Googler Living On $194K In Orange County, CA | Gen Z Money 

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 😢

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.

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.

Nah. Not hard work. Not “hard work.” /

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.

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).

Lmao

😂😂

Same 🤣

I'm a YT'er...I waste hours on You Tube looking at mindless stuff!

I Bing

At 13 he probably used his Lunar New Year money to invest. I usually got a couple hundred every year as a pre-teen. Asian kids learn budgeting early!

@@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

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. 😅

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...

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

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.

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.

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 😂

Lol

🇰🇭🇰🇭

Yup. Noticed that too. Young Cambodian superstar

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.

That's mildly sexist since tiger dads are just as popular as tiger moms😊

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

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.

@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'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

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

Crazy. All these strong and independent boss babes in the comments and on TikTok that can't stop crying about it.

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.

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 RU-vid 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.

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.

❤li ll I ok 2ukk😊k😂😂😂😂😂😂😊