Espresso CEO lives on $25K/12 months close to NYC
Espresso CEO Lives on $25K/12 Months Close to NYC
David Schomer, the CEO of Espresso Vivace, a popular Seattle-based coffee chain, made headlines when he revealed that he lived on just $25,000 a year close to New York City. Schomer’s decision to live frugally is a refreshing contrast to the lavish lifestyles of many other CEOs, and it offers insights into how it’s possible to live well on a budget. In this article, we’ll explore Schomer’s story and what we can learn from it.
The Story of David Schomer
Schomer’s story is an inspiring one. He started his career as a musician before transitioning to the coffee business. He founded Espresso Vivace in Seattle in 1988 and quickly built a loyal following for his high-quality espresso. Over the years, the business grew, and Schomer became a respected figure in the coffee world. Despite his success, Schomer has always lived frugally and has even been known to sleep in his coffee shops to save on rent.
Living on $25K/12 Months Close to NYC
Schomer’s decision to live on just $25,000 a year close to New York City is an impressive feat. He achieved this by living modestly and cutting back on unnecessary expenses. Schomer’s simple lifestyle includes eating home-cooked meals, biking instead of driving, and limiting travel. He also saves money by using public transportation and avoiding expensive entertainment options.
Despite living on a tight budget, Schomer’s life is far from spartan. He enjoys a fulfilling life with his partner and continues to work on growing his coffee business. Schomer’s story shows that it’s possible to live well on a budget if you’re willing to make some sacrifices.
Lessons from Schomer’s Story
Schomer’s story offers several valuable lessons. First, it’s possible to live well on a budget if you’re willing to make some changes to your lifestyle. By cutting back on unnecessary expenses, you can save money and still enjoy a fulfilling life. Second, it’s important to prioritize your spending and focus on what’s essential. For Schomer, this meant investing in his business and spending time with his loved ones. Finally, Schomer’s story is a reminder that success doesn’t have to be measured by material possessions or wealth. Instead, success can be defined by living a fulfilling life on your own terms.
Conclusion
In conclusion, David Schomer’s decision to live on just $25,000 a year close to New York City offers insights into how it’s possible to live well on a budget. Schomer’s story shows that by prioritizing your spending and cutting back on unnecessary expenses, you can save money and still enjoy a fulfilling life. Additionally, Schomer’s story is a reminder that success doesn’t have to be defined by material possessions or wealth. Instead, success can be measured by living a fulfilling life on your own terms.
