If I was starting over, this is the order I would follow in order to achieve my financial goals.

@notesbynathan

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Why it worked

The video provides a clear, actionable financial plan with personal financial transparency, which resonates with viewers seeking financial advice and motivation. The use of on-screen graphics to display account balances and the numbered list of steps makes the information easy to digest and follow.

Summary

The creator outlines a six-step plan for achieving financial goals, starting with saving $1,000, contributing to a 401k match, paying off high-interest debt, expanding an emergency fund, investing in tax-advantaged accounts, and finally investing in a brokerage account. They also share their current financial status for each step.

Structure

1Introduction and goal setting
2Step 1: Save $1K in HYSA
3Step 2: 401k match
4Step 3: Pay off high-interest debt
5Step 4: Expand emergency fund
6Step 5: Invest in tax-advantaged accounts
7Step 6: Invest in a brokerage account
8Conclusion and call to action

Product placement

The video discusses financial goals and personal financial status, including savings accounts (HYSA, emergency fund), 401k, high-interest debt (credit cards, mortgage), Roth IRA, HSA, and brokerage accounts. Specific account balances are shown on screen.

Original caption

This is the order I followed to gain some control over my finances, so I wanted to share. AND If you want to open a HYSA or brokerage account, the ones I use are listed at the top of my page 🫡 I would also love to hear where yall are at in your financial journeys so let me know! #money #investing #transparency #banking #financialfreedom

More from @notesbynathan

Their other posts in the index, biggest breakout first.

Call to action

I would love to hear where you are at so let me know and follow along for more.

On-screen text

Best Order for Financial Goals & Exposing How Much $ I Have (30 yr old who wants to make his wife work optional) 1. 2. 3. 4. 5. 6. 1. Save $1K in HYSA ✓ 2. Participate in employer 401k benefit up to full match 3. High interest debt? Bye ho (anything over 7%) 4. Expand your emergency fund!! 5. Tax advantaged accounts (Roth Ira, hsa, 401k) 6. Invest in a brokerage account My current debt: $390k (Mortgage and one credit card at 0% APR) $390,000 Emergency $22,292.04 Current balance $22,000 INVESTMENT $79,632.59 JOINT WROS $79,632.59 +$72.82 (+0.09%) $79,000 RETIREMENT $155,434.77 ROTH IRA $90,224.75 $155,000

Transcript

If I was starting over, this is the order I would follow in order to achieve my financial goals. And for fun, I'm going to expose the status that I'm at for each of these goals. Step one, I would do everything that I could to save $1,000 and put it in a high-end savings account. This is so you can cover anything that might come up and not go into debt and earn a little bit of interest every month in the high-end account. I'm status on this is that I'm fully funded. Number two, if you have a job that gives you a 41K benefit, I would do whatever the minimum investment is to get the full match. This is literally free money. For my current status, I am currently investing 20% to my 41 and especially credit card debt. Those guys are like 20 to 30%, so getting rid of that is essential. I'm about $3900 in debt with my mortgage and I have a little bit of credit card debt just because I have a 0% interest rate PR period where that money is just sitting in an high-interest account so that I'm earning interest instead of the bank. For the sake of the expand your emergency fund to three to six months of expenses. As for status, we've about $22,000 sitting in a high-interest account earning us interest every single month. Step five, start putting money into tax advance accounts. For me, I always prioritize my Roth IRA, then my HSA and then my 401K. For current status, I have about $15 And lastly, whatever you have left over can be invested into a brokerage account. This account has absolutely no tax advantages, but you can take it out whenever you want. And as for my current status, I have about 79,000 dollars in this account. Anyway, that's the order I'm following to achieve my financial goals. I would love to hear where you are at so let me know and follow along for more. And those are the notes.