Episode 30: Financial Mistakes in our Youth

If you are one of the lucky ones who has known how to manage your finances since a young age, Sim and Shiv would love to hear from you. The two of them were not the most financially savvy growing up.  

Both Sim and Shiv fell victim to emotional spending habits in their 20s - jewellery for the fashionable Shiv, and notebooks for the geeky Sim. They recognize it's a proxy for something else - but not being psychiatrists themselves, they are loathe to fully analyze what that proxy could be. Other mistakes - being too risk averse, not knowing how (or willing to) negotiate for raises and of course, getting into credit card debt. 

Over time, they've gotten better (relatively speaking), but a chance to do over would see both of them making slightly better choices in life. And by slightly, they mean "a lot"! :)