Channel: The Financial Diet

Category: Howto & Style

Tags: how to build wealthinvest in your futuresaving moneyretirementget rich quick mythsretirement savingslifestylethe financial dietwealth building secretshow to get richlauren ver hagepersonal financemoneyhow to investchelsea faganinvestingfinance

Description: In this video, Chelsea debunks several myths we carry about wealth-building, from thinking we’ll get rich from one lump sum to thinking you need a “traditional” bank to do it. This video is sponsored by Digit. Download the app and sign up today! Signing up takes less than 5 minutes: link.digit.co/thefinancialdiet Direct℠ is a deposit account powered by MetaBank®, N.A., Member FDIC. More details can be found at https:/digit.co Inheritance stats: fool.com/research/high-net-worth-inheritance annuity.org/retirement/estate-planning/average-inheritance Lottery: businessinsider.com/powerball-odds-why-people-think-theyll-win-2018-10#we-focus-on-the-winners-not-the-losers-7 Job hopping: forbes.com/sites/jackkelly/2019/07/26/a-new-study-concludes-that-it-literally-pays-to-switch-jobs-right-now/?sh=4060d9b45959 Negotiating salary: cnbc.com/2018/12/18/not-negotiating-salary-could-cost-you-750000-throughout-your-career.html Home ownership: investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp investopedia.com/articles/mortages-real-estate/11/the-truth-about-the-real-estate-market.asp bankrate.com/real-estate/renting-vs-buying-a-home Long-term investing: investopedia.com/articles/investing/021116/3-reasons-not-sell-after-market-downturn.asp youtube.com/watch?v=COYqK7-OPT0&t=52s Wealth by education: peoplespolicyproject.org/2020/10/01/wealth-inequality-across-education-and-class-in-2019 Save vs. invest: bankrate.com/banking/savings/average-savings-interest-rates smartasset.com/investing/investment-calculator#VUxJmK8xx5 Join this channel to get access to perks: youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: thefinancialdiet.com Facebook: facebook.com/thefinancialdiet Twitter: twitter.com/TFDiet Instagram: instagram.com/thefinancialdiet/?hl=en