Making #PersonalFinance easier to understand 💵 | Giving you the tools you need to start building wealth💰youtube.com/c/JoshuaMayo North Carolina, USAJoined July 2020
@pexels @VisualStoriesNL Please help!! Many people are getting the m3u8 file download. This has pushed my project back by over 20 hours because I can't download any footage!
Single? Buying a house is still a good idea.
If you don't mind roommates, find a home with a few rooms. They'll pay your mortgage for you.
Keep an "emergency" savings for any repairs, and live free.
Use that extra cash to begin investing.
"If the only reason you're not pursuing a dream is because of the length of time it will take to achieve it, you should start right now. Think long-term."
–@JamesClear
ETFs have made building a solid investment portfolio almost effortless.
As long as you own ETFs in various asset classes and sectors, your portfolio will be very well diversified.
Check out my newest article on Medium.
5 Powerful Habits You Need to Start Today to Join the Top 1% Income Earners
There is no excuse.
Get out there and start taking action.
link.medium.com/exWaR0G9Y8
Don’t think for a second that you have to be invested full-time in the stock market to make a fortune.
Because you don’t.
Stock investing can be as passive as you want it to be.
When you’re paying off debt, credit cards are often first priority.
Credit cards usually hold higher interest rates than common loans you might have.
#FocusOnInterest
If you have more than one card carrying a debt balance, pay off the one with the highest interest first.
Financial independence: “having enough income to pay for one's living expenses for the rest of one's life without relying on formal employment.”
The phrase “I’m financially free” is tossed around casually.
Know the difference between debt free & F.I
Work towards both!
Anyone who claims they can predict the direction of the stock market is selling you a pen with no ink.
Of course, through the use of technical analysis tools like stock charts and indicators, you can make a better prediction of stock movement, but it will never be 100% certain.
How much do I need to start investing?
- You don’t need a significant amount of money to start investing in stocks. Start today, even if it means only investing small amounts at a time. Got $10? You have enough to get you started.
Stocks have been a cornerstone of building wealth for investors for over a hundred years.
That will never change.
If you want to be serious about building wealth for you and your family, stocks are one of the greatest ways to do it.
Changing your life comes down to 3 things:
- You taking responsibility
- You being consistent
- You working hard
In fact, when you look at that
It only comes down to 1 thing:
- You
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