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When I grew up, everyone said to me that
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to generate wealth, get a job, get
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money, then get a mortgage.
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That's one of the worst pieces of advice
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you can give somebody and your future
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self is going to be poorer because of
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it.
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But that's what everyone's doing
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because we're not taught this stuff.
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So, what do you think the biggest money
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mistake the average person makes is?
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Being a saver.
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So, just having your money sat in a bank
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account.
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Yeah, it's a guaranteed loss. You're
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becoming poorer every single day.
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But there are plenty of ways to retire
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early and be financially independent.
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And that's including secret hack that
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makes people fortunate. So, let's talk
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about making more money.
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So, I want to talk about pensions,
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credit cards, renting, bad money habits,
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debt, passive income, spending money to
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look rich. But first, what is it that
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rich people know that the average person
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doesn't know?
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Rich people are more disciplined and
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they're doing the little things that
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compound into huge results like
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investing. But, for example, the average
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American spends more money on Netflix
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than they do on their investments. And
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if I invest $1,000 a month for 30 years
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in something like the S&P 500, I will
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have about $1.9 million. or there's no
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asset in all human history that's ever
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generated as much wealth in a short
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period of time than Bitcoin.
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There's one problem. Bitcoin is high
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risk. And if any of those risks happen,
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let me let me finish. Do you want to
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have hope that you have the Bitcoin or
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would you rather have more security?
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You can reduce risk.
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It's our job to educate them.
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So if someone was $1,000, what would you
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suggest they did?
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I have a different take on this. If
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you're trying to make more money, I
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would.
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And what about bad money habits? Because
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when you look at the stats, money is the
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number one source of stress for
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Americans topping work, family, and
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health.
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There's a three-step framework, so I
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want to get into that.
