You have some good advice.

It’s not a good time to buy a car, the car price has gone by 10k on a average post Covid also interest is around 4-6 percent APR on a reliable brand like Toyota or Honda

I don't see how used cars are going to have a rebound in the next...3 years. I mean the FED hasn't pivoted yet. When they do it may be 18 mo before the economy bottoms and starts to rebound. My 09 WRX is in good mechanical condition and nobody wants it. I think were stuck in these cars for a while. Hopefullyou You make $200k + a year if you're buying cars for 6 figures with debt! If everyone is as levered as you are we are in for a real crap storm!

Always keep in mind the amex family welcome offer language, apply from low tier to high.

This is high quality advice. Video production is amazing too. You’ll be at the top soon sir. Subscribed.

Mindset is key

The number of rich people that keep a mortgage around is precisely zero. This guy is an idiot

I've been doing a little of both on a 3% loan by adding extra a month to the mortgage towards the principal and the rest into a money market account. Then chunking the payments (10k) with the extra interest gain with the account. I find that chunking works better since the daily compound on the mortgage. I might recast after paying off 30k to reduce the monthly cost. My goal is to increase cash flow so I went with a 30 year mortgage just to give me wiggle room.

The underlying message of the video is good but a few things make me cringe a little bit. If you were taking your own advice to heart, you would have a 30 year mortgage on your property which would minimize the amount of money you are paying towards your house and maximize the amount you can invest especially since the interest rate is so low (but this isn't a huge deal because everybody's risk/reward tolerance is different). The same thing can be said about the bi-weekly payment plan, an extra payment is exactly that, an extra payment that you can't put in the stock market. I also believe there are 2 types of bi-weekly payment plans, one of which makes absolutely no difference, where the other adds that extra payment (I believe it's called accelerated or something like that). I'm from Canada so it could be slightly different from the US.

Good video

Good advice if you have money ... U cant buy real estate realistically nowadays, and having a debt cap at 20-25% is also unrealistic

Greece had this problem

The moment my money loses its value, the value of my weapons and armor.... or rather how I UTILIZE them as leverage skyrockets. We warned you guys, we told you not to go full commie dem. We told you to get prepped and learn skills. Now you will just be a supply run for me.

Thank you for discussing what happens in a currency collapse

I'm surprised the numbers are as low as that - because surely the people in their 50s will include a lot of people who bought their home. This is assuming assets includes your primary residence (less outstanding mortgage). I have a pension that's doing reasonably. My wife has a couple of small rental properties (one paid off, one still with a mortgage - although only a couple of years left). We're in our 50s, probably retire in a few years...

Started 401K (5% match) my second paycheck out of college. Did that for 34 years and retired at 57. I also had a pension. NW $3.2M now. I was more of a saver instead of investor. Almost 64 now. Started working at 13 also.

it's called "tax avoidance" or "tax mitigation" and its legal. Tax evasion is illegal

9:28 a good Video on how to change the MINDSET of saving would be awesome, some people are in the same 10 year rut because they can’t change their mindset.

5:06 we just hit 100 trillion in our US debt…. That’s not a real number

Goals 1000$- 4000$ 10,000$ After 10k you can start putting all extra money into building wealth. Buying assets like precious medals, stock investments. A new car, when you can afford it.

I always find summertime is the time of spending money

Summertime= AC issues. More driving so car issues.

2:33 avoid Credit One.

I needed this, started at a 513, got to a 610, got approved for a credit card…. Currently I’m using it only for gas…. Orrrrr I just bought 4 oz of silver on it. I’m only putting like 100$ on the card and paying it completely each time.

To the casino!!

This is all great advice but I find after all this saving prep there's nothing left . I have to put money away for annual car insurance I have to save for kid Christmas for most of the year I have to save for emergency car repair fund I have to pay for the car itself....the list goes on .I never have anything left to ENJOY! Working is for suckers it's all rigged.

6:59 luckily never had a payday loan. They hit you for like 150% interest, or even more

Have a meeting Thursday to set up my Roth account

Just recently started budgeting the last few weeks, started money stuffing, and even am getting my credit fixed, life doesn’t need to be that stressful. No serious debts currently, just a truck payment that was given to me by my father. But it’s not bad. Thanks for the advice, all advice is necessary, it’s the conglomerate of information that makes it good. Sometimes it’s all the advice put infront of you and choosing what works best for you.

Whatever is left at the end of the week we put into our savings some weeks its alot other weeks its nothing depends on what comes up that week last week had pay 420 dollars to get my phone fixed an 220$ for eye exam an glasses. So that was 600 some dollars we would have been able to put away for that week

What managing money is not leveling up at all!!!! Can't make up for what one does not make hello...

Suggestions on setting up a Roth IRA would be appreciated. I’m a self-employed contractor looking to start investing.

Yawn! You sure love to talk about yourself a lot in the intro. Douchebag!

Not much spending money left these days. But nice to see these channels and dream

Rolling negative equity into the next vehicle at these high interest rates is insane. Buy used, pay cash if possible.

First time viewer, good job on the video, great speaking skills and clearly know a lot on a wide range of financial aspects of early retirement plus motivated to retire early. As someone who retired at 40, I like checking these types of videos to test if my Financials will last but I feel the video was vague with no clear examples or strategies, I would recommend focusing on the topic how to determine the correct (ballpark) amount of money to retire. You could of even used your mom as the example, does she have enough? Or is it the case of one more year even though she clearly does (or does not) have enough money? You could even direct the viewer to a call to action by using a calculator you've created or one you like to use. Just some constructive feedback, keep up the good work!

Excellent advice. A word of warning: *American Express* email alerts and statements are not reliable, so if you normally don't keep a balance and depend on alerts to pay... you can find yourself overdue. They will remove any late fees as the failure was theirs, but the damage to your credit score will already be done.

Just got the brilliant for personal and the business marriot one. We also have the time share so it allows us to more points on the maintenance fees as well. For our life we will get our moneys worth.

I love this video. Adjust and live within your means.

Great video. I started watching your videos last year as a beginner before giving stock and crypto market a trial. I was able to make $17,300 in one month with a capital of $4,000 trading with an experience expert who guided me through out my trading.

Love this video, really good editing, quality and advice. Definitely an underrated content creator

Great video. Is it possible to downgrade the Bevy into the $95 annual fee Amex Bonvoy Card after a year?

So much great insight. Leasing feels cheaper but thinking only on a monthly budget is a broke mindset

This was such a well made video. So concise and inspiring to live below your means. Keep up the good videos🔥🔥🔥🔥

Would love to link up. How were you able to shift your military mindset into entrepreneurship?

I can't see the point in throwing money away on something you never own. Buy a banger and when something expensive goes wrong scrap it or sell it on. I would rather own a banger and have 50 grand in the bank than own or lease a 50 grand car.

Wonderful video. Thanks for your insight knowledge and knowledge. Thumbs up 👍

I’m 22 yo and I just got approved for my first credit card and I’m only utilizing less than 10% of the limit. I love videos like this thank you.

Cool vid

Hey KC, Question: I have a car that was repo'd back in 2016. It is listed as a charge off. The amount is $5312. So do I pay it back or do I wait for it to fall off my credit and will it fall off???