The fact that you are thinking about investing into something is great. You are 30 or older or younger, you want to make some money besides working all the time and I wish I would have done some things different. This post can be for someone who is 30 or older or younger. Since you are young, you can more risk than someone that is older and please don’t take what I am saying to heart.
I am not a expert in anything and please your own homework or research before investing in anything. So what are some options for a 30 year old to pick which is a good investment. All I can talk you is what I would do at your age or younger. No one sat me down and explain how to make money, show me how assets work and tell me how to start a business. So let’s talk about some things I would do.
Start a business:
Starting a business is one of the best things that you can do. You can build your business while working full time. Allow your job to fund your business off the ground. I see young complain that they are bored or they be buying things that they don’t need. I would find a job first to get some income coming in to live and pay bills but that job should be funding you side business that will one day take over your job income.
What business should I do? I think this questions hurts a lot of people including me cause it’s so hard to start something that you like and that you can make money from. One thing you can think about is what does the people that you live around need? What business can you do to serve people? What are you do at? What do you want to learn about to master? These are the types of questions you can ask yourself to find out what you like. Building a business takes time but doing this while you are young is the best thing to do. Having a side business is a must these days and even starting a YouTube channel is a business.
One thing that you can do is start an online business. You can just start a blog. With your own blog you can write helpful content for you to help people with their problems. Blogging can be very passive with income if you put in the work. It takes a long time for google to rank you blog post but that is ok cause we are working full time and we are building a side business.
I use bluehost for my hosting for my blogs and if you want to check them out you can click here to learn more. Click here. Even if you don’t want to start a blog, starting your own YouTube now is good. It takes time to build that up to but that ok as well. Starting and running a YouTube channel is free. You don’t have to pay anything for having a YouTube channel, it just takes time but again that’s fine. Start today
This is something I wish I would have done a long time ago. Investing into the stock market is risky but look into dividend paying stocks. Now I can’t tell you how to invest in the stock market, that is something that you have to learn yourself but if you go to YouTube and search Dividend stock King channel which is my stock channel which I explain how I invest in the stock market and how I build passive income.
Dividends stocks is something to look into where juts by owning the stock, that company a dividend. The more shares you own the money you make. My goal is to make $500 per month in passive income. That’s not a lot of money but that money is for paying my light bill, water bill and cell bill.
With my dividends paying those bills for me, the money I would has spent can go somewhere else. If I knew about this years ago I would had invested sooner and by today would have hit my goal of $500 bucks per month. Investing is something you can do while you are 30 years old and you do have time to recover if something bas happens but please do your own research before buying any stock on the stock market.
You can check out my YouTube channel called The dividend Stock King and if stocks is something that you may be interested in use my link for the stocks broker that I use called robinhood you can click here to check them out.
Getting your starter home:
I got my home when I was 24 years old. When I first got this home I should have tried to pay this house off as soon as I can. At 24 if I added more money to the payment, 10 years later I would all most done paying the house off. Just think if I had start a business, started investing into the stock market, build an online business and worked extra hours at my job, 10 years I would be in a better place but I didn’t know what I know now.
Your first home can be something cheap and you can pay off. Your first home for the most part is not your dream home. The things that I listed is not hard to do and the way a framed it makes sense for anyone can do. Not everyone can do what I did, but the younger you are the better chances you have to overcome anything.
All these things are good investments to options to think about in your 30’s and my last piece of advice is put in the work. No one is holding you back from anything that you want to do, so work hard now so your future is easier. I wish I could have done all these things when I was younger but I am doing them now and still young.
They are more thing that you can do but these things in this post can help you start something now and get you thinking about your next step.
If you want to learn how to make money, you can click here to read my blog post about free training: Click Here
