The 7 WORST Purchases To Make In Your 20s

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Today let's discuss the worst purchases to make in your 20s, if you make smart financial decisions now and avoid my mistakes, then you can set yourself up for a whole life of freedom rather than just 10 years of fun!
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Опубликовано:

26 июн 2024

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Комментарии : 498

@rohann2833 2 года назад

“This isn’t financial advice” bro you’re one of the best at giving it

@marktilbury 2 года назад

Hi, thanks I just enjoy sharing my life experiences, so pleased you enjoyed it. MT 😎

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@avve9001 2 года назад

He has to say that so no one can sue him because of any stupid thing they made because of the information given in this video.

@hypnofba 2 года назад

Imagine calling a grown man „bro“ 🤦🏻‍♂️

@edicsonramirez1538 2 года назад

I see Graham Stephan . 40 years later lol. Your videos are so interesting can’t stop watching! Amazing content and such high value to our financial life! Thanks for your time!

@StylizedStation 2 года назад

Wish I had this list 5 years ago 😅 Great video

@EdwinLindberg 2 года назад

First

@marktilbury 2 года назад

Hi, thanks, I think there’s a few things there that could help out for sure. Thanks for watching MT 😎

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@DigitalArtcast 2 года назад

Nice to see you over here too brother haha

@I_Did_FineTTV 2 года назад

I’m getting this list 5 years early

@JonathanSorunke 2 года назад

You made some really great points here. Anytime before I make a optional purchase, I wait a couple of days before pulling the trigger to make sure I actually want it. Great video!

@marktilbury 2 года назад

Hi Jonathan, it’s such a great tip, so often you end up changing your mind. Thanks for watching MT 😎

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@EcommerceGold 2 года назад

I did a couple of these in my early twenties and while my bank balance didn't like it, they were valuable experiences that made me much better with my money. Great video as always!

@jason29853 2 года назад

My brother and I have always said, "Buy nice or buy twice." Glad to hear we're not the only ones with that motto!

@Mikey4808 2 года назад

There's a saying in my native language "goedkoop is duurkoop", which basically translates to "buying cheap is buying expensive", and it's so true. These days I buy the best quality I can pay for, not the quality that has the best price

@gerhardbekker646 2 года назад

"A mistake is only a mistake if you make it twice". I really like this. Else, with something good (like investing), you will stop after having lost some money for the first time. But, in principle, it is a good thing, and you should keep at it. You just need to learn from it. For example, earlier this year I went in relatively heavy on crypto (when everybody else was as well). It then fell out of the sky... I could have stopped and said it is ridiculous to invest in it. But I really think it has potential, although it is risky. This time, I am selling when others are greedy, and I am going to buy when others are fearful. Thanks, Mr Tilbury! Your advice gets my head tikking!

@TheCompoundingInvestor 2 года назад

Excellent advice and well explained. I like the idea of the 7 day cooling off period to reflect before buying.

@marktilbury 2 года назад

Hi, I still have to remind myself of that one most weeks! Thanks MT 😎

@madman12377 2 года назад

Designer clothes are a joke, people going out and spending 70% of their wage on £900 Moncler and Canada Goose jackets. Absolutely outrageous behaviour

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@jiggy734 2 года назад

Designer clothes are overpriced but I have a Canada goose. It’s £1000 and it has a lifetime warranty. I live in a freezing cold country so for me a Canada goose is an investment so I don’t get colds 🤣

@andrew201yo3 2 года назад

If it's 10% of my month income i see no problem :)

@ShadeSlayer1911 2 года назад

I'll never understnd that.

@J.mz00 2 года назад

a designer item will probably last you upwards of 10 years and probably pay it self

@P0isonGhost 2 года назад

Love how I get a get-rich-quick ad about amazon automatic businesses in the middle of his explanation about avoiding get-rich-quick scams 😂😂

@marktilbury 2 года назад

Hi, no way to choose the ads sorry 😢. Thanks for watching MT 😎

@Harrybuttle_ 2 года назад

I'm 14 and yet I am still watching videos to prep my future self!

@jacobriley3076 2 года назад

Same

@BB-km1yx 2 года назад

Same

@marktilbury 2 года назад

Hi, great job, you can always learn more. Thanks for watching MT 😎

@abethegamerful 2 года назад

People in their 30s don't even stop to think about finances so being so young and already looking into your future will give you a huge advantage

@christianthenoob2916 2 года назад

im 11

@AlexaMadison1 2 года назад

I wish students at school could learn things like this! They would be much better off learning about finances.

@KingKhan20000 2 года назад

Why would they teach students at school this? You’re taught to get a job and become a worker. The world wouldn’t run if everyone was an entrepreneur type.

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@ashdinmilligan5373 2 года назад

I’m bout to be 18 and I’ve been watching a lot of your videos and it made me start learning about wealth and finance I’d like to thank you for the heads up before I had to learn by myself

@mazayashah213 2 года назад

Thank you so much Mark. I'm always so skeptical about people giving financial advice on RU-vid but you genuinely give such good advice and care about helping people. I have ADHD and depression and anxiety and I felt like getting to a better place financially was impossible but you've really inspired me. All the best for you and your family!

@jellyjacky8586 2 года назад

Sorry, but I'm just wondering if you're self diagnosed or professionally diagnosed

@U-Trance 2 года назад

Didnt know you were interested in the jim browning situation, just shows how good youre integrated with any other creater. Great video mark!

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@trayambakeshdwivedi3023 2 года назад

I respect the fact that you're feeling embarrassed but still telling us your experience. It sure will help us not make the mistakes you've told.

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@techtipz4163 2 года назад

Excellent Mark, always love to see these sorts of videos.

@Lhdez777 2 года назад

Very intriguing video, look forward to your content every time you upload! Thanks for the advice, still trying to figure out how to start myself

@jordanmcgrath8152 2 года назад

Thank you Mark for this incredible information!

@onethirdmayo8556 2 года назад

For the first advice, I always knew I might buy twice when I`m buying the cheap ones. Because I know if it`s the first time I have it, I`ll probably break it due to lack of familiarity. So it`s actually a good idea do go for the cheaper ones at first and see if I really need it. Then go for a good one, or never buy again.

@financewithespi 2 года назад

Great Video Mark. It bothers me with a passion to see people following these financial mistake in their 20s. However I watch your all your videos so I can grow my wealth as soon as possible not make these mistakes.

@marktilbury 2 года назад

Hi Espi. Great job 👏 MT 😎

@A99Diaz 2 года назад

I find it amazing that a millionaire - who can probably quantify his time in thousands per hour - takes time off his productive day to give some tips on youtube, which probably gives him a minuscule income (meaning he just does it as a hobby or as a samaritan act!). Thank you for sharing your knowledge

@mitchruns9667 2 года назад

He's like 80 what else is he gonna do

@joshblades 2 года назад

@@mitchruns9667 80!? He's 54 😂

@A99Diaz 2 года назад

@@mitchruns9667 80? He was born in late 60's. This guy is probably younger than your dad or about his age. He can still work for 10 more years and still be below average retiring age. He is at his career prime, where his time is most valuable than ever.

@fifacatalyst864 2 года назад

RU-vid is not a “minuscule income”🤣🤣

@danielstevenson5036 2 года назад

He actually posted how much he made off this channel last month on his Tik Tok, something like $350,000 in ad revenue 😅

@novo7445 2 года назад

I love your videos thank you 🙏😊!!!!! I am more informed every video!!!!

@j.michaeljensen2150 2 года назад

Of course some one decides to dislike this very informative content. Great content as always Mark and Chris!

@6Gianco9 2 года назад

What I like about your advices is that they are simple and relatable. I mean, is something that could happen to everyone.

@wanderingsimp2210 2 года назад

Lovely early to learn, thanks Mark!

@marktilbury 2 года назад

Hi, your welcome. MT 😎

@keepthemomentum 2 года назад

Fantastic advice. Another great video.

@britneyrosie716 2 года назад

I am not in my 20s yet, but as a 19 teenage girl, I can confirm this is true as I experienced some of these!! I wish this video exist earlier! This is a really great video ☺️

@TheMabbol 2 года назад

Love the video and the experience, thank you very much

@cataclyst223 2 года назад

Hey Mark, I think a good series would be for you to help someone with investing and show from before and after, then that person could do the same for someone else etc...... I would be interested in learning from you so just a thought! Great vids!

@boejiden7093 2 года назад

Thanks for this video! Im in my early 20’s and this is perfect

@shoxruhmamadaminov1880 2 года назад

Ah man ! You are just amazing ) thanks for the video!

@davedkukis 2 года назад

Love it :) Thank You Mark for amazing content

@mistrykam 2 года назад

Thanks for another amazing video! I smashed the like button to help the youtube algos!

@carlosreyesf19 2 года назад

Thanks. I never trust salesmen because they just say whatever they need to make you buy. And even worse, some don't even know what they are selling. I usually get more unbiased data from the internet before buying anything.

@jaredswint 2 года назад

watched this and the best things, i am 19 and today because of these videos i have started my stock portfolio! thank you!

@charliesmith2151 2 года назад

Splendid content as always Mark! Thanks for guiding the future generation in this wild world we now live in :)

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@eve_______ 2 года назад

TL DR: 1. Be mindful with your money. 2. Don’t gamble your money. 3. Do research before choosing product. 4. Don’t let emotions affect your decisions. 5. Think about the value you will get from certain product, not only its cost.

@georgedamah1246 2 года назад

Love your videos, Mark! Super helpful and always full of great tips

@marktilbury 2 года назад

Hi George, thanks I appreciate that, MT 😎

@wetflapper5524 2 года назад

Couldn’t agree more with the gambling advice, I started gambling when I turned 18 and by 21 was £7,000 in debt. I have recently blocked all the gambling apps and am now working on paying it off ASAP before I start Uni!!

@elias6918 2 года назад

Hey mark! Your content has been really useful and i've got many advice for my future.

@marktilbury 2 года назад

Hi, so happy that it’s helping you my friend.MT 😎

@angelgarza9366 2 года назад

Thank you for this video 🙏🏼

@mortdawg 2 года назад

Just set up my first index fund portfolio!! Thank you sir

@Life.With.Ceegee. 2 года назад

Thanks Mark , great video

@pickettlickett 2 года назад

Was struggling to find a voice that actually spoke volumes to me as I'm a self employed carpenter burning the candle at both ends in the daytime so that I can expand my drop shipping business at a faster rate. I'm 24 currently and I can't wait for the future to see the extent of what you have taught me. Thank you Mark.

@Nfscarbon07 2 года назад

I'm 28 years old, and before even watching the video, I've probably purchased all of these and many more stupid purchases 😂 starting late but I'm trying to pick up the pieces, thanks for the videos!

@benj315 2 года назад

Great video mark 👍🏻

@timdissanayake1502 2 года назад

Solid stuff as always ❤️

@harvysingh3029 2 года назад

Great video mark 👌🏼

@prodhomerun 2 года назад

thank you for providing me information early on at 16 years old. Subscribed!

@riddlemeunknown6260 2 года назад

Great tips!

@eddiefletch64 2 года назад

Haha! When you were talking about the financial course scams I got an ad for one.

@marktilbury 2 года назад

Hi Eddie, it does happen but I can not control the ads. You know what to do. Thanks for watching MT 😎

@BenediktKluth 2 года назад

Good information!

@Tayden_N 2 года назад

Thanks for another vid Mark

@marktilbury 2 года назад

Hi, your welcome. MT 😎

@shaniafosbury8863 2 года назад

This has been helpful thank you :) I’m lucky in being 21 and having a mortgage already and learning these do’s and dont’s makes me feel more at ease being thrown into adulting! Also heard you’re from Hampshire, me too! What town?

@josephbrennan370 2 года назад

Damn you have a mortgage at 21!

2 года назад

Amazing video as usual!

@marktilbury 2 года назад

Thanks MT 😎

@100Johncummings 2 года назад

Hey Mark! Huge fan of the content, keep it up 😊

@marktilbury 2 года назад

Hi John, will do thanks for the support MT 😎

@clarsogenic 2 года назад

I am 23 years old and I am learning so much on how to be better at finances thank you so much

@stickfightanims7355 2 года назад

Wonderful video mate!

@marktilbury 2 года назад

Thanks MT 😎

@lucasallen5108 2 года назад

Mike can you make a video reacting to those financial guru ads??? I loved grahams video id love to see what you have to day about it

@sanzharsmc 2 года назад

I am 17, i am gonna start invest when i turn 18. So, there are good tips for my future self. And i am taking notes. Thank you My Friend(you are like my Grandfather for me) ❤💪🏾

@tabb6312 2 года назад

that last quote is Confucius well done Mark great video

@ToniPlays_ 2 года назад

I'm investing as much as I can. Though don't look at my moped project on my floor. Overall cost probably $1000 and I'm not even done with it. But I think it's a good investment in myself and a cheap way to move around afterward. And obviously, it's great to have something to do. After that's done I will save as much as I can and invest some more for that early retirement. Thanks for the great videos Mark!

@marktilbury 2 года назад

Hi, good luck with your project, I love doing things up so keep up the good work. Thanks buddy MT 😎

@yasumu3960 2 года назад

🧡 thanks so much for this!

@marktilbury 2 года назад

Hi Yamuna, you are very welcome. MT 😎

@yasumu3960 2 года назад

Mark Tilbury ☺️🙏🏼

@surenramanakumar280 2 года назад

Great Video as always!!!

@marktilbury 2 года назад

Hi, thanks man. MT 😎

@SmileSafari247 2 года назад

First of all i love your videos, everyday it makes me more determined. I need some advice, i want to get into real estate so what do you think i can do as my first steps after finishing college. Thanks.

@Hugolef 2 года назад

Lol seeing those videos at my age of 17 is getting me under pressure for my upcoming 20s 😂

@notrocketscience96 2 года назад

The AlTube Yougorithm, love it :D

@frederikmikkelsen7394 2 года назад

one thing i know was a smart buy, was the book ''think and grow rich'' after Mark recommended it. I love it! and theres some great knowledge in there!

@ilayturjeman1066 2 года назад

Hey mark great vid are you gonna do a follow up on your dropshipping video?

@georgepowell1399 2 года назад

Great video thanks

@marktilbury 2 года назад

Hi George, you are very welcome. MT 😎

@chrisc.2626 2 года назад

I'm 19, about to turn 20. I'll admit, I have committed the financial sin of buying designer clothes but I'm doing pretty good in the other categories so far! I'll keep this info in the back of my mind moving forward.

@ElusiveTy 2 года назад

There's nothing wrong with buying a couple of nice designer pieces, he dove deeper into store credit cards and not being able to afford what one is actually buying. So long as you aren't looking to replace your whole wardrobe, you could probably apply the 'buy nice or buy twice' motto.

@arbazmadeit 2 года назад

Can you please enable captions on your video's? It's really helpful for a foreigner like me. :)

@adsnipers7867 2 года назад

18 Year old here, been watching Yours and Graham's videos for a little under a year now. preparing for the rest of my life!

@tamasidinadze471 2 года назад

Same !! 😂

@stocksandsavings 2 года назад

If get rich quick courses worked, those selling them wouldn’t actually spend their time selling get rich quick courses 😅

@derLenno 2 года назад

Well the get rich quick courses are a great way of getting rich quickly - if you are the one selling the course.

@umairahmad4711 2 года назад

I’m definitely ready

@Max_Janszen 2 года назад

Love the content

@marktilbury 2 года назад

Hi Max, thanks MT 😎

@DonLuca_ 2 года назад

Love these Videos

@marktilbury 2 года назад

Hi Luca, thanks that means a lot to me and my son. MT 😎

@TheChansovann 2 года назад

Once you said about the house betting, I got a yt ad about house betting. Funny that

@Abdullah_Khaled 2 года назад

Thank god that such content is free ! (i just can't believe it)

@marktilbury 2 года назад

Hi, your welcome mate MT 😎

@edgeygaming9831 2 года назад

Great video

@LesterRomano 2 года назад

When I hear you say Altube Yougorithm I thought something wasn't right. 🤣🤣 Was that intentional? Loving your videos by the way

@dankbruyo7800 2 года назад

just turned 18 and you saved my future lmao i have been saving all my money for a new 2020 charger hellcat i can put half down right now from my savings but i would be in dept but instead i’m keeping all my money invested for my future

@yazan13 2 года назад

Wow, luckily I pretty much do all of what u said naturally and mostly thanks to my religion and raising. But still grate to hear these advices at age 22 🙏🏻❤️

@sudeeshsachu6421 2 года назад

Hey Mark Love your videos.Huge love from India♥️

@marktilbury 2 года назад

Hi, thanks 🙏 MT 😎

@codyhutchens1191 2 года назад

I second the guy who wants a "what to do in your 30s" to catch up and fix the mistakes of our 20s 💯

@markjones6932 2 года назад

+① ⑨④⑦ ⑧⑧⑥ ③⑦ ①⓪+

@markjones6932 2 года назад

Make a note to miss Lisa to startup a trade

@charlesramirez9283 2 года назад

First big up mark ! Mark how do I buy index funds in the Caribbean ???

@sun8ehyt347 2 года назад

Hi mark, I’m only 14 but thanks for this advice and I’m going to start doing this now!

@joshuasprogramming7885 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lVB4KKlWSOc.html

@CanadianBeaver 2 года назад

Love you mark ❤

@marktilbury 2 года назад

Hi Francesco, I’m feeling it thanks MT 😎

@Paddyhudson 2 года назад

I’m really surprised that you didn’t have the worst of them all on this list; a brand new car. Once you start making some real money in your 20s, the urge to reward yourself and join the “adults” with your own brand new car purchase, can be huge. In your 20s you likely won’t have the cash to buy a car outright, which means you’ll be financing for years and spending all your money on a super expensive object that you’ll like less and less as time goes on. Take the bus, ride a bike, drive that beat up old car that grandma sold you for $100, anything to avoid getting trapped by the purchase of a new car.

@marktilbury 2 года назад

Hi, that’s a very good call, there are so many money traps when you are young , my advice is to live like a student at home for as long as you can, no one expects you to have money. Great comment MT 😎

@primalexplorer8810 2 года назад

I am on the fence on a new car personally, I fully understand it is a bad financial idea, however I am treating it as me being an active guy and want a car I can occasionally sleep in and capable enough to carry my gear and get to trail heads off the beaten path. So I am still doing research and see what the best option for me personally is. Money is important, experiences are important too and I value them at the same level if I will be honest, stories to tell the grandkids and pictures to look back on fondly.

@ivanvargas1163 2 года назад

Not sure if that would be that bad (due to the situation) according to the country that You're living in. at least in the southamerican markets 2nd hand cars are really expensive right now, most of them maltreated, so You'll have to visit your mechanic quite soon. The real question is "do I really need a car?" (in my opinion.. if yes, because of work and you can get profit from it go ahead)

@UserName-ts3sp 2 года назад

i think as a 20 year old, i want a new car. though for me, i want an older lexus. i don't like the idea of a car payment

@CameronLegend 2 года назад

I bought a Toyota.

@aquaman7203 2 года назад

Hello Mark, there's a mistake in the description. This video is about worst things to buy, but the description says "best things to buy". Great content 👍

@jasnoor8-d-155 2 года назад

" we are not just telling stories , but making strangers millionaires " ----- Mark Tilbury

@cobomartinez2919 2 года назад

Lol, i got a get rich course ad watching your video

@christosbinos8467 2 года назад

Another great one is getting a fancy car. It's easy to get lucky in the stock market, or land a larger than normal sale in your business. The last thing you want to do however, is fork it all out in a massively depreciating asset, or even worse... Finance it. Have a friend that worked and worked only to spend 75K AUD on a car. Took him 4 years to work his way up to it.

@badgamer66220 2 года назад

Number 5, that was my mistake. I fell into the trap of thinking that there could be a method to regularly earn through betting.... Will never bet on anything again

@Amelie-vg5xl 2 года назад

Yup you need to hear this

@Michael-4 2 года назад

My first new car was a red XR2, but it was a company car earned by hitting sales targets. It may seem daft, but it was one of the proudest moments of my life. Unfortunately with the commission cheque I went out and blew most of it on a £1000 HiFi separates system. Which was a fair wedge back then. The twist is, I still have the Rotel amp and the tower speakers.

@marktilbury 2 года назад

Hi Michael, I am sure you have had many hours of pleasure from that HiFi, that’s also a ROI Return On Investment right there. Thanks for watching MT 😎

@UserName-ts3sp 2 года назад

the only ones ive done are buying cheap and sports gambling. but i generally keep it moderate, well except one time i made a bet for packers tickets

@wikiholic2638 2 года назад

Great Video

@marktilbury 2 года назад

Hi, thanks MT 😎

@ThePom91 2 года назад

Hi Mark, I agree with investing as a safety net/ retirement strategy, but say you have all your money in shares/ index funds and then you want to take it out, you’d be paying something like 45% capital gains tax. How can this be avoided? Love the videos! Cheers.

@marktilbury 2 года назад

If you invest using a Roth IRA in the USA or stocks and shared ISA in the UK then you won’t pay any taxes on your gains :) MT