FI YouTube SeriesKatie and I got inspired to create a YouTube series of videos for you explaining some of the most common questions and concepts of the financial independence / retire early (FIRE) movement. We break down some of the key concepts into short 3-12 minutes videos. Scroll down to find the whole series and a short description of each video!
We build these videos for you so if you like them please leave us a comment, hit like and subscribe. It means a lot to us. Leave a comment telling us what else you want to see, how else we can support you and more please! |
The 9 biggest money mistakes!
These are the 9 biggest mistakes that people make with their finances. Are you making them too? Avoid these for a better financial life!
Time Stamps 0:00 Intro 00:11 Mistake 1: debt traps 01:03 Mistake 2: spending more than you earn 01:52 Mistake 3: buying big liabilities 02:14 Mistake 4: living paycheque to paycheque 02:53 Mistake 5: turning down free money 03:30 Mistake 6: get rich quick schemes 04:24 Mistake 7: bad beliefs about money 05:27 Mistake 8: not tracking your spending 06:18 Mistake 9: putting off financial planning |
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How to become wealthy?
Is becoming wealthy just plain old luck or is there a repeatable process that anyone can follow? In this video we break down the steps to becoming wealthy and how to start!
Tracking spending Where does your money go: https://www.alandonegan.com/blog/what-do-you-spend-your-money-on Money Dashboard. App to track spending: https://www.moneydashboard.com/ Creating a gap How to increase your income blog post https://www.alandonegan.com/blog/10-ways-to-increase-your-income. How to increase your income podcast 338 | 10 Ways to Increase Your Income |
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10 ways to increase your income
You don't have to have a huge income to reach financial independence but earning a bit more never hurt. In this video Alan and Katie look at 10 ways you can work to increase your income. Not all of them are going to work for you but pick one and try it and it might be worth a few thousand extra!
There is a natural floor to how low you can get your expenses but their is no ceiling on how you can raise your income. |
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Save money & reduce expenditure
How are 10 different ways you can reduce your outgoings which means increasing the gap between your income and expenditure.
The real key to wealth is getting down expenditure, increasing income to create a gap and then investing that money you have saved to create a return for you. Keeping your base costs down is key on the journey to financial independence and here are some ideas to get you started. They won't all work for you but hopefully you can find one or two to help you get going. |
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Are you ready to invest?
How do you know if you are ready to start investing? Do you have a strong financial base to build from or are you just throwing your pocket money into the stock market?
In this video The Donegans break down the key steps to getting ready to invest in the stock market. You should not be investing if you have not got all these things down and ready. Investing too early before you are ready can set yourself up for failure. Let's build strong financial foundations for you and your family. Are you ready to invest? |
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Assets and Liabilities: What are they?
What is an asset? What is a liability? What do most people spend their money on. If there was one key concept that you need to understand on your journey to financial independence this is it. The difference between an asset and a liability.
Most people spend ALL their money on liabilities and never own an asset. Do you think the home you live in is an asset? or a liability? What about the car you drive? or the family gold jewellery in the draw? |
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How to make money in your sleep?
Possibly the most scammy title in the series but the video you most wanted. Passive income is a fables beast that many people talk about but is it actually possible to make money whilst you sleep?
In this video we break down how we have invested our money to generate a return so that we never have to work again. If you are looking to set yourself up for retirement at any age this video will give you the overview to getting started with passive income and investing. |
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3 ways to invest in the stock market
There are 3 main ways to invest in the stock market. You can pick individual shares. You can get someone else to pick the shares for you or you can avoid picking and buy a tiny slice of all the shares.
Which one works best? How do you invest? Do you chose individual stocks or companies? Find out the fundamentals of investing in the stock market in this short video showing you the three different ways you can get started plus which to avoid and how the Donegans invest. |
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What is an index fund?
So you watched the last video on investing in the stock market and you think you want to invest in an index fund but what the hell is it? In this video Alan and Katie break down what an index fund is and what it is made up of.
It is great reading about index funds but the best way to understand them is to see the visuals that Katie created to bring them to life. After watching the video read this article which gives you more details about what an index fund actually is. |
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Am I too old to invest?
This is a question that the Donegans get asked repeatedly on Rebel Finance School. I am 40, I am 50, I am 60, (insert age) it is too late for me to invest in the stock market.
People think that they have missed the boat, that it is too late for them to be able to invest and generate a return for their retirement. But is it actually true? Is it too late for you to invest in the stock market? Have you missed out on the bull run, are returns going to be worse in the coming decades? Are you just too old? Find out in this video! |
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How to invest your first hundred?
Investing can be a big decision and even when you have made that decision how do you actually go about investing your first £100? How do you practically begin?
Join the Donegans as they break down how to get your first £100 / $100 into the stock market. You have to begin somewhere and this is how! |
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Should I invest or plan for retirement?
Lots of people get confused about investing and saving for retirement. They ask us all the time "Should I invest in my SIPP or buy an index fund?" or "Should I plan for my retirement or invest in an index fund?" Should I put money in my ISA or buy an index fund?"
The world of investing can be confusing at times so in this video the Donegans break down investing and how to get started easily. Confused by accounts, pensions, SIPPS, ISAs and index funds? This video should make it easier to get going. |
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5 reasons not to invest in Crypto Currency
Should you have a % of your money in crypto currency? Are you missing out if you don't invest in crypto? Should we all be buying bitcoin right now as it will be the monetary future of the planet?
If you have been considering crypto investment, if you have had a feeling of missing out, if you are wondering if you should get into crypto this video is for you. Here are 5 reasons why we avoid crypto investing (we don't even see it as an investment!) and why we think you should steer clear too! |
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Thanks for watching
We made this videos for you so we would LOVE LOVE LOVE to know what you think. Please leave us a comment on the videos, subscribe to the channel and give us a like on the videos that were your favourite.
We are planning a series 2 and 3 of FIRE movement videos and would LOVE LOVE LOVE to know what you want us to include. What haven't the Donegans covered and what would you like us to consider?
Thanks for watching and here's to a bright financial future for all of us.
Alan and Katie
We are planning a series 2 and 3 of FIRE movement videos and would LOVE LOVE LOVE to know what you want us to include. What haven't the Donegans covered and what would you like us to consider?
Thanks for watching and here's to a bright financial future for all of us.
Alan and Katie