A man's video highlighting the four signs that a person is financially stable has gone viral online, leading Newsweek to ask the experts for their takes.
Humphrey Yang shared a TikTok video (@humphreytalks) on August 4, outlining the four signs that a person is "doing well financially." The first is being able to cover a $1,000 emergency expense; second is having no high-interests debt (excluding a mortgage); followed by not buying designer goods and building wealth quietly; and lastly is the ability to save around 15 percent of gross income.
The video has captured attention online, going viral with almost 3 million views and more than 92,000 likes on TikTok at the time of writing.
Newsweek contacted Yang via email for comment.
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