Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How does one build wealth?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]If you come from no money, and no education about money, how do you build wealth? I spent my life broke, not for lack of hard work, but for lack of financial literacy on my parents part. That led to financial illiteracy on my part. Regular 9-6 job. Kids. The grind. It's just not working for me anymore. Not if I can do more. So, how does one even begin? Especially if they know nothing about stocks and investments and fear taking risks? [/quote] 1. earn a high income 2. dump max 19k into a 401k 3. dump max 5.5k into IRA 4. live life, enjoy life, contribute into 529 plan for children 5. money left over? pay down mortgage or buy real estate[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
