7 Things Poor People Do With Their Money

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  • Опубликовано: 4 мар 2018
  • The difference between the rich and poor is what they do with their money. In this video, Daniel Ally shares 7 things poor people do with their money:
    1. Feasting
    2. Gamble
    3. Get-Rich Quick Schemes
    4. Vacation
    5. Show Off
    6. Luxury
    7. Entertainment
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Комментарии • 1,2 тыс.

  • @danielallyway
    @danielallyway  6 лет назад +195

    Hey everyone! I'm glad you're enjoying my videos. Be sure to follow me on Twitter & Instagram for more daily motivation: twitter.com/danielallyway + instagram.com/danielallyway. See you there! #TheAllyWay

    • @alhaimubarak1365
      @alhaimubarak1365 6 лет назад +3

      Daniel thnx you so much am really following you hope one day in sha Allah iwill be rich

    • @aunties5798
      @aunties5798 6 лет назад +2

      Daniel Ally
      Hi Daniel, am somehow old school, but will definitely learn how to use Twitter and instagram. Always a joy watching and listening to your speeches. You are truly blessed. Thank you.

    • @danielallyway
      @danielallyway  6 лет назад +1

      80sGirl Asante Get on ALL major social medias!!

    • @waltermangeya1774
      @waltermangeya1774 6 лет назад +1

      Hie .thank you Ally ,lam learning a lot.

    • @mrdontdoit3124
      @mrdontdoit3124 6 лет назад +1

      Daniel Ally you have to pay yourself first take care of home i do that but I'm trying to get better with alot of things but i learned through the years. And you have to write things down

  • @TomSekey
    @TomSekey 5 лет назад +32

    "I deserve it" that's what I hear from people that go paycheck to paycheck. Instant gratification

    • @cyphrinfinity9992
      @cyphrinfinity9992 4 года назад +1

      same here I've heard that also.

    • @adrabruzzese7610
      @adrabruzzese7610 2 года назад +1

      I tell them I deserve long term security.😊. I work too hard to waste my money foolishly.

  • @arshakashkar7900
    @arshakashkar7900 3 года назад +5

    1.Feasting
    2.Gambling
    3.Get rich quick scheme
    4.Vacation
    5.Brag
    6.Luxury
    7.Entertainment

  • @peterartboy
    @peterartboy 5 лет назад +38

    This guy is On The Money here and he's relatively young which I find quite heartening. Every word he said is true. I'm old now but have basically followed the mantra expressed here. Having said that, I have traveled I great deal, I've been round the planet 40 times and put in 1.5 million kilometers in long-distance flights, plus uncounted local ones. However I've never scrabbled after money, money arrived as if it were the applause for business well conducted. I've lived by Bible standards and found that to be the way of riches, material and spritual. Be loving and kind to others, your family, and be kind to yourself. Pursue godly things first, be diligent, stay modest, be humble.

    • @ngethedavid142
      @ngethedavid142 5 лет назад +4

      You said it perfectly pete

    • @Gurlfromlunds
      @Gurlfromlunds 3 года назад

      @@ASMRyouVEGANyet that’s Old Testament mate

  • @jermainelatimer804
    @jermainelatimer804 5 лет назад +74

    I grew up in the projects in South Carolina and I was poor, now I'm not. After high school I went to community college and got a trade for myself. Now me and my wife both are making over$20 an hour. If you put GOD 1st and apply yourself, things will come into place. Don't get me wrong, I struggle also. I'm not saying that but I was determined to do better for myself and my family. So my advice is to put God first and come up with a plan to better yourself.

    • @Lilvon92
      @Lilvon92 4 года назад

      Check out my music peeps ruclips.net/video/VA164N4Q5W8/видео.html

    • @caliglory1240
      @caliglory1240 4 года назад +1

      Jermaine Latimer - I know GOD is good but HOW do you put God first in connection with getting wealthy??? Are you a pastor at a church and people giving you lots of money for FREE???

    • @eversince_9863
      @eversince_9863 4 года назад

      "got a trade for myself" could you elaborate more on this?

    • @irmavela10
      @irmavela10 4 года назад

      Jermaine, I am with you, here, too. Opening up to God by asking Him to give you what you need, then, thanking Him, rather He gives it to you or not, also brings peace of mind. I never quit asking, even if His response is slow because God also wants us to help ourselves and not just sit complacent with our mouth open. Blessings!

    • @ASMRyouVEGANyet
      @ASMRyouVEGANyet 3 года назад

      @Blackporsche roadster exactly. Prosperity gospel bullshit

  • @user-tb7iz1vf7p
    @user-tb7iz1vf7p 6 лет назад +99

    Luke 16:10 ""Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much." Great advice Daniel. Good stuff.

    • @juliawillc
      @juliawillc 6 лет назад +4

      Flower I think that’s from the Bible.

    • @augustinenabome6170
      @augustinenabome6170 6 лет назад

      Great

    • @jilliansmith7123
      @jilliansmith7123 5 лет назад

      Julia Wills: ya think? As in "Luke 16:10?" You nailed it, girl!

    • @edgarasseredzius3693
      @edgarasseredzius3693 5 лет назад +1

      Yes and noah after flood build piramides, and 8 people scoop out 10tons of animal shit daily. That's good one too

    • @jilliansmith7123
      @jilliansmith7123 5 лет назад

      Edgaras seredzius: Great LOL! Thanks. Happy Thanksgiving.

  • @metsary0759
    @metsary0759 5 лет назад +12

    I admit it, this is all my weaknesses. I have to master it. I can and I will.

  • @raffaelecolucci1101
    @raffaelecolucci1101 6 лет назад +79

    Number 7 is what kills people the most!!! People need to stop obsessing about Politicians,Sports,Concerts and all other pointless things!! Awesome video!

    • @jayant6493
      @jayant6493 6 лет назад +16

      Nothing wrong with being passionate about your interests its about how you manage it

    • @highpowerx4554
      @highpowerx4554 6 лет назад +7

      Raffaele Colucci .....you are absolutely right..why spend hundreds even thousands on concert tickets or ball game tickets when you can watch it on TV or listen to it on the radio or online.. you spend hard earned money on sports athletes, entertainers .... and then you wonder why you don't have enough to pay your car note or your rent / mortgage or money to your bills lots of people have this problem some will get it but a lot will never get it!

    • @jeankeats3200
      @jeankeats3200 5 лет назад +1

      @@highpowerx4554 Yes, that's true. If you CAN afford it, great but if not then it's better not to. Very simple!

    • @jeankeats3200
      @jeankeats3200 5 лет назад +1

      @Rafael Vargas Then you've never been to a real live hockey game! I believe what you're saying is right though. If the person can't afford it, don't do it. My first time at a hockey game (I was treated), when I walked through the area to where the game takes place and the seats, I saw all the players skating by at break neck speed, the whole experience literally pulled my breath out of me. It was thrilling. AGAIN though. I was treated, I did not ask, and if the person can't afford it, watch it on TV. There are things I would love to have but I don't buy. Why put that kind of pressure on, right?

  • @pd9971
    @pd9971 5 лет назад +6

    Daniel my man you are spot on and you just did a great service for EVERYONE!

  • @jscruggs9360
    @jscruggs9360 5 лет назад +15

    Child support gets 1\3 of my check, then rent gets another 1\3, then bills, food etc. Its a vicious cycle, almost forgot student loans!!! I work 60 hrs a week just to survive. I don't get to spend any time with family cause of work and bills!! This is not how it was supposed to be, went to college, got in debt and then they got you!!! Its not right

  • @Uwa64
    @Uwa64 5 лет назад +9

    I have been scammed several times with these so called network marketing thanks for this video

  • @melonykilby6887
    @melonykilby6887 5 лет назад +4

    I see alot of people who are poor , buying lottery tickets at the gas station all the time. This is so true

  • @venustorralba847
    @venustorralba847 5 лет назад +1

    You were absolutely right, Daniel. Just to add up why ppl are poor is that due to lack of knowledge on how to expand their source of income and attitude over spending money for their loved ones and other people they socialize with.

  • @mikehouston5263
    @mikehouston5263 5 лет назад +8

    "That's where the tragedy begins" 😂😂😆 I love this guy. You're awesome Daniel

  • @larrykuehn1457
    @larrykuehn1457 6 лет назад +86

    I'm a poor single middle aged man without kids.I'm a homebody.I don't go out to eat at all.I cook my own meals at home.I don't go gambling at all.I'm a full time home student with special needs.I'm mentally challenged man.i live cheaply with style.I live a very frugal lifestyle.I live on both low income and disability money.I watch free online videos at home these days.

    • @larrykuehn1457
      @larrykuehn1457 6 лет назад

      Why do you say that?

    • @larrykuehn1457
      @larrykuehn1457 6 лет назад +1

      No they don't.Where do you think this crazy guy gets his crazy ideas from.

    • @larrykuehn1457
      @larrykuehn1457 6 лет назад +2

      Some higher income people have no common scene at all just like some low income people have no common scene at all.I was close friends with other low income people with no common scene at all and they think know everything about everything in life even thou they really don't.one of them was a high school drop out.

    • @jcbefree7325
      @jcbefree7325 6 лет назад +4

      Change the way you think seek other roads open your mind

    • @jcbefree7325
      @jcbefree7325 6 лет назад

      Hymat Vgytab I'm glad to hear that

  • @sethyvisoth
    @sethyvisoth 6 лет назад

    I have known a lot of great people but I have never found someone like you Daniel. One thing I know about you is you leave your parent's house to unlock potential and I am willing to do so because I was sick and stuck in my parent's basement. You are such my mentor right now. Thanks Daniel !

  • @robertradcliff3254
    @robertradcliff3254 5 лет назад +19

    Put it simply . Most people don't know how to manage their money properly...

  • @Coryraisa
    @Coryraisa 5 лет назад +5

    Numbers Two and Three I'm inclined to agree with.
    Too many people waste money on lottery ticket gambling and allow themselves to be lured by get-rich-quick schemes, which in the long run, makes them even poorer.

    • @Dreamersroc
      @Dreamersroc Год назад +1

      Yeah that's my dumb girlfriends type of people 🤣

  • @jasonbarney4737
    @jasonbarney4737 5 лет назад +8

    Mr. Ally, I just love what you talk about. You are "on the money!" 😉👍

  • @reggiemccoy3265
    @reggiemccoy3265 2 года назад +1

    Speaking For Myself Back In My Age Of 20's I Made Alot Of Mistakes Sacrificing Helping Others Taking Care Of 4 Sons By 3 Different Baby Mommas That Did Me Dirty Also Partying Alot Now They Living Good But I End Up Homeless Living On The Streets With No Help So Now I Just Thank God To Continue To Work Hard Thank God My Chasing Days Are Over Along With Partying Days Now That I'm In My 30's Thank You For Sharing Sir Much Love and Respect.

  • @midgebarker4022
    @midgebarker4022 5 лет назад +54

    One thing they don't do is pay me back the money they owe me. I've learned my lesson. Never loan to your broke friends & Family.

    • @MikinessAnalog
      @MikinessAnalog 4 года назад +5

      That is sooo true, never give a "loan" to family or friends as that could strain the relationship. If they need money and you can do it, make it a gift. As in not expecting it back. You will thank yourself later.

    • @miss.conduct8083
      @miss.conduct8083 4 года назад +6

      Or.. Looking to get rid of that mooching friend or family member? Go on, give 'em that $20, hell, make it $40. It will be the best personal investment you've ever made. You'll never see or hear from them again. Bye, Felicia!

    • @TheVaroEdition
      @TheVaroEdition 4 года назад +5

      @@miss.conduct8083 Yep, they won't come around again until they can repay you, which will be never.

    • @cyphrinfinity9992
      @cyphrinfinity9992 4 года назад +1

      @@MikinessAnalog agree with you

    • @thomasokeefe3081
      @thomasokeefe3081 4 года назад

      DITTO

  • @davidadejumo3666
    @davidadejumo3666 5 лет назад +11

    wow this is very powerful, I love it, it exposed me to many areas where I have made mistakes. Most times poverty stems from our spending habit. Thank you for sharing

  • @starcitycreations
    @starcitycreations 6 лет назад +2

    I used to work in a movie theatre and the part about people spending their money on entertainment is SO true! I could always tell who could really afford going to the movies and those who didn't have much, but, by golly, were determined to watch their movie.

  • @Sarah-ku5pd
    @Sarah-ku5pd 3 года назад +11

    I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability.

    • @Sarah-ku5pd
      @Sarah-ku5pd 3 года назад +2

      You could invest your money globally…. Into stocks trading, forex market, commodities and also the fast rising cryptos.

    • @rodrigo2014
      @rodrigo2014 3 года назад

      Good talk I tell that to my friends everyday. Saving is good investing is much better, I used to think saving would save me but NO, saving is just keeping to spend later.

    • @idris8498
      @idris8498 3 года назад +2

      @@Sarah-ku5pd What if you don’t know how to trade any of these?

    • @Admin-jm4kf
      @Admin-jm4kf 3 года назад

      @@idris8498 I mean.... I see your point. Some people have money and are willing to invest but the problem is where to.

    • @casey6170
      @casey6170 3 года назад +1

      @@idris8498 This is 2021
      People who aren’t even traders makes money from stocks, crypto and forex market.

  • @KnockoutInvesting
    @KnockoutInvesting 5 лет назад +159

    Poor people...
    1) lots of kids
    2) minimum wage jobs
    3) Jordans booze cigarettes clothing bling bling
    4) expensive cell phones and plans
    5) lots of baby mama's
    6) club a lot

    • @mikehouston5263
      @mikehouston5263 5 лет назад +14

      Haha 😂 super true. Jordan's are becoming a sign of poverty 😅 Wait.... I have Jordan's 🤔😅😆

    • @AntonioGomez-co3us
      @AntonioGomez-co3us 5 лет назад +2

      Berkeclor92 I don't understand why kids are to blame if your poor you will get a federal income tax check at the end of the year I know a bunch of people that get 7k 8k a year at the end of the year

    • @tonyawilliams1533
      @tonyawilliams1533 5 лет назад +1

      True dat!

    • @jeankeats3200
      @jeankeats3200 5 лет назад +1

      Very true, Berkecklor92. VERY true!

    • @Parisbluesun
      @Parisbluesun 5 лет назад +1

      Not truth

  • @rajbeekie7124
    @rajbeekie7124 5 лет назад +7

    After listening to this I am left feeling Daniel was never poor. He may have been broke, but not poor. This list is applicable to all, not necessarily poor people. I am guessing the bulk of poor people spend the biggest percentage of their money on rent and food.

  • @davidmiracle398
    @davidmiracle398 5 лет назад +2

    Well said. The ability to control our impulses to spend money on silly, instant gratifications, is the sign of a truly adult, person.

  • @gwenevalovett7227
    @gwenevalovett7227 3 года назад +1

    I am a poor woman and I usually take care of myself by paying my bills first with my money and whatever is left over I treat myself with something nice.

  • @marysimmons9268
    @marysimmons9268 5 лет назад +4

    You are so right and so true. Most people soon as they get pay .what they do is eating out treat themselves with good meal. Thank you for this video. it is eye opener for many people.

  • @huyn6334
    @huyn6334 5 лет назад +10

    Poor decisions, poor outcomes, poor for life.

  • @georgesingh826
    @georgesingh826 4 года назад

    This is the first real honest person I have met on TV,He is my twin brother, the only difference ,is when I speak like him ,people Hall me a hater !

  • @davidb8777
    @davidb8777 5 лет назад +2

    I never treat payday like anything more than another day. I never feel the money burning a hole in my pocket. On the other hand, I think you can't deny yourself everything. you should be able to enjoy the fruits of your labor.
    Personally, I like to travel. It's one of my favorite things. That being said, I try to budget carefully and not spend a lot of money just cuz I'm on vacation. For example, I like to eat & shop in street markets and supermarkets. Memories of my travels are some of my best memories.

  • @arindasam4544
    @arindasam4544 6 лет назад +349

    I dont do any of the above and I am still poor!

    • @rachealnakagiri9920
      @rachealnakagiri9920 6 лет назад +45

      arinda sam .Never loose hope Jesus is always there for you to change your life.

    • @Acord718
      @Acord718 6 лет назад +11

      Same here man

    • @charlieq6083
      @charlieq6083 6 лет назад +2

      I know _me to

    • @joeshmoe9978
      @joeshmoe9978 6 лет назад +24

      The system in America is set up to keep you poor.

    • @wturner777
      @wturner777 6 лет назад +1

      Ben Crosbie True.

  • @AllTotalCoaching
    @AllTotalCoaching 5 лет назад +52

    any one that cant control his spending habits and lives on instant gratification will always suffer

  • @thrivewhileenduring6676
    @thrivewhileenduring6676 6 лет назад +2

    Great video. I agree with each thing on the list especially "the feasting" Many years ago my mom worked for a company that paid their employees on Mondays. The reason was when some of the employees would get their checks on Friday by Monday they'd ask the company for a advance on the next check. The boss got tired of giving them payday loans and started issuing checks on Mondays so the employees didn't spend the weekends blowing all their money and needing payday loans.

  • @jocelynanderson4078
    @jocelynanderson4078 5 лет назад

    Entertainment & luxury Spot on! . People love to spend money on Sporting events, Concerts, For Luxury new cars, Newest I-Phones, Samsung Phones, Laptops, Tablets Designer clothes, Designer handbags, Spa days, manicures, Pedicures, Fine dining more than once a week. I’ll admit I’ve fallen into this trap too, but I’ve learned to definitely cut back on certain habits impulse shopping, eating out multiple times a week, buying Starbucks coffee a couple times a week, it really does add up lol.. last but not least I always thought it would be fun to go to see the FIFA World Cup, after watching this video watching it on TV is so much cheaper!!

  • @AliFamilyEnt
    @AliFamilyEnt 5 лет назад +57

    To be more accurate, this Video should be titled “7 things Middle Class people do with their money. “

    • @cyphrinfinity9992
      @cyphrinfinity9992 4 года назад +2

      Have to agree there. It's not just the very poor (low income people) but the working poor or as you say Middle Class. Generally people are trying to "live the dream" and play the lottery hoping their ship will come in not realizing that the lottery is in some circles known as "fool's tax".

    • @MoonPhaze5
      @MoonPhaze5 4 года назад

      Yep!!

    • @MoonPhaze5
      @MoonPhaze5 4 года назад +2

      He could title this what FOOLS do with their money.

    • @warbat1
      @warbat1 4 года назад +3

      The poor don't have money for a vacation.

    • @MoonPhaze5
      @MoonPhaze5 4 года назад +1

      @@warbat1 A wealthy person made this video. 😅🤑🤑🤑

  • @selendriamuganogo7077
    @selendriamuganogo7077 6 лет назад +104

    I am so guilty of the first one... I just spent 40 dollars on takeout because i was too lazy to cook 😭😭 when i think of the dinner i couldve cook for 40 dollars instead 😱😦😟😵...

    • @jilliansmith7123
      @jilliansmith7123 5 лет назад +1

      dash--well, if you're feeding a big family...

    • @jilliansmith7123
      @jilliansmith7123 5 лет назад +1

      There is nothing particularly wrong with fast food. Most restaurants offer things that are "relatively" healthful if you choose carefully. Those aren't the cheapest things on the menu, though. Taco Time, for example, offers a really nice grilled chicken Caesar salad with only 15 carbs. Good fiber, reasonable fat levels, nice tasting. But yeah, it's not the cheapest. And most people eat far too many calories in a fast food place--gotta have that coke, gotta have that shake, gotta have those fries...it all adds up fast. And it's low in fiber and nutrients.

    • @Ishouldbestudying7521
      @Ishouldbestudying7521 5 лет назад +1

      Good luck next time

    • @rayblack9661
      @rayblack9661 5 лет назад

      dash captures of Vermont What small hick town do you live in to get Chinese takeout for $15?

    • @sweetdorcus3224
      @sweetdorcus3224 5 лет назад

      give give some am apoor African in need of education but no money my friend am at timanyiretegras@gmail.com

  • @petermato2807
    @petermato2807 5 лет назад +1

    YOU ARE RIGHT BIG BROTHER, FOOTBALL(BETTING) GAMBLING HAVE REALLY FUCKED ME UP. BUT AM GONNA TAKE A BREAK IMMEDIATELY.

  • @makelifeholistic
    @makelifeholistic 6 лет назад +1

    You really have nailed it on the head. That sounds like what I have always tried to avoid doing with my life but things are really slow on this side of planet earth but will keep on trying to break through. Thanks for the revelations anyway.

  • @parkerbohnn
    @parkerbohnn 6 лет назад +13

    My bother-in-law came from half a house and is now worth about 10 million. He still makes every cardinal sin this guy lists in his video. His entire life revolves around impressing the neighbors. He never got the chip off his shoulder from when he was young. Possibly poor people never change their ways when they come into money that's why many lottery winners lose everything.

  • @larrykuehn1457
    @larrykuehn1457 6 лет назад +105

    Even thou I'm a poor man I'm a smart shopper.

    • @sweetmslovinglife
      @sweetmslovinglife 6 лет назад +1

      Larry Kuehn and chances are you're not actually poor if you're able to shop. Poor people scrimp from day to day. He's actually referring to middle class working people who spend foolishly. Either his wording or knowledge is incorrect.

    • @DeeDee-2610
      @DeeDee-2610 6 лет назад +1

      lol me too bro

    • @larrykuehn1457
      @larrykuehn1457 6 лет назад +5

      I had strangers asking me for money.I can't afford to help them out their money problems at all.I have got my own money problems.I'm no hero and I'm not rich even some people think I am just because I wear nice clothes and have fashion sense.I shop cheaply with style for clothes and food.

    • @enigma11221
      @enigma11221 6 лет назад

      Larry Kuehn 👉🏿 are poor my friend. I didn’t said it, the vlogger did 🤣🤣🤣

    • @cfcbreakdownchannel3873
      @cfcbreakdownchannel3873 6 лет назад +1

      Why do you even have to accept poverty easily into your life

  • @MegaMijit
    @MegaMijit 6 лет назад +1

    just found your channel recently, loving it already!! with i found you sooner!

  • @piotrstelmach85
    @piotrstelmach85 4 года назад +1

    Cannot agree more. It took me a long time to understand how to spend money wisely. You have a sub from me.

  • @irmaindriani
    @irmaindriani 5 лет назад +3

    I love feasting but I don't even have money 💴 to do it 😅 lol

  • @michaelg.gartman1148
    @michaelg.gartman1148 5 лет назад +64

    Some poor people do these things, a lot don't. Not all poor people are poor because they do foolish things or make bad choices. That's a complete stereotype.

    • @jeankeats3200
      @jeankeats3200 5 лет назад +4

      I think he's talking more generality. He's not talking everyone, literally.

    • @dc76384
      @dc76384 5 лет назад +1

      So this guy is wrong...please explain why people are poor.

    • @robineliason7850
      @robineliason7850 5 лет назад +3

      @@dc76384 Maybe because their employers don't pay them a living wage because the CEO needs another yacht, or whatever, ...

    • @dc76384
      @dc76384 5 лет назад +2

      @@robineliason7850 So how does the CEO being wealthy keep an individual from getting a better job?

    • @cyphrinfinity9992
      @cyphrinfinity9992 4 года назад +1

      definitely agree. Some people who have a good paying job still play the lottery or go to bingo. I on fixed income lent money to one of these persons when I had only 60 dollars left for the rest of the month to buy food while she was getting paid 9 dollars an hour in her job and probably got paid every 2 weeks! Plus she was mean to me one day right after I gave her money as well!!!

  • @hortenzijasilverlight9062
    @hortenzijasilverlight9062 4 года назад +1

    As allways , I like what you are saying! Because it is the truth! And I like your styling. It is showing that you are a reliable person. An openminded and generos person. Balanced and not stiff.🖒🖒🖒

  • @Shedshananigans
    @Shedshananigans 6 лет назад +2

    I could only dream of going out for a nice meal, let alone a vacation. I never do any of these things mentioned and I’m always broke after just paying for the absolute necessities such as rent, utilities, insurance, fuel, medications and a few groceries. Needless to say, investing is completely out of the question. Working long, difficult hours for low wages is unfortunately a reality for most of us with few to no skills.

  • @bobpreacher5516
    @bobpreacher5516 6 лет назад +77

    Poor ppl also spend their money on communication (phone and internet bills ) , unnecessary conversations as if the world's abt to end .

    • @ryanjimeno1853
      @ryanjimeno1853 6 лет назад +6

      yeah! why do poor people waste their cash on things that are essential in today's world, especially those things which are needed in the workplace (e.g. communication)
      god, you're obtuse!

    • @leeyoung7826
      @leeyoung7826 6 лет назад

      BOB PREACHER so true.

    • @JohnDoe-nm3lg
      @JohnDoe-nm3lg 6 лет назад +1

      Exactly you NEED a phone bro lol how are you supposed to make money without communication or internet being anti social don’t make momey

    • @wagnerrdtradingpostonebay8934
      @wagnerrdtradingpostonebay8934 6 лет назад

      John Doe absolutely

    • @wagnerrdtradingpostonebay8934
      @wagnerrdtradingpostonebay8934 6 лет назад

      @Avakas Tech absolutely

  • @bootsarmstrong8421
    @bootsarmstrong8421 6 лет назад +31

    I don't do any of those things and I'm still barely able to get by. Here's a couple of facts you left out: rents are super high, even for a regular plain Jane apt. Food and gasoline cost a lot more than they used to and wages are about the same as they were 25 years ago. Make sense?

    • @DebnoxESO
      @DebnoxESO 5 лет назад +2

      Pick up and leave. Try a new city. U got a car pick it up and go!

    • @Jackgritty28
      @Jackgritty28 5 лет назад +1

      Make dollars not sense💵💲💰

    • @dc76384
      @dc76384 5 лет назад

      Yes its never your fault that your broke or poor. It's always an outside entity that causes it.

    • @ngethedavid142
      @ngethedavid142 5 лет назад

      Need to create another source of income find a problem in your community and create solution.it doesn't have to bring money bags but in time ideas will open to you and things most people ain't seeing will open up ....it's a journey buddy and your current situation ain't permanent 💯 💯💯💯

  • @kannannarasimman1296
    @kannannarasimman1296 3 года назад +1

    I know that I'm doing many mistakes &making wrong decisions ...Awesome Mr.Daniel .😉

  • @briankeithnull194
    @briankeithnull194 5 лет назад

    Well, like several other people have said they are still poor, me too. I don't drink, gamble, go out for dinner, anything like that. I sold almost all if my belongings to help simplify my life. I purchased a used ,36 ft. RV paid cash. I live in a trailer park outside if Los Angeles my rent is $550 per month all utilities included.
    I didn't drive a luxury car. But some things in life you just deserve to have. I live on the
    Cheap. I'm also no longer married and don't have kids.
    If you're single and not attached to possessions. Go look at a good used RV I beat the hell out of the cost of living in L.A. plus if I don't want to be here anymore. I can simply start up my house and drive away!

  • @AkashianRecords
    @AkashianRecords 6 лет назад +115

    People use their money poorly. This is why many are poor.

    • @wirecoaching477
      @wirecoaching477 6 лет назад +5

      So true

    • @AkashianRecords
      @AkashianRecords 6 лет назад

      WiRE Coaching Smart marketing strategy. Commenting on videos of similar content!

    • @rockfinancial2371
      @rockfinancial2371 6 лет назад +2

      Ain't that the truth...

    • @declaytor
      @declaytor 6 лет назад

      Touch The Coolwing no, it's all the government's fault

    • @shanewright2772
      @shanewright2772 6 лет назад +3

      Most poor people in my country are stupid, lazy, improvident and entitled by an out of control welfare state.

  • @dexterbernard2701
    @dexterbernard2701 5 лет назад +15

    You can become rich by investing in yourself:
    A) Online education
    B) Go to the library and take out books, dvds and music instead of purchasing via Amazon, etc
    C) Resist the purchasing things that you can get for a minimum cost or free
    D) Cook your meals instead of going out. Purchase your drink, alcohol and mixers instead if going to a lounge/bar charging an exorbitant amount of money
    E) Be smarter and aware of where your money goes

  • @waynejohnson2894
    @waynejohnson2894 3 года назад

    Mr. Ally I agree with you on 6 thing's except paying for cruises. Love them and will continue travel!!

  • @alyssainnes5439
    @alyssainnes5439 3 года назад +1

    Daniel I realised all of this long before your videi so, I welcome this nd you tell it so much better than I would!!! You are the Man!!!

  • @dhanwanteerampersad6715
    @dhanwanteerampersad6715 6 лет назад +19

    Thanks Daniel.I used to believe in "que sera, sera-whatever will be, will be"mentality.That changed when I took a positive course of action that changed my whole life around. As the calypsonian said: "Poverty is hell".Thank God for wisdom.👍

    • @johnmziki2661
      @johnmziki2661 6 лет назад

      Dhanwantee Rampersad q

    • @luismorales4617
      @luismorales4617 5 лет назад

      ....." Poverty is Hell...! "....
      ONE THOUSAND LIKES...!!!!

  • @LifeGate27
    @LifeGate27 6 лет назад +8

    Absolutely! | Bravo Brother! | Thank You Sir!

  • @veltonmeade1057
    @veltonmeade1057 5 лет назад +2

    Great video. I think gambling is the number one issue. I go to a casino about every two to three years, but nothing changes. The place actually affects me negatively when I see retired people spending their money. My career is in statistics, so that gives me a biased view against gambling and I know the that the odds are against you, because casino's are a business. And per his point on the get-rich quick schemes, I remember reading that those that are most vulnerable to these schemes tend to be in their 20s to their mid-30s and lack a higher education or trade school education. I went back to college when I was 31, got a degree in engineering, and worked hard to earn my income and I am glad that I did. Many people fought against me going to college, but my degree takes care of me and gives me the cash-flow to invest, buy a home, save, and have money to buy the small things that make me happy. What I don't do is buy $50k trucks, boats, and ridiculous material items. My credit cards are paid off so really I have nothing else to pay for and the reason is that I don't blow my money. I have an antenna that picks up 39 FREE air t.v. channels, more than I need, without paying a cent for cable. Life is good.

  • @sanjatrifunovic3307
    @sanjatrifunovic3307 5 лет назад +1

    Great points, congrats - you’ve nailed it! Thumbs up 👍

  • @muhammadmahboobulhaq4144
    @muhammadmahboobulhaq4144 6 лет назад +8

    Man i am from the other side of the planet but your words seem so familiar. Respect

  • @antwto8784
    @antwto8784 6 лет назад +16

    Haha true, my friend makes the most money out of all of us (close to $100k) but is the most poorer of us all. Other friends can't understand why but it's obvious - she may make the most but she spends it on all the things you listed. She plays the lottery and she NEEDS three holidays a year, NEEDS to go out every week, NEEDS the designer closet and flash car and expensive monthly haircuts and a new outfit for every party and every date and NEEDED the big fancy party for her birthday, her families birthdays, her family's baby showers etc she literally spends spends spends every payday and usually ends up having to borrow from her friends and doesn't even stop because she has a 'live for the moment' mentality but still always complains that she's not making ENOUGH!!

    • @antwto8784
      @antwto8784 6 лет назад

      Scared of toasters yes but the point of this vid is how to invest your money to make more, not how to live well

    • @ej7687
      @ej7687 6 лет назад +1

      Scared of toasters I don't think you should spend every dollar you make on basically things that aren't gonna produce more money! But having said that my brother-in-law is a millionaire and he's so tight with his money his house needs a lot of work on it and his yard too but won't hire anybody to fix these things!! So there is such a thing as being too stringy with yourself!!!

    • @jeankeats3200
      @jeankeats3200 5 лет назад

      ant wto, this is VERY true. People that have a decent sized income will spend over their head, WAY over. People that are in the millions can become broke like this.

  • @bryanmaulana2259
    @bryanmaulana2259 4 года назад +1

    Now I understand why my animation mentor used to have a moderate cellphone and cheap clothes but an EXPENSIVE computer for his work😄😉

  • @timgutierrez2211
    @timgutierrez2211 2 года назад +1

    You are so so accurate. I lol when you said "rims". This is the perfect example and it explains everything in one word.

  • @TWDxKILL3R
    @TWDxKILL3R 6 лет назад +33

    25% of your paycheck on eating out one night????? Good god ...... is it a $160 paycheck??

    • @jddavid4589
      @jddavid4589 5 лет назад +1

      TWDxKILL3R maybe if your 16

    • @jeankeats3200
      @jeankeats3200 5 лет назад +2

      This was legitimate back in the 90's. He's talking about low income people and they don't make $70,000.00 per year, not that that is alot. He's talking $30,000.00 annually. I don't agree with everything he says but some things I feel he nailed.

    • @MegaMkmiller
      @MegaMkmiller 5 лет назад +1

      That would be a whomping $40. I'm guessing like most average Americans math is not your strong point. Let's say after 401K and medical etc you take home about $1200. You go out to the EXPENSIVE bars because you're a typical fucktard and you want people to think you have a lot of money. You run into your ''bar buddies'' lawyers, dentists etc who really DO have money and you buy them rounds. Everybody orders appetizers. You order shrimp cocktail yet again. Ultimately, you and another guy end up at a steakhouse. Now you're getting a little nervous but hey, you've got money what's the problem? At the end of the night, it's easily $300. You just burned 25% of your take-home pay to live in the world of make-believe. These people are called fucktards. Do NOT be one of them. If you don't believe me, try this in Minneapolis. Or not!

    • @cyphrinfinity9992
      @cyphrinfinity9992 4 года назад

      @living in a desert When I had jobs in my younger days, I never did those things. I lived almost the same as I did when my income was lower. Paid tithes (that comes first), then put money away for the month's rent (from work pay every 2 weeks), bought groceries, etc. Saved money and bought a little 14 inch tv (this was early 1990s) after I'd saved enough for it plus sales tax, etc. There was no going to the bar and buying a big meal and drinking a bunch of beer or shots, etc. Now, if I want a drink, I go to the alcohol store and buy one of those 2L cooler things which lasts a long time for me because I don't drink every day or every week. When I do drink, it's usually one drink with ice cubes in it usually with supper and that is very satisfying.

    • @shadowsmith1386
      @shadowsmith1386 4 года назад

      @@jeankeats3200 Stfu

  • @yigamohammed
    @yigamohammed 6 лет назад +11

    Hello Mr Daniel I thank you for your efforts of training the world to pull out of poverty
    I would like to know how do companies like Amazon, eBay and others benefit by selling other people's goods

    • @SoferiaNebruin
      @SoferiaNebruin 6 лет назад +1

      They keep a very large percentage of every sale. Some companies keep more than others, but in any case, they make a fortune. Etsy is another company. Last quarter they sold over a billion dollars in goods....thus, they clearly make millions off selling other people's goods. The advantage for the seller though (from my perspective) is that they actually handle marketing and keep the website operating well so the seller can focus on acquiring or making product and shipping (or in the case of Amazon, they can even assign the shipping to Amazon if they choose).

    • @SoferiaNebruin
      @SoferiaNebruin 6 лет назад +2

      I will add that it is a sort of win-win situation. From a seller's perspective the amount in fees is still far less than overhead costs of having a brick-and-mortar store or hiring someone to handle website development and marketing. The downside is that they make the rules which can be constraining in a lot of ways.

  • @tomt373
    @tomt373 2 года назад

    Add to the list is leasing a luxury car/SUV.
    Leasing a car is totally to the dealers' benefit, basically because they get to have YOUR cake and eat it too.
    They get to tell you how little your car is worth at the end of the lease, and you have to come up with the difference, essentially PAYING FOR THE CAR but not owning it.

  • @kassiman5307
    @kassiman5307 6 лет назад +1

    KEEP GOING ON .. YOUR NICE JOB .... AND GIVE US MORE LIKE THIS ...!

  • @richardritz1113
    @richardritz1113 5 лет назад +6

    You are 100-percent right the most poor people are poor because of their own idiocy and stupid behaviour and then they want to cry and beg to the government to help them when they run out of money this makes me sick so cheers for a good good RUclips video

    • @dc76384
      @dc76384 5 лет назад +1

      Yes sir. Absolutely right.

    • @queentinadoire6931
      @queentinadoire6931 5 лет назад

      Amen, you are so right.

    • @greerchase9443
      @greerchase9443 5 лет назад

      That's an appalling assumption, not everyone's a parasite, maybe you're in the states...? I'm in Australia and I may not be financially rich I am in other more important ways, all the same your attitude is shit💩I am neither an idiot or stupid but you might be, tautology😂 is when you repeat yourself using two words to describe the same thing😂

  • @FBDmoney
    @FBDmoney 6 лет назад +7

    Thank you Sir. It's time to leave my bad ways so that I can be rich.

  • @massimilianoleone7360
    @massimilianoleone7360 5 лет назад +1

    Great vid Ally!
    I definitely understood to stay and run away from AMWAY! But very quick! 🙏

  • @johncabrera9954
    @johncabrera9954 5 лет назад +2

    Great advice.. thank you!

  • @AmisCooking
    @AmisCooking 6 лет назад +38

    Your theories are so right 👍

  • @MrJearley6
    @MrJearley6 6 лет назад +3

    Thank you for this video !!!! I must share this with a lot of youngsters that are just starting out!!!!!

  • @sherrycunningham1253
    @sherrycunningham1253 6 лет назад

    Thank you, thank you! I thought I was the only one who thought that way. So I welcome your advice.

  • @cameronmallory5807
    @cameronmallory5807 5 лет назад

    The people who gave a thumbs down are serious poor people. That is the simple truth.

  • @marycahill546
    @marycahill546 6 лет назад +71

    Your advice is reasonable, but you need FACTS about how poor people spend their money. I am a retired person on a tight income. I very rarely eat out. I never buy lottery tickets or gamble. I invested my RRSP money into dividend giving Canadian bank stocks -- safe, not get rich quick. My annual vacation is pretty cheap because I stay with my brother in Florida and he pays my air fare. I buy used clothing at Value Village when needed, shoes and underwear new on sale. My entertainment is RUclips videos, church events, books, gardening, having friends over for lunch. I use gift certificates given to me to buy Xmas and birthday presents for my family. I do splurge on supporting my foster child in Ethiopia and supporting my church.

  • @static_Tricolor_camry
    @static_Tricolor_camry 6 лет назад +4

    This guy spoke the truth this is the best and most smartest advice I've heard I spend my money on mods for my car cause I got a passion for cars I love more power and racing with other people on the streets I like to make my cars stand out from the crowd but let's be honest investing money in mods into a car you don't plan to keep for a very long time could be a waste of money but I do believe I will eventually keep 2 of my cars for a very long time right now I'm currently saving money for school to get my CDL License it's $8,345 I wanna have it by next year

    • @moonxshakti
      @moonxshakti 6 лет назад +1

      Gravecb7 Accord some companies will pay for your cdl if you work w them a set amount of time. Then u can switch to ur co of choice

  • @EniolaIjaduolagoodnews
    @EniolaIjaduolagoodnews 6 лет назад +1

    Thank you! May God Almighty bless and increase you continually on every side of your life.

  • @tonnytumwesigye1432
    @tonnytumwesigye1432 5 лет назад

    Wow...Great Lessons Here! Thank you Ally

  • @khateejabibi6098
    @khateejabibi6098 6 лет назад +7

    Your vidoes are helpfull and educational, thanks

    • @helenboula7488
      @helenboula7488 6 лет назад

      bs,poor is poor. rich oh s rich. midfle class people are so poor because of all of the credit card debt.. we need to live with what we have and be happy,because what ever the story may be. you cant take a damn thing with you when you die.

  • @ledzarulje
    @ledzarulje 6 лет назад +6

    All of this is true and I agree on all of this and do try living like that, but every coin has two sides. The goal should not be just to live by these rules, but find a balance between these 2 statements -> do you live to earn the money or do you earn the money to live?

    • @bobjacobson858
      @bobjacobson858 5 лет назад

      Some people particularly like earning a lot of money (or gaining it from their investments). It's like playing a game in which winning has tangible benefits!

  • @anup87vlogs43
    @anup87vlogs43 6 лет назад +1

    hello sir.. I have been your subscriber for couple of days and getting so much help from such a mentor though virtually..

  • @masaga1us
    @masaga1us 6 лет назад +1

    This is very true. Thank you so much for these important points.

  • @christinemusana1342
    @christinemusana1342 5 лет назад +4

    This year I am focused

    • @danielallyway
      @danielallyway  5 лет назад +2

      You better be!

    • @khairunishakhetikheti3273
      @khairunishakhetikheti3273 5 лет назад

      @@danielallyway yes hu hello karis paisa thi velour nthi men dwnloda tene up lavish paid jivideo chhi that suthi pachhi tene chhidav pade chhu hu aeki women chhu ke paisa thi bhu aakes it nhi jrur portable ok ne khrab divas may dh bratislava nthi te bthu god den 6 aapni music lovers hlo thya to aaj would also make biji help thse ok

  • @sureshprabakaran
    @sureshprabakaran 5 лет назад +9

    excess spending for wife unable to say no to
    1. dress
    2. outing
    3 luxuary

  • @edd3055
    @edd3055 5 лет назад +1

    1.💪✊👊🤛fisting ha ha ha ha dammm lol, I know you said feasting my brotha, just that sounds like a hilarious financial metaphor 🤣🤣🤣 love your video man

  • @luthermcgee7297
    @luthermcgee7297 3 года назад

    Great video. The good thing about it is that it verified what I already knew. At least, theoretically.

  • @JamesCarter-ii4up
    @JamesCarter-ii4up 5 лет назад +4

    Soon Brothers and Sisters.. We all going to have More money to keep...But Always remember Folk's... We Don't need Money As long as we Have God and Brothers and Sisters We shall make it all as one.. one for all... God leading the way... Your never alone Brothers and Sisters.. you have God Almighty,,,, Jesus Christ...... And I..... Love is priceless... And glorious.... My boat always have Room..... Love you for ever... 🤗🤗🤗🤗🤗

  • @patrickntupi1709
    @patrickntupi1709 6 лет назад +3

    Very educative, thanks!

  • @alexg3348
    @alexg3348 4 года назад

    Some great points! well done

  • @irmavela10
    @irmavela10 4 года назад +2

    Believe every word of it. Actually, you just made me aware of reasons I am a happy introvert. 💪

  • @mysterybuyer3738
    @mysterybuyer3738 6 лет назад +6

    Taking a vacation never feels like a vacation. You have to travel a long way then constantly worry about how long it's going to take to get back.
    No thanks.

  • @drifttiltheend9316
    @drifttiltheend9316 6 лет назад +48

    I subscribed. True facts but more greatly is your personality and genuine honesty in trying to help us avoid these pitfalls.

  • @williampohlig6626
    @williampohlig6626 2 года назад

    Thank you for your help and advice

  • @AutumnBRreeze
    @AutumnBRreeze 6 лет назад

    Happy I clicked this video, so informative, very helpful, thank you.

  • @christinaoxo
    @christinaoxo 5 лет назад +3

    I think the point he's trying to express is more of the Poor *Mindset* typical insensible decisions people make with their money that will keep them broke and tear them down in their future. A lot of people on here claiming to be poor and nothing like this. If you are the opposite, being very sensible with your money, you may see yourself as "poor" but you do have a rich mindset. This video does not apply to you. I like this video.

  • @apraew20
    @apraew20 5 лет назад +3

    Real rich people are humble.

  • @TruthSeekersTarot1
    @TruthSeekersTarot1 6 лет назад +1

    Freaking awesome! Thank you so much for this video. I'm guilty of at least 4 of these things and I'm so broke. Great lesson.

  • @williamredfern5504
    @williamredfern5504 4 года назад

    He is 100% how I think, one other thing is Never try to help or feel sorry for a loser or some one who has always got problems,