Thanks for watching this video guys! It's a new type of series...next video in this series will be steps to hit $50K in net worth so make sure you are subbed and tick the bell bro/broettes...TICK IT
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.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@@alexpietsch7997 IMO Ramsey is not NEARLY as realistic and helpful as Humphrey.. My personal finance class in High School taught the 'Ramsey method' and the only takeaway I can ever remember from him was to 'save up and pay in cash' like he did to get where he is.. That is not helpful or realistic considering the costs of college, housing, auto market, and cost of living as a whole has increased exponentially since then - Especially in comparison to wage growth throughout the same time. That being said I've learned more from watching @humphrey over the course of one year than any personal finance I was taught in college and high school combined
The fact is $10k is not life-changing by any means but what it does is shift your mentality. Saving $10k is easy at any salary level when you learn it. First 10k might be hard but once you learn it, the next one could be half or less than half the time.
I am 26 and live in a post USSR country and have a net worth of 60k$. I have been saving up since 21, even though my salary was 5k$ a year. It has increased a lot in the past 5 years, with serveral promotions and new jobs. I have 2 jobs now and I am netting 32k$ a year. Have a fully paid off car and I am planning on paying off my mortgage by the time I am 27! You can do it guys!
Perfect video, thank you so much. For those who live in USA, the Apple saving account has also a 4.40% APY. It is very nice and easy to used directly in your Iphone.
Hi, are we talking about 10k in savings (actual money) or networth? We are in debt, not much saved, but our apartment pushes the networth on the plus side.
I wish to diversify my assets by investing in ETFs/index funds and stocks of corporations with stable cash flows. I received $400k from the selling of my condo in Mansfield. Do I need some sort of asset manager to achieve this?
Remember that investing in the market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
Sure, the popular Aileen Gertrude Tippy is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment..
Thank you for sharing, I must say, Aileen appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a Bitcoin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Antonio. A widely known crypto consultant
Antonio was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Alex Antonio. He is my number one source when it comes to crypto and TA.
After I raised up to 325k trading with Antonio signal I bought a new House and a car here in the states ??also paid for my son's surgery (Oscar). Glory to God.shalom…
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
Their ...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Ms Rachael Campbell, imagine investing $12,000 and received $305,500.
Mrs Rachael Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Rachael Campbell.
just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I'm new to BTC/Cryto investment and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?
Mrs Telisha Grover is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Without a doubt!MRS Telisha Grover is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. her strategies are meticulously crafted based on thorough research and years of practical experience.
She's also my portfolio manager!! though i started with as low as $5,00 actually because it was my fourth time and it was successful, she's is a great personality in the state.
When i saw her testimonies all over the place i thought it was all made up of stories till i was convinced and gave it a try and honestly i don't regret the move i made because i invested in a big way.
My wife and i figured out we increased our net worth by 100k in 4 years. We went from -81k in 2020 to 26k last month. 40k of which was selling a condo and transitioning to renting in our long term town of residence. Im really proud of the overtime and strict budget that built the other 60k, especially considering we had 2 kids in that timeframe
Really sucks that these comment sections are filled with bot comment's promoting financial advisors/ mentors. Can never find useful information down here. 😔
You're a trailblazer in your field! 🚀 - "The only thing that stands between you and your goal is the story you keep telling yourself about why you can't achieve it.."
I know folks who have a 3 or 6 bedroom homes & rent out the additional ones they're not using. It's a win-win situation because renters' money goes towards mortgage, and not some corporate coffers, while things stay fixed because your home is the landlord's personal home, too. Plus the rent is usually exponentially lower than apts or other properties that focus almost exclusively on profits. It's not Mom's spaghetti, but there's a chance _they_ have a mom who might consider you when they bring over or come over and cook their own spaghetti. 😄
I increased my savings rate to over 50% with a $63k salary just by tracking expenses and carefully deciding how I wanted to spend. Now I have saved enough to quit my job and take some time to build my own channel. Cannot stress enough how much tracking income and expenses and being intentional with spending is LIFE CHANGING! Great video Humphrey! No shock there ;)
One thing I'll add about 401ks and high yield savings accounts is the key is to automate and put that money as far away from you as possible. If you find yourself still living comfortably without that money, ratchet it up slowly. This may drive your HR dept at work insane but 🤷. I made changes like 10 times last year before I found my comfort zone where I was saving a decent amount and still had enough going to my primary checking for my needs.
I have never invested and am only vaguely familiar with the idea, I have zero debt, 24k in cash in the bank, and I save around 1k per month. I am aware that currently my money is losing value but idk what to do with it.
TLDR: I feel like the biggest problem is the Lack Of Budgeting, which causes the High Monthly Bills. Personally, I am a firm believer that many people are not doing well financially because of spending habits. Humphrey, I feel like many people I know live an inflated lifestyle. Based on the data, "High Monthly Bills" make up 49.43% of the reason why respondents are living pay check to paycheck. Wouldn't you say that many people may have found themselves at a "Lack of Budget and Financial Planning" by signing themselves up for the "High Monthly Bills"? Example: How necessary was it to take on that $600 car payment to gets one back and forth from the job they work at? Did one HAVE to sign themselves up for that expensive monthly car bill or wouldn't it have been more wise to buy a cheaper, slightly-more aged vehicle that fits better in the monthly budget? I understand that in America, we are in the Land of the Free, I am a big fan in indulging in whatever you find valuable. This being said, if you value cars and you want to spend $800 a month for a car payment, go right ahead! But be weary of how much of your monthly income you will be spending on it, and shift your financial priorities to make it work! What do you all think? Humphrey?
I moved from one job with lower pay to a better job with higher pay and decided to match my companies 401K match along with opting for the better medical benefits. The fact that I never saw that money and was still making more than my previous job made saving that money easier for me.
I saw you walking in J town today but I was too embarrassed to say hello! lol thank you for all your videos they've helped me a lot. Didn't know you were local to me!
The library is amazing. I live in a small city and even our library has so many resources. I was debating on buying a new printer to use for printing order records for my side hustle. Instead of paying $100 for a printer and $10 on paper i can Instead use the library to print over 500 orders! I do about 10 sales a month. So I'm in the black for another 4 years!😂
I am 33 years old and save 10% of my income into cash and 40-50% to my individual brokerage. I max out my 401k and Roth IRA each year as well. It takes alot of discipline to achive money goals.
Humphrey i’m 18 years old have about 11k invested i save most of my paycheck (out of 1000 a week i save 850) i need help tracking my expenses, making more money, and the emotional and psychological part of money
Orr.... you could set your paycheck to deposit a percentage from your employer straight into your high yield account, then put the rest into your main checking account. That way, it's just like the 401k where you can't worry about it because it's preset.
Woo 2hr mark! Could you ever do a video on credit unions? I live in a very large US city and we have many credit unions. People keep telling me how good they are for credit cards and even mortgages, but I'd love to get your opinion first!
Thanks for watching this video guys! It's a new type of series...next video in this series will be steps to hit $50K in net worth so make sure you are subbed and tick the bell bro/broettes...TICK IT
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.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
It's too bad most people didn't have these personal finance resources so easily accessible 20 years ago.
right! hopefully they do now
Ramsey has been on the air for 30 years
@@alexpietsch7997 IMO Ramsey is not NEARLY as realistic and helpful as Humphrey.. My personal finance class in High School taught the 'Ramsey method' and the only takeaway I can ever remember from him was to 'save up and pay in cash' like he did to get where he is.. That is not helpful or realistic considering the costs of college, housing, auto market, and cost of living as a whole has increased exponentially since then - Especially in comparison to wage growth throughout the same time.
That being said I've learned more from watching @humphrey over the course of one year than any personal finance I was taught in college and high school combined
@@alexpietsch7997Ramsey isn’t good financial advice imo, at least I personally don’t agree with a lot of his statements
The library?
The fact is $10k is not life-changing by any means but what it does is shift your mentality. Saving $10k is easy at any salary level when you learn it. First 10k might be hard but once you learn it, the next one could be half or less than half the time.
I am 29 and am at 70k I am saving aggressively to hit the 100k milestone
Same to myself.. although I'm 2 years younger
If you don’t mind me asking, did you have any student loans?
Im 29 and i have 3k saved, only really started 2 months ago. Wish i started sooner.
@@guts1005you got time
Thank you, Humphrey! Looking forward to the next video 😊
liking this new series idea! looking forward to seeing how strategy changes as you go up and up. thanks humphrey!
More to come!
I feel like I'm the opposite with cash, where as I can't spend it fast enough and with my credit cards I actually think about the purchase first 😅.
I am 26 and live in a post USSR country and have a net worth of 60k$.
I have been saving up since 21, even though my salary was 5k$ a year. It has increased a lot in the past 5 years, with serveral promotions and new jobs.
I have 2 jobs now and I am netting 32k$ a year.
Have a fully paid off car and I am planning on paying off my mortgage by the time I am 27!
You can do it guys!
Perfect video, thank you so much.
For those who live in USA, the Apple saving account has also a 4.40% APY. It is very nice and easy to used directly in your Iphone.
Great info, even better golf swing!
Thanks 👍 hahah
Does the rate change over time in a high yield savings account, like it does in a money market account?
Yes. My Capital One account has dropped 0.1% since I started a year or two ago.
Side hustle to make an extra $25 a month. When it's raining, go to Aldi and return the carts people leave out. Keep the quarters. BOOM
There are some local businesses I shop, and they actually give me and anyone for that matter a discount for paying in cash.....Imagine that lol
@HumphreyYang8 where we going?
Hi, are we talking about 10k in savings (actual money) or networth? We are in debt, not much saved, but our apartment pushes the networth on the plus side.
Wtf. median household income is like $70k, people are only saving $2500 per year?? Wow
Now do 100k pls
U got it?
I wish to diversify my assets by investing in ETFs/index funds and stocks of corporations with stable cash flows. I received $400k from the selling of my condo in Mansfield. Do I need some sort of asset manager to achieve this?
Remember that investing in the market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
I've been getting suggestions to use a market expert too, but where and how to find one has been challenging, Can i reach out to the one you use?
Sure, the popular Aileen Gertrude Tippy is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment..
Thank you for sharing, I must say, Aileen appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
Kristin Amber Landis is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a Bitcoin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Antonio. A widely known crypto consultant
Antonio was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Alex Antonio. He is my number one source when it comes to crypto and TA.
After I raised up to 325k trading with Antonio signal I bought a new House and a car here in the states ??also paid for my son's surgery (Oscar). Glory to God.shalom…
Antonio market analysis is top-notch. His advice and daily signals are highly accurate and worth following.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
Their
...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Ms Rachael Campbell, imagine investing $12,000 and received $305,500.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
Mrs Rachael Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Rachael Campbell.
She must be really dedicated and well trusted for people to talk much good about
I Started with 5,000$ and Withdrew profits
89,000$
just withdrew my profits a week ago,
To be honest it was an amazing feeling
when the profits hits my wallet I wish I
could reinvest but, too much bills
10k is the easy one (unless you’re in debt) 100k is the tough one
I think you should always know where your money goes no matter how much money you have.
yep!
I'm new to BTC/Cryto investment and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
Mrs Telisha Grover is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Without a doubt!MRS Telisha Grover is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. her strategies are meticulously crafted based on thorough research and years of practical experience.
She's also my portfolio manager!! though i started with as low as $5,00 actually because it was my fourth time and it was successful, she's is a great personality in the state.
When i saw her testimonies all over the place i thought it was all made up of stories till i was convinced and gave it a try and honestly i don't regret the move i made because i invested in a big way.
My wife and i figured out we increased our net worth by 100k in 4 years.
We went from -81k in 2020 to 26k last month.
40k of which was selling a condo and transitioning to renting in our long term town of residence.
Im really proud of the overtime and strict budget that built the other 60k, especially considering we had 2 kids in that timeframe
This series is going to be extremely helpful. I’m about to pay off all of my student debt and then plan on aggressively building my “nest”.
Really sucks that these comment sections are filled with bot comment's promoting financial advisors/ mentors. Can never find useful information down here. 😔
You're a trailblazer in your field! 🚀 - "The only thing that stands between you and your goal is the story you keep telling yourself about why you can't achieve it.."
Move back into your parents' place. Saves thousands per month.
yep - 300K NW by doing this for me. This is the real answer.
Yeah, if your parents consent.
I know folks who have a 3 or 6 bedroom homes & rent out the additional ones they're not using. It's a win-win situation because renters' money goes towards mortgage, and not some corporate coffers, while things stay fixed because your home is the landlord's personal home, too. Plus the rent is usually exponentially lower than apts or other properties that focus almost exclusively on profits. It's not Mom's spaghetti, but there's a chance _they_ have a mom who might consider you when they bring over or come over and cook their own spaghetti. 😄
I increased my savings rate to over 50% with a $63k salary just by tracking expenses and carefully deciding how I wanted to spend. Now I have saved enough to quit my job and take some time to build my own channel. Cannot stress enough how much tracking income and expenses and being intentional with spending is LIFE CHANGING! Great video Humphrey! No shock there ;)
One thing I'll add about 401ks and high yield savings accounts is the key is to automate and put that money as far away from you as possible. If you find yourself still living comfortably without that money, ratchet it up slowly. This may drive your HR dept at work insane but 🤷. I made changes like 10 times last year before I found my comfort zone where I was saving a decent amount and still had enough going to my primary checking for my needs.
Can you do a video on 100K net worth ?
$50K is next
Then $100 or 250k
@@humphreyneed this video, so I will appreciate it greatly :)
@@humphrey let's go !
👀
I have never invested and am only vaguely familiar with the idea, I have zero debt, 24k in cash in the bank, and I save around 1k per month. I am aware that currently my money is losing value but idk what to do with it.
You are doing a great service by educating young folks. These concepts are sadly missing from the modern zeitgeist.
What are your thoughts on CDs like the 360 from capital one?
TLDR: I feel like the biggest problem is the Lack Of Budgeting, which causes the High Monthly Bills.
Personally, I am a firm believer that many people are not doing well financially because of spending habits.
Humphrey, I feel like many people I know live an inflated lifestyle.
Based on the data, "High Monthly Bills" make up 49.43% of the reason why respondents are living pay check to paycheck.
Wouldn't you say that many people may have found themselves at a "Lack of Budget and Financial Planning" by signing themselves up for the "High Monthly Bills"?
Example: How necessary was it to take on that $600 car payment to gets one back and forth from the job they work at? Did one HAVE to sign themselves up for that expensive monthly car bill or wouldn't it have been more wise to buy a cheaper, slightly-more aged vehicle that fits better in the monthly budget?
I understand that in America, we are in the Land of the Free, I am a big fan in indulging in whatever you find valuable. This being said, if you value cars and you want to spend $800 a month for a car payment, go right ahead! But be weary of how much of your monthly income you will be spending on it, and shift your financial priorities to make it work!
What do you all think? Humphrey?
I moved from one job with lower pay to a better job with higher pay and decided to match my companies 401K match along with opting for the better medical benefits. The fact that I never saw that money and was still making more than my previous job made saving that money easier for me.
Great information!!
I disagree in paying in cash. We can get cashback from our monthly bills, groceries and the rent
Is the emergency fund included in the networth?
If you can do all these side Hustle, then you're no longer a low income earlier.
you're the man Humph!
Ope my net worth is 11k, not watching the vid anymore…
Jk love your videos!
Legend! Lol
I saw you walking in J town today but I was too embarrassed to say hello! lol thank you for all your videos they've helped me a lot. Didn't know you were local to me!
My net worth ballooned from 2019-2021 then is sliding down ever since. It might be the 1100 Nio shares.
The stock market has totally taken off. You should have gained a lot since then... you gotta get diversified.
Just got terminated from my job, back to square one it seems
I'm sorry....... I feel this I had so many friends that got laid off.... its so scary; I wish you luck!
Yea I wish you luck. Don't give up!
That's where having an emergency fund of 6 months of expenses would've been a smart move
@@willmahan4161 yah, this job would’ve got me there half the time but I guess not
Why don't you delete these spam bot comments on your videos? So annoying
bro, we try, but they keep popping up
In canada many in the public are pushing fir highschools to teach finance courses that are mandatory
The library is amazing. I live in a small city and even our library has so many resources. I was debating on buying a new printer to use for printing order records for my side hustle. Instead of paying $100 for a printer and $10 on paper i can Instead use the library to print over 500 orders! I do about 10 sales a month. So I'm in the black for another 4 years!😂
I am 33 years old and save 10% of my income into cash and 40-50% to my individual brokerage. I max out my 401k and Roth IRA each year as well. It takes alot of discipline to achive money goals.
Humphrey should your first $10k be mostly liquid like savings accounts. Then the rest should be retirement and investments?
Humphrey i’m 18 years old have about 11k invested i save most of my paycheck (out of 1000 a week i save 850) i need help tracking my expenses, making more money, and the emotional and psychological part of money
Orr.... you could set your paycheck to deposit a percentage from your employer straight into your high yield account, then put the rest into your main checking account. That way, it's just like the 401k where you can't worry about it because it's preset.
Woo 2hr mark!
Could you ever do a video on credit unions? I live in a very large US city and we have many credit unions. People keep telling me how good they are for credit cards and even mortgages, but I'd love to get your opinion first!
Where do u keep your 30% cash at? High yield savings account?
i know exactly where my money is going.. and there's nothing i can do about it..
What about if I wanted to pay bills for two months straight basically double paying
I cant believe how is it possible for a US person not to have moer than 10k saved
avoid low income... got it lol simple as that
Can you make videos based on pensions?
Thanks for the content !
...and most high yield savings accounts ONLY allow about 6 withdrawals per year to help you NOT touch it and let your emergency savings grow!
It was no more than 6 per month by law (not bank rules). But now banks can make certain expections depending on their company policy.
I feel like I’ve watch this video 100 times by now
that means youre killing it
First
woohoo
@pussin boots gem 💎
okay..
@@humphrey 😂