The 6 Pillars to Building Wealth In Your 20s

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  • เผยแพร่เมื่อ 23 พ.ย. 2024

ความคิดเห็น • 86

  • @adequatequality
    @adequatequality ปีที่แล้ว +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 11 หลายเดือนก่อน

      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 ปีที่แล้ว +121

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

  • @elliothartleyuk
    @elliothartleyuk ปีที่แล้ว +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

  • @nathananderson8720
    @nathananderson8720 10 หลายเดือนก่อน +2

    This is one of the channels that gave me the courage to start my TH-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.

  • @jacobmoney
    @jacobmoney ปีที่แล้ว +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.

  • @TransformChantel
    @TransformChantel ปีที่แล้ว

    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!

  • @AhmedEhab6868
    @AhmedEhab6868 ปีที่แล้ว +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 ปีที่แล้ว +2

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

  • @unwrittentemplate6165
    @unwrittentemplate6165 ปีที่แล้ว +5

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

  • @kruzedarling9347
    @kruzedarling9347 ปีที่แล้ว +3

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

  • @EM3Finance
    @EM3Finance ปีที่แล้ว +119

    It's never Too Late

    • @kostasgoggakhs617
      @kostasgoggakhs617 ปีที่แล้ว +8

      Im 92 years Old thanks for Motivation🙏

    • @rohandotel674
      @rohandotel674 ปีที่แล้ว

      😂😂😂

    • @sanjinsegan3720
      @sanjinsegan3720 ปีที่แล้ว

      ​@@kostasgoggakhs617you have time mate you are young relax

    • @pranjaljagtap8398
      @pranjaljagtap8398 9 หลายเดือนก่อน

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

  • @rebeccarice2650
    @rebeccarice2650 10 หลายเดือนก่อน

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

  • @foodmens
    @foodmens ปีที่แล้ว +2

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

  • @Eric.Gasser
    @Eric.Gasser ปีที่แล้ว

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

  • @sadafrahmanrudhan6792
    @sadafrahmanrudhan6792 ปีที่แล้ว

    Your videos always inspire me.
    Thanks for sharing

  • @cm6107
    @cm6107 ปีที่แล้ว

    Love the video man! Thanks!

  • @AdrianHylka
    @AdrianHylka ปีที่แล้ว +7

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

  • @jamesharrison527
    @jamesharrison527 ปีที่แล้ว +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!

  • @muthukumaranc
    @muthukumaranc ปีที่แล้ว +3

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

  • @knwnzain
    @knwnzain ปีที่แล้ว

    Thank you Oliur!

  • @A-Better-Version-Of-Myself
    @A-Better-Version-Of-Myself ปีที่แล้ว

    Great video! Thanks for sharing!

  • @angelicastaszewska4632
    @angelicastaszewska4632 ปีที่แล้ว +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

  • @jorgevillarreal2245
    @jorgevillarreal2245 ปีที่แล้ว

    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 ?

  • @michaeljolivier
    @michaeljolivier ปีที่แล้ว

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

  • @EnriqueFormoso
    @EnriqueFormoso ปีที่แล้ว +3

    Can you do one for your 30s? 😔

    • @ezechieltahapary1038
      @ezechieltahapary1038 ปีที่แล้ว

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

  • @RealGFastlaner
    @RealGFastlaner ปีที่แล้ว +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.

  • @snezhanafiuortt9859
    @snezhanafiuortt9859 ปีที่แล้ว

    amazing video! 🙌

  • @ultimateproductivity5141
    @ultimateproductivity5141 11 หลายเดือนก่อน

    Great stuff

  • @h4k2t
    @h4k2t ปีที่แล้ว

    Music please? Love the background music

  • @Astendor
    @Astendor ปีที่แล้ว +5

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

  • @philipfavour6792
    @philipfavour6792 ปีที่แล้ว

    Beautiful.

  • @Setitalight
    @Setitalight ปีที่แล้ว +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 ปีที่แล้ว

      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 ปีที่แล้ว

      @@liasoliveira727 thank you so much 🤜🏾

  • @UnknownSageMaster
    @UnknownSageMaster ปีที่แล้ว +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.

  • @abdikadirQulle
    @abdikadirQulle ปีที่แล้ว

    Thanks

  • @EmphaticTrain
    @EmphaticTrain ปีที่แล้ว

    amazing video

  • @novaia2643
    @novaia2643 ปีที่แล้ว

    music too loud

  • @emerycrafting
    @emerycrafting ปีที่แล้ว +2

    12:37 This is absolute truth😢

  • @krzysztoffolta4823
    @krzysztoffolta4823 ปีที่แล้ว +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.

  • @readiologymalaysia
    @readiologymalaysia ปีที่แล้ว

    I wonder what mic is oliur using, anyone?

  • @mohdjibly6184
    @mohdjibly6184 ปีที่แล้ว

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

  • @JorellB488
    @JorellB488 ปีที่แล้ว +3

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

  • @sprucepresidente8441
    @sprucepresidente8441 ปีที่แล้ว

    Awesome

  • @DeeJayPuffy
    @DeeJayPuffy ปีที่แล้ว

    Great advice Oli! Will definitely share with my siblings!

  • @caedmoncollier501
    @caedmoncollier501 ปีที่แล้ว +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.

  • @bigunhettiarachchi853
    @bigunhettiarachchi853 ปีที่แล้ว

    Mmm
    That’s interesting 😊❤

  • @suri4Musiq
    @suri4Musiq ปีที่แล้ว +1

    Love your videos❤

  • @Historyteacheraz
    @Historyteacheraz 11 หลายเดือนก่อน +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.

  • @NocturnalAce
    @NocturnalAce ปีที่แล้ว +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.

  • @rehufgoerhwfr
    @rehufgoerhwfr ปีที่แล้ว +1

    straight to the point love it!

  • @Jsonville9
    @Jsonville9 ปีที่แล้ว +1

    Quality of your videos is always phenomenal!

  • @Bluelight44
    @Bluelight44 ปีที่แล้ว +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 ❤

  • @ameseseboateng
    @ameseseboateng ปีที่แล้ว +1

    1st point is the best point. Thank you Oliur

  • @heinzbotha789
    @heinzbotha789 ปีที่แล้ว +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 ปีที่แล้ว

      In your case, BTC

    • @Not0rious7
      @Not0rious7 ปีที่แล้ว

      @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

  • @Jarvis2077
    @Jarvis2077 ปีที่แล้ว +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.

  • @spencerstock1936
    @spencerstock1936 ปีที่แล้ว

    am.40 too late hate myself for it

    • @TVChinks
      @TVChinks ปีที่แล้ว +2

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

    • @spencerstock1936
      @spencerstock1936 ปีที่แล้ว

      @@TVChinks but how

    • @onsitehistory228
      @onsitehistory228 ปีที่แล้ว

      @@spencerstock1936get onto vanguard and possibly invest there?

  • @solainarewayzone4095
    @solainarewayzone4095 ปีที่แล้ว +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 ปีที่แล้ว

      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 ปีที่แล้ว

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

  • @emerycrafting
    @emerycrafting ปีที่แล้ว

    🔥

  • @Greeaf69
    @Greeaf69 ปีที่แล้ว

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

  • @ShamSham-mp7zl
    @ShamSham-mp7zl ปีที่แล้ว

    ❤❤❤

  • @313_Sherry
    @313_Sherry 9 หลายเดือนก่อน

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

  • @ylmzko
    @ylmzko ปีที่แล้ว

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

  • @joshduce
    @joshduce ปีที่แล้ว +1

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

  • @hamzakharal8276
    @hamzakharal8276 ปีที่แล้ว +1

  • @ozzysht
    @ozzysht ปีที่แล้ว

    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

  • @Jmetoyer
    @Jmetoyer ปีที่แล้ว

    Gratitude brethren 🤲🧎