53 min listen
337: College is NOT for EVERYONE: Joining the Military & Become Financially Free
337: College is NOT for EVERYONE: Joining the Military & Become Financially Free
ratings:
Length:
60 minutes
Released:
Sep 19, 2022
Format:
Podcast episode
Description
College isn’t the only option after high school. In fact, it’s not even the best option. Typically, twenty-two-year-olds fresh out of college are launched into the workforce with a lot of debt and little life experience. So how do you enter the workforce debt-free with life experience? Join the military.Today’s guest, David Pere, is a financially free veteran with 100 rental units, all thanks to his time in the military. He enlisted fresh out of high school in 2008. While he did the usual “stupid young guy stuff” for a few years, once he read Rich Dad Poor Dad in 2015, he decided to get serious about financial freedom. After thirteen years of active duty, in 2021 he was honorably discharged with a net worth of a million dollars.The military offers various benefits, from the ability to learn trades to getting life experience to its financial advantages. As a service member, you are in an ideal position to become financially free. Your housing and food get paid for, and you have access to government-backed savings plans and loans. You also get tuition assistance for yourself and your family. With all the support and benefits the military provides, you can start building the life you always dreamed of straight out of high school. In This Episode We CoverWhy the military may be the best option straight out of high schoolThe various opportunities to start a career through the militaryThe GI Bill vs. tuition assistance and how to make sure you qualifyThe tangible and intangible skills you learn in the military and how they translate into the workforceThe VA Loan, qualifications, and how to get rich with it via house hacksThe TSP and the SDP and how to use them to grow your wealth fasterAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterDavid on BiggerPocketsDavid’s Site From Military to MillionaireListen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsCheck Out Mindy’s 2022 Live Spending Tracker and BudgetThe (Almost) Guaranteed Way to 31x Your InvestmentsDIY Your Way to FI with Tinian CrawfordClick here to check the full show notes: https://www.biggerpockets.com/blog/money-337Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 19, 2022
Format:
Podcast episode
Titles in the series (100)
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