I need your advice!
If you could provide one piece of advice to a mid 20s individual who is advancing quickly in a career, what would it be?
This can be life advice, finance advice, or any advice that you believe would be beneficial. Comment below.
Hmmm I’ll give it a shot:
Life is complicated and no one really knows what the hell is going on . Some people will know a bit more some a bit less but at the end no one knows everything. Not your boss, not your SO, not your parents, not your mentor.
I think this helps staying sane when you feel like you don’t know what you are doing as a young individual (doesn’t mean you don’t listen to others advices)
I have seen and spoken to many people be it rich or poor happy or unhappy
this theme is always in common
- Take advantage of any compensation the company offers (401k match, vacation time, HSA, etc).
- Think about your future life and how you want to spend your time. Will the continuing progression affect your ability to be present with future family.
These are two things that have really helped me financially and directionally in my career
Career advice - Create optionality for yourself. Even if you start with something small, I think you'll be amazed at how it can snowball over time.
Life advice - Do your best to be open-minded and to appreciate / understand other people's perspectives, life experiences, etc. As Munger says, avoid extreme ideologies (“it cabbages up the mind").
Final thing - Have fun! It turns out that you can buy a coffee for $5 from time to time and STILL manage to save enough over time to live a very comfortable and enjoyable life :)