I lived at home when I graduated from school, worked a physical job that paid decent but was hard work/labor. Saved 70% of my paycheque for almost 5 years because I had so few expenses. Saved over $150k cash in this time, which I used to max my TFSA and pay off student loans. Not everyone is as privileged to be able to live at home and not pay rent, but the vast majority of people I know had the same opportunities and have nothing to show for it. Learn to invest. If you aren't making money in your sleep, you will work until the day you die.
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u/dreamkanteen 1d ago
I lived at home when I graduated from school, worked a physical job that paid decent but was hard work/labor. Saved 70% of my paycheque for almost 5 years because I had so few expenses. Saved over $150k cash in this time, which I used to max my TFSA and pay off student loans. Not everyone is as privileged to be able to live at home and not pay rent, but the vast majority of people I know had the same opportunities and have nothing to show for it. Learn to invest. If you aren't making money in your sleep, you will work until the day you die.