How Jeremy Financial Education Makes $50,000 PER MONTH

What's up you guys, it's Graham here. So I'm here with a special guest, Jeremy from Financial Education. If you haven't seen his channel, I'll put the link in the description.

One of the things I always like making with these videos is Jeremy said that I can ask any question I want. So I came up with a list of questions to ask, and some of these I think are pretty thought-provoking questions that might put Jeremy on the spot a little bit. But let's scare... well, let's just go for it!

One of the things I really want to touch on that I made videos about in the past is how people's incomes. Jeremy's is about $50,000 per month from YouTube. Now, that doesn't include the money he makes trading stock, so I want to clarify that. But, oh yeah, investing in stocks. One of the things I really want to break down is, first of all, how you go about making $50,000 a month from YouTube online, how everyone watching might be able to replicate some of that, and some of the thought-provoking questions or the difficult questions for Jeremy in terms of his business. We're going to expose—expose—put them on the spot on this one.

So let's start here at the very beginning. Why did you start making YouTube videos in the first place? Now, I've seen your early videos; they're such basic stuff, like, "What is a checking account?" "What does the savings do?" Like, how do you go back like 3 years from now and be like, "I want to make a video about what is a checking account?" A lot of people don't know what a checking account is!

So today, you know, I—why I named the channel Financial Education, yeah—is mainly because I felt like there were a lot of people who didn't have education on very simple things. So I thought, "Hmm, I know a lot of stuff on a lot of different money-related issues. Let me start to record these." Okay, so I started recording videos, very basic ones. They're horrible; they're still on my channel. I still leave up all my old videos; you can go watch them all if you want. They were filmed with a GoPro, right?

Because it's like super widened, so I think you get the window that's like on this end, yeah? Microphone, dude—yeah, so bad. But the thought process was a lot of people don't know that basic stuff, stuff, you know, money, and I thought I can teach them.

Now, okay, over time what I've adapted the brand into is not just financial education, but more financial entertainment plus education. The reason I did that is because I realized that there are so many more people you can get interested in this type of stuff if you also bring an entertainment aspect. Yeah, if you're bored, cut and dry, you will get nowhere, okay? If you're boring, cut and dry, people will turn it off, and they're like, "Oh, this guy's so boring." You know what I mean?

Yeah, but because I bring in the entertainment side of it—because I'm upbeat for the videos and whatnot—it really brings a different element. So going back to the early days, it was just about education. But were you just having fun? Did you ever think of this as a business, or was it just like you're like, "I want to make a video about a checking account"?

Necessarily, I was having fun. I felt about it as I'm doing something good for society. Ten people see this video, and they got help by finding out what a savings account is, right? Right. I feel good about myself on the inside, so it was more like the payoff I get on the inside for that. If 15 people see a video that I have on what a cashier's check is because they're typing that in YouTube, great! I did it. I did a good job; I felt that.

So let's flash forward then to today. How many hours do you work, would you say, a day? Or usually is it's hard because it's sporadic? So it's not like I just sit down, and I'm like, "9:00 to 5:00, I'm gonna do this today." The way I do it is like I work when I want to work.

Okay, I feel like I want to spend some time with my kids—I'm gonna go spend some time with my kids. I want to go take my kids to the park—we go to the park. I want to spend some time with my wife—I do that.

It's really hard to calculate, but I can tell you it's a substantial amount. I am very obsessive about YouTube. I'm very obsessive about my personal brand and what I built. I think part of that obsessiveness is why it has gotten so big and why it's going to where it's going is because I definitely spend a lot of time. I've never broken it down to think I spend 40 hours a week doing this, 50 hours a week. I might be up working 'til 3 in the morning one night, and the next day I might probably do anything in relation to YouTube or a personal brand.

But, you know, it’s a substantial amount; I just don't know a specific number. So let's break down really quick because I know we got to put this in the beginning of the video; let's break down the income really quick. So how does that break down?

So a good portion—that's YouTube. I think last month I made $23,000 or something around that just for YouTube ads that were played on my channel. You know, another significant portion comes from—I have a stock market membership group, a private group where I have like 300 plus investors in there who, you know, love to just kind of learn from me and whatnot. In that exclusive experience, they have contact with me; they talk with me in that group and whatnot. Yeah, I respond to all the comments.

Another portion is I have just one-time sales. Another portion of that is book sales, which is a much smaller portion. I still make affiliate marketing money from videos I put out a year ago, two years ago. I don't need—I haven't done affiliate marketing in probably a year, year and a half. I still have money coming in every single month from affiliate marketing. So all that ends up adding up to a pretty significant amount of money, and you know, it's great because it not only does it provide a great business and things like that, but it also allows me to spend more time on it and create more content and better content and those type of things, and also invest more money.

And yeah, I know how much time it takes to make YouTube videos, and I, I side make 3 a week, and to me, it seems like almost a full-time job. Because it's probably about eight hours of video is how much I really spend coming up with a topic, planning it out, filming it, editing it, responding to comments, thumb—that, I mean everything involved in that. I can't imagine doing a video every single day, always having something to talk about every single day, and having a family and a wife and why not.

Do you think you spend enough time with your family, and do you think you have a good balance in terms of work and family? Since I work at home, I'm super blessed. Okay, I work from home; my office is at home, so it makes it very easy for me to spend a ton of time with them. Sometimes I actually get distracted because my kids were banging on my office door, and they want to play, and then I start going and playing with them and playing hooky—the best for a productivity crime. But I feel like that experience is totally worth it, working from home.

So definitely a lot of time goes into it, but as far as like, you know, how much content I can make, I feel like it's unlimited. Like, I have probably a hundred—if you were to look in my iPad, I probably have a hundred plus video ideas just, just ideas all written out and everything. Just, oh my God, never mind that. But there's so much going on in the stock market all the time to talk about. This company did this; this company did that; this stock dropped huge; then the market went down a bunch.

I can be lucky—there's, I struggle. I can't even come up with—when's window it's Sunday right now, and today I got to plan Wednesday's video because I know nothing. It's—that stressful. There's so much always. I feel like it's too much. I feel like there's too much to talk about all the time, and I have to try to narrow it down. I'm like, "Oh, those 10 videos I want to make, but I'm only gonna make one today." What's the—I think I'm way too picky; I'm way too much like a perfectionist—that it has to be the perfect video idea at the perfect time.

But anyway, let's get back to this. But at what point did you realize that YouTube can actually be a business?

Who? I think when I started hitting me was probably early 2017. Early 2017, I come out with a book like basically how I went from zero to two hundred thousand dollars before age 25.

Okay, come out with that book; it does really well. Plus, YouTube views were going up substantially in that early part of 2017, and at that moment I knew there was a possibility that maybe this is all. I did, like I just invested in stocks, and then I just like make YouTube videos and like do stuff like that. Yeah, and that's when it started to hit me. And then here in, you know, the very beginning in 2018, I actually left my entire real estate marketing company, go. I just pulled home, sent all my customers an email: "Hey guys, I, you know, I'm spending the business on January 15th or whatever it was." And that was that.

So that was a moment I realized, "Okay, it's time to take that leap and just do this full time." But 2017 was kind of a time I was like, "I think I can just do this." Yeah, I remember that for me too; it was why I had one video pushed, my first video pushed. Okay, I think that that day until then I was making like a dollar a day, $5 a day, maybe like 10 bucks a day. And I realized like if I go three days like that, I can get sushi for free, you know?

But there was one day that a video got pushed; I think I made $143 that day. Yeah, and that to me was a, "Whoa! I didn't even know you'd make that much money on YouTube." And I thought about it like, "Wait a second; if I can do this every single day, that's a really good side income." And it was at that moment for me I was like, "I can actually rationalize spending so much more time on this. You know that I'm able to see some type of return on this, and I'm not gonna have to worry about—like I can't, if I if I end up doing more YouTube videos and scaling back on anything else, like I can actually make money doing this."

But how did you find that you were able to scale up your business from there? So my biggest thing is I like to keep things simple, okay? So for instance, everything I do, I try to keep as simple as possible, and I think that's so key in a lot of businesses, no matter what you do.

If you're building a personal brand, something online—if you're building a, you know, a physical business of some kind, you know, you do remodels of homes or whatever—regardless of what business you start, keep it simple. I try to keep everything as simple as possible. Yeah, the way I record, the way I edit, the way I do everything—I press the board; I want simplicity.

And I never procrastinate on anything. If I want something done, I do it right then and there. I'll wake up out of bed at 2:00 in the morning if there's something on my mind that I got to do. And I'm like, "I need to do that." I go do it right then and there. I'll get out of bed at 2:00 in the morning and go do it right then and there because I feel like if I procrastinate, it pushes things back, and I feel like that's just, you know, hurts productivity so much when you have this gauntlet of things you always feel like you're still behind on. I've got to keep it as simple as possible, and we can go from there.

Yeah, so at what point, though, did YouTube become more lucrative than, let's say, investing in stocks or your real estate company? How long did that take to scale up to? I would say 2018 has been the year where, you know, the YouTube just started pushing up to crazy levels, you know? And before that, it was like YouTube, "No, maybe I'll make a few thousand a month," you know, but this year 2018 has been the year where it just really, you know, exploded to new levels, and we just keep taking it up higher and higher.

So this is really the year that it just went crazy, you know? I'd be honest, yeah, I know it's the same way with me. So I think it's not just—it's not just you; it's exact. I've seen a lot of people, or 2018 has really been the year where I think—I think we all can learn from each other absolutely, and then just we all improve at the same time and make better content and figure out different ways to monetize those niches that haven't been touched.

Yeah, on YouTube, you know, where prior to me really, you know, I started my channel's market basis; everything, you know, I talked about personal finance and passive income building and regular business, but mostly stock market. When I came on YouTube, stock market investing channels, there was no such thing. There were channels out there, but no one would’ve had just—like everybody's views were like nothing; like, yeah, 20 views a video or whatever. And then I kind of came in the space and was able to be very successful and get a massive group built.

And now there's a lot of people coming behind me who are, yeah, I'm kind of push-ups. Yeah, so what do you say to all the haters out there that all of a sudden say, "You make more money selling courses than you do investing in stocks"? Shame on you! Shame on you! What would you say?

What do you say to those people? I say it's a fair criticism; it's a fair critique. And do it, but the way I do things is I'm a long—I'm an investor in companies, okay? So I might not even sell a stock in a month. Okay, so for a full month in the stock market, I might never sell a stock, and if I don't sell a stock, I technically didn't make any money or lose any money. So it's a low stock in a month, so then my income from stock market investing was zero dollars, and then I have all this money coming in from all these other places.

Like it's so unrealistic. Now, on the flip side, maybe I could sell a stock that I'm up on for a $50,000 or $100,000 profit, and that number's bigger. But most months, that's not the case because most months I'm not even selling a position. And if I do some type of short-term trade, you know, for instance, like a short-term position, I had missed Tesla— I bought in that it was like two—or no, the first time I bought was like 323. And then Elon Musk comes out, you know, a week later or whatever, and says he's going to take the company private. I sell out that day at like 380. I made $3,000 in, I don't know, a week or a couple weeks' time or whatever.

So, yeah, I had a profit there, but it was $3,000. So it still pales in comparison to the other money that's coming in through the door. So if people want judgment for that, that's fine; you can judge me for that, but just realize like there's some months I literally don't sell any stocks. If you don't sell the stocks, you technically didn't make any money; you didn't lose any money.

Yeah, see, I view it in terms of you providing a mass amount of value to a lot of people, and that's just easier to scale up. And that's, I'm sure at some point if I continue the whole YouTube and it might sell courses and this and that—I know at some point it's inevitable I will start making more money doing that than it will selling real estate or even investing in real estate.

Yeah, but I think it's just a level of scalability that I can sell a lot more worldwide than I can. Me, myself, investing my own time into selling real estate as an agent or investing in real estate, there's only so much I can do before eventually I reach the cap.

We'll see that. Yeah, the biggest key I think that gets people caught up from building a personal brand is they might hear a story like mine or see money, and they start seeing dollar signs. They're like, "I can just don't make a bunch of money from this." Okay? And it doesn't work like that. You have to give a ridiculous amount of value upfront.

Like if I didn't give the ridiculous amount of value I've given over the years in my YouTube channel, I wouldn't have the type of subscriber base I have, okay? So some people want to attack it as they want to try to make money from a quick, you know, in the short term or something like that, and now they don't even provide much value, and they never get anywhere, and they give up on her real quick.

Yeah, realize you will—a— the amount of value I feel I have given people out there is pales in comparison to what the amount of money I'd make in a given month I grated in here. Yeah, and I feel like most YouTubers would probably say, "Yeah, I agree with that." I think that weeds out probably 95, maybe even 99 percent of people out there; there was never put in the upfront work to get to that point.

Because even for me, I mean, this was at a point when I was doing like $400,000 and something dollars a year selling real estate, and I was spending more time at that point making YouTube videos, working 40 hours a week, coming up with videos, filming all the time to make—I think it was like $1,500 bucks a month or something.

I posted a video almost every single day for nine months before I made $100 in a month. That's not—that's yeah—a video almost every single day for a nine-month span before I even made $100 in a month.

Okay, so think about it like literally, I could have been living anywhere in the world, doing any job in the world, any third-world country—I would have made more money from my time than what I made my first nine months on YouTube. So, you know, it's a long-term payoff for a long-term value, you know, personal brand.

Okay, so let's go back and talk about something that a lot of people were mentioning on your channel. I was watching all the videos watching this drama unfold, but let's talk about Tesla. Do you regret looking back selling Tesla? Do you think you made a mistake doing that?

I don't know; I never try to regret anything. You know, when I look—I look at Tesla, okay? The first time I got in, I really wanted to hold it long-term. Elon Musk says it's going private; I don't invest in private companies. I saw out that day; I took my big profit and ran. Okay, second time I buy in Tesla, all of a sudden, a week late, whatever—Elon Musk says he's not gonna settle with the SEC. I'm like, "I don't want any piece of Tesla now at this point in time."

If he's gonna fight the SEC, because I've been stalking working a long time and I know you usually don't win against SEC—and there was a good chance they could have him taken down as a, you know, CEO and whatnot. You know, then a few days later, he decides to sell. That was a very good move by him, in my personal opinion. So I don't regret selling Tesla; I could buy it back in the future.

Good. Do you think that was an emotional decision not to sell it? You think about based very early on 100 percent logical. You do not fight the SEC. I don't care if you're Elon Musk, Warren Buffett, Bill Gates, Steve Jobs— I don't care who you are. You don't fight those guys, especially they had a lot of stuff on him, okay?

Yeah, so that was a hundred percent logical decision, and I'm like, "I don't want a piece of a company where I don't want a piece of Tesla really if Elon Musk is not there." I don't think it's the same; I don't think it's the same company without Elon Musk. You know, maybe some of the other people feel differently; I don't think it's the same.

So I think it would be very comparable to Apple without Steve Jobs, where I think if the right person comes in, I think they would still have a good outlook for a Tesla, maybe even a bit of a more rational approach. Yeah, but I don't know if that would—I don't think Apple was at a very different stage in their company with Steve Jobs.

Yeah, so, true then, where Tesla's at—Tesla's still at a very volatile stage in their company where they're still losing lots of money. They might be able to start making profits and whatnot; Apple was already making bank; everything was going great. Tim Cook comes in, and he just takes it to the next level, okay? They are at a very different stage.

So I agree when anybody compares them; it's a different stage rate. And yes, I agree with that. Now let me ask you, how often are you wrong? Because any time you make predictions, I think a lot of people want to know how often do you make mistakes.

Well, okay, so 2015, I made a mistake of getting involved with margin. I got involved with short-term trading; I got away from everything that made me successful. Everything that made me successful is long-term investing. So the whole 2015 year, we can just chalk that up as a horrible year; I lost a lot of money that year. I went against everything I remained successful in.

Then, coming out of that, I invest in two stocks right off the bat—going coming out of that, okay? I get back in the market; I'm like, "Okay, I'm gonna store long-term investing." One of them was Wynn Resorts, and I made how much money off that? It was phenomenal. One of them was a company—GoPro, okay? And coming out of that, that was the worst stock market decision I ever made in my life.

So that's for one particular stock. So I would say I'm right about a company for the long term 95 plus percent of the time. There's that, you know, three to five percent of the time I will be wrong about that company over the long term, and I'm willing to deal with that.

If you're gonna tell me I can be right 95 percent of the time on the long-term vision of that company, and I'm gonna make money, I'm gonna take that. Yeah. Short term, I'm wrong probably more than right because I invest for the long term.

So short-term volatility, I don't even care about that. If I feel a company's undervalued, I'm gonna make money in that next three, five, ten years. Now I'm buying that stock. So all the time I'll invest in positions, and in short-term, the next week, the next month, the next three months, that stock might go down more or may not do anything. I can deal with that; I'm in this for the long game, and they get those games.

So what do you think that made you successful from everyone else on YouTube, from everyone else trading, from everyone else trying to make the personal brand? What made you stand out? What characteristics did you have, or what specific things did you do?

It's tough to say. Yeah, one is being able to stick your head out there regardless if you get hate; that's a big thing for me. I literally don't care—like people can hate me; I can come out with a video, and everybody's mad at me. Oh, well, it is what it is, okay? I am willing to take that type of hate to give my opinion on the subject.

Okay? Another part is being as transparent as I am about gains and losses and almost type of things. I think that gained a lot of respect with a lot of people. I have videos on my channel on what happens. It wasn't 15; how I lost so much money— the GoPro investment—never took down any of those videos. People can still go watch all those GoPro videos I think the transparency is also a big factor.

And I think the last part is where I've taken the channel as far as news and keeping up with, you know, what's going on in the markets, going on with stocks and those type of things, and the entertainment value I bring. I think that's the next level of things, and then it's just the fact that I love this stuff. They calm all about stock market investing, so it’s so easy for me to talk about this stuff; it really just makes it easy on end.

So what should you be improving on at this point? What are things that you think you're not doing as well as you could be, or what are—what's the next step? The biggest thing I need is I need more channels to start taking off in the stock market niche because not everybody wants to watch me every day.

I understand that. A lot of people can watch my videos every single day; however, if there were more people doing this and a lot of people that were very successful, performing at a high level, I think that would push myself, my business, my channel—anything across the board even more so.

I think I can help other people more. I think if I look back now and other stock market channels that are on the come-up that maybe have, you know, 5,000 subscribers, 10,000 subscribers, twenty thousand subscribers—when those people reach out to me, I need to, you know, reach out back to them, and they ask me, "Quiet, you know, questions for me." I need to be willing to help them, and that's kind of my view, because that's probably the biggest thing that can push me and push the whole sector in my opinion.

So what would be then your advice to people like that watching, or for anybody watching, then? If they want to build a personal brand, if they want to make money from YouTube, who they want to make money trading stocks, whatever it might be for anyone watching, if you had like a few pieces of advice?

Focus long term, first off, okay? Focus long term. A lot of people are just trying—like we talked about—just trying to get short term. Don't—don't say—don't try to have people put you on. A lot of people want to get featured on a channel, a big channel or something like that. "Oh, put me on, you know, help me out," and that's how they want to get helped out. That's not the way you go about it, okay?

You want to build your thing for yourself, okay? They're gonna think about your channel. You built that from yourself; you didn't get on because some massive channel puts you on, and you just got a massive amount of subscribers for that, and you got big, okay?

So build your own thing. When you need advice from people that are further up the ranks, ask for their advice, and hopefully, they help out. And if they don't, you know, don't hold grudges or anything. You should never expect anything from anybody. If they help out, that is great, but focusing long term is, I think, the biggest thing that most people are not doing in there.

There are a lot of channels that are on the come-up that when I look at them, I'm like, "Why are they posting so few and far between?" That's another big thing; like they'll post twice a week, once a week, or something like that, and I'm like, "This channel has big potential, but they're just not— they're not quite seeing it yet." They're not quite seeing that they're gonna—they have such big potential here, but they're producing enough content.

So I think that's another thing; there's more content out there. And there's other—there's a million different things I could go into. But yeah.

Is there anything else you want to say?

There is! Are you guys coming to our conference? It should be that big, comment—yeah! Pin comment, come to our conference in Las Vegas! Spend a full day with myself and Graham if you want; it should be phenomenal—personal branding! I'm gonna go super in-depth on that if you want to build an actual online personal brand to make money from that, stock market investing outlooks, industries I'm looking into that I see big potential in particular stocks—Graham's gonna spend three to four hours.

Yeah, yes. So ideally, I want to go in to buy and hold real estate investing in terms of getting rental properties and building up cash flow because that's something I really like to do. So that's something that I would love to share and teach everybody exactly what to look for, how to calculate cash flow, how to figure out what to invest in, what not to invest in, what to get, and what to avoid.

I'll be watching like a hawk! Yeah, I'm really looking forward to it. So if you guys want to hear me actually speak in front of people and be super nervous, make sure to go and get a ticket to this! It's gonna be a fun event—December 1st in Las Vegas. Hope to see you guys there!

And I think with that said, thank you guys so much for watching. I really appreciate it. If you guys made it to the very end and you haven't already smashed that like button, you gotta smash that like button! Smash the notification bell, smash that subscribe button, and then add me on Snapchat and Instagram! I post there pretty much daily, so if you want to be a part of it there feel free to add me there.

Check out the links in the description. Thank you again for watching, and until next time!