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I work 40 hours a week and make $120k a year in Los Angeles. If I work an extra 2.5 hours an evening, I make $215 before tax each time.
Doing that 4 nights a week would be $3,440 a month. 50 hours a week.
My only idea for getting rich is to work 50/hours a week for the extra $40k a year (before tax) for 2-3 years to save up $100k because supposedly once you have a 100k and have it in investments (and keep adding 10k a year) you can get to a million relatively fast.
I have a cousin who came to America from a middle eastern country, worked his butt off 10-12 hours a day doing construction/ac work for like $20/hour, and eventually started his own construction business, bought a million dollar house and had almost a million in his bank account.
Iām not sure if with this investing approach I can buy a house like that cousin did within 10 years. Maybe he was only able to do it because he started his own business and not because he worked more hours.
Iām not trying to retire wealthy, I want to be wealthy now to buy a million dollar house sooner than later.
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