In this video we discuss several reasons why I think $20,000 is a really great benchmark to hit in your financial journey.

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WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

SOCIALS:
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⏱️ Timestamps:
0:00 – Start Here
0:27 – Wealth Begins to Accelerate
2:19 – Mindset Shift Toward Abundance
5:39 – When Poor Everything Costs More
7:27 – The Investor Class
9:39 – Long Term vs Short Term
11:37 – Getting to $20K ASAP

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Cojo Crazy – Money (Video Oficial)

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Video by Pianalondra

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11:15 that’s actually really pathetic
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01:18:56 theyre playing the blame game
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What is Financial Management?
Financial management is the process of planning, organizing, controlling, and monitoring financial resources to achieve an organization’s goals efficiently and effectively. It involves budgeting, investing, risk management, and ensuring the business has enough cash flow.

💡Missed something in the video? Don’t worry, the full notes are here: https://thinkeduca.com/financial-management/

➡️ V I D E O S T O W A T C H N E X T :

Management Skills – • https://youtu.be/JGosaTGJQt8?si=SnEUQn2T6DFefwpu

Managerial Economics- • https://youtu.be/LbYv2RWE4Tk?si=Nv62r0_m3MvvmZmZ

Operation Management – • https://youtu.be/l-MnHBREzG8?si=M-4oOoz_9-i2R9ui

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If you find this video helpful, please give it a thumbs up, share your thoughts in the comments below, and subscribe to our channel for more insightful content

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**THIS IS NOT FINANCIAL ADVICE**

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In personal finance, it’s common for people to focus on things that they can’t control, like trying to pick a winning investment, while ignoring the things that they can control, like setting the right goals and making a solid long-term plan, often leading to mistakes.

Some mistakes matter more than others, and the biggest mistakes can be the difference between living paycheque to paycheque for life and having a comfortable financial future. In this video I tell you about the biggest mistakes in personal finance, so that you can avoid them.

I probably should have included not paying off high interest debt. Pay off your credit cards!
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0:35 Not earning enough money
2:20 Under-saving
4:20 Not setting financial goals
6:15 Over-spending (on the wrong things)
8:35 Not taking enough risk
10:38 Taking the wrong kind of risk
12:23 Missing tax planning opportunities
13:10 Ignoring estate planning
13:45 Marrying a financially incompatible spouse
14:38 Under-insuring catastrophic risks

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