The ULTIMATE Guide to Personal Finance (For Beginners) | Step by Step

In this video, I show you how to get started with managing your personal finance so that you can achieve financial freedom. There's an overwhelming amount of information about money management, investing, and retirement that it's hard to know where to start. This guide will break down in a very simple way how to get started with your money journey in a way that simple and practical.

We cover topics such as how to manage your income, budgeting, setting up your emergency fund, debt repayment strategies, investing in the stock market through stocks, mutual funds, or index funds, and much more. This video will give you a simple yet effective framework in which to approach your personal finances as a beginner.

🕚 Timestamps 🕚
00:00 - Intro
02:26 - Phase 1: Manage Your Income
03:15 - Need for Budget
05:02 - Cut Unnecessary Expenses
05:55 - Emergency Fund
06:41 - Increase Your Income
07:50 - Phase 2: Tackle Your Debt
08:56 - How To Get Out of Debt
11:16 - Phase 3: Invest the Rest
12:17 - Stock Market Investing
13:20 - Mutual Funds
13:56 - Index Funds
14:52 - Exchange-Traded Funds (ETFs)
15:19 - 401k
16:25 - Traditional & Roth IRA
18:33 - Final Thoughts

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👇🏽 Check Out These Life-changing Finance Books Here👇🏽
📚 Rich Dad, Poor Dad by Robert Kiyosaki - https://amzn.to/3giKQ62
📚 I Will Teach You To Be Rich by Ramit Sethi - https://amzn.to/2S6x9PP
📚 The Millionaire Next Door by Thomas Stanley - https://amzn.to/2RzJETK
📚 The Total Money Makeover by Dave Ramsey - https://amzn.to/2T5wGxg
📚 How To Invest in Real Estate by Joshua Dorkin & Brandon Turner - https://amzn.to/3v1PhYi
📚 The 4-Hour Workweek by Tim Ferris - https://amzn.to/3fXUkox
📚 The Intelligent Investor by Benjamin Graham - https://amzn.to/3wYQTnd

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DISCLAIMER: I am not a financial adviser. These videos are for education and entertainment purposes only. I only express facts or my opinion and and should not be construed as financial or investment advice. You are responsible for your own financial decisions based on your own research.

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