Summary
In this episode, Corey shares his journey from Texas to California, discussing his financial strategies, real estate investments, and the lessons learned along the way. He has a net worth of $1.1 million mostly in real estate. Corey is in his early 30's. He emphasizes the importance of patience and long-term thinking in achieving financial independence, while also navigating the challenges of living in a high-cost area. Corey reflects on his career progression, the trade-offs of living beneath his means, and his aspirations for the future, including his consulting work and the pursuit of financial flexibility through real estate.
Takeaways
*Corey moved from Texas to California, emphasizing the value of flexibility.
*His net worth is approximately $1.1 million, diversified across cash, real estate, and investments.
*Corey invests primarily in ETFs, avoiding high-risk assets like Bitcoin.
*He started investing right out of college and has shifted his focus to real estate.
*His first real estate investment was a rental property in Arkansas in 2021.
*Corey values living beneath his means to sustain his lifestyle in California.
*He believes in the importance of patience and long-term planning in finance.
*Corey runs a consulting business focused on personal finance education.
*He aims for $80,000 a year in passive income for financial freedom.
*Corey stresses that financial success is achievable through strategic decisions and hard work.
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