Invest in Yourself in your 20’s
The Alternate Perspective
It’s normal, to be in your 20’s and start to save for your future. Save to set you up for financial stability as you make your way in life. This is what we are constantly encouraged to do but, here’s why the youth of today should think differently.
Think about now!
Invest in yourself. Don’t bother too much about saving!
To anyone in their ’20s, this would come as a really bad piece of advice. Saving for the future is the norm for young adults. Saving for a home, car and a financially stable future is the first thing that comes to mind when we begin to earn an income.
However, it is the first 3 words, ‘Invest in yourself’, that is the most important. The opportunities that are available to millennials these days are endless, and it is much more important that we make the most of the experiences available to us.
Don’t bother too much about saving!
Now, this would seem an easy thing to say, if you are someone who brings home a large pay packet but, what you earn doesn’t have to be the limitation to taking this path.
From 23–24 to 30, the money that you will save, when you make your next jump up in life, all that money you will save in 2 months!
More often than not, with hard work, you will be moving up in life at each stage. Whether that be moving jobs or development in your business.
Saving small amounts of money now may restrict your experiences in life.
It’s having the confidence that life will give you that jump up sooner or later and what you invest in now will help you get that jump up sooner rather than later.
Smart Investments
It’s dependant on individual circumstances in my opinion. Yes, I agree, we should be enjoying our lives rather than saving for the days that we don’t even know we will make. The days when we will have more responsibilities.
The approach has to be balanced. It would be silly to be reckless and spend all that you have just to enjoy your 20’s and invest in developing yourself. If you are in a position where disposable income is at a premium, then think smart about where you will be financially after investing.
How do you find this balance?
I think we have to look at what we are investing in. Does the investment add value? Will it help us develop into a better person, a more valuable asset?
If it does, then I agree we should invest. Whether that be on our health and well-being, a course or travelling. These investments should come first and foremost.
If we can save and enjoy these experiences, then this is a perfect balance but, this would be based on individual circumstances. Some have more disposable income than others. Some have mortgages and bills, that take up most of their income.
It’s a fine balance! But, we can all try and make the most of what we have to self-develop.
In the end, we have to take a look at ourselves and decide what is more important. Saving for the future which is uncertain and unknown, or invest that money in ourselves now, so that we can be a better asset to ourselves and others in the future.
I think we can all try and find that balance in some shape, or form and live life in the present. Take it day by day, invest in yourself.
Invest in your future!
