4 Things I Regret Wasting Money and Time on In My 20s
4 Things I Regret Wasting Money and Time on In My 20s
61-Year-Old Self-Made Millionaire: 4 Things I Regret Wasting Money and Time on In My 20s
May 30 2019 Grant Cardone, Contributor@GRANTCARDONE
It’s been more than 40 years since I graduated high school — and a lot has changed since then. I’m older, wiser, wealthier and much more successful.
I’ve built a multimillion-dollar business and am the CEO of seven privately held companies. But there’s always room for improvement — even at age 61. In order to do that, it’s important to acknowledge past failures and learn from them.
Looking back at my 20s, there was so much I didn’t know about money. With what little I earned, I wasted on useless things that didn’t benefit me at all. Here are the top four things I regret spending my time and money on:
1. Drugs and alcohol
If I could go back in time, I’d tell my younger self: “Your education doesn’t stop after college.”
After graduating high school, I became obsessed with all the wrong things. I spent money on drugs and alcohol — and even developed an addiction problem. I should have been spending that money on things that would help me develop new skills, gain knowledge and make powerful connections.
In the real world, your high school diploma is useless, and your college degree won’t get you very far if you don’t have the right skills to keep up with the marketplace. Investing in yourself will only make you more valuable and increase your earning potential.
I didn’t realize any of this until much later. At 25, I spent my last $3,000 on an audio program that taught me about sales and how to close deals. I can honestly say that the investment and commitment to go “all in” are the reasons for my success today.
2. Traveling
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