How We Built a $1M Net Worth by 32 (Step-by-Step Breakdown)
BiggerPockets Money Podcast
BiggerPockets
4.5 • 3K Ratings
🗓️ 3 February 2026
⏱️ 59 minutes
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| 0:00.0 | Trevor and his wife crossed the $1 million net worth mark by age 32, and they're on track to hit |
| 0:06.1 | financial independence well before 40. Their journey wasn't traditional. It involves strategic |
| 0:11.8 | career moves, real estate investments, and leveraging corporate benefits that most people overlook. |
| 0:17.4 | Today, we'll be breaking down their entire story. |
| 0:29.5 | Hello, hello, hello, and welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen, |
| 0:34.4 | and with me as always is my staying in one place co-host, Scott Trench. Thanks, Mindy. |
| 0:58.9 | Excited to be here and get to the root of Trevor's journey to financial independence. We are so excited to be joined by Trevor today. He's a few years away from reaching financial independence well before he turns 40. And we are very excited to hear about that journey. Trevor, welcome to the Bigger Pockets Money podcast. Thanks, Scott and Mindy. Pleasure to be here. Excited to chat today. All right. Well, could you tell us a little bit about your journey? Where does your journey to financial independence start? I guess it really started in college. I was in a finance class and I picked up the millionaire next door. And that really opened my eyes to just like, you know, |
| 1:04.3 | the possibilities, like you didn't have to have a million dollar a year job or something like that |
| 1:08.7 | to grow your wealth and become wealthy. |
| 1:12.0 | You could do it as a normal person. |
| 1:13.8 | So I would say that's probably the first major step in my journey was reading The Millionaire |
| 1:19.1 | Next Door. |
| 1:19.9 | And what was your financial position when you first discovered this concept? |
| 1:24.8 | I made it through college and I think I graduated with a net worth of |
| 1:29.9 | right around $1,000. I was grateful that I didn't have any debt when I graduated, but my net worth |
| 1:36.3 | was, yeah, about $1,000. I remember starting my job and just hoping that I could, you know, |
| 1:42.3 | had enough money to make it for my first paycheck. I think I had a $5,000 signing bonus coming my way. But yeah, that's kind of where I started. Positive is better than negative when you're getting out of college. So $1,000, woohoo, you won. Your career started off with a bang, though. What happened next? So that first year, my wife was doing a master's program. And I think that first |
| 2:03.6 | year, I didn't really save hardly anything. I think I maxed out my 401k contribution. And I think I maxed out |
| 2:11.6 | my Roth IRA as well. But everything else I was going into paying off my wife's schooling. that way we didn't take on any debt to get her graduated. |
| 2:21.0 | After she graduated, she had a period where she had to work for free in internships. |
| 2:25.6 | Once she graduated, I mean, we really focused on keeping our living expenses low. |
| 2:29.6 | We drove old cars. |
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