The Baby Landlord Is Retiring Spoiler – FIRECracker is an early retiree who travels the world. He lived in one of Canada’s most expensive cities, but instead of going into debt, he turned down homeownership. The result was a 7-figure portfolio that allowed her and her husband to retire at age 31 and travel the world. His story has been featured on CBC, Huffington Post, CNBC, BNN, Business Insider and Yahoo Finance. To date, it is the most shared story in CBC history and her viral video on CBC’s On the Money has garnered 4.5 million views.
1) Get a job
The Baby Landlord Is Retiring Spoiler
And because they were older and wiser, when I was a stupid and naïve millennial woman, I thought it best to follow their advice.
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So I used his four-step plan and shared the results with you so you can see how it turned out.
Why Because while others were halfway through the textbook in two days, I struggled with “Hello World”.
While others were partying and drinking, I was sober, three nights in a row, for an exam. (Spoiler alert: They all got A’s. I didn’t pass.)
Seeds cost half a million dollars in my expensive metropolis. Houses, twice. Hell, even a crappy parking spot is $80,000.
Everett Daily Herald, November 09, 2014 By Sound Publishing
Banks tried to shove mortgages down my throat. Like my friends who brag about their houses going up and up and up and going insane, they tried to convince me to be in eye-watering debt.
“Rent is for losers,” they said. But something about the bags under his eyes and the streaks of gray in his hair told me otherwise.
I left my friends, my husband and my family. When I’m not working, I’m always thinking about work. throughout the day. daily
I took over every project, every task, every support ticket. I worked every minute, every hour, every day. I started writing and answering emails on the subway, in bed, in bed, and even in the bathtub. When my friends asked me out for dinner or drinks, I said no every time. I can not. I am working.
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Sleep for two hours a day. mental stress. Drink coffee. A little more stress. You can see large clumps of hair on the pillow.
A colleague of mine, Alex, also had a nervous breakdown that he didn’t tell anyone about, and he’s on anti-depressants like me.
My boss Scott was hospitalized with a blood clot in his leg. Doctors said it was due to stress.
A few months after my return, my mentor Andy collapses at his desk and almost dies (I’m not kidding, this really happened).
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His mother later died of a brain aneurysm. Then his uncle dies of pancreatic cancer. Then his grandmother dies of a heart attack.
Although he lost half of his family. Despite the fact that she still managed to achieve her plan. Despite the fact that the company earned $2 billion dollars that year. It didn’t matter. Get the hell out.
I have the right to secure employment. I have the right to secure employment. I am entitled to all the things the boomers promised me because I sold my dreams for this.
I’m back to chasing a dream I gave up on years ago. I am back to writing again.
Read The Villainess Is Retiring Chapter 4
My boomer parents are yelling at me to buy a house. I ignore them. Instead, I built an investment portfolio with that paycheck, built with properties that would pay me, instead of an insatiable housing monster that would eat up all my paychecks.
Portfolio income is starting to replace my salary more and more. On top of that, my laser-like focus on achieving my dream cut my expenses in half. Because with every expense that comes up, you ask, “Will this help me achieve my dream?” I asked the question.
This, of course, freed up more of my pay to put into my investments. That, of course, made passive income climb even faster.
One day I woke up and realized I hadn’t had a panic attack in six months. My Xanax prescription ran out and I forgot to refill it. I don’t need it anymore. My stress is gone.
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It was then that my writing was good enough to land me a literary agent, who then sold the book to Scholastic, the world’s largest children’s publisher.
When that day came, I logged into my investment account and realized that the passive income from my investments was in line with my living expenses.
I tried to stay loyal to a company that wanted to fire me while making $2 billion a year. It didn’t work.
Because in the end, the size of your paycheck, the value of your home, the size of your pension, none of it matters.
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Well, that’s the real reason I’m writing this article. Once I found that life
I wanted to bring as many people with me as possible. I wanted people to know that what I did could be recreated by anyone.
I’m not a genius. I didn’t inherit money or win the lottery. I stopped doing what the Boomers told us to do and did the opposite.
Let’s show Boomers that we’re not lazy, we’re not narcissists, and we’re not entitled.
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In fact, we are the most educated, most technological, socially conscious generation in history.
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