This 24-year-old is earning $230,000 a year—here are the 3 steps he's taking to become a millionaire by 30

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This 24-year-old is earning $230,000 a year—here are the 3 steps he's taking to become a millionaire by 30. (via CNBCMakeIt)

The 24-year-old is an overhead lineman in the Chicago area, works two side hustles and saves around $7,000 per month, not to mention the thousands more he invests into his 401 and brokerage account.

"I have to give back to my parents, because they came here as immigrants to give us, their kids, a better life," Sanchez, a first generation American, tells "I never thought I would be doing this, but I fell in love with it," he says. This six-figure-salary was a big part of the appeal, but he also enjoys the physicality of the job. "I enjoy working outdoors, and there's no better feeling than turning the lights on when everyone's relying on you."One of the main components of Sanchez's FIRE plan is building up his real estate side hustle.

 

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MakeIt SAVE! $200000 PER YEAR

MakeIt Easy. Save and invest half of it in SPY. If you get 401k match then take full advantage and put that in SPY also.

MakeIt A nice union job in Chicago

MakeIt He also looks 34 not 24

MakeIt This will run for 230,000 tweets.

MakeIt TLDR: he has a job paying over $120k

MakeIt

MakeIt Cocaina

MakeIt Dumbfucks

MakeIt Smart man

MakeIt Cnbc with total shit lately. Not reality.

MakeIt Sounds like a simple task with those earnings

MakeIt He has privileges I don't have.

MakeIt This sounds like one of your friends that is late to the game about pyramid schemes. I'm not interested lol.

MakeIt Fiat makes people play part-time investor.

MakeIt These stories are irrelevant to 95% of your audience

MakeIt Step 1: Make $230,000 a year. Step 2: live with your parents for 6 years. You’re welcome.

MakeIt These stories are so useless, to be blunt. 230,000x6=1.38 million when he is 30. Even without interest on the rest he just has to figure out how to live on 63,000 a year. So much to learn.

MakeIt Hunter Biden earned it quicker. You just need a little help from daddy.

MakeIt Step 1, make $230,000 a year

MakeIt Are they 'put money in your bank and wait 6 years' three times?

MakeIt $120,000 job with no degree, damn wasted my college years trying to get a better job.

MakeIt saving?

MakeIt Step 1: earn $230,000 a year Step 2: wait

MakeIt Guy looks like a huge tool. I’ll pass on doing what he does.

MakeIt Is $230,000 a year a lot? What benefits and pension does he also have?

MakeIt Good for him. I wished I started this early.

MakeIt Didn’t the author of “Rich Dad Poor Dad” file Chapter 7 Bankruptcy?

MakeIt Note to self: I picked the wrong career. This dude is a worker for the electric company with a really insane salary.

MakeIt Thats the American Dream at work!

MakeIt 6 years till he is 30. So 6x$230,000=$1,380,000 - 30% tax = $966,000 .... so if he doesn’t spend $1 of his earnings he is still short. Now let’s say he invests and generates 10% a year so he would have $1,500,000. But is it realistic not to spend any of his money during 6 year?

MakeIt Yes, it’s another episode of Superpeople Vs. The Schlubs

MakeIt breakingnews Here are the 3 steps he's taking to become a.... take/took/taken become/became/become Simple in form but rich in content❤️📚❤️ KindleUnlimited kindle BlackFriday

MakeIt

MakeIt Based on the facial hair I’d say taking loads to the dome

MakeIt Making 230k at 24. That’s how

MakeIt Working 5 years?

MakeIt He works 60 hours and has side business. I guess the economy isn’t rigged for him. Why other people think 40 hour work weeks are too much.

MakeIt

MakeIt Step 1: Grow a cool beard.

MakeIt Not afraid to work = a sure sign of success! Congrats and make that money work for you!

MakeIt The math doesn't check out on this.

MakeIt So who paid for his schooling?

MakeIt Why do you need to go college and ladened yourself with a ton of study loans while you could make $240k without a college degree?

MakeIt Free Advice-Dont have kids mr millionaire

MakeIt

MakeIt CNBC from the clouds with another SUPER relatable story about personal wealth

MakeIt You too can make money selling real estate story....

MakeIt Here is the link to the similar article by the same author posted in September.

MakeIt Step one: make $230,000 a year

MakeIt Good for him hard work & sacrifice is what it takes

MakeIt The numbers ($) and time (hrs) do not add up! Show us the numbers ($) + (hrs) for OT, Bonus, Two side hustles (I only see one side hustle in article), All. How were homes acquired? Loans, Cash? How is maintenance on homes managed when working 60 hours per week? Friends/Family?

MakeIt But does he own Bitcoin -

MakeIt An overhead lineman who earns $120,600 base salary when I have friends in IB who don’t make that much. I don’t know Rick...

MakeIt 1) don’t get fired 2) don’t get fired 3) don’t get fired?

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