money in your twenties

How To Make Money In Your Twenties

In your 20’s, you might not be sure what you should be doing with your time. You know that you want and need to make money, but how can you become wealthy and enjoy your life at the same time?

You may want to focus on finding a job that will pay you more money. Maybe you want to focus more on lowering your expenses instead. You could do a combination of both of these things. That way you can make even more money.

If you do want to make money in your 20’s, here are some of the tips that will help you out.

Focusing More on Increasing Your Income

If you put more of your time and energy into increasing your income, you can make more money.

Many people who are in their 20’s will spend so much time focusing on stocks and trying to make a lot on their investments. However, most people in their 20’s, don’t even have enough money to make buying stocks worth it. There are taxes and trading fees that all have to be considered. You might make a couple of hundred dollars every 3 to 6 months or so and that is if you are, in fact, lucky.

Instead of worrying about investing, you should put more of your time and energy into using your skills in areas that will help you make more money. For instance, if you are great with numbers, get a job at an accountant’s office. If you are great with animals, see if you can get a job working for a veterinarian or working at an animal shelter.

Use your skills to help you make money.

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Take Advantage of Opportunities

You have your entire life in front of you and right now you need to gain experience. You might want to figure out what you are passionate about right NOW. However, in your 20’s, this is a great time to take advantage of opportunities. By doing this, you can gain knowledge, learn new skills, and get the money that you need to follow your passions a little later in your life. Who knows? You might just find your passion in life by taking an opportunity that comes your way.

These are the years in your life where you can make more money to use later in your life. For instance, if you can make 25 to 50 grand a year in your 20’s, in the following decades of your life, you can use some of the money that you have saved to follow your passions. You can use that money to set up a more wonderful life for yourself.

If during your 20’s, you take the time to really get to know yourself through following the different opportunities that come your way, you can see what would be better for you later in life. For instance, you may have thought that you would love to work in the legal field, but you take an opportunity in your 20’s to work in an attorney’s office. After some time of doing so, you realize that is not the career path you would like to follow. You have just learned something more about yourself. You can use the information you learned, along with the skills you gained working in that job, to find something even better for yourself.

Working in Niche Subjects

When you think of all the things that you know right now, is there something that you have knowledge about that most people don’t? For instance, do you find that statistics come easily to you? If so, you are in luck. This is a niche that many people avoid because it is so dreadful to them. However, if it is something that you are good at, you can make some good money doing it as a career.

When you learn more in a specific niche and start working in that field, you can make more money on an annual basis, than if you were to do an average job. While many people in their 20’s are still learning what they enjoy doing, if you are already ahead of the game with a niche that most people don’t like, you can increase your income quickly.

You could do more than just take on the job in that niche. In some cases, people may even want to be tutored in that area. For instance, you may find that college students don’t understand statistics, so you can be there to tutor them. Many tutors can make at least $1,000 or more every month.

Take advantage of the niche that you are excellent in. It could be your way to make an astonishing income.

Buying Assets and Avoiding Liabilities

If you want to jump right into making money in your 20’s, you need to start buying assets and avoiding liabilities. What does this mean? Well, assets are going to be something that will have a higher value the longer you keep it. It could also be something that you get money for just by having it. Some examples are websites, real estate, or a business. Liabilities are things that you lose money on such as paying an employee, paying debt, etc.

When you spend money on liability, you won’t get it back. However, when you acquire assets, you will start making money. If you own multiple assets, you will have more income flowing in. Think about all the opportunities that you have in front of you. Try to start determining how you can gain your first asset.

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Don’t Upgrade Your Lifestyle Just Yet

Now, if you are able to make a lot of money (some people in their 20’s make more than $100,000 annually), don’t spend it all. You don’t need to upgrade your lifestyle just yet. No, you don’t need that large, spectacular view apartment or that sport’s car you have dreamed about since you were 10 years old. You can get these things later in life if you desire. For now, though, put them on the back burner, and allow yourself to make more money.

If you can keep your cost of living down for a while (5 to 10 years possibly), then you can become a wealthier person. Some ideas of how to keep your cost of living down include sharing a living space with someone else, driving a less expensive car, and packing your own lunch instead of eating out every day.

By waiting to upgrade your lifestyle, you can boost your net worth in the matter of a couple of years. After doing so, you may be able to buy some of these lifestyle upgrades that you desire upfront, without having to go into debt for them.

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Make Attempt After Attempt

During your 20’s, you need to keep attempting to do great things in your life. This will help you to grow in so many ways. For example, if you don’t hold yourself back by staying in the same position, you could potentially make more money. If you currently have a job that pays $40,000 annually, but you want to increase your income, ask for that raise. If they don’t give it to you, send your resume out to other companies. You may just get that offer that almost doubles your salary.

Don’t sit around and wait for things to happen, because they won’t “just happen”. You can make things happen in your life. You just need to keep attempting to get what you want in your life and in time, you will have it.

If you sit around your entire life being scared that someone will tell you no, then you aren’t going to make it very far. By attempting to get the things that you want in life and continuing to do so, even if you are told no, you won’t have to worry so much. You will bring the life that you want into a clear view and then you can go for it.

It is also important to keep in mind that even if you are rejected or told no about something, that doesn’t reflect on your self-worth. Remember, that you still have your skills and knowledge. Don’t let the rejection pull you down. If you can keep your head up and keep making those attempts, you will keep believing in yourself, and better opportunities will come your way.


The 20’s are amazing years. You have your entire life ahead of you and there is so much that you can do. If your focus right now is being able to make money in your 20’s that is amazing. You have the chance to make more money and keep your expenses at a minimum. By following the tips above, you can increase your net worth and explore the life that you always dreamed of. From partaking in side hustles to grabbing that higher paying job that you applied for, you can increase your income and live a more successful life.

We explain how you can make money, save money and grow money.

Make money: learn how to build wealth and how to earn money from the internet.

Save money: learn how to save money and how to make budget plans.

Grow money: learn how to invest and trade.

Please note that under no circumstances should any information from this blog be used as replacement for professional financial advice.

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