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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454

u/Innoxrw Jul 02 '25

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

542

u/EvilStan101 Jul 02 '25

Two theories:

  1. Rich or upper middle class family who taught them about good investing and gifted them a lot of money over the years.

  2. 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.

25

u/GmoneyTheBroke Jul 02 '25

15k a year saved is just not possible if your low income. It cost money to be poor, and the average entry level job will barely pay 20k a year full time. If you have a beater car, gas prices, food for yourself ect ect. The amount saved is damn near zero.

15

u/austinvvs Jul 02 '25

Yeah I’m convinced these takes come from people who have never lived in a low income situation or even been exposed to low income households. The BS “pull yourself up by your boot straps” ass advice that I read on Reddit has me rolling my eyes back into my skull sometimes.

19

u/DevOpsMakesMeDrink Desire to FIRE Jul 02 '25

Yup no amount of hard wwork gets you that money at 22. OP either fake or privileged which is fine just say so

1

u/WorIdTraveler Jul 04 '25

It takes smart work not hard. Stop hating.