Thread by @shyamsek

He's young. Full of ideas. Doing great at the workplace. Has a lot to do and a burning desire to achieve more. Loves challenges. Lives life to the full. Weeks soaked in work and weekends soaking fun. He is one of today's #millenials. He enjoys freedom. But needs #financialfreedom

How do #millenials see saving, investing & growing wealth? Most conversations give the feeling ppl think #FinancialFreedom can wait. Why hurry? Giving cliches like power of compounding can even annoy them. They just don't want to think now. But,their big dreams need early action.

#Millenials may seem to be living for the day. But, their dreams are big. They think king-size. Their canvas is wide. Have precise expectations of their future. But, don't show it. Or wear it on their sleeve. They are too cool to do that. If made to feel comfortable, they talk.

Milind is a familiar millenial. Known him long. Know he talks when he needs to. But, forcing him to talk won't work. So, I wait for him to open up. One day, comes over after a quick shout. Wants to #startup. Know if he wants something, he goes for it. Bring up #FinancialFreedom .

Milind had lived it up till then. At 28, he wanted something bigger. More purposeful. He wanted to stake more. Take risks. Do something which could potentially become BIG. Do a #startup in #SaaS . But, he had little money. Ideas were his only wealth. He had a grt #businessplan.

Finding money for his #startup was easy. Such was the power of his idea. But, the deal demanded aggressive growth. He needed to keep a high run rate. Life turned into a roller coaster. He had no time for anything. His personal finances hardly got attention. Money came and went.

Time flew past. He raised money twice. The business could not meet the ask. He got diluted too much. Finally, he was left with no option but exit as the Co got sold by the PE's. But, they ensured he got nothing. His share of profits went to them. At 33, Milind was tired & lost.

We met again. Milind wasn't the man I met at #startup stage. Had little money to survive. His lifestyle changed over the period. His income had stopped. He had little savings. His dream of retiring early was now a full fledged nightmare. #FinancialFreedom was too distant.

What could have Milind done differently? He could have achieved #FinancialFreedom despite a rough #startup. I told him how. Now, he was listening. Now, how was obvious.
"Why did I miss this?"
"You weren't willing to listen early"
"Should I be punished so much for not listening?"

#Millenials have grt strengths. Taking it for granted isn't a good idea. The smartest achievers are always careful securing their future. Look around & you'll know. They slowly raised financial security till they reach #FinancialFreedom . Milind could have done it differently.

The journey to #FinancialFreedom must start very early. Keep working on it constantly. Keep improving your savings and investing. Grow with milestones- they keep you anchored. Once you hit a milestone, set the next one. Keep going. While you can make work choices, plan well.

Don't put yourself on a path that lands you in future regret. Instead, always stick to the path of #FinancialFreedom . Start small with a significant goal. Be resolute about reaching that goal. For starters, how about becoming a #MillionaireMillenial? It's a gettable soft goal.

Becoming a #MillionaireMillenial is but a first step. You need to save up a million rupees fast enough. Setting a goal, trying to better it & reaching the first milestone in good time is the beginning of your journey to #FinancialFreedom. Remember, bigger possibilities await you.