Finance writer Remit Sethi says the problem with young people is they don’t know how to spend their money. “They blow their money on whatever, then reactively feel guilty about it the next day.”

If you look at your bank account and think, “I spent how much on what?” That’s how you know you aren’t spending consciously.

Treat money like Marie Kondo treats her sock drawer. Decide what things you care about and spend towards those endeavors — ferociously cut out everything else.