Legend Finance Academy

How much money did you spent in shopping festivals?

On Black Friday in 2020, consumers spent $9 billion

On Cyber Monday, the number is $11 billion

We are gradually replaced by online shopping festivals

So, what can we do to escape from consumerism?

Think about following tips.

1. Buy on needs, not on cheap

2. You need a list

3. Increasing savings and get rid of luxuries

You can also watch this video on my channel: https://www.youtube.com/LegendFinanceAcademy

In recent weeks, you were more or less likely to have heard of Musk, even if you didn't know anything about him.

Elon Musk's net worth has surpassed $300 billion, making him the first person on the planet. It will take 7.1 million years for an ordinary person to earn Musk's fortune. Even if you started working since you were an ape, no expense was allowed. Just want to be richer than now? Learn it from what follows.

You can also watch this video on my channel: https://www.youtube.com/LegendFinanceAcademy

1895, Nobel funded the Prize with 31m Swedish Kronor (or US$204m today)

Now, the assets are invested in real estate, bonds, secured loans and even stocks.

The goal is to meet minimum annual returns of at least 3.5% above inflation.

What can we learn from it?

You can also watch this video on my channel: https://www.youtube.com/LegendFinanceAcademy

Since Squid Game landed on Netflix on Sept. 17, it has captured the global imagination. 

In desperate need of cash in the show, 456 contestants compete in dark twists on traditional children’s games. 

The winners walk away with millions; the losers die. 

 Despite its brutal content, it could soon be the most-ever watched original production in the history of the streaming platform.

 More specifically, it speaks to the deepening household debt crisis affecting the lower and middle classes.  In the show about the consequences of bad financial decisions, we’re bound to learn money lessons that we can easily apply in our daily lives. 

bgm:when she’s near me by Barradeen

This episode is also available as a blog post: http://lenged-fa.com/2021/11/03/safer-plan-to-escape-squid-game-2021/

Consumerism is everywhere. 

We're being told to buy things all the time and we're buying things we don't need, with money we don't have, to impress people we don't know. And finally, we are in debt.   

With the development of commerce, lots of merchants persuade us to need more things.

 Even things we don’t know whether we need. Yep, that is a lie of consumerism.  

Time is of the essence. let’s learn more about the truth of consumerism right now and find a way to stay away from the lie of consumerism.

 There are several tips below, try it and then we can let our money work for us better.

This episode is also available as a blog post: http://lenged-fa.com/2021/10/28/stay-away-from-the-lie-of-consumerism-2021/

bgm: Star Bright by Purrple Cat | https://purrplecat.com

  Just when you thought personal finance couldn’t get any more challenging, it can get a bit complicated if you're thinking of starting a family.   

  Balancing everything and ensuring your family’s finances are in order can be really tough. It’ll require you and your partner have to approach your finances a little differently than you did in your single years. Money management can be a difficult subject to discuss. If not handled properly, it could even affect your relationship. 

  Now I'd like to walk you through 4 basic steps to help set your post-marriage finances on the right track.

Personal Finance template:

https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbFBlMnhoaWZfNy1kbFBub3ZZV2p6MWwzTUgwUXxBQ3Jtc0tuTnJ0UFhWaE11SEI3RWxYcEpld0U3dXJ3aU9WMHhIMXhxaEdXM0QzR25wNlRRZFl1NnAzWXNnR2hoQndYNXV6V2V3bXdyMV84WlFaeVdEbm9SYTFEa296VGE0RzltcmZWWktJWXNaTm9MaGlHTXBpOA&q=https%3A%2F%2Fldfeay.files.wordpress.com%2F2021%2F08%2Fpersonal-finance-template-2021.xlsx

Household Budget template:

https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbW1oQldXUXM1Ynd3OUxtR0hralNFWTJFanRhUXxBQ3Jtc0trc3AyTTkyTnA1TXFOQXJBeFNuWDRJbHJKamZVNTlXM1V6ajlHczd0aXRBS3I4RzZicHFPbFB2MVFPc2tfalg3VE5HR1VKR0VGZGlxR1VrVWE5LThITHc4WENWdS03SmdyRE1KdHctNklIbXFVZDZ4Yw&q=https%3A%2F%2Fldfeay.files.wordpress.com%2F2021%2F08%2Fpersonal-finance-template-2021.xlsx

This episode is also available as a blog post: http://lenged-fa.com/2021/10/11/4-easy-steps-to-build-a-healthy-family-finance-2021/

bgm: Lovely Piano Song

         Love Life

We are all in an era of information explosion and we can talk with anyone on social media. But do you know social media is a trap that makes you poor?

To some extent, social media is an addictive time-waster that occupies your energy and makes us poor financially. So, what can we do to escape from this trap and deal with social media better? May we need take some actions like developing new habits. Anymore? Here are some tips we can keep in mind.

This episode is also available as a blog post: http://lenged-fa.com/2021/09/24/how-social-media-keeps-you-poor-2021/

bgm: LAKEY INSPIRED - In My Dreams

Whether you're getting ready for a new job interview or a presentation, you may have a tendency to over-prepare. 

A lot of it is just general human insecurity. While being fully prepared may seem like a good idea, overpreparing is a big time-waster in the long term.   

Despite our natural inclination to research, organize and memorize before important events, some experts would say, the best way to prepare for a new situation is to not prepare for it at all.  

What should we do to break the habit? Here are some tips.

*This content is for educational purposes only, It is not intended to be investment advice.

This episode is also available as a blog post: http://lenged-fa.com/2021/09/08/stop-preparing-enough-is-enough-%ef%bf%bc/

The stock market is a device for transferring money from the impatient to the patient,' said Warren Buffett.  

 If you think you're so smart, then go play the stock markets and prove that you really are smarter. 

The experience will give you a profound lesson--keep yourself calm. 

According to the stock trading platform, eToro, a staggering 90% of day traders lose money over the course of a year. 

So how to be in the top 10%? What bad strategies to avoid? Is trading forex, indices and commodities a giant casino?

*This content is for educational purposes only, It is not intended to be investment advice.

This episode is also available as a blog post: http://lenged-fa.com/2021/09/01/how-to-lose-money-in-stock-market-2021/

As most of us understand by the term finance, that it is only related to money, but trust me, it has a lot deeper meaning.

 Financial market is a market in which people can trade financial securities, commodities and other fungible assets at prices that determined by pure supply and demand principle.

 If I talk about Market, then it implies “by placing the two counterparts, buyers and sellers, at one place, so that they can find each other easily, thus facilitating the deal between them”.  

 For any further into this topic, please leave us your thought!

*This content is for educational purposes only, It is not intended to be investment advice.

This episode is also available as a blog post: http://lenged-fa.com/2021/08/10/capital-markets-2021/