Ramit Sethi, a financial influencer, shares strategies for building wealth in your 20s, 30s, and 40s in a recent YouTube video. He emphasizes the importance of compound interest, where money earns interest over time. Starting early and automating finances can lead to financial success.
In your 30s, Sethi advises committing to a job, knowing your value, and tracking spending. Conscious spending, pursuing raises, and having a solid career are key. By your 40s, optimize your financial strategy by analyzing your decisions and making improvements. Audit investments and spending to maximize income.
While it’s possible to make money at any age, those between 45-54 tend to earn the most on average. Sethi recommends auditing investments and spending to make the most of your income. Taking advantage of efficient spending can lead to financial success.
Read more at Yahoo Finance: How To Skyrocket Your Net Worth in Your 20s, 30s and 40s, According to Ramit Sethi