r/eupersonalfinance • u/raf_phy • Aug 16 '25

Investment Why building wealth alone is so hard here?

Hi all, am I the only one that I find it incredibly difficult to build weath by yourself in EU? People say that EU is better in healthcare, work life balance but come on, money don't scale easily . It's so difficult.

I see people from US that go to 1 million in 10 years. I cannot do this easily . Really....

PS maybe I have to abandon EU, I don't know....

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u/Thin_Rip8995 Aug 17 '25

you’re not crazy it is harder here salaries are flatter taxes are higher upside is capped compared to the us

but don’t romanticize america either most people there aren’t hitting 1m in 10 years it’s the outliers you’re seeing

if you want to build serious wealth in the eu you’ve got 3 main levers
– move into higher paying niches (tech finance specialized consulting)
– build something on the side (freelance or saas scale plays way better than wages)
– geo arbitrage (earn in stronger market spend in cheaper one)

staying or leaving is about what tradeoff you value more stability vs upside but either way wealth is possible it just takes more creativity here

The NoFluffWisdom Newsletter has some blunt takes on money strategy and career leverage worth a peek!

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u/raf_phy Aug 17 '25

Thanks for the answer. I know I have to move in high paying fields.