The Simple Path to Building Wealth from Nothing

by | Dec 31, 2023 | Vanguard IRA | 33 comments

The Simple Path to Building Wealth from Nothing




In this video, I’ll take you on a personal journey and show you how to build wealth with $0, the easy way.

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Building wealth is a goal that many people have, but it can seem overwhelming, especially if you don’t have a lot of money to invest. However, it is possible to start building wealth with $0, and there are some easy ways to get started.

1. Invest in yourself

One of the best ways to build wealth with $0 is to invest in yourself. This can mean pursuing education or skills training that will make you more valuable in the job market. Look for free or low-cost resources such as online courses, webinars, and networking events to build your knowledge and expertise.

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2. Start a side hustle

With the rise of the gig economy, it’s easier than ever to start a side hustle and make extra money. Whether it’s freelancing, dog walking, or selling handmade items, there are plenty of ways to earn money on the side. This extra income can be put towards building wealth, whether it’s through investing, saving, or paying off debt.

3. Take advantage of employer benefits

If you have a job, make sure to take advantage of any benefits that your employer offers. This can include things like a 401(k) match, employee stock purchase plans, or flexible spending accounts. These benefits can help you build wealth without having to invest any of your own money.

4. Utilize free investment apps

There are now several investment apps that allow you to start investing with as little as $5. Some of these apps also offer bonuses for signing up, which can help you get started with even more money. Utilize these apps to start building wealth without having to come up with a large sum of money upfront.

5. Cut expenses

Another way to build wealth with $0 is to cut expenses and redirect that money towards building wealth. This can mean things like canceling unnecessary subscriptions, cooking at home instead of eating out, or finding cheaper alternatives for things like utilities and insurance. By freeing up extra money, you can put it towards building wealth instead of spending it on things you don’t need.

Building wealth with $0 is possible, and with a little creativity and discipline, anyone can get started on the path to financial freedom. By investing in yourself, starting a side hustle, taking advantage of employer benefits, utilizing free investment apps, and cutting expenses, you can begin to build wealth even without a large sum of money to start with.

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33 Comments

  1. @Erika2

    I'm loving your channel! So excited to see your success 🙂

  2. @EricsonHerbas

    What an inspiring story. I wish I started investing earlier in my life. I’m now 50 and I just started investing in the stock market (baby steps with index funds). Wishing you all the best. Keep on inspiring others.

  3. @Angell_Lee

    WOW, thank you soooo much!! What a beautiful amazing role model you are. Much love and the most beautiful success to you xo

  4. @sweetrisse

    I Love how genuine you are. You will never know how much this video has spoke to me. All I can say is you truly are a blessing❤ Thank you

  5. @YOURTVSTATION1

    I luv the way u moved Joshua,I never gave up, good work

  6. @kentjensen4939

    Jump first, prepare the parachute later; why not just call it skydive?

  7. @lorgimasayson6044

    Hey Josh! You are truly amazing person. Hope I have guts just like you to start new my new journey!
    Thank you so much. Please do continue inspiring stories.

  8. @garyholloway3327

    Hi Joshua, I'm from over the pond in the UK and although things work rather differently in both our countries, I began investing in Property in my early 40's. So wished I had been educated way before then. I have a well paying job that gives me a decent lifestyle. As you mentioned I learned to live below my means and saved and began investing in property. 15 years later, I have a moderate number of rentals which has enabled me to then invest in ETF's and recently in Reits. Don't get me wrong, I now have a great life, but…. Oh boy if only I knew the stuff I know now when I left school, life would be even more amazing. I wanted to say the biggest thing I took away from your video is, just make a start and don't wait to become an expert. As they say, READY, FIRE, AIM. It's so true. Don't wait, just do it and learn on the way. Great advice! Massive good luck on your journey Joshua.

  9. @stevenquinlan8710

    Well I just checked mmm stock ticker at 109 per share now I start a dividend investment plan, MMM on my list now for 100 shares

  10. @JarppaGuru

    do same as you make youtube videos talking money click my link do this blah blah. still doing youtube its not work xD i would be in hawaii

  11. @saadtahir2023

    im looking for online work or car wrap so i can make more money plz help me or guide me thanks
    regard
    saad
    from canada.

  12. @riveralvarez7517

    Just start drop shipping and use Winnerzila. I started like a year ago, and made 80k profit, and it's mostly passive. This business is not gone for good, you just need winning products that are high demand and this service has a lot of them.

  13. @jaylenlenear7850

    Oh wow never would have guessed your from Detroit. So am I. Inspiration my dude

  14. @fonzie_fox2875

    While there are a ton of free and cheap websites generators and no-skill programs to do this, the idea of creating simple websites for money seems a bit missed

  15. @chriss4365

    Started the channel a year ago and now has 500k subs I've been on youtube for 10 years and don't even have 5k subs i guess I suck.

  16. @JtheRaven

    lots of blur effects

  17. @TOP5LEARNER101

    Joshua, I need to learn how to build and design websites, is it possible for me to do that for free, so far many of the money-making sites and apps are not working in the EMIRATE, is there any thing you can help me with.

  18. @PhilzuLost

    where and how do i invest wich apps do i use and how do i know where to invest

  19. @CamCampbell23dynasty

    Also being from Detroit, I'm ready to get it! Thank you for the video

  20. @the40thstep

    That camera zoom and focus breathing is super annoying

  21. @medievalgaming8064

    Bro, is that the car dealer near cooks flea market? I swear it is!

  22. @orvillelibril5686

    You are great and my new inspiration. But amongst all of these, I am pretty sure you have a great wife supporting your back.

  23. @catherinelord6307

    My friend, I appreciate the time you spend to inform us. As of January 3-2023 i count on $2,000, what do you suggest i should invest it in?

  24. @kethhekel8918

    Great content but the whole moving the camera and going in and out of focus is super distracting and it looks like you filmed this on a boat.

  25. @tiki2905

    Well spoken Joshua

  26. @Shiffo

    Awesome stuff!

  27. @jamalraymond1074

    For salary earners having a passive source of income is the best thing you could have , because aside the the fact that it isn’t always enough you could lose your job any day at any time , have something to fall back to is crucial , for me it is trading the Forex and crypto market and no I didn’t have that much knowledge to begin to earn that’s why I said passive income, I leave the profit making to the experts like my trader Mr Kent white , who has been doing a wonderful job

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