Seven money goals for young adults

In your 20s or 30s? Here are seven money goals you should make and meet.

6. Establish a side income

Ann Hermes/The Christian Science Monitor/File
Vendors sell second hand clothes, crafts and antiques at a weekly flea market in the SO 36 club in the Kreuzberg neighborhood of Berlin, Germany in 2010. Having multiple streams of income will you spread out the risk of lost income.

The economy and workforce has changed, there's no doubt about that. In order to adapt with that change, many young adults are learning new skills and figuring out how to build their careers. Having multiple streams of income will help you spread out the risk of lost income.

Do you have any hobbies that you can turn into a side hustle? What skills do you possess that can help you earn more money? Outside of your day job, what other things can you pursue to establish profitable income streams? This is an important milestone for every 20 and 30 year old.

6 of 7

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.

You've read  of  free articles. Subscribe to continue.