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Why Young People Are Poorer Than Ever | Humphrey Yang

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Manage episode 403603315 series 1520619
Content provided by Eric Siu. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Siu or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Humphrey Yang discusses the financial challenges faced by younger generations and offers insights on building wealth. He highlights the significance of saving and investing, recommending a focus on index funds. He explains the compounding effect of wealth and the benefits of reaching $100K net worth.

Watch the full interview here: https://youtu.be/V4iPHetTgaI

Don’t forget to help us grow by subscribing and liking on YouTube!

TIME-STAMPED SHOW NOTES:

  • (00:00) Introduction to Humphrey Yang
  • (03:04) Opportunities for making more money
  • (04:56) The benefits of job hopping
  • (06:47) Personal experiences with job changes
  • (09:36) Building wealth through saving and investing
  • (13:16) How to become rich
  • (19:19) Strategies to reach $100K net worth
  • (21:13) The importance of owning assets
  • (23:40) Asset allocation and real estate
  • (25:30) Diversification and portfolio concentration
  • (28:18) The role of financial advisors
  • (30:37) The number one wealth killer: new cars
  • (31:59) Money-saving hacks
  • (34:21) The influence of mindset on money
  • (35:44) Taking risks and privilege
  • (37:39) The benefits of living at home
  • (38:38) The power of saving and investing
  • (39:35) Evaluating the macro economy
  • (41:25) The challenges of the middle class
  • (43:12) The influence of gaming on life and business
  • (45:32) The role of YouTube in financial education
  • (49:45) The breakout of the YouTube channel
  • (57:27) The challenges of YouTube and momentum
  • (1:00:07) The business expansion and diversification
  • (1:04:06) Growing a newsletter
  • (1:05:01) Monetizing YouTube
  • (1:05:57) Crypto experiences
  • (1:08:15) Blind spots and risks
  • (1:10:24) Personal finance YouTube community
  • (1:11:47) Starting a business with minimal risk
  • (1:13:10) Podcasting and content distribution
  • (1:16:40) Charging for brand deals
  • (1:17:37) Controversial takes on personal finance

  • What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below.
  • Did you enjoy this episode? If so, please leave a short review here
  • Subscribe to Leveling Up on iTunes
  • Get the non-iTunes RSS Feed

Connect with Eric Siu:

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1066 episodes

Artwork
iconShare
 
Manage episode 403603315 series 1520619
Content provided by Eric Siu. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eric Siu or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Humphrey Yang discusses the financial challenges faced by younger generations and offers insights on building wealth. He highlights the significance of saving and investing, recommending a focus on index funds. He explains the compounding effect of wealth and the benefits of reaching $100K net worth.

Watch the full interview here: https://youtu.be/V4iPHetTgaI

Don’t forget to help us grow by subscribing and liking on YouTube!

TIME-STAMPED SHOW NOTES:

  • (00:00) Introduction to Humphrey Yang
  • (03:04) Opportunities for making more money
  • (04:56) The benefits of job hopping
  • (06:47) Personal experiences with job changes
  • (09:36) Building wealth through saving and investing
  • (13:16) How to become rich
  • (19:19) Strategies to reach $100K net worth
  • (21:13) The importance of owning assets
  • (23:40) Asset allocation and real estate
  • (25:30) Diversification and portfolio concentration
  • (28:18) The role of financial advisors
  • (30:37) The number one wealth killer: new cars
  • (31:59) Money-saving hacks
  • (34:21) The influence of mindset on money
  • (35:44) Taking risks and privilege
  • (37:39) The benefits of living at home
  • (38:38) The power of saving and investing
  • (39:35) Evaluating the macro economy
  • (41:25) The challenges of the middle class
  • (43:12) The influence of gaming on life and business
  • (45:32) The role of YouTube in financial education
  • (49:45) The breakout of the YouTube channel
  • (57:27) The challenges of YouTube and momentum
  • (1:00:07) The business expansion and diversification
  • (1:04:06) Growing a newsletter
  • (1:05:01) Monetizing YouTube
  • (1:05:57) Crypto experiences
  • (1:08:15) Blind spots and risks
  • (1:10:24) Personal finance YouTube community
  • (1:11:47) Starting a business with minimal risk
  • (1:13:10) Podcasting and content distribution
  • (1:16:40) Charging for brand deals
  • (1:17:37) Controversial takes on personal finance

  • What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below.
  • Did you enjoy this episode? If so, please leave a short review here
  • Subscribe to Leveling Up on iTunes
  • Get the non-iTunes RSS Feed

Connect with Eric Siu:

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1066 episodes

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