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The Book That Changed My Financial Life 🤑 

Ali Abdaal
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In this episode of BOOK CLUB, we're talking about 14 money rules I follow to build and keep wealth which I learned from reading Morgan Housel's book 'The Psychology of Money'. These lessons have helped to change my outlook and attitudes to money and are super useful to learn early on in your journey to financial independence!
- Sign Up To Curiosity Stream To Get the FULL version of this video with all 14 lessons on Nebula: curiositystream.com/ali
- Buy The Psychology of Money: geni.us/5opc3P
- BOOK CLUB Playlist: • Book Club
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Timestamps:
00:00 Intro
00:26 Lesson 1 - Everyone has different attitudes towards money
01:18 Lesson 2 - Don’t underestimate the importance of luck
01:51 Lesson 3 - Learn to say “this is enough”
04:11 Lesson 4 - Appreciate the magic of compounding
05:30 Lesson 5 - Save as much as you can
06:59 Lesson 6 - Focus on not screwing up
08:13 Lesson 7 - Use money to buy freedom
09:10 Lesson 8 - Getting wealthy is different to staying wealthy
10:18 Lesson 9 - Don’t be a flashy twat
11:17 Lesson 10 - Leave room for error
12:35 Lesson 11 - Avoid extreme financial commitments for your future self
13:45 Lesson 12 - Be reasonable rather than rational
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I’m Ali, a RU-vidr, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (ru-vid.com/show-UChfo..., and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (go.aliabdaal.com/subscribe-su....
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2 июн 2024

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Комментарии : 1,8 тыс.   
@user-es8zy9zr7t
@user-es8zy9zr7t 7 дней назад
The fact that nobody talks about the book Matrix Golden Cashflow Tactics, speaks volumes about how people are stuck in life.
@Aurelijegas
@Aurelijegas 2 месяца назад
its kinda crazy how no one talks about Nixorus and book called Ancient Wealth Wisdom
@Chadinaa
@Chadinaa 11 дней назад
I agree, they have great stuff
@F3RY20
@F3RY20 Месяц назад
I really like how thorough you are and how well you explain everything, and the book is amazing as well. There's also a book I would recommend that you add to your book club called ancient wealth cipher, that book saved me financially and helped me learn things about money I never knew existed and were possible. Anyways keep up the good work!
@EnigmaEarningsExpedition
@EnigmaEarningsExpedition Месяц назад
drop everything you're doing and find an ebook called making money your reality, trust me on this
@Brian.Milligan
@Brian.Milligan 8 дней назад
‼️⚠️⚠️⚠️‼️ Scam Alert.
@rileydawnofficial4335
@rileydawnofficial4335 2 года назад
I love how fast he talks. Doesn’t waste time and gets straight to the point. I appreciate humans like this. I subscribed.
@maximiliankiel2996
@maximiliankiel2996 Год назад
He just sped up his video by 25%, switch the speed to 0,75 to see him talk like every other human 😅. Those RU-vidrs…
@bravokarthi6600
@bravokarthi6600 Год назад
@@maximiliankiel2996 he really speaks fast...
@starmorpheus
@starmorpheus Год назад
@@maximiliankiel2996 Lol what? You can tell it's his normal talking speed. He has podcasts with other people where he speaks the same way. What a strange comment to make.
@bjcee
@bjcee Год назад
Yeah no, I don’t. It’s hard to follow. Thank god for the speed button.
@zakariasoulaymani5364
@zakariasoulaymani5364 Год назад
@@maximiliankiel2996 i
@pearlgirl
@pearlgirl 2 года назад
“Savings = Income - EGO” was my favorite quote
@avenue2revenue
@avenue2revenue 2 года назад
Yeah, everyone should stop keeping up with the Joneses!
@VedavyasRS
@VedavyasRS 8 месяцев назад
Wow, best quote ever 👏😍
@MilionareClub1
@MilionareClub1 3 месяца назад
Best book that I ever read was "Rich People Know This", what I founded inside was miracle. So facinating facts about riches mindes and how they think is banger. Would reccommend to every person who wants to get rich!
@risk-mq6xm
@risk-mq6xm 3 месяца назад
Where Did You Find The Book?
@samonearth9507
@samonearth9507 2 года назад
"There is no reason to risk what you have and need, for what you don't have and don't need." I really liked the quote.
@srourfamily
@srourfamily Год назад
i purchase my home at age 19, and now own 10 houses but will not take risk that "sense of security" Most individuals from previous investing and now broke and dead, because of chasing money that their bodies couldnt keep up!! fools and senseless way of living. Ego and Status Models that rip the soul.
@meganlouise8943
@meganlouise8943 2 года назад
When you stop learning, you get left behind. Never stop educating yourself
@simonethomas9393
@simonethomas9393 2 года назад
I love this, i pray this message gets to everyone who needs it
@simonethomas9393
@simonethomas9393 2 года назад
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.
@danaandrioaie1495
@danaandrioaie1495 2 года назад
@@simonethomas9393 You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass
@danaandrioaie1495
@danaandrioaie1495 2 года назад
Just like bitcoin, got to know about bitcoin from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday
@franknedu1957
@franknedu1957 2 года назад
@@danaandrioaie1495 exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
@andrewcleverly1322
@andrewcleverly1322 2 года назад
When you invest, you are buying a day that you don't have to work. I pray everyone reading this becomes successful.
@andrewcleverly1322
@andrewcleverly1322 2 года назад
@John Alfred Crypt0 investment, but you will need a professional guide on that.
@andrewcleverly1322
@andrewcleverly1322 2 года назад
@John Alfred you can reach out to him now on FB 👇
@andrewcleverly1322
@andrewcleverly1322 2 года назад
@John Alfred Mark J. Ramsey
@myytchannel6632
@myytchannel6632 2 года назад
You stole this comment, FOOL!
@Sallyman5741
@Sallyman5741 2 года назад
@@myytchannel6632 these are investment Bots dont fall for the tricks Theyre all over YT
@augustineboruvka4396
@augustineboruvka4396 Год назад
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
@cliffordmatthew2789
@cliffordmatthew2789 Год назад
We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market
@natalieattkisson7997
@natalieattkisson7997 Год назад
@@cliffordmatthew2789 It's important to have patience in order to build wealth. In fact, patience might be one of the most important factors in lnvesting.
@natalieattkisson7997
@natalieattkisson7997 Год назад
@@cliffordmatthew2789 Sometimes we're the only ones stopping ourselves from moving forward b/c of our emotions. With a strong-willed mindset, anything is possible.
@davidbjorn8891
@davidbjorn8891 Год назад
@@natalieattkisson7997 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my targe
@deannagimenez1744
@deannagimenez1744 Год назад
@@davidbjorn8891 Think long term, personally i ventured into the market so i won’t be stranded after i retire. A colleague of mine introduced me to CFA " HELEN EUGENIO TORRALBA " who drew out retirement plans and they all aligned with what i wanted and had to pick one plan and with her exit and entry strategies on commodities , securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved
@pranb3702
@pranb3702 2 года назад
1. Everyone has different attitudes towards money 2. Don't underestimate the importance of luck 3. Learn to say "this is enough" 4. Appreciate the magic of compounding 5. Save as much as you can 6. Focus on not screwing up 7. Use money to buy freedom 8. Getting wealthy is different to staying wealthy 9. Don't be a flashy twat 10. Leave room for error 11. Avoid financial commitments for your future self 12. Be reasonable rather than rational
@articolo6
@articolo6 2 года назад
whats the rest 3?
@nainashrivastava5908
@nainashrivastava5908 2 года назад
thank you so much !
@vickyvick8294
@vickyvick8294 2 года назад
Thanks
@thanafc5799
@thanafc5799 2 года назад
Thank u very much 🙏♥️
@shirin8402
@shirin8402 2 года назад
thanks to you from the bottom of my heart!
@morganlulu
@morganlulu Год назад
I love that he talks fast and what he says contains no fluff. THANK YOU ALI! I actually am listening and absorbing information.
@joydeepbhattacharjee3849
@joydeepbhattacharjee3849 2 года назад
psychology of money was gifted to me by my wife on my birthday. It is the best book that I have read in recent years. I truly agree with the base assumption of the book that at a personal level money is about psychology, discipline and grit and not about formulas and maths.
@JacquiMwangi
@JacquiMwangi 2 года назад
Ali your videos are always insightful, practical and delivered with no fluff! 🙏🏾
@JeffreyFay
@JeffreyFay Год назад
11:05 I think this was such an important point and I can’t believe how briefly you covered it!
@tshego_ceodesk
@tshego_ceodesk 2 года назад
Morgan Housel was a guest speaker at the CFA South Africa conference this year and I loved his insights and had a mental note to get the book. Now you've convinced me to buy the book and read it over my December leave since I always do personal finance mindset refreshers for my overall life planning. Fantastically done Ali! Thanks
@lenarindegard1203
@lenarindegard1203 2 года назад
I love how fast he talks yet is so clear:). Love his videos! Always great content.
@pnwmax
@pnwmax 2 года назад
new to the channel and here for 2022. love how you share useful and necessary info and so simply that everyone can get at least something lasting from each of these.
@thecliche3467
@thecliche3467 2 года назад
Dude, love you videos, just came across the channel over the last week, and love it. especially these Book Club vids, as an avid reader myself, I do think that 80% of the messages within a self help / progress book can be conveyed in 15 minutes, so loving this form. well done man.
@YTDataAnalyst
@YTDataAnalyst 2 года назад
Looking forward to acquiring ASX stocks what do you think
@Pauldonald21
@Pauldonald21 2 года назад
Traded ASX some years ago but i must say US stocks are vry much okay and of higher value with quicker gains.
@kathleenstoner.n7499
@kathleenstoner.n7499 2 года назад
I too will advise u check US stocks u can get a registrd exprt to do the tradings for u or See *Sandra Yvonne Webster* on the nets she's registrd & vry good. Do your own research.
@dr.karidouglas1312
@dr.karidouglas1312 2 года назад
She was here in Sydney for a seminar. Great speaker, full of humor and rhetorics too. Lol!
@Thompson7888
@Thompson7888 2 года назад
True being on oil & gas for years
@shantanusinghjhala4452
@shantanusinghjhala4452 Год назад
Bro this is my first ever comment on you tube....generally I see videos on 1.5x or 2x speed...but because of your speed I saw this video at 0.75x...but nice work bro👍
@andersonlelis6994
@andersonlelis6994 Год назад
Same here! First time I’ve used 0.75x 😂 Very nice content!
@juleswifey6003
@juleswifey6003 9 месяцев назад
Never thought to do that with Ali. Lol😅
@7february2013
@7february2013 9 месяцев назад
Same here! 😂
@VedavyasRS
@VedavyasRS 8 месяцев назад
LoL 😆 you're right bro 🤣
@jagdishdhami2838
@jagdishdhami2838 8 месяцев назад
​@@juleswifey6003😊
@teegnas
@teegnas 2 года назад
I have read the book and listened to the audiobook on audible ... but I gotta say that this is the best summary of the book on the internet if anyone is looking to reinforce the learnings from the book
@atanasfit
@atanasfit 2 года назад
Totally agree, Sangeet! Such condensed information and structured in the right way.
@matthewrk84
@matthewrk84 Год назад
Is it still worth reading the book having watched this?
@taurustreasury
@taurustreasury Год назад
Your review perfectly captures the essence of this book. It's a must-read for anyone interested in personal finance.
@geniusidea9038
@geniusidea9038 2 года назад
I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.
@jettyung2389
@jettyung2389 2 года назад
Paid off my students loans early putting as much as I could afford from my salary into it, and just as Ali suggests with his mortgage example, it is not the best thing to do at all, but the emotional value of having that weight off your shoulders just gives me peace. In the end, I just want peace.
@angeldeschain0
@angeldeschain0 2 года назад
In the end, you are buying freedom, and freedom is a subjective matter. Congrats
@charisginn6932
@charisginn6932 2 года назад
Same!! I took out student loans my first year and then worked my ass off to pay them down while still in college. It would've been much "smarter" to wait since they weren't accruing any interest at all...but graduating debt free was an amazing feeling and 100% worth it.
@marthaayalew2505
@marthaayalew2505 2 года назад
Am trying to figure out to pay off or invest since what o saved is equivalent of how much I owe! Lol Regardless u did great debt is debt.
@britneyferndx763
@britneyferndx763 2 года назад
@@marthaayalew2505 i wouls say invest half and pay off the other half that way you done have to decide too much
@marthaayalew2505
@marthaayalew2505 2 года назад
@@britneyferndx763 good idea! Thx
@n_kennedy3015
@n_kennedy3015 2 года назад
I watch a lot of your videos, and I should say this is the best video among your other videos. Seriously love what you're doing and keep on!
@numberoneappgames
@numberoneappgames Год назад
The love the candid and open discussion on money in this video. It was definitely worth the watch. 😊💜
@allbymyself4927
@allbymyself4927 2 года назад
I am currently reading this. I love the kindness undertone, the i understand tone of a friend, judgement free zone. It has helped to encourage me to save more.
@abigailchiu
@abigailchiu 2 года назад
I love your book club series the most out of all your content series! Keep the wonderful summaries coming
@Reejix
@Reejix 2 года назад
"Protect your wealth and cure your illness with charity." Imam Ali (AS)
@TheNetworkViking
@TheNetworkViking Год назад
😍😍😍😍😍😍Janam Fidai Haidari... Greatest advices from the master of Believers!
@sbuciec4609
@sbuciec4609 2 года назад
I wish this guy was my teacher at some point in my life. Fast, straight to the point but retained my undivided attention for 16 mins straight and I grasped everything he said😂💯
@fahanibrahimhashi
@fahanibrahimhashi 2 года назад
Love that you discussed the emotional side of personal finance
@PassiveIncomeTips.Travis
@PassiveIncomeTips.Travis 2 года назад
me too!
@mahipalsingh9361
@mahipalsingh9361 2 года назад
This is correct because I had a mortgage on my house and I worked twice as hard and cleared that and to tell you the truth it feels quite good. And once I did that I found out that the sources of income stayed with me and now I can save them and put them in right place.
@Emily-jw1wj
@Emily-jw1wj 2 года назад
I really adore how fast you talk. People ask me to stop talking so fast all the time. But if I slow down I lose my train I thought. Not sure how I subscribed to your channel but I'm glad I did. Thank you
@heinfinance
@heinfinance Год назад
Thank you for making book review videos! I learned many insights from the books just by watching your review video
@NewSaltH2o
@NewSaltH2o 2 года назад
Wow all I can say is that advice is spot on. I am 50ish 100% debt free, no mortgage, paid for basic vehicles and work a job I enjoy. You are absolutely correct on every point you have made. My time is free to do whatever I want because I’m not tied to any debt. Thank God I learned the lessons you are talking about early. Your content is well made and very helpful. Keep up the good work!
@mikegregors3876
@mikegregors3876 Год назад
Your living the dream , i work my hardest to achieve this lifestyle when I am between 40-50 .
@esiedler1
@esiedler1 2 года назад
Acquiring wealth is only half the battle the other half is maintaining your riches
@someonewhocares...2513
@someonewhocares...2513 2 года назад
Oh sod off, will you?
@knilloc8095
@knilloc8095 2 года назад
How are you verified when you don't have a channel
@moosdeboer6469
@moosdeboer6469 2 года назад
its way harder to acquire wealth, this quote is big dumb
@intello8953
@intello8953 2 года назад
What a cringe quote but aight I guess
@Juduh
@Juduh 2 года назад
Repent, trust, and believe in Jesus and be saved. John 3:16“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.”
@jackwyatt9649
@jackwyatt9649 2 года назад
It’s easier to make money now, investors should make more practical moves this coming year and seek guidance where needed since the future is unknown. Stocks with solid operational performance and financial strength, should be considered .
@joerobert1801
@joerobert1801 2 года назад
Investors should anticipate the factors that impact portfolio performance and make decisions based on their expectations.
@noelstout3056
@noelstout3056 2 года назад
I think it’s best for investors to play it safe, No one can say what how the stock market will turn out this year. I bought some stocks I expected to do better but they didn’t.
@seanroger6954
@seanroger6954 2 года назад
@@noelstout3056 you should probably make adequate research on stocks before adding to you portfolio or seek guidance, my portfolio has grown rapidly with the guidance of my FA Dan Raziel who’s helped added dividend paying stocks with regular income despite market volatility and with Dan at the helms of my trades, there’s been increase in my annual earnings.
@rahultoggi4672
@rahultoggi4672 2 года назад
@@seanroger6954 Someone recommended Dan Raziel on an investment webinar I was on, how has he enhanced your earnings?
@seanroger6954
@seanroger6954 2 года назад
@@rahultoggi4672 Dan has greatly enhanced my earnings with huge capital gains and his trades has been life changing. In my first 6 months, he earned me a trade profit of $116,000 with an investment of $18,000. He constantly help identify lucrative positions to earn from and this has helped cleared all my debt, retirement came early with no regrets.
@lmkestep
@lmkestep 2 года назад
Very inspiring and good reminder to be thankful for what we already have! Thank you Ali.
@BusinessAuthorAcademy
@BusinessAuthorAcademy 2 года назад
As a money book writer, I liked the pointing out that you need to have limits in place. In my book, I talk about greed (the HIH scandal) and how our emotions rule our money decisions more than we think.
@carlyndolphin
@carlyndolphin Год назад
I’m greedy.
@wilsonjudson1650
@wilsonjudson1650 2 года назад
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
@fredrickconte6270
@fredrickconte6270 2 года назад
you are definitely right , waiting on the government is a big waste
@wilsonjudson1650
@wilsonjudson1650 2 года назад
Investments are the stepping Stones to success especially if you been guided by a professional
@williamjohn1374
@williamjohn1374 2 года назад
Investing is good but investing in the right thing is the actual key to success . who is your pro ?
@wilsonjudson1650
@wilsonjudson1650 2 года назад
That was exactly what I did, I trade with a professional stock expert "VIVIAN KLAINE MORGAN " who i met in one of the seminars..
@wilsonjudson1650
@wilsonjudson1650 2 года назад
There are so many investment out there but if profits must be considered then not all investments are good to go into.
@rg1283
@rg1283 Год назад
This is absolutely the finest financial advice I've seen in RU-vid. Thank you
@The-prosperity-Hub
@The-prosperity-Hub Год назад
Hey Ali. Tnx for an amazingly elaborate review of The Psychology of Money. You summary is so precise but covers all aspects of this books. I hate listening to king speeches and videos and I have to say you made it so interesting for on to listen and grasp the lessons as I’m currently reading the book and enjoy listening to reviews after every reading chapter. 🌹
@chikaadiele3155
@chikaadiele3155 2 года назад
Lesson 1, 9, 10, and 12 were my favorite when I initially read this book. Understanding that who you are and where you are from and your relationship around money will impact your finances. It’s made me much more compassionate towards others. Not to mention, people think I’m crazy when I tell them my dream car is affordable, has a good stereo system, low maintenance, and is good on gas. No range rovers or Ferraris for me! 🤣 Emotions play a big role in finances. This is a book everyone should read honestly! I loved hearing your insights since you focused on points in way I hadn’t thought about before. Sharing this with my book club friends. Thanks!😁
@DrPatrickKingsep
@DrPatrickKingsep 2 года назад
Hey Ali, Thanks for being so refreshingly honest and real. I found you via David Perell with him recommending your Part-Time RU-vid Academy.. I missed the deadline for this cohort but I signed up for your waitlist. In the meantime, I thought I might just check out your actual YT channel to see who this Ali is. My goodness, your good. I came here looking to see whether I could learn something about your style....but before I could, your content certainly grabbed my attention. To think, I just came to see your style, so as to prepare me for joining your YT program, but your great content piqued my interest too. Thank you!
@PhilippayFiasco
@PhilippayFiasco Год назад
The lesson of being reasonable over being rationale is perhaps the one that spoke to me the most. Awesome video!
@nsivils81
@nsivils81 8 месяцев назад
Normally I listen to RU-vid videos at 1.5 speed but you did great. Just my speed! great content, i subscribed! Looking forward to learning more!
@npvishwajith3398
@npvishwajith3398 2 года назад
I just finished reading it yesterday. One of the best books about money everyone should read.
@WarMatt86
@WarMatt86 2 года назад
"Some people are so poor, all they have is money." - Patrick Meagher Love Lesson 7 ✌
@MariyaKapasi
@MariyaKapasi Год назад
Hi Ali, I truly enjoyed this video. I enjoy a lot of the content you put up but this video I particularly enjoyed for the art direction. I thoroughly enjoyed reading the book and the way your video is filmed actually makes me feel like I am sitting with a friend sharing about a book I enjoyed reading. PS My friends and I have a tiny book club and I look forward to BookClub Saturdays!
@baycas
@baycas 2 года назад
Great review! I just finished reading the book last night and I couldn't agree more with your statement.
@parisjones9328
@parisjones9328 2 года назад
Excellent recap! My boss read this book and I think it was lost on him and he didn’t recommend it. I’m definitely going to pick it up now! Love how your priorities have shifted over the time I’ve watched and reminds us all that money doesn’t have to change people for the worse. Great stuff Ali thank you
@felixomoro9450
@felixomoro9450 8 месяцев назад
I loved the part where you said that; Your wealth is counted in the money that you have not yet used.
@createwithasma7321
@createwithasma7321 2 года назад
I honestly appreciate the video.Thank you !!
@devkumar3340
@devkumar3340 2 года назад
Good material and emotional inventory check list. Thanks.
@YoshiGO71
@YoshiGO71 2 года назад
Looking forward to see more books summary. Great advices and good video quality 👏
@PassiveIncomeTips.Travis
@PassiveIncomeTips.Travis 2 года назад
same
@ChrisInmanDrums
@ChrisInmanDrums 2 года назад
I needed this! Going into the new year with a renewed focus on getting good with money (not that I’m the worst, but…). Want to invest loads into this channel and for that I need 💰💰🤷🏻‍♂️ Gonna get this book to read in full. Thank you man 🙏🏼
@cosmasmbah5358
@cosmasmbah5358 2 года назад
Thank you so much! This is one of the most Amazing videos I've watched in a while.💙
@insyirah21
@insyirah21 3 месяца назад
I'm so glad I found this channel, very helpful. Thanks
@ShivanS
@ShivanS 2 года назад
"50 Shades of Grey", the most productive ruler/line guide drawer.
@keltz5028
@keltz5028 2 года назад
Many on RU-vid summarizing this book… best is yours. You captured the points well and explained it clearly. Could have done away with background music and playback speed slowed to 0.75
@reubenjedidiahchipemba1608
@reubenjedidiahchipemba1608 Год назад
Thank you for sharing these lessons, they have actually changed my all views on the psychology of money. Thank you.
@AnnReadsGreatBooks-rn9jp
@AnnReadsGreatBooks-rn9jp 12 дней назад
Thank you! This was the best review of this book I have experienced. I have listened to Many reviews but I could not be convinced to sacrifice a credit from Audible. However it was the way you outlined and gave concise and clear points. After your review I ordered the book on Audible. Yay! Thanks again!😘
@andrewgiang7521
@andrewgiang7521 Год назад
Sounds like an amazing book. Funny enough, a lot of these I have already shared same values. But hard to find like minded. Glad to see there must be many who share these goals
@romelindareyes7337
@romelindareyes7337 2 года назад
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for
@kelvinl.3875
@kelvinl.3875 2 года назад
👌
@kelvinl.3875
@kelvinl.3875 2 года назад
A great work demands a great sacrifice.
@benildabituin1531
@benildabituin1531 2 года назад
Speaking about investing, I have been finding a hard time choosing what to invest on, anyone with ideas to help me with?
@colegaligger7072
@colegaligger7072 2 года назад
@@benildabituin1531 I'm into real estate investing
@colegaligger7072
@colegaligger7072 2 года назад
Real estate lets people grow their net worth by amassing more properties. Its a good long term investment idea due to appreciation
@fuadfusm
@fuadfusm Год назад
Ali, I want more and more this type of videos from you. ❤️
@LifeOfFahimFaysal
@LifeOfFahimFaysal 2 года назад
Extremely valuable information! Can't thank you enough for creating and sharing this video. :)
@hopeinparis
@hopeinparis 2 года назад
There's a ton of important ideas in this video and I suggest, even to native Engish speakers, to use the settings to slow the speed to 75% : this will greatly increase your ability to truly assimilate the information. Thank you for a good post, Ali.
@NataliaNNS
@NataliaNNS Год назад
When the video started, I checked my settings to see if I’d accidentally chosen 1,5 or 1!75 speed 😅
@Ahem2002
@Ahem2002 2 года назад
making money (offence) and saving or conserving money (defence) are opposite moves. I think they come together, so you can't be offensive/defensive all the time in financial management, it needs to be both.
@tanmaymiddha1988
@tanmaymiddha1988 2 года назад
What a brilliant video, simplified the learnings so much. Thank you
@AbacusAxolotyl
@AbacusAxolotyl Год назад
I’ve watched so many of your videos and only recently realised that you always dynamical enter the video in some way and it’s brilliant 😂
@jessopedia-J
@jessopedia-J 2 года назад
"This is enough " my favorite...thanks Ali for this great video 👍
@user-cd6ny9yp9y
@user-cd6ny9yp9y 2 года назад
People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
@jephasonaderson5596
@jephasonaderson5596 2 года назад
Profitable Investment one can do convenantly at this moment are
@jephasonaderson5596
@jephasonaderson5596 2 года назад
: Estate : Share : Stocks market
@cedricjiosh6935
@cedricjiosh6935 2 года назад
Forex trading is really profitable, investing in it now will be the wisest thing to do especially with the current rise in bitcoin
@desmondlius7643
@desmondlius7643 2 года назад
@@cedricjiosh6935 you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
@tressygibson7198
@tressygibson7198 2 года назад
Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected
@abdellahalaouimhammedi3084
@abdellahalaouimhammedi3084 2 года назад
One of my favorite books , a must read for everyone interesting by financial freedom
@Richardsondx
@Richardsondx 2 года назад
I loved this book! :) This is one of the best book on finance I read last year. I read it 3 times - The audiobook is also great by the way
@busembertiz7372
@busembertiz7372 Год назад
The book was very shallow. If u liked that book that means u haven't read financial books enough.
@svenoliver6040
@svenoliver6040 3 месяца назад
Ali is beyond amazing. “How to secure wealth”
@svenoliver6040
@svenoliver6040 3 месяца назад
Making money is action, keeping money is behavior and Growing money is knowIedge.
@svenoliver6040
@svenoliver6040 3 месяца назад
I am fortunate I made productive decisions that changed my life forever (accumuIated over a MiI) through my finance-mentor. I'm a single parent, bought my house in January and hoping to retire at 53 by next year.
@svenoliver6040
@svenoliver6040 3 месяца назад
sear ch the name, lf you care.
@svenoliver6040
@svenoliver6040 3 месяца назад
*Rebecca Martin Watson*
@gabytrumbull7880
@gabytrumbull7880 3 месяца назад
im amazed to partake on this, lt has rekindled the fire to my goals..
@mvanwie
@mvanwie Год назад
Goes to show the prominence of financial education, help and advice. Definitely adding to my collection
@makoltour7652
@makoltour7652 3 месяца назад
This is one the summary I been dying to equip.i really appreciate the helpful information
@isabellaharper3493
@isabellaharper3493 2 года назад
STARTING EARLY IS THR BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
@charleslapson4939
@charleslapson4939 2 года назад
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
@charleslapson4939
@charleslapson4939 2 года назад
Cryptocurrency is a very good option if you would like to trade online.
@mohammadmurphy3927
@mohammadmurphy3927 2 года назад
@@charleslapson4939 Please enlighten me more about trading
@mohammadmurphy3927
@mohammadmurphy3927 2 года назад
I heard there are Expert who knows how to forecast the 📈 very well.
@charlottegomez5279
@charlottegomez5279 2 года назад
Because a lot of investors are confused about how the traders use their money
@SuccessWithSam
@SuccessWithSam 2 года назад
Ali’s transparency and honesty has really motivated me to live my truest life.. whether he is a doctor or a youtuber.. his insights are priceless 👏🏽 🚀 🌙
@mariamnagujjatheladiesguid8757
@mariamnagujjatheladiesguid8757 2 года назад
Just got to watch you today but I feel like not stopping.... wow... thx Ali
@Lv_Av
@Lv_Av 10 месяцев назад
Thank you for your time and effort!!
@mo-hammadabunaser1367
@mo-hammadabunaser1367 2 года назад
Generational wealth, that's the goal. Thanks for the video, seems like a great read.
@LearnwithMamun
@LearnwithMamun 2 года назад
Ali, you're the inspiration of thousands young RU-vidrs.
@OliviaAmbani
@OliviaAmbani 2 года назад
Thanks for this!! Learnt so much, even got the book so excited to read it!
@scarletth.5835
@scarletth.5835 2 года назад
So happy to find your channel!
@heckyesitsjess84
@heckyesitsjess84 2 года назад
Thank you so much for helping me read this book without reading this book. Great overview.
@VoicesofAncientEgypt
@VoicesofAncientEgypt 2 года назад
While these points aren’t totally new to me, hearing about them this way makes them great reminders to stay on the path. As my business has changed, it has definitely changed money behavior and ideas, so it’s great to be reminded of these things and recenter myself.
@Juduh
@Juduh 2 года назад
Repent, trust, and believe in Jesus and be saved. To repent means you confess your sins (the acts and thoughts that are wrong according to God and His Word) and ask for forgiveness with sincerity. Once you do this, strive to no longer do those wrong/sinful things, but do what is right according to God’s Word. It’s not by doing good things that you are saved but by trusting and believing in God and His grace/mercy. John 3:16-17 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.
@ALCAPONE5655
@ALCAPONE5655 Год назад
This book summary is the best financial advice you can give to anyone. One of the key lessons is that wealth accumulates over time, there’s no such thing as get rich quick scheme!
@jeffreyd508
@jeffreyd508 2 года назад
You gotta stay alive in the markets to make it long term. YOU MUST CONTROL RISK/DIVERSIFY! You gotta fly straight. First rule of making money is to not lose money. Remember what Frank told Tony Montana in Scarface? "Remember when I told you when you first started working for me, the guys that last in this business, are the guys who fly straight. Low-key, quiet. But the guys who want it all, chicas, champagne, flash ... they don't last. You know what a Chazzer is? It's a Yiddish word for "pig." See, the guy, he wants more than what he needs. He don't fly straight no more." Ask yourself if youre a Chazzer, or investing rationally for the long term
@evansvan5748
@evansvan5748 2 года назад
Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
@puntocripto3216
@puntocripto3216 2 года назад
After watching so many RU-vid tutorial videos about trading I was still losing
@AndrewEthanZeng
@AndrewEthanZeng 2 года назад
The fact you did not go down the Dubai tax haven route to instead choose a “simpler” life with friends and family speak volumes about your great character Ali! So much respect ☺️
@williamjames2026
@williamjames2026 2 года назад
Great post. I just received my withdrawal from stock and forex trading while viewing this video.
@clintonjerry7910
@clintonjerry7910 2 года назад
Learning a good trading strategy can make anyone consistent profits and withdrawal from the stock markets. I made 6 fig today from the financial markets. I use First Trade Markets what about you?
@williamjames2026
@williamjames2026 2 года назад
FTM - First Trade Markets is a very popular broker
@Sonny0276
@Sonny0276 2 года назад
Great Video. Thank you for posting.
@yassnoir3873
@yassnoir3873 2 года назад
This video is amazing!! Thank you Ali.
@VoicesofAncientEgypt
@VoicesofAncientEgypt 2 года назад
Love how you work in cameos for Twilight on the regular 🤣
@PenandPaperScience
@PenandPaperScience 2 года назад
Money should be the tool that allows us to live a life of unobstructed self-expression., i.e. taking care of the basics. Having said that, most people overestimate how much money is needed for that. Keep it up♥
@littleninjai222
@littleninjai222 8 месяцев назад
Very well done! Great video. I sent this link to my kids to watch. A great video summarizing MONEY.
@kateseverein7650
@kateseverein7650 2 года назад
Excellent + refreshing, thanku
@totti9521
@totti9521 2 года назад
One thing is to acquire wealth, another is to maintain it. There's so much work in keeping a stable financial state
@nkpapi989
@nkpapi989 2 года назад
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning?? I would appreciate
@howeross336
@howeross336 2 года назад
@@nkpapi989
@karimdarcy5533
@karimdarcy5533 2 года назад
@@howeross336 It's great to see someone talking abt Jennifer, trading alone can be very dangerous, I can attest to that. This woman was a game changer for me. Access to good information is what we need to get ahead financially in life.[..
@udell7175
@udell7175 2 года назад
@@nkpapi989 It’s Simple to reach her through her telgram page with the name.).
@udell7175
@udell7175 2 года назад
@@nkpapi989 Which is Irishfortune
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