6 Reasons keeping you POOR | The Middle Class Trap

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Like most of us, i also come from a middle class family and i have seen how we get stuck in the middle class race, unable to break free and achieve true wealth. Wealth is not just money, it's money + happiness + stability. In this video i attempt to breakdown the root cause of this failure. These are rather 6 big decisions of your life that decide your future and there is a stark contrast between how a middle class person takes these decisions vs how a wealthy person takes them. I hope you get some value from this video.

Chapters:
1:20 Reason 1
6:54 Reason 2
9:31 Reason 3
14:57 Reason 4
18:18 Reason 5
30:45 Reason 6
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Download Stable Money app, check your emergency fund, book FD at highest Interest rates

LabourLawAdvisor
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29 here. Single. Self-employed with 2 employees. Zero loan or EMI till date. Saving 80% of monthly income. Adequate health insurance done. No smoking or drinking. No car. No partying. No unnecessary subscription to apps. No swiggy-zomato orders. 1 year worth of emergency funds. Living in a city(Kolkata) where the cost of living is very minimal. Living with a family of 4. Occasional travels. Learning guitar, writing songs.
Happiness is there.

amitpaul
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I recommend everyone to find the forbidden book titled Whispers of Manifestation on borlest it goes deep into all of this, and it changed my life

vivekgamer
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"Mera bas chale to court marriage ki advice du sabko" this line touched my heart, it shows how much you care about us. You guys are so genuine and honest. Love you guys!❤ Keep doing this great work.

captainrb
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Ye video 33:30 minutes ka hai, but maine issey 1:33:30+ watch hour diya hai. LLA ki hr video kam duration mai itna knowledge deti hai ki pause kr kr ke sab note karna pdta hai. Hats off to you guys. Love You!

anujrmk
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My grandad and grandma left their village and settled in a small town 50 years back. They had no house and no onw to help. Both of them worked very hard, lived a very mediocre life, saving their little salary, no loans and no show-off. Today they have built 6 flats, we have a honda city, we can do anything we want. Life is easy for us because our grandparents hustled when it was required the most.

Potatoe__
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1st:- Stop Buying on EMIs or Loans.
I'm trapped in this

datpotato
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Thank you so much LLA for providing such a premium content for free and creating awareness on finance

nikhilpanchal
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Harsh. Honest. And much needed in today's day and age.
Good work ! 👏🏽

honestsimpleminimal
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I did my marriage in rs 1100 court marriage before 4 years. Vakil asked for 12000 professional fees i saved that also by filling the form myself.

KalpShahGSTClasses
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1:20 invest more money
9:33 not having a backup
14:59 you choose to be over conservative
18:21 you choose to utilise your saving
29:45 avoiding loans

akshatjain
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Free knowledge is rarely of such quality these days. Great work.

shaileshdeshmukh
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One of the best videos I have seen, which not only talks about financial freedom but also how to live life. Thank you so much, brother. Keep it up, it is really an eye-opener.

harshnautiyal
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Bhai yrr itna badiya contant waise toh main ek factory main 10k ki naukri krta hun lekin sirf 4-4.5k kharch krta hun Baaki paiso sai apni college ki fee pay krta hun or Computer classes join kr rakha hai I belive ek din jarur aayenga jisdin main bhi 50-60k monthly earn karunga

hemantsaini
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ye youtube aur inka algorithm muze amir banake hi rahega😂

sudarshan_
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sir, financially aapki jaisi jan seva aaj ki tarikh m koi nhi kr rha, kisi bhi plateform par...
Salute sir aapko😎😎

iitiantalks
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Watching this at 14yrs and thanks for advising for our future life ❤❤

LuckyGuptai
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I don't have words bro. The things which you informed us in this video, most of us realize it in the back of our mind but we never have the courage to actually think about it and take action on it.

The knowledge which you have shared, no one will share this, personally or on YouTube. Kyuki Jo gareeb hai unhe ye pata nahi, aur jo Ameer hai vo ye sab Gyan sirf apne tak hi rakhte hai.

Love and respect to you bro. Hats Off

humane
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I am student of Sociology and studied just bit of Adam Smith few days back, He said Wealth is not decided by stored treasury, it is free flowing in the society. Wealth is wealth only if it is creating more wealth.

tenzingyatso
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Hi have been in labour laws journey for the past few years
This video is an eye opening for my life
Much respect for the team and iam glad that I got to know at the earliest of my career.

pradhanrsethuram
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