15 Money Habits That Keep You Poor

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  • Опубликовано: 26 дек 2024

Комментарии • 2,1 тыс.

  • @ocsspot
    @ocsspot 3 года назад +418

    MONEY
    "If you can't buy it twice, you can't afford it." Yes.

    • @Mrbfgray
      @Mrbfgray 3 года назад +8

      Great line new to me.
      That's definitely the way I approach rare big discretionary purchases, "buy it twice" cash up front.

    • @ocsspot
      @ocsspot 3 года назад +5

      @@Mrbfgray That's definitely the way I will start approaching relevant purchases from now on.

    • @Mariposamoonshine
      @Mariposamoonshine 3 года назад

      NOh in

    • @davidadfali7080
      @davidadfali7080 3 года назад +1

      Holy Jesus...... What a word.. Thanks for this

    • @kthomas5149
      @kthomas5149 3 года назад +8

      I don’t get it? Like say you wanna buy candy bar, if you can’t afford to buy 2, don’t buy it? Or if you want to buy a couch, if you can’t afford 2 don’t buy it? Is that what you’re saying

  • @internetjunkie5241
    @internetjunkie5241 3 года назад +380

    Unnecessary relationships can be a money pit and a distraction to achieving your goals . #Facts

  • @mack-uv6gn
    @mack-uv6gn 3 года назад +204

    Most people don’t invest because they are afraid to fail.

    • @fleurdepapaye9635
      @fleurdepapaye9635 3 года назад +8

      I don't think so, because they need to secure the fundamental needs and security payments first
      Investation is beyond that two steps

    • @Mrbfgray
      @Mrbfgray 3 года назад +3

      @@fleurdepapaye9635 In America that means they have zero monetary discipline or financial acumen. They think nothing of dropping $5 for a coffee, $10 for something else they don't need every day, that's several grand per yr which is a fortune over a life time. Also they pay double or triple for everything with credit.

    • @TRINI333
      @TRINI333 3 года назад +4

      That's ironic, because not investing at all is a set up for failure in making passive income.

    • @vluri258
      @vluri258 3 года назад +5

      Im afraid of falling for something I don't 100% understand, which will help me lose my hard earned money. I won't put even $100 into any stock because if I lose that, a full day of my life had been wasted, not to mention the time it took to find the stock.

    • @TRINI333
      @TRINI333 3 года назад

      @@vluri258 Hmm, true. But if you win, you win.
      The market is for risk takers, but we decide which risks we're willing to take; be it with $5, $50, or $500.

  • @GHerrera90
    @GHerrera90 3 года назад +375

    Microspending. Every day spending 15 bucks in the gas station or "Dollar" Stores. Quickly adds up.

    • @ARpirateant
      @ARpirateant 3 года назад +50

      My coworkers call me cheap cause I make my own coffee and bring my snacks from home. They always spend around 10-15$ a day at gas stations and coffee

    • @K1R_8
      @K1R_8 3 года назад +4

      Tesla

    • @ghostwriter5795
      @ghostwriter5795 3 года назад +9

      Even though I had a sense that’s my problem it just didn’t seem like it. But you just confirmed my suspicion.

    • @GHerrera90
      @GHerrera90 3 года назад +19

      20 Workays x $15 = $300 a month = Aprox $3,600 a year.
      Spent on forgetful snacks.

    • @ghostwriter5795
      @ghostwriter5795 3 года назад +17

      @@GHerrera90 the scary parts is it’s more than 15 dollars a day for me. I got to break this habit Fa real.

  • @antoniohandel8332
    @antoniohandel8332 2 года назад +133

    When you stop learning, you get left behind. Never stop
    educating yourself

    • @velentevictor9435
      @velentevictor9435 2 года назад +1

      @Dana Andrioaie You have a point, lately I found out that we have lots
      of opportunities to become financially free but most
      times we let this opportunities pass

    • @velentevictor9435
      @velentevictor9435 2 года назад +1

      @Dana Andrioaie Just like bitcoin, got to know about bitcoin from a
      friend 6 years ago but didn't see any reason to invest
      it it then, that's one decision I regret everyday

    • @rachealtims
      @rachealtims 2 года назад +1

      @Dana Andrioaie exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work

    • @mahasabek3961
      @mahasabek3961 2 года назад +1

      @Dana AndrioaieTrue, building wealth requires developing positive mind as we live in a world full of great opportunities but many still miss out

    • @mahasabek3961
      @mahasabek3961 2 года назад +1

      @Dana Andrioaie earning $45,000 from the comfort of my home save me from financial crisis during the covid, lost my job had little to nothing but a friend introduced me to binary option trade and that was the story changing moment of my life. Bitcoin investment saved me

  • @mr.grayson5700
    @mr.grayson5700 3 года назад +116

    To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

    • @muffins691
      @muffins691 3 года назад +3

      You're absolutely right, your words really caught my attention.

    • @ThomasJamesPropertyInvestiing
      @ThomasJamesPropertyInvestiing 3 года назад +1

      Wow! Wise words you've spoken, I'm quite impressed ..... Bravo 👏👏

    • @ThomasJamesPropertyInvestiing
      @ThomasJamesPropertyInvestiing 3 года назад +1

      @@muffins691 I think this is a truth that must be told to ourselves and generations to come.

    • @johnny8643
      @johnny8643 3 года назад +2

      Yeah, but what lucrative business or job would one venture into right now?

    • @rabisabir2305
      @rabisabir2305 3 года назад +1

      @@johnny8643 Most people will sit back and play with everything of life and surely they’ll be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracting....BE WISE✅🚀🚀

  • @TheDanaYiShow
    @TheDanaYiShow 3 года назад +55

    "if it's on sale but you don't need, don't buy it" this is gold!

    • @alux
      @alux  3 года назад +5

      It seems obvious but so many people don’t get it

    • @insight1239
      @insight1239 3 года назад

      cap

    • @AyathuthukaMhlongo
      @AyathuthukaMhlongo 6 месяцев назад

      THATS WHY YOUR POOR!😂😂😂​@insight1239

  • @oussama200186
    @oussama200186 3 года назад +89

    "If you can't buy it twice, you can't afford it". I love this sentence. It is so true when i think about it.

    • @donkaster9738
      @donkaster9738 2 года назад +1

      If I can buy $30 000 car twice, it doesn't mean I can afford it, if all I have is $60000 cash. In my books I can afford $30 000 car, only if I get $60000 of passive income. Always measure your "wants" as percentage of your passive income.

    • @paulfaulkner6299
      @paulfaulkner6299 2 года назад

      @@donkaster9738 What percentage would you say?

  • @AnthonyJK1982
    @AnthonyJK1982 3 года назад +82

    I wish this channel and this video specifically had been around for me to watch like 13-14 years ago. It would’ve saved me so many headaches and stupid decisions.

    • @missa1095
      @missa1095 3 года назад

      I'm grateful learned this early.

    • @liisakwooko3680
      @liisakwooko3680 3 года назад

      Exactly

    • @valariewillis6815
      @valariewillis6815 3 года назад +1

      Read the book "The Millionaire Next Door". Should be required reading for ALL High school students

    • @sir.vumisa5184
      @sir.vumisa5184 3 года назад

      ruclips.net/video/XnHBKdwTHuY/видео.html

    • @zz-do7dy
      @zz-do7dy 3 года назад

      Same here 🤣

  • @walkingthroughdusk
    @walkingthroughdusk 3 года назад +24

    1. Taking poor money advice from poor people
    2. Gambling & Lottery (luck isn't a strategy)
    3. Spending money on things that you want but don't need
    4. Not knowing how much money you spent last week month and year
    5. Spending money you don't have on things you can't afford anyway
    6. Trying to keep up appearances
    7. Having only 1 source of income
    8. Wasting money & time usually on entertainment
    9. Going yolo: thinking short term rather than long term
    10. Not learning how to invest & being afraid to change
    11. Spending first and then hoping there's something left to save or invest when you're done
    12. Paying too much in taxes
    13. Unhealthy lifestyles
    14. Wanting money to be easy and fast
    15. Staying poor is a choice
    16. Limited vs Unlimited Output

  • @Jose-ht2lw
    @Jose-ht2lw 3 года назад +56

    Number 3 is true. Some poor people are walking ads and billboards, advertising brands. Buying expensive brands and keeping them poor. 😑

    • @lazyguycooks6244
      @lazyguycooks6244 3 года назад +2

      This is so true.

    • @jo4285
      @jo4285 2 года назад +1

      Thats my wife!!! 😂🤣 Lucky for us i been investing in the stock market and currently invest 20% in my 401k.

    • @staciefreshener4032
      @staciefreshener4032 Год назад

      I think being poor or rich isn't about money but the decisions and mindset. I'm a poor person based on my money sure , but if I save and invest and try to earn more then atleast my mindset is slightly less poor. Poor people sadly are perfect opportunities for business. I know that true business atleast in highest profit is never ethical , legal sure but not ethics. They will do whatever to get sold. I don't even trust schools in terms of when they justify something to buy as extra classes or whatever.

  • @davidnagy-gyoergy8629
    @davidnagy-gyoergy8629 3 года назад +34

    You guys changed my life on the way that I started to watching the people around me and through your videos now I am understand what does "fake rich" mean. I wouldn't say I was on a completely wrong way before but now I know how the good way into the wealth looks like. My little side business is just before launch and I am thinking always before I am paying in the supermarket do I really need everything? I started to save money when I was 19 now I am 21 and I think I am on quit a better way to be wealthy. If I won't be a billionaire then I won't be but I won't die poor! Thank you very much you guys you are amazing and I am already curious for the next Video! (my 👍is the biggest one from all)

    • @alux
      @alux  3 года назад +6

      Thank you for being an Aluxer David! Your words mean a lot!

    • @MarvelBestClipsAlways
      @MarvelBestClipsAlways 3 года назад +3

      @@alux Your videos Also Means a lot to me...Inspiring, Life changing Videos..Keep it up..

    • @missa1095
      @missa1095 3 года назад +1

      Salute!!

  • @gwillis01
    @gwillis01 3 года назад +26

    One of my favorite proverbs is "I don't need luck because I am highly skilled."

    • @alphaomega17
      @alphaomega17 3 года назад

      Everyone needs Jesus because with him those skills can go away and after death hell awaits

    • @lunalara6678
      @lunalara6678 2 года назад +2

      @@alphaomega17 jesus make you more poorer than before

    • @alphaomega17
      @alphaomega17 2 года назад

      @@lunalara6678 Until now you have asked for nothing in my name. Ask and you will receive, so that your joy may be complete.
      John 16:24
      When he had finished speaking, he said to Simon, “Put out into deep water, and let down the nets for a catch.”
      5 Simon answered, “Master, we’ve worked hard all night and haven’t caught anything. But because you say so, I will let down the nets.”
      6 When they had done so, they caught such a large number of fish that their nets began to break.
      7 So they signaled their partners in the other boat to come and help them, and they came and filled both boats so full that they began to sink.
      8 When Simon Peter saw this, he fell at Jesus’ knees and said, “Go away from me, Lord; I am a sinful man!”
      9 For he and all his companions were astonished at the catch of fish they had taken,
      10 and so were James and John, the sons of Zebedee, Simon’s partners. Then Jesus said to Simon, “Don’t be afraid; from now on you will fish for people.”
      Luke 5:4-10
      Jesus gives you more than you could ever imagine

    • @luisostasuc8135
      @luisostasuc8135 2 года назад

      @@alphaomega17 tithing is made to keep people poor and the scammers in the churches in easy money

    • @alphaomega17
      @alphaomega17 2 года назад

      @@luisostasuc8135 you must not know many people in churches, many, many give much more than 10% because God blesses above and beyond what your limited mind thinks

  • @paulingram1927
    @paulingram1927 3 года назад +15

    The philosophy of the rich and the poor is this, the rich invest their money and spend what is left. The poor spend their money and invest what is left.

    • @badguy150
      @badguy150 5 месяцев назад +1

      Sometimes the poor don't even invest

    • @theoneafterthelast
      @theoneafterthelast Месяц назад

      The poor hardly invest in the traditional sense.

  • @davidmontroy3408
    @davidmontroy3408 3 года назад +3

    One of my income streams, comes from buying distressed properties, rebuilding them for resale or rental. House flipping, includes some risk, but if properly handled, can pay off well. One very common factor I have noticed with these properties, was every single one had some kind of satellite TV dish on them. So for houses that were generally used by people seasonally, as a summer beach getaway, unoccupied for winter months, they always seemed to have entertainment in common. Most of the properties would eventually be inherited after the owners pass away, by heirs that may have never even seen them. Since the tax bills would many times be ignored, these houses would get seized and auctioned by their towns for back taxes.

    • @aluxera4265
      @aluxera4265 2 года назад

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 года назад +25

    Most people are poor, therefore most people shouldn’t be giving you money advice.

    • @alux
      @alux  3 года назад +2

      It wouldn't be a daily video without you Casey!

    • @Potatoroomr
      @Potatoroomr 3 года назад

      Casey I need to get in touch with you dude. You have a similar mindset and I can see you’re well driven respect! On your most recent video as of now I’ll drop some contact information. Reach out when you can and be well

    • @CaseyBurnsInvesting
      @CaseyBurnsInvesting 3 года назад +1

      @@Potatoroomr hit me up on ig my friend.

    • @Potatoroomr
      @Potatoroomr 3 года назад

      @@CaseyBurnsInvesting will do

  • @wilburtmoreno469
    @wilburtmoreno469 3 года назад +65

    getting out of poverty is harder than you expect

    • @itsbeyondme5560
      @itsbeyondme5560 3 года назад +7

      Yes but better than nothing

    • @MsLinaPeanut
      @MsLinaPeanut 3 года назад +15

      You have to start somewhere! And commitment is key! Listening to channels like this kept me focused and helped me pay off my 18k debt in under a year! Found two other side hustles and kept my eye on the prize!

    • @Yugiboii
      @Yugiboii 3 года назад +19

      Staying in poverty is also hard, pick your hard.

    • @charlesg7926
      @charlesg7926 2 года назад +5

      It was hard for me to escape poverty when I wasn’t thinking creatively, when I was just an employee, when I was flabby and drank alcohol/smoked weed. Once I quit alcohol and weed 100%, prioritized fitness, and started my remodeling business, I got wealthy FAST.

    • @charlesg7926
      @charlesg7926 2 года назад +1

      It’s funny how quickly people will give you a $3000 or $5000 down payment check, when they see that you’re muscular, well groomed, sober, looking healthy, and talk knowledgeably about the product/service.

  • @silverfranklin508
    @silverfranklin508 3 года назад +88

    Investment are stepping stones to success, investment is what create wealth

    • @jessicamolly9733
      @jessicamolly9733 3 года назад +1

      When you invest you're buying a day you don't have to work

    • @simontrees5289
      @simontrees5289 3 года назад

      Assets that can make you rich

    • @simontrees5289
      @simontrees5289 3 года назад

      Bitcoin
      Stocks
      Real estate

    • @gwencaster8470
      @gwencaster8470 3 года назад

      @One Big Happy Life It's not ignorance but due to some unprofessional expert in the market

    • @hanksflowell2994
      @hanksflowell2994 3 года назад

      I'm from Spain I have been an Investor in the crypto market for over 2 years now

  • @skylinec83
    @skylinec83 3 года назад +105

    “If you’re binge eating on the couch while watching anime….POOR!!”
    Ouch this one hit too close to home.

    • @jimbeam4736
      @jimbeam4736 3 года назад +12

      You can be binge eating while watching unrealistic youtube videos that make you hate yourself.

    • @justinblackfacetrudeau8943
      @justinblackfacetrudeau8943 3 года назад

      @Geoffrey Harris Commenting on youtube videos is for losers!

    • @sir.vumisa5184
      @sir.vumisa5184 3 года назад

      ruclips.net/video/XnHBKdwTHuY/видео.html

    • @heyjude2109
      @heyjude2109 3 года назад

      🤣

    • @Yugiboii
      @Yugiboii 3 года назад +1

      And I took that personally… 😂😂

  • @amolbharat4970
    @amolbharat4970 3 года назад +15

    Money.
    Often wealth and money are in proportion to our values that we give.

  • @michaelfordham3968
    @michaelfordham3968 3 года назад +355

    WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS

  • @spellbindah
    @spellbindah 3 года назад +16

    You know, coming from an extremely wealthy family growing up I found out that money is not everything. Ask a billionaire whose daughter needs a bone marrow transplant that his money can't buy if money is everything! Rich is not measured in how much money you have, it's how much quality time you have left

  • @samph3315
    @samph3315 3 года назад +27

    About 20 years ago a friend told me that you can be young and poor but being old and poor really sucks. My dad had a sister who was the only one that never got traction on a career.
    Her state of poverty was upsetting for the whole family. Two of her sisters were social workers who between retirement, social security and investments would have had easy retirements if it wasn’t for the stress of having to help her out. (She did have a son who had his own financial struggles.)

  • @franckimmobilier1286
    @franckimmobilier1286 3 года назад +9

    Honestly speaking, this channel offers way more value than the get in return, it's just mind blowing

  • @MaryLindo
    @MaryLindo 3 года назад +8

    Don’t be scared of the new, embraced it and you will be rewarded for it.
    MONEY

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 года назад +49

    Alux changed my mindset to a rich mindset when I was massively in debt and working a dead end job. I was allowed to wear headphones on the job and Alux came waltzing into my life. Very thankful, you should all subscribe if you haven’t already.

    • @jinsimmz7679
      @jinsimmz7679 3 года назад

      Good job on the change of mindset man it's good to know that others listen to it at work as well your headphones that's the only reason why I pay the 10 buxks premium for RUclips I try to listen to it everyday

    • @GeoGallagher
      @GeoGallagher 3 года назад +3

      Well said, Casey Burns. Alux, podcasts and similar replaced music and news in my daily routine.

    • @carlostosado8965
      @carlostosado8965 3 года назад

      AirPods at work is a great opportunity to learn new things. Love putting them in at work almost makes it seems I’m not there.

    • @olly2027
      @olly2027 3 года назад +1

      I’m trying to buy stock and painting.

    • @Ikruzbeats
      @Ikruzbeats 3 года назад

      @@olly2027 what stock do you intend to buy

  • @Manuel-gu9ls
    @Manuel-gu9ls 3 года назад +44

    If you want to ride a Roll Royce, stop taken advice from Toyota drivers
    You’re video has been helpful as always....

    • @alux
      @alux  3 года назад +1

      Yep

    • @yanieso6806
      @yanieso6806 3 года назад

      Roll Royce is my dream car 🙏🏻

    • @Manuel-gu9ls
      @Manuel-gu9ls 3 года назад

      @@yanieso6806 same also Maserati and Bugatti and Aston Martin

    • @Brabusrocket800
      @Brabusrocket800 3 года назад +2

      If wou want to ride a Rolls Royce, stop taking advice from "Roll Royce" drivers. :D

    • @Manuel-gu9ls
      @Manuel-gu9ls 3 года назад

      @@Brabusrocket800 🤦‍♂️

  • @lefakoaho2194
    @lefakoaho2194 3 года назад +13

    This video is so good and helpful Alux is the best,these are the types of videos we need.financial literacy is important 💯

  • @thomashill3504
    @thomashill3504 3 года назад +19

    the consumer mindset can lead to self-ruin. great video Alux.

  • @HenryEfeiam_topnotch08
    @HenryEfeiam_topnotch08 3 года назад +44

    Entitlement mentality and being lazy actually keeps people poor

    • @vivhiggins5656
      @vivhiggins5656 3 года назад +4

      How right you ar,

    • @luisostasuc8135
      @luisostasuc8135 2 года назад

      yeah, it must be that instead of people getting bankrupt from medical debt! in the richest country in the world too!
      /s

  • @becausev8251
    @becausev8251 3 года назад +11

    Big thanks 😊 I got 30 this year, and I understand that I lived very very wrong until this year.. but I am starting to understand all the tips and tricks of this life 😊🙏

  • @BrandonClark-StocksPassports
    @BrandonClark-StocksPassports 3 года назад +5

    Dying broke is the most noble thing to do.
    Rather spend all my money and enjoy my life then leave cash to family members and kids who dont appreciate you anyway

  • @WealthbuilderzTV
    @WealthbuilderzTV 3 года назад +14

    That opening line “everyday you choose if your going to be rich or broke”. So deep

    • @themooninvestment2929
      @themooninvestment2929 3 года назад

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•

  • @hangas-s1507
    @hangas-s1507 3 года назад +43

    MONEY Thank you for today s episode. My grandfather used to say that no-one was born knowing everything. But if time goes on and you re still unknowing, that s the shame of yourself. He was a self made upper middle class person from having absolutely nothing, growing up in-between WW1 and WW2. (sorry, I lost my apostrophe somewhere along the way). I own stocks and shares.

  • @victory9015
    @victory9015 3 года назад +31

    If you earn every month 6000 and spend 1000-2000 every month you are basically rich!

    • @rmfinance1781
      @rmfinance1781 3 года назад +3

      This is what I was doing all of 2020. I was deployed overseas in Kuwait through the reserves. I was making almost 7000 a month (tax free) and was only spending 1200-$1500 on bills. I was pocketing over 5 grand a month.

    • @maryscottoconnor1203
      @maryscottoconnor1203 3 года назад

      No. You’re not. You’re well off. You’re not rich.

    • @rmfinance1781
      @rmfinance1781 3 года назад +2

      @@maryscottoconnor1203 you're right. Rich by definition is $2.3 million. To poor people 100k is rich. I remember my first job in corporate America back in 2012 I thought 45k was rich. That was until I saw those CA taxes. 🤣

    • @victory9015
      @victory9015 3 года назад +1

      I said basically guys!

  • @adrianok4266
    @adrianok4266 3 года назад +34

    In November last year, I took the plunge to buy stocks... 30 years old and aiming to grow my own wealth... good luck fellow Aluxers 👍

    • @alux
      @alux  3 года назад +3

      Best of luck Adrian!

    • @misterxavier2479
      @misterxavier2479 3 года назад

      Same here im 26 and I feel like I need to get my finances straight. I just started to invest in crypto

    • @olly2027
      @olly2027 3 года назад +2

      Same.

    • @joecopper2241
      @joecopper2241 3 года назад

      @@misterxavier2479 I made over 8btc from a crypto trade in just 13 days of trade

    • @howardjake5545
      @howardjake5545 3 года назад

      @@joecopper2241 8btc???
      How please?

  • @glenchaos9
    @glenchaos9 3 года назад +38

    This was literally the perfect video I needed to watch right now, I know the final steps I need to take to change my life 🙏🏾💙

  • @mars_z7851
    @mars_z7851 3 года назад +9

    I am happy that I get to know something meaningful and productive things to learn from this channel, thank you Alux

    • @alux
      @alux  3 года назад

      ROHANNNNNN!!! Always great to see you!

  • @videostellall
    @videostellall 3 года назад +2

    1) put all effort into your job, no matter what it is and how crappy it is. 2) Make yourself the expert at your job; make yourself too valuable to get rid of.. 3) Volunteer for the shit details 4) Mentor the younger workers to take your place. 5) Don't get comfortable in your job. When you are too comfortable, and getting bored, start looking before you lose value. If you do 1-4 successfully, you won't have to worry about getting a better job because you will get people trying to hire you away from your current job.

  • @vernlivingthefloridadream7370
    @vernlivingthefloridadream7370 3 года назад +32

    I think tattoos should get an honorable mention. I personally know people who sleep on their friends couches but are always talking about their next tattoo.

    • @vinsanity40k
      @vinsanity40k 3 года назад +7

      yeah, i've known people who think nothing about spending hundreds on ink and then wonder why they can't keep their bills paid

    • @marcusbrown188
      @marcusbrown188 3 года назад +10

      People with piercings especially with nose piercings. Not only it’s trashy, it also cost money and physical pain. I lived in a poor neighborhood and then a rich neighborhood….it’s a huge cultural difference because u can find flashy stuff at poor neighborhoods and simple stuff at rich neighborhoods. Piercings and tatts in poor area. Clean taken care of skin in rich areas.

    • @missa1095
      @missa1095 3 года назад

      Hehe

  • @accidentsafe
    @accidentsafe 3 года назад +11

    I don’t have kids, I kinda want my money to run out at the same time I do.

  • @sanketsaha1631
    @sanketsaha1631 3 года назад +8

    Money! Something I learnt is value of commitment. If you value your word, your value increases exponentially. These are people we want to work with cause they make things happen.
    If you don't value your word, world won't value you...

  • @mikef.606
    @mikef.606 2 года назад +10

    "Every time you buy something you don't need, realize you've been marketed to."
    I'll take this one with me for the rest of my life. Thanks.

  • @Gul_Jee
    @Gul_Jee 3 года назад +15

    Another masterpiece thank you

  • @reckszkingzactivitiesrkat.4134
    @reckszkingzactivitiesrkat.4134 3 года назад +7

    Alux back at it again with that real talk on them videos. Take notes people & don’t die broke 🔥

  • @hvsingh1733
    @hvsingh1733 3 года назад +5

    BEING LAZY is a big reason of staying poor....

    • @themooninvestment2929
      @themooninvestment2929 3 года назад

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•

  • @sessiakojenu4829
    @sessiakojenu4829 3 года назад +8

    MONEY. I like the explanation on linear and exponential work. It got me thinking on how to be doing exponential work and not linear work. Thanks.

    • @danielturczan2485
      @danielturczan2485 10 месяцев назад

      Understanding exponential growth is the key to investment. Once you hit the inflection point on either an investment, or simply paying off debt, you'll start to really understand.

  • @surenpkumar
    @surenpkumar 3 года назад +4

    The main reason for poverty is peer recognition in their group of people may be in office or college.

  • @hmutandadzi
    @hmutandadzi 3 года назад +4

    This is the deepest and most profound of all the Alux videos I have ever seen. Life changing stuff.

  • @PITOFLANNN
    @PITOFLANNN 3 года назад +30

    Been watching and subscribed for over a year now, I’m 23 live in America and I’m very inspired by this video. Looking forward to the changes in my life. Thank you Alux !

    • @carlgarcia8809
      @carlgarcia8809 3 года назад +1

      Likewise bro. Same age 👍👍 from PH🇵🇭

    • @sir.vumisa5184
      @sir.vumisa5184 3 года назад

      ruclips.net/video/XnHBKdwTHuY/видео.html

    • @happycook6737
      @happycook6737 3 года назад

      Please also watch Dave Ramsey. He will steer you right financially.

  • @Potatoroomr
    @Potatoroomr 3 года назад +68

    You guys changed my life thank you so much

    • @alux
      @alux  3 года назад +14

      That's why we work so hard Jose! Thank you!

    • @jorgevieira4489
      @jorgevieira4489 3 года назад +1

      So good tho ear that they will change my too

    • @deboraleggerini5729
      @deboraleggerini5729 3 года назад +3

      @@alux I agree Alux. You guys are doing humanity a favour and although I believe I am very money educated.... There are a few things that I am constantly learning with your videos. You empower people through practical advice to take control over their affairs, and not simply being a victim of things. Well done!

  • @peterjohnson9361
    @peterjohnson9361 3 года назад +6

    The world is changing! I’m glad to be part of that. The crypto has made so many millionaires already, it is the evolution of money

    • @nelsonmartinez2420
      @nelsonmartinez2420 3 года назад

      Which one is a good one there’s so many to pick from

  • @Dakid015
    @Dakid015 3 года назад +5

    Wish Alux existed in my teens and 20s. I'm using these lessons now so I can live comfortably in my 40s. Thanks Alux for making a difference in our lives

    • @themooninvestment2929
      @themooninvestment2929 3 года назад

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E

  • @jeimmybernal1119
    @jeimmybernal1119 3 года назад +2

    Thank you guys!!! Abundance for you all!!! 🌈🙏

  • @thegirlykid
    @thegirlykid 3 года назад +4

    The BONUS part is my favorite!!! THANK YOU SO MUCH FOR MAKING THIS VIDEO!!!

  • @thetop3channel432
    @thetop3channel432 3 года назад +11

    16: Having TOO MUCH kids!

    • @alux
      @alux  3 года назад +5

      yep! Definitely a big one, especially if you do it early!

    • @fartsmccracken1445
      @fartsmccracken1445 3 года назад +1

      too MANY

  • @annitatriantafyllopoulou2734
    @annitatriantafyllopoulou2734 3 года назад +16

    Money 💵 makes the world 🌍 go round!

    • @aluxera4265
      @aluxera4265 3 года назад +1

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

    • @aluxera4265
      @aluxera4265 3 года назад

      I offer professional account management for investors/clients willing to trade the Forex and binary market, as well an open-network system to enable them get in grips with trading overtime.

    • @crrimz
      @crrimz 2 года назад +1

      Thought it was the sun's gravity. Live and learn ;)

  • @JuanCAraujoS
    @JuanCAraujoS 3 года назад +10

    Well, I'm about to start a 7-day dopamine detox. So this is one of the last videos I'll watch on a week.
    I'm aiming to transform my dopamine generation habits from consumption to creation. This is just a first experiment... wish me luck!
    By the way: Money!

  • @WillactTv
    @WillactTv 3 года назад +2

    If I was given a Lamborghini , I'd sell it for 1million dollars and then buy a 3,000 dollar car instead. Then use the rest to invest.

  • @samenglish7320
    @samenglish7320 3 года назад +6

    I love Alux. I learn a lot from your vidios it is time well spent. Keep up the good work.😊

    • @alux
      @alux  3 года назад +1

      Ohh we will!

  • @turbo5774
    @turbo5774 3 года назад +8

    Spending $7/day on coffee vs making the same coffee at home nets me $6.50/day to invest. Spend smart, be frugal but use that tool to grow your wealth and let your money grow itself

    • @sandrosamarasinghe3536
      @sandrosamarasinghe3536 3 года назад

      if in ur are coffee costs 7$ i'd say just open a coffeeshop and u r safe

    • @donaldlyons17
      @donaldlyons17 3 года назад

      @@sandrosamarasinghe3536 Yep selling multiple coffees for 7 dollar each will make you richer a whole lot faster!!! Original quote: (
      Adam Clark
      9 hours ago
      Spending $7/day on coffee vs making the same coffee at home nets me $6.50/day to invest. Spend smart, be frugal but use that tool to grow your wealth and let your moms grow itself) Your quote: (f in ur are coffee costs 7$ i'd say just open a coffeeshop and u r safe)

  • @JamesMwamisi
    @JamesMwamisi 3 года назад +27

    Money:
    I smiled when she mentioned Nairobi.

  • @kahtleyita23quin
    @kahtleyita23quin 3 года назад

    Alux lady does a Christian channel voice also.
    How long, ye simple ones, will ye love simplicity? And the scorners delight in their scorning, And fools hate knowledge? Turn you at my reproof: Behold, I will pour out my spirit unto you, I will make known my words unto you. Because I have called, and ye refused; I have stretched out my hand, and no man regarded; But ye have set at nought all my counsel, And would none of my reproof: I also will laugh at your calamity; I will mock when your fear cometh; When your fear cometh as desolation, And your destruction cometh as a whirlwind; When distress and anguish cometh upon you. Then shall they call upon me, but I will not answer; They shall seek me early, but they shall not find me

  • @kandkhudson
    @kandkhudson 3 года назад +4

    Allowing their children to take their money without just cause.

  • @pinakkoladaa
    @pinakkoladaa 3 года назад +5

    Your channel is truly extraordinary...So much value...Absolutely incredible! Thank you!

    • @alux
      @alux  3 года назад

      Thank you for being here Sandra! Glad to hear you found it valuable!

  • @gwillis01
    @gwillis01 3 года назад +4

    I agree that you should make savings your first priority. First deposit ten percent in your savings account, then plan how to spend the remainder.

    • @luisostasuc8135
      @luisostasuc8135 2 года назад

      yeah, tell that to people who work minimum wage for reasons beyond their control. People who literally need 3 roommates to afford an apartment in some cities.

    • @gwillis01
      @gwillis01 2 года назад +1

      @@luisostasuc8135 All it takes is rigid self discipline and maturity to make savings a priority

  • @milessuco2917
    @milessuco2917 3 года назад +7

    Practical ideas and teaching another wow vid from you alux,thank you!

    • @alux
      @alux  3 года назад +1

      Thank you for being an Aluxer for almost a year now Miles!

  • @M3ta1
    @M3ta1 3 года назад +3

    Alux you have a responsibility to acknowledge that the system is rigged and inequality is growing. Being poor is not a choice for most people.

    • @RavanaMuse
      @RavanaMuse 3 года назад

      Take rule number 2 into account here. Age of information. If you choose to remain ignorant that's on you.

    • @RavanaMuse
      @RavanaMuse 3 года назад

      I grew up poor. How did I get out? Saved every penny I've had. And didn't repeat my families mistakes.

  • @matgicjonno2155
    @matgicjonno2155 3 года назад +4

    "When you were young you believed in Santa and magical flying rainier's, but now you don't believe in yourself? Really"

    • @bagelitsandila4611
      @bagelitsandila4611 3 года назад +1

      OUCH!

    • @donaldlyons17
      @donaldlyons17 3 года назад +1

      When your young you believe anything including in yourself. For some fear of failure is the problem not belief. But when you fail when your young recovery is a whole lot easier than when you fail when your old!!! Failure is not the problem recovery is!!! Your quote: (When you were young you believed in Santa and magical flying rainier's, but now you don't believe in yourself? Really")

    • @themooninvestment2929
      @themooninvestment2929 3 года назад

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•✓✓✓

  • @josephudokim2616
    @josephudokim2616 3 года назад +9

    Nice video!! Very engaging from beginning to end, nevertheless online investment is the best profitable way to earn money right now.

    • @luckiestjames7254
      @luckiestjames7254 3 года назад

      Indeed, investment won't be such a bad idea, I do stocks, forex trading and crypto.

    • @queenjones5692
      @queenjones5692 3 года назад

      Forex and crypto trading are good ways to earn extra income

    • @josephinerespect1860
      @josephinerespect1860 3 года назад

      The wrong investment can scar and hurt a lot of new people that are looking to preserve their wealth online

    • @houstonlivine7627
      @houstonlivine7627 3 года назад

      To choose the right investment is always the problem, for me Mrs Stephanie platform is my best investment choice

    • @elizabethjohn5938
      @elizabethjohn5938 3 года назад +1

      I've learnt that investment is the best way to preserve wealth

  • @phillydeangelo2850
    @phillydeangelo2850 3 года назад +4

    I love you guys. No matter how far you’ve made it. Keep challenging yourself to learn more. As always fantastic information. Keep it up. And I feel blessed to be part of the Alux family.

  • @majorturk4307
    @majorturk4307 3 года назад +2

    The Lending money hit me the most... I've learned that lesson a hard way

  • @ankahbello1327
    @ankahbello1327 3 года назад +2

    Ok, so how do I step up from being an employee to creating multiple streams of income?

  • @technicalamanullah7019
    @technicalamanullah7019 3 года назад +19

    I own stocks. I watched your channel for a year and procastinated alot. But after a year and after watching your video on Warren Buffett, I felt inspired I read more and more about him and this strategies and then I started reading every book on financial markets by legends and now I am into trading and investing stocks for 2 years now

  • @nikhilsharma1694
    @nikhilsharma1694 3 года назад +4

    MONEY💵💵💵 . Amazing video . As always , Alux delivering delivering facts in an amazing way. I have been following this channel since 2017 . I am proud to me part of this community . More Power to you 👍👍

  • @lohitnaik8509
    @lohitnaik8509 3 года назад +4

    Strongly Believe in Alux getting even more bigger! Love from India! On my way to make it big by implementing advices from Alux :D

    • @alux
      @alux  3 года назад

      We're going for 10 Million subs

  • @carlkpsplucky5554
    @carlkpsplucky5554 2 года назад +2

    I was in the market for a wallet. I was so close to buying the $440 Fendi wallet I wanted. When I decided not to, I thought I was being smart by “settling” for the $125 Ralph Lauren wallet. Then I just decided to buy a durable leather wallet for $20. I think I made the right choice as I’m buying my first car soon.

  • @heidiluotolahti4305
    @heidiluotolahti4305 3 года назад +3

    Fantastic material. With one exception. I am a medical doctor very soon to retire and my best achievement has been my three kids. Try to include them into your plans.

    • @aluxera4265
      @aluxera4265 2 года назад

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

  • @georgehowelliii5666
    @georgehowelliii5666 3 года назад +6

    MONEY!! Another Great Video! You, guys; have changed my life for the good; and I can not thank you enough!!!!

    • @alux
      @alux  3 года назад

      Thank you for being here George!

  • @Paul_425
    @Paul_425 2 года назад +1

    Understabding MONEY mindset is 💯 one of the important knowledge.

  • @afb8370
    @afb8370 3 года назад +2

    People making mistakes in trusting people for their personal property or business. Remember don't trust anyone unless you are in a contract.

  • @valariewillis6815
    @valariewillis6815 3 года назад +3

    Your channel is so informative - I have recommended it to many! I also try to mentor those who I find willing and worthy 😉

    • @aluxera4265
      @aluxera4265 3 года назад

      Excellent operative influence thank you so much for your reply and I will also advise you to start a new life of trading investment

    • @aluxera4265
      @aluxera4265 3 года назад

      I offer professional account management for investors/clients willing to trade the Forex and binary market, as well an open-network system to enable them get in grips with trading overtime.

  • @rahimfreshhh6610
    @rahimfreshhh6610 3 года назад +4

    Why buy a new iPhone every year when the old one works just the same

    • @olly2027
      @olly2027 3 года назад

      Never understood that.

    • @donaldlyons17
      @donaldlyons17 3 года назад

      Can you imagine how the entire economy would function if everyone only replaced their items once they wear out. I think it would be almost impossible to avoid another great recession seriously. Some of the people buying new phones are selling their old phones so their real price may be lower than it seems. You quote: (Why buy a new iPhone every year when the old one works just the same)

    • @themooninvestment2929
      @themooninvestment2929 3 года назад

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•✓✓✓

  • @01dumbfrog
    @01dumbfrog 3 года назад +36

    Money so far I have opened a Stock account and bought just one share of John Deere (DE) per month 12 shares per year with earnings per share $14.50 the total amount comes to $4121.00 that surpassed my monthly income three times from SSDI. I would like to see you do a episode on how people who are wealthy use certain tools like Trusts and Foundations to protect themselves and reduce taxes.

    • @olly2027
      @olly2027 3 года назад +3

      I’m trying to buy more than one share of my stock.

    • @killap3nguin
      @killap3nguin 3 года назад +7

      Never invest in one stock. Just buy a mutual fund or ETF. Diversify just in case the business doesn’t perform well or goes under.

    • @01dumbfrog
      @01dumbfrog 3 года назад +3

      @@olly2027 I only gave one stock as an example. John Deere has been around for the last 100 years so I don’t think there’s much chance of them going under without showing the tail tail warning signs first.

    • @01dumbfrog
      @01dumbfrog 3 года назад +2

      @@killap3nguin I have a lot of experience with stocks and I’m not listening all my pics just one of the better ones, I could have used Abbot Labs and shown very similar results.

    • @01dumbfrog
      @01dumbfrog 3 года назад +4

      @@olly2027 so pick a cheaper stock but remember to diversify your portfolio so you don’t get slaughtered..

  • @qal-nel
    @qal-nel Год назад

    "...if you're unable to make money while you sleep, you'll never be rich."
    That hit harder than a sack of bricks! Thanks for this!

  • @lamarwilliams8343
    @lamarwilliams8343 3 года назад +1

    Yes, absolutely. You need money for people to care for you. You can't take money to heaven. You don't want to die lonely.

  • @ryanedwards2681
    @ryanedwards2681 3 года назад +5

    Great job Alux team--you just hit another home run. All my life I thought I was crazy so it's good to know that I am not. It's extremely liberating to know that I was a victim of conditioning by the masses and that I live in a sick society. No more! Time to take back the power and consciously choose what I consume, my environment, what I eat, and the people I hang around. Thank you for all the value your team regularly produces. MONEY!

    • @alux
      @alux  3 года назад +2

      If you don't want to end up like them... don't do what they do Ryan!

  • @PureMagma
    @PureMagma 3 года назад +15

    Taking "money advice" from wealthy people can be detrimental also.

    • @NutsNBerries
      @NutsNBerries 3 года назад

      True indeed

    • @insightfulmind958
      @insightfulmind958 3 года назад +1

      Well most will advise you based on the position you are in life.

  • @johndarlingnyendwa2978
    @johndarlingnyendwa2978 3 года назад +5

    This is very educational video and like all your other videos - they are mind blowing. The sky is no longer the limit but self limitations are the limits. We should all think exponentially and move on a multi layer trajectory. Thank you Alux.

    • @alux
      @alux  3 года назад

      If everyone had access to this kind of education, we would all prosper!

    • @johndarlingnyendwa2978
      @johndarlingnyendwa2978 3 года назад

      Very true. Pick the winners and back them up. Thanks Alux.

  • @gwillis01
    @gwillis01 3 года назад +2

    I can save 100 percent by not buying the item at all instead of 50 percent by buying it on sale.

  • @davidmontroy3408
    @davidmontroy3408 3 года назад +2

    A key point to add about #9 would be the "marshmallow test" experiments. It shows a clear correlation between subjects that could delay gratification and higher success factors in life in general.

    • @luisostasuc8135
      @luisostasuc8135 2 года назад

      That test was not very well done. More recent tests show that people who are starving have less willpower than people who've already had something to eat

  • @meolajackson
    @meolajackson 3 года назад +8

    My notification is always on for Alux 👌

    • @alux
      @alux  3 года назад

      And we appreciate you for that Ochman!

  • @milosginoballek2639
    @milosginoballek2639 3 года назад +9

    Thank you, Alux Team, for your incredible and fantastic videos!! I am working on my business and investment background to create a multiple streams of income and videos like this one are as important for me as the actual process of getting rich❤All the best for you all, Aluxers👍🤗👊🥂😎

    • @alux
      @alux  3 года назад +2

      It's these ideas that allow you to build wealth Milos! Thank you for being an Aluxer!

  • @j-10k64
    @j-10k64 3 года назад +8

    MONEY MONEY MONEY! I have so many ideas that are currently in the making 😁

    • @PraxisOfHealthBillFaulkner
      @PraxisOfHealthBillFaulkner 3 года назад

      Stay the course good brother. Believe me, it's worth it! I have several online businesses that are doing well. It's taken a great deal of time to get them to this point and I had to make sacrifices along the way. Today, I sign my own paycheck. I fired the boss! With all the technology in the world today, I'm shocked at how many people still settle for trading time for dollars while working a shittie job. Americans are at the top of the list!

    • @eksdeeee4113
      @eksdeeee4113 3 года назад

      Every other guy has ideas, it doesn't matter. How you execute it matters

  • @subashchandra7993
    @subashchandra7993 3 года назад +2

    Wow here I go with blissfulness watching Alux

  • @tompeters9773
    @tompeters9773 3 года назад +2

    alux are a group of liberals promoting conservative values, keep it up!

  • @Je.rone_
    @Je.rone_ 3 года назад +4

    The propensity to not take accountability/responsibility for what's happening in one's life keeps many of people poor

    • @donaldlyons17
      @donaldlyons17 3 года назад

      WIth few exceptions most poor people I know don't make more than they spend. Either in the past, present, or future!!! I know there are exceptions but I have never meet someone who does not generate who is not also poor. Your quote: (The propensity to not take accountability/responsibility for what's happening in one's life keeps many of people poor)

  • @ananyasingh5356
    @ananyasingh5356 3 года назад +6

    MONEY
    The emotion of nervousness and that of excitement is literally the same. The difference lies in how your brain interprets it. People who interpret it as nervousness naturally feel afraid of facing challenges or accepting change. But it's a whole other story for the ones who feel excited.
    Ps. Your brain can easily be trained to change the interpretation

    • @BFtheWave
      @BFtheWave 3 года назад

      Thanks for the comment.

  • @vasscobin7587
    @vasscobin7587 3 года назад +36

    Mr Naziri is the best, recommending him to all beginners who wants to recover losses like I did

    • @mikemills3419
      @mikemills3419 3 года назад

      Trading with Mr Naziri was never a regret to me, All thanks to him, he is the best I have ever seen

    • @sudam4504
      @sudam4504 3 года назад

      @@mikemills3419 Oh, I've heard of him but I didn't take it seriously until I tried out with $ 500 and made profits within some days

    • @safari3509
      @safari3509 3 года назад

      My personal portfolio/investment manager; Mr Naziri after a whole week of research,he runs an investment platform where you don't have to undergo any stress in the trades, he manages my trading account which i opened with a capital of $3000 and now i have grown my portfolio up to over $21,500, a huge success

    • @babuthiersam9768
      @babuthiersam9768 3 года назад

      @@safari3509 How can one reach an expert in trading,cos I have lost alot of money trading with a wrong trader.

    • @Liliana-zi8td
      @Liliana-zi8td 3 года назад

      Trading with expert Mr. Naziri changed my 0.2 btc to 2.3 btc in a month!!

  • @jpturner171
    @jpturner171 3 года назад +2

    Great advice that I have shared with our daughters. 👍🏽