Financial Education | The 4 Rules Of Being Financially Literate

Financial education is essential and will change your life if you commit to learning and using it. Getting your tax right and staying out of debt is not enough to build financial freedom and financial confidence. In this video, I’m going to teach you why 90% of people do not get financially educated and how you can do it, starting today. Enjoy!

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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[ChristopherAbelman]

The stock market is already a wild ride, but now inflation adds another layer of crazy. One minute my portfolio is soaring, the next it's dropping like a rock. Makes it tough to plan for the future when the ground keeps shifting under my feet.

[genenuyda]

I pray that anyone who reads this will be successful in life

[Riggsnic_co]

The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.

[MonaghanMLOUISE]

just sold a property in Canada and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[harrisonjamie]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[greekbarrios]

Many thanks for the video. Everybody needs financial freedom. Let this be a thread for some more simple, reproductible approach from anyone who have build wealth..I have saved up $190k to get started.

[philipanderson]

Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further

[stuartjames]

After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads in deciding whether to exchange my $150k security/stock portfolio; how might the continuous market volatility work to my advantage?

[sherryie]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[kimyoung]

Once you discover you can make $1, 000+ from dividends each month without having to go to work, your view towards life changes drastically

[MIchaelGuzman]

Even the high net worth and ultra high net worth people worry about money, just in different ways. There's no way around inflation. There's no way around recessions. Stop looking for a solution that doesn't exist and invest more money. Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

[charlottedale]

<The importance of mentorship from an expert cannot be under estimated. Without proper mentoring one tends to opt out of the market early after making lose. That is why I prefer trading with expert Rodger. His technique is mind blowing and highly profitable.

[WisdomWealth]

I hope they start teaching financial literacy from kindergarten. It's so important.

[betterperson]

This guy is excellent in making a presentation. Great video. Easily understandable.

[betterXdesign]

Your optimism is a guiding light for your viewers. Thank you for leading by example! 🌟

[wealthspirejmr]

Love the way this video was presented! Thanks for the additional knowledge!

[rickertcoles]

I find myself at a crossroads, uncertain whether to liquidate my $150, 000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.

[allaroundfinance]

Good set of rules to go by! Great video! Having a budget is a great plan for your money.

[SmartShortsHub]

Excellent breakdown of the four fundamental rules for financial literacy. Clear and concise insights that everyone should be aware of. A great starting point for anyone looking to improve their financial understanding.

[jasonkurup]

Enjoyed the video. My favorite thing I learned was the differentiation between being financially free vs being financially confident. I feel like this video is a lot of "rich dad poor dad" concepts.