Millionaire£ at 23, self made. Feel lost.

[Jonesqua]

I became a millionaire£ at 23.

All happened between 20-23.

Self made, have 3 buy to let houses with 300k£ equity in them rented out. With 750k£ liquid money.

The change happened so fast. All of my friends have regular income , it’s sometimes hard to do things I want to do as income difference.

I am use to making money so quickly that essentially I feel as if I’ve lost touch over it. As no one around me friend wise can relate or I speak with about it. Does anyone else feel like this in a similar situation?

I’ve lost motivation. Feel disconnected from the people around me who I grew up with.

and, errrmmmmm... guns?! 🤔😕

What's all that about, OP? Don't get wound up on here!

Take up gardening or knitting or something!!!

I doubt he thinks that. OP was talking about not being able to share the costs of taking a private jet. Not about buying one.

You can easily take a private jet for £15k or less.

I am typing fast replying to everyone.

majority of people with a bit of cash don’t care how they speak haha

You sound unlikeable regardless of money. Focus more on improving your dire personality.

Too many people in this world speak for the sake of speaking

Trying to provide value with no experience to provide such

Jesus the replies on here are exactly why you shouldn’t tell anyone if you’ve won the lottery!

OP I’m not sure I can advise really. My SIL earns shed loads and she’s taken us on holiday a few times - the types of holidays I could never afford. I’ve never felt anything but grateful and lucky that I can enjoy things like that thanks to her generosity.

Your friends might not be able to be spontaneous due to work commitments, but to be honest very few people can be truly spontaneous anyway - even if they run loads of businesses. And as you get older your friends (and you?) may start having families anyway.

if you’re desperate to go away with your friends however then may I suggest paying for a villa / hotel stay somewhere and covering cost (just don’t tell them) and get them to meet you there? Obviously they’ll need notice. But just a thought.

in terms of feeling less disconnected, I would suggest meeting other people. I’ve seen sports being an excellent way to do this (you’ll be amazed). Doesn’t have to be team sports. It might give you an alternative outlet, something else to focus on, something to bond over with people.

best of luck

You're not replying to everyone - I gave you some solid advice up thread about meeting peers via the MPG and been studiously ignored.

And that's because you can't join it can you, because you're a fantasist who would be exposed in a heartbeat.

I'm out.

I bet the initial money came from an inheritance.

Buying houses from an inheritance and then charging people to live in them because we haven't built nearly enough homes in this country doesn't qualify anyone to pose as a financial genius.

They’re not the type of people I want to associate with.
That’s not the type of place of interest respectfully or people there

Read what was said.

i own a music company, houses were bought each year from income.

run along

You've asked about disconnect. My advice is to take your nose out of your navel. Stop thinking about your money and focus on what you love instead.

If you don't love what you do anymore, take a break. You can afford it. Go backpacking across Asia or Africa. Have a look at how the rest of the world lives. Meet people from other walks of life. Take some time to reflect on what you want from your life and how you want to spend your time on this planet.

And the poster up thread who talked about helping other people/charities, is spot on. Research shows that helping others is one of the most effective ways of helping ourselves. And that doesn't mean a narrow definition of helping where you give money. Instead think about giving your time and experience. Again - you can afford it.

However its come about, the universe has given you an amazing gift- the gift of choice. Use it wisely.

I totally get this but at just 20 years of age, how did you find the money to put a deposit down on three mortgaged properties?

Once you get into the mindset of thinking everyone is constantly jealous of you, you’re sunk. Yes, you’ll get users and some envy, but you’d minimise that if you directed some energy towards altruistic pursuits. You’re creating your own cage. Sympathy is going to be limited.

I kind of had this in my late 20s.

I'm now 30s, work a 'normal' job and live a 'normal' life, but secretly I am comfortable, i.e. when people talk about saving for retirement and ask what I'm doing for etc, or cost of groceries, I just don't really join in, without outright lying.

Think about other people that may come from a normal background but become very wealthy in early 20s, e.g. actors, artists, footballers... Suppose it's quite similar to that. There's lots more people like that than you can maybe see.

Do you have any peers that work alongside you? That had a comparable journey? The truth is that you'll probably find more in common with them. A lot of people think they need to stick with their childhood friends etc, but they really don't, it's not a law. If you're extremely driven, you may find it hard to find touchpoints. Most people are happy living like everyone else, doing things 'because it's just what everyone does', and that's okay, too. But you might have to accept it's not you.

It may feel like 'I am only x years old and I've done what I wanted to do with my life, so now what?'. Most people won't be in that place, they'll still mourn lost dreams/ goals in their 30s and 40s. I don't know whether it was your goal per se, but if it was, you need a few years to recalibrate and figure out what your new passion is.

I'd say explore, read books, watch documentaries about causes, think about things that make you happy, or angry, or feel something. Can you use your money to benefit the community/ world? For example, mine are sustainable fashion, better quality, healthier food available to all, and a few others.

If you are self-made, what about kids in your community? Do they have opportunities to follow your path? Did you benefit from something that others might find useful?

You say about being a landlord. Do rental properties fill your heart with joy? Do the people living in them benefit from what you're doing, for example? You're kind of set for life, provided your money is wisely invested and protected, unless your goal is to become much, much richer. So why not lock some of your money away for a rainy day, and make investments that actually fill your heart with joy, make your city a nice place to live in, benefit someone's life etc?

Most importantly though, look after your body, your mental health etc. You have access to things that other people won't have access to. I see a lot of wealthy, sucessful people suddenly tap into extreme wellness, alt medicine etc, when they are 50+. They almost have that lightbulb moment about what life really is about.

You're on here and clearly feeling lost and dissatisifed when society tells you you should be living the dream. So take time for yourself, get therapy, get an amazing wellness club membership, enjoy some of the joys of life that you can afford. Get some spark back.

Read about other people in a similar position. Emma Grede springs to mind immediately, but there are many others.

Read I’ve said it 20 times

i
own a music company. If I had inheritance the word self made wouldn’t have been used

What exactly is it you do want, advice wise?

It must be really hard for you having all these money and nowhere to spend them, my heart goes out to you. I know how hard it is Im a self made multimillionaire

You're looking down on music producers who have created things you can only dream of?
Get to heck with you, liar.

Oh dear OP, is that really your Pinterest?

...how embarrassing! 🤭

a million is not a lot. Won't last you very long if you aren't wise with it.

So basically you have 3 mortgages and live at home with your parents and have some money in the bank. Read Dave Ramsey and pay off your mortgages then if you owned 3 houses outright you might be wealthy.
Pride goes before a fall. I am suprised you have friends with your PHD in Arrogance

And this from page one should have ended the thread

It’s fractals though. You seem to think you are super-rich and successful, and by many measures you are. To others here, it seems puzzling you are having a crisis about a level of wealth achieved by most homeowners in central London, many people with better public-sector pensions, and the average white-collar senior manager. You’ve arrived early at a party where most people are not actually partying but getting on with things that matter to them and their loved ones. If you want to measure yourself in numbers, then you have an amazing opportunity to do so. To save a life costs about £4k with the most cost-effective interventions. You mentioned being possibly autistic and many of the most amazing, life-changing people I know are. They measure themselves out in lives saved. Some have made tens of millions from being a bit odd and smart and obsessed, and they’ve realised they don’t need a private jet (or maybe they do), but they can keep racking up good done in the world. It’s given them purpose and given by now tens of thousand of people a life they could not otherwise have had. DM me if you are interested in exploring that.

Ah yes let me tie up all my spare cash in a house.

or I’ll buy more and use the money as deposits ?

the common sense here is crazy low