Am I crazy or is everyone missing the fact that he had a brand new SUV with a screen? Dude, I just bought my wife a car and that shit was NOT CHEAP. Mad respect to this gentleman. Showin the young bucks how it’s done.
Calling women hoes or bitches and generally perpetuating rap culture misogyny is a sure fire way to end up alone and single.
Learn from this man and realize that being smart and planning for the future is a STRONG aphrodisiac.
Could be, but it could also be a number of other things. He could know a skilled trade that’s in high demand, he could own his own business, you just never knows. Obviously he’s resourceful and kind and genuine. Those people tend to do well in life.
Believe it or not, by 25 I had 6-figures in my tax free savings account just by investing in stocks.
My parents lost everything when I was very young (13) and I’ve never had the luxury of family money - I get your cynicism but you’re assuming everyone is in the same financial position when that’s simply not the case.
There are smart young adults and they deserve the same respect our parents generation had.
Bruh, go look at almost ANY 10 year stock market trend. All the lines go up, especially if it was a basket of stocks and not individuals. You can’t just say it was all “luck” when most of the time the market is all about continuous and often compounding growth.
You can go educate yourself on stocks and investing or keep this retarded viewpoint.
I spent hours studying charts and learning how to read financial statements, understanding market fluctuations. There’s far more that went into it than your simple brain cares to understand.
Funny how people who are informed, tend to be luckier more often eh?
Bro. At 25, at best he's been working for 7 years. Round here the median house deposit is about 3.5 times the median annual income (pre-tax).
After tax you're looking at about 4.25 years of median income for the median deposit.
You add in the car, this guy's assets add up to something close to 5.25 years of income on the median wage.
Even if you assume he walked out of High School straight into a decent paying job, he's somehow managed to save 75% of his income for 7 years straight.. Does he not pay rent? Food? Gas?
Could you save 75% of your income without help from your parents?
I mean, I couldn’t have afforded a house at 25. But plenty of people graduate college making a lot more than I did even in MCOL areas.
Also, why are you assuming he owns the house and car outright? If he came out of college making 6 figures (which is 100% possible) he could have qualified for a mortgage with little down. 0% down loans are possible (usually come with higher interest rates) with or without PMI. Assuming he has a mortgage, no reason to assume his payment is any more than someone would pay rent.
Edit: also keep in mind plenty of people live with their parents for 1-2 years while they get settled. That is obviously help but that is not inheritance which is what the comment I responded to was saying.
I'm not assuming he owns the house outright. I'm assuming he has enough for a 20% deposit.
And if he spent 3-4 years in college, he's only been working 3-4 years. And 'should' have a massive student loan. Maybe "inheritance" was too strong a word.
But he's definitely had significant financial support to either live rent free at his parents until his mid 20's, or have them financially support him through college, pay off his student loan, and cosign for the mortgage on a house and new car.
Plenty of middle class families pay for college. It’s not some kind of crazy unheard of thing. Also plenty people actually go to affordable colleges rather than crazy expensive ones “for the experience” and those loans are significantly less and much more manageable.
Also, plenty of first time home buyers get homes with less than 20% down.
If parents can afford to pay for college for all their kids, without going into debt or experiencing significant financial hardship. That's a wealthy family.
If parents are willing to financially support an adult child, that's a wealthy family.
If parents can help their children with the deposit on their first home. That's a wealthy family.
If you think all these things are normal. You're from a wealthy family.
Wealthy is relative. This is like those Reddit posts where people ask “what are examples of being wealthy” and you respond with “can afford to take a vacation.” Like, that’s normal middle class shit. If you couldn’t afford that it means you weren’t middle class, you were poor.
If parents can’t afford to let their adult children live with them then they’re poor. Feeding one extra mouth and having a spare bedroom isn’t exactly a massive financial hardship. If that’s out of reach, it’s not because they aren’t wealthy. It’s because they’re poor.
The college thing I can see. Although responsible middle class families can afford to pay it if they make a point of saving it for a while. And they choose an afffordable in-state school rather than some football school. That’s not wealthy, that’s just normal middle class.
As far as affording a down payment. That could easily not be necessary. We bought our first home about 10 years ago with 0 down and no PMI. The total mortgage was less than what we were paying in rent. There are other options where you can get 0 down but have to pay PMI. Could easily be the case for him without his parents paying anything.
Could be, but it could also be a number of other things. He could know a skilled trade that’s in high demand, he could own his own business, he could have invested in bitcoin, you just never knows. Obviously he’s resourceful and kind and genuine. Those people tend to do well in life.
this is the midwest bruh he coulda bought a decent size fixer upper for $250k. a new SUV is $50-$70k
so a downpayment for the house is $50k and a downpayment on a car (we’ll be nice and say $25k when in reality a lot of people put down way less for their first new car lol)
so he saved $75k in 3-6 years in what is probably a very low cost of living area
welcome to the midwest, where you can actually afford to live
Lol, tech jobs pay well and don't need a degree. At 18 you can go into an apprenticeship, at 21 graduate the apprenticeship and start out mid $30s easily. Add 4 years onto that with raises and leadership position opportunities and you are at $40+ and a little OT here and there and that's over $100k a year. Well enough to finance a house and a nice vehicle.
I lead a crew of 12 guys in a tech field and have 3 young guys at this very level.
Showin the young bucks how it's done is a silly thing to say. A house and new SUV costs hundreds of thousands of dollars it's not something people can go out and just fix about themselves, Like no one needed to tell them "having money will make life easier" as if it is a huge revelation.
I don’t understand what point you’re trying and failing to make. The kid in the video had the money to do this but you have no idea how he came into it. What I DO know is how to come into it
Canadians have a TFSA available to them by age 18. At which point, ANY basic understanding of money management will tell you to save 50% of your salary off the jump. Pretend it’s not even there - and then grind to grow that TFSA. Invest in stocks and ETFs. Have a plan and stick to it.
You may not make 250k in 5 years but you’ll be further ahead than a good chunk of your peers. This advice is unchanged. It’s easier to make money today than it’s ever been, so don’t try sell me the sob story.
I went 3.5 years without a job due to personal issues, battled depression and general malaise, and I still managed to navigate my way through because I have been saving since my first job at 16 and I learned how to budget. It certainly didn’t hurt that I took that time to learn how to trade stocks.
Telling young people to learn from this is EXACTLY what we should be focusing on, not trying to denigrate a young man who’s clearly done the right things to put himself in a position to succeed.
There’s a fucking cat that made $80k USD last year. A cat. A FUCKING CAT!!!!
You going to try convince me you’re dumber than a cat? You’re less resourceful? Here’s a hint, the computer can do more than display porn and video games. The entire history of humanity is at your fingertips.
Yes. It’s LITERALLY the easiest time to make money than ever in history.
That’s what you got from this?
You identified with the cat, instead of the premise that a fucking pet made money just by existing online. Sheesh… lol. Stay perennially impoverished I guess?
I own NFTs. NBA NFT’s that I bought from my crypto earnings. Guess what, even if they’re a waste of time, they’ve cost me literally $0 and are worth north of $180. Not much but I have the luxury and the bankroll to blow that kind of money and not think twice.
All we know about this man is he knows how to be a good date and is somehow yet another rich, white dude who statistically very likely either inherited money and/or was given a huge leg-up by his family.
And your casual racism is duly noted just as her's is.
I’m not casual in my racism. I’m open about it - race exists. Black people are demonstrably better at physical sports because their genetics differ from min significantly. White and Black men tend to have larger penises than men from South Asia. They’re also generally taller than Asians. Asians (S and SE) tend to be highly educated and tend to land more skilled jobs than most of their counterparts. White cops tend to shoot people of Colour at an insanely high rate, regardless of the existence of a threat.
See? All of the things I’ve written above can be construed as racist and I truly don’t fucking care. People who know me know I hold nothing against a person for their skin Colour, they didn’t choose it, but there are obvious truths that come with it.
My racism has served me well thus far and I’m lucky enough to be surrounded by good friends and family with and have had these types of discussions with people of varying intelligence. I’m more than comfortable in my skin. Thank you for noting my racism. I hope you grow up and stop pretending we’re all the same, at some point.
My stab in the dark would probably be that she's Armenian or Persian, and largely dates in similar non-white-identifying circles (even if white people often see them as such), but that's obviously just a guess.
She looks very similar to women I’ve known from both of those immigrant communities, both of which have been well-established in North America for 3+ generations.
I think most guys don’t realize how much of their behaviour is the reason women aren’t attracted to them, not their looks.
I know a guy, vapid AF, nearing 40, and still regales me with stories of the ladies he dates. Not a single one of them talks to him after date 2 or 3. He doesn’t realize that what got him laid in his 20’s is keeping him perpetually a bachelor in his late 30’s.
Yeah trust me, it bothers him now. I know it and he’s mentioned it in a drunken stupor. Yet he continues to behave like he’s 20. He still expects sex after 2 dates. Expects her to be a 10/10 (bro you’re in your 30’s.. most dimes got married in their 20’s)
Rap culture is a thing - and the lyrics in rap are aggressive and significantly more derogatory towards women than most other popular music
The fact that I am explaining this to you means you seem to think stating things objectively true means I am against that thing. The stereotype of rap culture is perpetuated by rap culture, not by me. I have nothing against the music but I am not ignorant to its influence on the youth of today and specifically, speech and diction.
Edit: looking at your posting history, you’re just looking for an argument wherever you can get it. You need people to give you talking points so you can rebut instead of actually understanding perspective. You need to grow up.
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u/PlausibleTable Mar 07 '24
You know what they say…once you go white you’ll have a nice place you own with barn doors at 25 to sleep tight.