We look at the ten best financial decisions you can make.
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In this video we include how to invest, how to save, pay off debt etc…
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47 comments
Inspiration for this video from Graham Stephan's 5 Best Financial Decisions:
Thanks! Keep it up, great job as always.
Hey, I recently missed a single payment with Fingerhut, and my score for TransUnion dropped 170 points and Equifax by 169 points so now I'm under 350… Is there anything I can do that you know of? :/
#1 It's not Should – it's MUST pay debit first.
Wait! What did you say about Star Trek Discovery? <reaches for the unsubscribe button, but then pauses> Tell you what . . . I'll give you ONE more chance 😛
Graham is the man 👍🏽🥑🍞
Equels
So I can cut out waste…
Sorry kids gotta go, or get a job!
It has become fashionable to trash college. I think going to college is worth the price for the experience alone, if not for tons of lifelong friendships. It would be nice if one comes out with marketable skills and knowledge.
Skip number 3, just make CC your emergency fund.
Number one is do not have children
1. Pay off debt
2. Budget
3. Create an Emergency fund
4. Invest a percentage of the money you earn
5. Start investing early
6. Only go to College if it makes sense
7. Invest in alternative education
8. Create multiple income streams
9. Learn about leverage and scalability
10. Do something good with the money you make
Pay off bad debts is definitely very important and get good debts. Thanks for the tips!
Is the bachelors though a Journalism School like the masters you were about to go to, Ben? MOOCs are a awesome thing that I wish were a wider selection, like now, that was more limited over ten years ago, that and Youtube a time ago was limited to ~15 minute videos or less, limited the hour or so long speeches and seminars that got published on other sites. Awesome to hear about being a reader , maybe you should take after Graham and start a second channel with book reviews on it, with a list (if you have other content on the second channel), and as a way to help yourself keep "notes" on them.
You spend $1,000/month on food?? You're including eating out right or is that just groceries?
CreditShifu dropping the five finger point of death on Tai Lopez?!?!
Do more personal finance videos like this.
7% is modest?? Bernie Madoff was promising 10% and that was impossible.
Divorce is the greatest destruction of wealth. I should've buried my ex-wife
Great advice! Glad you added the last point.
10 good starting point there, good job on this video & was hank you.
#1 Don't get a credit card drops mic
What's your view on premium education? Are you preparing for the worst case scenario college tuition for your kids? Eg. 70k per year x 4 for undergrads in USC
I loved star trek discovery both seasons were fantastic.
never went to college or even graduated hs. i'm just glad things turned out well for me. lol
TAKE THAT BACK!!!!!
Star Trek Discovery is a GREAT SHOW!!!
Discovery was amazing 🥺
1. Buy a Timeshare.
2. Buy a Boat.
3. Student Loan that degree in gender studies.
4. Buy Lotto Tickets
5. Buy Iraqi Dinar
6. Buy more timeshare points to make the program work.
7. Dabble in MLM's, house flipping with youtube characters
8. Churn credit cards every 90 days until the banks cut you off.
9. Build Credit with payday loans.
10. Marry Up for rich in-laws that are easily guilt tripped.
1. Buy a Timeshare.
2. Buy a Boat.
3. Student Loan that degree in gender studies.
4. Buy Lotto Tickets
5. Buy Iraqi Dinar
6. Buy more timeshare points to make the program work.
7. Dabble in MLM's, house flipping with youtube characters
8. Churn credit cards every 90 days until the banks cut you off.
9. Build Credit with payday loans.
10. Marry Up for rich in-laws that are easily guilt tripped.
1. Buy a Timeshare.
2. Buy a Boat.
3. Student Loan that degree in gender studies.
4. Buy Lotto Tickets
5. Build a stack of Iraqi Dinar
6. Buy more timeshare points to make the program work.
7. Dabble in MLM's, house flipping, workshop characters
8. Churn credit cards every 90 days until the banks cut you off.
9. Build New credit with payday loans.
10. Marry Up for rich in-laws that are easily guilt tripped.
College is an investment in oneself. Very few people have a coherent plan for their lives right out of high school. College gives you the time and space to discover new interests and new paths. Aside from the classroom education, you are also learning how to be an adult: how to manage your life, how to have adult relationships and you're doing this in a somewhat controlled environment. There are also dozens of career paths closed to you without a bachelor's degree; you're not going to enter the training program at an investment bank, you're not going to start in the creative department at an ad agency without a degree.
Also Star Trek: Disco is great. Season 2 is much better than Season 1. Is it Roddenberry's optimistic view of the future, certainly not.
Please talk about the changes to the benefits on the Amex Delta Gold Card
Credit Shifu – check out CoreVest Finance. They provide financing for real estate investors. You can get good leverage for buying hones.
If only we all learned these concepts when we were in high school!
Hey The Credit Shifu i recently ordered a wallet from you and something happened how can I get a hold of you
Local school systems are in bed with corporations? Seriously dude? It’s just about priorities – plenty of school districts make room for personal finance in their curriculums, while others don’t. Cut it with the conspiracy BS.
Books:
Rich Dad Poor Dad
The Intelligent Investor
Money Master: the Game
Warren buffets sons ex-wife’s book (name not mentioned)
High school teachers want me to be in debt???
What a hot take on Discovery! Great video, solid advice.
Love your videos, taught me many things!
What book you recommend for someone looking to invest in real estate? What to start investing within the in 3 years.
“I dont wanna say college is a scam” BUT ITS MINDA FUCKIN SCAM 😂😂😂
I got this credit repair team who helped me build my 'LLC' credit profile account because early last year I was looking to build a very strong business credit profile.They raised score 668 to 822 in 3 weeks, added 5 primaries & 3 AU's. My business 'ALL SPORTS AND PROMOTIONS LLC' credit profile is now an excellent one. Thanks to them and you can reach them out on (954)745-1304 or look up AndyHacks, LLC on google….
Excellent video, love your videos…
Why do you keep referring to Graham in your videos?
Not going to collage was the best one I ever made lol. Much nicer living in a house paying a mortgage than living in a sardine can apartment paying off student loan.
Perfect video.