As you get older, it becomes more difficult to make plans. That’s why; it makes perfect sense to get a head-start, like, say, in your 20s. Keeping that in mind, here are 10 things you must do before you turn 30. Ready? Let’s go.
Tackle your fears
Bungee jump, sky dive, climb a mountain…basically, do something that scares you. It will make you stronger. Do it before you get into your 30s. Before you have more to lose.
Invest in Equity
Research has conclusively proved that investing in equity assets early will help you build an invaluable corpus of funds better over the long term than any other assets like gold or real asset. Take help of a good financial advisor to find what suits you best. Find one you can trust
Travel broadens the mind. You meet so many inspiring people. Travelling alone makes you street smart, efficient, brave, and confident. All of which will prove invaluable as you get older.
Inculcate the savings habit
As you start earning and money plays in hand,, you inculcate all kinds of habits during your 20s. Many are avoidable. Here’s one you can’t afford to avoid: savings. When you don’t have responsibilities, you are tempted to spend more. Contact a good financial advisor early and allow them to guide you in the fine art of living well on a budget. Learn this early, and you will live comfortably ever after.
Move to a new city
Dealing with the new, challenges you. Challenges equip you with useful skills. Moving to a new city is a challenge you should embrace. And since you’re young, if you don’t like it, you can always move back to your comfort zone. But the time spent outside will train you to be comfortable in many more situations than before.
Join a gym
Discovering how strong and how fit you can be is one of the most exhilarating and confidence-boosting things you will do. Plus, if you join a good gym, you’re likely to open yourself up to a whole new world of people and networking opportunities.
Pick up an instrument
Playing music taps into underused regions of your brain and lifts your spirits. Learning how to play a musical instrument early offers you an unimaginable number of cognital and wellness benefits that will prove invaluable for the rest of your life.
Think twice about a home loan
As the Indian investment market matures, a home is not going to be a great investment always. It’s a fixed asset, it’s not liquid, and it’s unpredictable. There are better avenues in your 20s to make your money grow. Explore them with the assistance of an expert.
Learn to cook
There’s always room for improvement in the kitchen. And good reason for it. Cooking is a stress buster, it can enhance your creativity, it can help you take care of yourself, and it can make you desirable. Add to your culinary skills early. You’ll never be sorry
Plan and pay your taxes
Contrary to popular belief, a good financial advisor can show you how planning and paying your taxes on time can prove to be a smart financial investment in the long run. That’s right, an investment that pays rich dividends if you start early, i.e., in your 20s.