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21 Money Lessons I Wish I Knew Earlier 

Humphrey Yang
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Let's go over the 21 Money Lessons You Should Know in order to get rich. I think everyone should know these, and they are a compilation of all the best wisdom I have for you. I hope you enjoy, and let me know what you think down below in the comments.
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WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.
PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!
⏱️ Timestamps:
0:00 - Start Here
0:10 - Looks Aren’t Everything
1:22 - Compounding Makes You Rich
2:20 - Lump Sum Splurge
3:40 - Affordability
4:24 - Look for a CFP
5:37 - Don’t Fly First Class
6:34 - Credit Utilization
7:09 - Never Carry A Balance
7:37 - Buy Some Bitcoin
7:48 - Know How Much is Enough
8:49 - 401(k) Match
9:17 - Automate Your Savings
10:07 - Expense Ratios
10:44 - Making Money is a Muscle
11:31 - Surround Yourself with Driven People
12:15 - Diversification
13:04 - Leverage is Needed
14:08 - Invest Early
14:41 - Filter Financial Advice
15:05 - Capital Preservation
15:48 - Transparency

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2 июн 2024

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Комментарии : 239   
@humphrey
@humphrey Месяц назад
What was your favorite lesson today? Let me know by dropping a comment - and subscribe to the channel 👀
@FlyingAnna
@FlyingAnna Месяц назад
Watching this video as a “first class travel RU-vidr” 😂
@brock5946
@brock5946 Месяц назад
@@FlyingAnna Which man been paying for you first class flights?
@berniekeene868
@berniekeene868 Месяц назад
Where is the link to your Discord community?
@xiphoid2011
@xiphoid2011 Месяц назад
Yeah, being an Asian, I have to agree with American financial mentality is different. When my co-worker gets their bonus: I can buy that xyz I been eyeing. Yay! When I get my bonus: I can retire another year early. Yay!
@jollama
@jollama Месяц назад
This is why we say Asians are smart
@jlakindd
@jlakindd Месяц назад
eh debatable, gotta celebrate small victories and treat yourself. Idk retirement... you never know the future.. tomorrow is never promised. Gotta find a good compromise
@HarryPotterFan1307
@HarryPotterFan1307 Месяц назад
Love this mindset!
@jollama
@jollama Месяц назад
@@jlakindd IRA/Roth IRA
@sw6118
@sw6118 29 дней назад
Hey, some Americans think that way too.
@SSJUFC
@SSJUFC 2 дня назад
Buying Bitcoin is the most underrated and most effective tip in this entire video. Well done!
@robertbalian9144
@robertbalian9144 Месяц назад
Humphrey is a very smart man. I absolutely love his advise. So much wisdom. This is the man to listen too.
@Quantris
@Quantris Месяц назад
never fly first class (unless someone else pays for it)...you can fly economy and spend the difference on an awesome steak dinner or something and IMHO thinking about it that way makes the choice really obvious if first class saved you time that would be maybe worth it but the plane takes off and lands at the same time for everyone. it helps if you are able to just sleep on planes because then there's basically no difference between first class and economy lol
@gabytrumbull7880
@gabytrumbull7880 Месяц назад
This is amazing. “How to build wealth”
@gabytrumbull7880
@gabytrumbull7880 Месяц назад
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
@gabytrumbull7880
@gabytrumbull7880 Месяц назад
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns
@gabytrumbull7880
@gabytrumbull7880 Месяц назад
For more lnfo
@gabytrumbull7880
@gabytrumbull7880 Месяц назад
FinanciaI-PIanner Rebecca Mart-Watson (in fuII).
@gabriellat.6735
@gabriellat.6735 Месяц назад
l’m amazed to partake on this, lt has rekindled the fire to my goals.
@dylanschang6386
@dylanschang6386 Месяц назад
Bro rly snuck in “buy bitcoin lol” thinking we wouldn’t notice
@horizoniki
@horizoniki Месяц назад
Based on historical data alone that is a logical advice
@vladrazym9955
@vladrazym9955 Месяц назад
Wow, that Bitcoin point was unexpected on a financial channel
@ebayseller6040
@ebayseller6040 Месяц назад
1:06 greatest designer cloth guy of ALL TIME
@owensalex0615
@owensalex0615 Месяц назад
Hey Humphrey! Enjoy watching and learning from you!
@sharamafiz3441
@sharamafiz3441 Месяц назад
Great book recommendations, I’ll have to check them out!
@JohnLee-vl8qk
@JohnLee-vl8qk Месяц назад
I got a bonus this year, and boy did I need it!! I still had to put that money and more to my taxes!! Woot woot!!
@oOBlahBlahOo12345
@oOBlahBlahOo12345 Месяц назад
#4- best ever. Definitely need to watch that lifestyle creep.
@elizabethmaedavenport
@elizabethmaedavenport Месяц назад
I really liked the information, but also the editing of this video! 🙂
@MomoHitsujiOwO
@MomoHitsujiOwO Месяц назад
Hello! Found you through your collab in George Kamel’s channel and I’m currently binging through all your content! My favorite lesson is #4! Because of my high paying job, lifestyle creep has definitely affected me, so knowing that just because I know I may enough money to splurge on stuff, doesn’t mean I should because it hinders my long term goals like buying a house! Thank you so much for making fun, informative content! ❤
@humphrey
@humphrey Месяц назад
Welcome aboard and thank you for coming!
@slushpuppii
@slushpuppii Месяц назад
Deff started to feel lifestyle creep, especially when moving to a bigger apt and now feeling like I need to fill it. Have made sure I have upped my contributions to 401k and savings cause this money isn't forever
@MomoHitsujiOwO
@MomoHitsujiOwO Месяц назад
@@slushpuppii Same here! When I first got married and got a brand new apartment with way more space than we knew what to do with, we filled it with so much stuff. But, when we decided on having a baby, we realized lifestyle creep got to us and we sold things we could, as we needed both more savings and space 😭
@jeremydudet
@jeremydudet Месяц назад
Great vid Humphrey!
@Bangpaulxu
@Bangpaulxu Месяц назад
Always appreciate your content! Much love from Shanghai!
@humphrey
@humphrey Месяц назад
I appreciate that!
@bookwormbon482
@bookwormbon482 Месяц назад
Fantastic video, very valuable content and to the point. Thank you!
@humphrey
@humphrey Месяц назад
Glad it was helpful!
@SundayMoneyTV
@SundayMoneyTV Месяц назад
Great stuff! Bookmarked for the next issue of Sunday Money!
@kahuhipajae4088
@kahuhipajae4088 Месяц назад
Here here! Great thoughts for the day.
@deejkeithanmusic
@deejkeithanmusic Месяц назад
If you had 20k capital in your checkings, would you put it into a hysa or take the risk in an index fund? I know there are more options, but I'm intentionally asking an 'either or.'
@humphrey
@humphrey Месяц назад
HYSA if I need the money in the next year or two
@Yugiboii
@Yugiboii Месяц назад
Depends if you have your 3-6 months emergency fund already or not
@richardsanty9063
@richardsanty9063 Месяц назад
Bitcoin is way to volatile for me.
@humphrey
@humphrey Месяц назад
thats ok! you dont have to buy
@michaelduffproductions8976
@michaelduffproductions8976 Месяц назад
I'll happily buy the bitcoin that you're not buying :)
@andichrist2000
@andichrist2000 Месяц назад
Volatility = opportunity
@jollama
@jollama Месяц назад
*too
@richardsanty9063
@richardsanty9063 Месяц назад
@@andichrist2000 and fail.
@nabamitachatterjee7432
@nabamitachatterjee7432 Месяц назад
You are so good at guiding us. We have started investing in index funds. For bitcoin would u hv any recommendations where to buy from and what is a good amount to put in bitcoin?, thanks a lot
@christams8863
@christams8863 13 дней назад
Very wise advices from you...thank you!
@b.b.stanfield9829
@b.b.stanfield9829 Месяц назад
General comment: Discord did not take me to your channel on the invite initially. Not sure why, but after several attempts, and for an unknown reason, it suddenly worked. Just so’s ya’ know……..loved the video by the way. Very to the point. Too late for me. I have already learned these lessons the hard way. At 70, I’m in a different phase compared to anyone pre-retirement but most of these hold true at any age.
@jamming8148
@jamming8148 Месяц назад
I agree with all of this
@marguritekostecki2194
@marguritekostecki2194 Месяц назад
My most important money rule is Never Put All Your Eggs In One Basket. As a 9-5er, I made more than twice my income last year from only stocks and freelance developing. I also experiment with a couple of other things. It's way harder to make money plans when it's coming from just a source No Matter How Well It Pays.
@planetsaver
@planetsaver Месяц назад
This used to be me. Just know that you must either understand the market well enough or get the services of a fin. adviser who does for your "investment" to count. I have gotten close to a hundred grand within the past few months only after some months of throwing my money in the wind. You should try again, good thing is you now know better. Goodluck!
@Wayne-bk1jc
@Wayne-bk1jc Месяц назад
i've got similar problems and I have also considered using an FA but I don't know how to go about it. please, what are the steps for getting one? like a really good one.
@planetsaver
@planetsaver Месяц назад
You should start by looking out for those from known firms and good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.
@Alejandracamacho357
@Alejandracamacho357 Месяц назад
planetsaver I know her. Used to share same office block with her back in the day nice lady
@mikemagnotta5396
@mikemagnotta5396 Месяц назад
@@hildredscali1754can’t expect much from only a couple weeks on individual stocks. They say time in the market is better than timing the market. Try and again and hold for a couple months instead of weeks. It’ll turn out better !
@elizabethmaedavenport
@elizabethmaedavenport Месяц назад
You rock Humphrey! Keep it up! 🙂
@treeshagayoso
@treeshagayoso Месяц назад
You make such great videos 👍🏻
@humphrey
@humphrey Месяц назад
Glad you like them!
@fwfeo
@fwfeo Месяц назад
2:13 from one million to 1.4 billion is 1400x growth in 26 years! From one billion to 100 billion is 100x wealth growth achieved in 36 years! From 56 years old to 82 years old he went from 1.4 billion to 60 billion in 26 years. That’s only 42x growth vs the 1400x growth! So, there wasn’t much of a compound effect, but a dramatic slow down!
@tariqabughofa9730
@tariqabughofa9730 Месяц назад
yes. Buffet said that value investing is not as easy as it used to be when he was young.
@damondiehl5637
@damondiehl5637 15 дней назад
Say you have one dollar and I give you a dollar. You have increased your wealth by 100%, but it doesn't buy you much more. The number of zeros behind a number matters. The rate may have slowed, but the growth is exponential. In a different video he shows that getting to your first $100k is 25% of the way to getting to $1 million. It takes about 8 years to get to $100k. The jump from $900k to $1 million only takes 1.5 to 2 years. Compound interest gets spectacular if you can make it to that 7th, 8th doubling. That's why everyone harps on starting early.
@JosephG23
@JosephG23 Месяц назад
If Warren buffet had $5,000 at 14 that would be $86,758.89 in today's money...........
@FarFetchedFlorida
@FarFetchedFlorida 9 дней назад
Yes but they would both but the same amount of milk because that’s how inflation works
@jackaboyx3
@jackaboyx3 Месяц назад
This video 💯 💯 🔥
@Dymolabelwriter450
@Dymolabelwriter450 Месяц назад
Content’s been on a heater lately I see you bossman
@courtneyshannon2621
@courtneyshannon2621 21 день назад
The only time it might be okay to carry a balance on credit cards is if you have 0% APR or some payment plan options where you don't have to pay interest. I got a travel rewards card that had 0% APR for the first year, so that year I booked my flights and other travel plans early to take advantage of better prices and then took my time paying them back, and it was also during a time of relatively high inflation. Another time I had to put in a lot of work on my car, so I put that on another credit card that had a payment plan with no fees or interest, so it was nice to be able to pay that off over six months.
@JonathanJudice
@JonathanJudice Месяц назад
Hello Fellow Investors.... great list
@schrodingersmechanic7622
@schrodingersmechanic7622 3 дня назад
That 401k match is no joke. Over the years with my employer, their matching constitutes a significant portion of my net worth (well into six figures of free money)
@Courtney-Alice-Gargani
@Courtney-Alice-Gargani Месяц назад
Are you posting more videos now?
@humphrey
@humphrey Месяц назад
yep!
@daddyland
@daddyland Месяц назад
Took me a long time but out of my four close friends, i finally got one of them to stop trying to day trade and start investing for the long time lol before it felt awkward talking with them because they kept seeing people posting online about the big wins! Love that you brought up the salesman/commission example!
@HazMat1012
@HazMat1012 Месяц назад
I bank with Chase and USAA. I have a small portion of my paycheck (about 10%) directly sent to USAA, and the rest goes to Chase.
@stephans1990
@stephans1990 Месяц назад
I’m not sure if this is what you meant, but leverage is investing with borrowed money. Not just investing with more money.
@greg1vq
@greg1vq Месяц назад
@humphrey where can I get your black long sleeve shirt?
@Aric_V
@Aric_V Месяц назад
Is a TSP pretty much the same thing as a 401k, I’m 23 with 25k in there
@humphrey
@humphrey Месяц назад
yes its very similar!
@bluesky973
@bluesky973 Месяц назад
22. Create streams of passive income with rentals
@KevisaVivose
@KevisaVivose Месяц назад
Time in the market > Timing the market .
@victorblas3483
@victorblas3483 Месяц назад
401k is the best one for sure!
@DrGODofTHUNDER
@DrGODofTHUNDER Месяц назад
Close, but no. It's the ROTH IRA -- Tax Free when you take it out. Most powerful money-building tool out there
@victorblas3483
@victorblas3483 Месяц назад
@@DrGODofTHUNDER you are correct!
@DefenestrateYourself
@DefenestrateYourself Месяц назад
@@DrGODofTHUNDER nope employee match in a 401k is the best. 401k has a much higher limit too. Also HSAs are triple tax advantaged and are also superior to Roth IRAs
@DefenestrateYourself
@DefenestrateYourself Месяц назад
@@victorblas3483 incorrect
@damondiehl5637
@damondiehl5637 15 дней назад
@@DrGODofTHUNDER You can put three times more money away in a 401k ($23,500 vs $7000; even more if you over 50), and you can often get an employer match. And your entire 401k can be a Roth, as of this year. If you can afford it, do both.
@yondrusek
@yondrusek Месяц назад
Here after your George Kamel interview. Now a subscriber 🥳
@humphrey
@humphrey Месяц назад
thank you!
@pauloferro2593
@pauloferro2593 Месяц назад
Humphrey, good video man. What do you think of buying lands/ real estate? what are your thoughts on this?
@sosadagod6963
@sosadagod6963 Месяц назад
Got my sub
@coolceelah
@coolceelah Месяц назад
Hi, Can you discuss your plans to buy real estate in California? The median home is like 1.300M. Will you decide to buy outside of California or wait until interest rates drop.
@amill1563
@amill1563 Месяц назад
Are you available for personal consult?
@panike
@panike Месяц назад
I wish i had these information when i was in my 20s
@omarmohammed3994
@omarmohammed3994 Месяц назад
Amazing content. Learning new things everyday ✨️ keep it up
@johnconner8437
@johnconner8437 Месяц назад
You should do a deep dive on how scummy credit cards are
@RedReaper54thRace
@RedReaper54thRace Месяц назад
It’s weird cause you gotta put money in circulation to work but you gotta be patient and let it sit in order to get interest
@nashs.4206
@nashs.4206 Месяц назад
Sounds like some Ferengi Rules of Acquisition haha :P
@theswipecassette
@theswipecassette Месяц назад
You should make a video just to state and explain all the affordability rules..!
@OSUHARDING1ATECHNICEXPERIENCE
@OSUHARDING1ATECHNICEXPERIENCE Месяц назад
The best money lesson is to join the US Military and contribute the $1200 to the GI Bill and reap the benefits of a nearly free college education after you separate using the Post-9/11 GI Bill benefits.
@omarmohammed3994
@omarmohammed3994 Месяц назад
Lesson#22: wish I subscribed earlier 😅
@ShawDAMAN
@ShawDAMAN Месяц назад
Hi Humphrey, i have about 13k in auto loan debt with an interest rate of about 4.5, i also have a HYSA which gives 4.5, with about $1200 currently in the HYSA. If i have "extra" money at the end of each month, should i put it toward the HYSA and build up the emergency fund first or pay down the debt first? The car debt is the only debt i have other than incidental smallish expenses on credit cards which are quickly paid off. Thanks!
@damondiehl5637
@damondiehl5637 15 дней назад
Debt is dumb, pay off the car.
@xensan76
@xensan76 Месяц назад
A bit spicy with that Bitcoin recommendation! If you're going ahead with it, how much would it be helpful to buy?
@Nigriff
@Nigriff Месяц назад
2-5% of your total investment
@DefenestrateYourself
@DefenestrateYourself Месяц назад
@@Nigriff eww
@Courtney-Alice-Gargani
@Courtney-Alice-Gargani Месяц назад
I want to be rich. I am making six figures and working on making seven figures. Great video.
@humphrey
@humphrey Месяц назад
lets go!
@thily
@thily Месяц назад
thanks for the great video Humphrey! definitely have been learning a lot from you. could you make a video aimed at college students / recent grads? i recently graduated with my bachelor's and will start my full time corporate job soon and would love to get advice on that!
@benjaminlanzas1507
@benjaminlanzas1507 Месяц назад
Hey, just saw your high APY savings accounts video and im wondering is there a minimum amount of money you deposit before opening a high APY account? Is $1000 ok or $3500 or $5000, or having little money at 5% is better than at 0.01%?
@Yugiboii
@Yugiboii Месяц назад
Most HYSA don’t have a fee for not keeping a minimum amount.. Outside of a 1 month emergency fund in my checking account all my other savings is kept in HYSA
@timehathtcg
@timehathtcg Месяц назад
What coincidence this comes up right as im building up and see something i really want to get
@coolmonkey619
@coolmonkey619 Месяц назад
Your hais great
@tim_9562
@tim_9562 Месяц назад
Downside of 30% utilization rate is the credit card company won’t give you a limit increase.
@ToothlesstheNightFury510
@ToothlesstheNightFury510 Месяц назад
If you show that you are making more money through a a new job or raise they will let you.
@Susanhartman.
@Susanhartman. Месяц назад
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
@ThomasChai05
@ThomasChai05 Месяц назад
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
@mariaguerrero08
@mariaguerrero08 Месяц назад
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
@mikegarvey17
@mikegarvey17 Месяц назад
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@diane.moore-
@diane.moore- Месяц назад
@@mikegarvey17Mind if I ask you to recommend this particular coach you using their service?
@mikegarvey17
@mikegarvey17 Месяц назад
*Gertrude Margaret Quinto* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@Peter-kt2gb
@Peter-kt2gb Месяц назад
Stay humble and stack sats.
@Jarlus
@Jarlus Месяц назад
Ok why plug Bitcoin though? Like, c'mon man.
@lt5339
@lt5339 Месяц назад
Can I ask a question? Does home and car mortgage count as credit utilization?
@jollama
@jollama Месяц назад
Can I ask a question? Do you know what Google is?
@DefenestrateYourself
@DefenestrateYourself Месяц назад
@@jollama why use energy being rude when you can just be quiet? Bless your little heart
@jollama
@jollama Месяц назад
@@DefenestrateYourself These people like to treat their time as more valuable than everyone else’s. They need to learn what year we live in and know everything can be answered through the search engine on their phone. Do not defend stupidity
@bb1kehn
@bb1kehn Месяц назад
Investing early was definitely an understatement in my 20's, no one in my circle ever brought it up or when they did...they would drop the fear bomb of losing money. 15 years later...I'm investing and they probably haven't yet
@pete5691
@pete5691 Месяц назад
Very few are taught about it. The lower your socio-economic status the less it is even discussed with many believing the stock market is like roulette.
@MathiasMartinWR
@MathiasMartinWR Месяц назад
@@pete5691 Which is a damn shame considering investing has never been more easily available to people regardless of income as it is today.
@s1lenttoad422
@s1lenttoad422 Месяц назад
I’m in my twenties and it’s so frustrating even mentioning the word ‘investing’ to my friends. You get the typical reply of ‘you need a lot of money to make a lot of money’ or some speculative comment.
@bb1kehn
@bb1kehn Месяц назад
@@s1lenttoad422 That's a generalized approach to those who'r uneducated on the topic. If kids grow up without any exposure to the topic, then they would be working their whole lives or be a part of the hustle culture in some form or fashion
@jollama
@jollama Месяц назад
Laugh at them when they have nothing to retire with. They get what they deserve for forgetting what a search engine is
@JustPokey
@JustPokey Месяц назад
I think you should reconsider the practice of allowing the sponsor of the video to be part of the plot of the core video. I'm not saying don't get paid, but I do think that's slightly unethical.
@humphrey
@humphrey Месяц назад
Thanks for that feedback, you'd rather it be a separate integration altogether?
@JustPokey
@JustPokey Месяц назад
​@humphrey Yeah, in my opinion, this video would sit better if it were a list of 20 things, and then after like 5 or so "while we're on the subject of blah blah blah, consider taking a look at today's sponsor" ad "now number 6 is blah" it would basically still be the same video. This was far from the most egregious ad integration I've seen, so I'm not that upset by it or anything. Just voicing my very mild concern haha
@humphrey
@humphrey Месяц назад
@@JustPokey Ok i appreciate that very much, I'll definitely keep it in mind. We don't do toooo many sponsors on the channel (we've had 3 in a row lately but thats just because they lined up that way), but I do want the sponsors to be happy too so it can be a win-win, so I try to integrate them as best as I can. I also thought when I was making the video it would be nice to have that as a money lesson, because it is something I do believe in (not hiring a % AUM Advisor). But your comment is noted and I appreciate you bringing it up!
@KO-lw4lo
@KO-lw4lo Месяц назад
@@humphreyI absolutely get the other poster’s viewpoint, but I thought you did a great job making it clear that your point was to hire a CFP advisor and that your sponsors were just one choice of CFP advisors. I took all of the classes to be a CFP (except the last one as it was not new information) because I was given bad advice from a broker and due to my limited knowledge at the time, it took me 3 years to figure it out.
@Raphanne
@Raphanne Месяц назад
@@humphrey I love the fact that you take constructive criticism so well. It shows how much you care about making quality content.
@DaniOchannel
@DaniOchannel Месяц назад
All great points, Humphrey. I have much to apply. Appreciate your content. 😊
@Henchman_Holding_Wrench
@Henchman_Holding_Wrench Месяц назад
I splurge a little. I turn all of my tax refund and bonuses into shares of ETFs and pretend I never had that money. LOL
@hiddenpk1
@hiddenpk1 Месяц назад
I wish I did this with all my tax credits. God tier move that will retire even a modest earner a decade sooner.
@JaviGloza14
@JaviGloza14 Месяц назад
2024 is your year Humphrey I can feel it! Such amazing content
@tanisemmello
@tanisemmello Месяц назад
@raymondctchow
@raymondctchow 7 дней назад
Wait so i should have a CFP advisor to try to find a fund that has low expense ratio😅
@mikezerker6925
@mikezerker6925 Месяц назад
So if I live to be 500 years old, I may be as rich as Warren Buffet!
@nkosanamsibi7182
@nkosanamsibi7182 Месяц назад
😂
@user-ut2bw1vz1q
@user-ut2bw1vz1q Месяц назад
You lost me at the Bitcoin comment.
@LosingTeeth
@LosingTeeth Месяц назад
there's an eclipse and you're wealth posting!?
@humphrey
@humphrey Месяц назад
lol :D 🌙🌑
@ScottishJazzman
@ScottishJazzman Месяц назад
£50k bonus (net after taxes) - Splurge £10k, have a blast! The other £40k gets invested inside the ISA wrapper to grow tax free (if married). Sadly, I’m a public servant and don’t get bonuses 😂
@dmoneyplusmagic
@dmoneyplusmagic Месяц назад
Perplexed you recommended buying bitcoin. It’s speculation and doesn’t hold any intrinsic value. You quote Buffet a lot in your content and I don’t think he would recommend buying bitcoin. If you disagree, would be interested in a video of your pro crypto arguments.
@fwfeo
@fwfeo Месяц назад
2:05 the graph is flawed! The timeline is not consistent. It goes from three year increments to 5,6 and 10 by the end! His last three decades were the slowest wealth growth he’s achieved in his lifetime. He had doubled his wealth in three year early on, but the last 30 years it’s doubled every ten years!
@inigomontoya4135
@inigomontoya4135 Месяц назад
Millions of people on social media want to get attention by dressing nicely and showing off luxury items and nice cars. The thing is, with generous return policies, easy credit, and fast accessible delivery, most people can front an inflated fake lifestyle. It's become so watered down, generic, and sterile to do this that is no one is impressed. If you actually want to get attention, you should do the opposite, look like a bum.
@unkind4045
@unkind4045 Месяц назад
How did Warren Buffett turn 26k to 1M from age 26 to 30?
@jacksonbilly9979
@jacksonbilly9979 Месяц назад
This is my weekly comment to remind you to go on the money guy show
@humphrey
@humphrey Месяц назад
i would love to! i should Dm them.
@jacksonbilly9979
@jacksonbilly9979 Месяц назад
@@humphreyyes you should. I be harassing them also to invite you
@carriestiles1700
@carriestiles1700 Месяц назад
My Amex gold has a flexible limit. How do I know if im under 30%?
@owencline6182
@owencline6182 Месяц назад
Bitcoin tip was a flashbang. Garbage advice
@user-xx8kw5cb2m
@user-xx8kw5cb2m 9 дней назад
I'm rich asf then 😂😂😂
@SeunAdekoya
@SeunAdekoya Месяц назад
I would add one more but it is optional but will bring more money if you’re spiritual and that’s to learn to give money/donate. Morally it’ll help with greed and I always believe whatever you give, God will bless 10x more.
@rauleduardoarjona317
@rauleduardoarjona317 Месяц назад
¿can someone explain to me what is equity?
@marksweetser6312
@marksweetser6312 Месяц назад
The difference between the actual value of your real estate and your outstanding principle balance. Example: your house is worth 500k and you owe 200k...your equity is 300k
@Charester
@Charester Месяц назад
Do you think is worth investing in a roth ira if you plan to move out of the USA in the next 7-10 years?
@JoeyLeBlancMusic
@JoeyLeBlancMusic Месяц назад
Lesson 15 hit me on a deep/personal level I’m a Bartender & Supervisor and the amount of my co-workers that have no knowledge or care to learn about finance and blow all their money they make instantly is astounding to me. I track every expense, attempt to live below my means, and still have been building savings. Im no perfect example, but it’s really demotivating to be financially driven around people who aren’t 😢
@cathysheahan7036
@cathysheahan7036 Месяц назад
Top tip, buy BTC and HODL! 🚀🌕
@DefenestrateYourself
@DefenestrateYourself Месяц назад
I prefer roulette if you’re going to gamble
@Katie-dy7zx
@Katie-dy7zx Месяц назад
With automation, I learned the first rule is that you need to be living off last month’s money so that the money being pulled out each month is seamless and brainless. Otherwise, you’re still living paycheck to paycheck.
@jacobawojtowicz
@jacobawojtowicz Месяц назад
March was my first month for this. My paychecks go into savings and I'm just transferring my whole 2500 budget to checking on the 1st of every month. I've forgotten all about the concept of pay"days"
@BananaSoldier1234
@BananaSoldier1234 Месяц назад
Why is it bad to be greedy? I feel like anyone who says that just demotivates people. Cause then you ask why care?
@BananaSoldier1234
@BananaSoldier1234 Месяц назад
If you do it the right way, you eventually make more and more. That means more jobs for people who have no ambition or collegue students dont you think?
@Ghostrider-xv9rj
@Ghostrider-xv9rj Месяц назад
god all these channels want you to do is just save money and never actually use it to enjoy life. life is way too short to always worry about saving every single paycheck and investing in stocks and holding till im 60 and at that point I wont be able to do anything i actually enjoy
@genuinelysarcastic
@genuinelysarcastic Месяц назад
It’s funny you say that because I find things so expensive now that I find that saving up for things now is hard as well
@damondiehl5637
@damondiehl5637 15 дней назад
You are setting aside a fraction of your income. Are you going to be a grasshopper, or an ant?
@MrJulka11
@MrJulka11 Месяц назад
6:00 i wish you would have mentioned an environmental donation on the co2 compensations that can be done... maybe 10 to 20% of your flight costs on top as compensation donation.... it feels like everytime you really focus, really "nobooody" in america gives a fuck about a safe planet and caring living in harmony..... :( even somebody in such an important role model position will not consider to raise awareness next to all the empowering videos to be selfish and selfish and selfish and care for you you and you and you. i dont know. :(
@damondiehl5637
@damondiehl5637 15 дней назад
The Obamas bought an beachfront mansion after they left office. Let that sink in.
@Shootsmith
@Shootsmith Месяц назад
Point #9 (buy some bitcoin) is dumb and has no place on this list.
@IamAWESOME3980
@IamAWESOME3980 Месяц назад
r/antiwork people disagree. You owe them universal basic income
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