Net worth, income, investments - Financial planning and goal setting for 2024

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  • Опубліковано 12 січ 2025

КОМЕНТАРІ • 15

  • @thefinancialneurologist
    @thefinancialneurologist Рік тому +1

    Love the message! The goal that is not met, is the goal that's not set. I use Empower Personal Dashboard for my own financial tracking, it's free to use, a good alternative now that Mint is gone. My short term 2024 goal is saving for a house deposit, mid term goal is saving up the 529s for my daughters, and long term goal is retirement at age 50.

    • @lydiapatelll
      @lydiapatelll  Рік тому

      Great goals and thanks for the recommendation!

  • @Lovelandmonkey
    @Lovelandmonkey Рік тому

    This was a great video! My New Year’s resolution this year was to keep track of all my expenses now that I have a steady income, so it’s nice to hear that I’m already on track to becoming more economically minded! I’m so early on in my journey to financial independence that I sometimes can’t help myself but look at my budget sheet every day, it’s exciting!

  • @johnny8927
    @johnny8927 Рік тому +4

    You’re going to hit big sometime on YT, your organization and speaking skills are very clear and succinct - I subscribed for the fellow financial advice but also life advice for family
    Coming from a fellow pharmacist as well who’s always trying to invest financially but also in life as well

    • @lydiapatelll
      @lydiapatelll  Рік тому

      So happy to see fellow pharmacist friends ❤️ thanks for the kind words!

  • @oakld
    @oakld Рік тому

    Great to listen to organized person such as Lydia 👍👏 explain her thought process about home finances. Even though I don't like money and even more financial products of all kind, one can't escape it 😂. My approach has always been to live relatively humbly in contrast to what I can afford to have abundance and reserves, so I don't have to care much. Instead of financial products, I've invested in land, home improvement projects (solar, heat pump, etc.) and our little ranch and it's not only much more pleasing, but in fact the value has risen so much that its better than most financial products available. So a lot different approach, but some basic principles explained by Lydia still apply, though often unwritten and unspoken 😊

    • @lydiapatelll
      @lydiapatelll  Рік тому

      Thank you ❤️ living in abundance and comfortably with reserves is the ultimate goal

  • @moneywithjustliving5258
    @moneywithjustliving5258 Рік тому

    New Subscriber here. I just found your channel and it is great to be here.

  • @kristennegrotti7354
    @kristennegrotti7354 Рік тому +1

    Have you looked into Codie Sanchez? She has me wanting to buy a business as well, but similarly I'm pausing that for probably 5 or so years while we focus on investing in short terms. Loved watching this - can't wait to see your business goal!

    • @lydiapatelll
      @lydiapatelll  Рік тому +1

      Yes! Codie videos get me fired up and excited, but I have also seen some videos re-analyzing her laundromat numbers and coming to different conclusions. I’m undecided yet, there’s so much more nuance, and know I would have so much more to learn! (.. and then realizing wait I’m learning this to buy what? Something boring? Why not a vacation home then 😂)

  • @BrandonDoyleMN
    @BrandonDoyleMN Рік тому

    Very sound advice

  • @wdeemarwdeemar8739
    @wdeemarwdeemar8739 Рік тому

    Nice work..

  • @Harlyn-g7c
    @Harlyn-g7c 2 місяці тому

    🎉