Sunday, May 19, 2024

Make smart money moves early: self-taught finfluencer Joyee Yang

Who are your heroes in money, finance and investing?

It must be my primary investment hero Brandon Beavis. His YouTube videos have taught me the whole lot I learn about investing. My money hero is Adrian Bar, Canadians in a t-shirt on Youtube. He taught me tips on how to optimize taxes and keep more cash in my pocket. Third, my financial hero is Maxwell Nicholson, the CEO of Blossom. He created an app that shows you what your favorite influencers and friends are investing in, and transparency is actually what Gen Z needs as of late.

How do you wish to spend your free time?

Leisure time is a luxury for me. While I worked two to a few jobs from age 19 to 25, I never had any free time. I’ve been self-employed for six months now and have been traveling quite a bit recently. I also love solo dates, going for breakfast, dinner, spa treatments and window shopping.

If money wasn’t a difficulty, what would you do now?

I’d definitely travel and do all of the excursions like swimming with dolphins, diving, ziplining, paragliding and so forth.

What was your first memory about money?

Buy snacks on the supermarket. I learned that cash can purchase me the items I need.

What’s the very first thing you acquire along with your own money?

The very first thing I purchased with my first salary was a silver ring from Swarovski. I desired to buy something that will remind me of my independence and never exit of favor.

What was your first job?

When I used to be 16, I got my first job as a sales representative at Old Navy.

What was the most important money lesson you learned growing up?

The biggest money lesson I learned was the importance of using each dollar. I wish I had educated myself about all of the investment vehicles available like high interest savings accounts, the stock market, and GICs once I was 19 years old. I missed out on potential profits because I didn’t know such investment vehicles existed. It was vital for me to undergo this because now I like exploring more ways to make use of my money and now I actually have a platform to share my insights.

What’s one of the best money advice you’ve got ever received?

Buy assets, not liabilities.

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