How to Build Wealth (Starting From Nothing!)

Believe it or not, you CAN build wealth even if you're starting from nothing. The problem is that most of us aren't taught how. In this video I cover "the wealth cycle" -- what it is, why it's not always accessible, and how to kickstart it regardless.

00:00 Start of video
00:41 The wealth cycle
02:16 4 reasons I couldn't start the cycle
03:15 The "money stress" cycle
03:58 The foundational stage
04:10 Ages and wealth stages
05:30 When to start your foundations
06:09 Foundational stage diagram
08:30 5 tips to build your foundations
09:09 Financial literacy recommendations
09:40 Who I am
10:32 Build your emergency fund
10:51 Review your cash flow
11:11 Bring mindfulness to your spending
11:22 Have a debt payoff plan

📹 VIDEOS TO CHECK OUT:
➤ How to Start Your Emergency Fund - https://youtu.be/kvF6WYYgegI
➤ How to Review Your Cash Flow - https://youtu.be/jJ3hC28SHvo

👋 CONNECT WITH ME:
➤ TikTok: https://www.tiktok.com/@wealthforwomenofcolor
➤ IG: https://www.instagram.com/wealthforwomenofcolor
➤ Pinterest: https://www.pinterest.com/wealthforwomenofcolor/
➤ Website: https://www.wealthforwomenofcolor.com

⚠️ AFFILIATE DISCLAIMER: Some of my videos and descriptions may contain affiliate links and sponsored content. This means I may earn a small commission if you use these links, at no extra cost to you. With that said, I only recommend products or services I have personally vetted or used, and that I think may be helpful!

⚠️ CONTENT DISCLAIMER: This content is strictly for educational and informational purposes. Lissa does not provide legal, tax, or investment advice. While she is an Accredited Financial Counselor®, her content is not intended to offer investment advice or serve as a substitute for personalized financial guidance tailored to your specific situation.

💁🏽‍♀️ Hi! I’m Lissa — an Accredited Financial Counselor®, personal finance expert, speaker, and so much more ;). I started Wealth for Women of Color because not enough BIPOC women have a safe space to openly learn about money and building wealth from a voice that speaks to them.

I hope today's video was helpful! Please show your love and support by liking the video and subscribing to my channel. Join my community and let's build generational wealth together!!

Activate the 🔔 beside the subscribe button to get notifications 📩. If you have any questions or video requests, feel free to leave them in the comments below.

Thank you for watching. Until next time, peace out! ✨

🔎 RELEVANT HASHTAGS:
#personalfinance #wealthforwomenofcolor #financialeducation

Тэги:

#wealth_for_women_of_color #wealthforwomenofcolor #personal_finance #personal_finance_for_women #financialliteracy #finances_for_women #how_to_build_wealth #how_to_manage_money #lissa_prudencio #wealth_cycle #personal_finance_help #help_with_finance #help_with_money

Скачать видео