Asking Strangers How Much MONEY They Make (Newport Beach)

[@CharlieChang]

Watch the whole video for a ton of great advice from strangers in Newport Beach, CA! And if you want some free stocks, check out the links in the description :)

[@andrewfreeman88]

Really enjoyed this one, keep them going in different cities so cool!

[@rokrok27]

Do more of these

[@danielwilliams7670]

Yo is that Tyler the Creator at 2:11?

[@rokrok27]

@@danielwilliams7670 na it’s your mother

[@RachelsMM2official]

Whoa😳 I go to Newport from time to time and each time I go I’ve always asked myself what are people doing there to live there. Seriously! Thank you for having the 🏀 ⚽️ to ask around.

[@raylubin]

"Giving while we're living so we're knowing where it's going" love that

[@sekutard5157]

imagine beliving in fairytales lol

[@jordantobins681]

I agree… and Seku Tard, sounds like you are afraid to work hard and believe in yourself. I’m with Ray Lubin ❤️

[@sekutard5157]

@@jordantobins681 Apologies about my insult I shouldn't have I called your religion a myth or rather.. I shouldn't have criticized has nothing to do with my abundance of ambition. You know nothing about me, get rid of your assumptions.

[@jordantobins681]

@@sekutard5157 my assumptions? You mean reading what you wrote and commenting on it? So explain what you meant by “imagine believing in fairytales.” It seems that there’s not too much wiggle room with interpretation. How about you get rid of your need to criticize other peoples’ comments. That would be the true fairytale!

[@sekutard5157]

@@jordantobins681 I think my comment was pretty self explanatory. If you gain something from believing in religion good on ya. Personally I’m bitter because religion has been used to excuse foul actions for millennia. But it also gives people plenty of things including hope. But yeah, get rid of your assumptions you self imposed loser. You responded to my comment too, don’t you think that it’s a bit hypocritical to ask me to get rid of my need to criticize other people’s comment when you do the same with mine? There’s little room for interpretation because your mind is small. I’ll make an assumption of my own: you lack perspective.

[@bullwaves6681]

The 80 years old man is in great shape. God bless his heart.

[@AccentBwoy]

true

[@jubjuicebruin2741]

His philosophy is sound as well. We are stewards of the wealth while we are here. There’s a limit that you will reach where more money will not improve your life anymore. That’s when it’s time to give.

[@khittaykachoudhary2360]

Maybe its because of his positive mind.

[@ItsTheTravellingTrio]

"You have to make a lot of money to save a lot of money" - That right there is one of the best bits of advice I have ever heard.

[@edwint1780]

That lady knows what's up. Most honest answer to the question ever.

[@christian2225]

I'm sure if you asked a two year old, "how do you save a lot of money" they would say "make a lot of money" which isn't really true. Thats why the guy who made 70k was paying off a mortgage of 2k and the guy making 200k was paying 1k in rent every month

[@beatricerights]

The two real estate investors need an hour interviews each. They have great wealth of information .

[@humblebee7979]

Agree.

[@letsgetjackdup9952]

Facts

[@richhomiespidey]

Big facts

[@michaelsmith7995]

Agreed

[@tam2zani]

How do they invest in real state? Srry i'm new to this

[@DJWardlowEntertainment]

The world needs more people like Paul. Very smart and generous.

[@luzye]

@@DJWardlowEntertainment 100%

[@Daniel-ve8yr]

“You have to get out of your comfort zone to move ahead in life” Awesome principle to live by. Love your channel, man. Keep up the great work.

[@thelaxlair6727]

yeah i shouldve learned that earlier

[@wilt7505]

@@thelaxlair6727 how old are you bro

[@t.b.1596]

I love the comments that the 80 year old said! God owns everything, giving is fulfilling! What a blessed man!

[@user-pn3im5sm7k]

God bless ✝️

[@NatashaEstrada]

If god owns everything then why does he "own"/control so much. He seems like a nice guy but at the same time accumulating all that wealth so he can control how it's being given is not necessarily the nicest thing in the world. I've met a lot of these lip service entrepreneurs over the years. They are nice but also at the same time often not under the surface.

[@FLG8r]

truly a blessed man - he's the only individual that mentioned God.

[@juliemazza2080]

@@NatashaEstrada hi this is Paul. I just saw your comment about my comments concerning wealth. The only thing I would say is that when you’re a steward, you don’t own anything but you may be a steward to a king as Joseph was in the New Testament and that king owns everything, it’s a great joy and also a responsibility to be a good steward.

[@IVY-fp8si]

Wise words from Paul. Really enjoyed his segment. Bless his heart

[@Shoeless_DA]

This was very surprising to me. Newport is a vanity filled place, I expected a whole lot of inflated income and net worth numbers, but everyone seemed very honest and humble.

[@TheRomeoSan]

I think it also depends on whose giving the interview, if your genuine and interested in who your talking to it will show on the face as well as there body language in tern will make people comfortable to talk to you.

[@kabean09]

they can cherry pick too, don't forget. They may have chosen the few humble interviews out of many to skew the opinion of their channel.

[@KaileeWalters]

@@kabean09 just as there are also plenty of shared-living situations in Newport that weren't included in this either. It's also not a bad thing to share the humble, good advice given rather than spread more vanity just so people who have a stigma over certain locations can get a laugh out of them

[@francesca-selfproclaimed-bleep]

That would be mainly Newport Coast, but I wouldn't be surprised if there are nice and caring people there who just happened to take on a successful business. There's people who live in Inglewood who are super vain in my personal experience visiting a relative's friend there.

[@jennacutlass4601]

I lived in Newport Beach for a while in the early 2010s. My family wasn't rich or anything (we lived in an apartment in Big Canyon so my dad's daily commute to the hospital would be less than 30 minutes and my mom could drive to Anaheim), but I did have high school classmates and made friends with some from Newport Coast and the mansion islands off Pacific Coast Highway. Most of these students were surprisingly humble outside of school too. They knew early on it was their parent's wisdom and wealth and the years of effort and risk-taking it took to get there, but never asked for anything that would be obscene and extravagant. From the outside, they seemed like any other teen who just wanted to get HS over with. The ones I'm close with had retail jobs on the weekends and one of them convinced me to apply for a server and hostess job with her at a Mexican restaurant and I'm forever thankful for her.

[@errhka]

Shout out to Matt - when he answered that the best investment he made was travel and that you shouldn't be afraid to ask for help I knew he was a great and thoughtful guy. Him and Paul are my favorite in this vid

[@cftn8885]

I appreciate that you show your unsuccessful attempts as well. Shows that generally the worst that happens is being told 'no'. Great content!

[@FunkyChild718]

All the older gentlemen in this seemed to be so successful, reflective, level headed and experienced. No hesitation in their answers at all, just very regimented and speaking from experience. Kudos to them.

[@TM-li7bl]

Usually, people with high net worth and income will not reveal their worth…, they are very private. I really respect this 80 yrs old man.., what a jam!!! God bless!!!

[@rjpanehal7173]

I was just out in Newport beach for a week and the money that is there is absolutely insane. Talking to home owners in Newport I quickly realized that the majority of them work for themselves and our business owners of some sort. It’s pretty much impossible to buy a $3 million dollar house when working for someone else. I did fall in love with Newport and if I’m ever going to call Newport home someday I’m going to have to work my ass off but also work smarter not harder. Money is a tool to get the experiences you want out of life and I pretty much loved every moment when I was out in Newport. I’m definitely going to be a business owner someday but ofc don’t know what that looks like just yet since building a company is not a linear path to take in life

[@ghostbravo7127]

As someone who works for himself, and did buy a 2 million dollar home, I have to tell you not to do it. They aren't worth it, their value doesn't hold, and they don't easily sell. I sold mine for 2.3 million so I barely recouped the cost after interest, time is money and if your money sits at the same value over time then you are losing to inflation. On the other hand, the apartment building which I borrowed against, only cost me 600k to build in the 90s, I sold it for 1.9 million almost a decade ago to provide some seed funding for my ethical biotech startup, I don't regret the sale, biotech is my passion, molecular genetics has been my life's work, and expanding my stake not only gave me more control over the direction of our company, but has also been highly profitable. On the other hand, the small apartment complex I sold was renovated and they now charge 2.2k a unit, mostly rented by software engineers in their 20s, and even after reducing the number of units down to 30, they are easily pulling in 66k in gross monthly revenue, that is almost 800k annually, meanwhile my stake in my company, despite being evaluated as being worth so much more, is simply a number until I decide to give up control for cash. Real estate truly is the golden investment, and apartment complexes or single family homes are generally the best investments.

[@kyuj2890]

Paul has a lot of wisdom.

[@LoveIsWar977]

9:58 “Think twice act once.” I love that a lot. ✨

[@MikeNardiTV]

I love these "ask people on the street" type videos... you did a great job with this one Charlie!

[@yonathanseleshi]

I love videos like this. Every now and again you find really great insights from random people. The biggest reason more people aren't successful/wealthy is because they don't know how to get there. The most important thing those people need is just someone who is to tell them how.

[@aruytpadyugf]

I grew up in Newport Beach and here is what I do know about the people that live there: most of their wealth is inherited. The families that own homes in the 92657 zip code have inherited their properties from grandparents or parents etc. it’s an old money area.

[@helloitsmehb]

@@aruytpadyugf that’s not remotely true. In fact there’s a recent study that says 80% of millionaires are self made

[@aruytpadyugf]

@@helloitsmehb that’s no true for Newport Beach. I grew up here.

[@ESW206]

FYI he was interviewing in 92663

[@2011blueman]

@@helloitsmehb Not in Newport Beach.

[@suzieb4087]

This video was well worth it just to hear what Paul had to say. Giving the glory right back to Jesus, and being generous with what he has been blessed with. Amazing!

[@Jacob-xn5cd]

I appreciate how transparent this is! It’s just beneficial for everyone to be this way.

[@gijaleel]

Paul at 80 looks better then most at 60. Man is living life.

[@booneboone9705]

@@gijaleel For a white person yes

[@ESW206]

Um Richard was 70

[@abalogh87]

Newport has a lot of old money. Many residents had the luck of their parents buying real estate in Newport and surrounding areas in the 50s-70s and had that money handed down. Common theme was real estate investing!

[@chrismel1986]

"giving is more fulfilling than receiving" i love that

[@sidewinder34E]

Well done, Charlie. This is inspiring. Thank you for putting yourself out there so we can all learn.

[@CharlieChang]

I appreciate that! It definitely is hard to go out and ask strangers these types of questions haha

[@julessiriban4317]

@@CharlieChang fr, please make more vids like this one!! i learned so much

[@gdew9643]

6:11 6:45 there is a reason that 80yr old looks so well, he is good on the inside too, what he said about giving back

[@stevenobinator2229]

Totally agree, people need to share more. Finance is seen as negative and parents make their children feel terrible about it

[@matthewkirkland6497]

Same as fornicating so 🤔 someone had to bump to get here 😂

[@candideharrison5568]

You don’t always have to think long term. Investing is as much a tool for shaping your present financial situation as it is for forming your future one. Do you want to buy a BMW next year? Do you want to go on a cruise? Wouldn’t a vacation that was paid for with dividends feel nice?

[@presley492]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless

[@susannabruemmer3683]

May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well

[@luiskoogler7926]

I have seen loads of news of Teresa Jensen White on the internet, she must really be that good for she to be talked about in such a way. Is she on KZbin? please how do I reach her

[@candideharrison5568]

I can’t drop her info here, KZbin is a public place. Just do a web lookup using her full name and connect to her official webpage.

[@ivanl8408]

Paul, the 80 year old guy blow my mind 🤯🤯🤯 Great advice

[@jonscrivner9087]

People here in California are so much different in their approach to money, investing, and living. Much more relaxed. Interesting.

[@Jus7here]

I love Paul ''mindset'' amazing energy!

[@Mw3SwagZone]

Great video, I’d love to see the same questions being asked in a significantly lower income area, something middle class

[@hendrixhein]

Hey Charlie, thank you for the great content! I like this new interview format videos! Amazing👏

[@CharlieChang]

Thanks man!

[@5683JG]

Without question Paul was my favorite 🤍 Sooo genuine & wise. 🙏🏽

[@roseleilani76]

Loved Paul's wisdom and the IDEAL acronym he mentioned.

[@windandsea6237]

Love this content man! There’s so much knowledge out there especially from the older generation!

[@Fathertime-tv5wo]

The 80 year olds gentlemen is my hero 🙏🏾

[@healingharmony3530]

“Don’t get married guys“ 😂 that awkward moment lol

[@rachelledg4125]

He said 25k not 45k, but yes still a lot of money. I'll elope thank you very much.

[@drewgrows7765]

More like be careful who you marry. If the person you are dating has poor credit they a likely going to continue to sabotage themselves and then you too.

[@nolandenham2509]

You can tell Paul is a good man 🤙 very inciteful

[@elliebounce4678]

This is so kind, that people share their advice about finances with random people

[@SatoshiHODL]

6:11 That 80 year old just broke down the entire game. Listen to him

[@troy.u3297]

3:02 there is no way you can believe this dude. If he said 150 then believable. All the other ones are genuine and honest.

[@2011blueman]

I believe that he knows is annual income, but he 100% spends all of it. You'd be absolutely shocked how many idiots like that live paycheck to paycheck. If you asked me which number he lied about I'd say the net worth of 700k rather than the 300k of income in that area.

[@steve6429]

I really liked the asking for interview rejection clips. Very transparent and interesting! Awesome channel!

[@matttonda]

Blown away by Paul’s answer, giving really is more fulfilling than accumulation

[@lawrencelee4668]

This was great and authentic! Enjoyed this.

[@MJ-cg8vp]

That Justin kid will be a great doctor one day! You can see his passion out of his soul.

[@yagga8885]

You’re awesome. Bold and always getting the answers we need 👊

[@kiranwingelaar7009]

The 80 year old was awesome. The medical student was impressive.

[@PotBellyIndian]

So many gems (people and advice) in this video. Best video on Motivation and Living. Real people doing real things.

[@saturdaysam4393]

It's such a pure pleasure to see boomers being interviewed high time we listen! Thank you :)

[@scienzchic1]

Love Paul! What a smart & enlightened man!

[@aubreytraverse.]

Loved this Charlie keep up the great work!

[@angelachanelhuang1651]

Fashion!

[@elizabethroy8862]

Productivity is never by luck. It is always the result of a commitment to excellence, intelligent planning, and focused effort. To be able to make a change one will have to do more than the obvious, financial freedom is not always about being rich and having a lot of money. Instead, it is more about having control over your financial present and your financial future

[@diogogomes1943]

Your approach is correct and shows you have lots of experience, but since everybody wants to become rich overnight most coming to the markets newly don’t seek professional advice

[@robsonborges1529]

Since I lost money in the tech bubble years ago, I've only invested in real estate. But, with the recent surge in home prices I've liquidated a few assets and am sitting on cash. I'd love to hear your recommendations because I'm looking for something profitable in these crazy markets

[@elizabethroy8862]

@@robsonborges1529 Timing the market is impossible. history shows that the market will in the long term have an upward trend, so the worst thing is not investing at all. i have trailed along LISA MICHELLE PACILLAS markets picks and i have accumulated 7btc with her guides

[@robsonborges1529]

Have you got more information on her services ?

[@elizabethroy8862]

@@robsonborges1529 Lisa Michelle Pacillas can be reached through her webpage, you just have to look her up on the internet

[@DanAldrin]

Loved this video and seeing how honest strangers on the street are with regards to their financial circumstances :)

[@dlightfulheiress]

The 80 year old gentlemen was so awesome. Definitely tips to live by ❤

[@lacantara23]

Bro this video was excellent it’s really informative to hear what just regular people do ..also their financial strategies👏

[@markflores5124]

The 80 yr old was awesome this video is definitely being sent to my kids

[@MissUnderstood_Mom]

Paul's message is beautiful!

[@Drummasterjay]

I’m coming back to watch this every morning just for Paul.

[@michael77d]

Awesome video man.. I live in costa mesa down the street from where you were at. I am surprised you caught some nice folks lol... a lot of snobby people hangout there! especially in Lido!

[@KevIRL77]

This was a really good video Charlie, you should do more like this.

[@CharlieChang]

Thanks Kevin! I'll try and muster up the courage to do more of these :)

[@CebiGreen]

All of them have great advice and my fav is the 80-year young gentleman.

[@gaellegoutain1286]

The med student was really passionate about his career. Wish him the best.

[@garyrobinson3]

Loved this video! I think you're on to something... Looking forward to more of these and I'm curious to see the differences in responses that you would get in other areas of the country (NY, DC, Austin, etc etc)

[@angelachanelhuang1651]

asking employers how jobs work?

[@garyrobinson3]

@@angelachanelhuang1651 No, asking strangers how much money they make and what they do..

[@DMD96]

Man this honestly a good video. It’s not like the other quick ones. I like this kind of content a lot.

[@elkayghana337]

"Hopefully by the time God takes me home" got me smiling. This world is not our home tbh.

[@jalabi99]

Paul is looking amazing for being 80 years old. Wish you'd asked him what his net worth is, but overall it was a great interview!

[@AikiraBeats]

Same I wanna a longer interview with Paul because he definitely made a great point about giving your money away. It’s definitely more rewarding than holding onto money.

[@sisk591]

After listening to the guy who is turning 80, all I can say is wow!

[@CoolManClash]

80 year old guy is a legend

[@9770G]

I love these videos and how they are becoming popular. A lot of ppl think u have to make crazy good money to become financial successful or well off. I totally disagree with that. If u are smart with money and don’t over spend, as well as save to make investments in real estate or build long term stock portfolio I don’t see why someone making less than 100k couldn’t do well for themselves.

[@barronmiller5526]

9:00 🤣Daniel is such a honest guy. hahahahahah

[@avalondeluxe]

This is awesome! I rented in Newport Beach for awhile- I think it would be more interesting to see the people who own a home there versus rent or live outside of Newport Beach. Those people are extremely wealthy. A lot of people here I have a hard time believing they live in Newport but maybe greater OC. For example if you live in areas like Aliso Viejo, Costa Mesa, Irvine or Laguna Niguel, it’s significantly cheaper to live than in Newport Beach! NB has a ton of old money and generational wealth as well. It’s a gorgeous place! Thanks for all the work you did in this video! ❤

[@benzei2003]

The 80 year old gentleman was such an inspiration

[@JanetKohl]

Best advice and philosophy from Paul!!! ♥️

[@Tsquared1]

Hands down one of the best financial videos that I have ever seen. First time I've seen one of your videos. Subscribed ^^

[@CharlieChang]

Wow, thanks! Appreciate the follow!

[@harshitjoshi2250]

Please do more of this!

[@በጸጋ]

6:11 what a gentleman!

[@Rita-xz6tj]

You are doing a great job. All videos are helpful. Thank you Charlie.

[@georgekelly5987]

Good video Charlie

[@2am_k]

The IDEAL mnemonic is GOLD.

[@officialsterlingarcher]

7:28 I wouldn't say money itself equals happiness but throughout my career I've noticed that the more money I make the more freedom I have to do things and feel relaxed, especially once my savings starts to grow. So maybe money != happiness but having more money allows you to have the privilege and more freedom of doing what you want and spending time doing stuff with the ones you love which can bring happiness

[@J0hn.R]

Paul was my favorite. Experience talks, but also putting God first.

[@brian3255]

Giving while your living guy was the best

[@mendesnelson]

Love these interviews!

[@MP-ef6mc]

Thank you so much, I really enjoy these interviews.

[@tk-gn1tn]

It’s cool to see you finish the video literally steps from my house. To be honest, most of the people you talked to aren’t from Newport, but are from out of the area. The spots you were at don’t have to many locals. Cool video though.

[@xkcd5676]

I used to live 50-70 miles from there and I used to go to Newport and Huntington every weekend so good point lol

[@lmb4876]

I am a new subscriber (68 yrs old)..thank-you for asking the questions that we all want to know!

[@Tatiana-kk4it]

Paul's changed my life ! wise man

[@TheNaijaGosiper]

What is your biggest expense right now? “My gorgeous girlfriend” 😂

[@MjBeaud]

Not religious myself but Paul (6:11) is on point (7:03)! Thank you for sharing.

[@chucksullens3974]

Great job Charlie! Wonderful topic with informative and helpful advice.

[@losxlakers]

Respect the ground work!

[@mattmasteringer4399]

Living below your means and acting your wage is the way. I make 150k a year, my rent is 575, my car is 16 years old and can’t see myself being able to afford a new car or anything that cost more than 10k. Just live below your means, invest, and spend less. Be like an Indian family, Indians and Jewish people are like a funnel, a lot money come in and less they spend.

[@fangiscool1]

It's a value judgement at the end of the day.

[@yme3267]

150k doing what? At what age? 575 rent where?

[@Beastieboy2263]

I can tell you’ve made terrible financial decisions in your life.

[@yassinaberra9743]

here to show my support

[@fundifferent1]

I love the diversity of this

[@Samuel1Rodriguez]

One of my favorite videos! Keep it up.

[@CharlieChang]

Glad you like it!!

[@BrielleJuliet]

LOVE this video concept!!!

[@millennialbuddhism2619]

I want Paul to be my grandpa. What a wise and generous soul

[@AarrenDieok]

This street financial interview is awesome idea.