how's it going today guys I hope you're
having a fantastic day and in this video
here we're going to be talking about how
to invest your time in your 20s now this
is actually a follow up video I did from
the other day talking about how to
invest your money in your 20s I was
going to combine these videos but I
wanted them to be separate because I
didn't want to make some kind of crazy
30 or 40 minute video so let's go ahead
and talk in this video here about how
you should be investing your time in
your 20s and I truly believe that how
you spend your time in your 20s is going
to determine whether or not you are
going to be wildly successful with your
life or if you're going to be
unsuccessful and then looking back and
saying boy I wish I had you know been
more effective or been more responsible
of these things are going to sound very
regimented and maybe not very fun and of
course you always have to be doing
things for the sake of enjoyment and for
fun otherwise what's the point of you
know living life this way if you're
gonna just be serious all the time and
you know aiming for success so you do
have to cut back and relax once in a
while but this is how I would recommend
spending your time in your 20s if you
want to set yourself up for success so
as a young person time is your most
abundant and valuable resource a lot of
young people in their 20s do not have a
lot of money but they certainly have a
lot of time on their hands and that is
your number one most valuable resource
that you can be investing for your
future and for your success the first
thing I would recommend doing with your
time is actually taking a step back and
realizing how much time you actually
have one of the most common traits I'm
seeing among young people now is
impatience they want results now if
they're investing their money they want
to make money right now they're not
patient enough to wait for a greater
return on their investment down the road
whether or not patient enough to see the
long sighted vision of investing their
time in some kind of business or some
kind of side hustle and I really want
you to sit down and realize just how
much time you have to achieve what it is
that you are looking to achieve maybe
you want to be driving a Lamborghini
someday maybe you want to have the house
of your dreams well you're gonna have to
be extremely patient and you're going to
have to work very hard for a long time
in order to achieve that but the
good news is you're in your 20s and you
have a massive amount of time ahead of
you to do all this so one of the main
things you need to realize in your 20s
is that you have a massive amount of
time ahead of you and you can accomplish
so much and what I want you to ask
yourself is what can I accomplish this
decade think about that for a second
what could you accomplish in the next
ten years what could I do by the time
I'm 30 so rather than sitting there
thinking about okay how can I you know
invest my time in this business and
start making money next week or next
month maybe you're going to invest a
massive amount of time in some project
you're not gonna make any money for two
or three years but you're gonna really
build something amazing and build
something that's going to you know pay
you for the rest of your life and it's
gonna be an amazing business for
yourself I think about blogging for
example a lot of people say you know I'd
love to start a blog or a YouTube
channel you don't make any money from a
YouTube channel or a blog pretty much in
your first three to six months of doing
it all you're doing is putting in a
massive amount of effort and I don't see
that as a massive investment of your
time but a lot of people would say I'm
not willing to spend three to six months
without making any money but when you
realize how much time you have ahead of
yourself it blows my mind how impatient
young people are in particular so what
happens when you develop patience is
that you end up having a much larger
project or problem appetite you're
willing to solve larger problems because
you're not looking for an immediate
return on your investment or instant
gratification and as a result you take
on larger problems that are going to
have a greater return on investment down
the road and that is one of the number
one skills you have to develop in your
20s is patience slow things down be
patient and understand just how much
time you have there's no rush be patient
and have more of a long sighted vision
in terms of what you are looking to do
the second thing I would do with your
time in your 20s is to read and exercise
daily and this is a no-brainer here you
need to keep your mind up to speed you
need to train your mind and you also
need to keep your body healthy and keep
your body moving so find something that
you enjoy reading read every single day
read a variety of different things even
if it's just ten to thirty minutes a day
make sure you're reading every single
day
and the same thing when it comes to
exercise I'm not saying you have to be
crazy and go out there and run marathons
but keep yourself moving every single
day a lot of people in their 20s are
working a job where they're sitting down
for eight hours a day at their office so
do not wake up sit down in your car sit
down at your office then go home and sit
down on your couch get moving and get
some exercise and spend you know 30 to
60 minutes a day being active in some
way now as far as reading goes this is
something that is very important and it
is one of the things that separates the
leaders from the followers and that is
people who are reading so for an example
here we know Warren Buffett is a wildly
successful investor and he is known for
reading six hundred to a thousand pages
a day and his stance on reading is that
knowledge builds like compound interest
it's like compound knowledge and you
accumulate knowledge over time by
reading every single day now do you need
to be reading a thousand pages a day I
don't think so if you did maybe you're
gonna be the next Warren Buffett but yes
you need to be reading every single day
even if it's just 10 or 30 minutes
before bed or in the morning in my
opinion doing it in the morning is best
that way you get it out of the way and
you start your day off on the right foot
and the other good thing about being
active is that when you go to a fitness
center or you join a fitness club you're
gonna meet a lot of like-minded people
usually the people who are successful
are also successful in other areas of
their life they're successful with their
health they're successful with their
relationships and they're successful
with their businesses and so you're
gonna meet a lot of very interesting and
like-minded motivated people at fitness
centers and at fitness classes and so
it's a great networking opportunity to
join a club of some kind of fitness club
or so for my example I go to a CrossFit
gym and I've met some very interesting
people and made some great connections
and relationships by meeting people who
are taking care of their bodies and care
about their health people are tend to be
well-rounded and they care about all
these areas of their lives and they're
successful in many different ways and
you can network and learn different
things from them and really develop some
great friendships in the process the
third thing I would do with your time is
to document your time so many people
just
through the day they have no idea what
they're doing with their time they go to
bed at the end of the day they wake up
the next day they go over and over like
a hamster in a wheel and they have no
idea where their time goes they have no
idea how they're spending their time and
once in a while they'll have a moment of
consciousness and they'll go wow I
didn't realize it was already halfway
through the month or oh my gosh it's
almost the end of the year where has the
time gone do not be one of those people
that has these realizations and goes oh
my gosh where has the time gone you
don't have to go crazy with this I'm not
saying you have to write down every
single thing you do but I'd recommend
doing one of two things first of all
have a daily routine and have things you
do every single day no matter what maybe
you get up in the morning and you write
down your goals and then you do 30
minutes of exercise and 30 minutes of
reading that would be a great morning
routine right there or maybe at the end
of the day you simply write a couple
sentences down as far as what you did
that day what you accomplished and what
you're looking to accomplish tomorrow
and that way you are keeping track of
your time you're documenting your time
and you're aware of how you're spending
your time and you're not just letting it
fly out the window like most people are
when you document your time you're able
to see how you're spending it and where
it's going and if you're looking to be
more productive you can take some of
those time wasters out of your life and
maybe not be spending an hour a day
watching house of cards or something
like that you'll be able to say okay
rather than do that I'm going to
exercise for half an hour and read for
half an hour and you know be more
effective and productive with my time
forth and finally the fourth thing I
would do with my time in my 20s is
monitor your finances so few people do
this they spend their 20s living
paycheck-to-paycheck and then in their
30s they wake up and they go okay you
know what maybe I should pay attention
to my finances maybe I should save a
little bit of money for the future and
they wasted 10 years of their life where
they could have been saving and could
have been preparing for their future and
the thing is your 20s are your most
important years in terms of investing
and saving if you want to hear more
about this ask any older person what
they regret about their 20s a lot of
them are gonna say I wish I had saved
more money because they learn that
lesson later in life that you have the
greatest compounding return on your
investment from the money
putting away in your 20s so do not be
one of those people that makes the
mistake of ignoring their finances or
their financial help until their 30s or
even their 40s so the main things I
would recommend first of all do not let
your money slip through your fingers
like sand what you simply need to do is
keep track of the money that's going in
and also the money that is going out and
maintain a positive cash flow maintain a
positive cash flow that's going into
your savings account or into your
investing account or maybe you're saving
up for a down payment on a house or for
a car maintain a positive cash flow
actively save money and actively invest
money as well if you're spending too
much money
monitor your spending and figure out
where your money is going the number one
thing I'm getting out here is do not
play dumb with your money don't pretend
it's just falling out of your bank
account like there's a hole in a bucket
and it's just falling out the money is
going somewhere and understand where it
is going if you don't have enough money
at the end of the month keep track of
your inflow and your outflow and
determine your positive or negative cash
flow it's as simple as that maintain a
positive cash flow in your 20s and
monitor your finances and then the fifth
and final thing I would do with your
time in your 20s is to network and meet
other people and expand your circle of
influence and this could be involved
with some entertainment maybe go out to
a bar or to a restaurant and maybe your
goal at the bar is not to get trashed
and have seven beers and forget what
happened with the night but your goal is
to have a drink or to meet some
interesting people and do some
networking you'd be amazed the people
that you can meet when you're in the
right social environment and maybe
you're in a situation where you're not
happy with the people that you're
meeting you just simply have to find a
new environment to be in you what you
have to think about is what type of
people would you like to be meeting and
think about where would these people be
so maybe you're looking to find somebody
for a relationship or a friendship and
you want to find somebody who's creative
well you're probably not going to meet a
creative person at some kind of bar
maybe you'll meet them out of paint and
sip or some kind of painting class so
you got to kind of think about that
think about the people that you'd like
to meet and where they would likely be
spending their time and decide to spend
more of your time there as well but
networking is one of the most important
things you can do in your 20s as well
that
lead to friendships it can lead to
relationships it can lead to awesome
opportunities and so that again is
something I would highly recommend doing
in your 20s is networking and meeting
like-minded people and I'm sure we've
all heard of the whole circle of
influence thing there where you become
the sixth version of the five people you
surround yourself with and so if you
want to be a successful person surround
yourself with who you are looking to
become and you have a damn good chance
of becoming just like those people but
anyways guys that's going to wrap up
this video these are the five ways I
would be spending my time in my 20s let
me know what you think of these in the
comments section below and if you are in
your 30s or your 40s or your 50s and you
have advice for people in their 20s
please share it down in the comment
section below but thank you guys so much
for watching this video I hope you have
a great rest of your day and I will see
you in the next one if you are
interested in learning more about
investing in the stock market I've
created a free course just for you the
link is in the description below here
are a few other videos you might enjoy
as well
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