By 30, FOCUS on these and set yourself 10 years ahead in life…
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1. Achieving a debt-free lifestyle
In your 20s, we tend to focus on maximizing pleasure
You’re finally an adult and you’ll never be as young as you presently are
However, at 30, you need get serious about debts
Paying someone else is never as cool as paying yourself instead
In your 20s, we tend to focus on maximizing pleasure
You’re finally an adult and you’ll never be as young as you presently are
However, at 30, you need get serious about debts
Paying someone else is never as cool as paying yourself instead
If you have debt, do this:
1. Consolidate your debts (loans, lines of credit etc.)
2. Create a repayment plan
3. Make extra cash to speed up the process
Debt makes it extremely hard to build substantial wealth
Don’t let it plague you longer than it has to
1. Consolidate your debts (loans, lines of credit etc.)
2. Create a repayment plan
3. Make extra cash to speed up the process
Debt makes it extremely hard to build substantial wealth
Don’t let it plague you longer than it has to
2. Saving For Retirement
You’re young now but you won’t always be
Retirement is something we all want to achieve
However, if you haven’t started by 30
Then you’re already well behind
Here’s what to do
You’re young now but you won’t always be
Retirement is something we all want to achieve
However, if you haven’t started by 30
Then you’re already well behind
Here’s what to do
Step 1: Adjust your budget to save 20% of your income
Step 2: Actually save 20% of your income
Step 3: Put all 20% into a 401(K) or Roth IRA
Step 4: Increase contribution % over time until you retire
There’s still time, you just have to act now if you haven’t already
Step 2: Actually save 20% of your income
Step 3: Put all 20% into a 401(K) or Roth IRA
Step 4: Increase contribution % over time until you retire
There’s still time, you just have to act now if you haven’t already
3. Save 6 months of living expenses
Nothing ruins your day like an unexpected cost
When you don’t have the money, it’s even worse
A recent study showed that only 37% of American can handle a $500 expense
By 30, this should be an easy task
If you can't, here's the fix…
Nothing ruins your day like an unexpected cost
When you don’t have the money, it’s even worse
A recent study showed that only 37% of American can handle a $500 expense
By 30, this should be an easy task
If you can't, here's the fix…
Step 1: Calculate your average monthly living costs for the last 6 months
Step 2: Divide that number by 12
Step 3: Adjust your spending/income to save that much every month for the next 12 months
Step 4: Congratulate yourself for having a properly set up emergency fund
Step 2: Divide that number by 12
Step 3: Adjust your spending/income to save that much every month for the next 12 months
Step 4: Congratulate yourself for having a properly set up emergency fund
4. Starting A Side Hustle
Your job isn’t paying you enough, we already know that
This is by as of 2021, 30% of Americans had a side hustle
Making extra income outside your 9-5 is now mandatory
Accept it and let me show you how you can start making more
Your job isn’t paying you enough, we already know that
This is by as of 2021, 30% of Americans had a side hustle
Making extra income outside your 9-5 is now mandatory
Accept it and let me show you how you can start making more
Step 1: Go on Upwork and identify a high-paying skill
Step 2: Learn that skill for 6 months on Skillshare or YouTube
Step 3: Bid on work on Upwork
Step 4: Reinvest earnings into upgrading your skill set
Step 5: Productive your skill and earn passive income
Step 2: Learn that skill for 6 months on Skillshare or YouTube
Step 3: Bid on work on Upwork
Step 4: Reinvest earnings into upgrading your skill set
Step 5: Productive your skill and earn passive income
If you want more details on how to implement these 5 steps
And replace your 9-5 with online income before the end of 2022
I explain in detail the EXACT process here: (50% off next 5 copies ONLY): adamdelduca.gumroad.com
And replace your 9-5 with online income before the end of 2022
I explain in detail the EXACT process here: (50% off next 5 copies ONLY): adamdelduca.gumroad.com
5. Forming a money mastermind
You will be as rich or poor as those you hang around with
Find people who earn 10x your income and start learning from them
Here’s how I went about doing this and how you can too…
You will be as rich or poor as those you hang around with
Find people who earn 10x your income and start learning from them
Here’s how I went about doing this and how you can too…
Option 1: Find a mentor, offer upfront value they require, share your interest to learn
Option 2: Read books
Option 3: Consume podcasts, YouTube videos, etc.
Mentors are all around us
Use all three options if you really want to start making more money
Option 2: Read books
Option 3: Consume podcasts, YouTube videos, etc.
Mentors are all around us
Use all three options if you really want to start making more money
6. Committing to a budget
It doesn’t matter how much you make if it isn’t properly managed
By 30, you need to know where every dollar is going
It’s those dollars that you need to deploy to grow your wealth over time
Here are some budgets that I recommend…
It doesn’t matter how much you make if it isn’t properly managed
By 30, you need to know where every dollar is going
It’s those dollars that you need to deploy to grow your wealth over time
Here are some budgets that I recommend…
Option 1: 50/30/20 budget
Option 2: Zero-sum budget
Option 3: Pay yourself first budget
Then, track your expenses on the notes app in your phone
A budget is useless if you don’t track how well you are adhering to it
Option 2: Zero-sum budget
Option 3: Pay yourself first budget
Then, track your expenses on the notes app in your phone
A budget is useless if you don’t track how well you are adhering to it
7. Understanding how to invest
At 30, you need to start thinking about the future
It’s the assets you buy now that will pave the way to wealth down the road
Sadly, most people save money at best and every even invest
Don’t let this be you
Here’s what to do…
At 30, you need to start thinking about the future
It’s the assets you buy now that will pave the way to wealth down the road
Sadly, most people save money at best and every even invest
Don’t let this be you
Here’s what to do…
Step 1: Understand the importance of investing (build wealth, maximize returns)
Step 2: Acquire learning resources
Step 3: Invest small sums of money as you learn and contribute more over time
Step 2: Acquire learning resources
Step 3: Invest small sums of money as you learn and contribute more over time
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I write a daily thread on building wealth with online income
Follow me for financial wisdom that will change your life forever: @Adam_DelDuca
I write a daily thread on building wealth with online income
Follow me for financial wisdom that will change your life forever: @Adam_DelDuca
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