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236: Latrese Bookhard, So Money Millennial

236: Latrese Bookhard, So Money Millennial

We are rounding out So Money "Millennial" week!A “So Money” Millennial is someone who has proven to have accomplished a great deal in the their financial life in their 20s or early 30s. So often we hear about the struggles which are very...

So Money with Farnoosh Torabi · Farnoosh Torabi

September 4, 201527m 13s

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Show Notes

We are rounding out So Money "Millennial" week!A “So Money” Millennial is someone who has proven to have accomplished a great deal in the their financial life in their 20s or early 30s. So often we hear about the struggles which are very real and sobering: the average college student graduates with around $35,000 in student loans, often lots more. It’s tough to find a job, save and sometimes you have to live with your parents. But today’s guest wrote in to me to say that she believes she is ahead of the curve. And I have to agree.We’re going to be speaking with Latrese Bookhard.  She is twenty-six and currently serves in the military.She says, Farnoosh, "I’m debt free, have a net worth approaching $100,000 and I paid off $53,000 in student loan debt. I max my annual Thrift Savings Plan and Roth IRA contributions. I save well over 50% of my take home pay and consider myself an aspiring “Millionaire Next Door” and early retiree. I’ve always been frugal but I kicked everything into high gear when I found a Yahoo Finance article profiling Mr. Money Mustache two years ago. His blog has led me to many other blogs, books and podcasts and has helped me really change how I think about money."So let’s learn more about Latrese. How does she think about money and what lessons does she have to teach us all? <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>