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In most FatFire posts people in there late 20 / early 30 have already a NW of 1-2M while having a similar income.
Just wondering what I am missing. I feel I do quite well career, income and saving wise but I am behind in NW. - 29M - Income 350k - NW 450k - Save and invest around 70% of take home income (around 150k last year) - Graduated with no student debt (working part time and scholarships) at 24 - startet with around 120k income.
I just do not understand how you could accumulate such a high NW in a few years. Maybe my assumptions are wrong: - For most high earning jobs you need to have a college degree and therefore can only start really working in the early / mid 20is - Most have student loans from step 1 - You increase your role and salary yearly and can not start with 300k income out of college
Maybe someone feels the same?
I’d also venture to guess that there are likely individuals who like to bloat their numbers because it’s the internet
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- 11 months ago
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