Living On $58K A Year In An RV In Austin, Texas | Millennial Money

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  • Опубліковано 20 лис 2023
  • Carly DeFelice, 38, lives in Austin, TX in her stationary RV. She earns $58,000 a year running her financial education business and working as a community manager at a co-working space. At 26, Carly achieved "Coast FI". Here's how she spends her money today.
    Check out Carly's Best Money Class Ever program here: bestmoneyclassever.com/
    This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
    Produced by: Lauren Shamo
    Senior Managing Producer: Eric M. Clark
    Camera: Corentin Soibinet
    Editor: Dennis Donovan
    Animator: Elham Ataeiazar
    Reporter: Ryan Ermey
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    Living On $58K A Year In An RV In Austin, Texas | Millennial Money

КОМЕНТАРІ • 540

  • @CNBCMakeIt
    @CNBCMakeIt  7 місяців тому +23

    What's your budget breakdown? We're looking for stories from all ages, not just millennials! Share your story with us for a chance to be featured in a future installment of Millennial Money: ​cnb.cx/32TYZ2K​

    • @eddieabbott370
      @eddieabbott370 7 місяців тому

      ❤❤❤❤

    • @relaxationsoundsambience2724
      @relaxationsoundsambience2724 6 місяців тому

      Way to go Carly! I Earn 150K per year, own 2 homes in NC and HI with about 10 years left to pay off one, student loan debt is 180K, no other debt. I have both 401K and Roth which my employer matches 6% for each. 3 adult kids (one is married with kids, one is in medical school, and one lives with us). My husband is a retired veteran. The monthly budget is around 13K coz we live in one of the homes. Just want to get rid of that debt if anyone has ideas. My financial knowledge is below average. Thanks in advance.

  • @bbierman7
    @bbierman7 6 місяців тому +124

    I took Carly’s class several years ago and paid off $8k in debt in just 4 months. (She even wrote an article on her blog about me!). I highly encourage everyone to take her class.

    • @patience2005
      @patience2005 6 місяців тому +36

      I understand wanting to get out of debt, but I can't wrap my head around people who are in debt paying $399 to learn how to get out of debt.

    • @bestmoneyclassever
      @bestmoneyclassever 6 місяців тому

      Thanks Brendan!!

    • @reprovedcandy
      @reprovedcandy 6 місяців тому

      Wow! I too got out of debt, and am now rich. My investment advisor, Patelco Johnson, is a truly incredible human being who knows the markets very well. Perhaps you should consider reaching out.

    • @BB-rs4sb
      @BB-rs4sb 6 місяців тому +3

      ​@patience2005 me either, but some or alot need guidance & maybe the best $399 they ever spent for knowledge & the right path

    • @woodside4life
      @woodside4life 4 місяці тому

      @@patience2005That’s the hustle.

  • @djpuplex
    @djpuplex 7 місяців тому +60

    I make $60k/yr in Tampa FL and live full time in my van. Rents are just too crazy now.

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +4

      Awesome!! You should click the link above and apply to share your story!!

    • @gregorypeterson9
      @gregorypeterson9 6 місяців тому +1

      That's awesome thanks to places like planet fitness you can pull that off alot easier especially in a warmer climates.

    • @djpuplex
      @djpuplex 6 місяців тому +3

      @@gregorypeterson9 Planet fitness, public library or work. Florida gets too hot 8 months out often year after 10am it's off the beach and indoors.

    • @flanagamer
      @flanagamer 6 місяців тому

      Doesn’t that get kinda hot in the summer? Where do you shower? Park? Go to the bathroom? 🤔

    • @bestmoneyclassever
      @bestmoneyclassever 6 місяців тому

      @@flanagamer My RV is located in a RV/Tiny Home Community in Austin, Tx. I have AC, Water, Heat, etc. There's a bathroom with a toilet and shower! CNBC posted a tour of my RV on their Instagram:)

  • @NHJDT
    @NHJDT 7 місяців тому +240

    My husband and I have a little less than $2M and we have lived in an RV since 2021. Traveled all over the US with our 3 kids who are enrolled in online home school. Now we are traveling through Asia. They are studying world history so it's awesome for us to visit places and museums that really bring each country's history to life. There is no shame in living tiny no matter what your net worth is. I miss my Rv, it's in storage in Texas at the moment.

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +3

      Wow this is amazing!

    • @nvasudeva
      @nvasudeva 6 місяців тому +2

      Could you please share some resource or link to online home school ? My kiddo goes to one of the school district and i would like to learn more about this online home school.

    • @lidyasworld3130
      @lidyasworld3130 6 місяців тому +1

      Wow! I’m about to buy an RV fr tbh.

    • @PhysiqueFuel
      @PhysiqueFuel 6 місяців тому +2

      What do you guys do for a living? If you don’t mind me asking.

    • @bryanalvarez4389
      @bryanalvarez4389 6 місяців тому +1

      What online home school and do you recommend it?

  • @AngelicaDFranklin
    @AngelicaDFranklin 6 місяців тому +87

    These videos are so relatable, clear, real life examples and I love it, it gives people hope to saving and making wealth

    • @umrashrf
      @umrashrf 4 місяці тому

      Financed by Wall Street to make you believe saving and stock market is real

  • @USARMYMEDIC21
    @USARMYMEDIC21 7 місяців тому +103

    There is nothing wrong with living in a RV…. I know plenty of Travel Nurses who live in a RV and make between $100,000.00 and $200,000.00 a year…. Doing a lot better than people living to pay their mortgage!

    • @blackamericanlesbianprofes4357
      @blackamericanlesbianprofes4357 7 місяців тому +4

      Agreed, USARMYMEDIC21! A mortgage is renting is how I see it, you don't own the home until you completely pay all of it including interest.
      And great to see, I am a USAF Veteran as I read your profile name.

    • @caravanlifenz
      @caravanlifenz 7 місяців тому +6

      @@blackamericanlesbianprofes4357 Same - if you have a mortgage for 50% of the value of the house, then the bank owns half your house and could lose it. To me, "owning your home" means to have paid off your home.

    • @NatorDM
      @NatorDM 7 місяців тому +1

      Yeah but the quality of these RVs is literally horrible. It’s a depreciating asset the moment you buy it from an investment standpoint which is something most people need to jump classes from low to middle to rich real estate is the only substantial cause of jumping classes or rather returning in your investment.

    • @blackamericanlesbianprofes4357
      @blackamericanlesbianprofes4357 7 місяців тому

      @@NatorDM You obviously have not viewed any RVs, especially from some years ago to present!? The variety of sizes, and from simple to luxury that they have become.
      And you, musicmills6, are forgetting that you have to maintain the stationary house by paying for many costs/fees from maintenance, insurance, etc. If you want to have your stationary house as an investment then sell it, expect to pay many costs for its upkeep to be able to sell it.

    • @piknick111
      @piknick111 6 місяців тому +3

      Travel nursing is far different than 58k a year.

  • @jasminecontreras7341
    @jasminecontreras7341 6 місяців тому +94

    She’s so inspiring! What a disciplined person!

  • @donnyramay2635
    @donnyramay2635 6 місяців тому +18

    I currently live in an RV park with my travel trailer I bought for $5000. Trying to pay off student loan debt and maybe the housing market will be reasonable in 3 years.

  • @ZackHughes
    @ZackHughes 6 місяців тому +5

    Carly this is so awesome. Very proud of you! You killed this 💯💯

  • @staywinningpod
    @staywinningpod 6 місяців тому +10

    Met Carly at FinCon in Orlando. Glad to see her doing well.

  • @Wildcat221
    @Wildcat221 6 місяців тому +8

    She’s a smart cookie! Great work ethic! Good for her! 😊

  • @christianmolina8372
    @christianmolina8372 6 місяців тому +8

    She seems so geninue and down to earth. I would prefer living in a tiny van like that than pay the rent prices out here in SF.

  • @patriciacullenbach8472
    @patriciacullenbach8472 7 місяців тому +18

    This is so inspirational, having a goal and meeting those goals...

  • @kioflife
    @kioflife 7 місяців тому +36

    Why are people upset about RV/Mobile Home living being normalized? Yall do know everyone doesnt want to be in debt with a mortgage. Almost 95% percent of America regretted buying homes (2023). Now I get living in a tight car is not ideal but RV/Van/Bus/Mobile Homes are also really comfortable for many people. The American Dream was just that...A Dream. Create the life you want that brings you fulfillment without the pressure to be in debt for so called happiness or make an investment back.

    • @williamlewis3582
      @williamlewis3582 7 місяців тому +3

      So true I live in my van as we speak by choice I work full-time and love the lifestyle. I'm just enjoying life with no pressure.

    • @blackamericanlesbianprofes4357
      @blackamericanlesbianprofes4357 7 місяців тому +1

      kioflife, there are various sizes AND luxury home-on-wheels. Several inside literally look like a fancy home and quite spacious! Can cost a similar price as a stationary home. But home-on-wheels also have to be maintained/taken care of so there are continuous maintenance costs.
      So, plan and prepare for either a home-on-wheels or a stationary home.

    • @kioflife
      @kioflife 7 місяців тому +1

      @blackamericanlesbianprofes4357 it truly depends on the type of mobile/tiny home you're getting. If you are getting one with an engine the cost of maintenance will be a given but any home no matter on wheels or stationary requirements maintenance. I lived in a house for 20 years, gutters, toilet issues, roofing, drainage, lawn, etc... were needed annually or 5 years. It truly depends on the type of personal living standards you have.

    • @MattSezer
      @MattSezer 6 місяців тому +5

      Because jobs should pay enough that you shouldn't have to live in an RV?

    • @kioflife
      @kioflife 6 місяців тому +7

      @@MattSezer So is your whole life's goal to work a job? A house is a place of shelter just like an RV. RV, Mobile Home, Tiny House, etc... They have bathrooms, kitchen, heat/air, and bed. That is literally what a home has just smaller scale. Apartments are small units inside of a shared building, are those not homes?

  • @moff_gideon
    @moff_gideon 7 місяців тому +30

    Why are they not showing how much she makes from her business?

    • @TheBrianCloud
      @TheBrianCloud 6 місяців тому +11

      Because that would ruin the illusion

    • @domenik8339
      @domenik8339 6 місяців тому +8

      The $1,000 towards investments a month should have tipped you off that this is a rich person pretending to be poor. Most Americans have less than $400 in their bank account at the end of the month.

    • @NoctisStrife88
      @NoctisStrife88 4 місяці тому

      ​@@domenik8339facts

    • @anonuser12345
      @anonuser12345 4 місяці тому +1

      @@domenik8339 How is she pretending to be poor? She is obviously successful financially and plans to become a millionaire in her 40s

  • @chrisroz5833
    @chrisroz5833 6 місяців тому +2

    So Much Inspiring 💜👌

  • @Lord_Cardboard
    @Lord_Cardboard 6 місяців тому +1

    Kudos to her from a fellow Austinite for doing it right and starting it early!

  • @MountainofInspiration
    @MountainofInspiration 7 місяців тому +4

    Thank you so much for sharing your journey with us

  • @siyethembafaithdlamuka4512
    @siyethembafaithdlamuka4512 7 місяців тому +26

    I admire how she's so organized

  • @nerdbeast04
    @nerdbeast04 6 місяців тому +1

    She’s awesome I hope she succeeds in everything she pursue strong resilience.

  • @josealfredoamartinez6349
    @josealfredoamartinez6349 4 місяці тому

    Wow her story is very inspiring 👏 loved it. Wish her more success 🙌

  • @PizzaFriend
    @PizzaFriend 7 місяців тому +7

    Great interview. Well made video and good advice.

  • @JBoy340a
    @JBoy340a 4 місяці тому

    Great to see the way she budgets. Everything is planned and if something negatively impacts her goals, she can decide whether it makes sense to do it. Also, having a separate business account is great. You don't want to take away from the thing that makes you money due to lifestyle issues.

  • @BudgetGirl
    @BudgetGirl 6 місяців тому +1

    This is awesome! Carly is amazing!

  • @TeenRoomDecor
    @TeenRoomDecor 6 місяців тому +13

    I'm so happy for her!! She's refreshing and her best money class sounds so helpful! I wish her all the best!

  • @mmeb7250
    @mmeb7250 7 місяців тому +23

    I really enjoyed Carly's story. She makes starting a business (or two or three) look so natural. Impressive.

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +3

      Thank you! It wasn't nearly as easy as it looks though🤪🤪

  • @brandtc.7991
    @brandtc.7991 4 місяці тому

    FINALLY!! Someone I can fully relate with and seems real!! This is someone that actually budgets finally! and does it right! Still leaves room for fun spending, but is still ready for anything else. Also wanting to buy their freedom back too! Love it!
    Holy crap! she literally started a business that I would love to do! I always tell people I dont want to be a financial advisor, its a scam, but being a financial coach that shows how to budget and invest right, that would help so many!!

  • @theplacesigo4169
    @theplacesigo4169 7 місяців тому +28

    Wow. She is awesome and very driven. Good luck to her on her other goals

  • @tomaxxamot2016
    @tomaxxamot2016 6 місяців тому +8

    Moral of the story don’t spend more than you make, because any little difficulty healthwise or a new freeloading or bad spending significant other or Child can throw this lifestyle right out the window

  • @ErickaWilliamsCC
    @ErickaWilliamsCC 7 місяців тому +2

    yooo met her at fincon in austin texas.. cool.

  • @carmellabrown3335
    @carmellabrown3335 7 місяців тому +9

    I really enjoyed this video. Good luck to her!

  • @khill704
    @khill704 7 місяців тому +2

    Great story!

  • @anonuser12345
    @anonuser12345 4 місяці тому

    You are awesome! Keep it up!

  • @Blackjack09721
    @Blackjack09721 6 місяців тому +7

    This lifestyle is cool and all, but I feel like there is no in-between ever shown. You are either living so frugally you are basically working just to save. Or you are spending so much that you are working to pay off debt (but depicted in a way that you are living a successful lifestyle).
    I am not sure why only those extremes are always shown in a positive light?

    • @upsidedownjesus
      @upsidedownjesus 6 місяців тому +1

      You won’t get a lot of clicks from someone who can afford a decent apartment and drives a car that is paid off but life will literally never get better then that and I slowly become older and older until I die and no one cares and they rent out my apartment two weeks later and replace me at work inside a month. My life is a meaningless cycle of waking up early to go to work and coming home too tired to enjoy my free few hours before going to bed so I can wake up early tomorrow to go to work.

  • @ericaford1454
    @ericaford1454 7 місяців тому +1

    😫😫😫 uggghhh if I could turn back the hands of time!!! Cheers to you Carly 🥂

  • @djwashx
    @djwashx 5 місяців тому +1

    Great job!!!!!!!!!!

  • @joefw2446
    @joefw2446 6 місяців тому

    Fantastic!

  • @walkinggirl8601
    @walkinggirl8601 6 місяців тому +3

    How does it work ? If you live in RV and rrent the spot at a camp . Can you stay there "forever" ? Does rv hoocked up to sewage and water ? If there are repairs that need to be done, do you have to bring RV to a shop or they come to your location. Im curious about the details of living in RV . What about winter time , is it cold inside ?

    • @BroiledSourGrapes
      @BroiledSourGrapes 6 місяців тому

      RV parks are usually setup to where you can pay monthly for the spot. No long term lease. Renews every 28-30 days.
      Most parks have full hook ups. Electric/water/sewer/cable.

    • @walkinggirl8601
      @walkinggirl8601 6 місяців тому

      @jpsyt2709 is there a limit on how many months you can stay in a row ? I see that her location looks really nice , next to the river. Here in California, many RV parks are touristy . You have to reserve a spot in advance, and space and times are limited.

  • @marik1104
    @marik1104 6 місяців тому

    Awesome!! 😊👏

  • @OHANA-Beach-Suites-CDO
    @OHANA-Beach-Suites-CDO 7 місяців тому +3

    Job well done🎉🎉🎉

  • @nvasudeva
    @nvasudeva 6 місяців тому +4

    Nice video !
    All the best for becoming a millionaire by 45.
    Having said that it would have been nice, if CNBC would have showcased how she plans to become millionaire in next 6 years considering the fact that she is 39 and that means she is expected to save 160k every year for the next 6 years.

    • @holdencawffle626
      @holdencawffle626 6 місяців тому +1

      Agreed.

    • @lanafontaine936
      @lanafontaine936 6 місяців тому +1

      Medicaid!
      Free rider/active "social"life
      indeed she can!
      And aslo so,she is An Expert now 😂so she probably is getting paid
      Whats admiring though Girl can dream! And Discipline!

  • @gr8bkset-524
    @gr8bkset-524 6 місяців тому +2

    Certainly living in a paid-off RV keeps her expenses down, and I applaud Carly's FIRE achievements. I wonder how this would compare to if instead, she were to put that money on a down payment on a home years ago and rent out the extra rooms. Her mortgage would have been fixed (vs the RV space rental which rises over time) and she would have gotten home appreciation and rent increase over time ... and one day may decide to move into that home. Years ago, I saw a statistic somewhere that says something like +80% of millionaires achieve so through home purchase. Another stats was "homeowners have an average wealth of $250K vs 25K for renters".

    • @Erin-rg3dw
      @Erin-rg3dw 6 місяців тому +4

      The mortgage may be fixed, but the housing costs definitely are not. Property taxes, maintenance, HOA fees (if applicable) - all of those can change year to year. The RV also gives her the option to relocate or travel without worrying about what to do with the house or trying to manage tenants, while keeping overhead costs down. Home ownership is definitely not for everyone and doesn't make the best sense for every financial situation.

    • @BroiledSourGrapes
      @BroiledSourGrapes 6 місяців тому +4

      Property tax and HOA in Austin TX would cost more per year than her RV lot rent. And per your "renting other rooms out", my home is a sanctuary to get away from the world. I wouldn't want strangers living in it. Might work for some folks, but not for myself.
      As long as she is building equity in other areas(which she is, they referenced her investment assets) she's doing just fine. Most folks are either terrible savers because they can't afford to save, or just don't want to save, so a home is a locked in savings account in a way which attributes to their net worth. As long as you have the discipline to save in other areas a home isn't the only means to an end.

    • @ashlynsolis
      @ashlynsolis 6 місяців тому +3

      Not everyone wants a Mortgage, roommates, yard maintenance, property taxes, or to be in one place. Some people LOVE travel, no roommates, no yard maintenance, no property taxes, small, cozy, manageable living spaces and the freedom it brings.

    • @langhamp8912
      @langhamp8912 6 місяців тому +1

      One is an appreciating asset while the other is a depreciating asset. However, the barrier to entry (to both) has been steadily rising, and for most whites in the US a fixed home is not possible in the neighborhoods they want. On the other hand, towing a depreciating asset behind another depreciating asset is essentially lighting your money on fire.
      There ARE a surprisingly large number of vacant homes in the US available for purchase in the 60 to 120K range; the problem most people see is that they are in predominately minority neighborhoods with very high tax rates (sales and property) and very little public infrastructure support outside of water/sewage/electric/roads. Thus, people like Carly in stuck in this middle ground of not wanting to be in an undesirable neighborhood while also being unable to afford a desirable neighborhood. Result: an RV whereby she manages to save money despite owning a depreciating asset being towed by another depreciating asset.

    • @gr8bkset-524
      @gr8bkset-524 6 місяців тому

      @@langhamp8912 Many of the "kids" in my neighborhood in southern California are reaching 40 years old and can't afford to buy houses which now average $1M. They had a five years window 20 years ago when they graduated to live at home with their parents and save up for a down payment 15 years ago when average homes were $350k - $400k range, but that was not their priority. Instead, career, new cars or renting their own place was more important. Those that bought homes 15 years ago saw appreciation of $600k, plus $100k principal paid off, plus had lower monthly mortgage payments than rent, plus lower property tax than those buying now. I bought my home 30 years ago at 26, paid it off by 38 and retired by 45. I had a few roommates to help along the way, but the biggest thing I did right was to buy early in a rising market.

  • @user-hh6ex9md4w
    @user-hh6ex9md4w 6 місяців тому

    Reply: "Great video on RV life! As a fellow outdoor enthusiast, I highly recommend the Segway Portable PowerStation Cube Series for reliable power backup during your adventures. With its massive capacity, fast recharging, and versatile sockets, it's perfect for powering your devices and appliances. Plus, its waterproof technology ensures it's ready for any adventure, rain or shine. Happy camping!"

  • @francisebbecke2727
    @francisebbecke2727 6 місяців тому +2

    She is a smart lady who plans ahead!

    • @capitalgains2216
      @capitalgains2216 6 місяців тому

      She plays safe financially. But scared money makes no money.
      Also she lost in game of life. No man no children, will be lonely and depressed kicks in.
      Invest in family and have a partner would get her first million way sooner

    • @robertjamesonmusic
      @robertjamesonmusic 6 місяців тому

      @@capitalgains2216 I know plenty of people who are married and have kids and are depressed.

  • @Janaya88
    @Janaya88 7 місяців тому +8

    Quick question: In this breakdown was the Lot rental apart of your housing expenses? @ minute 2.10

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +6

      Yes, I paid $792 for the lot and utilities (electricity, gas, water, trash, and internet). I paid for my RV with cash. Some ppl who do RV life have payments on the RV itself. For me, the $792 is everything I pay for housing! Does that make sense? Are you thinking of doing RV life?

    • @Janaya88
      @Janaya88 7 місяців тому +2

      @@bestmoneyclasseverThank you for responding. Yes I have been thinking about RV living very seriously. After careful consideration, I've realized that this lifestyle would allow me to save substantially, creating an opportunity to build real wealth and obtaining my life goals. I am a bit reluctant because I am a single mother of 1. He's 13 and is open to the idea. I've explained to him that this life would allow me to purchase a home in a couple of years. Being a mother has been my only hesitation, nevertheless I feel owning an RV whether fulltime living or recreational is a benefit. I like the idea that no matter what I would have somewhere to live if life takes a turn I don't expect. As a single mother this issue is very serious for me to have the stability of somewhere to live in an uncertain economy.

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +3

      @@Janaya88 I recommend starting to save and invest NOW with your standard housing now too! Most of my savings started when I was living in an apartment! RV life isn't the key to saving, it's automatically investing a percentage of your pay consistently over time! That's what does it!

    • @Janaya88
      @Janaya88 7 місяців тому +3

      @@bestmoneyclassever I agree, I have investing knowledge, however cost of living is so high it's eating away at any opportunities to save. After assessing my finances this is the only area where I can cut cost. I literally have no other wiggle room. I'm working 2 different jobs just to make ends meet and it's still not enough to save. As a solo income household and single parent, there aren't many other options. My back is up against the wall, and I feel it might be time to take some drastic measures to secure my future.

    • @TheRealEdStoner
      @TheRealEdStoner 7 місяців тому +1

      ⁠@@bestmoneyclasseverI live in a 36 foot RV with my daughter and her boyfriend. Was in Austin about a month ago. The scariest thing since we started has been driving in the mountains towing a Jeep. We change locations about every 5 day.

  • @trave7644
    @trave7644 7 місяців тому +7

    As one said one million would not be enough. She needs at least 2 if she wants to retire that early.

  • @lonniedavila55
    @lonniedavila55 6 місяців тому

    Talk about being financially stable respect!

  • @user-mr5kp4no2o
    @user-mr5kp4no2o 7 місяців тому +2

    Way to go girl!

  • @mmmd3429
    @mmmd3429 7 місяців тому +14

    RV living is legit and a fast path to FIRE.

    • @capitalgains2216
      @capitalgains2216 6 місяців тому +2

      Buy a rental property with separate suite . Put in 20% down , keep payment low . Basement suite should pay 100% if her mortgage . Built equity and save her income to invest in other stuff. Would be much better…. Advice from 9th grade drop out here

  • @Happysoul_3
    @Happysoul_3 2 місяці тому

    Wow.. his professor is realy a great individual, he adivised her to do business..

  • @joseromero9933
    @joseromero9933 5 місяців тому

    Awesome video young lady

  • @jecceh
    @jecceh 7 місяців тому +17

    This is a smart person. She makes 58K per year. So putting her in a 22% tax bracket. Net income = 45.2K. She’s investing 12K a year (I assume in growth stocks) thus she’s investing almost 27% of her net income. She is living frugally, but happily. To me it’s an huge accomplishment. Good for her. #smart

    • @domenik8339
      @domenik8339 6 місяців тому

      Is there a reason you don't do the same?

    • @ThomasSunBorn
      @ThomasSunBorn 6 місяців тому

      Those numbers don't add up. Somethings missing.

  • @christopherbasham1551
    @christopherbasham1551 4 місяці тому

    Great job young lady.

  • @stevenj764
    @stevenj764 6 місяців тому +1

    4% rule assumed you live 30 years after retirement without other source of income. IF you retire early, you will live more than 30 years and need more than the amount calculated using the 4% rule under the regular retirement age of 65 (or 67).

  • @eliflynn7282
    @eliflynn7282 6 місяців тому +4

    I make around 50k a year. I get to keep about 34. How great life would be if I could actually keep what I work for.

    • @joesanchez2368
      @joesanchez2368 4 місяці тому

      Taxes are necessary, how great would it be if you made more than $34k a year? It's not taxes, it's your wages and everyone charging you so much for so little

  • @saraibucciarelli1821
    @saraibucciarelli1821 6 місяців тому

    Awesome.

  • @ngansstudio8674
    @ngansstudio8674 7 місяців тому +4

    Omg her story is amazing

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +1

      Thank you!! Glad you like it:)

    • @tomaxxamot2016
      @tomaxxamot2016 6 місяців тому

      Really where is the significant other or kids

    • @bestmoneyclassever
      @bestmoneyclassever 6 місяців тому +1

      @@tomaxxamot2016 I'm asking myself the same question🤣🤣. Haven't found my match yet!

    • @ngansstudio8674
      @ngansstudio8674 6 місяців тому

      Some people have kids in RV, probably a mobile home / tiny home would be fine if you ever need to !

    • @ethannaka1822
      @ethannaka1822 6 місяців тому +1

      @@bestmoneyclassever Your mindest around money is so attractive. It's so rare to find that. If you ever plan on moving to Seattle.. haha

  • @flanagamer
    @flanagamer 6 місяців тому +8

    $174/month for food?! In Austin?! Ain’t no way! Unless she’s surviving on bread and water, I don’t see how that’s possible. Food is easily $130/week minimum, and that’s getting the absolute basics

    • @ashlynsolis
      @ashlynsolis 6 місяців тому +4

      I practice intermittent fasting and eat one meal a day. $175 is COMPLETELY doable. People don't seem to understand that there are lifestyles different than their own.

  • @user-yg1zp8uk4d
    @user-yg1zp8uk4d 7 місяців тому

    You are awesome

  • @alipainting
    @alipainting 4 місяці тому

    I realized I need a social life more than a couple of months in Costa Rica. I made many friends traveling, but they were fleeting friendships, and now I only see them on Facebook 😢

  • @red8bird652
    @red8bird652 4 місяці тому +1

    Excellent ASSets

  • @thepricklyonesbyyanawhelan
    @thepricklyonesbyyanawhelan 7 місяців тому +1

    Good to be here. Nice story.

  • @nydrell1969
    @nydrell1969 6 місяців тому +1

    Lol I live in an rv also in austin and I love it

  • @saul1629
    @saul1629 6 місяців тому +4

    Girl got that cake

  • @infini.tesimo
    @infini.tesimo 7 місяців тому +20

    While the FIRE savings method and overall viewpoint on money is not my style, it is admirable for the organization, and the due diligence of her lifestyle that is noteworthy. Definitely explains why she got her management job. What I would say to her is that to not play that scared in life and look into acquiring cash-flowing businesses and be around people who actually spend 100x more than what she has planned through FIRE as they are out there, this is quite normal, and they achieve this without batting an eye lash because they invest into being around others who do the exact same thing. When you play it small, you make small moves and it shows through the mindset. 😉

    • @capitalgains2216
      @capitalgains2216 6 місяців тому +1

      Espeacialy women don’t have that much time during their most fertile years. The price of financial freedom too being alone forever and dying alone isn’t fun.
      Guys we could have financial freedom and start family later in life. Women eggs expired

    • @9395gb
      @9395gb 6 місяців тому +4

      Absolutely not true. Most men aren't starting families past the age of 50 years old as they don't want to raise children in their retirement age or spend their retirement funds on children. Both men and women are on the same fertility clock.
      The very few men who are having children later in life tend to be part of the 10 to 1% of upper class wealth who can afford money from their retirement funds to have children after 50 years old.

    • @BrokeMillionaire1
      @BrokeMillionaire1 6 місяців тому +4

      @@9395gbI agree. My wife and I have 3 kids. When our youngest one graduates, I’ll be 51 and my wife will be 49. Then we both get to retire the next year. I can’t imagine having little kids now.

  • @user-nk5bw8ml4z
    @user-nk5bw8ml4z 6 місяців тому +4

    How does she spend $100 on food in the month?

  • @astronomicatx
    @astronomicatx 3 місяці тому

    Carly's story is fascinating! Heads up - we host founders/investors events in Austin! Here's to fostering a supportive and healthy entrepreneurial community!🚀

  • @DIVISIONINCISION
    @DIVISIONINCISION 6 місяців тому

    I live near Austin, but would never live in Austin. It's a nightmare to get around in, no matter the time. For someone who only makes $58K/year, I'd imagine it's tight but many people live in Austin who can't afford a house. Differen't lifestyle for sure.

  • @patriciaetienne5070
    @patriciaetienne5070 7 місяців тому +22

    Her choices and lifestyle is her own. Her story is shared because maybe there’s people out there that share the same goals as hers and/or live the same life as her. And that’s okay. Great job Carly!

  • @barrbarr31u
    @barrbarr31u 4 місяці тому

    Dave Ramsey approved! YOU GO, GIRL!

  • @prancer4743
    @prancer4743 4 місяці тому

    You have been listening to to the Ramsey show good for you 😉😉😉

  • @blackamericanlesbianprofes4357
    @blackamericanlesbianprofes4357 7 місяців тому +3

    This is what I am preparing to do, thank you for sharing this interview! 21nov23

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому +1

      Oh fun!! Do it! It's an amazing adventure

    • @blackamericanlesbianprofes4357
      @blackamericanlesbianprofes4357 7 місяців тому +1

      @@bestmoneyclassever Thank you for sharing your experience, and replying with encouragement! I love to travel and drive, and I'm committed to building my next career right now. So, hopefully next year I plan to get a Class B or small to medium Class C. 21nov23

    • @bestmoneyclassever
      @bestmoneyclassever 7 місяців тому

      @@blackamericanlesbianprofes4357 cool!

  • @michaelsmallarz7183
    @michaelsmallarz7183 4 місяці тому

    What a wonderful life

  • @SandieCastaneda
    @SandieCastaneda 6 місяців тому

    Fun!

  • @chaselesser3191
    @chaselesser3191 6 місяців тому +1

    She is a gorgeous and enchanting woman. I like her.

    • @NoctisStrife88
      @NoctisStrife88 4 місяці тому

      😂yea right

    • @chaselesser3191
      @chaselesser3191 4 місяці тому

      @@NoctisStrife88 I mean, we all can’t just like the woman with a 14 yr old boy physique. 😅. Those people can keep their twigs.

  • @TD-iq1gk
    @TD-iq1gk 6 місяців тому +1

    Her story is inspirational!

  • @richlikeg3722
    @richlikeg3722 6 місяців тому +4

    Hard work pays off. Not many people can have that type of discipline

  • @rorybellamy2533
    @rorybellamy2533 5 місяців тому

    Cool town.

  • @annomyous1
    @annomyous1 6 місяців тому

    I got 2 travel trailers in the Austin area if anyony is intrested. 2012 34ft bumper pull and 2008 28ft 5th wheel.

  • @DrWashingtonMA
    @DrWashingtonMA 7 місяців тому +21

    Millennial for sure because having $1M is not enough to stop working 😂

    • @SugaDontPlay
      @SugaDontPlay 4 місяці тому +1

      Is your hearing bad or do you just lack comprehension abilities???
      She LITERALLY said at 8:56 "I don't necessarily want to retire, I want to spend my time reaching people and helping people turn things around with money". And, right before that statement she said that if she reaches her goal she would feel confident that she wouldn't have to work a standard job aka signifying that she would pursue her business that she mentioned in the words I quoted.
      Really, I think your jealousy (or contrarian mindset) has degenerated your ability to understand and process basic information.

    • @seeia1673
      @seeia1673 3 місяці тому

      @@SugaDontPlayLmfaoo calm down this comment wasn’t even malicious sounds like you’re the one with comprehension abilities

  • @Youareheretoo
    @Youareheretoo 6 місяців тому +2

    I wish I could afford an RV

  • @satoshi_yukamoto841
    @satoshi_yukamoto841 7 місяців тому +4

    she's awesome!

  • @nsanenthembrane
    @nsanenthembrane 5 місяців тому

    This is honestly a good idea. I have two cats though

  • @georgemblack
    @georgemblack 7 місяців тому +3

    Carly is an inspiration! I wish I had the same self control over my finances.

    • @capitalgains2216
      @capitalgains2216 6 місяців тому +2

      But no man no kids. Loneliness and depression will eventually kicks in and die alone at age 90.
      Invest in a family in her youth and fertile years. With a partner with a home would achieve her millionaire status way sooner than 45 lol

  • @MissAdventures
    @MissAdventures 6 місяців тому +3

    RV living allows you to take risks and save in a debt free lifestyle to later pay cash for investment property.
    If you fail... you can move and start over.

    • @capitalgains2216
      @capitalgains2216 6 місяців тому

      Except she wasted all her youth and fertility years on chasing money . Now no man no kids. And will die alone at age 90.
      Loneliness and depression eventually kicks in

    • @TheMiccoliGroup
      @TheMiccoliGroup 6 місяців тому +2

      @@capitalgains2216 Awww bless your heart! You assume wrongly that every woman wants to be burdened by a spoiled man who cheats and she still ends up alone when she is 90. She does the work she loves, pays her bills, saves her money and doesn't wait for a man...if he comes along great...if he leaves ....great... she chooses to be happy.

    • @q_rockz
      @q_rockz 5 місяців тому

      @@capitalgains2216your loneliness isn’t her loneliness.

  • @user-fl1kj8yy1l
    @user-fl1kj8yy1l 4 місяці тому

    How do you find campsites for 700$ a month. I’ve looked and the cheapest i can find is $1900.

  • @user-bx3pj9jo4h
    @user-bx3pj9jo4h 7 місяців тому

    Nice

  • @singlemotherRespector
    @singlemotherRespector 4 місяці тому

    Honestly being debt free alone puts her ahead of many people

  • @peetgikeri5245
    @peetgikeri5245 6 місяців тому +5

    Men of culture.. We meet again

  • @krazieman69
    @krazieman69 4 місяці тому

    My first job after grad school was paying $115k a year but I lived in an apartment that was $400 a month.

  • @donsterr
    @donsterr 7 місяців тому +2

    GYAT!

  • @Effervescent_Smegma
    @Effervescent_Smegma 6 місяців тому +1

    The bad thing about living like a hermit and squirelling away ur money like she does...
    Life happens. Good or Bad. You ain't gonna save ur way to prosperity when you only make ~$58k/yr in Austin.

  • @somethinelse0930
    @somethinelse0930 6 місяців тому

    Living in an rv would be more expensive than my current mortgage but I wanna try it badly

  • @gregoryhodge9452
    @gregoryhodge9452 6 місяців тому +1

    $58,000 is more than I make a year and I’m doing just fine.

  • @NicksDynasty
    @NicksDynasty 6 місяців тому +2

    Looks liken i'm Coast FIRE too at 29

  • @TheDenialTwisstt
    @TheDenialTwisstt 6 місяців тому +2

    $174 a month for food? That seems impossible unless you're just eating rice and beans and eggs.

  • @RealThatDesignerGuy
    @RealThatDesignerGuy 7 місяців тому +10

    She doesn’t fall for the marketing hype, Texas is a cheaper area for living and she went after deals. Good for her. Hopefully she’s actually happy. I don’t think this would work for other areas like NY or CA.

    • @choonook9184
      @choonook9184 7 місяців тому +2

      We travel a lot with our RVs and people do this in every state. Nearly every city in the USA has KOAs packed with full timers, so it caaaaan work, but it's definitely a lifestyle shift

    • @a.r.8987
      @a.r.8987 7 місяців тому

      ​@@choonook9184what's KOA's?

    • @choonook9184
      @choonook9184 7 місяців тому +1

      @@a.r.8987 it's oneof the RV campground chains with over 500 locations in USA, typically around 500$ a month with all utilities

    • @jecceh
      @jecceh 7 місяців тому +2

      She’s living in Austin, one of the most expensive cities in America now.

    • @choonook9184
      @choonook9184 7 місяців тому

      @@jecceh Pflugerville is affordable. 5 min drive

  • @User-54631
    @User-54631 6 місяців тому

    I bought my first home in Ca making 12/hr in 2011. Still have no household debt minus 1 car loan and mortgage. It’s not rocket science.

  • @ezequielmartinez3582
    @ezequielmartinez3582 6 місяців тому +2

    Nice BBL

  • @greghack3134
    @greghack3134 4 місяці тому

    The outdoor living living in an RV is great it’s freedom. The only mistake you’re making is leaving your money in the bank. You’re losing money take that money and put it towards an investment in a business not in the bank because the bank will take your money and make money off of it by loaning your money to other people.