15 Personal Finance Lessons Everyone Wishes They Knew Sooner

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  • Опубликовано: 2 окт 2024

Комментарии • 289

  • @alux
    @alux  21 час назад +6

    Hello Aluxers! For number 16….what do YOU wish you’d learnt sooner?
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    • @Tiaffo
      @Tiaffo 17 часов назад

      I wish I learned earlier the value of relationships and reputation.

  • @Russelbobby45
    @Russelbobby45 9 часов назад +43

    The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

    • @AlbertWillie628
      @AlbertWillie628 9 часов назад

      Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

    • @BradleyRaiph
      @BradleyRaiph 9 часов назад

      It is remarkable how much long term
      advantage people like us have gotten by trying to be consistently not stupid,
      instead of trying to be very intelligent.

    • @TheresaDiana12
      @TheresaDiana12 9 часов назад

      The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @RandyVincent808
      @RandyVincent808 9 часов назад

      Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?

    • @AlanJuan52
      @AlanJuan52 9 часов назад

      Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

  • @TomTahk-fn6si
    @TomTahk-fn6si 20 часов назад +42

    *Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*

    • @Aldanelvillanueva530
      @Aldanelvillanueva530 20 часов назад

      VENTURING into the trading world without the help of a professionals, trading and expecting profit is like turning water into wine you would need a miracle...

    • @LeslieDcobbs-of7ie
      @LeslieDcobbs-of7ie 20 часов назад

      GOOD CONTENT !!! Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way . Business and investment

    • @StevencrookRecovery
      @StevencrookRecovery 20 часов назад

      Experted Judy Arianna was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Judy Arianna.

    • @HeatherAnabelle
      @HeatherAnabelle 20 часов назад

      The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.

    • @ChimaobiIkechukwu
      @ChimaobiIkechukwu 20 часов назад

      Wow. I'm a bit perplexed seeing Judy Arianna. name been mentioned here also. Didn't know she has been good to so many people.

  • @Ellychannel79
    @Ellychannel79 21 час назад +28

    I wish I knew sooner that student loans were a huge mistake.

    • @thatswhatuthought
      @thatswhatuthought 20 часов назад +2

      Me too!!!

    • @urimsylejmani4607
      @urimsylejmani4607 20 часов назад +1

      If u would finish university in Kosovo you would have no student loans❤

    • @miguelangelramirezchavarri3801
      @miguelangelramirezchavarri3801 17 часов назад +3

      I think it's a trap, because the jobs don't pay you back what you invested in your degree.

    • @Agentxile
      @Agentxile 16 часов назад +1

      My first 'real job' was inside a bank's graduate student loan department. Seeing people borrow upwards of $200,000 (long ago) made me cringe. The fact that repayment was deferred made it obscene. I felt bad sending past due notices. I left after six months.

  • @Sumit-g1q
    @Sumit-g1q 20 часов назад +11

    All rules are good. In addition to these rules I wanna add one more rule which I follow- ‘If you can’t buy it twice, Don’t buy it.’

    • @MoneyOverEmotions
      @MoneyOverEmotions 17 часов назад +1

      I pointed that out in one of my videos. That's when you can AFFORD that purchase. 💯

    • @supremevision631
      @supremevision631 14 часов назад

      I got one…just because you can afford it doesn’t justify buying it

  • @Master0fHyrule
    @Master0fHyrule 21 час назад +20

    Don't buy art. Stocks are safer.

  • @dinisluis76
    @dinisluis76 13 часов назад +50

    Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

    • @crystianadazi
      @crystianadazi 13 часов назад

      Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

    • @elizabethnikki
      @elizabethnikki 13 часов назад

      If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.

    • @porter-y8p
      @porter-y8p 13 часов назад

      ​I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
      Highly recommended

    • @jackadalson
      @jackadalson 13 часов назад

      Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people

    • @madisonaaric
      @madisonaaric 13 часов назад

      ​I'm also a huge beneficiary of her..
      I thought myself and my family were
      the only ones enjoying Fenella
      trade benefits

  • @Devanreavesrealty
    @Devanreavesrealty 19 часов назад +10

    The partner you choose can be your greatest asset or your greatest liability

  • @jaybirdie.0777
    @jaybirdie.0777 19 часов назад +13

    Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets. I wish everyone reading this the best of luck in achieving success!

    • @JoakimPaurell-z2e
      @JoakimPaurell-z2e 19 часов назад

      You're right

    • @JoakimPaurell-z2e
      @JoakimPaurell-z2e 19 часов назад

      Starting crypto trade was the best decision I ever made

    • @HunterWeldon
      @HunterWeldon 19 часов назад

      speaking of crypto trading I know I am blessed if not I wouldn't have met someone who is as spectacular as mrs Caitlin albrecht

    • @HunterWeldon
      @HunterWeldon 19 часов назад

      The very first time i tried, i invested $2000 and after a week, i received $19000. That really helps me a lot to pay up bills

    • @DoroDeejarh
      @DoroDeejarh 19 часов назад

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

  • @perla8888
    @perla8888 7 часов назад +2

    I wish I had started a business sooner. I am currently in the process of starting my first business, and I am scared but super excited at the same time!

  • @DanielLaurencin
    @DanielLaurencin 20 часов назад

    16 What I wish i learn sooner is
    never ever talk about your deepest self, with anyone. if you do that then they will like you now, but overtime they will look at you as a boring person that is not interesting anymore or they will look down towards you especially when you trying to open up it might feel like your reputation is affected, and it will be a little harder to move forward if everyone knows who you are.
    the truth is if you leave in a small country people will talk a lot witch is not good for anyone that is trying to keep they lifestyle a secret, as they are bettering they self secretly, in other to leave the life they dream of leaving in the future when they are moving forwards secretly. or they have a clear reason why they want to isolate they self from others badly

  • @flora8525-y6k
    @flora8525-y6k 11 часов назад +4

    *Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*

    • @flora8525-y6k
      @flora8525-y6k 10 часов назад

      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.

    • @WillPerry-b7r
      @WillPerry-b7r 10 часов назад

      Interesting! But I'm new here. How can I get to this person's guidelines??

    • @flora8525-y6k
      @flora8525-y6k 10 часов назад

      She mostly interacts on Telegrams, using the user-name,

    • @flora8525-y6k
      @flora8525-y6k 10 часов назад

      Marypete79💯..that's it

    • @MuchParrill
      @MuchParrill 10 часов назад

      She's the best honestly I'm also a beneficiary. This inflation has taught people the importance of multiples income investment

  • @codegreenie3429
    @codegreenie3429 21 час назад +5

    I got here SOONER to learn SOONER

  • @Agentxile
    @Agentxile 16 часов назад +1

    I wish I knew how to purchase real estate right after college. I don't mean a general guide like, find a property, apply for a mortgage, and go to closing. I'm seeing way too many generalized books these days. I wanted information on the same level as if I was getting a real estate license.

  • @adocuric9154
    @adocuric9154 21 час назад +1

    Funny. Some of people say save your money for bad times and if you do that other people say if you save your money it will lose his value later. If you invest and if other people who save their money don't buy anything you will not get wealthy. 😂

  • @lindaweedmark6025
    @lindaweedmark6025 20 часов назад +1

    Please do one on pulling your life out of the fire at age 65. I need to know what is still good to do such as investing or opening a savings account.

  • @TataLinoNetwork
    @TataLinoNetwork 20 часов назад +1

    I wish I knew how love works earlier in life. Now I'm stuck with a partner which I thought I love but is now just a liability.

  • @andreipopleaca1608
    @andreipopleaca1608 21 час назад +3

    Never forget to enjoy life, you only got 1

  • @Everest-mp8wr
    @Everest-mp8wr 15 часов назад

    Number 16 thanks to Rich Dad Poor Dad I wish that I had learned sooner that you don't have to be rich to escape the rat race, but only need enough money from assets to be equal or greater to cover your expenses. For instance if you make $20,000 a year and your annual expenses are $10,000 a year then your assets don't need to make you $20,000 or more, but just $10,000 a year or more.

  • @cindyvan7570
    @cindyvan7570 20 часов назад +1

    I wish I had learned to take better care of my health by managing stress better.

  • @Bluthdon
    @Bluthdon 12 часов назад

    #16 Follow the Gold and Rule (especially for younger investors)
    As long as you're not stupid with money buying meme stocks and shit coins, you can afford to buy the dips in blue chip stocks/ ETFs/ Index Funds and largely ignore them for X years

  • @sharadsinghi8543
    @sharadsinghi8543 15 часов назад +1

    Invest in your health too as then u will be able to enjoy your finances later in life too

  • @kristianvepsalainen1746
    @kristianvepsalainen1746 3 часа назад

    If your native language is small language (for me Finnish) learn two big language as fast as possible. In Finland, English is mandatory in school but other big languages like Spanish or Frensh are volantery.

  • @somerandomfella
    @somerandomfella 21 час назад +2

    Alux lady will never understand why men love their cars 😔

    • @beechoudhury8484
      @beechoudhury8484 19 часов назад +1

      She did say, if you can afford it, buy it. But nobody else cares as much about your car as you do.

  • @duskcannysnap616
    @duskcannysnap616 18 часов назад

    No 16 ?. Treat money like a stepping stone, learn about it, grow it, use it , invest it, master it , control it , benefit from it, do good with it ( The earlier the better ! )

  • @LikeYourOwnComments
    @LikeYourOwnComments 15 часов назад +1

    "CHECKINGS ACCOUNT?"
    YOU MEAN "CHECKING ACCOUNT"?

  • @LikeYourOwnComments
    @LikeYourOwnComments 15 часов назад +2

    I wish I knew years ago that I am a god.

  • @KláraMaškov54
    @KláraMaškov54 15 часов назад

    While these personal finance lessons are worth considering, I wonder how many people actually apply them. It’s easy to say what we should do, but putting it into practice is another story. Which lesson do you think has the most impact?

  • @Artfullycurious
    @Artfullycurious 12 часов назад

    That people’s patterns speak louder than their words. How you do something’s is often how you do everything.

  • @Helena-ou8ry
    @Helena-ou8ry 21 час назад

    You can lower your expenses drastically by sharing things, be it rent, a taxi, food costs or sports equipment.

  • @JonathanBgx
    @JonathanBgx 16 часов назад

    It's easier to appreciate entertainment content than educational content.🤔
    Nowadays, it seems like our brains need more effort to concentrate and enjoy good educational content on the internet, even if we know it will make us grow 😅 compare to watching entertainment and funny content.

  • @mysticaltyger2009
    @mysticaltyger2009 11 часов назад

    10:00. I know several people like that 70 year old broke woman in shared housing and scraping by, both male and female. It's not a pretty picture.

  • @danielnolley6684
    @danielnolley6684 20 часов назад

    I wish learning more of having a long-term view and losing the get rich quick shiny object syndrome earlier.

  • @jedidiahwhite3604
    @jedidiahwhite3604 15 часов назад

    I wish I knew sooner that life is a journey it's not about the destination it's more about the road you took to get there

  • @Z3ro42
    @Z3ro42 11 часов назад

    Even best friends who promised to pay me yo no 15 was the only mistake I was a victim of numbers of time it was risky but now no longer

  • @auro1986
    @auro1986 3 часа назад

    narrator says you all need to personally watch 15 videos in alux channel daily so that wish of alux channel to increase finances become reality

  • @ObogheneAkpoarherhe
    @ObogheneAkpoarherhe 18 часов назад

    This video came at the right time. I just blew 70k and learnt the hard way that I don’t have financial wisdom 🤧.

  • @lilywood8266
    @lilywood8266 18 часов назад

    Wish I knew earlier that it doesn't get easier to save in the future unless you are able to save from where you are right now.

  • @slaughterking5625
    @slaughterking5625 18 часов назад

    Alux are the best fingers crossed 🐋🤞🏻🤞🏻🤞🏻🤞🏻🤞🏻👌🏻👌🏻💯💯

  • @ajokeoladeji4871
    @ajokeoladeji4871 4 часа назад

    Only lend money to people, if you're okay with them not paying back. Many a relationship has been lost in the land of unpaid loans

  • @MGTOWmademeMillionaire777
    @MGTOWmademeMillionaire777 17 часов назад

    #16- i wish i knew about mgtow younger.
    I'm 36 now, but i wish i knew it since school
    Luckyly im single and no kids ❤❤❤

  • @bishopdon3641
    @bishopdon3641 16 часов назад

    i wish i knew sooner to work for a profit over working for wages

  • @supremesancho5009
    @supremesancho5009 19 часов назад

    A car is an expression of self ma'am you wouldn't understand not all good cars are expensive but they can be

  • @tombradykobebryant2179
    @tombradykobebryant2179 19 часов назад

    I love your voice Ms queen...fuck who dont like it

  • @garyjust.johnson1436
    @garyjust.johnson1436 13 часов назад

    The difference between Volunteering my time for a good cause and getting used for Free Labor.

  • @cjrealestate-4159
    @cjrealestate-4159 6 часов назад

    Number 16.
    Malachi 3:10- Bring back the 10% to God. Then the heaven will open to poured out more Blessings!

  • @andyhyde6222
    @andyhyde6222 21 час назад

    16...invest my money sooner in stocks safer than the so called get rich quick schemes.

  • @mohamednanji6705
    @mohamednanji6705 2 часа назад

    You wish you’d have known sooner that PRAYING leads to success 😅

  • @albertjanderson
    @albertjanderson 17 часов назад

    How to save money and don't touch it.😅

  • @marcussmith7534
    @marcussmith7534 15 часов назад

    Alux lady is hilarious 💛

  • @Omonike88
    @Omonike88 11 часов назад

    I wish I'd learned to become debtfree sooner.

  • @mrblue21974
    @mrblue21974 6 часов назад

    Compound interest.

  • @gabrielchaong
    @gabrielchaong 12 часов назад

    I am attracted to Master Work..

  • @olly2027
    @olly2027 12 часов назад

    You have to spend 50 dollars every time, just to get three dollars back.

  • @thakurtimmy8624
    @thakurtimmy8624 6 часов назад

    Thanks aluxes lady u r awesome 👌 👏

  • @Itsalldream
    @Itsalldream 19 часов назад

    I wish they had more realistic AI voice sometimes this kind of video is boring to me, there’s no emotions it’s very robotic 🤖

  • @thriveatworkwithWaqasMalik
    @thriveatworkwithWaqasMalik 20 часов назад

    Depend on yourself

  • @RicardaWindsheimer
    @RicardaWindsheimer 14 часов назад

    These are very valuable rules 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 $89k now to put in the market.

    • @SarachiWowa
      @SarachiWowa 13 часов назад

      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.

    • @noahbeaufort
      @noahbeaufort 13 часов назад

      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.

    • @JaneBlac-
      @JaneBlac- 13 часов назад

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @noahbeaufort
      @noahbeaufort 13 часов назад

      “Stacy Lynn Staples” 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.

    • @GersderaNioer
      @GersderaNioer 13 часов назад

      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.

  • @albertsimpkins6664
    @albertsimpkins6664 19 часов назад

    How to say No !

  • @chanman121392
    @chanman121392 3 часа назад

    Lmao. We allll can tell that the narrator is a hater towards people with luxury cars. Not only is the advice here not practical but you also need therapy whilst suggesting others need therapy. With that being said I gain soooo much value from this page my comment here is just 1% of the bad advice I get from this page. The other 99% is gold nuggets. Btw the audience here are likely healed people and we can all tell you’re a hater with your luxury car story.

  • @n3lz0n888
    @n3lz0n888 8 часов назад

    never trust anyone...

  • @JSFGuy
    @JSFGuy 21 час назад

    What time

  • @JamieChackumkal
    @JamieChackumkal 5 часов назад

    Good info

  • @jaypal3815
    @jaypal3815 18 часов назад

    Love your voice

  • @careyamani117
    @careyamani117 16 часов назад

    Great 👍🏾

  • @javaidak4204
    @javaidak4204 21 час назад +1

    😂🎉 you have beautifully said it all ❤

  • @jet-productions1892
    @jet-productions1892 21 час назад

    Owwkk

  • @williampritchett6382
    @williampritchett6382 21 час назад

    First

  • @scintillatingsheeba
    @scintillatingsheeba 19 часов назад

    16:00 👍🏼 #1 💯% TRUE 👍🏼

  • @GovernedChair93
    @GovernedChair93 17 часов назад

    look at mcdonald founder he was an old man so yes its never too late