Living On $58K A Year In An RV In Austin, Texas | Millennial Money

[@CNBCMakeIt]

What's your budget breakdown? We're looking for stories from all ages, not just millennials! Share your story with us for a chance to be featured in a future installment of Millennial Money: ​cnb.cx/32TYZ2K​

[@BigSlim48916]

❤❤❤❤

[@relaxationsoundsambience2724]

Way to go Carly! I Earn 150K per year, own 2 homes in NC and HI with about 10 years left to pay off one, student loan debt is 180K, no other debt. I have both 401K and Roth which my employer matches 6% for each. 3 adult kids (one is married with kids, one is in medical school, and one lives with us). My husband is a retired veteran. The monthly budget is around 13K coz we live in one of the homes. Just want to get rid of that debt if anyone has ideas. My financial knowledge is below average. Thanks in advance.

[@bbierman7]

I took Carly’s class several years ago and paid off $8k in debt in just 4 months. (She even wrote an article on her blog about me!). I highly encourage everyone to take her class.

[@patience2005]

I understand wanting to get out of debt, but I can't wrap my head around people who are in debt paying $399 to learn how to get out of debt.

[@bestmoneyclassever]

Thanks Brendan!!

[@reprovedcandy]

Wow! I too got out of debt, and am now rich. My investment advisor, Patelco Johnson, is a truly incredible human being who knows the markets very well. Perhaps you should consider reaching out.

[@BB-rs4sb]

​@patience2005 me either, but some or alot need guidance & maybe the best $399 they ever spent for knowledge & the right path

[@woodside4life]

@@patience2005That’s the hustle.

[@thegutsociall]

These videos are so relatable, clear, real life examples and I love it, it gives people hope to saving and making wealth

[@umrashrf]

Financed by Wall Street to make you believe saving and stock market is real

[@jasminecontreras7341]

She’s so inspiring! What a disciplined person!

[@GhanYt]

Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.

[@fireflymary9269]

These people who get on various KZbin channels where investing advice is one of the subjects are always peppered with supposed great investor professional names and it’s probably all scammy or even false baiting. Folks be very careful of what appears to be ordinary people making comments. They are here very intentionally and are being dishonest straight off the bat by making readers have first fake impressions.

[@lamiaakabary]

@HassanChoukri-jo7ku Scam: kzbin.info/www/bejne/o5fQaGSpndGasM0&ab_channel=RungudInvestigations

[@andrewsnyder9262]

It really is unfortunate. you Should spend some time educating the kids about how just a few hundred per month in a good fund will make you a millionaire before retirement. It’s about starting young and sticking to the habit.

[@NHJDT]

My husband and I have a little less than $2M and we have lived in an RV since 2021. Traveled all over the US with our 3 kids who are enrolled in online home school. Now we are traveling through Asia. They are studying world history so it's awesome for us to visit places and museums that really bring each country's history to life. There is no shame in living tiny no matter what your net worth is. I miss my Rv, it's in storage in Texas at the moment.

[@bestmoneyclassever]

Wow this is amazing!

[@nvasudeva]

Could you please share some resource or link to online home school ? My kiddo goes to one of the school district and i would like to learn more about this online home school.

[@lidyasworld3130]

Wow! I’m about to buy an RV fr tbh.

[@PhysiqueFuel]

What do you guys do for a living? If you don’t mind me asking.

[@bryanalvarez4389]

What online home school and do you recommend it?

[@USARMYMEDIC21]

There is nothing wrong with living in a RV…. I know plenty of Travel Nurses who live in a RV and make between $100,000.00 and $200,000.00 a year…. Doing a lot better than people living to pay their mortgage!

[@blackamericanlesbianprofes4357]

Agreed, USARMYMEDIC21! A mortgage is renting is how I see it, you don't own the home until you completely pay all of it including interest. And great to see, I am a USAF Veteran as I read your profile name.

[@caravanlifenz]

@@blackamericanlesbianprofes4357 Same - if you have a mortgage for 50% of the value of the house, then the bank owns half your house and could lose it. To me, "owning your home" means to have paid off your home.

[@NatorDM]

Yeah but the quality of these RVs is literally horrible. It’s a depreciating asset the moment you buy it from an investment standpoint which is something most people need to jump classes from low to middle to rich real estate is the only substantial cause of jumping classes or rather returning in your investment.

[@blackamericanlesbianprofes4357]

@@NatorDM You obviously have not viewed any RVs, especially from some years ago to present!? The variety of sizes, and from simple to luxury that they have become. And you, musicmills6, are forgetting that you have to maintain the stationary house by paying for many costs/fees from maintenance, insurance, etc. If you want to have your stationary house as an investment then sell it, expect to pay many costs for its upkeep to be able to sell it.

[@piknick111]

Travel nursing is far different than 58k a year.

[@christianmolina8372]

She seems so geninue and down to earth. I would prefer living in a tiny van like that than pay the rent prices out here in SF.

[@Wildcat221]

She’s a smart cookie! Great work ethic! Good for her! 😊

[@djpuplex]

I make $60k/yr in Tampa FL and live full time in my van. Rents are just too crazy now.

[@bestmoneyclassever]

Awesome!! You should click the link above and apply to share your story!!

[@gregorypeterson9]

That's awesome thanks to places like planet fitness you can pull that off alot easier especially in a warmer climates.

[@djpuplex]

@@gregorypeterson9 Planet fitness, public library or work. Florida gets too hot 8 months out often year after 10am it's off the beach and indoors.

[@flanagamer]

Doesn’t that get kinda hot in the summer? Where do you shower? Park? Go to the bathroom? 🤔

[@bestmoneyclassever]

@@flanagamer My RV is located in a RV/Tiny Home Community in Austin, Tx. I have AC, Water, Heat, etc. There's a bathroom with a toilet and shower! CNBC posted a tour of my RV on their Instagram:)

[@donnyramay2635]

I currently live in an RV park with my travel trailer I bought for $5000. Trying to pay off student loan debt and maybe the housing market will be reasonable in 3 years.

[@bestmoneyclassever]

You got this! Good luck on your debt pay off!

[@brandtc.7991]

FINALLY!! Someone I can fully relate with and seems real!! This is someone that actually budgets finally! and does it right! Still leaves room for fun spending, but is still ready for anything else. Also wanting to buy their freedom back too! Love it! Holy crap! she literally started a business that I would love to do! I always tell people I dont want to be a financial advisor, its a scam, but being a financial coach that shows how to budget and invest right, that would help so many!!

[@mmeb7250]

I really enjoyed Carly's story. She makes starting a business (or two or three) look so natural. Impressive.

[@bestmoneyclassever]

Thank you! It wasn't nearly as easy as it looks though🤪🤪

[@patriciacullenbach8472]

This is so inspirational, having a goal and meeting those goals...

[@staywinningpod]

Met Carly at FinCon in Orlando. Glad to see her doing well.

[@bestmoneyclassever]

👋👋

[@sydneys-4]

I'm so happy for her!! She's refreshing and her best money class sounds so helpful! I wish her all the best!

[@bestmoneyclassever]

Thanks!!

[@ZackHughes]

Carly this is so awesome. Very proud of you! You killed this 💯💯

[@siyethembafaithdlamuka4512]

I admire how she's so organized

[@bestmoneyclassever]

Thanks:)

[@kioflife]

Why are people upset about RV/Mobile Home living being normalized? Yall do know everyone doesnt want to be in debt with a mortgage. Almost 95% percent of America regretted buying homes (2023). Now I get living in a tight car is not ideal but RV/Van/Bus/Mobile Homes are also really comfortable for many people. The American Dream was just that...A Dream. Create the life you want that brings you fulfillment without the pressure to be in debt for so called happiness or make an investment back.

[@williamlewis3582]

So true I live in my van as we speak by choice I work full-time and love the lifestyle. I'm just enjoying life with no pressure.

[@blackamericanlesbianprofes4357]

kioflife, there are various sizes AND luxury home-on-wheels. Several inside literally look like a fancy home and quite spacious! Can cost a similar price as a stationary home. But home-on-wheels also have to be maintained/taken care of so there are continuous maintenance costs. So, plan and prepare for either a home-on-wheels or a stationary home.

[@kioflife]

@blackamericanlesbianprofes4357 it truly depends on the type of mobile/tiny home you're getting. If you are getting one with an engine the cost of maintenance will be a given but any home no matter on wheels or stationary requirements maintenance. I lived in a house for 20 years, gutters, toilet issues, roofing, drainage, lawn, etc... were needed annually or 5 years. It truly depends on the type of personal living standards you have.

[@MattSezer]

Because jobs should pay enough that you shouldn't have to live in an RV?

[@kioflife]

@@MattSezer So is your whole life's goal to work a job? A house is a place of shelter just like an RV. RV, Mobile Home, Tiny House, etc... They have bathrooms, kitchen, heat/air, and bed. That is literally what a home has just smaller scale. Apartments are small units inside of a shared building, are those not homes?

[@JBoy340a]

Great to see the way she budgets. Everything is planned and if something negatively impacts her goals, she can decide whether it makes sense to do it. Also, having a separate business account is great. You don't want to take away from the thing that makes you money due to lifestyle issues.

[@Lord_Cardboard]

Kudos to her from a fellow Austinite for doing it right and starting it early!

[@theplacesigo4169]

Wow. She is awesome and very driven. Good luck to her on her other goals

[@moff_gideon]

Why are they not showing how much she makes from her business?

[@TheBrianCloud]

Because that would ruin the illusion

[@domenik8339]

The $1,000 towards investments a month should have tipped you off that this is a rich person pretending to be poor. Most Americans have less than $400 in their bank account at the end of the month.

[@NoctisStrife88]

​@@domenik8339facts

[@anonuser12345]

@@domenik8339 How is she pretending to be poor? She is obviously successful financially and plans to become a millionaire in her 40s

[@PizzaFriend]

Great interview. Well made video and good advice.

[@francisebbecke2727]

She is a smart lady who plans ahead!

[@capitalgains2216]

She plays safe financially. But scared money makes no money. Also she lost in game of life. No man no children, will be lonely and depressed kicks in. Invest in family and have a partner would get her first million way sooner

[@robertjamesonmusic]

@@capitalgains2216 I know plenty of people who are married and have kids and are depressed.

[@szszszsz95395]

There is nothing wrong with living in an RV, but where you park it means EVERYTHING because the majority of the people who live in an RV tend to be the low- performing low achievers addicted to alcohol and drugs, OR they are just vacationing, so it isn't a permanent community-building way to live permanently. Clearly, it isn't safe for single females like this woman. If that is not what you observe in your cities, please share where the better and safe locations are!!!

[@nerdbeast04]

She’s awesome I hope she succeeds in everything she pursue strong resilience.

[@josealfredoamartinez6349]

Wow her story is very inspiring 👏 loved it. Wish her more success 🙌

[@tomaxxamot2016]

Moral of the story don’t spend more than you make, because any little difficulty healthwise or a new freeloading or bad spending significant other or Child can throw this lifestyle right out the window

[@Janaya88]

Quick question: In this breakdown was the Lot rental apart of your housing expenses? @ minute 2.10

[@bestmoneyclassever]

Yes, I paid $792 for the lot and utilities (electricity, gas, water, trash, and internet). I paid for my RV with cash. Some ppl who do RV life have payments on the RV itself. For me, the $792 is everything I pay for housing! Does that make sense? Are you thinking of doing RV life?

[@Janaya88]

@@bestmoneyclasseverThank you for responding. Yes I have been thinking about RV living very seriously. After careful consideration, I've realized that this lifestyle would allow me to save substantially, creating an opportunity to build real wealth and obtaining my life goals. I am a bit reluctant because I am a single mother of 1. He's 13 and is open to the idea. I've explained to him that this life would allow me to purchase a home in a couple of years. Being a mother has been my only hesitation, nevertheless I feel owning an RV whether fulltime living or recreational is a benefit. I like the idea that no matter what I would have somewhere to live if life takes a turn I don't expect. As a single mother this issue is very serious for me to have the stability of somewhere to live in an uncertain economy.

[@bestmoneyclassever]

@@Janaya88 I recommend starting to save and invest NOW with your standard housing now too! Most of my savings started when I was living in an apartment! RV life isn't the key to saving, it's automatically investing a percentage of your pay consistently over time! That's what does it!

[@Janaya88]

@@bestmoneyclassever I agree, I have investing knowledge, however cost of living is so high it's eating away at any opportunities to save. After assessing my finances this is the only area where I can cut cost. I literally have no other wiggle room. I'm working 2 different jobs just to make ends meet and it's still not enough to save. As a solo income household and single parent, there aren't many other options. My back is up against the wall, and I feel it might be time to take some drastic measures to secure my future.

[@TheRealEdStoner]

⁠@@bestmoneyclasseverI live in a 36 foot RV with my daughter and her boyfriend. Was in Austin about a month ago. The scariest thing since we started has been driving in the mountains towing a Jeep. We change locations about every 5 day.

[@MountainofInspiration]

Thank you so much for sharing your journey with us

[@bestmoneyclassever]

😁

[@bestmoneyclassever]

It has been quite the journey! Rv life is such an adventure!

[@carmellabrown3335]

I really enjoyed this video. Good luck to her!

[@bestmoneyclassever]

Thank you💗💗

[@BudgetGirl]

This is awesome! Carly is amazing!

[@bestmoneyclassever]

Thank you!!

[@Blackjack09721]

This lifestyle is cool and all, but I feel like there is no in-between ever shown. You are either living so frugally you are basically working just to save. Or you are spending so much that you are working to pay off debt (but depicted in a way that you are living a successful lifestyle). I am not sure why only those extremes are always shown in a positive light?

[@upsidedownjesus]

You won’t get a lot of clicks from someone who can afford a decent apartment and drives a car that is paid off but life will literally never get better then that and I slowly become older and older until I die and no one cares and they rent out my apartment two weeks later and replace me at work inside a month. My life is a meaningless cycle of waking up early to go to work and coming home too tired to enjoy my free few hours before going to bed so I can wake up early tomorrow to go to work.

[@singlemotherRespector]

Honestly being debt free alone puts her ahead of many people

[@ErickaWilliamsCC]

yooo met her at fincon in austin texas.. cool.

[@walkinggirl8601]

How does it work ? If you live in RV and rrent the spot at a camp . Can you stay there "forever" ? Does rv hoocked up to sewage and water ? If there are repairs that need to be done, do you have to bring RV to a shop or they come to your location. Im curious about the details of living in RV . What about winter time , is it cold inside ?

[@BroiledSourGrapes]

RV parks are usually setup to where you can pay monthly for the spot. No long term lease. Renews every 28-30 days. Most parks have full hook ups. Electric/water/sewer/cable.

[@walkinggirl8601]

@jpsyt2709 is there a limit on how many months you can stay in a row ? I see that her location looks really nice , next to the river. Here in California, many RV parks are touristy . You have to reserve a spot in advance, and space and times are limited.

[@chrisroz5833]

So Much Inspiring 💜👌

[@mmmd3429]

RV living is legit and a fast path to FIRE.

[@capitalgains2216]

Buy a rental property with separate suite . Put in 20% down , keep payment low . Basement suite should pay 100% if her mortgage . Built equity and save her income to invest in other stuff. Would be much better…. Advice from 9th grade drop out here

[@jecceh]

This is a smart person. She makes 58K per year. So putting her in a 22% tax bracket. Net income = 45.2K. She’s investing 12K a year (I assume in growth stocks) thus she’s investing almost 27% of her net income. She is living frugally, but happily. To me it’s an huge accomplishment. Good for her. #smart

[@domenik8339]

Is there a reason you don't do the same?

[@ThomasSunBorn]

Those numbers don't add up. Somethings missing.

[@vl1180]

$13,000+ in taxes is crazy

[@nvasudeva]

Nice video ! All the best for becoming a millionaire by 45. Having said that it would have been nice, if CNBC would have showcased how she plans to become millionaire in next 6 years considering the fact that she is 39 and that means she is expected to save 160k every year for the next 6 years.

[@holdencawffle626]

Agreed.

[@lanafontaine936]

Medicaid! Free rider/active "social"life indeed she can! And aslo so,she is An Expert now 😂so she probably is getting paid Whats admiring though Girl can dream! And Discipline!

[@ericaford1454]

😫😫😫 uggghhh if I could turn back the hands of time!!! Cheers to you Carly 🥂

[@anonuser12345]

You are awesome! Keep it up!

[@patriciaetienne5070]

Her choices and lifestyle is her own. Her story is shared because maybe there’s people out there that share the same goals as hers and/or live the same life as her. And that’s okay. Great job Carly!

[@bestmoneyclassever]

Thanks patricia!!

[@alipainting]

I realized I need a social life more than a couple of months in Costa Rica. I made many friends traveling, but they were fleeting friendships, and now I only see them on Facebook 😢

[@ngansstudio8674]

Omg her story is amazing

[@bestmoneyclassever]

Thank you!! Glad you like it:)

[@tomaxxamot2016]

Really where is the significant other or kids

[@bestmoneyclassever]

@@tomaxxamot2016 I'm asking myself the same question🤣🤣. Haven't found my match yet!

[@ngansstudio8674]

Some people have kids in RV, probably a mobile home / tiny home would be fine if you ever need to !

[@ethannaka1822]

@@bestmoneyclassever Your mindest around money is so attractive. It's so rare to find that. If you ever plan on moving to Seattle.. haha

[@khill704]

Great story!

[@gr8bkset-524]

Certainly living in a paid-off RV keeps her expenses down, and I applaud Carly's FIRE achievements. I wonder how this would compare to if instead, she were to put that money on a down payment on a home years ago and rent out the extra rooms. Her mortgage would have been fixed (vs the RV space rental which rises over time) and she would have gotten home appreciation and rent increase over time ... and one day may decide to move into that home. Years ago, I saw a statistic somewhere that says something like +80% of millionaires achieve so through home purchase. Another stats was "homeowners have an average wealth of $250K vs 25K for renters".

[@Erin-rg3dw]

The mortgage may be fixed, but the housing costs definitely are not. Property taxes, maintenance, HOA fees (if applicable) - all of those can change year to year. The RV also gives her the option to relocate or travel without worrying about what to do with the house or trying to manage tenants, while keeping overhead costs down. Home ownership is definitely not for everyone and doesn't make the best sense for every financial situation.

[@BroiledSourGrapes]

Property tax and HOA in Austin TX would cost more per year than her RV lot rent. And per your "renting other rooms out", my home is a sanctuary to get away from the world. I wouldn't want strangers living in it. Might work for some folks, but not for myself. As long as she is building equity in other areas(which she is, they referenced her investment assets) she's doing just fine. Most folks are either terrible savers because they can't afford to save, or just don't want to save, so a home is a locked in savings account in a way which attributes to their net worth. As long as you have the discipline to save in other areas a home isn't the only means to an end.

[@ashlynsolis]

Not everyone wants a Mortgage, roommates, yard maintenance, property taxes, or to be in one place. Some people LOVE travel, no roommates, no yard maintenance, no property taxes, small, cozy, manageable living spaces and the freedom it brings.

[@langhamp8912]

One is an appreciating asset while the other is a depreciating asset. However, the barrier to entry (to both) has been steadily rising, and for most whites in the US a fixed home is not possible in the neighborhoods they want. On the other hand, towing a depreciating asset behind another depreciating asset is essentially lighting your money on fire. There ARE a surprisingly large number of vacant homes in the US available for purchase in the 60 to 120K range; the problem most people see is that they are in predominately minority neighborhoods with very high tax rates (sales and property) and very little public infrastructure support outside of water/sewage/electric/roads. Thus, people like Carly in stuck in this middle ground of not wanting to be in an undesirable neighborhood while also being unable to afford a desirable neighborhood. Result: an RV whereby she manages to save money despite owning a depreciating asset being towed by another depreciating asset.

[@gr8bkset-524]

@@langhamp8912 Many of the "kids" in my neighborhood in southern California are reaching 40 years old and can't afford to buy houses which now average $1M. They had a five years window 20 years ago when they graduated to live at home with their parents and save up for a down payment 15 years ago when average homes were $350k - $400k range, but that was not their priority. Instead, career, new cars or renting their own place was more important. Those that bought homes 15 years ago saw appreciation of $600k, plus $100k principal paid off, plus had lower monthly mortgage payments than rent, plus lower property tax than those buying now. I bought my home 30 years ago at 26, paid it off by 38 and retired by 45. I had a few roommates to help along the way, but the biggest thing I did right was to buy early in a rising market.

[@Happysoul_3]

Wow.. his professor is realy a great individual, he adivised her to do business..

[@Anonymous.24.]

Please don’t normalize making $50,000 as a single person and living in a car or RV.

[@carmellabrown3335]

What's wrong with it?

[@tcgtpl]

The WEF has more influence on that than a KZbin video.

[@Vim_Tim]

Van life videos are popular specifically because it isn't normalized (and probably will never be).

[@xavierclayton9990]

Make your own channel and S T F U.

[@Coffeetime1991]

You don’t get the bigger picture… it’s okay let me explain… that’s all her money! Nothing going to debt, since she has no debt. She also managed to save a lot of money. Technically she’s wealthier than someone making $200k with tons of debt.

[@djwashx]

Great job!!!!!!!!!!

[@ReneDeFelice-r3s]

Way to go girl!

[@bestmoneyclassever]

thanks!!!

[@aarontoalet]

How does she spend $100 on food in the month?

[@lonniedavila55]

Talk about being financially stable respect!

[@andrewsnyder9262]

What is anyone doing with $58k per year anymore? I respect having a positive outlook on life and making the best of what you have but $58k now is no different than $30k 10+ years ago. And I remember making more than $30k 14 years ago just bussing tables at a restaurant. In fact I was making over $40k doing that back then. It was tight then before the astronomical inflation we have had. Seriously the good ole days are gone for average workers. You have to be resourceful and make sacrifices to keep going.

[@infini.tesimo]

While the FIRE savings method and overall viewpoint on money is not my style, it is admirable for the organization, and the due diligence of her lifestyle that is noteworthy. Definitely explains why she got her management job. What I would say to her is that to not play that scared in life and look into acquiring cash-flowing businesses and be around people who actually spend 100x more than what she has planned through FIRE as they are out there, this is quite normal, and they achieve this without batting an eye lash because they invest into being around others who do the exact same thing. When you play it small, you make small moves and it shows through the mindset. 😉

[@capitalgains2216]

Espeacialy women don’t have that much time during their most fertile years. The price of financial freedom too being alone forever and dying alone isn’t fun. Guys we could have financial freedom and start family later in life. Women eggs expired

[@9395gb]

Absolutely not true. Most men aren't starting families past the age of 50 years old as they don't want to raise children in their retirement age or spend their retirement funds on children. Both men and women are on the same fertility clock. The very few men who are having children later in life tend to be part of the 10 to 1% of upper class wealth who can afford money from their retirement funds to have children after 50 years old.

[@rashadthewealthcoach]

@@9395gbI agree. My wife and I have 3 kids. When our youngest one graduates, I’ll be 51 and my wife will be 49. Then we both get to retire the next year. I can’t imagine having little kids now.

[@chaselesser3191]

She is a gorgeous and enchanting woman. I like her.

[@NoctisStrife88]

😂yea right

[@chaselesser3191]

@@NoctisStrife88 I mean, we all can’t just like the woman with a 14 yr old boy physique. 😅. Those people can keep their twigs.

[@eliflynn7282]

I make around 50k a year. I get to keep about 34. How great life would be if I could actually keep what I work for.

[@joesanchez2368]

Taxes are necessary, how great would it be if you made more than $34k a year? It's not taxes, it's your wages and everyone charging you so much for so little

[@barrbarr31u]

Dave Ramsey approved! YOU GO, GIRL!

[@David_10157]

This is depressing. Cutting your expenses to the bone to retire early. With a finance degree, she could have easily made 6 figures a year and accomplished the same goal with a better quality of life.

[@MeZzZzZzZzZzZzZzZzZ]

I don't know about "easily" got a 6 fig job. Most people see finance degrees as worthless. (I have a finance degree)

[@juliaortiz6483]

she seems pretty content and happy to me. just because you’d want that life, doesn’t mean everyone else does.

[@David_10157]

Everyone appears content online. Whether or not they actually are is another thing. @@juliaortiz6483

[@bestmoneyclassever]

@@juliaortiz6483 I'm pretty happy!

[@moff_gideon]

Having a finance degree means you have a degree. Not one that employers care about

[@djpickleballplayer]

How is she retired early if she is still working? And it sounds like full-time. Plus she said her nest egg is $100k. So, her annual living expenses is $4k?? Her math makes no sense.

[@JordanCricketMoore]

Coast FIRE is not retired. It means you can never invest another dollar and let the nest egg grow until retirement age, at which point it'll cover (estimated) expenses

[@flanagamer]

$174/month for food?! In Austin?! Ain’t no way! Unless she’s surviving on bread and water, I don’t see how that’s possible. Food is easily $130/week minimum, and that’s getting the absolute basics

[@ashlynsolis]

I practice intermittent fasting and eat one meal a day. $175 is COMPLETELY doable. People don't seem to understand that there are lifestyles different than their own.

[@DrWashingtonMA]

Millennial for sure because having $1M is not enough to stop working 😂

[@SugaDontPlay]

Is your hearing bad or do you just lack comprehension abilities??? She LITERALLY said at 8:56 "I don't necessarily want to retire, I want to spend my time reaching people and helping people turn things around with money". And, right before that statement she said that if she reaches her goal she would feel confident that she wouldn't have to work a standard job aka signifying that she would pursue her business that she mentioned in the words I quoted. Really, I think your jealousy (or contrarian mindset) has degenerated your ability to understand and process basic information.

[@seeia1673]

@@SugaDontPlayLmfaoo calm down this comment wasn’t even malicious sounds like you’re the one with comprehension abilities

[@GabeThompson-e7o]

How do you find campsites for 700$ a month. I’ve looked and the cheapest i can find is $1900.

[@richlikeg3722]

Hard work pays off. Not many people can have that type of discipline

[@bestmoneyclassever]

thanks!!

[@joefw2446]

Fantastic!

[@thepricklyonesbyyanawhelan]

Good to be here. Nice story.

[@prancer4743]

You have been listening to to the Ramsey show good for you 😉😉😉

[@greghack3134]

The outdoor living living in an RV is great it’s freedom. The only mistake you’re making is leaving your money in the bank. You’re losing money take that money and put it towards an investment in a business not in the bank because the bank will take your money and make money off of it by loaning your money to other people.

[@ARLGD]

Reply: "Great video on RV life! As a fellow outdoor enthusiast, I highly recommend the Segway Portable PowerStation Cube Series for reliable power backup during your adventures. With its massive capacity, fast recharging, and versatile sockets, it's perfect for powering your devices and appliances. Plus, its waterproof technology ensures it's ready for any adventure, rain or shine. Happy camping!"

[@astronomicatx]

Carly's story is fascinating! Heads up - we host founders/investors events in Austin! Here's to fostering a supportive and healthy entrepreneurial community!🚀

[@marik1104]

Awesome!! 😊👏

[@joseromero9933]

Awesome video young lady

[@asnboy1084]

Truly the millennial way, teaching personal finance classes as a guru when you live in a car and don’t have much assets or family to your name.

[@MsSimpleMovies]

She majored in finance, she's debt free, has one year of living expenses saved, is investing and isn't trying to impress anyone with an Insta-life. She's scrappy and hard-working. Yes, she doesn't have a house, but the timing of her graduation was right at the 2008 recession. Her lifestyle isn't for me (having my children was one of the most urgent matters for me, since I've always wanted to be a mother.) But, let's appreciate her hustle! She's not entitled at all! I really appreciate her hard work.

[@gregorypeterson9]

@@MsSimpleMovies She's a Rockstar a badarss!

[@ihaveadreamformykids4400]

She is doing great. To have a million by 45 is an achievement. Her million will grow for another 20 years and become 2-3 million.

[@capitalgains2216]

@@ihaveadreamformykids4400or invest in a family in her most youthful years and have kids. Invest in real estate with dual income could make her millionaire way sooner than 45 . Instead of single, lonely and childless till she’s 90 years old

[@bestmoneyclassever]

@@MsSimpleMovies thank you!

[@claudiotova6163]

Making $73K a year which is $55K after taxes. Living on $21K/year and saving $34K. Just rent a room and spend wisely. It helps a lot.

[@JordanCricketMoore]

Average rent in Austin is almost 18k/yr.

[@claudiotova6163]

@JordanCricketMoore 18К/year is not a room rent. I live in Boston. Decent rooms cost 1K/month (12K/year +6K to spend). Austin is much more cheaper. I've been there, I know.

[@MissAdventures]

RV living allows you to take risks and save in a debt free lifestyle to later pay cash for investment property. If you fail... you can move and start over.

[@capitalgains2216]

Except she wasted all her youth and fertility years on chasing money . Now no man no kids. And will die alone at age 90. Loneliness and depression eventually kicks in

[@TheMiccoliGroup]

@@capitalgains2216 Awww bless your heart! You assume wrongly that every woman wants to be burdened by a spoiled man who cheats and she still ends up alone when she is 90. She does the work she loves, pays her bills, saves her money and doesn't wait for a man...if he comes along great...if he leaves ....great... she chooses to be happy.

[@q_rockz]

@@capitalgains2216your loneliness isn’t her loneliness.

[@TD-iq1gk]

Her story is inspirational!

[@stevenj764]

4% rule assumed you live 30 years after retirement without other source of income. IF you retire early, you will live more than 30 years and need more than the amount calculated using the 4% rule under the regular retirement age of 65 (or 67).

[@satoshi_yukamoto841]

she's awesome!

[@bestmoneyclassever]

Thank you🥰

[@michaelsmallarz7183]

What a wonderful life

[@georgemblack]

Carly is an inspiration! I wish I had the same self control over my finances.

[@capitalgains2216]

But no man no kids. Loneliness and depression will eventually kicks in and die alone at age 90. Invest in a family in her youth and fertile years. With a partner with a home would achieve her millionaire status way sooner than 45 lol

[@peetgikeri5245]

Men of culture.. We meet again

[@shiptj01]

Lol

[@nsanenthembrane]

This is honestly a good idea. I have two cats though

[@RealThatDesignerGuy]

She doesn’t fall for the marketing hype, Texas is a cheaper area for living and she went after deals. Good for her. Hopefully she’s actually happy. I don’t think this would work for other areas like NY or CA.

[@choonook9184]

We travel a lot with our RVs and people do this in every state. Nearly every city in the USA has KOAs packed with full timers, so it caaaaan work, but it's definitely a lifestyle shift

[@a.r.8987]

​@@choonook9184what's KOA's?

[@choonook9184]

@@a.r.8987 it's oneof the RV campground chains with over 500 locations in USA, typically around 500$ a month with all utilities

[@jecceh]

She’s living in Austin, one of the most expensive cities in America now.

[@choonook9184]

@@jecceh Pflugerville is affordable. 5 min drive

[@nydrell1969]

Lol I live in an rv also in austin and I love it

[@gregoryhodge9452]

$58,000 is more than I make a year and I’m doing just fine.

[@DIVISIONINCISION]

I live near Austin, but would never live in Austin. It's a nightmare to get around in, no matter the time. For someone who only makes $58K/year, I'd imagine it's tight but many people live in Austin who can't afford a house. Differen't lifestyle for sure.

[@ReyMysterion7]

Dang she kinda chillin

[@KyleMc16]

I cannot help but think as I watch this that this is a classic "I came from money but dont want to admit that it helped me greatly" story. Comes out of college with only 35k in loans. Nobody does that unless they have huge grants or parental help. Also owns a Mercedes Benz at this time. No college student Ive ever heard of (who didnt come from wealth) owns anything even close to that. Starts a security systems business that would need some level of capital investment on the front end for equipment to install, where did that money come from? Parental loan? And then moves into the sterotypical "you can do this too with these easy steps" speaking engagements. Like the story is so stereotypical of an advantaged person wanting to downplay just how many resources they had access to to get them where they are that this just seems like propaganda to get people who actually grew up with nothing and are making "58k" to buy your course that is pushed fairly hard throughout the video.

[@MrTmenzo]

Phuck off dude my college loans were only 26k and used Mercedes are cheap. Victim mentality keeps you poor

[@domenik8339]

Yes, thst is exactly what this is. She casually said she was paid $20 in the 90's/2000s for reffing soccer games as a kid. Let's just take a moment to really take in how absurd of a statement that is. You couldn't make $20 an hour in most office jobs at the time. Also she thinks that dropping $2,700 on living a month is an extreme budget, lol. She has no idea what poor means. The news is trying to spin this as a possibility of success for young people, but really what it shows us is that even those who come from money have to live in an RV to get by.

[@faLLingFASterfeARing]

I had zero help from my parents and only came out of school with $25 k. I went to a community college and my junior/senior year worked job that helped pay for school. However, to your point, I was really handicapped in my twenties because i got stuck in a cycle of paying off an auto loan so having a car that was paid off would’ve helped.

[@dixenormous830]

🎯

[@ThomasSunBorn]

Lol you took the words right out of my mouth! I live in Austin and the cost of living has skyrocketed. My sister inlay graduated from UT and she owes $80k. What really got me is the $32 week for groceries. Life doesn't play out this way unless you got help. That may sound negative but its the hard truth. Life is unforgiving, to many things have to lineup for someone to payoff debt, save for emergency, put away for a 401k, only making $58k a year. All it takes is ONE event to knock someones plan completely off course. This reminds me of those weight loss gurus who say all they ate for 3 years was lettuce and 100pounds. this kind of stuff gives people false hope, that don't actually understand how finances work.

[@SandhyaTayshetye]

You are awesome

[@Youwish34]

I wish I could afford an RV

[@annomyous1]

I got 2 travel trailers in the Austin area if anyony is intrested. 2012 34ft bumper pull and 2008 28ft 5th wheel.

[@TheDenialTwisstt]

$174 a month for food? That seems impossible unless you're just eating rice and beans and eggs.

[@domenik8339]

She lying AF

[@ryanc5198]

I hope she doesn’t get sick and needs to be hospitalized. Her 100k saving will go very fast that way

[@LK_EBM]

She has insurance as well

[@bestmoneyclassever]

I'm not living off 100K! I continued to invest. It's growing and compounding. The idea behind Coast FIRE is if I want to stop investing, I can let the money grow and compound. Then in 30 plus years at the standard retirement age, I can withdrawal money. I'm living off the income from my day job now.

[@Youwish34]

Same with anyone living in a house. Same with anyone living in the US

[@rorybellamy2533]

Cool town.

[@Jarris2]

I'd love to see some with people that have children

[@krazieman69]

My first job after grad school was paying $115k a year but I lived in an apartment that was $400 a month.

[@saraibucciarelli1821]

Awesome.

[@ihaveadreamformykids4400]

Her monthly expenses are expensive for living in an RV but she’s doing great for prioritizing saving. We also have a goal of 1 million at 45.

[@DrLol07]

It does include 1k of investments, so 2k/month is pretty low for being Austin

[@bestmoneyclassever]

The month they picked was one of my most expensive months! I had two repairs and a flight to purchase!

[@MyAccount-f8u]

She must be making money that wasn't disclosed so she could appear to have less than she does. She works but has side gigs that must be bringing in a lot of money too. You can't make a million in 6 years on $58k...