Why Saving Too Much Is RUINING Your Finances

ACCOUNTANT EXPLAINS: Why Saving Too Much Is RUINING Your Finances

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Hi, I'm Priscilla! Welcome to my YouTube channel! I have a degree in accounting and have my CPA certification. I started this channel to help young professionals simplify personal finance! Money management is an important skill, and I hope to show you through my videos that it does not have to be complicated.

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[TheComicVault]

This video could be more.

I’m not seeing any worthwhile case studies or graphics.

You’ve mentioned index funds but I think it’s worth looking into the opportunity costs of index funds including the support of the past engines that exist.
“Old money” manipulation is rife in index funds as well as supporting things like factory farming, nuclear weapons, environmental pollution and general lack of innovation.
That being said, when money sits in a bank, the bank is going to invest your money however THEY see fit, so it’s worth finding stocks, banks and wealth generation engines that align with your values and ideals as well as stocks that are gonna grant you a few extra grand when you die but your kids can’t drink the water or breath the air.

Food for thought, keep it up though, good that you’re learning and sharing, I’m on the same ride 👍🏽

[luke_sta]

Great video, money dates are something I should put on my calendar. I only really put mental effort when looking into buying a new index funds / stocks and don't pay a lot of attention to the investments I have made in the past.

[TheFablous]

I don’t see the fidelity pdf in the description box

[SierrasJourney]

I think a lot of people underestimate the need for balance when saving, great video <3

[williamhodges]

Ummm ma'am the average person in america can't even save $500

You're very disconnected especially doing current times. Me saving and invested has me at $1.7 million net worth.

Should i stop saving?