@@itzaaliyah6624 Sayings proudly that you are not forced to watch this video like that's not normal. No one was forced to watch this video. And this video is specifically made for young people so I don't get why you are proud of your age, you are not watching a rocket science lecture.
"A" students work for "C" students, which means learn financial literacy and apply that knowledge to build your financial freedom. Let the "A" students run the calculations, write the reports, and pay them fairly for their help in making you (the "C" student) rich.
It definitely can feel like a big waste of time for some! It's actually become a pretty big talking point in the last several years as to whether or not college is actually worth it. Might be worth exploring on the channel sometime 😉
Instead of accumulating student loan debt I think a self education in things such as topics like and personal development paired with a trade can yield massive success in life.
Financial literacy equips us with the knowledge and skills we need to manage money effectively. Without it, our financial decisions and the actions we take-or don't take-lack a solid foundation for success.
It feels so weird as a 19 year old, I now know most of the important things that goes with financial literacy, ever since I started studying videos like from you~ ❤️ Entirely grateful for the genuine and legitimate work and effort you as well as many others put into these videos; not everyone on the planet will see this, unfortunately, but the ones who have like me: We're eternally thankful ☺️🥰
I'm glad you're getting so much out of the content especially at your age. You're setting yourself up to be way ahead of the game in the long run! I hope the videos from this channel and others like it continue to provide value to you going forward :)
I came here because I legit saw a rapper named 21 savage was on a chimes commercial and inspired me to start dealing with my money more carefully. I’m 17 and I just checked my bank statements and realized that back in July I could have saved about $775 that I spent on things I don’t need and in October I spent like $373 that I could really use right about now.
Brazilian greetings 🇧🇷 I really liked the channel, I'm learning about financial education, and of course learning English, success for you, towards financial freedom 😂
Its nice to see a supportive parent i live frugally and my parents hate me for it because i dont buy alot of makeup, clothes and drive an expensive car they think im messing up my future by not being in university it sucks being bullied into going into debt 😑
That "side hustle" that they speak of regarding the financially informed couple I consider to be a huge oddity in this video, it feels kind of like optimism being tacked on because they wanted no debt. I'm not saying side hustles aren't a thing, but not everyone wants to, not can manage that much extra work.
It’s not much if you think about it, especially when all you are doing is reselling some used up stuff on eBay. A couple of minutes won’t hurt anyone if at the end of the day they get a couple of bucks from it.
@@jAe-zi1xk you didn't hear what they said. Not everyone has time for a side hustle, or the desire to make time. A career should be considered standard.
Good video, but I'd love to see an updated version with the inflation rate at 8.5% and the skyrocketing cost of housing since the pandemic. Rents are crazy now, and have gone way up! Same thing with house prices.
One thing many people could do to save money would be to consider alternatives to a car. Even a second-hand car is still expensive, insurance, fuel, repairs etc. For a household of two, having one car and one moped for example, would be much cheaper while still providing similar utility (they have A car when they need one, e.g. for shopping or family trip, and they can both drive to work separately as if they had two cars). Only if the weather it too bad for the moped, they could rent a second car or rely on car sharing, public transport, or any such hacks. Depending on distance to work and other conditions, they could choose a bicycle, kick scooter, electric scooter, motorcycle, public transport, or anything else. Still cheaper than a second car. And some households could do without a car at all, for even better savings. Personally, I've relied on public transport for most of my life, and switched to a kick scooter about a year ago for my ~6 km trip to work, and anything else within ~10 km distance. For longer distances I still rely on public transport, usually, or rely on someone giving me a ride. I'm considering buying an electric scooter for longer distances, or to get around slightly faster, though the health benefits of the kick scooter are quite good, so I'd still use it frequently.
Basically they are both happy in the end. Also Bill and Mary might have enjoyed more out of life then john and jane. With John and Jane it seems like the whole point of saving all this money is to climb out of debt and give the rest to their children which is a very selfless and pure gesture. Although, I believe Bill and Mary have the same affect with less money. The saying goes "enjoy the journey not the destination". John and Jane might be worth millions but what's the point? In the end you're either cremated or buried in ground, but don't get it twisted with "spend every paycheck on unnecessary things"
Same... I never really appreciated how great a benefit it was to have an employer that paid all my premiums until I left that company to work elsewhere. It was quite a shock to learn that most people have to pay for the employee portion of the plan out of their own paychecks!
Wow. I tell people all the time our health is an investment. It's better to invest time and money in quality food and working out rather than spend the money and time repairing our health.
As a swedish citizen, I feel very greatful to not have to pay ANYTHING for healthcare if I'm healthy, and only $15 per appointment if I would fall ill!
28 years old, one vehicle will be paid off in 8 months, 4 years into an easy mortgage payment, paid student loans off 4 months ago, don’t have cable, internet, or any subscriptions. Only go out to eat once a month. Give 10% of income to church and put $5-7k a year into health savings(it all gets spent). Also have 401k. It’s taken a lot of hard work to get here. Live within your means and understand the difference between needs and wants.
Yet divorce is still a fifty percent possibility for each couple. This is a very long winded explanation that you should go to in-state colleges or community colleges to keep student loan costs minimized (STEM), buy used vehicles (Toyota), save more than you spend and invest in index funds for retirement. Value communication to keep your spouse decade after decade as well.
I agree. They argue that people can learn these things in college but that assumes that everyone is going to college and those in college is going so add financial literacy courses to their already full curriculum.
Ok, I follow you but where does that last 4.5 million number come from? I get they own the house but they just saved up over four million dollars in like 20 years?
It's from the 8% compounding interest on everything they invested. Every dollar they made that didn't need to be saved for planned stuff (car purchase every 7 years) was invested. I believe he used 8% because that's the conservative average annual return on the stock market.
Indy Made It I’m late af but if they would’ve taken more risks as far as their investing they would have well over $10,000,000. Or under $2,000,000. Risks could be worth tho.
Hi I am moe from central java indonesia I am writing an english book for high school andnone of the tooic is financial literacy Would you allow me to use the video for listening skills? Thank you
Financial literacy is amazing! But with inflation so high, I’ll actually have to pay fewer inflation-adjusted dollars if I wait to pay extra on my home!
Where are there $900 to $1200 a month apartments cause here in Miami a decent 1 bedroom is min $1900 an 2 bedroom $2500 unless you live in someone backyard or rundown complex that will fall apart for cheaper.
You didn’t count the cash value of the first couples (or second’s) cash value in their whole life. That probably would have been an extra 300-350k after 40 years if they’re paying in 5k a year. Just saying.
I am 57 in a Duplex , with a Car , Living on 11k a Year of SSI. that's $943.00 a Month and I smoke Camel Non filter and get $120.00 a Month EBT . Medicare and Medicaid with Extra Help .
Awesome video! But wow, videos like this makes me so happy to live in denmark where every healthcare and school is payed through taxes. I couldnt imagine gradiating with a $ 100.000 debt. Its seems more like a burden than a celebration to graduate. I would feel sooo stressed out
Thanks, Kent! I'm definitely with you on the stress of debt part. I would be interested to see how people would feel about paying higher taxes to have health care and school covered through them in America. Obviously not something we currently do but it would be interesting to see how people felt!
@@NextLevelLife yeah thats an interresting proposal. It would be exiting to do some kind of questionaire on this topic like You say. I dont think americans wants this though. From My perspective americans Will do everything for their "freedom" which means they dont want to "share" their money. Even though the in entirety the country benefits from every person having an education and not only People Who can afford it. Also that You dont need to sell Your house if Your unlucky to get cancer and couldnt afford healthcare. Paying these Things through taxes makes You worry much less every Day :)
@@josepablobermudez6283 yes exactly. I denmark we even get payed about $ 1000 a month to go to school, its not much but You Will survive on a budget without having to get a loan :)
Just read the other comments. I get that a teenager could be overwhelmed thinking they have to work throughout their education. It certainly sucks the fun out of the room 😆 I live in the U.K. and my healthcare is paid from wages opposed. Pleased initially but I bet when I do the maths I will be taxed higher in another way.
Omg does anyone realize how difficult it is to have a side huddle of flipping things on Facebook. I have tried, and I have not sold anything yet (I’ve been doing it for 1+1/2 yrs. It is time consuming for me personally as I have to deal with school as well
It's something I've tried for a while but have had problems living just outside a major city. It never seems worth it to drive 30 minutes to make a little profit
I do not understand how this realistic to plan like this? My life turns to shit on whim faster than I can usually handle it. My question is how do you account for variance? I mean my expense are literally 1350 a month and still can't save a damn thing to invest in a way to increase my income other than get a second job and work 70-80 weeks for a while. Which is miserable in my humble opinion
I know FINANCIAL hardship is stressful but you have ti dexidw that you are going to rake control. Cut back all unnecessary expenses, less any assets you dint need, fine an online or work from home side gig, read books, consume content like this, but most important take action! Good luck
Please receive this with grace, I'm only trying to help. I'm not sure what your religious views are but you may benefit from having a look at some of Derrick Prince's videos (he's not alive anymore though), it's possible that you have curses on you which can be from actions you've taken or actions your parents took. I hope you take an earnest look and potentially find a solution to your problems. God Bless.
Thank yous for sharing and putting your perspective on things. Clearly paint a good picture. On how two different styles of life could change your future's
Thanks, Charm! Yeah, I don't know what happened with the mic at the beginning there but I didn't notice it until I was already well into the editing portion of the video. And by that time I didn't have enough time left to go back and fix it before I had to get the video up.
Along those lines - if Jack and Mary lived under a bridge and ate only rice, they’d have a “sweeter retirement!” After giving 70000 hours to their cubicle they can really live?! Come on. Living poor to live rich when you’re old doesn’t make sense when you say it out loud. Especially if you die before you get to your “good life.” Balance - live life now and later. 😅
A 18 minute video clarified how I should act with money better than any high school class I’ve taken
*Financial Literacy: the most important human subject most dont know how to practice yet alone even begin to discuss.*
and should be taught at home and reinforced in school
Because it isn’t “cool” to talk about. Therefore it isn’t. Which is wrong. And people on this channel find it VERY cool!
Bcoz the powers that be want us to stay poor..think about it..
Angelus zoom in question is how to get the most part of my own business
The Most Important Human Subject Is DEATH!
I'm 15... My parents didn't force me to watch this. Im here on my own😉
Welcome :)
That's a weird statement
@@DerAltruist how?
@@itzaaliyah6624 Sayings proudly that you are not forced to watch this video like that's not normal.
No one was forced to watch this video. And this video is specifically made for young people so I don't get why you are proud of your age, you are not watching a rocket science lecture.
@@DerAltruist Sweetheart, give your brain a break. Your thinking way too much into a simple statement. Have a blessed day or night.
wow its really disgusting to see people pay 25k a year for 4 years just to land a job that pays 30k. sounds like a big waste of time and money to me.
"A" students work for "C" students, which means learn financial literacy and apply that knowledge to build your financial freedom.
Let the "A" students run the calculations, write the reports, and pay them fairly for their help in making you (the "C" student) rich.
It definitely can feel like a big waste of time for some! It's actually become a pretty big talking point in the last several years as to whether or not college is actually worth it. Might be worth exploring on the channel sometime 😉
Instead of accumulating student loan debt I think a self education in things such as topics like and personal development paired with a trade can yield massive success in life.
@@NextLevelLife but wait! Remember The people living frugal arent truly enjoying their life 😂. I 100% agree with your vid
Yeah. I know what you mean
Financial literacy equips us with the knowledge and skills we need to manage money effectively. Without it, our financial decisions and the actions we take-or don't take-lack a solid foundation for success.
Lovely comment
Sounds Like budgeting and saving
It feels so weird as a 19 year old, I now know most of the important things that goes with financial literacy, ever since I started studying videos like from you~ ❤️
Entirely grateful for the genuine and legitimate work and effort you as well as many others put into these videos; not everyone on the planet will see this, unfortunately, but the ones who have like me: We're eternally thankful ☺️🥰
I'm glad you're getting so much out of the content especially at your age. You're setting yourself up to be way ahead of the game in the long run! I hope the videos from this channel and others like it continue to provide value to you going forward :)
The importance of financial literacy cannot be stated enough! Great video!
I couldn't agree more with you, Arturo! Even gaining a little bit more of it can go a long way 🙂
I completely agree!
Arturo Cabello 👍👍👍
@Arturo Cabello - financial literacy and Civics should be mandatory curriculum in EVERY high school in the United States.
I came here because I legit saw a rapper named 21 savage was on a chimes commercial and inspired me to start dealing with my money more carefully. I’m 17 and I just checked my bank statements and realized that back in July I could have saved about $775 that I spent on things I don’t need and in October I spent like $373 that I could really use right about now.
Good job my friend. Keep tracking your habits and adjusting for better habits.
U forgot to add the cost of kids €250,000
My first thought- bill & Mary don’t have children & a family to support every step of the way
These are the type of videos that should have 2-3 million views
I feel smarter after watching this, thanks
Brazilian greetings 🇧🇷 I really liked the channel, I'm learning about financial education, and of course learning English, success for you, towards financial freedom 😂
John and Jane's "side hustle" pays more than real full-time jobs in most of the world
It's 10X
I learned a lot about the importance of using money in everyday life with these mathematical functions. Thanks a lot! Better now than never!
I want my kids to watch all your videos. Thanks for the understandable explanations.
No problem, Erin! I'm glad you're finding them helpful and I hope your kids do it well 😀
That's awesome. Yes my daughter listens to TH-cam with me as I view like this.
Its nice to see a supportive parent i live frugally and my parents hate me for it because i dont buy alot of makeup, clothes and drive an expensive car they think im messing up my future by not being in university it sucks being bullied into going into debt 😑
Hi dad :D
That "side hustle" that they speak of regarding the financially informed couple I consider to be a huge oddity in this video, it feels kind of like optimism being tacked on because they wanted no debt. I'm not saying side hustles aren't a thing, but not everyone wants to, not can manage that much extra work.
It’s not much if you think about it, especially when all you are doing is reselling some used up stuff on eBay. A couple of minutes won’t hurt anyone if at the end of the day they get a couple of bucks from it.
@@jAe-zi1xk you didn't hear what they said. Not everyone has time for a side hustle, or the desire to make time. A career should be considered standard.
This is not a video on financial literacy.
This is a video on lifestyles of particular types of person, two person households with college educations.
Good video, but I'd love to see an updated version with the inflation rate at 8.5% and the skyrocketing cost of housing since the pandemic. Rents are crazy now, and have gone way up! Same thing with house prices.
I routinely practice and implement this financial literacy.
I can't understand why people dislike the video.
They made poor financial choices
Did we mention income taxes?
You dont have taxes in a self manager roth ira account
2.5% interest on savings sound so great. In Belgium (and many other European countries) it's currently down to 0,1-0,2%
nooit meer als 10 000 euro op je spaarrekening hebben. De rest investeer je.
In America it's around 1.4 at the moment
At the end, when he says "..We want to work with money." That statement should include to then "Have our money work for us" added to it ..
I learned a lot! great video!!!
Glad it was helpful!
Plan 1st
Pay myself
Budget
An save ER fund
Save for investing.
One thing many people could do to save money would be to consider alternatives to a car. Even a second-hand car is still expensive, insurance, fuel, repairs etc.
For a household of two, having one car and one moped for example, would be much cheaper while still providing similar utility (they have A car when they need one, e.g. for shopping or family trip, and they can both drive to work separately as if they had two cars). Only if the weather it too bad for the moped, they could rent a second car or rely on car sharing, public transport, or any such hacks.
Depending on distance to work and other conditions, they could choose a bicycle, kick scooter, electric scooter, motorcycle, public transport, or anything else. Still cheaper than a second car. And some households could do without a car at all, for even better savings.
Personally, I've relied on public transport for most of my life, and switched to a kick scooter about a year ago for my ~6 km trip to work, and anything else within ~10 km distance. For longer distances I still rely on public transport, usually, or rely on someone giving me a ride. I'm considering buying an electric scooter for longer distances, or to get around slightly faster, though the health benefits of the kick scooter are quite good, so I'd still use it frequently.
Basically they are both happy in the end. Also Bill and Mary might have enjoyed more out of life then john and jane. With John and Jane it seems like the whole point of saving all this money is to climb out of debt and give the rest to their children which is a very selfless and pure gesture. Although, I believe Bill and Mary have the same affect with less money. The saying goes "enjoy the journey not the destination". John and Jane might be worth millions but what's the point? In the end you're either cremated or buried in ground, but don't get it twisted with "spend every paycheck on unnecessary things"
I am not an American but thank u very much for this deep insight
Sure thing!
It's always your house, watching people leverage up and lose their house in the last recession was brutal.
That it was, Cliff!
Please do a video on the return of social security. How much was put in, verses what was returned. I've read it's -4% over its lifetime.
... $4600 for medical a year? wow I'm paying over double that in an employee plan.
Same... I never really appreciated how great a benefit it was to have an employer that paid all my premiums until I left that company to work elsewhere. It was quite a shock to learn that most people have to pay for the employee portion of the plan out of their own paychecks!
Wow. I tell people all the time our health is an investment. It's better to invest time and money in quality food and working out rather than spend the money and time repairing our health.
@@mindsinmotion2825 You have to buy medical insurance no matter how healthy you are.
@@thund3rstruck of course I am yalking about the over all codt of medical expenses
As a swedish citizen, I feel very greatful to not have to pay ANYTHING for healthcare if I'm healthy, and only $15 per appointment if I would fall ill!
WooW!! Amazing!! What I was never taught until I'm 60 years old-
😞😔
It makes you wonder why they didn't teach us these things in high school 🤔
Great.❤️👌😍
Glad you enjoyed it!
Thank you
You're welcome :)
this is very educational. keep it up my friend
28 years old, one vehicle will be paid off in 8 months, 4 years into an easy mortgage payment, paid student loans off 4 months ago, don’t have cable, internet, or any subscriptions. Only go out to eat once a month. Give 10% of income to church and put $5-7k a year into health savings(it all gets spent). Also have 401k. It’s taken a lot of hard work to get here. Live within your means and understand the difference between needs and wants.
i'm also 28 year! Instead I plan to purchase a house in cash, I hope I can do it in 2 years
You're videos are incredibly informative.
Glad you think so!
Yet divorce is still a fifty percent possibility for each couple.
This is a very long winded explanation that you should go to in-state colleges or community colleges to keep student loan costs minimized (STEM), buy used vehicles (Toyota), save more than you spend and invest in index funds for retirement. Value communication to keep your spouse decade after decade as well.
Great video!! Education is where it is at! Definitely depends on where you live....here in NY property taxes are insane.
i agree
We need it in high schools
No, you need to step into the real world and fail forward before this will ever apply to your life
I agree. They argue that people can learn these things in college but that assumes that everyone is going to college and those in college is going so add financial literacy courses to their already full curriculum.
So basically if you will live like average family in my country, then you will become a millionaire in US.
Pretty much, consumerism and lack of self discipline in the USA makes us poor, not income.
@@benden5095 That sums it up nicely 👍🏽
These are great videos, what a good way to explain visually
Very important
Ok, I follow you but where does that last 4.5 million number come from? I get they own the house but they just saved up over four million dollars in like 20 years?
It's from the 8% compounding interest on everything they invested. Every dollar they made that didn't need to be saved for planned stuff (car purchase every 7 years) was invested. I believe he used 8% because that's the conservative average annual return on the stock market.
That's the power of compounding intrest
Indy Made It I’m late af but if they would’ve taken more risks as far as their investing they would have well over $10,000,000. Or under $2,000,000. Risks could be worth tho.
Thank you for featuring this important lesson
Glad it was helpful!
Don't tell us to LIKE your video at the start of the video. You need to earn that THUMBS UP.
Hi
I am moe from central java indonesia
I am writing an english book for high school andnone of the tooic is financial literacy
Would you allow me to use the video for listening skills?
Thank you
This was great content, keep it up!
Thanks, will do!
Assuming nobody has a medical incident and it destroys their life savings
So true. All it takes is a couple seconds to ruin years worth of saving and planing!
That's the purpose of insurance in its many forms.
unless. You live in a country with free healthcare
Think about how long it would take to recover from a medical incident without savings.
@@davidwolfe7309 but you have. to pay copayments and deductibles b4 the insurance kicks in.
Financial literacy is amazing! But with inflation so high, I’ll actually have to pay fewer inflation-adjusted dollars if I wait to pay extra on my home!
*assuming I invest the rest.
The average American smokes cigarettes and drinks coffee.. I didn't see that on there. 😅😒
Not anymore.
Where are there $900 to $1200 a month apartments cause here in Miami a decent 1 bedroom is min $1900 an 2 bedroom $2500 unless you live in someone backyard or rundown complex that will fall apart for cheaper.
I wish I could turn back time 😞
Same? But realizing your mistake and moving forward is even better
Thank you for this
No problem 😊
Failing forward and not listening to people who make 40k a year has increased my financial intelligence exponentially
This was very well put
Thanks, Ricco!
You didn’t count the cash value of the first couples (or second’s) cash value in their whole life. That probably would have been an extra 300-350k after 40 years if they’re paying in 5k a year. Just saying.
What's is a esa?
This didn't factor in the fact that only about 25% of students actually follow through, attending universities after community college.
how did they have enough money to buy house at the age of 23 or 27. I am getting depressed.
Super helpful information thank you 🙏🏽
yes indeed
This was excellent! I wish I knew all that when I was way younger. I think it’s too late now.😩
It’s never too late, you might not make as much but you can still make a decent amount of you stick to it.
@merika 20 it never too late to start going.
guess there are 61 Bill and Mary couples out there who are PISSED tf off knowing now what they wish they knew then.😄👀🤷♀️
What does 2.6 cars mean
For every 10 households, 6 households have 3 vehicles.
@@davidwolfe7309 how did u work that out?
@@rockstarjoe5725 location and necessity for vehicles
Thank you!!
I am 57 in a Duplex , with a Car , Living on 11k a Year of SSI. that's $943.00 a Month and I smoke Camel Non filter and get $120.00 a Month EBT . Medicare and Medicaid with Extra Help .
Nice Video
What program do you use?
For the drawings? Videoscribe.
Awesome video! But wow, videos like this makes me so happy to live in denmark where every healthcare and school is payed through taxes. I couldnt imagine gradiating with a $ 100.000 debt. Its seems more like a burden than a celebration to graduate. I would feel sooo stressed out
Thanks, Kent! I'm definitely with you on the stress of debt part. I would be interested to see how people would feel about paying higher taxes to have health care and school covered through them in America. Obviously not something we currently do but it would be interesting to see how people felt!
I live in Costa Rica and i don't have to pay for education or healthcare. It would be so hard if i'd have to pay for that
@@NextLevelLife yeah thats an interresting proposal. It would be exiting to do some kind of questionaire on this topic like You say. I dont think americans wants this though. From My perspective americans Will do everything for their "freedom" which means they dont want to "share" their money. Even though the in entirety the country benefits from every person having an education and not only People Who can afford it. Also that You dont need to sell Your house if Your unlucky to get cancer and couldnt afford healthcare. Paying these Things through taxes makes You worry much less every Day :)
@@josepablobermudez6283 yes exactly. I denmark we even get payed about $ 1000 a month to go to school, its not much but You Will survive on a budget without having to get a loan :)
@@kentkjrgaardjensen4304 Same here, i get paid to go to college.
Love the graphics and simple explanation. Thanks for making this.
Just read the other comments. I get that a teenager could be overwhelmed thinking they have to work throughout their education. It certainly sucks the fun out of the room 😆
I live in the U.K. and my healthcare is paid from wages opposed. Pleased initially but I bet when I do the maths I will be taxed higher in another way.
Gratitude
This video has to be view by anyone who doesn't understand the Dave Ramsay baby steps. Is logic people but you have to put the work in
Imagine watching a movie with French subtitles and you are English. That's what it means when you are financially illiterate.
you can say that again
Turn your volume up when you record I can't hear s***
Omg does anyone realize how difficult it is to have a side huddle of flipping things on Facebook. I have tried, and I have not sold anything yet (I’ve been doing it for 1+1/2 yrs. It is time consuming for me personally as I have to deal with school as well
It's something I've tried for a while but have had problems living just outside a major city. It never seems worth it to drive 30 minutes to make a little profit
Magoo Investing oof that sucks
That was one of the more far fetched things in the video. Making 1200$ is a lot more realistic for the average person
1 1/2 and nothing? Sounds like you're not competitive as far as price/quality? Or you're not doing enough to pop up on ppl pages.
fer prz yeah just recently it’s actually started to work out, I’ve made about €60 so far
Good stuff, sir.
Thanks!
I do not understand how this realistic to plan like this? My life turns to shit on whim faster than I can usually handle it. My question is how do you account for variance? I mean my expense are literally 1350 a month and still can't save a damn thing to invest in a way to increase my income other than get a second job and work 70-80 weeks for a while. Which is miserable in my humble opinion
If you are fiscally responsible and living minimally the next step is increasing income.
I know FINANCIAL hardship is stressful but you have ti dexidw that you are going to rake control. Cut back all unnecessary expenses, less any assets you dint need, fine an online or work from home side gig, read books, consume content like this, but most important take action! Good luck
MINDS in Motion well said
@@NegativeAccelerate thank you😊
Please receive this with grace, I'm only trying to help.
I'm not sure what your religious views are but you may benefit from having a look at some of Derrick Prince's videos (he's not alive anymore though), it's possible that you have curses on you which can be from actions you've taken or actions your parents took.
I hope you take an earnest look and potentially find a solution to your problems. God Bless.
Ways to avoid the cat food diet of many senior citizens.
John and Jane payed 2000 a year for child's education so what was their contribution to themselves.
how to make this animation
Great content and topic
So, lesson learned is to be frugal
Thank yous for sharing and putting your perspective on things. Clearly paint a good picture. On how two different styles of life could change your future's
I wished I had learned this in elementary school. Sigh. Better late than never.
2 BR apt - 1200/mo
New Jersey Residents: LMAAAAOOOOOOOOOOO
5M like 40 years later assuming inflation at 3% that is about 1.75/ 5M okay u got about 2.8M of today money.
Also didn't include pay raises
lmfao who else’s parents made them watch this
Smart parents
These prices he came up with are outrages I can make a way cheaper way wtf
He didn't come up with the majority of them. They came from averages calculated by someone else. He mentions it in the video.
Damn... I'm screwed
As usual quality video, some mic issues tho.
Thanks, Charm! Yeah, I don't know what happened with the mic at the beginning there but I didn't notice it until I was already well into the editing portion of the video. And by that time I didn't have enough time left to go back and fix it before I had to get the video up.
great information
Inflation ?
$4,600 a year for healthcare? I wish...
lol right.. that 4600 cost is probably for a bandaid at my local hospital and maybe a talk with a front receptionist
The first five minutes is a hell of a financial statement 😖
I read the thumbnail as "Literal Financy" i need to go back to sleep
dopeee video
The comment section is very entitled I see.
This is great but have you seen the housing and overall costs to live in places like California? This idea just doesn’t work here
Ryan Mendoza Move
Along those lines - if Jack and Mary lived under a bridge and ate only rice, they’d have a “sweeter retirement!” After giving 70000 hours to their cubicle they can really live?! Come on. Living poor to live rich when you’re old doesn’t make sense when you say it out loud. Especially if you die before you get to your “good life.” Balance - live life now and later. 😅
I am paying 12000 a year for health insurance for family with 1 child 😡😡
I think I'm smart