How do I level up as a Man after blowing through £90,000?
How do I level up as a Man after blowing through £90,000?
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Classic video.
Thanks!
I drive a 2006 Corsa Lite…..not ashamed at all!
Thanks!
I should listen to you more often. I'm < 2 years in the UK, came in with debts, worked for 15 months, got £15k savings with all debts paid off, but I know I can save more listening to you. Thanks bruv.
Thanks!
Thanks!
Thanks!
It's important to have a will but you need to make ammendment to it to have stop gaps in place to avoid giving it to a wreck less kid at a young age.
I would have blown that amount as well in my 20s I did not work for it.
Also financial education is very important. Teaching your kids , nephews and nieces how save money, how to build and use credit. How to use business credits, loans and stock trading.
hmmmmmmm
He should have bought a house with that amount
Self disciplined is very important. I bought a house in 2014 and I was given 30 years to paid off , I paid off the house in 3 years. The bank tried to cornered me to refinance in the name of savings money I said no. I paid it off . Now, I have a nice house with no mortgage to worry about monthly. I took the same principle to buy a car. I bought a 2018 car an I was given seven years to pay off, I paid off in one year. A great saving. The bank could not make money off me. I could not accomplish this without extra efforts and sacrifices on me.
He could have used part of the money to sponsor his education or a vocational training and invest the rest.
The thunder ⛈️ that will strike some persons is still brewing. People will just place expectations on you just like that!
I think you need to do a whole video on extended family. Especially the ones that don’t show up until it’s time to eat on your wedding day or when your parents pass away and they are ready to control the burial and properties. My friend in NY went through that when his father died. It is quite crazy. Hollywood couldn’t cover such a story.
They buried their father James Bond style. Swift and quietly. Hilarious.
Unfortunately I'm 60 without no money and have to rely on the you know what.dont know anything of how to invest the little I try to put aside.there is no where reliable to go and get proper advice.
Bury -Back in UK – Job done!👏🏾👏🏾👏🏾👏🏾👏🏾
lol – How do people get matured at 25 or more when they are not financially trained or educated? Schools do not teach or take money education seriously. Two things all countries do not take seriously in SCHOOLS 1. Financial education 2. Social education in relation to the particular country. Basically how to live positively on the streets.
Paid off my car and never will I ever get a into car notes again becauseof the interestwe end up paying. I'll buy a salvaged car fix and keep it rolling.
Phrankleen you are funny sometimes…..They are yet to manufacture that family to call Phrankleen 😂🤣😂 that cracks me up.
Phrankleen!!My type of guy!!kudos… keep up the good job…much love from DK!!
Financial education is necessary from grade school to prepare for the future.
Hi phrakleen . Pls watch BBC news Africa. This morning. The story of a lady who was once a cleaner in The states now an hotel owner/ manager. My two hands rebuke the spirit of poverty 😂
I don’t know why i should have a car in Nigeria if i’m not travelling down every 3-4 times yearly
😂😂😂😂😂😂😂 Fantastic awon omo olorire. The ancestor ma binu ooo😄😄😄 ki Baba won ma lo ji pada wa sa aiye oo😂
Please bury them in blue man’s land ooooo😂
Phrankleen do you ever think of writing books or being marriage Adviser ? ( Counsellor )
Wisdom bro Phrankleen 👊🏽👊🏽👍🏾
It’s not putting them down but it’s just the way African parents are .
They failed in their responsibilities to be their children mentor through life.
They only put pressure on their children when they turned adult to get married.
Backward culture. Family members that did not know how you went to school or contribute a penny to what you are in life. Absolute rubbish
WE MUST FROM TODAY PUT ASIDE 50_% OF OUR MONEY FOR OUR OWN PERSONAL INVESTMENT.
TO HELP YOU FIND THE COURAGE TO PURCHASE A PROPERTY.
HOWEVER SMALL YOUR EARNINGS, YOU SHOULD ALWAYS HAVE TIME FOR YOUR FUTURE 5 YEAR GOALS.
GET YOURSELF AN INDEPENDENT SPECIALIST MORTGAGE FINANCER .
THAT WILL GET YOURSELF A MORTGAGE PROPERTY. ?
ENSURE YOU PAY UP 12 MONTHS MORTGAGE UPFRONT.
SELL THAT PROPERTY AND BUY ANOTHER PROPERTY FOR RENTAL PURPOSE.
NO MORTGAGE BROKER NEEDED FOR CASH BUYER.
THEREFORE YOUR RENTAL INCOME WILL EMPOWER YOU TO BUY ANOTHER PROPERTY FOR RENTAL PURPOSE.
THEREFORE ONE FOR SELLING PURPOSE. AND TGE OTHER FOR RENTAL PURPOSES
THAT'S CALLED THE SIMPSON METHOD.
HALF AND HALF.
YOU COULD INVEST IN MUTUAL FUNDS WHICH IS A BRILLIANT IDEA IF YOU CAN FIND AN INDEPENDENT SPECIALIST BROKER WITH KNOWLEDGE OF THE MARKET.
YOU ONLY PAY AN INDEPENDENT SPECIALIST AFTER THEY HAVE SECURED YOUR MORTGAGE OR SHARES. ?
A PERCENTAGE OF WHATEVER THE COSTS THE BEEN SET UP YOU AT ALL TIMES HAVE A RESPECTABLE LAWYER THAT YOU MAINTAIN FIR THE DURATION OF YOUR LEGAL BUSINESS,HE DOCUMENTS AND CHARGE FIR EACH INDIVIDUAL TRANSACTION.
THEREFORE BE AWARE OF THIS FACT.
ALLOW YOUR SELF SUFFICIENT SENSE TO REALISE THAT WITHOUT SPECIALIST EXPERTS YOU CANNOT GO FAR.
NO MAN IS AN ISLAND, NO MAN STANDS ALONE .
YOU ALSO REQUIRE AN ACCOUNTANT WHO AS KNOWLEDGE OF TAXATION EXPERTISE. ? .
THEREFORE CHECK THIS OUT THESE ARE THE GOALS YOU SHOULD TEACH YOUR CHILDREN FROM THE BEGINNING.
THERE IS THE ONE FAMILY ACCOUNT. IT'S ONLINE.
BEHAVIOUR IN SAVING IN A CREDIT UNION OR BANK OF ENGLAND INVESTMENT ACCOUNT.
YOU CAN OPEN 2 INVESTMENT ACCOUNT ONE FOR SAVING AND ONE FOR INCOME.
EACH MONTH A CERTAIN AMOUNT IS RETURN TO YOU AS AN INCOME EARNER?MONTHLY YEARLY QUARTERLY?BASIS.
THAT MONEY YOU BUT CAN GIVE YOU FINANCIAL FREEDOM.
Frankleen keep on keeping going on..!!!!
Awesome
my mum died and left me £28,000 I was adding it but my husband was stealing it behind by back and gambled it all away by the time bank informed me about what was going it was too late. We are facing homelessness because owe eight months rent to our landlord I didn't know any of this until I received a letter from their solicitor. We do not anywhere to go the council cannot help us. My biggest issue is ours children and I have loss my job and cannot work due to health issues at the moment I am so stressed it has physically ill because the person you are supposed to trust is the one destroying you now I am at whits end with worry and stress that my hair is felling out.
The Nigerian people always says l am a graduate.
Uncle talking the real about Kent and Peckham 😂😂😂
This was so informative
i hope people are listing am learning that's very good knowledg God Bless you you my Brothers
Hi
YOU ARE THE BEST PHRANKO
This is awful. There's alot of talk in our community these days about "generational wealth." The worst thing is to give gold to a fool. With all the advantages given to him and the leg ups he has been given, he is the same situation as someone that had no such privileges. Shows the importance of teaching children from early the importance of financial responsibility and personal finance.
In our community we need to rid ourselves of the spirit of showing off .
On a practical note, educate yourself. Read Millionaire Next Door, The Richest Man in Babylon to get started. Recently the FIRE (Financial Independence Retire Early). Google, YouTube it. A Nigerian man, Ken and his wife Mary have a channel on YouTube called "The HumblePenny" watch some David Ramsey video.
Consider opening an ISA..
He also needs to upskill, go back to school… increase you're earning long term. You will be older anyways. Why don't you earn more while being older.
You know when he was talking about Kent, these are the same Africans if thyre a female and they perceive you as carribean/ other black nationalities , they will quickly say : you know am married.
– oh so am I
– oh your kids is your husband the father ?
Some Africans are dead full! Sorry
The greatest problem of the black community is we DO NOT have financial education. Like I said many times, I’m from South America. The culture that is spend first. This is very wrong and reason why this reward culture lets have nothing and sets us back financially.
It's the same mentality everywhere in Africa . I come from zambia. Have Zimbabwean and South African friends, its the same struggle.
You nailed it. A lot of issues rest on financial management and that is what holding the black Africans down. They need this knowledge. Thank you Phrankleen.