this is how much money I spent in a week as a millionaire living in New York City
it's no secret New York City is expensive now if you're already
subscribed you know that on my channel we tour some of the most expensive
luxury properties around the world and recently on YouTube there is a personal
finance trend that's been going around where people document and share their
weekly spendings in the city that they live in and when I added up the costs at
the end of this week I was actually a bit shocked at how much I can spend in a
given week so in this video I'm going to share with you exactly how much I spend
in a typical week as a 30 year old living in one of the most expensive
cities in America Monday morning usually starts around 5 a.m. Hannah and I will
wake up take our time getting out of bed put on our shoes in the morning
I don't even grab my wallet when I walk out the door just because I know I won't
be spending any money the wallet stays at home and we biked to the gym I've had
this bike for 15 years biking is a great way to get around the city - the upfront
costs of buying a bike it will pay for itself pretty much instantly compared to
other ways of getting around the city now my gym membership is pretty pricey
it comes out to just around 8 dollars and 60 cents per day they have locations
everywhere on the city and all in all it's just a nice gym and something like
health you can't really put a price on that
post-workout I will have coffee and coffee will cost me just about 25 cents
coffee is something I will never pay for it'll be a very rare occasion that I
actually go out and get coffee most mornings for breakfast I will have a
massive protein shake I'm talking this thing has close to 1,500 calories in one
shake I work from home and I film the majority of these videos at home so for
the rest of the day I filmed a video that's going up on our second channel
then for lunch I had to Trader Joe's and veggie burgers with lentils spinach and
a protein shake the shake costs two dollars and seventy-five cents and the
total for this lunch comes out to six dollars and 77 cents then the rest of
the day I spent working on our brand Hannah and I are actually launching our
first company which is just I mean you'll find out a bit more about it
later and we are super excited for that then on to dinner
through twenty five dollars and eighty one cents and as we go throughout this
video you'll actually see that Monday is the most cost effective day of the
entire week Tuesday morning started off a bit later than Monday for breakfast I
had a bowl of cereal for 87 cents and a pot of coffee for 25 cents we don't
believe in single-use plastic in this household so we have a pure water filter
so water is 100 percent free Tuesday was my busiest day of the week tons of
meetings lined up so instead of going to equal acts I worked out in the basement
in my apartment for free but because equinox is paid by the month I still
paid the eight dollars in sixty cents for the gym even though I did not go
after the workout I had my typical protein shake for seven dollars and
thirty cents then I jumped on the subway for two dollars and 75 cents
head to my first meeting of the day with Kevin O'Leary from shark tank very
ironic that I was filming what I spend it in a week video when I'm meeting up
with a man who was easily worth in the hundreds of millions of dollars after
the interview with Kevin I went and grabbed some lunch at sweet green
normally I never do this like I said I like to cook all my meals here in the
apartment but on days where I am busy and I'm running around the city it's
just more convenient to grab food on the go after lunch I jumped on the subway
and headed uptown to Madison Avenue where I had a pretty big meeting with a
real-estate brokerage after the meeting I walked back to the subway jumped on
the train for another two dollars and 75 cents it was late at night I wasn't
really feeling too hungry so for dinner I just had a protein shake for two
dollars and 75 cents bringing the total for Tuesday's
spendings to 45 dollars and 66 cents Wednesday morning I woke up with the Sun
not quite as early as the 5:00 AMS I did some work on my computer from the couch
and had my 25-cent coffee after coffee biked to the gym with Hannah and we got
in a killer workout for eight dollars and sixty cents post-workout I had my
usual protein shake for seven dollars and thirty cents and then I had a pretty
large spending YouTube is a business and I booked my first travel trip for 2020
which ended up costing me one thousand of four hundred and one dollars and
ninety cents now this is a business expense you have to spend money to make
the West Village for an event with the Tourism Board they actually had a good
amount of food there so dinner is technically free and after that we
headed back home on the subway for another two dollars and 75 cents
bringing the total spendings of wednesday to one thousand four hundred
course my protein shake for seven dollars and thirty cents Thursday again
I was working from home on the new company and the day kind of just flew by
and for lunch I had two tempeh sandwiches for six dollars and 77 cents
after lunch got back to work didn't really feel much of that just because it
was me sitting in front of my computer dinner on Thursday was pretty light I
just had one of those small protein shakes for two dollars and 75 cents then
Thursday night there was another expenditure that isn't in the typical
week of what we would spend we took an uber for $34 and 16 cents to a potential
apartment that we might be filming and then took an uber back up town for $20
bringing the total spendings on Thursday to 82 dollars and 72
it's Friday I was feeling a bit under the weather I woke up early and got my
workout in for 8 dollars and 60 cents everyone has these days from time to
time the rest of the day I just stayed inside and worked from home I had my
coffee for $0.25 my protein shake for 30 cents as a creature of habit for lunch I
had the two tempeh sandwiches from the day before for dinner I had my protein
shake again bringing the total spendings on Friday to $28 and 56 cents I thought
I felt bad on Friday Saturday was even worse even though I didn't go to the gym
I still spend my eight dollars and sixty cents bringing the total of Saturday to
the exact amount is Friday twenty-eight dollars and fifty six cents Sunday I was
actually feeling a lot better and it happened that my mom was in town
visiting from New Jersey and whenever I have friends or family in town I feel
like it's an obligation as a host to treat the people that are staying with
you Hannah my mom and myself jumped on the subway for $8.25 we went downtown to
one of my favorite breakfast spots to ends
and with that said eating out in New York City can be I mean saying it's
expensive is an understatement it's literally double than anywhere else
in the entire world unless you are in another major city and the grand total
for breakfast came out to eighty eight dollars and twenty-nine cents but for
three people it's really not that bad after breakfast we all jumped on the
subway and I treated for $8.25 then we all walked over to Hudson Yards which
was 100% free Hudson Yards is the newest tourist attraction in New York City and
I highly recommend if you are visiting to take the time and check it out after
exploring Hudson Yards we all jumped in a taxi normally we would have taken the
subway by Hudson Yards is pretty far out of the way so we took a taxi for twenty
dollars and 15 cents when you are visiting New York City the main things
to do are shopping and eating and walking two of those things cost a lot
of money so of course with family in town we all went out to lunch to my
favorite vegan Mexican restaurants called jaar jaar jaar the grand total at
jaja came out to a pretty expensive ninety eight dollars and seven
three cents and of course after that all three of us back on the subway for $8.25
after my mom and my sister left I had my typical protein shake at home for seven
dollars and thirty cents bringing the grand total spending on Sunday to two
hundred thirty nine dollars and 22 cents looking at this number it's kind of a
bit disbelief at the same time you know living in a city does add up pretty
quick with all of that said the grand total for the week comes out to 1882
dollars and 58 cents that amount right there it's a lot of money but that is
not the true amount that I spend in a typical week now we have to take into
account the recurrent upfront monthly costs of living and running my business
in New York City which can add up faster than I could ever imagine doing this
exercise first up is housing I currently still rent my apartment in the city with
the big goal of Hannah and I buying an apartment at the end of the year and the
monthly rent for our one bedroom apartment is three thousand and nine
hundred dollars which comes out to nine hundred and seventy five dollars per
week next up health insurance it's a mess and I pay one thousand and three
hundred dollars per month for health insurance and you're probably thinking
that is a massive amount to be paying but in 2019 I had some pretty big health
scares but my health insurance at the time didn't cover out-of-network costs
so I had to pay out of pocket with all that said I'm paying for one of the
premium levels of health insurance that you can have in America just because of
what happened last year Internet is eighty dollars per month even this
amount may seem high but I work from home and I need fast internet and then
rather than going through every single individual reoccurring cost I've
compiled this list right here and these are things that I use every single day
almost to run my business leaving the total RIA current cost per
week at one thousand three hundred eighty two dollars and fifty seven cents
with everything added up the total amount of what I spend in a week in New
York City out to 3200 and $10.99 I highly
recommend anyone watching this video to do this exercise it's a great way to
keep yourself accountable with your finances hopefully you might be a bit
impressed at how much you save or you might have to realize hey I need to get
my feather and start organizing my finances a lot more either way I highly
recommend doing this comment down below if you'd like to see more videos like
this one on my channel again a massive thank you for taking the time to watch