We Make $227K A Year - And Budget $19K A Month

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CNBC Make It

CNBC Make It

4 ай бұрын

Jenna Bhaloo, 30, lives in Chicago, Illinois with her husband Neil. The couple earns around $227,000 a year, and are working towards a $2.5 million net worth. Jenna and Neil's income comes from a combination of Jenna's work as a senior financial analyst and Neil's job in tech.
This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
Produced by: Valentina Duarte
Managing Producer: Beatriz Bajuelos
Camera: Yijun Pan
Editor: Marisa Forziati
Animator: Elham Ataeiazar
Reporter: Kamaron McNair
Additional Footage: Jenna Bhaloo
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We Make $227K A Year - And Budget $19K A Month

Пікірлер: 365
@CNBCMakeIt
@CNBCMakeIt 3 ай бұрын
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​
@gregwatkins1332
@gregwatkins1332 3 ай бұрын
Would love to be featured!
@tonyj33
@tonyj33 2 ай бұрын
Could you break down the math on the net income per month?
@chigoziejoshua3479
@chigoziejoshua3479 11 күн бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@festusmadidi2634
@festusmadidi2634 11 күн бұрын
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@chigoziejoshua3479
@chigoziejoshua3479 11 күн бұрын
@@festusmadidi2634 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@festusmadidi2634
@festusmadidi2634 11 күн бұрын
@@chigoziejoshua3479 My advisor is Victoria Carmen Santaella
@festusmadidi2634
@festusmadidi2634 11 күн бұрын
You can look her up online
@festusmadidi2634
@festusmadidi2634 11 күн бұрын
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.
@r.canales9461
@r.canales9461 2 ай бұрын
The biggest takeaways that make this couple successful, which few have, is studying really hard and smarts (thus earning some scholarships) but much more importantly is having wealthy parents. She went to 3 super expensive private schools: Northwestern, Boston U and Duke. That’s easily $400K in student loan debt for most people, yet she walked away with no debt. That’s the real miracle here. She’s fortunate to have wealthy parents.
@sri_creations9757
@sri_creations9757 2 күн бұрын
Yes
@charterinsider576
@charterinsider576 3 ай бұрын
“Spent” shouldn’t include the money going into savings
@Happysoul_3
@Happysoul_3 3 ай бұрын
They are more focused on creating a clickbait title😂
@uwone7778
@uwone7778 3 ай бұрын
Thats how you save. You consider money in savings gone.
@briankitchen9764
@briankitchen9764 3 ай бұрын
I would like to see Millennial Money revamp the way that they talk about the budgets to account for taxes, to make clear that saving or investing is not "spending," and to aggregate multiple months of data. This couple is obviously doing well for themselves, but September 2023 can't be an average month for them. There's just no way that a couple grossing $227k would be able to net down $19k/month. There would be no room for taxes in that math, which in a city like Chicago takes probably 40% of their gross income.
@anthonybrown06
@anthonybrown06 3 ай бұрын
Very well said
@lashaonda
@lashaonda 3 ай бұрын
I was thinking the same thing
@ndwolfwood09
@ndwolfwood09 3 ай бұрын
You're right, no tax is involved... something doesn't add up! Also netting 19K/mon x 12 mon = 228K/year, the math doesn't add up either! lol
@TinaLeder
@TinaLeder 3 ай бұрын
Such a good point. Otherwise, we're not getting the real picture.
@RealSerie26
@RealSerie26 3 ай бұрын
The math ain’t mathing. Their budget is over 50% higher than their take home pay.
@catarinak2543
@catarinak2543 3 ай бұрын
The numbers presented here really don’t add up in terms of accounting for taxes or how the couple was able to accumulate their net worth in less than eight years since they attended graduate school.
@haywardsmartin1923
@haywardsmartin1923 3 ай бұрын
Of course the numbers don’t add up. Stop believing everything you see online.
@pn4640
@pn4640 3 ай бұрын
Parents gifted them 700K on their wedding day lol
@iliaspc
@iliaspc 2 ай бұрын
These videos just want to make you feel bad lol.
@boostftw123
@boostftw123 2 ай бұрын
agreed. i make around 230k and only bring home 10k net. im not sure how they bring home 19k lol
@josephdantes1605
@josephdantes1605 2 ай бұрын
@@boostftw123 earning lots as a single person frankly sucks. uncle sam takes a lot. they're in a better spot (from a tax perspective) since they're married.
@abbyoneill4473
@abbyoneill4473 3 ай бұрын
Once time a friend of mine (we were around 30 at the time) mentioned she had $100k in savings. I was stunned. She was like “you don’t have $100k saved yet???!” About 5min into the convo I find out her parents gave her the $100k after years of saving/investing on her behalf. Very common in her culture apparently. I’m like yeah then no wonder I don’t have as much, I’ve had to earn everything I have!😂 I wish everyone would be honest about the help they get from family. It’s unrealistic for the rest of us to compare ourselves until we know that information.
@missalicesmiles
@missalicesmiles 3 ай бұрын
It depends how much you make. If you work in tech, it should be easy to save 100k or multiples of this by 30
@ItIsFreshCut
@ItIsFreshCut 3 ай бұрын
@@missalicesmilesnot true. I make more money than the higher earner of the two and I’m younger and still there is no way on earth I’ll have 800k saved, by the time I’m 30. He’s 30 and his parents are paying for his MBA?! They are in a great place and thriving but those circumstances not realistic for 95% of the population.
@missalicesmiles
@missalicesmiles 3 ай бұрын
@@ItIsFreshCut you don't know how family situation. Maybe his parents have a lot of money and it's not like they can take their money to their grave. In that case, why not help their kids out, especially if it's something meaningful? Most people I know are self made and those who are privileged could still afford to pay for things their parents offer to pay for.
@ItIsFreshCut
@ItIsFreshCut 3 ай бұрын
@@missalicesmilesyou’re changing topics here. You said if you work in tech it should be easy to have savings in 400k+ range by 30. I said not without some help. I didn’t say you shouldn’t help your kids. I didn’t say the parents were wrong. I said most people can’t relate and this situation is extremely unrealistic for most people.
@missalicesmiles
@missalicesmiles 3 ай бұрын
@@ItIsFreshCut it's not an unrelatable situation in tech so i don't think you work in tech. Multiples could be something as low as 300k needed for a down payment. Again, please note the operative word here is tech where everyone's pay starts at six figures I did it and so did many people I know
@johnhornbarger6192
@johnhornbarger6192 3 ай бұрын
I just feel like it’s kinda weird that literally no one in my age demographic (25-35) seems to ever have kids in these videos. Like I can’t even think of one video
@redsnflr
@redsnflr 2 ай бұрын
Such a childish & narcissistic generation (I'm 33 - no kids but male so not SOS yet, want to start in next 2 years)
@Anyguy4321
@Anyguy4321 2 ай бұрын
@@redsnflr - Ironic. It's the childish and narcissistic people that have tons of kids even they have not enough income to give them a good life and afford things like college.
@KFontLab
@KFontLab 2 ай бұрын
@@Anyguy4321💯… it absolutely makes no sense to have babies to simply say you have them. That has obviously happened enough. To call someone selfish for not having children or not have them yet is so silly because everyone’s journey to parenthood will be very different. It is 100% if a couple doesn’t want children.
@jorasparents
@jorasparents 8 күн бұрын
I admire the younger generation for not bowing to convention and having kids just because "it's what to do." What's selfish is having children when you're not ready or not sure you really want to be a parent, simply because "other people" think it's the right thing to do.
@RockyMountainGardener
@RockyMountainGardener 3 ай бұрын
I don't think that people are watching the video. They're saving over 7k a month and have over 885k in assets at 30! Extremely impressive. All while having two masters degrees and MBA. I worked since I was 23 and earned over 90k in my twenties, saved and paid off debt aggressively, took a year off to travel on a dirt bag budget, and my net worth at 30 was only 250k. They've done really, really well. I feel though they must have had some sort of windfall for this high of a networth at their age.
@twista763
@twista763 3 ай бұрын
Their parents are at least helping with college, if not other things. I’d guess they had investments handed down from parents and relatives and a windfall from their wedding.
@akirebara
@akirebara 3 ай бұрын
they have great parents, dont think they had to worry about paying student loans. even the guy's parents are paying for his MBA, even if he can pay it off himself easily with that kind of salary. if you get out of college and not have to worry about paying off debt, it's a big leg-up to folks that had to take in debt to be able to stay in school. they immediately have money in their 401k, whereas most folks will have to delay it a year or two to payoff the student loans and then aggressively max it out in the later years in their career. It's exactly my experience, at least (and my total student loan debt was only $26K because i went to community college+transfer to uni).
@alona724
@alona724 3 ай бұрын
First, hats off to you! That’s an incredible accomplishment. Second, they mention in the footnotes that their parents paid for both their MBAs (which leads me to believe they probably paid for undergrad as well). When your education is paid for so that you enter higher paying industries AND you’re married to another high earner, it is very realistic to accomplish that goal. But, I don’t think acknowledging that takes anything away from their hard work. It’s just the truth. Parents (and each other) are a big part of their story.
@YoshiV819
@YoshiV819 3 ай бұрын
Agreed, the next 1.5 million include a lot of time and hard work, take if from someone who's going on 50!
@Tamarind525
@Tamarind525 3 ай бұрын
Bitcoin or what?
@morgan5885
@morgan5885 3 ай бұрын
$227k doesn't come out to $19k/month post tax, not even close, that's what I'm not understanding...
@cherylbroadenax1006
@cherylbroadenax1006 11 сағат бұрын
19,000 x 12 = 228k.
@EAAAA1505
@EAAAA1505 3 ай бұрын
These videos always show high earners. They should show more relatable situations. People who earn five figures and singles. Most people are not high earners.
@NeoteriX
@NeoteriX 3 ай бұрын
@CNBC Make it The headline "Spend $19K A Month" is disingenuous as it implies that the family irresponsibly wastes $19K in purchases every month, and we only later find that that figure includes $7,256 (or 39%) of "savings and investments" which is *not* spending, it's "saving,"
@OrangeArdmore
@OrangeArdmore 3 ай бұрын
Actually the headline was BUDGET $19k a month. Budgeting doesn't mean spending. I will also say there is no way this couple spends $19k a month. They should be dripping in lux labels if that was the case. Most of their money goes towards food which is odd.
@chuongdoan1400
@chuongdoan1400 3 ай бұрын
It said budget of $19k bro, it did not say spending in a wasteful way. I also budget my take-home as in paying myself first into investments. Big difference in budget vs expense.
@eb59766
@eb59766 2 ай бұрын
@@OrangeArdmore Trrrruuuue, I was looking at the comments wondering if it changed or something. Budgeting 19K is right on target then. That includes budget for savings or any taxes that need to be paid.
@omichaelnato5388
@omichaelnato5388 3 ай бұрын
Yeah having parents pay for 2+ degrees changes everything lol. Good for their parents, they did well and helped them out ! They seem humble honestly (at least the female lol I didn’t hear the guy talk)
@abbyoneill4473
@abbyoneill4473 3 ай бұрын
I don’t think a post-nup is for if someone dies… just divorce. Weird to mention that because wouldn’t all of their assets go to the surviving spouse if (God forbid) that happened?
@alona724
@alona724 3 ай бұрын
Wow did they relate it to the death of a spouse? I missed that part. Def not the purpose. It’s for folks who didn’t get the prenup but want something in place after marriage. Honestly, I heard from a divorce attorney they are unenforceable… but maybe it’s different in each state.
@TheBohodiva
@TheBohodiva 2 ай бұрын
The thing is, maybe they don’t want it to. A post nup would allow them to allocate where or however. Since we all realized the parents have given them money, maybe that’s a condition. Some couples do this - allocate money to parents or siblings. They don’t have children yet so maybe the thinking is that there are others to share with than the spouse.
@loujon191
@loujon191 6 күн бұрын
He should run now. She is all brain and no emotion
@johnnytran21
@johnnytran21 3 ай бұрын
Finally a video that isn’t about someone promoting their product/brand.
@patrickpaterson8785
@patrickpaterson8785 3 ай бұрын
How are they budgeting for $19k a month when their gross income is $227k, especially in a place like Chicago? My fiance and I earn about $25k more than they do living in New Hampshire and we only net around $15k a month.
@pinballrick6031
@pinballrick6031 3 ай бұрын
I don't approve of this couples methods or views, but over $7k of that $19k goes towards investments and savings and so that $7k is flexible. I don't believe they ever said whether that $227k was net or gross.
@eb59766
@eb59766 2 ай бұрын
Budgeting can include the taxes you have to pay, and all the things you save for, or have deducted from your check.
@aaronkohl8611
@aaronkohl8611 3 ай бұрын
Very misleading title. They don't "spend" $19 k a month.
@Comotio
@Comotio 3 ай бұрын
Bro I know how hard English is.. it's like saying you are on a McDonald's diet.
@Comotio
@Comotio 3 ай бұрын
Since I'm working with limited data, coming up with a proper score for you is tough..therefore I'll go ahead and add..savings goes into budgeting as well, incase my first comment made as much sense to you as the title
@meridoughten9425
@meridoughten9425 3 ай бұрын
? It doesn't say they "spend" 19k, it says they budget that amount
@JDVlogs1
@JDVlogs1 3 ай бұрын
@@meridoughten9425the original title said spend
@Comotio
@Comotio 3 ай бұрын
​@@JDVlogs1stop lying
@joshuasidley298
@joshuasidley298 3 ай бұрын
After taxes on $230k they bring in $12k a month. According to their budget they are way overspending
@genito1
@genito1 3 ай бұрын
Something doesn't add up. With their income they can't come up with 19k per month (spending +saving+investing). And how did they accumulate a networth of over 800k when the wife hasn't had a full time job for long and they really haven't had much time to invest over time
@altheanewman9867
@altheanewman9867 3 ай бұрын
Why are their parents still paying for there school that’s what doesn’t add up. Born rich kids is my thinking.
@jonathanbaker2789
@jonathanbaker2789 2 ай бұрын
you didn't listen to the video
@Originormality
@Originormality 3 ай бұрын
I'm really surprised about the rent amount! I'm in chicago and housing is very affordable - I live in a 2bed downtown at 2.6k including utilities, and my friends who live further outside the loop pay as low as $1400! I hope they have great amenities :)
@empirestate8791
@empirestate8791 3 ай бұрын
They probably live in a luxury downtown building. You could easily find a 2-bedroom for a little over $2k right near a subway stop.
@RealSerie26
@RealSerie26 3 ай бұрын
It’s called financial illiteracy. They think about their rent as a % of their income (15-20%). With that income, they should be thinking in terms of actual value. Anything over $1,500 is excessive.
@TheNana622
@TheNana622 3 ай бұрын
Yeah they rent kinda expensive lol
@TheBohodiva
@TheBohodiva 2 ай бұрын
West loop probably
@jonathanbaker2789
@jonathanbaker2789 2 ай бұрын
they live in a fancy high rise in river west, I live near there
@namaefumei
@namaefumei 3 ай бұрын
Why didn't the guy ever talk?
@user-rg7jv4bs4c
@user-rg7jv4bs4c 3 ай бұрын
He couldn’t speak English
@josephdantes1605
@josephdantes1605 2 ай бұрын
he's planning out the post-nup lmao. i found this bit to be odd.
@dm96177
@dm96177 2 ай бұрын
He probably just didn’t want to be on camera as much. Some people don’t want that exposure which is perfectly fine
@kevinholden-ip5fz
@kevinholden-ip5fz 3 ай бұрын
$885k in savings!!! Either inherited money or one or both of them got stock grants/options in a tech company. Nobody can save that much from just eating beans and rice and saving!
@bgr007
@bgr007 3 ай бұрын
You can if your max out 401 k, invest in Roth IRA and taxable brokerage accounts. It literally said in the video that they were putting money in retirement and nonretirement accounts which these are. Compound interest and savings is key.
@bereaboy
@bereaboy 3 ай бұрын
Don't forget the most important part: parents that paid for 3 degrees so you're not paying student loans.
@stevenponte6655
@stevenponte6655 2 ай бұрын
I am guessing options from the tech company. Some of the big ones have 50-60% of your package in shares.
@emmadarkwa6413
@emmadarkwa6413 3 ай бұрын
Love the honesty with parents support!
@alondramartinez3848
@alondramartinez3848 3 ай бұрын
Same! It's very realistic though not a form of support for a lot of people.
@jcabslovesu2
@jcabslovesu2 8 күн бұрын
The title should say “budget 19K a month with wealthy parents” because there is no way they both have masters at an expensive school and dont have college debt and have over 800K net worth at the age of 30.
@sql8758
@sql8758 2 ай бұрын
Too much 'I don't know', 'see where life takes us', 'open to options', plus the parents' paying off the tution just makes the video sketchy.
@thefinancialneurologist
@thefinancialneurologist 3 ай бұрын
For these videos, savings/investing shouldn't be categorized under spending. It's kind of misleading, and inflates the spending figure, it's not spending like a purchase, the money is still under the same owner. You can tell by the comments, that people respond off of just the misleading title.
@FinancialShinanigan
@FinancialShinanigan 3 ай бұрын
Surprised they don't include "spending" on taxes
@RealSerie26
@RealSerie26 3 ай бұрын
Not a good way to budget. You should budget off of your net income. These numbers make no sense.
@Mangoose_ola
@Mangoose_ola 2 ай бұрын
Am I missing something. If you make 227k. Your take home is actually around 13k depending on where you live. How they can budget for 19k?
@OrangeArdmore
@OrangeArdmore 3 ай бұрын
2:20 I love his slip on slippers! They look super comfortable. - - 15% towards living costs is completely unreasonable in today's housing market. I was thinking 30% was too low! The average one bedroom in a major city maxes out at $2,500!! A two bedroom can go as high as $4k! These are not average numbers. - - Their story is not the average. She has two masters degrees. That is not the norm. I am not sure why he never said anything, but their life only works for them. - - At least they ARE living life while saving. I saw one of these videos where an assistant anesthesiologist barely spent money, made over $200k a year and was just PLANNING a trip to Greece she was going to take in 2 years!
@Mr1wd
@Mr1wd 3 ай бұрын
$1300 on a new phone shouldn't be in the spending pie chart. They are not buying a new phone every month lol
@RealSerie26
@RealSerie26 3 ай бұрын
Who knows. Maybe she gets bored of her phones easily. 🤷🏻‍♂️
@Ascorbicon
@Ascorbicon 3 ай бұрын
Financial analyst but still needed a financial planner and still they spend over $1000 on food!
@Myulls
@Myulls 3 ай бұрын
…and they still live well below their means. They can afford it!
@sarahsummers8919
@sarahsummers8919 3 ай бұрын
Within the finance field, there is different categories. Investment is whole another area than someone who do financial audit or accounting. You have to know where to invest your money and how you invest it. Knowing math does not make you a millionaire.
@elianah8803
@elianah8803 3 ай бұрын
@@Myullsthought the same thing. They probably work long hours and eat out or have food delivered. You’re right, they can easily afford it.
@KFontLab
@KFontLab 2 ай бұрын
@@sarahsummers8919💯💯💯
@psp785
@psp785 3 ай бұрын
At what point does it say spend 19k a month I'm confused
@euphoricmonk
@euphoricmonk 3 ай бұрын
A Post-Nup? Haha so Gen Z.
@alona724
@alona724 3 ай бұрын
I’ve heard that post nups are pretty inconsequential. But, best of luck to the couple! Hopefully, they’ll never need it.
@Patriciacraig599
@Patriciacraig599 3 ай бұрын
I think people should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions this year
@PhilipMurray251
@PhilipMurray251 3 ай бұрын
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@BenjaminMcLeod815
@BenjaminMcLeod815 3 ай бұрын
In situations like this, it's ideal to engage in various options like using an advisor, and I can attest to success of the "basket of securities" approach seeing my portfolio grow from $430k to over a $1.4m in barely 2 years, by far my best financial milestone.
@eastwood224
@eastwood224 3 ай бұрын
Right, when it comes to situations like this, it's ideal to engage in various options using an advisor, and I can attest to success of the basket approach seeing my portfolio grow from $350k to almost $1m in barely 3 years, by far my best financial milestone.
@sherryie2
@sherryie2 3 ай бұрын
think you could suggest any professional/advisors i can get on the phone with?
@eastwood224
@eastwood224 3 ай бұрын
Nicole Desiree Simon is her name. She is regarded as a genius in her area and works for Empower Financial Services
@ChristopherAbelman
@ChristopherAbelman Күн бұрын
The stock market is already a wild ride, but now inflation adds another layer of crazy. One minute my portfolio is soaring,the next it's dropping like a rock. Makes it tough to plan for the future when the ground keeps shifting under my feet.
@PennyBergeron-os4ch
@PennyBergeron-os4ch Күн бұрын
Diversification is your friend! Spread your investments across different asset classes to weather the ups and downs.Consider talking to a financial professional about creating a portfolio balanced for inflationary times.
@FinnBraylon
@FinnBraylon Күн бұрын
Don't let inflation steal your retirement dreams! A financial advisor can be your savings superhero. They can show you options like IRAs with tax advantages or inflation-protected investments that grow alongside inflation, keeping your retirement on track.
@HildaBennet
@HildaBennet Күн бұрын
Hello, how did you handle it? I believe I require a pro after reading these comments
@FinnBraylon
@FinnBraylon Күн бұрын
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
@HildaBennet
@HildaBennet Күн бұрын
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
@usmanvcx
@usmanvcx 3 ай бұрын
50/50 relationship - wow 😱
@kaywest1625
@kaywest1625 2 ай бұрын
As a financial advisor this is so inspiring!
@natalienewtonebookwriteram1399
@natalienewtonebookwriteram1399 3 ай бұрын
Were all these comments that insult their physical appearances really necessary. Be kind people; it costs nothing!
@tylermoua7292
@tylermoua7292 3 ай бұрын
They make combined 227k a year Gross right? How do they have 885k combined assets already? Whats the secret sauce?
@kevoreilly6557
@kevoreilly6557 5 күн бұрын
So, - no debt (college was feee? Rich parents) - no kids - no cars etc - insurance indicates under covered - no taxes which indicates this is net take home so, more likely $375k a year between them Yes, they should be able to save 2.5 over 15.
@torriemcglory2149
@torriemcglory2149 3 ай бұрын
Great job you guys! Was really hoping to hear Neil's take on things but maybe he's shy lol. Keep growing :)
@vitorhajje9115
@vitorhajje9115 3 ай бұрын
Good work man! Did not open your mouth! Always works!
@StarletOfDavid
@StarletOfDavid 2 ай бұрын
She’s mistaken - they don’t say your housing costs should be 25 or 33 percent but it shouldn’t exceed that amount to not be house poor. She makes it sound like she’s super humble with her 3grandplus abode. Just saying.
@Madskillsuniversity
@Madskillsuniversity 3 ай бұрын
My wife and I lived in Chicago up until 2020, and we are both white collar workers and made\spent a lot of money. We had to have a new car, nice home, etc. My only advice is to save your money and don't worry about how things look. It took us forever to just pay off student loans. That said, in 2020, we sold everything, paid off our cars and credit cards, and downsized our home in the suburbs, which we paid for in cash. Making It really means ownership with no debt, period. American Corporate greed is fueled by our debts. Sad! Let's see where they are at 50 and 62. Life is short. Chicago is not cheap, but $19K a month is irresponsible.
@lailas.3205
@lailas.3205 2 ай бұрын
They save/invest almost $8k a month.
@Madskillsuniversity
@Madskillsuniversity 2 ай бұрын
Thanks, that's good to know. @@lailas.3205
@johnkantar8034
@johnkantar8034 2 ай бұрын
No way they have $885K saved (unless they hit some options gains) Their salaries aren't even that insane to be honest. I would love to see a real breakdown of assets.
@pkmnan00bis
@pkmnan00bis 3 ай бұрын
Feel bad because everyone here is crunching numbers and here I am like "Girl, you need to git gud in Mario Kart"
@ellahu5068
@ellahu5068 3 ай бұрын
MORE content please~
@lazypictures7131
@lazypictures7131 3 ай бұрын
These people dont pay taxes
@hejiranyc
@hejiranyc 3 ай бұрын
The math ain't mathin'. Um... taxes? Chicago and Illinois have some of the highest local tax rates in the country.
@KarenReyes408
@KarenReyes408 3 ай бұрын
So they spend more than what they make?
@Blissful-es1kk
@Blissful-es1kk 3 ай бұрын
I enjoyed this episode. They are a smart young couple (with a really cute dog) doing wonderfully!
@Xx-po1fu
@Xx-po1fu 3 ай бұрын
$19,000 x 12 = $228,000. They spend more money then they make. If their parents didn't pay for some or all of their education they would be deep in debt.
@Maybefish1234
@Maybefish1234 3 ай бұрын
This video doesn’t make sense
@prestopkimo
@prestopkimo 3 ай бұрын
And they don’t pay tax?
@AI_Taylor
@AI_Taylor 2 ай бұрын
My fam of 3 is slightly over $100k and we spend around $26k total in 2023
@mjacksonjones
@mjacksonjones 4 күн бұрын
Their budget numbers are way off. No taxes are assumed. Even with 401k max their numbers don't add up.
@11secretherbsandspices49
@11secretherbsandspices49 3 ай бұрын
Why is it always the most generic people who get Doodles? "We want to donate to make the world better" - buys a dog instead of adopting
@DadinWA
@DadinWA 3 ай бұрын
Very impressive at 30y. having 2 incomes and help from family for MBA degrees is great if doable. 19k in spending isn't accurate, they save/invest a chunk of that.
@walkfree8282
@walkfree8282 3 ай бұрын
19k in a month, is it after tax or pretax? Coz on the chart I can’t see the tax sector.
@AntonSlizzardhands
@AntonSlizzardhands 3 ай бұрын
Their food, phone and rent seem high but everything else looks good. Who are their employers that pay those high salaries?
@kenroyforte6175
@kenroyforte6175 3 ай бұрын
The numbers don't add up post taxes.
@ericcarson342
@ericcarson342 3 ай бұрын
Mobility is a big deal. Very under rated in a society that says renting is throwing your money away. Smart move in renting.
@robocop581
@robocop581 2 ай бұрын
Mobility is overrated
@ericcarson342
@ericcarson342 2 ай бұрын
@@robocop581 Those that fly on private jets would disagree. Every hour is valuable and being geographically mobile is priceless. They most certainly think differently.
@robocop581
@robocop581 2 ай бұрын
@@ericcarson342 Mobility is overrated
@ericcarson342
@ericcarson342 2 ай бұрын
@@robocop581 ok
@philjenkins1138
@philjenkins1138 3 ай бұрын
Love the honesty
@gregwatkins1332
@gregwatkins1332 3 ай бұрын
Pretty good but the saving rate is low compared to income. Imo.
@jacktran7024
@jacktran7024 2 ай бұрын
you know what..i went from working as a cashier at lil caesars to making 206k/year as a software engineer...never thought i'd would be in this position years ago when working at lil caesars putting the flour & water in the spinner to make the 100lb pizza dough..then cut them out into small pieces for sm, medium, and large pizzas...and the crazy breads too...education kids
@davidcantor293
@davidcantor293 3 ай бұрын
This combined income before taxes is really not enough to retire on lol. They need to be making a ton more to be spending $19k a year! That is ridiculous.
@superfluous5162
@superfluous5162 3 ай бұрын
They missing passive income . I am 23 years old and just completed my masters . I have goals in my life and MBA is one of them .
@maximuscosmos5545
@maximuscosmos5545 3 ай бұрын
They spend more than what they make.
@yorusoisj
@yorusoisj 8 күн бұрын
How much are your parents paying for your grad school studies? That’s a great gift!!!
@Sparkyzachchannel.
@Sparkyzachchannel. 2 ай бұрын
That’s crazy over1 thousand a month on food what
@DiamondFlame45
@DiamondFlame45 3 ай бұрын
Good for them! I thought they were in their 40s and not 30s though lol
@sales_coach_ai
@sales_coach_ai 3 ай бұрын
Indians don’t age well -said by a very young looking Indian 😆
@alona724
@alona724 3 ай бұрын
Lol 30 not even thirties…. They just got into their 30’s wild
@dickersonr6172
@dickersonr6172 2 ай бұрын
3.5k for rent is insane. Y’all could have own a house or condo 😩
@goopyhiphop
@goopyhiphop 3 ай бұрын
I see Catan.
@Motiahmed330
@Motiahmed330 21 күн бұрын
Just curious is that 227k after taxes ? Or before taxes ? (Gross) That would change a lot of things too
@khensley7057
@khensley7057 3 ай бұрын
All of their savings will be down in few years bc they live very lavishly. Very lavishly
@lauraadaly
@lauraadaly 3 ай бұрын
1500 for food for two!!
@redsnflr
@redsnflr 2 ай бұрын
working "in tech" means they have a non technical job in a software company, like hr or some kind of business management, but want to sound cool.
@Bigdarrin90
@Bigdarrin90 2 ай бұрын
These numbers don’t make sense to me. I’m right there with them financially speaking and I get don’t take home 19k at the end of the month. Something is off
@itismoi4355
@itismoi4355 3 ай бұрын
Parents paid for schooling!
@animasuzie
@animasuzie 2 ай бұрын
1500 a month on food for 2 people. Wow . Love to see that shopping list.
@napoleon1992
@napoleon1992 2 ай бұрын
I'm sure there is plenty of eating out.
@hedykarim3614
@hedykarim3614 10 күн бұрын
Good for them ! If you have a partner that works that’s great
@sriramcan
@sriramcan 3 ай бұрын
I see a perfect mix of Indo American thinking
@eddiewilson545
@eddiewilson545 3 ай бұрын
People should only spend 10-15% on rent. Bruh your 15% and most peoples 15% is a lot different
@Sparkyzachchannel.
@Sparkyzachchannel. 2 ай бұрын
My dad and I were good size humans big dudes we spend about 250-300 a month on food
@beaniemac
@beaniemac 2 ай бұрын
No student loans for them. They are fortunate!
@candyjamaican
@candyjamaican 3 ай бұрын
Does Neil talk? All that savings and his family is paying for his Masters? Is this a joke?
@vimeopictures5170
@vimeopictures5170 3 ай бұрын
Dang....when Neil had hairs...his whole nationality changed. He went from looking like an Indian nerd to a Mexico drug cartel lord
@resurrection5
@resurrection5 14 күн бұрын
The math ain't mathing😂
@chocktalk
@chocktalk 3 ай бұрын
I just handle the whole prenup nonsense, in the end money seems more important than a failed marriage
@GarrettWrap
@GarrettWrap 2 ай бұрын
I found it odd to want a “post nup”.
@stevenponte6655
@stevenponte6655 2 ай бұрын
didnt make sense to me either. But then I started thinking the only way the $800k invested could work is if one of them had a large amount of tech stock as part o their salary package. Which could be the guy.
@holdencawffle626
@holdencawffle626 3 ай бұрын
Wow his hair disappeared
@cnavaldes
@cnavaldes 3 ай бұрын
The math isn’t mathing on this one….. definitely a ton of parental help here and they are acting like they are self made.
@karenmiller2785
@karenmiller2785 3 ай бұрын
And rent
@SK-eu5yi
@SK-eu5yi 2 ай бұрын
Where did taxes go? Did taxes go towards savings and investments?? 😅
@CueTheStage
@CueTheStage Ай бұрын
3500 for rent is crazy, they could buy a house for less than that in the South. And $885K in savings? Naw I don’t buy it 😂😂
@AaAa-ri4uf
@AaAa-ri4uf 2 ай бұрын
I understand that these episodes tend to have a liberal undertone but man I’m impressed by the amount they have in investments
@redsnflr
@redsnflr 2 ай бұрын
Budgeting all of your income is dumb when you make good money, how they don't invest 10% monthly - they'd still have huge $17k budget, is so silly.
@Patriot-nz5lz
@Patriot-nz5lz 2 ай бұрын
No kids, “dog parents” 😂
@McLivin410
@McLivin410 3 ай бұрын
Why a postnup from the start. Weird
@ericcarson342
@ericcarson342 3 ай бұрын
That was weird. Probably to her benefit.
@malachiashley528
@malachiashley528 3 ай бұрын
I love these shows. :)
@sarahchang6215
@sarahchang6215 2 ай бұрын
What these people don’t realize is that they can lose their job or get laid off at any time.
@markbrunache648
@markbrunache648 3 ай бұрын
Why didn't the husband speak lol?
@pinballrick6031
@pinballrick6031 3 ай бұрын
I've seen this couple before. The man is mute. Unable to speak. lol?
@ericcarson342
@ericcarson342 3 ай бұрын
Because he is smart. She is telling on herself with the post-nup non-sense. Only when it benefits her.
@mariowhiteside5559
@mariowhiteside5559 3 ай бұрын
I love this couple 💞
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