I am a lawyer. I am 57. I found this book years ago. It is 90% of the reason I have been able to become independent financially.

Best book ever! I made my daughter read it and she lives by it. At 27 she has more money saved than many of my 50 year old friends.

Thank you for this. I'm 67 years old and still ride my bicycle to the grocery store, not because I'm poor, but because I enjoy it. Yes, I'm frugal, but I like the exercise part of this activity. I have a nice home and car, no debt, and am one of those millionaires next door. With a little discipline it can be done.

@cashflow68

10 ай бұрын

Wow, you and I have a lot in common. Only I don’t ride a bike. We’re No show, all dough. I do drive a 2010 Honda Civic I bought new. Nobody bothers me.

@alvincalvin1945

10 ай бұрын

Why do media wants to put us in trap by making us believe that rich people drive Mercedes or Range Rover ??

@tomf9292

9 ай бұрын

Love it. I’m 58, debt free, many paid for rentals. (Yes I print money once a month). EVERY MONTH!! I drive a 2016 Nissan pickup that never breaks,wife drives a 2011 Toyota. I still work part time to keep busy and sharp. Wife retired in 2018. Edit: I read this book and it changed my thinking. I recommend it to everyone I know

@glendavis1266

9 ай бұрын

It all comes down to not spending all you earn. My folks never mentioned this as they spent most…..depression era people afraid of investing I believe. So if you start early in your twenties then by sixty five you will have something.

@UTP504

7 ай бұрын

⁠@@cashflow68No show, all dough, I’ve never heard that before, such a great phrase.💯

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@sattler96

10 ай бұрын

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

@Dannyholt33

10 ай бұрын

I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks and Colleen Rose Mccaffery enough for such an amazing way to make money!

@Dannyholt33

10 ай бұрын

@Mussa653 Most likely, you can find her basic information online; you are welcome to do further study.

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

@jeromesand

10 ай бұрын

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor

@maiadazz

10 ай бұрын

I wholeheartedly concur, which is why I favor relying on an investment coach to make daily investment decisions. Their expertise and exclusive attention to managing risk for potential gains, while also implementing safeguards against unfavorable outcomes, significantly diminishes the likelihood of underperformance. Having collaborated with an investment coach for more than two years, I have achieved a remarkable success of earning over one million dollars.

@richardhudson1243

10 ай бұрын

@@maiadazz I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up.

@maiadazz

10 ай бұрын

@@richardhudson1243 It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable webpage for consulting.

@DerraKormino

10 ай бұрын

@maiadazz Her website was easily accessible by entering her complete name into Google. So far, it seems fascinating. On the scheduled date, I will phone her and let you know how it went. Thanks

That guacamole story is a heart-throbber 🔥

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too 🙏🙏🙏

@limburgerfarrell3499

10 ай бұрын

you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.

@jimbouchilon389

10 ай бұрын

Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time

@johnalex4006

10 ай бұрын

I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.

@Soboj-oy8me

10 ай бұрын

yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

@theresathomas3849

10 ай бұрын

exactly! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn

When you invest, you're buying a day you don't have to work

@maxiecharles2842

10 ай бұрын

Assets that can make you rich Bitcoin Stocks Real estate

@christianajoe8563

10 ай бұрын

You're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

@lukeben1596

10 ай бұрын

It's not ignorance but due to some unprofessional broker in the market

@leahmolly9150

10 ай бұрын

I'm from Spain i have been an investor in the crypto market for over 2 years now

@leahmolly9150

10 ай бұрын

Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

@alicebenard5713

6 ай бұрын

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@philipcollen482

6 ай бұрын

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

@RyanContreras72

6 ай бұрын

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

@KatherineAnderson-lm8bw

6 ай бұрын

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

@SophiaBint-wj8wn

6 ай бұрын

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

@DanLeahfort

10 ай бұрын

@@Curbalnk Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

@colleen.odegaard

10 ай бұрын

@@DanLeahfort Amazing! How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

@DanLeahfort

10 ай бұрын

There are a lot of independent advisors you might look into. But i work with *Stacie Kristal Weber* and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.

@colleen.odegaard

10 ай бұрын

@@DanLeahfort Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@prepperboss

10 ай бұрын

Get professional investing help.

Me and my girlfriend are 24/25 net worth of a 1/4 million, drive a 2001 buick and a 2012 Chevy. 700 square Ft home. I can’t wait to retire at 35-40

Another great and informative video! I bought and read this book when young. It is on my nightstand to this day. I retired last year. I am happy to say I am now the millionaire next door. It works!!!

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

@frankalex4367

10 ай бұрын

Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.

@luiseric2752

10 ай бұрын

I've been able to scale from $50K to $139k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.

@oscarluis22556

10 ай бұрын

Who is your financial coach, do you mind hooking me up?

@luiseric2752

10 ай бұрын

brianpearcefx

@luiseric2752

10 ай бұрын

He often interacts on Telegrams, using the user name mentioned above

Considering the times we are in, this book is more important than ever. Social media and easily accessible online shopping are a recipe to cause people to spend money when they shouldn't be. The book is a reminder to not cave in to what is around us and be smart with our income

When faced with challenges, it's important to adapt and find opportunities. Instead of waiting for the stock market to crash or recover, it's advisable to focus on how to profit from the current market conditions. Various reputable sources such as Bloomberg, WSJ, and BBC Business have reported instances of individuals making an average of $350K in 14 weeks. This suggests that there is money being made if you know where to look.

@flaviobaku-jk5hc

10 ай бұрын

Exactly! I've been studying and researching a whole lot lately so I don't miss out on any opportunity.

@blackstar4686

10 ай бұрын

I'm a big fan of investment management firms, that's the more reason I enjoy my day to day market decisions because am being guided by a professional portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $1.5m in return on investment, since using a coach 2years and counting.

@britannica5264

10 ай бұрын

@@blackstar4686 Could you recommend this investment adviser that guides you, 65% of my portfolio is in the red and I really don't know if to sell or just keep holding, I could really use professional portfolio evaluation.

@blackstar4686

10 ай бұрын

The investment-adviser that guides me is Sharon Kay Hanna, she's a pretty popular adviser, so you can just search her to get in touch with her, I'm not sure it'll be right for me to leave her contact details here. xx

This is the most wholesome financial content I've seen on YT and I look forward to every release. Thank you!

MR Tae Kim, thank you for your service in the US Army, choosing an initial career path of challenges, learning and leading. You have my admiration.

Great video!! Please do a video on the most effective way to play catch up on retirement in your mid to late 40’s. I’m 46, no debt, but only have $75k in a 403b that was started at age 32. I need way more and I need to take this more seriously!!

@thewoundedhealerremapintl2887

11 ай бұрын

Have you considered buying a good life insurance that has a cash value?

@ezmaass

10 ай бұрын

There's no pain free secret formula for it, unfortunately. It simply comes down to allocating more of your income to investments. Only you'll know where that can be done, but it's often not cutting out a cup of coffee (the financial advice cliche). It may be few but large sweeping changes, like moving to a less expensive home if applicable. At 46, you'll need likely double the recommended savings rate to effectively catch up. For example, if you make $100k/year, and you're following the 4% safe withdrawal rate rule (extract no more than 4% of your portfolio, adjusted for inflation), that would mean you need roughly $2.5M saved. Well, in order to get to $2.5M in the next ~20 years (age 66), you'd need to save about 40% ($40k/year), which would bring you to around $2.2M from your starting point of $75k and assuming an 8% annual return. I don't like to count on social security, but you might assume that it can make up the difference here... and then some (if it remains intact). Alternatively, in this scenario, working longer (until 70) could mean putting in a more modest $30k (30%), and then achieving $2.8M over that time horizon. Theoretically, it could be lowered further to account for a larger social security pay-out at 70 years old, too. But, there's a huge risk in assuming you CAN work until 70 years old - most people have reasons why they stop working well before this point, with an average retirement age of 62. In short, you likely need to substantially increase your contributions as a starting point - 30% might be a good target. Some of this may come from an employer match, and if your salary won't allow for it to all be saved pre-tax (401k / 403b limits), then going to after-tax or an IRA makes sense, too. Second, make sure you're aggressively invested. This isn't the "normal" advice for someone going into later working years - you typically want to dial down equity exposure the closer you get to retirement, ending somewhere around the "ideal" 60/40 allocation between equities and bonds/fixed-income, but in your case, you're going to need as many high growth years as possible - which means more equity exposure. Make sure you're using simple, passive, low-cost investments like S&P 500 or total market ETFs... NOT actively managed mutual funds, which will charge more in fees and under-perform to boot. You need to maximize your annual return, and those fees and under-performance can cost you big in the long run. Best of luck - there's still time to get it right, but it's going to mean much bigger sacrifice at this point in your life. You'll likely need to get creative to lower expenses in meaningful ways OR raise your income in an equally meaningful way. Just be aware, that while earning more is a good thing, keeping expenses higher means your retirement income (and portfolio) needs to be higher to maintain that standard of living, too.

@Bobbysmith54999

10 ай бұрын

@@thewoundedhealerremapintl2887 what awful advice. Just buy index funds. Never buy these nonsense life insurance schemes

When free guacamole leads to love 😂🥑

@janmajayakailash3599

Ай бұрын

Im very curious how that works with rearranging your orders

This book is educational and was in some areas really surprising to me. I have used the information to great effect. I am 58 and on my third car - a 4 cylinder Toyota Tacoma 2-door truck with only automatic transmission and AC as options I purchased it 19 years ago and it has only 99,000 miles on it. Everything else on the truck is manual because that is less that can break. I just recently had to replace the original belts and hoses because they were old. It gets me back and forth to work each day. My wife and I love Toyota.

Dr. Tom was my favorite Professor in college. Had him for a couple of courses my junior and senior year. It was during the time his book was #1. Thank you for introducing him to new generations.

Love the statement on children. Value of Quality items over Quantity…Power of Self Reliance & Building Own Path/Indepedence. Understand Experiences outstrip most material items…Invest in diverse assets….Finally, as a parent Lead by Example.

I’m 31 and on a financial growth journey, your channel has become one of the main sources of information and I take great value in your work! Much appreciated. Also that free guac story got a good chuckle out of me.

I’ve met Bill Danko a few times, great guy and very passionate about financial literacy.

"economic outpatient care" I've only heard that from one other source, and it's a good one. Bravo Tae on another stimulating video.

This book and the simple path to wealth changed my life forever. Loved this video!

So good, straight to the point. Love it. You're an excellent communicator

Very good points you make.. Tom Stanley lived those principles and taught them. I was lucky enough to have him as the best professor I had in my MBA program at Georgia State long ago. He was a wonderful man and very wise about so much. I loved that picture you had of him towards the end of the video. Thank you for sharing this.

Your content is always so valuable- Thanks for what you do! Btw, your family is beautiful! Best wishes to all, from Missouri.

This is great! Thank you, very well-done video! Thank you for your knowledge and breaking this down.

8:13 "Humans are not logical beings" *Cuts to skydive clip*🤣

Awesome video and I have this book as well!! I'm 35 and getting closer on my path for the future with every passing day!!!

This and Personal Finance for Dummies are my favorite books of all time on this subject.

It's so calming to hear your voice. Everything seems achievable, great channel and great advise. Happy to subscribe, hopefully I can get more out of your videos!

I just found you recently here in YT!! You’re amazing, funny and everything you say is spot on! Thanks for posting valuable information

One of the best books I ever read! Great video! Lots of great advice in here. The one thing I would add is finding residual income it is one of the best steps towards financial freedom.

Another great vid Tae - I especially like how you break it down "Barney" style! FIRE is in my future! Cheers

Making choices like those counselled by Dr. Stanley's book is to commit to being counter-cultural. The burden of living in a capitalist, consumer society is that not only do we need money to maintain our lives, but we are addressed constantly by advertising and marketing that draws on a century of consumer behaviour research to transform who we are and what we value in life into commodities. We are socialized into all this, before we are aware of it, and thus to succeed at money (and life) have to deprogram ourselves. That takes opportunity, information and motivation. My own experience of being counter-cultural involved minimalism, getting a decent education, overall financial literacy, and specifically learning to save aggressively and invest via dividend stocks and ETFs. Thanks for the patient teaching on your channel, Tae!

I love the free guacamole at Chipotle story!

Excellent book with good advice.

Its not cheap....its THRIFTY. -- Dad to kids

I have finally gotten savings over 30% last two years. I am reasonable in most areas. I have a few hobbies that hold me back a bit but they add so much to current quality of life that think it is worth extra couple years of work. Great content!

Keep it coming sir. Hope you can make a video for employed individuals at their 30s wanting to invest and retire at the age of 50s. 😊

Excellent summary of the book !

Thank you. I really appreciated it

Good video full of great info, thanks Tae!

You did a great job. Thanks

I remember the MC Hammer situation happening. That is a sad but excellent cautionary tale.

Good video. Best personal finance book of all time.

Free guacamole, love at first sight 😂😅

Fantastic value as always!

Take, great content! Thanks for sharing

Excellent! Really enjoyed this segment. Alot to take away

Love at first sight over guacamole! Excellent!

Great video 👍 thanks for making🙏👍

A new sub today. I love your approach.

The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, etfs, coins and bonds.What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor Deborah Jean Dykstra.. it's been great.

@BenjaminMcLeod815

10 ай бұрын

Nicely done. love diversity.

@NancyFranciss

10 ай бұрын

out of curiosity I did read about Deborah Jean Dykstra on the web. she has a great resume.

@user-cy7bs3hb8v

10 ай бұрын

@@NancyFranciss Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.

@gameframeinc.3389

10 ай бұрын

@user-qx7td4oe7c Reply if you’re a real person.

@mantaris4947

10 ай бұрын

Lol SCAMMERS

One of my favorite books.

I like your channel. It helps me a lot to spend wiser and be frugal to attain true wealth.

This is what I've been trying to teach my son for years. I hope that he'll finally get it some day.

This is a fantastic video bro. Thank you for this. I really really truly want to be this millionaire next door.

🎉 thanks for this!!!

Great 👍🏼 video thanks ❤

Coach TK top of the morning

One of the best video's on this I have seen. Sadly, most people succumb to advertising and try to look wealth. They also find finance "boring", but want to be wealthy. It's fine to splurge on things every once and awhile, but the lifestyle of living frugally is good. I'd rather have financial freedom of my money working for me, rather than my having to go out and work for my money. (I retired at 56) The freedom of buying what I want, when I want, but actually not buying much. Not having to save for things, as the savings are automatic because of our lifestyle. We live below our means and are HAPPY! (what a concept) We live in a townhouse, but in a nice area. (Always buy the cheapest house in a good area.) I like sports cars and bought myself a Porsche 911...used...base model. We contribute a lot to charities, secretly. I am the multi-millionaire next door, but you wouldn't know it.

As always, thank you for the great synopsis of this books main points!

Great info 👍 👌 👏

Following this guy for the hairstyle first. Financial info is just a bonus.

Years ago, when I bought my first new car--a VW Golf--a coworker also bought a new car. She had just gotten a big promotion. She traded in her Toyota Camry for a new BMW. About 6 months later, I asked her if she was still enjoying her BMW as much as I was enjoying my Golf. She said she missed her Camry.

So, this book is simply another pop self-help book on the list of to read but not buy for me. I didn't read the book but listened to the audiobook. It has good stories and stats to really get deep into I must say. Watching this video made me just recall from another self-help business book that I read in 2013. It is all obvious what kind of book I am going to read though so this video was useful.

Well done !!

Excellent content

Excellent!!

One of my favorite books

Great content.

Millionaire Nxt Door, Automatic Millionaire and Total Money Makeover... You read these you'll be in great shape financially.

Spectacular!

Excellent information, here!🎩🌹

Love these videos Tae! I am seeking FIRE status and your message definitely describes a path to do it. FIRE means financially independent retire early. It’s better to have money than pretend to and have soaring debt in reality

The millionaire next door and total money makeover by Dave Ramsey are the only two books you need to get rich

@maryluzcrumbaker2881

11 ай бұрын

Agree! Read them both! I’d also add The Psychology of Money to that list.

Very good video❤

Everybody started out on their financial journey should read this book.

The talk about not being "cheap" but frugal also boils down to the fact that most wealthy people "cry only once" - they'll spend (sometimes substantially) more to get better quality in whatever they buy and keep it for longer. The example I use is they may buy a new refrigerator (after their old one costs too much to repair) and spend more for a model that should last much longer than the "latest / greatest" one with an LCD screen and that makes ice spheres. Wealthy people also understand that time is NOT money - time is worth way more than money and anything they can hire out to free up their time for more important (and lucrative) activities they will - I really love to mow my lawn but it doesn't make me money or compared to what I pay to have the grass cut I can earn more in that 75 minutes.

Thank you.🤝🤝☺️☺️

The rich are money minded. That is one thing I learnt from the start. I have always wanted to build wealth. I have set out $80k that I had been saving since 2020, and I want to put it in the stock market so I can grow my wealth. Any recommendations?

@84gaynor

10 ай бұрын

It is really good that you do. I know a lot of people who have made a lot from the stock market. But you need to spend a lot of time studying the market if you want to be a pro, or you use a stock advisor who really knows what they are doing.

@sommersalt88

10 ай бұрын

For real, people underestimate how much they can rake in from the stock market. Started with $120k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.

@kashkat987

10 ай бұрын

@@sommersalt88 This is something I've heard of severally, but I just don't know how to find an advisor. If you'll be kind enough, can I ask who your financial advisor is?

@sommersalt88

10 ай бұрын

The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with ''Jill Marie Carroll'' for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.

@kashkat987

10 ай бұрын

@@sommersalt88 Thanks for the info, i found her website and sent a message hopefully she replies soon.

Aaaah! You wore something other than a black polo shirt for a portion of the video! Is this a call for help?

@epistax4

11 ай бұрын

Keep calm, maybe he accidentally bleached it.

@MeltingRubberZ28

11 ай бұрын

He's starting to show off his wealth 😮

I went on a first date with a great person once, but at the end she threw away like 90% of her mostly uneaten burrito. At that point, I knew we sadly would've never worked :/

Great video

I'm 27 and invested much of my earnings as a call girl since I was 18 and now have a brokerage account worth $5.9M. Can I retire in a year or two or should I work a little longer? My portfolio of 6 stocks only yield 13K in dividends.

I am the millionaire next door. I love my seiko 5 snkl 23, the millionaire watch for 100 bucks. No need for a Rolex, too overpriced. I save 60 pct of gross. My neighbors don't know this. I do spend way, way below my means. Toyota is overpriced. I drive an 04 scion xA, the best car I own, next to my 88 Mazda mx6 gt turbo with stick. This is my sports car. I own a classic worth 8k, now. My house is 1841 sqft. I pay 575 in mortgage per month. I rent out my second home until I retire. I chose accounting as my biz.

@missgui4400

11 ай бұрын

Payoff that house

Love the guacamole story!

04:00 That quote didn't age so well. No more than twice your combined annual income? Everyone would be living in a shed at today's prices.

Almost 100k subs. Let's go!

4:02 I’m not sure the twice your annual income thing applies with todays housing prices and lack of increased wages…

@CaspianSh

11 ай бұрын

It won’t buy average couple ANYTHING in my area! Not even a bachelor’s suite! Admittedly real estate market where I live is borderline insane and does not conform to our reality.

I tick on most of these. I am a sucker for a nice car though (but don’t use finance). Marry well, that’s an interesting one. I did in some senses in financial terms as she is a very hard worker and has a good job, she has a competitive outlook like I do but she’s also a spender. So as I’m so frugal (overall) this can lead to some ‘discussions’. Nice video and summary :)

Great video and loved everything you said but I have an issue with the housing figure. Here in the Northeast buying a home 2x your household income will get you nothing. We need 4 or 5x's. It's just a sad reality.

Many of these values are embedded in Indian and Chinese culture as well. For most Americans though especially the ones with credit card debt...these lessons are like the ten commandments which they should follow religiously!😊

I learned many of these ideas from the book by Jeff Yeager, the cheapskate next door, as well. Ms. B. Churchill

For my first book should I order this or Phycology of money ?

I love my Honda Fit.