Only 1% of People Know These 3 Money Rules | How To Be Good With Your Money
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- Опубліковано 9 лют 2020
- 3 money rules that will ensure you are good with your money!
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DISCLAIMERS: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
This channel is monetized via UA-cam ads as well as some affiliate links. If a purchase is made after clicking the link, I will receive a small commission at no extra charge to the buyer. Thank you all for watching!
When I was in High School, a friend started pushing the broom with the janitors. he lucked into a job there at age 17, under the "early bird program" (work half a day, go to high school half a day). I also got two degrees, because I wanted to earn more money then a janitor. Much to my shock, it took me 17 years to make more then he made. Turns out, I had very little understanding of what he actually did. he actually took courses, to learn how things in the building work. But, after 17 years, I was at a party with him, and was excited to tell him I was finally making more them him, thus life was finally fair. He told me he could retire in 3 years, with 20 years of experience.
Great.🥰
1) Don't Sell Time, Sell Value
2) Learn to work people
3) Leverage power of technology to your advantage
Great ideas
How can you sell value when your on lockdown? Lol
@@maddytcb6072 nothing impossible in this beautiful world..
@ Maddy PRESLEY. UA-cam, of course. I'm watching it . That means I'm the poor relation 🤣🤣🤣🤣
Sounds like a production line in china.
Good luck to everyone who is watching/watched this video!
Same to you!!
Heart ♥️
A quote that is in the last few minutes of the video, “ grabbed my attention “. And I quote,” if you want to go FAST,” go alone “; if you want to go FAR, “ go together “! Epic!!!!!!
Translation: few truly go anywhere without the help of others.
🥰❤👌
Most people are not trained for self value.
Don't sell time, sell value.
(A man's gift makes room for him.).
Excellent work from you betterment boss.
The mainstream teaches us to work most of our life for a pot of gold at the end of a rainbow. i.e. Financial Advisor: "You need 2 million dollars before you can retire". You:" I'll need to work and invest for 30 years." This way of thinking benefits certain entities. Think passive income, not pot of gold. It will allow you to retire a lot earlier and simultaneously grow a pot of gold
(if you plan and spend correctly).
Well this does a good job of explaining phase 1 - Making money but as my book says "making money is easy keeping it is the hard part" because once you have it everybody else wants to take it from you starting with the government. This brings in that group he was talking about the other experts to help you along the way. Good luck to all.
Separate want from need. Most things you don't need.
Live below your means. Save the rest or invest it. 75 to 80% of your means is a good start. Don't get in the habit of living on all or more than you make. Investing 15 to 25%is a good start.
Separate saving from investing. Save for cars, houses, education. Invest for your future. Start investing early in stocks you are happy to own cull the rest. Dividends.
Few professionals can ever sell enough of their time to become rich. Only a few people at the top of the heap become rich with just a job.
Big companies pay big money and some can become comfortably well off as an employee there. However you never know if you will last.
Selling people time can make money and so can selling things but selling both at the same time makes the most money.
Always be nice and stay away from people who are toxic.
Work hard, long and smart. It is better if you love what you do.
Three rules of money
1 don’t hoard it
2 save and invest it for a cause, a purpose
3 don’t trust in it
😂 love it when there is a new video! thx!
selling time for money will only take a miracle to make you rich even as an indispensable employee
Impossible at least you are a CEO of a S&P 500 company!
#1 rule before considering any of this is to never get married or get tied up into LTRs.
Microsoft was never a single person but was cofounded by two persons: Bill Gates and Paul Allen.
Nive video as always. I like rule nr.1 very much
Provide value and money will follow.
Awesome content pal 👍👍
PEOPLE WHO WATCH THIS VIDEO UNDERSTANDS THE CONCEPT AND END UP CRIBBING THEIR BOSS EVERYDAY AT OFFICE AS USUAL...
I am watching this video and I am building a harp business. My current employment is an opportunity to make connections for people to buy my harps. Its about perspective....what do you see?
Love this Channel
Great video!
Best video yet!
Amazing video. The animations look soo cool. What software do you use?
WOW! I really appreciate this information It has changed some of my views of working and thinking. Thanks.
Thank you .
Brilliant stuff 👍🏾👍🏾
U r gem of a person. Thanks for the valuable advice
Very useful.
you made a fantastic video
Hi it's good 😊 but if u add English subtitles it's very helpful 🇮🇳
Boss move
Googled: To be considered “rich,” Americans say you need a net worth of at least $2.3 million.Jul 19, 2019
A older guy said to me you'll never get rich using your own money he said opm...... other people money 🤑💰
how did you create this animated videos nice soo much..
Boss!!!
BOSS!
Now i know this too.
Most people are not trained to sell value or to sell anything. Interesting but true.
BOSS !!!!!!
Maybe these don't apply for certain 'instant' wealth individuals like athletes or lucky entrepreneurs but most people who have normal wealth aquire it from a lifetime living by these rules. And almost all millionaires are normal people with 9-5 jobs who saved and invested over the long haul
Late capitalism is predicated on drastically underpaying labor, to make the kind of hyper-profits that will satisfy their stockholders. Short of labor overthrowing the rule of capital the only way to be sure of a secure retirement is having at least a half dozen income streams and using compound interest to "snowball" those earnings.
Boss!
I want to be Rich
you lost me when you mentioned Bill Gate's ambition to help 3rd world countries, why didn't he turn his focus on helping the country that made it possible for him to gain his wealth prior to shifting his attention?
Please note that your examples of rich people are misinformed and immediately put me off the content. Please research your quoted individuals more intensely, before you use them. BG did not get rich through tech knowledge, does not in any manner fund clean water and vaccines through altruistic feelings of philantrophy and definitely is not the poster child that people should strive to be.
Please note that I do not oppose Musk's business savvy and expertise and believe that he could be a rather decent example.
Therefore, I do not challenge or oppose all your examples, but I do have some serious issues with others and BG is not the only one. PS! I have watched several of your videos and enjoy them, save for the examples used.
agreed!
@@ajohn502 GOT TO second that. That speccy little wretch is wanted in India and various African nations for his untested vaccines which have caused horrendous damage.
This was one of the most informative videos I have watched in a long time thanks for posting
So cool video. How do you create these animations man, so fun.
Isn't Bezos the richest? Just wanna be debt free that's all. Realizing i need to quit my job soon and make more on my business.
So, as you grow out of debt.....you need to have a plan for financial growth.....that the trick.....
@@carmenfreeman693 glad i never quit my job. I'm getting so much perks with a 10% increase working as an essential now. Thank God i kept my job through this pandemic.
@@maddytcb6072 Jobs are an opportunity to learn a new skill and learn from different people. Sometimes you work for other people or you work to become an entrepreneur and people work for you. It's growth and opportunity for the next assignment wherever life takes you. 😊
This video is kind of vague and the tips or instructions can't be done, or just don't work for 99% of people. Maybe that's why only 1% of people get it. It sounds like it is presented by the 1%. But hey, good for you man. Your computer/internet knowledge and revenue you get from your UA-cam channel seems like it's paying dividends for you.
Getting rich. Having rad houses. Going on cool vacations. Driving nice cars. Sounds like an 18 year old wet dream, which often leads to desperate acts of gambling-like behavior where many fail. There is a reason why lots of people follow the safe path. It works.
Be clear and specific. If you want to be smarter with your money, you have to know what you want to accomplish with it
Seen this lot if times
💲
Ok how about a self employed person? How can we go about getting the most money for our time?
DIGITAL JANITORIAL
6
🍀Watched this video for the first time today. Thanks for sharing! Great information.
Wow
BOSS
someday i will be a Boss🙏🙏🙏
Being a boss is not always what it seems good luck
How about flipping burgers?
Most who become rich do so by being an employee. Nothing dramatic.
@@bettermentboss This is true look up every day millionaire
He who knows how to or is willing to, manipulative, steal lie, deceive, practice complex denial will end up with the most toys, or money. Good luck kids!
Wie niet steelt of erft, moet werken tot hij sterft.
Boss
MINDSET SCARCITY OR ABUNDANCE
How can i write you an email?
Betterment Boss could not find it..
Boss🤣🤣
A
9 to 5 job won’t make you rich!
it is true.
Exploiting people make you rich.
When you wake up you may find the wealthy subjects you showcase in your presentation made the bulk of their money nefariously. Insider trading, money laundering, human trafficking, arms and drug smuggling. These individuals have what is called 'new money' as opposed to inherited wealth. The fortunes they possess cannot be legally earned in so short a time.
HUNGER IS A GREAT SAUCE.
Money is not wealth. Products and activities that support life are wealth. Developing a product's value creates wealth. Buyers and sellers trade/barter (agree on value equality) and they determine product value. Money is a convenience to barter unrelated products for other products. Excessive currency volume in circulation inflates prices and does not change the intrinsic value of goods and services (products). But it does confuse those who view money as wealth. They think that because they handle more money or debt they have wealth. Thieving political leaders thrive on the mistaken concept that all leaders have their supporter’s well-being as a priority. Political leaders do not create products but can enable or disable those who do and can take advantage. Government overreach is inhibiting the ability of those who actually do the work of supporting a financial life. Remember the Creator is in control and not these demons. Activities that are in harmony with the Creator’s principals support a wealthy life.
I spent four years of my life earning a piece of paper that celebrated my new $54k of student loan debt. That piece of paper did not mean I was guaranteed a great paying job. It only guaranteed I'd be in $54k debt.
Now pay it back lol
It's motivation depending on how you look at it... pay it back as soon as possible... work 3 jobs if you have to
I can tell you from knowing and meeting numerous millionaires, this idea the video creator has that rich people are actually more generous is false. You've shown ONE example and a person who did something good after being a Billionaire. And used a small fraction of his wealth at that point.
I have seen far more generosity from people who are in the lower and middle class than I ever have from people very well off or rich. However, rich people THINK they are generous. They think YOU are lucky THEY gave you a job, because YOU would have nothing without them. Rather than being grateful they have people who are willing to work hard to make them money. I was raised in a working class family and town, I am a multi-millionaire myself now. I can tell you that the more rich people I have been exposed to the more interestingly disgusted I am by a lot of them (not all of them).
So sorry, not buying this idea that rich are generous. They use people but SEE it as them being generous. It's a sick mentality.
@@bettermentboss - Well of course you do, you created the video and expressed your view within it. But to truly understand where that view is coming from, I would have to ask what your background is? If you grew up wealthy, you were not only taught differently about money, but raised to think a certain way that is different than the working class and middle class.
The rich people I know who think they are generous when they are not, I truly don't think realize what they lack in substance. They often look down on lower classes without even realizing they do it. I just have an advantage and view from being exposed to both, which not a lot of people do.
So other than the ONE example you listed (and I could likely state some things Elon Musk did as a second), can you give some real life examples of how rich people are truly generous?
+u
NO COMPETITION ONLY COLLECTIVE COOPERATION
PIXELATION
Now you make videos.
Qiiq q
I need help too for my channel please.
@@bettermentboss Thank you
A lot of waffle in this video. Could be cut down to about 4 minutes.
BO$$
Another tip STAY OUT of trouble, and ILLEGAL drugs, it will cost you dearly, lawyers will suck you dry, also marry the right partner, they can take a big bite from your hard earned money.
Rich yet?
@@bettermentboss I've seen your channel growing over the last months. But I 'm wondering if your channel is already big enough so that you can live solely from the UA-cam ad income?
@@bettermentboss Does one of them still include working for a boss? Or did you cut out that route completely?
@@bettermentboss So you mean the income from UA-cam ads on itself is already more than USD 1,500 a month? I'm considering making a UA-cam channel to stop working for a boss, but I want to have an idea of how realistic that is when you start from scratch to reach that level. Because I'm sure it must take a lot of your time to learn to make them and then to edit them?
@@bettermentboss so happy for you!
As usual, this video means well, but imparts very flawed advice and information. There are many ways to reach a goal. One person's method has little applicability to most other people. The way I achieved wealth directly broke a few of the "Rules" provided here.
Is being rich your only measure of success? If so, how sad for you...
Sorry bill gates isn’t the richest man?
EAT LESS.
All those degrees and no money to start a UA-cam channel? And your a CPA? This video is alot of fast talking nonsense.
And that's how he helped let covid go into the world
I understand getting ripped off,not overtime barrow against,my sanity,but it worked.circus.Poe
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:)
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