how to make $100,000 a year in your 20s

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HOW TO MAKE $100,000 A YEAR IN YOUR 20S

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Page 1: How to Make $100,000 a Year in Your 20s

HOW TO MAKE $100,000 A YEAR IN YOUR 20S

Page 2: How to Make $100,000 a Year in Your 20s

STEP 1 – FIND A JOB, ANY JOB

A Paycheck: No matter what you’re doing, you need money. It allows you to save money for bigger plansA Sense of Identity: By having a job, you learn not only new and different skills, and principles you need to apply in your day to day life Learning New Skills: One of the main benefits of having a job is that it helps you grow and acquire new skills Meeting New People: You need to meet new people and build relationships that could help you chase your dreams Meaning & Purpose: No job in the world is without sense. It’s a valuable experience that might shape your life vision and goals

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Page 3: How to Make $100,000 a Year in Your 20s

STEP 2 – FIND THE DIVISIONS IN YOUR CURRENT COMPANY THAT PAY THE MOST

 You may enter a company in a junior position, but as your skills and experience improve, you should aim higherIt is well known that some divisions pay better than othersSo, keep your eyes out for job openings in your company and let your manager know you are interested in themSwitching to a more profitable division is one of the easiest ways to increase your salary

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Page 4: How to Make $100,000 a Year in Your 20s

STEP 3 – WHILE YOU HAVE A JOB, SEARCH FOR ANOTHER JOB

On the contrary, if you quit your current job before getting another, you might become desperateYou won’t afford to be picky, and employers can sense that Apply for Jobs Every 1-3 Months Make a List of Your Top 25 Dream Companies Get Informational Interviews Using LinkedIn

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Page 5: How to Make $100,000 a Year in Your 20s

Start Your Side Business- Your

business idea doesn’t have to be

fancy or complicated.The main point

of your business at this stage is to

help you pay lower taxes, and take

that extra money to re-invest into

your business

Learn How to Convert Personal

Expenses to Business Expenses-

having your own business will bring

you some benefits. For instance, you

can convert some of your personal

expenses to business expenses

STEP 4 – DECREASE YOUR TAXABLE INCOME BY STARTING A BUSINESS ON THE SIDE

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Page 6: How to Make $100,000 a Year in Your 20s

STEP 5 – AUTOMATE YOUR EXPENSE LOGGING Sign up for a free plan using your email, this will help you do everything you need. The next step is to import all your credit and debit. From now on, any transactions on them will be automatically logged and categorized. When it comes to filing your taxes, just pull up your expenses by categories. This will make filing your business expenses incredibly easy If you need any additional information, you can simply search and filter through all your transactions each tax year with their search box

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Page 7: How to Make $100,000 a Year in Your 20s

STEP 6 – DECREASE YOUR LARGEST EXPENSES

spend as little as possibleWell, decreasing your most significant expenses is part of it Lower Your Rent Decrease Your Car Payment

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Page 8: How to Make $100,000 a Year in Your 20s

Automate Your Savings

Multiply Your Sources of Income

Invest Part of Your Income in Your

Side Business

Invest Part of Your Income in

Passive Income Streams and

Investments with Lots of Upside

STEP 7 – INVEST IN YOURSELF FIRST AND TAKE RISKS ON NEW BUSINESS VENTURES

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Page 9: How to Make $100,000 a Year in Your 20s

Year One – Network Every Month

Year Two – Start a Blog

Start writing content on trending

topics in your industry

Year Three – Publish a Book

Publish a book and start

presenting it at events in your

industry.

STEP 8 – USE YOUR SIDE BUSINESS TO BRAND YOURSELF AS AN EXPERT IN YOUR INDUSTRY

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Page 10: How to Make $100,000 a Year in Your 20s

Continuing to work corporate jobs,

keep interviewing every 1-3

months and leverage your side

business and book to keep getting

higher paying jobs

If your side business is taking off

and bringing in more money than

your regular job, you can make the

leap and do it full time

Improve your brand even more by

reaching out to top influencers in

your field, requesting to interview

them for your business’s website or

upcoming book

STEP 9 – LEVERAGE

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Page 11: How to Make $100,000 a Year in Your 20s

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