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WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

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0:00 - Start Here

[ljcallender]

I’d add weddings to that list. Some of my friends have spent as much on their wedding as I did on a down payment for my house.

[christeng]

Last year was tough, but I still made $100, 000 as the main earner in my household. That's a good start, but I want to do even better. I have two auto loans and I'm looking for ways to pay them off without refinancing, which could cost more in the long run.

[peacephan]

Fancy new cars, unproperly vetted spouses, student loans. Got it

[ArtemisMaelstrom]

💯 Thank you for #2. It's not discussed enough.

[mmaninja]

I swear this guy had said these same things s hundred times but it will never get old.

[eldiablopotato]

I’d add to this car insurance. When was the last time you shopped for rates? Do you need to adjust coverage based on current value of vehicle? Etc…

[aliali-ceyf]

so, drive a used corolla, never get married, and don't buy anything where you can't pay off your credit card that same month

[clbdyc]

Normally I'd say never lease a car but my local Hyundai dealer has an Ioniq 5 for $220 a month after $3k down and trade in. Plus 2 years free charging. My commute is 9 miles round trip. It does include my $500 military discount.

[njmaxrocks]

If #2 is divorce, isn't #2 really marriage?

[StreetFighter]

My friend just bought a new car this week for $60K at 7% interest. That means he must be paying like $1, 200 per month. Just for a CAR??? Crazy!! 🤦🏻

[matwx]

My parents lost so much from their divorce. If you're gonna get married, just have the ceremony and skip the legalities.

[yummypeach]

Car doesn’t necessary to be used, you could get a new car actually, but get the good one, not the premium brand one. This go as the same for “don’t be cheap on things you shouldn’t”

[Chobaaaani]

Not to mention property division if there was prenup

[habermann]

What kind of Paracausal capital gain increase can i expect to see if i start investing in edging 4-5 times a day?

[appleztooranges]

I’d say number one is a mortgage. It’ll wreck you

[smarty]

It’s crazy the amount of people that live above their means with fancy cars. I think it’s easy to justify without leasing and the math they try to do to confuse you but it’s so harmful to your future self.

[lorihu]

Lucky for me here a Second hand car has Zero Tax 🥰

[hesamusa]

if an asset goes down on the value and you know it. it's not called an asset, it's a liability

[TheWorst_time]

Texas and cars go together. Impossible to get across it without one. Speed limits 85.

[jamesnash]

Men, did you hear that? A divorce typically costs $20, 000. In addition to child support and alimony. Buyer beware.