How to Be Wealthy by Age! (20-Year-Olds)

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How to Be Wealthy by Age! (20-Year-Olds)

Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
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You guys have been a godsend for my financial education. Just turned 25 making a little over 75k and have started maxing my 401k and Roth IRA. Thank you for sharing your expertise.

LibertyBrew
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I had nothing 1 year ago. I started a new job, make between 50-60k (hourly + commission is the reason for the range) I officially hit one year of having an open fidelity account in 3 days. My investment portfolio is ~$21, 000 at the age of 25, all from your teachings of living off less than you make, and pay yourself first. A little bit each paycheck adds up!

jackscalzo
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For a 20 year old, invest $3.70 per day to be a millionaire by 65. The Starbucks meme makes sense at that age.

Not that a million will be enough in the year 2069 (nice), but a little really does go a long way with 45 years of growth.

Joenzinator
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Wonder what these guys think about the TQQQ for young people.

erikplacke
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27 so not sure if I should start here or the 30 video

ranaeam
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Don’t finance anything but a home. Don’t borrow for autos and invest 25+% of your income. You’ll be on easy street way before your cohorts!

taylorjackson