Kelan and Brittany Kline Reach $1 Million Net Worth After Erasing $40,000 in Student Debt
Updated
Updated · Business Insider · Aug 30
Kelan and Brittany Kline Reach $1 Million Net Worth After Erasing $40,000 in Student Debt
1 articles · Updated · Business Insider · Aug 30
Summary
The Klines said their household net worth topped $1 million in 2020 after they built The Savvy Couple into a seven-figure online business while holding spending relatively steady.
Their core strategy was widening the gap between income and expenses: they attacked $40,000 in student-loan debt, then redirected freed-up cash into investments and their home.
One rule was to price purchases in work time rather than dollars, using that lens to question whether items such as a $50,000 truck or a $100 dinner were worth the hours required.
They also distinguished frugal from cheap—favoring long-term value over the lowest sticker price—and avoided lifestyle inflation by staying in a starter home, driving used cars and living as a one-car household for about five years.
A monthly budget underpinned the system, with each spouse now getting about $200 in personal spending money, reflecting their view that disciplined planning can preserve enjoyment while keeping bigger financial goals on track.