The word " Investing " sounds to be a scary one for most of us since we are not even aware of what is really meant by investing, and some even have a misconception that investing ends up losing your money. Being in your 20s is a golden opportunity to taste the market for the long term, and staying invested helps you to be financially free from your early days of retirement. Here we will discuss Where to Invest your Money in your early 20s. The financial situation in the 20 s When you are just graduated and landed on your first job, you will start earning more than you pocket money during your college time. Suddenly there will be a lot of money in your hand, but there arises a situation that you are no more dependent on your parents for your daily needs. Also, this is the period in your life where you would like to buy whatever you see, alongside you would also like to get rich from the money you earn. Well, how to achieve your financial independence while enjoying your 20s?
Have you ever felt, even after endless efforts you keep failing and not sure how to succeed; There are really very few people who keep winning on whatever they step into. Take a look at the below points on how people become more successful in whatever they do.
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1. Desire to CHANGE
It is not that all scientists, doctors, entrepreneurs, or millionaire's become what they are on the next day itself. Everyone had their soul purpose and determination on what they should achieve at the end and why they needed it.
Let us take a look at Elon Musk. A billionaire and the founder of Tesla, Space X, PayPal, the Boring company, Open AI, and Hyperloop. The number of companies he created is not just to earn money, he wanted to try something different and innovate it. When he changed the way we travel with our cars and move to electric cars, he created Tesla.
2. Focus on Education
When you want to be a successful person on something, you should be your Master on whatever you do. You should keep learning, trying something different, and arrive at the solution. By doing this, you become more familiar with your work, it builds your confidence that you can achieve anything you wish to do.
Warren Buffet: fourth richest man and one of the most successful investors in the world, spends at least 5 - 6 hours a day reading 5 newspapers and 500 pages of corporate reports every day. He estimates that he spends 80% of his day reading and thinking in his office.
3. Value of Sleep
Every successful person will have their daily routine about when to start and end their day and what are all the things they need to do for the day. Equal to this, they give more importance to their sleep; If you look at every single successful person they spend at least 7 - 8 hours a day to sleep, which is almost equivalent to their work time;
More simply, the right amount of time sleeping helps to: have more concentration, increase productivity, reduce depression for these reasons they spend equally their time sleeping 🥱😴.
4. Live as simple as possible
Even if they make millions of money, they pretend to live a simple life rather than getting accommodated to a luxury villa with a brand new car. The reason most of the people try to live simple is, they don't want to get distracted by unwanted things. When they become more focused on what they do, they attain their success even before their expectations.
As already said, not everyone becomes a successful person by day one or on their first attempt itself. Everyone in the world fails, but the one who rises back and learns what they did wrong flags their way to success.
The most important thing to be learned from the failure of a successful person: they accept failures and never give up. They try to learn from their mistake and keep trying to not repeat it again. By this, they create the roadmap to their success.
6. Passion leads them more than their work
Every successful person we look around always had a passion for what they do. They try to create innovative ideas, they never stress for working. They do not mind how much hours they work. However, they look at the value they created as an end result. More than spending time on vacation, dinner, or party you would like to spend more time on your passion, you don't make any excuse for that.
The people who are crazy enough to think they can change the world are the ones who do. - Steve Jobs
If you feel like you don't have a passion yet, I personally suggest you try a lot of things that you have never tried out of your lifetime. You probably find yourself interested in something more than your work, start doing it right away, and don't mind what if someone says something. Keep going!
Take a look: Signs of Maturity
Superb dude...👌
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DeleteNice!!!
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DeleteNice Elamaram
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DeleteNice Article!!! Difference between success & failure is a thin line i.e. Approach, Plan & Implementation
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