Living On $615K A Year In Seattle | Millennial Millionaire

Todd Baldwin is a 27-year-old who lives just outside Seattle, WA and brings in $615,000 a year. His day job is in commercial health insurance and earns him $150,000 per year before commission. He owns 6 rental properties with his wife Angela that net $12,500 per month. Here's where his money philosophy comes from and how he chooses to spend, or not spend it.
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 Todd's budget breakdown here: cnb.cx/38dNlRn
Todd Baldwin has always wanted to make a lot of money. “I was raised by a single mom, and I watched her struggle working four jobs to try to feed three kids,” the 27-year-old self-made millionaire tells CNBC Make It. “She was worried all the time about money. I saw it. I could feel it.”
Baldwin didn’t want to experience the same financial stress when he grew up, so at 12, he started working. His first job was shoveling manure for $3 an hour: “I came home one day, and I counted up six dollars worth of quarters. At the time, it was more money than I had ever seen. Since that moment I was like, I’ve got to make millions of dollars.”
He achieved that goal at 25 when his net worth crossed $1 million, thanks to smart real estate investing with his wife, Angela. Today, he brings in $615,000 annually thanks to a mix of income from rental properties, his day job working in commercial insurance sales and the extra cash he makes as a secret shopper. After real estate expenses, his take-home pay is closer to $305,000. Angela brings in another six figures from her 9-to-5, a paycheck they almost entirely save.
The Baldwins live “very comfortably,” he says. But he still has lofty money goals: By 35, he wants his net worth to hit $10 million.
After dropping out of Western Washington University in 2014, Baldwin landed a sales job in the commercial insurance industry. His starting salary was $50,000, but after several high-performing months, he doubled it to $100,000 in less than a year. Today, his salary from his day job is $150,000.
The bulk of Baldwin’s revenue, though, comes from real estate. He and his wife own six rental properties worth over $4 million and bring in about $460,000 per year in rent, or $38,300 per month. After expenses, including mortgage payments, taxes, insurance and utilities, they keep about $150,000 of that per year, or $12,500 a month.
» Subscribe to CNBC Make It.: cnb.cx/2kxl2rf
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
Connect with CNBC Make It. Online
Get the latest updates: www.cnbc.com/m...
Find CNBC Make It. on Facebook: cnb.cx/LikeCNB...
Find CNBC Make It. on Twitter: cnb.cx/FollowC...
Find CNBC Make It. on Instagram: bit.ly/Instagr...
#CNBC
#CNBCMakeIt
#MillennialMoney
Living On $615K A Year In Seattle | Millennial Millionaire

[@ajilynn1950]

This man was broke and had a fear of ever being broke again and now he’s a millionaire and still live like he’s broke 😂😂

[@Kloutkulture]

Liam Agreed it takes balance but he’sdoing it to hit a goal

[@melaninstrength1853]

Lol yes! Thats how you stay rich!

[@pamelaa.1356]

Nothing wrong with being frugal- you can spend your money how you choose. I felt a bit uncomfortable watching this episode. I understand living for free...but roommates my guy? I don't know that. I know he is doing most of the speaking but I feel as though his wife controls everything

[@wittyusername9544]

I could never allow strangers to live in my house. Like seriously LOL. A rubber wedding ring. Driving all over the city and trying to find those random restaurants just for a free meal.

[@youwho6692]

that's how you stay rich! living a expensive life is the fastest way to go broke! I'm sure he sees that! If I'm a millionaire, Id rather live like a broker person, knowing that I already have money to back up just in case something happens..

[@brandonburns5365]

Update: They moved into the hallway closet so they could rent out the master bedroom for a extra $500.

[@willkillz7758]

Brandon Burns 🤣

[@stangster94]

Lmaoo

[@chiefenumclaw7960]

Seriously, who makes 600(k) & lives in Burien.

[@adamkrueger4463]

Chief Enumclaw if you are on the sound it’s nice. Two blocks up is another story.

[@chiefenumclaw7960]

@@adamkrueger4463 true. I guess when I hear Burien I always think of White Center or Sea Tac. Then again a dude with 'Enumclaw' as his handle is in no position to judge the fine hard working folks who live in Burien.

[@isaaclopera938]

Update: they both now sleep at their offices to rent out their room for more income.

[@ABeautifulMess101]

🤣😂 You all are funny with these jokes

[@Nicolebedine]

hhahahahahahaha dead!!!

[@billyjones589]

🤣

[@laserturbo9111]

Haters gunna hate

[@cierraStorybook]

🤣🤣🤣 I hollered!

[@razgmk]

This guy is so frugal he doesn't even pay attention.

[@ahyan6075]

Frugal is the wrong word he’s straight up a cheapskate

[@JordannGeorge]

the secret shopping gig is pretty neat, though.

[@aakashnaik1576]

Got the chuckles

[@djalliville]

😂😂😂😂😂😂😂😂

[@jamesdials13]

@jordan George right? That’s literally my only takeaway lol

[@cameronshackelton3404]

Update: he has 3 kids now and they each pay rent to live in his house

[@karimechehbouni622]

Dead 🤣😂😭

[@caesarskiba9008]

literally laughed out loud. lmfao.

[@Jennifer-Guerlain]

Hilarious

[@camilhaland4075]

🤣🤣🤣

[@teepeps905]

Lmfao 🤣🤣🤣

[@coletadlock4323]

Alright he had me until he said roommates. That’s an expense I would pay to not have.

[@ameliagreen2850]

So many strangers living around 🤦🏽‍♀️ Duplex Garage Plus your 2 extra rooms

[@mazee8604]

And that’s why you’re broke.

[@coletadlock4323]

@@mazee8604 Assumptions. I'll just say I'm a college student without roommates.

[@triciacharles8022]

SAME. Rather move back home than live with a roommate.

[@MM-qt8gz]

He’s a liar

[@alipapa]

His goal by age 45 is to become an apartment

[@johnnyspin6346]

🤣🤣🤣🤣🤣

[@earthwascool8377]

😂

[@gonzaoyoo3337]

Lmfa

[@armelledikongue8578]

🤣🤣🤣🤣😂🤣

[@theone3129]

😂😂😂😂

[@Turtle206]

This guy is so frugal, he did not let his wife have any speaking time.

[@tracygrant9095]

Lolol

[@kakpunk4455]

Lolz

[@rktile8966]

She wouldn’t let him let her speak. She won’t let him fly first class. She won’t let him compete. She won’t let him ...

[@wl9226]

“Money doesn’t bring you happiness” well thats because you not spending it sir 😂😭

[@OreziOmokiti]

Wayne Luciano 😂🤣🤣

[@annngo5476]

Hahaha!

[@pfanomukhodobwane1666]

😂😂😂I'm all about saving but this guy is too stingy...this is just too much

[@jonathans8892]

lmaoo

[@freebee822]

One of the best quotes I’ve ever heard🙌🏾

[@eliubfj]

Update : His wife now allows him to sell his blood plasma for extra income

[@amarachiizuegbu6342]

😂😂😂😂😂😂😂😂

[@Dgehjeo]

Jesus Ortiz 😆😆😆

[@mimao.5150]

Lmao..

[@jeni659]

🤣🤣🤣🤣

[@polifonyann]

lol

[@calsela]

Graham : Im the cheapest millionaire ever. I only drink 20 cents coffee This guy : Hold my free coffee

[@lintaocui6282]

Lollll

[@loismohammed3862]

@@lintaocui6282 how did he do that if I may ask

[@loismohammed3862]

Really

[@julianledoux8824]

This is one of the greatest comments I’ve ever read 🤣

[@cl4597]

🤣

[@rikidavis6563]

Imagine paying a millionaire rent and he's your roommate

[@RochelletheRealtor]

Imagine him and his wife being your roommates!

[@joemuthavhi2409]

Lol that's hella weird

[@qhawemoyo8940]

Am wondering why they have roomates in the first place

[@themightywarriorspiritofgo4275]

Smile:)

[@ye23.]

Lol props to this guy on his success but he and his wife are so cringe

[@PantonePapi]

This dude waits until the ice melts in his cup so he can have “second drink”

[@PsalmPsalm-xk1nw]

cingratta 😂😂😂😂😂

[@roborich7793]

Stoooppppp🤣😂🤣😂🤣😂🤣

[@08sammielynn]

cingratta good one 😂😂😭

[@samanthasau4086]

OMG.....😂I’m dead.

[@dianacostaph]

cingratta that’s also me 🤣

[@GrahamStephan]

This is gonna be good!

[@asaingangsta9586]

Graham Stephan love u man

[@gigidiary2060]

Review it senpai 🥺

[@Kage-jk4pj]

Bernie 2020

[@LouisPorterJr]

Come on Graham, you have to admit this guy is actually KILLING it!!!

[@estrm]

is that your brother ? :D

[@gianahay7093]

He's talking about having money for his kids college but will probably send them to community college to "Save Money"

[@bryanfeliciano4102]

Literally makes no difference 😂 College is gonna become irrelevant soon enough

[@ONpopularTopics]

@@bryanfeliciano4102 not when you need to become a Doctor.

[@bryanfeliciano4102]

@@ONpopularTopics (dr,lawyer,and some engineers I can see it but everything else no)

[@Bigbnfgv]

@@bryanfeliciano4102 you are actually right..all you need to do is transfer the community college credits..

[@elias8294]

@@Bigbnfgv you still end up wasting time in community college. you have to redo some classes when you enter a University

[@jademalden]

The man said, “because it’s the fastest car in the world”😂😂like you still gotta follow the speed limit💀

[@lizzylemonade320]

He really said "I have no time to waste" like he still don't have to drive there anyways

[@ndeyeinsider1295]

Exactly, it is not like you are permitted to go above the speed limit

[@LucasDanielSantoro]

Acceleration thou

[@themightywarriorspiritofgo4275]

Money can’t by love but it can buy erotic women that are impressed by an expensive car

[@danielion9816]

I think this is hilarious because if you think of it the other way around "the slowest car ever, but the speed limit is nonexistent." 😂🤣😂

[@2pkjs1351]

There is no damn way I’m living with roommates if have a wife , that’s just being way too frugal, but props to him

[@dkchacha]

Shoaib K props to her as well lmfao

[@ghanamafia7199]

Hopefully, there is a pre-nup....I can see her getting tired of all of this penny pinching and going her separate way

[@59fiftycap]

Ghana Mafia by the looks of it, it would be him that would get tired of all that penny pinching - well at least prior to when she does.

[@jreteeksjreteeks8868]

That’s why I will always be broke, I don’t want any roommates.

[@theoneandonlyK01]

There's no way I'm living with roommates if I'm RICH

[@kevinvin4040]

Update: We sent our child to foster house and rented his/her room on Airbnb

[@isaaclopera938]

Dude stop lmaoooo

[@jeffstryker1454]

😂🤣🤣can actually see him doing that, he will be like hey kids your 10 years old now it’s time to pay rent.😂🤣

[@yuanhuang9170]

40% commission on commercial health insurance? that's how messed up the system is.

[@kimjohnson3906]

Yeah, that jumped out for me! Yikes

[@missdaiseydukexoxo4781]

How much should he make? 🙄

[@fernandotorrealba1233]

I'll admit I haven't watched the video, but typically it's 40% of the premium, not the benefit, and it's only a one-time payment, not every year.

[@d.jmamba7237]

Facts don't matter when people try so hard to be jealous and blame the system for their failures

[@45876]

You got it totally wrong. Commission on commercial health insurance is around 5% of the total premium. His agency will get that 5% and he share 40% of that 5%. The more you sell, the more percentage the agency will split with you.

[@bubboy7965]

I’m so dead at 5:31 his wife thought he was pulling out the chair for her but he sat down instead. Boy is clueless😭😭😭😭

[@jeckymendiola2973]

hahahaha

[@Ayplus]

He's actually married to the money

[@meowmix6401]

@@Ayplus lmao yea i mean can't have everything i guess

[@trybeinggr8239]

Only $12 dollars on his wedding ring(and he's proud of being so cheap) but he wants a Tesla? I'm not understanding the rational. Also you are sharing a car with your wife maybe see if she wants her own vehicle before spending so much on your dream car. Just a thought.

[@trybeinggr8239]

Wow I didn't notice the chair thing. Guy seems to be more focused on money than his wife it's sad.

[@annikatribby5717]

This would be the couple you would avoid double dating with

[@nicolasherreragonzalez8037]

Yeah, they could end up eating from your or your date's plate for saving purposes

[@DaddyYardie]

@@nicolasherreragonzalez8037 or take you to a place they have a punch card for and order coffee for themselves lol

[@ravemaster7405]

They'd leave you with the bill lol.

[@nicolasherreragonzalez8037]

@@DaddyYardie Didn't think of that Lol

[@samanthasau4086]

Annika Tribby right

[@kentschneider39]

Update: He’s sold all 3 kidneys

[@isaaclopera938]

LMAOOOOOO stop

[@sup3reffect1ve]

He learned how to grow another kidney so he can sell it 😂

[@djalliville]

Omg I’m cracking up!

[@Darl-ur3uq]

Are you saying that his third kidney is his head !!! ruuuuude

[@mrs.germain4911]

lol

[@vincentrao398]

This is the kind of guy to talk you down $5 while wearing a rolex

[@boomjewerlery7610]

He’s the kind of guy to lend you a dollar and ask for you to pay it back later

[@00Anew00]

Hey he earned that Rolex! 😂

[@ladybug7273]

A rubber Rolex like his wedding ring 😂🤯

[@surfingtothestars]

A $20 Rolex from Wish

[@teeyateeyah233]

He will not buy a rolex lol.

[@janeeirvin5724]

He’s obsessed with money, and uses his childhood to justify the obsession. I’m sure he and his wife both wake up and go to sleep thinking about money.

[@quentinm.williams9]

not a good life to live. the reason i want to make this amount of money is to NOT think about money. if i had this amount of money and never had to worry about not being able to pay my bills or not getting what I want, I would be fine

[@janeeirvin5724]

@@quentinm.williams9 - I agree. Life is to be enjoyed.

[@jvhunt6319]

Yeah they try so hard to not spend money but also make it. It’s weird

[@NiniBonita]

Right 🤔. They must be Capricorns

[@hellokittycupcakes25]

@@NiniBonita i thought the same!

[@peppa_pig_]

imagine making $615k a year and living with like 10 strangers renting out your home

[@shellybee9322]

Bertha Lovejoy I bet as soon as they have kids those Roomies will disappear.Nobody wants random adults around their kid.

[@Zigzagzodak]

Living with all those people seems a risk for fights or being robbed.

[@erickpalacios8904]

Slumdog millionaire.

[@OffBrandBrooklynite]

@@shellybee9322 Bruh seeing how they act with money, they'd probably charge their kid rent lmfao

[@mysticaltyger2009]

Not what I would want, but who cares? They're still in their 20s. People don't get this...but THE PEOPLE WHO HUSTLE AND EARN WHILE STILL LIVING LIKE COLLEGE STUDENTS IN THEIR 20s GET TO CALL THE SHOTS FOR THE REST OF THEIR LIVES. DO YOU THINK THESE FOLKS ARE NOW IN FINANCIAL TROUBLE AS A RESULT OF THE CORONAVIRUS? I DOUBT IT.

[@acirestevao]

"We're not cheap" His wedding ring is made out of rubber.

[@LoveStarsWorld]

Honestly I would get and wear a rubber or glass or wooden ring. It's the marriage I want to last forever, not the journey

[@martell8560]

It's just a material object.

[@animeandstuff5377]

tbh the ring is really the least of anyone's concern -true it is cheap of him but is a millionaire who's a secret shopper

[@danielmoges6653]

I thought u were joking

[@eljonavarro]

the second option was an onion ring

[@destroyer-fr4dz]

Update: They are living on the streets and renting out their duplex

[@Elizabeth-mf3dn]

LMAOOO

[@mightyrem]

🤣🤣🤣🤣🤣

[@panaroux]

This is the best one

[@jetsetsea]

Accurate Seattle comment

[@joycoker4317]

Kudos on your discipline. However, you have surpassed your goals, 3 years ahead of schedule. If you keep moving the goal post, you will never be satisfied. Now, please, start living! Don't let fear of being broke keep you from actually living lives. Blessings!

[@quentinm.williams9]

exactly. i think he has more of a fear or being broke and poor than actually having financial stability and security

[@joanndotson9563]

Enjoy ‼Tomorrow isn't promised ‼

[@manojbaishya_]

I don't get why people are criticising their disciplined spending habits? Their expenses are the polar opposite of broke millennials and their wealth is way off the charts; when the time comes to raise a family they will be in a much better position than others. IOW, this couple are utilising their "Right to Freedom" on their finances rather intelligently.

[@Jessica-qp6fc]

Agree. I think everything they have done so far is great, but it seems like they're never going to enjoy their life just because they want to save money. At this point, what is the "point" of being a millionaire if you are not even going to give yourself a business class flight? I mean YOLO!!!

[@TheWorldofSam]

I'm sure they are "living life"... as can be seen by how happy they are. They don't have to "live life" according to your definition.

[@nicolasherreragonzalez8037]

For everybody saying he needs therapy you gotta know he won't get therapy sessions unless they give him a punch card for that

[@sagarpokharel70]

Lmfao😂😂😂😂😂 this comment is lit😂😂

[@kakpunk4455]

Omg 😂😂😂😂

[@NOVMARCH]

Really r

[@Trystero_]

they could become polygamerus and marry a therapist. lol

[@nicolasherreragonzalez8037]

@@Trystero_ as long as their new partner's wedding ring is made of brass and after they join some sort of cult where they can marry in a mass wedding so it'd be free

[@austinjones9783]

Imagine making $615,000 a year and living with roommates.

[@bdomingo10]

@Liam how dare you disrespect our lord and saviour like that?

[@bigpoppa4094]

0 point to have 1 million dollars to just sit in the bank, can’t take it with you when u die. A safety net that big isn’t necessary. But if he is fine with living with roommates and having what he has, by all means u good

[@Gryptonaire]

@@bigpoppa4094 you know he could be passing down all that wealth to generations right? Because if I had millions just "sitting" there it would be passed down to my kids and their kids and to my close family as well

[@ObinnaWGMI]

Liam How dare you?

[@oregonflatland]

In Seattle it's almost necessary. Once they grow up and hit their 30s they won't be doing that.

[@wajahathameed4820]

You will only hear rich people say that "money doesn't buy you happiness."

[@ShunGoukuSatsu1]

yeah here's a fun experiment, let's try stripping a rich person of his money and see if his "happiness" remains. Cause if money didn't buy it, money can't sell it either right?

[@fhbklyn]

I just want the chance to see if that saying is true 🤣😂

[@YTartschool]

@@ShunGoukuSatsu1 if you take a rich person's money they'll just make more money- the knowledge to make money always stays

[@lukashagel5667]

Money is like a logarithmic function. When you have nearly nothing a dollar a day could improve your life heavily, but at some point a dollar won’t add any real value. That’s why people with a lot of money say it won’t make you happy, because the value shifts. In some report I’ve read that around 70000$ a year is this limit, above money doesn’t make you happier anymore (depends a bit on where you live).

[@ShunGoukuSatsu1]

@@YTartschool my point wasn't "make rich people poor and see if they get rich again". My point was "if you forced a rich person to live a poor life, im pretty sure he's going to be a thousand times sadder and, in a sense, money did buy him happiness or contentment"

[@UchihaItachi-zr3vs]

This guy treats his marriage so seriously that he even got a $12 wedding ring

[@neotruthcollector]

Lmao imagine how much a wedding cost and a real diamond ring just to get divorced in the future that also cost money he wasn’t willing to take that chance. He’s smarter then he looks but cheap af

[@Erin-rg3dw]

Shows he's not focused on material wealth. it's just a ring - the cost has nothing to do with how much you love each other.

[@routadu]

Update: He is actually making money from this video

[@NavaneethUnnikrishnan]

LMAO,

[@dranelemakol]

Probably every person featured on here benefits from the personal brand.

[@johnnyestrada6993]

I was going to complement his car, but his wife wouldn’t let me

[@DeezNuts-ik6xl]

😂 good one

[@birdiebands]

Johnny Estrada 🤣🤣🤣🤣

[@RMlux88]

🤣🤣🤣

[@yamilettrevino1165]

🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@ajsuflena156]

LMAOOO

[@SharDavisXo]

Yikes... live a little and enjoy the fruits of your labor. A millionaire but you have room mates that aren't your kids lol cut it out.

[@rolandoroberto5786]

Sharing a cup of coffee and donut had me 💀

[@rachelschwartz1714]

HAHAHAHAHAHA but for freaking real though

[@brittneypine6628]

You are so pretty! I’m subscribing to your channel. I love money channels but lifestyle/beauty are my favorites!

[@SharDavisXo]

​@@brittneypine6628 Aw so are you! thank you so much for subscribing Brittney. :)

[@JulioLopez-xz5kx]

Wait until she cheats on him with one of the roommates...

[@liamg2943]

There's a difference between being frugal and being obsessive

[@jojomakes]

He needs therapy to address all that childhood trauma he still hasn't processed.

[@ilovetyraandnaomi]

True

[@tiffanyroseangeles7517]

Love to watch this dude train. Lay off the sugar/ bread first,man.....

[@himrbean100]

Look kinda sweet.

[@jalo7289]

lol. that’s trauma?

[@liz9082]

There may be some truth in that but then again Therapy is always healthy 😇...

[@julio-pierrefuertes2226]

They are so frugal that they might just foster kids so they can get pay while playing parents.

[@vq2vx]

😂

[@lightning95sc]

That's the ONLY way they'll see a ROI on kids.

[@PHlophe]

Mon Dieu ! lol! honnetement je n y avais pas pensé mdr !

[@MF-tx3br]

😂😂😂 I'm so done!! 😂😂😂

[@Kdogg1030]

Julio-Pierre Fuertes 😂😂😂😂😂

[@robertshiple]

paying people $150,000 a year to scam people out of their money for overpriced health insurance should be a crime.

[@avia3.44]

"We're not cheap" Okay

[@rickyusesai]

This shouldn’t be here it should be on extreme cheapskates

[@captstevoho4482]

xD

[@dodawes]

Geekster it’s an extreme sport! 😂😂

[@omadjourney]

🤣🤣🤣 this made me laugh and I'm having one of the worst mornings ever, thank you.

[@fashionbeautybomb]

Agree!

[@annawitte8571]

Yes

[@jase87]

“Money won’t bring you happiness” but then “I wanted to be millionaire by the time I’m 30”

[@Appleaddict22]

So this guy makes that much money and he has room mates? Ok I don’t care that’s a bit extreme...

[@TheHmd11]

FrUgaL duh!

[@shaaanstar96]

They probably eat their roommates food too. You know... to save money.

[@Haliosman]

haaan lol I know I was thinking the same thing 😂

[@AllAboutPurple]

haaan 😂😂😂💀💀💀

[@danieladuque1]

Haha hahahahahaha hah you made my night

[@mohamedigal172]

haaan kkkk

[@FGame2star]

they go to Costco and Sam's club for their meals

[@moosie913]

"We're not cheap" -millionaires that have roommates

[@mathyas159]

@Kaven Gilbert they are, their net worth is over $1M

[@Sambigs9112]

Matheus Rodrigues this is why People like u will never make it in life lol

[@debbiets]

lmfaoooo

[@bobwatson1895]

Tell the dad from Everybody Hates' Chris, we've found his long lost son. Penny pinching better than him.

[@TheMissPiolin]

I am the opposite, after working my butt off, I need to reward myself with a good dinner, drinks, just in case I die tomorrow. Lol

[@jmor2252]

Thats 15c of corn right there, you better eat that.

[@mobiustrip6099]

Can we get an update to see how Covid is treating all these rental millionaires?

[@PainandMotivation]

That is what I said. He spends so much money on renting his properties. I wonder if he has any mortgage payments on his properties. I do not rent out my home to roommates just to make an extra two thousand dollars. I want peace of mind in my house.

[@NAT-turners-Revenge]

@@PainandMotivation exactly me to... and yes i want a update.. these guys are over leveraged

[@depthbyvfx9604]

@@NAT-turners-Revenge there actually is an update somewhere on this page a bit after the pandemic hit. He was still doing good lmfao

[@esq1030]

His wife is so frugal she didn’t want to be interviewed. This felt like a cry for help

[@rowson88]

She's calculating how much money she'll get in the divorce in 5 years! 😂😂

[@himmie1]

How do you rent rooms in your part of the house. That's too much. There comes a point where your doing too much

[@breannaterrell7219]

@@rowson88 😂😂😂😂😂

[@shush3177]

This sounds like he's not in control of his fear of being broke.

[@blountjuice4932]

April Harris check me out! I’m a black violinist

[@Honeymagmangospoof]

Agree

[@giacomobonomelli]

who is not afraid of being broke ahah

[@mona-checkoutmychannel7656]

How so?

[@shush3177]

@I can see clearly Now how you gonna speak for me? Lol

[@justsamoo3480]

I imagine that in five years there will be headlines like: Millionaire couple sends a child into adoption, because of its “high expenses”

[@ruthumez]

😂

[@supreme5998]

Kids are pretty expensive though.. costs a million dollars to raise one to 18. I’d rather have a million than to have a million dollar expense.

[@danni6257]

He says "My wife won't let me" a lot... Looks like he's just blaming someone else for his frugal manner

[@gabrielar9611]

He’s manipulative

[@hamza4real]

He pretty much makes $615K and lives in a hostel

[@vickgoldsman8634]

hamza4real oh well at least he doesn’t have to come out of pocket for his mortgage. Who’s really the smart one. This is why he is in the 1%.

[@tonysopranooo1]

@@vickgoldsman8634 i rather enjoy life than hoard a bunch of a money for no reason... u can't take it to the grave

[@rtp1968]

hamza4real Still doing better than you EVER will!!!

[@hamza4real]

@@rtp1968 at least I'm not 50 making less than 60K.

[@rtp1968]

hamza4real I’m making over six figures, so I don’t know who you’re directing your comment to.

[@Honeymagmangospoof]

I somehow can’t connect with this guy. He is TOO frugal and tries to find any and every excuse possible to get money. Life is short and you earn to spend so learn to spend

[@kaziahmed5509]

I agree. If you don't want to enjoy your hard earned money while you're young when do you expect to enjoy it? After 60s?

[@arturogomeztagle9250]

Are you a millionaire?

[@Honeymagmangospoof]

Arturo Gómez Tagle no but technically neither is he. . He reaches the million mark because he is frugal

[@arturogomeztagle9250]

Kazi Ahmed people enjoy money differently. He looked pretty happy from what I saw. Just because s doesn’t like spending doesn’t make him wrong. With his mentality and actions, he’s accrued more wealth than most Americans. He’s married. Has his own property. Still has a job he likes enough to keep even though he could live off rental income. I think most of us could learn a thing or two from this guy. Earning to spend isn’t everyone’s plan. Some earn to invest to earn more and maybe in the future spend, or set up their future generations.

[@Honeymagmangospoof]

Arturo Gómez Tagle are you a millionaire? Let’s throw back the question at you

[@francobarberis3126]

When you have a lot of saved up and you drive an old car, you're smiling. When you're broke and you drive an old car, you're embarrassed.

[@Valerius7777]

If you want to get ahead financially, live like this guy. He’s obviously happy and has his priorities straight. Kudos to him and his wife for being such a good team.

[@Chi_di]

He saved two months to take his wife on a date. Your MCM won’t even call you back.

[@sherwinpinugu]

MCM?

[@Brucelee89896]

mcm?

[@Chi_di]

@@sherwinpinugu "Male-Crush Monday"

[@aortiz877]

😂😂😂😂😂😂

[@jevster680]

Maw Fah Uk ting

[@Vaibhav-ku9xn]

lmao the comments in here worth more than his money

[@odunayo1198]

🤣😂🤣💯

[@djalliville]

👌🏽👌🏽👌🏽🤣🤣🤣🤣🤣😂

[@Biminray]

💀💀💀💀💀

[@ndeyeinsider1295]

lmao i am dead so true

[@teeyateeyah233]

Facts!

[@jayspencer1017]

At 5:31 he didn’t hold the chair for his wife and it stuck out to me so much 😂😂

[@kirisutegomen12]

😂

[@NeonHelix20]

Hes very feminine so he dont know any better

[@MondoSzn]

Boomer parents didn’t make him a man

[@audikool]

Omg now that you pointed that out, wow! I guess money or frugality don't make you a gentleman

[@TattooedGoddess]

Well my gaydar needs to be recalculated because I wouldn’t think he would be pulling out chairs for any woman 🤷🏽‍♀️

[@adolfomartinez965]

This guy might be worth 7 figures or what ever. But when you base everything on money you stop living. This guy and his wife are the perfect example, no way I can be like that or live their life in any way.

[@atift5465]

facts

[@Dilling0]

I feel sorry for this guy, he needs to learn how to relax and just enjoy his life.

[@mommyearth6788]

Ryan Borchers he’s 27 so he has plenty of time, hopefully. If he has children and is lucky to live until retirement he will be able to enjoy his sacrifices forever

[@wittyusername9544]

He will make his kids pay rent at age 13. And he will home school them instead of wasting gas money driving them to and from school.

[@melissaandreag]

“Live like no one else now so you can live like no one else later.”

[@chiaraippoliti]

Mommy Earth How do you know he has plenty of time? He could die tomorrow. No one knows when is their last day.

[@manzell]

That dude was exactly me growing up trust me he's never been more relaxed.

[@original_dirtbag]

25 for food per month? They just eat each other’s toenails? Am I missing something orrr...

[@santiagoperez480]

Hahaha fr

[@nekohanyougirl]

ya you missed the part of the video where they are secret shoppers and get paid to eat out so basically free food

[@patrickkong6922]

but they don't eat out every day right? surely they still cook at home but 25 for groceries is too little.

[@jayare6975]

Lmao @ eating each other's toenails

[@lucillea-r9568]

😅😂🤣🤣😅

[@lioneltheophilus2151]

Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free

[@greggeorge6711]

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich

[@danielmedina4953]

Just do the right thing, by trading with an expert, I trust me you will be a millionaire and debt free

[@josephfrys6969]

Assets that can make you wealthy Gold Crypto Stock Real estate

[@kingbush9328]

@luke ben When you invest in crypto you are buying a day you don't need to work.

[@stevewilliams760]

Now is the best time to purchase and invest in bitcoin, stop procrastinating

[@coby00]

Financial wealth is not the only wealth. There is also relational, emotional, social, motivational and spiritual wealth. You can have some and not the others as this video clearly shows.

[@artabel3134]

Graham squealed like a school girl when they said they live in a duplex and rent out the other half🤣🤣🤣

[@brandonburns5365]

Ctfu

[@artabel3134]

Bananas he commented

[@campkira]

is it such a good idea tell people how much you made wide insureance keep deny their cailm.... hence the overpaid salary.....

[@ToddBaldwin]

Thank you so much for having me on the show. The team over at CNBC Make It is a very bright group of people. It was an honor and privilege to work with you!

[@harmony323]

Todd Baldwin awesome video! Can you recommend any Secret shopping agencies to register with? I’m in NYC if that helps.

[@samirbatta502]

I just wanted to ask.. what was that website or firm that you were talking about (secret shopping) which pays you to try new things??

[@ToddBaldwin]

@@harmony323 Thank you! Yes absolutely. For NYC I would recommend Reality Check Secret Shopping and Market Force Secret Shopping. I'll make some tutorials on how to sign up and how to fill out surveys and publish them to KZbin.

[@lilyhanachan]

you're so inspiring todd! wishing you and your family good health!

[@luvtotrade2009]

Please become friends with Graham

[@lauraallred5453]

Man, these comments are 🔥 🔥 I hope they're reading them 🤣🤣🤣

[@absshobs4347]

$12 on a wedding ring ? *ight imma head out* x

[@Morealz]

They aren’t living, they should probably seek therapy for their fears

[@kennymichaelalanya7134]

@Tyrel Tolliver that's basically being cheap. By saving money and only spending a little here and a little there. Its kinda mindboggling. Like I spend over 2 racks a month on Bs and Im NOT rich , but theres rich people who spend half that or less and are making millions a year. Again it's that poor mentality mind set that prevents them from living life and spending via self gratification

[@tvs9978]

@Tyrel Tolliver is that greed or ambition? He's only 27. Lots of time to party. He has a plan for his life. What's yours?

[@Wild4lon]

@Tyrel Tolliver that is his personal choice and I think as long as he's happy about it, let him be

[@konika865]

They are not losing out on anything. They have a very decent lifestyle. They live in a nice house, drive a decent car, go to the movies and eat in nice places occasionally like any normal middle class person. The exception is they never ever have to worry about money

[@mariamcamara9889]

I am cracking up laughing reading all these comments 😭 I’ve never seen a person this rich acting this broke

[@cesartorres3189]

That's why he is rich.

[@equivalentexchangeisalie5726]

Cesar Torres It's somewhat of a fallacy though. You don't need to be THIS frugal in relation to what their income is. It's honestly pointless and not impressive either. It's like billionaires saying they still drive the same car or live in the same house. For sentimental reasons sure, but it's literally pennies to buy a new one compared to what they make, being that frugal just doesn't make sense.

[@yuckymud242]

LMFAO MARIAM THE COMMENTS ARE HILARIOUS OMGGGGGGGGGG jajajajajajajajajaa

[@jayare6975]

Yooo these comments are epic

[@AnanyaAtri]

Watch extreme cheapskates

[@nawinwe]

She's probably saving up for divorce alimony

[@marteumar8429]

She makes that money as well

[@aminakhmadi9193]

@@marteumar8429 by what means?

[@sinamos3945]

@@aminakhmadi9193 CPA and real estate

[@angiecfrmthebay]

imagine bonding on sharing financial hoarding as a hobby and calling it love lol that's a trauma bond, baby

[@phealingsmusic]

I was gonna say I don’t see this marriage lasting. He probably just sees it as a partnership with another cheap person, and thus a wise financial choice.

[@GaelinW]

@@phealingsmusic - I would say that way he sat down and started eating without giving her a second thought (@05:30 while she stood waiting for some kind of acknowledgment) might lead to the end of their marriage before any money issues.

[@TheUniverseExists]

@@GaelinW nah marriages based on similar goals/life plans tend to last longer.

[@NickWright]

I will forever pay to avoid ever having to go back to having roommates again lol

[@TheHmd11]

Lol dont we all

[@dvdgalutube]

When you have good roommates, you can develop a life long friendship with them.

[@unimpressedsquidward3059]

@@dvdgalutube life isn't an episode of Friends

[@callmeosho7792]

@@dvdgalutube 99.99% of the time it doesnt work that way

[@ususshjd1994]

@@unimpressedsquidward3059 Hi i am going to have roommates. why should this be bad as described here in comments? Thanks a lot.

[@sooutstanding31]

This should be call "The Cheapest Millionaire Couple". Married with roommates, and have a $12 wedding ring.

[@PITAH1]

It is so funny to me how Americans care about the price of a wedding ring. It is not our top priority here in Brazil, even if you are doing well.

[@amarawynn8129]

sooutstanding31 Different priorities

[@rrogers5077]

🔥🔥🔥

[@paolaalexandra483]

It's ridiculous isn't it

[@paolaalexandra483]

It's ridiculous isn't it

[@claralilli]

genuinely think they both need therapy lmao

[@GaelinW]

Him definitely. Though, honestly, hard to tell what she thinks given she didn't say a word.

[@mkelly2585]

He makes all that money but he still acts like he don’t got money. He not enjoying life. Buy a family home. Get two cars. Etc. you work hard and budgeting for what.

[@MomosHxnnz]

Some people get enjoyment from saving money

[@quentinm.williams9]

@@MomosHxnnz he has an unhealthy obsession with having money and a FEAR or being broke that he is overly frugal and overly conscious of every financial decision when he doesn't need to be especially when he and his wife are still working full time, receiving rent from roomates, having a cheap car with probably low insurance, AND receiving money from all of the investment properties that they own. they can afford to spend a little more and not be so frugal especially when there are some people who have no choice but to live life below their means and be as cheap as they can

[@quentinm.williams9]

right. bc at this point, if he is scared to spend money now, what is the point of his savings

[@Dr_Salt]

and this is why he has money and you don't.

[@brent1041]

Smartest thing this guy said was “Your health is your wealth”

[@mickyosully4592]

Brent nah

[@noahmoody1640]

s he’s not healthy because he’s not ripped? 😂 not how it works dude

[@JJ-mh3hb]

he's overweight...

[@melovelo3920]

Yeah, but then he spends $25 on his diet eating out at random places to save money on groceries 😂

[@AnuragBhattacharjee07061]

I have never seen such a serious video that has these many funny comments.

[@pmanoah24]

This man is millionaire and have a $12 rubber wedding ring talking about he ain’t cheap 😭

[@MrNugget40]

He now bathes in the kitchen sink and rents out his bathtub for $1500 a month.

[@k.richardson101]

😂😂😂😂😂

[@braidsgift3322]

What’s the point of having all that money if you don’t enjoy it. Life is too short

[@y.r.9401]

He does but not in expensive ways!

[@kirisutegomen12]

Exactly

[@mleangc]

I HAD to comment. They are borderline cheapskates. Calling themselves frugal is an understatement...

[@NafisaLondon]

🤣💯

[@Ieatsouls8787]

mleangc def cheastake

[@blountjuice4932]

mleangc check me out! I’m a black violinist

[@rrogers5077]

A rubber wedding band 🙄🤦‍♂️

[@COVID--kf3tx]

Yeah but they're happy so that's what matters

[@siegelmc9061]

The Truth is you can't give out what you don't have or live higher than your worth, just happy i knew about bitcoin and started investing in it and it has been really helpful and change my financial state totally even if i barely trade my self.

[@ariadnacebrian4171]

that's correct, I'm new to trading and i just lost some money with some online trader's in youtuber's but I'm still trading to improve my techniques i just need a better source to invest and earn while still trading please i need some recommendations, greetings from Uk

[@siegelmc9061]

In all my years of trading and investment in bitcoin, the most valuable decision i made was getting in touch with a pro trader Mr Briggs Donald and ever since i started investing with him have been making cool profits like never before i will recommend him because he's one of the best trader with profitable strategies.

[@siegelmc9061]

i connected him via mail at < briggsdonald 023 @ gmail. com > or intsagram @ briggs_d_Tradings .

[@arantzazubasilo106]

never new Mr Briggs Donald is getting this famous, this is exactly how i got recommendations about him and gave a trial though i was a bit skeptical at first, but now i can boldly say his a genius with profitable strategies, made cool profits over a short time of investment with him.

[@ivorychapel5735]

I think Mr. Briggs is a genius for people to come up here and give good reviews about his profitable strategies, will give a trial and see how it goes then.

[@semonagata8133]

Husband: “It doesn’t make sense to be the richest man in the graveyard” Wife: “Honey, you’re getting cremated”

[@amith8436]

Semon Agata hands down the best comment 🙌🏾🙌🏾

[@speedy0]

He's spending $130 on gym memberships. Could've just run around the block and lift 2-5 gallon of water bottle for weight lifting.

[@theoneandonlyK01]

Dont give him anymore cheap money saving ideas 😫🤣🤣🤣

[@heyitsfran9949]

😂😂😂😂

[@yesiamwinningdad5024]

Stop giving him ideas you dunmy

[@rsantos7051]

Add a used punching bag and some jump rope lol.

[@natalieitliongfechter6073]

Doesn't look like he's actually uses gym members with those flappy arms

[@jordanhughes3137]

Can someone explain the math on this to me? How does the rental income on 6 units at $12,500/month = $460k/year? How does his typical income top out at over $51k when his rental income monthly is $12,500 and his salary is the same? How is his rental income suddenly over $38k? The figures on this make absolutely no sense, even with tax taken into account…

[@Abdullah-do5gy]

“You can live to be a hundred if you give up all the things that make you want to live to be a hundred.”

[@williamtran374]

"Wife won't let us fly first class... Wife won't let me box" 😒😒

[@jabir_mohamed]

William Tran LOL I was looking for this type of comment. I died a little inside when he said that 🤣😂

[@ajsuflena156]

yep their literally just hoarding wealth

[@lawrencel2544]

Money doesn't buy you happiness? I can tell it won't buy fights with your partner.

[@izzyizaiah58]

He sound like a Simp

[@gabrieldamasceno3971]

Wife won’t let me get the box

[@lilysantos7427]

“We’re not cheap” Yes, you are siiirrr!!!

[@MrJMR718]

🤣🤣🤣

[@jaylovespti]

yes he is 😂

[@tingtingzhao]

Absolutely! I don't know why he saves so much.

[@briantate9189]

*spends 25 a month on food*

[@djosserperrah9563]

No cheap is getting low quality things and lifestyle, he is frugal because he still has a high quality lifestyle for low cost.. he eats out and has free vacations lol thats awesome. Honestly i would probably spend more than him but im glad he has a woman who understands its not about showing off. Thats why i will never take a first date somewhere fancy, if she dosen't have a second date with me then i know it was either about the money or she didn't like me but if you spend a bunch of money on the date she may date you for the lifestyle she thinks you will provide.

[@missdesireindependance5194]

I love how fugal they are and how they mystery shop instead of spending money to eat out.

[@Beuvely.Severe]

Lol right?!

[@bobgates6658]

He sounded pretty extreme from the jump but when he started talking about roommates while making 300k+ in a cheap Chicago suburb..... that just doesn't make sense.

[@BrokenStatues7]

I feel like there’s gotta be a limit somewhere... make $650k a year and still have roommates that’s a little ridiculous lol. You aren’t frugal, you’re cheap

[@samwhaddad]

Nah. If your not married in your 20s, having roommates is nice. You’ll get lonely by yourself.

[@saurabhdalvi-6679]

Not really. That duplex is too big for 2 people. So it kinda make sense to rent out the other unit.

[@thefitinvestor8803]

BrokenStatues7 room mates are only a burden when you can’t afford to get rid of them. Having them by choice, is a whole different ball game.

[@BrokenStatues7]

Saurabh Dalvi I understand renting the other unit.. but sharing your personal unit with roommates (while married) I don’t know haha. I mean clearly they know what they are doing so more power to them. Unfortunately life is unpredictable I think it would be reasonable to spend a little $ enjoying nicer things especially if you’re a millionaire.

[@freedomordeath89]

if you need roommates to "Not feel lonely", then you have serious social problems dude.

[@luvtotrade2009]

this is like watching a black version of Graham

[@PierreMiniggio]

The yin and the yang :v

[@serenellasalvato9878]

They can meet!

[@Brucelee89896]

his not black lol

[@riskbusin3ss]

luvtotrade2009 he’s not black, but I get what you mean

[@DHDivineONE]

@@Brucelee89896 he is black

[@HatshepsutEconomics]

Congratulations to this man. I made a vow. I will not make fun of anyone who is a millionaire. Yes he’s frugal. But he’s very young. I’m sure he’s doing very well. Most people are paying their rent. It’s only in extremely high risk in poor neighborhoods. No shocker. This man became a millionaire at 25. Why are we making fun of him. Good for him.

[@user-on7et9ok6r]

Youre ok with flying first class but you rent the rooms in your house instead of having a family home? Thats not frugal sir thats straight up bs

[@BeautifulBianka]

“ We’re not cheap” lmaooo says the person who rents out their ENTIRE house.

[@onzah3515]

If you had 50k cash first thing you’d do is buy a new bag and heels along with a car. That’s the issue. When I was 19 I turned 2k into 6k in 3 months by trading small cap equities that surged an average of 100% intraday due to fundamental fallacies and liquidity. Eventually I had 80k and I’ve always wanted to buy a jaguar sports car which was about 40k at the time. But here’s the thing when you invest and become lucrative your thinking changes. Instead of wanting that car I questioned myself and asked why would I spend 40k on a car when I can continue investing my 40k and triple it in a year? That’s why us investors are frugal. We see no benefit in buying luxury items. Why do that when I can continue trading equities and become richer?

[@ckantrel1977]

Onzah A W E S O M E mind to have @ 19years of age!!!

[@bertincastillo156]

@@onzah3515 teach me . I'm a loan officer. But I'm interested in investing and trading I read alot on it.

[@onzah3515]

Bertin Castillo Im in no position to teach anyone, I learned most of everything I know from observing stock charts, tracking patterns for a year and filtering out the ones with the highest success rate. Was not fun. I was lonely from 17 to 19 but It was worth it. If you really want it you’ll do everything in your power to make it happen. You can do it I know you can. Research and education is key

[@kingachiever]

lakechaney sound like your trying to profile and stereo type her

[@eric_geee]

All i heard was "my wife won't let me do this" "my wife won't let me do that".

[@mishkamn]

smart wife

[@veetour]

He’s gotta be firm with the wife and let her know he’s in charge of himself not her. Can’t simp to any girl or they lose respect for you.

[@bustamovehaha]

U got Selective hearing

[@jacobhasagun8402]

Simp

[@markomav]

@@veetour was just gonna say. trp advice

[@VanguardJohnson]

He's an amazing example of dedication. I don't think he should say it's 615k per years as "he makes". His wife contributes to that income by her expertise and how she put money in at the initial investment.

[@sherlockholmes882]

I loved this video. I know many people in comment section is probably trolling this guy but he learnt from his childhood that how hard it could be for a child to miss out the best part of life, to see their parents struggle. He is only 27, is a millionaire and has planned really well. He has done it so that when he finally have kids, they can have good time, travel around the world, have time to spend with kids etc.

[@opizacharyuhaulhascomeinmy2139]

he is traumatized from childhood i love their success but he needs a good therapist

[@madalyn_2091]

Came to comment just this

[@baxakk7374]

It's ironic, he would have to SPEND to see a therapist for his problem of NOT SPENDING. His mom would have to force him.

[@siphokazileratomalinga2969]

It seems like the wife is the one that is extra frugal. He did mention that he has tried to get her something nice but she isn't interested. I think if he had married someone else, he'd enjoy a bit of his hard earned money. They work hard man and should be allowed to spoil themselves. Did you see them sharing a can of soda in their own home😒😭?

[@Beautyinwverything]

Hmmm. He is so afraid of poverty that he is still living like he's impoverished. And his wife seems in control of everything lol

[@rtp1968]

Story Daniels : This guy is a genius! His wife knows what she’s doing!

[@freeinghumanitynow]

Reeks of MK Ultra antics.

[@TylerM633]

That’s an amazing wife way better than these gold digging shallow manipulative hollow selfish women of today all after money

[@RokeorDie]

@@TylerM633 While that last part is largely true about today's women, I've never heard a man mention his wife so much in anything. She ever cheats he's killing her and everybody

[@MH-et4bo]

Story Daniels she looks like a bunny boiler😂