The 6 BEST Purchases To Make In Your 20s

Summary by Krater

Graham Stephan shares six financial purchases and investments to make in your 20s to build wealth and increase income, including investing in your career, buying a reliable used car, hiring a CPA, investing in a Roth IRA, buying real estate, and house hacking.

From the video

Answers: What are the best financial purchases and investments to make in your 20s?

• career investment
• used car purchase
• hiring a CPA
• Roth IRA investing
• real estate investing
• house hacking

What it concludes

• Investing in your career and increasing your income is the most important financial move in your 20s.
• Buying a reliable used car saves money on depreciation and maintenance compared to buying a new or expensive car.
• Hiring a good CPA for tax returns can save you more money in deductions and avoided mistakes than they cost.
• Investing in a Roth IRA in your 20s allows your money to grow tax-free and benefits from compound interest over decades.
• Buying real estate and house hacking by living in one unit and renting out the others can significantly reduce or eliminate living expenses while building equity.