4 Signs You’re Doing Well With Money

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4 Signs You’re Doing Well With Money

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Күн бұрын

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About this episode:
This episode goes out to anyone who’s ever looked at an Insta reel about someone’s super aesthetic white and beige home or their Whole Foods grocery haul and thought, Dang-I’m way behind with my money. Here are four signs you’re actually doing better than you think.
Next Steps:
📗 Order George Kamel’s new book, Breaking Free From Broke. bit.ly/48d7So4
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Пікірлер: 374

@KarenLavia Ай бұрын

At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

@EddyAgnes-vy4kp 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 because I invested early ahead this time .

@RaymondKeen. Ай бұрын

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

@ScottKindle-bk3hx Ай бұрын

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

@RaymondKeen. Ай бұрын

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

@HectorWhitney Ай бұрын

That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered her exceptional resume when I made a Googled search of her names online. I consider it a blessing that I discover this comment area!

@bookwormbon482 3 ай бұрын

4:37 1. You live below your means 5:02 2. You have an emergency fund 5:34 3. You don't rely on credit cards 7:28 4. Your net worth grows over time

@Shelly_B 3 ай бұрын

Thank you for saving 8 minutes of my life!

@Tinyzkid 3 ай бұрын

Thank you for saving me from the yapping!

@jonathanocampo8328 3 ай бұрын

Legend!

@alexbob5209 3 ай бұрын

Damn I was 4 minutes in and still didn’t know the first one We need more people like you

@kelvinjefferson2253 3 ай бұрын

THANK YOU!!!❤

@ElizabethKing-qu2ob 2 ай бұрын

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

@annaj.osorio 2 ай бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

@AndersonCallaway 2 ай бұрын

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@annaj.osorio 2 ай бұрын

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

@HarryMurphy47 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.

@johnparker4484 Ай бұрын

Bot thread scum

@Henry-hp3kl 3 ай бұрын

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

@LoseMike-og9in 3 ай бұрын

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

@LoveFrank-cp7tv 3 ай бұрын

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

@user-ko1xu4ow4w 3 ай бұрын

Mind if I ask you to recommend this particular coach to you using their service?

@LoveFrank-cp7tv 3 ай бұрын

Leticia Zavala Perkins, 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.

@KateShawn-jv6wh 3 ай бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@peace-a 3 ай бұрын

My sis called me cheap on more than one occasion. I like to call myself frugal instead. We have 2 paid off cars, no debt except for the mortgage, a fully funded ER fund, a growing 401k and we pay for vacations in cash. Meanwhile, they fleece 2 cars every three years and are in debt 🤦🏻‍♀️

@UTP504 3 ай бұрын

You’re killing it🔥💯, great job, Sis is down bad, she just doesn’t know it.

@CYCO1631 3 ай бұрын

I got made fun of at work by my boss (who's a prick) for willingly paying cash for a 2014 Prius V. Said I needed my man card taken away! Fair point... In the words of Achmed the Dead Terrorist, "That is not a car, it's a lunch box!" Don't care, it gets 43 miles to the gallon and is actually fun to drive. I then countered by asking how much a month his new Acura was costing him... Oh! $700 a month huh! *Point* *Set* & *Match*

@musicman7297 3 ай бұрын

@@CYCO1631 I'll keep my MAN card with my HEMI powered pickup truck and skimp on all of the other unnecessary stuff.

@jollama 3 ай бұрын

Wonder how you fleece a car

@peace-a 3 ай бұрын

@@jollama it's a term that Dave Ramsey uses all the time to say that a leased car is the worst financial way to get a car.

@hullbruce 2 ай бұрын

This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $46,000 outside funds in my IRA to invest. Pls how do I take advantage of this?

@Jaymilnere 2 ай бұрын

Now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.

@DanielPanuzi 2 ай бұрын

@@Jaymilnere I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.

@hullbruce 2 ай бұрын

@@DanielPanuzi Glad to stumble on this commentary, I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

@DanielPanuzi 2 ай бұрын

@@hullbruce Alicia Estela Cabouli is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.

@hullbruce 2 ай бұрын

@@DanielPanuzi 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.

@ianmunro809 3 ай бұрын

Case in point. I work at a prestigious art museum in santabarbara ca my expensive as hell home town. Our janitor Jorge whom came from Mexico, worked 3 jobs, lived poor a saved every penny for 30 years owns a paid off home, 2 paid off bmws and is about to retire. Not another employee on site has done this, all broke.

@kate_6436 3 ай бұрын

and yet I bet a bunch of people look down on him for a ridiculous reasons

@licoreen 3 ай бұрын

Go, Jorge! That’s awesome!

@vickieclark5931 3 ай бұрын

@@kate_6436 Very true. Many probably do even though he has a lot more money than they do.

@user-tl7mj2bm4m 3 ай бұрын

Jorge has a brain. He probably has a few Warhols hidden away too....

@CYCO1631 3 ай бұрын

Wife and I just bought a new (to us) car. Finance guy at the Toyota dealership was surprised, manager was pissed, salesman was impressed when we walked out with the keys, after writing a large check and staying debt free with about 70% of our emergency fund intact after my other paid for car was totaled. That being said, we've made a lot of sacrifices to keep our heads above water, and the economy has done us few favors. Hopefully, we can get this inflation crap over with, and soon!

@ericar.6370 3 ай бұрын

I am having this exact issue! My paid for 2007 sedan was totaled last week (not my fault), so now I have to shop for a new to me car and will be paying cash using the settlement check plus my savings.

@CYCO1631 3 ай бұрын

@@ericar.6370 I wish you luck. My wife and I replaced my totaled Elantra (not my fault) with a Prius V, which I absolutely love. My wife in turn has a paid for Corolla which she adores. Toyota or Honda... the way to go.

@Keepitsimple-2612 3 ай бұрын

We have lived frugally our entire life. We have paid off our mortgage in 8 years. Still live in our first / starter house. We save 75% of our income. We are blessed to have high paying jobs which helps with 75% of savings rate. But I used to save 50% as a grad student making $1500 a month. Saving is usually not a math problem. It is a mindset. And yes, i dont have FB tiktok or insta on my phone. I could care less what others are doing.

@user-tl7mj2bm4m 3 ай бұрын

I have an old flip cellphone.....$9 a month....and I like it that way.

@davidbrooks8809 2 ай бұрын

😂

@RichardTouchfaith 3 ай бұрын

We're doing pretty well, though my wife doesn't keep a close track of our finances. A few months ago I suggested we go car shopping for a large SUV. 2 hours later we drove it home after writing a personal check. She was actually shocked we had enough funds for a spontaneous large purchase.

@wesyoung9150 3 ай бұрын

I’m 36 just paid cash for a new truck that I saved up to do so. I put cash into a high interest account that pays all my utilities and car insurance every month. I live like I’m broke and those around me at work are broke but live like their balling.

@NickRaeff 3 ай бұрын

What “high interest account” do you recommend? Asking for a friend lol

@wesyoung9150 3 ай бұрын

@@NickRaeff shop around with money market accounts at banks and credit unions. Most offering 3-5% and cds are up to 6%. Got to have a significant amount of cash though.

@Dooguy 3 ай бұрын

@@NickRaeff vio bank cornerstone moneymarket 5.30%

@TScottW99 3 ай бұрын

@@NickRaeff I use Marcus and really like it but there are a lot out there. SoFi bank is excellent as well, especially if you want more than a high yield savings account.

@channell11 3 ай бұрын

Nice! My wife told me I needed another "hooligan car", so I bought a Viper convertible that I wanted with cash. We enjoy life but we don't act stupid-no debt, and we buy what we want. We're stacking away big money for the future and growing our net worth.

@MrsPink64 3 ай бұрын

Hubby was on the receiving end of jokes at work. Driving an old car, taking his own lunch, paying cash for his car parts. Who’s laughing now? Hubby is retired. Some of his coworkers are in their 70s. We paid cash for our new car, 2nd one of our life, and went to Europe with money we had saved. I’m proud to say my kids are adults with no debt, emergency funds, and savings.

@ItsMeLearyB 3 ай бұрын

Great job!!!

@user-tl7mj2bm4m 3 ай бұрын

Awesome. Yeah...for about 8 weeks once, I went out to lunch every day....I never had any money and I had to keep going to the bank. I got sick of it. Got tired of having to RUSH back to Hell (work) too. Went back to bringing lunch and never looked back. And yeah, house is paid off, kid's education is paid off, about 2.5 years from retirement I hope (I"m 59).

@jacobpierce6153 2 ай бұрын

They can’t laugh when they’re all working at the same place lol

@Torresknows 2 ай бұрын

Heck yeah! Nice work

@c_guy95 3 ай бұрын

I needed to hear this. Everyday i think about how far behind i am. I've only been listening to you and Dave Ramsey for a few months but I'm just trying to take it 1 (baby) step at a time

@GeorgeKamel 3 ай бұрын

You got this!!

@TheHavocdog 3 ай бұрын

Stay vigilant. I was broke at age 38 and going the wrong way.. I learned that I had to put in personal spending boundaries. I got strict with a budget. I did put some free spending money in the budget so that I was less likely to quit the budgeting process. Money in excess of the required budget was spent on debt reduction and minor investing. When I became debt free at 50, I devoted the extra money to investing. I am now a baby step multi millionaire and am spending more on myself now, but I am still spending less than I make. I only regret that I didn't control my spending a little earlier in life. I will have a comfortable retirement, but will not be rich. Good luck on your journey!

@RobertBeedle 2 ай бұрын

You're doing fine, i know it is tough. I dont follow the baby steps, but if I did, I would be on step 6. You got this!

@joycewright5386 Ай бұрын

I worked for 13 straight years before I made enough to start saving. Just stay focused and keep going forward.

@41yearoldnewdriver 3 ай бұрын

I am saving money for a used vehicle. I am trying to adopt the financial minimalist perspective in my early 40s.

@vickieclark5931 3 ай бұрын

Minimalism is the very BEST way to get ahead financially. Not buying anything that you don't really need is the #1 way to get ahead with money. Not only does it help you stay out of debt and save a lot faster, but you have more peace when you don't have clutter and crap all over your home. It is a win/win situation.

@davidbrooks8809 2 ай бұрын

Keep doing what you're doing😊

@MariaGonzalez52775 2 ай бұрын

*DONALD NATHAN SCOTT.*

@nogames8982 3 ай бұрын

Don’t compare yourself to other people. Everybody circumstance is different. And a lot of people put on a show when behind the scenes they are in deep trouble. Don’t worry about them. Worry about yourself. I understand the feeling of not doing well when maybe you actually are doing pretty well. Nowadays with everything looking like it’s going to hell in a handbasket it’s hard not to feel discouraged or stressed about finances.

@Rosesmith-hj 2 ай бұрын

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

@Rosesmith-hj 2 ай бұрын

@DIANNE-g However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

@Rosesmith-hj 2 ай бұрын

@DIANNE-g Judith Ann peace is her name

@Rosesmith-hj 2 ай бұрын

Lookup with her name on the webpage.

@Rosesmith-hj 2 ай бұрын

@DIANNE-g You are welcome

@traciejones6491 Ай бұрын

A simple lifestyle can be a very happy one. I remember reading something in a book or article once about an architect or builder who built houses in a certain neighborhood. He said they all wanted front porches on the large homes he built, to relax on and enjoy, but when he drove by he never saw anyone ON the porches at all. They were living beyond their means having him build them fancy, upscale houses. He said had they had him build smaller houses and smaller front porches, they could have had leisure time to BE on the porches rather than having to work overtime and hardly be home. Had they had him build not the most lavish he could do but fitting their lives, he said they could have spent time with a lemonade on those porches. He himself lived in a smaller home without all the bells and whistles, and he did sit on his porch swing after work with his wife. I would rather have the time with my husband on our little porch than be in over our heads financially and never on a large porch.

@turtle522 3 ай бұрын

That old saying. Comparison is the thief of joy.

@optomix3988 3 ай бұрын

Thank you for this video. Helped me feel like my family is doing the right thing.

@GeorgeKamel 3 ай бұрын

Love to hear that! Keep it up

@rociorocio9436 3 ай бұрын

Until one fully lives "debt free" in certain areas of our lives, it is very difficult to even think about joining that side once again of the constant comparison and wanting the latest this and that. It takes maturity and stepping back to think what is the most important at the moment and follow that for yourself. The sad truth is a lot of people are just trying day to day but do not have set goals or plans to reach what they do not even know what they want to reach.

@musicman7297 3 ай бұрын

64 and live on 1740 a month in Florida. Own my mobile home, paid off pickup truck and camper ,debt free except for low lot rent ,phone/ tablet bill and electricity. 10 months a year I buy 600 in silver. But I didn't get real smart until my 50s and didn't get really, really smart until 2 years ago. I was like most people in America.... buy ,buy ,buy, waste,waste,waste. This country will be in very bad shape in 10 ,20 years if not sooner.

@Riggsnic_co 2 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.

@LindaHaire 2 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.

@Ashley186fre2 2 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.

@JacquelinePerrira 2 ай бұрын

Please can you leave the info of your investment advisor here? I’m in dire need for one.

@Ashley186fre2 2 ай бұрын

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

@JacquelinePerrira 2 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.

@racenuke 3 ай бұрын

Thanks for this video. I needed some encouragement. I really am doing okay even though I freak out for small things. It’s been a rough year but I think this year will be better financially

@missgui4400 3 ай бұрын

Live simply and be happy 😊

@beatrizguerra7655 3 ай бұрын

YES…happiness lies in simplicity

@EcomCarl 3 ай бұрын

Such an important topic to discuss! 🙌 It's crucial to remember that financial success is a personal journey, not a race against others. Focusing on our own financial goals and progress, rather than comparing ourselves to others on social media, can lead to greater financial well-being and satisfaction.

@JoeySmith101 3 ай бұрын

Love the random clips. The guy walking into the pool actually made me lol

@AhmedRobert-ph7pt 3 ай бұрын

Successful people don't become that way overnight. What most people see as wealth, a great career, purpose is the result of hard work 🤑🤑

@gloryokpo416 3 ай бұрын

AS!! I know it's possible, I'd appreciate it if you showed me how to do it.

@TeresaBill 3 ай бұрын

So you guys know her too?... she made my husband and l have our own house and car. She is good! 👌

@JosieFaelyn 3 ай бұрын

Her concept is key in beating all odds to excel in this form of online commodity trading

@johnfrederick2944 3 ай бұрын

wow, it's so relaxing to see my Mentor speak here, I thought I'm the only one who knows mrs Maria.

@johnfrederick2944 3 ай бұрын

I think her good works speak for her now, she has built a good legacy for herself.

@johnsproul6938 3 ай бұрын

George, thank you so much for this content.

@alexandrajfaure6857 2 ай бұрын

Hey George, thank you for this video because you showed me that my financial situation is much better that I though and no need to stress so much about it. Have an amazing day☀

@floop2935 3 ай бұрын

Don’t compare what you see on the facade! Someone may be driving a luxury car but literally have no savings! Stay on your path and be true to you!

@craftedbyalison6592 Ай бұрын

This actually makes me feel better about my finances. We just bought a house that tripled our house payment but we have at least 40,000 in equity in it now that we have it and we still have money left over each check even if it’s not as much as it use to be when we lived in a smaller home.

@dadofabunchofkids9437 3 ай бұрын

I buy so much Vanguard growth mutual fund, max out 401k, max out IRA, have 5 Florida prepaid plans, keep 6 months of emergency savings in my Sofi account, no mortgage, have solar panels to reduce electricity expense, shop at aldi and Walmart and get store brand. All my leftover money goes to my brokerage where I buy more Vanguard growth lol.

@rebeccapeden1401 3 ай бұрын

Wow

@user-cg6fd4in1d 3 ай бұрын

Solar panels is my current dream but I live in a condo. I am fortunate to have paid off the condo.

@btheb316 3 ай бұрын

What Vanguard Mutual Funds do you invest in?

@Noah4evaa 3 ай бұрын

You have a financial advisor through vanguard?

@TorqueKMA 3 ай бұрын

These are the guys giving me money dismorphea

@dtr579 3 ай бұрын

I'm 55 and have a positive networth of $500K, mostly in cash. I'm hoping to hit $800K by 63yo, so I can retire. I should draw about $2800 a month on social security. I think I should be okay in retirement if nothing catastrophic happens.

@kathywestermeyer 4 күн бұрын

Very encouraging! Even though I got a D on a previous video on net worth, I got 4/4 on this one! 🤗 Have lived for four years since retirement on my modest SS and partial pension. Have been on six overseas trips during that time while not even considering dipping into my 401K. 😊 So even though I will never “live like no one else,” retirement life seems quite sweet!

@joeymak2000 3 ай бұрын

136k ish overall net worth just in my 401k, IRAs, bank account & my own Robinhood account. I just turned 24 earlier this year.. I basically live paycheck to paycheck lol.

@adamsc9049 3 ай бұрын

Nice, I’m 23 now, 24 in September. Have around 145k in my brokerage and fixed income accounts currently , been investing since I was 17 (2017). I’ve been curious to know if there’s any discord server for us younger folks who’ve been investing for some time now.

@joeymak2000 3 ай бұрын

@@adamsc9049 I’m in some but they’re useless honestly. Keep doing what you’re doing. I started in 2021

@Joenzinator 3 ай бұрын

I really don’t compare myself to others, but when we made $150k I couldn’t accomplish all of my financial goals. I wanted to save more for my retirement, save for my kids college, invest in a brokerage acct, etc. and there wasn’t enough to go around. If I just wanted to spend it, there would be plenty of money. It wasn’t until we made $250k+ where I felt like all of my savings buckets were good, and we had extra money for a few luxuries. And I still drive an old mini van, so not too many luxuries 😂

@ReedMyresDavid 3 ай бұрын

I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

@Scott-qwer 3 ай бұрын

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant

@Scott-qwer 3 ай бұрын

Mrs Nancy Williams Laplace

@isable-ty7rt 3 ай бұрын

This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

@SC-4rqub 3 ай бұрын

Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

@gaspardfigueroa 3 ай бұрын

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

@paulstandaert5709 3 ай бұрын

12 years ago, I surpassed the $30,000/year mark, and I was 30 years old. If that isn't (wasn't?) behind, I don't know what is. At the same time, I was working next to another co-worker who had a household income of OVER A HUNDRED GRAND. But they were broke all the time. They pounded down cigarettes, beer, had whisky plates on their vehicles, and took the family of 4 to Cozumel every year. They used the appreciation of their home as a piggybank and kept re-financing it and never built any equity over the course of 20 years and lost their house in the 2008-2009 housing crash. My income is now substantially better, and I have everything paid up including the house. Now I need to work on my retirement account which I am hitting pretty hard now.

@user-tl7mj2bm4m 3 ай бұрын

Gorge it with money (your retirement account)....feed it like a pig....it will thank you later....boost it to 17% or more.

@paulstandaert5709 3 ай бұрын

@@user-tl7mj2bm4m it's at 25% now.

@xdscast 3 ай бұрын

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Tobias Hawke, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

@xdscast 3 ай бұрын

Tobias Hawke program is widely available online..

@BCelt348 3 ай бұрын

Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..

@cat6318 3 ай бұрын

To make money from trading, you need a lot of experience and a well-defined plan, which most traders lack. You are more likely to lose money if you trade without sufficient preparation. Identify the buy/sell ratios and, most crucially, the market leaders. Diversify! This will assist you in spreading risk.

@lottschke 3 ай бұрын

I’ve spent 10 years of my life investing in both stocks and real estate and I made a lot of money in them. Sometime in 2019, I discovered crypto and started investing in it as well. I realized it was by far much more profitable. Now my life feels much easier and better.

@LeoVillaraza 3 ай бұрын

Tobias Hawke’s understanding of market indicators is impressive. He knows exactly when to enter and exit trades for maximum profit. His siignals are top notch..

@ehderguyyashootadeerorno2313 3 ай бұрын

My 7 year old wants to be a KZfaqr because some of the guys he watches drives those high end super cars, have Yachts, and huge houses. I told him that a lot of that is fake. I can rent a super car for a day then a week later show a different one etc. Then I can charter a Yacht and pretend it is mine, then stand outside of a huge house and say it is mine too. Buy what makes you happy and not something to impress others.

@JAH-iu3yh 3 ай бұрын

7 year olds should be outside playing, making a lemonade stand, learning the value of a dollar not on KZfaq.

@ehderguyyashootadeerorno2313 3 ай бұрын

@@JAH-iu3yh oh trust me der guy, we got him a new puppy in November and were training her with pheasants a few weeks ago. The wife didn’t like the fact her 7 year old was ringing the necks of them when we were done. He helps me cut up deer, fish, birds and bears. Overall we should be good. Gets a little cold up here in da winter so he KZfaq’s then.

@martywilliard 3 ай бұрын

HARVARD is not an Ivy League university … it is actually one of the largest Hedge Funds in the USA !

@PatrickVien-ik5pb 3 ай бұрын

Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

@Alexanderwilliam-yx9pk 3 ай бұрын

It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.

@JuanaAlthea 3 ай бұрын

Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach Like ''Mark Stuart Jordan'' for over 2years+ and I've netted over $800k.

@user-mt6nw8kv9p 3 ай бұрын

Impressive can you share more info?

@ehderguyyashootadeerorno2313 3 ай бұрын

I can look fake rich too lol. I can rent a high end super car for a day, then charter a yacht and say it's mine, then give some guy a hundred dollars to play in the yard of his huge house and say it's mine, then I can max out my credit cards, and take loans out on my 401k to go on vacations. I get some people make crazy money but a lot of them are fake. My mom had a coworker that was like 5 years older than her. She lived a fake rich lifestyle, pulled money out of her 401k multiple times for work (plastic surgery) on her body, monocycle and vacations. My mom said she was retiring (60 years old) and that other lady was shocked that my mom could afford to retire. Be smart.

@tcgtpl 3 ай бұрын

@05:40. Carrying a balance on credit cards is incredibly stupid. If you can’t pay them off in full every month then it’s better to get rid of them.

@myaccount9498 3 ай бұрын

I'd love to know what percentage of Australians have no savings? They certainly love debt here (not me though ofc)

@randallraines6553 3 ай бұрын

I dont rely on credit cards. I use credit cards responsibly to pay all my bills and everyday needed expenses. I pay them off in full every month and pay no interest fees. I get cash back and points from the credit card companies that I use for travel.

@IrisP989 3 ай бұрын

We do the same but don't use points for travel.

@theRealAntowan 3 ай бұрын

Smart. Basically do the same only I only need my credit cards for infrequent purchases. I don't often use them for nothing more. I absolutely pay them off in full before the closing statement date.

@BuzzLiteBeer 3 ай бұрын

I feel like these are bare minimum benchmarks - unless you are spending significantly less than you earn (enough to max out annual 401k and/or IRA contribution limits for example), saving a little here and there won't ultimately give you financial freedom or the ability to retire. It's better than nothing, but I would not relax if I simply met these 4 benchmarks - stay on your toes!

@fluffzone6100 3 ай бұрын

I'm on my way to having 100k saved up by the time I turn 24, and I feel like I have a pretty strong grip on my finnacials. I still have to acknowledge how much of a disadvantage I am being a young adult NOW compared to like even 10 years ago lmao.

@chemquests 3 ай бұрын

While it’s fair to acknowledge a historic fact, the “what if” comparison game can rob joy. You’re doing well and you’ll be happier focusing on maximizing your current opportunity. Best of luck!

@gillian32 3 ай бұрын

The first sign you're doing well with money is you don't carry your money around in envelopes. 😆

@latimer442 3 ай бұрын

These are good points, but just because someone is managing their own financial situation well does not change the fact that the economy is not as rosy as portrayed in this video or the general mass media. I don't know about "Silent Depression", but it's limping along pretty badly.

@musicman7297 3 ай бұрын

Things are going to be real bad in 10, 20 years or less . People already complain about high prices but still live high on the hog. Most people save nothing.

@pdxmusl1510 3 ай бұрын

I did some math on all these "high prices" recently. It's not as bad as people are making it out to be. What we are actually seeing is the same thing our grandparents saw when we were kids... (in an old man's voice) "back in my Day bread bread was 35 cents!". Back when bread was a buck. It's the same things if you look at costs proportionally. There's very little difference. In most ways the younger generations have it way better financially than we did. Rent is about the same. Groceries are less. Computers are less. Utilities are less. I mean I'd go on but most expenses are actually about the same or less. Rent is a little wonky but that's because we have place ms like ca that throws everything off. If you remove the highest and lowest rents you get a much fairer amount that's proportional to what it pretty much has always been. College is an area where the price has gone up way more than it should. Bit again. Kids today have way way way more options than we did for careers. I mean if I needed to know how to fix my car, I had to find the right book and it was a pain. Today I just click on a 5 minute video I looked at an hour before I do the work.

@musicman7297 3 ай бұрын

@@pdxmusl1510 Hi NOT SO BRIGHT, I paid a dollar a dozen for eggs under TRUMP, over 3 today. I paid less than 3 for gas under TRUMP over 4.50 today. You definitely are a democrat 🤡.

@latimer442 3 ай бұрын

@@pdxmusl1510 I believe that your answer may be very subjective. Based on my own experience, not in a highly populated metro area like NYC or dealing with CA type inflation, I am seeing a minimum 3-5x proportional inflation of price vs when I was a kid. At the minimum, and while wages stagnate. I watch my money very carefully, and am constantly confounded when I try to earn more, but my dollar doesn't go any further than it did before I started. All the every day expenses that you have mentioned as going down, I am watching go up. Not just in my anecdotal experience, but in the inflationary data when linked to stagnated wages. There are exceptions where you can get basic versions of items, such as computers for less. On the other hand, you have cars that have tripled in value. What used to be 30k is now 45, 75, 90k.

@kimcasey8951 3 ай бұрын

Graham reference made me chuckle 🤭

@cuz129 2 ай бұрын

George is the bomb!

@MissKinderGarden319 3 ай бұрын

Yey! I am on the right track!

@touchofgrace3217 3 ай бұрын

I remember out of high school wondering how my roommate could afford to drop so much money on cigarettes each month and for some reason felt envious of that because we had the same pay. I thought she was somehow doing better because she was spending more. The reality was that she wasn’t looking down the financial road and I was. I had delayed gratification goals so I felt a sense of scarcity short-term.She ultimately struggled financially for most of her adult life before dying several months ago from complications of COPD at the age of 50. I am also 50, debt free, have a 6 month emergency fund and am saving toward retirement as well as mid range spending goals. The moral of that story, beyond “don’t smoke”, is to map out your own personal goals and focus on executing those goals rather than being influenced by the perception of what is happening around you.

@pensacola321 3 ай бұрын

Aren't you so special. 😮

@therichbuddha3277 3 ай бұрын

Actual subject content starts at 4:37

@GeorgeKamel 3 ай бұрын

The real hero

@Overlord277 3 ай бұрын

HVAC has a bad coil and is leaking refridgerant. Worse case scenario is 6k to fix it. I have the cash to pay for it. But man is it gonna take forever to replenish the emergency fund...

@dannyh9010 3 ай бұрын

Money Dysmorphia behavior sounds suspiciously like making dumb choices and decisions with money.🤔

@username00009 3 ай бұрын

The Ramsey Solutions rebranding effort is definitely removing the tough love element that made Dave so loved and hated.

@Patrickwalter-vi3fe Ай бұрын

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part, One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

@YorkshireBank-pb4gd Ай бұрын

Consulting with a financial advisor could be a wise decision as they can assist you in creating a portfolio that aligns with your personal objectives and risk tolerance.

@user-se9hx6wp5r Ай бұрын

Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

@VanessaWilliams-pu8vt Ай бұрын

Hope you don't mind if I ask you to recommend this particular professional you use their service?

@user-se9hx6wp5r Ай бұрын

*Whitney Kay Stacy* 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.

@Oscarfreeman-cn9rc Ай бұрын

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

@dorothyw.5725 2 ай бұрын

What is with all of these scam bots? They are so annoying, oh my God. I’m going to use a Ramsey trusted pro, not some loser using bots to promote themselves. Anybody here looking for financial advisors, please for the love of God don’t be scammed. Ramsey has a list of trusted people for a reason.

@Susanhartman. Ай бұрын

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity

@Grace.milburn Ай бұрын

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@ThomasChai05 Ай бұрын

@mikegarvey17 Ай бұрын

@@ThomasChai05Is it possible to get in contact with someone like that?

@ThomasChai05 Ай бұрын

Yes indeed.... *Gertrude Margaret Quinto* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

@mariaguerrero08 Ай бұрын

I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

@user-cv9rm3zh6f 3 ай бұрын

This is a silly question, but net worth for my house. Let's say my house value is 300K, and I have 200K mortgage left. My net worth is 100K, but I do not have 100K, and I will not sell my house any time soon. What's that?

@Isaac-wq9eu Ай бұрын

Love this

@jespinosa44 3 ай бұрын

I’m 28 and have been living frugal my whole life. I have a government job and been making over 6 figures for 5 years now, money dysmorphia is very real for me especially having no debt and living at home

@adamsc9049 3 ай бұрын

Have you moved out now

@jespinosa44 3 ай бұрын

@@adamsc9049 no, I just bought my first rental property. I’d like a few more before buying my own place to live; hopefully be self sustained after buying a few more

@MrRoadTrain 2 ай бұрын

I must be doing great even though i grew up poor with alcoholic parents. I haven't worked in 4years I'm 32 bought a investment property outright, bought the misses a car & have no debts while i get to go on holidays every 3months I'm content. While most people are working till they are dead with a lot of debts they are continuously chasing money & are not happy.. Its a mental game as well as being educated around money.

@curlAlldizzle05 2 ай бұрын

The home part aint fake. A gen x here. Chicagoland.

@SarahK-d6o 2 ай бұрын

My family for some reason think I'm poor. My husband and I live simple. We have no debt and with all assets doing very very very well

@mallardcutter7209 2 ай бұрын

Wasn’t it Warren Buffet who said “ People who have a lot of money got that way by not spending it “

@kenndeshane1068 3 ай бұрын

Somebody’s got the wrong term here. Money dysmorphia would be misshapen money: money dysphoria would be confusion about money. That latter term makes much more sense. But, after thinking about it for a while, I think financial dysphoria makes even better sense.

@nicholebryant7359 2 ай бұрын

The watermelon ones ARE 🔥

@c7042 3 ай бұрын

I'm 75 years old. My MM fund ($10K on deposit) pays @5.12% and is pretty liquid, one day to make a withdrawal. It doubles as my emergency fund. Only 15% of my portfolio is stocks and ETFs. The rest is in CDs. If I wanted more and give up some liquidity, I could get CDs with 5.4% interest but locks up my money for 6 months at a time. I live on about 1/4 of my actual income. I've been happy doing that for years, and give about 1/8 of my income to worthy causes or individuals that are not tax deductible. My opinion is that if a cause is tax deductible, in most cases, it's not worthy.

@singerjo5791 3 ай бұрын

Giving to your church is tax deductible and it is worthy, if a Christian church. Your philosophy is not well thought out or rather researched.

@chaselesser3191 3 ай бұрын

⁠@@singerjo5791You don’t know who he is helping. He could in fact be impacting a broader range of people than that church would. Maybe to a homeless. Maybe a random family in need. Some kids that don’t look like they have much at home. Maybe he doesn’t care if it’s taxed or not.

@c7042 3 ай бұрын

@@chaselesser3191 Widows & orphans only for me, you know. As for organized religions, they are more corrupt that most. It seems that the only people who benefit from contributions to churches are their leaders. See air conditioned dog houses, mansions, and private jets for verification. And yeah, i don't care about taxes.

@singerjo5791 3 ай бұрын

@@chaselesser3191 My point was assuming that non-profit equates to unworthy. My church helps hundreds.

@bigshoe84 3 ай бұрын

@@singerjo5791Yeah, the Joel Osteens of the world who are living lavishly off of these donations makes me take pause in tithing.

@lastime77 2 ай бұрын

100k is not much in California, especially, if you live in your own.

@user-strength10 3 ай бұрын

lol friendly fire their at graham (btw the watermelon sour candy's are legit 😎)

@user-tl7mj2bm4m 3 ай бұрын

With all dues respect, I couldn't give a shit about what other people think of me....and I have NO interest in what OTHER people are doing or what they own. When I see them driving a brand new hot car...all I think is: 1.Glad I'm not paying their insurance costs. 2.Glad I don't have a car payment 3.Glad I have a car that NO one would EVEN consider stealing. 4.Glad I don't have to waste my time washing my car or ...ha....waxing it! Sometimes I like to go down expensive streets, especially when PROPERTY taxes are due....and then LAUGH my ass off at the schmucks who are paying MASSIVE property taxes for these huge mansions. I also like to go down those same streets during a REALLY cold winter day and laugh at their ridiculous HEATING bills. Maybe I'm weird...but that's what I SEE when I look at people and their expensive shit that they foolishly bought.

@thenewriotact 2 ай бұрын

I really wish I could put every bill in separate accounts.

@richfrommitch 3 ай бұрын

We've looped around to the 'x Signs You're Doing Well With Money' video. It must be time for 'x Things Frugal People Never Buy' yet again.

@ericar.6370 3 ай бұрын

😅

@gyb3115 3 ай бұрын

I think also people who are making $100,000+ who are in their mid 20’s through their low 40’s have seen how inflation has made this kind of salary feel like less as you discover higher tax rates and also buying power doesn’t look like it did 10-15 years ago when this age group might been making average wages when younger.

@jasonjosephlee 3 ай бұрын

Living below your means should be the first thing we should all do, then we invest the excess funds. I invested in Real Estate and it worked out great for me. It is one of the best things we can invest in.

@orlandovelastegui1391 3 ай бұрын

It’s not how much you make is how much you save.!!!

@kggiro2 3 ай бұрын

Freddie vs George is the new Kendrick vs Drake

@ericew 3 ай бұрын

What about those people that think they are behind but are really way ahead of the game? I'm always looking to save more since everywhere you look is doom and gloom. Logical bring me knows we're well ahead of the game but emotional me feels bad spending the money in our checking account every month even though we've paid everything off and basically maxed out our savings.

@TheRealTommyBear33 3 ай бұрын

sad to know having 1k in savings makes me better off than a lot of people seems unreal. Of course as a poorer income person it boggles my mind to see 6 figure people having money issues.

@josephbrown9685 3 ай бұрын

I find it funny how people think it’s better to be more social when social media is the cause of a lot of grief, and here I am being more of introvert while avoiding social media and better off for it.

@MikeNapoli1989 3 ай бұрын

I got into some trouble, I had to pay restitution. A year after, I had saved 10k. Money really is the symptom, and not the problem.

@kylesennikoff902 3 ай бұрын

Scrolls down sidebar, sees Graham Stephan video. *clicks*

@trainsforhealth 3 ай бұрын

Glad I found this content, positive and proactive.

@GeorgeKamel 3 ай бұрын

Thank you! Glad you enjoyed it!

@flashsentry1791 3 ай бұрын

All I wanted was a home. I worked through my 20s and saved money instead of travel like alot of my friends. But now I'm in my mid 30's and all savings barely covers a down payment for a home when a 1 family 2 bed and 1 bath cost 700,000 or more. So now im stuck paying high rent that stops me from saving, and I can't get out cause I cant afford the monthly expense per month if I did spend all my savings on the home. So tell me. What do I do now?

@joja2568 Ай бұрын

Move

@theRealAntowan 3 ай бұрын

All my money goes to Life Insurance Cash Value and Roth IRA. 10s of thousands to buy Assets and 10s of thousands for retirement. Emergency fund for 6 months and over 750 credit score with over 20k credit card at 3% or less usage. I think im ok for starters.

@Sheryl777 Ай бұрын

George there are so many financial scammers/spammers in your comment section it's just unbelievable! I guess there is no way to try to screen them out if you are the youtube creator?

@Nibroc67 3 ай бұрын

Not Laurel Road, George! They do student loan refinancing. I could bale their spam letters during the COVID interest pause.

@arthurmantzouris4413 3 ай бұрын

I don't compare myself with others. Galations 6:4.....😊😊😊

@JadeGabrielle-oy4fn 3 ай бұрын

How do most of you guys still make Money/Profits, even with the downturn of the economy and ever increasing life standards

@RichardCharles-hb3kb 3 ай бұрын

The easiest way to manage your money is to take it one step at a time and not worry about being perfect..

@HazelNora-yw6cf 3 ай бұрын

Linda is considered a key Crypto Strategist with one of the best copy Trading portfolio and also very active in the cryptocurrency space.

@QuinnKennedy-ud9xm 3 ай бұрын

Wow. I'm so excited seeing Linda been mentioned here also. Didn't know she has been good to other people too, this is wonderful.

@CoraSavannah 3 ай бұрын

Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary

@EzraHudson-mr2iz 3 ай бұрын

Isn't that the same Linda Parker that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

@IrisP989 3 ай бұрын

I don't know. We reached a 7 figure net worth while having debt, a 6 figure income, we live in a high cost of living area in an expensive state and we are the poorest of our friends and relatives. It doesn't feel like we are doing amazing as others sometimes. I always less than everyone else around us. Like we are not on their level. We even got looked down upon by a relative once because we chose an EV (that's our business what car we want but he laughed at us and he doesn't drive a fancy car either to have the right to so).

@ericar.6370 3 ай бұрын

Maybe they’re doing amazing, maybe they’re up to their eyeballs in debt. 🤷‍♀️ It’s hard to tell sometimes.

@IrisP989 3 ай бұрын

@@ericar.6370 Maybe but I still feel bad sometimes.

@alexmuir3974 3 ай бұрын

"Freddy frowner" got the like lol

@GeorgeKamel 3 ай бұрын

😏

@marlonelias 3 ай бұрын

He’s good looking!.!.

@getinthespace7715 3 ай бұрын

We are moving out of state. I've had $3600 a month going out the door on 2 places and the wife hasn't started her new job yet. Got ZERO extra cash flow. I don't like it one bit.

@DarkRetro97 3 ай бұрын

Funny enough, the next video in my feed is a Graham Stephan video

@nelsoncorreia7293 2 ай бұрын

George, where is that jacket from

@coreyborealis4874 3 ай бұрын

Well according to this video I am NOT doing well financially.

@sallyprzybil2404 3 ай бұрын

Pickle flavor cotton candy? They’re now putting pickles into Dr. Pepper at some Sonics. Put some Pop Rocks in it and Peter has a Poppin Pickled Pepper Party!