First of all thanks for the excellent website and the community, I’ve been an avid reader of HE for a long time, but this is the first time I write here.
Sorry in advance for the long post, and apologies if HE is not the right place for telling you about my problem, but I’d love to hear advice from like-minded people, that have the same interests and strive to improve themselves.
Let me tell you a little about me. My name is Nicolas, I’m 26 years old (07/26/1991), I’m from Argentina (Sorry if my English isn’t perfect). I have a beautiful two years old son named Milo, and a very supporting wife!
I was born in an upper-class family, very dysfunctional. I always had everything I wanted and I was never taught the meaning of no.
- My father was never a part of my life
- My mother never paid attention to me, but she tried to make up for it by providing me with material things. She was raped at the age of 13, and she did cocaine for a while, but despite all that, she was able to succeed in her job, but she is still a broken person inside, she does everything my brother tells her to.
- My brother (40) is a toxic person, he likes to put other people down, he is authoritative, paranoid, controlling and demanding. If something is not done exactly the way he wants to, then he gets mad. He lives with my mother, and he is financially dependent on her, but in reality, he is the one who runs things. he never worked either, he has a lot of projects but ultimately he gets bored and never make them a reality.
- My sister (33) doesn’t live with us, but we have a good relationship.
Now here is my problem:
I once heard a quote that says “A man is not a man if he cannot provide”. The economic status we had is gone. My mother lost her job and made a lot of bad investments. Now my wife, my son and I had to move back to living with her and my brother (Who is another leech but doesn’t care about changing). Living with them is very difficult, and we really miss having our own space and our privacy.
The reality is I have to do something to move us out of here and improve our financial situation, but without no job experience at all, and no degree, it’s very difficult for me to get out to the employment market. Plus I’m really scared of not being capable enough to meet the expectations of whatever job I’m able to get.
I also have savings of around USD100k, I know this is a huge advantage, and that a lot of people have been successful with a lot less (or nothing at all). I was thinking about investing in buying a franchise or opening my own business, but those savings are all I have, what if it goes wrong?
I don’t intend to live a life of luxury, I only want to be able to provide my family with all their basic needs, a roof, food on the table, and something to make them happy every once in a while, but mainly I want to get back our freedom, and make us independent!
What would you recommend?
Thanks a lot for reading me, if you are curious about any specific part of my post please feel free to ask and I’ll reply as soon as I can. Maybe the post is better suited for an investment forum… but any life advice you could give me to improve myself or my situation would be very welcome!