I just turned 29, so I havenâ€™t crossed the hump into my 30â€™s yet. But Iâ€™m old enough to be able to reflect on everything that happened in my 20â€™s, and make determinations about how different decisions panned out in the long term. Just a few biographical materials to give these decisions a bit more context. I graduated from college at 21, and didnâ€™t enter a job in my field. I got married at 24. I bought my first house at 27. I started the career Iâ€™m in now at 27 as well. I donâ€™t have any real debt, other than the house. Basically, at this point in my life Iâ€™m feeling happier than Iâ€™ve ever felt before. I think thereâ€™s good stuff ahead: starting a family, traveling, spending more time with people I love, etc. But all of that good stuff is based on beneficial financial decisions that happened within this past decade. I canâ€™t take credit for all of them. Many of them were given or even imposed upon me. But Iâ€™m still benefiting from them years down the line.
- I Had no School Debt. All of this credit goes to my parents, who were not going to let me take out a loan to go to school. Iâ€™m not 100% against school loans, but I had no idea what I was doing in life when I entered school. Expensive education would have been wasted on me, so Iâ€™m glad I didnâ€™t go to an expensive college. The thing is, a lot of people from my generation who did know what they were doing when they entered college, still didnâ€™t get a good job on the other side of graduation. Weâ€™re the same in that regard. The difference is, I didnâ€™t have any debt weighing me down when I graduated.
- I Got Married. I donâ€™t think that everybody should get married, and Iâ€™m not even an outspoken advocate for the institution. BUT, it worked out for me. I fell in love with my wife really quickly, and we got married just about 5 months after we met. Thatâ€™s crazy to think about now, but itâ€™s also crazy to imagine life without her. Getting married forced me to think about life in a different way. I went through several jobs within a few years, looking for something where I could enjoy my work as well as make money. It motivated me to move us to a different city that had more employment than the one we were living in. It forced me to start investing through Forex investments, mutual funds, and most importantly real estate.
- I Bought a House. We were already under contract when my wifeâ€™s father announced that he was giving us a bunch of money to help pay for the house. We now have that in the form of equity, and itâ€™s a life-changer. In a few years, weâ€™ll own our house outright, and our living expenses will go way down. Itâ€™ll be a lot easier to do things we enjoy, as well as start a family, from here on out.
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