How to be Frugal Chic: The guide to building wealth intentionally (Ep 5)

How to build your wealth in your 20s? How to start investing? Beginner tips to personal financeMia McGrath is a personal finance creator who is known for the term Frugal Chic. Frugal Chic is all about living luxuriously while spending intentionally. Alongside Mia, in this episode we break down personal finance tips for Gen-Zs and young adults. This episode covers2:46 What Frugal Chic means6:18 Our first memories about money10:32 From 9-to-5 to full-time creator18:46 Is it too late to start content creation?23:38 Common money mistakes people make25:36 YOLO mindset28:10 How to save in a cost of living crises32:10 Side hustle culture36:36 How to start investing40:34 What age should I start investing?42:00 How to manage risks of investing? 45:43 Things that aren't worth buying49:04 Budgeting tips and hacks51:28 Things worth splurging54:56 Quick fire round1:04:50 What is Mia clocking off from1:05:38 Weekly challenge for our listenersThis content is for educational and informational purposes only and does not constitute financial advice. We are not licensed or regulated financial advisers. Investing involves risk, including the potential loss of capital. Any investment decisions you make are your own responsibility. Past performance doesn't guarantee future results.