And how much startup capital did your parents give you? :D
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@Sithz Actually, it was 0€—I earned it all myself :)
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•@SimonInvest04 And how does that work? 😃 Let's say you started an apprenticeship when you were 18. Your salary is about 500–600€. Let’s make it 800. That would be 38,000€ over 4 years. You’ll probably have spent some money on living expenses and fixed costs like your cell phone, car, sports, etc. Let’s say you saved 1/3 of that. So about 13,000€.
Where did the rest come from?
Where did the rest come from?
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•@Sithz I can summarize it roughly. I started my apprenticeship at 15, and I’d already saved up a bit and was making about €1,300. Then, by the time I was 18 and a half, I was already working full-time and earning a full salary. And since I was still living at home until a year ago, I had virtually no expenses and was able to put almost everything into my investment account.
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1111
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@SimonInvest04 Living at home with your parents is still the best life hack for building wealth ;-)
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•Not bad :P Hard-working little bee
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•@Krush82 Yeah, I did that for 8 years, too—saved 130k. Unfortunately, my parents raised me to play it safe, so I never bought any stocks.
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@Sithz Anything is possible—at that age, I was already making over 100k without a cent of support, and four years later, I was making 400k+.
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•@edwardmorra doing what?
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@alieb Do what needs to be done to achieve the things I want to achieve
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