How To Become Financially Stable In 9 Steps | Clever Girl Finance
Have you ever met someone who never seems to worry about money? They have extra cash for the things they want, and, always have the money to pay their bills in full — even the unexpected ones. This person is likely financially stable. The great news is you too can learn how to become financially stable with a little bit of work.
Do you feel financially stable or are you still working on it? Share in the comments!
In today’s video, we are going to discuss key tips for becoming financially stable. Let's dive in!
#financiallystable
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I wish it was broken into time stamps but this is such a great list
It will be soon!😊 thanks for tuning in
I’m going to build an emergency fund it’s a brilliant idea
Do it!
Don’t let men use you for money I learnt that the hard way!
LOL funny but so true.
Explain please 🙏
@@marisacillahi1537 Explain what?
@@shayemoore the statement woman comment ( don’t let men use you for money I learnt that the hard way )
@@marisacillahi1537 I see what you mean now. Thankfully, I never had to learn the hard way cause I don’t give men a dime of my money.
Thank you! I enjoy watching your videos and learning from you ❤
We’re so glad!
I thank Erika for having introduced me/us to you, Ms. Bola.
Just subscribed to this channel.
Step 1: Get to know your current financial situation
Step 2: Use goals to become financially stable
Step 3: Adopt a frugal lifestyle
Step 4: Avoid unnecessary debt
Step 5: Build emergency savings
Step 6: Pay yourself first
Step 7: Improve your financial literacy
Step 8: Make financially stable career/business moves
Step 9: Make room for fun
Thank you!!!
Thank you
This BS does not work in the current economic climate.
Thanks
❤
🎉!Yay!🎉
What content! You never fail to provide good sensible quality advice.
I am working on paying down debt and building an emergency fund. Financially stable is the goal!
Thanks for being here!
Yes, I feel financially stable.
hey tyresse, lend me a billion dollars XD
@@thestream1lmao
The tip that I’ll start with is Empowering Myself with the Right Structure by building out my goals, staying focused and making room for fun! 💚💚💚
YAY! Do it! We are cheering you on.
Hey Sis, we are living in a different world now. It is becoming harder and impossible for some to become financially stable. It’s not about poor financial habits anymore. The value of our money is shrinking because the cost of living, goods and services is increasing exponentially. We are budgeting. We are frugal. We are avoiding unnecessary debt because we don’t have a choice. Yet, we aren’t financially stable but financially scared.
This all so true I try & try to save as little as 5$ each Pac period but once I get to my little goal of lets say 50$. Here come something else out of the blue that needs to be done or paid. Its not as easy as everyone thinks it is. So thank you for speaking the truth about this
You have to find out a way to make more. That’s the only way to be financially stable. That’s hard in itself. We need more videos about ways to make money
😢 so real for me
It’s all in the mind. Change your mindset to attract money and it flow to you.
Excuses. If you believe in excuses you’d never make it.
Thank you for this video. I am $100. away from a goal of $1,000. Emergency fund. Your video is a learning part of my learning process. I am 64 years of age and appreciate finding a way to feel in control of a.bit of my own life. I am willing to learn from a young person something important. “Out of the mouth of babes comes wisdom”.
Thank you for sharing your comment. I’m 41 and feel like it’s so hard to get ahead with saving for an emergency fund.
You are doing so great!!
Grateful for you sharing this information for free to all of us.
Everytime I watch a video like this, I cannot help but to feel sorry for my younger self. At that time, I was so financially iliterate that I would spend the small amount of money I was earning in thrash food, crappy clothes and insignificant things here and there. I did not know better… I will try to teach my kids about finances so they don’t feel miserables like I was. Not knowing my worth, made me accept people and situations not good for me or anyone. Thanks for this videos.
Me too
We all make mistakes – now you know better you can do better! Take the lessons and keep moving!
The emergency fund, paying yourself first, and learning better ways to invest are the tips that really resonate with me. Thank you 😊
Thanks for tuning in!
I don’t consider myself financially stable, but lm on my way there
Where divorce is rife, prices of everything have increased, 50/50 is the new dating, having good finances is a MUST! It really isn’t a choice. I don’t think all my girlfriends understand that yet. Making money while you’re young , while you have the energy to make investments and actually live your best live in your 30s is so important.
Agreed!
Omg girl I read that as if you were a man and got so concerned when you said “all my girlfriends.” girllll 😂😂😂
@@theartalli 😂😂😂 that would be pretty wild, but there certainly is guys who rock like that out there : /
@@theartallime too because 50/50 is cheap men talk 😂
I am 26 and living in an Eastern European country where 1000EUR will afford me a comfortable life. I have been cooperating all of these practises in my finances: set aside 30-40% of my income to put in bonds, live frugally and have emergency fund of 3 months of my expenses. I am also working on getting a promotion at work and getting certified for my professional skills. I stopped buying fast fashion clothes 2 years ago and shop responsibly. The only ongoing issue is that I don’t have budget for my grocery and still spend more than I want on grocery because I really like cooking. I go out 1-2 per week with my friends and colleagues but spend no more than 20 EUR each time. I am still pondering what else can I do to get financially stable by the time I am 30. And I realize it is a hard and lengthy process to become wealthy.
You are doing so well. You have developed very good discipline and have a strategy that works for you. Keep going.
Your advice is always so helpful. I remember watching one of you videos when I was unemployed and my financial situation was a mess. I was getting pink notices in the mail and my car was about to be put on the repo list. About 6 months later and now my car is about to be paid off, my credit score has improved, my savings account has a comma in it, and I am almost two months ahead on my bills! My spending has been a little out of control lately since I am moving, but I came here to get back on track! Thanks for everything! ❤
Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.
ideally, you should consider financial planning to get the best results with your money, notwithstanding economy situation
Well agreed, I’m quite lucky exposed to finance at early age, started job at 19, purchased first home at 28, got married shortly afterwards to raise kids early. Going forward, got laid-off at 40 amid covid ’19 outbreak, immediately consulted with an advisor in order to stay afloat and after subsequent investments, I’m barely 25% short of $1m ballpark goal as of today.
that’s incredible! would you mind if I vet your advisor pleas? started investing in stocks november 2022, but not confident to make the correct investments as of now, seeking professional help to achieve my financial goals
Catherine Morrison Evans is the advisor that oversees my portfolio. She’s been able to gain some reputation and online recognition with over two decades in service, so it shouldn’t be a hassle to find basic info.
this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, over 20 years of experience is certainly striking!
Thank you!🙏🏾🙏🏾🙏🏾