Hello Aluxers! What basic money skill has worked well for you? ARTICLE: www.alux.com/money-skills/ Mind Mastery: www.alux.com/mindmastery Grab the ALUX x NordVPN Offer using the code “ALUX" today: www.alux.com/vpn 15 BEST MONEY ADVICE | ALUX Edition: ua-cam.com/video/hrIsmycJoJE/v-deo.html
The wise sees economic crisis as a garage sale. Currently I'm 37yrs old with a goal to have $5M net worth in 5 years, I understand that the only thing we can't get back in life is TIME. I want to be Time Rich . I'm 1/5 of the way there. I know I'm going to make it with discipline, I'm a financial developer and live well below my means. No house payment ever again! If you're curious on how to get your life on track, from my experience the best thing that has tripled my net worth in one year was my fiduciary financial advisor Expert Ethan Jerry. You can use something else, it just takes a clear vision and discipline. Avoid debt cut costs to be Time Rich! Maybe one day I will own that business I have always dreamed of and also enjoy my family life ever more. You can reach Expert Ethan on Whatsapp ☎️ +1....661........293........7630
If you wanna easy, fast and secure earning I have one site that will accomplish your wishes. With just one survey, task or other offer you can earn good amount of money. And you have additional benefits. When you finish some survey or other task you get a new survey or other task in short period of time, you do not have to work when they want, how much they want, in a building where they want and you can give cancellation when you want. You are dirigent of all this activities and you can earn money while enjoying in bed in any country. The site is very popular and many people have positive opinions about it and I also have great experience, so I do not believe that site is fraud. www.ysense.com/?rb=95060509
*TO YOU READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.* *ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.* *Risk and time are opposite sides of the same coin, for if there were no tomorrow there would be no risk. Time transforms risk, and the nature of risk is shaped by the time horizon: the future is the playing field.* *Those who leave early are saved, but the ball is so splendid no one wants to leave while there is still time, so that everyone keeps asking, ‘What time is it? What time is it?’ But none of the clocks have any hands.*
Most people remain poor only because friends and relatives discouraged and advised them against investing and trading forex while the wise ones kept investing and going higher financially.
As a f.o.r.e.x trader it’s almost inevitable that you’re going to experience some ups and down along the way, alertness and decisiveness are both fundamental ingredients in the recipe for a successful f.o.r.e.x trader.
Hello,I’m new to forex trade and i have been making huge losses but i recently see a lot of people earning from it.Can someone pleas tell me what I’m doing wrong.
List of things I achieve due to ALUX 1. Reading habits 2. Dreaming big 3. Discipline 4. Removing distractions in my life Thank you too much for all this
Being successful don’t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.
@@haywanchiu9971 I agree e with you 💯 .. I had a senior colleague at work who was doing well but never had an investment. Unfortunately he lost his job and went from living a comfortable life to hardship. There would had been something to fall back on if he had an investment
@@haywanchiu9971 NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
@@berryobrain8433 True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best
Learning money skills early in life will be greatly beneficial to you, mostly we don’t really pick up on these knowledgeable insights until we reach our 20s.
Exactly. Basic financial skills are the essentials you acquire to help you manage your money, grow your wealth, and ensure you are staying out of debt.
@@benjaminhuth2206 Yeah... This is why I advice younger adults and older adults too to learn more about cryptocurrency and invest in it. It’s a good investment especially now it’s value and demand is high.
@@bryansebastian8073 Yeah you’re right. Cryptocurrency has worked so well for me and I’ve been able to save enough money as I earn from the crypto market.
@@tomassantiago5735 This is because you’re doing this on your own. No one has ever excelled in the crypto market by just trading on their own. You require professional guidance.
2=Wealth.Saving.Liability 3=Make tax work for you 4=Learn how to use other people money 5=You need to earn more. Not spend less 6=What are Basis points 7=Know your doller needs 8=Have a retirement plan 9=How to safeguard your money 10=Make money while you sleep 11=Use some sort of rule for your monthly income planning 12=Don't make money your meaning 13=know what to look for in the Ts &Cs- Banking fees 14=Credit card 15=Investment fees
Never co-sign on a loan. Invest in a good education. Read more. Pay off debt ASAP Be careful who you bring into your life. Study wealth & investing. Live below your means.
I'm unemployed 5 years being academic. I invested all my money to the Education. And I'm not living, I'm surviving... Please, read my biography www.alexandramiracle.com. Is it a bad education? Thank you.
No-one met their partner based on financial compatibility....unfortunately the loins and the heart are in control long before the brain takes control of the wheel....hopefully the car was on the right road all along.
I Map out targets, execute them, spend less and invest more and are always eager to learn new ideas and put them to practice, I can Say that this is my little secret too 💰💰
To normal people: these guys are spammers and trying to fool you by replying from 50+ different accounts. Don't fall for these guys. I am just warning you all. Right now i am one man army, and i need your help to stop spammers like this. Just warn people just like i am warning you right now. You can subscribe or like this comment to show your support (it's optional). To spammers: Trying to fool people haa??? If you want promote your broker, invest some money in advertising. I won't allow you to fool people like this.
Only spend what is left after saving. Converting that SAVINGS from active income into passive income. 😊 That's what we are teaching in International Marketing Group. 1. Healthcare (If ever you got sick) 2. Life Insurance (If ever you die too soon) 3. Eliminate Debts (You know debts interest monthly and investments is just yearly so better manage this first before having a lot of investments) 4. Emergency Fund ( 3-6 months of your salary) 5. Investments. (direct and indirect stocks) That's what we called the solid financial foundation. #IMG 🥰
I loved the last one the most. Thank you Alux for many outstanding works all along. " But never forget, aluxers, the most valuable asset you have is time. Organize your time effectively. Don't work endlessly. And, make sure you enjoy your days because that's the true value and richness in life." Alux team P.S. an appreciation from Thailand :)
Great video Alux. But the most important thing to know about money is that Gold is money and everything else is credit. Don’t let “smart people” , financial advisors and bankers tell you otherwise.
My money skill is picturing this: it's 5years from now. Bitcoin is at $3M. Nice home. Amazing job. It's Christmas, my kids are asleep. My spouse and I are having a whiskey on the couch. It's snowing outside. All the Fortune academy classes, All the HODL-ing was worth it. I made it!
I invest and trade with Mrs Joyce of fortune academy also, ran at loss trading $XRP back in 2017, then I swapped to btc/eth investment with Mrs Joyce, recovered my loss in 2-3months, I have not swapped back to XRP ever since.
1. Nobody got rich from saving money. 2. Wealth, savings, liabilities. 3. Make tax work for you. 4. Learn how to use other people's money. 5. Earn more not spend less. 6. What are the basis points? 7. Know your dollar needs. 8. Have a retirement plan. 9. How to safeguard your money. 10. Make money while you sleep. 11. Use some sort of rule for your monthly income planning. 12. Don't make money your meaning. 13. Know what to look for in the t's & c's - No.1 Banking fees 14. No.2 Credit cards 15. No.3 Investment fees Bonus - buy life insurance
#10 Make money while you sleep was my grandfather's favorite. Most of us won't get RICH here honestly, but listening to Alux and following a lot of what they say will make even modest people very comfortable financially. Lastly, that's true, the most expensive asset is time. When you reach middle-age you'll realize this concretely.
As a first time investor I started trading with Mrs Ryan Jeffries with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her
with the consistent weekly profits I'm getting investing with Mrs Ryan Jeffries there's no doubt, she is the most reliable in the market. such a genius
About twelve years ago, with my then-girlfriend, I went through a minor embarrassing experience. Our computer broke down, so we had to go and buy a new one. The embarrassing part is we had to split the purchase between her credit card (which had a 500$ limit) and both our bank cards. As we walked out the store with the new PC, I asked her why can't she just raise her credit limit. She said: "No! That's how people lose control, spend more than they have, and spend the rest of their lives in debts." Yeah, ok, I know some people are just big spenders. But I know we aren't. So could we just raise it for the next time we need to buy something expensive? She refused! In her mind, it was inevitable: someone with a large credit limit will automatically become a big spender. Two years later, after we split. Up to that point in my life, I never had a credit card. Unfortunately, no credit card = no credit history = no way I could ever get a loan for, well, anything. I knew that! So, I went to my bank online, and asked for a credit card. Since it was my first one, the limit was set at $500. My plan was simple: Use it to pay for everything, never charge more than what I earn, and pay it in full before the end of the month. Soon, my bank offered to raise my credit limit to $1 000. I accepted. Then it was $2 000, $5 000, $7 500, $10 000, etc. I accepted each time. But it never influenced me to become a big spender. I keep putting it back to zero before the end of the month. About 6 years ago, many bad things happened at once, and I had to put about $6 000 on my card. By then, I had a good credit record. So, the bank made me an offer: A $10 000 bank credit at 3,5% interest. "Your credit card charges 19.9% interest. So, take our $10 000, use it to clear your credit card, and pay us back at a 3.5% rate instead." Which I did. Today, I am still poor. (Kids support for 4 children does that to you) But at the same time, the limit on my credit card is so high I could use it to buy a new car. Which I won't. But now, I am secure in the fact that I am covered, no matter what financial catastrophe happens. Also, with all the reward points programs that comes with it, I get $100-$200 back every year. And I have a great credit history, something very important in that day and age. I am now free of child support. So, once I figure out how to make money, I know I'll be able to handle it properly to make sure it's value grows. So, yeah, that basic money skill (rise the credit limit but never use it) changed the game for me, for it prevented me to become homeless 6 years ago.
3:36 Here an example how I made my first 16k work for me. I have a car which was paid off and still had value but each day its was losing value so I used my car as collateral for personal loan to re-invest the loan all in 12/2018 to TSLA and still planning to wait out the 72 month on this loan. All I can say I don’t regret one bit the personal loan cause now its about 8 time its value.
As I get older, I realize the MOST IMPORTANT COMMODITY IN THE WORLD IS TIME!! Life is itself is a BIG CATCH 22 : You need time to make money but you also need time to enjoy life but then you can't enjoy life without money.
First of all, the lobbyists for the banking industry will try their hardest to not let that happen. The banks like to keep people financially illiterate. Second, having the knowledge is one thing, but having the discipline to utilize that knowledge is quite another. When I was working in an investment bank, in our division (12-15 people), all of us have a finance degree or other business-related degrees and more than half of us have MBA; so all of us know a thing or two about personal finance . But yet, a few of us were still living paycheck to paycheck; even though, each of us was making between $200,000 - $800,000 (salary + bonus)/year. If you are living above your means, then you are going to still be broke, regardless of how much money you bring in.
There is no need to pay a banking fee--ever. I've had my bank accounts free at Charles Schwab for 20 years. No minimum balance for my interest checking account, no monthly fee. Fidelity has the same deal, plus they have a 2% rebate Visa that deposits the rebate monthly into my brokerage account. You can have the 2% deposited to your kid's 529, instead, if you like. Self-made, I left NY at 14 and started out on my own as a bus boy in SF with $200 in my pocket. Be Frugal, invest, learn how stocks work, develop lifetime habits that keep your money at a distance from one of its worst enemies--you. Do not ever take on consumer debt or borrow to buy assets that will depreciate. Debt enslaves. Do not give in to the brainwashing that advertising pushes. You only want the stuff because they tell you you do. Do not voraciously consume. Value experiences, especially with family, over stuff. Buy your cars as lease returns--for cash. I'm on my third car of my life. A 2011 328i, stick. Fun to drive. Bought it as a lease return, still under warranty, for $21K. It's still pristine but blue books for less than $5K. Keep them until they won't go anymore. Become your own financial advisor. Plan your income tax strategy the year before. Read JK Lasser annually. No one can have your financial best interests in mind better than you do. I watch the market, read The Journal (and many other pubs) every day. I worked at a stock brokerage firm in my 20s just long enough to pass the Series 7, get my stockbroker license, and FA designation so I could manage my own money professionally for life, then I went back to working in tech. Spend time with your kids. Your time is the most valuable thing you can give anyone. Become intimate with the 8th wonder of the world--compounded rate of return. Sit down with your children and create a spreadsheet that shows them how it works, and demonstrates how the difference between starting to invest at 23 vs 30 is the difference between retiring with $2M vs $4M. Pay more for quality but always negotiate for the best price. Get a job that has you travel so you can accumulate miles/points. Build up your points and miles with credit cards. Churn cards for bonus miles. My kids are grown now and as little ones they always flew with me in first class on family trips at least once per year, but I never paid money for the first class seats nor the hotel upgrades. The whole time they both were at UC (no student loans) we never paid for a flight to visit them nor bring them home during breaks. Pennies turn into dollars, dollars turn into wealth, and if you're doing that right it'll become a game that you'll enjoy along the way.
It feels good to know that we still have trustworthy people like ma'am Christine Morgan, I'm very delighted I was transformed through her platform God bless her abundantly
Listen to Dave Ramsey and follow everything he says Dave Ramsey and a Mechanical Engineering Degree turned me into a debt free millionaire before I was 40
Great insight about money. I would like to add one. ‘Compound interest is the eight wonder of the world. He who understands it, earns it; he who doesn’t, pays it’- Sir Albert Einstein. So, start investing as early as you can.
The wise sees economic crisis as a garage sale. Currently I'm 37yrs old with a goal to have $5M net worth in 5 years, I understand that the only thing we can't get back in life is TIME. I want to be Time Rich . I'm 1/5 of the way there. I know I'm going to make it with discipline, I'm a financial developer and live well below my means. No house payment ever again! If you're curious on how to get your life on track, from my experience the best thing that has tripled my net worth in one year was my fiduciary financial advisor Expert Ethan Jerry. You can use something else, it just takes a clear vision and discipline. Avoid debt cut costs to be Time Rich! Maybe one day I will own that business I have always dreamed of and also enjoy my family life ever more. You can reach Expert Ethan on Whatsapp ☎️ +1....661........293........7630
This is normal, good advice for the most part. I must be the only low wage earner who wants to pay taxes, I swear. When you have to walk or ride a bicycle, potholes and other issues are annoying while we go to the public library. Many of us, not to be rude or degrade our class or whatever, are just going to blow our return.. You get "so excited." :(
I LOVE this! Thank you Alux. Most of this stuff I never knew and I am happy to learn them. I'm now an Alux student. Most of my friends listen to pop songs, always checking the latest fashion or gossip but I'm always on your channel looking for financial literacy. I've got a notebook where I'm constantly taking notes on money. This will pay off for me one day and I'm pretty sure I'll thank you in a big way!
#6. (4:40) "earn more" come to South fking Florida. That's why there are a lot of "Robinhoods" here (people conning rich people) i understand them but I don't condone them.
Being careful of the company I keep. Also staying out of debt and consistancy in investing. I would add not spending money on things that bring you little to no value.
Regarding #13. Not once, was "deal with cash", mentioned. Cash costs you, nor a business nothing to use. It beats getting nickel and dimed, by the banks. Why should trying to spend money, cost you money?
Life insurance is a topic that’s so under valued . I inherited a death benefit . Also just applied for 1million dollars in coverage (age 26 no kids no wife ) thinking long term
4. Learnnhow to use other peoples money I asked my colleague to pay electric bill for me and i hand out him a $100 bill. He ended up betting it in card game and after 4 hours he came back and told me he gambled it to make it grow but he lost all my money.
*How many millionaires do you know who have become wealthy by investing in savings accounts?* *- Robert G Allen* A good reminder to everyone in the world😃
Well I'll give some tips on how you can become a successful trader.. Develop a trading plan and always adhere to it. Set stop-losses for every trade. ... Don't risk more than 2% of your margin per single trade...
Binary options are the ways to make money with money but it’s known to be a scam..... Do your research thoroughly either it offers you in instagram or WhatsApp Can you make a video about that? It would help bring into the light and spread awareness of the names and it’s content to join or to avoid.....
I'm switching from Allstate to State Farm. The savings equals $50/month which I can invest. My insurance business is growing. Insurance when it renews, pays the benefits counselor/sales person. For the rest of my life, as long as my customers renew, I'm set. Some agents bring home $1 million annually on their renewals. Negotiating debt has worked wonders for me. E.G. every other year I find out who can insure me for less money. Switching to 0% interest cards has helped as well.
If investments are wants and they should be...the balance between them should be equal.Intakenit tonforty fifty on needs and 25:25 on wants,savings and investments
2:33 “Minus” is not a verb. The word you want is “subtract.” It’s hard to take you seriously when you use words incorrectly like that, and there are examples of this in just about every video you put out.
The name of a book I read 30 years ago escapes me however the exercise was LIFE CHANGING! They said to get a pocket size notebook (Sir Richard Branson still uses one!) and record EVERY item or service I spent money on for a MONTH! EYE OPENING!
With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future. Crypto is the future
EXACTLY.....Starting early in stock and Crypto marketing is the best way of getting ahead to build wealth, and investing I believe Should remain a top priority to everyone.
It's a pity that most people out there are struggling through intense hardship and have ignored bitcoin, where as Bitcoin can uplift your financial status.
Yeap, it's all about a little literacy and timing your investments right. Check out our latest, Levies. It's about Money Skills: ua-cam.com/video/XV14FQ1iCiQ/v-deo.html
Big saving 100.000 Euro and up on a bank in the Netherlands cost money. It's crazy ! All assets in the Netherlands 100.000 Euro or more will get taxed by 4% a year !!! Big multinationals in the Netherlands almost don't pay tax All madness 😕
Hello Aluxers! What basic money skill has worked well for you?
ARTICLE: www.alux.com/money-skills/
Mind Mastery: www.alux.com/mindmastery
Grab the ALUX x NordVPN Offer using the code “ALUX" today: www.alux.com/vpn
15 BEST MONEY ADVICE | ALUX Edition: ua-cam.com/video/hrIsmycJoJE/v-deo.html
None
👍👍👍
ua-cam.com/video/HfMveCl0nBE/v-deo.html
Do a video on Macroeconomics!
Auto transfer to investment account.
All the future billionaires, thumbs up!
The wise sees economic crisis as a garage sale. Currently I'm 37yrs old with a goal to have $5M net worth in 5 years, I understand that the only thing we can't get back in life is TIME. I want to be Time Rich . I'm 1/5 of the way there. I know I'm going to make it with discipline, I'm a financial developer and live well below my means. No house payment ever again! If you're curious on how to get your life on track, from my experience the best thing that has tripled my net worth in one year was my fiduciary financial advisor Expert Ethan Jerry. You can use something else, it just takes a clear vision and discipline. Avoid debt cut costs to be Time Rich! Maybe one day I will own that business I have always dreamed of and also enjoy my family life ever more. You can reach Expert Ethan on Whatsapp ☎️
+1....661........293........7630
If you wanna easy, fast and secure earning I have one site that will accomplish your wishes. With just one survey, task or other offer you can earn good amount of money. And you have additional benefits. When you finish some survey or other task you get a new survey or other task in short period of time, you do not have to work when they want, how much they want, in a building where they want and you can give cancellation when you want. You are dirigent of all this activities and you can earn money while enjoying in bed in any country. The site is very popular and many people have positive opinions about it and I also have great experience, so I do not believe that site is fraud.
www.ysense.com/?rb=95060509
Amen 🙏
💪🔥🔥
@@thomasmary548 You're 37 and you don't have 5 million yet?
*TO YOU READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.*
*ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*
*Risk and time are opposite sides of the same coin, for if there were no tomorrow there would be no risk. Time transforms risk, and the nature of risk is shaped by the time horizon: the future is the playing field.*
*Those who leave early are saved, but the ball is so splendid no one wants to leave while there is still time, so that everyone keeps asking, ‘What time is it? What time is it?’ But none of the clocks have any hands.*
Most people remain poor only because friends and relatives discouraged and advised them against investing and trading forex while the wise ones kept investing and going higher financially.
As a f.o.r.e.x trader it’s almost inevitable that you’re going to experience some ups and down along the way, alertness and decisiveness are both fundamental ingredients in the recipe for a successful f.o.r.e.x trader.
Hello,I’m new to forex trade and i have been making huge losses but i recently see a lot of people earning from it.Can someone pleas tell me what I’m doing wrong.
Wow!!! I am just shocked you mentioned and recommended Mr Walden Carlin trading services,i thought people don’t know them..they are really awesome!
@@maryjaylinda3573 that's true,most people today have been having alot of failures in forex sector because of poor orientalists and bad experts.
List of things I achieve due to ALUX
1. Reading habits
2. Dreaming big
3. Discipline
4. Removing distractions in my life
Thank you too much for all this
Good job my brother human go hard you are the best of yourself
You rocking it brother, I really am trying to like reading but got distracting so easily and let not talk about my discipline haha.
@@ud2181 thank you for appreciation.... It fuels my enthu
@@Lee711Shine it is difficult in starting... Everybody goes through this phase
@@rishabhpathak3171 indian duden??
Never stop dreaming. Be hungry and never stop believing in your dreams. If someone can do it, you can do it. Be strong
Being successful don’t happen by magic
Success is dependent on the action or
steps you take to achieve it. Show me
a man who doesn't have an investment
and I will tell you how soon he'll go broke
Investment is building a safe haven for the
future: with the right choice of investment
that has at least 1% minimum risk and
with an Expert guidance, profit and interest
should be 💯 guaranteed.
@@haywanchiu9971 I agree e with you 💯 .. I had a senior
colleague at work who was doing well but
never had an investment. Unfortunately he
lost his job and went from living a
comfortable life to hardship. There would
had been something to fall back on if he
had an investment
@@haywanchiu9971 NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
@@berryobrain8433 True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best
@@berryobrain8433 crypto trading is one of the profitable investments since i started trading fx with Mr Kelvin Maorgan it's been win win win
“Never spend your money before you have earned it.” -Thomas Jefferson
Trading crypto currency is also nice way to invest your money and savings to enable you change your life for the best.
Crypto trading is a very lucrative way of making money at the moment.
Wow. I've been looking at trading for a while, is crypto the way to go?
Remember some precious metals.
I tried trading Bitcoin once but was confused and got discouraged by the constant rise and fall in price
The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally
You're right ma, thanks for introducing me to expert Brandi J Adams of financial education
Most people don't invest due to ignorance
There are scammers but real brokers are out there for investors
@@ameliariley9013 People are scared of investing because of high rate of scam in the business
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Brandi.
Learning money skills early in life will be greatly beneficial to you, mostly we don’t really pick up on these knowledgeable insights until we reach our 20s.
Exactly. Basic financial skills are the essentials you acquire to help you manage your money, grow your wealth, and ensure you are staying out of debt.
@@benjaminhuth2206 Yeah... This is why I advice younger adults and older adults too to learn more about cryptocurrency and invest in it. It’s a good investment especially now it’s value and demand is high.
@@bryansebastian8073 Yeah you’re right. Cryptocurrency has worked so well for me and I’ve been able to save enough money as I earn from the crypto market.
I do see success stories about people earning from the crypto market. Why is mine different? Why am I always making these losses?🤔
@@tomassantiago5735 This is because you’re doing this on your own. No one has ever excelled in the crypto market by just trading on their own. You require professional guidance.
2=Wealth.Saving.Liability
3=Make tax work for you
4=Learn how to use other people money
5=You need to earn more. Not spend less
6=What are Basis points
7=Know your doller needs
8=Have a retirement plan
9=How to safeguard your money
10=Make money while you sleep
11=Use some sort of rule for your monthly income planning
12=Don't make money your meaning
13=know what to look for in the Ts &Cs- Banking fees
14=Credit card
15=Investment fees
ty man
its been 3 now, how much progress u have made ..? 😅
@@itzs0ulbrahsstarted with zero now achieved 25% towards financial freedom journey in 3 years.
Never co-sign on a loan.
Invest in a good education.
Read more.
Pay off debt ASAP
Be careful who you bring into your life.
Study wealth & investing.
Live below your means.
I'm unemployed 5 years being academic. I invested all my money to the Education. And I'm not living, I'm surviving... Please, read my biography www.alexandramiracle.com. Is it a bad education? Thank you.
@@alexandramiracle7213 .....Invest in GOOOOD education NOT just education. Do you see the difference?
Investing in good education? Lol 😂 all the rich people in this planet never had a good education. They’re all hustlers.
Number 16: find a partner with likewise money habits like you.
This. This right here is it. 👍
Nice one :D
Lets make a platform for that !
never gonna happen, women cant control money
@@pete531 then be with a man
No-one met their partner based on financial compatibility....unfortunately the loins and the heart are in control long before the brain takes control of the wheel....hopefully the car was on the right road all along.
Make money while you sleep, that's the dream baby 😎
It feels good too!
@@brianb7059 It sure does :)
“You can’t beat the market, but you can beat your meat.” - Warren Buffet
Smarter then the rest geeking for likes
😂😂😂😂
This one I learned early in life. Discovered sometime in middle school and has done nothing but wonders for me later in life.
🤣🤣🤣🤣
Honest question, what does it mean? That you can get better at yourself, but you cannot control the market? Thank you
I Map out targets, execute them, spend less and invest more and are always eager to learn new ideas and put them to practice, I can Say that this is my little secret too 💰💰
To normal people: these guys are spammers and trying to fool you by replying from 50+ different accounts. Don't fall for these guys. I am just warning you all. Right now i am one man army, and i need your help to stop spammers like this. Just warn people just like i am warning you right now. You can subscribe or like this comment to show your support (it's optional).
To spammers: Trying to fool people haa??? If you want promote your broker, invest some money in advertising. I won't allow you to fool people like this.
@@civilizedmonster you are right they are all fake comments zero in real
@@Fina556 yeah man. It's my hobby to react to spams like these(copy pasting actually). Sometimes they reply me. It's quite fun.
invest in vivio therapeutic thank me in a year
*_BUDGETING I WOULD SAY WOULD BE THE FIRST MOST IMPORTANT STEP!_*
No
Just don’t waste but spend well and you will get more
@@awaisi5634 that’s what she’s saying
Only spend what is left after saving. Converting that SAVINGS from active income into passive income. 😊 That's what we are teaching in International Marketing Group.
1. Healthcare (If ever you got sick)
2. Life Insurance (If ever you die too soon)
3. Eliminate Debts (You know debts interest monthly and investments is just yearly so better manage this first before having a lot of investments)
4. Emergency Fund ( 3-6 months of your salary)
5. Investments. (direct and indirect stocks)
That's what we called the solid financial foundation. #IMG 🥰
If you’re going through rough times, please don’t give up.
Better times are coming ❤️
I agree with you. Rough times don't last tough people do predictablepossibilities.com is what I listen to, to stay positive.
Thank you
Thanks for the comment
@@Melly16yr10 thanks for your answer
Don’t put all the eggs 🥚 in one baskets 🧺
~Warren Buffet.
I live in Omaha Nebraska where he is from
@@paulodybala9521 how was he?
I loved the last one the most. Thank you Alux for many outstanding works all along.
" But never forget, aluxers, the most valuable asset you have is time. Organize your time effectively. Don't work endlessly. And, make sure you enjoy your days because that's the true value and richness in life."
Alux team
P.S. an appreciation from Thailand :)
Great video Alux. But the most important thing to know about money is that Gold is money and everything else is credit. Don’t let “smart people” , financial advisors and bankers tell you otherwise.
Gold's value is as subjective as anything else. I don't get why goldbugs can't see that.
@@epbrown01 ^ this
@@epbrown01 history
My money skill is picturing this: it's 5years from now.
Bitcoin is at $3M. Nice home. Amazing job. It's Christmas, my kids are asleep. My spouse and I are having a whiskey on the couch. It's snowing outside.
All the Fortune academy classes, All the HODL-ing was worth it. I made it!
$Bitcoin will be at $28k 5 days from now to start with. I can see you are with Mrs Joyce's fortune academy, are you in Atlanta?
@@ortiz9426 I was at Atlanta, Yes I am with Mrs Joyce too. First invested with her, then I joined fortune academy this year.
I invest and trade with Mrs Joyce of fortune academy also, ran at loss trading $XRP back in 2017, then I swapped to btc/eth investment with Mrs Joyce, recovered my loss in 2-3months, I have not swapped back to XRP ever since.
@@ortiz9426 Bitcoin hit $26k.
@@richardsonpat4336 I am a product of Mrs Joyce and fortune academy too. Big family it is, you all making money by the minutes!
1. Nobody got rich from saving money.
2. Wealth, savings, liabilities.
3. Make tax work for you.
4. Learn how to use other people's money.
5. Earn more not spend less.
6. What are the basis points?
7. Know your dollar needs.
8. Have a retirement plan.
9. How to safeguard your money.
10. Make money while you sleep.
11. Use some sort of rule for your monthly income planning.
12. Don't make money your meaning.
13. Know what to look for in the t's & c's - No.1 Banking fees
14. No.2 Credit cards
15. No.3 Investment fees
Bonus - buy life insurance
Wow its already 1:18 midnight in manila
Late post but im still watching
Gertrude Castille cebu here.hope to visit manila soon.
They also have cebu restaurant near my home. Still 9.5 hours before midnight here in Olympia, WA
#10 Make money while you sleep was my grandfather's favorite. Most of us won't get RICH here honestly, but listening to Alux and following a lot of what they say will make even modest people very comfortable financially. Lastly, that's true, the most expensive asset is time. When you reach middle-age you'll realize this concretely.
Tip: avoid buying the cheapest product when shopping
Reason?
@@Dr.freedom i should have written "Be careful buying the cheapest "
@@earthsteward9 that make sense 👍
How can someone dislike a 15 min long video within 6 mins of release...have they watched it till end?
They r already billioners no time to watch full video😅😂
They saw something they didn't like in the first 6 minutes - it's the way of the internet.
I make huge profits on my investment since i started
trading with Ryan Jeffries, her trading strategies are top notch
wow! amazing to see others who trade with Ryan Jeffries,
i'm currently on my 5th trade with her and my portfolio has grown tremendously
This is not the first time i am hearing of Mrs Ryan Jeffries
and her exploits in the trading world but i have no idea how to reach her
As a first time investor I started trading with Mrs Ryan Jeffries with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her
with the consistent weekly profits I'm getting investing with
Mrs Ryan Jeffries there's no doubt, she is the most reliable in the market. such a genius
@@juanyyprnna4766 You can reach her through Telegrm
Completely random fact:
If you started with $0.01 and doubled your money every day, it would take 27 days to become a millionaire.
Indeed! Great math.
Hope people have bought some cryptocurrency and gold for the next stage of world financial collapse.
Yeah they are really profitable RN
Crypto is the feature 🌏
These is the best time to start up an investment in cryptocurrency
@@markrichard4810 it will be a lucrative move to take advantage of crypto now, because it will be very profitable overnight
@@mark-we1jd yeah you gotta see the favourable market rise in Crypto
These skills are very important in the 21st century. Thanks for sharing them.
About twelve years ago, with my then-girlfriend, I went through a minor embarrassing experience.
Our computer broke down, so we had to go and buy a new one. The embarrassing part is we had to split the purchase between her credit card (which had a 500$ limit) and both our bank cards. As we walked out the store with the new PC, I asked her why can't she just raise her credit limit. She said: "No! That's how people lose control, spend more than they have, and spend the rest of their lives in debts." Yeah, ok, I know some people are just big spenders. But I know we aren't. So could we just raise it for the next time we need to buy something expensive? She refused! In her mind, it was inevitable: someone with a large credit limit will automatically become a big spender.
Two years later, after we split. Up to that point in my life, I never had a credit card. Unfortunately, no credit card = no credit history = no way I could ever get a loan for, well, anything. I knew that! So, I went to my bank online, and asked for a credit card. Since it was my first one, the limit was set at $500. My plan was simple: Use it to pay for everything, never charge more than what I earn, and pay it in full before the end of the month. Soon, my bank offered to raise my credit limit to $1 000. I accepted. Then it was $2 000, $5 000, $7 500, $10 000, etc. I accepted each time. But it never influenced me to become a big spender. I keep putting it back to zero before the end of the month.
About 6 years ago, many bad things happened at once, and I had to put about $6 000 on my card. By then, I had a good credit record. So, the bank made me an offer: A $10 000 bank credit at 3,5% interest. "Your credit card charges 19.9% interest. So, take our $10 000, use it to clear your credit card, and pay us back at a 3.5% rate instead." Which I did.
Today, I am still poor. (Kids support for 4 children does that to you) But at the same time, the limit on my credit card is so high I could use it to buy a new car. Which I won't. But now, I am secure in the fact that I am covered, no matter what financial catastrophe happens. Also, with all the reward points programs that comes with it, I get $100-$200 back every year. And I have a great credit history, something very important in that day and age.
I am now free of child support. So, once I figure out how to make money, I know I'll be able to handle it properly to make sure it's value grows.
So, yeah, that basic money skill (rise the credit limit but never use it) changed the game for me, for it prevented me to become homeless 6 years ago.
Did Elizabeth Warren come up with the 50/30/20 rule?
Just curious why the rule is being attributed to her specifically
Yes she mentions it in her book
Needed this video today 🙏🏻 Also I strive to never retire, like my grandfather, who worked until his very last day because he loved what he did.
Hello, I was in the comment section when i came across yours and I was thrilled to say Hello to you..
*"This **14:42** minutes video is better than my 4 years BS Business Administration course in college. Damn!*
I utilize all things mentioned in this and it's all factual! Great video 👌🏽
3:36 Here an example how I made my first 16k work for me. I have a car which was paid off and still had value but each day its was losing value so I used my car as collateral for personal loan to re-invest the loan all in 12/2018 to TSLA and still planning to wait out the 72 month on this loan. All I can say I don’t regret one bit the personal loan cause now its about 8 time its value.
A bit risky.....but a gutsy move! #salute
As I get older, I realize the MOST IMPORTANT COMMODITY IN THE WORLD IS TIME!! Life is itself is a BIG CATCH 22 : You need time to make money but you also need time to enjoy life but then you can't enjoy life without money.
Thank you for helping others learn about personal finances. I really hope they start teaching that subject in high school
First of all, the lobbyists for the banking industry will try their hardest to not let that happen. The banks like to keep people financially illiterate.
Second, having the knowledge is one thing, but having the discipline to utilize that knowledge is quite another.
When I was working in an investment bank, in our division (12-15 people), all of us have a finance degree or other business-related degrees and more than half of us have MBA; so all of us know a thing or two about personal finance . But yet, a few of us were still living paycheck to paycheck; even though, each of us was making between $200,000 - $800,000 (salary + bonus)/year. If you are living above your means, then you are going to still be broke, regardless of how much money you bring in.
Is this Sunday or what ?? 😅 Because this is like Sunday Motivational Video 🔥
People who dislike this kind of content, probably they are broke.
They are broke!
There is no need to pay a banking fee--ever. I've had my bank accounts free at Charles Schwab for 20 years. No minimum balance for my interest checking account, no monthly fee. Fidelity has the same deal, plus they have a 2% rebate Visa that deposits the rebate monthly into my brokerage account. You can have the 2% deposited to your kid's 529, instead, if you like. Self-made, I left NY at 14 and started out on my own as a bus boy in SF with $200 in my pocket. Be Frugal, invest, learn how stocks work, develop lifetime habits that keep your money at a distance from one of its worst enemies--you. Do not ever take on consumer debt or borrow to buy assets that will depreciate. Debt enslaves. Do not give in to the brainwashing that advertising pushes. You only want the stuff because they tell you you do. Do not voraciously consume. Value experiences, especially with family, over stuff. Buy your cars as lease returns--for cash. I'm on my third car of my life. A 2011 328i, stick. Fun to drive. Bought it as a lease return, still under warranty, for $21K. It's still pristine but blue books for less than $5K. Keep them until they won't go anymore. Become your own financial advisor. Plan your income tax strategy the year before. Read JK Lasser annually. No one can have your financial best interests in mind better than you do. I watch the market, read The Journal (and many other pubs) every day. I worked at a stock brokerage firm in my 20s just long enough to pass the Series 7, get my stockbroker license, and FA designation so I could manage my own money professionally for life, then I went back to working in tech. Spend time with your kids. Your time is the most valuable thing you can give anyone. Become intimate with the 8th wonder of the world--compounded rate of return. Sit down with your children and create a spreadsheet that shows them how it works, and demonstrates how the difference between starting to invest at 23 vs 30 is the difference between retiring with $2M vs $4M. Pay more for quality but always negotiate for the best price. Get a job that has you travel so you can accumulate miles/points. Build up your points and miles with credit cards. Churn cards for bonus miles. My kids are grown now and as little ones they always flew with me in first class on family trips at least once per year, but I never paid money for the first class seats nor the hotel upgrades. The whole time they both were at UC (no student loans) we never paid for a flight to visit them nor bring them home during breaks. Pennies turn into dollars, dollars turn into wealth, and if you're doing that right it'll become a game that you'll enjoy along the way.
Investment are stepping stones for success. Waiting for the government to provide is a big waste
Well said investing is good but investing in the right thing is the actual key to success.
Investing in Bitcoin is another way of ensuring steady cash flow, I've been earning every week for a year now.
Is about ten months now I started investing with Christine Morgan and it's been a good experience all through....
It feels good to know that we still have trustworthy people like ma'am Christine Morgan, I'm very delighted I was transformed through her platform God bless her abundantly
Never doubt christine Morgan she has brought me out of wrenches and to a better living option and I encourage newbies to trade with her
Listen to Dave Ramsey and follow everything he says
Dave Ramsey and a Mechanical Engineering Degree turned me into a debt free millionaire before I was 40
Dave Ramsey has some solid advice for getting out of debt. What did you change about your budget/lifestyle to become a millionaire before turning 40?
Most import of all: Learn to Budget!
Great insight about money. I would like to add one.
‘Compound interest is the eight wonder of the world. He who understands it, earns it; he who doesn’t, pays it’- Sir Albert Einstein. So, start investing as early as you can.
If you live below your means and invest the rest for the long run, you will end up wealthy! It's not complicated!
Alux is an A1. Wealth management advisor .👍👍 Budgeting , investing ideas.
I am unable to fully express my gratitude for this information
Ephesians 6:13
Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.
I SEE MONEY I SEE ALUX...
I CLICK
The wise sees economic crisis as a garage sale. Currently I'm 37yrs old with a goal to have $5M net worth in 5 years, I understand that the only thing we can't get back in life is TIME. I want to be Time Rich . I'm 1/5 of the way there. I know I'm going to make it with discipline, I'm a financial developer and live well below my means. No house payment ever again! If you're curious on how to get your life on track, from my experience the best thing that has tripled my net worth in one year was my fiduciary financial advisor Expert Ethan Jerry. You can use something else, it just takes a clear vision and discipline. Avoid debt cut costs to be Time Rich! Maybe one day I will own that business I have always dreamed of and also enjoy my family life ever more. You can reach Expert Ethan on Whatsapp ☎️
+1....661........293........7630
Repent, trust, and believe in Jesus and be saved. Money comes and goes but life past the grave is forever.
Who else looking at this but still broke and not doing any of this
With that mindset you will be forever broke.
@@Vickvineager don't make me cry :(
Health insurance? Who's proofreading the script here? 14:01 Don't you mean life insurance?
Where’s the guy with the complete list, never knew I’ll miss him in the comments section
Haha me too. Must watch now the whole video.😃
Hahahahaha hahha me tooo
This is normal, good advice for the most part. I must be the only low wage earner who wants to pay taxes, I swear. When you have to walk or ride a bicycle, potholes and other issues are annoying while we go to the public library. Many of us, not to be rude or degrade our class or whatever, are just going to blow our return.. You get "so excited." :(
so sexy in wide screen tv
going to enjoy this. thanks allux, feels like its been a loooooong "time"
Pls made a vdo on future billion dollar industryies. Love💙
i like the video until liz warren was given credit for financial prosperity...
Thank you for this information 💪🏾
16. Don't simp it away
for alux they are buying the things what rich people own as in any 15 alux videos because nobody gets rich from saving money
I LOVE this! Thank you Alux. Most of this stuff I never knew and I am happy to learn them. I'm now an Alux student. Most of my friends listen to pop songs, always checking the latest fashion or gossip but I'm always on your channel looking for financial literacy. I've got a notebook where I'm constantly taking notes on money. This will pay off for me one day and I'm pretty sure I'll thank you in a big way!
Create Multi Source of Income NOT multi jobs is a must to stay RICH 🌟💵👑
Woot! Woot!
#6. (4:40) "earn more" come to South fking Florida. That's why there are a lot of "Robinhoods" here (people conning rich people) i understand them but I don't condone them.
Being careful of the company I keep. Also staying out of debt and consistancy in investing. I would add not spending money on things that bring you little to no value.
Financial Freedom 💰
Regarding #13. Not once, was "deal with cash", mentioned. Cash costs you, nor a business nothing to use. It beats getting nickel and dimed, by the banks. Why should trying to spend money, cost you money?
To The Early People who Reading this comment may there Parent's live more than a 💯 Year's ❤️🙂
OMG Alux Commented on my Newest Video iam Shaking🤯
Great Ideas for Young Generation shut up
Thank you for sharing your experience and ideas, we teach future millionaires to cook at their yatchs.
Life insurance is a topic that’s so under valued . I inherited a death benefit . Also just applied for 1million dollars in coverage (age 26 no kids no wife ) thinking long term
Nice watching from Nagaland chakhesang
Gold is money everything else is debt.
That's all you need to know
yuppppppppp, money value is literally gold
4. Learnnhow to use other peoples money
I asked my colleague to pay electric bill for me and i hand out him a $100 bill. He ended up betting it in card game and after 4 hours he came back and told me he gambled it to make it grow but he lost all my money.
some people are so poor all they have is money"
The amount of time we spend believing we
can't is more than enough time to learn how you can.
Am definitely stealing this, you are genius.💯
You are absolutely right
Assets and investment is that tiny line that separates the rich from the poor.
about investment, Bitcoin is the future and with the help of a professional trader you can touch the skies.
Excellent video. How about finance money for monthly compound interest at 24% ? Is it good way of return to increase the wealth. Thanks 🙏
live money to kids? No, they can make it themselfes
Thanks Alux.. I've learnt something new today. BASIS POINTS.
I love Alux!! They inspired my sci-fi/futurist channel!!
So much value right here. 🔥
*How many millionaires do you know who have become wealthy by investing in savings accounts?*
*- Robert G Allen*
A good reminder to everyone in the world😃
Hello alux lady
Have a good day
WLMT👍👍
I lost 6700$ in live trade please what should I do
Yeah thats right I keep loosing tho till I got hooked up with my e x p ert
Well I'll give some tips on how you can become a successful trader.. Develop a trading plan and always adhere to it. Set stop-losses for every trade. ... Don't risk more than 2% of your margin per single trade...
@@morrisondavid5707 that's nice , are you a trader?
@@morrisondavid5707 Are you there ? I really need help ..
@@anntonop8029 Am not really a trader..am just an investor with open mind to investment opportunities...although I trade with an expert tho..
I love talking about money. Nice vid!
Binary options are the ways to make money with money but it’s known to be a scam..... Do your research thoroughly either it offers you in instagram or WhatsApp
Can you make a video about that? It would help bring into the light and spread awareness of the names and it’s content to join or to avoid.....
This Pandemic.. I saved more money than before.. No shopping and dine in .. save. Save..!!!
0:42 The Breaking Bad picture had me laughing SO hard XD
I pray whoever reads this becomes successful
I'm switching from Allstate to State Farm. The savings equals $50/month which I can invest. My insurance business is growing. Insurance when it renews, pays the benefits counselor/sales person. For the rest of my life, as long as my customers renew, I'm set. Some agents bring home $1 million annually on their renewals. Negotiating debt has worked wonders for me. E.G. every other year I find out who can insure me for less money. Switching to 0% interest cards has helped as well.
Once you take ownership of your life and you’re mindset the money starts pouring in.
You would think it be the other way around 50% in needs 30% in investments and then 20% in wants
To build wealth, try 50% investments, 30% needs, and 20% wants. It’ll be tough and you will have to live below your means but over time it’ll pay off.
Sometimes i wonder how people get rich at these days.
"WHO ELSE HAS BEEN A FAN BEFORE OCTOBER??"🎃
Read my name.
If investments are wants and they should be...the balance between them should be equal.Intakenit tonforty fifty on needs and 25:25 on wants,savings and investments
2:33 “Minus” is not a verb. The word you want is “subtract.” It’s hard to take you seriously when you use words incorrectly like that, and there are examples of this in just about every video you put out.
6:00 Minecraft?
Love your channel, you guys provide a lot of value! Thank you for hard work!
The name of a book I read 30 years ago escapes me however the exercise was LIFE CHANGING! They said to get a pocket size notebook (Sir Richard Branson still uses one!) and record EVERY item or service I spent money on for a MONTH! EYE OPENING!
With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future. Crypto is the future
EXACTLY.....Starting early in stock and Crypto marketing is the best way of getting ahead to build wealth, and investing I believe Should remain a top priority to everyone.
Indeed it is, digitization of all things is the future. Check out our latest on money lessons:
ua-cam.com/video/XV14FQ1iCiQ/v-deo.html
It's a pity that most people out there are struggling through intense hardship and have ignored bitcoin, where as Bitcoin can uplift your financial status.
Yeap, it's all about a little literacy and timing your investments right. Check out our latest, Levies. It's about Money Skills:
ua-cam.com/video/XV14FQ1iCiQ/v-deo.html
Big saving 100.000 Euro and up on a bank in the Netherlands cost money.
It's crazy !
All assets in the Netherlands 100.000 Euro or more will get taxed by 4% a year !!!
Big multinationals in the Netherlands almost don't pay tax
All madness 😕