this post was submitted on 12 Jul 2023
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Showerthoughts

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I'm turning 18 this year. My mom is a millennial (discuss.tchncs.de)
submitted 1 year ago by [email protected] to c/showerthoughts
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I'm most looking forward to investing in stocks.

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[–] Cybermass 2 points 1 year ago

Agreed, a higher paying job only helps up to a point. Being able to save money is the key factor in building wealth. You can't do it without a good paying job so that's a must but it doesn't mean you need to try for a job with 150k+ salary, especially if you hate the job and end up spending a bunch of your money on things that make you happy.

After the point where you are saving over 1k a month the most important thing is learning as much as you can about financial literacy and creating a diverse portfolio of assets.