User Power
Value/Post Ratio
200%
- Aug 25, 2021
- 19
- 38
I know the title may across whiny but nevertheless its how I feel and I'd love to hear from other fastlaners who traded their comfortable high paying slow lane jobs and entered the fastlane.
I read TMF over 10 years ago when I was 17 with dreams of hitting the fastlane but never executed on an any valid business idea to actually make it a reality.
Fast forward 10 years, two college drop outs, one completed finance degree and 3 jobs later and I have arrived at 100k per year software sales gig after a long but worthwhile grind. Im now in a position where I have saved over 100k, co own an apartment where the rental income basically means I live for free, barring no major repairs year to year.
But yet I don't feel financially secure, even though I enjoy my job and I am quite good at it I know I am one email away from having my comp plan adjusted or worse being fired. Who knows how long these bloated salaries will be paid for.
I am at a major crossroads as to how to increase my wealth to the next level and get off the hamster wheel of just making, saving and spending money without building up any equity in something.
Ive seen friends get involved in family businesses, cash out on stock options at startups or lucked out on crypto who have ended up with hundreds of thousands in the bank which is just further confirmation that I need a high salary just isn't going to cut it.
Obviously having a good salary, savings & low expenses gives me a head start but I'd love to hear from other fastlaners who traded their comfortable high paying slow lane jobs and entered the fastlane, did you dive right in and start a business, buy one or was it getting involve in real estate your route?
I read TMF over 10 years ago when I was 17 with dreams of hitting the fastlane but never executed on an any valid business idea to actually make it a reality.
Fast forward 10 years, two college drop outs, one completed finance degree and 3 jobs later and I have arrived at 100k per year software sales gig after a long but worthwhile grind. Im now in a position where I have saved over 100k, co own an apartment where the rental income basically means I live for free, barring no major repairs year to year.
But yet I don't feel financially secure, even though I enjoy my job and I am quite good at it I know I am one email away from having my comp plan adjusted or worse being fired. Who knows how long these bloated salaries will be paid for.
I am at a major crossroads as to how to increase my wealth to the next level and get off the hamster wheel of just making, saving and spending money without building up any equity in something.
Ive seen friends get involved in family businesses, cash out on stock options at startups or lucked out on crypto who have ended up with hundreds of thousands in the bank which is just further confirmation that I need a high salary just isn't going to cut it.
Obviously having a good salary, savings & low expenses gives me a head start but I'd love to hear from other fastlaners who traded their comfortable high paying slow lane jobs and entered the fastlane, did you dive right in and start a business, buy one or was it getting involve in real estate your route?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.