“My wife and I are both 28 with good, but not great jobs. We haven’t started a family yet and are wondering if we shouldn’t be doing ‘something’ on the side now to help our financial future later – maybe even help us get wealthy?”
There are four actions that immediately come to my mind that you should explore:
· Slam your 401(k) – put so much in that it becomes a bit painful
· Start a business – something you’ll enjoy while making money
· Rental real estate – not easy, but potentially very rewarding
· Education/training for a great job – get qualified for something better
Each of these very different approaches will appeal to a certain type of person. Take the time to explore what type you both are and select one (to start) and put your energy and talents to work.
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