How To Stop Being BROKE | The Bedros Keuilian Show E049 

A small but effective way to not go broke is to pay in cash. The problem with credit cards is that people don't feel the financial damage until afterwards when they pull up their credit card app at the end of the month. With paying cash you may have enough, but feeling the damage to your finances will put you in a better habit of budgeting rather than becoming another victim to credit card debt.

I was a 125,000 in debt after school. Took me 6 years to pay it all off. Was able to save and get a house and new car between the 6-8 years after school. It’s doable but takes a lot of determination and sacrifice to get it done. No way should education be as expensive as it is. And before anyone says well it depends on your major. I went to school and got a Engineering and applied mathematics degree. I now engineer fire sprinkler systems in the commercial construction industry. I could only imagine how hard it must be for people outside of stem related subjects.

Paid on Thursday, broke by Tuesday. Building back better.

I put $750 down and bought 2 properties. I bought in a rural area and used the 0-down USDA loan. Everything is possible, Godspeed.

I’m so fucking tired of my lifestyle. I’m not poor nor necessarily broke, but I’m tired of thinking “I need to get some money asap” 24/7…

Every Tuesday these videos give me the push to keep going. I already got the discipline to better my body. Now I just have to better my business.

Get jacked!!! Everyone loves you when you’re jacked the money will follow. I been studying day trading for the past 2-3 years.. most importantly I wasn’t getting jacked in the process now I’m getting jacked.. it’s making a difference

We need to get schools to teach this stuff, I really wish I knew all of this when I was younger...

I love this episode so helpful as a 8 month creator 🙌🏽🔥

I’m broke and tired of the corporate life. I want a different life for the remaining of my life. I want to be an entrepreneur. I’m gonna die irregardless of whether I succeed or not but I would rather die trying than to check out right now- which did crossed my mind. I have flipped the switch. I live in Asia. When I’m done, I’m gonna buy a ticket, fly to wherever Bedros is and give him a hug.

Here because you were on Shawn Ryan Show. I'm in smalltown Montana, its difficult to get motivated, driven man talk. Appreciate you sharing Bedros, helps me out.

Currently working on getting my getting my contractor license and starting a new journey in my life. Time to break from the shackles I had put myself in.

I like this one Bedros. It’s good to explain that building savings takes time but can be done. Reducing one’s outgoings and saving/investing (with guidance) so that money multiplies. Also good to highlight looking at oneself to better understand how you can improve your value to your employer.

Thank you for this content. This channel helps me cut out the crap and get back on track.

Thanks for the upload g keep going waiting for the next one

I’ve never seen this guy before and somehow I woke up subscribed to him🤦

Loved the bathtub analogy

No one has gave me more in value then this man!

Priceless!! ... Thank you

Always love your videos Bedros, I learn a lot from your experience. Thank you

Just love this channel ♥️

Hey Bedros absolutely love your work and never miss an episode, I know you have an event coming up, do you need any volunteers for it?

Thanks so much for the shoutout B! Appreciate you!

Appreciate your advice!!!

Good info thank you

Appreciate the intel Bedros 💪🏾

Great episode B! This definitely reminds me of what I read in the book “The Richest Man in Babylon” I have been putting these disciplines into place and man is it life changing!

Thank you sir for all the service you’re doing for all of us Allah bless you and your family shout out from Kosovo 🇽🇰

Gain the lesson's from the Process. On point again sir, thanks for the information on your podcast.

Thank you for everything you do ima single dad of 3 and my 6yld is on the spectrum and I run a buisness I've been educating myself but I'm living week to week your videos have been helping me tremendously thank you thank you thank you

I make damn near 5k a month and I feel like I’m living check to check. I know it all starts w planning/budgeting and being disciplined enough to follow that budget. But shit life happens and I bounce back eventually. I lose my savings bc something popped up or etc… my mindset is just generate more revenue streams and get these raises but continue to maintain my current lifestyle till I’m ready to elevate

Good message

Thanks for the words of wisdom Bedros I've been doing coin collection as a hobby to me going and I great video too man 💯

Practical advice for successful living in the 21st century. You rock

Great Information Bedros!

Thank you Brother Bedros!!!

Thanks for your channel I'm back on track work inout taking care of all that concern me ,making plan for my life now

great content

Thats some great advices, coach Bedros. Thank you for sharing them, and installing the entrepreneur mindset to us your followers! I think, the quickest way to cut expenses is to eliminate the substance addictions. Instead of weed, beer, or cocaine to escape, try meditation or walking in nature. Its more effective and FREE

Bedros, thank you for this amazing podcast as a whole. I’ve been listening since episode 1 and I use some episodes for groups as a therapist at an addiction treatment center for men. I also use your ideas and truths in my own life as a gym owner of 4 small gym and training centers and in building my wealth with investments and will be starting ownership of sober living homes as well soon. I am 5 years clean of poly drug addiction myself. I appreciate your authenticity and real information you share. Gratitude and Much Love Brother

Love you B ❤

Your video is filled with valuable advice on moving from financial struggles to stability and wealth. Can you share a pivotal decision or strategy that helped you on your journey to financial success?

This is my first episode back on watching some of Bedros' content on RU-vid. Great and straight forward insight as always brother. Glad to be back! 😎

RESPECT

Yo I was just thinking about this 😮

Really great video much needed right now best investment is in myself😎💪🏽💯

There are three types of income: Earn, which is taxable Portfolio, which is taxable Passive ,which is None taxable The wealthy uses number Three They reinvest their profits and borrow more money to buy more assets. In order to increase their networth.

Great stuff! I recently cut off my cable and stopped buying fast food. I’m saving more money.

This is my first year making over 100k. I finally doubled my income. My first goal is to pay off debt. My second goal is to is to fix my house(repairing my foundation and putting on a new roof). Then, i want to invest in myself and continue to have income coming in on the side. One question I've wanted to ask you is about retirement plans. Do you think a 401k and other retirement plans are worth it, or should i take that money and invest it elsewhere for a better future?

Im moving out of the west next year, wish I did it earlier

What were those syndicates u mentioned?

Thank you as always for everything you offer to us! And gotta have chanta on here one of these episodes. I love your stories

Hermano muchísimas felicidades! A mi me has cambiado la vida con tus vídeos, sigo batallando la depresión pero ahí vamos pa lante!! Estoy en Fort Lauderdale y cuando vaya a PR por primera vez sin duda haré la parada en tu pizzería!!

Where do you find more information about these real estate syndicates? For small investors 5 - 10k ?

King 👑

Thank you as always, Bedros jan.

I think the education system fails certain kids especially me i was a very intelligent kid at a young age since i was intelligent i always questioned everything so the school system saw me as a threat and dumbed me down putting me in the special classes treated me like i was dumb probably why i always despised the system

I love this ❤ I think the problem some people have is they don't know where to look for help. I will definitely check out Robby! Thank you for sharing your insights with us!

💎

Honestly I had the same thought as the title 5 mins ago. Appreciate this.

Thank you Bedros

Robby Blanchard is the real deal,I am actually part of his network

Stay down til you come up.. is one mistakes that I’ve made. Don’t adjust your lifestyle when you start earning more 😢

Robert Martinez, Tony Stefan real estate investing. SP500. Got a link to these guys? ty Beddy. Imma flippin the switch as we speak. Off running wit push ups in the park. gr8 vid

$15.00 an hr is not a livable wage in Alabama. And Im a supervisor at Office Depot. Im thinking about another job just to survive.

The lowest amount of money at Cardone for real estate that they will allow you to invest is $5000

I began my investment journey at the age of 39, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity

I do work at Taco Bell and in California so yes I'm broke and poor!

Thank you very much for all of your videos. I truly appreciate it!

lol that car insurance is out of tge question these days. theyre on theyre money hunt

Bedrosse can we try not to swear I got my kid listening to you sometimes in car with me thank you!!

Hey team! I’ve got a scenario that I would like some community feedback on. This video has been spot on for my current plan but would like some advice. I have a fiancé and we split all expenses but I am the only one that currently works. We made that decision so that she could focus on keeping the home neat and organized and I could focus on income. I’ve had the same position for 2 years now and have applied for 9 internal promotions the past year. I’ve been the number 2 candidate twice out of the 9 applications. I make around 45k per year salary and have side income around 5k per year. The decision to only have me work has limited my fiancé and my lifestyle but it has allowed me to gain some of those much needed skills for a promotion. The roles I’ve been applying to would see a jump to 60-65k instead of 45k with eventual senior level making around 80-90k before management. My hesitation comes because I’ve been applying for a year and have been told more than once interviews were great, skill set was great, and communication was great but still another candidate was chosen. Should we continue on this path or should my fiancé work for a time to boost our income and create a larger cushion should any unforeseen circumstance arrive?

Thank you for sharing these summit points. What advice would you provide for a single adult whose student loan debts are completely disproportionate to one's income? Loans slaughter my discretionary income (what little there is). While I have mastered skeletal living (never been materialistic), rather the hamster wheel siphons my mind and time so I cannot reach the starting line. It feels paralyzing, because it is.

Make more financial advice content or ways to invest or something. Make a day of the week to money. I enjoyed this and shared it with my little brother!

There’s allot of unrealistic expectations yours saying here bud especially for us young men

Does bedros practice the same religion as Grant?

Bedros I would love to meet you brother. I know you would help take me to that next level

Poor is a mindset and broke means you have no money to afford basic necessities

💪🏽🇺🇸

First and most important tip: Leave USA if you are going to study, since the school system is rigged by the time you are adult, your debt is gonna be crazy. It's easier said than done, but it's smarter if you don't want to be broke. Moving out of USA is going to not only be cheaper for you but also more rewarding considering the stress you don't need to deal with. Don't forget to work at jobs, hard work ALWAYS pays off in the end. Have an amazing day whoever is reading this!

I am broke my fault I didn't follow through when started my own business

People need to live frugally. The pleasure is to make the money not to spend it. That way you soon don't need to work anymore

Isn't the S&P 500 the Opposition?

Bidenomics baby!😅

So easy to say to save up and invest and etc. So easy to put pressure on getting money 24/7 and if you don’t you’re a loser. Please hear me out. Calm down. You got enough time guys… I got money but I’m not wealthy. I’m eating out. I’m using ubereats and I’m getting Starbucks coffee. Chill

Passing Over Opportunities Repeatedly POOR

Taco Bell for $15 a hour? 😂

He is a very handsome man 🤤

Who else is just wanting to hear BK say "cheeto dust, and gelatinous titties that I can milk"? ✋️ jk we love you BK!

Bedros, I love your content, but I have to push back on one point. Thankfully, inflation is not bad enough to lose you 9% per month in a savings account. Even if inflation is at 12%, that is still a 1% per month loss. With all of the great stuff that you would share, I am hesitant to offer any criticism, but in matters of money, accuracy, counts. Get it? Accuracy… “counts”? Sorry, had to throw in some levity.

Don't go broke trying to look rich..

Invest in Tesla. All in. Long-term, you will fly.

SPY is crap, uptrend will not continue forever

if you are so stable why not invest some of that huge amount of money you claim to have made in peoples lives... we live in a generation of hypocrisy! if you truly care and you are not just interested in making money off of us on youtube. Be true to yourself, Be a man! pick someone give them money and show them how to consistently increase it for free or is that so hard to do?

I’m an atheist, but even I know that salesman tend to go to Hell when they die. I used to be one, and I pray to Christ every day…even though I don’t believe in His Dad…that he forgives me for selling extended warranties to my fellow man.

More like since Biden

Quite useless because you talking about strong middle American class. For most people 10k could be yearly wage and that is what actually means being broke and they would dream just to have a better life. So for us who a really broke this info won't help Click bait lol

Are you on steroids?

Bedros!!

🫡🫡🫡 good stuff bedros.