20 somethings,

Having roommates is a life hack

1 bedroom $1,200

3 bedroom $1800 or $600 each

Saving $600 per month for 3 years is $21,600

We aren’t even talking about investing or creating businesses..

You can be + $21,600 just by living with friends or family
Think about this, if you make $15 per hour you would need to work an extra 10 hours per week to create an extra $600 for the month

$15 x 10 = $150 per week

$150 x 4 weeks = $600 per month

“Money NOT going out, is the same as money coming in”
- Gerald Peters
I personally live with my brothers and a cousin for years

I would take my extra money and invest it back into my company

Take my company profits invest it into buying real estate and stocks

By the time I moved out I owned 6 rental properties and I was a millionaire
This works easily if you don’t have children

Think about this I would hit the gym with my brothers, play basketball, play video games, watch sports and work on my businesses everyday

Don’t overlook this advice, it’s really a cheat code on your journey to getting wealthy
You can even take this a step further with your close friends and family

If each person saves $600 per months and there’s 3 of y’all

$1800 per month saved

Every 12 months you guys wild have $21,600 saved.. you know what you can do with that, down payment on a rental house
3 years later each person would have their own rental property

Group economics is the way

You save extra money and spend that extra money on assets that produce income

Now your money is making you money and that money makes you money that makes you money

Wealth cycle
Here’s the formula

- Increase your income
- Decreased your cost of living
- Invest your money to buy assets that increase your income or appreciate in value

Repeat
You can follow @CJ_Johnson17th.
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