How Do You Stop Worrying About Money?

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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Опубликовано:

15 сен 2024

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Комментарии : 35

@cakechewbacca 3 месяца назад

I think what eases me the most from this video is knowing that I'm not the only one worrying about it all and consistently crunching those numbers. We'll all be fine guys stay calm

@MakingMoneyPodcast 3 месяца назад

You're definitely not alone!

@mrmeldrew693 3 месяца назад

Best bet is to be born wealthy. It is possible to work your way to being comfortable, but it's pretty difficult unless you have a high value skill and will take time. I wonder what percentage of the UK have the basic first step of 'three to six months' expenses saved - I bet it's a low percentage.

@emmapriscilla6132 2 месяца назад

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

@favoursmith8501 2 месяца назад

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

@debocknolan6273 2 месяца назад

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@masangogabriel3356 2 месяца назад

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@debocknolan6273 2 месяца назад

I definitely share your sentiment about these firms. Finding financial advisors like Monica Lisa Payne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@masangogabriel3356 2 месяца назад

Monica has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

@PeterHitchmanYT 3 месяца назад

I use an IFA, apparently I’m good, does not stop me running the numbers myself, but not at bedtime though 😊.

@luvadealme 3 месяца назад

Ha ha, am addicted to tinkering with my spreadsheet too! 5 to 7 more years and it's time to get out of dodge.

@matthjas67 2 месяца назад

If you worry now you'll still have a propensity to worry about your finances in the future. Determine the plan which will help reduce these worries the most. I payed off my mortgage but still worried about keeping my job and investing for the future. Life gets in the way and there's always something to worry about financially. To help reduce your concerns heed the advice that is out there and put your plan into action. Stick to your plan but don't forget to review it - perhaps yearly. Get yourself that rainy day fund, pay for that critical illness insurance, etc. Invest in yourself so you have a greater earning potential. All these things can help. Take the most appropriate decisions as they relate to your own particular circumstances.

@bosshog36 3 месяца назад

Makes sense to rerun the numbers at the moment as there are many contradictory indicators

@jaythefox 3 месяца назад

Meditate daily. 🙏

@davem.4003 2 месяца назад

Yeah! The results of my meditation: I thought of one new opportunity and three more risks - I need to re-run the numbers. 😮

@EmmaCruises 2 месяца назад

I think this is the same as me as a kid counting the pounds from my piggy bank over and over 😉🤣

@chobb2061 3 месяца назад

There’s one thing investing for a bright future and another being obsessed by money. I’ve noticed since entering the investment world it’s full of greed and obsession with money… pretty sad really. I’ve known too many people that had it all made and completely sorted in life and still they strived for more money. Sadly some are no longer here to enjoy what they became so obsessed with, they had a shit hand dealt them at a pre retirement age. As hard and shitty it is for some people, and it is shit for some… try and live today also!

@acatch1 3 месяца назад

I think in a previous video you said you have a cash flow model we can download? If so can you reshare that link ?

@therealJohnSmith 2 месяца назад

Thomas Sowell

@Phil_AKA_ThundyUK 3 месяца назад

Just got made redundant so ...dunno!

@pickerjo2000 3 месяца назад

By having lots of it

@IAmebAdger 3 месяца назад

Doesn't work for most people. One problem is if you have the mind set that allows you to save lots and work hard to earn lots, then that also tends to come with the mind set that makes you worry about losing it. And if you don't have that mind set, then you never were going to worry as long as your bases are covered anyways.

@cantbendknee 3 месяца назад

I have a question: my 10 year old niece has a bank account and card. What resources and books are there aimed at her age group on managing money?

@simonjonesptchester 3 месяца назад

Deborah Meaden was recently on the Making Money podcast. She’s written two books on financial education. For 6-9 year olds, 'Why Money Matters'. For older kids/young adults, 'Deborah Meaden Talks Money'.

@MakingMoneyPodcast 2 месяца назад

Thanks Simon! Yeah it's a great starter book on understanding money. You can watch the interview here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-DgX9pMSXJ8Y.html