If you’re currently in college or university (18-22 yrs old) here’s what I want you to do:

Skip out on just 1 night a week of going out.

Save that $50-100 instead.

Open up an investing account.

Invest it in sustainable dividend growth stocks.

Hear me out

You’ll end up with $200-400 saved every month.

There’s 8 months in a school year (typically)

On the low end you save $1,600 a year.

High end you save $3,200.

Over four years of school you’ll come out with $6,400-12,800.

That’s what you come out with at 22.

I get it though, some people need to pay rent/utilities/tuition among a variety of other things.

You might even feel FOMO (fear of missing out) if you don’t go out with your friends.

I felt it myself.

But what’s one night a week?

It won’t hurt your social life.

Once you’re out of college or university, you’ll be ahead of so many people.

You’ll have set up an entire new stream of passive income.

At 22!

If you’re lucky enough you might even move back in with your parents (no shame in that)

Maybe you got a full time job (hopefully)

Now you can start fueling your portfolio with that 9-5 money.

There’s nothing wrong with a 9-5 in the early stages of your life.

It gets your feet wet.

Let’s you see what you want and don’t want out of life.

Invest the majority of this income.

You already have an established portfolio of $6,400-12,800

Now the real growth comes in.

Living at home with minimal expenses.

By the time you’re 30 you’ll be laughing.

Just sacrifice one day a week when you’re young.

Doable? I think so.