How much were you saving at 24?
I want to know how much money you guys were putting in the bank , investing, 401k, Roth IRA, anything and everything every month after your expenses like student debt, car loans, rent, taxes, lifestyle, etc. #tech #salaries #investment
How did you even afford to do that?
+1
24 year old new-grad here. Save around 7500-8000/mo.
Bro my TC is 105k😂 I used to feel good about it Now heavily reconsidering life choices
Very few can be FI at 24. Typically you can get to lean fire by 30 and normal fire by 35 and fat fire by 40 for a aggressive timeline
FI means Financial Independence if I am not wrong? What is normal fire
Zero. Still in school lol. Only managed to graduate at 25.
Was in grad school, so $0
Nothing. Spend on parties, travel, cocaine, escorts. You only live once, plenty of time to spend money.
At 24 years of age I was making about 26k a year. I didn't have a single penny to save.
I’m 24 and have been living with my parents for pretty much my whole life. Last year I saved 110k into my 401k, megabackdoor 401k, Roth IRA, and brokerage acc
I was living outside of US and earn around $1k per month. This allows to collect $50k next year (my partner works too, we have saved money since our 18 years old) and purchase our first property. This was 350 sq.ft. apartment with cost $170k. Today (11 years after) our NW is close to $2m, we own 2 properties in US (condo 1200 sq.ft and house 3950 sq.ft). Who knows where will I be in next 10 years?
Assuming this is in USD … how did you collect 50k in 1 year? And how in 11 yrs 2 mil plz lay the roadmap for us Assuming this was India Congratulations boss!!!
Not one year. 50k is total savings by me and my partner which we collected from 18 to 25 years (7 years). $2m NW is absolutely right moment of time to invest in property, work at FAANG, collecting all signons and RSU’s This wasn’t India, but it’s another poor country