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"I won't stop until I earn $25M" - @YourRichBFF on how everyone can build wealth in 2024

2024-04-18 People & Blogs
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Silicon Valley Girl
Silicon Valley Girl
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Description

In my conversation with Vivian Tu, also known as @YourRichBFF, we discussed very practical aspects of the financial literacy - how you manage your savings, debt, investments and a magical FU number that allows you not to work anymore. Ready to prioritize your mental health? Head over to Muse and receive 15% off your order with discount code SVG or visit the link here: https://choosemuse.com/svg Vivian on Instagram: https://www.instagram.com/your.richbff/ Order Vivian's book "Rich AF: The Winning Money Mindset That Will Change Your Life": https://amzn.to/3Q79YPW In this video: 00:00 - Meet Your rich BFF - Vivian Tu 01:16 - If you want to be wealthy, you need to STRIP 03:49 - How much of your income should you save? 07:01 - How do I take care of my mental health to prevent burnout? 09:35 - How does Your rich BFF team look like? 12:27 - We were working at the limit of our abilities and counting down the days until it was over 14:45 - "You are the reason I had the confidence to negotiate a $20k raise" 17:05 - How to deal with your debt? 20:32 - Think of your retirement as early as possible (right now) 22:32 - "The only way you can keep up with the rising costs is to invest" 23:54 - "I need $25M to not work for money anymore" 28:54 - What are your investments plans? 31:53 - How to track and plan your personal finances 33:38 - A book that everyone needs to read This video is sponsored by Muse. Links: 📌 My Companies & Products: https://marinamogilko.ru/collabyt 📹 Video brainstorming, research, and project planning - all in one place - https://partner.spotterstudio.com/ideas-with-marina 💻 Resources that helps my team and me grow the business: - All-in-one workspace for your projects, goals, calendars - https://affiliate.notion.so/marina-mogilko - Email & SMS Marketing Automation - https://your.omnisend.com/marina - AI app to work with docs and PFDs - https://www.chatpdf.com/?via=marina 📱Develop your YouTube with AI apps: - AI tool to edit videos in a minutes https://get.descript.com/fa2pjk0ylj0d - Boost your view and subscribers on YouTube - https://vidiq.com/marina - #1 AI video clipping tool - https://www.opus.pro/?via=7925d2 💰 Investment Apps: - Top credit cards for free flights, hotels, and cash-back - https://www.cardonomics.com/i/marina - Intuitive platform for stocks, options, and ETFs - https://a.webull.com/Tfjov8wp37ijU849f8 ⭐ Download my English language workbook - https://bit.ly/3hH7xFm - I use affiliate links whenever possible (if you purchase items listed above using my affiliate links, I will get a bonus) #siliconvalleygirl #marinamogilko #yourrichbff

Top Comments (10)

@SiliconValleyGirl 2024-05-08

Ready to prioritize your mental health? Head over to Muse and receive 15% off your order with discount code SVG or visit the link here: https://choosemuse.com/SVG

40
@leondonald 2024-09-13

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.

1.1k 7 replies
@AncientVantage 2024-11-04

This is very inspiring. I'm working on my dream and feel bored. This video made me motivated to move forward. When I was 24, my company hired a consultant to give us retirement planning advice, and I had just started saving. The class, called "Starting Strong," recommended investing in a target retirement fund aligned with my 65th birthday. That was 20 years ago, and it's the only investment I've made. What other ways can I grow my finances?

1.0k 5 replies
@amberking88 2024-05-14

I’m 49 and I just started the 50 30 20 strategy and it certainly has taken away the stress of managing my money each month.

34
@micheal_mills 2024-05-20

I'm a 52yrs Director in a Tech company and I consider myself a high income earner at $350,000 per annum, I have a retirement account account but i still want to explore opportunities for short term gains before i start working less in few years.

1.2k 6 replies
@EcomCarl 2024-04-19

Vivien's emphasis on the 50/30/20 budgeting rule is a fantastic guideline for financial health! 🌟 Additionally, automating your savings can ensure you consistently meet your goals without having to think about it each month.

54
@arlettez3894 2024-05-08

I do 60/30/10, but my 30% goes to savings and debts and my 10% goes to wants. I'm trying to cut down on my wants so I can save more and pay off debt. 30% towards wants is too much. But to each their own. This way just works for me.

64 2 replies
@XxN8iVeSc0uTxX 2024-07-12

Who else skips past and are tired of ads when you pay for YouTube to not have ads 🙄

5
@ebl36 2024-12-28

The crossover I didn’t know I needed!!

0
@sharathkumar9490 2024-04-26

It's not about going fast but going far

23

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