How NOT To Be A MILLIONAIRE

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Today’s Video
Most of you have earned a million dollars or more, if you’ve been in the workforce for more than 15 years. Yes, you have! The problem is, most of you also do not keep the million dollars.
In this video, we will share with you the reasons why people can be millionaires, except that they are not. Watch this video to find out how you too earned millions of dollars in your lifetime but lost it all.
So if you want to keep your future millions intact, watch this video now!
If you are new to this channel, we are Fran and John, the Corporate Breakout Couple. Fran is Malaysian and John is Singaporean. We broke out of the corporate rat race in Singapore and got ourselves financially independent in 2020. We love making KZbin videos on topics like financial independence, breaking out of the rat race, early retirement and lots more!
We hope you enjoy watching this video, and do let us know in the comment section if you like it!
With lots of love - Fran and John
For any business enquiries, contact: [e-mail]
Timestamps:
00:00 How NOT To Be A Millionaire
01:23 Easy Come Easy Go
02:44 Paycheck To Paycheck
04:10 Impulse Buying & Emotional Spending
07:24 Traditional Methods Don’t Work Anymore
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Our videos and courses are for educational purposes and are based on our own personal opinions, life experiences and learnings. Any finance-related or investment advice are merely for educational purposes only. For any financial decision, please conduct your own research, do your own due diligence and seek the advice of a licensed financial advisor or real estate consultant accordingly.
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[@corporatebreakoutcouple]

What other ways do people cause themselves NOT to be millionaires? Comment below

[@eawtan]

Peer pressure is also an issue, imagine ex-classmate A just posted on social media about the recent great vacation to [some expensive place], unker jon is constantly on vacation in s.korea, neighbour just bought a new luxury car, the carpark is full of branded cars and we are the only kancil ...

[@corporatebreakoutcouple]

@@eawtan you're absolutely spot on. Especially with social media nowadays, peer pressure is at an all time high across generations

[@cherylhills3227]

Absolutely love it!!! I'll have to be financially stable in every sense before purchasing my first supercar. The best thing to do with your money is to invest rightly because money left saving will end up with no returns

[@georgeearling905]

No doubt being financially free and able to afford these luxuries cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.

[@christopherherbert2407]

you don't need that much, as long as you have 250k to 350k in cash, and earn at least 40k plus is fine. It not like you are going to pay the car off, get the car, drive it for a year or two then get something else. You don't need millions of manov to oniov nico thinnc.

[@V.stones]

Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive

[@Sanchyfab]

Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips

[@rodgertim2881]

@@Sanchyfab Please could you guide me on how to get in touch with your consultant? My funds are being eroded by inflation and seek a more lucrative investment strategy to effectively utilize before I consider retirement.

[@garyt7232]

I feel "wealthy" in that I have a loving family, a place to live, and enough food to eat. I have also been taught to live below my means. Appreciate the vlog.

[@corporatebreakoutcouple]

If only more people have your kind of education

[@dan7870]

Thanks for the reminders ! Logically we all know but sometimes the impulse of emotional buying gets the better of us. From a fellow Penang resident.

[@corporatebreakoutcouple]

Hello there! Thank you for watching our videos!

[@fireat40]

do not use emotion to make decisions. Ask practical questions. do I NEED it? Will I survive without it?

[@corporatebreakoutcouple]

@@fireat40 great questions to ask!

[@leeaaron7856]

I always believe having money will just amplify what you are as a person. So if you are a spender, having a million dollars will just make you spend more. If you are an investor, a million will allow you to make more by good investing. If you are a scammer, you can imagine what will be done to a million dollars. So, if a person is not doing good with money, don't become a millionaire. It will just bring this person deeper into what he/she really is.

[@corporatebreakoutcouple]

Wow we love this perspective. Thanks for sharing!

[@anthonyyeopk]

Money not enough.. payment by instalment. Motivated one to work harder while clearing debt.

[@corporatebreakoutcouple]

Work harder to clear debt, to go back into more debt

[@davidhamtaro]

Every Zimbabwean is at least 100 Trillion dollars rich. So jealous… 😬😬😬

[@corporatebreakoutcouple]

😁

[@user-pc4wb6md6p]

A very educational video, good job!!🫰🫰

[@corporatebreakoutcouple]

Thank you so much for watching!