Humphrey Yang

The difference between 14 karat, 18 karat and 22 karat gold. Explained! Follow for more :)

How much money do you keep in your checking account? Here’s the way I like to think about it: 1️⃣ Add up all your monthly bills - rent, utilities, car payments, etc. Remember that number. 2️⃣ Ballpark/estimate how much you spend for discretionary expenses on a monthly basis, this includes purchases like eating out, coffee, shopping, entertainment. 3️⃣ Add those numbers from #1 and #2 together. Let’s pretend that number is $3000. 4️⃣ Add a 10-20% buffer. So keep $3000 + $300 = $3300, or $3000 + $600 = $3600 in your checking account. Humphrey

Two friends buy Tesla at the same time. But one sells it a month earlier 🤯 #tesla

Lottery Payments: Lump Sum vs Payments. Which one are you choosing?

When the stock market is at all time highs, don’t be discouraged investing. 1️⃣ If you missed just 10 of the best days in the market in the past 30 YEARS, you could erase your gains by 54%. 2️⃣ Missing 20 days will cost you 73% of your total gains, and missing 30 days will result in 83% less. This means that the old adage, time in the market beats timing the market - is undecidedly true. So… when are the best days? When do they happen? They actually happen when the market is down! 50% of the time they happen when investor confidence is low and the market is trading down 20% from all time highs. I hope this encourages you to stay invested. Humphrey

3 Financial Milestones If You’re Making around $75,000 Per Year! Lmk your thoughts below

Casino Secrets: Psychological Tactics they use to get you to gamble more and gamble longer.

How I Would Invest $1,000: Day 1. Follow for the series!

My Coca Cola Dividend! Do you guys think it’s worth it?

What’s something you’ve bought that’s been totally worth it? Let me know in comments!

I wonder how much money this video will make 🤔

Stitch with @kellieturner_ Making videos can change your life, but you’ll still have to work 😅 Here are some of my top tips to being a creator:

1. Choose a niche that you have some expertise in or that you like to talk about. Then create content around pillars of content. For every 5 videos, perhaps you make 1 How To Video, 1 Tutorial, 1 Vlog, 1 Day in Your Life, 1 Review video - then see which format performs the best and double down on what works. 2. Stay consistent. Honestly the only reason I’m still here is because I still post… if you can stay consistent you can ride out the waves of volatility that is social media. 3. Don’t care about what others think. It’s going to be cringe in the beginning but who cares? We’re all gonna die anyway 4. If you don’t enjoy it — quit. You must be able to enjoy the process. Don’t be results oriented 5. The “algorithm” doesn’t hate you. The algorithm is just PEOPLE, and all the platforms care about is watch time. Focus on making videos with engaging hooks (first 3-5 seconds). Humphrey

Chase Sapphire Reserve’s New $795 Annual Fee: is it worth it? What I’m doing. What are your thoughts?? Lmk below ⬇️

The Roth IRA is one of the best accounts to become a millionaire. Here’s what I think:
 1️⃣ Make sure your high interest debt is taken care of, otherwise it makes more financial sense to just pay that off first since its rare that you will make more investing in terms of a return % 2️⃣ The Roth IRA has income limits. If you make more than $150k individually or $236k filing jointly, you may not be able to contribute the full amount. If you make more than that, you can do whats called a Backdoor Roth IRA - which I can make a different video for. 3️⃣ It is one of the best accounts since all your profits grow tax free. 4️⃣ You can open one up at any brokerage, and it honestly might just take 5 minutes to set up. It’s so worth it though. Let me know if you have questions! Humphrey

3 Financial Milestones for those Making $100K / Year!

Taxes on Stocks: Day 2 of 30. Let me know what other topics you want covered in this 30 day series!

These 4 moves built me 80% of my wealth: 💰 #1: PAY YOURSELF FIRST. When my paycheck hits, money immediately goes to investments before I can spend it. Setting aside even $200-300 per paycheck consistently is how wealth actually happens. ⏳ #2: START INVESTING EARLY. As Charlie Munger wisely said, “The big money isn’t in buying or selling, but in waiting.” Compounding needs TIME - the longer your money works, the harder it works for you. 📊 #3: TRACK YOUR NET WORTH MONTHLY. Just like weighing yourself during a fitness journey, I write down all account balances minus debts every month. This mindfulness keeps me focused on progress and growth. 💼 #4: INCREASE YOUR INCOME. While you can build wealth on any salary, earning more while keeping expenses low is the ultimate wealth accelerator. Which of these are you already doing? Drop a 💬 below!

3 Things I Would Never Do With My Money... Do you agree? 1️⃣ I would never lend it to friends/family: this can get messy, awkward, and strain your relationships. Instead, I like to just offer a small % of what they’re asking for and take the L. So if your friend is asking for $500? Offer them $50 and call it a day. Yes, it still sucks to part ways with your money, but at least you are helping your friend in need. They may not love it, but it’s better than completely shutting them out IMO. 2️⃣ Saving money in a big bank. These big banks never pay any interest on their savings or checking accounts. Just move funds you dont need to touch immediately to a high yield account. 3️⃣ I would never spend it on something that depreciates rapidly without adding real value to my life. I'm talking about things like expensive cars that lose 20% of their value the moment you drive them off the lot, designer items bought just for status, or the latest gadgets that'll be outdated in six months. Before making any major purchase, I always ask myself: Will this genuinely improve my life or help me earn more money? Humphrey

3 Financial Milestones When You’re Making Around $40,000 Per Year

4 Money Habits Keeping You Poor