A few years back, I was always in the very frustrating place where bills would constantly pile up and yet I had no money to pay …
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A few years back, I was always in the very frustrating place where bills would constantly pile up and yet I had no money to pay …
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You can make cash back on certain credit cards, so I wouldn't say write them off completely. If you treat them like a debit card and pay them off completely after every purchase, you'll earn free money.
If you choose to avoid spending on credit cards, you may be making it harder on yourself to get a mortgage or take out an emergency loan in the future. By paying things off immediately, you build a positive credit history, which impoves your score.
Just be smart and don't spend what you don't have. Check your bank account before spending on your credit card and you'll be fine.
This is very informative. Newcomers must remember that financial markets are highly irrational short-term, so be prepared for the unexpected. Given the market risks, I prefer long-term investments.
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Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
Budget is a great tool
I consider the 1% rule kind of extravagant. My rule is usually $100
It's quite shocking how few people know about the forbidden book: Making money your reality
Thank you for your valuable advices. Worth watching
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Great Video!
can someone break down what he means by continue to spend quickly
great video
In 2024, Don't set new year financial goals without consulting a financial adviser. Their expertise ensures a solid plan for success. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
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Excellent advice here! It's astonishing how monitoring expenditures and devising a budget can fundamentally alter our financial strategy. Immense gratitude for the practical wisdom imparted in this video
Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life,.,.,
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
Excelente Canal de Educación Financiera!🚀