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Pain, Grief, and the Pursuit of Financial Independence, with Jillian Johnsrud

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Sinopsis

#246: At 19 years old, after completing her first year of college, Jillian married her husband.  During their first year of marriage, they lived in a camper and earned a combined salary of $12,000. One year later, Jillian's husband graduated college and joined the military. They relocated to Washington D.C., where they earned a combined $60,000 per year. They saved half of their income and used that savings to chip away at $55,000 of debt. At 22 years old, Jillian and her husband adopted a son. Not long after that, they had a biological newborn. At 24 years old, they accumulated their first $100,000. Jillian and her husband remained committed to saving half of their income. This allowed them to buy a house in cash, invest in two rental properties, and invest in index funds. At 32 years old, Jillian and her husband achieved financial independence. All on a modest five-figure income.  How did Jillian and her husband live on $12,000 per year? How did they save $100,000 after three years on a $60,000 per year sal