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Started By
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re: How do you achieve financial freedom at an early age?
Posted on 3/31/23 at 2:39 pm to hawgfaninc
Posted on 3/31/23 at 2:39 pm to hawgfaninc
figure out a way to make mailbox money online and move to another country with a cheaper cost of living.
0
Posted on 3/31/23 at 2:40 pm to hawgfaninc
Only drive cheap cars, don't keep up with the Jones, build a small savings and pay off debt
Posted on 3/31/23 at 2:40 pm to hawgfaninc
Win the Powerball at the age of 18.
Posted on 3/31/23 at 2:42 pm to el Gaucho
quote:
They’re gonna start taxing unrealized gains next year
I don't think he is going to have to to worry about making over $100 million for that to apply to him.
Posted on 3/31/23 at 2:45 pm to hawgfaninc
Spend a lot less than you make for a while.
This post was edited on 3/31/23 at 2:49 pm
Posted on 3/31/23 at 2:47 pm to hawgfaninc
Commit to working your arse off and give up leisure activities. Make work your #1 priority. This is a time of your life where you have the stamina to go the distance. Be married to your job. As you get older and life gets more complex you won’t have that luxury anymore, so you are going through pain investing in yourself so you get a big return later in life.
Don’t get married unless she is doing well for herself.
Don’t make poor decisions (knock up a girl, DUI)
Hang out with the right crowd. Climb the social ladder.
Don’t get married unless she is doing well for herself.
Don’t make poor decisions (knock up a girl, DUI)
Hang out with the right crowd. Climb the social ladder.
Posted on 3/31/23 at 2:48 pm to hawgfaninc
Get Gordon
Posted on 3/31/23 at 2:49 pm to hawgfaninc
This is the OT. Where 90% of the posters made six figures right out of high school.
Posted on 3/31/23 at 2:50 pm to hawgfaninc
Don't swing for the fence. Small ball builds wealth, and you won't have to work 3 jobs, get to marry, have children, and just live/enjoy live in doing so.
Your question indicates that you do not value time enough (perhaps). Balance financial goals with enjoying your very short time on Earth.
Income - Savings = Expenses
Target living 80% of your means; invest 20% automatically every month. Wake up in your late 30s or early 40's millionaire (possibly multi if you have/build valuable skills).
Good luck!
Your question indicates that you do not value time enough (perhaps). Balance financial goals with enjoying your very short time on Earth.
Income - Savings = Expenses
Target living 80% of your means; invest 20% automatically every month. Wake up in your late 30s or early 40's millionaire (possibly multi if you have/build valuable skills).
Good luck!
Posted on 3/31/23 at 2:55 pm to hawgfaninc
quote:
without much capital
with this being a major factor in the question, the best answer is to save/invest as much as humanly possible starting immediately, right now. Even if you only make peanuts, if you contribute to an employer retirement up to what they match (other investing like in a Roth or index funds on your own is good too) and live below your means you're way, way ahead of the game. Many people in their early 20s will start making a decent to really decent salary then go nuts trying to keep up with their peers that also make a decent salary. They'll buy a house too big, a car too expensive, and toys like a fricking boat or camper or some shite then they're up to their eyeballs in debt with no realy way out becuse they don't know how to put the credit card down.
Posted on 3/31/23 at 2:57 pm to hawgfaninc
Contribute as much as you can to your 401K.
Use half of your take home pay for bills, needs and life.
Invest 25% of your take home pay. Or more. Re-invest profits and dividends.
Save 25% of your take home pay....so you can pay cash for a vehicle, emergencies and stay away from stupid debts.
Get into these habits as soon as you can and watch your investments grow over time.
Use half of your take home pay for bills, needs and life.
Invest 25% of your take home pay. Or more. Re-invest profits and dividends.
Save 25% of your take home pay....so you can pay cash for a vehicle, emergencies and stay away from stupid debts.
Get into these habits as soon as you can and watch your investments grow over time.
Posted on 3/31/23 at 2:59 pm to hawgfaninc
Start a business...start another business...keep doing that...you'll never get rich working for someone else.
Posted on 3/31/23 at 3:02 pm to Turf Taint
quote:
invest 20% automatically every month.
Keep putting 20% of your income into the mudslide they call the stock market which is directly tied to the economy of a collapsing empire
Cmon baw give til it hurts!
Posted on 3/31/23 at 3:02 pm to hawgfaninc
Do not buy a car brand new. Do not finance a vehicle.
Posted on 3/31/23 at 3:46 pm to hawgfaninc
At that age, without much capital.
Posted on 3/31/23 at 3:56 pm to lake chuck fan
quote:
By birth, Inheritance, Selling meth, good looking female(Only Fans), playing stock market with rules and discipline
One of these methods is really bad advice for trying to get rich quick.
And it's not selling meth.
Posted on 3/31/23 at 3:56 pm to hawgfaninc
It’s called a trust fund. Look it up.
Posted on 3/31/23 at 3:57 pm to hawgfaninc
Grow and sell Marijuana when your musical celebrity runs out
Posted on 3/31/23 at 3:58 pm to hawgfaninc
Peptide Party MLM
This post was edited on 3/31/23 at 3:59 pm
Posted on 3/31/23 at 3:59 pm to hawgfaninc
Work turnarounds with a good paying trade for about 10 years.
DO Not spend any more money than you need too.
Make some good investments.
Retire in some Asian country .
Might work if you can not spend the money you are making.
DO Not spend any more money than you need too.
Make some good investments.
Retire in some Asian country .
Might work if you can not spend the money you are making.
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