The Truth Nobody Tells You To Get Rich In Your 30s
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WHAT BROUGHT ME TO KZfaq: I worked at Goldman Sachs, in Private Equity, and built up a $100M holding company. But after being in Wall Street for so long, I got tired of managing hundreds of millions for the rich. Investing was for the few not the many. F that. You all are the reason I do this. We as a society need to get rich together. My mission is to create 100,000 business owners, I hope you’re one.
💸If you have a startup you want $ for: www.contrarianthinkingcapital.com
🤝If you want to sell us your small business: www.mainstreethold.co
📸 Instagram - / codiesanchez
🐦 Twitter/X - / codie_sanchez
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Check out my other favorite videos! 🔽
• The Richest People In ...
• 9 Middle Class Habits ...
• 9 Things to Stop Doing...
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The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez KZfaq channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.
@CodieSanchezCT 2 ай бұрын
Want to learn how to buy a business? (Free Consult): contrarianthinking.typeform.com/to/WBztXXID
@yeahweburnstuff 2 ай бұрын
LOVE the budget Chanel top! You inspire me greatly darling, and I'm prob your Mama's age. 🥰🥰🥰
@busyworksbeats 4 ай бұрын
The dangerous part about “friends” is that we allow them to pass through the trust barrier without judgment.
@jasonreviews 4 ай бұрын
my only friend is FL studio. LOLs
@LaundromatEntrepreneur 3 ай бұрын
I agree on this one. 👍
@vysventuri Ай бұрын
Holy shit @busyworksbeats what up tho!!!!!
@richhands5269 4 ай бұрын
My three favorite channels: Codie Sanchez, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
@happygouniverse 4 ай бұрын
You bring me JOY Codie, thank you! :) Spot on advice, wish I had in my 20's
@VanHuynh-zj5gj 4 ай бұрын
Thank you so much for this episode! I absolutely love the takings and the way you convey them.
@jackiemellado5233 4 ай бұрын
Thank you Codie needed to watch this video. It’s not over
@chainsawerekson2972 4 ай бұрын
Right on time, perfect! Exactly what needs to be said. Right now.
@Gr33ni3Witch 3 ай бұрын
Thank you so much for your knowledge! I wish I had seen your stuff back in my 20s and I’m 50 now and what you’re saying is actually making sense to me!!
@RobertoMartinez-pr9bd 4 ай бұрын
God bless and Happy Easter to you and your family 😊.
@timothybracken1728 4 ай бұрын
I'm a huge fan of your videos. Quick and straight to the point !
@LaundromatEntrepreneur 4 ай бұрын
This is actually so good. Thanks for sharing this!
@loyalityone 4 ай бұрын
One of your best videos! Great advice.
@d.t.4523 3 ай бұрын
Thank you, keep working.
@VishalMehta 4 ай бұрын
Codie you are truly an inspirational. I loved all your content and it's truly inspiring me a lot. Keep sharing valuable content.
@miguelgalvez7960 4 ай бұрын
One of your best videos! I feel related and truly enjoy it!
@kenyonlanders2888 4 ай бұрын
Great video Cody Most people are happy with much and sad with little, but the truth is, they can have much and still be sad. You don't need to have everything to enjoy life, you already have life to enjoy everything. You also do not run a business to get in shape for business, you get in shape for business before you run it. Big mistake people make is never getting a mentor, never understanding equity, and never truly understanding leverage. Experience is truly the best teacher. Take leaps of faith, meet people. You will learn that business is more about people than it is about money
@WEALLSHINE95 4 ай бұрын
Love you Codie, ever since I found you, I've been learning a lot from you. Also, I need to read them books you recommend! 😊 Keep it up!
@iminharmsway 4 ай бұрын
In mortgage world, we use 2080 as the denominator to calculate hourly wage (based on 40/hrs wk).
@roxanegonzales1744 4 ай бұрын
Why? That's for 13 months instead of 12.
@russellschuman5864 4 ай бұрын
@@roxanegonzales1744 52 weeks x 40 hours = 2080.
@rebeccamiller8772 4 ай бұрын
We do too in gov contract pricing, but it assumes no unpaid time off.
@nancysmith9487 2 ай бұрын
Thank you for sharing your experiences
@XojiAkaVlogs 4 ай бұрын
Great insights! Thanks for sharing.
@JnFalcon 4 ай бұрын
You are articulate things so well. I appreciate all the value you drop on YT!
@iMBox 4 ай бұрын
Hey Codie, you are a fastastic presenter of information. Watching you does bring me joy, thank you. Your enthusiasm, passion, warmth comes through to me. Unfortunately, I think it takes one to know one and although you present concepts so simply, you summarise years of studies & research in the space of several seconds. I question if humanity is ready to leverage on others' experiences, we may still need to learn from our own lessons 😊
@thisclublife 3 ай бұрын
🎉🎉🎉 it’s about longevity and most wisdom comes from experience over decades!
@karinadelgadillo8798 4 ай бұрын
Love this video
@mrsterling5306 4 ай бұрын
New subscriber here! Really liking what Codie has to say.🙂
@blaketheisen2297 4 ай бұрын
Great video
@Nicvandykk 3 ай бұрын
Favorite part is the whiskey advice ❤
@TheHanibal674 4 ай бұрын
What a master piece 👏👏
@VidhathShetty 4 ай бұрын
I'm 24 and this saves me alot of time. Thank you codie now lets get to work
@ultralearning_projects 4 ай бұрын
This video spits so much truth! I am in my 30s now, feeling so much better and when I tell people I am happier getting old, they look at me like I'm speaking alien. 😂
@_pingu00 4 ай бұрын
The best!
@dolarscolardonutesh5199 3 ай бұрын
You have a beautiful speaking voice. I think you could even be a stand up comedian if you wanted.❤😂🎉
@philipdrew10 4 ай бұрын
Good Cody this lines up with how I understand how it works as in I didnt know this stuff till now. ❤❤❤
@philipdrew10 4 ай бұрын
Bit old though. Now its really just social media....sales...ads
@StarcoreLabs 4 ай бұрын
It's good to be generous and helpful within the confines of a company or career where reciprocity exists. However, remember that givers must set limits because takers never do. Be on guard against the narcissistic users in and outside of work. They will take whatever you give them without feeling they need to reciprocate.
@RobertoMartinez-pr9bd 4 ай бұрын
😂 Here in NYC, I can still buy good coffee for 1.50 and a toasted bread, also for 1.50, total 3 bucks. The 🍞 is baked fresh every day.
@KenzKarumarot 3 ай бұрын
thank you i am 29 and was thinking it was too late for me and i didn't make like the teenagers we see in social media thank you.
@carolinasotoc 3 ай бұрын
Codie, I love your blouse. Could you share the Amazon link?
@RaphaelSafr 3 ай бұрын
Great insight. Thanks for sharing 👍
@LSBContractingLLC 3 ай бұрын
It is very crucial to know that planning to earn in today's market is an intricate process that necessitates not only strategic foresight but also expert guidance. It's paramount to align ourselves with seasoned financial advisors who can steer our investments toward optimal growth.
@BendyChoy 3 ай бұрын
I recently connected with Folmar Advisory, a reputable advisory firm that matches individuals with skilled financial advisors. Their personalized approach has had a positive impact on my financial journey.
@BendyChoy 3 ай бұрын
Within just a year of partnering with one of their recommended advisors, my investment portfolio experienced an impressive growth.
@georgeearling905 3 ай бұрын
That's remarkable! How did you come across this Advisory firm and how does their matching process work.
@LSBContractingLLC 3 ай бұрын
I also discovered Folmar Advisory through online search of the name. Their commitment to client satisfaction and financial education is impressive. They connect clients with advisors who align with their goals and values.
@tomfromtartu9706 4 ай бұрын
Paycheck =/= Playcheck good one
@cathyospinaaa 4 ай бұрын
ASU?! I'm going to start in May! Too funny
@opencuriosity 4 ай бұрын
Thank you for the knowledge you have shared, really grateful for it. However I will have to say that your location is a super crucial factor as I believe your contents are "highly" favorable to more developed countries, specifically the Top western ones. It is really hard to do that in a developing environment (country) with less opportunities and resources.
@busyworksbeats 4 ай бұрын
Friends or snakes in sheep’s clothing?
@daylematongo4801 24 күн бұрын
Codie is my go to ❤
@ZephyrinSkies 4 ай бұрын
I think there's an editing error from 8:34 - 8:48 Was hard to catch what you were saying because of the odd edit. Thanks for the content regardless.
@ZephyrinSkies 4 ай бұрын
@GetInTouchAboveForMentorship Begone scammer
@SanjeevKumar-hs6gp 3 ай бұрын
There should be a Netflix series on your life journey ❤
@ZephyrinSkies 4 ай бұрын
Imo the concept of "not buying Starbucks" to save money applies to a certain type of person who's eyeball-deep in debt from being a mindless consumer and can barely afford to live because their grasp on finances is so poor, and that's the first of many steps to getting out of that hole they've put themselves in. It's meant for the people at the bottom who don't yet have the position or mindset to be entrepreneurs. But I do see and agree with your point that's not the deciding factor that will turn you into a millionaire.
@LycorisThe 3 ай бұрын
I agree with your point. A person needs to learn how to *not* spend money for any other financial advice to work.
@HybridTemp 4 ай бұрын
Ayeee codieeeeee. Always coming with the bangers. Thanks for what you do!
@CandymanJrMint 4 ай бұрын
Garbage
@themastercreatorlimejuice4853 4 ай бұрын
Your career sounds so.much like mine!
@TheWassaw123 3 ай бұрын
Yeah Instagram and Twitter is full of results
@carolschneid 4 ай бұрын
I agree with what she is saying, however, I disagree about saving your way to $100,000. That is something you can do - and I did. And I think it teaches you a lot, so would do both!😊
@ToriksLV 4 ай бұрын
12:03 is so true
@LaundromatEntrepreneur 3 ай бұрын
I agree
@user-iv4vw8gb7i 4 ай бұрын
Golden. Words
@user-iv4vw8gb7i 4 ай бұрын
@GetInTouchAboveForMentorship my greets I'm. Mr.Bandar. Rom. Saudi Arabia. Wate is. Top. 20 stats. Open Veding Michne LLC
@user-iv4vw8gb7i 4 ай бұрын
@GetInTouchAboveForMentorship morrrr. Welcome. U. Greeeet. Lady
@user-iv4vw8gb7i 4 ай бұрын
What are the best 20 American states for a vending machine LLC
@user-iv4vw8gb7i 4 ай бұрын
What are the best 20 American states for a vending machine LLC
@juraspl93 4 ай бұрын
You need money to invest or other things. Not buying coffee doesnt cost your future, but cut all unnecessary spending and try save the most money if you can. If you earn 3k and save 2,5k your have more money than someone earn 10k and save 500. Better learn something which give money, than go from 3k to 10k.
@OHANA-Beach-Suites 4 ай бұрын
CODIE….ILL MAKE U PROUD AF!!!!
@arianam.winder4866 25 күн бұрын
Curious why 1,903 versus 2,080 hours for hourly rate calculation? Is that all vacation time to make the difference?
@in4theride75 4 ай бұрын
I literally saved my way to my first $300,000 by 30 with a completely average annual income $55k/year so that part of your advice is bunk, but you are correct that true wealth, the tens of millions, has to be attained by earning instead of saving.
@CorneliaPauline 4 ай бұрын
What were some of your saving techniques ? Do share.
@in4theride75 4 ай бұрын
@@CorneliaPauline 1) Lived in a lower cost of living area and had 6 roommates to bring my housing price down to $200/month. 2) Meal prepped all my meals for the month with a single shopping trip to save money on bulk sizes. This brought grocery bill down to about $200/month. 3) Jobs were always within 2-3 miles so I could bike or had a company issued car to remove car payment, registration, and insurance from the bills. 4) Kept all social activities under $5. Joined hiking groups, mountain biking, house parties instead of restaurants, theaters, etc. 5) Kept a strict budget to analyze my odds and ends spending to ensure it never exceeded $100/month. 6) Invested every penny I made that didn't cover these bills into 3 index funds, one that tracked the whole market (10%), one that tracked S&P 500, (50%), one that tracked the NASDAQ (40%). This kept all my monthly expenses under $600 allowing me to invest over $2,000/month. Now, I wouldn't necessarily recommend this exact strategy but it absolutely works.
@in4theride75 4 ай бұрын
@@CorneliaPauline 1) Lived in a lower cost of living area and had 6 roommates to bring my housing price down to $200/month. 2) Meal prepped all my meals for the month with a single shopping trip to save money on bulk sizes. This brought grocery bill down to about $200/month. 3) Jobs were always within 2-3 miles so I could bike or had a company issued car to remove car payment, registration, and insurance from the bills. 4) Kept all social activities under $5. Joined hiking groups, mountain biking, house parties instead of restaurants, theaters, etc. 5) Kept a strict budget to analyze my odds and ends spending to ensure it never exceeded $100/month. 6) Invested every penny I made that didn't cover these bills into 3 index funds, one that tracked the whole market (10%), one that tracked S&P 500, (50%), one that tracked the NASDAQ (40%). This kept all my monthly expenses under $600 allowing me to invest over $2,000/month. Now, I wouldn't necessarily recommend this exact strategy but it absolutely works.
@in4theride75 4 ай бұрын
@@CorneliaPaulineI would but it seems every time I reply my comment is being deleted. So let me try again. 1) Lived in a lower cost of living area and had 6 roommates to bring my housing price down to $200/month. 2) Meal prepped all my meals for the month with a single shopping trip to save money on bulk sizes. This brought grocery bill down to about $200/month. 3) Jobs were always within 2-3 miles so I could bike or had a company issued car to remove car payment, registration, and insurance from the bills. 4) Kept all social activities under $5. Joined hiking groups, mountain biking, house parties instead of restaurants, theaters, etc. 5) Kept a strict budget to analyze my odds and ends spending to ensure it never exceeded $100/month. 6) Invested every penny I made that didn't cover these bills into 3 index funds, one that tracked the whole market (10%), one that tracked S&P 500, (50%), one that tracked the NASDAQ (40%). This kept all my monthly expenses under $600 allowing me to invest over $2,000/month. Now, I wouldn't necessarily recommend this exact strategy but it absolutely works.
@in4theride75 4 ай бұрын
@@CorneliaPauline 1) Lived in a lower cost of living area and had 6 roommates to bring my housing price down to $200/month. 2) Meal prepped all my meals for the month with a single shopping trip to save money on bulk sizes. This brought grocery bill down to about $200/month. 3) Jobs were always within 2-3 miles so I could bike or had a company issued car to remove car payment, registration, and insurance from the bills.
@RobertoMartinez-pr9bd 4 ай бұрын
Yes, I am 💯 good as a graphic design artist and I will not reinvent the wheel, just change it. I don't like that word steal. All my collectibles got stolen.
@nancysmith9487 2 ай бұрын
Love to hang out, easy to be a strict boss. Not easy to be a good boss. Appreciate good job. Rewards, pays for what things are worth. Best way. Take time. Do the job. Reminder of what it takes what's expected. See if it fair for you. Retirement access for each. Your awesome
@bobby-and2crows 3 ай бұрын
I love cody
@askbob 2 ай бұрын
That mole puts me on edge
@DanXRP 4 ай бұрын
Many of us are very naieve when we are in our 20s.
@thorragnarok2861 4 ай бұрын
Just for fun... care to do something about the World of Formula One Racing?
@fabioscuderi5998 4 ай бұрын
Hey Codie. I am doing it I have been saving up for the last 3.6 years no investment just putting it in the bank in the savings account I am $15000 out to complete the challenge if everything goes well I will finish in august . So then you ask what after . I am been studying a lot about investing ready books watching videos like yours and others . Stock market will be my first step after I don’t know yet I am doing one step at the time. I am thankful for your teaching I appreciate it here from New Zealand
@fs5775 4 ай бұрын
Uh, *I* saved my way to my first $100,000. You exist in a very narrow world. I took a job in Dubai where the employer paid for my luxury housing for 6 years and my salary was tax free as Dubai has no income tax there & US didn't charge me taxes as I earned under $100,000 a year. I am only a teacher but was able to pay off tens of thousands in student loans, travel the world on my loads of vacation, and rack up my savings. Salary only $50,000. I've got a half a million portfolio right now in my 40s and compound interest works magic for me every year now. Learn more about the road less traveled, Codie.
@pdg23 3 ай бұрын
Hoya Saxa!
@eddiemalvin 4 ай бұрын
I don't take the "Skip the Latte" advice literally. I consider it to be more of a metaphor that, when applied at scale, small, seemingly insignificant decisions can produce huge positive impacts or result in "death by a million papercuts". Choose wisely. You may not be able to save your way into wealth but you can certainly spend your way out of it.
@TonyHulk 4 ай бұрын
it is EASY EASY when young (especially today)....how about if you start your journey at 50? OR someone disabled, anti-social, mental issues, so many people give their ideas on the simple stuff
@mohamedmumin1515 4 ай бұрын
rich👍🏿
@SharwinBalaji-xg9kh 4 ай бұрын
Teacher
@erinjk123 3 ай бұрын
I want to have fun in my 40's. lol lmao. Party woot woot. Interesting chart on happiness. Decrepit, but happy. haha
@sidneyrago 3 ай бұрын
i love codie! she is a badass
@yoz2k25 3 ай бұрын
Dammit, I thought the average age of millionaires was higher.
@KarthikBharathi 3 ай бұрын
11:00 this does't work.. they use you and then get rid of you when you need them
@leehettig 4 ай бұрын
God your content is 🔥🔥🔥🔥🔥🔥🔥🔥 You know what I'd love to see you talk about? 1. How to be such a such a boss babe while still being feminine. 2. How has your work ethic and drive affected your relationship? Roles? Balance? 3. How do you manage your energy & mental health? Burnout? Stress levels?
@CodieSanchezCT 4 ай бұрын
Thank you we will do that ❤❤❤
@lifewithbakari1413 3 ай бұрын
Funny that you said that you can’t save your first 100k
@smoakpipe 4 ай бұрын
don't skip all the tree either
@ITsoKAY_15 3 ай бұрын
Omgoodness, I believed there was no hope if you found out things like this at 29. I just was like, I'm 29. I can't just do what these young girls are doing over night. ...smh. #only
@victrillionz 4 ай бұрын
First viewer ❤
@nancysmith9487 2 ай бұрын
Retirement couples book. Putting 5/10 dollars a week investment compounding does have an impact. Realistically $25 dollars at today's standards latte da lolol
@leadgenjay 4 ай бұрын
You don't need all the flashy stuff when you are very young.
@LaundromatEntrepreneur 3 ай бұрын
Yes. Flash stuff doesn't matter in the end.
@KennethWestervelt 4 ай бұрын
1903 hours per year? I'm used to this being 2080 hours (52 * 40). Taking a full month off - even without pay - is not a bad idea. I don't know of any construction-adjacent industries that look kindly on this level of vacation, however. Which industries do you see allowing for this?
@CodieSanchezCT 4 ай бұрын
I was being extremely conservative because KZfaq comments be crazy ❤😂
@NickStratulat 4 ай бұрын
Awesome , I also started my journey here, would love some support/feedback from you guys 🙏
@GeezLouise 4 ай бұрын
And what about you 40s?
@thecasualreviewer2148 2 ай бұрын
HeLLLL naaaah! I enjoyed my 30's a lot more as whole. My 30's were more balanced. Just felt right
@macraeolinger 4 ай бұрын
Wait until your 50+
@philstreza2886 4 ай бұрын
First time millionaire is 37; is that true? Dave Ramsey and The Money Guys say 47
@TheJdubs30 4 ай бұрын
So you can be rich and depressed and lose all your friends when you say no one too many times to plans? No thanks!
@ErrorOptik 3 ай бұрын
What if I don’t have any friends? I want friends, I just haven’t met any that were worth keeping around.
@Lil_warner 2 ай бұрын
I dont have many friends so I surround myself with education videos like this because they rub off on you too. Also Ive reached out to a few ppl in real estate groups youd be surpised how many successful ppl are down to earth & willing to help you. You just have to know how to talk to them & figure out how to bring value to them.
@ErrorOptik 2 ай бұрын
@@Lil_warner I been doing the same for years with the videos. But I haven’t met many successful people yet
@Lil_warner 2 ай бұрын
@@ErrorOptik then your not joining the right groups
@Lil_warner 2 ай бұрын
@@ErrorOptik & there only gonna wanna be friends once you do business together that's why I said you have to bring some sort of value or atleast be smart enough to get them to believe in you
@ErrorOptik 2 ай бұрын
@@Lil_warner I am looking for the right groups, but I’m not sure what groups to look for
@aortizandrew1 4 ай бұрын
Retirement is a scam and it's a man made idea. We humans especially men are meant to work even if it's a little small part time job
@kamokwele12 4 ай бұрын
Keep the same house, partner, car. It sounds like our girly - just like the genius, 'Jordan Peterson' has come to terms with - that Christ is right and true about this life.
@kamokwele12 4 ай бұрын
I hope we get to meet one day.
@trebmaster 4 ай бұрын
OK we're too late for this. Where's the do this in your 30s so you get rich in your 40s video?
@user-jk6zp3ij5i 3 ай бұрын
🥰🥰🥰🥰🥰😍😍😍😍😍😍😍😍😍
@denzelccoga7267 3 ай бұрын
lowkey, I always want to subscribe again after every video🫠🫠
@nrg_fre 4 ай бұрын
Free99, Trading Fraternity @KZfaq
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