If You Have $1000 in the Bank Do THESE 5 Things

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  • Опубліковано 11 чер 2024
  • In this video, we're going to discuss 5 things you can do with your money once you have $1000 in the bank.
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    • TIMESTAMPS •
    00:00 Option 1
    03:26 Option 2
    06:05 Option 3
    10:32 Option 4
    11:23 Option 5
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КОМЕНТАРІ • 21

  • @Arvabelle
    @Arvabelle  2 роки тому

    Start investing with M1 Finance ⇢ arvabelle.com/m1

  • @R.and.R.
    @R.and.R. 2 роки тому +1

    Very helpful video Arvabelle! Thank you!

  • @fourthprince1099
    @fourthprince1099 2 роки тому +6

    Just became debt free, now saving for my emergency fund. At the same time another fund for investments, next goal is life insurance.

  • @adiledahbi6994
    @adiledahbi6994 2 роки тому +1

    We use enough information from you, thank you

  • @eversunnyguy
    @eversunnyguy 2 роки тому +1

    I plan to invest to gain financial education like stock market etc. I also like the idea of emergency cash. Thanks.

  • @CoryDAnimates
    @CoryDAnimates 2 роки тому +2

    For bonds option putting some money into 'I' bonds is a great to use that grows with inflation.

    • @dontask8979
      @dontask8979 2 роки тому

      When they hit over 7% they got my attention 👍

  • @crafter89
    @crafter89 2 роки тому

    I like debit cards more because I can see everything in my online banking and I don’t have to use a separate app for the credit card and pay bills.

  • @thavonephanthavongsa4962
    @thavonephanthavongsa4962 2 роки тому +2

    if you have 1k throw it in qyld and gain some dividends

  • @calvertsmnith4033
    @calvertsmnith4033 2 роки тому

    I have a traditional IRA with a Vanguard Life Strategy Growth fund and a 401k target date date fund. Would it be a good idea to contribute just enough to get the employer match then open a taxable account with index funds or etfs. I am a 54 year old late start investor with minimal retirement savings. All feedback would be greatly appreciated.

  • @BusinessTipsWithYulianna
    @BusinessTipsWithYulianna 2 роки тому +1

    ITS NEVER TOO LATE TO START PREPARING YOURSELF FOR A BETTER AND MORE FINANCIALLY SAFE FUTURE, THE TIME TO BEGIN IS NOW. START SOMEWHERE START ANYWHERE!

  • @Magictricks378
    @Magictricks378 2 роки тому

    Good 🤗

  • @ghostoferlock
    @ghostoferlock 2 роки тому

    Best idea, is decide if you want to be a long term investor. If Yes, then take a look at doing an investor profile so you can decide approximately what level of returns are possible. Then take a look at what not investing money and paying down debt accomplishes, as it might not be what you think. A portfolio of investments is a (forest), and paying one or two debts are (trees). It's important to look at the value of money in the future, because by paying down debt, you aren't investing in the future. Even though there are different kinds of debts, it's important to look at them differently, and not the same, it's not only about how quickly you pay them off, but what money you won't be investing because of it. One thing I don't think I ever hear of many channels mentioning, is that approximately 10% to 15% of a persons total wealth is secured by the first year or two of investing. Please look at the forest and not one tree.

  • @thymythymyth
    @thymythymyth 2 роки тому

    Bitcoin

  • @707Berto
    @707Berto 2 роки тому

    5 SOL right now.

  • @babartechofficial
    @babartechofficial 2 роки тому

    Hallo mam

  • @queenlomax1269
    @queenlomax1269 2 роки тому

    Successful people don’t become that way overnight,most people see at a glance-wealth,A great career purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

  • @richardwhaley7497
    @richardwhaley7497 2 роки тому +1

    Tesla stock

  • @richardwhaley7497
    @richardwhaley7497 2 роки тому

    Tesla stock