New video by Evan Carmichael on YouTube
Why Saving Money Doesn’t Work Anymore - Robert Kiyosaki (SAVERS are LOSERS!)
🚀Grow your YouTube channel with BrandLytics at: https://brandlytics.ai ✎ Get free access to our vault of PDF summaries for every YouTube video here: https://ift.tt/XhqMmUd ✎ Check out my NEWEST video: https://goo.gl/E0eE6m ✎ The traditional advice to save your money is completely broken because the dollar is losing its value every single day. Robert Kiyosaki learned this early on when he saw the government take the United States off the gold standard in 1971. When the government prints more cash to pay its bills, the money sitting in your bank account becomes worth less, essentially turning into paper that has no real value. To protect your future, you must shift your mindset from being a saver to being an investor who buys real assets. Instead of hoarding cash, you should look into things like real estate, gold, silver, and even digital assets like Bitcoin and Ethereum that hold their value over time. ✎ To build true wealth, you need to focus on creating consistent cash flow and using good debt to your advantage. Most people only hope the price of a stock goes up, but the wealthy invest in things that pay them every single month, like rental properties or dividend stocks. You also have to understand that not all debt is bad; while buying a fancy car or a TV keeps you poor, using a loan to buy an apartment building allows your tenants to pay off your mortgage for you. This shift in thinking allows you to stop operating from a place of fear and start building an abundance mindset. You don't need millions of dollars to start, but you do need to stop letting your cash sit still and start putting it to work like a tool. ✎ The modern economy is changing fast, and you can achieve financial freedom by mastering new skills like AI orchestration or by running a "boring" business better than your competition. Elon Musk showed that you don't need a traditional college degree to succeed if you are willing to learn quickly and solve real problems. Companies are currently in an operational crisis and are desperate for people who can use AI tools to automate their repetitive tasks and save them time. Whether you choose to help businesses with technology or decide to start a proven business like waste management or self-storage, the key is to take immediate and imperfect action. Success loves speed, so stop overthinking and start building a system today that will multiply your time and your money for years to come. ✎ To get more details on all the research and studies mentioned in this video check out the articles below: https://ift.tt/SKNtuJE https://ift.tt/Fbhn6ZH https://ift.tt/NqvHZJV... https://ift.tt/VSLNZUG... https://ift.tt/roV9v7C... https://ift.tt/P5F2cWO https://ift.tt/j0iseE6 ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • Warren Buffett: 3 Things Rich People Do Every Day. - https://youtu.be/e1kazX8K-5g • ALL OF WEALTH BUILDING Explained in 42 Minutes (No BS, No Fluff) - https://youtu.be/nWaWlAcVZU0 • The Truck Driver Who Sold 1 Billion Records (The Secret Life of Elvis Presley) - https://youtu.be/jgIUpBBznnw ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • Skool: https://ift.tt/WR2bL6T • Instagram: https://ift.tt/ZR7rMLs • TikTok: https://ift.tt/FlPMYVD • X.com: https://ift.tt/OTMRe5w • Linkedin: https://ift.tt/9eoduwJ • Facebook: https://ift.tt/GDOgu2K • Website: https://ift.tt/rfC421D ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe
View on YouTube
🚀Grow your YouTube channel with BrandLytics at: https://brandlytics.ai ✎ Get free access to our vault of PDF summaries for every YouTube video here: https://ift.tt/XhqMmUd ✎ Check out my NEWEST video: https://goo.gl/E0eE6m ✎ The traditional advice to save your money is completely broken because the dollar is losing its value every single day. Robert Kiyosaki learned this early on when he saw the government take the United States off the gold standard in 1971. When the government prints more cash to pay its bills, the money sitting in your bank account becomes worth less, essentially turning into paper that has no real value. To protect your future, you must shift your mindset from being a saver to being an investor who buys real assets. Instead of hoarding cash, you should look into things like real estate, gold, silver, and even digital assets like Bitcoin and Ethereum that hold their value over time. ✎ To build true wealth, you need to focus on creating consistent cash flow and using good debt to your advantage. Most people only hope the price of a stock goes up, but the wealthy invest in things that pay them every single month, like rental properties or dividend stocks. You also have to understand that not all debt is bad; while buying a fancy car or a TV keeps you poor, using a loan to buy an apartment building allows your tenants to pay off your mortgage for you. This shift in thinking allows you to stop operating from a place of fear and start building an abundance mindset. You don't need millions of dollars to start, but you do need to stop letting your cash sit still and start putting it to work like a tool. ✎ The modern economy is changing fast, and you can achieve financial freedom by mastering new skills like AI orchestration or by running a "boring" business better than your competition. Elon Musk showed that you don't need a traditional college degree to succeed if you are willing to learn quickly and solve real problems. Companies are currently in an operational crisis and are desperate for people who can use AI tools to automate their repetitive tasks and save them time. Whether you choose to help businesses with technology or decide to start a proven business like waste management or self-storage, the key is to take immediate and imperfect action. Success loves speed, so stop overthinking and start building a system today that will multiply your time and your money for years to come. ✎ To get more details on all the research and studies mentioned in this video check out the articles below: https://ift.tt/SKNtuJE https://ift.tt/Fbhn6ZH https://ift.tt/NqvHZJV... https://ift.tt/VSLNZUG... https://ift.tt/roV9v7C... https://ift.tt/P5F2cWO https://ift.tt/j0iseE6 ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • Warren Buffett: 3 Things Rich People Do Every Day. - https://youtu.be/e1kazX8K-5g • ALL OF WEALTH BUILDING Explained in 42 Minutes (No BS, No Fluff) - https://youtu.be/nWaWlAcVZU0 • The Truck Driver Who Sold 1 Billion Records (The Secret Life of Elvis Presley) - https://youtu.be/jgIUpBBznnw ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • Skool: https://ift.tt/WR2bL6T • Instagram: https://ift.tt/ZR7rMLs • TikTok: https://ift.tt/FlPMYVD • X.com: https://ift.tt/OTMRe5w • Linkedin: https://ift.tt/9eoduwJ • Facebook: https://ift.tt/GDOgu2K • Website: https://ift.tt/rfC421D ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe
View on YouTube
Comments
Post a Comment