The 10 Golden Rules of Money (Must Watch)

The 10 Golden Rules of Money (Must Watch)

By knowing the golden rules of money, your chances of building incredible wealth are increased exponentially. These golden rules aren’t mind-blowing ideas or earth shattering concepts but rather a simple set of guidelines to use that will help you successfully manage your finances. Failing to learn these rules of money could result in a constant struggle making every aspect of your life an uphill battle. Following these golden rules will almost guarantee that you’ll be successful and able to achieve your financial desires. Listen carefully to number one which is the most critical rule

[ChrisInvests]

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[Matthewaustinbellmusic]

0:56 learn the game
1:34 avoid depreciating assets
2:25 Make Money Work for you
3:25 Don’t spend to impress
4:09 Avoid Debt
5:02 Balance Risk
5:44 Set goals
6:32 stay organized
7:23 Right Mentality
8:12 Pay you 1st

[adaytoremember]

I wasn't the smartest with money in my teens/twenties. Now that I'm 33, I've realized most people tend to want to look wealthy, rather than be wealthy. I've learned the hard way, and feel like now I pride myself on informing other people (especially younger folks) on the steps to financial freedom. There's really no better feeling!

[MiikeFaber]

I find myself at a crossroads, uncertain whether to liquidate my $150, 000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current market.

[katelynrenesse]

Building wealth is in your mindset, work on that and your financial potentials becomes exponential, develop good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from passive investing in diverse assets with the help of my adviser Susan Kay Mack..i have no doubt investing more.

[TheCompoundingInvestor]

Really like the way you present your videos Chris. Really easy to follow and very entertaining 👍🏼

[YasinNabi]

great contents and wonderful videos. thanks for sharing

[egysehs]

It`s a valuable video, thank you for sharing

[isaiahstevens]

One of my favorite channels to watch and learn from! You’ve been an immense help as I’ve entered the financial workforce as well!

[liambracey]

Honestly, all of the rules spoke to me. i have a notebook that i only take notebook for these videos in and they are really helping me. i will be retiring in less than 2 years and i believe that in my retirement i will be thanking Chris for helping me to get where i want to be in my golden days.
i have a question. considering the present market state, what is the best strategy to maximized gains?

[guitarmansg]

8:21 initially caught me off guard by the pie chart and explanation because my gut reaction was, 'of course the larger chunk should be savings (assuming your income/non-discretionary spending ratio permits)', but I guess it all boils down to mentality from the previous point #2.

[DougVandegrift]

I had a friend who bought a new Bronco, then turned around and sold it used for 4 grand over what he bought it for. So cars aren't always a depreciating value.

[howtosteve]

Great video, but regarding the 7th tip: feel free to impress others - with all your income sources, but not with the objects you are borrowing from a bank with loans. :D

[Gladys_smith]

The most prudent thing for everyone to do right now is to invest in other sources of income that do not rely on the government. Especially in light of the present global economic crisis. This is still an excellent opportunity to invest in stocks and digital currencies

[AdADglgmutShevanel]

This really should be taught in high school

[ChrisInvests]

Don't forget to like (or dislike) the video! 😀

[quartytypo]

If you are doing something right, you make money. If you do something wrong, you lose it. Get on the winning side of this equation.

[MartianAmbassador]

Crypto?! Sure, if you consider a pyramid scheme an appreciating asset...

[EranM]

Using debt is for advanced players with more than a few years in the game. Almost all companies using debt as a powerful tool.

[davidreus]

Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification. From my own point of view, you need to invest smartly, if you need the good things of life. so far i've made over 300% ROI off the market this month alone from my diversified portfolio strategy and i believe anyone can do it you have the right strategy. Saving takes long time but investing smartly is the key for short term