ilmscore | 8 Tiny Habits to Become Financially Literate In 2026

8 Tiny Habits to Become Financially Literate In 2026

Published: 2025-12-28
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 5
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
The speaker aims to provide actionable habits to significantly improve viewers' financial literacy by the year 2026.
"So, in this video, I wanted to share with you easy habits that will make you outrageously financially literate in 2026."
Financial Literacy
Pending
To achieve financial goals, focus on one simple, achievable task per month, such as saving an extra $200, increasing investments by 1%, or reducing takeaway spending by 20%.
"One simple, achievable focus that you can do for the next 30 days. It could be save an extra 200 this month. It could be increase my investing by 1%. It could be reduce my spend on takeaway by 20%. Just one thing."
Financial Goals
Correct
Starting to invest early, even with small amounts, is a primary factor in building long-term wealth.
"Starting early with what you can is one of the biggest drivers of long-term wealth there is."
Investing
Pending
Investing in low-cost index funds that track broad markets is recommended as a nearly foolproof investment strategy.
"Start with lowcost index funds that track entire markets. It is almost impossible to go wrong this way."
Investment Strategy
Correct
Discussing money with others accelerates financial progress by learning from their experiences, strategies, and mistakes.
"The more you talk about money, the less scary and alone it feels. And the more you learn from other people's experiences, other people's strategies, other people's mistakes, the faster you can progress in your own financial journey."
Financial Habits
Correct
Achieving financial success and building wealth requires a long-term perspective, focusing on present decisions that will benefit one's future self in 5, 10, or 20 years.
"Building wealth, on the other hand, is the exact opposite. Financial success is about playing the long game. It's about making choices today that your future self in maybe 5, 10, 20 years will thank you for."
Wealth Building
Pending
The most valuable investment one can make is in oneself, specifically in developing skills, knowledge, and capabilities.
"The best investment you can ever make actually isn't in stocks. It isn't in property. It is in yourself. It's in your skills. It's in your knowledge. It's in your capabilities."
Personal Investment
Pending
Investing $500 in a course that teaches a skill leading to an extra $1,000 in annual earnings represents a 200% return in the first year, with potential for further compounding.
"If you spend one off $500 on a course that teaches you a skill that helps you earn an extra $1,000 a year, that isn't an expense. That's a 200% return in year one, and then it keeps compounding after that."
Skill Development ROI
Correct
Making difficult financial decisions in the present can lead to financial ease and freedom for the remainder of one's life.
"Making a few hard decisions today can actually mean you play for the rest of your life."
Financial Planning
Correct