@jocelynbesara — 21x breakout

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I BOUGHT A HOUSE WHILE I WAS MAKING $55K AT MY CORPORATE JOB

@jocelynbesara

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Why it worked

The video tapped into the aspiration of homeownership, particularly for young adults, by providing a relatable and achievable roadmap. The creator's transparency about her income and savings strategy, combined with a clear, step-by-step narrative, made the process seem less daunting and more attainable for viewers.

Summary

The creator shares her journey of buying a house while earning $55K at her corporate job. She details her saving strategy, including taking on a part-time job and diligently budgeting, which allowed her to save $2,200-$2,700 monthly. After 9 months of focused saving and house hunting, she successfully purchased her first home in May 2024.

Structure

1Introduction: Buying a house on a $55K salary
2Inspiration: Attending an open house and talking to a realtor
3Saving Strategy: Taking a part-time job and saving $2,200-$2,700/month
4Intentional Spending: Budgeting and reducing costs for 9 months
5Down Payment & Purchase: Saving $40K and buying a new build home
6Conclusion: Closing on the house and reflecting on the achievement

On-screen text

I BOUGHT A HOUSE WHILE I WAS MAKING $55K AT MY CORPORATE JOB here's how I did it In June 2023 I went to an open house with my mom I talked to a realtor and she made homeownership seem like a reality especially if I utilized my options as a first time homeowner I decided that day I was going to start saving intentionally for my house I got a part time second job on top of my salary job, making $1,200 extra every month After my living expenses (rent, groceries, gas, bills, utilities etc) I had around $1,500 left from my main job In total I had around $2,200- $2,700 in savings every month that went to my high yield savings account for 9 months I was very intentional with my spending, I focused on budgeting and reducing my costs I worked weekends, holidays and I tracked every single dollar with my spreadsheet In March 2024, I had saved $40K for my down payment I started house hunting and I decided to go with a new build home since it would be less costly in maintence while I continued to grow financially I closed on my first house in May 2024, almost 1 year later from when I set my goal it's the best thing I've ever done for myself and welcome to year 3 of homeownership