David Bach Explains 'The Latte Factor', Educating The Youth About Investing + More

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The Breakfast Club features celebrity interviews, Charlamagne tha God’s Donkey of the Day, Angela Yee’s Rumor Reports, DJ Envy’s mixes and so much more! Every guest visiting the world’s most dangerous morning show is grilled with their signature blend of honesty and humor. The results are the best interviews to be found on radio.
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Опубликовано:

10 сен 2024

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Комментарии : 557

@benhove6542 5 лет назад

This episode is going to change lives. Please keep spreading financial wisdom.

@MichaelImo 5 лет назад

Coach K?

@josephsadipe 5 лет назад

Ben Hove So true! 💥🙌🏿💪🏿

@tmcdew1119 5 лет назад

2 months in saving my hourly rate a day 🔥🔥🔥🔥🔥🔥🔥

@konspiracybrotha 5 лет назад

I remember once an OG told me, "problem with black folks is they wearing all the money." It's a damn shame that flaunting your money is the only way we perceive wealth in Black communities. Fake money screams, real money whispers. My mans is dropping straight gems.

@jenn7618 5 лет назад

This video needs to go viral!!!! That's exactly what I do and I been seeing results!! Paying my self!

@anthonya5525 5 лет назад

How's it working for you? Do you set aside the cash or use a different account to save. Thanks :)

@itzBiggieTTV 5 лет назад

Dude. This guy motivated me to forgive a co-worker🤯. I decided to forgive him, and so I got up and broke the barrier and talked to my co-worker. We talked for like 45 mins haha. Thanks to this video...

@Dakid4rmdade 5 лет назад

Anthony Tran that’s dope...let go of the hurt sis🙌🏿

@Brimarieddddddddd 5 лет назад

“They are so busy struggling they can’t listen” facts

@laminediallo9014 5 лет назад

Can we teach Finance in High Schools? That’s why so many adults are financially illiterate.

@donyelledaily 5 лет назад

Lamine Diallo there’s a reason they dont

@johnnyfarshad6989 5 лет назад

The government doesn’t allow it.

@johnnyfarshad6989 5 лет назад

They want you to stay poor and go get a 9-5 job it’s what they brain wash you in school.

@JA-ld3it 5 лет назад

We have financial classes you can take

@gazeddreamer3501 5 лет назад

Here's the thing though, studies show financial literacy classes don't change behavior for most people. Search "financial literacy classes in high school don't help" and read the Washington Post article.

@Ky-ed7cz 5 лет назад

The reason that no matter what negative feedback you have for the breakfast club, they are necessary for the culture. Periodt lol

@Ky-ed7cz 5 лет назад

Kevin Skipper 😂😂 yes

@godsonentertainmentllctony5531 5 лет назад

Watch The New Conspiracy on Autism ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xwiy6YCknH4.html

@kennykah4466 5 лет назад

Facts breakfast club helping us out!!

@Keenonf 5 лет назад

why was i just saying this to myself! Just watched the vid with the young sports caster lady and Charla made himself look like a dummy and i was cursing at the screen, then this gem autoplayed and my whole attitude changed. lol

@bre97bj 5 лет назад

Speak for yourself!

@laceydoris9643 5 лет назад

My son is nine I'm about to get my son this book thank God he luvs reading at his age..

@DoctorSkillz 5 лет назад

Hi, it's me, your son.

@laceydoris9643 5 лет назад

@@DoctorSkillz Lol

@ripwins 5 лет назад

Also look into opening you son a Minor IRA account...he can start saving now. My son is 11 with the Minor IRA account🔥

@buckeye9983 5 лет назад

I thought this was coach k at first lol

@Rich2rich87 5 лет назад

Facts

@biggwillaboo84 5 лет назад

buckeye998197 y 😂 I

@leonknowles9450 5 лет назад

Lol. Me too

@soulbro7614 5 лет назад

Beat me too it lol

@KayMattersOfficial 5 лет назад

Exactly what I thought 🤣

@518NorthSide 5 лет назад

"At 9, i went to Disney and asked Mickey are u publicly traded!?" Lol yea he different

@godsonentertainmentllctony5531 5 лет назад

Watch The New Conspiracy on Autism ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xwiy6YCknH4.html

@hazesativa8641 5 лет назад

Lol

@angelface14angel 5 лет назад

Thank you for bringing this kind of knowledge to your platform! 🙌🏼

@Junebe787 5 лет назад

I’m about to start saving and investing.

@SASA-hd1ls 5 лет назад

I swear I learn so much from Breakfast Club, they touch all aspects of my life and make me laugh while their doing it...love it.

@dr.thrive1812 5 лет назад

I first saw Mr. Bach 17 years ago, and that's when he taught me "pay yourself first"! I was still a kid but I've been more financially knowledgeable ever since!

@iyesis 5 лет назад

This is free information. Grab a pin and paper. His book is $8 on audible

@Luva1734 5 лет назад

Basic finance and tax classes should start in middle school....

@fucktheworldent5831 5 лет назад

Fax

@fucktheworldent5831 5 лет назад

Preach

@aof7011 5 лет назад

How many kids would actually listen, retain and apply the information?

@Luva1734 5 лет назад

calamitous catastrophy many, when it comes to money and business that’s more intriguing than trigonometry. So many children are business owners and realize they can monetize social media. It would be a lot in my opinion

@aof7011 5 лет назад

@@Luva1734 I understand some will, but more want the money without the work and sacrifice. They'd rather look the part and stunt rather than being unnoticed until they can actually afford to stunt.

@peterpowell5189 5 лет назад

Breakfast club interview with a 69 wil= 10 million plus view...Breakfast club teaching wealth tips under 20k...it's so sad man..

@chandrawhite7904 5 лет назад

Peter Powell I was shocked when I clicked and saw how many views this has smh

@donyelledaily 5 лет назад

First 5 minutes he given jewels

@QPrettyboi 5 лет назад

This is so dope started my 401K at 27 wish I did it sooner but we here now 🙌🏾💪🏾💪🏾

@sillykid0243 5 лет назад

Bro if I stop smoking cigarettes I would save 70 a week 280 a month =3,360 a year

@Keenonf 5 лет назад

so why not turn that "if" into "when"

@ratherunique2794 5 лет назад

Get started homeboy

@beingmeperfectly4560 5 лет назад

Esther StrategicAdvisor best comment. thank you for offering advice.

@VeronicaRichardson1980 5 лет назад

SiLlYkId024 awesome sauce you can do it! 😊 even 1/2 would be an improvement

@AnovaLisaDragonfly 4 года назад

@SiLIYkld 024 - And $3,360 is just what you'd save... But if you were to INVEST that amount, the compound interest would come to hundreds of thousands, or millions. It's a case of "instant gratification" vs "long-term amazement". Peace & Prosperity

@atravis1 5 лет назад

This info is needed in our culture...we don’t get information us this on a daily basis...learning now in process

@tarrelpitre6202 5 лет назад

atravis1 those that will might pass it along to friends and family who will then have a choice at least it made it to one of the cultures mouthpieces...they leading horses to water it’s on the viewers to drink

@brotherman1363 5 лет назад

But you have to have the discipline

@bowbow4942 4 года назад

atravis1 What culture?

@melissajohnson7252 5 лет назад

One of my favorite interviews this year on the Breakfast Club

@187Kali 5 лет назад

He got me thinking 🤔 let me go do my research ! Thank you 🙏🏽

@twosmoothconey 5 лет назад

Robinhood, Stash, and Acorns apps are good places to start

@187Kali 5 лет назад

TwoSmooth Coney ok 👌🏽 thank u so much

@MrGamble 5 лет назад

And please do your own research into Crypto. They don’t have no clue what’s really going on into Ripple.

@twosmoothconey 5 лет назад

Gamble_Da_Prince93 what’s going on with Ripple?

@ziadmahmoud1021 5 лет назад

Buy a house worth 250k with a mortgage around 1200, and rent to a roommate for 600-700 and now your monthly expense is 600$, quicker way to build equity and ultimately own a home. If all goes well and house becomes worth 300k+ in less than 3 years. Takes about a 7-10k down payment about 20k needed to begin and buy a house worth the 250k. Suggest having at least 30k in the bank to do this minimum to be comfortable.

@smoove_hef680 5 лет назад

exactly what I did! .. almost .. but you def. get the vision!

@ziadmahmoud1021 5 лет назад

Smoove_ Hef what did you do different ? I'm 23 and 6 months into my accounting career and wanna know

@smoove_hef680 5 лет назад

my first purchase wasn't a sfh .. I jumped straight into mf for the same price .. now in the process of developing a small subdivision! w/o the knowledge I would of never taken this path... you're starting a few years before I did which will make a huge difference trust me!

@ziadmahmoud1021 5 лет назад

Smoove_ Hef mf as in muti family home ?

@smoove_hef680 5 лет назад

correct!

@luvprincenelson 5 лет назад

I don't know what they do now in high school but in the late 70's, early 80's, I got it and I had a hunger to know more and yes, I went to college but it encouraged me to get it at the college and graduate level when it wasn't even required. Folks come to me now and I'm not in finance as a career but I know what I need to do and I'm always open to listen to more as in this forum! Mom/Dad didn't teach me, they didn't know anything. Now I'm helping family and friends when they request it. Folks look at me and think I'm balling, that's not it, I just spend, save and invest more wisely. Knowledge is power!

@kin2706 5 лет назад

Thank goodness I woke up about my finances at age 30. This man is right! Start investing and saving ASAP!

@stevengarrett63 5 лет назад

I was with him until he said not to budget. I've seen the power of budgeting first hand. The only reason it doesn't work is because people either don't budget, don't follow their budget, or don't have an emergency fund. If you live your budget, you can pay yourself! Stay woke!

@Mslimgoodies 5 лет назад

Yea lost me on that too...my budget keeps me in line

@danahines3588 3 года назад

You technically are budgeting by making all your bills and investments automatic the rest of your paycheck is then yours to do as you wish

@hazzproUsa 5 лет назад

" The Breakfast Club is Life 🙏🏾 "

@TheUniquemariah 5 лет назад

It really is, I'm still learning, but I have invested stock into my workplace.

@jasonmccall8264 5 лет назад

I was fortunate enough to learn alot of this in high school but like most once you get a family your focus becomes what's in front of you instead of what's ahead of you. Thank you David Bach and The Breakfast Club for realigning my focus.

@Ruffsecs 5 лет назад

Yall making $27 a hr? Where y'all work cause I'm about to apply.

@southcarolina6032 5 лет назад

😂😂😂😂

@TheUltimateLady 5 лет назад

That’s average since the average American makes about $54k annually.

@MESSI-fx1ob 5 лет назад

TheUltimateLady average for people that are 50 most people start off on 12 an hour and stay there for 10 years

@TheUltimateLady 5 лет назад

HIIIPOWER 000 economic stats show otherwise. Sidebar though...that’s not a livable wage. Not sure how anyone could stick to that sort of career plan.

@dedemurray7 5 лет назад

Any government job. I started at 17 I'm only two years in at twice that. Weed smokers need not apply

@gazeddreamer3501 5 лет назад

I read his other book The Automatic Millionaire about 12 years ago and took his advice. I'm no where near rich, but I see the progress.

@estherstrategicadvisor749 5 лет назад

Good for you! You took ACTION!

@aishap.1833 5 лет назад

No one is coming to save you. You have to save yourself.

@theduke6174 5 лет назад

*keenan Wayans voice*- MESSAGE

@jayes460 5 лет назад

bruh

@twosmoothconey 5 лет назад

Dr. Boyce Watkins has been talking about investing $5 a day and alot of the same investing techniques he mentioned for years.

@melissajohnson7252 5 лет назад

Bruh! If Envy mentions Real Estate one more time lol...

@BryantJ31 5 лет назад

This should have been on air this morning. Great content.

@TheShaniVerse 5 лет назад

This man had some awesome grandparents!

@dominiquegordon8813 5 лет назад

I enjoyed this episode. My first Financial literacy book was from David Bach. Smart Women Finish Rich! He's awesome for spreading knowledge. I was 20 years old when i ready and I'm striving to make some of these thing happen. 🙏

@dominiquegordon8813 5 лет назад

@Davide Lecky awesome change my life. I started a cleaning service 2007 afterwards

@dominiquegordon8813 5 лет назад

@Davide Lecky thank you. Good luck to you as well!

@chronocross85 5 лет назад

I taught myself how to cut hair and saved myself $40 bucks a month

@estherstrategicadvisor749 5 лет назад

....So now you know you can SAVE it and you can get educated in stocks & finances THEN INVEST IT!

@iaspireothers 5 лет назад

@@estherstrategicadvisor749 better yet, cut hair and invest that!

@Blaq_Phantom 5 лет назад

I feel like every time DJ Envy intro everybody he holds out the "This is Deeeee J Envy, Annngela Yee and Charlamagne tha God"

@thachiefrocka 5 лет назад

Special guest in the building!!!

@priestbrooklyn1094 5 лет назад

Teach your kids to Not be a consumers...7:26 Deep

@houseonthehill9393 5 лет назад

this interview is better than most rappers on the show

@TAMISHonline 5 лет назад

👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽 Thanks David Bach! Thanks Breakfast Club!! ❤❤❤ #KnowledgeIsPower

@francescap2340 5 лет назад

*bumps up 401K contribution from 13% to 14%*

@morelandcapitalgroup8694 5 лет назад

Fight For Your Money! That’s the book that introduced me to David Bach. I’m definitely reading this and making my kids read it.

@Je.rone_ 5 лет назад

*Saving money is my expertise but investing is my love* 💪

@sensationalsegment7474 4 года назад

CHANGED MY ENTIRE LIFE!!! 🙏🏽🙌🏽

@a.m.m.4592 5 лет назад

Learned this in the late 90s from Robert Kiyosaki. Give yourself the money over buying yourself something. See money as a reward not the things you buy with it. Run your life lean for 5 years. Sell what you don't need, refrain from buying unnecessary and expensive things you don't need. It will blow you mind how much money you will begin to pay yourself. I sold my second car, moved into a cheaper apartment and stopped partying for days a week. I was putting away $10k in cash a year.

@aliciarogers1039 5 лет назад

One of the best interviews I ever watched very informative

@anaquevedo5989 5 лет назад

This video was so motivational for me, he talked plane English and he hit some real real points! Am putting up my 401k contribution! Thank you!

@bkid900 5 лет назад

Ay Breakfast Club we need that Farrakhan interview asap about the fb ban. ASAP.

@Crypto_nino 5 лет назад

No we don't lol

@brotherman1363 5 лет назад

No need there other platforms like blaggenuff

@millyward7256 5 лет назад

This was really fascinating...in one day I heard about Teairra Marie, Angela Rye, and THE MONEY MAN.

@shanenolan85 5 лет назад

Ever since Dame checked them on their show, they been gradually getting folks on here to talk about financial literacy 💯😂🤣

@chronocross85 5 лет назад

Need more guests like this that talk about finance

@Noble100 5 лет назад

We are a financial education service and we’ve been helping people across America restore their credit and make extra income since 2004 IG: @welkomland

@MoralRichMedia 5 лет назад

Why would you ruin a perfectly good interview with such a bonehead comment??? Why?...now if I wanted to share this in a classroom of students it is inappropriate. Be professional man... C'mon

@latyshal.2286 5 лет назад

Great interview. 👌 I learned something new....If you buy a house and live in it for 2 years before selling it, then you keep $250k of the amount you sold your home for tax-free if you're single ($500k tax-free if you're married). We need more interviews of this nature. Building wealth for myself and for my family is very important to me. I'm tired of living pc-2-pc.

@thailandretirement9561 4 года назад

There's another good saying "we buy things we don't need, with money we don't have, to impress people we don't like"

@GenniferLee 5 лет назад

OMG I read his book 15 years ago and the latte factor was in his book then.

@CoolCiti1 5 лет назад

This was so on time for me.. thanks y'all.🙂

@JulianOnTheRadio 5 лет назад

So much fuckin truth to this. I loved this interview. I got so many millennial friends who just want to be rich fast, and being a little older I try and educate. They don’t listen. I ain’t rich but I’m stable because of this exact strategy of starting early and no showing shit off. I’m even out of work radio guy and I still feel fine cause it’s about investing and being patient. Kids ain’t patient and frankly some just wont listen. It is what it is .

@Noble100 5 лет назад

JulianOnTheRadio We are a financial education service and we’ve been helping people across America restore their credit and make extra income since 2004 IG: @welkomland

@sachaallong5838 5 лет назад

Great interview with someone who is showing one way to financial security in the USA. What saddens me on this interview on BC is that like most non entertainment interviews on this channel it won't get many views (I will be happy to be proven wrong). Plus why does CG feel the need to spoil the message with idiotic jokes at the end which add nothing to the content of the interview.

@stretch1681 5 лет назад

Sacha Allong share it with your friends that’s how it can spread

@Noble100 5 лет назад

Sacha Allong We are a financial education service and we’ve been helping people across America restore their credit and make extra income since 2004 IG: @welkomland

@jayeneutron478 5 лет назад

I agreed with everything he was saying until he got to Budgeting. Budgeting does work. It creates self discipline.

@samkuti3853 3 года назад

In fairness he said pay yourself first, which is effectively budgeting in my opinion. I think he is against the countless calculating for each area of their lives that people do for budgeting.

@tierraadams8553 5 лет назад

His books are worth the read!!!!!!

@javidallas4113 5 лет назад

I bet us minorities will not even give this video the time of day Smh 🤦🏽‍♂️ but let it be a celebrity and we are all inn smh 🤦🏽‍♂️

@illwill704 5 лет назад

javi Dallas im a minority and i understand what this guy is saying and can access $10,000 in my account in case of emergency

@MESSI-fx1ob 5 лет назад

javi Dallas no one is watching this stop attacking minorities u think white people watching this no one is interested in this crap

@yolandamcbride3404 5 лет назад

Yes alot of us listen and apply his practices.

@godsonentertainmentllctony5531 5 лет назад

Watch The New Conspiracy on Autism ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xwiy6YCknH4.html

@TheGhostManN 5 лет назад

@@MESSI-fx1ob I am... and what's wrong with this topic they're speaking on?

@DiaAkin 5 лет назад

I found his first book about 15 years ago. Changed my life. He's the truth. I can vouche for him.

@tierraadams8553 5 лет назад

Thank you breakfast club!!

@williejones178 5 лет назад

What David said about Crypto was incorrect. Yes you can transfer Crypto to U.S. Dollar. I do it all the time buying Crypto Packs then withdrawal my returns back to my bank account. You can also get a Bitpay Visa Card to use anywhere to make a purchase in the U.S.

@pabloguevarra2227 5 лет назад

Willie Jones it’s against their interests, that why they talk down on it smh

@URBCLIPZ 5 лет назад

I loved this interview. Thx for having him on. It was very motivating.

@alexg8460 5 лет назад

2 biggest wealth builders are, if you live a normal life and want to retire s millionaire : 1.Own Real estate 2. Own stocks (aka- 401k, retirement accounts , company shares)

@roddykalasa8675 5 лет назад

I went to a entrepreneur seminar about 3 years ago and the man who hosted the seminar said the same thing about forgiveness. But we can all agree that forgiving while deeply hurt, it's never the easiest thing to do.

@AthaliaJustiniano 5 лет назад

"6 figures in jewelry around your neck, those are the role models for so many kids today....but financially that's the wrong role model. No 6 figure network....something's wrong " - PREACH and YES we have to teach our kids these gems at home. FREEDOM.

@LeNguyen-tv2cv 4 года назад

I am a living proof. I was very lucky to know a financial advisor in my early 20. (40 years ago) and now teaching my son about saving. I opened a Roth IRA for him after he got his first job, and use my money to put $5k per year in it for him 11 years ago.

@josephsadipe 5 лет назад

Thanks for this interview, pure jewels

@matthewjohnson1317 5 лет назад

I love it because you are taking your future into there own hands. Don’t wait for someone else to take care of you.

@TYxTAYxNUS 5 лет назад

I absolutely love this episode. Thank you BC.

@robertthompson4224 5 лет назад

These type of interviews are the best!!! I hope a lot of people really take this info in. I’m already doing all of this

@maxlewis2011 5 лет назад

I practically kept reading automatic millionaire back in 2001.... Did the $5 per day/$35 week..... It's now at $93,140 on my Roth IRA vanguard index fund. Easy as 1,2,3.....no bull crap!!!! Will continue til I'm 62 years old

@latashar2252 5 лет назад

I love the breakfast club! Thank you for Always educating us. Investing has been heavy on my mind lately. Just ordered the book! Everything David Bach said makes sense! 💯

@mogetit5999 5 лет назад

Budgeting is necessary for people that live check to check, whatever you have left (while paying off debt) you can build your emergency fund, then start investing

@tlesliejesinawo8984 5 лет назад

Very educating 💯

@wakawakaabby4779 5 лет назад

My dream In life is to build generational wealth.

@mirror5700 5 лет назад

THANK YOU BREAKFAST CLUB, THANK YOU DAVID BACH!!! I understand the massage BUT IT IS ALSO IMPORTANT TO SPEND THE MONEY, ITS IMPORTANT FOR OUR ECONOMY, GOD BLESS YOU ALL

@Joeshmoe755 5 лет назад

More positive interviews like this! I’m going to buy the book for my family so we can all read and discuss it together!

@Brimarieddddddddd 5 лет назад

I agree finance should be taught in school & parents should understand and teach their kids finance. I was never taught it

@NG-pe4we 5 лет назад

Great interview

@anthonya5525 5 лет назад

Damn, he's so right. Tell the ppl you love that you love them this morning!

@jessicablakes5962 3 года назад

14:15 is golden!!!!!!

@IdiaOgala 5 лет назад

This type of financial advice isn't conducive to certain communities. People are always trying to push the message of "saving money from latte's and coffee", that isn't rooted in practicality. Money earning power strategies are as important as learning how to save aggressively. Saving strategy is scalable, it's capped based on your earning. Everyone listening/watching this should look into content from Ramit Seti. His book "I Will Teach You to Be Rich" is what kids and people from disenfranchised communities need to read.

@elisabethmontes2140 5 лет назад

Loved this interview-continue to educate us financially.

@samkuti3853 3 года назад

This is a brilliant interview

@Katmassive 4 года назад

Bruh what are the dolls doing... My Word LMAO

@HonestlyMichee 5 лет назад

Thank you for this video! We need more of these videos. I increased my 401K from 12% to 14%. I took a loan out on my 401K, and i'm paying all of my credit cards so that I can retire at 50! Thank you so much for this! I'm brown papering my lunch forever now.