We Make $227K A Year - And Budget $19K A Month

As a financial advisor this is so inspiring!

you know what..i went from working as a cashier at lil caesars to making 206k/year as a software engineer...never thought i'd would be in this position years ago when working at lil caesars putting the flour & water in the spinner to make the 100lb pizza dough..then cut them out into small pieces for sm, medium, and large pizzas...and the crazy breads too...education kids

Too much 'I don't know', 'see where life takes us', 'open to options', plus the parents' paying off the tution just makes the video sketchy.

She doesnt spend on a gym evidently..

No student loans for them. They are fortunate!

No kids, “dog parents” 😂

Man, she really blew up. Neil looks the same, but she gained 30 pounds. I’m sorry for your future divorce, Neil.

What these people don’t realize is that they can lose their job or get laid off at any time.

1500 a month on food for 2 people. Wow . Love to see that shopping list.

The biggest takeaways that make this couple successful, which few have, is studying really hard and smarts (thus earning some scholarships) but much more importantly is having wealthy parents. She went to 3 super expensive private schools: Northwestern, Boston U and Duke. That’s easily $400K in student loan debt for most people, yet she walked away with no debt. That’s the real miracle here. She’s fortunate to have wealthy parents.

Where did taxes go? Did taxes go towards savings and investments?? 😅

I found it odd to want a “post nup”.

Chicago looks grey, cold, and miserable.

What happened to the guy's hair ?

No way they have $885K saved (unless they hit some options gains) Their salaries aren't even that insane to be honest. I would love to see a real breakdown of assets.

Just wait till they have a kid.

Budgeting all of your income is dumb when you make good money, how they don't invest 10% monthly - they'd still have huge $17k budget, is so silly.

working "in tech" means they have a non technical job in a software company, like hr or some kind of business management, but want to sound cool.

I understand that these episodes tend to have a liberal undertone but man I’m impressed by the amount they have in investments

Am I missing something. If you make 227k. Your take home is actually around 13k depending on where you live. How they can budget for 19k?

She’s mistaken - they don’t say your housing costs should be 25 or 33 percent but it shouldn’t exceed that amount to not be house poor. She makes it sound like she’s super humble with her 3grandplus abode. Just saying.

No children planned and a post nuptial agreement is going to happen?

This country needs people like them to have children.

And what is rhe point of a post nuptial if they both have a good career, neither have significant financial resources and they intend to reach financial independence in 10ish years?

More than a bit of greed going on with this couple.

3500 for rent is crazy, they could buy a house for less than that in the South.

And $885K in savings? Naw I don’t buy it 😂😂

Just curious is that 227k after taxes ? Or before taxes ? (Gross) That would change a lot of things too

The math ain't mathing😂

Most Asian and Indian parents starve themselves to pay fir kids tutition and buy them house… no brainer here

Good for them ! If you have a partner that works that’s great

So they come from money? They went to exclusive colleges? Most likely have contacts from rich parents. One day we will wake up, but not anytime soon.

The title should say “budget 19K a month with wealthy parents” because there is no way they both have masters at an expensive school and dont have college debt and have over 800K net worth at the age of 30.

How much are your parents paying for your grad school studies?

That’s a great gift!!!

How romantic. She is already planning for the divorce. Modern women are a mess

He can do better

So,
- no debt (college was feee? Rich parents)
- no kids
- no cars etc
- insurance indicates under covered
- no taxes which indicates this is net take home so, more likely $375k a year between them

Yes, they should be able to save 2.5 over 15.

Their budget numbers are way off. No taxes are assumed. Even with 401k max their numbers don't add up.

Prenup lol!

She’s cheating on him lol

The stock market is already a wild ride, but now inflation adds another layer of crazy. One minute my portfolio is soaring,the next it's dropping like a rock. Makes it tough to plan for the future when the ground keeps shifting under my feet.

starting @ 0 with $7k/month (their states monthly investment amount) @ 7% compounded annually for 8 years = approx 860K. They probably started investing right out of college.

FREE Neil!! 😂

Who else is here from Outlier training?

why she keeps hiding her stomach?

A bachelor and a master within three years. That’s not even possible in my country. It takes a minimum of five years for what he did. it seems the US system is a joke and the master does not mean anything -if you can get a master within a year by working 100% -says all -the day is only 24 hours.

Good on them. Once again, immigrants/people who come from immigrants out working americans

This math doesn’t add up. My wife and I have a little bit more HHI and could never get by spending over $11k each month (I subtracted out the savings/investments). They’re essentially spending their entire Take Home pay each month so how is their net worth over $880k? It just doesn’t add up. Also, you’re in Chicago with no car your transportation is not $80…

Recently, I've been pondering retirement, unsure if my 401(k) and IRA will provide a stable future. I've also put $800K into the stock market, encountering fluctuations with limited gains. i need an approach that will align with my risk tolerance and financial goals

I sold an apartment in Rochester and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?

She has put on a lot of weight compared to when she was younger…

$1,300 a month on phone?

It says he is currently pursuing his MBA which his parents are paying for... that's the real miracle. Rich parents. Both have multiple degrees with no debt. And even with almost $1mil net worth, he's getting his parents to pay for his MBA.z