10 Ultimate Money Rules // Wealth Cheat Sheet

Timecodes:

0:00 - Intro
0:05 - Hold Minimum 6-Months Of Cash
1:25 - Build Competitive Career Capital
2:39 - Reinvest In Yourself
4:18 - Don’t Buy Too Much House
5:17 - Abhor Debt
7:03 - Be Frugal
8:43 - Buy Quality
10:23 - Embrace Simplicity
11:58 - Play The Long Game
13:06 - Marry Right

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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.

[LiquidityOcelot]

Watching in my 40s... And only just starting I feel so behind!

[jeffhinzman]

Headline: Tae’s Hair ETF Outperforms the Market Yet Again!

[carolannstevens]

I love how you value your marriage and family! I also love how you don’t cuss and are wholesome!

[brucestiles]

Live frugally, save regularly, invest wisely, avoid debt. I've read that that's what millionaires do.

[michaelswami]

I like these. That investment in yourself can’t be taxed, devalued, or seized!

[MikeReisender]

I've had an emergency fund most of my life. I'm retired now, and looking back I've never had an unexpected expense over $1500. If you buy quality and practice preventive maintenance on your cars, home and body, you should have very few unexpected expenses. The main reason to have an emergency fund, in my opinion, is to cover living expenses if you lose your income source.

[richardbudzic]

6 months of cash can be divided into 6 parts. Then every month use one of those parts to open 6 month CD. This way you have your emergency fund growing instead of just sitting in your account.

[tomboat]

I agree that it is important to pick the right neighborhood to live in. if you pick a high consumption neighborhood you will be on the high consumption treadmill whether you like it or not.

[jeannettedrown]

Good reminders. I like how you value your marriage and children. :)

[iamkerenlouise]

Nice and great content Tae---thank you! BTW, l hope you don't mind me saying this, but your hair/hairstyle is so cool, youthful, and fabulous!!

[richhands]

My three favorite channels: Tae Kim, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[kemfig]

Underwater Basket Weaving 😂...Good one

[RichardLennon-wb]

I'm glad you made this video. It reminds me of my transformation from nobody to a good home, an honest husband, earning $37k biweekly, and having a daughter full of love.❤️

[wildfoodietours]

Consistent investing and simplicity works.

[nicknoh]

I would add that balance and context is key to successfully applying any of these 10 money rules.

[aturan-foqt]

Hey Tae, what do you think about Gold or other commodities?

[KulkarniNiranjan]

No squat rack in Europe. How do you keep up Tae?

[travisr]

Tae. For your order of investing... What if you have a Roth 401k at work. How do I configure my order of investing to get the best bang for my buck? Help soon!! Thanks

[lyndapham]

Underwater basket weaving 😂 I love it. Thank you.

[YourFrienjamin]

Lol, that "Jump ahead" button popped up when I skipped a family-related part. That means other tend to too 😅