They had either found a great one bedroom to rent or had purchased a condo somewhere in Manhattan when I graduated from college in 1999, a bunch of my fellow first-year classmates at GS proudly proclaimed.
During the time, we constantly scratched my head and wondered the way they could manage to spend $2,000+/month for rental or $500,000 for a flat whenever our base salary was just $40,000 at that time.
When I surely got to know my classmates better, however, we discovered many originated from extremely rich families. There was clearly a disproportionately many classmates whom visited personal universities. One classmate’s dad was in fact the Prime Minister of Canada. Another parents that are classmate’s GS Private Wealth Management clients, where in actuality the minimum become a customer had been having $25 million in investable assets.
Right Here I became, sharing a studio with my school that is high buddy a total of $1,800 per month because neither of us desired to invest over $1,000 30 days on lease. A later, my roommate abandoned me because his parents bought him a one-bedroom condo near the united nations building for $260,000 year. Given that had been a great deal.
With time, I’ve come to realize there’s absolutely no one certain solution to attain economic independency. Continue reading “Gain Financial Independence By Dependent On Your Moms And Dads For Cash”