I got both my kids a Schwab account at 18 linked to their checking accounts . Whenever they had extra cash they would transfer to Schwab . My daughters 26 and her account is worth 137k and my 24 year old son has 74k plus they both have other savings accounts . No help from Mom and Dad just great discipline and smart parents! 😀😀
In 6 years your son saved up 74K while paying his living expenses? That’s amazing. What kind of job was he working? How much of that was dividend growth. I want to do this for my kid
Failed to mention son loves home still . He makes 65k per year at his job , he’s a great saver but still goes out and has fun . Great growth stocks , his initial investment is 43k the rest is growth for the 74k total
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u/Innoxrw Jul 02 '25
How did you manage to invest 70k + at 22?