Zero Savings. No Investments. Here's How I'm Starting Over!

I'm 49 this year. I have no savings, no emergency funds, and zero investment. So, I'm basically broke right in my 50s. But, I'm not going to just sit down here and wait for miracles to happen. I'm going to take action because nothing is too late. This is not a how to get rich video, but

a journey of how I'm trying to rebuild my finances in my midlife. >> [music] [music] >> When I was younger, I had quite a messy [music] career journey. Along the way, I lost a lot of money, accumulated debt, and had to start over. That's one of the reasons I'm driving a taxi today.

Now, looking back, I don't regret taking risks. What I regret is not taking my finances seriously. I'm always careless in my spending and never track my expenses. I never had a clear financial goal. I just assumed things would somehow work themselves out. Now I'm approaching my 50s, I realize I can't afford to continue

living that way. That's why I'm starting this journey of resetting my midlife financials. And I'm choosing it to do it here on YouTube because I need accountability. When you tell thousands of people you're going to do something, it's much harder to make excuses. So, here are my four-step plan to rebuild my finances.

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[music] >> Step one, track my expenses. I've created a simple Excel spreadsheet where I will record everything I spend daily. For example, my daily taxi rental, petrol, cash card, ERP, parking, and also not forgetting my meals. I'm on the road a lot, so I tend to eat out every day, my lunch and dinner.