If you didn't already know it, YOLO is an acronym which stands for You Only Live Once. While that is certainly true, it is also associated with a spendthrift attitude, which is probably best summed up with the phrase "spend now and worry later."
The problem with following that path is multifaceted, not least of which because all debts eventually come due. Worse still, it could destroy your financial future.
Nicole Slavitt, CEO of financial services firm Kapitall, explains how to approach your money. Read more here.