15 Things Rich People Advise But Never Do

[@watsonkashala99]

00:00 - Intro 00:17 - Go to school 01:22 - Reduce spending 02:25 - Get out of debt 03:16 - Diversify 04:30 - Always stay informed 05:31 - Stick to the budget 06:27 - Get a passive income 07:36 - Don’t be afraid to take risks 08:30 - Step out of your comfort zone 09:17 - Save for retirement 09:59 - Invest in real estate 10:41 - Network extensively 11:32 - Follow your passion 12:16 - Embrace failure 12:49 - Work hard

[@royroy3]

12:49 Work Hard. Kim Kardashian left the chat 😂

[@Fatihpro]

Thank you for the update *VRI TOKEN* is done right, and waiting is part of the process,

[@aliaytar75]

*VRI TOKEN* has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures.

[@merveozkaya5462]

I already converted all my ETH to *VRI TOKEN* , now I feel like moving all my BTC to ADA as well.

[@ANOX440]

Happy to see some greens again. The last few days have restored my faith in crypto and made me believe we aren't down and out yet. Already started making some of the significant buys I've been planning for sometime now. Over the last few hours I've bought myself a good amount of *VRI TOKEN* , one of the tokens I'm really bullish on. because of it's potential and high utility.

[@sophiamoore9]

When you follow the steps below, you attain financial independence.

[@avajones2944]

Deserve all the attention. 🙌

[@johnwalker1736]

Wow! Stumbled over here on the same Isabelle Chloe Scott , which my colleagues at work always attest to her great experience in lnvestment. Good deeds they say, fly easily..... Isabelle is great!!

[@ferraritommaso9767]

The journey to financial independence begins with a step and proper assistance. I understood this working with Isabelle, started investing with her some years back that was the best thing I did for myself and now success feels more easier than I taught. You can do all the due diligence you want, yet it all comes down to who you invest with.

[@veyselkus8948]

Finally thanks for the update! I'm trying to hold a million dollars worth of *VRI TOKEN* . Oddly enough it's a sleeper for some weird reason that not many KZbinrs talk about in regards to lnvesting. It has had steady growth since its release.

[@Yesminjames]

I always look up to you when it comes to financial lesson and advices. You are such a blessing to this community. Anyone who is not investing now is missing a tremendous opportunity. Imagine investing $1000 and receiving $4,200 in 5day. Analia Harlod is the best

[@Debbiemoris7652]

That's true, investment helps because it set sets a good path for our children to walk through. Without investment our struggle's are meaningless

[@Yesminjames]

SHE'S ALWAYS ACTIVE ON TELEGRAM'S APP* WITH THE NAME BELOW.

[@Yesminjames]

*Anharlod*

[@sanibayrak9057]

I’ve been with *VRI TOKEN* for more than five years and it’s one of the best decisions I’ve made in terms of investing. I use my self-directed IRA with Preferred Trust Company. I work with my Investment Representative from Ignite Funding who is very professional and knowledgeable as well as the other employees in other departments. I get answers to my questions right away. I have more than 20 loans at the moment and interests are paid in a timely manner. I’m grateful to have them.

[@omerbora5066]

I wanna let you know that *VRI TOKEN* made it this year. What better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

[@AyazGaming-j7i]

Thank you for your videos mate, you know most people think that investing in crypto is all about holding till it rises, come on, it takes time and is a gamble on the long run, this recent dip and slight pump should be a lesson to people who hold blindly. Working with *VRI TOKEN* , made me believe that when you hold, you stand the chance of losing it all too unexpected dips. So rather than simply holding, I trade crypto under his expertise.. We need more experts like her, who educate people on the evolution of the market so people avoid common mistakes. so they don’t walk out of the market feeling frustrated! I able to accumulated over 11.8 BTC when I started at 1.3 BTC in just few weeks implementing *VRI TOKEN* daily trading signals and tips..

[@ekberyldz8946]

Today *VRI TOKEN* is less than $1. Time for everybody to wake up and get with the winning team.

[@ahjamesuzumlukekim8628]

Now is the perfect time to start buying stocks and crypto( BTC, ETH,) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to *VRI TOKEN* for helping me get into her trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with

[@stevenporter863]

2:27 Debt: consumer debt is for acquiring liabilities, good debt is for acquiring assets.

[@penguingobrrbrr353]

Don't forget that good debt also has risks.

[@stevenporter863]

@@penguingobrrbrr353 Of course. But consumer debt is 100% bad.

[@AdamGordon1]

9) The rich don't step outside their comfort zone. This is in complete contradiction to the Alux vid I watched a few days ago.

[@themanifestorsmind]

Levels. When you are trying to get rich, you have to step outside your comfort zone. Once you get rich, you stick with what works.

[@Meetericaddo]

"You are not saving your way up to 1 million dollars." I'm startled.

[@barisakad]

Excellent video per usual. I deeply respect how you keep emotion out of your analysis and outlook of the market, yet at the same time, work hard to create top-notch quality videos that are always so engaging. Recently I have been executing decent volumes of trade making a great ROI with strategy and insights from *VRI TOKEN* and its been an amazing feeling doing it MYSELF. I have over 2.8million and it keeps growing with his approach. One has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm!...

[@DrAngelKins]

1:40 I already figured that out (mark tilbury said saving will not make you rich)

[@entrepreneurking8162]

I disagree with number 7 people do become rich off passive income such as real estate network marketing blogging etc

[@AdamGordon1]

Agree. It's not passive income versus equity. You can have both.

[@aleynaerklc6079]

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *VRI TOKEN* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

[@aliozanaydogdu1961]

Idk about price, but I'm going with *VRI TOKEN* . I feel that regardless of gains and losses my funds are safe.

[@isaackellogg3493]

Warren Buffet famously said, “Don’t diversify. _Do_ put all your eggs in one basket-and watch that basket!”

[@mesut9212]

I don't consider renting passive income unless you have professional property management. Most people who rent don't count their time and effort needed just to make a tiny return on their massive investment. For example, you invest $599,000 to buy a second home and rent it out for $3000 a month. Let assume you are cash flow positive on the property and you make $1000 a month or $12,000 a year. What would your annualized return be? 2 percent on the entire amount. Now, you can argue that your return is much higher since you only put down $120,000 on the property. However, you are on the hook for the full $600k regardless of what the future FMV of the house is. Furthermore, people assume that their home will always appreciate in value however, this is a false assumption you can make. In the best case, you will gain some capital appreciation thanks to the central bank increasing the money supply, however, if inflation heats up, you can see your property actually start to lose money in real terms. This is because there is an inverse relationship between housing and nominal interest rates. The central bank will attempt to slow down inflation with higher interest rates and curb lending. We haven't seen inflation in a big way but we can see all the massive stimulus money that the government is pumping turn into inflation while taxes will be hiked to pay for all the COVID spending, your best choice is to look into *VRI TOKEN* Its more profitable.

[@metinkelesoglu]

Can't deny the fact that *VRI TOKEN* is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.

[@Erendemr]

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*

[@ALİ.GENC13]

Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *VRI TOKEN* , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied.

[@davidlouise87]

Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term .Bitcoin Always comes back.

[@rileymolnar]

Investing and trading are more than just having TA skills.there is a big component of discipline and emotional maturity,that one has to work on! Time in the market vs timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path

[@monicaryden9925]

How come someone who is just starting out navigate the crypto space ? I don’t have the heart to see the bulk of my portfolio go from green to red.

[@Beckyburcky321]

I think it’s brilliant to use brokerage advisor for investing! Prior to speaking with an advisor I was actually suffering an investing nightmare during the economic crash in March 2020. In summary, with the help of my advisor, I have so far grown my initial $120k investment to over $550k

[@monicaryden9925]

@@Beckyburcky321Impressive can you share more info?

[@Beckyburcky321]

I’d recommend investing in good projects after DYOR and DCA rather than going all in at once to ensure a good average. I don’t buy /trade just for the sake of it ,instead I sought the advice of a fiduciary financial advisor, Jessica Katherine Ellis who guides me through the process, I made £70,000 profits in my portfolio in Q2 2022

[@josephfrys6969]

I'm favoured, $230K every 4weeks! I can now afford anything and also support God's work and the church.

[@bekiranit7215]

Thank you for being there *VRI TOKEN* when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.

[@AyseOzturk-pt9xs]

I think you literally just saved my life Leo, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met *VRI TOKEN* the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner.

[@isaackellogg3493]

12) The poor and middle class network extensively; the rich network intensively. Wide vs. Tall.

[@juileeshinde8933]

Smart Selectivity is a key brother 😎

[@firdovsidadasov8830]

Thanks for the update. I will advise traders, especially newbies, to have an orientation of the market before getting involved. I must say trading offers more benefits than just holding, thanks to *VRI TOKEN* for always keeping me ahead of the trend, so glad I started the program with her..

[@ibrahimbahar3221]

Anyone else feeling messed up with all the bad happening? Glad that *VRI TOKEN* is giving power to the people which is not what I personally expected but it's there and everyone can get a good share of that. Don't just take my words on this, best is if you have a grasp yourself what they wanna do and what the vision is like. Probably something which will change the next generations and decide if it makes sense to run digital currencies or not

[@hamzaemirmutlu3271]

Honestly I appreciate you and your content , Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps,narrowly avoiding a long-term bear market. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 12 btc from day tradng with VRI TOKEN and charts.She has been one step ahead of other analysis..

[@marvin22blu]

You must judge someone from what he does not from what he recommends 😇

[@irmakaskim6009]

My heart goes to the entire community for *VRI TOKEN* building up something even my grandpa can understand. This is so smart by them to launch it to shatter the doubts and fears of the common folk which is not even correct to begin with. Everyone knows the state of inflation and recession now and the way out is already in progress. Now it's just about catching the big fish

[@-Editciniz_76-]

Big ups and big love for the awesome daily content. Because inflation devalues your savings, it compels everyone to be an investor. Meaning you need to preoccupy yourself or offload your time/energy to the study of investment opportunities both of which are very costly. Thanks to VRI TOKEN for showing me the appropriate way to get into bitcoin investing and trading with her trade signal and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money 13btc lately and have continued on that same path with VRI TOKEN

[@ameliajoseph6314]

This administration putting so many families into difficult situations, Anyone who is not investing now is missing a tremendous opportunity! Imagine investing $1000 and receiving $10,350 in 3days thanks Ms Zelinda

[@johnsonchristian2632]

Investment is far better than money saved. When you invest your money it works for you and help you earn more money.

[@carmelitagonzalez5014]

Most failures and loss on investment usually happens when you invest without proper guid.

[@blakehelton6884]

Can you refer me to her 🙏🏼??????

[@ameliajoseph6314]

*SHE’S ALWAYS ACTIVE ON TELEGRAM’S APP WITH THE NAME BELOW*

[@ameliajoseph6314]

*MS ZELINDA*

[@mervankenco810]

I really appreciated this video, as a medium-term *VRI TOKEN* holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earlier assessment. This will crush the market.

[@escapingmediocrityhub]

I appreciate how transparent you are in your videos. It's clear that you're passionate about financial freedom and that you genuinely care about helping others. Thank you for being such a positive force in the KZbin community!

[@danicegewiss862]

Dave Ramsey followed his own advice, then sold it which he continues to do. My husband has no intention to retire. He's getting ready to invest his dad's retirement in his own business. I have no intention to retire either. I am backing his business.

[@LoganRoy723]

Mrs Claudia Walters the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy

[@proofoflife7654]

I want to be rich but I’m not really interested in anything 😭😭😭

[@Youdontknowwhatliterallymeans]

I'd like to see Alux's evidence that the rich advise this behaviour but don't do it.

[@danicegewiss862]

They are the rich.

[@rosej5029]

Especially when the wealthy person's biography states they did do some of the things on the list to attain the wealth they have now.

[@DrAngelKins]

4:58 I already doing this.... Woah...

[@Tesla99]

Shout out to the people telling everyone how happily they worked at walmart for 30yrs thinking the walton family really cares about them…… you just wasted your whole life keeping them rich while they’re buying sports teams and million dollar yachts……. Good job!

[@factfactory575]

If that what makes someone happy, who are we to say they're wrong?

[@jayman5692]

Who are you to say that?

[@r.s.334]

U r a simpleton.

[@gbb82]

Man that was rough but so true.

[@factfactory575]

@The Actual Clips Some people are completely fine with mediocrity.

[@UmbraeNacht]

The correct answer to that $1 ad question is “ pay an accountant to do that math for you”

[@ademcamuz9588]

I am a longtime user of your investment software program. It is a very useful bit of software, and saves me tons of time at tax time each year. Thanks for the great support over the years, keep this good thing going, *VRI TOKEN* is amazing hands down the best.

[@TokyoTaisu]

One point is incorrect. Real Estate. I work with UHNWI's including a few billionaires. Yes, private equity has a higher return but at a higher risk. In my experience there's about 40% allocation that goes towards real estate done well. Unlike in the video, this doesn't mean variable interests for example but long term fixed. You can differentiate between millionaire, deca millionare, centi millionaire and billionaire by asking about their investment horizon. The longer the richer.

[@TokyoTaisu]

Also, property development is a hybrid between private equity (PE) and real estate (CRE) so that's very attractive to billionaires as well.

[@BasementBerean]

Great stuff to think about and a lot of truth, but I think "never" is a bit too strong. I'll bet some rich really do some of these.

[@Mzhbk]

Alux what are you talking about? Most wealthy people have a degree. That’s a statistical and objective fact. You immediately lied out the gate.

[@AdamGordon1]

😂

[@Mzhbk]

@@AdamGordon1 first they’re promoting shady lying ass MASTERWORKS and now they’re just lying in their videos. It’s why I unsubscribed. They sold their souls a while ago

[@AdamGordon1]

@kavonhall I like most of their videos but this one is bogus on several accounts.

[@Mzhbk]

@@AdamGordon1 their quality has dropped by a lot over the years. I believe only half of what they say now

[@ramazansurun471]

I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started crypto and forex investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much VRI TOKEN

[@WORKGODWORKWORSHIPALMIGH-is7go]

ALUX LEGAL CAN BE MAYBE TRUTH ALL TIME UNIVERSE

[@BOEHHO89]

Advice ,wise men don't need it and fools don't heed it .

[@mewaka]

According to the vid, most Rich people advise but ever do these. 1. Go to Scholl 2. Reduce Spending 3. Get out of debt 4. Diversify 5. Always Stay Informed 6. Stick to the Budget 7. Get a passive income 8. Don't be afraid to take risk 9. Step out of your comfort zone 10. Save for Retirement 11. Invest in Real Estate 12. Network Extensively 13. Follow your passion 14. Embrace Failure 15. Work Hard

[@rodneybugher9312]

Really? Seems like these are the exact things rich people do.

[@XRP-Mill]

I think it does help.. certain doors won’t open up if you don’t have a degree… I seen alot of worthless supervisor that got the role o my because they went to school…

[@fiftyseventh]

Don’t “follow your passion”

[@tariqbandesha5562]

Why?

[@AI_Generates]

😅😅

[@fiftyseventh]

@@tariqbandesha5562 according to Alux, rich ppl don’t follow their passions. It makes sense

[@josephphoenix1376]

What? No Bonus Points?🤔

[@r.s.334]

Great video but too many plugs for other stuff

[@lavedadean]

Exclusive clique of super rich are closed shops, that why call it exclusive. Social stratification will always exist.

[@paranormalvideos1263]

Don’t reduce your spending increase your spendings

[@mr.guzwee7695]

Increase your earnings

[@shaereub4450]

​@@mr.guzwee7695buy good quality(which may cost more) that will give you the energy to produce more and make more.

[@christianchauhan23]

❤🤍💙 all your videos mam👍

[@jamesmac-if5lt]

💪🏾💪🏾💪🏾

[@iammireyaa]

Covid era had brought its bad and good side… covid times brought me to you ALUX and I have learned a lot . 👏🙌✍️

[@MichaelCobbs]

👀🤔

[@alamedvav]

Spend to reduce. I recently go this one. It literally blew my mind.

[@jeremiasintong6803]

rich people listen to this channel, that's number 16

[@nayanmipun6784]

Or these advices aren't given by rich people

[@soumitamukherjee5123]

Now I'm really confused with risk taking 😕

[@thesoundsguy69]

study with available data and then make predictions and take risk . do it again and again

[@CyrusFernandez-es2fd]

You might not understand the intro. 😅

[@luluthespecialist]

When you said "passive income" I said "I SWEAR TO GOD!" out loud

[@vivekshivdasani9521]

Exclusive schools are the worst place to get educated. It’s your interactions with other students that make a great school not brilliant teachers and individual attention and pampering.

[@espanner97]

If you can't afford something, go without it. Also, get out of debt to avoid more debt (from interest).

[@vijaykumar.v1727]

very nice and honest video

[@hugh009]

⭐⭐⭐⭐⭐!

[@Nesibemelemen]

Yeah you making 1k invest into something that gives an average 2.9% yield, that would take nearly 30 years to cover that initial 1k, Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? That's why *VRI TOKEN* is the best

[@munawardinlakanwal]

Love from Afghanistan 😊

[@penguingobrrbrr353]

Well... passive income is from rental income also which is needed if you want to make money tho.

[@trainerswash9904]

Where do you get your music from?

[@darealocc]

Yea

[@prems1545]

I waited for this video all my life and here I am I knew all of this but I hide myself since the commoners may accuse me

[@user-mz7dq8jz7o]

This video.. all i hear is "you see"

[@javaidak4204]

❤❤❤

[@redtaylorsversion8492]

WHERES THE BONUS???

[@girlgoneplaces]

Me waiting around for the bonus💀

[@illmatic1026]

Gotta give people hope even though the rich know they won't be successful.😌

[@dima-rafael]

If the rich use other people money they practically could afford to risk all yet they still manage to risk 20% that’s almost an art of business

[@elizabethandrews4199]

Doctors can be rich and they work 12 hours a day for years and go to school for years.

[@themanifestorsmind]

​@Padmanabha Bhattacharjee that's a distinction a lot of people don't get. Especially considering how one can be rich and broke at the same time.

[@ecn1997]

First

[@JSFGuy]

Grade?Can you count?

[@rubenlaracuente8991]

NO COLLEGE ,AND I MAKE OVER 100K A YEAR WITHOUT ANY OVERTIME 20 VACATION DAYS 15 SICK DAYS A YEAR

[@Hollowsmith418]

When you take a step back and look at it, life is a strange and lovely experience. I'm grateful to be here with you all. Working with a financial professional may genuinely set you up for success in life. I'm glad I was able to contact my coach, Joseph Sullivan Anderson, early this year since, while others were complaining about the downturn, I was busy cashing out from my portfolio, eventually making over $370,000 in the first quarter alone.

[@leonardo54465]

Very true, I started investing prior to the pandemic and made a profit of around $750k that same year with no prior investing experience, basically all I was doing was seeking guidance from my coach Joseph Sullivan Anderson, who's a guru in the game, you can be passively involved with the help of a professional.

[@Madisynmueller]

I sincerely appreciate your advice. It was simple to locate your coach online. I did some research on him before we scheduled our phone chat. He appears knowledgeable based on his internet resume.

[@allisonmarkson324]

Joseph Sullivan Anderson has changed my life; he is great, and ever since I met him, my life has taken a good turn because of the passive income through his knowledge and ideas, which are critical for winning despite all odds in this sector of internet commerce. has aided us in paying off debt and saving for retirement.

[@bobsmith1658]

had to check him up on google.,,. I'm expecting to hear back from him soon after seeing his website and sending a message. Appreciate!!!!

[@manikraftc]

between the two, I think I would still support *VRI TOKEN* : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

[@shaheemjackson283]

One of the things I love about Alux is their ability to force me to question my own biases.

[@jituranjandash5482]

KB : KM

[@gabehcoud]

Rich people go to school too

[@rainynight02]

So much of the information from this channel is so contradictory...

[@ainedoyle8617]

This is super important! Investing is necessary for setting yourself up for success financially in the future!, i will forever be indebted to you, you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs.Ava Rowena

[@tessbakker7549]

I'm surprised you know her too, I've been making a lot of profits investing with her for a few months now.

[@klaasjohnsons1523]

Mrs Ava Rowena changed my life because of her high profits I got from investing with her.

[@scottbryan5235]

You invest with Mrs Ava Rowena? Wow that woman has been a blessing to me and my family.

[@nicolasvasquez7531]

How can i get in touch with her, do you mind linking me up with her please?

[@ainedoyle8617]

she has her telgm account were you can contact her there with the user name below

[@rmglover3191]

The most important thing to understand here is WHEN to apply these principles. This video offers perspectives to consider, whose proper application comes through wisdom.

[@Mo-vo4vo]

I agree. Some of the rich actually apply these principles, but at different stages of their lives. And certainly differently than the poor. For example: Step out of your comfort zone. You have to step out of your comfort zone to start. It's just that most rich people focus on one thing and learning to do that one thing well. They lean into their strengths, aka stay within their comfort zone. Take risks. The more you have, the more you have to lose. So yes they're going to risk less mathematically. Furthermore, to get rich they would have already mastered a few tricks and trade. Nobody is going to risk all that work and reputation, hence the 80/20 split between their safety net and their risk appetite. Debt. Consumer debt is always dangerous. So the rich is right. Stay away from it. However, debt in itself is not bad. As long as you use that to buy/invest in appreciating assets instead of depreciating assets. School. The rich is always learning. That may come from a formal or informal education. You're more likely however to learn about real world experiences by having real world experiences than you would in a formal school system. Nonetheless, some may find that they need technical skills to achieve a goal. The poor goes to a formal school for it, the rich hire coaches and experts. The poor lack the context of the rich, and therefore these advices will work, but only for a time. As you grow personally and financially you have to change how you apply these principles.

[@rmglover3191]

@@Mo-vo4vo I bow to your detailed, thoughtful explanation! Well spoken, Mo (and well received)

[@zerodegreescelsius]

You're gonna upset government and bank coffers with these advice, Alux :P Definitely one of my favourite videos 😁

[@EmrahYasar-wz4ju]

It is a good time to invest in *VRI TOKEN* Great potential