8 Financial Habits Ill Be Adopting This Year
b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/8-financial-habits-ill-be-adopting-this-year\\\\/#arve-youtube-eqtycsrf-na659a0b2c9e462784051190","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/eqTYCSRf-nA?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nHere are 8 financial habits I\'m focusing on in 2019 to move myself forward financially. Getting out of debt, achieving financial freedom and moving on to real wealth.\\n\\n0:00 - 2018 wasn\'t my best year financially\\n1:05 - #1: Budgeting and being frugal\\n2:08 - #2: Pay yourself first\\n3:04 - #3: Snowball my debt\\n3:38 - #4: Expanding my minimalism\\n4:56 - #5: Selling my excess stuff\\n6:12: - #6: Always be improving by 1%\\n7:37 - #7: Constantly creating passive income assets\\n9:12 - #8: Practicing gratitude, compassion and pride\\n11:40 - My 8 habits to get me debt free and financially free by 2020\\n12:44 - I\'m so excited for 2019 and moving towards financial freedom\\n\\nResources Mentioned in This Episode:\\nAtomic Habits Book - https://onproperty.com.au/atomichabits\\nBarefoot Investor Bank Accounts and Budgets Explained - https://www.youtube.com/watch?v=YMKss1bLycw\\nMy Minimalistic Wardrobe - https://www.youtube.com/watch?v=xIEF5_ATaio\\n\\nRecommended Videos\\n10 Things We Are Cutting Out of Our Budget - https://www.youtube.com/watch?v=eX5DoSRFjN4\\nTranscription:\\nIn 2018 I didn\'t have the best year financially. My businesses were spinning off enough passive income that I didn\'t really need to work or worry about money, so I didn\'t. I didn\'t really work or I didn\'t really worry about money and I focused on a personal things in my life. Went through a whole bunch of stuff, discovered a lot about myself, overcame depression, had a great year on the personal side of things, but not so much on the financial side of things and 2019 is going to be a big year for me financially, moving myself forward, paying myself out of debt, getting out of debt, growing my passive income as well so that I\'m back to that position of financial freedom and then moving onto wealth and moving onto that longterm financial freedom. So here are eight financial habits I\'ll be adopting this year to move me closer to my goal of being debt free and being financially free.\\n\\nHi, I\'m Ryan from on property. I help people achieve financial freedom and you\'re really excited about 2019. The first thing that I\'ll be doing is just budgeting and being frugal. With my money, so keeping track of my money, I\'ve got a system set up now that works really well for me when it comes to budgeting. It\'s very similar to what the barefoot investor recommends, but I did some slight tweaks to it. You can go ahead and check out the video on how I do that by just searching barefoot, investor bank accounts in Google or in Youtube and I\'ll link to that video in the description down below, but I\'ve got a system set up where budgeting becomes really easy and my focus is just on my weekly living expenses so all my fixed expenses are in place and being frugal in that aspect. They\'re all being paid for.\\n\\nMy focus is on my weekly expenses and how I can spend as least as possible during the week so I\'ve got more money freed up to pay off debt and to grow my wealth. So that\'s the first habit that I\'ll be doing is budgeting. Focusing on that and tracking that and seeing how I\'m doing. The second habit is one that I started last year that I\'m going to continue into this year, and that\'s paying yourself first. I really believe in this principle. I believe in this habit, in this action that when you are paid, pay yourself first so when you\'re paid money first goes towards your wealth goals because if you\'re not doing it, no one else is going to, and if it\'s not the number one priority of your finances, chances are it\'s not going to happen.'