How to Get RICH from Coding

Ғылым және технология

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When you think about getting rich from coding, what comes to mind? Creating the next big start-up idea? Building a mobile app? Running a freelance business? These are all ways one could possibly get rich from coding, however, the probability that any random developer makes millions of dollars in their life from one of these endeavors is slim. Matter of fact, the way the average programmer can get rich with programming is much more simple.
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Timestamps:
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0. Intro: (0:00)
1. How the average programmer gets rich with coding: (2:13)
2. Investing: (2:56)
3. Getting big raises as a developer: (5:18)
4. Managing lifestyle creep: (8:23)

Пікірлер: 182

  • @addd21323
    @addd21323 Жыл бұрын

    I started in tech about 10 years ago making $12.75/hour at my first IT job and about a year ago I joined a big tech company and started making roughly $350-400k depending on how my company's stocks do. Prior to working in tech I was a college flunk out who worked in fast food making minimum wage and didn't know anything about coding. I'm average at math and didn't learn to code until I was about 28. I think it's important to realize there's a lot of different paths to getting to big tech and it's only unachievable for those that don't try. I know plenty of people smarter than me who I've met throughout my career who still make $150k~ because they refuse to even apply to these places because they're "not ready" or believe they're not "good enough". Don't limit yourself!

  • @safashaikh2894

    @safashaikh2894

    Жыл бұрын

    How did you learn coding and what was your 10 year path

  • @Techbro001

    @Techbro001

    Жыл бұрын

    Nice write up my bro✅

  • @iscriptonleague

    @iscriptonleague

    Жыл бұрын

    Ty for motivation! What language do you code in ?

  • @franciscosalcido8951

    @franciscosalcido8951

    Жыл бұрын

    Great comment. I'm 28 and just started to learn IT/code. Hearing you start at the same age for a career change makes it feel less intimidating. Thank you!

  • @panoskent6682

    @panoskent6682

    Жыл бұрын

    Do you also own company stocks? What exactly do you mean by IT job? Web designer, AI etc?

  • @lawrencefitzgerald4744
    @lawrencefitzgerald4744 Жыл бұрын

    There's an old saying, "Wisdom is wasted on youth". We all have learned lessons that we wish we learned earlier in life. The most important thing is that you learned the lesson and you took it to heart. Thank you for sharing your wisdom and experience with the rest of the world.

  • @nlulz6267
    @nlulz6267 Жыл бұрын

    Thank you Kenny! Huge thank you for keeping all of us hopeful for the better future and motivating us to get better! Viele Danke!

  • @jesseburstrom5920
    @jesseburstrom5920 Жыл бұрын

    I'm into 8 month(including 3 month internship) of software engineering work and as you say one makes good money but it takes time to adjust to new lifestyle. I adopt a better get as much fundamentals good as possible in any order and go for stability, the long run game. Then when one have also many more things of the equation one have all the fundamentals as well not just money and fame. I'm still nervous about messing it up since yes i'm smart but also sometimes impulsive, something I work alot with. All and all I go for the it matters how things end up more than the road or what one thinks getting there. (cool if you can have all ok but still...) Thank you for inspiring channel!

  • @TiffInTech
    @TiffInTech Жыл бұрын

    Loved this video! Especially "lifestyle creep" such a good point.

  • @BrianTaylor541
    @BrianTaylor541 Жыл бұрын

    Kenny, you're the man. I'm 29 and just started to wrap my head around front-end development. Excited for the future of technology, as well as my knowledge and career.

  • @BrianTaylor541

    @BrianTaylor541

    Жыл бұрын

    @@earthtomemphis ?

  • @Gorillazz-hd8hr

    @Gorillazz-hd8hr

    Жыл бұрын

    AI will replace 90% of developers so think twice is it worth of loosing time for it?

  • @wannabedev6871

    @wannabedev6871

    Жыл бұрын

    @@Gorillazz-hd8hr Yeah, you should run and hide form AI. More space for us 😘

  • @adamspice9076

    @adamspice9076

    11 ай бұрын

    @@Gorillazz-hd8hr not really bro

  • @codeallnight56514

    @codeallnight56514

    10 ай бұрын

    ​@@Gorillazz-hd8hrwhatever excuse you need to tell yourself for quitting bro

  • @mitsk2002
    @mitsk20029 ай бұрын

    Incredibly helpful and inspiring. Thank you for those two book resources, and the encouragement to invest, and the warning about lifestyle creep.

  • @ericrichard4940
    @ericrichard4940 Жыл бұрын

    The kind of advice I was looking for. This was truthful and useful. Im subscribing.

  • @creaky2436
    @creaky2436 Жыл бұрын

    I been coding for 6 years just as a passionate hobby and finally going to university of Utahs coding boot camp to get my certificate! I absolutely love building things. I’m not looking to be rich, but well off just doing what I love man! Life’s too short

  • @crystal14w
    @crystal14w11 ай бұрын

    Can’t wait to see your next video 👏 I am thinking about the starting your own business route. The lifestyle creep is very true. Hopefully people realize it before spending too much 💰

  • @jmp0207
    @jmp0207 Жыл бұрын

    Love your videos Kenny! Keep up the great work!!

  • @ColeHastings
    @ColeHastings Жыл бұрын

    That opening shot is a masterclass in cinematography. Absolutely beautiful

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    I literally told Allison “Yo film this road” while I was driving lmao

  • @ColeHastings

    @ColeHastings

    Жыл бұрын

    @@kennygunderman Allison? You mean Christopher Nolan?

  • @anikevin
    @anikevin Жыл бұрын

    It's reassuring hearing from you that one can start low and then climb to 6 figures. I'm looking for new grad roles and it looks almost impossible to start at 6 figures if it's not Big Tech.

  • @tabathia7633

    @tabathia7633

    Жыл бұрын

    Kevin: Isn't that the best news. It is good to encourage each other during these difficult times.

  • @tomiinai
    @tomiinai Жыл бұрын

    You're just too real man. Genuine and original points made. And BTW, new studio apartment or just a different camera angle?

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    Same apt, diff angle

  • @BazieleSaah
    @BazieleSaah Жыл бұрын

    THanks alot mate, this video really opened my eyes. God bless :)

  • @mikerossvisuals
    @mikerossvisuals Жыл бұрын

    Thanks for making this!

  • @moessyd
    @moessyd6 ай бұрын

    This is great video man, Thnx ❤

  • @gabrielfono844
    @gabrielfono844 Жыл бұрын

    thanks so much I am still new in my career and it isi my first year. thanks for sharing your advice

  • @gedeonchrist5645
    @gedeonchrist5645 Жыл бұрын

    I Can relate bro. Great video!

  • @PaulSebastianM
    @PaulSebastianM Жыл бұрын

    Release early. Iterate. Be agile. Don't scale up unless you have to. Be a Company of One, like Paul Jarvis says.

  • @hafisharis1615
    @hafisharis1615 Жыл бұрын

    could you do a video about investing alone? like the startups and stuff? ❤

  • @tumisanejoseph6883
    @tumisanejoseph6883 Жыл бұрын

    I really needed to hear this Im driving a big Ford Truck and I am paying more on it compared to my house I am thinking of down grading.

  • @whiskey4609
    @whiskey46096 ай бұрын

    I enjoyed this video, can you do more finance videos? Super helpful to think about this way. Love to hear about long term investments and strategies and simple ways to do this for clear attainable long term goals.

  • @mohdjibly6184
    @mohdjibly6184 Жыл бұрын

    Great insights…thank you for sharing…newly subscribed 😊

  • @ilkrsrc081
    @ilkrsrc081 Жыл бұрын

    I would like to see a video where you talk about how GPT-4 and other AI stuff will affect developers, it would be great to hear an opinion from you.

  • @Adam-nw1vy

    @Adam-nw1vy

    Жыл бұрын

    I agree. I feel like this is absolutely not the time to talk about getting rich from coding. Almost everyday a new AI tool is being released that increases the likelihood of developers getting replaced.

  • @ilkrsrc081

    @ilkrsrc081

    Жыл бұрын

    @@Adam-nw1vy Yep, even if AI won't replace developers entirely, it will make this job easier and easier to the point that even a monkey can code at some point, which makes developers very very cheap.

  • @Ivcota

    @Ivcota

    Жыл бұрын

    @@Adam-nw1vy he already made a video

  • @jorge.minakata

    @jorge.minakata

    Жыл бұрын

    If your not good coding you are gonna be replace, if you good you are gonna use it as a tool, thats it

  • @Ivcota

    @Ivcota

    Жыл бұрын

    @@jorge.minakata yep and then we have systems design -> lot of developers only spend like 30% of their time coding (70% solving novel problems)

  • @carsongutierrez7072
    @carsongutierrez7072 Жыл бұрын

    Cheers Kenny! Thank you!

  • @ChaoticAuthority
    @ChaoticAuthority Жыл бұрын

    Could you make a video on how to become a remote developer working from another country, and essentially take advantage of purchasing power parity. Think living in Wyoming on a NY salary but on an international level.

  • @Khubaiblj

    @Khubaiblj

    2 ай бұрын

    Is working as a remote software engineer from another country even possible?

  • @cbbcbb6803
    @cbbcbb6803 Жыл бұрын

    Very useful. I'll pass it on.

  • @Vorenus875
    @Vorenus875 Жыл бұрын

    This is honestly really great advice man. I started a web design & development company with a SEO friend of mine. I made really good money from 2008 on thinking I was well paid as all the tech and landscape of modern moved way beyond me. I clearly remember a peer brought up Git while I was still FTPing whole WordPress deployments. You don’t want to be that guy. It’s basically the I learned “you shouldn’t be the smartest developer in the room” situation when it comes to learning to grow in your career in the tech industry.

  • @Caroldissee
    @Caroldissee Жыл бұрын

    i'm a brazilian backend developer and damn i fell underpaid. Thank you for the video, im on my way to get a better job because i know that i deserve

  • @cbbcbb6803
    @cbbcbb6803 Жыл бұрын

    I think more reasonable salary ranges to start with would be from $50 to $100. But this video is good. Very good!

  • @willsnowboard4life
    @willsnowboard4life Жыл бұрын

    Awesome video and message! Is there something to learning legacy software because some companies won't adopt new tech so it will be an in demand skill?

  • @Capristar
    @Capristar Жыл бұрын

    I'm in my early 30s now and I'm attempting to build a career in the IT field. Not sure how I'll do, we'll see. Still struggling as I have zero background in this field nor am I good with math. Currently an unemployed sore loser too. But hey, I won't give up. I hope one day I'll make it but hopefully it is not too late or I'll be damned.

  • @juandsoto1651
    @juandsoto1651 Жыл бұрын

    Great video! Would you be interested in telling us how you work in a normal day.

  • @JordanRossClark
    @JordanRossClark Жыл бұрын

    The Simple Path To Wealth is an excellent book! I Will Teach You To Be Rich by Ramit Sethi is also a great book! The title turned me off at first but it's actually really good. He discusses what you touched on at the end of this video which is to avoid buying useless shit (lifestyle creep) and spend your money on what brings you value. It's a solid read.

  • @paologreco9412
    @paologreco9412 Жыл бұрын

    Hi Kenny, and thank you for the endless tips & tricks that you're sharing, they're really informative and useful for a newbie. May I ask you a piece of advice regarding the specs of my first laptop now that I'm starting my journey to become a coder? I will start with the basics and then moving to Python, hopefully towards the realm of machine learning; is a laptop with a Ryzen 5 5625u six core with 16gb ram enough? Or should I start with at least 8 cores? And do I need a graphic card?

  • @rogeliopalomo8253

    @rogeliopalomo8253

    Жыл бұрын

    Ryzen 5 with 16gb is absolutely great for coding or programming especially Python. Even if you use this for game development, it is also sufficient enough. You do need a graphic card with at least 4gb and up of its own memory. Don't get a computer that has a built in graphic card otherwise it will hug your main memory and that will slow down your computer or laptop.

  • @taimurahmad

    @taimurahmad

    11 ай бұрын

    i am opting forn 32 gb but 16 is good. I am into app development

  • @yolkyhorizon
    @yolkyhorizon Жыл бұрын

    Since I am 15 and I like coding, I believe I will make it because I usually say to most people "If you lose weight, you can do anything" because the amount of people who go on "weight loss", only less than 1% succeed. I succeeded. As my favourite bald man's brother said, "You are 17, cut out videogames, cut out sleep...", I cut out everything from my life. After the national exams I have, I will go fully monk mode. When I say I will do something at "x" time, I mean it, I have done it before. I have to pass the exams with good grades and enter a high-school of my moms liking because my family's happiness is more important than mine, as long as my mom is happy, I can 100% continue coding. When it comes to the financial aspect of life, I have to say, firstly, I have to focus on the coding aspect first. Secondly, I am just 15 at the moment, I do not have money YET.

  • @arsnakehert

    @arsnakehert

    Жыл бұрын

    Based Keep working on yourself and you will reach places, my man

  • @yolkyhorizon

    @yolkyhorizon

    Жыл бұрын

    @@arsnakehert Thank you

  • @perrtburtop3146

    @perrtburtop3146

    Жыл бұрын

    maybe do a vlog on your channel would love to see how well it goes

  • @yolkyhorizon

    @yolkyhorizon

    Жыл бұрын

    @@perrtburtop3146 i started a new channel, 「 kzread.info/dron/7w3yB5c08NRrLBA9m38jyA.html 」maybe in the future ill post on it but i want to become better in my field

  • @markoskarabinakis1284

    @markoskarabinakis1284

    Жыл бұрын

    You are 15 my guy .. you are gonna burn out really fucking quick . I am now 19 and i used to be almost just like you at 15 , but even though i am young still , i have come to realise that life is much more than grinding to become an andrew tate or w/e .. life is a lot more than that , and sure you wanna work towards something but , like the ancient greeks said , everything needs to have a limit ( παν μετρον αριστον ) . Meaning too much of anything is bad for you . Dont go into that " monk mode " as you call it or "cut out videogames and sleep " . Discipline yourself but also learn to enjoy yourself .. Maybe you are too young and foolish to understand this from now , but i hope you get it soon and not when you are in your late 20s or 30s

  • @Luxury.Famous
    @Luxury.Famous8 ай бұрын

    congrats man

  • @chucknorris6447
    @chucknorris6447 Жыл бұрын

    Ok but how and where to invest? This the problem many people have about this topic, we have the money but we dont know how to invest it. A video about that topic would be great! Keep it up

  • @notryharder1521
    @notryharder1521 Жыл бұрын

    Hey Kenny, thank you for sharing all this information with us. Would it be possible if you could recommend me a good java course or udemy?

  • @CamaguNcoso
    @CamaguNcoso Жыл бұрын

    I've started a web development course this month

  • @harisharris5902
    @harisharris5902 Жыл бұрын

    7:14 great point

  • @franmati9
    @franmati9 Жыл бұрын

    Great video but the point of making a start up is to be self employed. You are mostly talking about salary here, and although some jobs are remote. Having your own company is also a great way to go.

  • @muhamedhashim6694
    @muhamedhashim6694 Жыл бұрын

    Thank you man

  • @ScarletRender
    @ScarletRender Жыл бұрын

    I think while investing is a good move, you should also have good enough savings in case you need money immediately. This way you don't have to be dealing with withdrawing from your investments

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    Absolutely

  • @frank8278
    @frank8278 Жыл бұрын

    Stocks are by far the slowest investing tool with the smallest risk reward ratio.

  • @BigHeadAvenger
    @BigHeadAvenger Жыл бұрын

    Sage advice.

  • @rabco-qd3lj
    @rabco-qd3lj Жыл бұрын

    Great content

  • @alexrowe9638
    @alexrowe9638 Жыл бұрын

    S&P 500 tanked in value nearly 20% this year, are you sure about that kind of investment ? Investing in S&P500 makes top 500 companies have more stability but since the economy is in a problem, it fails to compensate so it cascaded down anyway.

  • @korigocrazy2262

    @korigocrazy2262

    Жыл бұрын

    For the long run fam.

  • @LuckyPkerz

    @LuckyPkerz

    3 күн бұрын

    Perfect time to invest

  • @trailin_yt
    @trailin_yt Жыл бұрын

    Good video 👌

  • @greysonbennett6788
    @greysonbennett6788 Жыл бұрын

    We're seeing those huge salary cuts. Gone are the days of high TC with things like chat gpt.

  • @tengamangapiu
    @tengamangapiu8 ай бұрын

    4:15 in this scenario he's putting $3250 every month (not just his first paycheck), and also assuming a high return rate of 8% thoughout the period (some big funds in 2022 had -22% for example).

  • @kimdev11
    @kimdev11 Жыл бұрын

    Thanks for saving me brother

  • @trynabejwee.
    @trynabejwee. Жыл бұрын

    love this video

  • @callous21
    @callous21 Жыл бұрын

    With $1M in stocks you'll be making $50k in dividends. You can diversify and invest in some rental properties.

  • @tuckertech
    @tuckertech Жыл бұрын

    55k? Is that normal for an entry level job?

  • @syuhadaramadhan8246
    @syuhadaramadhan8246 Жыл бұрын

    Hello, Thanks for your video, it's helped me a lot. In April, I will be 30 years old. Is it too late for me to study and start a career in web development?

  • @ledilemphasha9877

    @ledilemphasha9877

    Жыл бұрын

    Never too late.

  • @adinshhh4378
    @adinshhh4378 Жыл бұрын

    i just have 1 question that always play in my mind. Can you tell me how foreign people to get remote job in Big Tech? or job in US.

  • @magic_fruit_bat5003
    @magic_fruit_bat5003 Жыл бұрын

    If y’all are intimidated by AGI and AI taking your jobs; then do what all these devs are doing - create a KZread channel with ad revenue, create a course; and open a patreon. You’ll be set 😉

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    True, I just need a course and a patreon now then I’ll be all set

  • @magic_fruit_bat5003

    @magic_fruit_bat5003

    Жыл бұрын

    @@kennygunderman that’s what I’m talking about dude 😎 passive income is a beautiful thang 🙂

  • @floramerano6293
    @floramerano6293 Жыл бұрын

    Heyy we use the same investment calculator lol. Anyway you could also invest in Bitcoin which is riskier but it all comes down to your ideology. If you're for decentralized financed then invest in crypto. If you want to escape inflation then invest in crypto.

  • @Jadis-dt8fv
    @Jadis-dt8fv Жыл бұрын

    Very good

  • @zakaryamunel5577
    @zakaryamunel55773 ай бұрын

    The chances of getting rich aren't slim with coders. Simply create something that's autonomous while not working under a company. If you're going the employment/career direction then consider yourself an employee and not be considered "rich" as your income depends on employment; rather living comfortably under stress. [To me, that's not rich]. Investing into stocks, and waiting 10yrs for $1mill isn't "rich" either as a million dollars doesn't mean you're rich while if you have no assets/passive income freeing you from the employment need. Rich is generating high monthly passive income without you doing any work. Meaning, you create something (An AI Trading Algo)(Cough), and own liquid assets (land plots) (cough) (Obtain Real Estate License) and have it generate you around $30k - $90k per month, hence you're not working for anyone, nor have a need to depend on any employer/company for income.

  • @bev8200
    @bev8200 Жыл бұрын

    I’ll probably never get rich from it but i would like to have a decent savings account some day.

  • @hoochill
    @hoochill Жыл бұрын

    only in america and canada

  • @mayank4156
    @mayank4156 Жыл бұрын

    I'm poor and learning coding to change that.

  • @natgenesis5038
    @natgenesis5038 Жыл бұрын

    I’m 25 years old is it too late to learn how to code from scratch????

  • @egm5081
    @egm5081 Жыл бұрын

    Bro big tech companies are firing people, have you had in consideration that there are some countries creating their own currency to go away from dollar?

  • @andreymihailow
    @andreymihailow9 ай бұрын

    Investing 3250 USD per month as a developer. Man, in Europe, that's your whole net salary, 3250 EUR

  • @emirturkoglu6752

    @emirturkoglu6752

    9 ай бұрын

    its around 700 dollars in turkey for a senior dev after taxes

  • @JoshuaFluke1
    @JoshuaFluke1 Жыл бұрын

    Lets go

  • @KILLCHRISU

    @KILLCHRISU

    Жыл бұрын

    W josh appearance

  • @JoshuaFluke1

    @JoshuaFluke1

    Жыл бұрын

    @@KILLCHRISU Sh it's not about me, it's about kenny. He still codes. I just rant in my room ok.

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    Where we goin?

  • @IsrarAhmed-bi6mg
    @IsrarAhmed-bi6mg Жыл бұрын

    I am just thinking to quit programming after watching videos that AI will replace us completely.

  • @kennygunderman

    @kennygunderman

    Жыл бұрын

    What would you do if you quit programming?

  • @shaikh.quadeer

    @shaikh.quadeer

    Жыл бұрын

    @@kennygunderman watching programming videos for years 🤣

  • @omfgihopethisworks

    @omfgihopethisworks

    Жыл бұрын

    ​@@kennygunderman Onlyfans

  • @adamspice9076
    @adamspice9076 Жыл бұрын

    and your expenses?

  • @lloydbrown9207
    @lloydbrown9207 Жыл бұрын

    An 8% return over 10 years seems pretty unlikely

  • @max_ishere
    @max_ishere Жыл бұрын

    I expected this to be a topic of a CoffeeZilla video, but the advice is really sound and I learned kinda nothing as in I already know all this and try to implement it. Not super successful at keeping my expenses low, but I think it's ok.

  • @glenmacdonald3477
    @glenmacdonald34778 ай бұрын

    "How to get rich from Coding" - Get employed to do coding and be financially prudent.

  • @_andry
    @_andry Жыл бұрын

    Sounds like a summary of how to get rich book from the 90ies. Not applicable nowadays.

  • @acompanytrading
    @acompanytrading Жыл бұрын

    Hello, my friend, I am from Iraq, and I need to work remotely in any country, because we do not have companies in Iraq specialized in programming. I hold an international certificate documented by a famous company, and I learned a lot in the Python language, and I need a job. I hope you can help me, my friend.

  • @crazywealth
    @crazywealth Жыл бұрын

    so i have to ask. I assume everyone felt lost at the start of the coding journey eh? School is destroying my ass (Java class is making my brain hurt :( )

  • @hakimbk-fn5cd
    @hakimbk-fn5cd Жыл бұрын

    i have a question : if a bus hit you tomorrow ? what will happen ? where will you go ? all that life gonna end like it wasn't ? I REALLY don't belive that ? may GOD guide us all to his path .

  • @yunus5949
    @yunus5949 Жыл бұрын

    As a developer, you can't be rich as we know it.

  • @FightClubYT
    @FightClubYT Жыл бұрын

    Invest in what though? isnt the stock market cooked

  • @jvfr-
    @jvfr- Жыл бұрын

    just be overemployed working for 2 international companies living in a 3rd world country like brazil. done.

  • @user-gg9wo6bn1v
    @user-gg9wo6bn1v Жыл бұрын

    some points of the video: 1. invest your rest money, you can easily get an average return from the stock market(if you don't believe it, you can read the book named "The intelligent investor") 2. Don't raise your consumption level when your income increases, then you can invest more money, 3. Poor people buy debt, rich people buy assets. Your rest money should be invested assets instead of spending it on the enjoyable consumption such as buy a car, living in a 5 star hotel to have a holiday (you can read these simple principles in the book "Rich dad, poor dad: what the rich teach their kids about money-that the poor and middle class do not!") 4. improve your coding levels

  • @user-gg9wo6bn1v

    @user-gg9wo6bn1v

    Жыл бұрын

    If you want to invest in stocks to obtain average returns, just invest in index funds such as the Standard&Poor's 500, as KZread says

  • @Hamcap57
    @Hamcap57 Жыл бұрын

    I know a guy that landed 100k+ QA position after 6 months of BootCamp. You talking about after 3 years? You kidding right?

  • @Hamcap57

    @Hamcap57

    Жыл бұрын

    @@zaandam0172 It tells me personally that it depends on how you can "sell yourself"

  • @michielarkema

    @michielarkema

    Жыл бұрын

    @@Hamcap57 Exactly lol. 99% of people suck at selling themselves and are the ones being 'interviewed'. Instead, you need to become the interviewer

  • @ode234

    @ode234

    Жыл бұрын

    ​@@Hamcap57 Or cap. Unless he's had some prior knowledge in programming before boot camp

  • @kaycampbell364

    @kaycampbell364

    Жыл бұрын

    What bootcamp was that please

  • @spleenware
    @spleenware Жыл бұрын

    An 8% yield in a portfolio won't even keep up with inflation.

  • @bo_0ss
    @bo_0ss Жыл бұрын

    awesome

  • @michielarkema
    @michielarkema Жыл бұрын

    YOU shouldn't invest in stocks, crypto, index funds, etc unless you can drop in a few million dollars at once. This is because you are putting money into a market that you have no control over which is DEATH by a thousand cuts. Instead, go invest in things that give an instant ROI (Return On Investment), such as books, courses, mentors, coaches, etc etc etc. Besides that, the average return from an index fund is around 7% (Doesn't include inflation) which means that you have to wait 40-50 years to get some profit (Talking about wasting time). PS - I learned this from millionaire entrepreneurs themselves.

  • @RA-xx4mz
    @RA-xx4mz11 ай бұрын

    That thumbnail… people still use Class components? I mean, I do, because my work’s code base is old af, but normal people using class components?

  • @kennygunderman

    @kennygunderman

    11 ай бұрын

    Only use class components for KZread thumbnails

  • @francisco1495
    @francisco1495 Жыл бұрын

    get a remote job and move to a country with much lower cost of living. instantly rich

  • @thirsty3333
    @thirsty3333 Жыл бұрын

    Dam my mortgage is 3k 😐

  • @TheBlackManMythLegend
    @TheBlackManMythLegend Жыл бұрын

    if you are an average programmer become an excellent marketer... lol it's way easier.

  • @hstivggfghyhgfg8359
    @hstivggfghyhgfg8359 Жыл бұрын

    He who speaks, does not know Lao Tzu

  • @SuperEH2393
    @SuperEH2393 Жыл бұрын

    GPT 6-8 when they come out will take over entry coding developer jobs maybe even mid level jobs. You guys are all going to be out of work.

  • @floramerano6293
    @floramerano6293 Жыл бұрын

    Getting rich from coding is boring. It's like eating your vegetables and keeping your diet clean.

  • @Gorillazz-hd8hr
    @Gorillazz-hd8hr Жыл бұрын

    5. Making motivating videos how to become rich for some loosers who wanna be rich. People don't realize yet that AI will replace most workers :/

  • @CrisCozy
    @CrisCozy Жыл бұрын

    Real Estate will always be king.

  • @mysterymanofseoul
    @mysterymanofseoul Жыл бұрын

    step 1) actually get a entry level job...

  • @calixtoandrade996
    @calixtoandrade996 Жыл бұрын

    advice no, 5: overemployed

  • @Pest87
    @Pest874 ай бұрын

    A great video. Im also investing a portion of my income into S&P500. But considering the inflation I don't think it makes you richer, it just allows you not to loose your money.

  • @momoKun2544
    @momoKun2544 Жыл бұрын

    1st ❤

  • @khalidmoustafa7155
    @khalidmoustafa7155 Жыл бұрын

    Great

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