Andrew Lokenauth goes over money lessons that everyone in their 20s should know about.

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Lokenauth has 15 years of experience in banking and tech. The lead image for this article was generated by HackerNoon&apos;s via the prompt “Dollar Bill’s.”

10 Money Lessons I Wish I Knew When I Was 25

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“In today’s economy, job security is an illusion, and 1 stream of income is 1 away from 0.”
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Such a raw reflection of the current economy makes me rethink the solidity of all my income streams. It’s all essential “lessons”, it is still a really nice post/tweet by the way.

Right, but life shouldn’t be about having to work more for some time to work less after that
Imagine living in a society where your basic needs are entirely fulfilled, and you contribute to whatever you can, however you can, without having to worry about money ? That’s the kind of life we should be living, not “I’ll spend my time and money in order to make even more money”

I guess the trickiest part is about investing. Sounds simple in concept, but extremely complex in execution. Even if you excel in the other 9 tips, failing on this one will prevent you from reaching financial independence.

This was a good one. I liked the reflection about the Job Security. It made me re-think creating some other sources of incomes