Living On $56K In Dallas Before Coronavirus Unemployment | Millennial Money
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- เผยแพร่เมื่อ 31 มี.ค. 2020
- In January, Marek and Kothney-Issa Bush, both 28, earned a combined income of $56,000 and had settled into life in a tiny home community in Lake Dallas, Texas. The couple started the year completely debt-free, having paid off the last of their $125,000 debt in 2019. By March, the coronavirus pandemic resulted in Kothney-Issa losing both of her jobs while the national retailer where Marek worked as a theft and fraud investigator shuttered all of its locations. He’ll get paid for the next two weeks, but after that, he doesn’t know.
This is the latest installment of Millennial Money, which profiles people across the U.S. and details how they earn and spend their money.
Read more about Marek and Kothney-Issa's budget breakdown here: cnb.cx/3dRwGHl
Check out their TH-cam channel Living Tiny with the Bushes: / @the_bush_family
The Bushes estimate that they’ve lost about half of their monthly income so far, due to the effects of the pandemic. At the start of the year, Marek earned a $36,000 salary for his full-time job. Kothney-Issa worked as a server at a local restaurant, and she was on track to bring in around $20,000 a year. She also tutored on the side and was preparing to get certified to teach in Texas, where the couple moved in October 2019 after living in Florida for several years.
Before the pandemic, the couple enjoyed having some wiggle room in their budget after spending two years cutting every possible expense and working multiple jobs to pay off $125,000 worth of debt. They were still careful with their money, buying clothes at Ross and hitting up happy hour. But the Bushes were able to put around $600 per month toward discretionary spending like dining out.
Losing their jobs forced the Bushes to cut their spending dramatically. They dropped their budget for discretionary spending from $600 to $150 (“If that,” Kothney-Issa says), eliminated all spending on unexpected expenses, canceled their gym membership and are temporarily taking a break from saving. They were also able to put a pause on the insurance for one of their cars, so they’re only driving one for now. Donating to their church and supporting Kothney-Issa’s sister is a top priority for the couple, so they’re keeping it in the budget for now.
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Living On $56K In Dallas During Coronavirus Unemployment | Millennial Money
What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. We are especially interested in hearing from first-time homebuyers in Atlanta, Denver and Toronto. cnb.cx/32TYZ2K
Yay! Finally Canada!
Philippines? Hahahahahaaha applied long time ago
Poor tho. 8k USD a year
Does anyone know Toronto has tiny house hub like that in video?
My boyfriend and I are first-time homebuyers in suburbs of Minneapolis, MN.
Kelly Lee roughly how much did it cost in mn? Thank you
They don’t make a lot of money but they are hard working, responsible and very positive on life. I wish them the best!
i agree they don't have any kids either 2 people can live cheap as one
125k in debt b4 30yrs old , is not responsible...they dont even have degrees that make $$$!!!
@@Kmini408 they wouldnt survive with kids...more $$$...
Give me a break. She is a teacher, and he has a decent job. They are going to be fine. They are not struggling.
@@jimmyjay689 that included the purchase of their Tiny house, Student loans and cars. Not nearly as exorbitant as it initially sounds.
I’d like to see this more. Seeing people who makes $300K a year is insightful but I’d like to see people who makes $60k or less and how the live their life.
John Taylor you don’t know their situation...
John Taylor I would lose everything I have if I was bringing in $42k a year
Kou Lee exactly, I could relate to this.
@John Taylor where do you live though?
I started to fill it out and man. The form is too long lol. I make 55k a year in Atlanta but the form takes a long time to fill out lol.
So she was sitting with him, in the car, while he was delivering pizza - as a date! Hats off to you, madam, that's truly unconditional love.
Mark Owen That’s what I call LOVE. Genuine, unconditional LoOoVe
Yes, it's so sweet and cute:)
Lol my parents go to Walmart as a date since they’re so busy with taking care of us that that is the only time they have to theirselves
I've done this as a date before didn't think much of it
Belief in humanity restored. There are good women and they even don't balloon up right after wedding. There might be hope.
CNBC thanks so much for featuring us! It was an amazing experience!
Living Tiny with the Bushes thank you for sharing your story; it's inspirational. If you don't mind me asking, did you follow Dave Ramsey's baby steps?
Actually, I just checked out your channel and got my answer. And I newly subscribed :)
You both are such an inspiration. I’m headed over now to subscribe to your TH-cam channel. Praying for continued blessings and favor for your family!
You guys are so adorable😊
why did yall jus get monetized a month ago at 7k subscribers
Most New Yorkers are 'tiny house' living and don't even know it!
Darryll Oliver I hear Californians as well. Delusional. I rather know it and live it.
Great point!
@@tonyagetsreal8905 Thats false. California apartments are mansions compared to the boxes they call rooms in New York.
But not 200 square feet
@@United2K Yeah, he clearly is just going on what he "heard"
I absolutely love this. They are so humble, not embarrassed to share mistakes they've made, financially intelligent, charitable(They give more to charity with their income than most people do), and so in love. A nice reminder that money does not have to control our lives if we don't let it.
How do people know charities are legit? I bet 99% of charities are just taking idiotic peoples money to make a profit.
Charities are great for tax write offs. Rich people use charities for that and also to network with other rich people at charity events.
This is probably my favorite video out of the entire millennial money series
But Grammmm
Yea I like these videos with the normal salaries
Right it’s more realistic
Out of everyone ... they seem like the type of people you want to be friends with, they know what really matters in life
Same here, watched them a few months ago on Tiny House Series and loved their lifestyle. They are a humble, beautiful couple who are sensible. Some millennial money ones seem to do it to show off their lifestyle. This one is genuine, relatable and was pleasant to watch.
They are in this thing together...I pray their marriage lasts a lifetime...YOU CAN CLEARLY SEE THEY GENUINELY LOVE AND ENJOY EACH OTHER 🤴🏾❤👸🏾👍🏾🙏🏾
It's all public image... what you don't see is their financial fights behind the scenes... biggest reason for divorce is money. They're a young couple. Give them time until they hate each other.
@@mustarsic wow who hurt u
mustarsic bruh u just ruined it
@Chiafade now literary said one thing wasn't meant to be taken seriously dude
mustarsic always someone with some hate 😂😂😂😂
Definitely excited for their future, their income will go up tremendously. $125,000 paid off in 24 months, is amazing. It’s good to see a black couple thriving 🙏🏽 definitely excited for their future no doubt
Trey Moore I agree I like everything about this couple. They’re a team and their teamwork pays off.
And taking abour finances. So important
Facts. I'm proud of them.
Black people have it way easier than whites. Just sayin.
Stu S stop it 🤦🏼♂️
You must have a partner that understands you. These 2 are made for each other.
Can you repeat that, those in the back don't hear you?
Solemate ^-^
Such an adorable couple! I love that they finally paid off all of their debt!
The lesson should be, dont ever get 125k of debt in the 1st place....their degrees dont even make $$$...smh
@@jimmyjay689 crazy part is, had they not obtained their degree they prbly wouldnt have the jobs they have..some people have to get a degree just to live an average life
I can only describe these two as - WINNERS! Great admiration for both of them.
These two were some of the most relatable people I've seen on this series so far!
Subscribe to their TH-cam channel. It is really funny.
Yes there were, also like their normal salary and they’re here in Dallas too 😃
Finally!
Next week: How a 19 year old social influencer/computer engineer/rocket scientist lives off her $950k a year salary.
@Taylor loool i keep hearing about this "Graham" i have to watch this episode
There’s nothing better then a understanding woman. Who genuinely has your back!! Being on the same page, building/hustling together. Much respect!!!
james moore absolutely amen 🙏
DFG435 N
, if women don’t want to be defined bye man, women should stop trying to defining men (“if he was a real man lol”). Regardless what level I’m on or who I choose. Your partner genuinely having your back is priceless. Either you building or your destroying.
But his absolutely a loving, hard working man. They’re a perfect match.
That’s the keeper!
Bruh 👌
Love seeing their joy interacting together despite the chaos taking place in the world. Thanks for sharing! And to them thanks for shining!
Once she gets her teaching cert. she'll make $56K+. Get your CERT!!!
I'm a Teacher in Dallas and make a little over $60K with 3 years of experience. My district was expecting to get a rise next year, upon board approval, but with COVID-19 we might not. It's a blessing to still have my check.
I'm in the wrong country. Dallas here I come!!!
Clifton Lewis you know soMe body told me about teaching in Dallas and they pay very good.. how do one get a teaching certificate though
im an engineer working in ottawa and am heavily considering moving to texas.
@@Elitepresshd There are many different alternative certification programs that'll help you earn your cert.; such as Texas Teachers, iTeach Texas, and Teachers of Tomorrow. I personally went through my school district, DISD, to earn my cert. Most of the programs charge around $4K and you can pay that upfront or out of your monthly paycheck during your first year.
@@asadb1990 It's a good place to live!
These two will be fine during this Crisis they have the right attitude . They made the two wises decisions in their life becoming a couple and buying a tiny home.
You two are doing it right! Outschool is hiring 5,000 teachers to start offering online classes. Also Lowe's and Walgreens are hiring about 30,000 people too!
@Meg shut up meg
Thanks man! Preciate the tips! We really enjoyed your episode and your grind. Keep killing it! 👌🏽
Ryuk although I agree with Meg this made me laugh 😂
@@the_bush_family I enjoyed your episode as well. Ignore the haters. They will come, but don't pay them any attention. Stay true to yourselves. You're doing awesome.
Risky. You need money but what if you actually get infected or pass it along to someone and they die? You can't win.
I started paying off my debt in 2018. By 2019 I paid off all my debt and saved over $50K for my emergency fund by 2020.
Omggg what kinda work you do
Good job! What's your income?
Hope much was ur debt & Whats ur income
@@angelaanaconda55 My income is 52K and I work as an administrative assistant at a hospital.
Stay Hustlin :p i owe about $180k should be able to pay it off in 3 yrs hard work. Most people end up in crappy situations because they feel the need to post a fancy life on social media it’s actually pretty crazy
I like them a lot, they represent the average person with everything they are going through
Mr.Awesomestar7 living like a schnook
Mr.Awesomestar7 I agree and love that about them.
I think they’re better thank the average person being debt free and all.
What are they going through?
Michelle they’re just taking a break from work and living bellow their means, but they’re okay cuz they have money saved up and weren’t living paycheck to paycheck.
They’re a good looking couple.
Yes, they look so good for each other. 🥰
@lev luv their facial features match those that live in Rwanda and parts of Kenya is what they were saying. Different parts of Africa have different types of facial features.
@B Zeal yes, they look rwandese
Their name is Ethiopian
Marissa Cady she is yes. He is a goofus
You need to have more real stories like this. This was a great story where a lot of people can relate to, them having debt and getting out. I learned a lot. Really disliked the stories of people living on like $200,000 a year or whatever. Like gee, must be SO hard to live on $200,000 a year
h feng same
Right like this is wayyyy more realistic.
I agree!
Cheyenne Michelle-Rena lmao yall love being average sheesh
@@ThePorshaEdmun 1. Who is y'all? 2. No one likes being average, but $56,000 a year is more common to a lot of people's current scenarios instead of 1 person making $200k a year . 3. You also watched the video AND commented so does that mean you love being average too? 🤔🤔
They are actually in a really good position. House and major debts paid off! They will be fine.
I like them. Hopefully they make it here on TH-cam!
Such an adorable couple. They seem so in love. I think because they are giving and not being selfish, they will be blessed.
She'll definitely get a high-paying job as a teacher soon. Rent will probably be forgiven for the next few weeks. They're an intelligent, hard-working couple, and I'm sure they'll come out of this strong.
Teachers arent high paid positions.
Are you absolutely sure rent will be forgiven in the next few weeks?
How do you know they will come out strong? Are you God or fortune teller? You do know the economy and virus does not discriminate.
Henry M depends on the state and area and type of school. I live in the Chicagoland areas and veteran teachers at private schools can make up to 180k, my mom is a 7th grade English teacher and has been teaching for 22 years with a bachelors and masters in English education. She makes 88k before her track and cross country coaching salary and we live in the suburbs in a lower middle class area. I’m 16 and I love finance videos and facts, but being a teacher can be a high paying position. Especially high school teaching. Most first year teachers at my high school make 45k (full time). The highest payed teacher at my school makes 130k and he has been there for 34 years. Again, I go to a below average, public high school in a not so wealthy area...
@@karlbunge1359 He meant "Most Teacher positions" Not all make a lot of money
She should still be able to tutor online. Lots of parents could use help with with homeschooling
Exactly she could make 40+ an hour tutoring online
Tiffany Sims what are some good websites??
She does that, she says it on their channel.
Brittnie Broach exactly also try studypoint
👍🏽
For their age, their story is the most relatable so far.
Strangely enough, it’s easier for me to relate to those that make around or less than the national average salary. This episode was interesting.
I love how they keep looking at each other when they talk. They are together a lot but still look to each other for comfort
The bestttttttt story you’ve ever shown !! Their attitudes are so genuine. I pray for God to pour into their lives!!! They’ll be millionaires someday with this humility ❤️❤️ more stories like this
The lady could look into teaching English online, it'll take her a week to do a tesol cert. She can earn about 20$ an hr, possibly even her husband. It's a pretty okay side income.
Huh interesting 🤔
What sites do you reccomend Jhoana?
There's a few I work for Dada, palfish, and itutor. In my option they are the most consistent. Just know they are Chinese companies so don't expect much in terms of support 😅.
@@jhoanacasillas6390 my sister in law is a English tutor online for chinese students (the same thing you do)... but the thing is Chinese employers can be very discriminating towards minorities. They want someone who can fit the "American image" to teach english.
@@jhoanacasillas6390 my sis in law is white and she got a job right away and they pay her about 40k a year even though she is just part time... I know someone else who is Latina (like me) who actually moved to china to teach English and she gets about 45-50k a year for being full time. I smell discrimination ☹
Now this is more relatable than people making 250k a year as a part-time gamer.
Loving their buckle down attitude and how they’re both like “well let’s just go and grab some jobs”. Keep it up, you’re doing great!
Do not pull out your retirement money that would be such a bad move
I lost 25% so far....definitely concerned
These are good, hardworking people. We're all rooting for you two!
I'm so early that I don't see the comments from hateful jealous people criticizing them , mocking them and boasting on how they could have done better.
Shreya Patoa too bad when people do that. They got out of debt, have an emergency fund, live in a tiny home and have side hustles. They are doing just fine!!!
@@constancelequesne601 it's just I've read so many comments on these series where people in comments act as know it all's and experts. I hope everyone comes to peace with themselves.🙂
Your comment will embarrass a bunch of internet trolls
She's so beautiful & they look so happy!
That could be us, but you play too much
Graham would like these guys
How's Graham gonna react when the "thing he can't say" is right in the title?
They seem like a loving couple with all that's going on right now, beautiful to see
TH-cam financial experts were mostly against Dave Ramsey due to his passive approach to wealth. At a time of crisis I'm glad I mimicked certain baby steps in his philosophy of personal finance.
abcdLeeXY me too I did steps 1, still on 2 , and completed 3 and working on 4.
Sharon Phillips you’re doing the baby steps wrong then. There’s nothing wrong with having padding during a time like this but DR teaches that it has to be done in order with flexibility in times. His TH-cam channel has had this question from someone a couple days ago.
abcdLeeXY Me too! Don’t get into payments🏦💳
See, with the pandemic, I am stopping baby step 2 and saving and when it's over I am going to throw a lumpsum at debt.
Ramsey was right.
I'm 70 now and just want to say that living a bit when you're young is a good thing to do if you are essentially level-headed and responsible in the longer run. When you are old to have memories. To be old without memories is a sad affair. I love these kids. They are awesome.
Amazon is hiring immediately here in Dallas. My friend applied and started working in under a week. She was also a tutor, so now she’s not working. It’s warehouse work, but she said it’s easy.
I’m confident they’ll make it through this difficult time because they are in love and working as a team.
I can't wait to see where you all are in a few years. You both are so humble.
Extremely heartwarming! The two of you will come out much stronger from this whole ordeal.
They are a very beautiful couple ❤️
I just lost my job yesterday, now I've got to figure our how I'm going to pay my rent and food.
Do one on the tens of millions of people who live off under $30,000. There are more people making under 50 than over.
Even on their unemployed proposed budget.. there’s a portion that they’re “giving.” Mad respect.
I love their tiny house🏡 it's a great way of owning something without getting into a big mortgage.
Love tiny houses. Cant live in one with another person though!
They’re such a happy couple. Paying off all that debt was the best thing they’ll ever do.
"Pizza delivery was the most lucrative for me". Hmm I wonder if they had advice from dave ramsey directly.
Vanessa Bayardo I was thinking the same thing! Dave would love this video lol
Fellow Dallas resident here. You guys are rockstars! Stay after it and keep your heads up, we’ll get through this.
Such a cute couple, I love their youtube channel!
@Lydia Green Thanks girl! This is their channel: th-cam.com/channels/XP69pn8qngsiF-g8MznOvw.html
You're so sweet! Thanks for the love! Looking to "Come Up" on TH-cam like you sis! 👏🏾💪🏽❤
$500 for “giving” in an emergency budget? Seriously?? Being unemployed is not the time to be giving to charity. Also, who is telling them to cash out their retirement? That’s insane.
I have a feeling its christian tithes
^ yah! They give a $300 tithe to their church and $200 to Kothney-Issa’s sister, who is a missionary.
@@mariahakinbi It is kind and generous of them to give irrespective of what people think.
@@hayaglamazonluxe agreed!
Their giving is commendable and I’m sure if you ask them they are being rewarded/receiving way beyond what we can see in this 8 min video. I hope they keep investing in their retirement. Cashing out now would be a huge mistake.
Great couple! We need more people like this. It`s so refreshing in this world of materialism and flex culture to see people that can actually think for themselves and have their priorities figured out.
Nothing but a tremendous amount of respect for their hard hustle and also being monetized on youtube!
I just discovered them about a month ago and now they’re featured on my favorite segment! Wishing them the best through this trying time.
good for them this is a great example of living within your means
ive seen so many people complain about having so much student loan debt and credit card debt and yet this couple only made a combined income of 56k and were able to pay off 125k and are able to live comfortably
I bet a lot of people who once called homeless people lazy and assume they are on drugs are now changing their tune.
Certainly. Everyone is one check away from homelessness...
This is probably the best episode I’ve seen so far. This couple remains so positive and hardworking through it all. I’m so inspired!
They have a positive attitude and good energy. They're going to make it.
I’m from Dallas! Once she gets her teaching certification they’re set.
No worries! Y’all are doing fine! Bc you are saving money and working together. I’m proud of y’all good luck.
I have two jobs as well. Overtime, both over night.
Also, tell homey that he would be good to work as an investigator. Costco where I am needs security and is taking applications.
Really made me feel good to see this.
I love their relationship! So cute. I hope all is well with them in the future.
Definitely going to support this channel!! I love it!!
Keep your heads up, you’ve set yourselves up really well!!
I LOVED this!! This is the type of videos that I want to see, regular people with debts and less than 60k income that make great choices and are living comfortably! The ones who make over 100k are just not really a story about "making it"!! With that much money you're living very comfortably, I want to see people who I can relate to and learn from.
Ironically enough I just subscribed to their TH-cam channel earlier today. It’s great seeing them being a part of CNBCs series.
Glad they shared their story, pretty awesome and hoping for increase for them both 🙏🏾
Wishing everyone well through these tough times. I hope we all make it through this storm.
. . . thoroughly enjoyed how unique this episode was and how the couple is continuing to keep a positive outlook on life. Keep 'em coming!
It’s great when couples are on the same page financially. Not many wives would be cool with living in a shabby toolbox shed
Awww, I love this couple so much. God bless their hearts!
Wishing these two the best and all that have been affected by this pandemic.
Awesome video! Thank you both for your transparency. I definitely look forward to checking out your TH-cam channel.
What I try to do is avoid the temptation to sign in and look at my 401k/retirement accounts. It's important to keep in mind people in their 20s, 30s and even 40s have a long window until retirement.
I love this couple! They're doing it right. Paying off debt immediately, building an emergency fund, and living on less than they make. AND even with the lower income from their loss of jobs, they're still continuing their monthly giving at the same amount as before. Wow! Great people!
This was my favorite segment of the Series... real ppl doing real things
Mark my words, these 2 will make six figures on the next month's once we're back in motion. Very admirable and humble people. Hats off
Tiny homes are basically modified Rvs
I’m really proud of them. Teamwork!
It’s a blessing that you are sharing this making it hopeful for others. Love all that you are doing together.
I love these two... I actually saw them on the living in the tiny house video, they’re great people and you can tell they really love each other. People who make more than they do don’t even come close to how happy they are.
Money really depends on where you live. I lived in Calgary and Regina in Canada and with a 6 figure income it’s not the same as in Toronto per say. You have so much more left to save and invest and travel.
Finally, a more relatable income!
I admire this hard working side hustling couple. Good luck in the future. You won a subscriber
Omg please post more couples like them!!! I love how real they are and their journey from debt to debt free. Real Americans with real struggles ❤️
Two people with college degrees make less than I make by myself as an electrician, and it’s an “essential” job
Ashley Davis I tell people all the time to look into trades! My neighbor is in welding and still making bank during this crisis. People really need to stop downplaying them.
I love people getting educated...but they doing it wrong...or did it wrong...lol
I think any profession is as important. And if you get in a union you're all set
Bingo. My ex is a union truck driver and his base salary is about 80k for 8 hr shifts. With overtime, especially working Sundays...he makes up to 100k a year. He went to a 12 week trucking school program on the East coast. Only has a GED.
@@cocoarose9990 he's sooo lucky. My friends husbands are truck drivers in texas but they have to drive faaaar so they have to be away from home a lot😔
Subbed to your chanel Bushes you are winning at this thing called life even in these uncertain times.
Whats their channel?
Found it
This is what I love to see. Real people striving for greatness and their love genuinely shows. You don't have to make six figures for your life to begin. Start where you are now and build.
I watched their tiny house tour a while ago, it's nice to see them here too
Wait, why are they giving $500 to charity every month? Props to them for donating, but this seems overly much for the situation there facing right now.
It’s stupid because they need the help and most people wouldn’t give them a dime to help them.
@@cloo2937 No it isn't bro. Good fnanicial knowledge is to save up in times of recession. This type of spending though humble, is completely idiotic. The universe doesn't care about you and you won't get this money magically back. This is how poor people stay poor because they don't have basic financial knowledge.
i agree. many of the support in canada is only for the unemployed or people who are laid off. so real help for people working.
Its probably tithese
@@XclusiveChiq
Bingo. I think this makes most sense.
i worked loss prevention and i left during the training. its a very draining job looking for small thieves in stores. i moved instead to uniform security after hours. i get paid to show up. beyond that i just sit their and chill. granted its not my main job. its a side hustle. i also have a full time 9-5 corporate job. im forced to work from home due to the pandemic and im blessed to be working.
They look so nice together and seems so sweet. It's people you wanna be friends with
I love that they're very hard-working, positive, and forward-looking!!! Props to them!! And best of luck
Subscribed to this couple on their TH-cam channel. Surprised to see them on here!
Krystal Miller What’s their channel?
That Girl it in the description
What a great example of a young couple doing all the right things. Kudos on your hardworking and fiscally responsible attitudes. Refreshing
Loved this episode and their optimism and courage. I hope for the best for these two during this pandemic
I wish that absolute best for both of them.