How You Are Programmed To Be Poor (And How To Escape)

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  • Опубліковано 28 лис 2024

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  • @GabeBult
    @GabeBult  2 роки тому +3

    Become a smarter investor in minutes by signing up a free trial of Finimize with my link bit.ly/FinimizeGabeBult0

  • @HairyKnees1
    @HairyKnees1 2 роки тому +19

    My kid’s high school has a class called “transitions” & skills like banking and saving are taught in that class. It’s basically meant to fill gaps in the education system and help kids learn skills needed as adults.

  • @newyou9914
    @newyou9914 Рік тому +9

    Setting your own hours as a farmer sounds great when you hear it. But coming from a family of farmers, I can assure you, they had to be up by 4:00 a.m. everyday...7 days a week!

    • @ItsMrLee
      @ItsMrLee 6 місяців тому

      If you call all your hours setting your own hours lol
      Sorry would have replied a year ago but I was farming.

  • @hopesprings4034
    @hopesprings4034 2 роки тому +21

    This was brilliant! This is why I homeschooled my son from kindergarten on,giving him time to dive into his passions of cybersecurity and the music industry and data, things that no middle school or high school taught.
    He’s now a senior in College and he has been offered a job in cyber security for a global firm! And, He goes to so many concerts and plans to have a side hustle in something to do with the music industry.
    Not the perfect parent or the perfect son… But this is the perfect UA-cam video for encouraging and inspiring others to think outside the box. Especially when the box is a system that is failing our kids. Thank you so much!

    • @pce12345
      @pce12345 2 роки тому +1

      Great stuff!!

  • @melindastanners
    @melindastanners 2 роки тому +37

    This really crystallised some things that I've been reflecting on over the last few weeks - that the values instilled in school don't lead to financial freedom, and the social norms of our culture ('Nice to meet you. So, what do you do?') reinforce societal values of work-as-identity. Great food for thought as always, Gabe.

  • @victoriabroyles6467
    @victoriabroyles6467 2 роки тому +14

    Trying + Failing = Learning : Failure is a temporary result or set back, Each failure should teach you a new way to approach your objective". -Charles Platkin

  • @stevec404
    @stevec404 2 роки тому +6

    It all boils down to the one word: 'Mindset'. Once we imprint on certain ways of thinking (especially in our early years), they become our default programs...and all future efforts to change them are exceedingly difficult. We often do not even have any idea that they are controlling us.

  • @ZO6Buccaneer
    @ZO6Buccaneer 3 місяці тому

    Agreed that so much of finance mindset revolves around who you spend time with (family, friends, coworkers). If they go out all the time, buy fancy things, drive flashy cars, complain about not having enough money, etc., then you’ll feel pressure to be like them. But if they are more responsible, you will feel absolutely zero pressure to waste your money on these unnecessary things.

  • @getsugatenshoFTW
    @getsugatenshoFTW 2 роки тому +8

    Instead of saying that you brainwashed yourself to think more about being smarter with finances, I think it's better to say that you rewired or reprogrammed your mindset. "Brainwashing" yourself has a negative connotation and might paint the wrong image for a split second. I'm not sure if that was intentional, but just something I noticed.

  • @johnclaybaugh9536
    @johnclaybaugh9536 2 роки тому +2

    The government isn't all bad. They help me be independent even though I'm disabled.
    And it's not that we can't. It's about priorities.

  • @BrainyExpressYouTube
    @BrainyExpressYouTube 2 роки тому +8

    Your Intro was GREAT!! LOL! You can tell how much work you put into your craft! I always get something out of your vids. School (to some degree) doesn't give us the LIFE advice we need, or it leads us down the wrong path with misguided info.
    We truly do live by a "Structured Life" based off of society, media and what we learn at a young age.
    FRIENDS! Best show ever! ❤️

  • @christiS907
    @christiS907 2 роки тому +5

    Yes. My dad grew up with farming parents and a one room school.

  • @pharmclare
    @pharmclare 2 роки тому +5

    Definitely just do it, take action consistently. Failure is a small bump in the road. Helpful content Gabe. Thanks for sharing

  • @debbic2055
    @debbic2055 2 роки тому +4

    I find it interesting that you think farmers don’t have structured lives. To survive they are extremely hard workers with long, hard hours.

  • @juliemarkham4332
    @juliemarkham4332 2 роки тому +3

    "Role models" we've grown up with, who flaunt their wealth, (sports stars and celebrities) have also "educated" us towards the push for wealth.

  • @evalindell2757
    @evalindell2757 2 роки тому +19

    Most people before the industrial revolution were very poor and had no means at all going from day job to day job and living were ever they could find shelter or living in horrible quaters at the big estates working endless hours. The small independent farmers were often starving and it was way harder than we can imagin! It was not better for humans! But nature thrived in those days. I love all your content but to romanticize old days is not good! Making people aware and independent thinkers is great! 👌

    • @LDM805
      @LDM805 Рік тому +1

      What was he romanticizing? Nothing he said about industrial education was wrong.

    • @evalindell2757
      @evalindell2757 Рік тому

      @@LDM805 No nothing with that. I think he is spot on! Schools started so that kids would learn how to be obedient, trusty workers. Just the way he made it sound with the farmers life.

    • @liamthompson7155
      @liamthompson7155 Рік тому +1

      @@evalindell2757Actually small farmers have it pretty good. Not sure if you’ve ever met Amish people but there’s a large Amish community where I live and they’re chillin just enjoying life. Happiest people I know.

    • @evalindell2757
      @evalindell2757 Рік тому

      @@liamthompson7155 Today we have a totally different society so lots of farmers are doing very well indeed. Lived with Amish around us as a teen so I have seen them too. But we KNOW from list when first world war started in Europe that the majorety of farmers and people working at the big houses were in poor condition. So much so that they could not enlist and fight. The goverments in several counties were talking about this after the war as it was dangerous to not have enough soldiers or young men that could become soldiers. Someone had to be able to defend the land. I am NOT talking about recent years. A hundred years ago or more. Then it was like it is today in certain developing countries, really tuff!

  • @emmasheppard2639
    @emmasheppard2639 2 роки тому +2

    This is why I home educate my daughter and teach her about the stock market. The education system is such a terrible mess

  • @thenewwayhome
    @thenewwayhome 2 роки тому +9

    This is truly relevant and a great way to ponder things. What we see in our society these days is that almost every person easily jumps on the bandwagon and conforms to what is on the trend. We have forgotten to exercise our individualistic thoughts. Excellent content, Gabe!

  • @rziviski
    @rziviski 2 роки тому +5

    You never stop improving!!!

  • @fightingyap960
    @fightingyap960 2 роки тому +10

    Really like your last words...
    "What's the point of achieving financial freedom if you have no one!" 😢

    • @CAGChannel1
      @CAGChannel1 2 роки тому +4

      I have to say though after having some tragic losses one after another and ending up in this bubble space of one for a while, being financially stable was a great blessing. I would not have been able to crawl out of that bubble and attempt to connect with anyone if I didn’t have, at least, that stability to not worry about also.

    • @hautecouture2228
      @hautecouture2228 2 роки тому +4

      You could have no one and be in a financial mess at the same time

    • @kate60
      @kate60 2 роки тому +2

      You will get old. You will need a surplus for when you cannot work. As you age it's hard to find a good pay job. Save now so you can be secure later. Be not deceived

    • @CAGChannel1
      @CAGChannel1 2 роки тому +2

      @@kate60 and…as you age, there is loss. People pass, children move on, and it’s so much harder to have that “social” support around you daily. I would argue that having finances in a good place is even more important as that social circle gets smaller and smaller and may, at times, disappear altogether. Strength is needed at this time and not having to waste stress on serious financial issues is crucial.

    • @wonover8895
      @wonover8895 2 роки тому

      What about the corrupt nursing homes that take all your life savings?

  • @rikardsaje
    @rikardsaje Рік тому +1

    Really good video, I always struggled with 'the system ' and I use to work really hard but it didn't really get me anywhere and my colleagues were obsessed with overtime but I tried to explain that this is your time. Since then I've become fairly free, I basically work 1 day a week but not hard work and I've got much more money and time...work for yourself and be smart with your money.

  • @anns9456
    @anns9456 2 роки тому +5

    There’s so much knowledge with each on your videos, it’s crazy. I have been watching your past videos as well and you really give some good and actually achievable advices. You’re the man Gabe 🙏

  • @godskisonsunday
    @godskisonsunday 2 роки тому +3

    the Industrial Revolution to me is just like a story I know called "The Puppy Who Lost His Way"

  • @davidparker5345
    @davidparker5345 2 роки тому +24

    Matt D'Avella is back after some well deserved time off.

  • @cheekymonkeygirl3378
    @cheekymonkeygirl3378 2 роки тому +6

    I always get a lot of value out of your videos. ❤

  • @SelfCareWithMilly
    @SelfCareWithMilly 2 роки тому +5

    Gabe the introduction to this video really had me cracking up 😆 I’m really enjoying watching your work evolve. I think I’m now fully up to speed after binge watching for the past few months.
    I couldn’t agree with your sentiments any more in this video. Thank you for being an outlet for us to have a more fullfilling life.

  • @Abalone6
    @Abalone6 2 роки тому +2

    Can you make a video about the podcasts/ audiobooks platform you use? Listing people to follow and listen to for financial advice, and listing the audiobooks with a short briefing. Would be super helpful! And if not can you do that in a comment here? 😃 Thank you for your precious material you provide!

  • @cboyer4109
    @cboyer4109 2 роки тому +1

    Thank you for this video.

  • @joepep5434
    @joepep5434 2 роки тому +1

    You WIN or LEARN, never lose

  • @danicegewiss862
    @danicegewiss862 2 роки тому +1

    It's Halloween. Your intro was perfect for today!

  • @anaarguelles8714
    @anaarguelles8714 2 роки тому +2

    It may be all mostly true but a bit of a fantasy about subsistence farming. You can still go to many countries and see that that life is hard.

  • @debbiemclean1090
    @debbiemclean1090 2 роки тому +1

    As soon as I saw the thumbnail I saw Terry Pratchett book quotes, and throughout your vid there are so many Discworld references. Those around you bringing you down is called the "crab bucket" and explained in Unseen Academicals by Terry Pratchett. The "Boot Theory" is from Men At Arms xxxxxxxx

  • @Paul-gc9uw
    @Paul-gc9uw 2 роки тому +2

    I had lose a person draining my money now I can figure out myself now

  • @wintongoliath8473
    @wintongoliath8473 2 роки тому +4

    Great work, keep it up

  • @ChaiTogether
    @ChaiTogether Рік тому +1

    Great video! 🎉❤

  • @stacylevchuk8108
    @stacylevchuk8108 2 роки тому

    Do you think it is safe to invest in stocks at this time?

  • @kandymagne5656
    @kandymagne5656 2 роки тому

    Any good book you can suggest ???

  • @PatriciaCarrier
    @PatriciaCarrier 2 роки тому +28

    wow! very insightful, thank you for sharing what was on my mind. 😃

    • @patienceeric3236
      @patienceeric3236 2 роки тому

      People prefer to spend money on liabilities,Rather than investing in assets and be very profitable.

    • @user-u818
      @user-u818 2 роки тому

      You're so correct! Save, invest and spend for necessities and a few luxuries relatives to on's total assets ratio.

    • @lucyk.humphrey6652
      @lucyk.humphrey6652 2 роки тому

      I'm just shocked you mentioned Expert Meltem Demiro thought am the only one trading with her

    • @RickyGutierrezyoutube
      @RickyGutierrezyoutube 2 роки тому

      I invested in both stock and Cry ptő but I'm doing much better on Cry ptő with the favourable market price

    • @Coleman-e8x
      @Coleman-e8x 2 роки тому

      .

  • @shantellelee7684
    @shantellelee7684 2 роки тому +1

    Just started the video and it’s already so good.

  • @QSnarf
    @QSnarf 2 роки тому +1

    This is such a great video.

  • @johncabrera3126
    @johncabrera3126 2 роки тому +2

    Great insight, thanks for sharing. 😊👍🏽

  • @chrisjones9867
    @chrisjones9867 9 місяців тому

    Thank you, Gabe!

  • @angelasc25
    @angelasc25 2 роки тому +1

    Hi Gabe! Can you please start putting time stamps on your videos? I find easier to watch videos that have them. It's just suggestion though!

  • @omarzayed6096
    @omarzayed6096 7 місяців тому

    How do you manage to keep your teeth so white with your love of coffee? I'm in awe!

  • @angelicacole40
    @angelicacole40 9 місяців тому

    So wise. Thank you. 😊

  • @shemkipruto4394
    @shemkipruto4394 2 роки тому

    whats the name of the keyboard you use for your computer?

  • @reginaldshannon4220
    @reginaldshannon4220 2 роки тому +2

    Great video Gabe. All the best. Reg in Dublin Ireland

  • @rachellehoogendoorn
    @rachellehoogendoorn 2 роки тому +1

    I appreciate your insight!

  • @Mydolcevita.
    @Mydolcevita. 2 роки тому +3

    I love your videos. I started binge watching 😊. Regards from Italy 🇮🇹

  • @NathaliaLambranzi
    @NathaliaLambranzi 2 роки тому +1

    Well done 👍🏻

  • @iamllux
    @iamllux 2 роки тому

    What about the lifestyle where you feel like you have to fix our create everything yourself because you don't have much money? It's not getting me very far.

  • @USA1492
    @USA1492 Рік тому

    You should check out the latest by Mind Unveiled 🙏

  • @cindybriden372
    @cindybriden372 2 роки тому

    Thank you!

  • @MadZellx4
    @MadZellx4 2 роки тому

    thanks I needed this today.

  • @Michael-gi5th
    @Michael-gi5th 2 роки тому

    Like doing the lottery, money spent to try get very lucky and get every number only to do for years and years after spending tens of thousands

  • @Srindal4657
    @Srindal4657 5 місяців тому

    I solve my problems through experiential learning. But I have a rule, nothing life threatening. It's not worth it.

  • @wd1793
    @wd1793 Рік тому

    the factory school looks exactly like a prison

  • @slchance8839
    @slchance8839 2 роки тому

    Love your channel, but this topic applies to probably less than 1% of us. farm-centered america is gone, so we can LEAVE the factory, but still cant go back. You, and i, and the other commenters/subscribers can start our own business or channel or venture, but we cant ALL do that. there are only so many topics and businesses to start before we need (factory) workers to answer our emails, clean our toilets, or do the other minute/routine tasks that are not in any way free.
    at that point need (again) the (factory) workers to show up on OUR time, do what WE tell them to do, and live a life that's more profitable to us than it is to them. IF we make it less profitable, then we'll not be able to afford more (youtube camera) equipment, workspaces, or even more employees. i think everyone wants nice things and a nice life, but not everyone will get it. Realistically (some people are just born faster, stronger, smarter, more perseverant) AND statistically (the top 10% will ALWAYS be only 1 out of every 10 people, NEVER everyone).

  • @amansrivastava585
    @amansrivastava585 2 роки тому

    awesome knowledge

  • @Ohole
    @Ohole 2 роки тому +3

    Hahaha it was too much 🤣🤣🤣

  • @phildonnavan4300
    @phildonnavan4300 2 роки тому +11

    Mr Charles Patrick is the best recommending him to all beginners who wants to recover losses like i did

    • @dominicandreas2109
      @dominicandreas2109 2 роки тому

      I've been earning $10,250 returns from my $4,000 Investment every 14 days

    • @geraldwilansky6424
      @geraldwilansky6424 2 роки тому

      @@dominicandreas2109 I heard a lot of investing with Mr Charles patrick and how good he is, please how safe are the profit?

    • @Camille_hendrick_01
      @Camille_hendrick_01 2 роки тому

      @harvey richardo I trade with him, The profit are secured and over a 100% return on investment directly sent to your wallet.

  • @henvestments0-1productions28
    @henvestments0-1productions28 2 роки тому +1

    "✨👑This is the best moment of my life👑✨"

  • @Steve-Duh-Rino
    @Steve-Duh-Rino 2 роки тому +1

    You have great wisdom! Learned much from watching this video. Own less!

  • @letstargaze
    @letstargaze 2 роки тому +1

    Good stuff always 🤓

  • @rickwanamaker826
    @rickwanamaker826 Рік тому

    Enjoyed all your videos. Yes I have my first nickel. I squeezed it so much the indian is now riding the buffalo... (Indian head nickel)

  • @emy_kovy2532
    @emy_kovy2532 2 роки тому

    Yayyyyyy !!! Love your contenttt

  • @Melinamiu007
    @Melinamiu007 2 роки тому

    Chris O’Dowd look alike 😊

  • @tonytaf107
    @tonytaf107 Рік тому +2

    Yes the school has just recently changed. They now stress on Gender and LGBT's B.s. That's the new way 😅

  • @romanticbaldy
    @romanticbaldy 2 роки тому

    Hi Gabe, thanks for sharing. You misspelled "Programmed" in the title.

  • @oddb3n380
    @oddb3n380 2 роки тому

    Damn son. Well said.

  • @FrancineYeshua
    @FrancineYeshua 2 роки тому +2

    How to use credit cards? Dont use credit cards! 😀👍

  • @gsit80
    @gsit80 Рік тому

    100 years.

  • @matthewsiahaan1312
    @matthewsiahaan1312 2 роки тому

    Do a crossover with MJ DeMarco

  • @anaanderson1236
    @anaanderson1236 Рік тому

    I LOVE YOUR CONTENT!!!! It’s so motivating and am learning SO MUCH watching you! Watching your vids is one of the BEST habits I have added to my morning ritual. Thank you!

  • @camnguyen7220
    @camnguyen7220 Рік тому

  • @mrwednesdaynight
    @mrwednesdaynight Рік тому

    I'm poor because I'm exploited by evil corporations who refuse to give me the opportunity to make more than minimum wage.

  • @askkmm4430
    @askkmm4430 Рік тому

    The title should be how you are programmed to be slave

  • @lilianmerkin7923
    @lilianmerkin7923 2 роки тому +1

    Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $7,000 investment every 12days.

    • @c.connell1802
      @c.connell1802 2 роки тому

      Wow! How's that possible please I'll appreciate your assistance on how to go about it.

    • @amber9959
      @amber9959 2 роки тому

      That's awesome. I dealt with crypto last year on Robinhood, tried some index but didn't take it out so I lost it by the end. Any consistent strategies?

  • @parttimehustle6236
    @parttimehustle6236 2 роки тому

    Welcome to the rat race.

  • @User24x
    @User24x 2 роки тому

    In this system, you can either exploit people or be exploited.

    • @kate60
      @kate60 2 роки тому +3

      You don't exploit people. You provide a valuable service. Work hard. Live simple

    • @User24x
      @User24x 2 роки тому

      @@kate60 Providing a valuable service is oversimplifying. Amazon does the same. They exploit. As you get bigger, it's "necessary."