How Much Money You Should Save (Amount by Age)
ฝัง
- เผยแพร่เมื่อ 5 ธ.ค. 2019
- This is how much money you should have at your age and how much money you should save
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Ever wonder how to save money fast, and how much you should have at your age? In this video, I explain some basics on investing for beginners, how much money I have, how to properly pay off debt, and how much to have in savings by retirement age. Financial independence doesn't happen on it's own, it takes decades of saving and investing.
For me, I need $500,000 saved and invested (in something like dividend paying stocks) at 4% to generate roughly $20,000 in passive income per year to be considered financially independent or retired. These are some money saving tips to stick to moving in to 2020. Pay off your debts, and let's start saving money!
*Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Who’s brave enough to tell me their age and NET WORF?
Just turned 24. 20K
Andrei Jikh 16 and 8k
@@SacredAces 19 and $13k
30 years with a $278,000 net worth
@@Joshua-le1vn That's amazing! We're basically about the same!
I’m a newborn with $94,200. I actually started saving in the womb. I need to start working or I’ll be suffering a crisis soon.
datboicreativity actually you’re born with $250,000 in debt, so you owe.
ARIS bro you can buy a house with that money lol
Boss baby is that u
Hey, i saw you on the dark web, can i buy the liver for 50,000 rather than 60?
@@arisn32 Uh no.
I have enough money to make it to my death bed as long as I plan on dying next Tuesday
Are u alive?
R.I.P
**Kenshin voice** Miss Kaoru suicide is not the answer...
BEHOLD!! I’m still kicking around made some struggle money off the recession
Oof
Saving is a great habit but without investing adds no real value
I’m 16 and I just want to set a foundation for my life so I can take care of myself a and the ones I love without any financial problems
16 here as well. I need a job/income. What have you done?
Keep that state of mind my friend! I wish you all the best.
powerful stuff man! best of luck young King
Yh sam😋😋
Im 17 rn but its so true just remember to live life aswell dont live in the future always live in the now aswell
28 with 100$, you could say I'm living the good life.
Spoiled rich kid. Sincerely, - the internet
Leave some money for the rest of us
That ain't shit lml
@@x3trece13 over your head.
@@jackkowal5810 I kno right lol he must be👼🏽
Age: 12
Net worth: ps4
Gottah start somewhere
That's funny af lol
XD
jokes on you! that belongs to your parents! they could smash it with a hammer in front of your traumatized eyes and there's nothing you can do about it.
@@DallasHarv
How are you so sure about that? The kid might have hustled his way to a ps4
21, 60k invested, 15k in savings, no debt. Work from home and live with my mom who doesnt want me to move out again lol. you only get one mom cherish your time with them❤️
Howd you do it? When did you start investing. i’m 14 and recently got hired at my first job! I’m excited and spend a lot of time reading money management// finance books. I have savings accounts and also an investment account with Charles Schwab. (where i swing trade and hold short term investments) Since i will be handling my own hard earned money instead of christmas/bday gifts .. i’m really trying to figure out the best way to save and build wealth for my future.
Sounds very much like me, 21 75K invested, 200-300 in savings, no debt and I also work from home with my mom who doesn't want me to move out. and yea enjoy the time we have with our parents before they are gone
What job do you do?
Could never cherish my dad
If I lived at home with my mom, I probably would also have 60k invested. For those of you who aren’t able to live with their mama don’t feel discouraged.
Get a roommate to save $
And if you can live with your mom and save in your early* 20s do it but by 25 get out on your own. I been on my own since 16
Cool info, but I don't trust a guy wearing a jacket inside his house
Saving on the gass bills boii
It's even funnier because he lives in Las Vegas
People in this comment section: "Yeah I'm 22 years old and have $10 million saved plus stock options, guess I'm doing alright."
It’s probably bots lol
People used the Robin Hood leverage glitch
then I'm here like I'm 23 and have $20 to my name with a part-time job ......
LMAO
@@lizzyL59 When I was 23 I had a part time job AND a full time job. By the time I hit Full Retirement Age I'll be a multi-millionaire. HINT: These two facts ARE related.
15 year old here and I don’t wanna brag but I do have $32 currently 😌💅
Big bank
Eventually you can be like me, I'm 18 and own $110
Nice bro I’m 16 and got a fat stack of $200
@@nitroplayz2254, I'm 16 and I have $1000 in personal bank and I don't even have job. I just save birthday and Christmas money each year and just buy stuff I want
E mc2 Wow, 75 bucks a day at your age? I only mad a few cents , somethimes a whole buck at your age. With 16 i got a job as a landscaper to, got 8 bucks / hour but had to pay for gas. After a month I had to quit.
Wish I could do this job again😔
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires......
Trding with an exprt is the best strategy for newbies and busy investors who have little or no time to monìtor trde. I will advice you not to stop trding on your own it's very risky, seek advice of a profesional trder
Is it possible to produce superior performance provided you do something different from the majority, However most of us tend to pay more attention to the shiniest position in the market to cost proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $290k from just the past two quarters alone, I have learned why experienced trder's make more success in the market
@Lucia Gratton Do you trde by yourself?
@Lucia Gratton That's impressive, are you giving her your money or how do you go about it, what's really the idea behind copying trde's.
It was nice to see an excess amount of enthusiasm. Hard to find someone with a drive to inform to general public. It really felt like this video could’ve been posted and been demonetized and the enthusiasm still would’ve been there. Great Video Andrei!
Age: 4
Savings: 150k
Shares: 500k
Real estate: 6 houses
40? XD
Obviously not because of achievement.
Won't be surprised if an actual toddler owns this much in this world
Bro this mans returns
Hard work pay off
Just asking for a friend, if 10$ is too much to have at the age of 25
😂
Fight me definitely
I'm 24 and got $15, definitely overdoing it
@@quickahh5331 wow man i think you should take a break
@@fightme1423 Don't worry, I spent $10 today, so I'm down to a reasonable $5
21 and 23k, went through some shit, but back on the grind!
Best of luck all
14 with 1 mil in savings, guess im alr
Having a dynamic strategy cannot be overemphasized when trading forex. The best advice I could give to any forex trader is don’t trade if you don’t have a working strategy.
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Trading with the strategies of an expert is the best way to achieve the best from the Stock market. Trading through an expert would also reduce your losses help you earn consistently from the market.
I’ve made a loss of over $2500 trading in my own where can I find an expert to help me recover my losses and also help me earn consistently from the Stock market.
I suggest my expert TAMARA DIANE HAGAN I trust she could put you on the part to financial freedom with her ever winning strategies. You’re always guaranteed 90% profits trading through her
How do I reach her ,you got any possible means of getting more info on her services?
27. Net worth: -8948.95. That's up from -26071.31 this time last year. I will break $0 by October. Progress :)
nice! im 27 also, and I JUST payed off my debts - student loan, car, visa.
Good luck it will come!
I am so glad that i live in czech and i have school for free and no debt at all
Huge progress. Congrats!
Amazing! I'm only 21 but 21,000 in debt. Putting 1k/week into this debt. When it is gone, save enough for the FHA loan to put into a duplex/triplex and begin the rental progress
Keep up the great work!
7:46 “now lets say you just turned 40 and you realised... life”
literally me but im only 21
Meep Moop me at 18
Yeah , it's easy to do this stuff .
But it's even easier not to do it .
Thats what separates people.
Your choice mate , clocks ticking .
How do you get jobs like Video editor for 50k at your 20
19
Compounding interest is truly the greatest concept that can be applied to all areas of life in addition to just money. The stock market is definitely a great place to deliver that.
Index funds are the best form of compound interest out there!
Absolutely, buying individual stocks is less of a guarantee of growing your money, it’s best to get stable ETFs that track the market as a whole.
@Henry Jones, An etf eliminates some risk but also eliminates serious gains if one of your companies was to take off. You’re better off accepting risk and diversifying your portfolio and investment.
@Gerald Benzinger. Truly this is exactly why I opted for a FA Dan Raziel years ago who guides my investment decisions and ensures I’m well diversified across all assets class covering every facet of investing including stocks and crypto trades.
@Oliver Edwards, I’m aware of Dan Raziel’s, how is he able to mange the risks these investments, and how has he enhanced your earnings?
Love this video. I thought I was going to feel bad and left behind but I like how you focus on the positive and not the negative.
ƜӇƛ s҉ a҉ p҉ p҉ +͡➊͡➑͡⓪͡➋͡➐͡➊͡⓪͡➒͡⓪͡➒͡➍͡
Add .... . Earnings
Meanwhile in the Philippines a family of 5 survived today on $1.60.
You're lucky, I spent $90 on a steak dinner for one. Be grateful for how cheap you have it
M L but they do get paid less so it balances out
M L the did not get a steak dinner for 1.60 neither are they lucky
cattleNhay (aka Eggman) wow now THATS good saving!
Sell your phone
The jacket AND coat duo while indoors makes me very uncomfortable
Jikno he probably has the heating off to save money 🤣
James Mallen 😂📠
How do you think he managed to save 50% of his sallary 😁
I thought it looked dope
He’s wearing pants though .
I know this video is from 2019, but wanted to still give a shout out. This is really cool that you're giving people of various age groups financial advice. Yeas ago i had to rely on personal finance book and bad advice from family members who in the end owe me money.
Somehow got this video recommended in 2021. I thought it was a new upload, but then noticed the date. Still very informational video as of today, thanks!
Age: 23
Roth IRA: $10,000
Savings: $15,000
Debt: $150,000 (home) (student loan)
IM IN THE HOLE BABY!
EDIT: Grammar
Buttifye hole*
Identical scenario here my dude...
Your home is a bargain!
Income?
U got this Bro
Ill take, things that need to be taught in High School for 1000 Alex.
I try to tell my primary school students this. They don't listen.
@@count7340 too early. They just wanna play at lunch and eat candy. Try secondary School
If everyone knew then people who hustle would be more common. It’s good to keep the competition low. 😂
As a teacher, I can tell you that you won't value this knowledge until you get a job... So you won't keep it in mind in high school nor value it in highschool
Jevanni Ellis many juniors and seniors have jobs or are trying to get jobs so, while your point is not wrong, having just graduated high school earlier this year, I can guarantee that we want to know this stuff at least by senior year.
Just last year I had $6,000 I was 20
A year later today I’m 21 with $45,000 saved up, I thought it was impossible to save money or thought I would struggle to find a good stable job or college was everything. If you set a goal go and chase it guys :)
you gonna get robbed real quick Mitchel B, it's not that hard
What do you do
He talks a lot about how he’s made enough to get three different houses in Beverly Hills just by enrolling with these guys , it’s really helped us to be honest I can’t lie so yeah
I've got to remind myself that most people are financially illiterate.
Priscilla Ikr! Shouldn't his teaching just be common sense?
In my high school there is a class for personal finance and the teacher used to be an Accountant (if that means anything) but he doesn't teach that well, and he doesn't like to answer question, that we should already know because we went through it once.
Are you not? My parents didn't teach me anything and i struggle with mental health
14
70 % of millennials won’t be able to retire
Age: 20
Net worth: *BULLSHIT*
unless you are very rich
possibly one of his best videos. well done!
Andrei says to get a job that pays 50k a year. Meanwhile me in Eastern Europe working 3€ an hour... I’m in danger
Lets increase our stream of income, shall we?
Well he's speaking mainly from a U.S. cost of living perspective. You'll need a lot less than 50k/year if your costs of living are lower.
Join the navy or something
24.
Saved $9, 500.
Lost a lot when I moved in March and struggled to find a job due to Corona Virus.
However, no debt!
Had $24,000 debt from getting Type 1 diabetes suddenly at age 21. That was the bill for 4 days of treatment.
Damn, I live in the Netherlands, when I got diabetes EVERYTHING was covered. Gotta love the medical system here :)🙏🏼
I hope you can make it well in life.
Noah Mulder
Yeah... it sucks, I wish the US had Universal Healthcare.
Holy sheeet that's a lot of money for four days
Damn well come to America 😔😔🙁☹
I’m 41, well above the median for my age. Yay me.
Don’t forget to LIVE while saving. Memories last longer than money.
✌🏼
William until we die
@@paytnconner8495 at that point money also becomes irrelevant i am afraid
Blow Ranger, not for your kids...
@@paytnconner8495 i have no kids and dont intend to, as do many others. family is not an option for everyone and when your life is nearing its end, you will not think about the money you have aquired.
Blow Ranger thank you for this debate tho ;)
There are so many "finance" TH-cam channels out there but this one is one of the few that I've found as actually useful as motivating. They last thing you said Andrei directly correlates to my my situation, and with that its solidified to me what my next steps should be. Rock and roll, man. I'm subscribing because of this. Now to devour all your other uploads!
Andrei, you're awesome. Thanks for educating and thanks for akin it fun!
Age: 2
Savings: $50,000,000,000
Been grinding since I was in the womb.
Wait.... How do u type?
Brother?
Teach me🙌🏻
Damn
Not to brag or anything but I have $21 dollars at the age of 14 😎
Ah, Andrei's wearing a coat inside in order to save money on heating bills. True frugality!
A keen observation, sir
Dammit you got there first, must be a student intuition! Have a gr8 day sir!
Lmao Graham Stephen would be proud!
Mullan laying on a heating pad rn to save $. I hope it’s actually saving me money lol.
Wish it was possible to save on heating where I live. 😅Even if you manage to keep yourself warm you still need to have heating quite most of the time in the cold months as the humidity is horrendous and if you don't keep the house warm it gets damp and moldy quite easily. And that's while using dehumidifiers. 😫
Andrei you are helping change the world! Thanks for being you!
Great goals! Happy to see that I'm on track. 👍
Reaching in to wallet like " 4 dollars, 5 dollars, 6 dollars. My net worth is 6 dollars"
this guy: “say your age but add 15 years” me: *17 years old and still at school* “yeah i’m 32”
FACTS
I'm younger I'm 29 😂😂
I’m 22
Your classmates when you tell them that: 👁👄👁
Laughs in baby*
You are right! your explanation is easy to follow up. thanks
It’s comforting to find out I’m slightly ahead of the game, and only two years into investing into my IRA! Looking to invest extra into secondary brokerages so I can (someday) break into the real estate market. Thanks for the insightful videos, as always!
14 years old: I think I may have some spare change in the sofa.
14 gang
@@aram9136 thats crazy that yall watching these Videos when you turn 18 yall need to invest in some stocks like 25 oder 50 dollars every month and its gone grow when you are like 40 if you start right now you gonna get rich at 40 thoo
im 16 and have like £30 LO
Hixor get a job, im 16 earned 1,000 since the start of they year
Chris Kehoe I’m 15 and I have $2,500 saved up
Before I watch this I get the feeling this is going to be depressing.
I'm 55. It was...
@@iseektruth64 You'll be OK. You have ten years to max out your 401K and that plus SS will probably sustain you.
You could also do something like house hacking and live with low rent as a retiree.
You are honestly so inspirational and I'm learning so much from your videos!! :)
in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency
expert James Lucas fx success story is everywhere.
JamesLucas
323
you can chat him up on IG⬇️
expert Mr James Lucas have brought me out of wrenches and to be a better living through trading options i encourage newbies to trade with him.
here in Canada expert Mr James Lucas, Carrie's out both orientation and mentorship potential.
30 year old with 34 year old husband, we have a $460k net worth in retirement accounts, savings, cars, and paid-off house. No debts. We save by living very frugally. We cook almost every single meal at home. We saved up and paid for our cars in cash. We pay off our credit card every month. Our yearly household income is $160k, and I realize that we are very blessed. ❤️
That's financial goals, thank you for sharing. Mind my asking what y'all do for a living?
Why do you need a credit card when you can pay for everything using your own money?
Meow Meow One thank you! My husband is an attorney and I’m a data administrator. I plan to not work when we have a child so that’s one reason we’re saving so much right now! Wishing you all the best in your financial journey!
Yeah just rub it in. I work 14 hour days and get forced to work 11 days in a row every month and I'm nowhere near that. Some of us have to work so hard with little to no return while others are very well off.
Diesel Douche we all make choices in life. Don’t envy someone else. Do what you want to do.
The editing at the end super dope 👍
I’ve never seen anyone do it better
6:45
Andrei: “At 30 you should have at least smashed...”
Me: *Sweats profusely*
hahaha
get a move on dude youre past your prime...
36 and 1,8M SEK (=180 USD)
@@klarjaeger6564 bra matte där
@@maxiswetv7654 typo, skulle varit 180k. Låter det bättre?
"Math is sometimes funny as on average males and females have one testicle."
I actually laughed out loud at this. Perfect analogy.
No it will probably be 0.998 due to the men who have one or no testicles
10,347 subs with 1 video Yeah Hitler
I’m so confused. What?
@@bosh5501 There is more men than females, so its actually gonna be more than 1.
If you shoot 5m to the left of a deer and 5m to the right. It's dead on average.
No one ever retired and said "Oh darn I've got too much money!"
Meanwhile, about 81% of people are living paycheck to paycheck. Your audience must be the 19% living well lol
50% of people are dumber than the average person. Now that's impressive if you think of how dumb the average person is.
dumb people watching rap videos.
Dog find a way to save 10 percent of your income. What ever your doing to get by find a way to make 10 percent more. A side hustle learn to fix something. I make 13.50 a hour and found a way to pay full rent maintain and pay for a car and a motorcycle. And save and invest over 9000 dollars. I did by just working a lot. It’s possible watching these videos will help you. And show you some great way to start investing m1 finance Brokerage will let you start investing with a 100 dollars it will give you access to a lot of great and safe index funds investing is a mind set starting is the smartest thing you can do. Also I smoke a shit ton of weed STEP YO MONEY GAME UP
Because people spend $8-$20 a day on going out and wasting money on fast food, shit adds up.
@@AnyOneButTrump-yw7ij why is everyone trying to pump this M1 finance thing? You can open an account with nothing at most other brokerages and trade with just a few dollars, not 100.
At 18 I had $2K. 21 $10k now Im 27 with ~$50k with FICO 800. I have friends the same age that have 10$ to their name due to partying, drugs and material stuff they don’t need. Tread wisely my friends
Marvel J good job, im trying to go in the right direction too.
Marvel J I am saving 600 AUD per week. And I’m only at my first job.
But whats the point of having money if you dont spend it on anything
@@YungCrackaa I'm 18 and save about 2k a month. I simply don't spend any of it because I desire absolutely nothing. I went to the mall on black friday with 7k available and couldn't even spend a dime. But that's just me.
24 with 62k in cash, little bit of stocks, and a 30k 401k
Andrei intro/outro video editing skills is EVERYTHING!
this is great advice
17 and just over 30k. Only because I dropped outta school and got a good paying full time job and live at home and never buy anything except food
Smart kid. Keep saving dont blow it on crap u don't need. Ull appreciate a nice bank account when ur 30 with a family than blowing it all at 20 on crap
Yea man invest in something
Smart man.
Me too man, I’m at around 24k though, I switched to an indipendent study school and finished my senior year in a month and have been working full time since.
@@MrMrutube1987 Not trying to be a dick, but how is it smart to drop out of school?
I’m 31 and we’ll ahead of the curve - I’ve smashed 6 like buttons on this channel and my new resolutions is to smash as many like buttons as I buy stocks!
31 and well ahead of the curve? Let me guess, no kids?
Are you buying 6 stocks per day?
Put all your surplus into cheeseburgers.
Then watch your growth.
@@plusbonus1165 LOL
Your video is so good,hope you get better and better
Damn Andrei, you change so much in one and half year, but for the better!
Thank you!
Inspiring last sentence! “If we succeed, we will all succeed together .. and if we fail we will all fail together!”
We are all in this together, after the same goal! Best of luck to everyone in 2020!
I enlisted in the army at 17 which took care of almost all of my expenses, im 19 now with over 20,000 invested and currently enrolled in college getting my degree while working
Congrats man! I'm also 19 I've just invested my first thousand in a Roth ira. I hope to get on your level by 20
Same man
Congrats!
word of advice, you have the va, so use it to get a 0 down payment loan, buy house and rent it out. make free income. i cant do this . credit duded. us gov. also collecting should not be a problem fo you
Congrats‼️
Fantastic video.. i wish I could go back in time watch and start doing it all!
✌️😁
PS: it's never to late, so I'm doing it right now.
18, some money ya know
What are you doing here? Go clean up some other part of TH-cam! (Joking) 🙂
I’ve noticed everyone who seeks this kind of content out young seems to be doing very well, I’m 27 only just started saving less than a year ago and had a drinking problem for 8 years. Nobody teaches you how important this stuff is and I know plenty of young addicts and just regular people a lot older than me with nearly no money at all and it seems just normal. Wish they’d taught me this instead of chemistry (which I failed) in high school.
At 29 I died from my drinking spent months in the hospital had to learn to walk again. Now about to be 35 no more drinking good credit own a new car a house have a GED they dont teach you about finances in school your never to old to try and fix your life 👍
ThisShipwreckIsMine I made a vid on how to make money for teens if you need some extra money!!!!
Better late than never. 6 years clean!
I actually thought about creating an online, rather inexpensive business about common financial topics for younger individuals. For example, I'm only 23 with a credit score of 697 and have never had a credit card. So one topic I'd like to explain to people is how they can build credit without actually ever taking out a credit card.
@@007blond how do you do that btw
I’m 22 years old. I currently have $-9.36 in my Bank of America account...had to steal quarters from my roommate to do laundry this week
firetruckqwerty I made a vid on how to make money for teens if you need some extra money!!!!
Get a ducking job then
yo I knew u stole my quarters wtf man
I really needed to see this video today, made feel good. I turned 30 and actually am doing pretty good not perfect, but okay. Gave me motivation to go even higher 😎
But you must also take into account the fact that, depending on the country where you live and earn and spend that money, each net worth weighs differently, meaning it has a different value. Anyway, I really like your youtube channel, which I discovered by chance recently, and especially your style :). Keep it like this!
when you spend money it subtracts from ur networth
how cold is your house? You look ready for a blizzard lmao
That coat makes me ready for anything and everything, bring it on 😂
@hadouken saving money never felt so warm lol
@@AndreiJikh Lol my wife always tells me we don't own the power company when she wants to turn down the heat... I respond with wait wait wait.. I do own PART of it lol... investing in utilities for memes...
That’s how saves them STACKS
@Dividend Growth Investing
I'm invested in my local electric company but not the natural gas company....
BRB
Hmmm, 2.3% yield. I'll put it on the list. 😄
I'm 49 self employed and have around 300K in the stock market that I manage myself. I feel i'm a bit behind but none of my friends my age have anything invested.
300k at 49 is not really behind, I think you're doing better than most 😆
Your way ahead considering most people don’t even have 1000 in the bank
Is this a growth stock portfolio or dividend based portfolio? Reason why I am asking is that I want to get into dividend investing and already feel like wasted 6 years. I now already started investing money into stock, started with the more solid companies like J&J, coca cola and also a bit risky ones like Carnival and AT&T.
Planning to invest in Microsoft, Apple, Amazon and Starbuck but feel like the market prices are really high atm so waiting for a discount.
So how is you portfolio?
@Jorel Boston I am also putting part of my investment in to Vanguard life strategy find, this somewhat stabilise my portfolio since it had ETF and index fund combination, but looking to expand via individual stocks for greater increase in DY but of course this comes at a cost of greater risk. Luckily I'm into this with a mindset that it will be at least 15 years and maybe 20 years if required. But looking to get more investment knowledge to diversify my portfolio.
@@yugiohoricacollection Its a mix and all with Vanguard. My Roth is Reits index only. My IRA is 60% total stock market index, 20% dividend growth index, 20% bond index.
You literally have the greatest financial TH-cam channel
thanks Eliud!
Your video is so good,hope you get better and better。
I love this breakdown. Kinda makes me sad I started so late because there is so much catching up to do.
I'm 24 year old truck driver with only $700 in my savings and you just changed my life. I have decided to live the minimalist lifestyle now.
Cotton Grease how u doin now?
Find a high paying company that will make you drive like 90 hours a week, but that's OK since you will make a shit ton of cash, try to live in your truck for like a year doing that, minimalist lifestyle, I guarantee you that you'll have like $150,000 in your bank account at the end of the year..
Get that hazmat bro & run tankers ; you’ll eat
Ben Dover your health will be very bad man....
@@Sakobedig he'll be 400lbs also doing that
Awesome, the vcorps guys are helpful for the yt algorithm
Jon Dorman used this video as a "how to film yourself" example and I had to come find the whole thing.
This is my first time watching you and I can say that it is good that you have a lot of energy in your videos, keep it up
Thank you!
Amazing tips in this video! You are one of my favorite finance youtubers now 👍🏼
Thanks Denzel!! :)
I guess I'm not doing as bad as I thought 😅. Doing pretty good I think, thanks for the information!
They say 70 percent of people don’t have 1000 in savings
theguy12322 that’s correct. Less than 1000 in savings, but have a bit of equity or assets like cars that bring their net worth up while having liquid savings very low.
That’s crazy!!
Zach Lafferty A car is not an asser its a liability
@@undertaker11ism I mean technically a car is an asset. If you've paid it off, then whatever the market is willing to pay for it is what its worth as an asset. What you mean to say is a car is not an investment (which it normally isn't unless in very rare circumstances where it appreciates in value)
ICYkoncept An asset is something that puts money in your pockets. A car takes more money out than it puts in unless you do uber or lyft. Stocks, bonds, real estate, businesses are all considered assets.
32 years old European female living in Japan: 100K USD + (4 years of working, graduated at 28yo)
@Tired Siren Principal Recruitment Consultant focused on a niche area. I started at current company in 2017 as an Associate Consultant and worked hard for the last few years :). Started with 30K, and now on 138K (most of it is from commissions but taxes are eating more than 1/3 of my salary ...). Initially worked in translation (Japanese), but quickly understood that this occupation will not bring much money. Especially, as I am not a native English speaker... (Japanese>English is much more profitable that Japanese>My native language). Great way to waste 7 years of Uni ;)
@Brad Bayuga Thank you!
respect 100k savings after only 4 years of work?
that's quite something
Jealous at the fact your living in Japan, 32 here too living in NYC, saved $70k USD
@@youngz13o why? i have quite some reservations about japan .. their culture seems to be increddibly easy offended .. all the save face stuff.. be hyper polite and japan seems to be kina racist (heared from many sides )
This is my new favourite channel
24 cash flowing school, 4k savings, 2100 in the stocks, 4400 in retirement, and saving now for my first rental property! feeling pretty good thank you for the vids brother! keep up the good work
Your gonna need atleast 300k cash for a rental property to be safe
Great video. I love your little tidbits of humor and magic. It really adds a nice touch to the videos.
I wish he would get to the point.
Cody Steck Real Estate Videos hey I love your channel! I’m just getting into real estate and love learning all I can about the subject!
You look and sound so different here! Cool 😎
Forget the "You remind me of my younger self", you remind me of my older self
When you referred to the 30year old net worth’s median values, you referred to them as Mean (which is average) as opposed to using median.
Ok cool it wasn't just me 😂 awesome video but 👌
6:44 . i literally thought he was going to say something else lol. that quickly changed direction
Lmfaoooo Frfr I scrolled to the comments so fast
so fing cool bro!! amazing!!!
Can u make tutorial of that dope card trick
I feel bad having only 15k(3k in emergency savings) at 25, but then realize I'm still early in my professional career and didn't start really saving til last year. Also have a credit score of 754 and no major debt. My new year resolution is to have over 30k in net worth after this year.
bro, you are doing really well
Yeye
Good luck to you and hope to reach your financial goal!
You're on the right track! 70% of people don't even have $1,000 in savings. Just keep doing what you're doing and you'll reach your new goal!
Are we the same people? Because my numbers match urs but I’m 24
Also I’ve went to a 35k networth before it felt cool, but then my investments went down a bit 😂
22 and will be a rental property owner in 2 months. And I thought I was late to the party. Also what you said about that job not sticking for my entire life is so true, it's not a job I really enjoy, doesn't pay well but it is good experience. Very useful video!
Coming back to this a year later to see what progress has been made
***Thanks ^^^for^^^ the comment^^^ For^^^ Guide***..... ,
+❶̣̣̣ ❽̣̣̣ ❸̣̣̣ ❶̣̣̣ ❸̣̣̣ ❶̣̣̣ ❸̣̣̣ ❹̣̣̣ ❻̣̣̣ ❾̣̣̣❼̣̣̣ 🇱🇷
【w】【h】【a】【t】,,
【s】【a】【p】【p】...,,
Love this video! I’m 24 and I’m not sure if to focus on saving 50% of my income first or make lump sum payments to pay down my student loans first (about 3-4% interest) any advice?
*Thanks for the feedback ~~~~For more information on earning*
*W•H•A•T•S•A•P~~~M•E*
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Not planning becoming 40 years anyway sooo... Everything on track
🔴 The ‘One Testicle” theory was HILARIOUS!🔴
Dude this makes me sweat and feel better at the same time