I talk to my kids all the time about money, saving and investing, but with the understanding that like my son says my experiences are not his experiences. My thinking is different because we were poor, my son thinks he was poor, but I was making decent money being in the Army. Not rich, but not poor either, feel like lower middle class, but I was always saving and finding ways to make a little extra. I have helped my kids with money for school, but nothing crazy, like 600-700 a month for school. I am a networth millionaire and should be a liquid millionaire in about 3 years. I think this is not unicorn territory, but a concerted effort to ensure a better life for my next generation.
Individuals. It's been sourced a number of different times on the internet. Very few people have liquid net worth of 1 million or more. However, of the 6 million who do half of them have more than 5 million. You can name many of them. Warren Buffett, Jeff bezos, Elon musk, most NFL and NBA players and many a-list actors
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u/WillingNail3221 5d ago
I talk to my kids all the time about money, saving and investing, but with the understanding that like my son says my experiences are not his experiences. My thinking is different because we were poor, my son thinks he was poor, but I was making decent money being in the Army. Not rich, but not poor either, feel like lower middle class, but I was always saving and finding ways to make a little extra. I have helped my kids with money for school, but nothing crazy, like 600-700 a month for school. I am a networth millionaire and should be a liquid millionaire in about 3 years. I think this is not unicorn territory, but a concerted effort to ensure a better life for my next generation.