Living On $25K A Year In Greater Baltimore | Millennial Money

Jerone Gillespie, 23, earns $25,000 a year between driving for Uber and Lyft and working in a tax preparation office. When the pandemic hit, Gillespie stopped driving for Uber and Lyft to keep himself safe, and he relied solely on his tax job for income. He earns $14.50 an hour as the manager of the tax office.
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 about Jerone's budget breakdown here: cnb.cx/2Rf7eRG
Jerone Gillespie has a knack for looking on the bright side - even under difficult circumstances. His water gets turned off? It’s only temporary. He has to sleep on his brother’s couch because he can’t afford an apartment? It’s an opportunity to start saving up. Today, the 23-year-old, who lives just outside of Baltimore, spends part of the year working in a tax preparation office and the rest driving for Uber and Lyft. He expects to earn about $25,000 total in 2020, before taxes.
But he’s not stressed about his low salary: He spends his free time investing, studying money, business and science, and planning his next move.
Growing up, Gillespie’s family faced their fair share of financial challenges: He remembers the lights getting turned off and eviction notices tacked to the front door. He and his brother and sister always qualified for free lunch at school.
Still, they managed to get by. If the water was getting turned off, they’d fill up the bathtub and make it last. To Gillespie, those incidents were “just things that happen every once in a while… It didn’t really bother me because I knew that [the lights] were going to be coming back on sometime soon.”
As a result of the hard times, he learned to be careful with his money from a young age. Although his family didn’t openly discuss finances much, his mother emphasized the importance of maintaining a good credit score and showed him the value of interest early on. If she borrowed $10 from Gillespie, he knew to expect $12 to $15 in return, depending on how long it her took to pay him back.
Gillespie started college in 2014, and he struggled to afford both food and textbooks, frequently skipping meals. “Eventually, eating once a day just became a habit, so it wasn’t something that I really thought about that much. It was just one of those things that I did,” he says. “To this day, I still have a habit of sometimes eating once a day.”
Going into his senior year of college, Gillespie transferred from a school in Frostburg, Maryland, to one near Baltimore where his brother lived. But as he got settled at the new school, he didn’t have anywhere to stay and ended up living in his 1993 Pontiac Firebird for nearly three weeks. After that, he crashed on his brother’s couch for almost a year.
Gillespie was thankful for his brother’s generosity, but felt uncomfortable sleeping in the living room and not being able to afford his own place. “But at the end of the day, it gave me a wonderful opportunity to save money,” he says.
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[@CNBCMakeIt]

What’s your budget breakdown? We’re looking for stories from all ages, not just millennials! Share your story with us for a chance to be featured in a future installment of Millennial Money: cnb.cx/32TYZ2K

[@APennyPinchersGuide]

How long does it normally take to go from initial application to a video getting published?

[@bradfordrupert1769]

Hoping my application gets picked, I think you'd really like my budget breakdown as a pilot 😁

[@AndreTJones]

Jonathan Mcsperitt right. SMH

[@maryterezk8657]

Do you accept stories outside the USA?

[@StilettoShay]

. . . Jerone! Please consider employment with a multinational investment bank and financial services holding company because while you are currently unsure (or whether you decide to go the accounting or engineering route after all), they will fund your education on the front end and that's real--at least when it comes to the Big Five.

[@Je.rone_]

*THANK YOU CNBC IT WAS A PLEASURE WORKING WITH YOU ALL* 😀😀

[@neykamarie6181]

you got this! we're here to see you grow! loved that you shared your story!

[@MarcusCq]

Subscribed to you bro can't wait to see you hit $1mil

[@Je.rone_]

@@neykamarie6181 thank you 🙏😌

[@missculinary]

Loved it! Take it one day at a time. You got a good head on your shoulders.

[@kevinjoyce6303]

Great video man, subscribed and excited to follow you on your journey

[@darkchocolat1214]

Jerone survived racism, homelessness, financial struggles, and a life-threatening illness... and folks are saying this is the most relatable episode! I’m glad he’s making it, but that hurts my heart 🥺

[@naturalbeauty_abena1230]

Girl... He is the meaning of surviving.

[@naturalbeauty_abena1230]

@Glenda Stevens absolutely agree. And he is doing all the right things to thrive. With the push from the right support, he will surely thrive

[@ChandraNYC]

... who eats ONCE per day!! 😧

[@aao449]

Chandra NYC - Many ppl do...by choice. It’s called “OMAD” or “One Meal A Day”. They use it to lose weight, reverse, diabetes, and hypertension, as well as other diseases. They will usually eat a meal that is high in nutrition and low in sugar and junk.

[@hellobecky84]

@@aao449 Yes! I thought of the OMAD movement, too, which happens to be really popular among well-paid tech workers etc, but it goes to show what a privilege it is to make that a lifestyle - they're eating one, large nutrient-dense meal; shopping or ordering from green grocers/delivery systems.

[@KellyStamps]

It's nice to see someone who represents the majority on here. I appreciate his positivity!

[@michimj8935]

Hi kelly stamps

[@Discotraxx16]

😀

[@Je.rone_]

Thank you kelly, i never thought of myself as positive, 😃 sincerely jerone

[@SweetGaBrownin]

Kelly Stamps...see this why you should visit Baltimore 💙🙏🏽

[@abdimahamed2431]

Mrs stampede herself

[@amin2k23]

Make more episodes like this, please. Not everyone is making 100k+

[@douglassmith9445]

In fact almost no one in the world is making 100k + a year

[@hunter-ws8sx]

Douglas Smith yes there is

[@douglassmith9445]

@@hunter-ws8sx there are people who make 100k but it's not many

[@hunter-ws8sx]

Luke Quiñones in florida its only around 90k

[@CynthurTV]

Luke Quiñones not true. Might want to get your facts straight

[@iamswimsoul]

THIS IS MY YOUNGER BROTHER AND IM SO PROUD OF THIS MAN. 🥺🥺🥺

[@iamswimsoul]

Make sure to follow his KZbin channel to stay following his journey and learn more from him! kzbin.info

[@missculinary]

@@iamswimsoul just sub!

[@Je.rone_]

Thank you brother!!!!

[@misshoneynevercame4832]

You can be proud of him. He seems smart.

[@Sunflower94H]

Your brother is amazing and a lot of us are very proud of him as well.

[@kiskadee321]

I love that he’s like “I’m not really a budget person,” then shows a beautiful spreadsheet full of charts and colors and calculations. Man, you are really just the best. 😂

[@Je.rone_]

😂😂😂😂 thank you sincerely jerone

[@robertjhovenkamp]

He is tracking exoenses but he doesnt need to set spending limits because he is naturally frugal

[@robertbell387]

He seems like he has a good head on his shoulders. I have a feeling he will achieve his goals.

[@Je.rone_]

@@robertbell387 thanks robert

[@robertjhovenkamp]

@@Je.rone_ i do similar. Assigning every dollar to a place ahead is too bureaucratic.

[@adanechm]

I really really want him to succeed in absolutely everything he does 🥺

[@Je.rone_]

Thank you !!! sincerely jerone

[@habiebiee1]

@@Je.rone_ You will succeed Jerone! You are young,determinate,focus, clear minded and positive! If you need quick cash, you can try online English teaching for Kids!👍

[@manavpatel2591]

@@Je.rone_ ur story helps a lot of folks man! Proud of ur hard work and best of luck ahead!

[@aberba]

@@Je.rone_ hey, software engineer, most importantly, learning how to code is a great bet. Telling you from experience

[@superduperjoi6800]

Me too he needs to be on anthony oneal such a good guy

[@MzKegz]

These are the types of features we want to see. People who are surviving in tough situations and trying to better themselves. Seeing wealthy people is cool but this is the reality of the majority tbh.

[@Je.rone_]

A lot of people are in agreement with you sincerely jerone

[@quentinm.williams9]

yes. it really helps us evaluate different social classes and develop class consciousness. i like to watch all different types of vids with different salaries

[@cheezybred]

Hes good with his money, he just needs a plan to increase that income.

[@saulgoodman2018]

Increasing your income is easier said then done.

[@bubbles1978]

Saul Goodman stop creating a “but” for everything in life!!

[@Je.rone_]

Thanks, i do need to work on the income side of the equation😂

[@JM-zz3vs]

@@saulgoodman2018 That's why you just get it done. No words, no excuses, no crying.

[@stefanossmitty3318]

He does. He mentioned a couple things he’d like to do.

[@PenniesNotPerfection]

Yasss for someone with a lower salary. He's doing a good job. Rooting for him!

[@Je.rone_]

Thank you I've been watching your channel grow leaps and bounds your amazing

[@therowgawd]

Thank you for finally showing a “regular” person and not some 25 year old developer surviving on only 150k living at home with mom and dad

[@JC-fd8ho]

what is the problem with living with 'mom and dad'

[@sarahscroggins2793]

Right

[@davidx4120]

LOL! Right.

[@CCC9437]

@@JC-fd8ho nothing wrong … it’s the fact that they aren’t struggling to make it alone on the streets .. this video is relatable

[@SYDAirlineEnthusiast]

I hate developers

[@ironmantis25]

This brother is underpaid.

[@Je.rone_]

I agree thanks sincerely jerone

[@unityforchrist3821]

@@Je.rone_ start your own tax business! Super easy to start.

[@quentinm.williams9]

@@Je.rone_ right. I'm sure you work so hard and deserve way more than $14.50 as a manager. especially in tax

[@riverdaletales8457]

@@quentinm.williams9 that pay doesn’t seem right at all!?? Why is he getting paid so few ? I make 18k a year in a restaurant and he makes 14$an hour ? Doing taxes ? That’s a horrible pay for what he’s doing .

[@moonlightandstaryeyesbestr6061]

@@Je.rone_ bro I live right here in Baltimore county randallstown md I am familiar with cockeyeville , hunt valley (I know a that’s the county too) area those are good places to live considering some parts of Baltimore city . I want you to win and succeed . You can make a lot of money from the Uber and Lyft too. I am like you I don’t really budget but I have a natural tendency to save money and I am conscious where my money goes. In the past 12 years I have gone from making $11,000 a year to $22,00, $24,000 a year to $40-$48,0000 as a cna with overtime money while trying to finish college luckily for me I could still live at home with parents and only buy food and pay my tuition and my own expenses. I wish you more money and health and wealth you deserve it brother.

[@implussed]

lots of respect for his positivity, he really does look on the brighter side of things (calling sleeping in a car an opportunity to save money)

[@Je.rone_]

Thanks! I never considered myself a positive person😅

[@Karolina-zw7jy]

That’s exactly what I thought! Positivity is important.

[@59fiftycap]

i have mad respect for him. he’s a black man with a high IQ! he’s definitely going places ♥️

[@f25mart]

This dude is 1 break away from living the life he wants - He's so close! Best of luck homie

[@Je.rone_]

Thank you!!!

[@almmason7]

If he buys real estate and gets roommates/ tenants and keeps buying properties he'll get the passive income he's seeking...even on his income he can purchase property...

[@samuelconteh5641]

@@Je.rone_ Yeah man, I admire your worth ethic and have subbed to your channel. Keep it up man!

[@Je.rone_]

@@samuelconteh5641 thanks i appreciate that!

[@TheUnitedNations.]

This man had 30,000 dollars in student loans and didn't graduate from college. He earns 25,000 dollars a year. And still manages to save 10,000 dollars a year. Mad Respect 🙌🏽

[@Je.rone_]

Thanks!

[@DoctorFashion]

I remember when I was living on 12k a year in California as a full-time student and working.. times was hard.

[@josueabarca1913]

what did you study and where were you working?

[@Je.rone_]

That's amazing!!!!!!🤯 cali is expensive Sincerely jerone

[@brock3805]

Wow that’s incredible, hope you have more financial comfort now

[@tradinwarstoriez5641]

@@Je.rone_ I’ve seen you in the comments before this is crazy

[@emmanuelagyemang3738]

Were* lol

[@jay-t1030]

He has a millionaire mindset he just need the right opportunity.

[@MsJooy]

Ur mother need right opportunity ro stfu

[@GigitheTrader]

@@MsJooy LOOL this was unwarranted comment but hella funny tho!

[@kirasdri9483]

@@MsJooy life be like that you hate to see it were all playing a game of chance no matter how hard we try

[@youngfinance6319]

He also needs some money to build wealth.

[@konotsuki]

Mad respect for this dude

[@creativelove1005]

This is honestly the most relatable and best episode I've seen. Seeing someone who's income somewhat matches mine gives me hope.

[@Je.rone_]

Thank you🙏 you can do it!!!

[@rgalv3]

Black Vito - Moneyology go back finish those credits man! Might as well have something to show for the debt.

[@rachelc586]

Same 👌

[@annjean8709]

Absolutely!

[@kyleaustin5859]

30k in student loans and didn’t finish college...that stings

[@nihilisticbarbie]

Worst case scenario 😔

[@mphomolapo1562]

Common Story. If it wasn't for scholarship i would be in worst debt. It's a shame how the student loan program works here

[@mikesagondeez6378]

not as bad as finishing, not being able to find a job and still having that debt.

[@kgmkr800]

Better to call it quits when you know it's not for you, than just stick it out for the already lost time and money (i.e Sunk Cost Fallacy)

[@Je.rone_]

There's value retained through credits if i return

[@shellybee9322]

Guys like him are why I ALWAYS tip my UBER driver.

[@Je.rone_]

Thanks shelly!!!

[@christinem2129]

He seems like someone with a bright future. He may not be a high earner now but with his mentality he will absolutely be successful soon.

[@Je.rone_]

Thank you!

[@classifiedlevel1047]

in wanted to say this

[@hellobecky84]

Well said, was thinking the exact same thing.

[@grayonthewater]

Black Vito - Moneyology I hope you can get a better paying job! Sounds like you’ve been hustling and working hard for a long time, you deserve a break!

[@deetee609]

We need more of these RELATABLE incomes/jobs on Millennial Money! Everyone can't be a six-figure earner by the time they're 26.

[@Je.rone_]

True!

[@Winston0Boogie]

Agreed! I see these people making 200k+ and I think to myself I'm never hitting that.

[@deetee609]

@@Winston0Boogie maybe one day! get rich slow! the people they profile making six-figures usually also have six-figure debt that accumulates interest at a rate higher than they can afford to repay .

[@Winston0Boogie]

@@deetee609 that's true. Very good point.

[@Winston0Boogie]

@TheCoffeeNut711 yes!!!! I want to know what they're doing to stay afloat. I also like to use these shows as a guideline for my budget. One time I saw this one episode and realized I maybe was spending too much on food. It helps!! I hope CNBC is reading these.

[@famousamos]

I can resonate with him. I also ate only 1 meal a day to save money for about 5 years

[@weeyakkawonga6243]

Hope you've regained your weight coz 1 per day is serious

[@MrGreen-dp4oz]

Omad diet

[@mirandataylor6385]

Eating multiple meals a day is not even a tradition of the past. It was much more common for people to eat one big meal a day before bed.

[@jameslim3850]

Blacks seems to be having lesser opportunity in average as compared to the White people in the USA.

[@TishaDecember]

Yeah it sucks. Not only having to eat one meal but the meal you eat is so small in and of itself.

[@daisy-rx9yl]

Although the income level is relatable and realistic for many of us, it’s sad to see the struggle. Our entry level to existence shouldn’t be poverty. Also, we’ve normalized and even glorified the broke college lifestyle, but in reality many college students live on the verge of poverty 🥺 hate it

[@nihilisticbarbie]

Right. We're the richest country in the world, why are so many struggling and don't have what they need to live a comfortable life?

[@teamscali9038]

@@nihilisticbarbie some say theres way too many people attending college and it drives up the way people are expected to do slave labour to get closer to their dream job. Not too long ago, very few went for higher education. Some say work smarter not harder

[@fashone6574]

ianthia it’s a poor country pretending to be rich.

[@Je.rone_]

Yeah college super expensive,

[@tdtadesse547]

Josh Altman Is A Legend one of these days you’ll realize this whole system is a scam and the only people who make it is by sheer luck.

[@stevi7178]

Way to preservere Jerone. Very relatable episode for a lot Millennials.

[@Je.rone_]

Thank you 🙏

[@maxwellcharles640]

Yes finally! was waiting for an episode with someone making less than 30k. I'm in the same boat and found this very relatable/inspiring.

[@gerardochavez5373]

@@Je.rone_ good stuff bro keep your head up and moving forward respect super relatable

[@anaadventures7669]

he's too smart not to go back to school. find a job that guarantees tuition reimbursement or apply for grants to avoid going into more student debt.

[@tracy_cakkes]

No kidding Trying to figure it out and being broke

[@user-jc6tj2xt1p]

This guy is a survivor.

[@Je.rone_]

Thank you🙏

[@DevsLikeUs]

Truth

[@jessespears5869]

Jerone is incredible. He’ll probably become a millionaire in 10 years.

[@chelseacco7567]

Amen I pray he gets there 🙏

[@Amanugai]

Having watched some "How to be a millionaire" videos. I can say, no, he won't become one, at least not with a normal job or a normal wage. In 30 or 60 years with intelligent investing? Sure, that's doable for many people. But 10 years requires 150k and saving the vast majority of that for ten years.

[@Kaye_Venice]

I agree, when it’s all said and done, he’ll definitely be doing very well.

[@AC-qo8oq]

He has a major income issue. If he doesn’t up his income, it’ll be very difficult to be a millionaire in 10/15 years.

[@brock3805]

Saving/investing $10000 on a $25000 salary is actually insane, the majority of people who make 6 figures don’t even put that much money away because people in the US tend to spend at or above their salary level because they feel entitled to it. Such an inspiring young man, he has such a bright future

[@pinkapple6530]

Not about how much u make, it’s about how much you keep

[@brock3805]

@@pinkapple6530 Such a true statement

[@Je.rone_]

Thanks brock!!

[@ivyrainbitch]

They are entitled to their own money 😂

[@donaldlyons17]

If the average person made 25K and lived with others helping them pay their bills 10K might not be unusual. However may making 6 figures live on their own so their buying power might not be as high as it seems.

[@pkamvp]

More like these please. Not everyone is making 6 figures.

[@jessicacole8404]

Amen

[@bluestonemetallic7]

....for sure, we need more of these average hard working folks out there to represent. I really enjoyed the underdog stories related to personal finance!

[@israeliana]

90% of adults in the USA are not

[@nonagem8285]

Yes this is mostly true.

[@abhim9221]

@Luís Andrade househole income is 60k average is 32k per person

[@ToddBaldwin]

This is by far one of my favorite Millennial Money Videos. Much respect to this man. He is the epitome of doing a lot with a little. The fact that he tries to save $10,000 per year while only making $25,000 is an amazing accomplishment. Jerone, you are a rockstar. Keep up the amazing work. This may seem hypocritical coming from me as I dropped out of college, but honestly bro I think getting that accounting degree could be a great idea. I think your income would double, if not triple, if you got a degree in accounting as well as a CPA license. Excellent work, and I'm sure your family is super proud of you.

[@Je.rone_]

Thank you so very much for your very kind words it means a lot to me and yes I am strongly considering getting a CPA

[@calebmeyer5958]

@@Je.rone_ please do, you're very talented and only just need that 'official' stamp/certificate. Godspeed!

[@robertbell387]

I couldn't agree more. I make 4x what he does and still can honestly not say i am anywhere near as good at managing my money or investing like i should. I also live in Loudoun County, VA which has one of the highest median incomes so me making $100k is really normal around here. With that comes the high cost of living though...

[@lucymartin881]

The amount of time we spend believing we can't is more than enough time to learn how you can. - my Brain

[@lucusjames9892]

That's deep

[@darnellbeck5653]

am definitely stealing this, you are genuine 💯

[@sapilomentor9308]

Am opportunity that was once a fear is now my full-time career

[@nicolascamila503]

Stocks are good but crypto is better

[@nicolascamila503]

Stock's are crashing, Bitcoin Investment right now will be at every wise individual list in a month you we be ecstatic with the decision you make today

[@itsgarryb432]

My advice to all millenials: try not to become a person of success, but rather try to become a person of value.

[@RGE_Music]

100% the truth

[@jadoresophya]

Mmmm... I like that!

[@missjennablejen]

yes! love this. Because when you do become a person of value, you actually feel somewhat fulfilled.

[@njorogesamson5488]

Einstein said it first.lol

[@BK-dv3hh]

Good advice

[@PeterBilzerian]

Jerone deserves to get PAID far more to be an office manager! He's frugal & smart with his money, overcame adversities early on in life and his character is strong. 🌟 Someone here in the comments should hire this man for their company!

[@nordiclingonberry4293]

love the idea, someone should connect him to a job thats hiring

[@Alduinsshadow148]

He doesn’t seem to be a CPA, he also doesn’t have a degree in Accounting either so that is probably holding him back.

[@PeterBilzerian]

@@Alduinsshadow148 Office managers even don't need a degree in it, any type of business degree is an advantage. Lots of O.Ms don't even have degrees.

[@Je.rone_]

Thanks peter! I definitely wiil be on the look out.

[@ryanm.4945]

Dude amazon hires literally anybody and they pay 15$ an hour starting out lol I would quit that job if I was him.

[@nikumallick4811]

The best millennial Money episode so far!

[@Je.rone_]

That is touching thank you!

[@youngfinance6319]

100%

[@terrierlover]

If he gets his bachelors in accounting, he could bump his income by $60,000+ in two years after graduation

[@Je.rone_]

Thanks sincerely jerone

[@alexanderanastas-hill5487]

@@Je.rone_ Respect to another frostburg student! Have you looked into getting an EA certification? That should give you an immediate boost at the tax job until you get a bachelors.

[@FINSuojeluskunta]

@@jford7574 Stop telling everyone to get into software engineering.

[@jsmnplease]

The income inequality in this country is shocking and disgusting.

[@Originalman144]

Compared to what? This guy is 23. His income will grow as he becomes more valuable. It’s a ladder not a floor. Of course his income is unequal to someone 45 years old with 20 years experience.

[@chicnoir29]

J Williams - Plenty of forty, fifty and sixty something people who were once middle class are now van dwelling.

[@edwardlothian2320]

J Williams he shouldn’t be under this much debt at 23 for just wanting an education and a better life for himself

[@Originalman144]

​@@edwardlothian2320 He doesn't have to go in debt to have a better life. There are tradesman and programmers/developers making $70k+ without a college degree. College is a choice. Are you saying we should end the guaranteed government-backed student loans -- which would force the Universities to lower their artificially inflated tuition?

[@ayomideotukoya1731]

J Williams a lot of countries have free education though

[@ogo316]

This guy puts me to shame. His brokerage account is 13k.. More than mine ..much respect young man

[@Je.rone_]

Thank you! I wish you the best!

[@khalidahmed8852]

Black Vito - Moneyology your a king I really hope you succeed in life you deserve it ❤️

[@Je.rone_]

@@khalidahmed8852 i really appreciate that kamal

[@gracemillar3384]

Dang this guy makes less then me and is killing the savings game

[@Je.rone_]

Thank you!!! My friends say the same thing

[@naturalbeauty_abena1230]

@@Je.rone_ more success bro.

[@ericworthington7299]

Mindset & Discipline...

[@vsmith113]

I know right. I just have 401k. I thought I was doing something.

[@vsmith113]

ben jean Where should he go?

[@sukhim5486]

Technically Jerone is gen z so glad to see someone in my age group. He seems really grateful.

[@Je.rone_]

Thanks! sincerely jerone

[@TheLastMillennials]

@@Je.rone_ you're a late millennial/Zillennial

[@BrendanEvan]

Once his income goes up to where it belongs, he’s going to build wealth like crazy

[@Je.rone_]

Thanks! sincerely jerone

[@simplefinancial3962]

Agree , he has the right mentality, he is willing to sacrifice now to achieve his goals

[@Josito426]

Easily the hardest worker I’ve seen on Millennial Money.

[@Je.rone_]

Thanks josh sincerely jerone

[@fhadekhemmy]

I am so incredibly proud of this man. He makes me realize that I have luxuries that I didn't consider luxuries.

[@Je.rone_]

Thank you I appreciate that🙏

[@thexxit]

This is how low income people survive - imagine this strong young man eating only once a day? Being actually homeless and relying on whoever he can for a place to sleep at night? I mean, you can see his hard work, dedication, drive and intelligence is there. But, the system is meant to keep the rich rich. We need to change that. Keep going man. i see good things for you.

[@Je.rone_]

Thanks sincerely jerone

[@sagatuppercut2960]

Many rich Americans started out just like him---or they were living in dire poverty. Personally, I'm not worried about the rich becoming richer and I don't want to raise their income taxes. I just want an opportunity to earn a paycheck so I can get my slice of the American pie.

[@thexxit]

@@sagatuppercut2960 You're not going to get a slice of any "American pie" if you don't care about the rich not paying taxes. Someone has to pay. If it's not the rich.... Can you tell me the percentage of rich Americans who started out like him versus the number who inherited or came from wealthy families? Go ahead, look it up.

[@sagatuppercut2960]

@@thexxit Yes, the rich have to pay taxes, but so should the rest of us if we want our government to provide us with services. However, there are certain things that I don't need the government to spend money on, such as: a perpetual war in Afghanistan and welfare for illegal aliens. If there can be some creative ways to reduce government spending, we wouldn't need to tax rich people more----or any other class of Americans. One way to save millions of dollars a year would be to make sure dead people don't collect Social Security checks. Also: ending the war on drugs and cutting the military budget in half would save about $500 billion dollars a year. So if the spending gets under control, we'd all benefit with less income taxes and MORE MONEY.💵

[@sadfasde3108]

@@thexxit A large majority of millionaires didn’t inherit any money - look it up.

[@calebmeyer5958]

please go to accounting school. You're very talented - you just need that 'official' certification. You got this Jerome!

[@Je.rone_]

Thanks caleb sincerely jerone

[@vivianwtang3983]

Agree with the majority of these comments. His mindset sets him apart and I can see him going far in life. We need most interviews with people like him. Cheers to this guy!

[@Je.rone_]

Thanks vivian sincerely jerone

[@aminat643]

Nice to see someone on the lower spectrum when it comes to salary!

[@PlaninProgress]

I’m so impressed with his ability to save on his income. There have been plenty of times in my life where his savings would have put me to shame on a higher income.

[@reyalexandro]

25k for two jobs? I hope hes making more now. Seems like a smart guy.

[@Twestliw]

That doesn’t seem right to me either ? He must not be working full time at the tax place.

[@onwodoh]

I wonder if there’s anyway that we could fund him. Maybe to pay off his loans or to help him enter software engineering

[@rukundo7840]

Contact him if you want to support him

[@Je.rone_]

On my channel's about tab i accept contributions to the channel sincerely jerone

[@yogaqueen1527]

I cant help pay off someone else loans, when I have my own to pay off

[@DouglasLee9]

This guy has a good head on this shoulders. Become a real estate agent man. If your hustling that hard now, that same effort will make you $100k your first year.

[@DouglasLee9]

@Jackson McNeil if he wants to come to la, id mentor him for sure.

[@FINSuojeluskunta]

@@DouglasLee9 I absolutely agree. I don't think coding is right for his mindset. He's do great in something like real estate.

[@aminat643]

Good for him pushing to save $10K on a $25K salary! I commend him 👏🏾

[@mOnika-pt6vk]

I'm not sure how he is doing that when he brings in around 1200 a month which goes mostly to his bills. I didnt see any mention of amount going toward savings until the $10,000 was mentioned. So I'm assuming its money he doesn't claim? Where did that extra $1000 a month come from? Uber?

[@nyokabi123]

@@mOnika-pt6vk I was also attempting to figure that out. Typically with Millennial Money, they display in the budget chart the amount that goest towards savings, but they didn't provide that in his chart. I'm suspecting its because he hasn't driven Uber and Lyft for a majority of this year, his income decreased so his savings rate was adversely effected and is 0. So maybe prior to the pandemic with Uber and Lyft he was saving $900 a month.

[@videojosh20]

3 years ago, I was making about 25K too. After switching careers into software engineering, I have now tripled my income. Someone is smart as yourself could do well there. From one brother to another, try it out!

[@94mac]

You went to school for computer science or self taught?

[@videojosh20]

@@94mac I self taught for a while, but I went to a coding bootcamp and got hired from there. I have a Non-CS Degree

[@nuripadudi]

@@videojosh20 can you please name the bootcamp?

[@anamarte7547]

@@94mac Please share this if you can my friend. 🙏🙏🙏

[@jeffthemilkdud5908]

-Slept in a car for 8 months -eats only twice a day -lots of student debt on his head -hard childhood filled with economic struggles This man has a financial plan!!! Despite all his setbacks, his is the living embodiment of the quote "nothing happens to any man that he is not formed by nature to bear" Stay positive throughout the bad times

[@AndrewCDangler]

Excited for Graham’s review on this one! This guy is wise.

[@Je.rone_]

Thank you! & me too!

[@sarah3796]

Black Vito - Moneyology maybe you should contact him on insta. Do a collab.

[@sarah3796]

I can't wait either

[@chelsbolin]

Same!!! This guy is making better decisions than people making triple what he does and more.

[@b__w_4565]

Chels B. Ya that’s the weird part. Those are prolly the people in the comments hating that he needs a better salary...which he does but they acting like you just get a 20 dollar an hour job easy peasy

[@emnydeleon8288]

He should look into becoming a bookkeeper since he already has experience in tax and he doesn't need a degree to become one.

[@Je.rone_]

Thanks for the tips I'll look into that

[@keirangreen7004]

Black Vito - Moneyology How is it possible to survive on 25,000 isn’t Maryland Expensive

[@kori819]

I was thinking the same thing. I have a degree in accounting and was like, "nooooo don't do it."

[@Bobo-jy5mg]

Emny De Leon Bookkeeper is like the worst job in accounting out there. All the stereotypes about it being boring and repetitive are made true through that. Plus btw tax has nothing to do with bookkeeping at all.

[@emnydeleon8288]

@@Bobo-jy5mg He mentioned is goal is to possibly get his accounting degree and increase his income. He doesn't have any accounting certification nor an accounting degree. While he works towards those goals he can become a bookkeeper. Which will allow him to adhance his accounting knowledge while making more then what he is currently making. Yes, bookkeeping doesn't always relate to taxes but that can be his nique to set him apart in the market. Starting a bookkeeping business has a low start up cost and even higher return. He can save up and work towards opening up his own CPA business if he wishes to do so.

[@tracymartin3993]

This dude has his priorities straight. He will do well if he keeps at it.

[@Je.rone_]

Thanks tracy sincerely jerone

[@miag4295]

He is smart and genuine. I’ll be seeing him on Dave Ramsey’s “Millionaire Hour” very soon. Wish him all the best.

[@Je.rone_]

Thanks mia, i enjoy Ramsey

[@debbie12346]

Shoutout Dave!

[@samario_torres]

someone tell this guy to learn how to code...he's got the work ethic

[@Je.rone_]

You just told meyourself sam 😀

[@robobae7988]

@@Je.rone_ I was once in a very similar situation as yours. I learned how to code and it changed my quality of life drastically. I went from making 15k a year to almost 100k. I would suggest learning python it's one of the easiest languages and its huge in fintech(finance technology). You can apply everything you've taught yourself so far and start making algorithms to make trade decisions or find trends. Best of luck to you!

[@Je.rone_]

@@robobae7988 yes learning the right skill can change a lot

[@cmac3764]

He’s correct with advice about python and coding. Please also look into the Per Scholas program for coding. If there is a program located in your area, I think you may qualify. I’m so impressed with your integrity, authenticity and work ethic. You will go far, but must keep this momentum to get you past this stage. You owe it to yourself to see your vision and talents fully explored!

[@samyoe]

@@Je.rone_ start with python, it's the easiest and also most popular for data science

[@amanderzw]

So much respect for this man who does so much with so little. He has such a positive attitude despite the circumstances which is SO admirable. Rooting for him...he deserves the world!

[@Je.rone_]

Thanks for the kind words, i never looked at myself as a positive person, i wish you the best

[@DEEVAH929]

Well done young man, keep us posted

[@Je.rone_]

Thanks sure will

[@NatashaAnita14]

Thank you so much for this episode. Wishing you all the best, Jerone!

[@Je.rone_]

Thank you natasha, sincerely jerone

[@humza.qureshi]

This is a smart and disciplined man. Once he raises his income level, he’s gonna he golden.

[@Je.rone_]

Thanks! sincerely jerone

[@electric-fire21]

Live life today like most others won't, so you can live tomorrow like most others can't... Can't wait to see this guy in 10 years killing it

[@Je.rone_]

Thank you i appreciate your kind words 🙏

[@christopherwilcox9654]

debt is dumb, cash is king.

[@chantelleg5529]

Dave Ramsey

[@blackbutterfly233ify]

Dave Ramsey

[@thekhakiobserver3128]

He ambition is his wealth. That drive will take him places. Man i need to get on it.

[@Je.rone_]

Thanks sincerely jerone

[@ericaj6092]

Very good relatable episode! Thanks guys.

[@rooseveltrobinson2686]

This is poverty, shouts out to him. He is the bootstrap narrative they love to push. Eating once a day. Much respect to him.

[@Je.rone_]

Thank you roosevelt, i appreciate your kind words Sincerely jerone

[@rooseveltrobinson2686]

Black Vito - Moneyology I just subbed to your KZbin channel. If you ever interested in purchasing property in Georgia hit me up. I’m a licensed Realtor in Atlanta Georgia.Keep on pushing to the top.

[@LolaSemone]

Roosevelt Robinson What is your contact information.

[@jackems0181]

This right here 👆🏽👆🏽

[@mattsmillennialmoney39]

Grahams gonna love this one. This man understands struggle and what it takes to improve in life🔥🔥

[@mattsmillennialmoney39]

minus that college debt. lol

[@Je.rone_]

Thanks matt!, and yeah my college debt aint pretty 😅

[@b__w_4565]

Black Vito - Moneyology you gotta a degree bro?!? If so has it helped you out? I’m literally your age making almost 16 an hour but I feel like I might need some extra community college courses or something. I’m gonna sub to your channel to bro!! I’m big on stocks and crypto. I believe crypto will be the next big thing money wise. If you invest in the right ones obviously! But ya man I’ve been investing a lot and I have no debt so I’m feeling like I can make it!

[@rahulshah2967]

Graham has sensed a new millennial money, he cautiously approaches. “What’s up guys welcome to the Graham Stephan Show my name is Graham and welcome to my show”

[@samlee6152]

He's so young but has a better mindset than some people double his age making 10x the money! As long as he keeps this up he's going to succeed in life

[@Fashionlifestyle_Official]

Thank you for sharing!Hope everybody here becomes successful on KZbin

[@Je.rone_]

My pleasure sincerely jerone

[@FinancialShinanigan]

Finally a salary more in line with every day peopel

[@Inquiring]

Que_Rico I know a lady who immigrated in her late 30s with no degree or proper education, now in her mid 40s she makes 70k a year as a recruiter.

[@b__w_4565]

Que_Rico and how you get it up that quick??

[@dreesunc]

@@b__w_4565 go drive a truck or become a plumber

[@dreesunc]

@@b__w_4565 trucking school takes about 2 weeks and after that you can make 60k on your 1st year and since you don't really need a place you can save 40k. Been there done that :) I would recomend becoming a plumber though where I live you get paid 18/h when you start the aprentship and after 5 years 36/h not bad.

[@Je.rone_]

Thanks !

[@tafm350]

Inspirational guy... some “small loans of a million dollars” get put in the wrong hands. This guy is already self made and wise beyond his years

[@Je.rone_]

Thanks taf sincerely jerone

[@itenee]

What great story! I love how your perspective was so positive and looked forward instead of making excuses. We are all rooting for your success Jerone! I subscribed to your channel.

[@StilettoShay]

. . . thanks for that last sentence--I just found it and subscribed, too.

[@wallacegarrett3537]

Survival 101: To save on laundry bills. At night I soak my dirty clothing in wash basins. I put 3 basins in the bath tub at night, fill them with detergent & water. Leave them soaking all night. In the morning I scrub them, rinse them, and hang them to dry. Save money doing this for small jobs. Sometimes I wash the sheets in the tub, the same way.

[@aminat643]

I really enjoyed this video! He seems to be aware of his finances and is trying to increase his wealth through different avenues. That $20K loan gave me a mini heart attack but if he did the calculations right and is confident then who am I to say anything. Nice to see he is knowledgeable about investing and is also trying to break into the real estate industry. He might be only making $25K know but I definitely see a bright future for this guy 🌟

[@Je.rone_]

I really appreciate that Aminat, yeah there $19,000 loan is a lot if debt I spent at least 5 hours considering there pros and cons and doing the math worse and best case scenarios Thank you🙏

[@ccccccchhhhhh808]

@@Je.rone_ I got really high hopes for you man! you are better off than people ten years older than you making 3x that money!

[@daralaja3224]

This guy is a big boss. He has the tools achieve whatever he wants

[@Je.rone_]

Thank you! sincerely jerone

[@jouleSansLoi]

He's basically all of us. I hope he makes it. Student debt is a curse.

[@Je.rone_]

THANKS JULIO, I hope you make it too, useless of course you already have, then i hope you continue!

[@carrielee1624]

MORE VIDEOS LIKE THIS. This guy works so hard and is hella smart

[@Je.rone_]

Thank you caroline sincerely jerone

[@FritzAlcindorJr]

I’ve been having a rough time financially. Finally a millennial money episode that makes more sense. Hopefully someone with connections sees this episode and helps him with his dreams. I don’t think he’s dreaming big enough.

[@Je.rone_]

Thank you I've read a lot of the comments but this one for some reason really hit home, thanks I'll try to dream bigger!🙂

[@universetrip6766]

I also grew up in Baltimore around a bunch of racists. Listening to his story brings back so many memories.

[@Je.rone_]

I live in Baltimore now but cecil county Maryland is were i dealt with the racism😔

[@universetrip6766]

Black Vito - Moneyology people forget Maryland is a southern state and was a slave state. These traditions have stood the test of time unfortunately.

[@LolaSemone]

Wow. Is Baltimore really bad?

[@universetrip6766]

@@LolaSemone I grew up around KKK members. Southern Maryland around DC is much better than Baltimore.

[@LolaSemone]

Universe Trip Wow. I am talking to a man right now that is trying to convince me to move there. He says it is great over there 🙄

[@albertzuck5801]

That is more like it. This clips always shows people doing great and this guy is still doing great!

[@Je.rone_]

Thanks albert!

[@nadriguez]

I really liked this episode. Relatable and informative and honest.

[@Je.rone_]

Thanks!

[@sippingtea309]

He’s driven and goal-oriented. he’s going very far in life! Keep it up!

[@Je.rone_]

Thank you i hope i can make it happen

[@dolled-upjen3606]

Now let me tell you how real and relatable this episode is . I live in MD and the quality of life is expensive . The average family income is supposedly 60,000- 70,000 and housing is cheaper if you are either in the ghetto or in rural area. I live in Montgomery county and humble house can cost about 500,000 and up. He is indeed inspirational and I pray for his success.

[@Je.rone_]

Very true, i think a lot of people underestimate the cost of Maryland

[@jayjump3534]

Best one I seen so far keep grinding bro

[@Je.rone_]

Thank you jay sincerely jerone

[@janeharris1006]

This one just hits different, from the confidence issues from growing up in white suburbia, the health issues, to being a first generation college student. I hope it’s no where but up from here! (Also please check out apprenticeships if you really like tech, I’m not sure if finances have them.) -Sincerely a 2020 New Grad

[@princess287love]

Preach!

[@Je.rone_]

Thanks sincerely jerone

[@ndrimova]

This guy is honestly doing the very best he can with what he’s got. Kudos to him!

[@Je.rone_]

Thanks! sincerely jerone

[@pennryan970]

this is one of the best yet

[@waterlay2250]

Loved the honesty.

[@electric-fire21]

This guy is great. Very humble and sees the opportunity in everything. Also perfectly grateful and happy for the things he has instead of focusing on what he doesn't have This attitude will help him go far in life. Wish the best for him

[@Je.rone_]

Thank you jose, that means a lot to me, i wish you the best

[@brittanyb5942]

Most realistic Millennial Money I've seen so far 👏🏾

[@Je.rone_]

Glad you enjoyed it

[@badboybanton]

Wishing this Man all the best. It’s about time this channel had people on there that can relate financially with the average person. Respect from Manchester UK 👊🏾

[@Je.rone_]

Thank you!

[@KaelynElise]

I really enjoyed this Millennial Money! Someone who is very relatable but is living life with such gratitude and positivity. Wishing nothing but success and greatness towards you Jerone! 🤩I can't wait for Graham's review of this video!

[@Je.rone_]

Thanks kaelyn hope you enjoyed his review... i know i did

[@amandalangworthy7162]

I would love to see him as a guest of Graham Stephan or Ellen and be gifted a chunk of money to help him achieve his goals faster. He's so resilient, I loved hearing his story 😍

[@Je.rone_]

Thanks Amanda sincerely jerone

[@ShanaGreen]

Why didn't he mention his KZbin channel?

[@Je.rone_]

I did they didn't include it

[@ShanaGreen]

Black Vito - Moneyology that sucks! But congrats for being on this series.

[@jerone8781]

@@ShanaGreen thanks shana! And i accidentally responded on my private account😂

[@kiskadee321]

They did at least put it in the article on CNBC.com

[@jerone8781]

@@kiskadee321 yup i just recognized that last night

[@hotchocolatefitness]

one of the most relatable episodes of millennial money. nothing but respect for Jerone keep pushing forward.

[@Je.rone_]

Thank you sincerely jerone

[@9871516690]

Loved this episode. Very relatable! More of these, please!

[@Je.rone_]

Thanks sincerely jerone

[@brittanywaugh3968]

He’s really good with math. He should go into like accounting or something

[@Je.rone_]

Hey Brittany I'm considering it sincerely jerone

[@sweetd097]

Black Vito - Moneyology it sure is your calling

[@beliebersrock98]

Black Vito - Moneyology you’re extremely smart I wish you the best in the future

[@Bobo-jy5mg]

Brittany Waugh There’s very little math involved in accounting. Almost none.

[@karimzakaria9621]

If you’re good with math you should go into engineering or tech. Accounting is solid but you don’t have to be good at math, just patient and good with using excel and a calculator. Nonetheless I’m rooting for him

[@SincerelyDiane]

He's doing a good job with what he has! Speaking as an accountant myself. I hope he works on increasing his income.

[@Je.rone_]

I'm working on that as we speak!

[@SincerelyDiane]

@@Je.rone_ rooting for you man!

[@gogogadget1855]

@@Je.rone_ You could really make a killing if you leverage this video to get a job. This would be great for a resume.

[@Jaredccmsdude40]

Bro this guy right here is so inspiring. Kudos to him, and I'm glad he decided to share this information. Keep it up Jerome!

[@Je.rone_]

Thank you very much sincerely jerone

[@MrMatt0486]

Proud of you, man. Keep up the hard work!

[@Je.rone_]

Thanks matty