I wanted to get away from the money talk for a week (kind of) and talk about some things that are important for me to express to my readers that think they are not capable of doing big things while in their 20s.
Lets face it, if you are in your 20s, you are in your freaking prime. Your metabolism hasn’t slowed down too much, your acne is starting to clear up, your parents are possibly starting to respect you, and you’re hopefully starting to make some money while trying to figure out where you “belong” in this big and bad world.
Whether or not you have graduated from college, it’s important to start setting yourself up for success in your 20s and beyond. Millennials that think they are too young to make significant changes or too young to experience extreme success, are crazy.
I think your 20s are the perfect time to start a foundation built on dominating habits that will set you up for massive success beyond your wildest dreams.
Here are 7 things you can start today that will make tomorrow a huge success.
I am a big believer in continuing education beyond your higher education degree. No need to quit your job and spend $50k on an MBA (whole other topic), but what I mean is that you should be learning about everything you can. This includes things are beyond just your 9-5.
Instead of spending countless hours on useless activities, take a free course on Coursera where you can take all sorts of classes from Child Nutrition and Cooking at Stanford University, to Intro to Financial Accounting at the Wharton School of Business. Don’t have time or the money? Guess what? These are free and they are online.
“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.”
Mark Zuckerberg said this in response to an interview question about what he tells his team. Too often do I encounter people that are horrified by moving somewhere new, switching jobs or careers, or moving on from a disastrous relationship. If something isn’t working or doesn’t feel right, don’t be afraid to step out the box and into the unknown. You will get lost, but that is the only way to find what you are looking for.
Nobody will care about how many times you failed, but they will care about your success.
Budget, save, and invest.
I know you all were waiting for this one. I can’t put enough emphasis on how important it is to start treating your money right.
Let’s say you start saving/investing $200 per month at age 25 while earning a 5% return. At age 65, you would have $305,204.
How about you throw away your 20s and even some of the early part of your thirties and you finally start doing this at age 35. You will have $166,451.
Ok, lets move on.
Write goals, write in a journal, write a book, write a novel, write to your sister at camp (miss you), write down business ideas, and even write down how you plan on taking over the world (in a positive way). Writing things down gives your brain a creative outlet to express your thoughts.
Want to do something even cooler? Start a blog on a topic you love. For me, that’s teaching millennials about money and encouraging them not to settle for average. For you, it might be about your love for traveling or different types of healthy recipes.
Workout and meditate.
I think everyone needs some sort of exercise routine in their lives to keep their bodies happy and healthy. Not only will you feel better throughout the days, your results will give you confidence to conquer any obstacle that comes your way.
Exercising your body is great, but what about your brain? After hearing Tim Ferris and Arnold Schwarzenegger talk about the importance of meditation and how it changed their lives, I started Transcendental Meditation as a technique to help focus my brain.
I highly recommend finding a technique that helps you bring some peace to your brain, whether that be at a hot yoga class, or closing your eyes for five minutes.
Stop comparing yourself to others and concentrate on YOUR dreams.
Who cares if your friend is working as a consultant for Mckinsey and Company while you are barely making ends meet working a sales job.
Mark Cuban was working as a bartender in his mid 20s. Enough said.
Concentrate on the goals and dreams that YOU have, and work your ass off to learn as much as possible about everything you can.
Would you rather make $100,000/yr. now and peak at $250,000/yr., or make $30,000 right now so you can set yourself up to make an amount with no limits later?
I hate when millennials think that they aren’t capable of giving back when they have the most to offer than any other generation. Giving back doesn’t require you to write a check, but it does require you to take a genuine interest in contributing to a cause in some way.
Know how to read? How about going to read at the Boys & Girls Club once a week? Have awesome math skills? How about tutoring through an after school program in a low-income community? Know how to code? How about teaching computer classes? The list can go on. I am a big believer in every single person in this world having a unique skill set that can be taught to someone else less fortunate.
Don’t think for one second that you have to have a lot of money to give back to the community. There are lots of ways to help and lots of people that would be thrilled to learn something from you.
If you aren’t using your skills to make someone else’s life better, what’s the point? You can look up hundreds of volunteer opportunities at http://www.unitedway.org/.
I think it is important for all 20 somethings to start believing they can accomplish anything, and start setting up a foundation full of successful habits.
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