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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26344776 No.26344776 [Reply] [Original]

It feels weird knowing that I'm only 21 and doing better financially than 99% of people between 18 and 44. I don't feel wealthy by any means, my net worth is a merely $84k, and yet this puts me in a better position than 99% of people due to how bad people are with managing and using their money.

A friend bragged about his new iPhone and its 3 cameras a few days ago in a group chat I'm in, so I guess that explains it all. My phone is 4 years old now.

>> No.26344815

Here's the table for those who want ro check where they stand financially compared to the rest.

https://dqydj.com/net-worth-by-age-calculator-united-states/

>> No.26344821
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26344821

>It feels weird knowing that I'm only 21 and doing better financially than 99% of people between 18 and 44. I don't feel wealthy by any means, my net worth is a merely $84k, and yet this puts me in a better position than 99% of people due to how bad people are with managing and using their money.

>A friend bragged about his new iPhone and its 3 cameras a few days ago in a group chat I'm in, so I guess that explains it all. My phone is 4 years old now.

>> No.26344840

this anon has heard of unn clearly

>> No.26344845
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26344845

>>26344776
ngmi kid

>> No.26345082

How is the average net worth between the ages 18-24 $28,000? Aren't most young adults in significant debt?

>> No.26345149
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26345149

>>26344776
>he thinks $84k makes him part of the 1%
Try $400k USD, per year.

>> No.26345195

>>26345082
Inherited wealth, friend. Some of them are lucky.

>> No.26345264

>>26344776
>$84k
>thinks he's hot shit
Lmao

>> No.26345299

>>26344776
I'm in the 2% for 30-34. /peperope

>> No.26345360

>>26344776
>in a group chat

Fuck off normie

>> No.26345399

>>26344776
How are people so shit with money that their net worth is only 100k by their 40's

>> No.26345436

>>26345082
They own a car probabbly

>> No.26345472

>>26345149
>>26345264
>>26344821
>>26344845
In one year I should have 200k which will allow me to use 15-20k of it to mortgage a house. I will be a homeowner at 22 and have lots of money to continue investing and getting passive income while I also get a job in the AI sector, which should put my income at ~$10,000/year from investments, $30,000-60,000 from job. Always knew I'm a winner since I was little, and now the numbers back it up.

>> No.26345525
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26345525

>>26345472
And I didn't even account for my crypto folio doing a 2-3x in the next few years. So yeah, 2 houses, a well paid job, passive income. Sounds good, 1% style baby

>> No.26345630

>>26345472
>ai sector
military?

>> No.26345637

>bragging about being less poor than your friends

>> No.26345878

>>26344776
what job do you have now?

>> No.26345934

>>26345630
Don't know yet. I like the idea of assisting the government for military action though, would be comfy job.

>>26345637
I would never show off my wealth and skills irl so I'm doing it here instead. I don't look at them as less because of how much money they don't have, unless they complain about money after buying the latest crap phones.

>> No.26345995

>>26344776
you’re in a good spot but from the way you’re speaking about yourself, sounds like you just have very stupid friends and you compare yourself to them alone, boosting your own ego. meanwhile, I have a new phone with 3 cameras AND still greater net worth and salary than you at your same age, yet I feel behind. why? because I’m an a friend circle of winners. do better, anon.

>> No.26346005

>>26345878
I work for myself doing online gigs for $3500-4500/month. I get paid in crypto so I don't pay tax on it, using Bitrefill for groceries and clothing when needed. I don't know how long I can do this which is the reason I'm studying Python and getting into AI now.

>> No.26346019

Fuck OP you are an annoying little shit. You have nothing and soon you will realize it.

>> No.26346122

>>26345995
I'm happy for you anon. I do need to get better, I am aware of that. That's the reason I decided to get into the tech sector instead of just staying in my current position. I could live off passive income in a year or two but I know for a fact it won't make me happy. I need more than financial freedom. I have big goals not just for me but for society. I want to create and improve.

>>26346019
I already have most but soon I'll have everything.

>> No.26346489

>>26345995
How do you have such a high salary and net worth at such a young age if you don’t mind me asking? I’m only a year younger than both of you so I was wondering if there’s ways for me to catch up

>> No.26347002

>>26346489
Tried many things until one worked. Took risks with no emotion. You could say it was luck or determination, probably both.
My salary is not sustainable, this gig can end in 5 months. I'm just milking it as long as I can while preparing my plan B (AI) in the background. Always have a plan B.

>> No.26347053

>>26346489
Also, there's no "catching up". Everyone has different goals, most people don't need to be millionaires. What matters the most is putting yourself in a position where you're 100% financially secure even if you were left with no job. That's not hard to achieve, most people don't due to extensive consumption and 0 investing.

>> No.26347211

>>26345995
yep, sounds like OP hangs out with a bunch of fucking losers. it's no good being a big fish in a small pond

>> No.26347992

>>26344776
>what are medians
kek

>> No.26348026

>>26345082
my net worth is just above 2k. I am 28. I want to die.

>> No.26348214
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26348214

>>26348026
Just do It then. Why the Fuck are you Stalling?

>> No.26348233
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26348233

>>26348214

>> No.26348514
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26348514

>>26348026
It's not too late to turn your life around. 28 is still quite young, you can still tap into your potential. Don't waste your years away on an underwater basketweaving imageboard.

>> No.26348578

>>26348514
ive been here since 2008. its too late for me on that front. just trying to make it gambling on the stock market now.