Kevin O’Leary responds to a 29- year-old USPS employee who made over $90 K

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Kevin O'Leary reacts to a 29-year-old USPS worker who made over $90K

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There’s no concern that Jordan Myers is a difficult employee.

As a mail provider for the United States Postal Service, the 29- year-old normally works 12 to 13 hours a day, 6 days weekly. During business week, Myers works about 5 hours of overtime every day, and handles much more on the weekends.

Living in Memphis, Tennessee, Myers makes a base pay of around $41,000 each year. But with overtime, he has the ability to generate even more: In 2021, Myers made over $90,000

Myers’ work principles is particularly outstanding to Kevin O’Leary, O’Shares ETFs chairman and judge on CNBC’s “Money Court.”

“He’s delivering mail for over 12 hours a day. This guy knows how to work hard,” O’Leary states as he views Myers’ episode of Millennial Money, which was released in November 2021.

Most days, Myers walks 14 miles. He provides mail to as much as 500 homes every day, and since he has a strolling path, he’s outside all the time, no matter the weather condition.

As a mail provider for the United States Postal Service, Jordan Myers normally works 13 hours a day, 6 days weekly. Most days, he walks 14 miles.

CNBC Make It

“Jordan [Myers] has a strong work principles, and it is very important to have a work principles, since it’s a discipline and you work for a factor,” O’Leary states. “You need money to live. No one’s going to take care of you if you don’t take care of yourself.”

In 2020, amidst the Covid-19 pandemic, Myers’ schedule was particularly stressful. It was “endless walking, around 20 miles a day,” he formerly informed CNBC Make It, because there was far more mail and couple of providers. At times, it was even frightening, Myers stated, keeping in mind plans of medication accumulating and inadequate staff members to manage everything.

O’Leary appreciates that Myers appreciated how this might have affected individuals he provided to.

“There’s a lot of these unwritten stories about what the actual effect of the pandemic was, but he was there. He lived through it,” O’Leary states.

“The pandemic caused a real breakdown in systems, particularly the mail system: Your check wouldn’t get to you, your medicine didn’t get to you. But he seems to be conscious of that and cares a lot about it. That’s a really great person that actually understands the impact on someone’s life.”

Jordan Myers and his 1-year-old boy, Jacob.

CNBC Make It

O’Leary likewise believes Myers has actually done a “great job” with his budget plan. In October, Myers allocated around $5,778, putting $500 into his cost savings account, $400 into his 401( k) and $2,000 into a taxable brokerage account. As of November, he had around $3,000 in cost savings and $34,000 in financial investments.

O’Leary advises assigning a 3rd of your regular monthly budget plan to cost savings, a 3rd to living costs and a 3rd to real estate, if possible. “And that’s kind of where this guy is,” he states of Myers.

“He’s saving almost half, which is incredible,” O’Leary states. “That’s really smart. The more you put aside in the early years, the more you’re going to have in the later years, because you’re going to get the compounded growth of the markets over time.”

O’Leary appreciates Myers’ household dynamic also. “This couple got their stuff together,” he states. “This is a really good example of what it takes to be successful in life, marriage and as an investor.”

Overall, O’Leary offers Myers a 9.5 out of 10.

“He’s got a goal to be a millionaire. He’s doing it through savings, and he’ll get there. This guy is a fantastic role model,” O’Leary states. “He’s growing the wealth of his family successfully. He’s focused on it, but he’s happy too.”

Watch the complete video to see what else O’Leary needs to state about Myers’ financial resources.

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Don’t miss out on: This 29- year-old USPS mail provider is on track to make over $90,000 this year– here’s how he invests his cash