A couple in their 30s that paid off their $234,000 mortgage in 5 years and hit a net worth of over $1 million explain how they invest their money and why they only keep $10,000 in their checking account
Brennan and Erin Schlagbaum reside in Texas with their 16-month old daughter.and start reading now.Brennan and Erin Schlagbaum went from being deep in debt to a net worth of over $1 million.They prefer three specific funds: VTSAX, VTIAX, and VEMAX.
A good chunk of their net worth is tied up in their new home in Arlington, Texas, where they moved in January 2023 so that their 16-month old daughter, who was diagnosed with Dravet syndrome in 2022, can get the best possible medical attention at a comprehensive care center nearby. Investments across various accounts make up most of the rest of their total assets. They've built up these accounts by consistently stashing away the majority of their income, which has grown exponentially over the past couple of months, said Brennan. His goal in 2023 is to earn $2 million in revenue.
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