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Chicago is really not that bad compared to Los Angeles, SF Bay Area, Boston, NYC, & DC.
And one sharp stick in the eye really not that bad compared to three.
There are lots of places to live where you don't get a poke in the eye period. In other words, it's easy to find people that are in a worse situation to justify not getting out of your own bad situation. It's just like the people that say "at least I have a job" and put up with ridiculous amounts of abuse instead of finding a better job.
Well this thread was depressing lol
25 and not even close to making what some people on here (only a few years older than me!) are making.
I work full time, but Im also racking up student debt by going to college too. Not even going to post my depressing stats haha
I am happy to see so many successful people though. Hard work can pay off
Well this thread was depressing lol
25 and not even close to making what some people on here (only a few years older than me!) are making.
I work full time, but Im also racking up student debt by going to college too. Not even going to post my depressing stats haha
I am happy to see so many successful people though. Hard work can pay off
Good to see a normal person on here. You're probably doing better than average.
Clinton Township, MI
32
$75k a year (that's gross and includes all income streams)
$230k plus Net Worth but this is only because I'm letting my student loans "ride out" to get the forgiveness within 10 years, if you take the student loans away, I'm well over $280k Net Worth
Not bad for a guy that had no family help and who was homeless before right ?
Well this thread was depressing lol
25 and not even close to making what some people on here (only a few years older than me!) are making.
I work full time, but Im also racking up student debt by going to college too. Not even going to post my depressing stats haha
I am happy to see so many successful people though. Hard work can pay off
They've had PLENTY of help...believe me....you're doing just fine.
They've had PLENTY of help...believe me....you're doing just fine.
What kind of "help" are you assuming people have had?
At 25 (previous posters age) my husband and I were a couple of years out of college, newlyweds, and new parents. IIRC, our HHI was around $55,000-$60,000. We had student loans and credit card debt. Definitely negative net worth! We had some good fortune along the way, but we also made some mistakes. We had no financial "help" from anyone.
But a lot happens between your mid-20s and your mid-30s. Those are the fastest career growth years for most people. We just kept plugging away, working hard, trying to make wise decisions; and, as I stated in an earlier post, once the balance tipped in our favor, assets snowballed very quickly. The markets turning around (stock and real estate) has been a significant factor for many posters. Most 25 year olds today haven't been able to reap much reward from that, other than of course coming into a healthier economy, etc.
Without help, the typical professional trajectory should already look Kinda promising at 25. That is to say, unless you are a savvy entrepreneur and wish to build wealth in a 9-5 job setting, I think you are likely to have a plan by the time you are 25.
What kind of "help" are you assuming people have had?
At 25 (previous posters age) my husband and I were a couple of years out of college, newlyweds, and new parents. IIRC, our HHI was around $55,000-$60,000. We had student loans and credit card debt. Definitely negative net worth! We had some good fortune along the way, but we also made some mistakes. We had no financial "help" from anyone.
But a lot happens between your mid-20s and your mid-30s. Those are the fastest career growth years for most people. We just kept plugging away, working hard, trying to make wise decisions; and, as I stated in an earlier post, once the balance tipped in our favor, assets snowballed very quickly. The markets turning around (stock and real estate) has been a significant factor for many posters. Most 25 year olds today haven't been able to reap much reward from that, other than of course coming into a healthier economy, etc.
The last paragraph here is important, but I think it only happens that way if you're smart and know what to do with excess once you finally have some. When my husband and I were young with a couple of little kids we didn't have much either. It took just one good year of real estate investments paying off to change our life completely. I think if you were to ask those here that are doing so well most would tell you they eventually found a way to make their extra money work for them rather than getting every dime from working for someone else. You can earn a good living at a good job, but most don't get ahead/get rich just working for someone else.
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