EPFMK: Mum-to-be shares the secret of how she became a millionaire and retired by 28

Cutting back on big expenses, living frugally and thinking about cash in terms of time are some tips the pregnant blogger, who uses the pen name JP Livingston, advise

A 28-year-old mum-to-be who retired after working for just seven years has shared the secrets of her success.

The pregnant blogger, who uses the pen name JP Livingston, amassed a £1.6m ($2.25m) fortune during her short time working for an investment firm.

Despite her starting salary and bonus totalling more than £70,000 ($100,000) she insisted most of her savings came from making cut backs in everyday life which she said anyone can do if they want to make money .

JP now lives in a tiny 325 sq ft (30 sq m) apartment in New York City with her husband and dog, furnished mostly with second hand furniture.

The money she amassed is incredible (Image: Getty)
She used a strategy of investing and saving (Image: Getty)

The mum-to-be's knack for saving was sparked after her dad gave her a copy of the classic money management guide Rich Dad, Poor Dad at the age of 12.

One example is she finished college a year early in a bid to gain £106,000 ($150,000) from saving on tuition fees combined with an extra year of income.

When she was working she managed to save a whopping 70% of her income (Image: Brand X)

The keen saver used a strategy of investing and saving in order to amass the small fortune in such a short amount of time.

When she was working she managed to save a whopping 70% of her income.

At just 26 she became a millionaire and the young retiree said the trick that made the biggest difference to her was to think about what she bought in terms of cost per hour.

She added: "So instead of saying a new unlocked iPhone costs £566 ($800), you might do the math to figure out it would cost you 60 hours of work, or a week and a half of your life."

The New Yorker also recommended identifying your biggest expenses and making compromises there in order to cut back and save.