$25,000 vs. $25,000,000

Earning $25,000 vs. $25,000,000 Lifestyles, Compared

What does it looks like to earn $25,000 a year vs. $25,000,000 a year? Let me show you.

-- 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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[geoffs]

$7.25 minimum wage especially for a country that doesn't have universal healthcare is absolutely pathetic.

[yoshkahanson]

The added touch of Johnny's money deducting being the same sound used in Yu-Gi-Oh when the players are losing life points reallly hits home. Thumbs up to the sound engineer/editor.

[BethanyHarris]

Hallelujah!!! I’m favored and blessed with $60, 000 every week! Now I can afford anything and also support the work of God and the church.

[Piketom]

The costs to repair and maintain that Toyota are not tremendous but as the saying goes, "a thousands dollars isn't a lot of money until you owe it." George is one unexpected repair away from being unable to get to work, losing his job, and being unable to make rent. Something a couple of the examples have in common is that they rely on used cars. Public transportation is often marketed as being better for the environment but it is an economic good too. Unexpected repairs can totally derail the lives of hardworking Americans and cost the public money. Public transportation provides a measure of stability which is good for the overall economy.

[techcafe]

If your barista cannot afford to live near the cafe, then it's not really a city, it's an amusement park.

[Sarabellam]

The one thing Johnny forgot to include in this amazing video is STUDENT LOANS. 43 million Americans owe on average $32, 000 in debt, and that is also a major expense they have to pay monthly. Some of his assumptions for the middle class earners means they naturally will have to go into debt to afford their lives.

[amgguy]

Samuel Robson Walton's Ferrari 250 GTO costs about $120 Million. His mechanic makes Home visits too.
He pays ZERO in taxes, but abhors having to provide benefits for his employees.

[Reza_]

People with 25K a year with no family support are one accident away from homelessness!

[MminaMaclang]

You already know you're a great storyteller. But Johnny youve outdone yourself. This is exactly what people wanted to know and have contextualized and you did it perfectly

[PaulBilly]

This is why I love YouTube. I hope this video makes the front page and stays there.

[sablecomedy]

You missed a trick for the mortgage at the $25 million bracket, which highlights how broken the system is. Because you have so much money, a bank will loan you the $15 million at a low interest rate because they know you're good for the money. You can then use that loan to invest in the stock market, which, even at a low-risk investment strategy, will have a higher return than the bank's interest rate over the time you repay the mortgage. So you make more money and have a $15 million asset when everything is said and done.

[EthelJung-jw]

I like how he discusses the very intangible benefits of earning more: access, connections, health, safety, noise, free time, etc

[satishkarki]

Somebody once told me “It costs you more to be poor.” 🤯

[jdotsalter]

A $50k car and regular detailing is like lighting money on fire. A complete waste of money for the middle class.

[mikaxms]

As a kid, the USA seemed like a great place. Big detached houses, green lawns and nice cars. As I get older and learn more about the country, I have more appreciation for Europe. The townhouses, walkable neighborhoods, bike lanes, public transport, affordable healthcare, etc.

[albertoflores]

It’s honestly a slap in the face when you really look at the difference in incomes. We slave ourselves for the few that exploit our sufferings

[Blackops]

"I get to spend 25 dollars on a Salad" This sentence will live rent free in my head for years. I hate it.

[razork]

My God, when you said potatoes as the go-to for 'fresh produce', 2 weeks per year for 'vacations' and sick leave, spending $320 per month for food and not having public transportation options available, I am blessed to live in the EU.

[badass]

If I earned 100k, let alone 1 million, I'd live like the 40 000$ person.

[ronishhusain]

Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!