Living Together On $124K A Year In Portland, Oregon | Millennial Money

[@CNBCMakeIt]

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

[@MrCantrell14]

CNBC Make It. More of these videos!!

[@WendyValencia]

We are in the the sandwich generation... an 8 year old and 2 elderly parents all in the same house so our breakdown is BIZARRE to say the least! Lol

[@bigpoppa4094]

cant wait for the relatable SF homebuyer budget. Sqeeking by on $300k

[@jessicawalters4538]

@cnbc I’m buying in the Washington DC area and I’m a millennial. I am a single mom buying a 450k property, new construction! :)

[@MartinNeduEgwuagu]

Need to come to Austin, Texas! The new Silicon Valley 😎 I’m one of many millennial couples here. This is definitely where y’all need to come to next. Amazon, Facebook, Google, Apple all did so there must be something to it.

[@empirestate8791]

So they're still in their 20s, but already married, debt-free, homeowners, expecting their first child, and saving more than $4000 a year. Talk about getting off to a good start!

[@vilenationgaming]

Saving4K a year isn't much. You should be able to save 10-12K a year

[@exxxxcellent]

@@vilenationgaming yup. The child is going to wipe all that out in an instant.

[@mikeock6825]

They have 400k debt on a house they put 20k down on.

[@dgyrlc1123]

@@vilenationgaming 10-12k a year? Yall lucky! I'm not a frivolous spender at all. As a matter of fact, I barely buy anything for myself at all and I still can barely save a couple thousand a year since I bought my house and had my children. The only "debt" that I have is my mortgage as I paid off my college loan within 5 months of graduating and and I own both of my cars so yall must be making well over 100k/yr to be able to save 10-12K a year! Must be nice!

[@vilenationgaming]

@@dgyrlc1123 Well, I cant speak for everyone but I make 6 figures. But the only debt I currently have is my car note, and mortgage. No loans no credit card debt. So I can easily put back about 2K a month and have plenty left over to spend for the month. I have a kid too (16 yr old). But, the key is simply to live well below what you make.

[@frisbeeeater]

How come we can’t see their savings breakdown anymore?? And can we stop doing profiles of influencers that want to promote their channels??

[@dopegod987]

Exactly the whole point of this series is to understand budgeting and investing with a particular amount.

[@ChristopherInTexas]

Thank you tired of these influencers

[@user-eu2me4bp7j]

Everyone is a financial "guru" now-a-days, AKA wanting to make more money for themselves on KZbin.

[@12245Fred]

yes exactly. This comment should be pinned

[@trybeinggr8239]

So become a realtor, an inflencer, or a KZbin star to succeed. 🤷🏼‍♀️ That's what this series seems to show is the way to be financially wise.

[@jeovannysandoval593]

87k debt paid off, 4+ k a month in savings, 27k a year in side hustle AND homeowners. Graham Stephen will be proud.

[@giannyniebla1996]

Who else was thinking Grahm would have another episode with nothing to complain about.

[@friskyisfat]

no because that 4k a month in savings could be going into ADDITIONAL REAL ESTATE

[@NoBoDys1000]

Was thinking the same haha

[@austinluhtala8092]

This is more aligned with Dave Ramsay not Graham Stephan.

[@giannyniebla1996]

@@austinluhtala8092 how so?

[@cctv0921]

They don’t leave in Portland, that looks like Hillsboro or Beaverton. Cost of living is MUCH different

[@EmilyChhunkeoo]

YES

[@mogotrevo]

It could also be Wilsonville. Definitely not Portland though.

[@user-is2lh8qe6t]

It’s Wilsonville lol

[@nr3270]

I was running the same thing!!

[@xcountrykid]

Lives in Portland, goes out to eat at Industry... lol!

[@kayseacamp]

These two are killing the game. It’s so refreshing seeing other younger couples that are smart with their finances. I hope more ppl in our generation become more financially literate.

[@wisemillennial5839]

Totally agree!

[@DonGivani]

Everyone should be learning this in school

[@kayseacamp]

Don Givani the big thing too is making it palatable. If younger students don’t see the value in it at the time they are learning it they won’t commit it to memory. I was blessed to have an Econ teacher in high school who actually made his curriculum super relatable and easy to apply. But I’m sure a lot of Econ classes are just dry boring high level concepts.

[@xcountrykid]

This isn’t in Portland proper and “moving in with my parents” is not what I would call “being smart with finances”.

[@Krankhafter]

They’re killing the game because they aren’t living in Portland lol. Any Portlander knows this isn’t Portland. Neighborhoods don’t look like this in Portland. This is a gated community in Wilsonville where the cost of living is waaaaay cheaper.

[@LaSophiaMichael]

The channel loses all credibility by misrepresentating "Portland". Its like saying they live in NYC when they're live in New Jersey. C'mon.

[@swarrick8789]

Yup that house they live in is in Wilsonville. Nowhere near Portland let alone the metro area lol.. what a joke of a show

[@TaylorDurda]

S Warrick are you kidding me? Wilsonville is 15 mins south of Portland lol. That’s where I live.

[@ellencarter8459]

@@TaylorDurda thanks for debunking that. It just feels like some people watch these videos looking for anything to discredit the content. Not sure if it pains them to see other people doing good in life. Just so weird....

[@Lo.n.donnnnnnnn]

@@ellencarter8459 Well being that I’m from Portland, born and raised its true. Other suburbs outside of Portland are not considered Portland. It’s a different atmosphere, the cost of living in the inner city is way different than the outskirts. Tillamook, Wilsonville, Tigard, Beaverton, etc are not considered Portland, you’d live outside of Portland. This video was terrible representation of Portland.

[@okay1549]

​@@Lo.n.donnnnnnnn LMAO how are you gonna compare tillamook and wilsonville to tigard and beaverton? tigard and beaverton are considered portland by most people, you're just pretentious

[@ignatiusbisko2716]

Smartest people yet on this. Y'all doin' great.

[@rogeliojimenez7494]

Ignatius Bisko Stephan graham laughs at this

[@mattsmillennialmoney39]

Agreed. Expect that pmi on the home

[@dangaofficial]

Ignatius Bisko I put Stephan Graham’s frugal lifestyle to shame I spent hardly anything and debt free

[@SaraH-ul6fr]

I want to see an example of a single or couple managing money with one job and no side hustle.

[@evanlafountain1749]

They should feature me and my wife at 24 living in the same town as this family.

[@kikivee6724]

Thank you

[@shelbys2750]

👋

[@demanrtp]

Still living at home with parents or not?

[@daphnemaegonzales]

Probably me and my husband, I am a housewife, no side hustle, we are able to get through because my husband is good at managing his finances, he got a house a car, debt-free, but we are now startimg to save for emergency funds

[@GolfCoyote]

Welllllll they definitely don't live in Portland or in Multnomah county. So that definitely helps with their expenses

[@MonicaWithAllTheShoes]

Colin1337 You are correct. I am a realtor in the Portland metro area and the neighborhood their house is in is Villebois in Wilsonville.

[@susanmulvey6311]

Well, they were smart at where they bought their home too!!

[@Itssnitchy]

Monica Muro lol two counties away from Portland 😂 no wonder. First thing I noticed when I saw the neighborhood shot.

[@LaSophiaMichael]

@@Itssnitchy Lol my thoughts exactly... Its too clean.

[@Superinky]

Wow what a lie. Wilsonville is not Portland.

[@TheBudgetingWife]

Thanks for sharing our story! We had so much fun. :)

[@VerStarr]

Marissa Lyda awesome video!! Congrats on owning a home too!

[@victoriashore2576]

So cool seeing you here!! I’ve followed you for about a year now

[@iwwanly1544]

You are doing great, I hope you always have the best days 👍

[@TheBudgetingWife]

@@VerStarr Thank you! We're so grateful.

[@TheBudgetingWife]

@@victoriashore2576 Ahh thanks, Victoria!

[@thepodlabs]

it seems like a lot of these people are doing millennial money because they have a KZbin channel and I’m hoping to take advantage of the press

[@asadb1990]

i wonder if they get paid for their time taken in recording.

[@gavip24]

Phantom Warrior no we don’t get paid for it. But at least in my case it has opened doors for sponsorships and speaking engagements with other companies.

[@asadb1990]

@@gavip24 but that seems like a long time to let someone record your life. all my working hours are paid.

[@debbiebrzozowski5259]

That’s really what you got from this...?

[@meaghanceciliawood8972]

I feel like few people are comfortable and do well in front of a camera. Having a KZbin channel gives you that experience....

[@NateOBrien]

Sounds like you guys are doing it right! Happy to see this, congrats!

[@TheBudgetingWife]

Nate O'Brien thanks Nate!

[@lukebandy516]

Doing it wrong, they live in Portland !

[@nikkiboucher8972]

Of course they’re able to save, they make six figures combined. Show some people making under $20k please

[@xeibhlinx]

Right?? Split in half that’s way more than what most people I know make

[@stepheneenoel1860]

That would be about $9 an hour that’s pretty low for one person and would be pretty impossible in most states.

[@melbamonias1093]

@@stepheneenoel1860 yeah but there are people living in that range.

[@evielknievel4972]

Right. They put in the title " Living on $120,000 a year. Put a story where someone lives on $30,000 with a family. Dont understand this video.

[@LaciBee]

Seriously! WTF? This is obnoxious.

[@bensim4628]

I don't know why but I have a feeling that this couple won the game of personal finance AND life. Married and happy. Check. Have wants but keeping them moderate. Check. Have a house they can call their own. Check. You win.

[@joe2k20]

wait for it...Millennial Money

[@MusicBoxAlsoWater]

Read it in Grahams voice! 😂

[@iamjacquesbarjon]

Graham's not gonna be happy with this one

[@alimag515]

seuqcaj13 why not

[@colin1891]

@@alimag515 because there is nothing tot complain about 😅

[@xcountrykid]

As a fellow Portland adjacent Millennial the dissonance with reality here had me dying...

[@nktaylo1]

💯

[@sugarbum2011]

I also live in Portland Oregon. One of the highest taxed highest cost of living states in our nation. Our governor is corrupt our mayor is corrupt and our entire political system is corrupt. They protest every night there’s homeless on every street property is overvalued there are no jobs. Crime is out of control. And this couple acts like Portland Oregon is a beautiful place.

[@nktaylo1]

@@sugarbum2011 Speaking of dissonance with reality. It would appear your MAGA hat is showing.

[@sugarbum2011]

@@nktaylo1 Dam right it is.

[@sugarbum2011]

@@nktaylo1 Hope you enjoy your lockdown. Stay home, stay poor.

[@iohslma]

These guys figured out budgeting and sheltering money from taxes early (HSA, 401k match, IRA) and its paid off well. Interesting we're seeing more youtubers on this channel too!

[@djrx2]

J J Wallace. I’m glad they ignored Dave Ramsey’s advice of stopping 401k contributions entirely. Good for them.

[@youtubespectator669]

@@djrx2 well, technically 401k is delayed taxes and some IRA's are taxed first but I totally agree, more people need to focus on those.

[@raytas9140]

@@djrx2 why would Dave advise that?

[@richardjones9989]

Where their home is located isn't in Portland.

[@angeliqueherrington6127]

I noticed that too

[@catboat863]

Looks like Vancouver to me

[@cass_666]

Looks like they live in Hillsboro. Not necessarily Portland, big difference in house pricing.

[@Krankhafter]

It’s Wilsonville. Cost of living is way cheaper.

[@healthyindulgence923]

I LOVE the fact that they donate $750/m (probably tithing). Generous people attract wealth and become richer. This is only beginning for them.

[@MrApontjos]

^This!!

[@caydenthompson126]

LDS for sure

[@TheBudgetingWife]

Cayden Thompson not LDS. 😊 but we are Christians and giving has always been important to us!

[@caydenthompson126]

@@TheBudgetingWife that's awesome. Same here. We give 10% of our take home. It's a sacrifice but worth it for sure.

[@MinisterMishkin]

@@TheBudgetingWife Wow, that's so generous. More importantly you seem to have a great relationship.

[@pugdad2555]

Lived with parent without having to worry about paying rent for 2 and a half years to get debt free, amazing plan!

[@crazygirl737]

And had their wedding paid by family members and at least her HS car as well

[@MrKrys10x]

this is what boomers think is possible for everyone

[@brianarmstrong7196]

It is dude!? Their situation is harder with the cost of living. Anybody can do this with simple budgeting.

[@savagemode4208]

Bro its pretty realistic..if you put your energy in educating yourself. sorey for my bad english

[@thatlovegirl12]

It kinda is. Try working in tech. I work for a tech company and even the positions that don't require degrees pay well. It's all about finding a good job.

[@mogotrevo]

​@Tyrel Tolliver The average median household income is ~60k which means its based on singles and couples? so I think the average wage for a single american would be lower.

[@FGame2star]

well it's really not that hard, a 60k a year salary is pretty feasible for most people with a HS degree and some computer literacy. you got to get experience though, but in my experience it's usually one spouse works other is a moron.

[@KenoshaCaptures]

All I can think of is "What's up guys! Graham here. You guys have been sending me this video non-stop!"

[@iwwanly1544]

There is nothing to criticize them for, they are doing incredible everything is 100% well-done 👍

[@lawrencetan6615]

Nothing against them but their parents paid for the wedding, and they were able to live with their parents.... Also sounds like they didn't come from poverty or at least 2 parent homes. This is a good example for middle income children but maybe not for those from lower income families or single parent homes.

[@khf729]

You're telling me this girl is married, owns a home, has two fulfilling jobs, and is now expecting a baby all at 25? She is KILLING the game!

[@consumerdebtchitchat]

Raised in Eugene .. lived in Salem / Portland. SO HAPPY to see my hometown people are doing beautifully. So happy for you guys!!!! Congratulations on your baby and success. Living with parents so you can SAVE money is a HUGE leg up and you took wise advantage of it. Well done!

[@celiamellow8389]

If the neighborhood they were walking in was theirs.... I highly doubt the live in Portland. Maybe happy valley

[@Frowndad]

Celia Mellow , it looks like Hillsboro.

[@xrayded5037]

It’s Hillsburito. No house that nice in Portland is worth that. Mine is worth $650k I live in down town hillsburito as well lol 😂

[@Krankhafter]

Apparently its Wilsonville. So definitely not Portland lol.

[@yinda8659]

Why is their budget non taxed? They can’t possibly bring home $9k a month.

[@TheBudgetingWife]

Christian Enyinda hey there! We have some pretax deductions that are coming out of our pay checks and included in the $9k. 😊

[@mace8704]

The amount you’re committing to saving is phenomenal. I’m guessing you’re maxing out either Traditional IRA or 401k contributions to minimize your tax obligations? Have you considered Roth options for either?

[@sierrababbidge2394]

Marissa Lyda hi! My fiancé and I are SO curious! What are the pretax deductions you are referencing? We make the same as you guys and it looks like you bring home almost 15% more than we do! We want to know the secret! 😂 thanks! 😍

[@kendra.s]

@@sierrababbidge2394 it looks like they include the 401k and stuff into their monthly savings in the video. Most people don’t count that as money coming in because it’s removed from your income before you get your check and is taken out pretaxes.

[@AXELBONNAIRE]

400$ a month for food as a couple... I spend more than that by myself

[@dchawk81]

Aldi, bruh.

[@dchawk81]

Bent & dent is an option that also helps but I don't really buy anything Aldi doesn't have because I'm too lazy.

[@TalorsChannel]

I was about to say the same thing. I live in Portland and this seems impossible especially if a person wants to eat nutritious food.

[@missn2021]

😂😂😂😂😂😂 me too 😲

[@AXELBONNAIRE]

dchawk81 dont have that in Canada

[@skullgirrl757]

I live in Portland and this couple makes a lot more than most young couple around here myself included and they're making 124k see like a struggle 🙄

[@abclimbing]

These videos are boring now. Please show more people bad with money

[@consumerdebtchitchat]

Subscribe to Dave Ramsey … those callers will make any day feel better for ya - LOL.

[@teambennett-wells962]

I also think they need more realstic people. I feel like they are showing the small percent of people that are not struggling.

[@H2HwithChelese]

Or some diversity lol sheesh

[@danielfurr7356]

@@teambennett-wells962 These people are not struggling because they made/are making wise choices. The purpose is to learn from them.

[@teambennett-wells962]

@@danielfurr7356 but they also are not struggling because of the privleage and advantages they have had. I want to see someone that really overcame some stuff and they are making it. Not those that had a great head start and had a little hump to get over. SHow me some one who is taking care of their whole family, siblings parents and kids. And still managing a career and investments.

[@melissaandreag]

I love them! They’re a big source of inspiration for me :) A few years of sacrifice are totally worth it!

[@TheBudgetingWife]

Melissa Andrea Gutiérrez ahh thanks, Melissa!

[@johannamichels3758]

This by far is my favorite Millennial Money! Congratulations on the baby and all your success.

[@prettygirlus9008]

Good work! But the income and budget seem a little off. The income is stated at $124K. The spending budget is $109K, so I assume this is also equal to the net after-tax income. But that would indicate state + federal income taxes of only 12%, which seems too low. Oregon state income tax runs 7% - 9.9%. I think they should re-do their spending budget pie chart to show state & federal income tax. And $400/mo for food, if accurate, is excellent! I spend $400/mo for food for one person.

[@Ashley-sd5xn]

They are using tax sheltered accounts like HSA, 401k etc

[@tomlines2010]

Exactly this makes no sense. You have to pay more tax that $20k a year when you're earning $124k

[@cjdearaujo]

I think their take-home pay is around $100K, because they are contributing to 401K and Stuff, and also use Donations and also House Mortgage as a tax right off because that's where their KZbin & Business stuff is done.

[@the_bush_family]

Aside from income, I feel like your story is IDENTICAL to ours! 🤯 The debt free journey, married around 5 years, budget meetings, having a KZbin channel to teach others about debt freedom, and we just recently filmed with CNBC Make It. Ha so funny! Great work guys! ❤

[@natasia325]

Living Tiny with the Bushes y’all going to do a millennial money?

[@the_bush_family]

@@natasia325 yes! It's already been filmed! Just waiting on it to air.

[@the_bush_family]

@@natasia325 yes ma'am! We shot with them a couple of weeks ago. It'll come out in the next couple of months.

[@natasia325]

Living Tiny with the Bushes can’t wait to watch

[@lweendohamuyuni8051]

All the way from Africa (Zambia) I used to follow you on your tiny house channel. Good to see you here 💪🏽

[@Ryan30431]

I love the series but can you showcase someone that didn't start on 3rd base? I swear everyone showcased on this series start with some family wealth.

[@mattsmillennialmoney39]

Dean Price LOL. Sadly that’s true

[@jasmineali5699]

Agree. Staying with parents while working and paying little rent is a privilege so many don't have .

[@jasmineali5699]

@@michaelflynn7688 but they mentioned living with parents while paying off debt. Thats an amazing opportunity that a lot of people don't get. The rent they paid was probably minimal too.

[@texasgirl5787]

Facts.

[@peaceandshine]

They are extremely disciplined with their money if you follow her channel, even now debt free. Even if they didn’t live with her parents after getting married for a few years, they would still accomplish what they have - it would’ve just taken them a little longer.

[@SteveRam]

$4,000/mo toward savings! Graham Stephan will be adopting this couple as his own. 😁great job you guys!

[@oyster3145]

I was impressed when I saw that. One thing I've seen in the USA is that its (somewhat) easier to save than it is here in the UK because graduate salaries are generally higher, especially for engineers, so it kind of sets them up for future financial success.

[@dolcegabbanaforever]

RAM Real Estate Investing Impossible to do in Europe in your 20s.....so unfair that 20-somethings in America can have such huge salaries right out of college when the same jobs in Europe would be lucky to earn half of American salaries..........even lawyers do not earn so much in Europe.........

[@oyster3145]

@@dolcegabbanaforever Exactly, that's why you gotta move weight on the side. I'm kidding ofc, but you HAVE to find something else to supplement your main income.

[@zenihwitz1294]

dolcegabbanaforever why is this unfair? Universities here are very expensive and that’s why a lot of us graduate with debt.

[@avc1648]

Smart millennial money! This was probably the best one I’ve seen.

[@queetbeet]

Thank you for this helpful video of a couple that definitely lives in Beaverton and also lived with family until their debt was paid off enough to allow them to buy a house. Totally realistic and universally applicable.

[@jill9606]

No one said universally applicable. Money struggles can happen no matter what the income. People making millions mismanage their money sometimes on a HUGE scale. Their story is no less worthy of being featured than someone who did not have the same advantages.

[@courtneycoleman1701]

Portland metropolitan area = Portland But yes, not everyone has the privilege of relying on parents

[@Frowndad]

Impress me when you’re making closer to the median income, and you ACTUALLY live in Portland.

[@Hexmommy79]

people who make the median income and live in actual portland have a room in someone's house they rent because you cant live in portland on a median income. I live in portland with my 4 young adult and teen kids one of which now helps with rent and our income is just under 100k a year with all money considered and we are pretty poor in terms of how we live compared to what the same amount of money would get us anywhere else. Our rent is 2400 a month alone and that takes the lion's share of income. We dont have any debt really except some hospital copays we owe but we sure are not able to save anything and we are gonna move to a cheaper area as soon as we can.

[@kyledavy]

Their take home is $109,044 and they make 124k so they pay about 15k in taxes. That doesn't seem right. I don't know what their local and state taxes are but for just Federal taxes alone they'd have to pay 23k

[@callmevictoria9511]

*Great video. 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*

[@cathenido1624]

This is just the right information towards financial freedom as well as wealth creation. For so many years I thought working for other people was the only way to live comfortably, but I came to think differently when I started working with *Donald Nathan Scott* (a registered financial adviser residing in United States). Now I gain a lot working with him.

[@cathenido1624]

To be financially free with a passive income source which exceeds your expenses, you need to invest. It’s not just watching videos and reading investment books anymore but for positive results, work with an expert. I used to think that I can make more money investing on my own without any loss, but I had better luck working with a *financial advisor* . I’m glad I chose to work with *Donald Nathan Scott* and I have no regrets with my decision.

[@MariaDeigo8]

@@cathenido1624 Please , how do I connect with your financial planner( Donald Nathan Scott) ?

[@cathenido1624]

@@MariaDeigo8 As to get more details about my coach; *(Donald Nathan Scott)* quickly do a web check where you can connect with him, do your research with his full names mentioned.

[@allessandromatteo3547]

This is precisely the right information and I hope it motives so many. To win big, you just need to think outside the box. Leading Successful investor, didn’t just get rich doing what others did but took there time investing despite all odds to get to the top. Working on my path towards financial independence, I realized that; “the greater the risk , the more the rewards”. Just a personal advice to anyone who wish to invest, I recommend having a Personal financial planner.

[@kenrenji1]

This just goes to show that finances CAN become a lot simpler once you get married, double the income and mostly the same expenses

[@scholaroftheworldalternatehist]

Arguably finding the right partner is the most difficult decision of one's life

[@andystegner]

These 2 have it together...I think a lot of couples can learn from them!

[@Westcoaststyling]

He gives me Mormon vibes, gonna take a wild swing

[@zaidkhan6296]

Yep definitely

[@melissaandreag]

They’re actually not Mormon! But they are also Christian :)

[@catboat863]

Yeah typical Portland yuppies. Half this city is filled with them and the other half with completely insane people.

[@icecrystal3255]

@@catboat863 Truth🤣

[@julialee143]

Not Mormon

[@hf6568]

2:10 Ron Swanson's pyramid of greatness!!!

[@WendyValencia]

Holy cow guys!!! I can’t believe you are on millennial money!!!!! I’ll be proud to say , I knew you when you were first starting out on KZbin!!!!!

[@nadiaroumane1789]

I’ve been watching Marissa for a few months now so great to see them on here!! She’s inspired me to track my finances more :))

[@freedominabudget]

This is amazing!! Awesome job Jacob and Marissa!

[@TheBudgetingWife]

Freedom In A Budget thanks friend!!

[@knownothinggarage8843]

Freedom In A Budget thanks. :)

[@hidden-expose]

1:32 Costco Members. But they should really be Executive members at Costco to get 2% back which offsets annual membership fee! You earn it on all in-warehouse purchases including tires, prescriptions, food, travel, etc.

[@knownothinggarage8843]

Don’t worry, we do have the executive membership now :)

[@hidden-expose]

Awesome, smart move!

[@Devinfrbs]

They sound like the poster people for Dave Ramsey's plan.

[@nczioox1116]

@coco marineblu How? Thats a compliment lol

[@jiteshsoni1990]

I get so happy when I see people making wise decisions :) at such young ages. Not sure, why this is not mainstream approach to life.

[@teambennett-wells962]

They made smart choices yes but they also had a lot of help getting started. Everyone does not have parents to give them money, let them live with them or even give them good money advice or show them how to handle money correctly. Not everyone is starting at the same start line as them.

[@mmidou2093]

team Bennett-wells my husband and I are pretty similar to them and neither of us has ever gotten a penny from our family nor do we have any networking

[@funnychick2008]

This has been my favorite one so far.They're checking all the right boxes early.

[@SuneraAli]

Love these series!! Please continue to make more! It very refreshing to see how people manage their money

[@BudgetGirl]

Huge congrats friend! Thrilled for you!

[@jellybeans9283]

Budget Girl I love you and your channel 😍☺️

[@GravityGamerXCII]

Do Texas, so I can cry about their giant affordable house

[@the_bush_family]

Or their Tiny house 😂. You'll see us here in a month or so lol.

[@elizabeththom3656]

This is not representative of housing in Portland. The couple lives near Tualatin, almost 20 miles outside the city.

[@tori_forte]

Texas isn't all that cheap anymore. Oklahoma is where the real finds are. Only bad part is you have to live in Oklahoma. XD

[@lee_rayyy58]

@@tori_forte 🤣 Born and raised in Texas and yes it is not as cheap as say even 15 plus years ago

[@rashell6673]

I live in Oregon with food allergies and it costs about $900 for food a month! I also try to eat the best I can as well. I would love to see what food you can buy for $300 from the grocery store!

[@katrinaquezada42]

They don’t live in portland(not even close) and have had a LOT of of finical help from parents. So everything they say is pretty moot. I live in portland(proper), have a house, have a spouse and we get by on 80k but are never quite comfortable or easy. We didn’t have a wedding because we couldn’t afford one. We got married at the courthouse and our friends bought us a cake from a bakery and champagne. We didn’t have a honeymoon. Went back to work the next day. We only shop at winco and are very careful to buy sale items. We each have a car, bought used for under 10k. We don’t take vacations. We go to the beach of Seattle maybe once a summer. We don’t eat out, unless we count papa Murphy’s $12 Tuesday special. We aggressively recycle to have a small cushion for Christmas or birthday presents. It’s hard.

[@jimbopurple2652]

Yeah that's difficult respect to you

[@AlexSuperTramp-]

Their networth increase $6500 per month. That's crazy.

[@awidda]

How bout you do one about living on 30K a year in Portland.

[@zeahlessley6108]

As a millennial that lives in Portland, this couple is definitely the exception, not the rule. Also, as others have said, they don't live in Portland, they live out in Hillsboro 😐 I make a little less than the average at about 30k a year. Literally none of my peers in my friend group make this much money.

[@pomeline]

I so relate to those first few years of sacrifice in marriage being worth the financial freedom. That intensity for a short period of time means we can be generous with our finances and have peace about our future. It's an immense blessing.

[@Alpha_apex]

A lot of you “KZbin experts” miss the whole point of these videos. People are so busy trying to critique every aspect of SOME ONE ELSES decisions and situation, instead of absorbing these videos for what they are. They just show different financial situations for different people in different states. Regardless if they save 4K a month, or 4K a year, most Americans don’t even have 1k in savings period. They are a young couple grinding n and doing what they are suppose to. I’m sure they are learning as they go along. You internet people are really sickening and exhausting at this point in 2020. Smh

[@the_bush_family]

SAY IT LOUDER FOR THE PEOPLE IN THE BACK! 👏👏

[@nikkiboucher8972]

duran barnes I cant learn from situations that are so different from mine. I need a video of people who make less than $20k

[@Alpha_apex]

Nikki Boucher well you actually can learn. Most of these individuals have one thing in common, save and spend on what they only NEED. That’s a good 1st lesson for you. Doesn’t have to be for a lifetime. But it’ll help you get to where your going. And I think they did just drop a video on somebody making 20k. Good luck!

[@nikkiboucher8972]

duran barnes I already only spend on what I need and save everything else. But the basic expenses (rent, transportation, food, utilities) use up almost all my income

[@julialee143]

@@nikkiboucher8972 this probably wouldn’t be the channel for you. I would look into free to family and other budgeting extreme savings channels that show how to live on very little and increase side hustle money. You can do it!

[@smallfootprint2961]

Yes. Staying out of debt... #1... to live a life of sanity. Can't believe that you think $10,000 for a wedding is cheap. No way would I spend that much on a wedding, but you seem to be doing well over all, so good for you for making budgeting a priority. Thanks for sharing.

[@sillies1]

How is their take home income so high? Do they not pay taxes like I do? They take home $109K of the $124k they make.

[@jiggaman112t]

It not possible for their take home to be so high. I’ve noticed MM has been doing this for a while. What I think happens is that they don’t factor in taxes from their side business which is misleading. I make more than they do and factor in taxes, my take home is less even without factoring deductions like 401K.

[@TheBudgetingWife]

Hey there! Some of those items come out of our pay checks as deductions like the HSA, 401k, and health insurance. And some are pretax. So we don’t take home exactly $9k each month, but we save that much including those deductions. 😊

[@mikeock6825]

Social security, Medicare, federal, and state taxes would take more than that.

[@OCSleazy]

They’re take home should be super roughly around $7000 after taxes, insurance, 401k, etc.

[@preoximerias7366]

It’s all about investing into non-taxed accounts.

[@slayden633]

I’m no genius here but 124k a year after taxes in OR would be approximately $6,800 a month. How is the budget over $9,000 a month?

[@irisxkae]

slayden633 exactly has to be business income

[@TheBudgetingWife]

slayden633 we have some pretax deductions that are coming out of our pay checks that are included in these numbers. 😊

[@financerunner]

Was gonna say that the HSA is a tax advantages account, so comes out before taxes, as do ROTH IRA’s.

[@akaykay568]

@@financerunner Roth is after tax

[@financerunner]

@@akaykay568 Yes! meant Traditional 401k haha.

[@YouthCareerCenter]

Awesome you guys! This is the best one yet and congratulations on your pregnancy! Sidenote: Marissa looks like Kiera Knightley!

[@TheBudgetingWife]

Thank you!! I do get that as my celebrity look alike some times. 😊

[@haven9652]

They aren’t just good with money...they are phenomenal!! Goals!!

[@wakilinjogu1727]

Hard to find such a lady as a wife, Jacob is lucky

[@kimbaa.g.4038]

My hubby and I are completely debt free, we paid off our mortgage earlier this year. We’re in our early 30’s. We have an emergency fund. We paid our way thru college while being married. I’ve driven the same car for 12 years! We love to travel and now are investing in the stock market. No one handed us anything.. Hard work and discipline pays off people! 🥳🥳

[@avril14thlove]

I really don't understand how these calculations are made, can someone clear it up for me? In what universe does $124k/year = $9k/month after tax? Are taxes in Oregon really that low? I make about $84k and have the absolute minimum number of deductions taken out of my paycheck, and my take home is about $5k/month.

[@TheBudgetingWife]

avril14thlove hey there! Some of those savings were out of our pay checks before our take home. Like the HSA, 401k, 403b and health insurance. And some of those are pre-tax savings. 😊

[@rockafellagurung2541]

Marissa Lyda 🤔🤔🤔 me and wife making $145000 a year and still not making 9k a month. I think its to leave this state 😂

[@slayden633]

No your right they’re basically saying less than $1,000 is coming out a month in taxes. I’m no genius but no state has 8% tax lol

[@nikkernacker1]

Marissa and Jacob!!!!! I didn’t know y’all had a news segment about your journey 😀😀😀😀 This is awesome!!!!

[@midnightmonkey92]

Can someone clarify for me please how their monthly budget is $9000? Times by 12 = 108K which means they only get taxed 13%?

[@internetexploreer]

Gordon Zhang i wanna know too!

[@icecrystal3255]

They do provide some real life advice, like their ability to pay off debt being due to living with parents and living like college students even when working. I appreciate these tidbits.

[@wisemillennial5839]

My next video should thus be: Family of Four living on $31k in Atlanta.

[@strueplay]

smartest couple i've seen on this series so far. living below their means, not keeping up with the jones', playing the long game and delaying gratification.

[@kylemcgowan1]

DINK - Dual income and no kids (yet)

[@cinloykko]

I watch her financial KZbin channel and was so surprised to see this pop up on my recommend! What a good recap of her success. Love it

[@Julgeo16]

Awesome video! Love Marissa and her KZbin Channel!!

[@pvalentinep12]

debt free, combined finances, focused!!!! love it!!! great job guys!!!

[@bryanshealy1260]

of course she has a you-tube channel...

[@AvaElizabeth]

Yay Marissa and Jacob! So happy to see your success and discipline featured :)

[@Mrsdrzeee]

“I was raised by a single mom.” “My mom and step dad helped pay for the wedding” “my dad helped pay for the wedding” 🧐

[@prepordietryin9119]

I never would have noticed that.

[@kayseacamp]

Her mother could have gotten married when she was older like high school age. If the majority of her childhood was spent being raised by just her mom, her statement is valid. Also simply because her father is in her life now doesn't mean he always was. And child support (if her mom got it) doesn't always cover enough of the cost to raise children especially multiple children.

[@haute03]

You missed the part where she said, "for the majority of my childhood."

[@erinboyce9573]

As someone who lives in downtown Portland it’s hilarious that these people say they live in Portland and it’s immediately clear they live in Hillsboro (30+ minutes away) or somewhere way more affordable than actual Portland.

[@kirkland12]

Sounds like they follow the Dave Ramsey principles.

[@samhenric8899]

No, they aren't. They are contributing more than 15% of their income to retirement without having their home paid off. They also put less than 20% down on their home, causing them to pay PMI, which Dave does not recommend. Essentially, from a balance sheet perspective, they are borrowing from their home to invest more than 15%, which is not what Dave teaches.

[@erikgonzalez2278]

sam henric no question though they are doing just fine.

[@samhenric8899]

@@erikgonzalez2278 Agreed

[@swicheroo1]

No. She's an accountant. He started off as one. I come from a family of CPA's. People like Dave Ramsey and Graham Stephens and Suze Ohrman are financial baby-minds. I've asked my family members about whether they watch those Media Personalities. "I did for a couple episodes but the advice is too simple." Trained CPA's are on another level of money management. It's like Keanu Reeves in the Matrix.

[@dchawk81]

@@swicheroo1 And the sad part is they have no tolerance for alternative approaches. It's just "be miserable, pay everything off, keep being miserable to invest until you're a millionaire then spend money on a cruise with us." Kid you not, Dave was pushing cruises and his sponsored version of LifeLock recently.

[@jewelthompson4210]

They did great! Stayed w/ the parents and saved for a house. Very wise couple!!!

[@iamkerenlouise]

Graham Stephan By and large, will like this couple very much, when he does his review--especially them paying off debt, and making more income with her blog. Cool and astute couple.

[@mercyc.s4401]

This is not Portland, this is a suburb outside of Portland. Just change the title to close to Portland and you'll be accurate. I noticed that Marissa responds to clarify to other comments about their actual take home pay but has not replied to any of the users pointing out that they don't actually live in Portland.

[@TheBudgetingWife]

Hi Mercy. :) We live in the Portland-metro area. :) While we're not downtown, we're close to city center. Our area is in the suburbs but still in the greater-Portland area.

[@mercyc.s4401]

@@TheBudgetingWife sooooo Gresham or Beaverton which as someone from Portland will recognize is distinctly different in terms of cost of living.

[@nm243]

Portland metro includes Vancouver WA too.... so it’s clickbait. Portland is Portland and Portland metro encompasses many surrounding areas outside the CITY of Portland.

[@xeibhlinx]

Mercy C.S someone said they live in Wilsonville which I don’t think most Portlanders, myself included, would consider to be the greater Portland area

[@johnwolf7073]

0:36 i thought she was going to say "together we are 53" LOL xd

[@bradymacdonald1203]

crazy! my wife and i make the same, exact same age and we have payed off $80k in debt since we got married, we also save $4k a month. we were to Hawaii in April and universal in November. nice job guys!

[@iwwanly1544]

These two would make a great friendship bond with Graham 👍they are an inspiration ❤

[@hiddenwarrior1234]

The math doesnt make sense... 124K after tax is 7206 per month BUT they spend 9087 per month. How are they not in debt?

[@trendymadness5159]

Tax deferred accounts, such as 401ks which allow you to lower the amount of income that's taxed. Their budget outside of savings is pretty simple, Only 4,000 a month

[@ourtime-downhere6931]

124k after tax is $10,300 a month

[@dominicalvarez1129]

When he talks about loving having a home, he keeps looking at his wife like "I'm following the script baby, I love the home, i promise"

[@katedavid7080]

It’s obvious you’re believers. Your countenance is your witness. Way to go!!!

[@thepodlabs]

what a perfect couple!

[@benicia21]

in the monthly budget, should include a slice for amortized cost of large “one-time” purchase items like furniture, new tires for cars, new roof for home, etc. otherwise this is distorted. especially as homeowners, these costs are real and should be considered in a category aside from savings

[@OregonGrower420]

The middle class is slowly becoming less like the middle class everyday. Some day in the future you’ll have to make 200k a year just to meet your budget

[@aliali-ce3yf]

they seem smart, went to school locally, paid off debt quick - they are fortunate to have family support to help bring down their debt (wedding expense, then living with their parents). the youtube channel income/side hustle isn't something a typical person can learn from/adapt

[@whatever5922]

this inspired me so much!! They’re such a cute couple too. Wishing them the best 💕

[@sharlenelockett2224]

I think they most important thing is no matter how much you make, you can save something no matter how little. It's all about choices and what we want out of life. Do the little things which can lead to big things. Being debt free is an awesome feeling, knowing that you can do what you want to when and if you choose to. Congrats on the new baby!