The Secret The Rich Don’t Want You To Know About Money | How To Manage Money Like The Rich

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  • Опубліковано 12 чер 2024
  • In this video, I share with you how leverage works and how to manage money like the rich!
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    Music Credit: Bensound - Dreams

КОМЕНТАРІ • 38

  • @omarlyons500
    @omarlyons500 4 роки тому +7

    Leverage! You got it, Boss!

  • @De_Lars
    @De_Lars 4 роки тому +5

    Leverage is being able to use more time then available or use more money then available. This last one (example on the house) is how fractional reserve is created it's a leverage of 10% to 90% explained if you have a hundered dollars you can lend out a fictional amount of 90% of every dollar as long as you keep 10% stored. This is the greatest leverage there is together with outsourcing and digital platforming. I like the video's it's KISS.

  • @chiefaithjoy9748
    @chiefaithjoy9748 4 роки тому +6

    I felt like buying books after watching your vlogs 😁😊

  • @aazifahzan
    @aazifahzan 4 роки тому +26

    If you are not willing to risk the unusual, you will have to settle for the ordinary. Jim Rohn
    Agree? -then give 👍
    Not Agree? - Tell me why in 💬

  • @ratjuice3665
    @ratjuice3665 4 роки тому +5

    You CAN work an 8 hour day and become rich as long as you are not working for a corporation that caps your income. See, they want to pay you just enough to come back the next day. Bondage my friends.

  • @jeremiahandrew9188
    @jeremiahandrew9188 4 роки тому +2

    Right now my boss using me as a leverage so I can make he become rich I work from 10AM to 10PM I watch this video n I want to leave my work now I fed up but I want to be rich n I working on it saving to invest to start a food business I am a chef. But thanks much for the video

  • @saidinesh7595
    @saidinesh7595 4 роки тому +2

    Time and money leverage is Very much important.

  • @holson2112
    @holson2112 4 роки тому +2

    First video ive seen. Solid content! Thank you!

  • @theartofmastery3674
    @theartofmastery3674 4 роки тому +2

    Really liked the video and the animations👍 Keep it up

  • @adamdelduca2064
    @adamdelduca2064 4 роки тому +3

    So that’s their secret! Thanks Betterment Boss!

  • @adeli979
    @adeli979 4 роки тому +3

    Wow I never knew this went on. Thanks!

  • @simonloo1588
    @simonloo1588 4 роки тому +1

    Basically theoretically you are right , but that not the key, this is just the basic .. the key is what business you can find to do to fulfilled a demand over sustainable period. Many jump in with this thoughts and failed as they just cannot understand what is real demand ...that can justified their efforts and time

  • @bethanytorah3578
    @bethanytorah3578 4 роки тому +2

    Leverage your money!! That's the secret that a lot of money don't understand or don't want to use!

  • @roxannehiga7949
    @roxannehiga7949 4 роки тому

    Thank you so much. Smart Video. Komol tata.

  • @rillawhat8142
    @rillawhat8142 4 роки тому +7

    Broken down perfectly.
    Great video!

  • @jomii9
    @jomii9 4 роки тому +1

    Good video! Thanks

  • @galeretacco8537
    @galeretacco8537 3 роки тому +1

    Best book is Rich Dad Poor Dad by Robert Kowasaki

  • @adamnyambala5607
    @adamnyambala5607 4 роки тому +1

    Bettermen is the best kept secret

  • @user-yf7zg9ku8i
    @user-yf7zg9ku8i 3 роки тому

    انا سعيدة جدا أنني اشاهد هذا الفيديو مرة ممتع ومسلي ومفيد جدا ✨🦋

  • @Dr.A.Rosenberg
    @Dr.A.Rosenberg 4 роки тому +3

    Wow the key to unlocking wealth is buying a fancy sports car and impressing everybody ! Thanks .

  • @irisyvonnefelongco757
    @irisyvonnefelongco757 4 роки тому +1

    Yey... I'm way too early. Haha

  • @jenny01317
    @jenny01317 3 роки тому

    The one factor not mentioned in the video is risk (e.g. borrowing to buy assets). Otherwise good content

  • @roxannehiga7949
    @roxannehiga7949 4 роки тому

    Video ✋rich. Smart. Video. ✋

  • @gopalggopalg4565
    @gopalggopalg4565 3 роки тому

    Excellent bro I have sucess the five thousand dollars

  • @ilovecookiestoo
    @ilovecookiestoo 3 роки тому

    Work in oil and gas and if you live within your means you'll rack up a small fortune in few years

  • @paulrivera3252
    @paulrivera3252 3 роки тому

    How many people think big and actually do what they dream? Realistically, how many companies can be leveraged? Everyone of them?

  • @jaspermontes8920
    @jaspermontes8920 Рік тому

    For the algo

  • @daniellebellamy7965
    @daniellebellamy7965 Рік тому

    My dad has been working for himself for all my life. He doesn't care about getting rich.

    • @princemomson9168
      @princemomson9168 3 місяці тому

      That's how to always sleep very well at night.

  • @Gitohandro
    @Gitohandro 4 роки тому

    So basically hire people? Wow that's your big secret?

  • @Hadezul2
    @Hadezul2 2 роки тому

    Bribing politicians!

  • @dr.mahadevphad7903
    @dr.mahadevphad7903 4 роки тому +1

    I really like this but make the video language little bit slow pronouncing because not good at English but still watching videos ya that’s awesome knowledge and thanks for.

  • @nancyroth4828
    @nancyroth4828 4 роки тому

    Being rich is 'EVIL' if you're Trump ! ! ! 😠😠😠👹👹👹😤😤😤😳😳😳💩💩💩🚔🚔🚔

    • @zgblundell
      @zgblundell 4 роки тому +1

      Must be an ignorant democrat

  • @gearhead366
    @gearhead366 4 роки тому +1

    This is the worst advice I've seen on any financial channel. If you are able to leverage your assets, and start up a business, and manage a team of employees, you aren't watching YT videos on how to get rich. This is WAY beyond my skill set. This is similar to what MLM salesmen peddle, and get rich scam artists. What it NOT beyond my skill set, however, is investing 10-20% of my income in savings and/or retirement accounts. That's simple, and countless people have amassed multiple millions doing just this. This video describes what you might do if you had a degree in Business.

    • @IBeLady
      @IBeLady 4 роки тому +2

      Actually.... You do not need a business degree in order to leverage and follow this vid. If you have legitimate skills or products that are NEEDED, then you will be in demand from fulfilling a "See a need..Fill a need" mentality. Like, I began co-running a cleaning service in 2007 which grew 100's of commercial and residential window cleaning accounts, and we consistently need more hands on deck because the schedule became too full. We also added other needs such as power washing and appointment only auto detail for every day customers and business owners. We also added real time and virtual advertising for needed products & services and more. The more hands on deck and money earned, the more we can continue to leverage and create more opportunities for those really looking to take righteous advantage of opportunities created. Remember.... "See a need fill a need". File a DBA and LLC. Get a tax ID number. Study your market. Target your market. Keep learning. Keep growing. 👊🏽

  • @Hadezul2
    @Hadezul2 2 роки тому

    Lol. It's not bad because "everyone is different"? Skirting dangerously close to suggesting inherent superiority/inferiority belieafs!