How We Built a $1M Net Worth by 32 (Step-by-Step Breakdown)

How We Built a $1M Net Worth by 32 (Step-by-Step Breakdown)

Trevor and his wife reached a $1 million net worth by age 32 and are on track to achieve financial independence well before 40. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench chat with Trevor about his unconventional journey involving strategic career moves, real estate investments, and leveraging corporate benefits. Learn how Trevor went from a $1,000 net worth after college to $1 million through smart financial decisions and opportunities. Trevor shares his experiences, challenges, and the importance of financial flexibility in achieving Coast Fire in his 30s. To go beyond the podcast: Kick start your financial independence journey with our FREE financial resources Subscribe on YouTube for even more content Connect with us on social media to join the other BiggerPockets Money listeners We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices

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365: Finance Friday: How to Become Real Estate Ready in 2023

365: Finance Friday: How to Become Real Estate Ready in 2023

Don’t know how to become a millionaire? There’s a pretty simple formula for seven-figure wealth that the average American doesn’t know about. It isn’t complicated, but it does take a fair amount of ti...

23 Joulu 202259min

364: Divorce: The Biggest Marriage and Money Mistakes to Avoid

364: Divorce: The Biggest Marriage and Money Mistakes to Avoid

Everyone makes financial mistakes, even those that we trust with money the most. Rachel “Money Honey” Richardsto many people online is the epitome of someone who has their finances locked down. She gr...

19 Joulu 202255min

363: Finance Friday: Savings Stuck At Zero? Here’s How to Grow Your Bank Account

363: Finance Friday: Savings Stuck At Zero? Here’s How to Grow Your Bank Account

Once you know how to save money, you can start stacking those savings to buy real estate and businesses or invest in long-term wealth-building investment accounts. But, without a steady stream of savi...

16 Joulu 202257min

362: Scott Trench’s Step-by-Step Guide to Building Your Perfect, 1-Page Investment Plan

362: Scott Trench’s Step-by-Step Guide to Building Your Perfect, 1-Page Investment Plan

A financial plan puts you on the path to long-term wealth and a life rich in time freedom. So why don’t most Americans have one? Everyday workers are often so focused on paying bills and having a sliv...

12 Joulu 202245min

361: Finance Friday: Got Extra Cash? Here’s the Investment Plan for You

361: Finance Friday: Got Extra Cash? Here’s the Investment Plan for You

Retirement planning is something best started early on. The more time you give yourself to invest, the faster your accounts can grow, giving you early financial independence well before the age of six...

9 Joulu 202249min

360: Year-End Tax Tips and How to Owe Even Less in 2023

360: Year-End Tax Tips and How to Owe Even Less in 2023

If you talk about how to avoid taxes, most people will think you’re doing something fishy in the eyes of the IRS. Very few know you can use the tax code to massively lower your year-end burden, all wh...

5 Joulu 202241min

359: Finance Friday: My Home Renovation Put Me in a HELOC Hole

359: Finance Friday: My Home Renovation Put Me in a HELOC Hole

The house hack strategy doesn’t always run smoothly. Turning an old home into a modern, rentable masterpiece takes money—especially if you’re doing a big renovation. One of the easiest ways to get the...

2 Joulu 202258min

358: Giving Tuesday 2022: Which Charities Will Use Your Money Wisely?

358: Giving Tuesday 2022: Which Charities Will Use Your Money Wisely?

For the past decade, Giving Tuesday has been a way for everyday Americans to donate their money, or time, to charities and causes that help collectively make the world a better place. Whether it’s a l...

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