I'm still in my 20s but love watching these videos targeting older ages to make sure I'm on the right path. Thanks for this Erika!

@Erika2

3 жыл бұрын

LOVE this!!! Proud of you for being so proactive about your finances in your 20s :)

@monicasyoutubechannel3225

3 жыл бұрын

same here

As someone who’s rapidly approaching 40 - I can corroborate everything you mentioned. My Tesla was probably my biggest splurge (tho purchased with cash) but otherwise - Ive managed to live well below my means and still have nearly the same monthly expenses as I did when I was 30. All my clothes are from Target, haha. I live in a modest condo. And as my income increased, I managed to invest more every single month to the point where I was able to see the true power of compounding over the last decade.

@Erika2

3 жыл бұрын

Love this!

Everyone should watch this video! People in their 30s should also avoid spending a ton of money on weddings and their kids (such as private school, brand name expensive clothes/shoes/etc.). Thanks for another informative video.

So true, I’m a victim with the “lifestyle creep” wanting to look rich browsing designer stuff when all that money could go to my emergency fund! Definitely a good reminder. 💯🦋

When a I realized my money could make me money and buy my carefree childhood days back I stopped wasting it.

@Erika2

3 жыл бұрын

Well said!

@SwatiSharma-li8nt

3 жыл бұрын

Can I ask how you approached this?

@goingoffscript5063

3 жыл бұрын

@@SwatiSharma-li8nt put your money where you can guarantee it makes money back....Stocks, business, exotics cars etc. As long as you understand the game you're playing

I completely agree about the expensive partner part. One of the most common reasons for divorce is money. Divorce and lawyers are also expensive. Love is not enough for a sustaining relationship! Trust, communication, and financial goals are things people don’t think about in relationships..

Thank you for this. I feel your big sis energy. I’m 22 and proud of learning personal finance for myself. Thanks Erika! 🥰

currently in my early 20s starting to take your advice now earlier, rather than later! thanks for your videos, I always watch them start to finish since I found your channel. :)

@Erika2

3 жыл бұрын

Thank you! So excited for you. Early 20s is where you can make a huge impact on your finances :)

@jaelhadas

3 жыл бұрын

@@Erika2 thats the plan hehe thank you :) the point you made where people give up right before being able to really see the fruits of their labor resonated with me. I am working on making this change in my life to not always expect instant gratification and to be more PATIENT!! Lol

Great channel keep grinding sis . God bless you 🙏🏾

You're doing a great job keeping us updated on how things should be keep up the good work

I'm not in my 30s but one thing I've noticed is that trying to impress people who don't even like themselves will costs you a lot...and that itself is dumb thing to do whether it involves money or not.

You are speaking to me. Like literally. Thank you so much for your video! 28 years old and have been struggling with Patience and short term stock trading vs. long term investing especially !

I really like the advise you give in your videos.

Thank you for the great information you are one of the best

This is great Erika. Your content is (meaning+power)full. There is so much to learn from your Journey. Thanks for sharing.

@Erika2

3 жыл бұрын

Thank you so much Anand!

ERIKA U ARE THE BEST...THANKS FOR UPLIFTING AND WORD OF INSPIRATION

Legal. Waiting for the video for us 9 to 5'rs. Thanks Erika! Totally enjoying all your videos. Learning a lot from each one.

Arigato Erika! Such a helpful video!

Great content! Subbed for the refresher I need to keep on track

Thank you Erika I appreciate your time Blessings 👏

@Erika2

3 жыл бұрын

I appreciate you!!

Great video Ericka. Keep up the good work 🙂😃🙂😃!!!!

I discovered you today, Ms. Kullberg! Your work is of great worth. Thanks!

@Erika2

2 жыл бұрын

I appreciate that!

Something I learned as a Financial Statement Auditor, the people in the business making the most money were those who created the business. Something I wish I would have done earlier would be to start creating!

Hi Erika I just found out about your channel few days ago, and since then I can’t stop watching your contents and videos. You are such amazing intelligent sophisticated sweet young lady with great heart ❤️ Thanks for quitting your job and helping us🙏🙏🌸🌺💐🌹

Great Tips, Great Content, Great Video. Precise and to the point. Thank You!

@Erika2

3 жыл бұрын

Thank you so much!

@allthingsinvestingandfinance

3 жыл бұрын

@@Erika2 of course thanks for being an inspiration to small KZreadrs like myself.

Great data, very Wise, 👏👏👏💎👑🙏🙏💯👍🌟⭐️., I agree with you Erica on not having an expensive Partner, also the purchasing a use car first. Great Point, Love your mindset.

I got a while before 30 but you make some solid points! Just keep growing your income and maintain or reduce your expenses...

@Erika2

3 жыл бұрын

Yep! Exactly!

Thank you Erika

Great video

Really enjoyed listening to this video. Learning about compounding that's something new. Yes school never taught about saving for our future. Keep these helpful life investing tips.

Subscribed immediately!

I’m 28 and this is very helpful. Thank you.

@Erika2

3 жыл бұрын

Thank you Sean!

Great video Erika!!!

@Erika2

3 жыл бұрын

Thank you Orlando!

Congratulations 🎈🎊🍾🎉 on all your success

@Erika2

3 жыл бұрын

Thank you so much!!

Thanks for this. I feel all money info is for those in their 20s. Nice to see something for us in our 30s also

@Erika2

3 жыл бұрын

My pleasure!

I needed to read this

Great content!

@Erika2

3 жыл бұрын

Thank you Omar!

New subscriber here! Thanks 😊.

AWESOME VIDEO ERIKA. Thanks for sharing. Always learn something new on here. Keep the incredible content coming. Hope you have an amazing day. Always a pleasure seeing your beautiful face and smile. Huge hugs. Hope you have an amazing day

@Erika2

3 жыл бұрын

Thank you Tim!

I felt like you were channeling Robert Kiyosaki when you were talking about what they teach (or don't teach) in school. Another Great Video!

@Erika2

3 жыл бұрын

Totally true! Rich Dad Poor Dad is a great read for anyone starting out :)

Awesome video 😁🙏

Thank you Erika... :)

Awesome video!! 🚀🚀

@Erika2

3 жыл бұрын

Appreciate it!

I love how you say probably!!😃😃

Great video 😎🗽💼👍

@Erika2

3 жыл бұрын

Thank you Rodney!

One week to quit my job and going freelance, then u showed up! . You resonate with alot of people who are tried of time slavery. Thank you for the guidance and support. :)

@Erika2

3 жыл бұрын

Thank you!!

@bitgirl

3 жыл бұрын

Same here, cheers e-friends!

I’m 19 but pursuing a legal assistant position and I’m almost done with my BA! Working to apply to law school to be a corporate counsel attorney so these videos are so so helpful!! Thank you!!

Actually great video. Nice :)

@Erika2

3 жыл бұрын

Glad you liked it!

You are right a car get you from point........ A to point B. I get the point. 😁😂. Thanks for sharing the information it is helping many people understand how to handle money wisely.

Nice work 🎇✨🎆

Would love to see a video about finance and relationships when you both want to be business partners and have your own businesses as well.

I love your content

@Erika2

3 жыл бұрын

Thank you Jay!!

Nice!

I'm in my late 30s and I will start investing soon. This is so new to me too, they don't teach this anywhere. But I am hopeful I will be able to get some financial self sufficiency.

Another great one! Now for that Dollar menu... 😆

@Erika2

3 жыл бұрын

hahaha :D

Omg I wish I could go back to my 30s.... As you say, 30s was fun.

You have a really nice smile Erika 😊, also great video 👍

Your content is topnotch

I made a lot of financial mistakes in my thirties but thank God I was able to correct them by my mid forties. I’m in a great place right now with only my mortgage just in time for the kids to start college. Awesome video for folks just starting out.

Can confirm the expensive partner trap. Broke up with her back in 2017, but still out $1200 to this day. I'll never see that money.

Hi Erika, you inspire me so much, you are beautiful inside and out. Thank you for such amazing videos. I have an ask for you dear: Could you prepare a video talking about best investment options for someone planning on retiring abroad? Ijust created a roth ira using your backdoor explained, but now i am thinking: Is roth really for me? am i going to pay taxes twice, since i will retire abroad? if i do traditional ira, wouldnt i be better off? Please guide us all and thank you so much for such amazing content

Basic common sense in this video. I loved it.

Cool vid! Stop buying expensive things.. totally agree with that..I am a fan of minimalism

@Erika2

3 жыл бұрын

100%!

@itzelr3514

3 жыл бұрын

Same here, I have been criticized. At first, I felt bad about it, but now I care less and less

I traded my infiniti truck for a 2003 buick lesabre, and its solid as a rock, got it cash money

@Erika2

3 жыл бұрын

YES!!

When I was young and heard about Roth IRAs it just made me think of broth and that was the end of that

@Erika2

3 жыл бұрын

LOL!

LOL! Those car guys are so shady!

Hi! My wife is starting a KZread channel and we wondering if we should start an LLC for tax purposes. Also I love your content. I appreciate your honesty in your videos and you have great insight !

@Erika2

3 жыл бұрын

Hi Mike! Congrats to your wife. Regarding the LLC - feel free to reach out to my team at support@plugandlaw.com and they can point you in the right direction.

Love the fact your name is spelt the same way as mine🤣💜🥰🥰🥰🥰🥰 you’re the best

Luckily I came across your channel. Your videos are saving me from going bankrupt. 😂

Solid advice. I agree that school does not teach some critical life skills such as personal finance and critical thinking. The example you gave of something being taught in school as not being useful was long division as you talk about personal finance. That's the definition of irony if I ever heard one. Math (including long division) turned out to be the most useful thing I learned in school and use it everyday. I'm pretty sure you use it everyday too.

Love the points you made :)

@Erika2

3 жыл бұрын

Thanks Christy!

hahaha! perfect subject!

Hello Erika viewed your video referencing savings on waving the car rental insurance from post credit card insurance benefit will you elucidate more on this? Our son and daughter in law do remote work, travel a lot because they can and use car rentals often my wife and I are always encouraged to support their union with healthy frugal and wise information hacks like what you offer hope to understand more yes and thank you for being you

So true. I love the examples. Want vs. Need! My boys push me to get a PS5 like they have and give up my PS3. They have to pay $$$ annually to play online....I do it for free! Great quote - Be rich or look rich. Anyway this was a fresh topic, thank you Erika for bringing this to us.

@Erika2

3 жыл бұрын

YES! Love that example. Thanks so much for watching!

I had different thoughts about the new car. I’ve had plenty of used cars in my life. I still had to finance them. They usually turned into a piece of crap around the time I paid them off. I had to buy a new one then. I decided this last time to buy I brand new Toyota. I paid it off with less than 100K miles and have been driving a paid off vehicle now for years and hope to continue driving it because Toyota’s trucks seem to last for a long time and hold their value. I could sell it and make quite a bit of money if I wanted to.

@Erika2

3 жыл бұрын

Interesting perspective! Thanks for sharing!

I fell into all of these traps. Now I need to make more money. I didn't care about looking rich, I just had expensive taste. So I was never comparing myself to anyone else or trying to impress anyone. I bought quality items. However, I started to realize that I don't need the best quality item for everything, or need to buy some stuff. Now I have a goal of being financially independent and doing my own business. I've been talking about doing a business for years, but I'm finally moving forward with plans.

So wise, I’m NOT in my 30 or 40’s! Listen 👂 to this beautiful human being. She is on point! I’m struggling to get of a hole that I’ve dug for myself!!!!

@Erika2

3 жыл бұрын

Awww thank you! You can do it Carla and turn things around! I'm rooting for you.

@Kay-12345

3 жыл бұрын

I hope things getter better in your future. Take care my friend :)

Me also...well, I had a Roth IRA at the bank,in my early 20s, but cashed it in....in my late 20s, I opened another IRA with schwab. I've done well since.

I have a different perspective for expensive things. After years of work work work, save save save, live so minimum, although earned good income, I don't see meaning of it. I think there is a distinct between cost vs value. Something that make meaningful to your life, even though it costs more. I think sometime it's worth it. For new car, I think there are many good things with that. Buy something good and stick with it for long time is a better strategy and buy the old one then keep switching. The best value for new car is not the new car but the first year model when OEM redesign.

Great video and very inspiring

@Erika2

3 жыл бұрын

Thanks so much!

How do you know what stocks to invest in monthly? Ive done a little bit of my own research, but its all so new to me. I mean i have robinhood ive put a little bit of money in, but nothing big. Pretty much i have a savings account that i put my extra money in and its not making anything.🤦🏽‍♀️

Please scroll up and hit the like button! :) Helps the channel out. I appreciate you & have an amazing day! Get my free passive income guide - erikakullberg.com/passive-income/ Get 2 free stocks (2nd one worth up to $1,600) when you open an account and deposit $100 - erikakullberg.com/webull

I am a 52 retired single mom who retired when mom was going thru cancer and I had health issues prior. Now my mom passed in March 2022 and I life changed. I have a 31 year old and 18 year old. I have a lot to say but trying to start my KZread channel again. Didn’t feel like recording about anything when mom was passing. Self employed on giving free government phones. At my own time. Have the time and now Consistent

Hello Erika what do you think about having disability insurance just in case you get injured at work and can’t go to work and if your out of work you don’t get paid for a period of time if you don’t have something like Aflac is it worth it ?

How long did you stay in the law firm ?

"They stay trapped" man, if people only knew there was a trap!

I never thought about buying a new car as a financial decision. I bought one because I like it. I don't regret it one bit and it makes me happy and I feel good every time I drive it.

Although I agree with the premise of building wealth early on and using that to have a wonderful future, as you said your self , Warren Buffet didn't see the result of his accumulation until 50. If you value time you want to also enjoy that wealth in your 20s and 30s when you are most able. I might not be as fit and healthy in 20 years time even if I have wealth. So you have a continuous battle here

Glad my wife more frugal than myself. In our 30s we already have 5 rental properties, six figure income, but still drive a prius 🤣

I bought my car brand new and is worth more now than when I bought it. But usually yes brand new cars do lose value

The awkward wink was perfect needs no practice

Thank you. You are doing God's work!!

Please do make pep talks :)

@Erika2

3 жыл бұрын

:)

hi - looks like your passive income guide is down - just fyi - GREAT VIDEOS!

@Erika2

3 жыл бұрын

Hi Chris! Thank you for the heads up! I'll try to figure out what's going on :)

Nice thumbnail :P

@Erika2

3 жыл бұрын

Hahahaha I was super embarrassed to post it but I'm trying to get my moneys worth for this fake money LOL

I buy a new car for cash, look after it well and keep it for ever. That way I am driving a new car even after ten years. Same for everything else in life.

Grilling out is best.

First Trap: DON'T GET MARRIED!!! That is the first financial trap

@Erika2

3 жыл бұрын

Haha :)

@cwong1229

3 жыл бұрын

@@Erika2 Except Erika, I want to marry Erika, that's it! Because Erika is a lawyer meaning she is rich!!! I love 💘 rich women \(>33

@cwong1229

3 жыл бұрын

@@Erika2 Be my sugar mama, Erika \(>3

@MrSayonara88

3 жыл бұрын

@@cwong1229 damn someone is thirsty...i'm sure you love rich women, but why would they love you? i don't think babysitting a random adult is on her to do list...

@rejikrejik

3 жыл бұрын

@@cwong1229 she is already married simp

Channel bags == expensive partner

Taylor Sands!!!