How Much Money Does an Orthodox Jew Make Per Year?
Kosher Money
Living Lchaim
5 • 781 Ratings
🗓️ 22 January 2025
⏱️ 94 minutes
🧾️ Download transcript
Summary
Making and managing money isn’t easy—especially when life throws big expenses like tuition, groceries, and student loans your way. For many Orthodox Jewish families, the question isn’t just about budgeting, but also about earning enough to meet the demands of their unique lifestyle.
In this episode, Stacey Zrihen, a seasoned financial coach, unpacks the findings from Kosher Money’s survey of over 3,000 Orthodox Jews. How much do Orthodox Jews really earn? What’s the financial reality behind the numbers? Stacey and Eli dive into the data to explore income levels, community spending habits, stress factors and more.
But it’s not all struggle—Stacey offers practical strategies for making the most of what you have. From creating a personalized budget to cutting unnecessary costs, this conversation highlights how small, intentional changes can make a big difference.
The message is clear: You’re not alone, and no matter your starting point, there’s a way to build a brighter financial future. Whether it’s managing tuition costs, navigating the emotional side of money, or figuring out how to save more, this episode will leave you inspired and empowered to take control of your finances. You got this!
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Transcript
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| 0:00.0 | Kosher Money surveyed 3,000 Orthodox Jews to find out how much money they earn each year, |
| 0:05.1 | how much debt they carry, what their savings looks like, their retirement numbers, |
| 0:09.3 | how much financial help they get from their parents, and so much more. |
| 0:13.5 | This is a good message for young people. |
| 0:15.3 | They're leasing two cars out of the gate, $500 each. |
| 0:18.4 | Now they're paying extra insurance for those cars. |
| 0:20.6 | They're spending |
| 0:21.5 | 13 or $14,000 pre-tax per year multiply that by a three-year lease that's a big number |
| 0:27.6 | what are your thoughts on parental help is it really the only way to make it the survey would |
| 0:32.9 | show you that that's not the case that people are making it without help we're gonna break |
| 0:36.9 | down our findings and some of it just might surprise you. |
| 0:39.9 | I have a juicy question. Have you ever sat with someone making one to two million dollars a year, |
| 0:44.6 | and they've just increased their lifestyle to the point where money comes in, money goes out? |
| 0:52.4 | Being a Jew, awesome. Managing personal finances, not so awesome. Welcome to kosher money. |
| 1:01.5 | Stacey, debt is a hot topic. How much debt does the typical Orthodox Jewish family have? |
| 1:08.6 | Very hard to give a specific number for the typical, but we are seeing a lot |
| 1:13.1 | of debt. I'm seeing regularly couples who are coming in, individuals who are coming in with anywhere |
| 1:18.5 | between a few thousand to 30,000 to $100,000 to $100,000 of credit card debt, in addition, in some |
| 1:25.2 | cases to student loan debt of anywhere from, again, 5, 10, 30, up to 100 |
| 1:31.1 | and greater. It is a real issue, and many of the couples who are out there are struggling with |
| 1:37.0 | this. Many of the families are living with debt, and it's definitely a part of the reality. |
| 1:42.0 | And I like that you said that because that's very in line with |
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