Here’s Your Year-Long Guide To Financial Stability

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  • เผยแพร่เมื่อ 18 พ.ค. 2024
  • Financial stability can put you on the right path. But where do you start? Lauren Lyons Cole, a certified financial planner and senior editor at Business Insider, lays out a year-long guide to gaining your financial freedom.
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ความคิดเห็น • 75

  • @crypt4519
    @crypt4519 6 ปีที่แล้ว +35

    This is the only video giving a realistic advice on money for common man. I am a professional accountant and I do many of these things for my personal finances (and then some more). It does work, and not really difficult.. really cool video.

  • @alexrene7397
    @alexrene7397 3 ปีที่แล้ว +9

    I love the fact you specified that this is not a get rich fast scheme. I don't know who needs to hear this, you've got to stop Saving money. Invest some part of it, if you really want financial freedom.

    • @makaylasaffell2602
      @makaylasaffell2602 3 ปีที่แล้ว +3

      It's always for crypto Investors to venture into trading because it's only by trading crypto majority can survive bearish periods.

    • @anthonypeterson7873
      @anthonypeterson7873 3 ปีที่แล้ว +1

      I think Bitcoin is moving to the next level, it's a wise decision to buy and trade bitcoin, you can't afford to miss out.

    • @makaylasaffell2602
      @makaylasaffell2602 3 ปีที่แล้ว

      @@anthonypeterson7873 Apparently that's true, I agree but it can also be disastrous for newbies or any one who doesn't adhere to a well thought-out strategy and over all, a professional broker.

    • @whitneysmith4550
      @whitneysmith4550 3 ปีที่แล้ว

      @@makaylasaffell2602

    • @whitneysmith4550
      @whitneysmith4550 3 ปีที่แล้ว

      My advice to anyone going into crypto currency trading is to get your self attached to a broker who will make good returns on investment.

  • @desflores5157
    @desflores5157 6 ปีที่แล้ว +4

    Great video! Please continue to make more videos like this👍🏻

  • @hayman122
    @hayman122 6 ปีที่แล้ว +134

    This is just money management. That's not the hard part. The hard part is actually making the money

    • @dhv2852
      @dhv2852 6 ปีที่แล้ว +10

      Danielmeir you'll be surprised how useful this can be

    • @anmnou
      @anmnou 5 ปีที่แล้ว +4

      Exactly...everyone blames themselves but really it is impossible for most to make ends meet with the discrepancy between pay and costs of living, no free health care or affordable education in this USA. I guess...try harder??

    • @stefanmitrovic973
      @stefanmitrovic973 4 ปีที่แล้ว

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    • @mariaportugall1933
      @mariaportugall1933 4 ปีที่แล้ว

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  • @ericsooy5430
    @ericsooy5430 ปีที่แล้ว +1

    If you're a single dependent, working in a restaurant is the best way to cut food cost . Low waste sustainable living . Hydroponics . Reduce and reuse rather than recycling everything . Going through this now and that's what I've learned .

  • @StudioVegan
    @StudioVegan ปีที่แล้ว

    Thank you so much for this !

  • @BAdventures
    @BAdventures 3 ปีที่แล้ว

    Good quick guide and walk through 👍

  • @worldsnetizen2035
    @worldsnetizen2035 6 ปีที่แล้ว +4

    Thanks.

  • @thanhdinh3179
    @thanhdinh3179 6 ปีที่แล้ว +7

    Hopefully the only thing I have to worry about is college debt

  • @stomiball889
    @stomiball889 3 ปีที่แล้ว

    Very informative

  • @littlestrawberry944
    @littlestrawberry944 5 ปีที่แล้ว +16

    Right now im at dead 0$ living at my moms house with no car and no job i have some student loan debt and also some stuff in collections

  • @BAdventures
    @BAdventures 5 ปีที่แล้ว +2

    Good practical education. Your average person does not get the finance or business education. Discipline and consistency get results long term results.

  • @AkoKyle
    @AkoKyle 6 ปีที่แล้ว +1

    "checking acc should always have double your paycheck"
    double annual or monthly?

    • @MidnightH3ro
      @MidnightH3ro 6 ปีที่แล้ว +1

      Ako Kyle I think monthly, that's the most realistic

    • @Oceansta
      @Oceansta 6 ปีที่แล้ว

      Monthly. But you're right. She should've been more specific.

  • @harshahirwar6147
    @harshahirwar6147 3 ปีที่แล้ว

    Loren! Have you run a business before

  • @cassielmartinez1580
    @cassielmartinez1580 6 ปีที่แล้ว +6

    Is it possible to have a nice life with no debt at all?

    • @twdjt6245
      @twdjt6245 6 ปีที่แล้ว +6

      Cassiel martinez sure it is..if you have a good paying job about dont waste money unecessarily. The key is living below your means.

    • @foford2010
      @foford2010 6 ปีที่แล้ว +2

      You should watch Dave Ramsey on TH-cam

    • @jahangirisameer
      @jahangirisameer 6 ปีที่แล้ว

      Yes my father has done it. You just need a good job by working hard and hustling and try to never ever take loans on anything (student, mortgage etc.) also don’t really use a credit card. Play with the cards your dealt.

    • @Jessi-44
      @Jessi-44 4 ปีที่แล้ว +2

      Not all debt is bad debt....

    • @bmm3182
      @bmm3182 ปีที่แล้ว

      Yeah it is... Just practise delayed gratification and learn how to live below your means.

  • @frankchua9276
    @frankchua9276 6 ปีที่แล้ว +3

    Second

  • @DeeFitnessLifeBze
    @DeeFitnessLifeBze 6 ปีที่แล้ว +1

    5th

  • @azndude963
    @azndude963 6 ปีที่แล้ว +8

    Bank of America already does all this for me. They even give me a yearly report of what I buy on my credit card

  • @smyrnasstory
    @smyrnasstory 3 ปีที่แล้ว

    “The plans of the diligent surely lead to success, but all who are hasty surely head for poverty”

  • @80spurple13
    @80spurple13 6 ปีที่แล้ว +1

    4th

  • @kelvinpang438
    @kelvinpang438 6 ปีที่แล้ว

    26th

  • @elstonmendonca88
    @elstonmendonca88 6 ปีที่แล้ว

    Save for retirement and earn 5 percent and pay interest on debt at 15%

  • @filmthebest
    @filmthebest 6 ปีที่แล้ว +1

    7th

  • @StemusSimulSolus
    @StemusSimulSolus 6 ปีที่แล้ว +2

    6 god

  • @edwardius1623
    @edwardius1623 6 ปีที่แล้ว +1

    Third

  • @jerzs1363
    @jerzs1363 6 ปีที่แล้ว +38

    Do people really not know this? It all seems so simple so why do they pay CFP and financial advisors for all this info? U gotta be a psychologist to help people fix such bad habits like excessive spending...

    • @razanejahjah1692
      @razanejahjah1692 4 ปีที่แล้ว +2

      Although this information is so basic, yet weirdly enough, a big number of people don't know them. They just randomly spend every penny they get

  • @LifeCinemaHD1
    @LifeCinemaHD1 6 ปีที่แล้ว

    Yeah...... I'm 18 and this is all fucking logical. It amazes me that adults can't comprehend such basic concepts.

  • @davidsilvarz
    @davidsilvarz 6 ปีที่แล้ว +2

    first

  • @davidsilvarz
    @davidsilvarz 6 ปีที่แล้ว +2

    fisrt

  • @tehscrub1
    @tehscrub1 5 ปีที่แล้ว +1

    hahahahah

  • @jonathanellis7758
    @jonathanellis7758 6 ปีที่แล้ว +1

    Shes bad😛

  • @anmnou
    @anmnou 5 ปีที่แล้ว

    Why are there subtitles? We are broke, not stupiiid....

    • @anmnou
      @anmnou 5 ปีที่แล้ว +2

      Oh Oh, I know! It is so we can turn off the sound and get the info without having to listen to the vocal fry! Thank you!!

  • @MS-gl5mg
    @MS-gl5mg 6 ปีที่แล้ว +2

    nothing to see here, guys. just another commercial.

  • @corullo9827
    @corullo9827 6 ปีที่แล้ว

    What about increasing your income a double, or a triple or 10x, what about if you earn instead of 1k a week, earn 10k week, spend the same, debt is not the problem, spending is not the problem, you already broke already spend the lest amount you can, better figure out how to get more money

    • @wiseman4160
      @wiseman4160 4 ปีที่แล้ว

      Good comment, but lots of people just spend more when they earn more and have more and still live paycheck to paycheck.

  • @KaitlynMcCary
    @KaitlynMcCary 5 ปีที่แล้ว

    I can’t even finish the video with her vocal fry

  • @TrueWalker88
    @TrueWalker88 3 หลายเดือนก่อน

    This wasn't helpful at all. it was just basic knowledge that everyone knows. How do you get stable when you're already doing everything you can but your expenses are growing faster than your income?

  • @aaroncupp7229
    @aaroncupp7229 6 ปีที่แล้ว +1

    Ok.. seriously.. enough with all the hand motions.. it almost made me sick. You have a pretty face.. stop taking attention away from it.

    • @anmnou
      @anmnou 5 ปีที่แล้ว

      It is to distract from the vocal fry, I am sure....why do women do this? It is so off-putting!!

  • @amarmot3635
    @amarmot3635 6 ปีที่แล้ว +7

    Her vocal fry is so unpleasant I can't listen. She needs a voice coach.

    • @Thatoneguykid
      @Thatoneguykid 6 ปีที่แล้ว +1

      that wouldn't be a good thing to spend your money on since she's an editor

    • @jupena
      @jupena 6 ปีที่แล้ว +5

      And that's exactly what's keeping you from being rich.