Never Go Broke! 9 Money Principles to Building Wealth YOUNG

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  • เผยแพร่เมื่อ 24 พ.ย. 2024

ความคิดเห็น • 156

  • @mr.educateyourself1165
    @mr.educateyourself1165 ปีที่แล้ว +44

    Money Principles
    1) Check your bank account everyday 2) Study Investing 3) Your Emergency Account is only a emergency account 4) Save in lump sum 5) Do not be soft about money 6) Leverage Other People Money 7) Be around money early and often 8) Have to do it mentally 9) Adopt the mentality you're a business owner or investor. Peace and blessing on your wealth journey.!

  • @Crush0819
    @Crush0819 8 หลายเดือนก่อน +9

    Hello karlton I just want to thank you for your hard work as a Hispanic minority I was programmed a certain way. Which later in my life affected how managed my money, lived my life and the decisions I’ve made. A couple years ago I had the opportunity to focus and open up a business I never really understood what it was when people say “let money work for you don’t work for your money” years later, I hurt myself I close the business and fell into a deep depression. As of this weekend, I came across your videos and a couple others in which you participated in their podcast. So I just wanna give you a big thanks for igniting the thrive and fire in me I relinquished! God bless you my friend! May the Lord bless you with health, wealth and prosperity!

  • @richhands5269
    @richhands5269 ปีที่แล้ว +65

    My three favorite channels: Karlton Dennis, Stock Brotha, & Earn Your Leisure. Make my week complete! 🔥 🔥 🔥

    • @ms.sharpe8820
      @ms.sharpe8820 ปีที่แล้ว +3

      Don’t sleep on fresh and fit. They be dropping gems on their Money Mondays

    • @Ahtrinivbyz
      @Ahtrinivbyz ปีที่แล้ว +2

      And Richard fain,wall street trapper 😂

    • @eloncamus7968
      @eloncamus7968 9 หลายเดือนก่อน +1

      Dont sleep on alux

  • @danab4462
    @danab4462 หลายเดือนก่อน +1

    That talk on the emergency account was golden! You were speaking straight to me

  • @kenosis1
    @kenosis1 ปีที่แล้ว +31

    Brother, keep doing what you’re doing. I’m 46 years old and I am reconstructing my finances after all this time and this is absolute pure gold.

  • @charlieecho7253
    @charlieecho7253 ปีที่แล้ว +24

    Stumbled onto this video and I was extremely happy to hear this man talk about not giving in to family.
    My family’s almost ruined me financially when I was in my mid 20’s and they would have done far worse if I had let them.
    I’ve seen it over and over happening to other smart people. Your family, even if they are nice, well intentioned people, can ruin your life if you let them.
    Put up those healthy boundaries.

  • @carolannstevens5814
    @carolannstevens5814 10 หลายเดือนก่อน +4

    Dave Ramsey all the way!!! Cash is King! No credit score!!!

  • @dpicklescooks
    @dpicklescooks 11 หลายเดือนก่อน +1

    I’m 23 and fresh out of college, this channel is priceless. Karlton has taught me more for free than an $80,000 degree.

  • @thealyssajen
    @thealyssajen 9 หลายเดือนก่อน +2

    This is wildly inspirational I grew up in a household where money was such a touchy subject. If you brought it up it was always uncomfortable. I decided that with little to no knowledge of financial security to change this cycle. I never want to feel like I can't control my finances ever again. It's not that it's difficult, most of us just are misinformed of money and it's proper usage.

  • @SemiraStone
    @SemiraStone ปีที่แล้ว +3

    Thank you for your support and kindness. Happy 30th Birthday 🎉

  • @a.sam.2976
    @a.sam.2976 11 หลายเดือนก่อน +2

    Great financial advice KD. Have you thought about doing a segment with the 'Earn Your Leisure 'guys? . Am l asking that because they are young Brothers in Finance?.. Yes.... I am . We need to share expertise and teach each other. The Wealth Gap is sickening..

    • @KarlaDennis
      @KarlaDennis 11 หลายเดือนก่อน

      I agree :)

  • @rizalynwatkins2171
    @rizalynwatkins2171 หลายเดือนก่อน

    Wow!!! CONGRATULATIONS on your SUCCESS!!! Thank you for sharing your experience and giving us lessons from young age… including your first teacher your mother!!!! Must be proud!!!

  • @bachatasoulnyc
    @bachatasoulnyc ปีที่แล้ว +4

    Karlton, you’re a gift. Thank you for showing up for us. I am moved.

  • @DonJ.
    @DonJ. ปีที่แล้ว +5

    I definitely have to hear this every day for my subconscious!! 💯💯💯

  • @darvezstancle7392
    @darvezstancle7392 ปีที่แล้ว +4

    This is the best video I’ve heard all year!

  • @radicaltitan
    @radicaltitan 10 หลายเดือนก่อน

    I’m a NASA engineer starting my LLC this year. And every day I thank my lucky stars that I stuck out 9 years of football growing up. I would not be where I am today without those HELL days, Karlton! Love it man!

  • @davidciarfella491
    @davidciarfella491 5 หลายเดือนก่อน

    I’m just blown away man I’ll take every word you said and use it!

  • @ms.sharpe8820
    @ms.sharpe8820 ปีที่แล้ว +3

    HAPPY BIRTHDAY KARLTON 🎉🎉🎉🎉

  • @kekelovesu2948
    @kekelovesu2948 ปีที่แล้ว +4

    🎉🎉Happy belated birthday 🎂. This was an excellent mindset reset class. Thank you for today's jewels.

  • @psdavis70
    @psdavis70 ปีที่แล้ว +3

    KD preaching for real. Love this

  • @JoeSmith-bu1mq
    @JoeSmith-bu1mq ปีที่แล้ว +7

    Thank you for posting this one. Been looking for a way to get my youngest to take control of her future. Hopefully watching this video and listening to someone relatable, she'll learn to keep successful people around her. I really do appreciate you and all the gems you drop on us.

  • @BygonesWear
    @BygonesWear 14 วันที่ผ่านมา

    Bro you are now my favorite TH-camr I just broke down in tears this hit me hard 💯

  • @jennywinters7435
    @jennywinters7435 5 หลายเดือนก่อน +1

    Super appreciate you, a lot of this has really hit home and will change my life for the better.

  • @SdW.8
    @SdW.8 ปีที่แล้ว +5

    Great points!!! This list is going up so I can see it daily, be better daily and reach my wildest dreams. Thank you for inspiring us and sharing great knowledge!

  • @TonyRodriguez-Trod312
    @TonyRodriguez-Trod312 16 วันที่ผ่านมา

    Karlton this video makes me see myself in the mirror, Thank you

  • @jamessmith1743
    @jamessmith1743 ปีที่แล้ว +3

    Mr. Dennis. Great videos. Very comprehensive. Your #2; how do you study investing? What did you do? Where did you start? Thanks.

  • @ronaldcambridge3126
    @ronaldcambridge3126 11 หลายเดือนก่อน

    Your presentations are essentially "truth to power". Hopefully, folks will realize what you're espousing and implement according to what's appropriate for their given situation(s).

  • @EMcBrad
    @EMcBrad 6 หลายเดือนก่อน

    I really appreciate you sharing your knowledge and financial tips 🙏🏾

  • @jhomraborar1145
    @jhomraborar1145 5 หลายเดือนก่อน

    You’re so awesome! New follower here. I saw you got interviewed and searched you out here. Waving from the Philippines!

  • @unicron3005
    @unicron3005 9 หลายเดือนก่อน

    This video is EXACTLY what I needed to see. Thank you Karlton!

  • @fordilac
    @fordilac 9 หลายเดือนก่อน +1

    NEVER be the smartest person in the room unless you are mentoring someone.

  • @mystaffmystaff8803
    @mystaffmystaff8803 ปีที่แล้ว

    A GOURMET presentation for financial building and food for thought. Definite fundamental WEALTH principles that MUST be adopted and IMPLEMENTED! 👍🏾🙏🏾😉

  • @Divine.Financial
    @Divine.Financial 4 หลายเดือนก่อน

    Just discovered you yesterday and enjoy the videos. Great insight on what an "Emergency" really is. Keep on educating!! 💪

  • @jamesallen8511
    @jamesallen8511 ปีที่แล้ว

    Keep doing what you are doing. I wish I had this when I was younger. Now my drive is to prepare my kids. Thank you

  • @barryisa7353
    @barryisa7353 ปีที่แล้ว

    This is my fav video Mr. Dennis has put out In a while

    • @a.sam.2976
      @a.sam.2976 11 หลายเดือนก่อน

      Number 5 rule in a nutshell. "Scared money, don't make money".

  • @hillaryvasquez9651
    @hillaryvasquez9651 ปีที่แล้ว +23

    Great content, life changing! Reading is not just enough". Take action! Put your new found knowledge to use. I read for a long time but Action made my life change in no time (generally and mostly financially)
    That's my two cents on this

    • @albertcharles4415
      @albertcharles4415 ปีที่แล้ว

      I agree with 100%
      Action makes it work no matter how little start and see the result come by. :D

    • @bashirauwal5825
      @bashirauwal5825 ปีที่แล้ว

      I struggle to follow through especially financially. I earn quite enough but hardly have a saving.
      Rent, bills, expenses take it all. It almost seems like I live paycheck to paycheck

    • @hillaryvasquez9651
      @hillaryvasquez9651 ปีที่แล้ว

      Live below your means, adjust your lifestyle, be frugal in spending, don't buy unnecessary stuff, budget your spending and your debt, save, invest it's a better way to grow wealth. Get a financial expert to help you

    • @bashirauwal5825
      @bashirauwal5825 ปีที่แล้ว

      @@hillaryvasquez9651 Thanks

    • @bashirauwal5825
      @bashirauwal5825 ปีที่แล้ว

      I heard hiring a financial coach is quite expensive but I will have a look at it

  • @johnmaxwell1356
    @johnmaxwell1356 ปีที่แล้ว

    Enjoying Lake Como, Italy for your 30th birthday. Congrats.

  • @RobertHindi-o9i
    @RobertHindi-o9i ปีที่แล้ว

    Thank you. That’s all I can say. Just thank you. Happy belated birthday! Mine is tomorrow 🎉

  • @wormwoodfive398
    @wormwoodfive398 ปีที่แล้ว +1

    Which skin color knows best invest stuff ... I need to know how I'm going to do

  • @globright9127
    @globright9127 6 หลายเดือนก่อน +1

    So young and smart

  • @FeruzaUtayeva-zz1nd
    @FeruzaUtayeva-zz1nd 5 หลายเดือนก่อน +1

    Здравствуйте это компания мне очень нравится

  • @CocoTeeTV
    @CocoTeeTV ปีที่แล้ว +1

    Great info! Happy Birthday! Virgo Season….Turn up!! ♍️ 💰💵💰

  • @ilonfernandez8773
    @ilonfernandez8773 7 หลายเดือนก่อน

    Great advice, my brother 🙏

  • @jjones503
    @jjones503 9 หลายเดือนก่อน

    I really wish they would have taught about Roth Ira's in school. I started so late that it hurts, however, even just a few years into it, it's been one of the best places to put my extra taxed income. While the average of 15% is good, it's not as good as investing in other places, but the risk is much much lower. It's amazing what $110/week does in a good Roth Ira profile.

  • @Fullerpotentials14
    @Fullerpotentials14 9 หลายเดือนก่อน

    Sent this to my 13 year old, thanks so much

  • @619miketseng
    @619miketseng ปีที่แล้ว

    Thank you, Karlton! I appreciate your insite and gifts you share!

  • @GermanShepherdDaphne
    @GermanShepherdDaphne หลายเดือนก่อน

    8:21 most can’t do that though. Dollar cost when markets are down on tech and defense stocks when you’re young. I say buy a share every week if you can.

  • @DHblo
    @DHblo 8 หลายเดือนก่อน

    THANK YOU SIR!!!!

  • @ellenkim5342
    @ellenkim5342 2 หลายเดือนก่อน

    Thank you for sharing your smartness

  • @temiymahs_World
    @temiymahs_World 9 หลายเดือนก่อน

    Love this! More info on getting into rental property investing. I’m working to get to that point before this year ends!

  • @kenben517
    @kenben517 3 หลายเดือนก่อน

    Very powerful video! Thank you brother

  • @SdW.8
    @SdW.8 ปีที่แล้ว +1

    Happy 30th birthday! 🎉

  • @LadyALCO
    @LadyALCO ปีที่แล้ว

    Thank you Karlton. This was great, I'm 25 and ready to make changes in my life. This was helpful!

  • @nikispringer3142
    @nikispringer3142 2 หลายเดือนก่อน

    Saving up to invest a lump sum, is the EXACT same thing as dollar cost averaging into investments!

  • @CME843
    @CME843 ปีที่แล้ว

    Had to send this video to the family. Amazing thanks

  • @k.lynnecollier7763
    @k.lynnecollier7763 ปีที่แล้ว

    Got great info and shared it with my two sons. Thank you for taking time to do this.

  • @axxicution
    @axxicution ปีที่แล้ว +1

    Good stuff

  • @angeloditchou820
    @angeloditchou820 11 หลายเดือนก่อน

    Thank you very much for this video brother. This was pure gold.
    Love the authenticity in what you do.

  • @HAMEDTUO-r4b
    @HAMEDTUO-r4b 5 หลายเดือนก่อน

    amazing and inspiring. thank you.

  • @jneworleans
    @jneworleans ปีที่แล้ว +1

    Thank you for this video 🎉

    • @jneworleans
      @jneworleans ปีที่แล้ว

      @karltondennisPrivate_Message Nice try 😂

  • @christinajones7319
    @christinajones7319 11 หลายเดือนก่อน

    Great video.

  • @ILM2219
    @ILM2219 ปีที่แล้ว

    Outstanding and I appreciate your sincerity and honesty! Thank you! :)

  • @jenmal898
    @jenmal898 ปีที่แล้ว

    Excellent advice! Thank you for the awesome video 😊

  • @TonyRodriguez-Trod312
    @TonyRodriguez-Trod312 16 วันที่ผ่านมา

    Thank you I love it

  • @Supratt001
    @Supratt001 5 หลายเดือนก่อน

    Thank you

  • @skibike01
    @skibike01 ปีที่แล้ว

    I would be against checking your bank account every day. Yes you can check your main accounts but don’t check your investment accounts every day. Studies have shown people that check less make more because they are not trading as much and worried as much

  • @DavidRasool-n3k
    @DavidRasool-n3k 4 หลายเดือนก่อน

    I want to learn about taxes were should I start

  • @ismaelhall3990
    @ismaelhall3990 6 หลายเดือนก่อน

    Thanks bro.

  • @vjackson3451
    @vjackson3451 2 หลายเดือนก่อน

    This is the best video ever ❤

  • @markvaughn3315
    @markvaughn3315 10 หลายเดือนก่อน

    Great video. It's excellent information and I appreciate how matter of fact you are. Because you do not use hype to convey the information. Thank you.

  • @danielmagana8399
    @danielmagana8399 ปีที่แล้ว

    Amazing. Thank you.

  • @SharingIdeology
    @SharingIdeology ปีที่แล้ว +1

    PLEASE ANSWER!
    A different video you talked about renting your personal Airbnb / Rental property to your LLC
    So technically the business is renting your personal rental home.
    You said you would talk about that in another video but I've searched and searched and can't find anything.
    Can you please talk about this?!
    Explain renting your Airbnb to your business please please! 😊
    Thank you!

    • @karltondennis
      @karltondennis  ปีที่แล้ว +1

      I am working on the video 👍🏾

    • @a.sam.2976
      @a.sam.2976 11 หลายเดือนก่อน

      Jeez, calm down. Needy much? KD is doing his best, in the meantime there are other places to learn stuff.

  • @josecarlosmurillo4911
    @josecarlosmurillo4911 ปีที่แล้ว

    Great video 🎉

  • @investingwithkat
    @investingwithkat ปีที่แล้ว

    Great video!! Can you recommend some books of investing?

  • @tpenn2
    @tpenn2 ปีที่แล้ว

    Thanks!

  • @fredfoster3345
    @fredfoster3345 11 หลายเดือนก่อน

    Awesome sir do you have a consultation

  • @drewslifecollection
    @drewslifecollection 10 หลายเดือนก่อน

    Thank you for the insightful information and will use your advice on life everyday.

  • @schonique
    @schonique 10 หลายเดือนก่อน

    Karlton, how is like in Switzerland?

  • @37ccooper
    @37ccooper 11 หลายเดือนก่อน

    Hi u a great teaher

  • @dongorgon612
    @dongorgon612 ปีที่แล้ว +1

    What can I do if I have a credit card that I don’t want because it has a low but annoying monthly / annual charge but it’s kept because it’s the oldest credit card I own and it helps with credit history on my credit report ??

    • @jasminecoffen1670
      @jasminecoffen1670 ปีที่แล้ว +1

      Some banks will allow you to “upgrade” to another card with a soft pull without affecting your credit history age. Look for another card that the bank institution own that has no annual fee, call the customer service, make sure to mention you are a loyal customer of X amount of years.

  • @Alphaanbu95
    @Alphaanbu95 11 หลายเดือนก่อน

    Greatest ❤😊😊

  • @Theorytheorythesis
    @Theorytheorythesis ปีที่แล้ว

    Fly stuff brotha...

  • @lornegreen7754
    @lornegreen7754 ปีที่แล้ว

    good info right here 😎🤘

  • @Whyhetaxin
    @Whyhetaxin 5 หลายเดือนก่อน

    ty

  • @sharitaharvey4962
    @sharitaharvey4962 ปีที่แล้ว

    I love this video 🎉❤

  • @Southernstrutboutique
    @Southernstrutboutique ปีที่แล้ว

    Videos on investing please

  • @nathanwood7660
    @nathanwood7660 4 หลายเดือนก่อน

    I am 42 years old and I am finally going to bet on myself and start a business.

  • @ZehnCapitalLLC
    @ZehnCapitalLLC 9 หลายเดือนก่อน

    This was great! 🔥

  • @mikejones8667
    @mikejones8667 ปีที่แล้ว

    Max Love From Oxnard 🙌🏽

  • @Ruuizztv
    @Ruuizztv 10 หลายเดือนก่อน

    nice video! very helpful advises

  • @Charlesyo_
    @Charlesyo_ 9 หลายเดือนก่อน

    Really good video man!

  • @javiertc86
    @javiertc86 ปีที่แล้ว

    I don't think Robinhood existed when you were a kid :) Amazing video, thanks for this amazing content.

  • @paulchaplin1493
    @paulchaplin1493 4 หลายเดือนก่อน

    I LOVE IT

  • @jonezmusicgroup
    @jonezmusicgroup ปีที่แล้ว

    Sub’d…
    Man you have some great info in these videos.
    I’ve been looking for ways to invest and build passive wealth.
    Currently speaking with estate attorneys , preparing to get started in multi family properties.
    I could use a good tax strategist. I’m in Florida.

  • @Freethinkers19849
    @Freethinkers19849 ปีที่แล้ว

    Is that an AP royal oak?

  • @MubashiraMQ
    @MubashiraMQ ปีที่แล้ว

    👉Dream (Message of Warning) [06-23-2016]
    Bismillah Ar-Rahman Ar-Rahim
    Muhammad Qasim Bin Abdulkarim's Dream: Allah ﷻ came in my dream, I saw Nur and a sharp blue Nur/light was coming from inside the Nur, I have never seen such a Nur/light before.
    Allah ﷻ said that: "Qasim I have given much respite to the people but except a few no one has believed you, instead many have ridiculed you, give My Message to these people that the respite which I gave them to think and understand is soon going to come to an end, so get ready to taste My Punishment.” (Dream ends)
    Muhammad Qasim Dreams

  • @slappymcsalmon3025
    @slappymcsalmon3025 ปีที่แล้ว +5

    #1 don't be homeless

    • @FIRE_DrNinjaTurtle
      @FIRE_DrNinjaTurtle 8 หลายเดือนก่อน

      I was homeless at 25 and I am financially free today.

  • @DBoone123
    @DBoone123 7 หลายเดือนก่อน

    What gets measured gets managed

  • @leofranco6337
    @leofranco6337 ปีที่แล้ว

    Subscribed

  • @scottsmith5908
    @scottsmith5908 11 หลายเดือนก่อน

    I really appreciate this video. I can feel the passion and can tell it comes from experience.