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Lessons - Why Thinking Small Keeps You Poor Forever | Grant Cardone - Real Estate Mogul & Sales Expert · Success Story with Scott Clary

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  In this lessons episode, discover why raising financially confident kids begins with early education
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  and removing distractions. Learn how to unlearn limiting money beliefs, understand why most people
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  give up on wealth too soon, and explore how choosing discomfort leads to lasting financial
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  freedom and generational change.
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  What do you tell parents when they're trying to raise their kids? You made a good point.
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  Yeah, you don't have to think the 2025 is the right age. You can get your kids started
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  early young to help them understand business, help them understand to conduct themselves,
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  help them understand how to invest.
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  The parents, a lot of parents don't do that. I don't think you're the norm.
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  No, you're not the norm with the parents. I don't know. I watch my kids, you know, I know it
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  outlier. Huh? You're a good outlier is what I'm saying. You're not the norm.
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  Well, maybe. I mean, I don't know who knows. It's yet to be determined whether I'm a good
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  parent or not. We'll see what, you know, when they grow up and they start functioning in society,
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  and they start, you know, going out on their own doing their own deals, then we'll find out whether
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  we got a really good product out of our kids or not. But, you know, when I'm watching my kids at
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  six and seven, watch YouTube, I'm like, that can't be good for them. So now I could take the YouTube
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  away from them, but then what are they going to do? Like I need to spend time with them, you know,
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  to like, because I want them to hear what I'm doing. Now, just because I think what I'm doing's
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  right. Yeah. Um, but what's your advice for parents on how to raise good kids? Well, he's being
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  super kind and, and you're saying that we don't know. Listen, my advice to parents is phenomenal.
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  My advice to parents is, is you cannot turn them over to YouTube and Facebook. Those are not
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  nannies. Okay. Or, or like I grew up on Tom and Jerry TV, TV's just another TV was an early
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  form of YouTube is garbage. You're watching garbage every day junk. You're being sold, terrible foods,
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  medications, one out of every three ads on any channel that you're on is going to be you got
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  hypertension. You got a restless legs syndrome. Do you have erectile dysfunction? Do you have
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  depression? Uh, but polar like this is terrible shit. Your kids are being programmed with to believe
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  these are normal fucking things. They're terrible things and they're not even real. So get your kids
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  off of TV, get your kids off of YouTube. You got to get your kids active. You know, we took our
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  kids out of school. I do not want my kids with your kids. No offense. That's how you're raising your
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  kids. I don't want my kids with your kids. Your kids believe in all this made up diseases and
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  shit. I don't want my kids here and from your kids, what your kids have been programmed to believe.
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  So and it doesn't make me right. Like I'm not making anybody wrong here and what I'm saying,
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  we took our kids out of school. We took full responsibility for their education. We homeschool them
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  with this 365 days of the year almost. Um, they're required to work for us since they were six
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  years old. They have contracts to work force. They have a list of things they have to do.
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  Hmm. They're happy kids, man. They're very socialized. You know, everybody's like, oh,
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  they're not going to, they're not going to be socialized in the schools. Yeah, exactly.
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  They're going to be socialized the way we want them educated. So and again, I just want to
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  like preface all this, but I am not giving parental advice. I'm just telling you how we raised
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  our kids. Yeah, but I like that you, I like that you have a different opinion than most. And
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  it's not just with how you raised them. It's like you, you have, you have opinions about investing
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  about wealth and you just reframe, you reframe shit in a way that I don't, growing up, I didn't get
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  access to the information about wealth, about investing for my parents. And again, nothing wrong with
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  my parents. I love them so much. Yeah, yeah. But I did, you know, my dad worked for the government,
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  right? It's risk adverse nine to five. So I wish, yeah, yeah, that I had a little bit more
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  of your wisdom. Yeah, yeah, when I was young. Yeah. So how do you, you know, how do you read,
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  how do you fix your relationship with money and wealth if you come from that super risk adverse
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  family? Well, I think you have to, you have to want it. I've been obsessed
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  with the concept of money since I was like eight years old. I've always been interested in it.
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  You know, I'm a kid watching my dad had the power mom didn't have any, you know, I think women,
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  women couldn't even get a damn credit card till like 1974. Is that true? Is that true? I don't know,
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  that's wild. Let me ask. When did women first get a credit card?
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  1974. Get out. Dude, I was graduating from high school. And, and, and kids, my mom couldn't have
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  access to a credit card. If she wanted to get a loan, she needed a husband or a brother.
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  Why am I telling you that? Because how can women women have been left left alone in the
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  finance department? Okay, my mom, the woman that raised me because my dad died when I was 10,
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  didn't have access to a credit card. So that was suggesting that women didn't understand about
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  money. The men were out working to take care of the women and dad dies. I don't have anybody
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  teaching me about money either, but I noticed this. My dad had control of the money. He's the one
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  that said what car we drove or had when we bought a house or didn't, how much money we could spend.
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  If we ever went to Disneyland, you know, and we did, we went to Disneyland one time. I had one
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  trip in 10 years. And it was the end of his life. He knew it. So I'm like, man, whoever's got
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  the money, bro, makes the rules. And so I've been obsessed with the concept of money. So the first
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  thing I would tell you is people need to make a decision whether they're, they want money or not.
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  And I think most people have tapped out. It's got on the money game. They're like, I'm not going to
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  have it. The game's rigged. I just need to be happy. I'm just going to save, I'm just going to
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  save what a little bit I have. Rather than, no, I'm going to earn more. And I'm going to create
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  wealth for myself and my family. So I think that's what people need to decide first. If they want to
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  change, do you even want to create wealth? People do. I'm sure deep down. I don't think so. You don't
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  think so? No, I think most people have quit on it. The concept. Do you think they quit because they
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  don't know how? I think they quit because they don't believe they can be because they've been
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  programmed to believe you can't be one of the wealthy people. And I mean, it's for them not for me.
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  That's that's what they think. Money's for the other. The one percent, the point on. Yeah, it's for
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  some group. Yeah, some specific race. You know, and I don't know how to get it. So I'm just going
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  to take the job I have. Like I would highly recommend everybody to make wealth one of your number
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  one most important ambitions in life. To have wealth to create tremendous amounts of prosperity
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  for yourself and your family income, acquiring assets, passive income, massive appreciation,
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  like have tremendous, like like I think a target for all married couples and individuals.
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  Regardless of what your passions in life are, if you're an artist, your your goal would not be
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  to be a starving artist. It would be to be a wealthy artist. No, of course. You know what happens
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  in Toronto. This is what happened in Canada. In Toronto, cost of living is very high. Yeah, young,
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  young people, young people, whatever. There you go. Yeah, yeah, yeah. 25, 30 year old people cannot
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  buy a house. Yeah, they can't buy it attached home. So they're trying to buy a condo or they're
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  renting a condo. Yeah, yeah. And then they're getting married later. If there's too expensive,
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  they're having kids later because it's too expensive. And the thing about Toronto, which is even
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  worse than New York or Miami or LA, is the cost of living is going up and the jobs, the salaries aren't
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  going up in line. Right. So now you have a single bedroom condo that's a million dollars,
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  but you can only make 70 grand out of university or college. Yeah. Yeah. How the fuck are you going
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  to afford that if you don't have your parents giving you money? So now all of a sudden, yeah, you feel
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  like, fuck, I just got to push my life back 10 years. So I'm 35 to start when my parents were doing
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  it when they were 20 years old, right? They didn't get ahead either. No, they didn't get ahead. But
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  now I don't feel their loss is stressed out. Yeah. And then this is where they have to start to
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  relearn. You got to decide, you know, your parents thought that the middle class was just enough.
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  They thought that owning a home, paying off your debts, preparing for retirement was going to be
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  enough. They were wrong. This goes back to what we talked about earlier. Look, when you find yourself
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  in a place in life where you're like, this is fucked up. Okay. Whether that's whether that's a drug
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  addiction or you're like, wait a minute, dude, I'm working my ass off. These are just different
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  problems. This is a high, not even a, it's a middle class problem. Man, I'm working my butt off,
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  man, I'm doing everything right. Yeah. You don't talk like that up there. But you I'm doing everything
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  right. But I got nothing. I got no free time. I got no money. I'm stressed all the time. That's
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  a middle class problem, right? What you want is some damn upper class or wealthy class problems.
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  And if you're not looking for those problems, you're not going to have them any more than if
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  you're not looking for a butterfly, you're probably not going to see one. So you've got you're going
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  to get what you look for. Okay. And if you're just looking to get by which most people in Canada
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  are simply looking just to get by, I just want to be happy. I think a lot of people are going to get
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  by Trudeau wasn't that bad. Like, guys, you have the highest tax rates in, of almost any developed
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  nation. The lowest wages, if we added Canada to America, you would be the second lowest state
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  wages in the, in North America. You spent, you take the PST, the GST, you guys have more taxes.
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  It feels like you're at a ditty party. Okay. You go from room to room. Take this, take this,
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  take this. Take this. I'm like, goddamn, bro. Like, you know, you guys just like bang, bang,
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  and you get your little, you get your health insurance for free and you think, oh, we,
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  we get health insurance, you're getting killed. And that's why I am for Canada joining America
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  as the 51st state. It's not just Canadians. It's not just Canadians that are stressed out trying
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  to figure out life, dude. It's all over. It's all over. It's all over. And I mean, we were fortunate
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  that we had the ability to come down here. We had the resources. Didn't hurt too much. We
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  changed our whole life. You figured out how to get down here, though. Yeah. You left comfortable.
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  Yeah. To get, to move toward a dream. Yeah. And that's what people should do. They should
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  leave comfortable. Comfortable is an addiction, too, by the way. Okay. Comfortable is a serious
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  addiction. It allows you to socially drift through life. You don't even know you're on a drug,
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  but you are. You're, you're on a drug of like, I don't want to take risk. I don't want to feel
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  stressed. I just want to know if I just want everything to be perfect. Yeah, bro, you're living
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  in a fantasy. You're addicted to a fantasy that does not exist. And sooner or later, you're going
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  to feel economic stress in your life to retire, to take care of the bills, to take care of your
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  parents. It might not even be you, by the way. You might not be driving begotts and Rolls Royce,
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  and I would, but you find out, oh, your dad's got dementia and you got to put him in a place.
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  And that place is going to cost 15 grand a month. And you want planning on $180,000 a year
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  bill for the next 12 years. Thanks for tuning in. If you found this valuable, don't forget to
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  hit that subscribe button so you never miss an episode. And if you want to dive deeper into this
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  conversation, check out the links in the description to watch the full episode. See you in the next one.