These Highly Successful People Wish They Knew This About Money When They Were In Their Twenties!

#1 Mark Cuban, billionaire entrepreneur, investor

"Credit cards are the worst investment that you can make. The money I save on interest by not having debt is better than any return I could possibly get by investing that money in the stock market. I thought I would be a stock market genius. Until I wasn't. I should have paid off my cards every 30 days."

#2 Tim Ferriss, angel investor, best-selling author of “The 4-hour Workweek”

In your 20s, optimize for learning, not earning. Work directly under or with master dealmakers, and acquire skills. This is particularly true for negotiating and hard skills like coding. The only true job security is a superior skill set."

#3 Alexa von Tobel, founder/CEO of LearnVest.com

"Not having a financial plan IS a plan-just a really bad one! Given what I see as a general lack of personal-finance education, it can be all too easy to wing it with your money."

#4 Blake Mycoskie, founder of TOMS

"In my 20s I wish I knew that the best advice for any person is to follow their passion as opposed to chasing money. I've seen time and time again that the people who foster their true passions and true callings are the ones that end up the most successful."

#5 Kate White, former editor-in-chief of Cosmopolitan

"It's so much smarter to buy a few great quality items-in terms of clothes, furniture, accessories-rather than a bunch of cheaper stuff. Sometimes you get a great bargainbut so often cheap stuff is poorly made and falls apart in no time."

#6 Kevin Cleary, CEO of Clif Bar & Company

"I wish I better understood the power of investing. At the time, I had fewer expenses, more free time, and a long investment horizon- it would have been the perfect time to learn about investing."

#7 Adam Nash, president & CEO of Wealthfront

"It wasn't until later that I learned just how much of your long-term economic success depends on your professional career. I'm a huge believer that people in their 20s should seek out opportunities at later-stage, hypergrowth companies."

#8 Matt Maloney, CEO of GrubHub

"Money does not define success or happiness. In fact, if you are truly effective at what you enjoy, money usually follows your passion. Passion drives interest, which in turn drives focus and commitment. both qualities are requirements for success."

#9 Debbi Fields, found of Mrs. Fields

"Looking back now, I know that I would have greatly benefited had I initiated an investment strategy as a young adult. I was so busy trying to save every dollar and living paycheck to paycheck that the idea of wealth creation was never really a consideration. Not thinking bigger than my bank account was my error."

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