Top 8 Proven Ways to GET RICH!
Top 8 Proven Ways to GET RICH!
Top 8 Tips for Financial Freedom
Top 8 Ways to Increase Net Worth
Top 8 Ways to Increase Income
Top 8 Ways to Build Wealth
Top 5+ Proven Ways to GET RICH!
Top 5+ Tips for Financial Freedom
Top 5+ Ways to Increase Net Worth
Top 5+ Ways to Increase Income
Top 5+ Ways to Build Wealth
© 2019 00crashtest
All rights reserved.
Everyone dreams of having financial freedom and taking a couple overseas trips each year. Well, here are some tips that are guaranteed to help you multiply your wealth.
Number 1. Buy in cash as much as possible.
For the purposes of this video, cash does not mean banknotes, but instead means buying without taking a loan. Interest rates in loans are how banks steal hard-earned money from people. While a 4% annual percentage rate (APR) may sound low, keep in mind that it is *compounded*, meaning that the remaining loan repayment is multiplied every year. This means the total loan repayment amount increases *exponentially*, not linearly, with time. So, for a 5-year loan, you'll actually be paying *10.4992%* more, not 4% more. For everything except real estate, only buy in cash, no exceptions. If you can't fully pay at once for a new fullsize SUV, you simply can't afford it. Instead, pay in cash for a used midsize crossover, minivan, small pickup, or smaller. Better yet, buy a beater car if you have less than 20K in savings. Don't even think about paying for the newest fanciest flatscreen TV with a loan. The people buying electronics with loans are simply financially *very uneducated*. As for real estate, over 95% of Americans and probably over 98% of people worldwide cannot afford to buy a property in cash, so it's excepted. But of course, if you have more savings than the price of the house you want, then *definitely definitely* pay in cash.
Number 2. Live frugally.
As some people know from the book *The Richest Man in Babylon*, *all* wealthiest people (multimillionaires and billionaires) have a fairly frugal lifestyle. Only spend on what you'll use often. Don't be the person who takes loans for the fanciest clothing every single season and then just let them sit collecting dust. Wear them until they're damaged. Drive your car "*into the ground*" (until it dies). "*Drive it 'til it dies.*" Don't trade in your car every 6 and a half years like the average person (as per IHS Automotive 2016-2018) to "keep up with the Joneses". Turn off everything except for the fridge and Wi-Fi when leaving the home in order to lower electric bills. Assuming that your power doesn't come from 100% renewable resources, it also helps that you use less electricity, creating less pollution and *saving the environment*.
Number 3. Career.
If you are not in or do not aspire to take a very competitive high-paying job, get a unionized job. That way, you'll have a fairly secure job, decent pay, and plenty of benefits. Better yet, get a government job, as you'll be virtually impossible to lay off. Then, you'll get plenty of life-long benefits after you retire. Furthermore, there are plenty of income tax deductions for many government workers. If your child aspires to get an exclusive job, let him be. If not, encourage him to follow your footsteps.
Number 4. College.
If you or your child plans on pursuing a career that does not require a degree, tell yourSELF, him, or her that university is just a *waste* of money. Don't think of attending university in this case. Community college is okay though as resident tuition fees are minimal--it's also helpful to have other qualifications as a safety net in case you get laid off.
Number 5. Buy *energy-efficient* products.
Less energy used means lower costs. The biggest energy cost to most people is of course gasoline. So, only buy a vehicle with a gas mileage of 18+ miles per gallon for a truck, 21+ miles per gallon for 7 people, and 25+ for 5. Generally, don't buy a motorcycle as your life is precious. Walk or cycle to close places. Only buy Energy Star appliances. Despite slightly higher purchase costs for Energy Star, the savings will quickly pay for the price difference. Again, it also helps that you're more *environmentally friendly*.
Number 6. Buy only *reliable* products.
Don't even think about owning or leasing an unreliable *Fix It Again Tony* Fiat 500. Likewise, *stay FAR away* from buying an *unreliable, endless money pit* like *Government Motors* (General Motors), Fiat Chrysler Automobiles, *Burn My Wallet* BMW, Mini, Mercedes, Volkswagen Group, Jaguar Land Rover, and Nissan (after Renault merger) vehicle. Instead, buy a reliable *Japanese* car like *Toyota, Honda*, Subaru, and Mazda, all of which normally last at least 300,000 miles and cost pennies to maintain. If you're patriotic, buy a *First On Race Day* Ford, especially an F-150, which is unsurprisingly both America's and Canada's top-selling vehicle by far. Just watch the *Scotty Kilmer* channel on YouTube.
Number 7. Find passive income streams.
Stocks (which will be discussed later) are one way. Start a YouTube channel like I have. Better yet, invest in rental properties if you can afford to buy them in cash. Passive income is literally *earning from "sitting and doing nothing"*.
Number 8. Invest.
Now what should you do with all your saved money? Well, never just let it sit in the bank, or even worse, hide it under the mattress, as *inflation* will eat it away. Sadly, in 1933, the United States dollar was no longer pegged to gold. The government thugs turned it into the *Ponzi scheme* called *Fix It Again Tony fiat currency* for the sole purpose of creating inflation, which I bet mainly was to *rob from the hardworking public*. Instead, at the very least no matter what, *invest* it into paper *gold* or paper silver, so you don't continually face inflation. The normal minimum is to invest in a house or condo (real estate), as even if housing prices crash after purchasing and never recover (like in the Rust Belt), you'll still not be a *wage slave* to a landlord. Sadly, you'll still be a wage slave to the government via property taxes, but at least it's minimal compared to rent. Better yet, invest into stocks as there are plenty of *stable* stocks that grow above inflation. Always look in the long term, like *30 years* into the future. *That's how Toyota succeeded in becoming the world's biggest and most popular automaker.* If you have children or even relatives, consider their future too as they'll inherit the money. So never kick your child out at 18, as that'll only hurt *both of you*. Instead, you'll multiply your family wealth via more active stock investment when you keep your children, like how it's done in basically all *non-English* cultures.
When even a computer is capable of exposing the financial system, you know how rigged the system is!
Please comment, rate, and subscribe to 00crashtest. ☺
Remember to ring that notification bell! ☺
Top 8 Tips for Financial Freedom
Top 8 Ways to Increase Net Worth
Top 8 Ways to Increase Income
Top 8 Ways to Build Wealth
Top 5+ Proven Ways to GET RICH!
Top 5+ Tips for Financial Freedom
Top 5+ Ways to Increase Net Worth
Top 5+ Ways to Increase Income
Top 5+ Ways to Build Wealth
© 2019 00crashtest
All rights reserved.
Everyone dreams of having financial freedom and taking a couple overseas trips each year. Well, here are some tips that are guaranteed to help you multiply your wealth.
Number 1. Buy in cash as much as possible.
For the purposes of this video, cash does not mean banknotes, but instead means buying without taking a loan. Interest rates in loans are how banks steal hard-earned money from people. While a 4% annual percentage rate (APR) may sound low, keep in mind that it is *compounded*, meaning that the remaining loan repayment is multiplied every year. This means the total loan repayment amount increases *exponentially*, not linearly, with time. So, for a 5-year loan, you'll actually be paying *10.4992%* more, not 4% more. For everything except real estate, only buy in cash, no exceptions. If you can't fully pay at once for a new fullsize SUV, you simply can't afford it. Instead, pay in cash for a used midsize crossover, minivan, small pickup, or smaller. Better yet, buy a beater car if you have less than 20K in savings. Don't even think about paying for the newest fanciest flatscreen TV with a loan. The people buying electronics with loans are simply financially *very uneducated*. As for real estate, over 95% of Americans and probably over 98% of people worldwide cannot afford to buy a property in cash, so it's excepted. But of course, if you have more savings than the price of the house you want, then *definitely definitely* pay in cash.
Number 2. Live frugally.
As some people know from the book *The Richest Man in Babylon*, *all* wealthiest people (multimillionaires and billionaires) have a fairly frugal lifestyle. Only spend on what you'll use often. Don't be the person who takes loans for the fanciest clothing every single season and then just let them sit collecting dust. Wear them until they're damaged. Drive your car "*into the ground*" (until it dies). "*Drive it 'til it dies.*" Don't trade in your car every 6 and a half years like the average person (as per IHS Automotive 2016-2018) to "keep up with the Joneses". Turn off everything except for the fridge and Wi-Fi when leaving the home in order to lower electric bills. Assuming that your power doesn't come from 100% renewable resources, it also helps that you use less electricity, creating less pollution and *saving the environment*.
Number 3. Career.
If you are not in or do not aspire to take a very competitive high-paying job, get a unionized job. That way, you'll have a fairly secure job, decent pay, and plenty of benefits. Better yet, get a government job, as you'll be virtually impossible to lay off. Then, you'll get plenty of life-long benefits after you retire. Furthermore, there are plenty of income tax deductions for many government workers. If your child aspires to get an exclusive job, let him be. If not, encourage him to follow your footsteps.
Number 4. College.
If you or your child plans on pursuing a career that does not require a degree, tell yourSELF, him, or her that university is just a *waste* of money. Don't think of attending university in this case. Community college is okay though as resident tuition fees are minimal--it's also helpful to have other qualifications as a safety net in case you get laid off.
Number 5. Buy *energy-efficient* products.
Less energy used means lower costs. The biggest energy cost to most people is of course gasoline. So, only buy a vehicle with a gas mileage of 18+ miles per gallon for a truck, 21+ miles per gallon for 7 people, and 25+ for 5. Generally, don't buy a motorcycle as your life is precious. Walk or cycle to close places. Only buy Energy Star appliances. Despite slightly higher purchase costs for Energy Star, the savings will quickly pay for the price difference. Again, it also helps that you're more *environmentally friendly*.
Number 6. Buy only *reliable* products.
Don't even think about owning or leasing an unreliable *Fix It Again Tony* Fiat 500. Likewise, *stay FAR away* from buying an *unreliable, endless money pit* like *Government Motors* (General Motors), Fiat Chrysler Automobiles, *Burn My Wallet* BMW, Mini, Mercedes, Volkswagen Group, Jaguar Land Rover, and Nissan (after Renault merger) vehicle. Instead, buy a reliable *Japanese* car like *Toyota, Honda*, Subaru, and Mazda, all of which normally last at least 300,000 miles and cost pennies to maintain. If you're patriotic, buy a *First On Race Day* Ford, especially an F-150, which is unsurprisingly both America's and Canada's top-selling vehicle by far. Just watch the *Scotty Kilmer* channel on YouTube.
Number 7. Find passive income streams.
Stocks (which will be discussed later) are one way. Start a YouTube channel like I have. Better yet, invest in rental properties if you can afford to buy them in cash. Passive income is literally *earning from "sitting and doing nothing"*.
Number 8. Invest.
Now what should you do with all your saved money? Well, never just let it sit in the bank, or even worse, hide it under the mattress, as *inflation* will eat it away. Sadly, in 1933, the United States dollar was no longer pegged to gold. The government thugs turned it into the *Ponzi scheme* called *Fix It Again Tony fiat currency* for the sole purpose of creating inflation, which I bet mainly was to *rob from the hardworking public*. Instead, at the very least no matter what, *invest* it into paper *gold* or paper silver, so you don't continually face inflation. The normal minimum is to invest in a house or condo (real estate), as even if housing prices crash after purchasing and never recover (like in the Rust Belt), you'll still not be a *wage slave* to a landlord. Sadly, you'll still be a wage slave to the government via property taxes, but at least it's minimal compared to rent. Better yet, invest into stocks as there are plenty of *stable* stocks that grow above inflation. Always look in the long term, like *30 years* into the future. *That's how Toyota succeeded in becoming the world's biggest and most popular automaker.* If you have children or even relatives, consider their future too as they'll inherit the money. So never kick your child out at 18, as that'll only hurt *both of you*. Instead, you'll multiply your family wealth via more active stock investment when you keep your children, like how it's done in basically all *non-English* cultures.
When even a computer is capable of exposing the financial system, you know how rigged the system is!
Please comment, rate, and subscribe to 00crashtest. ☺
Remember to ring that notification bell! ☺
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