Everyone wants to be rich, but it is not a one-night process; it involves many factors such as things to do in your 20s; habits you develop in your twenties; friends you make in your twenties; and many other factors that determine whether you can become rich in your thirties.
Many people are afraid to imagine becoming wealthy, especially those from the lower middle class, who believe it is impossible to achieve wealth in their lifetime.
But that’s not true for many people because of this belief that they cannot become rich and they remain, middle class, their entire life.
The truth is that anyone Yes, I said anyone. It may be middle class, lower middle class, or poor. Anyone can become rich. There are many people who didn’t have anything in the beginning, but at present, they are at their best level. So what makes them different from the crowd? What are the habits they had in their 20s that make them rich at present?
So yes, there are some things to do in your 20s that will make you rich in your 30s.
The habits that we are going to discuss were found when many rich people were interviewed, and after doing interviews and reading books about successful people, we found some common things that they did in their 20s that helped them become rich.
So let’s discuss the things to do in your 20s to become rich in your 30s.
1.) Write down your goals.
The first thing you have to do in your 20s if you really want to become rich in your 30s is to write down the things you want to do in your 30s What are your goals for your 30s, such as which car you will drive, which bungalow you will own, how much money you will make each month, and where you will travel?
Write down all the things in one place and fix a date. You will have all the things you need and you will have daily reading for your goal.
Now we come to the next point.
2.) Make a plan of action.
The next step is to make a plan of action. After you have decided on what the things you will accumulate in the future are, it’s time to make a plan on how you are going to do that. Don’t spend on luxury items in your 20s. Try to save as much as possible and invest the saved money in good stocks or mutual funds, because when you start spending early, you can get the benefit of compound interest.
3.) Read.
You will find one thing common to every successful man, and that is that they are good readers. Reading is a habit that you will never regret having because when you read a good book, you will develop good habits and your perspective on the problem will change, and more importantly, your mindset will change.
Everyone who is successful, whether it is Bill Gates or Warren Buffett, reads books. Bill Gates reads about 50 books a year, and Warren Buffett spends 80% of his time reading. So now you can imagine the power of reading books. But it doesn’t mean that you start reading any kind of book. You have to read books like autobiographies of famous people, self-help books, finance books, etc. These types of books will help you develop your mind and personality, so if you are in your 20s, please start reading books.
Nowadays, there are also podcasts available on the internet, so you can also listen to good podcasts. It will also help you develop your mind and personality.
4.) Focus on earning.
You will never become rich until you start making money, and if you want to earn a lot, then it is important that you have multiple streams of income. First, focus on one stream of income, and then add new streams of income.
Having multiple sources of income is very important because if by chance one stream of income goes down, the other source of income will make money for you.
Starting today, you can do a side hustle with your job to open new sources of income and also try to make passive income sources. With passive income, you don’t have to work for money. Whether you work or not, money will come into your bank accounts.
5.) Surround yourself with high achievers.
You are the output of the people with whom you hang out, so choose people wisely with whom you spend your time because you will become the person with whom you hang out.
If you are hanging out with four millionaires, then the next one is you. But if you are hanging out with four people who are not serious about making money, they will just spend their parents’ money, and you will also become like them. So choose the people with whom you hang out wisely.
6.) Think big.
Millionaires have creative minds, and they spend most of their time thinking about new ideas. Most people spend time gossiping and talking about other people, but millionaires don’t discuss people. They spend time discussing and thinking about ideas.
Because they understand that ideas are the most valuable assets, the most valuable things, because when millionaires implement their ideas, they earn money, so ideas are very valuable things. So pay attention wherever you go and see if there is any problem that I can solve.
Because if you can solve any problem, then others will pay you for your solution. For example, Amazon solves a big problem for those who don’t want to go out. They can simply sit at home and order what they want, and Amazon will profit from it.
You should also be a big thinker. You don’t have to pay any money to think, so think very big, because when you think big, you will try to do something big.
7.) Invest.
The 20s are the best years to invest your money rather than waste it, so it is the best time to invest your money. Don’t waste money on showing off, like buying expensive phones, expensive clothes, or expensive watches. Rather, invest your money in buying the stock of the brand you want to buy because that will give you a greater return. For example, if you want to buy an iPhone, don’t buy the iPhone, rather buy the stock of the iPhone because over time the price of the stock will increase, but if you buy an iPhone, the price of the iPhone will go down with time.
Not only invest money in buying stocks but also invest money in yourself, like buying good books and taking courses that develop your skills, because when you invest in yourself, it will give the highest return.
8.) Wake up early.
One characteristic shared by the wealthy is that they rise earlier than others and sleep less than the average person.
A normal person sleeps for at least 7-8 hours, but those who are rich and successful have taken control of their sleep. They sleep about 5-6 hours, and some even less than that, because they know that time is very valuable and once the time is gone, it will never come back.
So if you are in your 20s, try to take control of your sleep. If you sleep for 8 hours, try to reduce it to 7. And after some time, try to reduce it to 6. It will benefit you in the future.
Because the habits you adopt in your 20s will only be there in your 30s, so build the habit of less sleep and try to wake up early in the morning.
Because there is no one to disturb you when you wake up early in the morning, and the energy in the environment is completely different. After you wake up early in the morning, try doing some exercise and meditation. Meditation gives huge benefits, and if you just start with 10 minutes daily, it will show you results after one month, such as your concentration power increasing and you feeling happy. So if you are in your 20s, try to wake up early and do some exercise and meditation.
9.) Get out of your comfort zone.
If you really want to become successful and rich, then get uncomfortable with your comfort zone because when you are in the comfortable zone, your mind is very lazy. It always wants to be comfortable. Now, when I am writing this post, my mind is telling me to sleep, but if you always follow your mind, you will be trapped in a comfortable zone where nothing grows.
So it is very important to move out of your comfort zone.
Your 20s should have no place for a comfortable zone because your 20s are the time when you decide the rest of your life, so you have to burn in your 20s because the more you burn in your 20s, the more you will shine in your 30s.
So it’s your choice whether you want to work very hard in your 20s and enjoy your 30s or whether you want to enjoy your 20s and work all your life because when you enter your 30s you don’t have much time to try different things.
10.) Start your own business.
If you want to earn more money and become rich, then you should own your own business. It is the only thing where you can earn an unlimited income, although there is risk involved in the business. And there are many benefits of business like you can automate your business. When you automate your business, you don’t have to do much work. You can go on vacation and still earn money. But this is not possible in a job. You will only get paid when you do work, and when you go on vacation, your salary will be deducted.
11.) Take risks.
If you are serious about becoming rich and earning lots of money, then you have to step out of your comfort zone and take a risk.
Traditionally there are secure options like going to college taking degrees and going for a 9-5 job but you can never make unlimited money in the job and you will have to work otherwise you will not get paid but if you want to make lots of money and want to earn without doing any work then you have to take some calculated risk.
Don’t let your fear hold you back because if you dream of something extraordinary, you have to take action, which is extraordinary. You have to embrace challenges and risks if you dream of something big in life.
12.) Find a good mentor.
Find a good mentor to help you achieve your goal. A good mentor can give you advice that can change your life. A good mentor is invaluable A mentor will help you when you fail. A good mentor will help you when you face a challenge because he is the one who can stand in your shoes and feel the challenge that you are facing.
So finding a good mentor in your twenties to help you achieve your financial goals is a great idea.
13.) Have a role model.
Having a role model helps you to stay motivated when you feel demotivated. You just see the videos of our role model and you will be charged up.
You can also follow the footprint of your role model to achieve your goals.
CONCLUSION:
These are the things to do in your 20s that we discussed above that must be had in your 20s. Remember that your 20s are the golden period of your life because in your 20s you decide the rest of your life. In your 20s you decide whether you will be working under someone or you are going to be your own boss.
The friends you make, the things you watch, the books you read, and the habits you adopt in your 20s are very important, so choose wisely.
I hope you have learned something new by reading this blog. If you like it, leave a comment. It will be my pleasure.
So now don’t waste your time, go and crack it.