25k is nothing though. Getting it from your dad is nice and certainly something not everyone can do, but let's not pretend this is millionaire territory.
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25k is nothing though. Getting it from your dad is nice and certainly something not everyone can do, but let's not pretend this is millionaire territory.
25k loan without any context doesn’t mean anything.
Let’s give it some, 25k in 1983 (when Jimmy Johns begin) has the spending power of 82k in 2026.
So like an 82k loan to a 19 year old (Jimmy John Liautaud age in 1983) at a probable 0% interest rate from his own further is nothing.
Additional fun: according to U.S. census records the median annual income in 1983 was about 25k.
Right, that's a bit more meaningful with context, thank you. A nice silver spoon for sure.