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The REAL COST of SPENDING MONEY vs INVESTING MONEY Opportunity Cost


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The REAL COST of SPENDING MONEY vs INVESTING MONEY Opportunity Cost

Date: 2021-05-06 05:22:09

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OPPORTUNITY COST: Learn How To Think About Money! Today I share the REAL COST of Spending Money vs Investing Money through the STOCK MARKET For Beginners UK. This will help you stop spending money impulsively whilst teaching How To Invest Money for Financial Independence.

Learn to Invest Money Like I Do In just 12 Days! – https://thehumblepenny.com/SuperSimpleInvesting

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★★ WHAT TO WATCH NEXT ★★

How To Invest £100/month – https://youtu.be/xYwGXW6c728

HOW TO INVEST £1000 – https://youtu.be/0jRQk8Xkvxg

How to INVEST IN STOCKS for DIVIDEND Passive Income – https://youtu.be/fQBcU90ZVKQ

ETFs vs INDEX FUNDS | How To Invest Money In Stocks UK – https://youtu.be/dtEPOqfIxRI

How To Invest During ANY RECESSION **without worry** (2021) – https://youtu.be/DJihSTlv0EY

Should You PAY Off MORTGAGE Early vs INVEST? or BOTH? | UK – https://youtu.be/80b5SFnZgoM

Pension vs ISA? How To Save Money | How To Invest Money UK – https://youtu.be/BX5ZnFqW3F0

Investing For Children (Make Your Child a Millionaire) – https://youtu.be/isq_2tw6pdQ

Investing For Beginners UK (STEP-BY-STEP GUIDE) – https://youtu.be/u4n8f-YL5_I

10 Things I Did Differently To Achieve Financial Independence – https://www.youtube.com/watch?v=aONieSpgvrg

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★★ ABOUT US ★★

MARY:

I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂

Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.

When I’m not creating, I love vegan food, travelling, working out and doing some outdoor fun things with my husband and kids 🙂

KEN:

I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.

Former CFO with over 12 years experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I’m a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.

I have a passion for all things Financial Education, Business and Personal Development. I also love Photography, Music, Travel, and Sport.

We became Financially Independent aged 34 and our story has been featured on the BBC, Mail Online, Channel 5, Metro, etc.

We share content to inspire and teach others how to achieve Financial Independence and Freedom too 🙂

★★ WANNA CONNECT? ★★

Email – YouTube@thehumblepenny.com
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★★ OUR ONLINE SCHOOL ★★

Visit our online school at Financial Joy Academy for Video Courses:

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★★ TIME STAMPS ★★

0:00 – Intro
2:00 – The goal for today’s video
3:23 – Illustration of the REAL Cost of Spending vs Investing
4:42 – Understanding Opportunity Cost
6:33 – Impact of Compounding Interest
8:57 – Moral from today’s video
10:20 – Conclusion

★★ About this video ★★

The REAL COST of SPENDING MONEY vs INVESTING MONEY | Opportunity Cost

Massive thanks for watching and following our channel 🙂 ♥

Best, Mary and Ken Okoroafor

NOTE: For FULL Transparency, some links above may be Affiliate Links. We do NOT offer Financial Advice. Your investments can go up as well as down. Past performance does not guarantee future returns. So please do your own research before investing.

#investing #opportunitycost #investingmoney

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