How To Be Rich At EVERY AGE (hit these targets)

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  • Опубликовано: 11 июн 2023
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    Today I'll be going over exactly how much money you need to make by every age according to the data!
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Комментарии • 378

  • @marktilbury
    @marktilbury  10 месяцев назад +4

    👉 Click this link to get up to 16 free stocks from moomoo U.S + a $100 cash reward! j.moomoo.com/00xsGK
    (Terms & conditions apply)

  • @eekkokoko5284
    @eekkokoko5284 11 месяцев назад +76

    making 70k a year, 35 years old. just started investing 8 months ago and im up 50%, alot thanks to NVDIA and other stocks. Love it! Biggest takeaway from everything i learned the last year: The biggest turning point is just starting to invest, doesnt matter how much, only thing that matters is that you start, and only invest in what you understand and know, never listen to anyone just go for what you belive in!

    • @cosna893
      @cosna893 11 месяцев назад +12

      Up 50% is insanely good

    • @marktilbury
      @marktilbury  11 месяцев назад +14

      Hi, great job 👏, biggest takeaway from this is “ Just Start Investing “ then the habit builds. Don’t wait to long. Thanks for your support MT 😎

    • @jacobsolomon427
      @jacobsolomon427 11 месяцев назад +2

      You got lucky with nvda, are you doing technical analysis or following a trader/investor?

    • @ivermektin6874
      @ivermektin6874 11 месяцев назад

      The first hit is free

    • @AdolphusHitler-in4ee
      @AdolphusHitler-in4ee 11 месяцев назад

      Good bro one time you put your whole worth in apple, google, microsoft, you earn so much money 🤫99.99% gurantty you not loose nd not become homless

  • @cameron-white
    @cameron-white 11 месяцев назад +211

    I’m not sure if this would be challenging or not, but would you consider adding GBP to your videos for us fans in the UK? For example: “$34,448, or £27,534 if you’re in the UK”.

    • @X3non207
      @X3non207 11 месяцев назад +7

      Every state is different, the uk has an obviously bigger currency so people get more, try to hit even more to be considered richer

    • @ahannaogbonna3029
      @ahannaogbonna3029 11 месяцев назад +16

      ​@@X3non207it's completely the opposite here in the UK you get paid less

    • @ahannaogbonna3029
      @ahannaogbonna3029 11 месяцев назад +12

      ​@@X3non207in the UK £12 an hour is considered a good salary and in America is not even a minimum wage

    • @marktilbury
      @marktilbury  11 месяцев назад +83

      Hi, I don’t want to add to many figures to a video and it’s easier to use dollars as it’s the worlds currency. But what I would do is substitute the $ for £ and keep the numbers the same, then you will be doing just great. Thanks MT 😎

    • @cc-sj6oe
      @cc-sj6oe 11 месяцев назад +5

      @@ahannaogbonna3029 £12 an hour definitely isn't a good salary

  • @waterdillown
    @waterdillown 11 месяцев назад +37

    Glad I came across this video as I was literally just thinking about this earlier today. Going on 28, job that pays $57k and nearly $70k next year, have an employer-matching 401(k) and Roth IRA, invested in stocks/precious metals, and bought my first rental/investment property last year. Hard not to compare yourself to others, so it’s really encouraging to know that I’m actually doing well for my age.

    • @ThyWorshipMetal
      @ThyWorshipMetal 10 месяцев назад

      I’m 28 next year and I’m on half of what you are on and I’m one of the best paid in my age bracket I know 😅

    • @TechMorePayLess
      @TechMorePayLess 10 месяцев назад

      Damn Im the elon musk for my age group lol

  • @yellowissac8516
    @yellowissac8516 11 месяцев назад

    Thanks for the video, I’m 14 years old and this video helped me understand more and about business and prepare for my whole life, thank u once again! 👍

  • @PV-ch4kh
    @PV-ch4kh 11 месяцев назад +5

    Thank you Mark , from France for all of your advices

  • @ClassyCork
    @ClassyCork 11 месяцев назад +56

    Thank you so much Mark for this video. With these clear goals in mind I don't have to question whether my goals are too easy or too difficult to achieve. I may only be 13 now but 13 is the legal age you can start work which is exactly what I've used to my advantage, see you at the top...

    • @Planko991
      @Planko991 11 месяцев назад +9

      Respect. With 13 i only focused on school. You will make it very far.

    • @marktilbury
      @marktilbury  11 месяцев назад +16

      Hi. Great job 👏 with this go get it mind set you will do very well my friend. MT 😎

    • @rohithmohan0
      @rohithmohan0 11 месяцев назад +3

      Hey! exactly same here mahn! I'm only 13 and I am really looking forward to be the richest in my family. My goal is to start a business and become financial independent cuz even near my area I saw a lot of people struggling with money and I dont want that struggle!

    • @harrypell2603
      @harrypell2603 11 месяцев назад +1

      @@rohithmohan0 That’s the spirit 😊👍

    • @Check_Hook
      @Check_Hook 8 месяцев назад +1

      Im 14, turning 15 soon. Keep ur heads up! See you at the top (hopefully)

  • @danielkaniowski5694
    @danielkaniowski5694 11 месяцев назад +1

    I’m very lucky to have just escaped the trap of not understanding finances in my early 20s. Only really got my act together for the last year or two (I.e., steered clear of any payment plans / credit on things I couldn’t afford otherwise) and for the first time in my life my net worth is a positive number rather than negative. For anyone who got themselves In a sticky situation with credit cards, finance and loans. All it takes is being honest with yourself as to what you can and can’t afford and budgeting;it’s only once you actually detail all expenses and give yourself an allowance that things start to look up

  • @mask8099
    @mask8099 11 месяцев назад +2

    This is a great video for people (mainly young people) who don't already have their finances in order, but for the few that actually want to get truly wealthy this sets the bar unbelievably low.

  • @redaas2639
    @redaas2639 11 месяцев назад +3

    Even though I know you sir for only one month but you inspire me very much during this time. I appreciate what you do a lot.❤

  • @juanmontes7878
    @juanmontes7878 11 месяцев назад +16

    22, turned my hobby into a career making 70k a year. ~60k net worth, 780+ credit score.
    I have yet to start investing though.
    Pretty much attribute everything to the way my parents raised me.

    • @juanmontes7878
      @juanmontes7878 11 месяцев назад +1

      @@wunna5680 Parents had me as an authorized user under their credit card when I was younger. Though I never used it, it helped me build credit.
      Ever since 18, pretty much use credit cards as debit cards.

    • @wunna5680
      @wunna5680 11 месяцев назад +1

      @@juanmontes7878 alright cool , I didn’t know that was a thing . I thought you had a certain bank / credit line . All good thank you for responding tho and take care boss

    • @Wing__King
      @Wing__King 11 месяцев назад

      What is your hobby and is it a business?

  • @stardiamond1794
    @stardiamond1794 11 месяцев назад +60

    I used to be so scared of the stock market cuz of all the misinformation when I first learnt about it at 19, but now it’s my goal to invest in it before I’m 24

    • @marktilbury
      @marktilbury  11 месяцев назад +23

      Hi, there’s no better time than today! MT 😎

    • @chada75
      @chada75 11 месяцев назад +2

      Do it now. What are waiting on?

    • @jacobrowland6319
      @jacobrowland6319 11 месяцев назад

      Best advice is if you have spare cash then pick a stock and keep going

    • @deecee2174
      @deecee2174 11 месяцев назад

      Find a stock in an industry you understand, with a company whose management you like, and a company that is stable in profitability and debt, and most importantly IMO make sure its book value is lower than its market value

  • @specter1096867II
    @specter1096867II 11 месяцев назад +1

    I want to take my time to say thanks mark. Im in the military and i don’t have much of a freedom to increase my pay other than promotion since its funded by taxes. This wake me up and wish school taught us instead of filler subjects that meets their “criteria” whatever that means.

  • @DeanDanis
    @DeanDanis 10 месяцев назад

    Thanks Mark, youre advice is always welcomed.

  • @visioxgameryt7724
    @visioxgameryt7724 11 месяцев назад +2

    Mr marks channel is gold for a 15 year old who wants money, Thanks sir

  • @YoRHaUnit2Babe
    @YoRHaUnit2Babe 11 месяцев назад +2

    I started Daytrading, with quite a high level of success too.
    apparantly I'm quite decent at it so I'm goanna keep it up.

  • @AzaanKingKhan
    @AzaanKingKhan 11 месяцев назад +5

    Love your content helps me a lot.

  • @KpxUrz5745
    @KpxUrz5745 11 месяцев назад +9

    Mark is quite correct with these decade by decade scenarios: the potential for all us normal working folks. I have followed the stock market for quite a few years (decades). One important point I can vouch for is that it takes money to make even more money. It amplifies and grows on itself in a miraculous way if well handled. Now the 3 cornerstones of my burgeoning investments are: stock appreciation, dividends, and selling option premium such as covered calls. It can seem difficult in the early years, where real wealth seems far off and elusive. But stick with the plan, develop your skills, and over time it WILL pay off.

    • @entorid6902
      @entorid6902 11 месяцев назад +2

      I feel like most people do the mistake that when they young they just don't care about money and spend it like crazy, and when they in their 30-40s complain that rich get richer

    • @KpxUrz5745
      @KpxUrz5745 11 месяцев назад

      @@entorid6902 Exactly.

  • @christophercarter954
    @christophercarter954 11 месяцев назад

    Thank you for your honest and genuine answers at weston much appreciated

  • @adamsutcliffe2394
    @adamsutcliffe2394 11 месяцев назад +3

    Another great video, thanks! As a financial adviser I'd even say to get life insurance fixed in your early 20s/30s as it will save you $1000s over the duration of a policy (based on NZ) 👍

    • @ce244
      @ce244 Месяц назад +1

      And hold it in your superannuation

  • @mnunley010
    @mnunley010 11 месяцев назад +1

    I’m 32. No money. Started a video production business 7 years ago but have no idea what I’m doing. I think I’m a good filmmaker but a bad businessperson. I used credit cards to buy equipment, didn’t make the money to pay it back, now my credit score is destroyed and I’m kneecapped with all the debt. What little revenue I do generate seems to go all towards paying off what I owe, preventing from expanding my business. I feel stuck and don’t know what to do. Been spinning my wheels for years going nowhere. It’s difficult for me to hold down a traditional type of job because I have some health complications where I can’t always be at work every day without some degree of physical pain. I’m not blaming anyone and realize I’m not entitled to anything but I am tired of being broke. I moved back in with my parents two years ago because I can’t afford a place on my own.

  • @theccboychampion2447
    @theccboychampion2447 11 месяцев назад +20

    As a thirteen year old watching your video, it has helped me a lot to have a clear perspective of what to expect for my future finances. Thanks!

    • @coppervalley_1660
      @coppervalley_1660 11 месяцев назад +2

      me aswell.
      but i recommend this:
      start even earlier with a few jobs to get initial capital
      then invest 70-100% of that money
      repeat this cycle
      i do t really see how you won’t hit 200k+ before 20
      i’ve already started (3 months ago) with a job, and i’m at 10k now

    • @Darnellgenard
      @Darnellgenard 11 месяцев назад +4

      Y’all way ahead of the game I was playing Pokémon 😂

    • @jaymcbakerk
      @jaymcbakerk 11 месяцев назад

      No, this guy is just another clown saying things that push the buttons of people who don’t know any better. All he says is basic advice like “invest in stocks”. He doesn’t actually provide any amazing guidance

    • @theccboychampion2447
      @theccboychampion2447 11 месяцев назад

      @@jaymcbakerk owh... Could you recommend someone who gives specific feedback and guidance?

    • @tscharon_5282
      @tscharon_5282 11 месяцев назад +1

      @@coppervalley_1660 U telling me that someone pays a thirteen year old 3.3k a month???

  • @clementzitoun7548
    @clementzitoun7548 11 месяцев назад +1

    Lovely and incredible video as always. Thanks a lot 🙏

  • @DisruptorDialogues
    @DisruptorDialogues 10 месяцев назад +5

    Mark, you've hit the nail on the head! As someone who's navigated the ups and downs of entrepreneurship, I can't stress enough the importance of investing in oneself. It's like you're reading my life's playbook! I remember when I was in my late teens, I was investing in my fitness consultancy skills, and it paid off in the long run.
    And oh, the student loans! They were a nightmare, but I managed to pay them off by my late 20s. It was a huge relief, I tell you. I also agree with your point about credit cards. They can be a double-edged sword, but if used wisely, they can be a great tool for building credit score.
    Your advice about investing in the stock market is spot on. I've been investing in stocks and it has indeed been a great way to build wealth over time. And yes, the importance of being financially independent from parents cannot be overstated. It's a crucial step towards financial maturity.
    Your point about focusing too much on saving and not enough on earning resonates with me. I've seen many people fall into this trap. It's all about striking the right balance.
    Finally, your advice about planning for an exit if you own a business is something I wish more people knew. It's a crucial part of the entrepreneurial journey that often gets overlooked.
    Thanks for the insightful video, Mark. It's like a roadmap for financial success. Keep up the great work!

  • @Seppuku111
    @Seppuku111 11 месяцев назад +1

    Great video as always Mark! Thanks for the wonderful advice!

  • @johnobrien9971
    @johnobrien9971 11 месяцев назад +7

    38. Mortgage fully paid off, 2 buy to let's bought, 25k in pension, net worth 500k. Getting there Mark

    • @marktilbury
      @marktilbury  11 месяцев назад +1

      Hi, that’s well on your way, it’s so cool do many of the comments are people doing well and also people being inspired to do well. Great job 👏 MT 😎

    • @johnobrien9971
      @johnobrien9971 11 месяцев назад

      @@marktilbury the type of person watching videos like this are financially aware. Its the ones not watching videos and learning finance we should be worried about. That was me until 26, then I changed, its amazing what you can achieve in 12 years with the right attitude.

  • @kpb4kingpurplebros421
    @kpb4kingpurplebros421 11 месяцев назад +1

    i like this new format of video

  • @marcusmariemoylan
    @marcusmariemoylan 11 месяцев назад

    I love you Mark ! Thank you for everything you do for us youngsters !

  • @JakeSpradlin2
    @JakeSpradlin2 11 месяцев назад +1

    Honestly seeing these videos as a 25 year old make me feel good since I’m above the average for my age group. Just want to keep growing my foundation and take some risks for FIRE

  • @AlexandraAnnette
    @AlexandraAnnette 11 месяцев назад

    Thank u for this!

  • @ShadowMind312
    @ShadowMind312 11 месяцев назад +17

    There are plenty of overworked and underpaid people, they may even be a majority. Hard work doesn't guarantee success of any kind.

    • @marktilbury
      @marktilbury  11 месяцев назад +3

      Hi, it does if you put in the extra work and invest it, it may take time but it’s easier when you are young. Thanks for watching MT 😎

  • @mryeetus6075
    @mryeetus6075 10 месяцев назад +1

    what is your opinion on real estate and rental properties- its something I am looking into (when I am old enough) and would love to hear your advice

  • @fermatslasttheorem6298
    @fermatslasttheorem6298 11 месяцев назад +1

    I’m 30 and net worth at around $220,000. I started making $265,000 last year as a senior engineer at a big tech company. I did splurge and bought me a nice car but it’s not gonna ruin me to live life fun once in a while. Im still saving money each month.

  • @FaultlessKing
    @FaultlessKing 11 месяцев назад +1

    I would like to point out to everyone that, even to Mark, nobody hit millionaire in the “rich” category until 50 years old. Youve got time!

  • @darianlebsack3461
    @darianlebsack3461 11 месяцев назад +3

    this was great timing, Im 29 and always feel way behind with a net worth around $300,000.I surround myself so many people mid 40's who own there own company's who compare self to. It truly a great motivator to push self and be ahead of the curve but nice have some reassurance doing ok.

  • @marcdzik
    @marcdzik 11 месяцев назад +1

    Mark, are these calculations for a one-person household or do they take into account that at a certain age you have, for example, a family, a child? my wife doesn't work, I support the family, I don't know if I should multiply everything by 2 or 3 for a family of 3 people

  • @fabianfrankwerner
    @fabianfrankwerner 11 месяцев назад +1

    Let the challenge begin!

  • @rafaelmercer21
    @rafaelmercer21 11 месяцев назад +12

    I’m 35 with the 50yr+ net worth. Felt a lot better after watching this.

    • @marktilbury
      @marktilbury  11 месяцев назад

      Hi, great job this is where we all need to be and keep building that wealth. MT 😎

    • @_StepUp
      @_StepUp 11 месяцев назад

      Thats awesome, may I ask what you do for a living

    • @rafaelmercer21
      @rafaelmercer21 11 месяцев назад

      @@_StepUp I work in a tax dept as a manager so not a very flashy job lol. Mostly came from personal investments in real estate and technology stocks/investments.

  • @rzwrz3281
    @rzwrz3281 11 месяцев назад +1

    Thank you

  • @anepienaar
    @anepienaar 11 месяцев назад +3

    First, thank you for inspiring and changing lives. I want to change but im lazy how do I get into routine?

    • @marktilbury
      @marktilbury  11 месяцев назад

      Hi, either bring lazy or not is all in your own control , just remember being lazy will never get you anywhere but if you work hard and invest you have the chance to live your dreams. MT 😎

  • @coolideasforyou6527
    @coolideasforyou6527 11 месяцев назад +1

    Another great video Mark I would love to see this specifically for the UK as I imagine there are significant differences 😀

    • @marktilbury
      @marktilbury  11 месяцев назад +1

      Hi, if you just change the $ to £ and keep the numbers the same you will be well on track. Thanks .MT 😎

  • @ai_explains_things
    @ai_explains_things 11 месяцев назад +3

    Seems like you have read (and summarized) "small habit, big rewards" by Nathaniel Brooks. I found most of the tips of this book in this video. Nevertheless, thanks for providing this information!

    • @marktilbury
      @marktilbury  11 месяцев назад +4

      I’ve never read it but must be a smart guy, my tips come from real life experience 👊 MT

  • @Shellydason
    @Shellydason 11 месяцев назад +6

    You're always making a good video though, very interesting YT videos you make

    • @Beckysauceda
      @Beckysauceda 11 месяцев назад +3

      yes the videos are always great`

  • @zonafortier
    @zonafortier 11 месяцев назад +1

    Great video! I guess im rich for my bracket lol! Lets try and keep it up 😂

  • @sumi7366
    @sumi7366 10 месяцев назад

    I am 16 at the moment, and I started an iPhone reselling business ago. I would like to move on after 18, with the car reselling, so my net worth would be bigger than the average. Thanks mister.

  • @wendyshoowaiching4161
    @wendyshoowaiching4161 11 месяцев назад

    Plan and make your financial retirement in one max 2 years. Start with a good number ($2.5m) to be put in Endowment Fund with Interest 2.5% fd. Focus until you get the sum as fast as possible in a vertical way. Find your niche

  • @moon.diaries
    @moon.diaries 11 месяцев назад +1

    Everyone needs to watch this video

  • @remo-macks
    @remo-macks 11 месяцев назад +8

    Hi Mark, I just wanted some advice on my current situation.
    I am currently 24 years old with no job and living at home with my parent. I was made redundant 2 months ago and have been actively looking for work ever since. Although this is a really hard stage in my life where I feel completely useless I have great ambition and want more for myself and the people around me but struggle with ways to go about things physically and mentally.
    I have spent nearly all of my rainy day funds while looking for work and days seem to just be getting faster and faster as I am doing nothing, it can be get really depressing.
    Any advice could help and I am open to scolding in the replies if there are any. I am not looking for sympathy but a way to get out of this hole I feel like I am stuck in.
    Thanks for these videos. I am really inspired!
    From a new subscriber!!

    • @tuantran9390
      @tuantran9390 11 месяцев назад +5

      It might look dire, but you have the greatest asset that money can't buy. That's your youth. Time is on your side. You are allowed to take risks and fail, people expect you to fail, it's part of the journey. You're currently living at home so you should be even more emboldened with the "get rich or die trying" mentality.
      First you should be exercising at least 5 times a week. Taking care of your body will aid greatly in physical and mental health. Last thing you need is a missed opportunity because you're too sick to grasp it.
      Second you need to be learning new skills, especially since you stated that you've been made redundant. You need to be exploring your options and finding what are your strengths and where you can apply it. In the meantime, find a temporary job to sustain yourself, but don't get complacent. Use the money to invest in yourself. Books, courses, coaching, appearance, etc. Anything to give an edge over the million other guys like you.
      Third, you need to be outside expanding your social network, by meeting new people and solidifying bonds you already have. Your home is only for sleeping. You need to maximize the efficacy of your day. You should be exhausted by the end of the day when you come home. There's truth to the saying, "it's not what you know, it's who you know."
      And lastly stick to it. It's going to take time but maintain the vision of what you want and understand that it is obtainable. Things will get better but it requires an honest and serious effort. Maximize your time.
      Good luck 👍

    • @jacobb2010
      @jacobb2010 11 месяцев назад +2

      It will get better mate, just keep reminding yourself. Work hard and make good decisions and your life will turnaround

    • @remo-macks
      @remo-macks 11 месяцев назад

      @@jacobb2010 yes sir, cheers for the encouragement 👊🏽💙

    • @baoanhnguyen4128
      @baoanhnguyen4128 10 месяцев назад

      Me, literally the same situation

    • @carolinewoolgar6457
      @carolinewoolgar6457 9 месяцев назад

      Most people with adhd don’t realize it until age 30 or 40.
      If you’re bouncing around a lot. Try therapy. You can’t help others and make money until you like yourself and can regulate emotions.
      Good luck 🙏❤️

  • @Sino_C45
    @Sino_C45 11 месяцев назад

    Great video! Does this work for the US as well?

  • @AdolphusHitler-in4ee
    @AdolphusHitler-in4ee 11 месяцев назад

    Compunding ,investing, business make you rich

  • @giorgoslabrakis4492
    @giorgoslabrakis4492 11 месяцев назад

    Really useful piece of advice if u r under the age of 15

  • @Lolbob590
    @Lolbob590 11 месяцев назад +4

    could you make a video explaining a custodial account to parents and why its important to have

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, I will see what I can do. Thanks MT 😎

  • @user-vu3ze7kp5i
    @user-vu3ze7kp5i 11 месяцев назад +11

    Hey Mark, I had a question I am about to be 16 in 2 months and have started learning loads about the stock Market do you have any suggestions on where to get started using a custodial brokerage account? Another question I had was is there a specific bank you would recommend like EECU, Bank of America , Wells Fargo, etc

    • @marktilbury
      @marktilbury  11 месяцев назад +4

      Hi, I can’t recommend a bank as I don’t use any in the USA, I can however recommend Vanguard for index fund investing with a custodial account. Thanks . MT 😎

  • @SOSSOSSOSSUS
    @SOSSOSSOSSUS 11 месяцев назад

    Would be interesting to see the numbers for Europe

  • @saakib26
    @saakib26 11 месяцев назад +1

    Hello Mark! Great content as usual. Please could we have a UK version of this video? Thanks!

    • @marktilbury
      @marktilbury  11 месяцев назад +1

      Hi, just change the $ sign to a £ sign and you’ll be doing just fine. MT 😎

    • @saakib26
      @saakib26 11 месяцев назад

      @@marktilbury So, $59,265 is equivalent to £46,738 - Which means I'm doing great for my age bracket at 25 years old.
      Thank you for your response and great content! ♥️

  • @just_rufus1583
    @just_rufus1583 11 месяцев назад +3

    first, amazing vid

  • @PolishGuy
    @PolishGuy 11 месяцев назад +1

    As a 17-year-old, should I invest 50% or as much as possible? I'll live with my mom for now so I don't need to worry about debt and other stuff.

  • @MillionaireMindsetttt
    @MillionaireMindsetttt 11 месяцев назад +2

    get rich before its too late!

  • @nuke2373
    @nuke2373 11 месяцев назад

    I think these goals are probably decent until the 40s and 50s. Rich at these ages is surely higher than 1.2mm net worth, even if that is wildly above the median. 1.2mm might generate something around 50k a year based on the 4% rule, not peanuts, but certainly not traditionally what you might consider "rich" either.

  • @hassanamir387
    @hassanamir387 11 месяцев назад +30

    29 years old, worth around £550k and now happily retired. Got there by working my ass off building my business (started when I was 22), saving nearly everything I earned, and had a decent ish exit too (120k) which topped it up nicely. Wasn’t earning crazy amounts but I was just very frugal. How am I retired with ‘only’ 550k net worth? Invested around 400k into properties which are netting me on average 10% (without taking into account capital appreciation :) ),40k per year is more than enough to live off for me and my family (I’m married with kids - and actually manage to still have about 10k per year left over currently, cost of living in Egypt (where I’m currently living and studying) is prob half compared to uk…). Aswell as about 50k invested into stocks, and about 50k invested into high risk stuff such as crypto and a few startups aswell (invested in startups through cur8 capital). And around 50k in cash. I actually hated running my business, it wasn’t something I enjoyed and it was actually very stressful, but I persevered and worked hard as i knew it would help me to reach my goal of getting to ‘retirement, now i can freely do what I wanted to, which is travel the world, study (my religion primarily, aswell as anything else I please), raise my kids to be the best human beings possible, and a few other things. Will I/would I work again / do another business again? Yh maybe later on in my life, if I find something I’m passionate about, but for now I’m more than happy with what I have and want to pursue my current goals

    • @hafiyadam1341
      @hafiyadam1341 11 месяцев назад +1

      may i ask what you did for business? a fellow 22 year old muslim here and I want to live the kind of life you've described (pursuing religious studies and travelling). Also any advice you have for your younger self?

    • @BigPhil2024
      @BigPhil2024 11 месяцев назад +1

      Okay

    • @jaymcbakerk
      @jaymcbakerk 11 месяцев назад +5

      29 and retired on 550k? With a family? Yeah good luck with that….

    • @chineseducksauce9085
      @chineseducksauce9085 11 месяцев назад +6

      @@jaymcbakerk you didnt even read his whole comment

    • @hassanamir387
      @hassanamir387 11 месяцев назад

      @@jaymcbakerk curious to know why I’d need good luck?

  • @MrSwedishamerican
    @MrSwedishamerican 11 месяцев назад +1

    I'm on track but kinda scared about heading in to my 40s.. Quite a big leap

  • @veigaramao716
    @veigaramao716 11 месяцев назад +3

    Hi Mark

  • @richclean
    @richclean 11 месяцев назад

    Mark, it’s about time you made an update video on crypto as it’s clearly changed over the past year or so 🤔

  • @erictran7048
    @erictran7048 11 месяцев назад +4

    I'm 22 living in midwest US, making $85k from full-time job, putting away $3,000/mo ($500 in savings, $2,000 in brokerage account, $500 in 401K), my current investing returns roughly 20% annually (not sure how long this rate will last haha), have $15,000 in savings and no debt.
    What else should I do to grow my net worth? Real estate or side business? Ideas?

    • @marktilbury
      @marktilbury  11 месяцев назад +1

      Hi, sounds like your doing great, I would add some real estate to rent out , all ways nice to have tangible assets. MT 😎

  • @kresmon
    @kresmon 11 месяцев назад

    HI mark i am 17 yrs old and i wanted to know about how can i start making money and what are the ways and ideas over it .😁

  • @nickbritton3441
    @nickbritton3441 11 месяцев назад +4

    I made decent money as an accountant. especially when compared to my background, This year I quit and risking it all to back myself and my own businesses. I barely make enough to cover the bills currently! but there was a burning desire to build my own assets and be my own boss. its hard.. really hard, but I love life again. fingers crossed I can make it work before the savings run dry!

    • @funtube563
      @funtube563 11 месяцев назад +1

      I believe it will all work out.

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, good luck my friend, running your own business is hard but the rewards are so much sweeter. I wish you well and if you need support then it will be worth joining my discord group it’s full of like minded people and free. Thanks MT 😎

  • @GroovyInvestor
    @GroovyInvestor 11 месяцев назад +5

    25 years old with a net of 73802 as of today checking in

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, great job 👏 keep building my friend. MT 😎

  • @FroisonControl
    @FroisonControl 11 месяцев назад +2

    me 2 months from being 30: great, im set up well for the 25 to 29 bracket!
    me hearing the 30s bracket: oh. nevermind.

  • @tvb4227
    @tvb4227 11 месяцев назад +1

    Im 25 years old with net worth of $130k. I've been working hard since age 18.
    My personality and my childhood poverty helps me focus on this goal. Soon I'll be buying my first property investment with a deposit of %20 :) and second one at age 27.
    It gets lonely sometimes. Hopefully it all works out at age of 30. A goal where i can finally travel and try new food, new people yet work in a little amount of time.
    yet i get to do all this things but i get richer and richer :D

  • @brilliancied
    @brilliancied 11 месяцев назад

    As a young teen, I definitely needed this video

    • @brilliancied
      @brilliancied 11 месяцев назад +1

      @marktilbury123 Stop scamming people, nobody is that dumb... I hope. Delete those comments before I report you for impersonation.

  • @pastabxkevlogs4410
    @pastabxkevlogs4410 11 месяцев назад

    Hi mark I’ve just turned 16 am currently doing reselling and Amazon fba do you recommend investing in the stock market thanks

  • @juliaa_no
    @juliaa_no 11 месяцев назад +4

    I'm 16 and just finished setting up my first business, hope it goes well. Thanks Mark!

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, good luck, remember there will be ups and downs along the way, keep focused on what’s working and keep making that better. Great job MT 😎

  • @Someb0dy1Day
    @Someb0dy1Day 11 месяцев назад +1

    Hi Mark, my name's Mark as well, i very much think you and me are alike, i'm very focused on wealth building and living an easy, well-planned life. I'm 32 years old and i follow your videos religiously. I think your videos are by far the best on youtube. Would love to meet you some day, we need your wisdom so i hope you live a very long life!!!

    • @marktilbury
      @marktilbury  11 месяцев назад

      Hi, thanks for all your support, I will keep the videos coming. MT 😎

  • @dean_s
    @dean_s 11 месяцев назад +4

    There's no blueprint for life but you have given more than what school ever has in the past 100 years, all summed up in 10 minutes. It's ridiculous that this is simple information that no one is taught

  • @DrAngelKins
    @DrAngelKins 11 месяцев назад +6

    Mark, you're the best teacher I have ever met! You showed me many ways on how I can achieve my dreams!

  • @nightaway654
    @nightaway654 11 месяцев назад

    Thnks

  • @shazam2323
    @shazam2323 10 месяцев назад

    would not have guessed i was "rich" but according to this, I am..what a relief lol

  • @Erwachsener1492
    @Erwachsener1492 11 месяцев назад +3

    There is a saying: Don't work too much or you won't have time to earn money.
    Considering the richest percent of the world isn't producing anything of value with their "work" I find there is a hidden truth in this saying.
    Maybe I should start voting for politicians that give me rich peoples money. Not productive, but with productive efforts you rarely seem to make money.

  • @tinker2217
    @tinker2217 11 месяцев назад +1

    So the home is Included in the net worth amount of 30-40 year olds?

  • @bryanmaxwell7332
    @bryanmaxwell7332 11 месяцев назад +3

    I’m 56…my net worth and savings is zero…80k in federal tax debt…homeless…I live in a camper trailer connected to my 95 Ford F-150…zero rent…perfect health…zero utilities…I hunt and fish daily for free…hhhhmmm…I’m truely free, stable, clean, healthy ( my real wealth )…Good luck to the rest of society…

  • @CENA896
    @CENA896 11 месяцев назад +1

    I’m 29 i do own a home technically I have a negative net worth but if u take out the mortgage I’m already considered rich in my Category

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, just keep pushing up your earnings and keep investing my friend MT 😎

  • @its_reallykira
    @its_reallykira 11 месяцев назад +2

    Hey Mark, can you give some money advice to the teenagers to achieve the goal of millionaire

    • @marktilbury
      @marktilbury  11 месяцев назад

      Hi, save hard, learn about investing and start an index fund as soon as you can. Thanks for watching MT 😎

  • @DevlynM
    @DevlynM 11 месяцев назад

    I really enjoy your videos, but I have a question. How do you earn all of this money without paying taxing?

  • @mochamocha1040
    @mochamocha1040 11 месяцев назад +2

    Does your figure of personal wealth include pension money or excludes it?

    • @marktilbury
      @marktilbury  11 месяцев назад

      Hi, include it as it’s an investment for latter life. MT 😎

  • @arabadjiewww
    @arabadjiewww 11 месяцев назад +1

    There are many people that are overworked and underpaid, and they may even constitute a majority. Hard work does not ensure any form of success.

    • @marktilbury
      @marktilbury  11 месяцев назад

      Smart work done :) MT

  • @DileoFilms
    @DileoFilms 11 месяцев назад +3

    Should you count the equity you have in your house towards these figures? Im 28 with only 22k or so in my investment accounts but 140k equity in my 410k house. (I know, I messed up by not building a business first) but trying to fix that now

    • @martyDg_LV
      @martyDg_LV 11 месяцев назад +1

      Don’t feel bad about yourself. I would rather have a house equity of 140k than having 140k cash. Especially in today time. I have 100k but can’t get a house. :( I’m aiming for a 250k cash by 35yrs old, currently 33 yrs old with probably below avg wage. I’m into stock investing and that’s how I get my current net worth but even with a 250k cash I probably wouldn’t get approved on a 400k house because of my below average income. I have to put a 250k down to get a 400k house.

    • @DileoFilms
      @DileoFilms 11 месяцев назад +1

      ​@@martyDg_LV They should be a lot more willing to Lend to you more generously. It sounds like you'll come out on top in the end, that you've done a great job managing your money. Cheers mate

  • @julianhotter
    @julianhotter 4 месяца назад

    Nice to see that you are on track :-) Thanks!

  • @Ep3ForMe
    @Ep3ForMe 10 месяцев назад

    “Pay off student loans” blanket statement is silly.
    If you have low interest student loans, the math is very clear. You should be investing the additional amount that would have went towards heavier loan payments if you can get a better ROI.

  • @digitalsoulopreneur
    @digitalsoulopreneur 11 месяцев назад +2

    You covered everything except the afterlife, how do we earn the income to live a happy afterlife?

  • @lightless
    @lightless 10 месяцев назад

    does your mean and mediums consider tax or is this the persons net worth?

  • @imreallyh1m
    @imreallyh1m 11 месяцев назад +1

    Babe wake up mark tillburry just dropped

  • @Gogito__
    @Gogito__ 11 месяцев назад +3

    Mark i just got out of highschool and my parents are giving till the end of summer to get a job. What should i do to be financially free so that i dont get stuck in a 9 to 5 job for the rest of my life? If possible can you make a video about it? Please these are possibly the most crucial months of my life.

    • @marktilbury
      @marktilbury  11 месяцев назад +4

      Hi, you don’t need till the end of the summer, you only need to the end of the week! Any job is good because when you have a job every employer you look to work for will likely see you as an asset. It’s a bit like getting a girlfriend, once you have one you are seen to be more attractive. Get a job and do as many different ones as you can until you find what you like. You have plenty of time as long as you’re figuring things out and not wasting your time. MT 😎

    • @jonnyhardapples3751
      @jonnyhardapples3751 10 месяцев назад

      If you want to start making more money and not be stuck in 9-5 you have two options, college degree/trade or starting a business.

  • @stardiamond1794
    @stardiamond1794 11 месяцев назад +3

    Woah woah woah, been watching this channel for awhile now but I’m starting to feel like I accidentally paid for RUclips premium

  • @mikeiley
    @mikeiley 11 месяцев назад

    Mark - Great content. How do I learn to edit like you? Do you do your own?

  • @crismejeli2082
    @crismejeli2082 10 месяцев назад

    Hey Mark Tilbury, I disagree with with the statement "Early on, don't try to be too diversified" ( 5:38 ). I understand where you are coming from to find that one interest and make risk since we are young. Except at a young age if you diversify, learn the assets you are investing in, you can have a better knowing of which asset class is ready to make you money or grow in the time being, for example let's say I invest in stocks, crypto, and precious metals. 3 assets that are very different to learn from, they are also very easy to get access to at a young age, they grow in the long run. Point is diversification is key to learn and to grow.
    Later on you have a diversified portfolio, and take more risk since you learned the markets and can afford to lose.

  • @Emrico35
    @Emrico35 11 месяцев назад +1

    in networth, house we live in and car we use included? or just investments?

    • @marktilbury
      @marktilbury  11 месяцев назад +1

      Hi, everything you own less what the dept is. MT 😎

  • @rikthmitra
    @rikthmitra 11 месяцев назад +2

    I am a 18 yo about to turn 19 next month, and my net worth is $300, I have no way of earning anything till I am 20, because I am a full-time student... I gotta do better bro...

    • @rikthmitra
      @rikthmitra 10 месяцев назад +1

      @@anshika20614 😒😂 u r right

    • @rikthmitra
      @rikthmitra 10 месяцев назад

      @@anshika20614 kyu batayu?

  • @garythegiant1876
    @garythegiant1876 11 месяцев назад +1

    Mark which brokerage firm would you recommend using for someone living in Australia

    • @marktilbury
      @marktilbury  11 месяцев назад

      Moomoo link in description :)

  • @jediknight2350
    @jediknight2350 11 месяцев назад

    you dont need money forget about being rich just be happy this life is meaningless , its a simulation the universe is just a computer when you die you carry on as an energy being were you can choose to come back or not or go somewhere else its up to you humans dont die ever its infinite your understand when your dead if you wanna be a richo then just come back as one its that simple saves the stress if your not rich already.

  • @ViktorMen
    @ViktorMen 11 месяцев назад +2

    I have 16 years and i watch your videos but i dont know what to do what i should start first

    • @marktilbury
      @marktilbury  11 месяцев назад +2

      Hi, keep learning and saving until your eighteen. Good luck MT 😎

    • @ViktorMen
      @ViktorMen 11 месяцев назад +2

      ​@@marktilburythanks i will but i still dont know how to save if i dont have any cash