The 6 Pillars to Building Wealth In Your 20s

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  • Опубліковано 20 вер 2024

КОМЕНТАРІ • 86

  • @adequatequality
    @adequatequality 10 місяців тому +67

    Guys, I know they normally say the 20s is the time to build wealth, but it's important not to get discouraged if you're older and not where you want to be because you have many many decades left to live. It's never too late to start. The worst feeling in the world is being 5 years down the line and regretting not starting 5 years ago. That thought does not disappear after your 20s. Take that risk, register for those classes, and dare to be a learner.

    • @jarrenaudette171
      @jarrenaudette171 9 місяців тому

      I’m 33 but even barely not being in my 20’s I felt super discouraged. Thank you for that. This is what I preach, now it’s time for me to practice what I preach to my family.

  • @davidhuang8772
    @davidhuang8772 11 місяців тому +121

    1) Building High Income Skill.
    2) Investing.
    3) Handling Lifestyle Creep.
    4) Calculated Risk.
    5) Multiple Income Streams.
    6) Skill Diversification.

  • @elliothartleyuk
    @elliothartleyuk 11 місяців тому +77

    Building wealth in your 20s
    - Build High Income Skills
    - Invest in yourself - Learn new skills and protect your health
    - Invest in assets - stocks, bonds, real estate, etc. Compound Interest.
    - 70/20/10 rule
    - Multiple Income Streams
    - Valuing Time - Avoid distractions

  • @jacobmoney
    @jacobmoney 10 місяців тому +4

    Thanks for being so transparent. I'm only finding out today you had cancer when you were a bit younger...But I am now seeing a very strong, independent, hard working yet calm and laidback (in a very good way) kind of person. Keep on doing what you're doing, because you're doing an outstanding job. Im learning a lot from you. Thank you so much.

  • @nathananderson8720
    @nathananderson8720 8 місяців тому +1

    This is one of the channels that gave me the courage to start my UA-cam channel 10 months ago about self development. Now I have 1,866 subs and > 2k hours of watch time. I know it’s not comparable with others but I’m still proud I started because I’ve been learning so many lessons that I could haven’t learned without getting started in the 1st place.

  • @TransformChantel
    @TransformChantel 10 місяців тому

    The algorithm led me to you.... I was most shocked that you had a cancer. Just shocked! It really hit me and the gratitude that hit me over. A heartfelt thank you!

  • @EM3Finance
    @EM3Finance 11 місяців тому +119

    It's never Too Late

    • @kostasgoggakhs617
      @kostasgoggakhs617 10 місяців тому +8

      Im 92 years Old thanks for Motivation🙏

    • @rohandotel674
      @rohandotel674 10 місяців тому

      😂😂😂

    • @sanjinsegan3720
      @sanjinsegan3720 10 місяців тому

      ​@@kostasgoggakhs617you have time mate you are young relax

    • @pranjaljagtap8398
      @pranjaljagtap8398 7 місяців тому

      Yes, i’m 98 at my death bed, still not too late , let’s go

  • @AhmedEhab6868
    @AhmedEhab6868 10 місяців тому +2

    Great video Oliur! I specially loved how towards the end of the video the background music intensified with how perfect your voice tone was, I felt that you were speaking into my soul. Great work man!

  • @GyanPrakash
    @GyanPrakash 10 місяців тому +2

    An EYE OPENING video for the current Generation. Thanks for sharing.

  • @unwrittentemplate6165
    @unwrittentemplate6165 10 місяців тому +5

    You are down to earth, keep it up. This is quality with no bs

  • @caedmoncollier501
    @caedmoncollier501 11 місяців тому +20

    🎯 Key Takeaways for quick navigation:
    00:29 📚 Focus on building high-income skills in your 20s, as it's a time to learn and take risks.
    03:22 💰 Invest in yourself by learning new skills and investing in assets like stocks and real estate for long-term wealth.
    12:49 💸 Beware of lifestyle creep and focus on saving and investing before increasing your spending.
    13:48 🚀 Take calculated risks in your 20s, such as starting a business or pursuing a career with growth potential.
    15:48 💼 Embrace multiple income streams to achieve financial stability and skill diversification.
    19:18 ⏳ Recognize the value of time, find balance in work and leisure, and appreciate the importance of experiences and personal growth.

  • @RealGFastlaner
    @RealGFastlaner 10 місяців тому +1

    You should consider inflation because 760,000 in 30 years considering a inflation of 3% a year will be worth 304K now. Not many multi-millionaires have their whole life-style dependent on the market.

  • @angelicastaszewska4632
    @angelicastaszewska4632 10 місяців тому +1

    Be aware that you should adjust your future expected investment to inflation, thus the real value will be lower than the expected future earning

  • @kruzedarling9347
    @kruzedarling9347 11 місяців тому +3

    What are some good high income skills to learn? I want to get out of my serving job.

  • @jamesharrison527
    @jamesharrison527 11 місяців тому +4

    I find it so satisfying when I add to my Trading 212 account. I can’t wait to see how much I have in there in 5-10 years, let alone 30! Great video as always!

  • @rebeccarice2650
    @rebeccarice2650 8 місяців тому

    This video is amazing. Thank you for these wonderful tips.

  • @muthukumaranc
    @muthukumaranc 11 місяців тому +3

    Thank you Oliur for making such valuable videos. I'd love more videos like this.

  • @foodmens
    @foodmens 11 місяців тому +2

    Do one for 30s to set up for 40s please

  • @sadafrahmanrudhan6792
    @sadafrahmanrudhan6792 10 місяців тому

    Your videos always inspire me.
    Thanks for sharing

  • @UnknownSageMaster
    @UnknownSageMaster 11 місяців тому +2

    The laptop is an example of all 3: Can make you money, long term value in happiness/satisfaction, and it will provide a simpler workflow/simplify your life.

  • @cm6107
    @cm6107 10 місяців тому

    Love the video man! Thanks!

  • @AdrianHylka
    @AdrianHylka 11 місяців тому +7

    Love this balance that everyone can implement in their life's.

  • @Eric.Gasser
    @Eric.Gasser 10 місяців тому

    please make a video on what stocks you invest in and why

  • @NocturnalAce
    @NocturnalAce 11 місяців тому +7

    You nailed it! It simply doesn't make sense to waste money trying to impress other people.
    Like who am I trying to impress when I'm out buying expensive clothes or a trendy new watch when I can barely make a living being an underpaid wage slave?
    Am I trying to impress other poor people? What's the point of trying to put on a front when it's only going to inevitably hinder my progress?
    It makes no sense.
    A lot of people realize this concept way too late after they've spent their life earnings trying to impress people that they don't like and/or that don't care about them at all.
    Such is today's society.

  • @zainliftstheworld
    @zainliftstheworld 11 місяців тому

    Thank you Oliur!

  • @jorgevillarreal2245
    @jorgevillarreal2245 10 місяців тому

    Let me ask you this question: 30 years ago, how much money was $100,000 USD? Now project that for the next 30 years, things don’t look as straight forward as that right ?

  • @A-Better-Version-Of-Myself
    @A-Better-Version-Of-Myself 11 місяців тому

    Great video! Thanks for sharing!

  • @Setitalight
    @Setitalight 11 місяців тому +2

    Appreciate this man, suuuper valuable. Moving onto more video editing for work and I’m reaaaaally digging your editing style.
    May I ask where you get your video elements from? Like the little overlay animation you used for the A to B? Or do you make them yourself?
    Any help appreciated man
    Thank you either way, you’re a G!

    • @liasoliveira727
      @liasoliveira727 11 місяців тому

      0:13 I think that’s a brush pack for premiere pro from envato elements.
      He‘s using multiple versions of it throughout the video

    • @Setitalight
      @Setitalight 11 місяців тому

      @@liasoliveira727 thank you so much 🤜🏾

  • @michaeljolivier
    @michaeljolivier 10 місяців тому

    just fell for lifestyle creep now I am wishing I came across this video a week ago

  • @JorellB488
    @JorellB488 11 місяців тому +3

    Hi Oliur, your super inspirational man. I'm hoping to reach your level someday! Your channel growth is super incredible!

  • @macb.3t
    @macb.3t 10 місяців тому

    Music please? Love the background music

  • @Astendor
    @Astendor 11 місяців тому +5

    Please make a video about discipline and how you handled it in the early stages 🙏🏼

  • @snezhanafiuortt9859
    @snezhanafiuortt9859 11 місяців тому

    amazing video! 🙌

  • @Historyteacheraz
    @Historyteacheraz 9 місяців тому +1

    Great video! The best way to build wealth is to start investing at a young age. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great investing book for teens.

  • @krzysztoffolta4823
    @krzysztoffolta4823 11 місяців тому +4

    Great video! A video like talking and comparing stocks, bonds and guilts, ETFs, etc would be good, also maybe a whats in my wallet and different cards and accounts you have and their perks.

  • @philipfavour6792
    @philipfavour6792 10 місяців тому

    Beautiful.

  • @abdikadirQulle
    @abdikadirQulle 10 місяців тому

    Thanks

  • @ultimateproductivity5141
    @ultimateproductivity5141 9 місяців тому

    Great stuff

  • @emerycrafting
    @emerycrafting 11 місяців тому +2

    12:37 This is absolute truth😢

  • @EnriqueFormoso
    @EnriqueFormoso 11 місяців тому +3

    Can you do one for your 30s? 😔

    • @ezechieltahapary1038
      @ezechieltahapary1038 11 місяців тому

      Could be the same, but everything goes slower because of responsibilitys.

  • @Bluelight44
    @Bluelight44 11 місяців тому +2

    The Time part, I feel like you were speaking to me. Thank you for this video, I needed clarity on something and I think you have helped me with that ❤

  • @DeeJayPuffy
    @DeeJayPuffy 11 місяців тому

    Great advice Oli! Will definitely share with my siblings!

  • @EmphaticTrain
    @EmphaticTrain 10 місяців тому

    amazing video

  • @Jason-iv8ju
    @Jason-iv8ju 11 місяців тому +1

    Quality of your videos is always phenomenal!

  • @mohdjibly6184
    @mohdjibly6184 11 місяців тому

    This is very great advice...thanks Oliur ...I wish if I could turn back the time :)

  • @novaia2643
    @novaia2643 10 місяців тому

    music too loud

  • @Jarvis2077
    @Jarvis2077 11 місяців тому +1

    Thanks for this videos as someong in his 20s who is worried about creating a financially fufuling future I'll use this as a guide.

  • @sprucepresidente8441
    @sprucepresidente8441 10 місяців тому

    Awesome

  • @ameseseboateng
    @ameseseboateng 11 місяців тому +1

    1st point is the best point. Thank you Oliur

  • @bigunhettiarachchi853
    @bigunhettiarachchi853 11 місяців тому

    Mmm
    That’s interesting 😊❤

  • @heinzbotha789
    @heinzbotha789 11 місяців тому +3

    Hi Oliur, I'm 18 years old, living in a 3rd world country. I work in solar sales, which has generated quite a bit of cash flow. If you were in my shoes right now, what would you invest in?
    Love the content BTW, keep inspiring others!

    • @Not0rious7
      @Not0rious7 11 місяців тому

      In your case, BTC

    • @Not0rious7
      @Not0rious7 11 місяців тому

      @Joseph-ke3xc They live in a 3rd world country. At the age of 18 whatever stocks or bonds you have access to will not amount to the rate of inflation. Either use that money to build a business or buy Bitcoin. Not any cryptocurrency, only bitcoin

  • @rehufgoerhwfr
    @rehufgoerhwfr 11 місяців тому +1

    straight to the point love it!

  • @ShamSham-mp7zl
    @ShamSham-mp7zl 10 місяців тому

    ❤❤❤

  • @blondebucks
    @blondebucks 11 місяців тому

    I wonder what mic is oliur using, anyone?

  • @Pleasekillme12369
    @Pleasekillme12369 11 місяців тому

    started building my investments when i was 18 lucky for me.

  • @emerycrafting
    @emerycrafting 11 місяців тому

    🔥

  • @suri4Musiq
    @suri4Musiq 11 місяців тому +1

    Love your videos❤

  • @313_Sherry
    @313_Sherry 7 місяців тому

    Well Andrew tate did it in his 30s ofcourse it's never too late.

  • @spencerstock1936
    @spencerstock1936 11 місяців тому

    am.40 too late hate myself for it

    • @Haadeee100
      @Haadeee100 11 місяців тому +2

      Start now, you'll thank yourself when 60! No time like the present

    • @spencerstock1936
      @spencerstock1936 11 місяців тому

      @@Haadeee100 but how

    • @onsitehistory228
      @onsitehistory228 11 місяців тому

      @@spencerstock1936get onto vanguard and possibly invest there?

  • @solainarewayzone4095
    @solainarewayzone4095 11 місяців тому +2

    Step 1. Be born in a rich nepotistic family
    Step 2. Profit and become a billionaire
    In all serious thought, your fucked and learning skills wont ever help you due to the increasing automation field. The reason why rich people always come from rich familys is they have a headstart u will never be able to make up for. So you got two options as a gen Z person from a poor background. Wage slave or suicide and im picking the big sleep

    • @donaldlyons17
      @donaldlyons17 11 місяців тому

      Notice no one seems to ever suggest luck plays a role in outcomes either. I might be stupid but seems crazy these people don't talk about the cost.....

    • @fathershandstudios
      @fathershandstudios 11 місяців тому

      Stay poor Lil nigga, educate not only your knowledge, but your mentality from Victim hood

  • @ylmzko
    @ylmzko 11 місяців тому

    bruh, are you heard of thing named "inflation"?

  • @joshduce
    @joshduce 11 місяців тому +1

    Earn more money = Level up your knowledge and in turn increase the value you can provide people.

  • @ozzysht
    @ozzysht 10 місяців тому

    Make a video how a poor 20 y/o guy can make some money. I'm not saying a lot of money just can afford his living.
    A poor guy can't invest he don't have computer or smth

  • @hamzakharal8276
    @hamzakharal8276 11 місяців тому +1

  • @blckgenius
    @blckgenius 11 місяців тому

    Gratitude brethren 🤲🧎