5 things I stopped doing to become a millionaire

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To become a millionaire I had to changed my mentality around money. My whole life I used to think becoming a millionaire was an impossible goal to achieve, but once I started really researching how to do it, I realized it's not as impossible as it seems. And in today's video I'm discussing the 5 things I stopped doing to become a millionaire, tips which I hope will help you to become more successful and financially savvy!
00:00 Intro
00:49 Chasing Pennies
04:02 Letting Go of What Other's Think
05:50 Don't be the Smartest Person
07:13 Managing my Time
08:25 Stop Pursuing Active Income
09:43 Remove Shallow Work
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NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).
Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.

[@user-FM1]

"If you are the smartst person in the room , you are in the wrong room " Lesson learned ✅️

[@harryverlander7233]

What if you’re the smartest person in the world 🤔

[@user-FM1]

@@harryverlander7233 then enjoy living and don't worry about anything.

[@OhNoNotAgain42]

Every time that I’m in a room, I see someone get up and leave. Then another. Then another. I’m always the last one, left alone, in every room. I can’t figure out why.

[@lunang8864]

“Stop pursuing active income” thats a Wow for me. Thank you

[@KendraRN]

Thank you for your content! I’m binge watching

[@3Courageous3]

As someone who wants better for themselves financially, thank you from the bottom of my soul for this video.

[@positive_energy8259]

@@mokumizu4318 😉

[@ABLE1]

Thank you for all your work and videos. I also know a change is needed to move towards the life I want.

[@WellBehavedWallet]

Such helpful tips - completely agree with trading time for money. Huge shift to transition into a position that allows you to scale up.

[@alexcaporicci3265]

First video I've seen outside of shorts; amazing content and appreciate the educational imformation you hand out!

[@alavotremagazine9728]

Erika, your such an amazing person! Thank you for all your videos and sharing your journey and knowledge. You truly are making a huge difference!!!

[@lilramborambo4399]

It's great to see you again... Hope all's well with your travels... Great stuff as always..😉👍💛🤑🤑🤑🏆

[@squadabingo9113]

Lil Ramby tryna get in them drawers

[@thedufloth]

I love your videos Erika, it is helping so much. Thank you!

[@mallorywest1535]

I discovered your channel through a Short. I’m so happy I did! I’m intrigued and hooked already and as I explore your content more I’ll let you know what I decide to do. I too want to be an independent millionaire . I can tell you that you have great eye contact with the camera. It feels like your talking directly to me not a mass audience. I like that! Thank you and I’m off to explore your content. 👍

[@jermaineboyd6594]

Ah great to see you once again,it's been a minute since I watch one of your videos I also watch your shots too,I think any thing is possible I just got to put my mind to it.

[@godwinokpara8597]

Great tips! Thanks

[@anastasiyasolomonenko9017]

Thank you so much for sharing ❤ 😊 Its Amazing 👏

[@dave1ahc]

I really like this video that you did particularly the part about exchanging time for money. I’m a mentor with the small business administration one of my mentees was using the same verbiage and I’ve used it for a long time and I’ve often said that if you can find a way to make money while you’re sleeping you got the perfect thing. Keep up the great work love it absolutely love it!

[@kayleighskitchen646]

This was really helpful thanks x

[@serahaupong8977]

Thank you so much for sharing these

[@carolinesviews47]

You thought me so much! Thank you for that Ericka. ‘We never stop learning, until we are no more’. Talk soon. Lady Caroline

[@RealPolya]

thank you for the inspiration :) its so refreshing to see how people think outside the box and break through the stereotypes

[@grantajgaming5459]

Appreciate your honesty

[@superking1546]

Amazing video quite informative 👍

[@douglasgrossi196]

You are so amazing…. Thank you very much for being so transparent.

[@kelechinjoku7276]

Well done. Enjoyed every moment

[@VSGLife]

Gurl! U are on fire! 🔥🔥🔥🔥❤️ Appreciate u so much! 🙏🏾

[@freecloudfish]

Thanks Erika, these tips are useful, please share more :)

[@sofialeonardo8777]

Inflation is killing my budget and my salary. I can't invest and it seems like I will need to sell all of my risk assets to keep my head above the water this year.

[@Erika2]

Get Loom for free now at loom.com/erika Thank you to Loom for sponsoring a portion of this video!

[@alexcaporicci3265]

Sending short productive looms instead of holding longer meetings is a great idea!

[@NifftyTheKiller]

U look like a 16-year-old and way too young to be a lawyer LOL BTW no offence

[@Animallover-ky5ss]

I think that you're amazing I'm really glad you started posting on KZbin !

[@crowgrl13]

You have a bunch of spammers in the comment threads, including some claiming to be you.

[@allenrodriguez7387]

First time ever watching one of your videos so I subscribed right away and thank you in advance for what I will hear

[@financialfiat1911]

Always great advice.

[@heatherfeather9951]

You are an inspiration in so many ways!

[@no.12_Production]

Your channel is great! The advice about using yt shorts to help your channel clearly works as that is how i found your channel! 💪

[@jesscallisto5907]

i adore u. so humble yet prosperous. love to see it

[@MutsyChils]

I completed University 6+ years ago but up until now I haven't been able to find a job that pays me well or on time and I still have no stable source of income. This video is such an eye opener because I've been contemplating starting a KZbin Channel and doing TikTok videos I know I can also become a millionaire and I'll make sure that dream comes to fruition

[@kastnostones]

Start today....don't delay!

[@Pinaywithadhd_19]

Keep dreaming

[@xejelah]

It's been a year since you posted this so....how's it going? You're there yet? Progressing? Started at least?

[@MutsyChils]

@@xejelah I have been more active on Facebook and TikTok and I started a huge garden. Also grew crops... I'm not moving as fast as I'd like but I'm definitely not where I'd like to be but far better than I was a year ago

[@MrJbaker020]

Congratulations on becoming a Millionaire. I remember your 1st video's how hard it was for all the trolls bothering you. You are an awesome example of success. Thank you for all you encouragement.

[@WeartheGoodSocks]

ooh now I have to go watch her earlier videos. (new to the channel) 🙂

[@WeAreAllPerfectasis]

Wow! What an amazing video! I am currently in transformation of my mindset and on my way to becoming a millionaire. I knew from the day I met you that I wanted to be the "not smartest" person I YOUR room. Your courage to break free from your conditioned mindset and take action to become the person you were meant to be is inspiring. Seeing your social presence growth and impact over the last year has shown me that the dream is real if you adopt these new habits. Also, never heard of Loom. I am signing up now. I use all of your applicable referral links. Do you have an affliaye link to the book? I am following your framework to build my business 💖

[@Ms.Irod2024]

Just here to support you in your journey I saw the video where you became millionaire and I'm like im going to subscribe , I'm here for it

[@tameralusk9089]

Awesome video ! I love all your tips

[@katylear3971]

You are an amazing person I love the way you explain the video is very encouraging

[@JayavarmanSeven]

Excellent video!

[@patriciahairstylestv]

So cool thank you 🙏🏾

[@raymondduncan5268]

You know, you connect. I like your explanation and your enthusiasm to enlighten. You have a gift.

[@arigutman]

Loved this video and I feel most people would take a look at the title and coil back given you are sharing what you stopped doing to become a millionaire, it most likely hits like the word budget... sounding restrictive in nature, but ultimately setting you free.. The reality is someone has to change their mindset and lifestyle to get to millionaire status...

[@brighteyedsmiles]

clear, helpful and inspiring!

[@katylear3971]

I just now come across your videos I love them and I subscribe to your channel.

[@queentinadoire6931]

Smart, Beautiful, Powerful and Rich Woman. I am proud of you. I am in my mid forties and still believe in the dream of becoming a millionaire. Starting the journey this year. I am not going down without a fight!!!!!

[@18wheeler76]

due to inflation everyone will be a millionaire soon

[@AlexandraAnnette]

Yay it’s been a minute for long content :)

[@MyThougths]

Great video!!!!

[@jodib679]

Great vid!

[@ethangamer3173]

Hey Erika, ur back

[@confusedindividual]

“If you’re the smartest person in the room, you’re in the wrong room.” Schoolteachers: 😨

[@erakoraoghenekevwe2275]

thanks Erika..congrats babe..more heights

[@SimplyHealthTips]

Absolutely love it! The letting go of what others think of you goes beyond starting a KZbin channel. My first video (that I did post) was AWFUL. Slowly my videos got a little better (I think). Many people told me to take that video down. I told myself: "No. I want people to see the human in me, and to let them know that it is all a matter of learning, growing and improving, and doing what you love.", so thank you! This is such an important message for a happy life. ❤❤❤

[@josephmaddox1618]

I'm one hour behind you lol thank you for your time 😊❤️⚖️🇺🇲

[@josephmaddox1618]

I'm sorry but IDK what does DM means ?

[@graphenebusinesslaw]

Love Erika!

[@lernenderzukunft]

Who are your KZbin friends? André Cheek?

[@DavidsDoseofItaly]

Does replying to YT count as shallow work ? Great video. Passive income is great!

[@xejelah]

yup

[@gracesamuel9640]

I really love this video thank you so much I'm from Nigeria I really need something providing me money

[@sarah.j.777]

I'm afraid to invest because I don't trust the system. I have my money in 2 bank accounts in case one goes corrupt and keep cash at home. Lately I'm thinking about real estate because it's an actual, material thing that's a necessity for life. Even if the entire system collapses it will be usable.

[@andreaamado4835]

Would you consider making a video with suggestions for additional sources of income ("side hustles") that might be worth it?

[@gma1389]

Thank you

[@SynterraSteen]

Be patient with the results. Got it.

[@empetrys]

0.50$ story made my day...really funny:)))))

[@Ubeogesh]

I think "Stop Pursuing Active Income" chapter has a fault. The example of making a youtube course, specifically, and making it perfect ("as comprehensive as possible"). It sounds like a suggestion to make a huge project right away. But one really needs a lot of experience and dedication to complete it. This only applies to well experienced and extremely internally motivated people. I guess that's what it takes to be a millionaire, but IMO this part has to be said. Also striving for perfection goes against 80\20 rule, which IMO is essential to being efficient with time.

[@xejelah]

Soooo,...... are you a millionaire?

[@CD12VIDEOS]

I love your videos but what’s the point of being a millionaire if you can’t spend the money. I say enjoy your money and life while you are still young. I’m definitely frugal but I will treat myself to a dinner or a mani/pedi.

[@divx1001]

You missed the point, she actually said that you shouldn't chase pennies...

[@chimbuzi1]

Sometimes it's not about the money but rather about optionality and freedom 🤔

[@Winterstick549]

You need to rewatch the video

[@luiscarranza6731]

So that later in life, you can live and give like no one else. ~Ramsey~

[@costa2ber]

It depends on what are your priorities. I’m a caregiver and seen elder going to the next life. Their advice “enjoy life enjoy family, and if you are gonna work do it to enjoy what you do and enjoy what you worked for. Do not be a slave to money or to your job. What’s the point of working and making a lot of money if at the end you are not going to enjoy it. Just recently I was working with a man who worked hard all of his life, he said he never big a new car that he didn’t know what the smell was, not because he didn’t have the money, but because he chose to save that money to have more for his retirement. Ask me where he is now, and if he is enjoying what he made. Others are though.

[@ajujosephkailath7596]

Your TikTok’s are lit 🔥

[@neilaltschuler6064]

Help me please, I have seven figures I want to invest. I'm retired and 67 year old man . I need a plan. Please help. Where do I begin. Banks? Fiduciary advisors? Thanks I'm glad I found you again.

[@johnlazo4034]

Erika, your advice is solid, but this is hard to apply when your living paycheque to paycheque.

[@LA-do2zf]

I agree with you, this video is not for the average working person.

[@xejelah]

You can't hang out with successful people and come up with a plan while working pay check to pay check?

[@JJ-xz8dk]

Me with ADHD: “There are people who can do work without ever getting distracted?” 😳

[@AlexandraAnnette]

Omg $480 an hour that’s amazing

[@ericwiitala5407]

Excellent video Erika.

[@Announcement2024]

Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet

[@xejelah]

Don't you have a tax accountant and financial advisors? You should with that kind of income - they'd be able to help you with all of that and make plans with you for your lifestyle and desired future.

[@chukchee]

Everything is possible.!

[@myrahj1482]

Boy, I may need to start over with a new group of friends. Where do we meet these smarter people 🤔

[@joshlcaudill]

You’re an impressive young lady.

[@deepstate8474]

If time is money, and you are limited on time, then you must take other people's time to make more money. How will you make more money if you don't subject others to what you said you don't want to do: chase pennies.

[@SynterraSteen]

Products, product based services. Reselling. You have to find a way to make money equal time.

[@deepstate8474]

@@SynterraSteen could you expand on this please?

[@omgeelizabeth]

luv u💗

[@robinsolcruz]

If you are the smartest person in the room, you are in the wrong room.

[@matt22blaster]

I found you through a KZbin short.

[@Erika2]

thank you for watching!

[@derekmcnulty2559]

By your logic ALL lawyers should be millionaires. Havent seen a lawyer in my area who charges LESS 5han 500/hr.

[@roni-yah9342]

Oh u missed the point buddy boy!

[@joannapatterson4625]

It’s not how much you make. It’s being very intentional about the money you have.

[@missmaryjanegreen]

So you admit you missed the entire point. Bravo 👏

[@donaldlyons17]

@@joannapatterson4625 How can that be. Making nothing means you will likely end up with nothing!!!

[@joannapatterson4625]

@@donaldlyons17 read my comment again. I meant exactly what I wrote. Be intentional with the money you have.

[@swe201]

Thanks for this video.. it is really eye opener, from the first point 'stop chasing pennies' it hits me hard..cos that I have been doing so far. Keep inspiring! ❤️ And you are so naturally beautiful and especially your teeth, they are amazing :-)

[@julierichards.c]

Hi Erika!

[@YasinNabi]

if you are not making money as passiv income, then you are missing the time out ! subbed ! a fellow creator

[@cmritchie04]

Legal question: if I start my own youtube channel should I put in into a Tax Identification number? Thus creating a "firewall"?

[@HC_End]

Hey how do you get into contact with these people that will help and guide you to growth? Most people that are successful aren't a phone call away. Thank you I hope you read this.

[@xejelah]

network - join local groups for the field you want to excel at

[@deepstate8474]

I don't want to be a product or a brand. And if I'm watching this video I'm watching a pitch.

[@MB-gl2bl]

*Suze Orman, Dave Ramsey, and Robert Kyosaki joined the chat*

[@Jimmyyy5]

Encouraging video

[@Gabi-xs4ez]

tksm

[@lornachapman4398]

I struggle with this, I mean we wouldn't function as a society if everyone was doing this. It also wouldn't work and people just don't have the luxury of giving up everything. We need people to do the 'shallow work' otherwise were would even you be?

[@donaldlyons17]

Eah but he catch is this telling people that many of them will end up very poor is not what people are looking for. It is honest but so many in finance know telling them they have a chance to be rich will get views and subs and watch time. They are attempting to catch flies with honey rather than with vinger.

[@capgains]

@@donaldlyons17 😬

[@joshelizaldestudios3088]

i love u Erika

[@The.AI.Finance]

Oh no, someone beat me to first :(

[@jaimemchucari7004]

Are u the tiktok lawyer. ? Question Can I buy stock without ssn, using ITIN

[@user-np4zf6uj3j]

The Loom link does not work...I get a 404 error.

[@avilla4013]

1:05 🤣🤣🤣

[@healthydeliciousvlog3044]

If other can do why can't i

[@wanderlopez3273]

Thank you I miss you

[@Marbledesertproductions]

I don't like the idea of passive income to replace working. I enjoy working.

[@ElinWinblad]

The income would allow you to work on whatever you wanted, whenever. No need yo be scared of being sick and missing work and then getting fired and losing your house. You could do anything without restrictions

[@Marbledesertproductions]

@@ElinWinblad That what I was thinking after I posted this comment, believe it or not.

[@thelovelylife7451]

Working is great when you don’t have to rely on it for survival. I feel like I would be more productive if it were like volunteering. I could also be more flexible with my time and not have to do jobs that suck the living life right out of your soul. I can also then do jobs society doesn’t place a high value on. As a healthcare worker, you have to go into insane amounts of debt to move up the ladder! Imagine being able to pay off your debt and then enjoying your job! You can also just work part time to prevent burn out and have another side passion or hobby! Also, as a single mom, I would much rather spend the precious years with my child since I will never get those days back

[@xejelah]

@@Marbledesertproductions You don't have to replace it if you enjoy what you're doing, but you have more options with more income at the end of the day.

[@farhannahraf6483]

City Harar

[@rowpman232]

Question: What kind of lawyer are you? I really want to be a lawyer & next year when I’m in senior I’m studying legal studies. Also I’ll be doing extra curricular law activities.

[@larryc1616]

Finance

[@xejelah]

She was a corporate lawyer

[@JustInvestToday]

Millionaire dream!

[@goodcommunicator1687]

Some people don't have a choice but to exchange time for money. Even as a businessowner, you trade time for money. Quit putting time in your business and you won't have a business,