“Then our reason for living, then if we can now pay the car off, that zero a week, we go back to this cash flow, there's an extra $269, and then we just do the $850 a week that we were paying on the car that goes direct into savings, and then within two years, we have effectively, so $850...”
Glen James · WWGD with Glen James · young, living remote and on $240k, is this the life?
Play from 1:12:15
1:12:15
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What was described
After the car loan is paid off, redirect the $850 weekly to savings to accumulate ~ $100k for land purchase
$850 weekly; $88,000 in about two years; target $100,000
Said nearby on the same subject
“If they're doing $250 a week, that's $250 plus the $600, that's $850, right? That's effectively could be allocated to the car. $850 times $52, yeah, that's $44,000 a year. I can within the next 12 months, they could probably wrap up that car loan and be done with it.”
GJ
Glen James
WWGD with Glen James ·
How they work$850 weekly; $44,000 per year; payoff in 12 monthsShare this moment
“I took it full-time after saving $100,000 at age 25, which was the origin story of her first 100K. I was on Good Morning America, quit my job three weeks later”
TD
Tori Dunlap
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast ·
How they work$100,000 saved, quit 3 weeks after GMA appearanceShare this moment
“The debt stays the same. The loan has never been paid off. There are ways out there that people are doing this.”
RS
Ravi Sharma
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“Over 70% of the loans that we will originate this year will be loans that we characterize as off-market or preferentially sourced loans with those borrowers.”
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