I feel I've learnt more from Alex in a month than coaches, mentors, books, and sales experts ever really taught me!! Massive thank you from Australia to you two! The gratitude is abundant! Thank you!!

@Johansebastion

2 жыл бұрын

Where you at Bro?

@agmjake

2 жыл бұрын

rep aus i agree, so much value. as long as you take action

@RickDecember

2 жыл бұрын

@@Johansebastion I'm in Brisbane my man, how about yourself? For someone like myself, immensely passionate about innovation, incredible customer service, sales and consulting for people and businesses and seeing things grow in general, Alex's content is succinct, genuine, and powerful and I'm keen to chat with other folks that are connecting with this legend and his lessons!

@danieltimothyjones

2 жыл бұрын

I’m from Melbourne guys, great to see some fellow aussies on here! Alex is genuinely changing my life.

@cerealsgames3118

2 жыл бұрын

Melbourne here too :)

“How much money can we not spend this month.” - literally such an accurate concept that has helped me through my finances.

It is just heart warming how much Alex loves his clients.

@seempaq

2 жыл бұрын

Ain’t this to his team?

@kristian9561

2 жыл бұрын

@@seempaq doesn't matter

@Guy-dv9xw

Жыл бұрын

@@kristian9561 it does

“That’s why finance is about character and not about intelligence”

That's it, I'm cancelling KZread premium

“Woah, it’s almost like you’re actually trying to buy it!” 😂👌🏽 loved this!

I finally understand the concept of being rich versus having people think you’re rich

This is amazing content. You always provide actual factual advice. Not bogus motivational talk. Thank you.

So good! I finished your book and I’ve enjoyed finding all your valuable content online. Thank you both!

Thank you for this, I needed this. I’m 23, and opened a 30% interest credit card when I was 18, not understanding ANYTHING. I accrued $6,000+ debt on there and have been getting screwed by the bank every month I’m interest and just paid off $3,000 right now. Thank you for this, I needed it.

@lofiboy6025

2 жыл бұрын

Bruh oof

Just had my best month in sales because of you two! Thanks a lot guys!

Alex thank you brother. Learning on my own is hard but content like yours is so valuable.

Loved this video. Always enjoy and appreciate the valuable content you put on this channel for free! Keep it up, Alex. 🙏

@AD-vx7vn

2 жыл бұрын

Loved your insta session with sorav

@MarketingHarry

2 жыл бұрын

@@AD-vx7vn Thanks, man. Means a lot! 🙌

Gosh I love this

@yashtilekarr

2 жыл бұрын

Uncle C

@jadenchase5026

2 жыл бұрын

The red pill brothers are here.

Alex you and Leila are on a different demotion. Thank you both so much. I will grow in the knowledge,and put it in practice. All I need now is a solid tax strategy.

I’ve always been a fan of both the Cardone mentality AND the Ramsey mentality. After enjoying your channel for a while and digging the lessons you learned from Grant, it’s awesome to see you breaking down and offering the millionaire baby steps. It’s a crime that we don’t teach these simple truths to kids in high school. We’re literally robbing millions of dollars out of our pockets.

@floriandc5695

2 жыл бұрын

I think you missed the point. Being wealthy provides you day-to-day experiences that other in other peoples’ bucket list. Pay upfront so that you don’t pay later and can live longer.

What is the link for the compounding calculator. Very nice one. This video is fantastic. Thank you!

I would rather take the Jordans than the 22k. Because I honestly don't care about what happens when I'm 70-90 years old. In my opinion you need to live the best life you can while you still can. What's the point of being a millionaire when you're 80 years old and sitting in chair, barely able to stand up and do anything? Now if I had the choice between buying shoes and investing $100 into a business, which in 1-3 years might make me wealthy, of course I would do that, but the time windows are important imo. It's a choice of balance, you need to invest into the future, but if you invest too far into the future you might die before you can spend any of your money.

Wow! Just… wow. Thank you both! This is so educational. Amazing quality information. Thank you both, again. Ps. Already got the book. Amazing read!

Very Inspiring Again Alex. It's something we have to learn at the end of school... so powerful !!!!! I dedicate my tmw morning to put this in place ! Let's go for S&P 500 ! Thx, Loan from France !

Absolutely brilliant. You are a beast Alex and a great teacher.

Every video from you is packed with so much Value. Thanks for this Awesome Content Alex. Mindblowing 🙏

Alex doesn’t miss 🎯

@daviddrivespremium392

2 жыл бұрын

Ever

The amount of value that Alex puts out on KZread for the entire world to learn from is INSANE. So thankful for you Alex🙏🏻

I got stuck on the statement that minimum wage goes up every four years. What state does he live in? That's definitely not my state and I couldn't find where that's the case. I know it's not the point of the video, but it's bugging me why he said that.

When I was broke I spent my money because I had to. I do think it took me longer to get to own my commercial building, setup my company, drive traffic, hire team, ect but saving never made a difference because back then my income was negligable. Now it doesn't even matter how many sneakers I buy, cars, watches. We invested heavy into commercial RE 10 years ago. That has been the catalyst to almost all my other investments. I never tried to cut costs once.

This information is life changing!! Just mind blowing. Especially when he talked about putting 25k in and never touch it again. Insane!!!.... I'm using that advice

appreciate the content, super high level, you're awesome thanks for sharing everything you do!

This is literally the most clear down to earth explanation of money and debt management I've ever come across. I've been struggling even with a good job and now it's like someone snapped there fingers and the fog lifted. Thanks so much🙏

Hey Alex... love the content! Quick question. If you believe that interest and debt is hurting people so much, how come you’ve included financing options in Gym Launch’s sales strategy? It’s not a dig... I’m actually asking this question because I’m dealing with a similar conflict of interest in my own business and I would love to get your perspective. That being said you’re probably way too busy to read this lol... but who knows, maybe I’ll get lucky. Thanks for all the great advice bro you’ve really helped me and I appreciate you

@rolandvarduhn

2 жыл бұрын

I think he makes a difference between spending vs. investing

Amazing!! I have been absorbing your content in the past week, best business content in KZread thank you Alex from the bottom of my heart X

You're the best Alex, I couldn't explain how much I'm grateful to you!!! I'm from Morocco and I've been struggling a lot with my finances, I hate myself when I spend a lot so I decided to take my cashflow management to the next level, to work for me not work for the bank. 😍😍

This is great info Alex , many thanks - but at 10:45 your calc shows a 9.7% compounded return - where do you get a guaranteed return this high from? Current bank interest is like less than 2%

@shaunw666

2 жыл бұрын

should've finished wating the whole vid - @ 35:40 S&P500 averages 9.7% over the long term. Thx Alex

Absolutely loved this! What was step 6? not sure if you mentioned it or I just missed

Super value !!! Can you share the the appthat you use for the calculations?

Absolutely love this information. Thank you so much for sharing this. True leader

Great video and concepts! Where can I find that interest calculator?

Hands down best content ever ❤️

I love your content so much Alex. I read your book in half a day, it was THAT good. I have been absorbing your content and I am starting to put the wheels into motion. I am a mental health therapist and have been wanting to start private practice. I'm just so risk averse too! You've really given me the tools to start taking action in terms of the business side of things, gain that experience, and then scale up. Big hats off to you. Thank you, my "friend/mentor/coach". Peace.

Hey Alex I can't thank you enough for the data you put out. I live in Argentina and we have the highest inflation rate, and it's going down. This information allows me to make a difference in my life. Thank you

Awesome video and training, thanks for sharing this. Simple stuff that I "knew" but having acted on. It's time for me to change that.

Finally figured out Alex is getting slack updates and Im over here checking my slack....lol great video.

I need a manager like you and your wife. Thanks for putting these out.

Thank you so much this video. Very informative

great stuff! got sent here by a mentor. had to comment as you mentioned Uber...i Taxi'd for 8+ years and ******* hated it by the end haha. working on getting a tasty tech, then have a biz to invest. may jump straight to real estate?? but this is awesome! thanks

This is the most actionable personal finance video I've watched!

I'd rather have 14M now as a business owner than when I'm 75 years old with a walker and unable to do tricks on a jetski lol

@teckneic

2 жыл бұрын

OK! This is all good in theory but shit 14 million and your old as hell is just a waste of life. Life is short and I’m here for a good time not a long time!

@BIGGELATO

2 жыл бұрын

@@teckneic its exactly what I said lol

This is priceless! Thank you Alex and your wife for this exceptional content.

Such peaceful stuff and very encouraging! Thanks for sharing!

This was a game changer Alex. Is there a book you’d recommend for someone looking to gain a better relationship with money as I execute these steps?

It would be sweet learning how to cover the first 30 days of a new client. Pulling the parasuit cord for them so when they make that jump they're covered. I dont have that figured out.

This was the single greatest video of yours I have ever seen thank you so much. I appreciate you two so much.

Wow. Both of you together in this conversation was amazing so much knowledge a lot of people have husbands five partners so the perspective of both of you is amazing please do more of that really give a different perspective for a lot of people that have life partners thank you

so good, essential training, thank you!

You Genuinely helped so much by posting this on youtube . Hats off man 🙏

this is so necessary especially in the usa where the debt situation is crazy.

Why are they not teaching this in school???? Thank you for being so up front about this!

This was a very valuable video. Thank you for making it!

I always knew its important to save and not spend, but this is awesome to see it in this perspective!

great video as always. @Alex Hormozi how do you feel about buying a house if you get roommates and they pay all your mortgage? would it be worth the risk or not in your opinion since i have a super stable millitary job.

@idkfml6175

Жыл бұрын

Sublet?

Every video, this guy just doesn't miss 😭

Pure gold. Thanks for sharing Alex

So glad my parents taught me to start saving at a young age

Where do I sign up for these calls this is great

By the way, $500 per month is also the equivalent of one extra day of work a week at $14.50 an hour. So even if you can barely save anything right now, it’s totally doable if you’re willing to give up spending Saturday on the couch.

One of the best freaking trainings on money on this whole internet thing. Thank you Alex & Leila!

thanks Alex loving the free content mate

So much value in this one video!!! Thank you so much!

This is exactly what I needed. I’m marking the date..perfect direction. You are the man Alex!

None of these suggestions are new to me. I've heard them before. But this presentation makes me want to do it now, now, NOW! (OK, yes I want a torso like Alex has--or at least to touch some who does--but that's not necessarily part of this equation.)

... At some point in the future, students will rock up at business & finance related classes at school and the teacher will just be like "just go watch Alex Hormozi on KZread, I've I've nothing for you." 😂

Starbucks won't like this video... Thanks you both, really puts some perspective in it!

A serious question: Why do we want to save all the money and have that 5M+ when we’re 75? So we won’t need to work when we are 75? Then we will get bored and die faster, better to work then as well. I feel like we should live our life, and do spend some money on experiences: vacation, flights, trips, and even going out with friends. The only thing that I think is good by doing this is that we take the financial stress out because we know that we have money if we need it at any time… 🤔

@isitpossible7492

2 жыл бұрын

You gotta remember this has to be in relation to your goals and dreams. Alex wants to inspire and help 10000000's become wealthy and have and impact on their lives. He doesn't feel like he has missed out. You gotta do you, but if you want wealth even a small amount this is the mindset, inner work and commitment it takes to get there. Its a game, whether you want to play and then. get off at some point is upto you.

This is the same as my philosophy in life, be rich don't try to look rich. I went from a broke single mum to financial freedom. No matter where I am now I'm still Jenny from the block

@ewok4951

2 жыл бұрын

Linh podetti on the block😗

@LinhPodetti

2 жыл бұрын

@@ewok4951 haha thanks

Just did the math on cigarettes....holy crap, it's going to cost me ~$8,000,000.

I am sharing this to as many people as possible. I have been trying to explain this but not as clearly.

1. Build your emergency fund (~5000 $) ( and forget it ) 2. Clear off your debts (from smallest to largest) 3. Save 3 to 6 months of living expenses. 4. Refinance & Extend your mortgage 5. Start investing 15% pretax income into S&P500 monthly

This was very helpful thank you!!

I appreciated this more than you know! Thanks guys!

💥 Wow. What an eye opening video. Whoa. Thank you Alex. Im on it. 🙏🙏

The metabolism line at the end 🤣🤣🤣

Alex Do you recommend any programs to manage personal spending in accounts?

Thanks for this. You have been a massive help, especially the belief that the numbers do not lie.

Hello I'm new to your channel like what you had to say how do i get your wonderful book and 2nd how do i join your team thanks!

I’ve been smoking weed for about 3 years cause I made deans list for the first time when I started and gave up all the pain killers from the Air Force. And now that I got McDonald’s money we go to McDonald’s but gotta have that tough talk im holding me back and it’s costing me 980,000 to keep my head up my firmly up my ass thanks for the leverage to get it out!

That first 10 minutes talking about quitting expenses was the same approach I took to quit smoking 4 years ago ✊😤 smoking the least I can daily, weekly, monthly, all while using nicotine patches, and eventually had my last puff saying "I actually really didn't feel like smoking this right now" that's when you know you graduated aka quit/succeed.

@GRUBB-MUDD

2 жыл бұрын

good job!

@BIGGELATO

2 жыл бұрын

@@GRUBB-MUDD thx dude!

@GRUBB-MUDD

2 жыл бұрын

@@BIGGELATO they say nicotine is the most addictive drug on the planet. I quit heroin, I still smoke, but im not buying anymore. I have 1.25 packs left and im done. if I can quit heroin I def can quit smoking cigarettes lol

@BIGGELATO

2 жыл бұрын

@@GRUBB-MUDD thats freaking nuts dude well done! Honestly quitting smoking from the way I see it now 4 years later, the beginning was tough but i'd always tell myself I'm not a smoker, I'm done, i don't need this, basically all the opposite I used to say. I had options too, Tictacs, skittles, peanuts, sesame sticks, and Nicotine patch that helped. If I didn't have it on I'd feel that rush of wanting to smoke. But as long as you get over that wave and distract your mind just have a skittle! I can't say I never had to urge to smoke again, I really wanted to at times like the last 2 years from a massive amount of stress but again, it weathers away. don't think about it 🤙

"The game is; how little can you spend?" so true. You need to teach this at school. It would save a lot of pain and suffering in the world. As you said "its simple, not easy" but is it not easy because we are programmed to spend more than we make? What if we could shift that programming to spend as little as possible.

@donnewmon8561

2 жыл бұрын

Or just shift to spending an appropriate amount for your level of income/wealth. You don't have to try and live like a pauper. Might be a good idea temporarily while paying off high interest debt, but not for a long time.

Awesome video, but my studies dept has less fees than inflation (1,3%), how can they make money when the money I pay back is worth less than when I borrowed it? (My education was worthless, not arguing with that...)

How do I get access to this training course?

"No-One has made any rational sense, Why start now!!!" Alex I spit coffee everywhere on this one, hahaha Classic!!! Bravo!!!

@davystun8454

2 жыл бұрын

and another one: " You solved obesity..... gotta put you in a lab!" lol

What a different world I’d be living in finding info like this at 19!! I WISH I was like Marco sitting in on this increeeedible information giving from Alex at that Age. Findin it now is still amazing but means I still got more work and more investing to do!💪🏽🔥😎

What are your thoughts on infinite banking / whole life policies? A friend is trying to get me into it but it doesn’t seem that great to me.

@stevenmflores

2 жыл бұрын

I’m also so interested in both of those. WhT I think I understand is that . You become your own bank. So you make the loan interest on your self. I wish I knew about that tax part. If I’m investing in the index. Will there be a heavy tax. ? The details is what I would love to know

The intro and outros of ur video sells it all

Tax Free if you put your after tax dollars in an uncapped IUL. Will save you that 35% tax. That's hugely Let's discuss!

Regarding your comment about obtaining financing to purchase a home, at least it is an asset that increases in value annually. I owned a house for 6 years. In 2012 Paid $275k, put down 3%, financed at around 5% APR. Sold the house 6 years later for $440k. Gained $165k in 6 years. If I had leased it, I would have had about the same monthly payment, and in 6 years would have walked away with NADA. And, I got to deduct my interest and taxes from my income taxes. Leasing...again, nada.

You do pay taxes if a house goes up in value. UNLESS you do a 1031 exchange, which is buying another house of equal or greater value within a time frame of selling old house.

Where can I Find this smart calculator?

Wow!!!! Thank you from the bottom of my heart!!

You’re speaking my language here! Great video!

Gold, part of my e course has some of these lesson, and this is my first time seeing this, I’m happy we think similarly and I still have my 06 silver Prius 🤝

@fredarroyo7429

Жыл бұрын

08 white prius here and wouldn't trade it for anything