In a free-market economy, anyone can make as much money as they want and this that applies to 20-somethings too.

To help you reach the seven-figure mark by 30, we rounded up 11 pieces of advice from people who became millionaires at a young age and people who have studied hundreds of self-made millionaires. We can’t guarantee millionaire status, but doing these things won’t hurt your odds:

  1. Focus on earning

In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that.

Start following your money, and it will force you to control revenue and see opportunities.”

Earning more money is often easier said than done, but most people have options.

  1. Develop multiple streams of income

One way to earn more is to increase your streams of income.

In author Thomas C. Corley’s five-year study of self-made millionaires he found that many of them develop multiple streams of income: 65% had three streams, 45% had four streams, and 29% had five or more streams.

These additional streams include real-estate rentals, stock market investments, and part-ownership in a side business.

The three streams of income seems to be the magic number for the self-made millionaires in my Rich Habits study, but the more income streams you can create in life, the more secure will your financial house be.

  1. Save to invest, don’t save to save

The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

The key to consistently setting aside money is to make it automatic. That way, you’ll never even see the money you’re contributing and you’ll learn to live without it.

  1. Be decisive

Avoid decision fatigue. “Attention is a finite daily resource and can be a bottleneck on productivity. No matter the mental stamina developed over time, there is always going to be a threshold where you break down and your remaining efforts for the day become suboptimal.

“Conserve your mental power by making easily reversible decisions as quickly as possible and aggressively planning recurring actions so you can execute simple tasks on autopilot. I know what I am wearing to work and eating for breakfast each day next week. Do you?”

  1. Don’t show off — show up

“I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income,”. “I was still

show updriving a Toyota Camry when I had become a millionaire. says Cardone. Be known for your work ethic, not the trinkets that you buy.”

  1. Change your mind set about money

Getting rich begins with the way you think and what you believe about making money.

At the end of the day, “The secret has always been the same: thinking,” he emphasizes. While the masses believe becoming wealthy is out of their control, rich people know that making money is really an inside job.”

  1. Invest in yourself

The safest investment I’ve ever made is in your own future. Read at least 30 minutes a day, listen to relevant podcasts while driving and seek out mentors vigorously. You don’t just need to be a master in your field, you need to be a well-rounded genius capable of talking about any subject whether it is financial, political or sports related. Consume knowledge like air and put your pursuit of learning above all else.”

Take Warren Buffett, for example, who estimates that 80% of his working day is dedicated to reading.

  1. Ditch the steady paycheck

Rich people are typically self-employed and determine the size of their own paycheck. “It’s not that there aren’t world-class performers who punch a time clock for a paycheck, but for most this is the slowest path to prosperity, promoted as the safest. The great ones know self-employment is the fastest road to wealth.”ditch the paycheck

While the world-class continue starting businesses and building fortunes, average people settle for steady paychecks and miss out on the opportunity to accumulate great wealth.

“The masses almost guarantee themselves a life of financial mediocrity by staying in a job with a modest salary and yearly pay raises,”.

  1. Set goals and visualize achieving them

If you want to make more money, you have to have a clear goal and then a specific plan for how to achieve that goal. Money won’t just appear — you have to work at it.

Rich people choose to commit to attaining wealth. It takes focus, courage, knowledge, and a lot of effort to be come a self made millionaire; and it’s possible if you have precise goals and a clear vision: “The number one reason most people don’t get what they want is that they don’t know what they want. Rich people are totally clear that they want wealth.”

  1. Start hanging out with people you admire

Andrew Carnegie, who started with nothing before becoming the richest man in the US, credits all of his riches to one principle: the Master Mind.

The idea is to surround yourself with talented people who share your vision, because the alignment of several smart and creative minds is exponentially more powerful than just one.

Plus, we become like the people we associate with, which is why the rich tend to associate with others who are rich.

In most cases, your net worth mirrors the level of your closest friends. Exposure to people who are more successful than you are has the potential to expand your thinking and catapult your income. The reality is, millionaires think differently from the middle class about money, and there’s much to be gained by being in their presence.”

  1. Shoot for 10 million, not 1 million

The single biggest financial mistake most of us make is not to think big enough. “I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.”