

What It’s REALLY Like to Build Wealth in the Military | Making a Millionaire
Sep 1, 2025
A couple shares their remarkable journey from $35,000 in debt to a $4 million net worth before 40. They discuss the mindset shifts and financial strategies that fueled their success, including disciplined budgeting and the importance of financial literacy. Balancing military life with family obligations, they delve into real estate investment insights, such as using VA mortgages and managing tenants. The couple emphasizes prioritizing fulfilling life experiences while strategizing for retirement and how teamwork plays a crucial role in achieving their financial goals.
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From Negative Net Worth To Action
- Matt and Alex started married with $35,000 of debt and barely enough to cover minimum payments.
- Alex took three jobs and Matt devoured personal finance books to climb out of the hole.
Enforce A High Savings Rate
- Create a strict budget and a high savings rate; Matt and Alex reached ~50% savings early and maintained it as income rose.
- Use tools (Mint then) and fiscal fasts to enforce spending limits when you overshoot.
Buying Homes Intentionally
- They bought homes using VA mortgages with minimal down payments and planned from day one to rent them later.
- Each house was purchased with the intent to become a rental when they relocated for military service.