7 Money Lessons I wish I knew in my Early 20's
1. Put your money to work
You cannot get rich with your money in a savings account.
You must invest in appreciating assets:
- Real Estate
2. Amount of money retained matters
It is not the amount of money you make, it's the amount of money you keep that matters.
3. Acquire assets
Rich people acquire assets while the poor accumulate liabilities.
Your financial choices will determine your future.
4. You are not born to work for others for a lifetime
This is almost a form of slavery.
You are not here just to work, pay bills, and then die.
You were born for much more than that!
5. Gain financial knowledge
Learn about investing, online business, stocks, taxes, sales, and others.
It will help you to make overall better financial decisions.
6. Winning means not being afraid to lose
Never be afraid to take calculated risks
Those who always play it safe never make big fortunes.
7. Dream big and be ready to work hard
You must be willing to sacrifice a few years of fun for a lifetime
The time is now!