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Man goes from negative net worth to $650,000 in 5 years

GOBankingRates Logo By Cameron Huddleston of GOBankingRates | Slide 1 of 8: Like many millennials, Drew graduated from college in debt. When the 28-year-old — who goes by his first name only because he shares details of his finances on his blog, Guy on FIRE — finished school in 2013, he had $20,000 in student loans and a credit card balance between $3,000 and $5,000.“Starting off in a hole is never fun,” Drew said. But he decided not to let his debt become a money trap. Instead, he quickly turned around his financial situation. Now, Drew owns four investment properties and has a net worth of about $650,000. He hopes to achieve financial independence by the time he’s 30 in 2020.Keep reading to find out how this millennial went from a negative net worth to financially killing it in just five years.

From negative net worth to $650,000 in 5 years

Like many millennials, Drew graduated from college in debt. When the 28-year-old — who goes by his first name only because he shares details of his finances on his blog, Guy on FIRE — finished school in 2013, he had $20,000 in student loans and a credit card balance between $3,000 and $5,000.

“Starting off in a hole is never fun,” Drew said. But he decided not to let his debt become a money trap. Instead, he quickly turned around his financial situation. Now, Drew owns four investment properties and has a net worth of about $650,000. He hopes to achieve financial independence by the time he’s 30 in 2020.

Keep reading to find out how this millennial went from a negative net worth to financially killing it in just five years.

© GaudiLab / Getty Images/iStockphoto

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