Basically boils down to two things, "Don't waste money on BS stuff and learn to do math" :)
@scotteric871123 күн бұрын
This is the way to escape Samsara. 😎
@weinowei14322 күн бұрын
Can you do it~~ that's the real question
@goldeneggduck21 күн бұрын
1. Lifestyle inflation 2. Pay more tax than legally required 3. Spend to show off 4. Load up on bad types of debt 5. Not tracking spending 6. Not saving not investing 7. Overspending
@jennifercrosdale539123 күн бұрын
My husband was laid off and out of work for 3 years. I worked a full-time job and 2 consulting gigs to pay our bills. It taught me to never have expenses that will exceed a single income. Hubby and I have been consumer-debt free since 2008 and it's really nice. We track our expenses which shows us exactly how much we spend and set limits for food/eating out/booze and have a goal to put 25-30% into a high-yield savings. We are trying to buy our first place and we are in our mid 50's.
@JackofAllGigs23 күн бұрын
How in gods name was he out of work for 3 years he could have worked at McDonald’s while waiting to hear back career jobs $20 an hour keeps you afloat
@agunner626223 күн бұрын
Out of work for 3 years aka lazy
@Kushert23 күн бұрын
Imagine not working for 3 years straight 😳
@Sal-ub7lt23 күн бұрын
I thought It would have taught you to ask your husband to get Any Job!
@zf178623 күн бұрын
@@JackofAllGigs maybe he took care of the kids back then? that adds up too if you dont have support
@jonathansoto636621 күн бұрын
I stopped going to fast foods through the week, now I bring food from home. It saves me a ton of money
@carmenedwards386314 күн бұрын
Very smart, and more nutrient ❤
@carmenedwards38639 күн бұрын
Smart move❤
@DoubleOhSilver23 күн бұрын
#8: allow your government to print money faster than you save. Happened to me. Avoided 1-7, forgot about 8
@TougeTime21 күн бұрын
If u have assets ur networth grows with it
@nunyabusiness13172 күн бұрын
@@TougeTime this
@AlexPGA23 күн бұрын
This guy is gonna be regarded as one of the greats in the future he’s just so honest and real
@joshuamerrill395923 күн бұрын
Lmao the word “regarded” has been violated for me lol
@AlexPGA23 күн бұрын
@@joshuamerrill3959 why?
@blackdynamite417423 күн бұрын
I agree, definitely my go to Economic Adviser.
@SewingBoxDesigns19 күн бұрын
@joshuamerrill3959 Okay, "looked up to"
@StuartGrand23 күн бұрын
"I have an amigo" caught me off guard haha
@SouthernDrinkSlinger23 күн бұрын
This made me LOL. I have an amigo who has 700,000 pesos.
@shortiejayyy23 күн бұрын
Hahaha dude same!!!
@DavidHoughtaling23 күн бұрын
That was great 😂
@goldrumble-rw1ji23 күн бұрын
im not addicted to gambling im dedicated to winning -Sun Tzu
@FadiGamingRP23 күн бұрын
😂😂😂😂
@joemama6944823 күн бұрын
That's a real qoute, I was there.
@HD-pc4id23 күн бұрын
Amazing
23 күн бұрын
Pretty sure he never said that
@theredsalmon61223 күн бұрын
Source: trust me bro
@ChristensenStringStudio23 күн бұрын
This video , and this channel should be required viewing for every 18 year old in the country. Then again when they are about to graduate from college.
@kyotoben61023 күн бұрын
14 year olds and every year until technical school or college ends.
@daebak_hana23 күн бұрын
@@kyotoben610exactly. My 10yrs old is already getting these lessons
@aroggo1621 күн бұрын
Or even before college, sometimes college is not for everyone and the cost of student loan debt is not worth for most and could find another path in life with less if no debt.
@ArchieS.-wu2lx23 күн бұрын
"any DUDE with Louis Vuitton..." I died laughing out loud. I know way too many of these. Forking over several hundred for just a belt or a tiny card wallet. Good advice Brian!
@dvgadd23 күн бұрын
I won a $12,995 jackpot and blew it all. Having money didn't make me really any happier, but it was exciting.
@JohnJayAveryIII23 күн бұрын
Ummmmm....
@Tambrose040523 күн бұрын
This is stupid and $12,995 isn't even enough to make whatever it was you bought exciting.
23 күн бұрын
12k is not money unless you are poor
@dvgadd22 күн бұрын
@@Tambrose0405 Y'all just jealous. 😆
@peterjhpark478221 күн бұрын
Hey, at least you bought the experience of being excited.
@YTSparty23 күн бұрын
The best thing is to stay poor. In other words, live in a very affordable home, drive a used car for 20 years, cut your own hair, never go out to eat, buy all your food at the grocery, pay off all debt, live in a low-tax area....basically live like you have amin wage income.
@michaelc106323 күн бұрын
Thats how they want you to live. So you can have less while they have more
@dongyan871722 күн бұрын
No haircuts?!
@donjon838219 күн бұрын
@@dongyan8717they cut their own hair. Who are you trying to impress?
@garciakcfan9 күн бұрын
@@donjon8382that’s one thing that is budgeted for and will always be budgeted for lol.
@Jazzycat5022 күн бұрын
3:58 “The magic blackmailing words.” 🤣 Brian you crack me up…all the time! 👍
@davidj66923 күн бұрын
If more people are like you, this would be a better place.
@Stoppedgetout23 күн бұрын
OMG this was the most important gesture of public service that I have seen in a very long time. Brian, thank you for sharing a lesson that could keep people from falling through the gap/cracks when they unexpectedly lose their job or when they retire. I did those things but only after taking classes at my job. This advice is worth its weight in gold. Thank you
@SAJKAZ-v8t23 күн бұрын
Sometimes , its not your fault , they just tax the hell out of your pay check ! And then tax you when purchasing using the money that has already been taxed!
@kdckicksbutt346123 күн бұрын
It’s a scam
@happyhermit47623 күн бұрын
I’m a CPA - certified parent & Adult. Mostly competent. lol honestly, thanks for this information. I appreciate this and other videos you make.
@ZER0_G23 күн бұрын
Nice 🤣
@clearvaluetax938223 күн бұрын
Thank you for all the support and I hope you enjoy!
@alfredbernal860323 күн бұрын
Bad/good spending habits are very costly nowadays! Please start budgeting People. Thank you Brian for your time and video!
@jole870023 күн бұрын
I only recently realized how important it is to track your spending..... Made a budget for myself and figured I could just "play it by ear" for the first year or so. A few months ago I took a look at my cc statements from last year and found I was spending over $500 per month in unnecessary purchases. You might think I'm just dumb for not realizing how much I was overspending but those $20-$50 purchases really can add up without you ever realizing. Especially if your budget is aimed toward living below your means
@brandonscott301223 күн бұрын
Magic blackmailing words 🤣🤣🤣
@daebak_hana23 күн бұрын
😂
@gialovesjesus835023 күн бұрын
I would add to that list, not maximizing on your 401(k) and not starting early enough to see the power compound interest.
@scopesieboy23 күн бұрын
I was really worried that I was never gonna be poor. Thanks to this video now I will be forever! Thanks Clear Value!
@SewingBoxDesigns19 күн бұрын
🤣🤣🤣
@carmenvalentin818623 күн бұрын
You got my attention when you mentioned your honesty and how you feel about dishonest people, as for me I believe do to others what you want done to you, it never fails
@MGglenn23 күн бұрын
I'm still poor monitarily due to inflation on basic living expenses have been exceptionally high AND working wages are low. This country has not increased wages to keep up as well as retaining employment has been a struggle. I know others are experiencing this as I.
@ThatOtherRaccoon23 күн бұрын
Thanks compa Brian. I budgeting really has helped out. I traded in my gas guzzler SUV and bought a hybrid. The extra money left that I budgeted for gas is going towards the payment.
@yourbodyandyou23 күн бұрын
During the pandemic, I was really struggling financially. However, I kept my job and worked from home. I was able to save enough money to get out of a bad living environment. Once I left, the money went fast but I was free. That savings bought me options.
@littlezero639923 күн бұрын
What about pre-marital pregnancy, not being willing to move for better work, or eating out all the time, smoking? Those all seem to keep people down.
@silver-ageddave284923 күн бұрын
At the three minute mark so he’s basically saying “I hate ALL politicians”
@SewingBoxDesigns19 күн бұрын
That proves the man is sane and normal. Vote for the con artist you hate least is now standard politics world wide. 🙄 If the USA gets any worse, I'm going to just write in vote for Putin or Xio Ping (spelling?) 🤣🤣🤣
@jordandowland725623 күн бұрын
2:50 - I hate dishonest mechanics. I hate dishonest dentists. I hate dishonest politicians. And I hate Graham Stephan and I don’t want to be like them.
@SewingBoxDesigns19 күн бұрын
Our mechanic is honest. Poor guy is killing himself with overwork. He begs people not to put reviews on line. He pays an honest wage, but hired guys quit because he won't gouge customers. 🤷🏼♀️
@greatescape-jc123 күн бұрын
Great job Brian! Can you please share some of your good ETFs, Index Funds, Reits, Stocks ticker symbols that provide good dividend return in the long run? Appreciate all your guidance through all your lessons here. Thanks!
@clearvaluetax938223 күн бұрын
Yes! I definitely will, thank you for that suggestion. I'll get to work on that and have it released soon.
@Mreffrod23 күн бұрын
I’m also wondering if I should put money in dividend paying stocks to live on or try to live on market gains, after retirement.
@rayanderson316423 күн бұрын
Auto pay has made us wealthy. Take the thought out of it and pay yourself first. If I had to remember to set aside money every paycheck or month, I don't think it would have happened. Too many other things creep into life, and it would have been forgotten more months than not. It took us almost 28 years but now retirement at 55 in 5 months is happening. It can be done.
@andreideac396223 күн бұрын
The majority of people don't care,it's all about feeling good at the moment.
@ethanestalilla802323 күн бұрын
Those are the same people who will ask for a handout
@mugenmoogle473423 күн бұрын
Hedonism is one hell of a drug
@gijns23 күн бұрын
@@ethanestalilla8023 THIS.
@omegashenron355523 күн бұрын
Alright I'm guilty of two things on this list. 1. Not keeping track of my spending. 2. Lifestyle inflation. Everything else I'm DECENT with. So I gotta work on the two i mentioned to not stay poor
@adrianespinoza524323 күн бұрын
Do a video on good habits please. For financial freedom
@jameslovell810423 күн бұрын
All debt is bad debt. Solid recommendations for people wanting to start getting their finances in order.
@Chad_Max23 күн бұрын
I wouldn't make that blanket statement. When my friends were paying off their low interest student loans in their entirety I was making just the monthly payments and investing as much as possible. Now they're "debt free" and while I'm still paying off my student loans my net worth is in the stratosphere...
@NoName6642623 күн бұрын
I think for people starting their journey this is good advice, but it's not good advice for everyone. Using debt to get into real estate investing or to open a business is not bad debt at all if done correctly.
@TimGautier23 күн бұрын
not all debt is bad
@sdsbc-z2l23 күн бұрын
Be careful with that ego, I just bought a house in South Miami, but would never say my net worth is in the "stratosphere", maybe 100 million+ like me neighbors can say that, not a random 9-5 guy
@TimGautier23 күн бұрын
@@Chad_Max I borrowed money from one bank at 3% interest and it's sitting in another bank paying 5% interest. That's just free money.
@cliffdariff7423 күн бұрын
Great advice... I started using a tax pro 10 years ago... not only helps save money, but takes away anxiety thinking about doing taxes yourself 😊
@LindaWalker-xr3vx23 күн бұрын
Thank you Brian for that revelation on how to remain poor for the remainder of life, As for me i have become more conscientious during this inflation i don't purchase anything that isn't a necessity and I eat home meals 95 0/0 of the time and as for yard work i do my own why pay someone to do what I'm capable of doing myself especially with the inflated prices i'd rather be proactive than not having enough.
@MagnesVestergaard23 күн бұрын
I'm so poor that I can't even pay attention.
@cassiecreech994523 күн бұрын
This is probably my favorite video of yours!! So funny but true!!😂😊
@Albino_Paleta23 күн бұрын
Thank you Brian ! You do what traditional education avoids doing, Teaching one of life’s important lessons, being financially responsible! 💯
@carlosferrero870523 күн бұрын
Amigos need pesos to buy really good enchiladas. I would do just the same, I cant resist good Mexican food.
@brienkliver652823 күн бұрын
I deliver for doordash and someone spend $16 on a single slice of cake today. Lmao
@newmobile145517 күн бұрын
better get 3 hours of super charged energy from that slice of cake
@SonOfGodzilla7523 күн бұрын
I'm a bit more efficent than that as for me its only 3 Habits. 1. Alcohol 2. Drugs 3. Brothels
@goldeneggduck21 күн бұрын
Some sales managers introduce these to their staff to make sure they are hungry for more money!
@matw1x21 күн бұрын
Stay frugile no matter your income. DCA in an EFT such as VOO. Stay Single.
@frawdulent23 күн бұрын
Where was this video in 2020 and 2021? Those stimulus checks should have gone to pay down your debt, invested, or saved in your bank account. Instead, people got $1000/month car loans that they can’t afford.
@VRGamingTherapy23 күн бұрын
I was not prepared for this reverse psychology.
@Lazarusrizing3 күн бұрын
"Magic blackmailing words" is troubling after hearing you hate dishonesty. I hate dishonesty, too. Respectfully, you can be honorable and discerning, too. Thanks for the video.
@ALPHA-ROTH23 күн бұрын
brilliant....this wins the internet today.
@steveshow-tos539423 күн бұрын
I started putting more money into retirement accounts a few years ago with the idea that I’d pull back my investments for a few months each year and use that money to take a vacation. But I haven’t been able to bring myself to do so yet because I realized that with compounding interest over the next 20 years until retirement, I can take one trip now, or 2-3 trips in retirement with that money. Or more if I keep investing my annual cost of living raises into my 401k. It’s a bit addictive to see an actual number besides a 0 in my 401k. 😂 Perhaps this is a strategy folks could use if, like me, you enjoy spending all your dough on experiences today at the expense of having some fun in your golden years.
@Jakkaribik114 күн бұрын
Let It inside because once you are Older you are happy to do 20 Times more than now but do not Stop with Fun Stuff just Reduce Investing if you want.
@clericstorm200923 күн бұрын
I'm not poor, just rich in desire.
@dhpitcher23 күн бұрын
#8 is poor health
@daitrong22 күн бұрын
Love watching your videos. Your persona feels like my dad or uncle lecturing me on how to get ahead in life. Feels like you're giving advice with our best interest in mind. Not like other click bait investors who try to only get the views.
@brileyjf23 күн бұрын
#8 - Keep voting for people that want to raise your taxes.
@MrGWAMPO23 күн бұрын
so... vote Trump?
@dhpitcher23 күн бұрын
Outstanding point
@larynOneka808023 күн бұрын
Most people don't even pay taxes.
@sebastianlucas70423 күн бұрын
@@larynOneka8080We should lower them still.
@algore564423 күн бұрын
Since 99% of us are building wealth by labor income: Keep voting for people that try to exploit your work and keep your wages below minimum.
@Mexican_Mike22 күн бұрын
"Dudes with Louie Vuitton, so embarassing" haha. This guy is funny without even trying!
@agodelianshock942223 күн бұрын
#8. Not having a high enough income
@SpeekofDee23 күн бұрын
I always hear people say invest. How do you invest? It's so confusing.
@jimv7723 күн бұрын
Staying married to the wife with our kids personally will keep me poor forever.....sigh.....
@luxurybuzz368123 күн бұрын
Lame excuse
@krackerToo23 күн бұрын
God loves honest people Shalom...👍👍💯🙏
@JourneeToBlyss23 күн бұрын
Your videos are straightforward and short! Thank you 🙏🏽
@Heat-kr2od22 күн бұрын
Great video! I have no idea why the question keeps coming up on either to pay off Cc debt or invest. I mean come on, 20+% interest rate on your Cc.. it's really not hard to understand
@audieallen973423 күн бұрын
This is so important. Everyone should see it.
@ImChickenLittle23 күн бұрын
How to stay poor: spend money like you're rich How to stay rich: spend money like you're poor
@SewingBoxDesigns19 күн бұрын
This is the way.
@Jakkaribik114 күн бұрын
Problem Poor People average Income still does not spend like the Rich they only are Lossing great anmounts of $$$
@jhigh12523 күн бұрын
Mechanics and dentists catching strays out here 😂
@smileystevie966223 күн бұрын
Thanks, Brian, for the good tips.
@CatFace-p2z22 күн бұрын
I live in India and only make $50 a week on a 40 hour week job how can I not be poor
@Maddie-lv5sg23 күн бұрын
Paid off my mortgage, no credit card debit, older cars, and my husband still works and I have social security.; Entertainment is just Netflix and Prime and we allow ourselves to buy 1 move a week. Only eat meat 3 days a week. Still....suffering under those price increases across the board. Never thought this would happen.
@SewingBoxDesigns19 күн бұрын
Psst, look for free movie sites. They are all over the internet. 😁
@catzlady.818923 күн бұрын
You are brutally honest. Thank you.
@daveschmarder-195023 күн бұрын
I use spreadsheets to track my spending, track my income, and one to keep track of my investments. I've done this for about 10 years with my current sheets. I use a 1040 tax estimator to get me close on what I owe for those estimated payments. It is nice and smooth for me.
@itguru203723 күн бұрын
How about if your income stays flat for 15 years as here in USA and your taxes and cost of living go up as here in the United States? Brian, you are not living in the same world financially as your viewership.
@itguru203722 күн бұрын
@ClearValue277 is this an international number ? Perhaps from China?
@marvinkyee200323 күн бұрын
Hello Brian, do you have any update on 1099 form for the upcoming tax year? Thanks in advance.
@jrraven323023 күн бұрын
Thanks Brian 😊
@clearvaluetax938223 күн бұрын
Hi JRraven! It's always so wonderful to see you!
@marlenerice818423 күн бұрын
Happy Monday Brian ! Great video, thank you .
@dawna418523 күн бұрын
...I'm returning that new Ikea shelf that matches the one I already own....an unnecessary expense! I only bought it to display other unnecessary stuff I wanted to buy...Thanks for bringing me back to reality, Brian!
@JW-ku7nn23 күн бұрын
This channel just became another FIRE movement channel
@pamelawoodall589123 күн бұрын
Brian, were you born on the same planet as Superman? I think so.
@wildfoodietours23 күн бұрын
Love how you tell it like it is Brian. Keep up the good work.
@Therulerof7222 күн бұрын
I am in my 40's. I have worked as a grunt laborer my whole life.... But I live by the "rule of 72." I now have more net worth than all of my other five siblings and both my parents combined.... Even though half of them make twice as much annually as I do. My wife and kids and I live comfortably at the level of our means once we have paid ourselves and made our investments first. At this point, as someone who's been driving 10/15 year old vehicles etc... I'm kind of scratching my head what to do with all of the millions later on 😁
@newportsinthebox23 күн бұрын
You knocked this one out of the park!
@vesper819023 күн бұрын
Wouldn’t you want an EA to do your taxes since they represent you in case of an audit? W2 earners are probably more likely to be audited since that budget line added for the IRS last year. They’re not gonna go after large corps with those fresh new hires; they’re more likely to go after your every day Joe.
@SewingBoxDesigns19 күн бұрын
That's exactly why the government increased the tax army and authorized them to carry weapons. 😕
@oapw308723 күн бұрын
Brian you are the friend I wish I had.
@pomp440123 күн бұрын
Timestamps?
@5.0_Draco23 күн бұрын
Do you do taxes for other people in different states or you only take care of local people. Thank you.
@anthonywilliams789523 күн бұрын
You are cool , I like your channel keep it up. I wish I knew this back in time.
@irvingperez291523 күн бұрын
Thank you for that info. Nice approach.
@lindsay198923 күн бұрын
Please do a video on Kamala’s price capping plan and 25k for first generation home buyers
@fishbinky23 күн бұрын
money habits that keep me poor under fasci- i mean capitalism 1. eating 2. drinking water 3. sleeping under a roof 4. being born disabled
@oscargarcia444623 күн бұрын
I love you videos man !
@clearvaluetax938223 күн бұрын
Thank you for all the support Oscar! I hope you have a very nice day!
@anthonycurtis442223 күн бұрын
I’m ready I’m ready 🤓
@clearvaluetax938223 күн бұрын
THank you for getting here so quickly Anthony! I wish you a great day today!
@krysassassin23 күн бұрын
7 money habits keeping me poor... 1. The government 2. The government 3. The government 4. The government 5. The government 6. The government 7. The government and inflation
@RD-io6sm23 күн бұрын
Yeah. The bullshit excuse is don't do anything outside of cost of living, and when you do, it's still not worth jack shit.
@iyoub693123 күн бұрын
Yep I'm sure it's an outside force keeping you poor and not your own actions
@krysassassin23 күн бұрын
@@iyoub6931 you're right, I'm sure it's not my fault either. Thank you!!
@ADMIN704623 күн бұрын
Haha! Louis Vuitton!! Great observations and recommendations. Outstanding information!! I’m a 1099 sub-contractor for the first time, I’m researching what tax season will mean to me. Thank you - great channel. Sharing with everyone I know.
@elsaleung244723 күн бұрын
Oh my god 🤣🤣🤣 the message is loud, clear and needed to hear
@oSnapMillerTime23 күн бұрын
Im taking my dogecoin and LV bag and going to Graham Stephens channel 😅
@CraigHicks-j8j23 күн бұрын
Thanks for the advice. I was thinking to stop being poor, but you reminded me that more money equals more problems and now I have clear guides of how to stay down and out. Thanks again. Please keep making videos. Have you ever considered doing a collaboration with Stephen Graham?
@laughoutlos23 күн бұрын
Grateful for all the good advice as always. Thanks Brian!
@reiaysyineh771022 күн бұрын
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.I can't fold and watch people around me suffer.
@Zygote120523 күн бұрын
So you hate all politicians lol
@RD-io6sm23 күн бұрын
You know I'd like to save but I'd also like to do stuff outside of the gas pump and groceries. At this rate, saving is pathetically slow and feels hopeless. Essentially pushing me to financial suicide.
@larynOneka808023 күн бұрын
I used to shop at the Big H store with orange boxes and still put hundreds of thousands in the bank in savings. I could care less if anyone is impressed or wants to be my friend because I have nice things. I buy them because I can afford them and I like them.
@arandomyoutubechannel294019 күн бұрын
But you hate people who vote for Kamala Harris
@espressoo0ju23 күн бұрын
Brian! Can you make videos on Dating Advice & Life Advice PLEASE!
@SewingBoxDesigns19 күн бұрын
Very good idea, how to spot that Romeo or Juliet who sees You as their paycheck. Too many Millennials and Gen Zoomers playing that game now.
@bobbyfritz139823 күн бұрын
Buying As much XRP as i possible can has my pockets empty🎉