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5 Signs Someone Is Secretly Broke

George Kamel

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5 Signs Someone Is Secretly Broke
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You may dream of what it’s like to be wealthy every time you see your neighbor’s Porsche or fishing boat, but you might actually be looking at a giant loan payment. In this episode, you’ll learn five signs someone is secretly broke and how to build true wealth.

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20 Comments

@Mrclean308 1 year ago Pinned

I will click your links George. Have some clicks

@danstubbs5032 1 year ago

My neighbors all think I'm broke. I like it that way.

@mweber555 1 year ago

Best Advice....STOP worrying about what other people are doing. You will be much happier.

@bradpnw1897 1 year ago

Just got down to only $3000 dollars of total debt. The house is paid off. Prettty soon no debt. God bless

@AaBbCcDdEeF 1 year ago

I’m openly broke.

@LarryAndersonsFantasticTheater 1 year ago

No one is coming to help you. So true.

@Somnifluous 1 year ago

I'd rather be broke than buried in debt. Paying off debt is real financial freedom.

@Petesworkshop2225 1 year ago

Everything paid off. Use cash now. My family still thinks I'm struggling paycheck to paycheck.
I like it like that.

@HermannCortez 1 year ago

Id rather have a cheap wallet with $5000 in it than a $5000 Gucci handbag with nothing in it.

@deelehey2827 1 year ago

Quiet wealth has no need to flaunt.

@jrm2383 1 year ago

I owned a couple duplexes after l got married years ago. Had 2 little kids, spent every weekend working on them and working full time. I had a tenant who was always late with rent, changing jobs , unemployed etc. Came home one day and there was a boat in the driveway. Not 2 nickels to rub together but he buys a boat.

@joetuktyyuktuk8635 1 year ago

I was on lunch break at work and a friend of mine was talking about a guy at work that just bought a pair of quads, 2 brand new sleds and a fishing boat. He told me the guy took out $120,000 "Home improvement" line of credit... my friend was talking about it like he was jealous. I laughed and told him, don't be jealous about someone going into debt... any fool can get into debt, thats easy. 🙂

@BaoNguyen-un1km 1 year ago

It’s my experience that ppl who looks rich doesn’t have a dime to their name. But the true rich just doesn’t flaunt it

@Psyoper83 1 year ago

1. Confusing Income with Wealth 0:38
2. Spending Big to Look Rich 1:40
3. Lacking Financial Discipline 3:30
4. Having Money ADD 4:13
5. Not Having a Financial Plan 6:02

@GardenAndgrow 1 year ago

Being broke is stressful and expensive. People get dumber when they are stressed

@travis79109 1 year ago

Gherkin 9 to 5? That’s actually pretty genius! Might have to appropriate that

@dizzysdoings 10 months ago

When you really think about it, how many athletes, lottery winners, actors, etc, lose everything in a short period of time because they don't plan for the future.

@99problems.allinmyhead 9 months ago

As someone who used to have “money A.D.D.”—there’s another, less-acknowledged underlying emotional issue: insecurity and low self esteem. My whole financial and entrepreneurial landscape changed when I realized the reason I kept jumping from one thing to another was because I lacked confidence in my ability to succeed with what I actually wanted to do. I didn’t believe I was capable, so I self sabotaged by never committing to real action.

@matthewc9806 1 year ago

Confusing income with wealth is a big one. If you have 300k cash and invest it for 20 years, and lets say you work a job only making 30k a year to live off, you will be worth 2.4m in 20 yrs. If you make 100k and invest 10k a year for 20 years, you will be worth 640k.