Young Money
Spending in your twenties
Ten years ago this month, I began writing No Mercy / No Malice every Friday. I reflected on that milestone and wrote about why I believe great storytelling starts with strong writing here.
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Let’s talk about spending money in your twenties
I’m going live tomorrow at 3:15pm ET with Jack Raines, Substack writer and author of Young Money. This event is for everyone. Sign up below.
We’re discussing how to build wealth, find purpose, and make smarter financial decisions in your twenties. What should young people prioritize? Which conventional money rules are worth following? And how do you prepare for the future without putting your life on hold?
Get involved:
Submit your questions and topics in the comments of this Substack post before the taping. We’ll use that to shape the conversation.
Join the livestream and give us feedback in real-time. We’ll be looking at the comments.
A recording of the episode will be available this Thursday as usual – the difference is that your input will have helped shape it.
You’ll get an email notification when the stream goes live.
Appointment raging
Wednesday July 29 at noon ET (and every Wednesday) catch Jess Tarlov and Aaron Parnas on Raging Perspective. They’ll help you make sense of the firehose of political news this week.
ICYMI
Last week, I spoke with Derek Thompson, host of the Plain English podcast, Substack writer, and co-author of Abundance about living through the loneliest era in American history, how we got here, and what we do about it.
Life is so rich,
P.S. The 10% discount on an annual Prof G+ paid subscription expires at the end of the month. Buy now, or pay more later.
Hello Prof. G and Mr. Raines, I Im 25, and I just graduated from Cambridge with my master's in English. I am about to get married to the woman of my dreams. How can we try to make forced savings fun for one another, especially as (very gratefully) wedding gifts start to come our way? Is there even a ratio of spending to savings we should be aiming for for cash gifts like these, large or small as they might be? Ive been re-reading “The Algebra of Wealth” in preperation for entering the job market, and want to say thank you for all the good work you do.
My 25 year old son has a good job in a low cost area of the country. No student loan or credit debts. Car paid for. In addition to his day job (engineering) he is also doing some gig work (Door Dash, etc.)Should he be maxing out his 401K now, or should he be building up a nest egg for future home purchase? He has a girlfriend, but I'm not sure marriage/children is on the immediate horizon.