Such a humble guy! I can relate with him about taking care of your family as they grow older! I am doing that with my mom now even though I am in my 20s. It is something that Americans find odd but it is just in some cultures, it is engrained to take care of our parents because they sacrificed so much to take care of us.
TheGamble17 It kind of is. They didn’t say how much his student loan is, or the note on his bike. He’s also buying all of the food for him and his fiancée. Either way, buying fancy watches and spending $20k on a destination wedding when you have debt is not a good idea. Yes, it’s good that he’s saving money. But he’s also making some irresponsible choices and is shouldering more than his fair share of the burden in the relationship. Yes, we’ve seen worse, but this is not a shining example.
I think his food and transportation bill is to high, and gold doesn’t really produce anything. The wedding can be an issue for Graham and that he saves more than a 1000$ per month in cash but has only 18K in liquid savings but a nice Rolex watch collection
Malanee Wheeler I think Graham will not get marry neither like to have any kid... cuz that gonna cost him lot of money and kids can't eat avocado toast..lol... Graham must be thinking in his crappy garage sitting in same used chair and table
you know graham is gonna be making a video on this today. I bet he’s sitting in his garage with his 20cent Iced coffee with a big smirk on his face. But this guy is doing pretty good with his finances tho.
Gabriel Peterson Not really. Student debt and auto loan debt, but he’s buying Rolexes and spending $20k on a wedding. It’s not how much you make; it’s how much you keep.
@@twincherry4958 I would say so, I live in Sarasota and I earn around $75,000 a year working as a mechanical engineer, $110,000 is definitely a very high salary for Florida
twin cherry I am married and have 1 dog, I am the only source of income and I am able to save like $1,500 a month living on a nice apartment and spending like $600 a month on groceries, I am kind of frugal so you can max the roth IRA but I don’t know about the 401(K) but you could at least put extra $12,000 on the 401(k) while maxing a roth IRA as well, the tax rate I get is very low as I my wife does not work so that helps as well
@@catt_ganda82 I didn't mean the wedding. If you watch the video it says that he could travel the world for free and doesn't need to pay for plane tickets
The only criticism I can see here from Graham is the gold investing. Graham is not a fan of gold. Also since the couple was mentioned so much it would have been nice to know if the woman works or not and their combined income/budget breakdown
I don't understand why people worship Graham. He is a self titled real estate guru whose making 95% of his yearly income from RUclips! Not investing. That is the most shill way of self agrandizement.
I live in the Tampa area and both cost of living and population has gone up the last 7 years. Traffic is getting worse as well. Which is why I plan on leaving Florida within 5 years.
How old are you if you dont mind me saying?. Also for your house loan to be paid off was it just yourself or with the mrs? Congrats btw. Alwasy nice seeing someone succeed and be happy.
@@th3thrilld3m0n actually plenty of millennials are make 100k plus. All of my friends and myself are. It just depends on what field you go into and where you live. Soon you will get there too!
@@lordavatar6256 I'm actually an artist. Lol I know most ppl think starving artist, but art actually does really well. 3 of my friends are developers. One is a ux designer. 1 is a loan officer.
Stephanie Figueroa I wonder how is he doing that! Federal student loans make you pay a percentage of your salary a month. That’s on the income driven payment plan. On my income repayment plan, I’m paying $400 a month. I don’t make near what he is making.
KWR 28 Student loan income driven repayment plans are based on gross pay (before taxes), not net pay (take home). It’s usually based at 10% of your gross income. What you can do is clam dependents, like children. That would lower your payment. Students just don’t go off of one person’s income, but the households entire gross income.
I save about the same monthly as him but i spend like 3000k instead/month. My very first job in the U.S was working in a store and earned $7/hour, Came here 2009. Got a bachelors and then my doctorate and now earns $61/hour. It took almost 10 yrs for this transition.
Props to him for starting so low and grinding to get where he is at. Makes a good living now but his lifestyle hasn't increased too much which allows him to save a lot relative to most people. However, if he's making about $10.1k a month with OT and per diem, but expenses are only about $7k, where is the rest of this money going?
From a college graduate in the health care field IN the Tampa area, this is FAR FROM the average story. First off, rents in the Bay Area have sky rocketed. Previously, I lived in a so-so area, in a crappy apartment complex to save for my house (which I purchased a year ago now). From 2015 through 2018, the rent went from $750 to $1300. That’s over $500 in 3 years! So having a $1082 rent for a townhome in Tampa, is pretty LUCKY! I’m pretty SURE I know the place where he lives. If that is the case, most of the residences aren’t townhomes. That place has a very, very, very, very long waiting list due to their cheap prices. Tampa Bay isn’t known for being a place loaded with higher paying jobs. They exist. People do well here. The opportunities for such jobs and rapid advancement aren’t common hear (I rarely met a department director or administrator younger than their 40s). The AVERAGE college educated professional earns between $40-80k. The AVERAGE college professional here has between $25-70k in debt. The average rents for a two bedroom apartment goes anywhere from $1200-2200. Pending on which part of the Bay you are located, home prices average in the $200k in the northern counties (Hernando & Northern Pasco) to $300k and up in Pinellas, Hillsborough, and southern Pasco. I have nothing against this gentlemen. In fact, I applaud him! I wish him nothing but the best. If you are offering advice for people on how to save their money, I feel it would be better do articles that are more realistic. Try a BSN (a nurse), an IT professional, and EVEN BETTER a teacher. I’m not hating. I just would like to see scenarios be more relatable.
Dont forget to SMASH that like button for the RUclips algorithm! Pretty awesome episode of wait for it... Millenial Money. I think Graham is going to comment on the investments in gold and the $800 a month food budget. And the 20k wedding. Otherwise awesome and nice they added the breakdown of the savings part.
@@DietBajaBlast He said he cooks almost all his meals at home. My guess is that buying raw materials for his culinary experiments as he eyes his future career track as an owner of restaurant chains is where that money is going. My guess is that he should talk to an accountant about ways for him to write off any food expenses and educational costs as a business expense.
Well he borrowed a bunch of money to pay for things he couldn’t afford, so now he’s in debt, and instead of paying off the debt, he buys gold bars and puts money in savings for a home.
Been saving $8000 per month. After I got into saving money, I feel more joy from having money than purchasing cheap, useless products. I can now take trips to Europe and buy luxury watches as I please. There's something so liberating and free from having no debt. Too bad the typical person cannot share in this feeling.
Join ROTC in college. Graduate with a commission and no debt. Do your time and get flight trained. Become a pilot in private sector Airlines or Another.
Great to see that he is supporting his parents but with such amount I would extend the support to more children in education. However Hemant seems great guy.
I have nothing but respect and i wish this guy success and prosperity.in society every one will never be a judge,doctors,sports personally,ect ect..you don't need to make same has these folks.but i will. Never understand why some hard working folks have to work and beg for assistance.no one should be making less than 40k a year in America today.the cost of living is demanding such.just to have a opportunity of not having to work and beg.
I think you should interview me lol Started career with 100$ and month in India and now earn 240k a year and wife works too and still can’t afford and house in Bay Area
Saw a video of this series of some other guy who makes 200k+ climbing electric poles or something, and this pilot makes 110k?? wth man? How are salaries decided in the US?
![Wiz Khalifa - Khalifa's Home [Official Music Video]](http://i.ytimg.com/vi/wnrLCTe0Nz4/mqdefault.jpg)
What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. cnb.cx/32TYZ2K
CNBC Make It. Come to UTAH
Hey CNBC, you are lucky to have Graham
Do someone in Louisville KY
GRAHAMMMMMMMM
Do you guys watch Graham's show?
It’s like these adults get better and better.
This channel must be tired of Graham’s shade
Nia C savage, also why are there no other responses to this yet?
Who is this “ Graham”
@@Pcarnevaaa Graham Stephan a finance you tuber
PMoose Traven the latest guy in the show🤣
The avocado toast
We now get a real breakdown of the saving section. That's a great addition, thanks CNBC.
Such a humble guy! I can relate with him about taking care of your family as they grow older! I am doing that with my mom now even though I am in my 20s. It is something that Americans find odd but it is just in some cultures, it is engrained to take care of our parents because they sacrificed so much to take care of us.
diamondflame45 Humble to the tune of a $20,000 destination wedding and a box of Rolexes. GMAFB.
@@drewconway7135 is 20k a lot? I thought the average cost of weddings in the U.S. was way more than that
Jacqueline Le Yes, $20k is a lot, and very pretentious.
@@drewconway7135 not when you factor in the cost of flying his close relatives to the wedding destination
Isak Levy It’s a gluttonous indulgence.
As someone from Nepal trying to make a living here in the US, this gives me so much hope
You'll do way better in the US than in Nepal
Get some high degree then only US will allow
hope it's going well for you buddy
Don’t come to the US and borrow a bunch of money for school and motorcycles though
Good for him! He seems like a really good guy! His immigrant perspective comes through when you see his gratitude towards life in the USA
Graham will NOT have a good time with this one. It's not a train wreck
TheGamble17 It kind of is. They didn’t say how much his student loan is, or the note on his bike. He’s also buying all of the food for him and his fiancée. Either way, buying fancy watches and spending $20k on a destination wedding when you have debt is not a good idea. Yes, it’s good that he’s saving money. But he’s also making some irresponsible choices and is shouldering more than his fair share of the burden in the relationship. Yes, we’ve seen worse, but this is not a shining example.
Of course this is a train wreck! They dude owes a bunch of cash and is already planning a 20k wedding what more do you want?
If he can purge his watches he should free up a lot of cash. Looks like he has a Rolex: Batman, Pepsi and Daytona. They are worth quite a bit
I think his food and transportation bill is to high, and gold doesn’t really produce anything. The wedding can be an issue for Graham and that he saves more than a 1000$ per month in cash but has only 18K in liquid savings but a nice Rolex watch collection
TheNorthernAviator or you can join airforce, and get paid for taking flying lessons.
The last time I was this early, Graham was still single
a va check out his vid. Lots of vids are about his gf in his Channel
dead lolllllll
Malanee Wheeler I think Graham will not get marry neither like to have any kid... cuz that gonna cost him lot of money and kids can't eat avocado toast..lol... Graham must be thinking in his crappy garage sitting in same used chair and table
Who's this Graham??
@Magic Mike
Graham Stephen - he's a RUclipsr just look him up
To this guy, do not quit your pilot job to sell dumplings, your doing really well even with the stressful job of being a pilot.
They retire early...like firemen and police officers. He needs to think about a new career path.
Spunkymunky not true. Most pilots fly up to the mandatory retirement age of 65, unless for some reason the airline offers an early retirement package.
Pilots! What an awesome job! I’m really appreciating your channel’s broad representation on many different fields :) Keep up the good work.
you know graham is gonna be making a video on this today. I bet he’s sitting in his garage with his 20cent Iced coffee with a big smirk on his face. But this guy is doing pretty good with his finances tho.
Who's graham?
Really? I think he could have more in savings than $18k at 33.
I'm certain the amount spent on groceries will definitely irk Graham
@@reyalexandro Graham Stephan on YT--he is huge on personal finance --please check out his YT channels!
Gabriel Peterson Not really. Student debt and auto loan debt, but he’s buying Rolexes and spending $20k on a wedding. It’s not how much you make; it’s how much you keep.
I don't think food budget should ever be more than rent unless you're living in a free home.
Holy cow, $110,000 in Tampa is a lot of money
Is it, really?
@@twincherry4958 I would say so, I live in Sarasota and I earn around $75,000 a year working as a mechanical engineer, $110,000 is definitely a very high salary for Florida
@@omarcarrera8229 is 5k a month comfortable? Can one max out their Roth and 401k on this and still live comfortably?
twin cherry I am married and have 1 dog, I am the only source of income and I am able to save like $1,500 a month living on a nice apartment and spending like $600 a month on groceries, I am kind of frugal so you can max the roth IRA but I don’t know about the 401(K) but you could at least put extra $12,000 on the 401(k) while maxing a roth IRA as well, the tax rate I get is very low as I my wife does not work so that helps as well
I agree! I live in Tampa, FL and $110k/yr. Is a ton. Average household income in Tampa Bay is $50k/yr. For a family of 4!!
But the travel the world for free thing is like legit goals👌🏻
Not really as he is a pilot and so has limited time
@@Alex-om1be but still free time, holidays..?
His fiance is from Poland, naturally the wedding will be in Europe. Duh
@@catt_ganda82 I didn't mean the wedding. If you watch the video it says that he could travel the world for free and doesn't need to pay for plane tickets
@Lukas Gröndahl A lot of other people have jobs too. Practically none offer free plan tickets especially to wherever you wany
CNBC: Doing their best to show positive examples for Millennials.
Graham: THIS IS NOT THE MILLENIAL MONEY THAT I KNOW
Every time u learn something from watching these video.
Today, I learn there is a brand called Rolex.
Ro what?
Jesus Ortiz lex , Rolex my friend. It’s a watch brand.
hahahahaha i was so confused when he said that
Did you live under a rock the last 40 years?
The only criticism I can see here from Graham is the gold investing. Graham is not a fan of gold. Also since the couple was mentioned so much it would have been nice to know if the woman works or not and their combined income/budget breakdown
Nuance Bro you predicted it
I don't understand why people worship Graham. He is a self titled real estate guru whose making 95% of his yearly income from RUclips! Not investing. That is the most shill way of self agrandizement.
@@MRony very true but he’s still very smart
@@marvina8536 that's like saying Logan Paul is smart.
@@MRony at marketing he is everyone good at something
Any Nepalese watching this?🇳🇵
YA
I live in the Tampa area and both cost of living and population has gone up the last 7 years. Traffic is getting worse as well. Which is why I plan on leaving Florida within 5 years.
wow 110k..
I make 60k a year no debt no loans cars paid of married have a big 6bd home. In Texas... 110k I would be rolling in the dough.😀
How old are you if you dont mind me saying?. Also for your house loan to be paid off was it just yourself or with the mrs? Congrats btw. Alwasy nice seeing someone succeed and be happy.
What’s your occupation?
I make 60k, wife makes 60k.
Goals.
Alvin Geroy what do you guys do?
@@cerealis_5432 used to drive taxi
CNBC is the only comment not talking about gram ... they should hire him for this series would get more views
Hooking up our boi!
As someone moving to Tampa with a similar salary and a bit younger, thanks for this video for giving me a decent guide on what is doable
I'm looking for a filter to weed out comments with the word "Graham".
Haha, I feel you, brother 😆
$110k a year is not millenial money. Make it about $30k then you've got a story.
@Dr.'sorders ok Tru Tru lol me too. But we aren't getting above 100k
@@th3thrilld3m0n actually plenty of millennials are make 100k plus. All of my friends and myself are. It just depends on what field you go into and where you live. Soon you will get there too!
@@DOOGAART what field do you and your friends work in if I may ask?
@@lordavatar6256 I'm actually an artist. Lol I know most ppl think starving artist, but art actually does really well. 3 of my friends are developers. One is a ux designer. 1 is a loan officer.
He makes $110,000 a year and only puts $350 towards student debt???!!! I’m so bothered! 🤦🏻♀️ he. He can pay it off in two seconds.
Stephanie Figueroa I wonder how is he doing that! Federal student loans make you pay a percentage of your salary a month. That’s on the income driven payment plan. On my income repayment plan, I’m paying $400 a month. I don’t make near what he is making.
Kevin Honig He must just not be on income repayment.
He makes $110,000, doesn't mean he brings home $110,000...and he has other expenses...
KWR 28 Student loan income driven repayment plans are based on gross pay (before taxes), not net pay (take home). It’s usually based at 10% of your gross income. What you can do is clam dependents, like children. That would lower your payment. Students just don’t go off of one person’s income, but the households entire gross income.
Stephanie Figueroa somewhere, Uncle Dave popped a blood vessel. 😂
I live a minimal lifestyle. My wife and son understand we all have the same goal. This is not the life anyone would desires to live.
Finally a fellow airline worker love it!
I save about the same monthly as him but i spend like 3000k instead/month. My very first job in the U.S was working in a store and earned $7/hour, Came here 2009. Got a bachelors and then my doctorate and now earns $61/hour. It took almost 10 yrs for this transition.
what did you get your degrees in?
Yes, $110,000 for a 33 year old is totally normal. PLEASE cover more people in the $50-80k range!
Normal!!?
The average 33 year old makes $41k, and 75k in cities like New York
@@huey1153 you missed the sarcasm in my post.
I saw on the schematic of income he helps his family. Good for him.
Freedom is more important than money.
Props to him for starting so low and grinding to get where he is at. Makes a good living now but his lifestyle hasn't increased too much which allows him to save a lot relative to most people.
However, if he's making about $10.1k a month with OT and per diem, but expenses are only about $7k, where is the rest of this money going?
cust0mx Taxes 🤡
Not only does he fly a plane as his job, mans preferred method of land transportation is a motorcycle.
Got balls of steel brotha. Stone cold Hemant.
Another example of how good Nepalese can be if they get an opportunity. Proud and happy for you big bro!
he seems very humble i like his attitude good video
he's only earning $110,000, I understand the Rolex GMT master II but the two tone Daytona is above his pay grade. thats $25,000 in watches
There's a huge secondary market...especially in Asia...where people will often resell watches and luxury goods...
Look at you determining other people’s luxuries.... I’m assuming you make 110k as well to speak on it?
YOU HAVE A GREAT LIFE RIGHT NOW!!! DON'T START A RESTAURANT! !!!!
Lol
True... I’ve seen people own restaurants and it is no joke
"...especially on a brand called Rolex." Dude, everyone knows what a Rolex is.
bro representing🇳🇵
Everyone here waiting for @ graham stephan video like 🤔
When the uplifting music starts ... I’m “going to “ pay off my debt 😂
@0:40 he drops one if most valuable sayings in this entire series.
I love this series!!
Me too
From a college graduate in the health care field IN the Tampa area, this is FAR FROM the average story.
First off, rents in the Bay Area have sky rocketed. Previously, I lived in a so-so area, in a crappy apartment complex to save for my house (which I purchased a year ago now). From 2015 through 2018, the rent went from $750 to $1300. That’s over $500 in 3 years! So having a $1082 rent for a townhome in Tampa, is pretty LUCKY! I’m pretty SURE I know the place where he lives. If that is the case, most of the residences aren’t townhomes. That place has a very, very, very, very long waiting list due to their cheap prices.
Tampa Bay isn’t known for being a place loaded with higher paying jobs. They exist. People do well here. The opportunities for such jobs and rapid advancement aren’t common hear (I rarely met a department director or administrator younger than their 40s). The AVERAGE college educated professional earns between $40-80k. The AVERAGE college professional here has between $25-70k in debt. The average rents for a two bedroom apartment goes anywhere from $1200-2200. Pending on which part of the Bay you are located, home prices average in the $200k in the northern counties (Hernando & Northern Pasco) to $300k and up in Pinellas, Hillsborough, and southern Pasco.
I have nothing against this gentlemen. In fact, I applaud him! I wish him nothing but the best. If you are offering advice for people on how to save their money, I feel it would be better do articles that are more realistic. Try a BSN (a nurse), an IT professional, and EVEN BETTER a teacher. I’m not hating. I just would like to see scenarios be more relatable.
Dont forget to SMASH that like button for the RUclips algorithm! Pretty awesome episode of wait for it... Millenial Money. I think Graham is going to comment on the investments in gold and the $800 a month food budget. And the 20k wedding. Otherwise awesome and nice they added the breakdown of the savings part.
The only thing Graham can "complain" about is the watches and maybe the gold...but at the same time, it's HIS money and he's doing just fine.
He's going to complain about the food being to high and possibly the transportation.
Respect to this guy. Hard worker.
Hemant nice to see the video and know about ur life in general :)
A fast food dumbling chain seems exciting. Lol
Graham punching the air after seeing $800 on food
I'm sure the fiance makes him take her to fancy meals
@@DietBajaBlast He said he cooks almost all his meals at home. My guess is that buying raw materials for his culinary experiments as he eyes his future career track as an owner of restaurant chains is where that money is going. My guess is that he should talk to an accountant about ways for him to write off any food expenses and educational costs as a business expense.
One of the first comment I love this channel keep it up
Graham is gonna love picking apart the watches
The brand Rolex? Never heard of it :)
😂
😂😂😂😂😭😂
Best comment
😂😂😂😂😂
Haha.. Must richard mille or hublot
He’s too mature for his age, I have nothing negative to say unlike the other videos
Well he borrowed a bunch of money to pay for things he couldn’t afford, so now he’s in debt, and instead of paying off the debt, he buys gold bars and puts money in savings for a home.
He could have said GMT masster II black and blue but he knew we'd know he likes watches if he said BLNR
graham is coming for y'all you better watch out
Rent, $750 and in Florida. Is this man living a legal life
Well wishes to you and the family.
Nepali married to a Pole...."Only in America, dreaming in Red, White, and Blue!"
This guy is chill spends money wisely but still enjoys life
Been saving $8000 per month. After I got into saving money, I feel more joy from having money than purchasing cheap, useless products. I can now take trips to Europe and buy luxury watches as I please. There's something so liberating and free from having no debt. Too bad the typical person cannot share in this feeling.
Graham! I can’t wait. Be quick
He couldn't be more earthly even if he tried.
Sell one or 2 watches and pay off all your debt my man, you’re doing so well. You can always buy them back with cash later on.
The BLNR is my dream watch. I've been waiting over a year for it.
When 7 out of the top 10 comments feature Graham. Hahaha
You guys don’t understand that he showed well over 30k+ on just those two watches
why do you say monthly spending and include saving? there’s a reason spending and saving are different words
This series should be called The Millennial 1 Percent.
He seems like a very nice guy :)
Join ROTC in college. Graduate with a commission and no debt. Do your time and get flight trained. Become a pilot in private sector Airlines or Another.
Great to see that he is supporting his parents but with such amount I would extend the support to more children in education. However Hemant seems great guy.
staying debt-free is not always a wise decision especially when buying a home
GRAHAM would not be pleased to hear that
I have nothing but respect and i wish this guy success and prosperity.in society every one will never be a judge,doctors,sports personally,ect ect..you don't need to make same has these folks.but i will. Never understand why some hard working folks have to work and beg for assistance.no one should be making less than 40k a year in America today.the cost of living is demanding such.just to have a opportunity of not having to work and beg.
My man, Graham, will have a lot of respect for him.
who is Graham?
Graham won't be able to say anything that negative about this one. Except the food. And he better be using credit cards to get the points/cash back.
Love these!!
I like the Graham videos better reaction to the millennial money
What a difference the Income tax makes. I'm around the same annual salary in Canada and my take home is approx. $5000 a month after tax..
Graham's channel is going to die at this point
No way
Oop you were wrong bud his channel is booming he even has the respect of Kevin O’Leary
being a pilot is soo cool but i would be scared 😩
He is doing good. Not good content for Graham to react.
Who?
$800 on food !!
$100 in investing!!
Motorcycle debt !
Sasuke Uchiha who is Graham?
Elite Investor And student loans. And Rolexes. And $20k for a destination wedding.
He’s doing well but needs to adjust a few things. Investing in gold...barely touching student loans... Rolex’s...
800 on food , 750 on rent Graham should see this 😂😂😂
I believe it's for 2 people.
Dream job flying the 747
I can't wait until Graham watches this
110k is good for Tampa Bay Area
I feel sorry for CNBC that Graham has more views from the Millennial Money series than they do.
This guy is awesome! Inspiration anybody who can do it!
I think you should interview me lol
Started career with 100$ and month in India and now earn 240k a year and wife works too and still can’t afford and house in Bay Area
Move out
Then don’t move there... don’t understand why people want to move to places that have been so over saturated.
You should do one on pipeline welders in the west oil fields. 6700 a week for welders
Saw a video of this series of some other guy who makes 200k+ climbing electric poles or something, and this pilot makes 110k?? wth man? How are salaries decided in the US?
This is so unrealistic. You need to show the person that works 3 jobs and nearly makes ends meet.
God bless you and your fiancée. Keep the hard work, it’s already starting to pay. Cheers!
I miss horror financial stories
Millennial money is the Hilarious!
broooo you make 100k a year and you're going to spend 20k on a destination wedding?????
Why would you invest in gold? It literally doesn't increase value more than inflation
Graham need to respond to this video ASAP
Hemant bro u rock :) lotsa love from all of us in Nepal :)
$110,000 before or after tax? I think Florida has no income tax. But I'd like to know what the Take home is.