- 9
- 1 048
Money Managing Mike
United States
เข้าร่วมเมื่อ 13 เม.ย. 2024
Hi, My name is Mike. I am not the end all be all of financial information and am definitely not a financial professional. I can't give you personalized advice or tell you what to do with your money.
However! I CAN take you along my financial journey and pass along the things I learn in my own journey. On this channel I will traverse the ins and outs of personal finance along with all the different factors that could, should, and will impact those things. I vow to keep transparency about my own picture (as long as I don't have NDAs involved) and hope you find entertainment along with some vital information so we can succeed TOGETHER!
If you have topics or things you'd like me to make content on, just leave a comment on any video and I'll see what I can do.
However! I CAN take you along my financial journey and pass along the things I learn in my own journey. On this channel I will traverse the ins and outs of personal finance along with all the different factors that could, should, and will impact those things. I vow to keep transparency about my own picture (as long as I don't have NDAs involved) and hope you find entertainment along with some vital information so we can succeed TOGETHER!
If you have topics or things you'd like me to make content on, just leave a comment on any video and I'll see what I can do.
What Are Order Types?
In this video I go over the different order types that are used when instructing your broker how to buy and sell stocks on the stock market. We go over market orders, limit orders, and stop orders. The will enhance your trading abilities and let's you better control what you wish to happen in different trading scenarios. Hope you enjoy. I worked a little extra on this one.
#ordertypes #stockmarket #finance #retirementplanning #marketorder #limitorder #stoporder #trading
#ordertypes #stockmarket #finance #retirementplanning #marketorder #limitorder #stoporder #trading
มุมมอง: 2
วีดีโอ
How To Invest In The Stock Market
มุมมอง 128 วันที่ผ่านมา
In this video I go over the process of setting yourself up to invest in the stock market. This video is open ended and should allow for you to be informed to better make your own financial decisions. I do tell you what I have done in my journey if that interests you. #finance #stockmarket #investing #retirement
What Is A HSA?
มุมมอง 1915 วันที่ผ่านมา
In this video I go over the basics of an HSA and the way it can used to leverage your money in the best way for your personal finance picture. The HSA can be very powerful for those that have recurring medical expenses. Watch the video for the ins and outs of how to utilize this account best for your future. As always if you enjoy these videos please hit the like button and consider subscribing...
What Is A 401K?
มุมมอง 4022 วันที่ผ่านมา
In this video, I go over the types of 401K accounts and the ins and outs of how 401Ks work. I go over the contribution types and how each contribution type works for retirement. Hopefully this video gives some insight on how you can take advantage of a 401K plan from your employer to strengthen your financial picture for retirement. As always if you enjoy these videos please hit the like button...
What Is An IRA?
มุมมอง 1529 วันที่ผ่านมา
In this video I go over the basics of the IRA account. He compares the differences of a traditional account and a roth account. You can compare the differences and determine the best course of action for your own personal picture. From the rules and regulations of utilizing the account to how it can be used in retirement. All the ins and outs of the IRA accounts can be found in this video. #fin...
What Is Credit?
มุมมอง 4หลายเดือนก่อน
This video is a history of where the credit system came from, how your credit score is calculated, and when and how to utilize credit. Mike goes over the FICO system and every part of the credit scoring process. This video is a basic understanding of credit and give insights on the factors that go into credit scoring.
Building The Foundation of Financial Freedom
มุมมอง 13หลายเดือนก่อน
In this episode, I begin to unfold the way I have structured my financial picture to set myself up for future success and early retirement. I slowly go over what accounts I have opened for myself and how I distribute my budget's surplus into those accounts. There's a lot of information in this one so buckle up. Learn about managing your money to take advantage of retirement accounts while keepi...
How To Get Out Of Financial Hell - Budgeting 101
มุมมอง 8หลายเดือนก่อน
Beginning a change to your financial future should start with budgeting. This video will try to give you the basics to setting up one of those budgets. Taking a few minutes to grasp where your money comes and goes will let you make moves to break yourself free from financial hell. These should be the basics of how to manage your money. Thanks for taking time to give me a view and some watchtime...
My Net Worth At 30
มุมมอง 940หลายเดือนก่อน
As the first video of this channel, I want to thank you for watching. I plan to have this channel be more of a video log of the things I learn along my financial journey. My weekly videos will be focused on passing along the information I have learned in my financial journey along with regular documentation of my financial picture. This video is a basis for the credibility that I not only talk ...
"i could walk away and have 350k" man you sound like you have some dreams, go get it
Just passed €12k in my investment account at 17 years old!
I can make you custom thumbnails/ scripts and video topics to cover if your interested. Keep up the good work. I feel we can work together and get you more of a following.
Your killing it, keep up the good work
Thanks!
instead of savings account, you should just open a vanguard or fidelity brokerage account and put it in the money market...
Decent idea. I do want to keep some cash available for emergencies in case I lose my job or my hot water heater decides to explode or something. I have opened an HYSA since this video to at least combat inflation, but you are right that I should be housing more money in the market and getting it to grow.
Congrats on your net worth! By the way I noticed you had car still listed as an asset. Did you mean to cross that out as well?
Thanks! And thanks for commenting! So I meant to put it in the video and failed at recording. I put a text bubble at the end stating it's an older truck that probably brings in like 4k max. Little youtuber problems. I didn't think this video would get so much traction so early so I didn't put in the effort to re-record that bit. Lesson learned.
@@MoneyManagingMike All good man! Keep up the great work!
What is ur income ?
Currently I make about 90k a year, but that changes all the time.
@@MoneyManagingMike nice bro, congrats on saving that much ! I thought your income was wayyyy higher based on NW. impressive
Nice video + great editing, think you’re going to do great on here!
Thanks a ton! Really appreciate your comments. Means a lot.
How is it to work as an electrical engineer?
So I actually work as a software engineer, but got a degree in electrical engineering. I enjoy it, problem solving and critical thinking have always been things I loved to do.
What episode will teach me how to cheat on an IRS audit?
That's the other channel, has episodes for "how to keester" and "how to make someone your b****" too. It has really compelling videos over there.
The IRS is supposed to be looking out for me? Uhoh
Don't worry, they're fine with coming after you once they check your employer's compensation standard. No favoritism.
DFW Shoutout 👋
What up what up!
First
Gotta get my financial advice while in Alaska
Just recognize that these tips don't apply overseas. 😉
I was about to ask which high yield savings account you were using
Have literally been sitting here day after day thinking about how much interest I'm losing on my savings account so I opened up one today. I haven't poked around enough to determine which I like the most, but I can't just stand by as another possible 15 cents gets lost by my inactivity.
Bologna sandwich is the best lunch meat sandwich
Oscar Mayer? Gotta be Oscar Mayer, right?