15 Things Poor People Dont Know About Making Money

Poor people are bad at making & keeping money, otherwise they wouldn’t be poor!

The #1 App Rich People Use To Optimize Their Lives!

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00:00 - Intro
00:25 - You can pay little to no money in tax if you start a business
01:36 - Making money is about system solving, not working hard
03:26 - Make money while you sleep or you will never be rich
04:38 - It takes the same amount of effort to make $50,000 or $1 Million
05:43 - Ideas are worthless without extended execution
07:20 - Instead of cutting down costs, focus on increasing income
08:40 - $100 in passive income is worth more than $1000 of worked income
10:10 - Over 50% of your income should go towards investments
12:00 - $1 Million dollars per year isn’t a lot of money
14:31 - A wall gets built brick by brick - same with wealth
16:50 - Never borrow money that doesn’t go towards making more money
18:05 - You earn in proportion to your ability to use the tools you have at your disposal
19:40 - Keeping money is harder than Making Money
20:47 - Business-People hire Good-Professionals to make them rich.
22:55 - You need at least 3 Income Streams to feel safe.

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[NatalieDormer-orjj]

Every family has that one person who will break the family financial struggle, I hope you become the one

[mydressmemos]

Its not just about been rich or poor, My outlook on money changed when I realized someone making $400, 000 can retire broke & someone making $90, 000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?

[Ivankasshed-ib]

My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.

[viviancarolgioao]

Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

[OnlyViralNEWS-fgku]

It’s surprising how people are only scratching the surface and don’t take the time to read The Comic Guide to Financial Bombs. Go out of the rabbit hole guys

[JeffThomas]

The 1 thing poor ppl need to know about money….if someone doesn’t leave you a lot of it you’re going to be poor.

[sigma-vdkw]

00:04 Understanding business tax benefits and money-making systems is crucial for wealth.
02:19 Understanding the full business process is key to making money.
06:52 Focus on increasing income over cutting costs for lasting financial success.
09:14 Passive income provides freedom and flexibility beyond traditional high salaries.
13:55 Building wealth requires consistent, small investments to combat inflation.
16:11 Understanding smart borrowing can lead to financial success.
20:18 Understanding wealth requires shifting from salary to profit mindset.
22:23 Understanding education funding and the need for multiple income streams.
26:18 Community engagement enhances visibility and connection.

[austinbar]

Nice content! Few years back I was assistant to a wealthy pen artist and within the short period I worked with him I observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this I learned that the rich stay rich by investing.

[Michael_Saidon]

Find the forbidden book Genius Hidden Tricks to discover what theyre not telling us.

[OliveLeee]

The rich stays rich by spending like the poor and investing without stopping then the poor stays poor by spending like the rich yet not investiing like the rich

[SpicyNoodleEnjoyer]

Are these comments filled with bots and people that are trying to sell something.. or am i just the one noticing it

[Peterl]

The ongoing global economic crisis makes it imperative that people concentrate on diversifying their sources of income so they are not dependent on the government. This entails investigating choices like virtual currency. Even with the economic downturn, this is a good time to think about these investing opportunities.

[tonysilke]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I know I’ll make profits.

[mariamobley]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into
alternative sectors?

[JeffJason-]

*Thank you😊 for this video, do you offer account management or have any recommendations?*

[bimrebeats]

#1 Poor people don’t socialize with rich people

[T.Kagunda]

"MONEY"

The exact repetitive video played 4 years ago, Thanks for bringing it back again.

00:00-Intro.
00:54-You can pay little to no money in tax if you start a business.
02:05-Making money is about system solving, not working hard.
03:51-Make money while you sleep, or you will never be rich.
04:56-It takes the same amount of effort to make $50, 000 or $1 million.
06:10-Ideas are worthless without extended execution.
07:39-Instead of cutting down costs, focus on increasing income.
08:43-$100 in passive income is worth more than $1000 of worked income.
10:47-Over 50% of your income should go towards investments.
13:09-$1 million dollars per year isn't a lot of money.
15:36-A wall gets built brick by brick - same is wealth.
19:08-Never borrow money that doesn't go towards making more money.
21:22-You earn in proportion to your ability to use the tools you have at your disposal.
23:19-Keeping money is harder than Making Money.
24:48-Business-People hire Good-Professionals to make them rich.
26:43-You need at least 3 income streams to feel safe.
28:37-Question.

[Rolando-enen]

$10k is no longer enough to retire even in a LCOL area. Should definitely start expanding our horizons...
!!how can i get a good trade to increase my money to 1MM$

[markjune]

It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.

[markb]

1st rule...abandon your conscious....nice guys finish poor.
There are no nice billionaires