Debt reduction is, in my opinion, one of the most important aspects of financial maturity out of all the important points discussed in the video. You may increase your control over your financial situation and free up funds for future investments by actively striving to reduce your debt. Debt repayment should be prioritized, and plans should be made to keep from accruing excessive debt in the first place. Recall that each step you take to reduce your debt will bring you one step closer to financial freedom. We appreciate you reminding us of the significance of debt management.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Well-done. Vivian Carol Gioia appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
Out of all the valuable points talked about in the video, in my opinion, Debt reduction is indeed a crucial aspect of financial maturity. By actively working towards reducing debt, you not only free up resources for future investments but also gain more control over your financial well-being. It's important to prioritize paying off debts and develop strategies to avoid falling into excessive debt in the first place. Remember, every step towards debt reduction brings you closer to financial freedom. Thanks for reminding us the importance of controlling debt.
Yes. I purchased my home and paid it fully off before renovating it. Took me 2 years to pour my whole income into my mortgage. No new cars, trips or vacations. Now I am 28 relaxing with a completely renovated home and free to do whatever. My bills barely $1,000/month total
Great content! as the world crisis progresses the smartest thing people do lately is building a strong investment that isn’t controlled by the government. Like digital currencies.
That’s really interesting! I’ve been thinking about investing in digital currencies lately but wondering how to do it, do anyone have any thought on that?
00:13 📊 You have a budget and plan your expenses ahead of time. 01:37 💼 You prioritize building an emergency fund and understand its importance. 03:13 💳 Debt reduction is a significant focus for you. 03:54 💰 You expect your income to increase over time. 04:50 🛡 You have insurance policies in place to protect against unforeseen events. 05:16 💳 You monitor and work to improve your credit score. 05:58 💸 You live below your means and avoid lifestyle inflation. 06:37 📊 You make financial decisions with an accountant or through careful analysis. 07:20 📚 You have educated yourself about financial matters, potentially by reading books on the subject. 08:00 💡 You understand taxes and aim to maximize returns. 08:41 🌱 You actively seek ways to make money in the long term. 09:25 😡 You don't let emotions control your financial decisions. 09:54 💳 You avoid unplanned purchases and prioritize financial stability. 10:20 💼 You focus on building assets that generate income to support your lifestyle.
it started with the horrible feeling having debt, now a decade into the journey, passive income is approaching equilibrium with monthly expenses. I´m struggling to understand why this knowledge is not thought in school! With courtesy to Robert Kyosaki, Dave Ramsey and many many others who thought me, what my parents didn´t teach me.
It has been more than 3 years I am subscriber of this channel, I become wise in all ways... Especially money. A Indian, Watching from world's most poorest country, Malawi.... ❤
lol I usually agree with you guys videos but this one I can’t, as a New Yorker every New Yorker from the Bronx the malba Queens has a bag full a bag, and reusable cups and bins. That doesn’t make you poor
One of my greatest assets is my mind accompanied by my physical abilities. I see that the maintenance of my all-around health has been very lucrative. Thx ALUX ⭐⭐⭐⭐⭐
That's me. Thank you for making it simple to understand how to take of your money. It's how you prioritize your finances. Keep it simple and live below your means.
In my early 30s I have learned that stability is not equal. There is stability at a low income and stability at a high income. I have low income stability, but it wouldn't be that bad if I wasn't the only financially responsible person in my apartment.
🎯 Key Takeaways for quick navigation: Tienes un presupuesto y lo sigues. Te enfocas en reducir deudas. Esperas aumentar tus ingresos en el futuro. Tienes seguros para protegerte. Planificas para la jubilación. Monitoreas y mejoras tu historial crediticio. Vives por debajo de tus medios. Tomas decisiones financieras con base en análisis, no emociones. Evitas compras no planificadas. Utilizas tu dinero para construir activos. Made with HARPA AI
I'm the youngest of 7 and the most financially responsible . I manage so many people accounts and when I give them access to their finances they Squander it all in a matter of weeks 😢
After I raised up to 125k trading with her I bought a new House and a car here in the state 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..
Dear Alux , can you please make video for Europe. Specially for Greece. I really appreciate your rules for financial freedom, but here it's not possible to make it reality. Want to teach me how to invest in my country without the government take almost 50% of my income. There is no safe platform here to invest in America. Do you have any suggestions or directions for Greek citizens to escape the rat race and achieve financial freedom? Thanks
Hello ALUXERS! Have you downloaded the ALUX App yet?
Get the app: www.alux.com/app
Have a look at our premium courses: courses.alux.com
@elux can I start a RUclips channel to use your video in different languages voice? I need your permission for copyright. Please reply
I love watching Alux I always feel welcome
Debt reduction is, in my opinion, one of the most important aspects of financial maturity out of all the important points discussed in the video. You may increase your control over your financial situation and free up funds for future investments by actively striving to reduce your debt. Debt repayment should be prioritized, and plans should be made to keep from accruing excessive debt in the first place. Recall that each step you take to reduce your debt will bring you one step closer to financial freedom. We appreciate you reminding us of the significance of debt management.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Well-done. Vivian Carol Gioia appears to be highly knowledgeable and very qualified, came across her consulting page just after inputting her full name on the web. In fact, Ive seen commentaries about advisors, but not one looks this phenomenal.
Out of all the valuable points talked about in the video, in my opinion, Debt reduction is indeed a crucial aspect of financial maturity. By actively working towards reducing debt, you not only free up resources for future investments but also gain more control over your financial well-being. It's important to prioritize paying off debts and develop strategies to avoid falling into excessive debt in the first place. Remember, every step towards debt reduction brings you closer to financial freedom. Thanks for reminding us the importance of controlling debt.
Yes. I purchased my home and paid it fully off before renovating it. Took me 2 years to pour my whole income into my mortgage. No new cars, trips or vacations. Now I am 28 relaxing with a completely renovated home and free to do whatever. My bills barely $1,000/month total
@marcusgray2799 great work!!
There is nothing better in life than not having to pay mortgage. I'm very happy that you were able to finish paying it off @@marcusgray2799
Great content! as the world crisis progresses the smartest thing people do lately is building a strong investment that isn’t controlled by the government. Like digital currencies.
That’s really interesting! I’ve been thinking about investing in digital currencies lately but wondering how to do it, do anyone have any thought on that?
00:13 📊 You have a budget and plan your expenses ahead of time.
01:37 💼 You prioritize building an emergency fund and understand its importance.
03:13 💳 Debt reduction is a significant focus for you.
03:54 💰 You expect your income to increase over time.
04:50 🛡 You have insurance policies in place to protect against unforeseen events.
05:16 💳 You monitor and work to improve your credit score.
05:58 💸 You live below your means and avoid lifestyle inflation.
06:37 📊 You make financial decisions with an accountant or through careful analysis.
07:20 📚 You have educated yourself about financial matters, potentially by reading books on the subject.
08:00 💡 You understand taxes and aim to maximize returns.
08:41 🌱 You actively seek ways to make money in the long term.
09:25 😡 You don't let emotions control your financial decisions.
09:54 💳 You avoid unplanned purchases and prioritize financial stability.
10:20 💼 You focus on building assets that generate income to support your lifestyle.
I do miss the daily uploads but if that allows you guys to be more creative then i support that 100%. Keep up the good work 💪
it started with the horrible feeling having debt, now a decade into the journey, passive income is approaching equilibrium with monthly expenses. I´m struggling to understand why this knowledge is not thought in school! With courtesy to Robert Kyosaki, Dave Ramsey and many many others who thought me, what my parents didn´t teach me.
Because the banks and other institutions will go bankrupt
It has been more than 3 years I am subscriber of this channel, I become wise in all ways... Especially money. A Indian, Watching from world's most poorest country, Malawi.... ❤
What a video to end my evening..superb self realisation....Thanks Alux
I can happily say I’ve come a long way. This video helped me realize that. Thank God for my ex. If not for her I’d have never took finances seriously.
"Tooth fell out, well its time to chew on your other side" I don't recall ever laughing as hard as I did just now. 😂😂😂
Wow. I'm 14 for 15. That's because I have a degree in accounting so I don't need an accountant.
Even accountant have accountants
lol I usually agree with you guys videos but this one I can’t, as a New Yorker every New Yorker from the Bronx the malba Queens has a bag full a bag, and reusable cups and bins. That doesn’t make you poor
One of my greatest assets is my mind accompanied by my physical abilities. I see that the maintenance of my all-around health has been very lucrative. Thx ALUX ⭐⭐⭐⭐⭐
That's me. Thank you for making it simple to understand how to take of your money. It's how you prioritize your finances. Keep it simple and live below your means.
In my early 30s I have learned that stability is not equal. There is stability at a low income and stability at a high income. I have low income stability, but it wouldn't be that bad if I wasn't the only financially responsible person in my apartment.
🎯 Key Takeaways for quick navigation:
Tienes un presupuesto y lo sigues.
Te enfocas en reducir deudas.
Esperas aumentar tus ingresos en el futuro.
Tienes seguros para protegerte.
Planificas para la jubilación.
Monitoreas y mejoras tu historial crediticio.
Vives por debajo de tus medios.
Tomas decisiones financieras con base en análisis, no emociones.
Evitas compras no planificadas.
Utilizas tu dinero para construir activos.
Made with HARPA AI
In Brazil we also have a credit score system
Thanks.
Kearning more about generational wealth.
16. You can afford a cocaine habit.
Lol let's just stick with "You can afford a useless hobby." 😂😂😂😅
🌟🌟🌟🌟🌟 especially in these up and down economic times!
True, financial maturity keeps assets in tact and growing 💗🎉❤
I'm the youngest of 7 and the most financially responsible . I manage so many people accounts and when I give them access to their finances they Squander it all in a matter of weeks 😢
My problem is i did a social science degree and i have an income probably
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
I'm in a similar situation where should I look to increase income? Do you have any
advice? What did you do? Thank you.
Big thanks to Elizabeth Ann graney
Her top notch guidance and expertise on
digital market changed the game for me
After I raised up to 125k trading with her I bought a new House and a car here in the state 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..
Alright thanks for the recommendation,but how do I reach her?
First! Thank you Alux
Take care my friend and that’s all we will ever be
Dear Alux , can you please make video for Europe. Specially for Greece. I really appreciate your rules for financial freedom, but here it's not possible to make it reality. Want to teach me how to invest in my country without the government take almost 50% of my income. There is no safe platform here to invest in America. Do you have any suggestions or directions for Greek citizens to escape the rat race and achieve financial freedom? Thanks
#10 you make financial decisions with your accountant, not your stylist
LOVE from Zambia 🇿🇲
Im a Financial embryo here to update this comment in a year or two when I’ve been born..and have grown lol
Pl make a video how to deal with Narcissist mother in law , who has full control over her son
Barclays is my bank account
Chase and the rest could never. 💯
@@CarringtonKelleys do I know you
Hello Alux 🙌🏻
❤❤❤🎉🎉Thank you Alux, you are a God Sent indeed...
Very accurate!
Thanks ❤❤❤❤❤❤
thank you
I passed through
great video
2:37
Like #3. It is clever.
I never thought of money as employees. This gives me some ideas.
@@daleupthegrove6396 Exactly, right?!
Ohh yess u r awesome aluxes lady😊👏🙏
But what
This is a good wake up call.
You’re the firm
🎉
narrator says those watching 15 videos in alux channel daily have matured financially
Would you please stop talking and about the government
Please bring back the old announcer, this voice is too tense. I miss the older voice.
The richest man in Babylon read it
And, The Wealthr Gardner. More contemporary and relatable. But both are great books.
And keep the prays going because
lol at if you already have the new VR glases from Apple lol
First 5 comments ❤❤❤
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1st View! 😊
10th 😂
First