Being late to the 401k game, I am maxing out contributions… 30K each year. I will be at 100K balance before year end!
@mszeszulski6 ай бұрын
That’s not possible
@wonderboy24026 ай бұрын
Are you including Roth IRA with that?
@chagothegreat6 ай бұрын
If he is at the catch up age he can contribute up to 30,500
@makaiokalahama6 ай бұрын
max is $22,500/yr
@JamOw866 ай бұрын
If he is 50 of age or more, max is $30,500.
@ryancoffee25006 ай бұрын
Dont forget that switching to Geico can save you 15% or more on car insurance.
@xiphoid20116 ай бұрын
Fun fact, Americans spends 20% more at restaurants than on groceries. Here's an easy money saving trick tight here, STOP eating out, don't be lazy, make your on meal. Save a ton in both money today and healthcare cost down the road.
@yourfriend41705 ай бұрын
Getting food cost as much as taking it out. I only cook when it comes down to salmon and shrimp , instead of taking out . That way it works out good 👍 the rest is not worth it wasting time cooking when i could be making money instead
@rahhjur6 ай бұрын
10:15 That cat saying "huh" was what I needed today.
@AndreiJikh6 ай бұрын
Ha! Love that meme
@Ubiquitous_16 ай бұрын
I come for the comedy and entertainment. The finance is just cherry on top. Don't ever change! 😂
@AndreiJikh6 ай бұрын
haha thank you!
@Kate-fn8rj6 ай бұрын
Same 😅
@willthekiller16 ай бұрын
im already 10k richer just by watching this video
@AndreiJikh6 ай бұрын
BAM!
@Starkham6 ай бұрын
Hit 247k today.Thank you for all the knowledge and nuggets you had thrown my way over the last months,Started with 11k in last year 2023 ..
@JackDespero6 ай бұрын
My idea when buying a new house is to buy a bigger one in case I have a family at some point, but rent half of it as I do not need it right now.
@yelenaklionsky6 ай бұрын
Just claimed $! We appreciate your hard work
@jonathanlane82506 ай бұрын
32 years from now, you will be 67😮 you are sooooo young, I am 35 LOL.
@ryangray6006 ай бұрын
Yall the same age?
@AndreiJikh6 ай бұрын
We're the same age! lol
@yuedans6 ай бұрын
@@AndreiJikhlol
@glennlee86716 ай бұрын
I wonder why no one is addressing robinhood's 3% yearly match for contributing to an IRA with them? This is free money! Andrei why have you not done any videos on robinhood's new features that benefit us?
@LordCruse6 ай бұрын
👀Fr? This would be nice for self employed individuals
@AndreiJikh6 ай бұрын
That's a great point! I didn't mention it but I should have!
@TheHoboReport6 ай бұрын
everyone seems to forget what robinhood did to us during gamestop....never trust them again. They arent the only ones offering the IRA match also
@glennlee86716 ай бұрын
@@TheHoboReport who else is offering a match? I have been looking minimally in my spare time but hadn't found anyone yet.
@glennlee86716 ай бұрын
@@AndreiJikh thank you. I love your content. I watch every video even if I'm not too interested in the topic purely for the way you deliver it.
@Cleighton6 ай бұрын
My side hustle is buying Veve NFTs
@AndreiJikh6 ай бұрын
That makes two of us
@JA-ob6zz6 ай бұрын
Andrei going crazy with the videos
@ToeKneeT6 ай бұрын
Here for the magic and only fans! 😂 Finance and investing is just the icing on the cake! 🎉
@marzbound6 ай бұрын
Just claimed $831
@AndreiJikh6 ай бұрын
Holy crap congrats!!
@crypturilia45686 ай бұрын
Congrats. Love it.
@Itsallgoodtogo6 ай бұрын
I think I got it ... I should buy a new 4k paragliding wing.
@jdhuh16 ай бұрын
MaJIKH Mondays here we gooooooo 😅
@komogo11556 ай бұрын
Just the video I needed thanks dude
@AndreiJikh6 ай бұрын
thanks!
@Menuseto6 ай бұрын
I've never seen you so seamlessly integrate so many advertisements.
@AndreiJikh6 ай бұрын
Which advertisements?
@RhodyRique6 ай бұрын
Learned this a little while ago. IF you are with a company that is a little volatile find out what the (vesting) period is because most companies have a 5 year period.
@kruidenrekje80816 ай бұрын
Just turned 17, this year my goal is €18k.
@cg90536 ай бұрын
Just claimed $254!
@crypturilia45686 ай бұрын
Congrats
@elidumas3636 ай бұрын
Dang! I smashed the like button before you asked for it.
@Plantation19846 ай бұрын
Your videos are so entertaining. I learn and laugh. Your editing cutaways are really funny. Keep it up, bud!
@petermavus41316 ай бұрын
For awhile there...thought i clicked on a Las Vegas act
@AndreiJikh6 ай бұрын
For a while there, it was
@wedgtable6 ай бұрын
Another really important thing to remember is that there is a limit to how much money you can save from your income, but there is no limit to how much money you can bring in. So being frugal is important, but growing your income as much as possible is much more beneficial!
@fishyi58936 ай бұрын
love you andrei!!!!! STILL WAITING ON THAT BATHWATER!!!
@AndreiJikh6 ай бұрын
Oooooo I have at least half a dozen buyers!
@SoulSolace126 ай бұрын
Tfw you forget to factor in your company's 4% match into your spreadsheet. FREE MONEY.
@dhenderson676 ай бұрын
Love this! Continue to convince us to spend less so inflation will slow down and Papa Powell can cut rates!
@brandonl1296 ай бұрын
dawg if i cut my spending by 10k id have to choose between eating or having a car
@1character.6 ай бұрын
I'm now coming here for the comedy and staying for the finance (which is also great but no match for the humor...). The only fans 😂😂😂
@AndreiJikh6 ай бұрын
LOL thanks!
@goasu1516 ай бұрын
Thank you
@KampsKnows6 ай бұрын
I’m all for less reckless spending.. but when you don’t do excess spending and your expenses are costing more by 40-50% (thanks gov) it’s hard to get ahead.
@barbiec43126 ай бұрын
This was so great and helpful. Love it!❤
@AndreiJikh6 ай бұрын
Glad it was helpful!
@jesusp36886 ай бұрын
Hey Andrei where do you find these electricians…so I can make an account
@AndreiJikh6 ай бұрын
LOL, task rabbit
@durkderrickbanks26165 ай бұрын
Your voice is so clear and good what mic is that
@BlandRoamer6 ай бұрын
Came to learn, stayed for Taz!
@chetubetcha45126 ай бұрын
By the time you save 10k it’ll be worth 8k 👁️
@isasarmisegetuza85496 ай бұрын
when you say cut spending $400, do you mean monthly? btw, thank you for all the great content
@AndreiJikh6 ай бұрын
Yearly! Thank you!
@youknowwithMartyKauffman6 ай бұрын
Are those videos public because I would like to see them?
@alexconstantine1926 ай бұрын
Please make a video explaining something; why is a strong labor market being blamed in part for inflation? The Fed basically seems to be saying in part that inflation is bad because unemployment isn’t high enough, please explain.
@Babylionhotshot6 ай бұрын
Bro your a beast. I have may channel and you are my inspiration. You and Graham
@AndreiJikh6 ай бұрын
aww thank you!
@TheEpicAverageMan6 ай бұрын
Only colombian fans jeje smash that like brothaaaaz
@Whgftvc6 ай бұрын
I'm still wondering about the title of the video and explanation in it. What is the point of this video when you dnt have content in it.
@Under5103 ай бұрын
Very helpful tips!
@EmilyGloeggler79846 ай бұрын
Problem is learning valuable skills take even more money and time to learn.
@freddyrey68866 ай бұрын
At retirement I would be wealthy but no energy to do things. What’s the point of saving so much for.
@brandonc24016 ай бұрын
😂
@JPumpkinKing6 ай бұрын
I turned my side hustle into a full time job that supports my family. I make Halloween animations, and have become one of the leaders in the niche.
@driftingintoretirement6 ай бұрын
$10000, is a great some to save. Just reduces the stress in your life. Also starts you on the investment journey.
@videowatcher5496 ай бұрын
Did I miss the $27 rule?
@notxasj6 ай бұрын
Maybe part of spend less. $27 a day will get close to $10000 in a year.
@Resist46 ай бұрын
Why don't you have a link to all these suggestions? But I would never rent out a part of my house to a total stranger!
@BPaceTheDirector6 ай бұрын
& the award for sickest intro isssss
@Michael-jd5vf6 ай бұрын
Companies don’t do match anymore. They got stingy
@teresahunt55216 ай бұрын
I'm 4k away from being debt free. Living expenses are LOW because I'm a tightwad/cheapskate. Time to start throwing money at my old age account. I don't call it a retirement account because I don't plan to retire. Find a job you love. Stay healthy enough to excell at said job. Get paid to have fun every day. Cook at home and eat well. 💪💪
@cryptowire6 ай бұрын
Just buy Bitcoin 💪🏽
@ddbb66186 ай бұрын
Mmmm, this sounds like taxable income ... especially renting out a room, I'd be careful the IRS doesn't want their slice and get upset you forgot to tell them.
@oioisa6 ай бұрын
Andrei i’m also getting married in July - in Australia - you’re invited too!
@pabloalejandroperez6 ай бұрын
Great to see new content on Monday!
@calebcarl89196 ай бұрын
Thank you for everything
@redinthehead68436 ай бұрын
Andre, I thought you were supposed to put 10% in your 401k!
@Robertshivdas6 ай бұрын
Make video about Ethereum SEC !! Is good future ETH
@samuelclark80646 ай бұрын
wait, did you just spin a whole deck of opened cards on ur finger?
@AndreiJikh6 ай бұрын
I think so...
@sivaprasad11106 ай бұрын
Hey Andrei, I saw ad you got an opportunity to ask questions to Dave Ramsey is it true?
@cryptobeezy6 ай бұрын
67 and still young lol still have another 30 years to make another milly by 97 lmao absolutely love your vids I'll watch anything you post very informative and funny!!! Everybody better smash up the likes!!
@GoodKyn6 ай бұрын
You have a podcast?!
@00076Paint6 ай бұрын
Is audible a good side hustle?
@notxasj6 ай бұрын
No. It's very time consuming. Unless you've already got lots of voice acting experience and a soundproof recording area you'll get frustrated before you ever finish the first project you attempt. Try practice first just recording yourself reading a chapter from any book around your house. Also do this with something like Audacity to get an idea of what the recording software is like and then when you playback you can also hear how much background noise gets picked up. Even if you think you did an awesome job in just a couple tries you still have to meet the expectations of the person paying you to do the audio recording. If they aren't happy then you have to record again.
@coltonwilliams15656 ай бұрын
10k ain’t enough. need to be saving like 50k a year at least
@PlaybookEmpire6 ай бұрын
Good tips
@svetlinkarachorov42086 ай бұрын
I just want to say my expanses are around 450USD per month and if I want to save 400USD from that I will have to spend 50 dollars per month. If I have to save 10 000USD per year that means I have to spend -4600USD per year. Just saying.
@jonathanlane82506 ай бұрын
No roommate 👏👏👏 Congrats
@AndreiJikh6 ай бұрын
Wooohoo!
@brentpinard54696 ай бұрын
Just found some unclaimed money that is owed to my wife. Thanks
@shawnstewart90256 ай бұрын
Someone say free money? I'm here!
@gianpaulgraziosi61713 ай бұрын
Andrei…you’re invited to our wedding. *Cue Borat Bag*
@GinaSabatini-y1x6 ай бұрын
What is the $27 rule????
@d025755756 ай бұрын
Man dude You rock
@bop3216 ай бұрын
What if im working as independent contractor
@damplk6 ай бұрын
I love to watch your videos!
@edward.miranda3 ай бұрын
Wait… aren’t you the cardistry artist from Theory11??
@adamcredit35276 ай бұрын
You should do a video about if Biden does unrealized gain taxes and what to do to protect your money.
@RockRex-lx7lg6 ай бұрын
Hey everyone, have you been following the recent developments in the money markets?
@Stevierockie6 ай бұрын
Yes, I've been keeping an eye on short-dated financial assets like treasury bills and commercial bills.
@pengily_emi6 ай бұрын
It seems like there's been some volatility lately, especially with interest rate changes.
@Stephenrogzyyy6 ай бұрын
@@pengily_emi That's true. It's crucial to stay ahead of these fluctuations to make informed investment decisions.
@mimhosseini66726 ай бұрын
Love your content.❤
@AndreiJikh6 ай бұрын
thanks!
@mimhosseini66726 ай бұрын
@@AndreiJikh but we don't have 401 and also good economy in Iran. But I'm trying my best to save and invest my money and you're helping a lot. Tnx.
@JamesJameswat6 ай бұрын
Was this not a Nextdoor ad?
@AndreiJikh6 ай бұрын
Nope, not sponsored
@JamesJameswat6 ай бұрын
Was a good ad for them, should land them as a sponsor
@MoiseNicolas6 ай бұрын
Come for the finance and stay for the… 😄
@bitcointhug6 ай бұрын
People are pushing that 401k sooo hard right now…lol
@pank5246 ай бұрын
Smash that like and been subscribed where's my Hundo
@TT-by7tv6 ай бұрын
I put 5K every month into my taxable account..... on top of maxing out my 401k 30K. Then my company match is 17%
@patriotsouthern81236 ай бұрын
First step: Pay bills. Second step: broke.
@Rafiya_begum-7866 ай бұрын
Hello ❤
@davidpaz37266 ай бұрын
I laughed too hard with the HR joke and Louie the cat! 😂😂😅😅
@MydailydadlifeАй бұрын
Wow, i had $144 un claimed.
@JordanGonzalezvlogs6 ай бұрын
Dope video my G🙏🏼🖤🥀
@mustbeice6 ай бұрын
Put 20% of your monthly income in low market cap crypto until BTC hits its next all time high then sell and boom, 10x 😎. PS only do this if you’re under 30
@NWforager6 ай бұрын
Food bank .
@jeffkukkee6 ай бұрын
2024 is the first year that your roommate free???? Sorry to hear that my Man!!
@AndreiJikh6 ай бұрын
haha thanks
@harmwon6 ай бұрын
Ok this this same way to make money by buying veve coins.
@magnolya86 ай бұрын
States have unclaimed property monies too. Look under your name, your parents name. 💸
@Jeguia856 ай бұрын
Please don’t do Turo, my vehicle was taken to Mexico and my cousin’s car was wreaked. Among many horror stories.
@AndreiJikh6 ай бұрын
Everything takes risks! Be careful
@husa6286 ай бұрын
Any one has a bowflex for free? lol The bowflex joke, love it , génius. Great vidéo, love your content from Québec Canada!