10 Money Habits Keeping You Poor
The Swedish Investor 18:14
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If you want to become rich, you either marry somebody wealthy, you win the lottery, or you develop healthy financial habits. While a step-by-step guide on how to marry somebody rich would be cool, this video is about the financial traps that are silently keeping you poor, perhaps without you realizing it, and by escaping them, odds are you will get rich.
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Timestamps:
00:00 Intro
00:34 1. Paying Yourself Last
02:18 2. Buy Now Pay Later
03:58 3. Living Beyond your Means
05:08 4. (Just) Saving
06:31 5. Resetting Compounding
09:56 6. Postponing Investing
11:15 7. Failing to Measure
13:00 8. Keeping Up with the Joneses
14:21 9. Tax Inefficiency
15:44 10. Lifestyle Inflation
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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.
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If you want to become rich, you either marry somebody wealthy, you win the lottery, or you develop healthy financial habits. While a step-by-step guide on how to marry somebody rich would be cool, this video is about the financial traps that are silently keeping you poor, perhaps without you realizing it, and by escaping them, odds are you will get rich.
---
Timestamps:
00:00 Intro
00:34 1. Paying Yourself Last
02:18 2. Buy Now Pay Later
03:58 3. Living Beyond your Means
05:08 4. (Just) Saving
06:31 5. Resetting Compounding
09:56 6. Postponing Investing
11:15 7. Failing to Measure
13:00 8. Keeping Up with the Joneses
14:21 9. Tax Inefficiency
15:44 10. Lifestyle Inflation
---
My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.
Category (YouTube): Education
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