The Fastest Way To Get Poor

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  • เผยแพร่เมื่อ 13 ม.ค. 2025

ความคิดเห็น • 616

  • @Explains101
    @Explains101  4 หลายเดือนก่อน +98

    Thanks for watching!
    A quick reminder: all my videos have subtitles if you want to read along. If you enjoyed the video, please like, comment, and share with your friends so more people can learn. Don’t forget to subscribe for more content!
    I’d also love to hear your thoughts, ideas, and suggestions-feel free to share them here!
    Thanks once more for your support!

    • @mh91012
      @mh91012 4 หลายเดือนก่อน +1

      Hi I just want to ask you, where do you get this text to speech sound?

    • @davidarvingumazon5024
      @davidarvingumazon5024 4 หลายเดือนก่อน +1

      I take 2.3k+th ticket viewer. This based. 👍

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +2

      @@mh91012 Elevenlabs 🙃

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +2

      @@davidarvingumazon5024 Thank you for watching! Welcome to Explains 101 community!!! 🎉

    • @directorchris2
      @directorchris2 4 หลายเดือนก่อน +1

      Marriege?

  • @daophilac
    @daophilac หลายเดือนก่อน +446

    I love the quote "if you're the smartest person in the room, you're in the wrong room".

    • @AfunnyThing
      @AfunnyThing หลายเดือนก่อน +1

      fr

    • @arieljuarez963
      @arieljuarez963 หลายเดือนก่อน +8

      A dumb quote to be honest, makes no sense, if you apply that quote, all the rooms will be empty with just one person

    • @valent1594
      @valent1594 หลายเดือนก่อน +17

      ​@@arieljuarez963 It actually makes sense. It simply means that you should always surround yourself with people who are smarter than you, to get inspired growing and keep learning.

    • @justduro1527
      @justduro1527 หลายเดือนก่อน +15

      ​​​@@valent1594 But then those smarter people would want to surround themselves with people who are smarter than them and everyone ends up alone.

    • @aether3697
      @aether3697 หลายเดือนก่อน

      Then, the trick to that matter is to not let other people know about the OP's tip. ​@@justduro1527

  • @MS-ql8ek
    @MS-ql8ek หลายเดือนก่อน +194

    In 1997 my homec teacher was fired 2 months after she was caught teaching students about financial education, how to save and how to spend properly so we don't go broke. I later found out that high school teachers are banned from teaching financial education and that it is up to colleges to teach us

    • @hauntedhouse7827
      @hauntedhouse7827 หลายเดือนก่อน +17

      That's insane!

    • @MS-ql8ek
      @MS-ql8ek 28 วันที่ผ่านมา +21

      @hauntedhouse7827 yup not sure if it's state specific but public high school teachers are not allowed to teach financial education but private schools are allowed to though. Some teachers get fired for being too friendly with students. Only colleges are allowed to teach it like if it's trying to lock kids out from learning it early so they get into the debt trap

    • @panuwatbuthorntaraj2909
      @panuwatbuthorntaraj2909 28 วันที่ผ่านมา

      Some education may make the wrong concept in children life.
      I think adult teach you to invest more risk in future, Warrant because can leverage make more profit but high risk.
      The invest edu need 18-22 year old to learn.

    • @hauntedhouse7827
      @hauntedhouse7827 27 วันที่ผ่านมา +2

      @@MS-ql8ek I would love to hear the reasoning behind that particular decision. Do you mind me asking which state?

    • @MrAnderson2845
      @MrAnderson2845 13 วันที่ผ่านมา

      The irony

  • @soham_king1568
    @soham_king1568 หลายเดือนก่อน +71

    Bro just summarized how to live happily with no financial problems in 15 minutes.

    • @jum3aa439
      @jum3aa439 หลายเดือนก่อน +4

      You can live happily easily without doing anything he mentioned. Debt is the biggest thing here. You wont be able to invest much when you have 5000 in credit card debt. Imagine being charged a 20% interest rate on a $5000 debt when the average of the S&P 500 was 11% over the last 10 years. It makes more sense to pay off the debt first then invest

    • @trevorfranks69
      @trevorfranks69 หลายเดือนก่อน +1

      You will still encounter financial problems. That's called life.

  • @kaustubhdwivedi1717
    @kaustubhdwivedi1717 4 หลายเดือนก่อน +184

    I don't know how this video was recommended to me, but I genuinely needed this. Great Video man!

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +7

      I'm very happy when more and more people find my video from recommendation, which means TH-cam finally doing something good for me 😅
      I'm also glad you found this video helpful to you, and you can also help me share this video with your friends and family so more people can learn and avoid these traps 😊
      Thank you ~~

    • @dannyyeung8237
      @dannyyeung8237 3 หลายเดือนก่อน

      5:50 The house always wins. So gambling addiction is bad.
      Card counters: well, this isn’t true. The house can’t win against card counters. If you are playing strategically, you can mostly win by counting cards.

    • @Mizionaree776
      @Mizionaree776 2 หลายเดือนก่อน +2

      Praise the Lord

  • @franciscomontano2304
    @franciscomontano2304 2 หลายเดือนก่อน +219

    A smart man learns from there mistakes but a wise man learns from others mistakes.

    • @myaccount9498
      @myaccount9498 2 หลายเดือนก่อน +22

      *their

    • @xxGreenRoblox
      @xxGreenRoblox 2 หลายเดือนก่อน +16

      @@myaccount9498 Why do you feel the need to correct a small mistake
      Honestly how you guys operate seems like something you'd be able to write with coding
      if not understandable:
      if smallmistake:
      comment.reply(smallmistake)

    • @jonkwansung6756
      @jonkwansung6756 หลายเดือนก่อน +7

      *their mistakes...

    • @HaHaHaHolowence
      @HaHaHaHolowence หลายเดือนก่อน +5

      *their, not "there".

    • @im_sokk
      @im_sokk หลายเดือนก่อน

      Just dont be rich

  • @alexg6720
    @alexg6720 3 หลายเดือนก่อน +300

    bro saved 13K people from poverty

    • @sachin2842
      @sachin2842 3 หลายเดือนก่อน +7

      28k*

    • @Ricardoricardo7
      @Ricardoricardo7 2 หลายเดือนก่อน +3

      46k*

    • @Empty_Bottle
      @Empty_Bottle 2 หลายเดือนก่อน +1

      55k*

    • @Terrinist
      @Terrinist 2 หลายเดือนก่อน +1

      @@Empty_Bottle 56k*

    • @princeude1120
      @princeude1120 2 หลายเดือนก่อน +2

      59K*

  • @michelprimeau4531
    @michelprimeau4531 หลายเดือนก่อน +35

    You should add Not taking care of your stuff. It's incredible how some people always end up with broken stuff that needs to be replaced.
    Also Buying cheap stuff. You end up spending again for the same thing over and over. Aim for what gives you the best quality for your buck.

    • @Financialwiz4567
      @Financialwiz4567 หลายเดือนก่อน +3

      These are very tricky areas. First, I have a brother who spends hours per week taking care of his physical assets such as lawn and vehicles. He even washes and waxes his lawn mower after every use. I have tried to explain to him the waste of time and therefore money (time = money) . His time would be better spent working ten hours more per week than mowing and washing the mower that has a 5k value when new.
      As for buying cheap stuff, I totally agree with you if the item is a daily or common use item. But I do buy cheap tools if it is something I seldom will use and will hold up many years if only used a couple times per year.

    • @michelprimeau4531
      @michelprimeau4531 หลายเดือนก่อน +1

      @Financialwiz4567 Yeah, there's always the law of diminising return.

  • @sh0wn275
    @sh0wn275 หลายเดือนก่อน +18

    I worked at a fast-food chain for 15 months, earning the equivalent of $100 per month (converted to USD). Later, I worked at a call center company for one year, earning $200 per month. Despite this, I’m still poor and broke because I fell into all of the top 10 'Fastest Ways to Get Poor.'
    Now, I have a new job and I want to change and become a better version of myself. I hope to achieve financial stability soon.

    • @msmaria5039
      @msmaria5039 หลายเดือนก่อน +4

      Hey, just keep going.

  • @QTLouie
    @QTLouie 3 หลายเดือนก่อน +132

    Have Kids

  • @DCYPT
    @DCYPT 4 หลายเดือนก่อน +81

    the algorithm is on your side, bud. Keep doing what you do, it's really good. :)

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +5

      Thank you for your support!!! I really hope that the algorithm will side with me this time 😊 Thank you for watching 😁

  • @olhickory9815
    @olhickory9815 หลายเดือนก่อน +23

    I'm confused how most people don't know this? It all seems common sense to me. Pretty much all of these one could actually learn within a video game that has a purchasing mechanic. The only thing that I could understand is not caring, and caring more about a "good time", yet there have been those who lived with less who felt better, so it just makes sense. Also, when you have money, you can improve things and it gets better anyways. In short, a win-win-win

  • @zeke3619
    @zeke3619 3 หลายเดือนก่อน +76

    I didn't have to try hard to get poor.

    • @lalaj2887
      @lalaj2887 หลายเดือนก่อน +1

      Nah but there's someone who is geniunely want to get poor very fast

  • @ElHipokondriako
    @ElHipokondriako หลายเดือนก่อน +8

    5:14 that's so real. When my girlfriend (now wife) and I first moved together he had a lot of anxiety and guilt over spending any money. Making a budget allowed her to spend money with peace of mind, and we could still save some money month by month.

  • @portundra1
    @portundra1 3 หลายเดือนก่อน +15

    THANK YOU! I watched one stock dividend video and was swamped by "get rich quick" videos. But your video was a diamond in the rough.

  • @someperson3883
    @someperson3883 3 หลายเดือนก่อน +15

    1. Quit your job
    2. Spend on credit cards
    3. Don’t pay it off

    • @chillydawgg4354
      @chillydawgg4354 ชั่วโมงที่ผ่านมา +1

      4. Get really into gambling & nicotine

  • @favmusicsong
    @favmusicsong 3 หลายเดือนก่อน +29

    This video should have 10 million views

    • @Gregggggggggg
      @Gregggggggggg 8 วันที่ผ่านมา

      I hope it will

    • @Mr.Ditkovitch-g7q2h
      @Mr.Ditkovitch-g7q2h 2 วันที่ผ่านมา

      @@Gregggggggggg everyone can't be financially intelligent for you to succeed.

  • @jossguerrero277
    @jossguerrero277 หลายเดือนก่อน +32

    People commenting "getting marriage or have kids" really need to learn about financial literacy

    • @nikolaybelousov1070
      @nikolaybelousov1070 หลายเดือนก่อน +3

      Marry up, and only have kids if they help you lock in that financial marriage or are an asset in and off themselves (helping you after you retire, or earlier).

    • @bentonrp
      @bentonrp 15 วันที่ผ่านมา +3

      Yes, they're all wrong; Getting married is a great financial strategy if you marry rich and file for divorce.
      I knew a guy who married a beautful woman and became a millionaire the next day. He was a billionaire before that.

    • @Luka23567
      @Luka23567 4 วันที่ผ่านมา +1

      Most people would be better off not having children, that’s for damn sure.

    • @dexcortez7425
      @dexcortez7425 3 วันที่ผ่านมา

      The rich without a wife/chiLdren i still LiteraLLy figurativeLy spirituaLLy poor

  • @Recoiled_Retro_CR_YT_OG
    @Recoiled_Retro_CR_YT_OG 7 วันที่ผ่านมา +3

    I am addicted to your videos, I got a tiny bit rich instead

  • @TheFoxX4
    @TheFoxX4 หลายเดือนก่อน +10

    as a person who wants to get poor i realy like this video

  • @Lucero_TheSilverStar
    @Lucero_TheSilverStar หลายเดือนก่อน +16

    I have to admit that I'm financially illiterate... I spend my money from month to month without having a budget and rn I have literally $3,50 in my balance account after paying off my debts, nah, I'm gonna start doing my budget properly from now on.

    • @TDYT103
      @TDYT103 26 วันที่ผ่านมา +1

      it's never too late to start :)

    • @Lucero_TheSilverStar
      @Lucero_TheSilverStar 26 วันที่ผ่านมา

      @TDYT103 proud to say that I kept my word and I started to budget my every move, still broke asf but finally with some insight to where my money is going to... It turns out it wasn't a magic hole in my pocket the one draining my funds.

    • @xxGreenRoblox
      @xxGreenRoblox 20 ชั่วโมงที่ผ่านมา

      Did you actually though?

  • @ThomasSmith-z5q
    @ThomasSmith-z5q 12 วันที่ผ่านมา +889

    Biggest winner mentality shift for me came after reading the book 25 Money Secrets From Donald Trump

    • @WilliamWhite-d4t
      @WilliamWhite-d4t 2 วันที่ผ่านมา +1

      Would not buy anything from a scammer but did it tell you how not to become bankrupted 6 times buy his bible and gold sneakers if your smart!!!

  • @azhariarif
    @azhariarif 3 หลายเดือนก่อน +9

    You videos are godsend for many. Thanks, I have been saving 25% in unit trust, 25% in liquid, and budgeting the rest. I'm more richer than I ever was thanks to financial literacy. I dropped a like

  • @NiklasAndersson7
    @NiklasAndersson7 3 หลายเดือนก่อน +182

    #1 Avoid marriage. #2 See rule #1

    • @joshuanickle
      @joshuanickle 3 หลายเดือนก่อน +25

      86% of millionaires are married

    • @shanea9613
      @shanea9613 3 หลายเดือนก่อน +36

      Until they get divorced.

    • @leonardomoreira4683
      @leonardomoreira4683 2 หลายเดือนก่อน +39

      ​@@joshuanickle100% of women divorced from millionaire men are millionaires.

    • @billykulim5202
      @billykulim5202 2 หลายเดือนก่อน +7

      did not attention in my health are my biggest mistake, i eat all i want, never excercise until laters i get diabetic, heart problem and many more,

    • @fullmetaltheorist
      @fullmetaltheorist 2 หลายเดือนก่อน +6

      ​@@leonardomoreira4683Except the ex wife of Hakimi. 😂

  • @SimGunther
    @SimGunther 4 หลายเดือนก่อน +18

    9:34 Bonus going off of this is _ONLY_ saving whatever you got left after necessary expenses. Short term, it's amazing to have something left for emergencies, but long term, saving something in addition to setting aside something for a diverse portfolio of assets saves your hind for when you can't work anymore because of the power of compound interest.
    >Not aBot BTW

    • @Messup7654
      @Messup7654 3 หลายเดือนก่อน +1

      How would someone do that?

  • @dostonhasanov4514
    @dostonhasanov4514 3 หลายเดือนก่อน +11

    Thanks. I just watched 2 videos but they were the greatest

  • @LM-he7eb
    @LM-he7eb 3 หลายเดือนก่อน +34

    Let me guess before watching.
    1) Accumulating expenses before accumulating income, or soon after getting income.
    2) Having kids.
    3) Not living within your means
    4) Being too hopeful

    • @KittKattBarr222
      @KittKattBarr222 หลายเดือนก่อน +3

      The only kid that is the problem is the "big kid" that blames the actual children for bad money spending decisions.

    • @mndtr0
      @mndtr0 หลายเดือนก่อน +2

      >4) Being too hopeful
      Wait I need to be even more doomed?!

    • @mackbolan5126
      @mackbolan5126 14 วันที่ผ่านมา

      You forgot prostitutes.

  • @joseromero9933
    @joseromero9933 หลายเดือนก่อน +1

    Thanks for sharing

  • @santhoshdhanabal-qk6gu
    @santhoshdhanabal-qk6gu หลายเดือนก่อน +2

    Randomly found your channel. Continued to watch 2-3 videos of yours. Bro you are a hidden gem ❤

  • @E-NEWS14
    @E-NEWS14 2 หลายเดือนก่อน +20

    Why the world is in crises when there are great teachers like you? 😂. You are doing a great job man. My best wishes and prayers with you. ❤

    • @socringe2217
      @socringe2217 หลายเดือนก่อน

      well they just followed step 1

  • @gogo2583
    @gogo2583 6 วันที่ผ่านมา

    Love this video

  • @gillian32
    @gillian32 2 วันที่ผ่านมา

    Finally, the guide I needed. It's better to be poor than to look poor.

  • @RonnelGludo
    @RonnelGludo 3 หลายเดือนก่อน +5

    Bro how are you not famous your videos are awesome!

  • @SimonBarikor
    @SimonBarikor 20 วันที่ผ่านมา +1

    Nice work.Well done.

  • @jjkkllqaswqdqasqwd
    @jjkkllqaswqdqasqwd หลายเดือนก่อน +1

    Good information 👍🏽

  • @Nothing-rq6ze
    @Nothing-rq6ze หลายเดือนก่อน +1

    great video!

  • @AsianServer
    @AsianServer หลายเดือนก่อน

    Earning money is half a battle and keeping welth is other half battle wow what a quote

  • @msmaria5039
    @msmaria5039 หลายเดือนก่อน +1

    Great video. Very simple but informative.

  • @Personal-ku7zh
    @Personal-ku7zh 3 หลายเดือนก่อน +2

    I need more videos like these.I loved it👏🏻👏🏻👏🏻

  • @alfred4831
    @alfred4831 หลายเดือนก่อน +1

    this is the most incredible financial advice i've ever heard

  • @larrygraham3377
    @larrygraham3377 5 วันที่ผ่านมา

    Great video....definitely have to share this with all my poor friends...!!! 🤑🤑🤑

  • @mattanderson6672
    @mattanderson6672 6 วันที่ผ่านมา

    Fantastic discussion
    Excellent analysis
    Thank you Sir

  • @CrazyProgrammer16
    @CrazyProgrammer16 21 วันที่ผ่านมา +1

    Very interesting

  • @silentcsgo1171
    @silentcsgo1171 หลายเดือนก่อน +11

    Top 1 : Gamble

    • @dexcortez7425
      @dexcortez7425 3 วันที่ผ่านมา

      Dat is reaLLy top one
      SteaLs our heaLth and time

  • @tetst_54546
    @tetst_54546 หลายเดือนก่อน +5

    I would agree with everything except saying that house you live in is a liability.. It is very strange, since you have to live somewhere right? So if you lived in a rented property instead, you would definitely spend more money in the long run. It may not feel that way, since paying for the mortage and all the furniture, repairs, etc is expensive. HOWEVER, if renting was cheaper, that would mean landlords would be losing money! And are they losing money? No.
    So there you have it: Owning a property, no matter if you live in it or rent it out, is always an asset. Unless you bought a castle just for yourself of course. I am talking about reasonably sized properties.

    • @BCaTTenterprises
      @BCaTTenterprises 11 วันที่ผ่านมา

      Second. It could become a liability if you borrow heavily against it. Managed properly a house is a strong asset to have

  • @devil_is_always_0n177
    @devil_is_always_0n177 หลายเดือนก่อน

    Love this concept ❤

  • @VandroiyIII
    @VandroiyIII หลายเดือนก่อน +1

    There are many ways to make and lose money. It's enough to know one way to make it. But you need to avoid all the ways of losing it.
    Consequently, this video has much higher relevance than most "positive" financial advice videos.

  • @asmrsnap8379
    @asmrsnap8379 หลายเดือนก่อน

    thanks for making this.

  • @triadwarfare
    @triadwarfare 3 วันที่ผ่านมา +1

    Just a reminder that if everyone's financially literate, no one is. The bottom is necessary for people to climb on top.

  • @dannyyeung8237
    @dannyyeung8237 3 หลายเดือนก่อน +3

    5:50 The house always wins. So gambling addiction is bad.
    Card counters: well, this isn’t true. The house can’t win against card counters. If you are playing strategically, you can mostly win by counting cards.

    • @3xodus
      @3xodus 3 หลายเดือนก่อน +7

      And Casinos actively hunt down and ban card counters, so yes, casinos *nearly* always win

  • @alinase_jonas
    @alinase_jonas 4 หลายเดือนก่อน +4

    I honestly enjoy these videos ❤😂 truly

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +1

      Thank you so much 😆 I'm glad you enjoyed my video 😄

  • @vimalkrishna9561
    @vimalkrishna9561 3 หลายเดือนก่อน +1

    Bro you are so underrated!!!

  • @estebanmn6620
    @estebanmn6620 2 หลายเดือนก่อน +1

    I just found your Channel, this is awesome. TH-cam needs more Quality content like this!

  • @AlanWiltsie
    @AlanWiltsie 3 หลายเดือนก่อน +1

    This reminds me of the CGP Grey video many years ago about how to be as depressed as possible

  • @spiritualphysics
    @spiritualphysics 3 หลายเดือนก่อน +3

    Good 👊🏾😎👍🏼 Stuff
    I have shared this w/ multiple folk and have already gotten thanks
    Keep up the good work ✌🏽

  • @sidhantchand
    @sidhantchand 3 หลายเดือนก่อน +1

    Amazing content!! Keep them coming :)

  • @riccardogranato1274
    @riccardogranato1274 2 หลายเดือนก่อน +2

    It's so very basic and should all be the norm, I'm quite surprised there's the need to make a video about this but hey, here I am! 😂

    • @Explains101
      @Explains101  2 หลายเดือนก่อน +3

      Yes, it's so basic that most people don't care about it and still do it as they think these are not important. 😔 So, the goal of this video is also to remind people to avoid these things. What's the point of telling people new more complicated things to avoid when they can't avoid the simple one 🙃

  • @13thravenpurple94
    @13thravenpurple94 หลายเดือนก่อน

    Awesome video! Much appreciated 💜

  • @imeakdo7
    @imeakdo7 หลายเดือนก่อน +1

    Houses are often used as stores of value. In this sense. They are investments that make you money because the resale value of the house is almost guaranteed to become higher over time

    • @zacklewis342
      @zacklewis342 10 วันที่ผ่านมา

      Not compared to the investment value of the taxes and maintenance spent on the house, and adjusted for inflation. Houses are money pits.

    • @imeakdo7
      @imeakdo7 10 วันที่ผ่านมา

      @zacklewis342 that's why you buy a house that is never used and in a country with low taxes, the prices of properties very often tend to follow inflation

  • @memehungry3376
    @memehungry3376 2 หลายเดือนก่อน +2

    bro just a tip, whatever you draw just flip it. By that i mean the text in your videos which should come afterwards is the first thing we get to read. For example at 5:13, the girlfriends line should be the first one to be read and the brown dude should be read afterwards, but tis the other way round.

  • @kevinburne3586
    @kevinburne3586 หลายเดือนก่อน +1

    This is a great video! More people need to see this

  • @miguelramirez5543
    @miguelramirez5543 หลายเดือนก่อน

    This información is gold. Thanks you so much!

  • @Gaurav_Yadav_7
    @Gaurav_Yadav_7 2 หลายเดือนก่อน +2

    Which is best book to get financial literacy?

    • @cheemaokeree
      @cheemaokeree หลายเดือนก่อน +1

      Rich Dad Poor Dad

    • @Gaurav_Yadav_7
      @Gaurav_Yadav_7 หลายเดือนก่อน

      @cheemaokeree bro i have read it. Thanks for your suggestion
      Any other book ?

    • @EllieRose-p2l
      @EllieRose-p2l หลายเดือนก่อน

      ​@@Gaurav_Yadav_7 I dont think you have to buy a book to learn this everything that has been stated in this video is just basic common sense

  • @Shadowed_Narrative
    @Shadowed_Narrative หลายเดือนก่อน

    This channel is underrated af

  • @insaneguy1197
    @insaneguy1197 4 หลายเดือนก่อน +2

    These videos are very good, keep going 👍 💰

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +1

      Thank you for watching 😊

  • @orlandolazardi9818
    @orlandolazardi9818 หลายเดือนก่อน +1

    I love this video 🤣🤣🤣

  • @Christianatural
    @Christianatural 4 หลายเดือนก่อน +192

    I thought this video had 1 million views, gonna share with everyone I know

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +16

      Thank you very much!!! Not only you help more people to learn but also help me to grow! Thank you 😊

    • @Leanigou
      @Leanigou 2 หลายเดือนก่อน

      ​Ty for free lessons
      ​@@Explains101

    • @tebogobacon884
      @tebogobacon884 หลายเดือนก่อน

      Bro just wants the views

  • @chuhusuu1
    @chuhusuu1 2 หลายเดือนก่อน

    fantastic video

  • @rafref
    @rafref 3 หลายเดือนก่อน

    Amazing anc clear video, thanks

  • @AndrezyOne
    @AndrezyOne หลายเดือนก่อน

    Amazing video. Thank you man!

  • @zuzanidumile8984
    @zuzanidumile8984 16 วันที่ผ่านมา +1

    This video found me right on time 😅

  • @Rey-vm9it
    @Rey-vm9it 7 วันที่ผ่านมา

    simple but good video that 99% of my circle needs to watch. especially my old "friends" ive lend over 5k that ill probably never see again... im never lending money to anyone except my parents.

  • @Weightyplayer
    @Weightyplayer 2 หลายเดือนก่อน

    Man w Video live the logic behind it and Man U have truly great skills❤

  • @user-st8vyes7x
    @user-st8vyes7x 2 หลายเดือนก่อน

    I love this channel so informative and funny

  • @DracielLoxus
    @DracielLoxus 3 หลายเดือนก่อน +1

    Its pretty entertaining to watch
    You give much better advice bro!!!

  • @TiroTurnip
    @TiroTurnip 3 หลายเดือนก่อน +1

    Great video bro! Waiting for your new videos!!!

  • @RonaldKel
    @RonaldKel หลายเดือนก่อน

    Just saw this channel today and totally love it ❤
    I have subscribed and im gonna learn a lot from it

  • @PenOrAquarious
    @PenOrAquarious หลายเดือนก่อน

    Subbed, this was a masterpiece

    • @rswow
      @rswow หลายเดือนก่อน

      No. It was stupid. At least the first two points, past which I didn't watch.

  • @Rey_Fantasma
    @Rey_Fantasma 16 วันที่ผ่านมา

    this video is gold, will deeply study and think about it

  • @Maulidan-yu1xc
    @Maulidan-yu1xc 4 หลายเดือนก่อน +1

    Good channel AWASOME🎉🎉🎉

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +1

      Thank you so much!!! All my subscribers are also AWESOME ❤🎉

  • @newhampshirelifestyle4233
    @newhampshirelifestyle4233 หลายเดือนก่อน +3

    A good overall documentary. I avoid all of these negative traits, but take disagreement with #8. A home and a car are not liabilities, they are necessities. Yes, I own a home but was fortunate to lock into a low interest mortgage years ago. Both my car and truck are paid off and I do frequent maintenance with my vehicles and upkeep to my home. Because I live in my home and drive nearly everyday. I have no car payments or rent, HOA or Condo fees (which will make you poor). Owning your own home and cars and maintaining them well will help you build wealth. Period.

    • @bellicapelli8155
      @bellicapelli8155 22 วันที่ผ่านมา

      @@newhampshirelifestyle4233 yeah considering the home you live in a liability makes no sense, it's not something you can avoid.
      I'd understand overpriced houses in fancy neighbourhoods or luxury cars, those are indeed unnecessary money sinkholes.

  • @ficsongeorge
    @ficsongeorge หลายเดือนก่อน

    I will watch the entire video thanks!

  • @Sonadourge
    @Sonadourge หลายเดือนก่อน +1

    The video is really as simple as it sounds, you don't need to watch it, it's common sense stuff, don't waste money just being said in many different ways

  • @HoshikawaHikari
    @HoshikawaHikari 2 หลายเดือนก่อน +1

    “Spend more than you make”
    Meanwhile us students in uni…

  • @firoxus2176
    @firoxus2176 2 หลายเดือนก่อน

    Keep the great work the video is very cool and useful !

  • @Crakygamez
    @Crakygamez หลายเดือนก่อน

    A dope channel to subscribe!

  • @surajkumar5182
    @surajkumar5182 หลายเดือนก่อน

    Subscribed ❤ Hope will see your videos on a regular basis

  • @GilbertUrassa-v9s
    @GilbertUrassa-v9s 4 หลายเดือนก่อน +2

    Great video 🎉🎉 I wait for another one .release another at least once a week new video

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +1

      I'm glad that you're excited about my videos, but I need at least 5 days to do research and write the script 😅 and another whole week to make scenes and editing, so I think it's not achievable to make the video in just 1 week... Sorry ~~~

  • @ahmar_SS
    @ahmar_SS 2 หลายเดือนก่อน +2

    54,418k people after watching this
    Them: "help this video made me poor"

  • @asifhussein2166
    @asifhussein2166 3 หลายเดือนก่อน +2

    Thank you, HABIBI ❤

  • @dyvinedylan720
    @dyvinedylan720 2 หลายเดือนก่อน

    Crazy I thought u had wayy more views, keep it up!

  • @Twtgod
    @Twtgod หลายเดือนก่อน +1

    The algo is on your side, great video even though its a robotic A.I voice.

  • @Zeitgeistzerz
    @Zeitgeistzerz 4 หลายเดือนก่อน +3

    Video suggestion: I heard that japan would like their economy to inflate because it was deflated. Not sure If what I remember is 100 percent correct. But could you talk about deflation why its bad and how inflation (Which a word usually used in a negative context) can fix it. And if it can fix it why didn't they print money to inflate the economy.

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +2

      In my "Why can't we just print more money" video, I explained inflation. But I didn't explain the whole concept of inflation.
      So, I plan to make another video exclusively for inflation and deflation. I also plan to start a countries economy series where I will explain some countries' economy achievement or problems.
      Thank you for your suggestions!

    • @Zeitgeistzerz
      @Zeitgeistzerz 4 หลายเดือนก่อน

      @@Explains101 Thank you. And I have watched that video fyi.

  • @yashi0412
    @yashi0412 หลายเดือนก่อน +1

    Step 1 have money
    Step 2 waste money
    Step 3 realise

  • @Raiku-gaming1
    @Raiku-gaming1 19 วันที่ผ่านมา

    If my teacher talked about stuff like this, this lesson would be more interesting ❤

  • @MdRanim-u8t
    @MdRanim-u8t 4 หลายเดือนก่อน +2

    Your videos are very informative they should go viral please remember me when you reach 1 million subscribers

    • @Explains101
      @Explains101  3 หลายเดือนก่อน +1

      Of course! I always remember my subscribers especially who's supporting me from my early journey 😊

    • @dannyyeung8237
      @dannyyeung8237 3 หลายเดือนก่อน

      5:50 The house always wins. So gambling addiction is bad.
      Card counters: well, this isn’t true. The house can’t win against card counters. If you are playing strategically, you can mostly win by counting cards.

  • @sanjaylopzz6382
    @sanjaylopzz6382 4 หลายเดือนก่อน +11

    The quote is good to hear .but what if we don't have any proper ambience around us ...is it a good idea to stay isolate and build oneself or should we wait until we meet like minded people.. which one will assist us to move ourselves forward.?

    • @Strawb3rryD3ath
      @Strawb3rryD3ath 4 หลายเดือนก่อน +6

      you can always go out and seek like minded people instead of waiting on the universe to do the work for you

    • @Explains101
      @Explains101  4 หลายเดือนก่อน +13

      Yes, it's important to find friends who align with your values! 😄
      I understand because many people around me, including my family, have low financial literacy too. A lot of my friends spend their nights drinking and don’t come home until the morning. I don't recommend isolating yourself from them, but it's crucial to stand by your principles and goals. This way, you can avoid being influenced by bad habits while still maintaining your friendships.If you can't find like-minded friends in your everyday life, consider joining an online community instead. You can also start learning from TH-cam and Google to stay on track! 🙂

    • @Nesdude42
      @Nesdude42 หลายเดือนก่อน +3

      ​@@Explains101very true. Lately within my "circle," I now have expert chef youtubers and fitness expert youtubers. Both groups have taught me a ton. I need to also seek financial youtubers and youtubers for repairing things. The topics just aren't as interesting to me, but they are necessary.

  • @beardoromal3638
    @beardoromal3638 2 หลายเดือนก่อน +6

    Didn't have to watch the video. Just wanna leave it here.
    Fastest way to get poor is consumerism.

  • @PedroGomes-pp3gb
    @PedroGomes-pp3gb วันที่ผ่านมา

    11:56 “simple Toyota” this Corolla (I have it btw) it is very reliable and beautiful it’s amazing to go work or travel. You don’t need too much

  • @aydingharehbaghian7923
    @aydingharehbaghian7923 หลายเดือนก่อน

    Bro's creativity and IQ for making this video: 100000%
    Btw that was really helpful too