M. Music there’s multiple ways to ‘save’ your money. You can put it straight into a bank account yes, which I only recommend for an emergency fund. Then you save your real money in different ways and diversify your portfolio whether you save into 401(k), Roth’s (for long term) or put your money into index funds, mutual accounts, or even whole life life insurance policies. All of these methods of saving money will pay back money based on the investment - excluding your savings account which is why it’s for emergencies (typically atleast 3 months of living expenses). Some are tied to the market and some are not. Some offer quick liquidation and others offer tax befits for retirement so you don’t outlive your money etc...
Matthew, I can't stand the guy as a Grizz fan, but I would love to have him on my team. I have always respected the way he leads his team. He's what you call a true point guard. I also have always respected that he's not one to get into trouble and is a perfect example of a professional. And if I was a younger guy in the league, CP is most certainly a guy I would seek out in how to obtain longevity in the league.
Why should he? This is not about him, it's about his kids and his kids kids. It's called generational wealth, something minorities don't often get an opportunity to do.
I’ll never forget when Chris Paul parked his Monte Carlo in the driveway next to mine in middle school. He was visiting the Hornets coach, Byron Scott. Byron didn’t pick a luxurious neighborhood, and moved in next to my family. He didn’t even join a fancy golf club either. He actually engaged with members of our boring community, and would chat with regular joes at the driving range. We’d even throw the football around in front of our houses, and I’ll never forget how many times he kept asking me to, “no, keep running” then sure enough it would reach me (and nearly knock little me over) with how much power he was still able to put into it at like 55 years old. Incredible, humble guy. As is Chris Paul. Mad respect for Chris and a good amount of the players who’ve played for the Thunder too.
Paul is the engineer of by far the best team chemistry the OKC Thunder have ever experienced. He allows Billy Donovan to coach, and the entire team has bought in. It won't last for ever, yet it is fun while it lasts. They get along with each other, are having fun and playing as a real team. This is a once in a lifetime season for the Thunder.
Syed Hasan Ali Mahdi bru you realize the average return of the stock market is 8% a year. you could take out 4% of that gain a year and still not touch the principle ever and your money will still be outpacing inflation and growing 2% a year after inflation. You know why 4% of 2 million is that’s 80,000. Your saying you can’t live on 80,000 a year? 😂
@@dancer1 Well if we invest then this is an entirely different argument,but if you want to survive on solely on 2 million without any other source of income for the rest of your life and live a luxurious life in first world countries then that isn't gonna happen.
Allan Art although he kind of bought everything thing he want in which he “ experienced “ buying everything he thought he wanted . That’s why he said “ now he realizes “ post materialistic purchases
@@azbeats4067 until it wears off..then it becomes a just another thing in daily life. Money cant buy happiness but it does buy pleasure..short lived pleasure.
p b are you they’re Financial advisor because they making 100+ million with endorsements and all 4 together easily over billion and there is thing call having a share on a team they can own percentage like MJ use to do with the Wizards
kntwing.23 so ur not great if u don’t win a ring? So I guess Dominique Wilkins, dikembe, Barkley, Malone, Stockton, Webber, tmac, grant hill, Dwight, melo, Gervin, English, king, Dantley, moncrief, Carter, and a slew of other hofers aren’t great then.
I believe that this kind of series NEEDS to be a thing. Aspiring athletes need to know about handling money (cause top talents LITERALLY go from zero to a really really fat paycheck) before they make some overly costly mistakes.
Yes and learning new skills. Better to take the time and take a course than spending the money to hire someone to do it for you. I love learning and know how to do things myself!
Why do you need to pay cash for the house and why do you need to buy another car? Other than taxes the house and car (along with those amounts) are highly subjective.
Blackbean Burger hes been my favorite player since he was drafted I remember watching him play on the clippers and throw lobs to Blake griffin and deandre jordan
he gets called an asshole but he just gives his honest opinion and calles shit out when nobody else does, and he's a smart dude, hope he owns a team or turns to coaching some day
@@KhariShootYourShot92 kids of fatherless homes are at the bottom of every prosperity metric; wealth, income, higher education, mental health, crime, incarceration etc.... It's a big deal to have a good dad
@@stsk7 I understand that. But when People see these things being glorified for African Americans It puts people in this mindset "Of WOW, there father is actually in their life"!!! Wowww
as an okc fan, i really hope he finishes off his career with okc. there’s no reason for presti to trade him, he’s already the perfect point guard for the team. presti should build around cp and sga. surround chris paul with shooters, defenders, and a solid bench and no doubt they’ll be contending for a championship again. presti also has a boatload of draft picks, so he should pull some under the radar trades like he always does. i’m really grateful for chris paul, i feel like he’s rejuvenated since getting traded from that hellhole in houston with harden. oh and no doubt he’d be a great coach one day.
I really hope Chris becomes a nba coach when he retires
I think he really will when he retires. He would make a great coach.
Justin Justin yo stfu
@@justinjustin4513 wtf is wrong with you?
@@justinjustin4513 WTF you talking about you fucking idiot. Loser!!!!!!!!!
Brylon Williams come shut my mouth for me you pussy cat
I work as a financial representative and my favorite financial quote is by far “save your money, and one day your money will save you”
Kevin gates said this a few episodes ago too 🙌🏾🙌🏾
So there is no need to worry about inflation (melt of my savings) and the minus interest for bank savings, and so on?
M. Music there’s multiple ways to ‘save’ your money. You can put it straight into a bank account yes, which I only recommend for an emergency fund. Then you save your real money in different ways and diversify your portfolio whether you save into 401(k), Roth’s (for long term) or put your money into index funds, mutual accounts, or even whole life life insurance policies. All of these methods of saving money will pay back money based on the investment - excluding your savings account which is why it’s for emergencies (typically atleast 3 months of living expenses). Some are tied to the market and some are not. Some offer quick liquidation and others offer tax befits for retirement so you don’t outlive your money etc...
And now with Corona Virus you guys still feel the same way?
@@strussdo what do you mean exactly, friend?
One of the most eloquent NBA players. I swear, some people just can't even form a proper sentence.
Z M he’s very well spoken. No surprise he’s the president of players association
*For a black guy. Just say it you stereotyping prick
richkid ice what’s wrong with you?
Eiferer / please dont tell me you think this comment would have been made if it was a white nba player on here.
richkid ice white American nba players don’t matter lmao
Do Kawhi. Kawhi the kind of guy that would be in Wal-Mart getting some thing for $7.50 leave and go to Target cause they have it for $7.48
kobebryant24861 Ikr 😂 He still got a car from the 70s! It’s not like a side car, like Chris Paul, that car is the only one he drives!
Lmaooo
He's spending money like crazy as all NBA all-stars...
kobebryant24861 lmao 😂
Kort Latimore lol damn sure would
Such an honor to have this man representing OKC, real legend of the game, enjoy this man while he’s still balling, he won’t be here forever.
That's so true. I love how Okc plays. That team for real. Coming from suffering Sacramento fan
Matthew, I can't stand the guy as a Grizz fan, but I would love to have him on my team. I have always respected the way he leads his team. He's what you call a true point guard. I also have always respected that he's not one to get into trouble and is a perfect example of a professional. And if I was a younger guy in the league, CP is most certainly a guy I would seek out in how to obtain longevity in the league.
With the money he is getting paid he should be licking the bathrooms of okc stadium all day
well said, he is such a student of the game and one of the smartest players in league history
Matthew Dewey enjoy him playing next year for y’all making 44 mil at 35-36
My dawg said he ain’t giving up that 44 million 😂
TheGreenBlueprint his wife giving up that room in her belly to fit more people nut busts in her stomach rather then food
bruh how you going to opt out of 44 million. you gotta be dumb
Orenthal James straight up bruh. He better get EVERY last dime he can make
He's gotta get his kids more experiences, man.
Why should he? This is not about him, it's about his kids and his kids kids. It's called generational wealth, something minorities don't often get an opportunity to do.
I’ll never forget when Chris Paul parked his Monte Carlo in the driveway next to mine in middle school. He was visiting the Hornets coach, Byron Scott.
Byron didn’t pick a luxurious neighborhood, and moved in next to my family. He didn’t even join a fancy golf club either. He actually engaged with members of our boring community, and would chat with regular joes at the driving range. We’d even throw the football around in front of our houses, and I’ll never forget how many times he kept asking me to, “no, keep running” then sure enough it would reach me (and nearly knock little me over) with how much power he was still able to put into it at like 55 years old.
Incredible, humble guy. As is Chris Paul. Mad respect for Chris and a good amount of the players who’ve played for the Thunder too.
I hope chris joins ESPN or something after he retires. He definitely has the personality for it. Damn I'm gonna miss him when he retires
Lad Laddington I think he could as well. I also think he can work his way up the coaching tree as well
He’ll definitely have options money aside forsure
Chris Paul and Blake Griffin with Shaq and Chuck
Lad Laddington naw, EVERYONE’S leaving ESPN
Pops cutting his grass at 6 o’clock in the morning 😂
He was lowkey checking if they had girls there lol
Loco323 Fool he’s definitely one them neighbors cutting grass weekend mornings
Damn right, That's a good pop for you. That man prolly been up since 4 am with nothing to do. He like "you lucky I waited til 6 am" 😂
@@AB-im6de my dad completely 😅😅 I can smell the clean cut grass right now
Chris Paul would say “vee-hickle”
instead of saying it how
@@simonorwell "vee-ickel"
@@alejandrocanela691 oh
Mans in Oklahoma now, gotta pick up a bit of the local lingo.
😂😂😂😂😂😂
I just realized he talks very well, calm: articulate and not flashy with jewelry
@Mr C my thoughts exactly
Condescending. Micro aggression isn’t cute
Most NBA players are. What are you trying to get at?
Hidden racism
Why wouldn't he be articulate?
I bet his old Honda is still running lol
leinadcruz96 babyyyyyyyy Honda’s are good cars 😅😅😂😂🤣🤣
honda still broken.... vtec leak is a thing...
This guy changed, send him to the bucks and watch them win a championship
Bucks aren't paying 44mil for CP3.
@@ihuomao6735 true and my mans wants his money
don’t give the league any idea’s
Anthony or Miami
@@dopamineee3715 OKC was trying to send him to Miami before the season... Now I bet they're regretting that because he's ballin out for my Thunder!
"Didn't nobody tell you to come cut our grass" 😂
"....lemme stop". Too funny
Yes, my dad always tells me spend money on experiences. Personally I’d do 80% experiences, and 20% physical items
Material items
Derek Montoya I like that. I hope to remember this to pas this to my child
For some people, the physical items are their experiences.
Physical items is the wrong term. I could buy a car and gather experiences by travelling in it.
Nigga u spend 90% on weed
Dude said a Vee-Hicle country as hell lol
Lol. He's from North Carolina!
😂😂
I bet that Honda he was driving in high school is still running to this day 💪🏻
Shut the fuck up
Paul is the engineer of by far the best team chemistry the OKC Thunder have ever experienced. He allows Billy Donovan to coach, and the entire team has bought in. It won't last for ever, yet it is fun while it lasts. They get along with each other, are having fun and playing as a real team. This is a once in a lifetime season for the Thunder.
He only has one of the sweetest contracts in the league so he’s set for life
your set for life with 2 million so yeah safe to say he's set for life lmao
urbexloner You're def not set for life with 2 mil. Its a lot less than people think
Syed Hasan Ali Mahdi bru you realize the average return of the stock market is 8% a year. you could take out 4% of that gain a year and still not touch the principle ever and your money will still be outpacing inflation and growing 2% a year after inflation. You know why 4% of 2 million is that’s 80,000. Your saying you can’t live on 80,000 a year? 😂
@@dancer1 Well if we invest then this is an entirely different argument,but if you want to survive on solely on 2 million without any other source of income for the rest of your life and live a luxurious life in first world countries then that isn't gonna happen.
Syed Hasan Ali Mahdi 80k a year is way above average so you are wrong once again
"She was ridin' around n' get'n it." 😆
RIP Kobe. You will be truly missed
He mentioned his wife and family every chance he git stand up guy
Love his advice about spending your money on experiences. Not "things". 1000000% agree.
Allan Art his wife eat nut
Allan Art although he kind of bought everything thing he want in which he “ experienced “ buying everything he thought he wanted . That’s why he said “ now he realizes “ post materialistic purchases
Things can be an experience though lol. A nice car can be daily experience
@@azbeats4067 True! Lol
@@azbeats4067 until it wears off..then it becomes a just another thing in daily life. Money cant buy happiness but it does buy pleasure..short lived pleasure.
I went to the same high school as Chris Paul and the walk from the baseball fields to the school buildings is far as hell
Chris: "I got an escalade, maybach, range rover...
Me: I got a Razor scooter...
I been calling it spinners since middle school
Latrell Sprewell made them popular. The 2000s were a different time lol
Spend your money on experiences!!!
“Let’s start with my worst money”
“This jacket”
Jay Mack jacket clean
@@Hebrewrichard Jay Mack aint a Mack. Got ZERO style lol
Liu Kang Kixx word to my mom nigga 😂😂😭😭😂😂
His jacket clean asf
That’s a nice jacket.
The banana boat needs split a bag and buy a team together!!!
LeBron will have his own nba team one day. Idk about the rest. Maybe overseas teams
They can’t afford it
p b are you they’re Financial advisor because they making 100+ million with endorsements and all 4 together easily over billion and there is thing call having a share on a team they can own percentage like MJ use to do with the Wizards
@@pb-gf9rc your mom can't afford it!
LeBron already owns the Lakers...
I actually did not think Chris Paul was this cool! You gained my respect bro! You are worth every point of success.
This is exactly why he's one of my favorite players - on and off the court he's someone to respect
You know he loved that caddy he said ooowee before telling the story.lol.
Sophisticated Swanson that’s the caddy his wife would eat bare nut in
Justin Justin 🤢🤢🤮
more like after u stunt, the next progression is to relish experiences. Cuz theres no way I'll be bypassing stunting. Ima have to learn the hard way
mjaay 😂😂😂
At least you're keepin it real 😂😂
Lmfao I respect the honesty
100% lol
mjaay exactly. Especially if you never had shit growing up..
This wasn’t a bad shot at all Chris Paul . Respect ✊
The Point God!
if chris paul that great he should have at least 1 ring?
@@kntwing23 L
His wife is the Nut God!!! She was a killer nut buster and even better Nut Swallowing Princess back in the day
Justin Justin what do you mean?
kntwing.23 so ur not great if u don’t win a ring? So I guess Dominique Wilkins, dikembe, Barkley, Malone, Stockton, Webber, tmac, grant hill, Dwight, melo, Gervin, English, king, Dantley, moncrief, Carter, and a slew of other hofers aren’t great then.
“Vee-Hickle”
iNeverSell “i ran a coat hanger... through the vee-hickle”
“Didn’t nobody tell you to come cut our grass” 🤣
best money: condoms
worst money: presents for my ex
I see CP3 i click 🤷🏾♂️
How could you hate this guy. Awesome personality
Good thing he realized how important it is to think about the future while still living life
Gotta give Desus & Mero credit for always asking their guests “what’s the first ‘I’m gettin dumb money’ purchase you ever made?” on a regular basis ✊😂
Definitely agree with spending money on experiences!
0:50 Ironically something invaluable is priceless which is also ironic.
2:42 Delonte west is a perfect example
Calmest basketball player on the court I've ever watched, especially 4th quarter clutch moments.
Finally someone who understands diamonds are pointless and worthless
3:44 lmfao thats sum my dad would do, 1 less hire lmao
😂😂😂 mama was riding around with the sprewells 💀 they tried to catch her ridin dirrrrrrty 😭
He’s so handsome
The best pure point guard in the nba period.
Fact
Nah. Dame dolla
Chris Paul casually mentioning that his mom was profiled by the police lmao
Instantly became likeable again after leaving Houston
He’s one of the few athletes that’s been good on every team he’s been with
I know his neighbors were pissed his dad was cutting grass that early
Whats the song in the beginning??
I believe that this kind of series NEEDS to be a thing. Aspiring athletes need to know about handling money (cause top talents LITERALLY go from zero to a really really fat paycheck) before they make some overly costly mistakes.
"Spend money on experiences" Best advice ever!
I hope to see CP3 win a championship before he retires. #7 all time in assists at 9,469.
His momma with the spinning wheels tho 😂😂😂
I actually have a lot of respect for CP3
The best point guard 🔥🔥of all time
a Sick joke
Justin Justin that was unnecessary and rude
best pg with no ring LOL
@@justinjustin4513 who hurt u man
Zero rings zero final appearance
This is so real... spend your money on experiences!
Yes and learning new skills. Better to take the time and take a course than spending the money to hire someone to do it for you. I love learning and know how to do things myself!
I have my respects for CP. I’m not a fan of him on court, but I do respect his mentality off court. Props to him.
"My favorite point guard, Chris Paul!"
LMAO at the Honda with a broken door story.
Experiences, damn that just hit me hard. I need to start doing that....
If I ever get a million dollars, ima be good.
Why do you need to pay cash for the house and why do you need to buy another car? Other than taxes the house and car (along with those amounts) are highly subjective.
@Ken C in your coutry yeah yo suck
Me an bout four of my closest
he has one of the better personalities as far as pro sports players... pure pro and personable. he can do so many things once hes retired
Blackbean Burger hes been my favorite player since he was drafted I remember watching him play on the clippers and throw lobs to Blake griffin and deandre jordan
he is very well spoken and well balanced , ( im not a basketball head ) but sure is impressed by this man
Love Chris Paul's values and vision, very helpful for our future.
he gets called an asshole but he just gives his honest opinion and calles shit out when nobody else does, and he's a smart dude, hope he owns a team or turns to coaching some day
This is a terrific series
Malaysia's Suria KLCC 🤣🤣,love from Malaysia.
4:12 the best advice!
Underrated af!
No wonder he's so well rounded his dad stayed in his life!
It’s cool, but Dang it’s not that huge of a deal though we gotta quit acting like it’s such an outlier
@@KhariShootYourShot92 kids of fatherless homes are at the bottom of every prosperity metric; wealth, income, higher education, mental health, crime, incarceration etc.... It's a big deal to have a good dad
@@stsk7 I understand that. But when People see these things being glorified for African Americans It puts people in this mindset "Of WOW, there father is actually in their life"!!! Wowww
Yup. Single black mothers are the downfall of most black men.
@@KhariShootYourShot92 stfu
Real talk
when you dream about a million you like eeeeyy everyone will be good , when you got the million you like eeeeyy I am good :D
NBA legend and a true gentleman! His performance vs the Rockets was fire 🔥
This man went to the high school that rivals my high school lol
as an okc fan, i really hope he finishes off his career with okc. there’s no reason for presti to trade him, he’s already the perfect point guard for the team. presti should build around cp and sga. surround chris paul with shooters, defenders, and a solid bench and no doubt they’ll be contending for a championship again. presti also has a boatload of draft picks, so he should pull some under the radar trades like he always does. i’m really grateful for chris paul, i feel like he’s rejuvenated since getting traded from that hellhole in houston with harden. oh and no doubt he’d be a great coach one day.
"Vee-hicle like that" hahah
I always said I can see people like rondo and Chris Paul being a nba coach one day
And fighting at centre court in their suits 😂😂😂
CP3 is one of my fav PG, hope he get at least a ring before he retires
He looks like an rnb singer from mid 2000s
CP3 get a lot of hate but he one of the best PGs ever
CP, Melo, D-Wade & Bron should make there own NBA on TNT type talk show. That would be insane
Nothing but love and respect for CP. And can someone or some miracle help my poor Washington Wizards. Smh.
shanswan waters John wall just can’t seem to catch a break
@@Underscore1000 that whole team needs to be restored. On down to the general manager. Smh.
shanswan waters trust me bro ik how you feel, I’m a bulls fan
@@Underscore1000 thanks lol !!! We'll rebuild one day.
My boy getting ready for that 44 million 😂😂
CP3 will be a GM/team president some day.
He looks so young. those beautiful eyes😍.
Does anyone know what suede jacket he's wearing? I wanna buy it for myself! I love the texture and color!
Looks like brunello cucinelli
Anyone else just got recommended this a week after the video ?
He is actually amazing.
3:35 😂😂😂😂😂😂 Gotta love em'
This man just had a perfect shooting game with 30+ point at 37 years old in the playoffs
CP's truncation is quite easy to understand compared to some NBA players. I would love to watch him talk more.
Philanthropy= My riches have now turned into WEALTH so I have to do other things for tax write-offs.
Yeah okay you probably don't donate lmao