Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
@marcellasilva4015
6 ай бұрын
It's possible to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in April due to the crash. The planner devised a defensive strategy that protected and profited from my portfolio during this red season. I've made over $250k since then.
@marcellasilva4015
4 ай бұрын
Sharon Ann Meny, is the name , Just search the name. You’d find necessary details to work with to set up an appointment.
@Tater1722
2 ай бұрын
Nahhhh. Just accept and then listen to the Holy Spirit. The giver of wisdom.
@lfc3176
7 ай бұрын
1. Having a victim mentality. 2. Not living on less than you make. 3. Not prioritising saving and investing. 4. Not growing professionally and personally. 5. Not making a plan for every dollar.
@lilpandanesegirl
7 ай бұрын
thanks you for this!
@scevans8756
7 ай бұрын
Thanks, I couldn’t stomach watching this after listening to #1. What a load of 💩
@ds5651
7 ай бұрын
Spot on. Stop complaining about inflation take charge. "Community College is Americans best secret "Jill Biden
@iwasanMBTInerd
7 ай бұрын
If you are too lazy to watch a 5 minute video on wealth building and read someone's comments to find out the points he made instead, then you will never be wealthy because you have no work ethic and are too arrogant.
@adrianalonso5734
7 ай бұрын
@@scevans8756if you think it’s a load of s then you clearly aren’t doing what he said to do in the video
@yhckelly
7 ай бұрын
George is right, never have a victim mindset. It's also good to realize the hardest working people in the world are digging ditches somewhere in a third world country. Sometimes, you are a victim of your circumstance. Count your blessings.
@BigJohnM
7 ай бұрын
I have met so many people with a victim mindset. A co-worker of mine with the same opportunities and nearly the same pay and near the same age told me he is not saving for retirement because we are all screwed and there is nothing we can do about it. That was 15 years ago. We are in our 40s now and he is long gone from my work. I always wonder about him and he is still living like a victim or if he decided to do the right things financially. All I know is that I am on a good path to retire at 59 and retire well. Not saying I was or am perfect and have not made stupid mistakes.
@xX4estXx
7 ай бұрын
It's Not My Fault that I have a victim mindset!
@sherlockrobin597
7 ай бұрын
I agree. But I think that advice probably loses his entire under 40 audience.
@stephenandersen625
7 ай бұрын
@@xX4estXx its the same as saying its not my fault im fat i just cant stop stuffing my face full of food.
@erictcarrollcarroll1108
7 ай бұрын
But it tastes so good!
@andybungert
7 ай бұрын
Just paid my last CC off and am Debt free. Now gotta rebudget (my greatest enemy/fear) and get back to saving, and selling stuff.
@KentPittsburgh
7 ай бұрын
I have a coworker who has a victim mentality. She was devastated when the student loan forgiveness was struck down. When offered overtime she either did very little or none citing, "work life balance". A couple weeks ago she wished that the government would send out stimulus checks. Then she buys an apple watch, a new iPhone, and multiple stanley cups citing, "because I wanted to". I know she'll probably never get out of debt
@mikezerker6925
7 ай бұрын
Yup! Basically everyone who I work with under the age of 30 has this outlook… it’s almost laughable if it wasn’t so sad! They all whine that the government should do more to help them pay their bills and make housing/rent more affordable while at the same time buying fancy new cars, purses, and vacations on credit! 🤦♂️
@victorblas3483
7 ай бұрын
My roomie does the same and instead of saving, she works part time and buys expensive tattoos cuz "yolo"
@jonsmith9728
7 ай бұрын
well to be fair theirs alot of folks that really could've used that measure but she should've been getting that OT anyway because if the gov did forgive the loans she'd of been in a better financial sitiuation regardless
@CHIARIEN
7 ай бұрын
Wow! That's not good at all😖
@ninerknight5351
7 ай бұрын
“Multiple Stanley cups” lolz
@Matthew_Murray
7 ай бұрын
Victim mentality is a big one, not saying there aren’t circumstances beyond one’s control but man you have people taking absolutely no accountability for their finances.
@reneeantwi-boasiako3974
7 ай бұрын
Victim mentality is so true. Unfortunately, many are stuck because of it 😔
@KyleKuyat
7 ай бұрын
It's crucial to develop healthy financial habits, but it starts with being honest and aware. Love it George, great video!
@jimroscovius
7 ай бұрын
My son and his girlfriend both paid cash for their cars. AWESOME!!
@RGE_Music
7 ай бұрын
Sounds like a good parent.
@counterleo
6 ай бұрын
My car and his son both paid cash for their girlfriend.
@Yas_AMD
6 ай бұрын
Lol @@counterleo
@masonr1666
7 ай бұрын
To be honest, I dont want to be wealthy. I simply want to be out of debt. That is enough for me.
@masonr1666
7 ай бұрын
The truth is, I just need to work more, such that I am no longer spending 50% of my income on housing, and 25% of my income on travel expenses, and the last 25% on making minimum payments to credit cards...and less than 5% on rice and beans for food.
@gmoney4458
7 ай бұрын
Wealth comes in many forms, not just financial. I'm in the early stages of the FPU program and I too feel if I can get out of debt the release of burden I feel would make me feel "wealthy."
@dianehaskins8640
7 ай бұрын
If you are listening to George and other Ramsey personalities you are on your way. Just keep rolling that snowball.
@donaldlyons17
6 ай бұрын
@@masonr1666 Yeah they mean money wealth not the other forms..... But they are also in a different position than the majority too which again is an issue!!!!
@counterleo
6 ай бұрын
The neurological reward system says you are never satisfied with money. When you reach your goal, which I hope, your brain will create a higher goal for yourself.
@cloudyblaze7916
7 ай бұрын
The conventional definition of "rich" has long changed. The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.
@mohican-jx6fx
7 ай бұрын
Yeah, people miss that part. You don't jet out to Puerto Rico with your life savings. Proper investing and a good business acumen are big pluses. Invest in the stock market, real estate, build businesses. That's just it.
@albacus2400BC
7 ай бұрын
Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e a financial advisor. You could anywhere between 10--40k with the right ones. Online businesses are a good bet too if you are savvy.
@ericmendels
7 ай бұрын
I think I want to try out a financial advisor, but the amount of information on the internet is overwhelming. Could recommend any good one(s)?
@beth3535
6 ай бұрын
@@albacus2400BC This is a fake reply. Marketer. Watch out!
@roberttaylor662
7 ай бұрын
Given reduced inflation signals and as the Federal Reserve has halted rate hikes, what are the best additions for a $500K portfolio to enhance the overall performance of my portfolio this year
@bleshjjdnit
7 ай бұрын
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
@purplebliss6875
7 ай бұрын
True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.
@VanPelt54u7fcyde57
7 ай бұрын
@@purplebliss6875 Mind if I ask you to recommend this particular coach you using their service ?
@purplebliss6875
7 ай бұрын
Bella Mia Darmon is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@VanPelt54u7fcyde57
7 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing.
@tampabayrodeo2474
6 ай бұрын
I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and I fear I could lose more.
@trazzpalmer3199
6 ай бұрын
I believe the safest approach is to diversify investments. They can mitigate the effects of a market meltdown by diversifying their investments across asset classes such as bonds, real estate, and international stocks. It is important to seek the advice of an expert.
@mcginnnavraj4201
6 ай бұрын
I am sincerely committed to securing a stable financial future and am excited to participate.
@SarahTaylor_
6 ай бұрын
I simply googled her and was really impressed with her qualifications; I contacted her since I needed all the help I could get. I've just scheduled a CAII.
@fongluu
6 ай бұрын
it's like health check up, you need to re-diversify your portfolio to other less risk like every 3-6 months. Dont wait til it's all "crashed" to take out. Actually, when market crash is when you need to buy (very counter intuitive) but it's the key to buy cheap and sell high for profit. Dont just let your 401k to idle there.
@arisaga822
6 ай бұрын
DIversification, baby. Have you got a bedrock of precious metals?
@skoopqueen
6 ай бұрын
No doubts , a good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@gracejoy8230
6 ай бұрын
Nice one,any investment tip?. I would love to know how you made it this far
@skoopqueen
6 ай бұрын
I highly endorse Regina Louise Collaro, a US-based financial advisor and consultant. Partnering with an international organization, she has been instrumental in guiding my financial journey with unwavering support until my goals are met. Selecting the right financial consultant is as crucial as finding the right life partner, as both can significantly impact your life's trajectory. I'm grateful to have found the perfect financial consultant who has helped me achieve my financial objectives, from education to nearing retirement.
@skoopqueen
6 ай бұрын
Alright, you can easily find her information by doing a quick 🔎 search. Feel free to reach out to her directly with any questions you may have.
@kisslinda3504
6 ай бұрын
This is a shocker to see Regina Louise Collaro mentioned here. I always had mixed feelings about hiring an investment advisor. For the record, I started working with Regina in 2019, and she manages about 70% of my investments while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that she has a wealth of information on current conditions and future trends.......
@sonlee8066
6 ай бұрын
I've wanted to start investing for a while. Yet, I've always considered it to be late, and I believe I should quit putting things off. I'll absolutely contact Regina Louise Collaro to ask her for advice. Much thanks, this was quite helpful to me.
@fuzzy3440
7 ай бұрын
Have to disagree, I've done jobs I disliked for years, but it led to jobs within the organization that I loved. Happened twice with two different organizations. In both Corporate America and Government.
@SoUnDMaN831
7 ай бұрын
Another reason why the victim mentality doesn’t work is because you end up believing that your success in life is based on 100% on what everyone else does and while you do nothing, except complain. That’s a horrible way to think.
@dking1362
7 ай бұрын
exactly right
@DanielGarcia-zz9eg
7 ай бұрын
Not everyone can find love like u did G. You got lucky to meet a lady who was debt free. I think that's the biggest problem. Being with the wrong person
@SLangel18
7 ай бұрын
I know someone exactly like that. I can confirm they are going to declare bankruptcy soon.
@fionawats1072
6 ай бұрын
*I remember having a consultation with a financial analyst last July, and it was incredibly insightful, can't stress enough how helpful experts in this field are!*
@hillarybriggs2561
6 ай бұрын
Absolutely love it!!! I'll have to be financially stable in every sense before purchasing my first supercar. The best thing to do with your money is to invest rightly because money left saving will end up with no returns
@gavrilgeorgieva842
6 ай бұрын
No doubt being financially free and able to afford these luxuries cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@ericbergman7546
6 ай бұрын
you don't need that much, as long as you have 250k to 350k in cash, and earn at least 40k plus is fine. It not like you are going to pay the car off, get the car, drive it for a year or two then get something else. You don't need millions of manov to oniov nico thinnc.
@rodgertim2881
6 ай бұрын
Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive,
@cherylhills3227
6 ай бұрын
Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips
@georgeearling905
6 ай бұрын
@@cherylhills3227Please could you guide me on how to get in touch with your consultant? My funds are being eroded by inflation and seek a more lucrative investment strategy to effectively utilize before I consider retirement...
@chriszablocki2460
7 ай бұрын
I'll likely get paid the exact percentage per delivery that I'm supposed to with the company I work for. Its a livable wage. And I'm grateful.
@chriszablocki2460
7 ай бұрын
👍
@beth3535
6 ай бұрын
So what changes can you make to carve out an emergency fund? Long-term goals? That’s where you chart.
@xlerb2286
6 ай бұрын
For my parents building wealth was never a stated goal but financial maturity, avoiding debt, living a good (but frugal) life today while planning for the future were. And if you act on those goals over time wealth is likely to happen. So glad I was brought up in that type of environment. Like most people I had a bobble or two on my financial path but you learn from it and move on. Coming up on retirement this spring. Which I wouldn't be doing if I'd not followed their example.
@ericpolk2131
3 ай бұрын
I'm graduting from college at the end of June with no student debt. Everything was stiched together with a pattern of grants, going only part time, working full time, and taking summer classes in order to get caught up. Easy? No way. Worth it? Hell yeah!
@georgesontag2192
7 ай бұрын
If your a man and your wife divorces you, don't count on being rich. The family court system will take everything you have.
@ykook7000
7 ай бұрын
Here is the miso and it's you're for the first "your"
@dreams2383
7 ай бұрын
You know it goes both ways right? My husband hasn't worked in years so I would have to pay. But if I lost everything I would still become wealthy or well off because I'm not a victim. I succeed. Sounds like you still have that victim mentality especially because you see marriage as just another bill lol.
@truleegarewal5949
2 ай бұрын
Sounds strangely like a victim mentality. 🤔
@sam_1570
7 ай бұрын
Getting out of debt is extremely vital but that's the same as losing weight for optimum health. Everybody knows it but only a few will ever succeed. 😉
@frederickvalencia4976
7 ай бұрын
I always check my bank accounts when I watch this videos 😂idk why
@mariorta5017
7 ай бұрын
During the we were $320 in debt. We are working in the last debt. Will be done by April. I know it can be done, but most people dont want to make changes and if you don't change you will stay the same.
@exposingproxystalkingorgan4164
6 ай бұрын
Stop buying crap you do not really need and invest in value stuff like stocks, real estate, fine art fractional shares. Don't buy anything that does not make passive income for you. 💰
@lilaxshade
3 ай бұрын
Working on 1 and 4. It's a struggle but I see progress overall.
@user-yb5bg8im5g
6 ай бұрын
''pay with a debit card.'' NO. pay with a CC tied to your checking acct. the $ is auto deducted, saves the 2-3% merchant fee, rewards, and fraud protection.
@jimroscovius
7 ай бұрын
This is so easy to do, yet people prefer being in debt. Other than a mortgage, NO ONE has to be in debt.
@donaldlyons17
6 ай бұрын
Why you mean money just appears at the right amounts at the right times for everyone? WTF you mean just like a house is too expensive to buy cash other things can be too.... You should just say buy everything cash including the house!!!!
@jimroscovius
6 ай бұрын
@@donaldlyons17 Easy - don't spend more than you make. Cut that expensive cable TV. Stop going out to eat. Get out of debt.
@donaldlyons17
6 ай бұрын
@@jimroscovius Ok your cutting stuff but how can one be online without paying for it? Also I need a cell phone which mean I also need a plan..... Again people like George are rich because of their high incomes....... they don't claim to be making the legal minimum while paying off housing right?
@jimroscovius
6 ай бұрын
@@donaldlyons17 Those aren't debts - those are bills. Yes, you probably need a phone, but it doesn't have to be an iPhone 14 Pro. Every kid doesn't need a fancy phone. You need internet, but you don't need the top tier. Just be careful how you spend. The only time you should see the inside of a restaurant is if you're working there. Dates are a walk through the park. It's not forever.
@user-pt8db5fh7w
7 ай бұрын
Great video George !
@Sostic
7 ай бұрын
Thanks for including the lizards, they will make you BROKE 😅
@jakethefateweaver
6 ай бұрын
I can get behind this. As someone who has made poor financial choices up until now, I know that it is ultimately on me to fix it. I've started investing more and spending less on wants and more on necessities. Consumerism is a very difficult thing to break, especially when we get advertised to in our sleep.
@fsm12385
7 ай бұрын
Stop blaming ,look in the Mirror .
@briangill6871
7 ай бұрын
The monkey added so much quality to this.
@calebmyers1433
7 ай бұрын
George!!!
@toby43078
7 ай бұрын
See I was never taught about student loans,,my parents weren't financially savvy,,it took me a lot of trial and error to get my finances in order...I'm 45 years old and am barely getting financial education,,plus in so much student loans debt,,,I'll never be able to have a house....but it is what it is...all I can do is keep working hard and not acquire more debt...
@beth3535
6 ай бұрын
Look again. Ramsey Team can help you speed up that process as well as meet your other goals. Get online and learn lessons from frugal living, better money management, etc. you can even get Ramsey books used. Come on!
@Veronica.A.
6 ай бұрын
Understanding the difference between needs and wants is important too. Most people confuse their needs with their wants.
@beth3535
6 ай бұрын
It’s up to you to turn that living wage into an asset-building machine.
@Veronica.A.
6 ай бұрын
@@beth3535 as a health care professional, I knew and understood that 25 years ago.
@beth3535
6 ай бұрын
Sorry. I posted my comment in the wrong place.
@NickLeeds
7 ай бұрын
For me I am too for gone it is impossible to start over at 49 with nothing. I am just a few weeks away from jumping From a six story building which I have planned out for past few months
@Tallonest
7 ай бұрын
You’re just a stranger but this made me really sad to read. All I can offer is words through this screen. Please don’t give up. Don’t let the despair take you. You’re not too far gone, I know it feels that way, but there are still many things for you to want and receive.
@rightbrainintrovert7764
7 ай бұрын
I'm starting over at 40...I have hope...I'm going to work, pray and be thankful...don't give up!!!
@Frank7748124
6 ай бұрын
You will have social security, do not despair. Many people live very modestly. You probably do not notice them.
@beth3535
6 ай бұрын
Another way of looking at it is you’ve got little to loose. Moreover, others in your spot have and are turning it around.
@user-yt2tm2xd3b
6 ай бұрын
46 and starting over. Jesus loves you
@user-po3lj2ug4w
7 ай бұрын
You know what, money is temporary and attitude is everything,be decent,help when needed,and keep positive, live your life and stop running after $$$$$
@matthewhall6288
6 ай бұрын
Thank you!
@ambercalkins733
7 ай бұрын
Match beats Roth beats Traditional. George, you found your new catchphrase. You should be saying this regularly
@amandawithlov3908
6 ай бұрын
Pausing school to save up cash is a tricky one depending on the field and degree. I believe taking out student loans oney makes sense if the ROI is absolutely worth it.
@amireallythatgrumpy6508
7 ай бұрын
George was surprised when he saw a magic trick in the last video. I never thought of George as a monkey. before.
@lizzabbott
7 ай бұрын
Excellent video ! Thank you !
@commonsenseisntcommon1776
7 ай бұрын
I dont want to be rich, just comfortable.
@mikenonameneeded3485
7 ай бұрын
One thing all humans have that is equal. Time. We all 24hrs a day. Make it count
@MadisonRaine-we3ym
7 ай бұрын
I keep staring at George’s left eyebrow- bc half it’s gone 😮 but overall informative video
@rogerwellington8829
6 ай бұрын
Great help thank you !
@shonahmclean2018
7 ай бұрын
His book is good i haven't read all yet but it's good
@victorblas3483
7 ай бұрын
Number one sign is my roommate! Funny enough, im the opposite and my name is Victor.
@jonsmith9728
7 ай бұрын
stanely cups ehh? i thought hydro flask was the big thing lol.... sadly i've got a few buddies with the "victim mentality" that won't do anything about it.... invest early and often, more goal by the end of 2025 is to be in a position to invest half my income (while i know your not a big fan of income/dividend assets it does help alot with creating more cash flow and margin, of course atm i'm just reinvesting most of the income back into the assets)
@xanderberry5727
6 ай бұрын
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
@NeilAllesee
7 ай бұрын
Just commenting for the algorithm 🤼♂
@jack7240
7 ай бұрын
Meet Kevin, Erica kulburg, Caleb hammer, the money guys
@MinnieOnCam
7 ай бұрын
I will add not increasing your income. Huge victim mentally on those who are unable to work due to disability and they do nothing to create work from employment or self-employment. Because they feel like social assistance stops them from working, when it encourages you to work but the trade off is if you are earning your own income they will reduce their income support, because you are working.
@M22Research
7 ай бұрын
All solidly required, except for #5. If you do 1-4 well, and start them by your 20’s or early-30’s, you can be a millionaire by retirement age. For example, a trades job could easily accomplish it without ever becoming “more” than the trades profession.
@StayingDownJay
6 ай бұрын
George is awesome 😎
@antoniocruz1163
6 ай бұрын
thank you
@rubyvolt
5 ай бұрын
DUH!!! As George Carlin said, "Its a big club and WE are NOT in it."
@Newtrail100
7 ай бұрын
As a black person, I agree with George that we do get surprised and we wild out when we see magic tricks.
@johncameron4194
7 ай бұрын
Show me the beagles
@DanielPerez-xo1tj
2 ай бұрын
George I think you and your team really need to do something about the bots in these comments. Not sure if you pay attention but more than half of the comment threads are just bots
@yvonne6629
7 ай бұрын
You're awesome
@leticiapalomino5319
7 ай бұрын
How sad. I’m poor.
@user-yb5bg8im5g
6 ай бұрын
define rich i don't want to be rich i am content AND happy
@user-sh8bf7hd4p
Ай бұрын
Right 🎉
@bradleygraves5915
7 ай бұрын
I love my match on my ROTH 401k!!!!
@austin89peterson
Ай бұрын
What does he mean by compound interest? My 401k doesn't pay interest.
@colestaples2010
6 ай бұрын
We were born
@Jeff-lu7rs
7 ай бұрын
And last
@pdxmusl1510
29 күн бұрын
I would just like to thank the people caught up in the victim mentality that are "trapped" in ny and ca. Or other expensive areas. Honestly your probably the reason the rest of the us remains affordable regardless of what other victims out there think. Cause it wouldn't be way worse for everyone if you left your state. So.... thanks for taking one for the team!
@ChloeMacy-je1nu
26 күн бұрын
The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.
@A-krandy
26 күн бұрын
It’s vital you make sure to Keep this in your back of mind guys. There are both happy and unhappy days. It's a zero-sum game, but always remember this advice: Spend carefully, invest intelligently, and diversify your holdings so that when one performs poorly, the others will. You can do this by hiring a knowledgeable specialist whose platform offers a variety of investment options. You leave little space for regrets by doing this, and you might even gain more.
@KateEngdahl
26 күн бұрын
Very true, I diversified my 77K portfolio across multiple market with the aid of an Investment-Adviser & I have been able to generate over 433k in net profit across high dividend yield stocks, ETF and bonds in few months.
@GabrielZi-xr6zc
26 күн бұрын
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??
@KateEngdahl
26 күн бұрын
“ Marisa Michelle Litwinsky” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@GabrielZi-xr6zc
26 күн бұрын
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
@ap3314
6 ай бұрын
Bro roasted the entire 13% community with 1st point
@JOESUBA122
5 ай бұрын
He is right about the Victim mindset! It will never help you do anything with that mindset
@therichbuddha3277
7 ай бұрын
Humans are just as surprised by magic. lol Victim and Victor mentality also known as external locus and internal locus of control.
@dpacc88
7 ай бұрын
I'm 36 and have been out of work for a number of years due to illness (autoimmune problem) and so my savings have been pretty much depleted. After years of trying to ignore it, I have decided to go back to college to study medicine. I will need 70 - 100k to accomplish this. Considering 40 is quite the age to start studying medicine, do I work for 4 years to save the money...or...do I get the loan now at 36, qualify at 40 and start to pay back the loan aggressively? All opinions welcome.
@voidfroze
7 ай бұрын
I understand the Ramsey principle of zero debt but I also think education can be an exception AS LONG AS you have an airtight plan to pay it off. If you take out the loan and for whatever unexpected reason you aren’t able to finish medical school, will you still be able to afford to pay it off within a few years? If so, then there’s nothing wrong with that choice, it’s just a matter of your risk tolerance. $100k in debt would stress me out SO much that I would probably decide to at least save a few years and only take out $30-50k, but that’s just me.
@dking1362
7 ай бұрын
I urge you to make this decision carefully and seek wise advice (not just from internet strangers, ahem!) My daughter has 2 autoimmune illnesses yet has always worked (nurse practitioner). If whatever your illness is has kept you from working AT ALL for 3 full years, I wonder if you will be able to physically endure med school; I have heard it can be quite grueling. It would be very discouraging and costly to get a couple years into the program only to be unable to complete it. Could an alternative meet your personal needs better? I have a niece with a 2- year (not RN) nursing degree who makes $80k, for example. Or perhaps radiology or pathology...you get the idea. There are many careers in medicine. As far as paying for it, I would never take out such a large loan; even if I successfully completed my degrees, the idea of being in that much debt when I am 50 isn't something I could stomach. Many other factors would contribute to this decision: Do you have a spouse? Does (s)he have a solid income and are they supportive? Do you have children, or are you wanting them? What are your current finances like? Do you own a home? Etc. etc.
@bria2596
7 ай бұрын
@@dking1362 Excellent advice.
@ThatGuyOnYoutube2
7 ай бұрын
@@voidfrozeits not, go watch : "Borrowed future"
@BasicBeachCommunity1
7 ай бұрын
Nursing is 💯 better...
@dougk2932
6 ай бұрын
Can somebody tell me what is considered rich nowadays in US?
@pdxmusl1510
29 күн бұрын
Just ask people with a victim mentality who identify as middle class. Ask them what they buy. It's that.
@TheGarrettEStroup
6 ай бұрын
Nailed it on victim mentality!
@maynurd52404
7 ай бұрын
I am a victim of my own stupid decisions.
@stevehartman1730
7 ай бұрын
I was raised to b a loser that not to try n school i used to buy lottery tickets n not even check them because i knew i wasnt going to win so id throw them away mom hated me n dad was sn alcoholic n didnt want to b bothered by me. The o ly thing dad knew about me is what his friends at the bsr told him about me. Im 70 now n have very little
@corporateamericans
7 ай бұрын
Mentality of the POORS.
@BossItUp911
7 ай бұрын
you can't trust any of them
@VegasMilgauss
7 ай бұрын
In retirement, withdrawing 8%
@eegernades
7 ай бұрын
Stop adding nonsense say8jgs every other minute in your videos. Jokes are fine. But doing them every other minute with more nonsense than jokes is not entertaining
@untouchable360x
7 ай бұрын
6. You love cocaine.
@myaccount9498
7 ай бұрын
😂😂😂😂
@johntracy72
6 ай бұрын
Or meth
@josephphengmeuang7832
6 ай бұрын
7. Ladies of the night
@LithiumLilly
7 ай бұрын
Jah
@27ufc
7 ай бұрын
🎉
@angelbaltazares4092
7 ай бұрын
Vengo del canal Lewis Howes Español para seguirte y ver tus contenidos pero estan en inglés 😢 y no le entiendo 😢
@silkroad1201
6 ай бұрын
God I can't wait to have $1.2M in my Roth IRA when I'm 65 years old and the average cost of rent is $16,000 a month. That'll last me till I'm 70!
@pdxmusl1510
29 күн бұрын
We have a very long time before this is a thing. I mean I live in an expensive arena and I still see rentals 600-1000. And they are fine places. Though you probably do need more than 1.2 million.
@troyh3628
6 ай бұрын
Living on less than you make is easier said than done when inflation is around 17% when food and fuel, the only two things that actually matter to anyone watching this video, are included and wages only rise around 3%. And just because wages rise around 3% doesn't mean yours will. This needs to be looked at more realistically these days, rarely is anything ever a one-size-fits-all problem.
@beth3535
6 ай бұрын
Yet people are doing it.
@beth3535
6 ай бұрын
It’s never easy.
@lindahill7657
7 ай бұрын
Unfortunately, I have to live off my credit cards. I am homeless and on disability. And because I am homeless I can only receive $23 in food stamps. I have been looking for work that I can do for 2 years. But can't find any. Any suggestions on what I can do to start getting ahead. I try to put at least $25 per month away in a high-yield savings account to try and save the $1000 you say in the Baby Steps. Any suggestions would be really appreciated. Than You
@FancyRPGCanada
7 ай бұрын
Do everything you can to get out of whatever big city you’re in and go somewhere that has low cost of living and is hiring. Can you stand and/or sit long enough to work at McDonald’s and do the graveyard shift no one else wants to do?
@BigJohnM
7 ай бұрын
It's interesting that you cannot find work. I don't know what the employment situation is in your area or what skills or what type of job you're looking for but the national average is there are more jobs of available than people filling them. They might not be the most glamorous job out there but they are out there. Also most employers are not even trying to hire top grade people in my area, they are just looking for someone that can show up and put effort into a job. I'm not trying to insult you or say that you're not trying. However, what I'm saying is this kind of odd that you have not found a job in 2 years. I understand that you're homeless and that could hurt you in your hunt for employment but 2 years is a long time.
@ihaveadreamformykids4400
7 ай бұрын
@@BigJohnMhe’s homeless and employers want their employees to have a permanent address so they can conduct a background check. They even ask for some neighbors’ numbers to contact. 😢 If the homeless person doesn’t have family or friends that could help them, it is a very hard thing to escape homelessness.
@sitka49
7 ай бұрын
Number 6 or 7 divorce.
@theYoutubeHandle
7 ай бұрын
toxic positivity is not healthy for you. The external factors have huge control over your life. For example, if you were born in the US, your life is already better off than a lot of people. External factors can change your life just that. Sure, you can also control your own life. But you have to ask how much effort, how smart, and how much time would it take you, whether you are ok with unethical methods, and after all that if it's worth it. For example, if you were born in a third world country with wars and little opportunities, and you are not willing to do bad things, or you were kidnapped as a child and you had horrible experience growing up, then how likely will you be able to achieve success. One must be objective about your situation and not be biased negatively or positively. People who believe they have control never had that control taken away from them. If you only study successful people, you will fall victim to survivorship bias.
@eatpigsnot
7 ай бұрын
there are people with a victim mentality, and there are people who are actual victims. countless people do the right things, give endless effort, and still get dumped on over and over
@oliviafox6745
7 ай бұрын
I can relate. We are stewards of what we have but God gives the increase. Paul said, "I have learned to be content...." Wealth isn't promised.
@hellfire0332
7 ай бұрын
While this is true, it's not the majority of people. The average American who is failing is mostly doing so because of their own decisions and choices in life.
@tomdrummy4984
7 ай бұрын
Following the crowd………..doing whatever the crowd does without having an original thought. ………..because the crowd is broke !!
@zacharygodwin4557
6 ай бұрын
I thought this was about not getting rich but it turned into why ur broke
@lukeharris2622
7 ай бұрын
✝️
@Indyzato
7 ай бұрын
I won’t be rich. Too lazy. I’m comfortable now and expect to live the same in retirement (maybe in about 5-7 years).
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