4 Middle Class Habits Keeping You Poor

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 87

  • @marialeg2367
    @marialeg2367 6 місяців тому +32

    Being frugal and level-headed feels as if you're a fish swimming against the current in the society we live in. I don't even live in the US and the culture where I live, in Latin America, is very much the same. You're perceived as the odd one out just for having a bit of common sense. Keep doing you and keep sharing your experiences! PS: I'm loving the SpongeBob clips! 😂

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +5

      Absolutely! I relate to that on so many levels! I am hoping it becomes more normalized but in the meantime we just gotta keep doing our thing! So glad you enjoy them! Both of the clips today were especially funny in my opinion! I hope all is well🤍

    • @marialeg2367
      @marialeg2367 6 місяців тому +1

      @@DamonCassidy thanks very much for the reply! I really appreciate your content 😀

  • @mamabear0056
    @mamabear0056 6 місяців тому +4

    Exactly what I’m encouraging my college aged kiddos to do - find your target and aim all of your energy towards that target. One has it sorted, one is still deeply struggling. Having an end goal makes all the difference. Appreciate your words!!!!

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +2

      Absolutely! My mom is in a similar situation with my brother and I. It seems very difficult to navigate but I guess we have to find it at our own pace. Thank you for sharing your experiences with us and I hope you and your family are doing well!🤍

    • @EazyDoor
      @EazyDoor 3 місяці тому

      Comments like yours are the reason why I like to scroll through the comments of videos like this. There's always good advice to be found. Thank you.

  • @Norcaljourneyman
    @Norcaljourneyman 6 місяців тому +8

    Impressed with your insightful advice. Went bout 4 days not spending money with meal prep and shopping smart.

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +3

      So glad that is has provided value! Incredible! Little changes like that make the biggest impact! Thank you for sharing!

  • @brooksd-lg9lg
    @brooksd-lg9lg 6 місяців тому +14

    I love how people over simplify leaving a job you hate just to simply go make more money and "be happy". Nothing is that simple when you have a spouse, kids, and a mortgage. Depending on what field and sector you work in, some times job security outweighs the more amount of money you could have made. For example, public sector > private sector tech jobs: sure you'll make more money in the private sector but have a much higher chance of getting laid off with months of no job prospects in sight.

  • @gf-nw6no
    @gf-nw6no 4 місяці тому +2

    this hits me very hard dude, but thanks for sharing this, as you said... the conversation is really important and i'm glad somebody else said what i failed to say.
    the glaring issue in my society is that this conversation isn't even allowed at all, i tried appealing to logic, evidence, case studies, etc; but got labeled as poor/pathetic instead.
    and another major issue is, many environment(such as my parent) gaslighted us so much with contradictory statement that we got confused about how life works

  • @jaydub308
    @jaydub308 6 місяців тому +3

    Mr. Cassidy you have brought me value. you have the courage to take a huge risk and step away from a secure job. I think as Americans we should promote trying new and possibly scary things. We lack the courage to fail. Some of my best victories and lessons have come from failure. Thank you for the inspiration.

    • @DamonCassidy
      @DamonCassidy  4 місяці тому

      @@jaydub308 hey Jeff! I am really sorry for the late response on this comment! I am so glad that I have provided value and I really appreciate you sharing this. I believe we have really lost the meaning of participating in a process. We focus so much on end results we sprint through the process of what it takes to achieve those things. I hope you are doing well🤍

  • @jerseyhead.u
    @jerseyhead.u 3 місяці тому +1

    Found your channel on my personal UA-cam page (where I don’t upload content) and watched a number of your videos. Really enjoy the content. I find myself in a similar mindset, where I’m extremely passionate about doing content creation, but at the same time trying to find ways to add value. I think you’re doing a great job, keep it up!

    • @DamonCassidy
      @DamonCassidy  3 місяці тому +1

      @@jerseyhead.u I am so glad that you have enjoyed my content! It’s a delicate balance that I have found became easier to pursue the less I tried to control it and the more I acted based on my own values and authenticity! Thank you for the kind words and I have subscribed to your channel! I look forward to watching your journey!

    • @jerseyhead.u
      @jerseyhead.u 3 місяці тому +1

      @@DamonCassidy of course, and I appreciate it! As someone who also comes from a business background, a lot of what you said resonated with me. Really excited to see your journey as well!

  • @chrisgmag22
    @chrisgmag22 5 місяців тому +2

    Just found your channel, and I’ve been enjoying watching your videos.
    You are a good person and people can immediately tell. Thank you for sharing your content and ideas, it is personally starting to help me as well.

    • @DamonCassidy
      @DamonCassidy  5 місяців тому

      Thank you so much for your kind words. I am so glad to hear that it has been helping. I hope to continue to provide value! I hope you are doing well🤍

  • @elizabethstreit5203
    @elizabethstreit5203 3 місяці тому

    Thanks for the video. I've always felt called to writing, and I've recently decided to commit to it. I'm not sure I've ever made a more terrifying decision. (I was scared when I moved to college, but I didn't feel like I had a choice in that.) I think the concept of the cost of opportunity might b very helpful in helping me make decisions that will get me to where I want to be in life.

  • @Metalodeath
    @Metalodeath 6 місяців тому +1

    I finally feel like I’m on the right path last week I went to a job interview and today I got accepted and I start June 3rd I gave my 2 weeks today to my employer I finally realized that the job I’m at now isn’t getting me anywhere and I don’t want to advance here seeing I lost interest In the field of work but I’m excited though new opportunities better hours more overtime and a referral program etc etc Mabye now I can save more and pay my debt down even faster I’d love to buy a house having no debt at all! I do love listening to your videos they really help me out a lot and for years working here I’m finally getting out!

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +1

      Incredible!! So happy to hear this! I bet you and your girlfriend will be achieving those goals in no time! So glad you kept me updated!

    • @Metalodeath
      @Metalodeath 6 місяців тому

      @@DamonCassidy Thanks Damon love listening to your videos you do great work!

  • @Nico-eq3rf
    @Nico-eq3rf 5 місяців тому +1

    You sound like a sincere person and I can also relate so much at the pause in voice when thinking are you serious. I hope you can make the change you seek to make. If you don't give up, I think you will find something worth at the end of the road. Gl and I hope to see more of videos like this.

    • @DamonCassidy
      @DamonCassidy  5 місяців тому

      Thank you for your kind words! I will continue to do my best! I hope you are doing well🤍

  • @Sunsun-wx9hn
    @Sunsun-wx9hn 5 місяців тому +2

    Thanks you sharing us the incredible valuable lessons that you've learnt.

    • @DamonCassidy
      @DamonCassidy  5 місяців тому

      Absolutely! So glad that it has provided value to you! I appreciate you reaching out🤍

  • @shoo_ahhh
    @shoo_ahhh 2 місяці тому

    Thank you. I needed to hear this today. ❤

  • @ericstropicalparadise1935
    @ericstropicalparadise1935 5 місяців тому +1

    This def did provide value. I subbed because I m currently working at Chase which I’m 99% sure is the job you left because of the name tag thing you said. You’re basically what I’m becoming. I strongly relate with your story.

    • @DamonCassidy
      @DamonCassidy  5 місяців тому

      It’s a hard path to navigate but I hope my story continues to help🤍

  • @williamread8186
    @williamread8186 6 місяців тому +3

    I am so impressed by your social and communication skills. I know you will do well with YT. My personal life’s struggle is lacking talent for everything it seems but fortunately at 67 I am coming to end and I think I will be able fully retire without the pressure of monetizing a side hustle thanks to my investment property, assuming that the government doesn’t take that away from me. I made a YT post about that.

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +1

      Thank you very much for your kind words. I have very much enjoyed your videos and believe you have much longer here, especially with how incredibly in shape you are! Thank you for reaching out! I hope all is well🤍

  • @ladykadiijha
    @ladykadiijha 6 місяців тому +2

    Thank you for sharing this

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Absolutely! So glad it provided value!

  • @oscarcharliezulu
    @oscarcharliezulu 6 місяців тому +4

    Nice to listen to someone with common sense ideas and advice, in a world of hype, crypto bros and so called successful investors

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +1

      Glad to be a sense of reason during this chaos! Hopefully everything will balance itself out in the long run

  • @ruelbasilio3634
    @ruelbasilio3634 6 місяців тому +3

    Thank you for sharing,Damon, sending love from the Philippines 🇵🇭

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +1

      So glad you enjoyed! Thank you for reaching out! I hope all is well🤍

  • @lonnieswag100
    @lonnieswag100 6 місяців тому +1

    This is a great channel, I’m so glad I found this

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Thank you so much! I am so glad you enjoyed it!

  • @mindshiftershub.
    @mindshiftershub. 6 місяців тому

    I just want to say I am so proud of you, Damon! Keep spreading your wisdom, my friend 😊

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Thank you so much!! So happy to hear from you! I hope you and your family is doing well🤍

  • @Kwayetly
    @Kwayetly 5 місяців тому +1

    Keep on bro

  • @melvinlemay7366
    @melvinlemay7366 4 місяці тому

    Embrace the accusations of scrooge-ness! Of course there is such a thing as being overly conservative about how and were you keep your money and a frugal person is wise to monitor himself for such behavior. But fear of that behavior is a poor reason to have little to no financial discipline.
    Concerning your second point, I am just reaching a point were I have started my career and am beginning to have money that I can save and invest. However, I have no idea what to do with it. Your point about the Roth IRA vs 401k is particularly relevant. I would love to start learning more about my potential opportunities, but I'm not even sure were I would start. Do you have any advise for resources in that regard?

  • @mariavelazquez2881
    @mariavelazquez2881 6 місяців тому

    Excellent video!
    Thank you!!

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      So glad you enjoyed it! I apologize for the late response! I hope you are doing well🤍

  • @ahkillahjohnson8795
    @ahkillahjohnson8795 6 місяців тому +2

    Even if you have to go abroad get an education at a better price being educated has it's own merit/ morality that is not directly tied to finances. It's about cultivating your mind and maturing your mental faculty. Choose a major you are passionate about and a trade or skill that will also produce money. Additionally, just set your children up with a business or something that will generate revenue for them. The actual middle class fallacy is that life is about money. your life force/ value and life purpose is not determined by how well you survived. Money is for survival education is for living. Get the money thing out of the way as quickly as possible so that you can focus on something else its not rocket science.

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Absolutely agree, family is the biggest priority and I want to be as involved as I can. Need to do a lot of the work upfront while I can! Thank you for sharing this!

  • @SusiesRepeat
    @SusiesRepeat 2 місяці тому

    4 years in college being brain washed and running up thousands in debt or 4 years learning a skill set. Anyone would be a fool to make first choice.

  • @shashashasha4239
    @shashashasha4239 Місяць тому

    Good advice but weird verbiage. Middle class habits, by definition, do not keep you poor because being middle class means you’re not poor.

  • @aaronaustrie
    @aaronaustrie 5 місяців тому

    Truth📌

  • @xenosaiyan-8106
    @xenosaiyan-8106 6 місяців тому

    Can you imagine what my aims are?
    I’ve not let money get in the way of what my aims are and using money to get me closer to my aim
    This video was very unexpected, I’d definitely consider myself middle class

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Incredible! I have always loved seeing how you describe your life and what you spend your time doing and how money is always just byproduct of that! Always so refreshing to see! I hope you are doing well🤍

    • @DamonCassidy
      @DamonCassidy  4 місяці тому

      @@xenosaiyan-8106 hey! I just wanted to check in. I haven’t heard from you in a while and wanted to see if you were ok and if there was anything I could do to help/chat about if needed. I hope you’re doing well🤍

    • @xenosaiyan-8106
      @xenosaiyan-8106 4 місяці тому +1

      @@DamonCassidy long time no see, just been playing a new expansion that's come out. But the good news is that in the past month or so been reducing unnecessary bills that have creeped up throughout the years

    • @DamonCassidy
      @DamonCassidy  4 місяці тому

      Incredible! Sounds really awesome on both fronts! That has to be such a great feeling! Really glad to hear you’re doing well!

  • @-vv3rv
    @-vv3rv 6 місяців тому +22

    I know nothing about trading /investment and l'm keen on getting started. What are some strategies to get started with?

    • @dagame614
      @dagame614 6 місяців тому +3

      As a beginner, it's essential for you to have a mentor to keep you accountable.
      I'm guided by a widely known crypto consultant

    • @dagame614
      @dagame614 6 місяців тому +3

      Mrs Nancy Williams Laplace

    • @beachlife-f7z
      @beachlife-f7z 6 місяців тому +2

      This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..

    • @Cindy-sy8fw
      @Cindy-sy8fw 6 місяців тому +2

      Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

    • @Holler-cy8vn
      @Holler-cy8vn 6 місяців тому +2

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional

  • @Matchboxsign39
    @Matchboxsign39 6 місяців тому

    Well said

  • @MoroccanPOV
    @MoroccanPOV 6 місяців тому

    Keep going, hi from Morocco

    • @DamonCassidy
      @DamonCassidy  6 місяців тому +1

      Absolutely! Thank you for reaching out! I hope all is well🤍

  • @junelynn63
    @junelynn63 6 місяців тому

    You statedyour channels direction weare tethetless unstable to have any meamingful conversation about anything so you provide a provocative subject and direct conversations

  • @missmaryjanegreen
    @missmaryjanegreen 6 місяців тому

    I was also subjected to years of Texas history 😂

    • @DamonCassidy
      @DamonCassidy  6 місяців тому

      Wild how much he have to do it haha

  • @chrisniner8772
    @chrisniner8772 6 місяців тому

    I'm living 6 pack to 6 pack.

    • @kennethbosejr.4933
      @kennethbosejr.4933 6 місяців тому

      Not a 6-pack to 6-pack! Live a case to case!😂

  • @giraffecat
    @giraffecat 6 місяців тому +1

    0:18 Oppornity. If you're going to use lazy AI images, don't just run with the 1st thing it spits out.

  • @ABoredTroll
    @ABoredTroll 6 місяців тому

    Go shave your mountain man beard. 😅

    • @emilyau8023
      @emilyau8023 4 місяці тому

      I think it works on him.

  • @lifeonmars4088
    @lifeonmars4088 5 місяців тому

    >talk about money
    Money love silence