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You are 1000% wrong. If people simply understood liabilities vs assets. They would not be poor. People make the mistake of spending money on liabilities instead of assets. Our homes are full of items that loose value the second we walk out the store. If you took half of that money and invested it, you would have generated twice that amountAll these YouTube and tik tok clips are bullshit. They act like it’s all about some kind of mind trick and bam you’ll be rich. Most of those rich people he talking about were born with a giant head start and got gifted money from their parents to build off . It’s bullshit , some people realize they will never be rich and just go buy what they want to make them happy. These clowns act like people making hardly any money can save and plan for 3 generations. Only rich people can do that .
Meanwhile Trump said he got a small loan of a million dollars. This is exactly what the fuck you're talking about. This shit ain't equal and ain't never been equal and will never be equal. If we are going to be part of The Haves and not the have not there's a lot more than needs to be changed than the mindsetThe biggest reason for poverty is a system that made sure some people advance while others were purposely kept down
Let’s stop lying to people like everybody was put on the planet with great resources and opportunities, than majority just fell into poverty while a select few advanced into wealth.. literally give most poor people rich opportunities and I bet most will stay up.. now give most rich people poverty from the start and watch most stay on the bottom.. it’s easy to win with a 30 point head start vs another team, now how many teams can win when they start 30 points down
What about all those under developed countries around the world where they don’t have enough money to feed their stomachs everyday.. they don’t buy Jordan’s or can’t even afford money to have enough clothing for the week let alone food..no clean water.. is it because they don’t think 3 generations ahead or because there’s a system in place that will never give them a chance to even get basic needs? Poverty didn’t start with america, poverty isn’t just an American problem, it’s a world problem.. are you saying millions maybe a billion people across the world are poor cause they don’t have a rich man’s state of mind?I agree with the vid. Plus I know plenty of niggas that complain about being broke but got money to buy weed every damn day. A lot of people throw away money on shit that could serve them better being invested or saved. It may seem like small purchase but those small purchases add up. People out here claiming they broke but will throw all they bread at the latest jordans or some designer. I used to waste mad bread on going out and drinks and shit. Once i cut it down, I found myself saving hundreds each month. Gotta plan for the bigger picture.
Here is another good one
You’re a fucking idiot, you know how I know? Because you talking that invest shit like poor people going to make a lot of return. Clown ass idiot assuming everybody goes out and wasted money and that is why they are poor. Not the fact that inflation and housing takes up most peoples money.You are 1000% wrong. If people simply understood liabilities vs assets. They would not be poor. People make the mistake of spending money on liabilities instead of assets. Our homes are full of items that loose value the second we walk out the store. If you took half of that money and invested it, you would have generated twice that amount
The biggest reason for poverty is a system that made sure some people advance while others were purposely kept down
Let’s stop lying to people like everybody was put on the planet with great resources and opportunities, than majority just fell into poverty while a select few advanced into wealth.. literally give most poor people rich opportunities and I bet most will stay up.. now give most rich people poverty from the start and watch most stay on the bottom.. it’s easy to win with a 30 point head start vs another team, now how many teams can win when they start 30 points down
You are 1000% wrong. If people simply understood liabilities vs assets. They would not be poor. People make the mistake of spending money on liabilities instead of assets. Our parking lots are full of items that loose value the second we walk out the store. If you took half of that money and invested it, you would have generated twice that amount
You act as if it take a lot to invest?You’re a fucking idiot, you know how I know? Because you talking that invest shit like poor people going to make a lot of return. Clown ass idiot assuming everybody goes out and wasted money and that is why they are poor. Not the fact that inflation and housing takes up most peoples money.
If you want generational money it does. You think buying 25 shares of McDonalds stock going to set you free? You think poor people can even afford 2 shares of that shit? And it ain’t even that much. People who get rich playing the market are already well off and dump tons of disposable money into blue chip stocks to the point where a small bump earns them hundreds of thousands of dollars. You’re not making significant money in stocks unless you’re already rich.You act as if it take a lot to invest?
And tonights musical guest.... *roll credits*It's more than that though. The country is designed for people to keep themselves down.
For instance, out here in the Bay Area there's a handful of neighborhoods where you can sort out your entire life within five blocks of where you live. There's easy access to a bus or train if you need to go further.
But only rich people can afford to live there.
If you're poor you'll likely end up in a city or neighborhood where a slow bus runs once an hour. Buying a quart of milk takes a 10 minute drive.
If that car breaks down on the way to work you no longer have a job. Which means you might not be able to afford the gas you need to look for a new one. Things get bad enough that car might become your new home.
Meanwhile everyone points the fingers saying "it's your own damn fault for buying a car you couldn't afford." Or conversely "it's your own damn fault for buying a cheap car that breaks down all the time."
Same thing happens with food. You got neighborhoods that are filled with restaurants and liquor stores pushing all kinds of unhealthy foods and the nearest head of lettuce is 2 miles away.
People get tired after a hard day of work and eat the crap that's nearby. They end up with diabetes, cancer, hypertension, and other obesity related illnesses.
Then when they get sick everyone points the finger and says "it's your own damn fault for not living a healthy lifestyle."
Or maybe you're a young woman who married a man with a stable job. You have a couple of children and do the family thing. 5 years later this dude runs off, loses his job, or dies. Now everyone's pointing the finger at her saying "it's your own damn fault for having kids you can't afford."
Maybe you get an injury at work and can't afford the surgery you need to fix it so the doctor pumps you full of painkillers instead. Now you have an addiction that wrecks your mind and finances. Meanwhile everybody's pointing to finger saying "it's your own damn fault for being such a druggie."
Or even worse, you get assholes like this guy on Instagram pointing the finger saying "it's your own damn fault for not changing your mindset."
Thank you... I'm tired of seeing these shitty ass videos.The biggest reason for poverty is a system that made sure some people advance while others were purposely kept down
Let’s stop lying to people like everybody was put on the planet with great resources and opportunities, than majority just fell into poverty while a select few advanced into wealth.. literally give most poor people rich opportunities and I bet most will stay up.. now give most rich people poverty from the start and watch most stay on the bottom.. it’s easy to win with a 30 point head start vs another team, now how many teams can win when they start 30 points down
What about all those under developed countries around the world where they don’t have enough money to feed their stomachs everyday.. they don’t buy Jordan’s or can’t even afford money to have enough clothing for the week let alone food..no clean water.. is it because they don’t think 3 generations ahead or because there’s a system in place that will never give them a chance to even get basic needs? Poverty didn’t start with america, poverty isn’t just an American problem, it’s a world problem.. are you saying millions maybe a billion people across the world are poor cause they don’t have a rich man’s state of mind?
The guy on the vid never said why Americans are poor.. he said why people are poor.. dude talking about in general.. this the internet so it was meant for every person who can watch the vid and even people who aren’t able to.. that’s why I said dudes like him act like there isn’t a system in place or areas in the world that lack basic common necessities for lot of demographicsI'm mainly speaking from a USA perspective. Not talking about countries where resources and opportunity is limited.
The biggest reason for poverty is a system that made sure some people advance while others were purposely kept down
Let’s stop lying to people like everybody was put on the planet with great resources and opportunities, than majority just fell into poverty while a select few advanced into wealth.. literally give most poor people rich opportunities and I bet most will stay up.. now give most rich people poverty from the start and watch most stay on the bottom..
it’s easy to win with a 30 point head start vs another team, now how many teams can win when they start 30 points down
You are 1000% wrong. If people simply understood liabilities vs assets. They would not be poor. People make the mistake of spending money on liabilities instead of assets. Our homes are full of items that loose value the second we walk out the store. If you took half of that money and invested it, you would have generated twice that amount
Buying food is a necessity but the mistake poor people make is the continued cycle of buying liabilities. If people were taught and educated to buy assets, their situation would change.What if you have no money
And understand liability vs assets?
Cause in this crass scenario buying food cause you're hungry is a stupid decision
Investing does not mean buying shares. There are so many ways to purchase assets. Assets are anything that hold their value. Stocks are not even the best way to grow your money. Stop thinking limited and listen to the concept.If you want generational money it does. You think buying 25 shares of McDonalds stock going to set you free? You think poor people can even afford 2 shares of that shit? And it ain’t even that much. People who get rich playing the market are already well off and dump tons of disposable money into blue chip stocks to the point where a small bump earns them hundreds of thousands of dollars. You’re not making significant money in stocks unless you’re already rich.
I would definitely want to attendI wonder how much he charges for his seminar?
Never thought of it like that. InterestingFixed.
The biggest reason Americans stay broke is that they're expected to pay $7,000 to $8,000 a year for transportation to a minimum wage job.