8 Middle Class Habits That Keep You Poor

Подписаться 808 тыс.

Просмотров 472 тыс.

50% 1

Imagine doing everything right and still feeling broke. At 22, that was my reality. In this video i uncover the middle class habits that keep us from wealth and how I transformed my financial future!
TIMESTAMPS
00:00:58 - Middle Class Habit #1
00:03:12 - Middle Class Habit #2
00:05:54 - Middle Class Habit #3
00:09:00 - Middle Class Habit #4
00:11:37 - Middle Class Habit #5
00:13:43 - Middle Class Habit #6
00:15:09 - Middle Class Habit #7
00:16:26 - Middle Class Habit #8
__________
**THINGS MENTIONED IN THIS VIDEO! 👀**
💫 8 Passive Income Ideas • 8 Passive Income Ideas...
💫 Call To Freedom Email Newsletter: rosehan.com/calltofreedom
__________
**BOOKS I RECOMMEND 📚**
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
amzn.to/37N2adc
________
**MY FAVORITE MONEY TOOLS 🖤**
YNAB (I literally can't live without this budgeting app, so obsessed)
www.youneedabudget.com/?ref=Y...
Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
wise.prf.hn/l/413jE0q
High-Yield Savings Accounts (don't settle for 0% when you can get 3%+ on your savings)
www.bankrate.com/landing/rose...
Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
amzn.to/3Ne37jy
__________
DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
__________
@itsrosehan is my social media handle on all platforms. I will NEVER message or email you about investment schemes, so please be careful and block & report any scammers posing as me.
SAY HI ON SOCIAL! 👋🏼
Website: www.rosehan.com
Instagram: / itsrosehan
TikTok: / itsrosehan
Facebook: / itsrosehan

Опубликовано:

14 апр 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 583

@MarlonJayManuel 25 дней назад

Took me halfway thru the vid to realize that this video is a complete spark notes of Rich Dad Poor Dad.

@rodrigogs6319 5 дней назад

I noticed it at minute 1.30.. anyway, it's not bad to refresh it

@endyy6671 29 дней назад

"earning what you are worth" is the hardest one for people I think. It took me way too long to quit a job that simply wasn't interested in promoting me or giving me raises because I didn't want to leave my coworkers. Then I left and doubled my salary to do less work at another company, and every minute of every day I wonder to myself "why didn't I do that sooner?" Great video

@itsrosehan 29 дней назад

WOW thanks for sharing that! people here who find it hard to "earn your worth" will feel inspired hearing this from you!

@jeffyeah4256 28 дней назад

@@itsrosehan in retrospect you like your decisions to move to Mexico City?

@fredmarzillier750 24 дня назад

I've had this very issue in my business which is really holding me back, but I am working on it

@ayk3513 21 день назад

Can't thank you enough for sharing your experience, I'm planning to quit my job next july

@paulweiler8967 21 день назад

What's your job title?

@KevinRichardhamsik 4 дня назад

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

@HendersonMiles-kp8gw 4 дня назад

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

@tylerliam335 4 дня назад

It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky

@AlexisAlexandra-sx6vh 4 дня назад

Yeah I have same issue also, sometimes I feel like the market is being manupulated

@marktillburg8362 4 дня назад

You could enroll in trading academy or get a pro's help

@HamsikDouglas 4 дня назад

Getting a good pro is always the issue

@DLG24 18 дней назад

Once I stopped eating out and streamlining my diet and fasting, I started saving a lot of money.

@rabapatrick8906 13 дней назад

Start photosynthesis bro

@DLG24 13 дней назад

@@rabapatrick8906 Nice😁

@Kinjo7 13 дней назад

How did you streamline your diet?

@williamfarnaby 12 дней назад

that's a good point. what she's saying about houses and leverage and inner circle is so naive that makes me think she's been paid (by the rich)

@Joce123 12 дней назад

I just read The Asian Diet by Jason Bussell...has great merit for a balanced life. It is not a weight loss book. I hope to follow the book when my debts are further reduced.For now I literally live on beans that I soak/both brown and white rice, greens supplements powder, D3 K2 vitamins, self-rising flour to make homemade tortillas....a food shelf 3 times in a year$30 month..After 2 years I added whatever is cheap fruit that season, cucumbers (daily), spinach..$45 mo. I eat about 3 cups of food a day. Instead of a candy bar, I buy a bag of milk chocolate baking chips for $2.20 I have paid off $27,000 in 3 years...Still more to go on my 0% balance transfer

@randy74989 29 дней назад

Here it is: PAY YOURSELF FIRST. That is the most important habit.

@Nakkisampyla 22 дня назад

Pay rent or loan after due date, always

@moderndesign5282 22 дня назад

yeah don’t worry, your bank and landlord a super chill when you default on your monthly payments

@s379Ox 20 дней назад

ALWAYS buy high and sell low!

@goldfish3858 16 дней назад

Pay rent and mandatory expenses first (a few bucks on EMS fund and savings should be mandatory), then pay yourself, you’ll feel better :)

@Hiro_Ieyasu 12 дней назад

Paying yourself is very important but let's not kid ourselves. Bills must always come first. There is no need to pay extra late fee for things like rent, car, utilities because you decided to treat yourself first. It should be Mandatory Expenses > Pay Your Self > Savings

@katiescape 29 дней назад

I am convinced that the taboo around speaking about money was created by the uppers to keep the lowers poor and in the working class. Financial visability is key, ive started talking about money to all my friends and family, some feel uncomfortable but thats ok they dont have to share their income or anything, Its still nice to be transparent about mine.

@itsrosehan 29 дней назад

that's very brave and forward-thinking of you... keep doing that and it will make a difference in your circle for sure!

@denitsamiteva1963 22 дня назад

I was thinking the same way but noticed the envy in people surrounding me. Friends for 15 years started looking at my expenses and salary... keep that in mind.

@deidreamofd 19 дней назад

I think talking about money is like talking about your health. You don't have to share your weight or hdl ldl but you can discuss how you take good care of it in general. How's your diet working or what's not working, listen to others tips etc

@GoldChocobo77 18 дней назад

The reason I don't is because of jealousy. You can only talk about money with people who have exceeded a certain threshold. Otherwise they will just think you're bragging and they won't bring anything to the table in terms of sharing their own strategies because they don't have any.

@Hiro_Ieyasu 12 дней назад

Yeah I always thought it was super weird how people felt uncomfortable discussing their finances. I mean I guess if some people feel ashamed that they earn a low income?

@georgerichards6629 29 дней назад

For some reason we think it's taboo to talk about money and sex. Never ask what's happening in someone's bedroom, but there's nothing wrong with talking about sex in general. The same with money. Never ask "how much", but it's OK to ask someone what percentage of their income they save towards retirement. People freak out when you ask these questions. They say it's private. And that's the reason why they are still poor.

@supreme5998 29 дней назад

Well since everyone is talking about money these days, how about sex? How much sex is normal for a married couple?

@mbank3832 29 дней назад

Sex with the same person for the remainder of your life would be too mundane and boring. A good spouse should let their partner have sex with others, variety is the spice of life

@user-xw4vg1vy5e 28 дней назад

Wow

@hyshence 27 дней назад

💰ex

@Alex-mc5yn 27 дней назад

@@mbank3832 then just don't get married, why expose your spouse to a risk of STDs? Many of those you can get even when using barrier contraception and a handful of them cause cancer (lung, cervix) and infertility.

@falconvelocity 29 дней назад

Expecting to succeed and have everything at 22? High ambitions for a young age! Wish I'd have figured out half these things when I was as young. Well done you!

@bidmcms3 21 день назад

It helps to have rich parents

@plyrni3 20 дней назад

I'm a 25 french engineer with a above average salary and i cant afford a house Our generation doesn't have the choice but to look up and grind to get a decent life and freedom

@GoldChocobo77 18 дней назад

She never said that? She switched behaviors in her 30s

@luizafreitas9019 12 дней назад

It makes my laugth hahahahaha

@luizafreitas9019 12 дней назад

@@plyrni3noo dont be like this... i just got my home at 28, you are too young.

@elizabeths.3634 29 дней назад

1. Being around rich people - Unfortunately, no unless watching RU-vidr’s counts. 👎 2. Credit cards - The only reason I use credit cards is to get cash back rewards. I always pay them off, not every month, more like every week. I have no significant debt. 👍 3. Work hard - Not really, my working hours went down last year while my income went up. 👍 4. Being quiet at work - I am the quite type so yeah, fail on this one.👎 5. Taxes - Yeah, I ended up with a significant tax bill this year.👎 6. Single income stream - I have three, my job, dividends, and bank interest 👍 7. Credit score - yes, I have a fantastic credit score. I track net worth about once a year and yes, it is definitely going in the right direction.👍 8. Spending before you save - Nope, I save 5 percent automatically in a high interest savings account, then 10 percent to investing. At the end of every month, I invest what wasn’t spent. No joke, investing ends up being my top expense category most months. 👍 Great video, thanks.

@itsrosehan 29 дней назад

looks like you're doing amazing! and yes i'd say watching RU-vidrs counts!! although there's nothing like real-life connections too

@donaldlyons17 29 дней назад

@@itsrosehan You did not mention YOU sold stuff (maybe courses sound familiar?) .... And you kept your channel instead of starting over which again allows you to sell us to watch.....

@Nwakaego_ 24 дня назад

Thank you for this list. I came to the comments just for this. And great job relating the list to how your life is in real time.🎉

@elizabeths.3634 24 дня назад

@@itsrosehan Thank you so much for a personal response and glad to know watching RU-vidrs counts. I have learned quite a bit watching you and other financial RU-vidrs.

@elizabeths.3634 24 дня назад

@@Nwakaego_ You're welcome.

@kelvinth30 21 день назад

i had no idea how to make money as i had always worked in operations , we just get orders done. At the age of 43 i don't see money in my bank as every months pay day was also paying debt day . I quit the job at 43 bcoz i was unhappy , went into a small business and at 50 years of age I'm financial free . My investment dividends pay 2 times more then my job as operations manager . Thank you Universe for steering my path

@seekerjordan680 29 дней назад

Rose is the entire reason I was brave enough to learn about financial freedom and implement investment strategies. I came from a very low class family (albeit a loving one!) However, I swore that my kids wouldn't live like that. I started late and they are teenagers now but I am working hard to teach them about savings and investing in their future so they don't have to grow up a prisoner of their paychecks. THANK YOU ROSE, for not gate keeping all the juicy info! ❤

@itsrosehan 29 дней назад

all it takes is one courageous person to create a WHOLE NEW financial reality for the family. you go girl!!!

@LarryDarylDaryl 26 дней назад

I have a wealthy aunt and uncle in Southern Ca who are getting a museum being named after them. How did they become Billionaires? They worked smart. They rented stuff out which exponentially duplicated their time. Company/income grew and diversified their real estate portfolio. They never complained and WORKED AS A TEAM. I am proud of them.

@UrbanCraftTv 15 дней назад

Unpopular opinion; Not everyone shall die rich and wealthy.

@aluisious 3 дня назад

It's logically impossible for everyone to be rich, because then rich wouldn't mean anything.

@alz3712 2 дня назад

@@aluisious it would still why wouldn't it

@nolitimere11 День назад

Not everyone is watching videos like this

@UrbanCraftTv День назад

@@nolitimere11 sure

@TheArgo96 21 день назад

I'm still poor, but I know the reality is more than you provide in this video

@user-jy3io4iz2p 18 дней назад

We're have reached a point in time that more and harder work will negatively affect you. Isn't it just sick that people have to take on two or more jobs to just get by?

@GangstarComputerGod 18 дней назад

She doesn’t attribute so much of her success with being “lucky” enough to network with a super wealthy professor/real estate investor early on. I’ve learned that success isn’t about working hard or even being particularly good at your job. It’s being able to use connections to keep moving up. And that is absolutely not accessible to everyone and kind of sucks.

@user-jy3io4iz2p 18 дней назад

@@GangstarComputerGod Every three or so years one needs a different challenge, not necessarily out of your cz but a step left or right or even up or down. This keeps you learning and you don't become furniture. It also allows for different views and approaches, dynamics. Getting out of your cz (comfort zone) was hip 'n happening for a while but I witnessed good engineers fall into the managers trap. They burnt out or quit their job.

@inclusion9212 18 дней назад

At last check Buffet drives a Cadillac. But I get it.

@Hiro_Ieyasu 12 дней назад

@GangstarComputerGod You don't need connections to be wealthy though. You can easily start a business online or start making money off a skill that you are proficient at. Use social media to build and grow an audience. You can stay home all day and start making thousands so no, success is absolutely not based on connections at all.

@danielstuessi262 29 дней назад

The Millionaire Next Door is one of the best books I’ve read on money management

@BatswanaVenda 22 дня назад

Great Video! "Trading is the hardest way to make easy money! But once you learn the skill you can and will change your life!"

21 день назад

Can I just say THANK YOU! Being a first generation student and the oldest sister in my family, Ive always had the pressure of paving the way for my younger siblings and it hasn't been easy. I've been watching all of your videos and I'm so thankful for all the information you've shared. I feel confident of being the generation in my family to break bad habits and create generational wealth 🤞 Im on my last chapter on Rich Dad Poor Dad book and plan on starting The Intelligent Investor next because I have a 401k that I'm still trying to figure out what to do with. But thanks again for the inspiration! 🙂

@williamcarter1270 29 дней назад

Thank you Rose for your wisdom; it's valued-

@TonyMoze 22 дня назад

I like when Rose talks. It's like she's the sister who keeps you in check. I like when she raises her voice in a "What the hell are you doing!?!?!! Stop that! Change that!" (you've done that in your other videos) Thanks for this video!

@itsrosehan 22 дня назад

😆 that’s what I’m here for

@corvo1324 18 дней назад

There’s no middle class. You are rich or you are poor.

@Lynncarzzofficial 12 дней назад

Disagree. If you really believe in it you will achieve it!

@rebeccal.672 29 дней назад

i was taught to spend, spend, spend until nothing left except a huge steaming pile of debt, then my mom went broke and had to get a second mortgage on our house just to have lower interest on her credit card debt. After I saw her struggles I have always done my best to save as much as I can and NOT max out my credit cards. I actually dont have one anymore. If I will be paying someone 18-30% interest I would much rather be earning that some way. Love the brag file as well. Thanks for this video Rose.

@itsrosehan 29 дней назад

yes, financial habits tend to get passed down in families and it's up to us to break any bad ones! good on you for doing that!

@danielvillarreal6610 29 дней назад

Ha ha, you made me remember what a Korean friend in graduate school told me! “We’re really not smart. We just work like dogs!” 😊

@itsrosehan 29 дней назад

🤣🤣

@primadonna82 29 дней назад

Yes, we work like dogs, AND we're smart too.

@danielvillarreal6610 29 дней назад

@@primadonna82 I think so, too, but my Korean friend seems to be in the “works like dogs 🐕’ camp. Now ask me what the Chinese visiting scholar told me on a Saturday night at the computer 💻 lab!

@primadonna82 29 дней назад

@@danielvillarreal6610 scared to ask. What did he/she say?

@danielvillarreal6610 29 дней назад

@@primadonna82 “You work VERY hard for an American!” She pointed out that I was the only non-Asian in our library’s computer lab that evening. Now ask me about the Korean graduate student at the library’s coffee shop!

@CharleneCong 21 день назад

The day before I left Hong Kong for Switzerland, I got a call from a friend of mine. She's a senior managing director at a bank and she told me she’d been fired and couldn’t make it to my farewell party. That moment really opened my eyes. No matter how high you climb on the corporate ladder or how loyal you are to your company, you’re still just a cog in the machine. It drove home the point that if you stick with a middle-class mentality and don't prepare ahead, you could find yourself in a tough spot real fast. Made a similar video on this topic. Welcome to check out❤❤

@MarMarSnatched 16 дней назад

this

@gwai-lo 15 дней назад

嘩！野生捕獲香港人 sls ：）我而家去睇你條片；）

@CharleneCong 15 дней назад

@@gwai-lo❤❤❤多謝sai

@warevonwolf 29 дней назад

You always motivate me to do better with my finances.

@NWforager 29 дней назад

"Brag File" is a great idea . Keeps one seeking projects to solve problems and the documentation is good on a resume 🧠

@acrobaticanna 22 дня назад

This is encouraging that I am in the top 90%. In my 40s with no debt..Dave Ransay was helpful too. Thanks Rose!!!!

@RodrigoCruz-sj6il 18 дней назад

Blcktken300 gang in the house! Thanks for the analysis!

@joeriveracomedy 29 дней назад

I saw your vids on index funds a few years back. Thanks for the inspiration.

@Nonduality 29 дней назад

If you can layer all that and be happy, that's the ideal. I go for happiness and combine it with minimalism, saving and investing in agreeable ways that create several income streams. But happiness is the key and building on that in the way that's right for each person.

@Aengel9 27 дней назад

As a middle-class citizen who is trying to have stable finances, I’ve always been an advocate of investing in the stock market because it has paid off handsomely since I got into it.

@e.t1031 26 дней назад

Bitcoin

@Julia-en1ok 25 дней назад

@@e.t1031- clearly you aren't into finances

@JB-mb6lm 25 дней назад

@Julia-en1ok why are people so ignorant. Bitcoin is the best performing asset literally very year except abt 3 since 2010. But people still don't understand it. Sad

@Aengel9 25 дней назад

@Andale856 I know that learning the ins and outs of the stock market isn't for everyone, that's why personally, Jonas Herman oversees my investments.

@Otieno358 24 дня назад

To be honest, I wish I had come across Herman a lot earlier. I wouldn't have wasted money buying courses without learning anything. Plus those fake gurus out there are ready to steal your money. Herman, you're indeed a godsent.

@MrMtr999 28 дней назад

Just found your channel with this video! If every 22 years old think like you we won’t have the problems we have right now! I can not imagine how far ahead you will be when you are 50 or 60 years old! Too smart a girl 🙏Subscribed

@19Bosses 23 дня назад

They should be teaching this stuff in high school. So many young people come out of college with no clue how to manage money, no matter how much or little they make...

@epbrown01 22 дня назад

Years of health class and PE didn’t stop the rise of obesity. Sexual education hasn’t slowed teen pregnancy or reduced STDs. Science classes galore and we still have anti-vaxxers and people refusing to wear masks during a pandemic. We’ve spent centuries leading the horses to water, only to have them wander off in search of poison Kool-Aid. Teaching financial literacy is not the answer.

@jutman17761 22 дня назад

They don’t teach it in high school for a reason…

@missmaryjanegreen 21 день назад

@@jutman17761because we are too busy teaching the basics as teaching to the test takes up the majority of the year 🙄

@hiroxmedia9856 19 дней назад

Who controls the board of education? The rich…

@missmaryjanegreen 19 дней назад

@@hiroxmedia9856 you mean the voters of the district 🙄

@argentgrove 25 дней назад

There seemed to be a 'loyalty' tax on renting housing, too. If you stayed in one place, they just kept raising the rent steadily every time your lease is up. I usually had to move after two lease renewals to find a better place for less rent. Sometimes only after one renewal.

@user-ei4km7zt9m 18 дней назад

Need more Blcktken300 content. Converted my ETH to BTC but kept my Blcktken300

@Canadian_Psycho 29 дней назад

Awesome content as always. Thank you Rose 🌹

@21vision 15 дней назад

Everything is correct, but it’s not that simple.

@Robylazarus 2 дня назад

Loyalty tax is 200% correct!!! Never stick around in the same place for more than 3 years!!!! Learnt it the hard way. Thanks.

@elmarkjohnmandapat1606 День назад

Hi Rose! I'm glad to stumble on your video. Would love to see partitions in the actual video so I can move around freely on my own time. To fellow viewers, to save time, here is the list :) 1. Not Curating Your Inner Circle 2. Buying More than you can afford 3. Loyalty Tax 4. Not Earning what you are worth 5. Pay all your taxes 6. Relying on One Income Stream 7. Credit Score 8. Spending Before you save

@ernestopina4833 18 дней назад

That's a solid list! I'm also big on Blcktken300 , avalanche, algo, and matic too.

@keithrobinson6888 29 дней назад

"Thank you, Rose. You're the best. Keep up with the motivational speeches. You're damn good."

@dovid-19 24 дня назад

Why did you quote this lol

@captmants2093 29 дней назад

Some of these feel unrealistic to obtain but like you said it's never too late to start. Feeling inspired cause living paycheck to paycheck is chipping at me and my job gave me a laughable "raise" (like .24cents) .....I deserve more! Thanks for the tips.

@fredmarzillier750 24 дня назад

Yeah, I used to feel that way too and found if you just start, no matter how small, it grows faster than you think, especially if you don't look. It makes a HUGE difference.

@ricb4195 29 дней назад

I wish RU-vid and Rose were around when I was younger! Your videos are informational and inspiring, even at my "oldish" age of 57. When I was young, this kind of stuff was never talked about, ever! In fact, my parents one bit of advance was to save your money in a typical savings account. They meant well but they too had no clue. I'm mystified that this sort thing isn't taught in every middle /high school.

@getoffamylan6844 29 дней назад

Financial Literacy SHOULD SHOULD SHOULD be include in High School. How to play Football? Taught! How to understand and best pay off debt? Don't bother!

@amandaroa9223 27 дней назад

Thank you Rose. You have a honest perspective

@randyo6019 26 дней назад

Rose! I wish you were here telling me all this in my 20s. I have man children now aka college kids and I’m telling my 2 sons how to manage their finances since they were bout 8. Thx for all you do!

@svenoliver6040 24 дня назад

“This is how wealth is made”

@svenoliver6040 24 дня назад

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

@svenoliver6040 24 дня назад

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.

@svenoliver6040 6 дней назад

FinanciaI-PIanner Rebecca Mart-Watson (in fuII)

@davidohayon496 25 дней назад

Loved the video, and production. Well explained. Subscribed!

@BehindBars1958 29 дней назад

You always on point❤

@patrickmorton1187 29 дней назад

Thank you, I enjoy hearing about your mindset and your journey. I learned so much from you over the years.

@itsrosehan 29 дней назад

thank you, that means a lot to me!

@patrickmorton1187 29 дней назад

@@itsrosehan you are so welcome.

@jamesyoon6893 24 дня назад

You are a very enthusiastic speaker - always enjoyable. Thanks!

@arnabchatterjee694 11 часов назад

Poor people habits 1. Not curating your Inner circle 2. Buying more than you can actually afford 3. Working hard. Not working smart 4. Not earning what you are worth 5. Pay all your taxes 6. Relying on one stream of income 7. Using credit score as an indicator of wealth instead of networth 8. Spending before you save

@bjarczyk 24 дня назад

This is very thorough and helpful. Thank you. Subscribed.

@Aggie4life77 23 дня назад

You’ve made some very good points in this video! With that said, I like to compare it to losing weight or staying in shape. Most will give it their best shot and maintain it for a short period of time and life gets in the way and quit.

@melinacarline 19 дней назад

so happy I found you this is a blessing 💓

@Closinhtown1 29 дней назад

Great video! I so needed to see this right now.

@cerendemir9977 9 дней назад

I'm only halfway into the video and this is already better than I anticipated. Thank you!

@BananaKechup 21 день назад

Thanks for this. Really motivated me to move away from Big 4 and try to find another firm that takes my wellness seriously.

@rhondapetsch9646 26 дней назад

I needed to hear this! Quantify what you are worth and move jobs.

@signalnest 15 дней назад

This is empowering Rose; Your insights could offer valuable guidance to others striving for financial security and success. Keep sharing your journey.

@MissElaine121 29 дней назад

Great video like always !! 😊

@petertaylor1548 23 дня назад

Paying myself first is a huge game changer.

@caloycampos6318 29 дней назад

Great inspiring talk ❤ Congratulations ❤

@LeanneMelody 23 дня назад

So helpful! Resonate with so much of this on my journey and your videos have been helping me since the pandemic!

@mlwilliams4407 27 дней назад

Another awesome video Rose! #1 is for sure how individual/fearful/careless vs together/fearless/careful your financial journey is. When I became aware of Bitcoin and learned a ton about it, I was pretty sure Bitcoin was going to be adopted as digital gold over time back when it was $3K a coin. Almost everyone around me is/was unhealthy negative skeptical, uninterested, or uneducatedly emotionally only caring about getting rich quick. I unfortunately invested hardly anything into Bitcoin back then and missed out on retiring early to be able to focus full-time on striving to unite society spiritually, psychologically, and financially in my peak human years. Basically, for almost all things in life...the most effective humans are ones that are united...whether for good or evil.

@stargasm1000 3 дня назад

This is an excellent video. Being taught to be modest isn't racist.

@Neozio 19 дней назад

10:06 two things, first and foremost thank you for bringing that point up about self worth. I tell people to drum it into your brain that you're not replaceable

@888strummer 17 дней назад

Lots of good money tips here. 1 reminder for the lady is that houses usually go up in value while autos almost always drop. So they really shouldn't be lumped together. It's much better to overpay on a mortgage than it is a car. The house goes up in value and the car or truck drop in value

@P__114 12 дней назад

Great video. Thank you. Also, I appreciate you sharing your insights from your family life. Sounds like you have a nice family. Thanks.

@Thekristiekim 21 день назад

I am so glad this video popped up on my RU-vid page. I learned a lot! The video was very informative with fresh information

@EcomCarl 27 дней назад

Excellent point about the impact of one's inner circle on financial success! It's also vital to continuously upgrade our financial education to make informed decisions that align with long-term wealth building, rather than just short-term gains. 👍

@tony5enna821 9 дней назад

Encore une fois, J'adore la facon dont vous exposez les choses. Mon anglais est basique, mais j'ai tout compris :D

@hughmash8250 29 дней назад

thank you for this video!

@itsrosehan 29 дней назад

Glad it was helpful!

@johnchan9392 29 дней назад

Great info Rose! I would like to add two sub-tidbits to your list. 1. When most people buy a larger home and/or a fancier car, they forget the phantom costs associated with them. A larger home means more furniture to buy, as no one wants partially empty rooms. Also, higher property taxes, insurances, and utility bills. A fancier car means more insurance cost and costly premium gas. I have friends who proudly drive high-end Benz and BMW cars but struggle to cover the premium gas it’s needs. 🤦‍♂️ 2. Earned income; aka ticker symbol JOB, is the highest taxed because it’s guaranteed. If one shows up for work and do the work, one gets paid. Capital gains are taxed much lower because there is some form of risk(s) involved. An investment not only can go up but also down. With such risk, taxes are reduced. In Canada, capital gains are taxed 50% at one’s income bracket. For example, if I make 100.00 at my JOB @ 30% tax bracket, I take home 70.00 and pay 30.00 in taxes. If I make 100.00 in capital gains in a stock, I am taxed on 50.00 (100.00 x 0.50) @ 30%, I take home 85.00 and pay 15.00 in taxes. Despite the latter has more risk, it is rewarded more, and has more freedom.

@wborowk1 29 дней назад

Great video! Warren drives a Cadillac after Maria Barra found out Warren invested in GM and drove an old Cadillac with hail damage on it.

@IceCold_Carter 29 дней назад

Ask and you shall receive 😊….missed these

@willmallory9085 29 дней назад

EXCELLENT video Sister. 😊

@romegq 21 день назад

Thanks for the video Rose. What's your thoughts on borrowing from a 401k to purchase property? I've seen how Ramsey is uber conservative but K Kohn is ultra aggressive, so I'm just curious about what experts suggest?

@thura_tk 24 дня назад

RU-vid algorithm somehow led me to this. Obviously, it seems to know that I'm a middle class salary man who working my ass off for my family without thinking too much on savings haha. Anyway, this is a great video and some part of my brain started seeing the light after this video. Thanks Rose.

@andreananco7278 26 дней назад

Any recommendations of books for financial literacy?

@simonesharmaa 14 дней назад

so brilliant! we're hardly ever taught such concepts back in school, I'm a uni student and the goal is to get rich and make heavy bucks. How? no one taught ever haha ironically. Thanks for this! biggest take away is definitely to work on passive incomes and have multiple income streams!

@davepianist84 20 дней назад

I think the system broke when corporations learned they could get richer and richer by squeezing out their customers and employees. Back in the 50s a person with a regular job could afford a house, a family of 4 and 3-5 cars in their life span; Nowadays to buy an average new car $45.000 not even $100.000 a year is enough not to break the 10% rule, this has to stop.

@lindal4088 20 дней назад

Thank you for sharing this! Please make more finance related videos! It’s going to help me in parenting teenagers and give them great insights too!🎉

@zo_471 29 дней назад

I'm weird in my circle but I'm also comforrtable with that. I discuss money easily, like its the weather but not many of my friends do. I'm also the only person who won't get a car loan, lives a bit further out and contributes 20% to retirement.

@KTravRuNEr 28 дней назад

This is great !

@zakiroyhan 21 день назад

Thank you so much!

@sheisstrongpodcast 22 дня назад

This is very informative Thankyou

@aluisious 3 дня назад

The inherent problem with these videos is the point is supposed to be "you too can be rich" but it's logically impossible for everyone to be rich. Rich is a relative term.

@siilver1 27 дней назад

I couldn’t have guessed that you were Korean! What I mean by that is You have been a great help to me when it comes to finances and businesses and I’m also a Korean language student! so to find out that you are also a Korean for some reason is EXCITING and COMFORTING 😊❤ All the love and thanks for the video 🫶🏼 . . . . . . ~ 18 April 2024 at 9:30 PM Thursday

@siilver1 27 дней назад

PS: your new hairstyle and color suits your face shape PERFECTLY ✨

@nabimiso 27 дней назад

She looks totally Korean to me lol

@kat9587 21 день назад

Love this video ❤

@chrisanstis 29 дней назад

Do you still trade options, if so how are you doing on them

@reikoleci4689 22 дня назад

Now thats a real valuable video

@LazzarrusLong 20 дней назад

Good info here. Subscribed!

@HeyPupushee 22 дня назад

This is so much value!

@PSDuffy 7 дней назад

Really enjoyed this video. Thanks for sharing 👍

@BrentWigginsWords 12 дней назад

#1 Set yourself up for success. #2 Save more than you spend, spend on what you can afford, and reuse what you can. #3 Use tools, opportunities, and invest to your advantage. #4 Know your value and curate your portfolio. #5 Lower your expenses or their cost. #6 Have multiple income streams. #7 Own less or only what appreciates and owe less. #8 Invest wisely in yourself.

@kopf-arbeit 14 дней назад

Did I miss number 7? Anyhow, great video, thank you very much!

@mickeyroberson9082 24 дня назад

Thank you very much.

@Sonny0276 29 дней назад

Great Video. Thank you for posting. 😄😄

@sarahmanza3523 20 дней назад

Everything you do is what I’m striving to do; camper-van to travel, real estate investing, getting out of middle class habits… I’m an oncoming college student. I graudate highschool in less than a month and I am so scared. Everything about my future scares me. I want to be successful but I also want to be happy. I don’t want to work my whole life and then die. I want to live in my youth, not once I’m done working. I’m seriously so scared.

@802asher 17 дней назад

Most cars worth $10k or less have over 100,000 miles on them these days. Before you downgrade to that cheaper used car, remember that you will likely see repair bills in the thousands within a short amount of time. That will equal like an entire year of those $132 car payments in a short amount of time. Getting a good lease on a new car is often the way to go if you can keep miles down. Look for the low down payment leases. Then buy it out at end of lease and upgrade every few years or get a new lease. Don't buy cars that depreciate quickly. I find that values on reliable cars with low mileage (like Toyotas, Hondas) are often hugely inflated, so it is a better idea to just buy it new.