Fresh & Fit - 5 Ways To Achieve Financial Freedom In 2023

00:00:00.000 We are live.

00:00:00.000 What's up, guys?

00:00:01.000 Welcome to the Fresh Fit Podcast, man.

00:00:02.000 It's Money Monday.

00:00:02.000 We're gonna talk about financial freedom.

00:00:04.000 Let's get into it.

00:00:04.000 Let's go!

00:00:55.000 We are back.

00:00:56.000 We're back, guys.

00:00:56.000 What's up?

00:00:57.000 Welcome to Fresh Shift Podcast, man.

00:00:58.000 It's Money Monday.

00:00:59.000 So, really excited for this, guys.

00:01:00.000 You guys know the Money Monday episodes is where you guys get a lot of the value on these types of shows.

00:01:06.000 We help you guys with becoming an entrepreneur, making money, getting your savings on point, and basically just creating wealth to some degree, man.

00:01:14.000 You don't necessarily have to be...

00:01:16.000 And the light goes out.

00:01:18.000 We're under a matrix attack, guys.

00:01:21.000 But...

00:01:22.000 Our goal isn't necessarily to make y'all multi-multi-millionaires unless that's the goal for you guys, but the goal is to definitely get you guys to a point where you can do what you want to do and you are not tied down through finances.

00:01:32.000 So real quick, let me hit some of these chats.

00:01:35.000 We got here...

00:01:36.000 Chris?

00:01:38.000 Yep.

00:01:38.000 Yeah.

00:01:39.000 Rumble.com slash FreshFit, guys.

00:01:40.000 As you guys know, that is a new frontier for us because, I don't know, man.

00:01:44.000 Nowadays, we got some campaigns against us.

00:01:47.000 People hate FreshFit.

00:01:48.000 You know what I mean?

00:01:49.000 And we might get canceled any day now.

00:01:50.000 So if it does happen, guys, you'll know exactly where to find us.

00:01:53.000 And that's going to be on Rumble.com slash FreshFit.

00:01:56.000 Fresh and fit.

00:01:57.000 And also, we're live right now on Rumble as well, guys.

00:01:59.000 Rumble.com slash freshfit.

00:02:01.000 Yeah, we're pretty much going to put all of our live streams there as well.

00:02:04.000 And we just dropped our Andrew Tate interview with the Avengers.

00:02:07.000 We dropped that yesterday or the day before.

00:02:09.000 Excuse me.

00:02:10.000 Every Saturday, we're pretty much dropping an Andrew Tate video because, as you all know, YouTube is lame.

00:02:15.000 Yeah, YouTube is lame, and dude, we actually got a strike for putting up tape videos, or one of our old tape videos, they hit us with a strike, which is kind of funny to me, because other channels, like, that's how I know that we're shadowbent.

00:02:28.000 When we put up an Andrew Tate video, not only does it get less views, but it also gets taken down sometimes with strikes, which is crazy.

00:02:36.000 But no one else gets that.

00:02:37.000 So, I don't know.

00:02:38.000 It is what it is.

00:02:39.000 We're targeted, man.

00:02:39.000 Yeah, we're definitely targeted on YouTube, but it is what it is.

00:02:43.000 It's fine.

00:02:43.000 I genuinely think, too, we're probably...

00:02:47.000 Not even more, probably.

00:02:47.000 We, by far, are the most raw podcast on YouTube right now.

00:02:51.000 That's still on.

00:02:52.000 That's still on.

00:02:52.000 I was about to say.

00:02:53.000 Yeah.

00:02:54.000 By far, like, the most raw.

00:02:55.000 Because we brought on creators that, you know, other people are scared to platform.

00:02:59.000 We've had conversations other people are scared to have.

00:03:02.000 We've...

00:03:04.000 We're pushing the envelope, guys.

00:03:06.000 We really are.

00:03:06.000 And the only thing I ask is just subscribe to the channel, man.

00:03:08.000 Like the video.

00:03:09.000 Follow us on Rumble as well, because if anything happens, man, God forbid, you guys will know where we are.

00:03:13.000 Rumble is probably the last bastion of free speech, man.

00:03:16.000 I'm trying to tell y'all, man, because YouTube is getting worse and worse and worse when it comes to being able to say what you want to say, create content, you know.

00:03:25.000 Realistically speaking, if you look at the guidelines, anything can constitute as harassment and bullying or hate speech or whatever.

00:03:31.000 They're written very broadly.

00:03:32.000 It's written very broadly for a reason.

00:03:34.000 And to be fair, it is their platform, so we got to go with their rules.

00:03:36.000 Yeah, which is why a lot of the times we have to put things on Rumble that we can't put on YouTube, just to avoid the headache altogether.

00:03:43.000 So go on RumbleGuysRumble.com.

00:03:46.000 Also, FreshFit.locals.com, guys.

00:03:48.000 We put behind the scenes stuff, whether it's pre-streams or double dates or kicking out girls.

00:03:53.000 We're putting up Frank Castle's immediately.

00:03:55.000 So if you guys want to see girls get kicked out the show, from the other perspective, we always have our team recorded.

00:03:59.000 It's over there on Locals.

00:04:00.000 Also get the merch, fresherfitstore.com, guys.

00:04:02.000 As y'all know, we sell all the merch there.

00:04:04.000 My favorite shirt, the Chris the Bum shirt, is live over there right now because we all know Chris really is a bum and can't speak. 0.55

00:04:09.000 So go ahead and check us out over there.

00:04:12.000 Shout out to Chris, man.

00:04:12.000 Do you have anything, Chris, you want to say?

00:04:14.000 Nah, man.

00:04:14.000 I'm good, man.

00:04:15.000 See, he don't got nothing to say.

00:04:16.000 Yo, it's Monday, bro.

00:04:18.000 He got nothing to say, bro.

00:04:20.000 Chris, get him up there, bro.

00:04:21.000 This nigga want to interject and talk during the show with the girls, and then when it's a regular show like this, he don't got nothing to say, man. 0.99

00:04:26.000 Because I'm tired of hearing the voices, you know, that made no damn sense. 0.99

00:04:29.000 And when I hear no sense, I'm just like, what the fuck are you girls saying right now? 0.99

00:04:32.000 It's like, what's going on? 0.99

00:04:34.000 And last show, I put the tape over my mouth because you told me, Chris, give him a while.

00:04:37.000 And I tried, you know?

00:04:39.000 And I felt the same way the chat feels, you know what I'm saying?

00:04:42.000 You're the voice of the chat.

00:04:43.000 Exactly.

00:04:43.000 Okay, Chris.

00:04:44.000 Yeah, he's the voice of the chat.

00:04:45.000 Yeah, man, the chat would be like, yo, Chris, say something.

00:04:47.000 I'm like, alright, that's not chat, man.

00:04:48.000 The chat said I can hear you, bro.

00:04:50.000 Yeah.

00:04:53.000 And then, guys, check out our clip channel, man.

00:04:55.000 As you guys know, we got Freshly Fit Clips, man.

00:04:58.000 That channel, man, 80% of the Are not subscribed to it.

00:05:01.000 It's at 40 plus million views right now, but 80% of the people watching are not subscribed.

00:05:06.000 Can y'all please subscribe to that channel?

00:05:06.000 Do me a favor, man.

00:05:08.000 It's called Fresh Fit Clips.

00:05:09.000 On that channel, we want to go ahead and hit 1 million subscribers.

00:05:12.000 If we hit 1 million, we're going to throw another boat party. 0.97

00:05:15.000 It was amazing, guys.

00:05:16.000 We had some of the best YouTubers on the boat, hot girls, alcohol. 0.97

00:05:21.000 You've messed up, bro.

00:05:21.000 It was lit, man.

00:05:22.000 You messed up.

00:05:23.000 Just saying.

00:05:24.000 Even I drank.

00:05:25.000 I drank, too.

00:05:26.000 Mine was lit.

00:05:27.000 Yeah, I was lit.

00:05:28.000 Three girls had to help you out. 1.00

00:05:30.000 Yeah, that's actually the last time that I got lit.

00:05:33.000 It was January of this year.

00:05:35.000 That was the last time.

00:05:36.000 There's a video of Myra dancing with Justin Waller and me.

00:05:39.000 It was hilarious, bro.

00:05:40.000 Hilarious.

00:05:41.000 It was a good time.

00:05:42.000 And then also, guys, check out our other YouTube channel.

00:05:45.000 It's called More Fresh Fit Clips.

00:05:46.000 Let's get that one to 100K. So let's get Fresh Fit Clips to a mil and then get more Fresh Fit Clips to 100K. All right?

00:05:51.000 So we can get another plaque.

00:05:52.000 We can flex on the haters.

00:05:53.000 And also check us out on Spotify.

00:05:54.000 The links are below.

00:05:56.000 And we post every day on there on Spotify.

00:05:58.000 I'm always uploading.

00:05:59.000 And then fresher blogged.

00:06:00.000 Yes, guys.

00:06:01.000 I'm back to posting vlogs.

00:06:02.000 We're going to be in Colombia this week as well.

00:06:04.000 If you want to see it behind the scenes, go check it out on my vlog channel.

00:06:08.000 And we're going to post as well some of the stuff behind the scenes as well.

00:06:10.000 More not safe for YouTube on local.

00:06:12.000 So go check it out.

00:06:13.000 Once again, guys, stay fast, stay humble.

00:06:15.000 Let's go with 200K. Let's go.

00:06:17.000 Bam.

00:06:18.000 And check me out.

00:06:19.000 Oh, you said the...

00:06:20.000 And guys, once again, give value, add value.

00:06:23.000 We're going to have FireZone calls coming up with some special guests on the CEO network.

00:06:26.000 So tap into that.

00:06:27.000 Let's go.

00:06:28.000 All right.

00:06:29.000 And check me out, guys, on FedReacts, the episode I did yesterday.

00:06:33.000 Oh, man.

00:06:34.000 I'm already, like, losing my...

00:06:35.000 I went on a rant.

00:06:36.000 I know that.

00:06:37.000 I went on a rant with...

00:06:38.000 Oh, yeah.

00:06:39.000 We did the Long Island serial killer.

00:06:40.000 Sorry, guys.

00:06:41.000 We did the Long Island serial killer.

00:06:42.000 As you guys know, he was basically on the run for 13 years.

00:06:46.000 Nobody knew who the hell he was.

00:06:47.000 He killed 10-plus women.

00:06:48.000 They were able to connect the guy that they caught a couple days ago To a dude named Rex Heuerman, who is basically an architect that was working in midtown Manhattan as an architect firm, but he lives in Long Island.

00:06:59.000 And yeah, they connected him to three of the murders, so they think he's probably linked to the others as well.

00:07:05.000 And yeah, we talked about the case, how they identified him.

00:07:07.000 It was pretty interesting, because he's one of the...

00:07:11.000 Because he was killing since, like, they had bodies found since, like, 1996. 0.82

00:07:15.000 So, basically, a modern serial killer was found thanks to how they find him, DNA, and a bunch of other shit. 0.86

00:07:20.000 Is that common for someone to get away for that long? 0.97

00:07:23.000 For serial killing...

00:07:25.000 Well...

00:07:27.000 Yes and no.

00:07:29.000 The serial killer heyday was back in the 60s all the way up until the 90s.

00:07:35.000 But then once DNA came out, they ended up catching a few other guys.

00:07:39.000 Like BTK and the Golden State Killer come to mind.

00:07:42.000 One of them they found through Ancestry.com.

00:07:45.000 Yeah.

00:07:46.000 I've never heard about that one.

00:07:47.000 Yeah, bro.

00:07:47.000 That's wild.

00:07:48.000 He wanted to fap at the crime scene and leave some DNA, and then 30, 40 years later, they take that DNA, compared it, put it into the ancestry, and they were able to find relatives that had uploaded their DNA, and they were able to trace it back to that guy.

00:08:00.000 Wow.

00:08:01.000 Yeah, bro.

00:08:02.000 Yeah, crazy.

00:08:03.000 Look up, guys, I have episodes on this.

00:08:03.000 Crazy.

00:08:05.000 The BTK Killer, Buying Torture Kill, and the Golden State Killer. 0.58

00:08:09.000 Those two guys got caught through DNA 30 to 40 years after the fact.

00:08:13.000 Hey, guys.

00:08:14.000 Yeah, facts. 1.00

00:08:15.000 You're going to commit a crime, you fucking idiot. 1.00

00:08:17.000 Stupid! 1.00

00:08:19.000 Yeah, and then we also have it on Spotify, guys, if you guys want to listen to the audio version of FedReacts. 1.00

00:08:24.000 And then go get my book, Why Women Deserve Less, man. 1.00

00:08:25.000 Let's go ahead and get that thing up because some lame feminist TikToker dude who's a pussy made a book saying why women deserve more, some crap like that, and... 1.00

00:08:35.000 Or why do women deserve less? 1.00

00:08:37.000 And I ended up like, I don't know. 1.00

00:08:37.000 Some crap like that. 1.00

00:08:39.000 He's selling it for like a dollar. 0.99

00:08:40.000 He's trying to beat me in the algorithm, but it is what it is.

00:08:42.000 He just gave me free promo.

00:08:43.000 So it's crazy. 0.99

00:08:45.000 Like, yo, male feminists are literally the worst people, bro. 1.00

00:08:48.000 Like, it's wild to me how like they'll sit there and they'll virtue signal. 0.99

00:08:51.000 And it's like, bro, we know you're trying to smash.

00:08:53.000 You can't smash.

00:08:54.000 The girls that you're protecting, you're not going to get laid by putting the cape on, bro.

00:08:58.000 But, you know, it is what it is.

00:08:58.000 It's not happening.

00:09:00.000 That's how they cope, man.

00:09:01.000 It is.

00:09:01.000 Best way possible.

00:09:02.000 That is how they cope.

00:09:03.000 But without further ado...

00:09:05.000 Chats or...

00:09:05.000 You want to...

00:09:06.000 Well, today's episode is going to be...

00:09:08.000 Oh, yes.

00:09:08.000 Planes of Freedom.

00:09:09.000 You know what?

00:09:10.000 Let's do the chats first.

00:09:11.000 I'll hit the chats and then we'll...

00:09:11.000 Yeah, yeah.

00:09:12.000 Okay.

00:09:13.000 Best asset to invest in with 10K. Salute to the OG. Don't worry.

00:09:16.000 That's going to come up.

00:09:16.000 We'll cover you.

00:09:17.000 I'll say any kinds of gentlemen.

00:09:19.000 Please consider having the Sound of Freedom cast on if possible.

00:09:21.000 Thank you.

00:09:22.000 Alaskan Christian.

00:09:23.000 All right.

00:09:24.000 I don't know what it is.

00:09:25.000 Sound of Freedom.

00:09:26.000 Okay.

00:09:27.000 Y'all know what time it is.

00:09:28.000 It's Money Monday.

00:09:28.000 It's the best show of the FNF lineup.

00:09:30.000 Stop being broke, boys, and get your money up.

00:09:32.000 This is funny from IRS because he's going to take your money, guys.

00:09:34.000 Literally.

00:09:35.000 We're going to teach you how to pay him less.

00:09:36.000 Shout out to Myron for the recommendation at the Palms in Dubai and about have a good time.

00:09:40.000 Wink, wink.

00:09:42.000 I told him yesterday, I was telling him how it's filled with, like, you know, working ladies, and everyone was like, I'm going there!

00:09:48.000 That's an L, bro. 0.96

00:09:49.000 What the heck? 0.97

00:09:51.000 Okay. 0.86

00:09:52.000 Sheed goes, you do realize the U.S. government assassinated MLK because he was pushing for reparations for FBA. Black Americans do deserve reparations. 1.00

00:09:59.000 It was originally supposed to be given to each slave after the Civil War.

00:10:04.000 Bro, here we go.

00:10:05.000 Listen, man.

00:10:06.000 Look, man.

00:10:06.000 If you know everything, bro.

00:10:08.000 Yeah, man.

00:10:09.000 Keep fighting for the reparations, bro.

00:10:11.000 It is what it is.

00:10:12.000 I explained yesterday in detail who's going to actually end up paying for the reparations. 0.99

00:10:15.000 I went into detail about that shit, and you guys are going to fall for the psyop. 0.99

00:10:18.000 But yeah, man, go ahead. 1.00

00:10:19.000 Get your reparations.

00:10:20.000 They'll probably give you $1,000 and call it a day.

00:10:22.000 But yeah, that's going to pull you out of debt, man.

00:10:24.000 Go for it.

00:10:26.000 What app or website do you recommend for buying and owning stocks?

00:10:29.000 Much love, The Crew.

00:10:31.000 There's Webull. 0.86

00:10:33.000 There's a bunch of them, man.

00:10:34.000 You can buy them anywhere.

00:10:35.000 Robinhood.

00:10:36.000 I think for the average person, just look at the app itself.

00:10:40.000 Use it yourself.

00:10:41.000 Is it good to interface with?

00:10:42.000 If it is, use it.

00:10:43.000 If not, then...

00:10:44.000 There's a million brokers that you can buy stocks with.

00:10:46.000 Vanguard.

00:10:47.000 We just heard against Robinhood.

00:10:48.000 We just heard, don't use that one.

00:10:49.000 Well, for crypto.

00:10:50.000 If you're going to buy crypto, don't buy it off there.

00:10:53.000 Jared Mercado goes, shout out to you guys.

00:10:55.000 I got my credit score up from 660 to 739 in three months and got a Capital One Venture card to start traveling more.

00:11:01.000 Good job, bro.

00:11:02.000 We're going to do an episode on travel credit cards and the Capital One Venture will definitely be on that list.

00:11:07.000 Do average income earning men deserve a relationship? 0.67

00:11:10.000 Well, look, man, you don't deserve anything.

00:11:12.000 But what I will say is that your likelihood of getting the relationship that you want on your terms is going to go down if you're an average income individual.

00:11:22.000 What's the average income in the United States?

00:11:23.000 Somewhere between $37,000 to $50,000 per year.

00:11:27.000 Yeah, bro.

00:11:28.000 I mean, just do the math.

00:11:29.000 Most women are not going to respect that and or think that they should submit to you when you make that kind of money, unfortunately, because a lot of women make that amount of money. 1.00

00:11:35.000 And I would say you don't get what you deserve.

00:11:36.000 You get what you work for.

00:11:38.000 And when I say work for, I mean, for example, becoming that man that deserves or works towards becoming a better man of high value.

00:11:44.000 So pretty much.

00:11:45.000 So, that's just kind of what it is, bro.

00:11:47.000 And we tell y'all to make this money because you guys see, like, when the girls come on the panel, how they behave, man.

00:11:51.000 They behave like that with us.

00:11:53.000 We have more status, more money, more club.

00:11:55.000 And there's cameras on.

00:11:57.000 They're crazy, disrespectful like that, guys, with us here and 30,000, 40,000 people watching.

00:12:03.000 Can you only imagine what would happen behind closed doors? 0.55

00:12:05.000 Yeah.

00:12:07.000 That's doomsday.

00:12:08.000 Bro, that's what I'm trying to explain to you guys, man.

00:12:11.000 It's really tough out here, man.

00:12:13.000 It is very, very difficult for the average man to get the best out of a woman in modern day age because most women truly do believe that they're better than you guys. 1.00

00:12:24.000 I really want you guys to get this through your head. 0.92

00:12:26.000 I know I sound like a broken record, but once you guys understand that the average girl thinks that she's better than you and deserves better than you, it's going to make you realize, damn, I need to be superior to these chicks to even get anything out of them that's worthwhile. 0.98

00:12:39.000 A lot of the times.

00:12:40.000 I just want y'all to be in a leveraged position where you're the prize and she's not. 0.98

00:12:45.000 Anytime she feels like she's the prize and you're lucky to have her, man, it's a fucking wrap, bro. 0.99

00:12:50.000 It is a recipe for disaster. 0.99

00:12:53.000 It is, literally.

00:12:53.000 I'm telling y'all, man.

00:12:56.000 Naz the Gamer.

00:12:57.000 I have quite the following on social media.

00:12:58.000 I basically remixed food in different varieties in one video.

00:13:02.000 Do you, Fresh and Miren, think I can monetize my skill in food as in teaching programs and or give recipes for health wellness?

00:13:10.000 I mean, you can, but that shouldn't be your main income source at the very beginning.

00:13:16.000 Obviously, you work your job.

00:13:17.000 Did Casey ever monetize it?

00:13:19.000 He did in a way, but not fully.

00:13:21.000 Casey's our Colombian guy. 0.98

00:13:22.000 He's really into cooking and shit like that. 0.98

00:13:23.000 So I was wondering... 0.97

00:13:24.000 A recipe book?

00:13:25.000 We had a...

00:13:26.000 What's the fitness guy that came on that had a recipe book?

00:13:29.000 Oh, um...

00:13:31.000 From Canada.

00:13:32.000 Yeah. 1.00

00:13:32.000 God damn it. 1.00

00:13:33.000 I can't even... 1.00

00:13:33.000 Wow. 1.00

00:13:34.000 Greg Doucette.

00:13:34.000 Greg.

00:13:35.000 Greg Doucette.

00:13:35.000 Yeah.

00:13:36.000 So he did one.

00:13:36.000 He had a following.

00:13:37.000 He had a following.

00:13:38.000 Yeah.

00:13:38.000 Right.

00:13:38.000 So I would say start making money, paying your bills, and then build a following.

00:13:42.000 And then from there, segue into, hey, you know what?

00:13:45.000 Here's my free product or paid product you can hop into.

00:13:48.000 Yeah.

00:13:49.000 Yeah.

00:13:50.000 I mean, cooking, you know, there's always, like, that's And here's the thing.

00:13:53.000 That's a very good and clean niche because everyone will rock with you if you're cooking because everyone likes food.

00:13:58.000 And you'll be able to build a very big audience.

00:14:01.000 But you got to be able to diversify yourself to some degree when you're going to get into that niche.

00:14:06.000 I think the healthy angle versus eating at a restaurant will maybe get you some more of a niche audience because everyone eats out nowadays.

00:14:14.000 Healthier options you could cook at home.

00:14:16.000 Why not?

00:14:17.000 Yeah.

00:14:19.000 Everything is competitive nowadays, bro.

00:14:20.000 But yeah, you could definitely do it, man.

00:14:22.000 I'm here in Myron's Angry Vein to hear holy, and that's from Meat Sauce Homie.

00:14:26.000 All right.

00:14:27.000 And to hear.

00:14:28.000 Not going to lie, Chris Aaron, whatever his name is, was hilarious last show.

00:14:34.000 Respect Myron afresh.

00:14:36.000 If you could understand what he says, I guess he's hilarious.

00:14:39.000 I'm 27 years old.

00:14:40.000 I make $170K annually, working as a finance manager for a car dealer in Los Angeles.

00:14:45.000 Any ideas or advice on how to save slash invest my money?

00:14:48.000 Side note, FedReacts is goaded.

00:14:49.000 P.S. Keep exposing them boys.

00:14:51.000 Yeah, man.

00:14:51.000 I mean...

00:14:53.000 Obviously, we got to do it with a little bit of...

00:14:56.000 We got to move slightly.

00:14:59.000 We got to tread lightly in that category.

00:15:01.000 But yeah, man.

00:15:01.000 We got y'all.

00:15:03.000 WeedyBaby goes, I'm 27, have a 765 credit score.

00:15:06.000 And don't worry, bro.

00:15:07.000 We're going to talk about investing in this broadcast.

00:15:09.000 I'm 27, have a 765 credit score and 10K with no debt.

00:15:12.000 And what would you get invested into to start the path to being your own boss?

00:15:18.000 We'll talk about that as well.

00:15:19.000 From here on now, it's 20 bucks and up.

00:15:21.000 Okay, so, yeah, because we got 3,700 of y'all watching right now, guys, on YouTube.

00:15:26.000 I don't know how many over on Rumble, but do me a favor and like the video, guys, subscribe to the channel.

00:15:30.000 From this point forward, we're going to read 20 and up just so that we can get on with the broadcast.

00:15:34.000 All right, so we got almost 10K watch in total between here and Rumble.

00:15:36.000 We got another about 5K, y'all, on Rumble.

00:15:38.000 Border Patrol, give value at the Palms.

00:15:41.000 How fresh?

00:15:42.000 No, bro.

00:15:44.000 Dude, the Palm Jumeirah in Dubai is a cesspool of you-know-what.

00:15:48.000 Bro, if you want that stuff, that's on you, but we don't double in that stuff, bro.

00:15:51.000 Yeah, man.

00:15:51.000 I mean, it's annoying.

00:15:52.000 If you're actually, like, trying to pull chicks, it's actually really annoying. 0.99

00:15:55.000 Every girl you go up to is, like, a working chick, bro. 0.99

00:15:57.000 That's annoying as hell. 0.99

00:15:59.000 It's disgusting, bro. 0.94

00:15:59.000 Like, honestly, bro, it's like, ugh. 0.94

00:16:01.000 God.

00:16:01.000 Yeah.

00:16:01.000 Yeah, it's really annoying.

00:16:03.000 Like, hey, if you're there to trick...

00:16:05.000 Go.

00:16:05.000 Go for it.

00:16:06.000 It's going to be awesome.

00:16:08.000 I just can't imagine you're about to meet a chick, bro.

00:16:10.000 The guy does before you pay a couple of dollars for this chick, and you're about to do the same thing. 1.00

00:16:15.000 It's like, bro, I don't know, bro.

00:16:17.000 It just turns me off.

00:16:18.000 Yeah, yeah, yeah.

00:16:18.000 That's an L, man.

00:16:20.000 In fact, he can pay for it and get it, too.

00:16:21.000 Bro, that's an L. That's an L. Dean's World.

00:16:23.000 Hey, guys.

00:16:24.000 I make $60,000 per year.

00:16:25.000 What percentage should I be saving investing?

00:16:27.000 I have about $1,000 in disposable income.

00:16:29.000 Appreciate you guys.

00:16:30.000 You're the best.

00:16:32.000 I would say you should be investing in saving to make more money.

00:16:35.000 Yeah.

00:16:36.000 That's too low, bro.

00:16:37.000 Yeah, it's too low.

00:16:37.000 You need to make more money.

00:16:38.000 Because your return on investment isn't going to be that high anyway.

00:16:40.000 Yeah.

00:16:42.000 Well, yo, Fresh, are you going to reopen the CEO Network?

00:16:44.000 It's open right now, guys.

00:16:46.000 And it's at a price point where we're like, I want to keep it very small.

00:16:48.000 So it's what it is if you can get into.

00:16:50.000 If you can't, understandable.

00:16:51.000 But it is where it is right now.

00:16:52.000 I have like 50 spots left.

00:16:54.000 So hop in there if you can.

00:16:55.000 Okay.

00:16:56.000 Hi.

00:16:56.000 Great to see you again, guys.

00:16:58.000 You said 15 spots, right?

00:17:00.000 Yeah.

00:17:00.000 50.

00:17:01.000 50.

00:17:01.000 Okay.

00:17:02.000 Big up FNF. Love you guys.

00:17:04.000 22 years old.

00:17:05.000 New Haven, Connecticut.

00:17:06.000 Making 50K with 70K in savings.

00:17:07.000 Looking to buy first.

00:17:08.000 Multifamily for cash flow in Connecticut.

00:17:10.000 Where should I look?

00:17:11.000 Oh, there you go.

00:17:11.000 Good question.

00:17:12.000 That's something that...

00:17:13.000 We'll cover that.

00:17:13.000 Yeah, we'll cover that.

00:17:15.000 Well, look at Southern Connecticut.

00:17:17.000 Okay.

00:17:18.000 I got a couple of my properties in West Haven and New Haven area.

00:17:20.000 So look there, guys.

00:17:22.000 And the closer you are to New York City, the better, guys.

00:17:25.000 Okay?

00:17:25.000 Especially for you.

00:17:26.000 You're down there in Southern Connecticut.

00:17:27.000 I would stay away from Central Connecticut unless you're getting, like, really good returns.

00:17:30.000 But you're not going to get as good of appreciation if you invest in Central Connecticut, like New Britain, Hartford, etc.

00:17:35.000 Like, you'll be able to get it for a better price.

00:17:37.000 You'll be able to get good cash on cash returns. 0.93

00:17:38.000 However, your appreciation is going to be as strong because the further away you are from New York, the less likely your property is going to appreciate because Central Connecticut sucks.

00:17:47.000 Yeah, party and after party was fine. 0.56

00:17:50.000 That's from Manja Singtura.

00:17:50.000 Yes.

00:17:51.000 Shout out to him.

00:17:52.000 Shout out to him.

00:17:53.000 So think about this.

00:17:54.000 For example, you woke up and off rip, say, hey, cool.

00:17:59.000 Okay.

00:18:00.000 Hey, okay, cool.

00:18:01.000 Now you're adding value.

00:18:02.000 Networking.

00:18:02.000 Also, 200k on the way.

00:18:03.000 Let's go.

00:18:04.000 Peace.

00:18:04.000 If only it was that easy.

00:18:07.000 You just used 90% of first vocabulary.

00:18:11.000 Money.

00:18:11.000 Ah!

00:18:12.000 And that's from Paul Dice.

00:18:12.000 And then we got KVBVL. You guys should tell Tate to make a sparkling water biz.

00:18:17.000 Actually, that would be really good because I started drinking sparkling water because of Andrew.

00:18:22.000 Honestly.

00:18:23.000 Fair enough.

00:18:23.000 I hate sparkling water, but everyone has their own taste.

00:18:27.000 You saw the news about black chick who went to UAE and scream at public and they lock her up? 0.97

00:18:32.000 Yeah. 0.86

00:18:33.000 Hey, y'all!

00:18:34.000 If I don't play, bro.

00:18:35.000 Yeah.

00:18:36.000 Yeah, man.

00:18:37.000 I mean, it's kind of funny, bro.

00:18:38.000 Chris, you miss them.

00:18:39.000 Yeah, we'll read it later on at 20 and up.

00:18:42.000 Oh, okay.

00:18:43.000 Yeah.

00:18:46.000 Lachlanmitty, $14.

00:18:47.000 Appreciate that.

00:18:48.000 Or $15.

00:18:49.000 Again, $2.

00:18:50.000 Appreciate that.

00:18:50.000 I think the A stands for...

00:18:51.000 Is y'all straight?

00:18:52.000 No.

00:18:52.000 80 million views to interview Tucker Top G. I think on Twitter.

00:18:56.000 On Twitter, yeah.

00:18:58.000 What's up, guys?

00:18:59.000 All the love for you.

00:19:00.000 Question.

00:19:01.000 New pretty house or good shape old house to start doing house hacking in real estate? 0.98

00:19:05.000 It's the numbers, bro.

00:19:06.000 Honestly.

00:19:07.000 It depends on what your tolerance is and your handyman level.

00:19:09.000 If you have more money, I would say try to go ahead and get what I call a turnkey, which is a turnkey property as you buy and it's pretty much ready to go.

00:19:16.000 If you don't have as much capital, then you're going to have to buy a fixer-upper.

00:19:20.000 Personally, me, man, I'm at a point where I don't want to deal with those headaches because a fixer-upper, you're going to buy it, then you got to put work into it.

00:19:25.000 Then you have to have it ready for people to move in.

00:19:27.000 That's going to take a couple of months.

00:19:28.000 You got to find contractors.

00:19:30.000 So it really depends on your tolerance level and how much capital you have.

00:19:33.000 I always say I think it's personally better to just buy a turnkey and buy the property pretty much ready to go, put tenants in, and start cash flowing immediately.

00:19:42.000 Versus you buy it at a lower price, you got to deal with vacancy for a bit, you're still probably paying a mortgage to some degree, and it's not making you money.

00:19:49.000 But you're able to get at a better price.

00:19:50.000 So it really comes down to where you are, guys.

00:19:54.000 A lot of FNF supporters are not from the States.

00:19:56.000 I hope some of these avenues to earn are not American-centered.

00:19:59.000 No, definitely not.

00:20:00.000 Alright, I got a 730 credit score, a 1099 job, and about 20k saved up.

00:20:04.000 What can I do to turn that 20k into 40k?

00:20:06.000 We'll talk about that.

00:20:07.000 And last two?

00:20:08.000 Last two here.

00:20:09.000 How's the BTM going?

00:20:10.000 I'm considering it, but not 100% sure.

00:20:11.000 When will you say how's it going?

00:20:13.000 I'm going to probably do an update for y'all on that, guys, in about two months.

00:20:18.000 I'll talk to you guys about that.

00:20:20.000 So I want to have a few months of it making money so that I can show you.

00:20:23.000 And I'm going to actually show y'all everything.

00:20:26.000 How we did it, how much money was spent, everything.

00:20:28.000 I'm going to be 100% transparent.

00:20:29.000 And then also, I'm going to be also working with David Amari on the YouTube automation.

00:20:36.000 I'm going to start a channel with him, and I'm also going to make that open to y'all and show you guys the revenue.

00:20:40.000 Obviously, I'm not going to show y'all the channel because you can't.

00:20:42.000 You never want to show the channel for obvious reasons, but I will show you guys the analytics page so that we can show you guys how much we're making, etc.

00:20:50.000 Read Why, The Last Man, and What If No More Men.

00:20:55.000 Go watch that episode on YouTube Automation, guys. 0.99

00:20:57.000 There's actually very important reasons why you shouldn't disclose your YouTube channel because people go in and watch it and just copy your shit and fuck your watch time up and all this other shit. 0.94

00:21:06.000 But we'll talk about that when Dave Omari comes back and I show you on my channel. 0.96

00:21:10.000 When I have it up, I'll let you all know.

00:21:12.000 Sound of Freedom is a film about child trafficking, real story of a federal agent saving children.

00:21:15.000 Yes, yes, yes.

00:21:16.000 I'm going to watch that in theaters with Angie.

00:21:17.000 I know.

00:21:18.000 I remember now.

00:21:19.000 All right.

00:21:20.000 Anything else?

00:21:22.000 Yeah, they're asking for it yesterday on FedReacts.

00:21:24.000 It's funny who you said you're going with.

00:21:26.000 Okay, cool.

00:21:27.000 This guy.

00:21:28.000 Today's topic is financial freedom in 2023.

00:21:34.000 All right, guys.

00:21:35.000 So we've got five points to cover today regarding...

00:21:38.000 Round one.

00:21:39.000 Yeah, you're right.

00:21:40.000 So most of you nowadays want to make money, be successful, and have a leg in this race because there's a race going on right now between the rich and the poor.

00:21:49.000 But ultimately, in this race, you can make good choices or bad choices.

00:21:53.000 So we made five topics today to cover, to kind of tell you guys what to do in this sense.

00:21:58.000 Alright, so number five, counting down from five is, avoid major financial mistakes.

00:22:03.000 So guys, for the most part, if you're out here in the world, you're going to make mistakes.

00:22:07.000 Of course, in dating, buying stuff, you know, advertisers entice you with obviously ads online, and you buy things you don't really need for the most part.

00:22:16.000 However, if you can avoid major mistakes, for example, getting to major debt, or having a kid too early, or even avoid DUIs and other things like that, you can kind of set yourself on a good path.

00:22:27.000 And for the most part, people nowadays, they just do whatever they feel like.

00:22:30.000 It's a good feeling.

00:22:31.000 Oh, your friends are going here or there at this party.

00:22:33.000 And you don't think about the future.

00:22:34.000 But we're saying today, you know what?

00:22:36.000 Think about this, the actual financial future for yourself.

00:22:40.000 Which means, okay, cool.

00:22:41.000 Start from A to Z. Where do you want to end up in 10, 15, 5 years even?

00:22:46.000 How do you get to that path?

00:22:48.000 So, I would say the one thing to avoid is having kids too early.

00:22:52.000 Now, obviously, some of you may already have kids, which is fine.

00:22:55.000 But, bro, having a kid too early on, one, costs a lot of money.

00:22:59.000 The average amount for a kid up to late, I think, 18 years old is $250,000 minimum.

00:23:05.000 And that does not include school.

00:23:07.000 So imagine your whole setup is taking care of this kid with time and money, and that goes towards all your effort into that, versus putting it into yourself, becoming a better man, investing in assets, or even putting education into yourself with courses or learning from a mentor.

00:23:23.000 That whole process itself, having a kid, bro, could deter you from a long path of success.

00:23:27.000 And I don't think it's possible, but why adapt yourself with a kid, bro?

00:23:31.000 Look, I have a dog, bro, and I'll tell you this right now, bro, he will stress.

00:23:35.000 So again, imagine having a kid.

00:23:37.000 Number two is...

00:23:38.000 Buying things you don't need.

00:23:39.000 So, a lot of us, especially men, want to buy things to impress women.

00:23:43.000 And I get it.

00:23:44.000 You want to buy a nice car, nice crib.

00:23:46.000 And it's fun, it's exciting, but if you're not going to be financially stable to actually maintain these things, you're going to end up hurting yourself because it's called opportunity costs.

00:23:54.000 When you spend money on assets, for example, that are not going to pay you or actually give you any benefit or ROI, you buy a house or you buy a car, you're actually losing money because the money you spend on that actual expense every month or every day Could go towards your future or, for example, investing in an asset.

00:24:10.000 So that's number two, I would say. 0.74

00:24:12.000 Buying dumb stuff. 0.71

00:24:13.000 And number three, for me, is going to be A big mistake is actually not putting time into yourself. 0.98

00:24:21.000 So I've seen, personally, people put girls before themselves.

00:24:27.000 They'll get a girlfriend or they go chase girls. 0.99

00:24:29.000 And I've spoken to so many millionaires over this period of time of five years.

00:24:33.000 And they all tell me one thing.

00:24:34.000 They say, hey, listen, man, if I could go back in time, I would change one thing.

00:24:38.000 And that is dating and chasing girls nonstop.

00:24:42.000 Because I'm telling you this right now.

00:24:44.000 Every person that I know that is successful took a period of time where they say, you know what, I'm going to slow down on girls or stop completely, focus on myself and my future, and then when I get to this point that I'm comfortable with, I'm going to go back to the data market and focus mainly on that.

00:24:59.000 And I said that to say, for the most part, if you're going to actually come into this and have financial freedom, you need a plan of action.

00:25:05.000 And having a relationship with a girl can't take that away from you.

00:25:08.000 Because what happens is you focus on her, you make her a priority.

00:25:11.000 And I know some guys are focusing on business.

00:25:14.000 They got a girlfriend and they slow down making sales.

00:25:16.000 They stop going to events.

00:25:18.000 They stop, like, going out.

00:25:19.000 Oh, why are you not home?

00:25:21.000 Where are you at?

00:25:21.000 You should be home by now.

00:25:22.000 So all these things come into place to slow you down.

00:25:25.000 And guys, these are mistakes that you can make to either destroy your future or slow you down.

00:25:31.000 And I'm just saying this because if I knew these things back then, I'd be way further ahead, of course.

00:25:37.000 But I'm telling you guys, prepare for it because it is a plan of action.

00:25:40.000 And if you're not ready for it, you're going to make mistakes.

00:25:44.000 So I actually wrote down some things here.

00:25:45.000 And just so you guys know, for some of you guys that are joining, because I see the views are going up, we're covering five ways to make yourself financially free and things to either do and or avoid.

00:25:54.000 And the first one that we're talking about right now is avoid making major financial mistakes.

00:25:58.000 And I wrote down here some of the things as a subset to that, major financial mistakes.

00:26:03.000 I wrote down some things that are common fuck-ups for a lot of you guys.

00:26:06.000 Number one, taking hard money loans.

00:26:08.000 What's a hard money loan?

00:26:08.000 A hard money loan is basically a loan, guys, that's predatory in nature.

00:26:12.000 You're basically hard up for money.

00:26:13.000 You need money quickly without a credit check.

00:26:15.000 You take one of these hard money loans, nine out of ten times it's going to be from one of them boys.

00:26:19.000 They're going to give you a 20% to 30% interest rate, and they're going to basically, you're going to get a loan that you're probably never going to be able to pay off because you never had the financial security in the first place to take the loan, which is why you took the loan.

00:26:29.000 Next thing you know, you take the loan and you're a slave for life, right?

00:26:31.000 AKA, I'm Scott.

00:26:32.000 Yeah, there you go.

00:26:34.000 And Fresh had taken a hard money loan out before, and he could tell you about the dangers of that.

00:26:38.000 Yes, I have.

00:26:39.000 Co-signing a property or a car for someone else, okay?

00:26:41.000 That's a big mistake that a lot of you guys do.

00:26:43.000 You'll go ahead and sign for an apartment or a vehicle, and you can't get out the lease because now...

00:26:50.000 You're the one that co-signed it, so you're typically looked at as responsible.

00:26:54.000 So let's say you co-sign on a car for somebody, right?

00:26:56.000 And it's their duty to pay for the vehicle, but let's say they miss a few months.

00:26:59.000 Well, guess whose credit score is going to take a tanking?

00:27:01.000 Your credit score is going to take a tanking. 0.98

00:27:03.000 Theirs will too, but they clearly don't give a shit, but your credit score is going to go down. 0.80

00:27:07.000 So never, ever, ever co-sign for a vehicle or a home or an apartment for somebody that you don't know unless you're prepared to pay for all of it, okay? 0.93

00:27:15.000 Unless you're going to pay for all of it, don't sign for it.

00:27:17.000 All right?

00:27:18.000 Even family, by the way.

00:27:19.000 Even family, guys.

00:27:20.000 So that's the only time I would say you could co-sign is if you're prepared to pay for all of it, then okay, fine.

00:27:26.000 It's on you and it is what it is.

00:27:28.000 But most of y'all, you get into an agreement, we're going to split it 50-50.

00:27:32.000 No.

00:27:32.000 And that goes even for a phone line, guys.

00:27:34.000 Even for a phone line, that will mess your credit up.

00:27:36.000 If they don't say, let's say you can't pay the bill unless they give you their portion of the phone bill.

00:27:40.000 No, that's going to be an L. Do not do it, okay?

00:27:43.000 Next, getting DUIs or getting in trouble with the law, that will mess you up.

00:27:46.000 Guys, you had mentioned a DUI before.

00:27:48.000 I thought that was really good and something that's kind of understated.

00:27:50.000 Guys, a DUI is going to cost you, in the United States, most of the time, approximately $10,000 to deal with.

00:27:55.000 You understand?

00:27:56.000 And not only that, you're going to lose your driver's license.

00:27:59.000 You're not going to be able to drive.

00:28:00.000 You're not going to be able to go ahead and put yourself in a position to earn money from a job.

00:28:04.000 So it has a compounding problem that's going to continue...

00:28:09.000 That's going to continue the downward trajectory for you, okay?

00:28:11.000 It's a compound L because you get the DUI, you lose your car, you lose your money, you lose your ability to travel, you lose your ability to travel to a place of work to earn money.

00:28:22.000 So it's going to mess you up to a whole other degree.

00:28:24.000 And then on top of that...

00:28:26.000 Your family members are going to be responsible for getting you everywhere and or Uber or you spending money on taxis, whatever it is.

00:28:31.000 So it's going to be a huge L if you get a DUI and or find yourself in some kind of legal trouble where you're facing a criminal charge.

00:28:38.000 That can completely mess you up.

00:28:39.000 And we didn't even talk about attorney fees.

00:28:41.000 That's a whole other situation.

00:28:42.000 Sometimes just retaining a lawyer, guys, is going to cost you thousands of dollars before they even litigate anything.

00:28:48.000 To add to your point, I know guys, able-bodied, 20-plus years old, successful, that cannot drive because of past experiences with DUIs.

00:28:57.000 Guys, it's an L, bro.

00:28:58.000 Don't do it.

00:28:59.000 Next, kids.

00:29:01.000 Guys, I mean, if you have a kid now, I know it's probably the gift that keeps on giving, and a lot of you guys would take it back.

00:29:06.000 But for all you guys out there that haven't had a kid yet, bro...

00:29:09.000 Kids are absolutely going to destroy your ability to create wealth if you have children before you're financially set.

00:29:15.000 You need to become financially set before you have children.

00:29:17.000 Now's the other thing too.

00:29:19.000 I know what you're probably thinking.

00:29:21.000 But Myron, I'm getting older.

00:29:23.000 You know, I ain't getting any younger.

00:29:25.000 I want to have children.

00:29:26.000 My girl's pressuring me or my family's pressuring me, whatever. 1.00

00:29:29.000 I need you guys to take that la-la-la-la-la-la outside of your fucking mind. 1.00

00:29:33.000 And what I mean by this is this. 0.99

00:29:36.000 As a man, you are not on the same dating timeline as a female. 0.75

00:29:40.000 So in other words, you don't have to adhere to a biological time clock like a female does. 1.00

00:29:45.000 You're a man. 0.99

00:29:46.000 You can push back that window and have children when you're goddamn ready. 0.98

00:29:50.000 I don't care if it's 30, 40, hell, even 50. 0.96

00:29:53.000 Al Pacino's about to bust a kid out right now, and that dude's like in his 70s.

00:29:55.000 He was out here making movies in the 80s, right?

00:29:58.000 Scarface and Goodfellas, all this other stuff.

00:30:00.000 So you can absolutely have kids later on in your life, guys.

00:30:03.000 Do not...

00:30:04.000 Succumb to pressure from your family, from your wife, from your girlfriend, from your friends, your peer group, whatever it may be, colleagues.

00:30:11.000 Do not succumb to pressure to have children before you're financially set. 0.99

00:30:15.000 Because I'm telling y'all right now, children is going to be the number one killer of wealth if you don't have your shit together. 0.99

00:30:21.000 And trust me this, you do not want to have kids. 0.99

00:30:23.000 When you're broke, because you're not going to be able to give them everything that they want, everything that they need.

00:30:27.000 You're not going to be able to support the girl that's with you in the relationship.

00:30:30.000 The likelihood of you getting in a divorce or getting the relationship tarnished is going to go up because you're not financially secure.

00:30:35.000 I'm telling you, man, there's a reason why divorces go down once you make a certain amount of money.

00:30:40.000 I think that magic number where divorces start to go down is about $300,000 a year, where divorces start to drop off precipitously.

00:30:48.000 So, at least, guys, if we're going to go off of stats, etc., Get to a point where you're making about 300k a year, if not more, before you have children, if you want to significantly decrease the chances of divorce and a terrible life.

00:31:01.000 So make more money and do not let outside influencers fuck you up.

00:31:06.000 And they made fun of Rulo for this comment about vasectomy, but at the same time, that whole process of becoming successful... 0.87

00:31:13.000 Like, if you can avoid the kid part, I'm telling you right now, bro, you'll be way further ahead. 1.00

00:31:17.000 Man, fuck those kids. 1.00

00:31:18.000 Yeah. 1.00

00:31:19.000 Honestly, y'all shouldn't be saying fuck those kids. 1.00

00:31:21.000 And yeah, I'll put you... 1.00

00:31:22.000 Yeah, it was Godfather, not Goodfellas.

00:31:23.000 My bad. 1.00

00:31:25.000 And then also, guys, don't do dumb shit with your money. 1.00

00:31:28.000 For example, some of you might own a home and have a home equity line of credit out and you're using it to pay for vacations and stupid shit. 0.99

00:31:33.000 If you're going to go and get a homemaker line of credit or anything else like that, because I've seen people do this, you need to use that money to invest. 0.99

00:31:33.000 No! 0.99

00:31:39.000 You don't use that money to pay for liabilities, guys, okay?

00:31:42.000 One of the dumbest things you can do, I see people do that all the time, they take a HELOC out to take a vacation or purchase things that they otherwise never would have been able to afford.

00:31:51.000 And yeah, those are just some big ones. 0.93

00:31:53.000 So real quick recap.

00:31:54.000 Ah!

00:31:55.000 We're talking about five ways to make yourself financially free.

00:31:58.000 We're on number one, which is avoid making major financial mistakes.

00:32:01.000 A couple of these mistakes that you guys commonly make are taking hard money loans or high interest, co-signing a property or a car for another individual that might not be as responsible as yourself, getting into trouble with the law, whether it's a DUI or some other criminal charge that's going to cost you thousands upon thousands of dollars to deal with, having kids at a young age before you're financially set and secure, 0.99

00:32:18.000 succumbing to societal pressure, doing that stupid shit, getting into credit card debt. 0.98

00:32:22.000 Another big one, guys, getting into huge credit card debt. 1.00

00:32:25.000 And purchasing things that you can't afford to impress people that you don't care about anyway.

00:32:28.000 Alright?

00:32:29.000 And then using a home equity line of credit or some other line of credit to go ahead and pay for things like a vacation or extravagant trips or whatever the hell it is that you otherwise couldn't afford. 1.00

00:32:38.000 Stop doing this shit, guys. 1.00

00:32:40.000 Stop doing it. 1.00

00:32:41.000 All these things will absolutely set you back years when it comes to your ability to create wealth.

00:32:47.000 Alright, next one.

00:32:48.000 Number four.

00:32:49.000 Number four on this countdown.

00:32:51.000 Well, it's just the second one we're talking about.

00:32:52.000 Yeah, we're going five to one.

00:32:56.000 So now, if you spent the time to not make mistakes, you should have some money in your savings to spend.

00:33:05.000 However, when you spend money, it has to make sense.

00:33:08.000 Is it worth the investment?

00:33:10.000 Is there an ROI involved with this?

00:33:12.000 Is it going to give me a benefit?

00:33:14.000 Most of you spend money for how you feel, for joy, for example, just to have fun, which I understand, but that should not be all of your spending in this case.

00:33:22.000 So, what should you invest in to make cash flow?

00:33:25.000 We cover it on the show all the time.

00:33:26.000 Number one, I'm going to say it's real estate.

00:33:28.000 Yeah.

00:33:31.000 I said it before, I met a guy in a Lamborghini.

00:33:34.000 He pulled up with this chick, blonde chick, I'll never forget. 1.00

00:33:36.000 I think it was a hurricane actually. 0.97

00:33:38.000 And I was like, damn, I never saw a Lamborghini in my life before, but this is dope. 0.96

00:33:42.000 Who is this guy? 0.98

00:33:43.000 And then I speak to him, you know, obviously this is a person.

00:33:46.000 I say, hey, but what do you do for a living?

00:33:48.000 He says, I do real estate.

00:33:49.000 I invest in real estate.

00:33:50.000 I took my money for my job, put it into that real estate, and I get cash flow.

00:33:53.000 I'm like, cash flow?

00:33:54.000 So I went online, on YouTube, looked it up.

00:33:56.000 I saw a bunch of videos, Grim Steffen, BiggerPockets, and I saw, okay, this is an avenue for me to make money on the go while I'm working my job, right?

00:34:04.000 So, real estate's number one.

00:34:06.000 And I would just say this all for it, but guys, I stayed up for a year and a half to buy my first property, and I worked overtime like a maniac.

00:34:12.000 Seven days a week, I worked overtime.

00:34:14.000 Actually, no, sorry.

00:34:15.000 Six days a week, because you can't work seven days in a row.

00:34:16.000 That's against the law.

00:34:17.000 Six days a week, I worked overtime.

00:34:19.000 I have my job every single day.

00:34:21.000 I work at 6am.

00:34:22.000 I work at like 12 midnight.

00:34:25.000 I did that for a year.

00:34:26.000 I saved the money for my first property.

00:34:27.000 Now, with that money, I'm getting the property.

00:34:30.000 I was living for free in a multifamily.

00:34:32.000 I was cash flowing a little bit of money.

00:34:34.000 I'm paying a mortgage.

00:34:35.000 Ultimately, that one investment I made for the property helped me make money at the same time.

00:34:40.000 Can you explain to them what cash flows real quick?

00:34:42.000 Yeah, so cash flow is basically a term, for example, making money, right, continually from an asset, which means you put money into this asset, and it's going to pay you continually for a period of time or forever from that one asset.

00:34:55.000 It's the money left over after you pay all your bills.

00:34:57.000 So basically, let's say his mortgage was $1,000, right?

00:34:57.000 Yeah.

00:35:01.000 All expenses, taxes, insurance, all that crap was $1,000, but he was making $1,200.

00:35:06.000 So he pays everything off and he has $200 left over.

00:35:09.000 That $200 is the cash flow that he gets from that property because all the bills are paid and then he's able to net profit some of it.

00:35:16.000 That's the cash flow, guys.

00:35:17.000 It's whatever's left over after all bills are handled.

00:35:19.000 So before I bought anything crazy, I bought the property first.

00:35:22.000 Now, I made a mistake I'm going to cover later on in these points here, but the main point is I got it down-packed.

00:35:29.000 Number two is going to be either stocks, dividends, or for example, any type of online investing.

00:35:35.000 So, I don't know if you want to use Webull or use Robinhood or whatever it may be.

00:35:39.000 Find one you can use that's a good interface that you're cool with and learn how to use it correctly.

00:35:45.000 And obviously speaking, find a mentor in that space that knows what to invest in or not to invest in because the biggest thing I see guys do is say, you know what?

00:35:52.000 I want to invest $1,000, $5,000.

00:35:54.000 Okay, cool.

00:35:55.000 I saw this tip online.

00:35:55.000 Where do I go?

00:35:57.000 I'll just do that and leave it there.

00:35:58.000 But you need to do research because, once again, there's so many things online you can invest in, but you need to know what you're getting to invest in all the way.

00:36:04.000 Because if you don't know what you're investing into long-term or short-term, you can lose money instantly or in the long run.

00:36:10.000 So my thing is, like, find a mentor in that space that knows what he's doing, learn from him, and then make a conscious choice to do it for yourself when you're ready.

00:36:17.000 And then number three I would say for investing is, invest in yourself, man.

00:36:21.000 I feel like most people, they worry about investing in other assets before they invest in themselves.

00:36:25.000 And I think personally speaking...

00:36:26.000 We'll talk about that in more detail.

00:36:27.000 I know.

00:36:27.000 I'm just going to...

00:36:28.000 Focus on yourself at the very beginning, guys, because your skills you learn yourself, for example, if you're good at e-commerce, you're good at marketing, you're good at sales, it's going to help you make a massive amount of money.

00:36:40.000 With that money, you can invest into assets, like I said earlier.

00:36:42.000 So that's my point there for number four.

00:36:44.000 Okay, yeah.

00:36:45.000 So number four, guys, like I said before, we're talking about investing assets that creates cash flow.

00:36:48.000 When it comes to creating cash flow, guys, the number one asset class here is real estate.

00:36:52.000 It doesn't even come close.

00:36:53.000 Every other asset class is far back.

00:36:56.000 The guy that's in second place is way behind real estate.

00:36:59.000 And there's four main reasons why real estate is the king when it comes to asset classes and investing, especially when it comes to creating cash flow.

00:37:05.000 Again, what is cash flow?

00:37:06.000 Cash flow is the money left over after you pay all the bills, okay?

00:37:10.000 So if you have a home, right, and it makes you, let's say, Well, let's say the bills are $1,200, right?

00:37:18.000 And you make $100 left over after the fact, that's $100 cash flow.

00:37:22.000 Or let's say it doesn't make any money and you break even, cool, you don't get any cash flow, but you live for free.

00:37:27.000 Or in another case, which is a bad real estate deal, it's negative cash flow.

00:37:31.000 Where you're paying $100 to manage it.

00:37:33.000 Which, in some cases, it could work out depending on the situation.

00:37:36.000 But the point I'm trying to make here, guys, is when it comes to creating cash flow, et cetera, real estate is the best asset class.

00:37:42.000 And there's four main reasons why it's the best asset class.

00:37:44.000 Number one, you can use debt to acquire it, okay?

00:37:48.000 What do I mean by using debt to acquire it?

00:37:50.000 Well, you can go ahead and buy a home while only putting down a fraction of the home's cost.

00:37:56.000 What do I mean by this?

00:37:57.000 Ah!

00:37:58.000 If I want to buy a home, right, and I want to live in it for a year, I could put up to 3.5% to 5% down of my own money to purchase the home.

00:38:05.000 So in other words, let's say the house is $100,000, easy math here, right?

00:38:07.000 All the homes are way more expensive than that.

00:38:09.000 But for easy math, you're putting down 3.5% to $5,000 plus closing costs.

00:38:13.000 So all in, guys, you're paying less than $10,000 to acquire an asset that's worth $100,000.

00:38:17.000 Why is this important?

00:38:18.000 Well, the reason why it's important, guys, is because you put a small fraction down, and then the bank gives you the rest of the money to purchase the home.

00:38:23.000 Let me tell you how important this is, okay?

00:38:25.000 Woo! 0.99

00:38:28.000 You can go to Bank of America and tell them, hey, Bank of America, I want $100,000 to invest in your stock.

00:38:37.000 You know what Bank of America is going to tell you?

00:38:38.000 Nope.

00:38:39.000 They won't even give you a loan to buy stock in their own bank.

00:38:43.000 However, if you go there and say, hey, Bank of America, I want to buy a real estate property.

00:38:48.000 I'm coming up with 5%.

00:38:50.000 Can you guys give me the other 95%?

00:38:51.000 They're going to say...

00:38:53.000 Sure.

00:38:53.000 If that doesn't show you guys the power of real estate, then I don't know what is.

00:38:59.000 Banks won't even give you money to buy stock in their own goddamn bank, but they will give you money to buy real estate. 0.99

00:39:06.000 That is the biggest telltale sign that real estate is the king of asset classes because banks will lend you money on it. 0.96

00:39:11.000 And let me tell you something about banks.

00:39:13.000 They don't lose.

00:39:14.000 We know who owns the banks, okay?

00:39:16.000 They don't lose, all right?

00:39:18.000 They know who they're lending money to.

00:39:20.000 They know how money really works.

00:39:22.000 And they understand that real estate is the best asset class.

00:39:24.000 It's always going to hold its value.

00:39:25.000 It's going to make value.

00:39:26.000 And you can always hold on to a sell it, whatever it may be.

00:39:29.000 If push comes to shove, you don't pay your bills. 0.98

00:39:31.000 They can kick you the fuck out of there, foreclose in the house, sell that thing on the market, and make a profit. 0.97

00:39:35.000 That's why they will lend you money on real estate, okay? 0.99

00:39:37.000 We're good to go.

00:40:00.000 What happened during the pandemic?

00:40:01.000 House prices skyrocketed, interest rates were down, and everyone is able to go ahead if they were smart and purchase a home.

00:40:08.000 If you bought a house in 2020, I guarantee you, especially if you're in a market like Florida or even New York or any of these expensive places, Texas, especially Austin, Texas, San Antonio, Dallas, Houston, etc., you'll probably experience a significant increase in appreciation where your house went up somewhere between $20,000 to $100,000.

00:40:28.000 I'll give you guys a little dirty secret.

00:40:29.000 Now, all the homes, remember, as you guys know, in 2021, I bought seven homes. 0.95

00:40:33.000 All the houses that I bought in Florida, guys, back in 2021, are up now over $100,000 fucking dollars. 0.94

00:40:41.000 Okay?

00:40:42.000 So what that means is, I purchased it for a certain price, and now the house is worth over $100,000 more.

00:40:48.000 So I have a good amount of what?

00:40:49.000 Equity.

00:40:50.000 Equity is your buy-in to the home.

00:40:50.000 What is equity?

00:40:52.000 Okay?

00:40:53.000 The money I put down versus how much it appreciated is my equity.

00:40:57.000 All right?

00:40:58.000 So you experience equity, or excuse me, you experience appreciation.

00:41:01.000 So we talked about you're able to acquire, you're able to use debt to acquire the asset.

00:41:05.000 Then once you have the asset in your control, it appreciates over time.

00:41:09.000 Now, what else is special about this?

00:41:11.000 You make money.

00:41:11.000 Fresh was talking about cash flow significantly.

00:41:15.000 So if you live in a home or if you put tenants in it, the house should make you some kind of cash flow.

00:41:19.000 Okay?

00:41:20.000 And that means after all bills are paid, you're making money after the fact.

00:41:24.000 Very important, guys.

00:41:26.000 And then the last thing here is tax benefits, which no one talks about.

00:41:29.000 Okay, guys?

00:41:30.000 The tax benefits are enormous.

00:41:32.000 And there's two main tax benefits from real estate.

00:41:34.000 There's one called depreciation, which you're able to depreciate the house over a 27 and a half year period.

00:41:40.000 And you're able to...

00:41:42.000 And then cost segregation.

00:41:43.000 We talk about this in more detail on other episodes of Real Estate, but I got a secret for y'all.

00:41:49.000 Steve is gonna come in on Monday, next Monday, and we're gonna talk about taxes, saving money, and we're gonna talk about this in way more detail for you guys and give y'all a refresher on S-Corps, LLCs, et cetera, next Monday.

00:42:00.000 So I'll wait until then to give you guys the details, but the point I'm trying to make here is you get enormous tax benefits with real estate, okay?

00:42:07.000 So the four main things about real estate, why it's the best asset class.

00:42:10.000 Number one, you're able to use debt to acquire it.

00:42:13.000 Once you use that debt to acquire it, you're able to enjoy appreciation of that property going up.

00:42:17.000 Real estate, guys, almost always goes up in value over time, okay?

00:42:21.000 Five to ten years, it's going to go up regardless of what happens.

00:42:24.000 Even if the market crashes, it's going to correct and it's going to come back up.

00:42:27.000 Next, it makes you money while you hold on to it, okay? 0.98

00:42:29.000 If you're not an idiot, you did your numbers correctly and used cash on cash returns, like I tell you guys all the time, the house is going to make you money. 0.82

00:42:34.000 Then, lastly, you're going to get tax benefits in the form of two things. 0.99

00:42:38.000 Either A, depreciation, or B, cost segregation.

00:42:41.000 To show you guys how powerful real estate is, I use this example all the time.

00:42:45.000 I'll tell you guys one more time for you guys that are new here.

00:42:47.000 When I was an agent in the government making about $120,000 per year, I paid about $40,000 in taxes.

00:42:52.000 Okay, guys?

00:42:53.000 They took almost... 0.98

00:42:54.000 One-third, one-fourth of my goddamn money, right? 0.99

00:42:54.000 What? 0.99

00:42:56.000 Because I was single, didn't have any kids, didn't have any assets, so they're gonna kill me.

00:43:00.000 I am the prime target, right, for taxes, for Uncle Sam, whenever you make a certain amount of money and you don't have assets to your name, you don't have children, right?

00:43:08.000 Now that I'm making like 10x that, right?

00:43:11.000 Doing this, an entrepreneur, and also being a real estate investor, especially the real estate investor, I paid about 36k in taxes last year for 2022, guys.

00:43:20.000 So I paid less taxes as a multimillionaire than I did as a working class citizen making 100k per year.

00:43:25.000 That's We're good to go.

00:43:32.000 We're good to go.

00:43:37.000 We're good to go.

00:43:41.000 We're good to go.

00:43:45.000 I made a bunch of money, yet I paid less taxes.

00:43:48.000 Why?

00:43:49.000 Because I own real estate.

00:43:50.000 Why does Trump not show his tax returns?

00:43:51.000 Because he has real estate.

00:43:52.000 Why does Robert Kiyosaki not pay taxes?

00:43:54.000 Why do guys that are real estate moguls not pay taxes?

00:43:57.000 Chris Krohn, all these guys, because they have real estate, guys.

00:44:00.000 It makes you money, it appreciates over time, and it cuts down your tax liability, which when you put that all together...

00:44:06.000 Are enormous returns!

00:44:08.000 And no single asset class comes even fucking close to this, man. 0.95

00:44:12.000 That's why I scream at y'all all the time. 0.79

00:44:13.000 If you're going to invest in one asset class, please get it to real estate.

00:44:17.000 You will thank yourself every single time.

00:44:19.000 Fresh bought a house that he could barely afford back in 2019, 2020.

00:44:23.000 That house has went up, what, $200,000, $300,000?

00:44:26.000 Yeah, it's funny.

00:44:27.000 I was going to make it $15 an hour back then.

00:44:29.000 So $15 an hour.

00:44:31.000 Now, he went house poor buying it, etc.

00:44:31.000 Back then.

00:44:33.000 But, do you regret buying that house?

00:44:36.000 Definitely not.

00:44:38.000 It's went up significantly and it's making him money.

00:44:39.000 And I will say as well, just to add to your point.

00:44:42.000 So, when you buy a house, guys, if you're smart about it, and I wasn't smart at the very beginning, I just wanted to get a house, you're going to have some money in reserves because things are going to go wrong with the property.

00:44:50.000 It's a house, guys.

00:44:51.000 Either roof repair, you know, maybe something, the bath or, you know, the tiling, whatever it may be.

00:44:57.000 Painting.

00:44:58.000 Things will go wrong with the property. 1.00

00:44:59.000 Tennis will fuck your shit up. 0.99

00:45:00.000 So to kind of, you know, combat that, you want to have money in reserves so that if things go wrong, you can fix it. 1.00

00:45:05.000 My dumbass didn't think about it because I wanted to have the property, but I didn't think about reserves because obviously things were wrong.

00:45:12.000 So I'm telling you guys you can make that, you know, correction. 0.97

00:45:15.000 Obviously have money for the down payment, the closing, the property, but have money for reserves just in case things go wrong.

00:45:21.000 So...

00:45:21.000 Yeah.

00:45:22.000 And I didn't mean to go on a rant there about real estate, guys, but that's the number one way to create wealth.

00:45:25.000 He's talking about it, man.

00:45:26.000 95% plus of millionaires make their money off real estate, right?

00:45:30.000 Then, remember how I said real estate's number one?

00:45:32.000 And then, yeah, we can kill all the other streams.

00:45:34.000 Yeah, come on, guys.

00:45:35.000 YouTube tonight, guys.

00:45:35.000 Come over to YouTube and also Rumble.

00:45:38.000 We got about 5,000 plus y'all over there on Rumble.

00:45:41.000 And we got over 5,000 of y'all over here on YouTube.

00:45:44.000 So I talked about real estate being number one.

00:45:46.000 The next asset classes, guys, that you can invest in as well that I think that you should be invested in are obviously the stock market, you know, whether it's individual stocks, the whole of the game.

00:45:54.000 I'm talking more along like index funds, okay?

00:45:57.000 Okay.

00:45:59.000 Cryptocurrency, precious metals, and then if you want, you know, a high interest savings account, which as you guys know, I talked to y'all about my Merrill Lynch stuff that I got going on with a preferred deposit.

00:46:09.000 You obviously need it.

00:46:10.000 You need 100K or whatever to invest.

00:46:10.000 It's a threshold.

00:46:11.000 But yo, you're getting a 4%, a 4.76% interest rate right now.

00:46:15.000 And the Fed is going to continue to raise interest rates.

00:46:17.000 So I want y'all to be guys in a position where no matter what happens with the market, you're able to profit.

00:46:22.000 For example, As y'all know, the interest rates are going up right now, so finding deals in the real estate market a little bit higher because a third-year fixed interest rate right now as an investor is somewhere between 7% and 8%.

00:46:31.000 It's hard to get cash flow with interest rates that high.

00:46:33.000 However, since I know the interest rates are going up, on this side of the coin, I'm investing and putting my money into a high-interest savings account that's going to benefit from the Fed increasing rates.

00:46:43.000 So I don't want y'all to ever be a victim of the market.

00:46:45.000 I want you guys to monopolize the market.

00:46:47.000 So no matter what happens, you have what I call...

00:46:51.000 A diversified portfolio where nothing can fuck you up.

00:46:54.000 If they raise interest rates, cool.

00:46:55.000 I have to slow down on the real estate investing.

00:46:58.000 However, I'm making money over here with my high interest savings account.

00:47:01.000 Or if crypto starts bumping up, bam, I got cryptocurrency over here.

00:47:04.000 But if cryptocurrency goes down, it's okay.

00:47:06.000 I got precious metals and I got real estate.

00:47:08.000 I want you guys to have every single asset class in your repertoire so no matter what happens in the market, You're going to be safe. 0.98

00:47:14.000 Don't be like these guys that have 50% of your goddamn wealth in cryptocurrency and next thing you know, Ethereum is down to $1,000 and you're thinking about jumping off a fucking balcony like people have done here in Miami. 1.00

00:47:23.000 Don't do that shit! 1.00

00:47:25.000 Be in all different asset classes. 1.00

00:47:27.000 Own a home here, own some cryptocurrency here, have some Ethereum, have some Bitcoin, have some precious metals, have some of your money put into a high-interest savings account.

00:47:35.000 They'll make money for you, so if the Fed increases the rates, you'll be fine.

00:47:38.000 I want you guys to be diversified so that no matter what happens, you're okay.

00:47:41.000 And then on top of that, Make sure you have six months to a year of cash money that you have access to, whether it's in a safe or it's in a bank account like a Bank of America or Chase or whatever it may be.

00:47:53.000 You need liquid money as well, guys, that you could deploy anytime.

00:47:55.000 God forbid an emergency happens.

00:47:57.000 Someone needs money.

00:47:57.000 You need to take care of somebody that you love.

00:47:59.000 You have that money that's there.

00:48:01.000 That's where you need to be.

00:48:02.000 Real estate, cryptocurrency, index funds, individual stocks, precious metals.

00:48:07.000 A high interest savings account if you can afford it.

00:48:09.000 And then on top of that, have six months to one year of money stashed away somewhere for emergency situations. 0.99

00:48:14.000 If you have all these things in place, I promise you, you're going to be in a position where people can't fuck with you. 0.99

00:48:20.000 You will become what I call unfuckwithable. 0.99

00:48:22.000 Then you will be able to do whatever you want to do.

00:48:24.000 Whether it's putting on a...

00:48:26.000 A certain mask.

00:48:27.000 Whatever it may be.

00:48:28.000 If you don't get canceled.

00:48:29.000 Yeah, if you don't get canceled. 1.00

00:48:30.000 I'm fucking around. 0.99

00:48:31.000 But the point is, I want y'all to have that same bravado and that same confidence in yourself that you can do what you want to do and people can't control you. 0.98

00:48:38.000 The point, guys, is I want you to control your finances so other people can't control you.

00:48:42.000 But when you don't have your finances in control, other people control you. 1.00

00:48:45.000 Fuck that shit. 1.00

00:48:46.000 We're about being independent and controlling your destiny and not having someone else control your destiny for you. 1.00

00:48:50.000 But if you don't control your finances, I promise you, someone else is going to control you.

00:48:53.000 And I forgot what it was.

00:48:55.000 W. I forgot one more hidden gem that I learned a couple years ago from my mentor.

00:49:01.000 It's insurance, guys.

00:49:03.000 The IUL, whole life policies, if you get the right one, you can put money into it.

00:49:08.000 And here's the benefit.

00:49:10.000 Death penalty.

00:49:10.000 Sorry, death penalty benefits, which means if you die before you wish a certain maturity amount on this policy, it can pay your family for years to come.

00:49:21.000 So, I would say look into IUL that works for you.

00:49:25.000 And guys, don't go in a club and spend money on a bottle.

00:49:27.000 Look at insurance policy that you actually can afford.

00:49:30.000 Get that monthly.

00:49:31.000 I'm telling you guys, if you die, or God forbid you die, or for example, you live for a long period of time and it matures, you get money from just putting money in debt.

00:49:38.000 It's also a savings account as well.

00:49:40.000 And as well, if you die, you get a penalty benefit.

00:49:42.000 So it works out.

00:49:43.000 They're saying death penalty in the chat.

00:49:45.000 Huh?

00:49:45.000 They're saying death penalty in the chat.

00:49:48.000 Death penalty?

00:49:49.000 Sorry. 0.95

00:49:49.000 Death benefit. 0.95

00:49:50.000 Death benefit. 0.79

00:49:51.000 There you go. 0.51

00:49:52.000 Yeah, yeah, yeah.

00:49:53.000 Don't worry.

00:49:54.000 All right.

00:49:54.000 Okay.

00:49:55.000 So that covered number four.

00:49:56.000 I know that was long-winded, but I wanted to let y'all know the importance of having cash flow assets.

00:50:00.000 Because remember, the other thing I want to tell y'all is that the other assets I mentioned, cryptocurrency, et cetera, that's not cash flow, guys.

00:50:06.000 That's just appreciation.

00:50:07.000 So you don't get the actual, you don't get the money unless you actually like, you know, withdraw it out, right? 0.99

00:50:12.000 And then you got to pay capital gains tax on that shit. 0.99

00:50:14.000 Yeah. 0.98

00:50:14.000 So the only asset class that's actually going to give you real cash flow that you can actually use is real estate, guys. 0.98

00:50:21.000 Everything else, you're just going to enjoy appreciation.

00:50:23.000 And I forgot one more thing.

00:50:24.000 If you borrow against your insurance life policy, you can actually get it either tax-free or with a very low interest rate, which is very powerful because let's say you want to buy a property, you can borrow against your actual life insurance policy if you do the right one, and you just have to get a property.

00:50:40.000 And we talked about this in more detail with Chris Krohn.

00:50:42.000 Yeah.

00:50:42.000 So go watch that episode that we did with Chris Krohn.

00:50:44.000 We're actually going to be...

00:50:45.000 Should we drop it?

00:50:47.000 Go ahead.

00:50:47.000 We're going to be in Salt Lake City, Utah, guys, more than likely in August.

00:50:50.000 We're going to be out there with Chris Krohn.

00:50:52.000 We're going to do a pod with him and go to his event.

00:50:54.000 So we'll be out there, man, out there with some of y'all Mormons. 0.67

00:50:59.000 Don't kill us.

00:51:00.000 All right? 0.99

00:51:01.000 There you go.

00:51:02.000 Just kidding. 1.00

00:51:02.000 I fuck with the Mormons, man. 1.00

00:51:03.000 They have multiple checks, too. 1.00

00:51:04.000 Shout out to y'all.

00:51:05.000 Shout out to y'all.

00:51:06.000 Go to some more checks.

00:51:07.000 Yeah.

00:51:08.000 Oh, yeah.

00:51:09.000 Before we get into three?

00:51:10.000 Yeah.

00:51:10.000 Okay.

00:51:11.000 We got here, Rashad Morris goes, guys, from this point forward, like I said, we're reading 20 and up, but every single child will be shown on screen.

00:51:18.000 This is my first live show.

00:51:19.000 You guys have taught me a lot.

00:51:20.000 Keep it up, gentlemen.

00:51:20.000 Shout out to you, bro.

00:51:21.000 We don't just talk to dumb bimbos all day. 1.00

00:51:23.000 Yeah. 0.99

00:51:24.000 We got here, boys, can I get some advice on becoming a better leader?

00:51:27.000 I have a business, the Wealthy Boys, that I own.

00:51:29.000 I'm 22.

00:51:30.000 I'm young and would appreciate any game y'all willing to get fresh.

00:51:32.000 Why your dog and my girl's DMs? 0.92

00:51:34.000 Yeah.

00:51:35.000 He's the player, bro.

00:51:36.000 He's the player.

00:51:37.000 To become a better leader, man, I would just have a vision you want for your team or your company.

00:51:42.000 And this means, for example, even my network.

00:51:44.000 My vision is to help everyone become better, add more value, and on some level, have success in your own right.

00:51:50.000 So that's my whole mission statement for the network.

00:51:53.000 And everyone's connected.

00:51:54.000 For example, if you need help with insurance, if you need help with a doctor, you need help with a lawyer, you need help with someone that's good at marketing, making videos.

00:52:01.000 Everyone's in there.

00:52:02.000 So, find out your mission statement for yourself and your company, and then make sure everyone in your company or group knows what that vision is.

00:52:09.000 And as a leader, you have to actually be the guy that's doing what you say.

00:52:12.000 So, that goes a long way.

00:52:14.000 That's what I would say.

00:52:14.000 Yeah, you have to lead by example, guys, because the problem with a lot of people is, like, they'll go ahead and they'll...

00:52:19.000 Say, oh yeah, I'm the boss or whatever.

00:52:20.000 You never want to be a boss.

00:52:21.000 You want to be the leader.

00:52:22.000 You want to be someone that other people respect, admire, and want to be like.

00:52:25.000 Therefore, they will take your advice more seriously.

00:52:27.000 So you have to lead by example, guys. 0.95

00:52:29.000 You don't want to just be a boss because then when you're a boss, people are like, I don't really fucking like this guy.

00:52:33.000 This is just a means to an end for a paycheck.

00:52:34.000 But when you're a leader, people actually want to work hard for you because they see you working alongside them.

00:52:39.000 As a leader, you're right next to them doing everything with them and telling them this is how we're going to do it versus just do this, you do that, blah, blah, blah. 0.99

00:52:45.000 And then you go back in your office and you don't do shit. 0.98

00:52:47.000 And a leader cares about his people more than himself. 0.99

00:52:50.000 Absolutely.

00:52:50.000 Just saying.

00:52:51.000 Reanimation.

00:52:52.000 I'm 28 and an electrical engineer.

00:52:54.000 So I listened to you guys in 2023 and I made it and made me get a new job making $145K a year.

00:52:59.000 FICO is now $724K. Shout out to you.

00:53:01.000 Good job.

00:53:02.000 Good stuff.

00:53:02.000 Y'all inspired me to save money for an investment property and move out of godless Los Angeles.

00:53:06.000 Yeah, bro.

00:53:07.000 Do it, bro.

00:53:08.000 Yeah, I've done a bunch of conversations with you guys from out there in California, bro.

00:53:12.000 Mike, Yeah.

00:53:14.000 Just get out of LA, guys.

00:53:15.000 I don't know why people still live there.

00:53:19.000 I hate LA, man.

00:53:20.000 Every time we go there, man.

00:53:21.000 I don't know if y'all know this.

00:53:22.000 Anytime we've ever went to LA, we're there for like two, three days and we get the hell out of there, man.

00:53:25.000 You'll be way happier, man.

00:53:26.000 Yeah, bro.

00:53:28.000 Colt R. There's way better major cities out there.

00:53:30.000 Yeah.

00:53:31.000 Oh, that nice picture.

00:53:32.000 First property got creative securing the deal.

00:53:34.000 30k raised to buy the home cash at 30k and use the equity to rehab the home.

00:53:39.000 Will cash that refire to pay investor on buying in cash is because no FHA loans work.

00:53:45.000 NOI, 500 a month.

00:53:46.000 Sell.

00:53:46.000 I profit 70k.

00:53:47.000 Should I hold?

00:53:51.000 That's a tough question, man.

00:53:52.000 I don't know what market you're in.

00:53:53.000 I don't know what appreciation is like.

00:53:54.000 We need more details, bro.

00:53:55.000 Yeah, we need more details.

00:53:57.000 But good job.

00:53:58.000 I mean, you were able to use creative financing and get the property.

00:54:00.000 Obviously, you always want to pay the investor back, which just seems like you took care of that.

00:54:03.000 So at this point, bro, it's really up to you, man.

00:54:06.000 If it's out of rehab, then it's ready to go. 0.99

00:54:08.000 Put tenants in that bitch, man, and hold on to it. 1.00

00:54:10.000 I think it's always better to hold on. 1.00

00:54:11.000 It's always better to buy and hold than to sell.

00:54:14.000 Can you make a little bit more money now because the market's up?

00:54:17.000 Yeah, you can.

00:54:17.000 But a lot of buyers might not want to buy because the interest rates are high.

00:54:20.000 I'll tell you guys, this is a buyer.

00:54:21.000 There's not that many good deals.

00:54:23.000 So it's harder to find because the interest rates are damn near 8%, especially if an investor is going to buy.

00:54:28.000 All right.

00:54:29.000 Nugget is burped.

00:54:30.000 What was that?

00:54:31.000 That was Chris, yeah.

00:54:31.000 Yeah, sorry.

00:54:32.000 New book idea, Why the IRS Deserves Less.

00:54:34.000 Oh, boy.

00:54:35.000 Man, make sure you do it legally, guys.

00:54:37.000 All the tax stuff that I told y'all about, I'm doing it legally, right?

00:54:40.000 But, you know, don't be taking shortcuts.

00:54:42.000 The next thing you know, end up like Wesley Snipes and you end up going to jail.

00:54:45.000 Next thing you know, them boys show up.

00:54:47.000 And it's the boys that you don't want to show up.

00:54:49.000 Chris, I'm surprised you bum is here early. 0.85

00:54:52.000 I have a song for you on Fresh, Mushmouth Talkin' Ass. 1.00

00:54:55.000 Eh, eh, um, Fuggy went, uh, c-c-c-corton, he did ride c-c-c-c-c-cramble.

00:55:02.000 I don't get it.

00:55:04.000 The old school cartoon. 1.00

00:55:08.000 Stupid. 1.00

00:55:13.000 It's exactly how you sound it. 1.00

00:55:14.000 I know what he's talking about.

00:55:15.000 Okay, you have anything you want to say back to him, guys?

00:55:18.000 Chris?

00:55:19.000 Like the video.

00:55:19.000 No, Frush, go ahead.

00:55:20.000 Like the video, support the show, Frush.

00:55:22.000 No?

00:55:23.000 Like the video.

00:55:24.000 1.8K. Chris got nothing to say back?

00:55:26.000 Not right now, man.

00:55:28.000 Can't support him, man.

00:55:29.000 No, until tonight.

00:55:30.000 Yeah, Chris always has something to say when it's to girls, though.

00:55:33.000 John, apologies for starting this victimhood chain reaction.

00:55:36.000 That question was in response to someone on your panel saying blacks were unsuccessful because of IQ. So, with common sense, I went to a time where they were not most successful as a collective.

00:55:46.000 I guess they're having a debate in the chat somewhere about that.

00:55:51.000 EJ Stamps, appreciate the help you guys do for all us young men.

00:55:54.000 Maren, what are some diet slash meal plans you stick to?

00:55:56.000 I've lost 26 pounds of y'all because of y'all trying to keep going.

00:56:00.000 P.S. What's the best side hustle right now?

00:56:01.000 I make $50.

00:56:02.000 I think it means 50k a year.

00:56:04.000 Okay, number one, diet to meal plans.

00:56:07.000 Make sure you have a high protein diet and count your calories, okay?

00:56:09.000 There is no meal plan that works.

00:56:11.000 The best meal plan is a meal plan that you can stick to and adhere to over the longest term.

00:56:14.000 Even if you have something that's optimal but you don't stick to it, it doesn't matter.

00:56:17.000 You need something that you're going to stick to.

00:56:18.000 That's number one.

00:56:19.000 High protein, count your calories.

00:56:20.000 That's going to save you and keep you out of a lot of headaches. 0.79

00:56:23.000 They try to over-complicate this fucking whole fitness thing, and it's very simple, which is why the fitness industry is dying. 0.60

00:56:28.000 Everyone knows about counting macros, counting calories. 0.98

00:56:30.000 Once you master that, you're good. 0.99

00:56:31.000 No one can tell you shit. 0.99

00:56:32.000 Make sure that you're in a calorie deficit. 0.98

00:56:33.000 Speaking of which, Mo, you want to give them a quick update on you losing weight real fast?

00:56:37.000 Because we didn't get to do it last time.

00:56:39.000 What you would call it?

00:56:42.000 106.

00:56:43.000 Yeah, I know.

00:56:45.000 Yeah, 106 pounds, 394.

00:56:51.000 394?

00:56:52.000 And what's your pant sizes down to?

00:56:53.000 I had just ordered right now, so it's going to be 16 pant sizes.

00:56:58.000 For those of those, I started at 64, and now I have 48 on the way.

00:57:04.000 It is on the world right now, so by the time next time, I'm going to be rocking to 48 pant sizes.

00:57:08.000 So, I didn't even know that was a pant size. 0.99

00:57:10.000 What the fuck? 0.99

00:57:11.000 Yeah. 1.00

00:57:12.000 Yeah, so you're about to be 48 pants.

00:57:16.000 Yeah, you start at 64.

00:57:18.000 You're down to 48.

00:57:19.000 Yes.

00:57:19.000 And you've lost a total of 106.

00:57:23.000 Yes.

00:57:23.000 Nice.

00:57:23.000 And on average, you're losing how many pounds per week?

00:57:27.000 Like about two pounds?

00:57:28.000 Between one to two.

00:57:29.000 Always one to three.

00:57:30.000 Most of the times it's two.

00:57:31.000 Okay.

00:57:31.000 And I know some of you guys, right, are criticizing, saying Mo's losing weight way too slow, etc.

00:57:35.000 Guys, there's a method to the madness. 0.80

00:57:37.000 The reason why we're doing that is because we don't want him to, number one, have a bunch of loose skin or have a bunch of sound like or to look like crap or have all this weird stretch marks, etc.

00:57:47.000 So we're doing the weight loss nice and slow.

00:57:49.000 Another reason, too, is that so he can sustain it.

00:57:51.000 Okay?

00:57:51.000 And keep in mind, guys, weight loss isn't the only main metric.

00:57:54.000 The other thing we're looking at is his pant sizes.

00:57:56.000 He's dropping off pant sizes and he's losing weight around his waist, which is what's most important.

00:58:00.000 All right?

00:58:00.000 And then the last thing here...

00:58:02.000 Even times when I've been plateauing, the amount of patent sizes was still going down the same rate.

00:58:06.000 Bam.

00:58:06.000 Okay.

00:58:07.000 And then the last thing here is what's the best side hustle right now?

00:58:11.000 Guys, there's so many.

00:58:12.000 There is no best side hustle.

00:58:13.000 It's the best side hustle that you can stick to and that you have the money to get into, right?

00:58:16.000 We talked about doing Amazon with KT Hustles.

00:58:19.000 Go watch that episode.

00:58:20.000 We talked about YouTube Automation.

00:58:22.000 With Dave last Monday.

00:58:25.000 Guys, and here's the thing.

00:58:26.000 We're going to keep bringing guests on like this that have certain disciplines and certain niches that you guys will be able to learn from make money.

00:58:32.000 And that's what it's about, man.

00:58:34.000 Get into whatever you're interested in.

00:58:35.000 You have the capital to get into and that you're going to stick to long term.

00:58:39.000 Yeah, your best friend is trial and error.

00:58:40.000 You gotta try it out, bro.

00:58:41.000 Yeah.

00:58:42.000 I can't tell you what's best because me and you are different.

00:58:44.000 Yeah.

00:58:44.000 I don't know what you like, what you're about.

00:58:46.000 Well, how much money you have.

00:58:47.000 Yeah.

00:58:47.000 You know what I mean?

00:58:47.000 That all matters.

00:58:48.000 Or your interests.

00:58:49.000 But the point is that I think the most important thing you need to understand is you have your main job and you need a side hustle, guys.

00:58:54.000 You need that side hustle.

00:58:55.000 You need to be making more money.

00:58:56.000 Something.

00:58:58.000 Have y'all heard of Benjamin Mendy, ex-soccer player who has been found not guilty of grape and attempted grape, just another man who had his career ruined due to false allegations of clown world?

00:59:05.000 Yes, I did hear about that.

00:59:06.000 I did hear about that.

00:59:07.000 And all that time spent away from the game, you know, all the accusations, all the hate.

00:59:13.000 Can he get it back?

00:59:13.000 No.

00:59:14.000 Yep. 1.00

00:59:16.000 Yeah, it's bullshit. 1.00

00:59:17.000 The girls should go to prison. 1.00

00:59:19.000 Abel Franco, fresh and modern.

00:59:20.000 I'm interested in becoming a sales rep.

00:59:23.000 Do you guys know where I can become one or get a mentor?

00:59:26.000 By the way, I'm inexperienced.

00:59:28.000 You know what's crazy about that question?

00:59:29.000 You can go to your local car dealership and start there.

00:59:32.000 It's simple.

00:59:33.000 And it's still sales, but it's cars.

00:59:36.000 But ultimately, because they hire anybody.

00:59:39.000 It's just selling cars.

00:59:40.000 So as a first start, if you're inexperienced, you can go right there. 0.99

00:59:44.000 Damn. 0.97

00:59:48.000 C. Duclosil goes, What's good, FNF Brothers? 0.99

00:59:50.000 People have asked to correct this.

00:59:53.000 What are your thoughts?

00:59:54.000 Question is, can...

00:59:55.000 Okay, I'm not going to read your questions verbatim, guys, because y'all have a lot of typos on it, but the question is, question, can you pay off a credit card debt with a business credit card?

01:00:04.000 Secondly, what are your thoughts on CD Bank investing?

01:00:06.000 Thank you.

01:00:07.000 Okay, can you pay off a credit card debt with another business credit card?

01:00:10.000 Most of the time, no.

01:00:11.000 Most credit cards will not let you pay another credit card off with that credit card.

01:00:15.000 However, you could do a balance transfer.

01:00:17.000 So that's probably your best move.

01:00:19.000 And a lot of times you'll be able to do that balance transfer penalty free.

01:00:22.000 So, as a matter of fact, they give you a lot of these credit cards when you open up with them.

01:00:26.000 That's one of their signup bonuses.

01:00:27.000 You go ahead and do a balance transfer.

01:00:28.000 And the reason why they do that is because, let's say, you have one credit card that the interest rate is killing you.

01:00:32.000 You can go ahead and move it over to a new credit card line that you just opened.

01:00:35.000 And that credit card, a lot of the times, if it's good, will say, no interest in the first 18 months.

01:00:39.000 Bam! 0.98

01:00:39.000 You're able to move that transfer, do the balance transfer, move that debt over, and not have to deal with interest so you can pay that money back down more aggressively without having to deal with them boys taking more money from you, if you know what I'm saying. 0.98

01:00:50.000 I don't know about that.

01:00:53.000 Yeah, I never did it myself, so I can't really give you advice on that, but I'll look into it.

01:00:57.000 I'm not familiar with that.

01:00:57.000 Yeah, I never did it myself.

01:00:59.000 Who is recommended for an insurance company or maybe an agent you guys trust?

01:01:03.000 There's so many.

01:01:04.000 Depends on what kind of shows you're trying to get, bro.

01:01:06.000 I'm not gonna lie, bro.

01:01:07.000 I used Transamerica back in the day, but it's just up to you, honestly.

01:01:11.000 I would just say look at the policy benefits and look at the actual company itself, how long they've been in business for, what do they stand for, and then from there...

01:01:19.000 The monthly payment, what you're covered for, but bro, that's such a broad term.

01:01:22.000 Home insurance, car insurance, what insurance are we talking about?

01:01:27.000 Abraham goes, I'm broke and starting a new business.

01:01:29.000 What do you think of social media marketing agency as a business model, basically running FB slash InstaAds to get other business customers?

01:01:36.000 What's your thoughts on that?

01:01:36.000 There's so many companies that I like there, bro.

01:01:39.000 I'm just saying you can join the pool, but You want to stand out in a different way if you can.

01:01:44.000 So if you do join that space, be unique.

01:01:47.000 But dude, that's a lot of people doing that, bro.

01:01:49.000 Just to be honest.

01:01:50.000 Shout out to our guy Andrew Tate, man.

01:01:52.000 I think the real world have my something on that.

01:01:54.000 So go ahead and jump in there in the real world, man.

01:01:57.000 Like I said earlier...

01:01:58.000 A lot of this digital business type stuff, they have stuff in there.

01:02:01.000 Dive into it.

01:02:01.000 Do your research.

01:02:02.000 Go to YouTube.

01:02:02.000 It's free education.

01:02:04.000 Learn about it.

01:02:05.000 And then decide for yourself.

01:02:08.000 Abraham.

01:02:08.000 I'm 38.

01:02:10.000 Got zeroed out last year.

01:02:11.000 Lost my job last year.

01:02:13.000 Now making $200K, working two jobs.

01:02:14.000 Good stuff.

01:02:15.000 Should I save for a house or try to do Airbnb arbitrage for more income streams?

01:02:20.000 Feel behind and need to catch up.

01:02:21.000 Advice.

01:02:24.000 Okay.

01:02:24.000 Yeah.

01:02:25.000 Dude, Airbnb is its own game and Airbnb, you can't scale to the same level as having solid tenants in there.

01:02:32.000 So I would say first, start off with a solid real estate portfolio where you own the properties, you're controlling it, you have traditional tenants in there that are giving you a consistent monthly ROI back on that, right?

01:02:43.000 Because you're getting the rent, you could predict the income.

01:02:45.000 But the problem with Airbnb is that it goes up and down depending on the markets, depending on where you're going to buy the Airbnb property.

01:02:50.000 So I would say...

01:02:52.000 Stabilize yourself first with getting a real real estate portfolio where you have long-term tenants in there.

01:02:57.000 Then if you want to go ahead and get a little frisky and go into the Airbnb game, you can do that.

01:03:02.000 But just keep in mind, Airbnb is going to have more ups and downs.

01:03:06.000 You're going to need more staff.

01:03:07.000 You're going to need someone in there that comes in and clean.

01:03:09.000 More than likely, you're going to need some bimbo to go in there and help you find people to... 1.00

01:03:13.000 To use your property.

01:03:15.000 You guys notice half these girls that come on the show. 0.97

01:03:17.000 I ain't doing Airbnb.

01:03:18.000 Nine out of ten times.

01:03:19.000 What that means is they don't have the Airbnb.

01:03:20.000 It's an investor that has the Airbnb and they're just there responsible for finding people to fill it for them.

01:03:25.000 So I'm a big fan of not getting headaches, especially early on in your investing career.

01:03:31.000 So I would say long-term tenants is the best move.

01:03:33.000 Then you can go ahead and move on to Airbnb down the road.

01:03:35.000 That's good.

01:03:36.000 All right. 0.97

01:03:36.000 And then here's the other thing to Airbnb that kind of sucks. 0.97

01:03:39.000 To get the best Airbnb properties where you can make the most money, You're going to have to buy nice properties that are kind of lavish, right?

01:03:46.000 And you buy a $2 million property, $3 million property, now you got to take a jumbo loan to get that property.

01:03:51.000 Yes, you could charge more in the Airbnbs, but your money is contingent upon you getting certain types of people to go in and rent that Airbnb.

01:03:58.000 And then let's say the market is down, we get another pandemic.

01:04:01.000 As soon as economic turmoil comes, what's the first thing people stop doing?

01:04:05.000 They stop taking vacations, they stop traveling, they stop Airbnb. 0.98

01:04:08.000 That's why so many people that had Airbnb during the pandemic went fucking down. 0.98

01:04:12.000 Yeah. 0.98

01:04:13.000 I say we're in uncertain times, man.

01:04:15.000 Just get consistent real estate that's going to give you a monthly predictable amount of money.

01:04:20.000 And then if you want to go ahead and you have some extra money, you're a little bit more risk averse because it seems to me like, sorry, you're more risk tolerant. 0.99

01:04:26.000 To me, it looks like you're risk averse because you went through some bullshit. 0.72

01:04:29.000 Then you can go ahead and do the Airbnbs once you become more risk tolerant from you having less risky investments in the first place. 0.98

01:04:35.000 Awesome.

01:04:36.000 I was going to say, also as well, think about seasons, because a lot of states have some seasons for A and B. Like Miami has certain times, for example, Art Basel is really high, but when it's like summertime, it's kind of low sometimes.

01:04:47.000 Like right now, it's actually the low.

01:04:48.000 It just depends on like what state you're in.

01:04:50.000 So that plays a lot into like making money.

01:04:52.000 So I would just say get like long term.

01:04:54.000 Yeah.

01:04:55.000 It's better.

01:04:55.000 To start off, bro.

01:04:56.000 To start off.

01:04:57.000 Eric Castillo?

01:04:58.000 I'm broke and starting a new business.

01:04:59.000 What do you think of social media marketing?

01:05:01.000 Eric Castillo goes, parents both have an 800 plus credit score for over 10 years.

01:05:06.000 Own a two bedroom townhouse that they can get from 180k.

01:05:09.000 It's completely paid off.

01:05:10.000 They currently live in another.

01:05:12.000 Should they sell it and buy more with the money or keep it?

01:05:15.000 Two bedroom townhouse that they get From 180k is completely paid off.

01:05:20.000 Should they sell it and buy more with the dollar or keep it?

01:05:23.000 I mean, they could buy a multi-family unit, but I mean...

01:05:28.000 We don't know how much they're going to make, though, from the property.

01:05:33.000 Yeah, the question is a bit segmented.

01:05:37.000 Are the tenants in there?

01:05:38.000 We don't know.

01:05:38.000 Yeah, like, we don't have enough facts to make the best decision, and we don't even know what market it's in.

01:05:43.000 In general...

01:05:45.000 It's typically better to keep the property,

01:06:08.000 guys.

01:06:09.000 Let's say you open up a 70% HELOC, home equity line of credit, like I said, you're going to be able to have $140,000 that you guys have access to at any time.

01:06:17.000 It's basically a credit card on the equity in the home that you guys have.

01:06:21.000 And then you can use that money to go purchase another house while simultaneously keeping that first house.

01:06:26.000 That's why I'm a big proponent of always controlling the property, not getting rid of it, hold it long term, and you can go ahead and just do a HELOC, use that money, go buy another house versus selling the house.

01:06:34.000 Then you got to pay capital gains tax on it, unless you're going to do a 1038 exchange.

01:06:38.000 But nah, man, do the HELOC, carry that equity, or sorry, get that equity out, buy another house if that's your goal.

01:06:44.000 Yeah.

01:06:45.000 And maintain the main thing.

01:06:46.000 That's good advice.

01:06:47.000 Abraham, I'm just starting as an entrepreneur.

01:06:55.000 How can I get the killer mindset you have and stay motivated even when I don't feel like it?

01:07:03.000 P.S. Is there such a thing as work-life balance?

01:07:07.000 Bro, that's one of the biggest myths I hear all the time.

01:07:10.000 Balance, bro!

01:07:11.000 You should not work so hard.

01:07:12.000 Why are you so obsessive?

01:07:13.000 Because, bro, you have to be.

01:07:15.000 All the people that are successful, bro, on some level, are obsessed with success.

01:07:18.000 And if they're not, they're lazy.

01:07:20.000 So I feel for the most part, you need that drive anyway.

01:07:22.000 But to get that drive and kill a mindset, bro, you have to want it as bad as you want to breathe.

01:07:26.000 Because either you're going to get it out of, like, causality means, for example, you're actually in a...

01:07:31.000 Benefit where, like, if you don't do it, you're going to either die or suffer, or it's to help somebody else, either a mother, your family.

01:07:38.000 So I would say, bro, like, honestly speaking, either create it yourself by creating that, like, environment where either you do or die, or do it for your family.

01:07:47.000 Well, I think the number one thing here is how can I get the killer mindset to stay motivated even when I don't feel like it?

01:07:53.000 That's the key.

01:07:54.000 It doesn't matter what you feel like.

01:07:56.000 That's literally the key right there. 1.00

01:07:58.000 Like, fuck your feelings, bro. 1.00

01:08:00.000 No one cares. 1.00

01:08:01.000 At the end of the day, the only person's feelings that matter are children and women. 1.00

01:08:05.000 No one gives a fuck about your feelings.

01:08:07.000 The only thing people care about are results. 1.00

01:08:09.000 If you're not successful, they're gonna look and they're gonna say, damn, this dude's a loser. 1.00

01:08:13.000 They don't give a fuck that you're sad. 1.00

01:08:14.000 They don't give a fuck that you're depressed. 0.99

01:08:15.000 They don't give a fuck that you're angry or you went through some turmoil in your life. 0.99

01:08:18.000 No one cares about your problems, especially if you're a grown man. 0.99

01:08:24.000 Understand that the world doesn't owe you understanding and it doesn't matter how you feel. 0.99

01:08:27.000 You need to get the shit done no matter how you feel.

01:08:30.000 You know how many times, guys, I don't feel like going to the gym but I go anyway? 0.99

01:08:32.000 There's times that I don't feel like doing a podcast, I do it anyway.

01:08:34.000 Or I'm tired and I don't want to do it.

01:08:36.000 It doesn't matter.

01:08:37.000 The difference between a man and a woman is you do what's required regardless of how you feel. 0.98

01:08:41.000 Okay? 0.99

01:08:42.000 So you just gotta get the pussiness outside of your head and realize that no one gives a fuck about your excuses. 0.99

01:08:47.000 They only care about results. 0.98

01:08:48.000 And how you feel doesn't matter because how you feel is a temporary feeling.

01:08:52.000 However, success...

01:08:53.000 It's forever.

01:08:54.000 Yeah.

01:08:55.000 You need a reason why you're doing it.

01:08:56.000 Figure out your why.

01:08:57.000 Why are you going to do XYZ? Why do you want to be successful?

01:09:00.000 If they're strong enough, then you'll do it.

01:09:02.000 If not, then...

01:09:03.000 And there's no such thing as a work-life balance when you're an entrepreneur, bro.

01:09:05.000 Yeah, bro.

01:09:06.000 There's no such thing.

01:09:07.000 If you want a work-life balance, work a regular job.

01:09:09.000 We have given up so much of our lives, guys, to be here every single week.

01:09:12.000 Dude, I don't know any other YouTuber this dedicated, this many shows, this many episodes, this many podcasts.

01:09:18.000 We give you six podcasts bare minimum a week.

01:09:19.000 Bro, we don't take vacations.

01:09:21.000 Yeah, we don't.

01:09:22.000 We don't.

01:09:22.000 Because even if we do go somewhere else, we're filming.

01:09:24.000 We're filming content.

01:09:25.000 When we're in Dubai, we're filming content.

01:09:26.000 We're going to Columbia, we're going to film content.

01:09:28.000 So we're not going there like, oh yeah, let's go have a good time, vacation.

01:09:32.000 No, we're working, man.

01:09:33.000 We're networking, we're meeting people, etc.

01:09:34.000 So, you know, I mean, and you guys have seen people try to copy us and they can't really do it.

01:09:39.000 You know, whether it's, you know, bring girls on the panel, talking about stuff that we're talking about, trying to be as consistent, live streaming it, etc.

01:09:45.000 It's a lot of work that goes into it, man.

01:09:47.000 But we're going to keep giving you all the sauce because...

01:09:48.000 On camera and off camera.

01:09:49.000 Yeah.

01:09:50.000 That you don't see.

01:09:51.000 Facts. 0.95

01:09:51.000 So we're going to keep giving you guys the value, whether it's us debating annoying ass girls or us giving you value on how to make money and not be a bum, etc. 0.95

01:09:58.000 We're going to keep being the best men's podcast in the world.

01:10:01.000 I truly do believe that.

01:10:02.000 And yo, rent is due every single day.

01:10:04.000 There's times when we at first don't feel like being here, but we understand that we need to be here regardless of how we feel because y'all need us.

01:10:11.000 Okay?

01:10:11.000 And to be honest, we can stop today.

01:10:12.000 Matter of Let's say I didn't feel like doing it today.

01:10:15.000 And you weren't able to ask this question.

01:10:16.000 You weren't able to get this rant from me right now.

01:10:18.000 You wouldn't be getting the benefit. 1.00

01:10:19.000 You'd go ahead and you'd be a lazy fucker and be like, I don't feel like doing it. 1.00

01:10:23.000 And you'd fucking cry and then be a reclusive little bitch and sit in your bed and curled up in a ball in a fetal position like, I don't feel like doing it. 1.00

01:10:31.000 But, since I decided, I don't give a fuck how I feel, I'm gonna come to work anyway, I'm here telling you, it's not giving a fuck how you feel. 1.00

01:10:37.000 Alright? 0.99

01:10:37.000 So, success is contagious, my friend. 0.99

01:10:39.000 Stop being a bitch. 1.00

01:10:40.000 For all you guys out there, because I know a lot of y'all are like, man, I don't feel like doing it today, or I don't feel like doing this today. 1.00

01:10:44.000 Some of y'all right now watching this shit with your girl, maybe, being all comfortable, like, I didn't go to the gym today, I don't know if I want to do it. 1.00

01:10:49.000 Go to the gym, bitch! 1.00

01:10:51.000 Go! 1.00

01:10:51.000 Make more money! 1.00

01:10:52.000 Stop being a fucking bum! 1.00

01:10:54.000 Alright? 1.00

01:10:54.000 Yeah, today was leg day. 1.00

01:10:56.000 I went to the gym.

01:10:57.000 I didn't want to go, but...

01:10:58.000 You gotta do it!

01:10:59.000 It doesn't matter how you feel.

01:11:00.000 You gotta do what's required.

01:11:02.000 Period.

01:11:04.000 Alright?

01:11:04.000 You gotta do it.

01:11:05.000 Trust me.

01:11:06.000 You ain't gonna get invited on no yacht. 0.98

01:11:07.000 You're not gonna get invited to go to Salt Bay or fucking Poppy Steak with some rich millionaire. 0.99

01:11:13.000 You ain't gonna get that! 0.98

01:11:14.000 I will, but I'm different. 0.95

01:11:16.000 Well, that was gay. 1.00

01:11:17.000 Pause, nigga. 1.00

01:11:19.000 You know? 0.90

01:11:20.000 Might work towards it, though.

01:11:20.000 Yeah.

01:11:21.000 So you're not going to get saved, bro.

01:11:23.000 Only hoes get saved. 1.00

01:11:24.000 Niggas don't get saved. 1.00

01:11:25.000 So you got to save yourself.

01:11:27.000 Dark Obispo goes, got three jobs, three properties, three kids, 500K a year, secret, no three wives.

01:11:32.000 Bam, there you go.

01:11:34.000 That's funny.

01:11:35.000 Fresh, you better be careful.

01:11:36.000 Big Mo is going to become Fit Mo, and he's going to take your girls.

01:11:38.000 Yes, sir.

01:11:38.000 Go get him, Mo.

01:11:39.000 He can have him, bro.

01:11:40.000 Yes, sir!

01:11:40.000 I'm tired.

01:11:41.000 Big PP for you, this guy.

01:11:43.000 Just want to say thanks, Myron, for your crazy rants.

01:11:45.000 I lost 30 pounds I got with ATM together to start my own ATM LLC. Cool.

01:11:49.000 Awesome, man.

01:11:50.000 There's many ways to make money on the side.

01:11:52.000 Fahad Abdi goes, question for Myron.

01:11:54.000 I'm from the UK. Which US-based bank slash lenders would lend to the international investors like me?

01:11:59.000 I really want to invest in US real estate from the UK. Is that even possible?

01:12:03.000 Yes, it is possible, but you need to get...

01:12:06.000 I think you need an investor's visa, man, to do it.

01:12:09.000 So look into that.

01:12:11.000 Because I know in the UK that you guys have really...

01:12:14.000 I remember when I did the Strike It Big interview.

01:12:17.000 They're from England and they were telling me how it's really tough to invest in the UK. I know Australia is really tough about that as well.

01:12:22.000 The taxes are really high and all this other shit. 0.98

01:12:25.000 So look into what's required. 0.90

01:12:27.000 I think you might need an investor visa, bro, to invest in the United States...

01:12:31.000 Real estate, but I could be wrong about that.

01:12:34.000 Marks goes, What's up FNF? Have near six figs saved up in my 401 slash 457.

01:12:39.000 I like to use it as a down payment on first property like what Wyron did.

01:12:42.000 How should I go about doing so?

01:12:44.000 Thanks.

01:12:46.000 I think he means 401k.

01:12:47.000 401k.

01:12:49.000 Well, number one, man, put as little down as possible that you can get away with.

01:12:53.000 If that means you're moving into the property and you're getting an FHA loan, go ahead.

01:12:57.000 Or let's say you are a veteran.

01:12:59.000 You can use a VA loan, put no money down, and use as little of your 401k as possible to just control the property.

01:13:08.000 Once you control the property, you're in good hands, my friend.

01:13:10.000 Right.

01:13:10.000 All right?

01:13:11.000 You want to go back to the points?

01:13:13.000 Yeah, yeah, yeah.

01:13:13.000 So, yeah, now we're at number...

01:13:15.000 Okay, so we're midway through here, guys, okay?

01:13:15.000 Number three.

01:13:17.000 So, remember, guys, these are five points to become financially free.

01:13:21.000 Number three is going to be become debt-free.

01:13:24.000 So...

01:13:25.000 For the most part, guys, a lot of us, like I said earlier, we spend money in dumb ways to get fun, benefits, impress girls, yada yada.

01:13:33.000 We get it.

01:13:34.000 And when we say debt, because I know what they're going to say.

01:13:36.000 You guys are talking about real estate debt.

01:13:38.000 Personal debt, guys, not business.

01:13:40.000 Very good for that, bro.

01:13:43.000 Not consumer debt.

01:13:44.000 Personal debt, which means personal loans, personal credit cards, you know, shopping cards like Macy's, things like that.

01:13:52.000 Consumer debt.

01:13:53.000 So...

01:13:54.000 This is a little bit of a story for me back in time when I first came to America.

01:13:58.000 Thank you, Chris.

01:14:00.000 Story time.

01:14:01.000 So back then, I was at Perma Pines, driving to Boca every day to work at AT&T, come back to Perma Pines, and I would go to the gym sometimes.

01:14:09.000 I would go eat with friends in that Pines area.

01:14:13.000 But what I would see is every time I go to the mall, these guys were buying clothes from Macy's, buying all these designer stuff, and I'm like...

01:14:21.000 Why are these guys buying all this stuff?

01:14:23.000 How are they buying it?

01:14:24.000 They work a job like me, making $7 an hour.

01:14:27.000 But it was because they're using store credit cards.

01:14:29.000 And they'll buy all the gear, and they'll be decked out, go to parties, pick up girls, whatever.

01:14:36.000 But when it came time to actually do something with their money, for example, invest in themselves, they couldn't because the money was being spent and used to pay back debt.

01:14:45.000 Which is bad debt, because obviously they can close our bad investment.

01:14:48.000 So, These small things that add up over time, and I know some friends as well, they will actually go on trips.

01:14:56.000 They'll go to Dubai, they'll go to Hawaii, spend $1,000.

01:14:59.000 I'm like, bro, what are you doing?

01:15:00.000 You don't have no money saved up.

01:15:02.000 And then what happens is, let's say a big opportunity came up, maybe for a property or for investment, maybe like stocks or crypto.

01:15:10.000 They couldn't do it because the money was spent elsewhere.

01:15:13.000 The point of the guy is like, If you want to be free, you have to be debt free.

01:15:16.000 Because if you're not free, you're a debt slave, which means you're a slave to debt.

01:15:22.000 And the Bible talks about the bar being lended to the slave.

01:15:26.000 So it means that, for example, if you're going to borrow money, you should be able to pay it back right away or have the money already saved so when you borrow that money, you could pay it back within that month.

01:15:36.000 And credit cards especially.

01:15:37.000 Guys, if you're young, especially, if your credit card by some chance or your parents gave it to you, if you use it the wrong way, it can mess you up because once again, you buy a couple items, you don't pay it back, you get a balance, you know, it affects your credit. 0.92

01:15:51.000 And before you know it, damn, I got a 300 credit score. 0.61

01:15:54.000 I don't know why. 0.98

01:15:55.000 Well, my friend, early on in your life, you bought a bunch of stuff you didn't need and you never paid it back.

01:16:00.000 So I'll have to say that, like, for the most part, guys, if you're going to be on this financial freedom path, debt has to be off the table.

01:16:07.000 Because if it's bad debt, for example, of credit cards, maybe store cards, maybe going on trips that you can't afford, or even buying dumb stuff, it's going to affect your future.

01:16:16.000 And for the most part, guys out here nowadays, they spend money on cars.

01:16:19.000 And I'm like, I get it.

01:16:21.000 The car thing, once again, I love cars as well.

01:16:23.000 But you have to do it the right way, because if you do it the wrong way, it can mess you up.

01:16:26.000 So...

01:16:27.000 Yeah.

01:16:27.000 Credit is important.

01:16:29.000 Guys, consumer debt, you got to work to really get rid of it.

01:16:29.000 Yeah.

01:16:32.000 I can even live with college loan debts because at least there you can pay an amount.

01:16:36.000 You'll never get rid of college loan debt.

01:16:37.000 By the way, you can't even declare bankruptcy for that stuff.

01:16:40.000 But we're talking about consumer debt specifically, credit cards, et cetera, because that's...

01:16:45.000 Absolutely going to negatively impact your credit score.

01:16:48.000 And when your credit score is negatively impacted, that's going to affect your ability to procure assets and get yourself in a position to get a business credit card.

01:16:56.000 It's going to hurt you down the road.

01:16:57.000 So for all the young boys that are watching this right now that are 18 years old or above, besides joining the selective service so that you don't go to prison or get a fine, make sure that you go ahead and open up a credit card.

01:17:08.000 Guys, at 18 years old, you need to open up a credit card. 0.96

01:17:09.000 If you guys are out here still paying for shit, cash, or the debit card, you, my friend, are... 1.00

01:17:15.000 Stupid. 1.00

01:17:16.000 I've said this before. 1.00

01:17:17.000 You should never be paying with cash.

01:17:17.000 I'll say it again.

01:17:18.000 You should never be using personal debit cards.

01:17:20.000 Now, with that said, that's a double-edged sword that can mess you up.

01:17:20.000 You need to be using credit cards.

01:17:23.000 You use the credit card so you can go ahead and get your credit, number one, get a credit profile, and then number two, get your credit score up.

01:17:28.000 But you also want to be doing that delicate dance where you're not necessarily decreasing your credit score by buying a bunch of things, having your utilization up too much, etc., which we break this all down in our credit card episode for beginners.

01:17:39.000 So please go back and refer to that if you guys want more detail on that.

01:17:41.000 But in general, Avoid consumer debt, guys.

01:17:45.000 Absolutely avoid it.

01:17:46.000 It will lower your credit score significantly and impede your ability to procure assets, namely real estate.

01:17:51.000 Because when you want to buy real estate and you want to get a loan, like I told you all before, first thing they're going to do is run your credit.

01:17:56.000 And if your credit sucks, you're either not going to get approved or even worse, they're going to give you a really high interest rate that you won't necessarily be able to afford.

01:18:02.000 So for you to get the best rates so that you can go ahead and get a house that makes sense, you need to have Your credit score on point, guys.

01:18:09.000 We tell you all the time you want to have at least a 720, if not above, that's going to put you in the best position to get approved for the credit cards to actually give you rewards back and you'll be able to get a mortgage with a favorable or competitive interest rate and so many other things.

01:18:23.000 A car, you want to finance a car, whatever it may be, you want to open up business credit cards because contrary to popular belief, people say, oh, business credit cards don't count towards your personal credit. 0.74

01:18:31.000 That is true, but you need your personal credit to get the business card in the fucking first place! 0.99

01:18:35.000 God damn it! 0.99

01:18:37.000 Don't forget that. 1.00

01:18:38.000 People keep forgetting that shit that you need a personal credit in the first place to go ahead and get the business credit card. 0.97

01:18:43.000 So get the business credit card through having good credit first, guys. 0.98

01:18:45.000 All right?

01:18:47.000 So yeah, man.

01:18:48.000 And then that's not to be confused, guys, with good debt, which is real estate debt.

01:18:51.000 And real estate debt, the reason why real estate debt is good debt is because typically if you did everything that we told you guys and you looked at cash or cash returns and you're buying a property that's cash flowing, which means what?

01:18:59.000 All the bills are paid after the fact and you're able to make a little bit of money.

01:19:02.000 It doesn't matter that you have a million dollars in debt on a real estate property because what's happening is the house is paying for itself and you're making money in the process and you're getting all the other benefits I talked about before with taxes etc.

01:19:14.000 Consumer debt is what you need to limit and or eliminate.

01:19:17.000 But if you're going to have real estate debt, that is what you call good debt.

01:19:21.000 Robert Kiyosaki came in here, guys, and told y'all, go watch that episode back.

01:19:24.000 He said he's like a billion dollars in debt, and he's probably a billionaire himself.

01:19:28.000 Because he has a bunch of real estate debt.

01:19:28.000 Why?

01:19:31.000 He used money from the banks, right, with interests, other people's money, OPM. You know, you Fucking Naughty by Nature type shit. 1.00

01:19:38.000 You know, you down with OPP? I need y'all to sing. 1.00

01:19:40.000 Yeah, you know me.

01:19:41.000 I need y'all to have that with the real estate mantra.

01:19:43.000 You know, you down with OPM? Yeah, you know me.

01:19:46.000 Yeah, OPM. Other people's fucking money. 1.00

01:19:47.000 The banks. 1.00

01:19:48.000 Okay?

01:19:48.000 They want to lend you money.

01:19:50.000 I told you before, if you try to buy stock, buy their own stock with the bank, they're going to give it to you.

01:19:54.000 But if you say they're going to buy real estate, next thing you know, the boys start rubbing their hands like this and they'll give you that money.

01:19:58.000 Because they know they can make interest on it.

01:19:58.000 Why?

01:20:00.000 But who gives a fuck? 0.97

01:20:01.000 Because you're not paying the interest. 0.98

01:20:02.000 You're not paying the debt. 1.00

01:20:03.000 Your tenant's paying the goddamn debt. 0.99

01:20:04.000 And that is how you create wealth in the United States of America. 1.00

01:20:07.000 Yeah!

01:20:08.000 And also, you're not paying it back either as well.

01:20:12.000 So they can take it from you.

01:20:12.000 Yeah.

01:20:13.000 Bro!

01:20:14.000 Come on, man!

01:20:15.000 Come on! 0.61

01:20:16.000 What we're teaching you guys is life advice that they will never teach you in school. 1.00

01:20:19.000 This is shit that your parents are never going to teach you. 1.00

01:20:21.000 This is shit that will literally save your life and get you out of the slave mind. 1.00

01:20:25.000 It will get you out of the fucking matrix. 1.00

01:20:27.000 And you know what's crazy, too? 0.99

01:20:28.000 Most people, they go through life and they're like, you know what? 0.98

01:20:30.000 Damn, I messed up. 0.88

01:20:31.000 But if you actually... 0.99

01:20:32.000 Took a step back and said, you know what?

01:20:34.000 Where did I mess up? 0.97

01:20:35.000 You bought a bunch of stuff that you didn't need, waste some money, buying dumb stuff for credit.

01:20:39.000 And oh, why is it so low? 0.74

01:20:40.000 Because everything you did in the past led up to these mistakes.

01:20:42.000 So guys, now you know, moving forward, if your kids are for yourself, don't make these mistakes.

01:20:47.000 Yeah.

01:20:48.000 Alright, so now we're on number two.

01:20:50.000 Number two.

01:20:51.000 Alright, number two.

01:20:53.000 Number two is going to be investing in yourself.

01:20:56.000 Alright guys, so for the most part, once again...

01:21:00.000 Financial freedom.

01:21:00.000 What does that mean?

01:21:02.000 It means you are on a path to be financially free, which means money's coming in.

01:21:07.000 You can do what you want with your money and life, your lifestyle.

01:21:11.000 But if you are not actually free yourself, then you can't Enjoy this path because you being free means you actually have the benefit of having the skill or having the know-of-all to make money to get that lifestyle.

01:21:28.000 So how do you get this lifestyle?

01:21:29.000 How do you become the best version of yourself?

01:21:31.000 How do you become successful in your own right?

01:21:33.000 And it's basically investing in yourself, which means you're actually going to either read books, get courses, find a mentor, or even as simple as gain experience in the field to learn a skill to make money.

01:21:46.000 It's all around making money, but each person has a level and a cap.

01:21:51.000 So let's say Tom, for example, and Harry.

01:21:55.000 Tom is 21 years old, right?

01:21:58.000 But he spends most of his time learning on YouTube about real estate.

01:22:02.000 He's going to real estate events, going to networking events.

01:22:05.000 He's focused on real estate and becoming successful, learning how to invest, how to make money, things like that.

01:22:10.000 Jack over here, same age, same, you know, free time, but he's playing basketball, you know, he's going out with friends, partying.

01:22:18.000 They're both young guys with the same amount of free time, but one person working on their skills and becoming better, one person isn't.

01:22:23.000 Which means when opportunity comes around for these both two guys, what's going to happen is Tom here is going to have the chance and the skill because he's putting the time and effort into learning these skills himself.

01:22:34.000 I still have that to say that in this game of investing in yourself, you need to have either a mentor or someone or even yourself.

01:22:42.000 I mean, you could do it yourself, but to me, personally speaking, I need a mentor because I don't know everything.

01:22:46.000 I want to get a learning curve because, once again, the learning curve is very tough.

01:22:49.000 And I think if I get a mentor in that space that knows what he's doing, I can bypass all the mistakes I would make myself and get further ahead.

01:22:57.000 So I would say, number one, get a mentor in your space.

01:23:00.000 Whether it's stocks, real estate, crypto, you know, e-commerce, KTL sales as well.

01:23:05.000 Whatever it is, get a mentor in that space.

01:23:07.000 And then two, spend the money you would have spent on dumb stuff anyway onto yourself. 0.99

01:23:12.000 So going to Club Pop and Bottles, that thousand dollars you would have spent on, you know, some bottles for one night, some dumb whores, put into yourself, either with a course or learning a skill. 1.00

01:23:22.000 And then take those skills and apply it once you learn the skills in real time, in real life. 0.97

01:23:28.000 You're going to see the fruits of your labor because I'm saying this right now, guys. 0.89

01:23:31.000 The money you spend dumb or you spend in the wrong way is opportunity cost.

01:23:36.000 And I'm telling you right now, if you don't say now, you're going to feel later on because the opportunity cost has a heavy burden. 0.79

01:23:41.000 And then last thing I would say, so number one is going to be finding a mentor.

01:23:46.000 Two is investing in courses or skill in yourself.

01:23:49.000 And number three is going to be pretty much Use your time correctly.

01:23:52.000 Because we all have 24 hours in a day.

01:23:54.000 But if you're going to use time in any sense or any fashion, you want to use it in the right way, which means you're going to put work first, of course.

01:24:02.000 Put yourself in there for fitness as well.

01:24:04.000 Go to the gym when you can.

01:24:06.000 And then lastly, recreational use and fun after.

01:24:10.000 So work is going to be first.

01:24:12.000 Sorry, work and fitness is going to be like tie and tie.

01:24:15.000 So whichever comes first for you.

01:24:16.000 I like working on it in the morning because it's easier.

01:24:18.000 But it's mainly going to be work and fitness.

01:24:21.000 And then when it's all done, if you've got side business, that too as well.

01:24:25.000 And then lastly, having fun after the fact.

01:24:27.000 So that's going to be very important to your success.

01:24:30.000 So, yeah.

01:24:31.000 So, first talked about getting a mentor, investing in yourself, etc.

01:24:33.000 You know what I'll do?

01:24:34.000 Because we've talked about this ad nauseum, right?

01:24:36.000 I've told you guys a million times that you need to get a mentor if you even want to start a side hustle or whatever because that's going to cut your learning curve down significantly.

01:24:43.000 So, let's go ahead and talk about how to go about this, okay?

01:24:45.000 Versus telling you, get a mentor and then just moving on.

01:24:47.000 No, we got you all over here.

01:24:49.000 I'm going to tell you exactly how to do this.

01:24:51.000 So number one, you're going to have a real job and or career.

01:24:56.000 Step one, okay?

01:24:57.000 I don't care if it's cleaning toilets, all the way to some executive position, all right?

01:25:01.000 You're going to have some type of job, whether it's skilled or not, whether you have a degree or not, that's going to pay you money so that you can go ahead and pay the bills, okay?

01:25:09.000 And what you're going to do is you're going to work that job.

01:25:12.000 You're going to take that earned income because we all have to go ahead and trade time for money at some point.

01:25:15.000 You're going to go ahead and take that job.

01:25:17.000 With that job, you're going to make some money.

01:25:19.000 You're going to do your best to live way below your means.

01:25:23.000 You're going to be a minimalist.

01:25:24.000 I need you to be like me. 1.00

01:25:25.000 Wear your fucking same clothes all the time. 1.00

01:25:27.000 Have... 0.99

01:25:28.000 You know, nothing too fancy, and basically save 90% of your money, right?

01:25:33.000 Save as much of your expendable income, keyword, after your bills are paid, the expendable income that you have left over, you save that, okay?

01:25:40.000 You're going to save that money, and as you work this job and you save that money, you're going to also do independent research on a side hustle.

01:25:48.000 You understand, okay?

01:25:49.000 So you're going to be working your job during the day.

01:25:52.000 Then you're going to be saving money.

01:25:53.000 Then at night, you're going to be on the internet researching side hustles.

01:25:56.000 Whether it's YouTube automation, it's Amazon, it's dropshipping, it's content creation, it's being a manager on social media.

01:26:05.000 Whatever the hell you want to do, you are researching it actively.

01:26:08.000 You understand? 1.00

01:26:09.000 Keyword actively, motherfuckers, while you're working this regular job. 1.00

01:26:13.000 Now, once you figure out... 0.99

01:26:16.000 What you want to do, let's say, for example, it's like, I want to do YouTube automation.

01:26:19.000 This seems pretty cool.

01:26:20.000 I want to do this, right?

01:26:22.000 You go ahead and you find a mentor, right, that does that.

01:26:25.000 Whether it's you saw the episode with Dave or you find someone else because there's a bunch of people that do YouTube automation.

01:26:30.000 You're going to go ahead and list out every single person that teaches this stuff from a scale of 1 to 10.

01:26:36.000 And you're going to go ahead and do maybe a free consultation, maybe join one of their free masterminds, etc.

01:26:43.000 Because a lot of the times they have free workshops, right?

01:26:45.000 Right?

01:26:46.000 I'm giving y'all so much sauce right now.

01:26:48.000 With these internet marketers, they have free workshops 9 out of 10 times, which is typically an upsell.

01:26:52.000 Go ahead and join into those free workshops and figure out what they're actually offering and what they're willing to teach.

01:26:57.000 Okay?

01:26:58.000 Then I want you to compare prices and see who's the best, what's the best ROI, bang for your buck, who offers the most value, look at reviews, research the hell out of that person.

01:27:08.000 Okay?

01:27:08.000 Trust but verify.

01:27:09.000 All right?

01:27:10.000 Once you have your eyes set on a potential mentor, you have the money saved up, you're still working your job over here, now it's time to actually pull the trigger, right?

01:27:20.000 And jump into that course.

01:27:22.000 Now, it's very important that you understand that once you spend the money, you need to spend time and you need to pay attention.

01:27:29.000 That's why I tell you all the time, pay for a mentor.

01:27:31.000 Because when you pay money, you start to pay attention, alright?

01:27:31.000 Why?

01:27:35.000 Once you do that, take the teaching seriously, go through the modules, apply what the fuck they teach you. 0.75

01:27:40.000 A lot of you guys will go ahead and get a coach, etc., and they'll tell you to do X, Y, Z, and you guys will only do Z, or you'll only do Y, and you wonder why you're not getting the X, Y, Z money that you should be getting. 0.78

01:27:49.000 It's because you didn't do X, Y, Z. You only did Y. You only did Z. You only did X sometimes.

01:27:53.000 No, it's got to be all the fucking time, alright? 0.92

01:27:56.000 So, again, recap on here. 0.99

01:27:59.000 We tell you guys to find a mentor all the time, but no one actually tells you how to fuck to find a mentor. 0.96

01:28:03.000 So let's go ahead and go through it. 0.99

01:28:04.000 You work a regular job first.

01:28:06.000 You take that earned income, right?

01:28:07.000 Whether it's trading time for money or you have a skill set. 0.99

01:28:09.000 I don't give a fuck if you're a doctor or you're cleaning toilets. 0.98

01:28:11.000 You're taking their earned income, okay? 0.99

01:28:13.000 And you're saving a good portion of it.

01:28:15.000 Anything that's expendable income, that means money that's left over that you can use on yourself.

01:28:18.000 You're not buying Rolexes. 0.95

01:28:19.000 You're not taking bitches out on trips. 1.00

01:28:21.000 You're saving that money. 1.00

01:28:22.000 I don't give a fuck if you're a doctor making $300,000 per year. 1.00

01:28:23.000 You're saving that fucking money, okay? 1.00

01:28:26.000 Living way below your means. 1.00

01:28:27.000 I need you how to look like you're damn near homeless, all right?

01:28:29.000 You guys make fun of me all the time. 0.83

01:28:31.000 All right, get some new drip, blah, blah, blah. 0.99

01:28:32.000 No, I'm not going to fucking do that shit because I'd rather save the money and invest it back into the business, all right? 1.00

01:28:36.000 The only people that have drip are the fucking retards with the saliva dripping out their mouth because they're idiots and don't understand how money works. 1.00

01:28:42.000 Meanwhile, everybody over there in the mirror is laughing at you, our retarded ass niggas. 1.00

01:28:45.000 Dude, drip, drip! 1.00

01:28:47.000 No, that's a bunch of stupid fucking idiot shit. 1.00

01:28:50.000 Stop being a slave consumer. 1.00

01:28:52.000 Save the money!

01:28:53.000 Once you have the money saved, then you have a good amount there. 0.94

01:28:55.000 You're independently doing research and figuring out who the goddamn best people are in this niche, okay? 0.79

01:29:01.000 I recommend get the best person. 0.99

01:29:02.000 If it costs you $10,000, so fucking be it. 0.98

01:29:05.000 Spend the money, because I know when you spend the money, you're going to spend the time and you're going to start to pay attention. 0.99

01:29:08.000 People only pay attention when they pay goddamn money that they worked hard to get, okay? 0.97

01:29:12.000 Okay? 0.98

01:29:13.000 Once you get this mentor hired...

01:29:14.000 And remember, before you get that mentor, you're doing research.

01:29:16.000 You're going to their masterminds.

01:29:17.000 You're talking to people that have taken a course.

01:29:19.000 You're looking at referrals.

01:29:20.000 You're not just going ahead and hiring anybody.

01:29:22.000 You're getting the best and you're independently researching and making sure they're good. 0.99

01:29:25.000 Because I need you to feel comfortable with whoever the fuck that you pick. 0.99

01:29:27.000 Alright? 1.00

01:29:28.000 Once you pick that person, you pull the trigger, you pay the money, and you go through all the fucking modules. 0.99

01:29:32.000 You go through the entire course. 0.99

01:29:33.000 You figure out everything that needs to be done.

01:29:36.000 Then... 0.98

01:29:36.000 You go ahead, and you start your fuckin' LLC, and you start the business. 0.98

01:29:40.000 But the thing is, a lot of you guys think, I'm just gonna buy this course, I'm gonna figure this out. 1.00

01:29:43.000 No, you fuckin' idiot! 1.00

01:29:44.000 You need to actually apply what the fuck did they teach? 1.00

01:29:46.000 X, Y, Z! Not just Z, not just X, not just Y when you kinda fuckin' feel like it. 0.99

01:29:51.000 You need to do everything!

01:29:52.000 A lot of you guys that fail when you get a mentor is because you don't do everything that you're supposed to do.

01:29:57.000 Do everything that's required, and then you will go ahead and get back the benefit. 0.94

01:30:00.000 But if you don't do what's required and you only do what feels good, then you're not going to get the fucking investment back that you spent the money on. 0.67

01:30:06.000 So you need to actually take the action and work really fucking hard after the fact. 0.94

01:30:10.000 And keep in mind, you're still working a regular job. 0.92

01:30:12.000 You still have your social life.

01:30:13.000 You still have all these other things going on.

01:30:15.000 Guess what's going to happen when you start the side business?

01:30:17.000 Oh, a magical thing! 1.00

01:30:19.000 Those bitches and those dates and all that social time that you used to have, it's gone now, nigga! 1.00

01:30:22.000 It's gone! 1.00

01:30:23.000 Because as soon as you spend that money, you no longer are going to do all the fuck shit that you used to do when you had your regular job. 1.00

01:30:23.000 It's gone! 1.00

01:30:29.000 Like I told y'all before, this isn't for everybody.

01:30:31.000 Are you prepared to sacrifice?

01:30:32.000 You want to really be an entrepreneur while simultaneously having your other job?

01:30:35.000 This is going to be the hardest part because you'll be working a regular job 40, 50 hours per week and you're going to be working on your business.

01:30:41.000 Are you prepared to make the actual sacrifices?

01:30:43.000 A lot of you fackets aren't.

01:30:44.000 Let's give it a thousand. 0.99

01:30:45.000 A lot of you guys just want to sit there and do some bullshit on the side, not make any money. 0.99

01:30:50.000 It's not a business. 1.00

01:30:51.000 It's a fucking hobby. 1.00

01:30:52.000 So ask yourself, look in the mirror. 1.00

01:30:53.000 Are you really ready to do this?

01:30:56.000 Are you prepared to cut off friends?

01:30:57.000 Are you prepared to not go on vacation? 1.00

01:30:59.000 Are you prepared to sit there and go to your real job with one hour of sleep because you're building your business all fucking night? 0.99

01:31:04.000 I was! 1.00

01:31:05.000 That's how the fuck I did it. 1.00

01:31:06.000 I told you I was a federal agent, arrested fucking criminals, while simultaneously running a fucking fitness business. 1.00

01:31:11.000 I had no social life by that time. 0.99

01:31:12.000 But it's okay because I'm here now because I made that sacrifice.

01:31:15.000 Are you ready to make that sacrifice? 0.99

01:31:17.000 This is what no one is gonna fucking tell you. 0.97

01:31:19.000 How do you actually go about getting a mentor? 0.99

01:31:20.000 That's how you fucking do it. 1.00

01:31:22.000 You work your real job, you get your side hustle, you work that side hustle until it makes as much money, if not more, than your real job, then you can make the conscious decision to tell your boss, fuck off, I'm going to go ahead and become an entrepreneur. 0.99

01:31:32.000 But that's going to take time and a lot of effort, and you're going to have to make sacrifices. 1.00

01:31:36.000 Fuck the bitches, fuck the vacations, fuck the bandit bullshit. 1.00

01:31:38.000 You really have to sacrifice if you want to do this shit. 1.00

01:31:41.000 This is a dark side that no one's going to fucking tell you, because it's going to fucking suck. 1.00

01:31:45.000 Ask yourself, are you ready to make that sacrifice? 0.99

01:31:51.000 All right.

01:31:53.000 Okay.

01:31:54.000 Fire emojis in the chat.

01:31:56.000 There you go. 1.00

01:31:56.000 No one talks about that shit. 1.00

01:31:58.000 We're the only ones telling y'all the truth, man. 1.00

01:32:00.000 Some behind the scenes stuff.

01:32:02.000 Last point.

01:32:04.000 And I wrote from our sponsor as well.

01:32:06.000 Go ahead.

01:32:08.000 I gotta get my voice back.

01:32:10.000 PJ Satie says, there's this company offering to walk anybody step by step through their real estate journey.

01:32:15.000 It's sponsored by Rich Dad.

01:32:16.000 It costs 50k.

01:32:17.000 I don't know what to do.

01:32:19.000 Use the money to buy property or invest in education.

01:32:24.000 That is gonna be...

01:32:26.000 Save more money.

01:32:27.000 Do both.

01:32:28.000 Yeah, I would say it's good to have that, like, process to walk through, but you want a property to as well.

01:32:36.000 So you could do both.

01:32:36.000 Yeah.

01:32:38.000 Jose Ramirez says, I want to get a new car from dealership.

01:32:41.000 Do y'all think it would be smart to get one?

01:32:42.000 I use my second job as a lift driver to pay it off.

01:32:45.000 I heard if you do this, you can pay off in two years.

01:32:48.000 My friend, I know people that did that personally, and it can work, but you have to understand, you drive that car for work, it's going to have repairs, it's going to have issues, and let's say you say, you know what, I'm tired of doing this, I want to give up, how do you pay for the car?

01:33:03.000 So, you have to know yourself, if you could last two years, awesome, but it's going to be tough, just saying.

01:33:09.000 The real Mr.

01:33:10.000 Meatball says, diversification into assets that don't correlate with each other is extremely important.

01:33:15.000 That's very true.

01:33:16.000 And for the other guy, real quick, for the 50k mastermind with the real estate man, you could probably find other people there.

01:33:22.000 Like I said before, it comes down to what you're willing to invest, but you got to do the math.

01:33:25.000 Is that real estate property that you're going to buy with that 50k, is it going to give you better cash on cash returns?

01:33:30.000 This is what I'm telling you guys.

01:33:31.000 And I talked to you guys about this.

01:33:34.000 Figure out the cash on cash returns if you want to be an investor and your goal is cash flow.

01:33:37.000 So figure that out.

01:33:38.000 And the only person that can answer that is really you.

01:33:40.000 You got to ask yourself, okay, this is a course.

01:33:42.000 This is how much it's going to cost, which is a 50K or I can invest that 50K and buy the property.

01:33:47.000 It's going to give me this cash on cash return.

01:33:49.000 Then you make the conscious decision.

01:33:50.000 But what I'm saying is use the cash on cash return as your main metric.

01:33:54.000 Because I think that's the best one.

01:33:54.000 Okay.

01:33:55.000 If your goal is to buy a property for cashflow purposes, cash on cash return.

01:33:59.000 All right.

01:34:01.000 Hey guys, need some help.

01:34:02.000 I work in New York, but I live in New Jersey.

01:34:04.000 I make a 4k a month, but I'm spending it all back in transportation slash Uber slash train.

01:34:09.000 My credit score is 760.

01:34:10.000 Do you think I should try to get a car?

01:34:12.000 What's your thought?

01:34:13.000 You know what's crazy?

01:34:15.000 The easiest way to save money is to move closer to your job.

01:34:18.000 It's simple.

01:34:18.000 Yeah.

01:34:19.000 Like, I'm not gonna lie, bro.

01:34:20.000 Like, even if it's, like, a crappier apartment or even, like, a little bit more money, the money you spend going back and forth adds up.

01:34:26.000 And in The Best Act for Life, it talks about transportation.

01:34:29.000 That's one of my America's biggest expense is transportation.

01:34:31.000 Yeah.

01:34:32.000 Back and forth from job to home.

01:34:33.000 Yeah. 1.00

01:34:34.000 But the thing is that he sucks. 1.00

01:34:35.000 He's in New York. 0.98

01:34:35.000 So for him to make it $4K a month, he probably can't even get an apartment anywhere in the city for that. 0.98

01:34:40.000 Yeah, typically that's what you would do.

01:34:42.000 That's New York. 1.00

01:34:43.000 That's why these blue states are fucking trash, man. 1.00

01:34:47.000 Yeah, bro. 1.00

01:34:48.000 In your situation, it might be better for you to get a car, my friend.

01:34:51.000 It might be time to save and get a car.

01:34:52.000 So that's an example where having good credit and financing a car might be in their best interest in this case because the Ubers and transportation, I know what it's like being in New York City and having used that.

01:35:01.000 The trains are expensive.

01:35:01.000 They could really rack up.

01:35:03.000 But then you also got to keep in mind what's it going to be like to use for the easy toll, the tolls.

01:35:07.000 Right?

01:35:08.000 Because New York has tolls everywhere, bro.

01:35:10.000 So you got to do the math and figure out what's going to be better.

01:35:12.000 DSON goes, what is the sweet spot of interest to purchase real estate at 7% right now?

01:35:17.000 Also in today's environment where most homes have HOA, medium house prices over $300K, your mortgage is more than rent.

01:35:23.000 How?

01:35:24.000 5-0, get a positive, how to get a positive ROI. That's where you got to go in and you got to crunch the numbers, guys.

01:35:29.000 You got to crunch the numbers.

01:35:30.000 You got to basically underwrite the deal before you're even, you know what I mean?

01:35:35.000 Redfin, I use Redfin when I look at a house.

01:35:37.000 You can use the mortgage calculator there.

01:35:39.000 It's pretty damn accurate, by the way.

01:35:41.000 And then you can figure out how much is going to cost you a month versus how much the house is going to make a month based on current rentals, etc.

01:35:47.000 And then figure it out from there and get that cash on cash return.

01:35:49.000 But yes, if you buy a house as an investor, be prepared to pay somewhere between 7% to 8% on that interest.

01:35:55.000 Or if you're buying it as a primary residence, you're probably looking more around like 6.8, 6.9, high sixes if you're buying it to live in.

01:36:02.000 Remember, you're always going to get a better interest rate when you live in a property versus when you buy as an investor.

01:36:06.000 Keep that in mind, guys.

01:36:08.000 Alright?

01:36:09.000 Yo, we've been given...

01:36:11.000 For free, bro.

01:36:11.000 What's it like right now?

01:36:12.000 For free, bro.

01:36:13.000 We got 2.7.

01:36:15.000 Yo, guys, we got 5,300 of y'all in here right now watching on YouTube, and then I think another 5K or so on Rumble.

01:36:21.000 I need y'all to like the goddamn video, subscribe to the channel, and on YouTube especially, if you're watching us on Rumble right now, please open up another tab, guys, and like the video on YouTube because we need these videos going up in the algorithm.

01:36:32.000 I just dropped the F-bomb earlier, so hopefully we can still get pushed in the algorithm. 0.89

01:36:35.000 Please like the video.

01:36:36.000 And a lot of you guys want girls, right?

01:36:38.000 If you can learn this information here on Money Mondays, You're financially free.

01:36:42.000 You can get girls anytime, bro.

01:36:43.000 Whatever you feel like.

01:36:44.000 Here's the other thing, too.

01:36:45.000 Guys, we're over here answering your questions real-time live.

01:36:47.000 Yeah.

01:36:48.000 Who else is doing that?

01:36:49.000 Nobody.

01:36:50.000 Oh, let me record the video and edit it first, bro.

01:36:52.000 Yeah.

01:36:52.000 Here's the video.

01:36:54.000 It's funny.

01:36:55.000 That's how you know that we're out here for real.

01:36:56.000 We're answering your questions live.

01:36:58.000 And if we don't know, we'll refer you to someone that does.

01:36:59.000 Yep.

01:37:00.000 I'm 22.

01:37:00.000 I work a nine-to-five job at a lumber company where I make $3,500 a month.

01:37:05.000 Should I get my real estate license to become a realtor or invest my money into a smaller side hustle?

01:37:09.000 Number one, one of the biggest misconceptions.

01:37:11.000 You don't need a realtor license to become a real estate investor, man.

01:37:13.000 At all.

01:37:13.000 That's one of the biggest lies they tell you.

01:37:15.000 It's a waste of time, waste of money.

01:37:16.000 Don't do it.

01:37:17.000 We don't have one.

01:37:18.000 You know what I mean?

01:37:19.000 I control 14 properties worth like $7 million and I don't have a real estate license. 1.00

01:37:22.000 You don't need that shit. 0.99

01:37:23.000 Just make sure you have a good real estate agent. 1.00

01:37:24.000 That's the key. 0.99

01:37:25.000 Make sure you have a good real estate agent that's not a moron. 0.98

01:37:27.000 I understand what you want to do as well. 0.99

01:37:29.000 Exactly.

01:37:30.000 And then as far as the side hustle thing, do exactly what I told you before, as far as figuring out what side hustle you're going to do, working that regular job, etc.

01:37:38.000 We need to clip that part and give it to y'all.

01:37:39.000 Because that's the dirty side that no one tells you when it comes to finding a mentor.

01:37:42.000 What you need to do while simultaneously finding the mentor.

01:37:45.000 And when you do got the mentor and you're going through it, what you need to do on the side.

01:37:49.000 Everyone tells you, they sell you this success porn.

01:37:51.000 You could be on your laptop on a beach somewhere and making money. 1.00

01:37:53.000 Fuck no, you're not. 1.00

01:37:55.000 Hell no. 1.00

01:37:56.000 You're going to be working your regular job and you're going to be doing your side hustle on the side. 1.00

01:37:59.000 You're going to be doing side hustle shit at your main job. 0.98

01:38:01.000 You're going to be struggling. 1.00

01:38:02.000 That's the reality. 0.99

01:38:03.000 You ain't going to be on no fucking beach with a laptop. 1.00

01:38:05.000 That's a bunch of lies. 1.00

01:38:07.000 Investing yourself too.

01:38:08.000 Speaking of which, today's sponsor is Blue Chew.

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01:38:59.000 And the link is in the top of the description and it's going to be at the top of the comments.

01:39:02.000 And also, guys, keep in mind that, you know, you don't got to go to a doctor.

01:39:05.000 None of these awkward visits or conversations like, hey, bro, I fapped too much support, so I can't get a hard one no more.

01:39:09.000 So, uh, you could go ahead and just, uh, go ahead and get the blue chew and it'll help you out with that.

01:39:13.000 Cause a lot of y'all have, it's crazy how many, uh, young guys have erectile dysfunction nowadays.

01:39:17.000 You know why? 0.99

01:39:17.000 You're joking off, nigga. 0.99

01:39:18.000 Yeah, stop watching porn. 1.00

01:39:19.000 Stop watching porn, guys. 0.99

01:39:20.000 BBC Gang, stand up. 0.98

01:39:21.000 Yeah.

01:39:22.000 So, yeah, use the code FRESHFAT to check out my ninjas and, uh, go ahead and get that so that you can go ahead and take your girl to pound town. 0.67

01:39:28.000 Is that the top song right now nowadays?

01:39:30.000 Yeah.

01:39:30.000 Booty bound.

01:39:31.000 Fucking. 1.00

01:39:32.000 I won't say the rest, but yeah, you get the point. 0.99

01:39:34.000 Yeah, that girl is L. But anyway, Yeah, guys, go ahead and check it out. 0.99

01:39:38.000 Link is below.

01:39:38.000 There you go.

01:39:39.000 Where are we at here?

01:39:40.000 Hector Navarez.

01:39:41.000 I have no experience in sales, and I'm thinking about pursuing that path.

01:39:44.000 How can I land a sales position with no experience entry-level?

01:39:47.000 Car dealerships, guys.

01:39:48.000 They'll hire anybody. 0.95

01:39:49.000 You gain experience in sales, and as well, you create a network of people that, one, for one, can afford cars for the most part.

01:39:57.000 And two, you learn all the skills of sales for next to nothing.

01:40:01.000 So...

01:40:16.000 You need more money.

01:40:22.000 Yeah.

01:40:23.000 Because you're worried, bro.

01:40:25.000 Yeah.

01:40:25.000 You need more money.

01:40:26.000 So keep grinding, bro.

01:40:28.000 It's going to take time, guys.

01:40:29.000 I'm not telling you how you guys are going to do this overnight, a day, a month, a year.

01:40:33.000 It's going to take years to do this.

01:40:35.000 I'll never forget, guys.

01:40:36.000 I won a property my first year in America.

01:40:38.000 It took me two years to basically get everything set up and done to even buy the property.

01:40:42.000 So it takes time, man.

01:40:44.000 It doesn't happen overnight.

01:40:45.000 Sergeant Shroom says, when I was 18, I bought two plots of land, one for investing and one for personal use.

01:40:50.000 I'm 20 now.

01:40:51.000 I broke ground on my personal one this year.

01:40:53.000 Building my own ranch, paid for it by doing landscaping in the summers and saving.

01:40:57.000 Good job, bro.

01:40:58.000 Shout out to you.

01:40:59.000 You started early.

01:41:00.000 DK, DK, DK. Yeah, Tristan said that music is stupid. 1.00

01:41:15.000 And here's the thing. 1.00

01:41:16.000 I agree with him to a degree.

01:41:18.000 And what I mean by that, guys, is in your idle time, your time that you're just chilling or whatever, you shouldn't be sitting there listening to music.

01:41:23.000 You should be listening to audiobooks, watching documentaries, expanding your mind, becoming a smarter individual. 0.99

01:41:29.000 If you're going to listen to music, go ahead and do that shit in the gym. 0.99

01:41:31.000 Get yourself pumped up. 1.00

01:41:32.000 That's cool.

01:41:32.000 I'm all for music in the gym.

01:41:34.000 But outside of the gym, you should not be listening to music.

01:41:36.000 If you actually think about it, if you're one of these guys that loves music, blah, blah, blah, you spend a lot of time listening to music and you don't really derive a benefit from listening to...

01:41:44.000 Unless you're DJ Academics.

01:41:47.000 Or a creator that has music interests, what's the point?

01:41:50.000 Yeah, they're making you money, bro.

01:41:52.000 Not at all. 0.98

01:41:52.000 They're getting money on Apple when you fucking keep playing Good Morning for the 100th time. 0.98

01:41:57.000 Pretty much. 0.99

01:41:58.000 You know what I mean?

01:41:58.000 For that day.

01:41:59.000 So, yeah.

01:42:00.000 Music should not be something that you listen to in your free time.

01:42:04.000 There's a lot of undertone brainwashing in there as well. 0.98

01:42:06.000 Repetitive words.

01:42:07.000 And if you're not subconscious or you're not conscious of what's happening, you can fall into certain traps too as well.

01:42:12.000 You better be doing something productive while you're listening to music. 1.00

01:42:15.000 You better not just be sitting in your fucking room like one of these dumb assholes. 1.00

01:42:19.000 Listen to that bullshit. 1.00

01:42:20.000 No. 1.00

01:42:20.000 You better be fucking working on your career, working on your business, studying some shit you have in the background. 1.00

01:42:25.000 Cool. 1.00

01:42:25.000 Or you're in the gym. 1.00

01:42:26.000 But if you're just sitting there actively listening to music and nothing else, you're a fucking moron. 1.00

01:42:31.000 Don't do that shit. 1.00

01:42:31.000 Listen, man. 1.00

01:42:32.000 One of the biggest waste of time.

01:42:33.000 When it's late night and you're ready to get your groove on with some Bluetooth, play Pound Town and go downtown.

01:42:40.000 Pause.

01:42:40.000 Pop the hot value, man.

01:42:42.000 Let's get...

01:42:43.000 Let's go.

01:42:45.000 See, do closely.

01:42:47.000 Oh, I'm sure you say that.

01:42:49.000 FNF Production.

01:42:49.000 Love you guys.

01:42:50.000 Talk about having kids.

01:42:51.000 My lady's having a kid sometime next week. 1.00

01:42:53.000 Guys, keep making money.

01:42:54.000 If you value your time, don't rush it.

01:42:56.000 Make sure you're doing this the right way.

01:42:57.000 Listen to FNF. Thanks.

01:42:59.000 Shout out to you, bro.

01:43:00.000 And then the last few here.

01:43:01.000 Ano says, Don DeMarco, for this rant, I really have to cut a lot of the spending I have, and I saved the money to build my empire.

01:43:07.000 Good job.

01:43:08.000 Guys, get Mint.

01:43:09.000 Mint will help you with that.

01:43:10.000 It'll tell you what your current net worth is, which a lot of y'all is going to be negative. 0.99

01:43:13.000 And sometimes you need to see that reaffirmation that you're fucking poor. 0.96

01:43:16.000 And then second, it'll show all your spending and track it for you. 0.99

01:43:19.000 Get Mint.

01:43:20.000 It'll connect all your stuff.

01:43:21.000 We're not even going to get paid to tell y'all this, man.

01:43:23.000 But go ahead and get that.

01:43:24.000 But you know what I would do as well?

01:43:26.000 I would each month get a notepad written on my expenses and my income. 0.99

01:43:31.000 And I'd be like, damn. 0.99

01:43:32.000 That's old school way. 0.99

01:43:33.000 I'm like really losing money here, but I'm gaining money here.

01:43:36.000 Let me focus on this.

01:43:37.000 Yeah.

01:43:38.000 Over time, it'll give you a nice visual representation.

01:43:40.000 That was ironclad.

01:43:41.000 And like, I was so frugal.

01:43:43.000 There you go, man.

01:43:44.000 Not anymore though, but you know what I'm saying.

01:43:45.000 Guys, yeah, that'll help you out.

01:43:47.000 By the beginning.

01:43:48.000 Sometimes seeing it out there and being like, what the hell, you spend the money in writing it?

01:43:51.000 Yeah.

01:43:52.000 Yeah.

01:43:52.000 That's actually a good idea.

01:43:53.000 Yeah.

01:43:53.000 Mind Over Matter goes, hey guys, gotta say, your show has changed my life so much.

01:43:57.000 Just wanted to say I joined SMMA, a community called Relentless Success Club, and learned how to start on working and quit my job, not making six figures a month.

01:44:04.000 Congratulations, my friend.

01:44:05.000 That's what it's about. 0.97

01:44:06.000 Like I said before, guys, we don't give a fuck if you guys join our masterminds or take our courses or anything like that. 0.94

01:44:11.000 Our job, and if you guys notice, we haven't sold a course to y'all in a while, whether it was a high-value course or DMs on demand. 0.93

01:44:16.000 Our goal is to sit here and sell y'all courses. 0.99

01:44:18.000 We'd rather make content for you guys absolutely free that you can consume.

01:44:22.000 We answer your guys' questions.

01:44:23.000 We give you guys value.

01:44:24.000 That's what I care about.

01:44:25.000 You want to go to a mastermind and make money with them, etc.?

01:44:28.000 Awesome.

01:44:29.000 We're not going to sit here and tell y'all not to do it.

01:44:30.000 You know what I mean?

01:44:31.000 We want you guys to be successful. 0.98

01:44:33.000 How you get there is up to you, but we want you guys to take the initiative and fucking do it. 0.99

01:44:36.000 If you need me kicking you in the ass and say, join this mastermind, do this, blah, blah, blah. 0.99

01:44:39.000 And it's not necessarily making us money. 1.00

01:44:41.000 I don't give a fuck. 0.97

01:44:42.000 My goal is that you make money. 0.99

01:44:43.000 I don't give a shit about me profiting off of you. 0.81

01:44:45.000 I want you to profit and I don't care who you do it with. 0.96

01:44:47.000 That's what we care about. 0.99

01:44:48.000 We legitimately give a fuck about y'all making money, man. 0.98

01:44:51.000 We don't care about how y'all get it. 0.98

01:44:53.000 All right?

01:44:53.000 Well, unless it's illegal.

01:44:54.000 Don't do it illegal, of course.

01:44:55.000 Don't break the law.

01:44:56.000 Don't break the law.

01:44:56.000 What I'm saying is that we don't necessarily have to benefit from you making money.

01:44:58.000 Do it the right way.

01:44:59.000 Would you recommend...

01:45:00.000 Just save the video. 1.00

01:45:00.000 And like the goddamn video. 1.00

01:45:01.000 That's all I ask. 0.99

01:45:02.000 Y'all gotta pay a dollar to support the show.

01:45:05.000 We appreciate that you guys do. 0.99

01:45:06.000 Really fucking... 0.99

01:45:07.000 We love y'all for that. 0.99

01:45:08.000 But you guys don't have to donate a dollar to the show.

01:45:10.000 A lot of y'all just ninja watch anyway.

01:45:11.000 Don't even like the video.

01:45:12.000 So, the only thing I ask is like it.

01:45:15.000 Would you recommend...

01:45:15.000 What are the likes at right now?

01:45:17.000 3.2.

01:45:18.000 Come on, man.

01:45:19.000 We got 5,200 of y'all right now.

01:45:20.000 At least 4.8K, bro.

01:45:22.000 Yeah, we should be at easily 5K likes from giving you guys this much value.

01:45:25.000 Free, bro.

01:45:26.000 Would you recommend tax lien investing, purchasing tax liens on delinquent properties to earn interest or potentially acquire property if the owner fails to pay the outstanding taxes for our investors?

01:45:36.000 Yeah, you can get some really good deals when houses are foreclosed on, guys, because keep in mind, here's a dirty little secret the banks won't tell y'all, the bank is not in the business of being a real estate owner and property manager.

01:45:36.000 Yeah.

01:45:48.000 They're in the business of selling houses and collecting interest.

01:45:50.000 One more time for y'all!

01:45:54.000 Banks are not in the business of maintaining and controlling real estate property.

01:45:57.000 They're in the business of giving you a loan to purchase said real estate property and then collecting interest on it. 0.97

01:46:02.000 They just want to sit back and get their money and do this bullshit with their hands, if you know what I'm saying. 0.98

01:46:05.000 Okay, them boys. 0.98

01:46:06.000 So, with that said, when someone forecloses on a house, they're going to go ahead and sell that house at a very low cost because they want to get rid of it. 0.91

01:46:13.000 They want to make some money back versus making no money and they don't have the time and effort to put into managing that property, dealing with tenants and all that other bullshit.

01:46:20.000 So you're going to be able to find really good deals when houses are foreclosed on.

01:46:24.000 You go to the town hall and they'll be doing auctions, etc.

01:46:27.000 Go to those.

01:46:28.000 You will find fantastic deals.

01:46:29.000 Yep.

01:46:30.000 What do you guys think about day trading?

01:46:31.000 I think it's great.

01:46:32.000 I have a lot of friends that do it, but it is a hard task because you have to understand, like, they're focused in a room for hours.

01:46:40.000 Just researching, looking at the news, looking at certain things.

01:46:43.000 And my friends are very successful, but took them years to accomplish this.

01:46:47.000 And most people give up in that period of time.

01:46:49.000 And I will say this off-rip, it is not easy.

01:46:52.000 Everyone I know that does it, they have sacrificed so much of their family time, outside time, just to focus on this one task of day trading.

01:47:00.000 And it's rewarding, but the path to get there is almost...

01:47:04.000 And you can literally lose your life. 1.00

01:47:06.000 You can lose your life doing that shit, guys. 1.00

01:47:09.000 I would say that's one thing you need to mentor. 1.00

01:47:11.000 100%.

01:47:12.000 Because the learning curve is so long and hard, bro.

01:47:14.000 Don't even bother doing it in a row. 1.00

01:47:16.000 Trying to learn that shit. 1.00

01:47:18.000 And don't bet anything that you're not willing to risk. 1.00

01:47:20.000 I tell you guys, with cryptocurrency, don't put no money in that you're not willing to lose.

01:47:23.000 I could lose my entire crypto portfolio right now, and I'd be okay.

01:47:27.000 I'd be pissed, but I'd be okay.

01:47:28.000 It wouldn't hurt me at all.

01:47:30.000 Vader goes...

01:47:37.000 Look at that, bro.

01:47:44.000 Look at that, bro.

01:47:46.000 We had a guest on.

01:47:48.000 Add a massive value.

01:47:49.000 You got a new side business.

01:47:50.000 Shout out to you, bro.

01:47:51.000 Bam.

01:47:51.000 And keep doing what you're doing, bro.

01:47:52.000 You're going to have to do both. 0.99

01:47:53.000 That's one thing that no one ever mentions about the entrepreneur life is they think you're going to be on a laptop on a fucking beach. 0.98

01:47:57.000 No, my friend. 0.97

01:47:58.000 You're going to be on a laptop in the house stressing, trying to sleep, working your side hustle while someone's trying to get some rest so you can do your real job.

01:48:05.000 Formula Media goes, I'm 16 years old, working in my online business.

01:48:08.000 What would you recommend spending my time and money in?

01:48:10.000 Go back to what we said before as far as finding different niches and figuring out what you like and then going ahead and saving money for that niche.

01:48:17.000 At 16, you're starting early.

01:48:18.000 If you can start now learning things or trying different avenues for money, you'll be successful in a shorter time, but I'm telling you.

01:48:23.000 There you go.

01:48:26.000 Razor319 says, I worked a salary job in corporate security field and created my LLC for risk consulting on the side, leveraging my professional network.

01:48:34.000 It's not who you know.

01:48:35.000 It's who knows you.

01:48:36.000 Networking is the most powerful tool that is free.

01:48:38.000 Absolutely. 1.00

01:48:38.000 Good shit, man. 1.00

01:48:39.000 That is so underestimated. 1.00

01:48:42.000 Networking is powerful.

01:48:42.000 Yeah.

01:48:43.000 You can literally build a business around the niche that you already have.

01:48:45.000 Let's say you work in law enforcement.

01:48:46.000 Well, now you could become a security consultant.

01:48:47.000 Yeah.

01:48:51.000 We're good to go.

01:49:06.000 Absolutely.

01:49:07.000 But yo, just like Fresh just said a second ago, that's where you need to get a mentor, bro.

01:49:10.000 You need to get a mentor with that.

01:49:11.000 Yeah.

01:49:12.000 Dude, that's a dangerous one.

01:49:14.000 Like, sacrifice?

01:49:16.000 People don't know what that really means, bro.

01:49:18.000 I mean, I don't put so much into this, it's crazy.

01:49:20.000 And the last one here, Chow BK says...

01:49:24.000 27, just graduated civil engineer, started 68k a year.

01:49:27.000 Not sure if I can't study masters and get PE license or work on a side hustle slash real estate.

01:49:34.000 I'm hungry, need a way out from poverty, growing up in session 8, trying to get fit also.

01:49:38.000 I have no problem if you have a job and you can get a little bit higher education to make more money in that same job because you're already in that career field.

01:49:45.000 So here's the thing, this is what I would say.

01:49:46.000 In your situation, see if you can get your engineering firm to pay for your education.

01:49:52.000 And a lot of times they will do it or they'll compensate you to a degree for it.

01:49:52.000 Yeah.

01:49:56.000 So figure out if you can go ahead and get them to pay for your education.

01:49:58.000 Bam! 0.98

01:49:59.000 You leverage that company.

01:50:00.000 You're able to get the education.

01:50:02.000 You make more money.

01:50:03.000 And then as you make that more money, that will put you in a better position to invest into other asset classes.

01:50:07.000 Guys, keep in mind.

01:50:08.000 We're good to go.

01:50:27.000 Well, in a traditional sense, your goal is to create financial freedom.

01:50:31.000 You can create that financial freedom by working your job and then going ahead and having these side hustles and still working your job.

01:50:36.000 And then you choose if you want to quit or if you want to work that job.

01:50:39.000 Some of y'all really love the niche that you're in, whether you're a doctor, a lawyer, law enforcement, whatever.

01:50:43.000 You really love that.

01:50:43.000 Cool.

01:50:44.000 Keep doing it, but understand that you don't need to keep doing it.

01:50:47.000 And that's where I want you guys to be.

01:50:48.000 All right.

01:50:49.000 And then last one here, Chris, if I'm correct.

01:50:54.000 Cool.

01:50:54.000 Cardi says, Sup, Fresh and Myron.

01:50:56.000 I'm in Miami, 17, making $10k a month, and I have roughly $30k in savings.

01:51:01.000 What are the next steps for me?

01:51:03.000 P.S., that force carbon hood goes harder than Lambo Fresh.

01:51:06.000 Appreciate that.

01:51:06.000 Thank you, bro.

01:51:08.000 17, making $10k a month, $30k in savings.

01:51:11.000 I'm not going to lie, but you're a pretty good star.

01:51:12.000 17. 0.97

01:51:13.000 Holy crap. 0.98

01:51:14.000 That's amazing. 0.98

01:51:15.000 Next step, bro, I would say stop putting money into an investment like real estate once you get some more money saved up, and you're on the right path, bro.

01:51:22.000 I mean, this is pretty good.

01:51:23.000 As soon as you turn 18, get a credit card.

01:51:25.000 That's another thing, too.

01:51:27.000 Actually, you might be able to be an authorized user under your mom.

01:51:31.000 At 17.

01:51:32.000 You might be.

01:51:33.000 So when you do it to turn 18, you'll already have a credit record.

01:51:37.000 What are the next steps for me, PS? Yeah, bro.

01:51:39.000 Keep saving money and then start looking at ways to deploy that money.

01:51:43.000 We talked to y'all before about this.

01:51:45.000 Real estate is number one.

01:51:46.000 Number two is crypto, stocks, index funds.

01:51:49.000 And Cardi, small hack for you, bro, as well, just to add to this point.

01:51:53.000 Get a car you can pay off.

01:51:55.000 Relatively in like six months.

01:51:57.000 Either you have money in cash.

01:51:59.000 No, because I can tell where his mind is at.

01:52:02.000 He wants to get a Lambo eventually or something like that because he reaches Lambo. 0.58

01:52:05.000 So start now.

01:52:06.000 Get a car you can actually pay off.

01:52:07.000 Pay it off.

01:52:08.000 And then once again, upgrade the next car.

01:52:10.000 So by the time you want a Lambo, you're going to be approved because you've been paying for a car and you can see the history of you getting cars, upgrading.

01:52:17.000 So that way you're going to be on a good setting to get a car that you want.

01:52:20.000 Okay.

01:52:20.000 But rather than starting late and then, oh, you got to pick.

01:52:24.000 There's much money down on the car.

01:52:25.000 A lot of money down is crazy.

01:52:26.000 You better have a couple of assets before you buy that land.

01:52:28.000 Yeah, yeah, yeah.

01:52:29.000 You better have a couple of assets.

01:52:30.000 He's talking about five, ten years down the road.

01:52:31.000 Yeah.

01:52:32.000 But for now, though, you got to put that money into an asset class.

01:52:35.000 We talked about the different ones.

01:52:36.000 You pick whichever one you like the most.

01:52:38.000 We can't tell you what to invest in.

01:52:38.000 Yeah.

01:52:38.000 Okay.

01:52:40.000 We can tell you guys what the best ones are, and then you guys can go ahead and pick and choose from there.

01:52:43.000 Because everyone's not the same.

01:52:44.000 Your credit score might suck right now, and you can't get a loan on a house.

01:52:47.000 Cool.

01:52:47.000 But you can buy cryptocurrency.

01:52:48.000 Boom.

01:52:48.000 Do that.

01:52:51.000 Last one here.

01:52:52.000 Number one. 0.99

01:52:53.000 Oh shit. 0.99

01:52:55.000 It's going to be income versus savings, which is basically money management. 1.00

01:53:01.000 So go ahead.

01:53:03.000 I'm going to do the last one.

01:53:04.000 Oh, okay.

01:53:05.000 So guys, every money problem that you got...

01:53:08.000 The financial problem that you guys could think of typically comes from not understanding this.

01:53:12.000 If you spend more than you make, you're going to run into issues.

01:53:15.000 But if you spend less than you make, you're going to be good.

01:53:18.000 And I know it sounds very simple, but all financial problems are rooted in that.

01:53:22.000 That comes back to what we said before.

01:53:23.000 Make sure that you write everything out.

01:53:25.000 Get a mint.

01:53:25.000 See what's going in versus what's coming in.

01:53:27.000 And then if you're realizing that, damn, I don't, you know, I have a lot of debt or I'm spending a lot of money, but while you got two options, lower your costs, which you should absolutely be doing anyway.

01:53:35.000 And then number two, Pick up another job. 0.93

01:53:37.000 I don't care if you work at McDonald's, then you also gotta pick up a job at the opposite Burger King next door.

01:53:41.000 I don't care.

01:53:42.000 You need to make more money. 0.72

01:53:44.000 If you're a man and you're under 30 years old and you're at the house, you know, All day, and you're working less than 50, 60 hours, you need to really have a tough conversation with yourself and look in the mirror like, damn, am I really doing everything that I can do?

01:53:55.000 Am I exhausting all options?

01:53:57.000 Most y'all to keep it 1,000 are not exhausting all your options.

01:53:59.000 You guys are wasting way too much time watching YouTube, watching us, whatever it may be.

01:54:03.000 And I'm telling you this, hey, it's in my best to just tell you how to watch the show.

01:54:06.000 No, you guys, if you're going to watch our podcast, you should be watching our podcast while simultaneously doing something productive.

01:54:11.000 Yep.

01:54:11.000 Okay?

01:54:12.000 You shouldn't just be listening to us and just sitting there like...

01:54:14.000 I mean, on an episode like this, I get it.

01:54:15.000 It's a lot of information, so you're writing notes.

01:54:17.000 Cool.

01:54:17.000 But you need to be doing something else.

01:54:19.000 Maybe you're at a job, you're working security, you're doing some job listening to us while you're making money.

01:54:22.000 You need to be doing something while you listen to us, okay?

01:54:25.000 You shouldn't just be listening to us with nothing else.

01:54:28.000 This rule applies everywhere.

01:54:30.000 Whether you're listening to music, whatever it is, you need to be productive in your time, lower costs while simultaneously increasing income, and you do that by budgeting your money and making sure that you live way below your means, be a minimalist, while simultaneously finding other ways to make more money. 0.98

01:54:44.000 Whether it's working more hours at your job, or you can't do that, you gotta sign another job, fucking do it. 0.70

01:54:48.000 You should be working 80-hour weeks in your 20s as a man. 1.00

01:54:51.000 I don't give a fuck what nobody says. 0.98

01:54:52.000 And you can find time for the gym, etc. 0.98

01:54:54.000 What's gonna suffer?

01:54:55.000 Yeah, hoes are gonna suffer, fun's gonna suffer, but who cares? 1.00

01:54:58.000 You should be at the club and drinking anyway.

01:55:00.000 Well said.

01:55:02.000 Guys, off rip.

01:55:04.000 Most people wonder why they're not successful.

01:55:08.000 And it's choices in life.

01:55:10.000 Choices today, choices tomorrow.

01:55:13.000 We'll shape who you are in the long run.

01:55:15.000 And there's two outcomes to this that we're going to show you guys today on this board that we've got for you guys on Financial Freedom.

01:55:21.000 So here we have it.

01:55:24.000 Alright.

01:55:24.000 So guys, this is an example of two people here In America or worldwide, it doesn't really matter.

01:55:30.000 But in this case, these people have two different outcomes, right?

01:55:37.000 So we have Tom and John.

01:55:39.000 Tom makes 200k a year, right?

01:55:42.000 John makes 500k a year.

01:55:44.000 Tom spends 150k a year, says 50k, has zero debt, But, with this outcome, from his actions, and if you fall all set to what we said today, he has opportunity with freedom.

01:55:57.000 Which means, he doesn't make $200k a year, but he saves $50k.

01:56:01.000 And he can spend that money on opportunity, investing in himself, or assets over a long period of time.

01:56:07.000 John, on the other hand, He's 500k a year, spent 250k a year, so he's 20k a year, has debt 200k, so he has negative freedom, aka debt slave.

01:56:18.000 So John makes a lot of money in this example here, but his expenditure for debt is huge, and his spending is huge, which means his savings are very little, so when it comes to opportunity, he has not much he can do because his money is spent in debt.

01:56:33.000 And also as well and fun and other things as well.

01:56:36.000 So, guys, this is showing you there's two paths you can do.

01:56:40.000 And Tom is pretty much like on Myron's path of financial freedom because he's actually focusing on savings and putting money into like assets that he can make money off of versus John is about lifestyle, you know, kind of how I was and putting money into debt.

01:56:53.000 And once again, guys, You have to plan from the very beginning because if you don't plan from the very beginning, you're going to have, I want to say, choices where you can either have fun or sacrifice for the future.

01:57:03.000 And if you're not aware of what you're doing, you're going to go with the wind and make mistakes.

01:57:07.000 But if you have a plan for your life from the very beginning, you can be like Tom here.

01:57:11.000 And even though he makes less money, he saves more.

01:57:14.000 And it's not what you have, but it's not what you spend, but it's whatever you keep for the most part.

01:57:18.000 So there you go.

01:57:19.000 Yeah.

01:57:20.000 And the other thing, too, also that I want you guys to know, because for all my high-earning guys that are watching this podcast, right?

01:57:24.000 And you can put it down.

01:57:25.000 I'm good.

01:57:26.000 Right?

01:57:26.000 For all the high-earning guys, you're making six figures or above, right?

01:57:29.000 You have a high-income skill or whatever. 1.00

01:57:30.000 You guys are some of the most prone to getting in debt because you make more money and you think you're making more and you spend more like an idiot. 1.00

01:57:35.000 Okay? 1.00

01:57:36.000 So, what I'm telling y'all...

01:57:39.000 As a higher earning guy, you need to buckle down even more so to ensure that you don't overspend just because you're making more money.

01:57:45.000 And it's going to be the most tempting for you guys because you have the money to go to Miami. 1.00

01:57:48.000 You have the money to be a fucking womanizer and do all this shit. 1.00

01:57:51.000 But if you really want to be financially free, guys, and not have to depend on your job, I want you guys in a position where you have side hustles, you have other things that are making you money. 1.00

01:57:59.000 Maybe you've got a couple of ATMs.

01:58:00.000 Maybe you've got a couple of real estate properties.

01:58:01.000 Maybe you've got, you know...

01:58:04.000 Cryptocurrency going up and you're getting a dividend from that or a high-interest savings account that's giving you a dividend. 0.97

01:58:08.000 You have all these other things in play where you're actually financially free and you're working the job because you want to fucking work it. 0.68

01:58:14.000 You're not working it because you have to work it. 0.94

01:58:15.000 You're working it because you want to work it.

01:58:17.000 And you hire income guys with a high-income skill, right?

01:58:20.000 Y'all make it $200,000, $300,000, $400,000, $500,000 a year, but y'all are living like you make $5 million a year.

01:58:25.000 You guys are the most prone to fall for this mistake, which I'm really glad that you showed that.

01:58:28.000 It's not about how much you make, it's about how much you save.

01:58:30.000 So guys, If you don't save money and get yourself out of the rat race, you will continue to stay in the rat race and you're still going to be a wage slave even though you have a good career.

01:58:39.000 Okay?

01:58:40.000 Again, save the money.

01:58:43.000 Okay?

01:58:43.000 And the beauty is when you save the money, when you have these high income skills, you're able to go ahead and get that mentor faster.

01:58:48.000 You're able to go ahead and invest faster.

01:58:49.000 You're able to make money Faster, because money loves speed.

01:58:51.000 So you're able to invest $10,000 after a month into a mentor right away.

01:58:56.000 You're able to get in, learn, make that money, invest even more so, and then that money comes back to you faster. 1.00

01:59:00.000 But if you spend that money like an idiot, it's going to fuck you up. 0.99

01:59:02.000 So spend that money quickly up front with the high-income skill, and you'll be able to get that success quicker because you have the capital to do so, man. 1.00

01:59:10.000 Last thing to say here, if you can manage a little bit of money yourself, let's say you can manage making 50k a year, you can save money from that.

01:59:18.000 Make 100k, you can save money from that.

01:59:20.000 And so on and so on.

01:59:22.000 It's the money that matters because, once again, if you make a lot of money and you're trapped in paying debt and paying for your expenses, then you're stuck in that cycle of lifestyle creep, which means you make a lot of money, but you're trapped in that essence.

01:59:34.000 Yeah, because you have all these liabilities, man. 0.67

01:59:36.000 So guys, I'm telling you, man, I know I sound like a broken record, but you guys that make a lot of money, 100k plus per year, etc., you guys are doing well, you need to save that fucking money, or else you're going to have to keep working that job to continue to live your lifestyle. 0.95

01:59:48.000 No. 0.84

01:59:49.000 Work that job, live way below your means, invest in another side hustle because you have the capital to do so.

01:59:54.000 Let that side hustle make you money. 0.94

01:59:55.000 Once that side hustle starts making you money, then you can go ahead and take that passive income and buy your liabilities.

02:00:00.000 You don't want earned income buying your liabilities.

02:00:03.000 You want passive income buying those liabilities.

02:00:05.000 So you want to go ahead and get a nice car? 0.96

02:00:06.000 You want to go ahead and fucking lease a Mercedes AMG or whatever? 1.00

02:00:10.000 Because a lot of you guys like to fucking do that shit? 1.00

02:00:11.000 Fine. 1.00

02:00:12.000 Start a side hustle.

02:00:13.000 Get a real estate property. 0.97

02:00:14.000 Once you have enough real estate properties making you, let's say, $1,000, $2,000 a month, now you can go ahead and take that $1,000, $2,000 a month and go ahead and get that fucking car if you want.

02:00:21.000 Or you could be even smarter, take that passive income you're taking along with your earned income, put it together, and now you can invest even more aggressively into more assets. 1.00

02:00:30.000 Realistically speaking, until you're making 20 to 50k a month passively, I want to buy no nigger shit. 1.00

02:00:36.000 Yeah, I fucking said it. 1.00

02:00:37.000 Until you're making 20 to 50k a month passively, you shouldn't be buying no nigger shit. 1.00

02:00:43.000 All right? 0.99

02:00:43.000 All that money that you're making passively from that thing, you should be taking it along with your earned income, invest even more aggressively into these assets that pay you back money, buy your financial freedom faster, okay? 0.99

02:00:54.000 Because the longer it takes, the more you spend money, the longer it's going to take you to do this shit. 0.97

02:00:58.000 Buy that freedom back faster, then you can go ahead and have fun. 1.00

02:01:02.000 Delayed gratification, guys.

02:01:04.000 Delayed gratification.

02:01:06.000 All right?

02:01:07.000 Trust me, the girls ain't going nowhere. 1.00

02:01:08.000 The bitches ain't going nowhere! 1.00

02:01:09.000 And here's a song by one of them boys. 1.00

02:01:12.000 Save that money, Lil Dicky. 0.93

02:01:13.000 Oh, yeah.

02:01:15.000 Save that money! 0.90

02:01:18.000 He's one of them boys, right?

02:01:19.000 Yeah, he is.

02:01:20.000 They know.

02:01:22.000 Alright, anything else, Chris?

02:01:24.000 Yes, Rumble Chats.

02:01:25.000 Alright, cool.

02:01:27.000 The girls just walked in.

02:01:28.000 Cool.

02:01:29.000 Should I be careful applying for too many credit cards fast?

02:01:32.000 I've gone three in the past five months and invested an interest in another.

02:01:35.000 Yeah, you don't want to apply for too many credit cards.

02:01:37.000 It will hurt your score.

02:01:39.000 Not by a lot, but it's going to lower your score a little bit.

02:01:43.000 Yeah.

02:01:44.000 WFN, I've been on the program since early 2021 and improved my life significantly.

02:01:47.000 I'm now a data scientist looking for a third job to get my bands up.

02:01:50.000 There you go, my friend. 1.00

02:01:51.000 Good shit. 1.00

02:01:52.000 Third job. 1.00

02:01:53.000 Keep playing.

02:01:53.000 If you want to finance a 50K-ish property for Section 8, should I have it under sole propriety or LLC, you're going to want to have it under LLC. And I will talk to you all about how to structure your real estate business as well.

02:02:05.000 I have a whole...

02:02:06.000 Yeah, that's a whole other episode.

02:02:08.000 But I will do that for y'all, how I have my real estate stuff structured.

02:02:11.000 I actually just made a whole bunch of bank accounts and LLCs, all that shit.

02:02:13.000 I'll teach you guys how we did it step-by-step.

02:02:15.000 I'm in the process of doing it right now with Roger, so I'm going to walk y'all through that, man.

02:02:18.000 That one's going to be a lot of value.

02:02:20.000 Yeah, that's going to be one of the best real estate episodes you guys ever get, but I'll have it done and ready probably by August.

02:02:25.000 Hey guys, I'm starting the econ business for my mom's sugar waxing service.

02:02:29.000 Caramelized sugar is a hair removal product.

02:02:30.000 It's less painful, healthier, and less lasted two weeks.

02:02:32.000 Any advice for scaling slash marketing?

02:02:35.000 Social media.

02:02:35.000 Pay for ads.

02:02:38.000 We have a rule, and I agree with this on Brandon. 0.96

02:02:41.000 You don't really want to be paying for ads until you're making 10k a month bare fucking minimum.

02:02:44.000 Because ads become very, very expensive, guys. 0.91

02:02:48.000 It's a rich person's game, bro.

02:02:50.000 It is.

02:02:50.000 Facts.

02:02:52.000 Sergeant Shroom says, During 2020, I bought a plot of land to build my own ranch on.

02:02:56.000 I'm 20 now, officially broke, grown on it.

02:02:59.000 I've been doing landscaping in summer to pay for it, building it all myself.

02:03:03.000 Shout out to you.

02:03:04.000 And last but not least, M. Wood says two dues.

02:03:08.000 Two DUIs by 2016.

02:03:09.000 Just about to get my license back and out of that hole.

02:03:12.000 Avoid drinking completely.

02:03:13.000 Does nothing good for you.

02:03:14.000 Yeah, guys.

02:03:15.000 And yo, Wood, for you, bro, most states have the third DUI as a felony.

02:03:21.000 So, yeah, a lot of states.

02:03:22.000 I know Texas for a fact.

02:03:24.000 I think Florida as well.

02:03:25.000 So, bro, you better...

02:03:26.000 Someone like you, man, you need to quit alcohol altogether.

02:03:30.000 I tell you all the time, don't drink.

02:03:32.000 But any of you guys that have ever been arrested for a DUI, you need to drop the bottle now!

02:03:36.000 Imagine you're a grown-up man.

02:03:37.000 You're a grown-up man.

02:03:38.000 You can't drive a car.

02:03:40.000 What?

02:03:40.000 And now you're a convicted felon.

02:03:42.000 Bruv. 1.00

02:03:42.000 Because you wanted to fucking drink some Hennessy and drive a car. 1.00

02:03:46.000 Come on, man. 1.00

02:03:47.000 Come on, man.

02:03:48.000 I'll put your chick's host in a Lambo. 1.00

02:03:49.000 She's gone, bro. 1.00

02:03:50.000 Stupid. 1.00

02:03:51.000 Yo, man. 1.00

02:03:52.000 That's one of the worst ways.

02:03:53.000 Guys, I hate that I even had to have this conversation. 1.00

02:03:57.000 If you drink, I don't give a fuck if it's one beer, you better not fucking touch those keys. 0.99

02:04:02.000 I've never driven drunk in my life. 1.00

02:04:04.000 You guys want to know why?

02:04:04.000 Because I know the consequences are so severe.

02:04:06.000 It's an automatic 10k.

02:04:07.000 You're losing your license.

02:04:08.000 You lose your freedom.

02:04:09.000 You lose your ability to create wealth.

02:04:11.000 You lose your ability to create an income. 0.99

02:04:12.000 It fucks you up. 0.86

02:04:13.000 And next thing you know, now your families are on the hook. 0.96

02:04:14.000 Anyone here that's been a victim, not a victim, anyone here that's gone to DUI, etc.?

02:04:19.000 And I know this intimately because a co-worker that I used to be with, that I used to work with at Macy's, he had a DUI and his fucking sister or mom had to come pick him up all the time. 0.99

02:04:26.000 21 years old, 22 years old, grown ass man. 0.99

02:04:29.000 Bro, it's the worst and it's going to cost you money, lawyer fees, it's not fucking worth it. 0.98

02:04:32.000 And then the third one that you get is absolutely going to be a felony. 0.98

02:04:35.000 Now you're a convicted felon. 1.00

02:04:36.000 You can't buy a fucking gun. 1.00

02:04:37.000 You can't vote. 1.00

02:04:38.000 Can't get a job. 1.00

02:04:39.000 You're fucking done, bro. 1.00

02:04:41.000 Imagine you're on a date and shorty's like, oh, can we go to your crib after? 1.00

02:04:46.000 Yeah, let's Uber.

02:04:47.000 Next date.

02:04:48.000 Oh, let's go here.

02:04:48.000 Uber.

02:04:49.000 Wait, you don't drive?

02:04:50.000 Oh, I can't drive.

02:04:51.000 I got a DUI. Bro.

02:04:52.000 Lame, bro.

02:04:53.000 Yeah, man. 1.00

02:04:54.000 Bro, don't fucking do not get a DUI, guys. 0.99

02:04:59.000 Just like I tell you all the time, man, just don't fucking drink. 0.99

02:05:01.000 And if you are going to drink, have an Uber ready. 1.00

02:05:04.000 I don't give a fuck, man. 0.99

02:05:05.000 The number one killer of Americans a lot of times is car accidents. 1.00

02:05:08.000 A lot of times it's because of DUIs.

02:05:09.000 So, yo, Don't drink and drive. 0.99

02:05:11.000 I don't give a fuck if you have one beer. 0.99

02:05:13.000 Do you guys realize that one beer will have you blow over.08? 1.00

02:05:17.000 Damn. 0.99

02:05:19.000 Real talk. 1.00

02:05:20.000 For a lot of y'all, one beer will get you over.08.

02:05:22.000 Hell.

02:05:23.000 Hanukkah?

02:05:24.000 No, Chris, for you, Henny.

02:05:26.000 Okay.

02:05:27.000 All right, guys.

02:05:27.000 We're going to show some girls coming up right now, actually.

02:05:29.000 Yeah.

02:05:29.000 W Show.

02:05:30.000 Yeah, W Show, bro.

02:05:31.000 Gave y'all a lot of value.

02:05:33.000 Whoever's just doing the timestamps that's watching right now, man, do me a favor.

02:05:35.000 If y'all could do it by question, that'd be awesome because y'all asked a lot of good questions today.

02:05:38.000 I really enjoyed it, man.

02:05:40.000 But yeah, guys, those are steps of financial freedom with a bunch of added bonuses in there.

02:05:44.000 We gave y'all a lot of stuff.

02:05:45.000 Start now.

02:05:45.000 Like the video.

02:05:46.000 Start now.

02:05:47.000 Stop being a brokey. 1.00

02:05:48.000 Save that goddamn money. 1.00

02:05:49.000 Live below your means. 0.99

02:05:49.000 And if you want to get a mentor, rewind the part where I explain the reality of getting a mentor and how to set up yourself for a business. 0.99

02:05:55.000 Save that money.

02:05:56.000 Yep.

02:05:56.000 We love you guys.

02:05:57.000 We'll catch you back here with some lovely ladies. 1.00

02:05:58.000 Peace!

Fresh & Fit - July 17, 2023

5 Ways To Achieve Financial Freedom In 2023

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