Living On $3.7 Million A Year In Rockville, MD | Millennial Money

00:08:54
https://www.youtube.com/watch?v=BggZbyYkPos

Resumo

TLDRBrian Jung shares his journey from humble beginnings to making $3.7 million annually. Growing up in a financially struggling family that immigrated from South Korea, he was deeply inspired by his parents' dedication and hard work. This motivated him to succeed to support them. At 25, Brian lives in Rockville, Maryland, and has achieved substantial financial success. Driven by his parents' example, he pursued an unconventional path, leaving school to focus on business. Brian succeeded through his YouTube channel by creating content on credit cards and financial topics, which grew his audience significantly. Brian is mindful of his expenses, spending significantly on food and water. He's invested in cars, buying a Toyota Tacoma for his parents, an Audi RS7, and a Lamborghini Huracan. His investment portfolio includes multiple angel investments, a co-owned restaurant, cryptocurrencies, and NFTs. Looking ahead, Brian aspires to foster financial stability and uplift his community in Maryland. His story emphasizes the importance of family, resilience, and the belief that anyone can achieve their dreams with determination.

Conclusões

  • 💼 Brian's financial success is inspired by his immigrant parents' hard work.
  • 📈 He earns $3.7 million annually and resides in Maryland.
  • 💡 Brian chose to pursue business over finishing school, a decision that surprised his parents.
  • 🎥 His YouTube success began with credit card content and grew with stimulus check and market updates.
  • 🚗 Brian owns multiple cars, treating them as investments and gifts for his parents.
  • 🥗 He prioritizes spending on quality food and water.
  • 💰 Brian has diversified investments, including angel investments, a restaurant, and valuable NFTs.
  • 🌟 He dreams of building a company to support his family and community.
  • 📉 Brian experienced financial struggles growing up, fueling his drive to succeed.
  • 🌍 He aims to uplift the Maryland community and create generational wealth for his family.

Linha do tempo

  • 00:00:00 - 00:08:54

    Brian Jung reflects on the struggles his family faced financially, which motivated him to change his life to support them. At 25 years old, he earns $3.7 million annually in Rockville, Maryland. His parents worked hard after immigrating from South Korea in the 1990s, with his mom working at a hair salon before getting a job at the post office, and his dad working in flooring. Brian chose to help his father with work instead of going to rugby games and was affected by his mom's financial struggles when he needed shoulder surgery. This instilled in him a commitment to ensure his parents were always taken care of. Despite his parents' initial concerns, he decided to leave school to pursue business.

Mapa mental

Vídeo de perguntas e respostas

  • What inspired Brian Jung to work hard and succeed?

    Brian Jung was inspired by the hard work and love of his parents, who immigrated from South Korea and faced financial struggles.

  • How much does Brian Jung make annually and where does he live?

    Brian Jung makes about $3.7 million a year and lives in Rockville, Maryland.

  • What was Brian's financial situation growing up?

    Brian experienced financial difficulties growing up, seeing his family sometimes unable to pay bills or afford extras.

  • What profession did Brian's parents have initially upon immigrating to the US?

    His mother worked in a hair salon and later at the post office, while his father installed hardwood floors.

  • How did Brian inform his parents about his career decision?

    Brian informed his parents that he would not finish school and instead pursue a career in business.

  • What content did Brian Jung create on YouTube that gained popularity?

    Brian initially created videos about credit cards, stimulus checks, and later streamed AMC and GameStop content.

  • How does Brian Jung spend on food and water?

    Brian spends about $2,500 a month on groceries and dining and $250 on custom-delivered spring water.

  • What investments and business ventures does Brian Jung have?

    Brian has made 15-20 angel investments, co-owns a restaurant, has a substantial crypto portfolio, and owns valuable NFTs.

  • What are Brian Jung’s future goals?

    Brian aims to create financial stability, elevate the community in Maryland's DMV area, and build a company supporting others.

  • What vehicles does Brian Jung own?

    Brian owns a 2019 Toyota Tacoma for his parents, an upgraded 2021 Audi RS7, and a 2021 Lamborghini Huracan.

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  • 00:00:01
    I always thought that there was this separation between the rich or people who are just well
  • 00:00:06
    off versus us, our family.
  • 00:00:08
    It was just difficult seeing that we wouldn't be able to pay the bills sometimes or if we wanted to eat
  • 00:00:13
    somewhere, my mom would have to cut back.
  • 00:00:15
    There were many nights where I felt so frustrated and wanting to help them out, but I
  • 00:00:20
    couldn't. That's when I wanted to make that change and really just dedicate a part of my life to being able to
  • 00:00:25
    help them out as well.
  • 00:00:26
    My name is Brian Jung, I'm 25 years old, I make about $3.7 million
  • 00:00:32
    a year, and I live in Rockville, Maryland.
  • 00:01:01
    My parents moved here from South Korea and immigrated here during the 1990s.
  • 00:01:06
    One of the things that I grew up seeing as a kid was really just how hard my parents worked.
  • 00:01:10
    My mom initially worked in a hair salon.
  • 00:01:13
    Now she actually has a job at the post office.
  • 00:01:15
    My father, when he first immigrated to the US, he actually had a job in the flooring
  • 00:01:20
    space, so he worked on installing hardwood floors throughout a majority of his
  • 00:01:24
    life. There are countless moments where I would choose to, instead of going to a rugby game,
  • 00:01:29
    sometimes opt to even go help him with work.
  • 00:01:32
    Back when I was playing rugby, there was a point where I dislocated my shoulder so many times that
  • 00:01:37
    I needed surgery.
  • 00:01:39
    My mom was not in a position where she could afford that surgery.
  • 00:01:42
    She actually took out such a long term loan where she ended up having to pay small amounts of it for a
  • 00:01:47
    very long time in order to pay that back.
  • 00:01:49
    It was times like that where I saw my parents and their love for me as their son
  • 00:01:54
    really shining through.
  • 00:01:55
    And I always made a commitment to myself since the beginning, no matter what happens, I'll always
  • 00:02:00
    be making sure that my parents can get taken care of.
  • 00:02:03
    I would be nowhere without my family, and regardless of how hard it was in the
  • 00:02:08
    beginning, a lot of what I've done is because of them.
  • 00:02:24
    There was a pivotal moment in my life where I had to tell my parents: "Hey, guys, I know you
  • 00:02:29
    worked really hard and I know like how scary this is going to be, but I'm not
  • 00:02:34
    going to finish school. I'm going to pursue business." They were a little taken back.
  • 00:02:39
    Many business owners that they know do not do well.
  • 00:02:50
    I spend about $2,500 a month on groceries,
  • 00:02:55
    restaurants and just overall eating.
  • 00:02:57
    I do like to eat out quite a bit.
  • 00:02:59
    I told myself as soon as I was able to create a little bit of money for myself, food is never something that I was
  • 00:03:03
    going to cheap out on.
  • 00:03:05
    I spent about $250 a month on my water.
  • 00:03:08
    I get my water custom delivered.
  • 00:03:10
    So the reason why I believe water is so important is because when we have purified water or water that is
  • 00:03:15
    just coming from the pipes, it doesn't oftentimes have the full array of nutrients that you need.
  • 00:03:20
    Spring water is actually shown to have it's minerals, it's sodium, it's nutrients, it's
  • 00:03:25
    potassium, alot more in it, and it's just been a better experience.
  • 00:03:35
    So I currently live by myself.
  • 00:03:36
    And then for two of the other bedrooms, I've turned one into my office studio
  • 00:03:41
    and the other one is just a general office where I like to do work.
  • 00:03:45
    And then third bedroom is my own bedroom.
  • 00:04:04
    So growing up, I've loved cars, I loved watching it.
  • 00:04:07
    I love playing video games and really just getting into the car world.
  • 00:04:10
    Now that I've finally been able to make some money, I've been buying the cars that I've wanted and
  • 00:04:15
    also treating it as an investment as well.
  • 00:04:22
    I have a 2019 Toyota Tacoma.
  • 00:04:25
    This is something that I actually gave to my parents for them to use full time.
  • 00:04:28
    I also have an Audi RS seven 2021.
  • 00:04:31
    I put in a lot of upgrades into this vehicle and it was actually one of my dream cars that I've wanted my
  • 00:04:36
    entire life. And the third vehicle that I recently picked up is a
  • 00:04:40
    2021 Lamborghini Huracan.
  • 00:04:48
    I really like being able to provide my parents some gifts, so recently, I purchased my dad and
  • 00:04:53
    Omega Seamaster.
  • 00:04:55
    I also bought my mom a Rolex Oyster, Perpetual, and then I also gave them
  • 00:04:59
    both $30,000 in checks throughout the holiday season.
  • 00:05:03
    Thank you my son.
  • 00:05:10
    Youtube was never something I thought could be sustainable.
  • 00:05:12
    There were multiple times where I wanted to quit YouTube and I thought I'd be finished.
  • 00:05:17
    I hope you guys have all been doing well.
  • 00:05:19
    In this episode, w
  • 00:05:20
    e're going to be doing a little market update.
  • 00:05:23
    I initially started off by making videos on credit cards.
  • 00:05:26
    As soon as I was able to get some views with the credit card content that rolled into me getting an
  • 00:05:31
    audience. Then I had my first 10,000 subscribers on YouTube, which is a monumental
  • 00:05:35
    moment. I think even getting my first 10,000 subscribers was crazier than me getting my
  • 00:05:40
    million subscribers just because at that time, I never had any plans of being a
  • 00:05:45
    YouTuber. So shortly after that, we started to do stimulus check content during the peak of this
  • 00:05:49
    pandemic. Anything with regards to the stimulus check and my channel is actually able to get
  • 00:05:54
    number 13 trending on the YouTube trending page.
  • 00:05:57
    And ultimately that led to me being in a position where I started to stream the AMC
  • 00:06:02
    and GameStop live streams.
  • 00:06:09
    It was just a fantastic time because that is when I start to really experience growth.
  • 00:06:14
    When my channel started to pick up, that is similarly when crypto started to have its bull
  • 00:06:18
    run. Bitcoin was nearing its all time high and actually had some crypto videos that also went
  • 00:06:23
    viral.
  • 00:06:33
    Googled someone's bank account that had $100,000 in it.
  • 00:06:36
    And I taped it right here.
  • 00:06:38
    My goal, which was like in 2020, I wanted $100,000 in my bank account.
  • 00:06:42
    When it comes to travel, food and entertainment, I really don't spend too much money on them.
  • 00:06:47
    A lot of it ends up getting classified as business expenses because most of my travel is usually
  • 00:06:52
    for conferences or meeting up with other creators to do collaborations.
  • 00:07:04
    So in terms of my investments, I actually have an array of angel investments up to
  • 00:07:09
    date, I believe about 15 to 20 angel investments I've made within the last year.
  • 00:07:14
    I'm also a co-owner in a restaurant for one of the first Japanese barbeque
  • 00:07:19
    spots in the state of Maryland.
  • 00:07:21
    And the reason for this investment is because I was initially a huge fan of the food and
  • 00:07:26
    I've always wanted to diversify my investment portfolio.
  • 00:07:35
    I also have an immense crypto portfolio and an NFT collection.
  • 00:07:39
    One of my NFTs is currently worth over $400,000.
  • 00:07:57
    Some of my goals moving forward is to just continue creating financial stability.
  • 00:08:02
    I also really want to bring up the greater DMV area within Maryland.
  • 00:08:05
    I want to bring up my community because there are tremendously amazing people around here.
  • 00:08:10
    So I want to keep building.
  • 00:08:11
    I want to have an entire company where I can continue feeding other people, supporting others, allowing them
  • 00:08:16
    to do something that they want to passionately do.
  • 00:08:18
    And I just want to create a future generation for my family where no one has to worry about money
  • 00:08:23
    again.
  • 00:08:23
    It's amazing.
  • 00:08:25
    He always loved the family, always thinking about the parents.
  • 00:08:29
    So I'm really proud of him.
  • 00:08:31
    It was very challenging for me at times.
  • 00:08:33
    It was really difficult.
  • 00:08:34
    I went through some extremely dark moments in my life, so I never really thought that I could achieve any of
  • 00:08:39
    this. I think for anyone who's watching this and you may be feeling like you're in a rut, you don't know what you want
  • 00:08:44
    to do with your life. I'm telling you, you can achieve anything as long as you put your head to it.
Etiquetas
  • Brian Jung
  • YouTube
  • financial success
  • immigration
  • family support
  • investments
  • business decisions
  • credit card content
  • financial goals
  • community impact