| Looking for billionaire Charlie Munger's advice on 7 money habits you must quit? What are some ways to escape poverty? How to become rich and powerful? ▶️Please Subscribe: https://www.youtube.com/@financialfreedom. Hey guys! Welcome to Financial Freedom and in today’s video, we will discuss seven money habits you must quit to escape poverty by Charlie Munger. If you want to make a positive change in your finances, you must lose some habits to escape poverty. Lack of resources and a lack of optimism are both aspects of poverty. There is no denying that different people experience poverty in various ways. People who are poor frequently feel helpless to alter their circumstances. They could feel cut off from their local community. Financial preparedness, a good outlook, and the ability to accept assistance are all necessary for overcoming poverty. Charles Thomas Munger is one of the widely known American billionaire investor, entrepreneur, and former real estate lawyer. Buffett has referred to Munger as his closest associate and right-hand man and he serves as vice chairman of Berkshire Hathaway, the company he owns and controls. ▶️7 money habits you must quit to escape poverty: 1. Quit value investing 2. Quit being a spendthrift 3. Procrastination 4. Never take loans to cover your expenses 5. Break gossip habit 6. Delay seeking instant gratification and save up for the things you want 7. Focus on one project at a time So, quit those bad money habits to improve your financial situation and make a change in your life. If you like this video, please SUBSCRIBE and don’t forget to press the bell, 🔔 like, comment and share. Stay safe and Love all. 😍 -------------- ▶️Please Subscribe: https://www.youtube.com/@financialfreedom. --------------- 📧 For Business Inquiries: [email protected] --------------- ▶️My Other Videos: • Warren Buffett Tips on How Should You Invest in 2023: -iE • 10 Best Assets to Invest in During Your 20s & 30s: • THE PSYCHOLOGY OF MONEY: _-qg • Why Most People Should Invest In S&P 500 Index: -------------- ▶️Disclaimer: We are not financial advisors. Our YouTube videos exclusively contain personal opinions that we have stated for educational purposes. You must do your own research and, if necessary, consult a qualified financial advisor in order to make the best financial decision for your unique needs. There is no assurance that you will be successful in earning, saving, or investing money. There is also no promise that you won't lose money when investing, so be aware that all investments carry some level of risk. -------------- #charliemungeradvice #escapepoverty #FinancialFreedom #waystoescapepoverty #howtoescapepoverty #howtobecomerich #badmoneyhabits #habitstoquit #charliemunger #moneyhabits #poverty #success #money #habits #rich |
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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