Title | : | WHY I STOP GIVING FAMILY MONEY AND STARTED DOING THIS |
Lasting | : | 10.08 |
Date of publication | : | |
Views | : | 22 rb |
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What family? Wife? Aunts? Cousins? Uncles? All assets are locked up No cash Conversation over 😂 Comment from : Abe Lanc |
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Sitting down with them doesn’t work my guy! Comment from : Urban House Tv |
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This all sounds good on paper but they still will try you Comment from : Caleb Henderson |
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But i really need to explain all these? I think i just have to say NO where necessary without expecting them to believe or not When u explain that is where they feel entitled to your money even when they r not Comment from : Martin musokem |
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0:01 t bring it Comment from : Cheryl Broadenax |
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I currently help my family because they helped me when I was struggling I have created a charity fund to help Comment from : Vickie Wilkins |
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My brother was out of a job for three years while using one of my spending accounts 35k later and helping him get a job that he got fired from he is now working and doing quite well but after all the help he insosts he owes me nothing that he agreed to pay back He has current responsibilities I wish I had the wisdom as you mentioned on when to be generous that I do now Comment from : etheareal |
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Just what I was looking for Comment from : Michael Green |
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Giving money to people isn't helping them The problem isn't being fixed They will ask for more money brIf you decide to loan money to a relative, assume you will never get it back I did it one time and they refinanced the loan under their name later on Comment from : steve gorkowski |
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I am a Bangladeshi citizen, I live in UAE, my family lives in Bangladesh, I have no parents, we have 8 people in our family, 3 are sick, our condition is very bad, I am also sick, so I want help Comment from : Rasel ***** |
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My family too much problem help me Comment from : Rasel ***** |
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❤ Comment from : Molly Phelps |
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I am not loaning nobody money I do not care who you are to me brMe giving my hard working Money out is over with them days is so over Comment from : Shaylas New journey |
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I had to unfortunately have a serious conversation with my mother about this Comment from : Miguel Rodriguez |
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Family and friends are the first ones to take advantage of you and screw you over Comment from : Foxtrotthree |
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I have had a chronic problem with family members asking for money On one hand I am a generous person, and I don't want to see anyone, especially family, going hungry or out in the street But by the same token, we need to set the appropriate boundaries; that is, we need to inform them that, even thought we might be doing well financially, there are student loans, taxes, etc that go along with that Moreover, alot of people I have helped no longer even talk to me, much less pay the $ back! Comment from : Ransome McKissick |
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Very informative, thanks Richard But have to say, it was really difficult to listen to what you were saying coz of the noise Please don’t record this way, unless you just parked somewhere and not driving brI managed to listen to the whole video but was very noisy had to lower my headphones to minimum and was struggling to listen to each word brOtherwise, I appreciate this and got value from it💚 Comment from : Gem Hauls |
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BEEN STRUGGLING FINANCIALLY AFTER I GOT COVID LAST YEAR NOW I AM DEALING WITH SEVERE ANXIETY PANIC ATTACK AND DEPRESSION I AM ASKING FOR YOUR HELP THINK I AM GIVING UPEVERYDAY I BEEN THINKING OF ENDING MY LIFEPLS HELP AND PRAY FOR ME Comment from : ram |
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2:20 the same they don’t see that they want you to pour before the cup full to the point they don’t want you to do anything for yourself because you should do it for them… Comment from : Susie Blanco |
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In Africa, what you are saying, won't work 😂brbrTell the family you can't what? Whoa hahabrbrGreat advice though Comment from : bobby munyavi |
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Every family has that one person who will break the family financial struggles, I hope you become the one 🙏 Comment from : Henry Noble |
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I've helped many fam members with money, some pay back, others well that's another storybrPS I love my familia too Comment from : Frodo Elwood |
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Great speech lots of gem 💎 Comment from : Kendal Moore |
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Thank you 🙏🏾 Comment from : MsJackson |
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When you truly love someone, you do all in your power to make them as comfortable as yourself Buying gt3rs and talking your way out of sharing is not love Also, if you love everybody, its an oxymoron to stack money to enjoy it, because people around you are literally dying from the lack of money Selling a toy like gt3rs and finding homeless to help them with $500 each would potentially transform their life forever, or maybe just give them a much needed break from dumpster diving or such We are disconnected from reality and the richer you get, the further you get from true love Comment from : ZeroOneOneTwo Three |
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Starting early is the best way of getting ahead to build wealth, investing remains a priority The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works Comment from : Melissa Jeffrey |
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It’s sad when you have worked so hard and sacrificed so much only to have family be envious of you when you start achieving your goals and make those thoughts things They’ve watched you hustle and bustle and never lent a hand, but now that you are becoming successful in what you’ve been committed to, now they want you to help them Comment from : Royal Thurston |
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If you watching this, invest in the company you see on his left side If yall miss it, he passed 4 amazon trucks, and im not mistaken those were rivian ev vans I am extremely invested in amazon, google, apple, AMD, block(square), tesla, and now rivian because of the amazon backing Comment from : Long Term Investments only |
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You are such a lovely, kind hearted , considerate man God bless you brother Comment from : Niall Cassidy |
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I don’t give family money because they only call me when they want something Won’t get a call from any of them for years until one of them either needs money or if someone dies It’s crazy Comment from : Peaceful4You |
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Give a hungry fish and you feed him for a day Give him a rod, teach him how to fish, and you will feed him for life Comment from : Dastan |
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You know you made it when you start wearing driving gloves 🚀 Comment from : SMG Digital |
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Where all da white womens at??? Comment from : Ivana Humpalot |
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You sell a lot of Crack and Crap Comment from : Ivana Humpalot |
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It’s hard for me though I’ve tried to build their wealth as well but unfortunately my family like immediate instant gratification Comment from : DeAiir To MILAN RECAP |
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👏🔥🔥🔥🔥💯👈 Comment from : NextCallCarl |
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Boundaries are essential On both sides Be on the lookout for family and friends who unconsciously sabotage our efforts to get ahead Give them a wide berth until you are in a position of strength and can help them help themselves Comment from : Cheryl Cuttineau |
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Thanks for this topic Comment from : raul fernandez |
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Facts! Real talk! Comment from : K7 B7 |
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You drive with gloves? 🤦🏼♂️ Comment from : G B |
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oh come on gloves really LMAO! Comment from : peace and food |
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🤣😂🔥🔥🔥 PURE MANIPULATION 🔥🔥💰💰💰💰 The Stock market is a casino 🎰 It’s a Big Scam Comment from : KOKO FINANZAS |
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I make sure to pass on everything I learn to family members As I build wealth, I want them to be building wealth also I want to be surrounded by people who are consciously working to build wealth By following this philosophy, you can limit money issues with family members Comment from : Rooti Lewis |
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Good job , we need to about that Comment from : Illah Boii |
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I agree, giving your family financial knowledge is extremely important Comment from : Financial Freedom Made Simple |
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Great video Yes it is important to set limits and boundaries I have been burned by this but not dealing with it anymore Comment from : novadhd |
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🔥🔥🔥 Comment from : Justin Fahr |
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Family members who are not disciplined with their finances/or won't change spending habits to benefit themselves, should not expect financial help from anyone Comment from : Diane Redd |
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I need help with financial education !!!!! Comment from : Dooski Doo2x |
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Just came across your channel today and subscribed Good content man Comment from : The Hound |
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This is a great video and topic Thank you Richard Spreading the financial knowledge is key to helping your family members I think just giving money is enabling! It's tough but the best thing to do Comment from : Money with Gab |
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Amen to all of this Nothing wrong with being a giver but you have to use wisdom in your giving Comment from : Being Beautifully Honest |
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Unfortunately, my family has a false sense of entitlement which caused a divide and separation when I started building wealth I always tried to include and encourage them when I started investing As my wealth increased, jealousy followed Attempts to Introduce them to my wealth manager fail on deaf ears Not everyone can be saved First and foremost my number one priority is to provide generational wealth to my wife and twins Comment from : World Traveler 🧳 |
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2:05🤣🤣🤣Lol! You’ve done well… How about helping us out! Comment from : Projekt 6 |
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Lol! You’ve done well… How about helping us out! Comment from : Projekt 6 |
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Lol! You’ve done well… How about helping us out! Comment from : Projekt 6 |
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bMAYBE NOT TODAY BUT I'LL SURELY BE RICH ONE DAY✅/b Comment from : nancy Dickson |
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How can alot of you can say all this positive what if All that went out the window when social media and greed oh and laziness came to play The hell with family when it comes to your wealth Comment from : Takota Clearwater |
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Comment from : John Beck |
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This was an important topic Thank you for this🙌🏿👏🏿 Comment from : Christian Kalala |
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Unresolved: I have a brother who has accused me of stealing money from our parents Thats how he attributed my lifetime work of building wealth I wasn't taking endless vacations and getting DUIs, I was working hard and coming home afterwards Comment from : altondavis2 |
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Money is not the end of it, family, legacy is close! Comment from : DG |
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A real man doesn't enable people he cares about He also gets a manual GT3 with the carbon buckets! Comment from : mg |
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We ball/b have family but we all bDON"T/b get along with our family I'll be binvesting/b by myself sad, but it's needed I've bNEVER/b really had the best relationship with them and I've made some piece with it but I can't afford to binteract/b with them on that level Comment from : Sort of Pop 🤔 |
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It’s no coincidence you drop this video today brThis is a gym Comment from : Lou Love |
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RIGHT ONMY MAN Comment from : George Ward |
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I keep my mouth shut when someone ask Me about my Money moneymoney moneymoney money Almighty dollar Comment from : Black Leykis |
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Thank you Richard fain for these great encouragement it's helping me a lot Comment from : Derrick ricketts |
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keeping it 100! as always! I can't stand coattail riders they could make the same money moves YOU do! don't wait til I succeed, and hold out your hand for money! Comment from : No1 No1 |
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If black people learn to work togetherthe outcome will be just incredible! Comment from : Earl Cheatham |
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Right now I have family staying with me, they said give them 2 months to find there own place, well it’s been 3 months now Comment from : Kris Santos |
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Great content!!! I do not want to repeat the same mistakes I made last year, I will like to invest my social security benefits and participate in great opportunities, please can someone share long-term investment ideas? Comment from : Donna W Couch |
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Dude u have to stop the reruns Comment from : Mr T |
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My family can get a rock right up side the head I be dam I give them a tenth of a second to ask for one penny#💯 Comment from : camryle12 |
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Great topic Richard Unfortunately money can destroy families forever especially among relatives and siblings when it comes to Wills or inheritances Comment from : Rudy F |
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Learned this the hard way too It’s been almost a year and still haven’t gotten my money too Comment from : Rogelio Barraza |
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Some will never accept your plan for yourself if they can't benefit The table needs things brought to it You can't take from a empty table (family-friend) Comment from : Mmantis |
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the worst kinda family is those who think they had something to do with your success thus they feel entitled to whatever they want from you Never heard from them while I was struggling, broke, living hand-to-mouth all throughout college and those first few jobs out of school Comment from : j_boogie |
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Recycled video? Comment from : Derrick Martinez |
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Love them from a distance, wtf You just Seem a bit tight and are ruled by money Comment from : Cockney_Red |
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Unfortunately, my family feels when it comes to paying me back, I don't need my money back To be clear, I am not rich I get up every morning and go to work I have no debt and I am saving for retirement I made the mistake of bailing them out a few times and never expecting nor receiving repayment Yet one by one they have all managed to burn that bridge and I now love them from a distance I told them all, you have messed up your money, now you want to mess up mine And that's not happening anymore! Telling them no wasn't as hard as I thought it would be I stuck to my guns and reminded them of the money they never even thought of paying me back, as if the money they owed me, wasn't important They all got the message and haven't asked for money in a few years Nor has one bothered to pay me back But at least we get along quite fine now Comment from : Cutitout G |
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Great video Richard !!! Keep them coming lol!! Comment from : Rodolfo Vesga |
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Yes I've had the same situation with certain family and a friend, I had to learn to tell them I don't lend money because it cause misunderstanding and problems, family and friends are not people to lend or do business with, I learned that the hard way Comment from : Rozetta Moultrie |
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Really good info I've had problems with family n money 💰 It didn't work out well at all Comment from : Vernon Delancy |
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Family can be the ones to be your downfall Your parents, siblings,,cousins and your own childrenbrbrI put boundaries on what I do for anybody I don't loan money out if I know they won't pay it back I give to them when I know they can't pay it back and won't bother me any cause I didn't expect it back from them brbrI set in my heart how much I give and whether or not I do it or not won't care how they feel about it I learned it ok to say no some times Comment from : TEXASMADE |
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ok Comment from : Bevvy Beebe |
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🧐 🤔 GOOD JOB, RICH !! 🙌 👏 THIS IS ALWAYS SUCH TOUGH ACT TO PULL OFFbr…SO GLAD TO SEE THAT YOU WERE ABLE TO ESTABLISH THIS UNDERSTANDING (ESPECIALLY BEING SO NEW INTO MONEY AND AT THAT YOUNG AGE) Comment from : SimplyGetPaid |
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Interesting topic I've learned not to discuss money with family, because folks start to get jealous comparing what you have to what they have It's nice to be able to help family out, if they get in a jam But, it's not really our job to do that for them They should be doing the same thing we are doing, building an emergency fund and investing Family will watch all the sacrifice and have their hand out for some free money based on a sense of entitlement I think we should keep finance details to ourselves, but we can give general advice how they can build their OWN wealth, if that's what they want to do Some people are just not on the same page and willing to make sacrifices They will be on social media showing off brand new this and that while we're building wealth Great topic Comment from : Dorsey Hip-Hop Jewels |
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So you're contemplating loaning 20k to a friend but not your family? J/K I totally get it man Family is forever, friends come and go I rather teach family to fish as well Comment from : Sonny P |
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Not gonna lie I wanted u to get on the throttle a bit so I can hear it 🤣🤣 great video as well Comment from : Mickys Kick Reviews |
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I will forever appreciate you, you've helped me and my family a lot, your videos, and advice are Inspirational and helpful to usbr"Anyone who is not lnvesting now is missing a tremendous opportunity"brImagine lnvesting $1,500 and receiving $9,300 3 days profits Ms Peggy is the best🇺🇸🇺🇸 Comment from : Vernell Ron |
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Are you a mind reader Mr Richard Fain, my family has been doing this to me lately Im the only one in my family that has financial common sense, even though Im guilty of overspending at times and being cheap and frugal, they sometimes find themselves in a pickle and ask me for money lol Comment from : Nfsman |
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Nive Gloves Keep up the great work Comment from : Lucky Finds |
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💯thanks again Comment from : Rob |
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NFL still in blood gear up to drive the car Comment from : Petesnik |
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How you love your mom from a distance? She is 70 and needs financial support and does not manage her fixed income very well Comment from : PLATINUM WHIPS |
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