College in 2 years in CS at Berkeley and a 1 year Master is the most underrated thing here, this is not easy, I’m a physician now and I don’t know if I could do that.
Haha after studying easiest courses in science faculty and entering medical school, u think u are smart enough to study cs? Lmao. What u did was just memorizing easy stuff and u have no idea how hard it is to convert ur math knowledge and cs knowledge such as algorithm to computer language as what u did for ur life was memorizing from text book, which is ez for every cs student in top universities lol.
This is a PRIME example of strong family values and structure in setting up your children for success. There's a strong push for education from his family.
@@404fulmike Yeah absolutely. But I think the main thing is his parents taught him well and put an emphasis on work ethic and education while growing up, thus building a foundation. Sadly I can't say the same for many other families who continuously pass on generational poverty 1 after another. They struggle to break that cycle.
Also, parent's money and attention. He didn't have to worry about coming up with the resources to make up any deficit. His parents got him covered, and good on them for doing so!
man......this guy is an absolute genius at 22 years old.....i was knucklehead alcoholic...wish i could go back in some way. He's a perfect example of raised by good parents and strong family background. Kudos man.
no he's not. he is leveraging tons of risk into this real estate empire. also, retire at 35? this guy is smart, but way not on track to hit these financial goals he speaks of. im sure an advisor will reason him out when he gets a bit older.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
There are many you could potentially find online. I personally work with Kate Elizabeth Amdall , and she's been spectacular. But there are also many others you could check out yourself.
This is the type of guy you don't tell your Asian parents about if they like to compare others to you. All jokes aside, wow, this guy is a great example of what hard work and delayed gratification can achieve.
Pay attention to what he says at 6:10, he saved up alot more by living with parents and living frugally. He was able to save 95% of his income. Try renting alone and you'll realize it's almost impossible to save up enough as you will spend over 50% on just rent especially in silicon valley or anywhere in oj county, the more expensive place in SoCal.
Something doesn’t add up. His income is close to $200K and he saves $60K over two years? And he says he was saving 95% of his income? His current housing cost (main and rental) is about two thirds of his take home pay. Although his rental breaks even on the mortgage (+$200), he is not adding the cost of insurance / maintenance for the property, and if the tenant becomes delinquent, he can easily lose money. His mortgage for his main residence is also very high. Hopefully that will go down once interest rate drops. It’s a tall order to say he “owns” two properties when they are mostly owned by the bank. And already he wants to acquire a property every two years. My gut feeling is that he may be too aggressive with his investment strategy (crypto, using leverage etc.), and he is not making as much gains as expected with a conservative investment strategy. I am curious to see what his actual net worth is. But so far numbers don’t look that great. And he wants to hit 5 million net worth in 10 years to achieve FIRE. And the mention of credit card debt is alarming if he calls himself frugal (maybe he put the AC on the credit card).
This guy is living well but I would give more credit to his parents for setting him well. Where is a 13 yo getting his capital from to invest? He also needs his parent's permission to set up an account to invest. No mention of him working till he got his bachelor's too. His parents also paid for his college (even two years is a lot). His financial strategy initially was pretty risky which speaks volumes about his family support in case anything fails. Props to him for realizing that stable long-term investments are better.
@noazucar519 I got red envelopes as a kid too -- definitely under a hundred. The richer your family, the more you get. Budgeting is another story than investing.
Hold on here. This kid graduated from Berkeley with a CS degree in 2 years. He is not your normal person. I graduated in 4 years and I had to do summer school and use my AP credits. How did he do this?
Sometimes there are programs within high schools in which you can graduate with both a high school degree and a associates at the same time. He could have graduated taking all of the general education requirements and when applying for U.C. Berkley he would have junior standing. He could also take summer classes or ap courses as the other commenter mentioned.
He represents the 1% that are able to achieve at this level. It's unrealistic for the vast majority of the population. Some people are born special and with a little discipline and they become extra special. It's no competition. We just have to try our best.
His math makes no sense..graduated two years early so he’s been working for 2 years. He’s made like $400k max pre tax and somehow he has two houses, 115k in investments, and has lost $80k in crypto. He either comes from a lot of money and his parents have helped him out significantly or he’s lying
Nah it adds up. 2 houses he's paying mortgage on, doesn't say how much down. Stock market has done well. With maxing out 401k(+ matching)/ira, 115k is very achievable. $80k crypto "loss" isn't specifying realized loss of $80k. Dude's smart and makes good income. Didn't need parents with good finances to achieve any of that.
He definitely benefitted from financial support to achieve this. That doesn't take away from his accomplishments, he's doing insanely well, but there's no way he'd be in the exact position he's in today without the support he received. It's a whole different financial situation when you have to pay for food, rent, tuition, car payment instead of getting to save nearly 100% of your income.
@@alexyeung3273except you do since he was able to invest from the age of 13. Very few children will have access to money that their parents will allow them to invest.
@@alexyeung3273he would definitely be in a different position had his parents not paid his college tuition and personal expenses in full bc if you graduate college in 2 years forget about part-time jobs. After graduation he also did his Master in 1 year, working for Google, and living with parents rent free so a lot of that income goes directly to whatever he was able to invest. His parents have helped A LOT and that is undeniable. 😅
It doesn’t add up. 400k gross with 25% taxes leaves him 300k. He bought a 226k investment property which generally needs 25%ish down that 56k (244k left). Then a new house for 647k 5% down is 32k (212k left). Next 115k invested at least another 90k using ETFs (122 left). 1k a month non retirement 24k (98k left). 80k crypto loss (18k left). 629 a month on a car 15k (3k left). 1000 a month debt repayment (-21k left). Then add food, lots of travel, clothes etc and he is 10s and 10s of thousands of dollars short of this math working.
He impressed me with the back flip. That said, I think this guy needs to crunch the numbers some more. If he plans to retire at 35 there is no way he is going to be able to support a wife and 2 kids.
his house looks like the meme of a software engineer in silicon valley. nearly no furniture or decor, and a mattress on the ground. think we are all interested in how he graduated in only 2 years, yet he explained zero. he just stacked a ton of classes every semester and went to summer school? seems really hard and stressful, but well done.
Although I like his spirit and determination, there were many red flags throughout this video and his comments on spending/income don't add up. And it feels like we're missing information. His current salary does not indicate one new investment property every 2 years, especially if he only makes $194 in profit each month. When he said he wanted to retire at 35 with $5 million, but also wanted to start a family soon I just laughed....this guy is a big dreamer. A family, even one kid, is very expensive.
Warning, a good daycare in OC is $2,000/mo per kid minimum haha. I have 2, get ready to add $4,000/mo to that budget good Ol Boy! Welcome to the Thunderdome!
I’m sure there’s some sacrifices that need to be done (ie not eating out a lot, not a lot of social gathering to spend money). With his income level, 20% down payment for a home is FL is smaller compared to 20% down payment in California. Makes sense why he chose the investment property first
Yes I noticed this as well. The pie chart said he is only saving and investing $442 a month. But then he said he invests almost $2,800 a month in retirement and non retirement account.
Losing out on college years is priceless. You can always be sound financially later on. But Berkeley isn't the most fun university so I don't blame him. Good job Ethan, you're very mature for your age.
"college years" are worthless, this is why he's not in debt. Skip the parties in college, it's not a good culture for young people. We shouldn't be subsidizing young adults to be alcoholics
I wish he credited his family for the knowledge of knowing about financial literacy at a young age - that is a HUGE advantage. I also advise if possible to not trade yours college years. Getting a rental property in another state and only making $200 with no mention of property taxes. While planning is good, life can have unexpected twists. It’s important to have a balance and also be present.
easy for you to say not to trade your college years. I also graduated 2.5 years early simply because I could not afford it, and as an international student, I also could not get any federal loans.
He needs to also credit his family for his early investment account and paying for college so he can graduate without debt. That's a huge financial boost to anyone starting out. I was paying loans until my 40s.
He move his life so fast. He need to learn how to spread things out throughout his lifespan or else he will hit a period of depression and boredom. I'm happy he made it that far at such a young age but he lost so much values of what life is. The more he grow up, the more he realize his mistake of going through different stages of life too fast and need to balance out work and life NOT Work hard now and life later.
Our life is a non linear path, and has significantly changed in the last cpupke of years. In an economic downturn, those who are in his position will have an entirely different experience then the majority. Keep it lowkey & go abroad. Hes got a good head on his shoulders and spoke like a well balanced person. He even said it himself, Liquid cash is losing its value fast and as purchasing power is taking a dive. He put it into his retirement and investments portfolio, that increases its value oger time and survives the downturns. Savings gets destroyed during inflationary times.
Can we please have some normal Gen Z's on here??? Someone in college hustling and budgeting super hard is a lot more interesting than people with so much money they can buy whatever they want without thinking about it.
Hes normal? Just because hes smart and got a good job working for google doesnt make him an anomaly LOL. They have plenty of videos on here of ppl you're asking for.. Just because he had supportive parents, went to berkely(on his own merits), saved his money, and is successful at 22 doesnt mean we should not celebrate him or show him off.
I'm skeptical about being able to complete a computer science degree in 2 years as portrayed. He had to of either taken college equivalent courses in high school or went to community college and transferred in.
Unless Ethan doesn't pay property tax or insurance or any maintenance costs or save for vacancy and Capex, then he's actually losing money every month on this rental property in Florida.
I see a lot of praise for him, but he lost $80k on crypto and spends over $6k per month on housing (despite having two extra bedrooms in his home he could rent out). He says he saved 90% of his six-figure income but that only amounted to $60k in two years? A lot of this doesn't add up. He seems smart and sensible, but I think his well-spoken manner detracts from some poor financial decision making.
Opening this I thought he would be a snobby Googler begging about is income. But boy was I wrong. What a smart and responsible young man. At 22 I could have never lol! Good luck Ethan!
I agree with the comments. This is far from an average person. UC Berkeley computer science degree in 2 years. Masters in 1 year? That's impossible for 99.99% of us. Even making $196K a year, he does have a lot of fixed expenses, mainly that huge mortgage. Anyway, it's whatever works for him.
@@todaynottomorrow367 I am not surprised. A good daycare in San Diego County can cost $1,300 and higher. There is a preschool that is considered really good and is over $2K a month.
This young man has it all figured out and he's so bright!! And he's Khmer!! Khmer-American Pride! So proud of you! Please help our younger and older Khmer-Americans too!
I also graduated from UC Berkeley and completing the EECS program in only 2 years is God status. It still sounds like a stupid move to save money though because UC Berkeley tuition is pretty cheap compared to privates, at only $13,500
Really nice guy---but is NOT the norm--he's that rare superstar @ 22!! Good for him.--he's truly superb in terms of his discipline, mindset determination, and maximizing all his skill sets!
how did he do a BA in comp sci in only two years? he doesn't mention attending community college & then transferring into a 4-year institution so I'm just curious. I wonder if he also took summer courses during that time.
I am assuming he took a lot of AP classes in high school. so he doesn't have to do 1st year, go straigh to 2nd courses, then didn't take summer off.Using the summer semesters to finish more classes. therefore he can graduate in 2 years.. bascially, he never had a break for school for 2 years, no summer, no social life. just school, classes. I know ppl did that..
I'm sure that's what he did... Probably took APs and community college courses during the end of high school, and berkeley counts a lot of those courses. I have another friend who did the same thing. I don't think there's any other way to really graduate in 2 years because there's a max number of credits you can take.
What are you even talking about? This is a realistic salary. Dude is a engineer. Plenty of people are engineers. You act as he's a professional athletes or movie star making hundreds of Millions or Billions.
@@BlowitAllUp Only reason California salaries are higher than most places is because California itself is extremely expensive compared to the average place. Same as for New York. Yes the average salary is $40-$50K but you also have to factor in how many people do you know that wanna watch a video of a Walmart worker or factory worker? Remember this is RUclips we're watching so they have to find realistic jobs that the average person can pursue that are also going to attract viewership.
he's really book smart, but he sorely lacks financial knowledge. "profit" of $194 form his rental is actually a loss after property tax.. buying such an expensive home in OC when rates are peaking will stunt his savings and postpone whatever retirement plans he had. once he has kids, he won't qualify for any benefits at all due to his high income so he will need to pay for day care, which is another $1500+ per month per child. it's weird how someone that is so smart and grosses so much $ can be almost paycheck to paycheck
For people, who tell others to avoid going to collage at all costs are giving others terrible advice. He is one example out of many, who are financially successful because they chose to go to college. All or nothing thinking is a terrible cognitive distortion that you want to reframe.
This guy is outstanding. I hope he also prioritizes his health and works on healthy eating & regular exercise to maximize his life expectancy and overall happiness. Those are things young people don’t always think about.
Eating healthy is hard with all the processed crap available even at Google, so that takes a little effort to research. He can always subscribe to have keto meals sent to his home. He's a doughboy with career and money and needs to hit the gym.
@@BlowitAllUp It's pretty easy to eat healthy at google there are always fruits, vegetables and healthy alternatives. Salad bars and everything. Not much effort at all
OMG, the background is the Arnold Cypress Park! Miss my days when I was living nearby with my family. Used to practice and play basketball there quite regularly :) Kudos to Ethan, by the way!
So you work for the Google Maffia?... I'd strongly recommend taking those skills and bringing them somewhere where they will actually do something good for the world.
A friend of mine makes the exact sum. But that dude lives between Indonesia and Spain throughout the year. Now that dude’s life is awesome. He might’ve made over 200k last year as well, I’m not sure though.
Don’t get me wrong, he’s exceptionally accomplished for his age but not having that regular undergrad experience really shows. You can quickly tell he’s pretty socially awkward, even the way he talks is off putting.
College in 2 years in CS at Berkeley and a 1 year Master is the most underrated thing here, this is not easy, I’m a physician now and I don’t know if I could do that.
Nah. Not most underrated thing here. Not “most underrated thing here.” /
@jordanjohnson Okie
@@jordanjohnson9866 ok chill
Haha after studying easiest courses in science faculty and entering medical school, u think u are smart enough to study cs? Lmao. What u did was just memorizing easy stuff and u have no idea how hard it is to convert ur math knowledge and cs knowledge such as algorithm to computer language as what u did for ur life was memorizing from text book, which is ez for every cs student in top universities lol.
@@uhwi1675you obviously don’t know what it takes to become a physician.
This is a PRIME example of strong family values and structure in setting up your children for success. There's a strong push for education from his family.
Plus he was surrounded with friends who are well educated and investing. That really push him to be on top than the average teen.
@@404fulmike Yeah absolutely. But I think the main thing is his parents taught him well and put an emphasis on work ethic and education while growing up, thus building a foundation. Sadly I can't say the same for many other families who continuously pass on generational poverty 1 after another. They struggle to break that cycle.
Also, parent's money and attention. He didn't have to worry about coming up with the resources to make up any deficit. His parents got him covered, and good on them for doing so!
Asian privileged is real!
Definitely. I didn't have this support at his age 😢
man......this guy is an absolute genius at 22 years old.....i was knucklehead alcoholic...wish i could go back in some way. He's a perfect example of raised by good parents and strong family background. Kudos man.
never too late to restart your life
no he's not. he is leveraging tons of risk into this real estate empire.
also, retire at 35?
this guy is smart, but way not on track to hit these financial goals he speaks of. im sure an advisor will reason him out when he gets a bit older.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
please who is the expert guiding you? i have lost so much as a beginner investing into stock without a proper guidiance of an expert.
There are many you could potentially find online. I personally work with Kate Elizabeth Amdall , and she's been spectacular. But there are also many others you could check out yourself.
I just checked her out and I have sent her an email. I hope she gets back to me soon.
This is the type of guy you don't tell your Asian parents about if they like to compare others to you.
All jokes aside, wow, this guy is a great example of what hard work and delayed gratification can achieve.
Nah. Not hard work. Not “hard work.” /
Wow.. He started investing when he was 13 years old and he also owns two homes. What in the world are we doing with our lives? Lol
For real 😭
Pay attention to what he says at 6:10, he saved up alot more by living with parents and living frugally. He was able to save 95% of his income.
Try renting alone and you'll realize it's almost impossible to save up enough as you will spend over 50% on just rent especially in silicon valley or anywhere in oj county, the more expensive place in SoCal.
The power of education and hard work!
@@chrisalarcon17he was born smart
Something doesn’t add up. His income is close to $200K and he saves $60K over two years? And he says he was saving 95% of his income? His current housing cost (main and rental) is about two thirds of his take home pay. Although his rental breaks even on the mortgage (+$200), he is not adding the cost of insurance / maintenance for the property, and if the tenant becomes delinquent, he can easily lose money. His mortgage for his main residence is also very high.
Hopefully that will go down once interest rate drops. It’s a tall order to say he “owns” two properties when they are mostly owned by the bank. And already he wants to acquire a property every two years. My gut feeling is that he may be too aggressive with his investment strategy (crypto, using leverage etc.), and he is not making as much gains as expected with a conservative investment strategy. I am curious to see what his actual net worth is. But so far numbers don’t look that great. And he wants to hit 5 million net worth in 10 years to achieve FIRE. And the mention of credit card debt is alarming if he calls himself frugal (maybe he put the AC on the credit card).
I’m also a Googler! I sit down googling stuffs all day!
Lmao
😂😂
Same 🤣
I'm a YT'er...I waste hours on You Tube looking at mindless stuff!
I Bing
Such a smart, accomplished young man!! Wishing him all the success in the future!
This guy is living well but I would give more credit to his parents for setting him well. Where is a 13 yo getting his capital from to invest? He also needs his parent's permission to set up an account to invest. No mention of him working till he got his bachelor's too. His parents also paid for his college (even two years is a lot). His financial strategy initially was pretty risky which speaks volumes about his family support in case anything fails. Props to him for realizing that stable long-term investments are better.
@noazucar519 I got red envelopes as a kid too -- definitely under a hundred. The richer your family, the more you get. Budgeting is another story than investing.
@noazucar519at 13 you can do jobs. Even coding jobs are available for 14 year olds
IDK.....They sound like jerks telling him they will only pay for 2 years of college....
Vey true. Graduating without debt sets you up big time.
Good family support, educated, invested early, homeowner, good job. Well done, young man!
He's an bright individual. Down to earth. Makes mistakes and learns from them. Love it.
Hold on here. This kid graduated from Berkeley with a CS degree in 2 years. He is not your normal person. I graduated in 4 years and I had to do summer school and use my AP credits. How did he do this?
Took nothing but AP classes in high school, did summer school, and maxed out classes each semester and had no social life.
Sometimes there are programs within high schools in which you can graduate with both a high school degree and a associates at the same time. He could have graduated taking all of the general education requirements and when applying for U.C. Berkley he would have junior standing. He could also take summer classes or ap courses as the other commenter mentioned.
He represents the 1% that are able to achieve at this level. It's unrealistic for the vast majority of the population. Some people are born special and with a little discipline and they become extra special. It's no competition. We just have to try our best.
Bro lost 80k in crypto trading??
Losing 80000 in crypto and not having fun in your youth sooner or later will cost you...
Smart kid. His perseverance and proactive approach to life will get him far. All the best to you Ethan!
7:48 such a blessing to have great grandma still around
This young man is amazing. So determined and hardworking. Plan everything so well and stick with it.
His math makes no sense..graduated two years early so he’s been working for 2 years. He’s made like $400k max pre tax and somehow he has two houses, 115k in investments, and has lost $80k in crypto. He either comes from a lot of money and his parents have helped him out significantly or he’s lying
Nah it adds up. 2 houses he's paying mortgage on, doesn't say how much down. Stock market has done well. With maxing out 401k(+ matching)/ira, 115k is very achievable. $80k crypto "loss" isn't specifying realized loss of $80k. Dude's smart and makes good income. Didn't need parents with good finances to achieve any of that.
He definitely benefitted from financial support to achieve this. That doesn't take away from his accomplishments, he's doing insanely well, but there's no way he'd be in the exact position he's in today without the support he received. It's a whole different financial situation when you have to pay for food, rent, tuition, car payment instead of getting to save nearly 100% of your income.
@@alexyeung3273except you do since he was able to invest from the age of 13. Very few children will have access to money that their parents will allow them to invest.
@@alexyeung3273he would definitely be in a different position had his parents not paid his college tuition and personal expenses in full bc if you graduate college in 2 years forget about part-time jobs. After graduation he also did his Master in 1 year, working for Google, and living with parents rent free so a lot of that income goes directly to whatever he was able to invest. His parents have helped A LOT and that is undeniable. 😅
It doesn’t add up. 400k gross with 25% taxes leaves him 300k. He bought a 226k investment property which generally needs 25%ish down that 56k (244k left). Then a new house for 647k 5% down is 32k (212k left).
Next 115k invested at least another 90k using ETFs (122 left). 1k a month non retirement 24k (98k left). 80k crypto loss (18k left). 629 a month on a car 15k (3k left). 1000 a month debt repayment (-21k left).
Then add food, lots of travel, clothes etc and he is 10s and 10s of thousands of dollars short of this math working.
He has gotten a lot right at a young age. Well done.
He impressed me with the back flip. That said, I think this guy needs to crunch the numbers some more. If he plans to retire at 35 there is no way he is going to be able to support a wife and 2 kids.
This kid is Cambodian. Props to him for defying the odds.
his house looks like the meme of a software engineer in silicon valley. nearly no furniture or decor, and a mattress on the ground. think we are all interested in how he graduated in only 2 years, yet he explained zero. he just stacked a ton of classes every semester and went to summer school? seems really hard and stressful, but well done.
Although I like his spirit and determination, there were many red flags throughout this video and his comments on spending/income don't add up. And it feels like we're missing information. His current salary does not indicate one new investment property every 2 years, especially if he only makes $194 in profit each month. When he said he wanted to retire at 35 with $5 million, but also wanted to start a family soon I just laughed....this guy is a big dreamer. A family, even one kid, is very expensive.
Warning, a good daycare in OC is $2,000/mo per kid minimum haha. I have 2, get ready to add $4,000/mo to that budget good Ol Boy! Welcome to the Thunderdome!
Agreed, he’s dreaming
I’m sure there’s some sacrifices that need to be done (ie not eating out a lot, not a lot of social gathering to spend money).
With his income level, 20% down payment for a home is FL is smaller compared to 20% down payment in California. Makes sense why he chose the investment property first
Yes I noticed this as well. The pie chart said he is only saving and investing $442 a month. But then he said he invests almost $2,800 a month in retirement and non retirement account.
@@bt2598 he could be referring to investments from RSU vesting
Watching him make his bed was so painful though. ☠️
This sounded like he was at a Google behavioral interview
FR... "I meticulously-planned my coursework"
This is one of the best episodes I’ve seen in a long time ! …very nice
Probably one of the best Millennial/Gen Z money’s I’ve seen from someone who is an employee.
He is IMPRESSIVE !
Tell me you have a tiger mom without telling me you have a tiger mom:
That's mildly sexist since tiger dads are just as popular as tiger moms😊
One of my favorites! This is what happens when you understand that money is to be used as a tool and not served as a master. Tfs😊
Losing out on college years is priceless. You can always be sound financially later on. But Berkeley isn't the most fun university so I don't blame him. Good job Ethan, you're very mature for your age.
Not.
"college years" are worthless, this is why he's not in debt. Skip the parties in college, it's not a good culture for young people. We shouldn't be subsidizing young adults to be alcoholics
The 2019-2020 and 2020-2021 years probably weren’t too much fun for many students, though.
I wish he credited his family for the knowledge of knowing about financial literacy at a young age - that is a HUGE advantage. I also advise if possible to not trade yours college years. Getting a rental property in another state and only making $200 with no mention of property taxes. While planning is good, life can have unexpected twists. It’s important to have a balance and also be present.
easy for you to say not to trade your college years. I also graduated 2.5 years early simply because I could not afford it, and as an international student, I also could not get any federal loans.
$200 cash flow while gaining equity is good, actually. much better than having his money stagnant in a savings account
@@diproprattoy6334 Ok, I did as well? I wish I didn’t.
@@diproprattoy6334do you really think she was talking about international students or something 😂
He needs to also credit his family for his early investment account and paying for college so he can graduate without debt. That's a huge financial boost to anyone starting out. I was paying loans until my 40s.
He move his life so fast. He need to learn how to spread things out throughout his lifespan or else he will hit a period of depression and boredom. I'm happy he made it that far at such a young age but he lost so much values of what life is. The more he grow up, the more he realize his mistake of going through different stages of life too fast and need to balance out work and life NOT Work hard now and life later.
Im surprised i didn't see more of this comment. i'm sure he'll grow to resent his decisions later in life and change his goal of retiring by 35
Our life is a non linear path, and has significantly changed in the last cpupke of years. In an economic downturn, those who are in his position will have an entirely different experience then the majority. Keep it lowkey & go abroad. Hes got a good head on his shoulders and spoke like a well balanced person. He even said it himself, Liquid cash is losing its value fast and as purchasing power is taking a dive. He put it into his retirement and investments portfolio, that increases its value oger time and survives the downturns. Savings gets destroyed during inflationary times.
He doesn't look close to anything that resembles boredom or stress.
@@RajDeelish boredom and stress will come to him in the future when he realized there is nothing left to do in the world
Can we please have some normal Gen Z's on here??? Someone in college hustling and budgeting super hard is a lot more interesting than people with so much money they can buy whatever they want without thinking about it.
@clarefitzpatrick3726 I bet he is now jekrnig in order to save money from dating girls or may be boys.
Hes normal? Just because hes smart and got a good job working for google doesnt make him an anomaly LOL. They have plenty of videos on here of ppl you're asking for..
Just because he had supportive parents, went to berkely(on his own merits), saved his money, and is successful at 22 doesnt mean we should not celebrate him or show him off.
That’s your opinion
What is a normal gen z? Poor and underachieving? Please enlighten us
He can’t buy whatever he wants. You should watch the video instead of just looking at the number in the thumbnail
I tried investing at 13 too but the bank just gave me a cardboard piggy bank.
this guy puts us to shame, dang you gen z
"Googler" is misleading; sounds like a secret shopper lol
He's a SOFTWARE ENGINEER.
He's earned that.
gosh cnbc you're such a big help to us all! THANKS!!!
The fact he can do an effortless backflip is more impressive than anything else (which is quite impressive also).
After taxes if he is investing $22,500 in 401k, his take home pay is only $9300. If he owns two homes, he is playing a little risky. Good luck!
his rental property doesn't cost anything. The renters are covering his mortgage.
I'm skeptical about being able to complete a computer science degree in 2 years as portrayed. He had to of either taken college equivalent courses in high school or went to community college and transferred in.
Transfer credits are common. Berkeley also has spring and summer classes.
Probably the CC classes in HS, it did say he graduated from Berkeley at 19.
it's doable.
Really smart kid!
Everytime I watch regular people reaching their potieianl and dreams and makes me feel confident on doint it.
lol at the random public static void main B roll. Bet that was awkward to film. This was an awesome story
Unless Ethan doesn't pay property tax or insurance or any maintenance costs or save for vacancy and Capex, then he's actually losing money every month on this rental property in Florida.
Seems like he might be over leveraging himself a bit...I love his enthusiasm and spirit
Which explains why he had to use debt to pay for the air conditioning unit.
Property tax and insurance will be part of the mortgage payment (the escrow portion). But vacancy, maintenance, hoa, property mgmt, are not included).
Yes his housing payment is massive. Only $442 going to savings and investments seems low.
He sounds like if ChatGPT were a person
LMFAO ouch
He appears to have a touch of the ‘tism.
Him and Republican presidential candidate Vivek Ramaswamy. 💯
😂😂😂 his script was probably written by chatgpt
his wealth comes at the cost of being interesting at parties
bright hard working asian boy! mad respect for his strong financial and life planning mind set!
22 Jesus Christ killing it is not even the word.
I see a lot of praise for him, but he lost $80k on crypto and spends over $6k per month on housing (despite having two extra bedrooms in his home he could rent out). He says he saved 90% of his six-figure income but that only amounted to $60k in two years? A lot of this doesn't add up. He seems smart and sensible, but I think his well-spoken manner detracts from some poor financial decision making.
I think he meant that he saved $60k in housing costs by living with family compared to if he had rented for 2 years
Opening this I thought he would be a snobby Googler begging about is income. But boy was I wrong. What a smart and responsible young man. At 22 I could have never lol! Good luck Ethan!
Sounds like you wouldn't mind chatting it up with Ethan. Nice.
I agree with the comments. This is far from an average person. UC Berkeley computer science degree in 2 years. Masters in 1 year? That's impossible for 99.99% of us. Even making $196K a year, he does have a lot of fixed expenses, mainly that huge mortgage. Anyway, it's whatever works for him.
What an amazing and proactive mindset! We definitely need to learn from Ethan.
Over $9K for one person in CA??
We are spending more than that but we are a family with 2 kids in an expensive area too in CA.
Well 6k of that is towards his residence and rental property it said
This young stud isn't footing the bill for day car yet. I live in OC, a good daycare full time for two kids is $4,000/mo.
Keep in mind $194K in CA only nets you about $11k/mo.
@@todaynottomorrow367 He is not earning $194K as a salary. This number includes his bonus and stocks so it's not part of his monthly earnings.
@@todaynottomorrow367 I am not surprised. A good daycare in San Diego County can cost $1,300 and higher. There is a preschool that is considered really good and is over $2K a month.
Great story Ethan. Keep crushing it man!
Salute to this guy. Takes focus and dedication to accomplish what he has. He did it in a such a short amount of time.
From another young tech professional to another, this is the way!
Kudos to you, man! Love to see when merit pays off. Keep the grind up :)
Super smart kid making the right decisions at a young age. Humble. Driven. Proud of this dude 🤙🏽
Of course...if I could live with my parents rent free, bill free, and make a 6 figure salary, I would be able to buy multiple properties too..
Jesus Christ he was using leveraged money on alt coins 😂😂
Lol
Most people venture into crypto to be wealthy,meanwhile I just want to be debt free.
Invest in one of these!
Real estate
Crypto
Stock
Gold
Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.
When you invest in crypto you are buying days you don't need to work
I'm enjoying working under a platform that brings good returns in my life and I've been making my weekly returns without stress all in crypto
Crypto currency will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my investment
This young man has it all figured out and he's so bright!! And he's Khmer!! Khmer-American Pride! So proud of you! Please help our younger and older Khmer-Americans too!
🇰🇭🇰🇭
Yup. Noticed that too. Young Cambodian superstar
Google needs a health wellness class.
I'm pretty there is a health and wellness class
why, because he is over weight? i think most of the google campuses have gyms and healthy food options
@@bigpoppa4094 They do
According the the internet, they do.
This guy epitomizes the “Workly Berkley” culture and I don’t mean that positively
What is Workout Berkley? I am just curious about it
Seems like it worked out in this case, as per his lookout on life
@@ekananda9591 workly as in work, Berkley his alma mater, just means to really grind, no work/life balance. See CS degree in 2 years
Anyone else notice and love the Naruto shirt?
I also graduated from UC Berkeley and completing the EECS program in only 2 years is God status.
It still sounds like a stupid move to save money though because UC Berkeley tuition is pretty cheap compared to privates, at only $13,500
This guy is a superstar
Really nice guy---but is NOT the norm--he's that rare superstar @ 22!! Good for him.--he's truly superb in terms of his discipline, mindset determination, and maximizing all his skill sets!
Crazy. All these strong and independent boss babes in the comments and on TikTok that can't stop crying about it.
Gotta say, what an astoundingly well adjusted young man.
Oh he’s Cambodian. Good job.
Love this for him ! Super impressive ❤
randomly watching cnbc and I see my mf college ROOMMATE on video hahaha. Good on you Ethan
how did he do a BA in comp sci in only two years? he doesn't mention attending community college & then transferring into a 4-year institution so I'm just curious. I wonder if he also took summer courses during that time.
I am assuming he took a lot of AP classes in high school. so he doesn't have to do 1st year, go straigh to 2nd courses, then didn't take summer off.Using the summer semesters to finish more classes. therefore he can graduate in 2 years.. bascially, he never had a break for school for 2 years, no summer, no social life. just school, classes. I know ppl did that..
I'm sure that's what he did... Probably took APs and community college courses during the end of high school, and berkeley counts a lot of those courses. I have another friend who did the same thing.
I don't think there's any other way to really graduate in 2 years because there's a max number of credits you can take.
Great young man… he just so much of an outlier that it’s hard for me to connect with him at 25.
❤li ll I ok 2ukk😊k😂😂😂😂😂😂😊
This guy seems to have his mind set on his goals and very organized. Keep up the good work towards the FIRE goal!
If he moved to Thailand he will live like a king
Bring back the more realistic salaries please. Not everyone is making six figures.
What are you even talking about? This is a realistic salary. Dude is a engineer. Plenty of people are engineers. You act as he's a professional athletes or movie star making hundreds of Millions or Billions.
@@Rivs5117 Average salary is $40-50k. Everyone around you seems to be more rich in places like California though.
Dont forget that California eats nearly half his salary
@@BlowitAllUp Only reason California salaries are higher than most places is because California itself is extremely expensive compared to the average place. Same as for New York. Yes the average salary is $40-$50K but you also have to factor in how many people do you know that wanna watch a video of a Walmart worker or factory worker? Remember this is RUclips we're watching so they have to find realistic jobs that the average person can pursue that are also going to attract viewership.
@@kuvjason7236 Exactly! People don't seem to factor in geographical location when looking at people's salaries.
he's really book smart, but he sorely lacks financial knowledge.
"profit" of $194 form his rental is actually a loss after property tax.. buying such an expensive home in OC when rates are peaking will stunt his savings and postpone whatever retirement plans he had.
once he has kids, he won't qualify for any benefits at all due to his high income so he will need to pay for day care, which is another $1500+ per month per child.
it's weird how someone that is so smart and grosses so much $ can be almost paycheck to paycheck
He’s young that’s why.
I agree with you!
Real estate sux
This is the final boss in the tech bro video game
For people, who tell others to avoid going to collage at all costs are giving others terrible advice. He is one example out of many, who are financially successful because they chose to go to college. All or nothing thinking is a terrible cognitive distortion that you want to reframe.
This just encouraged me
What an outstanding young man ❤! I wish I had this discipline at his age.
Every Asian parent after seeing this video to their kid: “why u not doing this?!” 😡
He probably bought a house in 2008 when he was 13 years old 💀
This guy is killing it, happy to see Gen Z nail money management. It applies to all generations tbh
This guy is outstanding. I hope he also prioritizes his health and works on healthy eating & regular exercise to maximize his life expectancy and overall happiness. Those are things young people don’t always think about.
Easy to eat healthy at Google
Eating healthy is hard with all the processed crap available even at Google, so that takes a little effort to research. He can always subscribe to have keto meals sent to his home. He's a doughboy with career and money and needs to hit the gym.
@@BlowitAllUp It's pretty easy to eat healthy at google there are always fruits, vegetables and healthy alternatives. Salad bars and everything. Not much effort at all
Retiring early will help big time.
OMG, the background is the Arnold Cypress Park! Miss my days when I was living nearby with my family. Used to practice and play basketball there quite regularly :) Kudos to Ethan, by the way!
Another life scale video. Smart kid but whats all the rush for though? 80k lost in crypto? Most people just cant bounce back from something like that.
So you work for the Google Maffia?... I'd strongly recommend taking those skills and bringing them somewhere where they will actually do something good for the world.
I wish I had my life together like this 😭
likewise !
So do it.
@@dynamichunter843how I am 78 years old. Please advise
There’s more to life than money.
Four years of undergrad life is one of the most valuable moments but he just skipped through it with two years
True but money is a big part of life
@@aufgeschlossen5110what do most people do with 4years of "undergrad experience"? Go into debt while training to become an alcoholic?
He's working to buy his time back and spend it with family, seems like he understands this
@@aufgeschlossen5110that's only true for people who peak in high school/college. it gets romanticized like crazy
The rental properly doesn’t seem to be super profitable, especially if he had to take on debt to fix the AC unit.
A friend of mine makes the exact sum. But that dude lives between Indonesia and Spain throughout the year. Now that dude’s life is awesome. He might’ve made over 200k last year as well, I’m not sure though.
This guy is SMART! 😳
Proud of you!!
Wow! Very impressive young man.
Investing while you still have credit card debt is not smart.
Thanks for sharing!
Don’t get me wrong, he’s exceptionally accomplished for his age but not having that regular undergrad experience really shows. You can quickly tell he’s pretty socially awkward, even the way he talks is off putting.
Interested to see what Graham has to say 🤔
Graham is a bum
Housing & utilities accounts for almost 7 grand a month. Does Ethan rent or is he paying off a mortgage?
now this is impressive!
How does anyone watch these without wanting to commit seppuku?