Ramit Sethi Shares Insights on Becoming a Millionaire in Your Twenties

New York, NY – Ramit Sethi, a bestselling author and Netflix star, recently spoke with Fortune about achieving financial success in your twenties. The 41-year-old financial expert said that becoming a self-made millionaire is less complicated than many believe.

Sethi emphasized the importance of mindset and taking calculated risks. “It’s about understanding your personal finances and investing wisely,” he said. He encouraged young people to prioritize their skills and knowledge over simply accumulating wealth.

As more young graduates enter the workforce, many grapple with skepticism about the value of their college degrees. Data shows that nearly half of Gen Z considers their education a “waste of money.” This sentiment is partly driven by rising student debt and a challenging job market.

According to a recent report from the Federal Reserve Bank of New York, majors in STEM fields, particularly engineering and computer science, remain the highest paying for recent graduates. These sectors are increasingly valued in today’s economy, often leading to better job security and higher salaries.

In a related context, investment firm Vanguard recommends that soon-to-be retirees from Generation X can stabilize their financial futures by working just a few additional months, mitigating concerns about market fluctuations affecting retirement accounts.

As leaders like Jeff Bezos and Doug McMillon focus on current strategies, they demonstrate that success comes from ongoing adaptation rather than dwelling on past achievements. Their approaches reflect a broader trend toward agility and responsiveness in uncertain economic times.

“Success isn’t just about what you did last year,” Bezos noted. “It’s about what you’re building for tomorrow.”