5 Money Mistakes I Made in My 20s!

Подписаться 684 тыс.

Просмотров 21 тыс.

50% 1

In this video, I share some of the money mistakes I made in my Early 20s! Although I've made quite a few more mistakes, these ones stand out. What are your own money mistakes? Do reply below in the comments, let's chat! #FinanceFriday #MoneyMistakes
CONTENT:
0:00 - Intro
0:46 - Starting a Business without Research
3:12 - Not Investing Early
4:29 - Not Budgeting Early
6:50 - Not Saving in Dollars Early
8:23 - Not Reading Finance Books Early
9:22 - Recommendations
LINKS:
How I Earn $500 A Day: • 5 Streams of Income - ...
I made $10,000 with these Apps: • I made $10,000 with th...
Earn 1,000 Naira with PiggyVest: bit.ly/367Gbzw
Get the Books (Audible Affiliate) amzn.to/3qrr63p
The Truth About INFLATION in Nigeria: • The TRUTH about Inflat...
Why Nigeria Banned Bitcoin: • REVEALED: Why Nigeria ...
My Bank Account Blocked for Bitcoin (Update): • My Bank Account Got CL...
The camera I used to film this: amzn.to/3tjQj1A
Microphone I used: amzn.to/3leG6Rd
Other Microphone I used: amzn.to/3rNmYMz
Music I use (BEST for RU-vid) from Musicbed:
Start Here: share.mscbd.fm/fisayofosudo
If you see this, comment #FodaAdu
Do Like, Subscribe and Share this video! You can also:
Follow me on INSTAGRAM - / fisayofosudo
Follow me on TWITTER - / fosudo
Follow me on FACEBOOK - / fosudo

Наука

Опубликовано:

26 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 303

@FisayoFosudo 3 года назад

Which of my mistakes do you relate with and what was your money mistake? Comment below, 👇 Let's chat!

@franciskatende1566 3 года назад

Not saving in dollars early. My naira just went downhill

@officialsylviachiwendu 3 года назад

I was so eager to grow my money I started learning about the crypto, forex and stock market on my own but my mistake was not getting an actual mentor. Learning about finance isn’t really something you can fully learn from some google articles...I lost money to a forex company...my learning still paid off because I bought some bitcoin early 😂 holding and still learning

@FisayoFosudo 3 года назад

@@franciskatende1566 I can relate

@FisayoFosudo 3 года назад

@@officialsylviachiwendu wow! Glad you bounced back. Nothing beats learning and there’s a ton of value on RU-vid too in free videos

@officialsylviachiwendu 3 года назад

I started out my RU-vid channel too Hopefully I get monetized soon...I want to make the kind of contents that you do because I feel like a lot of young people would get to their 20’s and realize they learned about money late especially Nigerian youths and females, not many girls even know what cryptocurrency means...I tell a friend about Bitcoin and they call it scam so I want to be able to educate them on my channel but I feel like I don’t know a lot so how do I teach what I don’t have 100% knowledge about? I love your channel by the way you inspire me a lot

@MedoUnboxing 3 года назад

Glad you made this video, will soon enter my 20's and I won't make these mistake for sure.

@officialsylviachiwendu 3 года назад

Learn to save and invest too I wished I learnt this sooner

@MedoUnboxing 3 года назад

@Fisayo Fosudo Your papa

@emmanuelmafuvwe6532 3 года назад

@@MedoUnboxing lmaoo 😂 nice reply

@Brianmuchiri 3 года назад

😂😂 I remember saying this boy was I wrong

@Fusionbtc 3 года назад

You'll still make them bro

@sammietwayne8007 3 года назад

I'm so early , I don't know what to comment but the title got me because I'm in my 20s and I know I have a lot to learn from uncle Fisayo 😍

@ConnectsLogTv 3 года назад

A must watch

@Coupletalktech 3 года назад

In 2019, I did tried out a venture that at first failed but, then gave birth to who I became today. Thank you for sharing your experience, FF.

@DocC7 3 года назад

I am in my early 20s and watching this video made me realise so many things I have been procrastinating. Well this is an eye opener and am glad you shared your mistakes also was eagerly waiting for this video all day long. Keep the work going.

@VeshBeats 3 года назад

Selling my ETH when it was still N100k was my biggest mistake last year.

@CEC_OZO 3 года назад

I am glad that I am among the first 100 in your comments today

@ayobamiokla 3 года назад

Wow... Insightful. Congrats on 140k subscribers and 10 million views.

@Mayhemm3365 3 года назад

Love it. I'm guilty of the the first 3 mistakes but I'm not in my 20's yet, so I guess you posted this at the right time 👍

@officialsylviachiwendu 3 года назад

I turned 20 last year since then I’ve been consciously trying to avoid making mistakes especially with some failed investments 😭 I lost money I worked hard to save...I still believe I’d be a financial expert like you someday...

@FisayoFosudo 3 года назад

I’m not an expert but anyone that studies about this stuff can actually become much much better with money.

@jerryuyokei6806 2 года назад

Fisayo I can't find any link here

@ajayiayomide3068 3 года назад

I resonate with the investing part the most although I'm 22, I've been trying to dabble into investing and also I read more financial books now. This year has been a great eye opener, thanks to your videos and other wonderful content out there. Better late than never 💪🏽

@olugbengaadewale2423 2 года назад

Always great to listen to you.

@emmanuelcyril 3 года назад

Hey I just started watching your channel and I'm a student So I will start following up your channel and making sure I implement what you teach

@yoleamos7075 3 года назад

Wow your videos have really come a long way... Kudos 👍

@BracketReviews 3 года назад

Thank you for sharing this. Experience has helped you so far. You have also learn a lot. Keep improving. I have also learn some things too. 👍👍👍👍👍

@sheisomarica 2 года назад

I’m in my early 20s and have been working on these things for a few years now. Thank you for sharing this info with us

@arinzeonyeka3843 2 года назад

Your videos have really changed my life. Thank you so much fisayo my biggest dream is meeting you in person to learn more

@mica3512 3 года назад

I wish I found out about stock market and shares sooner but thanks to you I got into it as soon as you posted the vid

@segunadeyemi2494 3 года назад

yeah i've watched a couple of ur videos (accidentally) and i appreciate you cuz u're honest. thank u for being you

@kingcheche_ 3 года назад

Thanks a lot for this bro

@onyedikachukwubuliechielu4268 3 года назад

i always enjoy your contents. Always value, value and value.

@alohlux146 3 года назад

Thanks for sharing it is an eye opener

@abiolaolayinka2023 3 года назад

Thanks again for this Fisayo 🥺✨. I think my own finance mistake that resonates with yours was not saving in dollars or investing early, particularly in 2019 when I had a fair amount of income come in and I just left it in my account just like that. Sigh.

@denenterver67 3 года назад

this is good education/content bro, keep it up.

@jamesezekiel-olufemi1202 3 года назад

Thank you soo much for this, Fosudo.💪

@damilolamoradeyo1879 3 года назад

I resonate with all the mistakes you made, I hoping in the next two years, I would be in a better situation.

@FisayoFosudo 3 года назад

🙏🏾🙏🏾

@danieldaniel2080 3 года назад

Thank you for this Mr. Fisayo!

@FisayoFosudo 3 года назад

Thank you for watching 🙏🏾🙏🏾

@davidsonokpala5496 3 года назад

Informative, educational and very useful. I enjoyed the entire video 👍. By the way the only similar mistake i made was saving in naira and not dollar 😭

@BracketReviews 3 года назад

Great video, Boss.

@Ptolemymichael 3 года назад

This is very insightful

@FisayoFosudo 3 года назад

Thank you 🙏🏾

@jahmielnico9910 2 года назад

fiasco how i wish i discovered y\this channel earlier you are such a great guy

@mrpatrick5852 3 года назад

Investing ✔️ 🤪 Budgeting ❌ 😏 Saving ❌ 😔 I've been lying to myself. By thinking I've been saving just by investing. But this video made me realize I've been doing the opposite this whole time. One for its self.. It's high time I took saving and budgeting seriously. “Budgeting” resonates with me very well. Cos I burn a lot of my income on data subscription. Thank you for bringing this up. 🤜🤛

@tersooahire2383 3 года назад

I see your video, i immediately click. Keep up the good work

@fortuneonovo8483 3 года назад

Needed this

@Godwin-VIDEO_EDITOR 3 года назад

Thanks a lot for making this video.. I actually used to read alot, and it saved me alot.. I stopped reading, budgeting, I spend 500 times what I used to spend (and be comfortable) and yet I was feeling I needed more money.. I'll start frugal spending more. Thank you again.

@micahmondison2924 3 года назад

Nice one bruv

@ENIIPAUL 3 года назад

After you mentioned your camera I looked at my newly purchased m50 and I’m like “So help me God”😩😅😅

@olapejuoladele326 3 года назад

🤣🤣🤣🤣... please don’t give up easily cos I’m thinking of buying one for myself soon, if it doesn’t work for him doesn’t mean it won’t for you too. You are really funny 😁

@ENIIPAUL 3 года назад

@@olapejuoladele326 thank you 💪🏽💪🏽. I won’t give up let me learn what to press first🙈😂😂. I hope you get yours soon so we can twin already 💃🏽💃🏽

@DerekTechReviews 3 года назад

Thank you soo much for this Chief Fisayo Am taking a better u.turn now.

@FisayoFosudo 3 года назад

Glad it was useful for you 🙏🏾😃

@TheFisayo 3 года назад

Love this video. I can totally relate

@FisayoFosudo 3 года назад

Thanks Fisayo!

@emmanuelabedide7536 3 года назад

Hey Mr Fisayo, thank you for setting out time to create this educational and mindshifting video. I'd like to follow in your footsteps as a graphic designer and start earning before going into anything else... What's good next line of action after watching Ina Saltz videos... I'm completely new in the world of graphics and I'd like to more so as to earn... I'm 21 and I'm barely surviving.... Thanks!

@ConnectsLogTv 3 года назад

Notification gang 🙏🏾🙏🏾🙌🏻🙌🏻

@abdulqadirsagir7384 3 года назад

I love these series

@FisayoFosudo 3 года назад

Glad you enjoy it 😃

@MiDaYiFT 3 года назад

Finance Friday Gang!!! We Lit!!!😂🔥🔥🔥

@MedoUnboxing 3 года назад

🤩

@ENIIPAUL 3 года назад

Yunno💃🏽💃🏽

@iamsamadeoluwa 3 года назад

Nice job.

@Badboybarz 3 года назад

Learning a lot from your channel bro.. I'll be turning 19 this year btw

@arifayanabiade756 3 года назад

Not saving in dollars definitely. Your videos make sense my brother

@FisayoFosudo 3 года назад

Thank you for watching 🙏🏾

@akande2 3 года назад

I love your video is educative and informative. Pls thumb up. Pls what type of do you use to do all this.

@michaela4733 3 года назад

I actually wish I took my finances quite seriously when I was younger.Not saving for investments, not learning more about finances and all. But thank God for last year lockdown 😂My financial eyes were opened #FodaAdu

@FisayoFosudo 3 года назад

A lot of people I know took their finances seriously last year. It’s a very important component of life and should be treated seriously.

@itsn3t 3 года назад

Damn. Tbh, I really need to take these into action. And I’m going to start tonight.

@MedoUnboxing 3 года назад

🤝

@DerekTechReviews 3 года назад

👍

@timxdesign 2 года назад

I was shocked this year when I checked my financial statement this year, it was outrageous spending and I can't really account for anything substantial or asset I spent my money on. Thanks for this video...

@go4growthsllimited 3 года назад

Awesome and nice sharing

@FisayoFosudo 3 года назад

Thank you 🙌🏾

@ebukaonyewuchi84 3 года назад

Fisayo I am in my early 20s and I can totally relate with the last 3 points jeez I have to start getting this shit together. Thanks fisayo God bless you

@FisayoFosudo 3 года назад

Thanks for watching!

@MedoUnboxing 2 года назад

0:54 Mine was print on demand for my merch and I didn't do a research on it.

@kingtorminator 3 года назад

Rich Dad Poor Dad is a very good book too fisayo

@FisayoFosudo 3 года назад

Yes it is

@dearomonso 3 года назад

Not savings generally. Both in dollars and naira. But I know better thanks to this video!

@MedoUnboxing 3 года назад

Congrats on 140K

@theADIMAbrand 3 года назад

Nice one Fisayo....please can you throw more light on saving in dollars

@FisayoFosudo 3 года назад

A common way is to buy via Bureau De Change officers or via an app like PiggyVest.

@theADIMAbrand 3 года назад

@@FisayoFosudo thanks

@divineewoh7766 3 года назад

Still 17 Grateful I found this video early😂❤

@drphilemon_ 3 года назад

I love your contents ,have gone through all of your videos. Please a suggestion,is it possible to be giving us the naira equivalent to the dollars you mention? I know you aim for the global market but I believe most of your audiences are Nigerians It would help a lot us understanding the value of the money you mention when we relate it to naira here ,you could go bk in time and tell us it's equivalent as at when you had it . Thank you Fisayo Fosudo and God bless you bro.

@oyetundeferanmi3648 3 года назад

@fisayo we should also have flenjo Friday, we reward ourselves for keeping up the good habit

@FisayoFosudo 3 года назад

Haha

@ayanfeogo6175 3 года назад

Started some personal reading this year and I am glad I did. So talking about saving in $$. How do I go about that. On a norm, I haven't been saving much in ##, only take what I need for daily needs, others are in crypto but for the sake of being safe would like to start dollar saving. What app or method do I use. Thanks for this video

@harmonytwins1 3 года назад

The only mistakes am making is I don't know how to tell people I don't have to give even though I have much and it's affecting me cos I don't have savings .

@netflixwithoutchills 3 года назад

Save in cowrywise and you no go get chance touch am

@toyinjr 3 года назад

first of all, you need money to make these mistakes, so I'm somewhat safe

@FisayoFosudo 3 года назад

Lmao 😂

@theartofverbonate2582 3 года назад

I see what you did there champ 🤣🤣🤣🤣

@emmanuelmafuvwe6532 3 года назад

😂😂😂 accurate

@emmii9708 3 года назад

🤣😅😅😅😂😂🤣😂😅😅😂

@netflixwithoutchills 3 года назад

This man

@okokonntia3174 3 года назад

Hi Fisayo, Honestly I am stunned to note that you are just in your 20s, the things you say and do as a youtuber is quite impressive and depicts a higher level of insight and maturity. Please do keep it up, but I did not see the links for the apps you use for investing oh, that is the one that I am interested in, pls can you post that.

@FisayoFosudo 3 года назад

Oh, it’s there. Among the top 5 links

@FisayoFosudo 3 года назад

Thanks for the compliment

@ajalaabdulazeez 3 года назад

Nice video. Thanks. Try read Secrets of the Millionaire Mind by T Harv Eker too.

@FisayoFosudo 3 года назад

I have read that too

@oghosaebengho541 3 года назад

Thank you

@yasirgaji 3 года назад

All the mistakes resonates with me 😶

@yemioffem4015 3 года назад

You should try Spectranet, their Unlimited plans are cheaper than MTN's 120GB...

@MiDaYiFT 3 года назад

Notiii

@Ife_made 3 года назад

Mine has being budgeting too, and will try your method out too, please are there apps where one can save in dollars? Thanks for this enlightening video.

@FisayoFosudo 3 года назад

A common way is to buy via Bureau De Change officers or via an app like PiggyVest.

@wtmmor6652 2 года назад

I know what it feels like to lose money, it happens, at least you learn something from the experience

@moshopeajiboye9373 3 года назад

We made many similar money mistakes. My major money mistakes were: not saving in dollars and procastinating on investing in cryptocurrency. Thanks for the video. 👍

@Peter-om5zw 3 года назад

Am not up to 20 yet but I've planned the business the business I want to do , all I need is investment money to start....

@gabrieltaurean4146 3 года назад

So.. quick question Which other ways can you save in USD aside using a domiciliary acct ?

@fymd729 2 года назад

Budgeting and procrastination

@Izikmakesart 3 года назад

Mehn I love this series.

@kingcheche_ 3 года назад

@fisayo Fosudo thanks for this video. You said you raise $5000 from graphic design, how can one achieve something like that, did you do so by freelancing and was it from freelancing sites or from working in a company. Maybe do a video about it, thankss

@Ehije97React1 3 года назад

Bro I want to buy an adjustment mic, which one do you remmend for me, I saw some of Amazon, 34$, 24$ and so, bro help

@kukupulus2949 3 года назад

Not savings in dollars and failure to acquire landed properties.

@abdulhakeemabdulmajeed1126 3 года назад

First comment 🙌🏾

@irohaemmanuellawrence2520 3 года назад

I got the book "The Millionaire Next Door" as a hand-me-down from my dad. I've had it for more than a decade now but have never finished the first chapter...🤦

@FisayoFosudo 3 года назад

Start reading 😅

@DerekTechReviews 3 года назад

Ff is a blast 🤗

@FisayoFosudo 3 года назад

🤟🏾

@balogunyushau6372 3 года назад

Please help with graphic design training course you have.

@chikedonaldibewuike4867 3 года назад

Not saving/budgeting early... I think I'm still doing that.

@olapejuoladele326 3 года назад

I also believe contribution (ajo) can also help in finance, it will help you in managing your expenses. This is a thing we overlook but does work for people, but please beware of scammers.

@BOSSsolutionscorner 3 года назад

What data solution will you suggest and/or which one works the best for you eventually?

@alheraaliyu3523 3 года назад

procrastinating, not saving and late investment in cryptos yeah this caused me a whole lot and yeah not reading about the stock market or the stock i which to acquire before buying em💔

@FisayoFosudo 3 года назад

Knowledge is power 👌🏾

@aloyozue9509 3 года назад

Fis my guy... I made some money mistakes and I think I'm just beginning to learn. I invested in a business (based on friendship) and lost more than half what I invested. Secondly, I didn't get into the crypto sphere early enough. Anyways, I'm currently a huge fan of crypto, but I just want to seek your opinion on this: do you think it's wise to save more than half your earnings in crypto (holding)?

@Biggieshouse1 3 года назад

Valid😑✊🏾✅

@GreenKonzult 2 года назад

what are other finance books you read?

@juochiokpala8384 3 года назад

Curious, how were you getting all the thousands of dollars to 'invest" in your early 20s in 'Nigeria'? That's millions of Naira

@FisayoFosudo 3 года назад

I worked for it 🤔

@juochiokpala8384 3 года назад

@@FisayoFosudo Wow, that's highly commendable. Can you please be more explicit on what jobs you were doing?

@anismikael7786 3 года назад

Yeah please tell us.... I'm trynna make money so I Can chase my passion... Please any tip

@fund2983 3 года назад

You should learn to have a open mind otherwise your thinking ability will always think small money is big but in finance, it's little

@juochiokpala8384 3 года назад

@@fund2983 that's exactly what we're doing by asking to be led to those businesses..

@adebayoomolumo1938 3 года назад

If you don't mind, could you go in-depth on the "Starting a Business without Research".

@smithusman8557 3 года назад

What you just said, do you think it makes sense?

@adebayoomolumo1938 3 года назад

@@smithusman8557 I hope so, given that more than 90% of business fail in their first year due to this. If you paid attention to the video, you might have noticed that, he specifically asked that we could request for more detailed explanation for the section that lights up for us. I believe we could all gain something from that, especially RU-vidrs who just make assumptions without doing research.

@bufarimartins6780 3 года назад

I took all my savings into creating an ecommerce and a blog site..Paid for some promotion, which worked a bit. But money was not coming from my Adsense. Was really bad for me in the rest of the year.

@FisayoFosudo 3 года назад

Better days ahead

@olakunleosidele6585 3 года назад

Is it just me or that Millionaire next book was so tiring to read 😅

@Ada_SmartExporter 3 года назад

You can listen to the audio book

@olakunleosidele6585 3 года назад

@@Ada_SmartExporter I'll check that out

@queenesoheigbinoba8109 2 года назад

Finally found this video! I made all the mistakes o 😂😂😂. I have a question, Fisayo. What do you advise, saving in dollars or saving in "high interest" fintech or mutual funds products. Look forward to your response 🙏

@FisayoFosudo 2 года назад

When starting out, I think a high interest savings account makes sense. Then later on, dollar exposure. When one is familiar with the market, has built the habit and is confident.

@MedoUnboxing 3 года назад

2:42🤣