15 Ways to Increase Your Financial IQ

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40% of the world’s population is financially illiterate.
Are you one of them?
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00:00 - Intro
00:46 - The Finance Matrix
03:10 - Master the "Rule of 72"
05:16 - Decode behavioural finance
09:55 - Implement zero-based budgeting
11:48 - Study case studies of financial successes and failures
13:29 - Learn to read financial news critically
15:36 - Challenge yourself with financial experiments
17:05 - Analyze your favourite brands' financials
18:52 - Follow influential financial podcasts
20:44 - Read influential personal finance books
22:38 - Utilize gamified learning apps
23:58 - Set up a financial vision board and utilise goal-based investing
25:47 - Experiment with dollar-cost averaging
27:31 - Automate your finances
28:36 - Study the financial independence, retire early (FIRE) principles
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Пікірлер: 574

@VitaliiSych Ай бұрын

I was rich by 32, and retired. I'm now 48, and even richer, but it isn't as fun as 32.If u aren't rich by 40, don't give up, but know it's not as fun. No one gives a phuck about old rich people. Do the right thing at the right time. peace

@Andrian-ch3on Ай бұрын

Getting rich over decades is ez. No one wants to be a rich 70yo.Being rich at 32?....thats a party!

@VitaliiSych Ай бұрын

It was a big party i tell ya. I sold my house in 2004 after the value of my house doubled,I mean it was unprecedented that the value of my house doubled in 8 years. And the buyers of my house were given a loan of 105% of the purchase price, Then I read that people had taken out balloon mortgages. Then, I was offered a "no doc" loan to purchase a condo. I mean the red flags were HUGE. there were signs of impending crash and it happened in 2008. I bought dip, made so much gains. That was when the party started.

@JacksonMiley-iq7mo Ай бұрын

I'm jealous. I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.

@RickMckee-nq4ni Ай бұрын

You've saved for yourself some good bucks. Get a professional, my sincere advise

@JacksonMiley-iq7mo Ай бұрын

That sounds good. But how do i get a reliable one considering the heavy presence of scams in our social media space today?

@user-fi1ec6qj2v 4 ай бұрын

The value of the US dollar seems very much appreciating in other countries and as a result this can bring about plenty opportunity to invest and yield good benefits not withstanding though the flow of inflation.but one can still make a good gain from proper trade or investment

@SandraLouis-jm3rr 4 ай бұрын

It is quite a beautiful thing to even reason trade and investment far across but I also think you have to be well equipped with the know how before having such an outstanding and long range plans 👏 nice idea though 😘

@Stephaniemac-cc8wc 4 ай бұрын

Absolutely so thoughtful.yeah the world 🌎 is actually smaller than imagine with net now a daya and such ideas should not really be a problem.striking your good plans regardless your state or region shouldn't be a problem. with the use of computer and net now a wind range of research and follow up can make it very much benefiting

@HelenGibbs-hs1re 4 ай бұрын

Wow very thoughtful ,this got my eyebrows lifted I believe so many people got worried about things like this.informtion is power and the world 🌎 is globally connected so i feel dreams can still be made reality,very nice opinion

@VictorFabian-lg8ku 4 ай бұрын

The whole idea about financial stability or freedom can work no matter where you find yourself, just make up your mind and connect with people with the right information at the right time then there you go. nevertheless mentorship is also a good thing one needs to consider, a proper guide and explanation.

@VictorFabian-lg8ku 4 ай бұрын

Possibly make time to research on the net the primary knowledge of what you have in mind your plans and aspirations not just naively going into trade.

@Raymondcraw1967RaymondCrawley 2 ай бұрын

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

@FaithAndrada-xo9ou 2 ай бұрын

as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

@BrewerVera 2 ай бұрын

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

@AndersonFair-cy2bb 2 ай бұрын

this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

@BrewerVera 2 ай бұрын

Finding financial advisors like Melissa Maureen Ward who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@Raymondcraw1967RaymondCrawley 2 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.

@CharlotteRosemary- 7 ай бұрын

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

@StevenWickman 7 ай бұрын

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

@georginacarolynsussewell5492 7 ай бұрын

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

@Jonathanharper- 7 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?

@georginacarolynsussewell5492 7 ай бұрын

There are a lot of independent advisors you might look into. But i work with Lisa Ann Moberly and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@jeremymontanez7663 7 ай бұрын

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume

@edward.abraham 10 ай бұрын

Building wealth and achieving financial independence is more achievable than commonly perceived. With access to accurate information, establishing lasting financial stability and prosperity becomes attainable. Engaging in prudent investment remains a primary avenue for generating substantial income and sustaining enduring wealth.

@james.atkins88 10 ай бұрын

The initial stride towards wealth creation involves delineating your objectives and assessing your risk appetite, a process that can be undertaken independently or in collaboration with a financial consultant. By acquiring accurate insights into savings and investment strategies, accompanied by a comprehensive blueprint, one can progressively achieve financial stability and experience the rewards of effective income management over time.

@hunter-bourke21 10 ай бұрын

Indeed, your perspective is accurate. Engaging the services of a skilled financial advisor, such as Mary Onita Wier can significantly position one for life's achievements. I am content that I made the decision to enlist the expertise of a financial advisor earlier this year. While some were voicing concerns about the market decline, my focus was on capitalizing on my investments, resulting in a substantial seven-figure gain during the initial quarter alone.

@rebecca_burns14 10 ай бұрын

@@hunter-bourke21 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@hunter-bourke21 9 ай бұрын

Mary Onita Wier, is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out, You can also verify yourself.

@veronica.baker1 9 ай бұрын

Thank you for the information. I conducted my own research on *Mary Onita Wier* , It appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

@SarahTaylor_ 7 ай бұрын

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

@DavidCovington-st2id 3 ай бұрын

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@WillieNickell 3 ай бұрын

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

@AllenNichol 3 ай бұрын

I was advised by my advisor I" Vivian Carol Gioia", a CFA, whom I watched on Bloomberg Business News to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets .

@AllenNichol 3 ай бұрын

I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimise risks and maximise profits, generating around $3 million in three years with my advisor.

@AllenNichol 3 ай бұрын

Indeed, stocks offer opportunities for dividends and long-term growth, whereas bonds generally offer fixed returns. It's wise to consult a fiduciary to align investments with your goals and risk preferences. I'm currently working with one, and she's been invaluable, growing my portfolio from $80k to approximately $550k.

@tmer831 3 ай бұрын

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

@McElvinn Жыл бұрын

Currently working overseas but will return to my home country in the near future. I'm a landlord. I invested in property at the age of 22. Value has soared and renting out. Will live on the rental income I receive and live with my aging parents for the time being. At 60 I can withdrawal from my superannuation (401(k)). Have savings and eligible for the Australian pension at 63. In the future I may downsize, sell the property and buy cheaper property and add the left over money from the sale to savings. Lots of options for me. The way I see it if you have $1m at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

@AUstinnesc Жыл бұрын

@@corrySledd I completely agree; I'm 60 years old, recently retired, and have roughly $1,250,000 in outside retirement funds. I have no debt and very little money in retirement funds compared to the total value of my portfolio over the last three years. To be honest, the Fin-advisor's can only be neglected, not rejected. Simply conduct study to identify a reliable one

@AUstinnesc Жыл бұрын

@@sherryie2 Her name is "NICOLE DESIREE SIMON". I got to know her through my wife. She was handling hers effectively, and she's been doing same for me. It's my wife that has her number, but you could look her up and contact her yourself.

@Rochelletrem 11 ай бұрын

I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

@berkrix4312 11 ай бұрын

Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.

@jeffery_Automotive 11 ай бұрын

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

@theresahv 11 ай бұрын

@@jeffery_Automotive How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

@jeffery_Automotive 11 ай бұрын

Big Credits to Julie Anne Hoover’ she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Julie Anne Hoover’ has been a good guide through the year.

@theresahv 11 ай бұрын

@@jeffery_Automotive Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@kigletmary56 5 ай бұрын

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

@gracegomez109 5 ай бұрын

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

@priyankamahatma6672 5 ай бұрын

very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

@Judithmoy109 5 ай бұрын

wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

@priyankamahatma6672 5 ай бұрын

You can search her up her name is Valerie Jean Zwosta. Thank me later.

@Judithmoy109 5 ай бұрын

Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.

@richardspenard2663 Жыл бұрын

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas

@JerrellHulme-kn8ue Жыл бұрын

Investing in stocks is a good idea, a good trading system would puts you through many days of success

@jacobmiller-uf3ip Жыл бұрын

@@farn-4u I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?

@richardspenard2663 Жыл бұрын

@@farn-4u I just looked up Amanda Elizabeth Keller on the net and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals

@jacobmiller-uf3ip Жыл бұрын

@@farn-4u Thanks for the recommendations just DM her now and she attended to me nicely

@DDD0348 Жыл бұрын

You should look into forex

@MarilynBeverly943 Ай бұрын

The problem we have is because Most people always taught that " you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.

@GeraldCarl- Ай бұрын

Money invested is far better than money saved, when you invest it gives you the opportunity to increase your financial worth.

@GraceAmber369 Ай бұрын

"It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent."

@EvelynGrace-gs3ze Ай бұрын

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

@BryanBilly69 Ай бұрын

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

@PatriciaMary11 Ай бұрын

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

@PatrickLloyd- 7 ай бұрын

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.

@hankmarks69 7 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. A trader made over $350k in this recession influenced market.

@sattler96 7 ай бұрын

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 alot of wealth transfer in this downtime if you know where to look.

@PhilipDunk 7 ай бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@mikeroper353 7 ай бұрын

@@PhilipDunk Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

@PhilipDunk 7 ай бұрын

My advisor is “Vivian Carol Gioia” highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

@Windarti30 Жыл бұрын

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

@WiolciaMrozowska531 Жыл бұрын

Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from my coach Rodger Michael Karl who's a guru in the game, you can be passively involved with the aid of a professional.

@LewisAtonn Жыл бұрын

I really appreciate the guidance. Online, it was simple to find your coach. Before setting up our phone chat, I conducted some research on him. On the basis of his internet resume, he seems knowledgeable.

@BateserJoanne 8 ай бұрын

Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

@Jason9o669 8 ай бұрын

Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

@AlexanderDanielley 8 ай бұрын

@ClementRusso2 8 ай бұрын

I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

@AlexanderDanielley 8 ай бұрын

@@ClementRusso2 With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

@Rodxmirixm 8 ай бұрын

After reading your insights, I researched her full name and found her online webpage. Thanks for your help.

@suziehovic Жыл бұрын

Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.

@GrahamCan Жыл бұрын

According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed might be a little bit behind the curve than maybe they expected heading into this year."

@cyrilmilton Жыл бұрын

"There's more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.

@mykreid Жыл бұрын

I concur with you as well. I prefer to have an investing coach's advice in my day-to-day investment decisions because their skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it practically impossible for them to underperform. My coach and I have been working together to invest for literally four years, and we have already generated over $1 million in net profits.

@Tawatson Жыл бұрын

We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

@mykreid Жыл бұрын

Absolutely, Olivia Maria Lucas is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like

@jaxonmichael709 Жыл бұрын

During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?.

@ericdave8191 Жыл бұрын

Thanks, I just searched him up on google and I'm super impressed with his qualifications. Have contacted him through his webpage to hear what he has to say about my situation.

@jaxonmichael709 Жыл бұрын

Thank you, i copied and pasted his name on web browser and sent a mail waiting reply.

@drjackliam8498 Жыл бұрын

Great video, I've been interested in investing ever since I came across articles of people making up to $100,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

@anitaroger8497 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 $50,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year

@Randykay-cw4qk Жыл бұрын

@@anitaroger8497 That's pretty amazing; you undoubtedly earned a lot of money. I personally bought in Warren's BRK-A stock, which was expensive but absolutely worthwhile.

@jaydenkeller8723 Жыл бұрын

@@anitaroger8497 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?

@anitaroger8497 Жыл бұрын

My advisor is Brian Francis Pearce, A renowned figure in his line of work. I recommend researching his credentials further

@jaydenkeller8723 Жыл бұрын

How can I reach out to him?

@watsonkashala99 Жыл бұрын

00:00 - Intro 00:46 - The Finance Matrix 03:10 - Master the "Rule of 72" 05:16 - Decode behavioural finance 09:55 - Implement zero-based budgeting 11:48 - Study case studies of financial successes and failures 13:29 - Learn to read financial news critically 15:36 - Challenge yourself with financial experiments 17:05 - Analyze your favourite brands' financials 18:52 - Follow influential financial podcasts 20:44 - Read influential personal finance books 22:38 - Utilize gamified learning apps 23:58 - Set up a financial vision board and utilise goal-based investing 25:47 - Experiment with dollar-cost averaging 27:31 - Automate your finances 28:36 - Study the financial independence, retire early (FIRE) principles

@xyzzz1000 Жыл бұрын

Thanks, Watson.

@gatomeawscle4242 Жыл бұрын

Thank you so much

@chittibabuvakati7463 Жыл бұрын

Sources for each point

@musashiwebb Жыл бұрын

Ecology and economy share a common root, "oikos," meaning "house or household." The Indo-European root is "woikos," which gives us Latin "vicus," a cluster of houses, and words such as village and vicinity.01 The suffix "-ology" means "study of." Ecology is a science devoted to understanding the complex, changing dynamics of Earth, while economy is derived from the Greek word "oikonomia," meaning "house or household." The tension and contemporary enmity between ecology and economy is ironic because they share a common root.0 The connection between the two is being seen as relevant to the questioning of economic theory and policy. Economic management and ecosystem management are intimately intertwined. The forces at play in an environment(the movement of energy from the Sun throughout the trophic systems) is similar to what human beings have done with the movement of money(energy/currency) within the human trade system to facilitate growth/well-being(or lack thereof) within our societies. There are plenty of rules/regulations within the current human economic system that are incongruent with how Nature has evolved/produced the most optimal means by which energy from our Sun permeates throughout the trophic levels to benefit all organisms throughout each season, every single year. I hope anyone reading this can benefit from studying both fields(ecology/economics) to bring more abundance to not only themselves, but to others around them. Best of luck to all on their Journey here on Earth.

@Financial-Education101 Жыл бұрын

I couldn't agree more with the message of this video! It's shocking to hear that such a large percentage of the world's population lacks financial literacy, especially in developing countries. Ignorance about money matters can have serious consequences. But hey, knowledge is power, right? That's why I'm grateful for videos like this that aim to educate and empower people to take control of their finances. It's never too late to learn and make a positive change! Kudos to the creators for shedding light on this important issue.

@verb0ze Жыл бұрын

The education system in most places is not designed to produce a financially-educated population. If everybody is wise about their money, who's going to fund the consumerism most economies rely on to boost their GDP YoY? I'm surprised at myself that I'm now just learning a lot of this stuff, long after college, well into my career, even through I've been generally wise with my money. Unless surrounded by people who have this knowledge, it has been historically hard to acquire financial literacy. I'm thankful for the internet and the likes of Alux for making this info more accessible

@vincentortega4284 Жыл бұрын

Fi financial Education, Knowledge is potential power; if a person doesn't use/ put that knowledge into action; its useless knowledge.

@kenthendrix. Жыл бұрын

To achieve greatness, you need to start working towards it. Investing remains the smartest way to prepare for the future. Been into this for 8years and I'm extremely pleased with the good returns.The good news is, it's never too late to start investing.

@luis-gabriel1 Жыл бұрын

The first step to success is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.

@-Pamela Жыл бұрын

Personally i ventured into the stock market so i won't be stranded with the help of an Investment advisor. A colleague of mine introduced me to "Sir Courtney H. Williams ", who drew out investments plans and they all aligned with what i wanted and had to pick one plan and with his exit and entry strategies on commodities, securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved so far with my investment...

@linsey. Жыл бұрын

@@-Pamela that's great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on how to reach your advisor?

@-Pamela Жыл бұрын

His available on telegam with the username information below.

@-Pamela Жыл бұрын

@@linsey. WHCOURTNEY.

@VING9111 6 ай бұрын

good video, I'm 19 and learning more about financial literacy and I found this video to be a great starter to my journey

@TADashboard Жыл бұрын

Alux, Awesome Awesome episode!! I've been a paid member from the very beginning. To everyone working at Alux thank you all for your hard work, it's helping more than you will ever known. Keep up the great work guys and thank you. Go Ukraine. Oh ans to our narrator, Girl your voice is invaluable, you better not ever leave.

@setforlife_media 10 ай бұрын

Financial intelligent is a must to learn. Thanks for always creating this kind of content and helping people to win financial games. Great video 👍

@christianajoe8563 10 ай бұрын

When you invest, you're buying a day you don't have to work

@cassiejacobs4197 10 ай бұрын

Assets that can make you rich Bitcoin Stocks Real estate

@popsarah7805 10 ай бұрын

Crypt0 is the most profitable investment online of only you trade with the help of a professional expert

@loydriley9221 10 ай бұрын

I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

@lukeben1596 10 ай бұрын

@@loydriley9221Same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late

@maxiecharles2842 10 ай бұрын

Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

@keemosupremo8815 Жыл бұрын

I really like the wordage in this one, glad I got a good vocabulary

@luthandobryan1260 11 ай бұрын

I struggle in staying frugal in my money, but this video is invaluable so I'll definitely keep this precious free information in mind going forward, thank you Alex - you saving a lot of people heartache and time with your invaluable videos- much appreciated - from South Africa and out

@nj1624 9 ай бұрын

kzfaq.info/get/bejne/i-CApNeF0ryXdJ8.html

@RishabhSharma-vt7qn Жыл бұрын

Thank you Alux ❤ for the wonderful insights I am trying to build a business to overcome biases in investing, but I am not able to figure out the business model around it , can you help with your mentoring "?

@vehikoloworkx 8 ай бұрын

I always struggle financialy on my salary coz I dont have that much. Thank you Alux for always inspiring me to achieve my financial goals in life.

@salehalisaadi2296 10 ай бұрын

Fantastic video! These 15 practical tips offer a clear roadmap for boosting financial intelligence. Thanks for the insightful guidance

@ericschweitzer6971 Жыл бұрын

A share price is never low or high, it is what it is, what matters is whether it goes up or down from that point, I'm excited about the next bullrun as I'm buying as much as I can now, still words on the media says this crash has as much high-yielding possibilities as a bullrun, sure the risks are greater now, but they can be managed.

@justinemontalvo5162 Жыл бұрын

Having the knowledge is one thing and applying the strategies successfully is another, that's why mostly pros carry such trades out.

@waynegomes2728 Жыл бұрын

That's true, a lot of folks actually downplay the role of a portfolio-advisor these days. I remember couple summers back, after a lengthy divorce I needed a good boost to help my business stay afloat. With the aid of an portfolio-coach, grew my reserve of $300k to almost $850k that same year. Helped me

@shashiprakash8075 Жыл бұрын

I nearly lost 4000 pounds trading a demo account, I thought it's just like trading the real market 🤔

@jamesrobert403 Жыл бұрын

>>LMAO😂 it's extremely annoying I never got luck on it at all.

@dannymullen4325 Жыл бұрын

@@jamesrobert403 Have you lost when trying to invest on your own?

@kalel282012 11 ай бұрын

Been helping my family for 30 years. I’m so glad I stumbled on you guys 2 years ago. I’m learning so much about financial FREEDOM. Now, it’s time to help MYSELF.

@m.showers1242 Жыл бұрын

Wow Alux! A boat load of great info today!

@brendanneufeld9388 Жыл бұрын

Another great video! Always great content! Everything is clearly explained! You are the best! :)

@cheya111 Жыл бұрын

What podcast was recommended at 20:25? I could not grasp the name.

@shaundias4369 Жыл бұрын

Navalravi kant podcasts... He had been a guest on Joe rogan As well he has an amazing book which I haven't read but I have leaned it's beautiful

@raphaeltrinidad9423 Жыл бұрын

Someone who is going to take an ESL- English as a second language should listen to this video. Very rich in vocabulary

@deannadias Жыл бұрын

NGL, I got excited when I saw the McDonald’s on Stanwix st in good ol Pittsburgh Pa 😊

@wealthspirejmr 9 ай бұрын

Love the way this video was presented! Thanks for the additional knowledge!

@moniquecochrum3727 Жыл бұрын

I just want to say on the behalf of alot of your KZfaq subscribers,I made $100,000 from my new investment…THANK YOU for taking the time out of your day to make these videos and break it down for all of us to understand so that we aren't confused or mislead. Thank you

@neall124 Жыл бұрын

That’s cool

@gypsyhendrix1237 Жыл бұрын

I quite agree with you Monique because It is very rare that he always Comes along and gives this much info right down the middle. I’ll say that I’m also a beneficiary of this channel after I started an investment with Ms Tonia. I made a $13,950 of my $1500 investment, I can also recommend anyone to her. Thanks.

@helensteve7962 Жыл бұрын

I did not know anything about finance or how interest rate/inflation affect the stock market. I've learned a lot after watching just some videos, so decide to start up an investment as well.

@anthoniobryan5805 Жыл бұрын

@@helensteve7962 Literally, Everyone needs more than their salary to be financially stable. We should be thankful and really appreciate so many people that tries to put smiles on others face. Just did my first withdraw off a $3000 start up plan.

@aloypascal2799 Жыл бұрын

@@gypsyhendrix1237 please how do I find her? 🙏

@churchill19708 Жыл бұрын

Sorry it took me so long to put my message up Alux. I had to watch this video three times, get the One page Financial Plan book bought on audio books and finish it. Then I came back to listen again for the details I missed before. This has been my goal for this year so you were reading my mind. I will be back to watch again to finish my notes. Sorry if I am off the app for a few days. I gotta get this budget done for May. Budgeting is my weakness but I am trying to correct that.

@OliviaAngelova Ай бұрын

Start today, reap tomorrow. Every small investment is a step towards your mountain of dreams. Keep this in mind as you embark on your investment journey. Every step counts!

@EdenOliveira. Ай бұрын

Stay focused, stay disciplined, and stay patient. Good investments take time to grow.

@AlanJuan52 Ай бұрын

Recently, I've been researching advisors. I recently started trading, but it has never been profitable for me; I have incurred significant losses. Please do you have any reputable recommendation?

@LopezJohander Ай бұрын

Meet Tyler Dav FX: a seasoned trader and trusted advisor whose keen market insights and strategic foresight have consistently outpaced the trends. Tyler Dav FX extensive experience and disciplined approach to trading have not only yielded impressive returns but also earned the unwavering trust of his clients.

@HannahMegan-uf3sh Ай бұрын

@@LopezJohanderSure With Tyler Dav FX guidance, investors navigate the complexities of the financial world with confidence, secure in the knowledge that they are supported by expertise that transforms market challenges into opportunities for growth.

@GraceAmber369 Ай бұрын

Tyler’s concept is key in beating all odds to excel in this form of online commodity trading.

@nhlanhlandlovu5542 Жыл бұрын

After the intro, the english was a little bit too heavy for me but I got a grasp of a few concepts

@BobF510 8 ай бұрын

This is a masterpiece of content. I read a similar book that served as an inspiration. "Mastering Money Mindfulness" by Benjamin Hawk

@omotayosatuyi252 Жыл бұрын

Automating your finances is one of the easy ways to stay on top of paying for necessities like bills

@FinancialQuotientBooster Жыл бұрын

Nice video, love how you took your time to educate your viewers. if you learnt something like this comment

@levey9207 Жыл бұрын

Great episode. Well done. What was the podcast you recommended?

@somerandomfella Жыл бұрын

I'm definitely on Zero Based Budgeting. By the end of the week I have ZERO 😭😭😭

@Mathew-bp5bm Жыл бұрын

Millionaires are made in crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 2months, and it would really help if you could make a video covering these strategies.

@josephlee4001 Жыл бұрын

The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

@expertjacksonwilliams7368 Жыл бұрын

I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up

@johnrobert4538 Жыл бұрын

"Jackson Sten Marsh." is the coach that guides me, you ca look him up on the web-site for further verification.

@boseayoade3072 Жыл бұрын

Thank you for this tip. it was easy to find your coach. Did my due diligence on him before engaging his services. He seems proficient considering him résumé.

@WealthbuilderzTV Жыл бұрын

Always enlightening videos. Alux is like a rich cousin that teaches you everything without doing it for you.

@aaliaelamin4387 9 ай бұрын

I’m still struggling to stay frugal and have savings. I don’t even own a single property and trying hard to get OOD within 3-5 yrs. @Alux, could you make a video on maybe saving up for property?

@preciousowubodkiari998 11 ай бұрын

Nice video, how i wish i had this knowledge earlier i would have gone far in investment. Thanks for enlightenment

@storymode9085 Жыл бұрын

no links to those "other 2 videos"? How banks work is the closest i could find

@earlthomas7464 Жыл бұрын

I totally missed the recommended podcast @ the 20:36 mark. Can someone please help me! Thanks in advance.

@fairwaywoods Жыл бұрын

Naval Ravikant

@fuunnymoments 7 ай бұрын

generally super! Now I'm in a great mood for the whole day! thank you!:)

@netfort6315 7 ай бұрын

I'm seeking professional guidance to enhance my Financial IQ and optimize my assets due to ongoing financial struggles. so Thanks for this valuable insight

@shaheemjackson283 Жыл бұрын

Q.O.T.D: It's the jargon that I struggle with. Some of the practical concepts like investing, saving and the different tools are pretty straight forward, but my lack of financial literacy from the past is making the jargon a challenge to comprehend. I'll get it tho 🙌🏿

@AmethysMarz 10 ай бұрын

Awesome video! Great info for everyone who wants to change their life!👍

@RedPilledFit 5 ай бұрын

You’re cute.

@pauljackson171 Жыл бұрын

2:30 to add on, these periods, when most all are scared & flee, leaves most all outstanding opportunities up for grabs, & those w/ a dog mentality & prowess take them. The landscape rebalances & opportunities proceed to show up in times of peace, but you compete with the majority then.

@danielkover7157 3 ай бұрын

In the beginning you mention two videos that sort of precede this one, one about the banking system and one about how money works, but there were no links provided. Which videos were you referring to? I'd like to watch them.

@BUSINESSEMPlRE Жыл бұрын

Please add caption

@two-zero Жыл бұрын

I couldn't thank you enough, please accept this message as token. May the God in me be the God in you bless you Alux

@HaroldMills-jo9qj 10 ай бұрын

what are the videos you reference in the beginning of the video?

@randomguyatfarm Жыл бұрын

This is all in one video. So great

@georgehowelliii5666 Жыл бұрын

Awesome video! Make a video on how to budget and build wealth for the average person, please.

@acextensionsinc Жыл бұрын

2:07 🙏🏼✨🙏🏾

@jumperj93 Жыл бұрын

Wish I could repost on YT, this is EXCELLENT information!

@kaeros5521 Жыл бұрын

Great video Alux. Well done!

@vidok8087 Жыл бұрын

Which gamified learning apps do you use?

@nitinKumar-wk5mk Жыл бұрын

This, is by far the most engaging video that I have ever seen in last few years. I intend to watch this again a few times....

@342josevargas Жыл бұрын

What was the name of podcast??

@naomigonzales9663 Жыл бұрын

Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?

@jonathanburtnick Жыл бұрын

Focus on two key objectives. First, stay protected by learning when to sell st0cks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guiidance a br0ker or financial advisr

@dianarabbanii2 Жыл бұрын

@@jonathanburtnick I agree, having a brokerage advisor for inveesting is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far

@dianarabbanii2 Жыл бұрын

@Chester Hitchcock The advisr I use is Elisa Angele Esparza, she's verifiable , so you could just search her.

@scottjuarez9549 Жыл бұрын

@@dianarabbanii2 Thanks for the info , found her website and its really impressive

@yanivdanilov Жыл бұрын

Hi to all Did you understand which videos to watch before this video in order to understand this video better 🙏😊

@hugh009 Жыл бұрын

I past this on to a new young investor/entrepreneur group I have been asked to join which I have. I highly recommend Ray Dalio videos and interviews!

@heyven779 Жыл бұрын

Please make a video on how your video is made... 🙏

@rodneypate1693 Жыл бұрын

Love the content in this great video. Especially the use of your vocabulary. Incredible ❤

@daytradingking1210 9 ай бұрын

Once you getting the hang of saving it becomes easy but starting is a struggle 😭

@sheltonPston 10 ай бұрын

These are very valuable info 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 $109k now to put in the market.

@BenjaminMcLeod815 10 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.

@lorrerich5812 Жыл бұрын

I’m struggling from every angle in mine

@Cristian_M_ 8 ай бұрын

Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy....

@geralyncainglet2626 8 ай бұрын

I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

@Brookeinda 8 ай бұрын

Wow, really. I was able to make my $25k on investment

@aprilclaudette2057 8 ай бұрын

@@geralyncainglet2626I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

@aaronferrell3129 8 ай бұрын

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

@Bireshprema 8 ай бұрын

You’re right but a lot of people remain poor due to ignorance

@JLW667 Жыл бұрын

18:47 20:27

@faithokunorobo4629 5 ай бұрын

Thank you. More understanding on investment will do me a lot of good.

@hussainshahid5 Жыл бұрын

I am always grateful to you Alux and team.😊😊😊❤❤

@chcebs8662 4 ай бұрын

We as a society NEED THESE TYPES OF VIDEOS! Seriously

@justinwilcox8357 Жыл бұрын

Can someone please spell the name of that podcast?

@shinmentakezo4131 Жыл бұрын

Naval Ravikant

@osher2513 Жыл бұрын

AI& the metrix do video on this topic

@ehuric Жыл бұрын

Why are your Words so FANCYYYY noww? Been an aluxer for 7 years and I noticed something's different about this video. Did you hire a new writer? Or are you using AI to write/ improve your scripts 'cause it's using too many fancy words that takes time for some people to understand. English is prolly my 3rd language so these synonyms make me feel uneasy. Don't get me wrong the video is highly informative as usual it's just we're not used to this kind of writing style.

@channian812 10 ай бұрын

很好的文章，使我增长了知识。👍

@TopBizTV Жыл бұрын

It is a great but also scary time we live in now. So easily able to learn all of this information online and one could become financial literate, but there are so many distractions out there, especially self-indulgence. It's okay indulge of course, but in a strategized way !

@MuhammadAli-iy4qn Жыл бұрын

no bonus tip😩

@josephdaoud5868 Жыл бұрын

At around 9 mins in, it kinda feels like Alux went out of their way to use big words. Not sure why. 🤔 Good content though!

@Aditya-vw8xy Жыл бұрын

Sounds like chat gpt 🤔 But great content always!

@wendychan6195 11 ай бұрын

who was the personal finance podcast you recommended?

@sophiamoore4560 Жыл бұрын

When you follow the steps below, you attain financial independence.

@henryrobinson4678 Жыл бұрын

To attain financial independence, you need the experience of a financial consultant to achieve your goal. The Rich ones seek consultants to help grow their finance but claim to attain success themselves.

@henryrobinson4678 Жыл бұрын

I engage in various lnvestments through proper planning and guidance from my financial consultant and have so far acquired great returns on lnvestment (more than half a million). 🥂

@henryrobinson4678 Жыл бұрын

To get more details about my consultant (Isabelle Chloe Scott ), do internet research with her full name above, where you can get in touch and write her. Give her experience a try and walk to success.

@angelinabarnes9285 Жыл бұрын

The substantial approach you got here; feeling so good to be here.

@topsyfernandes7542 Жыл бұрын

Deserve all the attention. 🙌