7 Signs You Will NEVER Be Rich - Avoid These 7 Mistakes

[@mrmilk6524]

1. Focus too much on savings 2. Overspend 3. Accept paycheck lifestyle 4. You don't invest your money 5. You don't challenge yourself 6. You don't have financial goal 7. You don't pay yourself first

[@JJ-kl8dr]

Thanks

[@Cassiearan]

What's keeping us from being rich is the lack of belief we all have in our mind. One must believe that he/she can do so and take actions to achieve your goal. Hi guys! It's me again. You might have seen me before but my desire to inspire more people is what keeps me pushing to reach out more. We own a cookie shop business in our college town. When we first started it, we just graduated college and were living in our car with very little direction, just a huge passion to be successful. I started it out of a local bagel shop in their off hours at night with my boyfriend, Bran. It was a crazy experience but it worked! We became a success! And how we have our first storefront location in New Jersey and the second one in Florida! We started it to fund a year long backpacking trip around the world and to be successful while living the life of our dreams.

[@STICKYArt]

Nice Congrats on the scuccess! I can relate, I got a B.S in environmental science but decided to after working a few jobs to follow my dreams and passions with art and creating on here! It took a lot of work but I am finally starting to take off!

[@Elle_M717]

That’s really cool! Thanks for sharing! Where are your stores. I live in New Jersey and my sister lives in Florida.

[@osse1n]

Focus on delivering value instead of seeing reward. When people appreciate your craft, you will be uplifted.

[@bluecedar7914]

and know your value- set the right price for your craft.

[@cancel.lgbtq.6892]

While being rich is great. Being happy is more important. Money only gives you leverage in life. A dying man doesnt ask for more money. He asks for more time.

[@thetruthshallsetyoufree2040]

So u think happiness is morr important than money?

[@cancel.lgbtq.6892]

@@thetruthshallsetyoufree2040 if you think money is the more important than happiness or health. Then you might want to rethink your priority.

[@thetruthshallsetyoufree2040]

@@cancel.lgbtq.6892 I actually work and make 8000 $ per year cause i don't believe that I'm very happy But i face so much pressure from my family Just wanted to see what u thibk Cheers

[@ahumm8280]

@@thetruthshallsetyoufree2040 This is a good time to challange yourself to seek new and better opportunities!

[@thetruthshallsetyoufree2040]

@@ahumm8280 yeah maybe it is But i love my job so muuuuch

[@PowerMatrixAnime]

To make an omlette you have to willing to break few eggs.Spend money to earn money.

[@leecherry6171]

The problem with that analogy is that you forgot to raise and feed the chickens first.

[@TheBlueQuasar]

Yup, that’s an expression that I use often too.

[@CASH-TO-THE-MERE101]

Yes!!!

[@kstars101]

Not true in the internet age. You can start a KZbin channel for free and start monetizing. Print on demand businesses are also 100% free. Many many free options.

[@Beanmachine91]

i agree, assets arent free

[@CoffeeAd]

I am sure people would rather like to click on "7 Signs You Will Be RICH"

[@derekmpfinance3793]

People who will be rich don't need to click on that because they already know it. People who will never be rich which are the majority needs to know if they are making any of these mistakes so they know what they have to change. People who will be rich want to know these mistakes too because they might be making some of them also.

[@shaereub4450]

For the past 5 years I've been really focused on saving, and just got into investing this year. $6K/year in a 90% stock Roth IRA, $50/week in a 90% taxable account. I make $20,600/year and live on $9133.66/year. After expenses and Roth IRA contribution, that leaves about $105/week.

[@marylouirick7316]

Save on not buying drugs,smoking,drinking, coffee. Save 2 buy a house @ a young age.u will move on up slowly. Trust me😄

[@kevinjohnstone2911]

I won't trust you. I doubt you even have a house

[@garyhost1830]

Slow and steady wins the race. Totally agree on the coffee thing

[@derekmpfinance3793]

Don't save, you should invest. Also buying a house can and is usually one of the biggest mistakes people do to keep them poor. Don't buy a big house, buy one that is under your means so you have a place to live and still have enough money to invest and eventually you can move out and get rental income from it if you ever want to upgrade. People make the mistake of buying a nice house they like when starting out and it just costs so much in mortgage payments they never make it any farther and live paycheck to paycheck because of lifestyle creep or lifestyle inflation

[@adamdelduca2064]

I will definitely avoid these mistakes. Thanks!

[@similoluwaoyebola7317]

Spot on. Well I have a 9-5 job I started 2 years ago so I live on pay cheque. However, I know I pay myself first by taking out 50% every month for investment. while I work assiduously to draw out a business plan for my side hustle.

[@philipp3001]

Sometimes I don't know what I can be doing wrong. I work soo many hours and I make an okay salary compared to most and I still feel like I'm not moving anywhere. I save and I invest but it's not much. I just feel like the cost of living is only getting higher.

[@makojuicedaniel9307]

It is getting higher and we gotta be smarter on saving. People pay through the nose for convenience

[@centralfreedecentlife2522]

Thank you so much for sharing and imparting valuable knowledge to the general benefit, these apply in my daily life.

[@site_is_down]

Thankful that financial advice and literacy are very accessible to all of us like we do not have to pay ourselves a seminar anymore to learn all of these things. Investing has become easier for us, only if, we know how to make use of this information.

[@marktalksmoney1956]

Nobody is born with business knowledge we must aquire it. But most people have a desire for freedom we must unleash it.

[@WealthbuilderzTV]

Good video. Nice and simple.

[@RickOoi1971]

Having a hobby or hobbies will keep you poor, like me

[@colemanadamson5943]

Is that how you turned gay?

[@highandmightyqueen79]

you are right, i spend way too much time oh youtube watching American BS instead of watching important content.

[@kstars101]

Not if your hobbies can be monetized.

[@SynterraSteen]

lol

[@surfdreamer918]

Not if they make you money

[@AndrewBlast5150]

I do everything it says not to do. And yes, I’m a broke ass.

[@Ola-oh8ei]

Zoey Pods what are your goals and what steps have you taken towards that and have you learnt a boy patience

[@kstars101]

It's a choice.

[@Elle_M717]

Now that you’ve seen this video you can turn your life around. Wishing you the best.

[@IrajMatthee]

07:47 I need to get points number 1 (saving too much) & 3 (accepting pay-check lifestyle) off my list and jump straight in.

[@IrajMatthee]

@Grady Whitman on the other hand, you can never have too much saved which is advised when building a emergency fund.

[@jiangpkpful]

You don't HAVE TO have a business to get wealthy. As long as you make good money and be mindful of saving and investing, and live well below your means, you'll be just fine.

[@288theabe]

What a lot of these videos doesn't mention is that it's okay to take a break every once in a while. You can't be reaching for wealth 24/7; you'll burn yourself out. It's okay to take a weekend, a week, a month, or even a year off if you have to if you feel that way. What good is wealth if you're dead?

[@STICKYArt]

So you are telling me if I spend too much money and don't make a lot I wont be rich... Okay good to know thanks for the breaking news info! :) But seriously thanks for the tips how to avoid some pitfalls! I am using a lot of these tips currently and starting my own business as an artist/ content creator on here! It is not easy but hopefully It will start to pay off soon! lovedn'sub'd! Cheers!

[@Tom-tk3du]

Live below your means. Study hard. Work hard. After you learn the ropes on somebody elses payroll, start your own business. Don't be afraid to get your hands dirty.

[@johnnypham2850]

Truth, excluding one element

[@dianarivers5408]

I know too many who have started a businesses, and again and again, failed and frazzled and end up in their 60's with nothing. It's not that simple. Teach that! How to start a SUCCESSFUL business!

[@richyoung4051]

yea honestly all these types of videos make it sound ao damn easy but i know damn well its not. i make 60k a year on a good year at costco with benifits and good 401k and everything. its enough for me to have a car, a decent place and put food in my mouth and to support my hobbies. to me, thats enough. and im 26. i get the whole work hard now to work less later, but like you just said, i could end up risking it all and end up like the people you know

[@Mark-jq1el]

Im rich and wealthy.

[@tantani6078]

1) I don’t focus to much on saving 2) hard to answer that for the time being, in couple of months I will know 3)I accept it, for now.... 4) I do, I learn the market, earn and lose, and keep on learning 5) I challenge myself and learn 6) I need to create one 7) I am paying myself first I will fix what needs to be fixed

[@furiousninja133]

When I was young I saw 50 cent saving penny's to get a car. I saved money and now I'm good. Saving money may not make you rich but it makes you secure. Security was of paramount importance for my younger self instead of being rich.

[@Elle_M717]

The Richest Man in Babylon book says “pay yourself first” and recommends at least 10%.

[@crosses101]

Number 6 and 7 are where I fall short🤦🏾‍♂️. Will be working on that!!!

[@cliffebong8764]

Thanks for the upload, never learned this in school,

[@ayedrey]

Have to disagree with the 1st one. You can never focus too much on saving. It's a general rule that you eventually need to focus on making more money. I dont know anyone who saves without the expectation of making more money in the future

[@christoskyriakou1257]

I am 14. Live in Greece. I started watching some KZbin videos and right now, own crypto, fractions of US stocks and I have investing in p2p through Mintos.

[@pmb6667]

@Corporal Spiro You should keep that money in that stock so it can grow, to buy more shares, or you can buy other stock in other companies to increase your portfolio. Buy DIVIDEND PAYING/growth stocks -- companies that pay dividends every quarter (4x/year). Whether the stock price goes up or down, you still get dividends. Don't spend that extra money, invest it.

[@mayanlogos92]

Don't focus too much on saving, but save, treat yourself first, invest, forget about the paycheck being the only way, step out of your comfort zone... what I forgot? Oh don't overspend, spend money on things you actually need, not on trivial things, like from the pleasure of buying stuff which hopefully I'll never understand, neither if I'll be financial independent ALSO: don't try much to look rich, especially if your profit is still quite modest

[@TheBlueQuasar]

Great job on the content. People seek comfort before being able to afford comfort.

[@landon.packrat3281]

You can become wealthy from a 9-5 and frugality pretty easily actually, so long as it is a middle class paycheck. You just have to be willing to break the accepted norm. Society expects you to waste your money buying things you don't want to impress people you don't like. Instead, take a few years to live like a minimalist. Save 50% to 75% of your paycheck. DESTROY your debts, and you can have the same lifestyle for less money spent. Invest your first $100,000, which is always the biggest hurdle. After that, you can coast.

[@JackKing12.]

You will never be rich if you're an employee working for people who own the business. You the employee making the owners rich...

[@site_is_down]

For some, they don't have a startup money for everything, so they might as well start working first, and invest a portion of their salary until they don't have to stay dealing with office politics anymore.

[@leokbabu140]

Thanks. Which White board software you are using brother.

[@fufupanda8992]

Hi! Whitch program is used here to make these presentation?

[@psjoshi999]

Thank you for veo👍

[@Blakefe]

What if you use your paychecks to both save and invest in new industries?

[@readyplayerone5220]

Long story short, you need to be a businessman to become rich (or win the lottery).

[@kstars101]

Yes but that's also very easy for anyone in the internet age.

[@dcgreatman]

Not necessarily. Just have multiple sources of income, save and pay yourself, and invest

[@tjbang7712]

But are you rich ??

[@williamjohnson9139]

He will be, keep subscribing lol

[@helomech1973]

Define wealthy. How much above average do you need to be, to be considered rich. So according to this the CEO's of these major companies are not rich. I would love to know what the person that made this video makes.

[@kristian_personal]

I have like no points from them... I have income from trading, crypto, investing, a game dev course launching soon, a fashion brand launching soon, and already some other plans for a game company... for that I need money so I doo the other thinks first(seed investment offers are too low and too much equity... so need self funiding until round A)... and even after that I have some rought plans... I dont have a job and its like either it will suceed or it will suceed later than thought ^^

[@jerryeskridge4798]

True Wisdom thank you!!!

[@donciseau]

Love the video keep up great work

[@jaiprakashagrawal3580]

Great.🥰❤💯

[@Arunkumar-xj1yt]

Well explained 🌄

[@kidzzone7356]

Dont have a credit card ( grandma taught me not to use them) i save 30% of everything i get and put it into a saving account next month im buying a car wash goodbye 13 yrs at McDonalds!

[@rthelionheart]

Sign #8, people wasting time watching videos telling them what they already know.

[@rozeara]

Looks like you have read that book.. rich dad poor dad

[@chuanyong5442]

This is true. I can vouch.

[@walterlangston4253]

I need to work on number to some but got the rest down not rich yet but at 34 got my house paid off and some land and have got to travel some

[@justrandom8766]

But are they happy? I'd rather time. You can't buy that😃

[@garycllau]

Have another like! I guess your subscribers are already to busy to give a like. Only 2.2k likes with that many subs. I love your stuff, man.

[@aleksdeveloper698]

Even if you make all these right, you still wont become rich. It is also a lot a matter of LUCK and AWARENESS.

[@brucewayne3069]

This time next year I WILL be swimming in my money. JUST WATCH ME!

[@leecherry6171]

Hashirama Senju no thanks, I’d rather use paper to start a fire 🔥.

[@YoViewer]

Which microphone and Audio recording software do you use? Please reply. Thanks!

[@fredbakker4878]

There's a middel class. Not just rich and poor.

[@misspriss2482]

If you are debt-free, have a job you enjoy, have money in the bank, don't struggle to pay your bills, and can enjoy treating yourself from time to time, I call that a success. I've noticed that just about every video paints being rich as the ideal. However, I've seen how the rich live and most of them work insane hours, are never home, and only get to relax 4 weeks out of the year when they take vacation. Jeff Bezos may be rich, but he and his wife of 25 years got a divorce last year. I'm guessing it's because he was never home and they grew apart. I'll take a comfortable lifestyle where I don't have financial worries and still have time to enjoy my life while I'm young, thanks.

[@fredbakker4878]

@@misspriss2482 yeah I totally agree. The right balance is important. You only you one life. Me myself have plenty of money to life of. Also plenty of free time.

[@steveharrigan7811]

I worked my ass off for 54 yrs and was never happy. Gave the government 1/3 of my money in taxes. So I stopped working, now living on cpp and assistance. I watch cartoons in the morning now, work on my art, and the government pays for my weed. Now, I am happier than I have ever been. Not missing that cold bus stop one little bit. Rich does not equal happy. I dont need a Ferrari. My bicycle works just fine, and the maintenance is waaaay cheaper.

[@annlanojan1114]

How to create video like this?? Anyone can help me?

[@johnadan3509]

That’s ok 👍 I don’t need to be rich

[@ryanhornibrook4051]

you know what they say ? talent can hit a target a genius can hit a target no one can see

[@mayanlogos92]

Hopefully one day the part with the school never shows you option B will become history 😅 it's just interesting how the reaction of our offsprings will be finding out there was such a time ... mb like to us finding out there was a time w no TV WiFi etc

[@tyngshainnongsiej1516]

I see the sign how many year I lose my time for waiting the money to come to me not coming that is why I don't want to open the door

[@bradleypost8971]

My goal is to make at least $5,000 by November. I have a guy from this personal finance group I started who buys real estate on the side and pays people who find deals locally. I found a vacant house and I'm meeting up with him soon. I already have $1,000 in savings and I'm 18.

[@aljonmoya3439]

IM GOING TO BE RICH!

[@momzone101]

How to make video like this?

[@tntkff9901]

step outside of your comfort zone... ...and into a cardboard box

[@JosephDR]

I think that's what people are afraid of, including myself. We stick to the 9-5 for security. But I'm now ready to make the leap. If all goes well, I'll be self-employed by the summer of 2021.

[@AmirMirouCasanova]

I save 80% of my salary but not all the time but at least 60%

[@russwes7778]

nice! i save 70%

[@kstars101]

Nice job!

[@williamjohnson9139]

That’s a LOT bro, are you saving for a rainy day or to invest or both ?

[@leecherry6171]

Riches that don’t last is like a sandy beach experience, yea it’s cool, exciting, invigorating for a bit, but when the chaff of it all begins to rub you raw, you always seek a way to wash that mess off. Welcome to man’s idea of riches. I was rich in life the moment I was born. You can keep all your lies, we’re rich enough we don’t have to listen to them.

[@lashonhunter8996]

Yep&to much sharing

[@GoldenCombat23]

8 SIGN: Doesn’t know what being rich is

[@jonathantagay1625]

You explained it a little bit fast.

[@danvidigal88]

Top 1 sign you'll probably never be rich: You're poor.

[@drakkonslayersilverclaw0277]

I WANT TO BE RICH... ENOUGH TO BUY A CLASS A GAS RV AND NOT HAVE TO WORRY ABOUT PAYING RENT!!!

[@raulhumbertomoravillamizar3827]

How rich are you? Yes the one who post this video? Just keep going with the learning process

[@MrYort13]

Rich to You or Rich to me?

[@EmpressofChrist]

💞

[@nonecpalamara9781]

I think this channel is a millionaire :)☺😁👍

[@DemiTrusdale3]

I thought that investing was restricted to adults...

[@kstars101]

Nope. If you have an account or access to one even with a small amount of money in it you can start using apps like Acorns.

[@valfreynelrubio7526]

How to invest your money, if people cheats you

[@zunaiandre2341]

We can't all be Rich.

[@harambe4656]

well most people will never try this

[@evelynmata6204]

😍😍😍😍

[@growyourown123]

I know one thing you can do to make money with a 10$ seed and a few minutes months..

[@mindit1729]

Make your sentence slow... please

[@rajatrane5264]

All these videos are only in how to be rich....is it all needed in life ..being rich ?

[@cashmaster7713]

Sooo.... saving nonstop is for poor people? What kind of nonsense is that? My investments do well BECAUSE I save all the time. Yes I do focus alot on it. Beats living on the street.

[@adept3666]

I'm assuming the person making this video is rich

[@OPENDISCUSSIONS]

I wish this video was in Spanish

[@ManuelPinner]

You have to invest it in a Mutual Fund,

[@mp12345]

Buueennooo

[@sunnyG5]

Who cares I'll always be poor.😩

[@calvinedwards5771]

Full of well-worn cliches

[@timdawg7720]

I don’t give a fook smoke weed

[@justinblount5033]

LUCK is an extremely big component....

[@kstars101]

Luck has NOTHING to do with it. You are capable of so much! Please read a book like The Compound Effect and you'll understand. Best wishes to you!

[@Trd2020]

Don’t follow Dave Ramsey