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.

Also op, remember the first rule of rich people... do not talk about money! If you do/are, its very off-putting, it marks you as a bit nouveau riche.

Maybe move to Dubai? And live with other rich younger people? You need to change friends and evolve.

Here's my advice:

Stop reply to all the posters who haven't read the thread, or who are not answering your issues: all the ones questioning how you made your money or trying to advise you on money management. Threads tend to go better if you ignore posts that are not relevant.

Pay for a private autism assessment ASAP - you need to know for sure, and if you are autistic you will need help with various aspects of life, including how to make and keep friends.

Know that many, many people suffer a change in friendship groups in their mid twenties. This is normal. The school / college / teenage 'gang' breaks up, people pair off and get married, have kids, people move away to different cities, and as you get older every decade it becomes much, much harder to meet people and make new friends.

Consider paying for a therapist, but only do this after the autism assessment.

As your work involves a lot of social media, make yourself get off all screens for at least three hours a day - go for a walk in the countryside, do some gardening, paint the house, fix up an old motorbike, sand down some old furniture, read a physical book, take up artwork or a craft hobby, anything using your hands and body and five senses.
Do whatever you feel like that is not on a screen. This will help you re-connect to the actual real world, not the world via a screen.

Give some of your time to directly helping others. TIME, not money. Volunteer at a homeless shelter, or an animal charity, or old people's home, or whatever. Google volunteering opportunities.
Once you have found something that suits, make a firm commitment to do this for a fixed number of hours each week. Then be reliable, don't let them down.

As you live with your parents and they are now retired, does you mum do most of the housework? Cooking? Laundry? Who does the DIY? Garden?
Make sure you are taking full responsibility for doing your share.
Have a rota for cooking meals and cleaning.
This will help you become an adult, and make sure you don't end up treating your parents like "staff".

But I thought the problem was that nobody gets you? If there's so many other wealthy young people around, go and hang out with them.

Do something philanthropic and help those less fortunate with the money eating away at your conscience. Simple.

You're talking mainly to parents, sunshine. They know more about young people than you do.

OP, if you are for real then stop talking about money because it really isn't your problem and while you are doing extremely well you aren't in private jet territory yet unless you want to be broke again in the near future.

If you feel disconnected from the people around you, focus on what the disconnect is OTHER than money.

Do you share interests with these people?
Do you enjoy sharing those interests with them and is that enough for you from those people?
Can you find other people who you do share other interests with?

Maybe that is in something to do with music production, maybe it's something else like a sport, only you are going to know that.

You don't have to be rich to enjoy sharing an interest with others, but you would have something in common with them that might build into a friendship.
Just don't approach everything with the belief that just because you have a few quid you should buy the most expensive kit to use or go to the fanciest and you should be able to enjoy it while forging connections with others through shared interests.

Your old friends can still be a part of your life if they want to be, but they aren't going to be part of any of the more expensive things you do as they can't afford them, so just keep money out of your relationships and treasure the friends who do the same.
You have to learn not to ask or expect that of them, you were in the same financial position as them once, you know it wouldn't have been fair if someone asked that of you back then.

Don't go looking for new people, go looking for a new interest and see where it takes you.

As it happens @Jonesqua I know someone in real life who has a property portfolio like you, great lifestyle and fancy flash cars. They have about 4 rentals and acquired them in their mid-20s upwards. However, they did have a leg-up from parents to buy the first one. And they didn't start aged 20.

It's a bit like a deck of cards because if one fails and interest rates go up, or if the government makes it harder for landlords, and HMOs , it's all possibly going to crumble.

Not being rude but what many posters have picked up on is your language skills are quite poor (maybe English isn't your first language) and you can't explain yourself very clearly in your posts.
That's partly why people are sceptical of your success and wealth.

I am not here to prove anything that’s why.

i do not care. English is my first language.

i speak this way so different languages can understand me. Longer sentences, less they understand.

Snort.

Go and get an education, @Jonesqua. One during which you grow up, and learn a bit. The world’s a big place.

What would you be doing with your friends if you earnt the same amount as them? Why wouldn’t that be fun? Was it never fun, or have you only become aware that what you used to do with your friends wasn’t fun since you had enough money to widen your horizons? Why are they your friends? Do you even remember? And why is a trip in a private jet more interesting than a normal flight with your friends?

I think your problem is, you are stuck between two worlds and don’t fit into either - you want company for the novelty of having wealth, not people who take it for granted, or people who don’t have any of their own and are just riding on your coat tails. I think maybe, also, your money is now coming too easily - it’s multiplying itself without much input from you. Perhaps your need another venture to divert you from just watching your income accumulate, and one that requires more effort than investing in buy to let properties. Maybe a more sociable way of making money, too, because your wealth appears to be accumulating in a rather lonely way.

All humans are different as we are all unique, what is 'special' about having money?

I don't know what you want as replies. You have lots of money. You live on social media. Maybe get out into the real world and volunteer or something to get connection. I don't understand what kind of friends you want? If you just wanted to brag, then you've done that.

I am not here to prove anything that’s why.

No one is expecting you to sunshine, we're not clear why you are here at all. For context, you may not have realised but this forum is rather known for having a lot of people are well, not poor. So while you as a young 23 year old feel minted with your 1m, we are all thinking "but that won't even buy you a 3 bed in Wandsworth".

I think you’re getting a bit of a hard time @Jonesqua. It’s hard when you don’t feel like you fit in, regardless of how much money you have in the bank. PP suggested some life coaching or therapy, and I think that’s a really good idea. It would help you re-frame your view of life and hopefully help you get to a new normal.

other suggestions were about finding ways to meet young people like yourself. Do you have an agent or business/personal advisor who could make some introductions for you? There must be a version of Peanut for rich young people somewhere.

Assuming this is you, OP, your obsessions seem to be: money, cars, weapons, older women...?

https://cz.pinterest.com/jonesqua0516/

This is an income built on sand.

You know it could all go belly up?
Property prices could crash. Interest rates could go to 15% as they did when I bought my first home.

You could end up losing it all or close to that.

If you really think that’s me the people here are more deluded than I thought.

Please, this thread is literally dripping in jealousy.

There is no law that says OP needs to be humble or whatever else just because they have money, any more than there is a law that says people's personality needs to be XYZ just because they're broke.

The aspiration is being kicked out of people in this country. There is nothing to aim for.
People should be pleased for OP, it shows it's possible.

Pammy darling, my houses are investments.

that is not my main income. It’s income that’s never touched

Or this...

https://cz.pinterest.com/jonesqua8325/

Jste Čech?

Same name, same few pitiable obsessions? Sounds awfully compelling.

why would a 23yr old use Pinterest.

It's just the rather obvious overlap with $$$$$$$$$$ obsession, not to mention the presence of a young man (???) on MN creating a thread that is entirely misaligned with the usual purpose of the site.

Please search up what for username means. It’s a randomly generated one.