The 7 Best Purchases I Made in My 20s

A Millennial Grandma
by A Millennial Grandma

What are the best purchases to make in your 20s? When we’re young and struggling to make ends meet, conscious spending is key. Sometimes you have to splurge for things. Though spending feels scary when you don’t have a lot of money, certain purchases are worth the investment.

I will be sharing the top purchases that I made in my 20s in the hopes that they can help young people make better decisions with their money.

1. Education

One of the top purchases that I made in my 20s was investing in my education. I met a lot of great people while I was studying and living in university.

Going to school has allowed me to broaden my horizons and learn more about topics I didn’t know anything about. It has allowed me to become more independent and learn more about myself.

2. Compound interest savings accounts

Another great investment decision that I made in my 20s was to get started putting money into my retirement. Compound interest is truly the 8th wonder of the world.

I make sure to pay myself every month and put that towards investments. I just allow compound interest to work its magic and by the time I retire, I will have a good nest egg. Planning for your financial future is always a worthwhile investment.

3. Laser hair removal

Laser hair removal was another purchase I am happy I made in my 20s. Laser hair removal has helped save me time. I don't have to spend as much time shaving. It also saved me money.

I rarely have to go out and buy razors and shaving creams. I only need to shave my legs and my underarms every few months as opposed to having to do it every other day or every week.

Investing in Invisalign in your 20s

4. Invisalign

A very worthwhile purchase that I made in my 20s was getting Invisalign. As a kid, growing up, I felt self-conscious whenever I smiled. My bottom teeth were a little bit crowded, and one of my front teeth was kind of angled slightly, so it was protruding a little bit forward.


After I graduated from university, I knew that getting my teeth straightened out was an important goal for me. I am so glad I invested in fixing my teeth. I loved seeing all the improvements and knowing I earned the money to pay for them.

What’s best is that now I never feel self-conscious when I smile. In fact, I feel proud. I feel like I earned my smile.

Investing in a Chanel bag

5. Chanel bag

In my 20s, I bought my beloved Chanel purse. I would consider this to be a top purchase for me because it represents a milestone that I made after I had paid off my student loans.

Owning a Chanel purse has been a dream of mine ever since I was in elementary school. I knew that after paying off my student loans, getting a Chanel bag was the next goal that I wanted to set for myself.

I bought my preloved Chanel purse for under $4,000. Since then, the prices for Chanel purses have considerably gone up to over $10,000.

Purchasing a Chanel purse after paying off my student loans was a milestone for me because it really emphasized that putting hard work into something that you're dreaming of is actually achievable. 

6. High-quality skincare products

When I was in my 20s, I started spending more money to buy good skincare products. When I was younger I bought so many drugstore skincare products. I was breaking out all over my forehead. My skin was super dry. I had no idea what I was doing.

When I reached my 20s, I learned a little bit more about what worked well for my skin. Now I make sure to invest money into good skincare products so that they will really help my skin.

I use a lot of French skincare products because I find that they're gentler on my skin. I have my cleanser, my mist, moisturizer, and retinol. It is important for me to be proactive with antiaging.

7. Traveling

Now that I'm in my 30s I am realizing traveling was such a great thing to spend money on in my 20s. I've been so fortunate to have traveled to so many cool and amazing places across the world.

I went on a cruise with my sister, and we just laid down on the beach and had the best time. I also went to Paris and Italy for my honeymoon. I even did a cross-country road trip across Iceland. Seeing the Northern Lights was incredible.

Traveling has been a really great experience. Being immersed in another culture, meeting new people, and eating new foods was a wonderful growing experience.

You don't have to stay in fancy hotels with picture-perfect views. You could stay in hostels and meet other travelers. I have stayed at youth hostels while traveling. It saved me a lot of money, and I got to meet cool people and stay in really interesting places.

If you're in your 20s, invest in traveling as much as you can. If you don’t have that much money to spend, you can travel across your city or across your country.

I love being immersed in new cultures and experiencing what life is like in other countries. I like that I can take that knowledge and really apply it to my own life. Seeing what is different as well as what we have in common makes me feel connected and helps me grow in ways I hadn’t even considered before.


The best purchases in your 20s

While being conscious and careful with your money is important when you’re young, it doesn’t mean you should never splurge on anything. Certain purchases are really just investments into yourself and your future.

Buying yourself what you need in order to learn, grow, expand your horizons, and feel more comfortable in your skin will help you enjoy life and create more stability for yourself in the future.

Join the conversation
2 of 6 comments
  • Pamela Reinhardt Pamela Reinhardt on Dec 19, 2023

    I thought the article was delightful. I’m in my 70’s now, and I appreciated her perspective as a young woman in her 20’s. Everyone’s journey will be a little different. We all get to choose!

  • Eileen Eileen on Dec 19, 2023

    If your employer offers private disability insurance (employee paid) then invest in it during your PIE (period of initial eligibility). You may someday need it if an illness or accident prevents you from working more than a year. It can pay up to 70% of your salary Fed tax free. Look into your own situation if you don't want to move back to mom's house broke.