Why Everything Changes Once You Save $10K

[@ElAgustin]

If you're not from the US, what's a $10K financial milestone in your country/currency?

[@georgeslecarboulec2325]

Really ?...in México if you has it ...RUN !!...before sh1T happens. And isn`t over yet, there she comes....and is worst than the lady who inspired EVIL WOMAN from ELO.

[@tancreddehauteville764]

In the UK it's equivalent to £7,872. That's not much at all - for me, it's less than two months of take home pay (OK I have decent job in IT). I had that saved when I was around 27 years old, in 1994. Now, thirty years later, I've saved up 100 times that amount (savings + pension fund). 😀

[@charleschucksantos]

586,150.00 peso

[@georgeslecarboulec2325]

@@tancreddehauteville764 smart man. I`m no t like you, unfortunately. Congratulations and blessings.

[@tancreddehauteville764]

@@georgeslecarboulec2325 I wasn't smart as a kid. I got a useless arts degree and goofed around for a few years until I got my first job in IT. The rest is history.

[@DavidLucas-so8rr]

I've been regretting not investing in stocks all this time, but I'm still grateful for having kept my money in the money market. With around $200k maturing soon, I'm planning to invest in the stock market. As a newbie looking to safely grow my money, what stocks should I consider?

[@EthanBrown_23]

Consider exploring energy stocks, as they are poised to be significant beneficiaries of advancements in AI and data centers. Additionally, practicing Dollar Cost Averaging (DCA) into a reputable ETF could be beneficial. It's crucial to prioritize patience and maintain a long-term perspective. Most importantly, seek financial advice to make informed buying and selling decisions.

[@Bridget-l7p]

Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.

[@Bako-b8j]

You appear to know the market better than we do, so that makes great sense. Who is the coach?

[@Bridget-l7p]

"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

[@RobertBrown..]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@lianalonge1984]

When I saved my first $10K, it inspired me to save EVEN MORE‼️Saving has become an addiction now! 😁

[@GoofyTea]

Same here!!! How much do you save a month???

[@ismaeljrp1]

@@GoofyTeadon’t just save. Invest and diversify wisely.

[@CCP-pb5ss]

i feel you..but then we realize..the way this financial system is setup..if we just save..w/ inflation & taxation & printing..its better to take some chances to grow that shii than let it sit..1. invest in yourself..your ideas..your business..2. invest in sure things

[@bossmanbossman4569]

Going from less than 1k to 10k was a fun journey. Hitting the 10k goal was more exciting than hitting the 50k goal or the 100k goal. Maybe u ask, how can that be? How can reaching 10k be more exciting than reaching 100k? 10k was like the first time u dunk the ball. Or first time u bench 225lbs. After that , dunking and benching 225 are just normal things that u do now. We are more excited when our child takes their first step. After that it just becomes normal. 10k was my first step.

[@dral22]

It's a good addiction 😊

[@TeresaLiam-z1o]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@Michelle-Bennett]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@Ben_Jacques]

Certain Ai companies are rumored to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

[@LeylahCollins]

This is all new to me, where do I find a fiduciary, can you recommend any?

[@Ben_Jacques]

My CFA ‘Grace Adams Cook’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@LeylahCollins]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@Soni-oj5kr]

there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal

[@eyeseev1]

My former boss was making 500K/year yet he had a debt of almost 10M. I was making 40K but had 15K in savings. The business eventually went bankrupt. But I had more than enough cushion to survive for 6 months while looking for other jobs. It's funny how money works. It's not about how much you make but how much you save.

[@erikbouma9408]

It’s about having no debt. Saving a little money is just getting destroyed by inflation. ETF’s on the longrun is far better.

[@s.jentsch3486]

Yes, it s all about how much you save !! Maybe in ETF S .... S n P 500.

[@heedmywarning2792]

playing checkers: "how much money do you make?" playing chess: "what's your debt to income ratio?"

[@escapeartist1237]

@@heedmywarning2792playing no games:

[@hc1616]

Exactly business goes bankrupt even if they made billions and millions. It’s not really a concept most people will understand until they get into debt and out of it

[@E.GCreates]

Just reached 21.000 after 1 year of savings and now 3 months of steadily investing in ETF. Can't wait to reach 100k. Zero debt , zero credit card ever. Piano teacher

[@phyllisburtonhearsawho]

First hit $100k in early 2020, that covid dip really hurt at the time. 4 years later that dip is barely noticeable on the long term chart and we are well over $300k with increased contributions in recent years. Keep grinding out there! ABB - Always Be Buying!!

[@GregMerchant]

I deal with an investment advisor for this reason. I currently have over $70k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons under guidance. Our current project for this year is a more concrete ballpark target this year. Credits to my Fa Abigail ryan ann

[@Clancysoucie]

hello, How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@Clancysoucie]

Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

[@ceifulr6]

You should probably have a credit card anyways just to have a credit account, if you don't it'll bite you in the future on Mortgage, and auto loans

[@Juliaa__T]

I'm $800 away from saving $10K which was one of my financially goals this year!

[@callmeNeno]

Congratulations

[@jeonhanpark95]

Good job y’all!

[@shialemonia8279]

Me too we could make our first 100k together 😉

[@revolution94ful]

Good job! Make your next goal $20,000

[@TheMeanGirlz]

@@revolution94fulshu du helap I’ll take det money.

[@bthomas50]

I am less than $500 away from 10K in my savings. It's not a lot of money but it does take the stress off my plate.

[@ElAgustin]

Definitely!

[@stephenbrown6041]

Everyone in 2024 with the cost of everything today 10K a good start…Honestly more like 20K today needed for(mental health insurance) with an EMERGENCY FUND that should be what it is for an emergency only deposited in a high yield savings account minimum 4.5-5% interest rate.

[@Tune2dis41]

It’s a start that’s awsome!

[@Philippinesbound42]

Congrats

[@watchmethriving]

Way to go!

[@tonysilke]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. Investments are the roots of financial security; the deeper they grow, the stronger your future will be. I'm planning to invest about $200k of my savings in stocks this year, and I know I’ll make profits.

[@Nernst96]

You are right. The best approach I feel is to diversify investments by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@PatrickLloyd-]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@PhilipDunk]

@@PatrickLloyd- Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

[@PatrickLloyd-]

Finding financial advisors like Sophie Lynn Carrabus who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@PhilipDunk]

I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

[@planetmommy8168]

Glad I have $80,000 saved. Also just paid house off. Huge relief!

[@lana.creates]

Wow! Congrats!🥳

[@bskinny9009]

I have $40K saved and no mtg and still feel like I need to work.

[@razorsharplifestyle101hard9]

i will have 900k in my retirement in a few years.

[@johngray3449]

You'd be better off putting some of it into real gold bullion, that goes up with inflation and is real money when the S hits the fan.

[@JaggedMercenary]

How the HELL can anybody buy a house nowadays?

[@officerx5934]

Age 55. Pharmacist. Worked for chain pharmacies all my life for a pay check to pay check life. You heard right. Professional pharmacist lived pay check to pay check life. But no longer. Currently own a successful small business (pharmacy) for last 10 years. Paid off mortgage, paid off cars, no debt, 1 ivy league grad daughter debt free. Raising 2 more kids. Praise be to Merciful God.

[@Longlostpuss]

You lived the vast majority of your peak years worrying about money though, that's surely a regret? You might have the money now, but you don't have the youth and energy you once had to actually enjoy it. Your health is on the decline slowly past the age of 35 and then it's rapid after your 50's.

[@themayhemera3046]

alhamdulillah

[@inc0de]

Sounds like you worked roughly 20 years for chain pharmacies, not your whole life. If you had student loan debt, it likely took you 10-20 years to repay that on top of working so it's not that surprising that you were living paycheck-to-paycheck. Those early years out of college are essentially buying necessities while also building equity. In my experience, the people living paycheck-to-paycheck is less about their income and more about their inability to budget or control their spending habits.

[@jacqueslee2592]

Wow. You paid your daughter's tuition. It is better to teach your children that they need to pay for themselves and work for their tuition once they become adults. I wouldn't accept my parents help even if they offer it as a man. I would never call myself an adult and a man. This is why today's young adults delay their adulthood because they still depend on parents.

[@Kazuya68530]

​@@jacqueslee2592 lol what à shit ass mentality. In my country collège is free and no one ask who's gonna pay for this. Simple as this.

[@Raniyanhunter]

I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $750k. before I turn 60, I would appreciate any advice on potential investments.

[@garnold-l5p]

I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

[@Mlanderos-t9e]

Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@Anessa-gibson]

That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?

[@Mlanderos-t9e]

My CFA, TERESA L. ATHAS, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.

[@Anessa-gibson]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@OwpunRiplys]

I’ve been diligently working, saving, and contributing towards early retirement and financial freedom, but the economy so far has caused my portfolio to underperform. Do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[@MarieLegrand-p7z]

Yes to advisory service; my portfolio is well-matched for every season of the market and recently hit 60% rise from early last year to date, summing up approx. $3.1M ROI. I and my FA are working on a 7-figure ballpark goal, though this could take another year.

[@AlbertiniCaputi]

@@MarieLegrand-p7z Ambitious! Could you be kind enough with details of your advisor please? In dire need of proper asset allocation.

[@MarieLegrand-p7z]

Sophia Verdekal O'neal is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment if you like.

[@AlbertoAlejandro-g1e]

Thanks for putting this out... just inputted her full name on the web and at once found her consulting page; she seems highly professional and well-matched for the job.

[@JulieHudson-ht1wx]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@philipUi]

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

[@FrankCarter-qv8yn]

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@KarimRazaak]

please may i know your Advisor?

[@philipUi]

she's mostly on Telegram, using the user name

[@philipUi]

Marieslopie

[@Riggsnic_co]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[@JacquelinePerrira]

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

[@Jamessmith-12]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@kevinmarten]

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@Jamessmith-12]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@kevinmarten]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@Tonyham198]

Curious about top investors' millionaire-making strategies, I'm eager to grow my $295,000 nest egg. Investing in stocks could provide attractive returns through capital appreciation and dividend yields. But timing is crucial - should I invest now or wait for improved market conditions?

[@brianwhitehawker1756]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@Jadechurch-ql3do]

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

[@yeslahykcim]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@Jadechurch-ql3do]

Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@codeblue11]

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@NicholasBall130]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.

[@StacieBMui]

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@StocksWolf752]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@LiaStrings]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.

[@StocksWolf752]

Sonya Lee Mitchell maintains an online presence that can be easily found through a simple search of her name on the internet.

[@lolitashaniel2342]

I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

[@Petroguest-i4g]

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

[@Countstep0099]

My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.

[@wealthychronicle-i1u]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..

[@2024Red-j5t]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@BrianNC81]

It does snowball after 100k but 1M in investments doesn't feel like enough to retire . Just hitting that point and feel like it needs to be 3M minimum before leaving corporate jobs so lifestyle doesn't need to be severely cut. Hoping to be at that level in another 12-14 years then retire in mid 50s.

[@drscottgamingfx211]

Beavis: "y-YEAH! hm-heh. FIRE! hm-hm-heh, he hm, he he ..."

[@NoahNollens]

Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments, How you diversify your investment portfolio matters.

[@OyunBabus]

The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆

[@KentBrono]

Investing in real estate or mortgages can be an excellent way to grow wealth, almost like planting money to watch it flourish. However, working with a financial adviser is crucial for both beginners and seasoned investors, ensuring your strategy is sound and your decisions are well-informed.

[@PajinakStanovska]

I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??

[@KentBrono]

I've experimented with a few over the past years, but I've stuck with ‘’Julianne Iwersen Niemann” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@PajinakStanovska]

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

[@Muller-o4d]

I’ve got $100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?

[@Lisa-w4u]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. that's why seeking expert advice is essential.

[@Garrett-lo6pu]

Yeah, brokerage AdvisoRs could make a lot of difference. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.

[@PMackenzie-vw3wb]

I really want to get in with a financial advisor this year, especially as all markets are hitting lows. I don't want to be too optimistic and end up losing everything.

[@Garrett-lo6pu]

I don't know if I am permitted to go into details here, but mine is Jenienne Miniter Fagan and you could also look her up though I'm not so sure she's taking on new people atm.

[@Chris-l5t]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@pamanderson9139]

I'm 69 years old and just saved my first $10,000. I've been part time subbing and put all my checks from that into a savings account. When it reached $10,000, I put it in a money market to draw the best interest. Plus, I can draw any of it out easily to go on trips if I decide to do that. I have learned so much from you and I'm happy to see that you've reached your first 100,000 subs. Congratulations!

[@ElAgustin]

Thanks!!

[@Laura_Unmasked]

🎉🎉🎉🎉

[@NixonYork]

Saving my first 10k took extreme discipline then I saved another 10k gonna save another 10k this year

[@Itsjaycyaknow]

How long did it take you? Any advice?

[@royybarra6160]

@@Itsjaycyaknow800 a month or 200/wk will get u 10k, be strong and disciplined asf

[@K-xb2qz]

Wow. Congrats! I'm trying to save my first $10, 000. I probably would've had it but learned a hard lesson on gambling for 5 years. Kicked that addiction. Anyway. I should be half way there in a few months. I'm started from scratch but got a nice bonus coming up so that helps. Also got a nice sports card collection

[@markwhittaker6866]

Congratulations on that achievement. Long may it continue for you.

[@nomaam5891]

It’s an amazing feeling! Congrats!

[@janaynmelis5250]

Yes! Once I had $10k in my emergency fund, $5k in my housing fund I felt more at peace. ❤

[@MattyLiam333]

Get there again

[@dennynisevic7848]

😂😂😂😂 just a king

[@Lulu_Lily_2023]

how many month's mortgage can that 5 k cover? Our mortgage is high, so we need at least 15 k to cover 3 months' worth of mortgage

[@aprildawnsunshine4326]

Yeah every time I've run through the calculations for my emergency fund it's always come to around $10k. It might as well be the default number, because it can last long enough to make lifestyle changes like moving for work or to less expensive housing and it's extremely hard to do that with less than $10k. It's enough to cover breaking a lease and signing a new one and a bit leftover for any smaller emergencies.

[@TheFirstRealChewy]

​@@Lulu_Lily_2023 That's definitely a high mortgage. Hence why the dollar amounts aren't important. It's the ratios that are important. 3x monthly expenses might be $10K for one person and $30K for another.

[@83shaunam]

I found this to be true. Things get cheaper when you can afford things outright. I only pay $200 for an entire year of cell phone use. I can afford to pay it upfront now, so I get cheaper service. I can buy quality items that don't wear out so fast. I bought a pair of shoes 2 years ago that I wear almost daily that still look almost brand new. When my last car was ready to be junked, I didn't have to take out a loan for a new car. We bought one outright. It's not the fanciest, but it was less than $10,000. I swear I'm spending LESS money now.

[@RAJOHN-ke7mc]

Who is your service provider?

[@africarib]

Same. I pay $360 for 12 months with Mint Mobile. Also started being able to pay my car insurance for the year too.

[@godzilla_of_HouseTargaryen]

Pay for one year . That's reasonable

[@caseybills5517]

I appreciate your commitment to guiding others toward financial success. We all strive for security and a better quality of life, and this can be achieved through smart investments, mindful spending, and effective budgeting. I'm thankful I discovered the value of hard work and financial independence early on in my journey.

[@TylerJamestown]

Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.

[@LiaStrings]

I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years

[@Wellerpage]

Could you possibly recommend a CFA you've consulted with?

[@LiaStrings]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sonya Lee Mitchell’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@lolitashaniel2342]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@Beeannks]

I started saving this year and already have close to $20,000. My goal is to get to at least $40,000 by the end of the year.

[@IMBLESSED-oe6dl]

I put some in SPY plan on putting rest in high yield savings acct at 5% I want to be safe as I learn more. Congrats to u

[@davidbrooks8809]

U must have a very high income... you probably make 200 Grand a year😊

[@Beeannks]

@@davidbrooks8809haha nope. I work in aged care. I do extra shifts on top of my full time hours and don’t waste money. I’m also in Australia so our wages are higher than the US but the cost of living here is a lot higher.

[@robertpena6909]

Same , i’m 12 k away from 40!

[@davadh]

40k is my salary before tax so it's hard to even save 10k in a year

[@DorathyJoy]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@SandraDave.]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@RaymondKeen.]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@RaymondKeen.]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@Hectorkante]

Thanks, I just googled her I'm really impressed with his credentials. I reached out to her since I need all the assistance I can get.

[@ShirlPigram]

Just discovered your channel with this video -- I was able to think about my situation and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90K per year but nothing to show for it yet.

[@HettieClausenTl]

It’s important to do your own research and consult with a financial advisor before making any investment decisions.

[@mulattodavid]

I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.

[@DemandLachlane-ns1lj]

A colleague at work also suggested market experts, Hearing you say the same thing struck me. I think i should give this a try, but how can reach a decent advisor like the one you use?

[@mulattodavid]

I have worked with a few financial advisors before now but i ultimately settled for Melissa Jean Talingdan. She is SEC regulated and licensed in US. You can easily look her up.

[@DemandLachlane-ns1lj]

I just checked up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

[@devilchats9528]

Having money in my bank account for emergencies have actually made my life very peaceful. A year ago, I was in a financial mess. It's getting better thanks to your videos. I am trying to save more money by living frugally and spending money where it is absolutely necessary.

[@stilos4321]

That’s me as well I’m attacking all my debit I have a motorcycle loan that ends 10/19/2025 I owe 1800 bucks now it’s been a hard journey but I do feel more at peace …. Keep going

[@ElAgustin]

Keep going!

[@stilos4321]

@@ElAgustin thank you I wanna say thank you you have made me much better at managing my money … and I can honestly say I am much happier and chill …. Thank you ….

[@juanguzman1563]

I always live by the rule Want vs Need Saving Money gets so much easier once you have a good plan

[@explores53]

The real trick is not having any debt,once u do that saving money is not a problem.

[@hzskillz1721]

True

[@BigmommaKi]

Man tell me about it 😢

[@robertallen4842]

Best comment yet!

[@delanteford4238]

Once I saved my first 10k it allowed me to be appreciative of saving and it allowed me to save more (and other factors as well)....been saving for 5 years and never stopped THANK YOU GOD

[@stephenroberts2526]

I just crossed the $20K threshold today! And I totally agree with everything you said about saving your first $10K. Especially being able to say no, instead of having to say yes.

[@Baldwin321]

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[@Christian67337]

In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

[@Thomas43211]

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@Scarlett34568]

This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

[@Thomas43211]

“Aileen Gertrude Tippy. a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@Scarlett34568]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@tomsmith2361]

10K keeps the bs away 🎉😊

[@ElAgustin]

100%

[@helena20000]

​@@ElAgustin🤗Austin Williams : Thank You So Much For Your Fantastic KZbin Content❣️

[@kl7514]

Couldn't disagree more, that'll dry up fast, average single person has 2-3k in expenses a month if they don't live alone... 3 month buffer is not enough

[@juanrestrepo1017]

@@ElAgustin- You say Americans are living paycheck to paycheck and although this might be true - It often times also include a mortgage which means equity

[@jat6547]

How true

[@pattykake7195]

I have no debt and substantial emergency funds set aside for my dog, my car and my home…three things that are very important to me….it gives me peace of mind…🕊

[@tonylander3512]

The dog is absolutely the number 1 in my life 😊

[@pattykake7195]

@@tonylander3512 They are just so loving aren’t they…🐕‍🦺

[@Dallas3212]

A dog?? Really?

[@pattykake7195]

@@Dallas3212 Absolutely…she is a big part of my family….🐶🫶🐶

[@kartikprasad4359]

@@Dallas3212yes, dogs are wonderful.

[@mandyyonge]

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

[@Cynthia-mm1cv]

Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

[@RolandWingo]

I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

[@tinsleyLuna]

Your advisor must be really good, how I can get in touch with them as my porfolio isnt doing well.

[@RolandWingo]

'LUCIA ALICIA CRUZ’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@tinsleyLuna]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@TheeDirtyMexican]

This video was recommended with perfect timing. Recently surpassed the $10k and have it in a HYSA. Car loan payed off, credit owed is less than $1k. I’ll be 26 soon. Life is pretty great right now.

[@ewidontlikeyou]

Paid***

[@Denise_Cocoa]

You’re doing great!!

[@elijah__]

W. 24 here, not far behind you

[@ep1929]

Being totally debt free (including mortgage) is more of a stress buster.

[@emzywillrich7243]

I saved $100K and used it for a law degree. It has kept me employed nicely after 60 years old. I am debt-free too! I had to sacrifice having a wife and children but it was worth it to have a stress-free retirement. My godson turned out great too with a college scholarship I awarded him. We both have professional doctorates now.

[@tonylander3512]

I found a dog is a 1000 times better than a wife 😂

[@kwilliams2239]

Yes, but that comes after the $10K, not in place of.

[@DeportillegalAliens]

Debt free plus 10k is excellent

[@bskinny9009]

Saving the first $10K after paying off your mortgage is the most satisfying.

[@JoanneArc-or9sr]

I would never buy a house unless I had 50k saved and put aside. Buying a house or starting a business without savings is dumb and stupid.

[@TheFirstRealChewy]

Congrats on paying off the mortgage.

[@anniesshenanigans3815]

YES that is where I am TODAY.

[@Denise_Cocoa]

@Michelle_EmmLet’s not judge. All my friends and relatives who own houses complain about costly repairs and stuff that goes wrong in the house that they have to fix. People who can’t even save $10k will have a problem replacing a $30k roof or water heater. Renters can just call a landlord for what they need. It’s not everyone’s goal to own a home. It’s not an asset until it’s paid off.

[@Dallas3212]

Agreed. Ppl cant convince me that renting is better!!

[@Koch3479]

I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

[@Tennyson-r]

I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?

[@Jeffrey_Ambrose]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

[@Jessica_D07]

I will advise you should stop trading on your own if you keep losing.

[@Jessica_D07]

If you can, then get a professional to trade for you i think that way your assets are more secure

[@Jessica_D07]

I'd recommend Annabelle Hartfield, her profit is great even when there's a dip

[@PASCALDAB]

As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.

[@SteveDutton-v]

The current market conditions offer potential for rapid revenue growth, but executing such a strategy demands expertise.

[@SeanTalkoff]

Who is this coach that seems to possess such a keen understanding of the market?

[@SeanTalkoff]

Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

[@kortyEdna825]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[@NicholasHarmon-ow3jl]

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

[@carssimplified2195]

45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.

[@KaurKhangura]

Your adviser must be really good, I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?

[@carssimplified2195]

She goes by ‘’Aileen Gertrude Tippy’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did

[@KaurKhangura]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@robertmorris2576]

$10K seemed to take forever, but once i hit that it was a good feeling. Now where I am at it feels really great. Awesome video!

[@ElAgustin]

Five figures!

[@JaneGill-fd9im]

I know one thing for sure, starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

[@AprilRoblero]

Agreed! Getting a head start on building wealth is crucial, and having a solid strategy is key, personally I think having a coach is the smartest move in today's stock market.

[@janecornard3029]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $300k stock portfolio.

[@Debralive9]

There are strategies that can yield solid gains in any economic situation, typically implemented by a portfolio strategist with a lot of experience

[@Tom-l2n]

Most folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $750k.

[@janecornard3029]

Talking about advisors, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks.

[@barbarazubieta9334]

This is SO true. I'm still far from the 10K, however I recently started to free myself from the financial "survival" mode. This new level of peace of mind is awesome. Finally I feel like I'm living again! ✨

[@TheFirstRealChewy]

Aim to save consistently. When you get to the point that you can do this you will be able to save your target emergency fund. Once you cross that hurdle you can start investing.

[@ArchieJohnson5h]

Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this

[@collins.l454]

We've all made mistakes at some point. You should consider financial planning

[@palebiss1646]

True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.

[@ArchieJohnson5h]

Do you mind sharing your financial planner ?

[@palebiss1646]

You are most likely to find more info when you look her up

[@notrub225]

That’s called being “house poor” sorry man, maybe hold off on home improvements until you can afford it?

[@Doracox22]

Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, Reproductible approach from anyone who have build wealth. I have saved up $190k to get started.

[@greekbarrios]

I sincerely believe people often underestimate financial advisors' importance too. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

[@greekbarrios]

Kristin Amber Landis has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@SirBeelz]

Saved my first $10k at 23. In 26 now with $120k saved. It does get a lot easier

[@TheMeanGirlz]

We don’t care lil bro. 🙎🏼‍♀️🙎🏻‍♀️‼️

[@5naf6]

Don't save 120k in cash if you don't need it immediately! Put anything excess of like 20k into ETFs.

[@sassysusie9243]

I think $10k is just the beginning... and once you hit $10k, you should never go below that point again, ever. So I think $20k-$25k should be the goal. This way, if you have to cover several emergencies in a short time frame, you still have your "never go below" amount of $10k. It takes a while to save $10k for most people, so that base plus an extra $10k-$15k, really sets a person up for life. I see so many comments that "it doesn't get easier" and I disagree. I suspect that the prople that feel this way are being held back by family, friends and/or a chaotic environment...people that cause drama or stress, are a bigger drain sometimes than a lack of money!

[@mayLibertyprevail1a]

I think a lot of people who live paycheck to paycheck are envious and want to hold the people around them back. They want to view those who have savings as having some special sort of privilege, because they aren't willing to make the sacrifices it takes to put themselves in that same position. And if you do have a good amount saved, some of them will try to use you--expecting you to pick up the tab whenever you go out, for example, because you're "rich" and they're not.

[@davidbrooks8809]

I agree.. I'm $900 away from 10k in my Robinhood account I don't want to drop below that but I also have CDs and other accounts😊.. debt free but I only bring home $60,000 a year single and yes I am renting I love renting it's less stress..I'm 53

[@toyo8460]

Especially if you live in a country with free Healthcare.

[@JesseMayhill]

I am at the beginning of my "investment journey", planning to put $85k into dividend stocks so that I will be making up to 5% per year in dividend returns. Any advice?

[@Duttonmuffins]

Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.

[@Bunnydrille]

I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.

[@Frankweily]

For someone starting with $85,000, it's wise to begin with S&P 500 ETFs, diversify across different asset classes, and invest regularly to reduce risks and enhance growth. Working with a financial advisor can help refine your strategy. This method transformed $100,000 into $53,000 in annual dividends.

[@Madridstrat]

I have cash in the bank that I want to invest in the stock market, but I'm worried about choosing the wrong stocks. Could you refer me to your financial advisor?

[@Frankweily]

Well I'm hesitant to give specific recommendations because everyone's situation is different, but I've collaborated with Melissa Elise Robinson for years and strongly recommend her. Check her out to see if she fits your needs.

[@Revert2017]

I am trying to get to 10k. It takes focus but it is coming.

[@iakobkv271]

lesgo baby

[@ElAgustin]

As long as you keep going, you'll eventually get there!

[@mmalithefather1472]

@@ElAgustin it seems like it’s taking me forever and it’s making me so depressed! Every time I save a couple thousand dollars, something really bad happens, like my car breaks down or my job stops offering overtime etc. I’ll be dead from old age and stress before I ever see $10,000 smh

[@TheSaiyanPanamanian]

@@mmalithefather1472I feel you I feel trapped and don’t know what else to do

[@aloksrivastava7938]

@@mmalithefather1472 Keep investing in small amount of silver and gold. You'll get there very soon.

[@Lourdes-A.]

Once you have $10K saved you can get a jumbo CD at a bank that’s paying the best interest rate. Most of those CDs are short term, like a few months, so you don’t have to tie up your money long term. You can also put the money in a high yield savings account. Leaving your $10K in a regular savings account will get you very, very low interest. At least use your money to make some money out of the bank, instead of letting them use your money to lend out to others. Remember, never let anyone know how much money you have in your savings because most people, including relatives, will be after your money, always asking for money, or using you for your money.

[@mirsec0088]

You don't need to lock your money into a CD to get good yields. There are plenty of HYSA accounts out there that will give you 4.75%+ right now with minimal downsides.

[@Lourdes-A.]

@@mirsec0088 If you read my comment carefully, I mentioned in the last sentence of my first paragraph, “ you can also put money in a high yield savings account.”

[@MesutMilleliri]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@SophieLoschy]

Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

[@BrigetGstar]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

[@NoahNollens]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@BrigetGstar]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with *Julianne Iwersen-Niemann* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@NoahNollens]

I simply Googled her name and her website came up right away. So far, it appears interesting. I emailed her, and I hope she responds soon. Thanks

[@DonnDenisse]

Bitcoin is gearing up for a monumental leap to new all- time highs.

[@ErnestoHorner88]

this is definitely superb! think you could suggest any professional/advisors i can get on the phone with??

[@CathieGomez-mp8sk]

Yes grahamconsults

[@JohnGeorge-pw2xo]

i'm in my fifth trade with him and it has been super.

[@AnnaRoth-pb8xv]

On tele gram?

[@FrankMorrison-vu2kc]

Yup as grahamconsults

[@hhjhj393]

I have $60k in my bank at 30 and life definitely ain't easy... I am still a low income worker, still driving a 30 year old truck, still constantly repairing sh!t, still constantly stressed, still get bullied by everyone, still have people constantly trying to either steal from me, or damage my stuff. It never ends. It never ends. I have made a lot of mistakes in my life though. My advice to young men is that you have to start YOUNG, you have to fight young and early for a good career or else you end up like me.

[@lumenmom]

At 30 you have so much life ahead of you and barring any health issues you have unlimited potential. At 63 with disabilities I almost envy you, made many mistakes at your age and wish I knew then what I know now. The one thing I did about 5 years ago was to separate myself from people who were not good for me. It was scary and lonely but it was the best thing I ever did. Today I am a different person and while I still have struggles I have confidence that I can conquer most challenges and I the wealth of knowledge I have was definitely worth the sacrifice. My prayer for you is 63 year old you will look back at 30 year old you and say, "look how far we've come."

[@mackymacky6959]

I'm proud of you!!!! 🙌

[@Will_Schrank]

That’s sound advice, but take heart because 30 IS young and it sounds like you are doing great! Granted it’s much better to start saving and investing at 20 than at 30, but you HAVE started and with $60K in the bank at 30 you’re in a great position to build wealth - and you’re better off than most Americans who are older than you and have higher paying jobs but lots of debt and little savings. Hang in there, you’re doing MUCH better than you seem to think!

[@kathleenepugh9495]

Keep your head up... you ARE a survivor!👍👏

[@VitalBigras]

Be courageous man ❤

[@theguynextdoor4978]

Also, reaching 10K is a motivator to keep going. It gives confidence, and gives us the attitude of: Hey! I can do it, hmmm I can do another 10K! Pssst! hint hint.. saving on a 4% high interest account, will quickly turn 10K into 50K if being consistent with the savings.

[@ElAgustin]

It's realistic for everyone too!

[@bonniegaither3994]

Until the rates go down (again).

[@deborahjackson6108]

Where do you get the 4% interest account??

[@herothinker4846]

​@@deborahjackson6108HYSA at Capital One, Amex, Discover, and many more

[@naturalyawd7814]

@@deborahjackson6108 There are several banks that have 4% + interest rate savings

[@elvalvinoskyo3307]

This is so true I know money doesn’t buy happiness but it sure feels dam good knowing you have a healthy bank account

[@donaldwess4461]

I listened to you last week and made $3450.00 turn to $25780.00....thank you so much! This was GameStop

[@yosoy2480]

I have been struggling with stocks since 2021 making loses everytime.I am strungling financially and am about to give up.. Please please can someone reach for me and help me with trading please.I will appreciate it. Thankyou

[@donaldwess4461]

In life, I will forever be grateful for health, wealth and a great professional whose help has been great for my finances.

[@donaldwess4461]

I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Cora James, has been an amazing experience.

[@ganhei6752]

It's truly heart- warming reading a lot of testimonials on Cora James. Her personality, ethics, principles and prowess as a Financial Adviser has gained her fame and recognition around the globe.

[@emilyfreddie2420]

Can you please guid me I can really use a instructor I just started trying this buying and selling shares I'm new to this and my funds are not long

[@HoldinAces777]

Saving 10k also builds up the savings muscles, when you can exhibit the discipline to save 10k you can more easily save 20k, then 30k etc, etc

[@edgelessuser5]

I'm still young luckily and I saved 10k a year and a half ago or something. Now I'm at 30k. But I wanted to state I only got more miserable the more I saved. The first 10k was pretty cool I felt like I actually did something meaningful. After that each thousand felt more and more empty though. My quality of life didn't change and I was saving every I possibly could. Not going out, not buying healthy food over cheaper options, not buying anything cool or whatever else. I just go to work, come home and lose my mind more and more. I am honestly not even sure what I want as my whole life others have been dictating what I should and shouldn't want and the few things I did want were stamped out as "unrealistic" or "impossible"... I work at a wood mill, well did as I had a breakdown at work after a little over two years there suffering physically and mentally. I now have severe depression and anxiety so I put in my two weeks and don't even think about money or when I do it is just stressful even though I have money I never feel secure enough to actually do something with it. Besides investing I invest about 10k, hold 10k in a high yield savings, and hold another 10k in my primary bank for a quick safety net. Anyway just wanted to basically say, money is cool I guess but it becomes empty and hollow really fast, at least in my case when I didn't care about it to begin with

[@juliomoe3965]

I know this exact feeling, you don’t know what to do with it. I once say screw and splurged about 5k and felt like it was the worse choice. I’ve been wanting to invest but don’t have a clue where to start. Hopefully ya journey continues to get well

[@nvr5490]

When I was saving like crazy, I checked my account daily to see if there were any changes to the amount I had. Of course , there weren't as I got paid monthly so I could put away only once a month. Time passed endlessly slowly. One year later, I became a compulsive gambler and lost all my savings plus went into serious debt. I truly hate money, nothing makes me more miserable. The only savings I have now is my retirement fund which I can't touch.

[@edgelessuser5]

​@@juliomoe3965I caught myself looking at random expensive things I could technically afford but didn't really need more often toward the end of my work at the mill. I was just desperate to actually have something to show for the work I put in. Luckily I haven't blown all my cash but I have been spending a little more than I should be and yet at the same time it might be healthy to spend more.

[@edgelessuser5]

​@@nvr5490I hate looking in my account and seeing only the expenses I've made before getting paid. Before I started saving up a lot I did have a brief period of buying lots of scratch tickets for fun. I think I technically came out positive though in the end. I think the last one I bought was for Christmas as a gift to my brother and he ended up winning $200 off it, making it my second $200 ticket pick. However, I don't recommend gambling at all. There might of been some logic in the choices I made like which tickets to buy or what price range or the location but I hate to think it was in fact pure luck. I don't really have advice just don't do anything rash or out of immediate emotions

[@tracybodinaar]

I love the grounded reality of this channel!!! Retirement took a toll on my finances, but with my involvement in the digital market, $35,000 weekly returns has been life changing. AWESOME GOD❤️

[@rafaelrivera-ry9mz]

How!! I know it's possible I would appreciate if you show me how to go about it.

[@chaiwat7393]

What is the best way to make money from crypto trading?

[@tracybodinaar]

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto professional.

[@tracybodinaar]

The professional is Ms Charlotte Junko Walsh

[@markharper171]

Wow.. I know her, she is a licensed broker and a FINRA agent she is popular in US and Canada she is really amazing woman with good skills and experience

[@MelissaHobbs-qm8wi]

In uncertain times, how can one outperform with the S&P 500? my money goal of $3m seems far-fetched and just saving is not an option, do I seek a license advisor to help grow my funds, or wait for a favorable economy? I have barely 5 years to retirement.

[@WhitneyRoss-dj4rf]

patience is your best friend here, although you can benefit from the help of advisors, especially when it comes to smart financing.

[@ChloeCarter-kd7gz]

Very correct, investing is plain-sailing using a well experienced advisor, and at first-hand experience, I've witnessed my investments compound over 280%, since Jan.2020 amid rona-outbreak, summing up nearly $1m as of today.

[@ChloeCarter-kd7gz]

@BrianAlbert-hh3pi I learn a lot from "DESIREE RUTH HOFFMAN, she's a big name in her field with more than 20 years of experience. You should look her up online for more info.

[@JessicaKeith-uj1jq]

l feel venture capitalist should be focusing on under-the-radar bonds, and considering the current rollercoaster nature of the bonds market, Because 35% of my $270k valise comprises of plummeting bonds which were once revered and i don't know where to go here out of devastation.

[@WhitneyRoss-dj4rf]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@seanhepner]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@Peterl4290]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@larrypaul-cw9nk]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@sabastinenoah]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@larrypaul-cw9nk]

Annette Christine Conte is her name. You may look her up online; she is a reputable financial counselor in the US with a license.

[@sabastinenoah]

Thank you very much. Seeing her page allowed me to leave her a message.

[@mrwillwgp]

Oh please! Austin I am on the path to $10k and I've been there before, I can do it again! I remember what it was like to have an emergency but $10k in the bank and be able to say nooo problemo!

[@ElAgustin]

You can definitely do it again!

[@alexsteven.m6414]

Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.

[@bernisejedeon5888]

For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.

[@belobelonce35]

a downtrend offers an equally high-yielding avenue if you have the necessary skills and knowledge. This is why I've been using an investment advisor to scale up during this difficult time, and it's the only way I've been able to raise up to $150K in the last six months. It all comes down to technique. The downtrend gives you room to focus on the market and grow-substantially whether in the long or short run.

[@valeriepierre9778]

Your manager must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@belobelonce35]

I work with Sharon Marissa Wolfe as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

[@belobelonce35]

She's known as 'Sharon Marissa Wolfe'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@shosho4real]

This is going to be your most performing video Austin. It just hits home on so many levels

[@ElAgustin]

I appreciate it! The title is pretty "clean" if I do say so myself, haha. 10k is so realistic for people too!

[@jennyjenny3531]

I appreciate the humility and realism of this video. People like to talk about the big flashy amounts, but we have to start somewhere, and for most of us working through life in the economic circumstances of today, 10K is definitely something to celebrate and acknowledge as a worthy accomplishment. God bless you

[@solaire07]

10k can really start to compound if put in right investments. Once you get to 50k. Thats when the true power of compounding begins, then 100k, thats when the real game begins, and youre on the winning end.

[@katyaks8770]

1 month after i saved up 10k my car broke beyond repair ai bought a 8k car in cash and 2 days later i had to spend 1k on an e vet visit.that was a month and a half ago i started back esentially from 0.busted my butt mowing lawns after work and saved up 3 grand.

[@jonathancoleman6482]

Keep grinding 💯

[@shryque]

I'm making around $55,000/year. I live in a 2 bedroom apartment alone, paying $268/for my car. Zero rollover balances on credit cards, which I have 6 cards. An over 800 credit score. $6,700 in the bank. 230+ ounces of silver. $39,000 in investments yielding $3550/year in dividends.

[@truthtelleranon]

How’d you go about the precious metals? Seems like it’s a very scam prone space

[@shryque]

@@truthtelleranon Not at all... SD Bullion is a good online shop, and I have a few local coin shops.

[@SharonInvestor234]

Guys, why aren't you talking about Unimantic?

[@SusanWhite-iv5oz]

It's so amusing to see that at least one decent project has gained so many likes, while the rest are just blatant spam😅

[@etrans09]

How long have you been invested with Unimantic?

[@Qwerty10254]

Because it's a scam

[@Erinhunt321]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.

[@AndreaAdams-mk5jy]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@SuzanneMace17]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@TommyDeclan]

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

[@Max-Wesley]

I'm new at this, please how can I reach her?

[@RaymondMcCarthy21]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@FluffyNuggets369]

I don't have a dog, my teeth are healthy, and I drive a Toyota.

[@ElAgustin]

Well keep brushing!

[@moredatesmorefiber3526]

Keep flossing my friend

[@seamonie48]

My teeth are healthy as they gonna get, but no dog and driving a Toyota Prius, I can relate! ❤️🤍💙

[@aprildawnsunshine4326]

Good! No excuse not to be saving then 😜

[@Milothemaltipoo]

Get a dog! It’s life changing!

[@Franciscoferreira0]

I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

[@Martinezrodi]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

[@Tennyson-r]

I will advise you should stop trading on your own if you keep losing.

[@Tennyson-r]

If you can, then get a professional to trade for you i think that way your assets are more secure

[@Tennyson-r]

I'd recommend Annabelle Hartfield, her profit is great even when there's a dip

[@alessandro763]

it's great to see others who also benefits from the service of mrs Annabelle Hartfield.👍

[@getitbig9142]

It's amazing how history keeps repeating itself, and the urgency to prepare is definitely real! Investing can be the best decision of your financial life. I started my journey in 2021, and it’s been the best choice I've made for my finances.

[@LeoSabastine]

What's the best way to begin, and how long until it starts yielding profits?

[@getitbig9142]

No matter how long you wait, opportunities will arise in the market. Invest for the long term, and avoid being too greedy or too fearful. Making informed decisions is crucial; relying on luck isn’t enough, so partnering with an advisor is essential.

[@LeoSabastine]

I hope you don’t mind suggesting your sûpervisor, as you mentioned before

[@getitbig9142]

@@LeoSabastine Olivia Charlotte Oswald

[@getitbig9142]

She's an amazing professional I’ve had the pleasure of engaging with. You can look her up

[@MrBeastlyjacob]

It felt like you repeated the same thing 50 times tbh

[@cudi2787]

my exact thought

[@envyme_nvm]

10 000 times, to be more exact

[@MrRazorTT]

Best comment

[@jeremystanton7960]

I can see it being good for the people who have bad saving habits. But man even saving to 50k my life is still dogshit fam.

[@V1Salvo]

@@jeremystanton7960what’s bad about your life? Is it directly related to money? Because money won’t make your life amazing, it will just boost it. So if you already enjoy your life, having money will make it so much better. If you don’t like your life, money will just make you less stressed about money, but that’s about it.

[@redcitizen1177]

Having 2.5k currently. I am glad to be at 1/4 th of the way to the destination

[@plappin]

This should be a must-view video for every person starting out in life. Well done!

[@ElAgustin]

Thanks!!

[@GrannyLinn]

We had a 3-months’-expenses emergency account. In one week Murphy hit and we’re down to one month and starting back up. I’m so glad we had it.

[@TheFirstRealChewy]

We've had a few emergencies, but our first big one was a job loss and no emergency fund. It felt like the sky was falling... and it was. It tested our finances and our relationship. It sucks to use up some of the emergency fund, but its such a life saver.

[@DianaCarolinaGirl22]

I completely agree! 10k can change your life, if you save it.

[@razorsharplifestyle101hard9]

I invest 28k a years for my retirement.So dude is speaking truth.

[@susannordstrom5065]

10k is hard to save for some, I have that now

[@TheFirstRealChewy]

The act of saving $10K is even more important. I've seen people save money then turn around and spend it. The mental fortitude to have money and choose not to spend it is a big deal.

[@AdamNathan-]

The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

[@AnnEve-mi5zv]

Money invested is far better than money saved, when you invest it gives you the opportunity to increase your financial worth.

[@KeithWalter407]

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

[@JohnMichael007]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@ChristianJeremyE3]

Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?

[@CherylJacqueline]

Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.

[@estebanhenriquez3491]

I just called out last Monday from work because I didn’t feel good. My manager sat down to put in the hours for the week and asked: “Hey, you’ve got PTO, are you putting it in for your call out?” I told him: “Unless you need me to put it in because of policy, I’ll keep racking up the hours for when I REALLY need it. I can take the hit, don’t use up my hours.” They were speechless! 😂 I’ve saved up a little over $12K as my 6 Month Emergency Fund and I find myself doing almost everything you outlined in this video! Especially the “do I want to buy this?” Instead of “can I afford to buy this?”

[@blaketreadaway6733]

This video became financial ASMR to me. Super peaceful and positive. Definitely have great vibes now thanks.

[@jayocean4724]

With most people even high earners over (100k) living paycheck to paycheck and alot of people not being able to afford a $500 dollar emergency 10k is that first milestone where you realize that your not struggling or living check to check anymore and you can continue building margin in your budget and investments🎉

[@sagatuppercut2960]

The most money I've ever had in my bank account was $3000.

[@annveronica7795]

That's a good start.

[@joeconnerson9773]

Do it again brother. Tske it farther

[@charlenefriess2128]

Don't laugh, but after years of saving money, the first time I saw that number in my saving? I must have went back and looked at it again and again. Just to believe it. Took me a long time. Then I realized that if I could do that? I could keep going😊

[@SPNKr02]

Hit 10k recently, 11k now actually, with 2oz of gold, not rich by any means but very happy i got to where i am, you guys can do this!

[@robertpena6909]

I have about 28k saved , definitely felt awesome when i had those first 10k , no car payments or cc debt🎉🎉

[@Spencer-vq7se]

I have over 200k saved and still feel constant impending financial doom. You need millions saved if u ever actually wanna get rid of this feeling

[@jonathancoleman6482]

You doing better than most

[@WilliamsleeHogan-nm2em]

I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America...

[@MamaRuth-rz9de]

Investing in crypto/forex is a good idea, a good trading system would put you through many days of success.

[@PondeyPranali]

Investing $15,000 and received $174,000

[@LeeWilliamshogan]

Same, I met Mrs Anna Davis last year for the first time at a conference in Manchester, after then my family changed for good. God bless Mrs Anna

[@MarcoMe113]

Yeah get connected to Miss Anna , here's her line👎🏻

[@MarcoMe113]

Tell her I referred you🙏🙏

[@theamazinghippopotomonstro9942]

5:40 I definitely agree. When I have 4 figures I feel like I have to get back up to 5 as soon as possible. I'm back and I don't want to hit 4 again!

[@danielmcshane6502]

I like having a financial buffer like this. In Australia it might be $15000-$20000. But it does change financial stress and comfort levels a lot.

[@ottomanbeatsofficial]

When you have money saved you make better decisions. “ do i really need that”? It took me so long to save it i dont want to do it again

[@pencilhead5278]

I had never thought about this- I will keep this in mind- thank you for this suggestion- I appreciate so much

[@DavidDavisDH]

I have 14k saved, I have it split in 4 accounts : Roth IRA, emergency fund, and 2 investing accounts. I actually didn't know I had this much because it was separated in different accounts, I was happy when I added it up.

[@ElAgustin]

Awesome!!!!!

[@TheFirstRealChewy]

Aim to save 3-6 months of emergency funds. If finding work is easy, 3 months is usually good enough. If finding work is difficult, aim for 6 months.

[@Calichick67]

Everything he mentioned in this video is true. When we hit 10k, first of all we were so excited, we didn’t stress about money and we continued to save.

[@ElAgustin]

Reaching five figures was cooler than reaching six!

[@freemygrandma8752]

He’s so accurate when it comes to the emotional aspect of how it feels to have 10,000.

[@scottjackson163]

Regarding the various “you’re covered” situations that you mention, you can cover them once, then you are right back on skid row. There is no such thing as an emergency fund when your whole financial life is one continuous emergency.

[@GrannyLinn]

It feels like that sometimes, doesn’t it. Keep on keeping on!

[@BK-gh9us]

I’m sort of addicted to personal finance KZbin… seen all th”first 100k”, “average net worth”, etc. Videos. First of all, it’s nice to see videos which are affirming. Second, it’s nice to see things another way!