My parent covered my college expenses and I reduced them by going to a community college before going to Virginia Tech so that helped. After that I didn't receive any help from my parents financially on anything. By 30, I had bought a townhouse in a bad area. The only house I didn't make good money on and a valuable lesson on location is everything in RE. I'm guessing my investments may have been around $100,000 with real estate netting out to nothing.
Like most people I think most accumulation comes from 40 onward with the exception of those paying huge college bills.
One critical thing in life isn't making minor mistakes but avoiding the big ones. I always bounew cars but not ones that were high end so saving tens of thousands there allowed me more savings and the ability to spend money on at least one nice vacation, in those days skiing, without messing my finances up.
Like most people I think most accumulation comes from 40 onward with the exception of those paying huge college bills.
One critical thing in life isn't making minor mistakes but avoiding the big ones. I always bounew cars but not ones that were high end so saving tens of thousands there allowed me more savings and the ability to spend money on at least one nice vacation, in those days skiing, without messing my finances up.
Statistics: Posted by rich126 — Sat Jul 20, 2024 7:29 am