5 Strategies The Rich Use That The Poor Never Learn | 5 Things They Never Taught You About Money.

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The Better Men Project

The Better Men Project

Күн бұрын

Пікірлер: 319
@MotiveVideoBook
@MotiveVideoBook 5 жыл бұрын
One saving tip. If you want to buy something wait 1 week, and if you still want to buy it wait another week, and after 2 weeks if you still want to buy , then you can buy it.
@st.courts9593
@st.courts9593 5 жыл бұрын
story of my life.
@sashawright434
@sashawright434 5 жыл бұрын
i like it 👍👍👍
@MotiveVideoBook
@MotiveVideoBook 5 жыл бұрын
Great to know~
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
True, for the most part you'll forget about it after a week. Great tip 👆
@buncious
@buncious 5 жыл бұрын
Why not wait 2weeks straight and i u really wanna buy it, then go? 😕
@irunaallaniruna2817
@irunaallaniruna2817 5 жыл бұрын
1) pay your self first 2) buy asset producing money 3) avoid liabilities
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Beautifully said 👆
@tseposithole4785
@tseposithole4785 5 жыл бұрын
2) I think you meant buy money producing asset
@matthewmelange
@matthewmelange 4 жыл бұрын
#2 is the only one that actually increases income. Buying a rental property would be another way to increase income, so would starting a business or KZbin ad generating channel. #3 is just avoiding debt which does not increase your income. Your boss won't pay you more because you paid off your car loan. #1 is just baffling, paying yourself first or second shouldn't effect your income. Even if you have employees, it's better to pay them first because I cannot imagine how demoralizing that would be to have a boss that gets paid but the employee doesn't. Not to mention the legal issues that presents.
@Gh..o..s..t
@Gh..o..s..t 4 жыл бұрын
@@matthewmelange yes paying your employees first . / making it a priority on payday. but what he meant I'm guessing rich dad poor day .. "pay yourself first" meaning with your pay check. your take the first cut. if I remember right 10% of your gross should be put up for you.. that's the Money you save, invest from, and get emergency savings. . after you pay yourself then what's left goes to Bill's and the rest of your crap lol we all want lol.
@bryanlegarretta3404
@bryanlegarretta3404 4 жыл бұрын
What’s an example of paying yourself first?
@waterman3870
@waterman3870 Жыл бұрын
I paid off my 15 year mortgage loan in three years. Once I paid off my house, I started accumulating wealth rapidly! today I'm worth millions and still watch these kind of videos.
@TheBetterMenProject
@TheBetterMenProject Жыл бұрын
That’s awesome! Keep up the good work!
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
What's up champ, Let's talk about this week's challenge! Comment 3 things you can start THIS WEEK to increase your income. And make sure to join our High Income Training Here: www.bettermencollab.com/webinar
@masternobody1896
@masternobody1896 5 жыл бұрын
What happened to u it's been a year
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
It's been a little while, but we are back and ready to go 💪
@prettirockstar0427
@prettirockstar0427 5 жыл бұрын
1. Pay myself first 2. Track my expenses 3. Avoid liabilities
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Simple yet effective
@unauthorizedbear7119
@unauthorizedbear7119 4 жыл бұрын
1 don't spent money on clothes. 2 don't eat out. 3 get a job and lower spending. 4 figure out what companies to invest in. 5 Do Not Get In Debt! Ever!! 6 LEGALLY not pay taxes.
@DustinBentley
@DustinBentley 4 жыл бұрын
5.?? Ever? Then how would I raise my credit history and invest in real estate ? 5 is wrong buddy. Use to learn debt to your advantage period.
@mehmeh1999
@mehmeh1999 4 жыл бұрын
@@DustinBentley he means lasting debt which requires many years to pay off. Such as letting bills accumulate or having tax debt.
@edwardgillbard4257
@edwardgillbard4257 4 жыл бұрын
That’s a poor mentality rich people use debt to by assets and don’t save money because thats taxable
@brunomanco7529
@brunomanco7529 4 жыл бұрын
Theres alot of l3veraged buyouts of guaranted income businesses. Wether if its utilities or infrastructures, or even some telecoms
@frugallandlord6974
@frugallandlord6974 4 жыл бұрын
Live below your means is the most important one, because if you always spend the money you make every month its impossible for your money to compound. My advice to everyone I know is always pay cash for your car, don’t live with a car payment, great video thanks for sharing
@wellamaymasado4425
@wellamaymasado4425 5 жыл бұрын
Money is our personal army, it should go and bring back prisoners!
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Love that analogy ☝🏻
@rons.6683
@rons.6683 5 жыл бұрын
Wella May Masado WOW! That’s profound, and true. Never thought of it that way.
@wellamaymasado4425
@wellamaymasado4425 5 жыл бұрын
Thank you ☺️
@nativesunnation8323
@nativesunnation8323 4 жыл бұрын
I love that!
@MoMo-00
@MoMo-00 4 жыл бұрын
From "The Richest Man in Babylon"
@arnoldr4138
@arnoldr4138 5 жыл бұрын
Three things to create wealth 1. Stay focused on savings 2. Go through all of you subscriptions and get rid of the ones you do not need. Ex: Netflix, gym membership, cake of the month club. 3. Surround yourself with smarter people. Your welcome
@st.courts9593
@st.courts9593 5 жыл бұрын
the Gym is Good bro
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
#3 Is vitally important. Great Tips 👆
@barlotardy
@barlotardy 5 жыл бұрын
Wait wait wait.....there's a cake of the month club?!?
@soteenasty4630
@soteenasty4630 5 жыл бұрын
Three thing you can do start saving ur bread 🍞 1: Stop ✋ smoking weed 🌿 2: convert your money into the time ⏰ it takes you to get it before spending. If u want a shirt 👕 & the shirt cost 50 but u work for 10/hr ask urself if u would work 5hrs for that shirt 👕 3: spread ur money. Don’t keep em in 1 place
@autdams7634
@autdams7634 5 жыл бұрын
such a good idea
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Great tips ☝🏻
@elenajeffery7137
@elenajeffery7137 4 жыл бұрын
The best advice I ever got was and old black man sitting on a porch in Mississippis he said get your needs first your wants later if you need tires you don’t buy a diamond ring I was 15 when he told me that I have lived my whole life that way I will buy anything that will make money nothing unless I have to that takes money was raised on welfare I have 6 th grade education I own a company and several motels so what’s your story if can you can
@yaboiavery5986
@yaboiavery5986 3 жыл бұрын
@DeeJay ViVo sounds like a dependancy, aka an addiction.
@yaboiavery5986
@yaboiavery5986 3 жыл бұрын
@@elenajeffery7137 it's crazy you own motels but can't use a fucking comma, great advice though, thanks.
@wilsongb09
@wilsongb09 5 жыл бұрын
1) Picking up more side job on refrigeration and air conditioning service 2) Selling stuff online 3) start making KZbin videos on repair or DIY projects
@justinacase2623
@justinacase2623 4 жыл бұрын
If your not making lots of money in HVAC you are lazy.
@PaulMielcarz
@PaulMielcarz 4 жыл бұрын
For starters I recommend making two spreadsheet documents: your budget (per month) and your expenses. In the budget you plan your spending ahead. In expenses you track what you actually did with your money. From my experience it's a good idea to have much more that only three expenses categories. I use around 20. This allows you to very precisely track where your money goes. Maintaining this expense tracking spreadsheet should take you less than 5 minutes per day.
@MoMo-00
@MoMo-00 4 жыл бұрын
20 categories?! Like what? Are you able to send a link to a sample spreadsheet for the community to use?
@danielchoi6958
@danielchoi6958 4 жыл бұрын
@@MoMo-00 Not OP but I just started a similar tracking strategy and my categories are probably around 20. It's breaking things down into subcategories. So I have two main forms of spending: fixed expenses, and discretionary spending. Fixed expenses are Rent, Car Insurance, Phone Bill, Utilities (I lumped these all together cause I have roommates and we just split everything once a month), etc. My discretionary spending are things like Food (I should separate groceries vs take out but this is one category I feel I do fine in regardless), Booze (😩), Gas (cause I'm not commuting anymore), Shopping, Incidentals, etc. That way you can really pinpoint a specific vice/act that you need to cut out to save the most money.
@GoingGreenMom
@GoingGreenMom 4 жыл бұрын
1. I just moved money from cash I had sitting in my investment account into a REIT so it will start producing monthly dividends to reinvest or help cover emergencies without tapping into my emergency fund. 2. Going to go update my budget and see where I am this month (I already use YNAB but only update about once a week). 3. Continuing to minimize. Less I need, the less I have to pay for.
@atiqueurrehman1008
@atiqueurrehman1008 4 жыл бұрын
That initiative of looking for 3 extra sources of income might be challenging and life changing for sure. Thanks for sharing this video!
@mindsetmastery4167
@mindsetmastery4167 5 жыл бұрын
The rich buy assets while the poor buy liabilities!
@arnoldr4138
@arnoldr4138 5 жыл бұрын
Amen!
@congosrevolution8625
@congosrevolution8625 5 жыл бұрын
Mindset Mastery simple ...
@thelionsgateministry8384
@thelionsgateministry8384 5 жыл бұрын
The things I can do to improve my income this month: 1. Read think and grow rich front to back 2. Complete references to send to new and available job opportunity 3. Perform music at multiple venues to gain PRS performing royalties
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
That’s a good plan ☝🏻,when will you get started
@kathurimamwongera6904
@kathurimamwongera6904 5 жыл бұрын
Three ways I will increase my income this month: 1.) Marketing my skill in writing business plans to more people across the globe 2.) Open more writing accounts such as Fiverr 3.) Help more students with their homework
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Sounds good. When are you getting started ?
@kathurimamwongera6904
@kathurimamwongera6904 5 жыл бұрын
@@TheBetterMenProject I have already started. Working on scaling the reach out.
@ZacharyLaid
@ZacharyLaid 5 жыл бұрын
*the rich grow their money while the poor waste it*
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
👆
@animationcreation7078
@animationcreation7078 5 жыл бұрын
IN A NUT SHELL
@leylamariabonillapalacio9415
@leylamariabonillapalacio9415 5 жыл бұрын
I see you everywhere on the comment section of youtube. Hi :)
@ZacharyLaid
@ZacharyLaid 5 жыл бұрын
Leyla Maria Bonilla Palacio hi :)
@leylamariabonillapalacio9415
@leylamariabonillapalacio9415 5 жыл бұрын
@@ZacharyLaid Just checked your channel and liking the content. Keep it up!
@Lawyerman
@Lawyerman 4 жыл бұрын
#4 all day everyday! Even after a sudden, unexpected increase in the value of my assets to over $1M in my 40's, I still drove the same car with a dent on the side that I had for 10 years and continued to live in the little tiny monopoly house that I had bought 15 years earlier.
@rmt3589
@rmt3589 5 жыл бұрын
1. Get a job. 2. Vanguard dividend index funds 3. Open an Ally bank account for your savings.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Great plan ☝🏻
@robsaunderson4724
@robsaunderson4724 4 жыл бұрын
1) Buying a bike to save on transportation costs. 2) Selling plasma. 3) I personally sold my car to get out from under the payment and save the money that went to my car payment in a savings I can't touch w/out actually going to the bank.
@ThePeter232
@ThePeter232 5 жыл бұрын
You forgot about the 6th strategy: Reading a book a day from your lamborghini that sits in your garage
@st.courts9593
@st.courts9593 5 жыл бұрын
he got a lambo?
@ThePeter232
@ThePeter232 5 жыл бұрын
@@st.courts9593 Tai Lopez has like 6 of them in his garage
@st.courts9593
@st.courts9593 5 жыл бұрын
well we need to figure out how to acquire this technique then.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
I totally forgot about that one 👆 We'll include it in the next video 😄
@KuyaMoMike
@KuyaMoMike 5 жыл бұрын
1) Have a Job 2) track your money 3) Save money 4) live below your means 5) invest money 6) reap what you have just invested Thanks me later
@vectoreye5
@vectoreye5 4 жыл бұрын
1) = You are trading your time for money
@tyga6348
@tyga6348 4 жыл бұрын
vectoreye5 well the rich didn’t get rich by not having a job step 1 is essential to success. Unless you’re selling drugs, you need a job in the beginning.
@FinancialFinesse00
@FinancialFinesse00 8 ай бұрын
Thanks for this valuble and informative video it was very straight to the point and very helpful keep the gems coming
@rnglilo0256
@rnglilo0256 5 жыл бұрын
If you want to be wealthy you should never say "i can't afford it" you should always say "how can i afford it?"
@Josh-sh6sq
@Josh-sh6sq 4 жыл бұрын
Robert kyosaki ikr
@rnglilo0256
@rnglilo0256 4 жыл бұрын
@@Josh-sh6sq yeah
@jolintruong6263
@jolintruong6263 5 жыл бұрын
Thank you so much for sharing this with us
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Happy to help !
@ktestable
@ktestable 5 жыл бұрын
where's the guy that lists the lists?
@CheckThisOut77
@CheckThisOut77 4 жыл бұрын
Do not leverage depreciating assets. Auto deduction every month into mutual fund account is a must, too. My Rules: NO debt by age 60 (at the latest). NO money worries by age 65.
@PassiveIncomeTom
@PassiveIncomeTom 5 жыл бұрын
Some nuggets of wisdom here. It is so true, it's not how much someone makes but how much they keep. Become a student of the tax law and use them to your advantage! 👍
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
100% Taxes are the biggest expense for most people
@willmallory9085
@willmallory9085 5 жыл бұрын
But long term stocks that pay a dividend.
@justinacase2623
@justinacase2623 4 жыл бұрын
Is there stocks that their goal is no growth? Never knew that.
@DiyEcoProjects
@DiyEcoProjects 4 жыл бұрын
1. Current Account >Used for Expenses (stuff you want to buy regularly) petrol travel, entertainment >Connected Credit Card (use only 30% of limit on food ect that you would have bought with cash anyway to get good credit score) >Direct debits to pay for Liabilities (stuff you owe) that you have to pay monthly: Rent / Credit Card Repayments ect. 2. Current Accounts "pays" direct debits into Saver Account for Liabilities which saves up for yearly discounts. Road Tax / Insurance / Bills / Subscriptions ect. >Putting aside money into savers account for things you can pay once a year means that not only are you getting a yearly discount for the same thing… but also % interest on money you did not touched for a year!. This money is not used as emergency fund, its what you owe other companies. >Having a separate savers account for this psychologically separates the money you have with what you owe. Find out which Bills you can pay yearly. >Another advantage is that youll have money at the end of the year already set aside! no more stress!. >If you earn more than 20k then current account pays this savers account a % of earnings so that you have money set aside for yearly tax payments. Always factor in tax reductions such as travel, food, uniform, equipment, parking tickets, people you hire get all receipts for everything. 3. Current Account “pays” direct debit into another Saver Account as “Emergency fund”, something like £25 month 4. Current Account "pays" an ISA or Reit Account £25 (or more) per month. Long term saving tax free, don’t touch it 5. Once every three months run through bills and get better deals to reduce bills 6. Live within your means / dont spend what you don’t have / if you must take out a loan, repay more back to the bank than it recommends and exit quickly 7. The only way to get interested in money, it to have an interest in it. Treat money management like a business. So first Sunday of each month look at finance sheet and track where your money is going. Income Predicted Expenses Liabilities monthly Liabilities Yearly Saves Emergency Money Saves Isa Reit Account Saves … Left overs, can choose to transfer into savings / use for entertainment / or invest in yourself with online courses, more equipment, better computer ect Hope this help, just some things ive been learning.
@saladedefruit2529
@saladedefruit2529 5 жыл бұрын
Great formula!
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Thank You 🙏
@tracyemitchell2596
@tracyemitchell2596 4 жыл бұрын
1. Invest in Real Estate 2. Assess my Checking Account to pay my Savings Account weekly/monthly 3. Be judicious with my spending
@mygelalvarez7729
@mygelalvarez7729 5 жыл бұрын
2nd job,work weekends,buy and sell items
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Action taker ☝🏻
@LEOEAT.
@LEOEAT. 5 жыл бұрын
I'm your 2nd subscriber body that's why subscribe me too I'm waiting ty let's help together.
@girishgaikwad7559
@girishgaikwad7559 5 жыл бұрын
Thanks for Sharing all these Great points. I think We must have enough Cash rather than investing all our money only due to the Fear of inflation or hope for future growth. I also Invest but not all money. Thanks again.
@jessicalee6896
@jessicalee6896 5 жыл бұрын
Investing in learning skills that will upgrade my work position and make me earn a higher income
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Great strategy to maximize your current income
@davidosborne9424
@davidosborne9424 5 жыл бұрын
Buy a soft drink machine and use the profit to buy a second and third.
@GGGGGG-xd8ru
@GGGGGG-xd8ru 4 жыл бұрын
Thank you so much! This actually seems like a good idea! But where do I put it? Would it be legal for me to put it in a place like a shopping mall, or just out on the street? Also is there a website that sells soft drink machines for a rather cheap price?
@GGGGGG-xd8ru
@GGGGGG-xd8ru 4 жыл бұрын
Also, what do you think is the best location?
@mohdhisham2311
@mohdhisham2311 4 жыл бұрын
damn. in my place the IRS also interested to the owner of this business.
@isettech
@isettech 4 жыл бұрын
A vending route is not that profitable. It is a lot of work. I make better income on investment dividends for a lot less work. My skill level does not allow cutting hours to work at minimum wage work. A vending route could be a source of income for low skill without the opportunity for higher income. I don't have time for paper routes, ride share, vending routes, laundry mats, etc. Yes they are income, but not great. Get a trade with an in demand skill.
@christopheryoung2368
@christopheryoung2368 4 жыл бұрын
buy a franchise*
@WealthbuilderzTV
@WealthbuilderzTV 5 жыл бұрын
Great video. Thanks for the reminder
@philippeashoya8761
@philippeashoya8761 5 жыл бұрын
Tracking my expenses that would be the first step
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
That is a great first step 👌
@biliamjajy6046
@biliamjajy6046 5 жыл бұрын
Philo same here buddy
@JoeDoe1
@JoeDoe1 5 жыл бұрын
Thank you for this valuable information.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Happy to help !
@dr.hossain500
@dr.hossain500 4 жыл бұрын
Many aspects need to be modified for indian subcontinent as the financial system works differently in this part of the world.
@emashno5
@emashno5 5 жыл бұрын
This channel...... This channel is what gets me going in the morning I'm so happy I found this channel
@DK-ul3lo
@DK-ul3lo 5 жыл бұрын
Need more consistent videos mate 👍.keep up the good work.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
100% agree, We got a lot more videos coming this month. 👌
@christopheryoung2368
@christopheryoung2368 4 жыл бұрын
pretty good procedure*
@vikram_ranjya
@vikram_ranjya 4 жыл бұрын
Save money and invest in stock market. As it would be enough money to buy real estate, receive all money to buy real estate.
@sunilvamadevan1354
@sunilvamadevan1354 4 жыл бұрын
Getting learnt how to stay safe and secure even during adversities , especially finances are concerned , in life is really great ! Thanks !
@powerbybeans7389
@powerbybeans7389 5 жыл бұрын
Thank you for your information
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Happy to share Antonio, Thank you for watching
@gbessix1644
@gbessix1644 2 жыл бұрын
Good content!
@TheBetterMenProject
@TheBetterMenProject 2 жыл бұрын
Thank you 😊
@millierosemiranda2864
@millierosemiranda2864 5 жыл бұрын
The rich invest in assets while the poor invest in liabilities, it sounds so simple but the thing is, most people can't differentiate between an asset and a liability. let me break it down for you, an asset brings money to your pocket while a liability take money way from you, Yes anything, i repeat anything that doesn't add money to your pocket is a liability.
@cyphrinfinity9992
@cyphrinfinity9992 4 жыл бұрын
So...buying food to eat is a liability? Let me ask you - ok - 2 people - one spends 20 dollars on either a lottery ticket or scratch tickets; the other one buys 20 dollars worth of fruits and vegetables. Any thoughts? Neither creates assets because money is being taken out of their pockets. Neither have more than one source of monthly income.
@tesalewis27
@tesalewis27 4 жыл бұрын
1) download audio book think and grow rich 2) listen to Earl Nightingale the strangest secret 3) Do what you know, and you’ll know what to do
@290revolver290
@290revolver290 4 жыл бұрын
I agree 💯
@Josh-sh6sq
@Josh-sh6sq 4 жыл бұрын
This videos is 🔥legen🔥... wait for it 🔥dary🔥
@theresistance5210
@theresistance5210 4 жыл бұрын
Unfortunately, You cannot take both cash nor assets with you when your gone. So the risk of loosing it will always be around the corner. That’s why most people are impatient with establishing assets.
@johnmccall71
@johnmccall71 4 жыл бұрын
Give it to your children and grandchildren
@sherrieludwig508
@sherrieludwig508 4 жыл бұрын
If you keep track of your expenses (even on a notecard, write down what you spend each day) and then look at those expenses over a month or two, you will see patterns where you can cut, modify, adjust and either pay down your debt or save.
@oujisanhikari18
@oujisanhikari18 5 жыл бұрын
Fixed expenses Essential expenses Non essential expenses Money for life style,percentage of salary for saving (10%,20%,30) investment.
@majorthought
@majorthought 5 жыл бұрын
i am going to buy a digital billboard. it is an income generating asset.
@st.courts9593
@st.courts9593 5 жыл бұрын
Marketing and promo, good investment. Make sure its where your demographic is.
@majorthought
@majorthought 5 жыл бұрын
@@st.courts9593 I am planning to set it up in Ireland where digital billboards haven't taken over like they have in the states. There is many prospects in the city. I'm sure I could get 10 or more customers to advertise on it. Charge 200 per month thats 2000 euro per month. Any thoughts?
@timngy
@timngy 5 жыл бұрын
Thanks great explanation
@LuckyStrike-ov9cd
@LuckyStrike-ov9cd 5 жыл бұрын
Not everyone can become a millionaire but you can't tell me it's not worth saving a million dollars in cash or not saving at all you don't have to be a millionaire
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Agreed, saving is great! At the end is not about how much money we have but the quality of life we can live 👍
@st.courts9593
@st.courts9593 5 жыл бұрын
we know, but his videos are for the ones trying.
@johnsonkids3058
@johnsonkids3058 4 жыл бұрын
Don’t save too much you can’t take it with you
@TheBetterMenProject
@TheBetterMenProject 4 жыл бұрын
True ☝🏻 but you can invest and leave a good financial legacy to your kids 👍🏻
@matthewgaydos8642
@matthewgaydos8642 2 жыл бұрын
Keeping a track of your Assets and Expenses! That is a good way.😊✍📖📚✍😊👊👊💪💪🗝🗝🗝
@saidinesh7595
@saidinesh7595 4 жыл бұрын
I want to give insights on which business is future? Please make a video in booming business
@danielponder7165
@danielponder7165 4 жыл бұрын
Saving money is part of my budget, between rent, debts, and living expenses with savings I’m at 85% of my budget
@TGREAT1
@TGREAT1 5 жыл бұрын
Really important lessons! This channel deserves lot more subscribers. (5× more probably)
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Thanks man, we’ll get there 💪🏻
@chrisdubosse
@chrisdubosse 5 жыл бұрын
I have been craving a video finally 🔥🔥
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
We got a lot more coming this month 👌🏻
@chrisdubosse
@chrisdubosse 5 жыл бұрын
Thank you 💪
@altafali6474
@altafali6474 4 жыл бұрын
Hey thanks bro💓💓
@RahulKumar-os9gr
@RahulKumar-os9gr 3 жыл бұрын
Video Making on Sir American Most Valuable Assets Hindi
@adamnyambala5607
@adamnyambala5607 5 жыл бұрын
Leverage other people's money and time
@piwengema4534
@piwengema4534 4 жыл бұрын
I will buy the building which I rent at present,and use the money I rent with to pay off the bond, I am building my own sawmill instead of buying one,it's cheap making one at the same time I can do repairs my self incase it breaks because I built one 3,I will turn timber I cut with my sawmill into furniture
@faithbwire9164
@faithbwire9164 4 жыл бұрын
Awesome advice
@Chosenonevideos12
@Chosenonevideos12 4 жыл бұрын
Love the video. Thx
@TheBetterMenProject
@TheBetterMenProject 4 жыл бұрын
Thank you 🙏🏻
@jermainsmith40
@jermainsmith40 5 жыл бұрын
1. Market my mobile phone repair more widely than family and friends. 2. Check websites for house clearance stuff that I can rejuvenate and sell on. 3. Identify my liabilities and cut my expenses such as netflix and other subscriptions, such as my gym because I never go! 🙈
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Boom ☝🏻 when will you get started?
@jermainsmith40
@jermainsmith40 5 жыл бұрын
@@TheBetterMenProject I have kinda started on the mobile repair side, but not really disciplined due to time restraints - married with 5 kids. But i called it @mendamobile and I think outsourcing could help me market exponentially. As for 2 and 3, I will start that today!!! Thanks for holding me accountable!!!😊🤝
@theguitarvirtuosoforgod1152
@theguitarvirtuosoforgod1152 5 жыл бұрын
This video is great but you have to join a thing called webinar jam for 39.99 per month with a one year commitment before you can see the class mentioned at the end of the video. I can’t spare 39.99 right now. If the rest of you can then go for it and I wish you the best. Otherwise, don’t waste your time.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
The class is actually free. All you have to do is register (no credit card needed) and enjoy. You also get a free book 📚☝🏻
@theguitarvirtuosoforgod1152
@theguitarvirtuosoforgod1152 5 жыл бұрын
Ok, I’ll see
@johnspeight5821
@johnspeight5821 5 жыл бұрын
I liked this video a lot. I try to do a lot that was in here. How do you feel about investing in index funds? Currently, I have a Roth IRA invested in voo. I"m looking to diversify with bonds and real estate, but I'm not sure which specific index funds to use.
@MoMo-00
@MoMo-00 4 жыл бұрын
Search up REITs for real estate How about some international index funds as well? (VT or similar)
@shebasamused
@shebasamused 4 жыл бұрын
1. Sell stuff in storage 2. Post my music 3. Look into part time job
@isettech
@isettech 4 жыл бұрын
Absolutely true. Instead of paying credit card and car interest, I reinvest dividends. Currently my dividends is buying about $1000 more in assets a month. I remember when it was hard to have $50 left at the end of the month to save. Used to live paycheck to paycheck. Not anymore. Impulse buying has been replaced by a shopping list. Delayed purchases are on a find it used, on sale, etc instead of full retail. Needed a large format printer for 11X17 paper for schematics. Found an office supply auction of used equipment. Got a networked color laser with 4 paper trays for under $100 in running condition with toner. Wanted a diesel generator. Rental outfit was auctioning off their used inventory in an upgrade. Picked up a trailer mounted 3 cylinder diesel generator for about 1/2 the price of a Honda 2KW silent inverter model. Water cooled, electric start, 240V and 6KW rated load, with 8KW for up to 30 minutes. I still get stuff, but it cost a lot less. Had a video projector on the wish list. Bought a lot of 6 of them at auction. Gave one to my dad, one to my brother, sold one for the price I paid for all 6 and sold 2 more for a profit. Free projector for me, my dad, and my brother. Bought a pallet of used computers from an office upgrade. No keyboards, mice, monitors, or hard disks. Bought some solid state drives, keyboards and mice and sold 3 for the price of the lot. Kept a 6 core machine with dual graphics cards with each supporting two monitors for myself. It has 16 Gig memory. Again, from the sale of the other machines on CL, got a nice 3 monitor gaming setup for CAD and video editing. Controlling your spending does not mean doing without. It means getting more bang for the buck.
@irmaindriani
@irmaindriani 4 жыл бұрын
well explained. thanks :)
@TheBetterMenProject
@TheBetterMenProject 4 жыл бұрын
Happy to help 👍🏻 Thank you for watching :)
@sophiek3292
@sophiek3292 5 жыл бұрын
Coffee IS a living expense!
@Ghanaba23
@Ghanaba23 4 жыл бұрын
How?
@rnglilo0256
@rnglilo0256 5 жыл бұрын
I wanted to be a cardiologist before because everyone encouraged me to do that but this year(my last year at school) i feel that i like business mire than being a doctor, but i am already a scientific student but i can study some economy courses during summer but the problem is that now no ones encourage to study business and they tell me that i won't be successful in it bevause i am not born in a wealthy or rcih family but a normal one so what can i do with my businesse eductaion they asked and i said that i can start with at least 1k$ a month and then invest and get more and increase my wage and get to higher levels and places but that problem is i am not sure that going to business university is the right choice or i just should go to medical school and be a doctor and get at least 6k$ a month, so can you help me guys? Much appreciated!
@chathuraekanayake1600
@chathuraekanayake1600 5 жыл бұрын
Dude cool video Btw which software are you using for editing?
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Is called videoscribe
@Gh..o..s..t
@Gh..o..s..t 4 жыл бұрын
buy a share of stock.. owning stocks is the only true passive income asset out there
@emanuel_soundtrack
@emanuel_soundtrack Жыл бұрын
Dan lock at the end messed up lol
@bestlife3062
@bestlife3062 5 жыл бұрын
Its good motivation
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
That’s great, now let’s execute 💪🏻
@Simon-je7ko
@Simon-je7ko 4 жыл бұрын
Well, since we are in a pandemic. I did reduce my costs to basics. I invest what I do not need. I generate income by investing. Since there is no salary coming. If I would not have at least six of emergency fund. I would not even think about doing that. But now it's a great time to buy great companies at a great price. So I will be loading my shopping cart.
@McWrisk
@McWrisk 4 жыл бұрын
People who understand how money works get wealthier. People who don’t, make the wealthy people wealthier. All about education and discipline. Nothing in life is given or guaranteed. There are some with advantage, true. But! Discipline and education can make those who started behind get ahead!
@emanuel_soundtrack
@emanuel_soundtrack Жыл бұрын
1. Leave your job 2. Regret 3. Come back again 4. Now regret one more time
@emanuel_soundtrack
@emanuel_soundtrack Жыл бұрын
And get enlightened
@mayurrane1125
@mayurrane1125 5 жыл бұрын
That's the difference of not being materialistic
@joonjoung38
@joonjoung38 4 жыл бұрын
"Games are won by players who focus on the playing field - not by those whose eyes are glued to the scoreboard.” - Warren Buffet
@purplebutterfly360
@purplebutterfly360 5 жыл бұрын
The Better Woman Project ♥ love this video. Also I see Dan Lok in the end 😃
@GoingGreenMom
@GoingGreenMom 4 жыл бұрын
I actually found the better men project by searching how to be a better woman. Lol.
@DOMiNOUKAE
@DOMiNOUKAE 4 жыл бұрын
Y'all always have to make shit about yourselves 😒😕 better MEN project
@servusdedurantem
@servusdedurantem 3 жыл бұрын
Dont use credit cards pay cash if u have the money its ok if u dont then u cant afford it at the time being stay away from installments stay away from debts
@Keeptrucking-hq9ft
@Keeptrucking-hq9ft 2 жыл бұрын
A lion will never tell a gazelle how to hunt.
@DiyEcoProjects
@DiyEcoProjects 4 жыл бұрын
5:18 hi there. Can i ask a question please? can you give me pointers on what types of things to research with will create "money generating assets"?
@justinacase2623
@justinacase2623 4 жыл бұрын
Like buying a truck. If you just use it for yourself it's a asset , if you haul things for money it's a money generating asset. Although it's really a depreciating asset ,you get the idea
@DiyEcoProjects
@DiyEcoProjects 4 жыл бұрын
@@justinacase2623 Thank you Azzo. Do you have any recommendations?
@justinacase2623
@justinacase2623 4 жыл бұрын
Yes , on KZbin find investing with Rose. She has great info on investments. Easy to understand too
@DiyEcoProjects
@DiyEcoProjects 4 жыл бұрын
@@justinacase2623 ok thanks, ill check her stuff out. Discovered infinite banking the other day, was interesting
@DiyEcoProjects
@DiyEcoProjects 4 жыл бұрын
@@justinacase2623 Shes awesome, great videos. Have a good year, all the best
@chinwemaduka2430
@chinwemaduka2430 3 жыл бұрын
Invest in yourself by reading more self development or personal finance books. 📚 Never start any new business till you first invest TIME ⏲️ not money in READING and studying about the business.
@letsRegulateSociopaths
@letsRegulateSociopaths 3 жыл бұрын
1. Starting off Rich.
@brainguy3263
@brainguy3263 5 жыл бұрын
The biggest difference between rich and poor is they way they think. Most people are sad and poor because they have a sad an poor mindset. Until they get rid of that sad and poor mindset everything they do will blow up in their face.
@coachvaly
@coachvaly 5 жыл бұрын
the "saving money" is a misconception the rich do not save they invest....it's always about cash flow...
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
That’s why he next step in this video is... invest in Cashflow Generating Assets.
@frazierchipagala2080
@frazierchipagala2080 4 жыл бұрын
but we r not the rich
@williamd7161
@williamd7161 5 жыл бұрын
Grant Cardone is a CONTREPRENEUR.
@sahilchawla9339
@sahilchawla9339 4 жыл бұрын
Please no Ads in between the video. It's very distracting.
@rantingtheverse008
@rantingtheverse008 5 жыл бұрын
Your back!!!!!!
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Back and ready to create some killer videos
@DrainFlavors
@DrainFlavors 5 жыл бұрын
what kind of income generating assets are you guys looking to buy/invest in ? comment below
@JAXEGCM
@JAXEGCM 5 жыл бұрын
Brandon Kellum clothing brand to start as a side hustle to increase my income monthly / yearly then I want to learn real estate.
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Real Estate ☝🏻
@robertmelvin7908
@robertmelvin7908 5 жыл бұрын
For #4 I use Bill Gates as an example. I've heard he was living in a small apartment until he got married. And then there's Warren Buffett, he bought a house for his planned family back in the 1950's and still lives there.
@thegoldenloot3023
@thegoldenloot3023 4 жыл бұрын
Money saved his money lost. Completely disagree with you regarding saving. Money has to work to make more money and that means investment.
@LEOEAT.
@LEOEAT. 5 жыл бұрын
I like your video it help me a lot thank you for sharing this beautiful video I know you spend a lot of time to create this video. That's why when I see your channel I finish your video and I Subscribe you right away. More power on your channel and I'm going to watch all your videos. God bless you. I hope to see you soon on my small channel .
@TheBetterMenProject
@TheBetterMenProject 5 жыл бұрын
Thanks man, I appreciate that ☝🏻
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