Goodwork , keep it up brother

Nice Thumbnail Nice Edit Nice Script Keep up with consistency and you'll shine 💪🏻 #Rise&Shine

Great video bro. Missing that lamp though :D

Sometime it's worth it

👍

Thank you for the tip

Very valid. Plus, any time someone judges another person for not living lavishly or not wasting their money on unnecessary things, they are often projecting their insecurities onto them.

Based AF

Lekin mai toh Ameer dikhta bhi hu 💀

Buy a Toyota

Spot on! Great video, well done!

😂😂 good one

Amazing 🤞🏻✅

Amazing You Rock Prabha

Very good

Steve job ki baat to manni padegi 😂 Bhai ne bola karne ka matlab karne ka

Insightful ❤

Hey Prabha I am leaving this comment as your early subscriber and I know you will grow quickly. I really appreciate your content.

Loved it❤

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If you want to have a savings account, don't live in the years past 2019.

No way your finding rent for 1050 unless your renting a bedroom 😂

Rent is not that low! It's about 50% or more! What year is it where you are?

They got screwed by the ruling families and the engineered / planned market collapses

There will be no retirement for the next few generations. The government has siphoned all of our wealth to support the Baby Boomers.

Just subscribed!

बहार जाके घणी अंग्रेजी बोलने लगा और तो और एक्सेंट भी मरने लगा।

Kudos for making this, I'm just thinking how an average salary where I live is 500-1000$ and how this simply does not apply. Apart from the rent and car payment, all other expenses such as groceries, phone bill etc are pretty much the same, which is so wild to me because 90% of the population can only dream of having a 3000$ monthly income, anything above that would be right out laughable. I suppose by scaling it down to our standards, some of the tips you've shared could do the trick. Hope you don't mind if the comment came off a bit grim, I'm just a bit salty about living in a third-world country, nothing to do with you, keep up the good work!

Retirement savings are great, but you often have to pay taxes when you retrieve the money. Some firms also have rules to prevent you taking money away unless certain conditions arise. For example, I had 1400$ in FTQ one year, lost my job and had to wait 2 months before seeing any of it. As long as you remember that, they're genuinely great tools to increase your wealth

Stock market crashes, while unavoidable, present investment opportunities if you maintain a diversified portfolio. Diversification, which involves spreading investments across various assets, helps mitigate risk and enhances the potential to recover and profit when the market rebounds. This strategy allows investors to capitalize on market downturns by buying undervalued assets, ultimately leading to long-term financial gains. For example, if you had invested $10,000 in S&P500 index fund during the 2008-09 recession, today that would have become over $60,000. Which is why it's also necessary to have money saved up to capture these types of market opportunities.

Albert Einstein famously referred to compound interest as the "8th Wonder of the World" because of its remarkable power to generate wealth over time. He recognized that the ability of interest to accumulate on both the initial principal and the accumulated interest from previous periods creates exponential growth, making it one of the most powerful financial forces.

While bank accounts are safe and provide liquidity, they are not the most effective way to grow your wealth over the long term. Diversifying your savings and investments can help you achieve higher returns, protect against inflation, and ultimately build more substantial financial security.

Switching to biweekly payments can lead to significant savings in interest and a shorter loan term.

Viral hoga

A high credit score can save you thousands of dollars in interest. For example, if you get a home loan worth $500,000 at a 6% interest rate over 20 years, you'll pay $350,000 in interest. However, with a slightly lower credit score and an 8% interest rate, you'll pay $500,000 in interest for the same loan duration. This results in a $150,000 difference, showing how a high credit score can significantly reduce your interest payments.

Starting to invest early means giving your money more time to compound and grow. For example, if someone starts investing $500 every month at age 20 for 10 years, then stops, their $60,000 investment could grow to almost a million dollars by age 60 due to compounding. Conversely, if someone starts investing $500 monthly at age 30 and continues for 30 years, their $180,000 investment might grow to about $700,000. Despite investing more money over a longer period, they would still have less than the person who started earlier, illustrating the powerful impact of starting to invest early and letting compound.

This is what inflation does: it makes the same amount of money worth less over time. When you invest in the stock market, your money has the potential to grow faster than inflation. So instead of your money just sitting in the piggy bank losing value, it could be growing in value and even buying you more in the future.

Credit cards are excellent tools for earning rewards, cash back, and various perks, making everyday purchases more rewarding. However, they are among the worst options for borrowing money due to high-interest rates and the potential for accumulating unmanageable debt. This dual nature of credit cards necessitates careful usage and a well-defined budget, treating credit card spending as if it were cash. By doing so, you can enjoy the benefits without falling into financial traps, ensuring responsible and effective credit card management.

Investing in the stock market carries risks, especially for those hoping to get rich overnight. However, with a long-term perspective, it can be a powerful tool for building wealth. The stock market's short-term fluctuations can be unpredictable, but historical trends show that patient, informed investing often yields positive returns over time. By focusing on diversified portfolios and holding investments for the long haul, investors can mitigate risks and take advantage of the market's growth potential. Rather than seeking quick "little" gains, adopting a steady, disciplined approach to investing can lead to significant financial rewards in the future.

Saving $5 a day adds up to $1,825 over a year. If you invest this annual amount in the S&P 500, which historically grows by about 10% per year, your savings can grow significantly over time. Thanks to compound interest, where your investment earns interest on both the initial amount and the interest it has already earned, those annual savings can accumulate to a large sum. Over 35 years, this could grow to around $500,000. This shows how small, regular savings can turn into a substantial amount of money with patience and consistent investing.

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Impressive 🫡

When Jerome Powell, the Federal Reserve Chairman, merely says "good afternoon," the entire stock market holds its breath.

Nice 👍

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Nice ! Best of luck,god bless you.

Extremely informative content