Everybody wants to get ahead and build wealth, and the best way to start doing this is as soon as you possibly can. The dream home, the sports car, the lavish vacations are well within your reach, you just have to be smart about it now, ladies!
Your 20s and 30s are supposed to be spent figuring things out and having fun along the way, but it’s also prime time for your finances.
The habits you pick up now will absolutely correlate to you getting ahead financially in the future, so here’s how to actually build wealth while you’re young so you can live that life of luxury. Grab your umbrella and get ready to make it rain!
Get A Game Plan
Nobody actually gets anywhere by winging it, especially when it comes to money and finances. You can’t really just bumble along and get rich quick, so get a game plan.
What is your target salary for this year? For next year? For the next five years? How are you going to get there? How much money do you want to see in your bank account when you hit 35? When do you want to retire? These are heavy questions, but you need to figure out what you want and how you can make it happen now! People who think ahead, get ahead.
In Mark McCormack’s book What They Don’t Teach You at Harvard Business School, he points out a study of Harvard Business School grads. The ones who set solid goals for themselves earned TEN TIMES more than their peers who had not 10 years later. That’s a huge difference!