I am 34.
Cash: 159k
UT & Stocks: 0 at the moment.
sigh... actually in year 2010 (last year), my total expenses were around $80-100k. Otherwise, I would have $250k now.
Have been working for 10 years and actually could have saved $1k per mth easily, and that would mean about $120k till now. And the total projected savings should be $370k at current age.
Impossible? Not really. As mentioned, it is possible to save $1k per mth, and based on current age (10 years later), I will have $120k. Nothing surprising. I don't drive, don't smoke, social drinker. But during my early years of working, I indulged in gambling and lost every single cent I earned. Greed is the common word here.
Up to four years ago, my bank account was only $20k, but something very fortunate happened to me: the financial meltdown in 2008. I bought 3 lots of las vegas at $1.50 and sold them recently at $50 - which explains my current cash holdings at $159k.
I'm sorry for those who suffered during the crisis, but it brought me new life and I am treasuring it more.
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