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7 Places Your Money Needs To Go (Save Money Fast)

Humphrey Yang 1 views

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What is up guys!! Hope you enjoy this video Make sure you're subscribed! Getting close to 1M :)
Comment from : @humphrey

In the UK it's better to have a private pension as the government will top up any contributions you make by 25 They don't do that with workplace pensions
Comment from : @PositivelyMyrdd

UK is the worst example for public pensions Peanuts
Comment from : @kyriakoskitsios

These are solid suggestions! After reading The Secret Doctrine of Wealth, I started focusing more on investing in things that actually grow my money, rather than just saving
Comment from : @Aurelijegas

I keep all of the coins I get in a wooden treasure chest This has helped me survive when I was unable to work for 9 months
Comment from : @nobodyxx560

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10 Please what could be my safest buys with $400k to outperform the market in 2024?
Comment from : @KennedyVerbruggen

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
Comment from : @TerriVess

Thanks, Dave!!
Comment from : @PaperGrape

Ion know how much you all are getting payed but my $30K is not making it through 7 steps ☠️
Comment from : @6gayratsinatrenchcoat

Minimum payments with a little bit extra, like $10, to eat off of the principal
Comment from : @kingthame

I put green celery ends in tap water to keep them fresh and there's so much chlorine in the water they turned white : /
Comment from : @NancyJ238

I have 35 of my capital investments in an IRA, 25 in index funds, and the balance spread across other investment accts totaling over $250k I took a big hit in Q2, 2023 Right now i am just looking for ways to recover in 2024 and pay off my mortgage before another economic crisis rolls around
Comment from : @ChristopherAbelman

very unfortunate that so many of these comments are so clearly bots
Comment from : @joseph6855

28 yr old I’m so glad I’m watching this video walking into my 30s it’s still time 🙏🏿💪🏾
Comment from : @deontalaw2

SCREW CREDIT! If you cant pay for it right out or in installments directly, dont borrow Debt is prison
Comment from : @queunlimited4779

You need 2 million to retire in America Good luck people Oh, the dollar and the United States will be much different concepts in less than two years--wake up sheep
Comment from : @jkgkjgkijk

About paying tax before or after in the Roth IRA - isnt it better to pay after to make the taxed portion grow exponentially along with the rest?
Comment from : @JensBertilsson

No no 401k is money trapped I can use when I am almost dead
Comment from : @derek_the_great7455

Imma work til I die, the American Dream!!!
Comment from : @hueynewton3877

Lives like a running a business I like that
Comment from : @dmell5894

Step one is never debt Shelter and food first
Comment from : @lelebella3252

Unfortunately after step 2 the money is all gone for too many of us
Comment from : @burton3516

At 18 yo I started an IRA, contributed at least the minimum employee match to a 401K, and did the needs vs wants I retired at 59 yo
Comment from : @ruthbraden-l6h

This guy is smoking Crack for the normal person is probably living pay check to pay check and groceries are off the hook
Comment from : @davidwilfong5820

This is all in the hope that the American Empire, along with its dollar, doesn't crash harder than Paul Walker Your money will mean nothing when it's worthless
Comment from : @volkoff6357

Unless you are santa 🎅
Comment from : @ahmadadnan4257

At 23 my buddy told me 401k isn’t important and I withdrew all $2k from my Boeing 401k plan 😢
Comment from : @NormZGarage

Actually, there are at least three methods to pay off debt: avalanche, snowball, velocity banking The third option is amazing for those without a serious spending problem who want to fast-track high-interest debt payoff
Comment from : @quingofcozycastle

Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation
Comment from : @JimmyAAlvarez

What happened to PAY YOURSELF FIRST rule?
Comment from : @whateverman2734

I prefer 20 leg parlays
Comment from : @JarvizR6

ive been trying to find videos that makes sense to me and the dave ramsey show is so out of touch that this video is a breath of fresh air of what actually is occuring
Comment from : @mikaylal3117

until i reach step 3 my salary is already gone 😭
Comment from : @AmAnKumAr-tg4fy

Isn't a credit card emergency fund 😂
Comment from : @SimoneShaw-fy2zm

Swap one and two 😂
Comment from : @SimoneShaw-fy2zm

Who has a 9-5 income 😂
Comment from : @SimoneShaw-fy2zm

I had problem comprehending trading in general I tried watching other YT trading channels, but they made the concepts more complicated I was almost giving up until when I discovered your channel I love the way you break down the content and explain everything in detail The videos are easy to follow
Comment from : @patriaciasmith3499

The rent, the gas and light, the phone, car insurance car gas and food They no longer give the option to save, but to go get a second and third and sign life away with a 4th job
Comment from : @CrazyFilterLadyEntertainer2023

What platform can you recommend for investment ?
Comment from : @dannicedro2513

I love your videos so much! The way you talk about personal finance, budgeting, investing, etc is very inclusive Some people in the youtube finance space are so out of touch with the average person
Comment from : @VanessaCarter-d3f

The second he said your essentials should be less than 50, i knew this video wasnt for me
Comment from : @FirstManDead

Ideally your debt payments and basic needs will consume less than 50 of your gross monthly income So essentially this video is for rich kidsbrbrHousing alone is usually near 30brbrHow about making a video for real people with real struggles next time?
Comment from : @sebastianruiz911

Something to think about for people in the USA using a subsidy from the healthcare marketplace If you are considering adding a "side hustle" that reports and files taxes, not like walking your neighbours dog or something you have to go in and notify the marketplace and either start paying more on your health insurance or choose a less valuable insurance option Otherwise you will probably end up owing taxes at the end of the year I was burned in the past
Comment from : @sassysuzy4u

When your rent is nearly 80 of your paycheck Something is very wrong
Comment from : @CleverCheetah

Is there an option for an IRA if u make more than the max income to have an IRA?
Comment from : @jacobdavies654

Belive it or not im watching from costa rica Great video, thanks
Comment from : @bryanbolanoschaves5138

rent and food in my country take 90 of income (if you live alone)
Comment from : @HejlDavid

I’m 45 years old and have 0 savings and 0 investments, it’s too late for me to, plus I don’t make that much money
Comment from : @collectiblesnrandomstuff544

Love that crypto is still seen as “risky”
Comment from : @CJLovelaceCrypto

What about us Americans living abroad?
Comment from : @sircarek

Uk government gives people over 65 £900 pounds a month I'll live off that 😅
Comment from : @michael10662

This is a really awesome video I’ve seen how debt can put people’s lives on hold, and that is something I absolutely 100 want to avoid I’m 18 and have been building my credit for a while Only using credit for gas is a great way to safely do this I’ve been setting aside every penny that isn’t used for food, rent, and car stuff like insurance and gas Definitely want to save save save and buy my first rental property at some point using that saved money that I’ve invested into mutual funds
Comment from : @mwaexll6408

Can you only open a 401k if it is sponsored by your employer?
Comment from : @avacotter2137

Hi
Comment from : @IceBreaker-bp7fi

Appreciate you Thanks for the info
Comment from : @mrchamp8921

I pay me after my uncle get his cut 😝
Comment from : @samanthalake5011

I completely agree
Comment from : @FinanceonAi

I have a important question Would you want to put money towards a emergency fund first or put it towards paying off debt first?
Comment from : @spartanelite2486

I completely agree, The first $100k was the toughest, and I didn't really start seriously investing until I was 30 back in 1998 Today, I'm 55 and have a decent $32Mbrnest egg, thanks to the careful supervision of my CFPbrAfter learning all of this, my only regret is not starting earlier when I was 25 It may not seem like much but those extra 5 years are the most important
Comment from : @RheaJohnmark

I like that you translate financial terms considering all continents
Comment from : @faith-uk4xs

Ramsey revisited
Comment from : @union310

Thank you for all your videos I'm your new follower and fan Do you know any good monthly budget app (tracking expenses)? Thank you
Comment from : @1973inoue

Imagine that your hours get cut, you get laid off, you have to take emergency FMLA, or go on disability and this guy tells you to pay your student loans and credit card bill BEFORE YOUR RENT AND FOODbrLmaooo
Comment from : @kiLLinEmSoFTly

The rich people's pockets
Comment from : @kingkey5427

To enhance our long-term investment mix, my partner and I are introducing a range of stocks and ETFs We've committed $220k initially, with a particular emphasis on inflation-protected bonds and businesses demonstrating robust cash flows I see potential for enduring growth in the current market, yet I'm also keen to explore strategies for generating short-term gains
Comment from : @brianwhitehawker1756

By listening to you, it is clear to me that Dave Ramsey is 100 right, and that is why his net worth is over 200 million Let’s keep listening to Dave’s advise
Comment from : @cafetero7778

I would rather follow the Ramsey plan Check it out
Comment from : @cjdebruyn007

Good vid I like it👍🏻
Comment from : @jackbrooks1252

I live in the UK I started from 0 when i was 20 Im 27 now, and I want to start investing properly I appreciate your videos a lot Hopefully, I will set up an ISA or something soon!
Comment from : @TheAl2kas

Investing 10-20 in into employer sponsored roth 401k and have over 3 mo expenses saved Time for a newer car, no more beater, lets hope (i say this as stealerships want thousands above MSRP and/or private parties think 80 of msrp for their 10 year old car with 120K miles is acceptable)
Comment from : @lukas______

Get rid of cable tv live in a small condo if you have extra money buy a small trailer in the mountains by a lake staycations eat at home mostly Starbucks should be a treat and buy just small black coffee at Starbucks eat eggs be creative with egg recipes if you eat meat small portions
Comment from : @LarsPop-Tartus

Necessities need to go first, debt second This appears to be in order of priorities, but I strongly disagree with debt first, food, water, utilities and shelter second
Comment from : @asoggyburger479

I’m under pressure to grow my reserve that currently holds about $500k I’m down by 20 already following the crash and i fear i could lose more
Comment from : @bengonzalez7777

Food rent dreaming
Comment from : @xys7536

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them We can get by, but can't seem to get ahead My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
Comment from : @MaryOlson7

BRUH im glad i found your page by far most direct oinvesting and finance ive seen for the average person you keep it dumbed down enough for anyone to watch i feel like i am watching a live action of investing for dummies i really appreciate your videos i gotta binge watch know THANK YOU
Comment from : @jonathangonzalez907

Me trying to figure out when I’m gone eat😭
Comment from : @jeffersoncoe5590

Is a Roth IRA good too?
Comment from : @jahedahad2004

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies I would greatly appreciate any suggestions
Comment from : @nicolasbenson009

I love the visual flowchart and colour code charts helps me understand the Maths THANK YOU times a million 😘xoxo
Comment from : @nataliefreeth8924

if you use a roth ira you can borrow from it without taking a penalty fee
Comment from : @cadenbanke7544

The snowball is much better for increasing the credit score
Comment from : @poisonlady1965

7 places my money needs to go Rent, electric, phone, groceries, internet so the kids can do homework Oh shit, all out of money
Comment from : @adamrushka8096

If you're contributing to step 4, 401k plan, and have not max your contributions, you should not move to step 6, contributing to a Roth IRA, correct?
Comment from : @salinanguyen2212