Never give money to these people ⛔️

The 5 types of people you should never give your money to. Money, yes, said like Dr. Evil, because right now in the world, tax wants your money, inflation wants your money, energy wants your money, gas and petrol want your money, the government want your money, your ex wants your money, your kids want your money, the TV ads want your money, everyone wants your fucking money. So this content, I've done this episode actually about 6 months ago, got more than a million views on Facebook, and I shared the 3 people that you should never give your money to, in my most humble of opinion. And I've added a couple more now. So here are the 5 types of people you should never, in my most humble of opinions, give money to, to protect your money. Because there is an attack on your money, there is a war on your money. All right, number 1, and sorry if this upsets anyone, but you're listening to me. I don't think you should give your money to the homeless. I don't. I don't think it helps them. I don't think they need money. I think they need better financial education, support, shelter. If you have a bucket with a hole in it, would you fill it with more water, or would you first repair the hole? So I believe that our homeless need education to go back to work. They need food, they need shelter, and I do not think you should be giving them money. If you give a gambler money, that's going to go in the betting shops. If you give a drug addict money, that's obviously going to go to fuel the drugs, because generally, um, you spend more money on what you already spend money on. So if you can't manage the money you've already got, you won't manage more. So personally, I would support the homeless, educate the homeless, feed the homeless, shelter the homeless, but I wouldn't give the homeless money. I actually don't think it helps them. Let me know what you think. Number 2: do not give the government your money. Now, of course you wouldn't willingly give the government your money, but if you pay full tax, you're giving the government your money, and there are ways to get your tax down legitimately, that you— strategies that are actually on the government website, by the way. You're probably not doing many of them. You're also giving the government your money when you do, um, bonds, and to a certain degree you are with savings. Technically, when you save, money is going into the banks. It's money is created by the central banks. The central banks and the government are essentially in cohorts. So essentially, when you're saving money in the bank, you're giving— not lending— giving your money to the bank. Do you know technically once you put your money in the bank, you don't own it anymore? That's a shocker, but technically it's true. Now obviously, if they just stole it all, they could lose complete faith in money as a system. They could lose complete faith in the banking system. But it's happened before. It'll probably happen every 50 or 100 years. It happened in China just recently. So don't give your money to the homeless. Don't give— and that's really not giving your money to the homeless, I think, is an ethical and moral choice. Not giving your money to the government is just a wise financial choice. So I don't believe assets backed by the government at the moment— I don't think they're as secure as they would have been in another part of the cycle. I don't think people trust the governments as much as they used to trust the governments. I mean, I don't know what you think, but I don't. I think they're in— well, they're definitely in a lot more debt, $2.2 trillion, just spending another, what, $150 billion on the energy cap. Cap, and that was needed, by the way. What was furlough? £90 billion. So, you know, crazy billions being spent, and ultimately that is your expense. That is your expense. It's called tax. So the more tax you pay, the more money you're giving to the government. Now, I don't mind paying tax, before I get the critics on me. I pay millions in tax every year. There are many forms of tax, by the way. Some forms of tax I think are more fair than others. I'm more willing to pay some forms of tax than others. I more gratefully pay some forms of tax than others. But when it comes to corp tax and income tax, I think they're too high and I think they need to come down. And I think it's really important that you learn the strategies and tactics to get your corp tax down and your income tax down. Problem is, if you don't own a company, then you can't get your income tax down, and they tax you first and then you get what's left. Nice. That's like your best friend having sex with your husband or wife and you getting the condom, the used condom. That's what it's like. That is how the government are treating you and your money. Maybe I should edit that analogy out, or maybe I won't, because that's how I feel. Why should I work 50 hours a week and 25 to 30 of them are for the government? Why should I? And if the roads are great and the hospitals are great— well, the NHS— you know, if the schools are great. But they're not, let's be honest. We all know that. Okay, the third type of person you should never give your money to. Again, this one is, um, I've had some people give me some shit for this. Kids. I don't think you should give your kids a load of money. I think you should teach them how to earn money. I don't think you should give them pocket money. I think you should give them jobs to do. The world doesn't give pocket money. Now some people say, oh yeah, benefits. Well, the benefits system is supposed to be for disabled people, people unable to work, and yeah, a few people get in the system. But other than that, the world doesn't give you pocket money. The world doesn't say, 'Yeah, well, when you get older, just do nothing all week, play your PlayStation, and then we'll pay you.' That's what pocket money says. It's not teaching your children how the world works. The world works by rewarding value, fair exchange. So if you create a product and service that's meaningful, or you do a useful job to someone and they're grateful, you'll get paid. And that's what doing chores and jobs is. So don't give your kids pocket money, don't give them a load of money, don't spoil them. That's why it's called spoiling them. Now I know you probably want to give them money and you probably want to spoil them because you love them and you didn't get spoiled or loved as much when you were a kid, so I get that. I just don't think it's smart. So I would say Teach them how to earn money. I say to my kids whenever they get money, because obviously they get birthday money and Christmas money, I can't— I'm not against them receiving money. Gifts are gifts. I'm not going to stop anyone else giving them gifts, but I tell them to spend a third, save a third, invest a third. And by the way, you're not taught that in school, not even until you're 18. Might teach a bit of business and economics, but they don't teach you personal finance, do they? Personal money management. Save a third, spend a third, invest a third. I mean, imagine if your child followed that mantra until they were 50 years old. They'd be freaking loaded. Okay, number 4: don't give your money to ungrateful people. As far as I'm concerned, if you're grateful, you can have my time, my energy, my love, maybe even some of my money. But if you are an ungrateful bastard, you'll get nothing. I just don't like giving my money to ungrateful people. I'm not going to say anything more on that one because I think that's pretty self-explanatory. And then number 5, this is another one that whips them all up into a frenzy. Oh Rob, you can't say that. Well, I am because it's my content. I don't think you should give your money to IFAs and external money managers. I don't. Now obviously you're not giving them your money, but you kind of are by their advice on your investments. I think you should learn how to manage your own money. Now look, if you know nothing about managing money, getting a good recommendation from someone you know who's wealthy on who helps them, advise them on some investments, that might be wise as long as there's proof. But, um, I would actually much rather you learn how to make, manage, and master money, create multiple streams of recurring income, invest in assets, understand how to get tax down, get income up, building recurring income and passive income and subscription income. I'd much rather you learn to earn instead of giving all the power away. So if you'd like to learn, earn, and invest, create multiple streams of recurring income, become your own IFA, your own independent financial advisor, because you're only going to be independent to you, no one else is. If you'd like to learn how to make, manage, and master money, have inflation-beating assets, recurring income, digital assets, go join Rob.team. Rob.team is a financial education platform It is fully online and it costs you less than a large coffee a month for your subscription. You can cancel anytime with no contract, so there's no risk. And you're going to learn how to start and scale a business, get better financial education and knowledge, make, manage, and master money with masterclasses, Zooms, live events, tools, courses, and resources. Many courses on there, like the How to Invest series, is 10 hours long. That would be a 200+ £100. Of course, I might be able to charge £500 for that, but that's exclusively in Rob.team for Rob.team members, and it costs you less than a large coffee, and you can cancel anytime. In fact, it costs you one-third of the price of Netflix subscription. So to join, just go now, stop what you're doing, go now and type in rob.team into a new window. Rob.team. Invest in yourself. You are your best asset. You give yourself the best return. There is no risk because you can go and consume hundreds of hours of making, managing, and mastering money content, and then you can cancel if you think it's not right for you, or you've caught up and consumed it all. But I'm putting content out there every week. I do the Sunday Sessions every Sunday, 45-minute live masterclass. I do deep dive Zoom masterclasses twice a month. They can be anywhere between 90 minutes and 6 or 7 hours. I'm doing the Membership Site Mastery, 6 figures in subscriptions. I'm doing that Literally in a couple of days' time, if you go and join, you can jump on that. That would be a realistically $200 to $300 course. You're going to get that as your membership site, um, member membership in Rob.team. So essentially it's completely for free, um, other than your large coffee once a month. And I'm actually doing a money-saving marathon with my business partner. We're going to do probably 6 hours straight on all the ways you can save money. And then there's, um, how to build assets and how to invest. So you've got all of this in rob.team for less than the cost of a large coffee. So jump on over. I'll see you in the members area. There's many thousands of members, movers, shakers, and changemakers just like you. And I'm doing new courses and content and resources every week. So I'll see you in rob.team. Quick summary: never give the money to these people. Number 1, the homeless, because I don't think it helps them. I think if there's a bucket with a hole in it, you don't put more water in, and the faster you put water in just makes the hole bigger. I think you educate them, help them in other ways— food, shelter, etc. We all want to help, but sometimes by helping people you don't help people. Like when you spoil your kids, you think you're helping them, you're not helping them. Okay, number 2 is the government. Don't give your money to the government. Minimize your tax legally and fairly. Oh, by the way, this is tax-saving masterclass in Rob.team, pushing 2 hours actually. It is on, um, my accountant who saved me millions in tax, and I paid him a lot of money, and you can get access to him for no cost. Well, your large coffee cost membership in Rob.team. But if you'd like to get your tax down significantly, you're way overpaying on your tax. You can get that down legitimately and significantly. So go join rob.team to get that tax-saving masterclass. Rob.team. So don't give your money to the government in the form of bonds and savings and overly taxed, because you can do better things with it. You can, you can invest money better than the government. I think that's been proven. Don't give too much money to your kids, okay? You know, the odd gift, of course, that, you know, you want to show your love in the form of gifts, but Don't give them pocket money. Teach them how to work. Teach them how to create value. Teach them how to create fair exchange. Teach them how to solve problems. Um, ungrateful people, just standard rule. And then other people who've got their eye on your money, like independent financial advisors who aren't independent. Invest in yourself. You are the best asset you pay yourself the best return. Thanks for tuning in, and remember, if you don't risk anything, you risk everything. I'll see you in rob.team. You just type in a new— you just open a new window on the internet and you type in R-O-B, Rob, dot T-E-A-M. Go give it a try. No risk, no ongoing contract, one-third of the price of Netflix for better financial education than they teach you in school.