The Old Way vs The New Way of Becoming Rich – How to Master the Game of Money

Hey guys, this video is a collaboration
with Betterment Boss and if you like the video which I know you will then show
him some love by subscribing using the link below. What if I told you that most
of your beliefs about money aren’t true, what if you’ve been learning the rules
of checkers, when you really need to be learning chess.
Well like chess, life as a game and those who don’t know how to play are destined
to fail, but those who master the game money will be able to realize well it’s
at an early age and live a life more enjoyable than any video game could ever
simulate. But here’s a problem, where do you start to learn these pivotal money
skills, as we already know school does nothing to educate its students on
financial literacy or entrepreneurship. So we are limited to learning our money
beliefs from our parents or friends and unless your family or friends have built
successful businesses and have cultivated their own financial skills
then your chances of adopting the money skills you’ll need to become rich are low.
Putting it bluntly, people who learn their money skills from other poor
people are destined to live a life of financial mediocrity. On the flip side it
is not uncommon to see people who are raised around wealth become wildly
successful, because from a young age they have had solid financial teachings
bestowed upon them. As of 2019 it’s reported that 78% of Americans are
living paycheck to paycheck which means that they likely have next to no assets
and are drowning in debt. That’s basically four out of every five people
in the United States who are struggling financially and when you add in another
10 or 15 percent of Americans, who are living at best in the middle class, it
leaves just a minute amount of people truly living a wealthy lifestyle. Now we
all probably have different definitions of being wealthy, but my definition is;
when you have enough money that you never have to work again while
maintaining a lifestyle you enjoy and as a statistic show very few people are
wealthy. So why are so many people struggling? Here’s the problem, growing up
the majority of us are given the set of instructions that will provide us a
stable life. While the details can vary, these instructions typically are as
follows; graduate high school, go to college.
find a nine-to-five job, work for 40 years, and then
hope you have enough money saved to retire. What the instructions fail to
point out is, how hard it will be to pay off all that college debt, how agonizing
this forty years of work will be if you have a bad boss and how even with strict
saving you may not have enough money at 65 to retire. The sad reality is
that the standard blueprint is followed by so many people leading them into a
life barely getting by, which is why millions of Americans are living
paycheck to paycheck. Now I don’t know about you but I want more for my life
then just getting by, which leads as to why these set of instructions have led
us astray. If you took a look at those instructions a little bit more closely,
you would see an asterisks, and a set of fine print out of the bottom of the page.
This fine print would say, by following these instructions you are trading in
your opportunity for wealth and immense success, for a life of predictable income
and security. Now I know you clicked on this video because you wanted to learn
how to become rich at an early age, and I can understand why it’s a lot more fun
to drive around under your Ferrari in your 20’s, then when you’re 80 and have to
struggle to get in your car. But the first thing I will tell you is that
there is no secret that will make you wealthy overnight. Understand that when
you see gurus on YouTube telling you that you can make twenty thousand
dollars a month in your first month of dropshipping, save yourself the time and
move on to the next video. The truth is you already possess within you what you
need to become rich, you possess exactly what companies like Apple and Amazon
have used to become billion-dollar businesses. What you have inside you, is
more than enough to allow you to earn as much as you want,
and live the lifestyle you could only dream of, but the issue is very few
people harness this power. This power exists in the power of ideas. Amazon
started with the idea of selling books online, and is now one of the biggest
companies on the planet. Sadly nowhere in your instruction manual,
do you see the advice to come up with ideas and pursue them endlessly. This is
why to become rich while you’re young you will have to throw away those
instructions and blaze your own path. Well this may disappoint some people in
your life, you know that those instructions didn’t lead anyone else to
follow them to financial success, so why would they work any better for you?
Einstein once said insanity is doing the same thing over and over and expecting
different results. If your parents or friends are poor because they followed
the standardized lifestyle, then by you following the same path, you two will be
destined for financial struggles. Now boss,
maybe it’s strange to listen to a guy at making animated videos on YouTube, when
it comes to deciding how to formulate your whole life, and quite frankly I
expect you to be sceptical. Up until now you have probably been following this
defined path, but the status quo isn’t always the best option and it certainly
isn’t if you want to become rich at an early age. If you do find yourself
following the set of instructions, just know that for almost all of my life I
was too. Both my parents graduated high school, went to college, and then got jobs.
Following the instructions to a tee! and when I was born they passed along those
same instructions to me. But one thing I can tell you, is that following this plan
didn’t allow them or myself to live a wealthy lifestyle. Always having to make
frugal decisions, despite putting in countless hours at work each and every
week. But the difference between my parents generation and ours, is that
technology has now made these instructions obsolete.
People are harnessing the power of the Internet, to work less make more and
realize all of their financial aspirations. This is why affiliate
marketers are making tens of thousands of dollars a month, and why toy reviewers
on YouTube are making a million or more dollars a year. None of these people are
following the typical mold, yet they are seeing a hundred times the financial
results of those who have bought into the archaic model of living. So if you
want to become rich at a young age, begin to look around at other young people who
are living the lifestyle you want to live and see how they are earning their
income. Chances are they have thrown out their instruction manual and have
pursued ideas, that wall against the norm have yielded them immense success. It’s
now time for you to leave your old path behind and blaze a new one. Thanks for
watching if you want to go from the life you have to the life you deserve, then
hit the subscribe button below.

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