10 Money Secrets You Won't Learn In School
ฝัง
- เผยแพร่เมื่อ 5 ก.ค. 2024
- In this video, I’m going to share with you ten money secrets school most likely never taught you. Enjoy!
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#Money #School #Wisdom
Timestamp
(1:00) Correlation between emotions and our money
(2:18) Multiple Income Streams
(3:06) How to Build Your Credit
(4:15) Saving
(5:20) Haggling
(6:03) Managing Debt
(6:52) Retirement
(7:23) Passive Income
(8:16) Compound Interest
(9:15) Assets are the key to wealth
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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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🎯Hey Guys, if you're interested. You can get my free Beginners guide to passive income here: www.incomeacceleratoracademy.com/opt-in-guide
Nobody becomes a millionaire or a billionaire by working for others and depending on them. Good investment brings millions of dollars and consistency brings billions; the market is all about bitcoin at the moment.
Well, Investment without an adequate knowledge on whatever you're investing in, is a total wait of resources and time. One should first strive to gather enough knowledge in any field he or she chooses to invest in.
@@sharondennison2621 you're very right. A lack of the require skills and knowledge is disadvantageous to any kind of investment. It shouldn't just be about investing but making profit too.
Investment is paramount but doing it rightly comes with extra blessings and dividend
Speaking of investing, forex trading is the best business in the world right now with the ever raising amount of bitcoin. I know a couple of friends who makes a lot of money weekly trading the financial market
For anyone building for posterity I think crypto is the next gold but the problem is scammers are everywhere.
“Formal education makes you a living, but self education will make you a fortune.”
- Jim Rohn
*Great video. We all strive towards financial stability and a better life. It is easy to achieve this through the right investment, by living frugally and budgeting. I’m glad I learnt early in life to work hard for financial freedom*
This is just the right information towards financial freedom as well as wealth creation. For so many years I thought working for other people was the only way to live comfortably, but I came to think differently when I started working with *Donald Nathan Scott* (a registered financial adviser residing in United States). Now I earn monthly from my investment with him
For anyone to be financially free with a passive earning source which exceeds your expenses, you need to ingrain. It’s not just watching videos and reading books anymore but for positive results, work with an expert. I used to think that I can make more money on my own without any loss, but I had better luck working with a *financial advisor* . I’m glad I choose to work with *Donald Nathan Scott* and I have no regrets with my decision.
@Cattaneo Rita As to get more information on suitable investment you could engage in. You can easily find the Investment Professional (Donald Nathan Scott) on the internet where you can easily reach out to him. Do your research using his full names as mentioned.
Personally, I’m blessed and realizing I’m not the only one working with Donald Nathan Scott I will consider myself lucky. I’ve been able to feed and make a living through his advice and great work. For such a person as Donald Nathan Scott, we owe him gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn’t just wise but has all it takes to handle an investment and is good at what he does.
Having a good financial planner is like having a mentor . I was loosing my money trying to invest on my own but it was different with *Donald Nathan Scott* . He has played a great role in improving my finances. Long before now, I relied solely on my work and salary. Right now, I have a way of making much money and without stress so I quit working for others . Honestly , investing isn’t a choice anymore but a *MUST* for anyone who wish to gain access to a good and an independent life.
if only we knew this before starting the jobs, i learned the hard way...
Investment is what i found fun doing, it's changing lives.
Doing that with an expert it's promising.
@@fami1559 investment takes you from zero to hero
For me the best I have succeeded in Forex trading is by trading with an expert Mr Johnson, he has helped me earn such in life, $32,560 was my first huge profit
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@@natak6893 That's just all you have to know about this trading, investing with a professional is the best you can do for you self, he is indeed a professional.📈📈📈📈📈📈📈
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School teaches us how to be employees and youtube - how to be financially free!
A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. You need to keep raw, irrational emotion under control
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case
It’s not how much money you keep, but how much money you make, how hard it works for you, and how many generations you keep it for
Interesting, most people don't understand the market moves and tend to be mislead in facts like this and always depend on money in the bank. Very bad idea
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how and where to invest in?
Great insight, this is really helpful at times like this
Most people learn financial literacy when they are out of school and broke. Building multiple sources of income is easier now with the internet. Like 👍
How?
I wish they would teach financial literacy from kindergarten. Its so important.
Oh. This is a bit of a stretch. Seriously? Can’t these kids have a childhood first? Don’t ever be that evil again, my friend!
Why not around high school instead? Kindergarteners need to act like children
Thank you good lesson to learn about money thank you sir.
It’s intentional that they don’t. How else to create legions of pleb wage slaves and debtors?
Very very
To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make wealth.
Wise spending is part of wise investing. And it’s never too late to start.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich.
The person who starts simply with the idea of getting rich will succeed also you must have a larger ambition,every once in a while, the market does something so stupid it scares you away
@Redmond white A friend suggested i should invest for the long haul, i shouldn't get too greedy and don't get too scared, but the problem is that i don't really have any clue on investing.
@Redmond white Please can you connect me to her, any number to reach her?
Psychology states " People struggling with low esteem, depression prone to splurge over unnecessary , expensive shopping".
10 money secrets we SHOULD LEARN in school
hi
They will never teach this in schools they want the masses to be uneducated.
Long time ago, back in the 1950's my grade school taught us how to and encouraged savings [+government bonds], compound interest [good grief, in 1st grade!] and tracking spending habits, aka expenses. People need to understand the difference between emergency savings / investing funds vs. retirement accts.
Thank you for the video. Rich content, basic and straight to the point 👌🏾
I remember I did a tutorial on financial literacy, my students were hooked!
Money is taboo in school 😕
If you go to college, business majors are taught about how compound interest works, IN ADDITION to a related topic: how mortgages and car payments are calculated, (things you buy over time,) and are mostly interest you pay early on. A marketing major who takes a "Pricing" or a "Retailing" course will learn about the correlation between emotions and money. (A retired business prof.)
Thank you!! I don't know where this "I wasn't taught this in school" comes from.
I could also quip myself, "they didnt teach us about pandemics in school". Truly, they might have, but you can rest assured I wd hv bn sleeping in those lessons. 🤣🤣 So I'll never say it wasn't TAUGHT.
there's a lot 'school' doesn't teach us..looking back I feel like I have so much to learn at 37
This is one of the most prudent, pragmatic video i hv ever seen .
Great endeavour.
So happy for the internet and the valuable money lessons we can learn there because it’s not taught at school! Great video, loved this!
If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams.
Investmemt is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing while the poor stays poor by spending like the rich yet not investing.
Investing is seriously helping lives! Especially after this pandemic that almost rendered most people poor
Yes, working on my minimalist live and saving more to invest.
Everyone’s been talking about investing this year but no one has mentioned" how to"do that profitably.
I would really want to cause I’m new to all this and I’m very interested to make a start
'What we buy is based on how we feel'. Yes, hungry.
But do you have to buy filet mignon if you're hungry ?
1:27 that is true, we used to drive from one city to the next and all day selling books to pedestrians in the town center. When our group leader had a bad day and couldn't sell the normal quota of books he used to buy himself things like a new Samsonite case or new clothes.
Whatever I learnt in 40 years in nursery then school then college then university all is nothing negligible compared with what I've mastered in 2 years on TH-cam. Super Duper Phenomenal awesome fantastic excellent highly informative knowledge wisdom on TH-cam
TH-cam can teach a lot than schools and colleges
Every state should teach financial literacy! Thanks for the video.
So true super Duper Phenomenal awesome explanation
You made me a responsible person in the family again,thank you @Rapidincome100 I’m so glad to be able to pay bills independently
This is great!
👍🤩🤩🤩Good video I love this, 😃😃😃nice to learn 👏
It is really cool
But do you apply it for yourself if so, how Mach capital do you have
Every math teacher needs to play this 10 minute videooooo
Most of this IS taught in school.
But even if you missed those classes, there's finance education all over the digital space now. "React proactively".
What school did you go to?!
Some people don't enroll in classes nor attend, then blame a school or teacher for not teaching them 🤦🏾♀️
And do so while holding a connected device in their hands 🚶🏽♀️
Yeah ur smart...I like to think the student will come to the teacher when he or she is ready...so by the time individuals who were forced to study medicine specifically are broke and want to learn about money in there 20s looking back at it they feel cheated cause for majority of people school was to be able to make money in future
I've got the info. Now I need the money. So have to get a job!
Saving money is an old way of thinking. Especially since money is not backed by. Anything (gold!!).
I agree. Saving money is supposed for emergency purposes, but if you're rooting for growing the value of money over a period of time, it's better to invest it than to save it. Investing can come in different types and forms and there are also different rates of how your money can grow in value over a period of time.
Being taught ways to help solve a problem in school could help 🤷🏾♀️
Not with finances
I hope school will introduct financial subject!!🙏💯
All the financial literacy you need is right here.
I Enjoy This Video 📷📸
Can i ask if you already have investment can u still invest in other?
Saving is the act of setting aside money you would rather not spend now for possible use in the future. Investing is the other kinds of investment tools with an outlook that their value will grow your money. While saving means setting aside part of today’s money for tomorrow, investing means putting your money to work to potentially earn a better return over the longer term.
Good advice must be purchased. The purpose of a nine-to-fiver is get money to invest
There's no point saying "I wish..." anymore.
I'm in my early 20s. I'mma use this opportunity to teach it to the lil' ones...and learn from it.
Yeah qq
Once we understand taxes we can reduce them legally
Once we understand school fees are a liability than an investment/asset then we will do things differently to able children for education and social engagement.
We'll pay less and make more
Smashed the like button on this . Several intelligent people are terrible investors because they face the market with untrained psychology and untamed emotions. . You need to keep raw, irrational emotion under control.
Really wish I knew what I know now several years ago in my early 20's.
Investing today is priceless because tomorrow isn't promised, trading bit-coins, gold, silver and crypto secures a better future financially.
@@logansmith9152 This is very true.
How many wealthy people or billionaires became wealthy by wages and salaries or by saving in a bank account? You don't even know one right?
funny enough they don't know how the fiat money keeps losing value.
Our global economic value just keeps declining. Dollar will soon not be the safe haven.
Money is like a seed. It doesn't turn into a fruit if you don't sow it. That's the only way it will grow. Keeping your seeds in your barn will only make you poor during the next harvest.
With that said. I guess I've explained it all..
Having multiple streams of passive income and investing rightly is what guarantees financial security and stability.
To be rich understand investing and take advantage of tax benefits.
Good video. However, Personal Finance is taught in school and has been a requirement to graduate in at least 21 states. I know. I've been teaching Personal Finance for over 13 years in the classroom.
Thank you!
I didn’t get these classes during high school
My desire is to start a school or institution dedicated to teaching financial literacy year-round to prepare our youth and young adults for financial and entrepreneurial success in life.
I just bought a house cash 💵
Congratulations!!!!🎊🎉🎉🎉🎊🎊
I learned this stuff from my business and investing parents. If they taught me anything, it was money and ROI... I was lucky. This is one of the reasons the rich stay rich, is financial literacy.
This is it.
Wrong! I invest my 30% ($6,000) into my Roth IRA. Than I save 20% as my expenses are nearly 50% (i spend the $666.34/year difference on wants). Minority Mindset recommend 50/30/20 spend/invest/save.
Sometimes I go to the grocery store and just buy stuff I like, just to feel better!...and then eat some of it when I get home. SO BRAINWASHED! 😫
Wait, did people actually learn about money in school? 😅
No
@@juliezimmi9850 as a teacher, i havent come across this very effectively. Martin Lewis has been campaigning to parliament for years to integrate financial literacy into the UK national curriculum.
So, when young people make money, they know how to manage their money well rather than go into debt.
Yes. How do you think the financial pros learned it?
NO! Not at all
Ngayon alam ko na ang english ng tawad. "Haggle"
Do governments and schools see the potential of financial education with kids and young adults a threat because they won't know where to get their money from?
Why I have to get in debt to have a great credit score... That is the most stupid consent, has to be a for-profits institution idea right.
it really works our for me get my ex back
I can help you out
➕1⃣2⃣0⃣4⃣5⃣0⃣0⃣1⃣6⃣6⃣2⃣
Interesting information - but poor quality spelling in certain overlays.
Where is the guy' pointlist
I didn't know haggling was a pro to growing wealth. Im just a bit of a cheapskate 😬😂
The space gray iPhone Is more money? That’s a straight up lie! 🤣
probably if school doesnt teach us this "skills" they may dont know how to do it correctly i guess
I'll tell you what....I ain't tapping the like or subscribe button until I watch your video completely and think critically about what you are talking about so don't tell me what to do!
School teaches you how to spell. Proofreading is your friend.
I say learn to understand money...don't make getting money ur prime focus
Hey
Where does family play a role? Who do you think the rich learned from?
You made the happiest I’ve been since this year began,thank you so much @Rapidincome100 my payments just got in thank you
To be rich you need to lose yourself in work hard and smart and then you will find yourself.
Governments make money through taxes
Schools make money through school fees
Guyzz if I talk about money or getting rich when I'm elder thn my teachers , classmates and other ppl around me say that am a greedy + fool running behind money .
But my doubt is why do they come to school just to be slaves for money ri8 ?
I'm in grade 10
Do not feel bad chances are they themselves do not know anything about financial freedom and maybe are currently broke. Yeah you are right schools do strictly teach us how to be an obedient slave and follow your master blindly
@@animenomad4186 Tq bro for supporting me.
180th like 😅
4 dabloons
👍🏻
Where do I invest my 10 grand that's give me 7percent???
as a sigma male, i dont need this.
Investing in crypto is a more lucrative way of making money
Absolutely right , I got 70% of my total portfolio in crypto and I have been making good profits
I wanted to trade crypto but got confused by the fluctuations in price
That won't bother you if you trade with a professional like Mr JohnBill
I heard that his strategies are really good
Yeah
My first Investment with Mr Johnbill made me profits of over $24,320 US dollars and ever since then he has Been delivering
You can deal drugs after work, and if you have kids they can sell it to their school mates
Trading bitcoin for profit is actually a universal cryptocurrency trading strategy. It can be used to trade any of the 800-plus cryptocurrency available to trade as of today.
Thanks for watching
I will advice you to invest wisely in bitcoin with a trusted broker...Alice Watts she’s highly skilled and fully understands technical analysis and repetitive elements of bitcoin trading.
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she is available on whatsapp
Its natural to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested, expert-suggested investment strategies that can help you weather the current crypto storm. In 6 weeks of shorting and trading with signals directly from David Walter, I have been able to accumulate 11 btc despite the state of the market.
you can write him on TELEGRAM...
@Dav_signals
the system we live in doesn't have an interest in people getting proper financial education because people would see it through, how are they being taught to slave away for the system and stop applying for jobs, if they realized it's pointless. Instead the system (banks,corps,government) keep people brainwashed and it's very sophisticated - if you belong to worker class and you are surrounded by other poor mentality people it's self-sutainable to keep you poor. Your parents will tell you theres social security, that job is secure and only way to make money, and they want you to have family- aka manufacturing more slaves for the system and gettting in debt so you keep running...it's crazy. WHen you die you get easily replaced by another rat stuck in the hamster wheel.
You can’t become a lawyer or doctor without school. I’m tired of these financial planning channels acting like school is useless. Often, the channels reflect a lack of critical thinking and analysis that good schooling brings. I agree that financial literacy is important, but let’s not pretend like people who graduate top of their class and become neurosurgeons have somehow failed in life because they took schooling seriously.
Even Doctors and lawyers can use financial literacy to increase their wealth. Financial literacy free you from trading time for money as a professional or non professional.
Background noise!! I am outta here!!
Buy some Safemoon Inu crypto ( SMI)