So, you’re 20 and feeling like the last kid picked for dodgeball when it comes to finances. Don’t worry, you’re not alone! Many young adults find themselves staring blankly at their bank statements, wondering if they should be saving, spending, or investing. Let’s break it down together like a classic 90s sitcom plot where the characters learn a valuable lesson.

First things first, let’s talk about the basics: saving. Imagine your future self as that wise old sage from a fantasy movie—let’s say Gandalf—who always has a stash of gold coins ready for a rainy day. Saving is crucial, and starting now means you’ll have a cushion when life throws curveballs (or dragons) your way. Set a goal to save a little bit from each paycheck. Aim for at least 20% of your income. It doesn’t have to be all at once; even small amounts add up over time, just like those secret ingredients in a perfect potion.

Next up, consider opening a High-Interest Savings Account (HISA). This is like keeping your treasure in a bank vault that not only protects it but also helps it grow a bit. Look for banks that offer competitive interest rates, as this will make your money work harder for you. Just imagine your savings account doing a little dance every time interest is added—who doesn’t want that?

Now, let’s address the elephant in the room: investing. You might think, "Isn’t that for Wall Street wizards and Fortune 500 CEOs?" Not at all! With platforms designed for newbies, investing is more accessible than ever. Think of it like joining a fantasy league but with real-life rewards. Start by learning about stocks, bonds, and mutual funds. A great way to dip your toes in the water is through a brokerage account or even a robo-advisor, which can help you choose investments based on your goals and risk tolerance.

And what about that FHSA—the First Home Savings Account? If you have dreams of owning a home someday, this could be a game-changer. It allows you to save for a house while enjoying tax benefits, making it like a cheat code for adulting. Even if homeownership feels far away, starting now can give you a head start on your future goals.

Don’t forget about budgeting, which is like the playlist for your financial life. Keep track of your income and expenses so you know where your money is going. There are plenty of apps that can help make this as easy as binge-watching your favorite series. Create a budget that lets you splurge a little while still saving for the future. Think of it as having your cake and eating it too, without the sugar crash later.

Lastly, educate yourself! There are countless resources out there—books, podcasts, even TikTok videos (just avoid the ones that seem too good to be true). Being financially literate is like having a map in a vast, uncharted world. The more you know, the better equipped you'll be to navigate your financial journey.

So, take a deep breath, channel your inner superhero, and start tackling your finances one step at a time. You’ve got this! Just remember, every financial journey begins with a single step, and soon you’ll be the one giving advice to the next 20-year-old wondering where to start.