23 years old lived below our means to reach our goal

@fireby38

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Promoted product

VOO

Vanguard S&P 500 ETF (VOO) - Find objective, share price, performance, expense ratio, holding, and risk details.

11 videos10 creators

Why it worked

The video provides a clear, concise breakdown of a personal finance goal and the steps taken to achieve it, making it relatable and aspirational for viewers interested in investing and early retirement.

Summary

The video details how the creator, at 23 years old, invested $2,710 by living below their means. They break down their investments into VOO and VXUS, explaining what each fund tracks and how it contributes to their total portfolio of $153,000, with a goal to retire in 15 years.

Structure

1Introduction of goal and investment amount
2Explanation of VOO investment
3Explanation of VXUS investment
4Total portfolio value revealed

Original caption

This month, we invested $2,710 by living below our means. Here’s exactly what we bought and why. We’ll be back next month to do it again. #finance #PersonalFinance #money #investing #financialliteracy

More from @fireby38

Product placement

VOO: acts as an ETF that tracks the S&P 500. Removing it would change the video's explanation of investments. VXUS: acts as an ETF that tracks stocks outside the U.S. Removing it would change the video's explanation of investments. Vanguard S&P 500 ETF: appears as a stock chart overlay. Removing it would not change what happens in the video. Vanguard Total International Stock Index Fund ETF: appears as a stock chart overlay. Removing it would not change what happens in the video.

On-screen text

23 years old lived below our means to reach our goal invested: $2,710 here's exactly what we bought 2 shares of VOO: $1,374 VOO: tracks the S&P500 Vanguard S&P 500 ETF 684.84 -0.90% -6.22 1D 5D 1M 6M 1Y 1D Apple -Microsoft all of it in a single fund 16 shares of VXUS: $1,336 VXUS: tracks stocks outside The U.S. Vanguard Total International Stock Index Fund ETF 84.84 +0.27% +0.23 1D 5D 1M 6M 1Y 1D our total portfolio: $153,000 goal: retire in 15 years just gotta stay consistent

Transcript

We hit our goal again. Live below our means and invested $2,710 this month. Here's exactly what we bought. Two shares of VOO for $1,374. VOO tracks the S&P 500, which basically lets you buy a slice of the 500 biggest US companies in one shot. Apple, Microsoft, all of it in a single fund. 16 shares of VXUS for $1,336. VXUS tracks stocks outside the US. We hold it so we're not betting our whole future on one country's economy. That brings our total portfolio to $153,000. Goal: retire in 15 years. We're on track to retire in 15 years. Just gotta stay consistent.