😢

[Deleted member 20097]

PCT01​

@Niko69
@the BULL
Moneymaxxing thread? I can’t keep coping as a wage slave as goodwill cashier, coming back home 10 every night just to starve and cry myself to sleep. I need to moneymaxx to move out of my shit 3 bedroom home with 9 Somalians living in it jfl. I can’t keep doing this

 

[Niklaus Mikaelson]

Well, best way to escape wageslaving is to start investing imo, but before you can do that you need money... What I'm planning on doing when I start my journey from 0-6 figures in a year is minimizing all my expenses as much as possible (would like to cut all my monthly expenses down to 650 USD a month letting me invest the rest). Work two random full time jobs and a part time on the weekend that earns me at least 35usd/hour (nightshift, warehousekoordinator, basic office job, parking ticket controller, window cleaner is the highest paying work for uneducated people I've noticed so far) until I get capital enough to start an LLC, all this while renting out my apartment through Airbnb, doing social media in the weekends (YouTube in the personal finance sector and Instagram for enjoyment and hopefully sponsors in the future), after I set up my LLC with the capital I would be investing every penny into long term stocks (indexfunds and so forth) in the beginning, then once I reach enough capital Into go I'll to real estate

 

[traveler]

Well, best way to escape wageslaving is to start investing imo, but before you can do that you need money... What I'm planning on doing when I start my journey from 0-6 figures in a year is minimizing all my expenses as much as possible (would like to cut all my monthly expenses down to 650 USD a month letting me invest the rest). Work two random full time jobs and a part time on the weekend that earns me at least 35usd/hour (nightshift, warehousekoordinator, basic office job, parking ticket controller, window cleaner is the highest paying work for uneducated people I've noticed so far) until I get capital enough to start an LLC, all this while renting out my apartment through Airbnb, doing social media in the weekends (YouTube in the personal finance sector and Instagram for enjoyment and hopefully sponsors in the future), after I set up my LLC with the capital I would be investing every penny into long term stocks (indexfunds and so forth) in the beginning, then once I reach enough capital Into go I'll to real estate

mirin

 

[Deleted member 20097]

Well, best way to escape wageslaving is to start investing imo, but before you can do that you need money... What I'm planning on doing when I start my journey from 0-6 figures in a year is minimizing all my expenses as much as possible (would like to cut all my monthly expenses down to 650 USD a month letting me invest the rest). Work two random full time jobs and a part time on the weekend that earns me at least 35usd/hour (nightshift, warehousekoordinator, basic office job, parking ticket controller, window cleaner is the highest paying work for uneducated people I've noticed so far) until I get capital enough to start an LLC, all this while renting out my apartment through Airbnb, doing social media in the weekends (YouTube in the personal finance sector and Instagram for enjoyment and hopefully sponsors in the future), after I set up my LLC with the capital I would be investing every penny into long term stocks (indexfunds and so forth) in the beginning, then once I reach enough capital Into go I'll to real estate

thanks for responding. Thing is I’m 17 so their are age restrictions to night shifts job, would defo do it when I can. I will take your advice and be a window cleaner for now, rn I get payed $12.80 per hour. Im thinking of being a barber here in AZ cuz they get payed $40 per cut for 30 min. You can make $120 per hour, some clients even tip you. My barber is the one that taught me all this. I’m great at self cutting so investing in equipment and going to barber school which takes 4 months to graduate sounds good, what do you think of this plan?

 

[Niklaus Mikaelson]

thanks for responding. Thing is I’m 17 so their are age restrictions to night shifts job, would defo do it when I can. I will take your advice and be a window cleaner for now, rn I get payed $12.80 per hour. Im thinking of being a barber here in AZ cuz they get payed $40 per cut for 30 min. You can make $120 per hour, some clients even tip you. My barber is the one that taught me all this. I’m great at self cutting so investing in equipment and going to barber school which takes 4 months to graduate sounds good, what do you think of this plan?

Sounds very good! Definitely use the skills you have, what I would recommend for you is watching some YouTube and gain some more knowledge since you're still young and have on of the best assets - your time. Look into some personal finance channels like the old Alex becker videos, Stephan Graham and so forth. Start investing asap and you'll be good to go. Edit: also live with your parents as long as you can deal with it mentally, you cut out one of the biggest expenses there is

 

[ChristianChad]

PCT01​

@Niko69
@the BULL
Moneymaxxing thread? I can’t keep coping as a wage slave as goodwill cashier, coming back home 10 every night just to starve and cry myself to sleep. I need to moneymaxx to move out of my shit 3 bedroom home with 9 Somalians living in it jfl. I can’t keep doing this

Jesus Christ where do you live? Why do you have 9 Somalians living with you?

 

[Deleted member 20097]

Jesus Christ where do you live? Why do you have 9 Somalians living with you?

Tempe Arizona, Somalians love having a whole tribe in one place jfl

 

[bara]

Age? Education?

 

[Deleted member 11126]

Sounds very good! Definitely use the skills you have, what I would recommend for you is watching some YouTube and gain some more knowledge since you're still young and have on of the best assets - your time. Look into some personal finance channels like the old Alex becker videos, Stephan Graham and so forth. Start investing asap and you'll be good to go. Edit: also live with your parents as long as you can deal with it mentally, you cut out one of the biggest expenses there is

Was Alex Becker ever legit I remember that guy back in 2019 but assumed he was a scammer...

 

[Deleted member 11126]

Well, best way to escape wageslaving is to start investing imo, but before you can do that you need money... What I'm planning on doing when I start my journey from 0-6 figures in a year is minimizing all my expenses as much as possible (would like to cut all my monthly expenses down to 650 USD a month letting me invest the rest). Work two random full time jobs and a part time on the weekend that earns me at least 35usd/hour (nightshift, warehousekoordinator, basic office job, parking ticket controller, window cleaner is the highest paying work for uneducated people I've noticed so far) until I get capital enough to start an LLC, all this while renting out my apartment through Airbnb, doing social media in the weekends (YouTube in the personal finance sector and Instagram for enjoyment and hopefully sponsors in the future), after I set up my LLC with the capital I would be investing every penny into long term stocks (indexfunds and so forth) in the beginning, then once I reach enough capital Into go I'll to real estate

What does LLC mean?

 

[Deleted member 16683]

thanks for responding. Thing is I’m 17 so their are age restrictions to night shifts job, would defo do it when I can. I will take your advice and be a window cleaner for now, rn I get payed $12.80 per hour. Im thinking of being a barber here in AZ cuz they get payed $40 per cut for 30 min. You can make $120 per hour, some clients even tip you. My barber is the one that taught me all this. I’m great at self cutting so investing in equipment and going to barber school which takes 4 months to graduate sounds good, what do you think of this plan?

why are you moved out at 17 living with somalians you could save more if you lived w ur parents

 

[bara]

What does LLC mean?

Limited liability company

 

[Deleted member 20097]

Age? Education?

17 going to my senior year tomorrow, graduate high school next year on May. I have a 3.9 gpa,

 

[bara]

17 going to my senior year tomorrow, graduate high school next year on May. I have a 3.9 gpa,

Do you have any plans to get into Uni? Trades?

 

[Deleted member 20097]

Do you have any plans to get into Uni? Trades?

I plan to go to trades

 

[bara]

I plan to go to trades

I don't have much advice to give on that then, but regardless I would say just stick it around until you graduate high school and continue to eat shit until you make it to trades.

It will suck for a while but you are almost there.

In the meantime you can learn about personal financial literacy so you know how to manage your money and learn about investment (do not invest until you have a sizeable amount of $ you can stash aside and forget about).

 

[Niklaus Mikaelson]

Was Alex Becker ever legit I remember that guy back in 2019 but assumed he was a scammer...

He says some good things on mindset, and he isn't seeling anything for the people watching his channel, only for people making over 200k/y or something like that

 

[Niklaus Mikaelson]

Was Alex Becker ever legit I remember that guy back in 2019 but assumed he was a scammer...

He says some good things on mindset, and he isn't seeling anything for the people watching his channel, only for people making over 200k/y

I don't have much advice to give on that then, but regardless I would say just stick it around until you graduate high school and continue to eat shit until you make it to trades.

It will suck for a while but you are almost there.

In the meantime you can learn about personal financial literacy so you know how to manage your money and learn about investment (do not invest until you have a sizeable amount of $ you can stash aside and forget about).

Why would you wait until having a sizable amount of capital available? I would argue that he should only have 3 months worth of living expenses and investing every single penny after that to get the most use out of his young age and take advantage of exponential growth

 

[bara]

Why would you wait until having a sizable amount of capital available? I would argue that he should only have 3 months worth of living expenses and investing every single penny after that to get the most use out of his young age and take advantage of exponential growth

Yes, my point was he should have an emergency fund (I should have elaborated), debts paid off, etc. before he considers investing.

I know many friends who started investing without taking caution and unfortunately would have to liquidate those investments when they needed some quick cash.