How can I get rich before 26?

in #education8 years ago

Start by learning as as much as you can about multiple subjects including: self-improvement, psychology, communication, sales, leadership, marketing, design, computer science, business, and money.

Live within your means. If you make $2000 per month, live on half that. Don’t take on debt unless someone else is paying it for you (ie, rental income).

Take risks. Don’t be afraid to stick your neck out. Some times you’ll fail, sometimes you’ll succeed. Knowledge will help mitigate the biggest losses.

Invest. Every dollar you spend should pay you more in the future, whether it’s a stock/blond (disclosure: I am not a financial planner or adviser), a book that educates you, or even healthy food.

Create businesses. They don’t have to be big. They can be something as simple as a drop shipping business, or selling vintage dresses on eBay. If you’ve got a full time job, do it as a side gig.

Don’t make waste. Find ways to use and reuse anything you create. For example, if you answer questions on Quora, then make sure to reuse the material in a blog or a chapter in an eBook you’re writing (or both).

Finally, be cool. The world’s nuts. And having a cool head will always put you in a better position than 99% of your competition. Reading helps with that, too.

Good luck!