This Is Why I Have 5 Banks Accounts

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  • Опубликовано: 28 авг 2024
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Комментарии • 552

  • @eb6505
    @eb6505 Год назад +1035

    The David Goggins of financial independence

  • @captcontrol
    @captcontrol Год назад +2272

    At 56 years old, broke but on the grind, trying to learn this internet money thing. First change I had to make was my mindset.

    • @RajSinghTanwar_
      @RajSinghTanwar_ Год назад +303

      💀

    • @loverofhumanity
      @loverofhumanity Год назад +388

      wtf bro. I love the mindset but you got like 5 yrs left just enjoy the sunset man. that's what id do if I were 56

    • @BigJawn69
      @BigJawn69 Год назад +209

      @@loverofhumanity hopefully more than 5yrs left lmao

    • @ninjaempire9093
      @ninjaempire9093 Год назад +148

      @@loverofhumanity nah he’s got 40 more years.

    • @relentless2290
      @relentless2290 Год назад +414

      Could y'all be a little nicer?
      I respect him, 56 and grinding! Instead of making fun of him, congratulate him!

  • @songoku-jx3cb
    @songoku-jx3cb Год назад +277

    Brandon is the kind of guy you think is cocky at first but then he grows on you

    • @jaewillz
      @jaewillz 6 месяцев назад +9

      I know exactly what you mean. Once you realize it’s all making you better.

    • @punkydamonkey989
      @punkydamonkey989 6 месяцев назад +1

      No he doesn’t

    • @madewavy
      @madewavy 3 месяца назад

      He’s cocky because he’s done the work. People only hate when they can’t measure to his status

    • @songoku-jx3cb
      @songoku-jx3cb 3 месяца назад +4

      @@madewavy imo doing the work makes you humble not cocky . Cockiness comes from insecurity . When someone truly knows they are the best they don’t need external validation . Brandon is not cocky of course . He just likes humour . He is a very hard working and grounded guy who loves to show off once in a while .

    • @Sayntuezday
      @Sayntuezday 2 месяца назад

      Facts like bro really just putting us on game

  • @variobro5922
    @variobro5922 Год назад +3780

    Damn, I’d need at least 4 more dollars to get at your level of bank accounts.

    • @cookiemonster539123
      @cookiemonster539123 Год назад +49

      I like the comment, but I didn’t actually click like because it was at 444

    • @variobro5922
      @variobro5922 Год назад

      @@cookiemonster539123 lol, somebody did, bastards.

    • @Polo22546
      @Polo22546 Год назад +8

      😂😂

    • @Heuristicatt
      @Heuristicatt Год назад +3

      Open a chime account

    • @yksogrenci6376
      @yksogrenci6376 11 месяцев назад

      it's your fault to have that much of a money. But you can still grin if you don't want to stay brokie forever

  • @MrSamPhoenix
    @MrSamPhoenix 5 месяцев назад +63

    I actually met this guy in Miami at a place called “Icon Brickell.” He was super cool and treated me like family. We need more brothers like this.

  • @barryward1090
    @barryward1090 Год назад +1046

    When Brandon drops 20k on fancy clothes and shit, he just moved 380k through his other accounts.

    • @trv1216
      @trv1216 Год назад

      And then some broke ass mf calls this guy dumb for buying fancy clothes 💀 it's all relative. Sometimes, Brandon buying a Gucci shirt is relative to an average dude buying coffee.

    • @houndmeme_s
      @houndmeme_s Год назад +11

      God damn

    • @tyhubley6637
      @tyhubley6637 Год назад +5

      It means he’s moved 380k not just moved. The account collects the percentage monthly and it adds up

    • @YaddiYahu
      @YaddiYahu Год назад +12

      I remember him when we had nothing

    • @scrubsjl
      @scrubsjl Год назад +4

      He fooling you lol and you fall for it 😂

  • @renebleu8711
    @renebleu8711 Год назад +50

    People, before y’all make negative remarks. This is a different world- try to be open minded. You won’t be able to level up when you’re blocking out reality. Most rich/wealthy people do this. It’s levels

    • @c-mobucks4930
      @c-mobucks4930 3 месяца назад +4

      Your comment tells me you're probably 16 years old.

    • @MrFourOneTwo
      @MrFourOneTwo 3 месяца назад

      Levels to this for real bro. Talk to ‘em 🗣️

  • @akqeelmacnear9727
    @akqeelmacnear9727 5 дней назад +1

    That's a damn good strat bro...
    It's wise to have accounts specifically for a particular purpose...yet spend out that account for only that reason...no dollar can wash the other...

  • @JohnBradydoesstuff
    @JohnBradydoesstuff Год назад +65

    This info is gold. I can’t thank you enough.

  • @Polo22546
    @Polo22546 Год назад +108

    It’s a solid approach given the number of revenue streams that he has. Good shit.

  • @Rick020
    @Rick020 Год назад +84

    60% of my income goes to rent 😂 30% goes to variable costs and the leftover 10% goes into savings/investing

    • @nateb9103
      @nateb9103 Год назад +20

      Facts, now try having a girlfriend smh

    • @Rick020
      @Rick020 Год назад +31

      ​@@nateb9103 I have, but luckily she earns her own money. Not much though, she's still a student. She puts aside €300/month and that pays for our vacations, twice per year.
      And luckily my income has increased quite a lot since my original comment. Now ~45% of my income goes to rent.

    • @jackjack4412
      @jackjack4412 Год назад +1

      How did your income go up recently? Also saving 10% consistently is a great start.

    • @Rick020
      @Rick020 Год назад +7

      ​@@jackjack4412 Went from a temp. contract to fixed/permanent contract. That came with a 4% bonus and through our collective employment agreement we got another significant increase. All together my salary went up by 10,05%.
      And there's another increase coming in July this year (+3,5%). Brining the total increase to +13,91% (comparing my December '22 salary to my new salary in July '23). Which is nice... Because inflation is crazy over here (The Netherlands).

    • @jackjack4412
      @jackjack4412 Год назад +3

      @@Rick020 damn that's whats up! Congrats on that. Do you speak Dutch?

  • @skullkruncher6144
    @skullkruncher6144 Год назад +50

    Handsome Squidward has spoken

  • @karenmitchell8528
    @karenmitchell8528 День назад

    This is great advice. I have three accounts and their working fine. I don't buy designer anything because I don't like people knowing what I have in my pocket.

  • @TheVillageBeast
    @TheVillageBeast Год назад +49

    W mindset. Love those videos bruv

  • @yannis.yeegeo
    @yannis.yeegeo Год назад +166

    That's all the financial advice u need really. Good stuff

  • @AlwaysD3monic
    @AlwaysD3monic 11 дней назад

    Advice I needed cause I had meager advice about how to save but utilizing this & going about it this way will be even better for me on my end than what I was doing b4 😎😎😎

  • @ronstud
    @ronstud 19 дней назад

    Sticking to one stock day trading really works! Thanks B.C.!

  • @tonym1712
    @tonym1712 Год назад +229

    Damn man my nigga got rich

  • @rpm300
    @rpm300 Год назад +5

    Yooooo for being a short this is very well informative. Said a lot without having to say a lot. This video is a gem

  • @ala.ba7394
    @ala.ba7394 Год назад +46

    He has more accounts than I have money

  • @robertk2007
    @robertk2007 Год назад +9

    He laughed his ass off at the end😂

    • @MrFourOneTwo
      @MrFourOneTwo 3 месяца назад +2

      Because he know that 95% of his fans are broke 🤣🤣🤔

    • @funfungerman8401
      @funfungerman8401 Месяц назад

      Additional having 5 Bank Accounts makes almost no Sense if youre working normally with a fixed income from One thing (employe)

  • @noooname2568
    @noooname2568 Год назад +10

    I mean, for everyone else how about starting with a savings account first. See if you can put a little bit of money away for a few months in that account without touching it, then move up to investing etc. Gotta start somewhere, if you can see your money add up each month that’ll motivate you to go that step further and then you can set up other accounts

  • @ren1643
    @ren1643 Год назад +35

    My first goal is 10k a month. Once that is reached, I'll start to play the game more dangerously. I'll live off 30% even if it puts me on hard mode for awhile. I don't want to become complacent in a lifestyle that isn't the best it can be. I like this method I'll keep it in mind, and in journal.

    • @jameshumphrey3425
      @jameshumphrey3425 Год назад +6

      Ay 30% of 10k is still 3k 🤷🏾‍♂️

    • @ren1643
      @ren1643 Год назад +10

      @@jameshumphrey3425 which means it’s important to not change my lifestyle. Keep focusing on making that 10 larger

    • @semmywap2916
      @semmywap2916 Год назад +7

      Ayeee I’m on the road to 5k per month

  • @ccrf2010
    @ccrf2010 9 дней назад

    Keep teaching. 🔥

  • @doctortoddanderson
    @doctortoddanderson Год назад +2

    The book is called Profit First. Definitely worth checking out!

  • @SteelerY360Nation
    @SteelerY360Nation 3 месяца назад +1

    I was looking for a video about bank accounts. This was very helpful. Thank You Sir!!

  • @iamfrankcaceres
    @iamfrankcaceres 6 месяцев назад +1

    Brandon I appreciate this video you made here. It sure does show transparency. I am on a journey to learn financial literacy and to become financial independent like you sir.
    Can you please make more in depth content about finances and I will sure share your videos/content

  • @realityvybzemedia
    @realityvybzemedia 6 месяцев назад

    Yooo!! I'm glad i found this channel! Been absorbing all this game ever since!!

  • @HarisKhan-tw2mv
    @HarisKhan-tw2mv Год назад +13

    This is great advise I was able to easily manage income since it was split off

  • @evansmaker
    @evansmaker Год назад

    Brandon, my eternal admiration, follower since you started making videos and music. Thanks for all the content you put for us out here

  • @chris8835
    @chris8835 Месяц назад

    The Big G 💪

  • @blazingdragon6232
    @blazingdragon6232 6 месяцев назад +19

    How to get 5 accounts
    Step 1: get rich.
    Me: "damn"

    • @jotaktessier7108
      @jotaktessier7108 5 месяцев назад +1

      Think more

    • @Luna-mo4bp
      @Luna-mo4bp 4 месяца назад +4

      Step 0: Become self-aware
      Step 0.25: Improve as person
      Step 0.5: Learn how to get rich
      Step 0.75: Work hard
      Step 1: Get rich

  • @eliot5220
    @eliot5220 Год назад +3

    Yep I’ve had 5 accounts for about 10 years. They just don’t have that much money in them . But I’m ready

  • @VictoriaStobbie
    @VictoriaStobbie 3 месяца назад +2

    Just have two.
    A high interest savings account for the money you’re not using and an everyday account for income and expenses.
    Third if you want an emergency fund.

  • @Levi-1992
    @Levi-1992 Год назад +3

    Idk about FIVE bank accounts, but you do have a helluva lot more money than me lol but for myself:
    1.) Checking/Savings Account (Bill/Lifestyle)
    2.) Business Checking Account
    3.) Investment Account (Roth IRA and Brokerage)

    • @Ben-fr3pm
      @Ben-fr3pm Месяц назад

      That's five there. Checking, Saving, Business Checking, Roth IRA, and Brokerage are all different account types. It's counted by account not by institution.

  • @whattodoinlife5127
    @whattodoinlife5127 Год назад +3

    Me with 10 bank accounts
    This is what you call a pro gamer move

    • @jinfin221
      @jinfin221 Год назад

      Me with 0 and all in crypto. 😂

  • @nadiacarter3458
    @nadiacarter3458 Год назад

    Brandon, you crack me up. I love your honesty and sense of humor.

  • @abdullahalmatar6103
    @abdullahalmatar6103 Год назад +6

    It’s the OGs know this is a remake😎

  • @TheSushiandme
    @TheSushiandme 8 месяцев назад +1

    Not wrong. Motivation through limitation.

  • @matteblack7477
    @matteblack7477 Год назад

    Game I like this bro … been following u since 2012 just to get a six pack .. but you’ve evolved into something so much greater … imma take this advice for sure !

  • @thisisthewroten
    @thisisthewroten 19 дней назад +1

    Is this personal or business accounts? cause if so then you don’t need a tax account cause you pay income tax already.

  • @martinlutherkingjr.5582
    @martinlutherkingjr.5582 Год назад +1

    Why would you use a bank account for investing? Wouldn’t a brokerage account be preferable unless you’re only buying real estate or something?

  • @stefskas1810
    @stefskas1810 Год назад +1

    I hope this man gets a philanthropy account too.

  • @raindrops4788
    @raindrops4788 2 месяца назад

    Emergency funds is your "baller" lol

  • @Goldenboylifestyle
    @Goldenboylifestyle 4 месяца назад

    This one WORX 4real you need financial organisation‼️

  • @rocio292
    @rocio292 Год назад +4

    Dropping gems! 💎💎💎 Thank you Brandon! 🙏☺️

  • @SpiritualTraveler888
    @SpiritualTraveler888 10 месяцев назад

    Thanks Brandon,.good advice!

  • @onthearth1
    @onthearth1 Год назад +1

    No lie that diamond watch is something crazy!

  • @evm6177
    @evm6177 7 месяцев назад

    AYE MA MAAN! Sure makes sense bro.. Much appreciated. 🤓👍

    • @Stress_._Free
      @Stress_._Free 6 месяцев назад +1

      Send me 5$ man 😥🤣🤣

  • @yuddhveersingh8233
    @yuddhveersingh8233 10 месяцев назад +1

    Hey that's nice lex luthor

  • @Presidential_Ray
    @Presidential_Ray Год назад

    You gotta love this dude 🤝🏾

  • @Fight2Survive
    @Fight2Survive Год назад +2

    I only have 3 personal account and pay myself 20% of my profits from my small business I run solo. It’s a grind but Damn is it good motivation

  • @davidguerra9896
    @davidguerra9896 Месяц назад

    At first I thought he was a fool spending so much money on Gucci but This dude has a good head on his shoulder 50 percent toward investments .

  • @25-8
    @25-8 Год назад +4

    Bro you are the realest

  • @cv00031
    @cv00031 Год назад +1

    It’s called Profit First

  • @jameswillliams8120
    @jameswillliams8120 Год назад +13

    Tht leaves the income account empty lol I took this concept and ran tho! ❤

  • @seanharrison7181
    @seanharrison7181 Год назад +3

    2 accounts is hard enough to look after lol

  • @enowmessi2844
    @enowmessi2844 4 месяца назад

    My favorite life coach. He covers every aspect of life with an easy logical and simple explanation

  • @squidwardshouse67
    @squidwardshouse67 Год назад +4

    Sir this is a Wendy’s

  • @Observer100-cn7gv
    @Observer100-cn7gv 3 месяца назад +1

    Being boastful is never a good look.

  • @natanswedowsky7284
    @natanswedowsky7284 Год назад +3

    15% for taxes is not enough

  • @4Realones-
    @4Realones- 6 месяцев назад +2

    100 % of my money goes to bills

  • @davequithisdayjob2813
    @davequithisdayjob2813 Год назад

    The Lighting has you looking like an action hero

  • @domichall666
    @domichall666 2 месяца назад

    He never tells you he cleans toilets😂🎉

  • @onyeilonyeil9468
    @onyeilonyeil9468 2 месяца назад

    Bottom line, be disciplined enuf to give your money assignments, put'em to work

  • @ColeDaSoul
    @ColeDaSoul Год назад +1

    It was good meeting you yesterday. Lets get this money

  • @evm6177
    @evm6177 7 месяцев назад

    'Warchest'.. Yea 😎💰

  • @JSkillz2315
    @JSkillz2315 Год назад +8

    So do you just have automatic drafts that moves the money? Or do you just schedule a time to move it? This is hella motivation by the way! Have made gains and ready to make more. Was thinking about a way to organize this is a nice strategy.

    • @TheJulius_alexander
      @TheJulius_alexander Год назад

      He specifically does it himself. He speaks about it more in-depth in his victory talk pod cast. I took the concept and fit it into my life too. BBC FOR THE W 💪🏽

    • @deku8910
      @deku8910 9 месяцев назад

      ​@@TheJulius_alexanderwhich episode is it?

  • @lferdamou5240
    @lferdamou5240 Год назад

    already live on that strategy even more sophisticated since have 18 i figuire it out

  • @silverdolla101
    @silverdolla101 Год назад

    That's the Profit First frame of mind!

  • @zomb7138
    @zomb7138 Год назад +1

    All easy when you're rich;.

  • @kp3509
    @kp3509 Год назад +1

    I am 50yo and invest anything not used for running the house monthly. I have invested of 20yrs. I have lost a whole lot early on, but last 12 or so years I have done amazing. Growing my own knowledge in career, and investment was worth it all. I am leaving generational wealth.

  • @martinechols6683
    @martinechols6683 Год назад

    Thats facts! Im working on getting my 4th account.

  • @alabamadeep4471
    @alabamadeep4471 Месяц назад

    Ive got 3. Basically this model minus 2

  • @Ben-fr3pm
    @Ben-fr3pm Месяц назад

    I have much more than 5 accounts and I have no formal system on allocation 😂. I feel like if you are involved with your money they build up and you have to par them down once every couple years. Most of the money is in my main HYSA with the next three largest being the HYSA offered by my brokerage, a brick and mortar savings account, and my main checking account. I have misc. accounts like Wise for travel and a few business accounts as a result of past investments.

  • @illmilly2714
    @illmilly2714 Год назад

    Thankyou bro appreciate the insight

  • @abdulswamad92
    @abdulswamad92 2 месяца назад

    5 bank accounts keeping you big as hell😂😂

  • @elik031
    @elik031 Год назад +2

    Already have a similar setup 5 accounts: 1. Income 2. Savings (don't feel confident enough to invest yet) 3. Spending necessities 4. Spending wants 5. Miscellaneous cheuqing
    I will say this too, a lot of people can't live off 30% of their money but for the people that can this is great advice and I hope this plants a seed for the people unnecessarily dipping into savings

  • @bradebronson9449
    @bradebronson9449 Год назад

    The algo giving me a lot of this guys shorts.

  • @ared4579
    @ared4579 Год назад +2

    I only have 3, main account, bill account and tax account, thank you for the tips

  • @Clevelandsteamer324
    @Clevelandsteamer324 7 месяцев назад

    Should be going to buy appreciating assets. Houses, apartments

  • @IFixStufff
    @IFixStufff 2 месяца назад

    It would take an extra $200 just to open the extra accounts i need 😂😂😂

  • @puravida5683
    @puravida5683 2 месяца назад

    I went beyond that strategy. Besides U.S. credit unions, I also have foreign residency, and foreign bank accounts! People do not realize, once you deposit currency into a bank, it's no longer your currency, it's the bank's currency. There is a difference between being rich, and being wealthy!

  • @eugenfuchs6420
    @eugenfuchs6420 10 месяцев назад

    Diamonds are a 👩‘s & a 🐔‘s best Friend
    They who know - they know 😉

  • @Iloveemojiz
    @Iloveemojiz 2 месяца назад

    Remember, this is the guy who takes 900 mg of caffeine every day

  • @Meek2001
    @Meek2001 6 месяцев назад

    Instead of 5 you can just use 4 one for income and monthly payments second for clothes and accessories third for groceries and forth for investing and everything else like transportation, travel and electronics but if you get married then make a joint account for living expenses

  • @ryanengh1
    @ryanengh1 Год назад

    5 accounts
    1. Income (no debt card)
    2. Operations - bills 30%
    3. War chest - investments 50%
    4. Tax account - 15%
    5. Baller account - 5%

  • @nicetrymate813
    @nicetrymate813 Год назад

    your also diversified if there is economic collapse and some banks fail! Smart stuff!

  • @Eric-kz9bk
    @Eric-kz9bk Год назад

    That shirt is dope

  • @t.m8370
    @t.m8370 Год назад

    Keep the schedule busy!

  • @Daniel-hk3pi
    @Daniel-hk3pi 6 месяцев назад

    Its hard but ill try to start off with too then go from there but hopefully i can start im trying to get a gym together its going to be awhile but if the gym hits the ground at least i got acouple tips with the bank accounts and the credit card tip

  • @Oscar_TV_For_Cars_And_Stuff
    @Oscar_TV_For_Cars_And_Stuff Год назад

    Rev Ike once posed this question to a young reporter who queried why he had multiple accounts:
    "SON, DID YOU THINK ONE BANK COULD HOLD ALL OF MY MONEY"?😂😂😂

  • @Ashley_3330
    @Ashley_3330 7 месяцев назад

    The knowledge ❤ something about it

  • @mariomedinafitness
    @mariomedinafitness Год назад

    Qapital is amazing for this. It's all automated based on percentages or set amounts.

  • @ronaldo_slayer21
    @ronaldo_slayer21 Год назад +1

    I hate it when people say to invest but never tell you how to.

    • @theceddo15
      @theceddo15 Год назад

      Check out Market Mondays they do a good job of explaining how and what to invest in.

    • @bindutiwari4263
      @bindutiwari4263 Год назад +4

      You expect a whole damn biography in a short ?

    • @Prodrentjet
      @Prodrentjet Год назад

      It’s cause these dudes are grifters lmao if you can’t see that then you should be concerned

    • @ronaldo_slayer21
      @ronaldo_slayer21 Год назад

      @@Prodrentjet bruh am 17 what do you expect from me?

    • @ronaldo_slayer21
      @ronaldo_slayer21 Год назад

      @@bindutiwari4263 He could make a video and show us if he wants to prove his point better

  • @itzwildeyed
    @itzwildeyed 10 месяцев назад +1

    I notice an alarming lack of a savings account

  • @Daddy387
    @Daddy387 5 месяцев назад +1

    Bro buying gucci + premium clothes from his 5% of monthly income 💀

  • @LunnaFam
    @LunnaFam 3 месяца назад

    5 banks accounts keeping you big as hell

  • @winnerwinnerchickendinner1702
    @winnerwinnerchickendinner1702 9 месяцев назад

    I will recommend one more. An account to put 10% for giving

  • @raddirl2923
    @raddirl2923 9 месяцев назад

    the warchest, im dead