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Paycheck to Paycheck on a Six Figure Salary




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Title :  Paycheck to Paycheck on a Six Figure Salary
Lasting :   7.51
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Views :   1,6 jt


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Description Paycheck to Paycheck on a Six Figure Salary



Comments Paycheck to Paycheck on a Six Figure Salary



Sean J
$100-$220 per month thanks bro the things our grandparents worked and wanted for us are being eaten away by the inflationary system stop stealing from the public CB is a thief One day boy one day
Comment from : Sean J


Mark Day
Quit paying over a thousand dollar car note
Comment from : Mark Day


douglas laschkewitsch
Thats why you live paycheck to paycheck You said it in the first few sentences- you dont like to manage/look at your finances
Comment from : douglas laschkewitsch


ewnyMetroExpress
Baby sitter??????
Comment from : ewnyMetroExpress


TomTomTV
Im sure the professor playing basketball makes more than a million dollars with all the YouTube and fans
Comment from : TomTomTV


Ge Reinhart
This is why people start prop firms If you have absolutely no dignity or integrity like Forex trading you will never worry about money only a RICO charge😂
Comment from : Ge Reinhart


Rich C
You could tweak a lot of stuff to eliminate some of that debt However I think your math is off on what you make per year $9,923 per month equals $119,076 not 129,000 per year 😅
Comment from : Rich C


C P
You can do it 🎉
Comment from : C P


Anthony
i dont eat out anymore and i spend 150 on groceries for 2 weeks
Comment from : Anthony


Steve Py
IMO the biggest sink on the typical person's finances is cars If you're going to change cars every 3-5 years, buy a 3 year old car, otherwise pick something that you're happy to keep at least 10 years Your first car should be the only car you ever finance, ideally not even that
Comment from : Steve Py


Gumer Zambrano
I don't feel sympathy if you cannot manage your finances when making over 100k
Comment from : Gumer Zambrano


alex smith
Many older folks don’t realize that $100k/year today does not keep up with inflation brbrGoing forward, I think there will be more people doing side hustles and/or creating their own business (as a craftsman) in order to “go with the flow” of high prices
Comment from : alex smith


Alex Cormier
Your wife maybe brings a little bit of income too but I get why you didint put that in the video Thx for your transparency though, I feel like we are all more or less in a similar situation As a first time home owner the cost of life increasing things are looking grim for the future
Comment from : Alex Cormier


esjihn
Make about the same My doordash expense is about the same as your eating out expense
Comment from : esjihn


Артем Добро
Oh! Thanks for the video
Comment from : Артем Добро


Law Office Of TJS
Love your honesty
Comment from : Law Office Of TJS


JustMe
Your math is off right from the start (if you're trying to do monthly) You're using 2 pay periods, but you're on a every two weeks schedule You get paid 26x per year You gross $10833 per month brbrWe're living paycheck to paycheck because we spend crazy money on things our parents never didbrbra 401k, a home, 2 paid off cars is by no means poor You're doing very well in the grand scheme of things
Comment from : JustMe


Pet Patrol
Let’s be real he just doesn’t know how to manage his money and give me a break
Comment from : Pet Patrol


Bao Hoang
Thanks for the transparency, Jake It got you this new sub Keep sharing info and increase people's self awareness and keep the conversation open
Comment from : Bao Hoang


Free Mason
I've made minimum wage at a hard labor construction job since i started working and i'm far from rich, but i own 3 small apartments, no family, 46yo, old shitty car and i never do nothin (travel, dine out, drinking) But I dont care, its all in ur mind anyway, and ive got waht i need and want
Comment from : Free Mason


gdgood1000
Your spending is out of control
Comment from : gdgood1000


metaldemonseanknels
Bro almost $800 on eating out? I probably spend like maybe 50 a month on eating out lol (except when I travel work but that’s technically per diem)
Comment from : metaldemonseanknels


J Hustle908
This is completely ridiculous how many ppl here make that much money and im here struggling on 48 k between 2 jobs complete BS
Comment from : J Hustle908


nedbog
24 of americans make at least 6 figure salaries? Seems high
Comment from : nedbog


Sunil Menon
you are investing in a house and putting money into your 401k this is not living paycheck to paycheck
Comment from : Sunil Menon


XxRigBarxX
I make 47k my wife makes 42k and our overall expenses is 3400-3600 a month We both save about 1500 a month and we are happy with what we have
Comment from : XxRigBarxX


Northwest Mariner
This isn't living paycheck to paycheck, this is spending irresponsibly the money you have lol
Comment from : Northwest Mariner


Maggie
The fact that you managed to take time off to look at this spreadsheet is 70 of the journey done, well done sir!
Comment from : Maggie


Dang Nguyen
I think you make 420 dollars a month on youtube 🤔 🌬!!
Comment from : Dang Nguyen


Jakob Rose
spending $730 a month on eating out means you're definitely not living paycheck to paycheck what
Comment from : Jakob Rose


marko barbaric
Im my culture eating out is not that popular, only for special ocasions like birthdays or anniversaries you get to eat in a restaurant and I think its bettet thay way and makes you apreciate it more Also fast food is not that big or popular may order pizza or some bbq like twice a month but thats it
Comment from : marko barbaric


Chantz Petrie
I think you make roughly $971 in ad revenue per month
Comment from : Chantz Petrie


Bryan Heart
I wish i made 130k I could survive just fine on that if I'm doing it on 55k Not to invalidate your experience but lets be real you have more breathing room than me and I live in Miami so Add to that my student loans for the degree I was sold a LIE on and I'm doomed when I have to start paying back The distribution of wealth in this country is so bad that there are days I don't even want to be alive
Comment from : Bryan Heart


Ivan Gracia
eating out is always 100 per week
Comment from : Ivan Gracia


Idis Brioso
We are seven at home, my husband and I work, we used to be able to pay all bills and have some left to eat out once a week or for an emergency We saw a drastic difference within a year, A YEAR!! We have no savings anymore, credit cards are maxed (groceries) we have had nothing left every single pay period, we have had to lower our food bill, not go out, save gas as we can, and it's still not enough We are paying the same bills, life is just costier We go on the negative all the time We sat down and looked at all debt and we need and extra $1,200 just to go by and pay regular bills Our expenses, after CUTTING, went up $1,200 Mind blowing and ridiculous
Comment from : Idis Brioso


Bryan Vahey
I did the same thing with skillshare They're really shitty
Comment from : Bryan Vahey


Mercury  Fillings
Weak
Comment from : Mercury Fillings


RustyBotStudios
You live in a huge house near the mountains
Comment from : RustyBotStudios


RustyBotStudios
Jesus man I don’t even spend that much eating out in a year It’s just me but still And how the hell are your health insurance payments so damn cheap?
Comment from : RustyBotStudios


DONUT
Jesus christ you ARE a family of four NINE HUNDRED A MONTH FOR GROCERIES? I'm usually under a hundred dollars for just myself Eating out I am still super cautious, probably 40 bucks a month if that
Comment from : DONUT


Simon Bastin
100k in 2020 is 65k in 2023
Comment from : Simon Bastin


The Xilaman
Bro I'm subscribing just because of this video What a sincere video, thank you so much for sharing
Comment from : The Xilaman


Cinta Musik Official
awesome❤
Comment from : Cinta Musik Official


Tess G
Thanks for sharing! Great video!
Comment from : Tess G


MrMini-Moto
Bro needs to jump on the Dave Ramsey show lol
Comment from : MrMini-Moto


Nicholas Novak
I love how everyone comes to these videos and just talks about themselves
Comment from : Nicholas Novak


ummmjustsayin
$400 salary a month, single, no kids, no health insurance, doesn't own a car nor any luxury items 😂
Comment from : ummmjustsayin


Alexander 🎮 gilbster
thanks for making this video its pretty interesting and now I want to see how much I'm spending in little areas I'm guessing you get around $420 a month from YouTube
Comment from : Alexander 🎮 gilbster


Michael Rogers
you let that dog put its mouth on yours
Comment from : Michael Rogers


Manuel Lugo
why not give money back to followers if guess right? or if comment etc, will help you more too lol buti,m guesssing like maybe $5 to $10 k a month lmk bro lol ty
Comment from : Manuel Lugo


Manuel Lugo
probably too miuch eating out lol less income too lol cool video inspiring and vulnerably honest lovee it ty
Comment from : Manuel Lugo


PyR Apollo
130,000 a year is insane
Comment from : PyR Apollo


Dylan Hughes
What's going on here? I make 115k a year and take home 8,400 per month (this is after tax) but you make 130k and take home 6599+ Holy jeez that is a big difference Are you married? Sounds like you are both filing unmarried and get slammed with state income tax
Comment from : Dylan Hughes


eojj14
When you are in debt but spending $800 going out to eat 🤣 Typical Americans "trying" to get out of debt
Comment from : eojj14


Darth Sidious
Yo jake how can i get your job I want to make 130 thousand dollars
Comment from : Darth Sidious


John Harris
Here's my guest that you make $3,000 a month on Youtube
Comment from : John Harris


Caesar
I only make 2k a month, my rent is 19k
Comment from : Caesar


gb hinton
I clicked expecting something totally different You are not living paycheck to paycheck You have over $1500/mo with just the extras brA person living paycheck/paycheck couldn't go out to eat buy clothes, pay for a sitter or go buy things at disneyworld We should all have your problems THIS IS AN EMBARASSMENT AND A INSULT TO PEOPLE WHO ARE ACTUALLY TRYING TO SURVIVE brCancel br brComment br@crazycatlady312 br@crazycatlady312 br6 months ago
Comment from : gb hinton


Vanessa B
Get a roommate No? Oh okay, well
Comment from : Vanessa B


pedrohenrihc
Hi Jake, nice video I can relate to you a lot I also live in Utah, more precisely in Provo and work a remote job I’m also a engineer and I have similar life style and expenses I would love to watch a video on doing freelance and contract work for extra income, something that I couldn’t figure out yet Maybe you can make a video on how you advertise your freelance gig, how you get costumers, how much you charge and how you manage taxes and business expenses, etc Thank you so much for your content
Comment from : pedrohenrihc


Daniela Maria
very interesting, thank you for sharing!
Comment from : Daniela Maria


Go Girl
I'm in the same boat - make over 100k but not much to show for it in the end We tend to eat out way too much too but I work 50 -60 hours a week so sometimes I'm just too tired to cook If I got home at 5:30 instead of 7 pm I'd probably cook more so a never ending cycle Just goes to show you that in today's world the key to making money is MULTIPLE SOURCES OF INCOME
Comment from : Go Girl


M Patel
We spend about 160 max maybe a month eating out for a family of 3 BUT thats mostly lunch at work and an occasional diner or soand I'm being generous at 160
Comment from : M Patel


Nicholas Mettler
I'm sorry but clothing caught me off guard I think I spend that much on clothing yearly if that Eating out is meh just find stuff you enjoy making Instead of cutting back might be worth figuring out how to increase your income
Comment from : Nicholas Mettler


Nhit C
Tax + morgage/rent are the number 1 reason most people live paycheck to paycheck even if they live below their means
Comment from : Nhit C


Jake McKeown
Cut down on your revolving debt and you won’t believe how much more money you will be saving and haven’t changed anything
Comment from : Jake McKeown


Lee LI
First off thank you for your transparency Sir I want to say making considerably less than you as a single, not even making 2600 a month , I struggle considerably Like paid on Friday broke on Friday Gas , rent ( roommate) Food the basics I am now changing my mindset into becoming an entrepreneur and betting on myself because no one is going to give you what you are worth I have often thought of if having a child would be a far away fantasy or being a homeowner was an impossible feat I just don't see how we can all be this way in a first world country what the hell
Comment from : Lee LI


reme
Stop buying everything luxury
Comment from : reme


ABE K
Sum it up: Inflation is a bitch!
Comment from : ABE K


Alonzo Dassinger
bro, you're such a Joker 130,000 a year, and you're struggling?!?! You're horrible at budgeting and lose the dog guarantee a couple of your wants are viewed as needs cut the s*** bro ham, cause it's weighing down
Comment from : Alonzo Dassinger


Mega_Ferret
Fuck capitalism, eat the rich To watch your money just vanish so fast Is depressing The rich 0001 percent are killing our economies, so we should just eat them all and fix this shit Billionaires aren't people, their just creatures of greed
Comment from : Mega_Ferret


Charles Russell
Easy living out side there means trying to keep up with the Joneses buying crap you don't really need eating out at expensive restaurants bad use of credit cards lot's of ways one lies to ones self about how were to spend/save money
Comment from : Charles Russell


KirbyyyDances
There’s people in California and other big cities making it on 30k a year They don’t qualify for health care aid or food aid Watching videos like this it comes off like people who make 100k just don’t understand how to budget in their means
Comment from : KirbyyyDances


Mussolini
Dude I spend between 900-1k eating out We always say we will limit the eating out but it’s hard Lol
Comment from : Mussolini


Samuel Kunz
I'm in the same boat as you There is no chance that this can maintain itself Either the average american salary goes up to supplement the abhorrent increase in prices (from the grocery store to household items to anything inbetween) or the economy just says "YOLO" and even the moderate wage earners go into massive debt leaving only the incredibly well off to sustain bill paymentsI get where credit card companies offer 25 apr which should be disgustingly illegal but it's to recoup on delinquent payments; however, that doesn't help the people trying to get out of the hole, it makes the hole deeper trying to solve other peoples problems not paying the bills Not sure what the next steps will be, but it might take a miracle to save the new middle class Best of luck
Comment from : Samuel Kunz


610 Moto
It wasn't this bad under Trump Just sayin! Careful who you vote for!
Comment from : 610 Moto


Colin Schenck
I love how absolutely stupid people are with money I make $20 an hour and live more than comfortably because I'm not an idiot Not hard to live a very simple, cheap life while being happy
Comment from : Colin Schenck


Ju Lie
Because you have 2 popular videos (16 M views) you probably get around 600$/month from YouTube Tell us! :)
Comment from : Ju Lie


Jason Hooker-Pomare
The minute you said wife, two kids, dog ,two cars and house I immedietly understood 6 figures is not enought to sustain that or its like right there
Comment from : Jason Hooker-Pomare


Empty
I make 6 figures Thankfully, my grandfather was cool enough to let me buy one of his houses off of him for 15k Only bills i have are power, internet and car insurance which all adds up to be less than $500 a month
Comment from : Empty


LoLo
And as Graham Stephan's video showed, paycheck to paycheck means you have nothing to save Bro you are loading your retirement accounts and spending mad money you don't need to spend Out of touch You are NOT check to check
Comment from : LoLo


LoLo
This video is a bunch of excuses I'm doing fine and I make $70k and live on my own with my own mortgage I just bought a boat By myself No paycheck to paycheck You waste an unbelievable amount of money
Comment from : LoLo


Reverence
Just shut up if you don't live in or around a big city 35,000-40,000 a year is average unless a doctor or lawyer or something Those ones actually hurting that is most of us Tell us your hurting when you have to choose between food or rent like most of us looking at
Comment from : Reverence


Tennika Samuels
I have a similar income but in Canadian dollars and it’s not cutting it either!! It’s terrible The only thing that’s different is where you eat out I spend that on a very large car payment So if you had a car payment the eating out wouldn’t be high Thank you for being vulnerable 🙌🏾
Comment from : Tennika Samuels


Taylor Anderson
Stellar video! I lived in Orem/Provo for a couple of years It was fun to see all these places that I know haha Mama Chus!!
Comment from : Taylor Anderson


Beanzo79
living above your means is no ones fault but your own
Comment from : Beanzo79


Ignacio Godoy
So, you spend 10 grand a month
Comment from : Ignacio Godoy


R L
spending almost 2,000$ on food a month you guys should be embarrassed
Comment from : R L


R L
Honestly your family should be embarrassed
Comment from : R L


Andy Sok
as your income increase, your lifestyle will follows It's the lifestyle creep or the lifestyle inflation It's about the habit trust me I'm one of them If you don't change the habit, doesn't matter how much you're making, you're still fall to the same old paycheck to paycheck - you just live more lavishly
Comment from : Andy Sok


G Willi
360 dollars revenue stream per month If I get it correct, instead of the month revenue, I would elect that you pay taxes on it and divide into 2 and put to your kids educational funds
Comment from : G Willi


G Willi
A difficult part to talk about is generational differences Just because one grew up going to Disneyland, does not mean that now one can afford to take the kids to Disneyland just as your parents have done I am lucky as a Gen X, if I had done nothing different but been born 10 years later, I would not have had the same economic opportunities, which have grappled the millennials My home would have been unaffordable, my student loans would have been much higher It is part of the great valuation bubble, ZIRP, and generational burden that the Boomers would rather pass to the younger generations for their entitlements
Comment from : G Willi



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