6 Ways To Make The Most Of Being Single In Your 20s
Don’t Go To College
First, don’t go to college. College is a debt trap. College is an excuse to get involved in the hook-up culture. It is also a way to get introduced to excess and binge drinking. Both do not help you to develop your skills which are the most critical thing to begin to develop in your twenties. College does not teach you any hard skills you need to become employable. You are also delaying making money by at least four years. Don’t go to college. There are better ways to use your time than going to college in your twenties.
Learn Hard Skills
Second, focus on learning hard skills that will make you valuable in the job market. Hard skills matter most. Soft skills are the icing on the cake. You can learn a trade. You could become an electrician. You could become a plumber. You could learn about construction and building houses. You could learn tech-related skills. You could learn computer programming. You could learn data analytics. You could learn about machine learning and artificial intelligence. You could learn about websites. You could learn business skills. You could learn how to run your own business. You can learn how to manage and delegate tasks to people. You can learn how to make physical and digital products to sell. You can learn digital marketing to reach and market to your target audience. An online business will allow you to work from anywhere in the world, and you can find creative ways to create new revenue streams. The bottom line is that hard skills are what you must learn in your twenties to begin making money as soon as possible.
Knowledge is not power. Applied knowledge is power.
Work
Third, work a part-time or full-time job and save at least 10% of your income. You could also follow the 50.3020 budget and save 20% of your income. You want to begin to make money as soon as possible so you can begin to save money. You want to start to build your FU Treasure Chest. Aim to have around $25,000 in your FU Treasure Chest at a minimum. You want to have enough money to cover in case an emergency happens or if something else arises around employment, you may get fired and be unable to find another job. You want to have enough money to cover your expenses for at least a year. Once you have built it enough, you can begin investing in other areas, such as the stock market, cryptocurrency, real estate, or starting your own business. You want to build up your net worth as soon as possible. College delays your ability to make money, and in many cases, people go into debt for college, which is the opposite of what you want to do in your twenties. You want to make money and prepare yourself by building wealth in your twenties.
Travel
Fourth, travel and see the world as much as possible. You can travel to another country. But you don’t need to travel around the world. You can also get out of where you grew up. This could mean going to visit a nearby city or state. You could also go to a different restaurant, bar, or lounge to meet people and talk and learn from others. Travel helps you to gain valuable life experiences.
Don’t Focus On Romantic Relationships
Fifth, don’t focus on romantic relationships. Instead of finding someone to date, you can learn hard skills. You could learn trade skills. You could learn tech skills. You could learn business skills. You can work on your self-development by focusing on your health by going to the gym, mastering skills, and finding ways to make yourself valuable in your twenties. Instead, spend your time focusing on yourself by constantly finding ways to learn new skills. Always be learning new things. Focus on yourself, not on dating in your twenties.
Learn About Investing
Sixth, learn about investing. You can learn to invest to start making your money work for you. You can learn about the different types of stocks. There are dividend stocks that pay a dividend, so you can begin to make passive income. Some stocks don’t pay dividends that could increase in value more than dividend stocks, so you make money on your investment. You can choose your investment strategy. You can decide how you want to build your stock portfolio. The traditional portfolio is sixty percent stocks and forty percent bonds. Another portfolio option is called the Dragon Portfolio. The Dragon Portfolio is more sophisticated because it includes equity-linked, fixed-income, gold, long volatility, and commodity trend. You can learn about the different types of stocks and choose your investment strategy. You can also invest in real estate, cryptocurrency, or by starting your own business. Use your twenties to start to build wealth.
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