Financial Freedom!!!

[angelicwarrior31]

That is so true create extra income in today's economy now it's hard to do that.

[mohammedabshaun]

@angelicwarrior31 why do you say that? Could it be hard because of current knowledge at the moment, you don't know how to create it. To me it's very easy, I would say expand your self more by reading business books and following other great entrepreneurs

[angelicwarrior31]

@mohammedabshaun it's discouraging sometimes especially if there is not enough revenue coming in but you do have very good points in your video.

[mohammedabshaun]

@angelicwarrior31 Angel what do you currently do know. You have control over more income. You just have to create it. If your mind believes you can't do it, you never will

[Greatersend]

My thoughts? Bills paid, debt free and then save how you like is the key. Yes, my account when shot down, but I'm once again debt free to save more money.

[mohammedabshaun]

@Greatersend good for you

[shaunshaun88]

if u want to spend free money, put all ur savings into corporate bonds and those interest is enough for u to spend luxuriously



[mohammedabshaun]

@shaunshaun88 I don't know about all.

[Pullingmyselfup]

@shaunshaun88 I'd never suggest anyone put all their money into anything. Especially corporate bonds.

[shaunshaun88]

@Pullingmyselfup haha...why is this so? Corporate bonds payout the best.........pick the stable companies........putting your money in stocks is worst!!!!!!!

[Pullingmyselfup]

@shaunshaun88 100% in corporate bonds (or anything investment wise) is like only have a job as an income stream. You run the risk of if something goes wrong you have no back up plan. A company that raises its dividend every year will end up paying more then their own bonds do as those pay a static amount each year and get worse vs inflation.

[Pullingmyselfup]

@Pullingmyselfup I am not saying they are bad, I own some myself. All I am saying is they are not the perfect investment each and every year to be 100% invested in.

[shaunshaun88]

@Pullingmyselfup sorry.........dividends paid out are lesser than corporate bonds...........go do your own research before u make a nuisance of yourself..........and u run the risk of stock price going down when market crash.................and also when they won't pay out your tiny-winy dividend........just look at your own reply and laugh at it...

[Pullingmyselfup]

@shaunshaun88 Corporate bonds are unsecured debt and at the bottom of the bond ranking, lesser as you call it. 1st lien, 2nd lien, and secured debt all comes first. All of that only matters in the case of liquidation or bankruptcy which you yourself have stated to pick stable companies so your point doesn't even matter.

Its really amazing how quickly people try to taunt and insult others without stopping to think how they are looking to others. Continue if you wish, I'm done in this conversation

[shaunshaun88]

@Pullingmyselfup wtf are u talking about.........ur fking hilarious...........really go read thru what u said.....u obviously cannot differentiate between stocks and bonds.........i know it's still holidays.....go back and study kid....

[shaunshaun88]

i have lots of money.........i make 500-1bil. a year...too much money to spend

[judutchinski]

Abdul. Thanks. You've changed my thinking. It's you that broke the camel's back. I just ran into a old grad school professor of mine. He is one of the best in the world in the industry. He basically called the job market for new grads...a nightmare (literally,best kids in the world). Im doing good, but passive income is the way to think and go. You are right. I was always so short sighted regarding finance. Trying to get my wife to co-brainstorm until one of us solves the creative puzzle first.

[mohammedabshaun]

@judutchinski I am glad you found some value i this.

[Delmore434]

i think having your own business is great and i think that it opens a lot of doors and creates an unlimited amount of opportunity to gain as much wealth as possible, im currently working on opening a small used car dealership here in Baton Rouge Louisiana and its fairly easy to get started.But this is considered my baby business, thus business will allow me to grow financially so that once i have gained all of the funds needed i can start a better business or grow the car business(investing)

[SFCGrazier]

Why dont you just run for president? Seriously, you know how business should be conducted.

[BigDirtyBasterd]

If you have a house, a car that works, and a job. You are doing better then most. Don't buy what you don't need, it takes a while but once you notice all the cash in your account. Your quality of life will improve.

[GraceAnnHawkins]

i dont think making payments on anything that doesnt gain value is a bad idea, car payments and payments on toys will really hurt cash flow

[jehcrazyjehcmy]

you just got to be motivated enough to search for it.

[jehcrazyjehcmy]

Man you are right!!!!

Instead of trying to save and take the slow path create extra income!!!. I see it like this if I have one hustle that brings in an extra 500 1000 a month let me see how I can get 3 more hustles like that. I just started my first one and it's already paying off. The knowledge is out there what I do for money outside of work now is something I had NO CLUE about but now I am doing it all from reading books, manuals, ebooks and watching youtube vids the knowledge out there

[mohammedabshaun]

@jehcrazyjehcmy this is true



[lorentsmful]

when i lived in kona, hawaii, i remember putting around on my moped in the kmart parking lot, back when kmart stock went down to dollars a share. and there was robert keyosaki in the parking lot telling a few people at random, walking to their cars to buy as much kmart stock as they can. i didn't know who this guy was at the time and thought he was a con man or something. lol. should of listened to him.

[mohammedabshaun]

@lorentsmful interesting story

[jehcrazyjehcmy]

@lorentsmful For real?!

[judutchinski]

@lorentsmful - what year was that, just curious?

[jmariebooklets]

I'm in the process of paying my car off early. The plan is to have it done by my birthday in Nov.

[raunholt]

being debt free and save every month, thanks!