The best thing and the simplest thing you could do is make sure you're investing at least $1000 into your brokerage or retirement account Quarterly. If you aren't able to, figure out how to come up with some extra cash. Your future self needs it.

@DavidCovington-st2id

3 ай бұрын

Data! Investing isn't as hard as people believe. It calls for diligence, something many people don't have. A financial counselor can be helpful if you are starting out with a sizable sum.

@SteveDutton-v

3 ай бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

@tmer831

3 ай бұрын

who is your advisor pls

@SteveDutton-v

3 ай бұрын

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@tmer831

3 ай бұрын

I find this informative, curiously explored Vivian Carol Gioia on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

Recap 1.Define ideal financial lifestyle 2.$0 debt exept for mortgage 3. Credit score 800+ 4.Solid emergency fund 5. 5x anual investment expenses 6. Solid carrer capital 7. Solid fitness regimen 8.Estate plan & life insurance 9.Start money convo with parents

@GabrielBacon

Жыл бұрын

Now I feel terrible

@rolo9263

Жыл бұрын

@@GabrielBacon why?

@lovealwaysjasmine

Жыл бұрын

@@GabrielBacon just start to build today

@userabc886

9 ай бұрын

Thank you! That's how the YT time stamps subtitles should actually be used! Not just 1, 2, 3, etc.

@JesusIsLord7773

6 ай бұрын

Ty!!

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

@kevinmarten

Ай бұрын

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

@JacquelinePerrira

Ай бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

@Jamessmith-12

Ай бұрын

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@JacquelinePerrira

Ай бұрын

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@Jamessmith-12

Ай бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

@alexyoung3126

11 ай бұрын

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

@claraclouse9086

11 ай бұрын

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

@claraclouse9086

11 ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

@JackofSpades64

4 ай бұрын

Fucking AI

Top Financial Goals Before Your 40’s Goal #1: Define your Ideal Lifestyle Goal #2: to Have Zero Debt Except Your Mortgage Goal #3: Obtain a Credit Score of 800+ Goal #4: Solid Emergency Fund Goal#5: Have 5x Your Annual Expenses in Investments (VTSAX) Goal #6: Solid Career Capital (Skills You Have That Set you Apart) Goal #7: Develop a Solid Fitness Regiment Goal #8: Have Your Estate and Insurance Needs Addressed Goal #9: Have a Conversation With Your Aging Parents Thanks, Dan T. PS I’m a 51 broke, single but I found this advice solid. I wish I could relive my life over again. Marriage and divorce has killed me.

@nishobit.1293

Жыл бұрын

Congratulations. You are a normal human that experiences life's ups and downs. When this dude experiences is he will not create a video about it.

@Flosseveryday

Жыл бұрын

Thanks for the breakdown. I’m pretty sure I’m staying single. No kids.

@Beekeeper8011

Жыл бұрын

@@Flosseveryday same. I don't even look at modern women, let alone date them.

@azmodanpc

Жыл бұрын

2,3,4,7 achieved. Number 9 -> I will forgo the inheritance since they are a toxic bunch and am happy to have escaped their negative influence once and for all.

@nishanshah7038

Жыл бұрын

Don’t date, got it

25 yr old nurse here! I love how you stress physical health!! It really is more valuable than gold. My peers my age have no idea what suffering they will save themselves just by making some good healthy habits now ☺️

@alexbob5209

6 ай бұрын

I'm 25 too. Nice to see other people my age taking care of their finances

@nileskeller7195

4 ай бұрын

"Why do I have headaches and feel sick every week" Same person - zero exercise, starbucks each morning, cafeteria lunch, frozen dinner, and netflix to cap off the day.

This video is great. It really helps confirm I will never be able to retire.

@ryebread447

4 ай бұрын

There is a sizable group in the same boat

Great video! Thank you for taking the time to create such helpful content!

These are the kinds of videos I have been looking for. Thank you so much.

As a 27 year old guy, I greatly appreciate older gentleman like yourself providing such useful information. Many thanks!

So much good comes from your videos on so many different levels that to state them all would be degrading the quality. All I can say is Thank You. You make the world better.

Love your videos. So much more detail about planning for life, kids and parents!

@TaeKimFinancialTortoise

2 жыл бұрын

Glad you like them! Thank you!

After 40 and each decade after, the mortality increases. I'm 48 myself and understood in my prime years itself to distinguish between needs and wants and plan accordingly.

Solid advice! Thank you for putting these together, Tae!

Great video Tae! Really enjoyed how you explained each topic

There might be an economic turmoil but there is no doubt that this is still the best time to invest.

@dorissteve912

Жыл бұрын

you could be right or wrong . i once had similar problem but now its a different ball game for me because I was lucky to have met FLORENCE YAGODA , a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions

@dorissteve912

Жыл бұрын

Search her name on the web you will see all you need to know about her.

@tavs111

Жыл бұрын

Oh word a scam? Cool!

@jamesrecknor6752

Жыл бұрын

SCAM

@ElAteoMexicano

Жыл бұрын

@@jamesmaduabuchi6100 FLORENCE YAGODA took all my crypto and disappeared. Also gave me herpes 😭

What a cool video. I learned a lot about things I should think about in terms of my finances before I turn forty. Thanks!

Great Video! Just turned 30 and I need a new vision board. All of these are going on the new one! Thanks!

love the channel and these recommendations!!

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this. ❤️📌.

@stephaniejose5565

Жыл бұрын

I hope to own a home one day. not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.

@paigehuston2060

Жыл бұрын

@@stephaniejose5565 investing requires higher knowledge. I invest across the top markets but not by myself tho. i follow the guidelines of Alexandra Diana Jose. you might have heard of her.. I can correctly say she’s worth her salt as a investment advisor as her diversification skills are top notch/ I say because i see that in her results as my portfolio grows by averages of 30 to 5O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what her place and not just on some particular industries of my choosing. .

@paigehuston2060

Жыл бұрын

@@stephaniejose5565

@stephaniejose5565

Жыл бұрын

@@paigehuston2060 please how do i get in touch with her. Impressive. Would you mind sharing some more details. I’d like to have a talk with her.

@paigehuston2060

Жыл бұрын

@@stephaniejose5565 She is easy to find , make a quick research of her on the internet with her name Alexandra Diana Jose . She works with anyone independent of their location.

Thank you so much! This is really amazing 👏. I’m 25 and I’m glad I watched this video! I’ve life insurance as well and knew about the probate court. Thank you for mentioning that since not many people know about that. Now my friends will believe me😂 great video!

This is solid advice. Thank you for sharing !

Wish I saw this 10 years ago! Thankfully I have practiced many of these tips since my late teens. 32 now and it certainly helps to have looked forward and planned. My girlfriend thinks I’m cheap but I’m just focusing on the long game

@user-cg6fd4in1d

Жыл бұрын

You're not cheap. I have the same way of thinking. I was able to fully pay off my mortgage due to my lifestyle.

@TheGreekGodOfWallStreet

Жыл бұрын

If your girlfriend doesn’t think you’re cheap, you’re probably doing something wrong 😅. If you both live well and to similar standards, why spend more?

First video I ever watched by you I will hit the subscribe. I just turned 35 and I did well the past 6 months and I am thinking about my next 5 years, great video.

Finally a good and realistic video. I'm 33 years now so some things will be harder but not impossible 🙌🏼

Every time Tae starts a new sentence, he makes a sound like he's about to burst in laughter.

Love your videos! Basic, time-tested wisdom and realistic goals and actions. Keep up the good work!

Just turned 30 and although I feel a bit behind, this will definitely serve as a great guide for the next 10 years. Thank you!

@scottb_02

Жыл бұрын

Time in the market is so important! Get as much in there as you can!

@Roninpnx

9 ай бұрын

I'm 33 with basically 0 in my account. It will be tough but I'm sure it's doable!

Great video, great channel!

I have a few of these down and few to work on. 34, so still got a bit of time till I am 40 to sort out a lot of it!

Excellent video as per usual, thank you!

Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

@kenanporubsky2122

Жыл бұрын

I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.

@hermanramos7092

Жыл бұрын

that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.

@Oly_laura

Жыл бұрын

@@hermanramos7092 I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?

@hermanramos7092

Жыл бұрын

@@Oly_laura 'Catherine Morrison Evans’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.

@Oly_laura

Жыл бұрын

@@hermanramos7092 thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too

Love the content, simplicity and genuineness of this channel. Keep it up buddy.

Enjoyed the video, 37 and on a good track per the goals.

Life is hard man jeeze. Lol. Appreciate your content.

I'm 30, have almost £40k saved/invested, and no debt other than mortgage (£150k left to pay with £150k in equity). Saving about £500 a month consistently, hoping it does me well in the long run

@counterleo

Жыл бұрын

32, same as you except for 0 equity, I am still renting, those 40k are what I am saving for a deposit lol well at least I'm shredded

@xplodax

Жыл бұрын

I'm 28 and have 35K invested and another 70K in liquid savings. But not a property to my name :( It's getting so hard to buy a house or a flat these days in the UK

@secretagentrandybeans7533

Жыл бұрын

@@xplodax certainly is. I paid 230k for my house 4 years ago and is now over 300k. It's no good for people who are yet to get on the ladder

@xplodax

Жыл бұрын

@@secretagentrandybeans7533 That's outside London, right? I'm trying to buy something in London now, and I can't find anything decent for less than 500K

@secretagentrandybeans7533

Жыл бұрын

@@xplodax yes. I live in Norfolk. House prices here are going mad though too

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

@MaryOlson7

8 ай бұрын

@rachealhubert74 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@MaryOlson7

8 ай бұрын

@rachealhubert74 I will give this a look, thanks a bunch for sharing.

@patty109109

7 ай бұрын

Alice Marie was arrested by the FBI last week for securities fraud.

@KittyFloof

7 ай бұрын

The system is out to get us. Invest in high yield dividend stocks. JEPY, QQQY, CLM, CRF, BSM, and JEPI, etc. System is indeed crooked sadly.

@tuseemusic6269

7 ай бұрын

Sorry to hear it ! Please have faith

Cool I’m on the right path at 34. I’ve worked very hard and took years of focus to be here. It has to be intentional or you won’t get there.

@YoshiYokomoto18

5 ай бұрын

Hard working and beautiful. Keep it up!

Been binge watching all the videos. Where have you been all my early 30 years?

That perspective on “ Debt " is THE best I've ever read or heard ...👌

This video is superb. Love your breakdown and clear points. I'm in my mid-30s and it's nice having this path laid out for me to think about

Excellent advice 👍

Good video, thank you, Tae.

Great video, subscribed!

You make very good videos. wise. accurate. and to the point.

I was very busy before 40 and still am now. This gave me a reason to look at the last 20 years and I guess I accomplished more than I realized. My top 9 below. 1) Bought my home at 25 2) Paid off all debts 3) Invested in the stock market 4) Maxed out 401K 5) 15K emergency Fund 6) Worked 24-48 hours of overtime a week to save more 7) invested in dividend stocks and now get 50K a year in dividends. 8) Paid off home 9) Buy more real estate

Excellent video, thank you!!!

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

@martingiavarini

Жыл бұрын

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@cheezeweasel

Жыл бұрын

This is the start of a scam thread all

@EricvdPlank

Жыл бұрын

@cheezeweasel and a bad one at that too

@Stardusty43

Жыл бұрын

When in doubt, invest in the opposite of what Cim Jramer has to say

@Pragmatic213

Жыл бұрын

inverse cramer

I liked your video; the tips are pretty well compiled and make more sense than a lot of financial advice videos. Here’s two pieces of food for thought. First, for many of us who went to grad school, paying all student loans off by 40 is a stretch. Second, I would argue figuring out mental health by 40 is also important- lots of questionable spending habits are in part linked to poor mental health management I think.

@ClickBeetleTV

6 ай бұрын

It depends on how you do your graduate school. I have two master's degrees from separate well-rated institutions and no debt. It's possible, but it takes some set-up

This was fantastic. As a person in their 40’s, I wish I had this 10 years ago.

My own personal goal at 40 (november 2017) was to become liquid - both personally and my business. I did manage to be both and is now trying to enjoy life tho Covid-19 almost killed my business but somehow I and my employees were able to navigate thru' the huge storm, so we are still here and we are still alive. ;)

Goals before 25. 850 Credit score. I at 670. 12 months of expenses in my HYSA. Im well on my way. there even at 19. $150,000 IN High Yield ETF'S 50K between ULTY, FEPI, and SVOL. And maxing out HSA, ROTH IRA ROTH solo 401k. With Growth and Bond ETFS like SCHG QQQM. And SCYB and BNDI.

Thank you. Good advice.

These should be listed as the ideal financial goals to reach by 40. Most people will not be able to get there today. Fortunately, I am almost 45 and have everything on this list but #5. I think that is the hardest one to hit here.

As a 35 year old, I was a little anxious opening this video (being fairly close to the cut-off!) but I am very grateful to say that most of those requirements have been met. I’m very fortunate to have parents that have good money saving habits (and I was able to expand on this with my knowledge of property investment in the UK to leverage debt). For those that didn’t have the privilege I had, you’re already making great steps by watching videos like this and not burying your head in the sand!

Thank you for talking about helping parents out! I feel like this is very much a cultural thing. I am Latina, with an aging mother I take care of. My parents did not plan for the future at all, and unlike my non-minority friends, my culture expects me to essentially take care of my mom. I would want to help her out regardless cause I love her, but it’s so hard to explain this to people who aren’t either Asian or Hispanic tbh. I am first generation college educated which makes this even more difficult because my sisters and I really are the first in our family to even consider retirement goals. Before us, everyone just tried to survive as best they could. Great advice here tho. Thanks again!

You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

@Blitcliffe

Жыл бұрын

@@ktube2020 I've known I've wanted to start investing for a few months but just haven't been brave enough to start due to the market so far since mid last year. I have 60k i want to transfer into an s&s isa but its hard to bite the bullet and do it. £557k is a huge milestone , Please whats your strategy ? i will love to have an insight.

@Blitcliffe

Жыл бұрын

@@ktube2020 I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!

Regarding a debt, I think it is important to use it to buy things that appreciate over time or reduce costs (house, insulation etc.) Not for consumption (car, vacation, furniture etc.) If you need credit for consumption, you are poor and sinking no matter how much you are making.

Such great wisdom !!! ❤❤❤

I'm here as a 24 y/o to see where I need to be. I'm feeling good

@rickkassner4555

Жыл бұрын

You're lucky, literally avoid common pitfalls (options trading, gambling, bad investments) and just be mildly financially sound and you'll be fine.

This is amazing.

Im about hit 40. Thanks for amazing advice.

Tank you for your advice

Tae, Have you put out any videos specific to active duty? I'd be interested.

These are all great gems of knowledge you dropped💎 💎

I like the VTSAX example w/ compounding. Coast FIRE is a great aspiration. I prefer VOO (SP 500 index fund) over the total market but historically they track pretty darn close to each other. Great vid.

This is a really well-rounded goal list. Thanks

Good content! Anybody watching this and thinking some of these goals are impossible, you'll be surprised with a power of writing down your goals. Try it out, and watch the universe turn the tide for you. Certainly worked for me! Cheers!

33 and I needed this video thanks.

Just stumbled across your page and love this video! Could you please elaborate on what you mean by 5x your expenses should be in investments?

I’m 39 and I achieved all of these before I turned 35. But unfortunately #7 fitness regimen is taking a backseat. Hard to exercise when you’re busy with a full-time job, raising a kid, house chores, cooking, etc.

Just turned 40 & watching this like 😢

I am 41 years old, with a house worth $350k paid off. My vehicles are paid off, too. I have a 100k emergency fund that matches my yearly income. I barely have 20k invested in etfs and barely started my roth ira account... I am behind, I know!

Great tips

46 years old- I’m good with the no debt, credit score and career capital parts,l; but my savings and retirement are way behind. I’m working on it though - gazelle intensity lol 9:41 I eat healthy but fitness needs improvement. Great status check!!!!

740 puts you in top tier for mortgage rates FYI. Amazing content thank you as always!

I’m new to following your channel and just wanted to say keep up the great work! I’ve watched dozens of “finance” content creators and many of them feel like they’re geared towards single 18-25 year olds. Being married and in my mid 30s now, it’s refreshing to find content that feels more realistic and specific to my current stage of life. Thank you!

Great advice 👍👍

@TaeKimFinancialTortoise

2 жыл бұрын

Glad it was helpful!

Turning 40 in a few months. From the looks of it, I'm fucked. Bless you all and good fortune to you all

@AJAY16411

11 ай бұрын

Lol naa man you just gotta work a bit harder and smarter if you don't have as much time.

Love it

Great tips, and I would amend #2 to say $0 in debt financed at a rate above inflation. You can use debt to your advantage by putting your money to work before it's due. A great example of this is promotional 0% financing--if you can put the full balance in a high interest savings account while automatically making the payments, you can earn money as you pay it off. If you pay cash, you're leaving money on the table in that case. Of course, this approach takes a lot of discipline and is incredibly unforgiving if you fail to pay off a balance before the promotional interest rate expires, leaving you with a huge deferred interest cost.

@elmateo77

Жыл бұрын

That works for some people, but for many of us it's easier to avoid complexity and stress by just keeping debt to a minimum. I have enough stuff going on already, it's worth giving up the potential profit to not have to think about it.

@deesplash7087

Жыл бұрын

But that’s also very risk cause what if the credit card company changes your rate from “no annual fee” to a fee and you don’t notice, then boom two months later, you notice you’re credit report now has late payments/ delinquencies

Talking to parents and family is great. But if you have the misfortune of having toxic parents with passive aggressive attitude to everything… it becomes almost impossible. I guess we all just have to do the best we can. I sincerely hope we can form better families and raise kids with open communication so they do not fear to have open communication with their own parents. We all must strive to do better than the prior generations.

Nice 👍

Does "5x your annual expenses in investments" only count your taxable investment account, or do you include 401k, roth IRA, etc also?

@Caveman787

Жыл бұрын

All included

@adamp6320

Жыл бұрын

I think its all your investments, including retirement. Some gurus like to give a mulitple of income as net worth by certain age brackets, but to me a multiple of your expenses is a much better measure since your income can rapidly change but generally your expenses will be stable (outside of inflation of course)

I like the fire anology of debt. It has many ways to be utilized and helpful, it can also burn your house down with you in it. Respect debt.

Thanks to my student loans, I don't think I'll get to goal #2 by the time I'm 50 let alone 40, but at least now I can have an idea of what I should be aiming for. Love your videos, thank you for all the advice.

@aeiou0123

Жыл бұрын

Med school loans? What kinda student loans r so high?

@rudeoldguy

Жыл бұрын

@@aeiou0123 Law School, and that's after having a third of my tuition covered by scholarships.

“Fitness is tightly correlated with finance.” This is the first time I’ve heard this. Do you have a source for that? I’d like to better understand that. Thanks.

I've been so terrified about the aging parents. My parents have no retirement accounts : they were of the generation that thought "the government will take care of me ... all I have to do is work hard".

@qinyuanzhou3538

Жыл бұрын

my parents as well... i worry about them

감사합니다. Video was straightforward and easy to understand. Subscribed and like. Sadly school doesn't teach you anything about finance and have resorted to youtube and reading books to teach myself.

Pushing 39, still in college debt, below average credit, no investments, questionable career capital, no estate, no life insurance, but five days at the gym. So, where do I press the restart button? 😞

the list is quite complete and I am sure it is meant well but there are at least 2 or maybe 3 points where in the present it is very hard and not to say impossible to achieve... I know you mean well but it seems like either the list was made about 20 years ago or it is just for a few models of people and not for the general public. But either way nice video.

This makes me feel good about myself and proud of my wife and I. We’ll be retired before 40. We can’t wait to have our freedom back!

@heliomoonwave

5 ай бұрын

Wow! Make it happen!

@ryebread447

4 ай бұрын

How??

@commonsense5555

4 ай бұрын

@@ryebread447Saving a high percentage of our income starting at a young age. I married my wife at 18 and we've saved a high percentage of our income ever since and have stayed out of any consumer debt and payed college tuition with cash from working.

All goals done at 35 except still working on #7.

@josephantolin9298

6 ай бұрын

#7 is the MOST important. Better get it while you still have time. Because if you don't, all your goals you achieved at 35 years old, would've meant nothing if your health is sh¡t.

goal #1 - surf, skateboard, and snowboard as much as i can! im trying to stay young! not feel older!

@gravitygabri3l

Жыл бұрын

Lol same!

Im 30,glad i found this channel before 40😊

I have never heard of the 5 times expenses in investments thing. I think we might get half way there by the time I'm 40 but maybe a little higher. A big focus right now for us is to pay off our house early which I think could be done around when I'm 45. We are one in come right now though so we cant make as much headway on it. I feel very responsible now but in some ways I wasted some time in my 20s.

This channel is so good. I binge through your videos just to reinforce my financial IQ. Thanks Tae!

@kimmykero2421

Жыл бұрын

Interesting someone else should do so cause I do too!!

what do you mean by 20-30 years term life insurance ? any example?

That last tip is scary for me. I'm mid 20's and that tip just said I need to have that conversation with my parents before I'm 30

What does he mean with 5x annual expenses as investment? Do i add up all the expenses (mortgage, insurence, food, cloths etc), multiply that by 5? Or is it something else? Also (i am from Europe), what is that creditrating thing? Seems kinda weird to get different interest rates? People with less financial freedom pay higher interest, seems hard for them to improve their situation then. Or is the score more about how much loans you already have, compared to your income?