Episode 313 - The Best Financial Strategies based on Your income Level

Humphrey Yang's YouTube video outlines financial strategies tailored to different income levels: $40k, $75k, and $100k+ per year. For the $40k range, the focus is on eliminating consumer debt, building an emergency fund, and seeking additional income streams, potentially through side hustles or certifications. Those earning $75k should concentrate on tracking expenses, managing debt, increasing their savings rate, and targeting financial freedom. At the $100k+ level, the video advises viewers to avoid lifestyle creep, determine their financial independence number, and consider higher-risk investments to accelerate wealth growth. Ultimately, the video offers actionable steps for viewers at various income brackets to improve their financial wellbeing and work towards long-term financial goals.



Source :

Humphrey Yang

YouTube Channel