Live Below Your Means: The Key to Lasting Wealth

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0:35That's right. Each week we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you?

1:05I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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3:22you gotta think about if you died today what would happen at least every every couple of important that's important because most of the time and even for me i had to realize that like most of the most of us if we died today it's not organized enough and that's that's a problem that's a big bulletproof you gotta think if i died today and you gotta avoid money traps and I've talked about this last week, but I'm going to double down on this because helping people is more important than what critics have to say. Buying a home is extremely important, but it also can be a money trap. It can be a money pit.

4:04It can be a money pit. That's an unfortunate situation because once you rent it, you can't really turn around. But buy a home. If you can get approved for a million dollar mortgage, buy a condo for$250. thank me later. Hello. Thank me later. I'll go through it so you wouldn't do it after. You might not have the same level of, okay, I'm going to bring this girl over and she, thank me later. If she wants you, she wants you regardless of where you are. By, y 'all going to build it together. By, lower, yes, than what you, than what you get approved for. Mm-hmm. Thank me later. Yeah. Because it's more beneficial to have money working for you, then you actually putting money into something that potentially down the line, you can have equity down the line.

5:04You need somewhere to live. That's important. For sure. Modesty is important in life, but in this home thing, that's probably even more important than anything. The modesty, nobody ever talks about that. you got to be modest in your living. That's the most important thing. Have a modest, and that's one lesson that we can learn from Warren Buffett. I don't know if this is true or not, but they always say that he lived in the same house that he grew up in in Omaha, Nebraska. Oh, he kept it. Modest. Modest in your living. Be modest in your living. Because if you don't have high, I'm going to cut you off.

5:42Go ahead. You're right. It's the biggest thing. It's the biggest expense, and it's an ongoing expense, and it's an expense that only gets more expensive. Oh, and I know y 'all want to throw them big-ass parties and then someone slips on your marble. Not fun. $214 ,000 lawsuit for a person. Oh, and if I ever pass early, God forbid, let this be public record. Don't go to my mama and my cousin talking about Ian would have wanted me to have this. I want you to have nothing if ain't in the will. Sorry. Sorry. Don't confess your love. No, no. Don't confess your love. If you couldn't go to my house, you give my mama a hug.

6:17Yeah, I did that. As soon as we were building and I was like, all right, this is a moment. I had the red button. I was like, I went to Danielle. I'm like, yo, here's the codes. Here's the codes. Keep it safe. Put it locked somewhere. Anything happens to me, here's what you do. Just in case. This is what you do. And this is what you do. I don't want to think about that. Well, I did. I thought about it for you. Here's what you do. That modesty in the business, too. overexpanding just to overexpand and not hiring the right talent. What was the quote? Hire slow and fire fast. Yeah. No one talks about the payroll part.

6:58It's like... Keep your expenses low at all times. Cars, like, if you don't need to necessarily buy the car in cash, you can lease it. That's when Jay said, we don't lease, we buy the whole car as you should. that's actually bad advice it depends on your state salute to Jay when he said it I think he would go back and look differently at that line it's a hustler's mentality but it's not necessarily it's a braggadocious mentality it was a flex man and Rose Rose if we ever find out what the car really costs we are going to report on it for seven weeks straight keep your expenses down please do and the cars and the jury and the homes it looks good but it's not it's not necessary because one car does the same thing that two cars can do one watch tells the same time that three watches can tell for sure a three two bedroom house serve the same purpose that a six bedroom house because most people's not using six bedrooms yeah what i'm saying is that live below your means your means when they say live below your means nobody's ever really critically thought about that that means that your means you're actually living less than your actually means making right that means that you actually should be at a hundred thousand but you're living at seventy thousand that what does that mean that means you have to make sacrifices live they didn't say live at your means no worries they didn't say live at your means they said live below and way below And if I'm going to be honest, it's one of the hardest sacrifices I've ever made.

8:42Man, big Mike, shout out to Mike out there and Elianza. They hit me every week. What's the biggest? And you've done the best. You're actually, I'm going to give you credit publicly because you, out of everybody that I've seen, you've done the best at living below your means. And I mean, you still live a good life, but I see it. like i'm an observant person right i noticed that you live below your means and that takes discipline a ton and i didn't think i would have a 22. because that's something that most people would not talk about but you are a very responsible person when it comes to how you're living thank you what's the because this is true and when what's the biggest societal pressure that you face when said like i need to have discipline to do this what are those those pressure points that it's like damn i really want that or i really could do this but i'm not going to uh just getting offered hey come to the brosworth dealership and we'll give you 40 40 i like you cool it's tough to take some calls and then you see your friends start to it's like even when joe wouldn't got the fraud rate joe facetime me yo big dog you don't go get matching are we not gonna get matching ferrari's like money anything like i'm it's sound fly it's dope on instagram but is it really worth that so it's tough though um especially now like looking at the houses and we talked about it before the tax on being owned now i gotta go have somebody go look for me on my behalf so in certain instances i don't get taxed but i'm not gonna lie it's tough i'll see future pop up in some of the videos like i need two of them chains two of them watches big mike almost got me last week damn i don't care about the reset value i got it i was like no i'm good i'm be apple watch so but knowing that i'm good and that you know my family's good and that my kid is good But now Xander's starting to pressure me.

10:51Ah. I don't got it, son. Yes, you do. Yep. He like that. It'd be nice. Yes, you do. Yeah, so it's tough. It's worth it, though. It is. I'm going to do the Buffett. I'm going to play Meek. And then on the private time, boy, two Rolls Royces. I said, oh, OK. Buffett got the first color in it. Y 'all stop saying the Rolls Royce on advertised. you just may not see where they advertise we gotta stop a lot of these misnomers that are just not true go to F1 Monaco and it's a lot of advertisements out there they advertise to their clientele for sure for sure why would they put that on NBC and Rolex can y 'all quit copying watch designs because I would like another but y 'all just flat out copying everybody Jesus the Sicario of the watchmakers this year.

11:49What y 'all doing? Josh Sicario. Sicario. Well, yes, ladies and gentlemen, keep that in mind when you're on your pathway to become rich, wealthy, live below your means. Yeah. And invest as much as possible and keep cash on hand at all times. There's something about InvestFest. I may give y 'all a show, though. Light show? Maybe. InvestFest. Okay. An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan. These are just some of the heinous migrant criminals caught because of President Donald J.

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13:17Hey, it's Joel. And Matt. From HowToMoney. If your New Year's resolution is to finally get your finances in shape, we've got your back. Prices, they're still high, and the economy is all over the place. But 2026 is the year for you to get intentional and make real progress. That's right. Each week, we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have?

13:53Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This show contains information subject to, but not limited to personal takes, rumors, not-so-accurate stats, and plenty more.

14:35What's up, man? This your boy, Nav Green from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here. But guess what? It ain't the end of your season. You can always tune in with Broken Play Podcast with Nav Green on the Black Effect Podcast Network. Not a team who ain't going to the playoffs. It's chief. It's time to rebuild. Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast. Guaranteed human.