36: From Childhood Poverty to Financial Freedom by Age 32 with Jillian Johnsrud

BiggerPockets Money Podcast

BiggerPockets

Education, Investing, Business

4.5 • 3K Ratings

🗓️ 3 September 2018

⏱️ 88 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jillian Johnsrud grew up lacking the privileges that many of us take for granted. Jillian Johnsrud grew up poor, with an abusive step father and a mother unable to leave due to lack of funds. She emancipated herself during her junior year of high school, living in a camper in high school, waiting tables after class. Still, she managed to save $8,000 by the time she graduated. She married young, and medical debt and student loan debt put her family in a tough starting position. From there, however, Jillian began building wealth. In adventures that span tons of different states and even a stint in Europe, Jillian was able to eliminate her debt and achieve financial freedom—all while never earning more than a median income. Hear Jillian’s story of investing when everyone thinks you’re crazy, adopting a group of siblings, and “creating a life that is such a perfect fit she never wants to retire from it.” Links from the Show BiggerPockets Forums Simplify Your Budget with Fun Money Accounts (Blog) Museum Pass Ultimate National Park Road Trip (Blog) Camp FI Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Bigger Pockets Money Podcast show, Number 36, where we interview Jillian
0:04.8	Johnsrude from Montana Money Adventures.
0:07.5	For the most part, we just lived on one salary, and then eventually as he started making a little bit more money and I started
0:14.0	making a little bit more money we tried to look at about 80% of his salary and I
0:19.1	always say that the happiness is in the margins of our budget there's so much joy in the money that we don't spend.
0:25.0	It's time for a new American dream, one that doesn't involve working in a cubicle for 40 years,
0:31.0	barely scraping by. Whether you're looking to get your financial house in order,
0:34.4	invest the money you already have, or discover new paths for wealth creation, you're in the right place.
0:40.3	This show is for anyone who has money or wants more.
0:43.0	This is the Bigger Pocket Money Podcast.
0:46.0	How's it going everybody? I'm Scott Trench and I'm here with my co-host Miss Mindy Jensen.
0:49.0	How you doing today, Mindy?
0:50.0	Scott, I'm having a fantastic day.
0:52.0	How are you today? I'm doing great. I'm looking forward to our interview with Jillian.
0:55.0	Yes, I love talking to Jillian. She's so smart and she has such a great story.
1:02.0	Yeah, she's very charismatic about how she presents that story too.
1:05.0	It's just really kind of, she's just a really good way with words.
1:09.0	I love her story because she doesn't start off from a place of extreme wealth or even
1:16.5	comfort. She started off, she emancipated herself from her parents at age 18.
1:24.0	She got married at 19.
1:26.1	She had a fair amount of debt for a 19 year old,
1:30.2	but figured out a way to pay it off
	...

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