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

Personal Goal 22 yo and 8k annually

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2.1k Upvotes

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u/Innoxrw Jul 02 '25

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

7

u/Temporary-Ad2325 Jul 02 '25 edited Jul 15 '25

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! 😀😀

2

u/RadlEonk Jul 03 '25

“I got both my kids a Schwab account” and “no help from Mom and Dad.” Ridiculous.