So I tried to adapt to the situation. I found out that instead of working for someone else, I could start my own business and make some money.
I chose retail and earned my first dollar on ebay, and I found out ebay was a low cost and easy startup. While having my first job at Kroger, it took me a half a year to earn my first sale, and for year 2014 I sold $2,400 in sales, and only expect that number to increase.
My future goals include expanding my business to sell at flea markets, and selling on other markets as well.
I recently got registered with the IRS got my resale license and employer tax id, a DBA($50 expense) - and I want to get a business mailing address, business phone number, business email, and business checking account - in order to look professional and get approved by vendors. That's all going to cost money.
However, due to a lack of inventory dollars - I do not have much money for business.
I have around $570 cash on hand. I have around $7,000 in college savings, but I can't access that money without my dads permission. I also have $4,000 in retirement savings. My grandmother gifted this to me.
My dad is retired and gets $2,000 per month from his post office government job, and has over $200,000 in retirement savings. Our net assets are around $500,000 - with no debt. We own two homes - Florida and Michigan.
How well off am I, with my current situation? Will I be just another failure in life?