What Would I Tell My 22 Year Old Self About Money

22 year old self2006 doesn’t seem like it was ten years ago. I can remember parts of that year vividly. I was a third-year student at SSU. I was literally having the time of my life. Ten years later I think about the good times that I was having and can’t help but wonder how they could have been better. My financial was situation was great at 22. I was working at The Lady & Son’s Restaurant and selling mixtapes on the side. Somehow I still ended up in debt. If I could go back in time, there are a few things that I’d tell my 22-year-old self. In this post, I will share three of them with you.

Save more money

I’ve said this once, and I will say it again. I wish I would have saved more money back then. I had a little bit of money saved, but it could have been so much more. I had a messed up way of looking at money. Since I had a job and a side hustle I figured that I would just save later and that I’d be alright. The crazy thing is that I was all right doing that from 22-24, but once I graduated I needed more money because I had bills and student loan debt that now needed to be paid. If I would have been on my game at 22, I know things would have been different.

Those student loans will have to be paid back

Of course, I knew that the student loans had would have to be paid back, but at 22 I didn’t care. I thought I had all the time in the world. I figured that once I graduated from college, I would be able to get a good high paying job and knock them out in a year or two. Little did I know that I would graduate from college in 2 years straight into a damn recession. The economy was horrible. I’ve discussed on here before how I struggled the first couple of years after graduation. In hindsight, I would have applied myself more so that I could have regained my Hope Scholarship. That scholarship money would have allowed me to be in less student loan debt. I probably would have never been introduced to that crazy lady named Sallie Mae.

Pay off your credit card each month

I didn’t go splurging with my credit card back in the day. I used it to book trips occasionally and at the bar every once in a while. I should have used the money that I was making at my part time job to pay the credit card off each month. There was no reason for me not to do that. I guess it was a lack of knowledge.

I’m sure I made more mistakes at 22 than just those As a matter of fact; I definitely did, but they aren’t financial related, so I’m just going to keep them to myself lol. Seriously, I’m thankful for growth and maturity. Those money mistakes happened for a reason. They helped me become the person that I am today.

What is one thing that you would tell your 22-year-old self about money?




Disease Called Debt

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  1. I made so much money in school it was ridiculous. You think I used one red cent to pay those loans? No! hahahah (but not funny.) A time machine would be nice right about now, lol.

  2. Oh, my gosh, thank you for bringing up the recession. I would have graduated around the same time had I stayed a traditional student, and that was no joke. Probably the biggest reason not taking out student loans was my best move, despite it potentially stunting my income, though I didn’t know at the time. Back then we thought things were going to stay good forever… especially if we were young, I think!
    FF @ Femme Frugality recently posted…Outside the Box Back-to-School Savings TipsMy Profile

  3. Linda

    I would tell my 22-year old self that every time you hand over money for drinks, frivolous shoes, too many clothes…) you are handing over your freedom.

  4. I got my first credit card when I was 21 or 22. Although I didn’t go super crazy because it only had a 800$ limit, I still didn’t need anything that I used the card for. Therefore, I’d tell my 22-year old self to distinguish between needs and wants.
    Tia recently posted…6 Sites to Book a Last Minute HotelMy Profile

  5. Jen Pattison

    I think I would grab my 22-year-old self by the shoulders and shake her hard! I spent too much on stupid things, borrowed too much, saved nothing… Well done for becoming financially smart whilst you’re still young, it took me 25 years. Can I borrow that time machine when you’re all done with it? 😉

  6. Those are some important lessons. I’m not exactly sure what I would have told my 22-year-old self, but I would have told my 18-year-old self to decide what I really wanted to do before attending college. I took courses I liked and majored in history and philosophy with the intention of becoming a teacher. Only at the time there were no teaching jobs available and I ended up sidetracked into a retail management career. I think those who know what they want to do before they pursue higher education are much more successful.
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  7. I wish I could go back in time and shake my 22 year old self, lol! 🙂 I agree with everything you’ve said here – I didn’t save at all when I was young and I’m especially kicking myself for that now!
    Erin @ Stay at Home Yogi recently posted…The Lazy Way I Save Money on Groceries | App ReviewMy Profile

  8. Open an IRA, 22 year old Mel! Spend some money on stocks! But I wasn’t actually making too many bad financial decisions at 22.
    Mel @ brokeGIRLrich recently posted…Financially Savvy Saturdays #155My Profile