How to Manage Your Money So You Never Go Broke

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  • Опубликовано: 25 дек 2024

Комментарии • 573

  • @ElAgustin
    @ElAgustin  Год назад +79

    What are your creative ideas to make money outside a normal paycheck?

    • @Savannah-ed4rv
      @Savannah-ed4rv Год назад +17

      Pet or house sitting. My neices do that and one of them made $1000 in one week recently

    • @danicegewiss862
      @danicegewiss862 Год назад +7

      I have a Fundrise account. It's fun watching it grow. I also sell my nicer stuff online, and I'm setting up an online store. I'm busy, busy, busy.

    • @stevebubar6129
      @stevebubar6129 Год назад +1

      Banking your side hustle (that u love) paychecks. In addition to that… maintain course like this video says

    • @sarahpalm7661
      @sarahpalm7661 Год назад +8

      Bank sign up bonuses can be pretty sweet.

    • @aimeeseek
      @aimeeseek Год назад

      Don't trust Qmee. Know your rights and be willing to tell them to a cop.

  • @ThomasSmith14562
    @ThomasSmith14562 Месяц назад +397

    3 things that helped me and literally changed my life
    1. I stopped watching porn
    2. I read the book called ‘25 Money Secrets From Donald Trump’
    3. Stop drinking

    • @Isthatcavon
      @Isthatcavon Месяц назад +6

      Stopped watching porn is crazy

    • @generalday
      @generalday 17 дней назад +1

      @@Isthatcavonhow is it crazy

    • @Nature-ix4do
      @Nature-ix4do 14 дней назад

      How does stop watching pron help us?

  • @CliveBirse
    @CliveBirse 9 месяцев назад +244

    The advice in this video is valuable for the typical American. I started investing when I was 30 back in 1998. Today, I have a decent $3.7M nest egg, thanks to the careful supervision of my CFP. After 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.

    • @mikegarvey17
      @mikegarvey17 9 месяцев назад +7

      And It's not even that hard to do. Maybe too rigorous for the regular-Joe, but thats why its advisable to conduct with good market strategist.

    • @mariaguerrero08
      @mariaguerrero08 9 месяцев назад +5

      This is why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $780k, generating sufficient dividends for my household's needs.

    • @ThomasChai05
      @ThomasChai05 9 месяцев назад +5

      @@mariaguerrero08Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @mariaguerrero08
      @mariaguerrero08 9 месяцев назад +4

      'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.

    • @JackBJacobs233
      @JackBJacobs233 9 месяцев назад +3

      Thanks for the info, i found her website and sent a message hopefully she replies soon.

  • @swiftyboy5796
    @swiftyboy5796 14 часов назад +1

    I love how honest this person is... unlike any other people who teach about finances and focus on offering scam courses or schemes, I love the fact how he relates to my real life problems, thanks G!

  • @waynenakanishi971
    @waynenakanishi971 Год назад +148

    Hi Austin, I am 26 years old and I am just first month in of my first job in my life. I am so fortunate to discover your channel! Muchas gracias!

    • @wilfriedvomacka1783
      @wilfriedvomacka1783 Год назад +11

      Great! I discovered frugality and Austin after 7 years of working. After that, I saved in six months more than in 2 years before.

    • @doomedwojak420
      @doomedwojak420 Год назад

      So you're a brand new wage slave? Good for you.
      I'm 26 too but I'm aiming for retirement already, not because I'm rich (no way, the system is a cage) I'm terrible ill. Maybe if i could live few more years (to waste time on yt and playing video games) life's good they said...

    • @ElAgustin
      @ElAgustin  Год назад +12

      Right on! Best of luck at your new job!

    • @avenj4659
      @avenj4659 Год назад +11

      Ohhh yo be 26 again knowing what I know now! You are blessed beyond what you can imagine. Please take note. Y dear. Even tho you don’t incorporate everything please start some things. Like the limited debt and start investing early!!! Good luck!

    • @daviddean6032
      @daviddean6032 Год назад +8

      Congratulations on your first job, Wayne Nakanishi. All the best for a long and healthy life. Austin Williams is great and I also enjoy these videos and I'm 64. My advice to you is to only buy what you can in cash and not to go into debt. Pay yourself first, live well and frugal, and invest wisely. Once again, congratulations, Wayne.

  • @moonshynegirl172
    @moonshynegirl172 Год назад +62

    At 60, I wish someone had talked to me about money years ago! I will make sure my granddaughter knows these things!

    • @mikenoneofyourbusiness7122
      @mikenoneofyourbusiness7122 Год назад +1

      Once you’re 18+, it’s YOUR responsibility to educate yourself on finances. Nobody supposed to care or talk about your personal stuff. It’s on YOU.

    • @BanellaRg
      @BanellaRg 10 месяцев назад

      That magical 18 huh?​@@mikenoneofyourbusiness7122

    • @flysinsoup
      @flysinsoup 4 месяца назад

      @@mikenoneofyourbusiness7122nope!
      It’s your PARENTS JOB. This is why Americans fail in life, because your parents aren’t guiding you to do the things you need to do to be successful. This is why the immigrants are more successful in America while Americans fail.
      You are the problem here

  • @Chabelita-08
    @Chabelita-08 Месяц назад +4

    This video is so valuable & genuinely made me believe that I can truly accomplish my dreams without being scared of running out of money.

  • @smartstudy7043
    @smartstudy7043 2 месяца назад +7

    This is the BEST financial video I've come across ❤

  • @harrisonmccoy5788
    @harrisonmccoy5788 8 месяцев назад +303

    It is the appropriate use of an organization’s financial resources, such as making investment decisions and employing cash management strategies to maximize profits and cut risk.

    • @patriciavail4285
      @patriciavail4285 8 месяцев назад

      I think it’s more of planning, organizing, directing and controlling of a business’s monetary resources to achieve its goals.

    • @denzelwilmington8107
      @denzelwilmington8107 8 месяцев назад

      The financial manager will first assess a person’s financial position and determine how much funding is needed to support the expansion.

    • @kennedyzouma6413
      @kennedyzouma6413 8 месяцев назад

      Timothy Eric Meek develops a budget that includes the costs associated with the expansion, such as new equipment and employee salaries.

    • @michealmccoy427
      @michealmccoy427 8 месяцев назад

      It is necessary for the financial manager to evaluate the risks and rewards of different financing options. He must be a genius.

    • @colemanpark9749
      @colemanpark9749 8 месяцев назад

      How can I reach him please.

  • @nicoleanagnostou7719
    @nicoleanagnostou7719 Год назад +138

    Today I made my first deposit towards my emergency fund :)

    • @ElAgustin
      @ElAgustin  Год назад +21

      Right on! Even if it's just $5, you're ahead of most people!

    • @_TechTraverse
      @_TechTraverse 24 дня назад +1

      So, how about your financial situation now?

    • @nicoleanagnostou7719
      @nicoleanagnostou7719 23 дня назад

      @@_TechTraverse fabulous. Fully funded.

    • @nicoleanagnostou7719
      @nicoleanagnostou7719 23 дня назад

      @@_TechTraverse fabulous. Fully funded

  • @roceliamonte9053
    @roceliamonte9053 Год назад +17

    I love how the angel music comes in everytime you say emergency fund. 😂 Love your videos Austin! You're always a great help to us. Thank you!

  • @AbidingHopeMentalHealthCoach
    @AbidingHopeMentalHealthCoach Год назад +17

    I currently have an emergency fund, six months fully funded. I also have an auto repair and maintenance fund. When I popped a tire for the first time ever in my life last week, my biggest concern was not how I was going to pay for it, because I already knew how I was gonna pay for it. I was only concerned about getting my Uber riders to their destinations, since obviously, I wasn’t meant to be the one to take them. I found a shop that had my size tire, and was back on the road making money in short order. And I was even frugal, by opting for used tires instead of new ones.

  • @PeprahJanet-n5l
    @PeprahJanet-n5l 20 дней назад +2

    I am very glad l meet your channel may you never luck in this life thanks please ❤😊🎉

  • @Clarkfamilyorchards
    @Clarkfamilyorchards Год назад +18

    Live below your means in your twenties so you can live much more comfortably in your thirties and basically the rest of your life. I lived in a single wide mobile home for 7-8 years, paid it off in 3, made enough for a nice down payment on a very nice new construction property and I keep the same frugal mindset that I had then. Having kids is the most rewarding and yet one of the most challenging things one will ever do, but it is true, you will want to live below your means mostly before the kids come into the picture. I wouldn’t want my kids to remember growing up in a very small space in a not so great area, so I sacrificed my twenties so that I could afford where I live now. Another hack is to overpay your mortgage and you’ll be surprised how many years yes years will melt off of that mortgage. 👍🏻

  • @sarahsolomon1949
    @sarahsolomon1949 Год назад +57

    Austin, you are a hidden rare gem amongst RUclips! I just found your channel a couple of days ago and Ive watched a few of your videos. I really love your content! I’m already a pretty frugal person but i still enjoy listening and learning from you. You are a very wise young man! Thank you so much for this video! ❤

    • @ElAgustin
      @ElAgustin  Год назад +4

      I appreciate it, Sarah! I'm glad you're enjoying my content!

  • @bellatrixmedina7617
    @bellatrixmedina7617 Год назад +23

    I will watch this over and over again until it’s cemented in my brains! 🎉💯💯💯

  • @TeaLightCooking
    @TeaLightCooking Год назад +14

    3:12 Agustin keep on preaching - I keep on listening because not only is your advice good but it's also helpful and very thoughtfully presented 😊

    • @ElAgustin
      @ElAgustin  Год назад

      Thanks! It takes a while to put them together!

  • @Countstep0099
    @Countstep0099 3 месяца назад +137

    I am impressed with your update on tech stocks, I am looking for tax efficient way to rebalance my 7-figure dividend portfolio without triggering capital gain tax. what asset location strategies should i use?

    • @2024Red-j5t
      @2024Red-j5t 3 месяца назад +3

      The best strategy depends on your financial situation, account types, tax bracket, and investment goals. Consult an advisor or tax professional to tailor these strategies for maximum tax efficiency.

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 3 месяца назад +1

      I’m currently working towards financial freedom with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 30% NVDA, 25% SCHD and over 40% in digital and alternative assets, thanks to my CFA. This strategy has helped me earn $56,000 a year in dividends. Back in 2014, I only earned $21 in dividends.

    • @Petroguest-i4g
      @Petroguest-i4g 3 месяца назад +2

      Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?

    • @wealthychronicle-i1u
      @wealthychronicle-i1u 3 месяца назад +4

      I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Melissa Elise Robinson for years and highly recommend her. Look her up to see if she meets your criteria

    • @Resmith18S
      @Resmith18S 3 месяца назад

      Wow!! her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you.

  • @timothyswauger3984
    @timothyswauger3984 Год назад +25

    Some people have a spending addiction that they can’t control. Before putting any of these practices to work, they’ll have to get help for that.

    • @weird-guy
      @weird-guy Год назад +6

      Also think some people don’t realize how much money they waste on things that cost 1$ here a 2$ there.
      For example even if you can save 1$ that 22$ ( working days), 22$ x 12= 264$ doesn’t seems a lot but in a pinch can aliviate some pressure.

    • @mikenoneofyourbusiness7122
      @mikenoneofyourbusiness7122 Год назад +1

      That’s called growing up. There’s no service to lead you there, it’s on each individual to do. Grow. Up.

  • @gintongaparador999
    @gintongaparador999 5 месяцев назад +3

    I don't work yet, but I am studying now how to manage money. I realized I don't want to live the same way the people around me did. Also, the more things I own, the more I feel anxious or stressed out so I want to own as little material things as possible. As long as I have my basic needs for survival, I'm financially secured.

  • @najihahyussof
    @najihahyussof Год назад +12

    This is by far one of your best videos out there. Great explanation. Thank you!

  • @ladeestayceejohnson806
    @ladeestayceejohnson806 9 месяцев назад +1

    Good job, young man! I enjoyed your “dry wit” . Slow ,steady and consistent are good tools to have in your tool box. Debt free, emergency fund, maxed out Roth 401k , no more paycheck to paycheck living, sinking funds = POOR NO MORE FOR ME. ALL Glory to God!

  • @andersonelerilopesdelima9365
    @andersonelerilopesdelima9365 Год назад +5

    I’m little older than you, but I feel that I have so many things to learn from your videos. I’m so grateful that I discovered your channel! Hello from Brazil

  • @AdaBooker-o5m
    @AdaBooker-o5m 6 месяцев назад +1

    Austin, you are a hidden rare gem amongst RUclips! I just found your channel a couple of days ago and Ive watched a few of your videos. I really love your content! I’m already a pretty frugal person but i still enjoy listening and learning from you. You are a very wise young man! Thank you so much for this video!

  • @mibtt
    @mibtt Год назад +7

    Love your sense of humor. I enjoy your content a lot. Thank you for sharing your knowledge.

  • @marcellemayer4772
    @marcellemayer4772 Год назад +13

    I think you’re a very good teacher.😊

    • @ElAgustin
      @ElAgustin  Год назад

      Thanks!!

    • @smartstudy7043
      @smartstudy7043 2 месяца назад

      ❤ I second to this... This video has given me the clarity I always needed

  • @tamihill4229
    @tamihill4229 Год назад +11

    Thank you austin. I almost payoff my cc debt my your advice i have 520.00 left to go i rent a room from a friend

  • @omnixoxox
    @omnixoxox Год назад +4

    Austin! Your energy is so calming towards such an anxious topic! I love it. Thank you for giving us hope with finances

  • @lynn9935
    @lynn9935 Год назад +29

    Savings, stocks, and a side hustle. Got it!

  • @Anonymous-xq3cd
    @Anonymous-xq3cd Год назад +3

    I totally agree with you. That is exactly what I am doing now. I am almost done building up my emergency fund. After that, I will start participating in my company’s 401k. I am debt-free too and it feels totally different now. At work I feel more condident and at-ease. I don’t have to work extra hard to impress my boss, kiss ass, nor work super hard for promotions because I know I have a strong financial footing and stability. Like if I chose to stay at work, its because I respect the boss that I work for, i like the job, and i like the coworkers. I am now the one choosing which company or the boss I want to work for. Unlike if you are living pay check to pay check, its the other way around were you beg for a boss or company to choose you.

  • @mohammadchaudhry1255
    @mohammadchaudhry1255 Год назад +1

    Very bright analysis Credit GOES TO Your PARENTS WHO TAUGHT YOU TO HELP OTHERS

  • @carlosbcn2020
    @carlosbcn2020 Год назад +16

    Besides handsome you are intelligent and wise

  • @omega_optimus77
    @omega_optimus77 Месяц назад +2

    He is pitching us to grow a narrow mindset which will take many decades for us to be financially independent from our paycheck instead take risk and do something to make money work for you although you get broke for the first few years, its always risk to reward ratio, dont waste your time in building a wealth from your pay check it will cost your life.

  • @reasias-louistabrina3920
    @reasias-louistabrina3920 Месяц назад +1

    Thanks Austin this information is very useful. Will start working on them right away. 😊

  • @nikiclaypool8800
    @nikiclaypool8800 Год назад +10

    I coach others on finances and have been watching you for a while and this is by far the best video I have ever seen to explain how to get ahead in about 12 minutes. I sent it to everyone I know and it is so well done and simply laid out that anyone can understand it. Well done sir

  • @maryamahmad262
    @maryamahmad262 3 месяца назад +1

    This was so incredibly helpful. Thank you🙏🏼🙏🏼🙏🏼

  • @Arrowsofreem
    @Arrowsofreem Год назад +3

    ever since I subscribed to your channel my financial life got a lot better..truly i cant thank you enough❤

  • @oyvind5490
    @oyvind5490 Год назад +2

    Thanks for sharing this video. This is so valuable for me. I hope this go viral. This is really gold.

  • @blakevinccent4928
    @blakevinccent4928 Год назад +4

    The most real RUclipsr never change Agustin you make great simple straight to the point videos that changed my views on money for the better! Much love ❤

  • @josephpeel9232
    @josephpeel9232 Год назад +1

    Thanks!

  • @urnursingstudentmich
    @urnursingstudentmich 2 месяца назад +1

    Even though I am still a student, it doesn't I can't start small.
    I'm managing my finance(allowance) and daily expenses right now. wish me luck in the next 2-3 months, I hope I can maintain the discipline.

  • @turgutozmen71
    @turgutozmen71 Год назад +5

    This is your best video in my opinion. I watched it until the end without blinking my eyes.
    I feel rich now. 😊 Gracias amigo!

  • @juliemarkham4332
    @juliemarkham4332 Год назад +3

    OMG! This is the BEST video!! Thanks for sharing. 😊

  • @melaninplanz
    @melaninplanz 2 месяца назад

    The “Santa clause ain’t coming to town” line TOOK ME OUT!!! 😂 it’s so true though 😂😂😂😂😂 New subbie! I love how you broke this down!!! SMART tips and strategies!! God Bless 🙏🏽

  • @jamesholding3563
    @jamesholding3563 2 месяца назад

    Thank you for sharing your knowledge and the things that were passed on to you. Very much appreciated.🙏

  • @ikan101
    @ikan101 18 дней назад

    I like your idea.. that was really simple and on the point.. Others make it very complicate. Thank you Austin

  • @dorisbenedith8664
    @dorisbenedith8664 Год назад +13

    ❤ Love the chart 👌 it's exactly what a lot of people should be doing. I absolutely love your videos. Very educational and realistic. Muchas gracias Agustin y sigue educandonos. 😊

  • @SliwkaProductions
    @SliwkaProductions 10 месяцев назад +3

    Your voice is so pleasant 😁 Thanks!

  • @darlaokoyi
    @darlaokoyi 3 месяца назад

    I just love so much the way the way you explained it

  • @kwokweng76
    @kwokweng76 Год назад +7

    i love ur videos austin...........it keeps me motivated

    • @ElAgustin
      @ElAgustin  Год назад +1

      I'm glad! Thanks for always commenting!!

  • @levelupwithjulia
    @levelupwithjulia 7 месяцев назад +1

    sounds like my current situation, iam so glad you share this knowledge, thank you too much!

  • @SophiaWhiteley
    @SophiaWhiteley 4 месяца назад

    Thanks I am bad at spending my pay check,so I am one who lives from paycheck to paycheck thanks for this video

  • @MariaGarcia-gv8hj
    @MariaGarcia-gv8hj Год назад +2

    Now I have more knowledge about personal finance, thanks to your channel, I just subscribed.Big ups to everyone working effortlessly trying to earn a living while building wealth in this recession. I’m 45 and my husband is 51, we are both retired, no debts. We are currently living a frugal and financially savvy lifestyle and generating passive income even during this recessionary period. Our commitment to saving and investing in the financial market has enabled us to maintain this lifestyle and continue earning monthly passively through investment.Traveling is now on our horizon, thanks to our financial choices.

    • @laura2255
      @laura2255 Год назад

      Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Earlier this year, I hesitated and failed to take any action until now. However, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties, I really wish I can achieve what you and your partner have achieved. I believe it will surely happen.

  • @mooshway2000
    @mooshway2000 Год назад +11

    In response to other commentators, marriage CAN be great. My husband and I both work, have similar incomes and very similar financial mindsets. Expenses are shared.
    Kids on the other hand....😅

  • @solicynx7853
    @solicynx7853 Год назад +2

    You made this in a way that is understandable and doable for me. With other people just going the route of invest! invest!, but you are just struggling by. Thank you so much and hoping the next time I comment here, I would have at least be halfway through saving my emergency fund. Having the equivalent of $900/mo paycheck, it's gonna be a long way...

  • @akidataylor777
    @akidataylor777 Год назад +1

    Bro your videos are really awesome I think you are gifted and blessed

  • @VKA53
    @VKA53 11 месяцев назад +1

    ❤❤❤You are the Money Professor,Austin❤

  • @WriterDreams44
    @WriterDreams44 3 месяца назад +2

    You can only never go broke again if you always have enough to cover whatever happens to you. Sometimes it isn't about the management of money but the means to not be wiped out when something happens. Like ending up in hospital.

  • @veronicaboyce6794
    @veronicaboyce6794 Год назад +6

    My Nan #oldschool advice “when you work pay yourself first” and I’ve been doing that from my low paid salary for 37 years to this present day. And that emergency fund is now being dipped into to pay for the cost living crisis 😂😂and if the greedy businesses continues I will be back to square one!

  • @robinborucki4736
    @robinborucki4736 Год назад +2

    Great information… got it stuck in my brain 🙂 I’m doing it! Thanks 👍

  • @fabiocappuccini7178
    @fabiocappuccini7178 9 месяцев назад

    I wish I was this smart with money when I was 30 or less.
    Good on you man with your channel, you have good and easy tips for everyone.
    Not many people has the fortune to have this type of lessons when you are young

  • @DavidDavisDH
    @DavidDavisDH Год назад +4

    Yes frugal living is a game changer, I can say this really works. The main thing that helped me with my finances is moving out of my apartment, extra $1000 I keep now instead. I'm not rich, but I'm investing in the stock market and I feel much better now.

  • @xlpml
    @xlpml 11 месяцев назад

    This video was really helpful I won’t lie, I’m definitely going to take this video to consideration.

  • @AnnMitt
    @AnnMitt Год назад +29

    Fantastic video, Austin. Hope the Gen Z folks find your channel.
    May I add, get married to a sensible frugal person who shares your values and wants to have a family. My son is a kind and funny person. I take pride in my parenting skills and he makes me less selfish.

  • @niccolemoody7525
    @niccolemoody7525 6 часов назад

    ❤❤❤This was excellent advice!

  • @jondalgas7201
    @jondalgas7201 Год назад +1

    So simple, so great!
    Have a good weekend ☀️☀️

  • @Callofrobin13
    @Callofrobin13 Год назад

    I have a goal for 2024 and I found this video that is very good and you learn a lot from it. Thank you for your way of explaining everything, very clear to understand, I am your #1 fan

  • @Joethebro101
    @Joethebro101 6 месяцев назад +1

    Excellent video. Very well done!

  • @r.j5451
    @r.j5451 Год назад +2

    Simple, direct. Great information 👍🏻

  • @JamesThompson-oh4yd
    @JamesThompson-oh4yd 5 дней назад +34

    I just have to applaud your content man, well done. Long term investor's know that the market and economy will recover eventually, and investors should be positioned for such a rebound, I gained $180k from bitcoin of 2021. Before the market crash and now am buying again, adding more at a time. Having a good financial advisor like joanna claire, it will add to your success in the crypto market.

    • @JaeyoungPerry
      @JaeyoungPerry 5 дней назад

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @patridoalejandro3201
      @patridoalejandro3201 5 дней назад

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed Broker and a FINRA AGENT in the United States.

    • @KaneBrown-oh6hn
      @KaneBrown-oh6hn 5 дней назад

      You trade with joanna claire too? Wow that woman has been a blessing to me and my family

    • @LisaJohn-p6b
      @LisaJohn-p6b 5 дней назад

      I’m new at this, how can I reach her?

    • @MikeRicky-k7j
      @MikeRicky-k7j 5 дней назад

      I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

  • @ShawanaGates
    @ShawanaGates 5 месяцев назад

    The best video I've seen so far.

  • @dreamweaversan
    @dreamweaversan Год назад +1

    Very good video! Keep up the good work! I am already following the instructions in the video.

  • @Macx_Asher
    @Macx_Asher 3 месяца назад

    Paradise if you want to cry……cry bro!!! 😂This link up is Crazyyyyy!!!🎉

  • @Drewlianaballerina1
    @Drewlianaballerina1 3 месяца назад

    Thank you so much for helping us.

  • @Truedriver865
    @Truedriver865 3 месяца назад

    Thank you for making this video

  • @АқмаралТалғатқызы
    @АқмаралТалғатқызы 2 месяца назад +1

    Thanks for the video , everything is clear , got a lot of insights 💯💯👏👏thanks to my teacher Feruza , she’s sent this video ( we’re talking about how to be financially literate) 🤩

  • @SAreamusic1
    @SAreamusic1 Год назад

    Loved this video!! So real world and no fake or lies detected. Instant subscribe button 😊for me.

  • @joshnkole8699
    @joshnkole8699 3 месяца назад

    crystal and clear , thank you so much

  • @denarupp991
    @denarupp991 Год назад

    Great video. Looking forward to the index fund video! Thanks for your insight.

  • @CourtneyRobinson
    @CourtneyRobinson Год назад +1

    Great video Austin. The simplicity and chart is fantastic.

  • @Jane_Moss
    @Jane_Moss Год назад +3

    this is such a great video Austin. I am a new subscriber and your channel is providing the highest value to me right now! (and many others) your simple and fun presentation is so perfect. keep up the good work !

    • @ElAgustin
      @ElAgustin  Год назад

      I appreciate it! I'm glad my videos are providing value to your life!

  • @mitchellmiller3176
    @mitchellmiller3176 6 месяцев назад

    The way I saved money is I let someone i knew and can trust hold it for me. Eventually I started creating more idea's of what I can do to not only save more but make more

  • @joycewright5386
    @joycewright5386 Год назад +20

    I have been doing this my entire life. I’ll never understand why it isn’t just common sense for people.

    • @mikenoneofyourbusiness7122
      @mikenoneofyourbusiness7122 Год назад +3

      Same. So many people are weak minded and lazy, it’s shocking to me.

    • @theorangecandle
      @theorangecandle Год назад

      To be honest it must be down to upbringing. My parents were frugal and hence that became my 'normal' I just can't imagine the concept of spending more money than I make in a month.

    • @BeWaterMyFrend
      @BeWaterMyFrend 10 месяцев назад

      Cause we live in a Matrix. Zombies working all day just to get to our homes and get endless dopamine scrolling on social media and watching tv. That’s the sad reality for the majority of humans.

    • @meropale
      @meropale 6 месяцев назад

      It's a skill that can be learned, or not. We're human and emotional beings. We don't always do what makes sense.

  • @rasilsabah
    @rasilsabah 5 месяцев назад

    Worth watching this video 👍🏻, well explained in a short duration

  • @jessecejashlp
    @jessecejashlp 2 месяца назад

    Thank you so much I really appreciate it

  • @RebeccaGilpin
    @RebeccaGilpin 6 месяцев назад +6

    When you venture into the world of financial investment, it's important to understand some foundational principles

    • @ScottBruceman
      @ScottBruceman 6 месяцев назад +1

      It simply means the allocation of money toward an asset or portfolio, with the expectation of earning a return over time.

    • @ChristopherHandley-ek4ul
      @ChristopherHandley-ek4ul 6 месяцев назад

      Yes, It a procedure where you allocate money or capital towards buying financial products, expecting to earn a considerable return in the future.

    • @NimaOmaisj
      @NimaOmaisj 6 месяцев назад

      According to Patricia strain an expert, this can occur through appreciation in the price of the asset, earning interest, dividends or royalties.

    • @HilmanJacks-mq1tc
      @HilmanJacks-mq1tc 6 месяцев назад

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @wandemiles
      @wandemiles 6 месяцев назад

      Patricia Strain must be a great person, her strategies are top notch.

  • @miriamperez26
    @miriamperez26 Год назад +1

    Wow, you are so inspirational. Thank you for sharing this useful information. Que Dios siempre te bendiga!

  • @lukaugulava3082
    @lukaugulava3082 10 дней назад

    Could you make a Video when and how to Withdraw money (for example if a better investment option comes up) And how much are the taxes?

  • @andrewawood3658
    @andrewawood3658 Год назад +1

    Austin gr8 video I Agree 💯. If I might Add Also get rid of debt in the process.

  • @Vparks
    @Vparks 11 месяцев назад

    This video describes my life 😢😢😢. But will take control of it starting tomorrow

  • @Urolling
    @Urolling Месяц назад

    Once I start making money out of highschool I'll try my best putting my money into a savings account but I really want something in the future that's expensive so I'll work to have a good amount of money along with money for the thing I want.

  • @kessijhones123
    @kessijhones123 Год назад

    Hey Austim im from brazil and im learning a lot from you i 29 divorced and starting again, i have no kids but i like so, maybe in the future!

  • @yahudaiskhanuti265
    @yahudaiskhanuti265 8 месяцев назад

    Simple and straightforward

  • @alanward992
    @alanward992 Год назад +3

    Remember: We all get 100% each week. First 10% goes to yourself (Savings!) . Then budget the remaining 90% accordingly. Don't use dollars. Always work in percentages.

  • @obronibibleteacher
    @obronibibleteacher Год назад

    Thanks Austin! This speaks well to where I'm at right now. I appreciate you and your wisdom and especially the sense of humor you have. The angelic choir around the emergency fund.. haha. So good.

  • @justvibing2497
    @justvibing2497 6 месяцев назад +1

    Great video

  • @Jennifer-qv6oo
    @Jennifer-qv6oo 11 дней назад

    I learn a lot from this

  • @Ayechevv
    @Ayechevv 2 месяца назад

    Great advice

  • @flornavidad9771
    @flornavidad9771 Год назад

    Thank you Agustin!!!! Great ideas like always ❤️ have a wonderful weekend

  • @dipalisharma4682
    @dipalisharma4682 13 дней назад

    very insightful vdoo