Відео

learn to sell put and call and you can make more utilizing your stocks

Oh, cool! You guys have a PS5. What games do you play? Also, very nice video! Loved the little bit with the fox, very cute.

This makes me feel great all I have is a truck that I owe money on then whenever I buy a house that’ll be it unless something else comes up

Lets gooooo 🎉

Banger just wanted to come thru and say I did it I paid my insurance in full, I find it funny I work in a nursing home as housekeeper and we have ot/pt students training its mad relatable bc I know how it be, gonna try to make my money back, and continue my Roth good luck too you as well

Way more honest than I would’ve anticipated. This is very much appreciated

great video! appreciate you being so transparent and spreading positivity to pay off debt. Looking forward to following your journey and seeing you succeed :)

You're doing great! I highly recommend everyone invest monthly in an SP500 fund! No one can beat it! The compound interest will make you a very rich person in the long term! Congrats!!!

You are doing it right. And will have a wonderful life if both of you are this disciplined. It is that simple.

I'm in the same financial situation as you, but a little further down the road and I can say without a doubt that you're on the right track. I started off with about 170K of student loan debt 2 and a half years ago, and now that I just turned 29, my debt is now down to 60K which I'll likely be paying off in full soon as my HYSA interest is now lower than my loan interest. Aggressively paying it down has 2 major benefits, the first being the obvious: less debt. The second is that once the debt is gone (depending on how aggressive you were). you'll essentially have an entire additional income of cash flow (think what an extra 50K a year will do for you). All this is to say, good job and good luck! I started getting my full income a little later than you, so I'm hovering around 80K, but 100K net worth in 5 years is absolutely doable!

You're still young with plenty of time and you're making significant progress!

Nice work! I used to pay toward my loans every Sunday night. I used a spreadsheet and also wrote it out on my bathroom mirror.

Follow the Dave Ramsey plan instead! Great work so far tho!

Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

Good luck you are in the good path.

Watching in my 40s... And only just starting investing I feel so behind!

awesome how much financial knowledge you have at 25! btw do you follow ramit sethi? thats the only other person ive heard use the term guilt free spending lol

Your yearly income is a huge context you left out.

I’m 20 with $7,000 saved with a full time job car and rent. I have no parental help and I feel very good about the future I know $7,000 isn’t much but for me it’s a great stepping stone

Great stuff!!

Periodt.

The budget formatting looks good. I think it gets the job done for what you need. Around the 3:10 mark, you started to talk about concerns of going over a category. I have an average column that is next to each category that looks at the entire year. I use this as a guage during the year and for planning on next years budget. Might be worth adding.

I like how it's organized! Very promising that you're putting in the effort. Can't wait to see the 30 results!

Way to go Sandra. Gen Z listening

No one cares. Lol.

Honestly. It needs courage to make videos on topics like this! You go girl 🎉

Subscribed! Im tagging along to watch this all happen in the next 4 years

GOOD GOING SANDRA ! GREAT STUFF KEEP MOVING FORWARD YOU HAVE DONE REALLY WELL !

I’m 26 and 225k positive network in California. I’m self made first generation. Let’s get this!!

A god-fearing women does not live with a man out of wedlock? 😮

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

I hope it goes well for you!

She’s absolutely beautiful.

That is crazy. At 25 I was like 160k in debt but it was a house I didn’t go to school. Now I am a little under a million in debt and it is 3 homes with one paid off. Wife and I had aggressive financial goals. We put off having kids for about the first ten years of our marriage. Wish we had more kids now she is not able to get pregnant anymore. So we only have two. My unsolicited advice is you’re obviously doing well and have a great plan financially don’t put off having kids if it is something you want. If you don’t want kids great but if you do find the right partner and make it a priority before it’s too late.

One piece of advice, for your emergency savings, I recommend buying US Treasury ETF's instead of just cash because those pay you dividends. So if your goal to to have a 10k emergency savings, I recommend 8k in Treasury ETF and 2k in just cash.

* GOOD RESET *

This is just advice of what I’m about to say you have a lot of money in different areas and that’s a good thing but sometimes it’s not really of a big need. I would stop putting money into a fund unless if your car is so bad to the point where you know it’s gonna die like this year coming up in 2025 but then you would not look into buying a brand new car you’d buy a used car specially for your age. Don’t buy a brand new car, you’re gonna mess up your wealth even more. Personally, I would focus on investing your money in the Roth account and maxing that out put $100 a week into the S&P 500 and put it on auto pay and don’t think about it. Just have it automatically come out it’s $5200 for the year and then at the end of the year you can just max the rest of it out, your checking account or savings account that you saved I would do everything in my power to focus on yes paying off those student loan debts and I would not use any of those credit cards. I would in fact I would chop them up. Don’t close them but just chop them up. You don’t need credit cards they’re stupid and they’re only gonna affect your future growth of wealth, if you have to have a credit card pick your favorite one and simply be very careful when you use it you don’t need to have so many credit cards for traveling mileage. That is the dumbest thing I’ve ever seen no disrespect on how you think of it. I’m not trying to put you down. I’m just being honest with you no millionaire has ever said oh I love my mileage points. No, that’s not how they became wealthy, the whole point of money is to utilize it as a tool because that’s what money is. It’s a tool to get you farther in life to build you more money which is just more of a tool to get you farther in life that is it this piece of mind, where you can literally not worry about how am I gonna pay for the utilities? How am I gonna put food on the table and not feel broke because you have a massive savings and your retirement is fully funded and your growing equity in your life, and you have established a good. Bond with growing money that’s when you will feel peace in life. being financially stable is one of the most important things that people should understand and value in life and by the way, it’s always the little wins in life when you make money that’s gonna really feel like the biggest wins

Talk is cheap!

I’m curious sorry this kinda gonna be a long question I previously mentioned how I bought a new Camry etc etc I’m 22 my car insurance is the only true issue I’m having bc it’s so expensive previously was paying 758 a month they raised me to 808 but if I pay in full I’ll save 300 dollars like 300 cheaper from 758 a month basically my question regards to the fact that to pay the premium it’s about 4400 I have 4500 in checking 1k in savings the payment would be due December 4th I won’t get paid till December 6th so basically I’ll only have “100 dollars” but currently think if I grind door dash I’ll be okay, I have an 800 dollar car payment I do every time this way I can pay my loan off faster that would be December 19th and then I also wanna finish my Roth IRA I need to invest 2600 into it overall do you think it’s in my best interest to pay the car insurance in full or pay it by month even tho it’ll be a little more expensive

🔥

Snow tires very smart for the Prius

I feel blessed coming out of college with no debt. Keep up the grind and you will make it to six figures positive in no time.

My net worth at 25 is roughly $36k usd. However I didn't go to college or university so that kind of boosts the number a bit in comparison.

Love the transparency as an OT!

Pre tax high yield savings account? Why? Is it in your 401k or ira? and why?

Pro tip for the HSA, you will get more value out of it in the long term if you treat it more like a Roth IRA instead of an FSA. It's a triple tax advantaged account (the only one at that), so everything you put in is pre-tax, you don't have to pay capital gains tax on any investment gains, and you don't pay any taxes on distributions either. Leaving the cash in the account and invested is worth more than the immediate tax savings on current medical expenses. You can submit receipts for reimbursement whenever you want to, even if it is 30+ years after you incurred the expense as long as you keep the receipts. It's best to keep that money in there growing tax free if you can afford to cover medical expenses with regular savings, and then when you need the money later on you can submit the accumulated receipts for reimbursement.

Love the transparency and I do think that many people will get inspired by this or feel better about their situation! Congrats for being in 5 figure debt haha, hope you pay it off all very soon! All the best 🙌

Hope y’all enjoyed our city. New Orleans has so much to offer. We went to the concert too. It was phenomenal. We did Saturday when she brought out Sabrina.

Great vid! I'm 26 and just fully paid my house so my net worth is around $700k with no other debt! It's been a rough journey working days and nights but worth it.. Keep it up Sandra!

24 here with 190k net worth. Aggressively investing is key in my opinion. I would rather keep the debt and max out investments. The investments will grow faster than the debt