Ask HN: What are fastest paths to financial success?

Post by whb07 » Mon, Oct 12, 2020, 10:45 PM UTC

fardo wrote: post #6

Any work in big tech or finance companies that would pay at least 100k per year. This is because on what you've written, you've defined financial success for yourself as "a surefire way to retire by forty". Retirements, however, given a large and stable income, become primarily expense driven, when you run the numbers: reducing the amount you spend and consume when your salary exceeds most of your material needs is a…

Post by iordachej » Tue, Oct 13, 2020, 6:04 AM UTC

livingpunchbag wrote: post #9

Don't have kids. Study algorithms for interviews for Big Corps. Know where you're spending money on. What % goes to food, what % goes to hobbies, etc. Have low-cost hobbies.

Post by Slightofhand » Tue, Oct 13, 2020, 10:59 AM UTC

1ba9115454 wrote: post #12

Take a look at what you already have. Compare it with people who have less than you. Declare yourself successful. Done.

Post by hatboxreappoint » Tue, Oct 13, 2020, 11:02 AM UTC

fardo wrote: post #6

Any work in big tech or finance companies that would pay at least 100k per year. This is because on what you've written, you've defined financial success for yourself as "a surefire way to retire by forty". Retirements, however, given a large and stable income, become primarily expense driven, when you run the numbers: reducing the amount you spend and consume when your salary exceeds most of your material needs is a…

Post by kratom_sandwich » Tue, Oct 13, 2020, 6:57 PM UTC

justaguyhere wrote: post #4

ck425 wrote: post #3

Spend less, save more, invest. It's boring but it works, regardless of how much you're earning.

I am doing the first two, but no clue about the third. Any tips on where I should start?