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If You’re In Your 20s, Having Savings Shouldn’t Be Your Only Concern

If You’re In Your 20s, Having Savings Shouldn’t Be Your Only Concern

The consumerist world we live in seems to have turned us into money making robots with ever-increasing desire to earn more only to spend more. A growing number of twenty-somethings have fallen victim to this vicious circle of making earning their top priority.

What happened to the fun-seeking, experience-hunting, and self-realization twenties? People in their twenties seem much more concerned about their savings, pressuring themselves to act more grown-up than they actually are. Therefore they seem to settle for mediocre jobs and relationships in order to play by the rules and strictly follow pre-made life paths. True – bills, rent and college debt won’t pay itself, but what you do with the rest of your paycheck, is what makes all the difference.

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People who spend money on experiences are happier

Whenever you are facing the latest version of a smartphone or a trip with your friends dilemma, make sure to pick the experience purchase, suggests Dr. Thomas Gilovich, a psychologist, in the study “A Wonderful Life: Experiential Consumption and the Pursuit of Happiness,” published in the Journal of Consumer Psychology. He presents his findings from a research where he compared the effects of products to experience purchase on human happiness. The results show that people who collect experiences instead of things, show much bigger and longer-lasting signs of contentedness.

When you spend time and money doing things or going places with other people in your life, you get a chance to enjoy sharing your experiences with others. This way you enrich your life, and apart from learning new skills and discovering new places, you learn a lot about yourself and others, and get valuable life lessons no gadget in the world, no matter how advanced, can teach you.

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Growing older, the excitement of buying the latest smartphone, TV or a car will be long forgotten, but moments you shared on your trips or events with your friends and family will be vivid in your memory, even the bad ones, Gilovich finds out,  “Even those concerts, theatrical performances, or vacations that do not turn out as planned are quickly rationalized (“It brought us closer to together,” “You only find out what someone is really like when things go awry”) and made peace with.”

The hype around the must haves of the season can turn you into a mindless consumer, if you don’t pay attention. Material things can help you feel good in a short run, while the skills you learn, experiences you share with your closest friends, and places you visit make you an altogether happier, smarter, more mindful and open-minded person. As Gilovich concludes “it is the experience that lives on and the possession that fades away.”

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We are our greatest assets

In an effort to always earn more and spend more, young people seem to have adopted a certain consumerist mindset when it doesn’t matter how you feel, as long as it can help feed the consumer beast, so to speak. Hence, the prevailing dissatisfaction with and feeling of being trapped in unfulfilling job positions, which creates the need to spend more in order to feel better – a vicious cycle hard to get away from. Sure, you want to escape the mediocre job, yet the material security it provides, makes it seem impossible. So, most people decide to settle for the security of a regular paycheck, never really utilizing their true potential, with their skills and values gradually declining.

However, if they dare to take one small step towards a different direction, circumstances can change dramatically in the long run. By investing a little bit of their time, at first, in cultivating their talents and skills, they are investing in their future of doing the work they are truly passionate about. Gradually, the transition to a much more desired position can happen, providing them with more time, money and more-purposeful work. Their whole outlook on life changes once they discover the best outlet for their talents. Realizing that you don’t need to settle in your twenties, but to find the time and funds to discover your passion, is a great way to prioritize and to invest in your future.

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Building the right foundations

Another reason to not obsess about savings in your twenties is to create the right mindset that will make your life much more enjoyable. Our twenties seem so challenging simply because it is the time when we make the most mistakes trying to reach maturity and self-realization. The lessons we learn now, influence our future belief system to a great extent. By discovering early in life not to compromise your time and happiness for material rewards, you avoid spending a lifetime blindly chasing the wrong values.

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Ana Erkic

Social Media Consultant, Online Marketing Strategist, Copywriter, CEO and Co-Founder of Growato

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Last Updated on December 2, 2018

7 Public Speaking Techniques To Help Connect With Your Audience

7 Public Speaking Techniques To Help Connect With Your Audience

When giving a presentation or speech, you have to engage your audience effectively in order to truly get your point across. Unlike a written editorial or newsletter, your speech is fleeting; once you’ve said everything you set out to say, you don’t get a second chance to have your voice heard in that specific arena.

You need to make sure your audience hangs on to every word you say, from your introduction to your wrap-up. You can do so by:

1. Connecting them with each other

Picture your typical rock concert. What’s the first thing the singer says to the crowd after jumping out on stage? “Hello (insert city name here)!” Just acknowledging that he’s coherent enough to know where he is is enough for the audience to go wild and get into the show.

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It makes each individual feel as if they’re a part of something bigger. The same goes for any public speaking event. When an audience hears, “You’re all here because you care deeply about wildlife preservation,” it gives them a sense that they’re not just there to listen, but they’re there to connect with the like-minded people all around them.

2. Connect with their emotions

Speakers always try to get their audience emotionally involved in whatever topic they’re discussing. There are a variety of ways in which to do this, such as using statistics, stories, pictures or videos that really show the importance of the topic at hand.

For example, showing pictures of the aftermath of an accident related to drunk driving will certainly send a specific message to an audience of teenagers and young adults. While doing so might be emotionally nerve-racking to the crowd, it may be necessary to get your point across and engage them fully.

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3. Keep going back to the beginning

Revisit your theme throughout your presentation. Although you should give your audience the credit they deserve and know that they can follow along, linking back to your initial thesis can act as a subconscious reminder of why what you’re currently telling them is important.

On the other hand, if you simply mention your theme or the point of your speech at the beginning and never mention it again, it gives your audience the impression that it’s not really that important.

4. Link to your audience’s motivation

After you’ve acknowledged your audience’s common interests in being present, discuss their motivation for being there. Be specific. Using the previous example, if your audience clearly cares about wildlife preservation, discuss what can be done to help save endangered species’ from extinction.

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Don’t just give them cold, hard facts; use the facts to make a point that they can use to better themselves or the world in some way.

5. Entertain them

While not all speeches or presentations are meant to be entertaining in a comedic way, audiences will become thoroughly engaged in anecdotes that relate to the overall theme of the speech. We discussed appealing to emotions, and that’s exactly what a speaker sets out to do when he tells a story from his past or that of a well-known historical figure.

Speakers usually tell more than one story in order to show that the first one they told isn’t simply an anomaly, and that whatever outcome they’re attempting to prove will consistently reoccur, given certain circumstances.

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6. Appeal to loyalty

Just like the musician mentioning the town he’s playing in will get the audience ready to rock, speakers need to appeal to their audience’s loyalty to their country, company, product or cause. Show them how important it is that they’re present and listening to your speech by making your words hit home to each individual.

In doing so, the members of your audience will feel as if you’re speaking directly to them while you’re addressing the entire crowd.

7. Tell them the benefits of the presentation

Early on in your presentation, you should tell your audience exactly what they’ll learn, and exactly how they’ll learn it. Don’t expect them to listen if they don’t have clear-cut information to listen for. On the other hand, if they know what to listen for, they’ll be more apt to stay engaged throughout your entire presentation so they don’t miss anything.

Featured photo credit: Flickr via farm4.staticflickr.com

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