PHOTO: Alanna Pow has bought a property at 21, after giving up her career as a flight attendant. Photo: Supplied
How a 21-Year-Old Flight Attendant Turned a $60K Job into Property Success with a Side Hustle
Buying a property in Australia’s competitive real estate market is a daunting task, especially for young professionals like 21-year-old Alanna Pow. Her journey from working long hours as a flight attendant to becoming a successful homeowner—and eventually thriving entrepreneur—offers inspiration and practical lessons for aspiring property investors.
The Struggles of Saving on a Modest Salary
Alanna’s story began with a typical challenge faced by many young Australians: saving for a property while managing everyday expenses. Working as a flight attendant, she earned around $49,000 initially, later increasing to an average of $2,000 to $3,000 per fortnight after negotiations. Despite cutting back on social activities and diligently saving, home ownership seemed almost unattainable.
“I was doing everything right, but the numbers just weren’t adding up,” Alanna shared with Yahoo Lifestyle. This sentiment reflects the broader struggle many Gen Z and Millennial Australians face in entering the property market, where skyrocketing prices and high living costs create significant barriers.
Thinking Outside the Box: From Side Hustle to Financial Freedom
Realizing she needed a new approach, Alanna explored alternative income streams. After purchasing her first property, she faced mortgage repayments of around $3,000 per month—an overwhelming amount on her flight attendant salary alone. This financial strain led her to start an OnlyFans account, a bold move that significantly transformed her financial situation.
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Initially, Alanna balanced her flight attendant duties with her new side hustle, quickly earning about $15,000 monthly. Soon, her success on the platform allowed her to transition into full-time content creation. Over the past year, her earnings have surged to $70,000 a month, enabling her to comfortably manage her mortgage and live a lifestyle she once only dreamed of.
Balancing Financial Goals and Lifestyle Aspirations
Thanks to her entrepreneurial venture, Alanna now enjoys a life of travel, financial security, and flexibility. “It’s about finding what works for you and not being afraid to chase your goals,” she said. Her story highlights the importance of diversification and adaptability in achieving financial independence.
Her future plans include investing in properties overseas, particularly in Bali, where she envisions long-term growth. This strategy mirrors a growing trend among Australian investors looking beyond domestic markets for better value and returns.
The Realities of Social Media Entrepreneurship
While Alanna’s success might seem glamorous, she emphasizes the hard work involved. Managing her social media presence requires daily posts and continuous engagement, which demands both creativity and consistency. “Men love seeing me just living my life and being natural,” she explained, noting that authenticity has been key to her online success.
Lessons for Young Property Investors
- Explore Multiple Income Streams: Diversifying your income can accelerate your savings and provide financial security.
- Embrace Digital Opportunities: The rise of social media and online platforms offers new ways to generate wealth.
- Stay Committed and Adaptable: Alanna’s journey underscores the importance of perseverance and flexibility in achieving long-term goals.
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Conclusion: A New Path to Property Ownership
Alanna Pow’s story reflects the evolving landscape of home ownership and wealth generation in Australia. It demonstrates that with creativity, determination, and strategic thinking, young Australians can overcome financial barriers and achieve their property dreams. Her journey serves as a testament to the potential of side hustles and digital entrepreneurship in navigating today’s challenging economic environment.
SOURCE: YAHOO