How to get rich young!

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8 • 692 Ratings

🗓️ 5 July 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Ken and Danille as they walk through advice and tips on how young people can start off right on their lifelong financial success journey! Sign-up for the webinar with Danille on "Growing Your Business through Social Media" on Wednesday, July 13th at 5PM Pacific: https://kenmcelroy.com/webinarWant to ask Ken a question or have him look over a deal? Sign up for Ken's Inner Circle: https://kensinnercircle.com• • •Be sure to click the bell to be notified as soon as the next informational video is posted!Visit Ken's Bookstore: https://kenmcelroy.com/books/•ABOUT KEN:Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.Ken's company: https://mccompanies.com/• DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. 2022 KenMcElroy.com, LLC. All Rights Reserved.Link to the opening countdown song: https://artlist.io/song/64365/all-the-way-up#kenmcelroy #LiveStream #realestateinvesting

Transcript

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0:00.0	Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything
0:07.8	real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my
0:14.0	co-host, DeNeal. Let's get right into this episode. Welcome to the Ken McElroy show. I'm your
0:19.4	host, Danielle, here with Ken. What's
0:21.3	happening? Ken is working on his posture, so he's setting up really straight today. I got told
0:27.4	our video guy told him that he was slouching. So anyways, we're coming to you. We're pre-recording
0:34.0	today because we're out somewhere traveling we always like to deliver well we
0:38.1	got a good topic i like this one yeah we're going to talk about how to get rich young so if you guys
0:44.5	are young yourselves if you have kids even if you're older you could use some of these topics but
0:50.4	it really is focused on you know if you're a young person, how do you get rich?
0:55.1	Yeah, this is not a Bitcoin thing. Yeah. We're not telling you to invest in Bitcoin.
0:59.3	Crypto. These are some basic blocking and tackling things that that you guys should do,
1:05.5	could do. I wish I would have done. We were talking about this before the show. Like,
1:09.5	man, I wish I would have known some of these things in my 20s for sure and even teens.
1:13.1	And these are things you definitely want to teach your kids, right?
1:15.7	Because I felt like I had no idea about money until I was in my late 20s.
1:19.3	And my parents did a really good job on a lot of things, but teaching me about money was not one of them. Right. So let's just be clear. I don't know about you guys, but I didn't even know how to open a bank account or checking
1:32.0	account when I got out of school hardly.
1:34.5	I didn't know how to talk to a financial plan or I just was handing money over after
1:39.6	college.
1:41.0	So these are things that are not taught.
1:43.3	And there are ways that you can help your kids
	...

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