ilmscore | Debt CRISIS Could Ruin This Teacher's Financial Future

Predictions from this Video

Total: 5
Correct: 1
Incorrect: 1
Pending: 3
Prediction
Topic
Status
Eric predicts he will pay off all his debt by the end of 2025.
"I can get rid of this debt within probably the calendar year well not this calendar year but 2025"
Personal Finance - Debt
Incorrect
The hosts predict Eric's debt will be fully paid off by August 2026 if he continues with his original financial plan.
"you're going to have it all paid off by August of 2026"
Personal Finance - Debt
Pending
The hosts predict Eric's $26,000 personal loan will be paid off by September 2025 if he follows their revised financial plan.
"we believe that you can have that personal loan paid off by September of 2025"
Personal Finance - Debt
Correct
The hosts predict Eric will have a fully funded $18,000 emergency fund by December 2025 if he follows their revised financial plan.
"you could have a full 18,000 emergency fund... by the end of next year W by December of 2025"
Personal Finance - Savings
Pending
The hosts predict Eric's investment portfolio could be worth over $1.2 million by age 55, assuming he starts saving 25% of his gross income annually from age 41 and achieves an 8% average annual return.
"if you do that between ages 41 and ages 55 your Investment Portfolio could be worth over 1.2 million dollars"
Personal Finance - Investments
Pending