Advice to get money to be independent?

SUGARBEAR

New Member
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
 
Keep it simple. This is YOUR LIFE, you are the MAIN CHARACTER.

1. Wake up. Pick a time. Do it everyday at the same time. You can achieve this goal and it makes you dependable and reliable.

2. Clean Yourself. Wash, Brush Teeth, get ready for the day and dress appropriately.

3. Clean your living environment. Make it your responsibility to control how you live. By doing so you will have more confidence in your ability to control outcome in your life.

4. Improve yourself. If each day you do something to improve who you are, you become more valuable to yourself and others.

Focus, make yourself your priority and make your life your goal, not a job. When you truly focus on making yourself something, work will find you.

Anytime my life gets hard or I feel like I am losing control I keep it simple. Focus on me and making it through a single day, taking care of myself and focusing on myself.
 
I'd think if a company fired me over an obvious medical issue that I would not want to work for that company anyway. I hope the teeth issues have been resolved OP!
 
1. Find something you're good at and become great at it

2. Learn something new everyday

3. Live your life through design. Figure out what you want to do and what you would need to do to get there. Then if it seems achievable to you, find the most important next step and take action

When you start to master skills you become a valuable asset to people with money and they will exchange that money for your talents. My main income producer is I find secure assets for banks to invest in (real estate). When I find these properties, I have private lenders lend me money to buy and rehab the property. Then I show it to the bank and they cut me a check for 80% of the value of the property. Of course they want the money back, so they tell me to pay it back monthly. It doesn't matter to me though, because my tenants pay that back and give me a few bucks in my pocket every month for watching over the property for the bank. Since everyone benefits in this situation, I get to keep doing it again and again and everyone stays happy. The reason I can do this is because I heard about it one day and I got interested. I then learned about it, got good at doing it, and now people love working with me.

So yeah, I'm basically just a slumlord. Lol. But I was trying to breakdown how the transaction actually works to help open your mind to the possibilities that may be out there for you and how to make them work.
 
1. Find something you're good at and become great at it

2. Learn something new everyday

3. Live your life through design. Figure out what you want to do and what you would need to do to get there. Then if it seems achievable to you, find the most important next step and take action

When you start to master skills you become a valuable asset to people with money and they will exchange that money for your talents.
My main income producer is I find secure assets for banks to invest in (real estate). When I find these properties, I have private lenders lend me money to buy and rehab the property. Then I show it to the bank and they cut me a check for 80% of the value of the property. Of course they want the money back, so they tell me to pay it back monthly. It doesn't matter to me though, because my tenants pay that back and give me a few bucks in my pocket every month for watching over the property for the bank. Since everyone benefits in this situation, I get to keep doing it again and again and everyone stays happy. The reason I can do this is because I heard about it one day and I got interested. I then learned about it, got good at doing it, and now people love working with me.

So yeah, I'm basically just a slumlord. Lol. But I was trying to breakdown how the transaction actually works to help open your mind to the possibilities that may be out there for you and how to make them work.
Yes. This right here.

It is depressing sometimes.

That almost sums up life.
 
1. Find something you're good at and become great at it

2. Learn something new everyday

3. Live your life through design. Figure out what you want to do and what you would need to do to get there. Then if it seems achievable to you, find the most important next step and take action
Man fuck that just take a DNA test and apply for affirmative action benefits, if I recall February is Black history month, I'm sure there are progressive businesses offering incentives to their community.
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
Take advantage of living with your parents while you can. Any money you make: save it!

I lived with my mom until I was 26, too. Thanks to that, I was able to save up $40k (working full time for 5 years, started at $18/hour, went up to $19.50, then to $55k salary, then to $72k salary during that time) and buy my own house. I lived in an apartment for 6 months between moving out and moving in to my house and it was a shithole. Really wish I could've just not done the apartment and gone straight to my house.

Anyway, save your money. You didn't say what field you are in? What are your skills? What do you like to do?
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
What marketable skills have you developed over the last 26 years? The answer to that would help with providing guidance.
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
continuously upgrade the people you hang around with. If you hang out with 5 millionaires, you could be the 6th.
 
Sounds like a piece of shit job anyways. Any job that shitcans you that quick over something like that isn't a long term deal anyways. Find something you can tolerate that works with life every once in awhile. Most ppl leave jobs because they get to a snapping point, the place is too shitty to be there for any amount of time, and within the next few yrs they'll go through 10 more ppl
 
There is a high demand for that line of work rt now, way too many underqualified ppl that don't have enough training!
 
1. Find something you're good at and become great at it

2. Learn something new everyday

3. Live your life through design. Figure out what you want to do and what you would need to do to get there. Then if it seems achievable to you, find the most important next step and take action

When you start to master skills you become a valuable asset to people with money and they will exchange that money for your talents. My main income producer is I find secure assets for banks to invest in (real estate). When I find these properties, I have private lenders lend me money to buy and rehab the property. Then I show it to the bank and they cut me a check for 80% of the value of the property. Of course they want the money back, so they tell me to pay it back monthly. It doesn't matter to me though, because my tenants pay that back and give me a few bucks in my pocket every month for watching over the property for the bank. Since everyone benefits in this situation, I get to keep doing it again and again and everyone stays happy. The reason I can do this is because I heard about it one day and I got interested. I then learned about it, got good at doing it, and now people love working with me.

So yeah, I'm basically just a slumlord. Lol. But I was trying to breakdown how the transaction actually works to help open your mind to the possibilities that may be out there for you and how to make them work.
Do you have any advice for getting started in real estate? I've been wanting to get passive income like that for a bit
 
Do you have any advice for getting started in real estate? I've been wanting to get passive income like that for a bit
So I know I am not the one you asked but I invest in real estate as well. Start listening to the BiggerPockets podcast. Start reading some of their books too. They are probably the best resource on the internet nowadays for real estate investing. HUGE community that has blown up over the last 5-7 years. I would suggest a few books off the bat:
- Set for Life by Scott Trench
- The Book on Managing Rental Properties by Brandon Turner

That's what I did. And also find a local group and start going and hanging out with the real estate investors. You are the average of the 6 people you spend the most time with.

Look at this little thing: https://www.biggerpockets.com/blog/wp-content/uploads/2018/11/Best-Real-Estate-Books-Ever.pdf


Honestly, the BP podcast and a few books alone will keep you busy for a couple months. Just do realize that for every person on the podcast, there's 1000 more who fucked up and lost money, or barely scraped by breaking even after months of hard work and stress. A lot of those people didn't take the time to learn or they let their desperation to "get in" blind them and drive them into a deal that was actually really shitty. Listen, read, learn, then do it right.

For reference. I spent 2 years listening to podcasts, reading books, reading articles, and learning and networking here and there before I jumped in and bought by first property (a duplex to house hack--literally the best thing I've ever done financially other than a few insane penny stock trades that made a ton out of pure luck).

Other guys and girls have spent 5, 6, 7, 10 years learning before they felt comfortable jumping in. Some people learned a TON and never jumped in at all.

All I have to say don't rush yourself too much. Honestly the market is fucking crazy right now and the "investor" side of real estate is highly saturated. Prices are sky high almost everywhere, it's basically impossible to find a good deal on the MLS, and there is a TON of uncertainty with both domestic and international economics. However, the stock market is also at record highs too, so really just investing in general is difficult right now--and will likely only become more difficult for the middle and lower class.

Don't think you should jump in and buy a C class property, aka a $40k house that supposedly rents for $1000 per month and start raking in passive income. IMO your best bet is to save up and get a nice B class property. Flipping is fucking HARD right now due to prices and due to cost of construction and materials. Like, flipping is REALLY HARD right now. People are losing their shirts on shitty deals because they're desperate to jump in. Some of those people give up. Some of them learn a ton and then the next deal they make 6 figures on.

Most niches in real estate are NOT truly passive. They require work. Landlording can be easy, or it can be extremely stressful and VERY hard. Flipping houses is always hard and stressful and never passive. Investing in a real estate fund or syndication is much more passive AND can be less risky, but you also likely won't get the same returns.

Just dig into the knowledge pool out there. There's a fuck load of information.

Real estate is hard.

Take your time to learn and do it right. It WILL pay off.
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
Depending on how good you are with computers, Salesforce administrators make pretty decent money and you can learn enough to take the certification in six months or less. After that, learn PostgreSQL (or MYSQL, Oracle etc.) and intermediate level Excel and you can make 75k a year on the low end without ever going to college.

Add Matlab and basic Python or R programming to that and you’re looking at 100k+

Once you’re making money, set 10-20% of your income aside and buy ETFs (QQQ is great) on a consistent basis.
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
Well, this was in February. Now it's April. I hope all is well with you.
 
Got fired for being absentee from my temp job. My wisdom tooth was abscessed and I couldn't and/or didn't want to return to work in my post-operation condition. I'm not trusting of temp agencies anymore in the least. I had a direct hire that hasn't called back. Really want to move out for the first time. I'm 26, and remain hopeful. Is there something that helped you, in the past?
I ran an international high end food import/export company for 8 years, which I built from the ground up and was the CEO. At 26 years old I hit a million dollar revenue. I then of course (gloriously) crashed it into the ground due to my youthful ignorance lmao. BUT in that time, I learned ALOT about money and international business. The best advice I can give is; don't try to make money, make change. By not caring about money, and trying to effect and make change, you will be very fulfilled which will give you the drive needed for success. Also, change sells. period. EVERYBODY wants change, everybody will spend money on change. Find out what you love, what your passionate about, and go change the world. I GUARENTEE you, you'll get rich in every sense of the word, and quickly.
 
1. Find something you're good at and become great at it

2. Learn something new everyday

3. Live your life through design. Figure out what you want to do and what you would need to do to get there. Then if it seems achievable to you, find the most important next step and take action

When you start to master skills you become a valuable asset to people with money and they will exchange that money for your talents. My main income producer is I find secure assets for banks to invest in (real estate). When I find these properties, I have private lenders lend me money to buy and rehab the property. Then I show it to the bank and they cut me a check for 80% of the value of the property. Of course they want the money back, so they tell me to pay it back monthly. It doesn't matter to me though, because my tenants pay that back and give me a few bucks in my pocket every month for watching over the property for the bank. Since everyone benefits in this situation, I get to keep doing it again and again and everyone stays happy. The reason I can do this is because I heard about it one day and I got interested. I then learned about it, got good at doing it, and now people love working with me.

So yeah, I'm basically just a slumlord. Lol. But I was trying to breakdown how the transaction actually works to help open your mind to the possibilities that may be out there for you and how to make them work.
Thank you for your advice. Really find something you're good at and become great at it and learn something new everyday this is one of the most important things in life
 
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Thank you for your advice. Really find something you're good at and become great at it and learn something new everyday this is one of the most important things in life. Nick, TriceLoans (read more)
Some advice to get money and be independent:
pay down debts that stand in your way.
prioritize savings.
spend on what matters to you.
boost your income.
invest for the future
and be financially literate.
Good luck and take care of yourself along the way.
Nick, TriceLoans
 
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