Learn about Finances! - Part 2

2,101 views · Published 8 August 2017 · 2:12:18 · Indexed 10 November 2026

Channel: MrLlamaSC · 2017 · Gaming

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Part 1: https://www.youtube.com/watch?v=1YvehIo_bTo

I know this is a bit of a different video than my norm, but it is something I feel passionate about and I wanted to share with everyone. Understanding the details about your personal finances can be extremely overwhelming but is one of the most important things to take care of in life! In this video I discuss: Taxes and tax brackets, budgets, types of debt, loans, credit cards, mortgages, buying vs renting, term/whole life insurance, financial advisers (fiduciary vs suitability standard), IRAs, 401Ks, Roth vs Traditional retirement accounts, HSAs, FSAs, compound interest, the rule of 72, bonds vs stocks, index funds, and more. 

I am not a licensed financial adviser, but I do spend a lot of time studying this stuff for fun. Hopefully it is helpful and you're able to learn a little bit! I know it's a little bit long but it is WORTH it if you are uncertain about your finances.

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