300k net worth at 26 and I feel broke
Is this a never ending chase? I feel broke with $300k $250 in equity’s $50 in cash. I’ve had a TC of $200k plus the last three years and feel like I haven’t made any money. What are my options ? Am I poor ?#
Put all that on the side in the S&P and 20 years later it will be about $1.2M. Next paycheck buy something nice and fun to feel some reward for the hard work till you have the next $100k saved and keep that going.
Yes, my dude. You are poor. I was still living with 5 roommates when I made my first 300k TC. Once I made my first million I upgraded from my 1987 Subaru to a modern BMW. I just got a slight bump last year to now TC of 1.24 million and I would say that's about when you stop feeling poor in life. Keep grinding little bro, you'll get there.
how does one have 250 in equity and 50 in cash
You need to reestablish how you look at things. You are NOT broke and thinking you are diminishes how you view those who are truly struggling.
I feel like it's a never ending chase. I wouldnt say youre broke, but yeah you can't do too much with 300k especially in a place where everyone makes around your TC. The fact that you feel broke is a good thing, it means you're not pretending to be rich and spending all your money on stupid shit. Keep it up and definitely invest
Your problem is mental illness.
well you should
Same dude I have around 300k liquid nw same age and feel poor af.
Have enough to not think about day to day but not enough to make a big purchase of any sorts
Why do you feel broke lol. 300k is pretty good at your age