5 ‘Capitals’ You Need to Build in Your 20s to Be Successful in Life

Your 20s are the defining decade of your life

Photo by Anna Pou from Pexels

Your 20s is the best time to accumulate your stock of capital. Capital includes anything — your knowledge, relationships, experience, etc — that becomes helpful much later in life. Most people limit capital to money, which is a terrible viewpoint to have. This is not to say that money is not important, but capital goes beyond money. Here’s a list of capital that if developed, will increase the odds in your favor:

1. Expertise (Skills) capital: This includes assets like education, training, intelligence, expertise. Everyone in their 20s needs to develop at least a skill, practice, and hone it until they are proficient in it. At a time when the traditional 9–5 jobs are no longer fashionable, developing a skill or two that allows you to live with freedom is essential for success and happiness. Thankfully, you can pick from an array of increasingly in-demand skills from writing, copywriting, video editing and design, coding, painting, and so on. With a highly sought-after skill, you can work anywhere you want and on your own terms.
2. Network (Relationship) capital: In today’s world, who you know matters. People have gotten opportunities that they would ordinarily not have if it was not for the associations…