Money Management Basics in 11 Minutes (For Beginners)

[@samotivationbysami]

After I graduated, I realized school taught me nothing about money. Then I found the book ‘the Richest Man in Babylon’ and learned everything about money that I was not taught. Also started watching videos like this. Lots to learn!

[@ep1929]

Very truthful video, "keep your overheads low & watch your savings grow". Watch the overheads constantly and adjust things accordingly to keep them low. It's not so much about what you earn, it's about the money you don't spend.

[@texasboy5117]

We did the pay yourself first rule for about 35 years. Now retired we have a very comfortable lifestyle full of travel and nice restaurants spending part of the interest.

[@eldorelmurotov]

You are a spark coming out of a flame to help the world thrive

[@marianparker7502]

During this austere times, protecting one's capital is much more important than making money. Basically because if one loses one's capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@Robertgriffinne]

Disappointingly, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.

[@PhilipMurray251]

therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and maximize the profit. It is best not to blindly enter the market.

[@wiebeplatt4749]

You can't really know the full risk rate except you are a Pro. Reason I settled for advisory and guide from a stocks guru, "Stephanie Priscilla Bonillo". Never been the same again with my holdings

[@Natalieneptune469]

@@wiebeplatt4749 Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my portfolio. How can I reach Ms Stephanie?

[@jonathandjing1065]

I work 6 days a week and make 2500 I don’t crave much , save more than 1k per month( I am not in the USA). However, living cost is relatively expensive, 500 on rent and 300 on food and around 200 on utility bills. I know people that blow their entire salaries on unnecessary things. I’d rather save and invest, sacrifice now and live comfortably on my declining years. It requires discipline, seeing your extra money there and not touching it

[@redrustyhill2]

Same here, have for years, often working 6 days a week. I am 44 and burnt out. Just bought a rental house on some farmland. Hopefully before 50 i wont have to do physical work at a job ever again. It wasnt taught anything about investing so this is going to be a challenge

[@prentices2737]

500 on rent in my city puts you in the neighborhoods with poorest people, highest crime, most murders per capita,worst schools etc..no thanks

[@everettcalhoun8197]

First lesson I ever learned from my Dad. It made very little sense to me when I was making minimum wage. Did make a difference when I was working 70 hrs a week @ $30 plus an hour. Lived like I was still making minimum wage and invested the rest.

[@Lil_titan-321]

Same here

[@meegankainady6136]

I do my books every day! Granted at that rate it only takes a few minutes but it keeps me in touch with my financial picture.

[@martyi398]

Setting up automatic monthly savings/investment withdrawals after of course having an emergency fund, for myself has eliminated the need for boring budgets and provides a path to future wealth and helps eliminate overspending

[@corniliuschiloane9938]

I fully agree it is not about how much you earn, it is about how much you keep.But most importantly it is about what you do with your savings.

[@coinbureau247]

Thanks for your wonderful comments and ratings. I really appreciate ❤️. I'll advise you to invest in crypto like I do and make good profits as it's currently the most profitable investment after Telsa.

[@coinbureau247]

Invest in crypto now the market is favourable with the help of my Account manager Mr Oliver Watkins..... and earn huge profits like I do.

[@coinbureau247]

x+1 :7:0 :4 /2 /8 /6 /3 /9 :9 :4 W/h/~a: s / a : p~p~

[@coinbureau247]

Do well let him know I referred you to him...his strategies are top notch ✅...and don't forget to smash the like button..

[@jaksonscarlett2842]

It's such a pity most folks spend more and invest less while intelligent people always try to harness any investment opportunity not minding the risks involved.

[@paulinajordan9047]

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

[@milespeyton3904]

I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading

[@hudsonlandon1031]

@@milespeyton3904 Your right . Ever since I started investing in stock I've had a very good life

[@harperauston3716]

Having a stable investment package keeps you financially stable!

[@evelynavery7039]

@@hudsonlandon1031 the stock market is a vast platform to invest in. It's very profitable especially when you've got a trusted professional to assist you

[@freedomring3022]

5:10 - this is so true. and was true for me when I was younger. I didn't, A) want to be restricted by a budget, and B) did not want to see how much crap I was wasting my money on.

[@EyesOfTheVulture]

That's how wise and clever are taking advantage of hard working

[@letstalksuccess7302]

Goals DON'T make you rich Habits do! ❤️❤️❤️

[@mrzack184]

This video is so powerful

[@hannahschultz9074]

Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

[@kleaghoni3883]

I've got interest in investing but I'm afraid of doing it on my own to avoid losses,

[@kleaghoni3883]

Thanks for the amazing recommendation it will help a lot

[@adasohas]

A friend that I referred to her just received €61,050 profit after 6days of investing.... I became jealous.. Lol

[@cedricjiosh6935]

I'm not here to converse for her but to testify just for what I'm sure of,

[@cedricjiosh6935]

I've never heard or seen any of her clients complain of lost....I think she's just too perfect.

[@jackdavid4364]

Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

[@ryancynthia3422]

Assets that can make you successful at this moment are:

[@ryancynthia3422]

. Shares .Stocks .Forex .Real estate

[@steveashley8260]

@@ryancynthia3422 Yeah you're right, that's why I had to start Forex trading two months ago and now i'm making benefits from it now.

[@alexstephanie8051]

@Scott Nicole O ' Yes I'm a living testimony of her good work expert Debra Barton

[@alexstephanie8051]

Mrs Debra Barton has changed my financial

[@JohnWick-se5zb]

I have been watching some videos and I was thinking about investing, but still don't know where to start from

[@XerazadeMelo]

I want to start too but I don't know how

[@lindajennifer5827]

@Patrick Fred I'm from Spain I have been an investor in the crypto market for over 2 years now

[@lindajennifer5827]

Now is the best time to purchase and invest in Bitcoin stop procastinating

[@mcqueenstephanie349]

@@lindajennifer5827 I recently got into Forex trading and im already marveling over the profit I'm making, I'm like " how the hell have I been sleeping on this

[@kendrickshadrack4580]

Same here, I wish I knew about this Bitcoin earlier

[@andersonfraggy3100]

I've been digging for clear indication and a plan. I have saved 300k up. How can I deploy it to prolific lnvestment? Reading books on investing and as well get started. Thanks

[@theodorerossi7998]

When it comes to investing, the best to achieve a prolific investment is by working jointly with financial professional as a solid support structure. Been into the experience for years and has been the best for my finance

[@andersonfraggy3100]

@@theodorerossi7998 Thanks so much. I'm fascinated with investing but really need help to get started, how can I get in touch one? I'll appreciate any recommendation

[@theodorerossi7998]

As to get in touch, I can speak well of *Olivia Charlotte Oswald* a well known advisor. Just make quick internet research with her name mentioned where you can easily look her up and as well write her

[@gabriellataller1833]

KZbin has been of great help to many facing challenges of making best decisions on what to invest in, but it's not enough cause most people don't understand what they watch. So it's important to seek the advice of a professional before any investment decision

[@rayeugene3180]

Olivia is the best in this space, I'm happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides

[@folliesofmen2628]

In the Asian culture we are taught early on that a penny saved is a penny earned. I always have trouble understanding why ppl need all those flashy stuffs to survive. I never hv a credit card and only buy what n when i need. Ik I won't be super rich but at least a comfy life after retirement is guaranteed

[@louisclifford9874]

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@anthonysam9391]

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

[@tinythomas4438]

It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

[@wilsonbrown8993]

Having monitored my portfolio performance which has made a jaw dropping $370k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.

[@louisclifford9874]

@@wilsonbrown8993 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

[@wilsonbrown8993]

@@louisclifford9874 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.

[@ernestgreen254]

So true

[@arafatbukhari4424]

Excellent 👌👌 video

[@trevornicolas684]

Practice minimalism !

[@sydneyspringle495]

Thank you so much for sharing brother

[@cooperscreditconsultingint6792]

Great value! Thank you!

[@economicdevelopmentplannin8715]

Income minus expenses, is what matters. No better place to have higher income minus expenses, than DC area, for black Americans. Typical income for the largest employer is 130k. Meanwhile a bedroom bathroom suite on bus stops costs 150k. After that, taxes and utilities are only needed which allows plenty of cash flow to help family replicate this model.

[@benedetteekemuma3158]

Imagine if this was taught in all levels of education from an early age. Thank you for this.

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@benedetteekemuma3158]

@@1closerthanyesterday767 thank you really needed that

[@2ndChance54]

Thanks for the video. I have started keeping small amount of my income and that gives me security as person. I can note the difference between when I was working without keeping money and when I am keeping something now. This video is exactly the kind of habit I have started to develop. Thanks, obe more time

[@ToquzOghuzKhaganatekhan]

Hey bro ! I clean fresh and organized cut with all Balkan deceivers ! none single of them left ! none of them !

[@reynaldoalojado3989]

Yes!

[@depayvulola]

Helpful thanks!

[@matthewbrown6163]

I heard once you need to operate on a budget. You set an allowance & replace the remaining money into an envelope or rear of my wallet & then you have a fresh amount the next day - you can easily save a few hundred a week without fuss. I was once pad monthly (yes it sucked but I had more money) so I withdrew $2,000 after I was paid, I paid rent & bills I allocated money for fun & savings. Week 3 of the month & I was fine, I never went to the bank again nor used any cards - it was a great way to save, but bloody annoying when you waited weeks to get petty cash back.

[@mayuquitomayu4743]

Money management is what keeps you away from disaster. Well stated. This video tells you not to make expense and income balancing an incidental or accidental outcome. Instead, it tells you to make it intentional. And that is the objective of managing your finance or anything else in your life. Make it a decision. Don’t let spending, saving or investing a haphazard event.

[@dynamics9000]

Any mistake you make is an investment, but if you repeat the same mistake you are wasting your time ... learn from every mistake . a fellow creator

[@yongchen4158]

Money management more like savings money weekly or monthly control in plus spending

[@dalilaohb86]

The best way to invest now is to invest in your knowledge of the financial markets, the rest is really up to your decision making.

[@Andres34566]

I tried taking a trading course in my early years in medical college, it did not turn out so well, eventually I caught up, truth is it takes time and a lot of rare youthful patience to follow through the process, but if you really want to get the ground running then you'd be needing some external help, had to seek some for myself after a while, and that was where my motivation came from.

[@ina-Marine902]

The motivation to learn is just auto charged once someone else starts helping you to earn, spread some of my funds with some traders after I unsuccessfully tried to learn, Elton Stephens was the most notable, tried signing up for his mentorship course then but I was too late and it was pretty expensive

[@whatsapp4947]

wow you know elton stephens? he used to host seminars in my campus back then, have you ever wondered how he's so good with his trading results lately?

[@jeremiahmicheal3305]

Undoubtedly speaking Elton Stephens is the best trader I have know so far. I'm not really cut up for giving accolades but I must commend his efforts. I invested $6,500 and he made profit of $29,000 in space of 15working days. Indeed there really is more to this than the eyes sees sometimes.

[@gennywilly2933]

@@jeremiahmicheal3305 No one is doubting your judgment about the said Stephens Elton, but the truth is People are scared of investing because of high rate of scammers in the market, but of a truth there are scammers and there are genuine traders.

[@jon6309]

The problem is there needs to be a balance on how much you spend from what you make. I used to be a penny pincher and go through great lengths just to save money when the true purpose of money is to be spent eventually. I’m not saying to go on a splurge or spending spree but saving money should never affect your quality of life or morality in the hopes of saving a buck. There is a differentiation between frugal and cheap people. Frugal people are value finders who are trying to maximize their dollars to get the best quality for as little as they can even if it requires spending more money initially, while cheap people avoid spending as much as possible even at the expense of their well-being. My grandparents were millionaires but acted as if they were poor and living through the Great Depression all their lives. They never enjoyed the millions they accumulated and it was never split through their wishes upon their death. My greedy cousins took it all by manipulating their trust documents and wills and are wasting the money as soon as it went to their hands. If you don’t spend your money someone else will since you can’t take it with you to your grave when you die. Inflation can eat up savings and although you can invest your savings to beat or keep up with inflation you are still taking that risks since investment returns are never guaranteed. It took me years to realize to balance this and although I am still cheap on certain things I am slowly learning to enjoy my money!

[@_lyli7564]

Good for you Jon

[@monikaw1369]

That is the idea! You saved, so that you can spend later. There are so many people that spend their future in the present. I have always believed as I get older a job may be harder to come by, be prepared just in case you get laid off.

[@markm0000]

Another thing is don’t keep mountains of cash in the bank. Always buy assets that have a return or just naturally increase in value along with inflation. I wish I knew this years ago but I’m still in my 20’s so it’s not the end of the world. I also screwed up my college career but found a fulfilling alternative career so things are looking good. My hardest thing now is trying to acquire assets without having a big income and not using debt.

[@jon6309]

@@markm0000 I actually have this problem of stock piling cash. I actually majored in Finance and work for a bank’s wealth management division. You would think I would be applying my knowledge and expertise to invest my own money and make a good living but the truth is I fall in the category of preserver and can be very risk and loss averse. It took me awhile to work with my behavior and come up with a better plan and strategy and I am currently still learning on my own today which was much better than the finance courses I paid for in college. My rule of thumb is to save 20% of your money in cash and spend or invest the rest! I looked at my overall bank balance and my paycheck to do the math and I am comfortable with 20% of what I have. I now view investments as something that can’t be guaranteed but is worth the risks. I have back up plans in case my investment strategies does not work but I do hope to accumulate more wealth so I can invest in high yield stocks which could be sufficient income for me to the point on not relying on my job for my main source of income if I want to quit for whatever reason.

[@TheDhammaHub]

So true, even the best-earning people frequently go bankrupt because they have no idea how to manage money

[@KrlosF]

Great video!

[@ayeflippum]

It's definitely about how much one makes. The more one makes, the more one can keep.

[@ayeflippum]

@@thierryestiverne4686 First, learn proper grammar. Then, learn how to read. Then, re-read my original comment.

[@Kpelz]

Not really. Have you heard about the janitor that died a millionaire? The thing is to be smart with money no matter how much you make

[@ayeflippum]

@@Kpelz What do you mean by "not really"? So, you're saying that, for example, a person who makes $50 per hour has no advantage over one who makes $8? Are you high?

[@Kpelz]

There's a reason I used "not really" instead of no. You can check out the story of Ronald Read who was a janitor and ended up with a net worth of $8m at the time of his death. Earning more is an advantage but you'd agree with me that a lot of people earned more than him in his lifetime but some died in debt or lived paycheck to paycheck and never saved. The most important thing is your behavior towards money, if you're smart with money you'll save more. If you're not, you can earn more and still burn it. Earning more doesn't always equal saving more, it could also mean spending more.

[@ayeflippum]

@@Kpelz How does any of what you're saying refute my initial comment? If the very man you speak of had made money at a higher rate, he'd have accumulated sooner. Furthermore, my comment isn't about wasting money.

[@billygnosis6976]

Agree, I also perform surgery on myself and do all of dental work.....what could go wrong. I just hate paying for services we all know we can do ourselves........Next month I am looking into space travel...wish me luck

[@briananderson7285]

I thought it was the only one I no longer feel alone in the universe you my friend have made my day.

[@briananderson7285]

An enjoy space.

[@luckyandblessed]

% based budget works

[@badhabit714]

Im going to pay all my debts then start keeping more of my money. Man with channels like this , Public schools will be out of business soon.

[@marksweetser6312]

What I did was follow dave ramsey through baby step 3. Then graduated to money guy show on you tube. Saving and investing is addicting for me now

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@johndoe-wv3nu]

Family comes into my home and make faces like it's disgusting. It's outdated, my 2 cars are nothing more then reliable transportation. Unless it's a special occasion, most of my cloths come from clearance racks. These people don't stop to think, my home is paid for. I've made approximately $1600/mo. not paying a mortgage (appreciation). It will get updated shortly before I sell.

[@dancalmpeaceful3903]

I ignore family......they are broke or don't have a clue. You live like I live - cheap and frugal...but I do spend heavily at times. Paying off your house is the best thing you can do to avoid slavery. I did it years ago. When I got laid off - I had no fears of losing it...as it had been paid off years and years ago. Paying off your house early allows you to invest and get ahead......never EVER lease a car.......EVER. I always buy used, with CASH, and run them into the ground...

[@morelife7625]

I live by this. It's Not How Much You Make But How Much You Keep. If You Want To Build Wealth Fast You Have To Invest (80 - 90)% Of Your Money.

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@atem8101]

My g lemme see you live with 100 dollars a month then

[@sebmcc]

i worked a terrible job for 3 years basically for 11 an hour. I only owe payments on a motorcycle which to me seems cheap in comparison to car ownership and paying for rent and utilities. which all together ate a whole paycheck. including food expenditure which varied would normally leave me with an extra 300. every month. i felt like i was waisting my time now that i have a new job that requires less hours but physically demanding. the money coming in is awesome but i still feel like its not enough. i still can't enjoy the luxury of owning a home, a nice car, and being able to travel.

[@donaldlyons17]

Oh oh.....

[@Dwightstjohn-fo8ki]

@@donaldlyons17 it's been only since WW2 and the greatest industrial expansion in history that citizens of the industrial countries leading the world could ASSUME home ownership, a car, and being "able to travel". the only "travel" before that was military conquest, and a train ride...........to zu kamps. Why would you ASSUME that would continue?? Like inexpensive education? It was a great experiment and lasted fifty to seventy years (a generation or two(. We're now hitting a re-set button. IF your parents or grandparents accumulated great wealth, kept it, AND passed it on to you, you're set. If not, you're on your own.

[@donaldlyons17]

@@Dwightstjohn-fo8ki I think you assessment is accurate however why did you mention wealth being passed on or not? Why say people who don’t have wealth are on their own?

[@cato451]

Yup. It’s a fundamental concept that eludes most people. I think of it as paying my future self.

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@sinyandanso9552]

Good

[@jessicamamikina7648]

Nice one man! In addition, I hope this inspires a beginner.I made my first million after I met a popular financial assistant in the U.S who accepted to work with me after I had lost almost a fortune in liquid asset trying to 'do it' myself.. Always try to work with a professional ! Remember, the stock market is a zero sum game

[@henryclinton9317]

I am a newbie here . Been on a losing streak, I think I might have lose a fortune too lol. Mind recommending any good financial assistant or rather, which financial assistant did you work with and how can he be reached.

[@jessicamamikina7648]

A she actually. "Jessica Lee Aquiler "!! She made the headline in 2018 when she revived Grumac company. She's quite popular. Look her up to get all you might need about her

[@henryclinton9317]

have you made any profit whatsoever working with her ?

[@jessicamamikina7648]

@@henryclinton9317 i have been able to add $570,000 to my portfolio with an investment of $70,000 within 4 months of working with her

[@henryclinton9317]

wow, you have truly made enough profit , do you mind hooking me with your coach ?

[@crazydumbsick]

0*0 is a daydream but 1+1 is the dream of infinity

[@titusbell8152]

Alot of useful wisdom here to take what applies best to my Financial Literacy. Thank you for sharing. Look forward to more.

[@maureenlee9118]

Thank you for imparting knowledge so that one would not find oneself in need of money in the event that in a short time out of money.

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@strong4865]

Yup my grandpa told me if you make 1000s dollar a day and dont ssve at least 1 dollsr youre broke - if you make 100.dollars and save 1/3 every day youre rich

[@redrustyhill2]

Maybe in grandpa's day. Every dime you save today is only worth a nickle tomorrow. Its an entirely different environment

[@strong4865]

@@redrustyhill2 True ! however the old saying Still holds true . A penny saved is a penny earned.

[@whataboutnowtobe]

Some people are born with this skill, other have to work on themselves to achieve it...

[@amateruss]

Either way you need this if you want to even have a chance at making it big in terms of wealth.

[@DavidEVogel]

I think many children watched their parents set aside 10 cents of every dollar earned. Parents can be excellent teachers

[@crazydumbsick]

first you must have an excessive amount of money because 0+♾= undefined. just like money but there are bigger infinite than other infinite out there.

[@a.m.a.b7368]

Classified your spending 1.need (you need to survive like food . House . Electricity bills. Gym consider a need ) 2.want (not essential to survive ) Try to cut on wants as much as possible. 3.saving ( first save at least three month of need expenses) 4. Invest (it might be studying. And always count return on investment on any investment )

[@MrMuckmania]

Most people are not earning enough to live on never mind saving and investing.

[@donaldlyons17]

Yep income is the most important part!!!!!

[@actuallybusiness1622]

*What people think about you is not important, what you think about yourself means everything!!*

[@jonahtwhale1779]

No the two are linked. If others see you as successful then you will too. It does not work so well the ither way around. If you are seen as unsuccessful by others then your mental health will suffer for it ( in most poeop lke).

[@wdeemarwdeemar8739]

Just stay off social media.

[@charlesloftin8768]

Live below your means

[@isolda980]

Exactly! Somebody needed to say it!

[@frankjohnson6631]

I don’t know who, but someone needs to hear this, you’ve got to stop saving all your money. Venture into investing some if you really want financial freedom

[@frankjohnson6631]

Invest globally into bitcoin, gold, silver, Førex market, commodities. Just don’t be left out and save yourself

[@georgemark8942]

Beautifully said. I tell my folks these words everyday. It’s good to save money but most people don’t understand the market moves and tend to be misled in facts like this and always depends on money in the bank

[@edwardbull1134]

Hey, this is computer age. Peeps who aren’t even traders make money from crypto and forex market. How many millionaires do you know who have become wealthy from by investing in savings accounts?

[@frankjohnson6631]

@Galina Giansoldati If you think you’re too busy to trade or learn how to trade, just know I have some friends who invests with a platform where experts devote their time and help them trade and generate a good ROI

[@frankjohnson6631]

@Galina Giansoldati My personal portfolio/investment manager; Mr Charles Christopher Herman, he runs an investments platform where you don’t have to undergo any stress in the trades, he managed my trading account which I only have to invest capital and get profits sent directly to my wallet

[@jovelinasevilla9157]

In fact... there’s also a saying - a penny saved is a penny earned - to force self to save ... make an auto- saving w/ online banking - forget about that money - budget your money w/ the leftover money from income ... always buy nonessential items w/ saved cash (think about the interest fee for installment purchase - delay gratification ) ... make money work for you so invest only on trade that you understand ... every cent you spend should be computed acoording to your hourly salary rate ... do the same for every items you have to throw in your trash can ... best ways to handle your money 💰💰💰

[@Churros1616]

While this is very true, fact is that the more you make, the more you can keep. That’s why it’s needs to be a combination of making more and investing/saving all the extra money you make in stead of spending it!

[@joefuentes2977]

Yeah I always thought that saying is worded incorrectly. It's very misleading, especially since most people don't make enough money to save any significant amount. So for most people it really is first about learning how to make more money, then saving that...

[@dcsingh_]

Great work 👍

[@practicalwisdom-interestin2298]

Thanks for watching I will advice and recommend you to my professional expert,i Invest my Cryptos with Mrs Perez Eliana and I make money on a weekly basis, I have a great portfolio✔✔💯

[@practicalwisdom-interestin2298]

she is currently handling my Crypto for me and is making me huge profit turning 2 ETH into 4 ETH in 9 days and making me $400, 000 weekly by putting $50, 000 indeed am amazed

[@practicalwisdom-interestin2298]

+1⃣, 2⃣, 1⃣, 0⃣, 8⃣, 1⃣, 7⃣, 5⃣, 7⃣, 8⃣, 8⃣

[@practicalwisdom-interestin2298]

Wh@ts@pp💬

[@practicalwisdom-interestin2298]

Do well to tell her that I referred you to her, her business strategies are top-notch, she will be very helpful and supportive

[@mpirokajosephmgcokoca2355]

Wise words 👏

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@kakanne3164]

Have a great day. Really love it

[@barkadasallah9129]

But I NEED those Balenciaga sneakers to SURVIVE. I can’t breathe without them.

[@John-ee8wm]

It's not how much coming in its how much you have going out...

[@financialeducationwithloui7006]

I totally agree with you!

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@modernadulting6857]

Four Principles of Financial Planning Success Think long-term with goals and investing. Spend less than you earn. Maintain liquidity (an emergency savings). Minimize the use of debt.

[@johnmaddern3519]

Paying myself first has been a life changer which I have done for years now

[@aimiliosliam2796]

I'm 34, had my first $200k profits few months ago. Working towards another $200k! Just being smart and frugal with my money. Thanks to my Dad for putting me forward to personal finance and Investing earlier

[@mustinvest8598]

Congrats 🎉 I celebrate your Dad too! He did great. I'm currently at $7k (age 34) hoping to hit the $200k mark too. Though it seems far

[@aimiliosliam2796]

@@mustinvest8598 Thanks means alot ❣️

[@friedrichimka1991]

Hey 👋 Can you share tips for someone trying to start out working on my finances

[@jonahtwhale1779]

Make a budget and stick to it.

[@advayadvaith2841]

Another massive income idea I engage myself with are trading to be more pricised, the Forex market or Gold(ETF). I have been investing in this Avenues for a while now and my investment has been great with profits coming in constantly

[@BeautifulNaturalDramatic]

Interesting and useful video thanks 😊

[@amboliamboli2251]

Making money is the plan and with Bitcoin Investmet your plans can be fulfilled

[@joshuaporter190]

You're right, there are importance of multiple stream of income, unfortunately having a job don't mean financial freedom or security

[@amboliamboli2251]

Speaking of being successful. I know I am blessed if not I won't have met someone who's as spectacular as Josh.

[@elvislee381]

I must say crypto is the future and the way Investment is the only concept that separate the rich from the poor

[@austinmiller5364]

Yes I am a living testimony of Mr. Josh Mr. Josh has changed my financial status for the best. all thanks to my aunty who introduced me to her last year

[@dianapogue2885]

I have also expirence his great work he's good in trading

[@aponcapone]

I live in The Netherlands and i have a minimum income. My wife earns much more so we use my income to buy silver and silver denarie from ancient Rome.

[@charliewilkins8888]

That's true

[@charlottemia9362]

The wisest thing that should be on every wise individuals list is to invest in different streams of income that don't depend on the government to bring money especially now the pandemic is hitting economy hard

[@MillionaireMindsetClub]

Do not save what is left after spending, but spend what is left after saving. - Warren Buffett

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@BankAccountBonusCentral]

I love the Richest man in Babylon!!

[@EvangelistRBColbert]

Me too!

[@dancalmpeaceful3903]

If your company has a 401K, I suggest you start out with saving at least 8% or whatever it takes to get the company match. Then, as times goes on....increase it to 15%.

[@charlottedale1111]

I'd say you start getting money from there and invest in a secured place and start making a passive income thats what I did. Mrs Brittney is a guru she's highly recommended

[@charlottedale1111]

+ 1 4 2 4 2 1 6 6 5 4 5

[@charlottedale1111]

She's available using whatsap p

[@maretesa]

The girl at 4:13 I thought that was Gigi Bryant 😪😢 Anyways, this video is something everyone should listen to especially high income earners. I appreciate the value in this video 🙏

[@practicalwisdom-interestin2298]

Thanks for watching I will advice and recommend you to my professional expert,i Invest my Cryptos with Mrs Perez Eliana and I make money on a weekly basis, I have a great portfolio✔✔💯

[@practicalwisdom-interestin2298]

she is currently handling my Crypto for me and is making me huge profit turning 2 ETH into 4 ETH in 9 days and making me $400, 000 weekly by putting $50, 000 indeed am amazed

[@practicalwisdom-interestin2298]

+1⃣, 2⃣, 1⃣, 0⃣, 8⃣, 1⃣, 7⃣, 5⃣, 7⃣, 8⃣, 8⃣

[@practicalwisdom-interestin2298]

Do well to tell her that I referred you to her, her business strategies are top-notch, she will be very helpful and supportive

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@realist2095]

I just watched this video to reassure myself that I’m on the right path.

[@LuziaSSilva-qx6qv]

Thanks for the valuable information. 😊

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@AcesizOfficial]

🗣🗣🗣

[@freedomring3022]

economics 101 - don't spend more than you make. not sure why people can't grasp this concept. If you make $50k per year you can't live a lifestyle of $60k per year.

[@gwillis01]

needs: modest food, shelter, utilities, transportation Everything else is a want.

[@ktg5713]

The title is so true.

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@bahib6280]

‘ Savers are looser. ‘. Robert Kiyosaky It’s not how much you save it’s how much money you invest.

[@mikeclarkthefinanceguy9680]

Read wait till i get my money right on amazon to learn about obtaining financial freedom.

[@andrewb4860]

I was wondering, since financial management is so important is it even taught in school at all? When I was in high school (a long, long time ago) it was an elective. Wholeheartedly agree that tracking is critical; started using aggregation software (Quicken) over 21 years ago - it was life changing.

[@financialeducationwithloui7006]

It is taught (used loosely) in schools for a semester or maybe a year in 8th grade. They teach things such as credit card and checkbooks, which does not do much for anyone especially in the 8th grade.

[@andrewb4860]

@@financialeducationwithloui7006 That's too bad - given we're told we need to provide for our own retirements and not even providing the basics of what a mutual fund, stock, bond is really sells people short. Thanks for taking the time to reply!

[@1closerthanyesterday767]

I highly recommend you to lower your spending percentage compared to what you earn because it will determine your wealth indicator Try to reduce this percentage by 1% every month, first by spending less, secondly by earning more ;) hope you subscribe to my channel for more tips

[@financialeducationwithloui7006]

@@andrewb4860 I agree with you. Maybe we can change that. I know that I am trying to change it. I think before we can think about retirement we need to teach the children about college and loans otherwise this will be a crutch they use.

[@A-t-r-u-s]

4:45 looks like me heading into work...

[@user_abcxyzz]

🤣 bruh

[@andycooper6085]

Can't save what you don't have coming in as income. There's a minimum tick-over survival level that needs to be met to prevent debt spiraling.

[@donaldlyons17]

Right but how many say that first and then continue their ideas? People can make too little.

[@notyet2345]

I save about 68% of my income every month.

[@tanpingyi4771]

its actually both.

[@zerocells]

Question. Why do most comments have usernames that end in four digits?

[@squirrelcovers6340]

Simple...the more I made the more I saved.

[@merrymaurader2521]

I’m a simple man. I live below my means

[@madison72245]

If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams..

[@clintscott3300]

Impressive, I realized that the secret to making a million is saving for a better investment.. I always tell myself you don’t need that new Aston Martin or that vacation in Hawaii just yet and that mindset helps me make more money investing.

[@carlos1brown316]

You’re right investing now should be at the top of wise individuals list because in few years you'll be ecstatic with the decision you made now

[@henryalexander688]

Cryptocurrency /forex trading is a big chance to make money nowadays, if you can't see that at this point is time you learn more about it

[@addisonwillow1055]

Over the past few years forex and bitcoin has been a catalyst to life changing stories all over the world. I implore that you key into it and get rewards for your investments

[@everlyisla6056]

stock trading controls the huge part of my passive income, i invest big and profits even bigger

[@009kcwy]

Saw a bike at Decathlon for about Usd300. I don't have a bicycle.should I get one? The Rockrider series seems to be value for money

[@coinbureau247]

Invest in crypto now the market is favourable with the help of my Account manager Mr Oliver Watkins..... and earn huge profits like I do...

[@coinbureau247]

x+1 :7:0 :4 /2 /8 /6 /3 /9 :9 :4 W/h/~a: s / a : p~p~..

[@coinbureau247]

Do well let him know I referred you to him...his strategies are top notch ✅...and don't forget to smash the like button....

[@antraxxyti2344]

Yes buy it if it Can help you saving money on gas

[@shirin8609]

That depends on a few factors... Can you afford proper accessories for it, like an appropriately secure bike lock, a helmet, and a means of securing your belongings, or maybe a bike seat cover? Many bikes, even nice ones, have awful seats that unfortunately require you to buy a padded cover or a new seat altogether. Is your area bike-friendly (adequate places to ride and park a bike safely)? Do you have an idea how much maintenance would be monthly? Is there a reputable repairman with decent prices nearby, or can you maintain and fix the bike yourself? Do you think having the bike would make an improvement in the quality of your life equivalent to the purchase price? I think if you can afford the additional stuff and the bike seems like a good value, you should go for it. Good luck.

[@Tonygarry78]

People don't want to know the truth. If they did. They'd know that the biggest enemy is the one in the mirror.

[@jude2768]

I see my friends buying Mercedes and Louis Vuitton bags with their income. Honestly, it makes me cringe. :'(

[@random-accessmemory9201]

Omg same. 🤣🤣🤣 Delayed gratification and financial freedom is the key. 😃