15 Money Habits That Keep You Poor

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  • čas přidán 27. 06. 2024
  • 15 Money Habits That Keep You Poor ( Stop doing these immediately!)
    SUBSCRIBE to ALUX: / @alux
    Steps to Force Yourself Out of Poverty: • 15 Steps to Force Your...
    Video Notes: www.alux.com/money-habits-poor/
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    Disclaimer: signing up for Audible will result in financial compensation towards Alux Inc at no additional cost to you, the consumer.
    In this Alux.com video we will be answering the following questions:
    What habits keep you poor?
    What are some bad money habits that keep you poor and in debt?
    What are the things people do that keep them poor?
    What money habits will only make you poor?
    What are some habits that separate the rich from the poor?
    What are some bad habits that have made people poor?
    What are some bad money habits that you need to fix if you want to be rich?
    What are some money habits you need to break?
    What are the money habits that keep you poor and how to stop self-sabotage?
    Simple money habits to fix if you want to stop being poor?
    What are the most important money habits that will change your life?
    What are the worst financial habits?
    00:00 - Intro
    00:37 - Taking bad money advice from poor people
    02:10 - Gambling & Lottery: Luck isn’t a strategy
    03:08 - Spending money on things that you WANT but don’t NEED
    04:01 - Not knowing how much money you spent last week, month and year
    05:10 - Spending money you don’t have on things you can’t afford anyway
    06:19 - Trying to keep up appearances
    07:32 - Having only 1 source of income
    09:00 - Wasting money and time (usually on entertainment)
    10:01 - Going YOLO: Thinking short term vs Long term
    11:15 - Not learning how to invest & Being afraid to change
    13:01 - Spending first and then hoping there’s something left to save or invest when you’re done
    14:26 - Paying too much in taxes
    15:07 - Unhealthy lifestyle
    15:58 - Wanting money to be easy and fast
    17:28 - Staying poor is a choice
    18:36 - Question
    -
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Komentáře • 2,1K

  • @ocsspot
    @ocsspot Před 3 lety +416

    MONEY
    "If you can't buy it twice, you can't afford it." Yes.

    • @Mrbfgray
      @Mrbfgray Před 3 lety +8

      Great line new to me.
      That's definitely the way I approach rare big discretionary purchases, "buy it twice" cash up front.

    • @ocsspot
      @ocsspot Před 3 lety +5

      @@Mrbfgray That's definitely the way I will start approaching relevant purchases from now on.

    • @Mariposamoonshine
      @Mariposamoonshine Před 3 lety

      NOh in

    • @davidadfali7080
      @davidadfali7080 Před 3 lety +1

      Holy Jesus...... What a word.. Thanks for this

    • @kthomas5149
      @kthomas5149 Před 2 lety +8

      I don’t get it? Like say you wanna buy candy bar, if you can’t afford to buy 2, don’t buy it? Or if you want to buy a couch, if you can’t afford 2 don’t buy it? Is that what you’re saying

  • @toreachraulvisthackbyworld7460

    DO YOU KNOW WITH A GOOD CREDIT YOU CAN OWN A HOUSE?
    DO YOU KNOW WITH A GOOD CREDIT YOU CAN DRIVE A CAR OF YOUR CHOICE?
    DO YOU KNOW THAT WITH A GOOD CREDIT YOU CAN OWN MANY BUSINESSES SO WHAT ARE YOU WAITING FOR? GET YOUR CREDIT FIXED NOW FROM RAUL! TIME WAIT FOR NO ONE

  • @GHerrera90
    @GHerrera90 Před 3 lety +369

    Microspending. Every day spending 15 bucks in the gas station or "Dollar" Stores. Quickly adds up.

    • @azalex91
      @azalex91 Před 3 lety +50

      My coworkers call me cheap cause I make my own coffee and bring my snacks from home. They always spend around 10-15$ a day at gas stations and coffee

    • @Brittgad
      @Brittgad Před 3 lety +4

      Tesla

    • @ghostwriter5795
      @ghostwriter5795 Před 3 lety +9

      Even though I had a sense that’s my problem it just didn’t seem like it. But you just confirmed my suspicion.

    • @GHerrera90
      @GHerrera90 Před 3 lety +19

      20 Workays x $15 = $300 a month = Aprox $3,600 a year.
      Spent on forgetful snacks.

    • @ghostwriter5795
      @ghostwriter5795 Před 3 lety +17

      @@GHerrera90 the scary parts is it’s more than 15 dollars a day for me. I got to break this habit Fa real.

  • @antoniohandel8332
    @antoniohandel8332 Před 2 lety +129

    When you stop learning, you get left behind. Never stop
    educating yourself

    • @danaandrioaie1495
      @danaandrioaie1495 Před 2 lety +2

      I love this, i pray this message gets to everyone who needs it

    • @danaandrioaie1495
      @danaandrioaie1495 Před 2 lety +1

      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), crypto, 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.

    • @velentevictor9435
      @velentevictor9435 Před 2 lety +1

      @@danaandrioaie1495 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

    • @velentevictor9435
      @velentevictor9435 Před 2 lety +1

      @@danaandrioaie1495 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 Před 2 lety +1

      @@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

  • @internetjunkie5241
    @internetjunkie5241 Před 3 lety +375

    Unnecessary relationships can be a money pit and a distraction to achieving your goals . #Facts

  • @michaelfordham3968
    @michaelfordham3968 Před 2 lety +354

    WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS

  • @mr.grayson5700
    @mr.grayson5700 Před 3 lety +115

    To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

    • @muffins691
      @muffins691 Před 3 lety +3

      You're absolutely right, your words really caught my attention.

    • @ThomasJamesPropertyInvestiing
      @ThomasJamesPropertyInvestiing Před 3 lety +1

      Wow! Wise words you've spoken, I'm quite impressed ..... Bravo 👏👏

    • @ThomasJamesPropertyInvestiing
      @ThomasJamesPropertyInvestiing Před 3 lety +1

      @@muffins691 I think this is a truth that must be told to ourselves and generations to come.

    • @johnny8643
      @johnny8643 Před 3 lety +2

      Yeah, but what lucrative business or job would one venture into right now?

    • @rabisabir2305
      @rabisabir2305 Před 3 lety +1

      @@johnny8643 Most people will sit back and play with everything of life and surely they’ll be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracting....BE WISE✅🚀🚀

  • @AnthonyJK1982
    @AnthonyJK1982 Před 3 lety +82

    I wish this channel and this video specifically had been around for me to watch like 13-14 years ago. It would’ve saved me so many headaches and stupid decisions.

  • @TheDanaYiShow
    @TheDanaYiShow Před 3 lety +53

    "if it's on sale but you don't need, don't buy it" this is gold!

  • @mack-uv6gn
    @mack-uv6gn Před 3 lety +202

    Most people don’t invest because they are afraid to fail.

    • @fleurdepapaye9635
      @fleurdepapaye9635 Před 3 lety +8

      I don't think so, because they need to secure the fundamental needs and security payments first
      Investation is beyond that two steps

    • @Mrbfgray
      @Mrbfgray Před 3 lety +3

      @@fleurdepapaye9635 In America that means they have zero monetary discipline or financial acumen. They think nothing of dropping $5 for a coffee, $10 for something else they don't need every day, that's several grand per yr which is a fortune over a life time. Also they pay double or triple for everything with credit.

    • @TRINI333
      @TRINI333 Před 3 lety +4

      That's ironic, because not investing at all is a set up for failure in making passive income.

    • @vluri258
      @vluri258 Před 3 lety +5

      Im afraid of falling for something I don't 100% understand, which will help me lose my hard earned money. I won't put even $100 into any stock because if I lose that, a full day of my life had been wasted, not to mention the time it took to find the stock.

    • @TRINI333
      @TRINI333 Před 3 lety

      @@vluri258 Hmm, true. But if you win, you win.
      The market is for risk takers, but we decide which risks we're willing to take; be it with $5, $50, or $500.

  • @oussama200186
    @oussama200186 Před 3 lety +90

    "If you can't buy it twice, you can't afford it". I love this sentence. It is so true when i think about it.

    • @donkaster9738
      @donkaster9738 Před 2 lety +1

      If I can buy $30 000 car twice, it doesn't mean I can afford it, if all I have is $60000 cash. In my books I can afford $30 000 car, only if I get $60000 of passive income. Always measure your "wants" as percentage of your passive income.

    • @paulfaulkner6299
      @paulfaulkner6299 Před 2 lety

      @@donkaster9738 What percentage would you say?

  • @gwillis01
    @gwillis01 Před 3 lety +25

    One of my favorite proverbs is "I don't need luck because I am highly skilled."

    • @alphaomega17
      @alphaomega17 Před 2 lety

      Everyone needs Jesus because with him those skills can go away and after death hell awaits

    • @lunalara6678
      @lunalara6678 Před rokem +2

      @@alphaomega17 jesus make you more poorer than before

    • @alphaomega17
      @alphaomega17 Před rokem

      @@lunalara6678 Until now you have asked for nothing in my name. Ask and you will receive, so that your joy may be complete.
      John 16:24
      When he had finished speaking, he said to Simon, “Put out into deep water, and let down the nets for a catch.”
      5 Simon answered, “Master, we’ve worked hard all night and haven’t caught anything. But because you say so, I will let down the nets.”
      6 When they had done so, they caught such a large number of fish that their nets began to break.
      7 So they signaled their partners in the other boat to come and help them, and they came and filled both boats so full that they began to sink.
      8 When Simon Peter saw this, he fell at Jesus’ knees and said, “Go away from me, Lord; I am a sinful man!”
      9 For he and all his companions were astonished at the catch of fish they had taken,
      10 and so were James and John, the sons of Zebedee, Simon’s partners. Then Jesus said to Simon, “Don’t be afraid; from now on you will fish for people.”
      Luke 5:4-10
      Jesus gives you more than you could ever imagine

    • @luisostasuc8135
      @luisostasuc8135 Před rokem

      @@alphaomega17 tithing is made to keep people poor and the scammers in the churches in easy money

    • @alphaomega17
      @alphaomega17 Před rokem

      @@luisostasuc8135 you must not know many people in churches, many, many give much more than 10% because God blesses above and beyond what your limited mind thinks

  • @Jose-ht2lw
    @Jose-ht2lw Před 3 lety +56

    Number 3 is true. Some poor people are walking ads and billboards, advertising brands. Buying expensive brands and keeping them poor. 😑

    • @lazyguycooks6244
      @lazyguycooks6244 Před 3 lety +2

      This is so true.

    • @jo4285
      @jo4285 Před 2 lety +1

      Thats my wife!!! 😂🤣 Lucky for us i been investing in the stock market and currently invest 20% in my 401k.

    • @staciefreshener4032
      @staciefreshener4032 Před rokem

      I think being poor or rich isn't about money but the decisions and mindset. I'm a poor person based on my money sure , but if I save and invest and try to earn more then atleast my mindset is slightly less poor. Poor people sadly are perfect opportunities for business. I know that true business atleast in highest profit is never ethical , legal sure but not ethics. They will do whatever to get sold. I don't even trust schools in terms of when they justify something to buy as extra classes or whatever.

  • @davidnagy-gyoergy8629
    @davidnagy-gyoergy8629 Před 3 lety +34

    You guys changed my life on the way that I started to watching the people around me and through your videos now I am understand what does "fake rich" mean. I wouldn't say I was on a completely wrong way before but now I know how the good way into the wealth looks like. My little side business is just before launch and I am thinking always before I am paying in the supermarket do I really need everything? I started to save money when I was 19 now I am 21 and I think I am on quit a better way to be wealthy. If I won't be a billionaire then I won't be but I won't die poor! Thank you very much you guys you are amazing and I am already curious for the next Video! (my 👍is the biggest one from all)

    • @alux
      @alux  Před 3 lety +6

      Thank you for being an Aluxer David! Your words mean a lot!

    • @MarvelBestClipsAlways
      @MarvelBestClipsAlways Před 3 lety +3

      @@alux Your videos Also Means a lot to me...Inspiring, Life changing Videos..Keep it up..

    • @missa1095
      @missa1095 Před 3 lety +1

      Salute!!

  • @paulingram1927
    @paulingram1927 Před 3 lety +9

    The philosophy of the rich and the poor is this, the rich invest their money and spend what is left. The poor spend their money and invest what is left.

  • @skylinec83
    @skylinec83 Před 3 lety +105

    “If you’re binge eating on the couch while watching anime….POOR!!”
    Ouch this one hit too close to home.

    • @jimbeam4736
      @jimbeam4736 Před 3 lety +12

      You can be binge eating while watching unrealistic youtube videos that make you hate yourself.

    • @justinblackfacetrudeau8943
      @justinblackfacetrudeau8943 Před 2 lety

      @Geoffrey Harris Commenting on youtube videos is for losers!

    • @sir.vumisa5184
      @sir.vumisa5184 Před 2 lety

      czcams.com/video/XnHBKdwTHuY/video.html

    • @heyjude2109
      @heyjude2109 Před 2 lety

      🤣

    • @Yugiboii
      @Yugiboii Před 2 lety +1

      And I took that personally… 😂😂

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting Před 3 lety +26

    Most people are poor, therefore most people shouldn’t be giving you money advice.

    • @alux
      @alux  Před 3 lety +2

      It wouldn't be a daily video without you Casey!

    • @Potatoroomr
      @Potatoroomr Před 3 lety

      Casey I need to get in touch with you dude. You have a similar mindset and I can see you’re well driven respect! On your most recent video as of now I’ll drop some contact information. Reach out when you can and be well

    • @CaseyBurnsInvesting
      @CaseyBurnsInvesting Před 3 lety +1

      @@Potatoroomr hit me up on ig my friend.

    • @Potatoroomr
      @Potatoroomr Před 3 lety

      @@CaseyBurnsInvesting will do

  • @walkingthroughdusk
    @walkingthroughdusk Před 3 lety +21

    1. Taking poor money advice from poor people
    2. Gambling & Lottery (luck isn't a strategy)
    3. Spending money on things that you want but don't need
    4. Not knowing how much money you spent last week month and year
    5. Spending money you don't have on things you can't afford anyway
    6. Trying to keep up appearances
    7. Having only 1 source of income
    8. Wasting money & time usually on entertainment
    9. Going yolo: thinking short term rather than long term
    10. Not learning how to invest & being afraid to change
    11. Spending first and then hoping there's something left to save or invest when you're done
    12. Paying too much in taxes
    13. Unhealthy lifestyles
    14. Wanting money to be easy and fast
    15. Staying poor is a choice
    16. Limited vs Unlimited Output

  • @davidmontroy3408
    @davidmontroy3408 Před 2 lety +3

    One of my income streams, comes from buying distressed properties, rebuilding them for resale or rental. House flipping, includes some risk, but if properly handled, can pay off well. One very common factor I have noticed with these properties, was every single one had some kind of satellite TV dish on them. So for houses that were generally used by people seasonally, as a summer beach getaway, unoccupied for winter months, they always seemed to have entertainment in common. Most of the properties would eventually be inherited after the owners pass away, by heirs that may have never even seen them. Since the tax bills would many times be ignored, these houses would get seized and auctioned by their towns for back taxes.

    • @aluxera4265
      @aluxera4265 Před 2 lety

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

  • @silverfranklin508
    @silverfranklin508 Před 3 lety +88

    Investment are stepping stones to success, investment is what create wealth

    • @jessicamolly9733
      @jessicamolly9733 Před 3 lety +1

      When you invest you're buying a day you don't have to work

    • @simontrees5289
      @simontrees5289 Před 3 lety

      Assets that can make you rich

    • @simontrees5289
      @simontrees5289 Před 3 lety

      Bitcoin
      Stocks
      Real estate

    • @gwencaster8470
      @gwencaster8470 Před 3 lety

      @One Big Happy Life It's not ignorance but due to some unprofessional expert in the market

    • @hanksflowell2994
      @hanksflowell2994 Před 3 lety

      I'm from Spain I have been an Investor in the crypto market for over 2 years now

  • @Manuel-gu9ls
    @Manuel-gu9ls Před 3 lety +44

    If you want to ride a Roll Royce, stop taken advice from Toyota drivers
    You’re video has been helpful as always....

    • @alux
      @alux  Před 3 lety +1

      Yep

    • @yanieso6806
      @yanieso6806 Před 3 lety

      Roll Royce is my dream car 🙏🏻

    • @Manuel-gu9ls
      @Manuel-gu9ls Před 3 lety

      @@yanieso6806 same also Maserati and Bugatti and Aston Martin

    • @Brabusrocket800
      @Brabusrocket800 Před 3 lety +2

      If wou want to ride a Rolls Royce, stop taking advice from "Roll Royce" drivers. :D

    • @Manuel-gu9ls
      @Manuel-gu9ls Před 3 lety

      @@Brabusrocket800 🤦‍♂️

  • @spellbindah
    @spellbindah Před 3 lety +16

    You know, coming from an extremely wealthy family growing up I found out that money is not everything. Ask a billionaire whose daughter needs a bone marrow transplant that his money can't buy if money is everything! Rich is not measured in how much money you have, it's how much quality time you have left

  • @wilburtmoreno469
    @wilburtmoreno469 Před 3 lety +65

    getting out of poverty is harder than you expect

    • @itsbeyondme5560
      @itsbeyondme5560 Před 3 lety +7

      Yes but better than nothing

    • @MsLinaPeanut
      @MsLinaPeanut Před 2 lety +15

      You have to start somewhere! And commitment is key! Listening to channels like this kept me focused and helped me pay off my 18k debt in under a year! Found two other side hustles and kept my eye on the prize!

    • @Yugiboii
      @Yugiboii Před 2 lety +19

      Staying in poverty is also hard, pick your hard.

    • @charlesg7926
      @charlesg7926 Před 2 lety +5

      It was hard for me to escape poverty when I wasn’t thinking creatively, when I was just an employee, when I was flabby and drank alcohol/smoked weed. Once I quit alcohol and weed 100%, prioritized fitness, and started my remodeling business, I got wealthy FAST.

    • @charlesg7926
      @charlesg7926 Před 2 lety +1

      It’s funny how quickly people will give you a $3000 or $5000 down payment check, when they see that you’re muscular, well groomed, sober, looking healthy, and talk knowledgeably about the product/service.

  • @hangas-s1507
    @hangas-s1507 Před 3 lety +43

    MONEY Thank you for today s episode. My grandfather used to say that no-one was born knowing everything. But if time goes on and you re still unknowing, that s the shame of yourself. He was a self made upper middle class person from having absolutely nothing, growing up in-between WW1 and WW2. (sorry, I lost my apostrophe somewhere along the way). I own stocks and shares.

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting Před 3 lety +49

    Alux changed my mindset to a rich mindset when I was massively in debt and working a dead end job. I was allowed to wear headphones on the job and Alux came waltzing into my life. Very thankful, you should all subscribe if you haven’t already.

    • @jinsimmz7679
      @jinsimmz7679 Před 3 lety

      Good job on the change of mindset man it's good to know that others listen to it at work as well your headphones that's the only reason why I pay the 10 buxks premium for CZcams I try to listen to it everyday

    • @GeoGallagher
      @GeoGallagher Před 3 lety +3

      Well said, Casey Burns. Alux, podcasts and similar replaced music and news in my daily routine.

    • @carlostosado8965
      @carlostosado8965 Před 3 lety

      AirPods at work is a great opportunity to learn new things. Love putting them in at work almost makes it seems I’m not there.

    • @olly2027
      @olly2027 Před 3 lety +1

      I’m trying to buy stock and painting.

    • @Ikruzbeats
      @Ikruzbeats Před 3 lety

      @@olly2027 what stock do you intend to buy

  • @lefakoaho2194
    @lefakoaho2194 Před 3 lety +13

    This video is so good and helpful Alux is the best,these are the types of videos we need.financial literacy is important 💯

  • @franckimmobilier1286
    @franckimmobilier1286 Před 3 lety +9

    Honestly speaking, this channel offers way more value than the get in return, it's just mind blowing

  • @amolbharat4970
    @amolbharat4970 Před 3 lety +15

    Money.
    Often wealth and money are in proportion to our values that we give.

  • @samph3315
    @samph3315 Před 2 lety +27

    About 20 years ago a friend told me that you can be young and poor but being old and poor really sucks. My dad had a sister who was the only one that never got traction on a career.
    Her state of poverty was upsetting for the whole family. Two of her sisters were social workers who between retirement, social security and investments would have had easy retirements if it wasn’t for the stress of having to help her out. (She did have a son who had his own financial struggles.)

  • @MaryLindo
    @MaryLindo Před 3 lety +8

    Don’t be scared of the new, embraced it and you will be rewarded for it.
    MONEY

  • @becausev8251
    @becausev8251 Před 3 lety +11

    Big thanks 😊 I got 30 this year, and I understand that I lived very very wrong until this year.. but I am starting to understand all the tips and tricks of this life 😊🙏

  • @thomashill3504
    @thomashill3504 Před 3 lety +19

    the consumer mindset can lead to self-ruin. great video Alux.

  • @mars_z7851
    @mars_z7851 Před 3 lety +9

    I am happy that I get to know something meaningful and productive things to learn from this channel, thank you Alux

    • @alux
      @alux  Před 3 lety

      ROHANNNNNN!!! Always great to see you!

  • @adrianok4266
    @adrianok4266 Před 3 lety +34

    In November last year, I took the plunge to buy stocks... 30 years old and aiming to grow my own wealth... good luck fellow Aluxers 👍

    • @alux
      @alux  Před 3 lety +3

      Best of luck Adrian!

    • @misterxavier2479
      @misterxavier2479 Před 3 lety

      Same here im 26 and I feel like I need to get my finances straight. I just started to invest in crypto

    • @olly2027
      @olly2027 Před 3 lety +2

      Same.

    • @joecopper2241
      @joecopper2241 Před 3 lety

      @@misterxavier2479 I made over 8btc from a crypto trade in just 13 days of trade

    • @howardjake5545
      @howardjake5545 Před 3 lety

      @@joecopper2241 8btc???
      How please?

  • @sessiakojenu4829
    @sessiakojenu4829 Před 3 lety +8

    MONEY. I like the explanation on linear and exponential work. It got me thinking on how to be doing exponential work and not linear work. Thanks.

    • @danielturczan2485
      @danielturczan2485 Před 4 měsíci

      Understanding exponential growth is the key to investment. Once you hit the inflection point on either an investment, or simply paying off debt, you'll start to really understand.

  • @reckszkingzactivitiesrkat.4134

    Alux back at it again with that real talk on them videos. Take notes people & don’t die broke 🔥

  • @vernlivingthefloridadream7370

    I think tattoos should get an honorable mention. I personally know people who sleep on their friends couches but are always talking about their next tattoo.

    • @vinsanity40k
      @vinsanity40k Před 3 lety +7

      yeah, i've known people who think nothing about spending hundreds on ink and then wonder why they can't keep their bills paid

    • @marcusbrown188
      @marcusbrown188 Před 3 lety +10

      People with piercings especially with nose piercings. Not only it’s trashy, it also cost money and physical pain. I lived in a poor neighborhood and then a rich neighborhood….it’s a huge cultural difference because u can find flashy stuff at poor neighborhoods and simple stuff at rich neighborhoods. Piercings and tatts in poor area. Clean taken care of skin in rich areas.

    • @missa1095
      @missa1095 Před 3 lety

      Hehe

  • @Potatoroomr
    @Potatoroomr Před 3 lety +69

    You guys changed my life thank you so much

    • @alux
      @alux  Před 3 lety +15

      That's why we work so hard Jose! Thank you!

    • @jorgevieira4489
      @jorgevieira4489 Před 3 lety +1

      So good tho ear that they will change my too

    • @deboraleggerini5729
      @deboraleggerini5729 Před 3 lety +3

      @@alux I agree Alux. You guys are doing humanity a favour and although I believe I am very money educated.... There are a few things that I am constantly learning with your videos. You empower people through practical advice to take control over their affairs, and not simply being a victim of things. Well done!

  • @sanketsaha1631
    @sanketsaha1631 Před 3 lety +8

    Money! Something I learnt is value of commitment. If you value your word, your value increases exponentially. These are people we want to work with cause they make things happen.
    If you don't value your word, world won't value you...

  • @glenchaos9
    @glenchaos9 Před 3 lety +38

    This was literally the perfect video I needed to watch right now, I know the final steps I need to take to change my life 🙏🏾💙

  • @MEETMagazine
    @MEETMagazine Před 3 lety +101

    I'm rich and well endowed however I still enjoy videos like this.

  • @Dakid015
    @Dakid015 Před 3 lety +5

    Wish Alux existed in my teens and 20s. I'm using these lessons now so I can live comfortably in my 40s. Thanks Alux for making a difference in our lives

    • @themooninvestment2929
      @themooninvestment2929 Před 3 lety

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E

  • @videostellall
    @videostellall Před 2 lety +2

    1) put all effort into your job, no matter what it is and how crappy it is. 2) Make yourself the expert at your job; make yourself too valuable to get rid of.. 3) Volunteer for the shit details 4) Mentor the younger workers to take your place. 5) Don't get comfortable in your job. When you are too comfortable, and getting bored, start looking before you lose value. If you do 1-4 successfully, you won't have to worry about getting a better job because you will get people trying to hire you away from your current job.

  • @PITOFLANNN
    @PITOFLANNN Před 3 lety +30

    Been watching and subscribed for over a year now, I’m 23 live in America and I’m very inspired by this video. Looking forward to the changes in my life. Thank you Alux !

    • @carlgarcia8809
      @carlgarcia8809 Před 3 lety +1

      Likewise bro. Same age 👍👍 from PH🇵🇭

    • @sir.vumisa5184
      @sir.vumisa5184 Před 2 lety

      czcams.com/video/XnHBKdwTHuY/video.html

    • @happycook6737
      @happycook6737 Před 2 lety

      Please also watch Dave Ramsey. He will steer you right financially.

  • @JuanCAraujoS
    @JuanCAraujoS Před 3 lety +10

    Well, I'm about to start a 7-day dopamine detox. So this is one of the last videos I'll watch on a week.
    I'm aiming to transform my dopamine generation habits from consumption to creation. This is just a first experiment... wish me luck!
    By the way: Money!

  • @thetop3channel432
    @thetop3channel432 Před 3 lety +11

    16: Having TOO MUCH kids!

  • @hmutandadzi
    @hmutandadzi Před 3 lety +4

    This is the deepest and most profound of all the Alux videos I have ever seen. Life changing stuff.

  • @surenpkumar
    @surenpkumar Před 3 lety +4

    The main reason for poverty is peer recognition in their group of people may be in office or college.

  • @peterjohnson9361
    @peterjohnson9361 Před 3 lety +6

    The world is changing! I’m glad to be part of that. The crypto has made so many millionaires already, it is the evolution of money

  • @phillydeangelo2850
    @phillydeangelo2850 Před 2 lety +4

    I love you guys. No matter how far you’ve made it. Keep challenging yourself to learn more. As always fantastic information. Keep it up. And I feel blessed to be part of the Alux family.

  • @accidentsafe
    @accidentsafe Před 3 lety +11

    I don’t have kids, I kinda want my money to run out at the same time I do.

  • @victory9015
    @victory9015 Před 3 lety +31

    If you earn every month 6000 and spend 1000-2000 every month you are basically rich!

    • @rmfinance1781
      @rmfinance1781 Před 3 lety +3

      This is what I was doing all of 2020. I was deployed overseas in Kuwait through the reserves. I was making almost 7000 a month (tax free) and was only spending 1200-$1500 on bills. I was pocketing over 5 grand a month.

    • @maryscottoconnor1203
      @maryscottoconnor1203 Před 3 lety

      No. You’re not. You’re well off. You’re not rich.

    • @rmfinance1781
      @rmfinance1781 Před 3 lety +2

      @@maryscottoconnor1203 you're right. Rich by definition is $2.3 million. To poor people 100k is rich. I remember my first job in corporate America back in 2012 I thought 45k was rich. That was until I saw those CA taxes. 🤣

    • @victory9015
      @victory9015 Před 3 lety +1

      I said basically guys!

  • @mikef.606
    @mikef.606 Před 2 lety +10

    "Every time you buy something you don't need, realize you've been marketed to."
    I'll take this one with me for the rest of my life. Thanks.

  • @BrandonClark-StocksPassports

    Dying broke is the most noble thing to do.
    Rather spend all my money and enjoy my life then leave cash to family members and kids who dont appreciate you anyway

  • @Gul_Jee
    @Gul_Jee Před 3 lety +15

    Another masterpiece thank you

  • @HenryEfeiam_topnotch08
    @HenryEfeiam_topnotch08 Před 3 lety +44

    Entitlement mentality and being lazy actually keeps people poor

    • @vivhiggins5656
      @vivhiggins5656 Před 2 lety +4

      How right you ar,

    • @luisostasuc8135
      @luisostasuc8135 Před rokem

      yeah, it must be that instead of people getting bankrupt from medical debt! in the richest country in the world too!
      /s

  • @chetanraju9588
    @chetanraju9588 Před 3 lety +22

    Best Notification on a Sunday ❤️

    • @alux
      @alux  Před 3 lety +7

      Like the Sun-rise we're here every single day!

    • @abhinavv04
      @abhinavv04 Před 3 lety +2

      @Alux.com You are the classiest yet super intelligible. Been years with you . Made my 10 million this month.

  • @milessuco2917
    @milessuco2917 Před 3 lety +7

    Practical ideas and teaching another wow vid from you alux,thank you!

    • @alux
      @alux  Před 3 lety +1

      Thank you for being an Aluxer for almost a year now Miles!

  • @thegirlykid
    @thegirlykid Před 3 lety +4

    The BONUS part is my favorite!!! THANK YOU SO MUCH FOR MAKING THIS VIDEO!!!

  • @ntobekongubane4893
    @ntobekongubane4893 Před 3 lety +9

    This is my favorite episode i really enjoyed it ,100% facts 🙌

  • @pinakkoladaa
    @pinakkoladaa Před 3 lety +5

    Your channel is truly extraordinary...So much value...Absolutely incredible! Thank you!

    • @alux
      @alux  Před 3 lety

      Thank you for being here Sandra! Glad to hear you found it valuable!

  • @samenglish7320
    @samenglish7320 Před 3 lety +6

    I love Alux. I learn a lot from your vidios it is time well spent. Keep up the good work.😊

    • @alux
      @alux  Před 3 lety +1

      Ohh we will!

  • @josephudokim2616
    @josephudokim2616 Před 3 lety +9

    Nice video!! Very engaging from beginning to end, nevertheless online investment is the best profitable way to earn money right now.

    • @luckiestjames7254
      @luckiestjames7254 Před 3 lety

      Indeed, investment won't be such a bad idea, I do stocks, forex trading and crypto.

    • @queenjones5692
      @queenjones5692 Před 3 lety

      Forex and crypto trading are good ways to earn extra income

    • @josephinerespect1860
      @josephinerespect1860 Před 3 lety

      The wrong investment can scar and hurt a lot of new people that are looking to preserve their wealth online

    • @houstonlivine7627
      @houstonlivine7627 Před 3 lety

      To choose the right investment is always the problem, for me Mrs Stephanie platform is my best investment choice

    • @elizabethjohn5938
      @elizabethjohn5938 Před 3 lety +1

      I've learnt that investment is the best way to preserve wealth

  • @nikhilsharma1694
    @nikhilsharma1694 Před 3 lety +4

    MONEY💵💵💵 . Amazing video . As always , Alux delivering delivering facts in an amazing way. I have been following this channel since 2017 . I am proud to me part of this community . More Power to you 👍👍

  • @technicalamanullah7019
    @technicalamanullah7019 Před 3 lety +19

    I own stocks. I watched your channel for a year and procastinated alot. But after a year and after watching your video on Warren Buffett, I felt inspired I read more and more about him and this strategies and then I started reading every book on financial markets by legends and now I am into trading and investing stocks for 2 years now

  • @WealthbuilderzTV
    @WealthbuilderzTV Před 3 lety +14

    That opening line “everyday you choose if your going to be rich or broke”. So deep

    • @themooninvestment2929
      @themooninvestment2929 Před 3 lety

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•

  • @ankahbello1327
    @ankahbello1327 Před 3 lety +2

    Ok, so how do I step up from being an employee to creating multiple streams of income?

  • @davidmontroy3408
    @davidmontroy3408 Před 2 lety +2

    A key point to add about #9 would be the "marshmallow test" experiments. It shows a clear correlation between subjects that could delay gratification and higher success factors in life in general.

    • @luisostasuc8135
      @luisostasuc8135 Před rokem

      That test was not very well done. More recent tests show that people who are starving have less willpower than people who've already had something to eat

  • @turbo5774
    @turbo5774 Před 3 lety +8

    Spending $7/day on coffee vs making the same coffee at home nets me $6.50/day to invest. Spend smart, be frugal but use that tool to grow your wealth and let your money grow itself

    • @sandrosamarasinghe3536
      @sandrosamarasinghe3536 Před 3 lety

      if in ur are coffee costs 7$ i'd say just open a coffeeshop and u r safe

    • @donaldlyons17
      @donaldlyons17 Před 3 lety

      @@sandrosamarasinghe3536 Yep selling multiple coffees for 7 dollar each will make you richer a whole lot faster!!! Original quote: (
      Adam Clark
      9 hours ago
      Spending $7/day on coffee vs making the same coffee at home nets me $6.50/day to invest. Spend smart, be frugal but use that tool to grow your wealth and let your moms grow itself) Your quote: (f in ur are coffee costs 7$ i'd say just open a coffeeshop and u r safe)

  • @01dumbfrog
    @01dumbfrog Před 3 lety +36

    Money so far I have opened a Stock account and bought just one share of John Deere (DE) per month 12 shares per year with earnings per share $14.50 the total amount comes to $4121.00 that surpassed my monthly income three times from SSDI. I would like to see you do a episode on how people who are wealthy use certain tools like Trusts and Foundations to protect themselves and reduce taxes.

    • @olly2027
      @olly2027 Před 3 lety +3

      I’m trying to buy more than one share of my stock.

    • @killap3nguin
      @killap3nguin Před 3 lety +7

      Never invest in one stock. Just buy a mutual fund or ETF. Diversify just in case the business doesn’t perform well or goes under.

    • @01dumbfrog
      @01dumbfrog Před 3 lety +3

      @@olly2027 I only gave one stock as an example. John Deere has been around for the last 100 years so I don’t think there’s much chance of them going under without showing the tail tail warning signs first.

    • @01dumbfrog
      @01dumbfrog Před 3 lety +2

      @@killap3nguin I have a lot of experience with stocks and I’m not listening all my pics just one of the better ones, I could have used Abbot Labs and shown very similar results.

    • @01dumbfrog
      @01dumbfrog Před 3 lety +4

      @@olly2027 so pick a cheaper stock but remember to diversify your portfolio so you don’t get slaughtered..

  • @gwillis01
    @gwillis01 Před 3 lety +4

    I agree that you should make savings your first priority. First deposit ten percent in your savings account, then plan how to spend the remainder.

    • @luisostasuc8135
      @luisostasuc8135 Před rokem

      yeah, tell that to people who work minimum wage for reasons beyond their control. People who literally need 3 roommates to afford an apartment in some cities.

    • @gwillis01
      @gwillis01 Před rokem +1

      @@luisostasuc8135 All it takes is rigid self discipline and maturity to make savings a priority

  • @Snoopyni0h
    @Snoopyni0h Před 3 lety +1

    Thank You So Much For Your Valuable Advices Maaan 🖤

  • @johndarlingnyendwa2978
    @johndarlingnyendwa2978 Před 3 lety +5

    This is very educational video and like all your other videos - they are mind blowing. The sky is no longer the limit but self limitations are the limits. We should all think exponentially and move on a multi layer trajectory. Thank you Alux.

    • @alux
      @alux  Před 3 lety

      If everyone had access to this kind of education, we would all prosper!

    • @johndarlingnyendwa2978
      @johndarlingnyendwa2978 Před 3 lety

      Very true. Pick the winners and back them up. Thanks Alux.

  • @ryanedwards2681
    @ryanedwards2681 Před 3 lety +5

    Great job Alux team--you just hit another home run. All my life I thought I was crazy so it's good to know that I am not. It's extremely liberating to know that I was a victim of conditioning by the masses and that I live in a sick society. No more! Time to take back the power and consciously choose what I consume, my environment, what I eat, and the people I hang around. Thank you for all the value your team regularly produces. MONEY!

    • @alux
      @alux  Před 3 lety +2

      If you don't want to end up like them... don't do what they do Ryan!

  • @intowinelife9744
    @intowinelife9744 Před 3 lety +1

    Money! Am a proud Aluxer. Alux has really help me improve how I see life. Thank you Alux team! Love from Nairobi, Kenya!

  • @majorturk4307
    @majorturk4307 Před 3 lety +2

    The Lending money hit me the most... I've learned that lesson a hard way

  • @georgehowelliii5666
    @georgehowelliii5666 Před 3 lety +6

    MONEY!! Another Great Video! You, guys; have changed my life for the good; and I can not thank you enough!!!!

    • @alux
      @alux  Před 3 lety

      Thank you for being here George!

  • @matgicjonno2155
    @matgicjonno2155 Před 3 lety +4

    "When you were young you believed in Santa and magical flying rainier's, but now you don't believe in yourself? Really"

    • @bagelitsandila4611
      @bagelitsandila4611 Před 3 lety +1

      OUCH!

    • @donaldlyons17
      @donaldlyons17 Před 3 lety +1

      When your young you believe anything including in yourself. For some fear of failure is the problem not belief. But when you fail when your young recovery is a whole lot easier than when you fail when your old!!! Failure is not the problem recovery is!!! Your quote: (When you were young you believed in Santa and magical flying rainier's, but now you don't believe in yourself? Really")

    • @themooninvestment2929
      @themooninvestment2929 Před 3 lety

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•✓✓✓

  • @jeimmybernal1119
    @jeimmybernal1119 Před 3 lety +2

    Thank you guys!!! Abundance for you all!!! 🌈🙏

  • @heidiluotolahti4305
    @heidiluotolahti4305 Před 2 lety +3

    Fantastic material. With one exception. I am a medical doctor very soon to retire and my best achievement has been my three kids. Try to include them into your plans.

    • @aluxera4265
      @aluxera4265 Před 2 lety

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

  • @lohitnaik8509
    @lohitnaik8509 Před 3 lety +4

    Strongly Believe in Alux getting even more bigger! Love from India! On my way to make it big by implementing advices from Alux :D

    • @alux
      @alux  Před 3 lety

      We're going for 10 Million subs

  • @milosginoballek2639
    @milosginoballek2639 Před 3 lety +9

    Thank you, Alux Team, for your incredible and fantastic videos!! I am working on my business and investment background to create a multiple streams of income and videos like this one are as important for me as the actual process of getting rich❤All the best for you all, Aluxers👍🤗👊🥂😎

    • @alux
      @alux  Před 3 lety +2

      It's these ideas that allow you to build wealth Milos! Thank you for being an Aluxer!

  • @horacehoto105
    @horacehoto105 Před 3 lety +1

    Thanks so Much,Am grateful for the Wisdom you have empathy in Me💯❤️ My Day just started!!!!

  • @kahtleyita23quin
    @kahtleyita23quin Před 3 lety

    Alux lady does a Christian channel voice also.
    How long, ye simple ones, will ye love simplicity? And the scorners delight in their scorning, And fools hate knowledge? Turn you at my reproof: Behold, I will pour out my spirit unto you, I will make known my words unto you. Because I have called, and ye refused; I have stretched out my hand, and no man regarded; But ye have set at nought all my counsel, And would none of my reproof: I also will laugh at your calamity; I will mock when your fear cometh; When your fear cometh as desolation, And your destruction cometh as a whirlwind; When distress and anguish cometh upon you. Then shall they call upon me, but I will not answer; They shall seek me early, but they shall not find me

  • @valariewillis6815
    @valariewillis6815 Před 2 lety +3

    Your channel is so informative - I have recommended it to many! I also try to mentor those who I find willing and worthy 😉

    • @aluxera4265
      @aluxera4265 Před 2 lety

      Excellent operative influence thank you so much for your reply and I will also advise you to start a new life of trading investment

    • @aluxera4265
      @aluxera4265 Před 2 lety

      I offer professional account management for investors/clients willing to trade the Forex and binary market, as well an open-network system to enable them get in grips with trading overtime.

  • @vianns
    @vianns Před 3 lety +3

    " Poor people are bad with money "
    Simply say🔥, so I am learning hard how to be good with money.

    • @Ikruzbeats
      @Ikruzbeats Před 3 lety

      What have you learned so far .

    • @vianns
      @vianns Před 3 lety

      @@Ikruzbeats Concept like :
      _ Work more on myself than my job (Jim Rohn)
      _ Spend less money
      _ Always pays me first
      _ Not just save money but Invest
      _ The more I learn, the more I Earn.
      And many more.... I'll put in practice 😉.

  • @Paul_425
    @Paul_425 Před 2 lety +1

    Understabding MONEY mindset is 💯 one of the important knowledge.

  • @Heisenberg868
    @Heisenberg868 Před 3 lety +4

    "Money" very educational and motivational

  • @hvsingh1733
    @hvsingh1733 Před 3 lety +5

    BEING LAZY is a big reason of staying poor....

    • @themooninvestment2929
      @themooninvestment2929 Před 3 lety

      W•H•A•T•S•A•P •
      +.=1.=8.=1.=4.=2.=2.=0.=6.=5.=0.=5
      T•O E•A•R•N H•U•G•E P•R•O•F•I•T•S F•R•O•M C•R•Y•P•T•O•C•U•R•R•E•N•C•Y T•R•A•D•E•

  • @JamesMwamisi
    @JamesMwamisi Před 3 lety +27

    Money:
    I smiled when she mentioned Nairobi.

  • @tomahawk1556
    @tomahawk1556 Před 3 lety +1

    Thank You So Much Alux for the Valuable Tutorial for dumb~dumb like us! Stay Safe & Stay Grateful! 🌷🌿🌍

  • @subashchandra7993
    @subashchandra7993 Před 3 lety +2

    Wow here I go with blissfulness watching Alux

  • @annitatriantafyllopoulou2734

    Money 💵 makes the world 🌍 go round!

    • @aluxera4265
      @aluxera4265 Před 2 lety +1

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

    • @aluxera4265
      @aluxera4265 Před 2 lety

      I offer professional account management for investors/clients willing to trade the Forex and binary market, as well an open-network system to enable them get in grips with trading overtime.

    • @crrimz
      @crrimz Před 2 lety +1

      Thought it was the sun's gravity. Live and learn ;)

  • @kandkhudson
    @kandkhudson Před 3 lety +4

    Allowing their children to take their money without just cause.

  • @naimahabdullah-gulley4405

    Glad I came across this channel. Feed your mind with something that's going to help you grow.

    • @aluxera4265
      @aluxera4265 Před 2 lety

      Thanks for your feedback , I will also advise you get a good life by starting to invest , especially on stock market and crypto currency,I will refer you to my trade analyst and financial guru to assist you and make good profits ...

    • @TitaniumTronic
      @TitaniumTronic Před 2 lety

      More like helping you hate yourself when you don't succeed LMAO

  • @vkumar10091986
    @vkumar10091986 Před 3 lety +1

    Great advice, another fantastic work by Alux

  • @MQ2011de
    @MQ2011de Před 3 lety +3

    6:46
    Why do you need to have a kid?
    Seriously, that's really bad phased. What ideology is behind that?

  • @nafisakwande6544
    @nafisakwande6544 Před 3 lety +7

    Alux videos are simply the BEST.I love the introduction, Hi Aluxers,the place where future Billionares are made,hmmmm!!! Feels good and gives you a sense of belonging amongst the community of Great Entrepreneur's.

  • @kamzaboyzin5158
    @kamzaboyzin5158 Před 3 lety +2

    Thank you for the extra bonus it really helped♥️

  • @fleurdepapaye9635
    @fleurdepapaye9635 Před 3 lety +1

    Amazing content, I save this video as my favorite inspirational motivation 👍👍👍