Breaking Free From Poverty: A Real Strategy That Works
Growing up in the projects taught me harsh lessons about poverty - lessons you won't hear from mainstream financial advisors. This video isn't your typical "save money and invest" advice. Instead, I'm sharing the real, practical steps I took to break free from poverty, including the mindset shifts that made it possible.
After facing tough times - from shoplifting food to survive to making hard choices between paying bills and eating - I developed a system that not only got me out but ensures I'll never go back. If you're struggling with poverty, traditional financial advice like budgeting apps or investment strategies probably isn't what you need right now.
In this video, I break down:
Why simply "working harder" isn't always the answer
How to build wealth when you're starting from zero
The truth about balancing survival with growth
Real strategies for building skills and opportunities
Why your mindset about money might be holding you back
How to avoid common traps that keep people poor
I share personal stories, including how I managed a $3,500 monthly boxing sponsorship, avoided lifestyle inflation, and made decisions that set me up for long-term success. You'll learn why hoping for the best isn't enough - you need concrete plans and backup plans.
This isn't just theory - I've lived it. From my family's experiences with predatory loans to learning the hard way about credit building, I'm sharing real lessons that can help anyone break free from the cycle of poverty.
Related video:
Living in The Projects Taught Me Why Poor People Stay Poor: https://youtu.be/EpryTVrglzA?si=9TLSyKiU82t6QmMW
Relevant studies:
Coaching improves employment outcomes: https://psycnet.apa.org/record/2006-21431-004
Social class, solipsism, and contextualism: how the rich are different from the poor: https://pubmed.ncbi.nlm.nih.gov/22775498/
Fostering and Measuring Skills: Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success: https://www.nber.org/papers/w20749
#poverty #personalfinance #theprojects