With each passing decade, the difference between the money owned by rich adults and youngster are growing. But at the same time, India has seen a growing number of young entrepreneurs below the age of 35 to be worth of more than 1000 crores of Indian money. The attitude is to disown the stereotyped way of getting rich gradually; rather be rich while you are young.
Start Saving Early
The habit of saving money should not be initiated after you get a job. Rather saving is a habit one can actually start anytime- from a piggy bank to even a children’s joint account with their parents. The parents need to start talking about the value of money and its proper utilization from a younger age.
Aim To Be An Entrepreneur
From Mark Zuckerberg, the founder of Facebook to Bhavish Agarwal of Ola Cabs in India, the reason for them being rich is because they have all have refused to walk the usual path of being an employee. They had innovative ideas and hence they came to be the richest entrepreneurs.
Gain Knowledge About Money
The understanding and utilization of money have gone a revolutionary change over the decades. Hence from an early life do not let your finances be handled by advisors or your bank. Rather read yourself and try to gain the knowledge about the dynamics of money and its investments.
Have Clear Expectations
It is important to have a definite and clear understanding about what you want out of your life. The expectations also need to be realistic and should be in sync to your own skills and capacities.