There’s something very unique about this video can’t lie. Thank you for all you do!!! “Investing in yourself; investing in others can yield tenfold and it will make you a more abundant person” ~ RTR 2023 AD
The point about being clueless is such a real mind block. Despite all the resources out there, investing can still feel like a black box (tried robo investing for a while though but couldn’t take my eyes off the dips 😅). But I’m gonna learn soon though.
I follow a financial strategy inspired by the principles outlined in the book 'The Richest Man in Babylon.' Each month, when I receive my salary, I allocate the funds using the following formula: 10% for Charity 5% for Savings 5% for Investing 10% for Settling Old Debts (if any) 70% for Monthly Expenses Any surplus or extra income can be used for personal expenses or added to the following month's allocation. This disciplined approach helps me prioritize important financial goals while maintaining flexibility for personal needs. Thought this might be helpful
I love how you talked about how there isn't an excuse for not learning about money. Too much information from books, podcasts, blogs, and webinars to help us learn about personal finance. I also find that when you start learning about simple concepts like budgeting and short-term savings, you can then learn more complex concepts like compound interest, investing, etc. Learning is a journey, and we just have to start small.
Glad it was helpful! Thank you for watching! I have a playlist here that may help :) ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-fq-JPBHmRyM.html&pp=iAQB