How To Get Rich With A Low Salary | How To Get Rich From Nothing

[@modernadulting6857]

It's not how much money you make. It's how much money you keep

[@wrestlingawesome4006]

Not really If you don't make enough money to invest then simply put, you can not invest. If you keep on keeping money, what exaxtly are you investing if you're on such a low income?

[@worldoffights5804]

WRESTLING AWESOME stocks!

[@barrywainwright3391]

Also pay yourself first. Save and invest at least 10% of what you make. If you can't live on 90% of what you make then you are doing something wrong. Live below your means.

[@epbrown01]

Instead of side hustles I just do overtime. One day of OT every other week adds about $5000/year to my portfolio, so over 5 years that was an extra $25k on top of what I'm saving.

[@ajh.4131]

Thanks for making a video on this topic. Like many people, I’m considered low income. I’m confident it won’t always be this way but it’s still nice to know there’s hope. I’m already doing most of the steps that we’re mentioned. I just have to start investing. I’m 31 years old so I still have time on my side. I don’t want to make the same financial mistakes my mother made and I feel like I’m on the right track to a better future 👍🏾

[@syebethel]

1. Start your wealth journey now 2. Understand living frugally can be enjoyable 3. Set smart goals 4. Build and stick to your budget 5. Eliminate high-interest debt A. Quit adding more debt B. Be realistic with your income & spending C. Decrease your spending & expenses D. Make more money E. Pay more than the minimum 6. Start investing 7. Supplement your salary

[@jeremiahandrew9188]

Thanks much. Much love

[@abdulfatahahmed6209]

Thank u very much

[@davidsdinero]

Couldn't agree more! A person with a low-income that takes advantage of compound interests at a younger age is in a better position than someone who has a higher income but isn't good at managing their money!🙌

[@BrokeManFinance]

The beauty of compound interest!!!!

[@bigj9503]

here at 14 so i dont learn money mistakes the hard way lol thx

[@ashfiyasharin9268]

Your dp is nice! I love tigers!

[@denisplouffe514]

I can’t agree with you more. I started when I was in my early twenties as a teacher and the economic up and downs, SMART goals helped me achieve my goals. Very sound concepts for the average person. Thank you and I hope people will apply your instructions.

[@BrokeManFinance]

SMART goals is def the key.

[@kristinedepaz6243]

When my employer paid my salary 20% ill put on my investment in our govt fund which lock for 5yrs earning dividends ill choose compounding interest means my dividend also compounded after 5yrs ill planning to roll it over again for another 5yrs and ill invedt also for pre retirement And some of part of my salary goes to my savings bank and 10% goes to my piggy bank for planning to buy another foreclosed property and the rest expenses and send money to help my parents in Phillipines im working abroad this is my routine everytime ill recieved my salary live with your means and debt free and ill practice Keikebo ill write down all my expenses and where do i put my money ill save first before spending my goal is to be financially freedom thnk u love ur channel ❤❤❤❤❤❤

[@benpainter6874]

I want dividends too. Show me how.

[@besgordon]

I have made so many mistakes. I am 49 and live in a country that is considered third world, but I honestly believe I can bounce back. My brother offered me a place to stay so I will be doing that for the next 3 to 6 months. I have started investing, but I want to increase the portion I invest and so I am learning to be frugal and starting a side hustle. I sold my car which was my biggest debt. I am almost debt free and my goal was to be debt free by my 50th birthday next year. I cancelled the 2 credit cards I have. Learning to spend less. I have built a minimal wardrobe because I no longer see the point of having clothes I am not wearing. Thank you for this video...very encouraging 🙌

[@adamdelduca2064]

I think you can become rich on a low salary if you invest properly!

[@BrokeManFinance]

Your 100% right.

[@dreameryoung38]

It's so true

[@oluronke9736]

Yes, I agree am a low income earner but I try to save and I have invested my savings. My plan is to keep rolling it over till it gets big and I started a blog mofeyi.wordpress.com as side hustle thou am yet to make money from it but still pushing

[@layoutarchitect]

What do you invest in instead of stocks?

[@TCTALKSTCFITNESS]

💯💯📈

[@goranstarcevic9146]

Invest in yourself and your education (doesn't have to be college). Read books specific to the job you currently have or job/business you want to have. This will help you to become the top 5%, and later the top 1% in the job you currently hold. Make top people in your department notice you by being the best. Be informative, creative, and resourceful. You will gain a lot of useful information from non fiction books. This will get you promoted. Once promoted, read more books on your new job position and get to top 1% again. You only need to read around 15-20 books to be in top 1%. Good Luck!

[@nick5141995]

15 books is nothing. Most people don’t read even 1 book per year though. “Those who DON’T read are no better off than those who CAN’T read.” There’s no reason someone can’t read one book every week if they’re serious. I gain so much insight from reading 1-2 books every week.

[@kevindudson2344]

Like Earl the Parking lot attendant that build a $500,000 nest egg.

[@kevindudson2344]

kzbin.info/www/bejne/sIO0Y5pqhtGpapY here is his story

[@coltshaw4558]

Thanks betterment boss!!! Your really helping me and expanding my knowledge !!! Thanks for all the help! I enjoy all your videos!

[@danilodiaz2071]

I’m debt free. But my salary is so low. I can only invest $40 a month. I hope I can find a way to increase my income.

[@Noname-dr1jm]

My opinion, try to find another job that pays more than u earn right now🤔 atleast u need to save 5k-6k per year...

[@charithsuminda123]

I m not too sure with this strategy i think need to buy more assets that produce cash flow pay in less taxes. Use of OPM and OPT is the key

[@PinkMass37]

My only issue is with investing. The assumption behind the compounded interest is that it will remain the same every year. But the reality is that this is not true regarding the stock market. More importantly, one must make sure to reduce their losses. This is because if one has to remain on track for its desired return, s/he has to take into account how much gain must offset the loss. For instance, a 10%-loss must be offset by a 11.11%-loss just to break even. So it is important to stress that while investing offers the opportunity to earn greater returns than saving money in a bank or any other financial institutions, it also comes with greater losses. Hence, it is important to have a risk management strategy.

[@charlesg7926]

The 10% average yearly return is an average. So if you’re going to have a year with a 0%, on average, you’re going to have a year with 20% return.

[@adeli979]

With investing I think it’s possible!

[@Nice-ok4pt]

...but you might lose money with investments I lost 600$ by investing which is a lesson to invest smartly

[@assmyth]

RealToastyBread can you share your experience? Where did you invest and in what?

[@maximhollandnederlandthene7640]

Invest in knowledge.

[@peterfallon4018]

The 10% to charity you’ll receive back many fold, likely in ‘hidden’ advantages/opps Investing? Vanguard ETF’s (

[@TheSushiandme]

It is hard to have a fun life when all my money goes to investments. 66% of it... after rent, bills, insurance, food.

[@adrianwilson1817]

This video is so accurate.💯👏

[@TheFinancialWorkout]

With compound interest, time is literally money. Great video!

[@kaycollins7684]

So true!!!

[@foreigncontaminant2015]

Being in any debt is like having a deposit with negative interest. Keeping cash is STILL like that, because of inflation. Even trailing the inflation rate by 1% with conservative investments helps preserve your savings' purchasing power in a meaningful way.

[@PassiveIncomeTom]

*I think everyone should invest 1st, and then pay the bills.* 😉

[@sgist7824]

Definitely pay yourself first

[@arleneaugustahair8393]

Nah! In my household these bills will always get paid 1st. I don’t play games with bills or budgeting. It drives my husband crazy, especially when I tell him there are no feelings in business.

[@TCTALKSTCFITNESS]

💯💯

[@Talkinglife]

Those who earn lower salary need diligence in their journey to financial independence: Those with lower salary need to start as early as possible to save money and investing Low salary earners need to be frugal but does not need to be boring in the process One way to achieving your goals is to set smart specific goals.. As a low income earner you will have to do more careful budgeting unlike the high income earners

[@exposingproxystalkingorgan4164]

This knowledge is very helpful. 👍

[@mouadhgharfara5338]

Thank you for sharing this video with us is great review I 💕 it is helpful and interested video keep working on I enjoyed it he has a lot of information about How To Get Rich 🤑 good work 😊

[@jeanalexandre1105]

It's not how much you know it's what you do with what you know that counts.

[@wrestlingawesome4006]

Best comment 👍

[@barrywainwright3391]

Also pay yourself first. Save and invest at least 10% of what you make. If you can't live on 90% of what you make then you are doing something wrong. Live below your means

[@goldenbs3018]

The richest man in babylone

[@loveandparty4118]

Wow this video makes it sound so easy...

[@mdep71]

Excellent video, i use index funds with vanguard with low cost and use the KISS financial rule (Keep It Simple Stupid)😁😁😁

[@FightNewsYT]

Great content! Maybe i'll add that in my VIDS. 💪🏻

[@mkj9670]

Thanks for this video. Encouraging and refreshing, always.

[@rentospropertymanagementso4895]

Savings are as important as earning. Thank you for the video.

[@dreameryoung38]

Young people having a budget helps but beware of relationships this can affect you to

[@Noname-dr1jm]

True...its part of the sacrifice need to be done..

[@razrsliq7623]

It's so easy to say we should invest but in my country it's hard to trust people and how do we know what is safe to invest in.

[@privatejapan5599]

You can invest in the stock market. You don’t have to invest in real estate or in investments you are not sure about. 😀

[@nate2nice101]

This video is super helpful thank you!

[@naturescritter4691]

Watching Netflix isn’t free, it costs money for the sub

[@dapeace316]

But, still far less expensive than going out every weekend or multiple times a week for movies, dinner, games, etc.

[@galeretacco8537]

Great info as usual

[@KPad87]

Investing is the secret to success

[@rodneywright1479]

Thank You

[@michaelgardner5687]

Time really is money

[@colinchandler6516]

thank you

[@PastelAfroMetalhead]

I'm 20 and don't have debt(1999)

[@jdnrotterdam2150]

I don’t have a big salary. Not even close. But i’m good with money. My job gives 0,19 per km for driving from my home to my job. Most working man there drive a nice car but i drive a 2012 prius for 3 years now ( it was my fathers car) and drive it eco and always the speedlimit. It’s 20 km to my work so 40 km a day. 0.19 cent per km. Last year i bought my self a big old ugly cheap house. I stripped and rebuild it myself with some family ( no company used) i made a good profit. We not live big don’t going to restaurants and hotels or weekend trips every week or month also not use the car when we don’t have to. With grocery’s we looking for the deals and don’t but things if we don’t really need it. Saving all the money what we didn’t use that month in a bank account we don’t use.. and here you go. Live that way for 10 years and your good.

[@jdnrotterdam2150]

Bit having a goal to buy something can motivating you to keep doing it. My motivation is to buy a tesla one day

[@Dhowse10]

At my age I know don’t make a different how can you help me who have no idea where to start on living a better life

[@phindilencane5534]

This is so true, how do I start and where do I start?? I'm so deep in debts and don't even have a plan....please help.

[@mdep71]

If you have debts then follow the Dave Ramsey baby steps. Worked for me 👍👍👍

[@WealthCreationGuru]

building foundation

[@tinytales.productions]

Awesome video man. Which animation software is this?

[@tinytales.productions]

@@bettermentboss thnx man

[@maximhollandnederlandthene7640]

Don't get married or you won't get rich with low income.

[@maximhollandnederlandthene7640]

@@bettermentboss It's a fact, You won't get rich or you will loose al money !

[@waynekendrick6379]

Ok,here I am,where do I start?

[@wrestlingawesome4006]

Have a vision of what you want and have a vision of every small step which will help you get there.

[@peterfallon4018]

Read ‘The Richest Man in Babylon’.. 70% living expenses, 10% active capital, 10% passive capital, 10% charity.

[@TastyIslandCrate]

yessss

[@pallasathena1555]

Did you base the parents at the start on a retired Phillip and Julia?

[@epbrown01]

@@bettermentboss The host of a financial education channel called Two Cents. Philip is a tall guy with a mustache, Julia is his very short wife (she stands on a box for their videos). I watch their channel too and the animated characters resemble them a little. Funny coincidence.

[@Foodieguy257]

ME

[@stanacarman9518]

"ME"

[@calvinemoji4259]

You really uncourage I pray for everyone to succed if you read this be successful your pocket will always be full everyone will be rich in Jesus name amen

[@numidian5406]

Don’t get married until you’re established…

[@enigmathegrayman2953]

Look up Earl Crowley.........YOU’RE WELCOME 👍🏿

[@valeri09able]

“me”

[@mairiiiin]

Me!

[@zipporahoendo4246]

me

[@TheaSan]

Me

[@Michael-gh5ys]

THe answer is you cant.

[@wrestlingawesome4006]

Because if you're poor and you don't have the money you can't invest. If you're young and don't have a good job then you have no money to invest. At the end of the day not even all the videos in the world can help. Videos are good for the rich, only information on how rich get richer for the poor.

[@wallstreetbravado346]

Hey!!! I like your channel. It is content rich. Keep making informative videos. ▶️📺🎥🙌🏽💥 #WallStreetBravado

[@kathleenanncampanano8876]

Me👍👍👍

[@evelynmata6204]

😍😍😍😍😍

[@notawab8720]

MEEE

[@suriyakala4962]

Me

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[@departfromevil2000]

Me

[@paperchasestudios3108]

Me

[@joshuapeters567]

Me

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Me

[@Americanu8888]

ME