Wake Up: The Government NEEDs You Poor

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In this video, we dive deep into the uncomfortable truth about why many people struggle financially — and how the system might actually be working against you. From inflation eroding your savings to common habits that quietly kill your wealth, we’ll break down:

Why saving money the traditional way isn’t the best long-term strategy.

How cultural and generational norms can trap you in financial struggles.

Four habits that destroy your wealth — and what to do instead.

The impact of inflation on everything from groceries to real estate.

The true cost of cars, homes, and college in today’s economy.
Whether you’re trying to build wealth, gain financial freedom, or simply understand how to make smarter money moves, this video has actionable advice for you. Learn how to navigate the system, avoid common pitfalls, and make decisions that set you up for success.

Ken has a real estate strategies podcast! Follow your favorite platform each week.

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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.


Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.



Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.

#kenmcelroy #realestate #realestateinvesting
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KenMcElroy
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The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

TinaJames
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in 50s, one income was enough
in 70s, two incomes were enough
in 90s, three incomes were enough (husband + wife + credit card)
in last few years, four incomes are needed (husband + wife + credit card + side gig)

shashydhar
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I would use the word DEPENDENT. The government needs you dependent.

davidrpriest
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Bought my first house in 1981was 21 years old. Working in the oilfields. Working 70 to over 100 hours per week. Sad how much we have to work now. Invest as much money as you can.

vincentortega
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True the govt wants you poor. It makes them money. I've often worked crazy overtime in the fall to pay property taxes. Then worked crazy overtime in the spring to cover income taxes, due to all the money I made to cover property taxes.

anniealexander
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Contrary to this DOW also just hit a record high. I'm optimistic about the prospect of the market. Also keeping an eye on digital currencies. I'm seeking ways I could divest some of my portfolio, maybe around 150k, to include digital currencies. Can you make a video on that?

BjornFord-ov
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Debt is slavery! We’re working hard to pay off our mortgage. We have no other debt except our mortgage. It definitely feels less stressful not having all the other debt. Knowing that even though we have a mortgage payment, we’d still be able to make ends meet because the debt is so much lower is priceless. Now if we could just get this house paid within the next 5 years that would be amazing! Loved this channel and all the information you’ve provided!

LifewithSusy
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The stock market and economy at large over the last 15 years was a result of 8+ trillion dollars in FED Quantitative Easing. I find it highly and mathematically unlikely the FED will do that again. When QE was launched en masse back in 2008 inflation was not a problem. There was actually some minor deflation occurring at the time. If the FED were to restart QE again under current conditions, and drive real yields on bonds deeply negative once again, the FED will quickly find itself the exclusive buyer of all government bonds. The Federal deficit is around 2T a year but the Federal government is rolling over maturing debt meaning there are 7+ trillion dollars worth of UST sales per year. There is zero way the FED can print and buy 7 trillion dollars worth of government debt every year without causing double digit inflation.... ... I have managed to grow a nest egg of around 210k to a decent 732k in the space of a few months... I'm especially grateful to Aldona Šabanienė’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

alexanderadams
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My advice on the nice car issue, honestly, keep it simple but I think it’s ok to give yourself enjoyment of life’s treasures because time goes on and if you get older and didn’t enjoy life when younger, you might regret it later.

ReynaDPerez
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I found out only about 4% of the best investments outperform inflation. You need to be in those investments.

freedomwarrior
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What I've been saying all along is that it's the Fed and our own government that is increasing the wealth gap between the rich and the poor.

phonggt
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Dwelling coverage for a home is the least important thing in the home policy. Liability coverage is the most important coverage just like auto insurance!

rhainc
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42:10 Time Freedom & Flexibility- Amen!

bradtrades
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Good morning. You two are too funny. 😂 great show.

albertluna
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Ken "she drove into a rock"
Danielle "no, it was a cement wall"

andrewropp
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You gotta be a bobble head when you’re driving. Look at all the mirrors. Keep your head moving and stay focused. Anything that moves get ready to put on the brakes.

antoniomontanez
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I was a teacher. Teachers get three months a year off and a million dollar pension with free health care. Teachers live in a golden bubble where they can't lose their job. I went into home building. What a shock. Had to work hard and market risk. Big risk. Luckily my wife was a nurse. Now retired, two paid for rentals, paying me $4, 000 per month so I can be retired. Math matters. Do the math. My plumber makes $180 per hour, $360, 000 per year, more than a medical doctor. Get it? Do the math.

jackgoldman
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As a parent, my goal was to educate my son on money, finance, and investing. At the age of 6 (in 2012), he decided to invest in a rental house. We watched the rent come in, each month he put cash into his savings. After time the market and selling at profits, he is able to pay to welding trade school and a used truck. Hopefully these life lessons will stay in his habits.

reginamccune
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I love the podcast, I listen to every one. But what’s with the background music?? It’s distracting like are we listening to smart financial advice, or getting a massage? 💆‍♂️

tonyferrari
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