Ultimate magazine theme for WordPress.

A 36-year-old retiree with 3 million in the bank after paying off all debts

0

Just 20 years ago, Americans Jeremy Schneider He was graduating from university. Today it has been two decades since he completed his education Retired for seven years. Schneider fulfilled the dream of any worker seeking early retirement – what is known in the United States as financial independence, early retirement; FIRE, his English acronym—when he was just 36 years old.

In 2004, then fresh graduate computer engineer, J Rejected job offer from Windows, With an annual salary of more than 70 thousand euros, he decided to found his own company to try to emulate the financial success after the dotcom boom. In that year 2004 he established RentLinx, an advertising network for rental properties on the Internet. Thanks to a college athletic scholarship and early financial support from his parents, Schneider was able to Start your career as a technological freelancer Without the burden of university debt, typical of the American system.

Internet Entrepreneurship

In his first years at the helm of RentLinks, Schneider lived off credit cards, which he says helped him cover business and personal loans, while the recently founded technology company took off. Although the company was already generating significant revenue in 2007, Schneider Maintained a frugal lifestyle, prioritizing a tight monthly budget and savings. In the next eight years, the computer engineer will maintain a moderate economy, without unnecessary expenses, and vice versa, Investing the first profit RentLinx left him.

In 2015, Schneider He succeeded in selling his company After receiving a purchase offer of more than four and a half million euros. Younger Scheneider owns 70% of RentLinx A total of about two million euros was receivedwhich served as a basis for continuing to invest in his stock portfolio.

Today, even though he acknowledges that, in financial terms, he doesn’t need to work another day, Schneider is dedicated Share financial advice from an Instagram account which opened in 2019 and where he already has half a million followers.

Source: lainformacion.com

*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

For all the latest news click here

Denial of responsibility! WHICHLEDLIGHT.COM is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at amritpaljha@gmail.com The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.