Sunny Burns chooses to live a different lifestyle that is allowing him to build wealth and create freedom at a very young age. He shares some amazing stories of how he has made and saved money.
Take away: Life can be a lot less expensive that you imagined.
Action step: Measure your finances.
Money Learnings: Sunny group up poor as his parents where Church missionaries. He felt blessed because his parents loved each other. His school didn't teach him about money.
Bio:Sunny Burns is 28 and works Full-Time as a Project Engineer for the Department of Defense. He is happily married with two amazing little boys. Sunny is founder of
Famvestor.com where he writes about financial independence and creating strong families. Together with his wife, they own a rental property business with one million dollars in assets and over $100,000 annual gross rent. He enjoys the simpler things in life; like listening to books, running, biking, playing ultimate frisbee, and going on hikes with his family.
Highlights from this episode:
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Sunny made the choice not to pursue status symbols.
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The stress of living paycheck to paycheck
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Getting through Stevens Institute of Technology without debt.
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Flipping cars to make money.
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How Sunny has the motivation to keep going.
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Sunny and his wife start out living in his parents home even though they were making $100,000 a year.
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How he purchased his first multifamily rental and lives in it for free.
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His wife is now a stay at home mom and retired from her teaching job.
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The 3 week backpacking trip with the baby.
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The next rental property and what's next.
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Knowing when to stop and say enough.
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How Sunny is teaching his kids about money.
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The micro-adventure.
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Sunny never paid for a hair cut.
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Link to money videos of mine
Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom! Thanks for listening!
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Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.