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Financial Advisor Answers Money Questions From Twitter 💰| Tech Support | WIRED

Kevin L. Matthews II, author and financial educator, answers questions from twitter about money and spending. Are we going into a recession? How is a credit score calculated? How soon do you need to start saving for retirement? Is our tax system rigged for the rich? Is cyrpto worth investing in? Kevin answers all these…

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Kevin L. Matthews II, author and financial educator, answers questions from twitter about money and spending. Are we going into a recession? How is a credit score calculated? How soon do you need to start saving for retirement? Is our tax system rigged for the rich? Is cyrpto worth investing in? Kevin answers all these questions and much more!

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127 Comments

  1. 🚨W​A​T​C​H​​ M​​Y​ L​A​S​T​ V​I​D​E​O​🚨

    September 23, 2022 at 7:34 am

    Can we have a Part 2, please? Personally, it is difficult for me to grasp finance in general but this man here made a mammoth subject feel easy with his quick, simple and easily digestible financial advice. MORE, PLEASE AND THANK YOU!

  2. Teach Motivate Repeat

    September 23, 2022 at 7:40 am

    It’s a pleasure to listen to a knowledgeable person breaking down difficult concepts in a very understandable way. Part 2, please!

  3. Ryuujinusa

    September 23, 2022 at 8:04 am

    THE Robert Reich posted on this!? LMAO!

  4. Yamikani Kalinde

    September 23, 2022 at 8:40 am

    Part 2 please

  5. Don't read profile photo

    September 23, 2022 at 8:57 am

    It’s a pleasure to listen to a knowledgeable person breaking down difficult concepts in a very understandable way. Part 2, please!

  6. Zio

    September 23, 2022 at 10:31 am

    Fam. My Man looks like chunkz

  7. planetwave

    September 23, 2022 at 10:41 am

    I like the fact it’s mentioned money for fun when governments are saying to people who can’t afford to live to cancel Netflix.

  8. Robbie Hagner

    September 23, 2022 at 10:45 am

    Stop hiring celebrities to ask questions, and hire field professionals instead. Your fan base will grow Wildly.

    • ♜WIRED±³³⁷⁴⁴¹⁰⁴⁰⁰²

      September 23, 2022 at 12:31 pm

      Tʜᴀɴᴋꜱ…ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ

      Wʜᴀᴛ”ꜱᴀᴘᴘ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ 📊📊

  9. Hurry Up....! claim now *Free* Gift Cards

    September 23, 2022 at 12:00 pm

    Among all the things we learned in school they left out one lesson we sure need in life.

  10. Don't read profile photo

    September 23, 2022 at 12:25 pm

    Yeah 50 30 20 is a standard budget. That’s been true since my freaking parents were in grade school. My question to you is what do you do when roughly 90% of your income is household expenses.

    • ♜WIRED±³³⁷⁴⁴¹⁰⁴⁰⁰²

      September 23, 2022 at 12:29 pm

      Tʜᴀɴᴋꜱ…ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ

      Wʜᴀᴛ”ꜱᴀᴘᴘ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ 📊📊!

  11. Janice Vincent

    September 23, 2022 at 12:27 pm

    The rich people stay wealthy by spending less and investing more without stopping then most poor people stay poor by spending like they are rich yet not investing but impressing

    • Locas Ryan

      September 23, 2022 at 1:35 pm

      Trade with her and remember to share testimonies with others ☝️😊..🇺🇸🇺🇸

    • scott Morrison

      September 23, 2022 at 1:38 pm

      Thank you for this. Will definitely reach out to her now. Thanks again

    • Spencer James

      September 23, 2022 at 1:39 pm

      Wow, I just looked her up on google and she’s a licensed broker, I am contacting her right away, thanks

    • Liz Buckley

      September 23, 2022 at 1:43 pm

      Yes and me too investing is the fastest way to Financial freedom. It’s not too late to start preparing for a financially and secured future, investing is building wealth

    • Dylan Joyce

      September 23, 2022 at 9:09 pm

      What kinda creepy financial cult bot chain is this?

    • regular user

      September 24, 2022 at 1:45 pm

      nono they’re rich because they exploit the poor

  12. gamegod193

    September 23, 2022 at 1:13 pm

    What if we don’t plan to live to the retirement age?

    • Alfredo Meza

      September 23, 2022 at 8:37 pm

      Live life like there’s no tomorrow

  13. bender9000

    September 23, 2022 at 1:40 pm

    Arizona Ice Tea is still $0.99

  14. Anil Balram

    September 23, 2022 at 2:43 pm

    Honestly we need this guy back with a longer video just dumbing down his advice for everyone

  15. Hugo Herrera

    September 23, 2022 at 2:55 pm

    Can we get a Wired Stock support episode??? Plz

  16. MiVidaBellisima

    September 23, 2022 at 3:14 pm

    This was Incredible!! I do a lot of investment research and still learned a ton

  17. Ziauddin Siddiqui

    September 23, 2022 at 3:52 pm

    How big of a factor is printing excess money by the government of any country to it’s Inflation rate?
    If the government stops printing excess money, by which I mean:
    a) that it only prints the exact amount of local currency,
    equal in value to,
    b) the amount of local currency that it takes out of circulation due to worn out currency notes,
    will this bring an end to Inflation?

  18. Orale Perros

    September 23, 2022 at 4:42 pm

    How could there be a recession when there’s a ton of money floating around to cause major inflation?

  19. Bob

    September 23, 2022 at 5:00 pm

    12:02 The advisor missed a point on inflation. Inflation can also be reduced by decreasing the money supply. If the supply and demand for products remain stable but the money supply increases, then you also get inflation.

  20. Ysa M R

    September 23, 2022 at 5:48 pm

    There’s no such thing as “negative GDP”. There can be “negative GDP growth”, where there’s a decline in GDP over time – like when you said GDP between one period (Q1 2022) and the next (Q2 2022) has become smaller. That’s a negative percentage change in GDP, which indicates a slow down in overall economic growth, and if it occurs over multiple quarters, is considered a recession.

    • Tell me on telegram ::FamilyFeudd

      September 23, 2022 at 7:10 pm

      Thanks for watching and commenting. You have been selected in my draw✨Winners should text on telegram to claim prize. (Only Winners).👍👍

    • Tell me on telegram ::@montanandRyan

      September 23, 2022 at 7:10 pm

      Thanks for watching and commenting. You have been selected in my draw✨Winners should text on telegram to claim prize. (Only Winners).👍👍

    • Tell me on telegram :@roxxsaurus1

      September 23, 2022 at 7:10 pm

      Thanks for watching and commenting. You have been selected in my draw✨Winners should text on telegram to claim prize. (Only Winners).👍👍

    • Zeeyus

      September 24, 2022 at 10:28 am

      That’s definitely what he meant, hopefully most people understood it right because it should be pretty obvious

  21. Вероничка PersonalRocket

    September 23, 2022 at 7:17 pm

    I love this specialist’s charisma ❤

  22. Ashenspire

    September 23, 2022 at 7:27 pm

    …The price is on the can, though.

  23. JazzyNym

    September 23, 2022 at 11:41 pm

    I’d argue he didn’t explain treasury bonds too well, although given the time restraint I kinda get it, plus there are more than one type of treasury bond. But, for example, I-bonds actually have a record high interest rate right now because they’re tied to inflation rates. So while there’s a $10K limit (that you can also kinda finagle around) it’s actually more worthwhile to put your money in an I-bond than keep it sitting in a savings account if you don’t plan on touching it/needing it for at least a year if not more, and stocks feel too high-risk.

  24. Friend-Me-Not

    September 24, 2022 at 1:17 am

    My question is how come people at the stock exchange are really satisfied when they ring the bell isn’t that a bad sign

    • GoldsPersonal

      September 24, 2022 at 5:06 am

      The ringing of the bell is the opening and closing of the New York Stock Exchange. A lot of times guests or companies are invited to ring the bell. Sort of a ceremony type thing

  25. 12timez

    September 24, 2022 at 5:57 am

    Start as a billionaire and get a nice IG girl

  26. April Gallicano

    September 24, 2022 at 7:11 am

    Arizona tea stopped being sold in Canada for a couple years, it came back a couple years later at least 1/4 more expensive

  27. Rachinter

    September 24, 2022 at 12:53 pm

    the second

  28. Paul Heller

    September 24, 2022 at 1:54 pm

    Fantastic video. Thank you.

  29. Zavie!

    September 24, 2022 at 3:54 pm

    I loved this video. It’s so well-explained.

  30. tosuseh

    September 24, 2022 at 5:11 pm

    Sad that a lot of these things aren’t applicable when you’re living paycheck to paycheck

  31. illmakeuhowell

    September 24, 2022 at 6:33 pm

    do people in USA really live so much off credit? kinda sad

  32. natsoray

    September 25, 2022 at 6:28 am

    “If you are bringing in $10,000 per month…”

    LOL yeah bud, okay.

  33. Koli Legend

    September 25, 2022 at 5:45 pm

    I like this Expert because I had trouble understanding some methods and terms but he’s making it look easy that a 5 year old can understand

  34. Ian R

    September 25, 2022 at 7:33 pm

    Compounding interest is not when your money makes money, it’s when the money that your money made makes more money. Lol.

  35. WatchKek

    September 25, 2022 at 9:31 pm

    Defo wanna see part 2!

  36. Simon Peter

    September 26, 2022 at 12:48 am

    Nice content. To me, trading the forex and crypto market is way better than any online investment 💯

    • Graham Stephan

      September 26, 2022 at 1:07 am

      Amazing, I also started trading with Ms Bridget Denison recently. $170,000 profits in just 2 months and still counting, mrs Bridget Denison is the crypto trade Queen as far as am concerned.

    • Helen Keller

      September 26, 2022 at 1:09 am

    • David Wallace

      September 26, 2022 at 1:09 am

      @Helen Keller Absolutely yes, I also invest with her and I made my placement in shiba coin, she has been doing so well in my investment, I gave her a trial with 98,000,000 shib and she made hug profits.. no regrets

    • Dave Ryan

      September 26, 2022 at 1:11 am

      Thanks for sharing this here. A lot of beginners like me are smashed out there every day

    • Dave Ryan

      September 26, 2022 at 1:11 am

      I’m placing my trades with Expert Bridget Denison right away

  37. RedTwerp - Carrie Burns

    September 26, 2022 at 3:26 am

    That was helpful. Thanks 🙂

  38. Martavius Laray Hampton

    September 26, 2022 at 3:27 am

    Very informative and beneficial video. I will be sharing this with my college students. This helps ME. This is when the internet is a huge help. 👏🏾

  39. Arturo E. Veras

    September 26, 2022 at 3:37 am

    thank you

  40. Saffiru

    September 26, 2022 at 5:07 am

    As someone who’s been investing for over 20 years, this guy’s answers are all 100% correct… he does a great job explaining it to people who might not understand it as well

  41. Timothy A. Naisbett

    September 26, 2022 at 6:55 am

    Loved this!

  42. Micheal Henderson

    September 26, 2022 at 7:16 am

    • Russell Alison

      September 26, 2022 at 7:23 am

      If you stay invested and ignore the market’s ups and downs, you’ll make a lot of money in the long run.

    • Wesley Russ

      September 26, 2022 at 7:24 am

    • Cameron Elizabeth

      September 26, 2022 at 7:24 am

      I was a novice that made 3.5 BTC in my first attempt to trade all thanks to him, he’s everything y’all need right now

    • Thomas Easton

      September 26, 2022 at 7:25 am

      This is exactly what Big time investors are talking about, not just you. key thing here is to always trades with a good strategy even if the price goes up or down.,

    • Fatty Patty

      September 26, 2022 at 4:08 pm

      Amazing ad!

    • Phoenix OMEGA

      September 29, 2022 at 9:26 pm

      This is one of the funniest YouTube comment and reply situations I’ve seen.

      Listen, I’m not going to hop into the whole “is cryptocurrency good or bad” debate, but c’mon, this is so obviously an ad that I feel like LESS people trust cryptocurrency after reading this.

    • Fatty Patty

      September 29, 2022 at 9:45 pm

      @Phoenix OMEGA facts

  43. Micheal Henderson

    September 26, 2022 at 7:16 am

    Honestly I appreciate you and your content

  44. Christopher

    September 26, 2022 at 2:23 pm

    why aren’t all financial advisors absurdly wealthy?

  45. Reda Nejjar

    September 26, 2022 at 3:27 pm

    wired dropping so low

    • 𝐓𝐞𝐱𝐭𝐌𝐞◦+𝟏𝟗𝟏𝟖𝟑𝟖𝟑𝟒𝟏𝟔𝟑

      September 28, 2022 at 10:19 am

      ⬆Appreciate your audience! For supporting I’ll share with you some beneficial insight. Let’s converse with the number above ⬆

    • 𝐓𝐞𝐱𝐭𝐌𝐞◦+𝟏𝟒𝟎𝟐𝟐𝟎𝟒𝟒𝟔𝟔𝟏

      September 28, 2022 at 10:19 am

      ⬆Appreciate your audience! For supporting I’ll share with you some beneficial insight. Let’s converse with the number above ⬆

  46. Invox

    September 26, 2022 at 4:47 pm

    I saw someone say one time: “Invest in old, unique, or gold. But preferably all three combined.” 😬

  47. Ferdinand Mia

    September 26, 2022 at 4:59 pm

    • 𝗪𝗵𝗮𝘁'𝘀𝗔𝗽𝗽 +𝟏(𝟒𝟕𝟎) 𝟒𝟖𝟎 _ 𝟖𝟒𝟖𝟗

      September 26, 2022 at 5:09 pm

      👆

    • Janette

      September 26, 2022 at 5:10 pm

      @Angelina Jordan Alright thanks I’ll leave a message right away

    • Ashley

      September 26, 2022 at 5:10 pm

      What surprise me mostly is that she gives her clients access to her trading site whereby they can monitor thier trade on daily basis

    • Rem Liebert

      September 26, 2022 at 5:10 pm

      This is really helpful for my situation!!!! Thanks guys i will try her but do you know if I can start with $10k how much is okay for a start let me know if i can do this?

    • Linda brown

      September 26, 2022 at 5:11 pm

      @Rem Liebert Yes Of course you can, they’re different packages, i started with $5k and I’m earning massively right now.

  48. ok but make it easy

    September 26, 2022 at 9:14 pm

    Need “mycologist answers fungi questions” pls

  49. Sonya Eldarova

    September 27, 2022 at 1:24 am

    that’s what children should study in school

  50. Jay Flora

    September 27, 2022 at 5:33 am

    My wife and I both have good jobs in IT but did not invest in our 20’s. Now we are both in our 30’s and all our friend’s have 2 homes but we only have one. If you are 25+, PLEASE PLEASE PLEASE start investing. Don’t wait till 35 like us. We regret every single day. It’s time gone by that will never ever come back. My kids are also going to feel the pain,

    • Gonza A

      September 28, 2022 at 6:36 pm

      Thanks for the tip

  51. Cobra Financial Solutions

    September 27, 2022 at 10:09 am

    Great video!

  52. Seaoftea

    September 27, 2022 at 6:23 pm

    Did no one catch that was THE Robert Reich? 22nd Secretary of Labor. Worked under Ford, Cart, Clinton and Obama. Get him on here WIRED.

  53. Javari Walker

    September 27, 2022 at 7:05 pm

    Constant crashing of the crypto and digital assets market makes it so much easier for investors to win and also lose depending on who’s on the receiving end. That’s why there’s a need for a well nurtured approach to the field and only trained professionals like John can be a go to person in every trend of the market with good profits guaranteed in return

    • Javari Walker

      September 27, 2022 at 7:05 pm

      On tele gram

    • Javari Walker

      September 27, 2022 at 7:06 pm

      johndarry

  54. 480brad

    September 27, 2022 at 11:00 pm

    They aren’t loopholes. They are part of the tax code. ANYONE can use them. Quit complaining about rich people and get rich yourself.

    • Gonza A

      September 28, 2022 at 6:35 pm

      Stop bitching about others and get rich yourself

    • TonyIs NotDead

      October 1, 2022 at 4:05 am

      prove it

  55. MrMoustacheNinja

    September 28, 2022 at 1:34 am

    This was super informative! Thank you!

  56. dua satu

    September 28, 2022 at 9:31 am

    He doesn’t explain it like a 5 yrs old

  57. Zoe Smulders

    September 29, 2022 at 2:40 am

    I have 55k in a well diversified portfolio in fixed income and volatile digital assets which has grown by 3x in the past 7 months with compounding, venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance.

    • Zoe Smulders

      September 29, 2022 at 2:46 am

      Interest rates have also been rising since last year. We shifted our attention off equities and so far it has been bliss. I found her via a match on a section in investopedia about advisors.

    • Marcelino Barrows

      September 29, 2022 at 2:50 am

      @Zoe Smulders Awesome, thanks. I ‘ll Look her up for inquiries.

    • Teslas Are Rare

      September 29, 2022 at 2:54 am

      Impressive, way to go Zoe. I knew that one could still rack up gains in the market if you did the right thing and got out quick. Kudos to your advisor also, I wish I had listened to my gut and not wait for markets to recover, I am 50% down I regret it all the time.

    • Ra’s Abdul

      September 29, 2022 at 2:56 am

      @Zoe Smulders I looked up your advisor and she looks the part, quite stunning also. I booked a time schedule for a call, how long do you think it will take her to get back to me?

    • Zoe Smulders

      September 29, 2022 at 2:59 am

      @Teslas Are Rare it is not too late to make changes, the bear market will be around a while and it hasn’t reached its trough yet. You can reach out to her and let her know what the problem is she will offer you splendid advice that can make you money while we wait out this crazy.

  58. Megan Taylor

    September 29, 2022 at 4:12 am

    So if I pay off my house I can get a tax break?

  59. Joanna Cullen

    September 29, 2022 at 4:28 am

    But iBonds are like 9%!

  60. steo2008

    September 29, 2022 at 8:17 pm

    I just buy sliver small amounts. Safe and simple.

  61. amaker home

    September 30, 2022 at 4:39 am

    Dope content, give this guy a recurring series, please.

  62. David B

    September 30, 2022 at 11:08 pm

    You know you’re a baller when Robert Reich is sending you questions.

  63. Levi Hobbs

    October 1, 2022 at 4:02 am

    To be honest, this is not great advice on most fronts.

  64. RosenrotRtLiebchen87

    October 1, 2022 at 6:17 am

    tf you mean used to be .99? arizona iced tea cans are STILL .99 if you’re spending more for a can of Arizona iced tea the store is ripping you off, inform the Arizona iced tea company

  65. alexandra annette

    October 2, 2022 at 3:36 am

    More more more on this topic!

  66. Baker Kawesa

    October 2, 2022 at 5:56 pm

    6:17 and printing money.

  67. Teguh Arifandi

    October 3, 2022 at 5:27 am

    Clear, simple and informative, nice

  68. LETHABO

    October 4, 2022 at 5:42 pm

    WE NEED A PART 2,3,4 and 5

  69. Corina (circlenowsquared)

    October 5, 2022 at 3:12 am

    I love that he answered one of Robert Reich’s tweets!

  70. Brandon Beschta

    October 5, 2022 at 5:20 pm

    Becoming a millionaire is having at least a million dollars? This guy is a financial genius

    • Alexei Utgoff

      October 8, 2022 at 8:14 pm

      You’d be amazed how many YouTubers and tiktoks claim to be millionaires without having the million dollars. And everyone believes them lmao.

  71. elhombreloco

    October 5, 2022 at 8:25 pm

    Wait a minute. How can GDP be negative – gross domestic product – how can you have negative product?

  72. vento

    October 6, 2022 at 8:12 am

    Just wanna point out that Arizona iced tea is still 99 cents (in the US), the family that owns it refuses to raise the price

  73. Nathan Highley

    October 6, 2022 at 7:58 pm

    Does anyone know a good budgeting app to use that 50/30/20 rule???

  74. yashkant family

    October 7, 2022 at 2:51 am

    That pigs ear and face exactly fits on the shape formed by his coat arms

  75. THEJFLORES12

    October 7, 2022 at 3:30 am

    This isn’t the same guy that faked being a doctor?

  76. namirah suweleh

    October 7, 2022 at 12:51 pm

    this guy should build a curriculum to be teached at highschools. this is a vital lesson about living a life.

  77. Javi Del Val

    October 7, 2022 at 9:31 pm

    Druski??

  78. Emily Jane

    October 8, 2022 at 3:36 pm

    I really wanna start retirement savings…. but i just dont know how to do that. Idk how to get it started ?

  79. Melo G Beats

    October 8, 2022 at 6:26 pm

    This guy is cool 👍

  80. Leo Rodriguez

    October 8, 2022 at 8:18 pm

    Yo this guy is on point 🔥. He should be a teacher! Explaining all that financial stuff but in a way I can ACTUALLY understand!

  81. Vatsa

    October 9, 2022 at 3:37 am

    #Wired do an Indian version

  82. You're the AI

    October 9, 2022 at 1:26 pm

    What does the constitution say money is?

  83. Renan Felipe dos Santos

    October 9, 2022 at 3:16 pm

    Very informative video!

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