So I’m 20 and I’ve started looking at the salaries of jobs/careers, and this is the impression I’ve gotten. Like that you could spend years cramming a ton of knowledge about a very niche field, and still only get 2-3x what a run-of-the-mill job makes. Is this true? If yes then I guess this route to wealth would only make sense (due to the diminishing returns) if the topic truly spoke to you, right? Are there alternative career paths to good pay than being really good at something really specific?
This is very true
Some people fall into the lifestyle creep trap and get accustomed to spending what they make. If you make 2x average and live relatively normally you’ll find your savings grow quick.
Even if you do make good money, it’s best not to let that go to your head.