I Spent $312,900 Living Like The 1% (Here's What I Learned)

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Alex Hormozi

Alex Hormozi

Күн бұрын

Пікірлер: 772
@YakMotley
@YakMotley 3 жыл бұрын
Bro that last part blew my mind! "Wealth is a ratio between expenses and income, it is not a number!"
@wojciechorama
@wojciechorama 2 жыл бұрын
if it's ratio, it must be a number...
@wojciechorama
@wojciechorama 2 жыл бұрын
In my case its 0,25
@1589cam
@1589cam 2 жыл бұрын
dude, I thought that the EXACT same thing. It was like a fire works show with super, ultra grand finale. 🤣🤣Life changing.....
@randiaz95
@randiaz95 2 жыл бұрын
Ratios are numbers.
@SolidWebTools
@SolidWebTools 2 жыл бұрын
Ok people, let's clarify this whole misunderstanding of a ratio being or not being a number. Now, obviously Alex knows that a ratio equates to a number. But I don't think that's what he is referring to in a literal sense. What he means is that wealth is not the same specific number for everybody, it's based on a ratio between expenses and income that is different for everybody. For example, let's say person A makes $50k/year but has $10k/year in expenses, and person B makes $100k/year but has $80k/year in expenses, this would mean that person A is "wealthier" than person B. Why? Because person A nets $40k/year and person B net's $20k/year, they have twice as much money left over even though they make half as much income. So a specific amount of income does not equate to being "wealthy" for everybody, it's a different ratio between expenses and income for all of us. Which is why Alex says that wealth is a ration, not a number, not a specific number. I hope this helps clear things up. By the way, I am not speaking for Alex in any way on this, this is just me trying to help clear things up.
@infini.tesimo
@infini.tesimo 3 жыл бұрын
While I'm listening, your biceps are doing most of the talking here.
@Itsmypureworld
@Itsmypureworld 3 жыл бұрын
Never be impressed by muscles
@Mark-lb1xn
@Mark-lb1xn 3 жыл бұрын
@@Itsmypureworld 😂
@PARTYManagementARG
@PARTYManagementARG 3 жыл бұрын
@@Itsmypureworld JAJAJAJAJAJAJAJAJJAJAJA
@evns7142
@evns7142 3 жыл бұрын
@@Itsmypureworldyour brain is a muscle
@dmonk952
@dmonk952 3 жыл бұрын
@@evns7142 your brain isn't actually a muscle. It's an organ
@TheGolfClan
@TheGolfClan 2 жыл бұрын
This part from your description is gold: "We made our money DOING it, not selling HOW TO DO IT. " We need more of this!
@kevinpheley574
@kevinpheley574 3 жыл бұрын
Dude you really make me question my lifestyle and goals. Thanks for the golden nuggets Alex.
@disposabull
@disposabull 3 жыл бұрын
The problem with chasing an expensive lifestyle is that once you normalise expensive luxuries they don't make you happy but anytime you then experience a lower level of luxury it makes you really unhappy. You are just building a golden cage for yourself. It is better to live modestly and occasionally treat yourself to luxury so that you can enjoy it the way a normal person would.
@valenciaflo3934
@valenciaflo3934 3 жыл бұрын
@@disposabull life is a bitch
@BIGGELATO
@BIGGELATO 3 жыл бұрын
@@disposabull Got a question for you (seriously). If I lower my wants to a minimum, and realize my means for a healthy, comfortable lifestyle is give or take 100k a year, what is the motivation, the reason, to fetch for 8-9-10 figures? What exactly am I missing? Because, at that point of having $100M goals, is the reason and motivation about serving others? Other people? (B2C) or Other businesses? (B2B) is that it? That I have to 'want' to help others? or is there another purpose or reason?
@Samy-fk5tg
@Samy-fk5tg 3 жыл бұрын
@@BIGGELATO Just replying to see answers. Great Q
@Samy-fk5tg
@Samy-fk5tg 3 жыл бұрын
@@BIGGELATO Pretty insightful indeed, thank you good sir
@wealth53
@wealth53 3 жыл бұрын
Here from Austin, TX, I hear you!! I was earning $800,000 per year (not really huge money when comparing) expending most of it, paying huge money for our lifestyle, then everything came crashing! lost everything but we learned our lesson, now we are starting from zero but with a different mindset and bigger goals. thank you for this video
@g.aslifestyle
@g.aslifestyle 2 жыл бұрын
Same here I’m in Austin Txlol :)
@wealth53
@wealth53 2 жыл бұрын
@@g.aslifestyle great place to live!!!
@GrantStinnett
@GrantStinnett 2 жыл бұрын
Best of luck on your way back to the top man.
@wealth53
@wealth53 2 жыл бұрын
@@GrantStinnett Thank you Grant! I really appreciate your comment.
@ohiunku
@ohiunku 2 жыл бұрын
Goodluck with all your future goals.
@Chan-rc2hw
@Chan-rc2hw 3 жыл бұрын
"Fajitas and chips. Hard to beat" So wholesome. I love it. I think you've won me over here.
@ElderFoxDocumentaries
@ElderFoxDocumentaries 3 жыл бұрын
Love that happiness equation. Spoken like a true Buddha.
@j0sh107
@j0sh107 3 жыл бұрын
Your channel has quickly turned into my new favorite finance channel. Good stuff!
@tyralroach5869
@tyralroach5869 3 жыл бұрын
Love the channel!!! Its refreshing to hear from someone that tells you how it is. What I got from this is -If you don't travel alot or its not your passion to travel, don't buy a plane -If your don't feel the differance in a high end vehicle (not a car person) don't waste your money on a Car stuff. -If you don't have passion for food, then going to a high end resturant may not be your thing -if you don't care for clothes, then shorts & t-shirt are all good. -If you're happy living in a middle of the row home then a massive mansion isn't going to make you happy. I guess what I really got from this is spend your extra cash on things/experiances that make you grow/happy/make you feel accoplished. I guess, my question to you Alex would be- what do you do to relax/hobbies do you do outside of work/gym??
@AlexHormozi
@AlexHormozi 3 жыл бұрын
My work feels like play. So I play as much as I can.
@mikepaisley
@mikepaisley 3 жыл бұрын
The last 45 seconds were gold!
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Appreciate it man
@cole9732
@cole9732 3 жыл бұрын
My dad always used to say, “Who is richer? The man who has the most or the man who needs the least?” Thank you for your excellent videos! Great insights
@disengagedsage737
@disengagedsage737 3 жыл бұрын
I'll save you $312k and a lot of stress. At the end of the day, you're still who you are. If you're a miserable person, you're still miserable. You don't need stuff to make your life fulfilling or happy.
@Unreal989
@Unreal989 3 жыл бұрын
Happiness is generally derived from having purpose, an interest, mastery of a skill, curiosity, a sense of achievement, spending time with friends/family/colleagues and is usually a shared experience. Happiness also tends to inspire giving (like volunteering at charities) as opposed to short term gratification like eating, spending money/shopping, drinking, and binging which is fleeting, addictive and never enough.
@richwealth262
@richwealth262 3 жыл бұрын
True ....money doesnt change you it just magnifies your life
@richwealth262
@richwealth262 3 жыл бұрын
Money just exposes you ....it doesnt change you
@eduardoreyes9106
@eduardoreyes9106 3 жыл бұрын
@@Unreal989 great comment!!!
@cadebekanich6073
@cadebekanich6073 3 жыл бұрын
Amen!
@jayking3159
@jayking3159 3 жыл бұрын
Love this channel and the fact you actually respond to ppl is super cool. Youve replied to a couple of my comments in the past so just wanted to say thanks for being an example to the community. Loved the part were you said that applesbees and cheesecake factory are better than $500 dollar steak place. Seems like the more I learn about finances the less money means to me
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Thanks man. Appreciate it.
@BIGGELATO
@BIGGELATO 3 жыл бұрын
@@AlexHormozi Got a question for you (seriously). If I lower my wants to a minimum, and realize my means for a healthy, comfortable lifestyle is, give or take, 100k a year, what is the motivation, the reason, to fetch for 8-9-10 figures? What exactly am I missing? Because, at that point of having $100M goals, is the reason and motivation about serving others? Other people? (B2C) or Other businesses? (B2B) is that it? That I have to 'want' to help others? or is there another purpose or reason? I have days that I tell myself that I have nothing to live for an could start even have suicidal thoughts because I have no purpose or reason for anything.
@remiricros9119
@remiricros9119 2 жыл бұрын
@@BIGGELATO You need to find something that brings you happiness, and then make money with it, that's the formula for life, i think
@alexkram
@alexkram 2 жыл бұрын
What you are saying is so true. I'm a 2 millionaire and spend $25k/yr to live. I spend my time traveling, going on outdoor adventures, riding dirt bikes, and working on garage projects. I live in a cheap, paid-for house. I have found that spending more on these things does not make it better. I love 4 wheeling and fixing up my '98 Jeep Grand Cherokee. Staying in a hostel where I can meet other travelers is more fun than a 5 star hotel. I can do anything I want, and I do. Having more money would be very little benefit to me. I suspect that is the same situation for you but you seem to get a lot of satisfaction from creating value and making money.
@Koliflower
@Koliflower 3 жыл бұрын
It's so frusturating when Alex drops such good advice like this, cuz it makes so much sense to just drop my desire for expensive clothes instead of trying to build a million dollar business, but its a hard battle to change those beliefs. At least I have the larger goal of being my own boss. At 19, I have decided to never live the 9-5 if possible. That's my true motivator for trying entrepenuership.
@phx-b
@phx-b 3 жыл бұрын
I’m 19 too bro. It’s a big dream but if you fail you got hella character, so in my opinion it’s a win win.
@Koliflower
@Koliflower 3 жыл бұрын
@@phx-b Yea, I'd rather be able to tell my friends and family I went all out to try and live my best life than have to explain how I settled for less than what I truly wanted and felt I deserved. I think we're in the right place listening to Alex's advice for now bro. Best of luck.
@successprotocols
@successprotocols 2 жыл бұрын
@@Koliflower hey bro I’m doing entrepreneurship too, what kind of entrepreneurship are you doing?
@Koliflower
@Koliflower 2 жыл бұрын
@@successprotocols I'm looking to start an e-commerce business! Looking for something I can manage on my own from anywhere in the world.
@successprotocols
@successprotocols 2 жыл бұрын
@@Koliflower Oh wow I’m doing something similar, I may be able to help you out!
@elyk46
@elyk46 3 жыл бұрын
Alex, I just want to say that you are an amazing teacher. Thank You so much for sharing your gifts and fruits.
@MattTheMortgageGuy
@MattTheMortgageGuy 3 жыл бұрын
HORMOZI : Swole bank account and swole arms. Best of both worlds
@ziggyc4474
@ziggyc4474 3 жыл бұрын
And swole Mexican revolutionary mustache, like Zapata's
@CW86228
@CW86228 3 жыл бұрын
Imma take a guess and say swole downstairs 😂😂😂
@RjAhmed
@RjAhmed 3 жыл бұрын
I'm Diving in Hormozi Sea of Valuable Content Loving Every Piece of It
@RealEstateIsLife
@RealEstateIsLife 3 жыл бұрын
The more I listen to things like this, the more it seems that a more minimalist life is the way to go. Fancy houses, cars, and belonging tend just to way you down with maintenance and stress.
@realbrianh
@realbrianh 3 жыл бұрын
Only get them once it’s a very small percentage of income
@shynepo5867
@shynepo5867 3 жыл бұрын
I shop at Walmart
@michaelb9940
@michaelb9940 3 жыл бұрын
I mean, every time I visit the really affluent neighborhoods [for me being Palo Alto, Los Altos Hills, Woodside etc] I realize why the prices of the homes there are so high. To me its worth it! But everything else - is not! i.e. Cars is one of the most ridiculous thing you can buy - its purpose from taking you from Point A to B ends there - the rest is just the icing on the cake - thats full of sugar and ads no real value.
@gunzaJMG
@gunzaJMG 3 жыл бұрын
@@michaelb9940 well at the end of the day a home’s purpose is just to protect you against the elements and/or wildlife so you could apply the same logic there.
@michaelb9940
@michaelb9940 3 жыл бұрын
@@gunzaJMG didn’t quite understand what you’re said there! In this era we are living in - home is no longer (just a shelter). This is why the current market for the millennials who are actively buying homes (or in the market) leans toward communities that offers more than just shelter. I still find living in areas that have a better sense of community superior / thus the price tag
@DanielTheStoic
@DanielTheStoic 3 жыл бұрын
Just had a fancy steak dinner last night. Over $400 after tip. Chilies “Chips and salsa, and fajitas“ definitely feels like a better value. Ha Thanks for another great video Alex!
@joshmcc3182
@joshmcc3182 3 жыл бұрын
Listening to Alex talk so nonchalantly about spending 300k lol. Makes me want to level up.
@MasterAcquisition
@MasterAcquisition 3 жыл бұрын
Keep working at it Joshua
@LifeLessonsWithLuis
@LifeLessonsWithLuis 3 жыл бұрын
Amazing Video!!!!
@DeividasJursa
@DeividasJursa 2 жыл бұрын
You're on a different level to most KZbin "Gurus". Appreciate the advice.
@matts9728
@matts9728 3 жыл бұрын
Completely agree, we're planning on being financially free within the next 5 years. My wife and I pull in about $225k/year but live off $40k, we've been investing the balance for a few years now.
@castleincorporated
@castleincorporated 3 жыл бұрын
great job
@JA-ld3it
@JA-ld3it 2 жыл бұрын
nice, just straight index funds or active?
@TheAzn18
@TheAzn18 2 жыл бұрын
How old are you guys?
@matts9728
@matts9728 2 жыл бұрын
@@TheAzn18 Both 32
@matts9728
@matts9728 2 жыл бұрын
@@JA-ld3it 95% Index funds (VTSAX), 5% individual stocks just because I enjoy it, not because I'm convinced I'll beat the market.
@SlayNetwork
@SlayNetwork 3 жыл бұрын
Never be impressed by money
@timothysullysullivan2571
@timothysullysullivan2571 3 жыл бұрын
F Scott Fitzgerald to Hemingway over a drink: "The truly rich are very, very different from you and I." Ernest: "Yes. They have more money."
@kaoticmind09
@kaoticmind09 2 жыл бұрын
Absolutely true. Don't be impressed by a boat, be impressed by how good of a sailor someone is. Don't be impressed by an expensive car, be impressed by how someone operates that car on a track.
@garrettcayce4257
@garrettcayce4257 3 жыл бұрын
It's very interesting to put all these fancy things into a realistic perspective. Thanks for sharing your perspective and thanks for all the videos you make! I've been enjoying watching them and I've learned a lot. I'm looking forward to learning more in the future!
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Appreciate it. Thank you.
@thesauce669
@thesauce669 3 жыл бұрын
"Double Meat Chipotle Bowl"--- I say it all the time.....one of the best values EVER
@Gajdosh
@Gajdosh 3 жыл бұрын
Just found your channel today. You are a rock star, man! best content out there
@MasterAcquisition
@MasterAcquisition 3 жыл бұрын
I agree, this content is solid. Keep growing brother.
@TheAlberto121212
@TheAlberto121212 2 жыл бұрын
This video is simple math yet so genius! I hope everyone on youtube gets to watch this video Atleast once to open their eyes. Specially when you mentioned the product testing part and the ratio thing towards the end of the video. Thank you for this incredible video Alex!
@basilfontana
@basilfontana 3 ай бұрын
I love this - honestly puts it perfectly into perspective
@Misterthirtysix
@Misterthirtysix 2 жыл бұрын
This dude is so down to earth, I really appreciate him and his perspectives
@TheRichB
@TheRichB 3 жыл бұрын
Probably the best and most easy to understand video ever made on the subject..thanks so much.
@MasterAcquisition
@MasterAcquisition 3 жыл бұрын
Thanks for sharing
@keenanviolet4823
@keenanviolet4823 3 жыл бұрын
Great video Alex! Following you for a while and watching your content! Wish that become just 1% as successful as you are and end the struggle with financially and pull something off from the ground.
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Just don’t quit
@keenanviolet4823
@keenanviolet4823 3 жыл бұрын
@@AlexHormozi I'll never quit.
@L.F.williams-jx4db
@L.F.williams-jx4db Жыл бұрын
@@AlexHormozi you & Leila ROCKS!! Which Company do you Use to Rent Private Jets? Thanks & Appreciation
@philspaghet
@philspaghet 2 жыл бұрын
5:58 I have a bone to pick with ya here as a car enthusiast. I really enjoy driving so whatever "little" enjoyment I get from driving is 100% worth it to me. but you don't need an exotic car. Buy a car that is FUN to drive, not something that's just fast. Instead of a Rolls Royce, get a Toyota GR86, instead of $400k you spend $30k on a really enjoyable car that gets 30 mpg and is really fun to drive and is well built, just make sure you get a manual. You get pretty good MPG but you get a lot of enjoyment within the road limits. Get a car that feels good to drive. To me, Priuses just depress me to drive, and I've driven some, it's just not for me. We all have things we like to spend money on, for me it's cars.
@JacquiMwangi
@JacquiMwangi 3 жыл бұрын
Always watch Alex's videos until the end! That happiness equation is scary true!
@infinitetwinflame
@infinitetwinflame 3 жыл бұрын
There is ALOT missing here…. Hotels, medical, beauty/hair etc, insurance, gas, food… therapy, 8 million online things, taxes, kids everything
@tyhigby4345
@tyhigby4345 2 жыл бұрын
As always, Alex is over here blowing minds with his insights. We’re so lucky to have you sharing the info that you do. Thank you so much!
@matthewjosiah
@matthewjosiah 3 жыл бұрын
This man thinks different, it’s brilliant!
@Joseph-xt2qg
@Joseph-xt2qg 2 жыл бұрын
I learned this on a MUCH smaller scale when I bought my childhood practical dream car (vw Passat... I know) and realized after a couple weeks that I didn't see the outside while I was driving it, but I did worry a ton about it at all times. It's worth it to have a car that works well and is comfortable, but it's amazing how quickly you acclimate.
@jarredthomas3355
@jarredthomas3355 3 жыл бұрын
This video reminds me of a book I read years ago fresh out of highschool "The Millionaire next door".
@joohad
@joohad 2 жыл бұрын
I really like your approach man. All the best, Love your videos
@ericbooya
@ericbooya 3 жыл бұрын
Glad I've stumbled upon your videos. Solid dude with awesome advice. I appreciate the shared knowledge and value you're adding, when you have literally nothing to gain.
@wizdqvm3z
@wizdqvm3z 3 жыл бұрын
Finally!!!!! somebody tells to absolute truth about the actual costs of this lavish lifestyle that MOST of these so called Ultimate Rich Gurus never explain to people. Thank you sir for your honesty and integrity. You’ve earned yourself a new Subscriber 💯.
@slidedeckfinance
@slidedeckfinance 2 жыл бұрын
I really liked the part how you explain that some people could just be using this as a front since it's easy to achieve and that they're not really wealthy. Well done.
@richardsoundz
@richardsoundz 3 жыл бұрын
One of the best videos I’ve seen in a while
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Thanks man
@TheMarketingShowChannel
@TheMarketingShowChannel 2 жыл бұрын
This reminds me of the saying that we all know money doesn’t buy happiness, but everyone wants to find out for themselves.
@AnthooFitz
@AnthooFitz 2 жыл бұрын
Genuine youtube video shinning the light on stuff that matters
@nathangoode3126
@nathangoode3126 3 жыл бұрын
This is a great breakdown and reality. From someone that flies A LOT, Private is nice and there is a time and place. But flying commercial with status, first class and convenience is much cheaper. Thank you for great content and the down to earth mindset on this.
@-Putz
@-Putz 2 жыл бұрын
Thanks for breaking down this information and for your insight. It’s so great to have somebody not pushing the superficial. Thanks for not selling anything.
@ericbasek2801
@ericbasek2801 3 жыл бұрын
dude. u speak into my soul.
@daytraitor
@daytraitor 3 жыл бұрын
It takes a lot to get to that point of ~300k. Compounding returns would probably make almost anything seem possible after that point!
@universeprogress
@universeprogress 2 жыл бұрын
This is one of the most enlightening videos about money I’ve ever watched… Thanks!
@cardboardspace
@cardboardspace 3 жыл бұрын
These are all superfluous spendings tho. That is like tip of the iceberg extra spending for rich people. I think the real major expenditures would be responsibilities, supporting families, children's schooling (e.g. 4 kids' or grandkids or nephews' private schools or something), personal staff, medical or health related expenses, supporting other initiatives etc. So I mean this isn't an accurate spending profile for a rich person.
@juanshaftpatel7488
@juanshaftpatel7488 3 жыл бұрын
how do you know? youre a poor
@eduardoreyes9106
@eduardoreyes9106 3 жыл бұрын
I agree but for the sake of explaining something, it’s a good proxy.
@nicolausthothmes2325
@nicolausthothmes2325 3 жыл бұрын
He also states that this is the lifestyle that lures most people into wanting to be rich, and he's saying not to listen to it, because ultimately that's his message. There are more important things.
@syenosis
@syenosis 3 жыл бұрын
@@juanshaftpatel7488 Don’t assume things about people you don’t know. Private schooling/wet nurses/nannies etc is by far the biggest drain for wealthy people who have kids. The other stuff like private chefs or whatever are more optional but you can’t get away with not having a nanny if you’re still working.
@JohanFitFoodie
@JohanFitFoodie 3 жыл бұрын
Love this breakdown, numbers don't lie! Also a huge fan of the ratio, once beyond investing/saving 50% of income it really changes. Getting to just spending 10% is the goal for sure (by earning more) 🔥
@rakkitb88
@rakkitb88 2 жыл бұрын
Thanks man. I'll take note of this going forward. Honestly being "rich" enough to not work as an employee is all I ever wanted
@henrikraymond5235
@henrikraymond5235 2 жыл бұрын
Thanks for the Enlightenment, If you don't find a way of multiplying money, you will wake up one day to realise that the Money you thoughts to had , had finished.... I'm just saying that people should develop the habit of investing it's really helpful in life. Investing is the key 🔑
@lindalily6924
@lindalily6924 2 жыл бұрын
Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.
@binagital5665
@binagital5665 2 жыл бұрын
His trade execution quality and profiting is well structured with great financial features.
@williampearl8875
@williampearl8875 2 жыл бұрын
Such an helpful video thanks alot .
@abscottcoleman400
@abscottcoleman400 2 жыл бұрын
Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.Such an helpful video thanks alot .
@katlinmicheal8121
@katlinmicheal8121 2 жыл бұрын
I've seen so many reviews about this man called Romero pieto who is he ?
@rla510
@rla510 2 жыл бұрын
Great job Alex, thanks so much for the perspective. So true.
@koketsommusi8374
@koketsommusi8374 9 ай бұрын
Thanks man. I needed this
@jp.barros
@jp.barros Жыл бұрын
Your thinking is entrepreneurial philosophy. Great, as always
@LinhPodetti
@LinhPodetti 3 жыл бұрын
Another great video. Humble and wise advice
@jesseandrusiv
@jesseandrusiv 2 жыл бұрын
I’m so glad I came across you, thank you for the value that you give us. I appreciate you💪🏾💪🏾💪🏾
@Canup
@Canup 3 жыл бұрын
I experienced this personally this last year! I wish I watched your video before I spent more money than I should've on all of these things... oh well, live and you learn haha. Was my first time making over $500k in a year lsat year and having some 6 figure months this year 🤪 love your channel btw. Insane value!!
@kennethporst1738
@kennethporst1738 3 жыл бұрын
Why wasn't it worth it??? Over here hustling my butt of to afford these for me and my family
@Canup
@Canup 3 жыл бұрын
@@kennethporst1738 I wouldn’t say it wasn’t worth it. It’s just I wish I held off until I was making more money so I could play more risky in busy and invest more into the biz. I was balling too hard for the amount of money I was making and unforeseen risks that came that I exposed myself to. Like Alex says, try to keep your expenses as low as possible compared to your income!
@Alex-vk7qg
@Alex-vk7qg 3 жыл бұрын
@@Canup Congratulations for your success, what do you do?
@jfcha744
@jfcha744 3 жыл бұрын
I agree with everything except the car… I think you picked the wrong car… A Porsche is the move.
@kennethporst1738
@kennethporst1738 3 жыл бұрын
Everyone got there own car so
@DatingAdviceForMen
@DatingAdviceForMen 2 жыл бұрын
Thanks for sharing Alex!
@williamli1912
@williamli1912 2 жыл бұрын
Awesome content! I was never in my life considered a "rich person", however, most of my needs were already met by the time. I have pretty much everything I need. However, it wasn't always like this. Not too long ago, it seemed to me that what I have just isn't enough. And so, eventually, I found myself in this never ending cycle of trying to make more for God knows what reasons. It made me sad, misarable and depressive. Funny thing is, the more you make, the more you look at other people, making even more than you! This is some toxic stuff we are talking about. Money is never enough. And if you don't learn to live with what you have, you will never be happy. Even with those millions in your pockets. I am not saying you should be poor. What I am trying to say is that most of our needs are already met. At the end of the day, if there's something you do just for the sake of money, it's not worth it. You can try it but be my guest.
@niks1na
@niks1na 3 жыл бұрын
ALEX is a GIANT. Not only physical, but GIANT like a HUMAN BEING.
@DzizasleonBackup
@DzizasleonBackup Жыл бұрын
wow, actually a very informative video. I didn't know how much it cost, so now I can really say what my goals are, and be sure I'll stick to them, and moreover, they are very precise. Very useful video. Thank you, Alex. And bro, you are jacked here, look amazing.
@MattTradesLife
@MattTradesLife 3 жыл бұрын
If anyone missed it, I 100% recommend you listening to Alex's Podcast with Brad Lea. GOLD.
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Gracias. Trying to provide some stuffs that are useful.
@lifekeywords
@lifekeywords 3 жыл бұрын
Under rated channel. Thank you for the videos. We all know it will pop soon
@Mr_owl_vibes
@Mr_owl_vibes 2 жыл бұрын
Holly Smokes! You just refocused my whole Life !! Thank you for sharing such valuable information! 🙏🏻❤️
@matr1x83
@matr1x83 2 жыл бұрын
I love your content bro. Your advice is priceless, but I kinda wish you went into upkeep for these things as well! From the bills and furnishing of the pint house to “GAS” and upkeep for the whip! Lol. You see how I put the gas in quotations lol prices today are unreal! 😅
@itsalexdavis
@itsalexdavis 2 жыл бұрын
This video definitely deserves more views! This would really open up the minds of so many
@iamjoshuasparks
@iamjoshuasparks 3 жыл бұрын
Love the content bro. Focus on lowering your wants. That's beautiful
@eyecandy-gaming
@eyecandy-gaming 3 жыл бұрын
Love how down to earth you are even though your very wealthy
@AutechB12
@AutechB12 3 жыл бұрын
The gems dropped in this video here... SUBBED!
@j-star1
@j-star1 Жыл бұрын
One of the best videos in your channel!
@atomp153
@atomp153 3 жыл бұрын
I used to work for the 1% and your advice toward a pragmatic/realistic approach to your purchases are worth milllions... $$$$
@brianhoutz101
@brianhoutz101 2 жыл бұрын
I fly on my jet over 300 hours per year, and it is ABSOLUTELY worth it. however I own only one car and that’s a Ford Fusion and I wear car hearts . So to each their own.
@videoDKNY
@videoDKNY 3 жыл бұрын
Just rent once/twice a year a exotic car for pleasure.
@kennethporst1738
@kennethporst1738 3 жыл бұрын
No no no no why rent when you can own...
@elonmusk6654
@elonmusk6654 3 жыл бұрын
@@kennethporst1738 If it fly floats or fucks ,you rent it. All the rest, you should buy.
@valenciaflo3934
@valenciaflo3934 3 жыл бұрын
@@elonmusk6654 thanks elon, I knew u were a smart dude.
@syenosis
@syenosis 3 жыл бұрын
Or buy an older model that’s depreciated down a lot and has begun to appreciate due to collectors value. You’re still going to spend a lot on maintenance and that kind of thing but the actual value doesn’t drop very much or sometimes it may go up over time. The only downside is the opportunity cost of tying up your money in a car. A lot of older 911s, some Ferrari’s, etc. barely depreciate at all. I owned a Porsche for like 3 years and it depreciated only $5000 during that time so that came out under $150 a month which is like any car.
@MrJamescord
@MrJamescord 3 жыл бұрын
Exotic Car Hacks- get paid to own an exotic! Look it up, buy the course, put the knowledge to use, repeat! Your welcome!
@jamiekoh6113
@jamiekoh6113 2 жыл бұрын
My goal since day one for my ambitions was to be able to just go outside and get anything I wanted without needing to think about it. I was scrapping for loose change on my couch to eat dinner when I was 16 years old and playing on the basketball team with ripped-up shoes. One KZbin video I watched that was the dream life to me was when this guy saw a nice backpack on a vacation and was quickly able to buy it while throwing out the old bag like it was nbd. Absolutely mind-boggling to me.
@L.F.williams-jx4db
@L.F.williams-jx4db Жыл бұрын
Leila & Alex, this CLIP is Awesome. Which Company do you Use to Rent Private Jets? Thanks
@tinkerbel8800
@tinkerbel8800 2 жыл бұрын
Oh My Gosh, Thank you , that is so helpful for planning . Thank you
@00gob
@00gob 3 жыл бұрын
Thank you for your time , the message was very clear.
@netgeek9725
@netgeek9725 2 жыл бұрын
First video of yours i watch .... just awesome ... thank you so much
@loganrun6010
@loganrun6010 2 жыл бұрын
While I agree with the majority of this….there is a benefit that comes to living in expensive buildings, going to expensive places and possibly even having an expensive car. And that is that you get to network and meet other wealthy individuals and who you know is an exponential factor and what you will be able to create. Just being surrounded by people who are on your level or doing better than you is usually enough motivation and builds your conviction. Having been financial disadvantaged and now doing well, I would not go back to living where I did before. And moving to a better neighborhood definitely increased my business exponentially.
@kahzmokahzmick5157
@kahzmokahzmick5157 2 жыл бұрын
Awesome video💯, thanks ‼
@pvalentin621
@pvalentin621 3 жыл бұрын
Sick video! Keep making these please! Makes so much sense in a very no nonsense way! ;) Just gave u a like and a sub :)
@AlexHormozi
@AlexHormozi 3 жыл бұрын
Appreciated. ✊🏽
@TheRonelAaron
@TheRonelAaron 2 жыл бұрын
wealth is a ratio of what you spend vs what you make, it is not a number. complete mindset shift 📈
@syasyaishavingfun
@syasyaishavingfun 4 ай бұрын
Alex is a simple man, thinking people only spend 3K per year for clothes. These wannabes will spend 3K per bag, and buy at least more than 2 bags per month.
@NAYF76
@NAYF76 3 жыл бұрын
Hands down one of the best videos on You Tube. A great lesson to the western world!
@TheGamerKVT
@TheGamerKVT 3 жыл бұрын
Thank you Alex for your Content!
@KatchMK1
@KatchMK1 2 жыл бұрын
Thanks Alex, this puts a lot into perspective.
@michaelpapazis
@michaelpapazis 2 жыл бұрын
Its funny i was about to do more research on bentlys after seeing your thumbnail, but now i want to do more research on honda accords
@nick_h2o
@nick_h2o 2 жыл бұрын
Loved this, thanks for sharing
@jessea428
@jessea428 2 жыл бұрын
Great video! Awesome info 🙌🏼
@pcase34
@pcase34 2 жыл бұрын
Love your videos man. Thanks for creating this content.
@ohigetjokes
@ohigetjokes 3 жыл бұрын
This helped me a lot. I'm definitely a "what am I missing" kind of guy so to get this reality check really helps.
@gilaxelrod7905
@gilaxelrod7905 3 жыл бұрын
The happiness equation is going to help me a lot I cant believe I never heard of it.
@mjy2006
@mjy2006 3 жыл бұрын
I love your content! super underrated. your time will come soon!
@AlexHormozi
@AlexHormozi 3 жыл бұрын
It’s already beeen here. Just doing my thing. No destination. Just enjoying the ride.
@skittlezSKiLLz
@skittlezSKiLLz 2 жыл бұрын
Such an insightful video holy fuck grateful for these different perspectives good shit 😎 bro
@FINANCEPORT777
@FINANCEPORT777 2 жыл бұрын
This isn’t just gradually changing me. Your content is literally rehabilitating my abused social proof taught brain.
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