6 Money Traps To Avoid In Your 30's
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- เผยแพร่เมื่อ 21 พ.ค. 2024
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When you’re in your 30s, it’s the most important decade of your financial years. The problem is, that most people don’t know that there are 6 money traps that are holding most people back from achieving their financial goals. So if you want to achieve your financial goals faster, watch this video now as Dan Lok breaks down the 6 money traps to avoid in your 30s.
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#MoneyTraps #AdviceForYoungPeople #MoneyAdvice #Money #RichHabits
This video is about 6 Money Traps To Avoid In Your 30's
• 6 Money Traps To Avoid...
I'm 68 years young and am always learning!
Dr.Cheryl Cuttineau you af nigga
I'm 108 yrs young
You even say young and you want to millionaire in 70s
Thank you!
Beautiful to hear
6 Money Traps to Avoid in your 30s:
1. Buy a house you can't afford
2. Buy a car you can't afford
3. Not investing or Not investing enough
4. Not having a high income skill
5. Not having financial goals
6. Not being financially literate
Az flor Huerta thank you!!!!!
Az Flor Huerta thank you!
Tanks alot
Thank you
Thankuuuuuuuuuuu
Some good advice here. I started a business at 24 and sold it at 32, purchased 4 properties between the age of 29 and 34 with cash and rent 3 of them out, they cover all my bills, been living the dream for 2 years almost in Spain in a nice private villa with my own pool. I wish everyone success on the journey to smashing those goals.
Theswagger properties services
Fantastic!
Currently on house #3 will be at 4 by end of year. You're living my dream.
The jealousy is real right now.
Please what is the business u sold
Great tips! I’m in my 30’s and achieving financial success. I only wish I had started sooner. If you’re in your 20’s or younger, START NOW! Listen to videos like this! And by your 30’s you be a multi-millionaire. You can do it.
Same here Steve! Wishing you good health and good fortunes!
It's never too late to succeed
but how can i do it?im only 18 living in canada. any tips or insight would be nice
you are absolutely right bro i am in my 30's and i believe i can to and i believe i am on the verge of getting there one step at a time.
❤️
I made all the mistakes and I’m 33. I’m learning financial literacy and creating new money habits
Everyday is a school day.
You're still on time to get back on track!
Shanetha..you not alone my dear...
No problem just keep grinding
Wow
House, car, investment, high income skill, financial goals , financial literacy.
Very powerful. Thanks for sharing.
Invest in yourself at one thing that’s going to take you to where you want to go. Reprogram your subconscious mind. Don’t let your current situation dictate your future many entrepreneurs don’t have many friends and keep distance from family members to protect their hard drive.. witch is your brain
Thanks
Great
Yeap !!!
"Clarity is Power. What is power? Power is the ability to act." & "When the idea or vision is clear the path is easy."
Im 32 living in NYC. I was going to ask my boss for a raise in the last week of feb. That wouldve been 2 years since my last raise. Instead he called me to his office and offered me a raise of 15k without me asking. That was roughly a 20% increase of my then current income. I accepted =)
Financial literacy is so important! I like Dan's point about not needing to be an expert at it, but having that basic understanding!
Erika Kullberg: Finance, Investing, Passive Income hi
You got that right!That's exactly why I'm in the process of getting my LAH to have more financial awareness. I'm going to reinvest in land again I did it the first time and turned my first piece of land into an asset, and I'm going to buy more. Because I'm going to avoid the waiting to invest trap!
It’s unfortunate so many don’t have this information early on. Thank you Dan Lok
So true.
Omg
I avoided a few money traps, I don't use a credit card..don't buy anything until I really need it...plan save before each spend...just Invest in good gym,clothes and basics... No party,show off, hosting people and flashy social life... believe in meditation, focus, close knit family ties, saving and doing multiple side hustles out of passion even if they pay less...yes I still have my job, I don't think it's a poor mindset, being joyful today and tomorrow both are equally important. Hope it helps.
The more I listen to you, the more financially wise I become. Thank you, Dan Lok
I have been doing all of these since my 20's. It's just something I enjoy. Thankful for Dan Lok sharing his wisdom. People like him inspired me to share my story. I was always taught to keep success to yourself but I see now that is selfish to not help other people.
Thank you so much for this Dan! You are simply amazing! I learned a lot.
Mr Dan, watching your video about 6 money traps to avoid when one is in his 30's is an eye opener for me. Thanks for the information.
Dan, you are such a big blessing to my life. I have seen my life improve since I started listening and putting to practice your teachings. I am 32 right now and though I don't have many of these challenges because I have been learning from you, I do know I am on the right path. I have to be honest, it's not easy, but its worth it! I am still guilty of number 4 for now(some high income skills) because high income skills are awesome but takes time to acquire
I am having challenge with closing right now.
Great talk Dan! I completely agree with everything on the list! You have to be very wise with your cash flow and not making bone-headed decisions.
Man. You're great.
God bless your efforts and deeds♥️
Not having financial goals, and not being financially illiterate, am gonna avoid this at all cost. Thanks Dan for the exposition.
Thank you for your excellent video Dan and team....
Your such a blessing Dan! I've been watching your videos. And you help me much. Keep it up.
Careful. Look for another youtuber who explores his story.
You are great 👍 ありがとうございます😊
Over the period I’ve being watching dan’s videos I’ve learn so much and applying them my life is so much different, I even tell my siblings and friends to watch his videos
That’s a good one, it only gets me ready and closer to understanding what I need to do. Thank you and keep that on
Another valuable content. Thank you sifu Dan
Perfect timing, found that I wasn't sure of which wall.
Thanks for the advice Sir. I'll do this.
Another awesome video. Thank you for taking the time to deliver more good content.
Looks like we're on the right track. Thanks for the helpful tips. 😀
I am happy and motivated to watching your videos. Thank you for spending your time to sharing and teaching us
Arrives at the right time when I want to leave job to turn my side hustle into full time job .Thanks Dan lok for your continued sharing your ideas ,you're amazing man who love others most .I'm from Kenya and I have been listening and following your teaching, indeed they amazed me alot .keep up good work sir !
Thank you Dr. Dan!
Thankyou Dan for such a great video.
By the time I am watching am visually clear about my finalcial goal.
Thankyou again from the core of my heart.
Thank you Mr. Dan for sharing so much valuable information.
I am amazed. I avoided all of them. Thank you so much for posting this video.
Thank you, Dan! All your videos are super helpful. I was able to raise my income in 40% last year, following your channel, using some of your tips, still lots to learn ahead!
I live within my means, making 5 figures a year, invest 16,66% in stocks/reits/government bonds, invest 23,33% in my business, save 1,93% for retirement (i Live in Brazil, so government have this basic retirement plan), have 3 sources of income, keep estuding financial education every day, have financial objetives etc. But i dont have a high income skill, yet, i need one ASAP!!
DAN! Your ladder illustration was so apt and on point. It was so funny but very deep too. LOOOOL
Thanks dan! 🙌
Awesome Guidance Dan
Hi Dan,
Thank you.
Mr.Dan Lok ,you are my inspiration actually Watching your vlogs and I am so amazed on how you talk professionally.❤ Godbless you 🇵🇭
Thank u Dan for enlightenment for no. 1 trap...
It's clearer to us now.. To delay our plan of getting our own home, unless the mortgage is only 20%of our monthly net income..
More power to you!
Much love for your vidios Dan! We learn from Tanzania
Thank you Dan 👍🏼👍🏼
Really awesome video, great reminder for everyone.
thanks for your time to give out such good tips on financial. it so good to have financial knowledge and literacy so that we can not mess around with your financial.
thank you so much for your financial lesson.
Thanks ferry much you have make my days going
Absolute legend, great advice... 🙂👍 Now get your ass on impact theory! I’d love to see you & Tom talk business & finance.
Thanks Dan for your very useful video
Almost 43, cleaned up my act in the last year and a half thanks partially to Dan. As from next week I'll be a webmaster, which is a step up for me.
Thank you Dan.I just implemented what u tot on 5 persuasive words to control the mind. It works been getting customers. Thank u dan
Some valuable tips in this video 👌👌
Thank you Dan Lok!!!
Love the tips!
Just love it !!!
Great video Dan! I wish I knew what I know now in my 30’s
I’m 20, Dan Lok is helping shape my future. Currently working on building my high income skill. Thank you Shifu.
Me too🥰
29 atm. Just invested in a warehouse that i'm renting out. Getting some decent returns on it. After i pay of my loan im probably getting another one.
nice bro.. i had different portfolio though but it doesn't matter as long as we get cash flow from it.. cheers!
I'm Just 15 this is really life changing thanks Dan
You are real gem! I’ve been running a small business last 3 years and now I can see how important you videos are to be a money smart !
Great logics bro
Wow so much wisdom. Thank you cefu
Thanks Dan for you great video. 🙏🙏
I really appreciate the video great advise
Clarity is the power ! An eye opener video ! Especially at later age if we honk finanacial problems
"What you don't know will wash you" thanks very much Dan... I really need to take time and educate my mind financially and investment strategies
As usual, awesome content. Because of you I am currently sitting at a very nice restaurant and I just subscribed to Robb Report. Thank you!
Thanks so much boss Dan
Very realistic. Thank for sharing your experience.
Such a powerful video. Sharing this. ❤️
Thank you Sir Dan i Just turned 30 this really helped me confrmd my checklist and added a new. I just hit subscribed its worth sharing
I want to listen but I can not to listen
falling to consumerism and all that marketing from big corporations
This is very powerful information that everyone should know!
Great tips 👌
I agree. Having a clear vision is power! It's helps people visualize the path to their goals and people are more inclined to out in effort to get there. 👌🏽💯
Damn Dan!!!
You are smart
Thumbs up to your team as well
So amazing advise
Wealth is when your residual income is BIGGER than your bills.
Thumbs up if your a residual income creator!!
Yep, my bills are 20% of my income. Pretty legit
no because if you live like a rat you bills are low.
The ladder metaphor is so true !!
Great teacher!
Thank you mr.
Really , thank you much
Had i known this before when we had been fortunate before then i wouldn't be scratching my head now. But failures in life are lessons to be learned and avoided in the future. Eye-opener..
Thanks dan I appreciate it
Thanks for this Video Dan Lok. I am 35 years old, this is timely for me.
Ladder example he gave made me think for an hour and i am convinced and shocked how much he's right about that.Damn my life had been based on a false promise for all the years man😭
It's not to late u can chang e from now also
Thanks sifu🥇
Right time Right video
Your content fabulous
Love from India
Keep doing more on investment & financial video
It's really adding 🥇value
So Glad I’m watching this in my early 20s
Much appreciate Mr Dan Lock
Thank u and bless u.
Thank you so much.
Yes Don every day mi just affi make time just to watch a video you make. Am from 🇯🇲 and things are a little different here but still I apply what you say to my life and am doing well now and I know I will do better time to come
Thanks I love you work
I’m almost finishing my masters in geotechnical Engineering. But I’m having second thoughts now am I in the correct ladder as Dan told 😢.
Thank you from Bangkok, Thailand.
Thank you sir
Great Video!
thanks Dan
interesting, thank you
Nice! I subbed to you! Feel free to support back!