Young Upstarts

All about entrepreneurship, intrapreneurship, ideas, innovation, and small business.

Three Of The Best Ways To Invest When You’re In Your 20s

Though you may only be in your twenties or thirties, there still may be some things that you would go back and do if you had the chance to go in a time machine. From changing something that happened in history to just going back a few years to re-do something, there may be plenty of different things that you might want to change. But really, one of the biggest things that you might want to go back and do is to give advice to yourself, especially when it comes to how you spend your time and your money.

Think about it, imagine if you’d invested some money in Google on the day it launched, or had a slice of Facebook’s financial pie? There are probably a lot of things that you may go back and tell yourselves and possibly change. The thing is, we don’t have the power to go back in time to change things. We can only go forward and move on, learning from the things we either did or didn’t do in the past.

One of the things that could be a problem is that you know you want to change things, but you don’t know the best way to do it. You might want to help your future by ensuring that it is secure and that you have your finances sorted. But when you’re young and in your twenties, what are the best ways to go about it? Here are some ideas to help you.

Invest To Eliminate Debt.

If you’ve got some debt at the moment, and you’re young, then the first thing that you need to be thinking about, in order to have a financially sound future, is to get rid of your debt. You will never be able to full invest in you or your future, if you have financial commitments to pay money back each month. It can really stop you from progressing in a number of ways. So being able to stay on top of it, and make the amount of debt you have decrease and never rise, can make a massive difference to your future.

It can help to write down what you owe, so that you can figure out what you need to do to make sure that it is all paid back as soon as possible. If there is anything left over each month, then investing your money to make more money can be a good way to clear our debt faster. You need to make a plan, though, otherwise it is not going to happen.

Invest Early.

If you speak to older people in their retirement years, then it would be interesting to hear their thoughts on investing money, especially at an earlier age? Do you think there will be many of them that wished they had invested more in their twenties? And to be fair, you could see why it may be something that crosses their mind. Investing can be one of the single most important things that you can do to secure your financial future. The stock market, for over a hundred years has shown us that when you invest in the right things, it does pay out well. So it is never too early to invest (or never too late if you’re over your twenties and reading this).

If you’re not too sure where to start then you could get advice from a friend, or even through a site like Algo Terminal, as the full cycle of trading can be covered, including strategy development, backtesting, optimization and live trading. The key is not to leap into anything without knowing enough about it; then it won’t be a good thing for your future.

Invest For Big Purchases.

Your twenties is a time where you might be looking for things that can help you to prepare for the future. Things like buying a car or a house are likely to be on the top of your list of things to do. And you could look to put a certain amount of money away each month in order to save for things like that. But it is proven time and time again that investments are likely to give you a much higher return than standard bank accounts or savings accounts would. So look at what the best things for you to do will be. Is it a case of automating the money and have t leave your bank automatically, so that it is out of sight and out of mind? Or would you rather look into things like to stock market to help you? Make a plan and it will mean you’re much more likely to succeed.


Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.

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