ilmscore | What I spend In a Month as a Banker Living in London

What I spend In a Month as a Banker Living in London

Published: 2022-11-07
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The speaker locked in a 1.6% mortgage rate during the pandemic, which is considered low and helps reduce monthly payments.
"I'm paying 1.6 and the repayment scheme is half capital and half interest which brings down my monthly payments even more"
Mortgage Rate
Pending
The speaker has not purchased any new clothing items in the past six months, indicating a reduced interest in buying material goods.
"I haven't spent any money on a new item of clothing for the last six months. I don't really enjoy buying clothes"
Spending on New Items
Pending
The speaker believes that wealth is built through increasing earnings and focusing on growth potential, rather than solely through saving money by finding discounts.
"There is a limit to how much you can save and you won't be Building Wealth through finding discount codes or cutting out vouchers but you can through focusing on the earnings and growth potential"
Focus on Wealth Building
Pending
The speaker uses their savings for investments in real estate, the stock market, and side hustles.
"With the savings that I have I use it to invest be it in real estate in the stock market in my side hustles"
Investment Strategy
Pending
The speaker locked in a 1.6% mortgage rate during the pandemic, which is considered a good rate.
"I'm paying 1.6 and the repayment scheme is half capital and half interest which brings down my monthly payments even more"
Mortgage Rates
Pending
The speaker prioritizes saving on large expenses like mortgage rates over small daily expenses for greater financial impact.
"I try not to focus on the smaller things that have a disproportionate impact on how much it costs versus the happiness it adds to my day like a nice cup of coffee but rather focusing on the big ticket items like cutting down my mortgage and making sure I'm locked into a good rate"
Savings Strategy
Pending
The speaker believes wealth is built through increasing earnings and investment growth, not through small savings like discount codes.
"There is a limit to how much you can save and you won't be building Wealth through finding discount codes or cutting out vouchers but you can through focusing on the earnings and growth potential"
Wealth Building
Pending
The speaker invests their savings in real estate, the stock market, and their side hustles.
"With the savings that I have I use it to invest be it in real estate in the stock market in my side hustles"
Investment Strategy
Pending