The Mindset Keeping you Poor (3 Ways to Escape the Money Trap of Bad Debt)

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The Mindset Keeping you Poor (3 Ways to Escape the Money Trap of Bad Debt) | Shadé Zahrai

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Shadé Zahrai

Күн бұрын

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@gurindersingh8109 2 жыл бұрын

Shade you imagine its ordinary people who are responsible for how the world moves ahead, not true. Secondly a Life without troubles is impossible.

@ShadeZahrai 2 жыл бұрын

Agreed Gurinder. Which is why the video addresses the optional and risky financial choices that large droves of people make (particularly in developed countries). This doesn't deny that suffering is an essential part of our human development and it doesn't claim that all ordinary people take full responsibility for an unsustainable and corrupt financial system based on driving perpetual debt and resulting in further extremities of poverty and wealth. For example, when a significant portion of people in the west (such as in Australia and the USA) compete to purchase property and willing commit to mortgages at over-inflated prices they put themselves in high financial risk. They could have been financially prudent and borrowed within their means by planning ahead for when interest rates return to normal. Instead the masses bought into the hype driven by legacy media. Interest rates are inevitably rising and to make matters worse inflation is still very high. Many in the middle class in the west are struggling (60% of Americans live paycheck to paycheck). There has never been such a high level of personal debt in the financial system and as central banks around the world continue to fight inflation many people will needlessly suffer.

@kaartheikgeiyan6004 2 жыл бұрын

@@ShadeZahrai It's essentially the legacy of Western Colonisation Shade. Of the mind and material resources. Matters will not improve until it's history is taught about in the education system of those nations. This was a particularly good video btw. You are creating so much good. Thank you.

@ZaidKhan-mk6ih Жыл бұрын

You are somewhere right sardarji

@learningearningskillsvlogs7877 Жыл бұрын

@@ShadeZahrai thanks for sharing your experience knowledge

@doctoratiq Жыл бұрын

great analysis

@shadman1024 Жыл бұрын

The Prophet (ﷺ) said, "Wealth is not in having many possessions, but rather (true) wealth is feeling sufficiency in the soul." Sahih al-Bukhari 6446 In-book reference : Book 81, Hadith 35 USC-MSA web (English) reference : Vol. 8, Book 76, Hadith 453

@stevenkovler5133 Жыл бұрын

I tried to tell this to someone in my life. They did not listen and now I am paying the price with stress and anxiety, and the possible end of our relationship!

@prashantgokhale4659 Жыл бұрын

Buying materialistic things to make yourself happy is never ending, it is a temporary feeling of fulfilment / joy and ends when you desire something new or want to get something else that your competition has... Work on increasing inner strength and peace which will reduce the cravings for materialistic possessions. Love your videos Shadé ! 👍🏼👏🏼🙏

@ArifKhan-on3tj 2 жыл бұрын

Debt trap is the worst trap. I am deeply influenced by your contentment in life. Not many people are content with what they have and that also includes me. Your video has given me a great lesson of life.

@Yahya_Zi Жыл бұрын

My dad used to tell me basically: "If I can't afford, I won't buy it" I've never seen him on debt, he doesn't owe money neither take a loan

@annefitz7346 11 ай бұрын

I was raised by depression era parents and ism so grateful. I have more than enough money for everything thing I want & need to do. I’m blessed.

@langratyaagi 2 жыл бұрын

We need more of this. Debt is a curse. Thank you Shadé.

@HindSwarajya47 2 жыл бұрын

Love from India🇮🇳

@ShadeZahrai 2 жыл бұрын

Sending you happiness! 🧡

@gajendrajangid8131 2 жыл бұрын

Thanks from India🇮🇳

@philosophicalscience 2 жыл бұрын

@@ShadeZahrai learning from Sri Lanka

@drishtys 2 жыл бұрын

@@ShadeZahrai what can be done to change own negative mindset, how to make sure to think positive always and what to do when negative thoughts come all the time? How to be sure that positive thoughts will definitely give positive results?

@jamesbond00-7 2 жыл бұрын

@@ShadeZahrai abhi tak aayi nhi

@toothofwisdom. Жыл бұрын

This one is truly one of the best video on finance I have ever seen. All the advices are based on facts and not on philosophies. I love it. I will positively follow these advices as it all seems so doable. With the understanding of the mindset we carry while spending the hard earned money, I would really love to take few steps back from that zone.

@deutschmitpurple2918 Жыл бұрын

I totally agree with you. I really love her all videos

@sharptalk2006 2 жыл бұрын

Hello Shade, Great to see some people come forward and speak about being financially sensible and withstand the hurricane of the new age financial devices.

@ShafrazKhahir 2 жыл бұрын

I wish this video to be promoted in all social media in Sri Lanka at my expense. I wish all Sri Lankans get benefits from this video.

@ravindrasahu8738 2 жыл бұрын

This is the video I was much needed of, we waste lot of our money because of FOMO.

@cleyondsouza8216 Жыл бұрын

Thanks to you, I realize how messed up the current situation is, being an investor, never thought of personal debt having global impacts. Thank you so much! ❤

@DineshKumar-qz9we Жыл бұрын

Hinduism teaches us that happiness comes from not wanting more but desiring less

@MrAdvocate84 Жыл бұрын

@@user-jl9fb8ml8k😂😂😂

@krikeyitstimeforcricket967 Жыл бұрын

@Leo 💯

@yousafmalik6492 Жыл бұрын

😂😂😂

@davidgleeson1716 Жыл бұрын

Less is more.

@option_ka_badshah Жыл бұрын

@@user-jl9fb8ml8k Librandu's crying 🤧

@rhitwikG 2 жыл бұрын

You put out content that many aren't ready for. Respect from India! You're doing good to humanity....

@elawoj Жыл бұрын

There is so much wisdom in this video. The most powerful piece of advice is to see the world and your situation through your own eyes. I've always done it (maybe even to the discontent of others), and I've always felt that I cannot live someone 's lifestyle but mine because I have other needs, expenses, and goals. Unfortunately, I noticed that so many regular conversations are about holidays or new things, which is I think one of the factors that makes people buy more and more. Even if you cannot afford going on a nice vacation, you still do it to try to impress or not to stand out. I wish it was different.

@emmanuelademuwagun3798 Жыл бұрын

The quality of audio, video, and the content is second to none. I need to learn how to be as excellent as you! Gold Standard for sure!

@onlyMBS Жыл бұрын

Shade, this is the first video i have ever liked on youtube. you made me do it. truly fantastic workd out content.

@rohitrchavan Жыл бұрын

You are the NEO from Matrix and awakening the many. I really love your communication style. Very inspiring one. Feeling AWE.

@shekhargupta6718 Жыл бұрын

Shade, poverty mentality is an attitude. It is a way of thinking that is said to perpetuate poverty because the focus is on what one doesn't have rather than what one does have. Thoughts & comments such as I can't afford this & I will never have enough money for that may turn out to be a self fulfilling prophecy.

@bharatmanikchand4284 Жыл бұрын

Shade once again superb session. FOMO right phrase you used for complex feeling. Money is not the only thing to be joyful. Instead feelings of contention will deliver real sense of happiness. EARN TO SPEND rather than WORRY TO EARN. Thanks for your continuous awareness sessions

@phalguna_rm 2 жыл бұрын

The respect and love keeps growing on this lady with every new episode. Thank you Shade. With love from India ❤️❤️❤️

@sandiepyaadav 2 жыл бұрын

I think it is one of the most important video! Whether it is a financial crisis or a normal time, your dream can be bigger and better when your savings much bigger. My conclusion, whatever you want to buy, if you have 4 times actual money then go for it. Always ask 'Why' before spending. Thank you so much Shade. Quality content backed by data as always. :D

@ric25feb 2 жыл бұрын

me n my husband used to have 4-5 credit cards we never misused them but was always splurging decent amount of our hard earned income... for last 7yrs we have been living without credit cards and been living in our means and were able to buy our own house and i m so glad we have been living in our means yes i buy things which made me happy but nt on credit when u plan and buy that gives u another satisfaction

@danavirschi4825 2 жыл бұрын

Thanks so much for your advice. Very insightful and calming effect for me.

@joece 2 жыл бұрын

We buy things we don't want, with money we don't have to impress people we don't want

@kamalsaxena9664 2 жыл бұрын

Brilliant idea to introduce Paper-roll by throwing it ino the hands of Shadé. and of course lovely catch by Shadé. 😊 That's what makes videos lively, creative and interesting. 🧡

@romyserfaty6459 2 жыл бұрын

May I suggest that the music background is unnecessary? :-) Without it, it would be easier to listen and fully focus on your impeccable - but fast - diction. Thanks!!

@limav2906 2 жыл бұрын

Soo Valuable. Thank you for doing this.

@ShadeZahrai 2 жыл бұрын

So happy to hear you found value in it 🙏🙏 Have a great weekend!

@hakeemjinna935 2 жыл бұрын

One KZfaq channel I thought that it is for English language and later found out is for life lessons and subscribed it without delaying a second.

@boayoon8715 Жыл бұрын

That car 🚗 point you made hit me hard.. I sold my old car and bought a BMW just to impress and felt inadequate cos my brothers drove Audis and Mercedes.. the biggest buyer remorse ever!! I still regret it so bad…

@ShadeZahrai Жыл бұрын

These are all good experiences to learn from! I'm sure you're wiser now. 💪

@ialee313 2 жыл бұрын

Simply brilliant! Thank you Shadé …

@stacker6077 8 ай бұрын

This is the first full video I've watched of hers, since subscribing, and that was absolutely amazing! She is clearly knowledgeable in her field and very articulate! I'm glad she came across my feed and I'm looking forward to watching more of her videos! Great job!!

@3rdeyelife234 Жыл бұрын

Some of the reasons why society is compelled to constantly spend money is because it fills an innate sense of longing for most. That longing is due to us not having to hunt, forage for food, travel long distances on foot or fend off constant attacks from predator's. Through the media & social reprograming, they have distorted that LONGING & replaced it with what you described in the video. Keep creating great content, your work is appreciated thanks.

@joye4725 2 жыл бұрын

Yes you are telling most of the people living, even me also, now I realised and absolutely debt free, but I am not rich but I am cent percent happy, and somebody asked for a small help l could, the happiest man. 💖

@vipinbhatnagar582 2 жыл бұрын

Superb Shade, you have great speaking skills want to learn from you as i have been following you since 1 year😃. And very informative video keep uploading like these.

@CharlotteL46N 2 жыл бұрын

Shade... This is really good. Thank you for taking the time to share. I love how you are helping so many people with your videos.

@jhalak831 2 жыл бұрын

The way you speak is Mind-blowing besides the knowledge

@kenharvey8946 2 жыл бұрын

Love the video they need to play this everyday in High Schools and College campuses. I have been in management since I was 19 yrs old. The problem beings with the lack of education and I can promise you there is no critical thinking going on or problem solving. I have managed many retail stores, Sales offices and Non Profit Programs. I ask a group of people one day. ' Where does salt come from ? No one knew. As Scrooge said ' I'll retire to bedlam'

@ijazw.7783 Жыл бұрын

Shade, I can just keep watching you talk & talk continuously & forget about the world worries!!!

@masoodsaeed007 2 жыл бұрын

One of the best videos you have made ✌️

@funsun3277 Жыл бұрын

As someone who grew up poor, all I wanted was to buy a home. I don't want to keep up with Jones', but I did fall into the trap of using credit cards in college and mid 20s. Almost out of debt at 36 (about 10k left) and looking forward to being debt free!

@TheLpgnrind 7 ай бұрын

All the best!

@m.azizh.291 Жыл бұрын

You are an Ambassador, Excellent 👌 knowledge in a very smooth way

@khaidemramananda5052 Жыл бұрын

Thanks you sister, for good advice. From India, Manipur. Good luck to work. God bless us all in life 🙏🙏🙏🙏🙏🙏🙏

@shamsideen823 Жыл бұрын

Breaking habits takes time. Great presentation! Financial FOMO. Never thought of it like that! Thanks for sharing!

@ShadeZahrai Жыл бұрын

Glad it was helpful!

@imendridi7256 2 жыл бұрын

Hello Shade, thank you for the interesting topic, actually I think that life if very simple and we just need the basic necessities and love to be happy. I decide what I need : who decided for me that a fancy car or a dream house or jewels are mandatory to be happy ? My life is mine and the persons who set the social classes are not better than me raison wise to decide for me what to do. We created those barriers in our minds and we can remove them. We need just to stop and think and to ask ourselves every time a simple question : do I really need this? Is it a priority? Is it going to increase my happiness or my struggle? Good luck for all of us facing the fancy lives on social media these days 🍀

@shrutip3167 2 жыл бұрын

Waw such a good thought..I agree . Need more people like this 👏🌸

@ShakehandwithLife 7 ай бұрын

Thats true Shade, most of the people living to please others to show them they have become rich accumulating debts and the anxiety on their head and so force the people who don't want to be trap of FOMO. Love you for creating such a nice episode.

@TrialMusicSchoolSharifMasiur 2 жыл бұрын

Yes, It's a great video to be careful about personal finance, we should not spend more than our means, thank you.

@kamalsaxena9664 2 жыл бұрын

👌👌👌... Wonderfully put across with contemporary examples India's ancient spiritual wisdom and formulae for peaceful life, "Contentment & Reining-in raging desires". 🙏🧡

@Bholakumar-qt9yd Жыл бұрын

Dear Respected Shade Zahrai, Love from India. your message are very valuable for everyone to international community.I am also doing the same task and also giving world class bussiness opportunity to overcome it and empower them finencially , spirituality & socially.

@aqibrehmanpirzada4552 Жыл бұрын

Well this is one the most harsh realities that no one wants to accept. Keep Up Shade 👍.

@ShadeZahrai Жыл бұрын

Thank you!

@aqibrehmanpirzada4552 Жыл бұрын

@@ShadeZahrai De Nada ☺

@ankitsharma3110 2 жыл бұрын

Desires are never ending, one should know better the difference between their needs and their desires. So that you could find a piece of mind. Your point of view is absolutely right 😊.

@exoticindiaa 2 жыл бұрын

Keep on Simping, she ain't into nice guys

@ankitsharma3110 2 жыл бұрын

Thanks for enlightenment.☺️

@christieaf08 2 жыл бұрын

This is straight talk and hardcore facts of life in the debt trap that is the menace of the present-day world. An absolute rundown of facts. Well presented and articulated. This financial literacy should be taught in all homes and schools and colleges.

@anilxavier25 2 жыл бұрын

You have an amazing charisma, i sometimes watch your video for just to see you

@smrithiglamup8251 2 жыл бұрын

Much needed message thank u...from India..

@habibnawaz8130 2 жыл бұрын

Wonderful advise,

@uzmaanjum1177 Жыл бұрын

Being a south Asian I have been brought up not to take loans n live within my means.thank you for such a great job 👏

@sathiarajkrishnamoorthy4888 2 жыл бұрын

Thank you so much for this!

@ShadeZahrai 2 жыл бұрын

You’re so welcome - hope you enjoyed it!

@theinceptiongallery9999 2 жыл бұрын

Love your works 😃 I'm following up every uploads😉

@ShadeZahrai 2 жыл бұрын

So happy to hear that! Hope this video was a valuable one for you 🙏🙂

@theinceptiongallery9999 2 жыл бұрын

Sure! It's a valuable one! Would love to see you dance more.🙂

@Johnnyboycurtis Жыл бұрын

I changed my mindset and stopped paying all my bills. Now I’m flush with new cash 🤑🤑🤑

@asadvasru 8 ай бұрын

Your speaking skill is so good and smooth❤

@eugenepereira2997 Жыл бұрын

You are truly true and amazing. I have to live within my means and clear my credit cards debts soon

@Rendupasanga 2 жыл бұрын

Love from Tamilnadu India 🇮🇳

@k.k3260 2 жыл бұрын

What a way to start weekend.. thanks dear

@ShadeZahrai 2 жыл бұрын

Have a wonderful weekend :)

@sachin.a5566 Жыл бұрын

Such wonderful English Teacher 👍 Good Job Ma'am 🙏

@praveenkumar_0143 2 жыл бұрын

You are absolutely correct @Shade Zahrai, people are not satisfied with what they have at the moment and stuck in that living there's no freedom at all in taking decisions. # Be Yourself- we know what is right or wrong so let's all make wise decisions and live happier lives, help people who are in desperate need #Keep Smiling Always

@umeshrai614 2 жыл бұрын

The way u give expression the way u deliver something wow just teach me

@balraambalraam905 Жыл бұрын

Shaade I really appreciated the positive message you promote in your videos your thoughts spring from spirituality or if one follows your suggestions❤️💕💕💕💕💕💕💕💕

@bobsva98 Жыл бұрын

All the problems arrises because of your mind, which is the bundle of thoughts...thanks for sharing your views...

@VidyaSimran 9 ай бұрын

The one thing which I've never done n will never do even if it's free is getting a credit card.....ever. And i am proud of myself for sticking to the decision.

@andrewsheppard2404 Жыл бұрын

Well researched, succinct, beautifully shot video, such good quality, great job.

@ShadeZahrai Жыл бұрын

A big thank you from my husband and I Andrew. We're glad that you enjoyed it!

@user-dv4ep7ny6d Жыл бұрын

your language is really understanding espeacially for english learners your videous are incredibly helful I lean toward your way of speaking And i am big fan of from Uzbekistan

@NarayananV28 Жыл бұрын

Lovely piece of video! Thank you...!

@ShadeZahrai Жыл бұрын

Glad you enjoyed it!

@aqeel994 Жыл бұрын

Shade Zahrai, the great personality with the great views. I do believe that the Financial fomo is the Root cause that might invite the Financial hurricane and we must realize the situation and we must focus the joyful and thankful life instead of materialistic attractions

@anthonyciriacofernandes3442 2 жыл бұрын

Thanks a millions, as always Your words are inspiration for my taught. Cheers.

@edsonrocha4356 5 ай бұрын

This piece of advice is devine, however follow it is a great challenge for us, once we are are daily bombarded by advertisements that induce us to have what we cannot afford and, worse, to have what we don't actually need. Thank you, Shade Zahrai

@shohijahontoirov184 2 жыл бұрын

Sending a lot of love from Uzbekistan🇺🇿I love your videos😍

@TowheedAhmed 2 жыл бұрын

you are an amazing person. I wish i had more people like you in my surroundings. life would've been different then. Things and equation get really simple when you explain with fresh new perspective. Thanks & Love

@roninronin6405 2 жыл бұрын

Salute & worth subscribing to such insight! A virtue woman is not swayed by flamboyance!! 👊🏼

@DaisyPeel Жыл бұрын

So spot on! Thank you for this message pointing out the lack of freedom bought by luxury lifestyle and keeping up w the Joneses. It's all so true. Find happiness in what you have. And invest in community, not individualism

@nadxyz Жыл бұрын

I am a simple person. I came here to see Shade Zahrai. I saw her, drop a comment, and left.

@sreejithchandran118 2 жыл бұрын

What a energy level you're having. Amaizing. Even I thought the same reduce the debt. After landing in big city my expenses gone high. I wanted to limit myself by spending a lot money for unnecessary things. The major reason is that whenever I'm with my friends my money is running out of my control. I need to stop it. I wanted to save money.

@nwguitarist5485 2 жыл бұрын

Really, really nicely composed and presented, thanks so much for your work! I am a recovering credit addicted, and also VERY late to this party (in my 60s) - all I have known for decades, is debt and my own often-questionable choices, and there has been no greater freedom for me, than learning to be content; in bits at first, not always comfortable, but I have a very good feeling about it, thanks again.

@dhirajs6855 Жыл бұрын

Loved it! You spoke like a true economist on the current economic scenarioa🙌

@ShadeZahrai Жыл бұрын

Glad you liked it!

@vicontheconveyormakers7384 6 ай бұрын

Aparigraha....i.e Minimalism is a very important teaching by Jainism that most of the jains follow . our Guru's teaches and practice minimum materialistic dependence . Thanks for the video

@ebutuoy9106 6 ай бұрын

You are a Guru!!! Like how you provide simple principles for the complex and important issues like personal finances.

@fatehshah6788 Жыл бұрын

its really an amazing strategy to keep your life hassle free. stay blessed, keep sharing more like these/

@umangrawal9592 Жыл бұрын

@Shadézahrai I like your sense of dressing. Simple yet bright and clear ❤️

@karishort1891 2 жыл бұрын

Before social media - most people had no idea what their "friends" had or didn't...

@visionbishop9517 Жыл бұрын

Social Media mostly sucks....except for KZfaq.Why would I give my pics to a Corporation to "own,use,sell,market,copyright or use however We see fit unto/into infinity through out earth,the galaxy,universe,and multiverse into the future and infinity with no compensation." Why would I do that? Unless it's business, education,or reaching a lost friend/family member...🙅

@checkmyworld-amazingindia8728 2 жыл бұрын

I always fell the FOMO while trading in stock exchange..thank you for highlighting the key issues

@BiancaRachaelH 2 жыл бұрын

Why I haven't been on Facebook for a couple years. Focusing on myself and personal growth and my family.

@saadusmani9776 Жыл бұрын

Amazing Video Shade ! this is the real reason people will face the coming recession is because most of them wants to buy stuff through loans , mortgages , credit cards payments etc .he simple way is to live a simple life with gratification of everything that you are been blessed with .

@7678767876787 2 жыл бұрын

That was a great video! Different from the usual content, but I like how you tied in that our personal habits/choices are what is fueling the stress. Systematic risk is already sky high (action of the feds, supply chain and inflation), and we further increase the unsystematic risk by irresponsible individual behavior.

@madhurmalkan3863 2 жыл бұрын

From India- It was absolutely wonderful Shade. But you do you also follow SADHGURU? Very curious to know whether you have also done Inner Engineering or atleast follow him? Would love immensely to see you interviewing Sadhguru. It would be super insightful. Thanks and love

@inout804 2 жыл бұрын

fraud

@akvholdings8873 2 жыл бұрын

You are so positive and very clear Thank you so much Amuthan Sri Lanka

@Viraj974shorts Жыл бұрын

A True Eye Opener...Supprrbbb Shade

@lakshmarine 2 жыл бұрын

Loved the way you're presenting the entire theme in a one go .

@arnabsinha1783 Жыл бұрын

I would have felt more mentally free and relaxed if I found someone with your mindset😀

@ashishrahul4692 2 жыл бұрын

Great content, well explained. Made me reconsider a lot of purchases. THANK YOU!!

@Ash-lq9cr 2 жыл бұрын

Wow Shade ...one your best videos

@ShadeZahrai 2 жыл бұрын

Thank you Ash! Faysal (my husband) and I really wanted to share something during this time of uncertainty - we hope it’s helpful for anyone who sees it. 🙏🙏

@Ash-lq9cr 2 жыл бұрын

@@ShadeZahrai Its invaluable , and stress more to use our discerning mind , I would definitely pass it to my friends and family :)