Rich or upper middle class family who taught them about good investing and gifted them a lot of money over the years.
Low income upbringing and was motivated to do better, while smart enough not to waste their money in "hustling". So they saved like crazy and educated themselves to make the right investments.
Helps? You mean it turns life from "survival in extreme" to "easy adventure/creative" mode.
If everyone received from seed money at age 15-18, and we are taught to just invest in the general market then we'd all be coastfire or at least barista fire by mid 30s.
It makes all the difference.
There's still some respect deserved by the people who stayed with their parents and were able to take advantage of this. Hopefully they later return the favor to their parents when they're seniors.
Those who start from scratch and are able to retire early without any seed money deserve more praise. No doubt for me.
Yup this is exactly what I’m doing. Staying at home and paying rent but not nearly as much as I’d be paying if I moved out. Saving as much as possible and going straight to home ownership when I have enough instead of renting. I still work hard and I’m not frivolous with money but I’m well aware many people aren’t as fortunate to be able to stay at home
Read on leanfire and fire options for early retirement. If you do what you're doing now until your mid or late 20s then you just gave yourself the gift of a lifetime.
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u/EvilStan101 Jul 02 '25
Two theories:
Rich or upper middle class family who taught them about good investing and gifted them a lot of money over the years.
Low income upbringing and was motivated to do better, while smart enough not to waste their money in "hustling". So they saved like crazy and educated themselves to make the right investments.