What are the top financial mistakes to avoid in your 20s?

1) No term insurance (cheapest when young). 2) Zero savings rate (spending everything). 3) Only in FDs, ignoring equity's long-term power. 4) No emergency fund. 5) Buying insurance as investment (ULIP, endowment). 6) Taking lifestyle loans (personal loan for phone, holiday). Fix all six by 25 and you're ahead of 90% of Indians.