Simple Steps to Financial Freedom

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  • čas přidán 15. 07. 2024
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    ☝Get exclusive videos & support this ad-free channel.
    📚 Here are some books that helped me on my own personal finance journey. I wouldn't have been able to get out of debt or make this video without them...
    (Some are affiliate links. All are my genuine recommendations)
    The Total Money Makeover: amzn.to/37srCVp
    I Will Teach You to Be Rich: amzn.to/37rxEFx
    Money Master the Game: amzn.to/2SppU2B
    Hi my name's Matt & I make videos on this channel every week about minimalism, lifestyle design & habits. Subscribe if you'd like to see more from me.
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Komentáře • 7K

  • @mattdavella
    @mattdavella  Před 5 lety +2025

    If you're looking to get started on your path to financial freedom I'd recommend reading the books below. I wouldn't have been able to get out of debt or make this video without them. Let me know any other great resources that have helped you...
    The Total Money Makeover: goo.gl/jg55WS
    I Will Teach You to Be Rich: goo.gl/B1iES2
    Money Master the Game: goo.gl/e23iZZ

    • @rad-man
      @rad-man Před 5 lety +22

      My favourite is The Barefoot Investor :)

    • @nigela1867
      @nigela1867 Před 5 lety +19

      Dude! This info is a fucking God send! THANK YOU!!

    • @shubhangirathore011
      @shubhangirathore011 Před 5 lety +14

      Thanks Matt - Financial advice in a minimalistic way!

    • @TDB87
      @TDB87 Před 5 lety +5

      What's the formula for your project snowball spreadsheet

    • @abigailquevedo7040
      @abigailquevedo7040 Před 5 lety +5

      I love your channel and your podcast! is becoming my new favorite!!

  • @christopherpaul5
    @christopherpaul5 Před měsícem +1017

    Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that one can achieve alot if goals are set right. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.

    • @ritalorrigan
      @ritalorrigan Před měsícem +3

      Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?

    • @ScottArmstrong12
      @ScottArmstrong12 Před měsícem +2

      Since the inception of my business, I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k.

    • @KevinClarke9
      @KevinClarke9 Před měsícem +2

      Mind if I ask you to recommend this particular coach you using their service?

    • @ScottArmstrong12
      @ScottArmstrong12 Před měsícem +2

      Carol Vivian Constable is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @KevinClarke9
      @KevinClarke9 Před měsícem +2

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance.

  • @Veni_Vidi_Vici101
    @Veni_Vidi_Vici101 Před 5 lety +10193

    Money cant buy happiness but poverty cant buy anything.

    • @Veni_Vidi_Vici101
      @Veni_Vidi_Vici101 Před 5 lety +10

      @TheFreedomMindset I want to read that book. People say that its great. Probably it will be my next book.

    • @victorpeixoto5792
      @victorpeixoto5792 Před 5 lety +1

      Nando Moura quote ? hahaha

    • @markangelosambrano1740
      @markangelosambrano1740 Před 5 lety +24

      Happiness is a choice. :)

    • @3litepker
      @3litepker Před 5 lety +10

      Ultimate happiness has no monetary value so at least you can still be happy even if you're in poverty.

    • @brx926
      @brx926 Před 4 lety +74

      Money can fucking buy happines. Lets be honest here, you would be more happy to live in a mansion then in an average apartment/house. You would be happier to buy your dream car. Its a fact you cant argue with it.

  • @seljukchang1442
    @seljukchang1442 Před 5 měsíci +4900

    There are always new challenges and a constant need to stay updated with stock market news, current regulations, industry trends, and the latest financial products.

    • @ericparades8533
      @ericparades8533 Před 5 měsíci

      As the stock market continues to expand, there are plenty of opportunities to work with international clients and manage foreign investments.

    • @lemonpickford8089
      @lemonpickford8089 Před 5 měsíci

      Investment management offers global opportunities.

    • @natashadorsey7570
      @natashadorsey7570 Před 5 měsíci

      I strongly believe that with the assistance of an expert financial advisor, one is capable of achieving great benefits

    • @choounling201
      @choounling201 Před 5 měsíci

      By staying informed, you can make better decisions about when to buy and sell assets to maximise your returns. Bianca Harley Doran an expert financial advisor transformed everything concerning my finances.

    • @donovanevans6514
      @donovanevans6514 Před 5 měsíci

      Honestly, The final step in successful investment management is staying informed and up-to-date on the markets.

  • @AUSARRIGHTHAND
    @AUSARRIGHTHAND Před 4 lety +1964

    Life isn’t about money, it’s about the moments...but 9 times out of 10 money helped create those moments.

    • @ramikla_146
      @ramikla_146 Před 3 lety +52

      I don’t want to work a dead end job
      School is useless
      Corruption is everywhere

    • @redpill7623
      @redpill7623 Před 3 lety +20

      how can you travel if you dont have money to buy gas?

    • @ramikla_146
      @ramikla_146 Před 3 lety +14

      If you don’t have money to buy real food
      I’m not talking about all that processed crap like ham, pop tarts and sodas
      I’m talking about grass fed grass finished steaks , vegetables, fruit, pasture raised eggs etc.

    • @marvinschumann6832
      @marvinschumann6832 Před 3 lety +5

      @@ramikla_146 and how will you pay for that?

    • @theworldisimmense
      @theworldisimmense Před 3 lety +13

      Sure but money is what will get you those great life moments. If you just a broke fuck, where can you go to enjoy your life moments? The park? Something free? No you need money to travel and all that

  • @ChessMasteryOfficial
    @ChessMasteryOfficial Před 5 lety +5863

    *Someone is sitting in the shade today because someone planted a tree a long time ago. ○*

    • @jesseacummins
      @jesseacummins Před 5 lety +30

      Discover Your Awesomeness:
      the berry on plant
      provides food. will provide shade.
      start thinking long-term.
      -- Poem Moves the Pen

    • @BeyondPrideMF
      @BeyondPrideMF Před 5 lety +8

      Beautiful

    • @DJ_Kartier
      @DJ_Kartier Před 5 lety +18

      naa them trees plant themselves

    • @antonyloodus
      @antonyloodus Před 5 lety +6

      me in the park at the moment, watching this video🙏

    • @kevinharrington3292
      @kevinharrington3292 Před 5 lety +3

      don't just sit in the shade, pick the fruit and make some $$

  • @yazlin7283
    @yazlin7283 Před 4 lety +2981

    i be learning more on the internet, than in school

    • @GEMP3000
      @GEMP3000 Před 4 lety +36

      School is for n-word’s

    • @investingtv3262
      @investingtv3262 Před 4 lety +67

      School is made to make you a good citizen, not wealthy.

    • @mjt1517
      @mjt1517 Před 4 lety +33

      Next stop, English lessons! Totally free...all on CZcams.

    • @mjt1517
      @mjt1517 Před 4 lety +30

      @@GEMP3000 that's funny...racists like you used to say non-whites shouldn't receive an education. Fascinating to see how racists change over the years.

    • @alexderrickson3576
      @alexderrickson3576 Před 4 lety +14

      So, I’ve been in college as an aspiring financial planner and accountant and what I’ve learned is that the internet is a great tool. School is best for teaching people how to think critically. (Let me specify; college is great, high school is not.)

  • @YFolermira
    @YFolermira Před 7 měsíci +460

    Having harbored financial concerns throughout my entire adulthood, it's intriguing to watch this video and recognize the potential for significant achievements with proper goal-setting. Experiencing the freedom of not being consumed by financial worries that haunted me for numerous years is genuinely liberating. I believe this is the outcome of consistently putting in diligent effort for the future.

    • @Rodxmirixm
      @Rodxmirixm Před 7 měsíci +1

      Impressive insights! Navigating and staying informed can be challenging for newcomers. Are you an experienced investor, or do you adopt a systematic approach to stay well-versed?

    • @VickyAlvy
      @VickyAlvy Před 7 měsíci

      Impressive! Keen to benefit from seasoned advisors amid current challenges. Can you share your advisor's name for supervision?

  • @evelynscarlett7983
    @evelynscarlett7983 Před 3 měsíci +19

    Matt is amazing. *“How to build wealth”*

    • @evelynscarlett7983
      @evelynscarlett7983 Před 3 měsíci +1

      The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

    • @evelynscarlett7983
      @evelynscarlett7983 Před 3 měsíci

      I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns.

    • @evelynscarlett7983
      @evelynscarlett7983 Před 3 měsíci

      For more info
      FinanciaI-PIanner Rebecca Mart-Watson (in fuII).

  • @Cassiearan
    @Cassiearan Před 5 lety +13

    There's no way you were born to just pay bills and die. Strive to become financially secure that you forget that it's payday! It's how you control money instead of letting it control you! This is an important mindset to have as an entrepreneur like us. Let me share you our story :) We own a cookie shop business in our college town. When we first started it, we were living in our car with very little direction, just a huge passion to be successful. We just graduated college as well. We started the late night cookie shop out of a local bagel shop in their off hours at night. We were living in our car in the parking lot of the shop at the time with my boyfriend, Bran. It was a crazy experience but it worked! We became a success! And how we have our first storefront location (a second launching in January!) We started it to fund a year long backpacking trip around the world and to be successful while living the life of our dreams.

  • @TheLifeFormulaa
    @TheLifeFormulaa Před 5 lety +579

    Debt is no joke. We all need to be more financially literate

    • @camerondye6108
      @camerondye6108 Před 5 lety +9

      The Life Formula not all debt is bad. Consumer debt is.

    • @nichtich4633
      @nichtich4633 Před 4 lety

      Cameron Dye not even in all cases. If a consumer debt pushes your mindset to a point, where you would benefit in the long term by more motivation, then I think even a consumer debt is considerable. But that’s sure not for everybody the case.
      ( english is not my mother tongue so please excuse any mistakes in grammar or spelling ;) )

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you........

  • @rannyorton
    @rannyorton Před 8 měsíci +206

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @belljoe
      @belljoe Před 8 měsíci +2

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @dawsondanny990
      @dawsondanny990 Před 8 měsíci +2

      The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...

    • @smithlenn
      @smithlenn Před 8 měsíci +2

      This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down

    • @ivankagel9949
      @ivankagel9949 Před 8 měsíci +5

      Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000

    • @smithlenn
      @smithlenn Před 8 měsíci +1

      Fantastic! can u share more details?

  • @CameronLeNguyen
    @CameronLeNguyen Před 4 lety +796

    I watched this video a year ago when it first came out. I was still $15,000 in student loan debt during my last year of university, my wife had just had our first baby, and I was the sole provider. I made a spreadsheet just like you did and talked it over with my wife and we decided to work extra hard to live frugally and graduate debt free. I’m excited to say that I just paid off the last $5000 of my student loan debt last week and we are officially debt free - none at all. It’s so liberating. Thank you Matt for helping inspire us to achieve this goal!!

  • @yancycapri
    @yancycapri Před 5 lety +2550

    1. Create an emergency fund
    2. Pay off your debt
    3. Create a runway
    4. Start a retirement fund

    • @kicatygoodidea4650
      @kicatygoodidea4650 Před 5 lety +58

      so - became a vegetable for 6 years to pay your debt, then became a vegetable to save your money for retirement :) easy peasy
      !

    • @ceceblooms8666
      @ceceblooms8666 Před 4 lety +16

      What's a runway please ?

    • @jotunheim5302
      @jotunheim5302 Před 4 lety +12

      @@ceceblooms8666 Savings - Put aside so you can deal with a very bad situation.

    • @JohnSmith-dq4dx
      @JohnSmith-dq4dx Před 4 lety +2

      ok but runways are expensive to build

    • @allant5608
      @allant5608 Před 4 lety +1

      @@jamesnewton21 Hey ! I'm french and I don't understand what "runway" means. Can u explain in few words pls :)

  • @Hijazii1
    @Hijazii1 Před 5 lety +1493

    To be completely honest, I think most people really wouldn't mind if there were ads on your channel. Well at least I know that I wouldn't mind. The content on this channel is good enough to endure a few ads

    • @P4fashion
      @P4fashion Před 5 lety +43

      Youseff Hijazi I totally agree. I just discovered him a few months ago and he is great.

    • @Nerdle777
      @Nerdle777 Před 5 lety +41

      What are you saying?!?! Shhhhhh! Sign up for his patreon lol

    • @alexreid1173
      @alexreid1173 Před 5 lety +103

      I completely agree. I can’t afford to give him money on Patreon, but I’d be more than happy to sit through an ad.

    • @SabaandChic
      @SabaandChic Před 5 lety +1

      @@alexreid1173 Me, as well.

    • @mescellaneous
      @mescellaneous Před 5 lety +26

      @@alexreid1173 that would go against his whole minimalist philosophy lol.... that somehow, his revenue should depend on a bunch of people wasting seconds, minutes of their lives?
      in a perfect society, this is absurd. in an imperfect society, as in today's, ads are already prevalent.
      practically, he could. but once a person gets rich enough, they start to donate that money back anyhow. here, he decides to not waste anyone's time with ads in the first place.

  • @paulmary-zv9se
    @paulmary-zv9se Před 8 měsíci +111

    The key to financial freedom and wealth is someone ability to convert earned income into massive profit to build generational wealth.

    • @idownadesanya-bw9px
      @idownadesanya-bw9px Před 8 měsíci +7

      You are right to be wealthy you have to trade, earn and live your life as you please, Don't say tomorrow when you can do it now. Don't continue watching others earn when you can.

    • @danchristiana4370
      @danchristiana4370 Před 8 měsíci +7

      ​@@idownadesanya-bw9pxi thought the best way to build massive wealth for the next generation is to consistently invest in business and guard them grow

    • @johnsongeorge-tw4wu
      @johnsongeorge-tw4wu Před 8 měsíci +6

      ​@@danchristiana4370many people are really ignorant of the massive income in investment and that has been the major reason limiting their trading.

    • @johnsongeorge-tw4wu
      @johnsongeorge-tw4wu Před 8 měsíci +6

      sometimes, I'm wonder how am earning more than expected since last month, trade 0.50 BTC last week and with portfolio was able to earn 2.30 BTC in few days,I'm so happy

    • @paulmary-xq1mt
      @paulmary-xq1mt Před 8 měsíci +5

      ​@@johnsongeorge-tw4wuwell, investing in Bitcoins doesn't guarantee you winning, the faculties to make profit off your capital is what makes you win.

  • @raphaeldouglas9361
    @raphaeldouglas9361 Před 2 lety +79

    Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.

    • @tianalucas8147
      @tianalucas8147 Před 2 lety +1

      Yeah! I agree with you sir.If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.

    • @juliagoncalves4082
      @juliagoncalves4082 Před 2 lety

      @@tianalucas8147 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.

    • @sabrinaslime4493
      @sabrinaslime4493 Před 2 lety

      @@juliagoncalves4082 That's very correct
      And that is why most of them end up losing they money don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before I n v e s t I n g.
      Learn and get the knowledge first before investing..

    • @sabrinaslime4493
      @sabrinaslime4493 Před 2 lety

      People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way

    • @JuanVillegas.
      @JuanVillegas. Před 2 lety +2

      @@sabrinaslime4493 Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing.

  • @ipodswag
    @ipodswag Před 4 lety +1430

    Yo, I only have two dollars but this video made me feel like I'm going to be a millionaire.

    • @RealLifeMoney
      @RealLifeMoney Před 4 lety +52

      Its all about the mindset, not our wallets in the beginning

    • @daejonmoody3304
      @daejonmoody3304 Před 4 lety +1

      You can be just live on less than you make

    • @baasaankammarajumudhiraj
      @baasaankammarajumudhiraj Před 4 lety

      All the best,,👍👍👍

    • @traviswilliams1296
      @traviswilliams1296 Před 4 lety

      Nick Scuderi - RealLife Money very true

    • @RussM87
      @RussM87 Před 4 lety

      It's very possible. Just make smart decisions and invest at least a little. Work hard and stay away from drugs. A millions seems far away but with compounding interest it's very possible for anyone

  • @LesterDiaz
    @LesterDiaz Před 5 lety +426

    Realest video I’ve seen on the subject of money. I’ve been broke with negative balance on my bank account to now making six figures online with my businesses and can tell you, more money won’t make you happy, but it will make your life easier. The ability to help someone in need, not worry about bills and be able to save instead of living paycheck to paycheck is far more valuable than aiming for a ferrari or mansion.

    • @Swavvy116Xrs
      @Swavvy116Xrs Před 5 lety +4

      If i may ask what about your social group? Are they with you succeeding or your the only one?

    • @klutz3955
      @klutz3955 Před 5 lety +2

      Thanks for sharing your experience.. may i ask how you started doing business online?

  • @wengokaluba4104
    @wengokaluba4104 Před 3 lety +55

    Step 1: Create an emergency fund ($ 1,000)
    Step 2: Pay off your debt
    Step 3: Create a runway (6-12 months of your monthly expenses)
    Step 4: Start a retirement fund

  • @matturner8
    @matturner8 Před 5 měsíci +299

    Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

    • @KevinClarke9
      @KevinClarke9 Před 5 měsíci +5

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @LukeMcfarlane5
      @LukeMcfarlane5 Před 5 měsíci +4

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January last year, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @MarkGrimm8
      @MarkGrimm8 Před 5 měsíci +1

      Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

    • @suzannehenderson5
      @suzannehenderson5 Před 5 měsíci +3

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

    • @LukeMcfarlane5
      @LukeMcfarlane5 Před 5 měsíci +3

      Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @jaysteelguitar672
    @jaysteelguitar672 Před 5 lety +1867

    Every single one of your videos is insanely helpful and interesting to watch! Best CZcamsr out there!

    • @yukplee
      @yukplee Před 5 lety +2

      JaySteelGuitar for reals!

    • @jaysteelguitar672
      @jaysteelguitar672 Před 5 lety +4

      The Love U Give There’s also something incredibly aesthetically pleasing about his videos!

    • @jaysteelguitar672
      @jaysteelguitar672 Před 5 lety +1

      The Love U Give He makes anything seem super interesting and it’s great!

    • @mattdavella
      @mattdavella  Před 5 lety +12

      Thanks, Jay. I really appreciate that.

    • @jaysteelguitar672
      @jaysteelguitar672 Před 5 lety +1

      Matt D'Avella Wasn’t expecting a reply! I feel honoured!

  • @ZacharyLaid
    @ZacharyLaid Před 5 lety +633

    Money doesn’t buy happiness, it buys more freedom

    • @huntingforwifi7215
      @huntingforwifi7215 Před 5 lety +1

      I Like this!

    • @crc0518
      @crc0518 Před 5 lety +8

      Money provides options.

    • @berkinadil8113
      @berkinadil8113 Před 5 lety +8

      And freedom comes with happiness.

    • @austinsftw
      @austinsftw Před 5 lety

      so freedom is bought

    • @DeezBallzz
      @DeezBallzz Před 5 lety +4

      Money will make you happy..cuz you will have freedom to do whatever you like that will make you happy...duh

  • @raymanmorrison3994
    @raymanmorrison3994 Před 11 měsíci +1101

    This is impressive content you have here, There's something I'd always share concerning working with a financial professional can actually help you prepare for life financial struggles. I'm glad I was able to call my coach John Desmond Heppolette since I was actively cashing out from my portfolio and finally made over 370k just in the first quarter while everyone else was crying about the downturn. early this year.

    • @joshhushed5890
      @joshhushed5890 Před 11 měsíci

      I do really appreciate the advice, Finding your coach online was a simple process. Before we planned our phone call, I checked him up online. Based on his online resume, he appears to be Smart.

    • @Hermanjackson89
      @Hermanjackson89 Před 11 měsíci

      With the help Sir John Desmond Heppolette, I've gained perfectly well from my investment. The quantity of capital you invest, though, ultimately determines everything. With a substantial start-up budget, you could be able to earn more..

    • @Lincoln191
      @Lincoln191 Před 11 měsíci

      With inflation running at a four-decade high, the Recession is now the 'most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won't be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

    • @wilmabrock6401
      @wilmabrock6401 Před 11 měsíci

      I was curious after reading what you shared, so I Googled his name. I came across his webpage...

    • @osamagamal495
      @osamagamal495 Před 6 měsíci

      Stop spamming you f***er

  • @c.k2778
    @c.k2778 Před 2 lety +22

    The truth is more important than the facts. Access to productive information is what we all need to become successful in life. To possibly create wealth good enough to retire, proficiency is indeed necessary; causing most affluent entrepreneurs to acquire the synergy of wealth managers that offers high-net-worth operations that encompasses all parts of a person’s financial life. Get yourself an aid.

    • @c.k2778
      @c.k2778 Před 2 lety

      @Elizabeth Green To achieve your goals, proficiency makes your plans a reality. I engage in compound interest and leveraging and as well operate exclusive packages with a body of a wealth management firm and so far I’ve attained good ROI (amount is confidential)

    • @c.k2778
      @c.k2778 Před 2 lety +1

      As to get more details on the wealth manager, easily do quick internet research; (Genevieve Glen Rogers) where I believe you can easily approach her from, do your research with her full names mentioned.

    • @precious5605
      @precious5605 Před 2 lety

      This is a shocker seeing Genevieve Glen Rogers being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with Genevieve in 2018, and she manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that they have wealth of information on current conditions and future trends

  • @Trace7173
    @Trace7173 Před 5 lety +1556

    "Money can't buy happiness but it lets you choose your misery"
    ~Paul Stanley

    • @socialsaving
      @socialsaving Před 5 lety

      Que ?

    • @coolmusik6171
      @coolmusik6171 Před 5 lety

      But how you choose it?

    • @jonesaffrou6014
      @jonesaffrou6014 Před 5 lety +19

      I think it goes "Money can't buy you happiness, but at least you can be miserable in comfort"

    • @Built2kill
      @Built2kill Před 5 lety +6

      @Mind Roids id rather cry in a rolls royce than cry in a 20 year old honda civic.

    • @Iceport
      @Iceport Před 5 lety

      Tell Paul to give away all his money that provides him with the freedom to choose his misery then.

  • @varunrajput8083
    @varunrajput8083 Před 5 lety +155

    You are the kind of creator on whose videos I don't mind watching ads in between and yet here you are disabling them.

    • @MitchPhillips
      @MitchPhillips Před 5 lety +13

      In all honesty, I wish Matt would enable pre-roll ads. None of his viewers would begrudge him, and it's in no way 'selling out'. Matt - I know the income would be incremental and not replace the Patreon approach, but you deserve that extra pre-roll income for all the work you put in. Much respect!

    • @businesswithsam
      @businesswithsam Před 5 lety

      I agree, it’s awesome there are not ads

  • @Matthew_Murray
    @Matthew_Murray Před 2 lety +72

    I like coming back to this video because it makes a great point, so many people think financial freedom means everyone wants to be millionaires but really most people just want to be out of debt and have 6-12 months' worth of expenses saved up. It's such an amazing feeling knowing that you can quit your job at any time and be fine. It takes the power out of the employer's hands and puts it in yours. It gives you the freedom to negotiate your pay when searching for jobs because you aren't desperate to take whatever low ball they offer you.

  • @cescon9958
    @cescon9958 Před 4 lety +1021

    Why did they spend so much time teaching us Shakespeare and long division when they should have been teaching us psychology and financial literacy?

    • @zaid338
      @zaid338 Před 4 lety +6

      i think its way to much for a child to handle

    • @Leon-yi4mu
      @Leon-yi4mu Před 4 lety +22

      @@zaid338 yeah but not for a teenager.U am 15 and i understand everything!🤘

    • @zaid338
      @zaid338 Před 4 lety +2

      Kirsch Salz I guess schools then base it on the fact that majority of students won’t be able to handle

    • @Carlos-es4oe
      @Carlos-es4oe Před 4 lety +58

      @@zaid338 I disagree. Most teenagers would definitely be able to understand financial teaching and psychology. I would actually argue that if a teacher told students that they'd be teaching them something that can help them gain financial freedom, independence, and change their current financial situation that they would be more proactive and pay especially more attention in that class then other classes.

    • @Melted-Ether
      @Melted-Ether Před 3 lety +49

      Because rich people choose the education agenda and they aren’t rich if everyone else isn’t poor haha

  • @Tom-op8yi
    @Tom-op8yi Před 5 lety +424

    Just take time, think and appreciate how much work this guy puts in his videos.

    • @jinxjink7457
      @jinxjink7457 Před 5 lety +1

      @@hawk.86 he already gave credit mentioning Dave at ths start

  • @mattdavella
    @mattdavella  Před 5 lety +351

    Are you on the path to financial freedom? What are some of the things that have helped you along the way? I love hearing your guys success stories!

    • @KundanKumarVlogs
      @KundanKumarVlogs Před 5 lety +2

      Yes I want to go for that
      And I am thinking of dropping high school?
      How's that sounds?

    • @cartermccarthy901
      @cartermccarthy901 Před 5 lety +2

      Love your videos Matt!

    • @Hectoralejandroguerrero
      @Hectoralejandroguerrero Před 5 lety +3

      Matt D'Avella dude. It’s self discipline for me.

    • @Shellsdesign
      @Shellsdesign Před 5 lety +5

      Watching your podcasts/videos have made me more aware with my surroundings. Also, reading philosophy books and self care books.
      My journey has been a year long. I feel so grateful to have added a routine in my life. It has really taught me what’s important to me....btw I’m graduating this year and already got accepted into college while being a illegal immigrant in the U.S.

    • @magdazackiewicz1916
      @magdazackiewicz1916 Před 5 lety +4

      Matt D'Avella the envelope method! Setting aside parts of your paycheck for monthly bills and expenses

  • @c.moeller
    @c.moeller Před rokem +22

    Money is a tool that can help you to achieve your goals. It can provide comfort and stability for your family, make it easier to plan for the future, and allow you to save towards important milestones. But to achieve these things, you need to know how to make your money work for you by investing with the right approach and strategy.

    • @RDavid.
      @RDavid. Před rokem

      Hello, what approach do you invest with ? I'm a new to investing.

    • @c.moeller
      @c.moeller Před rokem

      My progress on Investment begins when Sir Williams T. Kevin started putting me through stocks & c crypto trading and also guiding me through managing my investment portfolio. He enjoys teaching Investment strategies and ways to build up your finances.

    • @RDavid.
      @RDavid. Před rokem

      @@c.moeller Alright! I will like to connect with him, i want to invest my savings, Please can you help me honestly i need this.

    • @linsey.
      @linsey. Před rokem

      Same here Please i need a remedy to bypass losses and make gains in the financial market.

    • @c.moeller
      @c.moeller Před rokem

      @@RDavid. you can communicate with him on telegam using the user name below.

  • @bellahamilton8315
    @bellahamilton8315 Před rokem +324

    I always suggest investing to others around me as it’s the right path towards wealth creation. It's not just about investing but making good returns is what counts. Luckily for me I've been compounding formidable returns from Crypto investment

    • @jeniferlewis5588
      @jeniferlewis5588 Před rokem

      Can you tell me about your investments? While everyone talks about investing, just a few mention with little details on how to do it rightly . I have keen interest but don’t want to walk down the wrong path investing.

    • @bellahamilton8315
      @bellahamilton8315 Před rokem

      I’m not a professional but I've been investing under the guidance of a competent professional/Market analyst *Chester Norman Dupont* who helps me invest and manage my investment for great outcome. I’ll refer you to him as I’m having a wonderful time working with him.

    • @bellahamilton8315
      @bellahamilton8315 Před rokem

      I netted over $220k during this dip and that made me realize there's so much opportunity to create wealth in the crypto market. You just need the right strategies and know when to get into the market

    • @jeniferlewis5588
      @jeniferlewis5588 Před rokem

      That’s so thoughtful. A lot of people says they did it on their own. It’s a surprise to see you attest to working with a professional. If you don’t mind, how do I get information on Chester Norman Dupont. I may as well work with him?

    • @user-hf7vc7rr4g
      @user-hf7vc7rr4g Před rokem

      @@bellahamilton8315 that's impressive! I could really use the expertise of this professional , my portfoIio has been down bad....who’s the person guiding you.

  • @airsoftdude101a
    @airsoftdude101a Před 5 lety +1285

    “Save $1000 for emergencies” I have 62 cents

  • @giovannelopes7237
    @giovannelopes7237 Před 5 lety +462

    I don't know if you've already made a video about this, but I would like to know more about the "moving out of my parents house" chapter of your life. In a few years I'll have to make these kind of decisions and I'm way too confused.

    • @SevOner
      @SevOner Před 5 lety +22

      That is so honest and great that you know that it makes you confused!... I just moved out, like, 4 months ago. Looking forward to the video. Hope Matt will make it :)

    • @jennyhoneypark
      @jennyhoneypark Před 5 lety +2

      I'll be moving out within half a year as well... Please make a video about this! It'll be so helpful.

    • @trabadass
      @trabadass Před 5 lety +3

      DO IT DO IT DOOOOO ITTTTT

    • @ganyrehs
      @ganyrehs Před 5 lety +5

      Times are hard especially with daunting high rent prices in many places especially if you're single and looking for one bedroom apartments. Having roommates will definitely bring the cost down but at some point you'll eventually want your own place. You'll have to decide if your budget allows you to rent a studio, one bedroom apartment, or buy a house. Many will tell you to not exceed 28 percent of gross income on housing. Most of the time hitting that 28 percent is not a good idea.

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you....................

  • @user-zr3yh3wk6h
    @user-zr3yh3wk6h Před 11 měsíci +194

    Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom

    • @ElizabethSarah-cl3sc
      @ElizabethSarah-cl3sc Před 11 měsíci

      In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.

    • @user-zr3yh3wk6h
      @user-zr3yh3wk6h Před 11 měsíci

      @@ElizabethSarah-cl3sc sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.

    • @ElizabethSarah-cl3sc
      @ElizabethSarah-cl3sc Před 11 měsíci

      @@user-zr3yh3wk6h As an OAP with a lot of experience, I firmly believe that the success of any investment depends on having the right information, regardless of what others say, do whatever you set your mind to. Warren Buffer always says "be greedy when others are fearful and be fearful when others are greedy". This is certainly the trick to succeeding even when others fail. I made $100,000 working with MARTHA ALONSO HARA a licensed financial adviser . It’s been a promising experience so far with her.

    • @user-zr3yh3wk6h
      @user-zr3yh3wk6h Před 11 měsíci

      @@ElizabethSarah-cl3sc Please, how do I connect with your financial planner?

    • @ElizabethSarah-cl3sc
      @ElizabethSarah-cl3sc Před 11 měsíci

      @@user-zr3yh3wk6h quickly do a web check where you can connect with her, and do your research with her full name mentioned

  • @eddiebernays514
    @eddiebernays514 Před 4 lety +10

    anyone who says money doesnt buy happiness doesnt know what it feels like to be behind on all your bills and not see a light at the end of the tunnel. that gut wrenching feeling, the nights where you cant get to sleep, the anger, and the depression.
    i dont want to be rich. i want to not have to worry.

    • @ahrarcorson6452
      @ahrarcorson6452 Před 4 lety

      Money buys peace. If you want happiness, find contentment. Meditation and being grateful for what you have will help massively.

  • @TheDividendExperiment
    @TheDividendExperiment Před 5 lety +556

    This might be the most aesthetically beautiful finance-related video I have seen! And I have seen a lot!

  • @rzhmd
    @rzhmd Před 5 lety +122

    I didn't watch the video yet but I noticed how I would've ignored this video because of it's clickbaity title and thumbnail. There are millions of videos like this and almost all of them are bullshit. But then I saw it's by Matt and clicked on it immediately. It's crazy how his name became such an honest and trustworthy brand.

    • @yasminugas188
      @yasminugas188 Před 5 lety +3

      Raza Ahmed me too!!

    • @KingTahn
      @KingTahn Před 5 lety

      It’s my first video from him @raza Ahmed :)

    • @hybby
      @hybby Před 5 lety

      The title wasn't really clickbaity. The image was bordering on clickbait.

    • @rzuku97TV
      @rzuku97TV Před 5 lety

      exactly, matt is really good source for a lot of topics in life

  • @vickivultee1297
    @vickivultee1297 Před 2 lety +50

    Please I need help, I lost tons of money on live trade, I
    thought is the same as demo trade because I was
    winning in my demo account. This is really frustrating
    and overwhelming. where do I start please?

    • @heatherann2402
      @heatherann2402 Před 2 lety

      That's true most people today have been having
      a lot of failure in Fx and crypto sectors because
      of bad orientation and bad expert

    • @gabrielbaker6156
      @gabrielbaker6156 Před 2 lety

      As a beginner who don't understand how Bitcoin
      trade really work and really want to make profit
      from it. I will advise you to first start working
      with a professional broker

    • @michaelbruce2494
      @michaelbruce2494 Před 2 lety

      Get an expert trader who will trade for you while
      you receive the profit. that's the best way to
      make good profit from cryptocurrency
      investment

    • @kellycomer861
      @kellycomer861 Před 2 lety

      How can someone know a
      professional trader that is trustworthy when legit
      ones are hard to find this days

    • @jimjackson6251
      @jimjackson6251 Před 2 lety

      That's true I know Mrs Ashley George. I met her at a conference in California 2019 where she introduced us her business strategy, she helped me cover my student loans

  • @stephandden
    @stephandden Před 4 lety

    The video that started it all! Absolutely great video Matt ✨ Made a ‘How to Budget’ video inspired by this exact video ✨

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you........ ...............

  • @RobertThompsonEshun
    @RobertThompsonEshun Před 5 lety +53

    The ending is why I love this channel! This is why you are different from a lot of other people on social media and why I respect you and your grind!

  • @gabriellucena6583
    @gabriellucena6583 Před 5 lety +800

    "Can I borrow some money?"
    "New number who dis?"
    Loved it. xD

    • @bencrosbie
      @bencrosbie Před 5 lety

      Gabriel Lucena hahhahaha 😂😂😂😂

  • @timothyrolston7837
    @timothyrolston7837 Před 4 lety

    all the advice i've been trying to give to friends but articulated and put on youtube (so it must be true), thanks!!

  • @LoudlabsNYC
    @LoudlabsNYC Před 2 lety

    Thanks short and sweet. I've got lots of reading to do.

  • @raphaelmarleyalves7475
    @raphaelmarleyalves7475 Před 5 lety +366

    "whoever said money can't solve ur problems, must've not had enough money to solve them"
    mahatma gandhi, 2019

  • @NomadicJulien
    @NomadicJulien Před 5 lety +260

    The amount of work that goes into these videos is insane. All those shots

    • @businesswithsam
      @businesswithsam Před 5 lety

      Nomadic Julien he definitely puts in a huge amount of effort.

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you.........................

  • @financialfreedom5294
    @financialfreedom5294 Před rokem

    Respect to you Matt! These are great words for Financial Freedom. I appreciate your guidelines.

  • @baltaza
    @baltaza Před 4 lety

    I came back to the video to write down a step by step for myself and the quantity of information in the length of this video it's just incredible

  • @michaelrafferty4585
    @michaelrafferty4585 Před 5 lety +87

    Mondays ain't so bad when your favourite youtuber uploads a new video, keep it up Matt! All of us strive to get on your level #Those biceps ain't minimalist

  • @mysterym2269
    @mysterym2269 Před 5 lety +249

    1:40 she ain't gonna like the minimalist ring 👀

  • @makedollarswork
    @makedollarswork Před 2 lety +1

    Absolutely agree with the idea that money isn't everything but it makes your life much easier and takes away much pressure and worries 🙌

  • @MassInfinity
    @MassInfinity Před 26 dny

    Matt D' Avella, thank you for this video presentation demonstrating that financial freedom can be more than just a theory or concept, but it actually be an attainable lifestyle.

  • @LostEnergy
    @LostEnergy Před 5 lety +154

    Money doesn't buy happiness, but not having money doesn't buy anything.

  • @DepressionTalks1
    @DepressionTalks1 Před 5 lety +207

    Thank you for this bro. Cause school debt is no joke

  • @JulianLopez2591
    @JulianLopez2591 Před 4 lety

    New to the channel really enjoying your content through this quarantine keep em coming!

  • @Andres_853
    @Andres_853 Před 8 měsíci +12

    it is always good to have a financial plan. I work with a professional planner and fixed-income strategist in NY. the fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

    • @hillarybriggs2561
      @hillarybriggs2561 Před 8 měsíci

      Very true, A lot of people downplay the role of a financial planner until their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license-fiduciary advsors. Thankfully, I came across someone of practical knowledge, and decades of experience, I Liquidated 200k of 325k from my 401(k) it has yielded nearly 1 m after subsequent investments so far

    • @Muriel-1112
      @Muriel-1112 Před 8 měsíci

      Reading, research, patience and seeking guidance is the best way to approach or break into the market system. I have been inclined with LUCY ROSE CARTER.

    • @Jonesmatsunaga
      @Jonesmatsunaga Před 8 měsíci

      Wow, I know Lucy Rose Carter . His platform maintains a unique and very transparent perspective and outlook. I will always stay invested because her methodical and professional approach to the market is something not many traders are capable of. Amazing Financial Mind.!!!

  • @horuherodorigesu241
    @horuherodorigesu241 Před 5 lety +942

    Money doesn't buy happiness, it buys the freedom to find it.

    • @dylanreh2010
      @dylanreh2010 Před 5 lety +12

      Exactly

    • @madhatmatty-wealthyhabitst6482
      @madhatmatty-wealthyhabitst6482 Před 4 lety +3

      CORRECT. love this

    • @wendyw9300
      @wendyw9300 Před 3 lety +2

      where could buy your book?

    • @sammyalabamy111
      @sammyalabamy111 Před 2 lety +1

      Horuhe Rodorigesu Not totally true, lots of rich wealthy people ( or their family is rich ) committed suicide, sadly.... so shows even their richness couldn't find the happiness with money. Just mentioning the other side, being objective.

    • @chux11379
      @chux11379 Před rokem

      Wow you are really brainwashed 😂🤣😂🤣😂🤔🧐🍻👉👉👌

  • @akshaysawant3547
    @akshaysawant3547 Před 2 lety

    From the start of the video till @1:20. So well put! This is the best explanation to the money does or doesn't buy happiness debate I've seen so far.

  • @tesruelostv
    @tesruelostv Před 2 lety

    Absolutely right. Peaceful life and happy life.

  • @divytolia704
    @divytolia704 Před 5 lety +89

    Waking up to this is a fantastic feeling 😊

  • @stephen8758
    @stephen8758 Před 5 lety +1514

    I just transferred $5 into my savings 🤗

    • @gwarlow
      @gwarlow Před 5 lety +84

      BlueSteel That's 100% more than you transferred last month! Congratulations. Now double that amount next month, and double that again the following month. Don't stop!

    • @liamwatts7105
      @liamwatts7105 Před 5 lety +91

      @@gwarlow Narrator: After 44 months BlueSteel found himself depositing $87,960,930,222,080 , roughly equivalent to the entire world's GDP, into his bank account. He knew that somewhere, something had gone horribly wrong.

    • @samuelaurora3632
      @samuelaurora3632 Před 5 lety +17

      @@liamwatts7105 and that's why you save up to 15% on car insruance with Geico

    • @abz4852
      @abz4852 Před 4 lety

      @@liamwatts7105 mustve been throwing the money into bitcoin instead

    • @townshipgamers9235
      @townshipgamers9235 Před 4 lety

      BlueSteel so positive

  • @larissaalves9332
    @larissaalves9332 Před 4 lety +1

    To watch your videos is so relaxing and encouraging that makes my English even better!

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you.....................

  • @sparshagarwal6111
    @sparshagarwal6111 Před 4 lety

    Hey Man! I just want to appreciate the content you have been putting on youtube. Really like the honesty

  • @AliexFolgueira
    @AliexFolgueira Před 5 lety +932

    Money doesn't buy happiness said the rich guy. Hustle doesn't matter said the guy who made it, beauty is not everything says the model......

    • @SportyChlckl
      @SportyChlckl Před 5 lety +88

      Another reminder that being successful is about the journey and how you felt experiencing it. Not the destination.

    • @Shadowdoctor117
      @Shadowdoctor117 Před 5 lety +52

      They are not entirely wrong. Those things won't solve 100% your problems. But if you have nothing, having some of that would solve a good amount of your problems

    • @jamielawrence6301
      @jamielawrence6301 Před 5 lety +24

      Maybe you should pay attention to those people, as they are the ones who have achieved success and realised that it doesn't in fact give them fulfilment. Most of the "rich guys" you refer to were struggling at some point, they weren't just born rich and entitled.

    • @greyman2623
      @greyman2623 Před 5 lety +15

      Money can't buy happiness, it can buy crazy ass happiness...
      - Eminem

    • @AliexFolgueira
      @AliexFolgueira Před 5 lety

      @@greyman2623 lol 👍

  • @fifa1018
    @fifa1018 Před 5 lety +340

    2:01 new number who dis😂

    • @sniperrrish
      @sniperrrish Před 5 lety +7

      I LAUGH SO HARD

    • @kevincintron3227
      @kevincintron3227 Před 5 lety

      😂😂😂 when you owe someone money but dont wanna pay them

    • @Helidoc8901
      @Helidoc8901 Před 5 lety

      That was the best part of the video (besides the overall message)

    • @kevincintron3227
      @kevincintron3227 Před 5 lety

      Michael Raymond it really was

  • @YouRobin111
    @YouRobin111 Před 3 lety

    Thank you CZcams and up loader for making our life easier

  • @christophercortez4087
    @christophercortez4087 Před 3 lety

    Actionable and sound advice for a lot of people out there. I like it!

  • @wherescalebshaw
    @wherescalebshaw Před 5 lety +21

    Hey Matt, I'm 16 and I found your channel a few weeks ago from your video "I Quit Social Media For 30 Days". And for the past few weeks I was trying to spend less time on Instagram and other apps that wasted a lot of my time. So after seeing that video I deleted all social media of my phone and I logged out of app of them on my computer. Right now I'm on day 16 and I feel way more free and not bound to my phone or anything. Often times I'll just leave my phone at home and not even really care, and I think that's pretty sick. When I'm done with the 30 days I was planning on making a video about what I learned and what I experienced. Anyway, thank you so much Matt for just making videos that actually mean something and really do inspire people. 🤘🏽

    • @JustinLewisWeb
      @JustinLewisWeb Před 5 lety +1

      Great job Caleb! Btw awesome video on your channels homepage. The crc sounds cool.

    • @wherescalebshaw
      @wherescalebshaw Před 5 lety

      Thanks so much Justin!

    • @painexotic3757
      @painexotic3757 Před 5 lety

      Good job, kid! When I was your age, I was out fucking bitches. You can't do that through a computer screen so go for it!

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you...................

  • @jjbuckner
    @jjbuckner Před 5 lety +202

    The ultimate goal... Become Financially Free!
    I wish my videos were an 1/8th of the quality of Matt's... 😂

    • @trotsy3780
      @trotsy3780 Před 5 lety

      In that case step your game up👆

    • @jjbuckner
      @jjbuckner Před 5 lety +5

      @@trotsy3780 haha yes sir!

  • @fitnessnbeer9835
    @fitnessnbeer9835 Před 3 lety

    Some of the best content out there! Quality message and quality filmmaking. I can’ t imagine how much time and effort goes in to each of these videos. The message about money is dead on! Respect.

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you..........................

  • @user-bs9mh8xy3v
    @user-bs9mh8xy3v Před 7 měsíci

    What a great video, I am looking forward to achieving Financial Freedom as soon as possible!

  • @aslye
    @aslye Před 4 lety +361

    After growing up in a split lower to middle class family and living in trailers most of my childhood, I finally hit my goal of $500,000 net worth.
    Money definitely isn’t everything but it is one of the many important tools that will lead to a more satisfying stress-free life which is why I believe it’s super important to have a strong personal finance plan like Matt points out.
    If you’re struggling just know by watching videos like this you’re on your way to start getting your finances in order. Continuous education is one of my top 6 personal finance rules that I live by.

    • @dc76384
      @dc76384 Před 4 lety +2

      Probably not a good idea to post such information on Facebook. Congratulations though.

    • @glacier520cube5
      @glacier520cube5 Před 4 lety +1

      @@dc76384 Facebook?

    • @dc76384
      @dc76384 Před 4 lety

      @@glacier520cube5 exactly...my mistake, sorry.😯

    • @markswift
      @markswift Před 4 lety +3

      What are your other personal finance rules you live by?

    • @stephencoxmus
      @stephencoxmus Před 3 lety +1

      Congratulations!

  • @ZachInman
    @ZachInman Před 5 lety +186

    I was halfway through typing out that Kanye quote when you said it! Another great video, Matt :)

    • @WinnerTube
      @WinnerTube Před 5 lety +2

      lmfao

    • @hitchjack
      @hitchjack Před 5 lety

      @@frakingenius I was going to say that, It was literally the first thing in the video 😂

    • @hitchjack
      @hitchjack Před 5 lety +4

      I was literally halfway through typing that he should use a marker pen for the first scene of his video, and he did it. Mind. Blown.

    • @ZachInman
      @ZachInman Před 5 lety +1

      @@frakingenius As soon as he said "Money doesn't buy happiness" I thought I was going to be so clever with that comment lol

    • @marco-cartlift
      @marco-cartlift Před 5 lety

      Good to see you on this channel too bro, lol

  • @jaypeterson7335
    @jaypeterson7335 Před 3 lety

    Massive respect for the end of the video. Good Job!!!

  • @rudriguezbauer7520
    @rudriguezbauer7520 Před rokem +39

    I have always been fascinated by investing, but without adequate knowledge on the right thing to do, I find it difficult to start. *I politely ask, what’s the best sector to invest in?*

    • @johnpoter9007
      @johnpoter9007 Před rokem +1

      It is entirely possible for a smart and patient investor to go into investing with the right information. One of the best ways to get started is to get help from an experienced Financial Consultant . I've been investing since *2015* and I'm extremely happy with the returns I get working with my investment advisor; * Hamilton Phoebe Zoe*

    • @rudriguezbauer7520
      @rudriguezbauer7520 Před rokem

      @@johnpoter9007 I am very interested in this information and I've some money sitting idly in the bank with that I can start investing without further delaying, If you don't mind How can I get in touch with your professional?

    • @johnpoter9007
      @johnpoter9007 Před rokem

      As to get more details about my Investment Professional; *Hamilton Phoebe Zoe* easily do quick internet research where you can easily write her from, do your research with her full names mentioned.

    • @rudriguezbauer7520
      @rudriguezbauer7520 Před rokem

      @@johnpoter9007 I'm delighted to engage in this opportunity, I just found the professional's web page and have already written to her 👍

    • @orionmayhew2138
      @orionmayhew2138 Před rokem

      I'm glad I stumbled upon this. My wife and I works with Phoebe. Before now, we spent more and saved less. Phoebe changed that mindset and gave us a way to generate money investing in the financial market. Working with Phoebe, opened our eyes to a lot of investment opportunities, which in turn, helped us become less dependent of our earned income.

  • @medloww985
    @medloww985 Před 4 lety +933

    Money is like oxygen. When you have it, life is fine. But the second that you go underwater and need oxygen it is the only thing that matters.

    • @alxjones
      @alxjones Před 4 lety +82

      Then when you're being held underwater, the guy holding you down is screaming "oxygen doesn't buy happiness!"

    • @Painfulwhale360
      @Painfulwhale360 Před 4 lety +1

      Well I’ve been under water for.... 8 years now? No, 9 I think!

    • @BMgreekyoutuber
      @BMgreekyoutuber Před 4 lety

      Reminds me of Dan Lok, he says that a lot

    • @peterdavis9837
      @peterdavis9837 Před 4 lety +1

      Alex Jones that’s great😂😂😂😂

    • @thunderyeti8476
      @thunderyeti8476 Před 4 lety +1

      Alex Jones best comment ever

  • @TheRandomOne360
    @TheRandomOne360 Před 5 lety +261

    Glad to know I'm on the right path haha. I moved out of my parents at 19 with a $8.25 job and saved enough to buy a car in 4 months. Now I am making $36k a year and am buying a house at 21. I hope to keep saving and progressing in my yearly income so I can get to a point where I will be living with as little financial risk as possible.

    • @agustinmanfredi8752
      @agustinmanfredi8752 Před 5 lety +6

      Wow, a 8.25 job where I live is what a doctor earns haha

    • @michaeljameson920
      @michaeljameson920 Před 5 lety +42

      Dude I made $14.50 and could barely afford to live with my parents lol

    • @TheRandomOne360
      @TheRandomOne360 Před 5 lety +14

      @@michaeljameson920 It depends on the area too. When I moved out my sister, her husband and I moved into an alright trailer trailer in a shitty neighborhood, but the rent was only $600, so I just had to pay $200 a month plus like $45 for utilities. Also there were many 60+ hour work weeks lol.
      Now I'm making $12 for 40-50 hours a week, and my mortgage is $680. I still have $500-$1000 left over every month. That one job athough is my main source of income, it is not my only one. I make probably an extra $200-300 a month through various other ways through the month.

    • @michaeljameson920
      @michaeljameson920 Před 5 lety

      @@TheRandomOne360 I'm guessing you don't have a car.. considering car insurance is hella expensive

    • @TheRandomOne360
      @TheRandomOne360 Před 5 lety +1

      @@michaeljameson920 I pay $180 a month for it

  • @bobfinance29
    @bobfinance29 Před 4 lety

    Awesome video. Thanks for sharing. Gives me the inspiration to keep working hard on my channel! Thanks!

  • @moneymindset6414
    @moneymindset6414 Před 3 lety

    Absolutely love this!

  • @delennh2790
    @delennh2790 Před 5 lety +68

    I don't even have a job yet since I'm in high school lol, but hopefully when I'm older if I follow these steps I'll be financially responsible for the rest of my life. Thanks Matt!

    • @phylippezimmermannpaquin2062
      @phylippezimmermannpaquin2062 Před 5 lety +17

      the relief of seeing the young get amazing advice early in life

    • @TwoDollarGararge
      @TwoDollarGararge Před 5 lety +3

      @@phylippezimmermannpaquin2062 yeah we are painfully aware of the monster known as student loans so

    • @iuliancernat8944
      @iuliancernat8944 Před 5 lety

      Go to college in Europe

    • @TwoDollarGararge
      @TwoDollarGararge Před 5 lety

      Choose how to pay for college A student loans B get raped in taxes pick your poison

    • @iuliancernat8944
      @iuliancernat8944 Před 4 lety

      @@alexstechtalk1833 Of course it would cost him, but not that much. Paying that much to go to a good unversity in the US is not worth it, unless you're rich or have the money already prepared. There are plenty of other good universities around the globe. I haven't paid that much to go to university, except 100 dollars for the registration process. You go to university to learn, not to worry about money (although this might motivate some people to work harder, to get better results, but those are just bad students in my opinion).

  • @BRBallin1
    @BRBallin1 Před 5 lety +315

    Steps to financial freedom:
    1. Minimize your rent cost. Live with family or roommates.
    2. Don't overpay when you eat out. Do you really need that $2-3 cup of soda with your meal?
    3. Invest it instead of buying things that lose value over time
    4. Don't get into a relationship with someone who can't be as frugal as you

    • @investingtv3262
      @investingtv3262 Před 4 lety +17

      That last step is hard to find, but I know there's some of them out there :)

    • @beny195
      @beny195 Před 4 lety +24

      It`s not freedom when you have to limit yourself

    • @TheKillahKyla
      @TheKillahKyla Před 4 lety +1

      Wow cheapskate

    • @viannccaa
      @viannccaa Před 4 lety +2

      TheKillahKyla it’s called not getting into debt dumbass 😔

    • @ts0088
      @ts0088 Před 4 lety +4

      @@beny195 Right. But you need to limit yourself first, so you never have to in a couple of years.

  • @bexabexasina9236
    @bexabexasina9236 Před 2 lety

    Thank you for your videos 🙏🏽!

  • @syb_764
    @syb_764 Před 2 lety

    Thank you so much for this video!

  • @Pinokx42
    @Pinokx42 Před 5 lety +19

    Hello Matt! Just finished the total money makeover, I'm fresh out of college, my engineering degree in the pocket. No student loans since tuitions in France are about 800/year or 0/year depending on your parents' income (my case, single mom, nurse). I feel very grateful not to be held back by student loans. Got my first job as an engineer. These last couple of months were a little rough since I hadn't planned and saved before finishing school. I don't want that again so I will keep my financial thermostat down to build comfortably my emergency fund even if I now earn good money. I am currently downsizing and embracing a more minimalist way of living.
    Just wanted to say hi. Keep up the good work!

  • @BrainyCreativity
    @BrainyCreativity Před 5 lety +164

    Emergency funds give a sense of security and they are sooo critical!!!

    • @tumelolefifi5589
      @tumelolefifi5589 Před 5 lety +9

      You don't know the piece of mind an emergency fund buys until you have one.

    • @Exxon300
      @Exxon300 Před 5 lety +1

      Yes

    • @greenbun
      @greenbun Před 5 lety +1

      Couldn’t agree more. I think of it as “bridge money” and what that means is the moment your life changes and you get fired, quit your job, want to move somewhere, etc., it provides you with plenty of time/money to bridge the gap between one job to the next. I personally have a 6 month Emergency Fund specifically for those situations should they arise, and also a $10,000 Rainy Day Fund. The RDF is the real emergency money for when my car engine blows up, I break my leg and need to pay the deductible, get in a car accident, just any unexpected life-happens type ordeal, that’s pretty much covered under my Rainy Day Fund. Having both of these Saving funds has increased my overall positivity by leaps and bounds, and I know in the back of my mind that I don’t have to stress or worry about money in the short term.

  • @paulalemos8065
    @paulalemos8065 Před 2 lety

    You are great Matt, hugs from Brazil!

  • @LogosandLogic
    @LogosandLogic Před 2 lety +33

    Thank goodness you brought this up. Investing has changed my perspective on how one can succeed in life. Working multiple jobs for money isn’t the optimal way to attain financial freedom. Unfortunately, we find this out later in life. I’ve been able get enough returns to make sure I and my family are good in these unprecedented times. Great piece.

    • @LogosandLogic
      @LogosandLogic Před 2 lety

      @Vicky Basnight it's not strange that learning the rudiments of invsting can be somewhat difficult, that's why I work with Levi Clemans, a seasoned trade analyst who has made me resounding profit from investing in stocks and forex. You can get across to him

    • @LogosandLogic
      @LogosandLogic Před 2 lety

      Leviclemans,info
      on his webpage you can look him up online, and connect with him.

    • @katyolson5876
      @katyolson5876 Před 2 lety

      @@LogosandLogic I see your point, and it’s a good one. It’s false to think that taking increased risk guarantees you more money, you wouldn’t bet on a pony in a horse race.

    • @jefferiesuenukuterangihoka3749
      @jefferiesuenukuterangihoka3749 Před 2 lety

      I’ve been doing my little research on investing too but I’m bummed by all the info out there. Can mr Levi help me?

    • @Pambegay
      @Pambegay Před 2 lety

      @@jefferiesuenukuterangihoka3749 Of course! Got my third payout about a week ago. Still pumping more into my portfolio that man is indeed godsent.

  • @HankFuller333
    @HankFuller333 Před 5 lety +66

    Money doesn't buy happiness. Money is not the most important thing. Until you don't have it. But seriously. As a medical student who's about to be graduated. My conclusion of this matter is this : Money IS the most important thing because it can purchase your wellbeing, aka Healthcare. Especially if you live somewhere like the U.S. You can't enjoy spirituality, can't enjoy family time or anything life has to offer if you're dead. I've seen this play out countless times in my education. It's unacceptable what is going on in the U.S. So yes. Money is the most important because health is the most important

    • @balkyeel
      @balkyeel Před 5 lety +9

      A huge amount of people can't even imagine getting out of debt because of their constant medical bills in the US. Isn't it the number one cause of bankruptcy here? We're so fucked unless we get a decent medicare for all system up and running finally.

    • @viinisaari
      @viinisaari Před 5 lety

      Sucks to be American.

    • @HankFuller333
      @HankFuller333 Před 5 lety

      @@viinisaari I am not, I am Turkish. Which is arguably worse atm

  • @Leto85
    @Leto85 Před 4 lety +99

    Lesson learned; financial independence is achievable when you have money.

    • @generalviewer8347
      @generalviewer8347 Před 4 lety +15

      ah, i see the floor is made out of floor!

    • @DanDan-nm8ws
      @DanDan-nm8ws Před 3 lety

      Mind blown

    • @carneliousjordanous4690
      @carneliousjordanous4690 Před 3 lety +1

      Rich kid: “money can’t buy happiness”
      Me: “well if you don’t want it I’m wide open”

    • @bishopjoshuamaponga6894
      @bishopjoshuamaponga6894 Před 3 lety

      Beloved, I don't know you
      in person but God knows
      you. God minister to me a
      revelation when I was on
      your profile to see things
      around you,I saw
      blessings but spiritual
      attacks holding on to
      them,in prayers,i saw a
      woman in the realm of
      the spirit monitoring and
      plotting delay be in your
      life, with an evil mirror,
      and a motive to destroy.
      But as I speak to you now
      her time is up, Render
      hand of favour with
      Anything you can afford
      to these motherless
      foundation (Sunday
      MOTHERLESS
      FOUNDATION) in kebbi
      state nigeria before
      2DAYS with faith, as I
      Rise my hands towards
      heaven and pray for you
      they shall serve as point
      of contact where ever you
      are, you will receive
      double portion of grace to
      excel and total
      restoration of
      breakthrough in your life
      and in the life of your
      family. Deliver them to the
      MD in charge of the
      orphanage to get their
      details on (WhatsApp or
      call them now on
      +23408083907256) tell him I
      sent you. For it is not by
      might nor by in power but
      of the spirit saith the lord
      (zechariah 4:6). You shall
      testify to the Glory of God
      in your life. God bless you........

  • @MiekaFastingWeightLoss

    Excellent video with a lot of good advice. Much appreciated!

  • @cayde897
    @cayde897 Před 4 lety +1

    Matt your channel is amazing! 👍👍

  • @BBgolf88
    @BBgolf88 Před 5 lety +90

    Matt Dave Ramsey helped me change my life as well. I was stuck in a dead end job, i read The Total Money Make over paid of $92,221 in 11 months and then started my business which is doing a million in revenue 8 months later. Glad to find another Ramsey success story keep going brother!

    • @RGE_Music
      @RGE_Music Před 5 lety +1

      what is your business as I want to start a business

    • @BBgolf88
      @BBgolf88 Před 5 lety

      ReggaeEli i sell telecommunication services to businesses.

    • @bbbbbb9158
      @bbbbbb9158 Před 5 lety +4

      No you didnt

    • @BBgolf88
      @BBgolf88 Před 5 lety +1

      Barry J I 100% did

    • @secondhanddog3
      @secondhanddog3 Před 5 lety +1

      @@BBgolf88 Quick google shows he runs aie solutions, so true.. i guess?

  • @dan6918
    @dan6918 Před 5 lety +29

    Literally just finished reading Dave Ramsey's Total Money Makeover, what a book! Great video Matt, here's to financial freedom for life!

  • @ngocquynhle9494
    @ngocquynhle9494 Před 3 lety

    Your video is amazing. Thank you so much!

  • @mike_trapp
    @mike_trapp Před 2 lety +49

    When I watched this 2 years ago I had $7 in my bank account living paycheck to paycheck. Today I have my loans paid off, a safety cushion in my bank account, and a retirement fund set up along with other investments. I was fortunate to be able to do this in the time I did, but this video definitely helped.

  • @mprism7985
    @mprism7985 Před 4 lety +12

    everyone under 18 still living at their parents house should see this. watching this now gives me a real good insight on what to do with my money. thanks matt

  • @cyancelsius7492
    @cyancelsius7492 Před 6 měsíci

    I just wanted to say, this video completely changed my life. I watched it 4 years ago when I was 16 and it encouraged me to learn what a credit score was and take saving more seriously. Now as a 20 year old, I'm so thankful to be financially ahead in life. There's no way I would have the mental security and good foundation of money habits I do now if I never found this youtube channel. Extremely grateful for all of your content.

  • @dvotii
    @dvotii Před 2 lety +1

    Great video! Thanks, Matt!

  • @rikifps
    @rikifps Před 5 lety +48

    5:47 Heck you for that one upside down bill you absolute mad man.

    • @mattdavella
      @mattdavella  Před 5 lety +9

      Some people just want to watch the world burn.