4 Things To Do In Your 20s to Become RICH!!!
A great philosopher Leonardo Di Caprio once said “There’s no nobility in poverty. I’ve been a rich man and I’ve been a poor man. And I choose rich every f**king time.”Nobody wants to live a life where one has to struggle every day to fulfill their needs and desires. Society says “the earlier the better .” So let's look at 5 things you can do in your 20s to manage your finances and become rich.
- Start Reading More
Let me tell you one thing reading will never go out of fashion that's why it tops my list. When you read you cultivate a source of knowledge.If you want to make money in your 20s you need to spend time reading books that teaches you about finance and investing. Here is the list of top 10 books on investing to cultivate a job giving attitude. One of my favourite books is Rich Dad Poor Dad by Robert Kiyosaki which highlights the importance of investing in assets from an early age . Given below is an 8 minutes summary audiobook of Rich Dad Poor Dad.Bill Gates reads around 50 books a year. Business tycoon Elon Musk-The Space Guy claims to have read around 500 pages a day. So you see, it's important to feed your mind with healthy information.
2. Learn Skills
When you are young you are full of enthusiasm and have a curiosity of a cat. Use your 20s to learn new skills. It could be related to acting, singing, coding, digital marketing and more. Top skills required in 2020 are related to python programming, full-stack developer, digital marketing and artificial intelligence. So brush up your skills in these fields to gain a competitive advantage over others.
3.Make use of apps like Youtube
Youtube is a free platform to earn some good money. But you need patience . Now Youtube guidelines say you need 4000 hours of watch time and 1000 subscribers before you can apply for monetization. Websites like Freelancer and Fiverr are also a great source to earn some extra money from freelancing. Below is a video on how to make up to U$100 through the phone.
4.Focus on Having Multiple Streams Of Income
You cannot become rich through your 9–5 job or having only 1 stream of the job. You need to have multiple streams of jobs. One could be through your regular job. In your 20s you can start your own small business, something like drop shipping which literally requires no investment. The third stream on income can be through investing in shares. Mind you, you need to have proper knowledge about the share market before you invest.
Hope you will use these tips to earn money.
Formal education will make you a living; self-education will make you a fortune.” — Jim Rohn