7 Signs You're Doing Well Financially...Even If It Doesn't Feel Like It

#personalfinance

These are the 7 signs you're doing well financially, even if it doesn't feel like it.

0:00 Intro
0:29 Sign 1
1:30 Sign 2
3:04 Sign 3
4:34 Sign 4
6:56 Sign 5
9:42 Sign 6
11:46 Sign 7

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[JakeVanderPloeg]

Every so often I have to visit the old compound interest calculator website to remind myself why I’m doing this😂

[ELSITEN]

Just completed my Chase trifecta, 19 years old

Got the preferred, unlimited and flex 🎉🎉🎉

[Mh.thelifestyle]

Yo John… make a channel for advance audience that checked all the boxes mentioned in this video. I still feel lost where I need to be financially. Case study: Mid 30s. 2 kids and possibly thinking of another. Child care cost is pricey! I don’t want to put my finances public. But we don’t qualify for help. Everything is above average, but still feeling strap since we want the best for our kids. Also, generation… we didn’t grow up with money. Self taught with financial education.

[AISmallBusinessHub]

As someone with immigrant parents, this positive and pragmatic spin helped put things into perspective. Thanks

[diegomontero]

I can tally off all 7 signs at 21! Thanks for all the help!

[PerdomoTesla]

I'm 30 now and I feel so far behind because I didn't start saving and investing till just 2 years ago because i was so busy getting out of debt. College debt mainly. Now I'm finally funding my max employer match, roth 7k yearly, and keeping money in a HYSA. It's hard when you grew up below poverty line. Grinded my way to a $150k income.

[ErickLeon]

Appreciate this John, sometimes comparing yourself to others really makes it tough but your tips really help

[francisconunez]

Amazing video Bossman
Back to back 👏🏽 new video yesterday and today !

[Jarevonum]

I don't invest bc I don't understand how to invest, but I will invest it through a Roth IRA. I do however have a 795-credit score as of currently and I don't have a passive income, but I got a job. This video is helping me grow my money! thank you!

[beachbumsailordude]

There is one thing none of you YouTube guys in the credit and financial space don't talk enough about and that's the Roth IRA. This is the biggest gift the U.S. government gives us. If a 20 something kid would open this and start funding it regularly they would have a huge pile of $$$ for retirement by just investing in one of the major index funds.

[cameronmcgroarty]

military for free college, have 20k in investments at 18 years old, have great credit and amex plat for free from military. all in the first year I can even do that stuff

[zionismisterrorism]

You just need 1 sign: have rich parents.

[Divyv]

Hey John, really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?

[Anna-wdox]

Loved this! Question: I recently went through a bankruptcy (I was sued, long story but I basically chose bankruptcy over having my wages garnished and paid a lump sum to not have to worry about this again🙄) but my credit score is now at 450 because of that. BUT I have next to no debt. I know credit
Scores are important but how does that look overall, I have the emergency fund and savings etc but how is the best way to go about setting up my credit aside from a secured credit card? And with a secured card which builds credit the “best” or fastest?

[PandaFPV]

My dude, what card should I get for paying my AT&T phone bill?

[yingzhang]

Hi John, what are the differences between CD and high yield saving account?

[reaprical]

Hi John, I have a question regarding a ROTH Ira. So I have one but haven't been as active with it as I would have liked, but since the market is up right now, is it still good to put money into the index funds, etc that I have in my portfolio or wait for the market to go down?

[PumpkinEater]

Couple of notes:
1. I don’t think interest from a HYSA should be viewed as passive income. While that may be technically accurate, it is really only a replacement of the value you lose to inflation. So while the amount of dollars in the account increases, the value of it does not.

2. A word on caution on the FIRE movement. If you get to that magic 4% per year portfolio value, people should be aware that having the majority of that value in market index funds can significantly impact how much money that 4% is when there are market crashes. You could easily lose 20% of your portfolio value and it could take years to recover that. So during that time, that 4% withdrawal could be significantly less than what your expected expenses are for those years where your portfolio is still recovering.

[azaril]

My mother forced me to make a brokerage account, it sucked since at the time i was alot less willing to put money in places i couldn't get to it, and to a certain degree i still am, i get antsy if my bank account drops under 1k, its been a few months since ive put anything into that brokerage account (It was with one company, but since my mother works for a company that offers them i was forced to move it to them (Fuck laws man) im gonna start putting some more cash in there

[jcmphreek]

Steps 1-6: the most basic stuff like don’t have credit card debt and have a savings account. Doesn’t mean you’re doing well, just means you’re not bottom of the barrel.

Step 7: literally be a multi-millionaire