Justin has a net worth of 500K and is on his way to becoming a millionaire. Of the 500K, about 28% is in home equity. He is 32 years old and works in real estate. Justin share insight into his market investments, how much cash to hold and why (he prefers six months of living expenses). He also discusses what’s worth spending more money on, his most expensive car purchase, who influenced him most in his life, and how his financial journey got started.
Gender Male
Age 32
Profession Retail Store Manager-Walmart
Net Worth 500k
Allocation
Retirement Accounts 100k
Non Retirement Accounts 190k
Home Equity 150k
Cash 60k
Investment Philosophy Dividend Stocks, Index Funds
Household Annual Spending 30K
Range of Annual Income $10/hour – 150k
Financial Goal Passive income to 40k
Book / Product Recommendations The compound effect by Daniel Hardy
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