20 Lessons From The Psychology of Money That Changed How I Think About Money

[@GabeBult]

What financial books changed your life?

[@dailytheology1689]

FPU - Dave Ramsey, Randy Alcorn Money Posessions and Eternity, Larry Burkett (My favorite) - worked at Ramsey and Ran 401k plans prior to being saved. Hope these are helpful.

[@csizzle24377]

The Millionaire Mind by Thomas J. Stanley

[@tiashadae1143]

Millionaire next door

[@pennynickels5216]

Your money or your life and the automatic millionaire

[@lorrainreed3378]

The Richest Man in Babylon made me change my view of money, then I read The Latte Factor and that one really changed how I manage money.

[@DreamSurferRelaxation]

To anybody who's reading this, I pray that whatever is hurting you or whatever you are constantly stressing about gets better. May the dark thoughts, the overthinking, and the doubt exit your mind. May clarity replace confusion. May peace and calmness fill your life.

[@asmigaikwad4836]

Thanks 💕

[@Precious1988M]

You as well, my friend!

[@michellemyers9800]

THANK YOU. GOD BLESS YOU>

[@DreamSurferRelaxation]

@@michellemyers9800 ❤

[@claudiastarr3980]

Amen

[@susanbaity2350]

Thank you for keeping it clean and not swearing. I watch this stuff with my kids and I never need to stop or change your content because it’s not junked up with trashy talk.

[@bdflatlander]

I read (and reread twice) “The Psychology of Money” and it is one of the best books I have ever read, and not just the best book on finance I have ever read. I can’t recommend it enough. Reading it is a life changer. This video is an excellent retelling of the lessons in the book - well done, Gabe!

[@bdflatlander]

4:30 “Focusing on building freedom in your life” Definitely agree with this. Having control over how you spend your time is very, very important and one of the key elements of your overall happiness.

[@joycewright5386]

You are so right! I am wealthy not because I have millions but because I am happily retired, debt free, able to eat and live comfortably, able to find joy in simple things. Thanks for reminder.

[@theman3456]

Will you still be when the dollar crashes?

[@joycewright5386]

@@theman3456 Only the good Lord knows but I trust Him!

[@JesterPester48]

I’m in debt my dad gave me drugs and I ended up an addict but I’m sober now 3 years this oct

[@LetsTalkMortgagePro]

Yep I never watch the news. I stopped after 9/11 I noticed my mood was low for obvious reasons. But weeks and months later after watching the news daily I was kept low. I couldn’t pull myself out of it. Once I stopped watching it my mood improved tremendously. Not that I don’t still grieve for that horrendous event back then, I just am not wallowing in fear and sadness since I don’t watch the news anymore. Great vid.

[@mignoncobra]

This was so helpful, especially the tip about no one looks an something cool and thinks you're cool, they think they'd look cool with it : )

[@iamrjdennis]

If you're reading this, I hope you find all the success you deserve in life! Have a great day today! 💛

[@KiyosakiSays]

“By not understanding money, the vast majority of people allow its awesome power to control them.” - Robert Kiyosaki

[@michaelpoczynek]

Buy the S&P 500 through Vanguard and forget about it!!! Keep it simple. Speculative funds should be separate.

[@290revolver290]

Your point on "YOU ARE NOT ME!" is one of the best points ever made in the world of finance, even finance gurus don't know this.

[@slackerjo]

The chapter about "enough" is what I liked the best about Psychology of Money. Years ago I read a fiction book called In A Class of Their Own by Millie Gray. This book tells the story of the Campbell family from 1936-1952 in Leith, Scotland. The book is a collection of stories about how the Campbells survived in a time when there was little government assistance, minimum wage or access to credit. Possessions were limited and often pawned when there was a financial crisis in the household. This book reminds me of true tough times and not my perceived notion of what is a tough time.

[@kyleclark7740]

I like that Advice 9:20 "A decision that would be great for one person would be a horrible decision for somebody else..." That is so true. I had a mentor who told me how to invest but I was not in the right mindset and also did not have any leverage to make any huge moves which made me discouraged. But he was way older and had more money too invest that he made it look like it was easy. which from where I was I young and leaving on minimum wage; I made it work for my freedom. But I knew I was not going to make huge leaps like he could and he dangled what he had infront of me and said look what you could have. I grew up on dirt floors and no plumbing. I know what I want but when people try and tell you what you should want that is bad advice. I like simple living; simply living. L>I>V>I>N just livin.

[@Kaymitlit]

This is so important, glad you did not listen to him and had your own understanding 💖

[@Peter-kt2gb]

I get your point about negativity selling, but that's really true in the example you gave. All the endless articles about the next 10x stocks to buy or the 5 cryptos that will 100x your money show that it's not just negativity that sells. I think it's more that strong emotions sell, and negativity is an easy way to generate those. But greed is also a strong emotion, and those articles about how this stock or crypto will 10/100x your money will sell as well.

[@BlazeWithEd]

you'r video's are very helpfull thank you for the effort.

[@MoneyMeetsMind]

I will try these tips and tricks. Thanks for the information!

[@BlazeWithEd]

great advice, and i wanted to say you'r video's really changed my life in many ways, thank you.

[@laianericardo3473]

Now I want to read this book too. Really good video!

[@thenewwayhome]

Imagine starting investing at the age of 10! Woah. Books such as these can truly help change our perspective on money. Worth to buy.

[@wildswag8071]

thanks you bro, the fact that they are so practical so we can apply in real life rather than just theories

[@Kyrax88]

Misquote at 9:32. The joker did not say that. It was Alfred who said that "some people just want to see the world burn."

[@Kenneth-Matthew]

Secret Pathway To Triumph is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be.

[@GenziAndre]

Secret Pathway To Triumph blew my mind. I’ve shared them with friends, and they’re all amazed at the shifts in their mindset.

[@resourcefulqueen]

This is the first time I have watched one of your videos. Thanks for sharing your perspective. I agree "enough is enough". I am retired and financial at ease. I saved, invested in low cost S&P mutual funds, bought a rental house, took Social Security at age 70. These steps worked. May we live with ease. 🙋

[@elevatefriendship]

Less ego, more wealth. LOVE! Thanks for this rich wisdom-packed video!

[@DCportraits]

Man, your B roll is fire! Where someone else might buy stock footage, you’re making yours and it’s looking great! Good synopsis of the book as well👍🏽

[@BillyWright-xg6ig]

It’s kinda wild how people are only scratching the surface and don’t take the time to read 25 money secrets from Donald Trump. Get out of the rabbit hole.

[@adaywithasinglemom]

Thank you so much. Great job 👏

[@14mrb67]

I have to say, I really liked your video. I don't often leave comments, but when I do, it is with the scope of encouraging the creator of keeping on the same good path!

[@youdoer]

I like how you are the B-Roll. 👍

[@RachelLaurencece]

Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!

[@savagesb8756]

Your video creating and editing skills are really growing. As is your storytelling skill. Well done. Committing to the long game has really worked for you.

[@rosieroses7529]

this video is everything. the editing, the delivery, the humor, and wisdom bombs

[@acer4237]

Thanks for recapping the book

[@GabeBult]

Thanks for watching

[@wendyshoowaiching4161]

Buy Singapore Tamasek shares. They have been maintaining their annual returns 20 years steadily 6.8%.

[@danicegewiss862]

Too late. I already subscribed. In a world where many people don't have enough to eat, most of us in the US have more than enough to eat. I'm working on becoming a minimalist. I'm loving it! Billionaires don't have a billion in cash. My business is growing which means our value is growing.

[@josephhughes9583]

I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway.

[@GabriellaEstelaAracely]

The market always goes up, If you go long against the market you'd make such success.

[@madhav411]

Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her.Based on her résumé, Olivia Maria Lucas appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her

[@caesa4616]

You missed a big bullrun. Great example of false market timing.

[@Potato13142]

Thank you!

[@jaysmith1376]

You’re videos are getting better and better. Well done.

[@erikglow8458]

Been binging your videos you're a true G appreciate you

[@lucasrusel7718]

I understand that more love and less ego gives a resounding attraction to financial stability and I have managed my time effectively, diversified my source of income under my CFA and it is the best way to grow and sustain wealth. 11yrs in investing space and extremely pleased with the decision I made. The good news, it’s not too late

[@chrisschules9943]

Congrats! I'm fascinated with investing, I am single and juggling all these things are quite difficult. Invested in few sectors but haven't seen any profit yet. Do you think I'm missing out something?

[@lucasrusel7718]

Right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ’LISA MICHELLE PACILLAS’ she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.

[@chrisschules9943]

LISA MICHELLE PACILLAS seems to really know her stuff. I found his page online, read his resume, education, qualifications and it was really impressive. She's a fiduciary who will act in my best interest

[@allipereira]

Great video! Love “Saving money is the gap between your ego and your income”

[@FitManStyle]

Just finished the audible, great and quick listen. Thanks for the summary.

[@RileyOutside]

Oh I just bought the audiobook, Can't wait to go through it.

[@M-Files]

I believe it was Alfred who said that to Bruce. The Joker was trying to prove nihilism was the basis of humanity. Which is just plain wrong.

[@viralmeme596]

Do you have a video on people who has no education, works for low income, hates there job, but can't leave due to having to much debts an being a single parent,an still living by there parents at the age of 30? Like can you make a video on how to change the person life on how to get out of that not having much? Or is there no hope for that person did that person fail in life?

[@ruyeduardoleon3688]

Your best video so far in my opinion 😊

[@TheSavvyCouple]

Great video brother! A lot of great lessons shared.

[@gloriarosales1318]

your review about the psycology of the money is one the best that i have watched on youtube . it is practical and easy to understand . i hope you will keep reviewing some books from different subjects too.

[@ryanjoseph742]

Gabe I love your videos , I'm learning so much. I must tell you look like a cross - between Heath Ledger and Matthew McConaughey. Great Job with the infotainment

[@AarrenDieok]

Wow! This video nailed it visually and psychologically. You’re excellent youtuber. In return, I’ve liked and subscribed 🎉

[@yoursubconscious]

it's true. we have so much. feel proud you worked for it (at the same time)

[@samanthaboston7759]

I’m really enjoying embracing what is practical rather than chasing distractions. I’m changing my whole mindset to build stability for myself and make more space for freedom and a sense of calm. Thank you for another thoughtful and insightful video. ❤

[@bessieoriotis5104]

Thanks Gabe for your realistic viewpoint, very helpful.

[@GabeBult]

Glad you enjoyed it

[@angelachanellehuang5663]

Making money is tough. All the stuff they taught us growing up

[@TheHumbleRoots]

Thanks for the psychology of money recommendation. Do you have a video for all financial books you recommend? By the way, I watch your videos based on a comment you made about the importance of paying a tithe. Congratulations on your success. Thank you.

[@maryluzcrumbaker2881]

Love it! Practical wisdom. So far, best book I’ve read on money is The Millionaire Next Door. Loved it! Psychology of Money will be my next book. This education is priceless at any age!

[@hermit3933]

Great advise

[@gtggaming8817]

5:35 dude I recognize those books the Hardy boys, the yellow ones are back to backs in I'm not mistaken

[@tanguerafeliz5096]

I really enjoyed this book. I definitely recommend it. I came across it in our buildings' free library and it was a great find.

[@pramod1234]

Bigger car, a Volvo S90 A 4 bedroom villa Constant flow of income on regular basis Travelling in first class and shopping in Dubai or Italy.. wearing designer shoes and clothes.. I’m visualising all of this.

[@LovingGodLivingLife]

Great review! I recently read the book myself. Also, to be *that* person - it was Alfred, not the Joker, who said "some men just want to watch the world burn." 😅

[@lettienugent]

Yes, subscribing to your channel has an up side.😊 Thanks for the content.

[@erikstewart9166]

Transitions were on point... oh, and the content was good too. 🔥

[@tanndigedan2261]

Love your content and filming style 💗

[@readandinvest]

Great video! Love the quality and the content!

[@JohanFitFoodie]

Such a great compilation of insights here, wish I got into index investing earlier instead of trying to pick stocks... But you live and you learn, better late than never!

[@henry3397]

I have enough, but I don't want to work, and I like luxury items, so I need to build wealth.

[@HereIgotimo]

Love the kind of person you are! Watched a lot of your videos lately. No bullshitting of how to get rich fast or how to start your next business. Just sheer focus. Keep it on. Really like what you are doing and all the best for your journey to 500k! Greetings from Regensburg, Germany

[@speakwithmeasure3714]

I’ve been sleeping on the floor until recently, does it get any more minimalist?

[@Violet1996-]

Subed! Im rooting for your tesla haha 😂 loving the way you edit too! And this video provides so much insight 🎉

[@Pringle_Lifestyle]

Money is important

[@kiaj.d.5855]

Yes! Be wealthy NOT flashy!

[@DefinitelyAFakePage]

This book doesn’t teach you how to make money. It teaches you not to let money become the most important thing in your life.

[@bettyslowwastelife9731]

After watching this- brought the book 📖 coming tomorrow. Can't wait to have a read. Xx

[@Ftv88823]

So it’s a bad idea to just put everything in the s&p 500 and leaving it? I’m confused

[@annefitz7346]

Diversifying is what my advisor & others advise

[@HeatherValentineMsFoodie]

Thanks for the breakdown LOVE LOVE LOVE!!!! That white brick wall 😍😍😍😍

[@leslynmoore]

Dude, Ihad to watch this video 2x in a row. This is a great video.

[@user-fp4dr1ne7z]

Almost all of my friends live opposite of what was said. I wonder sometimes if I’m like an outlier…

[@marcore-bass]

My favorite chapter of the book was "reasonable > rational" that drives my investment strategy, I'm doing what I'm comfortable with because I understand that I will stick with the strategy in a long term so there's times when I miss a 1 or 2% annual interest rate just because I'm not comfortable with the way of the investment work or the platform or any detail that in some moment of weakness I would sell or cash out and maybe lose money, also "wealth is what you don't see" is a huge take away to release social pressure.

[@Surfingonearth]

this is a great insight about investing in your comfortable way! I was thinking about putting a bit of savings like 10% into cryptos n nfts stuff but realized my current financial situation wouldn't allow that.

[@sundayawosoro4978]

I enjoyed every bit of your video.🤭 Thanks for putting the lessons together. ✌️

[@tekkendrip8867]

Subscribed 🎉

[@tekkendrip8867]

Gabe I finnally have 700$ for investing in stocks, where can I put it to get the most I’m trying to get rich “ Like fast”

[@hardiaziz9015]

Thank you 🙏

[@DivinelyFeminine5]

I subscribed so you can get your tesla, make it happen. Great work

[@NolanGouveia]

Stay the course yall. Consistently invest in great ETFs with low fees! I know it’s tough but keep up the good work friends 👊

[@CJoyArt]

Hi Gabe! I just found your channel and subscribed. I teach college success and have already used your 20 tips from Atomic Habits video. This concept of finding info on the internet that supports what you believe is called confirmation bias. It's one of the most dangerous things about the internet.

[@matthewjohnson3505]

Just read this book, great read!

[@DC-ef8op]

Great video content ❤

[@GodGear]

Great book and great recap of the book sir.

[@pharmclare]

Very helpful content. Thank you for sharing. I have subscribed

[@mariagonzalez8678]

Thanks Gabe, your delivery style is so easy going that has made financial education more interesting. You present the information in a way that makes me feel empowered to understand and achieve my own goals! I have made the shift from a “spender” mindset to a “saver” towards my own definition of financial freedom!

[@brittanymarilyn2010]

@hallie matilda came across the comments about Expert Eunice Berthold and I must say she is a genius. I have made huge profits from my investments with her. Her trading strategies are top notch coupled with the efforts she puts in work to make profits.

[@deborahroper3694]

Here’s to helping you get that Tesla! Now how do I completely stop impulse buying stuff online. I’ve tried several things but late at night has been a pain in my credit card.

[@not.cp6]

Very interesting video, i have this book sitting down on my phone for the longest and you just gave me a boost to go read it

[@not.cp6]

Thank you man 🤝🏾🤝🏾🤝🏾

[@taurustreasury]

I couldn't agree more with your review. This book is an absolute gem and should be required reading for everyone.

[@Af_learn]

This book will be on my next to read list (and possibly make a video on it🙏) Been collecting dust on my shelf😅

[@chosen2865]

The only thing that matters, The Covenant The Covenant The Covenant

[@dailytheology1689]

Thanks Gabe, as a Christian I'd love to hear your thoughts on Money Possessions and Eternity by Randy Alcorn, the Bible has a lot to say on this topic :)

[@GabeBult]

That’s actually a great book I might be doing one on that in the future I’ve read it and made a video on a few of the topics but I can do the whole book

[@Eagle-zl4gz]

Freedom is most important!

[@devonpeters9458]

I would be interested in this as well

[@masonnair]

Simply, Don't love money. Remember money is a resource used for purpose. If you have extra, don't feel religious and try to give it out in haste. Be responsible with it. Extra money could be provision God has given for a future use. Love God, Do not love his gift.

[@carollane7938]

Excellent!