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7 SIMPLE Steps That Made Me a Millionaire in the Military
7 SIMPLE Steps That Made Me a Millionaire in the Military
Hosted by: David Pere
Episode Type: Personal Finance, Wealth Building
Length: ~16 minutes
Watch on YouTube: 7 SIMPLE Steps That Made Me a Millionaire in the Military
đ„ What This Episode Covers:
Marine Corps veteran and real estate investor David Pere breaks down the exact seven steps he followed to go from broke E-2 to millionaireâall while still active duty.
This episode is your blueprint if you:
Are new to the military and want to use it as a launchpad for wealth
Feel stuck financially and want a practical, no-fluff roadmap
Want to use benefits like the VA loan and TSP to build long-term freedom
𧩠The 7 Steps to Military Wealth:
1. Get Promoted Early & Often
Max out your promotion points (PT, education, MOS performance). Promotions = pay raises without more hours worked.
2. Max Out Your TSP (Thrift Savings Plan)
Invest earlyâpreferably Rothâand leverage the BRS match. David breaks down fund options and recommends Simple Path to Wealth by JL Collins.
3. Build an Emergency Fund
Start with one month of expenses, then aim for 6 months. Dry powder beats credit card reliance every time.
4. Eliminate Bad Debt & Build Credit
Pay off consumer debt and establish credit history with small, manageable usage. A strong score opens doors in real estate and business.
5. Use the VA Loan to House Hack
Buy a duplex, triplex, or a single-family home with roommates. Let BAH and rent from others cover your mortgage = live for free.
6. Actually Use Your Military Benefits
From the SCRA to tuition assistance to the GI Billâthese are valuable tools. David shares hacks like the waived AMEX fees and $117k adaptive housing grant for disabled vets.
7. (Bonus) Start a Business
If youâre inclined, document your journey, blog, consult, or launch a side hustle. David built From Military to Millionaire while still in uniform.
đ Key Takeaways:
You can absolutely get rich in the militaryâwith just your service pay and smart choices.
Most service members delay action and miss out on years of compounding.
Discipline + access to free housing, tax-advantaged income, and government benefits = the ultimate wealth-building combo.
Donât wait 7 years to start like David didâstart now, even if youâre just checking into boot camp.
đ Recommended Resources:
đŻ Free Download: The No B.S. Guide to Military Life â Get the Book
đ§ Podcast Ep: Interview w/ JL Collins on the TSP
đș Webinar: VA House Hacking Deep Dive
đČ Connect With Us:
Subscribe on YouTube: From Military to Millionaire
Follow David: Instagram | Facebook
Weekly Newsletter: Tactical finance tips for the military community â Join Now
View all episodes
By David Pere
4.9
138138 ratings
7 SIMPLE Steps That Made Me a Millionaire in the Military
Hosted by: David Pere
Episode Type: Personal Finance, Wealth Building
Length: ~16 minutes
Watch on YouTube: 7 SIMPLE Steps That Made Me a Millionaire in the Military
đ„ What This Episode Covers:
Marine Corps veteran and real estate investor David Pere breaks down the exact seven steps he followed to go from broke E-2 to millionaireâall while still active duty.
This episode is your blueprint if you:
Are new to the military and want to use it as a launchpad for wealth
Feel stuck financially and want a practical, no-fluff roadmap
Want to use benefits like the VA loan and TSP to build long-term freedom
𧩠The 7 Steps to Military Wealth:
1. Get Promoted Early & Often
Max out your promotion points (PT, education, MOS performance). Promotions = pay raises without more hours worked.
2. Max Out Your TSP (Thrift Savings Plan)
Invest earlyâpreferably Rothâand leverage the BRS match. David breaks down fund options and recommends Simple Path to Wealth by JL Collins.
3. Build an Emergency Fund
Start with one month of expenses, then aim for 6 months. Dry powder beats credit card reliance every time.
4. Eliminate Bad Debt & Build Credit
Pay off consumer debt and establish credit history with small, manageable usage. A strong score opens doors in real estate and business.
5. Use the VA Loan to House Hack
Buy a duplex, triplex, or a single-family home with roommates. Let BAH and rent from others cover your mortgage = live for free.
6. Actually Use Your Military Benefits
From the SCRA to tuition assistance to the GI Billâthese are valuable tools. David shares hacks like the waived AMEX fees and $117k adaptive housing grant for disabled vets.
7. (Bonus) Start a Business
If youâre inclined, document your journey, blog, consult, or launch a side hustle. David built From Military to Millionaire while still in uniform.
đ Key Takeaways:
You can absolutely get rich in the militaryâwith just your service pay and smart choices.
Most service members delay action and miss out on years of compounding.
Discipline + access to free housing, tax-advantaged income, and government benefits = the ultimate wealth-building combo.
Donât wait 7 years to start like David didâstart now, even if youâre just checking into boot camp.
đ Recommended Resources:
đŻ Free Download: The No B.S. Guide to Military Life â Get the Book
đ§ Podcast Ep: Interview w/ JL Collins on the TSP
đș Webinar: VA House Hacking Deep Dive
đČ Connect With Us:
Subscribe on YouTube: From Military to Millionaire
Follow David: Instagram | Facebook
Weekly Newsletter: Tactical finance tips for the military community â Join Now
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