Up until 2024, these videos used to bum me out. Born and raised in Baltimore with a crazy upbringing from a broke family of high school dropouts. I joined the military to escape the toxic environment and before 2024, the highest I had earned was about $45k/year in a dead end retail management job. After knocking out some online degrees, I now work remotely in my first data analytics role that I enjoy making $93k/year plus a coaching side hustle that brings me up to $121k/year. And our household is now at $191k/year for me and my wife. If I can do it then anyone can.
@@NYGFRANK87 I wouldn't stop at an associate' degree as they seemingly don't generate much value as far as job prospects and earnings growth, or boost your competitive positioning. I'd go for the bachelor's degree at the least assuming your ideal career warrants one. And I would exploit every opportunity for free education. That is a massive savings and growth boosting opportunity, especially for new career professionals or those looking to transition into something new.
No doubt being financially free and not having to worry much about health care and other expenses, diversification cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Well with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan strategies accordingly.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
My CFA, Joseph Nick Cahill is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
@herbertscott9575 I haul crude oil. I use all my endorsement’s. Hazmat, doubles, and tanker. I’m also home everyday and my shifts are about 9 hours as long as everything goes smoothly. I’ve been driving for 20 years but it shouldn’t take someone more than 2 years to get to this level.
Focus on aquiring assets. If you need a high salary to achieve that, go ahead, but a high salary shouldn't be your ultimate goal. My salary is below average but my passive income makes my total income far above average. And I get to have a relatively low stress job because I don't need a high salary anymore.
But it's a lot easier to do on an 85k+ salary than a 45k salary..... I've heard people say $14/hr and "good pay" in the same sentence. Get your income up and keep more.
I'm a college drop out worked at minimum wage retail jobs for years... Got a couple IT certs during covid, now I make 96k full benefits including pension.
We live in Flora Illinois where homes cost around $70,000 and jobs pay between 20-25/ hour. We live very well on what we make. I drive a concrete truck and my wife drives a school bus.
Who wants to live in Illinois? I looked at some of the areas on google maps where houses were for sale and the business areas had structures and layouts that looked like they were stuck in the late 1980s. A lot were mostly abandoned strip malls. And the weather is generally not that pleasant unless you are living in the very southern area of the state. At one point, I used to say North Carolina was a great place to live. But nowadays it's turning into another Florida.
Quitting your job and finding a new one is probably the best way to up your paycheck. If your work performance is amazing, then companies have no reason to move you up. They would prefer you in that position forever because then they don't have to worry about someone less great ever replacing you.
My hubby is killing it. He works hard so I can stay home with the kids. He makes good good money and has had to bust his butt to get there. Proud of my baby and grateful as heck ❤️
Lived in Illinois all my 35 years. My friends, my family, the beloved home for generations. Property taxes and ridiculous blue politics made my mother and I leave. Property taxes literally took half my mom's income on a modest house. She lived in Illinois 78 years. It was the hardest and easiest decision to leave INSANE IL in 2021 to common sense and affordable TN. 🇺🇸
25 have a AA in business work in accounting & will make $61K this year in KY. (LCOL) Working on on my bachelors in supply chain now, my biggest advice is find a company that pays for school, work there to build experience while going to school free with the company. Having experience + a degree has helped me to make more than the average person at 25. Good video, made me feel optimistic, having no debt, a higher income & no desire to impress others in my opinion is a key to building generational wealth. ( I never had it but I want my kids to )
Just saw on Facebook that a local guy I went to high school with bought a 2022 really nice Corvette. My immediate thought was that he went into huge debt, but the guy does own his own HVAC company so now I'm wondering if he could have paid for it outright.
On average your network is your network (soft skills) also there are a few people among thousands that should have been industrial designers , this is why there are not many "schools" in this area but a very rare few teach themselves and get recognition or know how to use a notary public and how to write out their ideas in a certain way so if the product comes to pass they may get support from someone in the business world.
I make $520,000/yr but because I work one full time job and do contract work for 2 clients. Full time job: $220,000/yr Client 1: $180,000/yr Client 2: $120,000/yr
Be careful with tech schools like Bethel Tech that promise a full fledged tech education in 15-30 weeks. It’s very hard to learn much in that time frame and have a good grasp on how it would apply in the workforce. While I didn’t enjoy taking general ed classes in college, having 4 years to let those tough technical concepts sit and stew allows folks to grow and feel better prepared for the job market afterwards. I know far too many people who went to a coding school and came out knowing how to do one or two things well (because of the course projects) but couldn’t figure out how to do anything else that the job demanded.
Learn all the trade skills; electricain, plumbing, light construction, etc. Those won't help your career, but if you don't strike it rich at least you'll be able to maintain your home.
It’s not what you make..it’s what you save. Anyone can live on $59k, but very few choose to make good financial decisions. They might make less in Mississippi, but it takes less money to live there vs Massachusetts. Try renting a home for $500 in Massachusetts 😂
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Natalie Rose Strayer.
Small businesses have been around forever. These guys are acting like they are something new. But they are setting expectations that everyone who starts one will cash out as a multi-millionaire. Surely they realize that many small businesses don't make it and very very few result in a $10+M payout.
im 19 born in 2005, i make 50k a year working for a government contractor waiting to get my aerospace engineering career going:) comment any tips yall have for me
max your roth ira and save as much as you can now. buy the stocks for the companies you shop at and believe in. when i was 21 i bought 10 shares of tesla at $30 a share. i sold when it hit 3k listening to others. I shouldve put the entire 30k i had saved at that time into it. id be a millionaire. same with bitcoin. i was going to mine bitcoin when it was $125. My friends were using it to buy ***** on the silkroad. we could've been multimillionaires right now. But when the price dropped and they were constantly against it in the media we left it alone. act broke. dont let people know you got a bunch saved. find mentors for where you wanna be. if you work at place like lockheed you need to be trying to get your degree on the side and focus on making you way up to project management. those certs are easy to get. I assume you already know about the A&P. Embry Riddle is very respected in the industry. Also get your private pilots license. You want to set yourself apart. If you get it now fresh out of high school this forward slingshot will gain momentum. Some of your old classmates wont hit 50k salaries until 30.
I’m in the same boat but on the verge of $80k. I would say keep pushing and learning to level up even if it’s a slower pace. That way you can look back in a few years and thank yourself.
Did i hear this guy correctly when he said mid career cyber analysts make over $200k? If so i can tell you as a cybersecurity receuiter that this is either a lie or a heavily misinformed statement using an outlier as a norm.
It would make sense that the highest earners today are millennials. They’re into tech and their parents “boomers” still stressed education. Those that actually did are the highest earners now.
27:45 FYI… Venture capital firms should be made illegal! I challenge ANY and EVERY one here to name a single company that was not killed (reputationally or down to bankruptcy/sold for parts) after being acquired by Venture Capital firms! 😡😡😡😡😡😡😡
At 37 and with my stay at home wife, I make $520,000/yr but because I work one full time job and do contract work for 2 clients. (All remote) Full time job: $220,000/yr Client 1: $180,000/yr Client 2: $120,000/yr
@@mattmasteringer4399 definitely very thankful for the position I’m in. This won’t last forever so we’re paying off our car asap and hoping to save enough to buy a 500k home in cash within the next 2-3 years.
I'll never take advice from a man who is afraid of pointing out the fact that there is a woman in the room but than goes and gets his hair washed by one. Just sayin 🤷
Go to trade school for 30 grand. Become a plumber. Work for someone for 5 years. You will be 23 .. go get your become a master plumber . Sign off on permits for 2 grand a pop
The arrogance of thinking they know more than an actual professor teaching, not saying that paying 200k is worth it but don't go to Bethel and learn on your own
@@MechNinji I'm a professional software engineer with years of experience in the industry and experience hiring and managing software engineers so I can speak to your question with some measure of inside knowledge. I'll start by saying that colleges don't magically create a perfect learning environment; some are bad, many are medocre, some are great. A college degree in computer science specifically isn't a shoe-in for a good job. That said, college degrees in general are a strong indicator of someone with good organizational abilities and general competence although they still have to pass a coding interview which remains difficult for people to fake (and more difficult these days as AI tools have softened people's problem solving abilities). My real issue is with these "technical certificate schools" which mostly exist to sell paper certificates with little value. They have generic curriculum cribbed from the published materials of the big colleges and the materials are presented by low-paid staff who generally aren't qualified to present the material (if they were qualified, they'd have a high-paying job or they'd be a professor). Attendance of these schools is actually a negative indicator for job applicants. Our recruiters have a number of "soft technical" questions they are coached to administer and applicants with this in their history are rarely able to get past those questions. You don't need to go to a fancy computer science school, I don't come from a CS background and I've thrived in the industry. Much like welding, it is a trade that can be learned by a dedicated and curious hobbyist. That puts these tech schools in the awkward position of giving inferior instruction on a topic that is well treated in traditional college while offering materials that are freely accessible to theose students most predisposed to a non-traditional education route. At least in welding schools they can offer materials and tools not available to the general public at reasonable cost, while the cost of getting into software engineering is simply owning a laptop.
That’s exactly why I got out of the shampoo game and became a cardiologist!
Ya I can confirm. I've never paid myself to shampoo. Working for free for so many years.
Up until 2024, these videos used to bum me out. Born and raised in Baltimore with a crazy upbringing from a broke family of high school dropouts. I joined the military to escape the toxic environment and before 2024, the highest I had earned was about $45k/year in a dead end retail management job. After knocking out some online degrees, I now work remotely in my first data analytics role that I enjoy making $93k/year plus a coaching side hustle that brings me up to $121k/year. And our household is now at $191k/year for me and my wife.
If I can do it then anyone can.
I’m curious . Did you get your online degree from WGU?
@NYGFRANK87 nope. Got a BS from DeVry (military paid for this entirely) and then paid out of pocket for a dual major MBA from University of Scranton.
@ No way. Got my associates from Devry too. Never got my BS. I have a chance though. My employer pays for undergraduate programs.
@@NYGFRANK87 I wouldn't stop at an associate' degree as they seemingly don't generate much value as far as job prospects and earnings growth, or boost your competitive positioning. I'd go for the bachelor's degree at the least assuming your ideal career warrants one. And I would exploit every opportunity for free education. That is a massive savings and growth boosting opportunity, especially for new career professionals or those looking to transition into something new.
Love this tbh
Ditto. I never made more than 200k per year. But was able to retire at 59 with 2 mil in the bank & very little debt
No doubt being financially free and not having to worry much about health care and other expenses, diversification cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
Well with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan strategies accordingly.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
My CFA, Joseph Nick Cahill is a renowned figure in his field. I recommend researching his name online; you'll find all his credentials and everything you need to work with a reliable professional. With many years of experience, he is a valuable resource for anyone looking to navigate the financial market.
40 year old local truck driver in Utah ($130k) I also do Uber and Lyft on the side ($45k) for a grand total of $175k a year. Life is good.
How long did it take you to get to 130k in trucking? What niche are you in?
👏🏽
@herbertscott9575 I haul crude oil. I use all my endorsement’s. Hazmat, doubles, and tanker. I’m also home everyday and my shifts are about 9 hours as long as everything goes smoothly. I’ve been driving for 20 years but it shouldn’t take someone more than 2 years to get to this level.
How many hours a week does that equate to
@@zachtaylor7241probably 85+
Focus on aquiring assets. If you need a high salary to achieve that, go ahead, but a high salary shouldn't be your ultimate goal. My salary is below average but my passive income makes my total income far above average. And I get to have a relatively low stress job because I don't need a high salary anymore.
Which assets bring you the most net income?
This is my goal. Using my salary to leverage assets
@@jeffs70chevelledogecoin and sht coin
stop comparing your self to other and live your life. It not how much you make it how much you keep
But it's a lot easier to do on an 85k+ salary than a 45k salary..... I've heard people say $14/hr and "good pay" in the same sentence. Get your income up and keep more.
Comparison is necessary. Many people dont know when they're falling behind!!
Comparison is the theft of joy. But I do it all the time.
Comparison is the thief of joy. However, not being able to have a standard to compare to can show where there is room for improvement.
Toxic positivity smh 0:45
I'm a college drop out worked at minimum wage retail jobs for years... Got a couple IT certs during covid, now I make 96k full benefits including pension.
I have been to salons where the Stylist can definitely shampoo herself, but it's more efficient when there are separate people that wash the hair.
We live in Flora Illinois where homes cost around $70,000 and jobs pay between 20-25/ hour. We live very well on what we make. I drive a concrete truck and my wife drives a school bus.
Is it good for kids? Good university?
Homes cost 70k is a meme...
Who wants to live in Illinois? I looked at some of the areas on google maps where houses were for sale and the business areas had structures and layouts that looked like they were stuck in the late 1980s. A lot were mostly abandoned strip malls. And the weather is generally not that pleasant unless you are living in the very southern area of the state.
At one point, I used to say North Carolina was a great place to live. But nowadays it's turning into another Florida.
What is there to do in Flora, IL?
Homes cost $70,000? Are you living in 2003? Must be nice!! Lol
Quitting your job and finding a new one is probably the best way to up your paycheck. If your work performance is amazing, then companies have no reason to move you up. They would prefer you in that position forever because then they don't have to worry about someone less great ever replacing you.
My hubby is killing it. He works hard so I can stay home with the kids. He makes good good money and has had to bust his butt to get there. Proud of my baby and grateful as heck ❤️
Would have liked this data if it was based on median instead of average. Median paints a better picture of where most people are
Agree. Average does not capture the bigger story
Lived in Illinois all my 35 years. My friends, my family, the beloved home for generations. Property taxes and ridiculous blue politics made my mother and I leave. Property taxes literally took half my mom's income on a modest house. She lived in Illinois 78 years. It was the hardest and easiest decision to leave INSANE IL in 2021 to common sense and affordable TN. 🇺🇸
Not as affordable anymore
25 have a AA in business work in accounting & will make $61K this year in KY. (LCOL) Working on on my bachelors in supply chain now, my biggest advice is find a company that pays for school, work there to build experience while going to school free with the company. Having experience + a degree has helped me to make more than the average person at 25. Good video, made me feel optimistic, having no debt, a higher income & no desire to impress others in my opinion is a key to building generational wealth. ( I never had it but I want my kids to )
Just saw on Facebook that a local guy I went to high school with bought a 2022 really nice Corvette. My immediate thought was that he went into huge debt, but the guy does own his own HVAC company so now I'm wondering if he could have paid for it outright.
Easily
“Pay your dues” the original boomer mindset when America was at its best. Being a loyal company man paid off.
On average your network is your network (soft skills) also there are a few people among thousands that should have been industrial designers , this is why there are not many "schools" in this area but a very rare few teach themselves and get recognition or know how to use a notary public and how to write out their ideas in a certain way so if the product comes to pass they may get support from someone in the business world.
I thought “shampooing” might mean carpet cleaning
Sheesh, I dislike channels that let obvious bot scammers run rampant in the comment section.
I couldn't find the name of the college in the show note. Can you provide it?
I think shampooer would mean like carpet cleaning, shampooing the carpet, steam cleaning the carpet?? Idk
Salary does not equal wealth
But you have to be the guy on wall Street to afford the plumber.
My golf buddy is a plumber and he charges $258 an hour just to show up. That's $500K before upcharges!!
He’s doesn’t make 500k…
Avoid those who charge service calls
That’s incorrect.
I make $520,000/yr but because I work one full time job and do contract work for 2 clients.
Full time job: $220,000/yr
Client 1: $180,000/yr
Client 2: $120,000/yr
What’s the take home pay that goes in your pocket after taxes?
Around 30k/m
Be careful with tech schools like Bethel Tech that promise a full fledged tech education in 15-30 weeks. It’s very hard to learn much in that time frame and have a good grasp on how it would apply in the workforce. While I didn’t enjoy taking general ed classes in college, having 4 years to let those tough technical concepts sit and stew allows folks to grow and feel better prepared for the job market afterwards.
I know far too many people who went to a coding school and came out knowing how to do one or two things well (because of the course projects) but couldn’t figure out how to do anything else that the job demanded.
Community college is a great place to start and knock out quite a bit for a very affordable price. It’s free for most in CA.
21:19 I thought passion doesn't always pay you well or pays the bills?
Shampoo carpets?
This man has a preacher's cadence
What skills should one learn to be on pace or ahead of this ever evolving workforce?
Learn all the trade skills; electricain, plumbing, light construction, etc. Those won't help your career, but if you don't strike it rich at least you'll be able to maintain your home.
Learn how to invest. AI will soon be taking everything.
It’s not what you make..it’s what you save. Anyone can live on $59k, but very few choose to make good financial decisions. They might make less in Mississippi, but it takes less money to live there vs Massachusetts. Try renting a home for $500 in Massachusetts 😂
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
Thanks so much Natalie Rose Strayer.
I'm surprised that you just mentioned and recommended Natalie Strayer, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Natalie Strayer too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
Small businesses have been around forever. These guys are acting like they are something new. But they are setting expectations that everyone who starts one will cash out as a multi-millionaire. Surely they realize that many small businesses don't make it and very very few result in a $10+M payout.
Shampooers, perhaps carpets?
39 years old $190k per year. Sales
im 19 born in 2005, i make 50k a year working for a government contractor waiting to get my aerospace engineering career going:)
comment any tips yall have for me
max your roth ira and save as much as you can now. buy the stocks for the companies you shop at and believe in. when i was 21 i bought 10 shares of tesla at $30 a share. i sold when it hit 3k listening to others. I shouldve put the entire 30k i had saved at that time into it. id be a millionaire. same with bitcoin. i was going to mine bitcoin when it was $125. My friends were using it to buy ***** on the silkroad. we could've been multimillionaires right now. But when the price dropped and they were constantly against it in the media we left it alone. act broke. dont let people know you got a bunch saved. find mentors for where you wanna be. if you work at place like lockheed you need to be trying to get your degree on the side and focus on making you way up to project management. those certs are easy to get. I assume you already know about the A&P. Embry Riddle is very respected in the industry. Also get your private pilots license. You want to set yourself apart. If you get it now fresh out of high school this forward slingshot will gain momentum. Some of your old classmates wont hit 50k salaries until 30.
I make $83500 in a lcol area and haven't hit a cap. Im 36. It's a comfy job i think I'm good at. Should I be content?
I’m in the same boat but on the verge of $80k. I would say keep pushing and learning to level up even if it’s a slower pace. That way you can look back in a few years and thank yourself.
Is it someone who shampoos your carpets?? 😂😅
Average isn’t a good metric, the Mean salary is the most accurate representation of the US population.
Just do you in life.
Is that a 14" or 16" MacBook Pro?
Nah it’s an HP laptop.
Did i hear this guy correctly when he said mid career cyber analysts make over $200k? If so i can tell you as a cybersecurity receuiter that this is either a lie or a heavily misinformed statement using an outlier as a norm.
By shampooers maybe it means carpet cleaners. I've heard horror stories
It would make sense that the highest earners today are millennials. They’re into tech and their parents “boomers” still stressed education. Those that actually did are the highest earners now.
2:00 i guessed Mississippi 😅😂
27:45 FYI… Venture capital firms should be made illegal! I challenge ANY and EVERY one here to name a single company that was not killed (reputationally or down to bankruptcy/sold for parts) after being acquired by Venture Capital firms! 😡😡😡😡😡😡😡
Not true better & Experience doesn't come with bigger pay
Carpet shampooers?
At 37 and with my stay at home wife, I make $520,000/yr but because I work one full time job and do contract work for 2 clients. (All remote)
Full time job: $220,000/yr
Client 1: $180,000/yr
Client 2: $120,000/yr
I will work full time for you as your personal remote assistant for $60,000 RIGHT NOW.
You’re wealth my friend. Your in top 1% and 0.000001% world wide.
@@mattmasteringer4399 definitely very thankful for the position I’m in. This won’t last forever so we’re paying off our car asap and hoping to save enough to buy a 500k home in cash within the next 2-3 years.
What do you do?
What do you do
I'll never take advice from a man who is afraid of pointing out the fact that there is a woman in the room but than goes and gets his hair washed by one. Just sayin 🤷
Carpet shampooing?
Might be carpet shampoo
Go to trade school for 30 grand. Become a plumber. Work for someone for 5 years. You will be 23 .. go get your become a master plumber . Sign off on permits for 2 grand a pop
Pure commercial. This guest is promoting his business lol
I can feel the beta coming through the screen with this guy
😅😅😅
The arrogance of thinking they know more than an actual professor teaching, not saying that paying 200k is worth it but don't go to Bethel and learn on your own
What proof is there that a professor (must of whom have never had a job in the real world) knows anything?
@ go get your own proof that they don't know… entitlement is a bad thing child
@@tioopuh Ah, so you have no proof. Just talking to hear your own voice 😂
@@MechNinji what about the fact that they have earn their title? you’re very smart
@@MechNinji I'm a professional software engineer with years of experience in the industry and experience hiring and managing software engineers so I can speak to your question with some measure of inside knowledge. I'll start by saying that colleges don't magically create a perfect learning environment; some are bad, many are medocre, some are great. A college degree in computer science specifically isn't a shoe-in for a good job. That said, college degrees in general are a strong indicator of someone with good organizational abilities and general competence although they still have to pass a coding interview which remains difficult for people to fake (and more difficult these days as AI tools have softened people's problem solving abilities).
My real issue is with these "technical certificate schools" which mostly exist to sell paper certificates with little value. They have generic curriculum cribbed from the published materials of the big colleges and the materials are presented by low-paid staff who generally aren't qualified to present the material (if they were qualified, they'd have a high-paying job or they'd be a professor). Attendance of these schools is actually a negative indicator for job applicants. Our recruiters have a number of "soft technical" questions they are coached to administer and applicants with this in their history are rarely able to get past those questions.
You don't need to go to a fancy computer science school, I don't come from a CS background and I've thrived in the industry. Much like welding, it is a trade that can be learned by a dedicated and curious hobbyist. That puts these tech schools in the awkward position of giving inferior instruction on a topic that is well treated in traditional college while offering materials that are freely accessible to theose students most predisposed to a non-traditional education route. At least in welding schools they can offer materials and tools not available to the general public at reasonable cost, while the cost of getting into software engineering is simply owning a laptop.
2:00 i guessed Mississippi 😅😂
I knew that the second he said lowest, automatically said MS. It's always Mississippi, Louisiana or Alabama at the the bottom.