Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts

Tuesday, May 21, 2019

Retiring at 40, with FIRE (Financial Independence, Retire Early) World Finance News.


In this video I talk about the FIRE Method to achieve early retirement in your 40's, 30's or even 20's. The main themes of FIRE, which stands for Financial Independence Retire Early, are minimalism, extreme frugality and extra income. Ideally you'd start early, lower your housing costs, drive a used car, cut cable, get out of debt, cut your grocery bill and INVEST, invest, INVEST.









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Saturday, May 18, 2019

Money Saving Tips || How To Save Money (Best Strategy)


In this video, I will share the method that I used to save nearly $12,000 in the past 6 months. To save money effectively, it's essential to have a thorough plan. This is MY personal experience. The variation in income and financial responsibilities among people will impact one's ability to save a given percentage of their income. The MOST EFFECTIVE money-saving strategy for myself was to set up automatic withdrawals from my primary bank account to various savings and investment accounts at a set rate of 30% of my total income. I found it best to schedule automatic withdrawals for the day income is posted to my primary bank account. I then proceed to live off of 70% of my income and disregard the 30% which was deposited into savings and investment accounts.