Hello friends. I've been here a long time now, about 6 years. In that time I've aged to a critical point in my life. Half of my friends are married, a lot are now on their second kid. Some have houses, some drive $80,000 cars, some are millionaires, some are broke. Here is what I can tell you about life. Debt is only good to build credit. Don't ever take on multiple debts at one time. If you have a car payment don't take on a mortgage. If you have credit card debt don't buy anything credit. If you want to be richer than 99% of the people out there then clear your debt. I talk with people a lot about this and the most common phrase I hear is this: "I don't have any debt, just my car payment." Well how much do you owe on your car - I ask. $15,000. Okay so you have $15k in debt. Why don't you realize that?! If you have multiple debts to pay off then take the cheapest one and pay it off first. This should be your #1 priority in life. Pay your debts. I just talked with a friend who had 2 student loans to pay off. One was $8k and the other $3k. He had $10k in his bank account. I said why so much when you have debts to pay? It made him feel good... Well that good feeling is costing you interest each month. After talking he literally grabbed this laptop i'm on now and paid off the $3k loan. Guess what? Now he doesn't have to pay interest on that every month. He is currently working like hell to pay off the $8k loan. Good for him, he will soon be richer than most. Buy yourself a cheap car. I have sooooo many friends who make $40-60k per year and own a $40,000 car. Guess what happens in 3 years? They get sick of that car and get a new one. Don't invest that much money into an asset that is just going to depreciate in value. Every dollar you save today is one you don't have to earn tomorrow - keep that in mind. These people will likely be paying for a car their entire life. While it may make you feel good today it will severely effect your bank account in the future. Buy a house as soon as you can. Renting is like lighting money on fire every month. This is something I personally struggle with since I've moved all over the country in the last couple of years. I still rent but I explain it to my friends like this: Buy a house. Even if it is a cheap house, the point is this you can pay $1k in rent every month which you will never see again. Or you can pay that in a mortgage which you will see again. Now all you're doing is putting that money into an asset which you can make a return on. Over the course of a year you can either take $12k and light it on fire and never see it again or you can take that $12k and maybe one day get back $12,200 for it. You can see how every year you live rent free you make yourself a little bit richer. Invest in a Roth IRA and mutual funds. Look up some calculators online if you don't know the potential of doing this. You want to retire a millionaire? This is how you do it. Make a budget, I still struggle with this today but since I've made a budget I've been able to see where I spend way too much money. You will be shocked at how much money you can save. Take that money and invest it into your online businesses. Do something crazy. I mean start a new business. You read BHW every day surely you have gotten some ideas that "sounded good" or read something and thought well if you did it a bit differently it could make more money. Go do it, take a day or two a week to do those crazy ideas, some of them will make you a lot of money. Give it some time to grow, invest some money into it. If the first 5 fail so what, it's just a bit of time and money you will get back in the long run when one of them works really well. You're investing into your own future. I know these rules of life are simple but trust me when I say that if you follow them you can have an excellent life in your 30's and beyond. You can start making investments that will take care of you in the long run and also make you rich. That guy who bought the cool car at 25 is still probably paying his car payments, paying his mortgage and will never actually get rich. At 32 you can go buy that cool car with cash when your investments are making a shit ton of money and you can actually afford to own it.