How to Save $100,000 Cash in 3 Years

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About this episode:
In today’s video, find out some real ways to save a bunch of money fast that don’t have anything to do with joining an MLM or cutting avocado toast out of your budget. You’re welcome.
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[@FRANKEWARED]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.

[@SantiagoLiamW2]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash

[@AmeliaElizabethD1]

The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

[@CharlotteIsabellaX8]

i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well

[@AmeliaElizabethD1]

NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@CharlotteIsabellaX8]

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

[@Richmind-ir5zi]

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!

[@Mitch10bands]

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.

[@Marianela-r3v]

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 $4 million portfolio, largely from early investments in AI and other growth stocks..

[@Doracox22]

i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@Marianela-r3v]

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.

[@Doracox22]

Thank you for sharing, I must say, Kristin appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled

[@bobbymainz1160]

Financial management is a vital subject that many avoid, often leading to future regrets.

[@alexyoung3126]

Absolutely, financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. It's never too late to start managing your finances wisely and securing your future.

[@jameswood9772]

Financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. Working with a financial adviser has really helped me get on the right track and secure my future.

[@johnlennon232]

It's great to hear how beneficial working with a financial adviser has been for you! I'm definitely interested in working with a financial adviser myself to better manage my finances and secure my future.

[@jameswood9772]

Finding financial advisors like Rachel Sarah Parrish 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.

[@johnlennon232]

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

[@godimlarge]

*makes 3100 a month* “You just need to save 2700 a month!” Yeah… alrighty haha

[@NicholasBall130]

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[@StocksWolf752]

If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.

[@TylerJamestown]

On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then

[@FarrahBaker467]

Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

[@TylerJamestown]

Sonya lee Mitchell 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.

[@grego6278]

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

[@AndersonFair-cy2bb]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[@FaithAndrada-xo9ou]

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.

[@Raymondcraw1967RaymondCrawley]

The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.

[@fredrickmcgraw9491]

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

[@Raymondcraw1967RaymondCrawley]

Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@fredrickmcgraw9491]

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

[@EmilyNora234]

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.

[@HannahMegan-uf3sh]

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

[@AustinSean-]

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.

[@MaryBegay350]

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.

[@AnnEve-mi5zv]

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?

[@TheoXavier-5]

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

[@JimmyA.Alvarez]

Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.

[@Erickruiz562]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice to take advantage and make profits.

[@DeannaMurray-zv]

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.

[@BeverleeR.Ziegler]

I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@DeannaMurray-zv]

Finding financial advisors like Jennifer Lea Jenson 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.

[@WyattSmith-v]

thank you for sharing; I just looked up the broker you recommended on Google and was really impressed with her qualifications. I will immediately send her an email.

[@Bum_Hip]

An important thing to consider is that saving, and investing is NOT a zero sum game. If, at the end of 3 years you come up short, you did not fail. If you end up with 50k, or 60k you still have a nice start. I think many people get intimidated by the goal, and think they can’t do it, so why even try. Any savings is better than no savings

[@pete5691]

Good point. I think that affects younger people who see retirement as something infinitely far away when in actuality the closer you get the more it looms over you.

[@billibarou]

Totally agree. The key for me was to get to the mindset to start an account that I always put money into and never take out of. Once you start doing that even if you are literally only putting in a penny at a time. You get into the savings mindset. I found that just putting money in I didn't expect to get added up very quickly. Like you get a small refund from something for say $20. Put it in the account. Tax refund. Anything like that put it into the account. Once you get to 100k it gets so much easier to save large sums of money because your money grows tremendously if invested. It's amazing what compound interest can do.

[@Fe26man]

I started investing myself (just a little on the side, it isn’t an impressive amount of money or anything), and I almost pulled out after the 1st month, because it took a little while to start making my numbers go up. I was so close to just cashing it out, right away, because I kept imagining the stock plummeting and losing it all. I ended the year at over 16%, so I’m happy I didn’t pull it out in full, when it went down right away!

[@Bum_Hip]

It’s so cliche, but time is your greatest asset, followed closely by diligent saving habits. I’d say it’s more important to religiously save a portion from every check than the amount you save. Of course more is better, but you can only do what you can do.

[@pete5691]

@@Bum_Hip It’s a shame but most in our generation won’t be doing what they need to do in order to retire comfortably.

[@MaryLawson874]

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@EdmundEthan093]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?

[@roxdietren]

@@EdmundEthan093 Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@EdmundEthan093]

@@roxdietren this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@roxdietren]

@@EdmundEthan093 My CFA jessica dawn walters, 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.

[@EdmundEthan093]

@@roxdietren Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent

[@JenniferDavis7630]

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[@danieltaylor--65]

Palantir, ARM and Nvidia are all still good buy, but what do I know I’m not a financial advisor lol

[@debbygradley25]

Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@EthanBrown_23]

i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@debbygradley25]

'Laurelyn Gross Pohlmeier' 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.

[@donaldwayne7023]

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.

[@WillieNickell]

In these turbulent times, understanding how to effectively handle finances, make astute investments, and navigate economic challenges is paramount. Yet, my primary concern lies in augmenting my stagnant reserve of $240k, which has remained dormant for an extended period without any significant gains. While I'm dedicated to a long-term strategy, the persistent threat of inflation depleting my savings and the continuous decline of my portfolio necessitate urgent action and resolution.

[@SteveDutton-v]

Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.

[@SeanTalkoff]

Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?

[@SteveDutton-v]

'Vivian Carol Gioia' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@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.

[@AminaCasazza]

I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?

[@KateEngdahl]

A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.

[@GabrielZi-xr6zc]

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

[@HilaryPhan]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@GabrielZi-xr6zc]

She goes by ‘’Marisa breton Dollard ” 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.

[@HilaryPhan]

Thank you for sharing, I must say, Marisa breton Dollard appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

[@brianwhitehawker1756]

As an investing 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?

[@Jadechurch-ql3do]

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.

[@yeslahykcim]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@Tonyham198]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@yeslahykcim]

Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@lucaswilliams9992]

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

[@bernadofelix]

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

[@PaulKatrina.]

you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

[@ScottKindle-bk3hx]

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

[@PaulKatrina.]

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

[@Hectorkante]

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

[@simonbad]

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

[@LarsBergstrom-uh2eu]

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.

[@AstaKristjan]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@MuradSamadov-n6i]

I am 61 single no kids, I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!

[@Andrian-ch3on]

@@MuradSamadov-n6i You are lucky to have a disciplined advisor. Now that his/her job is done I guess you're free to go blow the money however you please. I wish to get half as lucky and would appreciate if you can share more info on the advisor

[@AstaKristjan]

You were so damn lucky!Any info on the F.A would be well appreciated

[@mikemuoio2340]

Hot tip: stop eating out. Cook your own food at home. It tastes better, its more affordable, and its really fun!

[@CharlyCD93]

🙌🏼 how much would you say a days worth of food costs you? I’m at around $15isg

[@nobeliefisok9174]

All of the lifestyle savings he mentions only get you to $5,640 a year. The other $27,693.33 comes from earnings from work

[@Shopgirl1]

My income doesn’t even come to that amount a year..you can’t save over $33k a year when u don’t even make that..I think if we made $100k a year I could easily save $50-$60k a year😂😂

[@nobeliefisok9174]

@@Shopgirl1 And you still need to get a second job that pays another $20.50 an hour for 20 hours a week!

[@nilsalmgren4492]

​@@nobeliefisok9174 What happens if you already do that stuff?

[@NikitaMcLauren]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[@KevinAnderson-g1q]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

[@SoledadHughes-q2i]

I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@StalinGrabovsky]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@SoledadHughes-q2i]

Elisse Laparche Ewing 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.

[@EnriqueCarrasco-z3j]

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.

[@Hortência53David]

*I'm favoured, $63K 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🇺🇸.*

[@Hortência53David]

A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some

[@Hortência53David]

Thanks to Sarah Martinez, she helped me reach this milestone.

[@Hortência53David]

She's a licensed broker here in the states.

[@tmdrake]

Nice

[@nickolasblank9265]

Scam guys, don't fall for this

[@mtb4657]

It took me 7 years to save up $100k. It was hard bc WHILE I was doing that AT The SAME TIME I was paying off my mortgage and saving up to buy a car. I also had a great side hustle, but that meant I had to work 7 days a week basically 52 weeks a year! I didn’t go out with friends but now I have over 100K, my mgt is paid off and I have a new to me luxury car with the title so no car note. I have no cc debt. I did all this on my own with NO help bc i was determined to meet my own goals after going through a divorce. I did it! My net worth is now a beautiful thing to sit back and look at the zeros in my accounts and investments. 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉!

[@nobeliefisok9174]

Congrats to you, and I am glad for you! 😃 Your diligence to get it done is the most important thing. But you were only able to do on this timeframe by having well above average income. By definition of "average", most will not be able to no matter their diligence. Maybe they could achieve what you have in 12 years, or maybe 20. It depends.

[@zyzzuschrist3410]

@@nobeliefisok9174so its his fault he earned more money than the average? Should he have taken a pay cut just to keep things even?

[@ericar.6370]

This sounds a bit like my scenario. Do you mind sharing more about your side hustle?

[@nobeliefisok9174]

@@zyzzuschrist3410 What? Where does this come from? I congratulated the guy, stated clearly I was glad for his successes and used a happy face. Where do you get I was wishing him ill? So negative for no reason!

[@UpYourArsenal]

​@@nobeliefisok9174The negativity comes from expecting you to be just another bot scammer posting the same fake successes. The comment section is overblown with blatant scams that KZbin refuses to stop.

[@clarks2001]

$2,700/mo is more than one of my paychecks.

[@Jocov187]

*I was homeless, got into drug's went to prison and then I got to know Jesus and he changed my life...Heaven came through for me in my finances too, getting $50,000 in 2months . I can support God's work and give back to my community. God is absolutely more than enough! Now I have a new identity and a child of God*

[@BrendaWong-yr2tf]

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.

[@JakobLarsen3]

What a testimony!!! 🙏🙏🙏I'm genuinely curious to know how you earn that much monthly

[@Brielle77-p4h]

I work at a restaurant here in Houston Texas. Things have been really difficult as I'm a single mom and trying my best to pay bills and take care of my daughters.

[@Jocov187]

I started pretty low $2000 investing in forex. Thereabouts. The returns came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Ava Brenda Harry you're a miracle

[@DanielSaunders-ni8bh]

Can I also do it??? My life is facing lots of challenges lately

[@brayanscott3295]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@Elimoore_jk67]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

[@Namja_66]

Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.

[@RichieFund-yp4mt]

It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

[@OscarWells-qy4fe]

Yeah I have same issue also, sometimes I feel like the market is being manupulated

[@catlinbrayan9404]

Trading under the guidance of an expert is the best strategy for beginners.

[@guhreenskittles]

Thank you for this video. I cancelled my $130 studio membership, changed my withholdings and plan to reduce my take out food budget to reach 100k in 5 years for house down payment. I didn’t realize how lifestyle creep has creeped up!

[@JessicaWilson7w]

*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

[@SarahGarbeth]

That's awesome!!! I know nothing about investment and l'm keen on getting started. What are your strategies?

[@RebeccaEmily-s8h]

As a beginner, it's essential for you to have a guide. Myself I'm guided by Mrs Victoria K Walter, a widely known consultant

[@MarcusDiana]

If you are using really a good broker or account manager is easier to earn from the market

[@marywils8118]

That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

[@bobbysmith1119]

I've been trying to trade but I keep making losses and it's frustrating

[@stevensmiddlemass2072]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[@traviswes7082]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@chrisbluebird5037]

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

[@lucasanderson8993]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

[@chrisbluebird5037]

'Lauren Marie Ehlers' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

[@lucasanderson8993]

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

[@Riggsnic_co]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[@JacquelinePerrira]

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

[@Jamessmith-12]

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

[@kevinmarten]

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

[@JacquelinePerrira]

Impressive can you share more info?

[@kevinmarten]

Credits to 'Carol Vivian Constable' she has a web presence, so you can simply

[@nicholasmartinez6043]

Save 33,333.33 dollars per year. You’re welcome

[@BadBad]

The math is mathin

[@JB-kx9bx]

😂

[@ethanwilliams8212]

Actually if you save it in an HYSA at 5% you will have more than $100,000 at the end of 3 years. You're welcome.

[@rosedewittbukater5763]

riiiiight because everyone has an extra 33,333 in their income 🙄

[@mannymotta3314]

Still short a penny

[@FairBeautyEssentials]

Thank you. I really like this goal and I definitely want to strive to aim for in 3 to 4 years. I do have a full-time job earning $60k annually (I work in HR), I have two teenagers (age 16 & 13), and there’s no way I have room for a second job. But I can, however, have plenty room for a side hustle. I love to sew and I am seriously considering sewing prom/party dresses. Sewing, it is something I enjoy doing.

[@SteveSabbai]

How to be Debt Free: 1. Do NOT get married. 2. Do NOT have kids. 3. No addictions (Drinking, Smoking, Drugs, Gambling). 4. Do NOT buy unnecessary things especially "luxury" items.

[@VictorB.Henrickson]

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

[@Henry-hp3kl]

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.

[@KateShawn-jv6wh]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@VeraW.Talley]

Mind if I ask you to recommend this particular coach to you using their service?

[@KateShawn-jv6wh]

Leticia Zavala Perkins, 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.

[@LoseMike-og9in]

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

[@dianaP14]

I’ve been diligently working, saving and contributing towards early retirement and financial independence, but since covid outbreak, 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?

[@dianaP14]

mind blowing! could you please share info of the adviser guiding you? love to stick it on my own but its been hard to make significant gains lately, figured its best to discuss with a finance expert

[@dianaP14]

mind blowing! could you please share info of the adviser guiding you? love to stick it on my own but its been hard to make significant gains lately, figured its best to discuss with a finance expert

[@dianaP14]

striking! could you be kind enough with more info please? been looking at financial advisory for a while now

[@kendrabernad]

thanks for sharing, spotted her site immediately after putting her full name on my browser, she seems impeccable..

[@kendrabernad]

excellent share, just copied and pasted katherine nance dietz on the internet, spotted her consulting page ranked top and was able to schedule a call session. I've seen commentaries about advisors but not one looks this phenomenal

[@TeresaFroster]

_I'm 50 years old and living in Canada Alberta 🇨🇦I'm willing to retire at 55 if things keep going the way I planned bought my first house last month I'm glad I made a productive decision that has changed my life forever can't be more proud that I'm right now*

[@_Michel477]

Congratulations you are really doing well at your age im 45 and my finance are in rally in mess right now and great tip will really go along way in shaping my life im open for idea

[@PamelaArmstrong-zc4ik]

I work at a restaurant here in Houston Texas. Things have been really difficult as I'm a single mom and trying my best to pay bills and take care of my daughters.

[@TeresaFroster]

I started pretty low investing in forex though with $2000 thereabouts. The returns came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Ava Brenda Harry is a Blessing to my life

[@AndreasBergman-yj4em]

I and my family will forever be indebt to you, your a blessing to my family, thanks so much Mrs Ava

[@TuomasIhalainen]

IG

[@TeresaFroster]

🌹I'm 51 and feel bad for younger generations. They wants so much - a big house, new car, vacations, designers clothes etc.. and feel deprive whenthey have to sacrifice. I was the same way but some things changed as I got olderI stopped wanting all that stuff and just feel content having a big stack of cash saved and invested to help me stay afloat through retirement

[@Clatha17]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment...

[@JakobLarsen3]

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

[@Brielle77-p4h]

It's remarkable how long term advantage people like us have gotten trying to be consistently not stupid, instead of trying to be very intelligent

[@AlamamaJinoto]

Even with the right technique and assets some investors would still make more than others.. As an investor, you should've known by now nothing beats experience and that's final. Personally i had to reach out to a financial adviso (Ava Brenda Harry) for guidance which is how i was able to grow my losing account back to $125k , withdraw my profile right before the corrections and now I'm buying again.

[@LauritsVad]

I agree with you, Her concept is key in beating all odds to excel in the form of online commodity trading, all thanks to my Aunty who introduced her to me

[@KenistonKist]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.

[@GrozaGroza-ko7fn]

I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

[@mikesnoek]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@jadewashington7]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@ReuletRikki]

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

[@lapetiteblonde]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@EcomCarl]

Breaking down a $100k goal into manageable steps is a game-changer! Focusing on debt elimination and smart budgeting are key moves to reach it. 🌟

[@nobeliefisok9174]

Really? All of the lifestyle savings he mentions only get you to $5,640 a year. The other $27,693.33 comes from earnings from work. His manageable step to earn that extra money is work a second job at $20.50 an hour for 20 hours a week on top of earning $75,000 in your regular job.

[@soapa4279]

What manageable steps? All he did was basically say you need to save $2700 a month. Then proceeded to use someone making $75K as an example. After tax, that's like $4300 a month. So take out $2700 a month and you're left with $1600 for expenses. Then proceeded to suggest to do side jobs and hustles (which is ironic that means you need to make more than $75K gross)

[@EcomCarl]

@@soapa4279 Implementation is what matters, watching youtube is only a temp guide.

[@ashlyn-marie]

The Lexii comment got me 😂 currently saving for a down payment on our first home, as well as putting my husband through a graduate degree without any debt. Looking forward to reaching our first $100k in a few years!

[@MariaGonzalez52775]

*DONALD NATHAN SCOTT.*

[@zyzzking31]

Me and my wife saved $100,000 in 2 years. We are 31 years old ,in the next year we will hit $144,000 goal. We are planning on paying cash for our first house .It’s really not that hard, just keep working hard, keep being consistent, don’t spend on stupid things 😊

[@COFFEEKlNG]

And make sure to never invest for retirement...

[@christylee6790]

Blinker fluid!!! 😂😂😂 I remember when you told Rachel that and she was trying to figure out how 🤣🤣🤣

[@TheCamBeard]

Using "super easy, barely an inconvenience" in this was TIGHT!

[@alexpietsch7997]

Wow wow wow wow

[@Juanw5ayne]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

[@KaylaRussell77]

Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.

[@MarieRandy438]

Saving and investing wisely while prioritizing necessities and a few small luxuries in relation to one's total assets is a great approach. It helps ensure financial stability and I my for the enjoyment of life's little pleasures without compromising long-term financial goals. It's all about finding a balance that works for you!

[@liamcarpss]

Honestly, I'm surprised that this mrs Angela Christine Derle is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well

[@KathyJvanest]

Ms Angela Christine Derle is a God sent, she is well know for her good personality and successful services here in Mexico.

[@MattHardwood1]

I have made more than 90 K God bless Angela Christine Derle God bless America 🇺🇸

[@Ryanl1333]

I can’t get past pausing retirement

[@helenr4300]

It is easy to challenge people over reaching their available funds - give up X or Y etc. But many people are already running their budget without any fat to shed. When there is no spare after rent and basic foods, already home cook, never eat out or buy a starbucks - then there is nothing that can be saved. I grew up in that home. My parents avoided debt but we were hand to mouth with zero stuff to 'trim'. Investing for retirement? only the state pension. And side hustles? the gig economy was not as it is now. The options were Avon and Tupperware - mum tried both and like all mlms there was no win there.

[@dariandalsen2792]

If you make $75,000 a year you make before taxes $2,884 a paycheck. The goal in this video is to save $2,700 a month. According to the video you're $1,300 short and have to get a part time job to make up the $1,300. If you're saving $100,000 and putting 20% down that means the home costs $500,000. I'm all for saving and reducing unnecessary expenses but you don't save this amount of money in 36 months by nit buying your coffee, eliminating a streaming service or gym membership. What about living on less than you make & having reasonable savings & retirement goals?

[@leejohnson3270]

You getting payed every 2 weeks? I get payed every week, also accounting for a pay check every 2 weeks if you save up that amount of money your close to 210,000 if your saving that 2,700 amount from your paycheck for 36 months (or three years, 52 weeks in a year or in this calculation 26 paychecks in the year) were are you getting your numbers because I don't thing doubling them is good practice for anything financial (especially because any fool with a calculator can make you a fool) [edit I'm the fool, btw are you saying that it's not practical for you to save up just under half of your income a month? If so you need to leave your city and check your bought because that's what I'm doing making less than the 75000 number you used for a yearly estimate ]

[@edwardlouis3428]

This goal is unrealistic

[@jared19882]

If you make 74k a year you take home around 4,650 a month after taxes. That leaves you with 1950 to spend on rent, food, gas, etc. It's doable without a second job.

[@josiahallenswife6899]

How do you spend less than 2k on rent food and gas?????

[@dariandalsen2792]

@@jared19882 it's dependent upon your location. The area I live in rent for a 1 bedroom apartment is $1,400-$1,800 a month.

[@nightbotmike2388]

0:13 I love the Emperor's New Groove shoutout! That is one of my absolute favorite movies of all time!!! I can quote an alarming amount of the scenes from that movie. :)

[@DP2004]

Agree with almost everything. I don’t think you should completely stop investing in your 401k. You should at a minimum get the employer match. That’s easily a 50 to 100% return on your money. Not even accounting for compounding. Which the younger you are the more those dollars are worth!

[@pete5691]

Agree completely.

[@Drewkhat]

yeah but that would prolong how long it takes to get out of debt which means it prolongs debt payments which ciould be going toward the 401k. Get out of debt first, then invest in 401k

[@DP2004]

I get the paying off debt but if you get a dollar for dollar match from your employer, you’re missing out on 100% rate of return. At least get the match amount. Even if you’re paying 30%+ APR you will be making 70% more on the match.

[@rpm2day]

Yes, please tell me how to save 100k when my salary is 50k and bills are 40k. Let me jump right on it…

[@JCtheComicGeek]

I KNOW, RIGHT!😅

[@TommyGunzzz]

Change your lifestyle and thus your bills. Next question?

[@iz1907]

That's what he is literally telling you in the video, lol

[@zyzzuschrist3410]

Get your bread up, brokie. Instead of whining on KZbin comments.

[@Drewkhat]

lower expenses and increase your income

[@cassb4678]

I love the Ramsey plan, but the one thing I have a hard time subscribing to is how lax you guys are on retirement savings. Pausing contributions for 3 years is huge and an easy way to lose 100k

[@nobeliefisok9174]

Its one of the reasons why I mock them in my comments. The Ramsey team consistently ignores the usefulness of debt, and the value of investing early. Its not how much you invest, but how long you do it that matters the most. They harp on and on about paying off debt, and ignore the debt you have to yourself. Saving for a house is a worse investment than savings in a tax advantaged account like an IRA, 401k, or Roth

[@pete5691]

@@nobeliefisok9174 Just do the math. If your debt has an interest rate of 7% and you invest instead of paying it off you invest you are only technically making the amount you make over the 7% interest rate.

[@jordanmadden7388]

If you have no debt, they don’t make you pause anything before saving. They only have you pause to pay off consumer debt which should not take 3 years. And I’d bet a majority of people that don’t eliminate their consumer debt end up taking out more debt via 401k loans anyways. If the average 20 year old did listened to this advice and started investing at 25 vs say 22 it will not make any material difference. They can retire with $15M on one hand or $20M on the other hand. Who cares, they are rich either way. And one way was safer.

[@jordanmadden7388]

Sorry I commented before watching this video. I guess in the context of this video he is referring to pausing investing to save up for a house sometimes referred to as baby step 3b. Point taken.

[@nobeliefisok9174]

@@jordanmadden7388 An extra point as well, if a person starts saving the identical monthly amounts exactly three years earlier, then they can retire almost three years earlier. (not quite three, since social security and Medicare have fixed ages. Let call it 2 years and 9 months)

[@andrewwhite5856]

2 and 5 Americans have a side hustle because we HAVE NO CHOICE. WE ARE POOR

[@LeahRoberts618]

I will be forever grateful to you, you changed my entire 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 Kimberly Smith.

[@AidenCheatle23]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

[@PerkinsSanders832]

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.

[@VeronicaUnderwood-g7f]

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

[@RaymondCooper21]

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

[@LeahRoberts618]

she's mostly on Telegrams, with the user name.

[@ecPaname]

Saving $2700 when I don’t even make that much a month lol. Basically save all my money and don’t spend a single penny for 3 years

[@dirtybloodyheart]

Fr this video is for high income people who dont know how to budget.

[@beth3535]

Stop. Follow the directions. Figure out how you’re spending your money. Set some goals and make some changes. Capture the savings and put it in a savings account. You’ll get better at it over time.

[@ecPaname]

@@beth353580% of my money is already being allocated towards retirement or saving for a condo. Never been in debt and imo I don’t have a spending problem, it’s an income problem which is the whole point of my comment. If I made $75k a year then I would agree with the video.

[@godsgirl8751]

I’m a single mom with 2 kids. Budgeting at any income is something. Find a side hustle like he suggested.

[@shanehayes9164]

78 percent of Americans live paycheck to paycheck GOODLUCK

[@topdog19945]

Saving up for a new car! Well, new to me anyways. Should have it in a couple months!

[@francesmelendez1303]

Same thing, but it will take me a while for that new to me 🚗

[@Liltay0101]

Looks like you have to jump up and down on that table lol 😂

[@randyravis8413]

I’m pretty sure I don’t make 100k in 3 years lol 😂

[@ioNissues]

Sounds like a skill problem

[@randyravis8413]

@@ioNissues I got a GED, my house will be paid off in November. Cash is king and if it never hits the bank it doesn’t exist.

[@c2s2942]

Considering that the average household income is around 75k and the average housing cost is around 2k per month, and people have other expenses and need to eat food, this is extremely unrealistic.

[@jared19882]

He is telling you to NOT BE AVERAGE. Get a second job...

[@autobotdiva9268]

is that $75k with 2 jobs? because thats not realistic

[@beth3535]

These replies are excuses.

[@kaitlyncranwick]

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

[@BiancaSherly-qt6sb]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a-lot of wealth transfer in this downtime if you know where to look.

[@maryHenokNft]

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.

[@maggysterling33254]

@@maryHenokNftKudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

[@maryHenokNft]

The decision on when to pick an Adviser is a very personal one. I take guidance from *Gertrude Margaret Quinto* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@StellaMaris-lv2uq]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

[@Leeandemma88]

In 2020 I had about £5,000 in my bank account. Ditching the finances cars, motorbikes, expensive phone contracts, unused subscriptions etc I have managed to amass £250,000 in liquid stocks and cash. Wish I’d been doing this since I was 20 rather than starting at 33.

[@punisher6659]

Thanks for your content.

[@BigPhilly15]

If you stopped contributing 15% to your 401k you wouldn’t have an extra $930 per month because that amount would now be subject to normal tax withholdings, so you’d clear about an additional $650-$740.

[@oliviaralston1]

Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy.

[@patricklemmy679]

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

[@Kennet.Bell.]

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

[@zoeyswaniawski7306]

​@@Kennet.Bell. You are right. Been thinking of going into gold and cyptocurrency

[@Bireshprema]

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

[@EudoraChristanne]

You’re right but a lot of people remain poor due to ignorance

[@amberstephens30]

This was extremely encouraging! My husband and I just talked the other night. We would like to buy a bigger house. Over the next 3-5 years, we will be working extra hard to save.

[@maxm2656]

I’m from a state with ridiculous income tax and for me this isn’t feasible. I make 75k a year, live at home, pay 1k rent, take my gf out once a month, fill up gas once a month, take the bus to work, and help pay for groceries and utilities. This isn’t viable for me but I’m still doing my best to save as much as I can. I’m at 22k rn saved in cash with other money in retirement accounts

[@adririficlife4884]

My wife and I are saving towards a down payment for a mortgage. Our goal for this year is JMD 2 million. Doubt we will find a house in that price range but sticking to that goal until we see what the market is like at the end of the year.

[@joea9222]

Why'd you have to mention blinker fluid? Brought back hazing memories of the military lol

[@AmberRen]

The Emperor’s New Groove opening 🤣🤣 Y’all are having too much fun editing these videos 👏🏽

[@Arnold001-1]

Lmao at the Pitch Meeting clip “super easy barely an inconvenience” 😂😂

[@latimer442]

Referencing the Pitch Meeting is tight!

[@davidpare295]

Its possible if you are willing to grind ! I cleared my debt 3 years ago, and with a 90k salary + 25k of side hustling annually, I managed to save my 25k of side husseling every year and now 1 year from the 100k goal !

[@sallyprzybil2404]

Great video, George! The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@Joenzinator]

And when you hit a million, it’s very anti-climatic. Just preparing you lol

[@soapa4279]

And once you hit $100 Million, you elevate into god status

[@DsiakMondala]

@@soapa4279 At 100 bi you just overflow back into ameba

[@CharlyCD93]

Wait till you reach 10 million then you’ll hit 100 million in the blink of an eye!

[@BigJohnM]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money.

[@notme8152]

Saved 100k € in 4,5 years with a car loan, no defined budgeting and not so high income. Now the car is paid, and the incomes are higher, both hubby's and mine. We made up a budget plan and will start investing the next year, and saving another 100k to invest in 3 years from now on seems absolutely doable.

[@napoleonwilson3912]

"George Kamel is tight!"

[@Markrtsoon]

First thing is to have an acceptable income. If the income barely covers the expenses. Then, saving $100k will be a mission impossible.

[@Penlandadam]

Having a savings goal of a hundred thousand is nice, but it would take you doing this weekly: 3 years is $641.03 weekly 4 years is $480.77 weekly 5 years is $384.62 weekly 6 years is $320.51 weekly 7 years is $274.73 weekly Not included with interest. With interest would get you there faster. Just use this as a branch mark.

[@stevenewsome5306]

That’s assuming 0 gain. I saved 103,000 In 2.5 years after paying off all debt in 1.5 years first. I invested heavily and now have 95k invested and 8k cash. 28500 is gains.

[@Bumbleke]

Why are there so many bots????

[@johnsyler8580]

I clicked on this to see how unreasonable and unworkable this would be. I was not disappointed.

[@nobeliefisok9174]

I watch his videos to see how bad the advice is too. He's just working (KZbin videos) to make a buck. Hopefully everyone realizes the advice is woefully inadequate

[@MSFighter07]

@@nobeliefisok9174 Says the broke people.

[@soapa4279]

@@nobeliefisok9174 Yup. I think if the goal was something like $25K, or even $50K. It might be more doable and worth a watch.

[@pete5691]

😂

[@beth3535]

@@nobeliefisok9174No worries. Watching channels like these and readings has helped me manage what I have and build a muck more secure financial life. House is paid off. Car is paid off. Zero-based monthly budgeting. Even my part-time job increases my 401K balance. What you do with what you have is what is important.

[@ryanshinermusic]

What I generally don’t like about videos like this: The hypotheticals are usually unrealistic. Like after taxes and whatnot, I don’t even take home $2,700 a month. Most people at most are paying for one streaming service and a lot of people don’t go to the gym and exercise at home (plus let’s be real, gym memberships are scams since they’re unbreakable yearly contracts). I don’t know many people making over $70,000

[@hugoisaacalvarengabernal7976]

People who live in the United States make me laugh and they say they can't progress. Being here in Central America, I invest in the United States stock market.❤❤

[@lateshachurney5965]

It’s all about their choices

[@METVWETV]

​@@lateshachurney5965 Their poor choices that keep them Poor!

[@jowill76]

You send your money to another country? 🤷‍♂️

[@hugoisaacalvarengabernal7976]

@@jowill76 obviously through Brokers... I follow the main indices through ETFs

[@cristinadallavalle1712]

​@@jowill76 do you live outside the USA, say in a developing country?

[@johnjones6890]

The app needs to be available in the UK

[@TheAppleBias]

is someone seriously paying 185/mo on a gym membership? Thats an insane amount unless you get a trainer with that at least some of the time.

[@johnsyler8580]

My membership with a military discount is$10 per month.

[@TheJonOrtiz]

Why don’t you use a more realistic income? Like the average American income for these numbers and examples

[@nicomyth]

Perhaps the better advice for us regular folks is to try to save 10% of our income/yr. That is on top of your retirement savings you already do. 10% should be a realistic goal for anyone and if saved & invested you quickly see the snowball effect in your favor in a short time. $100k is an arbitrary number but the concept of creating a goal and breaking it into smaller steps is applicable to everyone. Pay yourself first and create a saving/investing habit.

[@jade-oh5wn]

i have scoliosis too. From junior high to high school, they wanted me to wear a back brace, but I refused. I am 50 years old now & I still regret not wearing it. I don't have back pain, but it has affected my walk. People think I am twisting or shaking my hips or think I am trying to walk sexy or cute. This is ruined my self esteem & I live as a hermit. I could have lived out my dreams earlier, but was ashamed of my appearance, but now I want to live my dreams, but the world has changed so I must tweak my dreams with the times.

[@MicahMoneyMatters]

Very good video, love the topic. One thing I talk about on my channel is that you have to spend as little on the things you buy as possible! Sacrificing the the things you need is not the only solution. Again paying less for things is a solution too, Use Coupons, Wait until things are on sale or clearance too, and lets not forget buying used/preowned. Every penny counts and they do add up. What does everyone think?

[@BK-gh9us]

“Would you rather have an incredible down payment for a 🏠!” The problem with that is someone who’s saved $100k in the last three years (a substantial sacrifice) is actually farther away from buying a house than they were. I.e. say you had 10% down three years ago. Add your $100k savings to that 10%, and you are even worse off than you were then.

[@emoney1231]

TOO MANY SPONSORS!! Quit shilling products on a video about saving money. It just pushes consumerism that people who are smart with money need to fight.

[@ShawDAMAN]

The easy response is we need money to give you these videos for 'free...' it is definitely annoying but most people in his position are going to take the easy revenue, I get it

[@seminolekilla]

Not hard to not buy something

[@daltonbrasier5491]

Spending money isnt wrong. Spending money irresponsibly is wrong. If he charged you to watch these videos you would be just as mad, if not more.

[@deborahmeek6529]

All the money saving shows do it, so does Ramiro Sethi, I just ignore it.

[@robertkrumm2470]

Fast forward

[@Fe26man]

I had to pay in to taxes this year. Over $500, and I’m W2, and already had paid thousands in all year. I claim 0 dependents, even though I (1 person) do depend on the income. I was in tears after getting my taxes done this year. I’ve gotten over a thousand back every other year. One year I got over $7K back! What the heck?! I had to dip into my savings for that, and haven’t been able to catch up and replace that money. It set my year off going downhill and I need to change this around ASAP.

[@jared19882]

The government did a revamp of how taxes are withheld with the intention to be more realistic. Their goal was to get it to where you get back/owe $0-$500. It works out quite well because if you've seen Dave or George videos them owing you a bunch is bad. The money you were paying extra previously was just being paid to you directly now, so make sure to start saving and it will make taxes better, even owing.

[@untouchable360x]

I stopped doing cocaine and I saved $100k in 3 months.

[@LucTrinhHan]

Your content is so much more genuine and trustworthy and it would help us immensely.

[@DrMuffins354]

CrossFit costs $185 a month? Y’all, there’s way cheaper ways to hurt yourself and do cardio

[@andreavandekleut6379]

and where do all these people live in a tent on wall street rents are at least 1200 p,m, utilities 150 , taxes , food thats it! the money is gone not sure how i;ll fill up the car come Monday OH wait let me put 2800 in a savings account , real quick

[@ericar.6370]

😂

[@ericar.6370]

@@andreavandekleut6379you’d have to get a second job. He says this in the video.

[@emilyturnbough1754]

Thanks for the great info, I love how you break it down in easy steps! ❤

[@alexandershultz9913]

Currently saving for wants. I've got a truck i'm rebuilding that will give me more value than what I will have in it, dollar wise. I am also building a shop so I can start a small engine repair shop as a side hustle. And eventually, saving for an extra set of tools in the shop so i don't have to bring my tools home from work every day/weekend.

[@RosalieXimenes]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

[@AnsjeHarris]

A robust strategy is crucial for any investor's portfolio. When it comes to making high-stakes decisions, the greater the risk, the greater the potential reward, and it's wise to seek guidance from seasoned professionals.

[@LouxCazaree]

A lot of 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 $850k.

[@PaulStaniscia]

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

[@LouxCazaree]

Actually its a Lady. Yes my go to person is a ‘Marisa Michelle Litwinsky. So easy and compassionate Lady. You should take a look at her work.

[@PaulStaniscia]

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

[@ScottishJazzman]

Sorry George, you’re not taking my gym membership. It’s a cost, sure, but that cost buys better physical and mental health and a pre-paid social environment.

[@BeccaS-g9k]

Not paying tax on the side hustle income?!

[@user-strength10]

Congrat's on the quick channel growth George, i'm an OG subscriber from when you started (which in terms of youtube wasn't long ago) and now you over 200K sub's (and duel sponsorships)

[@kevincross1240]

I was excited about the title but I only make $2,700 a month so guess I won't be involved in this deal.

[@soapa4279]

Easy just invest 100% of your income, forget eating, sleeping, and living. -George

[@jared19882]

What are you doing only making that in a month in 2024??? Part time?

[@CraftingDivision]

I think the most overlooked way to make extra money is to work overtime if available, especially if your company pays 1.5x time. Thats where I make a lot of extra money.

[@RusuSilva]

As a passive investor, is it wise to buy market tracking index funds and ETFs from companies like Blackrock, Vanguard and State Street, even when they're at all time highs? i want to invest around 600k for retirement

[@RossiPopa]

These funds offer diversification, low fees, and long-term growth potential. Given the significant amount you plan to invest, consulting with a financial advisor can provide personalized guidance tailored to your specific situation and retirement goals.

[@FusunTumsavas-cq7tp]

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

[@KeenanHumbles]

pls how can I reach this expert, I need some investment guidance

[@FusunTumsavas-cq7tp]

I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Amber Michelle Smith" for 6 years and highly recommend her. Look her up to see if she meets your criteria.

[@KeenanHumbles]

Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

[@Draggonny]

$100,000 for a house deposit is madness. I could have bought my entire house in cash for that.