Signs You're Doing Better Financially Than You Think (Eye Opening)

Signs You're Doing Better Financially Than You Think (Eye Opening)

[hersdera]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[EricDaMAJ]

It’s important to be grateful for what you have. No matter how little you have and how much others seem to have more than you, there’s always someone who has it worse. Often way worse. Counting your blessings is a useful mental health skill.

When I was young I served in the Army. I carried a 100 lb ruck through the woods in the steaming heat and freezing cold. I slept in the pouring rain. I never thought it was a blessing at the time. Now it makes my modest life in retirement seem like luxury.

[IncomeMindmaster]

Such an eye-opening reminder! It's incredible how we often overlook the progress we've made and focus on what we lack. This video is a great wake-up call to celebrate the little wins along the way to financial freedom.

[kwaichangcaine]

Always enjoy your content Chris, I'm not rich but happy to say I have a good emergency fund and enjoy the luxury of food choice..

[ryx]

This video is important cause even successful people can feel anxiety when enjoying their success in this economy. 😅

[vilanovagonzalez]

This seems like the worst period.
Even the market are now very unpredictable.
Started investing recently when the market prices were a bit high, today I am more than 60% down!

[TheFirstRealChewy]

Save at least 3 months of emergency expenses. Once you've saved money for an emergency then you spend the rest of your money or invest, or both. However, save an emergency fund.

[hunterandchavy]

Chris thank you 😊 for the words of encouragement. I feel discouraged bc I don’t have the fancy stuff which resembles “success”. My goal is have at least $1k saved for an emergency 🚨 and lastly come off credit card 💳 debt

[jimv]

One month we are complaining about the price for a dozen eggs, next month we attend a birthday party at a restaurant and spend $50 X 4 for our family.

[makesaveinvest]

I love your videos my friend! Snowball affect works too & helps!😅👍🙏

[allenbryan]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[simone_maya]

Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. I am aware of certain investors that earned over $265, 000 in the stock/options mrkt. Wish I could accomplish that.

[stimepyc]

I feel like this video is a repeat BUT...maybe I am just watching too much financial stuff...

Either way, good video and correct, Keep it up!

[annastayziaa]

🥹 thank you so much for this video. it felt like a warm hug. 🥹🥹🥹

[mercpaul]

I'm still breathing, walking, loving, and also couple mil in my investment accounts, probably doing better than I think

[ncprealty]

Your presentations are always motivating, practical and enjoyable.

[tomj]

Hard to imagine that you can gauge how you're doing by your spending rather than your assets and savings rate.

[Irishprice]

Goals for 2024, after saving 80%+ of cashflow for 6 years:

- 150k net equity (spread over cash savings 50%, index funds 15% and stocks 33%)
THEN
- Purchase an apt or house to rent out. Want to invest at least 50% of purchase price in my own cash
THEN
- Build up to 150k equity excl house/apt value

[MissEnglish]

My goal this year is $100, 000 cash in the bank and everything else after that invested, right now im at about $85, 000

[jameserickson]

Income: $1118 minus rent ($1050) = Stress