The GREATEST FINANCIAL MYTH Taught To The Black Community

[@Shay9i]

Work smarter, not harder.

[@lario1030]

💯💯

[@darinheight6293]

Make your money work for you

[@DCMFR]

I told ppl that “Hard Work” is a myth and they flamed me lol. The goal is to work less, not more. But we’re conditioned to believe working more is the accomplishment

[@darksideon]

I've always heard people say "work smart, not hard".

[@lario1030]

💯💯

[@mikig6921]

Conditioned by people who want us to work for them lol They made hard work "respectable". Damn shame.

[@DJTravTV]

And in many cases by time you hit 35-40 years of age, you're already burned out with exhaustion

[@antclerfont8478]

Even me... I wish someone could tell me what is the right way. Or show me.

[@justingaryakaj-samson5352]

this is something that needs to get spread

[@RTBPODCAST]

I shared it already 💪🏿

[@Tunechi65]

@@kpin80 stfu

[@WhoTfIsPetey]

Facts !! Ive been sharing this , but unfortunately the negative things spread faster smh

[@speakyourpeacee]

Exactly people watch the breakfast club to watch snitch 9 talk s*** and they get millions of views but now when there is some positivity and education people barely anyone watches this. Let's bring the positivity back.

[@speakyourpeacee]

Let's spread the good word and change our mindset because things are backwards right now.

[@sincerelysha1404]

Wish I would of learn this lesson 10 years ago, always been a bigger saver but never invested.

[@msr291]

Yes you can still invest. Especially in stocks. Making money in your sleep

[@sincerelysha1404]

@@msr291 don’t know what’s the right stocks, Shad did mention ETF’s which I’m doing my research on now.

[@voss9352]

start on doge and ethereum while you can, crypto is a lot safer and predictable to invest in than stocks.

[@jl8452]

I’m 63 and wished someone told me this years ago. I was too busy working up to three jobs while going to college. It took me a little longer, but I didn’t have any loans. Then, got married and had children - which unfortunately at that time was too busy focusing on children, work and that’s about it. It was just last year through my work’s 401k plan, they offered Roth - but, it isn’t matched like 401k. I am far from ready to retire.

[@sincerelysha1404]

@@jl8452 Wow...well hopefully things panned out for you.

[@Bey11ktb]

Straight Facts!! Working hard doesn’t lead to success! I told my students no one worked harder than slaves.

[@voss9352]

"work smarter, not harder" i most definitely learned from this video. please post stuff like this more often. thanks for the upload

[@MylesDaye]

If you like this look up the black financial network and the all black agenda. Some of us are going to listen and get this money

[@donharris8846]

“Treat every dollar like a worker” - that’s a jewel. Don’t let your dollars be lazy neither. Inspiration right here.

[@BLC452]

This is the kind of stuff that should go viral instead of silly memes! Gotta tell your money, “If I had to work for you, then you have to work for me!” So many gems in this full interview. Generational wealth is attainable. You just have to be willing to learn and be willing to do things in a different way than we were taught.

[@TheBlackNostalgiaNerd]

Im 30 years old now 30 years is not quick use your time every sec is a cent and every cent counts

[@logandavis954]

Damn this clip hit different

[@DesignerReviewz]

for real tho. especially because you might think you’re doing all the right things, but in reality, you can** achieve better results with less effort

[@glo1168]

@@DesignerReviewz cant play the game they set up for you. It wasn’t for your benefit, it was to trick you into operating for theirs. Have to play your own game

[@RTBPODCAST]

Quick 30😭

[@GetOffMyy]

I can’t even see myself working for someone 5 years tf that’s already too much of my life 😭😭😭😭😭

[@pretty_wingz]

@@GetOffMyy that’s what I used to think as well. But here I am 5 years later as an RN in the hospital. It’s hard, but I thank God for my blessings 🙏🏾

[@GetOffMyy]

@@pretty_wingz did you go to college? Are you a felon in a state that prevents felons from progressing with their lives? Tied to the system in any way? Had help from family? Also not everyone wants to work the rest of their lives. I’m not interested in starting a “career” aka slavery to die while still employed. Not trying to take any congratulations away from you, but working the rest of my life for someone doesn’t seem at all realistic for my life.

[@Quethechosen1]

😭😭

[@GetOffMyy]

@3D Animation Geek some people so stuck in their bubble they don’t see the reality of the other side. Even if I wanted to, I can’t just up and go to school. Lol

[@josephsmith9663]

"Treat every dollar like a worker" That's real

[@spatty2589]

That's true but... 30 years ago most of us didn't know. Great to know to plant the seeds today!

[@crystalrubbie9383]

There ain’t nothing more attractive then a well spoken educated black man 👑👑❤️❤️💯💯💯

[@vonneal1]

You betta say dat!!!

[@Seaseacs]

What's the name of the account that was mentioned to start at 6k?

[@starfox_wr-45e93]

@@Seaseacs According to the captions, its "roth ira" we need to be looking for, princess. I listened three times and still didnt catch it. Time to do my googles. That leads to a nice Segway: Does "Self-educated" count at all, ladies?

[@linzierogers7479]

Acquiring wealth requires a change in behavior and a laser focus on financial progress. Try never to be around any person, place, or thing that stands in the way of this. Always have income from more than one source other than a job. Make your money work for you. If you don't know about real estate, stocks and bonds, or owning a business get busy finding out how it's done. It's a cold world. If you want to get warm and stay warm you had better learn how to build your own fire and be careful who you let near it to warm themselves.

[@86davecook]

What would you recommend to learn about investment

[@PercyGalore1]

Best thing i watched all day

[@mizzpicklezz]

Pensions are so uncommon these days. The thought that working 30 years...is incredible...

[@NineEightSeven]

This isn't just the black community. This is Americans in general.

[@XxColourGoonxX]

Facts, like it ain’t a general issue

[@midnite8729]

The working class :(

[@marioshort6574]

That's what's wrong with us we worried about everyone else when were the ones high in unemployment we spend more money then everybody put together we dont own nothing focus on our ppl

[@jamesanderson3913]

@@marioshort6574 Exactly! Blacks cant get access or red carpet treatment on certain things so we have to worry abt us... Who else gonna do it? Teaching moment but others see it different.

[@Eye_See_U]

Thank You as Always Rashaad and Troy. Also shout out to the God Ian thank you as well ✊🏾✊🏾✊🏾✊🏾

[@marquezvaughn]

In school they teach you how to be a worker not a boss.

[@sulemandukuray2165]

💯💯

[@minnesotamatt1980]

Exactly

[@SNOWMINATTI]

Make it make sense,if everyone is a boss&there are no workers smh

[@MyDirt01]

We need the full interview for this

[@SA-Cali]

kzbin.info/www/bejne/e5vSeXqqa9iNhsU

[@Vdub481]

Indeed

[@jstatic5697]

Its up

[@hao_9388]

Treat every dollar like a worker, truer words have never been spoken. I just wanted to say however, there's nothing inherently wrong with working 2 or even 3 jobs, it' what are you doing with the money that's the issue. Are you investing the income you make from those 3 jobs? Or are you simply buying consumer goods to impress people you don't like and then saving the rest in a low interest rate account?

[@stefanyb7573]

One of the best messages ever told 💯

[@MrJuiceman97]

If I don’t touch no money that’s a sad day

[@mikebrownbassist802]

You have to have money in the first place before it can “work for you”. You have to work hard, live below your means, and invest the difference

[@HazeyCazeyTv]

Spend with your people like immigrants do.

[@kmurr8571]

Thassa fact!

[@remywhite4377]

How does spending with my people help my money grow?

[@Polostar79]

Our people don’t own what we need to sustain the community.

[@n.m9291]

I feel like Americans in general work too much, compared to other countries. We typically get 2 wks of vacation time but dont always use it....we just keep working all year! (Other countries get up to a month vaca time)

[@adamr8098]

yep

[@TedPatrickBaird]

Powerful ideas!

[@dynamitedingo7720]

Treat every dollar like a worker

[@sosmoney7721]

Heavy 💎 💯

[@BC-gn1vo]

It’s not how much you make, It’s How Much You KEEP!!! I’ve made LESS per hour than some people, but ended up with more in my pocket b/c they’d BURN THROUGH THEIR’S. 💸

[@Chrissita]

Just broke that down in under 3 minutes "Have your money work hard for you... I had to work to get you, now you have to work for me... Need to have every dollar working"" make your dollars your employees folks

[@keithmurray3827]

Shit spoke loud to me

[@obinnambachu7631]

powerful and profound

[@Lospaghetto]

My mom worked 4 jobs and she was always broke because the government took most of it

[@Grimeyknowledge]

You've heard this before if you read Rich Dad Poor Dad....Think And Grow Rich The Title Of The Book Speaks For itself......The Black Community Should Educate Themselves Outside Of The Formal Education We're Accustomed To.

[@freddiemack1285]

Real talk

[@stfu4159]

Another myth too is get a college degree, will equal success.

[@lisacox3750]

We have to be careful about that. Your comment should come with an asterisk. It depends on what you are trying to do and what your definition of success is.

[@mr.benjamin2478]

Man I needed to hear this. I blew my 28k on bullshit. This year I’m gonna start my own business

[@VanessaElizabeta]

Thank you for this.

[@WallstreetTrapper]

We change the culture by first changing the mindset around money. We mater the money or the money will master you... We the leaders of the new school.. S/O my brothers from @earnyourleisure

[@SharpWitted]

You have inspired me bro

[@antclerfont8478]

Wow... If I had learned this growing up, I would've definitelynhad a different mindset on getting money anywhere.... But unfortunately in stuck in my own work hard situation..

[@HJCOD]

I feel you on that..

[@antclerfont8478]

@@HJCOD Yea. :(

[@EmHotep4520]

Greatest myth? Answer: Black Buying Power.

[@twopeople158]

Big Facts

[@justus9651]

Thank you.

[@establishresist8780]

But they dont say how to make it work for you..

[@callmek8372]

gotta pay 4 that

[@pititokicks]

No you dont. They have a youtube channel called eyl. They put you on game

[@callmek8372]

@@pititokicks that too

[@AMGGT63DRIVER]

You have to invest money via real estate & stocks, for example.

[@manutdfan.wearethebestinth3756]

The greatest financial myth taught in the black community is black stations and black celebrities telling blacks they're victims.

[@StephieA]

Welll said I keep tryna teach ppl to invest but everyone is scared

[@RickyBobby213]

For real. I try teaching everyone, but they say, Imma look into it, and never do. .i even tell em to open their work 401k so work can match them, but they dont want that 10% to be invested.

[@100BlaQRaok.el_1]

Too, working on a job focusing on retirement is death in itself in many ways. Most people that I have came across that have been on "The job" for years do very little after there retirement accept those who invested time also in their own ventures. If one works for someone they need to divide their time to do anything that is not about the "JOB" system.

[@mopearls]

This was awesome! Thank you

[@KreyzAim]

30 years for a ‘pension’???.... I didn’t even know that was the endgame(Millenial)

[@Sirqle]

Hard facts.

[@MarieHolliday]

So true

[@amuiquaye2976]

Nice show, this platform should use to promote black business and black investment.

[@yourfriendmimi]

100% agree with this! I’ve been investing and trading for years and think of my dollars like little workers working for me. It makes you think of how you spend your dollars.

[@tiffanifloyd1552]

Such good advice!!

[@nscales20]

Where’s the full video of this?

[@ladysweetslime2388]

Wow this guy talks soo much sense. Soooooo True!!!!. Everyone should hear this. Work Smarter Not Harder. Make your money work for you and don't burn yourself out!!!. 🤑🤑🤑🤑🤑🤑🤑

[@ACharlesmusic]

Dropping Gems

[@jocelynejean9911]

This is not new information. Robert Kiyosaki wrote about this over 20 years ago in "rich dad poor dad". If you do research on how people get rich you will get the same information these guys gave. Start using the internet to empower you not just entertain you.

[@chadbailey7038]

The message needs to come from multiple sources. Not everyone had the luck to be introduced to Robert Kiyosaki at an early age. I didn’t discover him until I was 35. Hopefully they get the info from these dudes sooner. It’s all going to the same end goal 🙌🏾

[@StartSomewhereMedia]

Great work boys

[@peaceking7526]

Needed this

[@roberthall6161]

Work efficiently.

[@Skydreaming7]

Real shit 💯💯

[@karimbennett5651]

Hard work is only loosely correlated with success. And that’s a really weak correlation. Better to own stocks and real estate.

[@melvinlovejones9722]

I'm in agreeance regarding the first myth mentioned. I understand working hard at first to figure out how to work smarter later.

[@milesjones8931]

Where is this whole interview? It’s about time you all brought up EYL. Come Up Series and Wallstreet Trapper next!

[@jstatic5697]

It's up already

[@Tunechi65]

Spotify

[@crystalrubbie9383]

Quick 30😩😩 that’s your life 😅😅😂😂

[@RIDINGWITHRALPH]

I would also say when people say don't do business with family..

[@dariengregory3160]

Big facts.

[@options4keys]

True talk 👏 👂

[@peteroc4]

I think it's half right. They way you gain wealth is multiple streams of income(with low to no DEBT). I work a 2nd jobs to supplement my 1st job, bc I still want to contribute $16k/yr to my 401k so I can retire early. I could contribute less to cover daycare and things BUT I won't be able to retire early.

[@AMGGT63DRIVER]

Diversifying income is the myth the government tells middle class folks. Billionaires often have only ONE great thing that they bet the whole house on. Henry Ford went all in on cars, Gates went all in on Microsoft, Jeff Bezos has Amazon, Zuckerberg has Facebook, etc.

[@peteroc4]

@@AMGGT63DRIVER but how will I really attain compounded interest to retire early. Multiple incomes...I'm not living a minimalist lifestyle. I'm not selling nothing nor do I want real-estate. Different strokes for different folks. Also, I'm not killing myself either. This is short term. You can't burn a candle at both ends.

[@lisacox3750]

@@peteroc4 You are fine, you are doing it the right way. Don't get discouraged.

[@Shiloh_Speaks]

How this doesn't have 33M views from the black community, I'll never know.

[@ryrilo5078]

WHY ARE THERE NO LINKS OR EXPLANATIONS ON WHO THESE BROTHERS ARE?

[@ericjones3920]

Right on point

[@millionheirmindsetllc]

They finally got a good interview Breakfast Club been lacking

[@amuiquaye2976]

Financial security is key for Black communities

[@WatchMilesTV]

That’s a bar!

[@Kimoracoxx]

Let your money work for you 🤑🤑

[@amuiquaye2976]

Black wealth is a topic for this century.

[@maxpower6979]

Rich people do work hard. They spend alot of time on their endeavors. They just spend the time effectively. They dont just sit and let $6000 investment build for 50 years. They multitask and spread the hustle. They work countless hours trying to figure out how to make more money. Pensions are not to be dismissed. It is an investment that is working for you. A pension is money taken from your paycheck and invested collectively with other members of the company/organization. When you reach the age of retirement, it is a check that you get every month for the rest of your life...without having to work. So in essence your money is working for you at that point. People need to be a bit more informed before then crap on pensions.

[@philD841]

What kind of account did he say?

[@730F-Sport]

Roth ira

[@Chupas1150]

You just don’t wanna work bro

[@tiffanybarnes8286]

Is thay a problem though? Especially as most complain about work and feel like slaves with their lives literally taken away from them. Big reason folk want to play a lottery and win millions😂😂 so they can quit and be stress free. And just live!! Many love to work as their jobs are their dreams, such as people in the science labs or chefs. Like not everybody wants to work, especially in a society where all we focus on is work just to be able to afford health insurance and being able to pay bills

[@nicoleward6520]

12% interest rates are unheard of today, I recall it being lucrative interest rates about 40 years ago when those financial investments were paying out high interest rates. Exactly, if they were paying that much today you can be financially set.

[@briansmith8902]

Correct, right now the best I've seen is 7-8 percent. So his math is off by about 965k lol, still appreciate that the brothers are helping educate our community.

[@nicoleward6520]

@@briansmith8902 Now, where have you seen 7% because I will invest right now.

[@briansmith8902]

@@nicoleward6520 I just did a little surface research a saw 7-8% was on average but the more I look in to it I can't find anyone even offering 7% lol

[@nicoleward6520]

@@briansmith8902 Right! I have seen annuities with about 3-4 percent which is the highest I have seen in the last 15 years now. So, I am about to take advantage and put money into my mothers annuity 4%

[@briansmith8902]

@@nicoleward6520 Thats awesome, you seem to be very versed at this subject. Good luck on your financial journey!!

[@gueyejefferson]

I agree, but timing is important. If you work hard in school you can secure a decent job paying at least 50k a year. If you worked hard at school and placed into an elite school, no issues getting a good job and insuring stability. Also, idk if he is evaluating inflation into the equation when he talks about making your child into a millionaire cuz that doesn't seem realistic. On the other hand, I like where he is talking about using money get money . This is the difference between the rich and middle class. Saving money is not how you get into the top 1%. You need a way to leverage your debt to finance your business ventures.

[@AMGGT63DRIVER]

Problem is, $50,000 a year is really $30,000 a year after taxes, so you're ultimately poor. Real financial freedom is awarded to entrepreneurs bc the government provides tax breaks and/or tax shelters, tax write-offs, etc. Becoming an entrepreneur & investing money are two of the best ways to get ahead in life.

[@lanceburns9100]

Love earn your leisure

[@michaelmetroke3155]

Facts.

[@alexdewayne9392]

2:15. Yep. If everyone in America pulled out their money out their bank at the same time, watch how much problems its finna be.

[@TheCarrotCampaign]

Working 2 jobs temporarily to save up that nest egg of savings! My motivation is knowing this won’t be forever if I’m smart with it.

[@bcrudup1]

Facts!!!

[@uptowngregory6947]

To everyone watching this video. Please look up the richest man in Babylon, by George Clayson. It will help you understand more about what these men are talking about. ✊🏿B1

[@How_2_Man]

See everybody on that DJ Vlad shit posting all these flashbacks 😂😂😂

[@steevehoyoufat9155]

Whhaaaattt? EYL hitting new heights!

[@curleybessard5485]

No, it's what you do with your money, that's what not being taught. This is old news🤣

[@riddickj16]

My thoughts exactly

[@marioshort6574]

Haters everywhere always us gotta say something negative dont comment then just dont watch how about that because alot ppl don't know

[@vincemunoz7425]

Amazing

[@kzmla]

$6000 into a Roth IRA for your child? It's google time baby.

[@Polostar79]

If your child earns a paycheck you can open a Roth IRA for them. I opened one for my 17 year old when started working.

[@xerodefects]

These lies are told to everyone not just black people.

[@idesireu609]

Who are they?

[@KinkyKeeks]

Earn your leisure on youtube

[@minh1b]

you know, stop saying black community its the humans community, i dont care if your white black asian american or whatever. Your a human.

[@Polostar79]

GTFOH with that Dave Ramsey we are all Americans bullsheet

[@ant40oz]

Bruh 100... let em know

[@goat7844]

Just remember this. Make good decisions for yourself long term and short term. The Stock market has Crash many times before and it will crash again. Must people know not to trust banks. They have a long history of Marginalized black People. Skills pay the bills. Become a Entrepreneur.

[@AMGGT63DRIVER]

Entrepreneurs use leverage & banks to fund their businesses.

[@goat7844]

@@AMGGT63DRIVER not all. Most entrepreneurs receive funds from private investors, family members or close friends. Most people trust credit unions over big banks.