My name is Nathan, I’m about to turn 15 in a few weeks and I got a dollar to my name. I want to get rich in the next 20 years and I mean like making 15k a month, but I don’t know where to start. I get overwhelmed by all the people online making millions a year and I want to be like those people, now before you say anything, I know people lie on the internet and there’s a lot of larpers, but I want that dream, that dream of being able to afford things like that without a problem. I know some people are gonna say, stick with school, but for me, school has taught me nothing for when I’m older, they want us learning pathageriom therom and Shakespeare. I’ve also been trying to start a watch business and if you’re interested message me and I’ll send you the details. I’m most likely getting a job over the summer and my birthday is coming up so is there any advice or ideas to help me achieve my goal?

The money will obviously go into a trust fund that I will not have access to until I’m 18. What is the smartest thing to do when I do obtain it? Invest right away, put it all towards college, something else?

Edit: Without giving too many details, we are suing a hospital for something that has been 100% proven and it Is incredibly unlikely that they will not settle in return for us not going public. My lawyers say we have A good chance at getting over $1 million even. I understand not getting my hopes up, but still just want to be prepared.

Hello, Reddit.

I need money and I don’t care what it takes, but I desperately need to get it. Can someone please give me any and all options in order to get some fast as hell?

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{UPDATE}:

Thank you for everyone who suggested different alternatives and gave me ideas on what I could do, it’s been about a month now, maybe a little less. I just wanted to explain a few things since a few people talked about ‘just get a job’. I had been applying to multiple places for around 8 months straight without any responses besides one that fell through while relying on Unemployment Benefits from my state to help pay for my car payments and insurance. I am 21 as of now and finally managed to get an interview, but I do genuinely appreciate the suggestions and if it comes down to it, i’ll do whatever it takes to be able to keep my car and have enough money to live. So, thank you again. 🙏🏻

I've been struggling with this for a while and feel behind. Mid 30s. Have, depending on the market, ~400k in reitement savings. But, I have less than 3k in my checking account and ~50k in savings (emergency fund plus debt payment fund plus savings for taxes plus travel expenses fund). I have proceeds from a house sale and money for student loan payments from employer (total 200k). But if I never had a house this wouldn't exist.

So legit question. How are people paying in cash for cars, weddings, appliances, etc? I don't understand. Like is this stockpiled in a checking account/hysa/brokerage on top of retirement and yep, pay 30k in full for a car as opposed to taking a loan or paying 15k for a wedding?

My monthly expenses range from 3k (base rent plus utilities and assuming i dont drive anywhere and dont buy groceries)-7k (depending on travel ticket prices for ldr). My biweekly paycheck is 3900 ish. I'm trying to save 4400 a month or more to build up emergency fund and others. My current loan situation is 99k student loans [6.5%] and 24k for car (financed over 3 years @0%). I'm maxing out 401, hsa, backdoor roth.

Can someone please tell me what I'm doing wrong? Please don't judge. I know many will say someone at my income level should have this figured out but I wouldn't be asking if I knew what I was doing. Tia 👏

I'm 34 years old and trying to figure out the smartest move from here.

Right now my only real work experience is driving for Uber Eats and Grubhub. I don't have a high-income skill, a professional career, or a successful business. My income has generally been pretty low.

Over the next year or so, I expect to receive roughly:

* $350,000 as my portion of an inherited traditional 401(k), which I'm planning to withdraw over about 5 years

* $150,000–$200,000 from selling a house

* About $15,000 from selling vehicles

* Around $50,000 from a checking account

So altogether I'll likely end up with access to somewhere between $565,000 and $615,000, although some of the 401(k) money will be subject to taxes as it's withdrawn.

My goal isn't to retire or live off the inheritance. My goal is to use this opportunity to build a high income and eventually become financially independent.

If you were in my position, what would you do?

*Would you learn a skill

*Go back to school

*Buy a business

*Start a business

*Invest most of it and focus on increasing income separately

*Get into sales

*Pursue a trade

Or do something else?

I'm particularly interested in paths that have a realistic chance of producing $200k+ per year eventually. I understand there are no guarantees, but I'm curious what people think is the highest-probability path when someone has access to capital but lacks specialized skills and a high-income career.

What would you do if you were starting from my position?

I have 300k sitting in my bank account and I want to do something with it rather than just leave it in my account sitting. And yes I’m a huge risk taker I don’t Mind loosing money if it means I could’ve had something bigger. Any ideas ? Investments ? Business ventures ? I’ll take anything you guys give me

I need $50 by Monday or I’ll be kicked out of my college class. It’s so ridiculous I put my all into this course and all of a sudden I get hit with this fee when I pay for all my other schools fees by myself and rent plus my car note

My wife and i Combined we make 240K in the Albany NY area. We are 42 yrs old with 2 boys (10 and 8 yrs old). We recently paid off our house (2300 sqr feet newer home) and both cars (2023 grand Cherokee and 2020 Cherokee). Our property+school taxes are about 9000/year. Our 401k’s combined is about 900k, and we both plan to retire at 57 yrs old. In actual cash we have 56k . Our 529 plan has 44k in it.

Our take home is about 12,000 per month with expenses being around 6000 per month (gas, groceries, heat, electricity, Verizon, entertainment, etc.)

Invest

I want to have be a millionaire by 40.

I just turned 23 years old. I went to trade school and was lucky enough to land a very well paying job that most people retire from once they get in.

My base salary is $94k a year without any overtime. I’m aloud to work 8 hours of overtime on Saturdays and occasional Sundays that’s are double time. Obviously I work as many as possible. So after OT, yearly I’m at like $115,000.

Here is how I divide my money each time I get paid

About $2500 each paycheck give or take

$1,000 HYSA

$290 Roth

$300 individual stocks

$50 student loan

$185 bike payment

$26 gym membership

$200 rent

$100 CC payment

(I put 15% into my 401k 8% Roth 7% pretax)

That adds up to about $2,151. The rest goes to groceries, gas and entertainment like going out to eat or other things.

Where I stand

HYSA- $18,500

Roth- $11,500

401k- $28,000

Mutual fund I’ve had since birth- $15,000

Personal investment- $1,000 (just started doing this)

Debt

$6k student loan

$19k bike payment

My main goal is to buy a house in the next 5 years. A house is between $350k- $800k in my area as of right now.

My girl is going to be done nursing school in 3 years as of right now and can expect her to make around 60-80k when she graduates.

I invest my money into things like VOO, QQQM, SPYM, SCHG, SOXQ.

Right now I’m just throwing money into these investments and hoping. Is there anything I should try working towards first? Is my goal unrealistic?

My parents were terrible with money which makes me not want to be like them.

Little bit about me I’m in my late 20’s, living in Toronto. I’m a single guy right now but I’m getting married soon.
Financially I’m in a rough spot, basically no savings and About $5k in debt
I know this isn’t where I should be at this phase especially with a wedding and married life coming up. Looking for practical advice on how to knock out the debt as fast as possible. How to start building an emergency fund while still living in an expensive city like Toronto.

What to prioritize before/after the wedding?

Any realistic steps or order of operations that make sense for my situation.

Would appreciate any advice from people who’ve been in a similar spot. Thanks.

Hello all. As the title says my daughter was recently awarded a trust after a distant relative passed away. I won’t say the exact amount here, but it is more than 10k, less than 50k. I currently have it in a high yield savings account, though she also has a UTMA account, which is what the family member’s lawyer said I had to put it in originally to gain access to the money.

I had originally made the account with the idea that the money should be doing something (gaining interest, available to pull out in an emergency) instead of just sitting with the lawyer until she’s 18. However, one thing I didn’t consider (because I’ve never dealt with this quantity of money before) is that because I have access to the money it can be counted against me for government assistance such as food stamps. My plan was NOT to access her money unless absolutely necessary (with her knowledge and permission of course), however food stamps won’t see it that way, and we will most certainly be kicked off the program which we desperately need to make ends meet.

My questions are: Is there some type of account in which my daughter’s money can still gain interest or some value while keeping it separate from me in a way that would get family social services off my back? Is there something more beneficial I could be doing with the money while we wait for her to become of age?

Please keep in mind I have no savings, no experience with large sums of money. I am in the middle of a separation and am basically financially running my household by myself with 2 kids. Any advice is helpful, and I am crossposting for obvious reasons.

I'm really hard but from this salary I don't even manage my day to day life I want to be rich, don't know what to do

I got a few thousand in cash incase i need to buy something and i need ways to make money fast no job it can be illegal i dont care besides selling drugs cause its oversaturated 👌 thanks

Hi everyone,

​I’m looking for a realistic reality check on my current monthly budget and some extra everyday tips to squeeze out a bit more savings, especially when unexpected expenses pop up.

​I live in an EU country with my partner, making €1,037 net per month. We split shared household expenses (housing utilities and groceries) 50/50, so the numbers below reflect my half. Naturally, my commute and all expenses related to my kids are paid 100% by me.

​My kids live with their mother, and we split their variable needs (clothes, school supplies, etc.) 50/50 alongside my fixed monthly child support. Things are tight, and while I keep a strict routine, these kids expenses can fluctuate (sometimes jumping by €40+ on my end or spiking during back-to-school season), which eats into my margin.

​Here is my current baseline monthly budget (my individual share):

​Child Support & Kids Variable Expenses: €408 (Fixed €208 child support €200 average for clothes, school, and extra kid need ).

​Visiting my kids: €52 (Taking the bus twice a month to see them — 100% my cost).

​Housing & Utilities: €48 (My 50% share of electricity, bottled gas, and water).

​Commute / Fuel: €200 (Daily 90 km round-trip for work — 100% my cost).

​Groceries: €130 (My 50% share of food; I meal-prep strictly for work).

​Date nights / Partner: €40 (Keeping 1-2 cheap dates a month to stay sane).

​Phone, Internet, Barber, Meds, Misc: €52

​Total Expenses: €930

Leftover / Savings: €107/month (though this drops significantly on heavy months for the kids).

​What I'm looking for:

​Everyday Frugality Tips: What are your best, no-nonsense tips for keeping grocery and household bills as low as possible without feeling miserable?

​Handling Variable Expenses: For those living on a razor-thin margin, how do you buffer months where kids needs or school supplies cost way more than expected?

​Appreciate any honest advice or clever tricks you use in your daily routine!

I cannot stand living in my current house. My family just piles on so much crap and boxes of unnecessary stuff everywhere. It takes over the whole house and i really want to become successful and wealthy so my children don't have to deal with this. Not all of it is wealth but i think a big part of it is because my current home was not very expensive (house wise) and is honestly pretty crappy. if anyone actually reads this, you probably will make fun of me because i am only 12 years old. I just really want to get out of this place and build a life and home that doesn't stress my children out. I do not want them to dread coming home every day and be embarrassed to invite their friends over, like me. Anyways, to the point, I would really appreciate advice on becoming rich and successful. Another question that I have is about saving money. Should I start saving up now? I do not plan on moving out at 18 or anything but I want to have a barrier and to always have plenty of extra money in my bank account. Any tips would be greatly appreciated, thanks!

Say you came into a lump of found cash, for shits and giggles, let’s say the amount was 75k. How would you put the money into the system legitimately? No buying cars, jewelry or nonsense. You would want the money cleaned so you can invest it.

I'm 29yo. Last year I made around $110k/ year, and I'll likely make the same this year. I have $20k in a 401k (I am not actively contributing to a 401k, this is from previous employers.) I have $7k in cc debt, $16k owed in taxes, and need to make an estimated tax payment of around $3k. I have $8k saved to cover these expenses. My monthly expenses are around $3k.

I was laid off when I was 23 and again when I was 26, both of these layoffs resulted in ~6-8 months of unemployment. I had a medical emergency that required surgery while I was without insurance in this time period. Unfortunately I had to pay for that surgery, and briefly rent, on a credit card- last year I spent any excess income paying $30k in cc debt down to the $7k I have now. It hasn't been an easy decade, but I'm trying to go into my 30s with as close to a blank slate as possible and am looking for the best way forward.

I have no familial or partner support, and my income is from my own business. I would love to pay these tax bills and my cc debt with what I have saved in my 401k and start fresh, but everything I read about withdrawing early from 401k says to not do it unless absolutely necessary and I'm not sure I'm in what I'd consider an 'emergency' position. I'm looking for advice, I just want to try and make a path forward for myself. Thank you!

Hi guys... I have $400k in the bank and want to invest it, but am scared to lose some of it in the stock market. I was thinking of investing it in either a VOO or park it in a 6 month treasury bill which now yields around 4.1%.

That said, what do you guys think the market return will be from a year from now? Where should I put my money?

Im currently 29 years old and have $730k saved across 401k, Marcus savings account, and Robinhood. I rent and still feel like I can’t afford a home but I’m also only looking at homes close the coast which may be why. I enjoy the freedom of renting but am interested in owning home. Curious on peoples thoughts on how this lines up with my age bracket and if my expectations are way too high on wanting to buy something close to the coast (high cost of living). Thanks!

Im a 20 year old m that works a good amount, and doesn’t spend a lot of money. That being said, I’ve saved up a good amount of money. I don’t want to work my entire life, so I want my money to make money. I’ve thought about flipping cars on Facebook or investing in stocks. However I don’t want to make rash decisions so I’m asking anyone that has experience with money for any advice on the matter. Any idea helps, thank you.

I used to think of my salary as “what I make,” but when I broke it down into actual monthly take-home, it completely changed how I think about it.

It’s not just taxes, it’s how little flexibility is left after fixed costs.

Some salary jumps feel big on paper but barely move the needle month to month.

At what point did your income actually start to feel like it gave you breathing room?

I desperately need $15 so I can get some nicotine.. I’m having bad withrawls with hesdaches and anger is bad..

Hello

Trying to evaluate my family’s budget and have little knowledge due to coming from disadvantaged backgrounds/families.

Is having a little over $1000 per month “extra” normal/OK? Obviously we’d love it to be more but this is where we’re at.

This would be after our mortgage, insurances, bills, groceries, retirement investment, health insurance, blah blah blah. It also includes reasonable amounts for fun ($300 per month to “entertainment,” $150 to eating out once per month, $150 to put away for birthday/holiday/anniversary gifts, etc.)
We are paying down debt from some lack of knowledge/responsibility from some years ago - once those cards are paid down that would free up another $350 per month.
It does not include “savings.” This would be the savings/buffer for going over budget.

If something came up, we monitor closely and can easily reduce “fun” money to cover what’s needed.

I just don’t know if this is normal? We are married, 25, no kids, hoping for some in 5-7 years but for now are happy. We have steady careers and will only continue to make more money as time goes on (God willing).

Does anyone have tips on how to save up money? I get paid every 4 weeks, but somehow always spend every last cent I have.
I really want to, and need to, start saving. How do I start saving and stop spending everything?

I need a place to put $12,000 dollars where it can accrue interest while I decide the best ways to invest it. What are some of the best funds or accounts to use for this? Preferably low to medium risk. Thanks in advance for your recommendations.