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 $20,000 in passive income per year to be considered financially independent or retired. These are some money saving tips to stick to moving in to 2020. Pay off your debts, and let’s start saving money!
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Who’s brave enough to tell me their age and NET WORF?
Can you make an updated version of this video?
I'm 14 and I have £1000
Don't know my net worth, but I'm 32 and have about 50K in savings and 30K in Index funds/IRA. Never went to college, so zero debts (self-taught animator).
25 with £110k
I notice your older videos have music, and your new videos don’t. Is this due to story blocks licensing?
14 and 3k
I’m 12 with 1100, you could say I’m ballin🤑
I got -9.21
I am 13 yrs with 5$
waiting for school cause duh that is the only time I get money
40 > 0$
20, 3rd year pre-med, no debt, and have $30 lmao also I'm investing in myself to learn financial, etc. since no one wants to teach me.
Are you really telling people to live on 25,000 a year before taxes. What are they supposed to live in, a shoebox?
My net worth wildly changes everyday as 80 percent of my money is in crypto.
im 15 and i have 4k net worth
Job that pays 50k per year? :O Well i guess this kind of job doesn't exist in my country xD Here where i live the max you can get is maybe 12k per year and it's just not fair…. 😀
You worked with The Amazing Johnathan!? That’s amazing and I loved his stuff!
Good energy
“Save 50%” yeah okay 💀 when 40% of Americans are living paycheck to paycheck
I’m 7 years old and I have 200 something dollars from stock’s
✔️
Im 20 with $75 dollars in the bank 🏦
How much is your net worth now Andrei after two years investing in crypto! 😂
24 100k 🥱
I am 30 and saved 300k
Just turned 25 with a net worth of $79k, earned/saved on my own with the help of my parents letting me live rent free! They're 100% the reason I've been able to make a future for myself and family
My age is 20 my net worth is 20,000 dollars
I would love to know what you were wearing in the video that kind of a coat just turns me on. You have some link maybe? 🙂
in lithuania get payment 500e per month and 60% put on taxes
I’m 43 with $234.69 exactly in my bank account and I’m proud of it and being a virgin
23 year old. 110k in assets. 0 liabilities. guess im winning.
im 15 around 4200 and maybe around 1.5k in crypto
mean is not the same as median also
19yr $10,000
<Stay calm, these consolidation periods are temporary.We do expect inflow from investors switching out of Gold ETFs into BTC and also crypto analyst Rico Alan has been doing a great job reviewing all chart trades and techniques on BTC which has enhance the growth of my portfolio. This is an opportunity to both new and old investors by learning and implementing his tips for trading.. ..
Im 15 and my net worth is about 1050$
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.
thanks you this video gave me hope when I saw the average is 0 for 20 year olds I have 2k in m ira acc
I'm 20, get paid $26 per hour (base rate)($31 on sat, $36 on sun), 38k in savings, $200 invested in crypto for fun