The Best Financial Strategies by Income: $40k, $75k, $100k+

Check out Rocket Money for free: https://RocketMoney.com/Humphrey #rocketmoney #personalfinance

I feel like any financial advice influencer that does an ad for rocket money immediately loses all credibility.

Im sure you have probably addressed this in other videos but for a single person on their own these ideas are super easy to adopt and implement. Basically if you watch this video but still struggle financially that points to some type of mental weakness that must be addressed for the person to become sucessful. That isnt a dig or an insult. Everyone has weaknesses and various mental health aspects or experiences even how you were raised can dramatically impact this.

But where a lot of the issue is outside of ignorance is that as a couple or living with combined finances or several people to account for, it dosn't matter if both people watched this video every single day for the rest of time. If there isnt good communication and both people aren't completely bought into the idea and on the same page about it / trying to do things the same way you end up just fighting against one another and getting nowhere fast. I would say for 80%+ of the people that aren't where they want to be financially this is the true issue or feel they are depending on factors not entirely within their control. So I really appreciate the time and effort you take to make this content. I really wish they show your videos in schools. In the meantime, it is definately valuable to make videos with this dynamic in mind as I feel this is often where the majority and biggest issues are.

wow. i love your video. Thanks for sharing

Good

Humphrey salamaleikum
My salary for one year is : 12-14 k dollar
1k – 1,2 k every month
40 k it’s a lot of money for me

I do EVERYTHING right and make 40k. Nothing i can do will help get savings when daycare costs 850 a month

Is all this before or after tax? 😂

Good video, most of Americans have consumers mind,poor financial education

Super helpful

年薪3000美元咋投

Can you add towing capacity to the overall comparison videos?

Damn…my income doesnt even hit the lowest salary bracket in this video :/

Interest rate of 10% is cute…

Net worth is interesting. I have 8k in student loans and 8k in medical bills, but 18 k in savings. If that puts my network at 2k… Not good. I didn't know if that's calculated correctly though

I'm 28 and I made 75k in 2025 so I guess I'm average I thought I was doing bad for my age lol

Average rent in Denver for a 1 bedroom apartment is 2,700 a month.. ….

9:50 we’re supposed to have 1x our salary put into retirement by 30? What?? A vast majority of people in their 20s now cannot afford to do that with jobs out of college. Whoever made that chart is seriously out of touch with cost of living and current salaries.

I’m genuinely thrilled I watched this!

My quant.

Thanks for the financial knowledge!

Haha bro that was Felicia Day!!! Do you know her or something??

Income is irrelevant, what you need to look for is income minus all really obligatory expenses.

If you got a job in Manhattan and earn 200k that is very different to earning 200k in utah.

8:20 omg so as a 16 year old I would always put items on hold at physical stores and friends called this out as highly obnoxious behavior 😂 years later saved me thousands in the long run and trained what I think is some measure of discipline/self control

This video just proves to me how out of touch with reality you are and how much of a position of privilege you speak from. In my town, 38,000 annually is actually STILL considered okay in today’s age. and when you were making that it was worth a lot more than it is today. A lot of these finance guys don’t know what real struggle is like and what truly fighting an uphill battle is.

Stop talking about being a millionaire "by the time I'm 67". What would you wanna do with all that money when you won't be able to travel, move or live wildly? You never mentione balance. Saving up is important, but not like this.

It's crazy with 40k as a perspective I with 21k Net have a saving rate of 60 %. With 4k I bring home around 3k so that would be then almost 75 % meanwhile net is the difference 2.sth and so I know my next strategy, pay off debt ASAP, pay off student loans with interest ASAP after 3 pay off student loan with 0% interest ASAP. So actual it's around 4 years to reach Black 0. My challenge is that to put it under 2 years without getting a side hustle because my regular job give good bonus every month and worked hrs I get free 2 month later so I have then free time to fill up these cup again. Debt I will negotiate if my saving is 1k to cut off debt in paying first so I hope I can negotiate sth between 30 – 60 % off but I est it will be around 40 % possible if you are good in negotiating. I'm crazy good after build up a 700 games collection in negotiating. Yes I could sell it but it's my emergency fund to get small credit in pawn shop if required and regular it prevent me from spending crazy amounts for games for next year's if not decades. Beside I build up 1k in cash by putting 10 % from every cash for month in a separate box so for me it can go on the next years

Best strategiea indeed 💯👍🏼

Great video. I'm looking to start investing in the stock market and other asset classes with $100k this quarter. Should I focus on index funds or individual stocks? Preferably want the route with the best return in investment. Thanks!

I tried the 24 hour thing but when I went back to the store all the pokemon cards were gone…

I’m 24, $81,000 salary, $44,300 in retirement.