00:00the college major you choose and the
00:02career that it leads to is going to have
00:04a massive impact on your financial
00:06health and your Financial Health impacts
00:08literally every other area of your life
00:11like your physical health your mental
00:12health and your relationships in fact
00:15you've probably seen all the studies and
00:16articles that show that financial
00:17problems are the number one reason for
00:20divorce and I would have to agree with
00:22this from personal experience is this
00:23was probably the reason that my parents
00:25got divorced when I was young and
00:27through A Series of Unfortunate Events I
00:29kind of went down a wild path where I
00:31ended up homeless and I got in a lot of
00:33trouble and thinking back on it
00:34Financial issues were one of the reasons
00:36why I had such a rough childhood and now
00:38I am in a great place I can honestly say
00:40that I live my version of a 10 out of 10
00:43lifestyle where I get to work remote and
00:45travel the world and I can tell you from
00:46my own personal experience as somebody
00:48who's been down bad right like the
00:50lowest of the low at least in the United
00:51States to now being in the top 99 of
00:54earners and you know I could actually
00:55retire in my 20s if I wanted to I don't
00:57want to retire but I could and I can
00:59honestly say that people that say money
01:02doesn't matter are absolutely delusional
01:04money does matter and study after study
01:06after study shows this we know that
01:08money does make you happier at least up
01:10to a point and we also know that not
01:12having money makes you more unhappy AKA
01:15more stressed and depressed and the way
01:17that I was able to get myself out of
01:19that down bad type situation to the
01:21point where I'm at right now is because
01:23I went where the opportunity is right so
01:26go where the opportunity is is the
01:28slogan of this Channel and you can do
01:29this as well which I'll show you how to
01:31do in this video and whether you agree
01:32with the current you know Financial
01:34system or not because trust me there's a
01:36lot of problems with this financial
01:37system it's important to make practical
01:40decisions and control what you can and
01:42that means it's important to consider
01:44money when it comes to choosing your
01:45college degree or your career especially
01:47if you're planning on taking out a bunch
01:49of student loans in order to go and
01:51choosing the right degree and really
01:52choosing the right career because you
01:54should begin with the career in mind
01:56when you're deciding which degree to
01:57choose is going to put you ahead of like
01:59it least 95 percent of other people and
02:02probably 99 of other people who are your
02:04age so if you really pay attention to
02:06the options I give in this video as well
02:07as the advice that goes along with it
02:09you are going to have an unfair
02:11advantage over just about anybody else
02:12who is your age all right so we are
02:14going to go over what college degrees
02:16create the most millionaires but on top
02:17of that I'm going to be talking about
02:19why those college degrees create the
02:21most millionaires so if you appreciate
02:22me doing videos like this go ahead
02:23gently tap that like button and let's
02:25get into it number 13 on the list is
02:28going to be medicine and this is
02:30actually what I did and I believe that
02:32it's a mediocre to good way of getting
02:34rich now why do I say it's mediocre well
02:37because obviously it's number 13 on the
02:39list and not like number three now I
02:41think they actually Bunch together
02:42medical doctor with a lot of other
02:43medical related careers but the process
02:45of becoming a doctor is really hard and
02:48being a doctor is even harder and I've
02:50made entire videos on reasons that you
02:52shouldn't become a doctor so you can
02:54definitely check that out I'm not going
02:55to go into too much detail in this video
02:57but basically when you're a doctor it's
02:59a extremely stressful they have some of
03:01the highest stress rates they have some
03:03of the lowest job satisfaction and on
03:05top of that Unfortunately they have some
03:06of the highest self-deletion rates and
03:08for most people I actually recommend
03:09looking into some of the other medical
03:11related careers that don't take as much
03:13time effort or money to get into and
03:15they're also not as stressful like PA
03:17nurse practitioner and pharmacist for
03:19instance but even with those it can be
03:20extremely stressful I mean I think we
03:23all saw how the government handled the
03:25whole cough cough situation because as
03:28we all saw they did a great job
03:31now the upside here is if you work in
03:34medicine which I'm referring
03:35specifically to like an MD or a do
03:37that's medical doctor or doctor of
03:39osteopathic medicine you are going to
03:41make really really good money and that's
03:43why you do see it on the list but with
03:45that being said you're probably going to
03:47be old by the time you have enough money
03:49to actually enjoy it and you are going
03:52to be either in medical school which is
03:53extremely stressful or doing residency
03:55which is probably even more stressful
03:57during the best years of your life and
04:00then when you finally become a fully
04:01fledged doctor in your 30s or even 40s
04:04in some cases you're gonna have to pay
04:06off a bunch of student loan debt so this
04:08can be a great choice but I think it's a
04:10little bit overrated like the way the
04:11media Hypes the career up I think it's
04:13super overrated there's way too many
04:15people trying to go into this and
04:17they're doing it for the wrong reasons a
04:18lot of the time because their parents
04:20want them to or they think Society is
04:22gonna you know see them a certain way or
04:24something like that you guys are
04:25probably wondering why I spend so much
04:27time like autistically researching this
04:29stuff and that's because if you get this
04:31right uh it's gonna absolutely change
04:33your life most people choose the wrong
04:35career three or four times before they
04:36find the right one and this affects
04:38literally every area of their life not
04:40just their finances but their
04:41relationships their mental health their
04:43physical health Etc and being able to
04:45help people figure this out at a young
04:47age without having to go to college and
04:49spend like a hundred thousand dollars
04:51makes me incredibly happy and fulfilled
04:53and that's what keeps me going seeing
04:54all the positive comments jumping on
04:56calls with people doing interviews with
04:57them it really is fulfilling but but I
05:00digress let's go ahead and jump into
05:01number 12 which is mathematics so
05:04Galileo said mathematics is the language
05:06in which God has written the universe
05:08and the president of the Free World Joe
05:10Biden said cost about 740 million
05:13billion dollars over 10 years what I
05:16think you get the point math is hard
05:17even for presidents but if you happen to
05:20be one of those rare Giga brains who is
05:21both good at math and you enjoy it then
05:24you will probably never go without a job
05:26and this can be a good degree for you to
05:28get so for instance one of the most
05:30famous hedge fund managers in the world
05:31Jim Simons was actually a mathematician
05:35so he figured out how to use mathematics
05:36in order to basically predict the
05:38markets in the real world and he makes
05:40literally billions of dollars a year so
05:42he is probably going to have like a
05:44hundred billion dollars if he wants to
05:46so yeah if you are one of those rare
05:48people who is good at math and you
05:49actually enjoy it there are many
05:51practical applications to it in the real
05:53world so I'm not surprised to see this
05:55one on the list number 11 is going to be
05:58management now this is going to be the
05:59the first of many business degrees that
06:01you're going to see on this list and I
06:03think there are many reasons that
06:05business degrees Dominate and I think
06:07one of the main ones is the fastest way
06:09to become a millionaire is to start a
06:12business now it's definitely not
06:13impossible to become a millionaire
06:14without starting a business you can
06:16definitely do it by investing getting a
06:18good job Etc but typically those are the
06:20types of people who become millionaires
06:21when they're too old to enjoy the money
06:23now there are definitely exceptions to
06:25this because there's some jobs that are
06:26just so high paying so in demand that
06:29you can actually become a millionaire at
06:31a young age number 10 on the list is
06:33going to be political science and one of
06:36the best ways to get rich if you have no
06:38empathy ethics or moral compass is to
06:44oh or if you can't become a politician
06:46just invest in the same stocks as Nancy
06:49Pelosi and you'll probably be pretty
06:50well off but it's not just Nancy Pelosi
06:53nope over half the members of the U.S
06:55Congress on both sides of the aisle are
06:57millionaires so the people who are
06:59representing the interests of common
07:01people tend to be people who have way
07:04more money than common people and so
07:06therefore can't really relate to us but
07:08all joking aside uh understanding
07:10politics understanding kind of how
07:12countries run how the world works is
07:15going to help you in life whether it is
07:17getting a good job whether it is
07:19learning how to save your money whether
07:21it is learning how to invest your money
07:23or maybe possibly learning where there
07:25are good business opportunities so the
07:27government for instance actually spends
07:29more money than any other entity in the
07:31entire world and so one thing I have
07:33talked about before on this channel is
07:35getting grants and government contracts
07:37so if you start a business where you
07:38secure government contracts that can be
07:40really good money and kind of
07:41understanding how the political system
07:43works and how the government works is
07:45going to help you do that number nine on
07:48the list is finance and do you want to
07:50make an ungodly amount of money without
07:52actually contributing any value to the
07:54world then a finance degree might be
07:56perfect for you just kidding there are
07:58some types of finance that are important
07:59and necessary in society but one thing I
08:02will say about this is that it is highly
08:04competitive right if you go into some of
08:06these Finance roles yes they do pay
08:08really good money but they also are
08:10going to make you work long hours and
08:12it's kind of boring repetitive work a
08:14lot of the time and it's highly
08:16competitive if you're not hitting your
08:17numbers you're probably going to get
08:18fired so this can be a great option for
08:20people who are kind of like type A
08:22personalities and just love working long
08:24hours and I would say not only is
08:26finance one of the best degrees to
08:27become a millionaire but it's probably
08:29one of the best degrees to become a
08:30billionaire as well but with that being
08:32said be careful what you get yourself
08:33into now obviously this one is going to
08:36probably help you when it comes to
08:38Investments as well you're probably
08:39going to be really good at budgeting
08:41saving and investing your money and on
08:43top of that it does tend to lead to
08:45higher paying jobs and the third thing
08:46is there's a lot of opportunities to
08:48start businesses within the finance
08:50industry I would say it's probably the
08:51industry that has the second or third
08:53most opportunity so this one can be
08:55really great number eight on the list is
08:58going to be computer science and I think
09:00everybody who watches this channel knows
09:02this is a great degree you know if you
09:03get this degree you might be able to
09:04create the next social media app that
09:06ruins an entire generation's attention
09:08span like Tick Tock or maybe you can
09:10create the next piece of software that
09:12steals people's data and gets away with
09:14it just kidding there's a ton of great
09:15things that software developers
09:16obviously do but yeah getting a job as a
09:19software developer in the technology
09:20industry is basically like cashing in a
09:22golden ticket to success and with a
09:24computer science degree not only can you
09:25make a ton of money in a job but on top
09:28of that you're going to be in the
09:29technology industry where there is a ton
09:31of opportunity to start a business and
09:33software development is one of the few
09:35skills where it has almost infinite
09:37leverage right you can create a computer
09:39program a website a piece of software
09:41where you can actually impact Millions
09:44of people's lives right one single
09:46person can create a website that
09:47millions of people visit one single
09:49person can create a piece of software
09:51that millions of people can use there's
09:53really only a few skills out there that
09:55give you that much leverage so this is
09:57truly one of the most valuable skills
09:58that you could possibly learn next on
10:00the list number seven is going to be an
10:02accounting degree yes another business
10:04degree and surprisingly enough it
10:06actually comes ahead of Finance which
10:08probably surprises a lot of people out
10:10there and accounting is not only a very
10:12solid career but it is going to teach
10:14you the fundamentals of personal finance
10:16as well if you're an accountant
10:17obviously you know the ins and outs of a
10:19business so you're going to know the ins
10:21and outs of your personal finance and on
10:23top of that there are a lot of
10:24high-level careers you can go into such
10:25as Financial control or I actually
10:27interviewed Bill Hannah on this channel
10:29I believe he makes somewhere around 250
10:31to 300 000 and he got an accounting
10:34degree plus if you work in something
10:35like tax accounting you're going to see
10:36a million examples of different
10:38businesses that are successful and
10:40that's going to give you a good idea of
10:42what types of businesses you could start
10:43to also be be successful right if you
10:45see a bunch of people from certain types
10:46of businesses who are barely getting by
10:48they're struggling and then you see a
10:50bunch of people from other types of
10:51businesses that are absolutely crushing
10:52it every single year making like double
10:54the amount of money you probably know
10:56where the opportunity is so yeah
10:57accounting degrees give you an advantage
10:59in so many different ways number six on
11:01the list is going to be Commerce and
11:03this can be called different things
11:04depending on the country that you live
11:05in but essentially it's how trade works
11:07on a global level and yes this is
11:09another business degree so no surprise
11:12to see this one here business degrees
11:13tend to lead to relatively high paying
11:15jobs the statistics are very good for
11:17business degrees on top of that people
11:19who get business degrees tend to be
11:20better with money things like saving
11:23money right and investing money and
11:25number three they're probably better
11:27when it comes to what to invest their
11:28money in and then number four people who
11:30get business agrees are more likely to
11:32be successful if they actually start
11:34their own business number five on the
11:35list is going to be a Bachelor's of
11:37Business Administration now this is of
11:40course another business degree no
11:41surprise to see it here now one thing I
11:43will say about these business degrees is
11:45you do have to consider correlation
11:47versus causation and what I mean by that
11:49is are people who are interested in
11:52business degrees more likely to be
11:54successful or is the business degree
11:56itself more likely to lead to people
11:58being successful and the truth is you
12:00can never say for sure which one it is
12:02but it's probably a little bit of both
12:04now I will say this data is from like
12:06the last 80 years obviously of people
12:08who have become Millionaires and I do
12:10not recommend getting a bachelor in
12:12Business Administration right now I
12:13would actually say it's much smarter to
12:15get a more specialized Business Degree
12:17number four on the list is going to be a
12:19law degree and lawyers are slightly
12:21better than politicians but not by much
12:24now of course there's a ton of great
12:25lawyers out there but any lawyer who's
12:27being honest will tell you there are a
12:29bunch of sharks in the profession like
12:31actually you know I had a patient before
12:33who I'd see like you know maybe once a
12:34month or so and every single time I saw
12:36him he'd tell me a new lawyer joke and
12:38he would actually warn me to not trust
12:40lawyers in my life which I thought was
12:42kind of funny now that being said it's
12:43kind of not fair where to put this one
12:45on the list because it is technically a
12:47doctorate level degree whereas almost
12:48all the other ones on the list are
12:50Bachelor level degrees and also lawyer
12:52is one of those professions that's
12:53extremely stressful kind of like doctor
12:55in fact I'd say it's even worse so I
12:57made an entire video about why you
12:59should not become a lawyer as well and
13:01you can check that out number three on
13:03the list is going to be economics and
13:05this is one that you can get at the
13:06bachelor's level you can also get a
13:08master or a doctorate level degree if
13:10you want to become an economist this is
13:12one that a ton of famous people have
13:14gotten for some reason like former
13:15presidents Ronald Reagan George H.W bush
13:18Donald Trump as well as investing Legend
13:20Warren Buffett so it's no surprise to
13:22see this one at number three on the list
13:24and it's also technically a social
13:25science degree now there is a part of
13:28Economics where they use things like
13:29facts logic it's an actual science and
13:32then there's the other faction of
13:34Economics where they basically use
13:37wishy-washy logic in order to justify
13:40whatever they believe in and it's
13:41usually involving things like printing
13:43trillions of dollars dollars or giving
13:45people who are already really powerful
13:47even more power but I digress economics
13:50is very similar to a business degree but
13:52I think it sort of studies the economy
13:54on more of a holistic level and so
13:56obviously if you're shutting the economy
13:57you're going to kind of see like oh what
13:59industries are absolutely crushing it
14:00and then when you look into that a
14:02little bit more you'll probably see what
14:03types of businesses are crushing it and
14:04so that's going to give you an advantage
14:06if you want to either go work for those
14:07businesses or you want to start your own
14:09business and then of course economics
14:11does tend to lead to relatively high
14:13paying jobs for instance you might work
14:14in finance and there's a lot of high
14:16paying jobs there and understanding
14:18economics is going to lead to you asking
14:20questions like why the is the
14:22government printing trillions of dollars
14:24and then sending it to other countries
14:25just kidding nothing to see here move
14:27along number two is going to be a
14:29Masters in Business Administration or
14:32MBA now this is another one where it is
14:34not a bachelor's level degree it is a
14:36master's level degree and it's also a
14:38business degree so not surprising to see
14:40more business degrees on this list now
14:42this is one where it's extreme really
14:44hit or miss because if you go to the
14:46right school and get an MBA from that
14:48school I do think it can be worth it it
14:50can open up doors for you that you
14:52wouldn't have access to otherwise so it
14:54can be great for networking for instance
14:55if you go to Harvard Stanford Wharton
14:58but if you get one of those mbas that's
15:00basically like a Cracker Jack box MBA
15:02which I almost got myself that's
15:05probably not going to be worth it so
15:07when I was going to school for pharmacy
15:08I had the option to actually double
15:10major and get my pharmd which is a
15:12doctorate level degree and my MBA at the
15:15same time and at first I was like oh my
15:16God that's awesome and so I decided to
15:18actually take my Summers my little bit
15:20of free time that I had in my
15:21accelerated program to do this MBA
15:23course and I quickly realized that the
15:25people who were teaching the MBA course
15:27had zero business knowledge or
15:29experience and by that time I had
15:31actually started two successful
15:33businesses I wasn't making like crazy
15:35money but I had started two successful
15:37businesses one of them was selling
15:39eyeglass cleaner and the other one was a
15:41Consulting business related to Pharmacy
15:42and I realized that even though I didn't
15:44know much about business I knew more
15:46than the professors who probably only
15:48did business like 20 or 30 years ago if
15:50at all and they were teaching me so they
15:52were basically just teaching theoretical
15:54wishy-washy stuff that didn't actually
15:56work when you try to apply it in the
15:58real world so if you go to the right
16:00school and get an MBA degree yes you can
16:02Network yes it's going to open doors for
16:04you you can get great jobs but I
16:05typically do not recommend getting an
16:07MBA degree unless you really have
16:09researched it number one on the list is
16:11going to be engineering and one thing I
16:14will say about this I'm not surprised to
16:16see engineering here because you do make
16:18more money over a lifetime with an
16:20engineering degree than any other type
16:22of degree out there but one thing I will
16:23say is I'm a little bit surprised they
16:25didn't separate out the engineering
16:26degrees like they did with the business
16:28degrees because you make a lot more
16:29money as an electrical engineer or a
16:31chemical engineer than you do as a civil
16:33engineer for example but yeah lots of
16:35former grads that are billionaires like
16:37Jeff Bezos Neil Armstrong model Cindy
16:40Crawford Bill Nye the Science Guy and
16:42even Ashton Kutcher so you see Engineers
16:44representing in just about every
16:46industry out there now funny enough not
16:48only are you more likely to become a
16:49millionaire if you're an engineer but
16:51you're also more likely to become a CEO
16:53of a Fortune 500 company and you're more
16:55likely to become a billionaire so
16:57engineering degree is absolutely
16:58dominate these types of lists now you
17:00could argue is it correlation or
17:02causation you know really smart people
17:03who are able to do engineering maybe
17:05they would have been successful even if
17:06they did something else again I think
17:08it's a little bit of both but with that
17:09being said engineering teaches you
17:11practical problem solving which is what
17:13entrepreneurship is all about as an
17:15entrepreneur you go out there you find
17:17problems that a bunch of people are
17:18having and then you solve those problems
17:20in the form of a product or a service
17:22now if you're in a situation where
17:24you're confused about what degree you
17:26should choose I actually made an entire
17:28video that's dedicated to showing you
17:30exactly the steps that you should follow
17:31in order to choose your dream degree and
17:34you can check that video out right here
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