8 Money Habits That Keep You Poor (STOP SELF SABOTAGE)

[@itsrosehan]

Hi everyone 🖤 Do you recognize yourself doing any of these money habits? Let me know! And please show me some love in the comments... for the KZbin algorithm 😎

[@Hangstaz]

Yes, you are right! I do have these bad habits also. Better to know your priorities than look rich, lol.

[@yodhangzien]

My bills to high can’t save

[@theBSisreal]

I had to learn everything the hard way but I learned. I started with a spreadsheet listing all of my expenses subtracting from my paycheck. I turned off some services, and stopped buying lunch. I was wasting a lot of money at happy hour and hanging out which I cut back on big time. I increased my Roth contributions and picked up a side hustle which I use to invest. Paying yourself first works, I watch these videos to keep myself inspired and stay on the path.

[@highlifeswisher]

I’m not ready to invest yet. I’m still in Baby Step #2

[@itsrosehan]

jazzyjerome yessssss get it Jerome 💪🏼

[@IshaMar]

I’d rather have $1000 in a $10 purse than $10 in a $1000 purse.... great tips

[@cristofergamez327]

Very smart way of thinking. I’d rather have $1010 and no purse.

[@IshaMar]

Cristofer Gamez even better 😊!!

[@cathleensmith4717]

$1,000,000.00 and a plastic grocery bag😆!

[@brunofbneto]

@@cristofergamez327 you are living in 2200

[@lillylu2065]

So, why would I want to rock a cheap bag just to save money?!? What are you working and saving money for, to rock a cheap bag?!?! I understand saving money BUT, to horde it and live a cheap low quality life is not the way to go in my opinions. BUT, I understand, we all have opinions right?

[@sheenag1822]

"Treat saving money as a bill." This truly resonates with me.

[@wonderxses]

That is how I do it (age 28) and with that mindset I got credit worthy (you should have 15-20% of the house price in your bank) in Germany and now I own my house. That is not about braggin it is about when you have the options and grow up living in middle class it is possible.

[@MrProfessional777]

Gotta pay yourself first... First "bill" I pay is to my savings account.

[@constantinelianos9766]

#1 - Paying yourself last (1:00) #2 - Keeping up with friends that have expensive taste (3:07) #3 - Overusing your credit card because of points/rewards (5:12) #4 - Having disorganized finances (7:07) #5 - Getting too comfortable with debt (9:35) #6 - Paying extra due to lack of planning (11:26) #7 - Paying too much in taxes (12:40) #8 - Waiting too long to start investing (13:35)

[@loangxuong9863]

#4 just use a pen and a note book. All the numbers will stick in your head better if you write it down yourself.

[@maryanne2025]

thank you

[@jimmcbride1626]

Thank you for doing this list.

[@Valporite]

Thanks mate!

[@annmariemarin5513]

Thank you!!!!

[@tylerpilgrim9348]

Pay yourself first, I can't believe how simple yet profound of a statement this is, I never for a second thought I was paying myself last, however in hindsight it was so obvious😲

[@sue2803]

"If they're your friends they will understand". Absolutely true. Watch some disappear so quick when you can't do what they do. A blessing in disguise really

[@bishop51807]

True, but don't reject their invitation all the time. You should to put away a meager budget to have fun for your well being. otherwise you'll go crazy, and might overspend on something stupid.

[@jt_rooster3228]

How can you honestly make friends with those who are part of a 9 to 5 pyramid scheme? They're nothing but bots.

[@shinjid3705]

@@bishop51807 dont try a lifestyle u can't afford. Ppl often care about status than anything else so even if they go broke they would further spend money cause they want ppl to notice how "wealthy" and trendy they are

[@sopascat7]

… Fake friends are like stray cats. Once the cat lady stops feeding them, they no longer come around.

[@JoseLopez-fe9er]

If they don’t pay your bills, they don’t matter!

[@lucasharten6913]

Honestly I felt that when you said making more isn’t always the answer. Back when I was making $1600/month I’d live pay cheque to pay cheque. Now I make over $7000/month and my bills are just over $4000/month and I spend over $2000/month on random shit like fast food or Starbucks or Amazon. You need to kick the habits, or they just expand with your income.

[@happycook6737]

You are SO right!!! Most rich people I know are very tight with their money and pinch pennies until they scream. 🤑🤣

[@swolfe9668]

how are your bills 4000 a month you need to cut back and you'd have more money

[@daltonoakleyjr391]

@@swolfe9668 I figure they talking about rent /mortgage that can be 2000 and then some . Then there’s utilities, groceries , cell phone bills , daycare if they have kids , car payments , gas , and car insurance

[@timbawangu3038]

True

[@timbawangu3038]

@@happycook6737 penny's feeling the pinch🤣🤣🤣🤣

[@Swiftie4life317]

1. Paying yourself last. 2. Trying to keep up with friends with expensive taste. 3. Putting everything on your credit card for “rewards”. 4. Having disorganized finances. 5. Getting too comfortable with debt. 6. Paying extra due to lack of planning. 7. Paying too much on taxes. 8. Waiting too long to start investing. Roughly-- but listen to her, she explains these well.

[@IllinoisTrafficAttorney]

Not all heroes wear capes but good on you for also giving the recommendation to listen despite summing up the list!

[@frankgatsbybeats3999]

These are always the best comments in any video. Thank you🙏

[@charliecharlie9984]

You're the real MVP

[@helened6896]

Thank you!!! Very appreciated.

[@whoeverwhoever400]

I always pay myself first. which is why on the paycheck day, i buy myself some nice clothes and sh%3 then the bottom half go to bills.

[@DasonDuarte]

There's a book called Hidden Time Wealth, and it talks about how using some secret techniques, you can overcome procrastination and accomplish anything in life. It's not just a bunch of empty promises; it's the real deal.

[@zandilemnisi6771]

Author? Some other book pops up called “the wealth money can’t buy”

[@zailabarde8253]

@DasonDuarte when was that book issued and who's the author?

[@Dosina666]

​@@zailabarde8253I believe it's Terry Monroe

[@swttie2392]

I don't think that book exists...

[@thatdigitalstrategist]

"Would you rather look rich or be rich!?" *mic drop*

[@itsrosehan]

NATHAN JOHNSON hehehe I know! I was pretty pleased with myself for coming up with that

[@Runny117]

That's such an amazing quote. Social Media has ruined some people (in many ways) no doubt

[@mavericktheenigma9765]

Jay-Z said the exact same thing on 4:44 "Fuck living Rich and dying broke"

[@lalili1358]

But then you're only going to enjoy your money when you get old and not young.

[@AvioftheSand]

@JohnnieRhodes Nope. Answer is still being rich. Looking rich just leads to a bunch of parasites around you and poor spending habits that lead you back into debt.

[@Blider_ff354]

Crazy how the Whispers of Manifestation book on Borlest isn’t all over the place. People are seriously missing out.

[@adexmah]

You’re 100% right about this book

[@rixolans]

I’ve read it-totally worth it

[@blackbart99]

This should be required viewing for every high school senior. I didn't learn most of this until it was too late. Now I'm retired....House is paid off...cars paid off...the only thing I use a credit card for is travel expenses and my Amazon purchases...and always paid off at the end of the month. Listen to her people....she is absolutely correct.

[@bellaboo9871]

Yes ! But doesn't apply for everyone

[@syw5261]

I know about this since high school. But knowing and ‘doing’ is different. The seduction of having new things and getting more stuff is just so intense. My friends are in economics and finance major, all of them are quite ‘broke’ as they tried to look rich. This is happening in Asian countries trying to achieve the high life with easy credit.

[@vonkatheviking]

There are alot of classes in schools but do kids pay attention to their classes instead of using it as a fly course to get an easy credit, school does teach from early education even to high school students, now a days compared to back in the day. So if didn't pay attention that's on you, thinking why should we be listening to the teachers. But even young children are thought to count out money and they even teach taxes on candy, so this feels like an excuse, it's also up to you to learn and ask questions about things it's not the schools fault you didn't pay attention nor learn because it wasn't fun. But there are classes that are available for all. So stop blaming others and take your own actions to learn more about adulting. All college prep courses also go through these things as well, it's on you as a maturing person to learn, not everything is done with having anyone's hand held, take some real accountability and remember when you point a finger 3 are pointing back at you. It's your responsibility to make sure you are within your means not the schools, which offer programs even for adults now, so no more excuses, excuses get you no where but doing the real work does. Alot of the classes were your choice to choose and up to you to take economics, math, and even home economics they do teach but did you actually listen, our teachers even thought us about couponing and how to save for college, take accountability and stop blaming the world. We're all here together struggling but it also depends on what you took away from school. With the internet out, anything is achievable, learn something new each day, instead of blaming the school, maybe blame your parents 1st, the school isn't responsible for your money only you are, and don't forget most of us had a child's bank account, I learned young by asking questions and helping with shopping and making decisions on what a deal or not. Make it a learning experience not a blame game, everyone can learn at any time, it's a matter of choice at this point with the Internet, so no more finger pointing, and use KZbin to learn and listen this time, instead of making fun and not paying attention like in class. It shows because it is a requirement for schools to learn about financial matters, as kids we were given shopping lists and a money amount from the late 80s and early 90s even remember the plastic money that we all used to play with to learn with. So it has been taught but possibly you forgot. Can't blame teachers for everything, why not do better and be more accountable for your actions and money habits. Why do people think teachers are going to be teaching the things your parents should do. Which is a fact, parents are the real reason not the teachers sorry but it's true. Learn today so you can stop using the victim card. And learn to be a bigger person, and not blame anyone other than yourself. You can always learn no matter what age you are.

[@friendlysky7674]

I’m now starting at age 15, I have no friends, and I am doing what I can to learn, it’s a lot do go through sitting at a desk reading, writing notes, watching educational videos on future - dream life, rich, financial, entrepreneur, and how to make the world better surrounded videos. The true key to success and freedom is praying, and having faith in god. It will do a lot.

[@Nerida-r4u]

When your older and start a job save $10 a pay each week. It will help you when you need it.

[@isaiasherrero7889]

So true!

[@joannmannarino8898]

Wow. It took me over 50 yrs to figure that out. Good for you!!!

[@glennthompson1971]

praying and faith does not make you free. it is like forging manacles for your own mind. you then believe in a celestial big brother, who is constantly monitoring what you do, and will punish you for perfectly normal human behavior

[@angelgirl2257]

​@@glennthompson1971he will always do better than u

[@Forthewin1436]

For someone who's fighting to escape poverty, I'm so grateful for you and your channel. Thank you so much

[@lolife1981]

Stay drug free. You can do it.

[@happycook6737]

Listen to Dave Ramsey. He gives great financial advice too.

[@r5dlyfe467]

Hope you get wealthy homie

[@bettysmith4527]

The key is getting an education or learning a valuable trade, thus increasing your income!

[@ajm2193]

I was in poverty when I was a teenager then worked hard sometimes 2 jobs all extra money I made went into retirement investments, paid down my house with extra payments always lived within my means and like she said treat your savings account like a bill find a plan and stay committed to it

[@sab4895]

I've actually spent more money in quarantine with online shopping than my regular days..

[@TheMoonValley]

Me too!

[@FaithBlarque]

You and I both 🙈

[@evereign9385]

Don't beat yourself up....here's your opportunity for a turning point.....take it!✨

[@AsmrbyNoelle]

Me too 😩😩

[@ckennedy1973]

Found this too true having to furnish my home office to WFH

[@pbmc_]

Being a hermit is great way to save money too 😉

[@chrisrodney79]

M C Yup! #TeamHermit

[@mariak1785]

👍🏻👍🏻

[@Sayoh]

​@Dr.'sorders You stop being a hermit when you are more than comfortable?

[@thepenthouse1507]

I love being a hermit. I turn on the TV, everyone had Corona, not me, I'm a hermit 🙃

[@datgirl2093]

Yes I agree since the whole quarantine thing that's going on I noticed my spending habits have gone way down no more eating out for lunch mon-fri no more going out to the stores and spending money I should be putting towards paying bills and credit cards off no more going out on the weekends our bills are current for once and not behind on them so yes being a hermit can actually be a good thing being on lockdown is actually a blessing in disguise

[@barbaraholm3116]

I was attracted to this video by the title. Very clever. I was especially impressed with #5 Numbing yourself to debt. I grew up with parents who lived in the great depression. The mantra at our home was "Get out of debt. Stay out of debt." That mantra has served me well my whole life.

[@izzybell6735]

My parents got tricked, so they bought a house that was due to auction and they didn't even know it until they came for the house. They ended up paying double the price of the house to the bank, and they've taught me to never have business with a bank, stay out of debt and never use credit and always save up, if you have money that doesn't mean that you need to spend it immediately. I'm only 19 but I'm glad that I've learned the lesson early in life because this way I always had the biggest amount of pocket money (even if they only gave me money once every two months), and now it's the same with uni. I always have money on me and I don't spend on unnecessary things.

[@naturally_roisin]

My family are so bad with money. My aunts go on countless vacations to exotic places and weekends all around Europe, but one of them is currently risking losing her house due to overrun debts. I'm 18 years old, and educating myself on this sort of stuff to make sure I never end up in that situation. I would gladly sacrifice a few vacations per year in order to provide a better general standard of living for myself and my family.

[@stephenc2481]

I am glad you are smart to realize something is wrong with the current situation, early. Many don't recognized it till late or never at all, promoting the next generation of reckless spending.

[@FlorianThe4th]

Education is great but you will also have to override your "money" program. The program you learned from watching your family when you were younger.

[@aaliyahfoster2705]

Mini vacation life hack: Download Snapchat, which is free, and visit places on the Snap Map, which is free. 🌞 And see the sites of beautiful locations from different limited-time angles and perspectives, for free.

[@dan-qe1tb]

I could see my Dad charge the whole family road trip on his credit card when I was a teenager, and I hated that. If you're broke, stay home! There's no shame in that, and no need to go into debt to try and please your family.

[@ahstewart4728]

@@dan-qe1tb my

[@xBloodXGusherx]

This woman just attacked my life lol. Time to change.

[@itsrosehan]

🤣🤣🤣

[@xBloodXGusherx]

@@anne-mariel3256 If you need a husband, we can accomplish this together Anne. :)

[@thepenthouse1507]

@@anne-mariel3256 mortgage paid at all 🤣

[@meganmarie4289]

Anne-Marie Lavallee hey we have the same last name and I’m also a Marie

[@meganmarie4289]

Anne-Marie Lavallee in from Colorado living in Tucson Arizona.

[@phil_8367]

Really good video. Love the “Do you want to look rich or be rich”. That’s a daily struggle for me. Although, I’ve gotten a lot better over the years. I rarely buy clothes now and if I do, I have zero shame in my game with wearing clothing I purchased from Walmart or clothes that I’ve owned for years. The less we stop caring about what the people think about us, the more discipline we will accumulate moving forward. A wise friend once told me that if you can’t buy the product you want immediately in cash, don’t do it. Also, if you find yourself obsessing over some product, challenge yourself to “think about it” over the next 2-3 weeks and chances are you’ll decide against it. If you think back to ANY item you have ever purchased in the past that bought you happiness, chances are you don’t use that item any longer. Think about that whenever your tempted by a materialistic product.

[@liviaramirez1096]

Totalmente de acuerdo. I've learned the hard way. 😬 😄 ❗

[@phil_8367]

@@liviaramirez1096 You learned though! That’s a major step!

[@JV-uo7zz]

The better you look tho the more opportunities

[@mayravs2691]

Learned this way too late in life. Finally, I'm putting away 12% of my salary, paying down my student loans, finally paid off my car, credit cards, and a bunch of little things I took on credit. At this rate, in 2 years, I will only have my mortgage, which is also around 15% of my salary. I may not have all those fancy things my friends have, but I am free. I can lose my job and can live without changing my lifestyle for two years.

[@pyt3204]

That's awesome 🥂

[@mysecretsketchbook865]

Well Done Aunty. Peace from England UK

[@cassie_inspires]

What is it that you do might I ask?

[@joeshmoe781]

Don't forget w/o a student loan you'd be working as a bagger at a grocery store or a barista at Starbucks. The very fact you have a real jobs tells you, you should be able to pay off your student debt. So stop fucking complaining.

[@michellete8545]

If you were able to be at peace then you didn’t learn this too late. Don’t fall into the “what if” mentality. What didn’t happen doesn’t exist. You did what you could, you learned and now you’re in an enviable position.

[@honestlyna]

I have those expensive friends... I am happy that you really touched on this and its okay to be authentic and frugal to do what's best for you.

[@LegacySpeaks]

I absolutely love how you stated that taking care of the future you is a form of self-care. This was such a great video. Thanks!

[@mandolyn9876]

Thank you for making this so approachable. I’m almost 50, divorced, with kids, and a teacher- man, I’ve got some heavy financial lifting to do to make up for lost time- you make this exciting! I look forward to being smarter about my money! My kids are on the right track, so that makes me happy!! Thanks, love!!!

[@mandolyn9876]

Teacher- man!!! 😂 punctuation is important 🎉

[@jollama]

Imagine being divorced

[@KNByam]

$50 a week from my check goes into my savings, and another $25 goes into a 401k every week. I do side jobs and that money goes into savings which is about $200 a week. All my bills are paid until next month so I was able to put an extra $400 on the side. I have some money also in stocks. I have Zero credit debt with a credit score over 800.

[@rambojambone4586]

Start an IRA. You can declare bankruptcy, and they can’t take your IRA money. No kidding.

[@christien6230]

@@rambojambone4586 🤣🤣

[@fayenguyen-barmore1662]

Goal

[@bennettlockandkeymattandja9671]

Hey I need a co-signer🤣🤣🤣

[@lilij1915]

Where did you learn about investing? Any resources you recommend for basic info?

[@naimamorgan6209]

Very good advice. Thank you so much. Being on lockdown has made me see how much I can save by just staying home. I was guilty of overextending myself to my friends who are on different budgets than myself. I would feel bad for not being able to do something, like a dinner or go out for drinks ,so I would go and charge everything. Then I would be so mad at myself for being broke. Quarantine has taught me the importance of what you really need. A roof over your head and food in the fridge.

[@jjackeeeKooKz]

Naima Morgan Just say NO!!!! I had to learn to say no!!!!

[@crystalcooper6161]

So True Good for you

[@BKLNHobo]

Nowadays you can find plenty of food, drinks and entertainment options at home for a fraction of what it costs to go out.

[@ashalapps6875]

❤️❤️❤️❤️

[@yechanlim2688]

Would you wanna “look” rich? Or would you wanna “be” rich? Bruh she got me

[@nidiohnidi]

I want both!

[@MsPants1632]

Nydia Ahlmann you gotta walk before you run. Save and live frugal for a few years and then later you will be able to do both!

[@joshgambino]

I am definitely one of those who screwed up and learned the hard way. I'm 32 now and learning about finance has changed my life for the better. I hope it did to you as well

[@skeptical_sorcerer]

You missed the most important point of all: do a weekly budget, every week. Know where every penny is going.

[@JehanineMelmoth]

That’s not a habit that will keep you poor! Look at the title of the video!

[@rossy3lo]

@@JehanineMelmoth lol, then it's supposed to be: the habit of not making a budget. Because budgeting is very crucial.

[@seymaeryener]

Agreed 👌

[@kaym7704]

That can more or less fall under number 5 of her explanation...but yes, a good habit to understanding your spending habit. But once you understand your habits...I think monthly is enough.

[@perhapslife4394]

Thank you thank you 💪🏽

[@loboswildin]

I think I speak for everyone here when I say: WE LOVE YOU, ROSE!! You are so appreciated.

[@itsrosehan]

J.S. Stockton awwww thank you, this made my day! 🥰🥰🥰

[@DavidGeorgiaPersonalFinance]

Remember, it's not HOW much you make, it's what you DO with what you ALREADY have.

[@itsrosehan]

💯

[@ash_alk_fan1]

@@itsrosehan Come on, it's both how much you make AND what you do with it. You can invest 100% of a $1,000 a month salary, and it still won't be as much as investing 15% of a $10,000 a month salary.

[@dontgetcaughtslippn6075]

I think about those with nothing, 🤕

[@lamklam5962]

Kinda wrong. Income is an illusion. Skills and value producing ability is everything in a Capitalist society. So living in your means is worthless if you cannot command higher value in the market.

[@Icy-ih9iv]

@@ash_alk_fan1 the point is applying these concepts no matter what your income is to produce better habits and not waiting until you can put a lot of money in savings instead of just putting what you can with what you have. Making your money make money doesnt necessarily need a lot of money if you know how to work the system

[@lyaadonara1386]

My only best friend used to check on me every month on payday to make sure I saved some money before anything else. I am beyond grateful to hv her in my life. It was so hard for me to do with money coming from financially messed up family. To this day, we are both married but still talks about money sometimes, just to remind each other to keep it healthy.

[@narcfreeatlast6975]

Expensive lifestyle on credit = spending money you don’t have. On social media, there’s also a lot of narcissistic individuals lurking. To them external validation is everything and managing a facade of perceived wealth and perfect lifestyle is essential for their ego.

[@Maryland_Kulak]

I’m a multimillionaire and I don’t own an umbrella. I know I won’t melt. I recommend serving in the military or backpacking in the wilderness. You learn what you need vs what you want.

[@typhoon320i]

"the average American has zero in savings, and 4 Louis Vuitton bags."

[@dearlove3158]

That's a saving in a sense. Some purses that are discontinued is worth more than it's MSRP.

[@Allenzo04]

@@dearlove3158 its not saving. investing in purses is just justifying spending a bunch of money on something so stupid.

[@aprilbitar8496]

They can re-sell them for a higher price

[@Enclave_Engineer]

When you have $20 and no debt, you are richer then most Americans.

[@yvethajean6925]

@@Enclave_Engineer totally agree I have student loans and $5700 I can't sleep at night when I think about them I just want to pay them so i have peace of mind but thank God at least I still continue to save

[@Roymysterio]

Investing has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.

[@CamilaBadde]

How are you able to do it? Not everyone is as lucky as you know.

[@Archaengelh]

How are you doing it? Not everyone is as lucky as you are you know.

[@Roymysterio]

Luck is way off the picture. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $10k spread across stocks (options and futures) for the short term and Roth IRA, index funds, cryptocurrency and ETFs, for the long term. Now with over 71k in roi, I sit back and just reinvest at intervals while I handle my other businesses.

[@OnlyoneSithembilé]

Is he taking new clients? I'll be 56 soon I hope it's not too late. This whole stuff is just too complicated for me. I don't mind using some help.

[@Roymysterio]

Hermanw jonas that’s his gmail okay

[@fbafreedom2393]

Often friends who have expensive tastes, and live with extensive amounts of debt, are great examples of people who are often not saving and investing enough themselves. Surrounding yourself with people who are financially literate is key to achieving financial freedom. Thanks for the video Rose!

[@ayetreyyy]

or you hang with friends that have a higher income bracket than you, causing FOMO and upward social comparison.

[@JoesWife1000]

I once worked in a department with a group of people who invited me to the theater and out to eat frequently. Almost always I had to answer "I can't afford it". I'm pretty sure they despised me for it. But they were also in a lot of debt.

[@aba192]

they're the suckers

[@stephenc2481]

Social pressure is strong for many people. But if you have a plan, it wouldn't affect you as much.

[@thomasthorne4010]

Paying Yourself First has changed my financial life.

[@colinmoras2385]

The part of investing early hit me hard. Im just turning 30 in a few months and only started investing this year. Wish I started at 20 but its okay.. just have to look forward.

[@FrancescaBettiMusic]

I understand you man

[@singerjo5791]

30 is young

[@1hinita]

Same boat. Atleast we're starting.

[@colinmoras2385]

@@1hinitathats right my friend.

[@cypherhoes6067]

M 18..I have no idea about investing..can someone explain?

[@tovarisch3039]

I understood Parkinson's law when I first started planning for parties. When you have a budget, cover the essentials first and use whatever's leftover for drinks and booze because it doesn't matter how much booze you buy, people will always find a way to consume it all.

[@daCubanaqt]

I chose my college based on getting a full ride. It was a brainer for me. Graduating with no debt was amazing and afforded me the chance to go to a great graduate school without having to work.

[@DaquawnColeman94]

I’m very proud to say that I don’t do any of theses things. My parents have terrible money habits and I guess that prepared me more than I realized. Wow go me lol.

[@b4rs629]

Same here

[@donnarodriguez4026]

This makes me realize how I am on track by investing early even in a small lot, saving my money even if it's not that much, pay my bills on time, and still have money to use because I don't splurge too much on the things that I want but I don't need. Lucky because I have good friends that whenever I don't have extra money and I refused to joining them when they eat out, they still understand me. Thank you for making me realize that those discipline and sacrifices I made paid off somehow. 🥰

[@Gromitz101]

I had a friend who would always fall for the "its on sale! so I have to spend money to save money"...yikes, he was always poor.

[@9839520]

Gromitz101 your friend has no plan for spending not to mention saving.he definitely need this clip

[@mr.pariah8255]

Just treat the credit card as a debit card. That's what I'm about to do. If I don't have the amount in the bank, I don't buy it. Only way I know to build up that credit score.

[@canadianjatti]

yup exactly, everything I buy goes on my credit card. Even if it is just $1 but it is because I am using it like I would a debit. Nothing goes on the credit card that I don't already have the money to pay for.

[@gossipmaniac20]

Exactly how I use my credit card as well!

[@taylorroche4168]

Exactly! Everyday little purchases add up and I don’t want to miss out on earning those rewards. Treat it like debit and you WILL manage that credit.

[@arx754]

Same here. I have one credit card that's both a debit and credit card, but regardless of how I use it, it all comes directly out of my checking account. Works for me.

[@exosvocals2526]

Nice tip!

[@rescuingmyself6429]

I’ve watched sooo many financial advice videos and a lot of them are filled with cliches from kids who are already wealthy. Your video seemed like REAL ADVICE FROM A REAL HUMBLE PERSON! I loved it!!!

[@vicandsam7576]

8 habits keeping you poor… habit 1: Eating 😂

[@flaviunan337]

Joke aside, we often eat much too much, throw away lots of food etc… so yeah 👍

[@mc36020]

@flaviunan337 True. I save more on groceries by learning how to more efficiently store breads, fruits & vegetables so they do not go bad so quickly. Also, reducing how often I eat out to twice a month. It's amazing how much it adds up.

[@supermoviegeeks7251]

I’m right there with u on the student loans. I took a 70K loan when I was 18 to go to a private university. I couldn’t pay and that ended up ruining my credit in my early 20s. I am 30 and it was a long journey to repair my credit and acquire better money habits. This tips definitely could help anyone in the journey to financial freedom. Keep up the good work!

[@lvega5606]

Im the opposite. I went to a business school that gave me a full scholarship vs NYU and Ivy League schools that were offering me very little in scholarship. I have regrets, especially as my school keeps falling further in rankings, which doesn't help my career. I try to be easy on myself though because I was in a very bad situation at the time I chose schools.

[@nazanin2012]

Although it’s important to have some savings and no debt, it’s also important to enjoy life especially when you are young. If buying stuff, dressing nice, and paying for experiences makes you happy, then do it. You will have happy memories to reflect on when you are older. You won’t enjoy these things as much when you’re old and have other responsibilities.

[@RosesAreBlack94]

I agree. I would sometimes reflect on my decisions when I was younger thinking about what I should've done instead. Then I'll remember all the people I met, the fun I had, the experience I gained, the people I slept with lol. It's something to remember my youth as.

[@naki.lnongkhlaw2356]

The things she's talking about is not about not enjoying life... she did not say you should save money, not enjoy your life so that you'll have money to enjoy later... She just means to say that there are substitutes to putting on an expensive life... We can choose to eat at home on weekdays and go out for lunch or dinner only on weekends... rather than going out all week not with our money but with that ask from parents....

[@tamstams3815]

Enjoy yourself responsibly, keeping the end in mind. Always have a long term financial goal, your future self will thank you for it.

[@happycook6737]

No. Wrong advice. Saving even small amounts of money when you are young and investing it pays off big. Depreciating things like clothes become worthless quickly.

[@MrYbhushan]

Why do people in US think that materialistic life is the life to enjoy? The best experiences in life are cheap and healthy.

[@sabrinacooks]

I LOVE to cook so when this pandemic hit, it really didn't phase me too much as far as eating out was concerned 😂 One things for sure, we are saving so much money now since we are not eating out, and now that I'm stuck at home it gave me the oppertunity to start my cooking channel, something I had always wanted to do 🤗 needless to say I am enjoying every minute of it 😁

[@jessicapeyton5444]

YES I love the "pay it off immediately" approach to credit card charges! That is exactly what I'm learning in my Biblical financial principles class.

[@lulatorrey6360]

❤❤❤❤❤❤❤😢😢😢😢😢😢😢😮😮😮😮😮😮😮😮😮❤❤❤❤❤❤❤😢😮

[@kirastokefield2547]

I sat in my room this evening to look at my accounts and I realized how inflation is on rise and how the value of what I have in there has depreciated over time. Whether Mutual Funds, Index Funds And ETF’s whatever it is called, as long as I do it and am able to make profit. I need to begin investing.

[@kirastokefield2547]

@@stellarivera9787 I'd like to know more about this Amelia..

[@stellarivera9787]

@@kirastokefield2547 Well, I was just you like before I started last year, I contacted a professional(Amelia Babasa Wood) who caught my attention on an interview with CNBC news and that was it. She handles everything, she even provides answer to question I did know I should be asking, She is really honest and that's what I like about her.

[@kirastokefield2547]

@@stellarivera9787 Please do tell me more, How does she work? I live in Ireland, hope that won't be a problem

[@stellarivera9787]

​@@kirastokefield2547 She works with people as far as Australia, am sure she can work with you where ever you are, thanks to the internet.

[@kirastokefield2547]

@@stellarivera9787 Please confirm, I just googled her name, is she the same person there.

[@mostyles328]

Thanks for reconfirming I’m on the right track. Debt free for 6 years and love having all this extra money to invest on top of my retirement!

[@itsrosehan]

Ryan Johns Congrats on being debt free! That’s huge 💪🏼

[@realpristine]

Awesome!!

[@ChauNguyen-qs3et]

I am living with this goal: “skinny body and Fat bank”

[@crystalcooper6161]

😂😂❤I love it

[@chaskaabraxas5314]

Good discipline

[@michaeldautry]

Love it! 🤣

[@yusahara]

I like this, I'll use it as a motto hehe

[@Firza.L]

Motivation

[@live_monkey2485]

That first tip is so true. I saved 30k in 4 years by applying that principle.

[@BenKrantFitness]

This is why I always put away 20% of my income in savings no matter what before I spend money on anything else every payday.

[@Splitchipsonblack1011]

I learned a lot of these tips years ago and I try to teach as many people as possible but it's sad how many people are so ignorant. A lady laughed at me and called me "poor" because I drive an older car that's paid off. Little does she know.........😉

[@shorty3alyna]

I think I have more then 10 habits to sabotage my financial situation, but I always pay the bills on time ! Very good advices!

[@FernandoBelaniso-jsm]

❤❤❤ Thank you so so much Ma'am for your information

[@mariamumar7938]

Success is not final; failure is not fatal: it is the courage to continue that counts. Business opportunities are like buses, there’s always another one coming.

[@ahmadharuna5534]

It’s fortunate that many of us are still confused about crypto currency while others are busy earning from it

[@dankurimasadu8641]

Is never stressful when you're guided by a professional

[@halimatheo5339]

I remember friends calling me crazy when I started investing in bitcoin now I shut them up with my 4 figures weekly returns.

[@habilasandramiduna3383]

Thanks so much to Mr Wales Morgan for introducing and making me believe in crypto

[@damarismua4059]

Everybody has been talking about Mr Wales Morgan so I'm not surprise you mentioned him here

[@mikka9368]

Hard pill to swallow: My biggest mistake was not focusing on my savings

[@perfectpitchmeow7470]

Same here 😢!

[@MummyDiaries024]

Literally listened to a few minutes of this and i absolutely appreciate your intelligence, analogies and amazing theories. I have learned so much, i actually have impulsive spending issues and repeat the same habit over and over again. I love it when you stated 'would you either look rich or be rich' ive always thought that to myself like i am not a materialist at all so therefore i should be investing in saving and practice in good habits to save money.

[@ricovalentino1759]

I learnt this a long time ago, EGO KILLS YOUR WEALTH! Stop buying expensive clothes and materialistic things. Ask yourself do you really need it,or do you have a low self esteem to think you need this to better yourself? Yes to treat ourselves is good and important but do it when you are financially free. Stop going out for coffees lunches/dinners do that at home again until you are financially free. There are so many things you can do to save money. Always think the goal is to be financially free. Don’t just work hard work smart! Great video great points Good luck everyone

[@Joe-co4sq]

Thumbs up!! Great video Rose. I retired 5 years ago to sunny Florida at the age if 48. Save , save ,save! Doesn't matter how much, just get into the habit to pay yourself first. Also think seriously about going to college. It's extremely expensive at such a young age. I opted out of college because I felt I was smart enough and motivated enough to do without. I was right and it's something everyone should think about. God bless and enjoy building your life!

[@mikefekula8279]

I loved the comment about the traveler friend who was taking photos everywhere ... and had racked up $20K in credit card debt. Sounds very familiar. This is all good advise.

[@angelk3912]

What’s interesting is that people forget about that picture after a week or 2😭

[@ltea8570]

I love the point you made about USC vs NYU and choosing your “preferred” school over one with a full ride scholarship. People get so wrapped up choosing the “best” school when most often, where you get your bachelor’s degree doesn’t matter! Choosing the boujee expensive school is like buying 4 Luis Vuttons bags when you could’ve got a $20 off brand one at TJ Maxx. At the end of the day they look the same and only you know the difference

[@SlindeleSizolDee]

Who's here December 2024

[@vuyokazimzinyati6475]

I am 😆 🤣 😂

[@shawlenehendricks2186]

12-16-2024, I'm here! ❤😊❤

[@grannyvegas1281]

Me

[@surfbug1]

Subbed and took lots of notes. I'm over 50 but my financial journey is not over!

[@mimi3118]

For Christians, we give the first fruits of our labor to the church as it is how we show our gratitude to the Lord and it is something that has a promise from Him and He even said that we can test Him for that. He will pour out His blessings and our barns will not lack (financial, health-wise, relation-wise, etc.) After all He is the Giver of all good things. Not that He needs our resources, rather He is asking for our obedience. The church has many outreach programs that gets its fund from those and is also accountable to the Lord on those resources gathered. God respects His promise and it's indeed proven! Next in the budget is saving for ourselves and the rest are for whatever needs to be paid for our daily existence. Resource management has always been the rule and it is also found in the Book of Proverbs. It has all the answers in this LIFE. Thanks for the practical tips that's worth watching also!

[@agu1407]

Yes, tithe is good, but some churches are using it business. Your body is the temple of the holy Ghost. Temple means house of God. I will use the money to take care of myself.

[@mimi3118]

@agu1407 they're accountable to the Lord and they will face God's wrath then

[@mimi3118]

@agu1407 but tithing is our way of supporting the church for their outreach programs and for spreading the gospel in the same way that we pay our taxes for the government to govern its people. we can't live with the attitude of "to each his own" as we are a society and that no man is an island.

[@aikaryna]

Thank you Ma’am! I did this and had a 3 month medical emergency. I was able to live for 3 months with no debt. Now im gonna be back to work

[@Headspace101]

First step for me is becoming aware. My finances controlled me. It’s early days for me but I’m going to take ALL of the excellent advice here. Thank you! ❤

[@LennyGildersleeve]

How refreshing to watch financial/investing videos full of practical, easy to understand information yet not have to withstand 87 ads and no pushing of merchandise, double secret special investing courses, or the worst...collaborations with 15 other "experts" that giggle and tell each other how awesome they are. New subscriber working my way through all videos. Outstanding content. Keep up the great work!

[@itsrosehan]

yay! thank you so much!

[@NeonAera]

I get carried away all the time with spending. Especially online. It's so darn easy to just pop open Ebay, etc online websites, and possibly buy stuff one actually really needs, but then still get tempted to look at other things and such. Free shipping also really lures you in too. Gotta stay organized financially. Great advice. Thanks, Rose.

[@SuccessBoosterAcademy]

@NeonAera, I used to be a spending machine. I couldn't control my spending impulses, but after starting asking myself the following questions, I've reduced my spending habits. Ask yourself, "Do I really need to buy this right now?", Can I aff ord to buy this right now?". If you have to buy, then, ask yourself -- "Where can I b uy this much cheaper?" " Which company provides discount for these type of products?"👍💯

[@paytonharris7051]

Every tip is all information I’ve heard before, but it has never clicked for me until I watched this video. This video resonates with me so much. Thank you.

[@nathanieldortch399]

First of all, I Sincerely Thank you young Queen from my HEART for this particular video and unfortunately I am that one American that falls in the category of every reason why someone has lost so much money and made so many financial wrong choices and now at my age 57yrs old, I am finding myself physically working like I am 23yrs old and starting from the bottom because of being with fake materialistic shallow people and yes I do regret all of the awful financial choices that I made back then, But everything is about money in this world, so I can't give up and I can't go back to change things, so I am learning to be Smarter with my money these days and listen to smart and wonderful people like yourself, I appreciate you. U.S. Navy Veteran Nathaniel Dortch, San Diego California

[@TechOutAdam]

My worst habit used to be thinking I couldn't earn more money. It's funny when you have an attitude of just staying focused on earning more and more all these "bad" habits just go away. Good video!

[@LelliAmi]

That moment when you realize you're the friend with expensive taste... 😅

[@melanaa15]

Same 💀

[@simonejohnson5376]

😂self awareness and reflection is healthy

[@mzlove4121]

🤣 🤣 *raises hand HIGH!

[@ayodari_style]

Me! I am who I am and I like what I like🤷🏿‍♀️ at the same time I have quite a bit in retirement, life insurance, and started college funds for my kids. So I kinda got it together? Just need to build up savings

[@annarellanosayson8514]

😅

[@jenniferreid7652]

Writing our spending down in a spending tracker paper journal was a game changer. There was some weird mental thing that happened when we had to physically write everything we spent down. It was eye opening at the end of the month how much we spent dining out.

[@nn260]

Finally someone listed things that real practical habits that many of us doing without correcting ourselves, watched other videos and they talk like text book steps which are far from reality, thanks for preparing this list from reality of our day to day lives.

[@jomontanee]

I love “stop self-sabotage”. It is absolutely true.

[@Shayycraft_]

I’m 21 and I have $10,000 in my savings thanks to manifestation and the universe. Also I want to be rich & look rich but I buy cheap stuff with good quality.

[@TheKillahKyla]

I was in the same boat as you at 21. If I could go back in time, I would take half of that money and invest it in the stock market. That 5k would be at least 20k now, 14 years later. You NEED to invest.

[@zahre_mar]

Manifestation and universe didn't put money in your bank account. Rich people never look it because a full money box never rattles.

[@digitaldrea]

gf.me/u/ygr3yw

[@mascara1777]

Thank God, not the universe.

[@TrappedQue]

Congratulations! You are a rockstar, keep up the good work.

[@MarieGilles-kx9xo]

Thank you soooo much for sharing this video. I have said all of what you are saying to my 20 year old son and don’t listen to me. It is better if he listen to someone else. So, thank you 🙏

[@eddysilva678]

Where were you 30 years ago, thank you good advice miss.

[@ahandywomanandherdog]

So many great relatable examples to the different habits. You’re also leaving me feeling excited to start investing instead of feeling bad that I’m 31 and I still haven’t really beyond my small 401k and Roth IRA. Subscribed!

[@bennithamyself2758]

I'm definitely guilty of waiting too long to start investing. I'm so glad I finally did. Thanks for the great tips! :)

[@bucklag]

I focus on identifying my needs and my wants. Living a simple life also helps in minimizing financial problems.

[@isflin9919]

she is a keeper.

[@itsrosehan]

😁

[@rainershen1553]

not until you peep her Instagram... LOOL

[@puremathematics8683]

@@rainershen1553 what wrong with her instagram

[@Steven-io2cj]

Yes, in the fishing world, Rose is a keeper. You would not throw her back into the lake!!!!!!!!!!!!!!!

[@rainershen1553]

@@puremathematics8683 nothing wrong, quite sexy actually. Just weird taking her financial advice seriously after

[@roxaaanne]

Something to remember of debit cards, it is a bit risky to use it because it’s directly linked to your checking account. If there’s an issue such as fraud or the retailer’s connection didn’t go through and they have to redo the transaction, you will end up getting debited on the spot. It does get fixed, but it takes longer than credit cards. Whereas you get better buyer protections with credit cards. Might be better to still use CC but pay it off in the same day or week.

[@creditplug]

Unfortunately many would rather look well off then actually be...in the social media age ...it’s all about show.

[@itsrosehan]

Credit Plug Indeed!

[@MsPeach408]

They'll have to live with their consequences. In life, you can't have it all.

[@adrienne4100]

It's often a sign of low confidence...needing to have the best "stuff" to make up for what they feel they lack, right. Realizing that helps shift feelings of envy

[@ObeyyShadesz]

Follow me @ikissedshadez

[@myownfashionclosetllc5108]

Thank you for posting this video because the moment I could started saving from my job, I save 10% of my 401k before I receive my check, that way I don't even see it. Of course, my check if smaller because of that, and I started putting away $30 away toward a newer car so your video help me to know that I am doing the right thing. I was going to try changing my saving to 4 or 5 percent, but now after watching your video, I will try to keep it that way. Great job!! Thanks!!

[@naturelover6745]

I had a student loan when i was in college. Honestly I was really scared when I availed that loan because I was not sure if i will be able to pay it. So after I graduated I started saving so I can pay it in full. It took me 4 years to saved the full amount. I had to prioritized saving than my wants. When i paid my loan in full, it was the relieving moment of my life. Honestly, having debt is very stressful. The loan i had was a government loan my classmates said that there is no need to pay it but I was scared what lies ahead if I don’t pay it. My classmates who has the same loan as mine started traveling etc. until now they are still indebted.

[@arx754]

Very smart of you. The stress alone can eat away at you and make you miserable.

[@Thisworldisagoner]

When I started my post graduation in a new big city, I was all alone and so when I started making friends, the first few months I started keeping an eye on the people who speny more than they had. Then I met one girl who was like "I am a frugal person, I would rather cook than eat out" and I was like GIRL SAME!!! We became so close and we are still close after four years. We both would go out about twice a month, but we cooked together most of the times, ate a lot at the college mess canteens, shopped at the local marts and asked generous friends for their Prime video passwords 🤣🤣 We both didn't earn money back then, so we knew what we could afford and couldn't. We had similar ideologies and it felt so good when there is someone who understands your spending habits without judgements.

[@floridaoutdooradventures8981]

If you stop dinning out, you can save a lot of money !!!

[@oybektoshmatov9508]

Very concrete, great effort, on the point with great examples! Much better than many youtubers who just beat around the bush. First time watching Rosa Han, subscribed and will be watching her other videos for sure!

[@joyousepidermis]

Wow. Such great recommendations! Also the way you explain these tips makes me feel like I am hearing them from someone who cares rather than someone who is judging or talking down to me. That is how I have felt in the past when being given financial advice. Thank you so much. I am looking forward to hearing more from your channel.

[@coffeefordinner]

Setting a monthly budget (I use YNAB, it's 100% worth every penny) literally changed my life. I went from living paycheck to paycheck to funding a wedding with zero debt and accumulating 6 months' of living expenses in savings. I never have to worry whether or not I have money on my account to afford something... Because at the beginning of the month I've already allocated a budget for that. If I want something that I haven't budgeted for, I need to take that money from a different category. Is that new piece of clothing really worth digging into my grocery budget? Car maintenance? Savings? The answer is almost always a no (and when it's not, the purchase is usually done mindfully and ends up being really nice and something I genuinely like).

[@laurent3415]

You may not see this but please define abbreviations the first time they are used versus assuming all readers know what it means. Yes, it's possible to google search it, but people will find useful information faster if they know what to expect.

[@YKKY]

@@laurent3415 YNAB is ACTUALLY the name of the product. Seriously, people are so lazy these days.

[@laurent3415]

@@YKKY I always recommend defining abbreviations whenever I come across an undefined one. It's simply good writing practice and adds depth to the information provided. By the way, the You Need A Budget(YNAB) brand spells out their abbreviation as well.

[@Sonicxis4ever]

“How can you get to where you wanna be if you don’t know where you are now?” YES. Say it louder for the people in the Bronx lol. I really appreciate this video. Thank you! I got paid today and immediately put money into my savings!

[@LordsUNfilteredHoney]

I appreciate your honesty and genuine attitude! ❤

[@soeun2687]

Thank you for recommending Sarah Jennine Davis financials on one of your videos. I reached out to her and investing with her has been amazing.

[@soeun2687]

@jonesfrederick1228 She's Sarah Jennine Davis

[@soeun2687]

+156

[@soeun2687]

1759

[@soeun2687]

4519

[@soeun2687]

She often interact on whtsapp.