Googler Living On $194K In Orange County, CA | Gen Z Money
CNBC Make It
8 min, 30 sec
Ethan Nguonly, a 22-year-old Google software engineer, shares his journey towards financial independence through frugality, education, and strategic investing.
Summary
- Ethan attributes his drive for financial freedom to his parents' early emphasis on education and investing.
- He finished his bachelor's degree in two years and completed a master's while working full-time at Google.
- Ethan values the work-life balance and perks at Google, which save him about $4,000 annually.
- He practices moderate budgeting, enjoys traveling, and invests heavily in ETFs, real estate, and retirement accounts.
- Ethan aspires to retire by 35, continues to invest in rental properties, and looks forward to family life.
Chapter 1
Ethan discusses his frugal lifestyle, the influence of his parents, and his desire for financial freedom.
- He strives to live frugally without compromising quality of life.
- His parents instilled the importance of education and investing.
- Ethan's goal is to achieve financial freedom early.
Chapter 2
Ethan shares his interest in investing from a young age and his accelerated education to avoid debt.
- Developed an interest in stocks during his youth.
- Graduated from UC Berkeley in two years to stay debt-free.
- Sacrificed the traditional college experience for financial goals.
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Ethan shares his saving habits, investment allocations, and his experience with cryptocurrency investments.
- Invests over $2,800 monthly across non-retirement and retirement accounts.
- Keeps minimal liquid cash, preferring to invest in assets that outpace inflation.
- Learned from a costly cryptocurrency mistake and now invests cautiously.
Chapter 7
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