This 27-year-old making $80,000 wants to triple his income in a year—here's how he spends his money

  • 📰 CNBC
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

This 27-year-old making $80,000 wants to triple his income in a year. Here's how he spends his money. (via CNBCMakeIt)

series, which profiles people across the U.S. and details how they earn, spend and give away their money.

His long-term goal is to work on Throwlights full-time, but he's less concerned about the company's profits right now. "I'm really focused on excelling in my sales career and in growing as an artist in gloving," he says. Zhao still pays the full $1,710, but he and his girlfriend rent out her apartment on Airbnb and split the profits, which ends up being about $2,000 a month, or $1,000 each. He also brings in an extra $200 a month by renting out his parking space.

"I recently got into eating truffles — the mushroom kind of truffles — so I will buy those on Amazon," he adds. He also pitches in about $50 a month for gas for his girlfriend's car, which they use for weekend trips or any longer distances that they can't cover on an electric scooter.Zhao is on an unlimited-data family plan and pays his mom $100 a month. He's able to expense half of that through work, which cuts his phone bill to $50.Zhao has four credit cards.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt

MakeIt M O R O N 🤦🤦🤦🤦

MakeIt Hey how are you guys welcome to

MakeIt in the 1988 European crash it was also three things, the same three things. in 2008 crash, it was the same three things. bush eliminated our fdic laws and most banks didn't honor it in savings, 401k, roth ira, and money market savings, money market checking,

MakeIt in the history of the world, the 1929 u.s. stock market crash was from mainly three things, lack of funds require to be kept at a bank, lack of laws to protect money deposited, and social fascist rules of who got money and who didn't.

MakeIt Tell Andrew, the companies to invest in understand capitalism, and understand social fascism, and communism but choose capitalism for business. The companies to invest in don't put money on the executive side, but rather believe in the employees as the key to economics.

MakeIt He is a salesperson making 67k per year and his goal is to be a billionaire. LOL, maybe readjust your expectations.....

MakeIt Nothing in the budget for student loan payments or 401k at least up to matching amount?

MakeIt Cringe

MakeIt And spends nothing for charity?

MakeIt

MakeIt Living paycheck to paycheck.

MakeIt Subscribe to this channel bruv Ozzy_Beard Alex_Iyambo HafeniFestus01.

MakeIt Funny how he said he wanted to return $20,000 to his dad then immediately bought $14,000 bike for himself 😆

MakeIt When you immediately drink what you create, the future is without a future!

MakeIt 80k is not alot three times is not even alot so this video assumes low dreams of life goals

MakeIt Your life sounds sad!

MakeIt Actually DO SOMETHING to save the planet and save $2000 a year on gas with this e-bike!

MakeIt THAT'S IT ! NO MORE !! EVERYONE boycott CNBC. Their bullshit nonsense to real business news tweet ratio has reached 10 : 1 Enough ! Boycott !! Blocked !!!

MakeIt It’s getting harder to have financial freedom for the younger generations. On the income side, AI is taking jobs. One the saving and investment side, years of low interest rate and liquidity easing had led to inflation among nearly all asset classes.

MakeIt ,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This 28-year-old short seller's hedge fund made a 24% return last year. Now she's eyeing the ballooning US debt pile.In an interview, Fahmi Quadir said her winning trades come from focusing on shorting companies with 'predatory business models.' 👏👏👏👏 Fahmi Qadir; A 28-year-old hedge fund short-seller who famously took on Bill Ackman says it's a 'sad day for the markets' as one of her short bets soars (WCAGY)
Source: BusinessInsider - 🏆 729. / 51 Read more »

It's been 100 years since we've seen anybody like Elon Musk — here's why that's so disorientingThe Tesla CEO is more like an old-school automotive entrepreneur than a modern-day business manager. Because he’s a flog, and they are very rare
Source: BusinessInsider - 🏆 729. / 51 Read more »