I became a millionaire by paying myself first. I always invested 10%. of every paycheck first before I paid any bills. I invested 10% first, learned to live on 90%. It doesn't have to be complicated. Baby step 7 here.
I’m a manager at an Amazon warehouse and see a lot of people in their 60s or 70s many of whom look miserable. I work hard and intentionally save so I don’t end up like one of those people.
interesting how those who say work is great are under 55 and healthy......I've worked hard since I was a child on the family farm, but now, at 63, I don't want to work anymore. I want to enjoy life.....and I do !!
Those with easier jobs sometimes don’t mind working until they are super old. But others don’t want that. Also many places age you out at a certain point. I like Ken but he’s a little out of touch with that part of working. I do agree keep doing something like volunteering though.
retiring with a million is very similar to maintaining weight loss over a period of years. The word no figures in. Different habits, different mind set. Eating donuts in the morning sets you up to be hungry and tired all day.
A great video Ken. But saving and investing is just not sexy or cool. People are always looking over their neighbor's fences. My wife and I have been saving for decades and have a paid-off house with millions saved. Anyone can do it. But you're not going to get there if you don't start today. Happy new year!
It’s easy to work as long as you want if you’re self-employed. Most people, who work for a person or company would probably ushered out by their 60s or 70s in whatever way (retirement package offer, etc)…
Good lord decades saving to buy that dream corvette 😂 you can’t get in or out at that age I remember Dave telling people to sell there rentals to pay off their primary house if I’ve listened to that terrible advice my net worth would’ve been at least 2 million less now 😂
I became a millionaire by paying myself first. I always invested 10%. of every paycheck first before I paid any bills. I invested 10% first, learned to live on 90%. It doesn't have to be complicated. Baby step 7 here.
You must be really proud of yourself.
In your 401 or Roth Ira?
I’m a manager at an Amazon warehouse and see a lot of people in their 60s or 70s many of whom look miserable. I work hard and intentionally save so I don’t end up like one of those people.
interesting how those who say work is great are under 55 and healthy......I've worked hard since I was a child on the family farm, but now, at 63, I don't want to work anymore. I want to enjoy life.....and I do !!
Thank you, Ken, for this much-needed message. The world needs to hear more of this 👍🙏
I'm tired of absolutely depriving myself and still not even "average."
Those with easier jobs sometimes don’t mind working until they are super old. But others don’t want that. Also many places age you out at a certain point. I like Ken but he’s a little out of touch with that part of working. I do agree keep doing something like volunteering though.
retiring with a million is very similar to maintaining weight loss over a period of years. The word no figures in. Different habits, different mind set. Eating donuts in the morning sets you up to be hungry and tired all day.
6:23 the list acually starts
Thank you. I hate when they drag a’’.
this is his great advice - birds of a feather flock together ?
A great video Ken. But saving and investing is just not sexy or cool. People are always looking over their neighbor's fences. My wife and I have been saving for decades and have a paid-off house with millions saved. Anyone can do it. But you're not going to get there if you don't start today. Happy new year!
It’s simple
It’s not hard to have 2 million
The difference is most people want 2 million tomorrow
So true. $2M can be done but takes most people 25-35 years.
Do without today so you can do it tomorrow!
Most people don’t actually want $2M, they want to spend $2M. And that’s the problem.
lol, don’t tell the fools, let them work till 95.
I agree with all of this. I just need to avoid doughnuts now.
Rumor has it that you can actually read off your phone screen.
It’s easy to work as long as you want if you’re self-employed. Most people, who work for a person or company would probably ushered out by their 60s or 70s in whatever way (retirement package offer, etc)…
I bet George put the donuts out trying to sabotage people
LOL
Good lord decades saving to buy that dream corvette 😂 you can’t get in or out at that age I remember Dave telling people to sell there rentals to pay off their primary house if I’ve listened to that terrible advice my net worth would’ve been at least 2 million less now 😂
About 70% of what Dave says is good financial advice.
🙏 thank you!!! lol that donut example is me too 😂🫡 2025~ let’s goooo 🎉 discipline will be my new word for this yr!!