Leveling Up with Eric Siu

Why Young People Are Poorer Than Ever | Humphrey Yang


Listen Later

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: 

       

      • Growth Everywhere
      • Single Grain
      • Leveling Up
      • Eric Siu on Twitter
      • Eric Siu on Instagram

      • ...more
        View all episodesView all episodes
        Download on the App Store

        Leveling Up with Eric SiuBy Eric Siu

        • 4.8
        • 4.8
        • 4.8
        • 4.8
        • 4.8

        4.8

        298 ratings


        More shows like Leveling Up with Eric Siu

        View all
        Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

        Social Media Marketing Podcast

        1,447 Listeners

        Entrepreneurs on Fire by John Lee Dumas of EOFire

        Entrepreneurs on Fire

        3,834 Listeners

        The GaryVee Audio Experience by Gary Vaynerchuk

        The GaryVee Audio Experience

        16,789 Listeners

        Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

        Marketing School - Digital Marketing and Online Marketing Tips

        1,256 Listeners

        The Martell Method w/ Dan Martell by Dan Martell

        The Martell Method w/ Dan Martell

        386 Listeners

        Noah Kagan Presents by Noah Kagan

        Noah Kagan Presents

        906 Listeners

        The Game with Alex Hormozi by Alex Hormozi

        The Game with Alex Hormozi

        4,348 Listeners

        Nudge by Phill Agnew

        Nudge

        170 Listeners

        My First Million by Hubspot Media

        My First Million

        2,616 Listeners

        Creator Science by Jay Clouse

        Creator Science

        457 Listeners

        Marketing Made Simple by Powered by StoryBrand

        Marketing Made Simple

        293 Listeners

        The Exit Five CMO Podcast (Hosted by Dave Gerhardt) by Dave Gerhardt

        The Exit Five CMO Podcast (Hosted by Dave Gerhardt)

        40 Listeners

        Marketing Against The Grain by Hubspot Media

        Marketing Against The Grain

        352 Listeners

        Moneywise by Hampton

        Moneywise

        643 Listeners

        AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

        AI Explored

        78 Listeners