One thing I’m doing to build wealth is learning to cook! I feel like knowing how to cook is such an underrated financial and life skill and its the reason I eat out so much. I don’t know how to cook, I am a picky eater with a limited palette, and I get tired of creating the same meal plan over and over. Thank you for the video!! ❤
The New York Times has an amazing app with recipes. Its like $4 a month but so worth it. You could simplify some of the recipes to make them fit your palate better too!
I think a good skill to have is learning how to mix and match different ingredients you have in your kitchen to make recipes (instead of buying new food every time you cook)
Hey Aja, I have been following you since 2019. You taught me how to do sinking funds and to treat myself while I save money. Lately your vision board party inspired me to do the same witg my girlfriends, I prepared some icebreakers and made some food. Turns out everyone needed a space to share money experiences and everyone thanked me for that. So I want to thank you for inspiring that. I might do them regularly and share some learnings I have accumulated on investing, budgeting, and saving. Keep it up, you are a great role model ❤✊🏼
Hi Aja! Love to see our Finance queen back, thanks for the great content :D Quick question: will you try to pay off your mortgage early? And why or why not?
Yes! Not as aggressively as my student loan debt but we’re currently adding an extra $500/month towards our mortgage (which is easily covered by our side hustle). Our after-tax mortgage interest expense is greater than what we can conservatively expect from investing, so that’s why we’re adding more money towards the mortgage (but we can also achieve our investment goals so it’s just finding that balance right now)
Great tips! I use cash for all the items i overspend on. It's really helped me stay on track. I picked up a side-hustle job to pay down my car loan as fast as possible. I'm working 13 days on and 1 day off. It's tough but every bit helps to achieve my goal!
Not having a life is the greatest start…no shopping for wants, no dining out, no vacations, no entertainment like going out to movies …do that for 2-5 years , that will knock out your debt
This may be true, but terrible advice for most people. The average person will fail at this strict plan and feel discouraged, and may give up entirely. Who wants to live miserably with no fun?
@@chelsea3177 those who are willing to sacrifice the short term for long term success. It’s just another option just like everything else in life one is willing to choose
Aja ~ I wanted to extend my heartfelt congratulations to you for reaching your goals and inspiring us along the way! I remember watching your debt-free series and was genuinely shocked, but now, as I'm a few years older, they fill me with hope. (And don't mind me, I'll be rewatching that series as I build my wealth in 2024.) So, thank you Aja for not giving up 💖
Hi Aja! Love you content. Thank you for your generosity and transparency. I definitely want to know more about hysa- I think it’s the next frontier for my husband and I. Do you have a dedicated video on this topic?
Hey love, A few more strategies that could be implemented is minimize your bills as much as possible. I paid off my car, so I don't have a car payment. I change phone company. I went from T-Mobile to Mint Mobile, which I think are the same company now, but I went from paying over $120 month to $300 a year. I pay my car insurance every 6 months.
I highly agree about checking your accounts regularly. On two occasions I’ve had restaurants charge me more than I authorize. So any time I go to restaurants I pay in CASH. because I’ve had sneaky people try to increase/alter the tips and it’s very shady.
Hi Aja! Can you please do a video about savings accounts for people in their 20s? I’m going to start graduate school soon and want to know how to start saving before I have basically little to no income. I’m overwhelmed with the different types of savings accounts like Roth IRA, traditional IRA, etc. thank you !
Diversify across not only growth companies like Tesla , Nvidia and Spotify but also in dividend paying shares like Microsoft and Henkel ... Some companies are well established and are dividend kings.
Remember that time when you decided to move your entire lives to another state to save money on taxes probably because some people said you should and you ended up wasting so much money and time just to move back
