15 Things Poor People Think Are Wasteful But Make You Richer

[@alux]

Hello Aluxers! What would you add to our list? The #1 App Rich People Use To Optimize Their Lives! Start a 7-day free trial today: www.alux.com/app

[@my_graphics]

@alux How to make an important decision or decisions in life? What necessary steps should one follow in order to make a decision ? How to choose the best between two or three good things?

[@SoumyaaMaruti]

1. Time to think 2. Emergency Fund is Important 3. Learning high income skills 4. Good night sleep 5. Quality clothes 6. A reliable car 7. Hiring help 8. Access to quiet space 9. Books 10. Financial Education 11. Good Nutrition & Exercise 12. Investing in tools 13. Therapy for mental health 14. Networking Events 15. Investing in relationship

[@myrathompson7398]

I do all them things and have a good relationship with my daughter and my family

[@Thesecretplacemedia]

Thank you so much for this

[@arupmullick3474]

Maruti ?

[@RommanysWorld]

Thank you! ☺️ ❤

[@nunyabidness-y2r]

Legend

[@ryancush1401]

i love the phrase “your life is poor because you think investing in yourself is expensive”

[@indestructible8111]

The Fact that nobody talks about the book The Secret Doctrine of Wealth talks about how people are stuck in trance

[@nexarie]

Goated book

[@LyricalGoats]

Dear Heavenly Father, I pray for the person reading this. May You protect them, keep them safe, healthy, and financially blessed. I pray that their burdens become lighter, their worries smaller, and their days filled with hope. Even though life isn't perfect, and we all face challenges we can't avoid, let them find comfort in Your grace. Bless their loved ones and grant them peace in knowing they're never alone because You are always with them. Lord, let this prayer be a source of strength and faith for anyone who needs it today. Amen.

[@ICBTO09]

Amen 🙏🏿

[@LyricalGoats]

@@ICBTO09 kzbin.info44e_DBKC5HM?si=hyT5XPx4Y-C-JE49

[@stevekirkpatrick1612]

On the topic of confidence regarding wardrobe... you don't have to give a damn if people think you wear cheap clothes. I promise. Admittedly i'm not rich by any stretch, but i couldn't care less who thinks my clothes are cheap. You might think I'm only reinforcing what has been said, but the angle presented in this video would suggest that (fill in the blank rich celebrity) loses prestige because they happen to be wearing "common cheap" clothes. My wardrobe is either cheap as free or company issued, every bit aside from socks and underpants. But you can bet every inch of your self that ... Chris Hemsworth.... wearing the exact same thing would make it suddenly fashionable. Are you comfortable/not subjecting yourself to hypothermia? That's all that matters, just don't go walking around naked.

[@teenindustry]

Exercise doesn’t need a gym just doing it regularly is enough. The best way to eat well cheaply is to go seasonal and not be afraid of frozen veg

[@FlintBuckley]

This video is very informative, but it would be better if you talked about real money. Talk about Elizzarda; it's real money every day. What you're discussing doesn't seem as cool

[@sagittariusque8932]

Today is my birthday!!!

[@amethystcollective]

HAPPY BIRTHDAY

[@EyecareH]

Hbday

[@nigmajpuia9891]

Happy birthday 🎉🎉🎉🎉

[@MovieTIME-ps2ls]

Happy birthday

[@reinaafricana6423]

Happy Birthday. 🎂🎁🎊🎈🎉 Have a beautiful and blessed day & new year ahead.

[@AurucciLou]

Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $4M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

[@soveinaaraceli]

Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.

[@NamsaAlcantar]

@@soveinaaraceli how did that work, who's your consultant ?

[@soveinaaraceli]

@@NamsaAlcantar she's Susan Kay Mack by name. please do your own research to see if she is suitable with your goals.

[@KirbyIneson]

I had to Google to be sure, great resume she has.

[@davidzack8735]

Buy good properties, houses or flats, to rent out. This will bring in an ever-increasing income for the rest of your life, keep you in touch with younger people and their lives, and by being a good landlord and employing cleaners, plumbers and electricians you add to society in a meaningful way.

[@MrMakeLifeHappen]

Very powerful. Imagination creates reality so that time we take each day to monitor our thoughts is the game changer!

[@antwanthorogood4921]

Libraries still exist. There’s free audiobooks in KZbin. Most people have Internet access so look up better things

[@austinbar]

Nice content! Few years back I was assistant to a wealthy pen artist and within the short period I worked with him I observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this I learned that the rich stay rich by investing.

[@jcurdrayeric243]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[@rogerwheelers4322]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.

[@joshbarney114]

I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.

[@FabioOdelega876]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@joshbarney114]

I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about three years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Chahlie]

Networking. It doesn't have to be formal, just stay in touch with people you meet, especially in your job fields. I get so many interesting work gigs simply from people I know, many of them not that well. I have a stash of business cards with simply my name on, then I can write in whatever method of communication or phone number. It seriously works.

[@akhileshakhil4390]

Does learning AI ML engineer skills are considered to be high earning skills, you mentioned about graphic designing and coding skills are worth it to learn this time and age. In Latest IV, Jensen Huang said we don't need to learn coding, recently cocacola hired AI team for advertisement creation (many graphic designers are not needed). So my question is what is the actual high value skills to learn. You're answer can be helpful

[@marcusgray2799]

Yes

[@AnthonyMwesa-s7x]

Make a video on books that get me financially literate(just a suggestion)

[@marcusbrown188]

I like these kind of videos. #3 I’m studying to become a real estate agent while walking dogs as full time job msking $1400 a month.

[@BodhiSoprano-n5t]

You're on the right track

[@bernardasante8850]

All facts. No detail left out.

[@JSFGuy]

It just posted, you haven't watched any of it

[@bernardasante8850]

@ I have.

[@shawngray5756]

⁠@@JSFGuy lol exactly what I thought, they wanted the comment out there first. I started to watch this video 7 minutes after it was posted, at the time this comment was posted “5 mins ago”. It’s a 19 min long video lol 😂

[@JSFGuy]

@shawngray5756 😁 exactly

[@JSFGuy]

@@bernardasante8850 How did you watch it in 1 minute? You have no answer for a lame comment that you don't know anything about.

[@AndyBHome]

This all made sense until the "reliable" car. Yeah . . . . absolutely not. That alone is the single thing that keeps the OVERWHELMING majority of middle class earners from getting ahead of the savings curve. Of course a truly reliable car is valuable for most people, but that buzzword "reliable" is the excuse that 90% of broke people use as an excuse for maintaining overly expensive, new, vanity motivated vehicles. Cars never ever did anything for anyone except COST them. As soon as you hear the term investment used in connection to automobiles, you know you're listening to a charlatan or a fool. Obviously vehicles used for business are an exception, but if all your car carries is people, it's a cost, a liability, not an investment.

[@Ksante-s8m]

When I first read The Secret Doctrine of Wealth, I realized how stuck I was in the system. It’s crazy how much it changed my perspective.

[@stephanndon]

wherei can find that book

[@Oliverstihonn]

@@stephanndon u have internet dude lool???????

[@betauser6233]

Been seeing this same Comment pop up on every self help video I watch. Must be spam

[@drakarionyt]

Goated book

[@Aurelijegas]

@@drakarionyt where i can find that book pls answer

[@JuanDApe]

In eight years, I have bought four cars spending roughly $8000. A reliable car is important but spending money on a car is not. I feel like this point was poorly addressed

[@movingforwardeveryday-d3g]

So you averaged $1000 a year for cars. How much for repairs and downtime? If there wasn't much of that, you did well. If not, you didn't. The total cost after repairs and downtime is the most important one.

[@dingusdingus2152]

A car is a money pit no matter what. If you drive any kind of car or truck your budget will hemorrhage money. This is an unavoidable fact of reality. There is no such thing as a reliable, dependable car. New or used, they are all shoddy garbage and they will ALL break down, and the cost of repairs will stun you. The car is going to be one of the biggest money drains you have. Resign yourself to accept this fact

[@katrinaellison3879]

Time to think is crucial❤

[@Samsons121]

Always learning valuable lessons from Alux! ❤😊

[@AwakenWealth999]

Your insights about 'time to think' and 'high-income skills' really hit home. Thank You

[@auro1986]

narrator says though poor think it's wasteful but watching 15 videos in alux channel daily can make alux channel richer if not you

[@The_Paddle_Smith]

You lost me at hiring help to do small tasks. If you aren't already making $100 an hour, just do your own laundry, it's not that hard

[@kjerome4533]

Don't agree with a lot of this but the emergency fund I do , clothing I have a great deal of, no need for dating, job interviews or keeping up with appearances , just freedom and relaxing, which is priceless.😊

[@markjencks4329]

Thank you so much Alux for always giving me valuable information it’s helped so much in my life and I apply as much of the valuable knowledge I get from each video!.

[@Maria_Svetlana_5923]

Learning a high earning skill is my motive atm cause the reward is high quality clothes while i need sleep recovery . Building an emergancy fund as back up

[@marcusgray2799]

I love this. I use majority of it

[@stevekirkpatrick1612]

My particularity does not allow me to see a pile of bills that doesn't at least have them stacked with the faces aligned. I freaking alphabetize my wallet... half of me wants you to say I'm wasting time, the other half knows how stupid you are for saying that.

[@jumilynvillejo5594]

Beautiful 🎉

[@jsmoothbest]

I 💙 you alux so much thanks for everything 🙏🏾💯

[@ENEMESIOALBERTO98ORELLANARODRI]

Many is blue no red no green

[@Shaftbell]

I find your content, very helpful, thanks again,🥰🥰😘😘😋😋😎😎❤️❤️💯💯💯💯💯

[@colinchandler6516]

wow omg you are so head on thank you the video just started and you already given me clarity

[@sherrieludwig508]

9. and 10. can be done FOR FREE. The public library can loan you the books that hold the knowledge, and provide the quiet space to do your reflection, a bonus.

[@BenIsFiguringitOut]

I love books! Reading books has expanded my mind so much!

[@marcouotinen1428]

I dont use those but still poorman. 😊

[@slaughterking5625]

You guys are the best thank you am a proud alux member

[@JSFGuy]

Roll it.

[@slaughterking5625]

Thank u for this video mentor🙌🏻am really really proud to be a alux member thank u guys 👌🏻📚

[@Nellia..]

♥️ Alux

[@neal3944]

I got the best KZbin channel till date the channel matches my business mind 👍the channel which teach you business no school is going to thought

[@piku8700]

All of them are so true My narc parents used to say you shouldn't think just act fast or hiring help is waste and people are lazy and all the other things are so right I am really glad you made this video.. thanks a lot

[@JacobTerry-c8l]

*My friend. I appreciate the time you spend on keeping us informed about the economy. As of December 21st 2024. I count on $2,500 what do you suggest me to invest in?🇺🇸🇺🇸*

[@barbradevino6870]

I appreciate it. I will never forget this administration putting many people and families into difficult situations. Yetta Cox investment helps me also.

[@shawncrawford8515]

The profits in her investment plan shows how selfless she is towards the business, And her expertise is wow.

[@RachalGWalters]

THIS IS REAL her investment has been helping so many over here, God bless you Ms Yetta Cox.

[@FrancisLucas-j5l]

My wife and I now hold Ms Yetta in high regard because of the $21,OOO every 5 days we receive with her strategies.

[@RogerStones-k5g]

I am also a proud beneficiary of Ms Yetta! I built my portfolio massively and am still building. Started with a KZbin referral just like this and a few thousand. Now I'm up on the bottom line.

[@RaulZamora-dm1es]

NAME 🙌 AMÉN 🙏 👑

[@WealthyChronicle]

Why does the idea of learning new skills always feel like an 'extra' when it’s actually the key to stepping out of the rat race? 📚

[@WildL23]

Thank you Ms. Lady Alux,🌹🌹🌹🌹🌹🌹 Always helping me out 😍😍😍. An apple for the teacher 🍎🙂. Will I ever get a chance to see your lovely face? Or at least the back of your head as you pass by. If you look just half as good as you sound 😍😍😍

[@yannick6865]

Thank you Alux for sharing this knowledge

[@shaheemjackson283]

These let set of episodes have been bangers!!!! 💎 💙

[@colinchandler6516]

I appreciate everything your doing and have done your my modern day santa clause

[@stuarthudson2158]

Thank you Alux i neede this cheers 🍻 mate regards from stewy Hudson and Family Birmingham city England 🍻 🇬🇧 👍 👌 👏 😀 🍻 🇬🇧 👍 👌

[@colinchandler6516]

great video

[@CarringtonKelleys]

Loved the classic style 💯🫶🏾

[@Gizouli]

Factsss