Feb 12, 2020
3:54:05pm
3:54:05pm
Maybe. But I don't think that is always the case. If you do it right, it can be set up that overtime
you never have to worry about a kid paying for his or her school because of the head start you started. I have seen it a couple families that the accumulation of wealth is to where grandparents pay for college and parents have enough because of the accumulation overtime they help pay for the house. Each generation then continues to pass that advantage down.
Not common with large families, but so many successful people started way farther ahead than I did and work just as hard.
Not common with large families, but so many successful people started way farther ahead than I did and work just as hard.
- Previous username
- jarocho
- Bio page
- Baron
- Joined
- Sep 1, 2006
- Last login
- May 4, 2024
- Total posts
- 94,189 (32,760 FO)
Messages
Time
2/12/20 8:30am
2/12/20 8:36am
2/12/20 8:39am
Goal north of 20%. It allows you to get ahead, protects against lean years, keeps expenses low, and allows for early
2/12/20 8:42am
2/12/20 8:50am
2/12/20 8:51am
2/12/20 8:58am
2/12/20 9:04am
2/12/20 9:09am
We make less than that with 3 kids and are still able to save 50% for retirement and we're very comfortable. And in
2/12/20 11:31am
2/12/20 1:00pm
2/12/20 2:20pm
2/12/20 3:39pm