How To Build Wealth With $0 - The Easy Way

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  • čas přidán 22. 08. 2021
  • Let's discuss how to build wealth with no money, the best ways to make passive income, and how to grow your investments to $500,000 - the amount most Americans say they would need to feel financially secure. Enjoy! Add me on Instagram: GPStephan
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    1. BE CAREFUL WHO YOU LISTEN TO.
    The fact is, if you REALLY want to build your wealth…you NEED to go against the grain and do what most people are NOT doing, and that includes listening to people who are where you want to be.
    2. YOU NEED TO START MAKING MONEY
    Most likely, IF your goal is to try to build up your wealth as FAST as possible…you aren’t going to get there through a traditional job. Instead, pick a career or a business that ISN’T dependent on how many hours you work, but on the results you achieve. If you ignore the rest of the video and just focus on ONE thing, let it be this - because, it’s important.
    3. GET IN THE HABIT OF INVESTING EVERYTHING IMMEDIATELY.
    If you want to build your wealth, the reality is that - the longer you wait to start INVESTING - the more difficult it’s going to be….because, the more time you allow for your money to grow, the more money you’ll eventually have.
    4. CREATE MULTIPLE STREAMS OF INCOME.
    The average millionaire has more than 3 income sources - and, generally, the most income sources you have, the more money you're likely to make. This could include dividend income, capital gains, interest income, rental income, royalty income, earned income, or money generated from a side hustle.
    5. MINIMIZE YOUR SPENDING
    It’s said that the average American spends $18,000 per year on non-essential items…and this is something nearly EVERYONE can start cutting back on, immediately.
    6. AVOID LIFESTYLE INFLATION.
    The only way to overcome this is if you make more money, keep your expenses the same - don’t change a SINGLE thing - and invest the difference immediately. If you’re earning $40,000 and get a raise to $60,000…great, now you save another $20,000.
    By doing all of this - growing your wealth from nothing to $500,000 in less than 10 years is entirely possible, even without a crazy high starting income….but - it will require a lot of work, sacrifice, and discipline to stay consistent…it means you’ll have to cut back as often as possible, and otherwise live like you’re constantly broke…BUT, AFTER those 10 years…you’ll have the financial security that most people DREAM ABOUT…and those habits are likely to continue forward to build an even greater future.
    My ENTIRE Camera and Recording Equipment:
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    For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
    *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/

Komentáře • 3,5K

  • @TastingHistory
    @TastingHistory Před 2 lety +11241

    Oh good! I already have $0! First step accomplished.

  • @Angels-Grace
    @Angels-Grace Před měsícem +78

    My sister was working in a Nail Studio and the costumers would pay 40-80€ each set depending on how much they want on their nails. Depending on each costumer she needs about 30 mins to an hour for a Set. Made a bunch of money per month and kept the money to open her own Nail Studio. She started hiring people that want to learn doing nails and trained them. Once she had good workers, she started to open her second Studio and it just kept going. Nowadays she only has to manage workers and do some office stuff, since everything is working. Her workers are getting paid over averagely and she earns six figures every year by doing little to no work and having more time for family.

    • @MrJohnnyDistortion
      @MrJohnnyDistortion Před 16 dny +1

      But don't her employees have to go to a school for a certain amount of hours and pass a state exam to be employed is this field?🤔

    • @yippehanako
      @yippehanako Před 9 dny +1

      ​@@MrJohnnyDistortion they stated the cost in Euros so, the rules are probably different (assuming you're talking about the us because you said 'state exam')

  • @martinbelanger9963
    @martinbelanger9963 Před 5 měsíci +409

    People still make videos about zero to a hundred riches.. that thinking is the only way to slow yourself down.. to make money, you have to invest wisely

    • @stephmeldrich6765
      @stephmeldrich6765 Před 5 měsíci +3

      very true, people dont realize how much money is being made day to day on the internet... I do not even bother explaining it anymore

    • @collinsnorman473
      @collinsnorman473 Před 5 měsíci +4

      It is because you must accept that you cannot accomplish everything on your own. When you do not practice division of labor, it is referred to as greed.I made a million dollars trading stocks last year with expert advice, paid the commission since I am not greedy, and the rest was history. Quite easy if you are informed

    • @JamesF.Brennan
      @JamesF.Brennan Před 5 měsíci

      I've been thinking about going that route. I have a lot of stocks that I have maintained, but they are beginning to lose value, so I'm not sure if I should hold onto them or sell them. I feel hiring your investment coach would make it easier to restructure my portfolio.

    • @collinsnorman473
      @collinsnorman473 Před 5 měsíci

      sure! I work with Mrs Emily Lois Parker and you can lookher up as she is famous in the US

    • @JamesF.Brennan
      @JamesF.Brennan Před 5 měsíci

      thanks for tip, Just looked her up, she seems amazing and I am looking forward to working with her

  • @BGB770
    @BGB770 Před 2 lety +569

    1:21 Be careful to who you listen to
    2:03 Earning money
    3:54 Investing immediately
    6:35 Create multiple source of income
    - earned income 7:08
    - dividend income 7:23
    - capital gains 7:59
    - interest income 8:22
    - rental income 8:38
    - Side hustle 9:25
    10:07 Goal 500k
    13:25 lifestyle inflation

  • @vesh
    @vesh Před 2 lety +2166

    i've learned more financial advice from Graham than from 12 years of school 😅

    • @GregMurphyCanFixIt
      @GregMurphyCanFixIt Před 2 lety +74

      That's because it isn't taught in school. 👍

    • @junaidali6425
      @junaidali6425 Před 2 lety +8

      C'mon evil from minecraft to this
      You are as free as i am

    • @bluesulffer9675
      @bluesulffer9675 Před 2 lety +2

      why is evil here lol

    • @TheAlex3061
      @TheAlex3061 Před 2 lety

      First time I’ve ever seen you comment on a video, are you new ?

    • @lotto5742
      @lotto5742 Před 2 lety +2

      They don't teach you finance in school. So the jokes on you.

  • @michealwrubell4302
    @michealwrubell4302 Před rokem +903

    Great Video Mav! Maybe make a video on potential investments in this current market that would fetch substantial profit, been coming across articles on bloomberg, business insider etc about folks raking in $200K averagely in 6weeks using some sophisticated strategy and I'd love to know how.

    • @lipglosskitten2610
      @lipglosskitten2610 Před rokem +2

      Investing in stocks is a good idea, a good trading system would puts you through many days of success.

    • @Walter_hill_
      @Walter_hill_ Před rokem +1

      I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential.

    • @lipglosskitten2610
      @lipglosskitten2610 Před rokem +1

      @Dan Brooks Big Credits to 'Christine Jane Mclean she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Christine as been a good guide through the year.

  • @kelvinjohnson4
    @kelvinjohnson4 Před rokem +238

    Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

    • @Karagoldberg7
      @Karagoldberg7 Před rokem +3

      Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor

    • @adakkristinn
      @adakkristinn Před rokem +2

      Not at all, having monitored edge my portfolio performance which has made a jaw dropping $780k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.

    • @LionTowercoporation
      @LionTowercoporation Před rokem

      @@adakkristinn Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @adakkristinn
      @adakkristinn Před rokem

      @@LionTowercoporation Colleen Janie Towe” is her name, you can search her up for her info

    • @LionTowercoporation
      @LionTowercoporation Před rokem

      @@adakkristinn Thanks for this tip. Her website popped up on the first page immediately I searched her on google web, I read through his resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.

  • @andrewcleverly1322
    @andrewcleverly1322 Před 2 lety +486

    When you invest, you are buying a day that you don't have to work.
    I pray everyone reading this becomes successful.

    • @andrewcleverly1322
      @andrewcleverly1322 Před 2 lety

      @John Alfred you can reach out to him now on FB 👇

    • @andrewcleverly1322
      @andrewcleverly1322 Před 2 lety

      @John Alfred Mark J. Ramsey

    • @site_is_down
      @site_is_down Před 2 lety

      Long-term thinking or mindset gets us to long-term results. Do consistently investing and see how you have saved yourself from financial crisis.

    • @thewinner4319
      @thewinner4319 Před 2 lety +1

      Amen🙏, thank you, and you too BATMAN says!😊

    • @jporpmer
      @jporpmer Před 2 lety

      @John Alfred shib
      .Shibarium will be released soon... don't sleep

  • @MIchaelGuzman737
    @MIchaelGuzman737 Před rokem +470

    There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.

    • @greekbarrios
      @greekbarrios Před rokem +2

      Time in the market beats market timing. Some people think they can view investing as a get-rich-quick scheme, but it doesn't quite work that way. It's a long-term commitment as you can see from kevin's portfolio performance.

    • @sommersalt88
      @sommersalt88 Před rokem +5

      Because of these market uncertainties, I do not base my market judgements and conclusions on rumors and hearsay. I let my emotions get the best of me in 2020, leaving me in an useless position in the market; I had to reorganize my whole portfolio with the help of an advisor before I began to see major results in my portfolio. I'm still working with the same advisor and have made more than $1.5 million in two years. Whether it's a bull or bear market, both create good returns; it just depends on where you look.

    • @kashkat987
      @kashkat987 Před rokem

      @@sommersalt88 Unquestionably, we are only one information away from collecting wealth; I know many people who made their fortunes from the Dotcom and 2008 crashes, and I have examined similar prospects in this present market; might this person who helps you assist you?

    • @sommersalt88
      @sommersalt88 Před rokem +6

      My advisor "LISA ELLEN SHAW" is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversification as a bear market buffer and is considered an expert in that field. I recommend doing further research on her references. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market profitably.

    • @kashkat987
      @kashkat987 Před rokem +1

      @@sommersalt88 This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @oliviaralston1
    @oliviaralston1 Před rokem +74

    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. I pray that anyone who reads this will be successful in life

    • @vivandrel7530
      @vivandrel7530 Před rokem

      You are right, to be a successful person in life require him or her of hard work and time

    • @geralyncainglet2626
      @geralyncainglet2626 Před rokem

      The thing about been successful is working toward it and not going the other way round

    • @clydeorlan2615
      @clydeorlan2615 Před rokem

      You are right. Been thinking of going into gold and cyptocurrency

    • @hauwaahmad9606
      @hauwaahmad9606 Před rokem

      It's obvious everyone is doing this online Investment

    • @prince2405
      @prince2405 Před rokem

      Investment is the key to achieving success with the current pandemic slowing down so many businesses aww

  • @CoralieGuilla
    @CoralieGuilla Před 21 dnem +254

    Thanks for sharing PEPE and AMS77H. 💯

  • @raaviusa
    @raaviusa Před 2 lety +609

    My takeaway: Pick a career or business that's not depend on how many hours you work
    This well aligns with Jim Roh's saying “You don't get paid for the hour. You get paid for the value you bring to the hour.”

    • @RGE_Music
      @RGE_Music Před 2 lety +11

      Any careers you recommend?

    • @dorg9502
      @dorg9502 Před 2 lety +1

      @@RGE_Music Writer

    • @Skoal36
      @Skoal36 Před 2 lety +32

      @@RGE_Music strippers an cocaine.

    • @l.c.6321
      @l.c.6321 Před 2 lety +10

      im not smart. so any suggestions for me? 😂

    • @ww-ue7nj
      @ww-ue7nj Před 2 lety

      Some jobs in Wall Street

  • @TheItrucker
    @TheItrucker Před 2 lety +252

    I earned my money the old fashioned way...I inherited it all

    • @andretran851
      @andretran851 Před 2 lety +13

      The true way 😌

    • @luxurybuzz3681
      @luxurybuzz3681 Před 2 lety +11

      But how did your ancestors get the money that you inherited? They made that money

    • @LasTCursE69
      @LasTCursE69 Před 2 lety +20

      @@luxurybuzz3681 Or stole it..

    • @Foodfreal
      @Foodfreal Před 2 lety +2

      @@luxurybuzz3681 nah they also inherited it

    • @AidenYuso
      @AidenYuso Před 2 lety +12

      @@frankdonnie3713 shut up

  • @matthewmurcia9823
    @matthewmurcia9823 Před 2 lety +31

    Very recently turned 18, you have helped massively gain a perspective on what to do. Positivity has really made me change my overall mindset. More doing less talking.

    • @site_is_down
      @site_is_down Před 2 lety +1

      You're now at the right age to start creating a future where you don't have to worry about your finances. Do something that your future self will thank you for. See you around!

    • @RM-ti2bv
      @RM-ti2bv Před rokem

      Don't squander it, you got the advice, make a plan. I didn't. Now I'm stressing at 30. Don't be me lol please

  • @Shalefist
    @Shalefist Před rokem +4

    I still think it speaks volumes about the American lifestyle that a second job is a technical necessity just to achieve any semblance of fiscal stability. If you told youngsters in high school that, for the cost of their 20s they could be free *but* no parties, trips, and just work 60+ hours, you would be heckled out of the room. This is also why such true advice is almost never followed, and yet given away for free: no one wants to hear that the main purpose of, and the bedrock of success in life, is sacrifice.

  • @crishernandez6224
    @crishernandez6224 Před 2 lety +143

    I’m 19 and I’m spending my time listening to this guy that I stumbled upon on randomly one day and I don’t regret it.

  • @damian7223
    @damian7223 Před 2 lety +458

    average young guy: spends 2000$ per year on coffee
    graham: invest the money
    business idea: start a coffee shop 😘

    • @Rhyd
      @Rhyd Před 2 lety +21

      Or better yet set up a catering trailer selling fresh cups of bankroll coffee. Call it the Bank Vault 😂

    • @Kirtoisplayz
      @Kirtoisplayz Před 2 lety +1

      @@Rhyd LMAO that would be perfect!

    • @JerEditz
      @JerEditz Před 2 lety +3

      It works. Just do the work in finding good coffee in some far off forest and business will go to the moon.

    • @elonmusk8461
      @elonmusk8461 Před 2 lety

      Nikola stock is the best before it skyrockets on Friday

    • @kinilas
      @kinilas Před 2 lety +5

      Dang what young guy has that much money to spend on coffee?

  • @ChelseaMonash
    @ChelseaMonash Před 21 dnem +367

    Why everyone is talking about AMS77H?

  • @josephblake9422
    @josephblake9422 Před 2 lety +29

    Well I earned $ 1250 through James, had doubts but glad I gave it a shot

  • @Sevenaitken
    @Sevenaitken Před 2 lety +14

    “What’s up graham is guys here” 0:01

    • @gavinator9763
      @gavinator9763 Před 6 dny

      Thank you I was like someone had to notice😂

  • @raygauthier2238
    @raygauthier2238 Před 2 lety +64

    To "Canadianize" it a bit... The Roth IRA is equivalent to the Tax-Free Savings account (which should be called the Tax-Free Investment Account -- but that's another story) and the 401K 's Canadian equivalent is the RRSP.

    • @howtoadultschool
      @howtoadultschool Před 2 lety +8

      Good contribution, this is super helpful for all us fellow canadians! There are so many american finance channels, it's good to see the canadian version of the information. :)

    • @caraRL
      @caraRL Před 2 lety +6

      And to "Quebecianize" it a bit in french.. the TFSA is "Compte d'épargne libre d'impôt" (CÉLI) and the RRSP is "Regime enregistré d'épargne-retraite" (REÉR)

    • @shaneryan5624
      @shaneryan5624 Před 2 lety +1

      Is their a Roth IrA equivalent in Ireland?

    • @raygauthier2238
      @raygauthier2238 Před 2 lety +2

      @@caraRL Merci mon ami. J’aurais dû y penser.

    • @cy6434
      @cy6434 Před 3 měsíci

      Oohh thanks for this

  • @graydonrobson7471
    @graydonrobson7471 Před 2 lety +1

    To live a life that most won’t you must do more that what most will. A quote that I remember when grinding and not seeing instant results

  • @ivyhatsune18
    @ivyhatsune18 Před rokem +13

    Loved loved loved this video!!! Thank you so much Graham!! SO Helpful having everything you mentioned summarized in a visual style! As someone with Synesthesia and ADHD I appreciate you!

  • @TheIcedCoffeeHour
    @TheIcedCoffeeHour Před 2 lety +841

    WOW! This is incredible work graham. I really needed this video right now, thanks!!! SUBBED!

    • @DGBAntho
      @DGBAntho Před 2 lety +12

      Wow Jack your studio tour was amazing at the end 😉

    • @chrisklupenger4999
      @chrisklupenger4999 Před 2 lety +4

      Hi jack!!

    • @GrahamStephan
      @GrahamStephan  Před 2 lety +92

      WOW THE NEW STUDIO SET IS INCREDIBLE!

    • @manak2667
      @manak2667 Před 2 lety +2

      @@GrahamStephan Graham u gonna make a video on techleads recent scam coin? could be a banger

    • @nintendoknight1808
      @nintendoknight1808 Před 2 lety

      Took the words right out of my mouth!

  • @OliverFoote
    @OliverFoote Před 2 lety +15

    I recommend only watching Graham's Videos, and spending the rest of the evening making your own

  • @joesphcu8975
    @joesphcu8975 Před rokem +255

    Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.

    • @alexyoung3126
      @alexyoung3126 Před rokem +4

      The outstanding catch-up measures currently in place are unquestionably due to the Fed, as they were first too sluggish to contain inflation. The epidemic, supply-chain concerns, and the situation in Ukraine are all factors in the looming perfect storm of inflation. Not to mention the sharp increase in housing expenses, another factor that makes it challenging for the Fed to control inflation. To sum up, if you have the cash, get rid of it right away to benefit from the high savings rate.

    • @lawerencemiller9720
      @lawerencemiller9720 Před rokem +4

      The issue is this! Individuals with little to no experience in the stock market commonly try to buy on their own. Prior to acting appropriately and getting in touch with financial advisor Eileen Ruth Sparks in the US, I had the notion, but things have changed since then. I began seeing incredible returns on my investment.

    • @kimyoung8414
      @kimyoung8414 Před rokem +1

      Although this is impressive, my portfolio is in such horrible shape that I definitely need their aid. Tell me how I can get in touch with her, please.

    • @lawerencemiller9720
      @lawerencemiller9720 Před rokem +2

      Check up on Eileen; in 2020, she attracted a lot of attention. I'm not sure whether I have permission to say anything, but... okay. She acts as my mentor and manages my portfolio.

  • @stephmeldrich6765
    @stephmeldrich6765 Před 10 měsíci +49

    I’m saving and investing around 70 percent of my income in the financial market(high yield etfs, stocks, coins, gold etc) pretty much how I made my first million although with an FA. I have a high paying job, and I live upstate NYC. my expenses are low. I have zero debt, low rent and car paid off. So i can just save. feel lucky at this point I'm actually grateful for Lisa Rosa Cavanagh handling my portfolio, she's the only person i know that's richer than me hahah!!!

    • @larryronhartfield55
      @larryronhartfield55 Před 10 měsíci +1

      That’s some good values. sounds like you got something going for you

    • @meredithelbert6608
      @meredithelbert6608 Před 10 měsíci

      I did read about Lisa Rosa Cavanagh on the web., quite a great bio she has

  • @XavierV37
    @XavierV37 Před 2 lety +431

    Investing is like planting a tree. The best time to plant a tree was 30 years ago. The second best day is today.

  • @cpbeauvoir
    @cpbeauvoir Před 2 lety +38

    Starting on my wealth journey. Currently have no income and several thousands in debt. So excited to come back to this comment in a year and see how I've improved 👏🏿

    • @derrickharris7318
      @derrickharris7318 Před 2 lety +13

      I was 36 with tens of thousands in debt and on the streets now I'm 39 with a 6 figure retirement fund you can do it if you focus

    • @cpbeauvoir
      @cpbeauvoir Před 2 lety +5

      @@derrickharris7318 thanks so much for sharing your story. I'm definitely encouraged and looking forward to building wealth.

    • @aprilsparks1111
      @aprilsparks1111 Před 2 lety +4

      You got this!

    • @pkjk1255
      @pkjk1255 Před rokem +2

      @@derrickharris7318 damn that was a pretty quick turnaround. How'd you do it?

    • @derrickharris7318
      @derrickharris7318 Před rokem +10

      @@pkjk1255 I'm cheap I don't waste money I don't need fancy or brand new just a roof and a shower humble so I do as required working long hours and side jobs giving more than is required how do I do all that? Jesus is all I can say it's not about me no more I just do what's right. Consistency is the main goal it don't have to be done overnight.

  • @setsuna7618
    @setsuna7618 Před 2 lety +3

    I teared up. This is amazing and I need more of this video type. Ty Graham

  • @josegasperin4236
    @josegasperin4236 Před rokem +69

    I been following his advice and I was making 18k a year now I’m up to 180k a year and growing as long as you follow and make smart choices it definitely helps

    • @hansalvarado4286
      @hansalvarado4286 Před rokem +15

      are you making a million and 800K now?

    • @grqfes
      @grqfes Před 11 měsíci +5

      @@hansalvarado4286 no, hes past that at a billion and 800 million. he just made smart choices and didnt buy coffee.

  • @MoneyIQ_YT
    @MoneyIQ_YT Před rokem +4

    Everyone: 500k in 18 years ☠️ hell no I’m not waiting 18yrs
    18yrs later
    Everyone: only has 50k in retirement.
    🤦‍♂️

  • @tropicalbreeze7508
    @tropicalbreeze7508 Před 2 lety

    Thank goodness I found your channel. Such great information that I am definitely using. Thank you sir, take care till the next video.

  • @topshelve788
    @topshelve788 Před 2 lety +1

    Thank you Graham, your knowledge is priceless.

  • @JoshuaDuke
    @JoshuaDuke Před 2 lety +33

    We are debt free except for our house. Incomes increasing, expenses decreasing, investments growing. Life is good. $5 and ebay replaced my wifes income. Waking up at 5am to youtube and just hit 600 Subs! Pretty pumped at how things are going. Listen to graham and do the things.

    • @howtoadultschool
      @howtoadultschool Před 2 lety +1

      Congrats on the 600 subs! Sounds like you're on a great track :).

  • @jc_1338
    @jc_1338 Před 2 lety +59

    I feel like I’ve seen this video 1000000 times now lol

    • @Jdizzle455
      @Jdizzle455 Před 2 lety +11

      Same vid, different title, either way it always motivates me at least lol

    • @andreimitrica77
      @andreimitrica77 Před 2 lety +1

      @@Jdizzle455 thought I was the only one trippin😂

    • @Jdizzle455
      @Jdizzle455 Před 2 lety

      @@frankdonnie3713 any askers?

  • @erickgarciacosta
    @erickgarciacosta Před 10 měsíci

    Probably the best video I've watched talking about this subject!

  • @Simple_Improvements
    @Simple_Improvements Před rokem

    Rewatched today. This video is so well put together, keep it up! 🔥

  • @tylerjacome6384
    @tylerjacome6384 Před 2 lety +87

    For people wondering about the thumbnail 250 A-day for a whole year is $91000

    • @jovelove2115
      @jovelove2115 Před 2 lety +6

      Almost there. $40 a day passively

    • @nocarbon6301
      @nocarbon6301 Před 2 lety +7

      @@jovelove2115 how do you make 40 a day passively?

    • @Anonymous-ld7je
      @Anonymous-ld7je Před 2 lety +3

      @@jovelove2115 That is excellent

    • @yungrxco3177
      @yungrxco3177 Před 2 lety +2

      @@jovelove2115 give me the juice

    • @dku1337
      @dku1337 Před 2 lety +2

      @@jovelove2115 tell us how

  • @victorreynaga1805
    @victorreynaga1805 Před 2 lety +6

    When my friends got their stimulus checks a couple months ago...they bought new phones or other electronics...I put my whole check into the stock market and already doubled it ... I'm glad made the correct decision

  • @ciscoshibler3214
    @ciscoshibler3214 Před 2 lety +2

    Good advise!! I just started my rough Ira. I have high hopes for it!

  • @TheGreatWasian_
    @TheGreatWasian_ Před rokem

    I love that this advice is very practical and not over the top or unrealistic

  • @davidrex9592
    @davidrex9592 Před 2 lety +8

    I wish this content was around when I was younger. I had a late start at 45 because I was financially stupid now playing catch up

    • @seancappel741
      @seancappel741 Před 2 lety

      Better that you started now than put it off!

  • @mattbowyer6211
    @mattbowyer6211 Před 2 lety +206

    Graham: “What do you do between 6pm and midnight?”
    Me: “SMASHING the like button on this video” 😂

  • @imdee9024
    @imdee9024 Před 2 lety

    Respect! Just the time that went into a video like this and he always over delivers. REALLY wish there was a South African version of him

  • @successwithstacee9290
    @successwithstacee9290 Před 2 lety +6

    Just work so much you don't have time to spend money. Yep that's probably my favorite one.

  • @bryceabel7651
    @bryceabel7651 Před 2 lety +10

    Graham can you do an updated “how to build wealth as a teen” ?

  • @stefansoderqvist7783
    @stefansoderqvist7783 Před 2 lety +5

    0:40 This is starting to sound like South Park. I'm loving it

  • @anthonykennedy9019
    @anthonykennedy9019 Před 2 lety

    Excellent video grahm really respect you thanks for the help over the years

  • @MerrilyJacobs
    @MerrilyJacobs Před 21 dnem +332

    Thank you for sharing AMS77H💗 I really appreciate it

  • @thebezierguy
    @thebezierguy Před 11 měsíci

    It's amazing to find so much value inside a 15 min video...

  • @richardrose7382
    @richardrose7382 Před rokem +12

    Now, how does a retiree manage to do this? When I was working and setting up my retirement plan, $30,000 seemed like a lot of money. Two divorces, two careers and a heart attack later, I’m finding this amount of money doesn’t cover expenses very well. So starting from $0 is appealing to me!

  • @smartcookiefinance
    @smartcookiefinance Před 2 lety +76

    Watched this twice! Graham’s recommendations:
    -Listen to people who are where you want to be
    -Work a job that pays on results not on hours (ex. sales)
    -Switch jobs to earn more
    -Start a business
    -Invest immediately (maximize time in market)
    -Open Roth IRA
    -Save as much as possible as soon as possible (ideally more than 10% of income)
    -Create multiple sources of income (millionaires have 3+ sources of income)
    -Common sources of income: Salary, Dividends, Capital Gains, Interest Income, Rental Income, Side Hustle
    -Don’t increase your expenses when you increase your earnings

    • @israelink
      @israelink Před rokem +8

      you missed a very important one: work so much that you don't have any time to spend your money

  • @ebonyharr
    @ebonyharr Před 2 lety +1

    Great video! Great information! Sharing us caring. Please continue to education and motivate us

  • @joeleone6276
    @joeleone6276 Před 2 lety

    This is the best collection of financial info I've ever seen in one place.

  • @HassanPoyo
    @HassanPoyo Před 2 lety +3

    Wow guys this is Graham! thank you for this very informative video! Liked, subscribed and most importantly, I turned on the bell notification so I do not miss future videos!

  • @mrg861
    @mrg861 Před 2 lety +11

    The plugs are more and more seemless😂🔥I love it

  • @mycontainergarden
    @mycontainergarden Před 10 měsíci +1

    Thanks for your kind heartfelt message

  • @aboucard93
    @aboucard93 Před 2 lety

    Graham I watch a lot of your videos but this one is an absolutely banger

  • @YakMotley
    @YakMotley Před 2 lety +26

    This is so true! That is what I did. I saved 90 percent of my income then invested it in Real Estate.

    • @drivingcrazy5336
      @drivingcrazy5336 Před 2 lety +1

      no rent no foods no car ? how

    • @kylesaunders1661
      @kylesaunders1661 Před 2 lety +3

      Prob lived at parents home and mooched

    • @YakMotley
      @YakMotley Před 2 lety +12

      @@kylesaunders1661 Actually I was a Captain in US ARMY, had roommates and drove an old vehicle! Sounds like your mindset is your problem! Good try at being a troll tho!

    • @infunerous666
      @infunerous666 Před 2 lety +1

      @@YakMotley that’s the solution go to the army and you can save 90% of income

  • @bryson9618
    @bryson9618 Před 2 lety +4

    U made the vid I suggested 💯 graham listens to his fans y’all 💪🏽

  • @proatbilliards
    @proatbilliards Před 2 lety

    I love that trex skull and sales is perfect! In particular insurance sales!

  • @jimalvarez5042
    @jimalvarez5042 Před rokem

    Thank you Graham, your videos help me stay focused

  • @laurenkaran9140
    @laurenkaran9140 Před rokem +187

    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 stocks, ETFs, coins and bonds. It’s a long term plan for me so I invest and re-invest

    • @mitchsapastein5593
      @mitchsapastein5593 Před rokem +3

      As a newbie in the financial markets, the volatility scares me so much and I'm curious as to how you were able to make this much returns in such market conditions.

    • @laurenkaran9140
      @laurenkaran9140 Před rokem +6

      @@mitchsapastein5593 i made my focus on looking at investing from a long term perspective and watching it compound , and my FA basically was my back bone.

    • @larryronhartfield55
      @larryronhartfield55 Před rokem +5

      Rightly said lauren, most people seek instant income instead of setting long-term plans/goals and following through religiously. Patience is the game

    • @mitchsapastein5593
      @mitchsapastein5593 Před rokem

      @@laurenkaran9140 your FA, if you don't mind, can you refer me ?

    • @laurenkaran9140
      @laurenkaran9140 Před rokem +1

      @@mitchsapastein5593 Susan Kay Mack is her name, search her up for her info

  • @alexpetrescu8917
    @alexpetrescu8917 Před 2 lety +47

    We are wired, since childhood, to think if we do our thing well (study, work etc.) everything will go well, we will get a career, we will be paid more and more, we will be able to afford more and more, live a comfortable life and we should not worry about anything. Then life happens.

  • @jeffreymelton2200
    @jeffreymelton2200 Před 2 lety

    I really like you. you are 100% real, and that is rare. You dont mind sharing step by step how to be successful, and you dont mind telling the absolut truth, which i appreciate

  • @jasonjuarez-so1515
    @jasonjuarez-so1515 Před 2 lety +1

    Best video I’ve watched all month!:) liked the video for the algorithm and so more people can be educated thanks to you!:))

  • @Surfbogie07
    @Surfbogie07 Před 2 lety +17

    Happy to say, after years of struggling and watching videos from people like you. And changing my mindset, my wife and I finally cleared a net value of over a million. Still work to do, but I have started asking myself, is this an asset or a liability? I would love to get land for us to retire on, but it makes more sense for us to buy a lake house that we can air bnb out half the year on a lake that has an average of 63% occupancy. So thank you Graham, thanks to you and people like you I have come a long ways. And I am on my way to my long term goal. Keep sharing this stuff, we all appreciate it.

  • @chasingmypinnacle
    @chasingmypinnacle Před 2 lety +8

    For my bro’s and sisters that have no education outside of high school. Being a financial planner/ advisor is very lucrative. I’m getting into real estate as a broker and that makes serious money especially in Canada where I live.
    Real estate in combination with my 14+ year financial back ground it will make me a deadly real estate agent

  • @charlesdominiclopez416

    This was the best video I’ve watched on a breakdown

  • @jackiraguzman1724
    @jackiraguzman1724 Před 2 lety +1

    I drove my first car in my dad's name and later went to get a truck in mine after I paid off my first one and drove off the lot with the truck I wanted, its mostly about a good credit score and a loan portfolio helps as well...lenders like to see various forms of loans in your name to be less of a risk and yes you might have to put money down but not HALF of the car loan Your exactly right I screwed my credit as a young man now I own a detailing company and can't get anything with out the full amount of cash. I'm working on my credit to get better with *850 credit restoration* , Love the knowledge keep it up

  • @dalenschnayer4047
    @dalenschnayer4047 Před 2 lety +13

    Amazing video graham I love your input on everything. You are such a good motivator.

  • @ChengHorn9
    @ChengHorn9 Před 2 lety +3

    Graham can you do a video on side hustles for people who suck at customer service jobs? I've been wanting a side hustle, but can't hold a customer service job to save my life. Thankfully my day job doesn't involve working with people.

  • @dannyspranger2193
    @dannyspranger2193 Před rokem

    bro I freakin love Graham; he puts everything right in your face simply put. He does use quite a bit of clickbait and plays the youtube algorithm game, but he does a ton of research (which he displays,) and he isn't afraid to apologies if he was wrong. thanks for the great videos!

  • @juanmata929
    @juanmata929 Před 2 lety

    This is by far one of your best videos. 🙌

  • @erika9115
    @erika9115 Před 2 lety +4

    This was really helpful - thank you - I'm finally getting serious about this. Took me long enough!

  • @claraheena6176
    @claraheena6176 Před rokem +57

    I AM FROM ENLAND WHERE I WORK AS A JOURNALIST UNTIL I MET EXPERT MRS KAREN CHARLES, MRS KAREN CHARLES IS LEGIT AND HER METHOD WORKS LIKE MAGIC. I KEEP EARNING EVERY SINGLE WEEK WITH HER NEW STRATEGY

    • @qiaoxiaowen890
      @qiaoxiaowen890 Před rokem

      I've been an investor with her since 2019. She's been a great mentor and account manager to me

    • @qiaoxiaowen890
      @qiaoxiaowen890 Před rokem

      I'm happy I did Invest with her and I still reinvested and the trading is still ongoing

    • @thomasbrooks7768
      @thomasbrooks7768 Před rokem

      I just received my profit of $30,000

    • @thomasbrooks7768
      @thomasbrooks7768 Před rokem

      After God in my life, is now next to Mrs Karen because she has really brought me out of credit and sorrow,

    • @donaldave691
      @donaldave691 Před rokem

      I am from Denver Colorado USA I connected with her and she has helped me a lot, she makes so much profit for me she is a FINRA agent.

  • @Jshart92
    @Jshart92 Před 2 lety +138

    I would love to know how much money you’ve helped people save and invest over the years!

    • @GrahamStephan
      @GrahamStephan  Před 2 lety +56

      I'd love to know that, too!

    • @MichelleMarki
      @MichelleMarki Před 2 lety +13

      He should ask that question in the comments next time. Make a challenge out of it!

    • @TopVillain
      @TopVillain Před 2 lety +10

      Well how much money has he made you?

    • @deesplash7087
      @deesplash7087 Před 2 lety +1

      @@TopVillain right 💀

    • @jimrat4048
      @jimrat4048 Před 2 lety +5

      "What's up Graham it's guys here." Lol

  • @rajib2k5
    @rajib2k5 Před 2 lety

    I have suffered through this lifestyle inflation thing once... One article that motivated me to avoid it, had a key lesson... Learn how to delay your instant gratification. This will leave plenty of rewards later.

  • @aprilsaavedra2727
    @aprilsaavedra2727 Před rokem

    Thank for breaking down most of this I'm new on my Ira, I'm 37 a CDL a driver. I wish I knew this when I was younger

  • @alexa574
    @alexa574 Před 2 lety +7

    I just finished listening to the whole video, Wow, this is the best step by step blueprint to build wealth I have seen. They should show this to every teenager out there. So well explained. Best part since this knowledge comes from you, I know my daughter will accept this far easier than if it comes from Mom! Lol, heck I don't mind, as long as this great information sinks in and helps her. Sincerely, thank you Graham for sharing your knowledge with us!

  • @howtoadultschool
    @howtoadultschool Před 2 lety +58

    I love how you've figured out how to re-package the same solid information over and over again in new videos with catchy titles and different content, but the messaging about good financial management is the same. It's very cleverly done and I'm sure the repetition of the same values helps a lot of people!

    • @kyletaylor3860
      @kyletaylor3860 Před rokem +1

      It definitely does, I've heard about a Roth IRA I don't know how many times, but for some reason it resonated more now that I'm revisiting the topic.

  • @Minuteman_1776
    @Minuteman_1776 Před 2 lety

    This video actually could save my life I'm 17 almost 18 and this video is the best advices

  • @marialeonorcobo8962
    @marialeonorcobo8962 Před 2 lety

    Top, top advices. Thank you Graham

  • @mark18mhcc
    @mark18mhcc Před 2 lety +3

    I love your videos man! Thank you for making them. Please continue! It was very informative. I currently left a job and at a crossroad between looking for new job while deciding if I want to lean in and grow my business - side hustle. I have online marketing experience. I'm realizing a lot of things for myself, that I don't necessarily know how to grow a business. I would love to start learning about finances, investing, growing money. Anyway, thanks for all you do!

  • @Takanekoandele
    @Takanekoandele Před 2 lety +7

    Hello graham I'm 14 and lately I have gotten very interested in personal finance. Can u make a video on teaching us where and how to invest money? I'm really confused with the market

  • @austindalton2714
    @austindalton2714 Před rokem

    Thought this was going to be another click bait title video, but actually is a good video with clear details. Thank you for the video and worth a subscription.

  • @CommentLikeDescribe
    @CommentLikeDescribe Před 2 lety +14

    Between 6pm and midnight? Idk, Graham. A kid's gotta live a life. Dinner, non-screen related time, grooming, exercise, hobby stuff, maybe a little ps5, conversations with loved ones. Ya know, the stuff we invest time/money to do in the first place.

    • @MichelleMarki
      @MichelleMarki Před 2 lety +4

      Very valid points. Some people do their side hustles, like a journalist writing their book, in the morning hours before their family wakes up / they gotta go to their journalism job

    • @JohnSmith-cw5md
      @JohnSmith-cw5md Před 2 lety +6

      yeah, as much as I appreciate his frugal frugal approach - the work your ass off he goes on about is gon leave you burnt to a crisp, likely despising whatever you may have even liked doin

    • @grahamfan
      @grahamfan Před 2 lety +2

      @@MichelleMarki This is true. 😊

    • @neomawzz
      @neomawzz Před 13 dny

      This. Like between 6pm and MIDNIGHT? Nah I will be getting my beauty sleep thank you very much 😭🙏

  • @PedroBarbosa-qh6hy
    @PedroBarbosa-qh6hy Před 2 lety +3

    I liked the beginning: " What's up Graham, it's Guys here ! lol

  • @tiffanybaby13
    @tiffanybaby13 Před rokem

    We could have just listened to our parents or teachers growing up but somehow we ended up with Graham 😂 Finally ready to listen

  • @louiseyvette2261
    @louiseyvette2261 Před rokem

    I love your videos, Graham!

  • @rameenamoore2337
    @rameenamoore2337 Před 2 lety +78

    “What’s up, Graham! It’s guys here!” 😂 Am I the only one who caught that?

    • @SPNSX
      @SPNSX Před 2 lety

      No I caught that too lol

    • @glamdawling
      @glamdawling Před 2 lety

      Love when he says that. Cracks me up every time.

    • @CierraSalleyHinds
      @CierraSalleyHinds Před 2 lety

      I though that's what he said 😂

    • @devindoyerofficial
      @devindoyerofficial Před 2 lety +2

      ahahah i was so confused thought i was hearing things aha

    • @amremnant
      @amremnant Před 21 dnem

      @@glamdawling Okay it's intentional lol. I was like wait a minute.

  • @dargs3993
    @dargs3993 Před 2 lety +12

    Your videos have changed my life Graham. I’m 16 with 3.2k invested already. But the constant zooming in and out between cuts is quite irritating while watching on my phone

    • @henning6158
      @henning6158 Před 2 lety

      Yes same you should definitely start watching MeetKevin if you don't already because even though he makes so many videos they are all good and organized

    • @henning6158
      @henning6158 Před 2 lety

      When did you start

    • @bashirdolal9596
      @bashirdolal9596 Před 2 lety

      Damn how

  • @SRB57
    @SRB57 Před 2 lety +1

    What’s up graham it’s guys here, keep up the good work 🔥🔥🔥

  • @valentineslifestylefitness5543

    I will ALWAYS smash these like buttons for graham the man

  • @CreativeCashflow1
    @CreativeCashflow1 Před 2 lety +6

    Your first $1k will come from hard work. Your first $100k will come from smart work.

  • @thirtyminutefitness6169
    @thirtyminutefitness6169 Před 2 lety +33

    Gov jobs are commonly overlooked
    If sales and instability isn’t your thing. Get into a municipality if you’re young and just looking to start out, you can transfer to a higher level state job and your pension time will cary over. Pensions are on a decline but they still exist and some states are generous with them

    • @jonnewbury3482
      @jonnewbury3482 Před 2 lety +4

      I second this, especially if you have served in the military or NG. You can buy your time back.

    • @GreenJanuary
      @GreenJanuary Před 2 lety +1

      That's because they're a joke, hiring process is months long only to be paid well below market value.

    • @thirtyminutefitness6169
      @thirtyminutefitness6169 Před 2 lety

      @@GreenJanuary is $120,000/yr below market value? Asking for a friend

    • @mynamejeb8743
      @mynamejeb8743 Před 2 lety

      I fucking hate sales tbh as an introvert. Worked as one for a couple of years and i make way less money than my desk job now

    • @philtabest
      @philtabest Před 2 lety +1

      @@thirtyminutefitness6169 For some career choices, $120,000 is below market value. You'd have to be more specific.

  • @YeahClickClack
    @YeahClickClack Před 2 lety

    Great video Graham. Thank you!

  • @andreibanu390
    @andreibanu390 Před 2 lety

    The best value for money advices you can get

  • @VoiAhoyTV
    @VoiAhoyTV Před 2 lety +3

    I recently got the same position at another company with a 13.5% raise. I’m all for job hoping if it means your take home is higher. Plus it’s within walking distance from my place and I save £250/month on traveling