Marko - WhiteBoard Finance
Marko - WhiteBoard Finance
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The Best Way to Pay Off Debt Fast (This Actually Works)
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinanceThanks to Policygenius for sponsoring this video!
Are you struggling to pay off debt and wondering which strategy to use?
In this video, we'll break down two popular debt repayment methods: the Debt Snowball and the Debt Avalanche. Discover the major differences between them and find out which one might be best for your financial journey!
Debt Snowball Method:
Focuses on paying off debts starting with the smallest outstanding loan balance first.
This is a psychological approach, designed to give you quick wins to keep you motivated.
Debt Avalanche Method:
Focuses on paying off debts starting with the highest interest rates first.
This is a math-focused approach, aiming to save you the most money in interest over time.
Why These Methods Work
Debt Avalanche:
By targeting the highest APR, you minimize the total interest paid over time.
This method might take longer to see results since it doesn't consider the loan balance, just the interest rate.
Debt Snowball:
By eliminating smaller debts first, you gain a sense of accomplishment that keeps you motivated.
This method helps build momentum, making it easier to stay committed to your debt repayment plan.
Looking to start investing in 2024?
I spent 100+ hours creating a 5-day email course with EVERYTHING you need to get started.
Get FREE access here: lp.whiteboardfinance.com/wbfu-email-course
MY FAVORITE TOOLS & RESOURCES
🏫 WBFU - My Private Community - lp.whiteboardfinance.com/
📈 M1 Finance - Automate Your Investing - whiteboardfinance.com/go/m1-finance
📊 WeBull - Get Up To 12 FREE STOCKS - whiteboardfinance.com/go/webull
🏠 Get My Home Affordability Spreadsheet - whiteboardfinance.com/go/ytmember
🔒 Ledger - Store Your Bitcoin The Right Way - whiteboardfinance.com/go/ledger
💰 My FREE Stock Market For Beginners Course - whiteboardfinance.com/go/stocksguide
MY OTHER SOCIALS:
🌍 My website - www.whiteboardfinance.com
🐦 X - whiteboardfin
📸 Instagram - whiteboardfinance
WHO AM I? 👇
If we haven’t met before - Hey 👋 I’m Marko, and I’ve been investing since 2006, and I got my finance degree in 2010. My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.
zhlédnutí: 11 407

Video

How To Invest $100,000 | A Simple Strategy to Invest a Windfall
zhlédnutí 23KPřed měsícem
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinance Thanks to Policygenius for sponsoring this video! Looking to start investing in 2024? I spent 100 hours creating a 5-day email course with EVERYTHING you need to get started. Get FREE access here: lp.whiteboardfinance.com/wbfu-email-course MY FAVORITE TOOLS & R...
2024 Bitcoin Price Prediction ($173,000+)
zhlédnutí 17KPřed 2 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinance Thanks to Policygenius for sponsoring this video! Looking to start investing in 2024? I spent 100 hours creating a 5-day email course with EVERYTHING you need to get started. Get FREE access here: lp.whiteboardfinance.com/wbfu-email-course MY FAVORITE TOOLS & R...
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zhlédnutí 14KPřed 3 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! Looking to start investing in 2024? I spent 100 hours creating a 5-day email course with EVERYTHING you need to get started. Get free access here: lp.whiteboardfinance.com/wbfu-email-course MY FAVORITE TOOLS & ...
Bitcoin Halving 2024: Explanation & Price Prediction
zhlédnutí 101KPřed 3 měsíci
The Bitcoin Halving 2024 is happening in 50 days! The Bitcoin halving event happens essentially once every 4 years, so this is a topic that needs to be discussed and analyzed. Whether you believe Bitcoin is worth owning, I definitely think that it should be at least a small part of your overall portfolio as a speculative asset. In this video, we are going to break down the following to give you...
How To Invest In Stocks For Beginners | Step By Step Guide
zhlédnutí 24KPřed 4 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! Looking to start investing in 2024? I spent 100 hours creating a 5-day email course with EVERYTHING you need to get started. Get FREE access here: lp.whiteboardfinance.com/wbfu-email-course MY FAVORITE TOOLS & ...
HUGE MILESTONE: Bitcoin ETF Approved. (Why It Matters)
zhlédnutí 20KPřed 4 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! The financialization of Bitcoin has begun. Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Inc...
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zhlédnutí 35KPřed 5 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: Policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Income) 🧠 Over 50 exclusive videos, and new on...
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zhlédnutí 48KPřed 7 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: Policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! Dave Ramsey is wrong about the 4% rule. In fact, he is DANGEROUSLY WRONG, assuming you can pull out 8% per year and still GROW your portfolio assuming a 12% annual rate of return. Dave Ramsey went on a rant sta...
Here’s Why You NEED a Good Credit Score
zhlédnutí 14KPřed 7 měsíci
Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Income) 🧠 Over 50 exclusive videos, and new ones every week 📊 Full transparency into my portfolio (every buy and sell I make) 💬 Access to our private community and live chat with 100 members ❓ Weekly Q&A Discussion and Livestream wit...
The Future of Stocks: What to Expect in the Next 10 Years
zhlédnutí 27KPřed 7 měsíci
Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Income) 🧠 Over 50 exclusive videos, and new ones every week 📊 Full transparency into my portfolio (every buy and sell I make) 💬 Access to our private community and live chat with 100 members ❓ Weekly Q&A Discussion and Livestream wit...
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zhlédnutí 26KPřed 7 měsíci
Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com Use code "COMPOUND20" for a 20% discount. WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Income) 🧠 Over 50 exclusive videos, and new ones every week 📊 Full transparency into my portfolio (every buy and sell I make) 💬 Access to our private community and live chat with 100 members ...
American Consumer Debt Hits $17 TRILLION | Is it as Bad as It Sounds?
zhlédnutí 16KPřed 7 měsíci
Join My Private Community - WhiteBoard Finance University: www.wbfuniversity.com Use code "CONSUMER20" for a 20% discount. WBFU Includes: 🎥 4 Full-Length Courses (Stocks, Real Estate, Budgeting, Increasing Income) 🧠 Over 50 exclusive videos, and new ones every week 📊 Full transparency into my portfolio (every buy and sell I make) 💬 Access to our private community and live chat with 100 members ...
The 2024 Recession: 100% Likelihood of USA Recession
zhlédnutí 33KPřed 8 měsíci
Get free life insurance quotes from America's top insurers and start saving today with Policygenius: Policygenius.com/whiteboardfinance. Thanks to Policygenius for sponsoring this video! JOIN MY SCHOOL HERE: 👉 www.wbfuniversity.com Use code "UHOH20" to get 20% OFF FOREVER! In today's video, we're diving deep into a recent Deutsche Bank study that says a recession is coming to the USA 100%, base...
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In this video, we're going to talk about the inevitable housing market crash, and why it doesn't make sense to buy a house right now. PROMOTIONAL OFFER: Get Up To 12 FREE STOCKS when you sign up and make a deposit using my paid affiliate link for WeBull: whiteboardfinance.com/go/webull JOIN MY SCHOOL HERE: 👉 www.wbfuniversity.com Use code "HOUSING20" to get 20% OFF FOREVER! I've done some exten...
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zhlédnutí 22KPřed rokem
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zhlédnutí 87KPřed rokem
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Komentáře

  • @wilistiono5293
    @wilistiono5293 Před hodinou

    Maybe someone here can tell me how to withdraw dollars to the card from OKX wallet, if I have only the phrase: head isolate sound end kit industry choice festival limit stable dolphin derive

  • @ElNetito0796
    @ElNetito0796 Před hodinou

    My net worth “🍆” is getting bigger every year 😂😂

  • @grant9047
    @grant9047 Před 11 hodinami

    do you even lift?

  • @jwcmnbox
    @jwcmnbox Před 17 hodinami

    Great video Marko!!

  • @KcZyro
    @KcZyro Před 20 hodinami

    Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

    • @IsabellaLisa-vz3jz
      @IsabellaLisa-vz3jz Před 20 hodinami

      Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

    • @KbcFoundation-un3re
      @KbcFoundation-un3re Před 20 hodinami

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

    • @user-yu5mh8pf4q
      @user-yu5mh8pf4q Před 20 hodinami

      nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

    • @user-yu5mh8pf4q
      @user-yu5mh8pf4q Před 20 hodinami

      Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

    • @ChungLee-wi7bi
      @ChungLee-wi7bi Před 20 hodinami

      SHE IS RELIABLE

  • @KM-yl4uy
    @KM-yl4uy Před 23 hodinami

    I have 4 high interest personal loans at 35% and a total of 19k for all 4. I borrowed the money to gamble at the casinos - yes I know I'm a complete moron 😂😂😢. I'm just trying to consider my best options at paying off this debt. Should I just file for bankruptcy - or seek out some type of debt relief company? I would like to consider one of these types of methods - but im not sure which way to go?

  • @chepkiruialfridah8815

    What a great video on how to pay debt faster, thanks for sharing this informative video.

  • @EthanRaynolds
    @EthanRaynolds Před dnem

    I have added a variety of stocks and ETF to my present holdings for the long term. I also have $300k aside to start following inflation-indexed bonds and stocks of companies with solid cash flow. I strongly believe this is a good time to capitalize on the market for long term gains. But actualizing a short term profit would not be a bad idea for me at all.

    • @WilliamTurner-od5ij
      @WilliamTurner-od5ij Před dnem

      A collapse of margin debts leads to a decrease in stock prices and it triggers a ripple effect on selling of stocks as investors will try to cover their losses.

  • @rhoadestraveled
    @rhoadestraveled Před dnem

    Where does tithing come in?

  • @kjackhorseman
    @kjackhorseman Před dnem

    Could you make a video proving or debunking velocity/accelerated banking, using LOC to pay off mortgage.

  • @Charlottehornets4
    @Charlottehornets4 Před dnem

    I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.

    • @Brucelanham845
      @Brucelanham845 Před dnem

      I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

    • @Jessecote875
      @Jessecote875 Před dnem

      Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

    • @Nguyenvictory83
      @Nguyenvictory83 Před dnem

      You trade with Natalie Strayer too? Wow that woman has been a blessing to me and my family.

    • @Rodriguezpaul-9
      @Rodriguezpaul-9 Před dnem

      This sounds so good and I would like to be a party to it, is there any way I can speak with her?

    • @Scottweeier846
      @Scottweeier846 Před dnem

      Her good reputation already speaks for her .I’m also one of the beneficiary of Natalie Strayer. So happy I gave it a trial after being skeptic of the process.

  • @fitnessnature
    @fitnessnature Před dnem

    It all sounds ok until you realize that in practice it is not used as it was meant to and it doesn't even matter what money is but how people are handling it. Much more useful video would be "How not to get broke" :D

  • @Businedu
    @Businedu Před dnem

    You never miss 🔥

  • @darianhansen43
    @darianhansen43 Před dnem

    Great content. It's so surprising how people buy crypto and store. What then is the reason of buying without investing it and making profit? Most people think that investing in crypto is all about holding till it rises, come on, it takes time and is a gamble on the long run. Working with Coach Alex he made me believe that when you hold, you stand the chance of losing it all to unexpected dips. So rather than simply holding, I trade crypto under his expertise. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

    • @AmeliaHall335
      @AmeliaHall335 Před dnem

      How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please

    • @darianhansen43
      @darianhansen43 Před dnem

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Coach Alex. A widely known crypto consultant

    • @AmeliaHall335
      @AmeliaHall335 Před dnem

      I'm a beginner please how can i reach out Coach Alex

    • @darianhansen43
      @darianhansen43 Před dnem

      This is he’s telegrams user name

    • @darianhansen43
      @darianhansen43 Před dnem

      @AlexRcoin THAT IS THE USER NAME THAT IS HIS USER NAME

  • @owensalex0615
    @owensalex0615 Před dnem

    I didn't know Tim Tebow had a finance CZcams channel.

  • @germany895
    @germany895 Před dnem

    Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $68,000 profit from trading last month regardless of how bad it gets on the economy

    • @Jerryspringer-nu6ox
      @Jerryspringer-nu6ox Před dnem

      Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investment with my personal financial advisor< George Silverman > i totally agree with you

    • @PatrickJones-bx1wb
      @PatrickJones-bx1wb Před dnem

      his transformative power of trading is remarkable. Despite being a medical doctor by profession, I've found that copy trading generates higher income for me without the need for direct involvement in trading>

    • @edithgraziosi1697
      @edithgraziosi1697 Před dnem

      Please educate me, I've come across this before. How can I get to him please?

    • @amberanna1710
      @amberanna1710 Před dnem

      Get him on

    • @amberanna1710
      @amberanna1710 Před dnem

      TE LEGRAM

  • @TheDanster4
    @TheDanster4 Před dnem

    Living at home with parents has its advantages though. I'm able to have a sizable emergency fund, save for retirement, invest, afford to go to school, and have a little fun money for myself. If I was living on my own with my salary I wouldn't be able to be in a good financial place if it wasn't for living at home. I'm very blessed.

  • @accoviser
    @accoviser Před dnem

    Another strategy some use is refinancing by taking a larger loan with lower interest to cover multiple high-interest loans they already have

  • @MrMountain707
    @MrMountain707 Před dnem

    I thought he said White Boy Finance lol

  • @JohnnyReno71
    @JohnnyReno71 Před dnem

    Snowball is the way to go ( you see progress) Avalanche ( can take years and it seems forever)

  • @CrownThePrince
    @CrownThePrince Před 2 dny

    I’m taking the penny

  • @empireorganizing
    @empireorganizing Před 2 dny

    This is so so so good. I laughed several times lol. Let’s hail a taxi. Get in loser we’re going to the North Pole 😂 (great video thank you)

  • @Lfgyf
    @Lfgyf Před 2 dny

    I don't mean to brag but I just paid off my mortgage and I'm officially debt free! I put in 20k into various assets which I saved using some of these techniques last year and flipped into six figures within a few months and still going. I hope to attain financial freedom soon. One more thing, keep up the good work.

    • @Freddyyyy266
      @Freddyyyy266 Před 2 dny

      Well, congrats, but you can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.

    • @mendeleyborisov92
      @mendeleyborisov92 Před 2 dny

      What assets did you invest in? I'm new to this and don't know what or where to invest in.

    • @Lfgyf
      @Lfgyf Před 2 dny

      It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.

    • @Pathston
      @Pathston Před 2 dny

      @@Lfgyf That's your view. In my experience, there is no such thing as a mentor or formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

    • @Ferocious923
      @Ferocious923 Před 2 dny

      Sounds like I need help so bad. To me, these get rich quick schemes are not worth it and I know that's the same mindset holding me back from taking a step forward.

  • @BelowAverageRazzleDazzle

    The lower the reward for miners to validate blocks, the less they'll do it. Then what?

  • @mysticshadow425
    @mysticshadow425 Před 2 dny

    If only our government did this

  • @bulletproof1395
    @bulletproof1395 Před 2 dny

    Marko is too hot…it is distracting…what did he say again? 😵‍💫

  • @runningrock124
    @runningrock124 Před 2 dny

    study Bitcoin everyone.

  • @oseibeneman9042
    @oseibeneman9042 Před 2 dny

    Thanks for the advice 🙏

  • @JohnnySplattWadd
    @JohnnySplattWadd Před 2 dny

    Too many if not almost all car dealers will not post their prices on their inventory now. The scheme is to get you inside the stealership and engage you rather than you looking at the price without getting out of your car and then driving off. No price?? No sale!! Private party sellers don't have all the BS fees that the stealerships do. Marko has good advice here and you should take heed. 🚦

  • @richhands5269
    @richhands5269 Před 2 dny

    My three favorite channels: Marko - WhiteBoard Finance, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

    • @The_Dougie
      @The_Dougie Před 2 dny

      Bruh stop with this post...🙄

  • @billschlafly4107
    @billschlafly4107 Před 2 dny

    5 years ago at 49 years of age my wife and I up-sized our home and bought into a much nicer area because rates were super low. Our rate is only 2.875% on a 15 year note. But here's the thing...I don't want to be paying on a mortgage into my mid-60s. I plan to ditch work entirely at 60. So while it makes zero financial sense, we've been paying down the mortgage like crazy from day 1. We will be entirely mortgage free in December of this year.

    • @iko3
      @iko3 Před 2 dny

      Peace of mind is worth something.

  • @Answers721
    @Answers721 Před 2 dny

    How to pay off debt? Simple. Stop being a debt slave.

  • @blackvx
    @blackvx Před 2 dny

    Thank you Marko!

  • @dougz2855
    @dougz2855 Před 2 dny

    Your advice on ways to pay off debt fast is greatly appreciated, thanks for sharing!

  • @rightwingsafetysquad9872

    I have 5 credit cards. Each has a specific use. Gas, groceries, restaurants, all other essentials, anything discretionary. 4 for maximizing cash back, 1 for making it easier to track spending habits.

  • @mjblack1435
    @mjblack1435 Před 2 dny

    How about you use Velocity Banking with the snowball or avalanche method? Guarantee it will get you out of debt in half the time. 😉

  • @MSBJJ
    @MSBJJ Před 2 dny

    Avalanche all the way. It's how my wife and I paid off our student loans in a couple of years.

  • @Aminorsnickle
    @Aminorsnickle Před 2 dny

    im debt free but im still watching bcuz i love your videos

  • @meaganedgar4342
    @meaganedgar4342 Před 3 dny

    What do you call it when you're doing both at the same time? A snowstorm! My highest interest rate debt is my smaller total debt and as they get bigger, the interest decreases. Listening to you has definitely been beneficial!