MILLIONAIRE EXPLAINS: How to be GOOD with money

Рет қаралды 82,755

Күн бұрын

After climbing out of $100k in debt and becoming financially free, I reflected on what being "good with money" REALLY means. Here's a brief checklist to see how you're doing. The good news is that you can start being good with money TODAY, because being good with money has more to do with the actions that you're taking on a consistent basis, rather than how much money you have in the bank.
**ATTENTION: I have a new Instagram and TikTok handle @itsrosehan **
That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.
TIMESTAMPS
00:01:00 - #1 Your net worth is moving in the right direction (up vs. down)
00:03:45 - #2 You're working towards the "Crossover Point"
00:05:50 - #3 You feel GREAT about spending money
00:08:42 - #4 You're financially prepared for (almost) anything
00:12:55 - #5 You can talk openly about money
__________
**THINGS MENTIONED IN THIS VIDEO! 👀**
💫 YNAB (budgeting app): ynab.com/referral/?ref=YkZbz4...
__________
**BOOKS I RECOMMEND 📚**
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
amzn.to/37N2adc
________
**MY FAVORITE MONEY TOOLS 🖤**
YNAB (I literally can't live without this budgeting app, so obsessed)
www.youneedabudget.com/?ref=Y...
Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
wise.prf.hn/l/413jE0q
Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
amzn.to/3Ne37jy
__________
DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
__________
SAY HI ON SOCIAL! 👋🏼
Website: www.rosehan.com
Instagram: / itsrosehan
TikTok: / itsrosehan
Pinterest: / itsrosehan

Пікірлер: 391

@itsrosehan Жыл бұрын

Would you like to see more budgeting videos from me? Hope you guys enjoyed this one 🖤

@user-pd9ju5dk5s Жыл бұрын

Thanks for the advice, Rose! My parents immigrated from third world countries so they didn't have all these financial knowledge to teach me.

@shgsr71 Жыл бұрын

great video Rose !

@willmallory9085 Жыл бұрын

Great topic!!!

@Nonduality Жыл бұрын

I feel that your strength is teaching. You've proven it in the financial realm and could continue in that direction. You could also educate us on anything else that interests you. For example, I believe your own version of "the law of attraction" would be welcomed.

@josephc28 Жыл бұрын

Great advice Rose! I really like the way you illustrate the crossover point. I guess you could say the crossover point is when you reach your fire number. For myself and probably many others who don't necessarily like their 9-5 jobs, the crossover point is what keeps me focused and motivated. I think about the old Johnny Paycheck song, "Take this job and shove it".

@BellaMecia Жыл бұрын

BUDGETINGGGGGG for beginners plz… I’ve never been good at this or found a method that works for me. My income is not high so I often get discouraged too, so something like this would be greatly appreciated!

@AdamGbl95 Жыл бұрын

All you do is find out all your expenses and goals, then categorize each expense and goal, then set appropriate amounts for each (and savings) you can do this through specific amounts or percentages (which makes the amount increase and decrease with your income)

@valwolve Жыл бұрын

Your content is straight to the point. I watched 2 of your videos and i loved them. I love content about how to handle money the wisest way. Keep making contents like this!!

@dustynn.9030 Жыл бұрын

That's a phenomenal reversal of money management Rose. I love your crossover chart! Your Awesome.

@1951Roy Жыл бұрын

Thanks for the money talk, always enjoy your talks. So clear.

@CandiceBee Жыл бұрын

The algorithm was looking out for me. Thank you for this video ❤️

@sandro-nigris Жыл бұрын

Wonderful video Rose! As always. Thanks for your wise suggestions. I'm also happy you are enjoying your moving house 🙂

@MaxDangerPower Жыл бұрын

I think a lot of it is discipline and mindset. One who lives well below their means will always be wealthy.

@rickylew23 Жыл бұрын

Great video! Croatia yacht week was fun, we went this year. Good job on having the strength to say no :) …and saving all that money.

@oliviab3807 Жыл бұрын

Love love love you’re Channel! It’s a pleasure to watch all your videos 🙂🥰💗

@mikejarrells431 Жыл бұрын

Thanks & good job! Awesome message!

@lifen11 Жыл бұрын

Great job Rose. I like the way you moved around the van while speaking. Nice adjustment.

@itsrosehan Жыл бұрын

Just mixing up the visuals to keep you guys engaged! Thanks for noticing 😎

@TraderChick Жыл бұрын

Jupiter is adorable! Congratulations on being free and the van life ❤️ enjoy!

@JoseRafaelFiguera Жыл бұрын

I love this video, welcome back!

@ChrisBanda Жыл бұрын

Fantastic video! A great refresher and milestone check point, thanks Rose!

@driftingintoretirement Жыл бұрын

Loving the balance of your channel Rose. Perfect 👍

@jenniferchen8630 Жыл бұрын

Great vídeo, Rose! More budgeting please. Thank you!

@BiesingerFIREJourney Жыл бұрын

Appreciate your financial knowledge and tips!! Definitely a good thing to plan for the unexpected with additional cash on hand 😊

@sylviageorge2287 Жыл бұрын

Budgeting. Thank you for sharing this Rose xxx

@dontaey3382 Жыл бұрын

Thank you for that awesome 5 point checklist, facts indeed

@KewlKat55 Жыл бұрын

Your hair looks so cool, Rose! :) Thanks for another great finance video! Yes, more budgeting videos please & thank you.

@eliethvazquez9576 Жыл бұрын

Missed your money videos but I’m also enjoying the variety of content.

@cvm5112 Жыл бұрын

I appreciately you honesty and the willingness to admit, I agree that's how we face problem.

@maglow6807 Жыл бұрын

Budgeting. Great video Rose!

@marchiolle Жыл бұрын

Yes, more about budgeting please thank you. 😘

@chelseachristenn Жыл бұрын

Yess to budgeting videos! Love your videos Rose.

@itsrosehan Жыл бұрын

Thank you!! So happy you love my videos 🥰

@digitaldevildog Жыл бұрын

Great tips and advice, thank you Rose!

@dspychalski 4 ай бұрын

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

@rodolfosantos3781 Жыл бұрын

Thanks for helping others with finance advice

@ceciliaruns72 Жыл бұрын

Wonderful video for young and "old!" I absolutely love budgeting! ❤️🥰

@loidamorales1451 Жыл бұрын

Yes please, more budgeting videos. Thank you :)

@alexisballard1459 Жыл бұрын

Direction not pace! Amazing i needed that

@sfromd Жыл бұрын

Excellent video as always, cool camper van

@Jeffh206 Жыл бұрын

Outstanding explanation of how money works!

@OneStopGuy Жыл бұрын

Thanks for sharing this 👍

@Shopwelle Жыл бұрын

You are an inspiration! Appreciate your content. I would be interested in budgeting and investing videos. Also idea on side hustles would be good.

@Parisian71 Жыл бұрын

If I may say something; GOOD JOB ROSE !!!

@hanadodd3059 Жыл бұрын

When I’m out of the right direction, I stop by here and redirect 😺 thanks Rose

@itsrosehan Жыл бұрын

I’m very honored to hear that ☺️ will keep doing my best!!

@itsjustchello Жыл бұрын

Thank you Rose, it's always great to see your beautiful eyes light up when you talk about money ;)

@aristotleaquino3067 Жыл бұрын

Good point on budgeting your money! I feel guilty all the time when I spend.

@pamhop5831 Жыл бұрын

Thanks Rose 🌹 👏🏾🥰🥰 Great content!

@outoftheblackintothelight 4 ай бұрын

Your videos are great. Thank you 🙏🏼

@ioanazamfirache8214 6 ай бұрын

You are amazing. Thank you so much for sharing this.

@lesbradley774 Жыл бұрын

Your knowledge and experience is very valuable. This video was savage ❤️❤️

@kimberlyrobinson1751 Жыл бұрын

Legit...super helpful information for those of us who need it!

@triathletenewyork94 Жыл бұрын

I loved your video today I just watched it and I always write things down when I get paid on what check goes to what bills and what I can save on that. But you brought some really good points that I need to work on and I’m definitely going to check out that app you suggested about budget thank you keep it going I really am glad I found your channel

@georgecampuzano Жыл бұрын

Great video. I am actually in a position net worth. I love your advice.

@celinejerries Жыл бұрын

Thank you so much for this info. You are a life saver. 😘

@SomnathMandal Жыл бұрын

So practical and nicely explained! I want to learn how Excel can be used to budget where I can feed in my daily expenses, income from salary, stocks, other investments and foreseeable expenditures, tax, etc.. like an individual's balance sheet..

@sd4830 Жыл бұрын

Rose, it's been awesome seeing your journey to financial independence. Really glad for you. I think you're helping people out quite a bit. Money isn't the end all be all, but it does enable choices. "Direction, not speed" is good advice.

@dspychalski 4 ай бұрын

@dinahjoysalazar1308 Жыл бұрын

I really looove this video, Rose! So sobering and inspiring at the same time. Take care always! 💕💕

@TheEmperorfonzo Жыл бұрын

My Girl Rose is a genius. Great info!

@alexprosper6148 Жыл бұрын

Great job with this video.. thanks!!!

@TonyMoze Жыл бұрын

Super awesome! Thank you, Rose!

@scottward1002 Жыл бұрын

Rose you are the best we love your content thank you so much keep up the good work and will keep enjoying what you do Namaste

@road2riches0 Жыл бұрын

I would love more Budgeting video plz!!

@fatherlucifer Жыл бұрын

i find you very inspiring. thank you for all the insight.

@jakeponce8412 Жыл бұрын

Budgeting video, Rose!

@lorraneb737 Жыл бұрын

Thank you so much!

@mansolo1756 Жыл бұрын

Great Video Rose!

@sadhanamishra6271 Жыл бұрын

Budgeting video pls..Thanks Rose for this great info

@gregprice7714 Жыл бұрын

You're an absolute legend Rose

@joecolon8197 Жыл бұрын

Excellent points and ideas.

@marwaelghamry7585 Жыл бұрын

Very important video..Thank you so much ❤️ 💖

@halliecook1029 Жыл бұрын

More budget video please!!!! Love your videos

@itsrosehan Жыл бұрын

Thank you!! You got it :D

@Budgetmeright Жыл бұрын

The envelope system is the only thing that worked for me. This way I have to actually budget for something if I want to buy it. Also paying your self first was key for me. We all work so hard, we totally deserve to save some before start paying bills and spending for variables.

@cliffdariff74 Жыл бұрын

I would say the first crossover point is when you get out of any credit card debt, except for a mortgage. Then just think long term when investing. don't buy liabilities, buy assets.. then you can reach the new FU cross over points that's all. Regular expenses are called "Fixed Expenses" (regular monthly payments).

@4sight719 Жыл бұрын

Rose you are a doll thanks for the videos. Love ya ♥️ 🥰

@marissaperozzi602 Жыл бұрын

Loving the new hair!

@Josh-pn4qb Жыл бұрын

Looking good Rose! Love the thumbnail pic!

@johngomes4278 Жыл бұрын

This is great 👍 thank you rose

@TheeKaroolyne Жыл бұрын

Thank you so much for all of this :) this is info I needed in my life and better late than never! I have much to do, but I feel more confident now thanks to you

@Mybody4life Жыл бұрын

Golden advice.

@bitehunter122 Жыл бұрын

Excellent video!

@alfredomunoz8361 Жыл бұрын

love your vids!!

@itsrosehan Жыл бұрын

Thank you!!

@animaldonut Жыл бұрын

We appreciate all you do to help us all become good with money!! 🏆😁 Thanks for the 5 point checklist! ✅

@user-zf1ol7op7y Жыл бұрын

All solid points. What I also believe which is less understood is that you attract what you give energy to and money is no exception. You have to exude positive energy to get positive results. Thinking about a empty bank account won't attract money but thinking about having money so you can help others in need is powerful catalyst when done properly. I've experienced it firsthand in my life and although I don't currently have millions of dollars in a account somewhere I do have more than enough and no lack in my life. THAT is wealth vs riches which is just an amount.

@Mluna792 Жыл бұрын

Love your videos. One day at a time too financial freedom!

@no120992 Жыл бұрын

i love this new hair color rose!

@Arielleoo Жыл бұрын

Awesome video!

@_Urahara_Kisuke_ Жыл бұрын

Love your sharing!

@ricardotomaz8217 Жыл бұрын

Thanks Rose for bringing great material. I appreciate it.

@amarantac2906 Жыл бұрын

Thank you Rose🤩

@kishaanderson2947 Жыл бұрын

At first I thought the video was a book review from the title. There is a fiance book pretty recent from The Budgetnista, Tiffany Aliche. Your 5 points are wonderful advice (per usual), especially point 3 for me. Thanks so much.

@Yuru616 Жыл бұрын

Can you share more about budget? Especially how to use the budget app? Thx

@joeshmoe781 Жыл бұрын

I reached that cross point at 41 or 42. It felt great. But then I was bored out of my mind so I took a job as an actor to keep myself busy during the day. I would have been better off starting a small business. Which, later I did. No matter how rich you are and how many assets you have one still needs a reason to awake in the morning.

@itsrosehan Жыл бұрын

💯

@smann7236 Жыл бұрын

What small business did you start?

@rajeshravindran Жыл бұрын

Your videos are super cool...love them 😍

@christineshannon7902 Жыл бұрын

Hey Rose!!!

@hermanlighthall3972 Жыл бұрын

Rose you're wise beyond your years (you must have a old soul) You advice is on point (keep up the good work (you bowl full of joy you😊😊❗❗)

@miamor9822 Жыл бұрын

Budgeting!! ❤️

@jessicadangelo9683 Жыл бұрын

Please do a budgeting video!

@kingston_vasq Жыл бұрын

Rose!!! If your ever in South Padre Island , Tx in your journey, would love to get a coffee♥️

@rioapril7045 Жыл бұрын

Would love to see more videos on budgetting

@raymondcunanan1135 Жыл бұрын

I just thought of you and here you are with a new video 😱😱😱

@carlalaporta8263 Жыл бұрын

Wonderful video thank you

@lissettemendez7618 Жыл бұрын

Budget videos please! Thank you for this video.

@itsrosehan Жыл бұрын

You’re so welcome, happy you liked it!! More budgeting videos on the way 😊😊

@CALIFLOWS Жыл бұрын

Such valuable information

@TheForexApostle Жыл бұрын

I appreciate this video, this is helpful for everyone who wants to start their trading and investment career. Thanks Rose!

@elizabethdurden2824 Жыл бұрын

I wasn't sure I would love your new videos once you changed where this channel was headed but I ABSOLUTELY love each and every one. Enjoy your journey and thank you for sharing with us!!

@itsrosehan Жыл бұрын

That means so much to me!!! Happy to be on this journey with you!