Why People with the Same Income End Up Rich or Broke

Video Description

Here's how two people making the same income could end up rich or broke. This is a video about the habits and mindset that can be the difference between ultimately ending up wealthy, or with nothing at all. Free Financial Tracker Sheet: https://shop.beacons.ai/humphreytalks/52599ebf-bd4a-4d8a-86d1-c07e1c219af9 Link to the Credit Card Study: https://pmc.ncbi.nlm.nih.gov/articles/PMC7892835/ FINANCE: ▶️ See What I Invest In + Private Community: https://whop.com/critical-wealth 🔰 3 Fund Portfolio: https://click.linksynergy.com/fs-bin/click?id=Vr5Fkt9JHsw&offerid=1642321.72&type=3&subid=0 💳 My Favorite Credit Cards ➭ https://cardonomics.com/i/humphrey 💸 Best High Yield Savings: https://www.cardonomics.com/i/humphrey/banking 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com RESOURCES: 💵 Free Templates: https://beacons.ai/humphreytalks/freedownloads 👾 Join the free Discord Community: https://discord.gg/xJzsaGaaDE 🌍 My website / blog: https://www.humphreytalks.com WHO AM I? Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth. PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel! SOCIALS: * Second Channel: https://youtube.com/@hug * Instagram: https://instagram.com/humphreytalks * Twitter: https://twitter.com/humphreytalks * TikTok: https://tiktok.com/@humphreytalks * LinkedIn: https://www.linkedin.com/in/humphreyyang/ * Threads: https://www.threads.net/@humphreytalks ⏱️ Timestamps: 0:00 - Start Here 1:34 - Mistake #1: Lifestyle Inflation 3:27 - Mistake #2: Too Much Debt 4:52 - Mistake #3: Lack of Tracking 7:31 - Good Habit #1: Investing Early 9:03 - Good Habit #2: Paying Yourself First 9:56 - Good Habit #3: Focus on Assets 11:00 - Psychology Around Money 13:46 - Practical First Steps