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How did you make your money?

36 replies

raisinglittlepeople12 · 26/06/2026 22:44

For those who are financially comfortable, how are you making your money and what is your biggest tip for people wanting to do the same?

OP posts:
Brokedownpalace · 26/06/2026 22:48

Following for the replies!

Costacoffeeplease · 26/06/2026 22:56

My husband bought his first house at 21 before I met him
Always worked for ourselves
Built a company and sold it
Well performing investments
Insurance payout for disability
Always bought affordable properties
Never spent above our means
No children

I’m early 60s, not sure if any of this is relevant to younger people today

namechange3651 · 26/06/2026 23:06

I made my money (and continue doing so!) by pivoting my skills/experience to higher paying industries. The role I was doing in retail paid 3x more in tech. Once in the industry I found a whole new niche I’d never known about, spent 2 years working like a dog to build experience, and then moved and doubled my salary again.

Don’t start by thinking what career you’d quite like - figure out what’s most important to you (money/impact/work-life balance) and work from there. There’s few unicorn jobs, and you’ll need to make sacrifices somewhere if you want money to be your main goal.

Multiuniverse · 26/06/2026 23:08

Investing, selling companies

InveterateWineDrinker · 27/06/2026 10:05

Living within my means and time. For people looking to amass wealth from ordinary incomes only, it's by far the most likely way.

As an example, the £1,000 that I didn't spend (or, more likely) borrow to buy a better more expensive car/TV/holiday/sofa/whatever 30 years ago but invested in the stockmarket instead is now worth over £10k and produces over £800 a year in dividend income. If I keep reinvesting the income it will have doubled to over £20k less than ten years from now.

Add to that the £1,000 I didn't fritter away 29 years ago, and the £1k I didn't fritter away 28 years ago... you get the picture.

Jardenalia · 27/06/2026 10:11

Getting a professional qualification (accountancy), playing to my strengths (diligence, attention to detail, teamwork, diplomacy and creativity), recognising my weaknesses (line management, corporate politics), never not getting paid/making a profit even when pregnant/caring for three babies, recognising my big break and keeping hold of it through thick and thin, maximising income, minimising expenditure, using debt strategically, ditching a spendthrift XH, investing, taking care of assets. I’ve never had money as my number one goal but I’ve never wasted it either nor do I have expensive tastes. I’ve been very lucky, for which I am very grateful.

sweatymessi · 27/06/2026 10:15

I think if you are young now. the best route is investing your spare money every single month & ideally start early. Property isn’t the goldmine it was and many salaries haven’t kept pace with inflation.

Minasama · 27/06/2026 10:23

It’s not possible now, but I started with part time work aged 14 and always had a job (except during uni term time but worked holidays) and saved as much as I could.

I was lucky to work abroad for a few years where rent was lower compared to salaries than in London and saved a flat deposit.

We have done very well on both property sales and moved from South-east to Midlands which cut our mortgage considerably, meaning can save more.

Workwise I kept working full time after kids (not by choice, but because employer was US based and wouldn’t let me drop to 4 days.) In hindsight this was good as it allowed me to work my way up in corporate.

Have always worked very, very hard. It was hard when kids were young. I recently lost my exec-level job and both salary and demands are lower in my new job which suits me now I have teenagers.

Be sensible, work hard at something you enjoy and always save. Never take a lower paying job (until you’re confortable) and don’t live beyond your means would be my advice.

Minasama · 27/06/2026 10:27

Jardenalia · 27/06/2026 10:11

Getting a professional qualification (accountancy), playing to my strengths (diligence, attention to detail, teamwork, diplomacy and creativity), recognising my weaknesses (line management, corporate politics), never not getting paid/making a profit even when pregnant/caring for three babies, recognising my big break and keeping hold of it through thick and thin, maximising income, minimising expenditure, using debt strategically, ditching a spendthrift XH, investing, taking care of assets. I’ve never had money as my number one goal but I’ve never wasted it either nor do I have expensive tastes. I’ve been very lucky, for which I am very grateful.

This. Never not getting paid/making a profit (although I’ve had a couple of short periods between jobs, six months was the longest.)

6ate9 · 27/06/2026 10:31

Deliberately buying a smaller, cheaper house so mortgage was very manageable and paid it off early. Always living within my means.

RedMetamorphosis · 27/06/2026 10:42

We’re mid 30s, mortgage free and saving approx 40k per year.

Combination of taking up some short-term, risky work contracts in our 20s that paid off and allowed us to buy outright, and now fairly high paying jobs with low outgoings that allow us to save.

We’ve got about 5-7 years left on a current contract that means we will save another chunk and then we can work out what’s next. I quite like the idea of retraining and working with SEN children.

FlorenceBlack · 27/06/2026 10:45

Might be a bit controversial but….choose your partner wisely.
I dated a nice bloke when I was in my late teens but by my early twenties had realised that whilst I had drive and ambition he clearly didn’t. Yes I could, and did, make my own money but I wanted a financial equal not someone who I had to keep bailing out because his car insurance was due and he’d “forgotten about it”.
It’s not the amounts involved it’s the mentality, if you’re trying to save and invest money then a spendthrift partner can cause resentment on both sides.

Don’t spend what you haven’t got.

AgnesMcDoo · 27/06/2026 10:49

Good salaries and wise and lucky house purchases

Unescorted · 27/06/2026 10:54

To be born at the right time so I bought a house before the deregulation of the mortgage markets. I got to reap the benefit of not paying 50% of my salary to a mortgage lender / developer/ house vendor. I put my surplus salary into pensions and ISA.

That option is not available to people today.

Musicaltheatremum · 27/06/2026 11:00

Started investing in mid -late 30s.
Then my husband died aged 50 so some decent insurance policies which I invested and over the last 14 years they have grown a lot. I now, having retired, need to spend some and give some away as I have been doing.
My investments have crashed twice but have always come back again. I have a widely spread portfolio and a good ifa

Tralalalalatata · 27/06/2026 11:05

I sort of lucked out into a multi-six-figure salary (am in late 30s).

I was academic, Oxbridge etc, but wanted to save the world (traditionally not well-paid!). Started off doing low-paid jobs and kept getting recommended by industry contacts/people who had worked with me before for higher-paying ones that seemed fascinating and were more senior, more travel - and now in FS in a job I love (love!) and find hugely worthwhile and rewarding.

Kept my hand in on the volunteer side - quickly graduated from volunteering at specific organisations to leading / chairing their boards, which led to my then being approached for remunerated board roles (and now I chair a board committee).

So now I have a dual executive and non-executive career. I get promoted every few years or so, and am pleased to have diverse sources of income. Helps that I have no kids and don't intend to have any.

Also married a similarly well-paid, successful man who 100% supports my career and is proud of me. He also more than pulls his weight in the household.

I invest and save like mad (I often take in lunch from home still) but love a bit of luxury in certain respects so choose my luxuries and my hairshirts accordingly.

So it is a huge dollop of luck (including good health). Plus a good choice of partner. Hard work, but also a network of contacts willing to recognise that and take a chance on me (I am usually the surprise/unusual candidate in the shortlist - but have always ended up getting the job). I am personable but don't need to be best friends with colleagues, and I'm not afraid to speak truth to power (gently, and in the least 'look at me' way possible).

I love my life and thank my lucky stars every day. Who knows how long my good fortune will last - am determined to relish it for as long as I can (and save for the inevitable rainy day).

Racingdeer · 27/06/2026 11:49

Squirreling away a low amount of savings from a minimum wage job and maxing out multiple income streams, then investing in well-researched high risk assets. It has meant I have had none of the stress of a high status career and plenty of time with my dcs, while still enjoying financial security. I bought my first property in 2012 so didn't really benefit from low house prices, but have still managed to go on to buy a family home in London as I didn't rely on property equity and most of my deposit came from selling other assets.

I'm not sure I would recommend my approach to anyone else though as it takes a certain personality type to handle high risk, and it can be disastrous for those with a low risk tolerance.

theturtleswims · 27/06/2026 12:36

I started saving as soon as I started earning. As an EO grade (one up from the lowest) in a quango and DH on less we saved as much as we could (a few hundred a month). Did well on housing - we both bought houses in the 90s with 5% deposits which nearly doubled in value over 5-7 years. Saved any extra from pay rises/promotions and lived frugally. Invested what we could in stock market after it crashed due to first Iraq war. That grew a lot over time. Combined finances and kept saving what we could, even with kids. This meant that when I had to give up work we were (just!) able to live within our means with 3 kids on one very average basic rate salary. But it was tough. I still don't work and DH is still on BR tax (just) but we have no mortgage and decent savings so felt perfectly comfortable even before a recent inheritance. We prioritised kids activities and family outings were mostly free stuff. One UK holiday cottage a year. Watched every penny. Never dipped into savings. Amazingly, when I asked the kids recently, they hadn't a clue we had been so tight for cash when they were young.

Belindabelle · 27/06/2026 18:51

Met my partner young and stayed the course. (No 2nd family to support)
On the same page regarding money (save not spend)
Lived well below our means (resist lifestyle creep)
Delayed gratification (best things come if you wait)
Paid ourselves first (money into savings on payday)
Ploughed our own furrow ( comparison thief of joy)

p0pple · 27/06/2026 18:54

Through losing my parents in law, auntie and best friend 😞 I don’t recommend it.

ShishKofte · 27/06/2026 19:08

FlorenceBlack · 27/06/2026 10:45

Might be a bit controversial but….choose your partner wisely.
I dated a nice bloke when I was in my late teens but by my early twenties had realised that whilst I had drive and ambition he clearly didn’t. Yes I could, and did, make my own money but I wanted a financial equal not someone who I had to keep bailing out because his car insurance was due and he’d “forgotten about it”.
It’s not the amounts involved it’s the mentality, if you’re trying to save and invest money then a spendthrift partner can cause resentment on both sides.

Don’t spend what you haven’t got.

Agree.

I didn't marry a rich man but I did marry someone with drive and ambition and has been the biggest factor in our collective success.

He is brave and entrepreneurial, I am more cautious and logical and so we discuss the risks and do the maths together. He brings it's in and I make it work hard.

WhitegreeNcandle · 27/06/2026 19:12

Ive had a monthly wage every month since age 13.

Was fairly picky with husband choice. I didn’t let relationships carry on where the other half had no ambition.

Married, one family. Am lucky enough that both sets of parents and all 4 sets of grandparents had long happy marriages. No divorces meant much greater wealth building among the wider family.

Consistently investing 10-15% of my income into stocks and shares

Always lived within my means, had a tiny credit card paid off on mh 20’s. Always paid cash for cars. Choose wisely now what o spend my money on. Eg had hospitality tickets to Take That last night but got the bus not the tube to get home today and went to Aldi in my ford fiesta with 150 000 miles on the clock.

taken risks - together with husband we have made business choices that have been risky but profitable.

Also tithed a fair bit. Not so much when younger but now I do 10% of net income.

Soontobe60 · 27/06/2026 19:19

First of all, it’s important to have realistic expectations. I grew up in a poor, working class family, lived in social housing until I left home at 16, when my parents managed to buy their first house.
Bought my first house at 22 with ex husband, a Reno project. Went to uni at 26 to train to be a teacher. Divorced at 30 with £10k from equity in that house and started teaching. Bought next house (another reno project) on 100% mortgage at 34 with current DH (who’s always worked just above minimum wage job) and spent the next 15 years living pretty much hand to mouth each month. BUT always paid into my pension. Managed to start serious saving at 50 and sort of retired at 59, but continued working PT whilst downsizing to current house (final reno project). We’ve been able to save over £100k and are able to live comfortably on our £3k monthly income.

Badbadbunny · 27/06/2026 19:24

Started the ball rolling by working 2/3 part time jobs whilst at school, including waitressing on Friday and Saturday evenings, a paper round and doing bedroom turnarounds at a local guest house at weekends. During school holidays, I did more days/evenings. Spent the wages on clothes, records, etc., and saved the tips in a bank savings account (tips were more than wages!). Small beginnings but compound interest and you start the "snowball" effect.

I carried on the evening/weekend work when I got my first full time job, but then I spent the wages on clothes, food, records, and socialising and saved the part time wages AND the tips, so savings carried on growing. Full time wage was tiny, just £32 per week to stay under the NIC threshold (1983!) and my part time wages and tips exceeded the full time wages.

Luckily, all the jobs were within walking/cycling/bus distance from home, so didn't need to buy a car.

Carried on the part time jobs for the 5 years I was studying alongside work to become an accountant. I only gave up the part timing when I qualified as an accountant and finally got a decent wage, but then changed jobs to a different town and needed a car, so used some of the savings to buy a car (no way was I getting credit and paying interest!). Saved the equivalent of what I'd be paying on the loan/HP/Lease for the car in my savings accounts, to earn interest rather than pay interest. Started saving a lot more of my wage. Basically save half, spend half.

Never took on any credit - always waited to buy things outright even if it took a few months. Never paid a penny in interest nor late payment fees on my credit cards etc. Always using the interest free offers on credit cards. Full use of cash backs on debit/credit cards.

Chose the "right" man as a boyfriend who turned into a long term partner then ultimately husband. He had the same ideas re money, i.e. he was a saver, careful with money, no debts, no loans, etc., so we gelled really well on that front. No stupidly expensive unnecessary presents to each other for Xmas and birthdays etc - he once bought me a ski pass for a forthcoming ski holiday for example - we'd often buy each other clothes, or if either of us wanted something bigger like a camera, or an expensive coat, we'd wait until Xmas or next birthday etc.

We didn't rush to live together, buy a house, get married, have a child, etc - 10 years before we bought a house and married, another 5 before having a child. Paid off our mortgage after 10 years to minimise the interest we were paying. When we bought the house we'd each got £25k each to put down towards the deposit and renovation costs, so only had a 75% mortgage and didn't need further loans for renovations/extension etc.

Sounds an austere life, but over the 10 years prior to buying a house and getting married, we'd had 3 foreign holidays per year, including California, Egypt, Kenya, Canada, Egypt etc. but we kept a lid on spending, i.e. getting last minute deals, being careful on holiday, i.e. buying stuff in supermarkets, avoiding expensive hotel bars for drinks, using local buses instead of taxis, etc. where possible. We also each bought a brand new car, simply having saved up the equivalent monthly lease/loan amount over 3/4/5 years. On ski holidays instead of paying stupid high prices for lunches on the ski slopes, we'd buy rolls and cheese/ham from the shops and make our own sandwiches (or sometimes take bread rolls, ham and cheese from the hotel breakfast buffet). Basically, getting value for money wherever we went rather than lazily spending without thought.

Basically, you could call it delayed gratification rather than instant gratification. Saving for things gives you a warm feeling rather than suffering interest/charged on loans/credit cards/leases etc. Delaying purchases also gives you "thinking time", i.e. do you really need it - lots of times we changed our minds between deciding to buy and actually buying. Also the compound interest is truly miraculous on "little and often" savings over long periods of time. A lot of it was also planning ahead, shopping around, etc.

singthing · 27/06/2026 19:28

InveterateWineDrinker · 27/06/2026 10:05

Living within my means and time. For people looking to amass wealth from ordinary incomes only, it's by far the most likely way.

As an example, the £1,000 that I didn't spend (or, more likely) borrow to buy a better more expensive car/TV/holiday/sofa/whatever 30 years ago but invested in the stockmarket instead is now worth over £10k and produces over £800 a year in dividend income. If I keep reinvesting the income it will have doubled to over £20k less than ten years from now.

Add to that the £1,000 I didn't fritter away 29 years ago, and the £1k I didn't fritter away 28 years ago... you get the picture.

As well as all this, forgetting that "The Joneses" even exist, let alone worrying about keeping up with them. Lifestyle creep is one of the most insidious ways money vanishes and being aware of it will only help you financially.

It's like The Matrix - once you see how people are seduced into The Lifestyle, it is impossible to unsee. From clutching their takeaway coffees to buying every new gadget from airfryers to EVs to relentlessly wanting more and more.

I take immense satisfaction from knowing I am mortgage-free, and able to retire much younger than anyone else I know if I want to. OK maybe I have a smaller house and crappier car than others, but I don't know anyone who actually cares about that, including me.