7 Money Lessons I Wish Knew in My 20s! (The Step-by-Step Guide to Build Financial Freedom Faster)

In this episode of "On Purpose," Jay Shetty discusses financial literacy and the common misconceptions people have about money, especially in their 20s. He emphasizes that a lack of financial education, rather than personal failings, often leads to poor money management. Shetty identifies three attachment styles to money—secure, anxious, and avoidant—and encourages listeners to cultivate a secure relationship with their finances. He debunks the myth that money is the root of all evil, highlighting that it's the love of money, not money itself, that can be detrimental. Shetty provides actionable advice, including taking control of financial decisions, automating savings, investing in financial education, understanding debt, and challenging inherited money beliefs. He also underscores the importance of generosity and viewing money as a tool for making a difference.