Hook
If you want to make more money, you therefore need to be financially smarter with your money. So here's three financial habits to get ahead. And the first thing you need to stop doing is using this thing, which is a debit card. I haven't used my debit card in honestly, I don't even know how long. Ever since I got my credit card, bro, that's the only thing I swipe. And honestly, I don't even know how long. Ever since I got my credit card, bro, that's the only thing I swipe. I said this because with the debit card, you're not getting any rewards back on your money. With the credit card, you're swiping, swiping and getting rewards back on your money. It only makes sense to use it. Stop using your debit card if you want to get financially ahead. Number two is, bro, try to get yourself more than one source of income outside of your main job. Whether it's your 9 to 5 side hustle, pick up some extra side hustle. Just learn some ways to make more money. So therefore you can save and also invest money. This leads into my next two things. And this leads me to number three, bro. Make sure you're investing your money. I cannot stress this enough, bro. You need to be investing in ETFs, which is essentially exchange traded funds, which is a big basket of stocks. This basically means instead of investing in one stock, you're investing in multiple, which is way good for the long term and way better than a traditional savings account. And everyone should be doing it. It's a no-brainer. Number four, bro, you got to ditch the traditional savings account. I promise you, you are losing money by just putting your money in the traditional savings account. When you could be putting into a high yield savings account, which earns back 3 to 4% back on your money each month, which is way better than a traditional savings account. It is a no-brainer if you get what I'm saying.
More breakout videos from this creator.