@@mikhailkolyadov I feel its better to remove your credit card from apple pay, Im still trying to get out the habit of spending with my Credit card. Instead of buying silly things with it like takeaways, Clothes etc. Use it for emergancies, Eg car bills, Repair costs and fuel.
No doubts, A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@Alexedmartin.Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.
By looking for her name online, you can quickly uncover her information. She recently appeared on CNN and she is really simple to deal with no matter where you're located
@@emeldcentor1474I'm just one of the countless individuals who have experienced incredible benefits from investing with Regina Louise Collaro, and I completely agree with you. The year 2020, marked by the devastating impact of COVID, left me feeling utterly hopeless, as I lost my job. However, that year will forever be etched in my memory, not only because of the hardships, but also because it was the year I encountered Regina. I owe my life to her, as she enabled me to lead a comfortable life through passive income. To put it frankly, I consider her to be an angel sent to aid those grappling with financial difficulties
I know that this is said a lot but the number one thing in this day and age that has helped me save money is cooking at home and meal preparing. Cold brew? Insanely easy to make (1/2 gallon mason jar, 1 & 1/4 cup grounds, 1/4 cup sugar, soak overnight, strain twice and voila) 😼😼 I used to be a daily drive thru coffee girl and now not only do I reduce waste but also I’ve found out that I love to cook and I’m extremely good at it now too. :) It’s fun, rewarding and allows for creativity. I encourage everybody to meal prep, food nowadays is so pricey along with gas, I don’t know how other low income individuals do it. Thanks for the great vid Ronald! 😊 Wishing you a wonderful day.
This is excellent! Thanks for sharing. I’m talk about this in a video I did a few months back, as well how to save on housing, entertainment, etc. Keep growing on your journey Vasikins!
Anthony o'neal suggests that we should put our emergency fund in a on line account call prize pool. It has great rates and you have a chance to win more money. Stay blessed brother 🙏.
Summary of video; Spend less than you make Earn more money Grow your money by investing Payoff debts! Save first when you get paid Save an emergency fund of 6 months of expenses Budget for unforseen expenses Do it yourself projects Get employer match Set financial goals Learn from financial setbacks Fix bad habits
Check out my “how to manage money” playlist. I’m adding to it regularly but I already have one video in there about how to stop impulse spending. ua-cam.com/play/PLAlWMJnA9Dcfp3-El1jkH_taRSA-cTQOS.html
Super well-made video man. Straight to the point, not too long clean and beautifully edited and captured. Very crisp and well spoken. Your energy is super clear, thank you!
What is the platform you and your wife use for your budgeting?? I currently use Mint, but I’m getting married next month and my partner and I plan to join finances, so I’d be interested in trying out a platform easier for us both to use!
It’s a custom build we created using a shared Notion workspace. I shared a break down of it in this video here: ua-cam.com/video/ce9t8XGXf_M/v-deo.html
There's only 1 way to save money, and that's not spending it. 2) live below your means 3) max out your IRA, 401k, etc 4) automate your savings 5) every time you get a raise, increase your savings
Hi Ronald, could you do a video on how to budget? I know there are hundreds on UA-cam, but I want to see how you do it and which apps/software you use.
Yes, to all of this (my goal is not to 'shop' for one year-so far so good but not including rent, transportation, and food) Love the Grey Backpack where is it from?
Good luck :) If you find that you need to shop because you are missing an essential item in your life, consignment and thrifting will be your lifejacket for the year.. I’ve found some seriously awesome items over the last few years that have held up better than some of the things I purchased brand new.
You always get straight to the point. This is a great thing in your videos 'cause I don't like to skip every second just because the UA-camr takes time to talk about the subject of the video. And thanks for share great tips with us 🤗 I love your channel
Your channel and Contento spend some of the most helpful in my life than any other I have watched! Thank you for what you do. I am currently in the stage of paying off some debt and fixing bad habits. Doing some math and realizing that all my petty spending in the last year could’ve paid off my debt and funded my emergency savings by now has been a gripping and humbling realization. You are such an encouragement, but provide real and practical steps to accomplish financial freedom and success.
Thank you Ashlynn! I’m happy my content is helping you on your journey. I’m excited for you to pay off your debt as well. It’s an amazing feeling once you do!
Took me a year and a half to save 35k. I was so proud of myself. Just this month i was told I need to spend 3k on my teeth and 1-3k on a medical procedure. Quite a damn setback. Should’ve bought insurance.
What a shame your comments section has been 'spammed ' by some idiot investment company. Please, no one click on any of their links! Other than that, brilliant video. On a very low income I already do most of the tips as every penny counts. But I would really like somdideas on how to organise a side hustle. It's the bit I'm failing to do!
I received some other feedback and questions on this as well about starting a small business, banking, etc. I made bring these conversations to the channel if it proves to be valuable.
Excellent stuff. I am still early in my financial overhaul. I want to become debt free and build up savings and investments. It will take time but I know I just have to start somewhere.
The video is great. I so can't wait to be debt free I count down the payments. I'll be honest paying yourself first has helped me to stay on track with my bills and savings.
I understand what you mean. Working in corporate America in general can be seen as a rat race, but if you have a job you enjoy and they offer a 401K with a match. You should take advantage of at least the match. Beyond that you can look at other investments.
Money is becoming worthless. I have saved a lot of money and now I am wishing I had just spent it. It is losing value by the hour. i should have bought gold instead.
I suggest instead of paying off your mortgage as soon as possible. Save all the extra money you can manage to save, that way in case you lose your job you have a cushion. That cushion can mean losing your house or not. I think it's more important than being mortgage free early.
Can I just say- Thank You! ❤️ The insight and wisdom you share on your videos is such a gift. I am 60 year old and trying to get my life to a place where the last years of my life will be filled with peace. I am trying to do better with my finances and also let go of all the things that are robbing my mind of peace. I love your calm and reassuring style. I know you are helping many of us to embrace changes that will make our lives better. I believe in Karma and I know that all the good you are doing will come back to you. Thank You for being a part of my life. I lost my mother when I was a child and somehow find myself trying to learn things that others seem to have learned by my age. I feel I have always needed a coach. Thanks for being a coach to me and so many others. May you be blessed with peace and personal success. Thank You Ronald! Jalyne in Utah PS-I wish you were my neighbor! I just like you and the good vibe you give out! The world needs more people like you! 🥰)
Budgeting for extra expenses isn’t talked about enough. People understand basic budgeting and understand the concept of emergency savings. But the tranquility of both is exactly this and is a key to both.
I once didn't work for 8 months, not a problem, cause I had money in the bank. With the pandemic, we now know how important it is to have 1-2 years of emergency money. Fear of homelessness, makes me save.
Never been in debt. If I don’t have the money on me at the time, then I don’t buy the item in the first place and in these uncertain times. I definitely don’t keep my money in the bank for long periods of time. The days were so much better when we got handed our pay packet in an envelope. Now these greedy bankers want to keep an eye on your personal growth. I think not and with the world turning on its …. Look at the people in Ukraine and other countries at the moment. These poor people can’t even get their hands on their own money. Never trust a banker.
What are you doing to help you save money? If you need more ideas check out this video here: ua-cam.com/video/GSuBqksgiMM/v-deo.html
@@mikhailkolyadov I feel its better to remove your credit card from apple pay, Im still trying to get out the habit of spending with my Credit card. Instead of buying silly things with it like takeaways, Clothes etc. Use it for emergancies, Eg car bills, Repair costs and fuel.
do you have a link to the notion budget template?
No doubts, A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@Alexedmartin.Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.
By looking for her name online, you can quickly uncover her information. She recently appeared on CNN and she is really simple to deal with no matter where you're located
@@emeldcentor1474I'm just one of the countless individuals who have experienced incredible benefits from investing with Regina Louise Collaro, and I completely agree with you. The year 2020, marked by the devastating impact of COVID, left me feeling utterly hopeless, as I lost my job. However, that year will forever be etched in my memory, not only because of the hardships, but also because it was the year I encountered Regina. I owe my life to her, as she enabled me to lead a comfortable life through passive income. To put it frankly, I consider her to be an angel sent to aid those grappling with financial difficulties
Will definitely look her up the internet and send a msg . Thank you this was so much
I know that this is said a lot but the number one thing in this day and age that has helped me save money is cooking at home and meal preparing. Cold brew? Insanely easy to make (1/2 gallon mason jar, 1 & 1/4 cup grounds, 1/4 cup sugar, soak overnight, strain twice and voila) 😼😼
I used to be a daily drive thru coffee girl and now not only do I reduce waste but also I’ve found out that I love to cook and I’m extremely good at it now too. :) It’s fun, rewarding and allows for creativity. I encourage everybody to meal prep, food nowadays is so pricey along with gas, I don’t know how other low income individuals do it. Thanks for the great vid Ronald! 😊 Wishing you a wonderful day.
This is excellent! Thanks for sharing. I’m talk about this in a video I did a few months back, as well how to save on housing, entertainment, etc. Keep growing on your journey Vasikins!
Another great vid bro!
Thanks Don!
BEST educational channel on YT...thanks Ron, I learn so much from your videos - NAMASTE!
Thank you!! 🙌🏾 I’m happy you’re enjoying my content!
Great video again! Your voice is calming; makes it easy to focus on what you're saying. Thank you!
Anthony o'neal suggests that we should put our emergency fund in a on line account call prize pool. It has great rates and you have a chance to win more money. Stay blessed brother 🙏.
Thank you
Glad you enjoyed this!! 🙌🏾
Can you talk more abt insurance? Types, how much…
Summary of video;
Spend less than you make
Earn more money
Grow your money by investing
Payoff debts!
Save first when you get paid
Save an emergency fund of 6 months of expenses
Budget for unforseen expenses
Do it yourself projects
Get employer match
Set financial goals
Learn from financial setbacks
Fix bad habits
thank you! but to everyone reading, make sure to watch the whole video to get in depth information and help support the channel! :)
I make purchases on impulse, any tips ?
Check out my “how to manage money” playlist. I’m adding to it regularly but I already have one video in there about how to stop impulse spending.
ua-cam.com/play/PLAlWMJnA9Dcfp3-El1jkH_taRSA-cTQOS.html
What budget tracker do you recommend?
This was extremely helpful. Thanks Ron!
Super well-made video man. Straight to the point, not too long clean and beautifully edited and captured.
Very crisp and well spoken. Your energy is super clear, thank you!
I’m glad you enjoyed this my friend! Thank you!! 🙌🏾
Beautiful presentation. I appreciated the visual aids. I love your channel and you bright personality.
What is the platform you and your wife use for your budgeting?? I currently use Mint, but I’m getting married next month and my partner and I plan to join finances, so I’d be interested in trying out a platform easier for us both to use!
Yes, id also love to know which platform you use!
It’s a custom build we created using a shared Notion workspace. I shared a break down of it in this video here: ua-cam.com/video/ce9t8XGXf_M/v-deo.html
Great video bro!
There's only 1 way to save money, and that's not spending it.
2) live below your means 3) max out your IRA, 401k, etc 4) automate your savings 5) every time you get a raise, increase your savings
Thank you!!!
Glad you enjoyed this Lexi! 🙌🏾
Excellent video, so many great tips
Glad you found this helpful Marissa!
What financial/budget tracker do you use? And can you recommend a few books? Thanks!
Thanks Ron this was very helpful.❤
I’m glad you enjoyed this Cathy!
Hi Ronald, could you do a video on how to budget? I know there are hundreds on UA-cam, but I want to see how you do it and which apps/software you use.
Check out this video here! I walk through how my wife and I track our finances and budget every month. ua-cam.com/video/ce9t8XGXf_M/v-deo.html
That Dave Ramsey movement 🤙🏽
Yes, to all of this (my goal is not to 'shop' for one year-so far so good but not including rent, transportation, and food) Love the Grey Backpack where is it from?
Good luck :) If you find that you need to shop because you are missing an essential item in your life, consignment and thrifting will be your lifejacket for the year.. I’ve found some seriously awesome items over the last few years that have held up better than some of the things I purchased brand new.
Thanks for the practical advice!
I’m glad you enjoyed this Justine!
You always get straight to the point. This is a great thing in your videos 'cause I don't like to skip every second just because the UA-camr takes time to talk about the subject of the video. And thanks for share great tips with us 🤗 I love your channel
Awesome! I’m glad you enjoyed this video Keysianne! Keep growing on your journey!
@@RonaldLBanks 🤗🤗🤗
Well presented and easy to listen to your advice, very helpful for those who need to learn about planning for financial freedom.
Thank you! I’m happy you found this helpful and easy to follow Carol.
👍🏽👍🏽👍🏽
👍
This is great content man. I am super grateful to have ran into this channel! Thank you what you do and the energy you put in.
Your channel and Contento spend some of the most helpful in my life than any other I have watched! Thank you for what you do. I am currently in the stage of paying off some debt and fixing bad habits. Doing some math and realizing that all my petty spending in the last year could’ve paid off my debt and funded my emergency savings by now has been a gripping and humbling realization. You are such an encouragement, but provide real and practical steps to accomplish financial freedom and success.
Thank you Ashlynn! I’m happy my content is helping you on your journey. I’m excited for you to pay off your debt as well. It’s an amazing feeling once you do!
I cannot get over that in the USA needing hospital or medical care is an added (outrageously expensive) expense. I feel for Americans. It’s wild.
Took me a year and a half to save 35k. I was so proud of myself. Just this month i was told I need to spend 3k on my teeth and 1-3k on a medical procedure. Quite a damn setback. Should’ve bought insurance.
What a shame your comments section has been 'spammed ' by some idiot investment company. Please, no one click on any of their links!
Other than that, brilliant video. On a very low income I already do most of the tips as every penny counts. But I would really like somdideas on how to organise a side hustle. It's the bit I'm failing to do!
I received some other feedback and questions on this as well about starting a small business, banking, etc. I made bring these conversations to the channel if it proves to be valuable.
Excellent stuff. I am still early in my financial overhaul. I want to become debt free and build up savings and investments. It will take time but I know I just have to start somewhere.
Getting started is definitely the first step. Glad you’ve take me that step my friend! I’m excited for you!
Some great advice thanks Ronald
Glad you enjoyed this Alan!
The video is great. I so can't wait to be debt free I count down the payments. I'll be honest paying yourself first has helped me to stay on track with my bills and savings.
I can’t wait for you to become debt free as well Jae! It’s an amazing feeling and I’m rooting for you!
i really don’t know how you don’t have like 5mil subscribers you’re amazing man
Maybe we’ll get there one day! I appreciate you watching and being here! Thank you 🙌🏾
agree on everything except the 401k. That's a rat race, and will blow up soon
I understand what you mean. Working in corporate America in general can be seen as a rat race, but if you have a job you enjoy and they offer a 401K with a match. You should take advantage of at least the match. Beyond that you can look at other investments.
@@RonaldLBanks yea it's true, thanks Ronald
I love all your videos. They are straight to the point and well thought.
Thank you so much Erika! I’m glad you’re enjoying them!
Money is becoming worthless. I have saved a lot of money and now I am wishing I had just spent it. It is losing value by the hour. i should have bought gold instead.
I suggest instead of paying off your mortgage as soon as possible. Save all the extra money you can manage to save, that way in case you lose your job you have a cushion. That cushion can mean losing your house or not.
I think it's more important than being mortgage free early.
with the rise of inflation and gas prices, i need to grow my bank account more than ever 😂 great tips, Ron!
It’s insane isn’t it! 😂😩
Can I just say- Thank You! ❤️ The insight and wisdom you share on your videos is such a gift. I am 60 year old and trying to get my life to a place where the last years of my life will be filled with peace. I am trying to do better with my finances and also let go of all the things that are robbing my mind of peace. I love your calm and reassuring style. I know you are helping many of us to embrace changes that will make our lives better. I believe in Karma and I know that all the good you are doing will come back to you. Thank You for being a part of my life. I lost my mother when I was a child and somehow find myself trying to learn things that others seem to have learned by my age. I feel I have always needed a coach. Thanks for being a coach to me and so many others. May you be blessed with peace and personal success.
Thank You Ronald!
Jalyne in Utah
PS-I wish you were my neighbor! I just like you and the good vibe you give out! The world needs more people like you! 🥰)
Budgeting for extra expenses isn’t talked about enough. People understand basic budgeting and understand the concept of emergency savings. But the tranquility of both is exactly this and is a key to both.
I once didn't work for 8 months, not a problem, cause I had money in the bank. With the pandemic, we now know how important it is to have 1-2 years of emergency money. Fear of homelessness, makes me save.
Never been in debt. If I don’t have the money on me at the time, then I don’t buy the item in the first place and in these uncertain times. I definitely don’t keep my money in the bank for long periods of time. The days were so much better when we got handed our pay packet in an envelope. Now these greedy bankers want to keep an eye on your personal growth. I think not and with the world turning on its …. Look at the people in Ukraine and other countries at the moment. These poor people can’t even get their hands on their own money. Never trust a banker.
Someone once told me: “It's not how much you make. It's about how much you save.” I stopped being a spender soon afterwards.
Guy does his own (awesome) clipart. You look to see it