I watched my mum struggle to make ends meet & my first job was making sandwiches – now I am a self-made millionaire

A MAN who watched his mum struggle to cover bills started investing in property young and became a self-made multi-millionaire by 30. Todd Baldwin, 31, has revealed his top hacks to saving those pennies and building up wealth from nothing. INSTAGRAM/toddjbaldwinTodd Baldwin became a nifty entrepreneur at a young age and now has shared all the ways he got rich[/caption] INSTAGRAM/toddjbaldwinTodd and his wife, Angela, now save 80 per cent on their seven figure salaries and invest it real-estate and the stock market[/caption] At a young age, Todd knew he never wanted to experience financial stress like his mother and became a savvy entrepreneur early on. The American started out at the very bottom making sandwiches, but fast forward a few years and Todd was earning enough in commercial insurance sales to start investing in real estate by his early 20s. From there, he bought a six-bedroom home outside Seattle and started “house-hacking”. Todd cleverly rented out the other rooms in his house so his mortgage costs were covered and it even left him with a tasty profit each month. Through the years, Todd built up an impressive real-estate portfolio and by only 25, his new worth reached £800,000, Insider reports. At 28, he hit new dizzying heights, becoming a self-made multi-millionaire and leaving his day job. However, he explained that key to his success was both his house-hacking ventures and being frugal. Up until 2020, Todd and his wife, Angela, managed to save 80 per cent of their salaries by refusing to spend money on certain things in life. He told CNBC that they stray away from using his cash on entertainment and leisure activities, including the cinema or restaurants. Instead, they’ve found a loop-hole by doing those things for free as a secret shopper. House-hacking is still a major part of their income and renting out rooms in their own property means they almost get their mortgage paid for them. yet, these days the pair live a little less frugally and have taken a step back from secret shopping and house-hacking now that their net worth totals £3.2million. Todd currently engages in big deals involved in real estate wholesaling – working between sellers and investors to secure contracts – raking in £800,000 in just five deals in 2022. A man of many business talents, the real-estate entrepreneur also invests in the stock market, where he tells others to invest in what you know. Beyond this handy advice, he encourages others to diversify by spreading their money across various investments to reduce the risk. His next top tip is to not confuse investing with saving as they are very different concepts. If you want to build your wealth, you can’t just save, he advises. Lastly, Todd recommends investing for the long term and abandoning thoughts of getting rich quick. “Set it and forget it,” he told Insider. “Do not day trade”. INSTAGRAM/toddjbaldwinBeyond real-estate, Todd invests in the stock market[/caption] INSTAGRAM/toddjbaldwinHe tells others to to make careful and less risky investments across different sectors[/caption]