How To Live Like The Rich On A Budget - How To Invest Like A Millionaire Ep.3
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- Опубліковано 29 вер 2024
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This Video is about: How To Live Like The Rich On A Budget - How to Invest Like a Millionaire Ep. 3
• How To Live Like The R...
Do You Know How To Live Like The Rich On A Budget?
Post your comment below on this and share how you will apply this in your life and business.
Just love ur insights DAN ..... thank you so much ....
Dan Lok My Money Sifu
I needed to see this years ago. I fucked up by putting all my eggs in one basket with a fucking crook. I was fucking stupid. I am glad to have seen this and I am grateful to have come to know your strategies. I am learning and growing in knowledge and in confidence because of your proven strategies.
Thank you!!
Nick Mirante NY
Brilliant video. The point of the books teaching theory that's logical but we as humans are emotional is spot on. If we understand our human behavioural weaknesses, we can turn them into advantages. Creating accountability and personal honesty can support staying on track to financial success.
Appearance; "Look sharp, feel sharp. When you feel good, you do good" it's a positive cycle
Dan Lok I would love and be forever grateful if you became my mentor
Thanks Dan, looking forward to starting my untouchable stash of cash. How do you determine when it is wise to invest the stash? Is It a dollar amount you reach, or something else?
Never get a second chance to make a first impression... What a line... 👍
4. Goals
1. Every year you increase earning ability by 10%
2. Save more than you did last year
3. Every year you will save more in terms of percentage of income
5. Money comes to you when you don’t need it - don’t act like you need clients in front of them - success attracts success
6. You can’t get rich feeling poor - dress nicer, feel more professional
Thank you Dan...ever since I changed my attire and dress professional...my prices increased. Tips increased. Confidence increased and I'm able to charge clients whatever for haircuts now. I have the mindset that's totally different from alot of other barbers in my city. Your channel has helped.. appreciate you boss.
VictOrtiz #HAIRICOME
Your strategies of HOW TO BECOME RICH SLOWLY sounds very authentic. Thank you Dan
First video I watched that was about you were telling to get the job first and I got one and now when I was searching for some money management advice this video popped up… great advice Dan
thank you for this video I'm 15 and recently got a job and needed to figure out how I was going to budget.
So many gems in one video . Thank you for this
Your right. Living above your means is your own defeat.
Hi Mr. Dan actually I like your ideas so much and it's helping me some how actually I like you to be my mentor. I am Egyptian and live in Malaysia and have my business here and I want to take it to next level sure your advices will help me more
Love your book F.U Money 💵
Only cash savings? Should we diversify which currency we save in, or how about saving in the form of gold, low-risk stocks or something like that? Thoughts?
Hello dan lok. Can show me the way how to meet with success people.
Dan Lok is great!
Thank you Dan, look forward to more!
Sir I like your videos, a lot of confidence has been devloped in me in a very short time. Thanks sir you show me a new hope in my life. Thanks.
thank you.
I love it
Thank you sir.
Bill gates wear mostly a simple sweater! A little bit confused between dan and bill
Bill is one of a kind. He's not ur average human being.
Bill is already wealthy my friend.
What do you do with the saved money?
awesome
Subbed! Love your content.
hello dan lok I'm from india 🇮🇳.
"It easier for a camel to go through the eye of needle than rich man to enter the kingdom of god".
mark 10:25
being wealth is not a sin,but obsession of money is sin.
Well said.
+Jessica Chen Great! stay tuned for more
What people don’t understand is it takes a certain level of intelligence, most poor people haven’t made it not because they lazy or they don’t want to get a better life but they are unfortunately ignorant they were just not born intelligent or given the prober tools to increase there level of intelligence
4:35 he's very nervous
Hello Dan
I do not come from an easy place.
All my family my brother , my mother , grandparents had businesses .
I've been an observer for a long time watching what's going on with my family's businesses.
I'd need to talk about my experience but not here .
I'm going to set my cell up for calls we will talk in private please sir.
I feel good about you in my stomach or intuitively so :-)
Thank-you
I liked the Limo story .
Lol :-)
Real deal, tells it like it is. Surprised everyone doesn't know about you!!
How you do one thing, is how you do everything. Keep growing
Enjoyed the video - but Ed Zuckerberg always looks poor. So did Steve Jobs.
1. Increase my earning ability every year 2. Save more every year 3. Save a percentage, make sure spending needs to be proportional. Focus on maximizing productive time used not pinching pennies. Automate the savings aspect so it’s integrated.
You can't get rich looking poor. You can't get rich feeling poor. I love that. I am training myself to think abundantly. :)
Good Close Bond.
Dan Lok I’m an immigrant from Africa I came to us to go to school and my parents (step father and mom)got a business they running...at first they told me to just help them grow their business ,I couldn’t go to school or work somewhere else .i was working for them for over 3years 7 days and more than 12 hours a day . I never got a paycheck from them couldn’t save or had a car to drive myself somewhere ,they basically had my life on their hand and I was 20 when I came to us. They would always show off in front of me and splurging and I was the lone dog while my half brother and sister was enjoying the money.when I finally left and went on my own I was on the street I struggled met my girlfriend who is Asian and I was basically a bum she helped me get a temporary job and she was taking me to work and back everyday.when I met her parents couple of months later she got kicked out because her parents didn’t like me because basically I was black and didn’t have money.we were living in her car with all our stuff...I finally got a motel room and we went on living there for almost 6months before I got my taxes and we applied for a 1br apartment.it was hard but I couldn’t see her living in a motel or car.until now we living in a 1br apartment she got a job but only part time and my full time job only pays me 380 a week ...I feel like they don’t pay me what I deserve or work for.i speak 4languages fluently.my whole monthly paycheck goes to apartments and bills with car payment because her car broke and we had to get a car for us to be able to go to work...now I really need a mentor for advice...We cannot save at all because it’s gonna take a hit on our bills ...and idk what else to do . I live in NC where the wages are not that good. I thought about going back to school but if I do I’m pretty sure we will be out on the street again because the bills don’t wait and people don’t have any understanding.sorry for the long message
Amar Tamberou then why are you wasting time looking call of duty videos
Amar Tamberou let your gf go back to her parents and maybes he will have a better life and you can go live with your parents and save money for a year and then put down payment of 6k on a 150k condo, good luck and god bless
@@theroots450 He said he wasn't getting a paycheck from them.
Scalable income...what a concept. I so wish I would have learned this much sooner.
Splendid
Good advice, it’s how I bought my first property, I had two separate bank accounts and used one to store money.
Trevor Geall but isn't the Bank able to get your money?
wow
This really makes so much sense!!!!!! Thanks a million. NOTE: In future talks can you please have a mic for the audience so we too can hear their questions and comments as we tend to get lost and try to figure it out in your answer.
You're such an inspiration. I learnt not to be desperate while discussing business long ago. Right now, "money comes to people who don't need it"
Hahaha "I don't look good in cheap suits"
This is great. And it alludes to the power of compounding your cash! Thanks a lot!
Oh I am so glad I found your channel! My husband and are are starting today, saving 15% of our income!! We save 10% but this makes even more sense! Also love how you said dress your best! I was taught this as a child.
Money goes to people who can multiply it.
They use the force multipliers.
Musical Victory ninogosi
I love that too.
Us
Money doesnt go to people who need it, it goes to people who can multiply it. Confidence of handling the money and a confident attitude are the keys. Yes guru Dan! Thanks.
THE MAN. THE MYTH. THE LEGEND.
THE KING OF HIGH-TICKET SALES™
INTERNATIONAL BEST-SELLING AUTHOR
MEDIA MAVEN & SOCIAL MEDIA INFLUENCER
HIGHLY SOUGHT-AFTER SPEAKER
MARTIAL ART MASTER
FAMILY MAN
wow this guy is so good... why am I only learning about him through my youtube feed...
Success leaves clues. Keep growing
Saving and spending proportionally is the way of the millionaire mind. Thanks Dan.
I have followed the advice like you give and have made 12.5 million rupees in india.. Thanks Dan.
Excellent. I love to hear success stories from my students.
Bhai, kya kiya tune aisa?
@@AshishSingh-tn5ly fenk raha hai🤩🤩🤩
Glad to find you during my 20s,Thank you Dan
Very few people offer real values on internet, you are one of them.. Thanks.. Luking forward to buy your book
Thanks Dan , Im Russian and Im happy that I learned some English before, so now I am able to learn from the best guys in the world like you!
Keep it up!
Me too
So great advice Dan my sifu..You cannot be rich by looking poor, cheap and thinking poor, scarcity mindset..thoughts to ponder all the time..
Today is the first time I've heard about you so I'm moving up in wealth mentally I hope. Good words. Please have videographer show the board more. Thx!
No comfort in the growth zone and no growth in the comfort zone. Keep growing
You dont hope you will
What a life changing message,thanks Dan.
You can't get rich looking poor, you definitely can't get rich feeling poor!!!
Hello Sir Dan, I’m 17, and I’m a Music Composer. I have 0 income, and I’m working on my High Income Skill. Like you said, “The first goal- Keep increasing Your High Income Skill every year by at least 10%”
So, my question is, How do I make sure I’ve improved/Increased my High Income Skill. What are your thoughts?
Thank you Sir Dan, I wish you great health.
The LAW OF ATTRACTION play a big role , having the abundant mind set , dress for success , visualize and acting like you already have the money you are looking for . So it's important to do these things also , while you work hard to increase yohr income ability every year, and try to save more each year than the previous year like Dan said.
The vibe of not needing money is so effective❤ the confident feeling of its just a simple business transaction and whether you buy or not, it doesn't affect me, love ittttttt
i live in Zimbabwe and i am a Zimbabwean, I am small business owner with the desire to expand my business..i find this information very helpful thank you Master Dan Lok
most people have the scarcity mindset and to them being cheap has always seemed like a great thing. when you have a rich mindset , you train yourself to live in abundance. when interacting with people with rich mindset, you are confident, and ready to achieve great. "In business never get a second chance to make a first impression" what an advice
Yesterday, I found your videos, first time and watched your video last night and today... AND TODAY
I success to get done ✅ 4 things on my List To Do ... hooray 😁
This is all true . Your blowing the secrets Dan
Abundance is good. Keep learning
Lol I lost 48 million bucks
i can say without a doubt in my mind that you are the best thing on UA-cam
Hello Dan lok this is your first video that I watched and after I subscribed your channel 😊
Dan, thank you for the great advice. I love your straight no bullshit style.
Ricky Awesome! What are some main insights you plan to apply from this video next?
Dan, you even talk about how to make your FU money and wrote a book too but can you pls make a video how to get a FU wifey like your lol no jk
BULA FROM FIJI ,
I being watching and learning a lot for all your videos and in the same time i'm writing it down and looking forward to buy the FU money Book Thank you for Sharing your success . it truly help me
Hey Dan
Just stumbled across your book and channel and I’m loving it. I want to say thank you first because it’s given me the kick I need to take it to the next level.
Quick question on this video. The money you have saved just say the 15% where I currently am. Is that money strictly just to sit in the bank or do I use that money to invest?
Thank you again
All the time when I watch your videos. It's like an active movie. " And now the BEST OF BEST MAN - EEE- WHO teaches YOU HOW TO SPEND MORE MONEY" :) Cool:)
Why Dan Lok is not in Wikipedia? even a trash rapper in out country is in Wiki... 😅😅😅
I save around 70% of my income. I think I went too far lol
If all the bills are paid and food is in the fridge i'm sure it's good amount. But for me anything higher than 50% would make me uncomfortable. And i hope he meant save 50% of my net income.
I have a guy in my unit who makes about 2100 a paycheck (lives in the barracks so housing and food is paid for) and he saves $1600 a month and perfectly happy. If I saved %70 I wouldn't be happy at all.
I have watched a couple of your videos now. I'm mindblown Dan! Your content is my new obsession! 😂
Nicse do about it ric mybaby every single de Hou internet the chan toyou
DAN your lessons are indeed motivational and igniting. At least I am. Great workshop
This is the best video so far that I've heard😍😍😍😍😍😍 I am extremely inspired to DO
I'm glad Dan broke down what he meant by saving. My economics professor for macro stated that investing is synonymous with saving. Which to some point I can see the logic. But a bad investment is almost as synonymous as bad spending habits.
:) Before to get rich (a relative term depending on each individual) you have to be ready to be one. There are many people who got very rich just by being the right person at the right moment but got in reverse in no time cos they weren't yet ready to be wealthy.
Homework time: Earn more each year, increase the amount I save from what I earn (pay myself), use the rest to buy wealth triggers. This will create an abundance mind set.
Good observation, Jacob.
Absolutely loving this advice, which is nicely embedded with the FU money ebook.
I just found your channel. This is great information! Thanks for sharing
Josh, when the student is ready the master appears.
I love you!!! You are damm right! We have come to this world to make it a richer place! We are not going to get rich by dressing poor or feeling poor. Thank you so much for your advices🌎💓
Great tips! I will personally call my financial advisor to advise him NOT to let me touch my saving fund (because I did in the past... bad idea).
You make very clear points throughout your videos. The problem with this lies with me, the person learning. I have to get off my backside and take massive action. Thank you so much.
Mybaby every single Do Only you sayL will
So powerful. Going to watch and study this over and over again until I can "be" :)
I am a network marketer Dan lok I wanna meet u
Ok dan.i just watched this episode 7 times in a row ! You are gifted in the way you can send messages out there with such clarity and wisdom. You are truly a very rich man and it has nothing to do with the amount of money you have in your bank. If I take everything from you - you will be rich as hell all over again. You have the mind set of a winner- the other stuff are just numbers in your drawer. Thank you for being you and for this message. Wish you millions every single second of your day and night. From the bottom of my heart - thank you.
This guy is good excellent advice
These concepts and ideas Amor personal finance are so practical steps that really do work when out onto action. Thank you for sharing this seminar on you tube.
BEST MAN IN
BUSINESS ADVICE !!!
;-))
U looks cute when u laugh.
Sana Sajid Khan English tip: Add "s" on when you are talking about he/she/it - He eats fruit . But others dobt have the "s". You eat fruit :)
Complexeon
All in all, you both need to learn to spell and proof read before posting. It's "You" not "U" and it's "don't" not "dobt".
I've always subscribed to the 'Richest man in Babylon' philosophy, but this video definitely makes it obvious to me that the richest man in babylon should only be the starting point. Not the end all, be all. Thanks Dan!
Welcome Chuzzy.
I have to keep increasing my earning ability most especially learning a high income skill then as I increase my income then I can save more too. Thanks for the input.
How can i increase my earning ability?
My skill set is house cleaning, front desk office, sales, motel work, call center, lots of entry level work, I just can't seem to make over about 15 to 18 thousand per year.
Any suggestions?
48 million bucks.....dayummmm
Hello Dan, very valuable as always. I am implementing this. Thank You.
Thank you so much Dan, your really chaged the way i discuss with my clients, closing deals 😊😊😊😊. You had impacted my sales target closure's. Thanks a ton. Gives me confidence to move aheas
I agree with most of what you say. The dress rich applies in certain businesses more than others. I think the point is how you feel about how you are dressed. If you are comfortable in your pajamas writing a book, good for you. If you are in an important meeting with a wrinkled outfit, slightly scuffed shoes, etc., most people would feel at a disadvantage. If you don't want to dress up become something that is okay with that. But when I watch garden design shows and the subcontractors are wearing really scruffy clothes, it reflects badly on the designers. Personally, I never want to wear high heels, pantyhose or a bra ever again. But I can work around that and still look professional. I watch women in 6" stiletto heels and wonder why they have such low self-esteem. Pandering to fashion shows insecurity, imho. But hey, if you enjoy rocking a red suit, that's a whole different ball game. Thanks for the great advice!
Dan Lok ...I am a big fan of you will you please tell me or help that how possibly??I can be a successful man at a very young age and now I am involving in digital marketing systems in online...and now I am selling my services as well as i can but the thing is how will i achieve my success very soon from this and try to communicate with my mentors very easily...is there any way to get more successful in my career so far ...please I need advice from you...because I am so much beginners in this profession but my aim is I want to be a successful one day like you...i also see your you tube videos and try to cope up with it ...but i need some good suggestions from you that how so fast I can grow up my business..I am Rakib..from Bangladesh and my age is 25 years right now...I am a web developer.In online marketing systems policy....but my goal is to make my own company..at a very young age..it will be very pleasure for me if you give some guidelines...for me about online marketing systems very easily. Thank you very much..
Im YOUR BIG FAN. DAN LOK I WANT YOU TO BECOME my MENTOR. IN FROM PHILIPPINES!
I WANT TO CHANGE MAY LIFE AND EVERYBODY LIKE YOU. MY INSPIRATION.THAT'S WHY ALL OF YOUR VIDEOS I ALWAYS WATCH YOU.
He is missing the point. So whatever you do to accumulate money, in the end, all of it goes down the drain when you die. Instead, enjoy your life the way you like even if that means you live on Walmart's income.
Amazing. 👌 Up your game. Increase your ability to earn more money through high income skills and save more money. 🔥
I am removing every ounce of scarcity from my thoughts, feelings and emotions. And instead, taking the money I have, whatever amount it may be and investing it with full faith and abundance into something I know will help me grow as a person, and entrepreneur. Thanks Dan, great video.
What if I make less than 10k a year? :'( This is a third-world country reality :( any answer is welcome
Thank You for your Knowledge your Sharing.
Keep up the Awesome Content!!