Why I left Millennial Money.

hey everyone meet kevin here there is

seldom a question that i have been asked

more and it is when is that freaking

coupon code expiring and of course it's

july 28th not really

what would have been asked so many times

is why did i really leave millennial

money and in this video i'm gonna talk

about that so i was just on a run i'm in

paris uh i'll be in london soon and uh

figure hey you know what

it's time to just sort of give you the

three reasons number one is probably the

quickest and shortest uh but it's by no

means all of it it's maybe i i'd say

these originally were

this was originally a larger one but it

sort of grew into

it's okay maybe it wasn't the biggest

reason

it's that the podcast should be in

person i think everybody's gotten kind

of tired of the zoom and and the uh

coved kind of crap uh so i wanted

to encourage in person uh and encourage

hey you know come to vegas every so

often it'll be an opportunity for us to

get together anyway and it'll be better

for the growth of a millennial money

thinking that okay well maybe in person

would would allow more of that chemistry

and and four-person interaction rather

than unfortunately what it ultimately

kind of felt like uh in

many instances was this sort of uh

everybody has their moment on the

pedestal so to speak to uh to to share

their opinion uh and it it didn't really

feel like a four-person discussion and i

thought that was really because

of the essentially zoom style of it

so in person is is reason number one

originally that was probably like a 60

to 70 percent weight in in my

encouragement now it's probably like a

40 to 50 weight so it's still something

that's actually real and important uh

because i you know personally i think

the viewers deserve the best we can give

them

especially if we're gonna be talking for

an hour and a half and and i always want

people who watch my videos to go ah i

never thought about it that way or oh

that's interesting learn some kind of

new perspective right

the second thing is millennial money was

filmed

at 6 p.m california time to 7 15

california time i usually wake up at

like on average probably 5 5 30 in the

morning sometimes 4 45 whatever by the

time six o'clock rolls around the last

thing i want to do is spend more time in

the studio i did that for two years with

covid and i've really gotten so tired of

sitting in the studio that i almost have

kind of grown to resent being in there

that means

i spend more time outside now i spend

more time

whether it's exercising or running or

going to the beach which is better for

my physical health anyway or even

playing tennis

and uh it's also better for my mental

health because the last eight months

we've been in this bear market and and

so everybody always obviously it's very

easy for keyboard bullies to take out

their frustrations uh

and their own mistakes and take it out

on on people on youtube in the comment

sections because

you know that's just what they feel like

they have the right to do and if that

makes them feel better fine but you know

it's it's pretty taxing so better for my

mental health to be off the platform at

a certain time of day as well

and that really 6 p.m is the time to

spend time with family uh it's time to

go on a date night with lauren it's the

time to wrestle max and jack the last

thing it's really time for is

sitting in a studio even more i'm tired

of that so i don't want to do that

anymore uh so the time was another

aspect so in person was one time was

another aspect but the next reason might

come as a little bit of a surprise and i

can't say this as a guarantee i think

that this is uh substantially correct

but i can't say this with a guarantee so

maybe it's just an opinion uh based on

maybe even just how i felt but uh my

demographic that watches my content is

approximately 10 years older on average

uh like the the bell curve is just moved

over to the right in age about 10 years

in my channel on my channel compared to

let's say graham and andres uh i'm not

so sure about jeremy's but

the point of that is

we're going to have a different

demographic interest in what we cover uh

our an older demographic is going to

care about some things that a younger

demographic won't care about uh and

unfortunately that is why sometimes i

felt like okay we're having these

in like either duo or pedestal

discussions where it's just kind of like

okay we're not actually all

having a four person discussion here

maybe there are two of us having a

discussion or when we're discussing

things some of us are really trying to

cater it to our audience which maybe

mine is like comedy and age of like 25

to 35 whereas others might be a medium

median age of like 15 to 24 right that

that 10-year sort of gap there

uh and and so i think that

left me feeling a little bit unfulfilled

at the end so i'd say if i put

percentage and i'm going to keep

expanding on that but number one in

person i'd probably say today is about

40 of the reason uh number two another

40 percent of the reason is 6 pm is just

a terrible time for me to do it and

based on kind of how i remember the

schedules of andre and jeremy and them

are

you know doing it any earlier is not

feasible for all of us uh you know

unless uh it was filmed not live anymore

and i was really a big fan of live

so

that

kind of sums up the reasons i think i

could add a little bit more clarity on

on the last one and that's really that

you know let me put it this way if i go

to tennis and i play tennis i love

talking about real estate and i really

get excited about talking about real

estate investing in real estate or or my

series a that's coming up uh which is a

massive real estate opportunity which

will be really cool i'll be investing a

lot of money into it over six sorry over

seven figures into it dollar for dollar

with the people who are investing with

me uh and uh that's really exciting to

me when i'm on youtube i love

uh debating fundamental analysis or

politics i really don't care about a lot

of the things the finance community does

care about whether that's you know nfts

or crypto or more base level discussions

many of which

i i'm just not interested in because i

want to learn more depth and again i

think that sort of depth appeals to an

older demographic i think if we're

looking for the broadest audience and

this is where where i had like a

personal feeling that okay maybe i'm

weighing down the podcast because my

content is sort of niche in that it's

it's trying to go so deep but the

problem with that is you narrow the

audience so that last 20 reason really

also means that i thought i was

potentially sandbagging the growth of

millennial money

by bringing a more niche perspective

which could either fuel more

disagreement uh you know more more

discontent because look if you have a

really broad-based perspective and

you're like oh just buy vti okay well

who who can dispute that right like

everybody could just go hell yeah like

let's do that everything says do that

great but i don't enjoy that that's not

fun for me it's not what i do in my

portfolio it is what one of the things

that i do recommend uh i actually i

recommend a basket of index funds which

is a little bit different from buying

vti because a basket of index funds is

something that you can adjust uh in

terms of uh what allocation you give

each index based on what's actually

happening in a macro environment uh so i

prefer that and i guess when i say i

recommend i can't say i recommend

because i can't give financial

recommendations because i have no idea

what your personal financial situation

is but uh the point is like

okay so i just explained that for 30

seconds i don't really care uh to talk

about that anymore you know like i want

to go into

deep deep stuff uh and

at 6 00 p.m

over a zoom call

talking about nfts i don't know it ain't

the time to do it this by the way is the

tour de france

let's go take a look at this it's just

the beginning of it

look at this

oh well

anyway

you kind of saw all the bikers already

go by uh like 20 seconds ago

so oh well we got to see it together

while i'm recording a video oh there's

some other stragglers anyway all right

folks that's why i left millennial money

thanks so much for watching and we'll

see in the next one bye