Yeah I was going to say that a lot of times the rich think that the poor are poor because they are stupid or something, they come to them and say or your so stupid for being poor just give me your money I will invest it....... -Bro I don't have money -What why don't you have money -BECAUSE I'M POOR
That’s not true. If you think you are poor please do this when you happen to have 100 just invest $1.00 if $10.00 is too much for you and will surely going to see the difference I tried it and it works like magic. Remember the amount doesn’t matter.
Well being poor is a mentality. The rich don’t usually spend their own money, and often they borrow to invest too. There are many ways to get to a place of financial abundance, but there is one essential criteria-you have to be open minded and believe it’s possible. You must always look within yourself first.
Yes, the economic reality is that the cost of living and raising a family leaves nothing over. I love Jim but it's increasingly more expensive just to survive. We're being done Worldwide 😮.
Profound actually.... Kinda hot everyone in the comments seems to have totally missed what he said because of what they wanted to hear.... Sounds familiar
Do like your sense of humour 😂 It's true investing first and spend wisely what's left, put your mind to it and it is a good investment in the future, big 💰 to enjoy, good comes to those who wait 👍
Self management is the key. Minimum wage has been around forever, and somehow, immigrants move their way on up. Only excuse is you tie yourself up with bad habits in overspending. This government is literally here to cater to the citizens. Successful citizens, Successful Government, everyone wins.
@@samuelgora1thing is, people generalize too much. Everyone's predicament isn't the same. The sooner we all realize that better. "poor people blah blah blah" Sometimes, health is wealth. Sometimes, it's due to poor spending habits. Or it could be some other thing. Never generalize.
Ya hear that!! Your rent bill is not important. Your bills they’re not important, food isn’t important shit I bet MrN1sar will say water isn’t important next
Pool your income then. Sacrifice some independence and live with other family members. The food and energy expenses of a bigger household are barely more than a smaller one, yet with a bigger household you have all those incomes coming in from everyone and only 1 rent, 1 heating is paid. Fewer cars are needed which can be shared. Only 1 person needs to lose time on cooking, instead of everyone if they lived separately. You have more brains, the saved money and time can be invested better, by opening/developing a family business. It is not easy to get along, but if you live alone or as 2, you are merely working to make money not to yourself but to the company, government, landlord, bill collectors, etc.
I feel you; take what little you have left and get skills and training just to make a little more to invest a little more in you. I moved away because my home town is now 2 million dollars a house and to get job they wanted college just to flip a burger at minimum wage. It’s like fresh water fish trying to swim in the ocean they can’t. Sometimes you need to leave town or the country because they don’t value what you have to offer. If your going backwards each month then you need to leave town and find where can make it and grow tell you can come back.
Try and find a cheaper place. Become a minimalist(not a consumer of any kind if possible) spend less on food if able. Invest every penny possible. Maybe get a higher paying job, maybe get two jobs even. Slave away for 20 years. THEN LIVE FREE. Instead of having to consume away your money and live poor for the rest of your life.
The cope in the comments is real, stay poor if you are about excuses. I have applied this kind of advice long ago when I was really struggling and have since changed my life. And I also believe when one gets rich they shouldn't hang around poor people and listen to their boring excuses. Even valid excuses aren't productive in the end.
Spend the costs of living. And unless all your money goes there which it shouldn’t? Instead of buying dumb pointless things spend it on something that might better improve your life
the disconnect of people with money vs people living paycheck to paycheck is crazy. we have to stop calling it the middle class if we live paycheck to paycheck. this sucks
The comments and likes by some people in these comments shows that why 90% are poor and only 10% are rich. If you earn $100 every month and save up 10 dollars first to invest, you will definitely figure out how to survive with $90 in that month. But if you decide to use $90 first before saving that $10, Trust me, you will end up using all $100. The amount doesn't matter guys, it's the philosophy. Wake up!!!
@@Pest87 Whoever thinks this brainless twopenny/halfpenny drivel is 'profound', I have a bunch of ladybird books for you that will most likely challenge you to the very core. 😂
He literally said the amount doesn't matter. If your only mental image of investing is to invest so much you can't even afford bills then you are poor because of you
Even if you gave a man with a poor mentality obscene amounts of money, he'd be poor again eventually (if he doesn't kill himself in the process first).
@@tylerdurden3722What the fuck. Okay but where is the line? Where do you stop being poor, where is it just a "mentality"? The parents struggling to feed their kids on a daily basis living in a slum would it help to just cheer up?
going to college isnt a gamble? working a 9-5 isnt a gamble? no investing is also a gamble, getting in your car is a gamble. i think your mind is chalked bud, bc the message went completely over your head. maybe youre no longer alive,? gg .
Investing doesn't always require risk, just invest in a CD and earn passive income on interest. Whatever you can save up, you can earn 5.5% interest on it forever, and reinvest some portion of that interest. He's basically saying rich people are rich because compound interest exists and you aren't taking advantage of it.
Sit down look at what you spend, almost everyone spends money on crap they don't really need. FYI he isn't talking about like dirt poor, more like working class. If you prioritize investing and it doesn't have to be high risk over spending on wants your life long term will be less stressful and happier.
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
Yes. These people have no idea what being poor means! I think he is talking about what keeps mid to upper middleclass people from breaking through. Poor people are POOR! They don't have money to invest. At the end of the month they may not have any food in the house! What are they going to invest? "Sorry Mr. Landlord! Can't pay my rent this month because I bought a few shares of GE! I'm sure you understand!"
@@alansach8437 Yes, I think it is meant for the middle class. Not when you try to survive. But to get to the middle class from the poor, it is still about the mindset.
@@alansach8437in my place even the poor people try to save a dim and buy gold at the end of the year. You need to find a way to save money when you're poor.
Rich people invest their money in ammunition and land expansion, there is nothing the poor people can do or produce that will make them rich - the ones who do try have their produce taken away from them as "tax or otherwise" and are made to fear, respect and bow down to the "authority" The only way this world can be a better place is if rich parasites of the satanic cult become productive for once and live simply and stop spreading hate and confusion. Education and religion is the only way out, truth is the only way out. Seek guidance from the All Knowing Almighty Creator whoever you believe in - Only He can protect you!
@@jasonvoorhies6431 I identified myself as poor, I realized that debt is not the way forward. A mortgage is a scam designed to take people's houses every recession which by the way is statistically every 12 years. A mortgage is 35 years. The only way forward is to find a way to live for free, work remotely if you can and become a self professed engineer. Home batteries, solar panels, chickens!!!! Biogas and Rain filtration. People get hooked on the idea of living in a "Home". But you can't afford a home!! I'm sorry! But unless you earn £100k+ and can buy a 5 year mortgage after the inevitable crash. You can afford a caravan on a 1/2 acre land in the countryside, or a converted bus. Be realistic and capitalize on the time you're in. We're in feudalism and the desire for affirmation via cars and possessions is the reason we're all poor. The future rich will live for free because they understand they cannot control capitalism, only mitigate it.
That's the point... You can't be that dull to think if one group of people have a certain philosophy while the others don't, that adopting the philosophy of the other group wouldn't push you towards it.
Honestly it’s true, if you are working atleast a 9-5, suffer for a couple of years and mostly buy cheaper things so you gain bigger leftover amount of money every month and invest that, every month you keep adding to these investment(s), while you might suffer you will very realistically have 600 a month to invest. the money is gonna keep adding up so in 1 year you will have invested 7k and Lets say you dubble the money the first year with your investment(s) and tripple it the second year. Your first year you will have 12000 and the 2nd (12000+6000x3)you will have 54 000, you could then take 10k out. Then step over to part-time work for the 3rd year 2days a week (40% of wat you used to) You will have 2k a month this year if you earn 100 a day. And if your dubbeling your money the 3rd year with your investment(s) that’s 88k. 4th year you take 30k out and stop working. you dubbele your money again with investing and BAM you have 116k And didn’t even have to work. 5th year you take out 30k and if you dubbel your investment again you have 172k just with your investments.repeat repeat. If this continues you have 6,8 million after 10 years while living on 200k for the year. Ofcourse this will vary a bit depending on where you live. And yes my source is trust me bro.
@@abbasnasir9615by selling how to get rich 😅, you’ll never guess how many people get rich telling other people how to get rich. If you ever hear a rich person say invest remember 90 percent of the stock market is owned by 1 percent of people. We invest and they sell, we lose money and they make it.
So little Johnny listened to ths advice and invested almost all his money! But what was left wasn't enough for the food and shelter, so Johnny simply died... and didn't profit much from his investment.
Most likely she went because she couldn't invest in you because your not spending less money on her, user, the thing she didn't realize is investing gradually big💰in future years, You gained bigger investment 💰and 🗽 Good job 👍
The Lord that you're thank wants you to have much. "If they obey and serve Him, they shall spend their days in prosperity, and their years in pleasures" (Job 36:11).
“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also. Matthew 6:19-21 ESV But if we have food and clothing, with these we will be content. But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. 1 Timothy 6:8-9 ESV And he said to them, “Take care, and be on your guard against all covetousness, for one’s life does not consist in the abundance of his possessions.” Luke 12:15 ESV Jesus Christ our Lord was a poor carpenter and his disciples weren't rich on earth but in heaven. God provided what they needed on earth but the riches he wants us to have are heavenly.
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
@@wintertimelol5480 ye and he and other landlords are just middle men between people like me and the banks. We're too poor so the bank doesn't want to deal with us directly. Even though we work to pay rent and support the entire economic structure, we are undesirable.
Your poor because the work you provide has low value. You don't support the economic structure. You're forced into it. They built the economic structure, and you decide whether to participate. Nothing stops you from moving outside the US, setting up camp in fucking Croatia or Vietnam and living like a king. Know how to do do online business? Know how to generate money for other people? If so, you can do that anywhere. Why stay here? Cuz you can't move. Cuz you don't have the knowledge to. And of course, you like the Uber and McDonalds and the Schools and the Jobs that this country has. And anytime you do that, they control your thoughts and actions. Just something to think about. Food for thought. @@soulessnessD
Right. But the majority buy stuff on loan, buy expensive cloth, buy expensive phones instead of cheaper ones, buy expensive cars just to impress stranger or friends. THESE people he meant. Don't spend all the money for useless expensive crap and then take the leftover to invest a bit, do it the opposite way.
@@famaccount479if u buy expensive things then you aint poor. Middleclass people are not poor. This just shows how out of touch all of you defending this guy.
Robert Bosch, german Engineer Quote: “I don’t pay my employee’s very well because I have a lot of money. I have a lot of money, BECAUSE I pay my employee’s very well” Unquote. That was his philosophy!
Dumbass, this guy lived in a time where things were more affordable, and it was much harder to be stuck in poverty. We don’t live in good times right now, our economy is way worse than it was back then.
@@ericscaillet2232 not simple my man! If you give 1 billion dollars to every human being. Everyone is now a billionaire. But the problem is, the loaf of bread will now cost 10 million dollars. This is what I meant, if everyone gets a lot of money, the purchasing power of money goes down without which money is just piece of paper.
Invest does not mean technically stocks. Invest time into improving yourself. Books, new skills, investing in a project or idea you have. Imagine saving up your money for a couple years, not spending your money for bs, like new phones or new tvs, then buying a small business, 50k. There are a lot of things investing means besides giving your money to the rich.
@@itstenebro Thank you! My son is sixteen years old and has $22,000 in the bank from working at a restaurant since he was 12. His example shoots holes in all the people here who play the victim and blame "the rich" for why they are always broke.
@@Neutral_beliefyou really want to read books of hil after watching this video lol ? If you dont think food and shelter comes First over investment you out of your mind
Don't forget fake up, fake nails, fake hair, clothes, shoes, purses, jewelry MONTHLY. Letd also stop by and get Starbucks several times a week. Oooooooo, can't wait to go out to thr club with the girls! Wait, I don't have any going out clothes out of my hundreds of outfits!!
@@cateatfood6634do you really think poor people have that kinda money? Also if you invest what you spent on nails and hair, the difference is almost nothing
Rich people hire you for $1 so they can make $1M. They then criticize your spending habits: “Why did you buy food with the dollar instead of investing it like I did?” 😂 It’s funny and tragic at the same time.
The cope in the comments is real, stay poor if you are about excuses. I have applied this kind of advice long ago when I was really struggling and have since changed my life. And I also believe when one gets rich they shouldn't hang around poor people and listen to their boring excuses. Even valid excuses aren't productive in the end.
@@keremdelialioglu2197yeah yt comments all day “the one who needs the least is the richest” philosophically you are probably correct. Pragmatically you broke af, likely due to wealth distribution
It's not about eating, you have to, also a roof over your head, clothes, etc. But what you do with the money beyond that, what is left. If you have no rest, you are poor anyway.
When I was a young adult, I wanted to act on this philosophy but I was lucky if I could pay the basic household bills & needs. As I aged & progressed in my career, I was able to invest before spending as I knew what it felt like to be poor.
@@codered4422 those that you just called drug addicts are actually smarter than this guy you could have all the money in the world it won’t buy you time and by the time you realize that it’s already too late ! Personal opinion.
Spending of any kind is an investment. You invest in survival when you buy food. You invest in comfort when you buy clothing and heating. You invest in your abilities when you pay for education. Etc. Investing in someone else's investments is a luxury and a gamble, to put this forward as being a priority for those with little money to start with is frankly ridiculous.
I doesnt bother me if most people don’t understand or believe what you say on that comment. Im happy that you do .proud of you . 👏🏻not easy! keep pushing ! Bless
I started off poor. I am now considered "wealthy" because of my net worth. It is a state of mind. Food in the U.S. is incredibly cheap relative to what we earn. Don't let anyone tell you differently. Poverty is a state of mind. Stop thinking like a poor person, a victim of "the rich". 95% of the millionaires in the U.S. did not start out as millionaires. I am one of them, one of millions actually.
@jimmoses6617 this is factually and measurably incorrect. Only 20% of millionaires became millionaires with a middle class or lower income. More people have become millionaires by gambling, lottery, and betting than have become millionaires though business ventures as middle class.
@@Thattyguy_ "More people have become millionaires by gambling, lottery, and betting than have become millionaires though business ventures as middle class." You are high my friend. Totally high.
The idea is to scrutinized your expenses. Investment also doesn't have to be strictly monetary. Ex: invest in networking, Invest in your kids, invest in your education etc. Of course you have to weight the short and long term reward (delayed gratification)
it's because 90% of uneducated/emotional people in financial markets wanna get rich overnight which is impossible . investing and trading is not for kids.
This concept is what actually got us out from the great depression. I really hope that there's someone clever enough out there that just understands what this man is trying to say. "No matter what the amount is" he says. Nobody said to not pay bills, food or rent. You invest 1 bloody dollar when you get your paycheck and then proceed to think of your expenses. The main goal is to change the first thing on which your brain focuses when you receive your paycheck. The philosophy itself it's all that matters, changing the direction your attention goes in. One month you invest 1$, another maybe 5$. Then something changes in time, sometimes it grows and you can reinvest without risking to not pay your rent or bills. So automatically you're having more money from your investments (if you have patience and perseverance). This Madame and Monsieur is one of the best ways to reprogram your brain to be successful. I'm not saying you'll be all billionaires, but for sure you'll be able to provide for your families and be more than comfortable.
Real truth. Most poor people don't have any money to invest anything. We buy food, if we can, we pay rent if we are ever able to get a home, we pay our bills and buy warm clothes. If we can. Staying alive, reducing our pain of hunger. THAT is our only investment we can try for.
I do invest in the stock market. I’m no Warren Buffet, admittedly. But my stocks aren’t generating jackschit for the most part. He needs to do a part 2 video where he tells us where to invest…
No one knows what stock to buy. Some just get lucky and act like they know. Just invest in SP500 ETF. It’s broad and “safe” (no stock is guaranteed to not drop but it won’t go broke). It’s gone up 28x in 40 years. Set it and forget it. Forget trying to time the market or panic sell.
If you’re rent is your entire weekly paycheck you’re living beyond your means, you can get food cheap if you know the right things and you’ll have enough for rent if you driving your monthly rent by the amount of weeks in a month and set that money to the side each paycheck and you’ll have left over money you can use to make more money If you were to put 320 monthly in a savings account with a 5% interest rate every month from when you started working to when you retire you’ll retire with ≈600k cash i have been poor my whole life and worked out of it study finances and it gets easy
@@KingOfKlubs1Tell me you’ve never been broke without telling you’ve never been broke. Most jobs don’t even pay the bills. Companies and the government expect you to work endlessly to make barely make ends meet. Rent, mortgage, utilities, groceries gas and other goods are ridiculous and you have the audacity to tell us we’re living outside of our means? People like you have absolutely no clue about the real world.
Funny enough my father had this philosophy. Save up money for this. Interest rate is great. ButbI save up amount x already this is impossible. Son you should eat less( me who lives on potatoes, Rice and eggs)
My life changed when I realized that no one was coming to save me. If you take your life seriously you will see a lot of improvement. I made the decision to start cryptocurrencies earlier last year at 38, just 1 year plus a few months since I started, I have grown my portfolio to over 100k, I know this isn't much but it wasn't easy to inspire myself. I really thank God for my journey so far and also connecting me with the right people.
It doesn't matter how long you wait, in this markêt opportunities must come. Invest for the long haul. It's important to make informed choices rather than relying on luck or impulse. it's best to partnēr with an advisor.
@@seanm729 I took chances on not having children that was my greatest fear was having kids and bringing them to my nightmare, knowing there’s no future for them not unless you are from some alien blood line or you sell them off to some evil industry, and I would be dammed if I would want them to be programmed by this evil government. God bless our children
@@DONBONkk you are right about that. I work pay check to paycheck just to pay my bills and everything that comes with staying alive. It’s sucks but what can I do, not a dam thing but deal with it and take it day by day.”dam I love my life 🤬”
💛🦁🍀⚖️💬🐑 Exactly 💯💪 rich in money makes it hard to believe that God provides for them and they fall away go feed on whatever....777 Amen see it happens a lot ....they forget who gets the say they gave it to them and what they was told about how money turns the hearts away from what really matters
I followed his principle and in 1 year my family was so rich, just take out an insurance before you follow this method so that ultimately your family can be rich when you die of starvation
It's literally one google search away. "Emanuel James "Jim" Rohn was born in Yakima, Washington, to Emmanuel and Clara Rohn. The Rohns owned and worked a farm in Caldwell, Idaho, where Jim grew up as an only child. He was born to a poor family, became a millionaire at age 30, and went broke when he was 33. He later became a millionaire again.[1] Rohn left college after one year.[2]" So not only did he start poor, he got wiped out and succeeded a second time. He speaks the truth. The truth hurts.
@@gaijinfishing What these people fail to realize is that this is a mindset shift not some cash flow of your personal life evaluation. Mindset truly is everything. It's similar to the idea of fake it until you make it. But in this sense it's shifting from I have only $5 to invest to I'm going to invest that $5 first and then I'll figure the rest out.
@@Shootthewaffle2yes well now a days even people making 60-70k a year still struggle because of inflation. In today's life only the rich are comfortable.
@@ralphalf5897 the root cause of inflation is greed think about it with the electric cars gas shouldn't be at an all time high still. Yet gas companies are still charging absurd prices even though at least a 1/4 of the people are using electric cars. Food honestly if it's in the USA no reason to even hike the prices here. Or what about the medical industry why should we be paying 1,000 for an ambulance ride ? Or 500 for insulin. But if you want a different answer supply and demand.
Eye opening. I believe Jim is referencing the philosophy of investing in yourself, hint him saying "it really doesn't matter about the amount, it matters about the philosophy." I've worked three jobs at a time and still had time to do other things that made me happy. But, instead of using my time for happiness, I could be investing that time in a trade/skill/education to better myself. Even if I didn't do half of that, but ensured I networked myself outside of my comfort zone. I'd be better off than complaining about what others have/ have not.
😂😂😂😂😂 u so funny im live in california the minimun wage is $2480 a month less 10 in tax and average rent is $1800 plus bills for one bed apartment try to survive and save money with that get out of your bubble and u will understand why in united states we have so much violence, hombles and robbers many cities is impossible to survive with dignity evenif u work 40 hr a week
math is not your strong side isn't it? Lets take the average for example, 2480 - 1800 is 680 after rent, lets add least 100 of electricity and the necessary 50-150 a month for gas or public transports we don't know op uses so lets take the medium that would be around 75 so now he is left with $505 for food. There you go, op has $16,290 to spend on 31 day month 16.6 on 30 day month and the whapping 18,0 on 28 day month. I am sure that all your crypto no fiat nonsense would probably work for the average millionaire that wants to put his money in something. But for OP that struggles to buy potatoes for home, i doubt any of that bullshit makes any sense at all. Till this day, i am to see a man that actually works for his money to believe in fairy tails. But scammers they preach that fiat bullshit as if their life depend on it, oh wait...snap it actually does. @@Proezdom-zx2tl
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
Ah yes, just invest your money first and live off of nothing until it grows disproportionately to inflation!!!! Top tips right here guys!! Being poor is not a mindset it’s called being exploited. Being rich is not a mindset it’s called exploiting.
Very practical , when I listened to this years ago I was only a student and after my budget had like $30 left , I saved/invested that first before paying any bills and rent on the same day I got paid. The habit of doing this build a philosophy that has stuck, even now that I have a graduate job with 15 years and counting in my professional job. It doesn’t matter how much it was the habituation and discipline I knew I first had to build. If you can’t save $5 of pay-check, we’ll how will you save 10% of a million - harder
As i can see there is many different reactions on this advice :) as he once said :) . I dont force someone to believe his advices but what i can tell you, i follow his advices, and year by year i can see the difference in my life and i recommend you to follow him as well. You will become financially independent and happy person :)
I agree. Not that I am rich myself at the moment... But I can clearly see the difference between the poor and rich mindset. I experienced times when I did not have money for food... And then I DECIDED that this would never happen to me again.
I used to wash homeowners windows in my 20’s working for myself with a buddy. Of course we went to rich neighborhoods. Talked to clients here and there, wives of CEO’s and such. What I noticed: On average rich people waste less money than poor people relative to their incomes.
For the ones who don't understand, he's saying, use your investment wisely and invest well. Then your food and rations will follow. Great philosophy, thanks jim
The problem here, is that to invest with any noticeable impact, you need to have a lot of spare money. And if your money is completly consumed by your basic life expenses, what are you going to invest? Good luck investing 10$ a month.
Poor people sometimes don't have money to buy food, how can they spend money investing? Many people outside US or Europe don't even have the opportunity to get access to the stock market
![[Sub Thai] APT. - ROSÉ & Bruno Mars](http://i.ytimg.com/vi/bYjhzP8x_uc/mqdefault.jpg)
Fun fact: poor people most of the time don't really have money to invest
Yeah I was going to say that a lot of times the rich think that the poor are poor because they are stupid or something, they come to them and say or your so stupid for being poor just give me your money I will invest it.......
-Bro I don't have money
-What why don't you have money
-BECAUSE I'M POOR
That’s not true. If you think you are poor please do this when you happen to have 100 just invest $1.00 if $10.00 is too much for you and will surely going to see the difference
I tried it and it works like magic. Remember the amount doesn’t matter.
@@simeonmoses4261 what did you invest in and how can I invest? How much time it take to get results? Is their a good chance of success??
Well being poor is a mentality. The rich don’t usually spend their own money, and often they borrow to invest too. There are many ways to get to a place of financial abundance, but there is one essential criteria-you have to be open minded and believe it’s possible. You must always look within yourself first.
everyone makes money. i got rich when i started doing this
I invest all my money in what i call as keeping myself alive
That is the first step, as long as the mindset is to invest first. Just be mindful you dont spend on things that wont help you grow.
That's probably what he meant
Invest in yourself .. Great point of reality🎉great comment
Yes, the economic reality is that the cost of living and raising a family leaves nothing over.
I love Jim but it's increasingly more expensive just to survive.
We're being done Worldwide 😮.
That's just spending. You should rather invest and starve!
I used to be poor then i listened to this man.. now im dead. Death by hunger.
😅😢
😂😂😂😂
You’re right he’s a …..
😅😅
😂😅😂😅😁🤣🤣
Rich people says "money don't brings you the happiness".
Poor people add ", but helps a lot".
🎯
Profound actually.... Kinda hot everyone in the comments seems to have totally missed what he said because of what they wanted to hear.... Sounds familiar
Bring poor doesn’t make you happy either
I think its reverse....
"Did you have breakfast?"
"n o ?"
"Excellent! Invest that money!"
"..."
Do like your sense of humour 😂
It's true investing first and spend wisely what's left, put your mind to it and it is a good investment in the future, big 💰 to enjoy, good comes to those who wait 👍
Haha nice one
😉😜🤣
You should fast then...
😂😂😂 starve untill ya stocks go up....
Spoken like a man who has never missed a meal in his whole life.
Because hes saying to invest your extra money instead of spending it aimlessly?
@@ChristEnlightenment See, there it is. "Extra Money." Some people don't have extra money. I'm sure they wish they did, but they don't.
Self management is the key. Minimum wage has been around forever, and somehow, immigrants move their way on up. Only excuse is you tie yourself up with bad habits in overspending. This government is literally here to cater to the citizens. Successful citizens, Successful Government, everyone wins.
@@samuelgora1 and when you or your family member get hit with a disease or injury?
@@samuelgora1thing is, people generalize too much. Everyone's predicament isn't the same. The sooner we all realize that better.
"poor people blah blah blah"
Sometimes, health is wealth. Sometimes, it's due to poor spending habits. Or it could be some other thing. Never generalize.
Ultimate truth: the secret of being rich is having a lot of money.
When owning a franchise, the secret to ending up with a small fortune is to start with a large fortune.
That's wealthy not rich
Yes indeed
Once I pay my rent, pay the bills, buy food, it is not much left.
that's not important. what's important is invest 1st then pay with what you have left. So invest £10 a month then pay your bills
Ya hear that!! Your rent bill is not important. Your bills they’re not important, food isn’t important shit I bet MrN1sar will say water isn’t important next
Pool your income then. Sacrifice some independence and live with other family members. The food and energy expenses of a bigger household are barely more than a smaller one, yet with a bigger household you have all those incomes coming in from everyone and only 1 rent, 1 heating is paid. Fewer cars are needed which can be shared. Only 1 person needs to lose time on cooking, instead of everyone if they lived separately. You have more brains, the saved money and time can be invested better, by opening/developing a family business. It is not easy to get along, but if you live alone or as 2, you are merely working to make money not to yourself but to the company, government, landlord, bill collectors, etc.
I feel you; take what little you have left and get skills and training just to make a little more to invest a little more in you. I moved away because my home town is now 2 million dollars a house and to get job they wanted college just to flip a burger at minimum wage. It’s like fresh water fish trying to swim in the ocean they can’t. Sometimes you need to leave town or the country because they don’t value what you have to offer. If your going backwards each month then you need to leave town and find where can make it and grow tell you can come back.
Try and find a cheaper place. Become a minimalist(not a consumer of any kind if possible) spend less on food if able. Invest every penny possible. Maybe get a higher paying job, maybe get two jobs even. Slave away for 20 years. THEN LIVE FREE. Instead of having to consume away your money and live poor for the rest of your life.
If you’ve got money left to invest, you’re not poor
Nonsense
Step 1: invest in rent, monthly payments and utilities
Step 2: spend what's left on putting food on the table
Amen❤
Step 3: invest remaining time and energy in petty arguments on TH-cam
If you have money to invest....you ain't poor.
We forget everyone has luxury,whatever it is.
It's these people who say to the hungry : If you don't have bread - why don't you just eat cake ?
The cope in the comments is real, stay poor if you are about excuses. I have applied this kind of advice long ago when I was really struggling and have since changed my life. And I also believe when one gets rich they shouldn't hang around poor people and listen to their boring excuses.
Even valid excuses aren't productive in the end.
Totally agree
Not true. You can start investing with $40
And let's totally ignore the cost of living.
Spend the costs of living. And unless all your money goes there which it shouldn’t? Instead of buying dumb pointless things spend it on something that might better improve your life
The cost of spending…you’re spending on material things you don’t need and spending too much time on entertaining and not enough on learning.
This was like 50 years ago. Cost of living wasn’t as much of a problem
@@jasonvoorhies6431 You know what happens when you assume, right?
@@quackerdoodle2274 Pointless things like groceries, gas, insurance, transportation, maintenance, utilities right?
This is the type of dude who tells homeless people to buy homes.
😂😂😂😂
😂😂😂
Jajajaja
Do you have a house?
If not you are homeless! Please buy a house!
the disconnect of people with money vs people living paycheck to paycheck is crazy. we have to stop calling it the middle class if we live paycheck to paycheck. this sucks
Fun fact: rich people usually have enough total money that don’t have to worry about silly things like rent, food or utilities
The comments and likes by some people in these comments shows that why 90% are poor and only 10% are rich. If you earn $100 every month and save up 10 dollars first to invest, you will definitely figure out how to survive with $90 in that month. But if you decide to use $90 first before saving that $10, Trust me, you will end up using all $100. The amount doesn't matter guys, it's the philosophy. Wake up!!!
@@henrywong7848if you think people earn 100€ a month then you have no idea what you're on about
He's really saying poor people think backwards 😂
So why do poor people pre order the new iphone 15?
@@Mareno33 middle class girls do that
If this guy was a doctor, he’d tell people the way to stay healthy, is to not get sick.
😂Agree!
Well, and that's about right. Most people choose to get sick aka eat and drink unhealthy, consume to much sugar and so on.
AHAHAHAAAAA!
Too bad you cannot get his message which is actually profound.
@@Pest87 Whoever thinks this brainless twopenny/halfpenny drivel is 'profound', I have a bunch of ladybird books for you that will most likely challenge you to the very core. 😂
If poor people invested their money, they would live in the dark without water.
Don't choose comfort if you poor
Except the rent; I only use 50 dollars per week, cook for myself and go to lab using the free bus
He literally said the amount doesn't matter. If your only mental image of investing is to invest so much you can't even afford bills then you are poor because of you
These pieces of advise work after you've had your big break. Before then, you focus on staying alive.
U r right sir
Even if you gave a man with a poor mentality obscene amounts of money, he'd be poor again eventually (if he doesn't kill himself in the process first).
@@tylerdurden3722What the fuck. Okay but where is the line? Where do you stop being poor, where is it just a "mentality"? The parents struggling to feed their kids on a daily basis living in a slum would it help to just cheer up?
Unfortunately I need to eat every day, I don't know why 😂😂
Advice not for you.
You may please continue your eating ever day
YES
You can fast. I have done only 6 meals a week for 3 years (outside xmas holliday), works well enough, saves money and is better for you.
@@UnknownRexdo you really think the answer to poverty is fasting?
@@takemyhand1988A solution? No. Does it help? yes. It is also good for your actual health.
"Gamble first THEN eat, scrubs."
Thank you for sharing your wisdom, truly inspiring...
going to college isnt a gamble? working a 9-5 isnt a gamble? no investing is also a gamble, getting in your car is a gamble. i think your mind is chalked bud, bc the message went completely over your head. maybe youre no longer alive,? gg .
@@raygrenade1697investing is categorically gambling.
I think we all know there are different levels of risk? You cannot make those comparisons with a straight face.@@raygrenade1697
Investing doesn't always require risk, just invest in a CD and earn passive income on interest. Whatever you can save up, you can earn 5.5% interest on it forever, and reinvest some portion of that interest. He's basically saying rich people are rich because compound interest exists and you aren't taking advantage of it.
Sit down look at what you spend, almost everyone spends money on crap they don't really need. FYI he isn't talking about like dirt poor, more like working class. If you prioritize investing and it doesn't have to be high risk over spending on wants your life long term will be less stressful and happier.
SHE RESTORED MY FINANCES
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
Whosoever tries this sureIy acquires wealth. Get to her
ELlZABETH GREEN HUNTS.
Poor people just get by: Look in the purse and see what bills could be paid and what could be bought to eat for the day.
Yes. These people have no idea what being poor means! I think he is talking about what keeps mid to upper middleclass people from breaking through. Poor people are POOR! They don't have money to invest. At the end of the month they may not have any food in the house! What are they going to invest? "Sorry Mr. Landlord! Can't pay my rent this month because I bought a few shares of GE! I'm sure you understand!"
@@alansach8437 Yes, I think it is meant for the middle class. Not when you try to survive. But to get to the middle class from the poor, it is still about the mindset.
Nonsense. Why do they always just have enough to get by?
Poor people blow their money on shit they don't need. Most poor people can't even handle sitting in quiet room alone for 5 minutes.
@@alansach8437in my place even the poor people try to save a dim and buy gold at the end of the year. You need to find a way to save money when you're poor.
He forgot to mention ' rich people will make sure the poor stays poor.'
Nah usually just the poor making themselves poorer
Rich people invest their money in ammunition and land expansion, there is nothing the poor people can do or produce that will make them rich - the ones who do try have their produce taken away from them as "tax or otherwise" and are made to fear, respect and bow down to the "authority"
The only way this world can be a better place is if rich parasites of the satanic cult become productive for once and live simply and stop spreading hate and confusion.
Education and religion is the only way out, truth is the only way out. Seek guidance from the All Knowing Almighty Creator whoever you believe in - Only He can protect you!
You're only talking about the ultra rich.
so true
that wealth is redistributed upwards
I will send this to my Landlord instead of the rent 💀
😂😂😂
Thats a good investment
Spoken like a rich person.
I think he speaks like a complete idiot not knowing the subject at all.
Spoken from a poor person who GOT RICH with this strategy you mean
So you identify as poor….interesting way to see yourself for the rest of your life 😂
@@jasonvoorhies6431 I identified myself as poor, I realized that debt is not the way forward. A mortgage is a scam designed to take people's houses every recession which by the way is statistically every 12 years. A mortgage is 35 years. The only way forward is to find a way to live for free, work remotely if you can and become a self professed engineer. Home batteries, solar panels, chickens!!!! Biogas and Rain filtration. People get hooked on the idea of living in a "Home". But you can't afford a home!! I'm sorry! But unless you earn £100k+ and can buy a 5 year mortgage after the inevitable crash. You can afford a caravan on a 1/2 acre land in the countryside, or a converted bus. Be realistic and capitalize on the time you're in. We're in feudalism and the desire for affirmation via cars and possessions is the reason we're all poor. The future rich will live for free because they understand they cannot control capitalism, only mitigate it.
That's the point...
You can't be that dull to think if one group of people have a certain philosophy while the others don't, that adopting the philosophy of the other group wouldn't push you towards it.
"It doesn't really matter how much"
~Rich man
Honestly it’s true,
if you are working atleast a 9-5, suffer for a couple of years and mostly buy cheaper things so you gain bigger leftover amount of money every month and invest that, every month you keep adding to these investment(s), while you might suffer you will very realistically have 600 a month to invest.
the money is gonna keep adding up so in 1 year you will have invested 7k and Lets say you dubble the money the first year with your investment(s) and tripple it the second year. Your first year you will have 12000 and the 2nd (12000+6000x3)you will have 54 000, you could then take 10k out.
Then step over to part-time work for the 3rd year 2days a week (40% of wat you used to)
You will have 2k a month this year if you earn 100 a day. And if your dubbeling your money the 3rd year with your investment(s) that’s 88k.
4th year you take 30k out and stop working. you dubbele your money again with investing and BAM you have 116k
And didn’t even have to work. 5th year you take out 30k and if you dubbel your investment again you have 172k just with your investments.repeat repeat.
If this continues you have 6,8 million after 10 years while living on 200k for the year. Ofcourse this will vary a bit depending on where you live. And yes my source is trust me bro.
How do u think he got rich
@@abbasnasir9615From the looks of his bio: pyramid schemes and bullshitting like this
@@abbasnasir9615by selling how to get rich 😅, you’ll never guess how many people get rich telling other people how to get rich. If you ever hear a rich person say invest remember 90 percent of the stock market is owned by 1 percent of people. We invest and they sell, we lose money and they make it.
I was poor, and I can say his philosophy works. Now I’m not poor.
So little Johnny listened to ths advice and invested almost all his money! But what was left wasn't enough for the food and shelter, so Johnny simply died... and didn't profit much from his investment.
Bruh
If little Johnny (and all his little friends) is stupid enough to think this is what JR meant, maybe he got what he deserved.
Does this guy even know any poor people?
Both,rich and poor people have the same ending...two meters underground
And then...rich people will be asked how they spent they wealth
Little Johnny deserves this. Much worse actually but yeah that's another difference between the rich and poor. You won't get any sympathy from me.
coincidentally none of these rich men have had to survive a month on a salary
You took the time to type and post this but wouldn't spend the same amount of time educating yourself about this man's background.
@@gaijinfishingWhat like 3 seconds? Also farmer background isn't even bad, farmers are considered being richer where I'm from
@@devious6947 That's a wonderful tidbit of information in regards to farmers near you, in this millennium. Congrats!
What’s really important is insider trading knowledge… ask our politicians. They’re subject matter experts
Nancy & Rue Paul Pelosi have always had insider trade secrets
I told my 19 year old girlfriend that this guy really knows what he’s talking about. And I haven’t seen her since…
Most likely she went because she couldn't invest in you because your not spending less money on her, user, the thing she didn't realize is investing gradually big💰in future years,
You gained bigger investment
💰and 🗽 Good job 👍
@@heykuckma nah, she was an East Coast, Boston girl…😅.
@@allancousins-fm6uj
I liked how kind you are, trying to make him feel better even though you don’t know him.
Good for you
Good for you, now you can invest more!
I'm poor but im thankful i don't have much and don't need much i have a little food on the table thank you lord ❤
Amen 🙏
❤❤❤❤
Respect
The Lord that you're thank wants you to have much.
"If they obey and serve Him, they shall spend their days in prosperity, and their years in pleasures" (Job 36:11).
“Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.
Matthew 6:19-21 ESV
But if we have food and clothing, with these we will be content. But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction.
1 Timothy 6:8-9 ESV
And he said to them, “Take care, and be on your guard against all covetousness, for one’s life does not consist in the abundance of his possessions.”
Luke 12:15 ESV
Jesus Christ our Lord was a poor carpenter and his disciples weren't rich on earth but in heaven. God provided what they needed on earth but the riches he wants us to have are heavenly.
This is why I love TH-cam. I started watching voice overs on deers and now getting life lessons that I wouldn’t normally get in my circles….
Is hard to invest more when there is nothing left after living.
It is hard but I can’t be done. Discipline, hard work, research and self development and you can make it.
@@deanfielding4411Correct it can't be done as you said.
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
How do I reach her….. or any way you wish to put it but for act for a way to reach her
It’s as easy as searching her name on google, she is a big shot in the market
It's not a philosophy of the poor, it's reality.
Poor people sees this video and invest their money, then goes bankrupt of investment failures
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
How do I reach her ….. or anyway you wish to put it but for act for a way to reach her
Simply Google her name, and you'll find that she holds a prominent position in the market.
Yes I believe, With the recent Bullish Indications I'm positive😊I found her webpage on the internet and have messaged her
Yooooo this is genius Lemme tell my landlord imma invest the rent money
😂😂😂😂😂
Your landlord is actually the one who invested first, and then spent the rest.
I mean, who is paying for his house.
You, right?
@@wintertimelol5480 ye and he and other landlords are just middle men between people like me and the banks. We're too poor so the bank doesn't want to deal with us directly. Even though we work to pay rent and support the entire economic structure, we are undesirable.
Your poor because the work you provide has low value. You don't support the economic structure. You're forced into it. They built the economic structure, and you decide whether to participate.
Nothing stops you from moving outside the US, setting up camp in fucking Croatia or Vietnam and living like a king.
Know how to do do online business? Know how to generate money for other people? If so, you can do that anywhere.
Why stay here?
Cuz you can't move. Cuz you don't have the knowledge to. And of course, you like the Uber and McDonalds and the Schools and the Jobs that this country has.
And anytime you do that, they control your thoughts and actions. Just something to think about. Food for thought. @@soulessnessD
Hahahaha
The philosophy is that i first pay my bills and spend what's maybe left 😂
Right. But the majority buy stuff on loan, buy expensive cloth, buy expensive phones instead of cheaper ones, buy expensive cars just to impress stranger or friends. THESE people he meant. Don't spend all the money for useless expensive crap and then take the leftover to invest a bit, do it the opposite way.
@@famaccount479if u buy expensive things then you aint poor. Middleclass people are not poor. This just shows how out of touch all of you defending this guy.
Jim Rohn is a true legend. Seasons off life
Robert Bosch, german Engineer Quote:
“I don’t pay my employee’s very well because I have a lot of money.
I have a lot of money, BECAUSE I pay my employee’s very well”
Unquote. That was his philosophy!
"Invest what's left" 😂😂😂😂
Lol
You are rich if you have family and good health.. atleast getting 3 times food in a day and even helping others too 🙏
Thats real satisfaction ❤
Rich people don't do that.
Statistics show that rich people give less to charities than the poor.
❤
Jim Rohn spitting pure gold facts.👌
That kind of philosophy almost made my friend file for bankruptcy.
Then he invest wrong, but it surely has nothing to do with the philosophy and the right mindset from this short.
Then he doesn't know how to budget.
@@famaccount479 BOT
It is clear that this man has never been poor in his life😂😂😂😂
@bikmeemee4474 Define world poor
If you search Wikipedia, you will see that this man WAS BORN POOR to the farmer's family.
I’ve been poor and he’s right.
Dumbass, this guy lived in a time where things were more affordable, and it was much harder to be stuck in poverty. We don’t live in good times right now, our economy is way worse than it was back then.
You clearly don't know this man
If everybody’s rich, nobody’s rich!
Well yes , everyone will eat,have a home and health care , we're all rich and the poor will have extra gadgets,simple.
TRUE TRUE❤
@@ericscaillet2232 not simple my man! If you give 1 billion dollars to every human being. Everyone is now a billionaire. But the problem is, the loaf of bread will now cost 10 million dollars. This is what I meant, if everyone gets a lot of money, the purchasing power of money goes down without which money is just piece of paper.
If you become rich not everybody will become rich so focus on yourself only stupid stop acting wise because you ain't
You really that gullible that was stupid what he said grow up
DESPITE THE ECONOMIC CRISIS,THISIS
STILL A GOOD TIME TO INVESTING IN STOCK
AND CRYPTO.
I really appreciate Expert Alisa Herbert fx
influence during this global pandemic
lock down.
you up
Bitcoin trading is the best when you are
on a profitable based platform.
I started with 7000usd then increased
to 13000usd after receiving my profit to.
That is true Ive been trading for years
and it has been my source of income.
@@JessicaSmith-qx2pnDon't remain poor out of ignorance
forex trading is lagit and it's pays.
“Pay yourself first” 👍
Rich dad poor dad i gotcya
🤑
pay urself my ass...!
First: Give your money to the rich
Second: Feed your family
Invest does not mean technically stocks. Invest time into improving yourself. Books, new skills, investing in a project or idea you have. Imagine saving up your money for a couple years, not spending your money for bs, like new phones or new tvs, then buying a small business, 50k. There are a lot of things investing means besides giving your money to the rich.
@utunum1799 you could invest in driving to my house in giving me a footjob, nerd‼️
You think like a poor person. A bitter one at that. Take off the mental chains buddy.
@@itstenebro Thank you! My son is sixteen years old and has $22,000 in the bank from working at a restaurant since he was 12. His example shoots holes in all the people here who play the victim and blame "the rich" for why they are always broke.
@@jimmoses6617you are right child labour is the escape we should make it mandatory.
Had books and CD collections of Jim Rohn. Big help in having the right philosophy in making decisions in every situations. RIP to Jim.
Where i can buy books of him
The startling question though; did it help you become rich?
I think he is an incredible person by nature who care to comment..that an effort to be made😅😅
😂
@@Neutral_beliefyou really want to read books of hil after watching this video lol ? If you dont think food and shelter comes First over investment you out of your mind
Me with $3 in my pocket be like 👁️👄👁️
I invested all the money I had in stock market and then I become poor 😂😂😂
Excellent point. Every prospectus says you can lose money.
The easiest way to have one million dollars is to invest two million in the stock market!
That's because you ignored the most important point: Risk management.
That's bcz of portfolio management. U should keep some money raw and some other form.
Good for you mate
I invest in rent, utilities , car payment and the occasional meal. 😂
Don't forget fake up, fake nails, fake hair, clothes, shoes, purses, jewelry MONTHLY. Letd also stop by and get Starbucks several times a week. Oooooooo, can't wait to go out to thr club with the girls! Wait, I don't have any going out clothes out of my hundreds of outfits!!
This guy thinks poor people are buying jewelry
@@cateatfood6634do you really think poor people have that kinda money? Also if you invest what you spent on nails and hair, the difference is almost nothing
Start biking
rich people is the poorest of the poor🙏🌎💙
"poor people invest" thats such a richmans thought
Rich people hire you for $1 so they can make $1M. They then criticize your spending habits: “Why did you buy food with the dollar instead of investing it like I did?” 😂
It’s funny and tragic at the same time.
💯
😂 but 😢true
The most impractical and goody goody advice i have listened in a while
The cope in the comments is real, stay poor if you are about excuses. I have applied this kind of advice long ago when I was really struggling and have since changed my life. And I also believe when one gets rich they shouldn't hang around poor people and listen to their boring excuses.
Even valid excuses aren't productive in the end.
@@Prof.Maxwell
Thank you for your valuable insights, professor.
You would be pleased to know that I am doing well in my life, Alhamdulillah.
@@AAZinvictoOk that's good.
Great advice. Next time I will invest my many and if anything left, I will spent it as a rent for an apartment.
And eating isn't necessary at all nor the medicines
Once your get through that first winter in the tent your assets will be producing income and you can in one year from first investment buy a property.
A simple concept that is really overlooked
Money is for humanity not humanity for money.
“Richness is not about how much one has, but how little one needs” - I forget who said it.
It has been said for generations, so true, I live by that principle and I am happy, I love inexpensive happiness
Rich people are very frugal I agree with you either way
you just said it! duh
All of this is straight up detached
@@keremdelialioglu2197yeah yt comments all day “the one who needs the least is the richest” philosophically you are probably correct. Pragmatically you broke af, likely due to wealth distribution
I'm going to invest in a bread tomorrow for my breakfast🤡
It's not about eating, you have to, also a roof over your head, clothes, etc. But what you do with the money beyond that, what is left. If you have no rest, you are poor anyway.
😂😂😂
May the Lord provide for you and shelter you and bless you with long life.
@@mikemagic2826what if there's nothing left after important bills?
People who use clown emojis are weak, blame others for their ills, and think the world "unfair" while playing the victim. It's so common.
When I was a young adult, I wanted to act on this philosophy but I was lucky if I could pay the basic household bills & needs. As I aged & progressed in my career, I was able to invest before spending as I knew what it felt like to be poor.
"Hi death, can I pick my money with me?"
"No"
The end
❤
Happiness is more important than money...
What’s most important that only few people on this earth have recognized is that life if too short enjoy it while you can
those drug addicts are not "only few"
@@codered4422 those that you just called drug addicts are actually smarter than this guy you could have all the money in the world it won’t buy you time and by the time you realize that it’s already too late ! Personal opinion.
Spending of any kind is an investment. You invest in survival when you buy food. You invest in comfort when you buy clothing and heating. You invest in your abilities when you pay for education. Etc.
Investing in someone else's investments is a luxury and a gamble, to put this forward as being a priority for those with little money to start with is frankly ridiculous.
Guess my son gets nothing to eat from now on
True … the poor need money right now, they can’t wait for investments to mature 20 years later!
You don't get it
@@monkmonk2133plus do elucidate how the poor can stay alive till their investments begin to yield fruit
Yea, invest, whatever is left is for the children and shelter, transportation lol. So invest $2000 and live in your car and eat twice a week lol
@@TRYCLOPS1Some poor don't even make 2K a month, their are families in this world that berly make 500$ a month
That's true. That's the definition of greed. The question is : who profits from greed? Your real value is your time and your soul. Don't sell out!
I doesnt bother me if most people don’t understand or believe what you say on that comment. Im happy that you do .proud of you . 👏🏻not easy! keep pushing ! Bless
The love for money...
Money is a tool, but it's not worth your soul. 🙏🏻
@bibia336 No Tool is worth our Soul. I see you, Brother. One Love
If this man pays for my food I can invest every single day. Rich people most of them don't understand us
I started off poor. I am now considered "wealthy" because of my net worth. It is a state of mind. Food in the U.S. is incredibly cheap relative to what we earn. Don't let anyone tell you differently. Poverty is a state of mind. Stop thinking like a poor person, a victim of "the rich". 95% of the millionaires in the U.S. did not start out as millionaires. I am one of them, one of millions actually.
@jimmoses6617 this is factually and measurably incorrect. Only 20% of millionaires became millionaires with a middle class or lower income.
More people have become millionaires by gambling, lottery, and betting than have become millionaires though business ventures as middle class.
@@Thattyguy_ You can believe that if you want, but it is not true. It is over 90%. Go for it!
@@Thattyguy_ "More people have become millionaires by gambling, lottery, and betting than have become millionaires though business ventures as middle class." You are high my friend. Totally high.
What's really important is that your rich first
True. With the assumption that people have enough to get by for their expenses, which, many do not.
The idea is to scrutinized your expenses. Investment also doesn't have to be strictly monetary. Ex: invest in networking, Invest in your kids, invest in your education etc. Of course you have to weight the short and long term reward (delayed gratification)
90% of people lose their money investing.. So.. Don't do it, unless you're an Expert 🇺🇸
SP500 is up 28x in the past 40 years.
@@RMF49 Most missed the right moment
it's because 90% of uneducated/emotional people in financial markets wanna get rich overnight which is impossible . investing and trading is not for kids.
@@patvang4369it will never be the right moment
This concept is what actually got us out from the great depression. I really hope that there's someone clever enough out there that just understands what this man is trying to say. "No matter what the amount is" he says. Nobody said to not pay bills, food or rent. You invest 1 bloody dollar when you get your paycheck and then proceed to think of your expenses. The main goal is to change the first thing on which your brain focuses when you receive your paycheck. The philosophy itself it's all that matters, changing the direction your attention goes in. One month you invest 1$, another maybe 5$. Then something changes in time, sometimes it grows and you can reinvest without risking to not pay your rent or bills. So automatically you're having more money from your investments (if you have patience and perseverance). This Madame and Monsieur is one of the best ways to reprogram your brain to be successful. I'm not saying you'll be all billionaires, but for sure you'll be able to provide for your families and be more than comfortable.
As a poor person I invest most of my money on keeping the roof over my head and the refrigerator running. Then I spend what is left on gas,food and 🍺
BOT
Real truth.
Most poor people don't have any money to invest anything. We buy food, if we can, we pay rent if we are ever able to get a home, we pay our bills and buy warm clothes. If we can.
Staying alive, reducing our pain of hunger. THAT is our only investment we can try for.
Now i only have to learn the philosophy of recognizing good investments
+1
One of the most common problem on that area is that most of the investment opportunities are provided by them. (Most)
I do invest in the stock market. I’m no Warren Buffet, admittedly. But my stocks aren’t generating jackschit for the most part. He needs to do a part 2 video where he tells us where to invest…
@@Ez-kt5vr
Thank you ❤
Keep going, success
No one knows what stock to buy. Some just get lucky and act like they know. Just invest in SP500 ETF. It’s broad and “safe” (no stock is guaranteed to not drop but it won’t go broke). It’s gone up 28x in 40 years. Set it and forget it. Forget trying to time the market or panic sell.
I really needed this video.
I invested first , now what's left isn't enough to pay the rent.
Should I share this video to the landlord?
If you’re rent is your entire weekly paycheck you’re living beyond your means, you can get food cheap if you know the right things and you’ll have enough for rent if you driving your monthly rent by the amount of weeks in a month and set that money to the side each paycheck and you’ll have left over money you can use to make more money
If you were to put 320 monthly in a savings account with a 5% interest rate every month from when you started working to when you retire you’ll retire with ≈600k cash i have been poor my whole life and worked out of it study finances and it gets easy
@@KingOfKlubs1Tell me you’ve never been broke without telling you’ve never been broke. Most jobs don’t even pay the bills. Companies and the government expect you to work endlessly to make barely make ends meet. Rent, mortgage, utilities, groceries gas and other goods are ridiculous and you have the audacity to tell us we’re living outside of our means? People like you have absolutely no clue about the real world.
Wtf😂
Funny enough my father had this philosophy.
Save up money for this. Interest rate is great. ButbI save up amount x already this is impossible.
Son you should eat less( me who lives on potatoes, Rice and eggs)
Your tryna be funny but the joke is on you
Money can't buy happiness, but with money you can buy things that makes you happy 😄
This is just what the rich say to the poor to get all their money. They don’t lose money- you do!
This mindset is the reason why you are poor forever.
Better is crying in Bentley than in bus 😂
Nah on bus we can cry together 😂😂
@@shortmaster101 You've got an open invitation. My bus will wait for you🙌
Thank You God
My life changed when I realized that no one was coming to save me. If you take your life seriously you will see a lot of improvement. I made the decision to start cryptocurrencies earlier last year at 38, just 1 year plus a few months since I started, I have grown my portfolio to over 100k, I know this isn't much but it wasn't easy to inspire myself. I really thank God for my journey so far and also connecting me with the right people.
What's the best way to kick things off? And how long until the lnvestment starts bringing in profits?
It doesn't matter how long you wait, in this markêt opportunities must come. Invest for the long haul. It's important to make informed choices rather than relying on luck or impulse. it's best to partnēr with an advisor.
I hope you don't mind recommending your advisor since you mentioned something like that.
Being humble and happy with what you have is worth more than money. I don’t need money to make me happy.And that’s not what you call poor.
What if you have children.....and rent. Some people on the margins live in justifiable fear.
@@seanm729 I took chances on not having children that was my greatest fear was having kids and bringing them to my nightmare, knowing there’s no future for them not unless you are from some alien blood line or you sell them off to some evil industry, and I would be dammed if I would want them to be programmed by this evil government. God bless our children
@@DONBONkk you are right about that. I work pay check to paycheck just to pay my bills and everything that comes with staying alive. It’s sucks but what can I do, not a dam thing but deal with it and take it day by day.”dam I love my life 🤬”
Rich people usually don’t know they are the ones who are poor.
💛🦁🍀⚖️💬🐑 Exactly 💯💪 rich in money makes it hard to believe that God provides for them and they fall away go feed on whatever....777 Amen see it happens a lot ....they forget who gets the say they gave it to them and what they was told about how money turns the hearts away from what really matters
This guy was rich?! Invest your time to be happy.. that's it! In the end... nothing else matters ❤
I agree..
I followed his principle and in 1 year my family was so rich, just take out an insurance before you follow this method so that ultimately your family can be rich when you die of starvation
I love it when they advise not having been poor ever, easy to talk when you haven't walked in the same shoes
It's literally one google search away.
"Emanuel James "Jim" Rohn was born in Yakima, Washington, to Emmanuel and Clara Rohn. The Rohns owned and worked a farm in Caldwell, Idaho, where Jim grew up as an only child. He was born to a poor family, became a millionaire at age 30, and went broke when he was 33. He later became a millionaire again.[1] Rohn left college after one year.[2]"
So not only did he start poor, he got wiped out and succeeded a second time.
He speaks the truth. The truth hurts.
@@gaijinfishing What these people fail to realize is that this is a mindset shift not some cash flow of your personal life evaluation.
Mindset truly is everything. It's similar to the idea of fake it until you make it. But in this sense it's shifting from I have only $5 to invest to I'm going to invest that $5 first and then I'll figure the rest out.
@@gaijinfishingyou just said his family owned a farm. Poor people don't own property........ he absolutely was not born poor.
@@gratefulila9980 I didn't say anything. I simply quoted his bio. But yes, it is absolutely possible to own a farm and be poor.
Thank you for the advice. Next time I'll buy gold with all my salary and eat it.
this dude has never been poor in his life
That is very far from the truth. Jim Rohn was born very poor, became a millionaire, lost it all, and became a millionaire again before the age of 25.
@@Shootthewaffle2yes well now a days even people making 60-70k a year still struggle because of inflation. In today's life only the rich are comfortable.
@@GODISALIVE..lol I'll guess you don't know the root cause of inflation.. but I bet you loved it and supported it when it happened 😮
@@ralphalf5897 the root cause of inflation is greed think about it with the electric cars gas shouldn't be at an all time high still. Yet gas companies are still charging absurd prices even though at least a 1/4 of the people are using electric cars. Food honestly if it's in the USA no reason to even hike the prices here. Or what about the medical industry why should we be paying 1,000 for an ambulance ride ? Or 500 for insulin. But if you want a different answer supply and demand.
@@GODISALIVE.. nope.
Eye opening. I believe Jim is referencing the philosophy of investing in yourself, hint him saying "it really doesn't matter about the amount, it matters about the philosophy." I've worked three jobs at a time and still had time to do other things that made me happy. But, instead of using my time for happiness, I could be investing that time in a trade/skill/education to better myself. Even if I didn't do half of that, but ensured I networked myself outside of my comfort zone. I'd be better off than complaining about what others have/ have not.
Always pay yourself (save) something every pay check. DON'T touch it until you retire.
😂😂😂😂😂 u so funny im live in california the minimun wage is $2480 a month less 10 in tax and average rent is $1800 plus bills for one bed apartment try to survive and save money with that get out of your bubble and u will understand why in united states we have so much violence, hombles and robbers many cities is impossible to survive with dignity evenif u work 40 hr a week
Well.... You can save something real, like gold. But with fiat money - saving is the thing of the past
math is not your strong side isn't it?
Lets take the average for example, 2480 - 1800 is 680 after rent, lets add least 100 of electricity and the necessary 50-150 a month for gas or public transports we don't know op uses so lets take the medium that would be around 75 so now he is left with $505 for food. There you go, op has $16,290 to spend on 31 day month 16.6 on 30 day month and the whapping 18,0 on 28 day month.
I am sure that all your crypto no fiat nonsense would probably work for the average millionaire that wants to put his money in something. But for OP that struggles to buy potatoes for home, i doubt any of that bullshit makes any sense at all.
Till this day, i am to see a man that actually works for his money to believe in fairy tails. But scammers they preach that fiat bullshit as if their life depend on it, oh wait...snap it actually does. @@Proezdom-zx2tl
Math enters the chat
Hunger and bills left the chat
HahahahahH
Both rich and poor can adopt a philosophy based on money. Both rich and poor can reject it.
Trye
@@deanfielding4411 ?
I am immensely thankful to Bianca Faye Lindsey for her mentorship, witnessing significant daily advancements in my portfolio since our collaboration began, Truly Grateful
How do I reach her ….. or any way you wish to put it but for act for a way to reach her
It’s as easy as searching her name on google , she is a big shot in the market
Ah yes, just invest your money first and live off of nothing until it grows disproportionately to inflation!!!! Top tips right here guys!!
Being poor is not a mindset it’s called being exploited. Being rich is not a mindset it’s called exploiting.
Technically he is saying poor people should focus on investments rather than worrying about food and shelter. GOT IT
Yeah and their kids crying I AM HUNGRY
Very practical , when I listened to this years ago I was only a student and after my budget had like $30 left , I saved/invested that first before paying any bills and rent on the same day I got paid. The habit of doing this build a philosophy that has stuck, even now that I have a graduate job with 15 years and counting in my professional job. It doesn’t matter how much it was the habituation and discipline I knew I first had to build. If you can’t save $5 of pay-check, we’ll how will you save 10% of a million - harder
How is that even a question? It’s a million. Minimum wage barely covers rent and bills.
As i can see there is many different reactions on this advice :) as he once said :) . I dont force someone to believe his advices but what i can tell you, i follow his advices, and year by year i can see the difference in my life and i recommend you to follow him as well. You will become financially independent and happy person :)
I agree. Not that I am rich myself at the moment... But I can clearly see the difference between the poor and rich mindset.
I experienced times when I did not have money for food... And then I DECIDED that this would never happen to me again.
I used to wash homeowners windows in my 20’s working for myself with a buddy. Of course we went to rich neighborhoods. Talked to clients here and there, wives of CEO’s and such.
What I noticed: On average rich people waste less money than poor people relative to their incomes.
@@RMF49 Rich people are typically much more intentional with what they do. Particularly the ones who didn't inherit it.
For the ones who don't understand, he's saying, use your investment wisely and invest well. Then your food and rations will follow. Great philosophy, thanks jim
The problem here, is that to invest with any noticeable impact, you need to have a lot of spare money. And if your money is completly consumed by your basic life expenses, what are you going to invest? Good luck investing 10$ a month.
Poor people sometimes don't have money to buy food, how can they spend money investing? Many people outside US or Europe don't even have the opportunity to get access to the stock market
exactly if you have any money to invest your probably not poor
That's actually incredible advice. You should of course eat and find shelter, but invest your money before you buy a lotto or some bbq or whatever.
When you make just enough to survive you can't invent shit
And as usual, Mr Rohn was dead nuts on this one too!