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Reply to "What’s your rags to riches story?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]31 making 325K a year. Not exactly 'rich' yet but by the time I'm 60... Anyway, my story is more of a middle class kid fighting tooth-and-nail to raise themselves up. Parents put me on a plane to college 500 miles away with 50% of the student loans in my name, a lot of love, and a work study program. Nothing else. No financial help upon grad. I turned that into $1.3 million in real estate, a small nest egg in the 401K, student loans paid off, car paid off, and a life I love. Also no kids so the money is mine free and clear. [/quote] i hate to be that person ..but 50% loans in your name lol as in they paid half of your college tuition? and they put you on a plane as in they bought a plane ticket? and no financial help upon grad as in they did support you in addition to paying loans during college? and what's turning that into real estate? real estate your family already owns? [/quote] Yep and I'm grateful for their generous help with college loans but I'm frank in the fact that I walked away with a good amount of college not to mention higher ed debt that lots of wealthier friends didn't have. It affected my choices from the moment I walked across that stage. The real estate is my own cash and sweat. My parents have their own properties and they believe (as I do) that at 21 you need to stand on your own feet or fall. Considering a lot of my millennial friends are still living in their old bedrooms or renting out shared accommodations with 2 or more people, I know that my hard work paid off. [/quote]
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