A small but effective way to not go broke is to pay in cash. The problem with credit cards is that people don't feel the financial damage until afterwards when they pull up their credit card app at the end of the month. With paying cash you may have enough, but feeling the damage to your finances will put you in a better habit of budgeting rather than becoming another victim to credit card debt.
@theforruner117
Жыл бұрын
That's definitely a good point. But then you have no credit history. Credit cards can be tools if used responsibly. The best way is right when you make a purchase, you go to the app and pay off that purchase immediately. Then you feel the financial burden AND build credit
@dillonc7955
Жыл бұрын
@@theforruner117That's probably what I should've added. Putting something on credit and paying it off immediately is a great habit. Also avoid "buy now, pay later" methods. A lot of companies have terms buried in their pages of contracts that often screw you in the end to the point where you're better off buying the item outright.
@vincecaracciola5831
Жыл бұрын
i pay pretty much all personal --privilege expenses with cash i have, i use my credit card to purchase then 48 hours later when it post i pay in full, i accumulate the reward points and use them for trips for my wife and i free airfare, hotels, car rental, plus paying that all off that quick my credit score sits in the mid 800s, thus when i finance a car or big ticket item my interest rate is always the lowest offered, i only own 1 credit card as well
@barnastil591
Жыл бұрын
And you're not giving money to banks whonare taking it from small business owners in the form of commissions
@Queensfinest2023
Жыл бұрын
Unless u have 0% interest . I pay with credit and transfer my cash into a savings for credit for credit, very 16 months get. Anew card but with 0%
@RonBeaulieu
Жыл бұрын
I was a 125,000 in debt after school. Took me 6 years to pay it all off. Was able to save and get a house and new car between the 6-8 years after school. It’s doable but takes a lot of determination and sacrifice to get it done. No way should education be as expensive as it is. And before anyone says well it depends on your major. I went to school and got a Engineering and applied mathematics degree. I now engineer fire sprinkler systems in the commercial construction industry. I could only imagine how hard it must be for people outside of stem related subjects.
@Javyslife
Жыл бұрын
Every Tuesday these videos give me the push to keep going. I already got the discipline to better my body. Now I just have to better my business.
@BedrosKeuilian
Жыл бұрын
Good man! How you do anything is how you do everything
@stanlybaluro8999
Жыл бұрын
Im from Philippines how to apply to your company🥺
@terraprojects
Жыл бұрын
I put $750 down and bought 2 properties. I bought in a rural area and used the 0-down USDA loan. Everything is possible, Godspeed.
@theblackphoenix447
Жыл бұрын
What state?
@fredo2x625
Жыл бұрын
@@Travis12861why ouch
@pjw7269
Жыл бұрын
Here because you were on Shawn Ryan Show. I'm in smalltown Montana, its difficult to get motivated, driven man talk. Appreciate you sharing Bedros, helps me out.
@Zachucks
Жыл бұрын
We need to get schools to teach this stuff, I really wish I knew all of this when I was younger...
@TheBlueskyson
Жыл бұрын
u know it now Chuck. Git movin bro
@b9285
Жыл бұрын
They never will. The system wants you dependent, not free.
@jamesgorton8860
Жыл бұрын
I like this one Bedros. It’s good to explain that building savings takes time but can be done. Reducing one’s outgoings and saving/investing (with guidance) so that money multiplies. Also good to highlight looking at oneself to better understand how you can improve your value to your employer.
@richardperry1263
Жыл бұрын
Paid on Thursday, broke by Tuesday. Building back better.
@BIGSERG760
Жыл бұрын
Currently working on getting my getting my contractor license and starting a new journey in my life. Time to break from the shackles I had put myself in.
@fredo2x625
Жыл бұрын
I want cdl bro
@allanbahati1942
2 күн бұрын
What a great episode! Thank you Bedros!
@rnrconstructorsllc
Жыл бұрын
Thank you for everything you do ima single dad of 3 and my 6yld is on the spectrum and I run a buisness I've been educating myself but I'm living week to week your videos have been helping me tremendously thank you thank you thank you
@rnrconstructorsllc
Жыл бұрын
Ok how did go about that
@a.k3604
Жыл бұрын
@@rnrconstructorsllc be careful anyone in youtube comments asking you to telegram or contact them is scam, save your self brother. youtube creators will never contact you just look at his name and channel.
@RemofRenaissance
11 ай бұрын
Thank you for this content. This channel helps me cut out the crap and get back on track.
@only1pedro
Жыл бұрын
I’m so fucking tired of my lifestyle. I’m not poor nor necessarily broke, but I’m tired of thinking “I need to get some money asap” 24/7…
@OnlyTheStrong-pn5pj
Жыл бұрын
Get jacked!!! Everyone loves you when you’re jacked the money will follow. I been studying day trading for the past 2-3 years.. most importantly I wasn’t getting jacked in the process now I’m getting jacked.. it’s making a difference
@BedrosKeuilian
Жыл бұрын
The mindset that comes with getting jacked is priceless
@therealcaramelbbyy
6 ай бұрын
I love this episode so helpful as a 8 month creator 🙌🏽🔥
@lamarrfrazier7944
Жыл бұрын
Great episode B! This definitely reminds me of what I read in the book “The Richest Man in Babylon” I have been putting these disciplines into place and man is it life changing!
@devanriley3014
Жыл бұрын
No one has gave me more in value then this man!
@TheBlueskyson
Жыл бұрын
you should try Arash Vossoughi. He'll sort u out. :)
@nicholasgoh3526
3 ай бұрын
I’m broke and tired of the corporate life. I want a different life for the remaining of my life. I want to be an entrepreneur. I’m gonna die irregardless of whether I succeed or not but I would rather die trying than to check out right now- which did crossed my mind. I have flipped the switch. I live in Asia. When I’m done, I’m gonna buy a ticket, fly to wherever Bedros is and give him a hug.
@Garrett-gn1zc
Жыл бұрын
Loved the bathtub analogy
@eucalyptusnichole
Жыл бұрын
Hey Bedros absolutely love your work and never miss an episode, I know you have an event coming up, do you need any volunteers for it?
@nosiphohlatswayo7213
8 ай бұрын
Priceless!! ... Thank you
@RG-tm7uq
Жыл бұрын
I’ve never seen this guy before and somehow I woke up subscribed to him🤦
@robbyblanchard
Жыл бұрын
Thanks so much for the shoutout B! Appreciate you!
@Victurd
Жыл бұрын
Thanks for the upload g keep going waiting for the next one
@debrathomas3721
Жыл бұрын
Just love this channel ♥️
@Malikforever
Жыл бұрын
I make damn near 5k a month and I feel like I’m living check to check. I know it all starts w planning/budgeting and being disciplined enough to follow that budget. But shit life happens and I bounce back eventually. I lose my savings bc something popped up or etc… my mindset is just generate more revenue streams and get these raises but continue to maintain my current lifestyle till I’m ready to elevate
@drivenafrecovery7480
Жыл бұрын
Bedros, thank you for this amazing podcast as a whole. I’ve been listening since episode 1 and I use some episodes for groups as a therapist at an addiction treatment center for men. I also use your ideas and truths in my own life as a gym owner of 4 small gym and training centers and in building my wealth with investments and will be starting ownership of sober living homes as well soon. I am 5 years clean of poly drug addiction myself. I appreciate your authenticity and real information you share. Gratitude and Much Love Brother
@shaheemjackson283
Жыл бұрын
This is my first episode back on watching some of Bedros' content on KZitem. Great and straight forward insight as always brother. Glad to be back! 😎
@MountainofInspiration
Жыл бұрын
Practical advice for successful living in the 21st century. You rock
@dotpenji
Жыл бұрын
Your video is filled with valuable advice on moving from financial struggles to stability and wealth. Can you share a pivotal decision or strategy that helped you on your journey to financial success?
@CyrineZee
Жыл бұрын
Thanks for your advice! Your video helps me a lot!
@iracaullenedimaranan
Жыл бұрын
I hope this video can reach lots of people since it shares the right perspective in financial management. I'm blessed I found this video!
@melaniecerez8938
Жыл бұрын
Your content always adds so much value. Thank you for sharing.
@markanthonymanayan2136
Жыл бұрын
Such practical insights! Bedros, your advice is really hitting home for me. Time to make some financial changes, thank you for the advice.
@jeromelajom4856
Жыл бұрын
Excellent advice! Breaking free from the 'broke' mentality is the first step to financial independence. Cut expenses, increase your value, and invest wisely. It's all about making your money work for you, not the other way around. Thanks for sharing these insights.💯
@jordansteward5484
Жыл бұрын
This is my first year making over 100k. I finally doubled my income. My first goal is to pay off debt. My second goal is to is to fix my house(repairing my foundation and putting on a new roof). Then, i want to invest in myself and continue to have income coming in on the side. One question I've wanted to ask you is about retirement plans. Do you think a 401k and other retirement plans are worth it, or should i take that money and invest it elsewhere for a better future?
@gismelgomez1078
Жыл бұрын
all depends on what you'd like the retirement plan to do..how you'd like it to be taxed, how you'd like for it to grow, and the ideal amount you'd like.
@zanehubbard
Жыл бұрын
Great stuff! I recently cut off my cable and stopped buying fast food. I’m saving more money.
@Rich-9-
Жыл бұрын
Thank you sir for all the service you’re doing for all of us Allah bless you and your family shout out from Kosovo 🇽🇰
@dv4210
Жыл бұрын
Always love your videos Bedros, I learn a lot from your experience. Thank you
@KSTROSMUSIC
Ай бұрын
Amazing knowledge! ❤️
@temich1985
Жыл бұрын
Thats some great advices, coach Bedros. Thank you for sharing them, and installing the entrepreneur mindset to us your followers! I think, the quickest way to cut expenses is to eliminate the substance addictions. Instead of weed, beer, or cocaine to escape, try meditation or walking in nature. Its more effective and FREE
@CharlesGoolsby
Жыл бұрын
Gain the lesson's from the Process. On point again sir, thanks for the information on your podcast.
@legitgamer5549
Жыл бұрын
Thank you Brother Bedros!!!
@JuanDiegoFernandez
Жыл бұрын
Hermano muchísimas felicidades! A mi me has cambiado la vida con tus vídeos, sigo batallando la depresión pero ahí vamos pa lante!! Estoy en Fort Lauderdale y cuando vaya a PR por primera vez sin duda haré la parada en tu pizzería!!
@bxboro4662
Жыл бұрын
Appreciate the intel Bedros 💪🏾
@gunz4u12
Жыл бұрын
Appreciate your advice!!!
@indifferenteyes
Жыл бұрын
Love you B ❤
@mannyflores5295
Жыл бұрын
Thanks for your channel I'm back on track work inout taking care of all that concern me ,making plan for my life now
@philipcollen482
Жыл бұрын
I began my investment journey at the age of 39, primarily through hard work and dedication. I am 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
@KatherineAnderson-lm8bw
Жыл бұрын
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
@JamesAnderson-ox2ep
Жыл бұрын
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
@philipcollen482
Жыл бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k 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.
@MichealMorphy
Жыл бұрын
wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@blessingpaul5484
Жыл бұрын
Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.
@KB_NA
Жыл бұрын
Good message
@ricardo.figueroa
Жыл бұрын
Great Information Bedros!
@natemcneil-c9m
15 күн бұрын
Your a beast!!!!
@Painfreewithjordan
Жыл бұрын
Thank you as always for everything you offer to us! And gotta have chanta on here one of these episodes. I love your stories
@mannyflores5295
Жыл бұрын
Good info thank you
@kennethporst4359
Жыл бұрын
Yo I was just thinking about this 😮
@whatthehell1012
Жыл бұрын
Im moving out of the west next year, wish I did it earlier
@Myfamilyvibez
Жыл бұрын
Stay down til you come up.. is one mistakes that I’ve made. Don’t adjust your lifestyle when you start earning more 😢
@loosebrown6697
Жыл бұрын
Thanks for the words of wisdom Bedros I've been doing coin collection as a hobby to me going and I great video too man 💯
@marioescobedo5854
Жыл бұрын
Thank you Bedros
@snoopdogg7872
Жыл бұрын
RESPECT
@hgrcbdathletics
Жыл бұрын
Where do you find more information about these real estate syndicates? For small investors 5 - 10k ?
@azhaanebrahim4887
Жыл бұрын
Really great video much needed right now best investment is in myself😎💪🏽💯
@pppp4604
Жыл бұрын
There are three types of income: Earn, which is taxable Portfolio, which is taxable Passive ,which is None taxable The wealthy uses number Three They reinvest their profits and borrow more money to buy more assets. In order to increase their networth.
@bbblahoo7
Жыл бұрын
What were those syndicates u mentioned?
@dinofitcoach
Жыл бұрын
King 👑
@derricksteward3778
Жыл бұрын
great content
@AlffaGorilla
Жыл бұрын
First and most important tip: Leave USA if you are going to study, since the school system is rigged by the time you are adult, your debt is gonna be crazy. It's easier said than done, but it's smarter if you don't want to be broke. Moving out of USA is going to not only be cheaper for you but also more rewarding considering the stress you don't need to deal with. Don't forget to work at jobs, hard work ALWAYS pays off in the end. Have an amazing day whoever is reading this!
@dronesinconstruction
Жыл бұрын
I think your perception of education is Rigged ❤
@AlffaGorilla
Жыл бұрын
@@dronesinconstruction Oh yea for sure, I live in a country that has one of the best education systems in the world and no need to pay bs since everything is free :)).
@Re3iRtH
Жыл бұрын
@@AlffaGorillaMexico?
@AlffaGorilla
Жыл бұрын
Finland@@Re3iRtH
@dronesinconstruction
Жыл бұрын
@@AlffaGorilla that’s why your future will be bright and abundant in all ways !
@jordang3649
Жыл бұрын
Hey team! I’ve got a scenario that I would like some community feedback on. This video has been spot on for my current plan but would like some advice. I have a fiancé and we split all expenses but I am the only one that currently works. We made that decision so that she could focus on keeping the home neat and organized and I could focus on income. I’ve had the same position for 2 years now and have applied for 9 internal promotions the past year. I’ve been the number 2 candidate twice out of the 9 applications. I make around 45k per year salary and have side income around 5k per year. The decision to only have me work has limited my fiancé and my lifestyle but it has allowed me to gain some of those much needed skills for a promotion. The roles I’ve been applying to would see a jump to 60-65k instead of 45k with eventual senior level making around 80-90k before management. My hesitation comes because I’ve been applying for a year and have been told more than once interviews were great, skill set was great, and communication was great but still another candidate was chosen. Should we continue on this path or should my fiancé work for a time to boost our income and create a larger cushion should any unforeseen circumstance arrive?
@luismnavarro929
Жыл бұрын
Hey Jordang, Want to start off by saying you are great man for providing the income and busting your ass off at work. To get straight to the point, I believe it is best of interest for your fiancé to work temporarily a part time. Better to have a cushion just in case of a rainy day. My buddy was in the same shoe as you. He took care of all the bills and was the only income for the household. Than one day he got laid off work and struggled to find a job. Sit together in the dining table and discuss a budget or plan for the future. If you like where you work than continue sending application for a promotion until you get it. If not than find someone who will pay for what you bring to the table. Once you hit that yearly mark than she can go back to keeping the house clean and etc. Congrats to the both of you and much luck
@nosiphohlatswayo7213
8 ай бұрын
Will her going to work add more expenses to pay for both of you? because if, for instance, you now have to pay for childcare or cleaning services because she must go to work then it just wont make much sense... Make those calculations.
@DarkManBeatzUrFace
Жыл бұрын
I think the education system fails certain kids especially me i was a very intelligent kid at a young age since i was intelligent i always questioned everything so the school system saw me as a threat and dumbed me down putting me in the special classes treated me like i was dumb probably why i always despised the system
@hoidoei941
Жыл бұрын
so use it to your advantage
@JohnSmith-er3ei
Жыл бұрын
Thank you as always, Bedros jan.
@brianransom2626
Жыл бұрын
$15.00 an hr is not a livable wage in Alabama. And Im a supervisor at Office Depot. Im thinking about another job just to survive.
@TheBlueskyson
Жыл бұрын
Robert Martinez, Tony Stefan real estate investing. SP500. Got a link to these guys? ty Beddy. Imma flippin the switch as we speak. Off running wit push ups in the park. gr8 vid
@brunobrunosjourney9944
Жыл бұрын
The lowest amount of money at Cardone for real estate that they will allow you to invest is $5000
@GVaughn5
Жыл бұрын
I love this ❤ I think the problem some people have is they don't know where to look for help. I will definitely check out Robby! Thank you for sharing your insights with us!
@haqqotes360
Жыл бұрын
Robby Blanchard is the real deal,I am actually part of his network
@justinholland1825
Жыл бұрын
Bedrosse can we try not to swear I got my kid listening to you sometimes in car with me thank you!!
@bparkerfool
Жыл бұрын
lol that car insurance is out of tge question these days. theyre on theyre money hunt
@ShroomFactory
10 ай бұрын
Isn't the S&P 500 the Opposition?
@primaballerina84
Жыл бұрын
Does bedros practice the same religion as Grant?
@aaronwhite3298
Жыл бұрын
I do work at Taco Bell and in California so yes I'm broke and poor!
@ayesbee168
Жыл бұрын
Honestly I had the same thought as the title 5 mins ago. Appreciate this.
@ernestoberrio4419
Жыл бұрын
Bedros I would love to meet you brother. I know you would help take me to that next level
@McDoogles111
Жыл бұрын
Thank you very much for all of your videos. I truly appreciate it!
@BedrosKeuilian
Жыл бұрын
Glad you like them!
@Losttribesmen
Жыл бұрын
I am broke my fault I didn't follow through when started my own business
@roshawnmiddletonjr.
Жыл бұрын
💎
@logangauge
Жыл бұрын
Make more financial advice content or ways to invest or something. Make a day of the week to money. I enjoyed this and shared it with my little brother!
@blacklyfe5543
Жыл бұрын
Poor is a mindset and broke means you have no money to afford basic necessities
@lesliethurston2151
Жыл бұрын
Thank you for sharing these summit points. What advice would you provide for a single adult whose student loan debts are completely disproportionate to one's income? Loans slaughter my discretionary income (what little there is). While I have mastered skeletal living (never been materialistic), rather the hamster wheel siphons my mind and time so I cannot reach the starting line. It feels paralyzing, because it is.
@MagnumArrowArchery
Жыл бұрын
💪🏽🇺🇸
@PeterCox-k1w
Жыл бұрын
People need to live frugally. The pleasure is to make the money not to spend it. That way you soon don't need to work anymore
@mjg4936
Жыл бұрын
Who else is just wanting to hear BK say "cheeto dust, and gelatinous titties that I can milk"? ✋️ jk we love you BK!
@BedrosKeuilian
Жыл бұрын
😂😂😂😂
@bryandavis42
Жыл бұрын
Bedros, I love your content, but I have to push back on one point. Thankfully, inflation is not bad enough to lose you 9% per month in a savings account. Even if inflation is at 12%, that is still a 1% per month loss. With all of the great stuff that you would share, I am hesitant to offer any criticism, but in matters of money, accuracy, counts. Get it? Accuracy… “counts”? Sorry, had to throw in some levity.
@kashinpips
Жыл бұрын
Passing Over Opportunities Repeatedly POOR
@tyresestewartforeverabsolu4089
Жыл бұрын
Taco Bell for $15 a hour? 😂
@burl3x
Жыл бұрын
So easy to say to save up and invest and etc. So easy to put pressure on getting money 24/7 and if you don’t you’re a loser. Please hear me out. Calm down. You got enough time guys… I got money but I’m not wealthy. I’m eating out. I’m using ubereats and I’m getting Starbucks coffee. Chill
@MaleOrderBride
Жыл бұрын
He is a very handsome man 🤤
@chriss9913
Жыл бұрын
SPY is crap, uptrend will not continue forever
@samogb
Жыл бұрын
if you are so stable why not invest some of that huge amount of money you claim to have made in peoples lives... we live in a generation of hypocrisy! if you truly care and you are not just interested in making money off of us on youtube. Be true to yourself, Be a man! pick someone give them money and show them how to consistently increase it for free or is that so hard to do?
@Seek.Failure
Жыл бұрын
Cool concept, but I don't think anyone wants to just give their hard earned money away.
@CLEANERMOTIVATION
Жыл бұрын
Don't go broke trying to look rich..
@LukaMio69
Жыл бұрын
Quite useless because you talking about strong middle American class. For most people 10k could be yearly wage and that is what actually means being broke and they would dream just to have a better life. So for us who a really broke this info won't help Click bait lol
@moppypuppy781
Жыл бұрын
Invest in Tesla. All in. Long-term, you will fly.
@samchoate1719
Жыл бұрын
Don’t put all your eggs in one basket and no one knows the future
@BennyMcGhee
Жыл бұрын
I’m an atheist, but even I know that salesman tend to go to Hell when they die. I used to be one, and I pray to Christ every day…even though I don’t believe in His Dad…that he forgives me for selling extended warranties to my fellow man.
@joegut-vw3is
Жыл бұрын
More like since Biden
@kjm2989
Жыл бұрын
Man up and take responsibility for your actions. Blaming other people is a childish loser mentality
@dillonc7955
Жыл бұрын
@@kjm2989Yes let's just keep voting for the elderly in office because we're all part of the problem and they're completely innocent.
@joegut-vw3is
Жыл бұрын
@@kjm2989 You don't know me chump. I'm over here retired at 39 while you're probably at work today. Tell your boss I said 👋 hi. Biden lover
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