After I Read 103 Books on Money - Here's What Will Make You Rich 

Yo friends! Thank you so much for checking out the video. Hope you got a ton of value from it. Before you boogie on out of here, can I ask you a question? What're you struggling with these days? I'm trying to figure out the next batch of videos and would love your feedback! Let me know in the comments. Oh, and also! If you want to go even deeper on productivity, business, and investing, then you should check out my weekly newsletter (The Hyperfocused Entrepreneur). It's totally free and you get access to exclusive content for subscribers only! Hope to see ya on the inside! anthonyvicino.com/newsletter

At the start you say "Money is the root of evil" but the actual quote is "For the love of money is the root of all sorts of evil." . . . It's not the money, but the greed/envy that is the actual issue being described.

This is an excellent video! The best I’ve seen on RU-vid. I can tell you’ve read a lot on money. I want to clear something up though. At 1:00 you said some people say “money is the root of all evil.” I’ve heard this before too. The people who say it are misquoting the Bible at 1 Timothy 6:10. It doesn’t say money is evil. It says the LOVE of money is the root of all evil. This is true. After all, the majority of crimes are financially motivated. The Bible doesn’t warn against making money. It warns about developing an unhealthy relationship with or a love of money to the point where you’ll do anything to get it.

The daily auditing advice is very solid. The only thing I didn't like was the comment about saving being a form of spending. I understand what you mean, but I also think it could confuse some people. I think doubling down on the daily self auditing and making sure that the money being spent is being invested, whether that's in some kind of stocks or in yourself, such as a in a good backpack/cooler that you can pack a meal or two for yourself before you go to work, so you don't eat out. It's important to note that not all investments are about putting your money to work, some are about limiting the money your spending in one place, so that you can do other things with it somewhere else. It is a game, but sometimes the focus needs to be on stacking some cash for a move that needs to be made. It's not about saving to save, it's about saving to invest.

Amazing video. Thank you for the information and the rules you spoke about

Excellent. Totally agree with you said on this vid.

Thanks for the value!

The very best point here is to build a business that generates cash first and foremost. That’s the only true foundation. So many people are drawn into the big casino with get rich quick thinking that assumes far more risk than is acceptable. Understanding the predatory nature of middle men in the market is an absolutely necessary lesson that can never be forgotten.

55k x 22% = 12.1k yes for filing single on federal. However, the true tax is actually more like $7,407 w/o standard deduction (any deduction) and w/standard deduction it's $4,718 which is nearly a third of the initial claimed tax amount. This doesn't include possible state taxes. Regardless, this is a massive difference to an income earner in this category and needs to be clarified for viewers whom are trying to learn more about money. Edit: Overall great video and informative!

Bro is a master of money Btw I'm on the way reading Rich dad poor dad but good info from your video.

When you invest, you're buying a day you don't have to work

That is an impressive feat! Reading books on money is a great way to gain knowledge and improve financial literacy.

Heavenly Father I pray that you keep the person reading this Alive, Safe, Healthy, and financially blessed….Amen 🫶 ❤️

“Saving is just another form of spending.” This blew my mind. With saving out of the picture you’d think investing is the no-brainer priority for everyone to take on as their next step. Unfortunately they tell you not to bother investing until you have x-amount saved up anyway.

Your videos and Alex Hormozi are the reasons I feel like I'm already ahead in life at 22. Thanks for sharing Anthony 👊

I’m a self-made multimillionaire. I can confirm I track every dollar in/out (simple excel sheet). I’ve been doing this for over 20 years. It allows me to maximize how much I invest. Simple yet effective

This is why I really enjoyed reading the psychology of money. It's all about the mindset behind money. We dont always make money decisions based on a spreadsheet. Some are made at dinners tables where loved ones are in mind. Everyone has their own situations and finding the path that would help us win the money game at the end with the fulfillment. I am grateful for your insight 🙏

I've just turned 30 and I'm not where I wanna be as yet. Discipline is what I lack. When i plan my day I don't stay the course. I know what I want and want to achieve but because I'm holding myself back I feel like I'm no where achieving anything at times. Listening to your vids has given me some encouragement and ik in the next 5 to 7 years I'll be wealthy and I will come back to this channel and say thank u

One of the most straightforward, simple and eloquently put money videos I've seen. And I've been watching a lot. Thanks for sharing.

I love when people like you do lot of research, spend time and effort and then share findings with others to add value in their respective lives. This is pure gold effort , keep it up brother.

I watch a LOT of money related content; saving, investing, frugality, mindset, budget, etc….and in 9 years on RU-vid, this is sincerely one of the very BEST videos EVER! You are real, genuine, truthful and non-judge mental while stating facts in a compassionate yet realistic way. BRAVO!!! You’ve got a grateful new subscriber here AND I especially appreciate the gratitude at the end without the pitch (no harm in pitches but sometimes it’s just nice to hear “Thank you” with no strings attached).

I read one book on finance in 1996, Your Money or Your Life by Vicki Robin and Joe Dominguez, it changed my life. Four years later I was debt free, including mortgage, and have been ever since. Maybe I'm just a quick learner. 😂

Obviously money is neither good nor bad, it's just paper, metal or electronic. Yes, it is a game, a rather sick game which is an outgrowth of a sick mind. The sickness is termed greed. The money game is so sick that those who produce the things which generate money can barely afford to buy them unless they save and save and save. Alternatively, they can get it on credit and pay more. Sick. The sanest strategy is to give up this sick game which simply inflicts needless suffering on others. Obviously, this will take many people the world over to reject the nonsense of money, so that the illusion of money as something of value can slip away. There really is no point in being well adapted to a maladapted practise. Money after all is just a huge pyramid scheme scamming everyone, imprisoning everyone.

Thanks for this really succinct video on the matter ; I'm sure that much reading took nearly or just past a whole year. Keep it up, and as someone with ADHD as well, I'd love to get your insights on money management and general organisation, financial or otherwise, sometime in the future :)

Paul’s quote in 1 Timothy 6:6 “But godliness with contentment is great gain. 7 For we brought nothing into the world, and we can take nothing out of it. 8 But if we have food and clothing, we will be content with that. 9 Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. 10 For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”

I really enjoyed the simplicity of it. These rules might seem like fundamentals, but if repeated consistently over a long period of time, they will get you 90% of all results. Thanks Anthony!

Bro I like how you taught the concept of investing by simply not saying " Invest your money ". Some people don't get it straight away because of illusion they live in.

I’ve been hunting for a video that will give me the clarity to my curiosity when it comes to money finance! I would honestly say you’ve done that for me in this video alone. Thank you!

“The LOVE of money is the root of all evil” Great video. Subscribed and like every video of yours I watch. Thanks!

You are highly motivating and sensible. Thank you for helping the hardworking generations.

Anthony- really appreciate your straight-to-the-point, zero bloat videos. Most creators start pushing clickbait and a product that becomes their main focus. Unlike them, really enjoy your authentic style. Keep it up man.

Money is everywhere. It is just about finding a way to get it. And in my life I've also learned that it helps to have a good relationship with lots of people, because they make it easier for you to get what you want.

Always nice to see a new video from you my friend :) Will have this one playing when I do my evening meditation today.

My book library is ENORMOUS. I have 6,700 books. Mostly in storage until my new house is completed. How many of them have I read? About 25%. I'm waiting to sit in my own library for hours per day.

Zig Ziglar always said, "You can get whatever YOU want in life, if you'll just help enough OTHER people get what THEY want."

Great book list! A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good book for new investors.

As a highschooler wanting to become wiser about life in general and having not really any knowledge of finance, this video is very helpful! In my case, classes of this is being offered next year but I am graduating this year... So I need another means of learning as an alternative.

The saying ”for the love of money is the root of all sorts of evil” is basically bs if you understand what love is. When you love money you look after it and make sensible choices to make sure your money does well, much like when you love your kids. When you love money you protect it from unhealthy desires, you use it wisely for it to be a great helper and you nurture it for it to grow and multiply. Love money, don’t lust after it.

Great advice, I find your videos the most concise and accurate on all things business! Keep up the great work!

Robert Kiyosara needs to hear #1 becausd he might be super rich but he's such a hater! Listening to his podcast all he does is put poor people down, calling everyone stupid, idiots. He projects such negativity. You on the otherhand are so inspiring.

I liked the analogy with the playing cards. I try to explain to my brother that you may been dealt certain cards, but doesn't mean you can't play for a better hand.

What would you recommend to a heathy 58 year old male, who is still working with only 10k in savings to invest in? Can I still find some type of small real estate to start investing in? I love listening to your videos in the morning during my workouts. You are very inspiring and we thank you!

'You build a cash generating machine and then pour the proceeds into cash generating assets' Thank you so much sir Learning alot from your videos

I click on EVERY, "I read X-amount of books, and..." None of them are bad. Book people who are trying to get better are my people! I've found a lot of great channels that way.

I loved this video!! Gee! this brings back fond memories from when I used to read so many horror novels, also on military subjects, political drama, but mostly horror, lol.....oh brother! I see awesome videos like this and reinforces my commitment to take an entire week off work to study all these videos sistematically....I'm gonna make so many people rich just by binge watch sessions, lol :D

Just another smooth talking You Tuber. Throw a few quotes and big names out there. Warren Buffett started an Insurance company and used the proceeds to invest. Jeff Bozo had family members in the Jewish banking system and raised 7 million US Dollars in 1995. We don’t have access to this funding.

Completely spot on, a few friends and i were just discussing this concept...share your knowledge, and its cash "flow" for a reason...its meant to flow!! Great video

Thanks Anthony for these 3 valuable lessons. I recently came across your youtube channel, and for me you are by far the best coach for reprograming our mind and educating us about the game of money and financial freedom. You share your knowledge and wisdom freely with real care for humanity and most importantly without chiling any product. I am really grateful for your content and wish that you continue to prosper and be blessed abondantly in your life.

That dichotomy of morals surrounding money has been a big issue for me. "How can I be a good Christian and still become a hyper-successful businessman?" So I'm glad you spoke about it!

Obviously nothing…. You’re still bumming around making a few $ off YT ads instead of billions of $ elsewhere….🤔

I play the money game but first I work on charities: Saint Judes / Tunnels to Towers / Wounded Warriors and a few others. I feel that if I help charities the Karma will somehow help me as I am helping others. I really feel this is important as some of those are unable to help themselves. Great upload, liked and shared. 😊

This whole concept of money is bad is not a thing in Turkey. Everyone wants money in here and nobody is ashamed of wanting it. Most Turkish people think countries and governments the real problem since regulations put down by those,a company doesnt supposed to regulate itself. I think the whole concept came from the idea of Christianity that see virginity and astecism as a holy and pure thing whereas in Islam having a moderate normal life is the religious aim.Too much is bad and too little is bad too. A person isnt supposed to stay a virgin ,poor or overly religious even if they are religious leaders or literal prophets. Then moderation limit is the argument point what is too much and what is too little is up to debate. Also there is a notion rich people created in America that being rich is bad,money do not give you happiness because they dont want average people to get envious of them. They also divert the attention from system and government to companies that are rich and powerful. In American's minds system works perfectly while those greedy multibilionare companies are the problem. So companies try to do charity work,green washing technics maybe reforrestation here and there to negate that attention.

This was such an interesting watch. Loved how you broke it down and simplified everything.

"And they will..." Well... I did! Great video, thank you.

What a Great informative video this is! You broke it down to these 3 simple points. Congrats sir, I learned a lot. 👍

Read a 100 books about making money. The only thing I learned was that I was making these authors rich.

Thank you for sharing your wisdom and knowledge 🙏🏻 🙌🏼

Bro you are spot on in everything you said!!

thankyou for making all these video on finance and money . i am in my early 20s and it make me understand lot of concept for future . thankyou

So glad that I came across this channel. Multiple times. Keep it up👍

This channel is a true gem on RU-vid :)

The only self improvement and finances channel you need

Moneys just a game, but like it or not, you have to play. Thats slavery. Until I make a decent living wage, Id rather see all the money in the world burn.

Thanks Anthony! Super great refresher in building wealth. I am on my way! Grateful toward positive energy!

Really enjoyed the video and your content in general. Out of curiosity, what were the 100 books you read?

Lately I've realized that knowledge is power but perspective is what makes that knowledge a good or bad thing

"Most books are just 1 page of interesting content surrounded by 300 pages of fluff." - this 100% true

I'm starting to take more control of my finances by keeping an excel sheet which tallies all my assets and liabilities. Makes a massive difference.

In 2019 I did the same, only I read a book a week primary on mindset, wealth or self-help. What I gained? Wealthy people just think and act differently. They value time over money and equate a dollars worth to time itself. Live life or slave it away working for someone else...

Ok, so without diving into your background because that can wait for another day, your videos have no value and contribute nothing towards helping folks obtain wealth or grow their current income. Your channel is the exact same as any other "self help" guru out there. After investing time into watching your videos you don't offer anything tangible, here's a quick summary: 1. Mindset 2. Belief 3. Good enough to great 4. Money is a game In short - your waxing philosophical on it, which certainly has it's place in the money making arena, but it's hardly anything new. All of this has been said and rehashed in different ways a million times over, leaving you without any differentiating factor from all those other folks. Furthermore, you then peddle your books and podcasts, and then most importantly - your "master class". As a mid-30's millionaire I take it upon myself to call out others like yourself - word of advice, you should actually dive into the hard facts and details of your path, your journey, and actually discuss why "money is a game", rather than simply talking about it from an absurdly high level that offers no clear help or understanding to folks. Here's an example to you out: "Money is a game" - ok, why is it a game exactly? Outside of all the mental games and philosophy, does anything else factor in? Taxes perhaps? Purchases and returns? Source of income and/or investments? What's often overlooked is that becoming a millionaire is an increasingly unrealistic and unobtainable goal, and it's becoming more difficult for folks year after year for a plethora reasons not short of inflation, taxation, and general fleecing of the middle and lower classes. Increasingly, newly minted millionaires are earning/obtaining their wealth either through a new breakthrough idea/product/invention (relatively rare), or from generational wealth passed down from their parents. The whole idea of saving cash is simply not a choice for an ever growing percentage of the population; so what do you do? It's hard hitting questions such as these that are entirely overlooked by all the "hey I'm a millionaire, listen to my personal philosophies on money and life" folks. If this video is all you learned from reading those books then you're either a poor reader or those books simply suck. Here's one wealth creation tool that never fails is a more a hybrid product of a tool: education and skillset. The more educated you become and skilled you become in one area, leveraging much of your knowledge in others, the greater chance you have of building tremendous wealth. An example for someone with limited means - learn computers/technology/coding. It's something nearly everyone can do on their own without serious financial investment. The main investment it takes is your time.

Understanding how to spend money, invest money, use your time wisely,keep track of your money, and build money efficiently are important, but no, not everyone can be wealthy the financial system doesn't work like that. People have to give for someone else to take. If everybody in the U.S. had say 1 million U.S. dollars they would all essentially be poor, its finacial logic. It's the people who have the most to offer that get the most in return. Reaching the highest number of people with the best solution for a problem is how you earn the most. That could mean anything people need or want. Knowledge, food, luxury, etc. You don't have to be the smartest, you just need to have what people want to be wealthy. In an equal society, not all countries play by the same rules, but thats a topic for another day.

You're a beast bro! Another great video thank you for taking the time to put these together!

I bet they say all the thing invest and don't lose money

One of your videos popped up in my feed just after I decided to take control of my finances beginning with moving out of my expensive rental and into my car for 4 months, starting a new business and investing in my own skills. Nailed it! Your story is exactly what I needed to hear to give me the courage to take this leap. Thanks for sharing it!

Thank you for your beautiful energy, your intelligent mind and your magnetic positive vibration you are a money attractor and so am I thank you for your wisdom knowledge is power💜💜💜💜

Very insightful video.. I just saw a friend make a Facebook post about how 'no one deserves a million dollars. The only way they can get that is through greed.' I guess it's wild how so many people view money as simply a measure of greed. Viewing others as a potential partner instead of competition was also a very good point to mention. I think I've struggled with viewing others as competition and being envious of those who are already winning the game. I think if I work on transferring that energy inti focusing on what I can learn from them, (versus simply envy) in a small way it would be like networking with them.

Thank you I’m very grateful for the tons of valuable information you give stay blessed

Such an interesting perspective when viewing life "like a game". You're presented with 1 life (granted not everyone starts at the same level) and those that know how to play the game are given many advantages. I wish kids were taught this at a younger age! I attribute a lot of my financial habits with growing up playing the game Runescape (learning to save/buy/sell within the grand exchange)! Thanks for sharing Anthony!

Excellent content, you have a new subscriber. Keep grinding brother.

As a guy from India in his mid 20s broke trying to move to US or Cannada .... Your vids are really positive

Thumbnail is outta this world

I learned the rules of money when I was around 24 or so. They are the same rules you're talking about in this video. They work. I made then work. I've taught these rules to my advanced martial arts students for well over 40 years now and those who listened and acted made them work. Did I mention that they work? They work. Thanks for your presentation!

I'm not sure what you're gonna say or what happened after you read the books but it would be like someone who didn't go to medical school. Trying to be a doctor because they read a hundred books and hopes that they wouldn't know what they're doing

People often forget that it's not. "Money is the root of all evil" its "The LOVE of money is the root of all evil" The subtle hint is that you should not be enslaved by its pursuit, doing anything for it in the same way you would do anything for a loved one.

Work hard and save Buy good investments, ones that will feed you when you stop work Wait ten years

Telling people to buy real estate when the fed is raising rates and mortgages are very expensive is very poor advice indeed.

Great piece of content, thank you for sharing! as an idea, can you do your top favourite books on money (finance)? since you went through the lessons you learned, it would be a good idea to recommend those books that have helped you well.

You said $12000 goes to taxes. How do you use that same money to mimic those that are ahead of me, if it gone?

The budget was the #1 thing that changed my financial life. Once I started putting down even the most simple things I spent money (like your pot pie example), I got a clear vision where all my money went.

If you buy Chanel handbags, you can spend your money on wealth in order to make money!

Great video. Loved every part of it. That said, no one ever said money is the root of evil. The Bible which you are probably referring to says money is good, money answereth many things. But “THE LOVE” of money is the root of evil. Because if you love money over all else, you’ll be willing to do anything.

"love" of Money is the root of all evil NOT money itself....

feel like theres no real advice here just generic commentary on building wealth.

This channel. Alex hormozi. Why Files. 3 best channels on earth 🌎

Ironically, you made the people who wrote these how to get rich books some more money buy buying them😂

couldn't 2 or 3 books do the deal, there can't be that much worthwhile books on one topic

I misunderstood the Bible for a long time. I thought it said money is the root of all evil but what it actually says is “the LOVE of money is the root of all evil” which is very true.

I’m sure Graham Stephen would fight you over the idea of saving money 😂 Appreciate the video 💯

Should you read different books in a day ? or u concentrate on one book. once you are done with it then you go yo another one

Would love to have the reading list of which books! :D