October 14, 2019
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3 THINGS YOU SHOULD NEVER DO WITH YOUR MONEY


what’s going on fam it’s your boy here we just got paid and it’s time to show them how we do how’s it going today guys so today I’m going to share with you the three things that you should never do with your money so here’s the cold hard truth 49% of Americans are currently living paycheck to paycheck but what does that exactly mean what that means is that every dollar that comes in goes out and you’re left with nothing at the end in fact you are one major expense away from going into debt if you are someone who is currently living paycheck to paycheck you would likely have a net worth of zero dollars or even worse you may be in a situation where you opie ‘pl more than you even have that would mean you are in debt now there are many reasons why someone ends up in a paycheck to paycheck situation and I’ve done videos talking about this in the past but today I want to address the three things that you should never do with your money under any circumstances and unfortunately this is something many people do with their money and this could be the reason why you are in a paycheck to paycheck situation where every dollar that comes in ends up going out so the first thing you should never do with your money is gamble with your money and unfortunately a lot of people out there are doing this because they have the desire to win a lot of money so recently in the United States the Powerball lottery drawing reached an astounding level of seven hundred fifty eight million seven hundred thousand dollars and as a result I had a lot of people asking me hey are you gonna buy a Powerball ticket and I said absolutely not and they thought I was crazy for saying that because that’s over three-quarters of a billion dollars imagine what you could do you could buy all the houses you want you could drive six Lamborghinis but here’s the truth guys the odds of winning the Powerball are very very slim so for this particular drawing the odds of winning were somewhere around 1 in 292 million your odds of getting killed by a vending machine are one in 112 million so you would likely be killed by a vending machine before you won this Powerball now I want to ask you a question how many people do you know of that were killed by a vending machine because I don’t know one single person but the odds of getting killed by a drink dispenser or a snack dispenser are better than the odds of winning a Powerball lottery like this your odds of becoming the President of the United States are 1 in 10 million which is significantly better than the odds of winning the Powerball so why don’t you decide you’re going to become the president instead the truth is gambling is an optional tax on the stupid and you should never gamble with your money the second thing you should never do with your money is order bottle service now for those of you who don’t know what bottle service is let me just explain that to you bottle service is something you order when you’re looking to waste as much money as possible in the shortest time frame so you go to a bar and you see a separate VIP section with tables and very important looking people and you say hey I want to sit at one of those tables so you go up to the bartender you say hey I want to order bottle service next thing you know they bring a bottle over to your table they bring mixers in exchange for this they are charging well over a 1,000 percent markup on that bottle of alcohol so the average bottle service in Las Vegas ranges from 350 to $600 you’re paying over a thousand percent more for that bottle of alcohol just to drink it in front of people however let’s take this a step further if you go to the Hakkasan nightclub in Las Vegas and order the Armand de Brignac dynasty collection you will be paying $500,000 for bottle service I’m not kidding you just to put this in perspective it costs about thirty thousand dollars to build a school in a third-world country so instead of spending half a million dollars on bottle service you could open 16 schools in developing countries and still have 20 thousand dollars left over ordering bottle service is one thing you should never do with your money and the third and final thing you should never do with your money and this is a mistake I made myself is buying an expensive car guys I lost almost ten thousand dollars on a car over the course of one year because I made the mistake of buying an expensive car the thing is Americans are obsessed with cars especially young people like myself and this is a financial trap that you need to avoid many of us see cars as a status symbol an expensive is a temporary escape from our financial reality or a depreciating liability whichever one you want to look at in fact the average car payment in the United States is now 503 dollars per month so 49 percent of Americans are paycheck to paycheck meanwhile the average person is spending over $500 a month to drive a car does that make any sense to you I think that many of us have lost touch with what a car actually is a car is a method of transportation here are two people who work for the same employer one person drives a ten-year-old economy car that is paid off so his car payment is zero dollars a month the other person drives a brand-new luxury car and his car payment is $600 a month both people are able to get to their job at the same time because a car it’s a method of transportation spending $600 a month on the car does not help you earn any more money they both get to the job and they both make the same amount of money a car is a method of transportation I truly believe this is the number one problem with society we buy things we don’t need with money we don’t have to impress people we don’t like and I don’t want you guys to fall into this trap these are the three things that you should never do with your money and guys if you know somebody who is doing any of these things with their money please share this video with them and maybe it will be a wake-up call for them but if you guys watch this whole video I certainly appreciate you for sticking around please take a second and check out my channel hit that like button and consider subscribing to be notified of future uploads like this and please share this video with other people so they can have their eyes opened to the 3 things you should never do with your money thank you for watching this video you

Otis Rodgers

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100 COMMENTS

  1. Ryan Scribner Posted on March 19, 2019 at 12:41 am

    FREE 5 Step Money Making Blueprint: http://www.ryanoscribner.com/start
    Follow Me On Instagram: @ryanscribnerofficial

    Reply
  2. Breaker Morant Posted on May 12, 2019 at 7:25 am

    Go long term.
    Buy quality.
    Maintain your stuff.
    Still have quite old
    Sequoia, SL, Jeep,
    Look great, run great.
    Timeless.
    Only thing I don't hang onto is food…..

    Reply
  3. Honey Posted on May 16, 2019 at 2:26 pm

    He’s Outstanding ❣️❣️

    Reply
  4. Juan carlos Leonnava Posted on May 16, 2019 at 8:52 pm

    Great paycheck by paycheck video theory

    Reply
  5. polymathecian Posted on May 19, 2019 at 8:34 am

    Basically, don't be an idiot.

    Reply
  6. AL Fonzo Posted on May 20, 2019 at 7:08 pm

    1. I use the lucky day app
    2. I don't drink, not even socially
    3. I can fly🐦

    Reply
  7. Shafi Ahadi Posted on May 21, 2019 at 5:12 am

    *clicks of when sees the "Make America Great Again" hat

    Reply
  8. Mason /G traveller Mystic Posted on May 22, 2019 at 1:01 pm

    Great wisdom

    Reply
  9. AS START EARNING 1,000 DOLLARS A DAY Posted on May 23, 2019 at 7:47 am

    Video worthy to watch until the end….yt

    Reply
  10. TOAST 8704 Posted on May 23, 2019 at 12:53 pm

    The moment he said ‘a car is a method of transportation’ made me dislike

    Reply
  11. paulgilpin Posted on May 25, 2019 at 4:21 pm

    i'm thinking a segment on "killer vending machines". maybe J.J.Abrams can be the host.

    Reply
  12. Est. 1996 Posted on May 25, 2019 at 5:20 pm

    Hit the subscribe button within 5 seconds that intro tho

    Reply
  13. David Ortiz Posted on May 25, 2019 at 6:24 pm

    Alcohol really drains your pockets.

    Reply
  14. Amin Bhula Posted on May 27, 2019 at 4:07 am

    100% agreed

    Reply
  15. Ronquesha Farris Posted on May 27, 2019 at 6:31 am

    dude just made me google people killed by a vending machine lmao

    Reply
  16. Ronquesha Farris Posted on May 27, 2019 at 6:31 am

    dude just made me google people killed by a vending machine lmao

    Reply
  17. HannuKaleviElo Posted on May 28, 2019 at 5:53 am

    This is my investigation for CIA, FBI, MI6, SVR and MOSSAD! Read below…

    Reply
  18. Theonlyonestanding Posted on May 28, 2019 at 6:01 am

    Thats why I buy an old Chevy or Oldsmobile or Toyota or Honda from the 70s or 80s or 90s model and then I'll drop a new motor in it and the car would last me 10 or 20 yrs or more bc i'll buy another old car and have it rebuilt motor and transmission so I'll have two old cars that would last 10 or 20 or longer..

    Reply
  19. Nom de Guerre Posted on May 29, 2019 at 4:00 pm

    Don't go to bars, period

    Reply
  20. Bernie DIAPER SANDERS Lukso Posted on May 30, 2019 at 3:35 am

    Yes, but why suggest buying schools for third world country when you can use that money to buy your own house which is a better investment than spending it on people you don't know. The US spent millions and millions of dollars to help foregn countries what does it get back?
    Human trafficking, illegal immigration, drugs and criminality.

    Reply
  21. Tha avalanche Allarius Russ Jr Posted on May 31, 2019 at 5:05 pm

    😂😂

    Reply
  22. Talelani Randobi Posted on June 1, 2019 at 9:01 pm

    So, you are saving money to buy what…??? i hope that is not GREED…!!!

    Reply
  23. Keeno Jacquet Posted on June 2, 2019 at 5:06 am

    Great video

    Reply
  24. proamerican freedomfighteranticop Posted on June 2, 2019 at 2:17 pm

    I live paycheck to paycheck cause my money goes to investments which pay me and so I can live tomorrow great

    Reply
  25. Sfiso Posted on June 2, 2019 at 10:34 pm

    A 1000% more for a bottle just so you can drink it in front of people.

    Reply
  26. Rod McDonald Posted on June 5, 2019 at 4:31 am

    I buy a classic lotto ticket every week. It cost me a dollar.

    Reply
  27. DINAH DITAS SARPEY Posted on June 6, 2019 at 6:37 am

    Never gamble with your money.

    Reply
  28. Jimmy slice Posted on June 7, 2019 at 12:42 am

    Dope simply dope

    Reply
  29. F Z Posted on June 7, 2019 at 2:20 pm

    “Then
    rules and laws should be established to regulate the excessive fortunes of
    certain private individuals, and limit the misery of millions of the poor
    masses; thus a certain moderation would be obtained. However, absolute equality
    is just as impossible, for absolute equality in fortunes, honors, commerce,
    agriculture, industry, would end in a want of comfort, in discouragement, in
    disorganization of the means of existence, and in universal disappointment: the
    order of the community would be quite destroyed. Thus, there is a great wisdom
    in the fact that equality is not imposed by law: it is, therefore, preferable
    for moderation to do its work. The main point is, by means of laws and
    regulations to hinder the constitution of the excessive fortunes of certain
    individuals, and to protect the essential needs of the masses”.

    (Abdu'l-Baha, Baha'i World Faith – Abdu'l-Baha Section, p. 281)

    Reply
  30. Misun Zahn Posted on June 7, 2019 at 6:59 pm

    One thing you should be doing with ur currency is buying silver every month.

    Reply
  31. c vybz Posted on June 8, 2019 at 5:23 am

    wow your so right waste of money

    Reply
  32. CHNK BUTT Posted on June 8, 2019 at 7:05 am

    just to bad no1 has the balls…

    Reply
  33. Helen Heard Posted on June 8, 2019 at 9:27 pm

    Dam just can't have any fun dam u money.

    Reply
  34. James Howitt Posted on June 9, 2019 at 10:00 pm

    Cars are a huge waste of money. The last new car I bought was a 2006 BMW M3 that I paid ~$140,000 AUD. I sold it 3 years later for ~$90,000 AUD. Now, I drive a car worth ~$7,000 AUD. We're also 100% debt free, have ~$1.1m invested, and each work part time in our business.

    Reply
  35. troy lenz Posted on June 12, 2019 at 12:53 pm

    The odds of becoming the president of the United States are ten million to one? Odds for who, the kid from Compton with the crackhead mother or the kid from a super rich family that goes to Harvard are the same? Really?
    Don't waste money on fancy drinks?How about not going to the bar at all?

    Reply
  36. Emilio Vasquez Posted on June 12, 2019 at 11:04 pm

    This nigga really said bottle service wtf

    Reply
  37. Martin Lehfeldt Posted on June 13, 2019 at 1:42 am

    Bottle service…woe, wasn't aware of that. Crazy

    Reply
  38. RG COLDWORLD Posted on June 16, 2019 at 8:43 am

    I've done all 3, in my youth to many bottles to many cars and have lived in Vegas, now I live in a Semi on the road, this guy knows what he's talking about!

    Reply
  39. William Bednarz Posted on June 17, 2019 at 12:40 am

    Try being struck by lightening – two days in a row !

    Reply
  40. Duncan Cox Posted on June 17, 2019 at 1:36 am

    Have to disagree that a car is just a method of transportaton. My 1940 Ford, for which I paid cash, is a method of putting a big smile on my face every time I get behind the wheel. I don't gamble, never heard of bottle service until this video.

    Reply
  41. Javier Juarez Posted on June 17, 2019 at 12:52 pm

    Never burn your money….money is to spend…not to burn…never do..

    Reply
  42. manwell ambrose Posted on June 17, 2019 at 1:34 pm

    Dude you a genious

    Reply
  43. manwell ambrose Posted on June 17, 2019 at 7:21 pm

    I mean really bro u got killer advice.could u gimme advice also cause i wanna be a rapper one day

    Reply
  44. yosecretsquirrel Posted on June 19, 2019 at 9:23 pm

    There are exceptions of course. In #3 for example; a realtor or broker is driving clients to view properties. Doing so in a $500 car will probably result in significantly less sales. This is because of the clients perception that the realtor is not successful enough to be able to provide a certain level of comfort and confidence.

    Reply
  45. Alan Tognini Posted on June 19, 2019 at 10:08 pm

    Greetings from Argentina

    Reply
  46. Lennie L Hunter Posted on June 21, 2019 at 7:36 am

    If I won the Powerball damn i can buy my own vending machine……no body better lay a finger on my butterfinger.😂😂😂😂😂😂😂

    Reply
  47. Mad Max Posted on June 22, 2019 at 8:58 am

    …and the 4th and most important thing NOT to do with your money is, dont get bicep tattoos….LOL

    Reply
  48. Joel Marshall Posted on June 22, 2019 at 4:16 pm

    Took me a minute to wake up. Used to have a Jag rollin around like I was rich. Gave me attention from girls/gold diggers but it worked except when it was time to replace something or get a repair done.

    Reply
  49. Sir.S.H. King Posted on June 23, 2019 at 10:15 am

    God job man 👍👍👍

    Reply
  50. Krazy fucker Posted on June 24, 2019 at 5:59 am

    YOU BUY DRUGS OR ALCHOHOLIC SHIT, YOU MUST BE STUPID !!! THEY DO NOT GOOD FOR YOUR HEALTH

    Reply
  51. Greg Harris Posted on June 24, 2019 at 6:15 am

    The comment on not buying a lottery ticket really doesnt make sense, particularly if a person CAN afford to spend $20 and not be broke from doing so. Luck plays a big part in everyone's life. But if you dont ever put yourself in a position to get lucky, then you wont ever get lucky.
    It's kind of like meeting your future wonderful wife. If you never leave your house, you will likely never meet her. So dont be afraid to buy a lotto ticket if you can afford it and dont be afraid to leave your house and say hello to a woman that smiles back at you. You never know if luck will hit you, or when, but you have to give it a chance in order to "get lucky".
    Good luck everyone!

    Reply
  52. Albon Queely Posted on June 24, 2019 at 11:32 am

    Amen guys X

    Reply
  53. Red Vynil Posted on June 26, 2019 at 2:16 am

    I've only gambled once; I don't drink so I have no need for bottle service and I don't drive so I don't need a swish car.  Even if I did drive, I'd get a good car, not an expensive one.  Where are my millions??

    Reply
  54. Chris R Posted on June 26, 2019 at 7:42 am

    What about horse racing??

    Reply
  55. Johnathan Grey Posted on June 27, 2019 at 7:44 pm

    Dude you gamble everyday you're a businessman what do you mean don't gamble if you're afraid to lose you already lost.

    Reply
  56. Johnathan Grey Posted on June 27, 2019 at 7:50 pm

    Oh thee irony.

    Reply
  57. TX Hombre Posted on July 1, 2019 at 2:35 am

    Don’t smoke don’t drink don’t eat out home made meals

    Reply
  58. TX Hombre Posted on July 1, 2019 at 2:37 am

    People are obsessed with cars but not obsessed to want to fix them 😂

    Reply
  59. Rachel Mandanhog Posted on July 2, 2019 at 6:05 pm

    tha u and Godblss

    Reply
  60. John Boutakis Posted on July 4, 2019 at 4:34 am

    If you call paper money then you must have your head read.

    Reply
  61. LOKING GOOD BROWNEYEGIRL Posted on July 4, 2019 at 11:42 pm

    GIVE YOU MONEY FORESURE

    Reply
  62. nobodees bezznes Posted on July 5, 2019 at 1:26 am

    Bottle service has got to be the stupidest thing I have ever heard of.

    Reply
  63. nobodees bezznes Posted on July 5, 2019 at 1:37 am

    Dude, I aint doin without my bottle service.

    Reply
  64. nobodees bezznes Posted on July 5, 2019 at 1:40 am

    Dont eat your boogers sell them.

    Reply
  65. nobodees bezznes Posted on July 5, 2019 at 1:52 am

    Sounds like starting a bottle service is the way to go.

    Reply
  66. DocG07 Posted on July 5, 2019 at 1:53 am

    Wanna save money? 1) Avoid marriage, dating, and kids, 2) Avoid begging ass family members, 3) Stop trying to impress people💰

    Reply
  67. nobodees bezznes Posted on July 5, 2019 at 1:55 am

    Bottle service anyone? Anyone? Includes chubby half naked bald guy.

    Reply
  68. Esie Munango Posted on July 8, 2019 at 5:11 pm

    Noted and thanks for advice.

    Reply
  69. Renuka Sugumar Posted on July 9, 2019 at 10:29 am

    really eye opening and very useful. Thank you.

    Reply
  70. Abba Dabba Posted on July 12, 2019 at 6:43 am

    Never use a Greenback to smoke a Joint. Tastes like Ass, especially the 100 dollar bill.

    Reply
  71. Ser Mel Posted on July 12, 2019 at 5:08 pm

    Power ball is government savings , the money not gonna belong to a person .its government’s money.

    Reply
  72. Ser Mel Posted on July 12, 2019 at 5:10 pm

    The last onee killed meee. Excellenttt

    Reply
  73. Lukas de Waal Posted on July 12, 2019 at 11:25 pm

    Wipe your backside with it

    Reply
  74. Melony Kilby Posted on July 13, 2019 at 10:07 pm

    How many people have bottle service ? Not the average American

    Reply
  75. Jackie Planck Posted on July 13, 2019 at 10:10 pm

    This is why the Volkswagen Beetle is the greatest car ever built. A car does nothing but get you from point A to point B. He's not going to make you better-looking more desirable.

    Reply
  76. John Donald Experimental Sounds Posted on July 14, 2019 at 8:21 am

    thanks for the warning. i'll be sure to stay away from las vagas, drive a beater. and quit buying lotto tickets. i'm a rich man now!

    Reply
  77. JoelCrafter43 Posted on July 15, 2019 at 12:46 am

    2 Of these are common sense and the other one just sounds like a very uncommon mistake to make that about nobody does. Then again if you are drunk already you might end up buying it because of that.

    Reply
  78. Chris Resurreccion Posted on July 17, 2019 at 12:03 am

    Cadillac ? Luxury ? HA !

    Reply
  79. Roger Perry Posted on July 20, 2019 at 10:07 am

    You have a 1% chance of getting Rich only the 1% are Rich you might as well play Lotto

    Reply
  80. Ayin Cruz Posted on July 20, 2019 at 3:54 pm

    Never buy and waste your money to any illegal drugs. It will ruin your life, rel'p & finances.

    Reply
  81. 19. SCIENCE & TECHNOLOGY Posted on July 21, 2019 at 9:24 pm

    This mfr is a typical asshole trying to profit off of the misery of everyone who struggles, by stating obvious facts as a way to befriend you and the sad thing is, is that you will help this asshole because he makes sense and he will take advantage of your misery!

    Reply
  82. Carl Merrill Posted on July 22, 2019 at 8:06 am

    Hello Ryan, just subscribed. Liked the video, the best part was close to the end when you mentioned the number one problem with people in today's society. Thank you.

    Reply
  83. nicholas owens Posted on July 23, 2019 at 2:36 pm

    back in the 80s i used to go to the scrapyard with my dad, for parts for his car, and we came across an old triumph stag, a real heap, and was totally rusted and parts hanging off, and my dad said " not long ago that was someones pride and joy, and they bled to pay for that, now its just garbage" – and then later in life; i was walking through a car park, full of luxury motors, and this guy said….wow look at all these beautiful cars….you, know, 10-15 years from now, they'll all be put in the crusher……..so i always buy old cars and pay full price, never used finance in my life, and saved a tone of money.

    Reply
  84. VIP3R_HD Posted on July 23, 2019 at 5:10 pm

    Bruh it’s called hand to mouth not pay check to pay check

    Reply
  85. JoeAceJR Posted on July 26, 2019 at 12:16 pm

    Me: this guy is right, dont buy what you dont need.
    Also me: I want to buy a new computer because the 2 I have is taking up too much space, I want a ledger nano x, and an xbox controller.

    Reply
  86. Lope Parumog Jr. Posted on July 28, 2019 at 9:21 pm

    You only live once. Enjoy your money go to casino and play black jack..Who cares .It's my money not yours..Got problem buddy..

    Reply
  87. Jeremiah Hyde Posted on July 31, 2019 at 4:36 am

    I have another one, don't waste hundreds of dollars on games

    Reply
  88. Mark Eugene Lee Posted on August 9, 2019 at 1:15 pm

    Feed kids in Africa wt ur money

    Reply
  89. ChungThuy NL Posted on August 11, 2019 at 2:23 pm

    My car is a Tesla model 3 and it costs $670 a month it uses electricity to drive the chance of breaking is very low my grandpa bought it it’s the safest car he could find I’m only 7

    Reply
  90. alii lingo Posted on August 17, 2019 at 4:06 pm

    30K dollars to open a school in a developing country? Where's your reference man?

    Reply
  91. Limbani Mkorongo Posted on August 24, 2019 at 9:52 pm

    U cannot build a school in a 3rd world country but the rest of the video makes sense.

    Reply
  92. Holly Jansen Posted on August 26, 2019 at 1:26 pm

    you have to love our digital age… have a look at this program that I used to make my full income: @t

    Reply
  93. djpaulhannon Posted on August 27, 2019 at 8:50 am

    Cool video, as always….but why the music??? It’s so distracting.

    Reply
  94. mebra madonsela Posted on September 8, 2019 at 3:25 am

    Good tips right there….

    Reply
  95. sally colon Posted on September 8, 2019 at 3:54 am

    1. Don't gamble
    2. Don't order bottle service
    3. Don't buy expensive car

    Reply
  96. Mouse Room Posted on September 11, 2019 at 2:39 pm

    Watched to the end. Thanks for the video!

    Reply
  97. Thandeka Dlamini Khayisile Posted on September 12, 2019 at 1:48 pm

    thanks for o video 💞💞👌

    Reply
  98. CH3 Posted on September 17, 2019 at 3:26 pm

    My question for you is, what do you consider expensive for a car?
    This is specifically because my current 16 year old car (cost like 1500) constantly breaks down, has horrible gas mileage, and is rusting through the cab.

    Buying a car that's about 17k (hopefully in cash and yes, I know I should be investing that 17k) that has the current best gas mileage (about 55mpg), no monthly payment, and won't breakdown nearly as much.
    This sounds to me like an investment in my safety, and savings in gas.

    Reply
  99. Andres Rodriguez Posted on October 9, 2019 at 4:38 am

    Instead of ordering bottle service at the hakkasan nightclub, I'm going to become the DJ

    Btw love the intro 😂

    Reply
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