If a $80,000 college degree allows someone to take home $77,000/yr in their early 20’s?

That is absolutely worth the investment.

Do you agree?

In the short term, loan forgiveness may help some borrowers- but it is a bandaid to a larger issue.

If the only conversation is around loan forgiveness?

Then what do we do in 10 years when another $1.6 trillion of debt has been accrued…

Average salary by job:

Lawyer: $163,770
Registered Nurse: $89,010
Accountant: $86,740
Farmer: $83,790
Police Officer: $71,380
Electrician: $65,280

What surprises you here?

It's like getting an MBA without spending the $150,000.

At 27 & 28 we began buying real estate while having $100k of student loans.

At 33 & 34 we have $0 student loans, left 9-5 jobs & can travel the world with our daughter.

Instead of taking 30+ years, we worked hard, made sacrifices & focused for 5 years to have our dream life🙋🏻‍♀️🙋🏼‍♂️

We own this building & our job is to provide great customer service.

This building rents for $2,400/mo and we will soon own 10 similar properties.

“Boring” real estate can change your life forever.

Where are taxes the highest:
1. California: 13.3%
2. Hawaii: 11%
3. New jersey: 10.75%
4. Oregon: 9.9%
5. Minnesota: 9.85%
6. New York: 8.8%

What do you notice?

Something I am not sure people really understand:

Less than 9% of the adults in the US are millionaires.

$1 million does not go as far as it once did.

But its still staggeringly rare.

This guy asks 5 millionaires:

“How can somebody become a millionaire in 2024?”

All of them agree on 1 thing...

Check this out:

How much home can you 'afford'?

Income of $5,000/mo = $180,000
Income of $8,000/mo = $288,000
Income of $10,000/mo = $360,000
Income of $12,000/mo = $432,000
Income of $15,000/mo = $540,000

Do these numbers surprise you?

If you loved $SBUX at $100 per share?

You’re going to really love it at $74 per share.

This is why we just buy & hold $VTI☕️

Unpopular opinion:

Index funds are not the best option for those who want early financial freedom.

To have $48,000 per year you would need to have $1.2 million in the stock market.

A part time lifestyle business + small rental portfolio is likely better for most people.

We own 11 rentals and all of them are within 10 miles of this grocery store.

There is also a Starbucks across the street from this grocery store.

If we received $300,000 today we’d put it into a high yield savings account.

We’d collect $15,750/yr of interest as we wait to find ways to turn $300,000 into $600,000 or even $900,000.

What would you do?

Where have home prices increased the most:
1. Anaheim, CA: 25%
2. New Brunswick, NJ: 15%
3. Detroit, MI: 14%
4. West Palm Beach, FL: 13%
5. San Jose, CA: 13%

What do you notice?

The real estate market is on fire right now.

We see multiple offers, people paying above asking & not caring at all about 7.5% interest rates.

Not sure when prices will come down again.

We could make $875/mo and have it be 100% passive by putting $200,000 in a high yield savings account.

This is how millions of people are thinking about & managing their money right now.

Hot take: Don't buy a single family home as your first house.

Buy a 2-4 unit home, use 3.5% down & a 30 year loan. Live for cheap or FREE. Pay off any consumer debt & stack cash.

Then when you want to buy your dream home? You now have cash flow to help pay for it👌🏻