🎧To listen to the AUDIO version of this book for FREE check out Audible below. Sign up for a 30-day Free trial to get 1 book for free(any book). You keep the book even if you cancel before the trial ends. 👉amzn.to/3kS1eNH I personally have been using AUDIBLE for over 5 years and it is THE BEST app on my phone. I can listen to books while I am going somewhere, walking in the park, or doing some boring job :) P.S. I personally use and recommend the AUDIBLE PREMIUM PLUS option. It gives you 1 credit every month which you can use to buy any book regardless of how expensive the book is.
The best advice I EVER received is “Business is a path to wealth” and “Purchase assets, not liabilities”. Hands down, best advice. I live by this and my business is now an asset to me and I’m slowly working towards purchasing more assets such as buying out competitors, purchasing rental properties, and looking at other passive income revenue streams
greetings to everyone, excellent video and excellent books, the book Astro Money Alchemy is worth mentioning, a book that gives so many mystical secrets of money that it is unreal, so all the recommendations, and well done for the video
I love how you take your time to educate your viewers 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
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I am a paraplegic living on SSDI. Life is getting harder with inflation and my limit income. I appreciate these videos. Ideas I am able to apply makes me look forward to future possibilities.
0:19: 💰 Lessons on self-improvement and financial success. 3:53: 🗒 The importance of accepting the worst outcome and overcoming the sunk cost fallacy. 7:25: 💰 The speaker shares personal experiences and lessons about studying, creating a TH-cam channel, understanding assets and liabilities, and automating money management. 11:20: 💰 Automating financial tasks is crucial for success and avoiding costly mistakes. 14:18: 💰 Understanding the cost of starting a business and the importance of getting rich young. 18:08: 💭 The importance of thinking big and considering long-term investing. 22:37: 💡 Thinking big leads to doing big things and having big things. 25:11: 💡 The importance of considering all factors when calculating hourly wage and creating your own luck. 28:50: 🌟 Personal transformation leads to achieving financial goals and becoming a more confident individual. Recap by Tammy AI
The end summarizes the entire idea behind self improvement in a subtle way and that’s what I’m all about. People always get confused when I tell them that though I’m currently not financially stable, I prefer a healthy lifestyle over money. It’s mostly about the lifestyle… money is just part of it 💯👍🏽
Is this an opportune moment to invest in stocks? What's the expected recovery timeline? I understand that many people believe equities are currently undervalued. However, there are strategies in play in this market that aren't easily accessible to the average person. Should I consider alternative investment options that may be more suitable for me?
It's not your fault, lacking expertise in bear markets limits profits. Experts with experience from the 2008 crisis excel, using long-short trading, profit strategies, and risk management to thrive in turbulence.
I'm not usually one to make recommendations, but there are numerous freelance wealth managers available. I've been working with "Stacie Lynn Winson" for approximately four years, and she has delivered solid returns. If she aligns with your preferences, you might consider her services.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
My advisor is “ Margaret Johnson Arndt’ highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I rarely comment any video no matter how good it is. But today I just have to. I love the way you speak and ask questions. It really makes people to stop and think about your words. Well done. ❤
The end of the video made me emotional in a good way. I’m working so hard on personal development and I’m changing my habits. I’m thankful that I surrendered to change and this new phase in my life ❤
I have been in medicine for 17 years (studied for 13 years, then became a doctor and a teacher at Med.Uni) and it was a quite successful career. Then, literally, in 4 months, rethought everything about my life and gave up on medicine. Everyone was shocked😁 But, I am glad that I did it. I feel like I am breathing and living MY life, living who I am. I can feel that I started to dream again. I was shocked to realize that, along the way, I forgot how to dream. It took some time to practice it again)). Now I am full of ideas, and living my life as I expect, not my family or someone else.❤❤❤
I absolutely LOVE this concept. So many wonderful books that I would love you read, yet my brain is too busy to focus much energy to this 😞. Extracting the precious knowledge to share the key points is absolutely priceless. Much success to you, you are brilliant ❤️
Thank you.. simple and clear and a reminder.. whst i love is how yiur journey transitioned from a pursuit of money to realising that what counts in life is actually who we are inside and being who God made us to be
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
*Cioffibrown Alison’* is the licensed fiduciary I use. he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me he strategy works hence my result. He provides entry and exit point for the securities I focus on.
I was actually having a "sunk cost fallacy" dilemma, where I'm in a job that I'm not really passionate about but pays well, and studying towards a career in what I really want would mean starting from scratch. But now after watching this, I have more clarity and confidence in what I should do next! Thank you for this video 👍
Im very fortunate that I dont suffer from the sunk cost fallacy, when I shared my idea of dropping out in the middle of the semester to start in the right path of business journey, a lot of people understood me and supported me, but they said you should finish with what you’ve started, I told them that no, this is a waste of time blah blah… They still believed that you shouldn’t had wasted all your academic efforts.
If you were able to withdraw in time, the alternative is a failed class. You'd still owe the tuition and maybe not even be able to take those classes again, not to mention the pain on your grade. Im glad you found success, but really were talking about a couple months or weeks in cost, so my opinion is this is a bad message to send to people on the fence.
@@TheRealKimJong-Il time is precious and I don’t see why would I spend it on something that I’m certain will not improve my life, set of skills…etc I knew I could invest my time better money knowledge, income skills... I certainly took a different route that most might think is risky, but thats what success demands.
@@luisasterioquerubin6829 well then I sincerely wish you the best if pursuing multiple degrees is what you want, i didn't want anything related to academic so I stop it, different story...
1. Don't love below your mean. Expand your means. 2. What is the worst that could happen 3. The wrong mountain and the sunk cost fallacy 4. The difference between an asset and a liability 5. Automation financial tasks 6. Cost of earning more money 7. Get rich young 8. Think big 9. Money equals life energy 10. Create your own luck
Thank you, I am really happy for the last bonus lesson, it made me feel emotional listening to it. Thank you a lot, you are my mentor, I watch your videos daily.
I highly recommend this video. It resonates to mostly of things that I have been doing in my life for the past 25 years. Its working for me and I think it can work for you too.
We’ll done video!! I’m mainly liking, subscribing, sharing this video, and leaving this comment because you simply got to the point, packed every second with value, and didn’t ask me for anything. I want to help creators like you to shift the culture of the YT community to make more videos that meet this criteria. 👏🏾👏🏾👏🏾👏🏾 bravo!!
i love how you explain your points... they are usually relatable to my situation❤❤ but also please try to reduce the amount of ads placed, they're somehow distracting
I think you're right. Get rich young is very important, I figured it on my own years ago. Another thing, you say no one enjoys cutting costs but...of my own experience you can learn how to enjoy it. Another but is - learning it is no good. Once you learned enjoying cutting cost you focus on it, you become cheap and pursue other goals less.
I love these lists! I’m not wonderful with money management. However, I’ve had about 13 different monthly bills pop up on my calendar. I instantly press maybe 11 buttons, and pay them! It’s been a decade now, and every single payment has been a few days early… it’s weird she seemed so adamant you’d fails no matter what 😂😅
I work in bank, people forgets and accident happens. The late payment charges of $100 + daily interest of 0.07% is not worth it. Automate anything that does not require extra fees or low fees is also good for your mental health and saving time. Your case is different as it might even be be beneficial as a reminder of cost of life. But other people should automate cause late payment fees really upset a lot of my clients no matter how rich they are.
I love your way of putting such ideas from diff books together…. Your way is incredible… thanks for the exceptional helpful content … take my thanks and thumbs up 👍🏻
great & amazing lessons Its not about the Money its about the person that you become in process So enjoy the journey not the destination & Business is Great of all Time life changing game
I use my credit cards for EVERYTHING (so easy now that most shops prefer contactless for almost everything) and pay it out completely every month. Not only do I not pay interest, but all my cards are connected to a Rewards programme. The Rewards usually cover the card fee charges. Example: my AMEX costs $450.00 a year. The points I earn buy me around $900.00 in rewards and then some. I have all my Rewards cards from retailers linked so, for example, when I use my AMEX at Woolworths, I earn a minimum 2 points per dollar spend. Might not sound much but it lets me buy a couple of cases of wine a year. I taught my son the simple "Richest Man in Babylon" rule. Save 10% of ALL your income. He has learned the potential of Exponential Growth. Wish I had at his age!
Just got to know how to use the information it’s just strategies they’re teaching you to get you thinking. They won’t tell you to cut grass to earn money they’ll say think of ways to utilize the people around you to help you reach your goal.. you still have to figure it out
And thats probably what keep everyone who has this thinking stuck and if blaming authors they are only getting rich, like one writer wrote once, it will make money have wings and fly away from you
Yeah !! With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate . Just my thoughts
Traders should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional
Quality predictions always. Really helped trading with William G Berkman analysis and services, even with the market in a downward trend. Definitely riding the market wave is a good perspective.
Just to share some of my 66 earth years with you! I got my first paying job at 17 years of age but switch jobs I stay single my personal choice I paid off my house zero debt but I can easy get credit if I decide to, I retired at 57 years of age I bought 2 houses sold one kept one I used other people's talent and money as I needed to from zero money as a young person to being totally out of debt with investments in my 30's My biggest enjoyment was seeing the world going places and I love my furry cats. I really do nothing these days but watch TH-cam videos money just appears into my life. I actually read lots of these books you'd mention in this video.
Best part of self help books is the time you give yourself to critically think about the authors message. Rich Dad Poor That, Millionare Next Door and the Reallionair are books that stuck with me for life.
*Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
@@catlinbrayan9404I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Bitcoin and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
It’s the Magic Question. Ask “How,” not “Why.” “Some man see things that are and ask why? I dream of things that never were and ask why not.” I prefer, “Some people see things that are and ask, ‘Why?’ “I dream of things that never were and ask, ‘How?’” I ran it by chatGPT and this is what it said: “Your adaptation of the quote puts an interesting spin on the original message by JFK. Whereas “why not” can be seen as a challenge to conventional wisdom, your use of “how” shifts the focus from questioning the status quo to actively seeking ways to make new possibilities a reality. It suggests a more actionable, solution-oriented mindset. The linguistic shift from a question of possibility to a question of method could indeed activate different cognitive processes, potentially spurring more concrete steps towards realization.”
Im so grateful for this video. You have sparked something new and fresh within me and have given me a solution to a problem that has been looming over my life for some time now. Thank you so much! I will save and rewatch this from time to time to remind me why I started! 😍😘
Ive been an aircraft maintenance tech since i was 18. Im now 31. I make just over 6 figs after this long but i missed out on most of life due to working night shift with no holidays or weekends off. Ive tried doing my own thing for a minute and used a lot of similar info like this vid and all i can say is unless youre in a major city or you know atleast 1 very influential person, you probably shouldn't bet the farm on this advice.
4:35 …When my business was only 1.5 year old and with growing revenue, I purchased an expensive house, a luxury SUV, and spent $150K cash in home improvements during the first year of homeownership. Now, after the second year, I have been paying $21K per month in bills alone, I have no investment whatsoever, and a very little savings. Initially, I wanted to acquire other businesses and buy assets, but I did it all wrong and I have relied only on my business income. Now, I feel I climbed the wrong mountain. Yes, it looks amazing from here, but I can’t keep going up and I feel that I will be in the rat race forever. Besides, I think the right mountain may be way higher, so I am coming down to start all over again. It was really hard to take that first step but all of the sudden, I can see the light at the end of the tunnel
When I was a kid and wrenched on cars with my step-dad, he taught me "we don't need $350 for parts, we need $400+ as a overheard and being a man of my word and follow through in my work.
I really enjoy cutting costs. I wakeup looking for places where I can get the best breakfast for $2-3. I do that everyday duty. So there are people who enjoy cutting costs.
I do a Budget on my Banking App try and save using the 50% Bills 30% and 20% investing Rule doesnt always work but one has to start somewhere unexpected bills seem to come up but if one Budgets one is prepared prepared prepared
Enjoyed ur presentation,.. that mountain u mentioned is really just a mole hill. That said, i couldn’t see the mountain that warranted climbing until i reached the top of the hill,.. that was 23 years ago now & the summit of the mountain is nigh!
Of all the videos I am watching to catch-up the big game, yours truly hit me differently. Amazing creation you've done. Keep up the good work. Thanks and appreciated (Y)
❤❤❤❤❤ I love this video.❤❤❤❤❤ It is one of the most interesting one among the others. I'm so happy to bump into this video. Thank you so much 💓 💗 💛 💖 I'm looking forward to take the torture of becoming a greater success in this lifetime. I love this ❤❤❤😊😊😊
The cost of this video is so cheap i feel bad for watching it, its like you're giving us a very fine long swords for this life for free, I pray for you to get what you want in life thank you so much for this wonderful Art ❤️ When I become Rich someday I will take credit on this youtube page I promise
You doing a very good job.Explaining things this way is not boring and very easy to understand plus my kids are also getting educated on the topic of financial aspects. God bless
16 is wasted 4 yrs. You should've shared it at 12yo if this was posted 4yrs ago. He would've completed learning curve by 16 and maybe even would had earned his 1st earning. Bad decision
best video I have seen and so connected to what recorded. The last point is exactly telling what I am doing and thinking right now. Thank you so much for this video. The drawing is very fun btw 😂
The problem with rule one is that unless people learn to live below their means before focusing on making more is that the more they earn the more they continue to spend and remain broke
I agree on that statement but I suggest we shouldn't mix "don't cut costs" and ""don't cut unnecessary costs". Most people have two gym memberships, unreasonable insurances, etc. These are unnecessary costs you should definitely cut and where a table is worth the work and time. However, I wouldn't quit my one Gym membership just bc I could so sports "for free" somewhere outside just to save ~30€ per month. That's the difference I guess.
Thanks for the video. But, the part on the worse outcome is a big no !! Is being homeless, without food not a scary situation ??? And, often, oh so hard to get out of. So, that's not ok to say that this wouldn't be so scary as we think!! 😓
Really loved this video, thanks so much it’s very helpful and motivating to me. Watching this was like a big reminder, thank you for you time and hope to see more regularly. God bless you 🙏🏾
depends of your goal. I once used credit card i don't like it. I use Qantas travel money debit card. When i use it I got points too and points convert to a flight ticket so when I want to go overseas i use my points instead of paying cash😊
'Asset' is also something that prevents money, time, energy, and health from leaving one's pocket - it saves money and a whole lot more...like a personal car that stops us from paying several hundreds of dollars to ride a taxi cap daily
Earning more money can also put you in a different tax bracket and you'll end up paying more taxes if you're not prepared. I got a second job after work cleaning for only 2 hours per night, week nights only. I ended up paying back a month's wages back to the gov. I was not prepared. I went for that second job to help pay for medical expenses which are roughly $4000 per yer. I was in a different tax bracket and was un able to claim those medical bills. Just be prepared and check what tax bracket you land in when you make more money.
Well yeah but the thing is if one claims no dependents and pays extra pre pay check to both the feds and state how can the higher tax bracket really effect them? With more money I still have more left over too....
🎧To listen to the AUDIO version of this book for FREE check out Audible below. Sign up for a 30-day Free trial to get 1 book for free(any book). You keep the book even if you cancel before the trial ends.
👉amzn.to/3kS1eNH
I personally have been using AUDIBLE for over 5 years and it is THE BEST app on my phone. I can listen to books while I am going somewhere, walking in the park, or doing some boring job :)
P.S. I personally use and recommend the AUDIBLE PREMIUM PLUS option. It gives you 1 credit every month which you can use to buy any book regardless of how expensive the book is.
It😊
😊0k😊
❤❤❤❤❤❤❤❤❤❤q
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Seriously, I stumbled upon Shirlest and the concept of hidden money manifestation, and it's like a whole new world has opened up.
I am not able to find a book by Shirlest. Would anyone have the full authors name or where I can find this book. Thank you guys.
@bkariithi it's not real, that's why u can't find it....and it's bots that run up the comment likes for this
thanks best book out there
thanks
I agree
The best advice I EVER received is “Business is a path to wealth” and “Purchase assets, not liabilities”. Hands down, best advice. I live by this and my business is now an asset to me and I’m slowly working towards purchasing more assets such as buying out competitors, purchasing rental properties, and looking at other passive income revenue streams
it’s kinda crazy how nobody’s talking about Antozent, they are selling 150 self help books for the price of one
Is this an app or a site? Very curious
Same
Same
Because you need only 1 good book, instead of 150 shitty ones
how much antozent pay u ??
greetings to everyone, excellent video and excellent books, the book Astro Money Alchemy is worth mentioning, a book that gives so many mystical secrets of money that it is unreal, so all the recommendations, and well done for the video
Agree
Thanks for the recommendation, I tried to search on Amazon, but can you give the author thanks again.
@@Daakieta-y6q borlest
@@Daakieta-y6q borlest
You can find it on youtube or google
I love how you take your time to educate your viewers 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
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
who is your advisor please, if you don't mind me asking?
Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I am a paraplegic living on SSDI. Life is getting harder with inflation and my limit income. I appreciate these videos. Ideas I am able to apply makes me look forward to future possibilities.
Your top priority right now should be finding a book 25 Money Secrets From Donald Trump, reading it will change your life, trust me
0:19: 💰 Lessons on self-improvement and financial success.
3:53: 🗒 The importance of accepting the worst outcome and overcoming the sunk cost fallacy.
7:25: 💰 The speaker shares personal experiences and lessons about studying, creating a TH-cam channel, understanding assets and liabilities, and automating money management.
11:20: 💰 Automating financial tasks is crucial for success and avoiding costly mistakes.
14:18: 💰 Understanding the cost of starting a business and the importance of getting rich young.
18:08: 💭 The importance of thinking big and considering long-term investing.
22:37: 💡 Thinking big leads to doing big things and having big things.
25:11: 💡 The importance of considering all factors when calculating hourly wage and creating your own luck.
28:50: 🌟 Personal transformation leads to achieving financial goals and becoming a more confident individual.
Recap by Tammy AI
Not all heroes wear capes!! Thx for this AWESOMENESS!!! 👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
I love when y'all do this 🎉❤
thank you.
thank you so much. You just saved my time and everybody else time. God bless you.
The end summarizes the entire idea behind self improvement in a subtle way and that’s what I’m all about. People always get confused when I tell them that though I’m currently not financially stable, I prefer a healthy lifestyle over money. It’s mostly about the lifestyle… money is just part of it 💯👍🏽
That's so true. 👍
Is this an opportune moment to invest in stocks? What's the expected recovery timeline? I understand that many people believe equities are currently undervalued. However, there are strategies in play in this market that aren't easily accessible to the average person. Should I consider alternative investment options that may be more suitable for me?
Market rebounds, but can't focus on long-term due to retirement and reserves affected by inflation. Need a dependable data path and prompt solution.
It's not your fault, lacking expertise in bear markets limits profits. Experts with experience from the 2008 crisis excel, using long-short trading, profit strategies, and risk management to thrive in turbulence.
Given substantial losses, seeking guidance to rebuild my portfolio and enhance strategies. Where can I locate this individual?
I'm not usually one to make recommendations, but there are numerous freelance wealth managers available. I've been working with "Stacie Lynn Winson" for approximately four years, and she has delivered solid returns. If she aligns with your preferences, you might consider her services.
She seems quite knowledgeable and well-educated. I just Googled her name and found her webpage. Thanks for sharing!
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
My advisor is “ Margaret Johnson Arndt’ highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
They are scammers in the comment section, beware!. Don’t message anyone
The speaker’s voice is so upbeat, precise and well-controlled that she sets these videos into a class by themselves.
May your tribe increase!
I rarely comment any video no matter how good it is. But today I just have to. I love the way you speak and ask questions. It really makes people to stop and think about your words. Well done. ❤
it's kinda crazy how nobody's talking about the forbidden ebook called Secret Pathway to Triumph
The end of the video made me emotional in a good way. I’m working so hard on personal development and I’m changing my habits. I’m thankful that I surrendered to change and this new phase in my life ❤
I have been in medicine for 17 years (studied for 13 years, then became a doctor and a teacher at Med.Uni) and it was a quite successful career. Then, literally, in 4 months, rethought everything about my life and gave up on medicine. Everyone was shocked😁 But, I am glad that I did it. I feel like I am breathing and living MY life, living who I am. I can feel that I started to dream again. I was shocked to realize that, along the way, I forgot how to dream. It took some time to practice it again)). Now I am full of ideas, and living my life as I expect, not my family or someone else.❤❤❤
Good for you! C:
Way to go Guli!!! 😊
So what are you doing now?
@@susanpark7398 transforming from a translator into a lingerie designer. I realized that lingerie designing was always with me since my childhood.
@@glenngordon7697 thank you😊
This was an EXCELLENT video!!! Thank you for giving us the condensed version of your fantastic wealth of knowledge! We appreciate it!
I absolutely LOVE this concept. So many wonderful books that I would love you read, yet my brain is too busy to focus much energy to this 😞. Extracting the precious knowledge to share the key points is absolutely priceless. Much success to you, you are brilliant ❤️
Thank you.. simple and clear and a reminder.. whst i love is how yiur journey transitioned from a pursuit of money to realising that what counts in life is actually who we are inside and being who God made us to be
AMEN WELL SAID
I found this TH-cam channel so helpful for me. I am grateful and thankful for this great job.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that's stirring! Do you mind connecting me to
your advisor please. I desperately need one to diversified my portfolio.
*Cioffibrown Alison’* is the licensed fiduciary I use. he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television.
You can use something else. for me he strategy works hence my result. He provides entry and exit point for the securities I focus on.
There is his whats Apk line
+172
I was actually having a "sunk cost fallacy" dilemma, where I'm in a job that I'm not really passionate about but pays well, and studying towards a career in what I really want would mean starting from scratch. But now after watching this, I have more clarity and confidence in what I should do next! Thank you for this video 👍
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Im very fortunate that I dont suffer from the sunk cost fallacy, when I shared my idea of dropping out in the middle of the semester to start in the right path of business journey, a lot of people understood me and supported me, but they said you should finish with what you’ve started, I told them that no, this is a waste of time blah blah… They still believed that you shouldn’t had wasted all your academic efforts.
If you were able to withdraw in time, the alternative is a failed class. You'd still owe the tuition and maybe not even be able to take those classes again, not to mention the pain on your grade. Im glad you found success, but really were talking about a couple months or weeks in cost, so my opinion is this is a bad message to send to people on the fence.
@@TheRealKimJong-Il time is precious and I don’t see why would I spend it on something that I’m certain will not improve my life, set of skills…etc I knew I could invest my time better money knowledge, income skills... I certainly took a different route that most might think is risky, but thats what success demands.
Try to work at the same time, earn a degree, I've done it not once but thrice, now almost four times.
@@luisasterioquerubin6829 well then I sincerely wish you the best if pursuing multiple degrees is what you want, i didn't want anything related to academic so I stop it, different story...
CONGRATS. YOU MADE. KEEP UP THE GOOD WORK. IM A COLLEGE DROPOUT, BUT SADLY I'M WHERE IM BECAUSE OF POOR CHOICES.
1. Don't love below your mean. Expand your means.
2. What is the worst that could happen
3. The wrong mountain and the sunk cost fallacy
4. The difference between an asset and a liability
5. Automation financial tasks
6. Cost of earning more money
7. Get rich young
8. Think big
9. Money equals life energy
10. Create your own luck
Thanks Martha.
Thank you, I am really happy for the last bonus lesson, it made me feel emotional listening to it. Thank you a lot, you are my mentor, I watch your videos daily.
Watching this at work and had to lower the volume when she mentioned “working at a job you hate “ 😂😂😂
Mad😂😂😂😂
I highly recommend this video. It resonates to mostly of things that I have been doing in my life for the past 25 years. Its working for me and I think it can work for you too.
We’ll done video!! I’m mainly liking, subscribing, sharing this video, and leaving this comment because you simply got to the point, packed every second with value, and didn’t ask me for anything.
I want to help creators like you to shift the culture of the YT community to make more videos that meet this criteria.
👏🏾👏🏾👏🏾👏🏾 bravo!!
i love how you explain your points...
they are usually relatable to my situation❤❤
but also please try to reduce the amount of ads placed, they're somehow distracting
I think you're right. Get rich young is very important, I figured it on my own years ago. Another thing, you say no one enjoys cutting costs but...of my own experience you can learn how to enjoy it. Another but is - learning it is no good. Once you learned enjoying cutting cost you focus on it, you become cheap and pursue other goals less.
Thank you so much for all this amazing videos.
I love these lists! I’m not wonderful with money management. However, I’ve had about 13 different monthly bills pop up on my calendar. I instantly press maybe 11 buttons, and pay them! It’s been a decade now, and every single payment has been a few days early… it’s weird she seemed so adamant you’d fails no matter what 😂😅
I work in bank, people forgets and accident happens. The late payment charges of $100 + daily interest of 0.07% is not worth it. Automate anything that does not require extra fees or low fees is also good for your mental health and saving time. Your case is different as it might even be be beneficial as a reminder of cost of life. But other people should automate cause late payment fees really upset a lot of my clients no matter how rich they are.
I love your way of putting such ideas from diff books together…. Your way is incredible… thanks for the exceptional helpful content … take my thanks and thumbs up 👍🏻
great & amazing lessons Its not about the Money its about the person that you become in process So enjoy the journey not the destination & Business is Great of all Time life changing game
This was a very clear breakdown of the summarized compilation… thank you
I use my credit cards for EVERYTHING (so easy now that most shops prefer contactless for almost everything) and pay it out completely every month. Not only do I not pay interest, but all my cards are connected to a Rewards programme. The Rewards usually cover the card fee charges.
Example: my AMEX costs $450.00 a year. The points I earn buy me around $900.00 in rewards and then some.
I have all my Rewards cards from retailers linked so, for example, when I use my AMEX at Woolworths, I earn a minimum 2 points per dollar spend.
Might not sound much but it lets me buy a couple of cases of wine a year.
I taught my son the simple "Richest Man in Babylon" rule. Save 10% of ALL your income.
He has learned the potential of Exponential Growth.
Wish I had at his age!
I prefer cards without fees.
The only people who get rich of self help books are the authors.
Just got to know how to use the information it’s just strategies they’re teaching you to get you thinking. They won’t tell you to cut grass to earn money they’ll say think of ways to utilize the people around you to help you reach your goal.. you still have to figure it out
And thats probably what keep everyone who has this thinking stuck and if blaming authors they are only getting rich, like one writer wrote once, it will make money have wings and fly away from you
holy shit .. this is so good . the last couple minutes felt like u was speaking to my soul.. well done
Yeah !! With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate . Just my thoughts
Traders should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional
Wow, that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversify my portfolio
William G Berkman
Quality predictions always. Really helped trading with William G Berkman analysis and services, even with the market in a downward trend. Definitely riding the market wave is a good perspective.
How can I get in contact with him, please?
Just to share some of my 66 earth years with you! I got my first paying job at 17 years of age but switch jobs I stay single my personal choice I paid off my house zero debt but I can easy get credit if I decide to, I retired at 57 years of age I bought 2 houses sold one kept one
I used other people's talent and money as I needed to from zero money as a young person to being totally out of debt with investments in my 30's My biggest enjoyment was seeing the world going places and I love my furry cats. I really do nothing these days but watch TH-cam videos money just appears into my life. I actually read lots of these books you'd mention in this video.
👍👍
Best part of self help books is the time you give yourself to critically think about the authors message. Rich Dad Poor That, Millionare Next Door and the Reallionair are books that stuck with me for life.
*Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
@@KaylaAlexis.wanted to trade, but I got discouraged with the market price fluctuations 😊
@@RobertDavid212Trading under the guidance of an expert is the best strategy for beginners.
@@catlinbrayan9404I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Bitcoin and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
It’s the Magic Question. Ask “How,” not “Why.”
“Some man see things that are and ask why?
I dream of things that never were and ask why not.”
I prefer, “Some people see things that are and ask, ‘Why?’
“I dream of things that never were and ask, ‘How?’”
I ran it by chatGPT and this is what it said:
“Your adaptation of the quote puts an interesting spin on the original message by JFK. Whereas “why not” can be seen as a challenge to conventional wisdom, your use of “how” shifts the focus from questioning the status quo to actively seeking ways to make new possibilities a reality. It suggests a more actionable, solution-oriented mindset. The linguistic shift from a question of possibility to a question of method could indeed activate different cognitive processes, potentially spurring more concrete steps towards realization.”
Im so grateful for this video. You have sparked something new and fresh within me and have given me a solution to a problem that has been looming over my life for some time now. Thank you so much! I will save and rewatch this from time to time to remind me why I started! 😍😘
Ive been an aircraft maintenance tech since i was 18. Im now 31. I make just over 6 figs after this long but i missed out on most of life due to working night shift with no holidays or weekends off. Ive tried doing my own thing for a minute and used a lot of similar info like this vid and all i can say is unless youre in a major city or you know atleast 1 very influential person, you probably shouldn't bet the farm on this advice.
You should try for a pilot licences maybe...
Then you won't have to work Holidays or weekends being a federal government employee
@@TinaTia-eq2kh but im not a federal government employee
#1 Should be: LIVE below means and still EXPAND means, I like the whole video.
4:35 …When my business was only 1.5 year old and with growing revenue, I purchased an expensive house, a luxury SUV, and spent $150K cash in home improvements during the first year of homeownership. Now, after the second year, I have been paying $21K per month in bills alone, I have no investment whatsoever, and a very little savings. Initially, I wanted to acquire other businesses and buy assets, but I did it all wrong and I have relied only on my business income. Now, I feel I climbed the wrong mountain. Yes, it looks amazing from here, but I can’t keep going up and I feel that I will be in the rat race forever. Besides, I think the right mountain may be way higher, so I am coming down to start all over again. It was really hard to take that first step but all of the sudden, I can see the light at the end of the tunnel
When I was a kid and wrenched on cars with my step-dad, he taught me "we don't need $350 for parts, we need $400+ as a overheard and being a man of my word and follow through in my work.
Your voice and oratory is great! Thanks for the lessons
I really enjoy cutting costs. I wakeup looking for places where I can get the best breakfast for $2-3. I do that everyday duty. So there are people who enjoy cutting costs.
Thank you ☺️ kindly for creating and sharing this video. I agree with your opinions and learned a few things as well. You are awesome! 👏
Thank you for this insightful content. Keep up the great work.
I do a Budget on my Banking App try and save using the 50% Bills 30% and 20% investing Rule doesnt always work but one has to start somewhere unexpected bills seem to come up but if one Budgets one is prepared prepared prepared
Enjoyed ur presentation,.. that mountain u mentioned is really just a mole hill. That said, i couldn’t see the mountain that warranted climbing until i reached the top of the hill,.. that was 23 years ago now & the summit of the mountain is nigh!
Her voice is amazing 😢
Of all the videos I am watching to catch-up the big game, yours truly hit me differently. Amazing creation you've done. Keep up the good work. Thanks and appreciated (Y)
❤❤❤❤❤ I love this video.❤❤❤❤❤
It is one of the most interesting one among the others.
I'm so happy to bump into this video.
Thank you so much 💓 💗 💛 💖
I'm looking forward to take the torture of becoming a greater success in this lifetime.
I love this ❤❤❤😊😊😊
The cost of this video is so cheap i feel bad for watching it, its like you're giving us a very fine long swords for this life for free, I pray for you to get what you want in life thank you so much for this wonderful Art ❤️
When I become Rich someday I will take credit on this youtube page I promise
You doing a very good job.Explaining things this way is not boring and very easy to understand plus my kids are also getting educated on the topic of financial aspects.
God bless
I discovered Shirlest and it’s wild how much hidden money manifestation has shifted my perspective on abundance.
Thank you! 😊
Regarding your first point, some people enjoy living a minimalist lifestyle, reducing their ecological footprint
Amazing video, great job! So many valuable lessons! Thanks for sharing, and keep up with great work! 😊
This was gold 🔥! I sent this to my kids and nephews. All young adults except for my youngest son who's 16.
16 is wasted 4 yrs. You should've shared it at 12yo if this was posted 4yrs ago. He would've completed learning curve by 16 and maybe even would had earned his 1st earning. Bad decision
Good deal
@@deepasinghal4729and back down the mountain and up the new one yeh’
Your voice is so beautiful I can listen this whole day without challenge Thank you for making a masterpiece❤ and again your voice is beautiful
I must admit this was one of the greatest videos I have watched today. Good work
This is wisdom,thank you so much for sharing this great amazing teachings. I salute you
best video I have seen and so connected to what recorded. The last point is exactly telling what I am doing and thinking right now. Thank you so much for this video. The drawing is very fun btw 😂
Hit the thumns up at 01:00 min, loved that tip❤
Thank you for sharing your wisdom, it highly insightful!
I love this SO much! It's so helpful. Thank you! Who is the speaker?
Thank you im glad im watch this video until the end. its really help me a lot. :)
The problem with rule one is that unless people learn to live below their means before focusing on making more is that the more they earn the more they continue to spend and remain broke
I agree on that statement but I suggest we shouldn't mix "don't cut costs" and ""don't cut unnecessary costs".
Most people have two gym memberships, unreasonable insurances, etc.
These are unnecessary costs you should definitely cut and where a table is worth the work and time.
However, I wouldn't quit my one Gym membership just bc I could so sports "for free" somewhere outside just to save ~30€ per month.
That's the difference I guess.
Thanks for the video. But, the part on the worse outcome is a big no !! Is being homeless, without food not a scary situation ??? And, often, oh so hard to get out of. So, that's not ok to say that this wouldn't be so scary as we think!! 😓
Really loved this video, thanks so much it’s very helpful and motivating to me. Watching this was like a big reminder, thank you for you time and hope to see more regularly. God bless you 🙏🏾
So good, love the content. Lovely scripted and voice over is exceptional.
I love the illustrations! What program was used?
Cutting costs actually work, you won't be content with any amount of money unless you limit your wants.
Thank you for making the world a better place, wow.....this wonderful..........
depends of your goal. I once used credit card i don't like it. I use Qantas travel money debit card. When i use it I got points too and points convert to a flight ticket so when I want to go overseas i use my points instead of paying cash😊
I love people like you, they are the best!
The last 3 mins touched me thank you.
Great work, you had changed my way of thinking🎉 Thanks a lot
Thanks for this!. Smart money advice.
'Asset' is also something that prevents money, time, energy, and health from leaving one's pocket - it saves money and a whole lot more...like a personal car that stops us from paying several hundreds of dollars to ride a taxi cap daily
Nice work MADAM keep it up. First time heard you. I will want to hear you again
Earning more money can also put you in a different tax bracket and you'll end up paying more taxes if you're not prepared. I got a second job after work cleaning for only 2 hours per night, week nights only. I ended up paying back a month's wages back to the gov. I was not prepared. I went for that second job to help pay for medical expenses which are roughly $4000 per yer. I was in a different tax bracket and was un able to claim those medical bills. Just be prepared and check what tax bracket you land in when you make more money.
Well yeah but the thing is if one claims no dependents and pays extra pre pay check to both the feds and state how can the higher tax bracket really effect them? With more money I still have more left over too....
If you follow the development of pension systems, you'll absolutely WANT to be independenly rich, and not rely on a pension.
The last advice got me going actions immediately. Thanks so much for this.
thank you for your teaching us about success❤❤❤
Amazing experience sharing video! Really Stunning work 😊
Thanks for sharing worth it lesson. I didn't notice I note 6 pages on my financial notebook
Can never be more agree with it! Thank you!
These videos of Little Bit Better made me read more books. Thank you for saving me.
I Go With The Flow With Old School Hard Working
The number 11 piece of nugget was superb.
Shirlest is a game changer! The hidden money manifestation techniques have opened so many doors for me that I never thought possible.