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Posts & Investments - #financialindependence

This is your daily reminder to stop comparing your salary, your portfolio, your network, YOUR JOURNEY to anyone else's. Focus on finding your own path to financial freedom, and most importantly, enjoy the journey. #financialfreedom #financialindependence
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What age did you become financially independent? In the world we live in it’s seemingly more difficult for young people to break away from being dependent on parental financial assistance. What’s your story? Unlike many of my peers, at the age of 17 I was working and providing for my own lifestyle, rent, college expenses, gas utilities etc as well as investing, having those 5 years of independence financially helped give me the tools to start my own family by age 22 and not just survive but to thrive. It was not easy often working multiple jobs while in college to graduate debt free, and now that I’m in my career job we are able to save for our own retirement as well as put money away towards our sons college. Having a mindset of how can I do something rather than I can’t because, has changed my life. #keepgrinding #financialindependence #longterm #invest #polloftheday

Before 1841.27%
Before 2528.57%
Before 3512.7%
Still depend on parents 17.46%
63 votes Ended 06/29/22
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What are YOU trying to create in your life? 👇 Most of us aren't born knowing what it is we want to be and do in this world. And that's okay. You don't have to know everything. But I'd like to challenge you to reflect on your life up to this point. We're all different. 🤔 What people, places, and moments have brought you the most joy? How can you create more of that in your life? For me, I loSee more
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The idea of setting aside money in case of emergencies is logical. This one action can also relieve a lot of financial stress. 💸 Take this a step further and imagine if you had 6-12 months of living expenses in a separate account. 💰💰 And let’s say you’ve been investing a percentage of every paycheck, and built up a solid nest egg in your investment account. 👩‍🍳 In this case, you might feel more conSee more
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How long it took me to reach money milestones: 💲 $0 net worth (Paid off $15K in student loan debt) > 1.5 years 💸 $50K net worth >> 3 years (I started in 2012 with $1,500 to open my first investing account) 💰 $100K invested >> 6 years 💰 $300K net worth >> 9 years 💰 $500K net worth >> work in progress!See more
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Invested in Roblox
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🏝️ Example of how early retirement works: Let’s say you are 25 and are able to invest $1,500 PER MONTH on your $50k/year salary (super impressive with a high savings rate, yet not impossible). In 25 years (at age 50), at the standard 7% expected rate of return, you would end up with over $1M ($1,174,562.82). This doesn't even account for the fact that later in their career, they will likely be earnSee more
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Added Shopify to long-term portfolio
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Question: Why do you invest 📈? https://youtu.be/BwVSLfuMKAk For me, the answer is FREEDOM. Don't get me wrong, money 💰 is amazing, and there's nothing like the thrill of seeing your stock pick blast out of the stratosphere 🚀 with double or triple digit gains. But what's the point of having money if you don't have time ⌛ to spend it, or people you love ❤️ to spend it on? I try to convince all my friends and family to invest because I want to see them succeed and one day have enough money to retire and ENJOY THEIR LIVES. I work to live, not live to work. So, if you're here, I want to congratulate you 👏 for already taking a HUGE step 👟 towards building a better life. Keep learning. Keep investing. Keep growing. You got this! So, what is YOUR main reason for investing? ------------------ IG post: https://bit.ly/2WPhFkU ------------------ Some other great posts on this topic: @brendanschema https://bit.ly/2V90vhQ @ctsshah https://bit.ly/3DDNDlg ------------------ #publiccommunity #growthnotgreed #longterm #motivation #investingformyfuture #financialfreedom #financialindependence

Saving for RETIREMENT18.03%
College fund for my KIDS3.86%
Caring for my PARENTS4.15%
Financial FREEDOM73.96%
699 votes Ended 09/09/21
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