5. Habit!

This is even more important than all the other reasons combined. When you’re young, it’s easy to develop life-long habits. If you start earning, saving, and investing while you’re young then you’ll never get into money trouble in the first place. So many blogs talk about fixing your financial life after you’ve already ruined it. For us, since we’re starting off on the right foot, we won’t have to fix huge mistakes. There will be no debt to repay. We can make money for pure profit – not debt repayment. We shouldn’t have any huge financial mistakes to get depressed about. If you make money a (without becoming obsessed with it) priority in life early on and it becomes second nature for the rest of your life. After time, the money will flow in without you giving it a second thought.

Those are my 5 reasons to make money RIGHT NOW! Make money now because you want to rather than later because you have to! I guarantee you will become a multimillionaire as long as you pay attention to your finances during the first quarter of your life! So, now that we have that out of the way, how will you make money. Let me know, below!

*In this scenario, the $100 was invested in an index fund with a 12% rate of return. This is the rate the S&P 500 has averaged from 1926 to 2011.

**Come to think of it, this sounds like it would be illegal. Working at one job at age 14 for 16 hours a day is illegal, but I would spread by day between different jobs. I’m super sneaky like that.