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15 Smart Money Moves for For Every Stage Of Life 

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15 Smart Money Moves for Your 20s, 30s, and Beyond
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In this Alux.com video we will be answering the following questions:
What are 15 Smart Money Moves for Your 20s, 30s, and Beyond?
What are the smartest money tips for your 20's?
What are the smartest money tips for your 30's?
What are the smartest money tips after your 20's?
________
00:00 - Intro
01:22 - Smart money moves for your 20's
09:50 - Smart money moves for your 30's
15:38 - Smart money tips after your 30's
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Опубликовано:

 

30 июн 2024

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Комментарии : 279   
@johannklassen862
@johannklassen862 Год назад
1. Make your first investment as early as possible 2. Invest your self knowledge, and education 3. Pay rent. Don't buy a house 4. Avoid student loans 5. Build your credit score 6. First, build you emergency fund 7. Diversity you investments 8. Buy a home if it makes sense 9. Run a serious business 10. Plan your retirement strategy 11. Invest in your health 12. Maximize your retirement contributions 13. Plan for retirement minimum tributions 14. Let money and your investments work for you 15. Spend your money on experiences with loved ones
@MissHit
@MissHit Год назад
Thanks for spending time
@mladensusanj5678
@mladensusanj5678 Год назад
2. Invest IN your knowledge…
@justusgichanga6995
@justusgichanga6995 Год назад
Very good...and also make investments in your earlier working years and from personal experience don't listen to people who criticise you, if you are male, for not "investing" in owning and driving expensive personal cars.Investing early in your working years will make you take advantage of the eighth "worder of the world" , which is compounded interest .... according to Albert Einstein.
@jyg08
@jyg08 Год назад
6.30
@lanalove2780
@lanalove2780 Год назад
Just a question regarding buying a house. I have learned that if you rent you pay more and with a mortgage, you at least have the option to rent the property and borrow against your loan if need be. My question is what are you really gaining by paying someone else's mortgage?
@jerryscotfield6913
@jerryscotfield6913 Год назад
This is a fantastic take, I feel exceptionally lucky I started investing in my early 30s and consistently compounded my income via assets to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific lnvestments mainly stocks. Forever grateful to my adviser Susan Kay Mack. Passive income is mandatory for building long term wealth.
@victoriaaldrin
@victoriaaldrin Год назад
Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth.
@clairefrewman1456
@clairefrewman1456 Год назад
out of curiosity I did read about Susan Kay Mack on the web.,she has a great resume.
@Simon-je7ko
@Simon-je7ko Год назад
Personally it was really tough for me. Because I had to do all of those things quickly in my 40's. Like it's never too late. In ten years or less you can change a lot of things.
@kiaj.d.5855
@kiaj.d.5855 Год назад
I’m 42🥴
@michaelalexander25
@michaelalexander25 Год назад
Few weeks ago, I recommended a professional trader (Alice Tatiana) to you guys, can i get someone who traded with her?
@willieroy5367
@willieroy5367 Год назад
I saw that recommendations but i did not bother chatting her up 🤦‍♀️🤦‍♀️🤦‍♀️
@Fayruzshula
@Fayruzshula Год назад
Who made profits for you, am really looking for a pro who can manage my account and make me huge profits
@clintonrandy4935
@clintonrandy4935 Год назад
I will forever be indebted to her, she've changed my whole life, and I'll continue to preach about her name, she saved me from a huge financial debt with just little investment, thanks so much Mrs Alice Tatiana
@nathanieljoel4877
@nathanieljoel4877 Год назад
Hello thanks for introducing her to us, i actually did the trade with a loan from my friend, and with the profits i payed up, now am happy and comfortable
@michaelalexander25
@michaelalexander25 Год назад
She's Mrs Alice Tatiana, she's one of the best and trust worthy trader I've ever known
@leannbarker2051
@leannbarker2051 Год назад
I am in my 50s. My parents never gave me a financial education even my dad who was a successful entrepreneur. He was too busy starting his ‘better’ family rather than wasting time with me, the product of him and my mom who he divorced for a ‘better one.’ I am now having to spend time picking up the financial pieces I had never learned about in my 20s. But at least better late than never. Also I have children, 12 and 10 that I am more than willing to pass this information on to. What parent who loves his/her children would not want to do that? Thank you for this information.
@irenes.8731
@irenes.8731 Год назад
I have been Aluxer from almost the beginning when the introduction had a man on a yacht. One video a few years ago was on recommended financial books to read. I have read over half of the list of 15. I apply at least one piece of advice from each book to my life! Total game changer for both myself and my daughter. I am hooked on these videos!
@whoispaulson
@whoispaulson Год назад
I feel one should start taking care of their health from their 20s. I love Alux with the way they dish out financial knowledge.
@alexajack6742
@alexajack6742 Год назад
When you follow the steps below, you attain financial independence.
@PatrickVien-ik5pb
@PatrickVien-ik5pb Год назад
Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation
@BiancaD.Jordan
@BiancaD.Jordan Год назад
You have to get a financiial-advisr/br0ker Like Mark Stuart Jordan to aid you diversify your portfoliios to include commodities, inflation-indexed bonds and st0cks of companies with solid cash flows, as opposed to growth st0cks where valuations were based on future potential earnings
@DanielAlbarran-re2gv
@DanielAlbarran-re2gv Год назад
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisr and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own All Thanks To Mark Stuart Jordan
@Philippinespolicedepartment
wow ,that’s stirring! Do you mind connecting me to your adviser please. I desperately need one to diversify my portfolio
@oghenetegeokenono4927
@oghenetegeokenono4927 Год назад
Having a coach is key to portfoliio diversification, My advis0r is Mark Stuart Jordan You can easily look him up, He has years of financial market experience.
@AlbarranMarco-hu8yj
@AlbarranMarco-hu8yj Год назад
I curiously looked up Mark Stuart Jordan online and researched his accreditation. He seem very proficient, I wrote him detailing my Fin-market
@suleimanmustapha101
@suleimanmustapha101 Год назад
Thank you for the great knowledge you are giving us!
@JoseFlores-xh5cj
@JoseFlores-xh5cj Год назад
6:40 I personally would recommend people in their 20s to live with their parents if the household has a positive environment. That alone saves $10k+ a year. Help out maintain the house and split the bills, load up on compound interest, once you build a strong foundation of cash and assets, retire early.
@foxlinker1636
@foxlinker1636 Год назад
Hey Alux. I recently listened to the audio version of the book the monk who sold his Ferrari. It was great and I learned a ton. I heard about it from one of your videos. Thank you 😊
@Wealthcodes7
@Wealthcodes7 Год назад
Lots of love from pokhara Nepal ❤ 0:09
@bansfreestylevlogger
@bansfreestylevlogger 10 месяцев назад
Appreciating Alux videos further I would like to add that - Financial education is really important which I came to know lately in my 20's but yet I would like to add that do not start investing until you save a good amount of money that atleast you can survive 6 month with that amount or else it would be a stupid decision to invest even a 20% of your income in anything like SIP or Stocks
@javaidak4204
@javaidak4204 Год назад
Good one ❤
@ruyboxe
@ruyboxe Год назад
The only "move" I dont agree with, is the renting instead of buying home.. I started at 21, bought a home when I still lived with my parents, so I rented it... I payed it in 5 years with my paycheck and the rent I got from that house.. the second I payed even quicker.. Now Im 43... I own 18 houses and 7 commercial business.. I always bought cheap houses, work on them, rent it for a period of time and sold them when the value was up... It wasnt easy like some gurus would tell you, but Im so glad I did it... Loved the video tho...
@johnmichaelricasa2998
@johnmichaelricasa2998 Год назад
I'm only 26, but the 30's plan real suits my ears ❤️💗💗 thanks a Lot!! This means a lot to me
@supermichaelssecondchannel4342
I was financial conscious since I was a child. My tip would be don’t steal money from your fathers wallet while he is sleeping when you’re young, or ever for that matter.
@RamonRodriguez-hq7vn
@RamonRodriguez-hq7vn Год назад
I learned financial education late in life. Better late than never, my financial goals is for generational wealth. I may not be able to enjoy the seeds I planted, at least my nieces and their descendants will. Good luck and God bless to one and all.
@brightnarteh2319
@brightnarteh2319 Год назад
Thank you, Alux, however rent in Africa is quite pricey. If you could do a film on renting on a low salary, that would be great.
@jealva
@jealva Год назад
When I started on Wall Street 30 years ago, I worked big hours and saved my first 3 bonuses in full. When my firm moved me to LA, it gave me a free car to commute to work and even though it was an embarrassing sedan, it was free so I drove it for the two years I was eligible to have it for free. I worked very hard and invested early and thanks to that and a couple of sales of company stakes that I had (you have to own something, it’s hard to get wealthy on W-2 income), I was able to stop working at 44. I’ve got another business venture now but I have almost no travel and see my children every day. Working still keeps my mind sharp and busy and is a matter of choice. Time and health are two things you can never have enough of or buy. Start early on investments, taking care of yourself and cultivating great relationships and those things will pay off for life.
@Beastiie7
@Beastiie7 Год назад
Cool! God bless you
@frankyavery
@frankyavery 4 месяца назад
To add to the taking care of your health thing. Get insurance and always understand what type of insurance you have and what it covers and when it covers it. I worked for a major dental insurance company and i cant tell you how many time someone spent $1000s on insurance over the years and they go to the wront doctor and their free procedure costed hundreds to thousands of dollars. Or they just pick any policy from the cheapest policy healthcare marketplace without asking what it covers and they arent covered.
@markanthonymianacyberworld420
Amazing vedio that full of smart money moves info 😊
@FehadBilgramiChannel1
@FehadBilgramiChannel1 Год назад
Excellent
@michaelshine8837
@michaelshine8837 Год назад
Yes!! Another Alux shout out to Home Inspection!!!
@alexisclement6015
@alexisclement6015 Год назад
I’m 44 years old and after 23 years in the Engineering industry I decided to start my own business post pandemic wish me luck lol
@ugojay
@ugojay Год назад
Good luck Alexis. I can relate with this. I am also and engineer and hoping to start one very soon.
@Goddykilo
@Goddykilo Год назад
very helpfull for us approaching 3rd floor
@piavanheijningen-dsouza2501
Financial education became important to me after my first business began failing. It was a huge experience to learn about planning my budget, keeping an emergency fund and seperating my personal expenses from the business expenses. Sometimes we get so caught up in making our business successful that we put ourselves at the bottom of the list, but if you arent looking after yourself, then how can you run a business?
@bansfreestylevlogger
@bansfreestylevlogger 10 месяцев назад
Are you a youtuber ?
@QuotesOfBrilliance
@QuotesOfBrilliance 11 месяцев назад
Thank you Alux!
@SKIL4UL
@SKIL4UL Год назад
you are welcome
@aladdinaaji7074
@aladdinaaji7074 Год назад
Love from Syria
@peggylynn84
@peggylynn84 Год назад
Another Awesome video Thanks Much Love ❤❤❤
@marieaxen645
@marieaxen645 Год назад
Thanks for a great video! /Marie from Sweden
@waelfaraj6705
@waelfaraj6705 Год назад
Well , good tips and thank God , but if you were living in countries going through high inflation rates like Venezuela, Lebanon and Zimbabwe, investing in shares is somehow unavailable unless you have an bank account outside your country ... Real estate can help and preserve the value of money and wealth . Education is beneficial ...
@danicegewiss862
@danicegewiss862 Год назад
I bought Microsoft when I was in my early thirties. We have a lot of them now. We're buying ETF'S now. Im constantly studying about financial management. We own a house. We're looking at relocating to a more affordable location. This house will pay for it and then some
@alexmorris5360
@alexmorris5360 Год назад
We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification. Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
@Christopher-fd4ge
@Christopher-fd4ge Год назад
People believe their currency has the worth it does because they have no other options. Even in a hyper-inflationary environment , individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold /silver coins.
@donnidonald1895
@donnidonald1895 Год назад
@wyanecliff3077Please how can I reach her? I think I should try this woman I've heard so much good news about her
@donnidonald1895
@donnidonald1895 Год назад
She appears to be well-educated and well-read I ran a google search on her name and came across her website; Thank You for sharing.
@pauljackson171
@pauljackson171 Год назад
~16 yrs old, when realizing poverty isn’t an existential must across time, as well as products/services must be satisfied via causation, but can be outsourced or automated, doesn’t have to be you as a 1 person band if that makes sense.
@edwardwakoli9732
@edwardwakoli9732 8 месяцев назад
Thanks so much!
@orionanderson6719
@orionanderson6719 Год назад
So I first discovered the importance of financial education when I heard about the somewhat of a market epidemic here when the main contentions adults had with school systems was not teaching students how to do their own taxes. So I have been looking into financial education related material since because financial education covers taxes. So I'm guessing financial education would be the go to about how to do taxes and many more. Thank you very much for the content
@indian2british
@indian2british Год назад
One Thing I Like About Your Channel The Most is That U Don't Have Any Ads in Your Video!
@michaelshine8837
@michaelshine8837 Год назад
I never thought about that!! You are right that's an awesome thing about this channel!
@fmarten02
@fmarten02 Год назад
Sorry , but i ads are shown to me for this video
@birdslover674
@birdslover674 Год назад
​@@fmarten02 dumbass he's talking about sponsors, RU-vid places ads on a video now regardless of if you want it or not, it's compulsory now
@Goddykilo
@Goddykilo Год назад
i first got interested in 2012 after high school, i started reading books then and the rest is history. The power of positive thinking by norman solidified the foundation.
@theresecook-bright1757
@theresecook-bright1757 Год назад
Rent and they can have you out in 30 days if you happen to fall on hard times. Some problems take a while. Buying a house takes a year! Gave me time to get my act together.
@revomljbs
@revomljbs 9 месяцев назад
Health investment starts in childhood. Parents should know this. Self-mastery in health starts also as you decide to want quality life from youth to old age... Health investment doesn't start after 30s.
@rajackson50
@rajackson50 Год назад
I’m a 46 year old teacher on break! Going back to my class to discuss this video! Especially the opening! 🤷🏾‍♂️✊🏿✊🏿✊🏿😂😂😂😂😂🇺🇸🇺🇸🇺🇸
@zoltanvincze5101
@zoltanvincze5101 Год назад
Since like 3 years now im glad every day that i fould somehow this channel ❤😊
@theresenicolas2867
@theresenicolas2867 Год назад
I first learned that financial education is important when I realized that money is needed for you to do almost anything and everything, especially in today's world. It's important to be smart with how you handle your money and expenses. Finding the right balance between saving and spending will be key to a comfortable life.
@cashflow68
@cashflow68 Год назад
Northen California her
@Rocket_Man
@Rocket_Man Год назад
✊🏿✊🏿✊🏿✊🏿
@santavictorio4226
@santavictorio4226 Год назад
I learned the importance of financial education when I was completely broke. 😅😂 I thought, “enough is enough. We aren’t playing this movie again.” No better teacher than experience.
@gwendolynfrench5244
@gwendolynfrench5244 Год назад
I started becoming financially literate in my late twenties, however lifestyle creep would get the best of me. I discovered Alux about 4 years ago and I finally got my finances under control.
@c.1211
@c.1211 Год назад
For those with the ball & chain, dont get divorced in your 50s. Better yet, dont get married!👊✌
@saifalam2030
@saifalam2030 Год назад
Ok who will carry your legacy if you don't have children? Your distance relatives?
@user-ne4kh8vy6l
@user-ne4kh8vy6l Год назад
Such an American way of thinking ....
@theresecook-bright1757
@theresecook-bright1757 Год назад
Better to love and lost than to never love at all.
@c.1211
@c.1211 Год назад
@@theresecook-bright1757 love dont last. Its better to be respected. Love your kids and pets.✌
@faustinreeder1075
@faustinreeder1075 Год назад
Cheaper to keep her.
@kimmusicas
@kimmusicas Год назад
11:11
@auro1986
@auro1986 Год назад
narrator says you have move to watch 15 videos in alux channel daily so money moves from alphabet to alux
@RamonRodriguez-hq7vn
@RamonRodriguez-hq7vn Год назад
I have always advocated an education, regardless if it's college or a technical/trade school. The primary purpose of an education is to learn a skill. Having a skill has always been an economic standard for the past two thousand years, and more. Jesus was a carpenter, his earth father Joseph taught him his skill. Thus, pursuing an education to have a skill. Will help with having extra money, to invest into companies with good dividend reinvestment plans. I highly recommend, when the economy tanks and goes into a recession. Don't panic sell, ride it out. In the long term investing goals, it will pay out. Good luck and God bless to one and all.
@mycharmtv
@mycharmtv Год назад
Thank you for this.. I couldn't have said it any better. 😊
@waelfaraj6705
@waelfaraj6705 Год назад
Well , good tips and thank God , but if you were living in countries going through high inflation rates like Venezuela, Lebanon and Zimbabwe, investing in shares is somehow unavailable unless you have an bank account outside your country ... Real estate can help and preserve the value of money and wealth . Education is beneficial ...
@DAMAN_GAME.557
@DAMAN_GAME.557 Год назад
My advice is invest in your self
@FlorianWerfel324
@FlorianWerfel324 Год назад
While investing during a period of higher inflation appeared daunting at first, I learned to navigate it by consulting with Joseph Sullivan Anderson, an investment analyst, who devised a strategy to shift my fixed-income investments that weren't providing adequate returns to a diverse portfolio that would provide higher returns.
@Hollowsmith418
@Hollowsmith418 Год назад
With the current inflation rate of 4.3%, I really need to find more productive ways to put my stagnant savings to work. I looked up Joseph Sullivan Anderson on the internet, and his credentials appear to be solid. I'll get in touch with him.
@leonardo54465
@leonardo54465 Год назад
I believe I read about this analyst in a business journal.. he has a strong reputation and good insight when it comes to profiting from economic fluctuations.
@tombarclay108
@tombarclay108 Год назад
I wish I had started investing earlier in my life. Seeing the compound interest at work is amazing, and it has made me realize the power of investing through Mr Joseph Sullivan Anderson a financial professional. I have amassed about 150k
@eriu981
@eriu981 Год назад
bumping into this comments is an opportunity for me.... I want to start investing, but I'm not sure where to begin. I truly don't want to mess up my finances. Joseph Sullivan Anderson appears to have the necessary knowledge and strategy, based on my online research... on his DMs rn
@Danielromerosol
@Danielromerosol Год назад
Having a good instructor is essential for broadening one's portfolio. Joseph Sullivan Anderson has always been that FA who is easily accessible and knowledgeable about the financial industry.
@shivasalmani8401
@shivasalmani8401 Год назад
I realized the importance of this this year ,when I can’t efford many things now days because of inflation and I’m trying to improve my skills as much as possible to have more income That’s one thing I can do now
@alvinmah6148
@alvinmah6148 Год назад
🤔
@ameliamark4867
@ameliamark4867 Год назад
This administration putting so many families into difficult situations, I feel sympathy and empathy for our country I appreciate your advices Geneva! Imagine investing $1000 and receiving $10,350 in 3days.
@sariaadem842
@sariaadem842 Год назад
Same me here I started last week and she called me on Video call also I have received some of my profit about $9,400 yesterday she’s trustworthy.
@bobbiechristopher6772
@bobbiechristopher6772 Год назад
Investment is far better than money saved. When you invest your money it works for you and help you earn more money.
@maswelldrake510
@maswelldrake510 Год назад
Failure and loss on investment usually happens when you invest without proper guide Geneva investment is one of the best you can trust.
@carmelitagonzalez5014
@carmelitagonzalez5014 Год назад
Can you refer me to her 🙏🏼??????
@ameliamark4867
@ameliamark4867 Год назад
SHE’S ALWAYS ACTIVE ON TELEGRAM’S APP WITH THE NAME BELOW
@jaronbalfour3711
@jaronbalfour3711 Год назад
Compound interest the 8th wonder of the world Albert Einstein
@omotayosatuyi252
@omotayosatuyi252 Год назад
I’m going to disagree with the student loan stuff some people aren’t born into financial well off families. Because of this, some parents have to take out student loans just for their child to even attend college and because they aren’t financially well off they have to take out even more to pay for their child to get the book and school supplies they need
@jealva
@jealva Год назад
If you do it to study a real subject field with good career prospects, you are correct but not every college degree is worth going into debt.
@walkidiafuentes7021
@walkidiafuentes7021 Год назад
I suggest that you go watch a video of Dave Ramsey on this regards. You probably will have to rethink it. 😊
@AimanBergallou
@AimanBergallou Год назад
Job experiences are more important than degree but degrees are still necessary for your growth career
@omotayosatuyi252
@omotayosatuyi252 Год назад
⁠@@jealva yeah that’s true as well especially with a major won’t give you a good return on investment like for example one that doesn’t have a wide range of different jobs that you can get into
@timesmond75
@timesmond75 2 месяца назад
How can one save up for a down payment on a house when the place one is renting is 580 a month with 50 late fees
@rabefalanse9250
@rabefalanse9250 Год назад
Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
@carlosfrancisco6627
@carlosfrancisco6627 Год назад
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
@alexanderthomas-qn7ik
@alexanderthomas-qn7ik Год назад
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@bettysandra4817
@bettysandra4817 Год назад
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Linda
@jerrypaul2062
@jerrypaul2062 Год назад
Wow I'm just shock you mentioned and recommended Expert Mrs Mary Linda,I thought I'm the only trading with her
@patrickrobot5209
@patrickrobot5209 Год назад
YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MRS MARY LINDA
@Eternalwordsofwisdom
@Eternalwordsofwisdom Год назад
I don't usually comment but I have to say that buying real eastate is the only reason I am not broke right now. It has given me more opportunity than any other investment I have ever made. So I have to disagree with not buying property. Don't get me wrong I agree with mostly everything else you say.
@Vishaal1797
@Vishaal1797 Год назад
Take overview and tips from RU-vid and take the whole picture from books
@drbijalsharadjoshi8633
@drbijalsharadjoshi8633 Год назад
26
@S_R123_99
@S_R123_99 Год назад
I will subscribe, like your all channel
@S_R123_99
@S_R123_99 Год назад
My Telegram name Nurul hashan
@S_R123_99
@S_R123_99 Год назад
Please massage me
@carterconklin8164
@carterconklin8164 9 месяцев назад
2020 opened my eyes. I recently took the most expensive vacation with loved one-worth everything! I’m much older than 30. At 30, I should not have done that.
@creepofreek4853
@creepofreek4853 Год назад
Amazing advice. Thanks so much
@blackhatthuku7055
@blackhatthuku7055 Год назад
Crypto
@mayurrane1125
@mayurrane1125 Год назад
Health is Wealth
@kevindolan2755
@kevindolan2755 Год назад
Soooooo what I’m hearing is that the reason I’m more financially literate than most of my (finance) classmates is that I’ve done all of the 20s items in my teens? 😂
@Chefmarcellett
@Chefmarcellett Год назад
Remember. @alux I know we are used to saying don't forget to do this or the other, but that's a double negative. You should say remember to subscribe etc.
@watsonkashala99
@watsonkashala99 Год назад
00:00 - Intro 01:22 - Smart money moves for your 20's 09:50 - Smart money moves for your 30's 15:38 - Smart money tips after your 30's
@laurasarten6621
@laurasarten6621 Год назад
For 20 yr olds to plan for 30s
@TARANGASEN
@TARANGASEN 10 месяцев назад
In term of Financial Investment: invest in Life Insurance as early as possible
@kennethveiga7189
@kennethveiga7189 Год назад
I learned when my successful but then aging parents started to lose their golden wealth due to poor planning and health failures that took hold. As Buffett says, " don't lose the money", quoting numbers 2 and 3 of his principles!
@michaelgwharvey7038
@michaelgwharvey7038 Год назад
As a teenager
@kennydebique6192
@kennydebique6192 Год назад
I'm going to be 30 in July and I will still take the risk to invest, because I have no liability except food 😂.
@martindavis2295
@martindavis2295 Год назад
I wish you luck in life’s journey my friend. I hope it will be all you have hoped for.
@usmanmuhammad3760
@usmanmuhammad3760 Год назад
This is golden. Thanks Alux
@indi2174
@indi2174 Год назад
Investment.. how is it attainable??? What higher paying investment is working right now and future proof
@bridgettetraveler658
@bridgettetraveler658 4 месяца назад
I know many older ppl who have health money & time. They're very wise with all that they have.
@krazzysu
@krazzysu Год назад
Check spelling on title
@blackjamesbondd
@blackjamesbondd Год назад
At the Age of 28 - I found financial education. At 31, I acquired several rental properties and a significant investment account. 1st tip - it’s not about how much you make; it’s about how much you invest. (Note - I didn't say save) 2nd Tip - valuing experiences over things will always be more fulfilling. 3rd Tip - Alcohol is a waste of money and time.
@penguingobrrbrr353
@penguingobrrbrr353 Год назад
If you dont save then how the hell you get the money to begin with ?. No bank will give you 100% loan let alone take like 1-10M with no down payment. How ??
@nwajifranklinchibuzor5749
@nwajifranklinchibuzor5749 Год назад
You nailed it, Sir... Wow!
@blackjamesbondd
@blackjamesbondd Год назад
@@penguingobrrbrr353 - well, I generally find that most people stop at the saving part. Yes, you should have 6-12 months saved as an emergency fund. But the true key to unlocking wealth is making all those dollars work for you. So that's why I say saving won't make you rich, but investing money and the power of compound interest can make you wealthy 💎
@penguingobrrbrr353
@penguingobrrbrr353 Год назад
@@blackjamesbondd my friend. No one is saving millions. The thing is... you need to have CASH to get some loan in order to grow something. emergency funds are a must in most cases because things happen and you dont want to be homeless in a matter of months if money run out.
@Roneezy26
@Roneezy26 Год назад
Mid 30s. Read RichDad poor dad first. Even if is not your style you riches, it’s the best base to build.
@DAMAN_GAME.557
@DAMAN_GAME.557 Год назад
When i see book summary of rich dad poor dad when I realised importance of financial education
@S_R123_99
@S_R123_99 Год назад
Hello
@brightwriter
@brightwriter 9 месяцев назад
The best investment possible, in theory, is something that will provide you with what you want later in life when you want it. No issues of price fluctuations or counterparty risk. If you will need something in two decades and can buy it now, do so if meanwhile it can generate revenue sufficient to pay the opportunity cost of the early purchase. I am in my late sixties with important health problems, also divorced with total estrangement from my children. Therefore, I bought a hotel room that is handicap-compatible. That way, I get access to restaurant food, the bedding and towel exchange, and chambermaids. The room itself is oceanfront and, though a poor-to-fair investment per rate of return, gives me great peace of mind knowing that I can move in if I decompensate severely.
@harryseibert457
@harryseibert457 Год назад
You heard of intermittent fasting. Intermittent investing is spending less than what you earn then investing the balance in assets that create passive income.
@torradojose1
@torradojose1 10 месяцев назад
@dima-rafael
@dima-rafael Год назад
How to avoid student loan?
@AimanBergallou
@AimanBergallou Год назад
If it’s possible ask your family for a loan without interest obligation
@alexbob5209
@alexbob5209 Год назад
Apply for fafsa and they probably will give you free money especially if your a minority and/or low low income
@PortugalLawyer
@PortugalLawyer Год назад
self-study
@anthonynix9659
@anthonynix9659 Год назад
I first started learning financial literacy when I met one of my best friends and mentors working at Waffle House.. I was alone and confused, I wasn’t even 21 but he was patient and supported me vigorously.. I’ve come so far since then,, the knowledge gained seems unreal and the free knowledge you all have given me is priceless.. I love the app and Alux in general. I will make Alux and everyone around me proud ✊🏽
@carlajones8741
@carlajones8741 Год назад
You damn right Im a late bloomer,
@getmoney3708
@getmoney3708 Год назад
Whatever happened to buy land?
@newyerusalem1
@newyerusalem1 8 месяцев назад
Oops, I don't agree with the ideal of not buying a house. This first house purchase is basic. Managing real estate is a school in and of it's self. The longer one waits to longer the learning curve stretches. Take the lump early. There's a lot of time to recover from the school of hard knocks. Besides, if the market is a buyers market. One may leave a once in a lifetime opportunity.
@TheTravelDiarieswithNess
@TheTravelDiarieswithNess Год назад
Hustle in your 20s. You won’t regret it.
@AndresMartinez-hp4pl
@AndresMartinez-hp4pl Год назад
when you showd me
@charleshunt3806
@charleshunt3806 Год назад
You do not need to build your credit score unless you plan on borrowing money so I never had one until I was 30 then I bought my house and then I used a credit card for eight months and my credit score went from zero to in the 700s and then I got the best rate the bank had and then the day I closed on my house I got rid of the credit card I no longer need it Credit cards are crappy financial product and they want to get you in a deep hole if you use debit or cash you will not get in that whole
@user-ls4xe3ly2c
@user-ls4xe3ly2c Год назад
I WOULD LOVE TO WATCH A VIDEO ON " 15 REASONS TO LIVE SIMPLE " BY ALUX.
@nhlanhla_magz928
@nhlanhla_magz928 Год назад
Invest in your health as soon as possible
@LimbovitschHaim4Mir
@LimbovitschHaim4Mir Год назад
1:29 MAKE YOUR FIRST INVESTMENT... AND LOST YOUR FUTHURE SO EARLY AS POSSIBLE....
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