Advertisement

How long can you live on $100 in New York City? One TikToker has made it nearly a month

Frankie Hoy
Frankie Hoy has garnered a large TikTok following for his videos about how long he can make US$100 last in New York City . Instagram / @frankie_hoy

Nowadays everyone is trying to make their money stretch further, but one TikTok user is taking it to another extreme.

This month, Frankie Hoy set out to find how long he could make US$100 last in New York City.

Hoy, 27, decided to document his self-imposed challenge on TikTok, where he has since achieved viral status for his impressive frugality.

Read more: Florida woman sues Kraft for $5M over Velveeta pasta prep time

Read next: Tyre Nichols’ death undermines ‘police credibility’ globally, Canadian chiefs say

As of this writing, Hoy has made the $100 last 27 days — and he still has $5.96 left.

@frankie_hoy

#budget #budgeting #tips #tipsandtricks #cheap #series #saving #savingmoney #series #binge

♬ original sound – Frankie Hoy

To best protect his limited funds, Hoy has been making his own instant coffee in the van where he lives, eating $1 slices of pizza or meals from his catering job and hopping subway turnstiles around the city. (Yes, the latter is a crime.)

Story continues below advertisement

Many of his videos have garnered over 1 million views. Curious, invested spectators online have joined Hoy, who now has over 112,900 followers, on his journey to $0. Fans now celebrate in the comments of Hoy’s videos whenever he can score food, water or products “for FREE!”

Hoy, who is a standup comedian by profession, uploaded his first $100 challenge video on Nov. 4.

@frankie_hoy

#budget #challenge #money comedу #funny #foodie #change

♬ original sound – Frankie Hoy

“This just in, I’m running out of money,” Hoy said in the video. “It’s not like in a GoFundMe way. It is in a, ‘Oh, I do standup comedy, so I don’t work all the time because I’d rather work on my craft’ type of way.”

He admitted his first financial error in the video when he said he bought an iced coffee from Dunkin’ Donuts for $4.34. In the video, he also spent $3.36 on a gallon of water.

Read more: TikToker raises over $175,000 to help elderly Walmart employee retire

Read next: Rent control: What tenants should know as rental prices surge across Canada  

Hoy said the purpose of his TikToks is to be transparent about where he spends his money, and how he is able to save enough to support himself in the second-most expensive city in the world.

Story continues below advertisement

Some days, Hoy spends no money at all.

@frankie_hoy

#series #budgeting #dayinmylife #money #moneytok #cheap #tips #tipsandtricks #vanlife

♬ original sound – Frankie Hoy

Hoy’s spending comes in well below the estimated average monthly $6,653 dished out by a single person in New York.

Only time will tell if he can make the final $5.96 last a full 30 days.

Sponsored content