In this episode of the Fresh Air Podcast, we talk about the importance of a solid foundation in your financial plan and why you should support Rumble streaming service. We also discuss the recent unbannings of Alex Jones and TwitchCon, and how important it is to have a solid financial plan in order to take care of yourself and your family in the long term. If you don't know who Rumble is run by, you're not going to want to miss this episode, it's a must listen! Subscribe to our channel to get notified when we deconstruct the latest episode and give you the most up-to-date information on what's going on with Rumble, TwitchCon and the future of the streaming service, as well as how you can support Rumble and the rest of the company. We hope you enjoy this episode and share it with your friends, family, and co-workers! Cheers! - The Fresh Air Crew - Cheers, EJ & Matt And thanks for listening and supporting the podcast! Don't forget to SUBSCRIBE to keep us up to date on all things Fresh Air! Have a question, suggestion, suggestion or topic suggestion? or just a rant? or a general question? we'll see you next Monday! ? tweet us on and we'll get back to you in the next episode! Timestamps: 4:00:00 - What's your answer? 6: 7:30 - How much money you're getting? 8:15 - What do you need? 9: What are you looking for? 11:00 | What's a good day? 12:00 13: What s your favorite piece of advice? 15:00 / 16:30 17:30 / 17: Should you have a budget? 18:00/16:30 | How do you want to know what you're working on? 19:00 +17:00 // 17:40 / 18:15 21:30/18:40 22:30 +16:40 +20: What is your favorite way to start a business? 25:00+ - How do I know you're going to spend your money? 26:00 & 27:30 Is it a good thing? 27:40 - How should I invest my money? / 27:10 28:10 + 27:15 + 28:30 & 29:00?
00:04:24.000We got a very important episode today.
00:04:26.000This is going to be one of those, what I call, an evergreen episode that you're going to keep in the back, and you're going to watch it later on, or you can send it to someone that needs help with this, but this is going to be a very important episode that you can use for the rest of your life.
00:04:38.000But before we get into it- The foundation that you need for success financially.
00:05:05.000Alright, so there was something earlier today, guys, where there was like a little bug and it was like kind of temporarily slowing down and stuff like that.
00:05:18.000You guys gotta understand, bro, so it's very expensive and difficult and demanding to be running a video streaming slash website, something like YouTube, similar to YouTube, and Rumble is obviously in early stages, so there are gonna be bugs here and there,
00:05:34.000but the good thing about it is that they correct things very quickly and fix things, so it's the future, bro.
00:06:19.000Because if you don't, guys like us, guys like Alex Jones, guys like Andrew Tate, guys like Sneeko, Steven Crowder, Fuentes, everybody that makes this content that's controversial, right?
00:08:03.000Well, it's because The Rock is a top-tier actor, doesn't want to lose roles, kept silent on certain conflicts, kept silent on certain takes, can't really give a take, because for him to keep getting certain movie roles and be the level he's at in Hollywood...
00:08:21.000He can't take a stance on anything, right?
00:09:46.000They write an article on you, next thing you know, ads again, poll, then that's how you get canceled.
00:09:49.000They're being funded by certain groups that should not be named on this podcast, but with the funding, man, you can do whatever you want, pretty much.
00:11:07.000Yeah, but either way, guys, international tour coming in early next year, where we'll definitely be out here doing a couple interviews and everything else like that.
00:11:17.000You know, if you guys got some British influencers y'all want us to jump on with, man, we'll make some contacts.
00:11:21.000You know where we haven't been to yet that's really good that we need to go to?
00:12:26.000But yeah, I just wanted to give a huge shout-out and thanks to Elon Musk, Chris, Rumble, everyone that's really pushing for free speech, regardless of how they feel.
00:13:11.000How the fuck are we gonna sit here and say, yo, we try to help guys out, especially when it comes to the divorce machine, then laugh at someone that's going through it.
00:13:17.000You know, I think there's lessons to be learned, but the last thing I'm gonna do is kick someone there down, especially someone that I've worked with before, someone that I have professional respect for, someone who I think is intelligent, good person.
00:13:41.000People need to be able to be mature to have these conversations with people that they might not necessarily agree with or they might not even like.
00:13:49.000Because that's the beauty of free speech.
00:14:05.000Like I said before, that's a perfect example of someone that I have an enormous amount of respect for, even though I don't agree with him on, like, anything.
00:14:10.000But he's a good guy, I think he's smart, and you can always respect intelligence.
00:14:15.000I will say this, Destiny is respectful.
00:14:17.000We may not always agree, but he is respectful.
00:16:41.000However, a lot of people have difficulty with doing this.
00:16:44.000So we're going to go ahead and give you guys some parameters to go by that will help this process even more so and keep you disciplined with spending money, guys.
00:16:52.000Because if you don't learn this skill set, You're going to have a problem.
00:16:55.000Because yeah, of course, you need to always make more money.
00:16:57.000However, you need to also know how to budget money so that when you do make that more money, you don't do dumb shit.
00:17:02.000I would argue that budgeting is one of the most important things you can do even at the very beginning of your journey.
00:17:09.000Because ultimately, if you want to be successful, if you make money today and don't save it or invest it correctly, you lose it tomorrow.
00:17:42.000Obviously, we always tell you guys on this podcast, yo, make more money, make more money, make more money.
00:17:46.000However, if you make more money, but you still spend like an idiot, what ends up happening is you still live paycheck to paycheck.
00:17:52.000A lot of people that make six figures a month live paycheck, sorry, six figures a year live paycheck to paycheck, and that's not what you want to do, guys.
00:17:59.000It doesn't matter necessarily how much money you make if you spend money like an idiot.
00:18:01.000So we're going to teach you a skill set here that will teach you how to budget money correctly regardless of how much you make.
00:18:07.000And also, when you budget, it's not in your head, my friend.
00:18:30.000Okay, so the first thing you're gonna do, guys, is write down your monthly expenses, okay, and income side by side to have a visual representation.
00:18:42.000Fresh, go ahead, you can take it first.
00:18:43.000Yeah, this is something that I had an issue with because growing up, I didn't have a budget or anything.
00:18:49.000I just kind of like, you know, made some money, spent it.
00:18:52.000But when I did it on my own, it was kind of like, okay, now I'm by myself.
00:18:55.000I got to figure out how to pay bills, survive, and eat food as well.
00:18:59.000So for the most part, you're going to want to have an actual pen and paper, a notepad, and make two columns, one for expenses and one for income.
00:19:08.000Now, for most people, you're going to have more of an issue because you're going to have to break down your everyday expenses and monthly.
00:19:16.000But to keep it very, I want to say, short and brief, monthly expenses and then monthly income, right?
00:19:22.000So let's say you're making like $3,000 a month and you have, for example, your rent, car, let's say miscellaneous, food, etc., right?
00:19:32.000Put it down here, left column, and then your income here, right column.
00:19:36.000Just breaking it down and then add it up.
00:19:39.000So monthly income, 3K. Expenses, maybe like 2K. Then with the remainder, you put either an R and the actual amount, and then now you know what money you have every month coming in and what's left over when expenses are paid.
00:19:53.000That's huge because most people, they just make money and spend it without knowing where it's going or what's happening.
00:19:58.000And as a result, they can't plan for the future or save money.
00:20:01.000And actually, there's an article I have in the chat, guys, if you don't remember bringing it up, where most Americans are living paycheck to paycheck.
00:20:33.000To write it down, break it down from expenses to actually income, and see the difference between that disparity.
00:20:38.000And the other reason, too, guys, why it's important is that sometimes you have to take deliberate, overt steps sometimes to solve a problem, right?
00:20:45.000Like, if you know, alright, I need a budget better, etc.
00:20:48.000Like, if you just sit there and kind of calculate it in your head, you're going to be like, blah, blah, blah, blah, or you try to do it like an app, but if you sit down and you actually put pen to paper and you do it, There's something about that that just makes it more official.
00:20:59.000It makes it more like, okay, I'm really out here trying to do it.
00:21:03.000Because when you take deliberate steps to change, like pulling out a fucking pen and paper and writing it down, more than likely that's gonna go ahead and fuel your decisions after the fact to make something happen.
00:22:53.000It's going to give you a visual representation of what's going on, right?
00:22:56.000I've always said when it comes to fitness, when it comes to budgeting, making money, whatever it is, what gets measured gets managed, right?
00:23:02.000So if I told you, yo, I want you to drive to Alabama, but you've never driven to Alabama before, what's the first thing you're going to do when you get in the car?
00:23:09.000You're going to put it in your GPS, right?
00:23:46.000But writing it out and actually seeing it visually, you're like, oh, damn, this is a lot of money.
00:23:50.000And then you could go ahead and cut it out.
00:23:52.000So it puts everything out there for you in perspective for you to actually look at it, see how much it costs you, see what it's costing you versus how much you're making.
00:25:28.000You might break down your car in the middle of the situation.
00:25:31.000Anytime you're going on a journey and going somewhere you've never been before, guys, if you don't have a roadmap to get there, you're going to pretty much increase the difficulty of that journey significantly, the time, the duration, the stress, etc.
00:25:48.000If you go ahead and you have everything written out, you now have a game plan and you have a strategy to get from point A to point B as quickly and as efficiently as possible.
00:26:16.000You need to have a visual representation.
00:26:18.000You need to have that game plan, that GPS, et cetera, to get to your destination efficiently, in the best way you can, in a sustainable manner.
00:28:27.000Because if you have a spending problem, if you have a budgeting problem, all that's going to happen is your spending now is going to be more sensationalized.
00:28:35.000You're going to buy all the dumb shit that you couldn't afford before.
00:28:38.000Making more money a lot of the times doesn't help if you have a broken mindset when it comes to saving and budgeting correctly and knowing how to deal with your money.
00:28:45.000So this is a skill set, guys, that you need to learn Early, when you're a brokie, so that when you become more successful and you make money, you're able to keep more of your money that you make, guys.
00:28:54.000This isn't about just making more money.
00:28:56.000It's about keeping the money that you work so hard to make in the first place.
00:29:01.000I wish when I was 18 years old, I had this.
00:29:04.000At 18, bro, or 16 years old, being this aware at the budget of money from the very beginning is huge, bro.
00:29:12.000Dude, I'm telling you, when you get more money, better position, more paycheck, you're gonna be glad because now, the more money you make, you get your expenses low, and you make more money, so now what you can do is invest.
00:29:38.000Yeah, I've never had to worry about writing it down and putting it all down, blah, blah, blah.
00:29:42.000I use Mint, and it helps me, but my expenses are so goddamn low, they've always been low, so I've never had that issue because I don't wear designer or anything else like that.
00:29:49.000The only thing I really spend money on is eating out.
00:29:52.000But a lot of you guys like to have certain experiences, like to go on vacation, like to go out, do things, cool, totally fine.
00:29:58.000Make sure that you write it down, though.
00:29:59.000Make sure you track what the fuck you're doing, because you just gotta make one bad purchase, and that could fuck up everything, bro.
00:30:54.000He says, Shout to Mario and Luigi Tate for stealing the Saint of Sinners stuff and making their own podcast called Saint of Sinners, where I quit and did it first.
00:31:32.000I mean, we might have some stuff like that in 2024.
00:31:35.000We just got to figure out how we're going to do it.
00:31:37.000Probably going to have to be rumbling shit like that.
00:31:39.000It's weird though, man, because I see other channels do certain things, but it seems to me like, bro, when we do shit, people, like, there's always a magnifying glass on us, man.
00:32:13.000As the first guy that followed Forrest Gump when he was running saying, here's a man that has his act together, blah, blah, blah, then said, I'll follow you where?
00:34:16.000It's best a lot of times to just get a flat 2% cash back credit card.
00:34:20.000Unless you actually spend a lot of money, let's say you drive a lot and you spend a lot of money on gas, and you know that that credit card rewards gas specifically.
00:34:28.000I guess in that situation it could work.
00:34:29.000I mean, I don't know all the information, but at least have one credit card that gives you a flat 2% cash back, guys.
00:34:36.000Albo Ace, DJ Cowens is speaking up because we all know who his real boss is and higher ups.
00:35:31.000Yeah, that's something that a lot of you guys complain about.
00:35:34.000It's like, yo, we bring this guest on.
00:35:36.000Yo, y'all need to bring on better guests.
00:35:38.000Bro, you guys got to understand that even though we're big and a lot of people know who we are, And we get a lot of love from a lot of these celebrities.
00:35:45.000They hit us up and say, yo, we fuck with your shit.
00:40:47.000Andrew Young goes, have my own business grossing over $100,000 a year, but have friends that don't have the same mindset as me, like working weekends.
00:42:08.000Jaleel, man, I needed this episode to help grow my financial stability.
00:42:11.000I got co-ownership in a business, so I'm making more money, but I'm an avid car geek and have an addiction in buying car mods for my Challenger SRT Hellcat.
00:45:15.000You need an entry point and an exit point.
00:45:17.000That's the biggest thing for cars, right?
00:45:19.000So in this case, your exit is probably going to be trashed because of the difference.
00:45:26.000So what you could do is just pay the difference, get out of it, because that's all you can really do, and then get a regular car, maybe like a Toyota or Honda.
00:45:39.000Because the problem is, bro, when you're upside down, it's hard to get out of it.
00:45:43.000But again, that's why you don't buy new cars.
00:45:45.000You buy cars that are used, pre-owned, that already hit most of their depreciation, and you move on from there.
00:45:49.000But buying a new car is a waste of time, bro.
00:45:51.000Yeah, let me be very clear about this.
00:45:52.000Fresh has been very vocal about telling you guys that you shouldn't be buying a brand new car unless you're an influencer, you're buying it under a business or whatever.
00:46:01.000A lot of you guys have a regular job and you're not entrepreneurs and you don't have a creative way to...
00:46:06.000I guess get that car involved in your business where you can write her off.
00:46:08.000So he said a billion times, yo, don't buy new cars.
00:46:24.000Yeah, but basically, yeah, guys, rule number one for budgeting and expenses and money, do not buy new cars.
00:46:32.000They'll give you a deal, say we'll lower your payment, it's brand new, off the lot, The moment you drive off the lot, guys, it is literally losing money.
00:46:40.000And the problem is, when time comes for you to sell it or get rid of the car, you're upside down 10k like this guy here.
00:46:47.000Which sucks, by the way, because I did it too as well at the very beginning about a new car.
00:46:51.000But, again, if you can get a pre-owned car that's used...
00:51:55.000WFNF, 34-year-old man, disabled with fixed income, 30K a year, own a home, 800 credit score, 500K in an asset slash investments, not including a house.
00:54:02.000You need somebody motivated that wants to do it.
00:54:05.000Because the problem with people that do sales most of the time, they do it because it's a luxury or a site job, but it needs to be their main thing.
00:54:11.000Yeah, and the fact that you're making them rely on 100% commission, bro.
00:55:24.000Granted, today's sponsor is called AirStack.
00:55:26.000And most people don't understand as well that you can actually stop this from happening to you by buying this device.
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00:55:48.000That's promo code FRESHFIT30 at checkout.
00:55:51.000And once again, guys, that will save you 30% on that actual purchase and protect you from actually getting radiation issues from your phones, tablets, and computers.
00:56:00.000And actually, we just found out as well, In France, they banned the iPhone 12 because there was so much radiation from the phone, it caused people to have major issues with their health.
00:56:09.000So again, guys, France banned the phone, the iPhone 12, because it had radiation issues, and that's huge because your health is very important, guys.
00:56:15.000So type in iristech.com, support us, support them.
00:56:25.000So quick little recap on the first two things, guys.
00:56:29.000The first two were write down your monthly expenses, right?
00:56:34.000What you got coming in and what you got going out.
00:56:38.000Then from there, you're going to be able to start eliminating things because once you have obviously a visual representation of where your money's coming in and what's going out, you're going to be able to be Like, oh damn, I spend this much on Netflix?
00:56:49.000Oh damn, I spend this much on going out?
00:56:50.000Oh damn, I spend this much on alcohol?
00:56:52.000Whatever the hell it is that you do, you're going to be able to go ahead and see it visually and be like, alright, I just need to cut this stuff out.
00:56:57.000So it's a very powerful representation.
00:56:59.000We talked about this before, where you're not going to drive somewhere you've never been before without a GPS. What gets measured gets managed.
00:57:04.000So once you measure what the hell you're spending, you're going to be able to manage it and hopefully put yourself in a better position.
00:57:09.000Also, you can't manage what you don't know.
00:58:48.000And if you can't work to pay for this time off, you're screwed.
00:58:53.000Like, I know guys that worked at my old job and, like, they had issues and some of them actually went homeless because they lost their job and they couldn't pay for their rent.
01:00:53.000But this is why, just after your point, the average person, number one, write down your expenses so you know, and then minus that from your income.
01:01:11.000I think one good way to do it is have half that money sitting in a random checking account that you have access to, God forbid, and then also a good portion of it should be in cash.
01:01:23.000As much as I hate cash, guys, I genuinely hate cash, but if shit pops off and you need money quick, nothing's like cash, dude.
01:01:33.000So what I used to do is I used to have my bank set up where all my money coming in from my paycheck, the EFT transfer, 30% goes to my savings.
01:01:45.000Now, depending on who you are as a person, what your expenses are, you can determine how much you want to put into savings right away from your income.
01:02:18.000Maybe you can have some of it in crypto, then you can have some of it in cash, then some of it in a checking account, whatever you want to do, but make sure that it's liquid and you can immediately get access to it, guys.
01:02:25.000Even with the crypto, I'm a little worried.
01:02:27.000So you put it just in a checking account or something.
01:02:29.000Or if you want it the easiest, keep it in cash.
01:04:19.000Now, again, there's a snowball effect you can use to pay off debt, which is basically you're paying off the highest interest first, or the smallest one first, whatever works for you, and pay it down that way.
01:04:29.000But the main thing is, guys, you're saving money from your account, from your income, to pay off debt.
01:04:35.000Now, this is very fundamental, but here's the secret, right?
01:04:39.000Most people that are successful won't have no personal debt.
01:04:43.000Business debt, which means it's all in real estate, all in businesses, but not credit cards that they have to pay 23% on or 18% on.
01:04:51.000It's only going to be business debt, which is huge towards your financial future.
01:04:55.000And I think for most people as well, if you look at it this way, you're going to have debt in your lifetime.
01:05:00.000But how you manage it is going to determine what you can buy, how you move forward in life, even by property.
01:05:06.000Guys, if you didn't know, you have too many issues, for example, of high payments towards cars, maybe furniture, maybe, for example, different items in your property or even in your life.
01:05:18.000When they go look at your credit to give you a loan for your house, they won't approve you.
01:06:00.000You guys, if you watched our credit card episodes, you guys already know these credit card companies want to kill you.
01:06:04.000The lowest I've ever seen credit card interest rates is like 13, 17%, right?
01:06:09.000But normally, it goes well above 20 into the 30s.
01:06:13.000So credit cards, guys, is what kills you, man.
01:06:15.000If you got to pay the minimum payments for a period of time, that's one thing.
01:06:18.000But yo, the credit card debt, bro, you guys got to cut that down immediately because that will always mess you up.
01:06:23.000And what ends up happening is the way the credit card companies work, they want you to make the minimum payments so that you can continue to pay them forever.
01:06:29.000You're not going to actually pay off the credit card making the minimum payments.
01:06:33.000What credit cards don't want you to do is what we teach you guys to do.
01:06:36.000Get the credit card, get the free points, get the free cash back, get the benefits, then pay it off in full every month and don't give them any interest.
01:07:08.000So don't buy more, just buy what you're gonna pay for, like gas, groceries, maybe rent if you can, but only what you're gonna pay for normally.
01:07:29.000I know people, they get a credit card, they pay for vacations, vacations with their girlfriend, they go buying clothes and stuff like that in the mall.
01:07:37.000It's like, bro, what are you doing with extra cash that you have?
01:07:39.000Like, save it, pay off your credit card, and then buy shit you actually need, not just like luxuries.
01:07:44.000But again, that's most people's current status.
01:07:46.000Have fun now, and pay for it later, if they can.
01:07:59.000So, number one, guys, was write down your monthly expenses and your income side by side and then have a visual representation, right, of what your money coming in looks like and what your money going out looks like, right?
01:08:11.000Step two, from there, with the visual representation, you're able to make adjustments real time and be able to remove things that are costing you money that you don't necessarily need, but it gives you a picture of Of what you need to do, right?
01:08:22.000We always say, well, it doesn't get measured, it doesn't get managed.
01:08:24.000This is one of the best ways to do it.
01:08:26.000And then writing it out is going to force you to be honest with yourself.
01:08:29.000A lot of you guys want to be Mauro Winans, you know, I don't want to know.
01:08:31.000You know, you need to fucking know, right?
01:08:33.000Don't be one of these idiots that's operating blind financially.
01:08:36.000It's going to hurt, but once you find out you can manage it, you're good to go.
01:08:40.000Then number three, save towards your emergency fund, guys.
01:08:42.000Three months bare minimum of your salary, if not six to twelve months preferably.
01:08:46.000I want y'all to have a year of money ready to go so if anything happens, you get injured, a family member needs the money, emergency comes up, you lose your job, whatever, you can sustain yourself for a significant amount of time, alright?
01:09:28.000When you guys sign all that goddamn stuff like, oh, do you agree to the terms and conditions?
01:09:31.000That's what they're telling you on there.
01:09:33.000We reserve the right to increase the interest rate whenever the fuck we feel like it.
01:09:36.000And it could easily be up into the 30%.
01:09:38.000So, guys, be intelligent with credit cards.
01:09:41.000Spend it on things that you're already going to spend paid off fully in months so that you get the benefits without having to pay them interest, okay?
01:09:46.000Because they're banking on you, not paying it in full, so they can collect interest from you and then keep you as a fucking slave.
01:09:53.000Just like Fresh said, Having a bunch of debt is like putting a ball and chain on your ankle and significantly limiting your freedom and your ability to do things that you want to do.
01:10:01.000And most importantly, invest in assets that's actually going to give you the freedom.
01:10:05.000Credit card companies don't want you investing in assets.
01:10:07.000They want you investing in them so they can continue to collect interest from you.
01:10:30.000Now, number four was important, vital.
01:10:33.000The problem is, if you want to invest money into yourself or an asset or a skill, if you have debt that is high percentage of, maybe, for example, interest or, for example, just a high rate, whatever you invest in is going to be taken away from that debt.
01:10:50.000Now, pay off the debt so it's possible.
01:10:52.000Then, when you get the money from saving, managing, budgeting, whatever money you invest in is not stored, adorted, or, for example, taken away from your debt.
01:11:03.000Now, regarding saving for your skills, yourself, or making more income, I think for most people, they underestimate themselves.
01:11:11.000Because, obviously, most Americans, what do they do?
01:11:15.000They go shopping, they waste money, and when it comes to actually investing themselves, they can't.
01:11:20.000Now, for me, what I did was I said, you know what?
01:11:24.000Either I can focus on saving money now and putting it to myself, or have fun, go out to the bars with friends and relax.
01:11:31.000Now, luckily, it was number one, which is save money and invest in myself.
01:11:35.000So, step one, I budgeted, saved money, lower expenses, and I have money left over.
01:11:41.000For that money, I took it, I paid for a mentor, I went to this workshop, paid for different things I could learn online, for marketing, Instagram, YouTube, all that stuff, right?
01:11:52.000And because of that five-year period I spent doing that, whenever I made the money to actually have to invest into things, I knew what to do right away.
01:12:00.000Now for some of you, I may be learning a skill, getting a trade, going to school, or Whatever it may be, you need money to make it happen.
01:12:07.000So I think for most people, you need to start from now.
01:12:10.000Focus on, one, writing down your stuff so you know what money's coming in, what's going out.
01:12:16.000And then more importantly, number four, be debt-free.
01:12:19.000I can't see you guys how much peace of mind I had being debt-free.
01:12:22.000If I was ever going to be successful...
01:12:25.000The last thing I want to be is highly in debt.
01:12:27.000I know guys, again, that are making good money.
01:12:33.000But they have so much debt that they're not happy.
01:12:35.000And they're slaves to their job or to their business.
01:12:37.000Because, again, when you're in debt, you have to constantly work overtime, work really hard just to maintain, versus you're debt-free, Peace of mind I can invest into myself, into skills, and again, most Americans are doing what?
01:12:51.000Living paycheck to paycheck with no savings.
01:12:54.000So again guys, invest in yourself, have money saved up, have no debt.
01:13:03.000So the whole purpose guys, this whole episode, the name of the episode is obviously budgeting, but you ask yourself, why are you budgeting?
01:13:11.000The reason why you're budgeting, guys, is so that you keep your expenses low to a point that you're actually able to save some money.
01:13:17.000When you save money, you're able to take that money and invest it into assets that will create more income for yourself.
01:13:23.000That's the whole purpose of budgeting and living well below your means.
01:13:26.000So you have extra money that you can start to invest.
01:13:30.000And once you start to invest that money, what ends up happening is you're going to slowly start to buy your time back.
01:13:38.000You guys know we like real estate a lot.
01:13:40.000We talk about real estate all the time.
01:13:41.000It's probably one of the best asset classes that actually pays you back an actual dividend with cash flow and tenants giving you money and it's consistent every month.
01:13:49.000The reason why we want y'all to budget is that you have extra money, invest that money into real estate, and then what you can slowly start to do if you do this correctly is you can start to cut back on your real job.
01:14:00.000You can start to, you know, do things that you want to do versus things that you have to do.
01:14:04.000And if you do this correctly and you budget hard for a while, right, and you exercise delayed gratification, what you're going to end up doing is you're going to set yourself up where you won't have to work hard forever.
01:14:14.000Work hard now so you don't have to work hard later.
01:14:17.000Because as you get older, You want to enjoy your later years, guys.
01:14:21.000And the faster and the harder that you make money and budget, the faster you can get out of the fucking rat race.
01:14:32.000But if you can retire at 40, 50, 60, have a good amount of money sitting in where you don't have to necessarily work anymore, I think that's a W, right?
01:14:41.000Where you don't have to worry about, oh man, I gotta stick it out of my job so I can get my pension and all this other bullshit.
01:14:46.000No, if you do this correctly, guys, you can retire early.
01:14:49.000That's the whole purpose of budgeting.
01:15:04.000You don't have to become an entrepreneur to be financially free.
01:15:08.000But you need to invest to become financially free because you can't work, Forever.
01:15:12.000And a lot of you guys don't want to work forever, and there's nothing wrong with that.
01:15:14.000But for you to get your freedom back, you need to invest, guys.
01:15:16.000And budgeting is going to put you in a position where you have excess money that you can invest that will help you purchase assets that will pay you back a dividend so you don't have to work anymore.
01:20:05.000Send this video to a friend because there's a bunch of people that we know that probably suck at budgeting and they need to hear this shit.
01:23:28.000The closer you get to New York, the more expensive you're going to see the deals are.
01:23:32.000But those are some areas that you could look at.
01:23:33.000But yeah, Bridgeport, bro, unless it's a fantastic dealer, it's like on the border of Stratford where it's a bit better, I would stay away from Bridgeport, especially the inner city area.
01:23:40.000That's the worst city in Connecticut by far, you know, aka Gunport over there.
01:23:45.000Guys, I have a transportation business for one year now, making 12 to 15k a month and do the dispatcher and driver on the same time.
01:23:50.000I have only two years in USA from Albania.
01:26:17.000Please like the video, guys, because we got the anus and reach haters in here watching our shit, trying to gain value, then disliking the video on the way out, which I'll never understand.