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A 30 year old with a $1 million net worth explains the 4 steps that got her there
She kept her expenses minimal, re-invested her income, taught herself new skills, and traveled the world for two years working remotely.
By Laila Maidan
Sharon Tseung graduated from the University of California, Berkeley with a bachelor’s degree in 2012. Her first experience working a 9-to-5 job was right out of college at age 21, as a marketing coordinator making $30,000 a year.
“When I first started working upon graduation, I was shocked that adults just do this every day until they are 60,” Tseung said.
A couple of years later, she was able to take a month-long vacation to Europe. During that trip, Tseung decided to figure out how to achieve a level of financial freedom that would give her the flexibility to choose how to spend her time. The thought of driving to the same place every day, looking at the same four walls, and doing a job she wasn’t super passionate about was a situation she didn’t want to be stuck in for the rest of her life. She began thinking of alternate ways to make more money outside of her day job.
Shortly after returning from Europe, Tseung began investing and using her skills to build multiple sources of passive income. This year, at age 30, she reached a million-dollar net worth…