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

Episoder(742)

381: Is Financial Fear Stopping You from Living the Life You Dream Of?

381: Is Financial Fear Stopping You from Living the Life You Dream Of?

Knowing how to build wealth may come as a given for most investors. Buy assets, hold on to them, profit, and repeat. While this formula may seem simplistic at first glance, the emotional side behind i...

3 Feb 202348min

380: Surviving a Layoff: What HR Wants You to Know?

380: Surviving a Layoff: What HR Wants You to Know?

The 2023 tech layoffs have already begun to make the 2022 tech layoffs look like small-scale firings. What started as a few large companies firing unneeded hires quickly ramped up to an industry-wide ...

30 Jan 202353min

379: Finance Friday: Stock-Based Compensation Explained and Tax Traps to Avoid

379: Finance Friday: Stock-Based Compensation Explained and Tax Traps to Avoid

For the entry-level worker, employee stock options may seem completely foreign. But for most tech workers, this is commonplace and can be highly lucrative if understood correctly. In short, employee s...

27 Jan 202357min

378: Billion-Dollar Jackpots and the Bright Side of Buying a Lottery Ticket

378: Billion-Dollar Jackpots and the Bright Side of Buying a Lottery Ticket

“What to do if you win the lottery." This question is getting more online searches than ever before. But what would you do? The wheels start turning as soon as those lucky numbers get picked. You star...

25 Jan 202359min

377: Mr. Money Mustache on Life After FI: The Truth About Retiring Early in Your 30s

377: Mr. Money Mustache on Life After FI: The Truth About Retiring Early in Your 30s

Mr. Money Mustache is the internet’s poster child for early retirement. At age thirty, Pete Adeney was able to leave a lucrative job as a software engineer to focus on building a financially free life...

23 Jan 20231h 13min

376: Margin Loans: Low-Interest Lending or Risky Rates?

376: Margin Loans: Low-Interest Lending or Risky Rates?

Margin loans could be the sneakiest way to snag a low-interest rate loan in today’s Fed-influenced environment. What most investors don’t know is that you can use your stock portfolio as collateral to...

20 Jan 202341min

375: FTX, Fraud, and the Case for Cryptocurrency in 2023

375: FTX, Fraud, and the Case for Cryptocurrency in 2023

Cryptocurrency is dead in the mind of most investors. What started as an awe-inspiring investment reaching massive multiples in just months, quickly became a subject of contention within the investing...

18 Jan 202357min

374: Private Equity: Passive, Profitable Investments You’ve Probably Never Heard Of

374: Private Equity: Passive, Profitable Investments You’ve Probably Never Heard Of

Private equity is a term often left undefined. Ask most people if they’ve heard of private equity, and they’ll say yes. But ask them to explain what it is or how it works, and most Americans will stru...

16 Jan 202355min

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