5 Ancient Wealth-Building Habits That Still Work Today
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- Опубліковано 26 бер 2024
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Show Description
Turns out, wealth-building strategies from thousands of years ago still exist today. I’m sharing my thoughts on five ancient money habits that could help you build wealth.
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People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
In my opinion, create a budget including income and expenses, do this with a financal advsor.
Make sure you do the planning with a professional if possible or you won’t really have a successful retirement. I work with Monica Mary Strigle and generated over months under guidance.
In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.
If you read your new testament on the regular you are thinking about the roman empire a lot.
Thats funny 😂 but true!
Agreed 💯
I often think about the Roman Empire, especially how it relates to the current state of the country. I’m an ISTJ personality type so maybe that explains it.
Obviously rachel has been reading, "The richest man in babylon."
😏
This is so good!
So the Richest Man in Babylon (written in the last 120 or so years ago) is ancient Babylonian wisdom? Great book, but streatching it a bit.
Well, when I was a young adult there was Rome Total war. Rome the TV series, there was also the old tv series I Claudius, Caesar 3, later Rome 2. Also if you enjoy history Rome would be a large amount of content.
Maybe some investment leverage 😮
I prefer $2000 starter fund then a separate 1yr. Full Emergency Fund
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Many quotes used the word "thy" which isn't actually ancient. That's definitely second millennia language.
The glory of Rome is forever!
Get thy country an NHS !
I love the book, The Richest Man in Babylon
🇮🇶🇮🇶❤❤
“CuRvY WoMeN dOnT eXisT”
Yeah I'm not sure what time frame you think you're living in but this is the year 2024 not a century ago.
@@motoryzen 😓 this was meant for a different video 😅
TLDW:
1. Save up $1000 if you're in debt as an emergency fund
2. Invest 15% towards retirement
3. Invest in a home
4. Track your spending (Budget)
5. Leave your kids some money (Rachel knows a lot about this one)
6. (BONUS!!) Be generous with your money
I feel like every video on this channel just comes back to ~The Baby Steps~, just with different wording/theme each time. It's honestly impressive how unoriginal the content is, but seeing as though Rachel is a nepo baby I suppose she can't relate to being an adult and struggling with money so she can't share her own stories since there aren't any. But middle-class midwest housewives and simps for Rachel eat this s*** up so they keep pumping it out as she relaxes in her $2.5 million home.
😏
😂