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Originally Posted by KTown
Easy, as Donald Trump says you have to spend money to make money. Instead of blowing my cash in my early 20's I bought a house at a good price. I paid more than I could afford at the time which was a stretch off the salary I was making back then. Then I started paying off the mortgage faster than normal, got my house re-appraised and took the equity out of my house and put a downpayment on houses in Regina before it boomed there.
I could have bought a lexus or something like that instead of driving my crapbox from high school back then and rent like some of my other friends did but I started investing my money, first investment was buying my house. It's a tax free investment if you think about it. I also started an RRSP when I was in college, I started at 18 throwing in $50 a month, its not hard. Its just living comfortably within your means and not getting suckered into living on credit and buying every nice new thing you see.
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Quote:
Originally Posted by KTown
Never got a dime from anyone for any of the things I got. My parents wouldn't give me money, they wanted to retire early and as soon as I finished college dad said move out or pay rent. So I moved out, being smart with your money is not hard. Driving a 96 Ford Escort for 14 years was hard, while all my friends where driving there nice trucks, BMW's, etc.
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There is no way you are disclosing everything here...if your story is true and you haven't left out some material information then I'm pretty sure you live in the land of make believe.