📦Discard unnecessary accounts and credit cards to focus on what's important.
📂Focus on one category at a time when organizing your finances.
🧺Learn to fold your money skills and continuously improve your financial knowledge.
👨👩👧👦Avoid discussing your finances with family members to reduce stress and conflicting advice.
💰Simplify your financial setup by using one bank for all your banking needs and one investment firm.
Why is it important to discard unnecessary accounts and credit cards?
—Discarding unnecessary accounts allows you to focus on what's important and avoid distractions.
How can I simplify my financial setup?
—Use one bank for all your banking needs and choose one investment firm.
Should I discuss my finances with my family members?
—It's best to avoid discussing finances with family members to reduce stress and conflicting advice.
How can I improve my financial knowledge?
—Continuously learn and improve your money skills by reading books and following financial platforms.
Why is it important to focus on one category at a time when organizing finances?
—Tackling one category at a time speeds up the organizing process and prevents overwhelm.
00:00Introduction to the obsession with home organization and introduction to Marie Kondo.
02:46Strategy 1: Discard unnecessary accounts and credit cards.
05:06Strategy 2: Focus on one category at a time when organizing your finances.
06:27Strategy 3: Continuously improve your financial knowledge and skills.
06:59Strategy 4: Avoid discussing finances with family members.
07:57Strategy 5: Simplify your financial setup by using one bank and one investment firm.
08:40Strategy 6: Celebrate your financial progress and keep track of your net worth.
09:54Strategy 7: Make your finances aesthetically pleasing to look at.
11:20Strategy 8: Minimize paperwork by going digital and scanning important documents.
