Earning $25,000 vs. $25,000,000 Lifestyles, Compared
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What does it looks like to earn $25,000 a year vs. $25,000,000 a year? Let me show you.
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— VIDEO CHAPTERS —
00:00 Intro
00:30 25K
07:37 40K
10:15 100K
13:51 1 Million
18:54 25 Million
About:
Johnny Harris is an Emmy-winning independent journalist and contributor to the New York Times. Based in Washington, DC, Harris reports on interesting trends and stories domestically and around the globe, publishing to his audience of over 5 million on Youtube. Harris produced and hosted the twice Emmy-nominated series Borders for Vox Media. His visual style blends motion graphics with cinematic videography to create content that explains complex issues in relatable ways.
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36 Comments
Thanks for watching! Make sure to also check out our most recent video on Kurdistan: https://youtu.be/H3VvJRKZFHc?si=2l6vGYlB0Lu8g3K4
Amazing video. Really enjoyed it.
Then your cheap car needs new tires but you can't afford them so you drive it anyway and then get a ticket for being out of inspection now you really can't afford to fix it and you can't afford the ticket so you don't pay it then your license gets suspended and you get another ticket for that. Being poor is almost always a one way spiral to poorer.
I love how his attitude and expressions changed with cash flow 😅
This was an excellent video until the last minute, when it turned into commie bullshit.
Started well, but I kept waiting and waiting for the explanation, and you never did it. All of this and you never brought up inflation and government spending. My parents had 6 kids, mostly on my mom's teacher salary in the 60s. That's impossible now, and it's all because of gov spending
13:00 wow I realized I may not make $100k but I'm living pretty similar to making that
Only watched to see how Robert spends his money 💰 🎉
Best video i have ever seen.
With 100.000$ income a year, you are closer to a homless person than to the top 1%, let that sink in 🤯
I feel for the first two people… the $100,000 and up, making more doesn't inherently mean you HAVE to spend more.
Just wasted 10 minutes of my life to see the obvious, didn’t spent more time cuz I skipped parts of the video
I was below that $25k bracket for a time. If you want to make it out, there are many ways of doing so. Many opportunities. In-state Community college is typically affordable. There are many Vocational and certifications you can acquire for low cost as well. This will certainly help you to make extra income. Financial Aid programs will cover majority if not all of the cost.
You will have to work hard and have heart for a year of 2 but I say the rest of your life is more important.
Also there are entry level jobs that pay well such as police, firefighters, or Military and many more.
Your monthly budgets don’t include enough savings. Responsible people making $100K+ save a lot (or should).
I have 3 kids. People who have 3 kids earn same salary like everyone. Imagine I earn 100k, now all the family live like someone who earn 50K.
Thank the Fed for this increasing gap between rich and poor!
25m version of him looks like jd vance
The system isn’t working for anyone other than people who visited Epstein Island.
Do this for the UK, super interesting
People should absolutely refuse to work at jobs that do not cover their cost of living. It is their civic duty not to. Labor is a cost of doing business, if a company cannot cover that cost then it should not be in business.
It's really that simple. If the federal government raises the minimum wage to "a minimum living wage" in Manhattan, NY it will cause poverty in Abilene, TX because the cost of real estate in Manhattan is so much higher than it is in Abilene. So, business' in Abilene would go out of business and the city will fail like Detroit has.
Hopefully I can be like Tim (100k) or Noah (1m) someday.
Maybe I should start taking care of my health and manage my money.
Yah know, I never thought I was a hater, but listening to the $25+ lifestyle had my blood boiling
As a resident of Atlanta I feel compelled to comment on the section at 3:10 talking about lack of access to fresh food/grocery stores.
That Maps screenshot is missing A LOT of grocery options in the Atlanta area, specifically Kroger, Walmart and Publix. I don't want to downplay the plight of people living in food deserts or who are lower income, but that screenshot is slightly misleading. I know for a fact that there are much more options than that screenshot shows (I live right near Candler Park Market where there is a Kroger just 3-5 minutes away)
This was depressing
28:50 Finally someone noticed this. People often think a strong economy can be represented with a massive net worth like a billionaire, wrong. It's the action of trade between producers and customers that makes an economy, more trade means stronger businesses and a strong economy. But when all those people who would otherwise trade are struggling just to survive fail to buy things, those businesses they can't buy from anymore also suffer.
What you're left with is a highly unstable economy completely monopolized by a handful of people. All the stores, housing, schools, even the government all surround and support one or a handful of uber wealthy individuals, feudalism essentially.
I'm looking for a man in finance 😂
Great and eye opening video!
That Reagan dude like screw things up eh?
Next we need a europe version
One hole I saw in this was you used income data from 2019. That's not great because median income has increased by like 10k since then.
Overall, this was an interesting case study.
Nicely done video! This is happening everywhere… UK is my home country and the fallout there is starting to get serious. Unfortunately people don't realise it's largely down to wealth inequality and prefer to blame immigrants.
I now live in europe where the inequality is not as stark as UK / US but it's also on the rise and lives are tough for an increasing number of people.
The working classes need to realise where the problem lies in order to fix it… thanks for informing people.
Peace
It's crazy to me how the 25 million earners create the world that all of the 100k or less live in. Many of those companies are ones that we interact with everyday. It's like a financial tower of babylon. Humans are strange, man.
This video is making me so fucking sad
Watching this feeling like George. I’m stuck 😢
It's expensive just to breathe
Thank you so much for this! My mission in life is to improve wealth and health accessibility for all. This is all politicians on both sides should be talking about. It’s core to every major social problem.