And this is going to ruffle some feathers.

You want to prioritize earning over saving.

So one of the biggest mistakes poor people make is they think they can save their way to wealth.

But the truth is, it's better to focus on how to 10x your income than save an additional 10%.

What's going, everyone?

I was thinking about the advantages that rich kids have the poor kids

outside of money and i actually think that the greatest advantage they have are non-monetary

it's changing how the kids think and changing their worldviews. And I think that's the gift of being

quote born rich. And I try to break down some of the behaviors that I've observed between

rich kids and poor kids or rich parents teaching rich kids and poor parents teaching poor kids.

And I think you'll enjoy it. I'm going to show you why being a

small business owner is the best tax deal in America. So let's say that your business nets you

$100,000 per year in income. All right. Now normally you'd pay $14,600 in taxes if that's how you

filed, right? So you'd have, call it roughly $85,000 per year

post taxes and you pay somewhere in the neighborhood of around 15%. Not bad, but the thing is,

is that as a small business owner, you can drop this all the way down to six. So let me show you how.

So with your $100,000, if you're running

your business out of it, then you probably have a phone. You probably have Wi-Fi. You probably have

a car. You probably have insurance. You probably have gas. You even have clothes to a certain degree

if you're wearing them in a specific way during meetings that you can prove.

You might use a portion of your house that you use specifically for work that you designate.

All of the costs of all of these things, you can take out of your $100,000.

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