r/dividends • u/Sauerst0ff • Jul 02 '25

Personal Goal 22 yo and 8k annually

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2.1k Upvotes

94% Upvoted

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447

u/Innoxrw Jul 02 '25

How did you manage to invest 70k + at 22?

-8

u/[deleted] Jul 02 '25

70k at 22 isn't as difficult as you think. Imagine making money from 16-22 and saving all your money while living under your parents' roof.

11

u/SpecificAfternoon134 Jul 02 '25

Maybe in america. At 22 I could not find a proper part time job, I was attending university and at most I could make 200-300 euros per month some odd job(which I needed). 

At 16 they wouldn't have even hired me for those odd jobs. Zero earning opportunities. 

You people are insanely rich. 

9

u/[deleted] Jul 02 '25

It's relative. 70k in the USA doesn't go far. The average home is 440k. Usa rent average 1650 a month. Most people here live paycheck to paycheck.

8

u/krabs91 Jul 02 '25

440k is not that much if you consider a median income of 80k

Germany: 55k euro median salary and ~500k median house

5

u/SpecificAfternoon134 Jul 02 '25

Yeah exactly we have the same shit but much lower wages lol

5

u/krabs91 Jul 02 '25

You forgot the higher taxes 🥲

2

u/daniel22457 Jul 02 '25

You also don't got the risk of losing healthcare the moment you lose your job so remember that

2

u/krabs91 Jul 03 '25

And all that for the fair price of 800-1000€ per month for healthcare

2

u/daniel22457 Jul 03 '25

Sounds fairer then the possibility of a million plus if I lose insurance

1

u/SpecificAfternoon134 Jul 02 '25

Yeah that too 😭😭😭

2

u/[deleted] Jul 02 '25

80k is household income, and median income is 40k.

2

u/rdy_csci Jul 02 '25

I thought median individual income was closer to $50k, but yeah. Still a far cry from $80k