10 Signs You Are Pretty Smart With Money

[@ChristianLopez-rt2vd]

I hope you see this but thank you for making me financially literate. I just graduated college and have no debt and was unsure how to navigate my finances, all I knew was I wasn't good but ur videos help me understand the power of Roth IRA and I have been able to save 6 months of expenses, have fun on a budget, say no to bad investment/waste of money, and invest for my future. I answered yes to a lot of what you talked about today and it's bec of you, the best and few finance channels one can trust on KZbin

[@monikalenz2559]

Economics was my favorite college course and got me started investing. Money management should be taught in high school with simple arithmetic models that pertain to real life such as how much it cost to drink Gatorade vs plain water with a teaspoon of sugar and a squeeze of lemon, a daily Starbucks coffee vs making your own at home, or what the average person spends on haircuts and how much those dollars grow to over time in an unmanaged index fund.

[@johnnyoboy777]

The army planning compared to financial planning was badass 😎

[@cashflow68]

Thank goodness for financial channels like yours on KZbin. My circle of friends and relatives have no interest in money. Its funny you mention when I hear people talk about asset allocation out in public, my ears do perk up. Someone who is speaking my language. Keep up the great content. Subscribed!!!

[@HermanOberg]

Stocks are rallying but I know better, macro shows the economy is yet to recover. I been holding stocks to sell at a profit at this time but it is looking like a bull mrkt the rest of 2023. I am in a fight to hold or to sell. I’m up to 297 grand frm a low of 250 thousand last year.

[@bradlucass]

Im looking to move from LA to Bakersfield. According to Redfin comps in area are 300k but property we are looking at is 450k should we go ahead to buy now?

[@jiyadavi]

​@keralakora Great share! inputted ladys full name on my browser, at once spotted her site top, she looks great at first glance. will wait to hear back from her or her team.

[@FloriKrueger]

If we are being honest with ourselves, taxes may be a major pain, just like they are for the wealthy. Taxes on income, goods and services, real estate, etc. It's wonderful to pay taxes, but we may also establish our own tax havens. Since stock market appreciation is not taxed, I personally invest most of my money there. When I sell, though, I discover ways to make the profit tax-deductible.

[@EricaClapton]

​@@FloriKruegerTo determine the right decision for you, an adviser will gather your financial information and ask questions about yourself. They’ll analyze your current financial situation and determine the best place for your money. We consult with a planner, Kayla Tabitha Rodrigues , all the way from WA, she is in NY, but is licensed to operate in most states. You can research her. She is always one phone call away. Till date our money is doing well in the markets despite the turmoil, we are fully invested in the markets with mostly defensive strategies all under her guidance.

[@ianmaem]

Thank you!!!! I needed that validation

[@matthewharrigan3568]

Risk parity radio is my favorite investing podcast. He has taught me so much. Plus he's entertaining

[@AmericaRevere]

binge watching your videos!

[@stevep5736]

Thank you Tae ! Excellent video, very helpful.

[@johnchan9392]

Gamify Money is something my sis and I talked about yesterday when traveling to the mall. We adopted a fellow smart KZbin watcher; for every Tesla car we see when driving and being out n about, we will put 1.00 into the TSLA share fund. We might do this addition, for every Model S, X, and Y, it’s 2.00. Being in the largest city in Canada, we may go broke in “cash” very quickly, as there are tons of Tesla cars on the road. Another one may be grocery purchases that are not on sale, we will price match toward shares of that grocery (parent) company. The reciprocal could be all savings from sale purchases will go to that parent company. 🤔

[@przemszat6501]

Thanks Tae! As always a good material

[@jeffyoung8047]

Thank you so much Tae! Thank you for your service.

[@carolannstevens5814]

I LOVE watching your videos! I am learning so much! Thank you for your service in the Military. We are a big Military family.

[@williamherrick497]

Good topic - Good presentation of material - typo in title should be "10 Signs You (not your) Are Pretty Smart with Money" - Former Newspaper employee can't unsee typos - Be Well

[@me0101001000]

My experience 01 I do find it very interesting. And as someone who really loves games, I turned it into a game, with an achievement diary, quests, and miniquests. And naturally, being a completionist, I'm getting through it bit by bit, really enjoying the journey. 02 The plan is a component of the first. Every good game has a map with places that are safe, and places that aren't. So I'm trying to conquer the safe parts for myself before I do anything too dangerous. 03 Again, it takes effort for me to not strike out and explore the dangerous areas with traps everywhere. So far I've managed though. 04 This one was a bit easier for me because I have friends who studied economics and business, who were happy to share their notes and books. I'm a voracious reader, so I pounced on this. 05 I'm not so good with this one. Like any fun game, it's addicting. The rush of seeing assets appreciate, dividends being paid, it's so much fun. So maybe I fixate a bit too much. Frankly, I'm like this with everything I find interesting. 06 I'm pretty comfortable applying scrutiny to different kinds of plans, and I also welcome scrutiny to my own. The "perfect plan" is something that A, does not exist, and B, is a sign that it has never been fully tested. 07 I can answer MOST of my questions. There are always gaps in my knowledge which I am trying to fill. And if I need to reinforce my knowledge, I have no problem doing so. 08 Oh, how about that, that ties into the previous point perfectly. Still learning, still growing. 09 Amazing, also relevant to the last two. Yeah, I always ask myself if I learned something new at the end of each day. I'm thinking about upgrading it to learning something new about a list of things each day, just to keep my growth in all aspects alive. 10 I want to be a professor. Teaching is my foremost passion, and I want to do it for the rest of my life. Cheers, Tae! See you next week, mate :)

[@rc....]

you are pretty good with your hair

[@jadelightsword]

One big happy life, I really like the message here on personal finance

[@jehan9]

Ayyye!!! I didn't know you were in the Army!!!

[@era-FP]

Thank you ! I’m 7 out of 10 😊

[@alexanderlyon]

This is great. Financial literacy rates seem to me to be really low. I'd be curious to know the % of Americans who even understand what compound interest is in practice. We don't need a video on that. I'm just wondering to myself. I'll bet less than 20% of adults would know how to calculate that (or have ever used an online calculator that does it for you). UPDATE: I just looked it up and only about 1/3 of Americans understand what it means in theory. I'll bet that number would shrink significantly if they were asked to do even a basic, hands-on calculation.

[@yvonneachieng6742]

I think most of us watching this would fail the 'obsessing about money' - including Tae himself 😜

[@BlackoutBill270]

New subscriber, appreciate all your videos. Great content!

[@ruslanaemelyanova2547]

Thank you! I like you channel very much!

[@stevenpace1849]

The public library is a great source for financial information. Here in Chicago, card holders get free access to Morningstar, Motley Fool, and Value Line investment information. We also get free access to the Wall Street Journal, Barrons, and the New York Times. And, of course, books. Everything I learned about Warren Buffett, I learned from the public library.

[@ricardoe.jaramillo8871]

Thank You!

[@kbeestube]

Unbelievable video. Thank you.

[@NBAyyy]

Tae, sometimes I make mistakes and lose money on a missed flight or overpriced course I never use etc. When this happens, I usually sort of beat myself up about it and try and scrimp until I "make it up" in my mind. I know this is sort of unhealthy, but I'm not sure how to better approach it. Can you make a video about dealing with a financial mistake mentally and emotionally?

[@matthias2614]

Excellent vidéo ! Have a good day from France !

[@qtube173]

I love this channel just picked up the richest man in Babylon can’t wait to read it ! Keep it up Tae!

[@jonathanng2502]

Man I love this channel!❤

[@jeridashabanllari7550]

What are your thoughts about Palantir stock?

[@aaron___6014]

This is too focused on money, which is where I was 10 years ago; low salary but obsessed with early retirement and finances. Now that I make almost five times more, I still act as if it were 10 years ago thanks to this mindset I adopted. Listen to the iced coffee hour with Bobby Lee, and wake up. People need to live rather than worried about money non stop. If you want to enlist do it. My dad is the same way, retired yet can't break the cheap ass mindset. If I had joined the military I would have been better off, but the GF at the time (who was enlisted) said don't.

[@loft27ss]

I have watched retired people with 4 owned properties plus 10 mln in they assets but so cheap and greedy. Constantly winging Narsisist, it is never enough for them. That is a mindset- poverty mindset. Probably the fact that it was inherited money, they didn’t build that wealth. Those kind of people end up dying lonely as the greed has consumed their souls….no one wants to be around them….😢

[@peterl2767]

Awesome 😊

[@reginaguevarra547]

Great videos😊

[@vincewoo3415]

I checked all except #5: obsess about money.

[@ellenoir5678]

Coach TK good morning

[@DustinSanchezTV]

Love your Channel and site. What did you do in the military?

[@317MaseX]

Wow I actually check a lot of these boxes

[@peternguyen1911]

Great video but please edit to “You’re“ in the title

[@Rich-rd1ge]

Your sleeping son. Arbsolutely hilarious 😂

[@Nick_Nightingale]

Hi… you have the wrong spelling of “you’re” in the title of your video. Other than that keep up the great work!

[@JuancoPRoFlow]

Perpetual line stepper 😅

[@pukaman2000]

Saying money is just a tool is misleading when working at the poverty level. A lack of money causes stress. One must meet above a survival income to reduce this stress or the despair contours your mind. (Stress will kill you before McDonalds does.). A study done on win-lose games: a person will refuse to play a game if they have more than a 30% loss. Basically, you had better dole out a win to your opponent or they will not engage in the sport, game, community or economic society. Media has been misleading our public for a while now. Ever since Dallas, Beverly Hills 90210, Fresh Prince of Belair, et al and then now with the advertisement of get-rich-quick schemes like house flipping, pawn shop wars, and travel documentaries and sports players contracts stating how much they have made leading to envy. In reality most people that try these occupations fail. People are starting to see through the lies and now are refusing to play. If everyone does not play, then the model will not work.

[@pukaman2000]

What I am saying is that the Middle Class is necessary and yet from a source that I listened to this morning with Bill Moyers and Paul Kruger it was stated that 60% of the United States proceeds went to only 1% of the population. This does not sound like building a middle class to me. We need to work on making winners of everyone which is why I like your advice. Slow like a pro.

[@lukerosa]

Haha,no way! You were in Broadway :D

[@davidglad]

Your videos are way more sophisticated than a talking head like Graham Stephan whom I outgrew years ago. As for your points, #5 obsessing I've been somewhat guilty on that front. Otherwise psyche/"gamify" I show mastery of and personally take a corporate finance discipline to my situation: invest in assets that appreciate in value at an adequate rate, only carry debt if it's a 0% purchase APR offer (usually accompanied by a bonus spend offer) on a cc I fully intend to pay the balance on before interest can be charged. Not for everyone, but they're only essential expenses. PS while everyone focuses on sticker shock of Starbucks/etc for why they warn of the impact it has on your finances, it's also time out of your day spent either going there or through a drive thru.

[@soapa4279]

The only comment I have is the "herd mentality" depending on what perspective. People need to be careful and not listen to the Dude Bro Financial advice on social media platforms just to appear different, but telling you crap like 401K or ROTH IRA is useless and join their "Make you rich" university or MLM.

[@edt9564]

I fail, i certain obsess about finance

[@nicstevens6499]

Not letting you kid drink Gatorade... oh boy...

[@70qq]

🤘

[@Jb-sv5mw]

Heard mentality is why a lot of people are allowing the government to have full control over our lives. Easily the worst thing people could fall for

[@veritas3179]

Hahaha, cute boy.

[@yeetchu_1489]

2nd!!!!

[@johnmcquaid7524]

1st!!

[@highbrass3749]

You lost me at the New York Times. That’s 100% political. No reasonable journalist there.

[@HN-db5cn]

I was thinking the same, that newspaper is such a scam, I don’t do news or news media