This is such a simple concept that so many people miss entirely or just don’t fully understand. But the people who are financially successful seem to practice this on auto-pilot without even thinking about It, and this is what it is. Enjoy! Add me on Instagram/Snapchat: GPStephan
Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
The thing is, when it comes to growing your wealth and eventually crossing the million-dollar mark, no matter what you do, the reality is that you can only do so much on your own…you WILL need help. And this is what many current millionaires understand really, really well. There’s only so much they can generate on their own before they reach a plateau in terms of performance, and this is where this strategy kicks in and takes over.
Consider this - even if you’re able to SAVE $50,000 per year after your expenses and taxes, it’s going to take you 20 YEARS to become a millionaire. So what do most financially successful people do, instead? They get help…in the form of using their money to work for them.
This is what nearly EVERY SINGLE financially successful person I’ve ever met does. No matter WHAT you do, whether you’re paid hourly, paid on a commission, or paid passively…beyond a certain level, you will NEED to put your money to work to make you more money. The money you save is most valuable money you have, and it has the potential to grow far beyond what you can earn with your time.
And this is what almost every single millionaire I’ve ever met does…they will work, save, invest, repeat. But the “invest” part snowballs to a point where eventually, you make more money through your investments than you can possibly earn with your time. Even now, I’d say the money I make from buying properties and INVESTING almost matches the income I make as a Real Estate Agent….this is powerful, because I’ve essentially almost doubled my income without doubling my work load. I’m sure over the next few years, I’ll actually start making MORE investing than I can earn with my own time as a Realtor.
So you will, too, at some point in time, do the same thing if you want to expedite your wealth. Utilize your money as a TOOL to generate more money in the form of investing. And this, unfortunately is what most people miss - even though it’s obvious, only a small percentage of people actually do this. So just by knowing and being conscious of this with your money, you’ll be in a better position to take advantage of this and eventually have your investments working for you, instead of you working for money. Investing, above everything else, is going to be the clear path to be independently, financially independently.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
The thing is, when it comes to growing your wealth and eventually crossing the million-dollar mark, no matter what you do, the reality is that you can only do so much on your own…you WILL need help. And this is what many current millionaires understand really, really well. There’s only so much they can generate on their own before they reach a plateau in terms of performance, and this is where this strategy kicks in and takes over.
Consider this - even if you’re able to SAVE $50,000 per year after your expenses and taxes, it’s going to take you 20 YEARS to become a millionaire. So what do most financially successful people do, instead? They get help…in the form of using their money to work for them.
This is what nearly EVERY SINGLE financially successful person I’ve ever met does. No matter WHAT you do, whether you’re paid hourly, paid on a commission, or paid passively…beyond a certain level, you will NEED to put your money to work to make you more money. The money you save is most valuable money you have, and it has the potential to grow far beyond what you can earn with your time.
And this is what almost every single millionaire I’ve ever met does…they will work, save, invest, repeat. But the “invest” part snowballs to a point where eventually, you make more money through your investments than you can possibly earn with your time. Even now, I’d say the money I make from buying properties and INVESTING almost matches the income I make as a Real Estate Agent….this is powerful, because I’ve essentially almost doubled my income without doubling my work load. I’m sure over the next few years, I’ll actually start making MORE investing than I can earn with my own time as a Realtor.
So you will, too, at some point in time, do the same thing if you want to expedite your wealth. Utilize your money as a TOOL to generate more money in the form of investing. And this, unfortunately is what most people miss - even though it’s obvious, only a small percentage of people actually do this. So just by knowing and being conscious of this with your money, you’ll be in a better position to take advantage of this and eventually have your investments working for you, instead of you working for money. Investing, above everything else, is going to be the clear path to be independently, financially independently.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
“Millionaires aren't out there buying Lamborghinis. They make purchasing decisions based on their current financial status and their goals. They're rich because they're good at money – not spending it.” ~
Since you put the South Park clip in this video does that mean you're not making money on this video or how does that work?
Im a Robot 🤖 who watches graham videos in Dallas
Rule #1 of money: always be investing
as long as 'apple problems' are the focus at school, chasing the latest Apple gadget without being able to afford it will remain. I'm a teacher, want to change that
"He sold all of his apples for a dollar fifty"… so he has $1.50 more than he had before selling his apples.
I agree 100%. Something so simple and obvious, but most people do not know these concepts. After reading "Rich Dad Poor Dad" I completely changed my view on money and investments. I read many other books after that, and I made the decision to achieve my financial freedom as soon as possible. I adopted a simple lifestyle and I can invest every month around 70% of my earnings. Thank you for the precious insights.
Graham Stephan So what if you can't afford to invest $50,000 a year, but you can invest a much smaller amount? What would you recommend then and what are your extrapolations?
Cartman!!
Way too many fucking ads to be bearable to watch
18 both questions
Graham the goat!!! 🐐 🙌
Basic lesson that a lot of people forget thanks for reminding me
Johnny would have 18 apples sold for $1.5 totaling $27! Keep up the good work brother.
Jonny has $18/apples?
$27 but Johnny is constantly loosing real value against inflation. Johnny should have planted his apple seeds to grow more apples, but Johnny can’t delay his gratification which is why Susan dumped Johnny for his landlord, Graham, via text.
"Independently! Financially independently!" 😂😂😂
What’s up with the cheesy video plug at the end: independently financially.
Ive been an amazing saver with no debt but a paralyzed investor. It's tough determining what investment is the best route. Stocks feel like they are about to crash, real estate seems like its at a peak. FACK!
Do you need any qualifications to start helping people find homes to rent?
Good thing most people can't/won't become millionaires…otherwise money would be worthless.(sarcasm)
Good tips Grahm, where can I get reliable 8% return besides real estates? Also $50,000 at age 20??? how..
I really want to get into real estate but have a guilty feeling profiting from rising housing market causing more stress for the poor
Graham, you should have stock in that company that you use that calculator for.
Graham, one thing I want to know, where do I find buyers for my property. currently trying to sell my first property but I cant seem to get any hits or people interested. am I priced wrong? or what can I do to attract people to the property to get it sold faster. (or maybe if you want to buy it)
😎 cool video
How exactly do we invest though?
Indeeependently. Financiiiialy, Indeeependently!!!!
Great video, once again! What have you invested in?
You should look into virtual reality as a way to show your houses to prospective buyers and also as a marketing tool for getting new clients. Im not sure if this technology is developed enough but it is in the works.
My favorite youtuber!
that's alot of apples
What advice do you have for international students wanting to start with real estate?
Youre one of the awesome YouTuber! Thank you for providing such a useful real life financial Information! Hope you hit that 1 million sub real soon! Keep spreading knowledge and Love! — all the way from other side of the earth.
You need a hairline