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What To Do Financially In Your 20s
Here are the key four financial skills to work on in your 20s: enjoy! 🔥 Personal Finance Course & Investing Programs (Soon) https://profmichaelcurran.com🚨 Use Coupon Code🤠MICHAEL🤠🚨🔥These are educational courses; past performance does not guarantee future results.
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There are four muscles to work on if you want to take care of your financial well-being: earning, saving, investing, and spending. Anyone can master money, but only if you care to.
First, without earning, you can't save, spend or invest. Consider starting by selling stuff, taking on more and more lucrative side-hustles over time, and wisely choosing a career that provides you the best opportunity for growth. Success separates those of us with persistence, which is key.
It's not how much you earn, but how much you keep. On savings, I go into more detail in https://youtu.be/X-ZJAre3g0g
Develop investing knowledge as early as possible. The ultimate step, investing involves figuring out what you're comfortable with: how much risk can you tolerate and how active do you want to be in investing? Money makes money through compounding. This channel aims to provide insight into various investment strategies from real estate to index funds to alternatives such as watches and cars and more.
Last, to live a rich life, you need to enjoy spending. Sure you can earn, put money away in savings and build it with investment, but spending could involve donations to charity. Earn, save and invest, so that you can spend on yourself now and later (retirement) and others (donations, bequests, etc.). Find what is most important to you and comment down below so you have a goal to achieve.
00:00 Intro
01:37 Earning Muscle
07:57 Saving Muscle
08:50 Investing Muscle
10:00 Spending Muscle
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