Selling My Silicon Valley Home For Nearly $1 Million Over Asking
In 2015, my partner and I bought our first home together in Silicon Valley, California. Our home was zoned for some of the best schools in the country, so the plan was to live in the house at least until our (future) child would finish high school. Never in our dreams did we even think of selling our home just 7 years later and relocating to another state. But plans change and my partner and I are the type of people who know how to pivot when it makes sense. So today, I will share how we sold our home for nearly $1 million over the asking price!
What It's Like Living in Texas as a California Native
Moving from California to Texas was not an easy decision. After all, my entire family is California-native. Nevertheless, after much research and planning, we firmly believe we made the right decision to relocate to Dallas at the end of last year. After living in Dallas for about 2 months now, I wanted to share some of my observations about the area and how it contrasts with California. Many of them were expected, but not everything!
How A Self-Made Millionaire Budgets
Have you ever wondered how much a millionaire spends per year? Do they even have budgets? What do they spend their money on? Speaking from firsthand experience as a self-made millionaire, I definitely do have a budget, and I know exactly where my money is spent every month. It’s important to know where my money is spent no matter how high my net worth is. Tracking my expenses and comparing them against my budget is crucial to attaining financial independence some day. Becoming a self-made millionaire in my 20s didn’t happen by sheer luck; it was calculated. Budgeting helped me get to where I am today, and I assure you that it will continue to help me reach my goal to attain financial independence by 40.
Reaching Financial Independence in Silicon Valley With $10,000,000
Financial Independence, Retire Early, AKA the FIRE movement, has become a major theme among millennials this past decade, including myself. Shortly after you start reading about it, you’ll learn that FIRE means different things to different people. In this post, I’ll give my take on what FIRE means to me, why I think it’s important, and how I determined my FIRE number. That is, how much money one needs to reach financial independence and retire early.