WE ALL FEEL POOR (CAN IT EVEN BE CHANGED?)

Buy me a coffee ☕☕☕ https://www.buymeacoffee.com/maciekz

🔔🔔🔔 🟢 Start Here! - Search for real estate: https://bit.ly/searchflorida

►►For client inquiries, call me or text me at 941-400-7084, or email at [email protected]

►►Schedule a 30 minute call with Maciek! https://calendly.com/maciekz/real-estate-questions

►►Need a loan, refinance, or want to talk to Chris Kouvatsos? Give him a call: 941-806-7625

"Extreme Budgeting for Homeownership: Money Management and Mindset for Young Adults and Renters"

[00:03](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=3) Message for young adults and those struggling with finances to manage money, budget, and work towards home ownership.

[02:18](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=138) Start extreme budgeting by tracking and addressing highest expenses.

[04:24](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=264) Extreme budgeting involves changing to a cheaper car to save money

[06:31](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=391) Living paycheck to paycheck is not the path to riches.

[08:34](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=514) Extreme budgeting is about investing money differently and seeing it add up

[10:51](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=651) Starting small and utilizing available programs to make home ownership and real estate investing more accessible.

[12:52](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=772) Tips for covering down payment and seller credit

[15:01](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=901) Extreme budgeting is essential for financial success

---------------------------------

"Extreme Budgeting for Homeownership: Money Management and Mindset for Young Adults and Renters"

[00:03](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=3) Message for young adults and those struggling with finances to manage money, budget, and work towards home ownership.
- Targeting people aged 16-21 without home ownership, those struggling financially, and those wanting to transition from renting to home ownership.
- Emphasis on proper money management, budgeting, and the importance of starting with budgeting to stop renting and build equity.
- The need for drastic expense cutting, specifically food expenses, to address financial challenges and work towards extreme budgeting.

[02:18](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=138) Start extreme budgeting by tracking and addressing highest expenses.
- Categorize expenses from highest to lowest every month.
- Focus on lowering the highest expenses like mortgage or car payment for maximum impact.

[04:24](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=264) Extreme budgeting involves changing to a cheaper car to save money
- Consider using public transportation in urban areas or buying a cheap car in rural areas
- Reducing car payments can help in saving money for other expenses like housing

[06:31](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=391) Living paycheck to paycheck is not the path to riches.
- The alternative is to have extra money left over from your paycheck by eliminating expenses.
- Saving leftover money and placing it in a high yield savings account can help build up savings over time.

[08:34](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=514) Extreme budgeting is about investing money differently and seeing it add up
- Through extreme budgeting, you will start to see free money pile up through interest payments, which will naturally motivate you.
- Young folks should focus on acquiring and getting ahead in life rather than upkeeping an image for social acceptance, as family is what truly matters.

[10:51](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=651) Starting small and utilizing available programs to make home ownership and real estate investing more accessible.
- I started investing at 22 by saving money and utilizing a down payment assistance program.
- Programs like DPA and FHA make the down payment more affordable, requiring individuals to save close to half as much money as they would regularly need.

[12:52](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=772) Tips for covering down payment and seller credit
- Research financial education to cover down payment and expenses of owning a home
- Maintain a good budget, minimal debt, and have a job for loan qualification

[15:01](https://www.youtube.com/watch?v=xOy1K7kTsGQ&t=901) Extreme budgeting is essential for financial success
- Self-employed individuals often write off a lot to reduce tax bills, negatively impacting their ability to qualify for loans
- Real estate appreciation, mortgage paydown, and flipping properties can lead to significant financial gains, but it all starts with extreme budgeting

Тэги:

#first_time_home_buyer #money_management #budgeting_tips #financial_freedom #home_ownership #stop_renting #build_equity #extreme_budgeting #down_payment_assistance #young_adults_finance #saving_for_a_house #real_estate_investment #financial_planning #home_buying_tips #debt_reduction #how_to_buy_a_house #home_buying_process #mortgage_tips #financial_literacy #personal_finance #first_home_purchase #getting_ahead_financially #financial_goals #investing_in_real_estate

Скачать видео