A MAN has told how he became a millionaire by the age of 30 while staying at home with his parents.
Bryan Kuderna now boasts an enviable bank balance that he built by himself after opting not to fly the family nest.
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He worked on his get-rich scheme from his childhood bedroom in Shrewsbury, New Jersey, after realising his talent for financial advice.
At the tender age of 21, Bryan began guiding his pal’s parents through their fiscal issues at their kitchen tables after starting his first advisement job.
Despite the lack of glamour, the amateur financial planner credits this phase of his career as the start of his path to success.
He continued to network and circulate his services among his peers, putting his degree from The College of New Jersey to good use.
Bryan explained: “Walking into a career in insurance and investment advising three days after graduation gave me a huge head start on my peers and, of course, it eliminated the need for more student loans.”
His lack of responsibility paired with his steadily growing career allowed him to build a strong portfolio of clients – and cash.
But Bryan was first forced to fight through two years of “real struggle, long hours and low income”, leaving him still living at home.
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His parents were left baffled as to why their hard-working son could barely get by, but the finance expert was in it for the long haul.
The savvy saver instead put all his money straight into the bank and cut back on living expenses in a bid to grow his business.
And it paid off – Bryan continued to bag more clients and bigger accounts while launching his own firm.
Living at home with his parents allowed him to invest his earnings in the stock market, while snapping up some real estate too.
The only financial responsibility he had was to pay off his car, meaning he had minimal outgoings to worry about.
Bryan told CNBC: “Recognizing that capital is the precursor to wealth, a financial plan becomes feasible by either earning more or saving more.
Making $1 million or any other numerical goal was never my ambition; it was just a byproduct of my daily processes.
Bryan Kuderna
“A combination of the two provides the best odds. You might land a great job out of school only to watch much of your early earnings go to rent and living expenses.
“I lived at home until age 25, which made a nice income seem enormous.”
He later took the plunge and purchased two more properties, granting him some disposable income when renting them out.
Bryan’s successful career as a Certified Financial Planner coupled with his wise investments eventually made him a millionaire by age 30.
He now works alongside uber-rich clients while hosting seminars and webinars to share his financial wisdom.
The 37-year-old even penned a book titled Millenial Millionaire in 2015, in hopes of encouraging others to become entrepreneurs.
Bryan added: “Making $1 million or any other numerical goal was never my ambition; it was just a byproduct of my daily processes.”
We previously told how a teen who grew up with nothing became a millionaire at 19 and now has seven homes.
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