7 Steps to Become Financially Free And Live a Good Life
In today’s video, I’m giving you 7 practical steps which you can use to become financially free. Enjoy!
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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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Пікірлер: 247
1. Start with a plan 2. Stop exchanging time for money 3. Invest in yourself 4. Live beneath your means 5. Learn to manage money 6. Save and invest 7. Avoid debt unless it makes you more money
@PracticalWisdom
3 жыл бұрын
Awesome!
@dileepdas4800
3 жыл бұрын
Awesome!
@musajallow1530
3 жыл бұрын
Thanks for sharing this with us
@kennykenaz8340
3 жыл бұрын
This is just superb, I been tryin to find out about "financial tips for 2012" for a while now, and I think this has helped. You ever tried - Ferapt Freedom Fanboy - (should be on google have a look ) ? Ive heard some interesting things about it and my cousin got great success with it.
Financial independence is the dream baby! Hoping that everyone watching this video can achieve their financial dreams!
@PracticalWisdom
3 жыл бұрын
Preach! haha
@chenleili5913
3 жыл бұрын
Practical Wisdom - Interesting Ideas òpk u……ley颗m k m p k m l m ma l ni k1⃣️开门ym一美女们bmuhbliuo ombmoojupi哦哦闺女ogyvjnohignhii h no g
@wilsonanna4951
3 жыл бұрын
*Cryptotrading seems to be the best alternative for financial backup mostly when it comes to Bitcoin trading.... But my advice is for traders not just to invest and trade blindly with wrong strategy or signal, for me trading has been so profitable because I was guided by a pro trader Known as Sir Robert Johnson with his working strategies turn out to be one of the best in the investment world. During my first month I was able to accumulate and grow from $15450 to $221350 which you will agree is a good profit, I will advise everyone who is willing to grow a very strong portfolio to make use of Robert Johnson's strategies. he can be reached via Whats@pp +1 (3 4 7)- 6 7 6 2 9 6 5, for guidance and inquiry on trading profitably.*
@kevindudson2344
3 жыл бұрын
@@wilsonanna4951 Ohh yeah. And I can only attest to mr. Dick Richards Lionheart the third. He has grown my money so much.
@garronkaramitas4215
Жыл бұрын
Good video, but man oh man those sounds you added were painfully annoying!
I am 13. Setting up gumball machines throughout the town. Make 80 dollars passive income a month. Planning for life.
@noyes8254
3 жыл бұрын
Thats great!
@topeyhendrix6917
3 жыл бұрын
Sharp!
@PrimeMatix13
3 жыл бұрын
Hey I also want to do something like that, can you tell me how to have better chances at making it successful?
A day doesn't have 24 hours, the earth just rotate and gives us light or dark. It can be day in one country and night in another. Don't limit your mind with this believe. The time they gave us to believe is to keep us poor and limit our believes. *IF YOU'VE READ THIS, I HOPE YOU BECOME SUCCESFUL IN LIFE ONE DAY*
2 key takeaways: 1) develop a high-income skill and keep providing service or create products 2) live below your means so you have savings to invest. Hope anyone reading this achieves financial freedom! 🎉🎉🎉
Sort of like Dave Ramsey method “Get out of debt and stay out of debt.” “Live like no one else so that you can live like no one else.”
@angelabakloyvovtchaikovsky1609
3 жыл бұрын
Hire a lawyer
@mwas4299
3 жыл бұрын
Dave my man stay stay outside credits
Who else is ready to Develop there MILLIONAIRE Money 💰 making Skills?
@copyrightfreesounds39
3 жыл бұрын
Me i want to earn my 1st million in internet hope soo
@wilsonanna4951
3 жыл бұрын
*Cryptotrading seems to be the best alternative for financial backup mostly when it comes to Bitcoin trading.... But my advice is for traders not just to invest and trade blindly with wrong strategy or signal, for me trading has been so profitable because I was guided by a pro trader Known as Sir Robert Johnson with his working strategies turn out to be one of the best in the investment world. During my first month I was able to accumulate and grow from $15450 to $221350 which you will agree is a good profit, I will advise everyone who is willing to grow a very strong portfolio to make use of Robert Johnson's strategies. he can be reached via Whats@pp +1 (3 4 7)- 6 7 6 2 9 6 5, for guidance and inquiry on trading profitably.*
@angelabakloyvovtchaikovsky1609
3 жыл бұрын
Is this a joke??
@renukamedicalramtek9810
3 жыл бұрын
Mam tell me pls I m ready help me 🙏🏻
@user-nh1nu5fo9z
3 жыл бұрын
@@renukamedicalramtek9810 Great video, well I still see Cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest crypto asset bitcoin. As a trader, I have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though I am not kicking against Hodl, but I see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders lost their investment which is always painful, which is why i find day trading as a major source of making profit from the crypto sector or copying trade alerts from a professional trader like Mrs Linda Rachke whose trades are very accurate and i have been able to grow my portfolio massively from 0.4 btc too 4.5 btc in just 5 weeks of using his signals. Linda Rachke runs program for Wealthy Elites on how trading cryptocurrency works, helping them utilize the volatility of the crypto market and also stacking up more profits from the market. She can be contacted via Whats App : + 𝟭 𝟰 𝟭 𝟯 𝟱 𝟮 𝟲 𝟳 𝟲 𝟵 𝟵 for more guidance
someone had a field day with sound effects. couldn't make it past #2
The small goals is true. I set where im trying to get too and the steps its going to take to get there.
Life is a “lottery” that we have all already won. But most people do not cash-in their tickets. Unbelievable 🖖
@PracticalWisdom
3 жыл бұрын
Awesome quote!
@naingwin523
3 жыл бұрын
@@PracticalWisdom qqq
Unfortunately, too many of us fail to achieve it. We are burdened with increasing debt, financial emergencies, profligate spending, and other issues that thwart us from reaching our goals. And we encounter unexpected events, such as the pandemic, that overturn our plans and reveal holes in the safety nets we tried to weave for ourselves and our families.
@PracticalWisdom
3 жыл бұрын
Life sometimes sucks ay... We should keep striving, and one-day success will follow :)
@angelabakloyvovtchaikovsky1609
3 жыл бұрын
Some people are born with a cushion
@christiansnaturestudio6599
2 жыл бұрын
I feel you
Thank you!❤❤❤❤
Loved this!
Thanks 🌎
Use these steps on the daily while also doing some of the sides hustles I talk about on my channel! 👍
i just listen to this because of your calming voice 😊
Visualize first, then plan. Anyone's vision of financial independence can probably use a reality check.
@PracticalWisdom
3 жыл бұрын
Brilliant, use the power of the mind and see yourself successful!
Thanks for the advice
I love all your contents ♥️
Great suggestions! This is such an important topic to be discussing right now, I really enjoyed the video!
@PracticalWisdom
3 жыл бұрын
Glad you enjoyed it!
Great video! Very informative 👏
I found value in today's video. I took it to the Pawn Shop. I will repeat this each week of my life.
@mariacarmona8307
3 жыл бұрын
That's a great idea
Love the content, very informative!
@wilsonanna4951
3 жыл бұрын
*Cryptotrading seems to be the best alternative for financial backup mostly when it comes to Bitcoin trading.... But my advice is for traders not just to invest and trade blindly with wrong strategy or signal, for me trading has been so profitable because I was guided by a pro trader Known as Sir Robert Johnson with his working strategies turn out to be one of the best in the investment world. During my first month I was able to accumulate and grow from $15450 to $221350 which you will agree is a good profit, I will advise everyone who is willing to grow a very strong portfolio to make use of Robert Johnson's strategies. he can be reached via Whats@pp +1 (3 4 7)- 6 7 6 2 9 6 5, for guidance and inquiry on trading profitably.*
thanks slot
Thank you for this video
@PracticalWisdom
3 жыл бұрын
My pleasure :)
Nice video. I learned a lot.
Very informative. I would need this in my upcoming VIDS.
@mmcarts1876
3 жыл бұрын
Many life's has been transformed here,many debts have been paid off through Investment with Katherine's company.its never too late to get started,never depend on your salary/wages as a single source of income.invest with her today and get 5 times your investment capital depending on how the signal is that day trading.
Very educative video. Glad to have you as a mentor
@PracticalWisdom
3 жыл бұрын
Glad you liked the video!
A TON OF VALUE in this video! Some of the videos on my channel talk about passive income and becoming financially free w different types of business ideas and side hustles!
A pioneer.
Super video 👌🏻. I Really Love It ❤️❤️.
Good insights
Great information. This is the model I follow. Real estate has done well for me. All of my properties are free and clear. I created a channel to teach others.
Yo thanks a lot bro I don’t know how to thank you for your amazing video but although thanks a lot
@PracticalWisdom
3 жыл бұрын
Any time :)
Hey man love your videos
@PracticalWisdom
3 жыл бұрын
Thanks John!
Very nice..
Cutting back on spending. Dont impulse buy when you know you are not going to use the item
I love the animation. What video maker did you use?
Why live below your means, just increase income.
@PracticalWisdom
3 жыл бұрын
Or you can do both :)
@kjedwards2602
3 жыл бұрын
or that lol..thats a fast lane to wealth creation..i like it
@alexjames1397
3 жыл бұрын
You could make a million a year but if you spend a million and one, you’ll be broke. Don’t you understand?
@kjedwards2602
3 жыл бұрын
@@alexjames1397 I understand perfectly fine, but if your making a mill a yr then that probably means your an entrepreneur of sorts..if u can make a million then y put a cap on yourself? Do u understand?
I'm mesmerized by this. I had the privilege of reading something similar, and I was truly mesmerized. "Reclaiming Connection: The Journey of a Digital Detox" by Joshua Ember
Thank you for your great videos! I watch them daily, like, comment, and share your content on social media!
@PracticalWisdom
3 жыл бұрын
You rock! 💙
Hey u also do all things D&D big fan
kya baat hai bhai party to banti hai carry!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
❤️🥰😘❤️ yeah I hate credit card, I feel like you have money but it is not it end paying your credit and loss your savings.
Be careful with automating payments , especially credit cards 💳, it can make you mess up
This is extraordinary in every way. I recently read a similar book, and it was extraordinary in every way. "Reclaiming Connection: The Journey of a Digital Detox" by Joshua Ember
9:34 for the list of the 7 steps
💯💯💯
Unarguable Bitcoin is the foreseen future of the financial market, Investing in it now will be the wisest thing to do
@jamescoleman6210
3 жыл бұрын
The rich spend less and invest more especially during economic crisis
@lauracermak6225
3 жыл бұрын
Investing in these economic crisis will be one of the best things to do only intelligent folks will agree
@joebrutto9038
3 жыл бұрын
You're right I think Gold and Crypto are the best to invest in right now☺️
@sarahgray9488
3 жыл бұрын
Gold's are good but crypto has proven to be the best.
@joebrutto9038
3 жыл бұрын
@@sarahgray9488 I wanted to trade crypto but got confused by the fluctuation in price
Let all who are seeing this become Financial Independence in
@PracticalWisdom
3 жыл бұрын
Preach!
Dude Make a video about Elon !
dod you know that most of us dont have savings or low of them so could you try to figure out how to invest petty cash
@PracticalWisdom
3 жыл бұрын
Will look into it :)
@putt230
3 жыл бұрын
Robin Hood
man I wish I could make videos like that for my Moroccan audience :) any help brother ?
@PracticalWisdom
3 жыл бұрын
KZread tutorials and practice. And if that doesn't work, outsource it :)
Life is not ‘about the end’ at 65….maybe in your 80’s but not that age. And some people live beyond their 80s. So you can definitely enjoy some travel at 65.
The Good Life - 'Getting 10k dollars every month in Passive Income'
@leonjonesuk3521
3 жыл бұрын
A small outlay of $300 will return $100k in six years, with a passive income of 1-1.5% a day, by reaching your next contract (legally binding) your return becomes greater! There are two options to this: 1. A simple return on your outlay! 2. A team building option which will see your return grow substantially! Its a one time payment and will be the only outlay you ever have to make! We have a great team of 2000+ in the company itself and a telegram group of 350+ and growing daily. NOBODY LOSES MONEY! 100% FACT! Please just ask for more info? Curiosity cost nothing!
@renukamedicalramtek9810
3 жыл бұрын
@@leonjonesuk3521 I want to earn pls tell me
@leonjonesuk3521
3 жыл бұрын
@@renukamedicalramtek9810 you will need to contact me through a better social media, I have facebook, whatsapp, zoom, instagram. I’ll give you my details which is better for you
@renukamedicalramtek9810
3 жыл бұрын
@@leonjonesuk3521 give me Your whatsapp number sir
@leonjonesuk3521
3 жыл бұрын
@@renukamedicalramtek9810 let me know if you have any problems getting hold of me
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up
How do you make these cool animation
@PracticalWisdom
3 жыл бұрын
You hire someone with great talent :)
The background music is so irritating, Sorry. Please try to reduce the sound of it.
I just need a roof over my head. Food on my plate. A computer. Internet access. Water. Cigarettes. Weed. And I have all that and more.
@kid9046
3 жыл бұрын
🤷🏽♂️ hey that's all I need too. I only want to make more money to help my family out.
Hate the sounds in the backgroud
The bell ding is very annoying!
We can't all be millionaires.
@leonjonesuk3521
3 жыл бұрын
A small outlay of $300 will return $100k in six years, with a passive income of 1-1.5% a day, by reaching your next contract (legally binding) your return becomes greater! There are two options to this: 1. A simple return on your outlay! 2. A team building option which will see your return grow substantially! Its a one time payment and will be the only outlay you ever have to make! We have a great team of 2000+ in the company itself and a telegram group of 350+ and growing daily. NOBODY LOSES MONEY! 100% FACT! Please just ask for more info? Curiosity cost nothing!
Hii
These are not steps but are just mere advice on how to be rich
@PracticalWisdom
3 жыл бұрын
It depends on how you see it. None the less, hope you found them useful!
@sgist7824
3 жыл бұрын
Of course it's just advice, no one can give steps because everyones life and goals are different
Ohh yeah the time/money trade is like Smoking crack from a chillum. By the way I should do a course on yt commenting buy it today while it is only 997 USD.
@animenomad4186
3 жыл бұрын
Do not go for any online course as they are maximum scam and teach you nothing. You can find almost everything for free
@PracticalWisdom
3 жыл бұрын
lol
Oh my god there’s so many repeating sound effects in this video it’s distracting
My phone has 6GB RAM
@PracticalWisdom
3 жыл бұрын
Nice!
at 36 too late for me hate it
i cannot stand the saying "never risk more than you can afford to loose". this is my view on finance in my life: (THIS IS MY OPINION, EVERYONE IS ENTITLED TO DISAGREE WITH ME!!) i have 50k usd in my bank account, and i still have to work till my retirement at the age of 67. or i have 2k usd in my bank account, and i still have to work till my retirement at the age of 67. so i will ALWAYS risk my 50k usd to make serious gains. if my plan works out, great! dont have to work till retirement. if i fail? nothing changed, still have to work till retirement. most used counter arguement i get is "some people have responsibilitys towards familly or have taken a loan to buy a house and cannot take such risks". in some cases this is correct, if you have a disabled person in the familly to look after or you inherited debt or something. but in any other case you chose to put youself on the financial jail by taking a bankloan for your house. you chose to have children and create these responsibilitys instead of taking the risks to be potentially, financially free. my parents are both currently 55 years old, always worked hard and saved money on their bank account, been paying their bankloan for the past 20 years.. 55 years old and basicly nothing to show for except a house. they where furius at me for going all in on crypto, thought i lost my mind and i would end up broke but once they realized that i, their 26 year old son made more money in the past 1 year alone than they did in the past 10 years combined working, they no longer have a problem with it people that never take big financiel risks in their late teenager/early twentys will probably end up working their entire lives for a shitty monthly paycheck. not everyone, but its a reality for 99% of the people in this world. "how do you get money to invest in your late teens?" by working. i started working fulltime at the age of 15 (by law you have to go to school till age of 18 so where i live there is this thing called partially work and shool where i could work 3 days a week and go to shool 2 days). going to shool to study is a absolute NO GO! the educational system is BULLSHIT. all you get is a stupid piece of paper that represents you wasted all those years reading books. start working at the age of 15 and save money, every 10 bucks you get, invest it! take all these neccesary risks! once you are financially free you can still pursue education if thats really what you want... firstly make sure you get that money to live a free live without the bullshit stress of "i need to work or else i cannot pay the bills/i need to save money from my shitty paycheck for a full year just to have a 2 weeks vacation".
Instructions unclear..ended up with mexican cartel but im rich🙏🏽
Wait so 60 is old? I'm so screwed....... sigh
the cash register sounds so annoying honestly.
@PracticalWisdom
3 жыл бұрын
Yeah.. I thought it might be an issue. Next time, I'll make sure they are quieter.
Sound effects are very annoying.
@PracticalWisdom
3 жыл бұрын
Yeah.. I thought it might. Next time, I'll make sure they are quieter.
@stephenryanbatiao4798
3 жыл бұрын
Agree
😍😍😍😍😍
At 65 life is " just about to end"?!? Downvote up until you learn the new life expectancy age figures. And i am 45 by the way.
💪👍♥️
@PracticalWisdom
3 жыл бұрын
Thank you!
The sound effects are so annoying.
Great video but wat TOO MANY sound effects bro. all the "ping" and "cash sound" etc it was way too much and sometimes I couldn't even hear you because of the sound effects
Thank you in my opinion think twice about your consumption.
Those sound effects in the middle are really annoying
@PracticalWisdom
3 жыл бұрын
Lol, will look into solving that in future videos :)
@user-px9gu6kg7e
3 жыл бұрын
I agree
@animenomad4186
3 жыл бұрын
@@PracticalWisdom yeah man your voice was lower than those click sounds which is really really annoying
@tylerprice9498
3 жыл бұрын
Yes that’s literally all I could think about was endless popping and cha Ching noises
The Sound effects has made this video unwatchable..
sheesh.. .. I hope this is seen as constructive criticism and not complaining, because I find your content valuable.. All the sound effects in the video are really cute, but it's difficult to follow on the content.. volume of all the other noises completely overrides the message. // .. I had to turn it down and luckily someone listed the points in the comments, because you lost me halfway through. It's really just too much. 🙏🏻
too much noise sound, annoying.
@1979wood
2 жыл бұрын
Agree
I just want to go buy a shirt without looking at the price tag….
Most forex/crypto trader's fail because they give up quick, it takes time, patient and lot's of trading experience to become a profitable trader, An alternative is 2 seek guidance from some pro traders and more to avoid loses of funds. Trading with Mrs. Lisa has made everything a lot easier, its what im into and it pays
be holy
These videos are all the same. They state the same principles over and over with barely any valuable explanation into HOW to create multiple income streams 👀
So why aren't you travelling and living the life in great style instead of working to create these videos???
This video is not 100% truth, to be rich and have economic freedom you need to trade money to make more money like investing in real estate & stocks & selling products... those are passive income assets. and that's the way for economic freedom. when you starting to have an cash flow every month from assets.
@tranger4579
3 жыл бұрын
He is not necessarily talking about being rich. He is talking about being financially free. I could care less about being rich or wealthy. Being debt free and not job dependant is my status symbol. I own my home along with everything else I have. I can go work at McDonald's and still live comfortably on that salary. I rather do the things I like that be trading time for money just to give it to financial institutions.
Nothing new. We've heard all this before.. boring
@themoneyplaybook3345
3 жыл бұрын
Can't recreate the wheel! If its working its working!
@PracticalWisdom
3 жыл бұрын
Thank you for the feedback!
Way too many dings. Couldn't finish the video. HORRIBLE
The pale viola notably compete because plier immunocytochemically increase excluding a outstanding monday. squeamish, male step-aunt
1. Start with a plan 2. Stop exchanging time for money 3. Invest in yourself 4. Live beneath your needs 5. Learn to manage money 6. Save and invest 7. Avoid debt
Who else is ready to Develop there MILLIONAIRE Money 💰 making Skills?