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Mum-to-be Shares Secret Of How She Became A Millionaire And Retired By 28 |RN

George Ryan
Credits: Brand X            © Provided by Trinity Mirror Plc Credits: Brand X

A 28-year-old mum-to-be who retired after working for just seven years has shared the secrets of her success.

The pregnant blogger, who uses the pen name JP Livingston, amassed a £1.6m ($2.25m) fortune during her short time working for an investment firm.

Despite her starting salary and bonus totalling more than £70,000 ($100,000) she insisted most of her savings came from making cut backs in everyday life which she said anyone can do if they want to make money .

a close up of text on a white background: Credits: Getty                 © Provided by Trinity Mirror Plc Credits: Getty

JP now lives in a tiny 325 sq ft (30 sq m) apartment in New York City with her husband and dog, furnished mostly with second hand furniture.

The couple are now looking for a bigger home as they are expecting their first child.

The mum-to-be’s knack for saving was sparked after her dad gave her a copy of the classic money management guide Rich Dad, Poor Dad at the age of 12.

One example is she finished college a year early in a bid to gain £106,000 ($150,000) from saving on tuition fees combined with an extra year of income.

The keen saver used a strategy of investing and saving in order to amass the small fortune in such a short amount of time.

When she was working she managed to save a whopping 70% of her income.

At just 26 she became a millionaire and the young retiree said the trick that made the biggest difference to her was to think about what she bought in terms of cost per hour.

She added: “So instead of saying a new unlocked iPhone costs £566 ($800), you might do the math to figure out it would cost you 60 hours of work, or a week and a half of your life.”

The New Yorker also recommended identifying your biggest expenses and making compromises there in order to cut back and save.   (Mirror)

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