I Quit My $140,000 Job After Learning THIS About Money

[@humphrey]

Let me know if any of this resonates with you by leaving a comment. Check out my free Newsletter (2x a week) ➭ humpdays.substack.com

[@xavi-ro]

This is my story... I started off making $185K at Amazon as a Software Engineer. Transitioning into content creation, I soared to $300K in my first year by selling my products. But over the next two years, competition surged, KZbin views dwindled, and industry layoffs hit hard. I was once a big name in my native language niche, but times have changed. So, am I living the dream as a CEO? It's a mixed bag: I have a big team, put in 80-hour weeks, love what I do, and I'm grateful to be nearly retired before 40... but my income is just half of what it used to be. 😅 "Leaving the rat race is hard, staying out is even harder." Still, I'm pushing for a comeback, giving my all, and hoping for the best. 🤞

[@timisaac8121]

So you made a bunch of cheddar. You put some away and still live a big lifestyle with all that is presented to you? Is this about right? You quit and you won't do it again. But you want the lifestyle things, the house in the good location, which at 6% gives you a healthy bit of cheddar annually too. LOL. I am surprized you have so many subs: maybe they are all collecting cheddar too.

[@ProgramadorX]

I wish I could have retired in my 30s! 😅 Unfortunately, growing up in Ecuador, aiming for more than 1K/month was challenging and I skipped my financial education classes. 😁 Great job retiring before 30 @muisoui! As for the "cheddar," no regrets! 😂A big chunk of what I earn from working 80 hours a week goes to pay my colleagues. It's a lot of hard work, but thankfully, I enjoy it.

[@MichaelGabreil]

I wish they taught investing at school level. There is so much advantage to doing this! My biggest regret is that I started so late. And still not good at it, I think at this point i need help

[@ClemonSteve]

I wish I could have retired in my 50's. I'm 65 now, I started investing late . After some research, I found a strategy that helped. I'm pleased to say I'm retiring with at least $2 million.

[@MichaelGabreil]

@@ClemonSteve It’s worth noting that luck often plays the significant role in some cases, sometimes even more than the resources involved. Without it, its challenging

[@ClemonSteve]

@@MichaelGabreil luck plays a part, especially in the short term. I noticed that when results remain consistent, it indicates something more than just luck. research was the challenge until It led to Julie Ann Lerch, a fund manager. her strategy made sense, it contributed to growing 950k into this and counting

[@MichaelGabreil]

@@ClemonSteve Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon. I emailed and made inquiries. Thanks for the help

[@MegatPage]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[@EleanorBaker474]

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

[@StocksWolf752]

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

[@DilaraKamelya]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you?

[@StocksWolf752]

Sonya Lee Mitchell maintains an online presence that can be easily found through a simple search of her name on the internet.

[@User12345fan]

This is how the typical internet scam is structured today on comments, people stay away.

[@sarahill4397]

This was exactly what we needed today. My husband turned in his resignation this morning. He will be starting his own business in just a few weeks. He has the advantage of having a pension to fall back on, and I am employed, but wow, you hit every reason he is retiring early on the head. Perfect timing for your video!!❤

[@jboogie5992]

Hey not to sound dumb but that’s a pension and what business is your husband starting good luck to him.

[@dw734]

If he's going to be successful he's going to have to work harder than he ever has. Be prepared to support him a lot. The sacrifice is well worth it and it pays off big time after several years.

[@noname-mm9of]

Damn… starting a business is no joke.. wish you all the best.. please don’t give up

[@frankfeng6199]

The "you don't actually need that much money to have freedom part" is what I learned Bought so much stuff that I enjoyed that I had to keep working to maintain it, then I realized I didn't have the time or energy to enjoy it... so I sold a bunch of it, spent less and had less, but still enough to enjoy and now I can do whatever I want almost whenever I want! Thanks for putting that into words. I hope other people learn that too. Lifestyle inflation/creep is a killer.

[@Crystal_On_PawZz]

U made me learn it tysm u gained a like

[@metagaminguniversemgu2240]

Reminds me of of that line in Office Space, Protagonist: "I want a million dollars to do nothing" Neighbor: "You don't need a million dollars to do nothing, man, take a look at my cousin, he's broke and don't do shit." LOL

[@hikingpeaks4377]

I was in equity research/investment banking on Wall Street as a female, and quitting that job definitely felt like a failure, but I'm much happier now. At the same time, cutting my daily expenses put me in a much better place financially. It took me about 20 years to figure it out while you figured it out very early. Kudos!

[@tw8464]

This is an excellent take on everything. Went through similar realizations. Realized my time is priceless.

[@christopherdibraccio4321]

You voiced what everyone doesn't want to admit. The company looks at you as replaceble and if you don't have a good amount of equity you won't be able to create wealth. Loved the hours of the day breakdown, because at the end of this life, all we have is time, and we all need to figure out how we want to spend our time.

[@Madchris8828]

Sometimes high stress high paying jobs aren't worth the mental or physical health degredation you may have. Also depends on the tax bracket you are in and what state as well.

[@ryebread447]

Agreed!!

[@smileyspoon1]

There are high paying jobs with flexibility and work life balance... Relatively speaking. I'm an analyst and I work about 45 to 50 hours per week. Doable as long as you can be flexible. Working 60 constantly would not be worth it though.

[@Madchris8828]

@@smileyspoon1 like a data analyst or something? If you don't mind me asking. Genuinely curious. (A lot of the high paying high stress jobs I was talking about was mainly in big tech coding/)

[@smileyspoon1]

@@Madchris8828 Yeah a data analyst. Once you get on the track and eveutally make it to lead position, you make roughtly around 160k-200k depending on experience. It's a decent paying job for I would say about 45 hours of work per week on average. Can be either remote or hybrid too which is a bonus.

[@nicolasbenson009]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[@KarenLavia]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@hersdera]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@SandraDave.]

Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@hersdera]

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@CraigLloyd-fz6ns]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

[@deepeasttexasoutfittersllc5679]

Been making over $150k working shift work at a chemical plant in Houston since I was 22. Working anywhere from 36hr a week up to 80hr plus. Waking up at 3am to make shift is part of the job. Working nights weekend holidays we all can’t work your basic 9-5 during the week. Hats off to the police firefighters doctors nurses and everybody else making the world go around.

[@DorathyJoy]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[@Hectorkante]

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

[@RaymondKeen.]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@SandraDave.]

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

[@RaymondKeen.]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@BurritoSupreme42]

4:42 nailed it. I was just gonna comment on this. Many people new to startups fall for this and as a result end up in a position that really doesn't provide the returns they expect

[@Benjamimic]

As a 20 something in their first tech job this was a good video to watch, I appreciate it! I feel pretty lucky to have a great work life balance in Test Automation where the code does the work for me, I have "unlimited PTO" (direct manager policy, not company policy), WFH 99% of the time, and flexible hours outside the core team hours. Eventually we all get to the point where personal time outweighs the value of money so everyone should try their best to push for a good work life balance. Who knows, maybe the 9-5 5 day work weeks will become a thing of the past eventually.

[@stephans1990]

The thing is, the vast majority of people who will try to get rich by quitting their job and betting on starting a company to make it big, will either fail, be barely able to get by or at least make less than they could have made in employment. It's really a small portion that will truly get rich. So by pursuing this dream that has a 1% chance of making you crazy rich, you are forgoing other career options that might never make you a millionaire, but might still pay pretty okay for a lot less stress.

[@Trumani]

That's exactly right. This comment should be pinned. I like Humphrey was able to make it work for him, and it's really cool to hear his story. That said, this is the "sexy" answer. Forge your own path. Make money your own way. We may think our jobs don't give us any free time, but being an entrepreneur is way more time consuming. I saw it first hand growing up. My dad worked his ass off. I decided I wanted stability. I found a job that values work-life balance and that is relatively safe. They're out there if that's what you value. Sure, I don't have the flashy salary, but when I do that math of actual hourly rate based on number of hours worked each week, it looks a lot better.

[@irisflower9030]

This! I just posted a comment how my and my husband’s careers got us to a 2 mil net worth, early retirement projections, and being on track for a 40mil investment portfolio to pass on to our kids. All we had to do was be financially responsible. We’ve always travelled and enjoyed things that were important to us, so it’s not like we were very limited by our financially responsible decisions that much. Interestingly, all my close friends are in the same boat. Built wealth through careers and responsible living in their twenties and are now reaping the benefits in their 30s and 40s.

[@drcatrinaking]

This might be extrapolation, or misrepresentation of data. The fact that most new businesses fail doesn't necessarily correspond to "most people who quit their jobs to start businesses fail." Successful business owners usually don't quit their jobs until their businesses become successful. Many successful business owners have two or three "failed businesses" under their belt. Being a successful entrepreneur is more about courage and perseverance than it is about winning. Most people fail a few times before they get things right.

[@jjdelamo6246]

real estate investing is one of the "easiest" side business while you are still employed. Thats what I did, now I have 3 paid off rentals managed by prop mgmt co., giving me $3,000/mo net income. I also have high yield ETFs (QYLD) that provides additional $1,000/mo in dividends. With $4,000/mo passive cash flow, I retired. I am 58, single, divorced, debt free, retired in Manila and Las Vegas (50/50) At 62 I will collect soc sec of $2,300/mo.

[@stephans1990]

@@jjdelamo6246 higher interest rates and new laws on rent control have made landlording unprofitable in my country unfortunately. Many people have started selling their rental properties.

[@tonysilke]

I love how you take your time to educate your viewers we all strive towards financial stability and a better Life. It is easy to achieve this through the right investment, by living frugally and budgeting. I'm glad I learnt early in life to work hard for financial freedom

[@sattler96]

Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.

[@Nernst96]

Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.

[@PatrickLloyd-]

I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years

[@jessy830]

Interesting, I could really use the expertise of this advisors, who's the person guiding you?

[@PatrickLloyd-]

Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@justinmyser]

You can't just breeze past a pic of you meeting Arnold and say nothing. Lol

[@humphrey]

LOL

[@ShawtonS]

So true !

[@AdventurousMal]

😂😂😂

[@briimarie2218]

​@@humphrey"LOLs and yet you still give no explanation..... It's not bragging if you just give us a little explanation in a comment hehe

[@jpandyaraja]

it all depends...some times a high stress job if if earns you several millions in salary and bonus, despite the stress factor is ironically the least stressful way to get rich. Mind you I did start my own businesses in between...but I have never had luck being self-employed, luck is a factor too. The other trick is, even if you are earning great money at a stressful job, I found it best to quit before you burn yourself out..Burnout is the chief problem with high driven individuals..Most driven individuals will get it at some point, its simply a reality..

[@Runningmaster2025]

I appreciate your candour and brutal honesty. There's too much hype and romanticized talk about being an entrepreneur

[@vohdben]

Unfortunately most health care and retirement plan are tied to employment with corporate. It made us feel more dependent on the job. Do you have any recommendation on how people can afford health care plan without a corporate job?

[@gravity_dog]

Also one thing you didnt point out was the huge tax implications of owning your own LLC vs salaried. If you're paying taxes on a salaried job of $140k your take home pay is actually $105k-$112k. Owning my own company gives me so many tax loop holes its ridiculous

[@BecBec2015]

best financial podcast out there!

[@NatS8445]

Thanks for the advice. Im currently 24, in a field where i also feel ive plateued in what i can learn and have to wait so long just for simple projects to move forward. I will be soon working only 2 days a week there as it funds my bachelors for free and there are good stock options and my pay more than covers my needs. The goal is to eventually give myself the freedom to use my time in a more effective way, giving me more options to make money and paths to pursue. Best of luck to all, keep pursuing your dreams!

[@richhands5269]

My three favorite channels: Humphrey Yang, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[@humphrey]

I appreciate that!

[@BostonCycling_]

Check out @ModernMBA if you like these ones

[@jacobawojtowicz]

What's your favorite podcast and why is it The Money Guy Show?

[@Dynasty1818]

Must be a super depressing week each week

[@LeveragedFinance]

Same bro!!!!!

[@unlirise5479]

I used to spend a lot of money I have not yet earned on a muscle car… I looked flashy but I was broke. By the time I decided to trade in my muscle car for a preowned Prius, my dad told me I dont look successful anymore. I still did it anyway. In a year I paid off that car, went from -55k net worth to 300k currently in just 4 years. My family still thinks Im broke coz of the 8 yr old car I drive. Lol Live simple. Stealth wealth.

[@kueyang6232]

I am enjoying these new videos, very down to earth and relatable. Keep it up.

[@humphrey]

Thanks, will do!

[@tHebUm18]

The cold hard reality that being truly wealthy is almost always a result of luck (by birth, by being in the exactly right place at the right time career-wise, etc.), not skill, ability, or hard work. I may never be truly wealthy, but feel I'm doing well compared to most: low-mid 6-figures, job that is actually fairly enjoyable/making positive change, good work/life balance of realistically working 30ish hours a week, reasonably secure/not expecting to be laid off.

[@LuisAndrade-vc2zp]

That could be true. I’m 20 years old work a 50k job and have 30k saved & invested. I pay cheap rent $300 a month because family home is a duplex and other renters are being charged more🎉 All thank to my family I take great advantage to build wealth

[@Donalddavies-gc9rb]

I’d be retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.

[@AnnaWoods-rm7cf]

you should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a local or trusted online broker/plannner

[@SamanthaSanchez-sj5el]

Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 61 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an plannner to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.

[@simone_maya]

this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019...

[@simone_maya]

at this point, i'm in need of guidance, can you point me?

[@SamanthaSanchez-sj5el]

I’ve shuffled through a few experts in the past, but settled with ‘Monica Mary Strigle’.

[@stocksxbondage]

Age 30. Working anywhere with internet. With performance bonuses, 120k+ for 45-50hrs with 160 PTO hours. Plenty others make more than me. But I sort of already have the freedom I want. I also get a 1hr break for lunch so I’m not staring at a screen too long. It’s hard to leave this job in a low COL city with my wife who earns almost as much as me. I also find my job easy (sorry they’re not hiring rn). I say this to say corp jobs get a bad rep, but some of them are great! From what I hear entrepreneurship never stops being stressful and demanding… just something to consider Edit: To be clear, I worked at this company since 2018. Started around 50k, then 75k, then 90k, etc. It didn’t look great at first, but some companies actually do have room for upward movement and pay raises. The job hop strategy isn’t the only way.

[@humphrey]

To have freedom of location is really nice. Congrats, and yes, entrepreneurship is 24/7.

[@GentleBrawl]

Great insight. Social media is always feeding us this consumer and hustle mentality. But we need to think about balance and alternatives to what is being preached nowadays.

[@stocksxbondage]

@@GentleBrawl exactly. Not trying to limit people, but not everyone can job hop and get 10% raises every time. Not everybody can become a successful entrepreneur. If everyone did it, it wouldn’t be lucrative. Sometimes the boring, slow-steady route can be good for you (if you don’t have a specific dream).

[@Changsway]

Been steadily watching your videos as they pop up and thoroughly enjoy your down-to-earth personality and calm voice. Really happy for your success and wishing you the best of luck in 2024.

[@humphrey]

Wow, thank you!

[@hullbruce]

I'm glad to have stumbled on this video as it is an eye opener and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.

[@DanielPanuzi]

Consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.

[@Higuannn]

@@DanielPanuzi I agree with you mate, I have found it takes someone who is very familiar with the market to make such good picks. so i reached out to one that appeared on CNBC news in 2020.

[@hullbruce]

@@Higuannn I buy into the idea of using an expert but i do not know how to reach one, can you help?

[@Higuannn]

@@hullbruce My advisor is a lady and goes by the name Alicia Estela Cabouli I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@Higuannn]

My advisor is a lady and goes by the name Alicia Estela Cabouli I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@kenziedicken9512]

i am always interested to hear about these finance gurus opinions on field sales employees. i sell medical equipment to health care providers and i feel like i am part of the business. the pay is good it’s salary and is not directly tied to time but it is tied to performance. so in a way it’s an entrepreneur style way of thinking yet you’re not putting up the risk as you would from starting your own business. but you’re still an employee at the end of the day so i’m interested to hear thoughts on this. i feel like i have lots of time freedom and a flexible schedule, pay is really good, and i dont feel like my time is directly tied to the income.

[@humphrey]

I think thats really good :)

[@kenziedicken9512]

@@humphreythanks Humphrey! love your content and advice❤

[@cyyylas]

The more u work the more u attract opportunity, i have no explanations to that but i guaranty u it works this way

[@humphrey]

word!

[@jacobawojtowicz]

The best thing I did when working 3 jobs in the brokie days was to set a good impression/reputation about my attitude and work ethic. I DJed a company Christmas party one weekend and now I've worked at said company full time for 2.5 years.

[@Madchris8828]

That very much depends on the job you have. A decent amount of jobs give you nothing

[@Deltriguy]

Kind of curious here since you seem young enough. What exactly do you do to generate income then?

[@obesia1873]

Your life is honestly my dream. For me, what's difficult is finding that one idea I'm willing to go all in with. Not due to a lack of ideas, but due to having too many

[@Enchanteralle]

I agree about trying it out as a side hustle before transitioning to entrepreneurship. I did that for about 3 yrs before I took the risk to leave my day job. I also don’t have a ton of responsibilities or loans, so I had the privilege to take the risk. I also remind myself that I can always go back to working for a company if my business fails, but not to think too far ahead because a lot of things can happen in a personal business. Thanks for sharing!

[@BostonCycling_]

Love the videos dude I appreciate how personal this channel feels compared to most financial oriented ones

[@humphrey]

I appreciate that!

[@kimberlychin1996]

I love the little snippet with Caleb Hammer. That was a funny short! Thanks for your insight too.

[@bvogt]

I will never work for someone else again. I decide how much I make AND what kind of impact I make in my field. That's uber freedom, and I feel like I just lucked into it. I've got a diversity of main and side hustles that all tie together, and plenty of runway -- even if I do make a stupid expense that is my dream and I see being the next rung on the ladder.

[@tha073926]

The thing about a business is that you will need to pay for your own health benefits which is extremely expensive for super crappy coverage (unless you can get coverage from your spouse). On top of that you will be easily working over 40 hours to try and make your business successful. So definitely agree with you that it's not for everyone.

[@SuzanneU]

It's definitely not for me! My enterprise was making money but it cost me enormous amounts of time and stress.

[@diabolox1272]

Next video will be : I found a wife !!! Then.... How much a baby cost ?!? Then.... How the hell can a divorce be so expensive ? Then..... How to avoid paying a pension for my ex wife ?

[@humphrey]

haha

[@chris_sotura]

What a great insightful video. Thank you for sharing your experiences in your career.

[@pzela86]

@humphrey spot-on observations, I was telling a friend the same thing the other day. To attain our financial freedom we must be mindful and intentional with our money. We have to decide between what is a choice and what is a necessity, truly then we can attain our freedom.

[@rupanhossain4372]

Thanks for all your great videos. Off topic question: what keyboard do you use?

[@peterh3213]

I use wireless keyboard

[@ryansomers9440]

You worked for a year, saved up that year to take a year off. That employment effectively was paying you 2x cost of living. 90% of the workforce does not earn 2x cost of living. This advice is for high income earners

[@tommyortiz6623]

At that high income I would’ve just stayed and saved it all! It only takes 20 years at that high income to generate enough money to retire comfortably

[@EcomCarl]

This is a stark reminder of the reality in many corporate settings. Securing equity or ownership is a crucial step towards true financial independence and wealth creation. Always seek opportunities where your contributions are not only valued but also rewarded with a stake in the success. 🚀

[@nattiefreeze2079]

I cant afford to quit mine, at least not yet as I keep getting smoked on stocks. Need to dig myself out of this rut

[@CharleneCong]

This video really resonates with me! I was in a similar boat, earning good money but feeling like just another cog in the corporate machine. It hit me one day how much companies really don't prioritize our personal growth or well-being. That realization was my wake-up call, and I made the decision to quit my job too. It's liberating and scary, but so worth it. Inspired by your journey, I'm actually working on a video to share my own experience and insights on stepping away from the corporate world to find something more fulfilling. Can't wait to share it and hopefully inspire others like you have!!

[@EricAndradeMusic]

I don't really have a career. Started doing instacart 3 years ago and it's working out quite well for me. I have a ton of money in Bitcoin and Bitcoin related stocks at the moment. I've decided not to put my energy into a corporate job. I simply don't care about work titles. They mean nothing. I care about money and getting it. Everything else is irrelevant to me. I believe Bitcoin is going to make me the most money in the next year so that's where I put my energy. Not some silly job with a silly job title that is used to impress others at social gatherings.

[@Sparklepony718]

Do you have any tips on career strategy oriented towards more opportunities? My problem is I’ve achieved financial freedom but since it came from just getting lucky as an early employee at the right companies I find people who are more senior or accomplished in their careers can access more opportunities such as becoming advisors or board members, speaking at conferences, consulting, and influencing policymakers. Many people told me that even though financially I can technically do whatever I want, to have the most opportunity I should still probably either start my own company or try to become a top executive somewhere to gain the kind of credibility that will open doors.

[@humphrey]

this sounds like a networking issue. Are you making some contacts and trying to help out with free knowledge exchange? Try that. Maybe have some coffee chats with industries and sectors youre interested in. Just reach out on LinkedIn, say you want to learn more, etc. Eventually good opportunities come your way if you trust that process

[@robertflannagan6093]

The corporate world can be cruel, when you get a taste of money and then lose it, do too no fought of your own,

[@fuzzy3440]

Wasn't there a report recently that $150k is considered lower middle class in LA County? I'd imagine the San Jose area is even higher. So you're $140k a year job was actually not very good pay for that area. I don't think enough people do the math. I make more than that living in San Antonio, so that's the equivalent of making $300k in San Jose.

[@enricomangalindanjr6537]

Very relatable and resonates so well! Thank you

[@humphrey]

thanks Enrico!

[@ebayseller6040]

100% right decision. my biggest issue with job is "regret". what I can and could have done with business vs making someone else rich for the rest of my life. I'm choosing myself here. yes its a struggle but I got this

[@jackreign67]

The problem with a lot of people is they always think in terms of spending and not in terms of investing. Great video as always

[@humphrey]

Very true!

[@GOxHAM]

May I ask how much you had in your savings and investments before quitting your job? I know everyone’s number is different, but I would like a reference point. I want to follow your footsteps and start a business without the burden of working a main corporate job.

[@AnonMan85]

I think I remember him mentioning it in another video, 50k

[@chance_entertainment]

great video... highly relatable.

[@HanumanVonZibben]

Thanks for nice examples for your own experience

[@humphrey]

My pleasure

[@benvel2302]

Too all of the non KZbinr people that have normal love, don't quit your 150k job. You get paid that for a reason, don't discredit your skills, talent and perseverance to be better than the rest

[@abhis9353]

Actually you made more than many businesses not just as a VP at NVidia but any senior level employee who worked there for more than 3-4 years

[@rhiox412]

9 to 5 are 50% of waking hours , not 35% ,even wost, that if you dont count going in and out to the office

[@alexdiaz1492]

As you’re young, you figure that you will hit a certain peak of income earning and that peak of earned income would be sustainable for the rest of your working life but in reality it isnt. I view my 10-15 year plan (as a 26YO) to utilize that period to rapidly pay off any substantial debt like a mortgage. If that is covered, i would assume i can begin to slowly reduce my income and responsibilities to then live a life that is suitable and desirable. Truth is you dont need all this excessive money and luxury to be happy. All I want are close friends, a healthy family, needs met, and personal projects that fill my time with passion.

[@Ubiquitous_1]

I just want financial freedom and financial security for when I retire... as does the next person. 😊

[@ce6ej]

Dang bro. You were making double what I make 😂. I live in rural NE Ohio though. Prices on everything aren’t nearly as bad where I’m at compared to bigger cities/areas.

[@DrJoySmithMaxwell]

This vid. is better than most of the other vid.s, though . 😂

[@spike0nu]

Many of your points can be solved with collective bargaining / unionized workforce

[@nevermind0143]

Fire content 🔥

[@Sleepwalker9]

I am at the stage of my life where I realize working 50+ hours a week doesn't justify the seemingly ok salary and it became unsustainable as I grow older, which leads to the question this video trying to tackle at least on some aspect. Thanks for sharing, it certainly is helpful!

[@humphrey]

im glad it was helpful, you arent the only one feeling that way!

[@Peteliao]

I was going to quit my job as well, but them my boss gifted me a Rolex watch for my hard work and said I was one of the hardest working people she has seen. Now I feel bad going to her to put in my 2 weeks... =( what should I do? Just some data points: salary is 180k/year with 10-15k bonus, work hours 45-55 hours a week. What do you all think?

[@i-hsuanalisathompson359]

The real question is that do you like the job and happy with the hours you are putting in now? And what are you pursuing? Is it your dream job or just another slightly higher paying job. If you are going somewhere that is better for you, I’m sure your boss will be happy for you if she’s truly admire your hard work.

[@lyl3645]

Sounds like a good gig, unless you got something even better.

[@xiphoid2011]

As the old chinese saying goes: 先苦后甜，bitterness comes before sweetness。 Work hard when you are young, whether it's during school or your first couple of jobs. The idea is work harder when your time is less valuable (when you are young), so you can reap the reward later. Studying hard, get that full scholarship for college, finish that graduate school for a six figure salary out of the gate, then earn that couple of promotions within first few years of your career. Then you are reap the reward of a higher paying (2 ranks up usually pays twice as much for not much more work), and is harder to replace (fewer competitors with comparable skills). Also, don't forget making that big bucks in your 20s/early 30s allow much more compounding to make you rich. An extra $100K invested 30 with a 10% annual return, means it' becomes an extra $1.8 million at 60 (compared to extra $100k at 40 only turns into $672K). So do what Asian parents teach their kids. 先苦后甜。

[@xxlaxBoroughsxx]

This is not what he’s talking about LOL

[@kevinjqwerty]

A 80 hour week is work 100 hours with the overtime, x 52 weeks, so 140,000/100= just 27 a hour. That's terrible for the sacrifices. United airlines pays 70 a hour for senior mechanics. That's 2.5 times as much as silicone valley

[@GustavoHernandez-ws1gq]

Man, I've been following you for about 4 years now. I started investing because of you, and I started a business in 2020. No regrets so far, investments are positive and the business has made enough money to maintain itself. I cant be thankful enough for all the good free info you put out there.

[@notNaB2024]

Hmm earning $140K+ a year by being overworked and unappreciated doesn't say "I've made it" to me. Far from that really.

[@BankHead980]

In your 20s you’re not thinking about that. You just see the money lol

[@ethancloutier2365]

Sad I didn’t make it in the MZ screenshot

[@Skynewyear]

great video

[@ZrianFilms]

Very thoughtful and helpful video! Feels unique too

[@humphrey]

So glad!

[@khalifornication]

Love it ❤

[@InspoAlley]

100% resonates! Thank you for sharing.

[@JimTheProducer]

I know what you mean. Giving your life for that extra $40k-$60k a year ain’t worth it

[@Flex441000]

Thanks for these real life information on how we should view life long term and future

[@sparc4ux]

Great advice. Especially the part on controlling lifestyle inflation.

[@marklechadores5574]

Earning 140k with no overhead costs is better than Earning 140k with overhead costs. I'll stay at my career if I'm earning 140k.

[@Silverdragon517]

Loved the honest advice and your story

[@theRetainer]

How do you create something on the side when you're already working 60 hours per week in your main gig?

[@Lindadoes]

Hi, does anyone know if Humphrey has any videos on how and what to look for in a financial advisor? I think I could possibly benefit, but also want to avoid possibly getting scammed since I don't know anyone personally that's a financial advisor.

[@denaetak1147]

This is why I am learning Chinese right now. I know it will take me about 10 years but it should help me make more money in the future. I only have about 20 years left till retirement so I hope this skill will help me in the last 10 years or so. Thanks for sharing all your knowledge. ❤

[@peterh3213]

but it won't bring you money bcs Chinese is spoken by over 1B people as native language... you'll never beat that competition... and they are studying English so entire world can communicate with them

[@johnnycircus7463]

I work in Employee Relations and HR Compliance. I’m a walking ROI hole. 😭

[@nathanwooldridge85]

It's always interesting hearing people talk about not working for corporates and being a slave to the heavy train. Although, more often than not, it was the corporate salaries that entitled the ability to build up sufficient savings/investments to take the opportunity. This appears very common in the FIRE community. The apparant distain for corporate life that provided them the opportunity

[@Courtney-Alice-Gargani]

Making six figures is still good because I make that now. You can be let go at anytime. I wouldn’t quit my job unless I did well if I started my own business.

[@mannya_realtor]

Out of curiosity, how long did it take you to get make to your annual salary or more?

[@zanna83]

This video relaxed me. I keep stressing myself about money and work, university and the grind. Thanks!

[@tigerrx7]

In order to “truly be wealthy”. What a load of nonsense we sell ourselves in today’s world. Who defines what “true wealth” is and who says a lawyer, engineer, or doctor who stashes away $200k per year for 10-15 years can’t have true wealth from that investment. It takes 10 years for a startup to really worth anything near “true wealth”. And you’re working a shit ton more. So what gives.

[@henrybuonaparte]

Great video. Thank you for sharing!

[@ClaudeMarcEDavid]

Thanks for sharing such a good analysis on that matter.

[@vanshshah]

@humphrey i was wondering if you plan to make a updated brokerage account comparison video for 2024 or a IRA account comparison video for 2024?

[@vanshshah]

Hey Humphrey Great video loved your story about becoming an entrepreneur.

[@01Rising]

Resonated! Thanks 🙏

[@jongoodman6988]

You met Arnold! Jealous

[@CeliaMitchell-ot5ir]

So in other words, the company has no loyalty or respect to the people who work for them.All they really care about is themselves ,that's pretty disgusting and low down. I am much older than you are and the jobs that were available. then valued the people that worked for them. You weren't just a body that they used and threw away like a tissue You blow your nose with. Such selfishness.

[@howtotruckdriver101]

I don't know why everybody is lying about meta but the real price increase for Meta stock the CEO stop losing his mind and trying to create a virtual world that everybody keeps acting like he didn't do has nothing to do with layoffs