One of the most articulated conversations about money I've heard: The 10 Lessons: 1. Money is important ( it's all about your mindset about money) 2. Money = Time ( how much money you exchange your time for) 3. Money = Value ( Seeing yourself as a person of value. You & your time are worth all the money) 4. What people say it doesn't matter ( They speak from their own perspective, it's all about them, not about you) 5. What people say it matters when it's your opinion about yourself. What affirmation am I telling myself? What do I define myself? Am I using empowering words? 6. It's really simple - just listen to what Grandma told you. The essence is this: Spend less, earn more, invest wisely & most of all - Value yourself 7. Simple, it's not that easy. Understand Parkinson law - Why most people retire poor. When it comes to spending I'm a 12 year old. To counter it and be successful as soon as the money comes in the account, it goes to special accounts for investments, for tax & for living expenses. 8. Being broke sucks. Everything is urgent. You are a full-time problem solver, and it takes all your thinking space. Breathe, Free your mind, and be successful in the direction of my purpose. Find my purpose and stop sabotaging myself and become successful 9. Stay broke - Epictetus said " Wealth consists not in having many possessions but in having few wants" - the porodox is that the more money you have, the more quiet and no wifi you want. To be present in your own life. Choose to live like you are broke 10. Money is not important - when you have it!

A quick recap of the video 4:49 #1 Money is important 5:55 #2 Money equals time 7:00 #3 Money equals value 8:03 #4 What people say doesn't matter 9:49 #5 What people say matters 10:58 #6 It's really simple 11:33 #7 It's not that easy 13:05 #8 Being broke sucks 14:35 #9 Stay Broke 15:54 #10 Money is not important Cheers

"Wealth consists not in having great possessions but in having few wants." So true. Great talk.

Buffett likes to say "the best thing to invest in is yourself"...meaning upgrading your skills, asking for the raise. It will give you more satisfaction out of life and more disposable income to put in the market sooner to have more compounding in your favor

Sadly I think people in the comments are missing the point. The circular structure of the talk is absolutely beautiful and true. It doesn't end with "money isn't important"-if you have it. Quite the contrary money isn't important once you've realized their importance and adjusted your life to that importance. It only then stops being "important" like that jewish mother's advice "If you spend less than you earn, you will always be rich". and this should be the conclusion from this video that money isn't important when you realize that you can minimize your wants and some "needs" to the point where you can have extra money at the end of the month, and so always live in abundance. In other words, abundance is relative to your behavior towards it, and thus the importance of money is relative to your behavior towards it. If you allow yourself to be stranguled by monetary issues then money becomes more important than yourself, but if you can educate your impulses you can control the magnitude of importance of money in your life, and this goes for any level in society but like she well said, it is almost impossible when you're struggling to make ends meet, to plan ahead. Without planing ahead you are bound to make poor decisions and so not regain control over your finances. On the other end of the spectrum, if you're earning quite well and have increased your comfort and "need" to match your income, which we all do, it will be almost impossible to refrain from spending money you know you have. This discipline is almost the same in both scenarios, with the difference being in the motivation, one is fear driven spending, whereas the other is temptation spending and also fear of missing out maybe. I know because I've been in both situations, and I can confirm it's just as hard.

She's a great speaker and you can really feel that it's all coming from experiences. Amazing talk.

Winning is all about risk if you didn't take a risk yiu can make it, winning is about risk.

I have to agree that financial worries are probably the worst type of worry to have. I have been experiencing lots of financial worries and it’s stressful, causes anxiety and panic BUT it is also the BEST motivator to find a solution.

Ok but like can we just appreciate Leapnotch for making us smile everyday

1:40 Only some people truly understand what this feels like. It has nothing to do with bad planning. It has to do with circumstances. Keep pushing forward, don't give up, things will get better!

When you invest, you're buying a day you don't have to work

In order to be successful.. you have to lose everything.. it is the drive of not giving up that is the halfway mark. This is the last lesson you must learn to the next level 🧐

"The way other people treat you is not a reflection of who you are, it's a reflection of who they are"

I can't explain how much I needed that...whew...that got me back in the game. Thank you so so much for sharing, seriously. I used to unconsciously have negative thoughts about having a lot of money (probably related to poverty trauma) I'd work for almost nothing and give money away when I barely had enough. It takes a mindset shift to realize, that I am allowed to help others but also take care of and value myself.

I’m in Australia, and very new to this. I’ve been trying to find a broker . that has good customer services and is the commission through them expensive? love some clarification or guidance, please from MR SAM DEYMON.

Oscar Wilde “Nowadays people know the price of everything and the value of nothing”

This is one of the best TED talks. Ever. Very inspirational.

I have never seen a man so genuine as this guy, he's really a man of his words..

The thing I regret the most is I didn’t start saving early, when i had the luxury of easily extra money and no pressure of making more. This talk is so precious that it should be shown to all young people so that they cultivate a healthy and realistic money habit as early as they can. For most people in normal circumstances, money is not important only when you have it. Control your desire and lower it compared to the amount you earn. Well delivered message thanks to the speaker.

she was an entrepreneur and broke, and could be back to success soon is because that she has qualities of an entrepreneur: to reflect on mistakes and to really take actions

Money is like oxygen. You take it for granted when you have it but when you don't, it's all you think about.

Watching this after I got scammed from a small business deal. I will count this failure an essential experience towards my journey to success.

I would really like to confess that I have lost so much money and I'm 18. I was broke a few days ago. But this really motivated me and that incident have taught me a lot. I am pretty confident that I will built everything I have lost. Whoever has gone through this just don't loose hopes amd don't quit.

My parents love me I am a single child They spent lot of money for me Now i cant stop crying I know the value of money

Isn't it interesting? The most valuable lessons we learn in life come from the challenges of life itself (more than YEARS of classroom study). Fortunately, we can save time by benefiting and learning from the lessons ("failures") of other people who are willing to share them. This is the kind of stuff I wish children in school got more exposure to. Stuff that would really help them deal with the challenges of REAL LIFE that awaits them. Thanks Dorothée!

I will continue singing praises to *Leapnotch* NO BODY IS BETTER

It really is comforting to know that you can change your life in 6 months.

Why so much hate? I think this is priceless, someone sharing her experience of going broke and work their way back up from ground zero.

It actually an honor giving the opportunity to prove how good he is ...Thank you for the reactivation

You should be proud of yourself, not only for your success, but the profound wisdom you discovered, and decided to share with the world. Absolutely amazing! You are worth every penny 😉

Very strong speech by a very strong woman The truth is this. Money is Not as important as the time that you are missing by chasing it... What a Speaking..well done.

The dude is just not fakeing . The finishes of the goals. Beautiful. Magisterial. Love you *leapnotch!.* .🙏🏼.

Yeah, I think she hit a key point. You cant wake up one day and decide you’re going to start your own business. You need to downsize your entire life for atleast 5 years. Because thats how long it takes for the average business to become profitable. And if you think you can keep your current expenses - that are based on your current income, you are already setting yourself up for failure.

Such an awesome speech. I was tearing by the end. Good lessons to live by.

She explained "the happiness equation" and "think and grow rich" I highly recommend those two books ❤

Goodness gracious I almost cry watching this. I too now have to deal with "failure", and everyday I wake up trying my best to best strong and remind myself that the only way is to go up. I refuse to be weak even tho there are some days that I feel really really down. Thanks to this problem now I have motivation to wake up early at 4am in the morning, praying to God, doing anything I could to exit this dark hole. Financial problem is one of the worst but one the best "tools" for us to grow. I learn a lot, a hard way. But I am grateful. Thank you Dorothée for this reminder that I can rise and shine again :) even better

A great video, this is what i tell my colleagues at work as they are mostly young students and this is what i learned myself also after my own life shocking moment. I feel happier now working multiple jobs and spending almost nothing then i did when i was younger and buying everything i could afford with the little money i had. By the way i like working so i work more but i dont NEED to work, big difference to someone that needs to work for money and are unhappy.

Only entrepreneurs Who failed can feel every single Word you said. I was listening religiously to your speech and i 100% relate to it. 10 years after my failure, I'm still struggling to find my way back to success. I hear the ticking bomb in my head for 10 years now! Can you imagine the stress ?

Thank you so much, I've been broke for 1 year now, and after watching this video it gave me hope to start over again, not to STOP. Thank you!

I can truly attest to the last point about quiet time with your child. Before the pandemic, I would take my daughter at last of day of school and we would go out somewhere to an expo, event, fun place, the beach. Random place of my choice each week, and we would spend all day out without any rules or time to go home. Usually ends up being very cheap day out, and it would be our favorite time of the week. Beats hanging with friends or going to movie.

I have never seen such calm, composed and collected presentation in my entire life.

Great talk! It does encourage! Money is important, but when you have enough money, you may feel broke and then money is not important. Brilliant!

we need more people like her to talk on ted talk... people who have experienced the dark days and their worst moments and then got up and fought for their life

What a thought-provoking talk 🤔

I like when you said:"You can do this! And then whatever it took I would do it." Great! Thank you @Dorothée Loorbach

"My impulse purchases included a car and a house" -- when will these people stop exaggerating at TED talks to impress the audience?!? A house is a purchase of investment or necessasity, not of impulse! And when she was broke, had 3 euros and change; why would she not look for a marketing job to buy her daughter that birthday cake she keeps refering to for exploiting the audience's emotions; after all she starts her talk telling that she had a successful marketing career...

This has to be the most inspiring video I've watched this year, if not, all time! Thank you so very much for your motivational presentation.

Wow! Thank you, thank you, thank you! I've been preaching this for years. Live below your means, not suffering or anything like that. Just not the new cars, the big house and keeping up with the Jones. Cheers!

Great talk, I feel much more happy and positive after watching this video. Thank you for sharing your wisdom.

This lady is wise, need more women like her

I just got another job after losing my last job 4 months ago. Someone I know brags about having 45k saved, and yesterday she told me oh my, all your savings gone. She thinks my situation is funny. She may lose her savings someday, too. We both work on one year contracts teaching English in Korea. She brags about how her job has kept her almost 5 years. Mine kept me just one year and before that I was unemployed 7 months.

Great talk and so true! Within 17 minutes you have taught the listeners the most important spiritual rules of success. Thank you. If people react negatively is because they don't get it.

Wow almost cry with this video at the end.

The wonderful thing about life is that you can do everything for free (be a volunteer in every part of your life)

Nicely put Dorothee x Having been involved in four businesses; and enjoyed mostly, all, I feel that the experiences gathered are what is important. Appreciation, balance (something that I seldom achieve) and having fun; yes even in business has to be vital keywords. Success has to include one of the most important (jobs?) ............. That of being a Mum. More of the above please Dorothee. Be Happy x

I feel like I am invincible after listening to this speech.

Excellent theme . Time can be your stock and trade so be careful with it. Money even if you have it may not give you independence if you feel guilty. So the best thing to learn is that the money you have is nobody’s business except your own, and probably when you do have money and independence, the most joyful moment you live will not cost you a lot of money if any. It is very true that being constantly wanting more makes you poor. Appreciate what you have, fix what breaks, do without does things you don’t need. Have compassion with others but appreciate yourself also.

I lost all but a slice of my inheritance and my husband died (who I divorced and remarried) and my daughter disowned me. I HAVE WANTED TO DIE MORE THAN LIVE. Then I realized that I had always quit everything I have tried and it is no time to quit now on my family - and my life purpose.

Amazing. This speech touched my heart.

Thank you. You’re genuinely appreciated. Wonderfully informative presentation. Cheers

1 4:50 MONEY IS IMPORTANT 2 5:54 MONEY EQUALS TIME 3 6:57 MONEY EQUALS VALUE 4 8:03 WHAT PEOPLE SAY DOESN'T MATTER 5 9:48 WHAT PEOPLE SAY MATTERS 6 10:58 IT'S REALLY SIMPLE 7 11:34 IT'S NOT THAT EASY 8 10:03 BEING BROKE SUCKS 9 14:33 STAY BROKE 10 15:54 MONEY IS NOT IMPORTANT

I love your message. Thank you so much for sharing this.

last point is what makes this video, thank you dorothee for sharing

really deep. I've really enjoy it. she looks like she's been through a lot and she survived. she's an inspiration that at this time in my life I have financial problems for the first time.

I was on the brink of losing everything, invested in property just before 2009 GFC, got sued and lost $250k of borrowed money - (wasn't mine was the banks). Took 10 years of my life to crawl back all the time supporting my Wife and 2 daughter's. Hard lesson.

This is the most valuable tedx I watched... This is what we need to teach our children and adults

Thank you Dorothee for the insightful talk. As you said in your talk "people will only see things from their point of view", so please don't worry about those who call you a liar; this is just their level of awareness. You have a life experience that's worth sharing and you've helped so many by being bold enough to bring it to us, so thank you for your bravery and thank you for the sharing. Lots of gratitude.

Literally I'm in shock.....the way she ended it and the way she started it.☀

Now that I have money I can finally roleplay as a homeless person and say to everyone that money is not important. How insightful.

Best TED talk. Straight to the point.

I'm watching this video every morning as it gives me strength to control my spending habit. Thus I have come to realize that "money is not everything but the only thing"

Thank you... learned a lot from this.

Thank you for sharing! 🙌🏿

I think ur speech touched my soul . Thanks mam and bless ur daughter and u .

Money doesn’t make you happy but it definitely helps 🙌🏻😂

I hope there's no people watching this video who is financially struggling right now, or if you do, I hope you know that this isn't gonna take long and that this too shall soon pass. Remember to take a lot of lessons from this hardship and to learn from this moment. When you have finally managed to get through this, I hope you would learn to get yourself a good financial back up such as having investment portfolio and income streams.

This hit home really hard! I found this so helpful 2 yrs after you did this Ted Talk! And the economy is substancially worse now. Thank you for sharing. I hope you continue to do well.

Thank you Dorothee, i’m going into similar situation and this video helped me alot on my situation

Always great to hear from folks of the same feather!

One of the most inspirational TEDx talks I have ever heard ❤️

I really got a lot of valuable information out of this talk.

Great presentation. I needed to hear this. I destroyed my life recently and trying to recover. My goal is to get to a point where money doesn’t matter.

Some of the people here were condemning her for "not paying taxes". The problem is that many small businesses fail... not for want of money... but because they have NO idea how complicated the government makes it for small businesses.. and the filing times are all different.. and you have to pay DOUBLE social security and medicare, and taxes on your business and yourself, and save reciepts for EVERYTHING, and file four times a year..and just when you think you have saved up some money and feeling good about what you have accomplished, it comes tax time and you find out that the state and federal government wants about 40% of what you have made --then you don't have it...then you get fined HUGE and unreasonable fines for not filing taxes you didn't even know existed at deadlines you didn't even know existed.. ---Maybe the really wealthy know all this ahead of time..or those who went to college.for a business degree..or studied super hard first...but many small business startups learn the hard way...no one gives you a book with all the crazy rules and taxes and unending deadlines...so 90% of small businesses fail and I would venture to guess that most of them fail because of the IRS...The U.S . is NOT small business friendly. I learned the hard way but it took me about three years... and two not very helpful $3000 CPA's--and lots of self-study to finally do it right... now I am doing fine. I give anyone Kudo's who got through those first three years and made it!.

I didn't lose my money, I know exactly who took it.

Best talk I heard. Done.focus....stop doing the things that weaken you

This video is for me.Thank you for being honest .I have learnt a lot

That was an amazing talk I could feel the her emotion at the end

With the recent happenings in stock I feel too scared to go in.

A very courageous woman, who has also writer skills, her speech is good in: ideas, form, structure, and she manages to put some little surprises in her script. I hope Madame you will write many books in the future.

“It’s ridiculous how much money rich people spend on going somewhere quiet” 🤫 good point

Great speech! Thank you! Earn more then spend. I will try to use approach when you put money in some secure account after receiving immediately.

This is a valuable speech for my current financial situation. Thank you for imparting this to the world Madame.

After this video, I still have my conviction that "money is important".

Thank you !!! What a wonderful watch this was.

Wow! Incredible speech! It had such a powerful impact on me!

But she didnt hit rock bottom . She had a network of people following her.

Thank you !

Very nice talk. I appreciate the lessons. Because this personal case helps others to value their own time and energy. Spend less. Earn more. Invest wisely. Value yourself.

Many comments here concentrating on no.10 (money is not important), and ignore the first 9 where she explain why she is saying that.

Most of your life u chase money. You thirst for it. You struggle to get it. When you do, you realize it is an illusion. Relationships, health, sanity, and experiences are all WAY more important.