Things To Invest In, In Your 20s
Your 20s can be a strange decade because it felt like only yesterday you were having fun in secondary school with your mates and not having a worry in the world. But now, you’re being made to deal with adult decisions and all the growing pains, even though you’re yet to discover yourself as an individual and learn the ways of life outside of your parents’ home.
Whether you’re in your early, mid, or late twenties, realize you’re currently in one of the most advantageous phases of your life where you can make formative investments into yourself, career, and life generally and it’s important to know how not to squander your 20s. Here’s how.
Invest in yourself. Personal development is no joke; and as an adult, nobody chases you to do your homework, read, etc. It is a conscious effort that has to be made if you’re serious about achieving the big goals you have. It could be a language, new skill, sport, etc. Read books, listen to podcasts, attend conferences, watch tutorial videos, take courses online and offline (free and paid) and watch yourself evolve into a better version.
**Bonus point: People find knowledgeable folks attractive 😉
Invest in your wardrobe. There’s only one thing fast fashion will do to your finances – blow it fast! Trends come and go, but a durable and classic wardrobe remains forever. Think basic yet classic like denim (without the rip), t-shirts, shirts, pants/skirts in neutral colours. Think long-term when you go shopping.
**Bonus point: Well-dressed people tend to leave a lasting impression.
Invest in your appearance. Clothing makes up just a fraction of your appearance. You have to intentionally take care of your skin, nails, hair, teeth, etc. Use a good moisturizer, sunscreen, lip balms, deodorants, etc. to look and smell good. So also, as your oral health. Brush twice daily, swish with mouthwash, floss, and scrape out any excess bacteria with a tongue scraper. Lastly, keep your hair groomed, beards neat and fingernails trimmed/manicured
**Bonus point: A good physical appearance is an all-time confidence booster
Invest in valuable friendships. You’ve probably heard people say “20 friends can not play together for 20 years”. As a young professional, you have to build your network by surrounding yourself with people who have similar goals and work ethics. This means meeting new people by attending networking events, sending cold messages on LinkedIn, or even taking people you’ll like to learn from out for coffee, etc.
Bonus point: People with good social capital move up the corporate/entrepreneurial ladder quickly.
Invest in your finances. Do you know what’s really juicy about saving in your twenties? Compounding interest! Imagine you invest N50,000 monthly at age 20 and invest it continually throughout your twenties in an account where you get 10% returns, that means after a 10-year span, you’ll have a significant amount of money in your hands and the best way to achieve this is to start investing as early as possible because the longer your money is invested, the more compound interest works in your favour.
Be sure to look out for the second part of this topic and if you liked this, kindly comment and share it with your friends
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