Spring Clean YOUR FINANCES | Your Rich BFF
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- เผยแพร่เมื่อ 3 มิ.ย. 2024
- Hey besties! Spring is here! While you might do a regular spring cleaning of your house, why not extend that and do a spring clean of your finances? It's a great way to check your progress toward your yearly financial goals. Want more financial tips and ways to organize your finances? Check out my new book, RICH AF, out now!
Want my personal favorite high-yield savings account? Visit www.sofi.com/yourrichbff/ to learn more & get your money right!
About Me
Your favorite Personal Finance & Investing Creator. Let’s talk about money, career, & getting rich. Learn more about my background in Finance on www.YourRichBFF.com and follow me for more smart money tips.
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You should make a video of how to properly invest in the Roth IRA
How about how to invest with your HSA??
I love watching Your Rich BFF, Stock Brotha, & Everything Money. Love them all! ❤ ❤ ❤
I recommend Gabe Bult as well.
Thank you! I didn’t think I had subscriptions but this made me double check😀 good points about budgeting. I love budgeting and cash stuffing
It's so easy to get caught up in the routine and overlook opportunities for improvement. One thing I've found helpful is setting aside a 'money date' with myself once a month. During this time, I review my spending, track my progress towards my goals, and brainstorm ways to optimize my financial strategy. Great content and I also did a video with this topic, welcome to check it back!!
This used to be called "do your bills" bc you're forced to look at the statements to pay them.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
In my opinion, create a budget including income and expenses, do this with a financal advsor.
Make sure you do the planning with a professional if possible or you won’t really have a successful retirement. I work with Monica Mary Strigle and generated over months under guidance.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
Thank you. ❤
Thanks soooo much ❤🎉😊
Thank you 🙏🏽
Can you make a video on CD accounts would love to know your thoughts! Is the interest made taxed?
Hahaha. Me and the cancellation dept of ATT are first name basis for years. Then they finally did not want to give me a deal on my cable so I cut the cord…finally. Should have done it earlier. Don’t miss it a bit.😂
Great video! Would rather watch you than Dave Ramsey tbh
Time stamp would be helpful
Hi! Where did you buy your shirt?
Looking into the Sofi deal, it says in order to get 4.6% apy on checking and savings you need a direct deposit total of $5,000 per month. Otherwise you will get 1.2%.
Gotta pay to play
There is no min for direct deposit. The $5000 is for other non deposits/ transfers. I only have 2% of my paycheck to get it.
Really nice video! I was wondering if i can help you edit your videos and also make highly engaging shorts out of them.
Hello I love you hehe😊
Vivian, I am 35 looking to start my Roth IRA now... what do you suggest I invest? (I want something easy and safe where I can just continually invest and forget that it there!)
I have your book, but I haven't gotten a chance to get to the investment part! Thx!❤
Target date fund would be perfect if you're looking for a set it and forget it diversified fund. For example, you're 35 so you might pick a 2060 fund or 2055 (representing your retirement year). This fund automatically adjusts its allocations to become more conservative as you near retirement. Congrats on your next big step in your wealth journey 🎉
New subscriber, thank u for the content. Have to ask and hope u can make a video response. I'm 51, with a low mortgage rate, very little debt in the South. How can I calculate if it's worth moving to SF for higher pay, but higher mortgage rates and presumably higher cost of living. Is it a dumb time to move? It doesn't seem like it will get better anytime soon. Maybe I should grow my wealth where I am and move later, hopefully not too old? Thx 😊
Do you have a podcast?
Yep. It’s in the description of this video 🚀
I want Sofi HYSA but the stipulations are so restrictive😭 and they dont have Zelle?
-I believe Ally allows for Zelle and they have a solid APY :)
Vivian I hate my tax guy. No response rude incompetent secretaries who yell at the customers. Me, so ignorant in taxation, helplessly patient though all these abuses. How can I find and switch to a better cpa?
Your state's Department of State board of accountancy (or similar) should have a list of all state licensed CPAs that you can check into along with complaints filed. The AICPA and state equivalent organizations will have lists of CPAs that opt into membership. Depending on how complex your situation actually is most people can get away with using tax software. If your income/expenses stay similar you can look at prior year returns to see where the accountant put the amounts as a check on what the software spits out.
What do you 401k (which i get) and investment accounts? Like a Roth IRA? I max out my Roth on the first week on January.
I have a friend in her 80s who has roughly 30k in the bank. A relative told her to put 1/3 of her money in CDs. Can she get good returns on that? Thank you very much.
Rich bff use that money to educate yourself on diet and exercise and overall well being don't let money take away the wealth you can't get back from money
Sorry. I attempted to watch one of your videos on kids and roth. Ira’s. As I was listening to you talk you had loud music playing while you were talking. So I clicked out and watched another video and the same thing. So sorry I will not be subscribing or watching your videos. Good luck
No way she is 30 she looks 38
I know!! she is just so young to be helping so many people. I’m happy she got far in finances to help so many of us.
The intro is so cringe that I can’t watch her videos anymore
stop bitching