6 principles of personal finance and budgeting

Learning how to manage your personal finances and budgeting, independently of your specific financial situation, should definitely be one of your priorities this year; I mean, it should be one of your priorities your whole life, but if you haven't kickstarted the process yet, this year is as good a time as any to get more involved in the world of personal finance.

General Resources:

Everything about Debt:

FTC: This video is sponsored by Brilliant.

[ChristopherAbelman]

Investing is all about knowing bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend.I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?

[Jzimmergren]

I quit tracking my expenses three years ago because I thought I didn’t need it anymore, that I had it under control. But girl was I wrong. I recently started again and I eat my money. Like, the amount I spend on food is ridiculous. Time to shape up! Thanks for this! 🙏🏻

[macmaresa]

This reminds me how lucky I am to already as a student have an emergency fund, my spendings tracked and no debt

[krzysszymanski]

2:10 - three goals:
* emergency fund
* budgeting/expanse tracking
* getting rid of debt
2:35 - the emergency fund: keep it stocked!
3:35 - expanse tracking: be mindful & analyse your spending habits.
* ask mindful questions about your spending
5:50 - budgeting rules of thumb

* prioritize spending
* big bill prevention
8:30 - different account for different goals
9:30 - taxes and financial calendar
10:35 - regular finance housekeeping: personal finance is a chore

[theforeignerinamerica]

Personal finances is an art. Requires discipline and patience. Practice makes perfect. The moment you realize you can save money and reproduce it, it motivates you to do it again and again. Don’t overthink it!! Just do it

[begottivince]

If we are taught that $4000 invested monthly into the S&P 500 index (8% annual ROI) will grow to $2, 350, 000 after 20 years, $3, 800, 000 over 25 years and $5, 600, 000 after 30 years then we will have a lot less 20 year old making $35k and running to the Mercedes dealership to blow the money

[danieljamal]

Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom

[dianaroberti]

*Excellent video indeed . We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally and budgeting. I’m glad I learnt early in life to work hard for financial freedom*

[juls]

Being an accounting major has taught me a lot about money. I started my personal finance journey back in college and that's how I was able to save up for my emergency fund until I started working and I was able to build my stock portfolio. Years later and I now have a few real properties and even insurances. WIth personal finance you can definitely save up no matter how small you have at first.

[LuisSilva-xiqq]

I haven’t even finished watching this videos but it already gave me encouragement to start sorting my life out. Obrigada Mariana

[jessislistless]

If you won't use a sheet, use an app. There's plenty of apps out there for free. Some people get overwhelmed with a spreadsheet. You can categorise your spending and income and then export these figures as a spreadsheet.

[aestheralu]

First time doing saving challenges this year as it’s my new hobby.

[SavingwithChristina]

Enjoyed your video. I love saving and watching those savings stack up! And I agree, personal finance is a HUGE topic with lots of different ways to spend less and save more!

[ednahernandez]

One of the best videos on your channel! Thanks a lot for sharing with us. Watch all that you have and all that you do is inspiring!

[budgetwitht]

Loved this tips!! Financial health is such an underrated life focus!

[GehanAdel]

This video really epic if you are in the beginning it gives you general overview but if you are in this sector for along it motivates you and refreshes your information.thanks 🌷

[danielaamaro]

This inspired me so much, thank you Mariana! 💗

[shaymaeel-jaouahiry]

Thank you that was very informative, and helpful <3
i alr started tracking my expenses very late since the day i started studying economics that changed a lot about how i deal with money ...

[quentinmenager]

Hi Mariana, love your video, I think the emergency fund is definitely the first step before starting any other investments

[rowanbergen]

You are amazing. I currently still live with my parents and they do all of the financing. But me and my boyfriend bought a house together and are moving in soon. So these are really good tips and tricks.