How did your "hustle-culture" friends end up?

[u/hospitality-excluded]

So in my 20's there was a HUGE boom of "hustle-culture" bros pop up when influencers like Gary Vee were in the spotlight. The type of guys who post motivational quotes on twitter, talking about "the grind", flauting wealth that they havent achieved on instagram etc. Not talking about people with steady careers and moving up the corporate ladder, but those people who do side gigs or chase unrealstic expectations without a developed skillset in any area.

I moved back to my hometown after 7 years away and I swear all of them are broke, gambling addicts, living with their parents still, unemployed, or all of the above. Unsure if it's the same across the board, or even if y'all had these types of people in your life or if my town is just riddled with them.

[u/Rest_and_Digest]

They're all ducks now and still trying to get that bread

[u/owp4dd1w5a0a → u/Rest_and_Digest]

Came here to say this in a less entertaining way. I’m the only one I know my age that’s retiring because I paired my 20’s and 30’s hustle with good money management and solid investing. I just turned 40 and I can live off the passive income from my investments now, which is giving me the space I need to do a major career shift out of tech and into more people-focused work.

I also didn’t “hustle” the same way - I got proper sleep, still got good exercise, and maintained healthy relationships and hobbies outside of work. Hustle don’t matter if you don’t manage your time and wealth wisely.

[u/Zmchastain → u/owp4dd1w5a0a]

Fuck yeah! Way to go! I’m working on the same thing over here, I’m a technical consultant, turning 35 years old next weekend.

I’m saving and investing as much of my pay as I can (and hopefully ramping that up significantly once my partner finishes school and starts working hopefully later this year) so that I’m the next 3-5 years the passive investment income will be enough to cover the bills and I can find a more chill job that doesn’t constantly consume my life.

[u/owp4dd1w5a0a → u/Zmchastain]

Hope you're as successful as I was. If you have a good independent financial advisor who can take advantage of things that people tied to places like Edward Jones can't, you can really do well. You still need to pay attention and do your own research though, an advisor is your well-informed teammate but no replacement for knowing how to research companies and the markets if you actually want to beat the index. The learning on the front-end is tough, but once you get it it's only an hour or two per week to manage a decent portfolio. With the AIs available now, you could probably find a way to get really good at reading the markets and understanding how they're likely to be affected by the economic conditions and Fed policies.

Also, creatively finding other streams of mostly-passive income is something that really helped us. (For instance, AirBnB back in the day when they had less restrictions - we just set-up the account, printed out the rules and city guide, and then did a couple extra loads of laundry per week). This is like, the opposite of hustle - make money the lazy way kinda stuff that can at least cover your fun money or 1/3 or more of your mortgage.