At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
That is partly because they are targeted in some way and also don't want any more attention, attention gets old after awhile. I don't see Logan Paul worried about showing off his diamonds or lamborghini's. Taylor swift. All the most popular rappers, even if they're older. The richest athletes almost always flaunt their money. Your theory mainly applies to older billionaires who have already been through that phase and probably aren't used to social media to begin with.
@@otallonoI think it’s old money vs new money. Lots of wealthy people fly under the radar. The people you’re referring to are famous people. The fame gave them their fortune and some are just extremely talented and have made lots of money through professional sports careers or music. Without wealth management, lots of these people who get rich lose their wealth quickly. Lots of these “Rich” athletes or influencers don’t know how to manage their money or do what Graham is mentioning in this video. They spend all their money before their next paycheck and rinse and repeat.
@@JV_ApexPerpetual I agree that its definetely influenced by how they earn their income. If getting attention to drive people to buy something from you is how you got rich, of course you're going to do what you can to gain more publicity.
@@otallonothose people are famous... That's a whole different game. The richest person I have know has nice homes and cars but they aren't flashing anything on social media.
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $883k in three years with my advisor
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
It's not even remotely true. He named older men as examples.. the younger celebrities are a completely different story that's why people follow Logan Paul and Taylor Swift, not weirdo Mark Zuckerberg. The REAL wealthy people are people who never needed millions of dollars to be happy in the first place, none of the people mentioned fit that description. And Stephan is widely known for taking advantage of people for money and ironically that's the guy you're listening to for wisdom.
This is one of the main reasons I stopped using social media. With the exception of RUclips (I use it for research purposes for my work), I don't use any social media platforms. Facebook, Insta, TikTok, X, etc., all trash. And I feel AMAZING! Life has become so quiet and peaceful since I gave it up.
I've found the more I stay off social media, the happier I am. I still use it for promoting my music & connecting with people. But the scrolling n' stuff, I've mostly stopped
My wife is the queen of thinking everybody on social media is rich. I try to explain to her these people are full of s*** and likely deeply in debt, but nope! They're all rich and she is living a terrible life. LOL! We live in a 3500sf home, no debt and very good investment accounts.
@@ghodwalkerXP I was about to say that. Being unhappy or bored is the number one red flag she's going to cheat on you, or, at least, leave you while taking your family and assets.
The two replies above me are correct. That chick you married definitely doesn't sound like wife material. For one, she is waaaay too easily influenced. If she actually believes those people on her mind-control-dancing-pixels device are rich, she has fallen hook, line and sinker. The fact that she now believes her life sucks means that step two of the secret corporate agenda behind the companies that bring those videos to her eyeballs is working. Females are very emotionally driven. It isn't a bad thing, its actually one of the fundamental reasons that males love femininity, yet, it means that they are very susceptible to outside influences. When those outside influences consist of multi-billion dollar corporations that spend billions on research and development of products whose entire purpose is to exploit that emotional vulnerability for profit, they will win most of the time. Her being unsatisfied with life will ultimately bring her to question the person responsible for her life, which is the person providing that life, aka you. Sooner or later, she will begin to think she could do better. Then those divorce papers will arrive in the mail. A while after that, an apology note she wrote will be attached to your door once she realizes you're the best she could do in hopes of emotionally manipulating you to accept the fact that she completely disrespected you and what you had to offer because, well, she needs someone to pay the bills.
The thing is... the more you make the less you spend. Because you value your time and your money. Yes... its nice to have expensive cars or buy a new home to live in thats more expensive and anything. But the thing is... money comes with work. It does not mean your work is your job. You work your money in any way. It could be your business, high paying job, rental income like... you do the work too. Naturally you tend to value money more so you rather invest it and enjoy it later. Because if you feel pain making 300k a year you would not spend 300k. If you make 300k a year just like that with no hassle chances are you will spend it quickly.
Actually you are wrong this is new due to social media. Most millionaires became wealthy by 401k's slowly saving and equity over 30 years on a home living very poor. This is a fact 90% of millionaires are this excludeing inheritance peolple and generational wealth. 90% of people you see online everything is rented.
lmfao exactly. People who say the wealthy don't display their wealth are lying. they definitely do and they talk about it. bezos literally thanked mfs for ordering off Amazon so he can go to space.
no doubt social media is toxic. I'm happy I had a different upbringing. Years ago in Cambridge, I had Indian friends with successful, intelligent parents who taught me about saving. We even played a "Stock market game" in school. Today, I'm debt-free, with a credit score over 800 and can "survive" years without touching any savings. However, my family has a different approach. Despite my efforts to educate them, they struggle with debt and lack financial knowledge. My 12th-grade grandson prioritizes material possessions like an iPhone, airpods and a Dodge Charger and no matter what I teach them,they will not listen for a second. I feel so bad for them as they will have a hard live but I tried many times.
I am 28 and dca into my TD. My dad sold his stocks and getting back in is the real challenge. Btw I want a Dodge Charger as well ain’t nothing wrong with that.
Good job peter. You can survive years without touching your savings? How much do you make? And how do you split is amounts saving, spending and investing?
haha no, I work with an investmnt advsr, I influence hr strategies with most of my decisions. we re pro cash while also in the money mrkt and trading currencies. So yes I am still in the mrkts.
this past months, i hv made significant prfits, continually updating my watchlist after rebalancing my prtfolio. I hve a $2M prtfolio, nd sh manages all accnt activities.
I am looking to get into the markets, has your adviser made any notable changes to your portfolio? I am in the market for one. how can you tell a qualitative professional/how profitable has it been for you?
Nobody who's rich that I know brags or shows it off..I promise you that..Just talk to anyone who's got properties up the arse..Their millionaires but they'll never tell you.
Yes majority of them do not ever brag. A lot of them look pretty simple too. My husband meets a lot of millionaires for his job and they're not on social media bragging their wealth; all you see on them is at most their company's website and LinkedIn lol I used to work for this work for this old man who looked like a regular dude; wears his khaki dad shorts and solo shirts; turns out he was filthy rich who put aside $15k allowance per week for food alone coz he liked eating out.
I remember being at a resort a few years back with my wife, enjoying a nice vacation. One day this girl and a photographer were taking tons of pics around the resort, she would go and change in the public restrooms into other outfits and take more pics (just a bunch of trashy glamor shots) and that was it. I was talking with the photographer and this was about a month worth of pics for her influencer account. The resort let her take the pictures for the day for the free publicity, but she wasn't actually staying there.
You don't need Social Media, just look around your neighborhood. Always new, (Leased Cars) in their driveway, Landscapers, Holiday Light installers, Painters, Pool Boys etc... Nobody does anything themselves anymore, they just pay people. Then when you talk to them they are saying, just got back from Disney and little Bobby got accepted to North Eastern University, (80K a year BTW). Long story short, they spend every penny they make. Then they panic when they turn 60 as they have zero saved/invested for Retirement and they still have 15 years left on their Mortgage.
I remember i went on vacation with my sister’s family and other people including my dad. My dad is a big spender and paid for everyone but my sister posted all these pics making it look like she was on vacation with just her husband and kids and when someone commented on her pics asking where they were she said “we rented a lakehouse at lake so-and-so”. I was shocked that she passed it off as something she paid for. She could never afford something like that herself but all her friends thought she could.
Yeah, that's shady trying to pass it off like she paid for the lake house rental... but at least she got to actually experience the vacation and reap the benefits of it. Some of these people are faking the experience altogether.
I was one of those people wondering why others with the same pay as me were living life, traveling, expensive cars, luxury goods etc. Well I discovered they were not investing and saving. No 401k, no HSA, no Roth, not even good health insurance. So yeah, I’ll let them live the good life now, while I plan to live the good life long term
Probably smart to do both in amounts that make sense for you. Sometimes it is good to invest in life experiences/hobbies earlier in life. There have been people that have lived stingy lives, saving everything into a small (or not so small) fortune, only to get too excited after finally buying a speed boat, etc. that in the last week of their work before retirement they had a heart attack and died. I worked in the same place as one of these people and it is kind of sad. Balance it out so you can enjoy life also.
I sort of wondered how the people around me didn't seem to have extra money. I didn't really wonder since I remember a lawyer in training friend of mine who used to go to all the law firm parties back in the day. She told me they were all broke because even though they made lots of money, they spent it all, and more. I couldn't hardly believe it then but now I do.
There’s smoke and mirrors with a lot of things you see, but particularly online. Take much of it with a pinch of salt, and focus on yourself as that’s the only thing that matters. There’s a power to staying in your own lane and keeping your cards close to your chest.
I like this video and I most definitely like how you even tell examples of how you almost fell into the trap of feeding into consumerism/fake wealth! That really shows how relatable you can be instead of pointing fingers at others! You got my upmost respect!
Like Graham said, most genuinely wealthy people don't tell the world what they have. If they do, they probably won't have it for long. "A fool and his money are easily parted."
I have talked to more than a few people that make more than me and are always broke. most common sayings "you can't take it with you when you die" and "i want to spend my money while i am young enough to enjoy it" my reply is always "we both have coworkers who have to keep working that are in their 70s, that ain't going to be me,"
Love the comment about where you spend your time and how you can use it to improve your life or someone else's instead of wasting it on frivolous things like 'gotcha' on someone you will never meet.
There is absolutely no way all these teens and 20 something year olds are all driving expensive cars and all that nonsense. It's a trend of faking it till they make it.
I am 21 and have a Ferrari 296 GTB,I travel around the world and wear clothes for thousands but it’s all with my parents money,I don’t earn money and I don’t have a job. I think it’s okay unless you started acting like it’s your money and you are self made successful person,I am at least honest I am broke but have rich parents
Thank you for this Stephan. There’s a lot of luxury influencers that keeps unboxing hermes bags all the time, it baffles me. I am a luxury influencer myself and it is not sustainable. I actually made a video yesterday and posted it in my chanel about why social media sucks, 50% of influencers are dead broke!
I look broke, on purpose. Was dating a gal once who had no clue about my finances, after a several months, I told her, and she was shocked, I can still remember her reaction. It didn’t work out in the end with her, but she liked me for me. Now back to being single and looking broke, lol
@@EriPages Well no plans on marriage, so there’s that… long story, but she eventually questioned why I go pick up rents on the 1st of each month, and why I was always getting calls to “come fix a toilet” lol so it was a trust thing at the time.
I’m an insurance agent and I have clients who show their high end vehicles on IG but they are always on the verge of having the vehicle repo’d or the insurance canceled for non-payment. A few post photos inside and outside the house the live in. They tell the world they own the home but they have a renters policy on the home not a homeowners policy. I’m used to seeing it. They go to great lengths to show off.
Sometimes having a lot of things does not mean you have a lot of money, just a lot of debt. I truly enjoyed her video; very informative. Thanks for sharing it!
Let's clarify, there is a difference between showing off wealth and faking wealth. Faking wealth is a broke ass pretending to be rich. Than there is "rich" that by all acceptable standards are rich and want everyone to know it. But people do that all the time, not just with money. If its a nice body, do you really need to run around with no shirt or tight booty shorts? If its education, do you need to decorate your office with all of your degrees and accomplishments? Some folks just like bragging>
This is why 20 somethings are crying so much today. EVERYONE is broke in their 20's, you aren't the first. How can you not be? You have loans and debt from college, had to buy a car, paying rent, have to buy all furniture etc, because you have nothing to start with, making starting salary wages at your job etc.. Give it time, you will all be fine.
I know that people who value money tend to save and invest their money in general. The moment you get that 'quick' money or find the money printer thing in this world that makes you money without you having to put A LOT OF WORK. You'll spend it... No wonder why jackpot winners lose their money and a few see this as a life changing money. Better to eat from investment money than my money that sits in the bank.
Instead of rushing off to collage at 19.... go work a manual labor job for a year.. or at the very least during summer break... Me I worked summers for the DNR... mainly fighting forest fires.... which was fucking brutal... Only before my senior year went to work at an island resort as a deckhand (Rosarios in the San Juans).... Where you get to meet many,many super wealthy folks.. along with their Daughters and grand daughters.... Twas a magical time.. I drove a VW camper or a 911 Porsche
Kiki Chanel has a channel that talks about this type of thing too. I got to fly in a real small jet (one way) from Las Vegas to Orange County, CA. Jet Suite X had a special on Expedia a few years ago. It was a real treat.
I fake being poor; I'm nowhere near a millionaire, but I'm not struggling per se' either. I like sleeping comfortable at night knowing my bills are paid in full. Aside from my immediate family and closest friends of 5, I didn't tell ppl I bought a house til to this day lol (it helps that I have no personal social media) and I still drive my awesome nothin' fancy Toyota Corolla 😆 having no monthly car notes is such a relief.
Pee pee poo poo why are you outing yourself on some random comment section on RUclips. If you really are trying to be lowkey and don't really care for people knowing you're well off, why post this comment in the first place? When I poop it makes me feel good.
People who are wealthy and happy dont need to tell you, and a lot of time, dont even want you to know in case you treat them differently.. I recently went on holiday with my partner, and we didn't take a single photo.. we just had a great time together, we both loved it.. i got home and my sister said "is it even worth going on holiday if you have no photos to post online afterward?" 😂 I think she was only half joking!
The reality is that most folks with any sort of wealth usually don't flaunt any of it. I'm not rich, I'm comfortable i tend to wear the same clothes all week. A simple v neck tee and snacks. Those flaunting wealth or iced out watches are usually fake or just clout chasing.
My best friend when he sees me wearing something "nice" knows to ask what I paid for it because he knows I would never pay full price or take up a deal without getting it dirt cheap haha - Bought a great quality knock-off (oxymoron right😆) designer hoodie at a garage sale & paid $2 when it goes for $260!
Long before the days of social media I had a cousin who worked as a court bailiff. He'd visit households with top of the range kitchens, bathrooms, furnishings, video and audio, exotic holidays. Not a penny of it paid for.
I don't like to think that way. Because just as someone can fake it someone can also be living it. I like to think the best of everybody and assume that yes they are living that lifestyle. Because it's better to be positive than to be negative then to be negative
Social media and comparison is poison. I say this as a wealthy person who can easily feel inferior by comparing to others who appear or are richer than I. Do your own thing people. Seek freedom. Seek solid relationships. Seek financial stability. After a certain amount of income money doesn’t make you happy. People don’t believe me but it’s true. Money can buy you choices and things and help people and bless people but it may not make you happy or fulfilled. That is something inside of you. ❤
this always been a thing, but it got way worse with tiktok I will never understand why people need to show their pockets or get into people pockets online.
I could care less what these "influencers" do. I drive a 20 year old car. I buy clothes from TJ Maxx. My idea of a vacation is going to the local public golf course and hitting a bucket of balls at the driving range.
OR, when you are digging in hard desert soils, rent an auger style post-hole digger. Drill some small holes in a circle outlining the big crater you want to dig, and then join them together with a shovel. Half the labor, half the time, and only a fraction more money. A tip from an old dry land gardener.
I go on vacation once a year in the Carribean, maybe a few concerts in the summer and that’s about it. People think I’m rich. I’m not but I do invest probably not as much as I should but you can’t take it all with you in the end. I’ll always try to be smart and stay out of debt but I’m still gonna live once in a while.
If I was rich, I would hide that I'm rich so I can talk to people like I'm normal person and I would channel conversation to meet what they are saying so I don't stand out. I would not broadcast myself doing things to get views for extra bucks.
Just Google average income per person in US..This will answer all your questions about how fake social media is..Almost 3/4 of the nation per person makes less than $50-75k a year..
bro I stay flashing my 2010 Toyota Prius with only 95k miles. Get the coolest fits from Sams Club Members Mark after season mark downs. Keep up slackers lol.
@@Neuroszima haha. hey my friend just moved from the states to Germany and the first car he bought was Opel Corsa he said its like 60 mpg. Im super jealous they dont sell them in the states.
Most of the returns ends up either in liquiadion or in the landfill. Some of the stuff sure it can be resold but for the vast majority big corporations don't want to deal with the headache so they sell it for pennies on the dollar.
I know someone who is a multi millionaire but he lives in a mobile home, never takes a vacation. He does like to gamble(He wins too) but he keeps his life very simple. He has a cheap flip phone too. Only thing that shows his wealth is a giant 100K truck. Paid for in cash. He just does not care.
I have some friends that flex on instagram and I know for fact their life is not even close to being that “glamorous”. Some are deep in debt and are barely making it. It’s kind of amusing actually especially when you know what’s going behind the scenes 😂
Living that fantasy life is so much more interesting than real life for some people. Too bad they don't have real life connections with real people to give them real meaning. Doesn't matter, rich or poor, people need real connections.
It does seem like most of the people around me that I know are wealthy compared to me. However at the same time if your wealth is fake, then it probably means you're in debt, and I think living a debt lifestyle isn't sustainable and eventually you'll run out of borrowing power. That happened to my uncle a few decades ago, but I don't see that happening to people around me. I think in most cases they really do have wealth whether it be due to inheritance, dual high incomes (ie. 150k isn't that impressive but 150k × 2 is 300k and tons of disposable income)
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Yes, as a wealth manager, I can attest that most wealthy people are under the radar.
That is partly because they are targeted in some way and also don't want any more attention, attention gets old after awhile. I don't see Logan Paul worried about showing off his diamonds or lamborghini's. Taylor swift. All the most popular rappers, even if they're older. The richest athletes almost always flaunt their money. Your theory mainly applies to older billionaires who have already been through that phase and probably aren't used to social media to begin with.
@@otallonoI think it’s old money vs new money. Lots of wealthy people fly under the radar. The people you’re referring to are famous people. The fame gave them their fortune and some are just extremely talented and have made lots of money through professional sports careers or music. Without wealth management, lots of these people who get rich lose their wealth quickly. Lots of these “Rich” athletes or influencers don’t know how to manage their money or do what Graham is mentioning in this video. They spend all their money before their next paycheck and rinse and repeat.
@@JV_ApexPerpetual I agree that its definetely influenced by how they earn their income. If getting attention to drive people to buy something from you is how you got rich, of course you're going to do what you can to gain more publicity.
@@otallonothose people are famous... That's a whole different game. The richest person I have know has nice homes and cars but they aren't flashing anything on social media.
My dad. He would say it's no one's business if you have $1 or a million dollars.
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $883k in three years with my advisor
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Love this statement of his: The *real* wealthy people I have seen....want no one to know they're wealthy.
It's not even remotely true. He named older men as examples.. the younger celebrities are a completely different story that's why people follow Logan Paul and Taylor Swift, not weirdo Mark Zuckerberg. The REAL wealthy people are people who never needed millions of dollars to be happy in the first place, none of the people mentioned fit that description. And Stephan is widely known for taking advantage of people for money and ironically that's the guy you're listening to for wisdom.
They buy nice houses.
@@overman2306 Yep. And they'll buy quality. They'll have nice shoes, watches, etc. But they won't be ostentatious or in your face.
Never understood why people get so caught up on impressing people they don't even like.
Worst, ppl they don't even know 😂
To pretend be a guru and sell a course on making wealth to dumb or desperate people.
Or know for that matter.
Lost pals to the me rich, you not mentality. Sad to say money is truly the root of ALL evil, period!
Low self-steem is the main reason
This is one of the main reasons I stopped using social media.
With the exception of RUclips (I use it for research purposes for my work), I don't use any social media platforms. Facebook, Insta, TikTok, X, etc., all trash. And I feel AMAZING! Life has become so quiet and peaceful since I gave it up.
Sounds decision well made.
I've found the more I stay off social media, the happier I am. I still use it for promoting my music & connecting with people. But the scrolling n' stuff, I've mostly stopped
“Rich men spend most of their money to get richer. Where poor men spend most of their money trying to look rich.” -M.M.
My wife is the queen of thinking everybody on social media is rich. I try to explain to her these people are full of s*** and likely deeply in debt, but nope! They're all rich and she is living a terrible life. LOL! We live in a 3500sf home, no debt and very good investment accounts.
You are with the wrong one. You have a wife that thinks she is living a terrible life, that feeling is going to be painfull in the future.
@@ghodwalkerXP I was about to say that. Being unhappy or bored is the number one red flag she's going to cheat on you, or, at least, leave you while taking your family and assets.
The two replies above me are correct. That chick you married definitely doesn't sound like wife material. For one, she is waaaay too easily influenced. If she actually believes those people on her mind-control-dancing-pixels device are rich, she has fallen hook, line and sinker.
The fact that she now believes her life sucks means that step two of the secret corporate agenda behind the companies that bring those videos to her eyeballs is working.
Females are very emotionally driven. It isn't a bad thing, its actually one of the fundamental reasons that males love femininity, yet, it means that they are very susceptible to outside influences. When those outside influences consist of multi-billion dollar corporations that spend billions on research and development of products whose entire purpose is to exploit that emotional vulnerability for profit, they will win most of the time.
Her being unsatisfied with life will ultimately bring her to question the person responsible for her life, which is the person providing that life, aka you.
Sooner or later, she will begin to think she could do better. Then those divorce papers will arrive in the mail.
A while after that, an apology note she wrote will be attached to your door once she realizes you're the best she could do in hopes of emotionally manipulating you to accept the fact that she completely disrespected you and what you had to offer because, well, she needs someone to pay the bills.
Sounds like you need a new wife 😂😂😂😂😂😂 jk
Time for new wife.
People been faking being rich. Its just now in 2024, everyones catching on to it. However, a lot of people ARE as rich as they seem.
People been caught on years ago, this ain’t nothin new dude.
The thing is... the more you make the less you spend. Because you value your time and your money. Yes... its nice to have expensive cars or buy a new home to live in thats more expensive and anything. But the thing is... money comes with work. It does not mean your work is your job. You work your money in any way. It could be your business, high paying job, rental income like... you do the work too. Naturally you tend to value money more so you rather invest it and enjoy it later.
Because if you feel pain making 300k a year you would not spend 300k. If you make 300k a year just like that with no hassle chances are you will spend it quickly.
@@Devinn504 With the innanet, it is. A lot of people believe what they see, dude.
I think more people are richer than they look, not as rich as they seem. Stealth wealth is smarter.
Actually you are wrong this is new due to social media. Most millionaires became wealthy by 401k's slowly saving and equity over 30 years on a home living very poor. This is a fact 90% of millionaires are this excludeing inheritance peolple and generational wealth. 90% of people you see online everything is rented.
"comparison is the thief of joy"
💡💡for sure!
That’s my favorite quote !
This is why social media is so toxic
One of the reasons anyway.
Social media isn't toxic. The way people use it is.
@@eddiemalvin Social Engineered to make you react a certain way. They can predict everything you do, say, and buy.
"You don't see Jeff Bezos... with all of his bags that he just bought". No, you see him standing next to his Spaceship.
lol
I see photo's of him next to his bags all the time. Surgically enhance bags.
lmfao exactly. People who say the wealthy don't display their wealth are lying. they definitely do and they talk about it. bezos literally thanked mfs for ordering off Amazon so he can go to space.
@@lot2196 Good point! You could buy a lot of Lamborghini's with what he chumped off in the largest divorce on record!
@@lot2196 I see what you did there 😂😂
no doubt social media is toxic. I'm happy I had a different upbringing. Years ago in Cambridge, I had Indian friends with successful, intelligent parents who taught me about saving. We even played a "Stock market game" in school. Today, I'm debt-free, with a credit score over 800 and can "survive" years without touching any savings. However, my family has a different approach. Despite my efforts to educate them, they struggle with debt and lack financial knowledge. My 12th-grade grandson prioritizes material possessions like an iPhone, airpods and a Dodge Charger and no matter what I teach them,they will not listen for a second. I feel so bad for them as they will have a hard live but I tried many times.
I am 28 and dca into my TD. My dad sold his stocks and getting back in is the real challenge. Btw I want a Dodge Charger as well ain’t nothing wrong with that.
Good job peter. You can survive years without touching your savings? How much do you make? And how do you split is amounts saving, spending and investing?
haha no, I work with an investmnt advsr, I influence hr strategies with most of my decisions. we re pro cash while also in the money mrkt and trading currencies. So yes I am still in the mrkts.
this past months, i hv made significant prfits, continually updating my watchlist after rebalancing my prtfolio. I hve a $2M prtfolio, nd sh manages all accnt activities.
I am looking to get into the markets, has your adviser made any notable changes to your portfolio? I am in the market for one. how can you tell a qualitative professional/how profitable has it been for you?
Nobody who's rich that I know brags or shows it off..I promise you that..Just talk to anyone who's got properties up the arse..Their millionaires but they'll never tell you.
Literally Never
Yes majority of them do not ever brag. A lot of them look pretty simple too. My husband meets a lot of millionaires for his job and they're not on social media bragging their wealth; all you see on them is at most their company's website and LinkedIn lol
I used to work for this work for this old man who looked like a regular dude; wears his khaki dad shorts and solo shirts; turns out he was filthy rich who put aside $15k allowance per week for food alone coz he liked eating out.
I'm broke, but I pretend I'm rich by wearing $5 shirts every day. I'm sure I impress many people.
@@Ms.MD7 Oh no, khaki dad shorts and polo shirts - are you looking at me through youtube? 😱🤣
I remember being at a resort a few years back with my wife, enjoying a nice vacation. One day this girl and a photographer were taking tons of pics around the resort, she would go and change in the public restrooms into other outfits and take more pics (just a bunch of trashy glamor shots) and that was it. I was talking with the photographer and this was about a month worth of pics for her influencer account. The resort let her take the pictures for the day for the free publicity, but she wasn't actually staying there.
lol. hilarious! I wish more people knew about this.
You don't need Social Media, just look around your neighborhood. Always new, (Leased Cars) in their driveway, Landscapers, Holiday Light installers, Painters, Pool Boys etc... Nobody does anything themselves anymore, they just pay people. Then when you talk to them they are saying, just got back from Disney and little Bobby got accepted to North Eastern University, (80K a year BTW). Long story short, they spend every penny they make. Then they panic when they turn 60 as they have zero saved/invested for Retirement and they still have 15 years left on their Mortgage.
Hey, you just live in my neighborhood
Proverbs 21:20 - “A wise man saves for the future, but the foolish one spends whatever one gets.”
Simple solution: stay off social media. Life real life.
I remember i went on vacation with my sister’s family and other people including my dad. My dad is a big spender and paid for everyone but my sister posted all these pics making it look like she was on vacation with just her husband and kids and when someone commented on her pics asking where they were she said “we rented a lakehouse at lake so-and-so”. I was shocked that she passed it off as something she paid for. She could never afford something like that herself but all her friends thought she could.
Yeah, that's shady trying to pass it off like she paid for the lake house rental... but at least she got to actually experience the vacation and reap the benefits of it.
Some of these people are faking the experience altogether.
I was one of those people wondering why others with the same pay as me were living life, traveling, expensive cars, luxury goods etc. Well I discovered they were not investing and saving. No 401k, no HSA, no Roth, not even good health insurance. So yeah, I’ll let them live the good life now, while I plan to live the good life long term
Probably smart to do both in amounts that make sense for you. Sometimes it is good to invest in life experiences/hobbies earlier in life. There have been people that have lived stingy lives, saving everything into a small (or not so small) fortune, only to get too excited after finally buying a speed boat, etc. that in the last week of their work before retirement they had a heart attack and died. I worked in the same place as one of these people and it is kind of sad. Balance it out so you can enjoy life also.
Or they crazy crazy in DEBT
“experiences” are generally overvalued
I sort of wondered how the people around me didn't seem to have extra money. I didn't really wonder since I remember a lawyer in training friend of mine who used to go to all the law firm parties back in the day. She told me they were all broke because even though they made lots of money, they spent it all, and more. I couldn't hardly believe it then but now I do.
There’s smoke and mirrors with a lot of things you see, but particularly online. Take much of it with a pinch of salt, and focus on yourself as that’s the only thing that matters. There’s a power to staying in your own lane and keeping your cards close to your chest.
Hiding wealth also keeps you safer in public. That’s always a fear I have for myself.
I like this video and I most definitely like how you even tell examples of how you almost fell into the trap of feeding into consumerism/fake wealth! That really shows how relatable you can be instead of pointing fingers at others! You got my upmost respect!
If you're comparing yourself to the influencers you're seeing on social media, that's your first mistake 😂
facts
I just assume everyone who sells a course, a product, or does crypto online is faking it. Period.
Must be when you begging people to subscribe so YT can pay them. 🤷🏽♀️
Like Graham said, most genuinely wealthy people don't tell the world what they have. If they do, they probably won't have it for long. "A fool and his money are easily parted."
My Dad used to say that. So true
I have talked to more than a few people that make more than me and are always broke. most common sayings "you can't take it with you when you die" and "i want to spend my money while i am young enough to enjoy it" my reply is always "we both have coworkers who have to keep working that are in their 70s, that ain't going to be me,"
Love the comment about where you spend your time and how you can use it to improve your life or someone else's instead of wasting it on frivolous things like 'gotcha' on someone you will never meet.
There is absolutely no way all these teens and 20 something year olds are all driving expensive cars and all that nonsense. It's a trend of faking it till they make it.
I am 21 and have a Ferrari 296 GTB,I travel around the world and wear clothes for thousands but it’s all with my parents money,I don’t earn money and I don’t have a job. I think it’s okay unless you started acting like it’s your money and you are self made successful person,I am at least honest I am broke but have rich parents
Thank you for this Stephan. There’s a lot of luxury influencers that keeps unboxing hermes bags all the time, it baffles me. I am a luxury influencer myself and it is not sustainable. I actually made a video yesterday and posted it in my chanel about why social media sucks, 50% of influencers are dead broke!
The year is 8135. Archeologists uncover evidence everyone was famous.
Which logically makes no damn sense: if everyone is famous then the word loses meaning 😂😂😂
Hahahahahaha 😭
🤣🤣
Best laugh today 😂😂
I look broke, on purpose. Was dating a gal once who had no clue about my finances, after a several months, I told her, and she was shocked, I can still remember her reaction. It didn’t work out in the end with her, but she liked me for me. Now back to being single and looking broke, lol
Can I get a loan lol
@@mac23806 np, 65% interest yearly.
Me too.
why'd you tell her at all? Keep your finances to yourself. The exception could be when you're in a deeply committed, and God-blessed marriage.
@@EriPages Well no plans on marriage, so there’s that… long story, but she eventually questioned why I go pick up rents on the 1st of each month, and why I was always getting calls to “come fix a toilet” lol so it was a trust thing at the time.
I’m an insurance agent and I have clients who show their high end vehicles on IG but they are always on the verge of having the vehicle repo’d or the insurance canceled for non-payment. A few post photos inside and outside the house the live in. They tell the world they own the home but they have a renters policy on the home not a homeowners policy.
I’m used to seeing it. They go to great lengths to show off.
Thank you so much for sharing! 🫶🫶
The key is to NOT care what everybody else is doing. Just live your life and don't give a F what anybody else is doing.
Sometimes having a lot of things does not mean you have a lot of money, just a lot of debt.
I truly enjoyed her video; very informative. Thanks for sharing it!
The people with money are only private to the majority, but they one up each other with yachts and other high end purchases.
This
It's like the Great Depression Era, a lot of people were flexing like they had money but were just barely hanging on.
STOP ACTING RICH is a good book to read
Let's clarify, there is a difference between showing off wealth and faking wealth. Faking wealth is a broke ass pretending to be rich. Than there is "rich" that by all acceptable standards are rich and want everyone to know it. But people do that all the time, not just with money. If its a nice body, do you really need to run around with no shirt or tight booty shorts? If its education, do you need to decorate your office with all of your degrees and accomplishments? Some folks just like bragging>
a few years ago i gave up all pretense of trying to impress other people and turned my focus towards improving my own situation.
Worth.
This is why 20 somethings are crying so much today. EVERYONE is broke in their 20's, you aren't the first. How can you not be? You have loans and debt from college, had to buy a car, paying rent, have to buy all furniture etc, because you have nothing to start with, making starting salary wages at your job etc.. Give it time, you will all be fine.
Thank you this is so true I tend to want to live the lifestyle my parents have without having done all the work they have
So, all this time, I've been being REAL poor when i could've been FAKE rich 🤯
Before I watch your reaction, I just want to say I loved the orginal video this lady made and I'm glad to get your take on the topic.
I know that people who value money tend to save and invest their money in general. The moment you get that 'quick' money or find the money printer thing in this world that makes you money without you having to put A LOT OF WORK. You'll spend it...
No wonder why jackpot winners lose their money and a few see this as a life changing money. Better to eat from investment money than my money that sits in the bank.
Instead of rushing off to collage at 19.... go work a manual labor job for a year.. or at the very least during summer break... Me I worked summers for the DNR... mainly fighting forest fires.... which was fucking brutal... Only before my senior year went to work at an island resort as a deckhand (Rosarios in the San Juans).... Where you get to meet many,many super wealthy folks.. along with their Daughters and grand daughters.... Twas a magical time.. I drove a VW camper or a 911 Porsche
Kiki Chanel has a channel that talks about this type of thing too.
I got to fly in a real small jet (one way) from Las Vegas to Orange County, CA. Jet Suite X had a special on Expedia a few years ago. It was a real treat.
I fake being poor; I'm nowhere near a millionaire, but I'm not struggling per se' either. I like sleeping comfortable at night knowing my bills are paid in full.
Aside from my immediate family and closest friends of 5, I didn't tell ppl I bought a house til to this day lol (it helps that I have no personal social media) and I still drive my awesome nothin' fancy Toyota Corolla 😆 having no monthly car notes is such a relief.
Pee pee poo poo why are you outing yourself on some random comment section on RUclips. If you really are trying to be lowkey and don't really care for people knowing you're well off, why post this comment in the first place?
When I poop it makes me feel good.
Corolla, the dog and workhorse of the Toyota line. Gotta love those guys. Mine is a 2004.
People who are wealthy and happy dont need to tell you, and a lot of time, dont even want you to know in case you treat them differently..
I recently went on holiday with my partner, and we didn't take a single photo.. we just had a great time together, we both loved it.. i got home and my sister said "is it even worth going on holiday if you have no photos to post online afterward?" 😂 I think she was only half joking!
The reality is that most folks with any sort of wealth usually don't flaunt any of it. I'm not rich, I'm comfortable i tend to wear the same clothes all week. A simple v neck tee and snacks. Those flaunting wealth or iced out watches are usually fake or just clout chasing.
Forget about other people and just focus on financial freedom. Other people are a distraction.
My best friend when he sees me wearing something "nice" knows to ask what I paid for it because he knows I would never pay full price or take up a deal without getting it dirt cheap haha
- Bought a great quality knock-off (oxymoron right😆) designer hoodie at a garage sale & paid $2 when it goes for $260!
I'm that friend. ♉
Long before the days of social media I had a cousin who worked as a court bailiff. He'd visit households with top of the range kitchens, bathrooms, furnishings, video and audio, exotic holidays. Not a penny of it paid for.
I think people have been doing a form of this since the dawn of the human race.
Don't forget the guy in that fancy car maybe leveraged to the hilt in DEBT!
I don't like to think that way. Because just as someone can fake it someone can also be living it. I like to think the best of everybody and assume that yes they are living that lifestyle. Because it's better to be positive than to be negative then to be negative
Positivity isn't bad. But statistically, it is extremely likely they are in debt.
"The man in the suit has just bought a new car on the profits he's made on your dreams."
-Traffic
Love the Zenith
That's my grail 😅
"Any man who says I am the king is no true king." Tywin Lannister
Social media and comparison is poison. I say this as a wealthy person who can easily feel inferior by comparing to others who appear or are richer than I. Do your own thing people. Seek freedom. Seek solid relationships. Seek financial stability. After a certain amount of income money doesn’t make you happy. People don’t believe me but it’s true. Money can buy you choices and things and help people and bless people but it may not make you happy or fulfilled. That is something inside of you. ❤
So true.
Wealth is calculated by what you actually have minus your debt.
My view is: If I’m not saving, I’m losing.
this always been a thing, but it got way worse with tiktok
I will never understand why people need to show their pockets or get into people pockets online.
I could care less what these "influencers" do. I drive a 20 year old car. I buy clothes from TJ Maxx. My idea of a vacation is going to the local public golf course and hitting a bucket of balls at the driving range.
You never know who’s swimming naked until the tide goes out
🤣🤣🤣
"if you applied that to reading a book" really made me laugh 😂
OR, when you are digging in hard desert soils, rent an auger style post-hole digger. Drill some small holes in a circle outlining the big crater you want to dig, and then join them together with a shovel. Half the labor, half the time, and only a fraction more money. A tip from an old dry land gardener.
I go on vacation once a year in the Carribean, maybe a few concerts in the summer and that’s about it. People think I’m rich. I’m not but I do invest probably not as much as I should but you can’t take it all with you in the end. I’ll always try to be smart and stay out of debt but I’m still gonna live once in a while.
big difference between living and flexing for social media
Good job, keep it up. Balance is good.
If I was rich, I would hide that I'm rich so I can talk to people like I'm normal person and I would channel conversation to meet what they are saying so I don't stand out. I would not broadcast myself doing things to get views for extra bucks.
So on point here in vegas I haven’t seen a extravagant bottle service display in a while 😂😂
It's called living...you can't take it with you!!
Just Google average income per person in US..This will answer all your questions about how fake social media is..Almost 3/4 of the nation per person makes less than $50-75k a year..
bro I stay flashing my 2010 Toyota Prius with only 95k miles. Get the coolest fits from Sams Club Members Mark after season mark downs. Keep up slackers lol.
My OPEL CORSHE 2004 is better than your poor TOYODA PRIUS in every way !!!
@@Neuroszima haha. hey my friend just moved from the states to Germany and the first car he bought was Opel Corsa he said its like 60 mpg. Im super jealous they dont sell them in the states.
@@BadgerWolf-19 hahaha CORSHE POWER!!!
Most of the returns ends up either in liquiadion or in the landfill. Some of the stuff sure it can be resold but for the vast majority big corporations don't want to deal with the headache so they sell it for pennies on the dollar.
You are one of the guy who have all the time in the world. 🎉
That private jet setup is probably a money maker lol
Charlotte is amazing. I’m so thrilled to see her on here!
Love how he said “making YOU feel inferior (couldn’t be me tho)” nah jk love the vid Graham 😂😂♥️♥️
The "commission board". One of the most motivation tools in sales history.
I know someone who is a multi millionaire but he lives in a mobile home, never takes a vacation. He does like to gamble(He wins too) but he keeps his life very simple. He has a cheap flip phone too. Only thing that shows his wealth is a giant 100K truck. Paid for in cash. He just does not care.
Pretending to be a passenger in a private jet is cringe. Being the pilot of a real private jet is cool though.
The idea of credit created this mentality so long ago
Wow, your watch just switched from your left wrist to your right then back again!
it's magic. One of my kids showed me this trick and it blew my mind. Person goes from being married to just having a ring on their other hand 😁
I was just watching this exact video that youre talking about before watching this one wow
I know someone with a hemi and dont even have money to put gas in the tank.Its a show 🎉🎉
Lol what are the odds that her video was suggested to me and I was watching it during OT and then this vid is released 😂
I have some friends that flex on instagram and I know for fact their life is not even close to being that “glamorous”. Some are deep in debt and are barely making it. It’s kind of amusing actually especially when you know what’s going behind the scenes 😂
Living that fantasy life is so much more interesting than real life for some people. Too bad they don't have real life connections with real people to give them real meaning. Doesn't matter, rich or poor, people need real connections.
8:15 Bro turned down on that hot tamale
Crazy, Wealth whispers!😄
Love the Video but I'am wondering if you would ever talk about the commission effect on realtors.
I’m going tell my son, he is you neighbor,he is watching you RUclips too!🎉🎉🎉
Definitely mike Barron! He’s conned so many out of money amd flaunts on social media! I’m currently suing them!
05:00 in.. ASOS and a couple other stores are starting to implement this because they are seeing such high return volumes due to influencers
But Graham every thing on the internet is true
Looking rich is much better than being wealthy!😊
8:13 graham’s reaction😂
It does seem like most of the people around me that I know are wealthy compared to me. However at the same time if your wealth is fake, then it probably means you're in debt, and I think living a debt lifestyle isn't sustainable and eventually you'll run out of borrowing power. That happened to my uncle a few decades ago, but I don't see that happening to people around me. I think in most cases they really do have wealth whether it be due to inheritance, dual high incomes (ie. 150k isn't that impressive but 150k × 2 is 300k and tons of disposable income)
*stares in "ok.... i just draw butts. Thats it..."*
My favorite is the solar bros claiming they drive lambos after selling solar for a summer.
She's great! I just saw this video about a week or so ago. I also watch her makeup videos.
No surprise, people been doing this since IG came out, and probably before that.