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The Economic Times
The Economic Times
Trending Desk

'No car, no TV': 24-year-old Meta employee earning $306,500 rejects luxury lifestyle, explains strategy to build wealth while pursuing travelling, hobbies

At a young age, tech professionals often dream of luxury apartments, expensive gadgets and high-end cars. But a 24-year-old Meta employee, Raymond Zeng earning $306,500 (Rs 3 crore) a year, has opted for a very different, rather an unconventional lifestyle. Living in the San Francisco Bay area, he told Business Insider that she doesn't own a car, couch or even a TV.

Raymond Zeng works as a software engineer at Meta and moved to San Francisco about 8 months ago after spending 2 years in Dallas. "I've been told by many of my friends that my living situation is very "Spartan." I don't own a car, couch, or even a TV," he told BI.

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Focus on travel, investment and hobbies

Raymond Zeng revealed he is focused on achieving financial independence early, with a goal of retiring around age 30. Despite earning a high salary, he says he chooses a minimalist lifestyle so he can prioritise investing, travel and hobbies over unnecessary spending.

“Right now, I'd rather prioritize investing, travel, and hobbies over filling my apartment with things I don't use very much or experiences that don't lead me to a fulfilling life.”

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