7 Truths About Money You'll Wish You Knew Sooner

In today’s video, we are going to share with you seven truths you might not know about money.

#MoneyTruth

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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[kahlilmangroo]

0:51 spending money can save you money
2:05 investors stay rich borrowers stay poor
3:40 noone cares about you but the money you can bring
5:17 your friends and family wont pay you back
7:05 its harder to stay rich than become rich
7:49 time is money
9:05 the money you have is a direct reflection on the value you have provided .

[lifeyang]

When people ask me for money, I either say no or I hand it over and let them know it's a gift.

[.Koreans.American]

1. Spending money can save you money
2. Investors stay rich borrowers stay poor
3. No one cares about you but the money you can bring
4. Your friends and family won't pay you back
5. It's harder to stay rich than become rich
6. Time is money
7. The money you have is a direct reflection of the value provided

[tranger]

In my early 20's I used to work minimum wage jobs and found myself having more money at the end of the pay period than my friends who had higher paying jobs. Most of their money was payed out in bills. They were always asking me for money and would always ponder how I had more than they did. It was the fact I managed my money and understood my financial situation, I took good care of my things, I walked instead of driving if it was feasible to get around without driving, and I knew where to get meals and food at reasonable cost. I always turned away from lending them money because I knew they would never pay back. I lost many so called friends.

[otobo]

I hate to say it but everything he just said is true 👍

[SY-spuo]

Pay yourself first then invest. Don't save, invest. Let your hard earned money works hard for you!

[TedGetsBread]

Could not agree on the first point more. Sometimes buying a more expensive car is worth it too because it won't depreciate in value as much

[Naturenerd]

When you give money to friends and family it should be in a position of giving not expecting them to pay you back.

[johnniemoore]

Thank You Very Much for the EXCELLENT VIDEOS !!!

[CollinJon]

According to the New York Times, the average savings of a couple reaching retirement is $110k I’m closing in on my retirement and I’m under pressure to grow my reserve of $330k, despite the fact the capital gains you can make on growth stocks far outweigh dividend yields, and even in downtrends folks still pull off 6-7figures gains in months. surely the risk is much greater, but I’d love to know how.

[mrtruth]

Your videos are from your heart . I can tell.

[For_The-namesakesnake]

Nope, I would never lend money to family and I would never want them to lend to me. So, It is a fair exchange

[kaushikbhowal]

What you said just now in this video is the fundamental universal truth of life. You have accurately summarised the basic truth and fundamental philosophy of life. Great ! God bless you sir. Keep it up. Thank you for opening our eyes.

[Ronnymikkonen]

They are Clewer advices! Thumbs up. It means that save his life.

[PanteraRossa]

Staying rich is difficult because paper riches are often poorly diversified which adds volatility and risk. People often get ultra rich by hitting home runs, not Buffet style, so failing to diversify after a big run is often their downfall.

[kahlilmangroo]

Spending money on the right things can save you money

[sandyyap]

Amount of money you have is the value you have provided- I dont understand. What about those that have made hundreds of thousands from stock market? What value have they provided?

[abdulsatthar]

Great Content Bro 👍👍 This video deserves more views and likes... Thank You ❤️🙏

[JustViralTVvids]

Great video! lot. This is perfect for my next VIDS.😉

[danielmccaughey]

1. Spending money can save you money. Agree
2. Investors can get rich, but probably won't. Some who invest have no interest in riches.
3. If you know someone who only cares about your money, get them out of your life.
4. They are your friends and family. Give, don't loan.
5. Sure, sounds reasonable.
6. Time is time. Sometimes it is traded for money. Sometimes it is traded for better things.
7. The money you have is a direct reflection of how good you are at collecting money.

To suggest that a film star is somehow more 'valuable' than say, a teacher or nurse is simply disgusting. This type of ideology disgusts me.