The 11 Money Lies Keeping You Broke

If you grew up hearing we cannot afford it, you probably inherited money beliefs you never chose. In this video, I break down 11 common money lessons from low-income households and show you simple reframes that move you from fear to strategy. We cover scarcity thinking, the balance between hard work and leverage, credit as both a trap and a tool, the difference between extreme saving and purposeful investing, boundaries within family, and more. If you want a calmer relationship with money and a clear plan for the future, this is for you. #MoneyMindset #PersonalFinance #WealthBuilding #InvestingForBeginners #FinancialLiteracy #Australia 💰Try GLOSS Vault https://gloss-vault.app/irenegvsignup (use IRENE to get 2 months free on yearly plan, offer ends 31st Oct 2025) ✅ Get my Cashflow & Wealth Tracker: https://beacons.ai/irenezhu/downloads 📈 Manage your portfolio on Navexa and get 3 months off on your annual subscription: https://geni.us/tMIZQ0 👉Check my monthly portfolio update and support the channel: https://www.patreon.com/irenezhu 🔎Be a smart Value investor by using Seeking Alpha Premium to get 20% discount with 7-day trial: https://www.sahg6dtr.com/392M6MZ/R74QP/ 🔎 Build a data-driven portfolio for capital appreciation - Alpha Picks by Seeking Alpha - get 10% discount by using this link: https://www.sahg6dtr.com/392M6MZ/J8P3N/ 🎹 Music I use https://share.epidemicsound.com/2l6vj2 👩‍💻Tubebuddy https://www.tubebuddy.com/irenezhu 🛎️Disclaimer: Some of the links above are affiliate links, where I earn a small commission from your purchases at no additional cost to you. The content of the videos is for educational & entertainment purposes only and merely my opinions. I am not a financial adviser. All investments involve some risk, and there is no guarantee that you will succeed. To make the best financial decisions that suit your own needs, you must conduct your own research and seek the advice of a licensed financial adviser if necessary. Chapters 00:00 Intro 00:45 1. Money is scarce 01:45 2. Hard work equals wealth 02:23 GLOSS Vault 03:27 3. Spending on yourself is selfish 04:15 4. Credit is a lifeline 04:52 5. Extreme saving out of fear 05:37 6. Wealth is for them, not us 06:48 7. You owe your family everything 07:30 8. Start working as soon as you can 08:07 9. We do not talk about money 09:34 10. Do not dream too big 10:45 Tall Poppy Syndrome 12:07 11. Money is the root of all evil 12:52 Final reframe and next steps