How Rich People Think About Money (Psychology of Money) 

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This past pandemic has really taught me a lot, I realized that depending only on salaries is catastrophic. I have seen people who have collapsed financially because they had no investment when they were actively working

I'm not surprised that someone recommended Margaret.I was completely skeptical at first . My greatest happiness is that I took that step . I am completely debt free now and also started my own business. I can also say that Margaret is the most sincere broker I have ever met

I love it

@Jason Xavi bro we should link. I've went similar process but came out of it. Lets find a way to link

So wthell is investing? And how do you make that day come sooner

Yes, me too. This is a real leader and he’s blessed with Wisdom. Love his teaching.

Great stuff my mentor

poor mindest vs wealthy mindset

we need to stop with the "poor ppl think like this" mentality. You clearly have never been poor or know any actual poor ppl. We can say that "middle class ppl want a guarantee" because they actually have resources. Try telling a poor person who hasn't eaten in 4 days to take that dollar and turn it into 2, when they don't have the option or resources to think of growing instead of surviving. Pretty typical comment to do rich vs poor.

​@@marquis08 but many dirt poor people came out of poverty by changing their mindset

Pimp play have your money

THIS. Most wealthy people have 4-5 streams of income and some up to 7. Multiple ways of your money working for you. Even business is like that. You may make $20 off of a service, OR you could tons of people do the service for you, pay them each $15 and take the other $5. Doesn't sound like much, but lets say you get 100 people to do the services. You make $500 and all you're doing is SETTING UP the appointments for the service.

​@@stevewoodson4635pimps yeah have more sense in having a hoe bring money tho ungodly

He’s so blessed with this ability

Agree

Amen

agreed

Solid comment

100%

SO EASY TO COMPREHEND💯💯

Hearing it makes committing to making better decisions very easy..

And we sticking to that mf forever

Exactly... You should watch the video more than once for it to really sink in... It's helped me so far

@Tyree blessed BOY Please find something to do

"You own a job, not a business" - great way to position entrepreneurship

I 100% agree with everything that you just stated. This is a curriculum that should be available at every community college at the minimum! 🤓

Like number 99

Lol…this comment is so cliche.

Exactly, we need to spread the word. We do our part and we can expand the knowledge.

The explanation is more efficient!

That doesn't understate the value of what he's saying does it?

If you were listening, you would understand that the main purpose of this video is to highlight the perspectives on how people view money. The knowledge has always been there but we cannot apply it if we don't understand. He brought understanding and application to the table. Well done Mr. Golden.

I suppose everyone has their own teacher or person that is why there were 12 disciples. Same message different teachers. Some sow, some water and some reap. Well done sir Golden. You turned simple information (knowledge) into understanding

Be-LIE-ve

Came on here to say the same thing. I do like it though.

I literally saw Robert kawasaki on this too bro

What’s a good way to make my money work for me. I can’t work for someone all my life

@@jkkennedy8919 💯

@@jkkennedy8919 Invest in Assets that produce Income 1.Company - Absentee owner, Equity in company , Own Company. You can start a business or buy a small company through a business broker hire people to increase the revenue and sell it down the line to 3-5x what you paid for it 2. Intellectual property - patent , trademark , Copy right , Royalties you can buy Intellectual Property through a patent lawyer and possibly sell it to corporations for a larger amount 3. Real Estate - Personal Residence (live 2-5 years and sell when it appreciates),Multi Apartment , Repair and sell , Buy notes/ Debt, Take loans against Real Estate , Buy Auction/ fore closed homes and repair. You can also do Bird Dog Real estate with very little money 4. Paper Assets - Index Funds , Single stocks , ETF , Bonds , Muni Bonds , Crypto ie Bitcoin/ Ethereum/ litecoin 5. Luxury Assets- Antique Cars , Art Work , Jewelry , Watches , Rare Whiskey , Collectible Cards , Memorabilia. Take loans against luxury assets to invest in assets that produce income 6. Life Insurance - Borrow Money from policy, Use as Personal Bank. The founder of Disney used the money from his life insurance to start Disney, The good thing even if you are unable to pay it back it is subtracted from your amount after you die Live below your means, you use your assets to pay for your basic necessities and always think of money as math how can I turn 2k to 4k to 20k to 40k/ 300k to 600k etc. Also the Rich hire the best tax lawyers to legally reduce their tax bill to keep more of their income to reinvest.

I agree! He and his videos have inspired a lot of us to do good with money 💯👌🏻

Pls share

Please share

Surely you will overcome 💪

Exactly!