1402: 31-Year-Old Millionaire Shares Secrets to Side Hustles, Passive Income and Real Estate Investing

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 29 August 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

We're exploring some of the top=searched personal finance terms today, including passive income, real estate investing and how to become a millionaire by age 30. Guest Sharon Tseung, founder of DigitalNomadQuest.com, joins to provide her behind-the-scenes climb to millionaire status after quitting her job in 2016. More about Sharon: She is an investor and creator who teaches people how to build passive income, become financially free, and design their best lives through her Instagram, YouTube, TikTok and blog. She graduated from UC Berkeley and worked in Marketing for 10 years at Google and other companies. She quit her job and traveled the world as a digital nomad for 2 years, all while growing multiple income streams online and through real estate. Sharon currently owns 33 units with her husband. Want more articles and videos by Farnoosh? Check out www.cnet.com/somoney. Subscribe to her weekly So Money newsletter for the latest updates and a free gift! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So money is brought to you by CNAT, the site that shows how to navigate change all around us.
0:06.4	So money episode 1402, Sharon Song, founder of Digital Nomad Quest.
0:13.3	You're listening to So Money, with award-winning money guru Farneesh Karabi.
0:17.9	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:23.1	authors, influencers, and from Farneesh herself.
0:26.0	Looking for ways to save on gas or double your double coupons? Sorry, you're in the wrong place.
0:33.1	Seeking profound ways to live a richer, happier life. Welcome to So Money.
0:39.7	I was a marketing manager, and my parents actually cried when I told them that I was going to do
0:45.8	this whole thing. Initially, they didn't even believe me, but then when I started asking about
0:50.9	insurance, how it works abroad. My mom started crying. She thought, I didn't think you were serious.
0:58.8	Welcome to So Money, everybody. I'm Farneesh Karabi. We are talking passive income today,
1:03.1	and how to go from quitting your job to becoming a millionaire by age 30. Our guest, Sharon Song,
1:09.6	is here, and she speaks from experience. Sharon is the founder of Digital NomadQuest.com.
1:15.9	She's a serial real estate investor. She quit her job in 2016, traveled the world for two years,
1:21.6	building passive income streams, went from earning $30,000 a year in marketing to becoming a
1:26.7	millionaire by age 30. She owns 32 rental units. And so we talk about how she did it, and what her
1:35.4	advice is for anyone else who's interested in quitting the nine to five and building multiple
1:40.5	income streams, side hustles, and investing in real estate. What gave her the confidence,
1:46.8	financial, and emotional to leave her job? What are all of her revenue streams? What does she think
1:52.8	of the fire movement? And investing in real estate right now? Really? Here's Sharon Song.
2:02.6	Sharon Song, welcome to So Money. Yeah, thanks for having me. I've been following your work.
2:07.6	Everybody's been following your work. You're a superstar in the personal finance space. It's
	...

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