How To Build Wealth As A Teenager (6 Tips)

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Nate O'Brien

Nate O'Brien

Күн бұрын

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@NateOBrien
@NateOBrien 4 жыл бұрын
Get a free stock when you open an Investment account on Robinhood (valued up to $214): nateobrien.com/Robinhood (offer subject to change, some restrictions apply. This is an affiliate link, meaning, at no additional cost to you, I may earn a commission if you click through and sign up for Robinhood. Affiliate commissions help fund videos like this one :)
@kankerdoodleb9149
@kankerdoodleb9149 4 жыл бұрын
pay attention to your health along the way, you'll save a lot of money living a healthy life style
@360.Tapestry
@360.Tapestry 4 жыл бұрын
medical bills and health problems are some of the most devastatingly expensive, not only in upfront cost but also opportunity cost - while you're making doctor visits or bedridden, you're missing out on doing things you enjoy. an ounce of prevention is worth a pound of cure
@10thejgm78
@10thejgm78 4 жыл бұрын
First step to financial freedom is discipline
@yassinebakhti5590
@yassinebakhti5590 4 жыл бұрын
100% agree!
@jamieshannon9809
@jamieshannon9809 4 жыл бұрын
@rainy skies It may appear to be free, but the costs have to be borne from somewhere and that is usually in the form of taxes.
@yamatocannon4856
@yamatocannon4856 4 жыл бұрын
My greatest blessing is how my mother was so insistant on living a healthy lifestyle. Definitely worth sacrificing a little now and pay off later.
@rl3938
@rl3938 4 жыл бұрын
My advice to younger people (if they were open to listen) would be 1.) Start saving right away with your first job, be consistent and don't touch it. The time goes faster than you think. 2.) Don't waste your money on stuff..I'm now in my 50's and realize I could have bought myself so much time with all the money I spent on stuff. 3.) Don't be in a hurry to have everything in your house that your parents do..it took them decades to get those things. A house will fill up quick enough. 4.) Live debt free. I hope someone somewhere will take at least one of these to heart and that it improves their lives!
@liriadjalves7056
@liriadjalves7056 4 жыл бұрын
Your 2nd point is critical. I'm only 27 and I can totally agree with you, today I look back and regret. But never too late to learn from our mistakes.
@user-nf7do1ck4z
@user-nf7do1ck4z 4 жыл бұрын
Thanks for your advice I’m 18 trying to sort out my life for my future
@santiagomorales5464
@santiagomorales5464 4 жыл бұрын
Thanks!
@Michael-kv5ff
@Michael-kv5ff 4 жыл бұрын
Yeah I'm 14 and already saves up 3k with no job while my sister spends every later dollar she has and them some
@conorburby9554
@conorburby9554 4 жыл бұрын
Lol well I’m only 15 which sucks cause I love learning abt all this but can’t do much. Also hard to stay away from the Shopify guys with ads on every video I watch. I have started a dividend investing acount and have about 2k in their so I will continue to build that and start saving for my first car. Thinking a Prius even tho so many people seem to hate them
@marcoinvesting5339
@marcoinvesting5339 4 жыл бұрын
I’m always amazed how Nate can talk so much in one take of the camera... talent
@NateOBrien
@NateOBrien 4 жыл бұрын
Thanks
@vincenttrovato
@vincenttrovato 4 жыл бұрын
Takes lots of practice I'm sure
@marcoinvesting5339
@marcoinvesting5339 4 жыл бұрын
@@vincenttrovato I've got to split up my video scripts in so many bits! It all makes sense after thanks to my editor :)
@Morty586
@Morty586 4 жыл бұрын
Not alot of people can do that
@rhonda2310
@rhonda2310 4 жыл бұрын
Rightt
@howardsanford1884
@howardsanford1884 4 жыл бұрын
I'm 60. I retired last year. I didn't start saving for retirement until I was 31. Nate hit the nail on the head: start saving as soon as you can.
@birbsandsports
@birbsandsports 4 жыл бұрын
do you feel starting at 31 was too late? When did you wish you could have started saving?
@piotrek4603
@piotrek4603 4 жыл бұрын
@@birbsandsports 18
@tanL22
@tanL22 4 жыл бұрын
@@birbsandsports As soon as you get your first job.
@howardsanford1884
@howardsanford1884 4 жыл бұрын
yes.I should have started much sooner, but I didn't make much money in my 20's. I didn't understand back then that a little money invested over 40 years can become quite a tidy sum. Starting in my 30's I had to contribute much more per paycheck to my 401k than I would have if I had started earlier.
@birbsandsports
@birbsandsports 4 жыл бұрын
@@howardsanford1884 Thank you for your reply. In your opinion, how much do you think you should have invested in your 401k/IRA by the time you turned 30 or 31?
@FinanceUnboxed
@FinanceUnboxed 4 жыл бұрын
If you're serious about wanting to invest as a teenager, a great use of your time is to learn how to read financial statements.
@smartinvestor2796
@smartinvestor2796 4 жыл бұрын
Best way to do it, agree!
@Spidr-Man
@Spidr-Man 4 жыл бұрын
Financial statements??
@FinanceUnboxed
@FinanceUnboxed 4 жыл бұрын
@@Spidr-Man profit & loss statement, balance sheet and cash flow statement 🙂
@toukun4163
@toukun4163 4 жыл бұрын
@@FinanceUnboxed how /where do i learn that? i read it in rich dad poor dad today ,but still tryna find a good way to learn it
@NielReitmann
@NielReitmann 4 жыл бұрын
@@toukun4163 you dont need to learn it, it is in most cases more effective to just dollar cost average into ETFs and blue chips.
@h.vargas1245
@h.vargas1245 4 жыл бұрын
currently 18 with an +11,000 + dividend portfolio. I spent a majority of my earlier teenage years researching and really learning about finances & investing, best of luck to everybody!
@jeffreysmith4586
@jeffreysmith4586 4 жыл бұрын
Just wait a few years and that $11,000 will be more like $15,000. Be smart and take some educated risks and you will be successful!
@teresalopes5460
@teresalopes5460 4 жыл бұрын
I am new in this area and I would love to share ideas and learn more
@h.vargas1245
@h.vargas1245 4 жыл бұрын
Jeffrey Smith the goal is to have the portfolio be at $15,000+ before the year ends, its looking real likely like its gonna happen!
@h.vargas1245
@h.vargas1245 4 жыл бұрын
teresa lopes sure thing teresa, are there any questions you have now? i also have my entire journey thus far on my channel as well, i think you’d find those videos useful as well
@aishachaudhry4728
@aishachaudhry4728 4 жыл бұрын
Ah man I admire you:)
@storiesbyisabel966
@storiesbyisabel966 4 жыл бұрын
Safe to say everyone wishes, that at 18, they had a Nate in their lives.
@giantduck64
@giantduck64 4 жыл бұрын
I do!!!
@mubarakahmad8936
@mubarakahmad8936 4 жыл бұрын
Me too. :)
@andonimendoza7278
@andonimendoza7278 4 жыл бұрын
And Graham Stephan :)
@cole1954
@cole1954 4 жыл бұрын
I’m 18 years young right now. Not sure what’s so important.
@farhanarahman9375
@farhanarahman9375 4 жыл бұрын
@@cole1954 lol same i'm 18 too but how can people get a job in this pandemic ?
@BiancaAguglia
@BiancaAguglia 4 жыл бұрын
I'm 43 years old and these are my pieces of advice: 1. remember that you're never wise enough: youth can learn from old age, old age can learn from youth. 😊 2. invest early. It helps build up your discipline. It teaches you to value long-term rewards over short-term satisfaction. 3. DO study the history of science. 😁I actually recommend studying history in general, but something more specific like the history of science is very useful also. It gives you a better understanding of the world and makes you a better critical thinker. Those skills will help you in all areas of life, including finance.
@jamieshannon9809
@jamieshannon9809 4 жыл бұрын
One of the best posts on any video I have seen on the internet. Especially No 2 which I have only NOW myself begin to understand. And I am a lot older than you.
@mariamhussein7162
@mariamhussein7162 4 жыл бұрын
Thank you for the advice I really appreciate it 😍
@BiancaAguglia
@BiancaAguglia 4 жыл бұрын
@@jamieshannon9809 and @Mariam Hussein Thank you. 🙂❤️
@migghzz
@migghzz 4 жыл бұрын
This is like. A gta glitch
@migghzz
@migghzz 4 жыл бұрын
Im offa tab
@FinancialShinanigan
@FinancialShinanigan 4 жыл бұрын
Who else considers Nate as a mentor? I offer my likes to you!
@edywellingon246
@edywellingon246 4 жыл бұрын
I’m only 14 but I’m seriously pushing to make it big
@iangrcia_
@iangrcia_ 4 жыл бұрын
Yeah same I’m 15 and I wanna start some business in e-commerce
@edywellingon246
@edywellingon246 4 жыл бұрын
Funn Zone best wishes ✊🏽‼️❤️
@smitgraal2884
@smitgraal2884 4 жыл бұрын
I'm 14 as well. Just watching for fun, seemed interesting as my sister is going off to college next year.
@Drlmob
@Drlmob 4 жыл бұрын
Same
@edywellingon246
@edywellingon246 4 жыл бұрын
Lmob I wish you luck ✊🏽❤️
@hslim6549
@hslim6549 4 жыл бұрын
Spend less, Save more, invest wisely, give to charity
@rabinovitch4629
@rabinovitch4629 4 жыл бұрын
And do all these things in BTC Life Global project. Really, pay attention to it. I'm already in and I have already earned some BTCs. )
@ChrisDAndrealifestyledesign
@ChrisDAndrealifestyledesign 4 жыл бұрын
Auditing your friend group and who you associate with is one of the most important things you can do! "You are the average of the 5 people you spend the most time with."
@andreakae4211
@andreakae4211 4 жыл бұрын
5 people?? Who are these party animals?
@ChrisDAndrealifestyledesign
@ChrisDAndrealifestyledesign 4 жыл бұрын
Mike Li that’s awesome to hear!
@ChrisDAndrealifestyledesign
@ChrisDAndrealifestyledesign 4 жыл бұрын
Andrea Kae LOL
@jonathanwang4919
@jonathanwang4919 4 жыл бұрын
I love how Nate doesn't sell any online courses. I really don't like it when people are already rich and they show how rich they are but then they want to charge you $400 for their course.
@kamprikorn
@kamprikorn 4 жыл бұрын
i think its a smart idea tbh. imagine you were in their shoes. wouldnt you wanna create a course that you share valuable knowledge to other people and make money off of it? sure i dont agree with the overly priced courses but i believe some are really valuable.
@skipperofschool8325
@skipperofschool8325 4 жыл бұрын
@@kamprikorn i agree with u
@10thejgm78
@10thejgm78 4 жыл бұрын
If they’re qualified and honest I don’t see the issue with charging $ fir an online course. Ur logic puzzles me
@10thejgm78
@10thejgm78 4 жыл бұрын
kameron holloway plus it’s not like anyone’s forcing anyone to buy it
@footballaustin55
@footballaustin55 4 жыл бұрын
@@10thejgm78 I agree, but even Graham Stephen has said that his courses are barely any % of his income. Energy better spent elsewhere unless you bang it out in a day.
@Cheyenne_GDA
@Cheyenne_GDA 4 жыл бұрын
It's soooo important to educate young people to make smart financial decisions! Great video :)
@moeedali1449
@moeedali1449 4 жыл бұрын
Unfortunately my school system (UK) is terrible! There's a big gap in the financial education section
@martinkosec
@martinkosec 4 жыл бұрын
@@moeedali1449 I dont think any school system teaches you about money, investing, finance, etc.
@martinkosec
@martinkosec 4 жыл бұрын
@@Zzzz-kq8cf everything below 20 or maybe 25
@special_spaces
@special_spaces 4 жыл бұрын
Smartest thing I did at 26 is sell my car and get a company car. I negotiated an increase at work, started freelancing and got even more side income and then bought my first investment property which (within 4 months) is almost entirely cash positive. The rent covers the bond, levies and rates. I just pay the insurance 🤷🏼‍♀️
@rabinovitch4629
@rabinovitch4629 4 жыл бұрын
OK, now please do another smart thing: take part in BTCLife project. )
@mattsmillennialmoney39
@mattsmillennialmoney39 4 жыл бұрын
LEARN SKILLS FROM A YOUNG AGE THAT PEOPLE WILL BE WILLING TO PAY YOU FOR !!!
@aisling8092
@aisling8092 4 жыл бұрын
MATT'S MILLENNIAL MONEY do you have any examples or tips, I’m on summer holiday now from school and would love to learn some valuable skills while in quarantine?
@edboss36
@edboss36 4 жыл бұрын
Like what?
@thesunnyguy12345
@thesunnyguy12345 4 жыл бұрын
ye wat
@acugnaa
@acugnaa 4 жыл бұрын
@@edboss36 Like knowing about basic electrical installations
@sergiogutierrez5185
@sergiogutierrez5185 4 жыл бұрын
Aisling Learn about programming. Highly recommended, you can build anything you imagine from scratch, including bussiness ideas of people and they are going to pay you for it.
@ThinkMoneyBenny
@ThinkMoneyBenny 4 жыл бұрын
my mentors are found here on youTube for FREE! 💯
@PeepIsAwesome
@PeepIsAwesome 4 жыл бұрын
just like father elon says, take advantage of youtube. you can learn literally anything for free
@jamesronaldo2855
@jamesronaldo2855 4 жыл бұрын
PeepHD who tf that
@rodrigoponcecortes5193
@rodrigoponcecortes5193 4 жыл бұрын
@@jamesronaldo2855 Elon musk
@motivationboost3342
@motivationboost3342 4 жыл бұрын
Mentors find you, you don't find them
@revolved0
@revolved0 4 жыл бұрын
Think Money I need some new KZbinrs to watch!! Can someone give me some names
@izcanordaz2766
@izcanordaz2766 4 жыл бұрын
The day I turned 18 I opened a Roth IRA, brokerage account, and high interest savings account. I’m currently up 23% on my investments, and saving 95% of my money. Nate O’Brien has served me well 🙏🏼
@h.vargas1245
@h.vargas1245 4 жыл бұрын
RESPECT, im glad things are going well financially for you bro, im currently 18 doing the same. best of luck to you
@Jessielopez
@Jessielopez 4 жыл бұрын
how did you open those? currently learning that as well!
@izcanordaz2766
@izcanordaz2766 4 жыл бұрын
Jessie Lopez Opened a Roth IRA through Vanguard. Brokerage through Robinhood. Savings account through Discover
@dot5816
@dot5816 4 жыл бұрын
@@izcanordaz2766 what's a brokreage? I'm trying to do all this as I just turned 18
@doncosmopolitan
@doncosmopolitan 4 жыл бұрын
@@dot5816 You need to research that yourself. Different brokers have different regulations and fees. Do the homework
@ishan4691
@ishan4691 4 жыл бұрын
I have been facing this problem since the lockdown started that i dont have any goal or passion , i'm doing my school work , attending online classes , i play games and have nothing else to do except these two things I don't know what to do in free time i dont have anything to do or even excited about so i end up wasting my time on KZbin and playing games. Any advice on how to find something you love or in other words how to find passion or goal that will motivate to do the work
@demon2279
@demon2279 4 жыл бұрын
Why is your comment is so relatable lol
@dot5816
@dot5816 4 жыл бұрын
@@demon2279 this is literally me right now
@gamingaddict7720
@gamingaddict7720 4 жыл бұрын
Wish i could give you an advice but i am facing similar problem :(
@h.vargas1245
@h.vargas1245 4 жыл бұрын
I think you need to find your drive bro. Take some time to think of what you want out of life, and really find what drives you. me personally, freedom & options are what I want out of life and my family are what drives me. as for passions, try stuff. If you find that you love playing video games, find a way to monetize that, etc. I love learning, talking about and progressing through the finance and investing game so I'm finding ways to monetize that (blogs, youtube, etc.) I hope this helps you guys, best of luck to you!
@ishan4691
@ishan4691 4 жыл бұрын
@@h.vargas1245 thanks mate i'll look forward to your advice
@TheGoat-qw6jb
@TheGoat-qw6jb 4 жыл бұрын
Started investing at 18 now I’m joining the Marines to stay debt free and I’m seeing the returns on my investments 🤩 Now I have 12k to my name it’s not much but I’m just starting ! 🙏🏽
@h.vargas1245
@h.vargas1245 4 жыл бұрын
that's so dope, i'm currently 18 with an $11,000+ dividend portfolio, and working on this youtube game. Im glad people my age are going after theirs. Stay safe, and i'm wishing you all the best bro
@NielReitmann
@NielReitmann 4 жыл бұрын
amazing! Keep grinding
@NielReitmann
@NielReitmann 4 жыл бұрын
@@h.vargas1245 do you require dividends income or do you just prefer it over capital growth portfolios?
@TheGoat-qw6jb
@TheGoat-qw6jb 4 жыл бұрын
Hugo Vargas just subbed to your channel bro! Best of luck, one question for you though what do you use to edit your videos on youtube? I want to do the same with finance and mix it with the military as well after bootcamp...
@h.vargas1245
@h.vargas1245 4 жыл бұрын
NielDoesStuff I invest for passive income, so i try to dictate my investments off of that, i personally invest into strong, stable, companies that happen to pay dividends as well, alot of my companies happen to be growth stocks as well
@jasminerangel6681
@jasminerangel6681 4 жыл бұрын
Nate thinks he isn’t entertaining ?:( stop that sir you’re appreciated
@arghirdaniel9538
@arghirdaniel9538 4 жыл бұрын
i smell simp girl
@ShareHumanity1
@ShareHumanity1 4 жыл бұрын
Hey this is so random but do you have insta?
@MMosM_
@MMosM_ 4 жыл бұрын
Warren Idacs lol u hungry
@ShareHumanity1
@ShareHumanity1 4 жыл бұрын
@@MMosM_ lmao hungry? ohh hhhhhloolololol i was
@MMosM_
@MMosM_ 3 жыл бұрын
@@D22KS aight u right. All bros united
@cazpk6840
@cazpk6840 4 жыл бұрын
I am 50 and definitely encourage young ones to save and invest asap ! Nobody taught me to do that and i encourage you to start young and dont waste your peak years at work. Also - learn some new skills and diversify your income. Never put all your eggs in just one basket.
@TheDiecastFanatic
@TheDiecastFanatic 4 жыл бұрын
Dont waste peak years at work? What do you mean? I need to make Money to invest Them afterwards?
@jamesfranco4480
@jamesfranco4480 4 жыл бұрын
I love how he genuinely just wants to give advice lmao like his vids are so simple and helpful I don't have to skip two minutes in the beginning just for him to get to the point and for the point to end up him trying to sell me something
@hansravelo3533
@hansravelo3533 4 жыл бұрын
"anybody who thinks they are still young" My Grandma: Count me in!
@rabinovitch4629
@rabinovitch4629 4 жыл бұрын
Excellent! )
@kathyclark3002
@kathyclark3002 3 жыл бұрын
Grandma Kathy here -- still feel young and learning from Nate too!
@FlightDeckGA
@FlightDeckGA 4 жыл бұрын
I really appreciate how you're videos aren't just trying to sell us something, rather genuine information. Thanks!
@NateOBrien
@NateOBrien 4 жыл бұрын
I will never sell anything. No need to
@chiefs816kc
@chiefs816kc 4 жыл бұрын
Please listen to this teens. I learned these tips in my late 20s and would have saved thousands if I knew this earlier.
@RhodesW
@RhodesW 4 жыл бұрын
Best financial decision I made at age 18 (aside from educating myself) was getting into tutoring. Learning how to market my skills to create resources for others - I would 100% recommend looking into private tutoring for all the students out there with something to teach!
@finalyfury7105
@finalyfury7105 4 жыл бұрын
I'm so happy you lade out the video like this straight to the point not like some others thanks
@Jesseg-rj6xf
@Jesseg-rj6xf 4 жыл бұрын
Tip #7: Stay single and focus on yourself.
@cupra2Jock.
@cupra2Jock. 4 жыл бұрын
Not necessarily, my girl wants me to succeed mate and would spend her last penny if it benefited me (not that id let her). Too many men fuckin about with girls who belong to the streets wasting there money and tryna impress with a 300 pond a month car on finance that they cant afford and so on.
@reebz182
@reebz182 4 жыл бұрын
Tip #7: if you’re going to not stay single find a girl that shares the same mindset, goals, and values as you or at minimum understands yours*******
@zaink7037
@zaink7037 4 жыл бұрын
@@cupra2Jock. I think it also comes down to other stuff. I'd plan to get married at around 27. I'm 22 at the moment not far to the end of my university course and start of the working life. I'm looking into property investment but the biggest thing is how much will I be earning in my first job as that will dictate how long it will take to save for a deposit. I think that if I did get married say at 23 I have to save for a wedding, house then pay a mortgage which will be taking most of my monthly wages. I do hope though to have a partner like yours though 😊
@jericmorales9346
@jericmorales9346 4 жыл бұрын
Before you even want a girlfriend you need to focus and find happiness in your life and when you've done that get a job get money then the girls will chase you
@nottristan1030
@nottristan1030 4 жыл бұрын
Yes Single. No kids. STRESS FREE
@CaseyBurnsInvesting
@CaseyBurnsInvesting 4 жыл бұрын
I really wish I would’ve asked the Internet how to be rich WAAAY earlier. The answer came immediately and I IMMEDIATELY started to invest, save, and increase my income producing skills. Love the message and the channel. Cheers from Seattle.
@jesse113553
@jesse113553 4 жыл бұрын
This is true haha. I came across it on the the Internet by CHANCE. I’m glad it happened.
@xokarlaflores
@xokarlaflores 4 жыл бұрын
Matt Welter Im also from Seattle! Jk! I’m from Yakima !! Go Seahawks
@meditationmorning7080
@meditationmorning7080 4 жыл бұрын
I just lost my job because of the pandemic, so I started a KZbin channel about Meditation. Wish me luck!!!❤❤
@officialnuela2886
@officialnuela2886 4 жыл бұрын
Good luck
@Seoko117
@Seoko117 4 жыл бұрын
Goodluck
@vidhichandrakar4453
@vidhichandrakar4453 4 жыл бұрын
Good luck
@NateOBrien
@NateOBrien 4 жыл бұрын
Comment a video that you want to see next! The comment with the most upvotes will get created next week!
@makwieli
@makwieli 4 жыл бұрын
Tips for e-commerce, how to attract customers, what to sell, something about marketing and things like that. Keep up the good job!
@juliewang6042
@juliewang6042 4 жыл бұрын
Sam Penney yeah Nate please do one on this
@swensunyaro2185
@swensunyaro2185 4 жыл бұрын
Invest in your rent? We have to do that in Switzerland
@anthonywilson37
@anthonywilson37 4 жыл бұрын
Nate, you sound like a Buffalonian! Are you from Upstate NY?
@themillennialmarket1941
@themillennialmarket1941 4 жыл бұрын
your stockmarket portfolio!
@sugarbear1846
@sugarbear1846 4 жыл бұрын
This video has a lot of value. Thanks! I learned a lot from this!
@EmmyHucker
@EmmyHucker 4 жыл бұрын
Thanks for making something for us teens :) Also Nate, your calm personality is great. Don't be harsh on yourself for not being super high energy and crazy
@h.vargas1245
@h.vargas1245 4 жыл бұрын
good to see other people in my age range getting after it, best of luck to you Emmy!
@FinancialBeanstalk
@FinancialBeanstalk 4 жыл бұрын
I WISH I had this video when I was younger. Seriously teenagers; listen up and you’ll be set!
@NateOBrien
@NateOBrien 4 жыл бұрын
Me too. Glad to see more financial videos on KZbin these days
@Nxrth2001
@Nxrth2001 4 жыл бұрын
I'm 18 right now, but other than the advice about getting a car, I can't implement anything else at the moment. I don't have any money of my own, my parents pay for everything I do, but I hope to be smart with my money
@tanL22
@tanL22 4 жыл бұрын
@@Nxrth2001 Get a job!
@Nxrth2001
@Nxrth2001 4 жыл бұрын
@@tanL22 It is a little different in my country. Nobody in my age group works unless you're really poor. I do work sometimes, photo editing-online. But that's measly pay. I don't have any other skills that I can do with a laptop, other than Photoshop, and I'm good with writing skills.
@monkeyexplosive4978
@monkeyexplosive4978 4 жыл бұрын
You forgot to mention the "Invest on yourself" sentence which is really profound, and about wisdom it helps
@johnstaffieri3764
@johnstaffieri3764 4 жыл бұрын
Make an video on your weekly expenses! - What do you actually spend your money on? How frugal are you?
@360.Tapestry
@360.Tapestry 4 жыл бұрын
when i was 18, nobody was making these kinds of videos. my parents are hard workers, but they have almost no money savvy. at least they have always been responsible spenders, which is something i picked up. i'm glad these videos are around for others who want to improve their financial situation
@h.vargas1245
@h.vargas1245 4 жыл бұрын
Kryptonite out parents taught us what they could, now its our turns to build that wealth and help our families as well. Best of luck!
@MoneyChasingYou
@MoneyChasingYou 4 жыл бұрын
Many gurus today selling you a $1,000 course, and you, Nate, you give all your tips and advices for free...Literally, you are the Anti-Guru...It will be interesting find a video talking about that...What do you think?
@danielshaikhali5108
@danielshaikhali5108 4 жыл бұрын
Ain’t for free technically he earns KZbin revenue but it’s very nice of him and i am grateful to him
@cicada3312
@cicada3312 4 жыл бұрын
1:26 i really love this one
@robertlara1246
@robertlara1246 4 жыл бұрын
1. Find a mentor 2. Developing your education
@Post4JM
@Post4JM Жыл бұрын
A great video for teenagers and young adults👍🏻👍🏻 It’s unfortunate we do not have finance education in high school.
@shiven6759
@shiven6759 4 жыл бұрын
hey man, you make really interesting and entertaining vids that help kids like me out, so don’t sell yourself short and keep doin what ur passionate about :)
@cartsoel9652
@cartsoel9652 3 жыл бұрын
Thanks for the information. I am 18 yrs and plan to take your advice seriously so I can provide a good comfortable life for myself. I am learning how to invest, save up money and I am learning valuable skills that will help later on in life. Cheers
@birbsandsports
@birbsandsports 4 жыл бұрын
3:20 "I'm 21, turning 22 next week, starting to feel old" Dude a lot of us would do anything to go back to your age lol.
@cardhoncho9878
@cardhoncho9878 4 жыл бұрын
Thank you Nate! I was praying a new video like this would come out soon by you! I just turned 18 fixing to be a freshman in college I want to start building wealth asap!
@Kc-gu5er
@Kc-gu5er 4 жыл бұрын
“How to work extremely hard as a teenager and put your future first”
@user-vj2ri1sk2o
@user-vj2ri1sk2o 4 жыл бұрын
Wow no ad in between the vid props to u man
@skb282
@skb282 4 жыл бұрын
You actually are entertaining in a subtle way I actually laughed many times throughout the video 😂
@xokarlaflores
@xokarlaflores 4 жыл бұрын
Especially how he keeps a straight face where as I’m over here laughing 😂
@aureliocosta2872
@aureliocosta2872 4 жыл бұрын
One of my familys favorite KZbinr. Hats off to you mate
@faisalmasood-medicalstuden1936
@faisalmasood-medicalstuden1936 4 жыл бұрын
You've been a great inspiration to learn from, Nate! As someone who's about the same age as you, I'm proud to have set myself on the road to financial freedom as well. Thanks for always keeping it real, man! Great stuff.
@jeniferly939
@jeniferly939 4 жыл бұрын
0:16 He's self- aware and honest! That's enough to be a good youtuber!
@FreeyourFinance
@FreeyourFinance 4 жыл бұрын
Such vital points Nate! I wish I had learned this when I was 18! Instead I was closer to 30. This is going to change people’s life’s, well done mate!
@merychippus
@merychippus 4 жыл бұрын
I’m learning this at age 14.
@astarrsju
@astarrsju 2 жыл бұрын
Start investing now... Compounding gains are magic. Also... If you have an HSA there is an investment component to many of them... I wish I knew this a long time ago.
@Marinepartsystem
@Marinepartsystem 4 жыл бұрын
Im 20, have a €15k investment account, a €6k emergency fund. No debt. So I’m ok I hope!
@dot5816
@dot5816 4 жыл бұрын
Any tips for someone who has no experience investing in anything whatsoever?
@rabinovitch4629
@rabinovitch4629 4 жыл бұрын
@@dot5816 Sure. Use your chance which BTCLife Global gives you.
@wastelandamvs9530
@wastelandamvs9530 4 жыл бұрын
@@dot5816 read, learn, try and error. I'm the same as you but from reading the comments I've learned "read, learn and try & error"
@victorcorralesmedrano4974
@victorcorralesmedrano4974 4 жыл бұрын
I like how you go straight to the point. You don't make me waste my time
@salmamusdaf7575
@salmamusdaf7575 4 жыл бұрын
"anybody who likes to think they are young" that sentence made me laugh Soo hard😂😂😂😂😂😂😂
@NateOBrien
@NateOBrien 4 жыл бұрын
Hey age is just a number
@atlanticapacificaofficial
@atlanticapacificaofficial 4 жыл бұрын
I’m NEVER “growing” up. It’s a waste of time!
@ArthurShelby-PB
@ArthurShelby-PB 4 жыл бұрын
Nate O'Brien - that doesn’t go down well in some contexts lmao
@STLYRZA
@STLYRZA 4 жыл бұрын
Arthur Shelby 😂😂😂
@marthaperez5366
@marthaperez5366 4 жыл бұрын
@@NateOBrien ❤
@rajeshchaitoo3391
@rajeshchaitoo3391 4 жыл бұрын
Thank you Nate. You are an excellent role model for young people to follow.
@EmanuelRoro
@EmanuelRoro 4 жыл бұрын
Great video some good wisdom for young and adult guys. Keep it up
@jusandragoh98
@jusandragoh98 4 жыл бұрын
Awesome tips. I am the same age as you but wow the knowledge you have is on the next level.
@Natharreola
@Natharreola 4 жыл бұрын
I do agree with a lot of these as a 24 year old guy. Last year, I've tried investing too but I realized that the profit I'll gain is not that much. For example, 1-2% interest rate is not enough, if you're investing 10k. This would end up 1k in a year but I think, it's better if my investments would be bigger then so the ROI would be bigger too, just like what he had explained. Not having a car saves a lot of money as well. I have a brother who had a car and most of the time, he borrows money to pay for it's monthly dues and I don't think that's good in a long term. Finding a good mentor is a great investment on yourself too. I kind of having a hard time on this one because I'm shy mostly to older people but, I'm trying to be more sociable these days in able to find one. Insurance plans were good too, you know at this time, you should start to save one for your future too. Insurance plans guarantee you money wether you get sick or you get to an accident, you'll get money. Just be sure you read all the terms and agreements before you sign one. I have finished college with a degree I am really interested on. Usually, when you hear a graduate of Architecture you would say they earn a lot but, no, in third world countries, architect's salary is much like the head staff position's salary. Now, during this quarantine I'm trying to learn to cook, bake and start a business. Best way is to be equipped with a lot of skills and knowledge. You know it's really amazing I found this video with a man younger than I am. Go Gen Z!
@midtownjohn
@midtownjohn 4 жыл бұрын
You are very articulate and have a great speaking voice. You should have a podcast.
@ivanajo2884
@ivanajo2884 4 жыл бұрын
Oh, and thank you about "Car-talk". I needed it.
@NateOBrien
@NateOBrien 4 жыл бұрын
Good luck!
@joseantoniohidalgovega7485
@joseantoniohidalgovega7485 3 жыл бұрын
Bible, the best video of all time for a teenager (17 y/o) who is in love with financial freedom. I was going nuts these days trying to find ways at 17 to be already rich at 20... it takes time and patience. I realized that I don’t like stuff that promises you a lot of money like Shopify or drops shipping, I don’t believe in getting money easy or quick, I believe that success takes time, but that is not an excuse for not doing anything, you have to be active but patient. Frame my words!
@MRZEROTOINFINITY
@MRZEROTOINFINITY 4 жыл бұрын
In my opinion, building wealth in the stock market is one of the easiest methods for any young investors out there! Earn...Save...Invest...Repeat! 🚀📈 ☝️😎👍
@davegomez4200
@davegomez4200 4 жыл бұрын
Your an amazing educator man, keep up the amazing work!
@jaydenlloyd8912
@jaydenlloyd8912 4 жыл бұрын
As a 16 year old I definitely needed to see this video!
@h.vargas1245
@h.vargas1245 4 жыл бұрын
trust me bro, the earlier you start to learn about personal finance/investing, the better off you'll be. I started around your age, fast forward a couple of years and im 18 with a portfolio that's about to reach 12k, best of luck bro!
@metagirl2573
@metagirl2573 4 жыл бұрын
You’re so real Nate! I will always support your content
@ld6336
@ld6336 4 жыл бұрын
I wish I would have started at 18, brb sending this to my younger self
@antwuntrademark
@antwuntrademark 4 жыл бұрын
Start right now
@mohammadsalameh4075
@mohammadsalameh4075 4 жыл бұрын
Don't wish. Instead start executing.
@sharonyohannan199
@sharonyohannan199 4 жыл бұрын
The best time to plant a tree was twenty years ago,The second best time is now. - Chinese Proverb
@aliciascott7244
@aliciascott7244 4 жыл бұрын
This was so good! I just turned 21, and it was awesome to be reminded that upskilling and educating myself is a really valuable investment of my time at this age.
@wastelandamvs9530
@wastelandamvs9530 4 жыл бұрын
also make a lot of connections ( friends), could be helpful when you start a business
@Illsverront
@Illsverront 4 жыл бұрын
I’m selecting you and my farther as my mentors. You gained a sub.
@finalyfury7105
@finalyfury7105 4 жыл бұрын
I'm 13 and I'm glad I know this for my future
@Daintyfaw
@Daintyfaw 4 жыл бұрын
that is great i am 14
@yuanlyu689
@yuanlyu689 4 жыл бұрын
Suddenly get a feeling at 5:28 that I will meet you in person one day. (Thanks Nate, really enjoy your videos.)
@connor4229
@connor4229 4 жыл бұрын
The Most important outcome of the video: DONT FOCUS SOLELY ON INVESTING- meaning, focus on increasing your income/ education, and taking this increased income and invest this. This is most important when you are young due to compound interest!
@h.vargas1245
@h.vargas1245 4 жыл бұрын
I agree Connor, investing is one side of the battle, money management, protecting it once it starts to grow etc. is a whooole other type of battle
@AnasaktSadhak
@AnasaktSadhak 4 жыл бұрын
I am 32, but all your advice still works for me. The idea of not buying a car, really clicked me so well, as lately I had been in conflict to buy or not to buy. Thank you for sharing your words of wisdom. :)
@B2Bloodsplosion
@B2Bloodsplosion 4 жыл бұрын
nate: i don't even know if i'm gonna make it to my 60's. you good bro?
@KnightFlesh
@KnightFlesh 4 жыл бұрын
Do not be afraid as a young person to live far below your means. I have lived in two different travel trailers at two different times in my life. Both times people told me I was crazy, then when they realized I was paying less than 300 dollars a month for an RV spot with all utilities included, they realized it was a pretty smart move. Travel trailers are far more affordable than a "tiny house" and is essentially the same thing. I realize that a travel trailer does not hold its value nearly as well as a stick built tiny house would. But if you can buy a useable, cheap and road worthy trailer. Most of the time you can live in an RV park or at a friends place for very cheap. Most RV parks offer a lower price if you tell them you want to pay monthly. Do not be afraid of what people will think of you by doing this. The point of it is to save money, still live comfortably, and have a home for yourself that you own. The point is not to "impress" people. Also I completely agree with you Nate, I have never owned a "new" car. I do own cars but because I need to for work. But I never have a car payment hanging out over my head. You can always buy a perfectly useable used car!
@jakwanahmed8222
@jakwanahmed8222 4 жыл бұрын
I am a graphic designer working and learning since 3 years. Recently I joined fiverr and completed 3 orders. 😊
@sergioastorga9854
@sergioastorga9854 4 жыл бұрын
Community developers are amazing mentors because of there insights on the community and connections
@ChrisVincelli
@ChrisVincelli 4 жыл бұрын
The great thing about CAPITALISM is that with hard work, brains and perseverance, you can build wealth at ANY AGE!!!
@asielmilian38
@asielmilian38 4 жыл бұрын
Kinda true.
@aL3CnR
@aL3CnR 4 жыл бұрын
your tip #1: i'm sure you said it before & i did it a year ago, it helped me a lot, i started a small business (charcoal selling) & i worked almost for free for a more successful business in another area that also sells charcoal. i found a lot of value that would probably cost me a lot of money & time and learn. i gotta thank you for that fella :D
@sharonyohannan199
@sharonyohannan199 4 жыл бұрын
Those 46 dislikes where looking for a quick rich scheme😂
@royjaber571
@royjaber571 4 жыл бұрын
They'll never find one tho😂
@rabinovitch4629
@rabinovitch4629 4 жыл бұрын
@@royjaber571 Probably they will, who knows... Nothing is impossible...
@royjaber571
@royjaber571 4 жыл бұрын
@@rabinovitch4629 if they find a legit one they should let us know
@jackharper8370
@jackharper8370 4 жыл бұрын
Well I’m old but I do like your stuff and your young perspective and your info is solid. And I’m trying to get my sons to watch you.
@Nxrth2001
@Nxrth2001 4 жыл бұрын
Also Nate, the car advice works for me. I live downtown in my city, and everything is really well connected by a train network. Im old enough to drive now, but I'd rather use the money for my college :)
@MarcJent
@MarcJent 4 жыл бұрын
Can you make 2 videoes why collige is worth it and one that why collage isn't worth it I think it's a good idea
@vksrinu
@vksrinu 4 жыл бұрын
I'm 13 years old and watching
@GabrielTonach
@GabrielTonach 4 жыл бұрын
Regards from UK, thanks for your videos mate
@wifeye
@wifeye 4 жыл бұрын
You always hear people say they wish they started putting away and investing money when they were 21-22. So why no start when you’re 17-18?
@dnm9931
@dnm9931 4 жыл бұрын
Nate's dark humour😭>>>> Love from the UK♥️♥️
@dancesbyk251
@dancesbyk251 4 жыл бұрын
I’ve been watching a lot of your videos since quarantine & you’ve inspired me a lot!! (This video is especially useful cos I’m 18 haha) thanks for producing quality content - keep going! 💪
@h.vargas1245
@h.vargas1245 4 жыл бұрын
keep researching and keep learning Kelly, promise its worth it, im 18 as well with a dividend portfolio worth over $11K, im glad theres other people in my age range getting after it as well, best of luck to you!
@dancesbyk251
@dancesbyk251 4 жыл бұрын
Hugo Vargas wow! that’s amazing 🤩 best of luck to you too! 😊
@ssdskully
@ssdskully 4 жыл бұрын
That car tip is the best tip for a teenager/ young adult. I use the extra time to read books and the extra money to pay off debts and invest.
@RealLifeMoney
@RealLifeMoney 4 жыл бұрын
Starting anything early is the way to go! And keep doing it consistently! Helped me grow to 6 figures so I’m glad I did 😄👍
@vicentej1712
@vicentej1712 4 жыл бұрын
Reading and while watching your video give me motivation thanks😍
@hanamebarki
@hanamebarki 4 жыл бұрын
I love you🙂😂you're such a great model of success I wish you more and more in the soonest future^^
@stevenpintograca3684
@stevenpintograca3684 4 жыл бұрын
It's lit, that you get straight to the point 💪🏽
@aaronn7562
@aaronn7562 4 жыл бұрын
the 40-year-old man at the playground is always interested in being my friend
@wastelandamvs9530
@wastelandamvs9530 4 жыл бұрын
is he financially stable? if so go for it. learn from every source ( the old) in your case
@zeoberlerb6371
@zeoberlerb6371 4 жыл бұрын
Wasteland AMVs r/whooosh
@steveyousif6037
@steveyousif6037 4 жыл бұрын
I was just about to get a car than i saw this and was like this is a sign it can wait til the end of the summer
@ideahombremusic
@ideahombremusic 4 жыл бұрын
"The greatest artists like Dylan, Picasso and Newton risked failure. And if we want to be great, we’ve got to risk it too." - Steve Jobs
@maria_exe
@maria_exe 4 жыл бұрын
somebody PLEASE tell me why i immidietly thought of DylanisinTrouble
@HaydnDavies22
@HaydnDavies22 4 жыл бұрын
Came across ur channel recently and ur one of the realest of all of these channels to help make money u give tips for the sake of helping others rather than selling a course or talking about dropshipping etc
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