7 Millionaire Money Lessons To Change Your Life.
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- เผยแพร่เมื่อ 26 มิ.ย. 2024
- Ex-Google TechLead on money.
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“ Money is like a hammer and everything else is a nail” wow..this dude is a legend.
I learned about money being very poor in the past. It was the best lesson I had because it makes me never step down to that moment of my life again.
But through the years I have learned that money doesn’t give you happiness but comfort.
Lately I balance in between saving money and having good moments in my life, not talking about expensive travels etc, but staying with people I love. Time is priceless and in your last hours, many people regret not spending more time with your beloved ones than any other thing.
Money is good and important but don’t forget money doesn’t buy time.
Ah, I forgot to mention if there is something that I already regret in my life. Yes, I have.
I regret not having seen Linkin Park when Chester was alive. I had some opportunities but always postponed to go another day. After his death, I got very upset. This is just one example that all money in the world can’t bring me this moment that I’ve never had, so from that moment I always make time to the ones I care.
in a lot of jobs there do nothings that earn the same money or more than an actual qualified person, becaue they have relationships or because they are more stupid than the boss and the boss likes them for that, what is then the worth of money when there is not much meritocracy behind it
My main motivation is time not money. I need money and I want a good retirement but I’ve worked manual labor jobs working 8-12 hours with long commutes. It’s no fun being away from home for 14 hours then eat and go to bed and do it again the next day. So having time for myself and to spend with my friends/family is my main motivation for my career
so are you working to not have to work anymore?
If you keep working what will change? Better position in the company and then more free time?
One of the best things money can buy, is peace of mind.
I think time and possibilities. If I had more money I'd use it directly to build softwares or stuff I love that doesn't exist
I know several wealthy people with sleepless nights and no peace of mind. I guess there's an exception to every general rule
I think you may not understand that the most important thing you invest to make money is your time. You need to balance time for your family and your business. In most cases, to become rich, you need to invest less time in your family and more in your business. However, once you have money, you may find that you don't have as much time for your family, which can negatively impact your mental health. If you neglect your family in pursuit of wealth, you may find that your mental health suffers. Without the support and love of your family, your emotional and mental well-being can decline, leading to feelings of sadness and despair. It's important to remember that money is not everything. Some people who are poor but have time for their family are happier than others who are rich but whose family relationships are falling apart.
@@graceomakada5082 There always is an exception. Sad for them...
Yeah that’s true, but not always. Just because you have enough money to live and not work doesn’t mean you’re gonna be happy necessarily or have peace of mind. Immediate relationships matter a lot more for that
So, the solution to not being poor is apparently to just be rich. Why didn't I think of this brilliant idea before?!
Would love more money talks :)
Impossible to read the comments with all these bots spamming
Great stuff! Love your unapologetic attitude and this video is so true!!
Very interesting indeed. My wife and I didn't start making TH-cam videos until AFTER we became millionaires, and TH-cam is now purely a way for our family and friends to keep up with our progress on various projects. Great video
the best video i have seen all week. no joke. thank you TechLead.
So true. The Direct and Honest to the face no BS video .
I bought my car in 2015 and the current resale price is about what I spent back then. Pretty good for a Japanese gasoline powered car.
Can I get multiple entries for RE65LI or only one?
fake pumper
SOME OF YOUR VIDEOS ARE BETTER THAN OTHERS … THIS ONE IS AMONG YOUR VERY BEST !!!
New place?
1. Make money, not save. It works from a certain stage. You could learn to code because you had a computer. If you didn't have it, you'd have to save up for it.
2. $100,000 is an amount that could save many people's lives. That's how much an operation or an expensive medicine can cost. With some of that money, a homeless person could buy nice clothes and go to a job interview. Or set up his own vegetable stall. Sometimes these people don't need to learn new skills because they already have them. Just something bad had happen it their life.
3. I would buy a house. Because that would be my place on earth. I could arrange it and take care of it. I would not hear from the owner that he is not extending the contract and I have to move out in 3 months. Not everything has to be an investment.
4. Charities also spend money on building schools in Africa, hospices, pay for expensive rehabilitation for children, etc. Just check what the charity you donate is doing.
5. I wouldn't brag if I were rich. It's not safe.
6. Ok, I don't do it anyway
7. Money (sometimes) helps solve problem with relationships. You can pay for therapy 😉
Praise be , for TechLead
Incredible video as always TL. Thank you
RE65LI at less than $1. is like BTC at $100. When RE65LI finally blows it's gonna be epic.
fake pumper
RE65LI at less than $1, is like RE65LI at less than $1
What are your thoughts on IULs as investment vehicles?
I definitely resonate with a lot of the points here, but $100k could be potentially life changing. *I think* that might just be enough money where it can fund a cool planned out business endeavor/idea (1-2 man) for enough time while not being an exit or something haha.
Techlead has made a seiries of horible financial desicions and continues to do so.
He is so detatched from reality.
The whole point of the video was that most "horrible financial decisions" don't really seem to matter in the big picture.
@@zerowilde Yeah hes seems detached from struggling as well
@@Byronic19134 lol
Much love from Canada 🇨🇦
Excellent video 👍
*Techlead can you please talk about chatGPT and Bard AI, we want your opinion on that, thanks*
he has one on chatGPT, of course it sucks according to him;)
He's already done a video about it
@@TechInnovatorFor22ndCentury hahaha but he didn't compare it with bard
Hair looking good as usual Patrick
Your dad sounds like an awesome guy like a really wise man.
I want an all girl metal band call “Imagine Dads.”
That was very insightful. Thanks for sharing your thoughts and feelings.
Always love watching ur vids! Gives me so much perspective in life. Modern day philosopher slash tech lead.
Hey, thank you, Yang!
if RE65LI can grow organically like that they will dominate that industry
fake pumper
Look at the markets right now and you see this is going wild 🛑
Strong! Have to buy until it runs out! Presale almost over
This is going viral right now
=========================================================
"Money is like a hammer"... Good point.
thank you
He is a visionary. RE65LI is a long hold
fake pumper
KEEP THE GRIFT GOING
I could not buy and customize a full-size transcontinental jet for $100 million, nor afford to fly it.
Chocolate rain!
@@franko8572some stay dry and others feel the pain
TechLead transitioning into PersonalFinanceLead! Nothing will ever be the same.
Great Points
Well said Techlead!
Truly love your candidness, I DCAed today again for BTC Re23re and ETH
techlead looks so happy in his new room
All hail TechLead
Request for an update on Re23re. Your the man, keep up the hard work in the depths of this bear market and we will all be asking “what’s a few trillion among friends
fake pumper
For anyone who would read this. I'm learning VFX and Python. But what else is there to do with coding and python that''d lead me to passive incomes or beside vfx what other stuff could I do or get benefits from learning Python?
Any inputs would be of help to set me up some ideas.
Thanlks in advance.
Goal is of course make money but also help the people around me.
Grade point about the future of work. With all this new AI stuff happening. I think people will be more conscious about what they do and will choose to do what they enjoy 1:28
#1 money lesson: Get Bitcoin 👍
If I had $100 million dollars I would buy up as much farmland as I could and save whatever I needed to sustain it. I would then take the profits, buy a poor town somewhere. I would fix up the town, build a nursing college, build assisted living homes, and develop a sucessful business plan around training nures and taking care of old people.
If I had 100$m I would use it to buy 25.5 Arcteryx jackets
motivation will come if there is constraint, happiness can only be feel after u experience sadness
😂😂😂 Who else can get a giggle out of you within the first 4 seconds? What do you put when “lol” actually means it!?
Tech lead ftw
That’s was like Levy’s Gotham chess stare. He does that too in his videos.
I was lucky enough to have 2 years were I was making a lot of money and I'm glad I had that experience, I basically found out that I don't really like money, I never knew what to buy. I would get excited about buying something just to find out that I was more excited about buying it than actually using it. I figured I really have everything in my computer, never been materialistic, it's cool if people like the grind of making money but I much rather just relax and make enough just to pay my upkeep and have a couple hundred for bs. I rather have my time for myself.
Don't Wait for Opportunity, Create it.
exactly, I don't understand why people always say they would spend it on lifestyle. The only two things I spend a good amount on rn are sneakers and food but thats it. Food is just something you need to live and you can get a lot of utility from sneakers...Could care less about watches or cars etc
Can a social science student study computer science
Re23re is awesome. We now have it here in Australia too. Thank God for that.
I began investing when I realized my retirement depends on myself.
He missed the "as a millionaire" in the title.
Good video
Here is the problem with being a multi millionaire which maybe you can explain sometime.
I am totally paranoid of losing it or having it get deflated over time.
I can't even sleep at night worrying about it. Yet, I have it invested in nothing because I am too afraid of doing anything with it. So just doing nothing with it means I am devalueing my money every day.
At the same time, I feel like unless I have 10 million I cannot be comfortable. I feel at 10 million I could have a couple million to erode or spend for something and still feel secure.
If I make any mistakes now and lose the money, I will never be able to get such money again. So what do people like me do.
Great 👍reach out for more insight ᴡʜᴀᴛsᴀᴘ✙𝟏𝟑𝟑𝟔𝟗𝟔𝟐𝟖𝟏𝟎𝟔📊
Best wishes ❤️
If your problem is real, you should open a business and help others earn money. It's tragic that you worry about it at night. Build homes for people who need a home. Help others learn what you know about money. Worry far more about your soul. There are parables in the Bible for your problems.
Its probably because youre in crypto which is way too volatile and some things do go to zero. S&P ETF will retain your wealth. Said in another way, if you cant sleep, diversify until you can.
Im not too worried about it. I heard from people alot richer than me theres times to make money and times not to make money. Right now, last i checked, its still time not to make money. Inflation is a pain. and it sounds like a therapist would solve that issue more than a financial advisor. Its just not a problem Im having so can give no sure way to solve it. Perhaps learn a new skill so you feel better prepared in case money goes to zero. For me Economic stagnation and inflationary pressure I just chalk up to malthusianism and cope with it pretty good and call it a day.
100K would be life changing for sure, that would get me a house
It could also put you through school or cover startup costs for a business with money left over. 100k is absolutely life changing money unless you live in San Francisco lol.
Lessons on money as a millionaire
Depends on the area.. my mortgage is significantly cheaper than if I were to rent.
I wonder if this guy is really an ex-google employee
Good points, TL. However, did you buy or rent your appartment? What would happen if rent went up or they booted you because of "personal needs" or something similar?
You talk exactly what’s in my mind, but with better Communication Skills! 😅😊 great content as usual !
Amazing!!!! Thank You so much.:)
You Missed the (as a millionaire) title
Great tips.
Techlead how can someone become your friend in real life if it’s not interested in your money? do you thought to organize some trip with the community to have fun?
Tech lead will commit suicide one day as a millionaire.. he needs therapy
@@manojisaac Why are you so sure about that?
I like the understanding Ecclesiastes had of money. One who loves money never has enough.
Most people don't know what
" MARRIAGE 👰 " is
... as a millionaire 😂🤣😅😆
Thank you
The knowledge how to make money is kind of inflationary. Your current knowledge become less useful in the future. So fair play in the long run
Nobody would do the vegetable picking and road sweeping if they could choose what work to do...... and £100k is the difference between debt and no debt - which is the difference between rich and poor.
The older I get the less I want to consume. All I want to do is travel the world at least 3 trips a year is my goal to start with.
Wow new place?
Something about him changed didn’t it? He’s more confident or something, deeper voice?
What i have learnt about money is every body need to experience it them self to see if indeed it can't make you happy, if you have it then give it all away and lets see what realy been keeping you happy
*Tʜᴀɴᴋs Fᴏʀ Wᴀᴛᴄʜɪɴɢ...
Sᴇɴᴅ ᴀ Tᴇxᴛ Oɴ WʜᴀᴛsAᴘᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ👆
Great advice as usual
thanks
TL wants his dad to give him some money?
This was, for me, a video I had to watch a couple times to appreciate fully what truth bombs tech lead is dropping.
You again mr Tech
money can solve money problem not relationship problem health problem time problem
hello tech lead
Hi Tech Lead.
My RE65LI shorts are doing pretty well and I plan to hold much longer.
fake pumper
lessons i learned: money attracts more money... and its only rich people saying money does not solve problems.
$100k would be a down payment for a home for a lot of people, and would pay off any credit card debt. It would be life changing for any working class person. But overall point taken, agree with most of what's said in this video.
His point is that your life doesn't change when you use that $100k as a down payment on a home.
There's no difference. On Monday you lived in a house. On Tuesday you make a down payment... and live in a house.
I grew up in a dumpster with a roommate called mom who never left the couch, and a little sister we agreed “had no conscience.” I ended up being what I ended up resonating with as “intense” with money. I don’t like to spend it, unless I need to spend it. Might as well have fun with it at that point right? I worked backbreaking labor for FedEx ground (quite literally) and managed to save up to my goal of 10k and just barely. I kind of broke in the process and got basically bribed out of trying to do anything about it (I WAS but their doctor was obviously in on something- “losing” my X-ray.) Anyway. I can’t stand money. I’m loving the 1950s housewife lifestyle and have never been happier. I do need to find a job as soon as my old dog kicks the bucket 😭 cos he’s my family-!! I lost my mind almost losing him before his diabetes diagnosis. All of my money since has gone to him (and my marijuana vice.)
what did i just read?
@@fizzfox8886 Memoirs of a Geisha
@@fizzfox8886 nah, fr. Spare yourself. DO NOT get into logistics.
@who? me? who? Me? 😂😂😂 I guess I’m just explaining why I see money as little more than a ball and chain. (Why I assume I even can. You spoon-feds seem to worship it while letting it simultaneously slip through your fingers like water.) #topteirtrolling
Teachers should show this video on moral lessons !!
Patrick, you're making a lot of excuses for not taking your sub's on a full day catamaran cruise, with food. We made your lifestyle possible, so we deserve it.
More than enough to change my life. I’m trying to save a 1/4 of that to start my own thing and sell food
good video.
Have to add to the examples.. ..if it was the only one you would ever own.
What car/clock etc would you buy.. if it was the only one you ever would own.
Wouldn’t be the showoff car that easily breaks.. would it?
You haven't called me yet
I spent a few years around millionaires often and their are not the interesting. The rust belt school of business in Chicago 1950 started a trend. All you need in 1960 is about 100k to have today's purchasing parity as millionaire.
I've been frugal my whole life (except for a stupid car I bought).
A few years ago, I retired at the age of 57. Now I live a happy life 🤑
I think saving money on individual items doesn’t move the needle yes, but when viewed collectively-say 1/3 reduction in annual spend-it makes a big difference in the amount needed for retirement, esp an early one where compounding is in effect. Esp true if projecting conservative equities returns (reasonable and good practice after decades long zirp run)
Now obv it’s better to just become good at making more money then none of this matters. But the dad does have a point on a broader level.
I'm here for the blood money thumbnail.
It's about where your heart is towards money. "Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy. Instruct them to do good, to be rich in good works, to be generous and ready to share, storing up for themselves the treasure of a good foundation for the future, so that they may take hold of that which is life indeed. 1 Timothy 6:17-18. This saith the Lord.
I’m the richest person in the world and that’s because I’ve got my Health! Without health your money is nothing.
100k would change my life
I learned 2 lessons the hard way.
1: never loan money to a relative
2: If there is something that you need, research it and then save to pay cash for it .
I once bought an item for an even 10k. 4 years of payments and i paid 14250 for the 10k i borrowed. If i had cash i could have gotten it for maybe 9k. That was the last time i financed anything.
Bros RE65LI is going so crazy and unexpected that this is pretty much everywhere and spreads like crazy. Is this the real pandemic?
fake pumper
Love your channel thanks for the excellent content💜✌