In this monologue, Coach Raphael Djine argues that the common practice of saving money to buy a personal residence is a financial trap that leaves most people broke. He explains that banks profit from homeowners because the homeowner’s money is used to fund the bank’s real‑estate portfolio, while the homeowner bears taxes, maintenance, and mortgage costs without any cash flow. Djine proposes an alternative: use saved capital as a down‑payment (e.g., $150,000 as 10% of a $1.5 million investment property) to acquire a multi‑unit apartment building that generates roughly $9,000 per month in net cash flow. This “money‑machine” approach turns savings into an income‑producing asset, allowing the individual to become a de‑facto banker rather than a tenant of the banking system. He emphasizes the mindset shift from saving to building assets that produce money, urging listeners to stop buying primary homes and instead leverage their capital into cash‑flowing real‑estate investments.
Chapters
Number two, why people are broke? Because when they have little money, they go and buy house. Oh no no no! So I shouldn't buy house? Of course. You go and buy house. You save $100,000 or $50,000, $100,000, and then you go and buy. Let's say you save $150,000. And you go and buy a hundred and fifty thousand dollar house, right? Like home. I have my home. It's painful. Ba ba ba. No. That's why you are broke. A matter of fact, at the end of maybe five six years, the bank take the house away from you because you can't pay tax on it. And you still broke. Buy a house. People even. people are proud. I mean, oh man, I just paid for my house. I just bought my house. When you buy a house, who do you pay to? The bank, again. So why— if I'm a banker, I will promote a homeowner because that's my product. Remember, it's a bank product. It's not your product. Matter of fact, you make money on your product. Each person make money with their own product. So, does the bank go around buying house all over the place? No. I never see a banker that is buying houses and buying houses. Why are you doing what the banks are not doing? They want you to buy. So why you buy and they make a profit? They make money while you buy. So, if we have to think, I want you to think like a banker. Now, if you sell houses, you'll be like a banker and not buying houses. So what I'll show you is when you have $150,000, you go around and use $150,000 to leverage $1.5 million home. And this home, this home or apartment complex start bringing you $9,000. $9,000 a month. Now, your $150,000 is bringing you $9,000. And then you stop being broke. You can make room for somebody else, right? Like, hey man, I'm out of here. Let somebody else get in the boat. But when you go and buy your home for $150,000, it sounds great, right? But that home, you have to maintain that home probably— let's say if your tax is only $8,000 a year, your bill, the roof and the foundation and all that, you know, let's say it's maintenance is $4,000. You have to maintain that home with $12,000 per year. Does the homies give you any money? No. $12,000 come out of that every year versus this guy is making what? $9,000 times 12 is what? $10,900, $18,000, $108,000. Bingo! One year. Now you can take and go out $108,000 and take $3,000 per month to live, to pay a rent, to pay a mortgage, because you have to have a place to live, right? But the goal here is that you leverage your money first. And that's how you exit this people, this group of people. Broken people, 80% of people on planet Earth. It's a simple thing. I told you, you're not broke because you are stupid. You're not broke because you don't want to invest. It's just that you are investing the wrong way. You're not broke because you didn't go to school. You're not broke because you're a bad guy. You're not broke because you are gambling. It's just because— You're not broke because you don't have a job. The wrong person— you are making the wrong person wealthy, and you stay broke. That's a concept. You take $150,000, put as a down payment on $1.5 million. It's 10%. When you go to the bank with 10% to buy an investment, to buy a machine that can produce money so you can stop being broke. Now, you have a 30-unit apartment or 40-unit apartment that is net $9,000 a month, and you have a money machine. And there's no way you can stay broke. There's no way you can stay broke. So, this is exactly what you have to do. So rule number one: stop saving. Stop saving. Develop a machine that can make you save money. Develop a machine—not a machine that can make you save money—but the machine that will produce money. Go from saving to produce, saving to produce. Every time when you have money, say okay. What can I build with this money that's going to produce? Your money must produce money. The monies are not made for saving. What's the difference between somebody with $1 billion in savings and a person without money? No difference. But guess what? This banker educates you. He says, save it to me. Bring me the money. Bring me the money. And then we are rushing to the bank with the money. When you have $100,000, you rush to the bank, give it to the banker, and go stay home. Banks are building— this building is owned by that bank, that building is owned by that bank, that building is owned by that bank, with your money. And you don't own anything. Matter of fact, you come and rent that building from them, and pay them, and they bought it with your money. That's why I want to show you how to become a bank. All right, number 3.
