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5 Ways Millennials Can Start Building Their Future Today

5 Ways Millennials Can Start Building Their Future Today

There has been a lot written about the way millennials are approaching the world of work in a very different manor to previous generations. We tend to place a strong emphasis on making sure that we work simply to enjoy life to the fullest, rather than only working to live, and you will often hear many people talking about wanting to live only in the now.

These are positive ideals that I very much subscribe to, but aside from being millennials, we’re also known as Generation-Rent thanks to the way our carefree attitude to life and finances in general mean that many of us will never get to own our own home. This is as much to do with our generation being priced out of the market as it is a question of choice, but this one example doesn’t bode all that well for our long-term futures.

I have zero interest in being the killjoy who tells everybody to get serious and get to work, but I do think there are a number of little things that we could be doing now in order to better prepare ourselves for a slightly more prosperous future.

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1. Get a Roommate

If you’ve already got one, cool, but for many people the moment you move into your own flat is a seminal one that proves you’re now a fully-fledged adult with your own established place in the world. This is awesome, well done, but is it really all that important for you to be living alone right now? I am very guilty of having gone down this same route. I have paid a high price for it, and looking back I realise that I would have saved a lot of money if only I had continued to live with friends.

Even if you aren’t ready to ditch your independence completely, there has never been a better time than now for you to rent out a spare room via Airbnb in order to save some extra cash. This is never more true than when you go on holiday and your home is just left sitting there completely empty. Not only are you blowing all your cash on a good time in Ibiza, but you’re paying the rent too. Rent it out and pass that cost onto somebody else. Doing so should at least cover your drinks’ bill.

2. Turn Your Blog Into a Business

Our generation is able to benefit from technology in ways never previously accessible to our parents and grandparents. The internet may waste almost as much of our time as it does provide us with amazing opportunities, but this is something we really have to turn to our advantage. This is especially true for those people who run their own blogs.

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You might think of your blog as not much more than a hobby where you post your writing, art, photography, or any of the other things that resonate with you personally, but this passion could be something that you could turn into a little cash. Advertisers may be interested in buying space on your page if you’re attracting a lot of daily traffic.

And if you’ve got unique content on there that could be turned into merchandise, there might just be a market willing to buy from you. This could get a little complicated and involve a bit of training and some ecommerce CRM software to make this transition a reality, but the long-term rewards will be well worth the hassle.

3.  Be Money Smart

One of the big problems for many people is not that they don’t have any money. It is more often the case that they just don’t manage it well. When you live hand to mouth it is hard to think about saving, but it’s even harder to do this if you just bury your head in the sand and don’t think about it all.

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Aside from trying to work out little ways in which you could budget and save money each month, you should also review all of your financial arrangements. Banking is a business just like any other. You might be perfectly happy with your bank and credit card, but are they really giving you the best market deal? Chances are you probably have no idea.

You might not be able to pay off your credit card over night, but in a few clicks you could very well move all your debt over to a card where for the next year or more you will have 0% interest on the balance you moved.

4. Learn a Second Language

Budgeting and money saving where you can are great ways to build up a little nest egg but so too is education. If you can promote yourself as being bilingual on your CV, there is a good chance that this will make your odds of getting a new job significantly better. Langue learning via a school or an academy can be quite time consuming and expensive, but there are a number of cheaper ways to go about this.

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In many big cities there are often “intercambio” opportunities where you can find people who want to meet up over coffee and spend half the time speaking in their language and the other half in yours. This is great for those people who already have a base knowledge and want to push on. And for absolute beginners there are lots of free resources online which you can use to get started.

5. Buy a Bike

For city dwellers and those that commute from the outskirts each day, travel costs can take up a high percentage of your monthly outgoings. By investing in a decent second-hand bike, or even a cheap brand new one, you’ll not only save money in the long run, but you’ll be improving your health and saving the environment as you do it.

Many major cities understand how beneficial having a bustling bike culture is with extensive bike lanes and low-cost bike share services being a fixture of places like Barcelona, Paris, New York and London. Even if your own city doesn’t have these kinds of luxuries, there’s no reason why you can’t saddle up anyway in order to start saving some money.

Featured photo credit: http://getrefe.tumblr.com/ via 67.media.tumblr.com

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Last Updated on August 16, 2018

10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

The ability to take risks by stepping outside your comfort zone is the primary way by which we grow. But we are often afraid to take that first step.

In truth, comfort zones are not really about comfort, they are about fear. Break the chains of fear to get outside. Once you do, you will learn to enjoy the process of taking risks and growing in the process.

Here are 10 ways to help you step out of your comfort zone and get closer to success:

1. Become aware of what’s outside of your comfort zone

What are the things that you believe are worth doing but are afraid of doing yourself because of the potential for disappointment or failure?

Draw a circle and write those things down outside the circle. This process will not only allow you to clearly identify your discomforts, but your comforts. Write identified comforts inside the circle.

2. Become clear about what you are aiming to overcome

Take the list of discomforts and go deeper. Remember, the primary emotion you are trying to overcome is fear.

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How does this fear apply uniquely to each situation? Be very specific.

Are you afraid of walking up to people and introducing yourself in social situations? Why? Is it because you are insecure about the sound of your voice? Are you insecure about your looks?

Or, are you afraid of being ignored?

3. Get comfortable with discomfort

One way to get outside of your comfort zone is to literally expand it. Make it a goal to avoid running away from discomfort.

Let’s stay with the theme of meeting people in social settings. If you start feeling a little panicked when talking to someone you’ve just met, try to stay with it a little longer than you normally would before retreating to comfort. If you stay long enough and practice often enough, it will start to become less uncomfortable.

4. See failure as a teacher

Many of us are so afraid of failure that we would rather do nothing than take a shot at our dreams.

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Begin to treat failure as a teacher. What did you learn from the experience? How can you take that lesson to your next adventure to increase your chance of success?

Many highly successful people failed plenty of times before they succeeded. Here’re some examples:

10 Famous Failures to Success Stories That Will Inspire You to Carry On

5. Take baby steps

Don’t try to jump outside your comfort zone, you will likely become overwhelmed and jump right back in.

Take small steps toward the fear you are trying to overcome. If you want to do public speaking, start by taking every opportunity to speak to small groups of people. You can even practice with family and friends.

Take a look at this article on how you can start taking baby steps:

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The Number One Secret to Life Success: Baby Steps

6. Hang out with risk takers

There is no substitute for this step. If you want to become better at something, you must start hanging out with the people who are doing what you want to do and start emulating them. (Here’re 8 Reasons Why Risk Takers Are More Likely To Be Successful).

Almost inevitably, their influence will start have an effect on your behavior.

7. Be honest with yourself when you are trying to make excuses

Don’t say “Oh, I just don’t have the time for this right now.” Instead, be honest and say “I am afraid to do this.”

Don’t make excuses, just be honest. You will be in a better place to confront what is truly bothering you and increase your chance of moving forward.

8. Identify how stepping out will benefit you

What will the ability to engage in public speaking do for your personal and professional growth? Keep these potential benefits in mind as motivations to push through fear.

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9. Don’t take yourself too seriously

Learn to laugh at yourself when you make mistakes. Risk taking will inevitably involve failure and setbacks that will sometimes make you look foolish to others. Be happy to roll with the punches when others poke fun.

If you aren’t convinced yet, check out these 6 Reasons Not to Take Life So Seriously.

10. Focus on the fun

Enjoy the process of stepping outside your safe boundaries. Enjoy the fun of discovering things about yourself that you may not have been aware of previously.

Featured photo credit: Unsplash via unsplash.com

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