Why I Make the Athletes are Broke Videos

แชร์
ฝัง
  • เผยแพร่เมื่อ 6 ต.ค. 2024

ความคิดเห็น • 917

  • @tropic-al1663
    @tropic-al1663 3 ปีที่แล้ว +53

    The funny thing is all these "athletes" are just employees!! Imagine how much the owners of the stadiums and team owners are making!!!!! You never hear of them going broke!!!!

  • @andrewssmith964
    @andrewssmith964 3 ปีที่แล้ว +396

    A lot of people want a good lifestyle , but the way they spend can't see them getting that lifestyle anytime soon , the rich invests more and spends less

    • @themoonchina6344
      @themoonchina6344 3 ปีที่แล้ว +2

      Investing in the right things matters, I actually invested in the stock market and also the crypto market , trust me crypto trading is more profitable than stock investment

    • @successchasers835
      @successchasers835 3 ปีที่แล้ว +3

      The rich gets richer by investing while the poor just spend like the rich without thinking about a good investment to go into

    • @nanellegriselda.5269
      @nanellegriselda.5269 3 ปีที่แล้ว +2

      Buy silver, buy gold but don't forget to acquire as many crypto as you can. Mark these words , someday people will regret not having at least one satoshi in their wallet

    • @chrisphil9149
      @chrisphil9149 3 ปีที่แล้ว +1

      @@nanellegriselda.5269
      Crypto investment requires good experience and knowledge to carry out a good and successful trade, I have a lot trying to trade all by myself .

    • @pathstudio7777
      @pathstudio7777 3 ปีที่แล้ว +1

      Good investments are life savers

  • @torachan23
    @torachan23 3 ปีที่แล้ว +674

    I think you have to be the right amount of "broke" in order to know how to handle money when you become rich.
    Too broke leads to people splurging to make up on all the things they missed out on.
    Kinda broke leads people to want to enjoy their money a little bit, but are also used to paying bills and responsibilities to know how money works.

  • @leyenda6149
    @leyenda6149 3 ปีที่แล้ว +944

    My man Spencer has a ridiculous amount of integrity

    • @Mac-ze4gu
      @Mac-ze4gu 3 ปีที่แล้ว +21

      He cute too

    • @Benkwash
      @Benkwash 3 ปีที่แล้ว +8

      And money.

    • @theepie25
      @theepie25 3 ปีที่แล้ว +2

      Oh is he just your “man” like you know him

    • @squidwardlongbottom4837
      @squidwardlongbottom4837 3 ปีที่แล้ว +2

      I think you mean tegrity

    • @peperamonrodriguez2981
      @peperamonrodriguez2981 3 ปีที่แล้ว +3

      You make this videos because your audience are all ass broken poor people that love hearing this stuff.. makes them not feel like they got nothing for a couple of minutes. I will start a youtube channel showing eveything I got and everything rich people have and will put up ads on your videos so that your audience has to see

  • @gabrielar9611
    @gabrielar9611 3 ปีที่แล้ว +278

    Wait.... did you put this video out on Black Friday to show me the errors of my consuming ways? 😅

  • @UmarAli00
    @UmarAli00 3 ปีที่แล้ว +145

    Why athletes are broke ,series are very important, Spencer. Thank you

  • @stonergamer4008
    @stonergamer4008 3 ปีที่แล้ว +1046

    Who ever thinks your hating is crazy 😂

    • @cameronjones8818
      @cameronjones8818 3 ปีที่แล้ว +29

      Giving great advice to help is hating jk

    • @shelovet0mmy
      @shelovet0mmy 3 ปีที่แล้ว +29

      @@cameronjones8818 yeah you can’t even give someone a pointer w/o ppl thinking ur crapping on them

    • @_fernadeez_9778
      @_fernadeez_9778 3 ปีที่แล้ว +2

      Nah he just hates on kevo, I love his other content tho

    • @kevinzhu6417
      @kevinzhu6417 3 ปีที่แล้ว +25

      people cant take constructuve criticism, they have too much ego

    • @rawinrith5903
      @rawinrith5903 3 ปีที่แล้ว +5

      @@_fernadeez_9778 u be hatin tho

  • @butteredbread1756
    @butteredbread1756 3 ปีที่แล้ว +289

    AB is lying about how much he has. He can probably pay off the debt he just doesn’t want to. He’s been a troll artist his whole career. No denying he has money problems though

    • @santiagonatividad3443
      @santiagonatividad3443 3 ปีที่แล้ว +29

      Wtf u mean, he broke, he didnt even paid for an attorney

    • @stignatius1625
      @stignatius1625 3 ปีที่แล้ว +74

      @@santiagonatividad3443 prolly cuz he’s dumb as fuck

    • @stignatius1625
      @stignatius1625 3 ปีที่แล้ว +29

      @@santiagonatividad3443 he could’ve gotten free attorneys, not all of them are paid

    • @casimirobuenabista
      @casimirobuenabista 3 ปีที่แล้ว +1

      That's shameless

    • @darrengordon-hill
      @darrengordon-hill 3 ปีที่แล้ว +1

      "Send me money"

  • @CarbonGearSolid
    @CarbonGearSolid 3 ปีที่แล้ว +32

    This man is intelligent, he knows exactly what he's talking about. Lifestyle effects everything.

  • @TheWelta
    @TheWelta 3 ปีที่แล้ว +62

    You're doing great, I can understand how a person that has never had any money in their hands can't be able to manage millions that quickly arrive in their pockets and easily go broke
    Keep it going!!!

  • @jwallE93
    @jwallE93 3 ปีที่แล้ว +185

    Even though I’m not or will ever be a pro athlete, I watch his videos to get free money advice

    • @thestonedhokage9878
      @thestonedhokage9878 3 ปีที่แล้ว +20

      That's what everyone needs to do learn from everyone's mistakes

  • @NAIRxtc
    @NAIRxtc 3 ปีที่แล้ว +50

    they just have their biz managed smartly , like 50 cent filed for bankruptcy and future said he's broke when asked for child support lol

    • @tinker3981
      @tinker3981 3 ปีที่แล้ว

      ...

    • @NAIRxtc
      @NAIRxtc 3 ปีที่แล้ว

      @Un Bothered bruh no offense to anyone even my situation is the same, thats why im hustling on the streets, only difference is imm brown not black

    • @Lovemyfriends1
      @Lovemyfriends1 3 ปีที่แล้ว

      #FACTS

    • @keenanilingan965
      @keenanilingan965 3 ปีที่แล้ว +3

      @Un Bothered She was asking for $53000/month. Fuck that

    • @shantricejones5830
      @shantricejones5830 3 ปีที่แล้ว +4

      "Have a baby by me baby be a millionaire" -50 Cent 🤔

  • @jkay07
    @jkay07 3 ปีที่แล้ว +97

    This is the internet, of course you are gonna get criticized over these videos; it's the provocative title. I bet none of the chirpers actually even watch the full video. Keep making them, it's a great life lesson.

    • @warrentoles3127
      @warrentoles3127 3 ปีที่แล้ว +3

      What's a chirper?

    • @ChibiDeadPool
      @ChibiDeadPool 3 ปีที่แล้ว +9

      @@warrentoles3127 Someone just talking out their necks in ignorance.

    • @warrentoles3127
      @warrentoles3127 3 ปีที่แล้ว +3

      @@ChibiDeadPool lmaoo thanks!

  • @hansonel
    @hansonel 3 ปีที่แล้ว +83

    Financial education is sorely needed to be taught in schools nationwide as a part of core curriculum but until then others are doing great work on how to make, save and invest money.
    Thank you Spencer for making these videos.

    • @Tomi_janet15
      @Tomi_janet15 3 ปีที่แล้ว +2

      Definitely! In schools worldwide

    • @ChibiDeadPool
      @ChibiDeadPool 3 ปีที่แล้ว

      Cant have everyone be so well educated on the principles of money, whos gonna be the slave workers, you know what i mean?

    • @myballsitchsomethingfierce6319
      @myballsitchsomethingfierce6319 3 ปีที่แล้ว

      The problem is discipline and that is taught by the father.

  • @diadiaa892
    @diadiaa892 3 ปีที่แล้ว +18

    *Now I COMPLETELY understand why Anthony Joshua still lives in his childhood home and doesn’t own anything fancy. He’s just being vigilant about not going broke!!*

    • @jonathansoko5368
      @jonathansoko5368 3 ปีที่แล้ว +3

      There's smart ppl out there but it's rare. I know a millionaire who lives with his mother..... They don't spend money unless they have to... Which is why they have so much money. The guy hasn't bought clothes in 10 years

    • @diadiaa892
      @diadiaa892 3 ปีที่แล้ว

      @@jonathansoko5368 okay that might be a bit extreme 😂😂. But I see what you’re saying, whatever makes him comfortable

    • @aggressivelyamicable5987
      @aggressivelyamicable5987 3 ปีที่แล้ว +2

      @@jonathansoko5368 You don't get rich by just saving money. You get rich by increasing your income AND THEN saving money.

  • @btsGaming051
    @btsGaming051 3 ปีที่แล้ว +24

    Don’t stop Spencer, don’t settle.

  • @IDOITTRAVELS
    @IDOITTRAVELS 3 ปีที่แล้ว +43

    Whoa whoa whoa, Spencer! He is NOT one of the best boxers of the past decade. This guy is a buffoon.

    • @sole__doubt
      @sole__doubt 3 ปีที่แล้ว +1

      *Facts

    • @cadewhiley362
      @cadewhiley362 3 ปีที่แล้ว +17

      There was a time Broner was top 10 pound for pound. Definitely not one of the best more like most recognized

    • @gummamuhumza6446
      @gummamuhumza6446 3 ปีที่แล้ว

      @Edit by G he was in 2014. He was number 4 behind Andre ward, Manny and floyd.

    • @gummamuhumza6446
      @gummamuhumza6446 3 ปีที่แล้ว +1

      @Edit by G do your research pls

    • @slimmmshaney5695
      @slimmmshaney5695 3 ปีที่แล้ว

      @Edit by G it was The Ring magazine that had him ranked top 10 P4P. But he was actually #5 and it was 2012

  • @adrianfletcher8963
    @adrianfletcher8963 3 ปีที่แล้ว +20

    Production value is going up! Great vid, Spencer

  • @isaacmcquown
    @isaacmcquown 3 ปีที่แล้ว +43

    the sad thing is a lot of people have the same problem, they reach their early to mid-60s and realize they don't have any money so they have to keep working for the rest of their lives.

    • @qmakesithappen
      @qmakesithappen 3 ปีที่แล้ว +12

      Exactly, this is a universal thing and I see it in some of my family members sadly. I use them as an example of what not to do. I'm debt free, keep my expenses extremely low while earning as much as I can. I've been investing since 2011 and I will continue to do so. If I stick to my plan I should be financially independent by 40 🙏🏽

    • @ChibiDeadPool
      @ChibiDeadPool 3 ปีที่แล้ว

      Most definitely its the most sad of all fates imo

    • @ChibiDeadPool
      @ChibiDeadPool 3 ปีที่แล้ว +3

      @@qmakesithappen You're doing it so right and keep on keeping on, btw what have you invested in if you don't mind?

    • @qmakesithappen
      @qmakesithappen 3 ปีที่แล้ว +3

      @@ChibiDeadPool thanks a lot! I'm heavily invested in VTI & VYM in my Roth IRA and VOO & a handful of my favorite individual stocks in my individual brokerage account. I dollar cost average into whatever is on sale within my portfolio every week. I also have a little LTC from 2016, that's it lol how about you?

    • @ChibiDeadPool
      @ChibiDeadPool 3 ปีที่แล้ว +1

      @@qmakesithappen Well congratulations man, your definitely on a different path then many thats forsure. Im new to investing just turned 20 and have been researching extensively this past year (still have much to learn) I plan on investing into some index funds here soon and Real estate in the future.

  • @Lanaman400
    @Lanaman400 3 ปีที่แล้ว +4

    Only stupid people will hate when facts are spoken! Spencer, you are a legend 🙏🏽

  • @classyal8035
    @classyal8035 3 ปีที่แล้ว +11

    What he said about his channel blowing up in 3 years was mad inspirational. Love to see it man 💪🏽❤️

  • @TommyA1991
    @TommyA1991 3 ปีที่แล้ว +59

    He was ripping up and flushing money down the toilet before his fight with Malignaggi, I had a funny feeling that he would need that at some point.

    • @Tomi_janet15
      @Tomi_janet15 3 ปีที่แล้ว +6

      Wow!! That's sickening

    • @micahjohnsonboxing6409
      @micahjohnsonboxing6409 3 ปีที่แล้ว

      That was promotion to be fair, he flushed a thousand and made over a million for the fight even though it was boring.

    • @TommyA1991
      @TommyA1991 3 ปีที่แล้ว +6

      @@micahjohnsonboxing6409 promotion or not, that was an awful video IMO. It didn’t need that type of promo either, the trash talk between those two was as good as any of the fights at that time.

  • @glenncurley680
    @glenncurley680 3 ปีที่แล้ว +9

    When you work hard for your pay check, you realize how important that money is!
    I started working at age 12, on a farm, driving tractor which I loved at that age.
    First year my Dad said reward yourself, so I bought a motorcycle, which was fine
    because I was 12. That made me realize work hard you can have what you want!

  • @mutomboinprogress
    @mutomboinprogress 3 ปีที่แล้ว +11

    Almost at 100K. It's not too early to congratulate you on that because it's just a matter of time. 🙏🏽👏🏼

  • @stizanley3987
    @stizanley3987 3 ปีที่แล้ว +16

    More money, more problems. The more money some people have, the more they will spend.

    • @asandax6
      @asandax6 3 ปีที่แล้ว

      The more money anyone has the more they spend

    • @arbaazkhan4887
      @arbaazkhan4887 3 ปีที่แล้ว +1

      @@asandax6 umm, not everyone

    • @ceso2410
      @ceso2410 3 ปีที่แล้ว

      The more they will invest*

  • @be.courtney
    @be.courtney 3 ปีที่แล้ว +10

    I never post comments on this platform, but I’m seeing too many negative attacks on you and your efforts to educate everyone. I notice how you have to emphasize your points so people don’t make false statements that don’t line up with your mission here on this channel. These people even go as far as accusing you of discrimination which is petty and arrogant.
    You’re doing an excellent job here Spencer, and I just wanted you to know that you are appreciated. Thank you for the quality content!

  • @Fuegolino
    @Fuegolino 3 ปีที่แล้ว +17

    I remember on AB’s TH-cam channel when he flushed some money down the toilet to show it was nothing to him 😂😂😂

    • @deeznutz8320
      @deeznutz8320 3 ปีที่แล้ว +2

      Yeah that shit made me so mad

  • @GCurtisJr
    @GCurtisJr 3 ปีที่แล้ว +304

    Do “why LeBron won’t go broke” next

    • @Felon4Trump
      @Felon4Trump 3 ปีที่แล้ว +37

      1 player out of how many 😂😂😂

    • @MikeBNumba6
      @MikeBNumba6 3 ปีที่แล้ว +100

      Life time contract with Nike and being one of the best basketball players of all time.
      It damn near be impossible for LeBron to go broke. Only way he could is if his accountants and business partners rip him off

    • @dRILLINaTnIGHT
      @dRILLINaTnIGHT 3 ปีที่แล้ว +17

      @@MikeBNumba6 1 ex wife and 1 baby will do it to him.

    • @pinpon163
      @pinpon163 3 ปีที่แล้ว +47

      @@MikeBNumba6 or he gets accused of rape. There goes that sponsorship, lifetime nba ban as well. But, it seems Lebron is smarter than the avg baller and made some personal investments

    • @CarbonGearSolid
      @CarbonGearSolid 3 ปีที่แล้ว +10

      As long as he keeps those knee pads dirty he'll be okay.

  • @troymiles1164
    @troymiles1164 3 ปีที่แล้ว +14

    Spencer I love how you mix integrity with asshole and charisma 😂 * subscribes*

  • @zayinghui6282
    @zayinghui6282 3 ปีที่แล้ว +14

    It’s because they live at such a high means that after their career they can’t afford to live with all their expenses. They have such giant egos. You don’t need 6 cars.

  • @infamous2123
    @infamous2123 3 ปีที่แล้ว +35

    I’m an athlete and I’m taking in everything he talks about in his videos thanks spencer

  • @ImWatchingYou2012
    @ImWatchingYou2012 3 ปีที่แล้ว +14

    Let them go broke so they’re understand the value of the hard earn dollars.

  • @soufiane4527
    @soufiane4527 3 ปีที่แล้ว +11

    I would be glad if you shared with us a bunch of ressources (online, books etc). Anyway thank you for your time

  • @Live-Life-Freely
    @Live-Life-Freely 3 ปีที่แล้ว +32

    People don't "go broke", nstead, they don't know how to manage whatever amount of money they have.

  • @janny1006
    @janny1006 3 ปีที่แล้ว +118

    Remember when Adrian broner was hating on all those rappers cuz they were buying the new corvette and he was dissin them saying it’s only a corvette

    • @c.s1393
      @c.s1393 3 ปีที่แล้ว +8

      Karma

    • @Iceisthegoat
      @Iceisthegoat 3 ปีที่แล้ว +2

      Corvette is goals he’s trippin

    • @janny1006
      @janny1006 3 ปีที่แล้ว +1

      @@Iceisthegoat them new ones are crazy

    • @Jackaroo.
      @Jackaroo. 3 ปีที่แล้ว +7

      @@janny1006 They're like $250k super cars for less than $100k.

    • @deeznutz8320
      @deeznutz8320 3 ปีที่แล้ว +1

      @@Jackaroo. Indeed they are great cars for their value.
      They can keep up or beat ferrari's which are 150K more

  • @OwolabbyAzeez
    @OwolabbyAzeez 3 ปีที่แล้ว +55

    I don’t even drink tea, but this show is delicious 😰👀🤧. Y’all see Spencer’s video quality has also improved even got some background music. Did y’all know it’s impossible to breathe while smiling??
    Kidding just wanted y’all to smile. Hope you have a phenomenal day. Friendly reminder for y’all to check your bank account on your bank’s mobile app on a daily basis. More often you check the less likely you are to overspend. Pocket watch yourself 😅

    • @FireCaT-
      @FireCaT- 3 ปีที่แล้ว +1

      Damn you actually tricked me I hate you

    • @henry7486
      @henry7486 3 ปีที่แล้ว +1

      Lmao you actually made me smile!

  • @kednicholson5887
    @kednicholson5887 3 ปีที่แล้ว +7

    Dude, I’m loving your new video quality.

  • @RickyHayes
    @RickyHayes 3 ปีที่แล้ว +7

    yeah this is why i don't care about what people have. I always look at life like this, "it is easy to spend money, hard to make money" and with that mindset I have never once gone into financial difficulty because that mindset always keeps me financially focussed and ahead. I find it amazing how people can spend so much honestly, it is just a waste of the earth's resources when we could be fixing world hunger to those who can't even get clean water to drink. I hate that lavish lifestyle for that reason, life isn't about what you own, it is about who you help.

  • @RollingGuy
    @RollingGuy 3 ปีที่แล้ว +4

    I remember when I was in Highschool . My friend was a fan of adrien broner . I remember he showed me a video of him ripping $20 dollar bills & flushing them down the toilet . Adrien said in the video that he makes too much money & only carries $100 bills. I remember watching that video just in shock lol look at him now .

  • @aseanidmiller1238
    @aseanidmiller1238 3 ปีที่แล้ว +2

    Great video money is an instrument for change not for personal gluttony

  • @AB-sy4gx
    @AB-sy4gx 3 ปีที่แล้ว +4

    Thank you for the videos Spencer. Keeps me humble although I don’t even crack $100K. Respect and keep up the great content. - Compton

  • @nancymosby7369
    @nancymosby7369 3 ปีที่แล้ว

    Ur spot on Spencer! Hopefully these ppl will view this content and learn from it

  • @ruipedro4337
    @ruipedro4337 3 ปีที่แล้ว +9

    There's a lot to be said about people calling Spencer a "h8tah!!" for pointing out these truths. In fact, these are such obvious facts it becomes mind blowing these videos even need to be made. And they do need to be made, make no mistake about it!!

  • @GrowWithWill
    @GrowWithWill 3 ปีที่แล้ว +10

    Love these videos and the series. I always think of stories like Antoine Walker and AI when I watch them.

  • @thetruth3499
    @thetruth3499 3 ปีที่แล้ว +24

    If I was athlete I would still be cheap. My mom has taught me over the years that you only buy things that can be useful. It's okay to treat yourself but it gets to a point when buying a lot of things will not bring you happiness. Especially when you end up being broke

    • @bolt7047
      @bolt7047 3 ปีที่แล้ว +2

      Your mom's smart

  • @e.5391
    @e.5391 3 ปีที่แล้ว +5

    Most importantly I like how calm and composed you are when delivering your messages. Character is key

  • @debbiebrown381
    @debbiebrown381 3 ปีที่แล้ว +5

    I remember watching a LL Cool J documentary decades ago. Cool J told the story about buying a car after his first hit. (a Datsun) He said he pulled up to the recording studio and everyone at the recording studio made fun of his new car. It wasn't a Mercedes etc. Cool J said he bought that car because he understood the underlying expenses of his profession and the consequences of over spending.

    • @Enkabard
      @Enkabard 2 ปีที่แล้ว +1

      well those dudes who laughed probably ain't worth 120 million dollars now or never, like LL Cool J is, you gotta respect him for being this wise so early and making it to this level of success

    • @debbiebrown381
      @debbiebrown381 2 ปีที่แล้ว

      @@Enkabard yep, that was the whole point of my comment. :)

    • @Enkabard
      @Enkabard 2 ปีที่แล้ว +1

      ​@@debbiebrown381 ye im just not too familiar with LL Cool J, i know he did music in 80s, but i was surprised googling his net worth so i thought i share that number

    • @debbiebrown381
      @debbiebrown381 2 ปีที่แล้ว +1

      @@Enkabard you're right, those who made fun of him are most likely broke and long gone from the scene, wishing they had spent their money wiser.

  • @akin242002
    @akin242002 3 ปีที่แล้ว +2

    Athletes may hate it, but it needs to be said. The "yes men" from the entourage give them horrible advice and are quick to leave once the money leaves.

  • @charlesmmola3757
    @charlesmmola3757 3 ปีที่แล้ว +4

    Like Kevin Hart said in stay in your own financial, athletes don't respect money

  • @Roberto-REME
    @Roberto-REME 2 ปีที่แล้ว +2

    Excellent video and your messages are spot-on.

  • @jesserhodes7430
    @jesserhodes7430 3 ปีที่แล้ว +11

    I like your wearing dress shirts now, looks classy my friend. keep up the great vids. i dont feel that you are hating with the athlete vids, actually quite the opposite. even the super stars make mistakes like us common folks. it puts a lot of things in perspective.

    • @PrincessDie187
      @PrincessDie187 2 ปีที่แล้ว +1

      Yeah it's hot, keep wearing them!

  • @ahriik
    @ahriik 3 ปีที่แล้ว +1

    I think the majority of your regular viewers are with you 100%. I don't think you need to explain yourself to the kinda people who probably won't listen to reason anyway.
    Keep it up, I love these videos! Very solid information and presentation.

  • @christieomojo
    @christieomojo 3 ปีที่แล้ว +14

    I love the athletes and musical artist videos keep them coming 😀

  • @JingDalagan
    @JingDalagan 3 ปีที่แล้ว +1

    Taxes can break you. I only remembered after you showed a photo of Broner with Pacquiao, a man almost bankrupted by allegations of tax deficiencies (and the penalties that follows as noted in the Spouses Pacquiao case)

  • @charliepalmer3244
    @charliepalmer3244 3 ปีที่แล้ว +6

    Remember when he was, "About Billions" 😆 I love Broner, because the Maidana fight was one of the best moments in boxing 🤣

  • @winstonsmith77
    @winstonsmith77 3 ปีที่แล้ว +10

    Spencer please make a video about the problem of tax evasion.

    • @leyenda6149
      @leyenda6149 3 ปีที่แล้ว +5

      Better yet, the impact of dipping out on your student loans

    • @winstonsmith77
      @winstonsmith77 3 ปีที่แล้ว +4

      @@leyenda6149 In my country the colleges give generous scholarships and most parents pay for the tuition. Also I think any government shouldn't give loans to majors in drama , history and all that shit.

  • @akaspon1
    @akaspon1 3 ปีที่แล้ว +4

    Great content....love the sports athletes and music industry financial videos because we can all relate as fans of these people, and in our own lives. I would never worry about "haters", that's literally what they are alive to do...cast doubt/hate because they don't know any better and these messages aren't for them. Keep up the good work!

  • @Qrich3killa
    @Qrich3killa 3 ปีที่แล้ว +2

    DWAYNE HASKINS.. CUT FROM WASHINGTON LOL.. YOU CALLED IT!!

  • @aguyfromnz537
    @aguyfromnz537 3 ปีที่แล้ว +4

    Social media has absolutely made society worse

  • @6anonymous9.
    @6anonymous9. 3 ปีที่แล้ว +10

    If only they choose to live as medium income people in a place with normal standard of living, they would be rich till they die.

    • @Dan-1031
      @Dan-1031 3 ปีที่แล้ว +1

      Or just invest on things that make them extra money so they support their wealthy lifestyles by investments they made

    • @Dan-1031
      @Dan-1031 3 ปีที่แล้ว +1

      I would prefer my option and it’s what a lot of athletes do like Tom Brady who made his own fitness company

    • @deeznutz8320
      @deeznutz8320 3 ปีที่แล้ว

      @@Dan-1031 And married a supermodel with more money than him

    • @Dan-1031
      @Dan-1031 3 ปีที่แล้ว

      @@deeznutz8320 and then have 0 cash so all your wealth is tied to stock so you don’t have to pay taxes ever again!

  • @PInk77W1
    @PInk77W1 3 ปีที่แล้ว +3

    I’m a high school drop out
    I made $54k last year
    I bought my house cash
    I never used drugs
    I don’t drink
    I don’t smoke
    I have zero debt.

    • @af98
      @af98 3 ปีที่แล้ว

      What do you do for a living?

    • @PInk77W1
      @PInk77W1 3 ปีที่แล้ว +1

      @@af98
      I retired tree supervisor and now I work full time for auto parts delivery.

    • @StoryTime333
      @StoryTime333 3 ปีที่แล้ว +1

      What state do you live in? Reguardles, all of that seems great! Congrats.

    • @PInk77W1
      @PInk77W1 3 ปีที่แล้ว +1

      @@StoryTime333 I live in the very center of Texas.
      The sticks

    • @potatoknishes5860
      @potatoknishes5860 3 ปีที่แล้ว

      That would never happen in California 😂

  • @donaldbethel7317
    @donaldbethel7317 3 ปีที่แล้ว +1

    People will hate you when you talk the truth I learned it from you brother keep up the good job

  • @pedroviana7541
    @pedroviana7541 3 ปีที่แล้ว +39

    The fact that Dwayne Haskins got released just makes this even better

    • @Paul-vf2wl
      @Paul-vf2wl 3 ปีที่แล้ว

      Steelers signed him but for 1 year at the league minimum

  • @lasingle24
    @lasingle24 3 ปีที่แล้ว +1

    To profit off the misery of others because any enterprising opportunist knows the population is unhappy and thrive on drama.

  • @TrayLittle
    @TrayLittle 3 ปีที่แล้ว +3

    I love these videos. The people who are saying you’re hating are just making excuses and can’t handle the truth.
    As an independent artist I do it full time and if I wasn’t living financially responsible I wouldn’t make it. I have to keep my overhead as low as possible to also have money to live off of and reinvest.
    Building up multiple streams of income for me has helped me do what I love without being a super famous rapper. Managing finances is everything when you’re trying to trive in any business

  • @user-rt7lr4sg4b
    @user-rt7lr4sg4b 3 ปีที่แล้ว +3

    Keep at it man I love this topic. I remember I was thinking man I would love to see more of this content if not I just might have to create some haha

  • @justinhenryrebel
    @justinhenryrebel 3 ปีที่แล้ว +1

    The problem is luxuries once tasted become a necessity …they aren’t thinking investing first

  • @sakhile_nkomo
    @sakhile_nkomo 3 ปีที่แล้ว +5

    Ironic how 'Spencer money' sounds the same as 'spend some money', and yet Spencer is one of the most frugal and money-conscious people I've ever seen😂

  • @thonyarrieche
    @thonyarrieche 3 ปีที่แล้ว +1

    You're brilliant. Hopefully, this content reaches your goals and we have fewer sad stories from broke athletes. Keep it up!

  • @MikeBNumba6
    @MikeBNumba6 3 ปีที่แล้ว +15

    Where's the "why youtubers go broke" videos? 😉

  • @shon7425
    @shon7425 2 ปีที่แล้ว +1

    I'm even learning from your videos Spencer. Thanks

  •  3 ปีที่แล้ว +3

    I read a lawsuit divorce in class the wife was asking for 1.5 million a month, I read the filing their expenses are high, they pay for maids, drivers, pool-gardeners, private school, cars, maintanence, etc... etc... Personal assistants.

  • @YTB69
    @YTB69 3 ปีที่แล้ว

    Bro your new lighting and backdrop is making the content so much better. Hundred times better 💯

  • @scottthompson3493
    @scottthompson3493 3 ปีที่แล้ว +9

    I’ll have a higher net worth than Adrien Broner in 5 years by working my blue collar job and living smart.

  • @ayoubsiraji3714
    @ayoubsiraji3714 3 ปีที่แล้ว +1

    Spencer you defenitely killing it from the finance aspect.... but when you talk about investing you only break down the assets such ( stocks..) we would love you talk more about health aspect, the brand, how to use fame to build businesses... that would be helpful.. cuz we know the problem we want solutions..

  • @snmalki2363
    @snmalki2363 3 ปีที่แล้ว +3

    Yk Osiris i know u watching this shit u be moving smarter lately

  • @drogonkarma
    @drogonkarma 2 ปีที่แล้ว +1

    Bro don't listen to people hatin. These videos help me stay away from social media, I don't need to spend half of my income to get a few likes from assholes I don't even remember. Keep the good content man

  • @ROHIT-sl1ri
    @ROHIT-sl1ri 3 ปีที่แล้ว +4

    Bro you are inspiration for me❤️

  • @paulbroderick8438
    @paulbroderick8438 3 ปีที่แล้ว +1

    Sexual assault, $800,000 reward? Some woman would claim that just looking at them cam under this definition!!

  • @zero1188
    @zero1188 3 ปีที่แล้ว +6

    stop living above your means when you have alot of money problem solved

  • @TrustTheLordASAP
    @TrustTheLordASAP 3 ปีที่แล้ว

    This guys charisma mixed with the frequency of the background music is physiological but none the less very informative to the layman. Much appreciated.

  • @Andre_Jordan
    @Andre_Jordan 3 ปีที่แล้ว +5

    Mayweather seems to have found a balance between the two worlds. I'd say he started that modern flashy trend difference is he can back it up.

    • @Tomi_janet15
      @Tomi_janet15 3 ปีที่แล้ว

      Good point

    • @TexasMade903
      @TexasMade903 3 ปีที่แล้ว +3

      That's the point Broner wanted to be like Floyd but doesn't have the work ethic.

    • @kabohakevin4103
      @kabohakevin4103 3 ปีที่แล้ว

      Mayweather lives within his immense means. But he got there by discipline first. These guys want to live like they have 100m in their accounts while having a 5million networth . They spend it faster than they earn it.

  • @kevinmccarty7594
    @kevinmccarty7594 3 ปีที่แล้ว +1

    New camera looks great. Keep it up Spencer

  • @imnotsurewhy
    @imnotsurewhy 3 ปีที่แล้ว +3

    That title gave me a freakin stroke

  • @TischTosh
    @TischTosh 3 ปีที่แล้ว +2

    Very few people talk about the effects of competitive sports on the brain, and therefore judgement/reasoning skills, the ability to delay gratification, planning ability. Clearly they are gifted in some ways. But repetitive falls and head injuries take their toll. It can be really subtle in youth, or masked by other bad habits or bad actors in an otherwise basically good athlete's life.

  • @lesedi428
    @lesedi428 3 ปีที่แล้ว +3

    I honestly enjoy these type of videos because in my country (South Africa) most of our athletes end up becoming dirt broke within a few years of retiring.
    So these videos really help me personally understand why and how this can happen when they were making millions yearly

  • @ArthurTheAce
    @ArthurTheAce 3 ปีที่แล้ว +2

    It’s good to learn from your mistakes, it’s better to learn from other people’s mistakes

  • @trenton8089
    @trenton8089 3 ปีที่แล้ว +10

    And he kept asking me, "What kinda car you drive?
    I know you paid, I know y'all got beaucoup hoes
    From all them songs that y'all done made"
    And I replied that I had been going through the same things that he had
    True, I've got more fans than the average man
    But not enough loot to last me to the end of the week
    I live by the beat like you live check-to-check
    If it don't move your feet, then, I don't eat, so we like neck-to-neck

  • @zaydropumoff8312
    @zaydropumoff8312 3 ปีที่แล้ว +1

    Your vids really help me thanks

  • @topchannel-qx4me
    @topchannel-qx4me 3 ปีที่แล้ว +6

    Let me tell you something he is not even 1 of the best boxers of this decade spencer he just earned a lot of money but that doesn't mean he's 1 of the best of this decade not even close

  • @andrespineiroc
    @andrespineiroc 3 ปีที่แล้ว +1

    What a great video and the quality of your videos is going up every sec, thanks for doing what you do! Great stuff

  • @kelvinreyes64
    @kelvinreyes64 3 ปีที่แล้ว +3

    The rich dress modestly and invest 15-25% of their income and the poor attempt to dress like the rich. “The millionaire next door” book 📖.

  • @JusdoinstuF
    @JusdoinstuF 3 ปีที่แล้ว +1

    You're not a hater, you're an educator! Don't let ignorant comments get to you.

  • @sole__doubt
    @sole__doubt 3 ปีที่แล้ว +3

    He wasn't asking for $13, he said he only had $13 and is $800k in debt. Otherwise great video.

  • @split_jcgg9613
    @split_jcgg9613 3 ปีที่แล้ว

    My God this channel is Gold.

  • @questionmark1152
    @questionmark1152 3 ปีที่แล้ว +4

    if you really think he only has $13, you're a fool.

    • @TehMr
      @TehMr 3 ปีที่แล้ว +8

      With Spencer's video's, we are working with the information presented since that's where the public draws their opinion and basis the facts on it

  • @mrlaydback11
    @mrlaydback11 3 ปีที่แล้ว +1

    It's a financial iliteracy problem. No different than student loan debts for useless degrees. Schools don't teach athletes about financial and regular student are not taught about their student loans.

  • @codyrobinson22
    @codyrobinson22 3 ปีที่แล้ว +3

    People will say you are “Clout Chasing” making videos like this though lol

  • @sanjek
    @sanjek 3 ปีที่แล้ว

    You do good work, great videos and very helpful for professional athletes, I hope they watch your videos

  • @PatrickdaStarr
    @PatrickdaStarr 2 ปีที่แล้ว

    I’m glad you make these videos. People really need to change their mindset and become more financially literate.