15 Money Habits That Keep You Poor

15 Money Habits That Keep You Poor ( Stop doing these immediately!)

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What habits keep you poor?
What are some bad money habits that keep you poor and in debt?
What are the things people do that keep them poor?
What money habits will only make you poor?
What are some habits that separate the rich from the poor?
What are some bad habits that have made people poor?
What are some bad money habits that you need to fix if you want to be rich?
What are some money habits you need to break?
What are the money habits that keep you poor and how to stop self-sabotage?
Simple money habits to fix if you want to stop being poor?
What are the most important money habits that will change your life?
What are the worst financial habits?

00:00 - Intro
00:37 - Taking bad money advice from poor people
02:10 - Gambling & Lottery: Luck isn’t a strategy
03:08 - Spending money on things that you WANT but don’t NEED
04:01 - Not knowing how much money you spent last week, month and year
05:10 - Spending money you don’t have on things you can’t afford anyway
06:19 - Trying to keep up appearances
07:32 - Having only 1 source of income
09:00 - Wasting money and time (usually on entertainment)
10:01 - Going YOLO: Thinking short term vs Long term
11:15 - Not learning how to invest & Being afraid to change
13:01 - Spending first and then hoping there’s something left to save or invest when you’re done
14:26 - Paying too much in taxes
15:07 - Unhealthy lifestyle
15:58 - Wanting money to be easy and fast
17:28 - Staying poor is a choice
18:36 - Question

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[ocsspot]

MONEY
"If you can't buy it twice, you can't afford it." Yes.

[GHerrera]

Microspending. Every day spending 15 bucks in the gas station or "Dollar" Stores. Quickly adds up.

[antoniohandel]

When you stop learning, you get left behind. Never stop
educating yourself

[mr.grayson]

To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

[internetjunkie]

Unnecessary relationships can be a money pit and a distraction to achieving your goals . #Facts

[TheDanaYiShow]

"if it's on sale but you don't need, don't buy it" this is gold!

[AnthonyJK]

I wish this channel and this video specifically had been around for me to watch like 13-14 years ago. It would’ve saved me so many headaches and stupid decisions.

[michaelfordham]

WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS

[davidnagy-gyoergy]

You guys changed my life on the way that I started to watching the people around me and through your videos now I am understand what does "fake rich" mean. I wouldn't say I was on a completely wrong way before but now I know how the good way into the wealth looks like. My little side business is just before launch and I am thinking always before I am paying in the supermarket do I really need everything? I started to save money when I was 19 now I am 21 and I think I am on quit a better way to be wealthy. If I won't be a billionaire then I won't be but I won't die poor! Thank you very much you guys you are amazing and I am already curious for the next Video! (my 👍is the biggest one from all)

[mack-uvgn]

Most people don’t invest because they are afraid to fail.

[oussama]

"If you can't buy it twice, you can't afford it". I love this sentence. It is so true when i think about it.

[gwillis]

One of my favorite proverbs is "I don't need luck because I am highly skilled."

[Jose-htlw]

Number 3 is true. Some poor people are walking ads and billboards, advertising brands. Buying expensive brands and keeping them poor. 😑

[CaseyBurnsInvesting]

Most people are poor, therefore most people shouldn’t be giving you money advice.

[davidmontroy]

One of my income streams, comes from buying distressed properties, rebuilding them for resale or rental. House flipping, includes some risk, but if properly handled, can pay off well. One very common factor I have noticed with these properties, was every single one had some kind of satellite TV dish on them. So for houses that were generally used by people seasonally, as a summer beach getaway, unoccupied for winter months, they always seemed to have entertainment in common. Most of the properties would eventually be inherited after the owners pass away, by heirs that may have never even seen them. Since the tax bills would many times be ignored, these houses would get seized and auctioned by their towns for back taxes.

[skylinec]

“If you’re binge eating on the couch while watching anime….POOR!!”

Ouch this one hit too close to home.

[Manuel-guls]

If you want to ride a Roll Royce, stop taken advice from Toyota drivers


You’re video has been helpful as always....

[lefakoaho]

This video is so good and helpful Alux is the best, these are the types of videos we need.financial literacy is important 💯

[franckimmobilier]

Honestly speaking, this channel offers way more value than the get in return, it's just mind blowing

[amolbharat]

Money.
Often wealth and money are in proportion to our values that we give.