Post: #1

Hi Guys, Happy Thanksgiving!

Anyway, Ill keep this short. I am 24, live in Bay Area, California, graduated last year with degree in Information Systems. Traveled Europe for 3 months upon graduation. Moved back home. Work as a Data Analyst for a start-up.

I know have about 9 months worth of Data Analyst experience so far. I save aprox. 2k a month while living at home. Have saved about 16k thus far. If I moved out and got my own place, I would have to live paycheck to paycheck with my low salary.

Overall I am looking to travel more, live abroad, start my own business, etc. What I am wondering is:What kind of goal should I set for myself?

Should I live at home for another year, and get up to 25k+? Then move abroad, and do my own thing? Or is it worth moving out now, and living paycheck to paycheck but being independent and able to actually have a girl come over?

In the end, is the sacrifice of living at home to save money outweigh an independent lifestyle at a young age?

I am also in NO debt at all. I am strcitly saving, so I am all ears for advice on how to save my money and invest. Sorry for all the questions, just kind of lost. Low paying job, live at home, no social life, and the cost of living is ridiculous.

Thanks!

Post: #2

(11-27-2014 08:14 PM)trojans10 Wrote:  Hi Guys, Happy Thanksgiving!

Anyway, Ill keep this short. I am 24, live in Bay Area, California, graduated last year with degree in Information Systems. Traveled Europe for 3 months upon graduation. Moved back home. Work as a Data Analyst for a start-up.

I know have about 9 months worth of Data Analyst experience so far. I save aprox. 2k a month while living at home. Have saved about 16k thus far. If I moved out and got my own place, I would have to live paycheck to paycheck with my low salary.

Overall I am looking to travel more, live abroad, start my own business, etc. What I am wondering is:What kind of goal should I set for myself?

Should I live at home for another year, and get up to 25k+? Then move abroad, and do my own thing? Or is it worth moving out now, and living paycheck to paycheck but being independent and able to actually have a girl come over?

In the end, is the sacrifice of living at home to save money outweigh an independent lifestyle at a young age?

I am also in NO debt at all. I am strcitly saving, so I am all ears for advice on how to save my money and invest. Sorry for all the questions, just kind of lost. Low paying job, live at home, no social life, and the cost of living is ridiculous.

Thanks!

Save your money for another year. If you aren't in excellent shape already, work on that too. Get rosetta stone off of torrent for free, start working on a language for an hour a day or more. It will be fun and will keep your mind sharp and pay dividends in the future. Heck, you can do a conversation exchange with some foreign chick in SF, another good way to learn and to bang.
At work, see if you can set yourself up to work part time remotely in the future. How you do this will depend on your specific work situation and your own personal attributes. Or perhaps steal a client or two to service remotely. You want to have at least some income stream in addition to your savings.
Lastly, being at your parents doesn't preclude bangs, it just calls for strategy. Roosh banged chicks consistently at his parents place, and that was in the suburbs of DC.
Bang at their place, or bring them back to your parents. You can make up whatever backstory you want.
Up your inner game and realize you've got it pretty good. You are in one of the most desirable cities in the world, with tons of hot and interesting women from everywhere. You have thousands saved up. You have a full time job and a good place to live. You are 24. You should feel pretty good about where you are in life. Have fun.

Post: #3

Pick one of the things you really want to do and do it now.

Do you want to travel more? Then do it now because once you get a higher position and earn more you're not going to be able to.

Or would you prefer to move abroad and find work? Do it now while you're not too far in your career.

Do you want to start your own business? Then do it now while you live at home and have no rent and low expenses.

Post: #4

(11-27-2014 08:14 PM)trojans10 Wrote:  Hi Guys, Happy Thanksgiving!

Anyway, Ill keep this short. I am 24, live in Bay Area, California, graduated last year with degree in Information Systems. Traveled Europe for 3 months upon graduation. Moved back home. Work as a Data Analyst for a start-up.

I know have about 9 months worth of Data Analyst experience so far. I save aprox. 2k a month while living at home. Have saved about 16k thus far. If I moved out and got my own place, I would have to live paycheck to paycheck with my low salary.

Overall I am looking to travel more, live abroad, start my own business, etc. What I am wondering is:What kind of goal should I set for myself?

Should I live at home for another year, and get up to 25k+? Then move abroad, and do my own thing? Or is it worth moving out now, and living paycheck to paycheck but being independent and able to actually have a girl come over?

In the end, is the sacrifice of living at home to save money outweigh an independent lifestyle at a young age?

I am also in NO debt at all. I am strcitly saving, so I am all ears for advice on how to save my money and invest. Sorry for all the questions, just kind of lost. Low paying job, live at home, no social life, and the cost of living is ridiculous.

Thanks!

I was originally going to skip over this thread, i'm quite glad i didn't.

I am in a very similar position as yourself. I'm 25 and i currently live at home.. i'm using this opportunity to save money for 1.5-2 years with the intention of moving abroad to also open a business on my own or in partnership.

Prior to my current living arrangements i lived out of home between the age of 20-22 with friends, this was my paycheck-paycheck era.. and while it was fun and i learned a lot about living independently if i had known what i know now i would of stayed at home and saved my money.

I returned home at 22 and saved for 8 months before heading to Europe and travelled, lived and worked for two years; my time over there is what inspired me to pursue a business abroad.

I'll echo what other's have said.. if this is what you really want to do, do it now while your in a position to do so, the independence will come with you moving abroad and instead of just having that you'll also be pursuing what you want to do. I know first hand the feeling of travelling and then returning home and living with the folks.. the NEED to reclaim that independence is incredibly strong, but if you can tough it out and save.. you'll be in the best possible position for the future.

Post: #5

Awesome responses so far. Thanks for the input guys. I do think saving for another year is the right move. Fund my 401k, stock some away in an IRA.. then create an emergency fund. Rest is for travel

Def. going to brush up on a new language.

I'd love to work abroad. Has anyone successfully found a job abroad prior to moving?

Post: #6

Yes, definitely stay home for a bit longer and bank your paychecks. 24 is still quite young. You'll have the economic stability that so many young men lack nowdays, resources that you can tap into later, and literally a greater sense of self-worth.

Give some time to your family, but try to be as active as possible in pursuit of your own, independent social life as well. Yeah, living with parents will cramp your style with the girls, but do make the effort to stay sharp, be social, make new friends and find girls/dates. Don't let your energy level plummet and get into a complete social rut while living at home. Take a language class or join a language exchange. Maybe seek out and talk with some people who are from/have traveled to the country(ies) you are interested in. Perhaps take a little vacation now, if you can afford it. These things will keep your inspiration up and prepare you for when you do cross that bridge into genuine independent living again.

Post: #7

I'm jealous...of the youth and insight you have on RVF. Great job saving $$ yet traveling as well.

Good advice here.

Post: #8

I did the same in the Bay Area. I could never bring girls over but I'd bang them at their place. I don't know where in the Bay you're from but I know even post college my friend just banged 15 in 4 months living in the Richmond. Tinder/daygame for all of them.

I hit 40 or so in 2 years in college, always at their place (minus 1, parents were out of town).

Like others have said, get in shape and game.

I have no knowledge of working overseas in your field though

Post: #9

Play now, work later.
Work now, play later.
Whatever you do last, you do longest.

I heard that from someone.

I'd try to have fun while living at home, but a man needs resources to live on his own terms.

You can always go to the chicks place if you have the right level of game.

Ok, now I am going to go back to spamming all threads with would little dark do, my moment of seriousness has passed.

Post: #10

(12-04-2014 08:31 PM)Sonoma Wrote:  I did the same in the Bay Area. I could never bring girls over but I'd bang them at their place. I don't know where in the Bay you're from but I know even post college my friend just banged 15 in 4 months living in the Richmond. Tinder/daygame for all of them.

I hit 40 or so in 2 years in college, always at their place (minus 1, parents were out of town).

Like others have said, get in shape and game.

I have no knowledge of working overseas in your field though

Thanks man, appreciate the input. Richmond SF or richmond?

(12-04-2014 08:45 PM)samsamsam Wrote:  Play now, work later.
Work now, play later.
Whatever you do last, you do longest.

I heard that from someone.

I'd try to have fun while living at home, but a man needs resources to live on his own terms.

You can always go to the chicks place if you have the right level of game.

Ok, now I am going to go back to spamming all threads with would little dark do, my moment of seriousness has passed.

Word. So i'm assuming its better to play while you are young and can play harder?!

Post: #11

^^ No, it means if you play hard when young, you will spend time trying to recover from the lack of resources, so you will work longer. This applies to the average person. A lot of guys can live a crazy lifestyle, blow all their cash and savings and somehow recover in the their 30s and 40s to build a substantial net worth so they don't have to work.

The power of compounding interest is huge. The sooner you can start having your resources work for you the sooner you are free. Read the Richest Man in Babylon.

Doesn't mean you can't have fun, plenty of guys have fun with NO MONEY. So go have fun now if you want, but don't eat into your savings. If you don't have a crazy personal life, then you have more time after work to work on your own roadmap to freedom.

But maybe you don't want to be free. I am not saying that to be rude, some people like the 9-5 corporate lifestyle. But most guys here don't, they want to be the captain of their ship. So have some fun, but don't waste your cash. Be smart with it. You mentioned in original post you want to start a business down the road, in addition to a great idea, you'll probably want resources to make sure you have a good shot of succeeding. Or at least a way to feed yourself while building it.

Post: #12

(12-05-2014 02:00 AM)samsamsam Wrote:  ^^ No, it means if you play hard when young, you will spend time trying to recover from the lack of resources, so you will work longer. This applies to the average person. A lot of guys can live a crazy lifestyle, blow all their cash and savings and somehow recover in the their 30s and 40s to build a substantial net worth so they don't have to work.

The power of compounding interest is huge. The sooner you can start having your resources work for you the sooner you are free. Read the Richest Man in Babylon.

Doesn't mean you can't have fun, plenty of guys have fun with NO MONEY. So go have fun now if you want, but don't eat into your savings. If you don't have a crazy personal life, then you have more time after work to work on your own roadmap to freedom.

But maybe you don't want to be free. I am not saying that to be rude, some people like the 9-5 corporate lifestyle. But most guys here don't, they want to be the captain of their ship. So have some fun, but don't waste your cash. Be smart with it. You mentioned in original post you want to start a business down the road, in addition to a great idea, you'll probably want resources to make sure you have a good shot of succeeding. Or at least a way to feed yourself while building it.

Cool man, thanks for elaborating further. I kinda assumed what you were getting at. Kind of the reason I moved back home after graduation. Wanted to save and develop a solid base.

Post: #13

Speaking from experience having done exactly what you're contemplating, I agree with Samsamsam 100%. I was fortunate in the sense I lived at home during school, and got most of it paid for with scholarships. I continued to live at home for another 1.5 years, since I actually graduated with money to finance a few fun, (albeit tame - Western Europe, Canada, USA) trips.

When I got a job for a change, I got one that required a ton of sacrifice, no real life outside work, but paid very well. I lived in shared housing, secondhand clothes and books, driving a 15 yo car. But I bet I've saved 80% of my pay in the 7 years I've been working, while I have friends who started working at graduation who have just paid off their student loans. Oh and they have like 25% equity in a condo. I see them cast in chains no different than Jacob Marley. Me? I'm early 30's, and my social life definitely took a decent hit. Some say I wasted my twenties. I'm out of shape from most of my meals coming on the road. But, the other side of the coin? I've had a few amazing trips to South America and Asia, I'm by far the most travelled of any of my friends, and most importantly, I'm free. I could literally stop working tomorrow, and move to Asia for a decade.

In short? Stay at home. Work more if anything. Better yourself with books, exercise, knowledge.