How To Get Rich In Your 20s
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Thank you for the advice
Sweet, thank God I didn’t get student loans, I may only have 300$ but I’m not in the negative
Lol… Enough channels point out this guy being a sham. I’m surprised he has any presence online anymore.
link?
I’ve never heard him say anything that’s untrue. Yeah, it’s basic advice, but it works and more people need to hear it
@@gergo7507technically he lied right there with the average as the real average is skewed because of all the rich people. His figure is literally the median if its got any truth to it.
I have never ever heard that at all. If you have actually seen his videos you would know he gives out good but general advice. Most the times he’s just covering articles on things and giving a slight opinion based on his experiences. I have seen majority of his videos and not once has he been fishy or done anything to use his audience to his advantage. He is the reason my retirement has 25,000 at 21 and why I have enough money to afford a decent place to live when I’m finished with school. If he really was a sham he wouldn’t have a presence, that’s EXACTLY why he has one.
So take the no money most people have on average and put it into retirement so you don’t see it for 40+ yrs
Honestly sounds like bad advice.
💀
Good luck having nothing to retire with
Brilliant. Take my negative money and invest it. Makes sense.
Don’t make negative money then
@@coledean8845 sounds like u didnt go to college man just bring me my mcdonalds meal n shut up
Retirement for Gen z? Why are we all acting like in 2070 America will be a thing?
The world runs on dollars LMAO the amount of effort that countries would need to do to get out of the dollar system is insane
Yes if dollar goes down or US government gets destroyed the global economy will get go down.Thats how much control the US has over the world.
Thats the genius behind making the dollar the international currency.
Okay, so what if I am almost 40. Should I still open a Roth IRA or is there a better option?
No Roth is still the way to go
Lmfao your not gonna get rich in your 20s from a roth ira.
Yeah it’ll take 40+ years lol
He never said that
😅
Lol I have a net worth of 100k and I am 23. Nice to know I am above average.
nice
Twins but I’m 21 🙂
how u guys doing that i’m 21 but i’m around 30k net worth instead lol
@@KunaiMeister dude 30k is no joke for being 21. I’ve been working basically full-time since 14/15 and I also have my own business that has been starting to do pretty good year over here. I am probably one of the most frugal people you’re out for me as well
@@coledean8845 i’m also looking into my first business atm, but can i ask what field ur business is in?
Bold of you to assume the same demographic 30k in debt has 416 dollars a month to spare. Thats the entire issue
At that age it’s likely student debt that you are paying monthly on. So what he is saying isn’t crazy.
But just puke don’t get 30k in depth it’s a choice lmao
@Mufasa4587 it probably is. But at that point, the interest rates on the two are similar, with the college loan typically being 500 ish a month on average. So it would be counter productive to deposit that into a roth vs paying off loans anyway, and that’s assuming someone fresh put of college these days is even making enough to pay off rent, car, insurance, and still have enough left over for the option.
I am 23 and my networth is 125k… I don’t have any sort of crazy job, I just don’t buy things I cant afford, and work some overtime shifts. Y’all need to try harder
@winfieldk6692 I’m 18 on track to a 6 figure job next year. The problem isn’t the individual, it’s the mass. Just because we are sufficient now does not mean that we should turn our heads to the rest. An average Is an average, and that average shows there’s a problem.
Damn I feel old and behind lol
30yo, net worth around $600k
Net worth of over $200k. Purchasing my first investment property. I turn 24 next week.
I’m 20. Making 250k.. working as a contractor. We all start somewhere.
How are you making 250 k at 20 lol
🧢 🧢🧢
Real net worth is not just valued by money and assists, if you are in debt due to studying this knowledge itself is a net worth because it most likely grant you a better paying job, in addition to that connections are a net worth, even if you are millions in debt and have good connections with the right powerful people, these connections most likely grant you a better opportunities than the average person.
No retirement here .. working til the exact day I die
Horrible advice
I used to feel like I was behind but I’m 20 and currently have a net worth of 30k
I’m 20 doing sales and married and youre definitely ahead of me, lot of money in but a lot of money back out so I need to grind harder
@@boshmongoBruh money is a big thing yeah, but you are pretty far ahead yourself, like 20 and married and a job? You’ve basically started your adult life, that most people in their 30s dream of. Good job man, keep up the grind.
@@Random-gv5ln Appreciate it! Sometimes I need to remember that lol
Me in med school with a -200k
This sounds good bit doesn’t give you the formula or how to do it if you are starting out and don’t have the 416 per month. Anything to get videos out there to get a paycheck.
This makes me feel better
Yeah I’m broke so imma go open up a Roth IRA with zero dollars .. come one can we get some REAL advice
Pay off your debt as soon as possible
Hah im winning with 100k in loans baby lets goooo
I’m about to be 250 000 in debt at 21 😂
As someone who’s 20 already paid off my student debt, I’m happy to be living with my parents making 50k
Good for you bro. God bless your family.
real as a 21 yr old finished uni, paid it off at the same time. Business is at 15k in profit a month and landed my first cyber security job whilst living with my parents. Couldnt be happier!!
You’re 20 what debt
@@user-white007 uni fees are considered debt… in the uk we have to pay 30k for uni. I already paid that off!
As someone who is 20 and is about to work at Costco for $20 an hour I can’t even afford to put in $400 each month smh
That’s wild I’m not much older making the same and could do $400 a week
After all the bad schemes you sold your viewers why would anyone listen to you
There’s no Roth ira in Hong Kong , what can I do?
Bro I don’t have 400 dollars to spare every month😂
With this inflation $50k by the time I retire won’t even get me a big mac
Your moral net worth is in the negatives, what with the scams you knowingly promote.
Inflation: haha not while I’m around 😙
Pls tell us what percentage of people who are 23,24,25,…..,35 years old have net worth over $0
Lmao why is it so accurate, I have a car loan at 23
Good thing we have people like Graham Stephen to promote scams and suck us dry of our last dollar.
Give ways to get rich without using interest
What about for TFSA‘S?