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George Kamel: 11 Money Milestones That Prove You’re Crushing It
Yahoo Finance·2025-09-28 15:01

Group 1 - The State of Personal Finance study indicates that 67% of Americans were financially stable or thriving in Q1 2025 [1] - A YouTube video by money expert George Kamel discusses 11 financial milestones that signify success in personal finance [2] - Kamel emphasizes the importance of not obsessing over net worth [2] Group 2 - Cutting up credit cards is an emotional step that can lead to significant life changes, helping individuals avoid debt and build wealth [3] - Creating a budget, particularly a zero-based budget, allows for intentional spending and better financial understanding [4] - A Pew Research Center survey reveals that 51% of Americans lack a three-month emergency fund, making any savings a significant milestone [5] Group 3 - Being completely debt-free is crucial as it allows individuals to stop paying for past expenses and start building for the future [6] - Having a fully-funded emergency fund is essential for financial security against unexpected expenses [7]