4.8 • 7.8K Ratings
🗓️ 7 May 2025
⏱️ 8 minutes
🧾️ Download transcript
In this must-watch clip, Rashad Bilal and Ian Dunlap break down the five mandatory steps everyone should follow to take control of their personal finances and build lasting wealth. Whether you're just starting your financial journey or looking to tighten up your money game, these actionable strategies cover all the essentials: eliminating debt, smart investing, saving for retirement, setting your family up for success, and protecting your legacy.
*What You'll Learn:*
✔️ How to crush your debt using the "debt snowball" method
✔️ Picking winning stocks (and sticking with them long-term)
✔️ The importance of automatic, consistent investing
✔️ Why you need both a retirement plan AND additional savings
✔️ How to save for your kids’ future through 529 or UTMA accounts
✔️ Life insurance must-haves for protecting your loved ones
✔️ Smart estate planning so your assets aren’t lost or locked away
✔️ The critical difference between qualified (retirement) and non-qualified (brokerage) accounts
✔️ And so much more!
Rashad and Ian don’t just talk theory—they’re giving you step-by-step tips and real talk so you can avoid costly mistakes like lifestyle creep, missing out on compound interest, or leaving your estate unsecured.
*Key Takeaways:*
1️⃣ Knock Out Small Debts First — Use the debt snowball to build momentum.
2️⃣ Invest Consistently — Even small amounts grow over time, so pick your stocks, set your amount, and stick with it.
3️⃣ Retirement is Non-Negotiable — Start your 401(k), IRA, or SEP (if self-employed) now.
4️⃣ Plan for Your Family — Open a 529 plan, UTMA, and ensure you have solid life insurance.
5️⃣ Estate Planning — Create a will, consider a trust, and make sure your beneficiaries are up to date so your money and assets go where you want—without headaches for your loved ones.
Don't let your hard-earned money slip through the cracks or get caught up in probate! Take control today with these foundational steps.
*If you found value in this clip, hit like, subscribe, and drop a "YES" in the comments if these tips help you level up your finance game!*
#PersonalFinance #MoneyMoves #WealthBuilding #InvestingTips #FinancialFreedom #SmartInvesting #RetirementPlanning #EstatePlanning #DebtFreeJourney
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Stay tuned for more practical financial wisdom from Rashad Bilal and Ian Dunlap. Ready to secure your financial future? This is the clip you can't afford to miss!
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