Suze Orman Reacts: Living On $118K A Year In Philadelphia | Millennial Money

[@roypatterson6884]

This is insane! I can’t believe Suze did this ! Thank you so much 😊

[@rameshrnayak]

All the best

[@SuperEtab]

Love her.

[@cocosjourney7712]

Hey Roy, your story is very inspiring. I saw the original video of your background and your student journey then employee. I never had debt of my life (French education and 31 years old). Do you have books recommandations about investment and finances. I am saving aggressively but I need some tips to start investing in 2021. I wish you all the best Roy. Chloé

[@lichi1244eva]

Loved your episode!!

[@roypatterson6884]

@@cocosjourney7712 Hi Chloe, email me at [e-mail] and I can send you some recommendations !

[@nataliefontane]

I've always loved Suze's advice about how partners should divide their expenses. I don't know why so many people still do 50/50 when they're not earning the same income.

[@TritoneTrickster]

Me too! For some reason when I was in my early 20’s I was hooked on this notion that it should be a 50/50 split, even when my bf was on 75K and I was on 25K! It think it was to do with the fact I still felt we’d be using the house the same way but from Suze’s advice I see this completely differently these days. It’s just not viable for some couples.

[@TritoneTrickster]

@Alice Monkey we can, we do, and we will. Save this prehistoric view for Dave Ramsey’s channel, please.

[@TheKarebear666]

Definitely agree. I was splitting the bills 50/50 with my ex who made 6x what I was when I was school (had been together for 7yrs before I went back to school) then he had the audacity to get mad at me for not going on as many adventures with him. Boy, I'm working 30hrs a week to pay my bills while doing full time classes with a 9.0 average, I don't have the energy or money to spend time with you. If you want your relationships to last, split proportional to income

[@TheKarebear666]

@Alice Monkey Nah. He didn't make that much money. I just only make enough money to cover my bills and not go into debt while in school

[@ecmorgan07]

@@TritoneTrickster q

[@jordanhubbard5769]

Best episode yet!! Truly beautiful to see how it went full circle from Roy’s family admiring Suze, to Suze giving him kudos and admiring him and his success here 😊

[@roypatterson6884]

Such a surreal experience

[@dayvidsdays5644]

Suze Orman is telling the truth about eating out. I think I spent around $5K+ in 2019 but i'm at a fraction of that for 2020. It really puts things into perspective:)

[@nomadic8000]

This year was truly 2020 vision!!!

[@iqramurtaza3399]

Suze sounds like a proud mother in this video 😅

[@cocodakilla]

It's so interesting how European student loan debt is so different from American student loan debt. Ours doesn't affect our credit score and is encouraged to pay minimum payments AND it is cancelled after 30 years. No stress to pay it off.

[@jodiegreene6793]

🤦🏽‍♀️ 🇺🇸

[@bsm6776]

And the degree doesn’t matter as much because everyone has it

[@Gcn224]

@@bsm6776 I wish the US higher education system wasn’t some classist mess and it was common for every person to be educated

[@bsm6776]

@@Gcn224 it’s not, K-12 is “free” for every child

[@Gcn224]

@@bsm6776 “k-12” 😂😂

[@disvolent]

Nobody: Suze: Did you hear that? Yes girl we are watching the same video! 🤣

[@AllAboutPurple]

Lmao 😂😂😩

[@ZwRkErDa]

She's just a sweetheart! xD My god! gotta love her tho

[@thekulture5168]

Would be great if you could have a virtual coffee with him. Clearly he looks up to you a lot😍

[@hlevin7419]

THIS IS A GREAT IDEA!!!

[@roypatterson6884]

Let’s make it happen !

[@hlevin7419]

@@roypatterson6884 can you reach back out to CNBC make it and see if they are interested? I don’t see why they would be opposed to it. Btw, I checked out your channel but saw you had no videos uploaded. If you started posting I’d definitely watch! I love your personality!

[@ladylove34]

This video made my day!!! I’m a huge Suze Orman fan, been watching her since my first job in high school as an IHOP waitress. Now I’m a big Roy fan! Thanks for bringing something positive to the feed.

[@kevincranmer6598]

I MISS SUZE!!!! We need more Suze!

[@NabankitaRC]

I just loved the way Roy went on to explore other sector!! Also his post graduate was funded by his firm!! Amazing!!! 🎉

[@egee1010]

Omg I’m so happy to see Suze Orman! I grew up watching her too and was so sad when the show stopped! Love her enthusiasm about money and her philosophies! Great video! ❤️❤️

[@kimdavis6398]

I too watched Suze O every Saturday at 9p she motivated me in so many ways. I paid my home off completely and became F.I.R.E. I was kinda expecting her to say "You Have Been Approved" at the end:-) Great job Roy keep it up!

[@DanaYi13]

The original episode was great, and this reaction was wholesome and awesome!

[@roypatterson6884]

Thank you very much !

[@snowgirl926]

For the housing part, as a single, I can’t make my housing so low (less than $1000) unless I am willing to have roommates. It is hard for someone at his/her 30s to live with roommates as well. So the housing is limited by one’s relationship status. Other than the housing, lowering other costs is doable.

[@bluemascara1]

More of Suze’s reactions please!! She’s incredible to watch

[@alwynjohn-thesimpleinvesto4730]

Love the content! Very insightful to understand and learn others

[@Shavoyrussell]

I lost my job because of the pandemic. So I started a meditation and healing channel 🙏🏽

[@sironeil-personalfinancere9367]

Who else saw the original episode on mellionial money?

[@dayvidsdays5644]

Here ^^. It means a lot cause he's from Philly too. Great to see fellow Millennials that are doing well during this time.

[@cocosjourney7712]

I did few months ago. A very inspiring story even if I never had debt of my entire life regarding to education (French education)

[@VerStarr]

👇 your future millionaires right here!

[@dayvidsdays5644]

Slow and steady! We'll get there soon! Believe it. :)

[@supriyanarayani8629]

We all are going to get there. :)

[@Jazzy869]

This is actually couple goals!!!!!!!!

[@Dragonson575]

What are those things Suze mentions at the end? A living revocable trust, advance directive, etc...

[@dreindenver798]

The advance directive is a written document that contains your wishes as to how you want to be medically treated. It makes sure your wishes are carried out if you're unable to communicate with a doctor. A power of attorney is someone you have appointed to handle your finances and healthcare in the event you're not able to. Like when a parent gets to the point when they can no longer take care of their finances, or make decisions regarding their healthcare, or care for themselves. Usually a son or daughter will become the PoA. A living revocable trust is a document that indicates how your assets will be divided when you die.

[@DW-tu8pt]

financialsolutions.suzeorman.com/willandtrust-go/?gclid=CjwKCAiArIH_BRB2EiwALfbH1Ia8mSsJ41wIcxtEsShy--VqXCddlOYinFPHvdoKOyVZmKzQ4hVXOxoCujwQAvD_BwE

[@Dragonson575]

@@dreindenver798 Thanks

[@monique.thenurse55]

I was in the same situation 10 years ago ,when I graduated college..BSN Nurse .i was a executive assistant while in college.I listened to my Grandparents i wised up pay my student loan off , and start reading Suzie Ottoman books took some notes and Prioritize my life tremendously. I cleaned up my credit pay off debt . I’m saving more money invested a little in stocks for my retirement,I also Cut off things I didn’t need. Like cable ,cook at home more .Buy things I need in cash ,don’t use my cards .I’m doing alright now, I can rest easy now 🙌🏾thank you for your advice, Grandma and Grandpa in Heaven watching over me 😇🙏❤️I love you so much Thank you Suzzie Ottoman for your amazing knowledge..❤️👏👏👏👏

[@mariec.9102]

Nurse - Suze's last name is ORMAN! ...Not Ottoman 😆🤣 you're smart, please go back and correct your spelling. "ORMAN" is in the title of the video!😆

[@kaetmcgee5258]

I’m 25 and listened to my grandpas advice... open a Roth IRA. I know I will be thankful later on

[@ShadesOfIvery]

Thats what my math teacher did at 21, retired from being a college professor at 51.

[@mariam3030]

I need suze to be my inner voice of encouragement and accountability she's awesome

[@KS-cl8br]

Congratulations on your success Roy. Great that you save and invest so much.

[@timewithruth]

Love it! Is there a full video of Roy?

[@teeyateeyah233]

Love this! Good job Roy! Motivationnnnn!

[@colorfulcodes]

Wow she studied social work? I'm proud of her.

[@Obe_ren10]

Now Graham needs to react to this 👍

[@olumideononaiye5748]

Suze loving roy so far, I love it

[@niznomores7961]

I miss her shows so much. Dang, I miss her. She gave invaluable advise.

[@sportsfan1683]

This was so good.

[@PasserBy869]

He's working at Cigna.. Pretty sure he is insured and covered.

[@chrislanejones]

He also makes bank because the company he is working for is literally robbing Americans left and right. You don't need to rob a bank when you could just own an insurance company.

[@Bigedub101]

@@chrislanejones He does IT

[@chrislanejones]

@@Bigedub101 why should that matter I do web development.

[@lenaprice6239]

I know your comment is 2 years old, but Cigna Health provides the absolute best health care insurance in the U.S. When I worked for a very prestigious organization, I was covered by Cigna and the insurance premiums were low (thanks to my employer) and the coverage was exceptional.

[@Abbasshaikh42]

Bring graham on. We need his reaction.

[@jemmabarlas8176]

Looool this was awesome!

[@brunogonzalez9247]

I don't know who needs to hear this but stop saving all your money. Invest some of it if you want financial freedom.

[@brunogonzalez9247]

Invest in bitcoin,gold,silver,buy stock, forex market.anything! just Invest and save yourself

[@mollydrewryville5520]

honestly man. I tell this to my friends everyday.its good to save money but gotta have that investing spirit if you really want financial freedom.

[@oliverstones8727]

What if you don't know how to trade any of these? I mean I see your point. Some people have the money and are willing to invest. But the problem is where to

[@tarikthetrader2225]

@@oliverstones8727 .dude, this is 2020 people who aren't even trader's still make money from the crypto and forex markets

[@tarikthetrader2225]

My trading mentor Mrs Lynn Maria Liaskos runs an investment platform,I paid $3000 just last week and today she paid me $8000 .It's amazing!

[@aircreed]

So inspiring!!

[@TheImperfectReader]

I listened to Suze O in elementary school on the radio/PBS.

[@ngoalpo]

You go Roy! You're a rock star!

[@roypatterson6884]

Thank you !

[@BrownskinbambiRN]

So many people say invest roth ira, why don't someone show what to invest In geez and how to open a roth ira

[@lenaprice6239]

It's easy... everyone who is investing, invests in low cost index funds that track the S&P 500, total stock market, etc. Read the Simple Path to Wealth, by J.L. Collins. He explains it all. Also, subscribe to Graham Stephan.

[@lonnellwashere]

20% down and 8 months' worth of mortgage?!?!?!

[@ciel222]

As always GREAT ADVICES Suze 😊👏👏👏

[@drewconway7135]

I can’t believe she’s criticizing him for buying an investment property. He’s putting $1,900/mo into liquid savings-so yes, he can manage the payments. The bigger problem is that he’s not maxing out his retirement contributions, to both the Roth IRA and the 401(k).

[@Cleo1John]

Agree with you.. I have her the side eye for that little but significant commentary

[@nursedom6398]

I’m a nurse and need to start saving in both of these right away

[@KBWeeds]

She’s being practical because while he’s set now, Investment properties are no joke and expenses can quickly creep in. Tenets can get out of pocket & cause damage, repairs & maintenance of property can get ridiculous, landlord-tenant laws vary per state and it can get crazy expensive if you need to go to court, on top of that lawyers are expensive too, planning for any renovations prior and buffer just in case.

[@drewconway7135]

@@KBWeeds Yeah… hence the liquid savings. That’s my point. He’s not just buying a property and crossing his fingers that it will be sunshine and rainbows-he’s stashing money in case things go sideways

[@biscuitthecat3316]

Don't know who she is but she seems cool

[@raymondcunanan1135]

He’s doing so good!!!!

[@capote1789]

@Graham Reacts to Suze Orman Reacts...... wait what!

[@majoroldladyakamom6948]

Love Ms. Orman. Too much drama, click bait. Ugh!

[@qpianist]

He is GORGEOUS

[@novaweiss6706]

Good video!😀

[@l3zfrancais]

I'm hoping to join the 6 figure club soon.

[@MsMockingbird06]

Adults in my life: “student loan debt is good debt.” Suze: “student loan debt is dangerous debt.” Now I understand why I’m behind financially 🤦🏾‍♀️ Suze where were you when I was selecting a college? Time to grow from my mistakes and make a comeback 😉

[@ComprehensionsHD]

Hi Graham!

[@GrahamStephan]

Hey!

[@Talkinglife]

Nice vid

[@DW-tu8pt]

wait wait...@suze why did you mention life insurance? He doesn't have kids, why would he need life insurance - only the 4 important documents that you mentioned.

[@mahlatse8605]

I think everyone should have life insurance. However to answer your question, his parents or relatives may have some dependence on him. Not just his future kids

[@ts8024]

And if he decides to get married and have kids later on, at least he will have it and have a lower premium since he got it at a younger age.

[@Athandatu]

You know Graham is going to be all over this sooner than you think.

[@jorgevasquez2947]

I want Graham to view this video 👍

[@boat_shoe_bobby]

Anyone else go back to Graham’s response to this video 😹

[@EsmeraldaHoxha91]

Am I the only one getting obsessed with CNBC Make it?

[@tambakongoh]

Bravo to us

[@anonymoustube1]

lmao she called him boyfrienddd

[@KeepinItRealAllDay]

I started my career 6 years ago with a total compensation (TC) of around 110k as an engineer. Now my TC is around 300% higher.

[@nalynanadz5958]

Wow

[@ljr3061]

I could save that much too if my housing costs were that cheap

[@1.5Koreans0.5American]

I bet he feels great being debt free.

[@dantran5395]

I wonder why he doesn’t max out his Roth IRA instead of putting into a brokerage account

[@roypatterson6884]

I actually did max it out. I was concerned about tax ramifications due to my increased income (not mentioned) but I got that taken care of !

[@dantran5395]

@@roypatterson6884 nice that’s awesome!! Were you worried about hitting the Roth IRA phase out with your new income increase? Traditional 401K’s always help with MAGI! You’re doing a great job

[@roypatterson6884]

That was exactly it, I was concerned that I may have to do a backdoor Roth, but you’re right my 401K contribution will mitigate my income threshold. Thanks for the encouragement!

[@dantran5395]

@@roypatterson6884 I’m sure you’ll start having to do the backdoor soon anyways! Maybe even by next year?? You seem like someone that would enjoy the FIRE community

[@JERCHROME]

"i have a lot of money but i don't like going out to eat" buttttt prime rib made by someone else hits different!!! jkjk

[@supermario1124]

More videos of Suze!

[@nooks12]

My husband is a manager and makes x2 what I make. We pool our money in one 'pot' and pay our expenses, savings from there. No proportioning according to each salary since we're a team.. Works for us. We also each get a little bit of spending money per month.

[@RetroBasementGamingAnime]

Nice! Smart guy.

[@saulgoodman2018]

$750 for food?

[@dosmikle1]

750 for food and cooks at home

[@saulgoodman2018]

@@dosmikle1 If you cook at home, how can you spend $750 for food? Even whole food don't charge that much.

[@reesej7279]

Depends on what you cook, ingredients used, where you shop, and how you shop. If you don't look for sales/plan ahead and just purchase items things at regular price it can add up,

[@nursedom6398]

Susie I’ve loved you forever Nice video

[@reginaldmelton623]

We need fathers sons brothers homies uncle nephews with financial Where with all

[@CalabarSweetii]

Can’t wait for Graham Stephan to react to Suze Orman reacting to Roy.

[@camiiii31]

can graham please react to this!!

[@nooks12]

This man does not have childcare costs or college/University loans to pay back. If he did, he wouldn't be saving half of his paycheck!

[@leahmcdermott4189]

Well, he is saving half of his paycheck and that’s definitely something to be proud about. He chose not to have any children at that point, because it’s a big expense and he chose to get serious and pay down his student loans. No one told others to rack up lots of debt and have children. He’s doing incredible and he’s made conscious decisions to be able to save that amount.

[@KellyKochanski]

He just spent 4 years paying off $55k of student loans... he sure didn't start out ahead in that regard, he prioritized it and paid a big chunk of his income, for several years, to get them paid off

[@ibmtpx24]

Living with 70+% saving rate with income less than 100k a year. I wish to watch something like that. I too doubled my income in the past 7 years.

[@Notunes]

I'm Barbara and I'm not in this video.for that reason I'm out

[@StylinSis3189]

Lmaooooooo

[@hachmejo]

Thinking about money all the time is a waste of our finite existence. This is the epitome of alienation.

[@elijahsplaytime2540]

It also helps that he lives in one of the most affordable American cities, Philadelphia

[@ProjectM97]

Suburbs of Philadelphia are affordable. Properties downtown are small and $500,000-$2 million.

[@kushal4956]

a lotta people say 'i think i am' just to sound humble

[@donaldmicheal4288]

I've always wanted to invest in forex/stock trading, after a few trials I realized that trading without a good mentor and guidance is a waste of time and money.

[@andrewlucky1038]

The market is broad enough so market can be so complicated especially as a beginner, i saw a post here by one Michael Logan guy about 2weeks ago recommending Andy Calistoga as the best trader, in summary I'm so glad i did, his method have proved most lucrative, i encourage traders out there to get in connection with Mr Andy Calistoga for trade help.

[@michealdonaldray5198]

Good things don't always come our way so easily. Finding Mr Andy Calistoga wasn’t easy for me because I was scammed twice though I have been able to recover that. thanks to Mr Andy for proving to be different.

[@anthonyauthur7720]

Mr Andy made trading a lot easier for me. I believe his experience over the years is a catalyst to his success and consistency in making profits

[@petersonvalentine5126]

How can I get to Mr Andy Calistoga I’ve heard a lot already

[@michealdonaldray5198]

A n d y c a l i 9 2 4 @ y a h o o . c o m

[@keysnoalicia]

🇯🇲🇯🇲🇯🇲🇯🇲🇯🇲💪🏾🙌🏾

[@bsm6776]

That was dumb to pay that off since the interest rate is probably lower than 401k return

[@bobdobb9017]

Scamming “b#*ch”. Watch the documentary “How suse orman scammed the poor and middle class”

[@dmytriidolhov90]

How to apply to be one of those mellenials? You guys need an immigrant story? :)

[@rituparnnamishra675]

All ears

[@Brokeloco]

Is Susie O and Donald Trump dating?? Because they had the whole Cheetoes looking thing going on. Lol

[@saulgoodman2018]

31 years old, and have a grey patch?

[@devnerdgirl4638]

Looks like a birthmark.

[@saulgoodman2018]

@@devnerdgirl4638 A grey birthmark?

[@tifipaul5686]

I've seen kids with that grey patch. It's called birthmark when a young person has it. Graying prematurely is often linked to genetics as well.

[@saulgoodman2018]

@@tifipaul5686 Birthmarks are not grey.

[@terrioven7679]

The helpless great-grandmother primarily type because clipper ultrascructurally vanish atop a apathetic bagel. sour, productive quality

[@judyvandemark2069]

The spotted dress ultrasonographically seal because rub electronmicroscopically strengthen anenst a hospitable buffet. mysterious, adventurous algeria

[@abhiramkidambi6666]

First

[@rhaile92]

Congrats

[@preciousalley7615]

Suze Orman ? Thumb's down.

[@ActiveRehabMobility]

Suze Orman sells who to become successful but she herself uses a different strategy.

[@mariec.9102]

What? What are you trying to say? What do you mean?

[@patricepavard5279]

Should Young people invest in Bitcoin?

[@markluke335]

At the end of the day TSLA is the best nice vedio though and it's good hearing about bitcoin ,and the progress they are making.

[@moratafred7209]

Can't believe there is a Bitcoin and a TSLA comparison

[@andreaslyon1661]

My money is on bitcoin anyday

[@robertwilkinson9564]

Why worry about which is better..?

[@markmelancon4593]

If the goal is to attain financial security then their is a need to for you to diversify your investments

[@milliemouse6525]

Pretty funny YOU don't like eating out 🤔, didn't you start out as a waitress? What would you have done if no one ate out?

[@sa34w]

The host is annoying

[@LilYashy]

What are those things Suze mentions at the end? A living revocable trust, advance directive, etc...

[@sandra02111978]

Listen to her podcasts. She goes into depth on these topics there. They are very important.

[@saulgoodman2018]

Google it.

[@Talkinglife]

Nice vid