15 Lessons Rich Parents Teach Their Kids That The Poor Don’t

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  • Опубликовано: 1 фев 2025

Комментарии • 4,9 тыс.

  • @gardnertradinghouse6390
    @gardnertradinghouse6390 2 года назад +763

    *Every family has a person who breaks the chain of poverty. I hope you will be that person!!*

    • @gardnertradinghouse6390
      @gardnertradinghouse6390 2 года назад +5

      Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

    • @marvlimann9275
      @marvlimann9275 2 года назад +2

      Hello

    • @marvlimann9275
      @marvlimann9275 2 года назад +4

      @@gardnertradinghouse6390 How could you walk me through , im new to trading..How did u did it?

    • @barryhart2303
      @barryhart2303 2 года назад +1

      Trading with an expert is the best strategies for newbies and busy investors who have little or no time to monitor trade.

    • @barryhart2303
      @barryhart2303 2 года назад +3

      Every financial goal requires patience, dedication and consistent spirit knowing that trading is currently the most lucrative business in the world

  • @brandonwilliams532
    @brandonwilliams532 6 лет назад +2547

    1. Understanding how money works
    2. The difference between an asset and a liability
    3. They’re not entitled to anything
    4. How to be sociable and connect with other people
    5. Stop expecting immediate results and avoid magical thinking
    6. How to create daily habits that on the long run, give them incredible advantages
    7. Money is a tool and a good thing
    8. Increase income instead of lowering expenses
    9. Knowledge is more valuable than money on the long run
    10. Don’t work for money, have it work for you
    11. Solving problems is the quickest way to get rich
    12. Don’t waste time on things that correlate to the real world
    13. How to use good debt instead of bad debt
    14. 80% of results come from 20% of effort
    15. Having money does not make you a better person, it just solves some of the problems

  • @wendyrobert6847
    @wendyrobert6847 6 лет назад +296

    My (very poor, but intelligent) mother had a few, but consistent requirements:
    1. Stand up straight (good posture)
    2. Deep profound love,not just for reading, but for the expressions of a great and growing vocabulary. She loved both reading AND the power of words.
    3. To speak clearly, precisely and politely - while looking the person (or audience) in the eye.
    I was often chosen for jobs over people who had college degrees. I was simply good at sales....i.e. selling myself. I must also add, caring about other people and a profound love for new experiences, culture & point of view brings great dividends. I am more interested in expanding my view than getting my own way. Lastly, I am impeccably moral. People can feel this energy in me, and trust me because of it. This also opens doors! I am a positive, happy person. Just SMILE more often, and see how much more life smiles back!!

    • @Inkdraft
      @Inkdraft 6 лет назад +23

      Wendy Robert: I think we must be sisters: your mom sounds just like my mom. Integrity was number one with my mom: never, ever lie. She never lied to us. She would say, "I am not discussing that with you right now." But she never lied. Stealing was an atrocity to my mother. She marched me back into a grocery store when I was four and made me go to the manager and give back the candy bar I took. I can still see that like it was yesterday. She would crack your head if you ever made a racist remark (my brother tried it once, and only once). She was the most generous person I knew and the smartest woman I've ever known and she only had an eighth grade education because she had to go to work to help the family.

    • @asmartbajan
      @asmartbajan 6 лет назад +5

      In some cultures, looking people directly in the eye is considered disrespectful. I kid you not.

    • @pkkim9384
      @pkkim9384 6 лет назад +3

      Wayne Phillips I concur. But as an American, it’s okay :)

    • @Douken
      @Douken 6 лет назад +3

      I can really relate to this. It does really take you long ways and fast. It opens you doors anywhere you go. Truly an advantage. I sometimes go to places where I have either the same knowledge and experience as people 20-25 years older than me. Listening and being of service and having the right attitude and all the things you and her mentioned has really put me ahead in life.

    • @Unstoppable-oc5db
      @Unstoppable-oc5db 6 лет назад +1

      By rich its a rich mindset vs a poor not in finaces

  • @dulcerocio4763
    @dulcerocio4763 2 года назад +223

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

    • @dulcerocio4763
      @dulcerocio4763 2 года назад +6

      I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

    • @stephenpalmer8982
      @stephenpalmer8982 2 года назад +1

      @@dulcerocio4763 Yeah! every $1 you invest today is a little bit of time that you buy back in the future, the more you invest, the more free time you can afford in the future, having time and the freedom to choose what to do are the ultimate investing goals.

    • @stevendiaz9672
      @stevendiaz9672 2 года назад

      @@dulcerocio4763 True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.

    • @stevendiaz9672
      @stevendiaz9672 2 года назад +1

      The pandemic came and taught me the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra- income earning chance, like bitcoin, stocks bonds real estate .

    • @wanglei7182
      @wanglei7182 2 года назад

      @@stevendiaz9672 What actually the idea behind this bitcoin investment,I have been watching some videos and I was thinking about investing in bitcoin , but still don't know where to start from

  • @keonagaines7888
    @keonagaines7888 6 лет назад +825

    My parents taught me to never *risk* your integrity. Bad company corrupts good character.

    • @Pimpishone
      @Pimpishone 6 лет назад +8

      True statement

    • @hewhoshallnotbenamed5633
      @hewhoshallnotbenamed5633 6 лет назад +5

      So true!

    • @snowballjennjenn2825
      @snowballjennjenn2825 6 лет назад +36

      true...reminds me of a Benjamin Franklin Quote, " if you think education is expensive, try ignorance." you must surround yourself with good people and people with the same mission, one must never underestimate the power of teamwork.

    • @keneshajohn867
      @keneshajohn867 6 лет назад +5

      Facts

    • @moffatsoko9567
      @moffatsoko9567 6 лет назад +5

      Thumbs up

  • @Sun-Warrior1911
    @Sun-Warrior1911 6 лет назад +823

    Well, I don’t have the rich parents but at least I’ve got ALUX to TEACH ME!!!

    • @alux
      @alux  6 лет назад +98

      We got you!

    • @nithishkumarc8820
      @nithishkumarc8820 6 лет назад +8

      Same that we all get

    • @waelfaraj6705
      @waelfaraj6705 6 лет назад +3

      @Amazing Ranker
      Gain experience and research about the business you feel and think you love to get information about ...
      You get training somewhere in the field to see it lively in everyday life and how things work . If things resonate with your life purpose and you enjoy doing , you get inspired to take action and develop ...

    • @prema172
      @prema172 6 лет назад +4

      @Amazing Ranker You must envision your dream perfectly and work to match your vision. U must bring the future to present. Work less and take mini retirements. Start your actions from now.

    • @julioexposito1217
      @julioexposito1217 6 лет назад

      👌

  • @shubhamkumarsingh2700
    @shubhamkumarsingh2700 6 лет назад +613

    My father taught me if you save money today money will save you tomorrow

    • @mr.robot.684
      @mr.robot.684 5 лет назад +4

      So you mean to say that your father is rich!
      Just joking 😜

    • @shujanaveed8343
      @shujanaveed8343 5 лет назад +10

      You also have to invest if you want to be rich

    • @acornsucks2111
      @acornsucks2111 5 лет назад +3

      A dollar in your pocket is your best friend.

    • @primodernious
      @primodernious 5 лет назад +11

      that is poor mans thinking. saving money is bullshit. i know sobody that that saved money the last 10 years before he got a retired and he end up loosing it all on his poor family always in need for money and have to little money. saving money is just for stupid people. you nedd to invest your money, not saving it.

    • @omarfarique6304
      @omarfarique6304 5 лет назад +3

      @@earlaweese
      Dude that is very disrespectful of you.

  • @t-fuelernienotoriousmisfit7449
    @t-fuelernienotoriousmisfit7449 3 года назад +128

    My parents taught me "if you have something of value you'll always be wanted and needed"

    • @heatherheadley1704
      @heatherheadley1704 3 года назад +8

      Solve problems and get paid for it.

    • @davisholman8149
      @davisholman8149 2 года назад +1

      SALES - if you have enough inner strength - learn to sell stuff. Never take ‘no’ personally. If you can sell - you can make ALOT of money. It is a gift - focus on what the other person needs & you will be successful.😎✌🏽🇺🇸

  • @savagesalvage9449
    @savagesalvage9449 6 лет назад +190

    My adoptive parents were very old school. They adopted me, taking on the risk and financial responsibility of a 4th child, before I was 1. That after all my older brothers were teenagers and they might have seen an end in sight. I got lucky. They were loving and awesome parents, but they never taught me anything practical, mostly bought me video games and told me to go play. What I learned subconsciously watching my parents included a strong work ethic from my dad who worked 12 hours a day 6 days a week as a professional electrician (in his later years), making enough to hold the family up for 40 years. From my mother, I learned compassion and empathy, what it is to keep a home going and how to effectively entertain a house full of kids, as she worked as a babysitter for a while. From their relationship, I learned what a healthy relationship with mutual respect looks like. A lot of kids don't get that opportunity

  • @yeehaw69
    @yeehaw69 5 лет назад +182

    My parent taught me from an early age to be nicer and more sociable, I was well liked by the teachers and my peer's parents too. But for some reason I was despised by my peers. I was bullied a few years back, and now I've turned them into friends, after I stood up to them. One of them recently came up to me and said that they bullied me because I made no effort to fit in. I would not put up with their B.S and that's what caused them to bully me further. They've come a long way and have matured now, stopped with their bullying. My parents taught me to be nice but not to tolerate humiliation. No one will respect you if you don't respect yourself. This has helped me tremendously, but you might end up VERY lonely as a result. People will typically see you as a threat instead of rivals once you start to out-perform them. But you still have to take the RISK.

    • @nat7535
      @nat7535 4 года назад +4

      Excellent. Something I try to instill in my own children

    • @robinbrown7696
      @robinbrown7696 4 года назад +5

      My Dad always told me "hard workers get rewards"

    • @ela4796
      @ela4796 3 года назад +7

      I had the same experience. Thank you for sharing.

    • @fabianmitrache5799
      @fabianmitrache5799 2 года назад +1

      @@robinbrown7696 work hard and work smart 😍😍

    • @pegwiles5527
      @pegwiles5527 2 года назад +1

      Very well put. Folks w/out parenting have to teach themselves. Self-respect & integrity are the cornerstones of that effort but our self-esteem has usually been injured.
      You sound like you are on your way to great things. Personal peace is a great thing, too & knowledge is its aide.
      If I can't be wealthy, let me be happy. Yee-haw🙆🏼‍♀️

  • @jewelandfriends
    @jewelandfriends 6 лет назад +105

    I'm a single mom just starting my own business. Due to busy schedule I don't have much time to make friends. I consider Alux as one of my true friend. Thanks Alux for always inspiring me.

    • @tazzybear6434
      @tazzybear6434 6 лет назад +1

      I'll love to be your friend..!

    • @sylviacorbin1831
      @sylviacorbin1831 6 лет назад

      jewel and friends wat is your business called

    • @jewelandfriends
      @jewelandfriends 6 лет назад +2

      @@sylviacorbin1831 Luxurious Designs on Facebook and at the moment we got 2 physical store. I'm so inspired by Alux so I named it after this channel 😏😇

    • @jewelandfriends
      @jewelandfriends 6 лет назад +1

      @@tazzybear6434 Thanks 😇

    • @rosej5029
      @rosej5029 6 лет назад

      Are you establishing and maintaining your relationships with the people you do business with?

  • @jjones7837
    @jjones7837 3 года назад +43

    My Father used to skip school and go to the Library. He said, "They have the same books."
    He taught me how to acquire knowledge and apply it.
    My mother taught me how to be Graceful and Compassionate
    and that helping others is the Hallmark of Angels.

    • @themanifestingoddess1035
      @themanifestingoddess1035 2 года назад +4

      Bless them 🤍

    • @Andrewsgirl-xs5dm
      @Andrewsgirl-xs5dm 2 года назад +1

      Well then you had amazing parents. I never had anybody teach me the right way to do things, so life has been very difficult for me. I'm trying to change things for the better, but it's hard because I have nobody in my life who is willing or able to help me in any way. Having good parents is such an incredible blessing. I am happy for you my friend. ❤️

    • @MrRockstar1969
      @MrRockstar1969 2 года назад

      God bless

  • @vanessanellyn
    @vanessanellyn 5 лет назад +278

    Since I was young, my parents taught me to graduate and work in order to generate capital, then take some RISK and generate a money-making business. They also told me that when I'm at the top, I must never forget God and be grateful for all the circumstances that made me who I am today.

    • @Primalkadias
      @Primalkadias 4 года назад +2

      same

    • @soulchampion3027
      @soulchampion3027 4 года назад +1

      You get my Like for a statement well said and for adding "RISK" to your comment.👍👍

    • @ruthblackcat
      @ruthblackcat 4 года назад

      you must be a millionaire by now right?

    • @jamesneil2486
      @jamesneil2486 4 года назад +2

      God is just fiction .....WAKE UP .......

    • @BenjimenAnderson
      @BenjimenAnderson 3 года назад +21

      @@jamesneil2486 I used to not believe in God. But after studying biology and chemistry I doubted how all this could have happened by accident. I takes much intelligence to understand the cell and dna molecule. We are just discovering things that were already here. Also everything is made from atoms and we can't destroy or create and are basically eternal. God made the atoms then put them together intelligently to make all we see. He also made our brains and gave us freewill and intelligence to live life. It is wonderful that He is so good and patient with us. Hopefully you will realize these things as you go through life and God will be patient with you on your journey because He loves you so much.

  • @Speckz513
    @Speckz513 6 лет назад +139

    People get mad at rich and successful people but not mad at their family not setting them up for success.

    • @Tiffanysmith339
      @Tiffanysmith339 6 лет назад +4

      Some people had to climb hurdles..cross traps...to get to where to r...fail numerous times,get rejected 30 times..

    • @Speckz513
      @Speckz513 6 лет назад +2

      @@Tiffanysmith339 What you mentioned has nothing to do with what I said.

    • @TheInceptum
      @TheInceptum 6 лет назад +3

      You set yourself up for success not your family. It comes down to YOU.

    • @Speckz513
      @Speckz513 6 лет назад +10

      @@TheInceptum That's right but if someone started off with parents who are already successful and thriving, it will rub off in them more than likely (without the kid becoming entitled, spoiled or incompetent).

    • @Mystique8urballs
      @Mystique8urballs 6 лет назад +1

      So true. It would kill my parents just to give me wealth advice. Well fuck them their loss.

  • @medinaroseallen5228
    @medinaroseallen5228 4 года назад +210

    My dad told me "if you got something to do, do it now". Best advice I ever had.

  • @mfonudoh7940
    @mfonudoh7940 4 года назад +26

    My parents taught me no matter how much you want to progress in life (whether in your finances or career ), ALWAYS remember to be humble but never compromise/RISK your self-respect.

  • @denisemcwhorter179
    @denisemcwhorter179 6 лет назад +96

    My mom taught me that no one owes me anything. With that I got off my butt and went to work on myself and my career. RISK is opportunity!

    • @rrpearsall
      @rrpearsall 5 лет назад

      Not true.. Your parents owed you food, clothing, shelter, and protection until your are 18 years of age.. I'm so thankful you got off your very, very, big butt ;) to provide food, shelter..etc.. Maybe your baby will be a comedian some day or get slapped some day if the same thing happens to a random stranger. lol

    • @sharpshooter188
      @sharpshooter188 5 лет назад +4

      No one owes you anything. Until you make them via contracts. lol

    • @LongAwaitedBaby
      @LongAwaitedBaby 5 лет назад +3

      I find that some poor people feel that rich people owe it to them. If you are from a rich family, some poor people feel that they can borrow things from you without returning them. They do not see why they should return you your things just because you are from a rich family. Some poor people will hang around you just to get free food. They do not see a need to chip in.

    • @eksdeeee4113
      @eksdeeee4113 5 лет назад

      @@rrpearsall are you high?

    • @rrpearsall
      @rrpearsall 5 лет назад +1

      @@eksdeeee4113 not now unfortunately

  • @seano25
    @seano25 6 лет назад +261

    I am now an engineer because of this channel. Thanks a lot. I am always motivated to achieve my goals.
    RISK!

    • @alux
      @alux  6 лет назад +18

      Happy to help!!

    • @jessbragg1
      @jessbragg1 6 лет назад

      so,if this channel has been around since 2013, and NOW you're an engineer, and it takes 4 years to graduate, that means alux was changing lives within it's FIRST year! not bad!

    • @seano25
      @seano25 6 лет назад +2

      @@jessbragg1 I start watching in 2016.

    • @ramesesleviel5513
      @ramesesleviel5513 6 лет назад +2

      salute bro

    • @keyurmulrajani2221
      @keyurmulrajani2221 6 лет назад

      Louise Louise ✌

  • @chandlermorris1
    @chandlermorris1 5 лет назад +52

    My parents taught me two lessons that are connected. Never wrap your emotions up with your money and learn when to fight, compromise, or walk away. My parents were well off. Not super rich but were well off enough that I grew up in an affluent neighborhood. There money was in real estate. They owned a number of rental properties that brought in quite a bit of passive income. However, my mother continued to work as a school teacher because she loved education. When I was a teenager, all hell broke loose. Just before I turned 14 started a near 7 year long divorce where neither of them refused to budge on ownership of these properties. All but two of these properties were finally liquidated in short sales, to include the house we grew up in. And they ended up each living in the condos that remained. Through their actions, I learned that it is better to genially work with someone, rather than lose it all. And never let your emotions control your decisions with money.

    • @pratiktiwariramji
      @pratiktiwariramji 2 года назад

      Great ,Most important points

    • @lindakingsley9486
      @lindakingsley9486 2 года назад +2

      Money is Energy. It is meant to flow; not stay solid. Money is paper and ink, or banking and bit coin it is only 0s and 1s. It is the value you place on it. It is your thoughts and feelings about what money is and is for. You can not take it with you to the other side (Heaven). So how do you use money for the better to have a happy growing in Spirit experience on this planet. Money is a tool to help you expand your perception through cognitive and critical thinking to have the best choices to make paradigm shifts to make your life and other peoples lives better. Do what is best for all concerned and that does include you. Not what's in it for me and survival of the fittest. Good Fortune to you and yours.

    • @charlenetriche4732
      @charlenetriche4732 2 года назад

      @@lindakingsley9486 I totally agree and love your insight. Also poor people were not taught what t do with money. The rich don’t know what to do with money. Wealthy people listen to God and they build where He says build and the money keeps coming back to them. Then they listen again and it comes back again. I adding to your post because it was Word!

  • @armandotorres3107
    @armandotorres3107 4 года назад +51

    Honestly my parents never taugth me any of these valuable advices; but is always nice and good that such good people out there transmit these kind of wisdom so we can take advantage and get educated in terms of financial and life education.Thank you Alux for transmiting these wonderful videos and let ignorant people like me to absorb as much as i can this kind of wisdom.

  • @kerryevans7604
    @kerryevans7604 6 лет назад +62

    My parents taught me to respect people and treat them the way I would like to be treated.

  • @keithzinhagel4778
    @keithzinhagel4778 6 лет назад +338

    I will become a milionaire before I turn 40..........I am 26 currently living in a third world country called Suriname! I will hustle I will make it I will Risk it!

    • @shannonkendrick2561
      @shannonkendrick2561 6 лет назад +8

      See you there💰

    • @00remash91
      @00remash91 6 лет назад +2

      Good luck

    • @thanos2399
      @thanos2399 6 лет назад +7

      Keith Zinhagel
      Commenting to see progress in the next 20 years...
      Good luck and be well!

    • @gibransaliba8801
      @gibransaliba8801 6 лет назад +3

      Keith Zinhagel believe and you can achieve

    • @tenayasimpson6180
      @tenayasimpson6180 6 лет назад +9

      Keith Zinhagel Suriname has a revolutionary history! Your ancestors are revolutionaries! I have always wanted to visit this land and breathe the air and bask in the glow of a people who stood up and fought for their freedom. You are free to choose the life you desire. Stick close to your heritage!

  • @deathcheater9303
    @deathcheater9303 6 лет назад +64

    MOM told me that time is priceless. Didn’t take heed nor understood why she had stated that until after she had passed away.

    • @caesarillion
      @caesarillion 6 лет назад +1

      Gats tuh luv dem oldies, Bro! Hahhahaha. Really my mom died too. Time to find another oldie still kickin'. Live 100 years in Jesus.

    • @karishort7561
      @karishort7561 6 лет назад +1

      💖💖💖

    • @hewhoshallnotbenamed5633
      @hewhoshallnotbenamed5633 6 лет назад

      Time is all we have - time is our MOST PRECIOUS ASSEST

    • @junk1347
      @junk1347 6 лет назад

      Your health is your wealth

    • @donthomasakadont
      @donthomasakadont 5 лет назад

      Bobby’s World man I can relate to you there, but have you grasped it sense her passing? My mom and grandmother passed away 3 months apart and Grandma really raised me as her son but Mom birth me in Life so now I’m just pushing to follow through on things we discussed in their lifetime. It’s turning out pretty well in my point of view. For the both of us!

  • @terlumunjoseph6274
    @terlumunjoseph6274 2 года назад +16

    My poor father always told me to have wisdom, my well to do mother, emphasized fighting for what you want. She taught me courage. It took me decades to reconcile this truth between both parents. Now I feel at peace with this truths. Thanks

  • @vaughnbennett2294
    @vaughnbennett2294 5 лет назад +293

    sometimes hearing other people say what you are already doing is most satisfying.

  • @siddharthashukla6787
    @siddharthashukla6787 6 лет назад +218

    Increase income instead of lowering expenses. That one was the best

    • @Paul_Sullivan
      @Paul_Sullivan 5 лет назад +23

      Do both at the same time

    • @KF1
      @KF1 5 лет назад +11

      @@Paul_Sullivan that's exactly right. They're not mutually exclusive.

    • @omarfarique6304
      @omarfarique6304 5 лет назад +2

      @@Paul_Sullivan
      Why would you lower expenses? What's the point of making money if you don't spend it? So lowering expenses simply don't make any sense in fact just as the quite stated people should increase their income instead.

    • @Tjark-Vel
      @Tjark-Vel 5 лет назад +10

      Omar Farique by lowering your expenses you can Safe money to start investing or invest the saved money directly into for example stocks

    • @omarfarique6304
      @omarfarique6304 5 лет назад +3

      @@Tjark-Vel
      No man that's not being smart. If your expense is let's just say $1.5K per month then find something where you can make more money than that. So if your expense is $1.5K then do something where you will make $3K for example. This way you can invest the extra $1.5K. And you don't even have to change your lifestyle. If you do decide to increase your expense then your income must increase proportionally.

  • @5555ashish
    @5555ashish 6 лет назад +330

    Money speaks only 1 language: - You Save me today, Il save you tomorrow :)

    • @LifeOfLisa28
      @LifeOfLisa28 6 лет назад +11

      Ashish Puthran the most realest thing I have heard in a very long time.

    • @manuelmoraleda9684
      @manuelmoraleda9684 6 лет назад +6

      Reminds me of my father's advice - A ready cash is your best friend !

    • @blessall8856
      @blessall8856 6 лет назад +4

      Saving is correct but do not take it to extreme cheapness because that is a turn-off.

    • @CHSCxp
      @CHSCxp 6 лет назад

      your bankers, auditors, fund managers will save you and mess up with your familiies. :-) else, you have papers to do all the jobs... its all shallow ideals about living a life.

    • @DnVFMVs
      @DnVFMVs 6 лет назад

      This this is why people are poor

  • @cricketabhi
    @cricketabhi 4 года назад +61

    I like the voice of the speaker. Energetic and crystal clear. She's half the magic apart from the content 👍

    • @rosej5029
      @rosej5029 4 года назад +3

      It's so important for the narrator of ANY RUclips video to have the kind of voice that makes people want to continue listening to the video instead of skipping to the next one.

  • @sagariesleo4577
    @sagariesleo4577 6 лет назад +163

    My Mother taught me how to spend less invest more. The goal was always to retire early from the slavery mind of the 9 to 5 mentality. #Risk

    • @chp21600
      @chp21600 6 лет назад +2

      Why #risk using curse words in your videos? Raise expectations of the viewers. Enjoyed the information!

  • @rosemay4526
    @rosemay4526 4 года назад +271

    My mother always taught me how to dress well, without spending a lot of money.

    • @kayaeki
      @kayaeki 4 года назад +14

      can you share some of the advice please? thank you

    • @amanlakra7484
      @amanlakra7484 3 года назад +2

      Me 2

    • @usaidgamer2509
      @usaidgamer2509 3 года назад

      Oic

    • @pebblebrookbooks4852
      @pebblebrookbooks4852 3 года назад +1

      My mom was a "looks don't matter" person. I need make up and skin care help too pls

    • @thegem597
      @thegem597 3 года назад +1

      @@pebblebrookbooks4852 lol..same

  • @samkaria1916
    @samkaria1916 5 лет назад +33

    My mama taught me to be fearless and live on my own, independent of any needs.
    It's helping me now.💎

  • @LVNGSOULSirLsa
    @LVNGSOULSirLsa 2 года назад +34

    "The Love of Money is the root of all evil". It's the love of Money! Not the money itself... completely different. ✌🏻

    • @lindakingsley9486
      @lindakingsley9486 2 года назад +1

      Agree. I think you see in this video what I see. This video teaches to love money over humanity.

    • @manitizlucia7988
      @manitizlucia7988 2 года назад

      Perfect for words No sin in great wealth and no virtue in poverty

  • @AllenM-r1s
    @AllenM-r1s 4 года назад +304

    My parent never taught me about money. I learned when I became an adult. They couldn’t teach me what they didn’t know. I’m now starting to educate my son.

    • @krishafyme
      @krishafyme 4 года назад +4

      Exactly, my parents didn't either, also bcoz I m a girl, tough I started leaning myself via books n internet, now I go to my dad and start some money conversation and he happy with me tough, but there is lot more to learn

    • @lamonthamilton667
      @lamonthamilton667 4 года назад +1

      Good for you and this is the lament of many people.

    • @kayaeki
      @kayaeki 4 года назад +1

      im proud of youu!

    • @LarennJay
      @LarennJay 3 года назад +1

      Exactly

    • @MsNantal
      @MsNantal 3 года назад +1

      You are the one who will show the rest that it can be done and how to improve your life. Every family needs a member like that.

  • @RealEstateInsider247
    @RealEstateInsider247 6 лет назад +202

    10:24 The saying from the bible is NOT, "Money is the root of all evil" ... It IS, "For the love of money is a root of all kinds of evil." which is a perfectly true statement. That is one of the most misunderstood and misquoted verses in the bible. The saying refers to the "LOVE of money". There is nothing inherently wrong with wealth and success. They are only as good or bad as a person does with their wealth and success. Obsession with money and selfishness can manifest themselves into many kinds of sins.

    • @Joseph-cn3vr
      @Joseph-cn3vr 6 лет назад +12

      You're 100% right because we use money in our daily life however some people misuse them due to lack of wisdom. We really need to know that wealth + wisdom is equal to extraordinary life.

    • @spinawellness8464
      @spinawellness8464 6 лет назад +1

      True; that's why it states in the video that "money is a tool, nothing more and nothing less". I translate that as a warning to not obsess over it. The evil plays a part when greed sets in. Greedy people really have no value when it all boils down.

    • @brandiva8901
      @brandiva8901 6 лет назад +3

      Exactly! That's pure truth.

    • @alawishes1733
      @alawishes1733 6 лет назад +2

      As long as you know the word of God is true... that making sense out of nonsense is non-negotiable. The rest is peaceful. Alux is an interesting perspective. However, it is not a Scriptural perspective. We who believe in the word of God know His voice. We can't expect foreigners to Hear Him. The tools from this video are stable in theory. It is up to us to work them thru the truth we know are self-evident. You corrected the statement (scripture) that was the right thing to do...the rest is up to the reader. I hope this finds you smiling having a swell day.

    • @edbern007
      @edbern007 6 лет назад +2

      @@binauralfortune greed by turning a blind eye to people in need....corruption...taking advantage of others..putting money before God which is breaking the first commandment.

  • @kinghmb8274
    @kinghmb8274 6 лет назад +96

    Alux
    I am from india still in highschool
    And india parents dont support the
    Ideas of business and entrepreneurship
    My parents tell me that I can do this after I graduate but I tell them
    It's better if I gain the knowledge apply them
    So I come here to gain the knowledge about money and gain inspiration
    Thank you so much....

    • @maximpro4562
      @maximpro4562 6 лет назад +11

      KingHMB your Patents are right, if you yet don`t have money, graduate and then you have a Chance to get the money for entrepeneurship etc. But it won`t work without capital, Connections and Trust in you. So build your social trust first with a degree. Try to have some Side business with products. This can make you richer. Buy and sell. But focus on your degree first, work few years in big companies, get inside knowledge and capital and then be an entrepeneur one day. Else it probably will Fail like 90% of entrepeneurs do. Those who succeed without all that.. probably at least their parent`s did those things before and gave their money and Connections to help to Start ther business like the jews do... Plan big is good, but do/work/connect bigger, you have to suffer a little first, build yourself up while Learning and most important, do new things, leave your comfort zone! Hope this advice helps. ;)

    • @gedranon3888
      @gedranon3888 6 лет назад +1

      You can survive my friend, you can

    • @gedranon3888
      @gedranon3888 6 лет назад +1

      Just look for ways

    • @rastafari1082
      @rastafari1082 6 лет назад +1

      learn how to sell

    • @emmanuelasamoah3902
      @emmanuelasamoah3902 6 лет назад +2

      KingHMB same in Ghana

  • @mayholland2732
    @mayholland2732 3 года назад

    The night before my mother passed away in 1983. She told me to finish my education. I did, I was lucky that I got full scholarship from my uncle and aunt who happily paid my way to finish my education. Today, I feel that was the best thing I have done in life. It helped me cope with the ever changing life I have and most of the time I do not think I could have survived coming to a different country all by myself. Today, I still feel alone in a sense that I am 100 percent in charge of paying my living cost. I feel like a rich and a poor person. But is still happy. I took many Risk some succeeded and some failed. I thank God everyday for everything that is happening in my life. I believe that will eventually change and improve for us. God bless and thank you.

  • @ecloudstorageplan4922
    @ecloudstorageplan4922 5 лет назад +54

    I come from a family with money, and my parents always teach me the importance of money, and that you should not take advantage of it. I’m very lucky to be in the situation that I am in.

  • @KrishnaJPal-gx5zv
    @KrishnaJPal-gx5zv 6 лет назад +91

    My mother actually told me..to just observe with logic and not an emotional perspective much 🍃

    • @Generational_Wealth
      @Generational_Wealth 4 года назад +6

      Your mother's a genius.

    • @masterkyun4403
      @masterkyun4403 4 года назад

      i like this, this is gold! it is something most people need to learn.

    • @KrishnaJPal-gx5zv
      @KrishnaJPal-gx5zv 4 года назад

      @Vincent T. I don't appreciate that immoral statement.

    • @vinuta3647
      @vinuta3647 3 года назад

      That is such a great thought

  • @whyaminotoriginal
    @whyaminotoriginal 4 года назад +18

    My mom taught me about credit and debt very early. It didnt stop me from making my own mistakes but I have never downplayed its importance.

  • @d.i.j.a5130
    @d.i.j.a5130 2 года назад +1

    Lessons I learned from my parents:
    1.)Never spend your time on something you can pay someone to do for you.
    2.)Connection and networking are everything. you need to know people
    3.)read books, lots of them
    4.)wealth is a mindset
    5.)never underestimate people
    6.)People are a valuable asset, no matter who a person they have value.
    7.) Never forget the past or your history so you don't make mistakes from the past
    8.) Learn from other people's mistakes
    9.) Make yourself valuable
    10.)work smarter, not harder
    11.)money is not evil
    And some other ones I can't say here.

  • @josephharris2372
    @josephharris2372 5 лет назад +47

    Manners and Kindness, Mom.
    Responsibility and Discipline, Dad.

    • @royferguson3909
      @royferguson3909 2 года назад

      3 years on.....manners man the man ( or women )
      you are still ,
      ' on - trend '


      man and women
      😊
      are you still alive

    • @royferguson3909
      @royferguson3909 2 года назад

      manners make the person...to be correct, my predicted text..takes over

  • @vermillionorange
    @vermillionorange 6 лет назад +31

    My parents taught me: "Invest in education. It's one thing that can't be stolen from you".
    And they were right. No regrets. And still "investing".
    RISK!

    • @mrs.scissorkick6669
      @mrs.scissorkick6669 6 лет назад +1

      a student loan debt is a risk if your educations doesn't pan out. Debt is debt...a safe, lucrative and economically useful degree is what everyone should have.

    • @quincekreb6798
      @quincekreb6798 6 лет назад +2

      A college degree doesn't promise a good financial future. There are many trade skills that pay much better than many degrees and cost 50% or less than a Bachelor's Degree.

    • @BelleMeow
      @BelleMeow 6 лет назад +1

      in the Philippines education matters. Maybe not in US bec we dont have student loan. .. If you are not smart enough for a scholarship and no money for enrollment your doomed ... thus if your educate you get a job! Thus this is true

    • @vermillionorange
      @vermillionorange 6 лет назад +2

      @@BelleMeow Well said ^^ Unlike in the US, we don't drown in debt and don't see getting an education as a "burden" that we have to carry till employment.

    • @vermillionorange
      @vermillionorange 6 лет назад +2

      @@quincekreb6798 True. Maybe I just got lucky to graduate without taking up a student loan and such, or had to pay high tuition fees out of my pocket (well, my parents').
      But believe me, education is very important here. It's like a pass to a comfortable life.

  • @tristantu33y
    @tristantu33y 5 лет назад +342

    "Life sux then you die." Quote from my parents. That's why I chose at a young age to be nothing like them. Here I am now being the most successful person in my entire family.

    • @apollofateh324
      @apollofateh324 4 года назад +20

      Same, part of me wants to succeed out of spite.

    • @tristantu33y
      @tristantu33y 4 года назад +32

      @@apollofateh324 I don't like to do things out of spite but man, those people that put me down for having big dreams and said I could never get there because it's not realistic. I have proven them wrong just for the fact that anything is possible if you put your mind to it. So now I'm doing what other people won't do, so I have the life that they can't.

    • @t.laero_dynasty9442
      @t.laero_dynasty9442 4 года назад +4

      @@tristantu33y btw then what is your profession

    • @moniquejohnson6143
      @moniquejohnson6143 4 года назад +1

      That's amazing! Keep going!

    • @tristantu33y
      @tristantu33y 4 года назад +12

      Yeah man same thing, put me down for not being realistic. I didnt listen. 5 years later I make more than my old boss, which is hard to beat, also like a 2nd dad/ mentor to me. He is so proud of me now and he said he will be mowing my lawn. Takes time, you just have to keep proving everybody wrong. Watch me. I take it all as motivation.

  • @esthertaqwai7928
    @esthertaqwai7928 2 года назад +9

    Hardwork pays and staying humble is one of the lessons I learned from my parents that has really help me in life

    • @davisholman8149
      @davisholman8149 2 года назад

      When you are young live like a pauper. Rent a room & work several jobs - buy properties as rentals - or a duplex - you live in one side & rent out the other side.work really hard while you are young. This can set you up for a great future. Be careful what you buy - don’t buy in scary areas - your renters will cause problems for you that will ruin your investment.

  • @tarunmakhija22
    @tarunmakhija22 6 лет назад +29

    Best lesson from my parents: "be dependable, not dependant."

  • @mrrusso1915
    @mrrusso1915 4 года назад +41

    What my parents taught me ... 2 family values: Integrity, Compassion. These serve me in good stead. But, sadly, my parents were children of the great depression. They missed a 3rd family value which I now believe would be just as valuable ... a healthy attitude toward money and wealth. The lack of this proper attitude has caused great suffering.

    • @lindakingsley9486
      @lindakingsley9486 2 года назад

      This video does not teach values. It teaches survival of the fittest.

    • @kessphotography8606
      @kessphotography8606 2 года назад

      I started a Moms & Money Book Club for the very reason you listed last, to help moms develop a healthy relationship & view of money, so in turn they could teach their children to have the same healthy relationship

    • @lindakingsley9486
      @lindakingsley9486 2 года назад

      @@kessphotography8606 I hope your book club stops the money over humanity mind set and helps to make money balance with human cognitive and critical thinking to make good choice to thrive for all concern including you and me. This, to me, is the essence of being human and learning to be a good soul and good person on this earth. Thank you. Good Fortune to you and Love and Light to you and yours.

    • @davidh5101
      @davidh5101 2 года назад +1

      "Once integrity is lost, the rest is easy"

  • @taraniterium5374
    @taraniterium5374 4 года назад +29

    "no matter how you end up in a tough situation, the only one that can do anything to truly fix it so anything about it, is you."...My parents didn't teach me this, I had to learn it on my own but still a valuable lesson. It's your life your responsible for it.

  • @osbornesophia5413
    @osbornesophia5413 2 года назад +220

    *To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*

    • @osbornesophia5413
      @osbornesophia5413 2 года назад

      @Hernandez Torres Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

    • @osbornesophia5413
      @osbornesophia5413 2 года назад

      @Hernandez Torres I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

    • @alicemuller9386
      @alicemuller9386 2 года назад

      Great! I like where your heads at. Really find it helpful to see people share their different ideas here, many people out there don't have opportunities to access such useful information.

  • @TheshayWest
    @TheshayWest 4 года назад +14

    The most important lesson I was taught by my parents was the power of never giving up on ones self. Living in poverty and watch my mom work the hardest of jobs and reaping the lowest of rewards all to take care of her family was difficult for me. However, she now has two young men who are passionate creatives who saw the contrast in their upbringing. That contrast made us aware that we did not like that and taught us to value the things money can't buy. We also learned that our minds can create infinite wealth, empires, solve world problems. A billion dollars is only an idea away. There really is no RISK in striving for wealth because even in failure there are seeds of success that make you more successful the next time. Live, Love, Laugh, and grow!

  • @nathanhogue6588
    @nathanhogue6588 4 года назад +11

    "Treat others the way that you wish to be treated." It might not be rewarding today but there is a day when it will be.

  • @daniele4312
    @daniele4312 6 лет назад +4

    I come from a very religious family in which both my parents believe that praying to god will make u rich.. this is why we are broke. Being heavily influenced by them in my early childhood could have ruined my life if I kept that typical Christian mind set:”if you ask God it will happen” Alux has really opened my eyes and made me less lazy. I am 17 now and I’m on route to be making more than both my parents. I will Risk it

  • @JupiterFerrari
    @JupiterFerrari 4 года назад +17

    My parents taught me many things...the 'saying' that sticks out the most was "Stick to a task until it sticks to you, beginners are many but enders are few..." Repeating this mantra over and over helped me graduate college @ 47 with a BS in Software Development...!

  • @19pradeepsv66
    @19pradeepsv66 6 лет назад +47

    That's exactly why the Rich gets Richer and the Poor gets Poorer.

    • @carlitoxb110
      @carlitoxb110 6 лет назад

      Pradeep S V your hair doesn’t work with night mode RUclips 😉

    • @sunilkumar583
      @sunilkumar583 6 лет назад

      No one can teach how to become rich or poor it must be in genes if u r born with rich genes otherwise no genes to become poor😊

  • @barbaraz1618
    @barbaraz1618 6 лет назад +29

    My parents taught me to do the right thing because you always have to sleep with yourself. That’s easier to do when you have a clear concise.

  • @MetalSanaz
    @MetalSanaz 6 лет назад +69

    I wish every parent would watch this. It's sad what's happening now to our new generation. Parent's don't think ahead into the future because seems like themselves don't know much.
    I really wish you guys would get a channel on Netflix.
    This type of information needs to get on platform where people can't stop or don't get away from.
    Best wishes to you guys
    And thank YOU

    • @bryanansong572
      @bryanansong572 6 лет назад

      yeah i agree

    • @aarnyMagic
      @aarnyMagic 6 лет назад

      True

    • @g_chahal4831
      @g_chahal4831 6 лет назад +2

      Blaming other is another habit of poor ...... Remember this ... Don't mind baby.

    • @mm-bu4vc
      @mm-bu4vc 6 лет назад +1

      Baby lol

    • @InYeshuasHolyName
      @InYeshuasHolyName 3 года назад

      Bwaaaaha lmaoooooof 🤣 , get a show on Netflix Ha " you really think Netflix would put this content on their platform 😜 doubtful 🧐. Ha 😂🤣 (Ballance) 😎.

  • @DatNguyen-vj1ro
    @DatNguyen-vj1ro 3 года назад +1

    My dad taught me to always be kind to people. He said, in history, those who are kind will be successful in life

  • @Generational_Wealth
    @Generational_Wealth 4 года назад +280

    To answer your question: My mother taught me to do taxes at 10 and I was preparing the neighbors taxes for a 50/50 split of $100 by 11.
    The lesson was - know your numbers, grow your numbers.

    • @monkeyhilt6824
      @monkeyhilt6824 4 года назад +5

      Hey I learned those things when I was 4 because my mother was dying and my father was too.

    • @thebookwasbetter3650
      @thebookwasbetter3650 4 года назад +11

      My dad taught us to do this around 15. Good life lesson. People always ask why they don't teach you important things like taxes and folding a fitted sheet in school. Well shoot, that's a lesson your parents are supposed to teach you not the public school system.

    • @lamonthamilton667
      @lamonthamilton667 4 года назад +3

      would all parents think this way.

    • @themonsterwithin4000
      @themonsterwithin4000 3 года назад +6

      @@thebookwasbetter3650 No, the school system should too

  • @keekli9046
    @keekli9046 6 лет назад +11

    Risk!!
    My parents were good with high expectations, money is good, knowledge is more valuable than money in the long run
    This is one of my favorite videos
    Thanks Alux!!

  • @dianaismyname8653
    @dianaismyname8653 5 лет назад +20

    My parents taught me that knowledge is not power, rather applied/tested/tried knowledge is powerful. Application is key. 💯
    Repetition is the mother of all skill.

    • @paakwesi730
      @paakwesi730 2 года назад

      God bless your mom

    • @jackjack4412
      @jackjack4412 2 года назад

      Great job girl!! I thought I coined the first phrase.

  • @rosej5029
    @rosej5029 4 года назад +35

    Two best lessons that my mother taught me are to respect the power and impact of knowledge/education. Second, trust no one 100%. People are flawed and therefore are liable to hurt me if I'm not careful. Risk

  • @flassalyrics5043
    @flassalyrics5043 4 года назад +18

    I never learned too much about money from my parents, but my favorite OG taught me this, he siad fortune favours the brave, to me thats means guts & hard work..

  • @Socrateez0217
    @Socrateez0217 5 лет назад +13

    My dad was pretty old fashioned and isnt from here. He just taught me to work hard at a dead end job. And my mom taught me the same. (More or less). Its difficult to break out of that shell and think outside of that box but i have done it and im working on it as we speak. Thanks to channels like this one. Thanks Alux.

  • @lucifer8163
    @lucifer8163 6 лет назад +10

    My parents taught me "Hard work always pays off with a little pinch of smartness."

  • @sharonpritchettrichards2426
    @sharonpritchettrichards2426 2 года назад

    My father taught me that my success depends upon my efforts . He also was very clear that no one is so special that he or she can't be replaced in an organization. That can seem insulting, but I came to understand that it doesn't refer to the intrinsic value of a person, but to specific functions one fulfills. One needs to be aware of competition, not to destroy it, but to move deftly ahead of it.
    My mother taught me that no matter what an employer may say, he or she has no obligation or loyalty to me and that I should play by the same rules. When I was 16 she helped me look for my first job. Some employers wanted me to promise to stay for a certain time. She told me that they'll let me go immediately if they felt the need, and I need not feel more obliged to them than they do to me. I was naive, and getting my first job helped me see the paradigm differently.

  • @Ijaf98
    @Ijaf98 6 лет назад +83

    I’m was reading “Rich Dad Poor Dad” and this uploaded lol

    • @florencialorenzo230
      @florencialorenzo230 6 лет назад +4

      Lawrence Stewart the exact think happend to me!

    • @HakimNadir
      @HakimNadir 6 лет назад

      good book, just finished reading it

    • @kanishkaralasi7408
      @kanishkaralasi7408 6 лет назад

      The same happened With me

    • @hilloltalukder81
      @hilloltalukder81 6 лет назад +2

      Save 20% ,don't Waste money, on such other things, Rich mentality Poor mentality ,!! Bro I Read That book Too!! It's kindly Helpful to me!! I saved money From the year -2014 !! Am Succeed to buy my dream car, Mustang !!! And sry my English Sucks!!

    • @hilloltalukder81
      @hilloltalukder81 6 лет назад +4

      @Bharath :bro just read that book!! U will understand

  • @jassikuk
    @jassikuk 6 лет назад +12

    One of the most knowledgeable video. Key eye opener: Money is the root of all evil is a poor people's saying. Money is merely a tool to navigate your life.

  • @chegenyaga5619
    @chegenyaga5619 6 лет назад +9

    My parents gave me the freedom to take risks in life but always reminded me that freedom comes with responsibilities.

    • @lindakingsley9486
      @lindakingsley9486 2 года назад

      This video teaches that the rich are not responsible for what they do to others and to the rich; that's ok. It is cold and heartless.

  • @blackwunk
    @blackwunk 3 года назад +16

    It was my Grandmother who taught me most of the things I needed to know about money and a few other necessary things. Unfortunately I lost her mentorship when she passed shortly before I turned 18 years old.
    Small minds talk about people(!), but my parents were a financial mess. Even though they both had better than decent jobs they worried about having things (TVs, used cars, etc.) and throwing parties, barbecues and get togethers. The same faces would show up every time, eat, get drunk and 'Goodbyes' all around when food fatigue finally set in. Only recently have I seen that I have to break the cycle and do better AWAY from them if my family is truly going to climb out of the mundane, mediocre and stagnant practices we've been doing for decades.
    P.S. - "R I S K."

    • @lindakingsley9486
      @lindakingsley9486 2 года назад

      I understand; my generation was the having things too but balance money with Love and Light. Use cognitive and critical thinking to make those balanced choices. This is what the rich want to take away from you. Remember this.

  • @moniquenoel-gunter
    @moniquenoel-gunter 6 лет назад +23

    When the fox can't get the grapes, he calls them sour. People say mean things when they can't bring you down. Don't believe them. Keep doing well because the best revenge is living well.

  • @StellaLillig
    @StellaLillig 5 лет назад +13

    Risk
    My father taught me to be humble, honest. And from my mother to be persistent.

  • @guilhermesoares4475
    @guilhermesoares4475 5 лет назад +13

    My Parents Always Told Me To Work Hard For Myself Because No One Else Will. My Life All Risks On My Decisions In Life.

  • @sobored8742
    @sobored8742 2 года назад

    I always was the type of person who get too attached to things and have difficulties letting go of stuff, and i'm still kind of are, to be honest, but i think it's way less then before. My dad would always repeat to me that being heartless or cold sometimes and just walking away from toxic environment and relationships, or anything that won't do me anything beneficial, will be the right choice in the long run, and that even if i cry for a couple minutes at first, i would never regret it in the future. He was talking from his own personal experience, and then it even happened multiple times to me, and I'm sure to most people too. And he was right! Saying "f*ck it" and cutting ties with people/things who don't deserve our time and energy really is great! And now it just give me big feelings of relief even though it hurts me a bit depending on the situation.

  • @shivgoyal5134
    @shivgoyal5134 6 лет назад +23

    Always be respectful and humble towards every person you ever meet regardless of their financial or power position. You owe nothing to the world and you own nothing in the world.Also never be scared to take risks in life. Your life is just a message to the world so make sure it's inspiring. RISK!
    I come from a middle class family and this is what my parents taught me.

    • @josephdrach2276
      @josephdrach2276 6 лет назад +1

      Did your parents include themselves in the category of "the world"?Were they saying,"When we become old and weak, perhaps even when we are dying,you don't need to take care of us,just do whatever you want as long as it makes you feel happy".Did they include the children you might have in this list of "the world"? Because if they did,you'll need to have no children because you would owe them nothing ,just as you would owe your parents nothing.This attitude is all about being a narcissistic psychopath.I owe my parents a debt beyond calculation.I owe the world a vast debt.I think your parents didn't mean for you to be a self centered jerk.I hope they taught you that other people matter, sometimes more than yourself.If this Idea seems strange,it isn't.Ask a person who has a baby whether they would give there life for that baby and you'll hear yes,time after time.If your parents didn't put you ahead of themselves,you probably wouldn't be here.Many people play a part in helping you live.If you think about where the most basic things you need to live come from, you'll see that even the most humble and simple people help feed,house and clothe you.If you want to feel you owe the world nothing,I guess you can. I see it just the other way.

    • @shivgoyal5134
      @shivgoyal5134 6 лет назад

      @@josephdrach2276 you are right with your perspective.

  • @cellamoore
    @cellamoore 6 лет назад +10

    one of the things my mom taught me was to wake up early and always complete your task, even if it risked the amount of sleep you got.

  • @diamondandpurl
    @diamondandpurl 4 года назад +16

    My Mother taught told me"time wasted can never be regarded, so always value your time".

  • @RockyBear216
    @RockyBear216 3 года назад +13

    "If you love what you do, you will never work a day in your life." My dad was a business owner who "never worked".
    As an owner myself, I love what I do & solve people's money problems thru education & services. I get to change people's lives.
    Risk!! #WomenRuleTheWorld

  • @AlpheusGibbs
    @AlpheusGibbs 6 лет назад +104

    My father taught me that laziness will kill you.

    • @mydear6788
      @mydear6788 6 лет назад +6

      My dad had told me "if laziness was painful, you would be screaming"

    • @Inkdraft
      @Inkdraft 6 лет назад +6

      It brings poverty right through the door.

    • @deshonmiller5573
      @deshonmiller5573 6 лет назад +1

      So funny that the African Americans comments are up on laziness but to be truthful that Americans should be actually said where's my reparations because everybody built their wealth off your ancestors back so who truly lazy and so is that are now talking about themselves being wealthy off of your labor think about it! B1

  • @keziaguy6056
    @keziaguy6056 5 лет назад +19

    I.lowered my expenses and increased my income. Also listen to Dave Ramsey, and I'm currently paying off my house loan. I am in the egg production business...I currently am working towards 5k layer chickens... and I would have taken the 4 day vacation. Thanks for the video

    • @dothedeed
      @dothedeed 5 лет назад +1

      Be careful with some of Dave Ramsey's advice. He went bankrupt using balloon mortgage to flip houses so his attitude towards debt can be extreme.

  • @rehenapervin4986
    @rehenapervin4986 6 лет назад +16

    my father teached me to be kind to people and value people,he teached me the importance of time.he teached me to be humble and grateful for what we have. he teached he to respect people because money can be learn if I loose it,but humans never come back after they pass away.my mother teach me to trust and always being true and never lie.
    my father is my hero, he passed away on 14th August 2018,I am 14 years old.he was a legend.

  • @toralayous8500
    @toralayous8500 2 года назад +41

    This is a well detailed and informed video. I'm here to learn how to invest after listening to a guy over the air talk about the importance of investing and how he made $410,000 in 5months from $180,000 startup. Somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas

    • @amydannyson5644
      @amydannyson5644 2 года назад

      NFTs stock and ForEx trading should be at every wise individual's list. Soonest you will be euphoric with the decision you made today

    • @toralayous8500
      @toralayous8500 2 года назад

      Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?

    • @sambrambilla3524
      @sambrambilla3524 2 года назад

      How much did you start with and how much have you earned so far?

    • @lampwhite8855
      @lampwhite8855 2 года назад

      The trick always is to diversify your investment, don't panic when everyone else is and invest consistently

    • @toralayous8500
      @toralayous8500 2 года назад

      Wow! this is so amazing, please how do I get in touch with Mrs Denise Mitchell, I would love to trade with her

  • @awakenthegreatnesswithin
    @awakenthegreatnesswithin 5 лет назад +67

    Focus on creating Multiple Streams of Income, make money work for you.
    My father told me to be an Entrepreneur.

  • @szatkown
    @szatkown 6 лет назад +83

    “The rich never feel entitled to anything”...lmao!!!!

    • @kiterafrey
      @kiterafrey 5 лет назад +14

      Right? I’ve never met someone rich who didn’t struggle personally to reach wealth who wasn’t entitled and felt other humans were their personal slaves, especially if the topic is children working overseas for a dollar a day.

    • @brilliantidiot2193
      @brilliantidiot2193 5 лет назад +10

      Celebrities live that entitlement life the majority of wealthy people could care less

    • @Kyrieleyison
      @Kyrieleyison 5 лет назад +17

      It’s not entitlement. It’s standards. They have higher standards.

    • @alexandrafazekas9402
      @alexandrafazekas9402 4 года назад

      That one made me laugh too

    • @streamingkid3259
      @streamingkid3259 4 года назад +1

      They say "the richest man has the poorest mind set

  • @ธัญญะวัฒน์ยศคําแหง

    Every day i become more smart and more smart. Thank you Alux. 😃

  • @akonwiasana6066
    @akonwiasana6066 4 года назад +3

    My parents taught me humility and integrity over riches.

  • @HLSpence
    @HLSpence 5 лет назад +24

    The money lessons I learned from my parents were all thru observation and they taught me what NOT to DO!

  • @departfromevil2000
    @departfromevil2000 6 лет назад +10

    One thing my Father taught me is not to RISK, not let everyone know what you are doing because people will kill your dreams some carefully who tell them to

  • @PeacefulPS2208
    @PeacefulPS2208 6 лет назад +6

    My parents taught me the most important lessons that have made me known for my moral values “Never take your eyes off a sufferer, he might be a survivor and may become something real big with your little help and indeed you might just be very resourceful to you someday. Keep good behaviour to get people work for you and keep in mind that they are also satisfied. That is business along with humanity. And just not share your actual income with your wife, instead save a huge part of it secretly to surprise her afterwards in life.”

  • @cabdirisaaqbaraag3465
    @cabdirisaaqbaraag3465 3 года назад +3

    I remember me asking badly my father to teach me how to count money and to show me it physically. I am very happy to tell that my mother taught me every thing I know that is useful to succeed in life.

  • @TexasStardust11
    @TexasStardust11 6 лет назад +81

    My parents were not rich and never educated me on money. But for some odd reason my thinking of money was ALWAYS of that of the rich because WE WERE POOR and I didnt wanna live my lofe like that. O and it not "money is the root to all evil" it is the LOVE OF MONEY and what it is saying is in other words some people love money SO MUCH they are willing to do ANYTHING (kill, steal and destroy) JUST to have it. Say different from working hard for it and doing what it takes THE HONEST WAY

    • @blessall8856
      @blessall8856 6 лет назад +3

      Dear friend, lack of money is the root of evil!!

    • @Inkdraft
      @Inkdraft 6 лет назад +1

      Texas Stardust: Yup, People don't realize it but a person can be stone broke and still love money.

    • @derrickjohnson9692
      @derrickjohnson9692 6 лет назад

      It's is the lack of money that is the root of all evil.

    • @carollopez8597
      @carollopez8597 6 лет назад

      @@derrickjohnson9692 :. It's not lack of money that's the root of all evil, but certainly it's the root of some. I think 'Covet', has a lot to do with it. The "Thou shalt not covet...''. commandment is very important to our sense of well being. There are many poor people who lead contented and comfortable lives simply because they don't fall into the trap of coveting. I believe coveting is what creates more discontented criminals than anything else. Of course there are desperate things that happen in life that can cause desperate situations and need.

    • @derrickjohnson9692
      @derrickjohnson9692 6 лет назад

      @@carollopez8597 it's the saying if not one but many other motivational videos expand your mind, expand your existence!!!

  • @Raven-fl4eg
    @Raven-fl4eg 6 лет назад +24

    I beg to differ but most millionaires and entrepreneurs are introverts so they aren't fully social. They spend most of their time self educating. They build a good business network however it's only to do business.

    • @marcduchamp5512
      @marcduchamp5512 6 лет назад +1

      They form exclusive clubs barring from the common folks. After some made all the money they lost all the precious time they should be spending with their loved ones or kids. A simple stroll on the beach with the family is priceless but most wanna just dive into the stock trade or time consuming business solely activities that in the end we give it all back to the system

  • @dsouzaronald7335
    @dsouzaronald7335 6 лет назад +5

    Proverbs 10:22
    The blessing of the LORD brings wealth, without painful toil for it.

  • @chabridgettumusiime8994
    @chabridgettumusiime8994 2 года назад +1

    Thank you for the knowledge share !
    My late Parents taught me to behave well, respect, have integrity, to sell n market , to appreciate the good in others , to be consistent, to make Good friends , to learn practical hand skills , languages and to share knowledge!
    I have benefited in most of these skills as an adult ! I made some mistakes of course asset n liability side. I bought a car to use as transport me to work from inheritance money. Was it an asset or liability, I think more liability as I spent much on fuel , maintenance, tyres etc but I got to help friends n family with my car. I was taught to save for rainy day n invest. I actually learnt to invest in land buying . God Almighty bless my efforts 2022 .

  • @diamondheart11
    @diamondheart11 6 лет назад +44

    This video came at the right time, just when I needed it! My poor parents never taught me any of this so now I'm parenting my own self and learning what I should have learned. Thanks Alux!! RISK!

  • @danielland3767
    @danielland3767 6 лет назад +23

    One lesson my mother taught me..
    Be creative & always have a hustle. She was a expert at crafts & was selling various crafts to family before pinterest & the internet.

    • @alux
      @alux  6 лет назад +2

      Really cool Daniel!

    • @josephdrach2276
      @josephdrach2276 6 лет назад +1

      Daniel,I appreciate your mother's hard working and creative ways of earning money.When you figure the cost in materials,time and effort vs. the amount of profit gained how did your mother's business ventures stack up? After all,some people can turn garbage into big money and some can do the opposite.Clearly your mother was not turning money into garbage, I'm just curious about her profit vs.outlay percentage.Thanks in advance.

    • @danielland3767
      @danielland3767 6 лет назад

      @@josephdrach2276 her profits where good. They could have been better. Exact numbers are hard to remember because my mother did this out of necessity with 3 boys in inner city Baltimore in the 90's. Had she known something about starting a business (something still not taught to inner city schools) then it would have been extremely profitable. She had to focus on people she knew, friends & family. Only one of my aunts that I remember actually brought a door stopper from her & might still be in storage somewhere.
      But it was a case of good talent going to waste due to lack of resources & education. Which lead me later in life to become a student of business

  • @arielvagus1618
    @arielvagus1618 6 лет назад +51

    The rick teach their kids to do self-education and improve everyday.

    • @abhaysharma9317
      @abhaysharma9317 6 лет назад +3

      Rick teach their grandson to how to be a badass in the universe.

    • @CombatWombatI
      @CombatWombatI 6 лет назад +1

      Abhay Sharma Made my day

    • @officersquarehead
      @officersquarehead 6 лет назад +1

      Abhay Sharma Dammit you beat me to it! XD

    • @officersquarehead
      @officersquarehead 6 лет назад +1

      It's true though. Rick does teach Morty that real learning takes place in exploration and real life experiences. Not inside some cramped building.

    • @sirrahphotography5930
      @sirrahphotography5930 6 лет назад +1

      @@officersquarehead : RICK AND MORTY ... THAT'S THE SHIT!!!!

  • @robreddington5521
    @robreddington5521 2 года назад

    I was told by my Dad when I was a few months away from going to Kindergarten, never lie, never cheat, never steal, and you’ll do alright. He told me again at 8, 15, and 21. I followed those instructions from the first day I heard them and never looked back. I’m now 59 and my 21 year old daughter was taught the
    same as I was.

  • @ExtremeShockWiz
    @ExtremeShockWiz 6 лет назад +68

    # 8 doesnt make sense because Buffet totally lowers expenses and many rich people would rather buy a 10 dollar shirt than a 80 dollar one. Heck, even Kevin O'Leary says he doesn't buy a 5 dollar coffee. Mark Cuban said he picked Indiana because it was the cheapest top 10 business school. He even says to buy in large quantities when on sale. Also, if you decrease expenses to a point, not talking living on nothing, you can use the extra money to invest and generate more money

    • @12349Nitin
      @12349Nitin 6 лет назад +9

      They are just trying to say don't have a scarcity mindset

    • @ExtremeShockWiz
      @ExtremeShockWiz 6 лет назад

      But I do understand what meaning the video was trying to get at.

    • @ExtremeShockWiz
      @ExtremeShockWiz 6 лет назад +2

      @@12349Nitin I understand but decreasing expenses does help to a point. In a business standpoint, it increases marginal. Also, to relate back to the point of buying assets instead of liabilities, that is a form of decreasing expenses in order to buy objects that generate money. Also, Warren Buffet is the perfect counter example to number 8. You have 30 dollars, would you rather buy a 10 dollar shirt and invest the rest of the 20 or viceversa. However, what I pulled out as the meaning from that point after listening to the whole segment is that dont be afraid to spend money if you are constantly increasing your net worth, which I agree with.

    • @ExtremeShockWiz
      @ExtremeShockWiz 6 лет назад +2

      @@12349Nitin To an extent, those two points contradict one another.

    • @ExtremeShockWiz
      @ExtremeShockWiz 6 лет назад +2

      I do agree with their point of increasing income but sometimes you need to lower expenses to use that extra cash to increase flow. Like I said, number 8 contradicts the asset vs liability point they. Great video overall though

  • @aycaramba9540
    @aycaramba9540 6 лет назад +8

    From the Sitcom "The Office":
    Michael: Dwight, what was the most inspiring thing I've ever told you?
    Dwight: "Don't be an idiot" - Changed my live :)))))))))))

  • @Suga-sm2fq
    @Suga-sm2fq 5 лет назад +27

    My mom taught me to make habits with 21 days and the 80% 20% rule when I was 8. Wow.

    • @mothepro2167
      @mothepro2167 4 года назад +2

      woow I wish I was thought that at 8, ur mom is a legend

    • @kayaeki
      @kayaeki 4 года назад

      ur mom is amazingg!

  • @jtjwhite
    @jtjwhite 2 года назад

    I didn’t grow up w money. I grew up poor. Mother didn’t get out of poverty until I was grown. She started to go on the road to getting out when she became a nurse and I was 14 or 15. So really nothing taught to me OTHER than: once I was like 11 or 12, I naively said “there’s nothing wrong w being poor” and she nearly bit my head off! She definitely made it known that there WAS something wrong w it, and I never forgot it. I did slip around early 20s when I was on a socialism kick and damn near communism, but I had to learn even more. It wasn’t that I regressed on the lesson of “something wrong w being poor” but I was in a rut of how to deal w and alleviate it for everyone. As a founder of a business, a BIG part of its social purpose (and a big part of my life) was that I was hell bent on getting ppl out of poverty, not to help them cope w it. However, I realized that even though I want to see everyone eat, it’s not my job (nor my company’s) to fix everyone’s plate.
    So the lesson she taught me was: there IS something wrong w being poor.