Відео

@@tlsimpsonenterprises you're right to mention this. The personal aspect is super important, and in my view if you are going to struggle to manage the debt then I would just avoid it all together. Haha yes! We've all been there, a car payment has a special place in terms of debt and has it's own entire video on my channel 😅

it does?! Haha! I will have a trawl through later and try and find it - to complain again there! 😂

@@tlsimpsonenterprises I'll be clear in the Ad that's in an unpaid position 😅 that should reduce the applicants ten fold. Yes it was, I just wanted to show how I did it for my situation. But that's where the new LISA products replace the help to buy. Great point well made, it is a sacrifice. One that is easier for some based on their situation though for sure. Appreciate the continued support bro 👊

@@sierrah6242 first congratulations one getting into university and good luck with the first year! Rich parents definitely would help! I too didn't have this so I can relate for sure. Savings during uni is tough and in all honesty I focused on getting high grades and enjoying the experience. That being said I never went into personal debt (other than the student loans of course) on credit cards etc. In my opinion, a small part-time job (weekends or evenings) can help. I mostly was able to live off of my student loan, so any money I did earn I put into savings. I also did a sandwich course, so the year between 2nd and final year studies enabled me to save a lot of that salary I earned. Other than this though I would say that you'll never have more freedom and time than the next 3/4 years. It's a great chance to grow and develop as an individual so provided you're not going into credit card debt or personal loans, just focus on the grades and enjoying the time. The money will come later 🙏 Great question - best of luck with your studies 🙏

@@burry218 I thought I had it in there. Around £125. It might be bucketed up in my fixed costs. I have a new updated video out now which details where I am at going into 2025 🙏

@@Gaffer01 that's super tough. I sympathise with you hugely. It will be harder now for sure, but what I would say is that I own my house myself, not joint with my partner. In my opinion, although meaning a smaller house, it feels better as I know we can afford it on one income. Although right now it's going to hurt and the emotions are really raw, hopefully with time a silver lining will reveal itself. Whether you get back together or not, use this time to reflect on what you want to achieve personally and build back up. There's no rush, all good things take time. Appreciate you reaching out to share this, my thoughts are with you. All the best 🙏

@ Thanks Courtney. I really appreciate the kinds words. I think i will need a pay rise at least to be able to afford my own house. Fingers crossed everything works it self out. Just need to get over her and then focus on myself.

@@Gaffer01 exactly that, just lock in and focus on healing for now. Build yourself back up and the rest will follow in time 🙏

@ebadrahman1290 you're way ahead of me at your age looking into this stuff. You've got the best asset which is time, any money saved and invested now will benefit from compounding so much more than me now at my age. Glad you found the content useful, all the best for your future finance goals 🙏 appreciate the comment.

@@majedti4126 black or red? 😅

@@CourtneyJonesFinancial im not being funny. start trading or fall behind.

@@majedti4126 fair point. I read this as casino gambling rather than trading. I explain this in later videos, I'm currently investing in a property so once this is complete I will look to focus funds or other assets (such as EFTs stock etc...)

@@CourtneyJonesFinancial yea buy property for 5% gains a year uhh why? you need max risk

@@majedti4126 the property isn't solely for a gain. The idea being they will be fully paid off with no financing providing security and flexibility of location (hopefully). As property prices continue to rise in my opinion it makes sense to get this built and paid for earlier. Investment losses are then easier to manage when the money isn't required for building. Of course, this is just my opinion and I've always tended to be more risk adverse. Hats off to you though, always great to get different perspectives so I will look to see how to incorporate more higher risk investing into my strategy 🙏

@@Indowaindowa thank you for the feedback! Glad you enjoyed it and found some value here. Ah so he was a handsome guy too then 😂 hopefully he's not doing a finance channel too otherwise he's stolen my niche. Appreciate the comment 🙏 all the best

@@adilnizam2120 great suggestion. I will definitely add it to the list and hopefully get out a video soon. Of course, I can give specific advice but will for sure put out some general review points on what the best products are, in my opinion 👍 Thanks for the comment 🙏 All the best.

@@rajansandhu3965 of course. I'm working to try and share these, but if you're able to build it from the video please do so! Glad you liked the video, all the best 🙏

@ Amazing, thank you. Keep up the content, it’s really helpful!

@@Izaiah1SP yes the former. That's why I mentioned if I were able to have the same situation as previously this would be ideal. I upped the rent in the 2025 example to £500, so I guess if you had to add bills it may be closer to £600/£700. Great question 👍

@@mikerophone324 you're not wrong. The landscape is very different and I used this as a broad guide using my own scenario as a base. The interest rate landscape has changed dramatically. In the same way as not talking about the rates, I chose to not inflate my salary to today's money to focus this on the raw house price difference. Hopefully the video just shows the difference in savings to 10%. I think factoring in all aspects would make it a much different, and lengthier video so I may try to add additional elements in future videos. Appreciate you taking the time to state this though as it's a super important point to highlight. All the best 🙏

@ Yeah it’s interesting stuff. The extent to which you can borrow increasingly depends on your income, as borrowing can be as low as 3-3.5x income right now. In the financial models I built for myself, I was modelling based on borrowing 3-4x income against house prices around 8x income. I was using my former trainee accountant salary of £22k, against starter homes in the low £200ks, with the expectation that that salary would rise over time and close into 7-8x, for example with a pay rise of 50% to £33k while the house stagnated in the £200-240k range. That was mostly looking at a 3-4x salary downpayment (approx £100k), and most of the effort was centred around generating that level of deposit. Specifically with a two job setup with the expectation of downscaling or deleting the second job later on. Of course that has interesting effects on careers like accounting where the expectation is that you’ll be studying towards qualifications early on (which is unlikely if working two jobs), but mitigates the alternative of studying for a job that potentially isn’t there or doesn’t pay as expected (even chartered jobs can pay in the 30s in many cases).

@@mikerophone324 sounds like a pretty epic model you've built there. I would love to incorporate some more details and have more variations but it's difficult to keep the videos clear and concise when adding more complexity. Maybe I'll try and build up to this over a number of videos but it's great to hear some feedback from someone who is closer to the current state of things. Pay rises can also be hard to factor in too, as these can vary massively. Appreciate the input here though 🙏 all the best

@ yeah pay rises aren’t typically a simple exponential. In fact, an exponential is likely to outperform reality most of the time. It’s much more likely to be a stagnation followed by a jump, and a simple exponential would have anticipated pay rises along the way that didn’t materialise, as it’s usually assumed to be connecting highs, e.g. I will earn £35k in 5 years after getting this promotion. I will look forward to seeing what comes out!

@@harrywoodhall3136 great to hear you're finding these useful 👍 you're in an awesome position by looking at your finances this early on so more credit to you! My main learning is 'little and often'. Each small step/savings/learning you can make over time will compound and grow to set you up well in future. You've got the greatest asset, which is time so it's nice to see you using it wisely. Much more sensible than I was at your age. Congratulations and best of luck in your first role. I appreciate the feedback and kind words 🙏 all the best.

It's a deposit on a house that is worth £160k I presume

@@Venturec4pital on review I see how the title may make you think this 😅 The house itself was £160k, so it was saving the deposit needed for a house of this value.

@@zac4539 exactly this 👍 thanks for clarifying

Clickbaiting hard 😂😂

@@CableStrand was not intentional 😅

@@LawrenceTimme the important thing is you got there in the end though! We all have different paths and the learnings we get from each journey can sometimes be just as important as the financial savings. The lost interest is a bit painful though 😅 Appreciate you sharing. Thanks for the comment 🙏

@@aaronbbb5675 thank you for the kind words. The editing is a little off and nervousness is definitely there but glad you still enjoyed it. Appreciate the comment 🙏

@@lilsels glad you found value here. Appreciate the comment 🙏

@@mrsrockbison £40k is a good salary so congratulations 👏 I'm sure you'll reach your goals soon! The channel is designed with that idea in mind as I feel personal finance is a topic that is not discussed enough. So it's great to hear you're using it for just that. Appreciate the comment. All the best 🙏

@@jxy_1533 really appreciate you sharing this. It's great to get different perspectives and viewpoints. Firstly, well done for continuing to apply. Everyone struggles job hunting, I know I did too and it can feel super disheartening with all the automated replies. But you'll get there 🙏 Society as a whole isn't transparent when it comes to money, so that's what this channel is trying to tackle. Great to see more people getting involved. Macro economics and political mismanagement can make it seem pointless at times. But I tend to double-down and focus on my own situation, as really it's the only thing in your control. I am aware of what's happening in the economy but in my view, I try not to let it phase me too much and just focus on myself. It's worked out so far. Thanks again for sharing. Glad you enjoyed the video and hopefully you find value here. All the best 🙏

@CourtneyJonesFinancial legend.

@@WilliamWhite-d4t thank you. Yes I am fortunate and am grateful for where I am. I am looking to invest more and have started overpaying actually, so we're on the same page 👍 One of the vehicles has been gifted away too 🙏 appreciate the comment.

@@harveyjayawardena1108 yes, this is an average though. Sometimes I can be more and sometimes less

@@fs5866 firstly, congratulations on the salary. Both individually and combined you're doing very well for yourself. It is hard, and definitely a view shared by many. Without being too political, I think mismanagement of public funds over the last few decades hasn't helped anything. I try not to focus too much on the macroeconomics as worryIng about it won't change much. We don't produce anything in the UK so we're more heavily impacted by outside factors. I have come to accept that what I thought a high salary would bring when I was younger is different to the reality. A budget has helped me plan where I want to focus my money to invest in the future. But I agree, it doesn't feel how I thought it would. Thanks for sharing. Appreciate you giving your views 🙏

@@KarolisZvirgzdas I agree, compared to the average it is a good salary for sure. Just wanted to show that it still requires a sensible budget though. Regardless of what wage you're on I believe budgeting is important to ensure you're able to track and manage money effectively. Thanks for commenting 🙏

​@@CourtneyJonesFinancial Of course everyone needs to be sensible with their finances. But also having 10k in savings after paying 3 cars, mortgage, student loan and holiday is absolutely insane. The majority of people in the UK can dream about a holiday, never mind savings. Also it sounds like I'm bashing you, but I'm actually very happy that you can live normally, like we all should.

@@KarolisZvirgzdas I am fortunate for sure. I worked hard to be here but will never take my position for granted as it's not guaranteed. Hopefully by sharing my experiences and learnings can help people should they want to follow my path. I'm down to two vehicles now too 😅 so coming back to the 'norm'. Didn't sound like you're hating, just a good discussion 👍 appreciate the comments 🙏

@@Linawouldrathernot great deal and a great suggestion to wait until the deals. I have had a look into this and have reduced it now slightly while keeping the same service 👌 I will look again around the sale time though Thanks for the comment 🙏

@@DeeChristiine that is high by comparison, but then I assume you're in a high cost of living area so it may be okay when looking at what is around you. If you can save when you renew then absolutely you should. Housing costs are by far the largest expense in most people's budget, so reducing this can be a huge boost for financial health. Best of luck with the renewal, appreciate you sharing this. All the best 🙏

@ thankyou! It’s been hard trying to find somewhere affordable but will definitely keep looking until I do! Do you do private coaching? I would definitely appreciate some advise if I share my financials with you

@@DeeChristiine you're welcome. Keep positive and keep looking, I'm sure something will come up soon. I don't/can't provide investment or financial advice as you need further qualifications to legally do this (CFA). I can look from a budgeting perspective, but it's not something I am currently doing. Have a look at my 2025 budget planner and see if it's useful. If you like the look of this we can then see about how to adapt it if you're not confident following along yourself 👍 I'm working on getting out some free guides - but work is currently quite busy so this may be a few weeks now.

@@Fillup82 it's all relative to where you live for the most part. I'm fortunate that it's a decent wage where I am, but in some areas around London it could be considered tight. Maybe I should look to move further north from the sounds of it though 😅 Thanks for the comment 🙏

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

You are right. Been thinking of going into gold and cyptocurrency

It's obvious everyone is doing this online Investment

​@@Kennet.Bell. I totally agree with you it has been an eye-opening experience for a lot of people.

@@mvdthreestrikesjujitsu6613 it is tough out there for people in different situations for sure. My house is relatively small and I purchased it a little over 5 years ago which is why I was able to get a low mortgage compared to now. What everyone is struggling to adjust to is the permanent lower standard of living compared to a decade ago. The printing of money during COVID had embedded in the economy now and that's, in my opinion, what we were all feeling. Some moreso than others unfortunately. Doing your best as a single parent through this is an achievement in itself, I know that might not be comforting but thanks for sharing your experience 🙏

@@OMs-cu4tz I'm 32 now. Thank you for the kind words, appreciate the comment 🙏

@@marycash183 I have a detailed video out about my journey to become a chartered accountant. I went through the same degree as you so it should be a good guide to follow. In short though, a few more years of studying towards a professional qualification and then you should be there 🙏 Great question, all the best.

@@thecap5222 I actually managed this on less money to begin with. I only started earning £55k after being in the house for a few years. I will put out a detailed video on this next to show the timeline, but in essence it was two years of saving while renting a small room and doing pretty much nothing 😅 not the most glamorous of stories but it's what I did. No help financially no. Good question, thanks for the comment 🙏

@@thecap5222 you're spot on with this. It used to be my salary (£27k) when I purchased my house. I put out a video recently on budgeting on this wage, but it is considerably harder now with the cost of living impacting everyone.

@@MyCommonSenses it's for sure a view shared by many. I think money in general doesn't go as far as it did a decade ago. But then we have more technology and conveniences now which increase the cost of living in general too. It's a great discussion point. As the average salary is way lower it's hard to square away what a 'good' wage actually is. I do believe budgeting, living within your means and having a realistic view of what lifestyle is achievable all helps. But I appreciate I'm saying this from a fortunate position. It's a subject I want to touch on more in future so thanks for sharing your views 🙏 (Not sure what you'd want to save people from 7 minutes of my incredible editing skills though 😂). All the best.

@@KEDAMONOISTHEBESTFRFR yes they're a killer. I just treat mine as extra tax that'll get wiped off when I retire. As it does get wiped there is no point overpaying, in my opinion. I'd rather just focus on investing in other assets that I can use later in life and just let the repayments run their course over 30 years.

@@m93i a van is like a cheat code 😅 you can save so much money being able to do odd jobs yourself without needing to rent one. It costs the same as running a car too so it just ends up being a car with a massive boot! We also have some upcoming plans this year with it which I will share soon. Glad you liked the template. More glad to hear you're budgeting too 🙏 Appreciate the comment.

@@Venturec4pital good question. Bulgaria is where we're setting up. Beautiful country. We're cash flowing the entire project so we didn't get financing, probably why it's taken so long 😅 almost at the finish line so will share the entire process in an upcoming series. Appreciate the comment 🙏

WTF !!!! is that possible? you get paid in cash???

@ i have high earning jobs but it is very stressful both are at risk so might be made redundant in 2025, that is my net amount straight into my bank account

@@DanDoesDev rent is tough nowadays. When I used to rent I think it was around £550 for a one bed. This was 7 years ago now but shows the rate at which it's increased! My mortgage has gone up now since remortgaging in November, but it's still manageable.

@@user-vg1tt3vg9y I didn't either until I started looking into them. So it was 5 years ago I got my house, so I had a 5 year fix which I remortgaged in November 2024. Video is up explaining this process. In short you have to remortgage at the end of your term, usually either 2 or 5 years depending what you picked (other terms are available of course). Hopefully this helps. Thanks for the comment, good question 🙏

@@philharrison2991 I am not sure what you're referring to? Do you mean cost of living? I think in general the sentiment across the country is that it's more expensive now than say 5 years ago. But for me, I am very fortunate and I do accept that. This video is just an example of my situation.

@@mobolajiakinola3 welcome to the channel. Appreciate the support 🙏

@@Jordiejam this could be the case. There are a lot of changes now with HMRC being able to link to your bank account to see what you've earned. Always worth making sure you're below this amount for sure.

@@Mustayine thank you 🙏 it's been a great experience and this was just the icing on the cake. Appreciate the support. All the best.