- 193
- 461 912
Everyday Money
United States
เข้าร่วมเมื่อ 28 ส.ค. 2020
Welcome to the Everyday Money Guy channel! My goal is to explain money concepts in an easy to understand format and give the financial education that should have been taught in high school. I also cover major financial news and try to explain the parts that the major news outlets gloss over.
I want to help you Grow your Wealth, Increase you Success, and put you on the road to Financial Freedom. Subscribe to help me grow this channel and we will grow our wealth together!
I want to help you Grow your Wealth, Increase you Success, and put you on the road to Financial Freedom. Subscribe to help me grow this channel and we will grow our wealth together!
You're Screwed If You Only Work For a Living
Feel like your income can't keep up? You're not alone, a lot of people are feeling the pain of inflation and incomes that are not going up to keep up with prices. This is why you're screwed if you work for a living and what you can do about it!
#inflation, #wages, #stagflation
Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are my opinions based on available information and my own personal experience. Investing involves risk and possible loss of capital and consulting a financial professional is always advised if you have questions.
#inflation, #wages, #stagflation
Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are my opinions based on available information and my own personal experience. Investing involves risk and possible loss of capital and consulting a financial professional is always advised if you have questions.
มุมมอง: 321
วีดีโอ
We are in a Recession
มุมมอง 7812 ปีที่แล้ว
It's not official yet but we are probably in a recession. In this video I'll explain why we are most likely in a recession right now, what happens during most recessions, and how I plan to play this recession. #recession, #sp500, #marketcrash Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are my opinions based on avai...
A Small Amount of Passive Income can Change Your Life FOREVER!
มุมมอง 3522 ปีที่แล้ว
Most people talk about using passive income to quit your job or become a millionaire but even the smallest amount of passive income can change your financial life forever! Today I'll talk about how I have created passive income and how you can get started! #passiveincome, #income, #makemoremoney Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views...
Your Tax Refund could make you a MILLIONAIRE!
มุมมอง 1122 ปีที่แล้ว
Lots of people are anxiously awaiting their tax refund from Uncle Sam but before you spend yours watch this video! I will show you how investing that refund check into simple index funds like VTSAX could make you a millionaire 1.5 times over! #taxrefund, #millionaire, #taxreturn Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in thi...
Does it make sense to buy an EV to save money on gas?
มุมมอง 2452 ปีที่แล้ว
Gas prices are through the roof but does an electric vehicle make money sense vs a comparable ICE vehicle? We'll compared the Tesla Model 3 long range to a Ford Excursion, Chevy Suburban, Toyota Camry SE, and a Toyota Camry SE hybrid. Watch to the end! #tesla, #EV, #ICE Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video a...
Want to get ahead in life? Stop following the masses, their plan stinks!
มุมมอง 1842 ปีที่แล้ว
Following the plan is the plan for far too many people. Graduate high school, go to college, work an awful job until you're old, and retire shortly before death. That plan stinks! If you want to get ahead in life use your head, stop following the masses, and go against the grain. #motivation, #money, #college Disclaimer: I am not a financial advisor, accountant, or any other financial professio...
Dogelon Mars, Shiba INU rally along with BTC and broad crypto market!
มุมมอง 5372 ปีที่แล้ว
Dogelon Mars and Shiba Inu token are up big today as well as Bitcoin and the rest of the Crypto markets. We dive into why this is and if this is a good time to buy. Dogelon Mars has also seen its trading limits severely reduced, sparking price increases. #Dogelon, #shib, #BTC Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this v...
Inflation Prices will NEVER Come Back Down [Everything Always Goes UP]
มุมมอง 1702 ปีที่แล้ว
Inflation is kicking everyone in the wallet right now and a lot of people want to know when will prices come back down to earth? The answer is that inflation prices will never come back down and that everything always goes up! We'll take a deep dive into the data from the St. Louis Fed that shows that markets always go up. #inflation, #prices, #everythinggoesup Disclaimer: I am not a financial ...
Buy Your Parents Home with 0% DOWN and NO PMI with Gift Equity!
มุมมอง 2972 ปีที่แล้ว
Buying a home these days is tough. Low supply, rising rates, bidding wars are all making the dream of homeownership harder and harder to achieve. If you have the opportunity to buy your parent's home, you can do so with no competition, 0% down, and no PMI if you use gift equity. In this video I'll explain how we did this and how you can too! #homebuyer, #firsttimehomebuyer, #realestate Disclaim...
The S&P 500 is on Track for a Losing Year!
มุมมอง 2322 ปีที่แล้ว
The S&P 500 is on track for a losing year in 2022 with significant and long term headwinds. While this isn't exactly a good thing, it is very normal and offers people a change to buy in low for a big gain when the markets recover! #marketcrash, #stockmarket, #SP500 Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are my...
This Economic Downturn Could Make you Rich if You are Brave Enough [Must Watch!]
มุมมอง 3422 ปีที่แล้ว
Fortunes are made in bad times. Everyone is making money when the markets are consistently in the green but the people that get rich double down when the markets are in the red during an economic downturn. Today we'll discuss how to set yourself up to take advantage of this downturn and any in the future! #marketcrash, #buythedip, #bearmarket Disclaimer: I am not a financial advisor, accountant...
How Does War affect the Stock Market?
มุมมอง 892 ปีที่แล้ว
The war in Ukraine is causing even more uncertainty and volatility in the stock market. Obviously this is bad for your money right? Today we'll look at how past wars have effected the stock market and why I intend to stay the course! #ukrainewar, #stockmarket, #russia Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are...
Russia-Ukraine Conflict is Crashing the Market! What to do?
มุมมอง 1532 ปีที่แล้ว
The Russians have invaded Ukraine and cause turmoil in world markets as well as starting the biggest land war in Europe since WW2! Here's what's likely to happen and what to do about it. #Ukraine, #marketcrash, #russianinvasion Disclaimer: I am not a financial advisor, accountant, or any other financial professional. The views expressed in this video are my opinions based on available informati...
Retire Poor with your 401k and Roth IRA or Try Something Different
มุมมอง 2512 ปีที่แล้ว
Tax advantaged investment accounts are propped up as the gold standard method to save for retirement. The problem is that your 401k, Roth IRA, or traditional IRA is set up for you to retire poorer than when you were working and to keep you from your money until you are nearly 60 years old! I explain what I do instead to grow my nest egg with taxable brokerage accounts and real estate without th...
How to Prepare Your Finances For Inflation, Fed Rate Hikes, and Hard Economic Times
มุมมอง 1872 ปีที่แล้ว
The economy is facing headwinds not seen in a generation due to inflation, interest rate hikes, supply chain issues, and the possibility of WW3. Here's three ways to harden your finances in case of the worst and if nothing bad happens, you'll be in even better shape anyway! #inflation, #fedratehike, #WW3 Disclaimer: I am not a financial advisor, accountant, or any other financial professional. ...
Investing in Stocks Alone WON'T MAKE YOU RICH Anytime Soon
มุมมอง 1892 ปีที่แล้ว
Investing in Stocks Alone WON'T MAKE YOU RICH Anytime Soon
How Much Money I've LOST in VTSAX so far in 2022!
มุมมอง 5K2 ปีที่แล้ว
How Much Money I've LOST in VTSAX so far in 2022!
5 Steps to Stay Poor Forever [And How to Overcome them]
มุมมอง 1472 ปีที่แล้ว
5 Steps to Stay Poor Forever [And How to Overcome them]
Extremely Easy Money Saving Tips to Save THOUSANDS of DOLLARS!
มุมมอง 2032 ปีที่แล้ว
Extremely Easy Money Saving Tips to Save THOUSANDS of DOLLARS!
After you get your first $100K, what next?
มุมมอง 3732 ปีที่แล้ว
After you get your first $100K, what next?
4 MILLION Reasons to Not Pay Off Your Mortgage Early
มุมมอง 1972 ปีที่แล้ว
4 MILLION Reasons to Not Pay Off Your Mortgage Early
The Fed is Going to Tank the Market to Fight Inflation
มุมมอง 1512 ปีที่แล้ว
The Fed is Going to Tank the Market to Fight Inflation
How Much Money I made with Side Hustles and Investments in 2021!
มุมมอง 1592 ปีที่แล้ว
How Much Money I made with Side Hustles and Investments in 2021!
How I'm Investing in 2022! [VTSAX, Airbnb, Bitcoin]
มุมมอง 2672 ปีที่แล้ว
How I'm Investing in 2022! [VTSAX, Airbnb, Bitcoin]
An Average New Car Will Cost You $3.75 Million Dollars!
มุมมอง 1272 ปีที่แล้ว
An Average New Car Will Cost You $3.75 Million Dollars!
Success and winning is hard! This is how you succeed at anything!
มุมมอง 1442 ปีที่แล้ว
Success and winning is hard! This is how you succeed at anything!
My HOT STOCK PICK for 2022 is Vanguard VTSAX
มุมมอง 1.2K2 ปีที่แล้ว
My HOT STOCK PICK for 2022 is Vanguard VTSAX
congratulations 🥳
This is stupid AT&T owns cricket omg
I really appreciate the specifics in this video. Thank you!
What are your thoughts on the market now?
Sir. You havent seen anything yet with just $5 invested per day if you think getting $800k from VTSAX at 40 years is impressive. That’s nothing. Mind you. This is just $5 per day being invested into a very conservative index fund. Imagine investing $5 per day into one of those super high dividend yielding ETFs such as SCHD, SVOL, or MSTY that automatically compounds the dividends on a monthly and weekly basis instead of quarterly like VTSAX does. Run the numbers with $5 per day into the MSTY ETF for 40 years. The numbers that come out are insane!!
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them shortly.., I pray that anyone who reads this will be successful in life!!
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
we had invested money through Cynthia Depken for nearly 5 years. The market had its ups and downs, but in the long run it did very well for us. With my pension, social security, and investments we can live comfortably. We are now able to fully enjoy our hobbies, travel, family, and making new acquaintances.
Cynthia Alexandra Depken is the licensed fiduciary I use for guidance. I do not think self-investing worth is worth it from my experience. Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest fees and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio.
You did not double your money ! You added money you did earn 21% but stop saying you doubled your money
So 30% on a credit card isn’t eroding your money ten times faster than inflation? Even in hindsight with high inflation and the markets doing well where do you beat 30%. If it’s a legit emergency you will carry that balance lose your ass.
I was wondering the same thing
Talk about Bitcoin
Great advice
Excellent insight!
What about T-Mobile and Metro ???
I watched a lot of videos of compairing the difference between VTSAX and VTI , this video is helpful , thank you very much. But one thing no body talking about is their prices difference, as today April 18 2024 VTSAX is $120.56 and VTI is $246.89 , since they are very similar, why per share price is so different?
"Escape goat vlogger".
I really appreciate the specifics in this video. Thank you!
🔥💯
Im pretty lucky to work for a company that matches 10% for my 401K. So I contribute 12% and my employer contributes 10%. Im already at $55,000 is just 2 years. Almost there!
Starts at 03:05 Thank me later
Thank you omgggg
I watched several TH-cam videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands.
@BryanSherer What is the name of your broker and how do I connect with him or her?
@BryanSherer Wow that was easy, I found her website and left a message for her. I hope she replies to me. thanks.
As a fellow Cincinnatian. You just sold me on Cricket. Thanks 👍
100%! I am going to follow your advice. For years have been hating the Credit Cards... After getting into several emergencies in the period of two months and in the middle of the tax rate and inflation crisis I reached to the point that I had no more emergency funds and was about to not make it to the end of the month, and I am very financial responsible. Was about to ask a big loan to the bank to survive and to replenish fast my emergency funds. Dumb dumb dumb. If I only had a credit card nothing of this would had been a problem. Now that I look back it makes no more sense to build a big emergency fund, a big waste of money to the inflation. Better to divide the emergency fund between a savings acccount and a credit card. I am going to follow your advice and put half of the savings account into some financial products.
33875 Verizon / Att was the best but Verizon went to crap about 3 years ago looking into Att or cricket now
good
I heard that ATT had roaming in areas their towers didn't reach, and that Cricket did not have roaming. Is that not true?
That is true. Cricket does not get roaming onto partner networks like AT&T customers get.
@@christurner1431they do now . Cricket roams on US cellular and comnet. I was in the grand canyon recently and my cricket phone was roaming on comnet just like my mom's at&t post paid phone .
Do you still have shib?
Bullran price $1
We need a update bro
We need a update bro
Oh…and in the TH-cam shorts, direct the audience to your old video that’s relevant to what you mentioned in your shorts.
Dude make more videos! Just tell us how you process things and why you think that way about it. I stumbled on your channel today. I thought to myself “Omg this is how a wealthy Mind think” I was blessed by your opinions and transparency. I picked up so much gems. Thank you. Make TH-cam shorts!!
Cricket is shit!!!! Lately, they are making it impossible for me to make a payment. My only option is calling 611, and they charge 4.50 convenient fee. This is why they are making it impossible. So I am taking my business some place else. The dirty bastards!!!! 😡 😤
Definitely not true it's so easy to make a payment through the app or online cut the shenanigans
@@deraw94 I found out the problem. You can't log in using a. vpn. You can't make a payment using a vpn ether.
I know this video is 2 years old have you thought about doing an update? Are you still using cricket wireless? I am thinking about going to Cricket after 6/8 years of being with T-Mobile
Cricket wireless will be a good choice, especially for coverage all around and in rural areas
Cricket Wireless is the same as AT&T starter. Price point with fiber 5 lines with AT&T is $112.50 plus taxes and fees. Less than $30 in taxes and fees, so less than $140 a month. Cricket is $125 no frills or $160 for 5 lines. AT&T you can get up to $800 sometimes $1,000 sometimes to get a new phone with trade in plus $200 per line you get a device and port in. So if you getting 5 Samsung S23 finance it for 3 years it would be $111.11 more on Cricket. So it all depends if you want to get phones heavily duscounted or pay full prices on smartphones.
What was his price prediction? Didn’t hear him say it
Hateful
Wow
Thanks for the info.
Does the 100k include your 401k?
Yes. It can include anything in your portfolio that can compound. Personal brokerage ,employee retirement
Great video. My thing is invest VTSAX and don't check it. Same with a 401K
Not 10 years.... more like 1-3 years.... Let's Go DOGELON MARS $$$
Look at JXN. Their Financials are almost too good to be true
2023 🚀🚀🚀
Dogelon Mars is a doge-themed token project that aims to replicate the success of Dogecoin (DOGE) while piggybacking on Elon Musk's plans to colonize Mars. The founders of Dogelon Mars locked 50% of all the ELON liquidity in a Uniswap liquidity pool. The other half was donated to a wallet owned by Vitalik Buterin, the founder of Ethereum. Vitalik then sent the donated ELON to various DAOs and foundations, including the Methuselah Foundation, a non-profit medical charity focused on extending the healthy human lifespan. Since the founding team did not allocate any ELON to themselves, every token holder today either purchased the asset on a decentralized exchange (DEX) or received them as a donation from Vitalik Buterin.
Over 4 billion here
I just signed up for cricket yesterday and they are shipping the sim cards today. Is it too last to use your referral code?
Ive scoured the internet for info on the subject and i came up with close to nothing over the years. The reality is, the savings system is preached most because the overwhelming majority of people would rather save than to put in the work to improve income.
No, you are screwed if you are not earning many in any way.
Well put my friend I also have saved a chunk of money switching between AT&T to Cricket years ago...
Still AT&T wireless. AT&T owns Cricket Wireless.
How do you structure owner financing deals?
Honestly save 10k first then figure out how to do that then times