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10 Greatest Personal Finance Lessons That Changed My Life
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445,659 Views • Dec 12, 2022 • Click to toggle off description
► In this video, you will learn the 10 personal finance lessons that have had the biggest impact on my life. My wife and I learned these lessons the hard way, and they have helped us achieve financial success. I hope you can take away at least one or two things to apply to your own life.
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Timecodes:

0:00 - Intro
0:17 - #1 Buy To Impress = Less Money
1:38 - #2 Real Millionaires Are Frugal
3:07 - #3 Average Friends = Average Life
4:41 - #4 Marry For Money
5:54 - #5 Investing Should Be Boring
7:42 - #6 Investing Should Be Simple
9:06 - #7 Investing Should Be Long
10:46 - #8 Cash Is King
12:21 - #9 Spend Money Extravagantly
13:34 - #10 Money Buys Freedom

------------

FAVORITE TOOLS:
► Mint Mobile - Check Out My Partner Mint Mobile, Affordable Phone Service - trymintmobile.com/financialtortoise
► SoFi - Checking & High-Yield Savings Account (Terms Apply) - sofi.com/tae (Affiliate Link)
► Shortform - More Than Book Summaries - shortform.com/taekim

LINKS:
► Get My Weekly Newsletters: www.financialtortoise.com/newsletter
► Favorite Books: www.financialtortoise.com/bestbooks

DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.
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Views : 445,659
Genre: Education
Date of upload: Dec 12, 2022 ^^


Rating : 4.91 (329/14,242 LTDR)
RYD date created : 2024-05-13T20:38:31.450088Z
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YouTube Comments - 369 Comments

Top Comments of this video!! :3

@claudinavivo7416

8 months ago

So far the best video on personal finance advices I've ever seen. And I've been watching videos on personal finance for years. Congratulations truly on this. Keep going.

7 |

@SowerOfMustardSeed

1 year ago

Avg friends = Average life ❤ Absolutely true from personal experience. Not saying that we should be snobs, but rather we should either be growing together with our closest friends, or else we would just naturally not hang out much anymore.

39 |

@okaydamian

5 months ago

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my money goals?

87 |

@joelstephenson

11 months ago

The marriage one was the most important one of the last 2 years of my life. We went from nothing to $250k in investments and savings by communicating with each other about money every week

103 |

@CherylJacqueline

5 months ago

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

135 |

@doriradden483

4 months ago

Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.

250 |

@yourlifeshouldbefun

1 year ago

I love the 'marry for money'. I did this years ago and my partner and I have been able to make significant steps in our finances TOGETHER, so that we can 'pontificate about life'!

42 |

@primadonna82

1 year ago

No nonsense content, unlike others who try to sell business models and 3rd rate motovational speeches. This video confirmed that I'm on the right path to slow and steady wealth.

11 |

@habibmkhan

1 year ago

Super high quality lessons! They sound simple, but it takes dedication to follow through and stick with them. Especially because people can try to gaslight you to believing otherwise.

9 |

@ChristopherHunterSmith

3 months ago

Love that last one about buying freedom. Seeing to achieve that!

6 |

@johnc7279

1 year ago

This is quickly becoming one of my favorite channels.

203 |

@malikharper5622

3 weeks ago

This is stuff I really need to hear. Thank you so much. I’m definitely subscribing

|

@RyeRob.

1 year ago

One thing I would say about buying clothes is that it often doesn't make sense to by the cheapest option. Dave Ramsey talking about Walmart jeans for example. A better quality pair of jeans might last you 5x longer but not be 5x the price.

6 |

@skoopqueen

1 year ago

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. Great video! Thanks for sharing! Very inspiring! I love this,,

15 |

@tracybrown9752

3 months ago

The BEST channel! The best money books I have ever read….Rich Dad-Poor Dad and The Millionaire Nextdoor.

1 |

@zBMatt

1 year ago

#11, investing shouldn’t be used to get rich, only value creation (aka starting a company, gaining more skills, gaining more education) can do that. Traditional investing should only be used to maintain a lifestyle, that’s what the average rates from top money managers would suggest.

15 |

@user-zx1pc9eq8w

11 months ago

That's great advice in this video. My favorite is money buys freedom. That's why debt is bad. Debt is enslavement.

2 |

@VelaNovaLuka

8 months ago

#4 Marry for money. Fantastic because you do want to marry somebody who's good with money or it can ruin the both of you. (Obviously marry for love) But that is a great point I think many miss. Great video!

3 |

@ds5651

1 year ago

Spot on. I am a 40 nextdoor millionaire. That's how you do it.

10 |

@mezzem3909

1 year ago

Holy moly.... My thoughts exactly. Dont buy stuff to impress others, no one cares......

2 |

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