Beerbread
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Hi guys, I hope that you're doing well! I'm sure this has been posted ad nauseum but the more I look into this, I'm the more choice paralysis I'm going through on what to do.
I'm fortunate to be in a position where I paid off all my student loans, live with family, and I'm very liquid ($82k in cash.) I definitely changed my life since COVID started and am working a decent slowlane job (went from poverty wages to $75k a year within a year and a half) and I'm back to working on my other business again now that I have an increased cash flow and figured out a schedule on how to incorporate my work.
I know MJ's books has probably delved into this, but I think because of my new "wealth" I'm still stuck in a frugal mindset of afraid of spending money even though it's for the benefit of my business or investments, everything has some sort of risk.
Is it a matter of, should I focus on one thing at a time and is investing in real estate/market/whatever even worth it at this stage I am? I apologize for the rambling post, I feel stuck.
I'm fortunate to be in a position where I paid off all my student loans, live with family, and I'm very liquid ($82k in cash.) I definitely changed my life since COVID started and am working a decent slowlane job (went from poverty wages to $75k a year within a year and a half) and I'm back to working on my other business again now that I have an increased cash flow and figured out a schedule on how to incorporate my work.
I know MJ's books has probably delved into this, but I think because of my new "wealth" I'm still stuck in a frugal mindset of afraid of spending money even though it's for the benefit of my business or investments, everything has some sort of risk.
Is it a matter of, should I focus on one thing at a time and is investing in real estate/market/whatever even worth it at this stage I am? I apologize for the rambling post, I feel stuck.
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