Never Go Broke! 9 Money Principles to Building Wealth YOUNG

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 147

  • @mr.educateyourself1165
    @mr.educateyourself1165 Рік тому +43

    Money Principles
    1) Check your bank account everyday 2) Study Investing 3) Your Emergency Account is only a emergency account 4) Save in lump sum 5) Do not be soft about money 6) Leverage Other People Money 7) Be around money early and often 8) Have to do it mentally 9) Adopt the mentality you're a business owner or investor. Peace and blessing on your wealth journey.!

  • @DonJ.
    @DonJ. Рік тому +5

    I definitely have to hear this every day for my subconscious!! 💯💯💯

  • @bachatasoulnyc
    @bachatasoulnyc Рік тому +4

    Karlton, you’re a gift. Thank you for showing up for us. I am moved.

  • @darvezstancle7392
    @darvezstancle7392 Рік тому +4

    This is the best video I’ve heard all year!

  • @JoeSmith-bu1mq
    @JoeSmith-bu1mq Рік тому +7

    Thank you for posting this one. Been looking for a way to get my youngest to take control of her future. Hopefully watching this video and listening to someone relatable, she'll learn to keep successful people around her. I really do appreciate you and all the gems you drop on us.

  • @SdW.8
    @SdW.8 Рік тому +5

    Great points!!! This list is going up so I can see it daily, be better daily and reach my wildest dreams. Thank you for inspiring us and sharing great knowledge!

  • @psdavis70
    @psdavis70 Рік тому +3

    KD preaching for real. Love this

  • @kenben517
    @kenben517 Місяць тому

    Very powerful video! Thank you brother

  • @jamesallen8511
    @jamesallen8511 Рік тому

    Keep doing what you are doing. I wish I had this when I was younger. Now my drive is to prepare my kids. Thank you

  • @radicaltitan
    @radicaltitan 8 місяців тому

    I’m a NASA engineer starting my LLC this year. And every day I thank my lucky stars that I stuck out 9 years of football growing up. I would not be where I am today without those HELL days, Karlton! Love it man!

  • @barryisa7353
    @barryisa7353 Рік тому

    This is my fav video Mr. Dennis has put out In a while

    • @a.sam.2976
      @a.sam.2976 9 місяців тому

      Number 5 rule in a nutshell. "Scared money, don't make money".

  • @ellenkim5342
    @ellenkim5342 9 днів тому

    Thank you for sharing your smartness

  • @ronaldcambridge3126
    @ronaldcambridge3126 9 місяців тому

    Your presentations are essentially "truth to power". Hopefully, folks will realize what you're espousing and implement according to what's appropriate for their given situation(s).

  • @jhomraborar1145
    @jhomraborar1145 4 місяці тому

    You’re so awesome! New follower here. I saw you got interviewed and searched you out here. Waving from the Philippines!

  • @k.lynnecollier7763
    @k.lynnecollier7763 Рік тому

    Got great info and shared it with my two sons. Thank you for taking time to do this.

  • @globright9127
    @globright9127 4 місяці тому +1

    So young and smart

  • @jjones503
    @jjones503 7 місяців тому

    I really wish they would have taught about Roth Ira's in school. I started so late that it hurts, however, even just a few years into it, it's been one of the best places to put my extra taxed income. While the average of 15% is good, it's not as good as investing in other places, but the risk is much much lower. It's amazing what $110/week does in a good Roth Ira profile.

  • @Supratt001
    @Supratt001 3 місяці тому

    Thank you

  • @DHblo
    @DHblo 6 місяців тому

    THANK YOU SIR!!!!

  • @Charlesyo_
    @Charlesyo_ 7 місяців тому

    Really good video man!

  • @ZehnCapitalLLC
    @ZehnCapitalLLC 7 місяців тому

    This was great! 🔥

  • @Ruuizztv
    @Ruuizztv 8 місяців тому

    nice video! very helpful advises

  • @danielmagana8399
    @danielmagana8399 Рік тому

    Amazing. Thank you.

  • @investingwithkat
    @investingwithkat 10 місяців тому

    Great video!! Can you recommend some books of investing?

  • @leofranco6337
    @leofranco6337 11 місяців тому

    Subscribed

  • @37ccooper
    @37ccooper 9 місяців тому

    Hi u a great teaher

  • @nathanwood7660
    @nathanwood7660 2 місяці тому

    I am 42 years old and I am finally going to bet on myself and start a business.

  • @mikejones8667
    @mikejones8667 Рік тому

    Max Love From Oxnard 🙌🏽

  • @javiertc86
    @javiertc86 Рік тому

    I don't think Robinhood existed when you were a kid :) Amazing video, thanks for this amazing content.

  • @Southernstrutboutique
    @Southernstrutboutique Рік тому

    Videos on investing please

  • @DBoone123
    @DBoone123 5 місяців тому

    What gets measured gets managed

  • @Freethinkers19849
    @Freethinkers19849 Рік тому

    Is that an AP royal oak?

  • @Alphaanbu95
    @Alphaanbu95 9 місяців тому

    Greatest ❤😊😊

  • @REALLSpiritual_
    @REALLSpiritual_ 7 місяців тому

    Mann I found this video at 111 comments thank you

  • @bobsides5870
    @bobsides5870 Рік тому

    #KartonDennis my brother 100%

  • @sergiocornejo4763
    @sergiocornejo4763 10 місяців тому

    Everyone doesn't starting at 0 debt...

  • @OceanWorrier
    @OceanWorrier Рік тому

    I have no desire to succeed under capitalism, I’m not motivated by money. At the same time, I want to be comfortable and happy in life. It’s a hard place to be.

  • @sergiocornejo4763
    @sergiocornejo4763 10 місяців тому +2

    You need to manage DEBT and pay off first before investing in anything.....

  • @biancacurry3384
    @biancacurry3384 8 місяців тому

    🙏🏽🙏🏽

  • @rickshepard2313
    @rickshepard2313 5 місяців тому

    👑🔥👑🔥🤴🏾🔥👑🔥👑

  • @user-du8eq8fj6l
    @user-du8eq8fj6l Рік тому +2

    You hit it on the head your family will take your last dime and could care less about you are going to make it after that.

  • @andreavangarita
    @andreavangarita 9 місяців тому

    Sanity😂

  • @didaresti9880
    @didaresti9880 Рік тому

    I've seen this war many times in my true dreams, this war is imposed upon Pakistan and we defend our country and Islam. Imam Mahdi Muhammad Qasim Dreams

  • @madamtruth16
    @madamtruth16 Рік тому

    I love these videos truly they are great Im working on it man and thanks for keeping up the encouragement bro👍

  • @BZ007
    @BZ007 7 місяців тому

    Can you do graphs or spread sheets just more visuals...please

  • @Jay34341
    @Jay34341 7 місяців тому

    Please dont make this into a black or white thing, you had me til I heard Obama or Oprah did it.

  • @kenosis1
    @kenosis1 Рік тому +30

    Brother, keep doing what you’re doing. I’m 46 years old and I am reconstructing my finances after all this time and this is absolute pure gold.

  • @charlieecho7253
    @charlieecho7253 Рік тому +24

    Stumbled onto this video and I was extremely happy to hear this man talk about not giving in to family.
    My family’s almost ruined me financially when I was in my mid 20’s and they would have done far worse if I had let them.
    I’ve seen it over and over happening to other smart people. Your family, even if they are nice, well intentioned people, can ruin your life if you let them.
    Put up those healthy boundaries.

  • @richhands5269
    @richhands5269 Рік тому +63

    My three favorite channels: Karlton Dennis, Stock Brotha, & Earn Your Leisure. Make my week complete! 🔥 🔥 🔥

    • @ms.sharpe8820
      @ms.sharpe8820 Рік тому +2

      Don’t sleep on fresh and fit. They be dropping gems on their Money Mondays

    • @Ahtrinivbyz
      @Ahtrinivbyz 11 місяців тому +1

      And Richard fain,wall street trapper 😂

    • @eloncamus7968
      @eloncamus7968 7 місяців тому

      Dont sleep on alux

  • @Crush0819
    @Crush0819 6 місяців тому +8

    Hello karlton I just want to thank you for your hard work as a Hispanic minority I was programmed a certain way. Which later in my life affected how managed my money, lived my life and the decisions I’ve made. A couple years ago I had the opportunity to focus and open up a business I never really understood what it was when people say “let money work for you don’t work for your money” years later, I hurt myself I close the business and fell into a deep depression. As of this weekend, I came across your videos and a couple others in which you participated in their podcast. So I just wanna give you a big thanks for igniting the thrive and fire in me I relinquished! God bless you my friend! May the Lord bless you with health, wealth and prosperity!

  • @hillaryvasquez9651
    @hillaryvasquez9651 Рік тому +23

    Great content, life changing! Reading is not just enough". Take action! Put your new found knowledge to use. I read for a long time but Action made my life change in no time (generally and mostly financially)
    That's my two cents on this

    • @albertcharles4415
      @albertcharles4415 Рік тому

      I agree with 100%
      Action makes it work no matter how little start and see the result come by. :D

    • @bashirauwal5825
      @bashirauwal5825 Рік тому

      I struggle to follow through especially financially. I earn quite enough but hardly have a saving.
      Rent, bills, expenses take it all. It almost seems like I live paycheck to paycheck

    • @hillaryvasquez9651
      @hillaryvasquez9651 Рік тому

      Live below your means, adjust your lifestyle, be frugal in spending, don't buy unnecessary stuff, budget your spending and your debt, save, invest it's a better way to grow wealth. Get a financial expert to help you

    • @bashirauwal5825
      @bashirauwal5825 Рік тому

      @@hillaryvasquez9651 Thanks

    • @bashirauwal5825
      @bashirauwal5825 Рік тому

      I heard hiring a financial coach is quite expensive but I will have a look at it

  • @carolannstevens5814
    @carolannstevens5814 9 місяців тому +3

    Dave Ramsey all the way!!! Cash is King! No credit score!!!

  • @slappymcsalmon3025
    @slappymcsalmon3025 Рік тому +5

    #1 don't be homeless

    • @FIRE_DrNinjaTurtle
      @FIRE_DrNinjaTurtle 6 місяців тому

      I was homeless at 25 and I am financially free today.

  • @jamessmith1743
    @jamessmith1743 Рік тому +3

    Mr. Dennis. Great videos. Very comprehensive. Your #2; how do you study investing? What did you do? Where did you start? Thanks.

  • @kekelovesu2948
    @kekelovesu2948 Рік тому +4

    🎉🎉Happy belated birthday 🎂. This was an excellent mindset reset class. Thank you for today's jewels.

  • @FeruzaUtayeva-zz1nd
    @FeruzaUtayeva-zz1nd 3 місяці тому +1

    Здравствуйте это компания мне очень нравится

  • @fordilac
    @fordilac 7 місяців тому +1

    NEVER be the smartest person in the room unless you are mentoring someone.

  • @thealyssajen
    @thealyssajen 7 місяців тому +2

    This is wildly inspirational I grew up in a household where money was such a touchy subject. If you brought it up it was always uncomfortable. I decided that with little to no knowledge of financial security to change this cycle. I never want to feel like I can't control my finances ever again. It's not that it's difficult, most of us just are misinformed of money and it's proper usage.

  • @SemiraStone
    @SemiraStone Рік тому +3

    Thank you for your support and kindness. Happy 30th Birthday 🎉

  • @ms.sharpe8820
    @ms.sharpe8820 Рік тому +3

    HAPPY BIRTHDAY KARLTON 🎉🎉🎉🎉

  • @jennywinters7435
    @jennywinters7435 3 місяці тому +1

    Super appreciate you, a lot of this has really hit home and will change my life for the better.

  • @wormwoodfive398
    @wormwoodfive398 Рік тому +1

    Which skin color knows best invest stuff ... I need to know how I'm going to do

  • @a.sam.2976
    @a.sam.2976 9 місяців тому +2

    Great financial advice KD. Have you thought about doing a segment with the 'Earn Your Leisure 'guys? . Am l asking that because they are young Brothers in Finance?.. Yes.... I am . We need to share expertise and teach each other. The Wealth Gap is sickening..

  • @dongorgon612
    @dongorgon612 Рік тому +1

    What can I do if I have a credit card that I don’t want because it has a low but annoying monthly / annual charge but it’s kept because it’s the oldest credit card I own and it helps with credit history on my credit report ??

    • @jasminecoffen1670
      @jasminecoffen1670 Рік тому +1

      Some banks will allow you to “upgrade” to another card with a soft pull without affecting your credit history age. Look for another card that the bank institution own that has no annual fee, call the customer service, make sure to mention you are a loyal customer of X amount of years.

  • @CocoTeeTV
    @CocoTeeTV Рік тому +1

    Great info! Happy Birthday! Virgo Season….Turn up!! ♍️ 💰💵💰

  • @nikispringer3142
    @nikispringer3142 15 днів тому

    Saving up to invest a lump sum, is the EXACT same thing as dollar cost averaging into investments!

  • @Ayyyyguey
    @Ayyyyguey 9 місяців тому +1

    I’m 23 and fresh out of college, this channel is priceless. Karlton has taught me more for free than an $80,000 degree.

  • @Divine.Financial
    @Divine.Financial 2 місяці тому

    Just discovered you yesterday and enjoy the videos. Great insight on what an "Emergency" really is. Keep on educating!! 💪

  • @beauxdishon1010
    @beauxdishon1010 6 місяців тому

    skin color... fr. Love the vids regardless but I cant even escape politics, or hearing about skin color while im trying to scale by business lmao.

  • @DBoone123
    @DBoone123 5 місяців тому

    Dude thought an emergency account was a non emergency account

  • @RMC_Elite
    @RMC_Elite 7 місяців тому

    Your videos were great they help a lot, but mentioning race is just BS and uncalled for.

  • @ryanperry9838
    @ryanperry9838 7 місяців тому

    Why does the skin color have anything to do with it? We’re talking about money it’s green that’s it

  • @SdW.8
    @SdW.8 Рік тому +1

    Happy 30th birthday! 🎉

  • @davidciarfella491
    @davidciarfella491 3 місяці тому

    I’m just blown away man I’ll take every word you said and use it!

  • @axxicution
    @axxicution Рік тому +1

    Good stuff

  • @fredfoster3345
    @fredfoster3345 9 місяців тому

    Awesome sir do you have a consultation

  • @FeruzaUtayeva-zz1nd
    @FeruzaUtayeva-zz1nd 3 місяці тому

    Кто то знает русский язык? Ответы

  • @HAMEDTUO-r4b
    @HAMEDTUO-r4b 3 місяці тому

    amazing and inspiring. thank you.

  • @DavidRasool-n3k
    @DavidRasool-n3k 2 місяці тому

    I want to learn about taxes were should I start

  • @JulianFord-t7p
    @JulianFord-t7p 10 місяців тому

    Great video how much would you charge to mentor me

  • @schonique
    @schonique 8 місяців тому

    Karlton, how is like in Switzerland?

  • @ilonfernandez8773
    @ilonfernandez8773 5 місяців тому

    Great advice, my brother 🙏

  • @vjackson3451
    @vjackson3451 25 днів тому

    This is the best video ever ❤

  • @tyshawnbradley7030
    @tyshawnbradley7030 9 місяців тому

    Where da full video

  • @ismaelhall3990
    @ismaelhall3990 4 місяці тому

    Thanks bro.

  • @christinajones7319
    @christinajones7319 9 місяців тому

    Great video.

  • @brandonbrown4584
    @brandonbrown4584 2 місяці тому

    100 degreed

  • @Whyhetaxin
    @Whyhetaxin 3 місяці тому

    ty

  • @erickperez165
    @erickperez165 10 місяців тому

    💪

  • @paulchaplin1493
    @paulchaplin1493 2 місяці тому

    I LOVE IT

  • @jneworleans
    @jneworleans Рік тому +1

    Thank you for this video 🎉

    • @jneworleans
      @jneworleans Рік тому

      @karltondennisPrivate_Message Nice try 😂

  • @skibike01
    @skibike01 Рік тому

    I would be against checking your bank account every day. Yes you can check your main accounts but don’t check your investment accounts every day. Studies have shown people that check less make more because they are not trading as much and worried as much

  • @johnmaxwell1356
    @johnmaxwell1356 Рік тому

    Enjoying Lake Como, Italy for your 30th birthday. Congrats.

  • @SharingIdeology
    @SharingIdeology Рік тому +1

    PLEASE ANSWER!
    A different video you talked about renting your personal Airbnb / Rental property to your LLC
    So technically the business is renting your personal rental home.
    You said you would talk about that in another video but I've searched and searched and can't find anything.
    Can you please talk about this?!
    Explain renting your Airbnb to your business please please! 😊
    Thank you!

    • @karltondennis
      @karltondennis  Рік тому +1

      I am working on the video 👍🏾

    • @a.sam.2976
      @a.sam.2976 9 місяців тому

      Jeez, calm down. Needy much? KD is doing his best, in the meantime there are other places to learn stuff.

  • @MubashiraMQ
    @MubashiraMQ Рік тому

    👉Dream (Message of Warning) [06-23-2016]
    Bismillah Ar-Rahman Ar-Rahim
    Muhammad Qasim Bin Abdulkarim's Dream: Allah ﷻ came in my dream, I saw Nur and a sharp blue Nur/light was coming from inside the Nur, I have never seen such a Nur/light before.
    Allah ﷻ said that: "Qasim I have given much respite to the people but except a few no one has believed you, instead many have ridiculed you, give My Message to these people that the respite which I gave them to think and understand is soon going to come to an end, so get ready to taste My Punishment.” (Dream ends)
    Muhammad Qasim Dreams

  • @RobertHindi-o9i
    @RobertHindi-o9i Рік тому

    Thank you. That’s all I can say. Just thank you. Happy belated birthday! Mine is tomorrow 🎉

  • @Keepnit_100
    @Keepnit_100 Рік тому

    Good stuff

  • @drewslifecollection
    @drewslifecollection 8 місяців тому

    Thank you for the insightful information and will use your advice on life everyday.

  • @markvaughn3315
    @markvaughn3315 8 місяців тому

    Great video. It's excellent information and I appreciate how matter of fact you are. Because you do not use hype to convey the information. Thank you.

  • @EMcBrad
    @EMcBrad 4 місяці тому

    I really appreciate you sharing your knowledge and financial tips 🙏🏾