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Why You Will Never Get Rich ๐Ÿ’ฐ

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Everyone wants to get rich. Everyone wants to make more money and become successful. The truth is, there are three core reasons I have come across that prevent people from ever becoming rich. If you do these three things, you will never get rich! FOLLOW ME ON INSTAGRAM FOR DAILY MOTIVATIONAL CONTENT โœ”๏ธ @ryanscribnerofficial _______ Ready to start investing? ๐Ÿค”๐Ÿ’ธ BETTERMENT: "Passive investing, they manage everything for you." ๐Ÿ“ˆ http://ryanoscribner.com/betterment STASH: "Round up your spare change and invest automatically." ๐Ÿ’ฐ http://ryanoscribner.com/stash ROBINHOOD: "Invest in individual stocks commission free." ๐Ÿน http://ryanoscribner.com/robinhood FUNDRISE: "Passive real estate investing, 8 to 11% returns." ๐Ÿ  http://ryanoscribner.com/fundrise M1 FINANCE: "Invest in partial shares of stocks like Amazon." ๐Ÿ“Œ http://ryanoscribner.com/m1-finance LENDING CLUB: "Become the bank and make interest on loans." ๐Ÿฆ http://ryanoscribner.com/lending-club COINBASE: "Get $10 in free Bitcoin (when you fund $100)." โญ http://ryanoscribner.com/coinbase _______ Want more Ryan Scribner? ๐Ÿ™Œ FREE INVESTING COURSE โ–ถ๏ธŽ http://ryanoscribner.com/free-course FACEBOOK GROUP FOR ENTREPRENEURS โ–ถ๏ธŽ https://www.facebook.com/groups/164766680793265/ COURSE CREATION COMPANION โ–ถ๏ธŽ http://ryanoscribner.com/course-creation-companion LIKE MY FACEBOOK PAGE โ–ถ๏ธŽ https://www.facebook.com/ryanoscribner/ PASSIVE INCOME MASTER CLASS โ–ถ๏ธŽ http://ryanoscribner.com/passive-income _______ Premium Educational Programs ๐Ÿง PRIVATE STOCK MARKET INVESTING SITE ๐Ÿ“Š http://ryanoscribner.com/stock-radar STOCK MARKET INVESTING COURSE ๐Ÿ“ˆ http://ryanoscribner.com/stock-market-investing-course _______ โ˜…โ˜†โ˜… WEEKLY STOCK RADAR GIVEAWAY! โ˜…โ˜†โ˜… Each week, I will be giving away a free membership to Stock Radar. I will be picking one person who does any of the following ๐Ÿ‘‡ 1๏ธโƒฃ LIKE MY FACEBOOK PAGE https://www.facebook.com/ryanoscribner/ 2๏ธโƒฃ ADD ME ON INSTAGRAM https://www.instagram.com/ryanscribnerofficial/ 3๏ธโƒฃ COMMENT #StockRadar ON ANY OF MY VIDEOS _______ Ready to keep learning? ๐Ÿค”๐Ÿ“š My Favorite Personal Finance Book ๐Ÿ“˜ https://amzn.to/2NiyDiz My Favorite Investing Book ๐Ÿ“— https://amzn.to/2KEyd7D My 2nd Favorite Investing Book ๐Ÿ“— https://amzn.to/2tZmxBU My Favorite Personal Development Book ๐Ÿ“• https://amzn.to/2KJKgRn Not a fan of reading? Join Audible and get two free audio books! โŒ๐Ÿ“š http://ryanoscribner.com/audible _______ DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. (Send me something) Scribner Media LLC PO Box 641 Ballston Spa, NY 12020 Support the channel with a donation... BTC = 1BRJhB1nuTum9sZ5huBbJwmq66Lqw7Tcac ETH = 0x9A760ef81625Ff32E0A1245F2B5D2d4aEE9E6543 LTC = LQTn2XdpKxJf527ZvYT4xXTnix7BTtXwqg
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Text Comments (4523)
Ryan Scribner (6 months ago)
Are you interested in learning more about investing in the stock market? If so, I have a free course on *How To Find A Great Investment* here: http://cli.re/GRdkZN
ruperto calanoc (18 days ago)
How.
James Johnson (2 months ago)
Ryan Scribner Are you rich?If not I can't take you very seriously.Sorry.
Jeremy Voight (3 months ago)
Ryan Scribner
BARACKOBAMA (4 months ago)
if food has color, why is shit always brown?
Naruto Uzumaki (5 months ago)
Ryan Scribner I have one regret. CANโ€™T LIKE THIS VIDEO ENOUGH!!
FinanzFerdinand (1 minute ago)
A house is an investment. A car, yes, bullshit unless its a classic appreciating in value.
lenny108 (6 days ago)
Becoming rich also requires to have that karma. Not everybody can become rich. Usually, people who have that karma earn the first million after ten years. Even when they do nothing spectacular โ€” only selling potatoes.
Hello India Hi dosto (8 days ago)
Super bro
Mac (9 days ago)
exactly iโ€™m not getting a house till iโ€™m way older iโ€™m 19 now, iโ€™ll stick with an apartment plus iโ€™m going to travel
chebet rogers (9 days ago)
whatever man , I enjoy my life as i work .
Marcus Adonis (10 days ago)
I don't need to get rich, I just don't want to work like a slave.
NingaGinga14 (11 days ago)
I think the thumbnail explains it pretty well.
Youtube Video Ranker (11 days ago)
Not far to go. Your video is currently ranking #4 for the keyword: 'how do i get rich'. I can show you what other keywords you rank for. Would you like to know?
R S (13 days ago)
Is it because I have to shit and don't wanna ride a bike having to take one or is it cause you can't stfu and mind your own biz
Anthony Hernandez (14 days ago)
Good Shit!!
Dirt 117 (14 days ago)
Not only is is your experience from talking to your friends and listening to their experience... but itโ€™s simple math too man lol. I hate how you always leave that out of your videos. Math!!!
gpk (16 days ago)
2 million people want to become rich
Joel Anthon (20 days ago)
very true. sooo many people buy things based on what others around them buy to keep up an image they think they have to attain. I think we all do in certain ways, but your right some people do way more than others especially with big purchases like big houses or expensive cars that there going to be spending the rest of their life paying off. In a way, to get rich it's like outsmarting the system and it takes self-control and patience.
Merrit Olson (21 days ago)
Lol, I'm looking at the two houses thinking I'd take the "poor man's" house over the "rich man's" house.
Joey Boland (22 days ago)
I'm currently a 20 year old college drop out, just starting to get my finances on track. I currently take home just over $2000/month from my regular job, along with a little bit of extra money from side jobs. I just bought a 30' camper which I live in, parked on my uncles property, and just split the utilities. I paid $200 for the old beat up rusty pickup truck I drive, and currently I live off of about $1000/month of my income, while $500/month goes into savings, and another $500 goes towards paying off my debts (currently at about $4000, and all interest free, so should all be gone within a year). Once I've paid off my debts, assuming my income stays the same, I will have $1000/month going into savings, or more if I am able to increase my income by then. Definetly possibly to accumulate wealth with a menial income, as long as you live below your means.
azuolas jakubauskas (23 days ago)
You're are the best!
Ryan Scribner (21 days ago)
Thank you!
John Rildo (25 days ago)
That's stupid. Let's just make a better economy where every one gets to be rich, and no one gets to be significantly richer than the majority. That way there can be no abuses of power and no racist bigots oppressing poorer groups and individuals.
RS1 (26 days ago)
Ehh... Work more then 40hrs a week but stop spending time to get money.. ๐Ÿค”
Danny (26 days ago)
Iโ€™ve always wanted to be rich, but shit. I still do. You never know when itโ€™s your time. I believe in treating yourself and buying that car you want or that house IF YOU CAN AFFORD IT. It might prevent you from being โ€œrichโ€ but if youโ€™re able to live comfortably, go for it.
Rodney Johnson (28 days ago)
The way my finances go I only buy the bare necessities I save every dollar I can put it into the bank put it into a CD certificate of deposit or whatever it's called or put into a savings account and not only that I save my change I don't buy name-brand I buy generic and I don't go out hardly at all for meals whatever I eat at home and raise all the food that I can for myself here in a garden and I buy in bulk for instance was comes to meet I have a whole cow butchered for me at once and it cost for Less per pound than buying it at the store also by several times a week at a time for breakfast cereal and whatnot and my vehicle is always a cheap second-hand vehicle that gets good mileage and my home is just a simple 3 bed 2 bath house that didn't cost much at all as a result I have money in the bank my money is earning interest I am spending less money I don't give a damn what other people around me have I have what I need and I have money in the bank in case I need it for emergencies and someday maybe I'll actually be able to get rich when I find other ways to make my money work for me
The Valiant Investor (26 days ago)
That's not so good
Gediminas Strockis (30 days ago)
Absolutely true
John Clamshell SP (30 days ago)
I pay in full with cash. Paid now and forever.
John Clamshell SP (30 days ago)
Just remember here folks, you live poor because you did it to yourselves.. The folks who should have money do not. ONE major reason is the US citizen is $13.7 TRILLION in debt. YES, citizen debt is $13.7 TRILLION. The big issues is US citizens live on credit cards and over budget mortgages. Want a mortgage? Want to know what you can afford? Base your mortgage on 15 yr note dollar amount. Want a car? Look how much a car payment for the car you want, put that aside for three years, then buy that same car three years old and paid off.
The One Dollar Show (1 month ago)
Boi. I be living in Vancouver with the rents through the roof, nobody can afford housing, AND the wages are the lowest in CANADA! Well ... time for an insurance claim lol :'(
Stanimir Georgiev (1 month ago)
Hey dude, you are very right in the point of you thinking.
Ryan Scribner (1 month ago)
Thank you Stanimir!
Ethan Johnson (1 month ago)
what is Serbibia?
Ethan Johnson (1 month ago)
22 old kid!? wtf?Thats an adult
R Arbuckle (1 month ago)
I disagree about passive income. You are describing a high risk life without considering the consequences. The rest is true, but oversimplified observations without consideration for the underlying logic.
Ethebarber Cutz (1 month ago)
Best advice in this channel!! Reminds me of the quote. "Don't expect to fly like an eagle if hang with a herd of pigeons."
Aka1330 \Gaming (1 month ago)
What if I just turn 18 and have to get a fast food job so you can actually have money to invest ?
Wardo Kings of Twos (1 month ago)
I would ratber have what I have than a full time 40k job rigbt now. I would trade my rap career for a 100k sales job instanty. I would rather have my bills paid for the rest of my life, have 2 companies, have a rap career that is progressing. Than have income at 23 years old at this state.
Tom (1 month ago)
poor people are busy looking rich while rich people are busy being rich
Fuad Al-khulaifi (1 month ago)
Please add Arabic in your videos!.
DHANANJAY CHANDRA (1 month ago)
Every channel is making the same video.. Why u would never be rich!!
Bryan Kyrish (1 month ago)
Itโ€™s nice to see a young man like you being blunt.
Ryan Scribner (1 month ago)
Thanks Bryan!
INTJ 10 (1 month ago)
I need to listen to this 10000 time !
Derka Derka (1 month ago)
The asset rule. Makes sense.
Teodoro Bermudez (1 month ago)
THANK YOU RYAN!!!! EVERY FREAKEN COLLEGE SHOULD SHOW STUDENTS THIS VIDEO! Very educational!
Ryan Brewer (1 month ago)
I just want a shed or pole barn in the woods, preferably with 50+ acres of land. That would make me the happiest man in the world. Edit: and no debt
Evadney Armani (1 month ago)
Thank you
Julian Kazmier (1 month ago)
Poor will never live in a nice house
Erik F (1 month ago)
Leveraging a down payment to get 20x as much from a bank to invest in a house is a potentially great way to make your money work for you
Camerons Car Reviews (1 month ago)
If all you want is to earn more money to get the material possessions in life that is an extremely hollow goal because a lot of the things that we have in life we are able to rent from apps now like cars or certain things, plus there will always be someone who has more or who is going to be more rich like the Rockefellers. The fact that our own government is trillions of dollars in debt shows you something is fishy and I highly recommend for the people to not reproduce or have a family due to this.
Angie Becerra-Flores (1 month ago)
Exactly today I realized that starbucks is not where I want to be forever
Bobby Tredwater (1 month ago)
You are Focusing on Dumbshit........Word!!!!!!!!
Paperface Chance (1 month ago)
You'll never get rich by working? what the fuck? if your time equals money you'll never get rich? You cant get rich from active income? tell that to all my contractor friends who take home 6 figures and that's not what their business generates or profits, that's just their personal take home. even i have a llc for concrete pumping and between my 2 pumps i regularly see 25k a month for at least 8 to 10 months out of the year. And then you say buying a nice house makes you poor?? Umm owning a home is an asset and increases your net worth?? They usually gain value? An appreciating asset like a house is what makes people poor?? I literally could not finish this video its soo bullshit, get off youtube and go back to whatever near min wage job your uneducated ass came from.
salvador quetzecua (1 month ago)
R u rich ?
Felix Felix (1 month ago)
We never grow up. Gotta keep buying toys with our money. Mostly wasted
BVale (1 month ago)
Another reason for being house broke is the money wasted for years on mortgage interest. It's not much better than just renting. Don't buy a big house, but do buy a home-- even a "trailer" ASAP, go for the shortest mortgage you can, and pay it off early! In youth, I lived for ten years in two mobile homes, partly out of a sense of economy and partly because I wasn't living where I wanted to spend the rest of my life and didn't want to be tied down by a full-fledged _house_ . Then I got a job in a dream location, and right away I wanted to buy a house so badly I could taste it. I chose a small _pied-a-terre_ in a racially mixed working-class neighborhood, but the neighborhood was improving. The sale of my mobile home gave me enough for a 20% down payment, the mortgage was for ten or fifteen years only, I paid it off in five years, and lived there until I retired with enough invested to be where financial advisors say a retiree should be. Now I own my dream home as well on a ten-year mortgage, and hope to pay that mortgage off in five years too. If the interest rate weren't so low, I could have paid cash.
Jan Carlos (1 month ago)
love this!
Iki Z (1 month ago)
Active income does make you rich, it's just a matter of how much income.
animeswitch (1 month ago)
if your buying things to impress people then you must already be rich to buy those things tho?
SoperX2 (1 month ago)
People who spend alot of money probably makes more than their spend
Jaz white (1 month ago)
Real talk...... Love this
Ryan Scribner (1 month ago)
Thanks Jaz!
Spiffy Pictures (1 month ago)
I know! *cries*
Ramone' Detroitguam (1 month ago)
lol
Journey Flores (1 month ago)
i love it when you swear....hot :)
Orvpogi Alter (1 month ago)
House is also an investment... Bought my house for $300 Durin housing bubble Now its $550 So i guess buy low and sell High and yes We do pay high property tax But that keeps away the bugs of a society...
FellTheSky (1 month ago)
The key are savings. Thats why banks promote this consumption society, where you have to change car, cellphones, watches, buy houses, etc. Banks are getting richer, people are getting poor.
Mr Pickle (1 month ago)
Whatโ€™s the point of chasing money when you wonโ€™t live very long on earth. Letโ€™s become high character people with love and respect for life, nature and animals. Green paper shouldnโ€™t be the primary goal in life. Iโ€™m not rich and Iโ€™m happy with my life. Stop trying to be like everyone else and be content for what you have. This world is all about competition and attention seekers. This is a sick world and all we care about is how to become rich. Everything around us is suffering and dying but we turn the blind eye to that cause weโ€™re so hypnotized by money. Itโ€™s time to wake up people and letโ€™s become a better humanity.
kc4ril (1 month ago)
yeah this guy knows what he's talking about. I spent my 20s working for hourly wages and trying to keep up with my friends, but in my 30s I started to try follow similar advice to the vid and finally started getting ahead and making significant investments.
Mike Kors (1 month ago)
I thought the term was โ€œhouse broke/poor.โ€
Bluegrass & Flatpicking Guitar Channel (1 month ago)
Heยดs right!
Josue Hernandez (2 months ago)
I be working for walmart all my life i love the job I'm happy with my life it does not matter if I'm poor we all gone die anyway
Ryan Roth (2 months ago)
#stockradar
V DAWG (2 months ago)
I get it now amazing mind blowing
RK (2 months ago)
I'm 28 and done some dumb shit including buying a car I can't afford. Got 3 years left on the payment but I'm learning my lessons now hopefully in 5 years I'll be Soo much better off!
RK (2 months ago)
Ryan Scribner definitely man. So glad I found your channel! Learning loads. Cleared my credit card debt today now going to start picking away at my car loan!
Ryan Scribner (2 months ago)
At least you learned this lesson young!
Zinger3 (2 months ago)
Nobody gives a fuck. One of the best simple life lessons you can ever learn.
Zatch SMP (2 months ago)
I like this guy lol Iโ€™ve always had this mind set. Lots of idiot rat racers out there.
Yora (2 months ago)
I loove your advice!! Nobody I know in Norway are on youtube and when Iโ€™ve said that I want to become a youtuber they look kinda weird at me haha ๐Ÿ˜ But I think itโ€™s worth pushing through!
Ryan Scribner (2 months ago)
Thats awesome to hear! Glad you like my content!
Super Saiyan Beyond Blue (2 months ago)
I am Rich
Hitesh Rawal (2 months ago)
Bro you are saying that donโ€™t buy luxury cars. So why do we wanna get rich?
Red Brick (2 months ago)
Wisdom
Valentin Filipov (2 months ago)
Nice video mate...but you should add that, people have to follow they're passion, the goal for succes should't be the money , it's that you have to become professional in what you love to do the most...Than the money comes
LittleCross Rodriguez (2 months ago)
so well said
Ryan Scribner (2 months ago)
Thanks for watching!
J Poppinga (2 months ago)
We buy things we don't need. With money we don't have. To impress people we don't like.
A42yearoldARAB (2 months ago)
Being rich means buying whatever car or house you want. So canโ€™t base everything off that analogy, while it does save money to have an old house or car, it wouldnโ€™t matter to a โ€œrichโ€ person. Furthermore, if you are rich like you said with all old stuff, your money will just end up with someone else when you die. Is buying a car an investment? Of course not, but that doesnโ€™t speak for what else you have going on. Can a poor person buy a nice car? Maybe for a couple months before itโ€™s repoed you could say. Though I agree on the last part 100%, clocking in and out forever is never gonna get you where you wanna be, unless you go to school and get an actual career not a job. That way you have the extra cash to invest as you also said.
Moniec, Milo & Miles Hayden (2 months ago)
You are correct. Multiple streams of passive income is the only way by multiple smart long term Investing. We do. And I'm only 14 my brother is 9. Anyway, your correct. ๐Ÿ™๐Ÿ‘Š-MILO
Leon Digital Nomad (1 month ago)
Wish i had your clarity and ambition at even twice your age. Go for it kid and congrats!
Anthony Greene (2 months ago)
"You are focusing on dumb shit" lol that's the truth
tim neal (2 months ago)
I love this young man. Life is a journey and I can tell you one thing for sure. What you think is reality now will be completely different in 30 years. Tim
Ryan Scribner (2 months ago)
Thanks Tim! Glad you enjoyed the video!
ST16 (2 months ago)
Preach it ! ๐Ÿ‘
Vhera Maitem (2 months ago)
Just WOW. I've been watching success tips but these are way deeper. Hit me like a my alarm clock. Thank you!!
Ryan Scribner (2 months ago)
Thats awesome to hear Vhera! Glad it helped!
D V (2 months ago)
Question: you say 40h/week is not good, but follow in this video that you need to. Which is it? Thx
Braeden Jones (2 months ago)
u r wrong because i jst got 20 dollars in 10 minuestes boi think about that
S K (2 months ago)
This video is GREAT.
Ladco77 (2 months ago)
To be rich, you have to fail. Only the exceedingly lucky will ever get rich without failure. Most of the successful people out there got that way after failure, sometimes a long string of failures. The key was they never gave up. You can't be afraid to fail. If you fail, learn from it, improve, and try again. Also, whether you make ten thousand a year or ten million a year, you have to live on less than you make. Living paycheck to paycheck guarantees nothing will ever get better than your last paycheck.
petersocial[.com] (2 months ago)
Time to get your money right!
Tao33316 (2 months ago)
No one gives a fuck, you're 100% right. Just do your thing. Be happy! You are wise at 22. There are many old fools.
NeeSee (2 months ago)
Oh my gosh I needed this today... Thank you โค
Ryan Scribner (2 months ago)
No problem! Glad you liked it!
Kyn Chan (2 months ago)
Step 1: Work for other people, learn off them, save that money. Key skills to learn are sales, promotion, business organization and serving customers. Key qualities to develop are hard work, steadfastness, willingness to learn, willingness to build a credible reputation and frugality. (When starting out most people know very little and don't have the courage to sell. Working for other people allows you to learn on the job, practice the skills you need, come into contact with the people who can help you become rich eg customers and earn some money.) Step 2: Scale up what works and invest. (Step 1 and Step 2 can be done in the same day. Many rich people work for a boss. It is quite unusual to have the capital and skills all at the start. Just saying invest at the start can be very confusing because if you only have $100 and you manage to double it in the stock market for instance the result is $200. Doubling is quite a rarity and you'd probably starve waiting for that to happen.)
Kyle Gonyer (2 months ago)
This video just says the same thing over and over. No crap. Elaborate
VS Channel (2 months ago)
thanks for this video!
VS Channel (2 months ago)
thanks for this video!
google user (2 months ago)
the smartest way to save money is to invest it in so many lucrative business and live with cheap life so rather than you lose your money it would get double as it was
google user (2 months ago)
yep when a poor earn money they just recklessly spend it buying a million dollar mansion sneakers cellphone clothes foods hilarious travela etc and party here party there so they lose their money so easily
YouTube man Swagroy21 (2 months ago)
I drive and mod cars for myself becaise its a interest
Virginia Jimenez Makeup (2 months ago)
''One person pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth''. Proverbs 13:7 It's biblical, people. Stop living like you're rich when you're not and start working on building wealth instead even if you look like you're poor.
Myles Franklin (2 months ago)
allllll FAX
Myles Franklin (2 months ago)
this man spitting FACTS!