Wealth-Building in Your 20s

Being wealthy in your 20s requires a focus on developing the right behaviors rather than merely hitting numeric benchmarks. Key to this is having a solid financial plan and actively pursuing a career aligned with one's studies, as evidenced by statistics showing that 74% of millionaires work in their field of study. Additionally, avoiding consumer debt is crucial, as reliance on credit cards can derail long-term financial goals. Lastly, setting clear financial objectives, such as saving a specific percentage of income, empowers young adults to build capacity for future wealth through compound growth.