10 personal finance lessons that changed my life

💬 Comments on the video

The stock market is still one of the most potential places to invest your money, if you can manage the risk then you can take advantage of the stock market to secure your financial position and earn money.

Author — Andrew's Trading Channel

When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.

Author — Emily Davis

I will forever be indebted to you, you've changed my whole life and i continue to preach your name to the whole world to hear you've saved me from a huge financial debt with just little investment, Thanks so much Mrs Paula David.

Author — George Heyden

Being financially free is a goal for many people. It generally means having enough savings, lnvestments, and cash on hand to afford the lifestyle you want for yourself and your family. Historically there has been no better way to grow your money than through investing. I grew to a 7 figure mark well-diversified portfolio having exposure to different prolific lnvestments

Author — C.K

All good tips! I’ve been debt free for a month now and it’s so liberating. Personal finance and credit usage needs to be taught a lot more in school

Author — David Gauthier

The video starts at 1:35 and here, i summary the video to save you from spending 10 minutes of watching general tips and ads:
1. Income isnt eveything. Pay attention to your expenses. That is the most important.
2. Diversify your income. Have a different source (e.g. side hustle)
3. Invest in yourself. Learn something, spend money to make money (e.g. good education, good equipment)
4. Say yes to everything.
5. Move in with your parents. To cut your rent expense
6. Stop buying crap you dont need (e.g. expensive cars, clothes)
7. Track the important stuff. Know your progress and financial situation.
8. Read one personal finance book a year. Just to make you updated on new things
9. Cull your thing. Filter the information you saw on internet
10. Celebrate your progress. Celebrate your milestone to give you motivation to keep going.

Author — M P

The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to mrs Josphine leela. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits

Author — Smart Nelson

When you are still a student, go abroad for a student exchange. In addition to so many other life lessons, it will also teach you to live happily with no more stuff than can fit a suitcase. You will learn what you really need, and what is just extra.

Author — Sami Paju

Lifestyle creep, yes, you should not inflate your lifestyle, but items that have been on the wishlist for months or years, a vacation that you dreamed of, you totally should spend that money to reward yourself. Putting all your extra cash into the investment to compound savings is good for retirement, but spending money in your 60s is never as exciting as spending them in your 20s-30s. DON'T be too harsh to yourself, paying for a reward is the same as paying for your mental health. You just need to control how much you actually spend.

Author — hentie

Thank you for saying Lesson 5! All the cool kids don't want to do it or admit it but living with your parents is a smart move financially. We live in a diff generation than before. As long as you are moving forward in life then there shouldn't be any shame associated with that.

Author — Jason Ng

Loving this video!
Point 5 - Hello! 👋 Aged 39 and I moved back in with my mum in order to start a new career. At first, I felt a little ashamed of doing this, but the reality is wonderful. Spending time with my mum after many years of being 'busy.' She is very supportive of my goals and my rent is cooking lunch and dinner every day (which I love!)

Point 6 too - yes! So easy to look for crappy purchases to bring joy to life, when in reality it's just the thrill of the purchase and delivery, then the object sits in the cupboard gathered dust.

Fab video, thanks for the reminders 🙌🏼

Author — Laura Try

“Everything in life is easier when you don’t concern yourself with what other people are doing”
Hope you have a good Monday 💜

Author — Sacda Abdurhman-Personal Growth

Don't forget that you can always rent your books from the library, instead of purchasing them right away!

Author — Mrs.Pandemic Honeymoon

10 lessons in 10 minutes, wow! The pace of this video is perfect, I can see why you've launched a Master YouTube course. Peace to all ✌🏼

Author — Daniel Lalewicz

1 2:35 - Income isn't everything
2 3:49 - Diversify your income
3 4:35 - Invest in yourself
4 5:34 - Say yes to everything
5 6:03 - Move in with your parents
6 6:46 - Stop buying things you don't need
7 7:18 - Track the important stuff
8 8:12 - Read one personal finance book a year
9 8:43 - Cull your social media feed
10 9:17 - Celebrate your progresses

Author — voyager

Highly recommend 'The Barefoot Investor' and glad to see Matt does too (in the description). This book kick started my transition from paycheck-to-paycheck to opening up world travel and the beginnings of financial security 🙏

Author — Dominic McBride

Love this! Just paid off my coding bootcamp's loan two months ago, and now I have two gigs at the same time which pay handsomely. My first long-term goal is to purchase a house, because yes rent is so damn expensive!

Author — Mochammad Husni Rizal

Thank you for this great video! I have been contemplating what I need to think about and do to get started with obtaining my financial stability. You have armed me with good information and tools to move toward my goal.

Author — Yarn Philosopher

Me personally when I worked long ago I had my check broke in 25% went to another banking account that was a savings

Quit the job years later out it all
Being smart or not at the time I. Tesla when it was 259 a share
Now it’s 1200 ish
Love the advice out it aside and forget about it or make it forgettable such as divided salary payouts
Most jobs can do it

Author — Endless Travel

I’ve just started “no spend November, ” to be followed by “don’t spend December.” I am debt free and live a comfortable, minimal life, but challenging myself makes me more mindful of my spending. Great video!!

Author — LeMErin21