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How one teacher became a self-made millionaire by age 36

How one teacher became a self-made millionaire by age 36

Andrew Hallam became a millionaire at 36 years old. By 40, his savings had grown even more, granting him financial independence.

A middle and high school teacher, Hallam didn't inherit wealth and never won the lottery. So how did he become a millionaire on a teacher's salary?

He held various jobs throughout college, and he continued to put every spare cent he could into the market. At one point, he chose to take out a loan to help with tuition so he could put the money he earned working into his investment accounts.

In order to become debt-free and get back to investing whatever he could, Hallam resorted to being as frugal as possible — a lifestyle choice he doesn't necessarily recommend.

"I probably went a little bit too far," he tells Pant. "You have frugal, and then you have crazy ambitious. I was a frugal weirdo. It's not something I would end up recommending to people, but when I look back on it, it was a fun time."

Continued: http://www.cnbc.com/2017/04/28/how-one-teacher-became-a-self-made-millionaire-by-age-36.html