ilmscore | Break The Cycle Of Living Paycheck To Paycheck

Break The Cycle Of Living Paycheck To Paycheck

Published: 2024-02-09
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
A lack of belief in one's ability to become wealthy will lead to actions that self-sabotage financial success.
"if you don't believe that you can become wealthy you're going to take actions that will prove that you don't believe that you can become wealthy"
Financial Mindset
Pending
Individuals without $2,000 in savings should prioritize saving this amount as quickly as possible for emergencies.
"if you do not have $2,000 saved up the very first thing you got to do is go out and save $2,000 as fast as possible"
Emergency Savings
Pending
Aggressively pay off all credit card debt and other high-interest debts, such as payday loans, before focusing on investing.
"you got to pay off all of your credit card debt or any other high interest debts that you might have things like payday loans things like your high interest rate loans that you've taken out got to pay this off aggressively"
Debt Repayment
Pending
Dedicate two hours daily to investing in financial education through classes, books, or other learning activities.
"this is where I need you to use these two hours day to invest in your learning take classes read books do things to invest in your financial education"
Financial Education Investment
Pending
Long-term investing, rather than short-term investment horizons of months or a few years, is key to making money from investments.
"the people that actually make money from their Investments are not the people that make an investment for 6 months or 6 days or even 6 years these are now the people that are investing their money for the long term"
Investment Horizon
Pending