Five Ways To Invest In Your Future Before You Turn 30

Gabriela is the Founder of the Latino Wall Street movement, which provides financial education to the Latino community.

Too many people experience a kind of life crisis when they reach 30. They feel like their personal matters aren’t organized or that they didn’t spend their money correctly. 

As I write this, just hours after turning 30, I am reflecting on my professional life thus far and what I have done to set myself up for future success. I am getting married this month, and although I am the happiest I have ever been, these milestones are not what makes me feel accomplished.

My success today is not my degree from NYU or the privileged educational experience that I gratefully received. It’s not where I have lived or the countries I have visited. I lived on 6th Avenue in Manhattan for more than 10 years, and although I made memories I will never forget, the investment into the cost of living in the Big Apple was not a wise one, which is why I decided to move to the “enchanted island”: Puerto Rico.

Rather, I have been empowered by my daily routine and my focus on personal development and nontraditional education. I am going to share with you five personal and financial investments I made in my 20s. I undoubtedly attribute my success and happiness to prioritizing this kind of personal investment; I want you to prioritize it, too.

1. Seminars

There is nothing quite like the experience and education that come from a seminar. In a Covid-19 world, online seminars have become more important than ever as they deliver critical up-to-date education from the comfort of your home. 

Professional seminars can be extremely valuable for networking. In fact, I met my current business partner and some of my best friends I still consult today while attending seminars. I’ve found that development programs can also transform your mindset, self-confidence and self-esteem.

2. Self-Development Through Travel

Traveling is an amazing thing — venturing beyond your home to experience the sights, sounds and cultures of communities around the world is key for your development as a worldly individual. I would sometimes feel the pull to “slack off” on pure travel, which is why I discovered that combining self-development programs with my trips was doubly as effective.

For example, I attended a retreat in Bali, Indonesia, that focused on healing one’s relationship with money and spiritual transformation. I am also planning to attend a consciousness and mindfulness retreat in India hosted by my favorite author.

3. Health And Wellness

What’s the point in investing in your future if your body is being abused along the way? You only get one body in this life, which is why you need to treat it well. I avidly take part in bootcamp classes, which provide my body with a mix of cardio and weight training. Since I do not have access to these classes in person anymore due to my location, I have been participating in an online version. These classes have saved me during quarantine and helped me with discipline, which is a must for personal, financial and business success.

4. Strategic Tax Savings

Finding ways to optimize your taxes is another investment in your future. For example, I take part in Act 20 and Act 22 in Puerto Rico, which benefits investors who contribute to the community. This has changed my tax bill and lowered it from approximately 40% to just 4% when compared to what I paid in Manhattan. This is a fairly new commitment of mine, but one that will probably pay off the most in the long run.

If you are an investor and business owner, I would encourage you to find out if you qualify for this program. Consult an Act 20/22 specialist or an accountant/lawyer from Puerto Rico — just make sure they specialize in this program because it is very specific. A 2019 report from Puerto Rico’s Department of Economic Development and Commerce, noted that approximately 2,200 people have moved to Puerto Rico in recent years to benefit from these tax incentives through this program. The majority of them came from other states in the United States, so if you are a U.S. citizen, the process is smoother. 

5. Stock Market Education

I can confidently say deciding to educate myself and invest in the stock market since a young age was the best decision I ever made. I didn’t panic in March, when the stock market took a huge dip because I am a long-term investor and have been holding stocks for the past decade. This is why I founded a movement to help Latinos learn about the opportunities in the stock market in their native language.

I always encourage people to start now rather than later as time is money. I think many people learned that lesson with the record highs stocks recently hit. Make sure you take the first action today — it can be as simple as buying a beginner’s book about the stock market.

The Attitude Of Gratitude

Beyond stock market education and investing, I am now on a mission to teach others about my mindset journey. It’s all about the power of the mind and connecting it to your body and soul for peak performance. It starts with gratefulness, a positive mindset, the ability to address excuses and committing yourself to living your dreams. If I can do it, you can, too. Don’t wait — start making an investment into yourself today.

The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.


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