4min chapter

Financial Independence Podcast cover image

Scott Trench - Set for Life

Financial Independence Podcast

CHAPTER

How to Get Your First 25k

I published that episode way back in May of 2012. I started with basically zero, $3,000 in savings when I started my career. Once you achieve a high savings rate and accumulate maybe six months to a year more of this financial runway, people can begin to present themselves to investors as potential candidates for investments. You're also not likely to get a big raise at your job within the next year. People doubling their income in a corporate type situation is very unlikely. It's lower odds of success than maybe focusing on savings first.

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