In your 20s? Struggling to manage finances? Ryan Scribner, a millionaire by 26, shares insights on building wealth. His advice: focus on building financial knowledge over flashy stock picks. Invest in yourself, use time wisely, and start small to make a big difference in the long run.

Avoid taking big risks for huge returns, Scribner advises. He learned the hard way, losing $100,000 in risky trades. Instead, prioritize patience and diversification. Even with limited funds, investing time in learning can lead to significant growth in the future.

Don’t be discouraged by lack of financial skills or income. Scribner, who came from a non-investing family, emphasizes the importance of self-education. You don’t need to be an expert to start. Open a brokerage account, buy shares, and commit to learning new things to grow your wealth over time.

Read more at Yahoo Finance: 3 Money Rules Every Young Person Should Know