in today's story. Millennial on emission and goes from unemployed today. Job then from sight. Or to millionaire and just five years putting eighty percent of his in into investments for an early retirement made total since working inside US gold, mining. Critical about so glad you're here, I've been on the road going to be in my hometown of Portland Oregon tomorrow. Night live at pals after those listing in real time. Realistic later, I am still probably on the road. We have a lot of cities ago to listen. If you want to achieve financial in that's? No amount of cutting back on lattes is gonna help you do that rather than penny pinching autumn.

You need to make more money, you need a significant increase in your income. That's why, in the world, the personal finance blogging and other online commentary, I didnt pay attention to the voices that promote that approach, as opposed to people who are into extreme budgeting were cutting combines two hours a day or whatever it is being able to make more money to resource. Apart from your paycheck is very much about. You have satisfied school, that's what we're all about! That's! Why? Like the story, I also like this guy full disclosure he's. Also a friend of mine. I enjoyed the book. He wrote that just came out tat play a few months ago. So anyway, stated in this story is called millennial, invest side, income for passive profits, support for this podcast comes from octet. What's your mother's maiden name? What's the name of your first pet? We Another question wire security solution, still asking the same verification questions its twenty twenty. It's time you this, which is to a security solution that not only is bill for this decade. Bucking guide you into the next one, with an identity centric up

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in two thousand ten grants a body. I was in his early twenties and unemployed with a network of two dollars and twenty six cents you had a college degree was going too fast and the fact that he couldn't even afford a burrito left in feeling helpless control. He knew something had to change sooner rather than later, disheartened by his miniscule bank balance he set himself and audacious school tat goal was to saving up money so that he can retire when he wanted to and not have to worry about money again. But the first thing to do is find a job. He had to start earning money. At least some he took a role in a digital marketing agency on a modest salary. At the same time, we started reading books about investing in personal violence over the coming months. He devoured so many books, but he became somewhat have an armchair expert on all things: money that knowledge was the catching he needed to set him on. The right path grant realise that if he invested every spare dollar, he could then overtime his nesting

start producing profit on its own from the interest. He ran the numbers and calculated if he could save one million dollars, still no small feet and invested it. He'd earn enough every year to cover all his expenses. It was ambitious, but at least now he had a target financial balls. I to aim for Soon after the same math made him realise there is no way we can achieve this goal just by working a data, even if he got a raise, it would take decades to save a million dollars and unacceptable timeframe. So grand began looking for ways to make money outside that job. He was about to become a serial side. Hustler, you started coming through a craigslist for opportunities, one stood out more than any other, and that was a law firm, willing,

hey five hundred dollars for a new website. It seemed like a good bit of money. Grant was interested in learning, word press. He picked for the job over delivered on the project and then deposited the money and savings. Since the law firm was happy, Grant asked for reforms and was rewarded with an offer to present to a roomful of lawyers from other firms. In no time at all, he picked up more business. It was able to transition to charging tens of thousands of dollars with pockets blush with cash, most millennials, probably people from other generations as well would splurge by a fancy car. It would take an Instagram worthy trip, but not grant. He stuck to his plan of saving and investing report is excess funds into different investments. One of its main choices wasn't index bond with Vanguard when you buy an index fund, Yonah small piece of hundreds of different companies on the: U S, stock market that creates instant diversification and the fund has very low fees to maximize returns. It's one of the best and easier ways to make compounding work where the end

sure investments make gets reinvested into buying more the fund and eventually, instead of just reinvesting the interest, you can withdraw the money to live off. If you think about it, it makes total sense since grant was still working day. Job almost all of his side. Also, income went into this investment plan that he was so dedicated that eighty percent everything he earned went straight into the millionaire grand plan. A year into the journey he didn't stop at websites. Thrill of making income on the site was addictive, so he looked for more ways to do it. We tried dozens of ideas, including sign concert, tickets, flipping domain names and brilliance. Writing those were a few of the more lucrative sinuses grant tried, but there is also a dog walking flipping vintage mopeds, doing focus groups, cleaning, boats, moving furniture and even watching his neighbors cat. But so it became increasingly clear that building websites was the most lucrative even more than watching the cat, the main

and grant liked about it was, and it wasn't a direct trade of money for time. You know that a lot of people he knew we do things like walk dogs for a few hours a week or dry for operant Saturday night. Those aren't terrible for making some spare money. The prophet ceiling is limited granted, unlike that, that's where he went back to the web design focus eventually adding marketing services. Social media management into the mix over the next few years, Grant made close to two hundred thousand dollars a year selling those services to businesses and the Chicago area over the course of five years he saved over a million dollars when combined with the salary, and now it was twenty fifteen he'd achieve its goal of saving a million dollars and was earning enough after investing that money to cover all of us living expenses. So now what well. Now it was time to teach what he knew grant started the millennium money block, which wasn't

to be a money maker, the beginning. He was just interested in chairing what I ve learned about financial independence and invest in he wrote in wrote and wrote some more over time. The blog began to reach a critical mass grant was being featured in media outlets everywhere he signed a book deal. Profits rolled him almost by themselves. Currently, his blog is earning around ten thousand dollars a month from advertising Anatolia commissions. For now that millennium money, blog is grants, main focus seem sort of thing is so much in his nature. He'll keep doing it even when these were type All right notice that nowhere in the story do we focus on grants, money, saving strategy

He was all about making money clearly had some saving strategies, because it's pretty hard to save eighty percent of your income at for most of us, but just consider this point when you think about the fact that most of that income over time came from his side, hustling earnings not from his paycheck- maybe it's not so hard, because if he wasn't doing all those projects, he would have been like most people Since his salary was his total income, so he went outside the traditional income source to eventually earn monthly and annual income that exceeded his salary, and that's where the savings on came from so one way or another. If you want to achieve financial independence, you need to make more money. I may Your goal is to make a million dollars in five years. Maybe it's not too. You know already going age. Whatever is but one of the reasons I think our community is so strong, whether so much interest

These topics is, doesn't really matter. What your goal is your objective in terms of creating an additional source of income. That's the same. We're all trying to do the same thing, perhaps for different reasons, so I will leave you without today, also you and give a shudder to grant, because it's got a great story. They also got a book called financial Freedom, a proven past, all the money you ever need. I will link up in the shuts page, but of course you can ask court at any bookstore inspiration is going, but inspiration with action is so much better. Today's show notes are etc so school dot com, slash. Eight nine three coming check out. I mention in the story and of course we back again tomorrow with with another one. Thank you so much was critical about this. This is out of school. From the onward projects.