You guys like the "$0 Data Science bible," well today I'm going to show you how much
you can learn with just one dollar. This is the $1 data science bible.
Welcome back to the channel guys this is a channel where i do personal finance
data science and hacking your growth trying to get you to six figures in six months now
my name is andrew and this is professor meatball he's wearing a snazzy tie i'm here to tell you
exactly how you can spend your dollar correctly and do the most by learning data science as fast
and cheaply as possible we're gonna cover one dollar per hour day week year and one dollar if
that's all you ever had before you go anywhere if this ends up being the video that you were
looking for please hit that like button and that subscribe button for the youtube algorithm and
without further ado let's go the first thing we'll cover is what you'll do if you had a dollar a day
it's my personal choice and what i would do if i had to relearn data science from the beginning
now if you wanted to go ahead and put that dollar back in your pocket and wait until the end of the
video i'm gonna cover a lot of free resources that you can access today one dollar a day gets you
premium access to websites that have data science hands off as in a package such as data camp and
lead code lead code is one of my personal favorite ways to get started if you want to do all the
free questions first there's about 20 to 40 free questions on sql and python if you get started one
a day and then really drill them down that could be 30 days that you can basically take that dollar
put it back in your pocket and learn completely free now if you wanted to pay a dollar a day the
35 a month premium package could be for you and if you don't like it just cancel and download all the
questions don't don't tell them that andrew sent you data campus on the other side of the spectrum
they have projects that you can interact with they have courses and different slack channels that you
can interact with so it is a community whereas lead code is more of a resource this is probably
a good time to say i'm not affiliated with any of the products that i'm going to recommend today but
if you wanted to have that price range data camp could be a good place to go or if you wanted a
hands-off experience where you just wanted to see the interview questions themselves then lead code
is a good way to go so before we go too far let me take a sip of tea and remind you that most people
go into data science straight out of school so let's talk about what school refers to this is
usually a four-year university degree from an accredited university something in computer
science or maybe another technical major now how much do those cost well at the university where
i went to the university tuition per year in 2020 to 2021 is a whopping sixty thousand dollars sixty
thousand dollars for just the book learning but if you wanted to live on campus or somewhere near it
it's gonna cost an extra twenty thousand dollars extra on average that's eighty thousand dollars
so eighty thousand dollars broken down into a year that's somewhere around eight to ten
dollars an hour that's probably gonna be the most expensive option and the worst part is it
doesn't matter what you major in if you major in the wrong thing oopsy daisy you actually end up
having to go to another data science learning resource so this is an option to learn something
adjacent to data science when you get your data structures and algorithms from your
computer science degree maybe you have to pick up the statistics with a double major or a minor
or pick it up online either way this is an expensive option that is usually a requirement
for larger companies looking for data scientists but if you wanted to circumnavigate this option
only smaller companies and more experimental hiring teams are looking for people without
an undergraduate degree so eighty thousand dollars is it worth it at the end of the day you have to
decide if you have financial assistance then the situation can change you can go as low as 20 000
or perhaps even free if you can combine financial assistance and academic scholarships but what if
you say andrew i actually only have a year i'm already a working professional or i just want to
fast track my education well the mitx program pathway to data science degree might actually
be your best bet or any kind of degree that is along the similar vein now all of these degrees
are going to be around a year in length and the tuition is going to be cut in half you're looking
at a 26 000 degree that's gonna roughly take a year to complete if you already have a bachelor's
in something else or another technical degree you could try your luck at this degree which costs a
whopping three dollars an hour for 26 000 tuition over the course of a year this course specifically
teaches advanced python for data science four data science core courses two data science electives
but you can easily find a lot of other micro courses that are being set up more frequently
now you're probably asking yourself what are the prerequisites for this course well actually
interestingly enough a prerequisite for this course is an entirely free micromasters offered by
edx the edx free course allows you to see whether or not you enjoy the micromasters you can see
what you you like and what you don't like and then if you want the official certificate and the next
step then you go to mitx i'll be doing an entire list of free data science resources in the future
but this time is about what you can do with your money so i'm gonna cover more paid courses what's
that you say you need to do it even faster well general assembly might have the answer for you
in three months they'll try to take you through a data science bootcamp and that's the next type
of education bootcamps general assembly tries to take you through as much data science as possible
through the course of three months and this probably has a lower bar than mitx for people who
want to enter a program from a non-data science background now before you start your journey
here you have two options you can pay up front which is around sixteen thousand dollars that's
actually a whopping eight dollars an hour for the three months that you spend there or if you're in
an eligible state you could sign a income share agreement this is something akin to paying nothing
upfront and then having a piece of your salary go to general assembly for the next fiscal year this
can actually end up adding up if you do get a six figure data science salary they're usually going
to charge somewhere between a 15 to 25 income share which means after taxes your income goes
to general assembly and it's probably going to add up to more than 20 000 so 20 000 of the course of
the year but you have to be employed first that's the proof of work or 16 000 ahead of time where
there's no proof of work to be found and you could end up just not being able to leverage that degree
after all so do these boot camps really work well i have anecdotal evidence from a mentee of mine
that had to go through one of these boot camps and still couldn't leverage that experience as part of
a data science journey so he had to opt into the last type of data science education that isn't
free which is coaching and mentorship now if you watched my video on my nine passive income sources
you would have known that there is two different types of coaching one which would be an income
share like we talked about and one which is week to week payment or an upfront payment similar to
general assembly's options now the difference between general assembly and an individual
mentorship is that a coach is someone who has actually made it in the industry and can leverage
his own network and give you one-on-one access to his experience and his coaching materials general
assembly is less high touch probably putting you into zoom meetings with a one professor to many
students ratio and probably look at similar video content and how-to guides such as data camp rather
than actual textbooks which you would read in a normal university setting the difference between
a mentorship is that a mentor has to be with you one-on-one throughout the entire journey helping
you crack the data science interview helping you go into python and sql and making sure that you
understand how to expect the unexpected for each part of the data science journey in a custom path
for you so this actually runs a lot less than the sixteen thousand dollar tuition
you can expect an eight to twelve week mentorship costing somewhere between five to six thousand
dollars up front at least that's what my historic mentorships have been and you can see income
shares anywhere between 8 to 15 that is a lot lower than what general assembly would offer you
so with general assembly it's more of a cookie cutter bet you're trying to put your money into
a pool of people that may or may not be directly incentivized to help you on the other hand
a direct mentorship is on the hook for every part of your journey so if you have a good relationship
with one person then you can have dual incentives that match together along your journey helping you
get a job which helps them get success i'm a big believer of giving you guys resources when
i promise it so here are some free resources i'm gonna cover more in detail in the next video but
for now i'm gonna say that if you still have that dollar that you put in your pocket after
going and checking out one of these free resources then i would suggest maybe tossing it
my way because i'm gonna start for the next two weeks a one dollar patreon tier that is going to
go away in two weeks if you wanted to support your local Andrew from DataLeap and you had no idea how
to this is a good way to do it and it's going to go away in two weeks so now is a good chance to be
able to take that one dollar put it in a place that you know and love andrew who is creating
free resources for you and won't stop doing it until the end of time if this video made you
laugh i really appreciate a like for the youtube algorithm a subscribe if you have not subscribed
yet if you like photos follow me on instagram i'm going to start posting daily starting tomorrow if
you want to hang out with me and ask me direct questions go ahead and join the free discord
down below and while you're down there check out any of the other links that really supports the
channel whichever one you do right now i'm gonna push WeBull which gets you three free stocks
if you sign up and make an account it's just putting your money in a safe place right before
some pandemic-y stuff can happen to it for now but not for forever i'll see you guys next time peace
what is that people hear that are we going to explode stop
oh yeah okay it's gone no it's still there it's just really high now there's just some strange
high-pitched whistling and now it's gone not free not free