Business
Health
Entrepreneurship
Finance
Personal Development
Lifestyle
Family Life
Exercise
Investments
Wealth Building
Better judgment
Better mental health
Better physical health
Better critical thinking
Better learning retention
How to Build Wealth in Your 20's
11 Steps to Start Now
- Thread -
11 Steps to Start Now
- Thread -
1. Read Daily
85% of millionaires read 2+ books per month.
Books offer advice on:
- Personal development
- Entrepreneurship
- Investments
- Business
- Family
- Life
If you want to succeed, you have to read.
85% of millionaires read 2+ books per month.
Books offer advice on:
- Personal development
- Entrepreneurship
- Investments
- Business
- Family
- Life
If you want to succeed, you have to read.
2. Exercise
76% of millionaires exercise 30 mins daily.
Exercise gives you:
- Better judgment
- Better mental health
- Better physical health
- Better critical thinking
- Better learning retention
You can't enjoy your wealth if you're in bad health.
76% of millionaires exercise 30 mins daily.
Exercise gives you:
- Better judgment
- Better mental health
- Better physical health
- Better critical thinking
- Better learning retention
You can't enjoy your wealth if you're in bad health.
3. Invest
Inflation will nibble away at your money's purchasing power.
Don't stash your cash.
Invest in:
- Yourself
- Real estate
- Your network
- Stock market
- Your business
Invest consistently and you'll see results.
Inflation will nibble away at your money's purchasing power.
Don't stash your cash.
Invest in:
- Yourself
- Real estate
- Your network
- Stock market
- Your business
Invest consistently and you'll see results.
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4. Take Some Risk
In your 20's you have the time and ability to take risks in life that you normally cannot afford when you're older.
Take calculated risks in:
- Starting a business
- Learning something new
- Moving somewhere different
No risk, no gain.
In your 20's you have the time and ability to take risks in life that you normally cannot afford when you're older.
Take calculated risks in:
- Starting a business
- Learning something new
- Moving somewhere different
No risk, no gain.
5. Stay Away from Credit Card Debt
47% of American adults carry credit card debt.
Why credit card debt is bad:
- Increased stress
- Lowers credit score
- Decreased cash flow
- Pay extra fees & charges
"If you use a credit card, you don't want to be rich" - Mark Cuban
47% of American adults carry credit card debt.
Why credit card debt is bad:
- Increased stress
- Lowers credit score
- Decreased cash flow
- Pay extra fees & charges
"If you use a credit card, you don't want to be rich" - Mark Cuban
6. Be Grateful
See the light in the dark.
How to become a positive thinker:
- Focus on the good things
- Spend time with positive people
- Find support from your network
- Start each day on a positive note
When you change your perspective, you change your world.
See the light in the dark.
How to become a positive thinker:
- Focus on the good things
- Spend time with positive people
- Find support from your network
- Start each day on a positive note
When you change your perspective, you change your world.
7. Stay Hungry
Never stop learning, because the universe never stops teaching.
You can succeed if you:
- Want more
- Try new things
- Push your comfort zones
- Never settle for mediocrity
"Life goes on and you learn from it" - Steve Jobs
Never stop learning, because the universe never stops teaching.
You can succeed if you:
- Want more
- Try new things
- Push your comfort zones
- Never settle for mediocrity
"Life goes on and you learn from it" - Steve Jobs
8. Start a Side Business
66% of millionaires own their own business.
You can earn money with anything:
- Blogging
- Flipping items
- Creating courses
- Freelance writing
- Managing social media
Live without limits.
Build a lasting empire today.
66% of millionaires own their own business.
You can earn money with anything:
- Blogging
- Flipping items
- Creating courses
- Freelance writing
- Managing social media
Live without limits.
Build a lasting empire today.
9. Avoid Lifestyle Creep
Never allow lifestyle creep to eat away your wealth.
As you earn more money, save more money.
You will be tempted to spend more money because you can, but don't allow your mind to trick you.
Control your expenses before they control you.
Never allow lifestyle creep to eat away your wealth.
As you earn more money, save more money.
You will be tempted to spend more money because you can, but don't allow your mind to trick you.
Control your expenses before they control you.
10. Find the Right Friends
You are the average of the 5 people you hang out with.
You'll see that you:
- Think the same thoughts
- Have the same goals
- Lead similar lives
People can either inspire you or drain you.
Choose wisely.
You are the average of the 5 people you hang out with.
You'll see that you:
- Think the same thoughts
- Have the same goals
- Lead similar lives
People can either inspire you or drain you.
Choose wisely.
11. Build Healthy Habits
Successful habits could include:
- Frugality
- Positivity
- Networking
- Setting goals
- Taking action
- Reading books
- Waking up early
It takes around 66 days for a new behavior to become a habit.
Take the steps today to make a better tomorrow.
Successful habits could include:
- Frugality
- Positivity
- Networking
- Setting goals
- Taking action
- Reading books
- Waking up early
It takes around 66 days for a new behavior to become a habit.
Take the steps today to make a better tomorrow.
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