I personally doing a money management for almost 4 years which are listed in 4 items , 1. Commitment 2. Expenses 3. Savings 4. Idle fund The idle fund is the extra fund to put in any legal investment such as 1. Crypto 2. Stock 3. Precious metal 4. Online/offline business 5. Reits 6. Bond 7. Cash / Money market It really help me to survive. Trust in the process. MM is good for everyone to track and manage financial. Btw, good video from mr money tv
Just followed you last year and got awareness about financial management since then, 22 years old rn i hope i found your videos sooner. Keep it up n thanks for the tips sirr 🙌🏻
Sometime people can also save some small token by just using Credit Card. You will realize that by using credit card to pay for some daily expenses can save about RM50 - RM100 just by using credit card or loyalty programme, is another form of "subsidize" on your expenses.
@@ryukendo85 ya, example like the Citibank CashBack,anyhow you will need to spend on Grocery, Top Up Grab, Petrol & Dining. All these 4 category will give you Max RM40 cash back every statement cycle with just spend RM500/statement date. Imagine if you can strategically spend your RM1500, you can easily Get about RM50 - RM100 cash back from multiple credit card.
Good video! I would like to add another step here. After all of these budgeting and planning steps, there is one more: tracking expenses (thanks Mr money for the correction). Record all of your income and expenses on a daily basis (you can use apps; there are a lot of apps online). After a few months, you should be able to determine your spending habits (do you really spend that much or less?). Then, you can further improve your budgeting plan. Cheers !
Would you think that stashaway is a good platform for DCA into SnP 500 for about say 500per month? All I am asking is if i should trust stashaway long term, other platform that I know is not worth to DCA into due to their high fees and conversion rate
@MrMoneyTv what do you think about savings usdt or busd in binance exchange with 5.5% - 6.0% APR for savings purpose. It is good enough to make savings in crypto ?
Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to maneuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere?
@matteo salvini The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $1.5m in return on investment, since using a coach for about 2years.
@matteo salvini I've shuffled through investment-advisers in the past and so far Laura Marie Keilman has proved to be the most effective and well grounded, she has quite an audience so you can easily just reach her on the web to gain access to her, just look-the name up
Video anda hebat. pelaburan crypto adalah pelaburan terbaik jika anda melabur dalam platform dagangan yang baik. Telah mengenali Emmerson kurt seorang broker profesional telah menetapkan kebebasan kewangan saya. walaupun penurunan yang saya masih buat dia telah pulih$32600 saya rugi berdagang denganamatur. amat disyorkan
