Took me halfway thru the vid to realize that this video is a complete spark notes of Rich Dad Poor Dad.

@rodrigogs6319

7 күн бұрын

I noticed it at minute 1.30.. anyway, it's not bad to refresh it

"earning what you are worth" is the hardest one for people I think. It took me way too long to quit a job that simply wasn't interested in promoting me or giving me raises because I didn't want to leave my coworkers. Then I left and doubled my salary to do less work at another company, and every minute of every day I wonder to myself "why didn't I do that sooner?" Great video

@itsrosehan

Ай бұрын

WOW thanks for sharing that! people here who find it hard to "earn your worth" will feel inspired hearing this from you!

@jeffyeah4256

29 күн бұрын

@@itsrosehan in retrospect you like your decisions to move to Mexico City?

@fredmarzillier750

25 күн бұрын

I've had this very issue in my business which is really holding me back, but I am working on it

@ayk3513

23 күн бұрын

Can't thank you enough for sharing your experience, I'm planning to quit my job next july

@paulweiler8967

23 күн бұрын

What's your job title?

Once I stopped eating out and streamlining my diet and fasting, I started saving a lot of money.

@rabapatrick8906

15 күн бұрын

Start photosynthesis bro

@DLG24

15 күн бұрын

@@rabapatrick8906 Nice😁

@Kinjo7

15 күн бұрын

How did you streamline your diet?

@williamfarnaby

14 күн бұрын

that's a good point. what she's saying about houses and leverage and inner circle is so naive that makes me think she's been paid (by the rich)

@Joce123

13 күн бұрын

I just read The Asian Diet by Jason Bussell...has great merit for a balanced life. It is not a weight loss book. I hope to follow the book when my debts are further reduced.For now I literally live on beans that I soak/both brown and white rice, greens supplements powder, D3 K2 vitamins, self-rising flour to make homemade tortillas....a food shelf 3 times in a year$30 month..After 2 years I added whatever is cheap fruit that season, cucumbers (daily), spinach..$45 mo. I eat about 3 cups of food a day. Instead of a candy bar, I buy a bag of milk chocolate baking chips for $2.20 I have paid off $27,000 in 3 years...Still more to go on my 0% balance transfer

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

@HendersonMiles-kp8gw

6 күн бұрын

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

@tylerliam335

6 күн бұрын

It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

@AlexisAlexandra-sx6vh

6 күн бұрын

Yeah I have same issue also, sometimes I feel like the market is being manupulated

@marktillburg8362

6 күн бұрын

You could enroll in trading academy or get a pro's help

@HamsikDouglas

6 күн бұрын

Getting a good pro is always the issue

Here it is: PAY YOURSELF FIRST. That is the most important habit.

@Nakkisampyla

24 күн бұрын

Pay rent or loan after due date, always

@moderndesign5282

24 күн бұрын

yeah don’t worry, your bank and landlord a super chill when you default on your monthly payments

@s379Ox

22 күн бұрын

ALWAYS buy high and sell low!

@goldfish3858

18 күн бұрын

Pay rent and mandatory expenses first (a few bucks on EMS fund and savings should be mandatory), then pay yourself, you’ll feel better :)

@Hiro_Ieyasu

14 күн бұрын

Paying yourself is very important but let's not kid ourselves. Bills must always come first. There is no need to pay extra late fee for things like rent, car, utilities because you decided to treat yourself first. It should be Mandatory Expenses > Pay Your Self > Savings

For some reason we think it's taboo to talk about money and sex. Never ask what's happening in someone's bedroom, but there's nothing wrong with talking about sex in general. The same with money. Never ask "how much", but it's OK to ask someone what percentage of their income they save towards retirement. People freak out when you ask these questions. They say it's private. And that's the reason why they are still poor.

@supreme5998

Ай бұрын

Well since everyone is talking about money these days, how about sex? How much sex is normal for a married couple?

@mbank3832

Ай бұрын

Sex with the same person for the remainder of your life would be too mundane and boring. A good spouse should let their partner have sex with others, variety is the spice of life

@user-xw4vg1vy5e

29 күн бұрын

Wow

@hyshence

29 күн бұрын

💰ex

@Alex-mc5yn

29 күн бұрын

@@mbank3832 then just don't get married, why expose your spouse to a risk of STDs? Many of those you can get even when using barrier contraception and a handful of them cause cancer (lung, cervix) and infertility.

I am convinced that the taboo around speaking about money was created by the uppers to keep the lowers poor and in the working class. Financial visability is key, ive started talking about money to all my friends and family, some feel uncomfortable but thats ok they dont have to share their income or anything, Its still nice to be transparent about mine.

@itsrosehan

Ай бұрын

that's very brave and forward-thinking of you... keep doing that and it will make a difference in your circle for sure!

@denitsamiteva1963

24 күн бұрын

I was thinking the same way but noticed the envy in people surrounding me. Friends for 15 years started looking at my expenses and salary... keep that in mind.

@deidreamofd

20 күн бұрын

I think talking about money is like talking about your health. You don't have to share your weight or hdl ldl but you can discuss how you take good care of it in general. How's your diet working or what's not working, listen to others tips etc

@GoldChocobo77

20 күн бұрын

The reason I don't is because of jealousy. You can only talk about money with people who have exceeded a certain threshold. Otherwise they will just think you're bragging and they won't bring anything to the table in terms of sharing their own strategies because they don't have any.

@Hiro_Ieyasu

14 күн бұрын

Yeah I always thought it was super weird how people felt uncomfortable discussing their finances. I mean I guess if some people feel ashamed that they earn a low income?

Expecting to succeed and have everything at 22? High ambitions for a young age! Wish I'd have figured out half these things when I was as young. Well done you!

@bidmcms3

22 күн бұрын

It helps to have rich parents

@plyrni3

22 күн бұрын

I'm a 25 french engineer with a above average salary and i cant afford a house Our generation doesn't have the choice but to look up and grind to get a decent life and freedom

@GoldChocobo77

20 күн бұрын

She never said that? She switched behaviors in her 30s

@luizafreitas9019

14 күн бұрын

It makes my laugth hahahahaha

@luizafreitas9019

14 күн бұрын

@@plyrni3noo dont be like this... i just got my home at 28, you are too young.

1. Being around rich people - Unfortunately, no unless watching KZreadr’s counts. 👎 2. Credit cards - The only reason I use credit cards is to get cash back rewards. I always pay them off, not every month, more like every week. I have no significant debt. 👍 3. Work hard - Not really, my working hours went down last year while my income went up. 👍 4. Being quiet at work - I am the quite type so yeah, fail on this one.👎 5. Taxes - Yeah, I ended up with a significant tax bill this year.👎 6. Single income stream - I have three, my job, dividends, and bank interest 👍 7. Credit score - yes, I have a fantastic credit score. I track net worth about once a year and yes, it is definitely going in the right direction.👍 8. Spending before you save - Nope, I save 5 percent automatically in a high interest savings account, then 10 percent to investing. At the end of every month, I invest what wasn’t spent. No joke, investing ends up being my top expense category most months. 👍 Great video, thanks.

@itsrosehan

Ай бұрын

looks like you're doing amazing! and yes i'd say watching KZreadrs counts!! although there's nothing like real-life connections too

@donaldlyons17

Ай бұрын

@@itsrosehan You did not mention YOU sold stuff (maybe courses sound familiar?) .... And you kept your channel instead of starting over which again allows you to sell us to watch.....

@Nwakaego_

26 күн бұрын

Thank you for this list. I came to the comments just for this. And great job relating the list to how your life is in real time.🎉

@elizabeths.3634

25 күн бұрын

@@itsrosehan Thank you so much for a personal response and glad to know watching KZreadrs counts. I have learned quite a bit watching you and other financial KZreadrs.

@elizabeths.3634

25 күн бұрын

@@Nwakaego_ You're welcome.

Thank you Rose for your wisdom; it's valued-

Can I just say THANK YOU! Being a first generation student and the oldest sister in my family, Ive always had the pressure of paving the way for my younger siblings and it hasn't been easy. I've been watching all of your videos and I'm so thankful for all the information you've shared. I feel confident of being the generation in my family to break bad habits and create generational wealth 🤞 Im on my last chapter on Rich Dad Poor Dad book and plan on starting The Intelligent Investor next because I have a 401k that I'm still trying to figure out what to do with. But thanks again for the inspiration! 🙂

Rose is the entire reason I was brave enough to learn about financial freedom and implement investment strategies. I came from a very low class family (albeit a loving one!) However, I swore that my kids wouldn't live like that. I started late and they are teenagers now but I am working hard to teach them about savings and investing in their future so they don't have to grow up a prisoner of their paychecks. THANK YOU ROSE, for not gate keeping all the juicy info! ❤

@itsrosehan

Ай бұрын

all it takes is one courageous person to create a WHOLE NEW financial reality for the family. you go girl!!!

I'm still poor, but I know the reality is more than you provide in this video

@user-jy3io4iz2p

20 күн бұрын

We're have reached a point in time that more and harder work will negatively affect you. Isn't it just sick that people have to take on two or more jobs to just get by?

@GangstarComputerGod

20 күн бұрын

She doesn’t attribute so much of her success with being “lucky” enough to network with a super wealthy professor/real estate investor early on. I’ve learned that success isn’t about working hard or even being particularly good at your job. It’s being able to use connections to keep moving up. And that is absolutely not accessible to everyone and kind of sucks.

@user-jy3io4iz2p

20 күн бұрын

@@GangstarComputerGod Every three or so years one needs a different challenge, not necessarily out of your cz but a step left or right or even up or down. This keeps you learning and you don't become furniture. It also allows for different views and approaches, dynamics. Getting out of your cz (comfort zone) was hip 'n happening for a while but I witnessed good engineers fall into the managers trap. They burnt out or quit their job.

@inclusion9212

20 күн бұрын

At last check Buffet drives a Cadillac. But I get it.

@Hiro_Ieyasu

14 күн бұрын

​@GangstarComputerGod You don't need connections to be wealthy though. You can easily start a business online or start making money off a skill that you are proficient at. Use social media to build and grow an audience. You can stay home all day and start making thousands so no, success is absolutely not based on connections at all.

You always motivate me to do better with my finances.

Great Video! "Trading is the hardest way to make easy money! But once you learn the skill you can and will change your life!"

The Millionaire Next Door is one of the best books I’ve read on money management

i had no idea how to make money as i had always worked in operations , we just get orders done. At the age of 43 i don't see money in my bank as every months pay day was also paying debt day . I quit the job at 43 bcoz i was unhappy , went into a small business and at 50 years of age I'm financial free . My investment dividends pay 2 times more then my job as operations manager . Thank you Universe for steering my path

Unpopular opinion; Not everyone shall die rich and wealthy.

@aluisious

5 күн бұрын

It's logically impossible for everyone to be rich, because then rich wouldn't mean anything.

@alz3712

4 күн бұрын

@@aluisious it would still why wouldn't it

@nolitimere11

3 күн бұрын

Not everyone is watching videos like this

@UrbanCraftTv

3 күн бұрын

@@nolitimere11 sure

@zeiahnara

Күн бұрын

It's not unpopular though. Everyone knows this

I have a wealthy aunt and uncle in Southern Ca who are getting a museum being named after them. How did they become Billionaires? They worked smart. They rented stuff out which exponentially duplicated their time. Company/income grew and diversified their real estate portfolio. They never complained and WORKED AS A TEAM. I am proud of them.

Ha ha, you made me remember what a Korean friend in graduate school told me! “We’re really not smart. We just work like dogs!” 😊

@itsrosehan

Ай бұрын

🤣🤣

@primadonna82

Ай бұрын

Yes, we work like dogs, AND we're smart too.

@danielvillarreal6610

Ай бұрын

@@primadonna82 I think so, too, but my Korean friend seems to be in the “works like dogs 🐕’ camp. Now ask me what the Chinese visiting scholar told me on a Saturday night at the computer 💻 lab!

@primadonna82

Ай бұрын

@@danielvillarreal6610 scared to ask. What did he/she say?

@danielvillarreal6610

Ай бұрын

@@primadonna82 “You work VERY hard for an American!” She pointed out that I was the only non-Asian in our library’s computer lab that evening. Now ask me about the Korean graduate student at the library’s coffee shop!

i was taught to spend, spend, spend until nothing left except a huge steaming pile of debt, then my mom went broke and had to get a second mortgage on our house just to have lower interest on her credit card debt. After I saw her struggles I have always done my best to save as much as I can and NOT max out my credit cards. I actually dont have one anymore. If I will be paying someone 18-30% interest I would much rather be earning that some way. Love the brag file as well. Thanks for this video Rose.

@itsrosehan

Ай бұрын

yes, financial habits tend to get passed down in families and it's up to us to break any bad ones! good on you for doing that!

The day before I left Hong Kong for Switzerland, I got a call from a friend of mine. She's a senior managing director at a bank and she told me she’d been fired and couldn’t make it to my farewell party. That moment really opened my eyes. No matter how high you climb on the corporate ladder or how loyal you are to your company, you’re still just a cog in the machine. It drove home the point that if you stick with a middle-class mentality and don't prepare ahead, you could find yourself in a tough spot real fast. Made a similar video on this topic. Welcome to check out❤❤

@MarMarSnatched

17 күн бұрын

this

@gwai-lo

17 күн бұрын

嘩！野生捕獲香港人 sls ：）我而家去睇你條片 ；）

@CharleneCong

17 күн бұрын

@@gwai-lo❤❤❤多謝sai

I saw your vids on index funds a few years back. Thanks for the inspiration.

Awesome content as always. Thank you Rose 🌹

That's a solid list! I'm also big on Blcktken300 , avalanche, algo, and matic too.

If you can layer all that and be happy, that's the ideal. I go for happiness and combine it with minimalism, saving and investing in agreeable ways that create several income streams. But happiness is the key and building on that in the way that's right for each person.

I like when Rose talks. It's like she's the sister who keeps you in check. I like when she raises her voice in a "What the hell are you doing!?!?!! Stop that! Change that!" (you've done that in your other videos) Thanks for this video!

@itsrosehan

24 күн бұрын

😆 that’s what I’m here for

Poor people habits 1. Not curating your Inner circle 2. Buying more than you can actually afford 3. Working hard. Not working smart 4. Not earning what you are worth 5. Pay all your taxes 6. Relying on one stream of income 7. Using credit score as an indicator of wealth instead of networth 8. Spending before you save

Blcktken300 gang in the house! Thanks for the analysis!

There’s no middle class. You are rich or you are poor.

@Lynncarzzofficial

14 күн бұрын

Disagree. If you really believe in it you will achieve it!

Just found your channel with this video! If every 22 years old think like you we won’t have the problems we have right now! I can not imagine how far ahead you will be when you are 50 or 60 years old! Too smart a girl 🙏Subscribed

Loyalty tax is 200% correct!!! Never stick around in the same place for more than 3 years!!!! Learnt it the hard way. Thanks.

"Thank you, Rose. You're the best. Keep up with the motivational speeches. You're damn good."

@dovid-19

25 күн бұрын

Why did you quote this lol

"Brag File" is a great idea . Keeps one seeking projects to solve problems and the documentation is good on a resume 🧠

Hi Rose! I'm glad to stumble on your video. Would love to see partitions in the actual video so I can move around freely on my own time. To fellow viewers, to save time, here is the list :) 1. Not Curating Your Inner Circle 2. Buying More than you can afford 3. Loyalty Tax 4. Not Earning what you are worth 5. Pay all your taxes 6. Relying on One Income Stream 7. Credit Score 8. Spending Before you save

There seemed to be a 'loyalty' tax on renting housing, too. If you stayed in one place, they just kept raising the rent steadily every time your lease is up. I usually had to move after two lease renewals to find a better place for less rent. Sometimes only after one renewal.

They should be teaching this stuff in high school. So many young people come out of college with no clue how to manage money, no matter how much or little they make...

@epbrown01

24 күн бұрын

Years of health class and PE didn’t stop the rise of obesity. Sexual education hasn’t slowed teen pregnancy or reduced STDs. Science classes galore and we still have anti-vaxxers and people refusing to wear masks during a pandemic. We’ve spent centuries leading the horses to water, only to have them wander off in search of poison Kool-Aid. Teaching financial literacy is not the answer.

@jutman17761

23 күн бұрын

They don’t teach it in high school for a reason…

@missmaryjanegreen

23 күн бұрын

@@jutman17761because we are too busy teaching the basics as teaching to the test takes up the majority of the year 🙄

@hiroxmedia9856

21 күн бұрын

Who controls the board of education? The rich…

@missmaryjanegreen

21 күн бұрын

@@hiroxmedia9856 you mean the voters of the district 🙄

This is encouraging that I am in the top 90%. In my 40s with no debt..Dave Ransay was helpful too. Thanks Rose!!!!

Thank you Rose. You have a honest perspective

Loved the video, and production. Well explained. Subscribed!

Some of these feel unrealistic to obtain but like you said it's never too late to start. Feeling inspired cause living paycheck to paycheck is chipping at me and my job gave me a laughable "raise" (like .24cents) .....I deserve more! Thanks for the tips.

@fredmarzillier750

25 күн бұрын

Yeah, I used to feel that way too and found if you just start, no matter how small, it grows faster than you think, especially if you don't look. It makes a HUGE difference.

Need more Blcktken300 content. Converted my ETH to BTC but kept my Blcktken300

You are a very enthusiastic speaker - always enjoyable. Thanks!

Rose! I wish you were here telling me all this in my 20s. I have man children now aka college kids and I’m telling my 2 sons how to manage their finances since they were bout 8. Thx for all you do!

I wish KZread and Rose were around when I was younger! Your videos are informational and inspiring, even at my "oldish" age of 57. When I was young, this kind of stuff was never talked about, ever! In fact, my parents one bit of advance was to save your money in a typical savings account. They meant well but they too had no clue. I'm mystified that this sort thing isn't taught in every middle /high school.

@getoffamylan6844

Ай бұрын

Financial Literacy SHOULD SHOULD SHOULD be include in High School. How to play Football? Taught! How to understand and best pay off debt? Don't bother!

Thank you, I enjoy hearing about your mindset and your journey. I learned so much from you over the years.

@itsrosehan

Ай бұрын

thank you, that means a lot to me!

@patrickmorton1187

Ай бұрын

@@itsrosehan you are so welcome.

You’ve made some very good points in this video! With that said, I like to compare it to losing weight or staying in shape. Most will give it their best shot and maintain it for a short period of time and life gets in the way and quit.

This is very thorough and helpful. Thank you. Subscribed.

Great video! I so needed to see this right now.

You always on point❤

As a middle-class citizen who is trying to have stable finances, I’ve always been an advocate of investing in the stock market because it has paid off handsomely since I got into it.

@e.t1031

27 күн бұрын

Bitcoin

@Julia-en1ok

27 күн бұрын

@@e.t1031- clearly you aren't into finances

@JB-mb6lm

27 күн бұрын

​@Julia-en1ok why are people so ignorant. Bitcoin is the best performing asset literally very year except abt 3 since 2010. But people still don't understand it. Sad

@Aengel9

26 күн бұрын

@Andale856 I know that learning the ins and outs of the stock market isn't for everyone, that's why personally, Jonas Herman oversees my investments.

@Otieno358

26 күн бұрын

To be honest, I wish I had come across Herman a lot earlier. I wouldn't have wasted money buying courses without learning anything. Plus those fake gurus out there are ready to steal your money. Herman, you're indeed a godsent.

“This is how wealth is made”

@svenoliver6040

26 күн бұрын

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

@svenoliver6040

26 күн бұрын

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.

@svenoliver6040

7 күн бұрын

FinanciaI-PIanner Rebecca Mart-Watson (in fuII)

Thanks for this. Really motivated me to move away from Big 4 and try to find another firm that takes my wellness seriously.

so happy I found you this is a blessing 💓

I needed to hear this! Quantify what you are worth and move jobs.

I'm only halfway into the video and this is already better than I anticipated. Thank you!

Great inspiring talk ❤ Congratulations ❤

I followed and liked. Thank you again for videos. It’s going to take a lot of work but I need to make it happen. I appreciate your openness and willingness. Also I could never finish think and grow rich however, when I listen to the audiobook, I finished it the first time.

Another awesome video Rose! #1 is for sure how individual/fearful/careless vs together/fearless/careful your financial journey is. When I became aware of Bitcoin and learned a ton about it, I was pretty sure Bitcoin was going to be adopted as digital gold over time back when it was $3K a coin. Almost everyone around me is/was unhealthy negative skeptical, uninterested, or uneducatedly emotionally only caring about getting rich quick. I unfortunately invested hardly anything into Bitcoin back then and missed out on retiring early to be able to focus full-time on striving to unite society spiritually, psychologically, and financially in my peak human years. Basically, for almost all things in life...the most effective humans are ones that are united...whether for good or evil.

Paying myself first is a huge game changer.

Great video like always !! 😊

thank you for this video!

@itsrosehan

Ай бұрын

Glad it was helpful!

if you are poor drop everything you're doing and find an ebook titled the hidden truths of wealth, trust me on this

@burmakara

28 күн бұрын

Where did you find it?

@matthewthompson0

28 күн бұрын

Borlest ( I found it there, maybe it still exists there )

@DarkCheerios

28 күн бұрын

Author? Different ones come up

@burmakara

28 күн бұрын

@@matthewthompson0 I found it there, thank you!

@degensanonymous

27 күн бұрын

Source: trust me, bro

Excellent point about the impact of one's inner circle on financial success! It's also vital to continuously upgrade our financial education to make informed decisions that align with long-term wealth building, rather than just short-term gains. 👍

So helpful! Resonate with so much of this on my journey and your videos have been helping me since the pandemic!

Great video. Thank you. Also, I appreciate you sharing your insights from your family life. Sounds like you have a nice family. Thanks.

Great info Rose! I would like to add two sub-tidbits to your list. 1. When most people buy a larger home and/or a fancier car, they forget the phantom costs associated with them. A larger home means more furniture to buy, as no one wants partially empty rooms. Also, higher property taxes, insurances, and utility bills. A fancier car means more insurance cost and costly premium gas. I have friends who proudly drive high-end Benz and BMW cars but struggle to cover the premium gas it’s needs. 🤦‍♂️ 2. Earned income; aka ticker symbol JOB, is the highest taxed because it’s guaranteed. If one shows up for work and do the work, one gets paid. Capital gains are taxed much lower because there is some form of risk(s) involved. An investment not only can go up but also down. With such risk, taxes are reduced. In Canada, capital gains are taxed 50% at one’s income bracket. For example, if I make 100.00 at my JOB @ 30% tax bracket, I take home 70.00 and pay 30.00 in taxes. If I make 100.00 in capital gains in a stock, I am taxed on 50.00 (100.00 x 0.50) @ 30%, I take home 85.00 and pay 15.00 in taxes. Despite the latter has more risk, it is rewarded more, and has more freedom.

This is empowering Rose; Your insights could offer valuable guidance to others striving for financial security and success. Keep sharing your journey.

EXCELLENT video Sister. 😊

I am so glad this video popped up on my KZread page. I learned a lot! The video was very informative with fresh information

Lots of good money tips here. 1 reminder for the lady is that houses usually go up in value while autos almost always drop. So they really shouldn't be lumped together. It's much better to overpay on a mortgage than it is a car. The house goes up in value and the car or truck drop in value

This is an excellent video. Being taught to be modest isn't racist.

This is so much value!

I'm weird in my circle but I'm also comforrtable with that. I discuss money easily, like its the weather but not many of my friends do. I'm also the only person who won't get a car loan, lives a bit further out and contributes 20% to retirement.

KZread algorithm somehow led me to this. Obviously, it seems to know that I'm a middle class salary man who working my ass off for my family without thinking too much on savings haha. Anyway, this is a great video and some part of my brain started seeing the light after this video. Thanks Rose.

Great video! Warren drives a Cadillac after Maria Barra found out Warren invested in GM and drove an old Cadillac with hail damage on it.

so brilliant! we're hardly ever taught such concepts back in school, I'm a uni student and the goal is to get rich and make heavy bucks. How? no one taught ever haha ironically. Thanks for this! biggest take away is definitely to work on passive incomes and have multiple income streams!

I'm 38 and while I've always been great at saving, I never invested or thought about retirement. I started out broke at 28 and moved into a cheap condo. Over the years, the combination of living below my means and incremental raises at work allowed me to save up 200k. With that, and selling my condo for 90k, I purchased a house in cash. No debt as I hate having it and avoid like the plague. Not long after, I received an inheritance for an additional 300k. I'm now just starting to look into investing in both retirement and brokerage accounts. I'm kicking myself because if I had done that earlier I'd have quite a bit more money now, but I think I'm in a good place regardless. I just calculated my net worth and am right under 1 million, so while the 300k did help, alot of it was just being frugal and saving everything I could.

Great Video. Thank you for posting. 😄😄

Now thats a real valuable video

10:06 two things, first and foremost thank you for bringing that point up about self worth. I tell people to drum it into your brain that you're not replaceable

This is great !

This is very informative Thankyou

I’ve learned so much from you, Rose. 😭 thank you so much .

Thank you so much!

Thank you for sharing this! Please make more finance related videos! It’s going to help me in parenting teenagers and give them great insights too!🎉

Thanks for the video Rose. What's your thoughts on borrowing from a 401k to purchase property? I've seen how Ramsey is uber conservative but K Kohn is ultra aggressive, so I'm just curious about what experts suggest?

I couldn’t have guessed that you were Korean! What I mean by that is You have been a great help to me when it comes to finances and businesses and I’m also a Korean language student! so to find out that you are also a Korean for some reason is EXCITING and COMFORTING 😊❤ All the love and thanks for the video 🫶🏼 . . . . . . ~ 18 April 2024 at 9:30 PM Thursday

@siilver1

29 күн бұрын

PS: your new hairstyle and color suits your face shape PERFECTLY ✨

@nabimiso

29 күн бұрын

She looks totally Korean to me lol

Ask and you shall receive 😊….missed these

Love this video ❤

Man with times changing things are way different for our children or at least the future now Going to school, (Uni) i sa waste of time unless the person is going for a pilot, doctor, etc Working a job long term to retire is done General education was great for our parents but has no bearing on the current market nor future Investing in things our parents NEVER heard of is becoming the new thing and already proven so as it's made many billion/millionaires Such a wild time we live in, if you'd talk to this stuff to our grand parents saying they are passed as mine, they'd think we are reading them a sci-fi book Personally i took your advise a decade ago to invest, as i came from real estate investing, and now i do almost fully crypto at this point. Seriously watching this video and just thinking of my mind set 20 years ago, so much has changed and in only 20 years... Anyways this Ai box is yelling at me at the front of a jack in a box counter to pay it...Forgot we don't hire humans much ether any more 🤣

I saw a Short on KZread a while back that changed my perspective fundamentally. I guy talked about how he bought a hotel for 20M, refinanced the loan for 30M and put that 10M into his own pocket tax free. Now this guy technically isn't rich, he is in debt - but regarding his lifestyle, it doesn't matter. It was in this instant that for the first time I truly understood the movie line from Gordon Gecko: "I create nothing. I own." Wanna be rich? You'll NEED to play "money games"!

I agree with your sentiment that wealthy people seem to talk about money as casually as the weather. I grew up middle class. Whenever I asked my parents about why they'd spend money on certain things, I'd immediately get shut down. There was never a rational explanation. (Most) Poor and middle class people seem to have some kind of programming around the topic. It's painful to see when others around you could be so much more successful, healthy, and happy if they let go of this lower brain irrational angst.

I think the system broke when corporations learned they could get richer and richer by squeezing out their customers and employees. Back in the 50s a person with a regular job could afford a house, a family of 4 and 3-5 cars in their life span; Nowadays to buy an average new car $45.000 not even $100.000 a year is enough not to break the 10% rule, this has to stop.

Everything you do is what I’m striving to do; camper-van to travel, real estate investing, getting out of middle class habits… I’m an oncoming college student. I graudate highschool in less than a month and I am so scared. Everything about my future scares me. I want to be successful but I also want to be happy. I don’t want to work my whole life and then die. I want to live in my youth, not once I’m done working. I’m seriously so scared.

Really enjoyed this video. Thanks for sharing 👍

Encore une fois, J'adore la facon dont vous exposez les choses. Mon anglais est basique, mais j'ai tout compris :D

Everything is correct, but it’s not that simple.

#1 Set yourself up for success. #2 Save more than you spend, spend on what you can afford, and reuse what you can. #3 Use tools, opportunities, and invest to your advantage. #4 Know your value and curate your portfolio. #5 Lower your expenses or their cost. #6 Have multiple income streams. #7 Own less or only what appreciates and owe less. #8 Invest wisely in yourself.

Thank you very much.