MILLIONAIRE EXPLAINS: How to be GOOD with money
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- Опубліковано 22 тра 2024
- After climbing out of $100k in debt and becoming financially free, I reflected on what being "good with money" REALLY means. Here's a brief checklist to see how you're doing. The good news is that you can start being good with money TODAY, because being good with money has more to do with the actions that you're taking on a consistent basis, rather than how much money you have in the bank.
**ATTENTION: I have a new Instagram and TikTok handle @itsrosehan **
That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.
TIMESTAMPS
00:01:00 - #1 Your net worth is moving in the right direction (up vs. down)
00:03:45 - #2 You're working towards the "Crossover Point"
00:05:50 - #3 You feel GREAT about spending money
00:08:42 - #4 You're financially prepared for (almost) anything
00:12:55 - #5 You can talk openly about money
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**THINGS MENTIONED IN THIS VIDEO! 👀**
💫 YNAB (budgeting app): ynab.com/referral/?ref=YkZbz4...
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**BOOKS I RECOMMEND 📚**
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
amzn.to/37N2adc
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**MY FAVORITE MONEY TOOLS 🖤**
YNAB (I literally can't live without this budgeting app, so obsessed)
www.youneedabudget.com/?ref=Y...
Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
wise.prf.hn/l/413jE0q
Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
amzn.to/3Ne37jy
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DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
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SAY HI ON SOCIAL! 👋🏼
Website: www.rosehan.com
Instagram: / itsrosehan
TikTok: / itsrosehan
Pinterest: / itsrosehan
Would you like to see more budgeting videos from me? Hope you guys enjoyed this one 🖤
Thanks for the advice, Rose! My parents immigrated from third world countries so they didn't have all these financial knowledge to teach me.
great video Rose !
Great topic!!!
I feel that your strength is teaching. You've proven it in the financial realm and could continue in that direction. You could also educate us on anything else that interests you. For example, I believe your own version of "the law of attraction" would be welcomed.
Great advice Rose! I really like the way you illustrate the crossover point. I guess you could say the crossover point is when you reach your fire number. For myself and probably many others who don't necessarily like their 9-5 jobs, the crossover point is what keeps me focused and motivated. I think about the old Johnny Paycheck song, "Take this job and shove it".
Biggest lesson of 2022 in the stock market: Nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuous learning from mistakes and improving
Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us. @@AnnaFed015
I think a lot of it is discipline and mindset. One who lives well below their means will always be wealthy.
The algorithm was looking out for me. Thank you for this video ❤️
That's a phenomenal reversal of money management Rose. I love your crossover chart!
Your Awesome.
Thanks for the money talk, always enjoy your talks. So clear.
Loving the balance of your channel Rose. Perfect 👍
Your content is straight to the point. I watched 2 of your videos and i loved them. I love content about how to handle money the wisest way. Keep making contents like this!!
Wonderful video Rose! As always. Thanks for your wise suggestions. I'm also happy you are enjoying your moving house 🙂
Fantastic video! A great refresher and milestone check point, thanks Rose!
Thanks & good job! Awesome message!
Love love love you’re Channel! It’s a pleasure to watch all your videos 🙂🥰💗
Appreciate your financial knowledge and tips!! Definitely a good thing to plan for the unexpected with additional cash on hand 😊
I love this video, welcome back!
Great video! Croatia yacht week was fun, we went this year.
Good job on having the strength to say no :) …and saving all that money.
Budgeting. Thank you for sharing this Rose xxx
Jupiter is adorable! Congratulations on being free and the van life ❤️ enjoy!
Great vídeo, Rose! More budgeting please. Thank you!
Yess to budgeting videos! Love your videos Rose.
Thank you!! So happy you love my videos 🥰
Thank you for that awesome 5 point checklist, facts indeed
Budgeting. Great video Rose!
I appreciately you honesty and the willingness to admit, I agree that's how we face problem.
Missed your money videos but I’m also enjoying the variety of content.
Your hair looks so cool, Rose! :) Thanks for another great finance video! Yes, more budgeting videos please & thank you.
Excellent video as always, cool camper van
Yes, more about budgeting please thank you. 😘
Great tips and advice, thank you Rose!
Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.
Yes please, more budgeting videos. Thank you :)
The envelope system is the only thing that worked for me. This way I have to actually budget for something if I want to buy it. Also paying your self first was key for me. We all work so hard, we totally deserve to save some before start paying bills and spending for variables.
Great job Rose. I like the way you moved around the van while speaking. Nice adjustment.
Just mixing up the visuals to keep you guys engaged! Thanks for noticing 😎
Outstanding explanation of how money works!
Thanks for helping others with finance advice
Wonderful video for young and "old!" I absolutely love budgeting! ❤️🥰
Super awesome! Thank you, Rose!
Direction not pace! Amazing i needed that
If I may say something; GOOD JOB ROSE !!!
Thank you Rose, it's always great to see your beautiful eyes light up when you talk about money ;)
Thanks Rose 🌹 👏🏾🥰🥰 Great content!
Your knowledge and experience is very valuable. This video was savage ❤️❤️
Thanks for sharing this 👍
We appreciate all you do to help us all become good with money!! 🏆😁 Thanks for the 5 point checklist! ✅
Great video. I am actually in a position net worth. I love your advice.
Great job with this video.. thanks!!!
You're an absolute legend Rose
You are an inspiration! Appreciate your content. I would be interested in budgeting and investing videos. Also idea on side hustles would be good.
Rose you are the best we love your content thank you so much keep up the good work and will keep enjoying what you do
Namaste
Your videos are great. Thank you 🙏🏼
I loved your video today I just watched it and I always write things down when I get paid on what check goes to what bills and what I can save on that. But you brought some really good points that I need to work on and I’m definitely going to check out that app you suggested about budget thank you keep it going I really am glad I found your channel
Excellent points and ideas.
My Girl Rose is a genius. Great info!
Great Video Rose!
Legit...super helpful information for those of us who need it!
i find you very inspiring. thank you for all the insight.
Looking good Rose! Love the thumbnail pic!
I would love more Budgeting video plz!!
Good point on budgeting your money! I feel guilty all the time when I spend.
You are amazing. Thank you so much for sharing this.
When I’m out of the right direction, I stop by here and redirect 😺 thanks Rose
I’m very honored to hear that ☺️ will keep doing my best!!
Rose you are a doll thanks for the videos. Love ya ♥️ 🥰
I really looove this video, Rose! So sobering and inspiring at the same time. Take care always! 💕💕
So practical and nicely explained! I want to learn how Excel can be used to budget where I can feed in my daily expenses, income from salary, stocks, other investments and foreseeable expenditures, tax, etc.. like an individual's balance sheet..
Budgeting video pls..Thanks Rose for this great info
This is great 👍 thank you rose
Budgeting video, Rose!
Thank you so much!
I reached that cross point at 41 or 42. It felt great. But then I was bored out of my mind so I took a job as an actor to keep myself busy during the day. I would have been better off starting a small business. Which, later I did.
No matter how rich you are and how many assets you have one still needs a reason to awake in the morning.
💯
What small business did you start?
i love this new hair color rose!
love your vids!!
Thank you!!
Loving the new hair!
Excellent video!
Very important video..Thank you so much ❤️ 💖
I would say the first crossover point is when you get out of any credit card debt, except for a mortgage.
Then just think long term when investing. don't buy liabilities, buy assets.. then you can reach the new FU cross over points that's all.
Regular expenses are called "Fixed Expenses" (regular monthly payments).
"If you live for having it all, what you have is never enough." Vicki Robin
Thank you so much for this info. You are a life saver. 😘
All solid points. What I also believe which is less understood is that you attract what you give energy to and money is no exception. You have to exude positive energy to get positive results. Thinking about a empty bank account won't attract money but thinking about having money so you can help others in need is powerful catalyst when done properly. I've experienced it firsthand in my life and although I don't currently have millions of dollars in a account somewhere I do have more than enough and no lack in my life. THAT is wealth vs riches which is just an amount.
Rose, it's been awesome seeing your journey to financial independence. Really glad for you. I think you're helping people out quite a bit. Money isn't the end all be all, but it does enable choices. "Direction, not speed" is good advice.
Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.
Golden advice.
BUDGETINGGGGGG for beginners plz… I’ve never been good at this or found a method that works for me. My income is not high so I often get discouraged too, so something like this would be greatly appreciated!
All you do is find out all your expenses and goals, then categorize each expense and goal, then set appropriate amounts for each (and savings) you can do this through specific amounts or percentages (which makes the amount increase and decrease with your income)
Love your videos. One day at a time too financial freedom!
Thank you Rose🤩
Your videos are super cool...love them 😍
More budget video please!!!! Love your videos
Thank you!! You got it :D
I just thought of you and here you are with a new video 😱😱😱
Thank you so much for all of this :) this is info I needed in my life and better late than never! I have much to do, but I feel more confident now thanks to you
Budgeting!! ❤️
Hey Rose!!!
Nicely done.
There she is!!
Rose you're wise beyond your years (you must have a old soul) You advice is on point (keep up the good work (you bowl full of joy you😊😊❗❗)
Budgeting and also investing!!!
You got it!!
At first I thought the video was a book review from the title. There is a fiance book pretty recent from The Budgetnista, Tiffany Aliche. Your 5 points are wonderful advice (per usual), especially point 3 for me. Thanks so much.
Awesome video!
I always make sure i leave money a side for car problems. I use my cars almost everyday and i know in my 20 years of driving car problems always pop up. Just this week i had to buy a new car battery.
Budgeting!
Love your sharing!
Love this girl
Please do a budgeting video!
Such valuable information
Budgeting!😊
Missed your presence. ❤️👍