ACCOUNTANT EXPLAINS: 7 Ways You're PROGRAMMED to be Poor

[@nischa]

👉🏽 My Intentional Spending Tracker (free) - nischa.me/intentionalspendingtracker

[@RossRecetas]

I will give you what I consider a very useful tip to compliment your video. It is very important at least for me invest in something you LIKE something you do a hobby a brand you like things you use. Not in random stuff but in things u know and like and understand. It becomes much easier and you more likely to make the nicer investments

[@rosaliadasilva2124]

Hy Nischa, when your 5-day money bootcamp start?

[@nischa]

@@rosaliadasilva2124 in June (this month) - the exact date will be announced over email soon!

[@rosaliadasilva2124]

@@nischa can't wait 😍

[@adameckard4591]

Thank you, my parent's were good teachers. I could've been a better learner though. I got better though.

[@travispipkin2434]

Something else schools don't often teach are the wealth-robbing perils of taking on student loan debt that, for millions of people, is with them for decades. Maybe that's because this particular type of debt feeds the education industry itself. Great video as always. Thank you.

[@nikkijohnson5147]

In America this is a huge problem. My son’s high-school stated that applying for financial aid (FAFSA) was a requirement to graduate but did not educate their students about loan debt and I was livid, we delayed filling out the form, Covid happened his senior year, so his school graduated all the students early. I have student loan debt and my husband did too, so I taught my son to make wise decisions when considering debt and college. So he took a full scholarship to our local state university and lives at home. This allows him to finish undergrad school with zero debt and move on to grad school. He graduates next year. I’ve wondered what upper education is like in England and if student debt is an issue as it is here in America.

[@Andrew-lo6jk]

A fine example of debt being used against us not for us

[@ramalingamsadasivan2835]

The whole school thing is becoming pe funded mafia. Education has become outside schools

[@therichmindset11]

True

[@bigdarshan]

My friend joined the military in the US and avoided all the student debt. The military pays you while you learn and not the other way around

[@mikejaydavies]

I’m 32 and with the help of this personal finance space I seem to have uncovered on KZbin (special mention to the quality of these videos and being UK-based) I’m hoping that I’m near the very top of the personal finance ladder when I hit my 40th birthday. I only wish I’d acted this way 10 years earlier!

[@serendipityblooming1244]

Same! We are so blessed to have access to all this information. I am so grateful but just wish I'd known sooner!

[@CorporalChianelli]

Haha same 32 and I am rebounding from a net negative due to financial losses during the past 3 years.

[@Matt-bg5wg]

its never too late!

[@EFFbriskethead]

KILL IT MIKE WE ARE WITH YOU!

[@LB__1]

My father programmed me at a young age to be poor. He was always too cautious. He came across many investment opportunities and would not take any calculated risks. It wasn't until my 20s when I broke frre from that destructive thought pattern and chose my own path. Sometimes parents don't always know what's best.

[@jssytvrs]

Hey nischa very happy algo sent you my way. First video and I am extremely pleased with the info I received and the mindset you are putting out. This is something I need to focus on more, just left a job and also graduated school for audio engineering and music production. This could go both ways where I have wage work or passive income and this was a helpful reminder to be expansive and increase my value.

[@artsmart]

Great advice Nischa! It amazes me how many people are clueless about day to day financial matters. Even figuring basic simple math such as addition and percentages requires a calculator. I was never burdened with much schooling and learned through reading and watching successful people do their thing.

[@zyshmakhan4960]

This lady needs to be protected at all costs! I watched two of her videos and subscribed. I comment less on videos but I just had to for this one. She is 100% about what she does and is not afraid to give out her advice for free. I am starting to think of all the different ways that I can look at my current financial situation. I have done every common mistake about finances that she has mentioned. I have credit card debt, student loans, car payments, and rent. Every week, I think of cutting down my expenses instead of working on increasing my production. You're truly an inspiration and I hope you read this message. You've helped me understand my situation even more. Great work! I cannot thank you enough!

[@Princess_Dahia]

she’s not saying anything unknown….

[@ejf1928]

Exactly! My schools dont teach me this, the reason why people stay broke is that they programme you, saying debt is bad, pay your taxes. I wanted different opinions so i started watching your channel and Robert Kiyosaki. Thanks, Nisha

[@ketugrahagraha3673]

Thank you! KZbin algorithm finally offered something of value!

[@reemshainayet7773]

I forgot to sign up last week, thanks for the reminder in today’s video! And thank you for all the work that you do. You’re helping me loads I can’t express. More power to you.

[@nischa]

Thank you Reemsha!

[@BjorckBengt]

You come across as honest, transparent and competent. Nice to listen to too. Congratulations!

[@clausb5826]

Great video and subject. If I can just add my own two cents to it, I would say, remember that self-employed is the same as being a worker. Only when you structure a business to work when you are not there, will you be an entrepreneur, and only then will you start to see wealth.

[@Shikuesi]

So what determines who deserves unearned income and who doesn't?

[@albertgaspar627]

and i'll take this moment to shatter the myth that becoming an entrepreneur means you "fire your boss". instead you take on mulitple bosses...the government will decide to tax and regulate you, your local government will decide how to license you, and if for example you run an internet business you, every website will decide the rules in how you will do it--and raise fees when they want since they may not have any competition (say, FB ads).

[@albertgaspar627]

@@Shikuesi individuals annoyed they aren't cut in on the revenue source.

[@CrniWuk]

You can reach a certain amount of decent wealth from your own work. But if you really want to become extremely rich the only way to do that, is by letting others work for you where you reap the profits. Like trough shares from a growing company.

[@VinzentZeppelin]

@@Shikuesi The social phenomenon of ownership

[@smartmoney906]

Wow, this video really opened my eyes to the ways we're subconsciously influenced towards financial struggle. It's mind-boggling to think about how societal conditioning and ingrained beliefs can unknowingly hold us back from financial success. Understanding these 'programming' factors is the first step towards breaking free from the cycle of poverty and taking control of our financial destiny. This video has motivated me to challenge my own limiting beliefs and make positive changes to build wealth. Thank you for shedding light on this important topic!

[@lisachase1080]

Thanks!

[@B0BHW]

72 years of age and I'm finally learning something useful! Super KZbin episode Nischa.

[@Hugh-m3m]

Yeah. As long as you remember to say "Jones'" not Jonas's...

[@MrDCMo]

Sorry, too late.

[@djshell865]

Out of all the financial videos ive seen this one is the most easiest for me to understand she broke it down in such a understandable way this video may change my life

[@mustafamar1437]

Thank you for the education and being aware of the error of crowds. Your production is worth money and gratitude.

[@nischa]

Thank you

[@lisachase1080]

Thank you for taking the time to discuss the shortfalls in our education system. You have inspired me to start to do KZbin channel also. Wish me luck!

[@nischa]

You will be amazing - smash it up!

[@2_birds_on_a_wire]

Bravo Nischa! Another great video. I love the mindset and money videos.❤ Agreed that Schools should really talk more about this! The best money lessons I learnt from school were from a math teacher that would always take 10 minutes at the beginning of class to explain to us how a mortgages worked or stuff like compounded interest worked then he'd teach the other stuff that was required and that I never used again! I'm 41 now and still am greatful that man was kind enough to share his own knowledge with us. Keep up the great work Nischa! Much love

[@ianh.6825]

I remember learning how to calculate compound interest at school, but from a financial perspective, that's about it.

[@captainpoppleton]

Teachers in Australia er very left wing, nobody is going to learn about business and profits if they have any say in it.

[@jodekelly7861]

You videos are so fab - there’s always something I learn when I watch. It’s so crazy that we’re taught nothing about something so vital to the quality of life. I also love that you called it “keeping up with the Jonas’s” instead of the Jones’s - tickled me 😂

[@mattbrown8582]

I'm not entirely sure that was intentional?!

[@civiltheoryCEO]

That made me laugh too!

[@Mrbfgray]

@@mattbrown8582 Unintentional I assumed but it's cute either way.

[@nischa]

that joke went down like a lead balloon 😭 😂

[@Mrbfgray]

@@nischa Naaahh... it was entertaining.

[@Elainevlog]

I really your ideas. At the very beginning of my career, I spent all my salaries on buying the luxury items catching the trends. After a few years, I realized how asinine I am about my personal finance. Being educated is a good thing to make a decent living, but that is not the only way.

[@lekan4word]

Point 6 is awesome. This lesson is so overlooked. The get out of debt and save model is really focussing on fear. Production mindset focuses on belief and faith. Love your content. Keep winning

[@cripz1436]

I have changed my mindset on how money works and ditched all the negative beliefs on money family and friends also other people say as the normal thing "Money is evil", "If you are rich you are evil or not a good person" etc. That type of thinking makes it even harder for you to let go of the bad ideas and misconceptions you have on money hence you will not be open to opportunities and ways that are out there to make money and wealth. Trust me on this guys, trust me

[@christinezafiris4777]

Excellent post. I had the epiphany some years ago where I was saving but getting nowhere. I started reading books and got into the sharemarket. I did lose some money but overall have done very well. I wish I was taught the financial fundamentals at school.

[@jarichards99utube]

Hey Nischa, as a Professional Money Manager for the last 40 + Years I must say - THIS is an EXCELLENT Informative Video...! 😊 👍

[@jasonk446]

I feel that taking on debt to get a head, although possible, does more harm than good for most people. It's too risky, and I would avoid it. You never know what life will throw at you while you're sitting on all that debt.

[@1981lashlarue]

Good advice. Using debt to get ahead has its own unique risks. You may be able to accrue wealth faster, but it's more risky. For most people, especially millionaires, slow and steady wins the race.

[@annemackenzie7295]

I was badly stung by leverage in 2008 when the markets crashed it took me years to recover.

[@JonnyBoy021]

Excellent video and I wish I was told these things when I was IN SCHOOL! It is in their best interest to keep us ignorant and powering the workforce!

[@RobertPlishka]

Just discovered your channel, which is of top quality content, and registered for your course right away knowing that you offer a really valuable information for a 21 years old here. Thank you!

[@asafsmirnov]

Thank you for keeping it clean and clear. and mostly THANK YOU for not adding a terrible background music. It's much more pleasant to just hear your voice.

[@SeeNITb4u]

Great video. I always say school never taught us about credit scores. Feels like the system would rather you damage your credit score than prevent you from damaging it.

[@enelrahcreivaj]

This!

[@albertgaspar627]

the system really does-if you pay your bills on time, the credit card company only prospers by the fee they charge whoever you purchased from. but if you have a lousy credit score...up goes your interest rate. forget to pay on time? late fee! it's how they make their profits--some 'cards would even drop the customer who always paid in full on time.

[@arianmoore4474]

I was so scared of credit from not really understanding it past a surface level, watching creditcard debt destroy family members and friends, exiting highschool in 09' and witnessing the market crash, and generally being afraid of the debt management that comes along with building credit, that I didn't even have a credit score till my mid 20's. I didn't have enough credit history to get loans for a house or car without a cosigner until I was almost 30.

[@albertgaspar627]

@@arianmoore4474 Credit is something that should be better explained. I've met people who saved too much for a rainy day when they could have just relied on insurance or a loan for tragedies that never came to happen. then again, if more people learned that investing is "playing with other peoples' money", we'd have more macro scale financial collapses as everyone joined in .

[@ameliajones3636]

@@arianmoore4474the system makes you have a history of getting out of debt and if you just choose to pay in cash or receive a car or a house as an inheritance, but you want to get a mortgage on a different property or car, you’re screwed. The system is meant to screw us.

[@icygrunt]

This is literally the most helpful video on personal finances that I’ve ever watched on KZbin. Ever single word is the truth and no bs like the other much more popular KZbinrs.

[@superman6338]

I laughed about the "keeping up with the Jonas's" part :D (but in a good way)... I really enjoyed the information, and it's so true that school doesn't prepare you for finances, investing or building wealth... you just have to figure this out on your own.

[@soundmindtv2911]

I just found your channel, and I love your content. Keep it up! Hope more people start listening and understanding what you are trying to give them here.

[@ryancrocker8316]

I like how the three "self made" billionaires mentioned had HUGE investments in their businesses by parents. So, self made, with rich parents.

[@cat_city2009]

And had social capital in the form of networking.

[@VinayakPadarha281224]

I really enjoyed your video, I found it to be very informative and insightful. I especially liked the part where you talked about how our subconscious mind plays a role in our financial decisions. I think this is a very important point that often gets overlooked. I'm currently working on changing my own financial habits, and I found your video to be very helpful. I'm going to start by creating a budget and tracking my spending. I'm also going to start saving more money and investing. Thanks for making such a great video! I'm sure it will help a lot of people.💯

[@edi9892]

I missed the following topics at school: 1) finances and taxes (also what inflation actually is and that politicians can't make you gifts without stealing from you!) 2) career planning (chances and risks, and things to consider such as trends, but also dependencies on location, etc.) 3) risk assessment. People today are so used to the state protecting them that they often ignore actual dangers and blow out-of-proportion threats that are utterly negligible. 4) physical health, mental health and diet. Our school did things that were clearly against common knowledge and current knowledge...

[@egopak]

Nischa, you're the most charismatic accountant I've ever seen :) Thanks for the video! Although these ideas aren't new to me, I love how clear and articulate you are at conveying them 👍 Your production side of things is clearly shining, and you've got another subscriber 👋

[@apolitis1]

the biggest challenge imo is finding the niche idea/product etc. to get you into the large scale aspect of earning. I think most ppl probably spend most of their lives trying to figure out what to do, instead of how to do it.

[@kenp6402]

I would avoid thinking that you have to find something new or unique to be successful in business. That’s one way of course but you can make a lot of money in business simply by providing good service and being nice to your customers.

[@staLkerhu]

@@kenp6402 "simply by providing good service and being nice to your customers" which is NOT for everyone! There are lots of possibilities around people, but not all of these are suitable for everyone. A solution is only good if it more or less fits your personality, if you know you can pull it off.

[@blackhole4813]

You can't be nice if you don't look nice

[@lancebernal9982]

Another great video Nicha! Glad to support your side hustle

[@nischa]

thank you Lance!

[@vaderladyl]

I like the way you explain things, much easier to grasp the nuances of all the points that involve finances and its specifics. Thanks, I learned a lot today.

[@GilouTube]

Hello Nischa, Thank you so much for all the oh so precious and valuable information you're graciously providing on your channel. Cheers, Gil ✌️

[@timturko]

Hi Nischa. I really enjoy your videos. They've helped me both financially and personally.

[@kamnovak5268]

great information. finance is very important to teach to every citizen. two other things need to be taught in school: law and critical thinking

[@DeclanHiggins-YoutubeChannel]

The internet revolution is where we need to focus our attention where we can learn anything and network. The digital economy is where bright futures lie if we are willing to acknowledge this. Great video as always Nischa 😊

[@nischa]

Couldn't agree more, Declan!

[@EmilyGloeggler7984]

You both couldn’t be more wrong.

[@DeclanHiggins-YoutubeChannel]

@@EmilyGloeggler7984 Fair enough everyone has a different opinion. No worries

[@teamvigod]

Most people are incapable of investing when the markets turn down. The market turns down because at the moment things are scary in the economy or geopolitics. Most people sell at this time hence the reason markets go down (everyone is selling). You are correct buying during the downturns are the best way to increase leverage for future returns. As Mike Tyson says "Everyone has a plan until they get punched in the face". Everyone thinks yeah I'll buy when the market tanks because they imagine the conditions being good at that moment vs the turmoil that typically exists when markets tank. The amygdala (fight or flight) make it too difficult for 99% to do the right thing at the right time. Buying when markets have declined and selling when markets are exuberant. It feels best buying when everything seems great and worst to buy when things feel doomed. My trick is the worse it feels to buy the better it likely is. This has worked out for me over the last 3 decades. It isn't easy because yes the feeling of doom do exist but I realize at that moment lies the opportunity. I always remind myself you only bet on the end of the world one time.

[@jacksmith3128]

Girl you nailed it down solid . We leave high school or university as consumers . Get a job and get spending !

[@joeysherrett]

Amazing vid, full of gems!

[@cajuncrackerranch7990]

Thank you 🙏. If no one has told you today…you are awesome.

[@redrider8036]

The best 8 minutes I’ve spent on financial education maybe ever!

[@nischa]

ah, thank you so much!

[@middleagemotivation1981]

I quite enjoy the graft of working, the banter, the relationships, the great feeling on a Friday..

[@celtpro]

So glad in my school, finance and investing where covered. I took valuable lessons from my mother and not my father. Wonderful insight @Nischa.

[@christopherkwameprempeh7073]

Thank you Nischa for educating us.

[@feliciaflinders]

❤❤❤ love this video content and production. Spelling out the difference between consumption and production really resonated with me. Containing expenses is good but adding extra income adds fuel to the fire 🔥 quest. Recognition of leverage as an asset when used correctly is another great ppint. Thanks for sharing your knowledge and experience 🙏

[@Cucumberflavoredmustard]

I think the most accessible move with the most return, is to stop the vices and partying. Party friends keep you broke. Drinks, smokes, and party favors keep you broke. Curb all that stuff. Go out once in a blue moon, but leave the lifestyle alone.

[@TheDogbert123]

Awesome video. I definitely agree about focussing on production which is what I’m doing at the moment. Side note - I think it’s the Joneses rather than the Jonases. Also I think dave Ramsey is worth more like £500m-£700m now as he said the office buildings alone are worth around £200m.

[@nwabuezeozuzu6370]

Thanks for making this video Nishca. A lot of things you shared are easier said than done, however, they are worth the effort.

[@williammorgan722]

Life is short and time is precious. I switched from accountancy to property and never regretted it. Now I want to retire with passive income.

[@DigitalJuggernaut]

Just to understand you went a career in accounting to working in real estate? I work as an engineer and hoping to do the same thing. I am not passionate about job lol it is the money I am passionate about

[@williammorgan722]

@@DigitalJuggernaut Most people are programmed to get a job but it always killed my soul. For me its not just about the money. Its about my personal freedom. I decide what time i get out of bed in the morning and whilst i still work quite hard its on my terms. Today i worked in my local park on my phone. I am a loner by nature and would find any kind of office politics impossible to cope with.

[@MilesCobbett]

I taught 4th grade in South Central Los Angeles and my students favorite book we read was Rich Dad, Poor Dad.

[@LostSinceSundayBand]

Very well put I’m saving this video I’m going to have to watch it a few times over to absorb all the important information

[@HokejSlovensko]

Honestly. Thank you very much for videos. And you are absolutely right. Never taught me about money at school or at home. I have to learn everything by myself. Have a nice day. Vlad.

[@sirblackshield8000]

Incredible information thanks for sharing this is so important

[@stevebrilliant7738]

Didn't agree with the wording of the title but the content (and production) is excellent as always - thank you Nischa. 10/10.

[@nischa]

Really struggled with a title for this! Suggestions for changes are welcome.. and thank you :)

[@stevebrilliant7738]

You refer to wealth in most of the video chapters, so why not "6 great habits to grow your wealth (what they DON'T teach you in school)." I think that cuts to the heart of your analysis.

[@iwantcheesypuffs]

#3 Could also be entitled Understanding Opportunity Cost (which is why they chose to leverage debt vs paying cash for those properties)

[@gruppenfuhrer73]

one thing with school, when there is a trip to say austria / france , or even an adventure trip for 3 days say about 50 miles away from the school , it shows the pupils that only the more well of get to go places and the poor are left behind

[@youngone1985]

GREAT job! I've seen a lot of these "how money works" videos. Dave Ramsey also tells folks not to file bankruptcy, but he declared. just subscribed.

[@M43721]

I found this video very helpful. You did a great job of highlighting key programmed behaviors and attitudes. I can relate to so much of what you highlighted here, and I can see the value of making changes in these areas.

[@alexandrabrookhouse9654]

Really love your message! Definitely resonates and is so easy to grasp! Thank you thank you!

[@bstrong5016]

Great video! I always hear how schools don't teach financial literacy, however high schools do have business classes that anyone can take. There is information out there for young people in schools.

[@kevinmckeon2543]

Yup. And the basic 'household budget' is very commonly one of the first chapters. The whole "...We wErE neVEr TauGHt at Sk00l!!" narrative ain't accurate. People were just too dumb to pay attention and now want to blame others for why they blew their first 5 years of pay on trips to ibiza.

[@mjcal96]

Well said nischa. Looking forward to your bootcamp

[@tshiamomahape292]

Am learning on taxes i messed up tax an missed on an opportunity to make proper returns. Thank you for sharing

[@wildtruffle418]

Would love to have advice applying to Europe when it comes to investing in index funds. Most applies to the US I feel..

[@husseinalbaiaty]

In the words of Dj Khalid! ANOTHER ONE! 👏🏽🙏🏾✊🏾🌹

[@fiyahriddims]

I enjoyed every word she spoke, today I needed to hear them.

[@Faith_Chi]

Thank you Nischa, I've subscribed and liked :) I've been hearing that a lot lately... making your money WORK for you. I always thought that when I have to move I'll have to buy an affordable house outright - because I fear becoming homeless. Instead, I'm considering perhaps paying a percentage instead and getting a mortgage - since the majority of my money will be gone in the house.

[@tomriley5790]

Thanks for this, it's alot of stuff I only really reaslised in the last few years, wish I'd realsied it 20 years ago but then it was much harder to come by then!

[@DianaSawatzky]

Great content and education, you articulate wisdom in personal finance well. Thank you.

[@JimmyJaxJellyStax]

The title is absolutely spot on - a tax funded school system is most interested in creating farms of tax sheeple that mostly feed into the tax code rather than directly writing it. The wealthiest largest corporation owners are entrusted with the greatest influence of tax code simply because they provide the most tax payers (employees).

[@Adam-de8yi]

I can comfortably say that if I didn’t do my extra-curricular research with regards to finance, and how I should build my wealth from a young age (I’m 19), then I would be in the mud. There are so many important things a young person must learn before stepping into the real world. Taxes, credit cards, inflation… whatever it is; only a little percentage of the young population even know how taxes work in this country. 3% of them have started to build their credit scores. And they don’t even understand that their money is being devalued by inflation, so they spend it on depreciating assets like cars, or are all in with their bank accounts (just where the gov-t want your money to be).

[@nikkijohnson5147]

My son is 21 and I’ve had to teach him these things. Finally, last year, as a senior he took a college finance course and now fully understands the math equations behind the finance industry. But how many people make it to a senior year of college and happen to have math as a second major? Not many. He had a financial literacy class in high-school but it didn’t teach anything of any real use. It’s exactly what Nischa is suggesting happens. It was more pick a job and salary and budget with that. Nothing about creating any real wealth through investing or solid financial well being. We pulled his credit rating recently and it is very good bc we started him early learning financial literacy, building a credit history, and have helped him along the way. Good-luck to you in your financial future!

[@toddspangler6669]

KZbin University! I tell people that I teach myself for free from KZbin and they laugh, yet I learned about Real Estate this way and I'm now setup to quit the rat race this year at 47. KZbin and Google are some of our most valuable educational resources.

[@bobr9731]

Thank you for this very informative video. Your a beacon of light into this "Black Art"

[@AngelaNottingham]

I am sharing this with my teenage sons. Thank you ❤

[@jakeowens1770]

Straight to the point, well done lady

[@jstratfan]

Right off the bat, Musk and Bezos are not "self-made", they had major financial backing from well-off families and friends and it is much easier to make money when you already have money. Gates would be the closest to "self-made" but even he didn't do it himself. Otherwise this was good information that touches on how a system supposedly designed to help is actually, intentionally hurting.

[@KiyosakiSays]

“There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.” - Robert Kiyosaki

[@weltvonalex]

Write a made up book, combine some random stories, sprinke some "can you see the issue" over it and sell it to your victims. - Robert Kiyosaki

[@timothykarlsson3126]

You seem like a valuable person to have in my subscription, thank you.

[@ArifGhostwriter]

[UK, May 2023] What a fantastic set of advice! 👍🏽👍🏽 We do indeed need to open people's eyes to the fact of the wage-slave economic model - & how to escape it.

[@Iad83]

There's a lot school doesn't teach us. Here in the US, we have to be there from the age of 6 to 18, and we don't learn anything about money. We don't learn anything about taxes, either, and if anything we're encouraged to take on massive amounts of student debt. And despite all those years of going to school, we haven't been taught to do anything so the only work we can really get is either moving things from point A to point B or maybe working a cash register.

[@benhuremmanuel]

i could listen to this woman all day long

[@rjmaas]

I am teaching my daughter how to become money wise. Started doing that at a very young age. Now I have to wait a decade (or two) to see if this will have a positive effect.

[@MalluStyleMultiMedia]

Another excellent Sunday morning video.. you really know when we’re waking up over here 😂😂👍👍

[@william7699]

very illuminating, and motivating !! thank you

[@ElieBeth___]

I remember the moment I realised that knowing how to make more money was directly proportional to my ability to save and how much I could save. You can only save so much based on how much is coming in. That’s when I learned I had to learn how to earn more. It’s shocking how this isn’t obvious to many, myself included. But if you weren’t raised in an environment that taught financial literacy, or had a school that exposed to you it, following what others around you are doing is simply the most obvious thing instead (often consuming and only saving).

[@poeticnation6251]

This is an amazing financial video - Thank you for sharing (I just joined your channel fam).

[@vvalasek]

very helpful!! start large and dig into the details

[@miyuru07]

I’ve been saying this for sometime. If the system wants us to be wise in money they teach us abt that in school but it’s not. Economy runs by foolish decisions by the mass and it is by well thought design

[@yaskayy]

wow in the beginning i had the thought of how i’m so surprised when i hear that highschools don’t teach about finance, the economy or business. at my regular highschool, i was able to take finance, economics and business communication class during my junior and senior years which led me to become a finance major. i can’t remember if i went out my way to choose those classes, but i believe these should be required for everyone in the school system BEFORE college.

[@crocopie]

4:26 You can report the interest payments to the government and get tax deductions to buy a car, for example.

[@Kingkayaamedia]

Nischa great content informative and straight to the point

[@MindfulJai]

So true. Money for time is so outdated. Understanding this and using debt to your advantage is an essential life tool. Your ability to pepper psychological tips into hard facts is really good. Have you upgraded your sound too? Sounds crystal clear

[@nischa]

Thank you Jai!

[@karthikvijay5678]

This is pretty helpful, super glad I subscribed to you and I’m looking forward to creating value

[@ianj4389]

After getting an associates, bachelor's and Masters in business administration, not a single class taught me how to actually start a business.