Hi everyone, this is my first post ever on reddit but would like to keep it short and simple.
Brief Overview:
– I just turned 22
– Netto income 6544.– from main job (including side hustles roughly 7-8k on average)
– 55k Savings with currently no open/active investments
– 15.7k Pillar 3a paid in full for this year
– Travelled to roughly 20 countries and lived in 3
– I have hit big on investments (Crypto Memecoins, especially day one adopter of Pepe) with a ATH Portfolio value of 450-500k USD however made some wrong decisions and only extracted a small portion. I don’t dwell on it anymore and the knowledge/experience I gained from that time is priceless to me. Especially considering I was 18-19 at the time
– Roughly 1.7k Fixed Expenses per month (Rent, Insurance, Food, Entertainment, Transport etc)
– Taxes Im unaware of due to me getting my new salary since 2 months
Also starting 4 month military service fully paid in July which means I will be able to save roughly 25k considering very little expenses.
– Target Net income by the end of my Military service (End of Oct.) is around 13-15k by adding additional revenue streams (side hustles)
What would you do in my situation. I have very ambitious goals for wealth creation, with the number one goal of being in a position to give everything and more back to my loved ones. In addition to this I want pure Autonomy when it comes to my work. Deciding on my own, how much, where and when. Following the practices of Naval Ravikant, by not renting out my time for money.
I understand I am in a very privileged position and am very grateful for this and constantly practice gratitude.
Thank you!