ilmscore | How To Get Your Finances In Order

How To Get Your Finances In Order

Published: 2023-11-18
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
After the initial setup, tracking monthly income and expenses should take only 15-30 minutes.
"by the third time you're going to be able to do it in 15 to 30 minutes every month you want to make a little sheet of how much money you're making and what's going on with your money"
Personal Finance - Tracking Expenses
Pending
Approximately 20% of Americans with car payments have a monthly payment of $1,000 or more.
"more and more Americans now have a $1,000 monthly car payment I think it was 20% of all Americans who have a car payment have at least a $1,000 a month car payment"
Personal Finance - Car Payments
Pending
A personal finance rule suggesting that if you can't afford to buy five units of an item, you cannot truly afford one unit.
"if you cannot buy five of them you cannot afford one of them"
Personal Finance - Rule of Five
Pending
Individuals can potentially increase their annual income by a factor of ten, from $40,000 to $400,000.
"how do you go from $40,000 a year to $400,000 a year"
Income Growth
Pending
A financially more educated average American population would cause the current economic system to fail.
"if the average American was more financially educated our economic system as it stands today would fail"
Economic System Viability
Pending