Millionaires in Cars Getting Coffee with Humphrey Yang (
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About this episode:
Ride along as I treat Humphrey Yang, former financial advisor turned social media influencer, to a cup of Nashville’s finest coffee. We’ll break down his wealth, his investing habits, and what he really thinks of Gen Z.
Next Steps:
📗 Order George Kamel’s new book, Breaking Free From Broke. bit.ly/48d7So4
Check out the latest from Humphrey Yang: / @humphrey
🧠Keep watching Humphrey Yang, Jaspreet Singh and myself get real about life and money: • Agree To Disagree | Th...
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@humphrey 3 ай бұрын
Thanks for having me George! This was so fun. And LOL @ the Intro. How am I behind DUMPTY?
@CrimsonDrake-sl3qf 3 ай бұрын
Fair question.. Geoorge 🧐 😂
@KO-lw4lo 3 ай бұрын
I think you are fantastic Humphrey. I recommend you to my high school students.
@xotomw Ай бұрын
I thought I’m the only weird person I know who pays off credit card spendings immediately. @humphrey 😊
@catseyes8377 3 ай бұрын
Social stigma of adult kids living at home really annoys me. Asian culture is you live with parents until you get married. We also take care of our parents. And never send them to nursing homes
@i.m.7777 3 ай бұрын
I LOVE that about Asian culture!
@hydspirit 3 ай бұрын
Kids stay home with parents and dont get into debt and grow their lives and parents stay healthier longer as they care for grandkids. One generation cares for the other. This system prevents debt, stress for caring for young kids and older parents and their is no time for depression.
@vilmaaponte3380 3 ай бұрын
Hispanics too! Same
@kylehackett162 3 ай бұрын
The United States values independence and doing it on your own. If you are a man especially, living with your parents is a huge turn off to the opposite sex. Besides you can take care of your parents while also having your own place to live.
@shirleygermain5707 3 ай бұрын
Only to the kids that don't work and beg the parents for money.
@fkgalarza5363 3 ай бұрын
I wanna see Sharon Ramsey on here 😎
@larasutton1483 2 ай бұрын
I have seen other comments like this but I would love to see some everyday millionaires on your interviews. Not that other personalities aren’t real people. It would be nice to some non-KZfaqrs getting a free coffee from you! And hear theirs stories of course.
@CravenWM 3 ай бұрын
The retirement question - I retired in 2021, didn't do anything for over 2 years. Was going 'stir crazy'. Now I am doing 1099 gigs and really like it. BSM - No Debt - Work at what I want to when I want to. It's AWESOME. Wouldn't be in this position if it wasn't for the Ramsey Plan that we started in 2014!
@shibanewyork-xm4oy 2 ай бұрын
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024 Investing with Juliana Heidi
@adrienbull-eth1 2 ай бұрын
Wow that's huge, how do you make that much monthly?
@saranny-vinokurova 2 ай бұрын
Honestly? I'm so excited. Juliana Heidi strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started
@sergiorom33 2 ай бұрын
The first time we had tried, we invested $5,000 and after a week we received $23,400. That really helped us a lot to pay our bills.
@mikesusie-ck3bm 2 ай бұрын
Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to JuLiana for I and my family.🏝 🇺🇸
@TimoRodriguez-es3gv 2 ай бұрын
Wow wow please is there any way to reach her services, I work 3 jobs and trying to pay off my loan for a while now, please help me..
@aviator623 Ай бұрын
2 smart people getting coffee…love it. Thanks to Ramsey my wife and I are less than 2 years away from owning our house and being completely debt free. The stress of being debt free is so worth it. Thanks George
@robertoriosvargas9624 3 ай бұрын
Thanks for bringing Humphrey !
@theChef1337 3 ай бұрын
George just died inside when Yang ordered that donut 😂
@carrcovers3775 3 ай бұрын
😂😂 I thought the same thing
@joiev7276 2 ай бұрын
Best comment!
@peterpahor8228 3 ай бұрын
Amazing channel 👍. My aunt passed and I inherited some of her portfolio and cash savings, I'm 28 with about 400k cash in savings and as usual everyone's preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5 years from my returns
@elenab3052 3 ай бұрын
Lucky you, I’d buy a lot of tech stocks and Dividend portfolios with that.
@alpgeorge7012 3 ай бұрын
Don’t come to KZfaq looking for KZfaq advise, instead contact a fiduciary for proper guidance.
@caryishnagardner9429 3 ай бұрын
Same, I just use KZfaq for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own.
@peterpahor8228 3 ай бұрын
How do I reach out to a financial advisor? my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.
@caryishnagardner9429 3 ай бұрын
She's known as 'monicamary strigle. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@bethferback5454 3 ай бұрын
This was a great conversation. Not only did I relate to more than one habit but feel I learned as well. I do get a kick out of saving too. Great content!
@MilkyWayGalaxyKid 2 ай бұрын
Yo, George! I appreciate videos like these man! 😎 Thanks a lot! Also, thanks to the team at Ramsey that helped you put it together. God bless 🙏
@lilibethvilella 3 ай бұрын
George!! I can’t with you 😂😂😂 love your sense of humor. Plus this left us better
@yvonneluc5582 3 ай бұрын
Please have Smart Money Bro on your show. He’s a great financial advisor.
@altheaelainejaug8497 2 ай бұрын
High key love both of you and the content you guys do ❤❤❤
@brianschutt5359 3 ай бұрын
Big fan of this series! Keep it going!!
@richmondopuni2278 3 ай бұрын
You should invite Anthony O’Neal for a coffee ride 😉
@jermainerobinson7098 3 ай бұрын
Nice l enjoyed that video keep them coming 👏🏽👍🏽👊🏽
@CalmerThanYouAre1 3 ай бұрын
You could build a solid list of KZfaq finance bros to follow by just adding George’s millionaires in cars lineup. 💯
@cybertoeknee 3 ай бұрын
Changing from FIRE to FINE (Financial Independance, Next Endeavor) is more in line with what most people are doing. Making money on your own terms.
@k87upkid 3 күн бұрын
I've always said I'm kind of FIREing but FINE better captures what I'm doing.
@diannaclarke2758 Ай бұрын
Great conversation 😊
@myjoysunshine 3 ай бұрын
Love him! Great video. Thank you.❤
@jgagnon88 3 ай бұрын
I would love to see Caleb Hammer on this show!
@HeavyMetalGalamont 3 ай бұрын
Hes afraid of flying
@MTKARusty 3 ай бұрын
"flighing" Lord save us..
@HeavyMetalGalamont 3 ай бұрын
@@MTKARusty sorry English is not my first lenguaje and I recognize it was terrible :)
@micahotto 3 ай бұрын
Caleb’s net worth video at the end of 2022 said he was at about $250,000. He’s probably not quite there yet but well on the way.
@christinab9133 3 ай бұрын
Yessssssssss
@CarlGorn 2 ай бұрын
Hubert H. Humphrey, V.P. from 1965-1969. Oh, and trumpet player Humphrey Lyttleton. But as a subscriber, I liked the video anyway.
@josephpeterka6069 3 ай бұрын
Haha love the graham shoutouts
@benjamin667. 3 ай бұрын
I like this channel better than Ramsey because you have a variety of content and don’t teach a 12% withdraw rate.
@christianrodriguez5346 3 ай бұрын
I am doing the same thing after college. I have no loans and my parents want me to stay at home after graduation while I work. They want me to save and invest as much as I can. They told me I can stay as long as I like. I don’t care what others think of me if I stay at my parent’s home for some time. I would stay here until I feel I should go.
@nicolarichardson6973 3 ай бұрын
I do the same I pay my credit card up every time the balance is posted. The best advice I heard is treat your credit card like a debit card and that way you think of the cash leaving your your bank account
@thehospitalguy1657 2 ай бұрын
Awesome episode. I had no idea on the savings rate. We are up to 20% and wish we had done that years ago. Also selling stuff we don't use and saving that money.
@flyingfoxes. 3 ай бұрын
Love that he mentioned that he lived at home as an adult. Too many negative connotations about this. There’s a reason that homelessness does not exist in my country and we don’t send our elders into senior homes 😂
@lauraaquino71 Ай бұрын
George, I learn and laugh so much with your content. This video by far has been my favorite. I love you pragmatist
@SonnyChanhvongsak 3 ай бұрын
Frowning on living at home post college is a largely American stigma. It's typically the norm among immigrant families especially if you're single at the time of graduation. As well as a lot of immigrants grow up in a multigenerational household, so your parents take care of you as long as needed and when the time comes when they need help you do the same ie your parents will live with you baring needing assisted care or something along those lines
@republicunited2183 3 ай бұрын
I told my kids to stay home and save.
@SonnyChanhvongsak 3 ай бұрын
@@republicunited2183 My parents encouraged it as well since I work in IT and can work remotely. They just told me that I had to "pay" them ~1.5k a month that they would put into a bank account I can't touch and return it to me when I want to buy a house. So once I did buy a house I had the full 20% down payment and I was already conditioned to the expenses of a mortgage, utilities, etc
@SonnyChanhvongsak 3 ай бұрын
@@republicunited2183 My parents actively encouraged it seeing as I work in IT and work remotely. They just told me that I had to pay them ~1.5k a month which they would return to me once I decide to buy a house. Once I did choose to buy a house I had 35% of the house in cash so I put 20% down and the rest to furnish the house and an emergency fund. And since I was already paying a simulated mortgage I was already conditioned to the expenses that come with a household
@seth_godwin 3 ай бұрын
Wonderful episode!! I had to do a double take when I heard my name though😂 Thanks for the shoutout, George! That was a fun livestream 😁
@christinehopping5040 3 ай бұрын
I'm single income living in California on a clerk salary with > $1 million net worth. I own a house, debt free, and a 98 Camry paid cash $5K. Everyone can be a millionaire in America. It's the BEST country in the world.
@isaiahayers1550 3 ай бұрын
Everyone can? Not even close to being true
@ogre706 3 ай бұрын
If everyone in America became a millionaire it would mean inflation hit 1000%.
@manusmanus1836 3 ай бұрын
Yes, everyone can, came from Africa 30 yrs ago with nothing. Made many mistakes but was still able to turn things around after 2012. Net-worth now above 1.8. That is excluding what my better half has in her own 401k. We are above 3. Thank God for America.❤
@republicunited2183 3 ай бұрын
Amen, do we don’t need/want the left turning us into a communist country. God Bless America.
@sussannekeith5676 3 ай бұрын
Yes they can… you have to want it😊
@christinab9133 3 ай бұрын
Loving this series ❤❤❤
@USMCHelloKitty 3 ай бұрын
Humphrey is more disciplined than all those with credit cards
@h.s.levine2932 2 ай бұрын
Although his paying them off every 3 days isn’t as good as keeping the funds in an interest-bearing account for 20-30 days before paying them off. It’s basically an interest-free loan from the credit card.
@ethanhumphrey9219 3 ай бұрын
I come from a long line of Humphreys!
@AviSpira 3 ай бұрын
Love this series, keep it up!!
@BeerStearns 2 ай бұрын
We cant commit to one employer anymore because they won't give raises to market pay or invest in training. You have to learn something new and then move jobs to get your market value.
@timprussell 2 ай бұрын
The always be buying approach is tried and true.
@panzer_TZ 3 ай бұрын
Another example of why Dave's statement that "most millionaires don't inherit money" is misleading. If we all had financial literacy at a young age, a super high salary at a young age, and could stay at home until 34, we would all be millionaires. I literally had to teach my parents about credit and finance. Good for Yang, but it is what it is.
@isaiahayers1550 3 ай бұрын
Absolutely. It usually takes a lot of privilege and good fortune that most people don't have.
@deelehey2827 3 ай бұрын
Hard work is the key….not privilege or luck.
@guccithunder6136 3 ай бұрын
Inheriting vs Having Help are two different things. Inherit=Getting something. He didn’t inherit his Money. He worked for it. It’s no different than getting 5 different roommates to save money on expenses.
@matt9741 3 ай бұрын
All of the above *CAN* help you get there faster and easier, but you can still get there all on your own.
@isiah675 3 ай бұрын
If your parents don't want you living with them get a cheap place with a bunch of roommates there's always a solution if you look for it
@EdgarVerona 3 ай бұрын
I feel that. Had my car for 18 years and counting. By far my biggest contributor to FI aside from my savings rate.
@Daph2023 3 ай бұрын
This ❤coffee talk was a real nice one. I like hearing how Humphrey has no debt, pays his credit card off in days, bought a used car…realized to pay it off instead of continuing payments, and his ratios of his portfolio. I really want to learn more about what to invest my money in like Fidelity or Charles Schwab…
@dianeathoacardinalridge8788 3 ай бұрын
ETFs,no/low loess mutual funds focused on growth, growth and income(dividends) and a little international.
@dianncotterell5531 3 ай бұрын
I didn't buy new dressy clothing for more than 6 years. I will buy some pieces by the end of the year. The funds will come from my clothing sinking fund. I want to build wealth.
@coletrain9173 3 ай бұрын
Hows the baby George? Hope all is well in the Kamel house. God bless
@christinab9133 3 ай бұрын
Frugal Fit Mom Christine would be awesome ❤❤❤
@pete5691 3 ай бұрын
While I admire the saving habits, one of the sacrifices is a family with children. Especially if he were a woman, he would be nearing infertility.
@EricsonHerbas 3 ай бұрын
My two favorite financial HOTTIES. Great to see the two of you together. Been following your channels for the past two years. Thanks for all the good financial advice.
@filipinoguy5037 3 ай бұрын
Brian Preston or Bo! The Money Guy show cast would be great
@0xModene 2 ай бұрын
Good news! They've already been on
@ethanwilliams8212 3 ай бұрын
I want to see some random "Baby Steps Millionaire". Someone who has just gotten there and still can't quite believe it.
@jonm.678 3 ай бұрын
Living at home is a huge benefit if you can swing it. I lived at home after college and still do but plan to move out soon. Not having to pay massive rent allows for so much more flexibility in your budget. It helped me get debt free and kick off my investments. Do not be shamed into not living at home!
@angievol09 3 ай бұрын
Would be cool to see one of the 'everyday millionaires' that have called into the Ramsey show on one of these!
@VascoP7 3 ай бұрын
Love to be apart of this channel! Keep it up
@banksy1311 3 ай бұрын
I love Humphrey! Great collab ❤
@artat777 3 ай бұрын
I absolutely love your videos! You are the man!
@ninerknight5351 3 ай бұрын
This episode strikes my ego. I have twice the net worth of Humphrey and I was homeless at 15. If I had a loving family I could’ve lived with, my net worth would easily be double or triple what it is. If you’re living at home it’s a good thing, just don’t waste that time!
@carolannstevens5814 3 ай бұрын
Love this George!
@nochannel787 3 ай бұрын
George! Love your show and your advice. Maybe let the guest talk a bit more. 🫶🏻
@thebettersideofkyla 3 ай бұрын
George…Get Professor G for the next interview!
@MBergyman 3 ай бұрын
Nothing wrong with living at home. The problems come when you are not contributing to the family life. It seems most examples we hear of when we think of grown kids living at home are those who have done nothing with their lives and have no motivation to help their parents with living expenses, just being a leech. Clearly the guy in this video does not fall in that category.
@kasession 3 ай бұрын
Love these segments with George!!! 😍
@RazrSharpProductions 3 ай бұрын
I live the Humphrey way with credit cards
@rays3277 2 ай бұрын
Caleb hammer!!!
@MaximGarantRousseau 24 күн бұрын
I’d love to see Canadian financial influencers such as Brandon Beavis or Pierre-Yves McSween !
@tressalewis7004 3 ай бұрын
Two brilliant money Men! Loving the show❤❤
@vitaminwater6235 3 ай бұрын
Awesome segment
@jordancaballeroshow 3 ай бұрын
Great interview.
@blackchickadee1 3 ай бұрын
Love Humphrey Yang! 🎉
@yaarrp535 3 ай бұрын
Elder millennial here and I've got 25 years at my company. You've got a ways to go on that longest career title George! 😅
@taylor.g.deloye 3 ай бұрын
You’re not a millennial then lol
@m4al 3 ай бұрын
@@taylor.g.deloyeolder millennials are now 43 years old 😱
@patrickcanete646 3 ай бұрын
Ramit Sethi, next :)
@carolannstevens5814 3 ай бұрын
Don’t like his cussing!
@stocksxbondage 3 ай бұрын
He seems like he has a chip on his shoulder… very angry for his age
@amanda.c.ice. 3 ай бұрын
Great episode!!!
@ruthclark8680 3 ай бұрын
I haven't laughed SO hard after hearing "kill a man" for a doughnut!!!
@abrahamalatorre 3 ай бұрын
Definitely Ramit Sethi! Not sure if it would help out the channel or not, but I would like to hear his wealth building strategy and mindset thoughts.
@jeffthompson1164 3 ай бұрын
Humphrey B bear! Now I don’t have to like and subscribe….but I am already subscribed so I guess you still got me.
@leahmcdermott4189 3 ай бұрын
I’m a 26 y/o female and still live at home. I’m happy with it and my parents are happy with it as they worry about me. They would like me to have a stable relationship and marry before I leave the family home, so they know I’m looked after. I think it’s a culture thing. We have such a good relationship, I get to spend a lot of time with them (life is so short) and I save a lot of money. It a win all around. Besides, adulting (and paying rent) sucks! 😂
@oakban2 3 ай бұрын
16:45 Americans also rely on social services to get them through retirement which puts a strain on the system for people who actually need it. People think the government will take care of them instead of themselves taking care of their families.
@MoneyHabits1 3 ай бұрын
I have 5 more years til FI. I can’t wait!
@maureenviola 3 ай бұрын
Hubert Humphrey!!!! Sheesh!!!!
@dt5622 3 ай бұрын
The expense tracker is really nice, I have been doing it for 9 years already. It helps a ton and it's fun
@jennafairhaven9084 Ай бұрын
Since this is the first time I've seen Humphrey, could you fill us in on the expense tracker.
@suzanneemerson2625 3 ай бұрын
Hubert Humphrey - Senator from Minnesota and 38th Vice President of the United States. You’re too young! (Or I’m too old . . . )
@JTakesAction91 3 ай бұрын
Does he own a house or rent? He mentioned considering buying a house but not sure if he means primary residence or rental.
@laurie570 3 ай бұрын
Still living with his parents at 34 and made no mention of having to pay rent.
@SalviAkshay 3 ай бұрын
Kamel Kamel Kamel!!!
@TheRealFrostysaur 3 ай бұрын
When are you getting coffee with Caleb?
@KurtisB 3 ай бұрын
Caleb is too busy and doesn’t travel lol.
@elizagrace844 3 ай бұрын
Homeboy is afraid of flying, right?
@TheRealFrostysaur 3 ай бұрын
Ah yeah. It would be really nice to see him chill with George
@metaltera86 3 ай бұрын
Is Caleb a millionaire?
@KurtisB 3 ай бұрын
@@metaltera86 Most likely no.
@user-lf3yu3vz4l 3 ай бұрын
Are you able to bring on Robert Kiyosaki? If it was on any podcast, not just this channel. I am a big time listener of all the big youtubers, Humphrey, Graham, the Money Guy. But Robert seems totally out of this groups realm. Would love to hear that conversation.
@bestsportnascar 3 ай бұрын
I pay my cards off every few days too. Maybe I'll be rich and riding in a car with George some day.
@timnixon-yz6rc 3 ай бұрын
Can you get professor g?
@suzypenner1153 2 ай бұрын
Caleb Hammer.
@picofreeflow 3 ай бұрын
I would love to see you with Ramit Sethi but fundamentally the conversation may be an agreement to disagree and I’m not sure if that brings a lot of value to your channel but I would love to watch.
@wickedlynaughty7352 3 ай бұрын
Excellent vid. I've watched you both now for years. Swing for the fences get Jerry Seinfeld.
@karenhoward8542 3 ай бұрын
Hubert Humphrey
@PVLocalFirst 3 ай бұрын
How do i get to join you in your car for a free coffee and a donut?
@user-cw1fr2jo2f 3 ай бұрын
These 2 have no idea what FIRE really means. FIRE does not mean you do nothing getting bored because you are financially independent. That is totally wrong. FIRE means you now have a passive income that enables you to do things that you normally can’t do when you are actively working for a living. Whatever that “things” is, it’s up to you. You can focus on travel the world, or spend time with family, be a better parent, or work because you love the job without the care of how much you get paid. That’s what FIRE is about.
@V8Brah 3 ай бұрын
these 2 are just clueless in general
@catherinewetzel417 3 ай бұрын
Don’t know if Hubert Humphrey (former US VP) counts
@sarahuber8567 2 ай бұрын
Get the financial tortoise guy!!
@jenniferramos6398 2 ай бұрын
I also make credit card payments every 3 days 🙃
@DonnieB_83 3 ай бұрын
George was eyeing Humphrey's donut hard at the 9:07 mark lol
@vdeblois1352 2 ай бұрын
Stay at home until pre menaupause without paying a cent to your parent.. that will do it!! .. hopefully he made it up to them!
@MrCander000 3 ай бұрын
I made the mistake of buying a brand new truck once. It got totaled a year later. Next truck was used and has been paid off for 6 years now.
@JD78CN 3 ай бұрын
I never looked at the prices for TVs at Costco. I do know that, if I leave my wife at home I’ll save about $200 at Costco every time.
@sussannekeith5676 3 ай бұрын
Nice 🙄
@RichardTouchfaith 3 ай бұрын
Gosh, if I was able to live at home I would milk that situation for as long as I could.... Sure.... I'll pay all the utilities....no problem. Shout out to all the lucky ones who get to live at home and save up their whole paycheck to build a better financial foundation!!
@kylehackett162 3 ай бұрын
It's not healthy living at home when you are an adult. It's time to grow up and flee the nest
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