How to Build Wealth With $0 Dollars (Seriously)

#EmpowerPartner #EmpowerThrive #credit #credithistory #buildingcredit

FREE STOCKS:

RESOURCES:

MY SOCIALS:

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.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

⏱️ Timestamps:
0:00 - Start Here
0:32 - Earning Money
4:03 - Investing
7:07 - Money Matters More Early
9:00 - Multiple Income Sources
9:42 - Investment Income
10:44 - Capital Gains
11:14 - Rental Income
11:37 - Interest Income
12:28 - Side Income
13:30 - On a $40K Salary

[nicolasbenson]

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

[mikey]

Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

[stephmeldrich]

Not at all, I am saving and investing around 40 percent of I and my employer contribution. I have a high paying engineering job, and I live in CA. With covid 19 my expenses are extremely low. I have zero debt on a 7 figure portfolio, no rent and car paid off and it helps me a lot to just save. I feel lucky and grateful my adviser Anna Rounds Fay came into play.

[Bangpaulxu]

Been watching you for three years, really appreciate your content and learned a lot! Thank you Humphrey! Moving back state side after two decades overseas and each of these videos are making me transition back to living state side haha. much love from Shanghai China.

[YelloDuzzit]

"Broke? Have you tried sellin million dollara homes in Hawaii?" 😂🤣😂🤣

[the.true.mjdavis]

I just hit $100, 000 net worth this last quarter! 💪

[paulbeasley]

Your laid back style is soothing, you have the great gift of encouragement with that hope

[hunterandchavy]

I would start with $1000 savings that is $83.33 per month. I think with the amount we spend on Netflix or Cellphone bills… we should make it a priority to have an emergency 🚨 fund. Now we have different ways we get extra cash from side hustles like grub hub, uber driving or Amazon drivers . Thanks Humphrey

[F]

Always appreciate your videos, bro. Thank you for the wealth of tips 🤝

[MasonKalair]

The best thing and the simplest thing you could do is make sure you're investing $1000 into your brokerage or retirement account every month. If you aren't able to, figure out how to come up with some extra cash. Your future self needs it.

[rssmith]

I really enjoy your videos especially the one about the Chinese and how they save money. We started saving for retirement at age 25 and we are now in our mid to late 50's. The $25K that we started with is now about $850K. Of course, we endured the 2008 financial crisis and even with that horrific time we were able to stay the course. I will never use a stockbrober anynore. Videos like these can educate better than someone making a commission. No one is going to care about your money more than you! Also, I meal prep all my meals because I am a homemaker and food is one area that I can control for my husband and I.

[alexamelodyleon]

I love your vids. Always so informative and entertaining

[ljaaraica]

Moral of the story, get a hold of a million dollars, bam!

[empower]

A great video with some great advice!!

[cyclingbroshk]

I am interested to know if you consider a 6 months time deposit at 5% an investment?

[nomadicpugilist]

Just my obligatory comment for the algorithm so Humphrey can get his. I always learn from you man, thanks for another video.

[Ronald-deyj]

Doesn't matter if $1 or $100. Be frugal to get rich.

[thatguythere]

I can't wait until I can start putting significant money into investments. I'm currently in the process of paying off my student loans and it should take 2 years at the rate I'm going. Luckily I was able to get a couple thousand in seed money invested before student loan payments resumed. Great video!

[SmugRabbit]

Also, saved/invested 65K this year so far. On track to hit my first 100K saved in the next 3 months

[teachersherrie]

Do I count my state pension when adding up my retirement savings? I also have 401K & Roth IRA.