One crucial piece of advice I'd like to offer is to always have a solid investment plan in place. This includes setting clear financial goals, understanding your risk tolerance, and diversifying your portfolio.

investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals, have someone guide you.

@@VitaliiSych I'm interested in having someone guide me as that was my last mistake but just don't know who.

@@BarbaraRichstone Kristin Amy Rose is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment. Wishing you all the best ! 🚀

@@VitaliiSych it was quite a straight forward process finding her on google. I appreciate your kindness.

That's honestly impressive. 40k in in 1.5 years is wild for most. Ggs.

Congratulations 🎉

How did you do it? Asking for a friend 😅

@@TwistaGuy2012 the biggest help was my income and very low living expenses. I landed a job making $80k after I graduated and only had about $1500 in expenses every month. That left a lot of money on the table for debt. It was extremely hard mentally to see these massive (or at least massive to me lol) pay checks coming in and turning around to punt it all on debt, but I’m very thankful I did. It’s such an amazing feeling to actually get to keep the money you make once you don’t have debt.

Agreed. If you're even thinking about it you're already on the right track

Yes!

Depends on future trends with the economy.

@@ilovesasukeandleto buy the dip

@@ilovesasukeandleto time in the market, and a in demand job skill. Combo for success.

Rice and beans beans and rice

It's time for you to move out of your parents house

Sell the car!

mashed-up rice and beans

Don’t have kids too expensive

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

I'm new at this, please how can I reach her?

Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family

Amen Ms. Bee

I often listen to people who say they've done that, however they never put great margin between income and expenses and they never put knowledge to use by taking necessary action to get rid of their debts and consistently invest in higher growth options over the years. So, they have not accumulated much to care for themselves in their latter years and to be able to give abundantly and consistently to help others.

That won’t get you wealthy unless you invest what you save, and invest well.

@@JP-dz7zu it works Everytime

@@JP-dz7zu invest in what?

You are on your way to great wealth! You know more at 21 than most 50 year olds!

Very good. At first I thought you were going to advertise a financial KZfaq channel or leave a name/number of a money genius like half the people here.

@@blackworldtraveler3711 you mean Mary Smith? She is almost as good as John Dough. I made millions trading FCOJ. I tried pork belly s, but with the war on bacon........

@@justinacase2623 You got it.

@@blackworldtraveler3711 LoL, next stop my seminars! It's a cross between a Amway meeting and faith healing, a love offering is required.

Well it wasn't planned...and they owed him the money...but I don't recall Dave advising him what to do with the money.

They stay unemployed losing credibility and people step over them taking his place like in any other recession.

@@giveme10feet He told him to hold onto it until after graduation, to ensure he has the means to get through college...kinda like a safety net.

@@dylanlyons6 Dave does talk abt investing in yourself sometimes. And his education is more important than any other investment right now.

18k is nothing tbh. I been working through pandemic and I'm 22...

There is nothing wrong with working for someone. Financial freedom can be achieved by working at 100k a year job if you are good with personal finance.

They don’t really teach personal finance when you’re a finance major. There’s classes you can take specifically on personal finance, but there’s no major requirements for it because major isn’t typically catering towards that. Personally, you definitely get a good understand of how money works from a perspective, and have learned how loans work from physically scheduling them, to how powerful interest it, insight on how banks operate, but yeah we don’t really learn personal finance. It’s like every school jus expects you to learn on that on your own… after all a lot of them require people to take a lot of student loans out

@@Keirosqeen how though

I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Liam🙏

It's a miracle and I would testify, $110,000 every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church.

I have made more than 90K USD God bless Lucy Mary Liam God bless United Kingdom 🇬🇧

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself

Thank you Lucy Mary Liam $45,000 weekly Profit regardless of how bad it gets on the economy.

and then what happened?

.... so he is now a millionaire m..

@I. S How is it hard to believe that someone took up investing, deleted instagram and became frugal? All of those are easy to do and many people in our generation are doing it thankfully.

Excellent advice.. As someone nearly 40 (and doing quite well), i admit i do wish i'd followed similar advice years ago. Start young and start slowly/steadily and stick to it. The reason i feel like avoiding social media (or at least limiting it to a bare minimum) is ideal, is because it can affect your mental health as well as create "comparison-itis" ...

"get rid of instagram" me who makes money off running Instagram pages "hmmmm"

@vincentrich - Banned But Not Forgotten Depreciating asset just like a car.

D A I L Y W E B E A R N . C O M helped me finance my business

wait, so buying 100k worth of Belle Delphine's bath water wasnt a smart choice? dang =(

probably already too late

No simpin' permitted!!! Coach Gang

@@blackworldtraveler3711 that’s awesome man. I love to spend money, I’m by no means super frugal. I just don’t care about money. It’s comes and goes. I can be happy with just enough or millions.

160K is a blessing and in Europe thats upper class/ elite level. Most people get 30-40K a year.

@@SimonSaysyo do you mind me asking your job?

@@Jake-gp4jf I own and operate a Budget franchise.

@@SimonSaysyo me

EXAAAAACTLY!!

I surely wasn't. He is wise

21 here 🙃

I'm 22, debt free, biochemist, living in Ireland... what should I do??

@Joseph Allen Yeah part of the rat race is eagerly waiting for Friday every Monday morning.

or the people that truly want the best for you*

Wow... this is perfect.

I was concerned so much about my money lol 😂 when I started forex trading with Mrs Evelyn Gray now look at myself enjoying my profits weekly.😌

@@hallampreston853 how??? How???

His parents paid cash for college, he’s been stacking 18k in unemployment. His question is how can I make more money. Yea, way ahead of the curve 😂

That's a lot of money not invested tho

Now I'm 20.I am doing business and become wealthy and rich.I will success my life in little age

$10k 😆. Need a little more than that.

@@tybays You need loan?

@@tybays Keyword AT LEAST, sound like you don't even have 10k now Lol

Dufuq do you live and your job? 144k doing what?

@@yme3267 Selling real estate :)

@@codymhurst Can you help me,? I'm a new real estate agent and looking for a mentor. Thanks!

Try moving out of your parents house first and pay off your $140k debt little by little.

@@codymhursttryna mentor a brotha? I need to do something like real estate

I am 20.

I also have a dog,he costs me about $100 a month but I love him

The lesson this guy just learned is: don't work, go on unemployment and max it out, let your family pay for every thing else.... and you can find yourself sitting on 18 K!

Regarding a job that you enjoy: Once you get your savings/investments/budget system up and running there's really not a lot to do with it, maybe an hour a week to keep everything in track, and you will be doing that for a looong time. This means that if you have the attitude of grinding your way through it you are going to be not a very enjoyable person, to yourself or others. For such a long game it pays to have something you can keep, hence work and hobbies/interests that you enjoy. This helps you to enjoy the journey and stick with it, which is important for a 20-30 year goal. If you think you will hustle and grind for 30 years ... good luck. When I was building wealth on a low income, having work that I enjoyed, friends, social activities, and regular hobbies that I was learning gave me something to look forward to every week. I could sustain that indefinitely. Once I got my habits in place, there was really nothing to do but transfer money on payday (5min max) and I knew everything was taken care of and I needed something else to do with my time apart from manage money. When I decided to tighten the belt even more and make faster process I dropped a lot of those things and didn't sustain it. So sometimes going a bit slower but with something you can keep up and sustain is the better option. And that is the role of doing things you enjoy, including work.

@@thecurrentmoment Thanks you so much for your words, you don't know how much it means to me

The most mediocre boomer fukn advice I’ve seen yet. Wow imagine not buying boats or cars? No stories to tell when you grow old. Boomers just need to be buried

Ryan, you need to put money back for when your wife comes home with divorce papers.

U look 30 but I bet u

You are right, to be a successful person in life require him or her of hard work and time

It's obvious everyone is doing this online Investment

​@@ramadhanipongela1360I totally agree with you it has been an eye-opening experience for a lot of people.

Investment is the key to achieving success with the current pandemic slowing down so many businesses aww

Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin

You can reach out to Charlotte to get started 👇

+1 (4 7 8) 2 1 0-5 8 4 5

You can read his book. I read it when I graduated college and I will admit it is mostly for people who are already in q financial mess but I still got some good pointers out of it.

Start investing in good mutual funds now or index funds and dont tinker with the investments. Only look at them to add more money.

@@israelruiz8706 @edward powley yeah its mostly for people who are already in debt but the 7 baby steps are actually really good simple rules to follow if you need a set of direct instructions. i would just look at his steps and go from there wherever you are at. I personally started at step 3 because I've never had debt. (I'm also a college student)

@@Noremac2310 im at two because I graduated with 32k of student loans but I just need 13k to finish off

Hey Edward, if you have Facebook, you should join the Dave Ramsey baby steppers page. Tons of people that are on all the different steps that offer advice and stuff to each other

People received more than twice their normal pay while other people kept working during peak corona. I know of people who voluntarily cut their hours and "lose" their job to get unemployment. But the blame is really on the government for having written it that way to be exploited.

This makes me jealous knowing Im in the exact same situation as the caller except I worked 10 hour shifts and actually made less money than him

@@MollyPopper Sorry to hear that. I am also in the same situation and haven't worked since March. NYC was effed due to COVID.Z

At least he's responsible but he obviously leached it from the government. Probably has no intent to work yet he collects a 1800 dollar check a month as if he deserves it

We need to raise the min wage so people actually get up to work.

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.

@@richardsoncuthel810 Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

@@sebastianspiegler5801 I need this tonight Is there any chance you could recommend who you work with? I am Working two jobs- trying to save to get my parents and I into a house. I am worn all the way out. It does not have to be this way.

@@taylorcoggan2054 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.

Invest 250 or at least 100 until you can do more into mutual funds with low expense ratio like vti , or fxiax ... you can buy these funds in your roth ira ... learn how to value stocks and buy great undervalued stocks when market pull back ... watch our rich jouney they retired at 39

Watch youtube videos on FIRE movement and read the comment sections , if you have a job that matches your contributions at least put enough to get the match

You need any help,i will help you definitely

I am 20.i am doing business

For assistance 👇

+1 (4 7 8) 2 1 0-5 8 4 5

A friend of mine tried to talk me out of investing because of the dangers. How true is this Chandler?

@@alexpavarde8698 I know that learning the ins and outs of investing is not for everyone. Personally, I trust Levi Clemans. You can reach him through his mail

Clemans has absolutely changed the game I don’t know if this was meant to be, but coming across comments here, getting paid today for the month’s trading cycle 🙏🙏 Is the premium service here to stay permanently?

@@Diyavarma843 Please is he taking new investors I’m interested in starting to build my life

@@margarettasanjay2718 sure, he is!

ya know it

We need more stimulus checks.

He obviously had a job so he worked for it beforehand. We are extremely underpaid anyway.

lol is it possible to get money without doing nothing?

@@cautarepvp2079 yeah

Many millionaires where I worked including myself and a few neighbors. Most people have no clue that they are because they just live care free without flaunting it. Straight out of the book "The Millionaire Next Door." Actually the first millionaire I've ever met when on my own was a high school janitor I worked with while going to aerospace school.

W . H . A . T. . S. A . P. . P. + 1 2. 1. 0. 5. 5. 6. 0. 7. 4. 2

an expensive lesson my friend. we all go through some nonsense at some point. The good part is that you learned from it!

The bad news is you had a bankruptcy. The good news is you had a bankruptcy that gave you a lot of wisdom so you never make the same mistake and can pass on your knowledge to other people.

I’m glad that started when I was in my mid twenties best decision I ever made 😁

I spent all my money on drugs and partying back then. Wish I could remember but I’m sure it was fun. 🤣

I know what you mean. We all go through something stupid and make dumb decisions at a young age. I was told the same. You need credit blah blah. I received 41k when I was 18 because my father died when I was young and it was from social security. I blew through that money in 3 months and boy did I have a lot of “friends.” If I would have invested that money in a broad market index fund and forgotten about it until now, that money would be worth around 200k and that’s without contributing toward the investment fund. Hard lesson to learn for sure. But eventually I got intentional like Chris and Ramsey talk about. My wife have budgeted every red cent for a long time and have lived almost like we are poor. We have been saving for 10 years with a 600k net worth now. We will be millionaires hopefully by 42 and retire by 45 all because we made the decision to be intentional and live well below our means. You and everyone else can do the same.

That’s great. Now look into putting some of that money in a Roth IRA. Preferably with Fidelity Go. They manage your money through robo advice. Look it up and tell me what you think.

@@Alistando3712 yessir, thank you. That is on my list for sure. What do you think about Charles Schwab ?

Sorry, politicians don’t work and don’t live lives like you or I so giving more money for people who don’t work versus who do makes sense to them.

Preach!!! Proud to say i have done all of the above...a few missteps here and there, but this exact advice is absolutely how it is done!

@@EadsB7002 no one is perfect but hey good for you!! You are doing better than most people in America 🇺🇸

Me as well lol

Telling people to not have kids is not good advice. Telling people to abstain from having children until they are financially ready and stable enough to support a child, on the other hand, is good advice. Don't tell people how to live their lives at that level. That's a massive part of life that most people want to take part in.

@@TheBanjoShowOfficial you are right.

Same here, I started with $13,000 now earning $128,300 bi-weekly profits with her trading program. She’s really amazing i still cannot believe someone can be this exceptional when it comes to Bitcoin activities.

She’s a great personality in the state 🇺🇸 I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 14 days of trading

With the profits I made from Mrs Angela I started a trading account for my 3 sons with $3,000 each, last week was the second time she’s seeding payments to their bitcoin wallet. God bless her ❤️

$21,000 in just two weeks..Expert Angela Mae you are so amazing.

No. He would first ask how much income he makes and how much debt does he have not including his home lol

🤣🤣🤣

He would say sell the girlfriend and the car

What type of jobs did you work? Did your degree help you find jobs or do you regret doing it

He hasn't been going to class, he seemed like he was being honest in my opinion. I completely agree with you though lol third-year finance students should literally be able to build themselves a decent portfolio. Maybe he just wanted to hear what Dave had to say.

Textbooks aren’t exactly answering the question directly but he should atleast be able to know how to budget

Yeah! I agree with you sir.

If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.

That's very correct sir!! And that is why most of them end up losing they m o n e y to s c a m m e r s.

People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.

Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.

Making money is a lot easier through investment because investing often leads to favorable outcomes,the only reason you should save money is to invest wisely

@Kevin Kenneth i have lost investing with numerous rigid traders on here,I’m still trading and learning to improve my technique but in the end i need to establish a more reliable source to passive income through

@@solemlyn149 through my years of trading and research the most valuable insight was getting in touch with pro trader Wilson and getting to earn massively through her,she is a licensed broker,contact her i trust she’ll help you earn

Ellenwilson020@gmailcom,Tele gram Ellenwilson020

@@laisonherberts6107 this is a refreshing coincidence,I invest and earn through Wilson as well, usually I don’t leave comments but seeing you speak good of her on here has increased my trust for her

Eh?

@@justinacase2623 sorry?

@@cryptonewton2400 scammer

@@Ale-rx7bz thanks bro, I was stupid and decided to be an exercise major and am finishing that up, I was thinking about physical therapist school but after I found Dave I don’t want to anymore because I’d have to take out like 90K student loans. So I’m looking if there’s decent jobs I could get without a degree

@@Ale-rx7bz You have to be in a special PT assistant program to do it, I don't think I would be a good personal trainer and I think you have to get licensed for that also

@@Ale-rx7bz I will bro thank you

TJ, very doable! Keep in mind some places pay very well, while others it's ten bucks an hour. Not sure of your age, but go to your local 911 dispatch and apply as a trainee. If they say no, go to the next one nearest you. Willingness and ambition win out in any job.

@@justinacase2623 Yeah bro! I didn't get hired to the one I applied to! I was disappointed but after I graduate I can apply again and try to make myself more likely to be hired. I like medical stuff so I might try to become an associate degree Registered nurse also after i graduate

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

Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.

Lmao i can tell the bots by reading the first line

If you don’t mind me asking, what job are you working without a degree making 70k because I am 25 working 2 jobs and need sustainable income. I just need direction and school doesn’t seem like a great option for me right now.

@@brianthornton8781 call center and I own a small business

might i ask how did you get into your career? how much does it pay what’s ur plan investing etc?

Yes. This is so true. I am on my own for about a year now and I think about money different because I have to maintain on my own.

The pay sucks balls. Why do you think everyone gets on unemployment? Because it literally pays better than all these low wage, crap jobs for doing absolutely nothing!!

I put 23500 at 8% for 17 years it say you will have 87k at the end in an investment calculator?

Your numbers are really off... but investing and saving is no doubt the best way to build wealth :)

@@Andy-lr8qp no no. Adding $23500 additional dollars each year. At an 8% interest rate for 17 years. And I got that wrong It would be $18000 at 12%, $22000 at 10% or $27,000 at 8%

@@tysonkrehnke2835 oh I see now thank you

you don't have to, if you eanr good money and you invest it then you'll be wealthy in the future. Ofc a business can generate a lot of income in a short period of time, but it takes a certain type of character

@@sickkunt1573 yea,Now I am 20.I am also doing business