How to Become Rich | Retire on $10 a day

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How to Become Rich | Retire on $10 a day.
There is a seemingly endless amount of questions surrounding personal finance and money in general in this world.

For example, can average people become millionaires today? Yes.

How do the rich become rich? By following the principles of good money management that we all know, but only a few actually do.

Is it possible to retire on $10 a day? Historically speaking, absolutely yes! And in today’s video I’m going to show you just how to retire wealthy by saving a mere $10 a day.

All of my Personal Finance/Investing videos: https://goo.gl/XW5U3k
All of my Book Summaries: goo.gl/xmWeaD
All of my Social Skills videos: https://goo.gl/N6ikxe
All of my Health Related videos: https://goo.gl/hjQ1j9
All of my Productivity videos: https://goo.gl/WguoFs

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Please watch: “Acorns Review | My Thoughts on Robo-Advisers (Discussion)”

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10 Comments

  1. Good stuff man. For the longest time I thought you were drawing those images.

  2. Glad I found your videos.

  3. I over your videos! I'm learning a lot! Thanks!

  4. I started my 401k plan over 30 years ago with a saving rate of 4% and company match of 2%.   It was $16.80 a week, and believe it or not, it was a struggle for a young guy with a family to even do that.  Each time I got a raise, I would bump my contribution by half (sometimes 1/3) of the raise percentage.   After several years, I was able to get to 10% and my complete company match of 5%, without it hurting or really even noticing using the small increments that I did.   Long story short, if you had told me 30+ years ago that I would have seven figures in my 401k, I would have thought you were crazy.  Not so crazy now.   I attempt to pass this method along, but the young guys think it's crazy.

  5. Geometric average is not so great in this case; if the market goes down 10% one year and up 10% the next year this average is 0%, while the market is lower than in started. Better take the n'th root of the fraction between value of the market at the end and beginning of the period you look at, where n is the number of years!

  6. inflation is closer to 2% per year

  7. Like the content but the drawing crap is distracting.

  8. I've seen like five of your videos so far, if I have to see that stupid red car, the thinking man, the smiling guy in the suit with thumbs up, or the pile of gold coins again I'm gonna blow my brains out

  9. Great video, giving all the information anyone needs to become wealthy. It's disheartening that more folks haven't watched or commented.

  10. Excellent! Love the graphics!

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