10 Subtle Signs That Scream "Quiet Millionaire"

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  • Опубликовано: 27 сен 2024
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    About this episode:
    Believe it or not, millionaires usually aren’t the flashiest people in the room. In this episode, you’ll learn the subtle signs of the stealthy wealthy and why we need these quiet millionaire role models.
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Комментарии • 388

  • @michaelschiemer3
    @michaelschiemer3 Месяц назад +1217

    The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

    • @Jamesbrown1126
      @Jamesbrown1126 Месяц назад +5

      The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

    • @Dantursi1
      @Dantursi1 Месяц назад +3

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

    • @Rachadrian
      @Rachadrian Месяц назад +4

      Mind if I ask you to recommend this particular coach you using their service?

    • @Dantursi1
      @Dantursi1 Месяц назад +2

      Just research the name Annette Christine Conte . You’d find necessary details to work with a correspondence to set up an appointment.

    • @Rachadrian
      @Rachadrian Месяц назад +2

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @greekmom
    @greekmom 3 месяца назад +345

    My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. Living within your means and living a frugal lifestyle is the first step to financial independence. I just hit the one million mark last year, cheers to everyone striving to get there someday.

    • @TylerofSc004
      @TylerofSc004 3 месяца назад +3

      Wow! Congrats on that. Is it preferable for me to save money or allocate a significant amount of my salary to stocks in order to accomplish this goal?

    • @greekmom
      @greekmom 3 месяца назад +8

      Varied sources of income is wise and especially living within your means. My net worth is over $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

    • @Dad-979
      @Dad-979 3 месяца назад

      Kristin Amber Landis is a scammer. She steals your money and buys Big Mac’s. She’s an evil woman like Marie Lavoue

    • @son_of_Yahweh
      @son_of_Yahweh 3 месяца назад +2

      I'm coming, 5 months to go

    • @brandonfarmer4323
      @brandonfarmer4323 3 месяца назад

      @@TylerofSc004check out Ramsey’s Baby Steps to find out ☺️

  • @shellylofgren
    @shellylofgren 2 месяца назад +854

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

    • @donna_martins
      @donna_martins 2 месяца назад +2

      The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

    • @Robert_Seaman
      @Robert_Seaman 2 месяца назад +2

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 2 месяца назад +2

      in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

    • @Robert_Seaman
      @Robert_Seaman 2 месяца назад +2

      Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 2 месяца назад +1

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @callmemanny781
    @callmemanny781 3 месяца назад +107

    The digital ghost part is HUGE! The people closest to me who are millionaires are not only ghosts on social media but don’t even consume it. It’s mind-blowing.

    • @Krinbo
      @Krinbo 3 месяца назад +13

      That’s pretty validating as someone who’s not yet a millionaire, but who doesn’t consume social media

    • @sarashann
      @sarashann 3 месяца назад +18

      As a quiet millionaire who has no television and selectively consumes RUclips content (with saved history turned off), I can verify this.

    • @cloverazar5315
      @cloverazar5315 2 месяца назад +4

      I’m 36, own my home outright, have no debt, fully funded emergency plan, and make a “comfortable” wage doing a job that has me visiting luxury destinations at least once a month. I do not have insta, facebook, TikTok - nothing. Last thing I need is envy, or worse, some stalker. Won’t catch me on them

  • @desimo147
    @desimo147 2 месяца назад +31

    When you see someone who has really old stuff, but it all seems to look and work like brand new, there's a good chance you've run into a quiet millionaire. With millionaires, the mindset is long term. Far cheaper to maintain your current stuff than to just replace it every few years with new stuff (which is what the masses do).

  • @chrisdavis3055
    @chrisdavis3055 3 месяца назад +73

    My parents are worth somewhere between 5 and 10 million (earned long after I moved out!) This list is spot on. They are insanely generous, live modestly (in the same 1,200 square foot house they've owned for more than 50 years), and my 80 year old dad still works full-time. Why? Because he loves it.

    • @sarashann
      @sarashann 3 месяца назад +1

      Yep!

    • @thecure3982
      @thecure3982 3 месяца назад

      @chrisdavis3055 You are handsome.

  • @BINDERANDREAULRIKE
    @BINDERANDREAULRIKE 2 месяца назад +408

    I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

    • @fawnriverpuppyservices76
      @fawnriverpuppyservices76 2 месяца назад

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @WilliamsScott-h5h
      @WilliamsScott-h5h 2 месяца назад

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @PhilipsJameszang
      @PhilipsJameszang 2 месяца назад

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @WilliamsScott-h5h
      @WilliamsScott-h5h 2 месяца назад +1

      “Melissa Jean Taligdan’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @fawnriverpuppyservices76
      @fawnriverpuppyservices76 2 месяца назад

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

  • @heartattackhiker3527
    @heartattackhiker3527 3 месяца назад +69

    You forgot they own an old Toyota

    • @M22Research
      @M22Research 3 месяца назад +9

      Or Honda.

    • @russrichards6685
      @russrichards6685 3 месяца назад +2

      I have three Toyota’s with 740k miles on them. Been driving one everyday for 22 years.

    • @heartattackhiker3527
      @heartattackhiker3527 3 месяца назад +2

      @@russrichards6685 that's my dream to own three Toyota's, I will be buying another one soon.

    • @dhamm3815
      @dhamm3815 2 месяца назад +2

      Amen. Usually with some hail dings cuz it was totaled after 10 years but it still runs fine!

    • @PelosiStockPortfolio
      @PelosiStockPortfolio 2 месяца назад +1

      haha, I owned one for 19 years. It finally started having problems about 6 months ago so I bought a tesla with cash

  • @Mike137dd-v4r
    @Mike137dd-v4r 2 месяца назад +5

    2 observations of people who are quiet millionaires - Relationships. They don't get hooked up with partners who will drag them down. They make good decisions in their personal relationships and as partners they are generally on the same page when it comes to saving and investing for the long term. Another is having good basic math skills. This may go with Financial Literacy. Understanding things such percentages, interest and compounding goes a long way toward building wealth.

  • @marcoprolo1488
    @marcoprolo1488 3 месяца назад +49

    I am a quiet millionaire, and I would never ask advice from a financial advisor. A lawyer maybe, a tax specialist absolutly. But a financial "advisor" ? Na. The guy is just trying to sell you a product to get a cut.

    • @jcjclalonde
      @jcjclalonde 2 месяца назад

      Never understood that neither

    • @BillyCarsley
      @BillyCarsley 2 месяца назад +4

      Absolutely. The Dave Ramsey machine will say, "don't go into debt, blah blah," and then turn around and say that when you're ready, to use their realtors etc.

    • @AKumar-co7oe
      @AKumar-co7oe 2 месяца назад +1

      exactly. A smart friend from college will give you better advice than these grifters. 3.3M at age 33.

    • @cloverazar5315
      @cloverazar5315 2 месяца назад +1

      The difference right here. “I’ll talk to a tax specialist, not a financial advisor”. Ooo clever you

    • @derekcapitano5257
      @derekcapitano5257 2 месяца назад

      100%

  • @kentfrederick8929
    @kentfrederick8929 3 месяца назад +9

    My parents grew up during the Depression and WWII. So, they were downright cheap.
    When I finished law school, my father decided he could afford a nice car. My mother nixed the Cadillac in favor of a Buick, claiming that the back window was too small.
    She told me later she could see, but she didn't want people to think she was a rich bitch.

  • @frannellymercedesynfante4892
    @frannellymercedesynfante4892 3 месяца назад +43

    I swear George is by far my favorite Ramsey Personality! All his videos make me laugh so hard 😂 while learning about money
    I LOVE YOU GEORGE! 😂😂

  • @pnwflipper2089
    @pnwflipper2089 3 месяца назад +40

    The quiet millionaires I know personally have a few tells in common: New Balance sneakers, $9 golf shirts and shorts from Costco, eating out almost never (but when they do they pay for everyone), very nice houses (but the decor never changes it just the same timeless rich people decor for 30 years), homemade spreadsheets they use to track their wealth, and stay-at-home wives who handle their personal lives for them almost entirely.

    • @zumapuma38
      @zumapuma38 2 месяца назад +3

      You were good until the stay at home wives part. SMH!

    • @pnwflipper2089
      @pnwflipper2089 2 месяца назад

      @@zumapuma38 it’s the truth! I know several multimillionaires who are either relatives or family friends and they were ALL able to build their businesses/careers because they had a capable intelligent wife at home taking care of all personal and domestic matters for them.

    • @pnwflipper2089
      @pnwflipper2089 2 месяца назад +5

      I’m not saying all capable intelligent women should have to stay home or anything like that, but in my personal experience this has been the trend 🤷‍♀️ each of the men I am thinking about (5 of them) have been very lucky to have had the opportunity to put nearly 100% of their focus on making money because they have someone else to take care of everything else for them.

    • @margie909
      @margie909 2 месяца назад

      Bingo!

    • @mnotlyon
      @mnotlyon 2 месяца назад

      @@zumapuma38 One of the best decisions we ever made was for my wife to stay home.

  • @DonatellaVersace44
    @DonatellaVersace44 3 месяца назад +101

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @BradPaisley56
      @BradPaisley56 3 месяца назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @WilliamsTyler5
      @WilliamsTyler5 3 месяца назад

      Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

    • @AdeleLaurie1
      @AdeleLaurie1 3 месяца назад

      To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.?

    • @WilliamsTyler5
      @WilliamsTyler5 3 месяца назад

      Melissa Jean Talingdan a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @AdeleLaurie1
      @AdeleLaurie1 3 месяца назад

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @bigcahuna42366
    @bigcahuna42366 3 месяца назад +43

    I remember when I was on an Amish tour near Lancaster, PA, our tour guide said that 10% of all Amish families were millionaires. They are labeled as "quiet millionaires" because they don't worship the god of materialism, but are extremely self sufficient.

    • @tylermillercoach
      @tylermillercoach 3 месяца назад +7

      I grew up in Holmes County Ohio, i could tell you all kinds of stories of Amish families that are unbelievably wealthy. They are also incredibly generous.

    • @RK831
      @RK831 3 месяца назад +2

      Ten percent of all Americans are millionaires anyway, so they are just keeping up with the averages.

    • @mattbleiler7294
      @mattbleiler7294 3 месяца назад +3

      I live 20 minutes from Lancaster. The Amish only spend their money with in their own community. And they they help each other for free all the time. Avoiding a lot of taxes. They also don’t have cell phones, electric bills car bills etc. it’s easy to see how they are millionaires.

    • @TheMazinoz
      @TheMazinoz 2 месяца назад

      ​@@tylermillercoachOne community funded their own hospital to treat genetic disorders with all the latest equipment, doctors etc

  • @michaeljack7359
    @michaeljack7359 3 месяца назад +97

    I show almost all these signs with less than 100k to my name. In my defense, I think its way harder to hit the mark than it used to be. Hope we get there someday.

    • @wonderfully_madeJake
      @wonderfully_madeJake 3 месяца назад +13

      Statistics say otherwise. it's easier now

    • @devereauxjnr
      @devereauxjnr 3 месяца назад +1

      How do you know what to invest in? How can you know if it is the going to be a profitable one

    • @Kortneylove-1
      @Kortneylove-1 3 месяца назад

      ANTHONY_esq Nice! You now how I can get one?

    • @mikewarby9795
      @mikewarby9795 3 месяца назад +4

      2 ways to grow $100K to $1M...time and invest in market!! 20-30 years in conservative investments.

    • @russrichards6685
      @russrichards6685 3 месяца назад

      Invest in the SP500. Over the next couple of years read books by Jack Bogle who is the founder of Vanguard. Tweak your portfolio based on his recommendations and your risk tolerance. Stay the course!

  • @Fer-s1x
    @Fer-s1x Месяц назад +2

    For the younger ones, here is my “recipe:”
    Joined the military. Retired 25 years later as an officer. Started investing in 1997 in the S&P 500. In 2008 read “The Millionaire Next Door.” Increased investing to at least 15% of my earnings. Bought a property and rented it out. Rent money went to my investment. Did not buy a new car. Went to work for the Federal government. Repeated investment rate to 15% to 20% of earnings. As you can see, nothing remarkable or with special tricks. It only took focus and perseverance. If you look at me out on the street you would see an older dude who’s in shape walking with a purpose. That’s it… Kids, if I made it, you can too. Good luck!

  • @jeeeeeb
    @jeeeeeb 3 месяца назад +19

    This tipping culture nonsense needs to stop. A server does not deserve 35% of a bill (or even 20-25%) just for bringing out the food.

    • @pnwflipper2089
      @pnwflipper2089 3 месяца назад +2

      Yes! It’s crazy. All of the people I know personally who are millionaires are NOT tipping more that 15-20%. They are generous in other ways like buying lots of cookies from the Girl Scouts, or supporting the kid’ school fundraisers.

    • @joejoe-bs6jq
      @joejoe-bs6jq 3 месяца назад

      @@pnwflipper2089 Yes, I agree. I'm not a quiet millionaire, but I'm getting doing pretty well for myself. If service is outstanding, I will tip 20% to 25%. I don't tip unnecessarily (like at a Starbucks), but I will tip a standard 15% at a restaurant. Otherwise, my personal belief is that a person's reward for their good work is to bring them more work to do. So, I will patronize their business again (in the case of a restaurant, I find out the server's name and ask to sit in their section again), and I will bring other people to their business (not just refer them, but actually bring them). In this way, the business, or the individual, will know that they are doing a great job and will continue to do that great job. But, if the great job stops, it's not the tips that disappear, it's the work itself.

    • @lmor7110
      @lmor7110 2 месяца назад +1

      …unless the server is paid less per hour than minimum wage. And if I learned that they’re taking further education, I’d tip even more. And if I found out they’re a struggling single parent I’d tip even more.

    • @deanbarill3182
      @deanbarill3182 2 месяца назад

      I Agree. Tipping should not be a question of “does the server get paid or not.” Pay them fairly. Tips should be just a tip. Employers should pay their help fairly, not expect the customer to do it for them.

    • @libertarian4323
      @libertarian4323 Месяц назад

      We have a bit more than $10M. We typically tip 15% at overpriced "fine dining" restaurants and 50% at IHOP. The waitress at IHOP is probably working at least as hard as the guy at the "fine dining'' establishment.

  • @sharminrahman8038
    @sharminrahman8038 3 месяца назад +74

    That Boeing comment could be deadly

    • @TiaMat99
      @TiaMat99 3 месяца назад +9

      So could Boeing

    • @jack7240
      @jack7240 3 месяца назад +1

      True 😅

    • @neonpandas
      @neonpandas 3 месяца назад +5

      Right. Let’s keep checking up on him we don’t want him to disappear too

  • @neonpandas
    @neonpandas 3 месяца назад +6

    That Boeing comment 💀. I also used to love Scotty McCreery when he was on Idol and discovered that song through him. This is my favorite Ramsey personality because he speaks to the millennial in me. Great references and topic

  • @alexasecas5930
    @alexasecas5930 3 месяца назад +22

    HOW TO ACQUIRE WEALTH

    • @alexasecas5930
      @alexasecas5930 3 месяца назад

      Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.

    • @alexasecas5930
      @alexasecas5930 3 месяца назад

      FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.

    • @alexasecas5930
      @alexasecas5930 3 месяца назад

      Whosoever tries this sureIy acquires wealth. Get to her..

  • @JessicaWilson7w
    @JessicaWilson7w Месяц назад +23

    *Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

    • @SarahGarbeth
      @SarahGarbeth Месяц назад

      That's awesome!!! I know nothing about investment and l'm keen on getting started. What are your strategies?

    • @marywils8118
      @marywils8118 Месяц назад

      That's true. a lot of people today have been
      having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

    • @bobbysmith1119
      @bobbysmith1119 Месяц назад

      I've been trying to trade but I keep making losses and it's frustrating

    • @bobbysmith1119
      @bobbysmith1119 Месяц назад

      Can you recommend a guide for me?

    • @JenniferLynd
      @JenniferLynd Месяц назад

      Victoria K Walker, she’s impressive

  • @ThePuttercross
    @ThePuttercross 3 месяца назад +26

    "Pay attention because it will pay you back!" Dad quote of the day

  • @hokeywolf3416
    @hokeywolf3416 Месяц назад +1

    Here's a definite clue:
    The temperature of their house(s) are always set at what they find comfortable.

  • @blackspiderman1887
    @blackspiderman1887 3 месяца назад +5

    Im a digital ghost and i like it that way. I have Facebook but it has no pics except my dog for my profile picture. Ive been out the country many times. No one even knows im gone until they try to reach and cant because im on the beach in the DR. And thank god, im well off financially but you would never know because i only wear black/grey t-shirt and And1 shorts (florida) when i go out.

    • @Avo7bProject
      @Avo7bProject 2 месяца назад

      My Facebook isn't even me. I picked someone else's face out of Google images and only use FB when a website forces me to.

    • @blackspiderman1887
      @blackspiderman1887 2 месяца назад

      @@Avo7bProject 😂😂😂😂😂

  • @jacquiquinlan
    @jacquiquinlan 3 месяца назад +3

    Whoever does your editing is amazing 😂 I crack up every time

    • @lmor7110
      @lmor7110 2 месяца назад

      YES, shout out to the video production artists. You rock!

  • @sassysusie9243
    @sassysusie9243 2 месяца назад +1

    I think it's so crazy that everyone is harassing this man after his wife's death... which has been confirmed as by her own hand!! She is on video buying a gun... by herself.. she calls the police and tell's them she is going to do that to herself and where she can be found. And the husband has been verified to not be anywhere near her at the time of the incident. LEAVE THIS MAN ALONE. If he has done all the "supposed" things he is accused of, it will come out eventually and he will pay. Everyone insisting this his fault, tearing him apart completely when their relationship is no one's business. She chose to do that to herself... period. Even if he had an affair, so what? It stinks, but people do it all the time. Accusations of interactions of underage individuals, made by an angry ex-wife, but no charges brought against him? The public should quit talking about this. The family should deal with it among themselves .. but it isn't the public's business.

  • @Bulletpronemonk
    @Bulletpronemonk 3 месяца назад +6

    I work in Aerospace. That Boeing joke was GOLD! 😂

  • @mikep5475
    @mikep5475 29 дней назад

    george.. you crushed this. so funny and informative. great job.

  • @danielking2944
    @danielking2944 Месяц назад

    I’m one of those quiet millionaires who expects to receive my $1.6 million any minute. Living below our means allowed us to live with dignity even when my wife and I were first married.
    I’ve been disappointed with some people we shared our assets with but, in the process,have found a few friends who are ready when you need them.
    Wealth accumulation has never been a priority with me,I have just tried to stay prepared. Increasing wealth happens organically when you live below your means. I’ve never lived in a house with a mortgage,though we rented when we were in the military. I’m about to buy a house in my neighborhood with borrowed money,my first time,at 71 years of age. I don’t need it or income from rent,just trying to maintain the culture of my dead end street. I’m expecting to rent it but not under pressure to accept drama. I can afford to loose all my investment but don’t expect to.
    No,I’m not a millionaire but I can live like the persons you refer to. It’s quiet confidence that comes with living below your means.

  • @Markus_Abrach_-_marea-Finanz
    @Markus_Abrach_-_marea-Finanz 3 месяца назад +2

    2:27
    The man who gave him wisdom was and is number 1 🤔😉

  • @Tehui1974
    @Tehui1974 3 месяца назад +2

    Good video. I like the idea about being wealthy and not flaunting it.

  • @deelehey2827
    @deelehey2827 3 месяца назад +16

    “quiet millionaires think work is fun.”

  • @hi_mrmoney
    @hi_mrmoney 23 дня назад

    Basically I started my channel to teach people how to become quietly wealthy and live simply. The quickest way to know someone is poor is by how loudly they scream about how rich they are.

  • @FDW-xc6gu
    @FDW-xc6gu 25 дней назад

    I would like to add that never ever buy something above 100 dollars without thinking about it for a few months, and it just to be sure that I need it and is not an emotional impulse.

  • @ErinMcBain321
    @ErinMcBain321 3 месяца назад +58

    I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.

    • @AndrewLevi554
      @AndrewLevi554 3 месяца назад

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @LorinHouchin
      @LorinHouchin 3 месяца назад

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @BlakeTommyWatkins
      @BlakeTommyWatkins 3 месяца назад

      You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

    • @GaryBingman
      @GaryBingman 3 месяца назад

      I'm new at this, please how can I reach her?

    • @VeronicaUnderwood-g7f
      @VeronicaUnderwood-g7f 3 месяца назад

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @jwheaty3
    @jwheaty3 Месяц назад +1

    I totally agree with #10.

    • @MrGus.1
      @MrGus.1 Месяц назад

      Me, too. No one has ever outdone God in charity.

  • @joesphholloway4773
    @joesphholloway4773 2 месяца назад +1

    I wholeheartedly disagree with Ramsey's debt free philosophy. Getting out of the military I used debt as an asset, leveraging VA loans for house hacking on a primary house, then buying another duplex property for renting out (All with VA loan). Now they are worth 800k total with about 300k in mortgage, in as little as 7 years.
    Sure, it's nice not to have debt, though I argue most quiet millionaires didn't get rich just by sitting on their hands not spending money. Financial literacy is key, having the passion is key. If an investment makes financial sense, then do it. Brainlessly going about the world not spending money is a great way to be unhappy, there is a balance with everything... Debt included (don't be overleveraged)

  • @realestatejunkie0414
    @realestatejunkie0414 2 месяца назад

    They like to work but also like to wear t-shirts and tennis shoes everywhere. Don’t need a flashy car, a big house, or flashy clothes to impress people they don’t know or don’t like

  • @ebikescrapper3925
    @ebikescrapper3925 3 месяца назад +10

    Clothes without any motif or brand name on it, why pay extra for ink when you don't have to.

  • @Peteliao
    @Peteliao Месяц назад

    If I was a multimillionaire I would show it. Why have millions in the bank and drive a 1990 Toyota? It’s like saying you are a talented athlete, but want to stay quiet and not show it. I am 35 years old and net worth 4 million. I stopped being quiet about it once I reached 1 million. I drive my dream car that cost 45k and loving life. Tomorrow is not promised. Show off your hard work!

  • @bluethundar
    @bluethundar 2 месяца назад +1

    Real millionaires don't respond to this video bragging they are millionaires.

  • @JJ-jn7ei
    @JJ-jn7ei 3 месяца назад +3

    I don’t use cash at all-credit card with cash back. Pay the credit card off so no interest and I get to invest the money I get from the cash back. I don’t have a spending plan. I control where I go and what I see, simply by not going to random places like malls.

  • @samuelwilliams7331
    @samuelwilliams7331 3 месяца назад +4

    Your low-key Morgan Wallen hate is hilarious.

  • @Gk2003m
    @Gk2003m Месяц назад

    6:32: disagree about the 0% interest thing. I carry no debt; that is, I hold no debt that requires servicing of interest. But I will use other people’s money if they are letting me do so for free! So if my washing machine breaks down tomorrow and someone is offering 0% financing on the replacement I’ve chosen, I will take it. I then schedule the payments to be complete one month before interest would kick in.

  • @untouchable360x
    @untouchable360x 2 месяца назад

    Any man who says I am king is no true king.

  • @rodrigok1220
    @rodrigok1220 Месяц назад

    I’m not necessarily sure about the digital ghost… I don’t have social media, but we do take vacations and my wife and kids post a lot of pictures. We still save roughly 20 - 25 percent. Surpassed the million mark in retirement accounts at 52. I don’t say that to be boastful, but to say you can still live, but don’t buy stuff you can’t afford.

  • @RaymondKeen.
    @RaymondKeen. 2 месяца назад +4

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

    • @berniceburgos-
      @berniceburgos- 2 месяца назад +2

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @KarenLavia
      @KarenLavia 2 месяца назад +2

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx 2 месяца назад +1

      Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @KarenLavia
      @KarenLavia 2 месяца назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @BridgetMiller-
      @BridgetMiller- 2 месяца назад +1

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

  • @Hokieredneck
    @Hokieredneck 3 месяца назад +2

    Did George attempt a Josh Turner song? Well done sir

  • @IrisP989
    @IrisP989 3 месяца назад +5

    We didn't say no to debt. We got a car loan at 2.49% and still crossed 7 figure net worth.

    • @lukescapee1234
      @lukescapee1234 3 месяца назад +3

      You make nearly 200k, of course it won’t take long for you to cross 7 figure net worth.

    • @IrisP989
      @IrisP989 3 месяца назад +3

      @@lukescapee1234 It wasn't just the income back then. It was also having a house that continued to appreciate (with a mortgage) when we purchased the car (high cost of living area). The point is that not everyone says no to debt and that is not a sign of being a quiet or not quiet millionaire.

    • @JacobJacobs8937
      @JacobJacobs8937 3 месяца назад +7

      And you're in the comments of a RUclips video talking about your 7 figure net worth. Not exactly a quiet millionaire.

    • @IrisP989
      @IrisP989 3 месяца назад

      @@JacobJacobs8937 I commented regarding choosing not to have debt in contrary to what George said. I have that right just like anyone else.

    • @davidbrayshaw3529
      @davidbrayshaw3529 3 месяца назад +1

      @@JacobJacobs8937 3 deadly quiet millionaire sins all in one hit. Is that the trifecta?

  • @tressalewis7004
    @tressalewis7004 3 месяца назад +3

    Love this show! George is clever and smart… Needless to say, he’s very funny too!

  • @andybungert
    @andybungert 3 месяца назад +3

    And make sure the bolts are TIGHT ;)

  • @lidijatana7894
    @lidijatana7894 3 месяца назад +1

    Time is the biggest asset that most people squander. You really only have 5 chances from age 25 to embark upon a low risk 30 year investment journey towards financial independence.After that, it's certainly possible but gets harder the longer you leave it

    • @NamsaAlcantar
      @NamsaAlcantar 3 месяца назад

      I agree, With the $2 million I got from selling a property, I began my investment journey in 2022, and now my portfolio just surpassed $9 million last week. I'm reinvesting the returns into stocks and high etfs to further enhance my financial growth. My advice is simple: if you can start your journey to financial freedom early, do it. The earlier you start, the more time you have to grow your investments and secure your future.

    • @AurucciLou
      @AurucciLou 3 месяца назад

      That’s great growth, are you an expert/Pro ?

    • @NamsaAlcantar
      @NamsaAlcantar 3 месяца назад

      @@AurucciLou No i am not, My expert is well known as - Dianne Sarah Olson. please do your own research for one who is suitable with your goals.

    • @NamsaAlcantar
      @NamsaAlcantar 3 месяца назад

      @@AurucciLou so i had guide which is where my advisor came in,, you could as well research on Dianne Sarah Olson and engage her.

  • @Dorothyredshz
    @Dorothyredshz 3 месяца назад +1

    10 signs that this video screams: it's an AD !

  • @mathematician1234
    @mathematician1234 3 месяца назад +2

    Can someone please supply a link to the full George Kamel interview with Arthur Brooks? I cannot find it. Thanks.

    • @GeorgeKamel
      @GeorgeKamel  3 месяца назад +3

      It’s coming soon!! That was a tease. Probably my favorite interview on the channel thus far

    • @mathematician1234
      @mathematician1234 3 месяца назад +1

      @@GeorgeKamel Many thanks! I am looking forward to it.

  • @Gina_Michel
    @Gina_Michel 3 месяца назад

    Great vid, George! 🤫

  • @joanebf
    @joanebf 3 месяца назад +2

    My new quiet hobby is to report all of those spam comments of "miss Kelly Whatever saved my life and I made 20 million yesterday" and all of the fake replies of "that's impressive, who is is your advisor?"
    I can spot them from the first line by now and I do it on every video of George and SMHH I watch 🤣

    • @beth3535
      @beth3535 3 месяца назад +1

      Mine too!

  • @nsbioy
    @nsbioy 13 дней назад

    What if I have concepts of a plan?

  • @nsindiso801
    @nsindiso801 3 месяца назад +4

    Boeing hitman just added a name onto the list but it’s a good thing no weapon formed against you shall prosper 🗿

  • @steelo-s6m
    @steelo-s6m 2 месяца назад

    From my experience, rich/wealthy people tend to be more stingy. Not ultra high net worth but my guess, approx 5 mil household annual income $300k

    • @GrnXnham
      @GrnXnham 2 месяца назад

      My observation is that they are more frugal but not more stingy. There's a difference.

  • @hughofIreland
    @hughofIreland 2 месяца назад

    I stumbled on this channel. I love the presentation. One small quibble is the sponsorship plug. I know you have to generate income and I applaud you for doing so. How it was done-embedded seamlessly in the presentation-was more than irritating. I don’t know how you could do it in a more effective way. For a video that I really enjoyed and made me hunger for more, how the promotion was handled makes me walk away. 😢

  • @Paul-d4l
    @Paul-d4l 3 месяца назад

    Great video!

  • @ErikBoeryd
    @ErikBoeryd 2 месяца назад

    When you have money you don't tell anyone you have it!

  • @commentsonthetube14
    @commentsonthetube14 Месяц назад

    Completely disagree about low interest debt... If you can do math, debt is a tool. A 2% mortgage, for example, should be paid off as slowly as possible because the cash you could have spent paying it off early does better invested whete it's yielding more than your interest rate. Hell, 2% is usually lower than inflation. That means the government is paying it off for you.
    Do not pay cash when you could take a low interest loan unless you're the type to regularly miss payments.

  • @teenindustry
    @teenindustry Месяц назад

    Im not a millionaire but I was taught it is vulgar to discuss money or show it off

  • @agrivere5494
    @agrivere5494 3 месяца назад +2

    Guilty on all ten. Don’t have much use for the Ramsey plan though. Seems silly to me not to use all the tools at your disposal, and one of the most powerful tools for building wealth is debt. It’s a dangerous tool for sure, but it’s very powerful, and used properly can be a game changer. Or to put it more simply, why would I use my money when I can use somebody else’s money?

  • @NormanGhali
    @NormanGhali 2 месяца назад

    I've stopped trying to impress people and I just want to make my family and myself comfortable while we plan for future generations. I'm an amateur with a portfolio of 70k but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?

    • @zuniganichol11
      @zuniganichol11 2 месяца назад +1

      Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

    • @frankchappellxz
      @frankchappellxz 2 месяца назад +1

      I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.

    • @FeelMyTruth
      @FeelMyTruth 2 месяца назад +1

      That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

    • @frankchappellxz
      @frankchappellxz 2 месяца назад

      *Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @Redwood4040
      @Redwood4040 2 месяца назад

      Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.

  • @probuilder961
    @probuilder961 3 месяца назад

    Just looked it up, Billy Zane is still ALIVE. (the rumors of his demise have...well.... you know the THING)

  • @withpikachu2402
    @withpikachu2402 2 месяца назад

    They don't use mobile phone covers.

  • @shiladityabasu7758
    @shiladityabasu7758 3 месяца назад +2

    I think we got more "buy this product" than the actual characteristic.

    • @GeorgeKamel
      @GeorgeKamel  3 месяца назад +2

      Go get a timer and prove it. If you can’t, you have to share this video with 10 friends or else you’ll have bad luck for 10 years

    • @shiladityabasu7758
      @shiladityabasu7758 3 месяца назад

      @@GeorgeKamel Challenge not taken :) I see the point of this video and appreciate you putting it together. I just couldn't resist to comment.

  • @blakeamsler8184
    @blakeamsler8184 3 месяца назад +1

    “Million dollar question” 😂 I enjoy the entrepreneurial q&a!

  • @jayholiday256
    @jayholiday256 3 месяца назад

    Pretty man ch sums me up. Baby step 7+ EDM 3x

  • @MrGus.1
    @MrGus.1 Месяц назад

    I would have been much richer if i could just give up eating.

  • @kevinjarchow8812
    @kevinjarchow8812 2 месяца назад +1

    How many paid promotions can you fit in one nine minute video. Well...I made it to 5:50 and I think there were about eight.
    It's ironic because early in the video says that you don't build wealth by schlepping product on the internet, yet here he is, schlepping products (and sponsors) on the internet.
    Integrity score. 2/10.

  • @davidthomas-ot4cl
    @davidthomas-ot4cl 2 месяца назад

    I've got 2000 dollars in my bank account. I like to keep my multithousandaire status top secret. No one knows. Shhhh. Keep it quiet.

  • @kennyx6796
    @kennyx6796 3 месяца назад

    disagree with you on precious metal. ramsey is biased

  • @johncameron4194
    @johncameron4194 Месяц назад

    They drive an old Honda 😁

  • @wesrageking7161
    @wesrageking7161 3 месяца назад

    Anyone who tried to sign up for a lurel account.
    How long did it take for yall to get a email back?

  • @steveswinnigan4418
    @steveswinnigan4418 3 месяца назад +1

    I wear carhartt bib and drive a 10 year old Toyota tundra truck and eat bean and weeny for supper I live way below my means but I worth 1.7 million and no body knows but me and my girl at the bank .

    • @Last_one_before_I_go
      @Last_one_before_I_go 2 месяца назад

      About the same here, but I've moved on to Salads and Fruit. You'll live longer and it tastes better.

  • @vallanddess
    @vallanddess Месяц назад

    Too many quick cuts and drop ins. We are not all 12.

  • @jasonbeedon9867
    @jasonbeedon9867 3 месяца назад

    Millionaires won’t tip. They’ll eat at Panera and avoid the tip!

  • @rajanchopra1576
    @rajanchopra1576 2 месяца назад

    This video is just a loud advertisement for your sponsors , this is ironic given the topic of the video

  • @barbsinclair7352
    @barbsinclair7352 2 месяца назад +1

    Anyway not anyways, makes you sound less educated than you are

  • @campc1
    @campc1 6 дней назад

    $440,000 more to go

  • @AtomicShadow64
    @AtomicShadow64 3 месяца назад

    Im not donating 10 percent bro.

  • @jiangpkpful
    @jiangpkpful 3 месяца назад +1

    I concur 100%.

  • @Pje3ski
    @Pje3ski 2 месяца назад

    There are tons of broke nerds. They are in their mom’s basement.

  • @Azel247
    @Azel247 3 месяца назад +3

    What are you basing this on? It can't be personal experience because you're certainly not a quiet millionaire

    • @V8Brah
      @V8Brah 3 месяца назад

      His whole brand is that he's a millionaire. Sad.

    • @whasian2007
      @whasian2007 3 месяца назад

      They don’t care about hypocrisy as long as it makes them money. Sell the dream because their fans have to be asleep to get it

    • @pnwflipper2089
      @pnwflipper2089 3 месяца назад

      😂 lol sorry but this is true George.

  • @think_ffs3934
    @think_ffs3934 3 месяца назад

    To the "expert" who says charitable giving comes back to you, I'd like you to consider that people who have secure, stable expectations for their future income streams can afford to be charitable. I believe kindness begets kindness in everyday life, but you're basically arguing for the idea of "karma" as though it has scientific rigor if you think mailing a check to a charity is going to have a causal relationship to you getting paid more from some other source. That's just silly. I mean, sure, the future or current boss of someone might happen to be on the board of a charity that someone donates to .00001% of the time, but let's be real. It's way more likely that people who expect to do well in the future are more likely to donate, no?

  • @weirdnomad8868
    @weirdnomad8868 2 месяца назад +1

    I watch this show becase George doesn't run from his faith. Most Christian influencers won't mention their faith out of fear of offending atheists.

  • @antoniofigueroa5084
    @antoniofigueroa5084 3 месяца назад

    You know me so well ❤😂

  • @createone100
    @createone100 2 месяца назад +1

    You make me laugh, George. Your schtick is hilarious. 🤣😂 Also, premium advice. 😃💵💰

  • @j.t1682
    @j.t1682 Месяц назад

    This guy doesn't know what he is talking about. If you don't flex, people don't know. If they don't think you are rich, they don't respect you. You're dressed shabby, fancy restaurants will give you a table near the toilet. Valet will give you a dirty look. Women dont give you a second look. Flex meams respect, baby! Flex more than you have for respect.

  • @hondarider436
    @hondarider436 3 месяца назад

    "baby lock them doors and make sure the bolts are on right" 🔥🔥🔥

  • @ironspider9280
    @ironspider9280 3 месяца назад +4

    2:49 😂😂😂😂

  • @christinab9133
    @christinab9133 3 месяца назад +2

    First!

  • @amandasvoboda4147
    @amandasvoboda4147 3 месяца назад

    He does look like a bug😂

  • @lovely.freedom
    @lovely.freedom 3 месяца назад

    King Solomon no thanks 🙅‍♀

  • @johnkoval1898
    @johnkoval1898 2 месяца назад

    This video is way too goofy to watch.

  • @USMC6976
    @USMC6976 3 месяца назад +6

    I think you said that teachers topped your list of millionaires. It wasn't their income that built that wealth, it was the taxpayers and if you look at the state of education our youth receives, we have been scammed.
    And I'm curious because there have been studies about giving, conservatives were much more generous then liberals. Most teachers are liberals, so what are the stats in Ramsey's study of millionaires that support millionaires being more generous? I'm sure you have it by profession.