In this video I give a simple framework that you should think about regarding your personal finances. Whether your goal is to be better at managing money, improving your financial situation, reach financial freedom, or build generational wealth, this framework will always apply.
TIMESTAMPS
00:00 Introduction
00:34 The First Four Pillars
02:10 Basic Financial Statements
03:32 Your Income Statement (Tax Return)
05:33 Your Balance Sheet (Wealth)
06:32 Your Cash Flow Statement (Day To Day)
07:40 Financial Freedom
08:24 How Generational Wealth Is Created
09:30 Leverage
12:22 What Wealthy People Focus On
2 май 2024