Living On $210K A Year In NYC | Millennial Money

  • Publicerades den 3 månader sedan

    CNBC Make It.CNBC Make It.

    Varaktighet: 08:15

    Bukola Ayodele, 25, earns $210,000 a year as a software engineer in New York City. That income includes her base salary, bonus and equity. She doesn’t touch the equity and lives off of her base salary and bonus. Now, she wants to inspire more women, and especially black women, to join her in tech. Ayodele attributes that low percentage, partly, to being unaware of the opportunities available. To help fill the gap, she started a SEmemory channel called The Come Up to provide black women and other women of color with the resources and advice she wished existed when she first considered pursuing a career in tech.
    This is the latest installment of Millennial Money, which profiles people across the U.S. and details how they earn and spend their money.
    Read more about Bukola's budget breakdown here: cnb.cx/33ckNql
    She attended Columbia University where she studied political science. She graduated in 2016 with $7,000 in student loan debt, thanks to combination of needs-based financial aid and holding a job throughout college, as well as financial support from her grandmother and her parents, who also took out some loans. She paid off her loans by the beginning of 2018.
    Growing up, “we had a saying that you could either be a doctor or a lawyer or a disgrace,” she says, and after college, she expected to go into law. But it didn’t take her long to realize she wasn’t passionate about the work.
    Computer science, though, had appealed to her since she took an introductory course in undergrad. After researching careers online, Ayodele quit her job in compliance in 2017 to attend a three-month engineering retreat at the New York City-based RECURSE Center to refresh her programming skills.
    Leaving behind a steady job is never an easy call, especially when you’re living paycheck to paycheck, like Ayodele was. While the retreat itself was free, she saved around $6,000 in the months before she quit her job. Making that career change is what inspired her to start taking her finances more seriously: She watched SEmemory videos, listened to podcasts and cut her expenses down as far as she could to save up.
    Ayodele is a fan of the FIRE - financial independence, retire early - movement, and one of her goals is to earn enough off of her investments that all of her monthly costs are covered.
    To that end, she contributes $1,583 each month to max out her 401(k) contributions for the year (those were her contributions in 2019 when this story was reported; the 2020 individual contribution limit increased slightly from $19,000 to $19,500), and invests an additional $4,000 a month in a Vanguard brokerage account. She also contributes around $42 a month to a health savings account.
    » Subscribe to CNBC Make It.: cnb.cx/2kxl2rf
    About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
    Connect with CNBC Make It. Online
    Get the latest updates: www.cnbc.com/make-it
    Find CNBC Make It. on Facebook: cnb.cx/LikeCNBCMakeIt
    Find CNBC Make It. on Twitter: cnb.cx/FollowCNBCMakeIt
    Find CNBC Make It. on Instagram: bit.ly/InstagramCNBCMakeIt
    #CNBC
    #CNBCMakeIt
    #MillennialMoney
    Living On $210K A Year In Brooklyn | Millennial Money

CNBC Make It.
CNBC Make It.

What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. We are especially interested in hearing from first-time homebuyers in Atlanta, Denver and Toronto. https://cnb.cx/32TYZ2K

3 månader sedan
Tarnveer Singh
Tarnveer Singh

What did she learned in 3 months.? And got a job that pays $200,000.? In 3 months she what language did she learnt.? Can anyone explain this

24 dagar sedan
Teresa Rice
Teresa Rice

With the pandemic going on do you still want to buy an apartment in NYC?

Månad sedan
ethan grant
ethan grant

CNBC Make It. K

2 månader sedan
Daisy
Daisy

What’s her. Channel you didn’t link it

2 månader sedan
And I 00P
And I 00P

girlsdrinkfeck okay we get it. You have no ambitions in life and you’re envious of other people’s success. Move on.

2 månader sedan
Dia Kirkwood
Dia Kirkwood

Slay it girl!! 🔥

2 timmar sedan
Cindy SG
Cindy SG

Good for her!

9 timmar sedan
Caroline Dutton
Caroline Dutton

Wow I’m interested to know how much of that 210k is from youtube vs her job

16 timmar sedan
Redsea
Redsea

$300 food?

22 timmar sedan
Priyanka Govender
Priyanka Govender

What's with the south african ten rand note

22 timmar sedan
Jacob Reynolds
Jacob Reynolds

Before the video had started I assumed she made her money modeling, but her actual occupation is even more impressive!

Dag sedan
Janelle Burt
Janelle Burt

She could probably get a side hustle as a model. Her career, business sense, frugality and looks make her stand out.

20 timmar sedan
Debby Vanessa
Debby Vanessa

So smart & so beautiful! What a catch. I'm definitely going to subscribe to her channel!

Dag sedan
Elexis Mendoza
Elexis Mendoza

What’s her YouTube Channel? I wanna subscribe!

Dag sedan
Horny Women Pictures Presentes
Horny Women Pictures Presentes

The Come Up

11 timmar sedan
Horny Women Pictures Presentes
Horny Women Pictures Presentes

The Break Up

11 timmar sedan
Sydney Schoening
Sydney Schoening

She is such a good person!

Dag sedan
Prestige Anonymous
Prestige Anonymous

Keep pushing queen ❤️

Dag sedan
Saahil Uddin
Saahil Uddin

Shes a legend

Dag sedan
Tee Tee
Tee Tee

This lady is so awesome.

2 dagar sedan
Mulekah kabongo
Mulekah kabongo

i really love her, shes my inspiration!!! omg wow!!

2 dagar sedan
Anadia Glover
Anadia Glover

But her boyfriend white 😂 this is a joke. Dislike for the disrespect

2 dagar sedan
Kiki
Kiki

You're an inspiration

2 dagar sedan
The Ronin Pianist
The Ronin Pianist

"... we only go to libraries... " I am probably like your dad 😂😂😂

2 dagar sedan
Pratika Iyer
Pratika Iyer

She’s inspiring!

2 dagar sedan
Shantina Boyd
Shantina Boyd

Definitely one of the best millennial money episodes

2 dagar sedan
A B
A B

She’s so inspiring. God bless her

2 dagar sedan
Azucena
Azucena

Wait wat did she use to learn computer science ? I WANNA DO IT

2 dagar sedan
Horny Women Pictures Presentes
Horny Women Pictures Presentes

She has a video about it. Her channel is called "The Break Up". Spoiler alert: She took a CS class at Uni, so she got some books and studied 2/3 hours everyday for months before getting into a coding retreat that lasted 3 months. She got a lot of rejections during interviews, but she persevered, and landed a job. And now she worked her way up to a 210k/year salary. Truly, an inspiring story.

12 timmar sedan
Simi Kaur
Simi Kaur

omg dml I should not have chosen the med field that takes 12 years, I wish I could've soon engineering, which is only 4. BUT its ok I love medicine

2 dagar sedan
4udumn
4udumn

She definitely just inspired me to become more mindful of my money. I inherited bad shopping habits from my family, but I've at least managed to stay debt free.

2 dagar sedan
games games
games games

being frugal is the equivalent of being dead - why be alive? so sad that so many people out there that literary don't know how to spend money - I mean spend NOT save...

2 dagar sedan
Hannah .B
Hannah .B

When I saw she donates to Black Girls Code, I instantly had respect because IVE BEEN ATTENDING FOR 4 YEARS NOW even though I’m not black I’m Mexican, it’s a very welcoming place to anyone but mainly there are African americas there but I got to have such a wonderful experience there and met so many friends there. Coolest experience I met a girl there whose eye color changed depending on the lighting 🙃 it was CRAZY anyways that place is amazing y’all should go if u can.

3 dagar sedan
Dave white
Dave white

She is average looking

3 dagar sedan
JessieA
JessieA

I knew her parents had to be from Africa. Why? They value education far more than African Americans. I know several people from that continent who came here and are doctors, attorneys, and in other highly respected fields. They don't play.

3 dagar sedan
Tayyab Awan
Tayyab Awan

Please guide me Im about to graduate at the end of this year with software engineering 4 year bs degree. So what should I do next to become a succesful software engineer

3 dagar sedan
Sriram Velamuri
Sriram Velamuri

RESPECT

3 dagar sedan
Vince William
Vince William

Im 25 and im nowhere near her abilities. I envy her and her black excellence. Go her.

4 dagar sedan
fergiemcfergable
fergiemcfergable

210k a year for 3 months programming course absolutely ridiculous. american currency collapse

4 dagar sedan
ccpwrlft
ccpwrlft

Loool her and I have very similar stories 🤝

4 dagar sedan
LabakeCooks
LabakeCooks

She’s so INSPIRING! But dang $300 a month on groceries 😳 I need to learn how to save money on food ASAP! Nigeria 🇳🇬 all the way

4 dagar sedan
tosin adejumo
tosin adejumo

Proud of my fellow Nigerian.

4 dagar sedan
VitalViper
VitalViper

So where does "SYSTEMIC RACISM" fit here...???

4 dagar sedan
Mark Townsend
Mark Townsend

Of course a white guy is her man.

4 dagar sedan
Minnie Abd
Minnie Abd

🙌🏻

4 dagar sedan
Ben smith
Ben smith

What an inspirational lady!

5 dagar sedan
somra shafiq
somra shafiq

this how im tryna be

5 dagar sedan
Lord N
Lord N

I’m 26 years old and i make $20.000 a year 🥴

5 dagar sedan
Brenna McWha
Brenna McWha

She's so amazing and inspiring!!!!

5 dagar sedan
Rebekah Whittle
Rebekah Whittle

i'm in love with her!!! go girl go 💁🏼‍♀️

5 dagar sedan
smiley smiles
smiley smiles

"Either a lawyer, a doctor or a disgrace" - ☠️

5 dagar sedan
feni hichan
feni hichan

I am embarassed. I am asian. And i can spend $300 monthly. And i dont earn as much as she 😭. Maybe k should spend $30

5 dagar sedan
hannah maria
hannah maria

Africans are really smart. So I’m not too surprised.

6 dagar sedan
Bianca de Groot
Bianca de Groot

You're amazing girl :)

6 dagar sedan
Masked Financial Hero
Masked Financial Hero

Someone has watched all episodes of Millenial Money and put together the following article on the common 6 traits of successful CNBC Millennial Money casts. I found it very useful. https://medium.com/@adam.aya/6-common-traits-of-the-most-successful-cnbc-millennial-money-casts-ee9347f62e0c

6 dagar sedan
Jeremiah Anthony
Jeremiah Anthony

Sis ❤️❤️ a black queen

6 dagar sedan
kittycatsss
kittycatsss

What an inspiration

6 dagar sedan
GhostArya
GhostArya

Such a organized budget ! Great job. It really hit me when she said that free education is the best gift her parents could give her...well, it's a simple reality for almost everyone in Europe. It's so crazy for me to just imagine being in debt after my master's

6 dagar sedan
Ekene Anamanya
Ekene Anamanya

Why couldn’t I have been the ambitious and successful Nigerian daughter my parents have always dreamed of lol.....

6 dagar sedan
coolassclay
coolassclay

If she’s making 210K a year, she can get a nice apartment in Manhattan for about 3K a month and live alone, but then again, she did say her job is close to where she lives....

6 dagar sedan
RedRose Aqila
RedRose Aqila

That’s really great. First her income is so high. Second, she knows how to manage her money. 😊

6 dagar sedan
Brooke B
Brooke B

she is extremely cheap to be renting a room with that salary. lollll

6 dagar sedan
JessieA
JessieA

So? She is saving and building a future for herself. She is SMART.

3 dagar sedan
? Ahmed
? Ahmed

Nigerian they will make money in the right way or the wrong way. The mindset of all Nigerians.

6 dagar sedan
Nelson Pichardo
Nelson Pichardo

$300 on food a month in NYC earning 6-figures?! whyyy?! so sad! wow.

6 dagar sedan
Ronisha Reyes
Ronisha Reyes

You should make a video on someone living off of minimum wage in Chicago

6 dagar sedan
trinity kaye
trinity kaye

Love this! Love how her parents raised her right in the Lord! 🙏🏻🙌🏻

6 dagar sedan
Anthony Riojas
Anthony Riojas

Also so dope to see videos featuring women in tech. Particularly women of color in tech.

7 dagar sedan
Anthony buck
Anthony buck

How can a black girl make that much money in america? I thought blacks were oppressed?????

7 dagar sedan
Mighty Minority
Mighty Minority

Oppression is deeper than money. She explained her experience with discrimination in the video

6 dagar sedan
Krista Gunny Pease
Krista Gunny Pease

Congrats girl! You're so inspiring!!

7 dagar sedan
Robin Jeong
Robin Jeong

She is amazing!

7 dagar sedan
Susana I. Gonzalez
Susana I. Gonzalez

She’s beautiful inside and out!!

7 dagar sedan
Oracle Moon Tarot
Oracle Moon Tarot

Yes honey

7 dagar sedan
PAMJIVE PAMJIVE
PAMJIVE PAMJIVE

Please go subscribe to top trending soccer they are gonna be uploading some good content in weeks to come, make sure u don't miss out...

7 dagar sedan
Johnson Tian
Johnson Tian

Crap, I need to ask for a raise! 😂 she is really beautiful and capable.

7 dagar sedan
Gabriel Petrovic
Gabriel Petrovic

l am living on $850k a year in Texas, one thing i learnt in life is that money wouldn’t bring you happiness when you're not spending it Ma😂😭

7 dagar sedan
Tania Fischer
Tania Fischer

true!!!

7 dagar sedan
Puzzan Ad
Puzzan Ad

No one noticed one thing "Her parents took the burden of educating her with their money" That's the key here. Why americans get neck high in debt is because their parents leave them on their own. It gives you to start fresh out of college if you are debt free,college debt is the worst western culture,its the duty as a parent to give their children free education.

7 dagar sedan
Cecilia W
Cecilia W

She is such an inspiration

8 dagar sedan
May31
May31

People like this deserve to be put on a pedestal so younger kids can view them as rolemodels

8 dagar sedan
strawberry_shortcake4life
strawberry_shortcake4life

Guys date these woman asap as in NOW!! Hahaha

8 dagar sedan
John Taylor
John Taylor

Oh how lucky am I, and seem to get by on my £17k per annum..... NOT. I too could afford to give to charity if I actually had money to burn / spare at the end of the month.

8 dagar sedan
S.F.
S.F.

bukola, you are an inspiration! after watching this video i immediately subscribed to her youtube channel. as much as i love watching the hot messes that get shared on millennial money, i also love to see my fellow women of color thriving. i hope one day seeing a black woman entering a fintech company's building will no longer be treated as an anomaly.

8 dagar sedan
SmileForMySony
SmileForMySony

I wish that I had the opportunity to get financial aid or financial help with college I wanted to go for comp sci too I can’t receive fafsa due to being born elsewhere but I have lived in America since I was 3 and my dream is to buy my parents a home subscribe to my YouTube Chanel ? I started a YouTube in hopes of having a chance to follow my dreams i just need that chedda and yes I have a job but living paycheck to paycheck doesn’t exactly allow you to save

8 dagar sedan
Munk Brown
Munk Brown

Of course she has a boyfriend 😂

8 dagar sedan
Manvel Beaver
Manvel Beaver

Use Spacemacs org mode and all will be well.

8 dagar sedan
S1MH Sandy Mira
S1MH Sandy Mira

I hope she becomes a billionaire before 30 years old!

8 dagar sedan
cj e
cj e

Beautiful soul!

8 dagar sedan
leahtronic
leahtronic

$700-800k mortgage is reasonable for a $215k salary, way below 25% for living expenses. Doesn’t meet FIRE requirements though, so I get that.

8 dagar sedan
Chrissy R
Chrissy R

Wait confused how someone can make so much after a 3 month program can someone explain?

8 dagar sedan
Niesha Patterson
Niesha Patterson

There is a program called a coding boot camp and after you graduate, the program can help you find a job. I have watched countless videos on them and all participants say that it’s very stressful. The tuition is usually 10k - 30k.

3 dagar sedan
Mighty Minority
Mighty Minority

She had a prior degree and possibly industry knowledge to complement her coding skills

6 dagar sedan

Nästa

We Are Liverpool. Champions of England.

3:54

We Are Liverpool. Champions of England.

Liverpool FC

visningar 2,5mn

Binging with Babish 7M Subscriber Special: LOTR Part 1

13:56

How these penny-pinchers retired in their 30s

09:29

We Are Liverpool. Champions of England.

3:54

We Are Liverpool. Champions of England.

Liverpool FC

visningar 2,5mn

Binging with Babish 7M Subscriber Special: LOTR Part 1

13:56

Ghetto Geasy feat Majk - Zhytem (Je t’aime)

3:27

Ghetto Geasy feat Majk - Zhytem (Je t’aime)

BABASTARSchannel

visningar 1,3mn

Tarzans dejt lämnar i tårar! | Hemliga Beundrare

12:05

Adel - NBA (Official Video)

2:49

Adel - NBA (Official Video)

Fivestar Records

visningar 278tn

Highlights FC Barcelona vs Atlético de Madrid (2-2)

1:31