Mistakes from young people nowdays .

Young people in this generation often struggle to save money for several reasons. Tak payah pergi jauh , im one of them . One key factor is the rising cost of living, including expenses like rent, education, and healthcare, which can make it difficult to set aside savings.

Additionally, many young people face low wages or unstable employment, making it challenging to build up savings.

What will happen if you keep on doing this mistakes? By you not having any savings , you might face various negative consequences in the long run. Here are some etfects:

Without any savings, you might struggle to cover unexpected expenses or emergencies that will lead to financial stress and instability.

Lack of savings can hinder young people from pursuing opportunities such as further education, starting a business, or buying a property.

Failure to save early can significantly impact retirement plans, making it difficult to maintain a comfortable standard of living in later years.

The most important part that is happening now is debt accumulation. Young people nowdays rely on credit cards and loans to cover expenses and it is potentially leading to debt accumulation and high interest payments.

So, instead of spending money on things that dont benefit you, try to spend it wisely on good things that might help you in future .

Thats all from me i hope this helps ! 🫶🏼

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