Realistic Habits to Building Wealth in Your 20s

You might be building wealth WRONG in your 20s. In this 2024 guide, we dive into 8 crucial areas that you need to focus on for true wealth building - and we're not just talking money, but time freedom too. Everyone's path to wealth is unique, and sometimes those 'random' daily habits are what set you up for long-term success.
Want to make sure you're on the right track? This video will cover all the insights and strategies that really matter. In this video, I'll take you through my own wealth-building journey from my 20s and beyond, packed with real, actionable tips. Whether you're just starting out or looking to fine-tune your approach, this is your roadmap to financial and personal freedom. Ready to take control of your wealth-building journey? Let's dive in!
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JUMP TO SECTIONS 📚:
0:00 My money & wealth building journey
0:45 Curiosity & learning
2:22 Networking & social skills
3:52 Manage and leverage debt to build wealth
6:16 Defining wealth goals and motivation
8:23 A better way to measure wealth and freedom
9:15 Tracking & budgeting
11:22 STOP saving money (to make money and build wealth)
14:31 Build multiple income streams
15:12 Lifestyle inflation & delayed gratification
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#personalfinance
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The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
Kevin Yang is not a financial advisor. The ideas mentioned in these videos are for entertainment and education purposes only, not financial advice. Please conduct your own research before making financial decisions.
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[@KevinYang]

Do you have a plan or roadmap to building the wealth you desire? Would love to hear all your tips & tricks on doing so below! 👇

[@tatsumaki9397]

11:26 “saving money is just money waiting to be spent.”

[@MikeMaye]

Interesting vid and good information on executing a proper wealth building plan. great vid Kevin💥

[@KevinYang]

Hey Mike thanks for watching! Definitely a different kind of video, but glad it's still helpful!

[@shirvu]

Loved this! Thanks!

[@KevinYang]

Thanks for the support 😁

[@MontyTheCardNerd]

Super balanced & rational perspective on this topic Kevin, appreciate the video! I'm in my early 30s & am actually just starting to explore other potential (& likely riskier) directions with my career. Hopefully by aligning with the points you made in the video, I'll be alright 😅

[@KevinYang]

Hey Monty, glad you found it helpful! Haha I think once you have some nest egg or a good income, exploring higher risk (but higher reward) opportunities isn't a bad thing! Just gotta know the risks you're taking!

[@abhijitsen7749]

Low cost S&P500 index fund in my Roth IRA.

[@KevinYang]

Can't agree more here! This is really the path for 99% of people!

[@lurnt5763]

would really recommend putting timestamps. I like your content man but for longer form vids you really need to put them

[@KevinYang]

Hey thanks for the support and feedback. noted!

[@lurnt5763]

@@KevinYang all love king

[@KevinYang]

@@lurnt5763 The chapters should be there now!