10 things worth spending money on in your 20s

things worth buying 20s

There are purchases that are really worthwhile, and then there are impulsive purchases that you could’ve done without, like your midnight ASOS order.

Your twenties are a great time to start investing in yourself and that involves quality purchasing decisions. And yes, that probably means spending less time in Kmart.

Here are 10 things that are worth spending money on in your 20s.


Getting a gym membership and spending time getting and staying fit is a great investment in your 20s. Making a habit of exercising makes it easier to make other good decisions about your health like getting enough sleep and eating well.

If you know you’re the type of person that needs a dedicated place to go to with people around for a solid workout, find a gym nearby that works for you. You’ll find it easy to get fit and stay healthy, and you’ll definitely save money on your health later on.

Good and healthy food

Eating well is much easier than you think. The first few days are the most challenging, and after that, you’ll wonder how you ever ate McDonald’s every day throughout uni. 

We all know the benefits of eating well, and if you take your health seriously enough, you’ll know that the saving you make by choosing fast food over a decent chicken and salad sandwich is not worth it in the long run.

If you’re on a budget, make a point of buying healthy ingredients and making your own lunch.

Healthy food


One of the best assets you have in your 20s is your ability to work and earn income. You can improve your earning potential by taking classes and doing additional training so that you can move forward in your career.

The other great thing about this is that it is often tax-deductible, so you can get some of the money you spend back. Your options can include practical courses with industry organisations through to postgraduate courses at university.

Diversified investment portfolio

The best time to start investing is when you’re young and you can take advantage of compounding interest. You have the best asset of all, and that is time.

Make your existing savings work harder for you by investing them the right way exchange-traded funds are a great way to build investment portfolios to suit your objectives.

If you don’t know much about the stock market or you don’t have the time to research and manage your own portfolio, you can employ the help of a low-cost investment management service, like Clover, to monitor and rebalance your portfolio when needed, so all you have to do is kick back and relax.

Quality clothing items

While it can seem tempting to buy into the latest fashion fads, great quality clothes are flattering and wear better over time. They’ll often turn out to be a better investment in the long term too. They can also help you to look and feel better at work, which might help you to snare that next promotion.

wardrobe audit

Health and income-protection insurance

Making sure that you can continue to earn money to pay your bills even if you get sick or have an accident is extremely important in your 20s. Having health insurance and income-protection insurance can ensure that no matter what happens, you’ll still have the money that you need to pay any extra ‘gap’ medical payments as well as your normal bills.

An emergency fund

Anything can and will happen in your 20s. It’s a great idea to include a small amount in your budget to put aside in an emergency fund which you can use for unexpected costs or a loss of income, like losing your job. It will stop you using pricey credit cards and personal loans if you get stuck.

Get started by reading our guide on on building your emergency fund.

building emergency fund


In your 20s it can be great to get out and see more of the world and widen your horizons physically as well as mentally. Even if you don’t have enough in the budget to travel overseas or go to exotic locations, there are many great sites to see around Australia while you have the time and energy to explore.

Some of the best people you’ll ever meet is through travel.


Your 20s are an important time to build and cement relationships that will last you the rest of your life. It is a good idea to have some money in your regular budget so that you can go to events with friends or travel to see friends and family that are not living close to you at the moment.



It can be all too easy to lose important documentation in your 20s, particularly if you are moving home often.

Investing in a lightweight filing cabinet or folder to hold important documents like your passport, birth certificates, warranties on things you buy or receipts for tax deductible-expenses is a fantastic idea.

Better yet, store digital copies of your documents so you have them on the go, whether that’s using Google Drive, Dropbox, iCloud or whatever online file management tool works best for you.

By keeping all of your important documents in one place you can save time and money by not needing to get replacement documents in a hurry as well as ensuring you get the best possible tax return.

Get your finances in order and start with 5 simple questions in our free financial health check. Find out how much you should save, spend and whether you’re ready to invest.


Also published on Medium.