7 New Rules of Money for 2024
ฝัง
- เผยแพร่เมื่อ 27 พ.ค. 2024
- The rules of money are changing. The world will never be the same, you need to understand how money works, especially for 2024. The times are changing and it’s time to play offence. I will teach you the fundamentals of money, and if you seriously follow these principles you can exponentially multiply your income.
#money #finance #mindset
Timestamp
(00:00) Rule Number 1: Money Is A Game
(2:13) Rule Number 2: Cash Is King
(3:34) Rule Number 3: Patience
(5:50) Rule Number 4: Look Where No-one’s Looking
(7:03) Rule Number 5: Plan Your Moves In Advance
(7:49) Rule Number 6: People That Tell You To Stay Away From Debt Don’t Know What They’re Talking About
(8:50) Rule Number 7: What Can’t You See?
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Music: (Dreams) by Bensound.com
Practical Wisdom - Interesting Ideas
DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
- The Audible link is an affiliate link meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.
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*Great video. We all strive towards financial stability and a better life. It is easy to achieve this through the right investment, by living frugally and budgeting. I’m glad I learnt early in life to work hard for financial freedom*
This is just the right information towards financial freedom as well as wealth creation. For so many years I thought working for other people was the only way to live comfortably, but I came to think differently when I started working with *Donald Nathan Scott* (a registered financial adviser residing in United States). Now I earn monthly from my investment with him
For anyone to be financially free with a passive earning source which exceeds your expenses, you need to ingrain. It’s not just watching videos and reading books anymore but for positive results, work with an expert. I used to think that I can make more money on my own without any loss, but I had better luck working with a *financial advisor* . I’m glad I choose to work with *Donald Nathan Scott* and I have no regrets with my decision.
@@patrickhenandez9448 I feel inspired by this and I’m glad I came across such message just in time. Please, the coach you mentioned, how do I get in touch with him?
@@leonamacdonalds1682 As to get more information on suitable
investment you could engage in. You can
easily find the Investment Professional (Donald Nathan Scott) on the internet where you can easily reach out to him. Do your research using his full names as mentioned.
Personally, I’m blessed and realizing I’m not the only one working with Donald Nathan Scott I will consider myself lucky. I’ve been able to feed and make a living through his advice and great work. For such a person as Donald Nathan Scott, we owe him gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn’t just wise but has all it takes to handle an investment and is good at what he does.
When your side hustles make more money than your job you’ll be on your path to financial freedom. Early retirement is the dream. I refuse to accept that I have to be at the end of my life to enjoy time freedom. Let's hustle to financial independence! 🙌🏿
Just recently got laid off and it feels like i'm beginning from the scratch, i have been researching on investing and I came across an investor on an internet radio who mentioned making well over $450,000 in 3months with an investment of $230,000 I'm a beginner and i really would appreciate any insight or clue on how to make good results
@@jimenezsaulpaulo3085 well you didnt have to be mean about it. It is a good time to buy in on stock, so just buy in on stocks.
@@jimenezsaulpaulo3085
As a beginner, I took a more practical step to learn to invest, I began through the guidance of a financial consultant and within 2 years, I have owned 2homes in the United states and car dealership all with the an investment capital of $150,000 so it is best to invest with the help of a professional.
@@cerealkiller6193
I have been doing things myself and im not happy with my investment portfolio. please who is your financial consultant and how can i get in touch officially?
@@simonralph6302 My consultant is Lisa Jill Grenell, her details are online and you can get in touch with her through her website, just search her.
Having multiple income sources is very crucial to financial growth.
Good words. Investments has always been the ultimate option, it benefits even more when you have several investment which gives you greater advantage and more source of income.
This is exactly what I'm talking about. For the past four years, my income has never been dependent on any firm or work place, because I chose to invest and the more money I get the more I seek for new investment opportunities.
@Jakson avery Unfortunately having a job doesn't mean security. So I really appreciate Expert Rex Coleman transparency and help on my trades.
I came across this name Expert Rex Coleman, when I was really looking to start up some investments. But I wasn't given much information about him.
What marveled me the most about Expert Rex Coleman was the fact that he wasn't just a forex expert, he is also into stock, Crypto currency and other larger investments He is the one behind my successful investments. As I have been investing with him since then now I can venture into real estate with the profits made from trading with him.
"To make money, do certain things, in a certain way, that's it!"
knowing the way is not that easy T
Wishing all happy and wealthy life
Correction for rule #2: Cash Flow Is King
You're right; i.e., cashflow-producing assets is King. Cash itself is a Knight, ready to exploit opportunities.
@@jameswade1366 I like that man
Positive Cash Flow, yes Negative CF, not so much
@@jameswade1366 you nailed it.. i like how you describe it.. 👍👍👍
I wish more people knew 'cash is king' in a bar. But those are the type of people who keep working for money. Granted, I'm to right now. But I also understand and making changes in my life.
100% agree! Its all about changing your mindset. I have a goal of reaching Financial Independence at an early age, which seems crazy to some, but is possible with using money as a tool. Great video! 💸💸
Nothing is more promising than investment.
Investment can take your from zero to hero.
Self trading is risky
For me the best I have succeeded in Forex trading is by trading with an expert Mr Johnson, he has helped me earn such in life, $32,560 was my first huge profit
🔥🔥🔥🔥🔥🔥🔥🔥
@@natak6893That's just all you have to know about this trading, investing with a professional is the best you can do for you self, he is indeed a professional.📈📈📈📈📈📈
📈📈📈📈📈📈📈📈📈
Sowing good seeds as cause would result in marvelous fruits as effect.
Giving away little would bring considerable in return.
Finally some common sense advice about saving. It is more prudent to have cash than put everything you own into bitcoin.
I find myself at a crossroads, uncertain whether to liquidate my $150,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
How do I Find this Person?
I started out with an FA named Nicole Desiree Simon Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds soon. Thanks
thank you for good advice
Success means different things to different people. But it is usually valued in money. Save and invest. Learn and grow.
Thank you
Tough rules, tough lessons. Thanks.
Money rules are universal and changes everytime.
Great..🙏
ขอขอบคุณครับสำหรับเรื่องดีๆครับผม
My 7 rules for money in 2021
1. Don’t date.
2. Dont get married.
3. Don’t live with anyone.
4. Don’t ever have kids.
5. Save money.
6. Save money.
7. Save money.
Edit
6. Invest
7. Invest
And repeat point 2😅
But if you are not in a relationship and don't have kids, what would you save for?
@@vger5857 traveling, toys, cars, the list is infinite really.
Never had a female friend I am 25 years old. Only had 1 girl in 3rd through 4rth grade. Women think I am weird because Autstict lives on Dream.
1:36 you the person who's reading this or speaking this Blog is wrong about that quote regarding MONEY. The Bible doesn't say MONEY is the ROOT of all evil it says THE LOVE, THE LOVE. " the LOVE of money" is the root to ALL EVIL!!!!
The teachers of my 10 and 12 year old daughters encourage parents to let the kids read books as one of their activities. So I let them read books about investing and have them explain to me some concepts. They understood and I will reinforce their knowledge as they grow older. This video can also help a lot and I will show this to them. Thanks.
very good. I'm also; found my way here because I'm looking for simple finance videos for my kids. Cheers!
Can you recommend some books?
@@gracefullyme7350
How to Turn $100 into $1,000,000 by McKenna
Finance 101 for Kids by Andal
@@AC-gp4gz Thank you. Really appreciate you taking time to forward me these.
Awesome video. You are definitely correct about there not being enough information about the importance of patience when it comes to finance! We're going to help by putting out a video on the topic. 😀
There are lots of things you can actually invest in. You don't need to follow the crowd
Number one in Northern California🇺🇲🌎
+ 1. ( 5. 1. 0 ) 9. 2. 7. - 4. 6. 6. 3
Tyson Clayton is the name
These rules are spot on. Financial knowledge is what we all need to learn. 💲💵
.wp
Knowledge is power but one also needs health also my Grandfather always told me it's no good being the richest person in the Cemetery lol!!!! One needs to enjoy one's self as well cheers regards from stewy Hudson and family Dalby
Some info isn't entirely correct, but all the advice is spot on! Overall, great video!
I love making lots and lots of money!!!
Good!
Thanks and happy new year ✌️
I don't worry in critical times because I always have the God to rely on. truthfully thank you God for the blessing of Islam.
The Love of money (the love of the world) has in collections of objects, materialism, and living an expensive lifestyle can lead to greed and love of money is the root of all evil. We all need money for survival, freedom, and experiences that are once in a lifetime.
Greed is good.
I will choose to take a risk this 2021
You will never grow as a person if you are comfortable. You cannot be comfortable and expect to grow. You will hate yourself more for the risks that you didn't take rather than the mistakes that you made. Good Luck Bro!
Cool!😀
Great advice
Hi! Can you make a video on how stocks and bonds works? You just see % and decimal numbers. In College they don't teach you enough and when you ask your professors, they just ignore you
@nigelkellaway no, but I need to get my financial education first
@nigelkellaway yes but now I have to get a jon and then invest money. Now all I can do is learn and then do something. I'm writing from Italy and that's what I can do
Love is a Name, vorgett is a Name, and play is a Game.
To help others is to help yourself.
This is great. Thanks for sharing!
Wow! Great video!
Thanks brother..... Money is a Game
Money is Energy.
Thanks for the tips
Good
This guy explains doubling one’s money, like it’s as easy as crossing the street. It’s not that simple, one’s got bills to pay.
If your “bills” are preventing you from investing/saving money, maybe it’s time to re-evaluate your spending habits and find out where your money is going? Living from paycheck to paycheck can become old really quickly. Best wishes on your financial adventure! Cheers.
Trust me it’s easy! Rule number 1, eliminate all debt rule 2 no more instant gratification rule 3 now work hard rule 4 now invest in something and double or triple etc wake up bro 😎
Mrs Lisa is one of the best fx account managers i can actually vouch for as being honest
I have experienced her work also .its Simply brilliant .i made a withdrawal on Monday 23,560 Pounds after investing 2,800 Pounds
i consider it as opportunity to have come across her sHe can help you too only if you are willing to follow what she says
In all my years of trading and research the most valuable insight was getting in touch with a pro trader like Mrs. Lisa and ever since i started investing with her have been making cool profits like never before, will recommend her as one of the best trader have ever come across.
Great video especially rule n•1 hit hard
Great Video! kindly make a Video On Chuck Feeney. His understanding of use of money is fare ahead than many billionaire.
Thank you Thank you Thank you
Genial.
Rules - 0:01 - Money is a game, 2:14 - cash is king, 3:37 - Patience, 5:53 - look where no one is looking, 7:05 - plan (moves) in advance, 7:52 - debt is a double edged sword (paraphrase) so learn how to use it, 8:52 - what can't you see?
There are lots of things you can actually invest in and make a huge amount of money in a short while. You don't need to follow the crowd +.4.4 ...7...4.5.1 ...2...2..1...1...0...7.
Tyson Clayton is the name. Number one award winner in the UK 🇬🇧.
He's an amazing tutor and fnancial adviiser. And has been years in this institution. If you find this educative and informative don't forget to drop a 👍
Spot on!
Yes I agree because I will have a lot of money one day and this video will be helpful thanks a lot buddy 🙏🙌🤝
Hi their random of the internet :) idk who you are but if you are interested in upcoming crypto you can mine for free rn from your own phone look into BeeNetwork on the app store. The future of $ will not be held physically:). Not to say these types of apps will necessarily thrive in whatever market exists 5 years from now but if you find those apps promising and dont mind helping me and yourself feel free to use my referral code *Mercyhere* thank you honestly!
Superb ! 👍👍🔝🥇
Great quality content!! Thanks
I would have expected or the Hodl rule to appear :))
Straight to the content no intro i like this approach
Thank you, If money is a game then lets make it a LOVE game and all have fun ;)
You missed the point... Yup totally missed the point lmao
@@johnathonluedtke2889 no lol Offcourse we know lol
@@johnathonluedtke2889 looks like you missed the point 🤣🥲
@@johnathonluedtke2889 22
Que dice el viejo Richard 2 is
Money rules the world, undertstand that it is the reason behind EVERYTHING and you understand the world
True
If everyone become prudent with money..it will start this chain reaction,
1. Demand lows for all items
2. Price reduces for most items
3. As price reduces tax reduces
4. All can buy more essential items
5 .All can save more for emergency fund
6. Emergency fund size will come down
7. Even a hourly wage can give a decent life
8. Stress will reduce
9. Happiness will increase
10. Productivity will increase
11. More time available
12. We can earn more
13. We can live our life a little more
And the chain reaction continues...
So its in our good to share and have a prudent society.
Example : if we all buy only basic essential houses...housing cost will come down with lesser demand for unnecessarily luxury homes. so more people can have access to housing.
Rules of Money
Rule #1 - Money is Knowledge. ...
Rule #2 - Learn how to use debt. ...
Rule #3 - Learn how to control cash flow. ...
Rule #4 - Prepare for bad times and you will only know good times. ...
Rule #5 - The need for speed. ...
Rule #6 - Learn the language of money. ...
Rule #7 - Life is a team sport.
A small outlay of $300 will return $100k in six years, with a passive income of 1-1.5% a day, by reaching your next contract (legally binding) your return becomes greater!
There are two options to this:
1. A simple return on your outlay!
2. A team building option which will see your return grow substantially!
Its a one time payment and will be the only outlay you ever have to make!
We have a great team of 2000+ in the company itself and a telegram group of 350+ and growing daily.
WE HAVE NEVER LOST A DAYS TRADE! FACT!
NO PRESSURE TO JOIN!
Please just ask for more info?
Curiosity cost nothing?
@@leonjonesuk3521 I would like to have more information
@@CCheikh_Ismael how would you like to talk, facebook, whatsapp, instagram, zoom? I prefer whatsapp or zoom as i get to actually meet you lol
@@CCheikh_Ismael i will give you my details
Fantastic rules! Thank you!
the Love of money is the root of all evil not the money itself
Create a spending plan instead A spending plan allows you to choose what you spend your money on instead of restricting yourself on what you can’t spend. Start by determining your monthly fixed income and then decide what spending categories are most important to you.
HI I want to thank you so much for this valuable lesson. I will like to know if there is a way I can pay my student loan and be able to save money
Look up Dave Ramsey
There are lots of things you can actually invest in and make a huge amount of money in a short while. You don't need to follow the crowd
Number one in Northern California🇺🇲🌎
+ 1. ( 5. 1. 0 ) 9. 2. 7. - 4. 6. 6. 3
Tyson Clayton is the name
1. Money is a game
2. Cash is king
3. Patient
4. Look where no-one's looking
5. Plan your moves in advance
6. People that tell you to stay away from debt don't know what they are talking about
7. what can't you see
Thank you
Money is a wealthy mindset.
Mastering the money game
Hi their random of the internet :) idk who you are but if you are interested in upcoming crypto you can mine for free rn from your own phone look into BeeNetwork on the app store. The future of $ will not be held physically:). Not to say these types of apps will necessarily thrive in whatever market exists 5 years from now but if you find those apps promising and dont mind helping me and yourself feel free to use my referral code *Mercyhere* thank you honestly!
Great video
Thanks sir
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Indeed, all of human wisdom throughout history can be summed up in two words: PATIENCE and HOPE. Money is plentiful for those who understand the simple laws which govern its acquisition. Happy Holidays Everyone 🖖
Patience and discipline.
This is the most basic level of understanding. This video is for novices. If you have any understanding of finance, this is mostly a refresher. I think this video is misleading novices as well. Novices will see this and be more confused.
What about Bitcoin & Crypto currency..?? The rules hv changed & on a COMPLETELY different level now!!
Ok...
Nice video, thank you for putting this together!
Money isn't every thing in life folks seak God be happy try and better your self money and fame is nothing remember that stop worrying about tomorrow focus on today.
..a tool, thank you. A knife is a murderous weapon in the hands of wrong person. But in the hands of the right person it will be used to create delicious meals for an entire village
Yeah. But you need more than just a knife. What about the ingredients? And training or education? Things are more complex than we think.
Great video with lots of valuable tidbits of information 👍🏽👍🏽
I disagree with cash is king to an extent, anything over 3-6 months expenses is holding too much cash. Having everything past that in liquid investments is best and only if you are wealthy invest in illiquid investments like real estate.
0:17 nice Christmas gift
Cash is king related to 1MDB case
I had negative associations with money, but it is indeed a critical tool for life. All people need to understand it.
Wonderful comment,i really appreciate a lot, correspond to my administrator on What'sApp to assist you make millions in BTC +1..(5...8..0)....9...5....2..-.4..2...5...7 🇺🇲 Have a blissful 🎄holiday🎄
First comment. Awesome video
Rules of money
1. Money is game
2. cash is king
3. patience
4. look where no one look
5. Plan your move in advance
6. know what is no one know clearly.
7.what can't u see🙈
🤯🤯🤯 cash is KING?!?! Saving is more important than investing??? I agree, save for emergencies but that is the only reason to save
agreed. the main message is that once you have enough savings for 3 to 12 months and then start investing
Save alongside investing, but only 3-6 months of living expenses. This can be built up slowly alongside your investment portfolio. I’d never wait till I have 6-12 months salary saved before I start investing!!
Hi their random of the internet :) idk who you are but if you are interested in upcoming crypto you can mine for free rn from your own phone look into BeeNetwork on the app store. The future of $ will not be held physically:). Not to say these types of apps will necessarily thrive in whatever market exists 5 years from now but if you find those apps promising and dont mind helping me and yourself feel free to use my referral code *Mercyhere* thank you honestly!
ok cool
Mmmmh wow
This is useful but it needs to be more forthright in confirming that people the world over is kept in darkness regarding everything concerning money in order to keep the majority at best in the "slavery" class thereby maintaining the conveyor belt of never ending scared cheap labour! This realization provides the "why" that most people need to shift their focus from being a consumer to being the creator we already are!
Innovation old industries
I agree with almost everything except having a lot of cash sitting in the bank. I invest in the stock market every week. I have $250 in my checking account and that's it. But I have several credit cards for emergencies.
I'm debt free but looking to get a heloc to buy more rental property when I find the right deals. I'm thinking about beach condos even though I've heard a lot of negative comments about it.
I'm also going to try small risk day trading. Again, lots of negative comments about it but a risk I'm willing to take.
@Richardson Wally She is doing great. She has a friend over for the holidays.
@Richardson Wally I'm seeing a guy at the moment. I think I'm a good bit older than you.
@Richardson Wally How old are you?
@Richardson Wally I'm 48. How do you feel about the age difference?
@Richardson Wally What state do you live in. I'm in Ga
How about: electricians, Plummer’s, pipe fitters, etc...
Yo bro no intro or some direct with the video
Rule number 1:
*Invest in assets not liabilities.*
Yup and that’s why lots of us are just chilling in 2020 moving forward. My Prius still going with 370,000 miles zero maintenance since 2015 purchased new. And my home was purchased for $65,000 inow it’s $890,000 paid off few years ago. Was it easy no it wasn’t. But we did it! Zero debt in my family. About to sell home 🏡 any month now. I’m near dodger stadium and staples center la Lakers and rose bowl parade in Pasadena Caltech areas. No instant gratification and will power is the secret!
Save money for the future not to have more money in the future but to have less trouble in the future.
The world would be great if there was no money.
@manees lol
or fat people.
@@zoomzoom3950 lol
9:23 may pang laban nako sa mga aso
Money is an instrument of getting and achieving your goals of course, but first of all it is your bread.🤑🤑
money is a tool.
a fool with a tool is still a fool.
don't be a fool.
or a tool.
There are lots of things you can actually invest in and make a huge amount of money in a short while. You don't need to follow the crowd +.4.4 ...7...4.5.1 ...2...2..1...1...0...7.
Tyson Clayton is the name. Number one in the UK 🇬🇧
He's an amazing tutor and fnancial adviiser. And has been years in this institution. If you find this educative and informative don't forget to drop a 👍
Very interesting video but saying Corona came out of nowhere hmmmm did it?
Wonderful comment,i really appreciate a lot, correspond to my administrator on What'sApp to assist you make millions in BTC +1..(5...8..0)....9...5....2..-.4..2...5...7 🇺🇲 Have a blissful 🎄holiday🎄
Corona-chan is irrelevant. The real problem is authoritarian governments happy for an excuse to flex on people for their own good, killing tens of millions of jobs in the process.
Thanks for this! Learned new insights that other videos don't tackle.
Not the money but the love of money,, is the root of all evil
Ain’t that the truth
Money is a tool. Only misuse leads to problems
Love that you included Adam smith!
Rules of Monopoly APPLIES to real life money. Collect 200 per year (salary) and then save to invest (houses and hotels). Then sit back and collect. Seriously, just dont go to JAIL.