BROADCASTS.com

b"https://www.youtube.com/watch?v=flRcG5OSztQ\\n\\n\\n\\n\\n\\n\\n\\n\\nThere are some real key financial practices that have allowed me to go from being nearly bankrupt to having paid of $22,000 of debt and build up a 4-5 month buffer fund.\\n\\n\\n\\nHere are 7 financial practices that are really changing my life.\\n\\n\\n\\n0:00 - Introduction1:33 - Van update2:17 - #1: Earn More Money4:47 - #2: Pay Myself First6:25 - #3: Building Up a Buffer Fund8:41 - #4: Finding a Budget That Works For Me10:53 - #5: Reducing My Expenses15:17 - #6: Living a Minimalistic Life17:01 - #7: Loving The Work That I Do20:00 - Financial Freedom Is No Longer THE Goal\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nThe 15 Minute Budget\\n\\n\\n\\nThe Power in Paying Yourself First\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00my financial situation has changed dramatically in the last 12 months. And there's some real key financial practices that I've been doing that have really helped me along this transformation. So 12 months ago, I was looking down the barrel of a potential bankruptcy thinking, I don't actually have enough money to pay the bills that I need to pay. I remember having a freakout moment, I was either in June or July of 2019, being like, I don't know what to do.\\n\\n\\n\\nLuckily,\\n\\n\\n\\nI had some income coming in, I was able to delay some payments didn't have to go through bankruptcy. But in the last 12 months, I've been able to pay off $22,000 worth of debt, and actually build up a four to five month buffer fund for myself as well. So I actually have enough money to get me through the next four or five months. So very drastic situation to Okay, I don't know how to pay these bills tomorrow. And I may go bankrupt too. Now, I paid off a bunch of debt. And I've got this buffer fund. And I'm looking like I'm in a position where I if things go really well, which looked they probably won't go as well as I'd hoped I could potentially pay off my debt by the end of the year, but probably take a little bit longer than that. So big transformation in the last 12 months. And there's some key financial things that I've been doing that have helped me along that transformation. So today, as I sit in the van, and as I have a morning coffee, I want to share that with you. Before I do, let me just show you what I've been up to. And I did a video a little while back and the van was a complete mess. And you can see that now I've kind of really set it up the bed is made, I've got my standing desk here. So I can just kind of stand and work on my laptop here. Or I can actually pull up my esci with a seat on it and actually hang out on that the battery for the van is charging at the moment, it's been dead for a while. So it should be good to drive around. And I should be able to actually work on the beach in here very soon. So I'm very excited about that.\\n\\n\\n\\nSo you may see me filming on location pretty soon. But I want to share these financial things with you. And there's seven of them. The first one, and I think it's the most important and it's made the biggest change. And that's actually earn more money and focus on earning more money. 12 months ago, I was in a situation where I was not earning enough money to pay for private school to pay for my debt to pay for my rent. and reducing expenses was a big part of that my kids are no longer in private school. I'm currently not paying rent at the moment, but actually building up my income and growing my income has been what's allowed me to pay off my debt. And allow me to build up that buffer fund. So the way that I approach it is I run my own online business. But each and every day, I'm doing actions that are going to actually increase my income in the long run. So rather than just working for the income that I'm going to earn for the day, the work that I do is going to increase my income in the long term. So whether that be content for on property, or whether it be articles for other websites, all the work that I do generate long term income and build up my income over time."