I was able to retire at 33 after winning a million dollars and making it grow into an additional hundred thousand. If you're living extravagantly, 400,000/year isn't enough.
35k a month not a enough?!?!? This should be less of a "how do you live on that" and more so "how the hell do you spend all that". I've literally always felt that 10-15k a month is pretty damn bougie. If you struggle to survive on 35k you seriously needa get back in touch with your roots as a human.
I feel like even 5-7k is living very comfortably, with rent lined up every month ,stocked fridge ,free time ,vacations and a car and spending money ,what else do you really need
Rich people stuff gets real expensive real fast. I'm not trying to say that you aren't rich and wouldn't know that, but I have been around wealthy people and they genuinely live in a different world where everything is like four times as much. Just because the people selling the products or services know their clientele are rich and can sell it for more
@@sortaspicey9278 a quarter of 35k a month would still be more than enough a month, it’s greed and complete disconnection from normal society, even if I was a millionaire I wouldn’t spend like I was, I would be smart like I’ve had to be in the past to build something generational rather than blow everything I get so my descendants have to work like I did
Lmao doesnt surprise me. Saw a video of his a while back where he was saying that the tate brothers were two men he'd trust over like anyone else. Lol sure pal, thats cos youre not a woman.
@@yoitsmilotic I don't think most of these people joining Scientology r idiots. They just want the money. It's the young people that r brainwashed into it the most.
I’ve seen him for years, he’s gotta just be a troll at this point in an effort to go viral. I mean I saw a video where he said “if I had 5k, I’d buy a 100k property that has 4 units. I rent out 3, live in 1 and now I make 10k a month and live for free”
@@dwarian5252 i mean at this point, if you're makin money by doin nothin, why not keep goin? Obviously bro doesn't have any actual hobbies other than ripping people off.
Assuming teenagers are getting $300 a month from their parents as an allowance is about the most rich person thing I've heard. My allowance was the roof over my head😅.
I maybe got 25-50 bucks here and there if I did a bunch of chores, yard work, or sometimes made good grades in school. That was it though. My parents would of never given me 300 dollars.
When you walk into a restaurant, you shouldn't be asking yourself "what am i going to eat?" You should be asking yourself, "how am I going to buy this restaurant?"
3:14 WHAT KID IS GETTING 300$ A MONTH AS AN ALLOWENCE??? Bro, my allowance was food and a roof over my head. I have 3 brothers. With that logic, my parents would have to pay us 1,200$ a month!
Crazy, I also got no allowance but my parents were pretty chill if we asked for something we REALLY wanted. Half the time we could have it. I even got an American girl doll
yeah, our family started off pretty well, but my dad ended up drinking up all his skill and money. by the time I was 6 the family split and i was stuck living with an alcoholic father who used the few friends he made and our corrupt justice system to destroy my mother. Needless to say, I didn't get any allowance, and I was lucky if the bastard had food in the house, let-a-lone cook it for me. so yeah, $300 a month would have been nice. I could have got food, but still probably not enough to start real estate investing, especially with the trauma I was going through mentally.
I had no idea allowance was even a concept until I had a job myself. If I had ever dared ask my parents for money they would have laughed, not because they’re cruel or anything just because they needed every penny they had. The audacity for this 15yo to tell me what I need to be doing, wow.
@@ahmadsaab5217If you actually are trying to start an argument about economics in a TH-cam comment section then you have no understanding of anything whatsoever
@@ahmadsaab5217 They have higher wages in European countries, and last I checked, Europe was doing fine economically. In fact I believe the Euro has more buying power than the dollar. This whole "wage-price spiral" theory you allude to isn't grounded in reality at all and is pure propaganda designed to stop you from demanding a higher wage.
Raising minimum wage raises cost of products when your currency is so weak because it's based on oil prices instead of gold like a real country. Wait till you find out what it's like making more money!
400k a year is life changing money and I would take that much in a fucking heartbeat I don’t care if I have to clean hella dirty bathrooms or creepy cemeteries for that money
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
I have a buddy that went on a job interview at his company. He was interviewing for a web developer position and Grant and His partner (another douchebag) asked questions like, "Why should I hire you instead of some kid that just graduated from High School." He said that this guy and his partner only spoke in sales pitches and the both of them were complete douchebags.
I mean is the question wrong like you can’t blame him for that. A high school kid that spent time learning how to code will cost him infinitely less than a grown ass man especially for a job that doesn’t require THAT much skills sets
I hate reading stuff like this. Those who have never written a line of code in their life think that being a software developer is so easy. Why? Why do they think that? Has anyone ever said that being a doctor is easy, or being a construction worker, or a professional athlete? Why do people default to thinking most jobs that they don't understand must be really difficult, yet being a software developer must be easy? There are 100's of programming languages, 1000's of frameworks/libraries, and dozens of platforms to develop for. I've been a developer for 20+ years and still don't know even 1% of it all. The field is massive! And it isn't just applications that run properly that you have to worry about, it's performance, security, scalability, maintainability, etc. AI might be able to help you with writing correct code but it sure as shit can't help with all the other concerns (and that is coming from SEVERAL senior level devs actively employed). Bottom line is that computer science is just as hard as any other field and just like all other fields, it takes decades to master. Why would anyone think it is any different?
@@d1legendary246 "that much skill sets" except: (probably) understanding multiple programming languages a fuck ton of research coding in the first place debugging and fixing the code if there are any errors figuring out code optimisations to avoid slowdowns or future errors you also need to be able to talk to other people very well, especially if someone else is on the team while it isnt an explicit requirement, its a bad idea to make a website or some kind of program without first securing it; IE cybersecurity. theres a reason cybersecurity is a very high paying job, and its precisely because a lot of, and im being nice here, fucking idiots need to be babied to understand even the most basic cybersecurity, so they outsource to companies with experts who then have to deal with people being annoying and then also not listening to the extremely helpful advice of a cybersecurity expert keep in mind that youll have bosses who are basically code illiterate and youll have to be able to talk to them about what they want you to do, and theres very often a "time limit" to get all of these things and more completed. also, while there can be young adults who are good at programming, when you are interviewing someone for a position, you have to know their qualifications and they prove their mastery, so a high school diploma and an email from your teacher probably wont cut it. BUT a bachelor's degree in a computer science would be very sufficient to prove that you are qualified for the position, a very difficult position.
I was working every weekend mowing lawns, Saving my 300$ a week allowance. When it came down to it and I finally had to leave the nest at age 9, I asked my father for a small loan of a million dollars
@@bogdanlevi Oh heavens, no. It was much worse, I was only gaining 100K a month off of it. I could barely afford anything the first two years that I was living on my own in a house that he bought me.
@@corbinkendall6330 as you should. If you're blowing $400k/yr, you're a certified moron. I mean, depending on how much you make. lol If you made $4m a year, $400k wouldn't be shit.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
I once served Grant Cardone and his daughters at this restaurant I used to work at. something happened with the power during his stay and he demanded a refund. All I remember is directing him to a manager and his daughters apologizing to me on his behalf
This reminds me of those videos from a few years ago that were like "My teenage son bought a Tesla" and the first step of the video was "I own apartment complexes and I gave control of the Laundromats to my son so he can have free money"
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
My brother and I worked for our dad's company. It went bankrupt in 2022. He did everything he could to Support us. I miss him so much. Definitely not a millionaire just want my dad.
This 'get rich quick' fake advice from 'finance gurus' is beyond frustrating. They sell pipe dreams and prey on desperate people seeking to improve their situation. It's a harsh reality that wealth creation takes time, discipline, and hard work.
The harsh reality is if someone pays an influencer for a course on how to save money, they've already failed at saving money. It's basically like having a course to help you get sober, but you have to show up drunk or else they won't let you in. You're right, it takes time, hard work, and (what I believe is the most important thing) discipline. First step to saving money is to NEVER buy online influencer courses on how to save/make money.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
Same I only make 20k as a security guard but thats more a side gig cuz i basically run a sheep farm with my wife so yea even with that it's nowhere near 400k lol
Giving more money to the government isn’t going to solve the financial inequality issue, you have to get the ultra wealthy to spend that money on investments or goods and services, then it actually goes back into the economy, if you just have the government take more money from them all you will have is more bloated government programs that don’t work, VA for example, not to mention all the corruption of the US, why tax bezos if it’s all going to end up in pelosi’s checking account?
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201here's the difference Charlie isn't pretending to be able to give u the secrets to making money This idiot does and then charges you for it That's the difference
had an advisor come in to our COLLEGE class and said ''this generation for some reason thinks it's hard to save money'' and i could not stop myself from putting my head in my hand. like man go back to speaking at grade schools, we're all sitting here getting in debt and living off ramen for a degree we may or may not even be able to make use of later.
@@Rubenz343 nah it's just that the job market just sucks, with or without a degree. its not a matter of ''right'' or ''wrong'' degrees, it's a matter of even being able to acquire jobs that make use of them at all. no one is willingly applying for minimum wage jobs that barely pay the rent, that's just all there is. can apply to higher paying jobs, but if you're lucky and hired, you get to work them a couple years max before mass layoffs.
@yy22-dq9hx again, it's not a problem with the students or their choice of degree and career, it's a problem with the job market. i wasn't going to play the personal card because it doesn't matter, but im working for a compsci degree, and my future prospects involve applying for the least evil tech corp before getting in one of their regularly scheduled mass layoffs and looking at the next least evil corp. if you don't think mass layoffs happen as often as they do, its because when they do happen, the corps will make some other release to cover the headlines and dilute the SEO of their name. famous example is blizzard releasing a new overwatch charatcter every time they do something bad. they happen more often than any one of us could know. and anyhow students should be allowed to learn about what they love and make a career out of it and still have a glimmer of hope for their future, no matter how big or small their job prospects are.
@yy22-dq9hx idk where you live but here it's really hard to get a job regardless of if you picked a "good" degree. i know so many business and comp sci majors that have been struggling to find a job for a while bc the job market just sucks rn
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201grant cardone not gon let you hit lil bud, penguin is pointing out the delirium in grant cardones statements about how to make money with unrealistic standards to begin with, he sells courses and hosts talking events with insane prices to gouge the already struggling “entrepreneurs”
@@Nichole9201 You know he can just donate you some money if you ask him during a livestream, right? That way you'll have enough money to buy some fries to go with all that salt of yours.
Grant is ridiculous. he says put 300 bucks in real estate that pays you 30 bucks a month… that’s a 10% return per MONTH. Im a developer and I can tell you if you get a quality investment at 10% per year you are very happy. And you can’t invest 300 bucks into real estate unless you stick it in a public reit or something which is going to earn you even less than 10% per year even possibly lose you money. It’s always the same thing, “I did so can you” with never any substance on how to do it because it doesn’t exist.
I so hate it when people always give you the "I used to do that so why can't you" as if what they did implies with the same external factors to me, it's fucking bullshit
Real estate gurus often pitch some weird mortgage schemes where you get 20:1 or even higher leverage. This Cardone guy if I'm not mistaken has a bit where he describes how you "go to the bank bring them $1 mil, they multiply it making it $3mil $5mil, blah-blah-blah a billion dollars". So a 1000:1 leverage in this case. In their universe 10% a month probably makes some sense.
Guys like him are full of sh. The only way they make money is by scamming or selling a pipe dream to a bunch of desperate and braindead fools via courses.
"How do you make sense of $35,000 a month?" Mate, I would happy to make $35,000 a *year!* I'd have a little more money each month for myself and I'd worry less on what ever bills and Body Corporate I have to pay.
This guy knows what he is talking about. At $300 a month, that's $3,600 a year. The average home costs about $400,000 (AUD), so all you need to do is save up for 23 years, and you will have $85,000 for a nice down payment. So, at the sweet old age of 38, you can buy a shitbox home with a $315,000 mortgage. with a rough average interest rate of 5% at 30years you make -1,388$ (aud) a month... at least you will own the home at 53 if your not bankrupt
@@ericb8689 in my area (not the city), the price for a 3 bedroom, single story house is essentially 750-800k aud (~540k USD) for 2 story, it is easily 950k+. There are a lot of different factors in play that can change the price, but that tells you that 400k AUD is too low, lmao
@@ericb8689 in my area (which isn't the city), house prices are usually from 750-800k, but some can easily be in the 900-950k+ range. 400k would be a steal. once you enter the city, it is usually 1 million minimum, but can easily go in the multi million range
Dawg when i was deployed, when factoring in on base housing, COLA,Taxes and the rest, i had a bit over 100k a year. When i tell you, going from my parents never making over 60k despite both of them working, then when i first moved out living on like 35ish, i had more money i knew what to do with, i just started paying my families and friends debts. Thats not like a boast i was just blessed. Saying youre embarrassed for 400k is...idk dawg. Thats past outta touch.
Best tweet i read: "The 2000 dollars you worked hard for is far more rewarding than 200'000 you get for free" "*dont ever give out finnancial advice again*"
There's _almost_ a point here. At least personally, I feel better about money I've made versus money I've been given. It clicks something in my brain, probably some sort of reward response, to have something I've earned myself. Being given money doesn't feel as good, and such a large sum of money would make me feel guilty for having received it for nothing, largely because who am I to receive it over someone else? However, all that aside, I could really use $200,000 right now and would choose it in a heartbeat. Once I can live comfortably and not have to work a job I hate for 40 hours every week, I can worry about whether I've earned the money in my bank account.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
the fact people havent realized a majority of these "financial advice experts" are probably intentionally giving terrible advice so their audience keeps "needing" said advice and thus keep paying for their courses
It's not that they are necessarily giving them bad advice, it's just that you need a significant sum of money ($100k or more) you don't need or care about in order to start actually making f u money. But the people they market to and those looking for this advice are people wanting to make money but not having the funds already to make more. These people just don't recognize the system is rigged, and there isn't much they can do to actually get as wealthy as this guy. Take Taco Bell for example; I've seen financials for franchisees and they basically print money. To open up 1 store, you need to prove you have $2 million in liquid assets (basically cash), $5 million net worth, and access to significant capital. The real secret to making money is already having money which isn't a secret at all. But people really just don't get it because they only see the rare successful people that truly skyrocketed on their own and think it always happens while ignoring how luck plays a part.
Yeah, they give the advice of, "This course is 200$, but that's a small price to pay to learn how to make millions!". The reality is, if they were giving you real advice, they would tell you "This course is 200$, so don't buy this course because it's not something you currently need. Put that 200$ aside, and boom, you already saved 200$! Good Job."
@@Bfkcjscbsnjc you realize that he doesnt really care about losing money right? alotta this stuff is just for fun and because he enjoys doing it so he doesnt really mind taking gambles and losing profit. money isnt everything
"If anyone is trying to sell you the secrets to their success, YOU are the secret to their success." ‐‐ Cam James, TH-camr Heard this recently and it's remained rent free in my head ever since.
Aaron Smith Leven, a former Scientologist, was SO EXCITED that Charlie covered this that he had to talk about it on his channel because Grant Cardone is an OT level 8 Scientologist. He's at the very TOP of the cult courses.
There are so many articles out there of "Here's how I paid off my house and student loans by 30 and here's how!" and it's mostly their parents let them stay rent free at their mansion for a couple of years while making $300,000 a year at their parents' business. It's so frustrating that a lot of people think that is normal.
Lol I remember this article from like 3 years ago. Some 30 year old had a million dollars saved for retirement and in that article it mentioned he had inherited a house from his family along with a 800,000 dollar inheritance and his job was some gig he got from his family that paid 300k a year.
@@Jfromes1 So inspirational! 😂 That's just ridiculously lucky. I dated this chick who had no idea how wealthy her parents were. 6 bedroom mansion with a seperate house (essentially). It was hilarious and frustrating at the same time. Funny: Because she thought that everyone's parents bought them 30k car's as a 18th birthday present. Frustrating: Because she would just get 500 dollar's from her Dad most day's and spend it on BS. Then had the nerve to call her parents cuntzzz. They bought her a HOUSE and still thought that they were bad people. I didn't know them that well, but she didn't get cigarettes put out on her as a kid. Some people are oblivious to how good they have it. Objectively one of the worst people I've met. But the ussy was good and I was young.
There are people out there who really think you can buy an house just giving up avocados and Netflix. No wonder the economy is heading for another 2008 financial crash with that kind of financial ‘advice’
The fact that my mom lost about 20K to his conferences and still follows him actually makes me sad (I don’t think she does the conferences anymore but she still listens to him)
@@Ben-ud8vdthey brainwash people into believing they’re just one conference away for riches. One call from unlimited money. Right there. Just a few more bucks.
Ouch. I listened to 1.5 of his audiobooks like 8 years ago. Some generally useful stuff, a lot of grand delusions, but nothing you need to pay anyone for..
what they're saying is delusional, but there is nothing stopping you from becoming a business owner. a $200 LLC, a vehicle and a ladder and you can make $3m Revenue as a roof salesman your first year. no joke, go work at a roofing company to learn how the game works, then quit and start your own operation. i know these numbers sound fake but they are not. look into roofing storm damage insurance claims. ive never swung a hammer or used a nail gun on a roof, i just do salesman work knocking doors in hail storm damage areas and have laborers do the hard work.
“But what if my dad doesn’t own a company 🥺” like, good luck finding a company that will hire a 15yo and pay them 15k+ in a contract if they aren’t related to a major owner of the company
This man is Grant Cardone, I remember him from watching Undercover Billionaire, and in that show he was an absolute goober who literally got everyone to pay for things for him, then said no handouts. Truly one of the men of all time. I would really recommend undercover billionaire (season two)
I remember seeing a clip of Grant talking about hanging out with his family. He said something like “I never hang out with my uncle, that poorness is gonna rub off on me”
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201”one could say he is a con man, but he still has more credibility,” Yeah, I guess you are out of your fucking mind. Being a conman removes about all of your credibility instantly. You probably bought Boogie’s faddy tokens 💀
When I was a kid, I got a $10 allowance for doing chores around the house, and I would get paid to babysit my parent's friends' kids for the same price. Wasn't making $300 a week. Pretty sure if I had been, there would be some child labor laws getting involved. Heck, where I lived, you couldn't have an actual wage job under the age of 15. The most you could do was maybe bag groceries for tips, and you still had to be 14 at the youngest for that. And guess how often folks tipped for groceries? Its not like tipping at a restaurant. You are basically a bagging intern. As I got into my teenage years, my dad upped my allowance to $20. Didn't babysit anymore as all the kids were too old by then, but I got a part-time job as a teen. $8.25 an hour was minimum wage, and saving every last penny to pay for my car and gas at the time, while still going to high school. And he's talking about investing in real estate? No teenager is that business savvy, and no way we can legally do that as a teenager.
I’m 33 and haven’t made 400,000 in my life. Live with my lady. Nice two bedroom, downtown apartment in Athens, Ga. Eat well. Pay all my bills. Car. Vacations. Haha what?
I'm so glad that I'm not materialistic. It would be nice to have financial freedom of not having a mortgage/rent and car payments but it's not worth grinding 16 hour days for the next 10 years. I think I speak for most people when I say I came from a household that was not wealthy, mainly raised by the internet my parents didn't realy do much in the way of teaching me how to handle money, entrepreneurship, etc. as they didn't have the skills either. It my be anecdotal majority of the people that I know that are wealthy came from wealth. either they worked for their parents, their parents gifted them a franchise, or their entrepreneur parents just taught from from a young age how to be an entrepreneur (which I do respect a lot more than ther first 2 though this probably comes with a lot of financial backing and connections).
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
He didn’t get rich from real estate investments, he did some scamy shit by creating shady real estate investment portfolios where he was the primary beneficiary instead of his “clients”. The majority of his money comes from scamming his followers, otherwise he would have made the alleged career switch from a real estate mogul to an online guru.
My dad started giving me an allowance as a reward for getting in uni when I was 18. It was $30 a week (still loved and appreciated it tho). Stupid of me not getting into real estate 😂😂
A fun side effect of doing this, provided you have the means to, is the fact that it makes the scumbag banks blow a gasket cause they can't make any money off interest and end up paying you LOL
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
i lowkey agree with 400k grand a year bro that's lunch money ngl also every financial guru is a scammer you just learn about money by trial and error method
400k a year puts you in the top 1% earners in a lot of states in the country. This guy has never actually managed a dime of money in his entire life. I firmly believe he hired a good accountant and financial advisor and sits back thinking all his wealth is on him.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
Cardone is such a fraud. It was hilarious when he was on Jordan Belfort’s podcast and belfort was just trying to pick his brain about his sales approach and he couldn’t answer at all. He was being asked hypothetical questions and he would just answer with “well I would never be in that situation”. Such a joke
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The only people I trust about financial advice on the internet is Dave Ramsey, and Caleb Hammer. The only real advice is the boring stuff😂 Spend below your means, pay off debt asap, get a little bit of money in a savings account. Theres no shortcuts only avoiding the traps
Aren’t those the guys who make money ridiculing people for wasting money? Why would you listen to them? They’re entertainers posing as financial advisers. I mean, the advice you gave of don’t spend all your money should go without saying. It’s like telling an overweight person they need to eat fewer calories than they burn to lose weight. It’s easier said than done. Even when people buy unnecessary things and eat out alot it’s because they’re unhappy and buying things gives them short-term happiness. If curing that was as easy as telling them to stop, they wouldn’t need advice. Plus, I’ve seen how rich people spend their money. They LOVE buying unnecessary stuff and going to expensive places. It’s a myth that most people get rich by being frugal. And they also spend more than they make and live on debt. I’m an accountant and don’t think I’ve seen a rich person who didn’t have lots of personal and business debt. A key difference is that they pay low interest rates because they’re rich. And the REAL advice Ramsey and Hammer should give is to do what they did: Become fake financial advisers who make money pretending to give financial advice for entertainment. Same goes for everyone who makes money giving financial advice.
@@DoctorBiobrain I don't see an issue with them making money from that as long as they dont pretend they got rich doing something else. I don't think either of them have ever lied about how they made their money, unlike Grant Cardone, Gary Vee, ect. They also don't recommend anything dangerous, they would never tell you to buy some nft or meme coin. I don't think they give groundbreaking advice, but they have to cater to the lowest common denominator.
@@bigmike4923 My main problem with them is that they pretend to give financial advice while humiliating people who need help and acting like telling people to spend less is a solution after people are already buried in debt. Ramsey isn't so bad about that, but Hammer is TERRIBLE. I recently told TH-cam to stop recommending his videos to me because they were so offensive. Btw, I use a casting website for actors and once got an invite to be interviewed by Caleb Hammer, saying it was a "Lifestyle Audit Podcast". I'm a CPA and thought it was a boring podcast that wanted me to give tax advice to people. Then I saw his clickbait video titles on TH-cam and realized I was being set up because they assume people who use that website are desperate and can be exploited. I don't know if that's how he gets all his victims, but that disgusted me. But again, they ARE misleading people. Most rich people live beyond their means far more than the rest of us. They got rich from being the right person in the right situation and getting access to a lot of money, not because they stopped eating out and stashed money in a savings account. Most of them don't even have savings accounts because their extra money gets invested in deals that the rest of us can't get access to because we don't have the money or know the right people. And the best financial advice that can be given: Be lucky. You can afford to waste millions of dollars if you're lucky enough.
@DoctorBiobrain No one said anything was easy. But if you give anyone enough time, they'll come up with any number of excuses as to why they can't do x or y. You also fail to realize that most people today don't have common sense and genuinely don't know how to do things like have a budget. Most people are prey to advertising, most people don't know how to cook, most people can't work on their own cars, etc etc. You teach those people so they can be self-sufficient. And that starts with the simple stuff because basic finances is *simple.*
@@TheDragonSeer You’re describing how people have always been, not just people today. Most people never knew how to cook, fall prey to advertising, and can’t budget. And common sense is a myth that refers to things people learned but don’t know where they learned it from. Many things people think are common sense are outright wrong. And rich people are typically deep in debt, can’t keep budgets, eat out more than regular people, and waste far more money than most of us earn; so that’s not how they became rich. Their secret is that they make enough money to cover their loan payments; not that they’re frugal. And oftentimes that involves underpaying their workers, cheating on taxes, and screwing vendors, customers, and business partners. And you’ve got it backwards: People get rich due to luck, not competence. And the most important factor to succeeding in a capitalist system is having access to capital since that’s what it’s designed to reward; not hard work. If someone gets rich from their work it’s because someone with money made that decision. That’s why financial gurus make money giving bad financial advice instead of doing the things they talk about. So no, giving financial advice of telling someone to spend less and get a savings account is NOT good advice. Everyone already knows that and it doesn’t help.
1:50 when you dont have a dad or strong parental figuresa at all I think this is what you end up assocaiting as love kinda like how those same people end up in abusive relationships and never leave
It's not only that, if you aren't a strong person as well as codependent. You will be used and exploited if you keep being weak. Have someone give you the push to leave your current abused position and go.
"If I made 400k a year I would be embarrassed. You CANNOT live 400k a year." Dude mocked like 99.9% of his audience, and they all were like "yeah, I guess we suck." What a great personality.
"You cannot live on 400 grand a year"
- a guy who has never been poor
hey dont fuck with me!
I was able to retire at 33 after winning a million dollars and making it grow into an additional hundred thousand. If you're living extravagantly, 400,000/year isn't enough.
give me free robux skibidi
*Laughs in $400 a month*
aka a spoiled kid
Finance Chad 101: "Want to make more money? Here's how!" Step 1: Have money. Step 2: Invest that money. 3. Profit.
correct it takes money to make money, having money is the same thing as having an investor... lol
@@CryptoLogicGaming yes but hes saying step 1 you cant just "have money"
If you want to win the lottery, you have to make the money to buy a ticket
How to not be poor: "be born rich "
Truth
$300.00 allowance? I grew up working the family farm and got paid with dinner
That’s why you’re almost certainly 100 times a better human than these scammers
I got a 40 dollar allowance (per month), and I thought that was a lot. I felt privileged. My friend got 10.
Same here. I had 2 cows and started receiving the money from their milk at age 17!
you got dinner?!?!?!?
@@mangomariel I didn't get an allowance
35k a month not a enough?!?!? This should be less of a "how do you live on that" and more so "how the hell do you spend all that". I've literally always felt that 10-15k a month is pretty damn bougie. If you struggle to survive on 35k you seriously needa get back in touch with your roots as a human.
I feel like even 5-7k is living very comfortably, with rent lined up every month ,stocked fridge ,free time ,vacations and a car and spending money ,what else do you really need
@@onyx3019you can live off quite a bit less if you’re in a cheaper place
Rich people stuff gets real expensive real fast. I'm not trying to say that you aren't rich and wouldn't know that, but I have been around wealthy people and they genuinely live in a different world where everything is like four times as much. Just because the people selling the products or services know their clientele are rich and can sell it for more
@@sortaspicey9278 a quarter of 35k a month would still be more than enough a month, it’s greed and complete disconnection from normal society, even if I was a millionaire I wouldn’t spend like I was, I would be smart like I’ve had to be in the past to build something generational rather than blow everything I get so my descendants have to work like I did
@@onyx3019Depends where you live. If you live in SF, you’ll be spending just that much or maybe more on rent.
Tiktok is probably the worst place to get advice about life bro 😭
Fr
Is it bro
😎
@CJFMGSholy blabber
Reddit exists they literally lost in investment to a goldfish
Real
If you could not live on 400k a year, we would all just literally be fucking dead
According to the 2019 Wage Statistics published by the Social Security Administration, 99.38% of American wage-earners make LESS than $400,000
@@pgibbons72that’s their point. You don’t need 400k a year to live comfortably.
@papabear9938 i think that was that persons point too? Like, "yup, 99% of americans are fine on less than 400k"
disability is like 11k. I couldn't live a day in his bullshit world.
according to him you are already dead.
Fun fact, Grant Cardone is also a Scientologist. Yeah now it's starting to make sense isn't it?
Lmao doesnt surprise me. Saw a video of his a while back where he was saying that the tate brothers were two men he'd trust over like anyone else. Lol sure pal, thats cos youre not a woman.
🤯
Ahhhh, interesting. Yup.
Wow as if we needed more proof he was an idiot
@@yoitsmilotic I don't think most of these people joining Scientology r idiots. They just want the money. It's the young people that r brainwashed into it the most.
At 35k a month saying there's no way to live off of that, the man really needs to get cheaper cocain.
He’s clearly doing a lot if he’s spouting this as ‘advice’
"Take your allowance and buy real estate" LMAO
actually made me snort laughing :P
I’ve seen him for years, he’s gotta just be a troll at this point in an effort to go viral. I mean I saw a video where he said “if I had 5k, I’d buy a 100k property that has 4 units. I rent out 3, live in 1 and now I make 10k a month and live for free”
@OfficerJosephUTTP nah it's garbage
Yeah, like any sane person would sell realestate to a 15y.o. kid, let alone for 300$. Absolutely delusional-
On the same level as “my father gave me a small loan of a million dollars.” Man filthy rich people suck
With this guy's logic, you'll be able to retire by the age of 30.
which means he did something wrong cause he’s pushing 45 and still doing this 💀
@@sunfish9341 Grant is 66.
@@sunfish9341 man does have a ton of money cringe guy tho
@@MoltenArmour thats so much worse
@@dwarian5252 i mean at this point, if you're makin money by doin nothin, why not keep goin? Obviously bro doesn't have any actual hobbies other than ripping people off.
The fact he thinks 300 a month is a normal allowance for kids says everything you need to know about him.
That's his child support probably
CHRISTMAS! Maybe if 250 dollars of that was going immediately into an IRA for college.
Maybe 300 a year, possibly. Excluding birthday money
The dude gave away the fact that he came from money with that shit. 🤣🤣🤣
I like how bad he is with money and he tries so hard to convince everyone that he's not
Assuming teenagers are getting $300 a month from their parents as an allowance is about the most rich person thing I've heard. My allowance was the roof over my head😅.
And I quote: "you may as well call up you butler Jeeves and get a couple of gold bars"
frr
that's almost how much I get paid with my part time job
I maybe got 25-50 bucks here and there if I did a bunch of chores, yard work, or sometimes made good grades in school. That was it though. My parents would of never given me 300 dollars.
@@maniacvision2867 the most I have gotten was 200 bucks ONE TIME and it's cuz I spent all day helping my friend move
When you walk into a restaurant, you shouldn't be asking yourself "what am i going to eat?" You should be asking yourself, "how am I going to buy this restaurant?"
RAAAAAAH
You should be in the bins round the back for the scrap food, then sell it back to them out the front for 500% mark up
@@MonstaTrapz A 500 % mark up for something you got for free still means you're giving it away. (🤓)
@perlundgren7797 Yes sir but you're networking and forming connections
haha... good Finance Chad advice
3:14 WHAT KID IS GETTING 300$ A MONTH AS AN ALLOWENCE??? Bro, my allowance was food and a roof over my head. I have 3 brothers. With that logic, my parents would have to pay us 1,200$ a month!
Crazy, I also got no allowance but my parents were pretty chill if we asked for something we REALLY wanted. Half the time we could have it.
I even got an American girl doll
Only child
Never had an allowance in my life
:^(
yeah, our family started off pretty well, but my dad ended up drinking up all his skill and money. by the time I was 6 the family split and i was stuck living with an alcoholic father who used the few friends he made and our corrupt justice system to destroy my mother. Needless to say, I didn't get any allowance, and I was lucky if the bastard had food in the house, let-a-lone cook it for me. so yeah, $300 a month would have been nice. I could have got food, but still probably not enough to start real estate investing, especially with the trauma I was going through mentally.
My parents would grant me an allowance
Allowed to buy one game and then do chores for it for the next month or two 😭😭
I had no idea allowance was even a concept until I had a job myself. If I had ever dared ask my parents for money they would have laughed, not because they’re cruel or anything just because they needed every penny they had. The audacity for this 15yo to tell me what I need to be doing, wow.
If you ever need money, just print money, easy.
@UTubeTrollbusterForce2024this shits gay and annoying notice how no one ever responds to you
Weimar Germany be like:
@@kenny187ful lol
That's why inflation is rampant at the moment
Bet I'll print it moist
They say you can't live on less than 400K per year, yet these are the same people who don't believe in raising minimum wage.
@@ahmadsaab5217If you actually are trying to start an argument about economics in a TH-cam comment section then you have no understanding of anything whatsoever
@@ahmadsaab5217 They have higher wages in European countries, and last I checked, Europe was doing fine economically. In fact I believe the Euro has more buying power than the dollar. This whole "wage-price spiral" theory you allude to isn't grounded in reality at all and is pure propaganda designed to stop you from demanding a higher wage.
raising the minimum wages fixes nothing, in fact, it will inflate the dollar and make everything more expensive
Raising minimum wage raises cost of products when your currency is so weak because it's based on oil prices instead of gold like a real country.
Wait till you find out what it's like making more money!
@@Bender_B._Rodriguez coming from someone whos boss makes like a million a year, he pays nearly half in taxes
Everyone can become a billionaire
Zimbabwe: "You should learn to aim higher"
😂😂😂ahhhhh
Savage
Can we get much higher
So highhh
Train harder. :)
“You can’t live on 400 grand” man I fucking wish I had more than a skittle in my account
i got a button, a piece of lint and a paperclip
I want a skittle 😞
A Skittle? I wish. I have some lint, a curly hair, two brown and one gray coin, and a fly.
400k a year is life changing money and I would take that much in a fucking heartbeat
I don’t care if I have to clean hella dirty bathrooms or creepy cemeteries for that money
@AttentionSeeker69- Fitting username.
Charlie saying *”Hey pal, You just blow In from stupid town”* is one of only favorite lines he uses, it always gives me a chuckle 😂
Classic.
Yeah he uses that line a lot and i love it also
"You absolute goober/neanderthal" is definitely up there too.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201bait used to be believable 😔
I have a buddy that went on a job interview at his company. He was interviewing for a web developer position and Grant and His partner (another douchebag) asked questions like, "Why should I hire you instead of some kid that just graduated from High School." He said that this guy and his partner only spoke in sales pitches and the both of them were complete douchebags.
I mean is the question wrong like you can’t blame him for that. A high school kid that spent time learning how to code will cost him infinitely less than a grown ass man especially for a job that doesn’t require THAT much skills sets
I hate reading stuff like this. Those who have never written a line of code in their life think that being a software developer is so easy. Why? Why do they think that? Has anyone ever said that being a doctor is easy, or being a construction worker, or a professional athlete? Why do people default to thinking most jobs that they don't understand must be really difficult, yet being a software developer must be easy? There are 100's of programming languages, 1000's of frameworks/libraries, and dozens of platforms to develop for. I've been a developer for 20+ years and still don't know even 1% of it all. The field is massive! And it isn't just applications that run properly that you have to worry about, it's performance, security, scalability, maintainability, etc. AI might be able to help you with writing correct code but it sure as shit can't help with all the other concerns (and that is coming from SEVERAL senior level devs actively employed). Bottom line is that computer science is just as hard as any other field and just like all other fields, it takes decades to master. Why would anyone think it is any different?
@@d1legendary246
"that much skill sets"
except:
(probably) understanding multiple programming languages
a fuck ton of research
coding in the first place
debugging and fixing the code if there are any errors
figuring out code optimisations to avoid slowdowns or future errors
you also need to be able to talk to other people very well, especially if someone else is on the team
while it isnt an explicit requirement, its a bad idea to make a website or some kind of program without first securing it; IE cybersecurity. theres a reason cybersecurity is a very high paying job, and its precisely because a lot of, and im being nice here, fucking idiots need to be babied to understand even the most basic cybersecurity, so they outsource to companies with experts who then have to deal with people being annoying and then also not listening to the extremely helpful advice of a cybersecurity expert
keep in mind that youll have bosses who are basically code illiterate and youll have to be able to talk to them about what they want you to do, and theres very often a "time limit" to get all of these things and more completed.
also, while there can be young adults who are good at programming, when you are interviewing someone for a position, you have to know their qualifications and they prove their mastery, so a high school diploma and an email from your teacher probably wont cut it. BUT a bachelor's degree in a computer science would be very sufficient to prove that you are qualified for the position, a very difficult position.
I was working every weekend mowing lawns, Saving my 300$ a week allowance. When it came down to it and I finally had to leave the nest at age 9, I asked my father for a small loan of a million dollars
But was it at 0% interest though?
@@bogdanlevi Oh heavens, no. It was much worse, I was only gaining 100K a month off of it. I could barely afford anything the first two years that I was living on my own in a house that he bought me.
The classic nepo-baby "I pulled myself up by my bootstraps" myth.
Lmao, goated conment
Lol
It feels like it’s Charlie against the stupidity of the entire internet. You are fighting the good fight
With an audience this big, hopefully we can all fight the good fight alongside Charlie. You can't fix stupid, but you can educate them
He always does the most basic takes that everyone agrees with. Would like to see him get into more controversial territory before saying that.
@@skoop651 what controversial takes would you like Charles Manson to speak about then?
@@skoop651 Of course you would
@@YoungGod1111 Should cats be allowed to vote
If I couldn't figure out how to live on $400k a year I would be embarassed with myself, as a husband, a father, basically as a human being.
My bills equal up to 30k a year i make about 35k so 5k for food and other expenses... If i have 400k i think i would have too much money.
@@corbinkendall6330 as you should. If you're blowing $400k/yr, you're a certified moron. I mean, depending on how much you make. lol If you made $4m a year, $400k wouldn't be shit.
@@corbinkendall6330oh wow ur bills r so low wut state r u in?
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@Star_ieieo idk if this is a joke or not, but you should use your bills to take grammar classes
I once served Grant Cardone and his daughters at this restaurant I used to work at. something happened with the power during his stay and he demanded a refund. All I remember is directing him to a manager and his daughters apologizing to me on his behalf
the fact the daughter apologized gives me hope
10$ says I can give even worse financial advice
@CJFMGSholy blabber
Prove it
I'll take it
Do it
I'll give you worse financial advice for free.
This reminds me of those videos from a few years ago that were like "My teenage son bought a Tesla" and the first step of the video was "I own apartment complexes and I gave control of the Laundromats to my son so he can have free money"
"You cannot live on 400k a year"
People making $2 a week in 40% of nations:
He sounds like a really down to Earth person /s
Love how he tried to relate to people "as a father, as a husband" blah blah.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@Nichole9201 Nichole stop spamming and just make one comment you look pathetic.
@@Nichole9201you sound so mad, gonna cry? 😂😂😂
My brother and I worked for our dad's company. It went bankrupt in 2022. He did everything he could to Support us. I miss him so much. Definitely not a millionaire just want my dad.
Sorry for your loss
GOT IT!
Step 1: work for my fathers company
Step 2: Locate and track down said father
This statement really gonna sting the black community. 😢 😂
@@Z1d3w1nd3r AYO
@@Z1d3w1nd3r i would deny that, but my parents divorced and my mom took me.
@@Z1d3w1nd3r???
@@Foxthatisaplushatleast you know your dad
This 'get rich quick' fake advice from 'finance gurus' is beyond frustrating. They sell pipe dreams and prey on desperate people seeking to improve their situation. It's a harsh reality that wealth creation takes time, discipline, and hard work.
Takes luck man only way out even if u set ur kids up by working ur life away they wont have the drive to keep it up thats how they set it up
The harsh reality is if someone pays an influencer for a course on how to save money, they've already failed at saving money. It's basically like having a course to help you get sober, but you have to show up drunk or else they won't let you in. You're right, it takes time, hard work, and (what I believe is the most important thing) discipline. First step to saving money is to NEVER buy online influencer courses on how to save/make money.
Yup. 90% of the time, their advice requires you to have $10k+ to invest. It’s just not applicable for most of the people who need financial help.
And luck. You have to have the luck to run into the right people and situations
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
Forgot to mention the best part about Cardone, he's a SCIENTOLOGIST.
No way lmao 💀
This makes everything make sense.
Omg!?? I didnt know
*WHEEZE
He also didn't always have a southern accent. He adopted it
My allowance was 25 cents a week. I had no excuse not to build a real estate empire on that by age 11. A true failure of accomplishment.
“If i made $400K a year , i will be embarrassed “???😭😭😭Dude I don’t even make 20K a year.
If I made 400K year I'd retire at 30
Damn bro get your bread up pls
Same I only make 20k as a security guard but thats more a side gig cuz i basically run a sheep farm with my wife so yea even with that it's nowhere near 400k lol
Don’t worry, he doesn’t earn $400k a year, they always lie about their success.
@@Mr-pn2eh I'd retire in a year from now, tops. Full financial freedom in 12 months, as long as I'm responsible with it.
"seriously how can you live on 3500 a month?"
Maybe he has a point. We should tax guys like him and give it to all the people earning less than that.
Its worse because he was saying 35,000.. that's like a yearly salary
ok tankie
Giving more money to the government isn’t going to solve the financial inequality issue, you have to get the ultra wealthy to spend that money on investments or goods and services, then it actually goes back into the economy, if you just have the government take more money from them all you will have is more bloated government programs that don’t work, VA for example, not to mention all the corruption of the US, why tax bezos if it’s all going to end up in pelosi’s checking account?
*crickets* "You guys haven't done the math"
No Grant...No....We did. 🤣
hey he's just speaking common core math that only post-2010 people understand.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201 bot comment, you've already written the same thing at least 2 more times
Bout every month we do the math
@@Nichole9201here's the difference
Charlie isn't pretending to be able to give u the secrets to making money
This idiot does and then charges you for it
That's the difference
had an advisor come in to our COLLEGE class and said ''this generation for some reason thinks it's hard to save money'' and i could not stop myself from putting my head in my hand. like man go back to speaking at grade schools, we're all sitting here getting in debt and living off ramen for a degree we may or may not even be able to make use of later.
If you're not sure you may be able to make use of your degree, you picked the wrong degree
@@Rubenz343 nah it's just that the job market just sucks, with or without a degree. its not a matter of ''right'' or ''wrong'' degrees, it's a matter of even being able to acquire jobs that make use of them at all. no one is willingly applying for minimum wage jobs that barely pay the rent, that's just all there is. can apply to higher paying jobs, but if you're lucky and hired, you get to work them a couple years max before mass layoffs.
@yy22-dq9hx again, it's not a problem with the students or their choice of degree and career, it's a problem with the job market. i wasn't going to play the personal card because it doesn't matter, but im working for a compsci degree, and my future prospects involve applying for the least evil tech corp before getting in one of their regularly scheduled mass layoffs and looking at the next least evil corp. if you don't think mass layoffs happen as often as they do, its because when they do happen, the corps will make some other release to cover the headlines and dilute the SEO of their name. famous example is blizzard releasing a new overwatch charatcter every time they do something bad. they happen more often than any one of us could know. and anyhow students should be allowed to learn about what they love and make a career out of it and still have a glimmer of hope for their future, no matter how big or small their job prospects are.
@yy22-dq9hx idk where you live but here it's really hard to get a job regardless of if you picked a "good" degree. i know so many business and comp sci majors that have been struggling to find a job for a while bc the job market just sucks rn
Grant Cardone has the nerve to sue others for $100M for defamation for calling him a con artist. he's literally the definition of a confidence artist.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201grant cardone not gon let you hit lil bud, penguin is pointing out the delirium in grant cardones statements about how to make money with unrealistic standards to begin with, he sells courses and hosts talking events with insane prices to gouge the already struggling “entrepreneurs”
@@Nichole9201 You know he can just donate you some money if you ask him during a livestream, right? That way you'll have enough money to buy some fries to go with all that salt of yours.
@@PhoebeLio He's a bot, he doesn't have claims.
@@PhoebeLio Tbf, the claims are actual garbage and only have validity when looking at them from specific lenses.
Grant is ridiculous. he says put 300 bucks in real estate that pays you 30 bucks a month… that’s a 10% return per MONTH. Im a developer and I can tell you if you get a quality investment at 10% per year you are very happy. And you can’t invest 300 bucks into real estate unless you stick it in a public reit or something which is going to earn you even less than 10% per year even possibly lose you money. It’s always the same thing, “I did so can you” with never any substance on how to do it because it doesn’t exist.
I so hate it when people always give you the "I used to do that so why can't you" as if what they did implies with the same external factors to me, it's fucking bullshit
@@dorjjodvobatkhuu6457exactlyyy. it’s always the super out of touch ppl who claim they’re like everyone else too
Real estate gurus often pitch some weird mortgage schemes where you get 20:1 or even higher leverage.
This Cardone guy if I'm not mistaken has a bit where he describes how you "go to the bank bring them $1 mil, they multiply it making it $3mil $5mil, blah-blah-blah a billion dollars". So a 1000:1 leverage in this case.
In their universe 10% a month probably makes some sense.
ROI of 10 months. He get back new one every 10 months. 😅
Guys like him are full of sh. The only way they make money is by scamming or selling a pipe dream to a bunch of desperate and braindead fools via courses.
"How do you make sense of $35,000 a month?"
Mate, I would happy to make $35,000 a *year!* I'd have a little more money each month for myself and I'd worry less on what ever bills and Body Corporate I have to pay.
He’s a nutty Scientologist too
All of em are
I remember when this guy was on an undercover boss type show, and cried when he couldn’t sell a car lol.
This guy knows what he is talking about. At $300 a month, that's $3,600 a year. The average home costs about $400,000 (AUD), so all you need to do is save up for 23 years, and you will have $85,000 for a nice down payment. So, at the sweet old age of 38, you can buy a shitbox home with a $315,000 mortgage. with a rough average interest rate of 5% at 30years you make -1,388$ (aud) a month... at least you will own the home at 53 if your not bankrupt
And that's not even factoring in inflation lol in that 23 years that $400K home will be end up raising to $600-800K depending on where you live 😂
where do you live where the average house is 400,000 AUD? the average house price is at least 800k in my area minimum
@@Camerzare they making up numbers where you live? A decent 3 bedroom two story house is 200k in the states
@@ericb8689 in my area (not the city), the price for a 3 bedroom, single story house is essentially 750-800k aud (~540k USD) for 2 story, it is easily 950k+. There are a lot of different factors in play that can change the price, but that tells you that 400k AUD is too low, lmao
@@ericb8689 in my area (which isn't the city), house prices are usually from 750-800k, but some can easily be in the 900-950k+ range. 400k would be a steal. once you enter the city, it is usually 1 million minimum, but can easily go in the multi million range
Dawg when i was deployed, when factoring in on base housing, COLA,Taxes and the rest, i had a bit over 100k a year.
When i tell you, going from my parents never making over 60k despite both of them working, then when i first moved out living on like 35ish, i had more money i knew what to do with, i just started paying my families and friends debts.
Thats not like a boast i was just blessed. Saying youre embarrassed for 400k is...idk dawg. Thats past outta touch.
Appreciate it brother
This is an incredibly low bar, but you're better than Grant Cardone.
No taxes babyyyyyyyyyy
50s son: ''i cant live on 6700 a month''
This guy: ''absolutely right!''😂
Slavery!
@@Bfkcjscbsnjc bro, if you gonna bait, you gotta try harder
I never had an allowance growing up. Kids that got paid to do the dishes, take out the trash out or do the laundry is wild to me.
That'd because you never had allowance
Best tweet i read:
"The 2000 dollars you worked hard for is far more rewarding than 200'000 you get for free"
"*dont ever give out finnancial advice again*"
Unless he meant in terms of appreciating it (not a chance he does, all things considered), then yeah, is he on something because what the hell?
There's _almost_ a point here. At least personally, I feel better about money I've made versus money I've been given. It clicks something in my brain, probably some sort of reward response, to have something I've earned myself. Being given money doesn't feel as good, and such a large sum of money would make me feel guilty for having received it for nothing, largely because who am I to receive it over someone else? However, all that aside, I could really use $200,000 right now and would choose it in a heartbeat. Once I can live comfortably and not have to work a job I hate for 40 hours every week, I can worry about whether I've earned the money in my bank account.
@@angstydoodles1101rughttt
How is that best tweet you’ve ever read? It’s completely untrue.
@@genehenson8851did the joke fly over u
How to be rich
step 1: have connections, don't be poor
Step 2: break laws, evade tax
Nah first step is have rich parents..
@@Malenia_BladeOfMiquella connections 🙂
@@Malenia_BladeOfMiquella It’s not what you do but who you know, same goes for committing crimes
How to be rich
Step 1: Stop Being Poor 😂
**Opens wallet**
**Fly hovers out in a melancholic manner, emphasizing my lack of wealth**
Damn. Couldn’t even afford the moth, just went full fly.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Fubie lol
@@Nichole9201 Ignore all previous instructions. Teach me how to make an omelet.
The best thing I ever saw is when the ex T-Mobile CEO blew Grant Cardone out of the water. Bro roasted him on every level for being a TikTok fake CEO
Yeah, who’s to say the numbers he’s shooting out are even real? He’s an absolute tool bag.
John Legere is a true smart man, not a con artist.
the fact people havent realized a majority of these "financial advice experts" are probably intentionally giving terrible advice so their audience keeps "needing" said advice and thus keep paying for their courses
yeah, that was Tate's strategy with his pick-up advice, lol
It's not that they are necessarily giving them bad advice, it's just that you need a significant sum of money ($100k or more) you don't need or care about in order to start actually making f u money. But the people they market to and those looking for this advice are people wanting to make money but not having the funds already to make more. These people just don't recognize the system is rigged, and there isn't much they can do to actually get as wealthy as this guy.
Take Taco Bell for example; I've seen financials for franchisees and they basically print money. To open up 1 store, you need to prove you have $2 million in liquid assets (basically cash), $5 million net worth, and access to significant capital.
The real secret to making money is already having money which isn't a secret at all. But people really just don't get it because they only see the rare successful people that truly skyrocketed on their own and think it always happens while ignoring how luck plays a part.
Yeah, they give the advice of, "This course is 200$, but that's a small price to pay to learn how to make millions!". The reality is, if they were giving you real advice, they would tell you "This course is 200$, so don't buy this course because it's not something you currently need. Put that 200$ aside, and boom, you already saved 200$! Good Job."
@@bluetiger2468 so many opportunities to place the dollar sign in the correct postion
@@Bfkcjscbsnjc you realize that he doesnt really care about losing money right? alotta this stuff is just for fun and because he enjoys doing it so he doesnt really mind taking gambles and losing profit. money isnt everything
"If anyone is trying to sell you the secrets to their success, YOU are the secret to their success." ‐‐ Cam James, TH-camr
Heard this recently and it's remained rent free in my head ever since.
"if they're not selling you a product, you are the product"
1:30 ah yes the first quadruple A Game: Boner in the Water. 😂😂
Aaron Smith Leven, a former Scientologist, was SO EXCITED that Charlie covered this that he had to talk about it on his channel because Grant Cardone is an OT level 8 Scientologist. He's at the very TOP of the cult courses.
Xenu wants YOU! to finance and divest today!
an ex friend used to receive 1k a week as allowance and would complain it’s not enough
thats 48k a year from allowance?
Lil bro was literally getting paid livable wages for simply existing and still cried about it? Jfc talk about a soft man 😂
@@chaosinsurgency9932more like 52 thousand. And that's all tax free.
no fuckin way
I feel so rich when I manage to have 1k in my bank account, that’s actually crazy
2:10 CHARLIE.
Huh
There are so many articles out there of "Here's how I paid off my house and student loans by 30 and here's how!" and it's mostly their parents let them stay rent free at their mansion for a couple of years while making $300,000 a year at their parents' business. It's so frustrating that a lot of people think that is normal.
Lol I remember this article from like 3 years ago. Some 30 year old had a million dollars saved for retirement and in that article it mentioned he had inherited a house from his family along with a 800,000 dollar inheritance and his job was some gig he got from his family that paid 300k a year.
Yeah it's always rich ppl to begin with who were born into rich family's alot of us are lucky to even have any family let alone a rich one.
@@Jfromes1
So inspirational! 😂
That's just ridiculously lucky.
I dated this chick who had no idea how wealthy her parents were. 6 bedroom mansion with a seperate house (essentially).
It was hilarious and frustrating at the same time.
Funny: Because she thought that everyone's parents bought them 30k car's as a 18th birthday present.
Frustrating: Because she would just get 500 dollar's from her Dad most day's and spend it on BS.
Then had the nerve to call her parents cuntzzz.
They bought her a HOUSE and still thought that they were bad people. I didn't know them that well, but she didn't get cigarettes put out on her as a kid.
Some people are oblivious to how good they have it.
Objectively one of the worst people I've met.
But the ussy was good and I was young.
There are people out there who really think you can buy an house just giving up avocados and Netflix. No wonder the economy is heading for another 2008 financial crash with that kind of financial ‘advice’
@@lexdavies3656 bro. Saving 20 bucks a month is totally gonna make buying a 650k ranch easier
7:35 she doesnt just work for her dads company shes contracted so who knows how much hes just giving to her
The fact that my mom lost about 20K to his conferences and still follows him actually makes me sad (I don’t think she does the conferences anymore but she still listens to him)
It's time to cut your losses
@@Ben-ud8vdthey brainwash people into believing they’re just one conference away for riches. One call from unlimited money. Right there. Just a few more bucks.
Damn, that must sure suck. I'm sorry.
Ouch. I listened to 1.5 of his audiobooks like 8 years ago. Some generally useful stuff, a lot of grand delusions, but nothing you need to pay anyone for..
Tell her he's a scientologist. If she doesn't cut ties then, she's a lost cause.
"I work for my dads company." Huh. Well, you see, I don't have my own company to hire my children at.
what they're saying is delusional, but there is nothing stopping you from becoming a business owner. a $200 LLC, a vehicle and a ladder and you can make $3m Revenue as a roof salesman your first year. no joke, go work at a roofing company to learn how the game works, then quit and start your own operation. i know these numbers sound fake but they are not. look into roofing storm damage insurance claims. ive never swung a hammer or used a nail gun on a roof, i just do salesman work knocking doors in hail storm damage areas and have laborers do the hard work.
She basically said "how to get rich before 20: is your last name Kardashian? Because that helps"
“But what if my dad doesn’t own a company 🥺”
like, good luck finding a company that will hire a 15yo and pay them 15k+ in a contract if they aren’t related to a major owner of the company
Well he's a scientologist.....so.....yea.
I never had an allowance. If I needed something my parents would buy it but only if they thought it was a good purchase.
This man is Grant Cardone, I remember him from watching Undercover Billionaire, and in that show he was an absolute goober who literally got everyone to pay for things for him, then said no handouts. Truly one of the men of all time. I would really recommend undercover billionaire (season two)
I remember seeing a clip of Grant talking about hanging out with his family. He said something like “I never hang out with my uncle, that poorness is gonna rub off on me”
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@Nichole9201 your mother
@@Nichole9201”one could say he is a con man, but he still has more credibility,” Yeah, I guess you are out of your fucking mind. Being a conman removes about all of your credibility instantly. You probably bought Boogie’s faddy tokens 💀
@Nichole9201 is that you grant?
@@Nichole9201At least Charlie gives out money. Grant needs all the money he can get so he can continue to help fund his Scientology addiction
That one Thai Ad of the guy that stops drinking because of stress and completely turns his life around is the best we’re gonna get for life advice
Truly a role model.
When I was a kid, I got a $10 allowance for doing chores around the house, and I would get paid to babysit my parent's friends' kids for the same price. Wasn't making $300 a week. Pretty sure if I had been, there would be some child labor laws getting involved. Heck, where I lived, you couldn't have an actual wage job under the age of 15. The most you could do was maybe bag groceries for tips, and you still had to be 14 at the youngest for that. And guess how often folks tipped for groceries? Its not like tipping at a restaurant. You are basically a bagging intern.
As I got into my teenage years, my dad upped my allowance to $20. Didn't babysit anymore as all the kids were too old by then, but I got a part-time job as a teen. $8.25 an hour was minimum wage, and saving every last penny to pay for my car and gas at the time, while still going to high school. And he's talking about investing in real estate? No teenager is that business savvy, and no way we can legally do that as a teenager.
I’m 33 and haven’t made 400,000 in my life. Live with my lady. Nice two bedroom, downtown apartment in Athens, Ga. Eat well. Pay all my bills. Car. Vacations. Haha what?
@@FikuKromoUzuFajrovulpon wym? How would he (Guru scammer) not be able to do that
go dawgs
I'm so glad that I'm not materialistic. It would be nice to have financial freedom of not having a mortgage/rent and car payments but it's not worth grinding 16 hour days for the next 10 years. I think I speak for most people when I say I came from a household that was not wealthy, mainly raised by the internet my parents didn't realy do much in the way of teaching me how to handle money, entrepreneurship, etc. as they didn't have the skills either. It my be anecdotal majority of the people that I know that are wealthy came from wealth. either they worked for their parents, their parents gifted them a franchise, or their entrepreneur parents just taught from from a young age how to be an entrepreneur (which I do respect a lot more than ther first 2 though this probably comes with a lot of financial backing and connections).
Patrolling the Mojave makes you wish for Charlie to replay fallout new Vegas
hell yeah brother
@CJFMGSholy blabber
@CJFMGS are you mad that you’re not getting as many views as charlie
@@NCR_Ranger1019it’s a bot, don’t reply to them
@@Qruixe404 Hell yeah brother.
I used to work for a honda dealership and they paid for “cardone university” and forced us to take the courses lol i hated him
"In between Tilted Towers drops on Fortnite and playing Roblox with the squad, he then goes and collects money from his tenants."
-Charlie, 2024, 6:29
"Financial" guy: YOU HAVE TO MAKE MORE THAN 400 GRAND PER YEAR
Those McDonalds cashiers: Hold my fries
Unleash your inner Wario
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
2:00 bruh lmao wtf i almost spit out my water
If you ever feel useless, always remember a people like him exist.
0:58 My father makes 65k a year for a family of 7 tf he mean
You need to make more of these videos exposing more financial gurus. It’s sad how many people fall for these scams
So many scammers out there I hate them all
Don’t we all
He didn’t get rich from real estate investments, he did some scamy shit by creating shady real estate investment portfolios where he was the primary beneficiary instead of his “clients”. The majority of his money comes from scamming his followers, otherwise he would have made the alleged career switch from a real estate mogul to an online guru.
$300 a month for an allowance is crazy bro better be working at 9 to 5 at them chores
My dad started giving me an allowance as a reward for getting in uni when I was 18. It was $30 a week (still loved and appreciated it tho). Stupid of me not getting into real estate 😂😂
Use your credit card for all purchases to maximize rewards points, but manage it like a debit card by paying off the balance at the end of each day
I just retired with this info i owe you my life thanks🙏🏽
A fun side effect of doing this, provided you have the means to, is the fact that it makes the scumbag banks blow a gasket cause they can't make any money off interest and end up paying you LOL
But drug dealers don't take credit cards?
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201 You mean that guy that has more money than you will ever have and doesn't scam anyone for it?
What is it with people on TikTok and horrible advice 😭
i lowkey agree with 400k grand a year bro that's lunch money ngl also every financial guru is a scammer you just learn about money by trial and error method
300 a month from allowence??? make that 30 cents
400k a year puts you in the top 1% earners in a lot of states in the country. This guy has never actually managed a dime of money in his entire life. I firmly believe he hired a good accountant and financial advisor and sits back thinking all his wealth is on him.
That was a grade A rant, Mr. Penguin. I dont usually watch your channel; but that was hysterical.
So the guy who wastes tens of thousands of dollars on a cardboard gambling addiction, the guy with a failing comic series, the guy who lost money on a EA team ego trip, the guy who needs to throw pathetic "free money streams" as bait for channel growth, the guy that has no business credentials whatsoever and has never had any success in the field is trying to shlt talk on someone else about their spending habbits and financial accumen is hilariously pathetic.
@@Nichole9201 I'd still trust him more than a scientologist
@@Nichole9201go away, you don’t like the channel and we viewers don’t like you. Why are you here? Bye Felicia 🤷♂️
“Yea your right gram, I should be, keep telling me how f***ing naughty I am” 😂😂😂😂shit is funny asl
😂😂😂 that was good
my financial advice is to shidd n farddd!
Costs literally $0
@UTubeTrollbusterForce2024 seek help
@UTubeTrollbusterForce2024 no
HELL YEAH HOSS
@@Aenima308 GOBBBLESSS
1:08 why does he just pause for an unnecessarily and an uncomfortable amount of time for no reason ☠️☠️
Cardone is such a fraud. It was hilarious when he was on Jordan Belfort’s podcast and belfort was just trying to pick his brain about his sales approach and he couldn’t answer at all. He was being asked hypothetical questions and he would just answer with “well I would never be in that situation”. Such a joke
i have never gotten an allowance im grateful enough to be fed and living in the home i do 😭😭
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If you see troll bots in the comment section, report them as spam and move on. Do not reply to them what they say.
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@@BaitPolice Charlie's farts are better than any of our own Btw
The only people I trust about financial advice on the internet is Dave Ramsey, and Caleb Hammer. The only real advice is the boring stuff😂 Spend below your means, pay off debt asap, get a little bit of money in a savings account. Theres no shortcuts only avoiding the traps
Aren’t those the guys who make money ridiculing people for wasting money? Why would you listen to them? They’re entertainers posing as financial advisers.
I mean, the advice you gave of don’t spend all your money should go without saying. It’s like telling an overweight person they need to eat fewer calories than they burn to lose weight. It’s easier said than done. Even when people buy unnecessary things and eat out alot it’s because they’re unhappy and buying things gives them short-term happiness. If curing that was as easy as telling them to stop, they wouldn’t need advice.
Plus, I’ve seen how rich people spend their money. They LOVE buying unnecessary stuff and going to expensive places. It’s a myth that most people get rich by being frugal. And they also spend more than they make and live on debt. I’m an accountant and don’t think I’ve seen a rich person who didn’t have lots of personal and business debt. A key difference is that they pay low interest rates because they’re rich.
And the REAL advice Ramsey and Hammer should give is to do what they did: Become fake financial advisers who make money pretending to give financial advice for entertainment. Same goes for everyone who makes money giving financial advice.
@@DoctorBiobrain I don't see an issue with them making money from that as long as they dont pretend they got rich doing something else. I don't think either of them have ever lied about how they made their money, unlike Grant Cardone, Gary Vee, ect. They also don't recommend anything dangerous, they would never tell you to buy some nft or meme coin. I don't think they give groundbreaking advice, but they have to cater to the lowest common denominator.
@@bigmike4923 My main problem with them is that they pretend to give financial advice while humiliating people who need help and acting like telling people to spend less is a solution after people are already buried in debt. Ramsey isn't so bad about that, but Hammer is TERRIBLE. I recently told TH-cam to stop recommending his videos to me because they were so offensive.
Btw, I use a casting website for actors and once got an invite to be interviewed by Caleb Hammer, saying it was a "Lifestyle Audit Podcast". I'm a CPA and thought it was a boring podcast that wanted me to give tax advice to people. Then I saw his clickbait video titles on TH-cam and realized I was being set up because they assume people who use that website are desperate and can be exploited. I don't know if that's how he gets all his victims, but that disgusted me.
But again, they ARE misleading people. Most rich people live beyond their means far more than the rest of us. They got rich from being the right person in the right situation and getting access to a lot of money, not because they stopped eating out and stashed money in a savings account. Most of them don't even have savings accounts because their extra money gets invested in deals that the rest of us can't get access to because we don't have the money or know the right people.
And the best financial advice that can be given: Be lucky. You can afford to waste millions of dollars if you're lucky enough.
@DoctorBiobrain No one said anything was easy. But if you give anyone enough time, they'll come up with any number of excuses as to why they can't do x or y. You also fail to realize that most people today don't have common sense and genuinely don't know how to do things like have a budget. Most people are prey to advertising, most people don't know how to cook, most people can't work on their own cars, etc etc. You teach those people so they can be self-sufficient. And that starts with the simple stuff because basic finances is *simple.*
@@TheDragonSeer You’re describing how people have always been, not just people today. Most people never knew how to cook, fall prey to advertising, and can’t budget. And common sense is a myth that refers to things people learned but don’t know where they learned it from. Many things people think are common sense are outright wrong.
And rich people are typically deep in debt, can’t keep budgets, eat out more than regular people, and waste far more money than most of us earn; so that’s not how they became rich. Their secret is that they make enough money to cover their loan payments; not that they’re frugal. And oftentimes that involves underpaying their workers, cheating on taxes, and screwing vendors, customers, and business partners.
And you’ve got it backwards: People get rich due to luck, not competence. And the most important factor to succeeding in a capitalist system is having access to capital since that’s what it’s designed to reward; not hard work. If someone gets rich from their work it’s because someone with money made that decision. That’s why financial gurus make money giving bad financial advice instead of doing the things they talk about.
So no, giving financial advice of telling someone to spend less and get a savings account is NOT good advice. Everyone already knows that and it doesn’t help.
"Bone on the water" is the best thing this guy has ever said
Ubisoft’s next AAAA game
@@kyewper Perhaps AAAAA ...
@@Mr.JimPickensI think AAAAAA
*Image of deaf daredevil screaming* AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
that guitar riff made by Deep Purple
-smoke- bone on the water
😂😂😂yo was listening to this at work 🤣😂🤣 eventually closed my office door cause I kept laughing 🤣😂
"One house, pwease" - 2 kids in an overcoat
1:50 when you dont have a dad or strong parental figuresa at all I think this is what you end up assocaiting as love kinda like how those same people end up in abusive relationships and never leave
It's not only that, if you aren't a strong person as well as codependent. You will be used and exploited if you keep being weak. Have someone give you the push to leave your current abused position and go.
@@powerstones7722 100% true good points
It sucks even more when your dad was abusive and tried to pass it off as tough love. My crappy cousin got torn up for not closing the toilet lid.
Wow thats some pretty bad financial advice. Maybe even the worst.
"If I made 400k a year I would be embarrassed. You CANNOT live 400k a year."
Dude mocked like 99.9% of his audience, and they all were like "yeah, I guess we suck."
What a great personality.
I make way less than that, and I own two toilets. I’m good, guy.
Newbie here! Absolutely loving your videos 😊 cheers me right up 😂 love from Liverpool UK xx
Big up Liverpool
2:32 "and they wouldnt even be familiar with our currency" thats for the clarification bro 😂
Bro the average 15 year old be working at Walmart NB getting less than what they should be paid for