r/povertyfinance doesn't like me, but I'm sharing my success here.
While donating plasma I do video editing on my phone and during breaks at work
I've educated myself financially with YouTube and stuff online, I heard once that one of the biggest regrets people have is not learning financial skills early
I don't know how I did it exactly, just small wins building up I guess
I have $3000 in savings at 18, I'm making it out of the ghetto
byu/WinterMoist333 inFrugal
Posted by WinterMoist333
12 Comments
You’re 18 now. What are your short and long term plans going forward?
[deleted]
Nice. If you don’t have a credit card get one. Use it every month and pay it off fully every month. It’s really hard to rent without a good credit score, unless someone co-signs. A huge part of your credit score is just from how long you’ve had a credit card, so the earlier the better
Make sure you have that money in a HYSA.
lol $3k is how much it costs every month to rent:mortgage outside of the ghetto, so just keep doing that every month kid
you made $2000 in two weeks? go you. hope you get the validation you seem to crave. do yourself a favor and put your post history on private.
Don’t let anyone know you have that stash. And don’t ever let anyone guilt or finagle you out of your hard-earned money.
Good job keep going. Now let me let you in on a little secret right now everything you’re doing is so you can save money. At some point in the future when those numbers start to turn to six figures and you’re on the other side of this you’re going to realize what you did was so much more. What you’re going to realize is that it was never about saving money it was setting yourself up for the rest of your life and that even if you don’t hit that magical million it doesn’t even matter because you’ll be in a place of strength financially that you could do the things you’ve always wanted to do and beholden to no one you won’t realize that for a few more years because right now you’re all about savings..
Don’t tell anyone, especially family.
A few thousand more and I would personally hop online and do a lot of research of towns in your area that are still cheap but decent areas to live. Some of these might be boring towns, but it doesn’t matter. It’s normal to move to someplace temporarily before making another step up the ladder.
Also even if your area is stereotypically hood it’s possible that there might still be a neighborhood or section of town that is safe and decent. For instance in Philadelphia or even Baltimore there are sections that aren’t bad, but the rent is still very cheap because the area lacks development.
Poverty finance was fine, you’re leaving out the bit about using AI to “edit videos”
You said in another post you earn $350 a month but somehow went from $1000 in savings to $3000 in savings in 2 weeks. Something isn’t adding up. You post a lot, seems like you’re just farming karma, to be honest.