Man how do you got 300k net worth though, I’m 26 (got scared into your life will be shit unless you go to college) mostly cause the average income in my hometown is like 35k a year. Small town with a few wielding businesses. I am making a decent amount not 6 figures but close to 3/4 the way to it from working hard and shit (I have been trying to move up ~ every 2 years (got promoted to a senior role after my first year on the job, then was in that role before moving to my current one which got me a nice raise. I guess maybe idk what calculates net worth? But I mostly have 3k in savings like said. Around 2k in company stock and then I have my car but that’s on loan, paying that off Fast cause of depreciation since it was 5 year loan down to like 6500 from 11k but then I got 65k in priv/fed loans. What do I even do to build that up?
Eventually I will inherit a bunch of farm land that would probably build this up but I also wanna build that shit up myself
I don’t think my degree is useless entirely, management information systems so a business degree for IT, but knowing now I could have gotten Certificates instead. Unfortunately my high school didn’t have any computer class outside of a typing class so didn’t really know about it all that much then.
Entry level programmers at amazon can make over 100k / yr easily. Graduate at 21/22 and 300k net worth by 27 can be attained if frugal without any investments. And after ~5 years at big tech if you’re decent you’re probably making near or over 200 in total comp.
But it’s all relative. A ‘decent’ house in Seattle for example will be at least $1m so say goodbye to most of your savings for a 20% down payment. (decent is obviously relative as well)
While I agree with your general point, having 300K at age 27 is totally atypical, no matter what your politics are, unless you:
already come from wealth
scored a very high paying job immediately out of college
hit the lottery/struck it rich with cryptocurrencies
Man how do you got 300k net worth though, I’m 26 (got scared into your life will be shit unless you go to college) mostly cause the average income in my hometown is like 35k a year. Small town with a few wielding businesses. I am making a decent amount not 6 figures but close to 3/4 the way to it from working hard and shit (I have been trying to move up ~ every 2 years (got promoted to a senior role after my first year on the job, then was in that role before moving to my current one which got me a nice raise. I guess maybe idk what calculates net worth? But I mostly have 3k in savings like said. Around 2k in company stock and then I have my car but that’s on loan, paying that off Fast cause of depreciation since it was 5 year loan down to like 6500 from 11k but then I got 65k in priv/fed loans. What do I even do to build that up? Eventually I will inherit a bunch of farm land that would probably build this up but I also wanna build that shit up myself
I don’t think my degree is useless entirely, management information systems so a business degree for IT, but knowing now I could have gotten Certificates instead. Unfortunately my high school didn’t have any computer class outside of a typing class so didn’t really know about it all that much then.
Entry level programmers at amazon can make over 100k / yr easily. Graduate at 21/22 and 300k net worth by 27 can be attained if frugal without any investments. And after ~5 years at big tech if you’re decent you’re probably making near or over 200 in total comp.
But it’s all relative. A ‘decent’ house in Seattle for example will be at least $1m so say goodbye to most of your savings for a 20% down payment. (decent is obviously relative as well)