The Book That Changed My Financial Life 🤑

2024 ж. 15 Мам.
3 454 879 Рет қаралды

In this episode of BOOK CLUB, we're talking about 14 money rules I follow to build and keep wealth which I learned from reading Morgan Housel's book 'The Psychology of Money'. These lessons have helped to change my outlook and attitudes to money and are super useful to learn early on in your journey to financial independence!
- Sign Up To Curiosity Stream To Get the FULL version of this video with all 14 lessons on Nebula: curiositystream.com/ali
- Buy The Psychology of Money: geni.us/5opc3P
- BOOK CLUB Playlist: • Book Club
🍿WATCH NEXT:
The Book that Changed How I Think About Habits: • Tiny Changes, Remarkab...
The Book that Most Changed My Life: • The Book That MOST Cha...
The Book that Changed My Love Life: • This Book Changed my L...
The Book that Changed My Relationship with Time: • This Book Changed my R...
Timestamps:
00:00 Intro
00:26 Lesson 1 - Everyone has different attitudes towards money
01:18 Lesson 2 - Don’t underestimate the importance of luck
01:51 Lesson 3 - Learn to say “this is enough”
04:11 Lesson 4 - Appreciate the magic of compounding
05:30 Lesson 5 - Save as much as you can
06:59 Lesson 6 - Focus on not screwing up
08:13 Lesson 7 - Use money to buy freedom
09:10 Lesson 8 - Getting wealthy is different to staying wealthy
10:18 Lesson 9 - Don’t be a flashy twat
11:17 Lesson 10 - Leave room for error
12:35 Lesson 11 - Avoid extreme financial commitments for your future self
13:45 Lesson 12 - Be reasonable rather than rational
💌 Sign up to my weekly email newsletter - go.aliabdaal.com/subscribe-su...
MY FREE ONLINE COURSES:
🚀 Productivity Masterclass - Principles and Tools to Boost Your Productivity -
go.aliabdaal.com/course/produ...
🎓 How to Study for Exams - An Evidence-Based Masterclass - go.aliabdaal.com/course/studying
🎬 KZhead for Beginners - Everything You Need To Know To Start - go.aliabdaal.com/course/YouTu...
MY CREATOR COURSES
🎬 Check out my free 7 day email course on how to become a part-time KZheadr: aliabdaal.com/part-time-youtu...
🏆 Creatorpreneur - My flagship course for scaling up your creative side-hustle → creatorpreneur.academy/course
🗣 Camera Confidence - My self-paced course on how to improve your creativity, career, or communication skills → cameraconfidence.aliabdaal.com/
MY FAVOURITE GEAR
🎥 My KZhead Camera Gear - kit.co/AliAbdaal
⌨️ My Keyboard - Wireless Coral mechanical keyboard (Cherry Blue) -go.aliabdaal.com/keyboard
📝 My favourite iPad Screen Protector - Paperlike - go.aliabdaal.com/paperlike
🎒 My Desk Accessories + Todo List - Ugmonk - go.aliabdaal.com/ugmonk
🎙 Check out my weekly podcast, Deep Dive - / deepdivewithaliabdaal - It's also available on all podcast platforms, including Spotify, Apple Podcasts etc.
MY FAVOURITE TOOLS
🚀 VidIQ - How I optimise my KZhead videos - go.aliabdaal.com/vidiq
✍️ Shortform - The BEST summaries of books - go.aliabdaal.com/shortform
📚 Readwise - How I remember what I read - go.aliabdaal.com/readwise
🎵 Epidemic Sound - Where I get my music (amazing for KZheadrs) - go.aliabdaal.com/epidemicsound
MY KEY LINKS
🌍 My website / blog - www.aliabdaal.com/
🐦 Twitter - / aliabdaal
📸 Instagram - / aliabdaal
WHO AM I:
I’m Ali, a KZheadr, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (kzhead.info/tools/hfo.html..., and I write a weekly email newsletter that contains some quick thoughts + links to interesting things (go.aliabdaal.com/subscribe-su....
PS: Some of the links in this description are affiliate links that I get a kickback from 😜

Пікірлер
  • its kinda crazy how no one talks about Nixorus and book called Ancient Wealth Wisdom

    @Aurelijegas@AurelijegasАй бұрын
  • drop everything you're doing and find an ebook called making money your reality, trust me on this

    @EnigmaEarningsExpedition@EnigmaEarningsExpedition28 күн бұрын
  • I really like how thorough you are and how well you explain everything, and the book is amazing as well. There's also a book I would recommend that you add to your book club called ancient wealth cipher, that book saved me financially and helped me learn things about money I never knew existed and were possible. Anyways keep up the good work!

    @F3RY20@F3RY2017 күн бұрын
  • I love how fast he talks. Doesn’t waste time and gets straight to the point. I appreciate humans like this. I subscribed.

    @rileydawnofficial4335@rileydawnofficial43352 жыл бұрын
    • He just sped up his video by 25%, switch the speed to 0,75 to see him talk like every other human 😅. Those KZheadrs…

      @maximiliankiel2996@maximiliankiel2996 Жыл бұрын
    • @@maximiliankiel2996 he really speaks fast...

      @bravokarthi6600@bravokarthi6600 Жыл бұрын
    • @@maximiliankiel2996 Lol what? You can tell it's his normal talking speed. He has podcasts with other people where he speaks the same way. What a strange comment to make.

      @starmorpheus@starmorpheus Жыл бұрын
    • Yeah no, I don’t. It’s hard to follow. Thank god for the speed button.

      @bjcee@bjcee Жыл бұрын
    • @@maximiliankiel2996 i

      @zakariasoulaymani5364@zakariasoulaymani5364 Жыл бұрын
  • “Savings = Income - EGO” was my favorite quote

    @pearlgirl@pearlgirl2 жыл бұрын
    • Yeah, everyone should stop keeping up with the Joneses!

      @avenue2revenue@avenue2revenue2 жыл бұрын
    • Wow, best quote ever 👏😍

      @VedavyasRS@VedavyasRS7 ай бұрын
  • "There is no reason to risk what you have and need, for what you don't have and don't need." I really liked the quote.

    @samonearth9507@samonearth95072 жыл бұрын
    • i purchase my home at age 19, and now own 10 houses but will not take risk that "sense of security" Most individuals from previous investing and now broke and dead, because of chasing money that their bodies couldnt keep up!! fools and senseless way of living. Ego and Status Models that rip the soul.

      @srourfamily@srourfamily Жыл бұрын
  • When you stop learning, you get left behind. Never stop educating yourself

    @meganlouise8943@meganlouise89432 жыл бұрын
    • I love this, i pray this message gets to everyone who needs it

      @simonethomas9393@simonethomas93932 жыл бұрын
    • Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.

      @simonethomas9393@simonethomas93932 жыл бұрын
    • @@simonethomas9393 You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass

      @danaandrioaie1495@danaandrioaie14952 жыл бұрын
    • Just like bitcoin, got to know about bitcoin from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday

      @danaandrioaie1495@danaandrioaie14952 жыл бұрын
    • @@danaandrioaie1495 exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work

      @franknedu1957@franknedu19572 жыл бұрын
  • Best book that I ever read was "Rich People Know This", what I founded inside was miracle. So facinating facts about riches mindes and how they think is banger. Would reccommend to every person who wants to get rich!

    @MilionareClub1@MilionareClub12 ай бұрын
    • Where Did You Find The Book?

      @risk-mq6xm@risk-mq6xm2 ай бұрын
  • Acquiring wealth is only half the battle the other half is maintaining your riches

    @esiedler1@esiedler12 жыл бұрын
    • Oh sod off, will you?

      @someonewhocares...2513@someonewhocares...25132 жыл бұрын
    • How are you verified when you don't have a channel

      @knilloc8095@knilloc80952 жыл бұрын
    • its way harder to acquire wealth, this quote is big dumb

      @moosdeboer6469@moosdeboer64692 жыл бұрын
    • What a cringe quote but aight I guess

      @intello8953@intello89532 жыл бұрын
    • Repent, trust, and believe in Jesus and be saved. John 3:16“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.”

      @Juduh@Juduh2 жыл бұрын
  • When you invest, you are buying a day that you don't have to work. I pray everyone reading this becomes successful.

    @andrewcleverly1322@andrewcleverly13222 жыл бұрын
    • @John Alfred Crypt0 investment, but you will need a professional guide on that.

      @andrewcleverly1322@andrewcleverly13222 жыл бұрын
    • @John Alfred you can reach out to him now on FB 👇

      @andrewcleverly1322@andrewcleverly13222 жыл бұрын
    • @John Alfred Mark J. Ramsey

      @andrewcleverly1322@andrewcleverly13222 жыл бұрын
    • You stole this comment, FOOL!

      @myytchannel6632@myytchannel66322 жыл бұрын
    • @@myytchannel6632 these are investment Bots dont fall for the tricks Theyre all over YT

      @Sallyman5741@Sallyman57412 жыл бұрын
  • 1. Everyone has different attitudes towards money 2. Don't underestimate the importance of luck 3. Learn to say "this is enough" 4. Appreciate the magic of compounding 5. Save as much as you can 6. Focus on not screwing up 7. Use money to buy freedom 8. Getting wealthy is different to staying wealthy 9. Don't be a flashy twat 10. Leave room for error 11. Avoid financial commitments for your future self 12. Be reasonable rather than rational

    @pranb3702@pranb37022 жыл бұрын
    • whats the rest 3?

      @articolo6@articolo62 жыл бұрын
    • thank you so much !

      @nainashrivastava5908@nainashrivastava59082 жыл бұрын
    • Thanks

      @vickyvick8294@vickyvick82942 жыл бұрын
    • Thank u very much 🙏♥️

      @thanafc5799@thanafc57992 жыл бұрын
    • thanks to you from the bottom of my heart!

      @shirin8402@shirin84022 жыл бұрын
  • Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

    @augustineboruvka4396@augustineboruvka4396 Жыл бұрын
    • We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market

      @cliffordmatthew2789@cliffordmatthew2789 Жыл бұрын
    • @@cliffordmatthew2789 It's important to have patience in order to build wealth. In fact, patience might be one of the most important factors in lnvesting.

      @natalieattkisson7997@natalieattkisson7997 Жыл бұрын
    • @@cliffordmatthew2789 Sometimes we're the only ones stopping ourselves from moving forward b/c of our emotions. With a strong-willed mindset, anything is possible.

      @natalieattkisson7997@natalieattkisson7997 Жыл бұрын
    • @@natalieattkisson7997 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my targe

      @davidbjorn8891@davidbjorn8891 Жыл бұрын
    • @@davidbjorn8891 Think long term, personally i ventured into the market so i won’t be stranded after i retire. A colleague of mine introduced me to CFA " HELEN EUGENIO TORRALBA " who drew out retirement plans and they all aligned with what i wanted and had to pick one plan and with her exit and entry strategies on commodities , securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved

      @deannagimenez1744@deannagimenez1744 Жыл бұрын
  • I love that he talks fast and what he says contains no fluff. THANK YOU ALI! I actually am listening and absorbing information.

    @morganlulu@morganlulu Жыл бұрын
  • 11:05 I think this was such an important point and I can’t believe how briefly you covered it!

    @JeffreyFay@JeffreyFay Жыл бұрын
  • psychology of money was gifted to me by my wife on my birthday. It is the best book that I have read in recent years. I truly agree with the base assumption of the book that at a personal level money is about psychology, discipline and grit and not about formulas and maths.

    @joydeepbhattacharjee3849@joydeepbhattacharjee38492 жыл бұрын
  • Paid off my students loans early putting as much as I could afford from my salary into it, and just as Ali suggests with his mortgage example, it is not the best thing to do at all, but the emotional value of having that weight off your shoulders just gives me peace. In the end, I just want peace.

    @jettyung2389@jettyung23892 жыл бұрын
    • In the end, you are buying freedom, and freedom is a subjective matter. Congrats

      @angeldeschain0@angeldeschain02 жыл бұрын
    • Same!! I took out student loans my first year and then worked my ass off to pay them down while still in college. It would've been much "smarter" to wait since they weren't accruing any interest at all...but graduating debt free was an amazing feeling and 100% worth it.

      @charisginn6932@charisginn69322 жыл бұрын
    • Am trying to figure out to pay off or invest since what o saved is equivalent of how much I owe! Lol Regardless u did great debt is debt.

      @marthaayalew2505@marthaayalew25052 жыл бұрын
    • @@marthaayalew2505 i wouls say invest half and pay off the other half that way you done have to decide too much

      @britneyferndx763@britneyferndx7632 жыл бұрын
    • @@britneyferndx763 good idea! Thx

      @marthaayalew2505@marthaayalew25052 жыл бұрын
  • Ali your videos are always insightful, practical and delivered with no fluff! 🙏🏾

    @JacquiMwangi@JacquiMwangi2 жыл бұрын
  • I love how fast he talks yet is so clear:). Love his videos! Always great content.

    @lenarindegard1203@lenarindegard12032 жыл бұрын
  • Dude, love you videos, just came across the channel over the last week, and love it. especially these Book Club vids, as an avid reader myself, I do think that 80% of the messages within a self help / progress book can be conveyed in 15 minutes, so loving this form. well done man.

    @thecliche3467@thecliche34672 жыл бұрын
  • new to the channel and here for 2022. love how you share useful and necessary info and so simply that everyone can get at least something lasting from each of these.

    @pnwmax@pnwmax2 жыл бұрын
  • Morgan Housel was a guest speaker at the CFA South Africa conference this year and I loved his insights and had a mental note to get the book. Now you've convinced me to buy the book and read it over my December leave since I always do personal finance mindset refreshers for my overall life planning. Fantastically done Ali! Thanks

    @tshego_ceodesk@tshego_ceodesk2 жыл бұрын
  • Wow all I can say is that advice is spot on. I am 50ish 100% debt free, no mortgage, paid for basic vehicles and work a job I enjoy. You are absolutely correct on every point you have made. My time is free to do whatever I want because I’m not tied to any debt. Thank God I learned the lessons you are talking about early. Your content is well made and very helpful. Keep up the good work!

    @NewSaltH2o@NewSaltH2o2 жыл бұрын
    • Your living the dream , i work my hardest to achieve this lifestyle when I am between 40-50 .

      @mikegregors3876@mikegregors3876 Жыл бұрын
  • "Protect your wealth and cure your illness with charity." Imam Ali (AS)

    @Reejix@Reejix2 жыл бұрын
    • 😍😍😍😍😍😍Janam Fidai Haidari... Greatest advices from the master of Believers!

      @TheNetworkViking@TheNetworkViking Жыл бұрын
  • I have read the book and listened to the audiobook on audible ... but I gotta say that this is the best summary of the book on the internet if anyone is looking to reinforce the learnings from the book

    @teegnas@teegnas2 жыл бұрын
    • Totally agree, Sangeet! Such condensed information and structured in the right way.

      @atanasfit@atanasfit Жыл бұрын
    • Is it still worth reading the book having watched this?

      @matthewrk84@matthewrk84 Жыл бұрын
  • I love your book club series the most out of all your content series! Keep the wonderful summaries coming

    @abigailchiu@abigailchiu2 жыл бұрын
  • Looking forward to acquiring ASX stocks what do you think

    @bertjames436@bertjames4362 жыл бұрын
    • Traded ASX some years ago but i must say US stocks are vry much okay and of higher value with quicker gains.

      @donald245@donald2452 жыл бұрын
    • I too will advise u check US stocks u can get a registrd exprt to do the tradings for u or See *Sandra Yvonne Webster* on the nets she's registrd & vry good. Do your own research.

      @kathleenstoner.n7499@kathleenstoner.n74992 жыл бұрын
    • She was here in Sydney for a seminar. Great speaker, full of humor and rhetorics too. Lol!

      @dr.karidouglas1312@dr.karidouglas13122 жыл бұрын
    • True being on oil & gas for years

      @p.kmccain6297@p.kmccain62972 жыл бұрын
  • I watch a lot of your videos, and I should say this is the best video among your other videos. Seriously love what you're doing and keep on!

    @n_kennedy3015@n_kennedy30152 жыл бұрын
  • It’s easier to make money now, investors should make more practical moves this coming year and seek guidance where needed since the future is unknown. Stocks with solid operational performance and financial strength, should be considered .

    @jackwyatt9649@jackwyatt96492 жыл бұрын
    • Investors should anticipate the factors that impact portfolio performance and make decisions based on their expectations.

      @joerobert1801@joerobert18012 жыл бұрын
    • I think it’s best for investors to play it safe, No one can say what how the stock market will turn out this year. I bought some stocks I expected to do better but they didn’t.

      @noelstout3056@noelstout30562 жыл бұрын
    • @@noelstout3056 you should probably make adequate research on stocks before adding to you portfolio or seek guidance, my portfolio has grown rapidly with the guidance of my FA Dan Raziel who’s helped added dividend paying stocks with regular income despite market volatility and with Dan at the helms of my trades, there’s been increase in my annual earnings.

      @seanroger6954@seanroger69542 жыл бұрын
    • @@seanroger6954 Someone recommended Dan Raziel on an investment webinar I was on, how has he enhanced your earnings?

      @rahultoggi4672@rahultoggi46722 жыл бұрын
    • @@rahultoggi4672 Dan has greatly enhanced my earnings with huge capital gains and his trades has been life changing. In my first 6 months, he earned me a trade profit of $116,000 with an investment of $18,000. He constantly help identify lucrative positions to earn from and this has helped cleared all my debt, retirement came early with no regrets.

      @seanroger6954@seanroger69542 жыл бұрын
  • I loved the part where you said that; Your wealth is counted in the money that you have not yet used.

    @felixomoro9450@felixomoro94507 ай бұрын
  • I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.

    @geniusidea9038@geniusidea90382 жыл бұрын
  • I really adore how fast you talk. People ask me to stop talking so fast all the time. But if I slow down I lose my train I thought. Not sure how I subscribed to your channel but I'm glad I did. Thank you

    @Emily-jw1wj@Emily-jw1wj2 жыл бұрын
  • You gotta stay alive in the markets to make it long term. YOU MUST CONTROL RISK/DIVERSIFY! You gotta fly straight. First rule of making money is to not lose money. Remember what Frank told Tony Montana in Scarface? "Remember when I told you when you first started working for me, the guys that last in this business, are the guys who fly straight. Low-key, quiet. But the guys who want it all, chicas, champagne, flash ... they don't last. You know what a Chazzer is? It's a Yiddish word for "pig." See, the guy, he wants more than what he needs. He don't fly straight no more." Ask yourself if youre a Chazzer, or investing rationally for the long term

    @jeffreyd508@jeffreyd5082 жыл бұрын
  • Very inspiring and good reminder to be thankful for what we already have! Thank you Ali.

    @lmkestep@lmkestep2 жыл бұрын
  • Your review perfectly captures the essence of this book. It's a must-read for anyone interested in personal finance.

    @taurustreasury@taurustreasury Жыл бұрын
  • The love the candid and open discussion on money in this video. It was definitely worth the watch. 😊💜

    @numberoneappgames@numberoneappgames Жыл бұрын
  • The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy

    @wilsonjudson1650@wilsonjudson16502 жыл бұрын
    • you are definitely right , waiting on the government is a big waste

      @fredrickconte6270@fredrickconte62702 жыл бұрын
    • Investments are the stepping Stones to success especially if you been guided by a professional

      @wilsonjudson1650@wilsonjudson16502 жыл бұрын
    • Investing is good but investing in the right thing is the actual key to success . who is your pro ?

      @williamjohn1374@williamjohn13742 жыл бұрын
    • That was exactly what I did, I trade with a professional stock expert "VIVIAN KLAINE MORGAN " who i met in one of the seminars..

      @wilsonjudson1650@wilsonjudson16502 жыл бұрын
    • There are so many investment out there but if profits must be considered then not all investments are good to go into.

      @wilsonjudson1650@wilsonjudson16502 жыл бұрын
  • I am currently reading this. I love the kindness undertone, the i understand tone of a friend, judgement free zone. It has helped to encourage me to save more.

    @allbymyself4927@allbymyself49272 жыл бұрын
  • Bro this is my first ever comment on you tube....generally I see videos on 1.5x or 2x speed...but because of your speed I saw this video at 0.75x...but nice work bro👍

    @shantanusinghjhala4452@shantanusinghjhala4452 Жыл бұрын
    • Same here! First time I’ve used 0.75x 😂 Very nice content!

      @andersonlelis6994@andersonlelis6994 Жыл бұрын
    • Never thought to do that with Ali. Lol😅

      @juleswifey6003@juleswifey60039 ай бұрын
    • Same here! 😂

      @7february2013@7february20138 ай бұрын
    • LoL 😆 you're right bro 🤣

      @VedavyasRS@VedavyasRS8 ай бұрын
    • ​@@juleswifey6003😊

      @jagdishdhami2838@jagdishdhami28388 ай бұрын
  • I’ve watched so many of your videos and only recently realised that you always dynamical enter the video in some way and it’s brilliant 😂

    @AbacusAxolotyl@AbacusAxolotyl Жыл бұрын
  • Hi Ali, I truly enjoyed this video. I enjoy a lot of the content you put up but this video I particularly enjoyed for the art direction. I thoroughly enjoyed reading the book and the way your video is filmed actually makes me feel like I am sitting with a friend sharing about a book I enjoyed reading. PS My friends and I have a tiny book club and I look forward to BookClub Saturdays!

    @MariyaKapasi@MariyaKapasi Жыл бұрын
  • This is correct because I had a mortgage on my house and I worked twice as hard and cleared that and to tell you the truth it feels quite good. And once I did that I found out that the sources of income stayed with me and now I can save them and put them in right place.

    @mahipalsingh9361@mahipalsingh93612 жыл бұрын
  • I wish this guy was my teacher at some point in my life. Fast, straight to the point but retained my undivided attention for 16 mins straight and I grasped everything he said😂💯

    @sbuciec4609@sbuciec46092 жыл бұрын
  • Thank you for making book review videos! I learned many insights from the books just by watching your review video

    @heinfinance@heinfinance Жыл бұрын
  • Love that you discussed the emotional side of personal finance

    @fahanibrahimhashi@fahanibrahimhashi2 жыл бұрын
    • me too!

      @PassiveIncomeTips.Travis@PassiveIncomeTips.Travis2 жыл бұрын
  • Excellent recap! My boss read this book and I think it was lost on him and he didn’t recommend it. I’m definitely going to pick it up now! Love how your priorities have shifted over the time I’ve watched and reminds us all that money doesn’t have to change people for the worse. Great stuff Ali thank you

    @parisjones9328@parisjones93282 жыл бұрын
  • I needed this! Going into the new year with a renewed focus on getting good with money (not that I’m the worst, but…). Want to invest loads into this channel and for that I need 💰💰🤷🏻‍♂️ Gonna get this book to read in full. Thank you man 🙏🏼

    @ChrisInmanDrums@ChrisInmanDrums2 жыл бұрын
  • The lesson of being reasonable over being rationale is perhaps the one that spoke to me the most. Awesome video!

    @PhilippayFiasco@PhilippayFiasco Жыл бұрын
  • This is absolutely the finest financial advice I've seen in KZhead. Thank you

    @rg1283@rg1283 Жыл бұрын
  • "50 Shades of Grey", the most productive ruler/line guide drawer.

    @ShivanS@ShivanS2 жыл бұрын
  • Ali is beyond amazing. “How to secure wealth”

    @svenoliver6040@svenoliver60402 ай бұрын
    • Making money is action, keeping money is behavior and Growing money is knowIedge.

      @svenoliver6040@svenoliver60402 ай бұрын
    • I am fortunate I made productive decisions that changed my life forever (accumuIated over a MiI) through my finance-mentor. I'm a single parent, bought my house in January and hoping to retire at 53 by next year.

      @svenoliver6040@svenoliver60402 ай бұрын
    • sear ch the name, lf you care.

      @svenoliver6040@svenoliver60402 ай бұрын
    • *Rebecca Martin Watson*

      @svenoliver6040@svenoliver60402 ай бұрын
    • im amazed to partake on this, lt has rekindled the fire to my goals..

      @gabytrumbull7880@gabytrumbull78802 ай бұрын
  • You are an inspiration and I loved this video so much. Please keep up the great work! I am reading and practicing all that you teach.

    @richardalliers4651@richardalliers46512 жыл бұрын
  • Hey Ali. Tnx for an amazingly elaborate review of The Psychology of Money. You summary is so precise but covers all aspects of this books. I hate listening to king speeches and videos and I have to say you made it so interesting for on to listen and grasp the lessons as I’m currently reading the book and enjoy listening to reviews after every reading chapter. 🌹

    @The-prosperity-Hub@The-prosperity-Hub Жыл бұрын
  • As a money book writer, I liked the pointing out that you need to have limits in place. In my book, I talk about greed (the HIH scandal) and how our emotions rule our money decisions more than we think.

    @BusinessAuthorAcademy@BusinessAuthorAcademy2 жыл бұрын
    • I’m greedy.

      @carlyndolphin@carlyndolphin Жыл бұрын
  • Sounds like an amazing book. Funny enough, a lot of these I have already shared same values. But hard to find like minded. Glad to see there must be many who share these goals

    @andrewgiang7521@andrewgiang7521 Жыл бұрын
  • Amazing Value from the video! I've read the book two times and your video sum up all the key features! You are as always a truly inspiration! Thank you Ali, love from Italy🇮🇹

    @edodoc@edodoc2 жыл бұрын
  • Thank you so much! This is one of the most Amazing videos I've watched in a while.💙

    @cosmasmbah5358@cosmasmbah53582 жыл бұрын
  • Looking forward to see more books summary. Great advices and good video quality 👏

    @phanithxp6479@phanithxp64792 жыл бұрын
    • same

      @PassiveIncomeTips.Travis@PassiveIncomeTips.Travis2 жыл бұрын
  • Hey Ali, Thanks for being so refreshingly honest and real. I found you via David Perell with him recommending your Part-Time KZhead Academy.. I missed the deadline for this cohort but I signed up for your waitlist. In the meantime, I thought I might just check out your actual YT channel to see who this Ali is. My goodness, your good. I came here looking to see whether I could learn something about your style....but before I could, your content certainly grabbed my attention. To think, I just came to see your style, so as to prepare me for joining your YT program, but your great content piqued my interest too. Thank you!

    @MindLifeFlow@MindLifeFlow2 жыл бұрын
  • Great review! I just finished reading the book last night and I couldn't agree more with your statement.

    @baycas@baycas2 жыл бұрын
  • Normally I listen to KZhead videos at 1.5 speed but you did great. Just my speed! great content, i subscribed! Looking forward to learning more!

    @nsivils81@nsivils818 ай бұрын
  • Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for

    @romelindareyes7337@romelindareyes73372 жыл бұрын
    • 👌

      @kelvinl.3875@kelvinl.38752 жыл бұрын
    • A great work demands a great sacrifice.

      @kelvinl.3875@kelvinl.38752 жыл бұрын
    • Speaking about investing, I have been finding a hard time choosing what to invest on, anyone with ideas to help me with?

      @benildabituin1531@benildabituin15312 жыл бұрын
    • @@benildabituin1531 I'm into real estate investing

      @colegaligger7072@colegaligger70722 жыл бұрын
    • Real estate lets people grow their net worth by amassing more properties. Its a good long term investment idea due to appreciation

      @colegaligger7072@colegaligger70722 жыл бұрын
  • People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.

    @user-cd6ny9yp9y@user-cd6ny9yp9y2 жыл бұрын
    • Profitable Investment one can do convenantly at this moment are

      @jephasonaderson5596@jephasonaderson55962 жыл бұрын
    • : Estate : Share : Stocks market

      @jephasonaderson5596@jephasonaderson55962 жыл бұрын
    • Forex trading is really profitable, investing in it now will be the wisest thing to do especially with the current rise in bitcoin

      @cedricjiosh6935@cedricjiosh69352 жыл бұрын
    • @@cedricjiosh6935 you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.

      @desmondlius7643@desmondlius76432 жыл бұрын
    • Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected

      @tressygibson7198@tressygibson71982 жыл бұрын
  • What a brilliant video, simplified the learnings so much. Thank you

    @tanmaymiddha1988@tanmaymiddha19882 жыл бұрын
  • Goes to show the prominence of financial education, help and advice. Definitely adding to my collection

    @mvanwie@mvanwie Жыл бұрын
  • Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life

    @evansvan5748@evansvan5748 Жыл бұрын
    • After watching so many KZhead tutorial videos about trading I was still losing

      @puntocripto3216@puntocripto3216 Жыл бұрын
  • Many on KZhead summarizing this book… best is yours. You captured the points well and explained it clearly. Could have done away with background music and playback speed slowed to 0.75

    @keltz5028@keltz50282 жыл бұрын
  • Extremely valuable information! Can't thank you enough for creating and sharing this video. :)

    @LifeOfFahimFaysal@LifeOfFahimFaysal2 жыл бұрын
  • Hey that was a great summary ! I already read this book a while ago but it was nice to refreshing the memory!

    @Jay-cl7cq@Jay-cl7cq Жыл бұрын
  • "This is enough " my favorite...thanks Ali for this great video 👍

    @jessopedia-J@jessopedia-J2 жыл бұрын
  • Ali’s transparency and honesty has really motivated me to live my truest life.. whether he is a doctor or a youtuber.. his insights are priceless 👏🏽 🚀 🌙

    @SuccessWithSam@SuccessWithSam2 жыл бұрын
  • Thank you Ali for the great video, really learned a lot from you, and right now still in a process of reading the book you recommended, show your work!---it encourages me to continue to write and I really enjoy doing that, slowly, see how to transfer it to money, have a great day Ali!

    @guojiaoshan5523@guojiaoshan55232 жыл бұрын
  • I'm so glad I found this channel, very helpful. Thanks

    @insyirah21@insyirah212 ай бұрын
  • Calm down! When you edit, make sure you leave some pauses in between sentences. Listeners also need time to take in the information. People don't talk like turkeys, so it's important that your audio editing replicates the way you would speak in real life.

    @robintyson591@robintyson591 Жыл бұрын
    • Watch @Ishan Sharma

      @fayad_ousmand@fayad_ousmandАй бұрын
  • There's a ton of important ideas in this video and I suggest, even to native Engish speakers, to use the settings to slow the speed to 75% : this will greatly increase your ability to truly assimilate the information. Thank you for a good post, Ali.

    @hopeinparis@hopeinparis2 жыл бұрын
    • When the video started, I checked my settings to see if I’d accidentally chosen 1,5 or 1!75 speed 😅

      @NataliaNNS@NataliaNNS Жыл бұрын
  • I love your book club.. keep ‘em coming!! Thank you!

    @mmilpp2736@mmilpp27362 жыл бұрын
  • Thank you for sharing these lessons, they have actually changed my all views on the psychology of money. Thank you.

    @reubenjedidiahchipemba1608@reubenjedidiahchipemba1608 Жыл бұрын
  • I loved this book! :) This is one of the best book on finance I read last year. I read it 3 times - The audiobook is also great by the way

    @Richardsondx@Richardsondx2 жыл бұрын
    • The book was very shallow. If u liked that book that means u haven't read financial books enough.

      @busembertiz7372@busembertiz7372 Жыл бұрын
  • Generational wealth, that's the goal. Thanks for the video, seems like a great read.

    @mo-hammadabunaser1367@mo-hammadabunaser13672 жыл бұрын
  • One of my favorite books , a must read for everyone interesting by financial freedom

    @abdellahalaouimhammedi3084@abdellahalaouimhammedi30842 жыл бұрын
  • I loved the book review ❤, i ideally plan to read some books over the weekend and fail at it. But I can sure go through these everyday.🎉

    @karanzaveri6369@karanzaveri6369Ай бұрын
  • making money (offence) and saving or conserving money (defence) are opposite moves. I think they come together, so you can't be offensive/defensive all the time in financial management, it needs to be both.

    @Ahem2002@Ahem20022 жыл бұрын
  • STARTING EARLY IS THR BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.

    @isabellaharper3493@isabellaharper34932 жыл бұрын
    • Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements

      @charleslapson4939@charleslapson49392 жыл бұрын
    • Cryptocurrency is a very good option if you would like to trade online.

      @charleslapson4939@charleslapson49392 жыл бұрын
    • @@charleslapson4939 Please enlighten me more about trading

      @mohammadmurphy3927@mohammadmurphy39272 жыл бұрын
    • I heard there are Expert who knows how to forecast the 📈 very well.

      @mohammadmurphy3927@mohammadmurphy39272 жыл бұрын
    • Because a lot of investors are confused about how the traders use their money

      @charlottegomez5279@charlottegomez52792 жыл бұрын
  • This is one the summary I been dying to equip.i really appreciate the helpful information

    @makoltour7652@makoltour76523 ай бұрын
  • Ali, I want more and more this type of videos from you. ❤️

    @fuadfusm@fuadfusm Жыл бұрын
  • The fact you did not go down the Dubai tax haven route to instead choose a “simpler” life with friends and family speak volumes about your great character Ali! So much respect ☺️

    @AndrewEthanZeng@AndrewEthanZeng2 жыл бұрын
    • Great post. I just received my withdrawal from stock and forex trading while viewing this video.

      @williamjames2026@williamjames20262 жыл бұрын
    • Learning a good trading strategy can make anyone consistent profits and withdrawal from the stock markets. I made 6 fig today from the financial markets. I use First Trade Markets what about you?

      @clintonjerry7910@clintonjerry79102 жыл бұрын
    • FTM - First Trade Markets is a very popular broker

      @williamjames2026@williamjames20262 жыл бұрын
  • Hi! Thanks again for another awesome video! I discovered you a couple months ago and have been loving your content! I feel like you provide a lot of value in your videos and you are pretty funny also! Thanks again, looking forward to the next one! Matt

    @BlindtoBillionaire@BlindtoBillionaire2 жыл бұрын
    • .

      @user-dv8og7pf8j@user-dv8og7pf8j2 жыл бұрын
    • 8

      @aftabahmed2246@aftabahmed22462 жыл бұрын
    • But his name is Ali, not Matt

      @mskyba@mskyba2 жыл бұрын
  • Thanks for this!! Learnt so much, even got the book so excited to read it!

    @OliviaAmbani@OliviaAmbani2 жыл бұрын
  • bro it was worth my time.. i neededto pause to write my comment.added ur channel for future play list thanks a ton !🤩LOL

    @amritpathak9333@amritpathak9333 Жыл бұрын
  • At first I was scared,I started with 500 dollars but now am making profits with her. All thanks to her and her great methods.

    @popsarah7805@popsarah780511 ай бұрын
    • Her availability is open on (Face book) 👇

      @popsarah7805@popsarah780511 ай бұрын
    • (Margaret Tahoma) 😊

      @popsarah7805@popsarah780511 ай бұрын
    • Investwithmagaret

      @popsarah7805@popsarah780511 ай бұрын
    • My biggest regret was not investing into Bitcoin when my friend introduced me to Bitcoin in 2014

      @lovecricket6736@lovecricket673611 ай бұрын
    • I agree, I invested in shiba coin and BTC last year and now I am bullish

      @markaustin5229@markaustin522911 ай бұрын
  • I just wanted to say your journey in medicine inspired me to make my own KZhead channel documenting my journey so THANK YOU!! You always have incredible life tips and even though your no longer pursuing medicine I know that there are still so many things I can learn from you. I love your content and I’ll continue to me a loyal subscriber ❤️☺️

    @khalilahd.@khalilahd.2 жыл бұрын
    • Subscribed Good luck 🤞🏿

      @ismynamemoyo6743@ismynamemoyo67432 жыл бұрын
    • @@ismynamemoyo6743 thank you so much ❤️

      @khalilahd.@khalilahd.2 жыл бұрын
    • Next vid suggestion: *How productively study for logical reasoning based competitive exams like JEE ADVanced and stop talking about active recall,spaced repetition which only applies for easy memory based american medical exams for noobs....I mean JEE adv is smthg of another level* Wasted my time nd money on that skillshare course of his [how to study for exams]...mybadd...ended up with perfectionism,analysis paralysis,etc and that the methods discussed only apply for memory based exams

      @poisson6673@poisson66732 жыл бұрын
  • Definitely getting this book! Thank you 🙏🏽

    @lorrainelou4449@lorrainelou44492 жыл бұрын
  • Great vid, loved this book so thanks for the reminders and summary

    @scottd9294@scottd92942 жыл бұрын
  • Thank you so much for helping me read this book without reading this book. Great overview.

    @heckyesitsjess84@heckyesitsjess842 жыл бұрын
  • One thing is to acquire wealth, another is to maintain it. There's so much work in keeping a stable financial state

    @totti9521@totti95212 жыл бұрын
    • Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning?? I would appreciate

      @nkpapi989@nkpapi9892 жыл бұрын
    • @@nkpapi989

      @howeross336@howeross3362 жыл бұрын
    • @@howeross336 It's great to see someone talking abt Jennifer, trading alone can be very dangerous, I can attest to that. This woman was a game changer for me. Access to good information is what we need to get ahead financially in life.[..

      @karimdarcy5533@karimdarcy55332 жыл бұрын
    • @@nkpapi989 It’s Simple to reach her through her telgram page with the name.).

      @udell7175@udell71752 жыл бұрын
    • @@nkpapi989 Which is Irishfortune

      @udell7175@udell71752 жыл бұрын
  • I have to double check my playback speed whenever I watch videos in this channel! 😂❤

    @VedavyasRS@VedavyasRS7 ай бұрын
  • I like the fact he speaks quick and gets to the point.

    @terrid6349@terrid6349 Жыл бұрын
  • Love how you work in cameos for Twilight on the regular 🤣

    @VoicesofAncientEgypt@VoicesofAncientEgypt2 жыл бұрын
  • The psychology of money is my favorite read, reading it gave me the nudge i needed to start investing and thank God i did because i have been going all out from the s&p rise, i was one of the few people to hold when the stock was plummeting, now i have close to 2 million in my portfolio. huge props to my CFA James Fletcher Brennan who handles my portfolio, he's the only man i know that's richer than me, haha

    @katelynrenesse4798@katelynrenesse4798 Жыл бұрын
    • impressive, i just looked him up, will definitely work with him

      @clairefrewman1456@clairefrewman1456 Жыл бұрын
    • after seeing this, i must say this is the inspiration i need to get in on this, by the way, out of curiosity i checked your FA James Fletcher Brennan and his resumé is something i can work with, although i have one question...does he work on commission?

      @jerryscotfield6913@jerryscotfield6913 Жыл бұрын
    • love this!

      @walter.dlawson2580@walter.dlawson2580 Жыл бұрын
    • @@jerryscotfield6913 yes he works only on commission

      @katelynrenesse4798@katelynrenesse4798 Жыл бұрын
    • @@katelynrenesse4798 thanks for the tip, you've surely made my day

      @jerryscotfield6913@jerryscotfield6913 Жыл бұрын
  • That's really an enlightening book and you were able to explain the whole gist of the book in this video. :)

    @joannereyes1358@joannereyes13582 жыл бұрын
  • This book summary is the best financial advice you can give to anyone. One of the key lessons is that wealth accumulates over time, there’s no such thing as get rich quick scheme!

    @ALCAPONE5655@ALCAPONE5655 Жыл бұрын
KZhead