Could Coast FI be your BEST path to financial independence? Maybe you don’t want to retire early—not yet, at least. Hustle for a few years, invest your money, and watch it snowball instead! This twenty-four-year-old saved nearly $100,000 with this strategy, and in today’s episode, she’ll show you how to do the same!Emma von Weise was determined to take control of her finances at a very early age, getting her first job at just fourteen years old and saving money at every opportunity. This allowed her to not only escape college debt-free but also build a $99,000 net worth, a figure that will make her Coast FI until retirement—which isn’t on the radar anytime soon! Using her newfound financial freedom, Emma has built her “dream” life by working in a field she loves and taking plenty of time off to travel.In this episode, Emma shares about all of the different jobs and side hustles she took up to supercharge her savings, as well as several creative “hacks” she used to help fund her college tuition. She also talks about some of the pivotal moments that shaped her views on personal finance, such as discovering the power of compound interest and finding an entire support system through the FI community!In This Episode We CoverHow Emma became Coast FI by twenty-four and built a $99,000 net worthCreative ways to fund your college education and escape debt-freeThe real value of buying used cars from private owners (and where to find deals!)How to create a fun and fulfilling life you don’t want to retire fromHow to fast-track your fortune using the power of compound interestMaking your money work harder for you after stockpiling cashAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupNetwork with Other Investors on The Path to FIRE Through the BiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEMindy on BiggerPocketsScott on BiggePocketsListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Find an Investor-Friendly Agent in Your AreaFind Investor-Friendly LendersProperty Manager FinderBiggerPockets Money Episode 474 - Mindy and Scott’s Favorite Sleepaway Camp for FIRE ChasersBiggerPockets Money Episode 449 - Coast FI in 4 Years: Cutting Expenses, Doubling Your Income, & HUGE SavingsBiggerPockets Money Episode 323 – Coast FI: The Calculated Way to Retire Early WITHOUT Giving Up What You Love w/Jessica from The FioneersLearn More About EconoMe Conference00:00 Intro01:18 Working & Saving at 14!07:32 Taking Control of Her Finances10:52 Buying Used Cars15:32 Creative Ways to Fund College23:28 Learning to Invest30:12 Joining the FI Community37:48 $99K Net Worth at 24!45:07 The Power of Coast FICheck out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-534Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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