Trying to build wealth in your 20s?

Read this thread.

- THREAD -

1/11

''Your time''

You're super young.

You still want to spend your time wisely.

- learning a new skill
- building a new biz
- planning out your future

The worst thing you can do is to

x Go out drinking every weekend
x Netflix 24/7
x wait until you hit 30s

2/11

''HVS''

Learn high-value skills.

- Money management
- Human behavior
- Communicating
- Negotiating
- Writing
- Sales

There are more. These are just the basics.

Studying these will make separate you from your friends.

3/11

''Molla''

2 Things you need to do:

1. Track your expenses
2. Plan out your expenses

For tracking, I use a free app: Spendee

Plan out your expenses:

Set the % of your ''income'' that goes to:

- traveling
- investing
- wants
- needs

Knowing where your money is = KEY

4/11

''Start a low startup cost biz''

These are the type of biz where you'll have to invest in your time.

- Instagram niche page
- Print-on-demand on Dribble
- Amazon Kinde Direct Publishing

This biz is some kind of online real estate you poses and can be sold anytime.

5/11

''iNVeStInG''

This one isn't super unique but...

Start investing asap:

- Stocks
- Crypto
- Real estate

Trust me you don't need the money in your bank account.

Once you have:

1. Family
2. House
3. Holiday House

You'll need the money badly.

6/11

''Network''

Another super unique one.

But having a great network will save you every time.

How do I network:

- go to the person
- start asking about their life (be interested)
- have an awesome convo
- exchange info (usually social media works)

Network is another gem.

7/11

''Edu Cat Ion''

Don't be afraid to invest in your education.

17yo me invested $500 in learning the art of copywriting.

This skill makes me money every day.

I made well over $500 with it.

Was the investment worth it?

Yes sir!

8/11

''Don't burnout''

In the very beginning, you'll want to do everything at once.

But it's a terrible idea.

You'll lose the motivation.

You'll find it hard to work on it.

You'll give up sooner or later.

Cure:

- take breaks
- have a detailed plan
- don't forget to enjoy

9/11

''Personal Brand''

Build online persistence.

The Internet is a place with unlimited career opportunities.

Having a credible personal brand will make it rather easy for you.

I chose Twitter.

I made more money in 4 months than my friends in a year.

- LINK -

If you're serious about building a personal brand on Twitter

I recommend Get The World Talking by @AskTheGiver

*Profile that will force visitors to follow

*Weird way to engage (but successful)

*Proven Tweet formats

Here is my aff link: https://gumroad.com/a/108098675 

10/11

''Dior''

Don't buy designer clothes.

Why?

1. You can't afford them
2. You're not impressing anyone
3. It's a waste of money

I know it's hard not to buy...

But do yourself a favor and stay away from this.

11/11

''Failure is good''

It sucks in the very beginning.

But...

If you learned a lesson from it... this is your micro win.

As mentioned already.

You're young. You have time.

Allow yourself to fail.

It's the fastest way to grow as a person.

- THE END -

If you're still reading:

1. Scroll back up to the first tweet
2. Leave a like
3. RT the thread to save other people in 20s

More of these are coming.

- Van