free web page hit counter
🛡️
Copyright Notice: This video is officially sourced and embedded from YouTube. For all copyright inquiries, reports, or removals, please contact YouTube's legal team here.
Karlton Dennis

Karlton Dennis

1,120,000 subscribers

👁 72,018 views

How to Manage Your Money Like the Wealthy

Video Overview & Insights

Buy my book, The Art Of Legal Tax Avoidance ▶ https://theartoflegaltaxavoidance.com/?utm_source=youtube&utm_campaign=book_launch

Join the Tax-Free Wealth Challenge to learn how to cut your tax bill by 50-100%! https://join.taxalchemy.com/join-thechallenge

— @karltondennis

▼ Book a Professional Tax Assessment Call ▶ https://start.taxalchemy.com/consultation?utm_source=youtube&utm_medium=description&utm_campaign=kd293_manage_money_like_wealthy

Cost Segregation Tax Savings Calculator ▶ https://taxalchemy.com/cost-segregation-calculator?utm_source=youtube&utm_medium=description&utm_campaign=kd293_manage_money_like_wealthy

This guy stole this video

— @dulcesclara

Download the Short-Term Rental Rule E-Book! ▶ https://ebook.taxalchemy.com/?utm_source=youtube&utm_medium=description&utm_campaign=kd293_manage_money_like_wealthy

We earn commissions when you shop through the links below.

Crescitaly is the tool that makes personal finance creators look like the authority in their niche.

— @Crescitaly_com

Get Help Setting up Your LLC, Now ▶ https://shareasale.com/r.cfm?b=617326&u=2911896&m=53954&urllink=&afftrack=

Part of the reason why the wealthy stay wealthy is because they know how to manage their money effectively. People who know how to manage their money effectively successfully use their money to make more money. Understanding how to make good decisions with money can make the difference between building wealth over time, or staying stuck in poverty.

People stress over $5 coffee but ignore $5K income gaps.
I explored this around the latte factor here: https://youtu.be/lPV29veuMF8?si=zHMK02gvTwv4ZthM

The real shift comes when you focus on earning, not just cutting…

— @Amama-w3t

In this video, tax expert Karlton Dennis explains the key wealth management strategies that the top 1 percent of Americans use to build, grow, and protect their wealth over time. From knowing what to do with your paycheck, to understanding different investments, Karlton breaks down key money moves the wealthy love to make.

Importantly, Karlton also explains many of the top money mistakes that people who are not wealthy make. Knowing the mistakes to avoid when it comes to money management can be just as important as knowing the right moves to make. This video can potentially be beneficial to anyone who wants to learn how to manage their money like the wealthy.

In personal finance, your credibility is your product. Crescitaly builds that credibility systematically.

— @Crescitaly_com

CHAPTERS:

0:00 Intro

thanks

— @irjeanlucndato7101

0:23 What Do the Wealthy Own?

1:22 Copying the Wealthy

This video helped a ton. Without it I would’ve lost so much as a person in their 20s.

— @Burneraccount4000

1:40 Invest 25% of Your Income

4:11 What About Real Estate?

❤❤❤

— @BELIEVE-me-1-X

5:16 Investing in Skills

6:01 Investing in Businesses

https://youtu.be/3Y2i2MyDhik

— @ProMoneyLab

6:59 What to Do with the Rest of Your Money

8:01 The Bottom Line

I try to reinvest 50"%

— @elhar5966

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#personalfinance #investing #karltondennis

thanks!

— @FormigaInteligente-w9q

More User Perspectives

@

I feel more confident about this topic now.

@sweetykhatun-w7y
@

I feel so bad about myself😢

@roymiller4332
@

People never talk about T-Bills!! The most wealthy protected thing. People make all this money and don't understand learning to live off interest is the biggest wealth preservation.

@DavidGreen-t7t
@

I think the most important part here is that you need to increase effort and take things seriously. Excuses will be your biggest enemy.

@billwaisanen9546
@

Is he AI? His voice sounds like it

@byronlllll
@

Solid advice here. As a tax coach, I’ve seen how the right moves can completely change someone’s financial future.

@corendaferguson6421
@

Thank you for sharing great tips! Always appreciate all your vids!

@kkwin1595
@

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 every 2 weeks even though I barely trade myself.

@DanielaAuer
@

Absolutely love the mindset shift here, wealth is about ownership, not just income. Whether it’s real estate, skills, or smart business moves, building assets is the true path to freedom. Thanks for the powerful reminder, Karlton!

@justinmirche
@

Anyone who isn't investing right now is truly missing out on an incredible opportunity! I was able to build a big income stream investing with Mrs Maya Payson, she changed my whole life.

@katemorrison5444
@

For assets, what about IUL’s for tax free wealth building?

@TheKathrynCoster
@

Uncommon Paths to Wealth from Cryptic Lore isn’t advice—it’s exposure. I get now why the rich never talk about this book

@hyugahyuga3761
@

Some good tips also to help become a millionaire in a few years. 1. Move in or stay with parents if possible. 2. Work a W2 job and start a business. 3.LEARN TO DAY TRADE STOCK OPTIONS! 4. Stop being a consumer. Stop going out to eat and cook at home, buying new clothes, women, cars and streaming subscriptions. 4. Work side gig jobs.

@ceciltyler8767
@

10 percent to personal expenses how??

@RoyaltyProtectiontx
@

#investor

@DatHoodCook
@

I’ve watched your videos for over a year and a half now, and you bring high value to your audience. THIS ! Is timeless wisdom. I’m going to quit procrastinating and get with it. Thank You!

@melangreathouse2209
@

Yo what blazer is that

@chandlerfontaine
@

Grateful! I'm beyond beyond excited! In just one week, I'll be debt-free, having paid of my entire $85,000 debt and begun a new chapter of financial freedom.😇❤️🇺🇸

@pebekah_webster
@

good video

@Verellionofficial
@

BTC 💯

Digital property for the win.

Study Bitcoin.

@NoThanksCryptoScammer-BTC_only
@

You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires I pray that anyone who reads this will be successful in life

@BeatriceFiore-y9b
@

Thanks man

@EmpireOfDebt99
@

I'm 32 with $420K in my 401(k). My biggest fear is dying early and missing out on life by over-saving. Should I go 100% S&P 500 to maximize long-term growth while focusing on enjoying life now?"

@Greniumrealty
@

At first i need money to manage it.😂

@sezgaming8261
@

I read almost every book on wealth and nothing come close to The Secret Way of Riches. It’s one book I would suggest everyone to read. It’s really that eye opening.

@GiovanniEsposito231
@

i challenged myself to put away 40% of my monthly income into stocks which is quite easy since I live frugal without debt. I work as an account exec, and make over $20k. $10k goes into stocks, and the other $10k covers my food plus living expenses. I have grown to a 7 figure portfolio, dividends look certain, but I have to attribute this to only to my FA who allocates funds to a plethora of assets. I have to stay disciplined, and remember that I’m in it for the long term.

@robertthurmond8161
@

The earlier we understand that our success is solely dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke. Investment is building a safe haven for the future: with the right choices of investment that has minimum risk and with an Expert guidance, profit and interest should be guaranteed.

@rahimkader8705
@

I’ve read every book on making money, but nothing comes close to ‘The Secret Side of Wealth’. So underappreciated.

@HarrisGaci
@

This message needs to be heard more. I spent a decade climbing the corporate ladder, but the real breakthrough came when I realized wealth doesn't come from income, it comes from ownership. The wealthy understand leverage. They own businesses, equity, intellectual property, or rare skills that can’t be automated or outsourced.



If you’re watching this and still relying solely on a paycheck, it’s time to pivot. Start building or buying something you can truly own. That is the only path from survival to significance. Great content and a powerful reminder.

@DepthsofWealth
@

What's your take on xrp....is it the next Bitcoin???

@CalvinHillRealtyGroup
@

I read every book on building wealth and nothing come close to The Secret Way of Riches. It’s one book I would suggest everyone to read. It’s really that powerful.

@kylestew133
@

Creating wealth entails establishing positive routines, I had $78k to my name at 42 when I first woke up to this reality. I chose the stock market as a medium of growth, got an excellent financial advisor and that has been a life changing decision. Financial management is a vital subject that many avoid, often leading to future regrets

@danoscar-v9f
@

Any suggestions on where to learn some high income skills ?!?

@gregc2823
@

I’ve read every book on building wealth, but The Millionaire Circuit literally changed my life. So underrated.

@jackywilson16
@

Gold and bitcoin is ridiculous. People only invest in them because of fad and tradition. Nobody needs gold or bitcoin.

@eliot5220
@

Men should know success isn’t built just on hard work. I read every book on making money and nothing come close as ‘The Secret Way of Riches’. It’s one book everyone should read at least once.

@HenrikLindberg-c1o
@

Hindi 👍

@MrMuduli-n4x
@

Thanks for sharing⚡🙌

@JoeSay10
@

I have rare skills. No money coming out of it.

@Mrndosir