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how to become wealthy before 25?
current senior in high school
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Aaron’s Answer
This is almost not specific enough of a question to answer. Wealth can be many things and it often has to do with how you grew up and your culture which essentially dictate your needs, wants, and comfort zone.
I've known Americans who decided to save up for a cheap (in terms of US dollars) but very fancy home in Mexico near the beach pretty young and live where the dollar is in their favor while they work online. Some of them do great. They are able to live on $500 a month and save thousands. They turn around and invest all that money and eventually buy a place in the US so they can do 6 months in the US and 6 months in Mexico.
On the other hand, I've seen many Americans try this and just not be able to handle it. It's way out of their comfort zone. They don't want to learn another language or culture, they can't make friends, they crave American fast food too much, and they just go back to the first job they can find back in the US.
On the most part, becoming wealthy means having to leave your comfort zone so you can earn back your comfort zone. The best advice I got in college was, "People who have jobs stay put. People who want careers and a new lifestyle are willing to move where the money goes." Once upon a time, where I lived...there was nothing but I saw the potential. Now there is a Costco and all the fast food you want and my home value went up exponentially even though there's tough times with the economy right now.
I've known Americans who decided to save up for a cheap (in terms of US dollars) but very fancy home in Mexico near the beach pretty young and live where the dollar is in their favor while they work online. Some of them do great. They are able to live on $500 a month and save thousands. They turn around and invest all that money and eventually buy a place in the US so they can do 6 months in the US and 6 months in Mexico.
On the other hand, I've seen many Americans try this and just not be able to handle it. It's way out of their comfort zone. They don't want to learn another language or culture, they can't make friends, they crave American fast food too much, and they just go back to the first job they can find back in the US.
On the most part, becoming wealthy means having to leave your comfort zone so you can earn back your comfort zone. The best advice I got in college was, "People who have jobs stay put. People who want careers and a new lifestyle are willing to move where the money goes." Once upon a time, where I lived...there was nothing but I saw the potential. Now there is a Costco and all the fast food you want and my home value went up exponentially even though there's tough times with the economy right now.
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Dinesh’s Answer
Hi brother, I'm just share my life experience. I'm a poor family person. My father is a driver and my mother is a home maker. My father earning driver the four wheeler vehicle suppose he is not drive the vehicle no Money. In my school days , I asking my father how to earn more money, he said to me more hard work and good thinking .
In my experience , *The best job for you is that you are happy when no one works* Do the same and you will definitely success in life.
Think and act... Knowledge is power.. and more hard work..
Before 25 asking the advice in your parents. They are your back bone..
Keep rocking... thank you...
In my experience , *The best job for you is that you are happy when no one works* Do the same and you will definitely success in life.
Think and act... Knowledge is power.. and more hard work..
Before 25 asking the advice in your parents. They are your back bone..
Keep rocking... thank you...