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3 Money Principles to Skyrocket your Bank Account - How to Make More Money

5199 ratings | 139662 views
Are you looking for some financial freedom, in making more money so you have have the time to do what you enjoy? In this video I will explain the 3 best money making life advice as simply as possible. I’ve read tons of self-development and personal growth books, specifically ones that cater to financial ideas, and I’ve tested them (in my life and on my channel) and I’m sharing with you the top 3 that work the bets at skyrocketing your bank account. What do you guys think of this animation style? 1)Make money work for you 2)Do things that maximize value: Freedom and Happiness included 3)Invest in yourself 1)This idea doesn’t just go for entrepreneurs and investors, it goes to work for everyone. The idea is most people go to work for 8 hours a day and sell themselves for an average of $10 an hour before taxes. To earn more money, they have to work more hours, selling a larger percentage of their life to their employers, usually all in turn for a larger tax cut in the end anyways. The solution of this cycle is to Make your money work for you too. When you’re not at work earning $10 for every hour you sell of your life, you can work on creating a video that earns you $10 per month. Think about it, if it takes you 8 hours to make a video that earns $10 a month, that calculates down to a dollar an hour of your life earning $1.25. Now, at first this seems like scrubbing pennies, but over the course of a year, your video will have earned $120 while you have no maintenance work and just sit back drinking lemonade or working on more videos. This $120 a year for an 8 hour video just calculated to $15 an hour of your life. See, the idea is to make money work for you, because if you do it creatively like making entertaining videos or writing informative articles or researching valuable stocks to invest in, you’ll have an unlimited earning potential in the long run. Who knows, one video could earn you $1000, that stock could ten fold, and that article could give an interview to a higher paying and more enjoyable job. The takeaway from tip 1 - Use your money to invest in things that don’t require much upkeep but have an unlimited earning potential. 2)The Second most important money making principle is to do what provides you with the highest value. From my standpoint, creating these videos offers me immense freedom, enjoyment, and monetary wealth. What’s the point of earning a ton of money if you don’t actually enjoy earning it? The secret is to find an activity you enjoy doing, but also earns you the highest pay per hour of your time. I love to ride my motorcycle, and cuddle my girlfriend, but it doesn’t offer me any monetary wealth, so I have to spend a large portion of my time doing something that earns me money. In turn, the money I earn gives me the freedom to work my own hours and have all the time in the world to do both those things. The Takeaway from Tip 2 - Do what maximizes the value provided in your life in the long run, including happiness. You should have your cake and eat it too. 3) The last principle is to invest in yourself. For you to earn money, you have to offer value, it’s how all reciprocal altruistic relationships work. You give and you get. How do you get more? You give more. How do you give more? You invest in yourself. My favorite way to do this is to read books, they give you valuable ideas you can use as leverage for potential business deals. Another great way to increase your leverage is to improve your communication and social skills. I can promise you increasing your personal value will have the highest returns on any investment you’ll ever make in life. Living an extra 20 years because of good health decision is a prime example. It’s never too late to start. Passive Income Tutorial: https://www.youtube.com/watch?v=efkEvMVNY6A So, to recap: Use your money to invest in things that don’t require much upkeep but have an unlimited earning potential Do what provides you the maximum value, including freedom and happiness. Investing in yourself is highest ROI product out there. What I make my videos with: http://bit.ly/2fPakuK Insta: https://www.instagram.com/practical_psych/ Twitter: https://twitter.com/practical_psych Facebook: https://www.facebook.com/practicalpsych Credits: Animation, Design, and assorted assets by Joey Nasser: http://JoeyNasser.com Handshake by Artem Kovyazin from the Noun Project Glove by Effach from the Noun Project Motorcycle by Hea Poh Lin from the Noun Project Heart by Vicons Design from the Noun Project Cake by Mark McCormick from the Noun Project Book by Iconic from the Noun Project United States Flag by Artem Kovyazin from the Noun Project Weight Lifting by Felix Brönnimann from the Noun Project thumbs up by Oksana Latysheva from the Noun Project Assorted Human Icons by www.avaxhome.ws Font Comfortaa by Johan Aakerlund Check out MY Passive Income Ebook: http://bit.ly/PsychologyIncome
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Text Comments (389)
JJ James (3 months ago)
3 facts 3 minutes that's how it's done
Jack Lin (11 months ago)
Sale themselves. That's right.
Rose Lambert (1 year ago)
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solid snake (1 year ago)
What’s the point? The more you make the more taxes you gonna pay
Ricky Dixon (1 year ago)
Goodjob
Shinji_Tim_C (1 year ago)
I thought the animation was very nice but the information wasn't much helpful. Overall nice video tho.
Generic Internetter (1 year ago)
Watched at 2x speed and i lost nothing.
D. San (1 year ago)
This guy loves to do his girlfriend
Kaine (1 year ago)
Love this channel
Cameron Jacobs (1 year ago)
I love this style of video!
Yd D (1 year ago)
999 subs to 1 million congratulations
LegitMusic (1 year ago)
Loving the animation style, makes it easier to remember when I see visuals along with what you are saying 👍
Brian Velez (1 year ago)
Sweet, realistic, and to the point! I LOVE IT!
Deadpool 1 (1 year ago)
💓
NW James (1 year ago)
All, good info. I can add one more item. Learn chart patterns and invest in the stock market. You can forget listening to rumors and other opinions from other people. See my channel and join the journey.
Kayla Medina (1 year ago)
I'm curious about starting my own YouTube channel. Would you be willing to share some of your tips and video animation skills?
srikar (1 year ago)
he is such a good motivator and a amazing speaker
Raj Bhadra (2 years ago)
how you made these type of animation buddy ?
Mike Hacker (2 years ago)
Make $5,000 weekly, all you need is a US bank account or credit card.
Mike Hacker (2 years ago)
Linda Douglass [email protected]
Tangler (2 years ago)
Who does the animation?
Joey Nasser (1 year ago)
I do! For this particular video.
ODUCOM ENT GROUP (2 years ago)
I dont understand how to earn from Videos???
Ahmed Maher (2 years ago)
thank for your Greta channel. Can you please tell me what software animation are you using ? powtoons ?
Max Matacchioni (2 years ago)
What do you use for the animation?
Une Une (2 years ago)
This type of animation is better.
Blu Crystl (2 years ago)
Simple, quick, and good. Especially like tip number 2. Tip number 3 is great food for thought.
xAphenx (2 years ago)
Fun new animation style! I love the style, but I do think your color scheme is a bit garish and it doesn't match your brand's previous color pallet (e.g., baby blue on white). But I personally come to you videos for your content, the audio script, so you could really try any new style and it wouldn't make me more or less enamored. I love that you're trying new things though!
Nadia Oberholzer (2 years ago)
Think this new animation is awesome!! What software do you use?
Wilton Santos (2 years ago)
love this new type of animation. keep doing these. success always!
G Clarke (2 years ago)
good vid are you using after effects and illustrator ?
John Cavanaugh (2 years ago)
The ukelele music makes me angry.
Practical Psychology (2 years ago)
Thanks for the feedback :)
Tertius v. N. (2 years ago)
I like this style as well as the default style. Though the default one you can see everything said in the video at the end, which is cool, but I like the summary at the end.
Jonathan Davis (2 years ago)
I like the animation style about the same. stick with whichever is easier. Although, I seem to remember the things on the white background better.
Jonathan Davis (2 years ago)
I like the animation style about the same. stick with whichever is easier. Although, I seem to remember the things on the white background better.
Codename FireFly (2 years ago)
you can make $ from making youtube videos?
Bianca N (2 years ago)
"Make a video" 🙄🙄 boiiiii
Suny Side (2 years ago)
the video of the comment bellow
Suny Side (2 years ago)
Take money from your mom.
Suny Side (2 years ago)
Works for me xD I earned a couple hundred bucks ! but your idea is still better :D xD thanks for the reply ! great content! congrats for 500k ! yassss keep it up
Practical Psychology (2 years ago)
Hmmm, not sure on this xD
Prafull Tiwari (2 years ago)
which video software do you use? I need to prepare a presentation in my college. It will look cool if I use animation
Victoria Litvak (2 years ago)
nice, awesome videos!
Practical Psychology (2 years ago)
Glad you enjoy them, thanks for the feedback :)
Super Tonys (2 years ago)
i like this type of annimations
Practical Psychology (2 years ago)
I'm glad! Thanks for taking the time to give me valuable feedback :)
Daniel Googolstars (2 years ago)
Excellent
Practical Psychology (2 years ago)
Glad you liked!
Straight Up Tutorials (2 years ago)
Good point on the self-investment. It's truly amazing where it can get you. Love your videos by the way.
Jan Bednarz (2 years ago)
Hey, I've been watching and enjoying your videos for a few months now and I thought most of them were very good, well spoken and highly educational. I would very much like to thank you for helping me improve my life as I have. However, in recent videos I feel like you have been talking faster and faster and I speak fluent english as a second language and I watch movies and series in english, but I had to watch this video twice to understand you at some points. I like the new animations, I love the content, but please, could you slow down a little? This is in YOUR interest, sure most people that want to improve themselves will learn english at some point in life, but how far have they come? How fluent are they? Should you not take the time to speak a little slower in order to maybe increase your audience? Thank you for all the great videos you make, you seriously rock! I hope you think about my comment.
but my YouTube videos got no views :(
@PingPing The tiny chain smoker thanks alot bro! Sub to me if you dont mind! :D
You get a few hinder per vid keep going and try to get bigger because you might get a niche with kpop
Matas Mendelis (2 years ago)
Great video, like always :) The first principle is called "passive income". Haven't You read Robert Kiyosaki book "rich dad poor dad". It is a great book to make a review on and You should make a seperate video about passive income. I have seen a video on Ted talks about it. It has almost 500 000 views ;)
David Razberry (2 years ago)
I think that the animation style is great. But I would get tired of the green background fast. Maybe switch up the color every few videos. Or even with each new video.
David Razberry (2 years ago)
What if you also made moto vlogs.
BobtheBusinessBuilder (2 years ago)
Just the second video I've watched by you. I like what I see, you sir have just earned yourself a new subscriber! I look forward to seeing what you have to offer
David Vice (2 years ago)
buy bitcoin and wait....
Conner Franks (2 years ago)
I liked the animation
Jens Roelant (2 years ago)
Glad I stumbled upon your channel. Really good insights on creating and pursuing a "happy" life.
-Tom - (2 years ago)
😂😂😂😂 I got a Tai Lopez af before watching this.
Andrew Reidenbaugh (2 years ago)
I enjoyed the animations, good work!
Azhan Azhan (2 years ago)
Hi PP, I see that you changed your style. What software are you using, if you don't mind sharing :)
Brayden Rogers-Stone (2 years ago)
I love this art style
WolfaRiio (2 years ago)
I enjoy your videos a lot. I am a person who has always been interested in reading but I almost never finish a book, mostly because I get bored after spending 20 minutes sitting and reading. In one of your videos you mentioned audio books, it's something I have tried but sometimes I can't visualize what they're saying. That's why I think your videos are perfect. I have a question, What else should I do? Sometimes I want to go more in depth but I feel I lack the patience to sit and read a whole book, also, I tend to get lost while listening audio books because I can't always visualize it. I want to invest in myself and expand my knowledge, I really do. I don't know if I'm explaining myself well.
Ghosteriz (2 years ago)
Earn more give more / Give more earn more equal to Healthier and live longer.
Alec Hoop (2 years ago)
This idea is well articulated, and I liked it very much. Start from today
Abdallah Raafat (2 years ago)
Nice Anim! ThanQ
trew news (2 years ago)
I like it 😁
Havit Abit (2 years ago)
I prefer the old style because the end of the old style videos gives a better summary of the video
Practical Psychology (2 years ago)
+OneWingedBadass Thanks for the feedback!
Adam Harrington (2 years ago)
Tai Lopez was in the advert before the video, that's what you call targeted advertising.
Practical Psychology (2 years ago)
+Adam Harrington cool!
Thomas (2 years ago)
Wow, i really like these animations!
Practical Psychology (2 years ago)
+AnniShrekt Thanks!
Gourav Jr (2 years ago)
Great #Values
Weekly Wisdom (2 years ago)
extremely helpful!
emeraldfire (2 years ago)
A new fan here. Great content.
Kornél Illyés (2 years ago)
Please do a video on how to calm others down in dangeorus situations.
Mubaris NK (2 years ago)
Do the book review of "Quiet - The Power of Introverts in a World That Can't Stop Talking" by Susan Cain.
Swagkilla Scoper (2 years ago)
I remember when you had 1000 subscribers
devmaster 321 (2 years ago)
I discovered this channel yesterday and I just have to say thank you for all of your great content
OFFICIALToonday (2 years ago)
it would be a great help if you shared with me what you did Thanks!
OFFICIALToonday (2 years ago)
hey Joey I started an animated improvement channel like yours and was wondering if you could share with me how you grew your channel so fast. because I see that you only started less than a year ago
Joey Nasser (2 years ago)
#LIFE Hey there! I didn't actually start this channel or anything, I just did the animation/design of this video as a freelance artist.
OFFICIALToonday (2 years ago)
hey I just started a channel like practical psychological's yall should check it out!
Theamanjadon (2 years ago)
What types of books do you recommend reading to improve myself? I feel like reading Fiction is more enjoyable, but will help pout less in the long run.
SpaghettiandSauce (2 years ago)
I know it's become fashionable in recent years to question the old advice of "do what you love". People argue "it might not be what the market wants", and yes that's true, and yes you have to be creative about it. But remember three things: 1. If you love it, other people out there do too. 2. If you don't love it, you're going to wind up hating it, and you won't put in the time and effort needed. 3. What's the point of dying rich if you've led a miserable life you hated?
Twix Xer (2 years ago)
proud to say that I have subscribed to this channel before this chanel had 10k subscribers. :)
Yori Edwardville (2 years ago)
animation is great!
richard zapatero (2 years ago)
This animation is cooler :P
Ibrahim Mahdi (2 years ago)
I like this kind of animation, rather than the previous bean whatever animation.
Alex Gutierrez (2 years ago)
Good video and agree with the info. keep up the good work!
Mr Broom (2 years ago)
I earned 0,66$ since I started my YouTube channel (in August). And it's so freaking cool for me xD
JerryWhoopX (2 years ago)
I liked this short clip, but please remain the older style/length of clips. If you could keep those two kind of styles/lengths of the video's, that would be perfect.
Jim Lee (2 years ago)
living an extra 20 years is expensive...
Ruth Collis (2 years ago)
Huh? How do you get one video to make $10? You never explained how that's real reality...
Ruth Collis (2 years ago)
Ok, thank you, but not everyone knows that and 10,000 views is definitely not average, so thank you very much for being informative. :)
Ruth Collis (2 years ago)
Thank you but how does views translate to money? I know clicks make money from the ads, but how do views make money?
laura (2 years ago)
could you do a video on how to have as much natural energy as possible?
Zain Wayne (2 years ago)
What bike you ride bro?
jose luis Rodriguez (2 years ago)
Hello from Mexico! I love your videos ;)
Sheldon Jones (2 years ago)
Thanks! Love the new animation style.
ObjectifPanda0ne (2 years ago)
Do someone have the link to the song at the end of the video plz ?
Jörg Spetzlav (2 years ago)
great video but shitty title ;-)
Jovan Davidovic (2 years ago)
Great tips. Like your videos.
Brigadeiro Apimentado (2 years ago)
Hello! Maybe you wont read this, but I would like some information on "how to fix problems without complaining" (or how to stop complaining) specially on a situation where more than 1 people is involved. (such as relationships.) I feel like if I dont complain the other person never gets whats happening wrong, and I dont know how to convey this the best way possible. (i found little to no information on the topic so far.) Also I really want to point out that for a person who watched most of your videos, your content is awesome and I really love it. HOWEVER, the music is starting to drive me crazy, its very repetitive and it being the same on all videos.... Its just a tiny thing tho. Please keep more of them coming~~ THANK YOU! =]
Apostle Bongani Muthisi (2 months ago)
The best way to avoid fixing an issue without complaining is avoid addressing a matter when its still hot if you have not yet mastered your emotions. Let it blow over, give yourself time to calm down and then try to objectively look at the issue - then talk about it in a non confrontational way. That should help you
Nikhil Joshi (2 years ago)
How do you make these videos? Please name the software used. Thank You. Greetings from India. Merry Christmas. :-)
154775 (2 years ago)
That's what I find difficult to do. Thinking long term. I use to sell hardcore online when I was working retail because my pay sucked. Now that I can make $100+ in a few hours at my new job finding motivation to sell something that will make me $5 is hard. *I have the mind set of "meh I can afford not to have an extra $5" so I don't put in the work to make $5.*
JaydeKe (2 years ago)
nice video. I like the new graphics too.
jimbobillybob1959 (2 years ago)
1 important thing... don't forget, this life is temporary what about the next one??? Make sure you invest wisely :)
P (2 years ago)
Minimalistic. I like.

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