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In this video, we dive deep into why most people aren’t wealthy – it all comes down to not understanding money. Whether you're balancing your checkbook or just saving your income, understanding the true value of money is key to building wealth. From inflation to the devaluation of the dollar, we break down the importance of investing in hard assets that grow with inflation, like real estate, stocks, and even crypto.
We also explore the generational shift in money management, why hoarding cash isn't the path to wealth, and the importance of teaching your kids about financial literacy. You’ll learn how passive income, the concept of fiat currency, and understanding the true value of your time can transform your financial future.
Whether you’re new to wealth-building or looking to refine your financial strategy, this video will offer practical advice and insights to help you make smarter, more informed decisions about your money. Don’t forget to like, comment, and subscribe for more content on mastering money and building lasting wealth!Ken has a real estate strategies podcast! Follow your favorite platform each week.
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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.
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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.
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