Channel | Publish Date | Thumbnail & View Count | Download Video |
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Marko - WhiteBoard Finance | 2019-05-13 23:30:02 | 3,797,005 Views |
Money management is 90% discipline and 10% knowledge. The 50/30/20 rule will force you to create a budget and understand where each of your dollars goes after tax.
50% of your budget should be spent on necessities that are essential things in life and that you literally cannot do without.
30% should be spent on desires that could be classified as things that bring you joy and happiness, but are NOT essential to life. (Restaurant dining, entertainment, leisure, etc.)
The remaining 20% should be spent on saving, paying off debt, and planning for retirement.
I feel like a lot of people confuse wants and needs, and we know the difference deep down, but we really want the one we don't have the self-discipline to say no to.
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My mission is to provide my viewers with actionable content that empowers them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, finance student and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing and entrepreneurship. I produce content that I would love to watch, and for that reason, I give 100% effort in every video I make. I also believe in full transparency and open communication with my audience.
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