Watch Khalid Perform "Young, Dumb & Broke" on 'Colbert'

After getting word that his debut album had gone platinum, Khalid took his youthful, free-spirited anthem, "Young, Dumb & Broke," to The Late Show with Stephen Colbert. In front of a capacity crowd, the young El Paso, Texas-based crooner performed an acoustic rendition of his hit single backed with a five-piece band. "Earlier this year, I told myself that March 3rd was going to be the day that changed my life forever," Khalid captioned on his Instagram. "7 months later, American Teen is Platinum...