Resolve today that you are going to save and invest at least 10 percent of your income throughout your working life. Take 10 percent of your income off the top of each paycheck each time you receive one and put it into a special account for financial accumulation. http://bit.ly/2xDqeQ2 Starting this early in life will ensure that you become a millionaire before you retire. Are you an entrepreneur? Download my FREE Guide, Way to Wealth by clicking the link above. ___ Learn more: Read my blog post on Inspirational Quotes: https://www.briantracy.com/blog/personal-success/inspirational-quotes/ Give me a follow on Clubhouse! @briantracy — see you there! Subscribe to my channel for free offers, tips and more! YouTube: http://ow.ly/ScHSb Facebook: http://www.facebook.com/BrianTracyPage Twitter: http://www.twitter.com/BrianTracy Google+: +BrianTracyOfficialPage Pinterest: http://www.pinterest.com/BrianTracy Instagram: @TheBrianTracy Blog: http://bit.ly/1rc4hlg pay yourself first, save money, save 10 percent, invest 10 percent, self made millionaire, how to get rich, how to become rich, how to save money,

Everything You Need to Know About Finance and Investing in Under an Hour Watch the newest video from Big Think: https://bigth.ink/NewVideo Join Big Think Edge for exclusive videos: https://bigth.ink/Edge ---------------------------------------------------------------------------------- Bill Ackman is one of the top investors in the world, and he's said that he's aiming to have "one of the greatest investment track records of all time." As the CEO of Pershing Square Capital Management, the hedge fund he founded, he oversees $19 billion in assets. But before he became one of the elite, he learned the basics of investing in his early 20s. This Big Think video is aimed at young professionals just starting out, as well as those who are more experienced but lack a financial background. Ackman takes viewers through the founding of a lemonade stand to teach the basics, explaining how investors pay for equity, a word interchangeable with "stock." In the example, the owner starts with $750, with $250 of that coming from a loan. ---------------------------------------------------------------------------------- WILLIAM ACKMAN: William Ackman is founder and CEO of Pershing Square Capital Management. Formed in 2003, the hedge-fund has acquired significant shares in companies such as JC Penney, General Growth Properties, Fortune Bands and Kraft Foods. Ackman advocates strategies of "activist investing," the practice of using stock shares in publicly-traded companies to influence management practices in a way that benefits shareholder interests. ---------------------------------------------------------------------------------- TRANSCRIPT: Hi, I'm Bill Ackman. I'm the CEO of Pershing Square Capital Management and I'm here today to talk to you about everything you need to know about finance and investing and I'm going to get it done in an hour and you’ll be ready to go. How to Start and Grow a Business So let’s begin. We’re going to go into business together. We’re going to start a company and we’re going to start a lemonade stand and now I don’t have any money today, so I'm going to have to raise money from investors to launch the business. So how am I going to do that? Well I'm going to form a corporation. That is a little filing that you make with the State and you come up with a name for a business. We’ll call it Bill’s Lemonade Stand and we’re going to raise money from outside investors. We need a little money to get started, so we’re going to start our business with 1,000 shares of stock. We just made up that number and we’re going to sell 500 shares more for a $1 each to an investor. The investor is going to put up $500. We’re going to put up the name and the idea. We’re going to have 1,000 shares. He is going to have 500 shares. He is going to own a third of the business for his $500. So what is our business worth at the start? Well it’s worth $1,500. We have $500 in the bank plus $1,000 because I came up with the idea for the company. Now I'm going to need a little more than $500, so what am I going to do? I'm going to borrow some money. I'm going to borrow from a friend and he’s going to lend me $250 and we’re going to pay him 10% interest a year for that loan. Now why do we borrow money instead of just selling more stock? Well by borrowing money we keep more of the stock for ourselves, so if the business is successful we’re going to end up with a bigger percentage of the profits. So now we’re going to take a look at what the business looks like on a piece of paper. We’re going to look at something called a balance sheet and a balance sheet tells you where the company stands, what your assets are, what your liabilities are and what your net worth or shareholder equity is. If you take your assets, in this case we’ve raised $500. We also have what is called goodwill because we’ve said the business—in exchange for the $500 the person who put up the money only got a third of the business. The other two-thirds is owned by us for starting the company. That is $1,000 of goodwill for the business. We borrowed $250. We’re going to owe $250. That is a liability. So we have $500 in cash from selling stock, $250 from raising debt and we owe a $250 loan and we have a corporation that has, and you’ll see on the chart, shareholders’ equity of $1,500, so that’s our starting point. Now let’s keep moving. What do we need to do to start our company? We need a lemonade stand. That’s going to cost us about $300. That is called a fixed asset. Unlike lemon or sugar or water this is something like a building that you buy and you build it. It wears out over time, but it’s a fixed asset. And then you need some inventory. What do you need to make lemonade? You need sugar. You need water. You need lemons... Read the full transcript at https://bigthink.com/videos/learn-to-invest-and-start-a-business-in-under-an-hour

In this video I present a high level overview on how to manage your money using the 50/30/20 Rule. Money management is 90% discipline and 10% knowledge. The 50/30/20 rule will force you to create a budget and understand where every single one of your after-tax dollars is going. 50% of your budget should be spent on needs which are are things that are essential to life and that you literally cannot live without. 30% should be spent on wants which could be classified as things that bring you joy and happiness, but are NOT essential to living. (Dining out, entertainment, hobbies, etc.) The final 20% should be spent on savings, paying off debt, and retirement planning. I feel like a lot of people confuse wants for needs, and we know the difference deep down, but we really want the one that we don't have the self-discipline to say no. Step into a life of becoming smarter with your money. Master the 4 Pillars of wealth by joining WhiteBoard Finance University Today! 👉 http://www.wbfuniversity.com EXCLUSIVE: Get 1-3 FREE Stocks valued up to $3500 On MooMoo ⮕ https://whiteboardfinance.com/go/moomoo FUNDRISE - INVEST IN REAL ESTATE FOR ONLY $500 ► https://whiteboardfinance.com/go/fundrise M1 FINANCE - INVEST FOR FREE (Yes, Really) ► https://whiteboardfinance.com/go/m1-finance My FREE M1 Finance Training Video ► https://whiteboardfinance.com/go/m1-finance-training My FREE Stock Market For Beginners Guide ► https://whiteboardfinance.com/go/stockmarket4beginners GET MY HOME AFFORDABILITY SPREADSHEET HERE ► https://www.patreon.com/whiteboardfinance SCHEDULE A COACHING CALL WITH ME ► https://whiteboardfinance.com/go/marko-coaching HOW TO BUY & STORE BITCOIN ► https://whiteboardfinance.com/go/bitcoin THE BEST CREDIT CARDS TO USE RIGHT NOW ► https://whiteboardfinance.com/go/best-credit-cards CHECK OUT MY BLOG: ► https://whiteboardfinance.com FOLLOW ME ON INSTAGRAM ► https://www.instagram.com/whiteboardfinance Instrumental Produced By Chuki: http://www.youtube.com/user/CHUKImusic ABOUT ME 👇 My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur. This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience. Subscribe if you are interested in: #Investing #PersonalFinance #Entrepreneurship #StockMarket DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but money has a few basic functions. It acts as a store of value, a medium of exchange, and as a unit of account. Money isn't just bills and coins. It can be anything that meets these three criteria. In US prisons, apparently, pouches of Mackerel are currency. Yes, mackerel the fish. Paper and coins work as money because they're backed by the government, which is an advantage over mackerel. So, once you've got money, you need finance. We'll talk about borrowing, lending, interest, and stocks and bonds. Also, this episode features a giant zucchini, which Adriene grew in her garden. So that's cool. Special thanks to Dave Hunt for permission to use his PiPhone video. this guy really did make an artisanal smartphone! https://www.youtube.com/watch?v=8eaiNsFhtI8 Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids

This is my simple step by step guide on How To Buy A House in 2020. In this video, I'll take you through 11 simple steps to buying a home. This video is especially useful if you are a first time home buyer! Some of the things we talk about in this home buying video are: - Down Payment - Debt to Income Ratio - Working With A Realtor - Closing Costs - Inspections - Appraisals ...and much more! WBF UNIVERSITY - JOIN MY SCHOOL HERE ► https://whiteboardfinance.com/wbf-university-waitlist LIMITED TIME - Get 1 FREE STOCK ON ROBINHOOD ► https://whiteboardfinance.com/go/robinhood FUNDRISE - INVEST IN REAL ESTATE FOR ONLY $500 ► https://whiteboardfinance.com/go/fundrise M1 FINANCE - INVEST FOR FREE (Yes, Really) ► https://whiteboardfinance.com/go/m1-finance My FREE M1 Finance Training Video ► https://whiteboardfinance.com/go/m1-finance-training My FREE Stock Market For Beginners Guide ► https://whiteboardfinance.com/go/stockmarket4beginners GET MY HOME AFFORDABILITY SPREADSHEET HERE ► https://www.patreon.com/whiteboardfinance SCHEDULE A COACHING CALL WITH ME ► https://whiteboardfinance.com/go/marko-coaching HOW TO BUY & STORE BITCOIN ► https://whiteboardfinance.com/go/bitcoin THE BEST CREDIT CARDS TO USE RIGHT NOW ► https://whiteboardfinance.com/go/best-credit-cards CHECK OUT MY BLOG: ► https://whiteboardfinance.com FOLLOW ME ON INSTAGRAM ► https://www.instagram.com/whiteboardfinance Instrumental Produced By "iAmHaywood" on IG ABOUT ME 👇 My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur. This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience. Subscribe if you are interested in: #HowToBuyAHouse #FirstTimeHomeBuyer DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

A survey found that 63% of millennial homeowners regret buying their home. Lets go over this study, find out exactly where people are going wrong, and make sure this doesn’t happen to you. Add me on Instagram: GPStephan Merch: http://www.GrahamStephanStore.com/ 70% OFF: The Real Estate Investing Blueprint https://the-real-estate-agent-academy.teachable.com/p/the-real-estate-investing-blueprint/ Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ So lets get into these numbers: of the 63% of millennials who regretted their home purchase, these were their reasons: 18% said that maintenance and repairs were more costly than they anticipated. 12% said they bought too small of a house. 8% said they bought in a bad location. 7% didn’t think it was a good investment. 7% said the mortgage payment was too high. 6% didn’t get the best interest rate. 5% bought TOO BIG of a house. First of all, 18% said maintenance and repairs were more costly than anticipated. This can LARGELY be prevented by having an inspection done on the property before you purchase it, to understand EXACTLY what equipment is nearing the end of its life and might need to be replaced. This won’t uncover EVERYTHING, and sometimes things just happen outside of our control, but a good home inspection and home warranty plan could eliminate a SIGNIFICANT portion of unexpected repairs in the first few years. Next, 12% bought too small of a house. Home ownership is NOT meant to be something you buy, live in for a year, sell, and move on - I generally encourage everyone buying a home to do so with the expectation of holding on to it for at least 5-7 years. This means if you want a family soon, and you’ll need a larger home a year from now - then chances are, you’re better off renting. Next, 8% bought in a bad location. I can’t believe it. I apologize on behalf of all millennials out there. THIS IS ENTIRELY PREVENTABLE with even a mild amount of research. Spend a weekend driving around the area. Check out the neighborhood at different times of the day and night. Check crime reports and statistics. Speak to the neighbors or people walking their dogs or children. Ask them what they think of the area. 7% said they didn’t think it was a good investment. The big flaw here is thinking that home ownership is automatically an investment when you buy something - because it isn’t. It absolutely CAN be a phenomenal investment, but this rarely ever happens by chance - in order for a home to be an investment, you must treat it like you’re running your own business. The value has to be there, the numbers have to make sense, and there must be upside in the deal…if you see you aren’t going to make money AHEAD OF TIME, don’t buy it. Another 7% said the mortgage payment was too high. When buying a house, it’s a good rule of thumb NEVER to max out what you can afford. This way, in the event of a job loss or reduction in pay, you aren’t locked in to a super high mortgage that was only affordable on the top range of your income. My recommendation is to buy a home that you can afford as though you’re paying it off in 15 years, BUT you get the 30-year mortgage because it gives you more flexibility with payments. This way, you’re not maxing yourself out and your mortgage won’t be too high…again, this one is easily preventable. Then, 6% said they didn’t get the best interest rate. When you buy a home, you’re encouraged to shop around and have lenders compete for your business. I’ve gotten HUGE reductions in my interest rate by getting pre-qualified between 3 lenders, then having each of them bid-down the other until eventually I’m left with the rock bottom rate. This is something that generally takes 1-4 days, and most of it is done over email - it’s fairly simple. But by doing this, I’m never left wondering whether or not I got the best interest rate. And finally, 5% bought TOO BIG of a house. So when you put all of this in perspective, here’s what I see: About 85% of these regrets could’ve been avoided within one day of budgeting, planning, and investigating the property. The regrets people mention have MORE to do with the buyer’s lack of planning than it does from actually owning the home. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB

Think you're ready to buy a house? The path to get from here to there may seem confusing, but once you understand the steps and the people involved, you'll be ready to make your first move! SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: twocentspbs@gmail.com -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Julia Lorenz-Olson & Andrew Matthews Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Andrew Orsak Images by: Shutterstock Music by: APM SOURCES: http://time.com/money/4636251/millennial-homeowners-mortgage/

Shopping for homeowners insurance is something that may not be researched until closer to the end of deal. However, did you know that just because the current home is insured, that the new home may not qualify for the same insurance to a new buyer? In this Episode 1 of my new series, I interview Insurance professional, Robert Zabbia of The Zabbia Insurance Agency and Allstate Insurance. We discuss common misconceptions and share tips about purchasing the best policy for your home. . . Homeowners Insurance is import to educate yourself on for so many reasons. You have to research and compare different companies because the lowest premium may be that way because they don't pay out many claims. Do your homework. The insurance company is also inspecting the house to make sure it is as safe as possible to prevent accidents just like a life insurance company would give you a physical. Additionally, the home may need flood insurance. Flood Insurance can be lowered by an elevation certificate but the same document could actually raise your flood insurance rate. I know all of my buyers ask me if there is an elevation certificate, but do you know how it is used? Lastly, you can always save money when buying insurance so reach out and let us give you a one on one rundown about buying insurance for a new home! . . To get the most up to date and honest information when buying a home or selling a house, contact a great local trusted real estate agent. . . If you want to know more about buying a house in the Queens and Long Island area you can drop a comment below and I will get back to you ASAP Thank you for watching! =) . . Contact info: Kimberly Holland SRS SFR CBR Your Local Trusted Real Estate Agent Kim Holland Homes Call/ Text: 516-236-6303 Email: Kim@kimhollandhomes.com https://www.kimhollandhomes.com Exit Realty Premier 4900 Merrick Rd Massapequa Park NY 11762 For more information on homeowner's insurance contact Robert Zabbia at: robertzabbia@allstate.com https://agents.allstate.com/robert-zabbia-massapequa-ny.html **Disclaimer** Kim Holland is a licensed NY Realtor and NOT a homeowner insurance agent. This homeowners insurance video is for informational purposes only to assist you in learning more about your options. Please consult with a licensed homeowner insurance agent for further questions about your specific situation. Thank you!