▸▸▸ www.365daystofire.com/ Enrollment is now open for our 365 Days to F.I.R.E. Program for 2025 Sign up and get: ◼ Completed F.I.R.E. Plan, Stock Investing Plan, Real Estate Investing Plan, etc. by the end of program ◼ Daily F.I.R.E. Actions ◼ Monthly Live Q&As ◼ Small Accountability Groups ◼ Quarterly Book Club ◼ 3 Meet-ups in Portugal, including a 2-Day Conference with us in Porto! ◼ Private Facebook group ◼ Lifetime access to daily tasks, recorded live Q&As, recorded book club meetings, Facebook group, and resources ◼ Discounted future meetups as 365 Days to F.I.R.E. program alumni ◼ And more! To learn more and enroll NOW, go to: www.365daystofire.com/
You guys are a Godsend! I’m 64 and I have no real retirement savings and after binging on your videos I have hope and I can now develop a plan. Thank God and thank you Christina and Amon!
This helped me a lot. I'm 52 and was not feeling optimistic about retirement. I just went and asked if I was contributing the most to my 401k and yesterday I opened a Roth IRA. Now focusing on paying off debt. Thank you and keep the good info coming!
Thank you so much! You guys have given me hope. I made so many mistakes and I’m 56 and just getting back on track. I appreciate the encouragement and advice! Please keep the videos coming. I’ve been watching you all for about a year since I am looking into moving to Portugal. Thank you again!!!
I'm not kidding when I say this; You guys offer more value on your channel than any other channel I've seen! I'm blown away by how clearly you explain great financial advice! Thank you. I am a full-time RVer. My wife and I have been on the road for about 1.5 years. I do a little work online with Kindle Books and web design, as well as working at the resorts where we stay. We're able to live "rent free" for working at the resorts, but we still have a couple of credit card payments and a payment on our RV. Do you have some good side-hustle ideas for people like us, who don't live a stable life in a brick and mortar home? Thanks so much :)
Sounds like you are living the dream! RVing is something we talk about all the time. We are so jealous :-) As far as side hustles check out our side hustles videos. We talk about a couple of digital nomad type of hustles in those videos but the emphasis has not been on what would suit your traveling lifestyle. But I think we can develop a side hustle video that would be perfect for you. And since we've been considering traveling full-time it will be very helpful for us as well. We're so EXCITED! Please stay tuned...
@@Warrior_Resisting_Colonialism You are way off target, but thanks for your attempt to help. Together, the wife and I make very good money working at the resorts. We don't have a mortgage payment, and utilities don't cost us a penny. We have perks with the job we used to dream about. I'm always looking for more side-hustles and never stated I was broke, nor heading in that direction. Actually, I found your reply a bit condescending and presumptuous. Nevertheless, good luck to you and yours!
@@Warrior_Resisting_Colonialism I had to remove my last reply to you, because it might have come across as rude. You simply don't understand a thing I've said; the resort IS the RV park. Purchasing my Class A motorhome was the best decision I've ever made... best investment because we live full-time in places we would have never had the chance to visit if we worked full-time. I don't do anything like "the other guy". CC debt has built my credit score higher than it has ever been for me. Again, thank you and good luck with your future. You just don't understand mine. :)
Ya'll have a video for everything :) I just turned 48 and have nothing saved for retirement and still have my own student loans and consumer debt. I'm going to look at our employer and see if they offer a 401k plan and when enrollment is available.
I started late but am making great progress over the past 5 years using many of the ideas you've suggested...two more to think about...if you're divorced but had been married more than 10 years the income of your ex spouse will be considered for your SSI...if they made more than you your benefits will be higher without effecting theirs...and the BIG ONE...get and keep yourself as healthy as possible...it will not only add to the quality of your life but save you money...get all the tests recommended for your age group before you retire while you have insurance...especially the colonoscopy and bone density..stop smoking...I work in the medical field and see what procrastination and denial do to the lives of patients as they get older...thank for another great video
kankerdoodle b - amazing two to add to the list! Thank you for sharing! Benefits for an ex-spouse should definitely be looked into! And HEALTH - soooooo true!!!! So important to stay healthy as we advance in age.
I already told my son I am NOT pulling from retirement for his education. I also told him his grades, test scores, and community involvement were the currency to his education. But I also told him he could take a gap year if needed and work on his desired field to see if it is what he really wants to do, while saving for college (I don't want him to have student loans like myself) if he decides to go. Otherwise, he better have a solid business plan or plan to take up a trade which often pay more than a bachelor's degree anyway....
Have him look into free trade programs available to high school students as well if that is interest. Where I live high school students can attend a trade school for free while enrolled at their high school. Then when they graduate they have a diploma and certification in a trade field. Also have him consider community college if he has high grades. My best friend got her associates for free since she graduated in the top 20% of our class. Can’t beat free!!!
Thank you, this helps! Coming from a divorce...lost everything...literally starting over from scratch, im in my high 40's and my credit is in the toilet. Ugh! Some days I literally fell like giving up....
You can do it! Just get started. If you are in debt, learn about Dave Ramsey's debt snowball method. Amon & Christina are amazing with their advice! I also suggest JL Collins to learn more about investing. It is not too late. You will be amazing what your net worth looks like in 5 years. Best of luck to you.
Great video. We're doing a few things already you talked about. Driving older cars, planning on downsizing to a smaller house and moving to a cheaper area.
I'm really enjoying your videos. My husband I paid off alot of debt and now we want to take that next step. We too love to travel/aren't concerned with material things. You are giving us great ideas, thank you!
Excellent video, you two are a blessing to me and my wife, I’ve been a follower of yours for quite some time, I told my wife about you guys and now we both look forward to your videos. You have helped us out a lot, thanks for sharing your knowledge with you viewers and keep up the great at work. I wish I would have had the pleasure of knowing you two when you stayed in Oakland.
This makes sooo much sense to me. I love the advice to not pay for your child's education. Your child can get scholarships, etc. Also, I think there is value in the fact that the child is paying for it and therefore value it and make the most of it. Not waste the opportunity.
Yes. I have high interest debt I’m working on right now, but I’m STILL contributing up to the work match for my work retirement account, and look forward to the day I can do more. 🔥🔥🔥
Just recently found you guys...my thinking has changed so much in this past year with TH-cam self help channels...and you guys are a blessing....I am 44yrs old and after never getting financial teaching I am learning so much from you guys...whilst not being too late for me, it is going to be so beneficial for my boy in his future Thank you, thank you and once again....thank you! 😍
Thank you for sharing that with us! It's so great that you are learning more about finances and investing - and you get to share your knowledge with your son! :) Thanks for watching! :)
Thank you two for sharing your life, your world with us! Your intellect, wisdom & passion for a "rich & well-lived life is so beautifully displayed in all of your humble, yet power-packed videos. You two are AMAZING!!!😍😍😍😍😍 ... & yes, I am a new subscriber!
WOW! Thank you for the kind words. We love sharing and are inspired by your support. Thank you! Thank you! Thank you! We're so honored you've subscribed :-)
Great Vid!! As a couple is mid 50's, who are paying for our childs college education. And trying to make ends meet, and live our lives as well. It gets tight sometimes. Especially when his tuition is due. But all your vids have fueled me to expand my options. I just started investing for the first time EVER!! Slowly building on Robinhood account. Looking for my side hustle. You both have really inspired me. So, Thank You! Amon, nice V neck, but I was hoping to see one of the new logo T's you bragged about.
WOW! We are impressed by all the action you've taken. That is awesome. You'll be building a real estate empire next :-) LOL on the T-shirt. It coming soon ;-)
I applied for scholarships and lived. I did not expect my parent to do that for me. Would a financial gift have been nice...? Yes. But I became an efficient adult through doing this myself. Ok to let kids struggle and work hard for a few things in life.
Great video! I’m behind since I took out my 401k twice being a single mom and not getting child support. So now I’m playing catch up. I’m put 9% in my 401k and my company matches 6% and I put 5% in my company shares and I invest 100.00 a month in dividend stocks monthly. I’m currently saving to pay off my car lease is 2021 and I’m working on my 3 month emergency fund. So I’m saving 1000 a month for those 2 things. Any advice? I’m 51 with less than 100k in my retirement.
You are both amazing. Thank you for all the videos that you put together, I think we all actually appreciative of them. One thing I keep thinking about when I hear your videos is if you offer anyone one on one consultation?
You are very welcome! Regarding consultation, we hope to one day do one-on-one consults but we are so busy right now that we cant dedicate the time it deserves. And so we make our videos hoping to help as many people as possible by planting the seeds that will get them started. However, if you have any questions feel free to ask and we'll give you our opinion. Thanks again for the love and support :-)
you can find us on instagram @richjourney. The link to all our social media and websites is in the "About" section of our TH-cam channel. Send us a message on any of those platforms.
@@OurRichJourney i didn't mean to sound like my subscription is something grandeur haha. But the message really touched my heart. Last year or so I've been working on paying off my parents' credits debt and helping them with their mortgage as well as their saving. They are in the early 60s. It's a long way to go as I have to work on mine too. But I'm glad to hear in your video of hope. =)
Thank you for the wonderful advice you are giving to people. Even to start thinking about it, is a first step that most people don't take. You two are a god send!
Mila Piedra Thank you! We are so glad you’re enjoying our videos. Please let us know if you want us to explore a topic in a future video. Thanks again!
You're very welcome! Its our pleasure. Thank you for watching and please let us know if there is a topic you would like us to discuss on a future video. Thanks again!
Another good argument for parents to pay for their retirement first rather than their child's student loans is to not be a "burden" (for lack of a better term) for their kids later in life. As a young professional (and in student debt), I would much prefer the piece of mind of having my parents sustain-ably supporting themselves, than the "gift" of having my student loans paid for.
@@OurRichJourney It is much needed. I was 49 when I found Dave Ramsey, and about the FIRE movement last March. I was an independent contractor without a dime in a retirement account. I knew I needed to do something, but I didn't even know where to start. Lots of other folks are in the same boat. This info is like a desperately needed map for a lost convoy.
I spent my entire savings sending my 2 boys to college and it was a complete waste. Neither graduated and working dead end jobs. I was devastated and I’m rebounding at 42
This has happened to so many people I know. It would have been better to keep your money and have them get student loans. One couple sold their home to pay for two daughters college and now they are paying high rent with no hope of buying another home. You are still young and I hope you can recover.
Thank you both i discovered your channel last week and can't stop watching your videos. I share them with family and friends Awesome information and advice.
Thank you for your videos & advice! Saving and budgeting used to be something I would always say "I'm bad at" - obviously just an excuse. With your positive and informational videos, I now can say "I'm learning how to be better". It's never too late to make the financial changes we want to see in our lives. If I want to track my budget (investments, savings, debt reduction, expenses, etc) in an app so I can update it more easily, what app would you suggest?
Thank you and congrats on starting your journey! The Mint App is a great. We've used it for years and its been really easy to use. Check it out and let us know what you think. Thanks again! We are so glad to be on the journey with you!
@@OurRichJourney Thank you for your suggestion, I'll try it out! Do you have any concerns or hesitations with connecting such apps to your online banking or investment accounts?
@@OurRichJourney I've been using the Mint app since you suggested it and I'm really loving it! I like how it gives me a snapshot of everything I have - investments, bank accounts, credit cards, etc. I get to see my overall financial health in one location, helping me keep a better eye on it all. I've also been enjoying the goal setting feature; now savings is like a game and I see if I can beat the monthly amount to get to my end goal faster. Since it's a Intuit product and I already use TurboTax, I feel safer with Mint than with competitor apps. Thanks for you help! :)
Thank you! And Congrats on your FI journey! We are happy to be on it with you. ALSO....we have to say.....your hair style is sooooo beautiful :-)....AMAZING! Thanks again!
This is so true it is never too late to save, make right decision and invest. Just keep focused on your goal and enjoy the journey to financial freedom. Thank you for providing inspiration to everyone. 😍😍😍
If divorced, and part of your settlement was half of you ex spouses pension, check to see when you can start collecting that pension. On some pensions you are eligible for your part of the pension as soon as the ex spouse starts taking their pension...it’s not necessarily when you retire or at a certain age.
It’s a shame the calculator only works if you have a US address. I couldn’t get past the first question! The rest of your presentation is also geared to citizens of the US (we don’t have the same plans in Canada) but at least with the calculator it should fundamentally work the same in any country/currency... if you know what you need.
Retirement funded > paying for kids college isn’t an emotional debate but a numerical one. If you are financially independent in retirement you can afford to help your kids financially for the rest of their lives. If you don’t take advantage of compound interest and blow all your savings on kids education, they’ll always be financially taking care of you. You can still pay off a big chunk of their loans. Just do so after you’ve made at least some of that money in interest (plus won’t have to be a financial burden to them). While you’re at it, downsize now. Having to go through a million and one old things after your parents pass can be a mountain of a burden in itself.
You need to do another video for this same age bracket with people who do not have a home. Many of us will retire with out enough money or any money and we are not home owner please give advice.
My mom started late but she has been working hard these last 4 years to get on track. It has been difficult because she has to save for two people--her and her husband. He doesn't like to save.
Oh YES! Have you seen our stock portfolio videos? Check out our high dividend portfolio here: th-cam.com/video/VnipiKZZt68/w-d-xo.html Here is our Vanguard Portfolio: th-cam.com/video/dYzOlqhV2zA/w-d-xo.html Let us know if you have anymore questions.
I hear retirement accounts mentioned a lot, but what about those of us who are self-employed? What sort of interest bearing, tax deferred retirement account options are there for self employed folks?
Yes student loan is good and my child is going to take student loan for her higher studies by july, so I can save some.money from then. I have own house without mortgage and can give it to Airbnb.
My grandbaby is going to be 1 next month and her parents want to spend almost $400 on BIRTHDAY cake! This is why our people jusy continue the cycle of poverty
▸▸▸ www.365daystofire.com/
Enrollment is now open for our 365 Days to F.I.R.E. Program for 2025
Sign up and get:
◼ Completed F.I.R.E. Plan, Stock Investing Plan, Real Estate Investing Plan, etc. by the end of program
◼ Daily F.I.R.E. Actions
◼ Monthly Live Q&As
◼ Small Accountability Groups
◼ Quarterly Book Club
◼ 3 Meet-ups in Portugal, including a 2-Day Conference with us in Porto!
◼ Private Facebook group
◼ Lifetime access to daily tasks, recorded live Q&As, recorded book club meetings, Facebook group, and resources
◼ Discounted future meetups as 365 Days to F.I.R.E. program alumni
◼ And more!
To learn more and enroll NOW, go to: www.365daystofire.com/
You guys are a Godsend! I’m 64 and I have no real retirement savings and after binging on your videos I have hope and I can now develop a plan. Thank God and thank you Christina and Amon!
This helped me a lot. I'm 52 and was not feeling optimistic about retirement. I just went and asked if I was contributing the most to my 401k and yesterday I opened a Roth IRA. Now focusing on paying off debt. Thank you and keep the good info coming!
Thank you so much! You guys have given me hope. I made so many mistakes and I’m 56 and just getting back on track. I appreciate the encouragement and advice! Please keep the videos coming. I’ve been watching you all for about a year since I am looking into moving to Portugal. Thank you again!!!
I'm not kidding when I say this; You guys offer more value on your channel than any other channel I've seen! I'm blown away by how clearly you explain great financial advice! Thank you. I am a full-time RVer. My wife and I have been on the road for about 1.5 years. I do a little work online with Kindle Books and web design, as well as working at the resorts where we stay. We're able to live "rent free" for working at the resorts, but we still have a couple of credit card payments and a payment on our RV. Do you have some good side-hustle ideas for people like us, who don't live a stable life in a brick and mortar home? Thanks so much :)
Sounds like you are living the dream! RVing is something we talk about all the time. We are so jealous :-) As far as side hustles check out our side hustles videos. We talk about a couple of digital nomad type of hustles in those videos but the emphasis has not been on what would suit your traveling lifestyle. But I think we can develop a side hustle video that would be perfect for you. And since we've been considering traveling full-time it will be very helpful for us as well. We're so EXCITED! Please stay tuned...
Check out Paula Pant then
@@Warrior_Resisting_Colonialism You are way off target, but thanks for your attempt to help. Together, the wife and I make very good money working at the resorts. We don't have a mortgage payment, and utilities don't cost us a penny. We have perks with the job we used to dream about. I'm always looking for more side-hustles and never stated I was broke, nor heading in that direction. Actually, I found your reply a bit condescending and presumptuous. Nevertheless, good luck to you and yours!
... and check out: "your versus you're"
@@Warrior_Resisting_Colonialism I had to remove my last reply to you, because it might have come across as rude. You simply don't understand a thing I've said; the resort IS the RV park. Purchasing my Class A motorhome was the best decision I've ever made... best investment because we live full-time in places we would have never had the chance to visit if we worked full-time. I don't do anything like "the other guy". CC debt has built my credit score higher than it has ever been for me. Again, thank you and good luck with your future. You just don't understand mine. :)
Ya'll have a video for everything :) I just turned 48 and have nothing saved for retirement and still have my own student loans and consumer debt. I'm going to look at our employer and see if they offer a 401k plan and when enrollment is available.
I started late but am making great progress over the past 5 years using many of the ideas you've suggested...two more to think about...if you're divorced but had been married more than 10 years the income of your ex spouse will be considered for your SSI...if they made more than you your benefits will be higher without effecting theirs...and the BIG ONE...get and keep yourself as healthy as possible...it will not only add to the quality of your life but save you money...get all the tests recommended for your age group before you retire while you have insurance...especially the colonoscopy and bone density..stop smoking...I work in the medical field and see what procrastination and denial do to the lives of patients as they get older...thank for another great video
kankerdoodle b - amazing two to add to the list! Thank you for sharing! Benefits for an ex-spouse should definitely be looked into! And HEALTH - soooooo true!!!! So important to stay healthy as we advance in age.
I already told my son I am NOT pulling from retirement for his education. I also told him his grades, test scores, and community involvement were the currency to his education. But I also told him he could take a gap year if needed and work on his desired field to see if it is what he really wants to do, while saving for college (I don't want him to have student loans like myself) if he decides to go. Otherwise, he better have a solid business plan or plan to take up a trade which often pay more than a bachelor's degree anyway....
You are an awesome Mom! You sound a lot like us talking to our girls ;-) Keep up the great work!
Have him look into free trade programs available to high school students as well if that is interest. Where I live high school students can attend a trade school for free while enrolled at their high school. Then when they graduate they have a diploma and certification in a trade field.
Also have him consider community college if he has high grades. My best friend got her associates for free since she graduated in the top 20% of our class. Can’t beat free!!!
Thank you, this helps! Coming from a divorce...lost everything...literally starting over from scratch, im in my high 40's and my credit is in the toilet. Ugh! Some days I literally fell like giving up....
You can do it! Just get started. If you are in debt, learn about Dave Ramsey's debt snowball method. Amon & Christina are amazing with their advice! I also suggest JL Collins to learn more about investing. It is not too late. You will be amazing what your net worth looks like in 5 years. Best of luck to you.
You can do it..pay yourself first, even a little, stay on budget. Keep frugal. Don't forget to keep saving.
In my 40s...too.
Take a deep breath.
Sit down with a calculator.
Bills.
Food and gas ⛽️.
$ left over.
Divide between
Savings account and
Roth IRA
This is exactly the video i needed. I just turned 50 and am way behind. Your videos are so helpful. I'm planning on taking your course.
Great video. We're doing a few things already you talked about. Driving older cars, planning on downsizing to a smaller house and moving to a cheaper area.
Thank you! Sounds like you guys are doing it RIGHT! Thanks for sharing :-)
I'm really enjoying your videos. My husband I paid off alot of debt and now we want to take that next step. We too love to travel/aren't concerned with material things. You are giving us great ideas, thank you!
I love this advice. People do need hope - thank you for providing it!
Thank you so much!
Excellent video, you two are a blessing to me and my wife, I’ve been a follower of yours for quite some time, I told my wife about you guys and now we both look forward to your videos. You have helped us out a lot, thanks for sharing your knowledge with you viewers and keep up the great at work. I wish I would have had the pleasure of knowing you two when you stayed in Oakland.
Lean - thank you! That is so kind! So glad that you're liking the videos!
This makes sooo much sense to me. I love the advice to not pay for your child's education. Your child can get scholarships, etc. Also, I think there is value in the fact that the child is paying for it and therefore value it and make the most of it. Not waste the opportunity.
I used these tips and compiled them into a document and emailed it to my mom. Thank you for these amazing gems
I earned three degrees all on scholarships. My Mom was a single parent, so I didn't want to burden her with debt.
Thanks for sharing and caring about your followers! Great video keep it up!
James Germain: Hustle, Invest, Grow , and Live -That's such a sweet comment! Thank you so much for the positivity!!! :)
Love your videos and your optimistic approach! Puts things in proper perspective!
Yes. I have high interest debt I’m working on right now, but I’m STILL contributing up to the work match for my work retirement account, and look forward to the day I can do more. 🔥🔥🔥
That is awesome! Congrats on knocking out the debt while also building wealth. Taking advantage of the match is a MUST. Thank you for sharing.
Just recently found you guys...my thinking has changed so much in this past year with TH-cam self help channels...and you guys are a blessing....I am 44yrs old and after never getting financial teaching I am learning so much from you guys...whilst not being too late for me, it is going to be so beneficial for my boy in his future
Thank you, thank you and once again....thank you! 😍
Thank you for sharing that with us! It's so great that you are learning more about finances and investing - and you get to share your knowledge with your son! :) Thanks for watching! :)
@@OurRichJourney 😍
Had to listen again. Thank you.
We LOVE it!!! Thank you for listening AGAIN!❤️
Thank you two for sharing your life, your world with us! Your intellect, wisdom & passion for a "rich & well-lived life is so beautifully displayed in all of your humble, yet power-packed videos. You two are AMAZING!!!😍😍😍😍😍 ... & yes, I am a new subscriber!
WOW! Thank you for the kind words. We love sharing and are inspired by your support. Thank you! Thank you! Thank you! We're so honored you've subscribed :-)
Another great video. I am going back and watching all the ones I missed.
Thank you so much! We are so glad you are enjoying our video!
Great Vid!! As a couple is mid 50's, who are paying for our childs college education. And trying to make ends meet, and live our lives as well. It gets tight sometimes. Especially when his tuition is due. But all your vids have fueled me to expand my options. I just started investing for the first time EVER!! Slowly building on Robinhood account. Looking for my side hustle. You both have really inspired me. So, Thank You!
Amon, nice V neck, but I was hoping to see one of the new logo T's you bragged about.
WOW! We are impressed by all the action you've taken. That is awesome. You'll be building a real estate empire next :-)
LOL on the T-shirt. It coming soon ;-)
Good advice on student costs. CLEP is a great way to address matriculation at.a good cost per credit.
Thank you. We plan to do a whole video on paying for college. Stay tuned....we think people will get a lot out of it.
I just love how both of you explain different topics , great info thank you🌍
My favorite money couple!!!! I really enjoy your content!!!!
Aww...thank you so much for the love :-)
Great video again, thanks again, bless to come across this channel, priceless :)
Thank you so much. It is our pleasure to provide the info :-)
Downsizing sounds great too me!
Great way to save tons of money! :)
Thankyou I wish I could find a UK video like yours.
Thank you so much! You are too kind :-)
Ha ha I was thinking the exact same thing!
This video really gave me hope! Thank you so much! I've found so much value in your videos. God bless!
Thank you! We are so glad you getting value from our videos :-)
Love this video. It showed up in my recommendations. I am so happy to have found your channel.
Thank you. We are so glad you found us. We develop at least two videos a week so please feel free to make any request or suggestions. Thanks again!
Thank you. I need the hope. At 60 I am starting a new career.
This was brilliant
Thank you so much! So glad you enjoyed it :-)
I applied for scholarships and lived. I did not expect my parent to do that for me. Would a financial gift have been nice...? Yes. But I became an efficient adult through doing this myself.
Ok to let kids struggle and work hard for a few things in life.
Great points! We had the same experiences as you. It makes you more independent and builds character. Thank you for sharing!
Another wonderful video. I look forward to your videos, they are so enlightening
Thank you so much for the kind comment! Glad you liked the video!!!
Thank you for the great information!
Love all the advice! Thank you both.
Our pleasure! Thank you for the kind words :-)
Great video! I’m behind since I took out my 401k twice being a single mom and not getting child support. So now I’m playing catch up. I’m put 9% in my 401k and my company matches 6% and I put 5% in my company shares and I invest 100.00 a month in dividend stocks monthly. I’m currently saving to pay off my car lease is 2021 and I’m working on my 3 month emergency fund. So I’m saving 1000 a month for those 2 things. Any advice? I’m 51 with less than 100k in my retirement.
Get away from that lease ASAP and invest the difference!
Hey! My mom is on the same boat how is it going?
Thanks for the encouragement.
Thank you for your encouraging comment! :)
I am 60, should i open a Roth and a IRA account? Thanks!
This is great info! Thank you! 😁
Thank you so much!
Thank you 🙏🏾
No problem 😊
Good advice re child's education. They may or may not go to college/be able to work/help you, etc. You will definitely need $$ for retirement!
Thank you! And exactly :-)
You are both amazing. Thank you for all the videos that you put together, I think we all actually appreciative of them. One thing I keep thinking about when I hear your videos is if you offer anyone one on one consultation?
You are very welcome! Regarding consultation, we hope to one day do one-on-one consults but we are so busy right now that we cant dedicate the time it deserves. And so we make our videos hoping to help as many people as possible by planting the seeds that will get them started. However, if you have any questions feel free to ask and we'll give you our opinion. Thanks again for the love and support :-)
What's the best way to contact you for questions? Here? Thanks again!
you can find us on instagram @richjourney. The link to all our social media and websites is in the "About" section of our TH-cam channel. Send us a message on any of those platforms.
@@OurRichJourney great! I just followed you on insta and sent you a message via your site. Thank you so much for your support.
Hey thank you for sharing!!! But this seems so overwhelming already. I am going to follow because I desperately need the help.
Thank you both so much!!
I saw quite a few vids from you guys but finally subscribed after this one. Great info and message. 👍
Thank you so much :-)
@@OurRichJourney i didn't mean to sound like my subscription is something grandeur haha. But the message really touched my heart. Last year or so I've been working on paying off my parents' credits debt and helping them with their mortgage as well as their saving. They are in the early 60s. It's a long way to go as I have to work on mine too. But I'm glad to hear in your video of hope. =)
Thank you for the wonderful advice you are giving to people. Even to start thinking about it, is a first step that most people don't take. You two are a god send!
Really enjoy your videos. I’m learning a lot.
Mila Piedra Thank you! We are so glad you’re enjoying our videos. Please let us know if you want us to explore a topic in a future video. Thanks again!
I put myself through college, no one gave me a dime. And I worked full time while I went to school.
thank you for the insights into the different stages of retirement
You're very welcome! Its our pleasure. Thank you for watching and please let us know if there is a topic you would like us to discuss on a future video. Thanks again!
Another good argument for parents to pay for their retirement first rather than their child's student loans is to not be a "burden" (for lack of a better term) for their kids later in life.
As a young professional (and in student debt), I would much prefer the piece of mind of having my parents sustain-ably supporting themselves, than the "gift" of having my student loans paid for.
Perfect advice. This is going to help so many people.
Thank you so much! We want to give people perspective and the knowledge that it is not too late to invest for retirement.
@@OurRichJourney It is much needed. I was 49 when I found Dave Ramsey, and about the FIRE movement last March. I was an independent contractor without a dime in a retirement account. I knew I needed to do something, but I didn't even know where to start. Lots of other folks are in the same boat. This info is like a desperately needed map for a lost convoy.
What a fantastic channel and advice. Thank you so much!!!!
Liked and subd. thank you so much for your channel and for the hope you gave me and many others with this video.
Carlos Lins - Such a kind comment - thank you! So glad you subbed!!! :)
Thank you very much ! Love you guys
I spent my entire savings sending my 2 boys to college and it was a complete waste. Neither graduated and working dead end jobs. I was devastated and I’m rebounding at 42
This has happened to so many people I know. It would have been better to keep your money and have them get student loans. One couple sold their home to pay for two daughters college and now they are paying high rent with no hope of buying another home. You are still young and I hope you can recover.
Thank you both i discovered your channel last week and can't stop watching your videos. I share them with family and friends Awesome information and advice.
Great video! Thank you for sharing.
Thank you so much!
What brokerage do you suggest for a target date fund?? Thanks for all the info you guys share!
Vanguard has low expense ratios on their target date funds! But, you can also check out Fidelity and Charles Schwab!
Thank you thank you thank you!
You so very welcome! Its our pleasure :-)
What they said. Thank you!!
Awesome info, as usual, this Family is an Example of Teamwork & Excellence
Thank you for your clear, positive tips - encouragement that it's NOT TOO LATE! Looking for a side hustle :)
Man you guys are smart!! Great advice!!
Thank you! You are awesome! 🇵🇷
Your channel is real
Thank you - so much!!!!!
Thank you for your videos & advice! Saving and budgeting used to be something I would always say "I'm bad at" - obviously just an excuse. With your positive and informational videos, I now can say "I'm learning how to be better". It's never too late to make the financial changes we want to see in our lives.
If I want to track my budget (investments, savings, debt reduction, expenses, etc) in an app so I can update it more easily, what app would you suggest?
Thank you and congrats on starting your journey! The Mint App is a great. We've used it for years and its been really easy to use. Check it out and let us know what you think. Thanks again! We are so glad to be on the journey with you!
@@OurRichJourney Thank you for your suggestion, I'll try it out! Do you have any concerns or hesitations with connecting such apps to your online banking or investment accounts?
@@OurRichJourney I've been using the Mint app since you suggested it and I'm really loving it! I like how it gives me a snapshot of everything I have - investments, bank accounts, credit cards, etc. I get to see my overall financial health in one location, helping me keep a better eye on it all. I've also been enjoying the goal setting feature; now savings is like a game and I see if I can beat the monthly amount to get to my end goal faster. Since it's a Intuit product and I already use TurboTax, I feel safer with Mint than with competitor apps. Thanks for you help! :)
This is very important thank u guys
You're very welcome! So glad you found the info helpful.
you both are awesome..keep up the good work going
Thank you so much!
Great video
EXCELLENT!!!! Thank you!!
Our pleasure :-)
I appreciate Any advice I receive.
Great video!
Thank you!
Great video both of you give awesome information and verification. It's never to late to save for your future. Love your channel.
Love this friends! I hope to be Fi in 12 yrs or less
Thank you! And Congrats on your FI journey! We are happy to be on it with you. ALSO....we have to say.....your hair style is sooooo beautiful :-)....AMAZING! Thanks again!
Valuable information
Thank you!
So positive!
Another great video thank you 🤗👍🏻
Thank you so much!
This is so true it is never too late to save, make right decision and invest.
Just keep focused on your goal and enjoy the journey to financial freedom. Thank you for providing inspiration to everyone. 😍😍😍
Exactly! Its is never too late :-) And thank you for the comment and kind words. It inspires us!
Just found you guys, im a new fan!!
If divorced, and part of your settlement was half of you ex spouses pension, check to see when you can start collecting that pension. On some pensions you are eligible for your part of the pension as soon as the ex spouse starts taking their pension...it’s not necessarily when you retire or at a certain age.
WOW! That is great info. Thank you for sharing and expanding the conversation :-)
It’s a shame the calculator only works if you have a US address. I couldn’t get past the first question! The rest of your presentation is also geared to citizens of the US (we don’t have the same plans in Canada) but at least with the calculator it should fundamentally work the same in any country/currency... if you know what you need.
Retirement funded > paying for kids college isn’t an emotional debate but a numerical one.
If you are financially independent in retirement you can afford to help your kids financially for the rest of their lives. If you don’t take advantage of compound interest and blow all your savings on kids education, they’ll always be financially taking care of you. You can still pay off a big chunk of their loans. Just do so after you’ve made at least some of that money in interest (plus won’t have to be a financial burden to them).
While you’re at it, downsize now. Having to go through a million and one old things after your parents pass can be a mountain of a burden in itself.
Excellent! Thank you for adding to the conversation!
You need to do another video for this same age bracket with people who do not have a home. Many of us will retire with out enough money or any money and we are not home owner please give advice.
My mom started late but she has been working hard these last 4 years to get on track. It has been difficult because she has to save for two people--her and her husband. He doesn't like to save.
Do you invest in dividend investing stocks?
Oh YES! Have you seen our stock portfolio videos? Check out our high dividend portfolio here: th-cam.com/video/VnipiKZZt68/w-d-xo.html
Here is our Vanguard Portfolio: th-cam.com/video/dYzOlqhV2zA/w-d-xo.html
Let us know if you have anymore questions.
What do you recommend for people with high debt , low income
Beautiful!
Do you think annuities are good?
Where can I get your book?
We began this path a few months ago. Great info.
AWESOME! Thank you!
I hear retirement accounts mentioned a lot, but what about those of us who are self-employed? What sort of interest bearing, tax deferred retirement account options are there for self employed folks?
I am not too fond of my 401k, since it's not matching. If I do will roll it over to Roth Asap.
Can you make a video on people in their 30s and have no savings?
Yes student loan is good and my child is going to take student loan for her higher studies by july, so I can save some.money from then. I have own house without mortgage and can give it to Airbnb.
Right on. Don't take on student loan for your child. Open a 529 account as soon as a child is born, start putting money away for their education.
Exactly. 529s also offer great tax benefits :-)
My grandbaby is going to be 1 next month and her parents want to spend almost $400 on BIRTHDAY cake! This is why our people jusy continue the cycle of poverty