Joe FierHead of Builds, Delphi · Scaling expert knowledge with AI

Why Your Money Habits Are Holding You Back!

Name: Why Your Money Habits Are Holding You Back!
Uploaded: 2024-10-28T15:00:33+00:00
Duration: 50 s
Channel: Joe Fier
Description: Joe Fier argues that wealth comes from what you keep, not what you earn. His father made over $1,000,000 a year as a chiropractor but spent $975,000 on…

28 Oct 2024 · 1 min

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Joe Fier argues that wealth comes from what you keep, not what you earn. His father made over $1,000,000 a year as a chiropractor but spent $975,000 on overhead, leaving almost nothing. Most people sabotage themselves with bad money habits: parking cash in banks, blindly trusting advisors, or ignoring their finances entirely.

Questions this video answers

Over $1,000,000 per year.

$975,000 per year.

Chapters

Yeah, because it actually this is what I've learned from my father is, is that, you know, it doesn't matter how much you make, it only matters how much you keep. You know, dad was a very successful chiropractor making over a million a year. But who cares if you're making over a million if your overhead is 975,000, right? So, so it really gets into our habits because let's be real, they do not teach us about money. What are we taught? We're taught to go out there, we got to make money to live on this God given earth we call America. And then what do we do? We go put that money at the commercial bank or we give it to a financial advisor who thinks they can manage the money better than we can. Or we go and stick it in our 401k and we just hope and wait that there's some left over for us at the end of retirement.