8 Money Rules to Build Life Changing Wealth

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 103

  • @avisgardner4094
    @avisgardner4094 7 місяців тому +31

    I have 5 streams of income. I have a boat rental, a 360 photo Booth, a notary, travel business, a chartered cruise.

    • @Pray4others61
      @Pray4others61 7 місяців тому +4

      Which stream is your favorite and profitable.

    • @avisgardner4094
      @avisgardner4094 7 місяців тому

      @@Pray4others61 My Charter Cruise of 3000 people

    • @ThinkingLikeAVIRTUOUSWoman
      @ThinkingLikeAVIRTUOUSWoman 7 місяців тому +1

      Do you have any income streams that you don’t have to actively work in, that makes money passively as you sleep?

  • @gailbrown7350
    @gailbrown7350 7 місяців тому +29

    I’m 55 and you talking to me.
    I’m finally getting my act together.
    I have SoFi high yield checking and savings
    I have traditional IRA
    I have a Roth IRA
    Working on saving for a home.
    Two other separate savings. This is the first in my life when I get paid that I dont have to stress about paying my bills. I have a Plan and a Budget! Thank you

  • @findingpath8362
    @findingpath8362 7 місяців тому +19

    I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life

    • @FranklyHunt
      @FranklyHunt 7 місяців тому

      You're right, with my current crpyto portfolio made from my investments with my personal financial advisor Stacey Macken , I totally agree with you

    • @LindaHarmel
      @LindaHarmel 7 місяців тому

      Yes I'm familiar with her, Stacey Macken demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

    • @BulentKizilaslan
      @BulentKizilaslan 7 місяців тому

      YES! that's exactly her name (Stacey Macken) I watched her interview on CNN News and so many people recommended highly about her and her trading skills, she's an expert and I'm just starting with her....From Brisbane Australia

    • @tryleraaron9244
      @tryleraaron9244 7 місяців тому

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week

    • @Georgina705
      @Georgina705 7 місяців тому

      This Woman has really change the life of many people from different countries and am a testimony of her trading platform .

  • @celestegay5859
    @celestegay5859 7 місяців тому +51

    I am 56 and am starting over with nothing because of bad decisions. Facing this has been gut-wrenching. I was on a good path and made an upheaval to my life. I am hopeful, though.

    • @estherofosu8840
      @estherofosu8840 7 місяців тому +17

      It’s never too late to make a u turn, all things are possible with God.

    • @ricomcclinton2982
      @ricomcclinton2982 7 місяців тому +7

      You got this!!

    • @kathleenepugh9495
      @kathleenepugh9495 7 місяців тому +4

      Experience is NOT the best teacher...only the most painful one. No one will have to tell you about your experience. You have faced your issues head-on. Be your own best friend and don't forget, cause the bad can come roaring back.

    • @FGCNewStart
      @FGCNewStart 7 місяців тому +3

      I am a 46 year old thought I typed that it’s sure my story we got this💪

    • @celestegay5859
      @celestegay5859 7 місяців тому +2

      @FGCNewStart Yes we do!

  • @kortyEdna825
    @kortyEdna825 6 місяців тому +89

    The 1% of rich Americans think of how to invest their money to increase their wealth during the recession. While the 99% of struggling hard-luck Americans think of how to survive without food and daily necessities in the recession and the coming hyperinflation. I am just about to make my first index fund purchase via vanguard. I intend to invest long term. just getting slightly stuck on how I balance my percentage portfolio between equity vs bonds. Low risk is good for me. Any tips

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl 6 місяців тому +2

      You are absolutely right ,firstly I believe money in the bank is not money because it is bond to inflation and losses values overtime, You have to be well disciplined to achieve success and save before you spend Lastly success does not happen overnight it takes time, dedication and self discipline

    • @brucemichelle5689.
      @brucemichelle5689. 6 місяців тому +1

      money is a liability, not an asset. You have to exchange it for assets that represent real VALUE. Real estate - properties for rent. Stocks (dividends). Bonds (interest), funds, REITs (interest), intellectual property, The aid of an institutional or basic financial advisor's cannot be over expressed. I started saving and investing in 1989 at the age of 20... I am 54 today and have 2.2 million in my retirement account, 135k liquid and I trade securities with 50-55k

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io 6 місяців тому +1

      I'm bombarded with the don't sit on it during the inflation, I wanted to jump in 8/22 and did nothing. So far this year I think I need to get my feet wet but I stopped listening and taking financial advise from UA-camrs, because at the end of the day, I end up with a bunch of confusing stories. Have you always had guidance?

    • @brucemichelle5689.
      @brucemichelle5689. 6 місяців тому +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io 6 місяців тому

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @CLCowboy56
    @CLCowboy56 7 місяців тому +8

    I'm 68 just worked didn't have or monitor my 401k etc. But I repented praying for God's guidance while I get educated on what to do and teach my daughter, granddaughter to break the generational curse and watch it turn to generational wealth. What better witness than to watch God with me turn this thing around! Woo

  • @annsye8655
    @annsye8655 7 місяців тому +28

    Having more than one source of income is necessary.

  • @theurbanschoolfix
    @theurbanschoolfix 7 місяців тому +4

    You’re going to prove through the 50+ generation that your advice is golden for the golden. Some may have started late, but with you and your advice they will finish strong.

  • @MariaWatta
    @MariaWatta 7 місяців тому +61

    Payton, thanks for your wisdom and knowledge. God bless. Still on this money making mater,My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

    • @EbbyEmmanuels
      @EbbyEmmanuels 7 місяців тому

      I have 5 streams of income. I have a boat rental, a 360 photo Booth, a notary, travel business, a chartered cruise but most importantly,i have a potfolio planner and finacial adviser because Managing money is different from accumulating wealth.

    • @CatherineAlas-ys8rn
      @CatherineAlas-ys8rn 7 місяців тому

      I totally agree with you because since i I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k

    • @CatherineAlas-ys8rn
      @CatherineAlas-ys8rn 7 місяців тому

      not to blow her trumpet,but Svetlana Sarkisian Chowdhury deserves credit as one of the finest portfolio managers in the industry. I highly recommend looking her up on the internet and thank me later

  • @bessiewright2235
    @bessiewright2235 7 місяців тому +3

    Definitely teach that. Transitioning to full time business ownership.

  • @susanakaan810
    @susanakaan810 7 місяців тому +1

    As someone who loves making money, my friends come to me with all kinds of business ideas initially I would just jump in and later discover it wasn't worth investing, but now with budgeting am very concious of any money decision that I make.

  • @msw170
    @msw170 7 місяців тому +2

    Anthony, your videos are informational and required, so don’t ever think your topics are boring. 😊

  • @princessdaaahlingamor5798
    @princessdaaahlingamor5798 7 місяців тому +1

    YESSS please do a video on side hustle that can cover expenses…and please talk about how to handle taxes related to it. How to handle Venmo/digital business related transactions, write off’s etc

  • @stevensalter9697
    @stevensalter9697 7 місяців тому +4

    @13:52 an HYSA is a High-Yield Savings Account, its where you should keep 6 months of an emergency fund. Anthony mispoke and said Health Savings Account, HSA.

  • @royalistkellyjones5560
    @royalistkellyjones5560 7 місяців тому

    Thank you. I will do what is a life changer plan for me. Staring over it's easy. But I do know my passion for wealth building is worth it

  • @jaytpharaoh8411
    @jaytpharaoh8411 7 місяців тому +2

    I don’t always agree with what you say but this man is Consistent 💪🏾

    • @mlu18
      @mlu18 7 місяців тому

      Or the way he says it.

  • @Watchthisfoundation
    @Watchthisfoundation 6 місяців тому

    Lord knows I need a vacation right now! But I don’t have a bae, can we bring a business bestie? Lol I love this!! God bless you 🙏🏾🙏🏾

  • @RuthieCarlton
    @RuthieCarlton 7 місяців тому +3

    Making a living is becoming more challenging, and it's difficult for me to save enough to enjoy quality time with my loved ones.

  • @bessiewright2235
    @bessiewright2235 7 місяців тому +2

    Freedom of not feeling stress. Smart strategy Anthony.

    • @wendellkirton3694
      @wendellkirton3694 7 місяців тому

      Thank you ANTHONY keeping me focus on my goals

  • @miac5801
    @miac5801 7 місяців тому

    Real, honest, valuable content. Keep being you. Thank you 🙏🏼😇 God bless you

  • @bessiewright2235
    @bessiewright2235 7 місяців тому +1

    Seeking immediate positive change.

  • @tiffanyf.4901
    @tiffanyf.4901 6 місяців тому

    Love the clear vision part

  • @AugustusGrant-qk5xk
    @AugustusGrant-qk5xk 7 місяців тому

    There it is. That passion. And perfectly said.

  • @mikes_in_paradise78
    @mikes_in_paradise78 7 місяців тому +5

    Change your mindset and make smart financial decisions.

  • @emanipettiford868
    @emanipettiford868 7 місяців тому

    Tbh entrepreneurship sounds like it’s my cup of tea. I can wait to join the Navy and get solid job experience in aviation tech so that I can start building towards my future.

  • @bessiewright2235
    @bessiewright2235 7 місяців тому +2

    Time and compound interest.

  • @Blessedmom24
    @Blessedmom24 7 місяців тому +2

    I definitely signed up. I NEED to learn now!

  • @sallyprzybil2404
    @sallyprzybil2404 7 місяців тому

    As you are saying ‘no’ to certain things you are saying ‘YES, YES, YES’ to your vision.

  • @Deisie2005
    @Deisie2005 7 місяців тому +1

    13:50 I think there is a switch up in words. A high yield saving account is different from a heath savings account

  • @mekj663
    @mekj663 7 місяців тому

    I love this channel!! You and your team are such a blessing! ❤

  • @ashleymartin3752
    @ashleymartin3752 7 місяців тому

    I love this ch

  • @eokon
    @eokon 7 місяців тому +1

    Live below your means

  • @danajackson7492
    @danajackson7492 Місяць тому

    Don't feel sorry bro I'm 62 now is the time God is good

  • @beverlystokes7135
    @beverlystokes7135 7 місяців тому +1

    This would be a valuable teaching

  • @zeal4god402
    @zeal4god402 7 місяців тому +2

    "I wait 48 hours before deciding if I will buy something that is $500 or more."
    -Anthony O Neal

  • @zyrianaarenee453
    @zyrianaarenee453 7 місяців тому +7

    My Mom left all of the Estate to friends and relatives ither then her own because she made Everything complicated if it wasn't her way. But in the end God allowed me to have the last word and say goodbye. What kind of mother is that who would leave her only living child out.

    • @Livingyourbestlife2day
      @Livingyourbestlife2day 7 місяців тому +1

      Wow! I have a similar story... It's trauma for sure!

    • @scarter364
      @scarter364 7 місяців тому +1

      My heart goes out to you. Must have been very painful❤🙏🏽

    • @sallyprzybil2404
      @sallyprzybil2404 7 місяців тому +3

      That’s sad. However, don’t waste your time feeling sorry for yourself because of what she did. Feel sorry for her, yeah, maybe. But feeling sorry for yourself is a basic waste of time. Your best response is to become determined to be a huge success anyway. You’re worth that, worth making yourself a success. Maybe your determination might be fueled by a bit of anger at what happened and that’s ok. Just despite whatever she did, make yourself a great life. Don’t be dragged down by what she did.

  • @georgiarobinson286
    @georgiarobinson286 7 місяців тому

    Wow I needed to hear this…

  • @mvelo5835
    @mvelo5835 7 місяців тому +2

    Rules start at 6:45

  • @cassonyaellis7357
    @cassonyaellis7357 7 місяців тому +1

    Good morning

  • @heathersohappy2833
    @heathersohappy2833 7 місяців тому

    How do I create financial goals. I have no idea what financial goals I should have because the concept is completely new. I have always had the goal of having enough, and I have always had enough. But enough is not exactly a clear goal LOL I am a Christian and God has always provided what I need in every moment.

    • @sallyprzybil2404
      @sallyprzybil2404 7 місяців тому

      Keep a notebook or journal. For example write down: Goal 1. I will have $1,000 emergency fund saved in a High Yield Savings account by ( date). ; Goal 2. I will have increased that to 3 months emergency fund by (date). Goal 3. I will organize my bills/ expenses by (date) so that I can know what my expenses are, and budget for them. Goal 4. I will pay off all my credit cards one at a time and stop using credit cards. That’s a start. Then under each goal list about 5 steps you can take to accomplish each goal. Then do those steps. Put a goal review session for once a week to evaluate your progress and redefine your goals. Add to your goals as needed. Congratulate yourself for your progress. Forgive yourself for missteps and redefine things so you can be more successful. That’s the basic steps.

  • @prettysmartpresius
    @prettysmartpresius 4 місяці тому

    I wish you taught Sales. That's the difference, not just saving.

  • @AntenehA-lw2kz
    @AntenehA-lw2kz 7 місяців тому +2

    Please do programs on new Immigrants to the country. Where to start, be wise …

  • @cassonyaellis7357
    @cassonyaellis7357 7 місяців тому +1

    Say that

  • @zyrianaarenee453
    @zyrianaarenee453 7 місяців тому +9

    Realized all ur audience is not between 18 to 39 but 40 to 70 because people are we working up into early 70's now. That's a Market that needs HELP.

  • @kendradad1
    @kendradad1 7 місяців тому

    Do you have an alternative checking account...my chime has been hacked 3 times in the last 3 yrs...it cost me 100 dollars the last time

  • @I_Am_King.
    @I_Am_King. 7 місяців тому

    👏🏾 👏🏾

  • @antwongadison3799
    @antwongadison3799 7 місяців тому

    I finally got a job where I get to travel and save money. I got rid of my apartment and my car note. I love simple and only buy what I need. My job pays for my hotels and I get a company car that I can use as a personal vehicle as well. My vision is to buy land and put a house on it. Only invest in passive income opportunities . I just open my HYSA using my tax refund money as soon as the bank card came in the mail I cut the card up so I'm not tempted to use it. I will be opening my Roth IRA next along with a CD. As I save eventually I will be able to invest more into real estate especially land investing and tax deeds or lien investing. I will only buy cash cars no longer holding my self hostage with a car note. If I can't pay cash I don't want it or need it.

  • @cassonyaellis7357
    @cassonyaellis7357 7 місяців тому +1

    You talking to me now

  • @pan1african84
    @pan1african84 7 місяців тому

    Man, this felt like church. Dude is super preachy. I don't know if that's a good thing😂.

  • @cassonyaellis7357
    @cassonyaellis7357 7 місяців тому +1

    Slow process

  • @lottiejohnson511
    @lottiejohnson511 5 місяців тому

    Hello my name Lottie if you don't have any money but I want that help

  • @michellerobinson2759
    @michellerobinson2759 7 місяців тому +1

    Over 60 needs help

  • @Naijamonay
    @Naijamonay 7 місяців тому

    Bring Dr. Umar and Yahki Awakened on here!

  • @susanakaan810
    @susanakaan810 7 місяців тому +1

    As someone who loves making money, my friends come to me with all kinds of business ideas initially I would just jump in and later discover it wasn't worth investing, but now with budgeting am very concious of any money decision that I make.