045: The 4 Biggest Money Mistakes People Make In Their 20s & 30s

16/09/2025 32 min

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Episode Synopsis

The 4 biggest money mistakes people make in their 20s & 30s––debt, extra cash, money fights with a partner, and overspending. In this week’s episode, Lauren and Nick cut through the noise and get back to the financial basics: how to pay off debt the right way, what to do with extra money after bills, how to split expenses fairly in a relationship, and why even high earners can end up broke.0:00 – Intro1:02 – Should you cash out your 401(k) to pay off debt?9:00 – What to do with extra money left after bills15:56 – Splitting bills with your partner fairly20:20 – When values clash in money conversations22:18 – Living paycheck to paycheck on a high income28:51 – Trade-offs, lifestyle creep, and how to fix spending31:49 – Final thoughts and wrap-up–––––––Sign up for 1:1 Financial Coaching here:https://justanothermoneypodcast.com/coachingWant to have your money questions answered on our show? Submit your questions below: https://justanothermoneypodcast.com/submit-a-questionReach us directly on Instagram @moneycoachlauren or @habitfinances