15 Lessons Rich Parents Teach Their Kids That The Poor Don’t

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  • เผยแพร่เมื่อ 13 ม.ค. 2025

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  • @gardnertradinghouse6390
    @gardnertradinghouse6390 2 ปีที่แล้ว +763

    *Every family has a person who breaks the chain of poverty. I hope you will be that person!!*

    • @gardnertradinghouse6390
      @gardnertradinghouse6390 2 ปีที่แล้ว +5

      Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

    • @marvlimann9275
      @marvlimann9275 2 ปีที่แล้ว +2

      Hello

    • @marvlimann9275
      @marvlimann9275 2 ปีที่แล้ว +4

      @@gardnertradinghouse6390 How could you walk me through , im new to trading..How did u did it?

    • @barryhart2303
      @barryhart2303 2 ปีที่แล้ว +1

      Trading with an expert is the best strategies for newbies and busy investors who have little or no time to monitor trade.

    • @barryhart2303
      @barryhart2303 2 ปีที่แล้ว +3

      Every financial goal requires patience, dedication and consistent spirit knowing that trading is currently the most lucrative business in the world

  • @wendyrobert6847
    @wendyrobert6847 6 ปีที่แล้ว +295

    My (very poor, but intelligent) mother had a few, but consistent requirements:
    1. Stand up straight (good posture)
    2. Deep profound love,not just for reading, but for the expressions of a great and growing vocabulary. She loved both reading AND the power of words.
    3. To speak clearly, precisely and politely - while looking the person (or audience) in the eye.
    I was often chosen for jobs over people who had college degrees. I was simply good at sales....i.e. selling myself. I must also add, caring about other people and a profound love for new experiences, culture & point of view brings great dividends. I am more interested in expanding my view than getting my own way. Lastly, I am impeccably moral. People can feel this energy in me, and trust me because of it. This also opens doors! I am a positive, happy person. Just SMILE more often, and see how much more life smiles back!!

    • @Inkdraft
      @Inkdraft 6 ปีที่แล้ว +23

      Wendy Robert: I think we must be sisters: your mom sounds just like my mom. Integrity was number one with my mom: never, ever lie. She never lied to us. She would say, "I am not discussing that with you right now." But she never lied. Stealing was an atrocity to my mother. She marched me back into a grocery store when I was four and made me go to the manager and give back the candy bar I took. I can still see that like it was yesterday. She would crack your head if you ever made a racist remark (my brother tried it once, and only once). She was the most generous person I knew and the smartest woman I've ever known and she only had an eighth grade education because she had to go to work to help the family.

    • @asmartbajan
      @asmartbajan 6 ปีที่แล้ว +5

      In some cultures, looking people directly in the eye is considered disrespectful. I kid you not.

    • @pkkim9384
      @pkkim9384 6 ปีที่แล้ว +3

      Wayne Phillips I concur. But as an American, it’s okay :)

    • @Douken
      @Douken 6 ปีที่แล้ว +3

      I can really relate to this. It does really take you long ways and fast. It opens you doors anywhere you go. Truly an advantage. I sometimes go to places where I have either the same knowledge and experience as people 20-25 years older than me. Listening and being of service and having the right attitude and all the things you and her mentioned has really put me ahead in life.

    • @Unstoppable-oc5db
      @Unstoppable-oc5db 6 ปีที่แล้ว +1

      By rich its a rich mindset vs a poor not in finaces

  • @brandonwilliams532
    @brandonwilliams532 6 ปีที่แล้ว +2548

    1. Understanding how money works
    2. The difference between an asset and a liability
    3. They’re not entitled to anything
    4. How to be sociable and connect with other people
    5. Stop expecting immediate results and avoid magical thinking
    6. How to create daily habits that on the long run, give them incredible advantages
    7. Money is a tool and a good thing
    8. Increase income instead of lowering expenses
    9. Knowledge is more valuable than money on the long run
    10. Don’t work for money, have it work for you
    11. Solving problems is the quickest way to get rich
    12. Don’t waste time on things that correlate to the real world
    13. How to use good debt instead of bad debt
    14. 80% of results come from 20% of effort
    15. Having money does not make you a better person, it just solves some of the problems

    • @ExtremeShockWiz
      @ExtremeShockWiz 6 ปีที่แล้ว +49

      16) raise expectations

    • @MrHav1k
      @MrHav1k 6 ปีที่แล้ว +25

      The real MVP!!

    • @BlessedVivi
      @BlessedVivi 6 ปีที่แล้ว +12

      Thank youuu

    • @Raven-fl4eg
      @Raven-fl4eg 6 ปีที่แล้ว +14

      This reminds of The Millionaire Next Door.

    • @gabriellaflemings1589
      @gabriellaflemings1589 6 ปีที่แล้ว +10

      Brandon Williams thank you

  • @dulcerocio4763
    @dulcerocio4763 2 ปีที่แล้ว +223

    When you stop learning , you get left behind . Never stop educating yourself

    • @dulcerocio4763
      @dulcerocio4763 2 ปีที่แล้ว +6

      I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

    • @stephenpalmer8982
      @stephenpalmer8982 2 ปีที่แล้ว +1

      @@dulcerocio4763 Yeah! every $1 you invest today is a little bit of time that you buy back in the future, the more you invest, the more free time you can afford in the future, having time and the freedom to choose what to do are the ultimate investing goals.

    • @stevendiaz9672
      @stevendiaz9672 2 ปีที่แล้ว

      @@dulcerocio4763 True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.

    • @stevendiaz9672
      @stevendiaz9672 2 ปีที่แล้ว +1

      The pandemic came and taught me the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra- income earning chance, like bitcoin, stocks bonds real estate .

    • @wanglei7182
      @wanglei7182 2 ปีที่แล้ว

      @@stevendiaz9672 What actually the idea behind this bitcoin investment,I have been watching some videos and I was thinking about investing in bitcoin , but still don't know where to start from

  • @yeehaw69
    @yeehaw69 5 ปีที่แล้ว +182

    My parent taught me from an early age to be nicer and more sociable, I was well liked by the teachers and my peer's parents too. But for some reason I was despised by my peers. I was bullied a few years back, and now I've turned them into friends, after I stood up to them. One of them recently came up to me and said that they bullied me because I made no effort to fit in. I would not put up with their B.S and that's what caused them to bully me further. They've come a long way and have matured now, stopped with their bullying. My parents taught me to be nice but not to tolerate humiliation. No one will respect you if you don't respect yourself. This has helped me tremendously, but you might end up VERY lonely as a result. People will typically see you as a threat instead of rivals once you start to out-perform them. But you still have to take the RISK.

    • @nat7535
      @nat7535 4 ปีที่แล้ว +4

      Excellent. Something I try to instill in my own children

    • @robinbrown7696
      @robinbrown7696 4 ปีที่แล้ว +5

      My Dad always told me "hard workers get rewards"

    • @ela4796
      @ela4796 3 ปีที่แล้ว +7

      I had the same experience. Thank you for sharing.

    • @fabianmitrache5799
      @fabianmitrache5799 2 ปีที่แล้ว +1

      @@robinbrown7696 work hard and work smart 😍😍

    • @pegwiles5527
      @pegwiles5527 2 ปีที่แล้ว +1

      Very well put. Folks w/out parenting have to teach themselves. Self-respect & integrity are the cornerstones of that effort but our self-esteem has usually been injured.
      You sound like you are on your way to great things. Personal peace is a great thing, too & knowledge is its aide.
      If I can't be wealthy, let me be happy. Yee-haw🙆🏼‍♀️

  • @savagesalvage9449
    @savagesalvage9449 6 ปีที่แล้ว +190

    My adoptive parents were very old school. They adopted me, taking on the risk and financial responsibility of a 4th child, before I was 1. That after all my older brothers were teenagers and they might have seen an end in sight. I got lucky. They were loving and awesome parents, but they never taught me anything practical, mostly bought me video games and told me to go play. What I learned subconsciously watching my parents included a strong work ethic from my dad who worked 12 hours a day 6 days a week as a professional electrician (in his later years), making enough to hold the family up for 40 years. From my mother, I learned compassion and empathy, what it is to keep a home going and how to effectively entertain a house full of kids, as she worked as a babysitter for a while. From their relationship, I learned what a healthy relationship with mutual respect looks like. A lot of kids don't get that opportunity

  • @shubhamkumarsingh2700
    @shubhamkumarsingh2700 6 ปีที่แล้ว +613

    My father taught me if you save money today money will save you tomorrow

    • @mr.robot.684
      @mr.robot.684 5 ปีที่แล้ว +4

      So you mean to say that your father is rich!
      Just joking 😜

    • @shujanaveed8343
      @shujanaveed8343 5 ปีที่แล้ว +10

      You also have to invest if you want to be rich

    • @acornsucks2111
      @acornsucks2111 5 ปีที่แล้ว +3

      A dollar in your pocket is your best friend.

    • @primodernious
      @primodernious 4 ปีที่แล้ว +11

      that is poor mans thinking. saving money is bullshit. i know sobody that that saved money the last 10 years before he got a retired and he end up loosing it all on his poor family always in need for money and have to little money. saving money is just for stupid people. you nedd to invest your money, not saving it.

    • @omarfarique6304
      @omarfarique6304 4 ปีที่แล้ว +3

      @@earlaweese
      Dude that is very disrespectful of you.

  • @t-fuelernienotoriousmisfit7449
    @t-fuelernienotoriousmisfit7449 3 ปีที่แล้ว +128

    My parents taught me "if you have something of value you'll always be wanted and needed"

    • @heatherheadley1704
      @heatherheadley1704 3 ปีที่แล้ว +8

      Solve problems and get paid for it.

    • @davisholman8149
      @davisholman8149 2 ปีที่แล้ว +1

      SALES - if you have enough inner strength - learn to sell stuff. Never take ‘no’ personally. If you can sell - you can make ALOT of money. It is a gift - focus on what the other person needs & you will be successful.😎✌🏽🇺🇸

  • @denisemcwhorter179
    @denisemcwhorter179 6 ปีที่แล้ว +96

    My mom taught me that no one owes me anything. With that I got off my butt and went to work on myself and my career. RISK is opportunity!

    • @rrpearsall
      @rrpearsall 5 ปีที่แล้ว

      Not true.. Your parents owed you food, clothing, shelter, and protection until your are 18 years of age.. I'm so thankful you got off your very, very, big butt ;) to provide food, shelter..etc.. Maybe your baby will be a comedian some day or get slapped some day if the same thing happens to a random stranger. lol

    • @sharpshooter188
      @sharpshooter188 5 ปีที่แล้ว +4

      No one owes you anything. Until you make them via contracts. lol

    • @LongAwaitedBaby
      @LongAwaitedBaby 5 ปีที่แล้ว +3

      I find that some poor people feel that rich people owe it to them. If you are from a rich family, some poor people feel that they can borrow things from you without returning them. They do not see why they should return you your things just because you are from a rich family. Some poor people will hang around you just to get free food. They do not see a need to chip in.

    • @eksdeeee4113
      @eksdeeee4113 5 ปีที่แล้ว

      @@rrpearsall are you high?

    • @rrpearsall
      @rrpearsall 5 ปีที่แล้ว +1

      @@eksdeeee4113 not now unfortunately

  • @keonagaines7888
    @keonagaines7888 6 ปีที่แล้ว +825

    My parents taught me to never *risk* your integrity. Bad company corrupts good character.

    • @Pimpishone
      @Pimpishone 6 ปีที่แล้ว +8

      True statement

    • @hewhoshallnotbenamed5633
      @hewhoshallnotbenamed5633 6 ปีที่แล้ว +5

      So true!

    • @snowballjennjenn2825
      @snowballjennjenn2825 6 ปีที่แล้ว +36

      true...reminds me of a Benjamin Franklin Quote, " if you think education is expensive, try ignorance." you must surround yourself with good people and people with the same mission, one must never underestimate the power of teamwork.

    • @keneshajohn867
      @keneshajohn867 6 ปีที่แล้ว +5

      Facts

    • @moffatsoko9567
      @moffatsoko9567 6 ปีที่แล้ว +5

      Thumbs up

  • @seano25
    @seano25 6 ปีที่แล้ว +261

    I am now an engineer because of this channel. Thanks a lot. I am always motivated to achieve my goals.
    RISK!

    • @alux
      @alux  6 ปีที่แล้ว +18

      Happy to help!!

    • @jessbragg1
      @jessbragg1 6 ปีที่แล้ว

      so,if this channel has been around since 2013, and NOW you're an engineer, and it takes 4 years to graduate, that means alux was changing lives within it's FIRST year! not bad!

    • @seano25
      @seano25 6 ปีที่แล้ว +2

      @@jessbragg1 I start watching in 2016.

    • @ramesesleviel5513
      @ramesesleviel5513 6 ปีที่แล้ว +2

      salute bro

    • @keyurmulrajani2221
      @keyurmulrajani2221 6 ปีที่แล้ว

      Louise Louise ✌

  • @armandotorres3107
    @armandotorres3107 4 ปีที่แล้ว +51

    Honestly my parents never taugth me any of these valuable advices; but is always nice and good that such good people out there transmit these kind of wisdom so we can take advantage and get educated in terms of financial and life education.Thank you Alux for transmiting these wonderful videos and let ignorant people like me to absorb as much as i can this kind of wisdom.

  • @alux
    @alux  6 ปีที่แล้ว +91

    Hello Aluxers! What lesson did your parents teach you that served you well in life?
    What do you want to see in the Sunday Motivation Video next week?
    15 Mistakes People Make When They're Young: th-cam.com/video/K5tI2-si0JY/w-d-xo.html

    • @mikestein3852
      @mikestein3852 6 ปีที่แล้ว +3

      Alux.com
      I was very fortunate, I had a very successful mother, father & stepfather. Believing that I could be anything I wanted & giving me the education to get it! The top three demographics for success in the U.S. do more of this.
      Hindu, Jews & Asians. The truth is every parent no matter what there background is should.

    • @abhaysharma9317
      @abhaysharma9317 6 ปีที่แล้ว +2

      The persons that you think are most likely to become the first trillionaire of the world.

    • @mikestein3852
      @mikestein3852 6 ปีที่แล้ว

      Abhay Sharma
      Who? Is that even possible?

    • @rakeshraveendra7411
      @rakeshraveendra7411 6 ปีที่แล้ว +3

      Alux.com RISK ! I'm risking everything to achieve my goal ! Rather than making expectations I'd be making people expect more from me, then I would be having no other choice than to succeed in achieving my goal!!
      Hey alux, I'm your biggest fan, how about you make a video on investment ?

    • @polilla702
      @polilla702 6 ปีที่แล้ว +4

      A good video could be "what *risks* do rich people take".

  • @vanessanellyn
    @vanessanellyn 5 ปีที่แล้ว +277

    Since I was young, my parents taught me to graduate and work in order to generate capital, then take some RISK and generate a money-making business. They also told me that when I'm at the top, I must never forget God and be grateful for all the circumstances that made me who I am today.

    • @Primalkadias
      @Primalkadias 4 ปีที่แล้ว +2

      same

    • @soulchampion3027
      @soulchampion3027 4 ปีที่แล้ว +1

      You get my Like for a statement well said and for adding "RISK" to your comment.👍👍

    • @ruthblackcat
      @ruthblackcat 4 ปีที่แล้ว

      you must be a millionaire by now right?

    • @jamesneil2486
      @jamesneil2486 3 ปีที่แล้ว +2

      God is just fiction .....WAKE UP .......

    • @BenjimenAnderson
      @BenjimenAnderson 3 ปีที่แล้ว +21

      @@jamesneil2486 I used to not believe in God. But after studying biology and chemistry I doubted how all this could have happened by accident. I takes much intelligence to understand the cell and dna molecule. We are just discovering things that were already here. Also everything is made from atoms and we can't destroy or create and are basically eternal. God made the atoms then put them together intelligently to make all we see. He also made our brains and gave us freewill and intelligence to live life. It is wonderful that He is so good and patient with us. Hopefully you will realize these things as you go through life and God will be patient with you on your journey because He loves you so much.

  • @Speckz513
    @Speckz513 6 ปีที่แล้ว +139

    People get mad at rich and successful people but not mad at their family not setting them up for success.

    • @Tiffanysmith339
      @Tiffanysmith339 6 ปีที่แล้ว +4

      Some people had to climb hurdles..cross traps...to get to where to r...fail numerous times,get rejected 30 times..

    • @Speckz513
      @Speckz513 6 ปีที่แล้ว +2

      @@Tiffanysmith339 What you mentioned has nothing to do with what I said.

    • @TheInceptum
      @TheInceptum 6 ปีที่แล้ว +3

      You set yourself up for success not your family. It comes down to YOU.

    • @Speckz513
      @Speckz513 6 ปีที่แล้ว +10

      @@TheInceptum That's right but if someone started off with parents who are already successful and thriving, it will rub off in them more than likely (without the kid becoming entitled, spoiled or incompetent).

    • @Mystique8urballs
      @Mystique8urballs 6 ปีที่แล้ว +1

      So true. It would kill my parents just to give me wealth advice. Well fuck them their loss.

  • @osbornesophia5413
    @osbornesophia5413 2 ปีที่แล้ว +220

    *To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*

    • @osbornesophia5413
      @osbornesophia5413 2 ปีที่แล้ว

      @Hernandez Torres Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

    • @osbornesophia5413
      @osbornesophia5413 2 ปีที่แล้ว

      @Hernandez Torres I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

    • @alicemuller9386
      @alicemuller9386 2 ปีที่แล้ว

      Great! I like where your heads at. Really find it helpful to see people share their different ideas here, many people out there don't have opportunities to access such useful information.

  • @Sun-Warrior1911
    @Sun-Warrior1911 6 ปีที่แล้ว +823

    Well, I don’t have the rich parents but at least I’ve got ALUX to TEACH ME!!!

    • @alux
      @alux  6 ปีที่แล้ว +98

      We got you!

    • @nithishkumarc8820
      @nithishkumarc8820 6 ปีที่แล้ว +8

      Same that we all get

    • @waelfaraj6705
      @waelfaraj6705 6 ปีที่แล้ว +3

      @Amazing Ranker
      Gain experience and research about the business you feel and think you love to get information about ...
      You get training somewhere in the field to see it lively in everyday life and how things work . If things resonate with your life purpose and you enjoy doing , you get inspired to take action and develop ...

    • @prema172
      @prema172 6 ปีที่แล้ว +4

      @Amazing Ranker You must envision your dream perfectly and work to match your vision. U must bring the future to present. Work less and take mini retirements. Start your actions from now.

    • @julioexposito1217
      @julioexposito1217 6 ปีที่แล้ว

      👌

  • @jewelandfriends
    @jewelandfriends 6 ปีที่แล้ว +105

    I'm a single mom just starting my own business. Due to busy schedule I don't have much time to make friends. I consider Alux as one of my true friend. Thanks Alux for always inspiring me.

    • @tazzybear6434
      @tazzybear6434 6 ปีที่แล้ว +1

      I'll love to be your friend..!

    • @sylviacorbin1831
      @sylviacorbin1831 6 ปีที่แล้ว

      jewel and friends wat is your business called

    • @jewelandfriends
      @jewelandfriends 6 ปีที่แล้ว +2

      @@sylviacorbin1831 Luxurious Designs on Facebook and at the moment we got 2 physical store. I'm so inspired by Alux so I named it after this channel 😏😇

    • @jewelandfriends
      @jewelandfriends 6 ปีที่แล้ว +1

      @@tazzybear6434 Thanks 😇

    • @rosej5029
      @rosej5029 6 ปีที่แล้ว

      Are you establishing and maintaining your relationships with the people you do business with?

  • @keithzinhagel4778
    @keithzinhagel4778 6 ปีที่แล้ว +338

    I will become a milionaire before I turn 40..........I am 26 currently living in a third world country called Suriname! I will hustle I will make it I will Risk it!

    • @shannonkendrick2561
      @shannonkendrick2561 6 ปีที่แล้ว +8

      See you there💰

    • @00remash91
      @00remash91 6 ปีที่แล้ว +2

      Good luck

    • @thanos2399
      @thanos2399 6 ปีที่แล้ว +7

      Keith Zinhagel
      Commenting to see progress in the next 20 years...
      Good luck and be well!

    • @gibransaliba8801
      @gibransaliba8801 6 ปีที่แล้ว +3

      Keith Zinhagel believe and you can achieve

    • @tenayasimpson6180
      @tenayasimpson6180 6 ปีที่แล้ว +9

      Keith Zinhagel Suriname has a revolutionary history! Your ancestors are revolutionaries! I have always wanted to visit this land and breathe the air and bask in the glow of a people who stood up and fought for their freedom. You are free to choose the life you desire. Stick close to your heritage!

  • @jjones7837
    @jjones7837 3 ปีที่แล้ว +43

    My Father used to skip school and go to the Library. He said, "They have the same books."
    He taught me how to acquire knowledge and apply it.
    My mother taught me how to be Graceful and Compassionate
    and that helping others is the Hallmark of Angels.

    • @themanifestingoddess1035
      @themanifestingoddess1035 2 ปีที่แล้ว +4

      Bless them 🤍

    • @Andrewsgirl-xs5dm
      @Andrewsgirl-xs5dm 2 ปีที่แล้ว +1

      Well then you had amazing parents. I never had anybody teach me the right way to do things, so life has been very difficult for me. I'm trying to change things for the better, but it's hard because I have nobody in my life who is willing or able to help me in any way. Having good parents is such an incredible blessing. I am happy for you my friend. ❤️

    • @MrRockstar1969
      @MrRockstar1969 2 ปีที่แล้ว

      God bless

  • @chandlermorris1
    @chandlermorris1 5 ปีที่แล้ว +52

    My parents taught me two lessons that are connected. Never wrap your emotions up with your money and learn when to fight, compromise, or walk away. My parents were well off. Not super rich but were well off enough that I grew up in an affluent neighborhood. There money was in real estate. They owned a number of rental properties that brought in quite a bit of passive income. However, my mother continued to work as a school teacher because she loved education. When I was a teenager, all hell broke loose. Just before I turned 14 started a near 7 year long divorce where neither of them refused to budge on ownership of these properties. All but two of these properties were finally liquidated in short sales, to include the house we grew up in. And they ended up each living in the condos that remained. Through their actions, I learned that it is better to genially work with someone, rather than lose it all. And never let your emotions control your decisions with money.

    • @pratiktiwariramji
      @pratiktiwariramji 2 ปีที่แล้ว

      Great ,Most important points

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว +2

      Money is Energy. It is meant to flow; not stay solid. Money is paper and ink, or banking and bit coin it is only 0s and 1s. It is the value you place on it. It is your thoughts and feelings about what money is and is for. You can not take it with you to the other side (Heaven). So how do you use money for the better to have a happy growing in Spirit experience on this planet. Money is a tool to help you expand your perception through cognitive and critical thinking to have the best choices to make paradigm shifts to make your life and other peoples lives better. Do what is best for all concerned and that does include you. Not what's in it for me and survival of the fittest. Good Fortune to you and yours.

    • @charlenetriche4732
      @charlenetriche4732 2 ปีที่แล้ว

      @@lindakingsley9486 I totally agree and love your insight. Also poor people were not taught what t do with money. The rich don’t know what to do with money. Wealthy people listen to God and they build where He says build and the money keeps coming back to them. Then they listen again and it comes back again. I adding to your post because it was Word!

  • @kerryevans7604
    @kerryevans7604 6 ปีที่แล้ว +62

    My parents taught me to respect people and treat them the way I would like to be treated.

  • @medinaroseallen5228
    @medinaroseallen5228 4 ปีที่แล้ว +210

    My dad told me "if you got something to do, do it now". Best advice I ever had.

  • @mfonudoh7940
    @mfonudoh7940 4 ปีที่แล้ว +26

    My parents taught me no matter how much you want to progress in life (whether in your finances or career ), ALWAYS remember to be humble but never compromise/RISK your self-respect.

  • @siddharthashukla6787
    @siddharthashukla6787 6 ปีที่แล้ว +218

    Increase income instead of lowering expenses. That one was the best

    • @Paul_Sullivan
      @Paul_Sullivan 5 ปีที่แล้ว +23

      Do both at the same time

    • @KF1
      @KF1 5 ปีที่แล้ว +11

      @@Paul_Sullivan that's exactly right. They're not mutually exclusive.

    • @omarfarique6304
      @omarfarique6304 4 ปีที่แล้ว +2

      @@Paul_Sullivan
      Why would you lower expenses? What's the point of making money if you don't spend it? So lowering expenses simply don't make any sense in fact just as the quite stated people should increase their income instead.

    • @applenewsgmbh
      @applenewsgmbh 4 ปีที่แล้ว +10

      Omar Farique by lowering your expenses you can Safe money to start investing or invest the saved money directly into for example stocks

    • @omarfarique6304
      @omarfarique6304 4 ปีที่แล้ว +3

      @@applenewsgmbh
      No man that's not being smart. If your expense is let's just say $1.5K per month then find something where you can make more money than that. So if your expense is $1.5K then do something where you will make $3K for example. This way you can invest the extra $1.5K. And you don't even have to change your lifestyle. If you do decide to increase your expense then your income must increase proportionally.

  • @5555ashish
    @5555ashish 6 ปีที่แล้ว +330

    Money speaks only 1 language: - You Save me today, Il save you tomorrow :)

    • @LifeOfLisa28
      @LifeOfLisa28 6 ปีที่แล้ว +11

      Ashish Puthran the most realest thing I have heard in a very long time.

    • @manuelmoraleda9684
      @manuelmoraleda9684 6 ปีที่แล้ว +6

      Reminds me of my father's advice - A ready cash is your best friend !

    • @blessall8856
      @blessall8856 6 ปีที่แล้ว +4

      Saving is correct but do not take it to extreme cheapness because that is a turn-off.

    • @CHSCxp
      @CHSCxp 6 ปีที่แล้ว

      your bankers, auditors, fund managers will save you and mess up with your familiies. :-) else, you have papers to do all the jobs... its all shallow ideals about living a life.

    • @DnVFMVs
      @DnVFMVs 6 ปีที่แล้ว

      This this is why people are poor

  • @rosemay4526
    @rosemay4526 4 ปีที่แล้ว +271

    My mother always taught me how to dress well, without spending a lot of money.

    • @kayaeki
      @kayaeki 3 ปีที่แล้ว +14

      can you share some of the advice please? thank you

    • @amanlakra7484
      @amanlakra7484 3 ปีที่แล้ว +2

      Me 2

    • @usaidgamer2509
      @usaidgamer2509 3 ปีที่แล้ว

      Oic

    • @pebblebrookbooks4852
      @pebblebrookbooks4852 3 ปีที่แล้ว +1

      My mom was a "looks don't matter" person. I need make up and skin care help too pls

    • @thegem597
      @thegem597 3 ปีที่แล้ว +1

      @@pebblebrookbooks4852 lol..same

  • @cricketabhi
    @cricketabhi 4 ปีที่แล้ว +61

    I like the voice of the speaker. Energetic and crystal clear. She's half the magic apart from the content 👍

    • @rosej5029
      @rosej5029 4 ปีที่แล้ว +3

      It's so important for the narrator of ANY TH-cam video to have the kind of voice that makes people want to continue listening to the video instead of skipping to the next one.

  • @vaughnbennett2294
    @vaughnbennett2294 5 ปีที่แล้ว +293

    sometimes hearing other people say what you are already doing is most satisfying.

  • @sagariesleo4577
    @sagariesleo4577 6 ปีที่แล้ว +163

    My Mother taught me how to spend less invest more. The goal was always to retire early from the slavery mind of the 9 to 5 mentality. #Risk

    • @chp21600
      @chp21600 6 ปีที่แล้ว +2

      Why #risk using curse words in your videos? Raise expectations of the viewers. Enjoyed the information!

  • @kinghmb8274
    @kinghmb8274 6 ปีที่แล้ว +96

    Alux
    I am from india still in highschool
    And india parents dont support the
    Ideas of business and entrepreneurship
    My parents tell me that I can do this after I graduate but I tell them
    It's better if I gain the knowledge apply them
    So I come here to gain the knowledge about money and gain inspiration
    Thank you so much....

    • @maximpro4562
      @maximpro4562 6 ปีที่แล้ว +11

      KingHMB your Patents are right, if you yet don`t have money, graduate and then you have a Chance to get the money for entrepeneurship etc. But it won`t work without capital, Connections and Trust in you. So build your social trust first with a degree. Try to have some Side business with products. This can make you richer. Buy and sell. But focus on your degree first, work few years in big companies, get inside knowledge and capital and then be an entrepeneur one day. Else it probably will Fail like 90% of entrepeneurs do. Those who succeed without all that.. probably at least their parent`s did those things before and gave their money and Connections to help to Start ther business like the jews do... Plan big is good, but do/work/connect bigger, you have to suffer a little first, build yourself up while Learning and most important, do new things, leave your comfort zone! Hope this advice helps. ;)

    • @gedranon3888
      @gedranon3888 6 ปีที่แล้ว +1

      You can survive my friend, you can

    • @gedranon3888
      @gedranon3888 6 ปีที่แล้ว +1

      Just look for ways

    • @rastafari1082
      @rastafari1082 6 ปีที่แล้ว +1

      learn how to sell

    • @emmanuelasamoah3902
      @emmanuelasamoah3902 6 ปีที่แล้ว +2

      KingHMB same in Ghana

  • @LVNGSOULSirLsa
    @LVNGSOULSirLsa 2 ปีที่แล้ว +34

    "The Love of Money is the root of all evil". It's the love of Money! Not the money itself... completely different. ✌🏻

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว +1

      Agree. I think you see in this video what I see. This video teaches to love money over humanity.

    • @manitizlucia7988
      @manitizlucia7988 2 ปีที่แล้ว

      Perfect for words No sin in great wealth and no virtue in poverty

  • @deathcheater9303
    @deathcheater9303 6 ปีที่แล้ว +64

    MOM told me that time is priceless. Didn’t take heed nor understood why she had stated that until after she had passed away.

    • @caesarillion
      @caesarillion 6 ปีที่แล้ว +1

      Gats tuh luv dem oldies, Bro! Hahhahaha. Really my mom died too. Time to find another oldie still kickin'. Live 100 years in Jesus.

    • @karishort7561
      @karishort7561 6 ปีที่แล้ว +1

      💖💖💖

    • @hewhoshallnotbenamed5633
      @hewhoshallnotbenamed5633 6 ปีที่แล้ว

      Time is all we have - time is our MOST PRECIOUS ASSEST

    • @junk1347
      @junk1347 6 ปีที่แล้ว

      Your health is your wealth

    • @donthomasakadont
      @donthomasakadont 5 ปีที่แล้ว

      Bobby’s World man I can relate to you there, but have you grasped it sense her passing? My mom and grandmother passed away 3 months apart and Grandma really raised me as her son but Mom birth me in Life so now I’m just pushing to follow through on things we discussed in their lifetime. It’s turning out pretty well in my point of view. For the both of us!

  • @Angry397
    @Angry397 4 ปีที่แล้ว +304

    My parent never taught me about money. I learned when I became an adult. They couldn’t teach me what they didn’t know. I’m now starting to educate my son.

    • @krishafyme
      @krishafyme 4 ปีที่แล้ว +4

      Exactly, my parents didn't either, also bcoz I m a girl, tough I started leaning myself via books n internet, now I go to my dad and start some money conversation and he happy with me tough, but there is lot more to learn

    • @lamonthamilton667
      @lamonthamilton667 4 ปีที่แล้ว +1

      Good for you and this is the lament of many people.

    • @kayaeki
      @kayaeki 4 ปีที่แล้ว +1

      im proud of youu!

    • @LarennJay
      @LarennJay 3 ปีที่แล้ว +1

      Exactly

    • @MsNantal
      @MsNantal 3 ปีที่แล้ว +1

      You are the one who will show the rest that it can be done and how to improve your life. Every family needs a member like that.

  • @ecloudstorageplan4922
    @ecloudstorageplan4922 5 ปีที่แล้ว +54

    I come from a family with money, and my parents always teach me the importance of money, and that you should not take advantage of it. I’m very lucky to be in the situation that I am in.

  • @terlumunjoseph6274
    @terlumunjoseph6274 2 ปีที่แล้ว +16

    My poor father always told me to have wisdom, my well to do mother, emphasized fighting for what you want. She taught me courage. It took me decades to reconcile this truth between both parents. Now I feel at peace with this truths. Thanks

  • @KrishnaJPal-gx5zv
    @KrishnaJPal-gx5zv 6 ปีที่แล้ว +91

    My mother actually told me..to just observe with logic and not an emotional perspective much 🍃

    • @Generational_Wealth
      @Generational_Wealth 4 ปีที่แล้ว +6

      Your mother's a genius.

    • @masterkyun4403
      @masterkyun4403 4 ปีที่แล้ว

      i like this, this is gold! it is something most people need to learn.

    • @KrishnaJPal-gx5zv
      @KrishnaJPal-gx5zv 4 ปีที่แล้ว

      @Vincent T. I don't appreciate that immoral statement.

    • @vinuta3647
      @vinuta3647 3 ปีที่แล้ว

      That is such a great thought

  • @josephharris2372
    @josephharris2372 5 ปีที่แล้ว +47

    Manners and Kindness, Mom.
    Responsibility and Discipline, Dad.

    • @royferguson3909
      @royferguson3909 2 ปีที่แล้ว

      3 years on.....manners man the man ( or women )
      you are still ,
      ' on - trend '


      man and women
      😊
      are you still alive

    • @royferguson3909
      @royferguson3909 2 ปีที่แล้ว

      manners make the person...to be correct, my predicted text..takes over

  • @samkaria1916
    @samkaria1916 5 ปีที่แล้ว +33

    My mama taught me to be fearless and live on my own, independent of any needs.
    It's helping me now.💎

  • @DatNguyen-vj1ro
    @DatNguyen-vj1ro 3 ปีที่แล้ว +1

    My dad taught me to always be kind to people. He said, in history, those who are kind will be successful in life

  • @RealEstateInsider247
    @RealEstateInsider247 6 ปีที่แล้ว +202

    10:24 The saying from the bible is NOT, "Money is the root of all evil" ... It IS, "For the love of money is a root of all kinds of evil." which is a perfectly true statement. That is one of the most misunderstood and misquoted verses in the bible. The saying refers to the "LOVE of money". There is nothing inherently wrong with wealth and success. They are only as good or bad as a person does with their wealth and success. Obsession with money and selfishness can manifest themselves into many kinds of sins.

    • @Joseph-cn3vr
      @Joseph-cn3vr 6 ปีที่แล้ว +12

      You're 100% right because we use money in our daily life however some people misuse them due to lack of wisdom. We really need to know that wealth + wisdom is equal to extraordinary life.

    • @spinawellness8464
      @spinawellness8464 6 ปีที่แล้ว +1

      True; that's why it states in the video that "money is a tool, nothing more and nothing less". I translate that as a warning to not obsess over it. The evil plays a part when greed sets in. Greedy people really have no value when it all boils down.

    • @brandiva8901
      @brandiva8901 6 ปีที่แล้ว +3

      Exactly! That's pure truth.

    • @alawishes1733
      @alawishes1733 6 ปีที่แล้ว +2

      As long as you know the word of God is true... that making sense out of nonsense is non-negotiable. The rest is peaceful. Alux is an interesting perspective. However, it is not a Scriptural perspective. We who believe in the word of God know His voice. We can't expect foreigners to Hear Him. The tools from this video are stable in theory. It is up to us to work them thru the truth we know are self-evident. You corrected the statement (scripture) that was the right thing to do...the rest is up to the reader. I hope this finds you smiling having a swell day.

    • @edbern007
      @edbern007 6 ปีที่แล้ว +2

      @@binauralfortune greed by turning a blind eye to people in need....corruption...taking advantage of others..putting money before God which is breaking the first commandment.

  • @tristantu33y
    @tristantu33y 5 ปีที่แล้ว +342

    "Life sux then you die." Quote from my parents. That's why I chose at a young age to be nothing like them. Here I am now being the most successful person in my entire family.

    • @apollofateh324
      @apollofateh324 4 ปีที่แล้ว +20

      Same, part of me wants to succeed out of spite.

    • @tristantu33y
      @tristantu33y 4 ปีที่แล้ว +32

      @@apollofateh324 I don't like to do things out of spite but man, those people that put me down for having big dreams and said I could never get there because it's not realistic. I have proven them wrong just for the fact that anything is possible if you put your mind to it. So now I'm doing what other people won't do, so I have the life that they can't.

    • @t.laero_dynasty9442
      @t.laero_dynasty9442 4 ปีที่แล้ว +4

      @@tristantu33y btw then what is your profession

    • @moniquejohnson6143
      @moniquejohnson6143 4 ปีที่แล้ว +1

      That's amazing! Keep going!

    • @tristantu33y
      @tristantu33y 4 ปีที่แล้ว +12

      Yeah man same thing, put me down for not being realistic. I didnt listen. 5 years later I make more than my old boss, which is hard to beat, also like a 2nd dad/ mentor to me. He is so proud of me now and he said he will be mowing my lawn. Takes time, you just have to keep proving everybody wrong. Watch me. I take it all as motivation.

  • @whyaminotoriginal
    @whyaminotoriginal 4 ปีที่แล้ว +18

    My mom taught me about credit and debt very early. It didnt stop me from making my own mistakes but I have never downplayed its importance.

  • @mayholland2732
    @mayholland2732 3 ปีที่แล้ว

    The night before my mother passed away in 1983. She told me to finish my education. I did, I was lucky that I got full scholarship from my uncle and aunt who happily paid my way to finish my education. Today, I feel that was the best thing I have done in life. It helped me cope with the ever changing life I have and most of the time I do not think I could have survived coming to a different country all by myself. Today, I still feel alone in a sense that I am 100 percent in charge of paying my living cost. I feel like a rich and a poor person. But is still happy. I took many Risk some succeeded and some failed. I thank God everyday for everything that is happening in my life. I believe that will eventually change and improve for us. God bless and thank you.

  • @mrrusso1915
    @mrrusso1915 4 ปีที่แล้ว +41

    What my parents taught me ... 2 family values: Integrity, Compassion. These serve me in good stead. But, sadly, my parents were children of the great depression. They missed a 3rd family value which I now believe would be just as valuable ... a healthy attitude toward money and wealth. The lack of this proper attitude has caused great suffering.

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว

      This video does not teach values. It teaches survival of the fittest.

    • @kessphotography8606
      @kessphotography8606 2 ปีที่แล้ว

      I started a Moms & Money Book Club for the very reason you listed last, to help moms develop a healthy relationship & view of money, so in turn they could teach their children to have the same healthy relationship

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว

      @@kessphotography8606 I hope your book club stops the money over humanity mind set and helps to make money balance with human cognitive and critical thinking to make good choice to thrive for all concern including you and me. This, to me, is the essence of being human and learning to be a good soul and good person on this earth. Thank you. Good Fortune to you and Love and Light to you and yours.

    • @davidh5101
      @davidh5101 2 ปีที่แล้ว +1

      "Once integrity is lost, the rest is easy"

  • @Generational_Wealth
    @Generational_Wealth 4 ปีที่แล้ว +280

    To answer your question: My mother taught me to do taxes at 10 and I was preparing the neighbors taxes for a 50/50 split of $100 by 11.
    The lesson was - know your numbers, grow your numbers.

    • @monkeyhilt6824
      @monkeyhilt6824 4 ปีที่แล้ว +5

      Hey I learned those things when I was 4 because my mother was dying and my father was too.

    • @thebookwasbetter3650
      @thebookwasbetter3650 4 ปีที่แล้ว +11

      My dad taught us to do this around 15. Good life lesson. People always ask why they don't teach you important things like taxes and folding a fitted sheet in school. Well shoot, that's a lesson your parents are supposed to teach you not the public school system.

    • @lamonthamilton667
      @lamonthamilton667 4 ปีที่แล้ว +3

      would all parents think this way.

    • @themonsterwithin4000
      @themonsterwithin4000 3 ปีที่แล้ว +6

      @@thebookwasbetter3650 No, the school system should too

  • @flassalyrics5043
    @flassalyrics5043 4 ปีที่แล้ว +18

    I never learned too much about money from my parents, but my favorite OG taught me this, he siad fortune favours the brave, to me thats means guts & hard work..

  • @terrisewell4729
    @terrisewell4729 2 ปีที่แล้ว +114

    People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment..

    • @Soboj-oy8me
      @Soboj-oy8me 2 ปีที่แล้ว +2

      Yeah investment is the key to sustaining your financial longevity but venturing into any legitimate investment without a proper guidance of an expert can lead to greater loss too

    • @joycegreat259
      @joycegreat259 2 ปีที่แล้ว

      Exactly! That's my main concern and what kind of investment can someone do with this increase economy turndown

    • @adasohas
      @adasohas 2 ปีที่แล้ว +1

      you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.

    • @JiwanWill
      @JiwanWill 2 ปีที่แล้ว +3

      yeah for sure, honestly I made 62,800 dollars within few days of trading with Bit coin

    • @JiwanWill
      @JiwanWill 2 ปีที่แล้ว +2

      It's really profitable for me and I will encourage anyone interested should invest in it now 💯💯💯

  • @dianaismyname8653
    @dianaismyname8653 5 ปีที่แล้ว +20

    My parents taught me that knowledge is not power, rather applied/tested/tried knowledge is powerful. Application is key. 💯
    Repetition is the mother of all skill.

    • @paakwesi730
      @paakwesi730 2 ปีที่แล้ว

      God bless your mom

    • @jackjack4412
      @jackjack4412 2 ปีที่แล้ว

      Great job girl!! I thought I coined the first phrase.

  • @taraniterium5374
    @taraniterium5374 4 ปีที่แล้ว +29

    "no matter how you end up in a tough situation, the only one that can do anything to truly fix it so anything about it, is you."...My parents didn't teach me this, I had to learn it on my own but still a valuable lesson. It's your life your responsible for it.

  • @barbaraz1618
    @barbaraz1618 6 ปีที่แล้ว +29

    My parents taught me to do the right thing because you always have to sleep with yourself. That’s easier to do when you have a clear concise.

  • @rosej5029
    @rosej5029 4 ปีที่แล้ว +35

    Two best lessons that my mother taught me are to respect the power and impact of knowledge/education. Second, trust no one 100%. People are flawed and therefore are liable to hurt me if I'm not careful. Risk

  • @vermillionorange
    @vermillionorange 6 ปีที่แล้ว +31

    My parents taught me: "Invest in education. It's one thing that can't be stolen from you".
    And they were right. No regrets. And still "investing".
    RISK!

    • @mrs.scissorkick6669
      @mrs.scissorkick6669 6 ปีที่แล้ว +1

      a student loan debt is a risk if your educations doesn't pan out. Debt is debt...a safe, lucrative and economically useful degree is what everyone should have.

    • @quincekreb6798
      @quincekreb6798 6 ปีที่แล้ว +2

      A college degree doesn't promise a good financial future. There are many trade skills that pay much better than many degrees and cost 50% or less than a Bachelor's Degree.

    • @BelleMeow
      @BelleMeow 6 ปีที่แล้ว +1

      in the Philippines education matters. Maybe not in US bec we dont have student loan. .. If you are not smart enough for a scholarship and no money for enrollment your doomed ... thus if your educate you get a job! Thus this is true

    • @vermillionorange
      @vermillionorange 6 ปีที่แล้ว +2

      @@BelleMeow Well said ^^ Unlike in the US, we don't drown in debt and don't see getting an education as a "burden" that we have to carry till employment.

    • @vermillionorange
      @vermillionorange 6 ปีที่แล้ว +2

      @@quincekreb6798 True. Maybe I just got lucky to graduate without taking up a student loan and such, or had to pay high tuition fees out of my pocket (well, my parents').
      But believe me, education is very important here. It's like a pass to a comfortable life.

  • @tarunmakhija22
    @tarunmakhija22 6 ปีที่แล้ว +29

    Best lesson from my parents: "be dependable, not dependant."

  • @MetalSanaz
    @MetalSanaz 6 ปีที่แล้ว +69

    I wish every parent would watch this. It's sad what's happening now to our new generation. Parent's don't think ahead into the future because seems like themselves don't know much.
    I really wish you guys would get a channel on Netflix.
    This type of information needs to get on platform where people can't stop or don't get away from.
    Best wishes to you guys
    And thank YOU

    • @bryanansong572
      @bryanansong572 6 ปีที่แล้ว

      yeah i agree

    • @aarnyMagic
      @aarnyMagic 6 ปีที่แล้ว

      True

    • @g_chahal4831
      @g_chahal4831 6 ปีที่แล้ว +2

      Blaming other is another habit of poor ...... Remember this ... Don't mind baby.

    • @mm-bu4vc
      @mm-bu4vc 6 ปีที่แล้ว +1

      Baby lol

    • @InYeshuasHolyName
      @InYeshuasHolyName 3 ปีที่แล้ว

      Bwaaaaha lmaoooooof 🤣 , get a show on Netflix Ha " you really think Netflix would put this content on their platform 😜 doubtful 🧐. Ha 😂🤣 (Ballance) 😎.

  • @JupiterFerrari
    @JupiterFerrari 4 ปีที่แล้ว +17

    My parents taught me many things...the 'saying' that sticks out the most was "Stick to a task until it sticks to you, beginners are many but enders are few..." Repeating this mantra over and over helped me graduate college @ 47 with a BS in Software Development...!

  • @nathanhogue6588
    @nathanhogue6588 4 ปีที่แล้ว +11

    "Treat others the way that you wish to be treated." It might not be rewarding today but there is a day when it will be.

  • @TheshayWest
    @TheshayWest 4 ปีที่แล้ว +14

    The most important lesson I was taught by my parents was the power of never giving up on ones self. Living in poverty and watch my mom work the hardest of jobs and reaping the lowest of rewards all to take care of her family was difficult for me. However, she now has two young men who are passionate creatives who saw the contrast in their upbringing. That contrast made us aware that we did not like that and taught us to value the things money can't buy. We also learned that our minds can create infinite wealth, empires, solve world problems. A billion dollars is only an idea away. There really is no RISK in striving for wealth because even in failure there are seeds of success that make you more successful the next time. Live, Love, Laugh, and grow!

  • @keekli9046
    @keekli9046 6 ปีที่แล้ว +11

    Risk!!
    My parents were good with high expectations, money is good, knowledge is more valuable than money in the long run
    This is one of my favorite videos
    Thanks Alux!!

  • @esthertaqwai7928
    @esthertaqwai7928 2 ปีที่แล้ว +9

    Hardwork pays and staying humble is one of the lessons I learned from my parents that has really help me in life

    • @davisholman8149
      @davisholman8149 2 ปีที่แล้ว

      When you are young live like a pauper. Rent a room & work several jobs - buy properties as rentals - or a duplex - you live in one side & rent out the other side.work really hard while you are young. This can set you up for a great future. Be careful what you buy - don’t buy in scary areas - your renters will cause problems for you that will ruin your investment.

  • @19pradeepsv66
    @19pradeepsv66 6 ปีที่แล้ว +47

    That's exactly why the Rich gets Richer and the Poor gets Poorer.

    • @carlitoxb110
      @carlitoxb110 6 ปีที่แล้ว

      Pradeep S V your hair doesn’t work with night mode TH-cam 😉

    • @sunilkumar583
      @sunilkumar583 6 ปีที่แล้ว

      No one can teach how to become rich or poor it must be in genes if u r born with rich genes otherwise no genes to become poor😊

  • @awakenthegreatnesswithin
    @awakenthegreatnesswithin 5 ปีที่แล้ว +67

    Focus on creating Multiple Streams of Income, make money work for you.
    My father told me to be an Entrepreneur.

  • @Socrateez0217
    @Socrateez0217 5 ปีที่แล้ว +13

    My dad was pretty old fashioned and isnt from here. He just taught me to work hard at a dead end job. And my mom taught me the same. (More or less). Its difficult to break out of that shell and think outside of that box but i have done it and im working on it as we speak. Thanks to channels like this one. Thanks Alux.

  • @d.i.j.a5130
    @d.i.j.a5130 ปีที่แล้ว +1

    Lessons I learned from my parents:
    1.)Never spend your time on something you can pay someone to do for you.
    2.)Connection and networking are everything. you need to know people
    3.)read books, lots of them
    4.)wealth is a mindset
    5.)never underestimate people
    6.)People are a valuable asset, no matter who a person they have value.
    7.) Never forget the past or your history so you don't make mistakes from the past
    8.) Learn from other people's mistakes
    9.) Make yourself valuable
    10.)work smarter, not harder
    11.)money is not evil
    And some other ones I can't say here.

  • @HLSpence
    @HLSpence 4 ปีที่แล้ว +24

    The money lessons I learned from my parents were all thru observation and they taught me what NOT to DO!

  • @MrJsoto415
    @MrJsoto415 6 ปีที่แล้ว +29

    Be wise, healthy, educated, committed and take chance. Most important marry a productive wife or a husband and you are set. Impress yourself first than others will impress you ( my quote)

  • @Ijaf98
    @Ijaf98 6 ปีที่แล้ว +83

    I’m was reading “Rich Dad Poor Dad” and this uploaded lol

    • @florencialorenzo230
      @florencialorenzo230 6 ปีที่แล้ว +4

      Lawrence Stewart the exact think happend to me!

    • @HakimNadir
      @HakimNadir 6 ปีที่แล้ว

      good book, just finished reading it

    • @kanishkaralasi7408
      @kanishkaralasi7408 6 ปีที่แล้ว

      The same happened With me

    • @hilloltalukder81
      @hilloltalukder81 6 ปีที่แล้ว +2

      Save 20% ,don't Waste money, on such other things, Rich mentality Poor mentality ,!! Bro I Read That book Too!! It's kindly Helpful to me!! I saved money From the year -2014 !! Am Succeed to buy my dream car, Mustang !!! And sry my English Sucks!!

    • @hilloltalukder81
      @hilloltalukder81 6 ปีที่แล้ว +4

      @Bharath :bro just read that book!! U will understand

  • @toralayous8500
    @toralayous8500 2 ปีที่แล้ว +42

    This is a well detailed and informed video. I'm here to learn how to invest after listening to a guy over the air talk about the importance of investing and how he made $410,000 in 5months from $180,000 startup. Somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas

    • @richardgoose695
      @richardgoose695 2 ปีที่แล้ว

      Investing in crypt0 and stocks is a good idea, a good system would put you through many days of success

    • @amydannyson5644
      @amydannyson5644 2 ปีที่แล้ว

      NFTs stock and ForEx trading should be at every wise individual's list. Soonest you will be euphoric with the decision you made today

    • @toralayous8500
      @toralayous8500 2 ปีที่แล้ว

      Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?

    • @sambrambilla3524
      @sambrambilla3524 2 ปีที่แล้ว

      How much did you start with and how much have you earned so far?

    • @lampwhite8855
      @lampwhite8855 2 ปีที่แล้ว

      The trick always is to diversify your investment, don't panic when everyone else is and invest consistently

  • @shivgoyal5134
    @shivgoyal5134 6 ปีที่แล้ว +23

    Always be respectful and humble towards every person you ever meet regardless of their financial or power position. You owe nothing to the world and you own nothing in the world.Also never be scared to take risks in life. Your life is just a message to the world so make sure it's inspiring. RISK!
    I come from a middle class family and this is what my parents taught me.

    • @josephdrach2276
      @josephdrach2276 6 ปีที่แล้ว +1

      Did your parents include themselves in the category of "the world"?Were they saying,"When we become old and weak, perhaps even when we are dying,you don't need to take care of us,just do whatever you want as long as it makes you feel happy".Did they include the children you might have in this list of "the world"? Because if they did,you'll need to have no children because you would owe them nothing ,just as you would owe your parents nothing.This attitude is all about being a narcissistic psychopath.I owe my parents a debt beyond calculation.I owe the world a vast debt.I think your parents didn't mean for you to be a self centered jerk.I hope they taught you that other people matter, sometimes more than yourself.If this Idea seems strange,it isn't.Ask a person who has a baby whether they would give there life for that baby and you'll hear yes,time after time.If your parents didn't put you ahead of themselves,you probably wouldn't be here.Many people play a part in helping you live.If you think about where the most basic things you need to live come from, you'll see that even the most humble and simple people help feed,house and clothe you.If you want to feel you owe the world nothing,I guess you can. I see it just the other way.

    • @shivgoyal5134
      @shivgoyal5134 6 ปีที่แล้ว

      @@josephdrach2276 you are right with your perspective.

  • @daniele4312
    @daniele4312 6 ปีที่แล้ว +4

    I come from a very religious family in which both my parents believe that praying to god will make u rich.. this is why we are broke. Being heavily influenced by them in my early childhood could have ruined my life if I kept that typical Christian mind set:”if you ask God it will happen” Alux has really opened my eyes and made me less lazy. I am 17 now and I’m on route to be making more than both my parents. I will Risk it

  • @departfromevil2000
    @departfromevil2000 6 ปีที่แล้ว +10

    One thing my Father taught me is not to RISK, not let everyone know what you are doing because people will kill your dreams some carefully who tell them to

  • @akonwiasana6066
    @akonwiasana6066 4 ปีที่แล้ว +3

    My parents taught me humility and integrity over riches.

  • @StellaLillig
    @StellaLillig 5 ปีที่แล้ว +13

    Risk
    My father taught me to be humble, honest. And from my mother to be persistent.

  • @guilhermesoares4475
    @guilhermesoares4475 5 ปีที่แล้ว +13

    My Parents Always Told Me To Work Hard For Myself Because No One Else Will. My Life All Risks On My Decisions In Life.

  • @lucifer8163
    @lucifer8163 6 ปีที่แล้ว +10

    My parents taught me "Hard work always pays off with a little pinch of smartness."

  • @jeesuff553
    @jeesuff553 4 ปีที่แล้ว +3

    PROOF THAT "TIME =MONEY"
    According to me i am not poor i am wealthy in
    Time
    Social relations
    Health
    And have a sustainable family income from real estate rent also invested in solid fixed deposits .
    Owning agricultural farms and a good network of useful people .
    My father only taught me that the only knowledge you gain is from observation and experience , he never gave me a single piece of advice as he throw me to act in different sitituations and let me learn by myself .
    I gained a lot of knowledge from my grandparents .
    The most valuable wealth lesson i can share is - "there are basically four wealth time , money , social and health the thing that you have to see is you have to have a balance in these four wealths . The easiest way to create money is to convert your time into money "

  • @Raven-fl4eg
    @Raven-fl4eg 6 ปีที่แล้ว +24

    I beg to differ but most millionaires and entrepreneurs are introverts so they aren't fully social. They spend most of their time self educating. They build a good business network however it's only to do business.

    • @marcduchamp5512
      @marcduchamp5512 6 ปีที่แล้ว +1

      They form exclusive clubs barring from the common folks. After some made all the money they lost all the precious time they should be spending with their loved ones or kids. A simple stroll on the beach with the family is priceless but most wanna just dive into the stock trade or time consuming business solely activities that in the end we give it all back to the system

  • @moniquenoel-gunter
    @moniquenoel-gunter 6 ปีที่แล้ว +23

    When the fox can't get the grapes, he calls them sour. People say mean things when they can't bring you down. Don't believe them. Keep doing well because the best revenge is living well.

  • @jassikuk
    @jassikuk 6 ปีที่แล้ว +12

    One of the most knowledgeable video. Key eye opener: Money is the root of all evil is a poor people's saying. Money is merely a tool to navigate your life.

  • @mike.p.1400
    @mike.p.1400 ปีที่แล้ว +1

    I am addicted to this channel.
    And I’m 64 years old.
    Take heed all you young people out there.
    All you entrepreneurs and hustlers out there.
    This stuff is true. And as far as I’m concerned. It’s gold.

  • @arielvagus1618
    @arielvagus1618 6 ปีที่แล้ว +51

    The rick teach their kids to do self-education and improve everyday.

    • @abhaysharma9317
      @abhaysharma9317 6 ปีที่แล้ว +3

      Rick teach their grandson to how to be a badass in the universe.

    • @CombatWombatI
      @CombatWombatI 6 ปีที่แล้ว +1

      Abhay Sharma Made my day

    • @officersquarehead
      @officersquarehead 6 ปีที่แล้ว +1

      Abhay Sharma Dammit you beat me to it! XD

    • @officersquarehead
      @officersquarehead 6 ปีที่แล้ว +1

      It's true though. Rick does teach Morty that real learning takes place in exploration and real life experiences. Not inside some cramped building.

    • @sirrahphotography5930
      @sirrahphotography5930 6 ปีที่แล้ว +1

      @@officersquarehead : RICK AND MORTY ... THAT'S THE SHIT!!!!

  • @AlpheusGibbs
    @AlpheusGibbs 6 ปีที่แล้ว +104

    My father taught me that laziness will kill you.

    • @mydear6788
      @mydear6788 6 ปีที่แล้ว +7

      My dad had told me "if laziness was painful, you would be screaming"

    • @Inkdraft
      @Inkdraft 6 ปีที่แล้ว +6

      It brings poverty right through the door.

    • @deshonmiller5573
      @deshonmiller5573 6 ปีที่แล้ว +1

      So funny that the African Americans comments are up on laziness but to be truthful that Americans should be actually said where's my reparations because everybody built their wealth off your ancestors back so who truly lazy and so is that are now talking about themselves being wealthy off of your labor think about it! B1

  • @chegenyaga5619
    @chegenyaga5619 6 ปีที่แล้ว +9

    My parents gave me the freedom to take risks in life but always reminded me that freedom comes with responsibilities.

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว

      This video teaches that the rich are not responsible for what they do to others and to the rich; that's ok. It is cold and heartless.

  • @RockyBear216
    @RockyBear216 3 ปีที่แล้ว +13

    "If you love what you do, you will never work a day in your life." My dad was a business owner who "never worked".
    As an owner myself, I love what I do & solve people's money problems thru education & services. I get to change people's lives.
    Risk!! #WomenRuleTheWorld

  • @keziaguy6056
    @keziaguy6056 4 ปีที่แล้ว +19

    I.lowered my expenses and increased my income. Also listen to Dave Ramsey, and I'm currently paying off my house loan. I am in the egg production business...I currently am working towards 5k layer chickens... and I would have taken the 4 day vacation. Thanks for the video

    • @dothedeed
      @dothedeed 4 ปีที่แล้ว +1

      Be careful with some of Dave Ramsey's advice. He went bankrupt using balloon mortgage to flip houses so his attitude towards debt can be extreme.

  • @Suga-sm2fq
    @Suga-sm2fq 5 ปีที่แล้ว +27

    My mom taught me to make habits with 21 days and the 80% 20% rule when I was 8. Wow.

    • @mothepro2167
      @mothepro2167 4 ปีที่แล้ว +2

      woow I wish I was thought that at 8, ur mom is a legend

    • @kayaeki
      @kayaeki 4 ปีที่แล้ว

      ur mom is amazingg!

  • @diamondheart11
    @diamondheart11 6 ปีที่แล้ว +44

    This video came at the right time, just when I needed it! My poor parents never taught me any of this so now I'm parenting my own self and learning what I should have learned. Thanks Alux!! RISK!

  • @blackwunk
    @blackwunk 3 ปีที่แล้ว +16

    It was my Grandmother who taught me most of the things I needed to know about money and a few other necessary things. Unfortunately I lost her mentorship when she passed shortly before I turned 18 years old.
    Small minds talk about people(!), but my parents were a financial mess. Even though they both had better than decent jobs they worried about having things (TVs, used cars, etc.) and throwing parties, barbecues and get togethers. The same faces would show up every time, eat, get drunk and 'Goodbyes' all around when food fatigue finally set in. Only recently have I seen that I have to break the cycle and do better AWAY from them if my family is truly going to climb out of the mundane, mediocre and stagnant practices we've been doing for decades.
    P.S. - "R I S K."

    • @lindakingsley9486
      @lindakingsley9486 2 ปีที่แล้ว

      I understand; my generation was the having things too but balance money with Love and Light. Use cognitive and critical thinking to make those balanced choices. This is what the rich want to take away from you. Remember this.

  • @cellamoore
    @cellamoore 6 ปีที่แล้ว +10

    one of the things my mom taught me was to wake up early and always complete your task, even if it risked the amount of sleep you got.

  • @dsouzaronald7335
    @dsouzaronald7335 6 ปีที่แล้ว +5

    Proverbs 10:22
    The blessing of the LORD brings wealth, without painful toil for it.

  • @TexasStardust11
    @TexasStardust11 6 ปีที่แล้ว +81

    My parents were not rich and never educated me on money. But for some odd reason my thinking of money was ALWAYS of that of the rich because WE WERE POOR and I didnt wanna live my lofe like that. O and it not "money is the root to all evil" it is the LOVE OF MONEY and what it is saying is in other words some people love money SO MUCH they are willing to do ANYTHING (kill, steal and destroy) JUST to have it. Say different from working hard for it and doing what it takes THE HONEST WAY

    • @blessall8856
      @blessall8856 6 ปีที่แล้ว +3

      Dear friend, lack of money is the root of evil!!

    • @Inkdraft
      @Inkdraft 6 ปีที่แล้ว +1

      Texas Stardust: Yup, People don't realize it but a person can be stone broke and still love money.

    • @derrickjohnson9692
      @derrickjohnson9692 6 ปีที่แล้ว

      It's is the lack of money that is the root of all evil.

    • @carollopez8597
      @carollopez8597 6 ปีที่แล้ว

      @@derrickjohnson9692 :. It's not lack of money that's the root of all evil, but certainly it's the root of some. I think 'Covet', has a lot to do with it. The "Thou shalt not covet...''. commandment is very important to our sense of well being. There are many poor people who lead contented and comfortable lives simply because they don't fall into the trap of coveting. I believe coveting is what creates more discontented criminals than anything else. Of course there are desperate things that happen in life that can cause desperate situations and need.

    • @derrickjohnson9692
      @derrickjohnson9692 6 ปีที่แล้ว

      @@carollopez8597 it's the saying if not one but many other motivational videos expand your mind, expand your existence!!!

  • @cabdirisaaqbaraag3465
    @cabdirisaaqbaraag3465 3 ปีที่แล้ว +3

    I remember me asking badly my father to teach me how to count money and to show me it physically. I am very happy to tell that my mother taught me every thing I know that is useful to succeed in life.

  • @diamondandpurl
    @diamondandpurl 4 ปีที่แล้ว +16

    My Mother taught told me"time wasted can never be regarded, so always value your time".

    • @marviz5215
      @marviz5215 4 ปีที่แล้ว +1

      #facts 💯

  • @ธัญญะวัฒน์ยศคําแหง

    Every day i become more smart and more smart. Thank you Alux. 😃

  • @lyrarosepalmaevangelista7967
    @lyrarosepalmaevangelista7967 4 ปีที่แล้ว +13

    they thought me to be at peace at all time and be in good terms with everyone.

  • @sobored8742
    @sobored8742 2 ปีที่แล้ว

    I always was the type of person who get too attached to things and have difficulties letting go of stuff, and i'm still kind of are, to be honest, but i think it's way less then before. My dad would always repeat to me that being heartless or cold sometimes and just walking away from toxic environment and relationships, or anything that won't do me anything beneficial, will be the right choice in the long run, and that even if i cry for a couple minutes at first, i would never regret it in the future. He was talking from his own personal experience, and then it even happened multiple times to me, and I'm sure to most people too. And he was right! Saying "f*ck it" and cutting ties with people/things who don't deserve our time and energy really is great! And now it just give me big feelings of relief even though it hurts me a bit depending on the situation.

  • @rehenapervin4986
    @rehenapervin4986 6 ปีที่แล้ว +16

    my father teached me to be kind to people and value people,he teached me the importance of time.he teached me to be humble and grateful for what we have. he teached he to respect people because money can be learn if I loose it,but humans never come back after they pass away.my mother teach me to trust and always being true and never lie.
    my father is my hero, he passed away on 14th August 2018,I am 14 years old.he was a legend.

    • @stacychaplin8597
      @stacychaplin8597 6 ปีที่แล้ว +2

      Ridika Aman Tithi Sorry to hear about your lost 💓. May God & Jesus be with you and your family.

    • @rehenapervin4986
      @rehenapervin4986 6 ปีที่แล้ว +1

      Thanks

    • @rehenapervin4986
      @rehenapervin4986 6 ปีที่แล้ว +1

      💚

    • @stacychaplin8597
      @stacychaplin8597 6 ปีที่แล้ว +2

      waves of colors Ramisha You're very welcome 😊

  • @PeacefulPS2208
    @PeacefulPS2208 6 ปีที่แล้ว +6

    My parents taught me the most important lessons that have made me known for my moral values “Never take your eyes off a sufferer, he might be a survivor and may become something real big with your little help and indeed you might just be very resourceful to you someday. Keep good behaviour to get people work for you and keep in mind that they are also satisfied. That is business along with humanity. And just not share your actual income with your wife, instead save a huge part of it secretly to surprise her afterwards in life.”

  • @sumankrishnan2695
    @sumankrishnan2695 6 ปีที่แล้ว +13

    Just finished reading rich dad poor dad... This video felt like a recap...

  • @nancywalkerpate1590
    @nancywalkerpate1590 3 ปีที่แล้ว +1

    From my successful parents - Education is the one thing that can't be taken away from you.