It is advisable to save at least 15% of your income in a 401(k). Online calculators can help you estimate the appropriate savings amount based on your age and income. By saving at least 15% of your income in a 401(k), you can work towards a comfortable retirement. This strategy allows you to benefit from compound interest, potentially growing your retirement savings significantly over time.
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
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 $800,000.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
9. Debt 8. Not creating Retirement Fund at early age 7. Investing in Real Estate too early in life 6. Not learning Stock Market 5. Not creating Emergency Fund 4. Not having any Side Hustle 3. Leaning on family 2. Not securing your loved once future 1. Not Investing in Yourself Thank you Taskeen ❤️🙏
Vaishnavi, you are very wise. You will have a good headstart when it comes to creating wealth. And so not forget to save for your retirement as soon as you start earning. The power of compound interest is AMAZING! Good Luck!
@@divyanshrathor4400 No brother it's how it's advertised in short it's spend more get more reward I've tried and find out if you have credit card you'll waste more money
I am 25 and i made all the 9 mistakes😭 i wish i could see this type of video 1-2 yrs back😞 but now i will bloody correct my mistakes.. i will never ever make these mistakes again in life
How many of these mistakes are you making? PS: Yes, I have a cold. PPS: Isn't the thumbnail great? No dollars were harmed in the making of it. Photoshop ki Jai Ho! :D
The finacial Mistake I have made is "No Retirement Planning". I am 27 year old, earn decent too. Please make some video regarding the Retirement planning.
I want to thank you for your information in this video. I am 56 years old and when I met my husband, dating at the time he owed a lot of money. If we were going to have any kind of future he needed to get rid of it. I guided him by helping him budget and after one year he was free of depth. He eventually started building a savings he was not even aware of and a large weight was removed from his mind. One and a half years later we got engaged and began our future. 32 years later and many financial ups and downs have been able to stay on the positive due to good managing. This generation have been given a false view of reality. While I was growing up we had less then minimal so that was motivation for us to improve our lives. Thanks for the info. All young people need to be taught how to mange money realistically.
Line from rich Dad poor Dad book - - - - - - "👉Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets👈"....... This book will definitely change your thoughts.....
I have started reading that book and is somewhere in mid...that book is an eye opener and definitely a good guide for beginners like me into the financial world
I'm 26. I quickly checked once your video in suggestion. Such an interesting topic. Mostly I have passed the score (not to do). Sometimes my parents scold me about money handling. I'm going to show your video that will prove my right doing. Such a great guidance.. thank you so much. My parents may appreciate me once they verify your tips with my daily routine..😍🙏 love from Tamilnadu 💓
My older sister turned 23 last month and like a week ago she got her credit card. Ofcourse I don't know anything about credit card, I'm only 18. But I definitely want her to learn about it and use it wisely, I'll also tell her about the stock market thing u told. So ya, I'm gonna need a vd on how to *wisely* use credit card. Thank u💖
I am 25 and going to make my home just like you. I already make a RD for emergencies purpose and invested insurance policy. After completing my house, I will make a PPF account .Just a contractual employee I proud of myself that I am not doing any silly mistake with my earnings. I want to be a self independent mommy in upcoming year.
Why these types of channels don't have more subscriber and don't needed channels have 22 millions what yaar we need to improve ourselves don't waste your time in just doing timepass watch all these types of channels keep going love from india a girl aged 14 named priya .... 😊👍
My life has given me a great example for my dad to not invest on insurance He was so neglecting to buy insurance for our family and when I was 16 I was diagnosed with kidney failure.. and spent 30 to 40 lakhs on my operations and medical expenses and still doing it (I'm 19 years now) So please buy an insurance plan for you and ur family and stay safe
I wasted my salary in drinking that I could have saved and can make better use of that. Now I am looking to save for the future and your videos are helping me very much.
Pls make a detailed video about insurance and explaining it and how to choose an insurance company and which one suits your budget? It will be very helpful thank you
I think that my family has done every mistake mentioned in this video therefore we are going through very very tough situation and because I am only 14 I can't go and work any where to support my family 😓😭😭
The BEST way to save and make money is to get rid of all BAD DEBT as soon as possible & then avoid spending on most of the stupid stuff which doesn't make money.
Your have suprb communication and knowledge Really impressive ..!! Suggestion- Can you create a video how to save 1cr /5cr for any salaried person so he/she can use those money at ther retirements
I am 36 years now. I just now closed my home loan. I have not started any investment plans. I have just now started building my emergency funds. How should I proceed to build wealth for my kid’s education and retirement?
Hi taskeen !! I follow u as a role model and so trust on your advice being a girl IT engineer fresher in an MNC where to invest the money to grow more financially and skilled..as complete salary is a saving
Madam, Could you please tell me any solution for this. Eventhough I can speak English fulllently, sometimes I'm doubting my self . Example - 1)' if I speak on Monday ,another day I think that i can't speak in English' . 2)Also if i speak in my native language, I think that I forget English language .I can't speak anymore. 3)Sometimes some easy and casual words doesn't come to mind . Specially Tired time Could you please tell me some solutions for this ?
Some expenses on friends are liable. On travelling to their house and if gifts also responsible to give as bcoz. Ritual and customs ,giving is must now returns is not expected 😡 and if long time not giving ,spoil image now saving become sometimes burdened too much obsessed to save more expenses incurs
The Credit Card Video is out now: ua-cam.com/video/mU7phyCX0jU/v-deo.html Happy Learning! :)
Hlo dee
I want your email I'd so that I can discuss my problem with u
Plz
It is advisable to save at least 15% of your income in a 401(k). Online calculators can help you estimate the appropriate savings amount based on your age and income. By saving at least 15% of your income in a 401(k), you can work towards a comfortable retirement. This strategy allows you to benefit from compound interest, potentially growing your retirement savings significantly over time.
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
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 $800,000.
Could you possibly recommend a CFA you've consulted with?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Rebecca Nassar Dunne turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I just checked her out on google and I have sent her an email. I hope she gets back to me soon.
9. Debt
8. Not creating Retirement Fund at early age
7. Investing in Real Estate too early in life
6. Not learning Stock Market
5. Not creating Emergency Fund
4. Not having any Side Hustle
3. Leaning on family
2. Not securing your loved once future
1. Not Investing in Yourself
Thank you Taskeen ❤️🙏
I'm not an adult...I'm a teenager and I'm watching this video so that I shouldn't make these mistakes when I start being financially independent
Good luck same like me 😁
Mee to
@The Self Improvement Addicts will surely check..thanks
@The Self Improvement Addicts thanks
Vaishnavi, you are very wise. You will have a good headstart when it comes to creating wealth. And so not forget to save for your retirement as soon as you start earning. The power of compound interest is AMAZING! Good Luck!
Would definitely like to know about Credit card usage.
Step 1 : Don't have credit card
@@divyeshsniper4625 no credit card is not a bad thing you just have to use it wisely.
@@divyanshrathor4400 No brother it's how it's advertised in short it's spend more get more reward I've tried and find out if you have credit card you'll waste more money
Ya need one about it
Same
I am 25 and i made all the 9 mistakes😭 i wish i could see this type of video 1-2 yrs back😞 but now i will bloody correct my mistakes.. i will never ever make these mistakes again in life
How many of these mistakes are you making?
PS: Yes, I have a cold.
PPS: Isn't the thumbnail great? No dollars were harmed in the making of it. Photoshop ki Jai Ho! :D
Hey what course have you done in finance from iim-b ? Pls do a video on executive programs at B-schools if possible :)
Hey taskeen I would like to have knowledge about credit cards & how to use it correctly a video on that would be appreciated😊
Congrats 2M
@@bobby4111 Coming Soon!
@@TheUrbanFight please make a video on how to make money online.i want to work from home.🙏
The finacial Mistake I have made is "No Retirement Planning". I am 27 year old, earn decent too. Please make some video regarding the Retirement planning.
Yes I did a mistake on real estate, and still bearing its financial debt and the emotional debt behind it.
Nowadays UA-cam teaches more valuable lessons than schools, glad to live in these times
I want to thank you for your information in this video. I am 56 years old and when I met my husband, dating at the time he owed a lot of money. If we were going to have any kind of future he needed to get rid of it. I guided him by helping him budget and after one year he was free of depth. He eventually started building a savings he was not even aware of and a large weight was removed from his mind. One and a half years later we got engaged and began our future. 32 years later and many financial ups and downs have been able to stay on the positive due to good managing. This generation have been given a false view of reality. While I was growing up we had less then minimal so that was motivation for us to improve our lives. Thanks for the info. All young people need to be taught how to mange money realistically.
if u have uploaded this video 8 months back i wouldn't have been in a debt of 60000
gods grace ... u had opened my eyes
Only today I came to know that her name is Taskeen.
I just like your style of talking. Very well explained 👏
I am 17 and i already saved money for emergency. yes i made a emergency fund for emergencies. And want to make it more large
Where did you get that money from
@@dharmendradewasi3267 i save it from my expenses and i save daily 20/- and slowly increased it.
great buddy. to build up wealth you need to keep learning further. try "MY MONEY UNIVERSE" youtube channel for that. good luck!
@@valueinvestor-zc3vo thank you for the suggestion i will surely watch that videos
Finally I got a crush who not to love me but taught me all the financial help...😂😂
Just kidding thanks for all the guidance
Love from Varanasi ❣️
It is because of you i learned basics of stock market and opened an account, Thankyou.
Line from rich Dad poor Dad book - - - - - - "👉Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets👈"....... This book will definitely change your thoughts.....
I have read
It such a great book
I have started reading that book and is somewhere in mid...that book is an eye opener and definitely a good guide for beginners like me into the financial world
Congratulations for 2m subscribers😍😍😍
Yes, we want a separate video on "how to use credit cards wisely" 😃
Great Content 👌😃
The Credit Card Video is out now. Check it out: ua-cam.com/video/mU7phyCX0jU/v-deo.html
I'm 26. I quickly checked once your video in suggestion. Such an interesting topic. Mostly I have passed the score (not to do). Sometimes my parents scold me about money handling. I'm going to show your video that will prove my right doing. Such a great guidance.. thank you so much. My parents may appreciate me once they verify your tips with my daily routine..😍🙏 love from Tamilnadu 💓
U said it right....
To get more money, we should work more.
Hai
Yes but I'm working more but still getting less🙄
Logic left the chat
you should learn more too. check out "MY MONEY UNIVERSE" youtube channel. it has step by step guidance on how to plan your finance journey. good luck!
1:30 yes make video about credit card
Yes want it
The Credit Card Video is out now. Check it out: ua-cam.com/video/mU7phyCX0jU/v-deo.html
@@TheUrbanFight already watched thanks for great video 😁😁
My older sister turned 23 last month and like a week ago she got her credit card. Ofcourse I don't know anything about credit card, I'm only 18. But I definitely want her to learn about it and use it wisely, I'll also tell her about the stock market thing u told. So ya, I'm gonna need a vd on how to *wisely* use credit card. Thank u💖
Coming soon!
I don't watch gaming livestream for 3 hours, but sometimes play GTA V for 3 hours, is that ok?
As long as you can see the fruits of your 'Labor'. :)
Ye kaam labour law ka h? 🤣
Labour law advisor be like - toh main kya kru job chod dun?
@@TheUrbanFight Make a video on taxes?
Investing in yourself and your skills is the soundest advice I’ve got lately.
Taskeen your videos are very helpful and inspiring. Thank you :)
Please one help mujhe kuch tpis Chiya English Kai liya please help Kar saktha ho time to please reply
The financial mistake I've made is Credit Card. Kindly do the one video on it about credit card usage Ma'am. Thank you!.
I am 25 and going to make my home just like you. I already make a RD for emergencies purpose and invested insurance policy. After completing my house, I will make a PPF account .Just a contractual employee I proud of myself that I am not doing any silly mistake with my earnings. I want to be a self independent mommy in upcoming year.
Why these types of channels don't have more subscriber and don't needed channels have 22 millions what yaar we need to improve ourselves don't waste your time in just doing timepass watch all these types of channels keep going love from india a girl aged 14 named priya .... 😊👍
You are an inspiration and a really big help! Thanks for being here👍😊
Thanks for the great taught means a lot to get motivation to do better and better ...
Thanks.... finally a good notification I receive today 👍
Yes I have lot of doubts should I use credit card or not please do full video on credit card
Please make a video about credit card. Everything we need to know
The Credit Card Video is out now. Check it out: ua-cam.com/video/mU7phyCX0jU/v-deo.html
We would like to see you as a minister of India!
Yeah need a credit card video 👍
Coming soon!
@@TheUrbanFight I am waiting 🔥
The Credit Card Video is out now. Check it out: ua-cam.com/video/mU7phyCX0jU/v-deo.html
@@TheUrbanFight Viewed and thrashed the like button😁👍
Congratulations for 2M subscriber!!!
Thank you! :)
My life has given me a great example for my dad to not invest on insurance
He was so neglecting to buy insurance for our family and when I was 16 I was diagnosed with kidney failure.. and spent 30 to 40 lakhs on my operations and medical expenses and still doing it (I'm 19 years now)
So please buy an insurance plan for you and ur family and stay safe
Hi
Please do a video regarding how to use credit card wisely
These are the only videos on UA-cam that are useful tbh
You are wholesomely productive!
The best guide on social media for youth for proper planning of their daily lifestyle 😊😍
Waiting eagerly for ur videos 🙏
2M subscribers!! Congratulations Taskeen👏
Thanks Navya! :)
Ur Content is always relevant to me but I have the no 1 problem Debt..how to get rid of credit cards??? Pls help
Dont have much practical knowledge but I think these tips will help me .
I really love your content delivery, I have serious concentration problem, but I can watch your videos withiut getting distracted easily.
5 MINUTES BEFORE:- waiting for your video
NOW:-i got notification😇😇horray
I wasted my salary in drinking that I could have saved and can make better use of that. Now I am looking to save for the future and your videos are helping me very much.
Woww..amazing video
Loved this video!
Thankyou so much!
Yes we would love to know how to use credit cards wisely.....
I love to say that you have melodious voice ma'am 💯💯💯
I think as like you no one can't speak as you💐💐💐
I believe we all have money spending perspective. Of it's something you're interested I feel it's okay to spend. You cannot always be miser
Ofcourse credit card wise management tips needed😇😇😇😇😇😇
Hey congratulations for 2m subscribers in advance 👍👍
I hit thumbs up even before watching. That is urban fight
Credit Card usage , I always pay minimum due amount .
I've got my first job ....here I'm watching it ❤
Would definitely want to know how to use a credit card wisely
The Credit Card Video is out now. Check it out: ua-cam.com/video/mU7phyCX0jU/v-deo.html
Because of delay payment., now I my cibil is reduced.
Know I am using more.
So how can I improve Cibil ratings
Congratulations 🎉🎊🎁 on 2m subscribers
You are Such a god for my decision I taking after getting salary
Tips r really superb 👍.....thank u....👍
Thank you for making this informative video 👍👍👍🤞
Pls make a detailed video about insurance and explaining it and how to choose an insurance company and which one suits your budget? It will be very helpful thank you
Awesome 😊🎉
I will try IT 🤞
I think that my family has done every mistake mentioned in this video therefore we are going through very very tough situation and because I am only 14 I can't go and work any where to support my family 😓😭😭
The BEST way to save and make money is to get rid of all BAD DEBT as soon as possible & then avoid spending on most of the stupid stuff which doesn't make money.
Your have suprb communication and knowledge
Really impressive ..!!
Suggestion- Can you create a video how to save 1cr /5cr for any salaried person so he/she can use those money at ther retirements
Now it's 2M... Wo 🎊 🎊 🎊.
🎂 🎂 🎊.. We guy's always with you. 😍😍😌
Thank you sister. 😌😌
I am 36 years now. I just now closed my home loan. I have not started any investment plans. I have just now started building my emergency funds. How should I proceed to build wealth for my kid’s education and retirement?
Thank u for ur tips. It's very useful
My cred card game is strong, m debt free. The biggest mistake I have done is not saving n investing money...
Hi taskeen !! I follow u as a role model and so trust on your advice being a girl IT engineer fresher in an MNC where to invest the money to grow more financially and skilled..as complete salary is a saving
I think biggest financial mistake that I'm making is not saving anything and spending more than earnings sometimes.
Why so mam
Madam,
Could you please tell me any solution for this.
Eventhough I can speak English fulllently, sometimes I'm doubting my self .
Example -
1)' if I speak on Monday ,another day I think that i can't speak in English' .
2)Also if i speak in my native language, I think that I forget English language .I can't speak anymore.
3)Sometimes some easy and casual words doesn't come to mind .
Specially Tired time
Could you please tell me some solutions for this ?
Yesss please a credit card video.
11:13 So true...that's such a waste of time... In 2018 I did that but realized it later and stopped doing that...
Some expenses on friends are liable. On travelling to their house and if gifts also responsible to give as bcoz. Ritual and customs ,giving is must now returns is not expected 😡 and if long time not giving ,spoil image now saving become sometimes burdened too much obsessed to save more expenses incurs
Congratulations for 2M🎉
Hey, please make a video on where to park emergency funds. Having emergency funds in savings account is very tempting to spend them !!
Save it in liquid mutual fund. I also save on liquid. You need 24 hours to liquidize the fund. But it can easily liquidise.
Love to see u after a week😉😙😙
Excellent! Thank you!
I'm new subscriber to your channel. I'm very glad to watch your videos.. really superb way of your explain..
Helpful tips. Thank you for the bonus tip.
Thanks 👍👍
10:01 best lines ❤️
Mam i like you so much.. I have inspired from you to learn english languvage... You are just an amazing person.....you are speaking style adorable
Debt is not bad if it is for appreciating asset. It gives leverage in business, so return on equity gets much higher
Yes please make a video on credit cards.
You r such a help...thank u so much🙏
Worth it! Very much valuable video!❤️
Do make a vedio on how to use credit cards wisely
Such a informative video..
I love your Hairstyle👌
Hi akka 1st view and 1st comment iam new subscriber addict to your videos
Telugu 🤔
Right maam ,i got many idea from you😄
All points are common sense but highly uncommon among common people 🙄 thanks for reminding us. Take care.