@@IIII...... what are you talking about? Almost everyone is going to die. When our Lord was here in this world he was a devoted Jew. It's in the Bible look it up
everyone has a clothing line in la. that's like a girl friend that is a dancer. he makes all the money. but that's normal for black man seeking non-black woman.
@@hhh1200 How is he making all the money when he said she literally insists on paying HALF the rent? that's the reason why OP said his girl isn't bringing him down. learn to listen.
This man and his girlfriends are a superpower couple. He mentioned how he has more than enough to cover all the expenses but his girlfriend insists otherwise, why? It’s because they both keep each other accountable and are always hustling. Truly amazing!!! Y’all keep going.
I like that he sees a therapist. Transportation costs are too high if he's working from home. I would take the money he's investing and pay off both his student loans and car so the interest rates aren't eating up all of his dough. He's also eligible for Covered California to cover medical care.
I appreciate how he prioritizes mental health as that is something that is often overlooked. On top of his dedication and work ethic, he will be very successful!
This is one of my favorite episodes. I love how open he is about mental health. What an incredible example for other young people watching!! I want to see an update when he buys his property!
I love that too, mental health is too often it is not even considered let alone seen as important. That therapist money spent is probably his biggest investment into his future.
Good-looking young man, with a great head on his shoulders. I appreciated hearing about his immigrant and NY hustle. It will fuel his success for the rest of his life. I'm rooting for you, Terzel!
This dude and his girlfriend are absolutely killing it. The hustle is what drives you to always work hard and play hard. The fact that he lives so below his means and doesn't really need anything means he has a bright future ahead. Also he's more willing to buy and give to others. Love to see it.
It’s so upsetting to hear how access to healthcare in the US is a struggle. I’ve had one experience with the system (as a foreigner) and I was shocked at many bills they send your way. I can only imagine how hard it is for families 😔
Well most americans have health insurance that covers a lot of the bills. Im a former cancer patient and I had bills coming my way every week. My insurance covered like 95% of my bills and I only had to pay a small amount. Not as bad as you think
We do not pay 50% taxes like other countries. You pay for healthcare but it is disguised as taxes. Just because you are used to your home country does not mean other countries are wrong.
When you sum up the entire amount you pay in other countries, the difference won't as significant. Of course, we are not comparing the US with Russia and other countries with half-nationalised health care systems.
I love that he's so transparent about the mental health aspects. Especially for POCs and even more so POCs who are male there is a large stigma around mental health and not being something you address and if you do, you don't address it openly. Money can come and go but at the end of the day you can't run away from your own mind. It's always great to make sure you care for it.
@@TrollerzTV being that people can be a mix of multiple races instead of just assuming someone is of 1 singular race I personally chose to say POC. Especially because the topic I mentioned in my comment isn't exclusive to just black people. It is an issue that is present in many different non-anglo races thus POC. I don't say it as a means of black erasure.
Great start in planning your retirement starting now. I'm 67, I started saving for retirement when I graduated from college at 23. I still have the first IRA I invested in. I always worked 2 or 3 jobs but still had time for fun. I also bought rental units in Los Angeles as a single person and always lived below my means. I retired last year and having the time of my life and will probably not be able to spend all my money before I die. I;m proud of your accomplishments, it is a long journey but the payoff is sweet.
Keep it up. I'm happy for you!! I'm an immigrant myself and I must say a good parenting structure really helps here in America. I've been in the 6 figure club since 2016 with OT. Last year, I finally transitioned to salary and I'm still making 6 figures working an avg 35 hrs a week.
Anyone 25 and younger, I don’t think they’re millennials. Can y’all just do these money segments for all generations and name it based off of each generation (i.e gen x money)?!? I would love to see these from each generation.
Yes, thanks for saying this. They also featured a wonderful couple who, while doing great work, are nonetheless older than millennials (they were in their mid 40s). They should just feature people who manage their finances admirably and not call this millennial money anymore.
In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.
I'm guided by *Mary Onita Wier* An experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@@bonkersvideos6073 knock out that interest, 1 less bill to worry about and more money for investing, saving and/or recreation. I paid off my car very early and its one of the best decisions i’ve made
@@Nelson-ys8pm ya thats what I’m trying to say. Mathematically low or no interest rates make sense to pay off later if you’re making more money with your investments but lets be honest, the average person doesn’t even invest let alone good investment, most people aren’t financially disciplined and again we don’t know what can negatively happen in the future so personally I’d recommend most people pay off debt 1st especially if they have more than enough in savings and investments to pay off the debt. If he paid that $5000 off today he’d completely forget about it after his next paycheck and earn that $5000 back within another 3 or 4 paychecks
Enjoyable & inspiring to watch! So proud of him! It's nice to see stories like this because it shows people (of all ages) what's possible. Not to mention, there are so many amazing, kind, hard-working people out in the world.
I enjoyed this, he is really humble. He even mentions his situation isn’t normal because he has the option to work from home. Which allows him to save on a major LA expense transportation. Love that he is explaining his situation and not bragging like some of the others.
@@tru7866 Man please share with us your food journal, I need to learn how to eat at $300 a month, I make the same as you living in the same city, I can't even drink water at that price lol.
So many admirable qualities about this young man, but I particularly was impressed how he used his depression/anxiety and healthy issues as a motivation for his success. Most people would used them as excuses to fail, sit at home and sulk.
Bravo!! As an Immigrant myself and grow up relatively poor, I applaud all his efforts and accomplishment thus far and I am sure he can and will achieve more! Yet another proof hard work pays off regardless of race or ethnicity.
This amazing! I just applied for millennial money as there needs to be more representation in Europe! I am based in Ireland, fingers crossed I get accepted.
@@sarahadekola I mean they have shown people outside USA, but majority is going to be in the states. I’m positive they have shown people outside USA so good luck.
5k savings and “investments”. Why pay off a loan that has zero interest (since 2020) when you can invest it now and repay when the interest restarts. He has 40k in crypto and mentioned it did a 4x. So he invested 10k initially. Imagine he paid off the 5k loan and then 5k in crypto. We would have lost out of 20k.
@@Mark-mt2xn you’re not wrong at all, financially and mathematically yes it makes sense but people never keep in mind life happens and that humans happen. Meaning he could get sick or injured, some other expense can come up, him and his gf could have an unplanned child etc. Basically you probably wouldn’t take out a $5000 loan to invest in crypto, so why not just pay off the $5000 loan now if you have that much in savings and investments and you’ll never have to worry about that $5k loan again and the extra savings from paying off the loan can go right back into savings and investments and build up even faster
The money pie chart is interesting but is perhaps too simplistic for his situation. He runs a business, technically. Which means a lot of items can be deducted from taxes. If he is in front of the camera, for instance, clothes, grooming, etcetera can be itemized. And if he uses his living space as office, he also gets further deductions. So, the pie chart at 3:35 isn't really giving us significant information at all...
I’ve been in the production biz for several years and have worked my way up to producer. I’d like to know what production company is paying their APs 6 figures? APs typically tap out 65-75k (and that’s for all the major networks). The fact that he doubled his salary through freelancing and OT is insane!
@Hunchoz Higher than NYC? Wow. I lived in NYC for almost 5 years. Worked at the Big 3 (NBC, ABC, and CBS) and have experience as a freelancer and staff member. I made almost 70k as an AP but I was hourly and had at least 15-20 hours of OT a week. This was in 2018. I've never met an AP who made over 75k (as a base salary). By that point, they were all producers.
I was thinking that too. So I went looking for it in the comments. TBH, he can go ahead and knock out a chunk of that car loan too. Dave Ramsey would be like "rice and beans til its paid brother cause you definitely can afford it!" lol
YES!!!! This is what I love to see, more Black features, more successful Black people who are doing big things, who are striving for excellence everyday, especially Black men! MORE!!!!!!
Every time I see a new Millennial Money episode it becomes my favorite episode! Congrats Terzel, I love how you save, invest, and have such as strong work ethic. I also like how you talked about the importance of taking care of your mental health. That is a vital issue and many people need to learn that it is okay to get help to get the healing they need. Good Job CNBC Make It! 👏🏾👏🏾👏🏾
Wow..very impressive dude at only 25. To have struggled like that and come out on the other side is an amazing thing. Love that he takes care of his mental as well.
This young man will succeed at anything he puts his mind to. He knows the value of saving and budgeting and not trying to show off like others his age. You don’t need luck my friend! As an immigrant self made, now middle aged, millionaire who went through his share of ups and downs, let me humbly offer some advice….don’t ever put at risk your base income and savings in any one future business venture and don’t make “a million” the goal. Others may disagree and it may take longer but success is not gambling your hard earned savings. You are highly intelligent, you will find a way to achieve both goals simultaneously. Focus on the success of your ventures and the money will come.
Someone promised us to payoff student loans for Americans during his campaign. Terzel might be waiting on him to keep his word; that way he can save $5000.
Much respect to this young gentleman and to that young lady ' his partner .. His girlfriend really truly loves him with respect and compassion. To insist she wants to pay half of the expenses ' That's speaks volumes of her and her morals ethics and values and her lover for this gentleman. Sir ' Your parents did a awesome job raising you and I wish you both nothing but the best in life for always and I am sure you will achieve all your goals and make your dreams to reality.
No mention of that Audemars Piguet Royal Oak watch. The base models with no complications start at around $25k. Looks like his is a chrono, which would put it closer to $50k. A watch that costs more than a car is a splurge worth mentioning.
Keep up the good work young man! By the way, I have worked at every major studio in Hollywood and have attended over 30 Academy Awards. My friend Will Packer is producing it this year. Not too many people I don’t know or work with in Hollywood. Thank God I didn’t make $150,000 at 25! Keep up the good work and stay humble!
Hey I know these two they have a RUclips channel called Bazel Gang! I found them during 2020 so cool to see him on here had no idea he did all this props! Love seeing people my age take initiative and be in charge of their futures!
Yeah, you need WAY more in CA to be considered well off because housing is extremely expensive and competitive. Median household income in LA is 65k, and and 30k for individuals. 100k is enough to rent a good studio/one bedroom apartment with amenities. 150k+ is needed for a median condo (600k+). 200k is needed for a median house (880k+). The people who are well off earn hundreds of thousands from jobs (300-500k/year with stock), and then millions if they have a business. Those are the people who will out-compete everyone else.
The mental and emotional health that you have in your old age is not determined by how many years you have lived, but rather by the number of life-fulfilling moments.
Your ability to capture wisdom, humility, commitment and discipline at an early AGE is very impressive. Please start maintaining a daily journal which will be vital to your documentary- Please include community involvement in your life on a regular basis- Success is waiting for you, so go GET it.
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
The owing $26k on the used car and his heavy investing in crypto I'm a little worried about but other than that, the young got his money making game at high level and his doing well for himself and potentially his future family. I wish I had figured out my life at a young age like he did. Respect!
People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time.
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
the most impressive thing about this man is that he drives a honda civic. Sadly that 150K salary gets cuts down to probably 95 given taxes and expenses, still better than most. To live confortably as a single man in LA, you probably need to make at least 150 and with a GF, probably over 200 a year
When you are going through difficult times in your life, don’t isolate yourself. There are people who have been through what you might be facing right now and they overcame it. Don’t push people away, surround yourself with people who are spiritually mature and get the help that you need. Isolation when you are in pain and don’t know if there’s a way out is dangerous and that’s why we have suicide cases. Listen, there’s nothing that you can be facing that God is not able to solve for with God nothing is impossible. Hold on. Jesus loves you.
Love to see the hustle and commitment towards savings! He should knock out that $5k student loan asap though. Also surprised to see a used Honda Civic run for over $25k- I think he should tackle his debts before investing more in crypto for sure!
This is why broke people stay broke. Rich people get rich by using debt. They borrow against their assets. Why knock out that 5k asap when you dont have to pay right now? Much better to invest that 5k into an index fund.
@Bonkers Videos There's more than one way to become wealthy. The majority of millionaires in this country actually have very little debt that's not tied to an income producing asset (e.g. rental properties). I personally have been following the Dave Ramsey approach and have had zero regrets paying off all debts other than mortgage. The money that had been going to car payments and student loans is now going monthly in to index funds and real estate. I went from an almost $0 net worth to $575k in about 4 years once I realized I had a spending problem and not an income problem. Most broke people stay broke because they are living beyond their means, and not necessarily because they do or don't pay off debt. You don't need a fancy car. You don't need a $100k education.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
Full scholarship to NYU is so crazy. That’s a huge success.
“Save money and money will save you” I really like that 🤔
God will save you not money ☝️🙏✝️
Money doesn’t save you tho.
@@alp.9672 ruclips.net/video/2c7nRISKAJo/видео.html
I'm Catholic and religion and Jesus go hand in hand
@@IIII...... what are you talking about? Almost everyone is going to die. When our Lord was here in this world he was a devoted Jew. It's in the Bible look it up
Humble guy, bright future, good budgeting, love to see it
Thank you! Love your channel!
@Jason Wu jealous boy
@Jason Wu Find the definition of humble. Wearing cheap stuff doesn’t make you humble. I know a lot of people earning minimum wage that are not humble
I like that his girlfriend is not bringing him down. She’s a hustler herself and prioritise making her own money.
everyone has a clothing line in la. that's like a girl friend that is a dancer. he makes all the money. but that's normal for black man seeking non-black woman.
@@hhh1200 Black folks make babies like aunt Jemima makes pancakes. that's why nobody should date them.
@@hhh1200 How is he making all the money when he said she literally insists on paying HALF the rent? that's the reason why OP said his girl isn't bringing him down. learn to listen.
This man and his girlfriends are a superpower couple. He mentioned how he has more than enough to cover all the expenses but his girlfriend insists otherwise, why? It’s because they both keep each other accountable and are always hustling.
Truly amazing!!! Y’all keep going.
Huh?
Huh?
He needs to go marry her
@@SirD1 to to be .
Hello my to.. 'p 10
😭😭🤪😭
🤪
So proud of you for making it happen! As an immigrant and first generation Mexican-American glad to see others making out of the struggle!
Thank you!
@@tru7866 do you believe and follow our LORD AND SAVIOUR JESUS CHRIST?
@@tru7866 do you believe and follow our LORD AND SAVIOUR JESUS CHRIST?
@@tru7866 I am proud of you too brother. I'm from OC, my family is from Ethiopia. you remind me of myself. best of luck bro
Respect brother!
I like that he sees a therapist.
Transportation costs are too high if he's working from home. I would take the money he's investing and pay off both his student loans and car so the interest rates aren't eating up all of his dough.
He's also eligible for Covered California to cover medical care.
Thank you for the advice!
@@tru7866 You're welcome! 😄
Truth. More people should go see a therapist. I started going and stopped should look into going back.
@@harnessmoney No worries. I just moved and need to find a new one also! 😀
When he’s not using that car he could put it on Turo and make some extra money renting it out.
I appreciate how he prioritizes mental health as that is something that is often overlooked. On top of his dedication and work ethic, he will be very successful!
This is one of my favorite episodes. I love how open he is about mental health. What an incredible example for other young people watching!! I want to see an update when he buys his property!
Thank you so much! This year🤞🏾
I love that too, mental health is too often it is not even considered let alone seen as important. That therapist money spent is probably his biggest investment into his future.
This guy hustles in life. Mad respect
Thank you!
Every American hustle hard becuase they live in the worst country
Bruh the hustle mindset is toxic
Not disciplined
Good-looking young man, with a great head on his shoulders. I appreciated hearing about his immigrant and NY hustle. It will fuel his success for the rest of his life. I'm rooting for you, Terzel!
Greatly appreciated!
Staying on your parent's health insurance plan is smart do it as long as you can. Helps with saving income. I did that until 25.
True! Staying on until 26!
This dude and his girlfriend are absolutely killing it. The hustle is what drives you to always work hard and play hard. The fact that he lives so below his means and doesn't really need anything means he has a bright future ahead. Also he's more willing to buy and give to others. Love to see it.
*👆👆👆*
right ! I want the girlfriend to do her own episode. I want to get all up in her business, lol!!
It’s so upsetting to hear how access to healthcare in the US is a struggle. I’ve had one experience with the system (as a foreigner) and I was shocked at many bills they send your way. I can only imagine how hard it is for families 😔
I filmed a story time/reaction video. I’ll probably upload it bc people abroad don’t realise how bad it is till they experience it 😭😭
Exactly my thought.
Well most americans have health insurance that covers a lot of the bills. Im a former cancer patient and I had bills coming my way every week. My insurance covered like 95% of my bills and I only had to pay a small amount. Not as bad as you think
We do not pay 50% taxes like other countries. You pay for healthcare but it is disguised as taxes. Just because you are used to your home country does not mean other countries are wrong.
When you sum up the entire amount you pay in other countries, the difference won't as significant. Of course, we are not comparing the US with Russia and other countries with half-nationalised health care systems.
I love that he's so transparent about the mental health aspects. Especially for POCs and even more so POCs who are male there is a large stigma around mental health and not being something you address and if you do, you don't address it openly. Money can come and go but at the end of the day you can't run away from your own mind. It's always great to make sure you care for it.
Since when is saying "black people" a bad thing??
@@TrollerzTV being that people can be a mix of multiple races instead of just assuming someone is of 1 singular race I personally chose to say POC. Especially because the topic I mentioned in my comment isn't exclusive to just black people. It is an issue that is present in many different non-anglo races thus POC. I don't say it as a means of black erasure.
Lol just say black
@@kayseacamp non Anglo races? So Latin European Slavs and celts aren’t white to you?
It’s okay to say black. Other “POC” have a different experience than blacks.
Great start in planning your retirement starting now. I'm 67, I started saving for retirement when I graduated from college at 23. I still have the first IRA I invested in. I always worked 2 or 3 jobs but still had time for fun. I also bought rental units in Los Angeles as a single person and always lived below my means. I retired last year and having the time of my life and will probably not be able to spend all my money before I die. I;m proud of your accomplishments, it is a long journey but the payoff is sweet.
Keep it up. I'm happy for you!! I'm an immigrant myself and I must say a good parenting structure really helps here in America. I've been in the 6 figure club since 2016 with OT. Last year, I finally transitioned to salary and I'm still making 6 figures working an avg 35 hrs a week.
6 figure at 35 hrs a week. You won.
That's absolutely amazing. Good for you man, genuinely. What do you do?
Anyone 25 and younger, I don’t think they’re millennials. Can y’all just do these money segments for all generations and name it based off of each generation (i.e gen x money)?!? I would love to see these from each generation.
good point
Who cares
Great idea!
Yes, thanks for saying this. They also featured a wonderful couple who, while doing great work, are nonetheless older than millennials (they were in their mid 40s). They should just feature people who manage their finances admirably and not call this millennial money anymore.
Right isn’t a 25 yr old gen z?
Much respect to this dude, wishing you the best moving forward bro 💪🏽
Thank you!
Love to see his self-awareness and understanding of therapy being a foundation. Great episode!
Love his saving mentality. Being frugal is one of several keys to build wealth. Well worth a thumbs up from me.
*👆👆👆*
Thanks!
In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.
@@ThomasChai05 My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
I'm guided by *Mary Onita Wier* An experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
He's doing great especially for his age. He should probably consider paying off that car loan quickly.
Why?
@@bonkersvideos6073 knock out that interest, 1 less bill to worry about and more money for investing, saving and/or recreation. I paid off my car very early and its one of the best decisions i’ve made
@@biscaynesupercars depends on his interest rate but its pros, and cons to both. Do whats best for you.
@@Nelson-ys8pm ya thats what I’m trying to say. Mathematically low or no interest rates make sense to pay off later if you’re making more money with your investments but lets be honest, the average person doesn’t even invest let alone good investment, most people aren’t financially disciplined and again we don’t know what can negatively happen in the future so personally I’d recommend most people pay off debt 1st especially if they have more than enough in savings and investments to pay off the debt. If he paid that $5000 off today he’d completely forget about it after his next paycheck and earn that $5000 back within another 3 or 4 paychecks
I agree, and his federal student loan, he could cut out a check today for that!!
Enjoyable & inspiring to watch! So proud of him! It's nice to see stories like this because it shows people (of all ages) what's possible. Not to mention, there are so many amazing, kind, hard-working people out in the world.
I enjoyed this, he is really humble. He even mentions his situation isn’t normal because he has the option to work from home. Which allows him to save on a major LA expense transportation. Love that he is explaining his situation and not bragging like some of the others.
Money going towards transportation costs is too high if he's working from home.
@@candacedawn357 Not relative to his income though, which explains why his situation is unique and not that of the average worker.
@@prwashin1 You have to know how to manage that "income" so your dollars go further.
@@candacedawn357 Sure he could also save more on rent but I think he’s doing good for himself.
About everyone on this show doesn’t brag
He’s taking excellent care of his mental and financial health. Now just pay off your car loan sir 👍🏾😊
Education has been and always be the key to new opportunities. Bravo!!
Thank you!
@@tru7866 Man please share with us your food journal, I need to learn how to eat at $300 a month, I make the same as you living in the same city, I can't even drink water at that price lol.
Thank you and your girlfriend for being open enough to share this with us.
What an amazing individual! Love the grind and representation of first generation folks making generational wealth.
Thank you!
This kid is incredible.
$5000/mo in savings and investments. That’s absolutely INCREDIBLE! He’s KILLING IT!!!!
I hope he’s investing in VTSAX!
I am! Heavily! Thanks for watching!
@@tru7866 nice hustle dude , your gf hot btw no offense, but tax is higher in LA that's the bum
@@tradingbull007 why are you judging his girlfriend's looks? men are so fkn weird. she's not a car. and then to apologise to HIM and not HER.
@@biegebythesea6775 I didn’t know people referred to cars as hot.
Love to see a humble young black hustler that’s killin it like this dude. Salute to you brother ✊🏾
*👆👆*
Thank you!
So many admirable qualities about this young man, but I particularly was impressed how he used his depression/anxiety and healthy issues as a motivation for his success. Most people would used them as excuses to fail, sit at home and sulk.
I appreciate that!
Sounds like a lot of ignorance from my end.
Bravo!! As an Immigrant myself and grow up relatively poor, I applaud all his efforts and accomplishment thus far and I am sure he can and will achieve more! Yet another proof hard work pays off regardless of race or ethnicity.
He is going to be blessed. I pray he’s able to have peace and enjoy the fruits of his labor.
Thank you!
he's already blessed
This is by far the best I've seen. It's refreshing to see a young Black man understand the importance of money.
This amazing! I just applied for millennial money as there needs to be more representation in Europe! I am based in Ireland, fingers crossed I get accepted.
@millennial millionaires I am based in Ireland too. He is doing great. 100% I agree with you we need more representation 👍
@@Voicesoftheeveryday-y3h 100%
Because Americans are the base, your economy is not like ours.
@@alp.9672 Yes, the european economy is different but that doesn't mean they shouldn't showcase millennials here. :)
@@sarahadekola I mean they have shown people outside USA, but majority is going to be in the states. I’m positive they have shown people outside USA so good luck.
This was so great to see and very inspirational. I'm proud of him. Continued success to him!
Thanks!
One of the best episodes so far! His parents must be so proud of him, young, smart and successful
Slept in and woke up to this. What an inspiring guy!
This is definetely an example of "I can do it". Congrats to Terzel!
He’s probably my favorite person featured on Millennial Money! Hard working, humble, intelligent, responsible, and priorities his mental health 👍🏾
I feel like hanging on to $5k in student loans while actively saving $6k a month makes no sense.
Yes, and he has a car note too.
5k savings and “investments”. Why pay off a loan that has zero interest (since 2020) when you can invest it now and repay when the interest restarts.
He has 40k in crypto and mentioned it did a 4x. So he invested 10k initially. Imagine he paid off the 5k loan and then 5k in crypto. We would have lost out of 20k.
@@Mark-mt2xn Too many people don't understand money
@@Mark-mt2xn you’re not wrong at all, financially and mathematically yes it makes sense but people never keep in mind life happens and that humans happen. Meaning he could get sick or injured, some other expense can come up, him and his gf could have an unplanned child etc. Basically you probably wouldn’t take out a $5000 loan to invest in crypto, so why not just pay off the $5000 loan now if you have that much in savings and investments and you’ll never have to worry about that $5k loan again and the extra savings from paying off the loan can go right back into savings and investments and build up even faster
He’s gonna be a multi millionaire either way
The money pie chart is interesting but is perhaps too simplistic for his situation. He runs a business, technically. Which means a lot of items can be deducted from taxes. If he is in front of the camera, for instance, clothes, grooming, etcetera can be itemized. And if he uses his living space as office, he also gets further deductions. So, the pie chart at 3:35 isn't really giving us significant information at all...
I’ve been in the production biz for several years and have worked my way up to producer. I’d like to know what production company is paying their APs 6 figures? APs typically tap out 65-75k (and that’s for all the major networks). The fact that he doubled his salary through freelancing and OT is insane!
Right?! I'm scratching my head about the six-figure as an AP.
@Hunchoz Higher than NYC? Wow. I lived in NYC for almost 5 years. Worked at the Big 3 (NBC, ABC, and CBS) and have experience as a freelancer and staff member. I made almost 70k as an AP but I was hourly and had at least 15-20 hours of OT a week. This was in 2018. I've never met an AP who made over 75k (as a base salary). By that point, they were all producers.
I live in LA too. Never seen that. But if there is a production company offering that, I’d love to know!
He also mentions we works 3 jobs in total so I think it’s his net across all 3.
He's a producer at Oprah. He's the right hand man of a billionaire.
This kid is going places! Love this story. Struggles can break you or motivate you like crazy. ❤️
I’m so extremely impressed.
I don't get how a guy like him who saves at least 4K a month still has a student loan that's only 5K. Pay it off already, brother!
I was thinking that too. So I went looking for it in the comments. TBH, he can go ahead and knock out a chunk of that car loan too. Dave Ramsey would be like "rice and beans til its paid brother cause you definitely can afford it!" lol
😊@@genwilson7741
YES!!!! This is what I love to see, more Black features, more successful Black people who are doing big things, who are striving for excellence everyday, especially Black men! MORE!!!!!!
I’m proud of you man! I love the hustle and work ethic. I know many people that would just coast after making 150k but he’s doubling down. I love it!
What an awesome guy! Hard working, intelligent, and made it through all life threw at him. Kudos!
This guy is a good example of saving. Put away anything you can when you are young and let it compound. Awesome job!
Guyanese in the house hello!!! Love my Guyanese people straight hustlers.
Every time I see a new Millennial Money episode it becomes my favorite episode! Congrats Terzel, I love how you save, invest, and have such as strong work ethic. I also like how you talked about the importance of taking care of your mental health. That is a vital issue and many people need to learn that it is okay to get help to get the healing they need. Good Job CNBC Make It! 👏🏾👏🏾👏🏾
Alright 👍.. thanks for the review and support
Feel free to text me 🤗
I've got profitable strategy in stocks and crypto ..
Thank you!
Very Relatable. Rooting for this man. Keep going 💪🏿✅
Absolutely loved watching his story!
Wow..very impressive dude at only 25. To have struggled like that and come out on the other side is an amazing thing. Love that he takes care of his mental as well.
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very self aware and smart young man i wish nothing but the best for him
Incredible story! This man is a true example of where discipline and hard work can take you!
Discipline???? $100k yearly
This young man will succeed at anything he puts his mind to. He knows the value of saving and budgeting and not trying to show off like others his age. You don’t need luck my friend! As an immigrant self made, now middle aged, millionaire who went through his share of ups and downs, let me humbly offer some advice….don’t ever put at risk your base income and savings in any one future business venture and don’t make “a million” the goal. Others may disagree and it may take longer but success is not gambling your hard earned savings. You are highly intelligent, you will find a way to achieve both goals simultaneously. Focus on the success of your ventures and the money will come.
He's going to be more than ok. He definitely needs to pay off the federal loans while they are at 0% interest.
Im in the same boat.. if i ignore them they wont go away?
Someone promised us to payoff student loans for Americans during his campaign. Terzel might be waiting on him to keep his word; that way he can save $5000.
@@kb70707 it's not happening. Unless he's on the path to PSLF/TEPSLF then it's not happening. Pay those loans and keep it pushing.
I knew he was Guyanese! I love that he saves a lot and goes to therapy.
This is amazing! I was featured on Millennial Money too and recently moved back to LA! Keep up the good work!
Thank you!
This guy is incredible!! Solid through and through, very admirable what he has become, and especially fulfilling his goals and manifestations
Much respect to this young gentleman and to that young lady ' his partner ..
His girlfriend really truly loves him with respect and compassion. To insist she wants to pay half of the expenses ' That's speaks volumes of her and her morals ethics and values and her lover for this gentleman.
Sir ' Your parents did a awesome job raising you and I wish you both nothing but the best in life for always and I am sure you will achieve all your goals and make your dreams to reality.
Alright 👍.. thanks for the review and support
Feel free to text me 🤗
I've got profitable strategy in stocks and crypto ..
Thank you!
@@tru7866 👆
No mention of that Audemars Piguet Royal Oak watch. The base models with no complications start at around $25k. Looks like his is a chrono, which would put it closer to $50k. A watch that costs more than a car is a splurge worth mentioning.
I noticed the AP as well, it might not be real because they're pretty hard to get from the boutique and grey market prices are over 50k.
No way that thing is real if he is driving a used Honda.
Keep up the good work young man! By the way, I have worked at every major studio in Hollywood and have attended over 30 Academy Awards. My friend Will Packer is producing it this year. Not too many people I don’t know or work with in Hollywood. Thank God I didn’t make $150,000 at 25!
Keep up the good work and stay humble!
Hey I know these two they have a RUclips channel called Bazel Gang! I found them during 2020 so cool to see him on here had no idea he did all this props! Love seeing people my age take initiative and be in charge of their futures!
Thank you for the love! Appreciate you!
It shocked me moving to L.A. from Florida that here even 100k isn't much. Youre basically rich in Florida if you make 150k a year.
Yeah, you need WAY more in CA to be considered well off because housing is extremely expensive and competitive. Median household income in LA is 65k, and and 30k for individuals. 100k is enough to rent a good studio/one bedroom apartment with amenities. 150k+ is needed for a median condo (600k+). 200k is needed for a median house (880k+). The people who are well off earn hundreds of thousands from jobs (300-500k/year with stock), and then millions if they have a business. Those are the people who will out-compete everyone else.
The mental and emotional health that you have in your old age is not determined by how many years you have lived, but rather by the number of life-fulfilling moments.
I really appreciate how he didn't allow his health issues and his mental health stop him from achieving his goals.
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Seems like a super chill and level headed guy. Cute as a bonus!
This is amazing, congrats on all your success and wishing you and Rupal much more
“Ive worked everyday for 5 years nonstop and i love it” stopped the video right there bcuz nope lol.
LOL! 😂😂😂
The kicker is he doesn’t work normal 9-5 office job.
Ahahahaha I love it. Thanks for watching!
Loved his hustle, and his demeanour! Props to this guy and ya he definitely is going far in life.
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Amazing episode. Also being born and raised in the South Bronx, love to see people from my community thriving!
Having the right woman by your side is golden. This young man made good decisions all around.
Your ability to capture wisdom, humility, commitment and discipline at an early AGE is very impressive. Please start maintaining a daily journal which will be vital to your documentary- Please include community involvement in your life on a regular basis- Success is waiting for you, so go GET it.
He's doing amazingly well for 25! Good on him and his girlfriend.
Thank you!
I like this kid a lot. Respect.
So proud of this young man. Much respect to him ✊🏾
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As a person from the south Bronx I can say this is very inspirational.
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I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
@Stacy White I found her on a CNBC market interview, so I looked her up and we begun our awesome partnership
@Stacy White .You can connect with her on what'saap
+150
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Happy because he's from guyana like my roots and he's a hard worker, I have some other thoughts but I'll keep it positive
The owing $26k on the used car and his heavy investing in crypto I'm a little worried about but other than that, the young got his money making game at high level and his doing well for himself and potentially his future family. I wish I had figured out my life at a young age like he did. Respect!
he also has 5k in student loan debt, which makes no sense 🤷♂
This guy is the pure definition of a hard work ethic! He certainly has a bright future ahead of him!
Thank you!
This is so admirable and inspiring!
solid all around dude. has. a therapist saves and hustles. hope he and the lady have great success
thank you!
5 hour commute, three jobs, ap class and extracurriculars? Yeah, that's a hard doubt right there
Smart young brother! He has a bright future ahead of him
People who give up in life are people who lose in
life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time.
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
I made 62,800 dollars within 6days of trading with Bitcoin.
@Pierre Dubois I don't really trade, I recommend mrs Catalina Vladimir, she trade for me.
✝️
③②④⑥⓪②①⑧④③③
What a hustler, inspirational and wishing the best!
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It's nice to enjoy the work you do, however I hope he can learn to make more time for rest
I know! Balance is key.
His work is fun tho, it’s not normal 9-5 office job by any means so I’m not shocked.
Love his work ethic! He’s going to be very successful in life…glad to see how this couple hustle and save. Awesome!
Talk about dedication 👏🏾👏🏾 some of us don’t even wake up on time to get to school 😭
Good for you!! This is a great video!!
Great story, but that's a lot of his net worth in crypto
the most impressive thing about this man is that he drives a honda civic. Sadly that 150K salary gets cuts down to probably 95 given taxes and expenses, still better than most. To live confortably as a single man in LA, you probably need to make at least 150 and with a GF, probably over 200 a year
Point A to B is all I care about!
When you are going through difficult times in your life, don’t isolate yourself. There are people who have been through what you might be facing right now and they overcame it. Don’t push people away, surround yourself with people who are spiritually mature and get the help that you need. Isolation when you are in pain and don’t know if there’s a way out is dangerous and that’s why we have suicide cases. Listen, there’s nothing that you can be facing that God is not able to solve for with God nothing is impossible. Hold on. Jesus loves you.
Judging from the budget breakdown $150K are after taxes
Love to see the hustle and commitment towards savings! He should knock out that $5k student loan asap though. Also surprised to see a used Honda Civic run for over $25k- I think he should tackle his debts before investing more in crypto for sure!
I was just coming here to say the same thing. He's killing it. He could knock those out in a couple months.
agreed
Yea 2018 Honda Civic price lost me
This is why broke people stay broke. Rich people get rich by using debt. They borrow against their assets. Why knock out that 5k asap when you dont have to pay right now? Much better to invest that 5k into an index fund.
@Bonkers Videos There's more than one way to become wealthy. The majority of millionaires in this country actually have very little debt that's not tied to an income producing asset (e.g. rental properties). I personally have been following the Dave Ramsey approach and have had zero regrets paying off all debts other than mortgage. The money that had been going to car payments and student loans is now going monthly in to index funds and real estate. I went from an almost $0 net worth to $575k in about 4 years once I realized I had a spending problem and not an income problem. Most broke people stay broke because they are living beyond their means, and not necessarily because they do or don't pay off debt. You don't need a fancy car. You don't need a $100k education.
Love seeing other black brothas doing their thing!! We see u!