What's Really Hindering Your Financial Freedom | Mikey Manghum | TEDxUTulsa

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  • Опубліковано 31 гру 2024

КОМЕНТАРІ • 74

  • @tahirisaid2693
    @tahirisaid2693 5 місяців тому +170

    My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.

    • @tahirisaid2693
      @tahirisaid2693 5 місяців тому +1

      Varied sources of income is wise and especially living within your means. My net worth is over $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

    • @SherillTellington
      @SherillTellington 5 місяців тому +1

      This intrigues me. I've looked up financial advisors online, but finding one to connect with is a bit difficult. Do you mind if I ask for your recommendation?

    • @SherillTellington
      @SherillTellington 5 місяців тому

      Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

    • @mychung5208
      @mychung5208 4 місяці тому

      🎉 congratulation!

    • @navigateyou
      @navigateyou 4 місяці тому

      ⁠​⁠@@SherillTellington
      Same thing here, it’s hard to connect with all the financial gurus
      Have you made any advances since then
      @tahiri it’s inspiring to see someone who’s not one talk about it’s attainability
      Congratulations 🎉

  • @Wade453
    @Wade453 3 місяці тому +163

    For me, emotional investing and impulsive decisions has really been the hinderance to my financial freedom

    • @DiegoVelasquez-r3x
      @DiegoVelasquez-r3x 3 місяці тому

      I totally relate. Emotional investing has cost me a lot in the past

    • @LilianScott-dy5nz
      @LilianScott-dy5nz 3 місяці тому

      It’s so hard to separate emotions from investing, but it’s crucial

    • @JasonAmir-qo4uo
      @JasonAmir-qo4uo 3 місяці тому

      I’ve started using a rules based approach to help me stay disciplined

    • @ThomasColt
      @ThomasColt 3 місяці тому

      That’s a great idea. Automation can also help reduces emotional decisions

    • @TheDuke792
      @TheDuke792 3 місяці тому

      I’ve been working on my financial literacy to make more informed decisions

  • @RickLuchini
    @RickLuchini Рік тому +15

    Great insights. Education is KEY. That can be difficult with so many salespeople dressing up and pretending to give financial advice as a veil to sell products.

  • @eduardofangueiro4066
    @eduardofangueiro4066 10 місяців тому +12

    So the objective is not financial freedom but purpose in life. To have that purpose you need to understand yourself and what should motivate you to achive that goal/purpose. In my case it's family, love and a "boring life" full of meaning beyond financial issues. Therefore, to achive the goal I need to focus on financial stability and providing for my own. I don't need passive income, I need a work that provides me with some freedom, objectives and independence to help those around me. Success is not pupose, happyness is not purpose. Purpose is the result of the journey to thrive to achive and be humble enough to know we can never meet all goals, that we are human and there's so much we can control. It's being good at everything and not the best at one thing. It's beliving we have always something to learn and that the best in life comes from the ones you don't control.

    • @therealfreemanx
      @therealfreemanx 7 місяців тому +2

      You are right while being wrong at the same time. Who says that you can't build passive income while doing something meaningful? There is nothing wrong with working a job, but you should see it as a stepping stone and a means to an end.

  • @MichaelRemar-j4n
    @MichaelRemar-j4n 25 днів тому +11

    One of the most impressive aspects of Michael Hugh Terpin trading prowess is his keen understanding of market dynamics. He possesses a deep knowledge of various cryptocurrencies, their underlying technologies, and the broader economic factors influencing their value. This comprehensive understanding enables him to make well-informed investment decisions that consistently yield positive returns.

    • @teresabale9070
      @teresabale9070 25 днів тому

      Few years back it was really difficult for me and I was living from paycheck to paycheck, working more than 45 hours a week. I also got into real Estate but I was not successful but just heard of Michael Hugh Terpin through comments and I gave him a try then boom. today I'm a living comfortably and have lots of money saved up.

    • @teresabale9070
      @teresabale9070 25 днів тому

      He is actively on telegrams always

    • @teresabale9070
      @teresabale9070 25 днів тому

      *@michaeltpintrades*

    • @josefyuri171
      @josefyuri171 25 днів тому

      Bullish or bearish, Al stocks will still dominate 2024, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other Al companies. I know someone who has made more than 200% from NVIDIA. I'l also take these other recommendations you made.

    • @berryracheal704
      @berryracheal704 25 днів тому

      I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

  • @DiaryOfALesbianGamer
    @DiaryOfALesbianGamer Рік тому +9

    0:11 👀 depends on how you look at it. (Perspective)
    1:48 🤔 How did we get here and how did we become who we are? (Understanding your story)
    5:59 scarcity mindset 🙊. Short term focus.
    8:40 📝 write down experiences around money? What your thoughts on debt and investment? Go back and put a + or -.
    11:04 Build a purpose and a vision. Find a deeper why we need financial goal.

    • @theinttheintwin8139
      @theinttheintwin8139 6 місяців тому +1

      ❤❤❤

    • @HoldupIGotalotosay
      @HoldupIGotalotosay 6 місяців тому

      I dont neccesarily have a scarcity mindset i just have some experiences that have effected my look at money just need to talk to someone about them whether that be a friend family member or money coach or financial therapist.

  • @nycholasburns5631
    @nycholasburns5631 10 місяців тому +3

    Mikey crushed that! Great talk.

  • @KlineclerkClerk
    @KlineclerkClerk 11 місяців тому +5

    Let's talk about success:* Firstly the journey won't be easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to achieve that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

  • @SamiraWelchREI
    @SamiraWelchREI 4 місяці тому +1

    I can’t thank you enough for your financial tips. They’ve given me a clearer path to achieving my goals.

  • @princessp1361
    @princessp1361 10 місяців тому

    Very educational I'm here for it always wanted better in my life for me and my family 💞 for years I been thinking like this great speech Mikey from UK

  • @KiyosakiSays
    @KiyosakiSays Рік тому +100

    “To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis.” - Robert Kiyosaki

    • @thomasbarker6443
      @thomasbarker6443 Рік тому

      UA-cam has been of great help to many facing challenges of making best financial decisions, I have racked up in profits $458,405 from $185k capital in February to be exact on my portfolio, after i watched a news interview on where "Lidia Joann Morris" featured during an IPO and spoke proficiently, caught her name and did a web search on her

  • @JenniferAlbert-t4f
    @JenniferAlbert-t4f 11 місяців тому +3

    Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor. Good luck!

  • @MovieManiaAwesome
    @MovieManiaAwesome Рік тому +2

    Thank you so much
    You changed my life

  • @MotivateEveryday_Official
    @MotivateEveryday_Official 11 місяців тому +1

    Thanks ❤‍🔥

  • @PetraTicháQ
    @PetraTicháQ 3 місяці тому

    His perspective on mindset and daily habits really hit home. It’s not just about making more money but breaking down the personal and societal limitations we set for ourselves. Do you agree that these are the biggest obstacles, or do you think external factors play a larger role?

  • @gustavodc3684
    @gustavodc3684 Рік тому +1

    Thanks ❤

  • @rebeccalentoor6041
    @rebeccalentoor6041 Рік тому +1

    Thanx❤

  • @INTER.NET_TONY
    @INTER.NET_TONY 11 місяців тому +2

    It's simple Generate

  • @SorplusBambi
    @SorplusBambi 11 місяців тому +1

    I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.

  • @armandocastillorodriguez1731
    @armandocastillorodriguez1731 Рік тому +3

    TEDx son unos buenos chicos

  • @nompilomvusi2010
    @nompilomvusi2010 7 місяців тому

    Informative

    • @chrisd6736
      @chrisd6736 6 місяців тому

      Seriously though what specific info did you get from this talk?

  • @thelostgeneration2000
    @thelostgeneration2000 Рік тому +2

    Капитан очевидность курит в стороне

  • @MutualfundsahiHainbutkaunsa
    @MutualfundsahiHainbutkaunsa Місяць тому

    Invest and be in peace

  • @RobertMeier-p9x
    @RobertMeier-p9x 11 місяців тому +1

    The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas.

    • @JuanRalston-le4oi
      @JuanRalston-le4oi 11 місяців тому

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and in stocks too. Make your due diligence before going into anything

    • @RobertMeier-p9x
      @RobertMeier-p9x 11 місяців тому

      Thanks. I will certainly be. Have you got any passive income you earn currently?

    • @AmandaConclaves
      @AmandaConclaves 11 місяців тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back,In the aftermath of my lengthy divorce, I found solace in a local community event where I met a seasoned financial mentor named Alex. Our initial conversation bysparked a connection, and over time, he generously shared his wealth of financial wisdom. With his guidance, I navigated the complexities of rebuilding my finances, and together we forged a path toward stability and prosperity. Alex became more than a mentor; he became a beacon of support during a challenging chapter of my life.

    • @RobertMeier-p9x
      @RobertMeier-p9x 11 місяців тому

      Yea well I understand the getting burnt from emotions part. I’ve certainly made rash decisions based off emotions.
      I will like to get to know this Alex. Is there a way to get a hold ?I can tell him you recommended him.

  • @NaeNaeKaupa
    @NaeNaeKaupa 4 місяці тому

    I'm trying to learn some things about financial literacy here, but damn, why you so fine? 🤧

  • @bradleyengels8156
    @bradleyengels8156 Рік тому +5

    So boring........