Coast FIRE at 24 with a $99K Net Worth Through Pure Hustle

Рет қаралды 12,504

BiggerPockets Money

Күн бұрын

Пікірлер: 42

@mississippiapple1078 5 ай бұрын

This young lady is one of the most incredible guests ever

@tylercampbell6058 Ай бұрын

Dave is like high school and Money Guys is like college. Then you get into graduate school with all these FIRE channels. I especially appreciate the Karsten Jenke’s, Sean Mullaney’s etc.

@dstevens518 5 ай бұрын

Excellent guest and kudos to Emma, whom I'm guessing will be not only comfortably FI throughout her life, but also a positive impact on society too. It's been very interesting watching society mature and learn life lessons about money, generation by generation. Early boomers rode the wave of demographics to success with great jobs, a growing economy and globalization, cheap housing that rose by leaps and bounds in value, and the first company defined benefit pensions. Later boomers already started to fall by the wayside without the same advantages to the same extent. By the time you get through Gen X and Millennials to Gen Z, there's KZbin university, online investing, index funds, and kids already on the saving and investing bandwagon, decades ahead of their parents...good for the kids! You might not have the same paved path as the early boomers, but you have something much more valueable. You have the knowledge of what can go right and wrong each gen ahead has demonstrated for you. Use it well. Learn, think, and most importantly, ACT.

@SmilingDessert-cs2le 6 ай бұрын

Very Proud of All your hard work Emma! 👏 Keep it up! Pls. Have more young adults guests as her.

@kohtime 6 ай бұрын

I’m 39 and have done something similar I guess! I’ve always been able to delay gratification, save, invest and from my perspective at least sacrifice for the good of the “bigger picture”. I’m very pleased to say at 39 I no longer have to work but rather am choosing to pursue more personal goals, spend time with family, keep healthy and if boredom sets in the freedom to direct my own work efforts to something personally fulfilling. It is all very achievable, even on a modest salary if your energy is directed efficiently and early. I love catching up on these stories as they have been a great inspiration over the years, even when things get tough always keep focused on that bigger picture

@EverythingExclusivee 6 ай бұрын

Inspiring 👏🏿 I also recently graduated university and have been saving for coast retirement since 20 yrs old , currently 24

@giulihoho4421 6 ай бұрын

@@emmavonweise7780Hey Emma I submitted my application to the non profit personal finance program. I really hope I hear back it sounded really cool !

@buyerclub2 6 ай бұрын

If you are interested in talking to somone who started off with $1K, worked mostly in middle management, and now has a net worth of over $8MM, as well as the "reverse student loan" concept , let me know a real way to contact you and I will elaborate more. BTW, I am now FI, but didnt RE, just in my lower 60s. Why? I hear you ask? Predominantly because I liked the social aspect of my career, and didnt want to leave it. But Covid changed that. I then changed to my current status. (And like you, I dont think I am actually retired. I am just not working full time.)

@tylercampbell6058 Ай бұрын

I’d like to know what you mean by the reverse student loan concept. Can you elaborate?

@buyerclub2 Ай бұрын

@@tylercampbell6058 even though I made that comment months ago, I will answer yours now. If your parents invested in a UTMA plan, but then were able either through you or them paying for college without accessing the funds. They would then be able to provide those funds to you when you graduated. (well in actuality the funds they would have become the minor's when you they turned 18,). somewhat more difficulty to do this with 529 plans that require the funds be use for educational purposes, but there are ways to indirectly use them too. (so I use the term "reverse college loan, to mean when you graduate, instead of owing money, you receive some. Did this for both of my children. (now in their 30s) Their chose schools that allowed me to cash flow them. And when they graduated they received the UTMA funds we had been saving for their education) Wish more parents and their children both made these investments early on, and helped their children make smart college choices

@lilibethvilella 6 ай бұрын

Love your joy Mindy! ❤ thank you for these captures. You leave us better.

@BobbiShaw-z3g 5 ай бұрын

Emma has always been an amazing person, and this just proves it!! Always a hard worker and looked for ways to improve her position! I am so glad I was able to meet her at Park University. She was student worker for the University Advancement department, and she worked so hard for us.

@3rdDecadeInc 6 ай бұрын

Go, Emma! Thanks for sharing your financial journey and for the 3rd Decade shoutout! 👏

@sheilatanart9874 6 ай бұрын

Wow, Emma is an impressive young lady! So responsible and intentional about her goals. Wish I was at her age! Haha

@CitAllHearItAll Ай бұрын

That dude is using his Corolla as a FIRE status symbol.

@Michael-wr1yy 5 ай бұрын

Just superb. How inspirational

@grumpy-nerd 3 ай бұрын

Emma is awesome!

@jenniferwise7975 6 ай бұрын

Wow! Inspiring story! 🎉

@MYlearning-f7l 6 ай бұрын

What an amazing young lady!

@cherylvargas8861 6 ай бұрын

My 09 Honda Civic Hybrid I've had for 10 years has 408,000 miles. Don't judge😂

@LaurenNOtmi 5 ай бұрын

That’s impressive!!

@Monkey-oy1us 6 ай бұрын

Hmmm my 2007 honda civic coupe lasted 9 years, which i sold for $5000 bc we were pregnant. I’m on the honda train. Toyotas are great but in general, they seem to ride in left lane, going at speed limit

@Yieldthief 6 ай бұрын

Love the younger generations saving and getting a head... anyone can do this... im 35 fully retired now enjoying life and living off my etf dividends.. life is beautiful . We aint meant to work until we old

@LaurenNOtmi 5 ай бұрын

What etf?

@Yieldthief 5 ай бұрын

@@LaurenNOtmi schd is my strongest position

@lilibethvilella 6 ай бұрын

I love what I do too & love travel. ❤

@dagreatstoney.5869 5 ай бұрын

This girl/woman is seriously super 👍

@halamadrid0709 6 ай бұрын

Great interview, love seeing young people taking an interest in money and investing, instead of blaming everything on everyone else like a liberal

@dstevens518 6 ай бұрын

Every political stripe has members that blame others instead of taking personal responsibility. And it's true that others DO affect you, whether that's government policies, or societal thinking. But yes, take control of what you can control, including your own attitude.

@josephlim6854 5 ай бұрын

She was fortunate to have that friend explain to her investing etc.

@buckbyrd45 6 ай бұрын

When is the next 🔥 cruise

@KS-cl8br 5 ай бұрын

hopefully you dont let your parents mouch off of you anymore

@user-ku5vm5jb1h 6 ай бұрын

Again. Another story of an anomaly. The majority of us grow up with zero knowledge and no one to teach us. We also never knew anything about money. This is the average person. Your interviews are interesting BUT not helpful to the normal person that needs a step by step approach.

@dstevens518 6 ай бұрын

Really? I LOVE these stories and think that the anomalies are the ones that give us insight. Personally, I think it's not the knowledge that's the difference maker, it's the motivation. It takes zero knowledge to figure out the way to accumulation is to make more and spend less. But it takes motivation and discipline to work relentlessly to make more, to save relentlessly to accumulate, and invest wisely to turbocharge that accumulation. It's a lot like dieting and exercise. Not rocket science to know that's the way to a healthier you, but can you follow through? This girl had motivation when her dad quit his real estate job. Most of us are lucky we had idylic childhoods instead, but we didn't get the headstart she did...

@Zahra_95-Abd 6 ай бұрын

Well said!

@ShaneEnriquez-u1b 6 ай бұрын

@emmavonweise7780 you did great Emma! I hope my daughter who is now 17 will take interest about her financials and set a goal to FIRE someday too… Well, to start she’s interested to start a summer job and she loves to save… (that’s a good start I guess) She doesn’t mind doing a 2 yr community college to save money as well, then transfer to University later on🤞🏼 anyway, you rock!! and Im sure you’ll inspire more younger generation that it is possible… Again, great job and keep it up! 🙂