less privileged individuals often hold the belief that merely spending money is enough to impoverish them but does this really reflect reality the solution to this question isn't so obvious it all depends on how you use your capital and above all what you decide to invest in notice when most people spend it's usually on items that simply drain their Financial Resources they acquire the latest electronic gadgets designer clothes or attend expensive parties every weekend the result is money evaporating without ever returning on the other hand wealthy individuals adopt a completely different strategy they have learned to
make expenses that not only prevent poverty but make them even richer and more prosperous so what's their secret the key lies in the distinction between autal expenditure and an investment an expenditure is capital that never returns to you an investment on the other hand is Capital that works smartly in your favor and returns multiplied in this video I'll reveal to you a list of nine items you can acquire today to increase your wealth in the coming year these strategic Acquisitions will radically change your perception of money stay with me until the end because what you
will discover might change your life forever but first leave your comment on this video I will be wealthy when I see your comment I'll give it a heart because I know you'll reach your goal soon ready let's go number one Acquisitions that give you more time if you're looking for a safe way to invest today stop thinking just about money and start thinking in terms of time time is literally the most valuable resource you possess we can always get more money but we can never acquire more time or maybe we can imagine this you're young
have some savings and are wondering what to invest in to accelerate your path to wealth here's an underrated idea pay more to save time for example moving closer to your work even if it means a higher rent why on Earth would you do that because every minute saved is a chance to invest in yourself in your projects or simply to be happier suppose you get 30 minutes closer to your workplace yes it might justify paying up to 50% more in rent you know why 30 minutes going 30 minutes return earning that totals an hour a
day in five working days you save 5 hours a week in a month that's 20 hours in a year you save 240 hours 240 hours are 30 full working days imagine having an entire extra month each year what could you do with that extra time you could use it to launch a side project the one that's been on your mind for a while with 240 extra hours A year imagine what you could accomplish whether starting an on online store creating a Blog developing an app or even offering freelance services this project could become a new
income Source this freed time allows you to experiment test ideas without pressure and build something solid alongside your main job by developing this side project you diversify your income sources not only do you no longer rely solely on your salary but you begin to create an asset that could in the long run yield more than your current job what starts as a small idea can turn into a thriving business so those hours you recover by moving closer to work aren't just free time they become an opportunity to build your financial future by buying this time
you offer yourself infinite possibilities number two acquiring a valuable education you know what they say first we learn then we drop the L from learn and obtain earn the problem with most education today is that it doesn't prepare you for wealth or a fulfilling life if you truly want to make a difference and become wealthy next year it's time to step out of the ordinary we underestimate our brains often settling for mediocrity and that's exactly what prevents you from accessing higher levels of success many people settle for learning just enough to get a job and
drift aimlessly in their field but if you want to be part of the 1% that earns big you need to overcome this mindset imagine you decide to dedicate time to developing key skills diving deep into your field perhaps you're already in a sector but don't delve deep enough into your knowledge there's always a way to stand out becoming better than 99% of others most people stagnate don't seek to improve their skills understand new trends or Master the more technical aspects of their profession that's exactly where you should step in if you dedicate time even just
a few hours a day to perfecting a skill to becoming the expert no one can ignore you'll quickly climb the ranks whether you're in Tech engineering marketing or even a manual trade by becoming indispensable you drastically increase your earning potential the world pays well to those who solve problems few others can solve so don't aim for average learn delve deeper and master your field and in the year you'll be at the top where money flows abundantly number three your environment we are like plants our growth depends on the quality of the soil we live in
if your environment is toxic or unstimulating you can't truly flourish imagine a flower that doesn't Bloom we don't blame the seed we blame the soil it was planted in it's the same for you your environment plays a crucial role in your success and happiness investing in everything around you is a direct way to improve your life and believe it or not it can even make you richer start with the basics the bed you sleep in the pillow the sheets the comfort of your sleep impacts your daily energy and productivity your shoes make sure they're comfortable
to avoid fatigue a Cozy home a well organized workspace and why not a beautiful view all these subtly influence your State of Mind similarly in invest in what you eat and drink quality nutrition enhances your mental and physical performance improve your environment for in return your environment improves you the more you surround yourself with elements that support your well-being and productivity the more you'll be able to accomplish great things and Achieve success number four online courses education is moving online and it's the right kind of education the kind you can apply immediately a good online
course is so valuable that you feel like you're stealing from the teacher a bad online course on the other hand is the teacher stealing from you here's a tip look for excellent online courses a small investment can completely change your life and if not a good online course offers a no questions asked refund guarantee high level online education has never been more accessible no matter where you are in the world you can find an expert to guide you and show you the Practical aspects of the subjects that interest you five debt repayment indeed debt is
the aspect that most resembles servitude in the modern world it impoverishes the less fortunate and enriches the wealthier 99% of the population doesn't distinguish between positive and negative debts that's why we call the wealthy the 1% the more you maintain your indebtedness the more you'll pay an interest here's a crucial albeit subtle distinction between the wealthy and the less fortunate the less fortunate turn to the bank to request Capital while being wealthy the bank seeks you out to offer Capital at reduced interest knowing you won't be truly free until you free yourself from your debts
acquire your freedom by paying them off six books books are one of the most undervalued investment M someone can make think about it for the cost of a good meal you can absorb years of wisdom and experience unlike online courses which can be expensive and not always accessible books are often Within Reach available for a minimal price and can transform your life however the reality is that many prefer to spend hours watching Netflix series like the circle instead of feeding their minds honestly I didn't study Finance or Entre r preneurship at University all my knowledge
on these topics came from books written by individuals who have already achieved concrete results in these areas these authors spent years even decades perfecting their skills and strategies and their willing to share their knowledge with you just by applying them I saw concrete results and thanks to that I left the conventional job to venture into the world of info products and guess what there are books on almost every con able topic if you want to learn to invest start a business or even improve your social skills there's a book that can guide you seven excellent
accountants here's the point if there's a straightforward service that can truly be worth your money it's accountants or Tax Consultants if you're in France a good accountant might cost two or three times more than an average accountant but they can save you 10 to 100 times more money accountants are the Wizards of the financial world and it's useful to know a trick or two remember you're not obligated to pay more taxes than the minimum legally required if you wish to contribute more do it directly as the government seems to be an inefficient intermediary eight coaching
sessions coaching sessions involve paying someone to help you solve problems because well that person has been through it themselves a good performance coach can elevate your Effectiveness and remember your performance directly affects your results you might expect to pay €500 for an hourlong session or about 5,000 a month for access to an executive coach of course some coaches talk more than they actually help but others truly know what they're doing and can save you years of frustration and millions of Euros in trial and error these experts in particular don't just give you general advice they
offer personalized strategies based on their experiences coaches and mentors play a crucial role in the Journey of any entrepreneur once they decide to take their growth seriously unfortunately many people think they can't afford it when in reality it's an investment that can yield a lot by buying this time you give yourself the opportunity to develop your skills more quickly and achieve your goals more effectively think about it every minute you gain with a good coach could be a minute you use to build your Empire nine participation in other people's companies acquiring minority Stakes between 20
and 40% in profitable companies is a true shortcut in life you know why because you don't buy the entire company that would mean you'd have to manage the entire operation and take care of the entire team but by acquiring a minority stake you offer the company more than enough money to support its rapid growth use your knowledge and connections to open doors so that its growth is exponential then step back and let the manage day-to-day operations it presents many benefits not only does the company pay dividends but you also get the chance to work with
an amazing team that shares your vision and if you want to build interesting projects with them go ahead Partnerships are an essential part of growth collaborating with other Brilliant Minds can catalyze in inovative ideas and revenue opportunities by investing in a company's stake you bet on its success while reducing your workload so why not explore this path find the companies you're passionate about and become a strategic partner it's a smart way to enrich your portfolio while contributing to projects that matter to you we know this list could be even longer so we pass the ball
to you at this point what are some things you can acquire that will truly make make you more prosperous let us know in the comments we're eager to see what you'll propose well did you know that less than 20% of people who watch our videos watch them to the end well for those of you who are still here we have a secret bonus the difference between being prosperous and being prosperous in wealth yes because there's a crucial difference between being prosperous and being prosperous in wealth being prosperous is when you earn a a lot of
money through your work but being prosperous in wealth is when you make your money grow even while you sleep you know you're prosperous in wealth when if you stopped working today your fortune would continue to grow tomorrow this distinction is one of the most important you can make on your financial journey to become prosperous in wealth you need to take bold steps this means investing in Opportunities reinvesting your profits and always seeking to learn these are forward moves that help you create lasting wealth but remember life is a two-way street it's equally crucial to make
defensive moves imagine you have a company that generates a million euros a year you can choose to reinvest everything in the company and hope to achieve 30% growth the following year then another 30% the next year but history has shown us that everything can change at any moment so yes reinvest part of that money to grow the company but also secure your position by placing part of that amount in a non-correlated market think Investments but don't go buying a boat to distract yourself that would be a catastrophic purchase that could compromise your financial future be
strategic and build your wealth in assets intelligently you can truly consider yourself prosperous in wealth when your passive income matches or exceed exceeds your active lifestyle understanding this difference is essential and if you've made it your priority to accumulate wealth in your life write the word wealth in the comments this will help us identify the 20% of you who are still with us we'll do our best to thank as many of you as possible thank you for spending some time with us today and for subscribing to our channel it's really kind of you if you're
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