1) Pay off all high interest debt 0:20 2) Have a 6 month emergency fund 1:11 3) invest 10+% of salary 3:05 4) Have monthly money meetings with your partner 6:06 5) save more (a buffer) than cost of large purchases 8:37 6) donate 1% of your salary 10:22 7) make a 10 year bucket list 12:01
@l0v3emily4 сағат бұрын
1 Year away from 30 and I am so glad I found you when I was 28. I have completely changed my outlook on money and finances. I will actually be net worth positive by 30 and I am so excited for the future. Thank you! :)
@Jungles_of_Lustria9 сағат бұрын
I'm 37 years old. 110,000 in debt. doing everything I can to put every penny I have towards paying that down and then hopefully by the time I am 45 I will have been able to have saved up an emergency fund and pay down my debt. it's a late start but better than no start at all
@JayseabeeSTL8 сағат бұрын
Exactly right, better late than never, keep up the great work!
@ItsFreshCut7 сағат бұрын
Tackle the high interest debt and then build an emergency fund. The low interest stuff can be the last thing you pay down after you start investing. Don’t miss out on compound growth.
@me01010010009 сағат бұрын
This is pretty similar to Money Guy. No debt except the mortgage, 6mo emergency fund, Save/invest 25%, do a financial audit with your loved ones, save in advance for big purchases, be giving especially to your community. I was generally expecting something that was exactly the same. No shade to you or Money Guy. It's just that the best fintubers tend to say the same thing, which is definitely a good thing. Though the 10 year bucket list caught me pleasantly off guard. I love that idea!
@onestrangeboat6 сағат бұрын
This was awesome! Could you do one for your 20s, please? Turning 25 and hoping to get financially confident and independent this year! Congrats to all the 30-somethings and beyond making your rich life happen!! Looking forward to it! It feels the best to be in control :)
@Endohell29 минут бұрын
It is the same logic more or less Don’t go into debt, if you still live with your parents, invest almost all what is left for example (money or skill), etc.
@quil10it9 сағат бұрын
1. Pay off credit card debt 2. Save up a 6 mos emergency fund 3. Invest 10% of your paycheck and increase by 1% 4. Monthly money meetings check IN 5. Save a buffer for each large purchases using percentages 6. Donate 1% of your salary 7. Make a 10 year bucket list and plan it don’t just dream it build in a buffer take 10 mins 8.
@Cope_934 сағат бұрын
wouldnt do 6 or 7. 3 month of actual spending is in my savings account that should be plenty and i invest more like 25-35% off my income.
@omni15623 сағат бұрын
Thanks a lot! It's valuable info but i don't get why he doesn't put timestamps
@RxGamer201828 минут бұрын
I’m 36 now and so thankful for this video I honestly never was taught this type of information which is super helpful and I’m so glad I subscribed to you today. Sapan
@goutes12319 сағат бұрын
Thank you, I’m 33 and really working hard on a lot of these topics you discussed.
@rasheedaogburn1236 сағат бұрын
33 and same.
@ArtAnimeEmerly10 сағат бұрын
Love the bit about giving back. Im currently a student so dont have the money to give but instead I do it with my time by fostering dogs. Hopefully once i graduate i can give financially too
@robmarney5 сағат бұрын
Late 30s here, can confirm that giving to charity and volunteering is money well spent
@JasonNellis4 сағат бұрын
Ramit + Editor - could we get chapter time codes in the description? It would really help when I'm showing these videos to my others and finding the parts I really need them to see
@TripSoul108 сағат бұрын
Got debt free at 37 & within the next year hit the $100000 retirement total milestone while growing the accounts with contributions. Hoping my 40s gets my accounts to bigger numbers & other first time milestones to achieve.
@yuliabrynskikh2627 сағат бұрын
I'm about the same. 38, about 100k in 401k. I gained a small cc debt, hoping to pay it off in several months
@J_aech949 сағат бұрын
This video could not have come at a better time. I will definetely rewatch this for sure. Definetely made it a goal to change my financial situation in my 30s. Thank you ❤ ❤❤❤
@zenbrandon9 сағат бұрын
I turned 30 last year, perfect timing Ramit!
@endrutatic5 сағат бұрын
This video is a game-changer! So much helpful information packed into one clip. I personally don't like promoting anything in comments, but I simply have to share with you a book called The Gilded Nexus of Prosperity, that book changed my approach to money, the methods in that book are impressive
@MomKukunka5 сағат бұрын
I used some techniques from that book to make money, and I can truly say I'm earning more now
@shirleyfgfgh70827 сағат бұрын
I clicked reluctantly because normally these videos make me feel so behind , but I loved it! Actionable steps and no guilt trip because we haven’t saved already 300K !
@jwarnstarsmileСағат бұрын
Same! Most relevant 30's video I've seen!
@nodsib5 сағат бұрын
These are all really awesome, I’m in my late 30s trying to shift towards rich-life mode, I’ve usually run with only a month or so for an emergency fund because I would rather have funds invested, but in the last month I withdrew funds and set aside an actual 6 month emergency fund. I also started setting money aside towards other goals like a really big trip we want to do four years from now, so I set up a weekly amount automatically going towards that, and I built in the extra 50% of the expected cost. I don’t make a high income and I’ve always naturally been frugal, so the shift away from trying to optimize every dollar and stress over $3 questions to planning a rich life and thinking bigger isn’t always easy
@appleztooranges19 минут бұрын
30’s are my worst year. My sister died and depression was a huge factor after. All I wanted to do is spend to get my self out of depression
@coconut45473 сағат бұрын
I turn 30 next week! This came at the perfect time
@richardthegreat10 сағат бұрын
How does he know I'm in my 30s!? 😂
@vosk648110 сағат бұрын
It's your data from accounts, etc. KZbin knows that data
@dmgainsguitars10 сағат бұрын
It’s probably youtube that decided to recommend you the video, not the creator. I’m in my 30’s too
@richardthegreat10 сағат бұрын
😂
@thebossdawghomie9 сағат бұрын
Because you're the ones that finally woke up from that fever dream called your 20s, and realized you are not invincible, nor did you join the 27 club, and you should probably start planning out your life like you will be there for it, and are watching every single financial video ever created. Ask me how I know. 😅
@miguelsuarezr9 сағат бұрын
Seriously!! Just turned 30 last year lol
@Mads15123 сағат бұрын
Im 16 years old, currently working a studentjob for 500 dollars investing all of it. Keep going like you are right now and Thank You for ur advice! ❤ :)
@AltayBaghirovv9 сағат бұрын
Im 18 years old boy, who train a lot , who work a lot on himself to make his best version, i ve watched your netflix series, im working,making money, and investing as much as i can, networking, and etc.. but what else do you suggest that the financial things this 18 y o boy should achieve before 30s?
@desiv30258 сағат бұрын
Save what you can and enjoy your young age. I'm in my mid 20s, learning how to balance my financial goals while still going out with friends and having fun.
@AltayBaghirovv7 сағат бұрын
@@desiv3025yea actually thats what i do as well in my age
@BeardedCarBuddy8 сағат бұрын
Clicked on this video with shaky hand as I near end of 30s
@rayofsunshan3 сағат бұрын
Wow it’s a relief to know I’m more on track than I thought at 26. I’m grateful for everything and everyone that has allowed me to be in a decent position.
@PoloGrow9 сағат бұрын
Right on time, excited to see the show tonight!
@nataliepyn16 сағат бұрын
My 2013 Ford fusion has been a beast! 203k miles and still going strong! 💪
@patriciaa445110 сағат бұрын
I'm 33 this year and working on debt payment and emergency fund. It's not too late to try, guys.
@hoodyhoopers10 сағат бұрын
You're still too young. I'm 36 and I'm working on the too. I'm almost two months of emergency fund savings and credit card debt free this year.
@samtrez_8 сағат бұрын
Ramit I think your underestimating the optimal comfort of a Uniqlo sweatshirt…
@bookwormbon4826 сағат бұрын
4:13 can you do a video on UK investing?
@jamesgibb93412 сағат бұрын
Im 34 and have about 40k in debt. Doing what I can to get rid of this debt before focusing on emergency fund. I'm hoping to get this debt sorted by the time I'm 37. I'm hoping to have 6 months emergency funds by the time I'm 40. I have 40 a fortnight to start investing to start with and have about 1500 so far. A lot of work ahead, but at least I got started
@jxj59246 сағат бұрын
I’m heading into my thirties later this month so this is good timing. Edit: I’m in the 6-7 range so I’ll get cracking on those.
@coya8coy6 сағат бұрын
I’m afraid to admit what my rich life is because it won’t be easy and I’m very afraid of not completing it. It’s just so much easier to stay in the same place and stack cash than it is to spend it and move forward.
@MattsGamblingSlots2 сағат бұрын
Ramit "Your 30s are a critical decade for your money!" Sethi
@yuliabrynskikh2628 сағат бұрын
I've been on and off with cc dept. Played it off several times and went back into debt
@kenthoover35737 сағат бұрын
I just turned 30 with $380k invested, 60k in emergency savings and $100k in home equity. What now?
@last9up5 сағат бұрын
Enjoy life a bit :D Keep doing what you are doing and enjoy a financially independent life when you are ready to retire. Don't fix what ain't broke.
@Monica-704 сағат бұрын
Congrats! Excellent!
@pdpgkeeperСағат бұрын
Try to get mortgage free by 45 and keep doing your thing! Congrats
@jakebcampbell58 минут бұрын
Live your life
@rowantree1987 сағат бұрын
New investment calculator! I was hoping you would make one. Thank you!
@lieliebaby9 сағат бұрын
OMG! Don't lie to me Ramit. I WILL- be waiting for you and your family in Argentina in 5 years!
@gigglegagaing53 сағат бұрын
I saved 45-50% of my income. I’m 37 years old this year, a mother of 2 and a wife.
@IrisP9892 сағат бұрын
Do you live in a low or a high cost of living area?
@dianediliberto18763 сағат бұрын
Thank you.
@Relliepooh297 сағат бұрын
I’m 34 watching this video and I feel so behind in life lol
@AbiTheEngineer6 сағат бұрын
I just turned 30 and I'm excited to hear that I'm on the right track!!!
@bookwormbon4827 сағат бұрын
2:53 is that 10% savings based on gross or net salary?
@k1n3t1c5 сағат бұрын
Net. Ramit has a spreadsheet. It uses net.
@CNRADMSN3 сағат бұрын
Gross. Aim high
@WealthyChronicle2 сағат бұрын
Saving a 6-month emergency fund sounds daunting but totally necessary. Anyone else feeling the pressure to up their savings game?
@Sandra-i8j8f2 сағат бұрын
Great analysis, thank you! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). What's the best way to send them to Binance?
@paulsmith29410 сағат бұрын
I am currently doing 15% in my Roth 401 with my job and matach at 5%. Should I still increase my investing %?
@stephaniel686710 сағат бұрын
@@paulsmith294 yes
@goutes12319 сағат бұрын
That’s amazing.
@Kac2rhyme29 сағат бұрын
Omg I thought my job was bad. 1/3 match
@Applauseify7 сағат бұрын
If you can then 7000 in roth and 23000 in 401k is the amount one can save.. if you can afford to save it then why not.
@rasheedaogburn1236 сағат бұрын
This guy governments
@rayzerot7 сағат бұрын
6 months of emergency funds in your 30's is excessive and a *huge* drag on your investment goals. The exception is if your work is seasonal or if you have unstable employment
@Applauseify7 сағат бұрын
Is any job stable the way corporates have contracts where they don't need to give notice and they find logic to not give notice
@jetteharris912836 минут бұрын
I would love to hear what you know about green investing. I would love to invest in sustainable accounts. I have an end-date index fund, but I don't know what that money is supporting, and I'm reluctant to investigate and make swaps within that fund.
@Nyteshade0078 сағат бұрын
Hey Ramit, quick question. If my employer contributes 10% of my salary into a 401k automatically without my contribution, does that count for the 10% in investments or do I still need to get to 10% contribution myself in addition to this? I know ultimately I want to invest as much as I can but for right now while I tackle debt, I'm only taking the 10% from my employer and putting in 1% on my own Roth IRA.
@TripSoul108 сағат бұрын
If it is one with the match then you want to match that contributions to meet the requirements. Some companies ask to contribute for them to match up to a certain amount/percent.
@Nyteshade00739 минут бұрын
It's an automatic contribution from the company, no matching required. I've had ones before that require up to a certain % contribution but this one is a bit different. They put in 10% automatically as a benefit.
@TheUrbandilema6 сағат бұрын
Awesome video sir I love your content I have been started my csp and go nna be trying to invest in a stock portfolio I am 38 living in Trinidad and Tobago with 1 kid and 1 on the way..saving is hard but your csp is helping will be trying to get your book at pay day as gift to me and my spose God bless have a great day
@buckwildz8 сағат бұрын
Turned 40, just checking in to see what I screwed up.
@Vanessa5054-s7r8 сағат бұрын
I'm 55 years old with not enough set aside for retirement at this point. I have always been curious about the market and have witnessed people who played the game right and retired early. Some claimed they started very small, but their portfolio grew over time. I do have a significant amount but I’m unsure about which strategies or approach to take in order to achieve good returns. I'm open-minded and would appreciate any help or guidance
@rayzee028544 минут бұрын
Can you do one for your 40s??
@kathrynbyoutube6 сағат бұрын
Tbh I have my donations scheduled so I'm sure they happen and organizations can rely on them, but that also means I don't actually think about them that much. They're not memorable at all. It is fine, it's just not something I'd oversell as an experience.
@adechesaiki31352 сағат бұрын
Just turned 35. Need so much help
@Kac2rhyme29 сағат бұрын
1 hr club 🎉
@rachellemauvais40997 сағат бұрын
Is furniture considered a large cost in your opinion?
@Applauseify7 сағат бұрын
Depending on how much you soend..some people spend over 8000 in furniture when they can't afford..
@julieannharrison7 сағат бұрын
Checked out your investment calculator and there seems to be a bug on the contributions form field or I am misunderstanding its meaning. Took a minute to find out the problem but couldn’t find the JavaScript updating the field
@mrmistmonster5 сағат бұрын
The only financial channel where the host will snipe people for paying 50k+ for a fucking Jeep and I appreciate that.
@HuyNguyen-yn9il3 сағат бұрын
I consider Long Term Care Tax in Washington state is my donation, until they remove it or put a cap on it.
@IrisP9892 сағат бұрын
Why would we rush to pay off our rental at 3% and our primary residence at 2.99%?.
@richardhuynh46464 сағат бұрын
Hey Ramit! I tried using your debt payoff calculator, but it says it will be sent to my email address and there was no spot for me to put in my email!
@juliamontejo15636 сағат бұрын
The week before my 30th bday 😭
@jordenherring13976 сағат бұрын
Watching this at twenty three feels like a life hack🤙🏻
@brendanmachcinski74467 сағат бұрын
What does Ramit consider high interest? I have student loans at 6.5%.
@Nicole-ze4vc7 сағат бұрын
From what I’ve seen he mentions credit card interest (like 20% or higher). I think anything double digit like that is just too costly over the long term. 6.5% is below a conservative market return, so it makes sense to make your normal payments with a plan for when it’s all done.
@Latiosx1238 сағат бұрын
My charity is so simple. All my credit cards points are always below goods I can exchange. Donation using credit card point is an option. I just use up the point and give what is essentially costing me 0
@richardthegreat10 сағат бұрын
No matter how many times people mention number 4, money meetings with my partner, the thought of them still makes me very uncomfortable. Not sure how to get over that. I feel like I'll just be talking and my partner not interested.
@stephaniel686710 сағат бұрын
It's important for you and your spouse to be on the same page. If not, they could potentially counteract the work you're doing.
@Rashaadthegr810 сағат бұрын
get a new partner
@richardthegreat10 сағат бұрын
@@Rashaadthegr8 hahaha, that’s a mature response 🤣
@Rashaadthegr810 сағат бұрын
@@richardthegreat it's a real response
@stephaniel686710 сағат бұрын
@Rashaadthegr8 it's not a real response. Responses like this is the reason the divorce rate is so high.
@DerekSpeedExposure3 сағат бұрын
Dont make enough to max it out 😅
@rancierdiaz3055 сағат бұрын
I’m turning 30 this year. Not saving.
@oreoluwasimire6 сағат бұрын
3 years till by 30s Why am I here?
@Hosk177 сағат бұрын
Bro I'm 29 wth how does he do this haha
@brandonking17375 сағат бұрын
I might be an idiot, but at 1:33 I thought you said a sick and aging parrot
@VertsonСағат бұрын
You just keep making videos for me, lol
@sokkimly81823 сағат бұрын
I wish someone tells me this then
@theAmateurInvestorstory5 сағат бұрын
god im 33 now.
@fromthestretfordend711010 сағат бұрын
Oh great. More pressure. Just what I needed 🙄
@stephaniel686710 сағат бұрын
@@fromthestretfordend7110 there's no pressure. These are recommendations but not requirements. I'll say I've already implemented these things years ago; however, I wish I did it much sooner. Sometimes the small things help as well.
@Austin-fc5gs8 сағат бұрын
If this is your response to this kind of video, maybe unsubscribing would help you be happier
@bethworthley8 сағат бұрын
No pressure, just encouragement! You don’t have to reach these milestones, just work towards these or set your own goals that may be different. You’ve got this!
@MilanSmore10 сағат бұрын
Buy a house right??? 😂
@nikitagajbhiye97447 сағат бұрын
I am an indian i dont even know why am i watching this😂