How To Build Wealth With a Low Paying Job In Your 20s!

I’m confused
95*12=$1140
1140 dollars a year saved x 45 years from 20-65 = $51,300
Where’s the million dollars coming from when saving 95 dollars a month?

Does my 401k from employment count towards my savings rate? I put 5% which my employer matches

I’m 18 and just got my first job. Insanely low paying, to the point where it irks me. But I’m excited. I want to flourish financially. I want to be secure.

I’m in my mid twenties and discovered your channel through Caleb Hammer! Going to open a retirement account this month so I can start saving.

I’m 23 and I’m so glad I found this channel. All I see on social media is the extremes like Ramsey. It’s nice to find a channel that is in the middle ground.

You know, I really want to earn more. I think that I deserve more, and I would be so smart with my money! But this waiting is just making wealth that much more valuable. I’m just learning how much I hate not having money now so that I can learn to keep my real money more!

Watching this while in my 30's to see where I screwed up

So glad I started a 401k on my 21st birthday.

* cries in grad student w/ no employer match *

I thought this was about building wealth

I am 23 I wasted 7 years the next I am destined for wealthiness

I’m 26 and just started. I feel like I’m late to the party!

Side hustle that's very flexible is donating plasma. A company that I use is griffols. $150 a week. For donating twice a week.

Go Dawgs

Started at 25 wish I would have invested more...

You don’t

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The best thing to invest in is yourself. The returns are way more lol

I have 19 years old and thank goodness I ran to this! Bro, I wasted big on a car because the car I had was terrible, but for now on, I'm going to invest my money and save!

Love your videos. What would you recommend me, I can save around 1.5k a month into my brokerage account & im 25; first year of saving for me. Please give me advice

I’m 19 now. It seems painfully obvious how to create real wealth. It’s just whether I will have the discipline and foresight to do so.

My car payments are $209 each month. Guess I followed the advice before I even knew it was here 😊

Hey guys, new fan of the show. I'm a 23 year old college grad, and just landed my first job. When you say I need to "save 20-25%" (if I'm trying to be aggressive), would that mean INVEST 20-25 percent in an IRA/401k, or does that percentage encompass investment AND putting that money in a savings account? Example: 15% invest, 10% rainy day fund. Keep the good info coming!

21 y/o I have my own business covering my bills. So with my job I’m literally saving/investing 100% of my paycheck:)

I received great value from this video. I'm 24 now. I'm saving a bit more than I thought based on the formula that you stated in your video. Thank you.

I’m 21 years old saving about 900 dollars a month across my 401k Roth IRA and high interest saving account while living on my own it’s not hard to save 25 percent of income

I started investing at 26

I have to thank my late Grandfather for teaching me this as a teenager. I worked hard to gain a position as an engineer in an oil company. Have saved 85% in my full time job from starting age 22, to the present day at 27.5 where I’m in a very blessed position

Don’t know where they get their statistics(rhetorical) but I find it hard to believe people in their 20s make 45k. So many people in their 30 are making 25k to 35k. Maybe they included people with real degrees only or some variable is missing here. If you look at how many people don’t finish college and have thousands in student loans and make less than 35k it is an insane number.

Fidelity's FZROX or Charles Schwab's SWTSX. Fidelity has a penny minimum, and Schwab has a $1 minimum.

If I think I'm Rockin' retirement now, oh my, if I could go back to 20 but keep the knowledge in my 56 year old brain, I have no doubt that I would be close to 15 million. But there is no time machine, all I can do, is impart this knowledge to my daughters. You don't have to be a high earner, a teacher or like-employed public servant can do this.

Wish was in my 20s knowing what I know Now. Well Better late Than Never..