Living On $181K A Year Outside London, England | Millennial Money

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  • Опубліковано 7 вер 2024
  • Alex Symeonoglou, 34, bought his two-bedroom flat in Maidenhead, UK - just outside of London - in June 2015. He makes $181,000 a year as a strategic assistant and chief of staff for a pharmaceutical company. He considers his interest in investing almost like a second job. As a result, he has amassed over $400,000 in his investment accounts. He enjoys spending his free time playing tennis, traveling, and practicing his mixology skills.
    This video has been updated. (10/13/2021)
    This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
    What's your budget breakdown? We're looking for stories from all ages, not just millennials! Share your story with us for a chance to be featured in a future installment of Millennial Money: ​cnb.cx/32TYZ2K​
    As a 10-year-old growing up in Athens, Greece, Alex Symeonoglou got hooked on a TV show about the stock market, called “Limit up, Limit down.”
    “I didn’t understand anything, but I absolutely loved watching it,” he tells CNBC Make It.
    By the time he was a college student in the U.K. in 2004, Symeonoglou says he was tracking stocks on a daily basis and was even getting involved in his father’s investments.
    Today, he jokes that his passion for investing has become like a “second job.” And at 34, Symeonoglou has already amassed an investment pot worth $410,795. (CNBC Make It converted all the figures from GBP to USD).
    “It’s actually the thing that I talk about the most with all my friends and family,” he says.
    When he’s not watching the stock market, Symeonoglou works as a strategic assistant and chief of staff for a large pharmaceutical company in London and earns about $181,000 a year. That includes his base salary and bonus, as well as $9,311 from an annual company car allowance, an uncommon perk in the U.K., and money from selling some of his vacation days each year.
    How he spends his money
    Here’s a look at how Symeonoglou typically spends his money, as of July 2021.
    Savings: $2,888 goes into his company pension plan each month, equal to 27% of his annual paycheck before taxes. His employer also adds an 8% match, since it is mandatory for employers to contribute to pension savings in the U.K.
    Investments: $2,602 in total. Most ($2,396) goes into a tax efficient investment account known as an ISA, or individual savings account. He also contributes $205 of his salary before taxes into a company shares account, and his employer adds $103 on top of that amount.
    Housing costs: $2,294 includes a $1,976 monthly payment to his mortgage, $201 toward a maintenance fee for his apartment building and $116 for council tax, which is a local area tax in the U.K.
    Food: $733 includes $178 on groceries, $41 on bottles of alcohol for his cocktail-making parties, $438 on eating out and $75 on a Nespresso coffee pods subscription.
    Car: $170 includes $60 on insurance, paid in a one-off annual fee of $726, and $110 on gas.
    Fitness: $122, with $55 going toward his tennis club membership and $67 going toward his gym membership.
    Discretionary: $112, including $19 spent on his Netflix subscription, $82 on ad hoc buys on Amazon or eBay and $11 on a monthly haircut.
    Utilities: $105 includes $27 on Wi-Fi, $22 on heating, $22 on hot water and $34 on electricity.
    Insurance: $11 contribution to a company dental plan.
    Symeonoglou bought his two-bedroom apartment before it was fully built, or “off-plan,” in Maidenhead, Berkshire, in 2015. He decided to buy in Maidenhead because it’s close enough to drive into London, but he could also get more for his money by not living in the city.
    He bought the apartment for $383,340, plus another $20,540 for his parking space in the building’s garage. Symeonoglou put down a deposit of $123,238 for the flat and took out a 13-year mortgage. He plans to pay it off in just nine years, since he doesn’t like to be in debt.
    He doesn’t plan to live there long-term though. “If all goes well, then I will rent it out in order to have some passive income, while I transition to another flat or house, whether in the U.K. or abroad,” he says.
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    Living On $181K A Year In Maidenhead, England | Millennial Money

КОМЕНТАРІ • 1 тис.

  • @ryanortiz2648
    @ryanortiz2648 2 роки тому +432

    Finally, someone who’s not a UA-camr! He knows how to save, invest, and live life!

    • @nobilityproduced629
      @nobilityproduced629 2 роки тому +15

      He has a small channel. You can find him in the comments

    • @chocolateangel8743
      @chocolateangel8743 2 роки тому +17

      Well, it also seems as though he comes from money and grew up being taught certain things that most people aren't. Many people -- especially blacks and those considered Latin -- have to start from or below 0 and learn things on their own.

    • @publius9207
      @publius9207 2 роки тому +5

      I think you might be foreign so I understand but it is more polite to say black people and Latin people

    • @aguafria9565
      @aguafria9565 2 роки тому +7

      @@chocolateangel8743 amazing that their are libraries all across the world with books full of information, and internet filled with infinite content - there are no excuses.

    • @chocolateangel8743
      @chocolateangel8743 2 роки тому +20

      @@aguafria9565 I grew up in the suburbs and around a lot of whites with money -- that came from generations of medical professionals (with their own practices), engineers, and other successful business owners. Having access to libraries and the internet isn't the same as growing up with money and being groomed for success. Learning from the internet (e.g. UA-cam) hadn't become a thing, yet. Besides going to normal school, the kids with money started going to learning centers and private tutors from the time we were in the 6th grade.
      One of the first things that the learning center did was to test the kids and figure out how they learned all the core subjects. They also got to go to school all year long (in order to stay ahead of everyone else). They also went to math and science camps. I know this because they constantly complained about it. As we got older, we poorer students were working 35 hours a week at after-school jobs in order to have money.
      The kids with money were getting internships and things that would look great on their college applications. Not surprisingly, these kids went to Ivy League universities -- just like their parents. As adults, they became highly successful. Money has never been an issue for them. Money gave them access to opportunities that others didn't have. So, we can't act like coming from wealth doesn't positively impact a person's life.

  • @MarianelaGuzman
    @MarianelaGuzman 2 роки тому +305

    So nice to see someone with a good head on his shoulders. Kudos to his father for teaching him about finances.

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому +1

      Do you want to have a private conversation with us?
      Send us a message on telegram

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld

    • @belzeri6518
      @belzeri6518 2 роки тому +1

      @@user-ks5wk4xe3n scam

    • @camtheo7555
      @camtheo7555 Рік тому

      head over his shoulders lol

  • @sg9062
    @sg9062 2 роки тому +91

    dude got MBA from HEC Paris, one of the most competitive and elite business school in the world. Not surprised he's doing really good in life. Love to see someone from the UK rather than seeing all about millennials from the US. Keep up the good work!

    • @tixero
      @tixero 7 місяців тому +3

      Not actually difficult if you have the right professional background

  • @ChandelierLeBlair
    @ChandelierLeBlair 2 роки тому +376

    "Dont worry about that guy babe, he's just a friend"
    That guy:

    • @AlexSchwartzATV
      @AlexSchwartzATV 2 роки тому +3

      LMAOOO

    • @aruytpadyugf
      @aruytpadyugf 2 роки тому +18

      no seriously, don't worry. He wouldn't go for the average girl anyways.

    • @BuMyBeLlY
      @BuMyBeLlY 2 роки тому +2

      @@aruytpadyugf you never know, he may be into them cuz they feel lucky to be chosen by him.

    • @deleted.385
      @deleted.385 2 роки тому

      😭 PTSD from this comment though 🤮🙌🏻

    • @summerrr1
      @summerrr1 2 роки тому +8

      @@aruytpadyugf I don’t think he goes for girls at all

  • @PaulHo
    @PaulHo 2 роки тому +174

    If investing is his second job, monthly cocktail party planning is his third. Good for him, being able to find things you're passionate about without it becoming a costly hobby is a great place to be at.

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      Do you want to have a private conversation with us?
      Send us a message on telegram

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld

  • @SpanishWithNate.
    @SpanishWithNate. 2 роки тому +115

    I love Alex's outlook on life. Clearly very intelligent, and he's thought through his priorities well. Love it!

  • @whitneybryan8520
    @whitneybryan8520 2 роки тому +110

    Love seeing someone who is responsible with his money but knows how to live his life. I feel like so often people commenting on this channel advocate penny-pinching to the point where you can't even enjoy life - what's the point?!

    • @itsmulanali
      @itsmulanali 2 роки тому +3

      This!! I agree completely with this! There’s no fun in lowering your qualities & enjoyments in life because you’re looking for the best sale. You can’t do everything cheaply, well at least I can’t lol.

  • @FIREPsyChat
    @FIREPsyChat 2 роки тому +293

    This video is proof how important financial education is to our kids. Could you imagine if every teacher and parent taught their children how to budget, save, invest and do taxes in their teenage years or younger?

    • @TomNook.
      @TomNook. 2 роки тому +16

      It would collapse the banking industry and private borrowing would be obliterated.

    • @ericcalderon4040
      @ericcalderon4040 2 роки тому

      You're Right Sir..,

    • @ericcalderon4040
      @ericcalderon4040 2 роки тому

      That is why I had to start crypto trading with him 2months ago and now I'm making benefits from it....

    • @benchristrichard7409
      @benchristrichard7409 2 роки тому

      O'yes I'm a living testimony of Mr Sam Justin

    • @benchristrichard7409
      @benchristrichard7409 2 роки тому

      Mr Sam Justin has changed my financial status for the best

  • @JoshIsOnAMission
    @JoshIsOnAMission 2 роки тому +185

    "Friends and family the most important thing in life" - this man knows whats up

    • @ac81
      @ac81 2 роки тому

      for me its money

    • @Sanyu-Tumusiime
      @Sanyu-Tumusiime 2 роки тому +1

      they bring me down so why bother just have more fun being alone

  • @infini.tesimo
    @infini.tesimo 2 роки тому +126

    The part I want to hone in on is where he mentioned that his father taught him from a very young age how to grow and create generational wealth. Most people don't achieve this mainly because their parents before them didn't know how to do it either. It's up to you break to break the cycle and keep it going.

    • @sassycat6487
      @sassycat6487 2 роки тому +1

      @@P.90.603 so you want humanity to die off? Not judging just curious about your thought process on that

    • @keno.3043
      @keno.3043 2 роки тому

      As difficult foreign parents can be but they definitely teach money skills and generational wealth

  • @a004
    @a004 2 роки тому +19

    Best Millenial Money episode in a LONG time.
    Not only he is a very likeable young chap who is making sensible decisions all around.
    But also CNBC went back to basics and just focused on reporting the objectives. No flashy clickbait title, youtube-channel promotion or social commentary about minorities/disadvantaged millennials.
    This was a great episode. More like this please.

    • @DiamondFlame45
      @DiamondFlame45 2 роки тому +7

      I think it’s great that they cover folks from disadvantaged backgrounds because let’s be honest kid, as much as amiable the guy is, he did come from a well established background. Not many kids can say they received financial literacy through their parents or played for a national sports team. Not trying to undermine his success, but it’s very disingenuous to say that his success didn’t derive a little bit from his family support and background.

    • @a004
      @a004 2 роки тому

      @@DiamondFlame45 I'm fine with shining a spotlight on disadvantaged, but not to the point where it overtakes the episode and we lose all objectivity. That's what I feel the last few episodes have been. As long as we keep it objective, transparent and well rounded, I'm happy to see anybody and everybody on these episodes.

    • @annajones9701
      @annajones9701 2 роки тому +1

      @@DiamondFlame45 yes but Graham Stephen in US never came from privilege or had any university education but is earning millions

  • @zchoicez
    @zchoicez 2 роки тому +85

    He looks like his has good head on his shoulders. He seems responsible, keeps himself fit, logical ( not a show off ), and discipline. 👍😀

  • @kocronashi
    @kocronashi 2 роки тому +66

    He needs to add this CNBC video link to his dating profile 😆

  • @joea8650
    @joea8650 2 роки тому +145

    Alex is obviously well-bred! I wish I hung out with more people like Alex instead of wasting time with silly and superficial slackers when I was younger. We are who we surround ourselves with!

    • @josephbrennan370
      @josephbrennan370 2 роки тому +8

      Give me more life advice. I am 19 years old. Please

    • @josephbrennan370
      @josephbrennan370 2 роки тому +7

      @What Nowz it is hard to hang around with studious people. I am quite studious but I often have to endure bullying which honestly sucks, but what can you do.

    • @holdupnow2326
      @holdupnow2326 2 роки тому +6

      @@josephbrennan370 don't allow people to bully you.

    • @dtw456
      @dtw456 2 роки тому +12

      Well bred is an odd choice of words…

    • @glenglen9958
      @glenglen9958 2 роки тому +8

      @@josephbrennan370 Jim Rohn tells us: “You are the average of the five people you spend the most time with.” Basically hang out with people who don’t value money or financial wealth you will be complacent with that because everyone in your circle is like that. Hangout with people who you know want to achieve the same as you if you want a wealthy lifestyle.

  • @anyasyht
    @anyasyht 2 роки тому +108

    Love seeing more UK folks!

  • @sailormars20
    @sailormars20 2 роки тому +197

    This is an example having good and successful parents to get you a good footing in life.

    • @dbiswas
      @dbiswas 2 роки тому +6

      Very well said.

    • @kimjack1000
      @kimjack1000 2 роки тому +25

      Good and successful parents who gave him a financial education

    • @sophiaatn5339
      @sophiaatn5339 2 роки тому

      Spot on

    • @afr0flava
      @afr0flava 2 роки тому

      I vow to be that parent!

    • @Robstrap
      @Robstrap 2 роки тому

      You don't need to have successful parents. Just parents who teach you good morals and skills. He is greek, theres a good chance his parents don't have much money, as greece is a very poor country.

  • @MeetKevin
    @MeetKevin 2 роки тому +133

    This is the person's cocktail party I want to go to. Great job!

    • @jayvee1901
      @jayvee1901 2 роки тому +5

      graham needs to teach him how to make 20c iced coffee though

    • @annajones9701
      @annajones9701 2 роки тому

      Ironic has better education than Kevin but Kevin has husttled harder and earns more

    • @jackkilrich630
      @jackkilrich630 2 роки тому +7

      How did you have the time to watch this?

    • @annajones9701
      @annajones9701 2 роки тому

      @@jackkilrich630 probably watched it while having a poop

    • @aliali-ce3yf
      @aliali-ce3yf 2 роки тому +1

      booze in a brown paper bag is better

  • @Myulls
    @Myulls 2 роки тому +78

    England's most eligible bachelor

    • @ZA56AA
      @ZA56AA 2 роки тому +1

      Again Because you are all conditioned to seek or think you are entitled ( women) to the best of the best guys.

    • @edilangsultan3522
      @edilangsultan3522 2 роки тому +3

      @@ZA56AA Jesus, I'm kinda jealous of him, but you're all over he comment section talking about hypergamy. Let it be brother, and work on yourself.

    • @ZA56AA
      @ZA56AA 2 роки тому

      @@edilangsultan3522 "Work on yourself Bro " !
      Laughing.
      There isn't anything else you can do anyway,is it?
      You purposely missed the point.
      I commented them not him.
      Those who are saying they just " felt in love" ! Laughing.
      Do you ever read the rest of the comments?

  • @HackeemAlves
    @HackeemAlves 2 роки тому +47

    Why have I heard about moisturizing my skin but I never heard of moisturizing shoes.
    His money management skills are A1

    • @baz1184
      @baz1184 2 роки тому +13

      Leather is also skin. So leather shoes, furniture, car upholstery all need to be kept moisturised to prevent cracking.

  • @tristanrodenhauser5267
    @tristanrodenhauser5267 2 роки тому +111

    They should do a series on how to become a high income earner. He has a high income, low budget and can save 2/3 of his income.

    • @NightRidah777
      @NightRidah777 2 роки тому +4

      Learn to code. Simple as that. If you can't understand coding then understanding that many in the pop. can and deserve a higher income than you can command.

    • @pistachiogarza339
      @pistachiogarza339 2 роки тому +15

      @@NightRidah777 If everyone learns code then the value of individual coders will go down, and the price of educating coders will go up. There are deeper problems...wages in general need to come up, especially at the lower end.

    • @treeman_mj
      @treeman_mj 2 роки тому +1

      @@pistachiogarza339 in theory your point might be valid.
      But, most people do not have the mental fortitude to learn how to code. So Night Ridah is 100% correct.

    • @ducks-on-quack
      @ducks-on-quack 2 роки тому +7

      @@NightRidah777 Software development will be one of the first jobs to be automated. Picking the right specialty is important.

    • @NightRidah777
      @NightRidah777 2 роки тому +2

      @@ducks-on-quack Who do you think is gonna automate it smdh

  • @harnessmoney
    @harnessmoney 2 роки тому +45

    Tons of smart decisions. Cheaper flat, heavy into investments, credit card points and understanding what you are investing into before making the investment. This guy is going to crush it over time.

  • @oco987
    @oco987 2 роки тому +90

    He's doing really well. He's investing more than his paying in mortgage. That's huge. And he's putting alot into his company's pension. He's putting more than half of his income in investments and pension

  • @ANDYDAVIRGO
    @ANDYDAVIRGO 2 роки тому +21

    This young man is very sensible and financially wise. Best person yet to appear.

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      Do you want to have a private conversation with us?
      Send us a message on telegram

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld

    • @BuMyBeLlY
      @BuMyBeLlY 2 роки тому +1

      Nah, the lady of an Asian background who was paying for her younger sister's college tuition.

  • @elliewanders
    @elliewanders 2 роки тому +13

    Great episode - thank you for showing someone who also lives in the UK cnbc. Buying a flat close to London (but not actually in London) is a very good shout.

  • @vamieses
    @vamieses 2 роки тому +114

    Thought I was watching a really long introduction to this season’s Bachelor 🌹🌹🌹

    • @duancoviero9759
      @duancoviero9759 2 роки тому +2

      🤣🤣🤣🤣👏🏾👏🏾👏🏾👏🏾

    • @nyokabi123
      @nyokabi123 2 роки тому +3

      lmao. This is so true. Something about the production is very Bachelor.

    • @afr0flava
      @afr0flava 2 роки тому +8

      Lol I swear I was about to type “Marry me!”

    • @leah38521
      @leah38521 2 роки тому

      loool

    • @ZA56AA
      @ZA56AA 2 роки тому

      Because you are all conditioned to seek or think you are entitled to the best of the best guys.

  • @alianaweston2286
    @alianaweston2286 2 роки тому +2

    He’s very polite and humble. This is the most important thing. His parents did well.

  • @PriyankaBanerjeee
    @PriyankaBanerjeee 2 роки тому +43

    I want to hear more about his party themes and menu!

    • @shreysom2060
      @shreysom2060 2 роки тому

      Ha ha

    • @jetpark3743
      @jetpark3743 2 роки тому

      omg

    • @edjj7218
      @edjj7218 2 роки тому +1

      I want a friend who invites me to their monthly cocktail parties! lol

  • @Luisamaxine
    @Luisamaxine 2 роки тому +50

    “Ready to start a family” hi I volunteer… you can move to USA, but I love to travel too so we can get it started anywhere. 😂

    • @FunInTheSun808
      @FunInTheSun808 2 роки тому +15

      He plays for the other team…

    • @user-ls2jg7vl2h
      @user-ls2jg7vl2h 2 роки тому +9

      Hey this is the guy from the video. What’s your IG,

    • @dushjr
      @dushjr 2 роки тому +14

      @@user-ls2jg7vl2h 😂😂😂

  • @NicksDynasty
    @NicksDynasty 2 роки тому +123

    Seems like a stand up guy. I love the diverse locations on the series

    • @DavidNassau
      @DavidNassau 2 роки тому +1

      Definitely, really appreciate the perspectives from different countries

    • @NicksDynasty
      @NicksDynasty 2 роки тому +1

      @@DavidNassau for sure the pension and health care seems interesting

  • @blaicushman455
    @blaicushman455 2 роки тому +163

    It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path or at least tell me what I'm doing wrong?

    • @tylerwilson5747
      @tylerwilson5747 2 роки тому

      Same here, My portfolio has been going down the drain while I try trading,I just don't know what I do wrong.

    • @darrellrichardson9772
      @darrellrichardson9772 2 роки тому

      Cryptocurrency trading is really profitable and in order to achieve success, you'd have to keep emotions out

    • @jessyferbian8638
      @jessyferbian8638 2 роки тому +3

      @@darrellrichardson9772 Trading is tough and even the best traders have substantial losses along the way

    • @jonathanwestley9683
      @jonathanwestley9683 2 роки тому +1

      No matter how much effort I put into my trades, I still make more losses than profits. Trading really is hardwork.

    • @jonathanwestley9683
      @jonathanwestley9683 2 роки тому

      @Steuern MitKopf How possibly can one actually eliminate emotions from trading?

  • @CookingWithCarlina
    @CookingWithCarlina 2 роки тому +9

    Alex, your story is so inspirational! Thank you for sharing! I’m glad that CNBC is sharing our stories! :)

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      Do you want to have a private conversation with us?
      Send us a message on telegram

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld

  • @tilly8627
    @tilly8627 2 роки тому +22

    Refreshing to see them doing someone in the UK.

  • @skillfuldabest
    @skillfuldabest 2 роки тому +36

    > “What’s good about the UK is the NHS”
    > “But of course I don’t use that, I use private healthcare because I don’t like long waiting lines”
    Lmaoooo

    • @noahremnek3615
      @noahremnek3615 2 роки тому +1

      Alex: I am glad we have the NHS
      Also Alex: I go to private hospitals
      Lmao 😂

  • @zithelontaka6082
    @zithelontaka6082 2 роки тому +115

    Wow , he has his life all figured out and responsible.

    • @sbkr4906
      @sbkr4906 2 роки тому +3

      Marry him

    • @HassanPoyo
      @HassanPoyo 2 роки тому +5

      Most women would still ask for more

  • @weprogress.909
    @weprogress.909 2 роки тому +63

    Great to see an episode on someone who's in the UK!

  • @ToddBaldwin
    @ToddBaldwin 2 роки тому +13

    Managing money and living below your means is a surefire way to live a life of freedom.

  • @rexyzvent5864
    @rexyzvent5864 2 роки тому +5

    As a british person but a south londoner his accent is so interesting, very Tv/film esque and soothing. I liked the regular cocktail parties

    • @swicheroo1
      @swicheroo1 2 роки тому +5

      My guess is that so much of his accent derives from the composite accent that you will get from international schools.

    • @21cgIN
      @21cgIN 2 роки тому

      He is half Greek and grew up in Greece and you can definitely hear it (as a Greek, I can also tell he was privately educated).

    • @dejialonge
      @dejialonge 2 роки тому +5

      @@21cgIN probably privately educated with a spice of greek, posh boarding school and international school accent

    • @AnnRen-nh4ur
      @AnnRen-nh4ur Рік тому

      @@dejialonge spice of Greek?

  • @demri123
    @demri123 2 роки тому +232

    This guy is exactly what Americans picture a European would be lol

    • @michael2275
      @michael2275 2 роки тому +11

      Yup and he gets paid $0.5 on the $1 as Europeans do....

    • @annalaurissa
      @annalaurissa 2 роки тому

      Which is what? 😂

    • @michael2275
      @michael2275 2 роки тому +8

      @@periades6778 US has lower taxes, higher wages, lower cost of living, MUCH lower energy costs. He would easily have 2x the purchasing power with same role in the US.

    • @tmit9992
      @tmit9992 2 роки тому +20

      @@michael2275 US also has student loan, medical bills but sure :)

    • @michael2275
      @michael2275 2 роки тому +7

      @@tmit9992 Yes, if you're poor then Europe may be better, but he is a high earner and would be WAY better off in US.

  • @almurabitun
    @almurabitun 2 роки тому +25

    Finally someone England. Respect to him for making his money.

  • @dereksilvers9177
    @dereksilvers9177 2 роки тому +8

    Please continue making more videos from the UK

  • @norbertoorellana4917
    @norbertoorellana4917 2 роки тому +44

    I love these videos when it's clear the person knows how to budget. I grew up homeless and without any financial education and saw what that did to my parents. I'm lucky to have realized early on the importance of financial education. Hopefully one day I can be on Millennial Money! Maybe not yet though with my measly grad school stipend lol.

    • @jacobgordon7810
      @jacobgordon7810 2 роки тому +5

      You got this! Investing in your education is a great way to build a future with more opportunity. Congrats!

  • @Mmeme2023
    @Mmeme2023 2 роки тому +23

    Alex's credit score is 999, I should tag Jose 🤣

    • @Nonchalantlyfabulous
      @Nonchalantlyfabulous 2 роки тому

      Omg !!! 😆… I wonder if anybody else gets this reference lol

  • @futurikidis21
    @futurikidis21 2 роки тому +63

    Happy to see someone in London. What the article forgets to mention is the jump start he had from his parents. He definitely looks like a private schooled person which in Greece is extremely expensive. And hec mba is about 80k euros. Which i guess its mom and dad bank. I like the vid but he is definitely not your average londoner. He is priviliged

    • @heredianna2496
      @heredianna2496 2 роки тому +15

      Hi I am French so I am aware that HEC is a very expensive French school for the rich and his parent probably helped with that so it should have been good to mention it more. But despite that I know many people with humble beginnings or wealthy family in London making the same amount of money or more who do not make his smart choices. Many people who make money would have chosen to buy in central London although it would have put them at risk financially, or would splurge on brand outfits , purses, daily expensive dinner in restaurants or drinks in upscale bars to feel the daily superficial wealthy lifestyle that would make them slowly less wealthy and I see the same thing in Paris by the way... So despite his wealthy family it seems that he is really down to earth and in tune with reality which makes him make smart financial decision and you don't need a wealthy family for that.

    • @futurikidis21
      @futurikidis21 2 роки тому +12

      @@heredianna2496 Agreed but my comment was more about the average londoner not his choices. The average londoner does not have a car and lives with roommates. The average londoner cant afford a 400k home in maidenhead. That it is still way out of reach for most people. 5The average salary in london is 35 k which means to buy a house like that its 12 times their salary. This person earns 4 times more than that. So he can afford lecturing and play sensible because his survival issue is solved before he was 18. Definitely not earning 130k which by statistics puts him on the top 2-3 percentile. If you want to show how millennials are actually leaving then make one for the 50th not the top. As for you comment on sensible choices. Having a bmw and spending money on churches shoes i would not call it sensible.

    • @heredianna2496
      @heredianna2496 2 роки тому +6

      @@futurikidis21 With how much he makes and how much he spends on housing and saving and investing... I am not shocked by his shoes choices.... But I don't think this channel is interested in showing regular people. Most people represented here are less than 40 years old, makes more than 100k and do not support a family. So yes these videos don't help so much regular folks. And to be honnest if you start with a low income salary you're pretty much screwed in this world :-(

    • @nj5709
      @nj5709 2 роки тому +2

      @@heredianna2496 this is so true, and so sad.

  • @cheeSyCheeSySmile
    @cheeSyCheeSySmile 2 роки тому +86

    How charming and wholesome he is.

  • @ADHD55
    @ADHD55 2 роки тому +83

    Such a nice well spoken guy, any girl who gets him will be extremely lucky

    • @dannyboy900102
      @dannyboy900102 2 роки тому +28

      Or guy lol

    • @silvaphoenix3652
      @silvaphoenix3652 2 роки тому +16

      Looks like guy.

    • @israeliana
      @israeliana 2 роки тому +16

      Maybe it's just me, but he got more attractive as the video went on. Something about being frugal and focused is just it for me.

    • @slickrick2420
      @slickrick2420 2 роки тому

      @@dannyboy900102 Why

    • @slickrick2420
      @slickrick2420 2 роки тому

      @@silvaphoenix3652 Why??

  • @JonathanSorunke
    @JonathanSorunke 2 роки тому +72

    He’s really doing a great job! I’m glad he realized the new car was a waste of money.

    • @questiontime1401
      @questiontime1401 2 роки тому +7

      He's driving a new Audi A5....

    • @JonathanSorunke
      @JonathanSorunke 2 роки тому +6

      @@questiontime1401 he’s also making $200k / year and he even said it’s a mistake. Have you never made a mistake before in your life?

    • @AlexSimInvesting
      @AlexSimInvesting 2 роки тому +15

      Agree that new cars are a bad move! Just to clarify I bought the car used but with very low mileage at 40% off original price. I admit I could have gone with an even simpler car though!

  • @Sonny1065LV
    @Sonny1065LV 2 роки тому +81

    Great episode really enjoy seeing how people build wealth in other countries, Germany next if possible 😃

    • @JBoogie1977
      @JBoogie1977 2 роки тому +6

      Definitely nice to see perspectives from other countries.

    • @DavidNassau
      @DavidNassau 2 роки тому +11

      Germany would be cool. Also, places in Asia and Africa would be super interesting!

    • @Sonny1065LV
      @Sonny1065LV 2 роки тому

      @@DavidNassau Agreed I would love to see all the other perspectives, very interesting and informative.

    • @gidd
      @gidd 2 роки тому +1

      @@DavidNassau I'm african
      in africa (especially my country,kenya) saving culture IS HUGE
      most people don't take out loans to buy a car/house etc
      they'd rather put it in a high yield savings account until they can afford what they want

  • @bizmatthew
    @bizmatthew 2 роки тому +14

    Yeah he is definitely sitting well, good lesson to learn not to just invest in any stocks, but do research.

    • @The_Original_Hybrid
      @The_Original_Hybrid 2 роки тому +1

      Investing in individual stocks is wrong, regardless of whether one has done prior research.

  • @SAnderson54
    @SAnderson54 2 роки тому +41

    This brother is winning!!!! Can I get an invite to the cocktail party!?!?!

  • @aaroncorre6156
    @aaroncorre6156 2 роки тому +14

    Man i wish they had the self destructive millenials on again, so much more entertaining

  • @JC-ty8zd
    @JC-ty8zd 2 роки тому +48

    Alex let me know if you want to come to America... I'm ready to start my family to;)

  • @lucynjoroge6737
    @lucynjoroge6737 2 роки тому +75

    He’s so eloquent! Has a vision and is realistic!

    • @DavidNassau
      @DavidNassau 2 роки тому +7

      Agreed! Super well spoken and clearly, highly educated. The accent helps too 😜

  • @Robstrap
    @Robstrap 2 роки тому +64

    "My goal in life is not to make alot of money"
    Yet he reads investment stuff every day, its all he talks about to his friends and family. Went to business school.
    Pretty safe to say making money is a goal in his life lol

    • @DylanFkinGuenther
      @DylanFkinGuenther 2 роки тому +7

      The tracking becomes the fun part seeing advancements early on that others miss or are delayed to see. Its also a bit of a live action psychology experiment

    • @indieconquers
      @indieconquers 2 роки тому +7

      Seems like he just enjos seeing the advancements of it. He's lucky his passions are in the money-making businesses lol

  • @GCowner
    @GCowner 2 роки тому +1

    people are applauding this guy yet forgetting this dude came from money.

  • @andstewart9982
    @andstewart9982 2 роки тому +5

    Investing is buying yourself a better future you don't have to work hard again.

    • @kelvinl.3875
      @kelvinl.3875 2 роки тому

      You can say that again.

    • @kelvinl.3875
      @kelvinl.3875 2 роки тому

      I have achieved many things in my life since I started investing.

    • @andstewart9982
      @andstewart9982 2 роки тому

      @Daniel Martinez I'm into real estate investing.

    • @andstewart9982
      @andstewart9982 2 роки тому

      Real estate investment is hard, it requires huge amount of initial investment, personal effort and time.

    • @jamesonbilton2363
      @jamesonbilton2363 2 роки тому

      @@andstewart9982 I hate motivational speakers.

  • @elenavelasquez208
    @elenavelasquez208 2 роки тому +22

    Thank you for sharing your story Alex! 😊
    He seems like a kind, thoughtful and intelligent man! I love his honesty with investing and being strategic about everything from housing, healthcare, and shopping. I wish him even more success!
    I hope he meets a wonderful woman and can start a family. If he’s looking for a single American woman, I’m available 😉 ❤️

    • @edjj7218
      @edjj7218 2 роки тому +1

      What makes you think he hasn't? Could be that he just hasn't popped the Q yet

  • @stephen-finance
    @stephen-finance 2 роки тому +54

    This guy has some expensive hobbies, but he seems to be doing really well and can enjoy them. Love the overall mindset and work ethic!

  • @rebootedlifestyle4400
    @rebootedlifestyle4400 Рік тому

    Finally someone with a real job who’s not promoting motivational scam or a UA-cam channel 🙌🏾

  • @FinancialShinanigan
    @FinancialShinanigan 2 роки тому +40

    Already has a big advantage thanks to the UK's free healthcare.

    • @annalaurissa
      @annalaurissa 2 роки тому +19

      NHS isn’t great, but it is free. Most countries in Europe offer free or very affordable healthcare system. Only US sucks 😂

    • @RezaMuradi
      @RezaMuradi 2 роки тому +5

      Yeah Here in AUS we have free health care too 😁

    • @PsychedelicFern
      @PsychedelicFern 2 роки тому +4

      Idk, assuming you live in the USA he probably would have a bigger advantage living in Texas, Nevada, or Florida even without free healthcare.

    • @PsychedelicFern
      @PsychedelicFern 2 роки тому +3

      Our healthcare system is def trash tho for being such a wealthy country

    • @uwhaku
      @uwhaku 2 роки тому +13

      Its actually not free. His tax rate is 40% which would be $72,400 per year. In the US his tax rate would approximately 29% for both federal and state, which would be $52,490. The difference of $19,910 is essentially what he is paying for "free" healthcare.

  • @meredithk2892
    @meredithk2892 2 роки тому +27

    Graham Stephan is going to love this!

  • @sassycat6487
    @sassycat6487 2 роки тому +13

    He looks so young for 34 I was thinking 20's

    • @summerrr1
      @summerrr1 2 роки тому

      He moisturises… if you know what I mean

  • @larrygerry985
    @larrygerry985 2 роки тому +5

    Not to burst people's bubbles, there is no context. 132k GBP is basically the top 1%, moreover I don't think he is coming from Stavros the Grocery worker. They should do London money with Mick the plumber on 30k GBP a year and 3 kids

  • @sophiaatn5339
    @sophiaatn5339 2 роки тому +8

    I like this guy he’s sensible and looks like he takes care of himself.

  • @elishawhite7487
    @elishawhite7487 2 роки тому +44

    More London ones please

  • @RichardDiStefano
    @RichardDiStefano 2 роки тому +5

    This needs a Graham reaction ASAP

  • @anasfrh
    @anasfrh 2 роки тому +2

    Buy a house 1h30 outside of London that costs 25% of your NET monthly expenses while having a job putting you at the 98th income percentile in your mid 30s is not easy, most people will never be able to do that. With 400k in liquid assets and probably growing for another 15 years or so, this guy can definitely retire a multimillionaire in his 50s if he wants to. He will probably move down to Greece for low COL and some sun in the summer (rental) property he will buy in a few years.

  • @jayvee1901
    @jayvee1901 2 роки тому +9

    more UK videos please!

  • @howardharris2305
    @howardharris2305 2 роки тому +55

    I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability

    • @curtisjames1889
      @curtisjames1889 2 роки тому

      Invest globally in bitcoin, gold, silver, forex market, commodities. Just don't be left out and save yourself

    • @caiolettiere773
      @caiolettiere773 2 роки тому

      Beautifully said, I tell my folks these words everyday. It's good to save money but most people don't understand the market moves and tend to be misled in facts like this and always depend on money in the bank

    • @lucyvickery1101
      @lucyvickery1101 2 роки тому

      Pure wise comment.

    • @gomesrocha9173
      @gomesrocha9173 2 роки тому

      I understand the fact tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how andthat where to invest in these?

    • @caiolettiere773
      @caiolettiere773 2 роки тому +1

      @@gomesrocha9173 Hey, this is a computer age. Peeps who aren't even traders make money from the crypto anjd forex markets ,how many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.

  • @tariitonyo3360
    @tariitonyo3360 2 роки тому +21

    this could be an MBA advert for HEC Paris.

  • @adeebniyazi
    @adeebniyazi 2 роки тому +2

    This man has his life sorted.

  • @RezaMuradi
    @RezaMuradi 2 роки тому +29

    Can't wait for Graham's reaction 🚀 This man is amazing

  • @nvasudeva
    @nvasudeva 2 роки тому +34

    He is doing great ! He seems to be perfect eligible bachelor. Overall he got good parenting, hopefully he finds a right partner !

  • @blp77326
    @blp77326 2 роки тому +6

    Please stop saying the NHS is free. You are paying National Insurance tax for that.

  • @diegopradillo2743
    @diegopradillo2743 2 роки тому +14

    Relate to this guy a lot! Currently at a point where my wife doesn’t allow me to talk about investing/investments for more than 15 minutes now 😅

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      Do you want to have a private conversation with us?
      Send us a message on telegram.

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld.

  • @nhdarling2
    @nhdarling2 2 роки тому +29

    He should start a youtube channel imo.

    • @Kanal7Indonesia
      @Kanal7Indonesia 2 роки тому

      @@AlexSimInvesting do u invest in Dogecoin ?

    • @vegannigeria9218
      @vegannigeria9218 2 роки тому

      @@AlexSimInvesting hi can you share what credit card you use? I’ve never heard of one in the U.K. that gives points, miles etc! Thanks

    • @AlexSimInvesting
      @AlexSimInvesting 2 роки тому +3

      @@vegannigeria9218 hi! I use an HSBC World Elite credit card. The first year is free and they often waive the fee after. Overall I really like the card as it gives you unlimited airport lounges as well.
      I also used to use an AMEX gold that also has the first year free. So between them I have been able to keep getting points without fees so far!

    • @of.the.culture5783
      @of.the.culture5783 2 роки тому +1

      @@AlexSimInvesting I’m watching every vid

    • @AlexSimInvesting
      @AlexSimInvesting 2 роки тому

      @@of.the.culture5783 thank you! I hope you like them

  • @realshiftyal
    @realshiftyal 2 роки тому +1

    Why is the thumbnail showing Maidenhead in Bristol?

    • @BeautyObsessive
      @BeautyObsessive 2 роки тому

      THANK YOU because that’s about 3 hours outside of London. The thumbnail had me confused af 🥴🥴

  • @Renesmeecarliecullon
    @Renesmeecarliecullon 2 роки тому +3

    Didn’t know i liked a man who wears classy shoes and takes so good care of them till i saw this. Kinda obsessed with him. He’s living the dream. Im actually going into that field. Getting my degree now

  • @MsJai_1
    @MsJai_1 Рік тому

    EXACTLY! No need for a new car, taking great car of a paid off car saves a lot, along with no expensive name brand clothing.
    Stylish and well-crafted shoes are a must, though, but not splurging on each pair.
    Taking care of the house(s) for long-term investment reasons is sensible. Thanks to my grandparents for teaching me.

  • @f25mart
    @f25mart 2 роки тому +25

    I loved his attitude about buying his car lol "Was it expensive and necessary? Well yes and no...but I wanted it"

    • @annalaurissa
      @annalaurissa 2 роки тому +8

      Life’s too short 😂 it is actually nice to see that he also spent it on something. Some people I follow just save, save, save and spend like 100$ on entertainment. It makes me kinda depressed lol

    • @f25mart
      @f25mart 2 роки тому

      @@annalaurissa amen! haha I did the same thing he did with a car last year; sometimes you just gotta do what you want despite logic

  • @user-ei7ed6zy9k
    @user-ei7ed6zy9k 2 роки тому +2

    Lmao the thumbnail labels Bristol as Maidenhead

  • @jeffjeff5266
    @jeffjeff5266 2 роки тому +13

    Any girl who gets this guy is lucky! He's really good with money. this is why teaching your kids about finances is very very important :)

    • @karlasosa5304
      @karlasosa5304 2 роки тому +2

      And super handsome and cultured

    • @summerrr1
      @summerrr1 2 роки тому +1

      I don’t think he’s in to women. The bit where he talks about getting married is probably just to appease his parents.

  • @andrewwright.
    @andrewwright. 2 роки тому +2

    He skipped past the failed business then went to work in London....7 years later.

    • @anoukc6928
      @anoukc6928 2 роки тому +1

      Failures are good to learn

  • @Michael-London
    @Michael-London 2 роки тому +6

    7:20 custom computer - do you build the computer yourself? I see the laptop there! Why not use the custom built?
    Shows in London even on prime minster salary you still need to live outside of london.

  • @pranavkumbhar725
    @pranavkumbhar725 2 роки тому +1

    "Friends and Family is very Important to me."
    Dom torrento liked that

  • @vivianmuzio5022
    @vivianmuzio5022 2 роки тому +14

    I am in love, I don't care if he gets poor, at least I know he will take good care of what is important for him regardless of how much he has or has not.

    • @ZA56AA
      @ZA56AA 2 роки тому +4

      Because you are all conditioned to seek or think you are entitled to the best of the best guys.
      And of he gets poor he probably knows how to turn around this and you know it too.
      THIS is why you don't care!

    • @vivianmuzio5022
      @vivianmuzio5022 2 роки тому +1

      @@ZA56AA explain yourself more in detail please, I am really confused about this answer to my comment.

    • @Chrissy_Hills
      @Chrissy_Hills 2 роки тому +1

      @@ZA56AA so nobody wants you huh?

  • @disrealnow9664
    @disrealnow9664 2 роки тому +2

    This guy seems to be the typical millennial stay at home astronaut

  • @alfandeng2075
    @alfandeng2075 2 роки тому +8

    I came from China, I make 90,000 dollars a year in a small city in China. How can I contact CNBC make it to make a video on me?

    • @annajones9701
      @annajones9701 2 роки тому

      What job do you do?

    • @dakshjhamb5514
      @dakshjhamb5514 2 роки тому +2

      You earn alot for Chinese alot for even most developed countries . Good luck

    • @alfandeng2075
      @alfandeng2075 2 роки тому +1

      @@annajones9701 like the man in the video, I worked in a pharmaceutical company. Also active in stock investment and side hustles.

    • @annajones9701
      @annajones9701 2 роки тому

      @@alfandeng2075 good dedication. What side hussle?

    • @alfandeng2075
      @alfandeng2075 2 роки тому +1

      @@annajones9701 international trade actually, supply good and cheap bulk Chinese merchandise to worldwide.

  • @ryersongorman5237
    @ryersongorman5237 2 роки тому +2

    How I am living on $158K in Fort Worth, all go to my kids as a full-time single dad. 😂

  • @WhiteCarBlackWheels
    @WhiteCarBlackWheels 2 роки тому +3

    cnbc make it - MORE LIKE THIS PLEASE! nice to see a normal guy who's on a good track in life. the youtubers / influencers are fun, but these type of vids just seem so much more reasonable / relatable. thanks for the content!

    • @user-ks5wk4xe3n
      @user-ks5wk4xe3n 2 роки тому

      CNBCworld.

    • @hppavilionf50
      @hppavilionf50 2 роки тому

      This guy is hardly "normal". He has an MBA from HEC and it appears that he came from some money.

  • @arthurlouis4808
    @arthurlouis4808 2 роки тому +27

    We should be careful on money usage,if you are not spending to earn back,then stop spending.

    • @adamshaw9007
      @adamshaw9007 2 роки тому

      Apparently my view on the solution is to venture into business .

    • @jamesweston1607
      @jamesweston1607 2 роки тому

      True ! Even some rich men made it through investing there money in something doing and they made it.

    • @austinhay2594
      @austinhay2594 2 роки тому

      I do real estate,stock market ,forest trade and cryptosystem.

    • @johnberg7715
      @johnberg7715 2 роки тому

      The right chioce of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

    • @mikeascher3463
      @mikeascher3463 2 роки тому

      @@johnberg7715
      There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.

  • @matb1101
    @matb1101 2 роки тому +7

    Inspirational! Love to see how he keeps humble whilst he is doing so well in his professional life

  • @sweetsweet3753
    @sweetsweet3753 2 роки тому +7

    Brave vid to put yourself out there like that.. nice one!! . although your lifestyle/budget seems very much on the high side it works well for you and thats what counts.. i retired young and my spend is about $35kusd/year (i can afford to spend a lot more but i dont feel that any of the extra spend would make my life any cooler). I live in the tropics and am either barefoot or in flip flops so imagine how much $$ i save on shoes..

  • @DavidNassau
    @DavidNassau 2 роки тому +5

    1:30 - You become what you focus on, and like the people you surround yourself with! This guy had an amazing foundation and clearly surrounds himself with people with similar values - good for him!!😎👍

  • @gilbertnicholas1582
    @gilbertnicholas1582 2 роки тому +1

    This is a good one Dude has a good balance of investing and also living a little while making good money

  • @TheHippie60
    @TheHippie60 2 роки тому +42

    Is he single? I’m liking his vibe 😮‍💨😉

  • @CourtneyLaBree
    @CourtneyLaBree 2 роки тому +8

    Graham is going to love this guy!

  • @michaeldeng1981
    @michaeldeng1981 2 роки тому +7

    A typical European gentleman

  • @89itis
    @89itis 2 роки тому +1

    Ladies, stop dreaming! This guy is not for you.

  • @duancoviero9759
    @duancoviero9759 2 роки тому +3

    My lord, too bad they can't find more relatable people for this little show.

  • @saami9606
    @saami9606 2 роки тому +11

    I've always wanted to see one from the UK, since I'm from here too so thanks x