WHY DIDN'T THEY TEACH ME THIS IN SCHOOL? (BY CARY SIEGEL)

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Animated top 5 of Why Didn’t They Teach me This in School? Awesome book by Cary Siegel about 99 efficient strategies on how to live more frugal/save more money.

The ultimate playlist of books on how to save money fast: http://bit.ly/2Onqiwa

Top 5 takeaways:
0:21 1. 10 QUICK Tips to Save You Tens of Thousands of $$$
2:48 2. It’s NOT as Terrible as it Sounds – Develop a Budget!
04:33 3. Invest 50% of Every Salary Increase
05:27 4. Develop and Maintain a Good Credit Score
06:12 5. Pick Your Partner Like You Pick Your Stocks – Careful, and with Consideration

TL;DW:
- Takeaway number 1 is that there are lots of things you could do to improve your economy, among others, choosing the right insurance, have an emergency month, and spend now to save later.
- Number 2 is that you can’t manage what you don’t measure. Therefore, if you want to improve your financial health, keep a monthly budget.
- Takeaway number 3 is that you should invest 50% of every increased salary you get. Remember, you managed to survive before the increase, and you can get the best of two worlds by both giving yourself an increased consumption limit AND invest more at the same time.
- Second to last, takeaway number 4 explains the importance of keeping a good credit score.
- Finally, in takeaway number 5, we discussed the decision that will have the greatest impact on your financial well-being – your future husband or wife.

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

Видео WHY DIDN'T THEY TEACH ME THIS IN SCHOOL? (BY CARY SIEGEL) канала The Swedish Investor