15 Personal Finance Lessons Everyone Wishes They Knew Sooner

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 392

  • @alux
    @alux  Місяць тому +10

    Hello Aluxers! For number 16….what do YOU wish you’d learnt sooner?
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    • @Tiaffo
      @Tiaffo Місяць тому

      I wish I learned earlier the value of relationships and reputation.

    • @brianjohnson1804
      @brianjohnson1804 Місяць тому

      excellent job. this should be a course.

  • @Aarrenrhonda3
    @Aarrenrhonda3 15 днів тому +208

    Gaining more financial independence is probably the result of investing and understanding personal finances. People can save, spend, and invest their money wisely if they have a solid understanding of finance and investment. A trader in this recession-impacted market earned nearly $350,000.

    • @bobwright-90
      @bobwright-90 15 днів тому +2

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a-lot of wealth transfer in this downtime if you know where to look.

    • @jerrycampbell-ut9yf
      @jerrycampbell-ut9yf 15 днів тому +2

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @Mrshuster
      @Mrshuster 15 днів тому +1

      bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

    • @jerrycampbell-ut9yf
      @jerrycampbell-ut9yf 15 днів тому

      Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @Mrshuster
      @Mrshuster 15 днів тому

      I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

  • @ryanwilliams989
    @ryanwilliams989 Місяць тому +703

    Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

    • @StellaMaris-lv2uq
      @StellaMaris-lv2uq Місяць тому +1

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a-lot of wealth transfer in this downtime if you know where to look.

    • @hunter-bourke21
      @hunter-bourke21 Місяць тому +3

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @maggysterling33254
      @maggysterling33254 Місяць тому +1

      @@hunter-bourke21bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

    • @hunter-bourke21
      @hunter-bourke21 Місяць тому +1

      Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

    • @TheresaAnderson-kf5xw
      @TheresaAnderson-kf5xw Місяць тому +1

      I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

  • @GillerHeston
    @GillerHeston Місяць тому +244

    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.

    • @rogerwheelers4322
      @rogerwheelers4322 Місяць тому +4

      Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.

    • @joshbarney114
      @joshbarney114 Місяць тому +4

      I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.

    • @FabioOdelega876
      @FabioOdelega876 Місяць тому +2

      This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?

    • @joshbarney114
      @joshbarney114 Місяць тому +4

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about three years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @FabioOdelega876
      @FabioOdelega876 Місяць тому +4

      Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

  • @JosephZerafa-l3g
    @JosephZerafa-l3g Місяць тому +71

    Hi! I'm excited to be here in your channel and I'm interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.

    • @BruceRogers-t4q
      @BruceRogers-t4q Місяць тому +1

      Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i don't just have idea on market strategies.

    • @SergioMartinez-i4n
      @SergioMartinez-i4n Місяць тому +2

      The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

    • @JakubKrempasky-f7h
      @JakubKrempasky-f7h Місяць тому +1

      This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800k

    • @RozaliaWelczak
      @RozaliaWelczak Місяць тому +1

      Mind if I ask you to recommend this particular coach you using their service?

    • @JakubKrempasky-f7h
      @JakubKrempasky-f7h Місяць тому +1

      ​@@RozaliaWelczakCaroline Suzan Olson
      Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

  • @Devanreavesrealty
    @Devanreavesrealty Місяць тому +27

    The partner you choose can be your greatest asset or your greatest liability

  • @RubyOliverm5l
    @RubyOliverm5l 19 днів тому +263

    Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

    • @SofiaJames9H
      @SofiaJames9H 19 днів тому

      People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @ElizabethElijah2g
      @ElizabethElijah2g 19 днів тому

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @JulianBenjamin3d
      @JulianBenjamin3d 19 днів тому

      I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

    • @ElizabethElijah2g
      @ElizabethElijah2g 19 днів тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

    • @JulianBenjamin3d
      @JulianBenjamin3d 19 днів тому

      I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

  • @Ellychannel79
    @Ellychannel79 Місяць тому +37

    I wish I knew sooner that student loans were a huge mistake.

    • @thatswhatuthought
      @thatswhatuthought Місяць тому +2

      Me too!!!

    • @urimsylejmani4607
      @urimsylejmani4607 Місяць тому +1

      If u would finish university in Kosovo you would have no student loans❤

    • @miguelangelramirezchavarri3801
      @miguelangelramirezchavarri3801 Місяць тому +3

      I think it's a trap, because the jobs don't pay you back what you invested in your degree.

    • @Agentxile
      @Agentxile Місяць тому +1

      My first 'real job' was inside a bank's graduate student loan department. Seeing people borrow upwards of $200,000 (long ago) made me cringe. The fact that repayment was deferred made it obscene. I felt bad sending past due notices. I left after six months.

  • @Russelbobby45
    @Russelbobby45 Місяць тому +48

    The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

    • @AlbertWillie628
      @AlbertWillie628 Місяць тому

      Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

    • @BradleyRaiph
      @BradleyRaiph Місяць тому

      It is remarkable how much long term
      advantage people like us have gotten by trying to be consistently not stupid,
      instead of trying to be very intelligent.

    • @TheresaDiana12
      @TheresaDiana12 Місяць тому

      The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @RandyVincent808
      @RandyVincent808 Місяць тому

      Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?

    • @AlanJuan52
      @AlanJuan52 Місяць тому

      Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

  • @TomTahk-fn6si
    @TomTahk-fn6si Місяць тому +43

    *Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*

    • @Aldanelvillanueva530
      @Aldanelvillanueva530 Місяць тому

      VENTURING into the trading world without the help of a professionals, trading and expecting profit is like turning water into wine you would need a miracle...

    • @LeslieDcobbs-of7ie
      @LeslieDcobbs-of7ie Місяць тому

      GOOD CONTENT !!! Very engaging right from the beginning These are tough times and frankly I appreciate how you discuss global finances in such a delicate way . Business and investment

    • @StevencrookRecovery
      @StevencrookRecovery Місяць тому

      Experted Judy Arianna was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Judy Arianna.

    • @HeatherAnabelle
      @HeatherAnabelle Місяць тому

      The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.

    • @ChimaobiIkechukwu
      @ChimaobiIkechukwu Місяць тому

      Wow. I'm a bit perplexed seeing Judy Arianna. name been mentioned here also. Didn't know she has been good to so many people.

  • @Sumit-g1q
    @Sumit-g1q Місяць тому +12

    All rules are good. In addition to these rules I wanna add one more rule which I follow- ‘If you can’t buy it twice, Don’t buy it.’

    • @MoneyOverEmotions
      @MoneyOverEmotions Місяць тому +1

      I pointed that out in one of my videos. That's when you can AFFORD that purchase. 💯

    • @supremevision631
      @supremevision631 Місяць тому +1

      I got one…just because you can afford it doesn’t justify buying it

  • @claralucas354
    @claralucas354 Місяць тому +27

    I just have to applaud your content man, well done. I remember having a consultation with a trade analyst last September, and it was incredibly insightful, at least $150k---$1m profits. Can't say enough how helpful expert's in this field are.

    • @henrymark1379
      @henrymark1379 Місяць тому

      Trading in Bitcoin now is the wisest thing to do now especially beginner....

    • @samuelroddy5382
      @samuelroddy5382 Місяць тому

      Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.

    • @claralucas354
      @claralucas354 Місяць тому

      Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders

    • @Patrickleo354
      @Patrickleo354 Місяць тому

      Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.

    • @Michaellfred
      @Michaellfred Місяць тому

      You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?

  • @ClayneBanks
    @ClayneBanks Місяць тому +108

    Alux is the best!!
    Small lessons = big impacts !!!

    • @BarbaraPearson55
      @BarbaraPearson55 Місяць тому

      I’m struggling to pay off debt, set up an emergency account and invest as don as possible.

    • @BarbaraPearson55
      @BarbaraPearson55 Місяць тому

      Getting rich is difficult

    • @RaphaelSafr
      @RaphaelSafr Місяць тому

      Managing Money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times, while orders tend to avoid them. Well, at least my advisor does too.

    • @LSBContractingLLC
      @LSBContractingLLC Місяць тому

      How did you find a good finance advisor? How do you know if they are trustworthy and competent.

    • @RaphaelSafr
      @RaphaelSafr Місяць тому

      On my own i seek out several of these financial advisors, made sure the one i settle on is a fiduciary and not a fake.
      Know what you're getting out of it and see if your targets can be met.

  • @Master0fHyrule
    @Master0fHyrule Місяць тому +33

    Don't buy art. Stocks are safer.

  • @FredMeyer-no3ji
    @FredMeyer-no3ji Місяць тому +556

    Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do

    • @David.ALeitch
      @David.ALeitch Місяць тому

      @TysonZayneYou're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?

    • @AbdulazizMuhammad-c3i
      @AbdulazizMuhammad-c3i Місяць тому

      This could actually be a good time to buy more of your high conviction stocks or crypto on a discount.

    • @JeffMcCormick-l1n
      @JeffMcCormick-l1n Місяць тому

      Though I started with as low as $15,000 actually because it was my first time and it was successful, She's is a great personality in the state

    • @CariMaddie
      @CariMaddie Місяць тому

      She's always active on Whats~App...

    • @CariMaddie
      @CariMaddie Місяць тому

      785

  • @flora8525-y6k
    @flora8525-y6k Місяць тому +531

    *Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*

    • @flora8525-y6k
      @flora8525-y6k Місяць тому

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

    • @WillPerry-b7r
      @WillPerry-b7r Місяць тому

      Interesting! But I'm new here. How can I get to this person's guidelines??

    • @flora8525-y6k
      @flora8525-y6k Місяць тому

      She mostly interacts on Telegrams, using the user-name,

    • @flora8525-y6k
      @flora8525-y6k Місяць тому

      Marypete79💯..that's it

    • @MuchParrill
      @MuchParrill Місяць тому

      She's the best honestly I'm also a beneficiary. This inflation has taught people the importance of multiples income investment

  • @NatalieFormor
    @NatalieFormor Місяць тому +618

    Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p Місяць тому

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @LejlaGöransson
      @LejlaGöransson Місяць тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @DanielOrstein
      @DanielOrstein Місяць тому

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @LejlaGöransson
      @LejlaGöransson Місяць тому

      Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

    • @Robbertskypes
      @Robbertskypes Місяць тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @dinisluis76
    @dinisluis76 Місяць тому +51

    Fantastic video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

    • @crystianadazi
      @crystianadazi Місяць тому +1

      Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

    • @samuelowen-p5z
      @samuelowen-p5z Місяць тому

      If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.

    • @porter-y8p
      @porter-y8p Місяць тому

      ​I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
      Highly recommended

    • @jackadalson
      @jackadalson Місяць тому

      Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people

    • @madisonaaric
      @madisonaaric Місяць тому

      ​I'm also a huge beneficiary of her..
      I thought myself and my family were
      the only ones enjoying Fenella
      trade benefits

  • @Agentxile
    @Agentxile Місяць тому +3

    I wish I knew how to purchase real estate right after college. I don't mean a general guide like, find a property, apply for a mortgage, and go to closing. I'm seeing way too many generalized books these days. I wanted information on the same level as if I was getting a real estate license.

  • @perla8888
    @perla8888 Місяць тому +4

    I wish I had started a business sooner. I am currently in the process of starting my first business, and I am scared but super excited at the same time!

  • @lindaweedmark6025
    @lindaweedmark6025 Місяць тому +2

    Please do one on pulling your life out of the fire at age 65. I need to know what is still good to do such as investing or opening a savings account.

  • @Jhustleakaimreddi
    @Jhustleakaimreddi Місяць тому

    Spending money in relationships!! WE NEED THAT TOPIC!! 🎯🎯🎯💯‼️‼️💯🚨🚨

  • @ChosenKhaza-
    @ChosenKhaza- 26 днів тому +14

    I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Emily L Romano, imagine investing $12,000 and received $305,500.

    • @SarahGarbeth
      @SarahGarbeth 26 днів тому

      You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment

    • @ClintonFabian-j7u
      @ClintonFabian-j7u 26 днів тому

      Mrs Emily L Romano was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Emily L Romano.

    • @KyraFabulous
      @KyraFabulous 26 днів тому

      She must be really dedicated and well trusted for people to talk much good about

    • @JessicaWilson7w
      @JessicaWilson7w 26 днів тому

      the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional

    • @Preciouspeterson225
      @Preciouspeterson225 26 днів тому

      I Started with $5,000 and Withdrew profits $89,000

  • @codegreenie3429
    @codegreenie3429 Місяць тому +6

    I got here SOONER to learn SOONER

  • @adocuric9154
    @adocuric9154 Місяць тому +1

    Funny. Some of people say save your money for bad times and if you do that other people say if you save your money it will lose his value later. If you invest and if other people who save their money don't buy anything you will not get wealthy. 😂

  • @ShiftingSands123
    @ShiftingSands123 Місяць тому

    At 17 people told me I had time, that was a lie. Those same people didn’t help when I turned 27. At 30 years old I’m doing well but I wish I didn’t listen to those people, stuck with my gut and intuition, put my head down, and worked.

  • @patrickadams7120
    @patrickadams7120 Місяць тому

    16......Getting completely out of debt.....it brings a level of peace you couldn't possibly imagine

  • @jobonzai
    @jobonzai Місяць тому +1

    I wish I learned about compounding interest

  • @Typhon-onepoint34
    @Typhon-onepoint34 Місяць тому +2

    What I learned to late is that opportunities not present themselves but instead you create them

  • @kristianvepsalainen1746
    @kristianvepsalainen1746 Місяць тому +1

    If your native language is small language (for me Finnish) learn two big language as fast as possible. In Finland, English is mandatory in school but other big languages like Spanish or Frensh are volantery.

    • @danielsz3281
      @danielsz3281 Місяць тому

      It is not about what you learn, it's about what you do with that knowledge (how you monetize it)

  • @Thelittlebirchhouse
    @Thelittlebirchhouse Місяць тому

    I wish I knew to create a baby or family fund when I was in my 20s. I’ve been a SAHM for 3 years now and I’m just getting by. I have a fantastic partner but I really wish I had put money aside for this period of life to take some of the strain (not in a position to return to work until next year)

  • @andreipopleaca1608
    @andreipopleaca1608 Місяць тому +3

    Never forget to enjoy life, you only got 1

  • @Everest-mp8wr
    @Everest-mp8wr Місяць тому

    Number 16 thanks to Rich Dad Poor Dad I wish that I had learned sooner that you don't have to be rich to escape the rat race, but only need enough money from assets to be equal or greater to cover your expenses. For instance if you make $20,000 a year and your annual expenses are $10,000 a year then your assets don't need to make you $20,000 or more, but just $10,000 a year or more.

  • @ronaldcambridge3126
    @ronaldcambridge3126 Місяць тому

    As a "Boomer", I can genuinely say and acknowledge that if I only knew 1/10th of what I know now... Granted, most things seem to appear better in hindsight but there's real value in heeding what has transpired in relation to present and future experiences (especially from a financial perspective).

  • @azintern2
    @azintern2 Місяць тому

    Yeah, I’ve learned about not lending money to good friends unless you’re ok with them never paying it back. “ oh I’ll pay you back” yeah right. So I no longer lend money unless it’s a life or death situation

  • @jidennadibor6089
    @jidennadibor6089 Місяць тому

    Hello, Alux. I'm a big fan of your channel and I've been follow up for years now. I have a slight problem... I signed up to masterworks and the minimum amount I'm allowed to invest is $500. I thought it's meant to be lower?...

  • @KhunShawn
    @KhunShawn Місяць тому

    18:12 That information like this is on the internet for FREE!

  • @antoinesims4119
    @antoinesims4119 Місяць тому

    16 bonus: The true value of physical precious metals. If I learned about this 20yrs ago, I would have alot more n feel more secure

  • @charlesjohnson7458
    @charlesjohnson7458 Місяць тому

    "You can lead a horse to water, but you can't make it drink." My quote: You can lead a person to knowledge, but you can't make them think."

  • @TataLinoNetwork
    @TataLinoNetwork Місяць тому +1

    I wish I knew how love works earlier in life. Now I'm stuck with a partner which I thought I love but is now just a liability.

  • @AntonioPerez-bv7mk
    @AntonioPerez-bv7mk Місяць тому

    #16 - Wish i was provided resources in school to help at least learn about financial literacy from outside sources such as classes

  • @Bluthdon
    @Bluthdon Місяць тому

    #16 Follow the Gold and Rule (especially for younger investors)
    As long as you're not stupid with money buying meme stocks and shit coins, you can afford to buy the dips in blue chip stocks/ ETFs/ Index Funds and largely ignore them for X years

  • @slaughterking5625
    @slaughterking5625 Місяць тому +1

    Alux are the best fingers crossed 🐋🤞🏻🤞🏻🤞🏻🤞🏻🤞🏻👌🏻👌🏻💯💯

  • @bishopdon3641
    @bishopdon3641 Місяць тому +1

    i wish i knew sooner to work for a profit over working for wages

  • @PaulProsperInvestments
    @PaulProsperInvestments Місяць тому +1

    Great video! I wish I knew that most of the people who I thought were rich were acting rich and really broke.

  • @DBragz
    @DBragz Місяць тому

    16. Always try to think outside the box

  • @duskcannysnap616
    @duskcannysnap616 Місяць тому

    No 16 ?. Treat money like a stepping stone, learn about it, grow it, use it , invest it, master it , control it , benefit from it, do good with it ( The earlier the better ! )

  • @jdpearl7321
    @jdpearl7321 Місяць тому +1

    I wish I came across Alux sooner😊

  • @KláraMaškov54
    @KláraMaškov54 Місяць тому

    While these personal finance lessons are worth considering, I wonder how many people actually apply them. It’s easy to say what we should do, but putting it into practice is another story. Which lesson do you think has the most impact?

  • @cjrealestate-4159
    @cjrealestate-4159 Місяць тому +1

    Number 16.
    Malachi 3:10- Bring back the 10% to God. Then the heaven will open to poured out more Blessings!

  • @emersonjustino3740
    @emersonjustino3740 20 днів тому

    Loved hearing the Alux lady saying "Nah", so funny!

  • @Artfullycurious
    @Artfullycurious Місяць тому

    That people’s patterns speak louder than their words. How you do something’s is often how you do everything.

  • @clementifangblog8583
    @clementifangblog8583 Місяць тому

    No 16
    I Learn if I know,I could have focus more on real estate investment than spending 💰 anyhow..

  • @Helena-ou8ry
    @Helena-ou8ry Місяць тому

    You can lower your expenses drastically by sharing things, be it rent, a taxi, food costs or sports equipment.

  • @Particamuwowo
    @Particamuwowo Місяць тому +1

    Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in

    • @JasonB.Chisolm
      @JasonB.Chisolm Місяць тому

      I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

    • @manueldrum
      @manueldrum Місяць тому

      I stopped listening and taking financial advise from these UA-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @KarenJ.Mancia
      @KarenJ.Mancia Місяць тому

      Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @manueldrum
      @manueldrum Місяць тому

      Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @CharlesT.Foster
      @CharlesT.Foster Місяць тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @JonathanBgx
    @JonathanBgx Місяць тому

    It's easier to appreciate entertainment content than educational content.🤔
    Nowadays, it seems like our brains need more effort to concentrate and enjoy good educational content on the internet, even if we know it will make us grow 😅 compare to watching entertainment and funny content.

  • @auro1986
    @auro1986 Місяць тому

    narrator says you all need to personally watch 15 videos in alux channel daily so that wish of alux channel to increase finances become reality

  • @wlady4000
    @wlady4000 Місяць тому

    mu bonus, think before you spend. As usual this has been ana amazing video Alux

  • @ObogheneAkpoarherhe
    @ObogheneAkpoarherhe Місяць тому

    This video came at the right time. I just blew 70k and learnt the hard way that I don’t have financial wisdom 🤧.

  • @somerandomfella
    @somerandomfella Місяць тому +2

    Alux lady will never understand why men love their cars 😔

    • @beechoudhury8484
      @beechoudhury8484 Місяць тому +1

      She did say, if you can afford it, buy it. But nobody else cares as much about your car as you do.

  • @RamonRodriguez-hq7vn
    @RamonRodriguez-hq7vn Місяць тому +7

    1. Payoff debt, quickly as you can.
    2. Set up an emergency account. You can't set up an emergency account, if you're still struggling with debt.
    3. Start investing for your later years.
    That's what I did.

    • @themachine8009
      @themachine8009 Місяць тому +1

      Do u buy ur own mutual funds online? I’m a beginner and I’m deciding which company to use?

    • @SandeepChetia
      @SandeepChetia Місяць тому

      🙏🏽

    • @mrcmid9132
      @mrcmid9132 24 дні тому

      ​@themachine8009 start buying the s&p500 index with 10% of your paycheck or however much you can afford.

  • @thakurtimmy8624
    @thakurtimmy8624 Місяць тому +1

    Thanks aluxes lady u r awesome 👌 👏

  • @mahanteshgadag1386
    @mahanteshgadag1386 Місяць тому

    Starting early, taking risk and investing in financial knowledge will make a huge difference in creating wealth

  • @ruthosasah4272
    @ruthosasah4272 Місяць тому

    I live for the collection. Wearable pieces ❤

  • @Z3ro42
    @Z3ro42 Місяць тому

    Even best friends who promised to pay me yo no 15 was the only mistake I was a victim of numbers of time it was risky but now no longer

  • @DreamingGhost
    @DreamingGhost Місяць тому

    #15 should be "Borrow an amount of money that you are not afraid of losing."

  • @DanielLaurencin
    @DanielLaurencin Місяць тому

    16 What I wish i learn sooner is
    never ever talk about your deepest self, with anyone. if you do that then they will like you now, but overtime they will look at you as a boring person that is not interesting anymore or they will look down towards you especially when you trying to open up it might feel like your reputation is affected, and it will be a little harder to move forward if everyone knows who you are.
    the truth is if you leave in a small country people will talk a lot witch is not good for anyone that is trying to keep they lifestyle a secret, as they are bettering they self secretly, in other to leave the life they dream of leaving in the future when they are moving forwards secretly. or they have a clear reason why they want to isolate they self from others badly

  • @Bsnsdnndd1
    @Bsnsdnndd1 Місяць тому

    Being financially educated and applying the knowledge in your life for a better future.

  • @KrispinSakala
    @KrispinSakala Місяць тому

    I wish I have knew early that this up is the best ❤
    Zambia 🇿🇲

  • @jedidiahwhite3604
    @jedidiahwhite3604 Місяць тому

    I wish I knew sooner that life is a journey it's not about the destination it's more about the road you took to get there

  • @snowbum007
    @snowbum007 Місяць тому

    I wish I knew about prenups earlier.

  • @mysticaltyger2009
    @mysticaltyger2009 Місяць тому

    10:00. I know several people like that 70 year old broke woman in shared housing and scraping by, both male and female. It's not a pretty picture.

  • @tombradykobebryant2179
    @tombradykobebryant2179 Місяць тому

    I love your voice Ms queen...fuck who dont like it

  • @lilywood8266
    @lilywood8266 Місяць тому

    Wish I knew earlier that it doesn't get easier to save in the future unless you are able to save from where you are right now.

  • @MGTOWmademeMillionaire777
    @MGTOWmademeMillionaire777 Місяць тому

    #16- i wish i knew about mgtow younger.
    I'm 36 now, but i wish i knew it since school
    Luckyly im single and no kids ❤❤❤

  • @garyjust.johnson1436
    @garyjust.johnson1436 Місяць тому

    The difference between Volunteering my time for a good cause and getting used for Free Labor.

  • @supremesancho5009
    @supremesancho5009 Місяць тому

    A car is an expression of self ma'am you wouldn't understand not all good cars are expensive but they can be

  • @ajokeoladeji4871
    @ajokeoladeji4871 Місяць тому

    Only lend money to people, if you're okay with them not paying back. Many a relationship has been lost in the land of unpaid loans

  • @marcussmith7534
    @marcussmith7534 Місяць тому

    Alux lady is hilarious 💛

  • @mohamednanji6705
    @mohamednanji6705 Місяць тому

    You wish you’d have known sooner that PRAYING leads to success 😅

  • @authentikqualitymerch747
    @authentikqualitymerch747 Місяць тому

    UR Analogie$ & $rategie$ Are Amazing💍❤

  • @mrblue21974
    @mrblue21974 Місяць тому

    Compound interest.

  • @jaypal3815
    @jaypal3815 Місяць тому +1

    Love your voice

  • @ludwewillyobiya
    @ludwewillyobiya Місяць тому

    Unpopular Fact: YOU MIGHT NOT EVEN MAKING IT TO YOUR RETIREMENT AGE! Just enjoy life.

  • @justustindyebwa257
    @justustindyebwa257 Місяць тому

    16. Invest more in yourself than you do in your job

  • @andyhyde6222
    @andyhyde6222 Місяць тому

    16...invest my money sooner in stocks safer than the so called get rich quick schemes.

  • @camilomismo
    @camilomismo Місяць тому

    parents should have taught me about money rules when young

  • @albertjanderson
    @albertjanderson Місяць тому

    How to save money and don't touch it.😅

  • @keithhager199
    @keithhager199 Місяць тому

    Neither a borrower or lender be.

  • @rabilahaiwas5901
    @rabilahaiwas5901 Місяць тому

    Magnificent

  • @Omonike88
    @Omonike88 Місяць тому

    I wish I'd learned to become debtfree sooner.

  • @gabrielchaong
    @gabrielchaong Місяць тому

    I am attracted to Master Work..

  • @anastasiatempest761
    @anastasiatempest761 Місяць тому

    I wish that I had a higher consciousness. I was born into very bad circumstances.👨🏽‍🦽

  • @cindyvan7570
    @cindyvan7570 Місяць тому +2

    I wish I had learned to take better care of my health by managing stress better.

  • @delontewilliams4090
    @delontewilliams4090 Місяць тому

    Checking(s) account

  • @olly2027
    @olly2027 Місяць тому

    You have to spend 50 dollars every time, just to get three dollars back.

  • @thriveatworkwithWaqasMalik
    @thriveatworkwithWaqasMalik Місяць тому

    Depend on yourself

  • @senseity7477
    @senseity7477 Місяць тому

    The cars attract investors

  • @careyamani117
    @careyamani117 Місяць тому

    Great 👍🏾

  • @JSFGuy
    @JSFGuy Місяць тому

    What time