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What I Taught My Employees About Money

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Published on 28 Jul 2023 / In People & Blogs

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Join Andrew as he discusses the lessons he taught his employees about money management, especially those who had little to no prior financial education. He also provides valuable insights on simple investment options for beginners and the benefits of sticking to a long-term investment strategy.

With Andrew's expertise and real-life examples, you can gain valuable insights into managing your finances effectively.

00:00 Start
1:47 Be Prepared for Anything
2:23 Start an Emergency Fund
4:14 Budget That Zero's Out
6:45 No Debt
7:51 Pay the Smallest Debts first
9:03 Pay Yourself First
9:18 Save Raises - Keep Lifestyle
10:37 Keep First Investments Simple
13:14 Stick With Your Principles
16:03 Long-Term Strategy

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Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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Never_Again
Never_Again 1 year ago

06:40 ... Back In ~'81-'82 Jane Pauly ( TV News Chick ) Whilst Still Employed In Frisco Area as a Little Cutie Interviewed John Paul Getty Jr. ~One Hour Show Hanging With Him For The Day. As He Drove Her & The Camera Man Across The Golden Gate Bridge In His Used Travel-All She Asked Him Why With All His Billions @ Disposal He Didn't Have a Fancy Vehicle Let Alone a New One.?

He Told Her a New Car Was a Bad Investment Because For The Most Part Unless Ya Just Park It For a Long Time & Hope It Becomes a Rare Classic ( or whatever ) As For a Daily Driver It's Just a Waste of Money, If I Re-Call Correctly He Paid $800 For That Travel-All. :)

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