Everything You Need to Know About Finances in Your 20s

Everything You Need to Know About Finances in Your 20s Take Your Finances to the Next Level ➡️ Subscribe now: https://www.youtube.com/c/MoneyGuyShow?sub_confirmation=1 Download FREE Financial Resources from the show ➡️ https://www.moneyguy.com/resources/ Sign up for the Financial Order of Operations course ➡️ https://learn.moneyguy.com/ Download The Money Guy Net Worth Tool ➡️ https://learn.moneyguy.com/ Our professional focus is on financial planning and investment management, and we leverage our knowledge for your benefit. We help you focus on the things you can control and manage the things you can’t. Visit our site for more info ➡️ https://www.moneyguy.com/work-with-us/ Facebook: https://www.facebook.com/themoneyguyshow/ Instagram: https://www.instagram.com/moneyguyshow/ Twitter: https://twitter.com/moneyguyshow TikTok: https://www.tiktok.com/@moneyguyshow Let’s make sure you’re on the path to financial success – then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! We can’t wait to see you accomplish your goals and reach financial freedom! New shows every week on YouTube and your favorite podcast app. Thanks for coming along on the journey with us.

24 thoughts on “Everything You Need to Know About Finances in Your 20s”

  1. Sorry but the way you guys calculate Roth Vs Traditional

    If you put 6.000 traditional, in Roth you would put 4000 (30% tax to round it up)

    It is important to tell, Roth is great if you’re into a lower bracket, traditional if you are in a higher bracket and expect taxes to lower when you retire

    Saying that, I would rather have the Roth because it is easier to predict

  2. I would love if you guys could do an episode on savings and investments for families with a stay at home parent and how much you should try to save/ invest/ and aim for as a couple. I went from working to being a stay at home mom after having my baby while we are still investing and putting away 20% is that enough for two people?

  3. The stock market’s dividends motivated me to start investing. What counts, in my opinion, is that you will be able to live off of dividends without selling if you invest and make more money in addition to payouts. It suggests that you can give your children that advantage, giving them a head start in life. I’ve invested more than $600k throughout the years in dividend stocks; I’m still buying more today and will keep doing so until the price drops even further.

    1. I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

  4. I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I’m noticing more red than green.

    1. It’s understandable that the current mass hysteria and panic are palpable. After all, we’re not used to dealing with troubled markets. However, as you rightly pointed out, there are options available if you know where to look. Personally, I’ve been able to make a profit of over $850k in the last 10 months. It wasn’t a complicated strategy that I used, I just knew that I needed a reliable and robust approach to navigate these trying times. That’s why I hired a portfolio advisor.

    2. @Dale Horne They are truly top-notch in their profession; I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than Dawn Maureen Humphrey, a renowned figure in her line of work whom you may be familiar with.

    3. @Mark Grimm Thank you for this tip , I must say, Dawn Maureen Humphrey appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

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