Wanna Build Wealth? Avoid These Money Mistakes (Feat. Naftali Horowitz) | KOSHER MONEY Episode 2

Поділитися
Вставка
  • Опубліковано 3 лют 2025

КОМЕНТАРІ • 3 тис.

  • @evelynscarlett1
    @evelynscarlett1 11 місяців тому +36

    NAFTALI IS AMAZING. “HOW I CREATE WEALTH”

    • @evelynscarlett1
      @evelynscarlett1 11 місяців тому

      The first step to creating wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI coach, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

    • @evelynscarlett1
      @evelynscarlett1 11 місяців тому

      I am fortunate I made productive decisions that changed my finances (accumuIated over 1M in 2years) through my financiaI coach. Bought my 2nd house in January and hoping to retire at 51 next year.
      Give this a try and attain weaIth.

    • @evelynscarlett1
      @evelynscarlett1 11 місяців тому

      researvh the name, if you care.

    • @evelynscarlett1
      @evelynscarlett1 11 місяців тому

      REBECCA MARTIN WATSON

  • @Taliecat
    @Taliecat Рік тому +1727

    First money mistake to avoid is feeling the need to solve everything and be there for everyone, you have to invest in yourself before investing in others

    • @inix2057
      @inix2057 Рік тому +18

      True, financial literacy is key in these times and you must learn to invest either time or money to get returns and that’s just the simple truth

    • @Taliecat
      @Taliecat Рік тому

      Arltoeric

    • @5ll3x
      @5ll3x Рік тому +7

      It's ok to be selfish

    • @cathyandresiak
      @cathyandresiak Рік тому +1

      That is kind of difficult when you have grandkids.

    • @goldberg1174
      @goldberg1174 Рік тому +1

      @@Taliecatsome other day you might lose a lot 😂

  • @FiscalChronicles
    @FiscalChronicles Рік тому +40

    It’s all about avoiding debt, keeping your expenses low, maximizing your income and investing.

  • @AM-pc3yd
    @AM-pc3yd 11 місяців тому +23

    I’m non-Jewish and I thank you for this channel.
    You never fail to bring excellent information and brilliant speakers to contribute .
    Thank you for your generosity.

  • @mariamfk788
    @mariamfk788 2 роки тому +1496

    I'm a muslim, and I loved the deepness of this interview, thank you cousins.

    • @LivingLchaim
      @LivingLchaim  2 роки тому +104

      Thanks for watching Cuz ♥️

    • @mariamfk788
      @mariamfk788 2 роки тому +34

      @@LivingLchaim Peace and love ! thank you

    • @beryalex1798
      @beryalex1798 2 роки тому +49

      I am muslim too we have almost the same rules!

    • @aceventuraliedetective6267
      @aceventuraliedetective6267 2 роки тому +20

      @@beryalex1798 because your so called profet stole everything from the Tora and Bible😁

    • @aceventuraliedetective6267
      @aceventuraliedetective6267 2 роки тому

      @plantedbrain i have read the quran 4 times, before using bad words i guess you have to learn about islam, your reaction tells me you dont know shit about islam. I am not a dog who barks, try to control your feelings because you like a crazy men and thats why the majority of the people dont like muslims, is because people like you. The quran changed alot and they removed alot of things. Most of the verses where not even writen but told and alot of them where writen on sheep skin and got lost in the wars. Because Mohammed enforced islam by the sword and not by peace or love, he forced people to be muslim.

  • @SouhaylOthman
    @SouhaylOthman Рік тому +34

    I'm a Muslim and I really enjoyed watching this video, and learned new things about how to manage your own portfolio, thanks

  • @TheGayStoic
    @TheGayStoic 3 роки тому +892

    WOW! What an incredible mentor Naftali is. As a non Jewish guy, I’m abundantly grateful for the wisdom that emerges from the Jewish community. Thank you for sharing it with the world 🙏🏾

    • @johnboy6594
      @johnboy6594 3 роки тому +72

      This show is like having access to a smart Jewish Uncle. Everyone needs one!!! Much Luck.

    • @aabbccdd320
      @aabbccdd320 3 роки тому +15

      National multiplication table does not exist. These advices aren't jewish at all, but plain rationality.

    • @aldolopez1596
      @aldolopez1596 3 роки тому +46

      @@aabbccdd320 while these principles are human in nature, the Jewish community seems to have a high rate of adoption of these principles in their culture. That would explain such a high rate of success in that culture. Cultures that don’t or haven’t yet embraced these principles seen to struggle financially and hence a lower rate of financial literacy and success. The fact that some of the ideas are put into a Jewish language or setting is so that the community is able to adopt them more easily. Embed these principles into your culture’s historical stories and soon they’ll start to progress. I’m from a Mexican heritage and we highly value hard work but some of these principles talked about in this episode are missing from our identity which I can see is a big reason we struggle financially sometimes.

    • @aabbccdd320
      @aabbccdd320 3 роки тому +20

      @@aldolopez1596 agree. there are blacks who are investment bankers and jews who play basketball, yes they do exist lol, but culture of your community matters a lot.

    • @bunnyboo6295
      @bunnyboo6295 3 роки тому

      @@aabbccdd320 Yes its the natural state of a child's mind then public school's brainwash

  • @ThomasHenry144
    @ThomasHenry144 11 місяців тому +47

    Our issue stems from the prevalent belief held by the majority that "having a good job is all it takes to become wealthy." Many people are unaware that these billionaires are using a different set of rules when conducting business.

    • @AustinSean-
      @AustinSean- 11 місяців тому

      You live and learn. I blew two funded $50K accounts with Karen L Nancy mentorship program. It's really making me self reflect and be able to see my trading mistakes even more. I got caught up in revenge trading and not walking away when I should have.

    • @LatoyiaCouch87
      @LatoyiaCouch87 11 місяців тому +1

      That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich.

    • @MiaAva872
      @MiaAva872 11 місяців тому

      The best approach for novices is to trade under the supervision of an expert, trust me you will be debt free.

    • @LucasSmith715
      @LucasSmith715 11 місяців тому

      Wish I knew about crypto trading earlier.stock is good but crypto is better. Brace up and get yourself a bitcoin before it's too late.

    • @StevenKnox94
      @StevenKnox94 11 місяців тому

      Crypto is the future, investing in it will be the wisest thing to do especially with the current rise.

  • @kongo289
    @kongo289 2 роки тому +4

    Thanks!

  • @vaclemor102
    @vaclemor102 3 роки тому +623

    1. Credit cards is the creation of all evil
    2. Don't look at anyone and say I need that because in reality you only want it because they have it.
    3. Focus on something don't get into multiple businesses without having the foundation of one business
    4. Know your true friends
    5. Take full responsibility of your life
    6. Don't point fingers
    Things I learned watching this video, thank you Mr Naftali and to Living Lchaim

    • @DreBluntz
      @DreBluntz 3 роки тому +30

      Number 5 should've been number 1

    • @mr.f4832
      @mr.f4832 3 роки тому +32

      number 1 shouldn't exist credit is good . it's discipline that should be at number 1.

    • @clarkclarke
      @clarkclarke 3 роки тому +11

      @@mr.f4832 they said what THEY learned ... not what Mr. Horowitz said .. Mr. Horowitz said has credit cards and that his payments are on auto pay ...

    • @Harley-ir4er
      @Harley-ir4er 3 роки тому +29

      There are benefits to using a credit card - Gives you protection under the sale of goods act - Credit cards MUST be paid off in full every month. If you can't pay off your credit card evey month, then don't have one.

    • @private464
      @private464 3 роки тому +4

      Thanks for saving me the time. I wanted to know what he said, but couldn't stand still for a full hour to watch/listen to this.

  • @tommysimpson807
    @tommysimpson807 3 роки тому +28

    Reformed Christian here. Love my Jewish friends and their wisdom. Subscribed!

    • @luke31ish
      @luke31ish 3 роки тому +6

      Tommy, what's the difference between a Christian and a reformed Christian? Just curious

    • @Lvatopesado
      @Lvatopesado 3 роки тому +1

      I'm waiting for the answer.

    • @hugozavala8818
      @hugozavala8818 3 роки тому +1

      Me too

    • @ChrisMari23
      @ChrisMari23 Місяць тому

      @@luke31ishnothing and everything

  • @lonnieray8703
    @lonnieray8703 Рік тому +21

    Your message is very concise, insightful and inspiring. I'm not Jewish however this message was full of the holy spirit. Thank you for your hard work on this.

  • @qubcio11games47
    @qubcio11games47 Рік тому +7

    As a Polish person, went to UK 25 years ago. Without knowing language. Started with cleaning people houses.... now do not have mordgege or credit cards, owe three properties.... Work hard, save money and you will see benefits in the future...

  • @שלוםוברכה-ז8כ
    @שלוםוברכה-ז8כ 3 роки тому +41

    You are a great interviewer. Asking all the questions I would have wanted to ask, and letting the man speak his mind without interrupting. This is not something to take for granted.

  • @bbello7573
    @bbello7573 3 місяці тому +1

    I am an Black Christian in the UK and I stumbled upon this interview by chance. I am stunned by the depth of wisdom this Rabbi has dropped. It has shifted my perspective on at least three challenges I am facing in my life. I am deeply grateful. Thank you 🙏🏾🙏🏾🙏🏾

    • @bbello7573
      @bbello7573 3 місяці тому

      Oh, and the comment about Crypto - gold. I’ve long suspected so and do tell my friends to treat it as a speculative tool at best.

  • @mish8978
    @mish8978 3 роки тому +35

    As a Christian I am so very grateful for the wisdom and understanding that was imparted from this podcast. When the Rabbi spoke of “Real” success, and being attracted to wisdom and internalizing ethics and morals you will be wealthy and successful in the most important ways. May G-d continue to help all his children through your knowledge. Be Blessed 🙏🏾❤

    • @anthonyjames4319
      @anthonyjames4319 3 роки тому +2

      Do you think saying “as a Christian” gives you some special credit or something?

    • @frankthetank8552
      @frankthetank8552 Рік тому +6

      Well being a Christian reconcilles one to God and credits you as righteous, so yeah pretty special credit

    • @Mimi-j9u8l
      @Mimi-j9u8l Рік тому +1

      ​@@anthonyjames4319: I think our religion also plays a major role how we think/how we should live in this world. Yes, Jewish understanding and Christian understanding or way of life is different so it's good to learn what others have to offer.

  • @ronnenvallejo7444
    @ronnenvallejo7444 3 роки тому +135

    I am a 48 year old Mexican/White American male and was NOT taught money management. This was very helpful. Thank you both for the the video.

    • @acordamedico7036
      @acordamedico7036 3 роки тому +3

      Where do u live ? I'm looking for a job

    • @Wambuto
      @Wambuto 3 роки тому +14

      No pun intended, but why is it necessary to mention the Mexican/white/male part or is that just the identity politics American culture

    • @ronnenvallejo7444
      @ronnenvallejo7444 3 роки тому +16

      @@Wambuto It’s not necessary at all I never liked that we have to say what ethnicity we are, but to me , it shows we are all listening to each other with respect and compassion. Probably not necessary but the guy before me said he was Muslim.

    • @ML6103
      @ML6103 2 роки тому +1

      @@Wambuto it's extremely relevant, not for the racial component but for the cultural component. The cultural differences between gentiles and Jews is exactly what means Jews are often more successful.

    • @christiantorres6014
      @christiantorres6014 2 роки тому +5

      trust me I am a 29 year old also mexican/american make and was never taught about money. here I am learning it on my own.

  • @jatikalmanigault
    @jatikalmanigault 2 роки тому +90

    I just bought his book "You, Revealed". Reading with a highlighter and sticking post-its on pages I want to go back and read again. I made two financial changes in my life as a direct result of this book. One thing I will share: I had an account where I owed $9,000. I was current on my payments but the interest rate was STOOOOOPID! I closed a CD, took a hit on the penalties, took some money out of my savings account, and paid the damn $9,000 off!! What a glorious feeling!!
    Buy the book, y'all!!

    • @bigdaddy3621
      @bigdaddy3621 2 роки тому +11

      Always get out of debt first!

    • @gogetit083
      @gogetit083 2 роки тому +5

      He has me thinking on paying off my credit card earlier than I want

    • @3namechangezalowdevry90day7
      @3namechangezalowdevry90day7 2 роки тому +2

      you might be able to deduct the CD penalty from your income tax.

    • @dmalka336
      @dmalka336 2 роки тому +1

      So impressive!!!!! Thanks for sharing.

    • @mariekatherine5238
      @mariekatherine5238 2 роки тому +1

      Great move! The hit was worth it. Some common sense and basic arithmetic goes a long way towards becoming financially stable.

  • @johnwilliam8366
    @johnwilliam8366 3 роки тому +7

    I grew up in Brooklyn NY in 70’s. Now living in California. He’s full of wisdom. I only wish I could know someone like this in Southern California.

  • @sohailchaudry2240
    @sohailchaudry2240 3 роки тому +331

    Im a 59 year old Indian Muslim man. I have three young adult kids. I thoroughly enjoyed listening to this. Hugely on point and great advice which I have followed funnily enough all my life. My wife and I live well and are comfortable. I really enjoyed listening to how an orthodox jewish family have a higher spend than a non jewish family. I really did not think of it before but it makes perfect sense. I have always respected and admired my Jewish brothers and sisters and the way they conduct themselves in business and as friends. Thank you.

    • @alexandershell
      @alexandershell 3 роки тому +10

      Bless You!

    • @dhanorilohegaon3472
      @dhanorilohegaon3472 3 роки тому +12

      Hope India get many muslims thinking like u...I am hindu but admire hard work done by Muslim workers at my site...very few people dare to do that kind of heavy job...u r true progressive muslim...u would been sent fatwa for doing haram(listening to jew)😃in arab countries

    • @NB-pf6il
      @NB-pf6il 3 роки тому +11

      @@dhanorilohegaon3472 I am a Muslim and I accept, like every other person, that good things should be acknowledged. There are extremists in every religion you know, its just that some are highlighted and some are not. We as humans must appreciate good in all of us👍

    • @dhanorilohegaon3472
      @dhanorilohegaon3472 3 роки тому +4

      @@NB-pf6il 👍👍🙏🙏world will be good place if people like u increases in all regions of world

    • @yassiamy
      @yassiamy 3 роки тому +7

      @@dhanorilohegaon3472
      Get your facts right dude , We have plenty of Jewish friends in the Arab world and they are really good people , by the way Fatwa is something done by a qualified legal scholar , and in Islamic understanding it is obliged to admit you believe in Moses and the Torah so it is not about being a moderate Muslim or not , you probably know the one and the only regime who is sending threats about throwing Jews in the sea is the Iranian regime not the Arabs , yes we want Israel to give the Palestinians a state , which is what the international law is saying , and that's it .

  • @indiramukush488
    @indiramukush488 2 роки тому +9

    I’m a single mother with 5 y.o. Barely making living. I exist 😢.
    I found this wonderful channel. I will take fist step to become successful. Thank you very much.

  • @kishfern3537
    @kishfern3537 3 роки тому +51

    I'm a Srilankan living in Great Britain, it's a fact that Jewish people are very successful hence why I listen to This podcast. This is great advise for families of all backgrounds.

  • @Burning_desire22
    @Burning_desire22 2 роки тому +18

    Got to love the way he says do not borrow money to buy his book whereas we have all these other gurus selling courses to vulnerable people these days for tens of thousands of dollars and they pressure people into borrowing the money do do that. Respect

  • @afrotakusama5983
    @afrotakusama5983 Рік тому +111

    This is all great info. I came across this channel by mistake and I'm a Black non-religious woman. I wish more people in the Black community understood these things better. This video resonates.

    • @kimik01889
      @kimik01889 Рік тому +9

      I'm a black woman too, I'm taking notes. I love this💯🎉

    • @christopherjohnsr5095
      @christopherjohnsr5095 Рік тому +3

      Black father in New York here digesting all of this so I can teach it to my 19yr old son. It helps me verbalize concepts I couldn't explain on my own.
      I never comment on videos, but decided to jump on this one just to say if we are watching, trust that some more black folk make up some of the 1.4 million views.

  • @BIRUKFILMENTERTAINMENT
    @BIRUKFILMENTERTAINMENT 3 роки тому +28

    I‘m an orthodox Christian and enjoyed the the wisdom shared on this channel. The gentleman is a great Mentor. Thank you and God bless you.

  • @bluefalcon0001
    @bluefalcon0001 2 роки тому +56

    I came across this channel randomly, but I have to say that I’m from a Sikh background and what your guest said about peer pressure really resonates in our community as well. Everyone really wants to keep up with the Joneses. Great conversation.

  • @johncho7149
    @johncho7149 2 роки тому +4

    That story of the friend splitting the sandwich is beautiful.

  • @TheBitcoinBoomer327
    @TheBitcoinBoomer327 3 роки тому +7

    Just ran across your video, something told me to click play. Glad I did. I’m not Jewish but love learning about investing. Found your content, from a Jewish perspective fascinating.

  • @adam.el.khaldi
    @adam.el.khaldi 2 роки тому +173

    As a muslim, your channel became one of my favorites, you educated me and enlighnted me a lot about money and other real life topics ! Thank you ❤️🙏🏻 and cheers from Morocco 🇲🇦✌️

    • @tomkelly9801
      @tomkelly9801 Рік тому

      What does it mean to be muslim?

    • @danielsaragih
      @danielsaragih Рік тому

      @@tomkelly9801 inferior to jewish

    • @hafsaguled1074
      @hafsaguled1074 Рік тому +1

      ​@@tomkelly9801
      The best feeling ever

    • @tomkelly9801
      @tomkelly9801 Рік тому

      @@hafsaguled1074 then why muslims are coming to Europe. Why they could not stay where they are and feel good there?

    • @MohammedAli-go2uc
      @MohammedAli-go2uc Рік тому +1

      @@tomkelly9801going to Europe and still muslim. What are you trying to say here?

  • @jackreacher5375
    @jackreacher5375 Рік тому +14

    I'm Muslim, I live the UK. I listened thought this was truly excellent, thank you and respect 🙏

  • @Jose-ij9hi
    @Jose-ij9hi Рік тому +20

    I am not Jewish but I have started to listen to your interviews and they are enriching, Hashem bless you for sharing thanks my brother, Shalom

  • @jessicasquire
    @jessicasquire 4 місяці тому +49

    I believe the wisest decision that should be on every individual list is to invest in a different stream of income and don't depend on the government to bring you money. It's always better to work smart and not hard.

    • @Erikkurilla01
      @Erikkurilla01 4 місяці тому

      That's perfectly correct, you don't have to depend on paid jobs to earn a living, explore other good and reliable ways of creating wealth no matter what most people say about diddle.

    • @BaffySchenck
      @BaffySchenck 4 місяці тому

      I can only speak from my experience when I advise seeking professional advice. It looks like a smart bet if you don't know where to get an experienced one, but if you don't know anything about the market.

    • @BaffySchenck
      @BaffySchenck 4 місяці тому

      I have a female advisor named Julianne Iwersen Niemann . I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

  • @Egyptnusa
    @Egyptnusa 2 роки тому +9

    From a Muslim , I have connected totally with Mr,. Horowitz and felt that we were again as Muslim community in line with everything he talked about and I realized that we are almost identical in thoughts and actions! Very enjoyable cast and will definitely follow and look forward to your next casts . Thank you for sharing .

    • @LivingLchaim
      @LivingLchaim  2 роки тому +1

      Thanks for this beautiful message. Welcome to the channel. We’re happy to have you!

    • @msmylotus
      @msmylotus 2 роки тому

      Very true

    • @love-xo4rd
      @love-xo4rd 2 роки тому

      muslims and jews are very alike in thinking we have more in common than different ❤️

  • @cheskyfl
    @cheskyfl 3 роки тому +14

    Make this go viral. So many people need to listen to this

  • @JonnyMReck
    @JonnyMReck 3 роки тому +11

    Not a Jewish guy here but man I’m really glad I found this channel. Great discussion and ideas.

  • @flatbush46
    @flatbush46 2 роки тому +69

    a lot of gems … Great episode… Im a 52 year old black man from Brooklyn a lot of what he spoke about i was taught by my father.. I will sit and watch with my children.. You can learn from anyone no matter race, religion or class..This has now become one of my favorite channels .. Finance, life principles,life lessons, religious teachings, the importance of community and family.. 💎 💎 💎!!!!! I ❤️ it!!!

    • @NK-vd6wv
      @NK-vd6wv 2 роки тому +3

      Agreed and outside perspectives can be more beneficial.

    • @markhorowitz6265
      @markhorowitz6265 2 роки тому +1

      Brooklyn!! My home town. May God bless you with everything good.

  • @harikrishnaraghuraman3348
    @harikrishnaraghuraman3348 2 роки тому +12

    I am a Hindu, and this is one of the interviews that I watched from beginning to end wishing it won’t end. It has been a great experience watching this. Thank you. Shalom to you.

    • @Tpb247
      @Tpb247 2 роки тому +4

      Itney lazy ki comments bhi copied lol

    • @edwardoemiliano8018
      @edwardoemiliano8018 2 роки тому +1

      @@Tpb247 exactly 🤣🤣

  • @marklowery8193
    @marklowery8193 2 роки тому +13

    I learned from an uncle and a mentor that saving decent money from your paycheck is better than making a lot of money in one shot trying get rich

  • @indriyatiindriyati6504
    @indriyatiindriyati6504 2 роки тому +7

    I am Indonesian moslem. This vidio gave me information to learn about the wisdom of using money. Thank you.

  • @jatikalmanigault
    @jatikalmanigault 2 роки тому +20

    When he said "I'm not a 'side hustle' guy" I burst out laughing and immediately fell in love!!

    • @CurvaLish
      @CurvaLish 2 роки тому +2

      Right?!? And he really has me thinking!

  • @adamfaliq8464
    @adamfaliq8464 11 місяців тому +1

    1. Be wary of credit card.
    2. Educate yourself on personal finance and investing.
    3. Focus on one thing. Focus and grow in your career if you have one.
    4. Be mindful that money is a tool. Meaningfulness comes from relationships. People who love you for who you are.
    5. Succesful people take full responsibility of their lives. They are humble, willing to learn.
    6. True success when 10 years later you truly becomes a better person, a higher functioning human being.

  • @monaturals9315
    @monaturals9315 3 роки тому +9

    Very true! working from home vs going into the office saved me thousands on wardrobe expenses. Heels,jewelry, apparel, perfume, etc. Not to mention eating out with colleagues and Friday happy hours…

    • @osherkline5357
      @osherkline5357 3 роки тому

      It also turns you into a caveman LOL

    • @kathleensmith644
      @kathleensmith644 2 місяці тому

      You don’t have to go out spending money with colleagues: You don’t have to spend loads of money on clothes just for work. Have a few that are smart but interchangeable. Have a mindset like mine and ask yourself is my money better in my bank or is it better in theirs? No competition.

  • @adilski
    @adilski 3 роки тому +35

    Muslim here. Loved this talk and the Rabbi’s ability to connect with his audience. I learned a few gold nuggets today. Thank you .

    • @emmanuelyambo4143
      @emmanuelyambo4143 3 роки тому

      I am glad you don’t agree with your Quran cos it tells you Muslims to hate Jews and Christians!!!

    • @momoney00can
      @momoney00can 3 роки тому +4

      @@emmanuelyambo4143 no it does not. If that was the case most Jews would be killed off in the Muslim empires from 600-1800AD. 1200 years and not one genocide of the community. In fact the Ottoman Empire took in Jew refugees from Spain in 1490s. there are good Muslim’s and bad Muslims just like a good Jews and bad Jews. Life is to short to be biased. Don’t judge people on their skin Color or believes. Make your money and live your life.

    • @HatovimLeTayis
      @HatovimLeTayis 3 роки тому +2

      @@emmanuelyambo4143 Turkish, Moroccan and Persian diplomats and leaders saved thousands of Jews from the Nazis. Many of their Xtian contemporaries can’t exactly state the same. No countries ever have been more hostile towards Jews than Xtian ones. Especially in Europe.

    • @emmanuelyambo4143
      @emmanuelyambo4143 3 роки тому +3

      @@HatovimLeTayis read your Quran before you make such claims!! If any Muslim says we love Jews then he or she is not following their Quran!!!

    • @mikek545
      @mikek545 3 роки тому +3

      @@emmanuelyambo4143 Professional Troll 🤣

  • @qadeerkhan1593
    @qadeerkhan1593 Рік тому +5

    I'm a Muslim and feel very happy and impressed to hear such wise and wonderful discussions of my jew brothers but unfortunately have no one around me to meet.
    Regards

  • @smartmouthriveria
    @smartmouthriveria 2 роки тому +7

    Can't help but appreciate a culture that puts accountability and selfcontrol in the forefront.

  • @abr7192
    @abr7192 Рік тому +5

    I have watched this episode several times and always feel more educated on life. Thank you Mr. Naftali Horowitz. I appreciate you sharing your wisdom.

  • @IVNVKNG
    @IVNVKNG Рік тому +1

    As a Eastern Orthodox Christian. I appreciate this. The honestly and authenticity is fantastic. I pray for more open discussions. Imagine we all work together for a shared goal we can work on. Virtuous. No deals. Real love.

    • @realestaterelief
      @realestaterelief Рік тому +1

      Greek Orthodox. We need these principles in our churches

  • @SovereignMax
    @SovereignMax Рік тому +4

    Im black from usa, I appreciate this talk

  • @martinnduati1132
    @martinnduati1132 3 роки тому +45

    'Nothing is for free... There is a trade-off in everything we buy'. Profound.

  • @Alextube30yahoo
    @Alextube30yahoo 10 місяців тому +3

    I do not belong to any religion, but I find Kosher Money very useful. I wish that I was guided from early age according to these values.

  • @gkennedy2998
    @gkennedy2998 3 роки тому +95

    Mr. Horowitz made an excellent point: spending on one thing means not spending on another. You have to make wise choices. The tuna sandwich analogy was perfectly understandable. Having money for your family and your retirement takes wisdom and a rational strategy through both up and down markets.
    Thank you for posting this talk.
    The common sense advice conveyed in a calm tone was very helpful.

    • @BeyalaBaDingo
      @BeyalaBaDingo 3 роки тому +3

      Thank you for sharing. Personally I suck I finances, so I rely on my brave wife😬 and these type of podcast, to brainstorm me.

    • @varunemani
      @varunemani 3 роки тому +2

      Every fancy corner cafe owner after listening to the save on 5$ Latte advice , Hope this does not spell trouble for Latte business in the aftermath!

  • @lydiaheelu2681
    @lydiaheelu2681 3 роки тому +40

    I enjoyed the rest of the vide but man, when he started talking about what true success means, that took it to another level. Being rich and being successful are two different things. Finally somebody said it and unapologetically at that. Thank you Rabbi 🙏🏾🙏🏾

    • @mmp495
      @mmp495 Рік тому

      Time stamp please

    • @MamaHarperr
      @MamaHarperr Рік тому

      @@mmp495 probably around 48:00

  • @elbacaplan6915
    @elbacaplan6915 4 місяці тому

    Iam catholic and really enjoyed watching this video, and learned a lot. One of the best advice I have heard, about money management.
    Thank you Mr. Naftali Horowitz. God bless you. From London

  • @cabdallecabdikaafi4215
    @cabdallecabdikaafi4215 2 роки тому +28

    One of the quotes naftali says " don't spend money you don't have " it means don't be in a debt ever. Great quote😍

  • @neapolis2789
    @neapolis2789 2 роки тому +5

    I’m not Jewish Horowitz save people life! Deeply in my heart Thank you!

  • @jlawrence0181
    @jlawrence0181 6 місяців тому

    I listened to this podcast three months ago. I came to that realization about five minutes in. However, I could NOT skip listening to it again as there is so much good advice.

  • @AndrewAzurdia
    @AndrewAzurdia 2 роки тому +66

    The Range Rover story is so true. I owned a $50,000 truck and I felt bad spending my hard earned money on it so I traded it in and bought a $19,000 car instead. I don’t care what anyone thinks about my car, they’re not paying my bill, I am. It’s the mentality of not caring about what people think of you is important. I went to the mall once and asked the sunglasses salesman if my $12 sunglasses looked cheap, he said yes, but he said his expertise and experience selling and collecting sunglasses is the only reason why he can tell. He added, nobody’s going to notice my cheap sunglasses, so I put down the $400 Prada sunglasses and told myself it’s not worth it.

    • @Maria-oh1nq
      @Maria-oh1nq 2 роки тому

      Are you a white american guy?

    • @grantstacy1084
      @grantstacy1084 2 роки тому +1

      Salesman fail. But he was right

    • @carlosaparcedo4096
      @carlosaparcedo4096 2 роки тому

      how much did you lose when you traded it in though

    • @learnEnglishwithhannah5724
      @learnEnglishwithhannah5724 2 роки тому

      Je s

    • @truth.speaker
      @truth.speaker Рік тому

      ​@@carlosaparcedo4096there was a 31k gap, so he likely would be 20-35k better off (the market has been wild over the past 2 years)

  • @tchamp72
    @tchamp72 3 роки тому +45

    I'm going to have my wife watch this with me, mostly for his definition of success. He just oozes wisdom! I need to read his book. These are just fantastic words to live by.

    • @naturallyannielove2626
      @naturallyannielove2626 3 роки тому

      Ohhh my God anyway I know will be more important for you too 😂😂😂😂

    • @nurahfosu9731
      @nurahfosu9731 2 роки тому

      My hubby and I watch this together. It helps us indeed.

  • @ElizabethToussaint-m8t
    @ElizabethToussaint-m8t 10 місяців тому +3

    I am not Jewish but I really appreciated this video. Thank you.

  • @RavnerRavner
    @RavnerRavner 2 роки тому +40

    Rabbi made his points logically, calmly and with kindness. Take note Dave Ramsey. This is how you reach people.

  • @fbani7883
    @fbani7883 Рік тому +4

    wise people are not limited to religions, they are limited only to humanity, well done Reb!

  • @tony-the-tigerjohns3294
    @tony-the-tigerjohns3294 2 роки тому +1

    What a great interview. During the first part when he was speaking about people with money trouble it felt like I was listening to a kinder, gentler, Jewish version of Dave Ramsey. Now, to go find Episode 1.

  • @xavierramirez1843
    @xavierramirez1843 3 роки тому +16

    I am Ecuadorian living in the USA, and have always wanted to get the financial knowledge of Jewish people, but hast been easy to get close to them, but now I feel so blessed to find this info here in UA-cam, thanks so much 🙏, appreciate your job.

    • @e2ndcomingsoon655
      @e2ndcomingsoon655 3 роки тому

      Hello fellow Ecuadorian! I’m from Ecuador too! I live in the US as well. Great great teachings! I also recommend you to watch and also learn from Dave Ramsey. And the financial peace university also compiles this knowledge and it can really help you. I really needed to hear this, every 4 to 6 months I have to steer my financial life to keep it healthy and follow this type of teachings. Very refreshing to hear them from the Jewish Community, Our Creator will bless them for trying to keep us all financially healthy. I do eat kosher, try to live in places with less crime, try to put my kids in schools where they will not be brainwashed. I can learn a lot from this too, thank you to the people in the video.

    • @xavierramirez1843
      @xavierramirez1843 3 роки тому

      Thank you. I have always believed that nothing happens for no reason, I’m always looking to get better information to improve my finances. Glad to see your comment, I live in NJ, any time your around let me know so we can have a coffee 👍🏽

  • @ea.charles9176
    @ea.charles9176 3 роки тому +6

    As Africans we can definitely learn a lot from these industrious folks who have also faced and emerged from much adversity particularly with regards to nation building, development and generational wealth. Salamu!

  • @AJAJ-ec3ss
    @AJAJ-ec3ss 2 роки тому +1

    52yo atheist from Australia here. Great talk thank you very much. No credit cards or debt, about to pay off my house, no family, plan to funnel my income into building wealth to establish a science scholarship in the name of my aunt.

  • @michaeld2613
    @michaeld2613 Рік тому +5

    I am not Jewish. The UA-cam algo brought be here. I just want to say this was an amazing conversation. I wish more young people were exposed to information like this. Mr. Horowitz' observations are spot on, not just about money but about life and happiness in general.

  • @RyanContreras72
    @RyanContreras72 Рік тому +107

    I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity

    • @blessingpaul5484
      @blessingpaul5484 Рік тому +2

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @KatherineAnderson-lm8bw
      @KatherineAnderson-lm8bw Рік тому

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @RyanContreras72
      @RyanContreras72 Рік тому

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @SophiaBint-wj8wn
      @SophiaBint-wj8wn Рік тому

      Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @ConnieGriffith-u4z
      @ConnieGriffith-u4z Рік тому

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

  • @lunchbox6576
    @lunchbox6576 Рік тому +1

    Buying vanguard index funds is where i was planning to put my inheritance. I appreciate this mans advice.

  • @Camellia303
    @Camellia303 3 роки тому +12

    There are so many motivational speeches regarding money, wealth and etc from different well known speakers. This is the best interview I’ve ever heard with the best perspective and wisdom. The guy just nailed it to the point.

  • @TheTruthBombNY
    @TheTruthBombNY 3 роки тому +46

    I’m 55 years old. No retirement savings. I’m a real estate sales agent. Not sure how I will build enough at this point. But this video helped me to not live beyond my means and to be comfortable with a basic lifestyle .

    • @amazingeducationquestionsa1367
      @amazingeducationquestionsa1367 2 роки тому +4

      Holy smokes be a landlord to afford retirement. Move into a small place or let out rooms to start, rent out your home or rental property.

    • @mike.p.1400
      @mike.p.1400 2 роки тому

      Your almost screwed. But there are ways.
      And they ain’t gonna be pleasant.

    • @TheTruthBombNY
      @TheTruthBombNY 2 роки тому

      @@mike.p.1400 like what?

    • @mike.p.1400
      @mike.p.1400 2 роки тому

      @@TheTruthBombNY if your healthy you might have ten years.
      If your smart you could more than that.
      The fact that you are content is a good thing.
      Are you married ? Any kids ? Responsibility’s ?
      Because these things could complicate things.

    • @TheTruthBombNY
      @TheTruthBombNY 2 роки тому +2

      @@mike.p.1400 Live with my 26 year old son. He will be independent soon. He is starting a new job for the city, so it will just be me. 55 years old . Aside from prostate complications , no issues. I should go past 80 if I can resolve the prostate issues. Most people think I’m in my 40’s. My income is not great but the potential is there . Im a real estate agent. One day I have almost nothing next day 15,000 on a sale in NY . But inventory ratio to agents not good. Homes sell themselves.

  • @HugginsAntonina
    @HugginsAntonina 3 місяці тому +362

    How can i be able to invest with out encountering any form of loses

    • @SheriHartley-i3h
      @SheriHartley-i3h 3 місяці тому

      Same here. Evelyn managing my portfolio was my best decision. I have withdrawn over $280k

    • @MilnerSindy
      @MilnerSindy 3 місяці тому

      Meeting Evelyn changed my life. I was struggling to make rent now im looking at houses to buy

    • @MieshaRobson
      @MieshaRobson 3 місяці тому

      Leveraging market changes is a relevant talent Evelyn has

    • @CoraFerguson-x4o
      @CoraFerguson-x4o 3 місяці тому

      True, she is a pro at navigating the market

    • @ChristinaWebb-b1p
      @ChristinaWebb-b1p 3 місяці тому

      Been hearing and seeing lots of comments about her. Please How can she be consulted?

  • @beckys8332
    @beckys8332 2 роки тому +15

    I learned so much from your conversations with Rabbi Naftali. You had the guts to ask the questions I would’ve like to, and Rabbi Naftali is not just smart, but super wise. Thank you!

    • @morehn
      @morehn 2 роки тому +2

      He was a mensa genius, too, so he's really smart.

  • @jasonweishaupt1828
    @jasonweishaupt1828 3 роки тому +12

    Jewish folks know how money works! I appreciate the $ advice from my Jewish friends and shows like this bring to me. Thank you

    • @svietka202
      @svietka202 3 роки тому +1

      don't know why but something really doesn't sit well with me and your remark

    • @abethereal
      @abethereal 3 роки тому +2

      @@svietka202 probably because Jews are usually blamed for all the worlds problems. The comment seems more like a praise than slick talk. Statistics do speak for themselves though the Jewish community are great when it comes to their finances for the most part

    • @tchamp72
      @tchamp72 3 роки тому

      @@svietka202 I think you may be bothered by the Jewish stereotype of being good with money

    • @WAdelstein
      @WAdelstein 3 роки тому

      @@svietka202 it’s a generalization as the guest specifically said many Jewish people are not budgeting properly. But I don’t mind the stereo type. I live part time in a Catholic of course poor country. I see hungry people getting tattoos. I see rich people frivolously spending and some end up losing their wealth status, heavy gambling and I see poor people mishandling money. Waste everywhere I turn. Yet in the small Jewish community no one has gambling debt, no bar tab debt, no drunken rampages and our poor congregants don’t waste money on tattoos. But, the community albeit small is quite charitable per capita. There is a difference and it’s ok to point it out and would like such wisdom to take hold.

  • @vynilrob9719
    @vynilrob9719 2 роки тому +4

    Naftall Horowitz just may be my new best friend! Dude is dropping bars! Excellent vid, folks!

  • @georgelimlosuy
    @georgelimlosuy 3 роки тому +40

    One of the best advice I have heard regarding money management. Saving money is the first step in building wealth.

    • @sakhalittle9206
      @sakhalittle9206 2 роки тому

      @Eric Douglas you don't need one if you got time. read materials on this, watch videos on this, you will be alright

    • @thehunter9853
      @thehunter9853 2 роки тому

      @Logan Carter I listened to Sandra Y Webster's podcast on Nft bubble last Tuesday. She's vast i give it to her though i haven't worked with her. Learnt she's a top director too.

  • @SSB-gq5tu
    @SSB-gq5tu 3 роки тому +7

    Im a German Japanese and Africa man and this video is 👍

    • @happywednesday6741
      @happywednesday6741 2 роки тому

      A German, Japanese, and African man walk into a bar...

  • @Ammo-Hoarder
    @Ammo-Hoarder 2 роки тому +107

    We were the poorest family I knew after my parents divorced and mom became terminally ill. I was homeless briefly at 19 but had a car paid for in high school and a positive net worth with college savings and a full scholarship all earned in high school. Graduated From college with honors and a positive net worth and a good engineering job I kept until retiring after 38 years. After age 31 I never paid a penny in consumer or mortgage interest, using cash reserves for everything purchased. I bought fixer upper homes and on the third house, I paid cash in an upper middle class neighborhood at Age 33. I had my first million net worth at age 40, bought beach rental properties and was a multi millionaire by 45. Retired at 59 with a net worth approaching $5 million. Saving and investing in appreciating assets allowed me to accumulate almost twice that of every penny ever netted in a paycheck. It CAN be done the hard way.

    • @IAMBETTERTHANYYOU
      @IAMBETTERTHANYYOU 2 роки тому +5

      These are the people we need. I was also born into poverty and worked really hard. I don't buy stupid stuff but I definitely cannot be considered poor anymore. Thanks for working hard my friend. People don't understand education (trade, college, journeyman) IS the opportunity people in poverty keep complaining they don't have. I work in construction and so many foremen only have a high school degree but now they live the white picket fence because they worked hard. The first 100k is the most difficult one because it's looked at from a 1k perspective which means you need to 100x. That's waaay more difficult than 10x that 100k to 1M.

    • @MatthewVinson
      @MatthewVinson 2 роки тому +4

      @@IAMBETTERTHANYYOU Part of what makes the first 100k tougher is you're new. I made rookie mistakes (dividend investing) the first year or two, and investing wasn't as routine. It took over 3 years to hit 100k, cheerfully accepting 10% returns. The 2nd 100k took a little over a year once I switched to growth stocks. Once you're getting good returns, you start throwing everything at it. Get a bonus? Invest it. Get a raise? Invest it. Tax refund? Invest it. Fiancee returns your ring? Invest it.

    • @elizabethyork590
      @elizabethyork590 2 роки тому +1

      As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.

    • @Americanpatriot723
      @Americanpatriot723 2 роки тому +7

      @@elizabethyork590 I always believed in long term Investment as a savings vehicle for retirement. As I am a passive investor, with a day job which does not allow me to monitor stocks movement actively, DCA is the only way. Or else, if I have a bigger capital pot I have to engage my Financial-Advisor "LISA ELLEN SHAW" who has made me understand that you must have a strategy to outperform the index. So i do not worry about short term performance that's why i mirror her trades. So far in 2022 i have accrued north of CAD 456k under her guidance.

    • @elizabethyork590
      @elizabethyork590 2 роки тому

      @@Americanpatriot723 A great start to financial freedom! how can i reach her? I need to get ahead.

  • @skqq3250
    @skqq3250 2 роки тому +15

    I love love how he knows how much it costs to make a tuna sandwich. He really broke it down. Priceless. If we stay away from the marketing games….we all will be richer for it.

  • @aaaaachew
    @aaaaachew 3 роки тому +6

    I would show this to every student in high school so they can understand the value of money.

  • @iambrian769
    @iambrian769 2 роки тому +1

    I Listened This From The Caribbean 🇻🇨 3.23.22 And This Blew My Mind With So Much Knowledge.

  • @Sander1945
    @Sander1945 3 роки тому +15

    We all can learn a lot from this man. He explains so well and he speaks from his own experience, not from theories out of books.

  • @donnagreer3882
    @donnagreer3882 3 роки тому +8

    I love it, this is one authentic Interview! He said "I am my own investor" and "I am not a side hustle type of guy"!

  • @ethanscroggins595
    @ethanscroggins595 2 роки тому

    I am not a Jew I am what some would call in your community a Goyim but Naftali Horowitz shared with an open and honest heart things that were great wisdom keys and I am Thankful

  • @Mohamed8o
    @Mohamed8o Рік тому +6

    I'm a Muslim and i really learned too much about money today from u
    thanks

  • @vikaszacharia
    @vikaszacharia 2 роки тому +6

    I'm a Christian, enlightened today by knowing the Kosher Money. ❤

    • @vikaszacharia
      @vikaszacharia Рік тому

      @@islandhopper100 Surely, Money has nothing to do with religion, of course, but religion can provide the insight to use money properly for the betterment of humanity.

  • @oscarzepeda1558
    @oscarzepeda1558 Рік тому +2

    My, o my…. That was extremely powerful !!!! I’m going to listen to this interview again and get his book…. Thank you very much…

  • @indranidasgupta1511
    @indranidasgupta1511 2 роки тому +13

    Mr Horowitz is super practical guy!!!

  • @HodgeChris
    @HodgeChris Рік тому +207

    The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

    • @carssimplified2195
      @carssimplified2195 Рік тому +2

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

    • @Justinmeyer1000
      @Justinmeyer1000 Рік тому +1

      @@carssimplified2195 Please can you leave the info of your investment advisor here? I’m in dire need for one

    • @carssimplified2195
      @carssimplified2195 Рік тому +1

      @@Justinmeyer1000 My Financial adviser is ‘’Christine Jane Mclean’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

    • @Justinmeyer1000
      @Justinmeyer1000 Рік тому

      @@carssimplified2195 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @georgekpodovia6517
    @georgekpodovia6517 10 місяців тому +1

    I wished I could meet Rabbi Naftali Horowitz one day. He is such a wise man and very humble. May Ha Shem continue to bless him 🙏

  • @CrazyWatcher670
    @CrazyWatcher670 2 роки тому +10

    Go to 48:00 that’s where he tells real success. Very true. Touched my heart!

  • @crissidares8461
    @crissidares8461 3 роки тому +17

    Discipline, hard-work, and willingness to learn! (47mins in)

  • @proadlekopy
    @proadlekopy Рік тому +1

    He's one of the best simple speakers i feel

  • @donaldkirchhofer2166
    @donaldkirchhofer2166 3 роки тому +13

    This interview provided excellent advice and wisdom for life. I am Roman Catholic and 99% of what he said was taught to me by my own family. These principles transcend all faiths and cultures.

  • @stephanierickman4650
    @stephanierickman4650 3 роки тому +17

    Successful people vs rich people. Such an important distinction. I love this show. I am a Christian woman and appreciate this view. I love the deep wisdom here. Thank you. Thank you.

  • @happygirl8298
    @happygirl8298 3 місяці тому

    I could listen to this rabbi/money manager for hours.

  • @angusseletto1511
    @angusseletto1511 Рік тому +6

    What a great way to spend an hour waiting for my Daughter on an after school pick up.
    Won't miss the next ones I can watch.
    Thankyou and God bless

    • @angusseletto1511
      @angusseletto1511 Рік тому

      Hi What's your email I can contact you on please.
      Thankyou

  • @frankjanssen9691
    @frankjanssen9691 2 роки тому +4

    Wow i am a protestant from Cameron centraal Africa and i am learning from the jewish community about money

  • @HamidRHariri
    @HamidRHariri 2 роки тому +1

    His comments on credit cards are 100% correct. Take heed people.

  • @Patty77Barboza
    @Patty77Barboza 2 роки тому +5

    I have warched/listened from the podcast about 5 times and each time there is more and kore understanding .. BTW! The book is gold

  • @cjustinepierre
    @cjustinepierre 2 роки тому +4

    This man is the wisest person in the world.

    • @sarahconner9433
      @sarahconner9433 2 роки тому

      Chief of finance at Chase Bank!!! Did you miss that part of the video??