Hey friends, this video is a little bit of a different one
Because I wanted to share a milestone with you that I just achieved when it comes to my money and my personal
finances and it's not to brag because it's nothing too wild and crazy' to most people but I
Want to use it to try to encourage you with wherever you're at in your financial journey
so whether you're trying to pay off debt whether you're trying to
build wealth and work on investing more of your money whether you're trying to achieve
Financial independence or early retirement or any type of financial freedom. I think this video will help you
Hopefully, it'll help you
So for a lot of you you might not know me, but I'm Jarrod I make videos on this channel
Oh, don't forget to Hulk smash that thumbs up button, please
But to kind of get a lot of you up to speed who are new here I
started off
It's got to be what seven years ago
Maybe a little bit over seven years ago with eighty-two thousand dollars in debt seventy thousand student loans ten thousand dollar
car loan and a two thousand dollar credit card
Debt bill whatever you want to call it. I paid all of those all those debts off in four years
It's working seven days a week full-time job weekend job
Three jobs - a full-time job a job in a restaurant
Working in a restaurant and then also some side hustles that I did to earn some extra cash as well
so here I am today and
one thing that I remember
When I first looked at my bills and
I started doing some research when I first started looking at how much I owed in debt and I started to do some research and
Kind of figure out what I was gonna do. I
Remember reading and hearing about how people were paying cash for cars
And I remember exactly where I was sitting
I was sitting at my first job out of college at that desk in that little cube
And I remember thinking to myself there is no way that anybody could ever pay cash for car
unless you're like a millionaire that's ridiculous who actually has the money to do that and
It was a belief that I had in my mind like this is not possible there
There's no way I'm never not going to have a car loan
Well fast forward
To today seven years eight years, whatever we'll call it seven and
I just bought my first car in
Cash the car I'm sitting in right now
And I just want to use this kind of it
Let me stop cuz I'm I just want to say that I'm really proud of doing this. This is one of my
proudest moments to be honest with you and when a lot of people
Like when I tell them I got a new car or they hear that. I got a new car think oh my gosh. Congratulations
I'm like, thanks, but
It's not the car
It's not that I've got a new car that makes me happy or I'm appreciative
Appreciative of does that make sense? I don't even know
What I'm more proud of is the fact that I paid cash for it
That gives me so much more joy, especially because thinking back to what before I even started paying off my debt
I never even thought it was possible. I never thought that this was possible and I want to use this as a
Reminder of what's happened to me as a reminder to you that
Wherever you're trying to go whatever you're trying to achieve in your financial life
You're gonna get there
But one thing you have to remind yourself is it's going to take time. Okay, it's it's taken me seven years to
Pay off my eighty two thousand dollars in debt and build nine months worth of an emergency fund
and to
Save up enough cash for a car that I could pay cash for and it's it's not a super crazy expensive car
I'm not that kind of person. I'm not I'm not a car person
You're no matter how much money I ever have in my life if I have twenty million dollars
I'm not the kind of person that's gonna go buy a brand-new like really sporty nice car
I'm just just give me a car to give me the point from point A to point B
It's not a train wreck and I'm gonna be happy. That's the kind of person I am
But I want to use this as a reminder to you that you're going to get there
it's going to take time and
you've got to just kind of stay focused throughout that that little journey that you're on right now and
Don't allow
Yourself to tell yourself that makes sense
That it's not possible that you can't get there. Don't do what I did eight seven or eight years ago. Don't do that
Because I was completely wrong because look at where I'm at now
The whole process just takes time. It's not gonna happen overnight
Unfortunately is something for some of you you might hit the jackpot, you know
Not in the lottery because you should never play the lottery that's stupid smart. People won't play the lottery in you're not stupid
So, I know you probably don't do that anyways
But the jackpot when it comes to maybe starting a business or something like that a lot of that doesn't happen overnight
So just continue down the path keep your eye on the prize do the things that you need to do day and and day out
to achieve whatever your
Personal finance goal is right now at this point in time
That's it
Yeah, I just I'm I'm really it's tough for me to say that I'm proud proud of myself because I don't like giving myself
Compliments but I can honestly say I'm so proud of myself right now
Especially
Coming from where I came
You know, very poor growing up really poor a single mom raising four kids on food stamps welfare
In and out of battered women shelters
And the recipients of canned food drives because we I mean we didn't have money we didn't have much food
Yeah, it's all possible, but the only way that you were going to achieve that
Is by doing the work
There's one thing that I learned nobody's gonna get you out of whatever situation or to whatever goal you have
Except you and the actions that you take day in and day out
That's it
like I said Hulk smash that thumbs up hot in the hip it wasn't this doesn't come off as braggy or anything because
I'm not trying to be braggy. I'm just trying to be encouraging. So I hope it helped a little bit
Hulk smash that thumbs up button
leave a comment down below about
any questions you have or
Give me an update of how what your personal finance goal is right now. What's your goal right now?
What are you trying to achieve? I'm curious. I I'd love to hear what everyone who's loved to hear what everyone?
Is doing who watches these videos?
I'm always super curious because I know a lot of you are on on different
Paths within that personal finance and I want to know where you're at
That's it
Thank you so much for checking out this video. I'll see you in the next one friends a
Dios a Dios. Yes. I know it's adios. I had a girl one time tell me
Hey Jared, um, you know, it's adios I said, yes. I know I say adios as a joke and for fun
See in the next one friends a Dios