10 EASY Rules To Never Be Broke Again.

💰💰💰 Financial Resources

* Add Me *
00:00 Intro
00:20 Plan
01:22 Trick Yourself
02:25 Why?
02:40 Simplify
03:26 Investing
05:00 Make Yourself Valuable
06:15 Debt
07:38 8th Wonder Of The World
08:55 Streams
10:10 Dont get rich quick
10:55 Study Money

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[RobertGorin]

So true! Wealth has no shortcuts, here are ways to acquire it..🔥

[Ishant-bfjq]

1. Plan for EMERGENCIES
2. Find DISCIPLINE or just trick yourself
3. Simplify your FINANCES
4. Keep your investing SIMPLE
5. Make yourself VALUABLE
6. Avoid DEBT
7. Compound interest
8. Build multiple streams of income
9. Dont try to get rich quick
10. Study money
(Set for life, the simple path to wealth, 4 hour week)

[BradleyMaurice]

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

[Bob-yhir]

Yep! Just got laid off and this is retirement. In my 50s. Been looking forward to it so no shock or surprise. Ready to go and enjoy the years of health I have left. Just did simple saving and investing over the past 20 years. Got started a little late but was able to catch up. When people ask what I would have done different or if I have any regrets, it's only that I did not start earlier. I agree and tell everyone if get rich quick actually worked, everyone would be doing it and succeed at it. Get rich slow works 100% of the time. Cheers !

[NovaYung]

Gabe, i would like to thank you for not being a scammy ‘finfluencer’ and just keeping it real with us, i love your videos, you are the hopeful and inspirational side of chaotic youtube, thank you for the motivation!!! ❤

[rhondalyn]

Multiple streams of income: I'm making 5k a year on a side hustle. Got a fitness instructor certification 25 years ago and have been teaching 2--3 classes a week ever since. The boss *pays* me 5k a year (on average) to exercise and stay fit and healthy. Win-Win-Win

[bigload]

I regret moving out of my parents home and going to uni at the age of 18. I should have stayed home and worked to set myself up. Then I should have gone to uni once I had realised what I actually wanted to do with my life. 5 YEARS OF STUDYING. A lot of debt and mistakes later I'm finally in a position where I can save money, working a job my degree has nothing to do with

[lucaspaciello]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Flora Monticola’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!

[blakew]

The biggest one for me on this list is the “reminding yourself”.

I’m great at pursuing a goal….until I find another goal I also want to pursue, then the previous falls by the wayside.

When I make sure to keep financial responsibility in the front of my mind I’m great at it. By making sure to watch a financial YouTube video once or twice a week, or read a book, I manage to keep myself on track. When that lapses I often find myself splurging on meaningless purchases where the money would’ve been better suited in stocks or a HYSA.

[BraunRob]

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.

[hh-uvkr]

Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance

[peterosifo]

Trying to get rich quicker than I should has infact slowed down my getting rich, thank you for highlighting that in particular

[jesuspajarilla]

Thanks for the advice and the rules to become not broke again.

[cur]

The thing that made the biggest difference for me is automating savings.

[ParkDari]

We keep a couple grand on hand for a spur of the moment emergency. The rest of the emergency fund is in a tax efficient fund that I can cash out in two or three days very few emergencies can’t wait two or three days. The fund has had some very nice returns over the years. We have never stopped contributing the $50 a month because we figure the older you are the more expensive your emergencies become😊

[Peterl]

Awesome! I appreciate your viewpoint. I currently earn $600k per year. I have no home or investments, and my job is in New York because I work from home. I need to act quickly or else I'll owe the IRS thousands of dollars come tax season. What should I do?

[lilibethvilella]

So practical. Truth. Simple. I shared your video with my 3 high schoolers 💪🏽

[davidfolts]

Without saving, there is no investing; without investing, there are great challenges at retirement.

[Jane-rhtc]

it was very interesting that a lot of ppl never use their college degree for their actual work. then later I realized that it was often because ppl didn't think when they chose major, they think as long as they have a degree they are settled for life, what they didn't get(which their parents probably didn't know either) was college is different from high school, it is a very specific tool you choose to use to get a job when you go out there in the world, it's not a generic magical wand that can automatically guarantee a job once you get it. Choosing the wrong tool would not help you get the job after you graduate. sadly most ppl don't realize that doesn't matter how old they are, and they just end up telling everyone arnd them(or online) that college is completely useless. where as the truth is simply because they never bothered to learn how to choose and use the college degree

[ReallyNobody.]

Love your videos man keep em coming. Very motivating and informative