Living On $120K A Year In The D.C. Area | Millennial Money

[@missshaunaleee]

he looks 34 and 17 at the same time

[@TheCreoleSon89]

I'm mad I understood this Lol

[@TheRealProlificTV]

Ahahahaha that is a fact

[@xforgetxme315]

The reason you think he looks 17 is because TV shows and movies always cast actors in their late 20s to portray 17 YOs. He definitely looks like he's in his early 30s though...

[@arcticrest8368]

LOLOLOL

[@speakingtruths4215]

shauna schanck Yeah, he will probably age quickly because of stress. Making 120k in DC is nothing. You need to make at least 350k there to be truly comfortable. DC is one of the most overpriced places to live in the country, especially when you factor in that the area sucks (no beach, no mountains, ugly city).

[@joshthegringo]

I feel like this guy is simultaneously responsible and also irresponsible at the same time.

[@ca8a]

One step forward, one step back...

[@Kp-cb8pq]

Josh Wynn 💯

[@runfunmc64]

@@ca8a Yeah he is going nowhere right now hahaha

[@JSIMS.4]

Josh Wynn he’s doing good but he could be doing great

[@andriod8014]

Josh Wynn 1.5k on food per month, that’s able to pay 2 families with 4 households per month.

[@ellie5373]

This dude has put on the golden handcuffs. Matching his cost of living almost exactly to his income. If that job lays him off tomorrow he'd be in serious trouble.

[@akin242002]

Lifestyle inflation. Always live below your means.

[@TheCreoleSon89]

This!!! Spitting facts

[@emiliabolsas]

But if he gets sick or in an accident and can’t work? Or there is a catastrophic incident at one of his homes, he’ll be in a world of hurt. Insurance does not pay right away necessarily.

[@lewisjackson2185]

Hopefully in 9 months when the debt is paid he continues to save 5k for investment and savings

[@twincherry4958]

He's a contractor...hopefully his employer has another project for him when the other contract is over.

[@anaadventures7669]

I appreciate his honesty, a lot of people are coming for him in the comments but he's young, has 3 properties, and a good salary. he will be out of debt in no time and is enjoying life.

[@aperkins07]

yeah he's doing well, but 1.5k a month in eating out is ridiculous especially when compared to what he said he was saving. That's the one thing that's really financially stupid.

[@hustlebus7146]

Him: I found out about a personal finance class and everything just clicked! Also him: I spend $1,500 on eating out and only save $100 per month on $12k take home

[@ilovedogs5231]

Hustle Bus the kid needs to stop eating out and work harder on clearing his debt!

[@TheDjSpeechless]

I Love Dogs nawwww. You have to learn how to use debt to your advantage. Difference from the rich and the poor.

[@Ramxie35]

Dj Speechless lmao u dumb

[@azalex91]

RamboSyl it’s the truth. Debt in homes rentals can make you money which many poor people don’t understand. Most people just buy crap they shouldn’t be buying like cars that cost what they make in a year or two and expensive material objects that they think make them look rich. My dad is a self made millionaire and drives his trucks till they won’t turn on and wears basic clothes his wife buys him from Ross and kohl’s while on the other hand you have people like my cousins who lease cars every 2-3 years walk around with designer bags and new clothing weekly and always transferring credit card balances all while making 30k a year with no savings or investments..... that is what most people do

[@derektong]

He's saying he saves $100 per month. In reality, it's more complicated than that. You should look at his $5,000 debt repayment as part of his savings. Every payment builds equity in his homes because each mortgage payment pays down the principal. If he wanted to, he could later refinance his rental properties to get cash on hand. The $100/month is probably towards his rainy day fund.

[@butterflygirl141]

He doesn’t have to travel back home to eat... that’s what Tupperware is for...

[@leaveearly3751]

He can't cook

[@qwertydrorakqwerty]

Leftover?

[@chachingfm]

Michelle A preach

[@didine256]

He's just lazy and doesn't want to cook anything

[@222Deima]

Agreed, I never eat out at work. Glass Tupperware from IKEA and microwave does the trick

[@MeZzZzZzZzZzZzZzZzZ]

This guy is kind of all over the place. He has some good habits and then other things I'm just shaking my head at. I live in dc and make half his income but am arguably doing better.

[@raissakabeya87]

Right? It was going well until he said he spends $1300 a month on eating out... Why?? You may not be a good cook but it doesn't take a chef to a salad or a wrap at home when you're on the go.

[@implussed]

@@raissakabeya87 Agree making a salad or a wrap would be so easy and cheap. Also if he hates cooking that much he could order HelloFresh. To most people that would be overpriced but he'd still be saving so much more on food that way, and he'd get the recipe and portions laid out in the easiest way possible

[@AlfoncinaMatilda]

But then again , you need to enjoy life, you can't just live a life of compleate frugality

[@implussed]

@@AlfoncinaMatilda I mean there's such thing as balance haha. Eating out for 3 dinners a week to see friends and enjoy nice food? Not the biggest deal when you make enough money. Eating out for every single meal and snack to the point where you can only save .01% of your monthly income because you're too lazy to learn to make a sandwich or boil an egg? That's a problem

[@JohnLee-fr6pi]

$2,436 in free money a month. Easy come easy go.

[@peanutpbj]

Garrett: I'm smart with money Also Garrett: I ran up all my credit cards and spend 18,000 on food every year

[@Striker50_]

*$20,400

[@MrNGTfan123]

I feel like the whole video he was trying to convince the audience and himself that he’s good with money when he’s clearly not.

[@radames305]

lmaoo couldn't agree more

[@djmula25]

😂

[@kevinnboy25]

He’s 24 making 100+k a year and with interest in property ownership and repaying his student debt as soon as possible. Can you clarify where he is bad with money besides eating out too much?

[@octaviakf]

Facts but hey YOLO it’s cool 😎

[@hhoch9503]

Kevin’s List Two words: no savings

[@TheBloomingBlossoms]

I would like to see someone making 33000 a year.

[@JohnLee-fr6pi]

Rent, food, transportation, aaaaaaand you're broke! What is there to see? Lol

[@cee-lopreen6754]

cardboard box, find spare change, eating out means eating out of a garbage can.

[@jbar_85]

Me too!

[@djmula25]

😭😭😭😭😭

[@djmula25]

@s n think that what's she was aiming for 😂

[@flowerwolff-8017]

How is this possible he is 24 with a bachelors, 2 masters, 3 homes, making over 3 times what people his age make on average 😵. How did he gain work experience to surpass entry level pay??

[@jacob9673]

Red HawK15 ehhh getting your degree before 20 isn’t always a good thing. I know people who got a double major at 23 and had a higher paying, stable job and house by 26. It’s because undergrad let them develop and connect more and they did coops.

[@brittanywalker8951]

He gets veteran preference, which bumps him over regular people

[@MEvans-tt1ri]

Hard work and privilege..can't forget that part

[@Asiandan]

Depending on his work experience in the Marine Corp, he most likely leveraged his previous role into his current defense contracting position. Oftentimes, in the right field, it is substantially easier to get a great paying defense contracting position with relevant military experience. The military provided his training, experience, and paid for his security clearance. The security clearance alone is sometimes all you need to get a six figure job in defense contracting. Then he used his GI bill benefits to pay for his education. He may have even had access to employer based education benefits to pay for his second master's degree. The military can be a great opportunity to get a great career later if you plan and make good choices. I've meant many smart people like him during my time in the military.

[@MEvans-tt1ri]

@Saffron Sinclair its called who u knw!! The current govt is a prime example!!

[@TheMattLeighton]

That North Old Town rental property is going to appreciate so much when Amazon finally comes to Crystal City! Great buy

[@tbyrdrandom]

Garrett seems like a good guy. I like how he doesn't price gouge his tenants like everyone else in DC. Keep up the good work, Garrett! 👍🏽

[@thebrokecode2790]

Him: “$1500 a month on food” Me: Complains about spending $40 a week on groceries for two people.

[@JohnLee-fr6pi]

$2,436 in free money a month. Easy come easy go.

[@lookitstrending4682]

Hey some people like to eat good food and don’t got the time to cook. I spend $250 a week on takeaways and eating out and I’m on $5000 a month

[@mo2mo1mo]

The currency used at 6:39 is the Sudanese pound if you wanted to know. I am from sudan and found it strange but yeah.

[@sobc2737]

He was stationed in East Africa..did you watch the video?

[@Jordan-xg4pn]

@@sobc2737 Djibouti yes... not Sudan lol. I don't think Nicaragua is the same as USA

[@SoCalBruin06]

Graham is gonna eat your lunch for spending that much on food! Literally lol

[@grateful.]

I cant wait to see his video

[@JohnLee-fr6pi]

$2,436 in free money a month. Easy come easy go.

[@thehomeless_trucker]

@@JohnLee-fr6pi so when are you going to stop calling it free money??🤔🤷 And that benefit is only for so long, so it will soon go away...

[@kathyr2090]

Phil Thomas,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@SoCalBruin06]

Kathy R I agree with you on enjoy the food lol But that’s the difference between the financially free and non financially free. Let your assets pay for your lifestyle. P.S. If you look at the comparison between Graham’s income vs expenses, he won’t have to worry about down-sizing his lifestyle if things go bad b/c he’s living way below his means 💯 To each their own 😁

[@mattkraig]

Graham is gonna have a field day with this lad 😂

[@thegoman]

Graham is gonna have a stroke watching this one. I know I am

[@notclaire612]

Haha I can visualize that

[@pinoee5734]

Duncan Fowler who cares about that idiots opinion

[@notclaire612]

PinoEE only over a million people...nbd

[@kathyr2090]

Duncan Fowler ,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@novellajoy]

When I saw that he basically spends more than he makes and only saves $100 a month, I was like “Oh, Graham is going to have a field day with this one”

[@MrNGTfan123]

This guy thinks he’s smart with money, and then spends over 1000 bucks a month on food, he has debt and has multiple properties that almost break even....... Good luck to him.

[@stuffsummedup22]

How do you cashflow with a VA loan on 0% as well? No way he's breaking even

[@blackwitnessaaa196]

"1500$ on food because you dont want to do dishes" you better wait until graham talk about it.

[@kathyr2090]

blackwitness aaa ,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@blackwitnessaaa196]

@@kathyr2090 well if he can spend that much for food, why doesnt he put that money aside for emergency funds

[@callmeosho7792]

Does he not realize paper plates exist?

[@dom2555]

if you add together student debts, taxes and the fact that he spends like is jay-z this guy is broke as hell with also a mortgage and credit card debts to pay back... good luck son! hope everything will keep going well

[@angiedai8141]

Him: “I don’t want to put my money into a retirement account.” Graham: WHAT DID U JUST SAY?

[@cynthialamare7455]

LOL that s so true

[@ayetreyyy]

You understand the reasoning behind his intentions though, right?

[@angiedai8141]

@@ayetreyyy yes he did mention his priority right now is to pay off his debt first which s valid

[@Mav0585]

I’d rather put it real real Estate

[@ayetreyyy]

@@Mav0585 No, debt is dumb. Get debt free then go full fledge on investing.

[@mattyschnitz]

Income= 120k (likely pre tax) Expenses= 12k monthly.... How does that work?

[@vivianaandrea9276]

I had the same question lol

[@TheXdarkfairy]

He gets $40k from rental income on top of that.. It's in the description box

[@marcusp961]

Yes but most of that goes towards the properties mortgages. It’s in the description and he also said it during the video.

[@javonegift]

@@TheXdarkfairy He only makes $300 from the total rents

[@sisternation2586]

He said he brought in 2k+ in credits from his GI bill education program

[@CNBCMakeIt]

What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. cnb.cx/32TYZ2K

[@natasia325]

Y’all need to do this every week

[@sabrinatatalias4277]

Do pittsburgh!!!!

[@cee-lopreen6754]

Sabrina Tatalias Yes!

[@94mlharris]

Hey CNBC check out my millenial money submission!

[@johnpham6780]

CNBC Make It. I saw you’re looking for the San Francisco area, but my wife and I are from San Diego, CA. Annual income of about $230K. Let me know if you’d like us to send our story. Thank you.

[@SeanLei]

I also live in the DC area and am a UVa alum! It's great he's tackling his credit card debt, though he'd probably knock it out way sooner if he cut back on food!

[@paparoelie575]

Graham is going to love this episode

[@outsidegirl100]

I hope he sees this comment. Eating out that much is *so* unhealthy. You’re not getting a balanced diet. Restaurant meals are dense in empty calories and have more added chemicals than most meals prepared at home. Try to cook at home more for your health not even for money’s sake. You may not feel the effects now, but in ten years your body’s gonna be hurting from your choices. You can even try meal subscription service that may be at least a little healthier. Health is wealth.

[@ZXC_ZXC1]

I agree with you that eating out is extremely unhealthy. Restaurant food has a lot of fat, sodium, carbs, and almost no fiber. Also renting houses is definitely not passive income. Managing a house and dealing with tenants takes a lot of time. Living in the DMV myself I know that National Harbor in PG County is a bad neighborhood.

[@nwill8817]

Zxc no, it is not.

[@miniena7774]

outsidegirl100 Shut up.

[@scottrogue946]

You have no idea where he goes out to eat. You are doing the most.

[@iAlwaysSpeakTheTruth]

$5000 debt? A month? Just because you make a lot of money does not mean you know how to manage it..

[@mattkraig]

This guy is a pure example of this lmao

[@HUBAsztikus]

I agree with you 100%

[@financefaucet817]

How isn't he managing it? You see in the video what that debt is for, and he is clearly putting far above the minimum payment. He's on track to eliminate all of his debt in a span of less than two years. Pretty good to me.

[@stormraven1730]

FinanceFaucet he could transfer it to a zero interest credit card and pay it off faster. Also, he is spending 1500 on food per MONTH and only 100 on savings

[@Gainzo]

Homeboys doing the debt snowball. I’m sure he’s not paying interest on the debt and wants to get rid of it before it accrues interest. I’m willing to bet he already has money saved for emergencies and getting rid of that debt in what seems like less than 10 months will be a huge relief. When you’re doing the debt snowball you don’t save or invest

[@creditplug]

He’s on the right track..Buying real estate in prime areas using VA loans is smart. The appreciation over the next several years will put him ahead big time. Salute to this guy..doing big things at only 24. Easily a millionaire by 30.

[@realSimoneCherie]

His honesty is very refreshing

[@cee-lopreen6754]

S CP yeah. what seems to set him apart from some of the other people is how he said he's happy to help a friend out, and he feels better about himself so it's a win-win.

[@FinanceExamHelp]

Come for Millennial Money stay for the comments predicting what Graham's reaction will be.

[@armitahosseini8683]

Graham will be pulling his hair out at some parts while sipping his 20¢ iced coffee

[@LizzKillian]

Armita H Hell he might just spit out his 20 cent coffee and cost himself 40 cents for the day.

[@JJRecordss]

Totally! hahaha

[@djmula25]

LMAO Graham probably saved millions the way this guy lives

[@davidmernick7360]

So THAT's where his hair is going!

[@diffcontroversy]

How does this man have a monthly budget of $12,232 if he only makes $120k annually? 🧐

[@sichengweng8951]

1,300 on food - bro thats like rent money, so one call graham!

[@kathyr2090]

sicheng weng ,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@sichengweng8951]

@@kathyr2090 Graham is also a millionaire so....I mean if he values spending 1300 on eating out over investing that money then good for him. Thats 13K on food a year - if you invest that, you could eat out as much as you want with the returns you would get thru investing

[@thetravelerwonderfulworld9854]

I went to grad school at Kogod, American University with Garrett . He's such a great guy, and very brilliant too .I think he has what it takes to be a billionaire.

[@kaylavald]

When you lived in the DMV and know where he lives even though they blurred it out (not gonna go to his home lmao)

[@Chrisliu1122]

I can already see the thumbnail of Graham’s next reaction video: GUY SPENDS $1500 ON FOOD/MONTH

[@Mav0585]

miya lu $50 a day on healthy food isn’t out of the question

[@xaifer2485]

Ikr

[@thusianreaver]

And savings 100 dollars only

[@kathyr2090]

miya lu ,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@DarknessFalls29]

WHO IS THIS GRAHAM PERSON?! 😂

[@BlakeHeart]

Very interesting since I was pretty sure you weren’t allowed to use a VA loan to finance a rental property....

[@jjordan6066]

Probably lived in it for 2 years and moved.

[@TheCreoleSon89]

@@jjordan6066 we are going to hope that is what he did lol

[@ltx383]

$1500 a month on food? What 3rd world country are you taking to dinner? Easy could pay off you student debt.

[@kathyr2090]

angel gonzalez ,,, This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@Striker50_]

*$1,700

[@VenusRising]

US gives the social benefits to veterans that Finland gives to everyone

[@haytnas]

But to get the benefits, you must risk your life and return home alive.

[@AverageJoe483]

Finland only has 5.5 million people . The US has almost 400 million. Big difference

[@kirtanpatel8378]

@@AverageJoe483 yeah and taxes is different US potential to be in upper middle class is higher

[@ralmazan]

Graham’s voice...”Wait for it...Millennial Money”💰

[@bethkeenan7263]

lolllll

[@grateful.]

1500 dollars for foood whaat? *Rubs his eyes

[@insidelectronics]

Finally Graham Stephen is going to have a lot to talk about.

[@JohnLee-fr6pi]

Nobody cares about him anymore

[@nesteal1975]

@@JohnLee-fr6pi its just you, by the way!🤭 WE care✌️

[@Maliksamuels33]

Homie used a VA loan for the rental property in Alexandria??! VA loans are supposed to be for owner occupants only

[@samwhite7907]

If you live in it for 365 days it satisfies the owner occupancy requirement then just refinance to free up to cap on the VA loan so he could use it a 2nd time on his 400k apartment in DC

[@Maliksamuels33]

Sam White yup but he never occupied that property. Unless he just never mentioned it

[@Peter-MH]

Pretty standard stuff - it seems like everyone does rental properties and/or stocks as these things have been a one-way bet for so long!

[@xaifer2485]

You really think spending 18k a year on food is good

[@akin242002]

Rental properties and Index mutual funds investing have a great track record of success. If it isn't broken, why change?

[@VerStarr]

Thank you for your service! Also, how’s YOUR commuter experience?

[@Vic-sy6hl]

These are the numbers I'm coming up with after some quick math: -According to SmartAsset, 120k salary in the DC area = $6,793 NET income a month ($10,000 GROSS) - Using the GI Bill at American University = $2,535 a month (not taxed since it's a VA benefit) for "Housing Allowance" PLUS tuition fully paid (you only get paid while in school, so between semesters you do not get paid the "housing allowance" - mentioned at 08:30) - His roommate is paying him $1,000 a month - 38k (3166 a month, assuming that this is net) yearly income from rental homes Monthly NET Income 13,494 (Net Monthly Salary + GI Bill income + roommate money + rental home money) 12,231 Chart at 01:03 indicates this as his monthly expenses 1,263 remaining after all expenses (if we don't count the GI Bill, $-1272) At 06:59 it says that he owes about $47,500 in debt (not counting his properties). His 5k a month payment rate will knock that out easily, especially if he tosses some of his remaining money in there - so that's around 5-6 months (or more depending on interest rates, but still not very long). Someone correct my math if its wrong, I'm just trying to look at everything realistically. I reckon that the monthly food and debt payments probably fluctuate a little bit.

[@shachede6828]

thanks for the break down! i was like i ear close to that and there is no way i am bring that home. lol

[@opia7693]

Your math is a little off but just because he's still paying a mortgage on at least one home. Even if he was pocketing everything and not paying taxes his income would have to be $140k+. Something about these numbers is way off

[@gabrielagarciagonzalez3509]

Ok, but if you make a grilled cheese sandwich you DON'T HAVE TO WASH A LOT OF DISHES!

[@shachede6828]

how is it 12,000 monthly if he makes 120k a year. even if that was his take home. what is happening?

[@James-zy4nc]

Shani Ballard I’ve watched a couple of these videos and non of the math makes sense. Even if his take home after taxes WAS $120k, his budget adds up to almost $150k! If you take away his roommates share of $1k, his budget STILL adds up to over $130k.

[@James-zy4nc]

Shani Ballard I meant I’ve watched other Millennial Money episodes. I feel like each of them has the same issue where it’s not clear whether the income stated is pre or post tax and the budgets math just doesn’t add up.

[@ElTemeCastillo]

They probably counted his gi bill which pays him 2300$ a month in that area. I do the same

[@jeancarlomoreno589]

Here I am thinking I was doing bad by just saving $2500 a month this man is saving $100 dollars while making the same salary as I am !!! Just wow !!! How scary !!!

[@lavaboy1565]

Can I ask what kind of job u have?

[@Gainzo]

Guy was smart and chose an mos that translated skills well into jobs. Also most likely went to school while he was in. Smart dude I’m having Uncle Sam pay my mortgage too

[@juuvvy]

$18,000 a year on food... Imagine using that towards his debt. It would be paid off so much faster.

[@runfunmc64]

Damn...seeing his girlfriend once every other month? Brutal

[@jaykjellberg5274]

Graham is actually gonna love it. Despite the fact that he spends 1300$ on food, he already has like 3 properties, while he is only 24. And! even this 1300$ he spend in order not to waste time on cooking and cleaning, I guess it is worth it. What is more, he literally goes the same path as Graham, save-buy house-rent it-repeat

[@QueenofDC]

Sergey Dazzle And taking advantage of all his VA benefits to advance his education. He has a plan and on track! As he said $1.300 opportunity costs.

[@akin242002]

Even with his great plans, he can still cut down on eating out. Maybe bring it down to $700 per month and save the rest in emergency funds.

[@iamtheglow]

If I earned that type of money I would for sure be doing the exact same thing which is gaining rental properties. He's so young and does so great. This is motivation to help me level up my game.

[@avril14thlove]

He makes $120k but he spends over $12k/month. Okay.

[@kmac2326]

Not sure how his numbers add up... His total salary with his rentals doesn't even reach $10k a month.

[@ominous450]

Yeah something’s not adding up. Spending 12K a month is like $144K for the year

[@gamerjohn310]

his savings is 5k also, he makes money off of properties

[@MrHav1k]

I'm trying real hard to not be all green with envy, but despite a bad habit here or there, there's parts of this that are attainable.

[@xfxrxmxt1981]

I thought he was 38 he looks older way older

[@All_Melanin_07]

People handed things usually do

[@ryankingsley9628]

Needs to add ironing to his budget.

[@logen99999]

He'll go far. I'd bet on it.

[@laurenmusso9993]

Mark my words...Graham is going to put his head in his hands when reacting to this one.

[@kristinrodriguezrealtordmv3434]

I enjoyed this episode. Especially because I live in the DC Area. Investment Properties are my next avenue. Great episode, at 24yrs old he is doing phenomenal!

[@tracilewin4659]

I think so too, I can't understand these other comments. I don't even want to think about where I was financially at 24 yrs old lol

[@drewconway7135]

Not investing in retirement accounts is a horrible mistake, especially if there’s an employer match.

[@hazard9916]

At first I thought he was smart but after listening again he’s just abusing the system. Minus the veteran benefits he seem lost

[@sobc2737]

Why are you hating? Why don't you enlist in the Marines and risk your life?

[@hazard9916]

@@sobc2737 I’m not American but if that’s how tax money is spent there I wouldn’t want to pay it

[@investingwithwilliamtherob2834]

I don't understand why he didn't refinance his houses after he did the repairs to pay his credit card bills.

[@amolgill7480]

In the video, he only made a small amount of cash flow on his rental properties. On top of that his mortgages are quite high! If he refinanced, then he will have negative cash flow and high mortgage payments.

[@investingwithwilliamtherob2834]

@@amolgill7480 I don't know the exactly numbers, but he did mention one of his properties has gone up by 20 percent, also his repairs should add more value than what he put into it. I feel like the deal where he got 50 percent ownership of a house for repairs was a terrible deal, consider he put a lot of repairs on his credit card and he is paying some of the mortgage. Also he already has a cash flow problem consider he put those repairs on a credit card.

[@lightning962]

Graham will love this one! I can hear his voice already.

[@RezZ0172]

I can already see Graham screaming about his savings 😖

[@missbuffyp]

He’s doing well for 24! He will learn to budget better but he’s building himself for the future! He will be a future CFO and real estate mogul in no time!

[@tiarajade8378]

I love that we all love Graham Stephen 💜💵

[@sabertoooth06]

You can see this dude hasn't eaten a vegetable in years.

[@redunicorn7760]

This guy spends more on food than my mom could spend for a family of three... For everything!

[@vengxance]

millenial: im never home corona: hello there

[@MontanaDior]

I’m assuming spending “$1,500 eating out” is code for escorts and strippers... LOL 😂😂

[@sarahmilner8483]

I think so.. he was eating a frickin wrap...

[@brandonk1097]

Exactly, what is he spending $50 per day, every day of the month on food wise.

[@amadoudiallo8557]

He seems lazy and hard working at the same time. But he puts in the work and has a bright future ahead of him.

[@cynthialeaf8358]

The military offers so many great benefits - during enlistments and afterwards. Good for Garrett for utilizing these.

[@DaBigEZ82]

So just to clarify, he doesn't make or live off of 120k a year. If he was, his pre-tax monthly income would be 10k/month. This guy actually makes 160k/month and squanders most of it. College education does not equate to higher income.

[@sobc2737]

So many haters in here calling him dumb. Yet he makes more than 80% of the population in the U.S, has two masters degrees and is on the road to becoming a CFO. The amount of envy for the rich/well to do in this country is out of control.

[@A2Kaid]

If your salary is 120k a year, your monthly take home pay is not 12k or anyway near that. Did you guys not use correct numbers?

[@dingalingdingdong_123]

Graham Stephan just blew up when he heard about the $47,500 in credit card debt LOL

[@fxlegacy7085]

I would honestly love to be a part of this series. Making 200k yearly off passive income living in downtown salt lake city!

[@NejiClap]

U should email them

[@ursala3000]

I cannot fathom spending $1500 on eating out. That's like going out and feeding your friends/co workers as well.

[@isaaqkkonpsp]

Everybody knows what Graham's gonna say already: "$1500 on FOOD?!" "$5000 debt repayment?! For what?!" Well at least he has valid reasons for the food, and he knows he's gotta focus on the debt repayment.

[@davidli7286]

gram is 5'2 so he doesn't eat much

[@michaelhan4400]

I think they said the that the interest rate on the debt is like 20% so I think Graham would be happy with that

[@JohnLee-fr6pi]

$2,436 in free money a month. Easy come easy go.

[@kathyr2090]

isaaqkkonpsp,,, Hooo no no no, graham is a Cheapskate. 👎 This smart guy is working the things on his way and is working for him, good for him. 👍 p.s. Lucky him, Enjoy your $1500 on yummy food! 😋

[@rrufio3026]

So let me get this straight he earns $120K per year that equals to 10K a month pre tax. But he has a budget of $12,232 each month which equals to $146, 784. Where is he getting the rest of the money to keep up his budget?

[@sophiecazabon8358]

He spends $1,500 on food AND pays for travel Graham is gonna be furious

[@grateful.]

Chase Sapphire

[@TheJonathanRamirez]

His monthly budget goes over his monthly salary.....

[@kanikamirchandani]

his savings account EMPTY lmao

[@Zerosen89]

I live on a $100,000 less then that a year at age 30, and can't imagine being able to make a salary like that

[@sobc2737]

Why wouldn't you see yourself making such money? Why r u selling yourself short?

[@martyhen]

This is the most interesting military ad I have ever seen.

[@MoonlightSecret1]

Millennial Match: Graham vs. Garrett. 'nuff said.

[@runfunmc64]

So his monthly budget is >12k. 12,000*12 = 144,000 per year. He only makes 120,000 per year so hes going into 24k of debt per year? What am I missing? Also where are the taxes?

[@theshinythings123]

I eat out every day in an expensive area and I spend 500 a month and I thought I was way too crazy, but this guy...!

[@jamalcole1985]

First month as a union electrician, ill be up there soon.

[@saamgolmoradi1192]

I feel like graham isn’t gonna be happy with the monthly food expenses...

[@fabriannnaa6788]

There’s no way your 24 and pay $43 on car insurance

[@jen_nice2059]

Chanelle Fabrian if it’s for basic coverage

[@IchaKavonsOfficial]

The insurance is probably registered to his parents

[@AmoraLili]

Maybe military benefits? Or military related car insurance companies?

[@theunconventionaldeal3879]

My kid is 20 and pays that, it's not uncommon.

[@derklaus9210]

I pay 160$ a month. Am I getting screwed?

[@Mklaw500]

Earning 120K is good but growing from that amount is even better

[@9871516690]

This guys going to get ripped apart by Graham. I can almost hear him screaming through my screen. Have to watch the reaction video. LOL

[@makinmoneywithjuan1108]

So he makes 120 thousand before taxes and he spends a little over 12 thousand a month ?? That makes no sense because he would be in debt still that means he is roughly spending 144 to 150 thousand dollars and that’s more than he makes.

[@40finance]

Aside from some debatable budget decisions, I was glad to see a service member utilize the assets he has (VA loan) to build a business after the military. Good luck with your investments!

[@lovemegoldendac]

He lives in Maryland at the National Harbor. You guys should really update the title and he should stop saying he’s in the Washington DC area 😒. Washington DC is a City!

[@darrylw1038]

They have to get those clicks 🙄.

[@lovemegoldendac]

Darryl W It’s the most annoying thing ever. People really try to group every suburb and surrounding state into DC. National Harbor Maryland is not DC! If you live in a state and have taxation with representation you don’t live in DC!!!!

[@darrylw1038]

@@lovemegoldendac you are only going to frustrate yourself more if you apply logic to their nonsense 😐. I live in Fredericksburg, VA and you will be amazed at the amount of people who tell me I live in northern VA.

[@SoCalFreelance]

That post 9/11 GI Bill is insane. The GI Bill in the 1990's barely paid for the cost of books.

[@ChandlerQSink]

If you ever want to do a video about a 20 year old firefighter in small town West Virginia on 45,000 a year, I’m in!

[@ChandlerQSink]

Tyrel Tolliver I’m no millionaire by no means, but I do good for my age and my life never gets boring. I get tired of seeing everyone post videos about guys in a cubicle making a million like it’s nothing. I’d much rather be working in a field I truly enjoy.